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LIBRARY
ponivi 5 0 3 0

JUN 1 4 1972
TREASURY DEPARTMENT

TREASURY D S P i R T M O T
Hashing toa
POR 8Cm m % m m m o m r n w m s ,
T a » » d T . Ootobar IB, 1988.
10/17/38

Press Ser^Les
)
O

The Secretary of the Treasury announced last evening that the
tenders for $100,000,000, or thereabouts, of 91-day Treasury bills, to be
dated October 19, 1936, and to »ature January 16, 1969, which were offered
on October 14, were opened at the federal Reserve banks on October 19*
The details of this issue are as follows:
Total applied for
Total accepted

- $320,338,000
- 100,028,000

Range of accepted bids:
High
Low
Average prise

• 100.
* 99.994 Equivalent rate approximately 0.024 percent
- 99.995
*
*
*
0.018
"

(9 percent of the amount bid for at the low price was accepted}

TREASURY DEPARTMENT
Washington

POR RELEASE, MORNING- NEWSPAPERS,
Tuesday, October 18, 1938.
10-17-38
?

Press Service
No. 15-0

The Secretary of the Treasury announced last evening that the tenders for
$100,000,000, or thereabouts, of 91-day Treasury bills, to be dated October 19,
1938, and to mature January 18, 1939, which were offered on October 14, were
opened at the Federal Reserve banks on October 17,
The details of this issue -are' as
Total applied for
Total accepted

follows:

- $320,338,000
- 100,028,000

Range of accepted bids;
High
Low
Average price

- 100. • ■
- 99.994
- 99.995

Equivalent rate approximately 0.024 percent
»
»
»
0.018
»

(9 percent of the amount bid for at the low price was accepted)

— oOo—

PRESS RELEASE

The Commissioner of Customs today announced that preliminary
reports from the collectors of customs show total importations of
35,448,574 pounds of white or Irish certified seed potatoes,
under the quota provisions of the Canadian Trade Agreement,
during the period December 1, 1937, to October 15, 1938.
This total represents 78,8 per cent of the quantity allowable
under the tariff rate quota on importations of this commodity for
the twelve-month period ending November 30, 1938.

TREASURY DEPARTMENT
Washington
Pross Service
ITo. 15-1

FOR IMMEDIATE RELEASE,
Tuesday, October 18, 1938.

The Commissioner of Customs today announced that preliminary
reports from the collectors of customs show total importations of
35,448,574 pounds of white or Irish certified seed potatoes, under
the quota provisions of the Canadian Trade agreement, during the
period December 1, 1937, to October 15, 1938.
This total represents 78.8 per cent of the quantity allowable
under the tariff rate quota on importations of this commodity for the
twelve-month period ending November 30, 1938.

— oOO'

- 3 -

In the New England camps > pneumonia was almost one and three-quarter
times as great among the uninoculated as among the inoculated.

In the West

Coast camps the contrast was still greater, the frequency among the uninocu­
lated being nine times that among the inoculated.

These findings essentially

confirmed impressions gained from similar preliminary tests conducted in the
New England camps.
’’The results are promising^, according to Dr, Felton, ”but there
is need for careful investigation regarding the extent and duration

of

immunity conferred by the new antigen before its general use as a prophylactic
agent can be positively recommended

* ■* *

___

-

specific microbes*

2

-

Bat— many individuals who have no demonstrable anti­

bodies against a particular germ nevertheless resist its invasion!
To investigate further the nature of this natural resistance and
attempt to increase it, Dr. Felton g and others^present^ the seventh and
eighth of lA^s e r i e s of studies on immunization substances in pneumococci
^
dz*
*
Dlic Health Reporfe^October
Reports^ October 21,
21 1 9 3 « .

The first of these gives the

results of the new vaccine and its effect in the production of immunity to
pneumonia; the second, of a field test to determine its preventive value*
"A single injection containing two milligrams of this antigen^
^

Dr. Felton, «stimulates as much antibody as multiple injections

of the usual pneumococcus vaccine. This was true in the majority of the
individuals tested*

There was, however, a high degree of individual varia­

tion which, in turn, suggested a great variation in susceptibility to
pneumonia.«
The material used is soluble, stable, can be readily standardized
and sterilized.

In addition, it is stable as a dry powder, so that it is

possible to have a supply on hand in case of emergencies, providing it
is definitely proved to be an effective preventive for the pneumococcus
infection.

It is easier to handle, and may prove to give a resistance

similar to natural immunity.
Recent tests were conducted in the Civilian Conservation Corps
camps of New England and the West Coast during the winter of 1936-1937.
Altogether over 70,000 young men were under observation, of whom about
30,000

volunteers were inoculated with the pneumonia antigen.

The re­

mainder provided, for comparison, a control group representing the general
uninoculated population*

Treasury Department
U. S. Public Health Service
Washington

The vaccine used is sugar-like in nature.

It is a chemical

portion of the pneumonia germ and contains all the immunizing qualities of
this microbe.

It immunizes men and mice.

The fact that the entire germ

is not necessary to produce active immunity, and also that the immunizing
fraction is practically free from the reactions common to almost all
vaccines, led to a study of its effect on human beings.
The most baffling factor among the unknowns in man*s fight
against disease^is the nature of his resistance to infection.
Why, for example, does one man come down with pneumonia while
his Vi9 neighbors, who breathe the same air day in and day out and grasp
the same door knobs, resist the disease?

Almost everyone has the germs in

his throat; but somehow only one, annually, out of each 4-50 persons in the
United States, apparently lacks the lethal weapons in his blood stream
necessary to stave off their invasion, and contracts pneumonia.
Early studies of immunity disclosed that germs provoke the
production within our system of anti-bodies— specific weapons against

TREASURY DEPARTMENT
U. S. Public Health Service
Washington
FOR RELEASE, AFTERNOON NEWSPAPERS,
Friday, October 21, 1958.
10-20-38

Press Service
• 15-2

Prophylaxis against pneumonia appeared as a possibility today on the
strength of recent tests of a new vaccine.
The agent has been developed after many years of intensive laboratory
research by Dr. Lloyd D. Felton, Senior Surgeon, United States Public Health
Service, and others, working under grants from the Influenza Commission of the
Metropolitan Life Insurance Company, and the Pneumonia Funds of Harvard and
Johns Hopkins Universities.
The vaccine used is sugar— like in nature.

It is a chemical portion of

the pneumonia germ and contains all the immunizing qua].ities of this microbe.
It immunizes men and mice.

The fact that the entire germ is not necessary

to produce active immunity, and also that the immunizing fraction is practically
free from the reactions common to almost all vaccines, led to a study of its
effect on human beings.
The most baffling factor among the unknows in man's fight against disease
is the nature of his resistance to infection.
Why, for example, does one man come down with pneumonia while his 449
neighbors, ?/ho breathe the same air day in and day out and gre.sp the same door
knobs, resist the disease?

Almost everyone has the germs in his throat? but

somehow only one, annually, out of each 450 persons in the United States,
apparently lacks the lethal weapons in his blood stream necessary to stave off
their invasion, and contracts pneumonia.
Early studies of immunity disclosed that germs provoke the production
within our system of anti—bodies —
But —

specific weapons against specific microbes.

many individuals who have no demonstrable anti-bodies against a particular

- 2 -

germ nevertheless resist its invasion.*
To investigate further the nature of this natural resistance and attempt
to increase it, Dr. Felton and others present the seventh and eighth of a series
of studies on immunization substances in pneumococci in ’’Public Health Reports”
for October 21, 1938.

The firsft of these gives the results of the new vaccine

and its effect in the production of immunity.to pneumonia; the second, of a
field test to determine its preventive value.
”A single injection containing two milligrams of this antigen,” said
Dr. Felton, ’’stimulates as much antibody as multiple injections of the usual
pneumococcus
tested.

vaccine*

This was true in the majority of the individuals

There was, however, a high degree of individual variation which, in

turn, suggested a great variation in susceptibility to penumonia.”
The material used is soluble,
sterilized*

stable, can be readily standardized and

In addition, it is stable as a, dry powder, so that it is possible

to have a supply on hand in case of emergencies, providing it is definitely
proved to be an effective preventive for the pneumococcus infection.

It is

easier to handle, and may prove to give a resistance similar to natural immunity.
Recent tests were conducted in the Civilian Conservation Corps camps of
Hew England and the West Coast during the winter of 1936-1937.

Altogether over

70,000 young men were under observation, of whom about 30,000 volunteers were
inoculated with the pneumonia, antigen.

The remainder provided, for comparison,

a control group representing the general uninoculated population.
In the Hew Bng3.and camps, pneumonia was almost one and three-quarter times
as great among the uninoculated as among the inoculated.

In the West Coast camps

the contrast was still greater, the frequency among the uninoculated being nine
times that among the inoculated.

These findings essentially confirmed im­

pressions gained from similar preliminary tests conducted in the Hew England

camps.

- 3 -

"The results are promising,” according tc Dr. Felton, ,fbut there is need
for careful investigation regarding the extent and d uration of immunity conferred by the new antigen before its general use as a prophylactic agent can
be positively recommended.n

■o0o-~

October 20, 1938«

Secretary Morgenthau announced today that<£|Éj| Maurice Collins,
who has been Assistant Commissioner of Accounts and Deposits since
December, 1934, has accepted a position in the Bureau of the Budget as
Assistant to the Director of the Budget,

Mr* Collins originally entered

the Government Service as an employee of the Treasury about 25 years ago
and after many years in the service of the Treasury, was employed in the
Veterans* Administration when the sjfrWar Risk Insurance Bureau was
separated from the Treasury and made an independent agency«
left the position

Mr« Collins

Director of Finance of the Veterans* Administration

in December, 1934, to become Assistant Commissioner of Accounts and
Deposits,
A

William T« Heffelfinger has been promoted from the position

of Executive Assistant to the Commissioner of Accounts and Deposits to
Assistant Commissioner, effective October 17, 1938«

Mr« Heffelfinger

entered the Treasury on August 1, 1917* as a Messenger in the Office of
/
the Register of the Treasury«

In February, 1931, he was appointed

Chief Insurance Examiner in charge of the Section of Surety Bonds
and since November 1, 1933^ has been Assistant to the Commissioner
of Accounts and Deposits«

TREASURY DEPARTMENT
Washington

FOR IMMEDIATE RELEASE,
'
Thursday, October 20, 1938.

Press Release
No. 15-3

Secretary Morgenthau announced today that Maurice Collins, who has been
Assistant Commissioner of Accounts and Deposits since December, 1934, has
accepted a position in the Bureau of tho Budget as Assistant to the Director
of the Budget.

Mr. Collins originally entered the Government Service as an

employee of the Treasury about twenty-five years ago and after many years
in the service of the Treasury, was employed in the Veterans1 Administra-tion
when the War Risk Insurance Bureau was separated from the Treasury and made
an independent agency.

Mr. Collins left tho position of Director of Finance

of the Veterans* Administration in.December, 1934, to become Assistant Com­
missioner of Accounts and Deposits.
William T. Heffelfinger has been promoted from the position of
Executive Assistant to the Commissioner of Accounts and Deposits to Assistant
Commissioner* effective October 17, 1938.

Mr. Heffelfinger entered the

Treasury on August 1* 1917, as a Messenger in the Office of the Register of
the Treasury.

In February, 1931, he v/as eppointed Chief Insurance Examiner

in charge of the Section of Surety Bonds and since November 1, 1931, has been
Assistant to the Commissioner of Accounts and Deposits.

the respeetive distriate, to iesue allotment notices, to reeeive payment for notes
allotted, to sake delivery of «otes os foil-paid suheeriptions allotted, and they
m y Issue Interi» receipts pending delivery of the definitive notes*
£•

The Secretary of the Treasury m y at any time, or from tine to time, pre­

serve supplemental or amendatory rules and regulations governing the offering»
whleh will he comuni anted promptly to the Federal Aserte hanks*

m m mmmmâ&,

ih

*»

Seeretary of the Treasury*

■ 'Y

^

%

i

r

f--;--

■

m8 i t tlif T reasu ry 0 »$« rim asi* ln sM m lG fti m»â #boaM be

wmk» p i

1 ì 4 by not«® « f S t r i t i

% t m i i n â f o r pure b a s e * t o a p a r amount eq u al t o th e p a r amount o f n o te s o f S t r i o » f
su b scrib ed f o r .

Banking i n s t i t u t io n s g e n e r a lly may submit s u b s c rip tio n s f o r acco u n t

o f cu stom ers* but m l y tbo f e d e r a l B e c e r r a banks and th e T reasu ry Department t r o
a u th o ris e d t o » e t a s o f f io i t i a g e n c ie s .

The S t o r t i t r y o f th e T reasu ry r e s e r r e s ib »

r l $ i t t o t l o t t t b t book» a t to t o y o r t i l s u b s c rip tio n s o r o l t t t t » o f t u b t t r i p t i o a »
a t aay timo w ith ou t a o tic ® .
I*

Tbs S e c r e ta r y o f t b t T reasu ry r e s a r c e s t b t r i g h t t o r e j e c t t a y s u b s c r ip tio n ,

l a whole o r i a p a r t» t o a l l o t l o o t th a n th o amount o f a o t a * a p p lie d f o r * t o make
a llo tm e n ts i a f a l l a pm a p p l i c a t i o n s f o r a s ie lle r «mounts ta d t o » I » rod u otd a l l o t ­
ments upoa* o r t o r e j e c t * a p p l i c a t i n e » f o r l a r g a r amounts* o r t o adopt a a y o r a l l o f
s a id methods e r such o th e r methods o f a llo tm e n t and c l a s s i f i c a t i o n o f a n o t a v a t e a »
» b a ll a t deemed by him t o ba i a th e p u b lic i n t e r e s t { and M a a t t i c a i a aay o r a l l
o f th a a a r a s p a c i» s h a l l b» f i d a i .
w i l l b» a l l o t t e d i » f u l l .

S u b je c t t o th o » » r e s e r v a t i o n s , a l l » u b a o rip tio a *

A llotm en t a o t i e e » w i l l be » » a t ou t prom ptly upoa a l lo t a c n t .
rr.

1.

Fjmsmr

Tkyaaat a t p a r f o r a c t » » su b scrib ed f o r h oreu ad or o a s t ba made o a o r b e fo re

H oradbar 1 * I T O , o r oa la b o r a llo tm e n t.

Ifotaa o f S a r i t a I ten d ered f o r purchase

« a i t h a te eoupoae d ated December 1 5 * I T O * a tta c h e d * aad payment w i l l ba »ad e a t
p a r and accru ed i n t e r a c t t o Kotember 1 , I T O .

The p r i n c ip a l protende o f tho S o r ia »

1 n o t» » w i l l be ap p lied in payment o f th » S e r ia » F n o te s * ta d a ccru e d ia te r e a b f r o «
Tane 1 5 * I T O , t o H oraaber 1 , I T O , oa S t r i a e K n o te » (# 5 . 69 d m

p a r $ 1 *0 0 0 ) w il l be

paid fo llo w in g accep t.aneo o f th e n e t« » .
T.

1.

omwm. m m B t t m

a t f i c e a ! a g e n t» o f th e Ofcited S t a t e s * f e d e r a l R eserve beak» a r e a u th o ris e d

aad re q u e ste d to r e c e iv e a u b e e rip tlo a a * t o «ak a a llo tm e n t» o a th e b a s is aad up to th*
amount« lad le a te d by tb a S e c r e ta r y o f th e T reasu ry t o th e f e d e r a l R eserve banka o f

•» H m
Retambar X, 1941, aad w ill r.ot b« aabjaat to « a ll fo r m&mgUm p rier to « a ta rlty .
8.

Th» b,stets w ill bo lM M t andar iatto rtt]r of an »et e t Contrae« (kaown »a

"Raconstraatloa yisaaoe Corporation i r t * ) approrad Ik n u ir 88. 1988, ae «assistei «od
aapplenwtad, wMoh pwwldaa tb»t tha seta» « b a ll ba f t f llf «ad anaoadltlonally
guarantaad botb *» to la ta ra a t «ad prlaolpal by tba S a lta i Stata» aad aach guaranty
•hall ba «xpraaead oa tha faoa tharaof ; aad th at thajr «hall ba emmpt both a» to

se{aortaxaa

prlM lpal «ad lataraat fresa a l l taxatlon
* 1«

taxae) aow or haroaftar iapoaad by tha Oaltad Stata«, by aay T arrltory, dapwtd-

aaay, or poaaaaalaa tharaof, or by aay S ta ta , aoaaty, ■ an ielp allty , o r loaal tarine
aothorlty.

thaaa aotaa a l a li ba lawful laraatsaata, aad aay ba aaaaptad aa »acarity,

fo r a l l flduelary, t n « t , «ad c ib ila fluida tha laraataant or dapealt e t «hleh ahaU
ba «»dar tha aothorlty or oontrol of tha United stata» o r aay o ffic a r or offloara

fi# aat borlaing oot ftirtfaor prorldo» tb&t Ìm Ife« »w ö t thè Boeo&ot fuot io®
1

rimate« corporation iteli te t m E i to pur

dwaond, wbon duo, tbo prinoipal of

or intoroot oa noto» iomiod by it, tbo Soorotary of tte

oboli poy tbo

«aaoeat tfcoroof, wbieb io awtberiiod to bo appropriato*, « I of «ay moianr» i» tbo
Troa«nry aot othorwi«« appropriato*, and tboroupo® to tbo wt«nt of tbo oaan&to *°
paia tbo Soorotary of tbo Trwaouiy «ball oueoood to oli tbo rlgbti of tbo holder®

o f «uoh noto»«
4 * tbo noto* w ill bo aeooptablo to soouro dopoilt* o f publio a»aoy«, bat w ill
aot boar tbo olroulatioo privi!ago*
S.

Bearor noto« wltb intoroot ©cnpon» attaabod w ill bo iooood la doaoaiaatioao

of 11*000, |S,000, #10,000 and #100,000» I t e noto» w ill not bo teina* la roglotorod
fora»
n i.

StJBSCHOTICt! àM H H M f

x, Subaerlptioaa w ill ba reaalwad a t tha fadarai Roaerr» baaka «ad branahaa aaä

8 S00 HST 8 B w j < *

f/8

raums

P I B C ® T H O T ® OF S H H U S

Datai«ad

P,

oohporaìxch

DOS H O T O S W 8 1* XHtt

teatri*« lntarta« f w » Horaatear 1, 1988

HJtXT AITO QHCCKPITiCXtLLT OOa H a HTBED B0*B *8 TO H H H H S V AMD PBIMOTP a J. H

® S UNITED

8*i*pS botb ae to pria si p&ì and tuta ras t f rota all
(w o t p t anrtaxee » astate*
Iliadi*itane a, and gift taxeii) a©» er bereafter iiapoaed by tba t3falt©d States* by
any ferritory* depcndeney, or posseesion thareof, ©ir by any Stata* oounty*
anale lpality* or locai taxi»« «sifcarity

1938
Bcpartnent Ciraular Ho* 597

tossir OTjjmwr*

om o a ©f tba Saaratary,
Washington, Ootobar £4* 1938

fublla Bebt Serrice
i # o ffro n o o f t o r o * hd ijt n t m c B fo t
1.

w h j ®rs

ffee Seeretary af tba Treaaury* ©a bebalf af f i Beoonatraetloo finanee

Corporation* iarites subacrtptiona* at par* fresa tba peaple o f tb* Oalted Stata©
far notes of tba Reooa struo tloa finanee Corporation » designate© f/i pareaat notaa
ef Serica f *
£«

fisa Saaratary of tba Traaaury, ©a babalf ef tba Beeoaetruotioa finanea

Corporation* affare t© purobesa c© Baranber 1, 1988« et par and aaaruad intaraat*
tba outatandina notaa et tbe Carporation declinate© Sariaa K» maturine Deeeaber 18
1938, t© tba extcnt t© itile* tba boldere tbcreof aubacribc t© tba iaaua ©f Serica P
notaa bereuwter. fenderà ©f Serica X notaa far tbet pnrpeec «re larite©.
3.

me mmnt ©f tba afferim« ©f Serica f notaa andar tble eireuUr *111 bc

United to thè «»©uni ©f Serica E notea tenderad far purafeaaa in aeeorda»©© barca!ibi

1. tba nata« will be dai
data et ti» rata ©f 7/8 pare«
bar 1 In eaefe yaar until tba

Sub script ions vili ^

raeairad at tha Fadaral I « i t m hank* and branche*

«ad ai ili* fr*a*ury Dopar tmant, Washington; thajr aiXI noi he raeairad at tha
Beeonatruction fioaiiot Corpor&tio»«

Bahkrl»« iBititutioii C®nar&lXjr nay

mit »ubscription* for aacaunt af cu*tonar** but only thè Federai laaerve

inmpyf

m^4 tha fraasury Shtpartmant are authoriaed to aot a* officiai arancia*.

Subscriptions should he accorapanicd ty a Xifca faca anount of nota« of Saries I
tandarad far purchaa*, thè priaeipal procaad* af whioh «ili he applied to
payment far Sarta* F nota«*

Hata* of Sarta* X sa tandarad ®»*t bare thè

coupon maturi»« Decomber 18, 1938 attached and accruad iatara»t from Juna 18
ta Xorembar 1, 1938* atout $5.70 far $1,000, will he paid to tha «ubacrlbar
folloni»« accaptaaca af tha nata*.
fha right i* ra*arrad ta d o s e tha hook* a* ta aay ar all *nb*criptie»a
or al«*««* af «utaariptioas at aay timo withaut noti©*.

Shhjaet to tha raaar-

rat tona «at farth in tha affiatai circolar all anhacriptioaa will ha allotted
i» full.
Atout $298,973,000 Sarta* X nata* af tha leeonetruetian Tin&nca Corpora­
tion will matura Daeambar 18, 1938.

Tha pra*ant affari»« affonda tha holdar*

of tha*a note* a» opportunità ta acquira ofcher nata* af tha Corparatia».
nota* of Sarta* X »at no* tandarad will ha paid in «a*h whaa thay satura.
The taxt af tha officiai ©incular follo***

h V

m S â S l E f DBPAHÏMSHT
V«t«hia|l0 B

FOB « A S »

mUMM WW8PJ&m$,

Wmm mrwim q

Mo M sr». P r t a t e U & i J k g & s _______

*o.

/ 5

10-22-38

Sii« Secret&ry of the freasury, on behalf of tînt Bacons tract ion Finance
Corporation» today announeed the plan for refinancing the out standing notes
of Ssrlss X of ttto Corporation aaturlng Decomber 15» 1938 through offering
for subsoriptlon, at par» through thè Foderai Beserve bazücs, notes of the
Corporation, designated 7/8 percent notes of Sortes F» and at fòe some tino
offering to purch&se on Jforeaber 1» 1938» at par and aocrned interest» the
out standing notes of Sortes X» maturine Decomber 15» 1938 to the entent the
helders ef such maturing notes subsoribe fer the non notes*

The aaeunt ef

the présent offering ef notes ef Sortes F olii bs United to the anount ef
Sortes X notes tendered fer purchass*
The notas ef Sortes F no« offered will be dated Xovenbsr 1» 1938» and
vili bear interest frora that date at the rate ef 7/8 percent per annua payable
semiannuali/.

Fhey vili nature on XoToabor 1* 1941, and vili not be subject

to oall for rédaction prior to naturity.

ïhey vili ba issued only in bearor

fora vith coupons attached» in denominai ions of $1,000, $5,000» $10,000 and
$100,000.
thè noto« vili be fnlly and uncond it ionally guaranteed both as to Interest
and principal by the ünited States*

fhey vili be exempt both ae te principal

and Interest fron ail taxation (except surtaxes, estate, inheritance, and glft
taxes) nov or hersaftsr ispossd by the United States, by any fsrritory, dspsndency, or possession thereof, or by any Stato» county, manieipallty» or local
taxing authority.

TREASURY DEPARTMENT
Washington
FOR RELEASE, MORNING- NEWSPAPERS,
Monday, October 24, 1938.______
10/22/38.

Press Service
Eo. 15-4

The Secretary of the Treasury, on "behalf of the Reconstruction Finance
Corporation, today announced the plan for refinancing the outstanding notes
of Series K of the Corporation maturing December 15, 1938, through offering
for subscription, at par, through the Federal Reserve banks, notes of the
Corporation, designated 7/8 percent notes of Series P, and at the same time
offering to purchase on November 1, 1938, at par and accrued interest, the
outstanding notes of Series K, maturing December 15, 1938, to the extent the
holders of such maturing notes subscribe for the now notes.

The amount of

the present offering of notes of Series P will be limited to the amount of
Series K notes tendered for purchase.
The notes of Serios P now offered will be dated November 1, 1938, and
will bear interest from that date at the rate of 7/8 percent per annum payable
semiannually.

They will mature on November 1, 1941, and will not be subject

to call for redemption prior to maturity.

They will be issued only in bearer

form with coupons attached, in denominations of $1,000, $5,000, $10,000 and
$1 0 0 , 0 0 0 .

The notes will be fully and unconditionally guaranteed both as to inter­
est and principal by the United Stages.

They will be exempt both as to prin­

cipal and interest from all taxation (except surtaxes, estate, inheritance»
and gift taxes) now or hereafter imposed by the United States, by any Terri­
tory, dependency, or possession thereof, or by any State, county, municipality,
or local taxing authority.

1

-

2

-

Subscriptions will be received at the Federal Reserve banks and branches
and at the Treasury Department, Washington; they will not bo received at the
Reconstruction Finance Corporation.

Banking institutions generally may sub­

mit subscriptions for excount of customers, but only the Federal Reserve banks
and the Treasury Department are authorized to act as official agencies.

Sub­

scriptions should be accompanied by a like face amount of notes of Series K
tendered for purchase, the principal proceeds of which will be applied, to pay­
ment for Series P notes.

Notes of Series K so tendered must have the coupon

maturing December 15, 1338, attached and accrued interest from June 15 to
November 1, 1938, about $5.70 for $1,000, will be paid to the subscriber
following acceptance of the notes.
The right is reserved to close the books as to any or all subscriptions
or classes of subscriptions at any time without notice.

Subject to the reser­

vations set forth in the official circular all subscriptions will be allotted
in full.
About $298,972,000 Series K notes of the Reconstruction Finance Corpor­
ation will nature December 15, 1938.

The present offering affords the holders

of these notes an opportunity to acquire other notes of the Corporation.
notes of Series K not now tendered will be paid in cash when they mature.
The text of the official circular follows:

Any

RECONSTRUCTION FINANCE CORPORATION
7/8 PERCENT NOTES OF SERIES P, DUE NOVEMBER 1, 1941
Dated and bearing interest from November 1, 1938
FULLY AND UNCONDITIONALLY GUARANTEED BOTH AS TO INTEREST AND PRINCIPAL BY THE
UNITED STATES, WHICH GUARANTY IS EXPRESSED ON THE FACE OF EACH NOTE

Exempt both as to principal and interest from all taxation (except surtaxes,
estate, inheritance, and gift taxes) now or hereafter imposed by the United
States, by any Territory, dependency, or possession thereof, or by any State,
county, municipality, or local taxing authority.

1938
'
Department Circular No* 597
___
Public Debt Service
I|
1.

TREASURY DEPARTMENT,
Office of the Secretary,
Washington, October 24, 1938*

OFFERING OF NOTES AND INVITATION FOR TENDERS

The Secretary of the Treasury, on behalf of the Reconstruction Finance

Corporation, invites subscriptions, at par, from the people of the United States
for notes of the Reconstruction Finance Corporation, designated 7/8 percent notes
of Series P.
2*

The Secretary of the Treasury, on behalf of the Reconstruction Finance

Corporation, offers to purchase on November 1, 1938, at par and accrued interest,
the outstanding notes of the Corporation designated Series K, maturing December
15, 1938, to the extent to which the holders thereof subscribe to the issue of
Series P notes hereunder*
3*

Tenders of Series K notes for that purpose are invited

The amount of the offering of Series P notes under this circular will be

limited to the amount of Series K notes tendered for purchase in accordance here­
with.
II.
1.

DESCRIPTION OF NOTES

The notes will be dated November 1, 1938, and will bear interest from

that date at the rate of 7/8 percent per annum, payable semiannually on May 1
and November 1 in each year until the principal amount becomes payable. They will

- 2 «
mature November 1, 1941, and. will not be subject to call for redemption prior to
maturity.
2,

The notes will be issued under authority of an act of Congress (known

as '‘Reconstruction Finance Corporation Act") approved January 22, 1932» as amend—
ed and supplemented, which provides that the notes shall be fullyand uncondition­
ally guaranteed both as to interest and principal by the United States and such
guaranty shall be expressed on the fa.ee thereof; and that they shall be exempt
both as to principal and interest from all taxation (except surtaxes, estate»
inheritance, and gift taxes) now or hereafter imposed by the United States, by
any Territory, dependency, or possession thereof, or by any State, county,
municipality, or local taxing authority.

These notc\s shall be lawful investments»

and may be accepted as security, for all fiduciary, trust, and public funds the
investment or deposit of which shall be under the authority or control of the
United States or any officer or -officers thereof.
3.

The authorizing act further provides that in the event the Reconstruc­

tion Finance Corporation shall be unable to pay upon demand, when due, the prin­
cipal of or interest-on notes issued by it, the Secretary of the Treasury shall
pay the amount thereof, which is authorized to be appropriated, out of any moneys
in the Treasury not otherwise appropriated, and thereupon to the extent of the
amounts so paid the Secretary of the Treasury shall succeed to all the rights
of the holders of such notes.
4.

The notes will be acceptable to secure deposits of public moneys, but

will not beau the circulation privilege.
5.

Bearer notes with interest coupons attached will be issued in denomina­

tions of. $1,000, $5,000, $10,000 and' $100,000.

The notes will not be issued in

registered form*
III.
1.

SUBSCRIPTION AND ALLOTMENT

Subscriptions will be received at the Federal Reserve banks and branches

- 3 and at the Treasury Department, Washington, and should be accompanied by notes
of Series K tendered for purchase, to a par amount equal to the par amount of
notes of Series P subscribed for.

Banking institutions generally may submit

subscriptions for account of customers, but only the federal Reserve banks and
the Treasury Department are authorized to act as official agencies.

The

Secretary of the Treasury reserves the right to close the books as to any or all
subscriptions or classes of subscriptions at any time without notice.
2.

The Secretary of the Treasury reserves the right to reject any subscrip­

tion, in whole or in part, to allot less than the amount of notes applied for»
to make allotments in full upon applications for smaller amounts and to make
reduced allotments upon, or to reject, applications for larger amounts, or to
adopt any or ail of said methods or such other methods of allotment and classi­
fication of allotments as shall be deemed by him to be in the public interest?
and his action in any or all of these respects shall be final.
reservations, all subscriptions will be allotted in full.

Subject to these

Allotment notices

will be sent out promptly upon allotment.
IY.
1.

PAYMENT

Payment at par for notes subscribed for hereunder must be made on or

before November 1, 1938, or on later allotment.

Notes of Series K tendered for

purchase must have coupons dated December 15, 1938, attached, and payment will
be made at par and accrued interest to November 1, 1938.
of the Series

The principal proceeds

K notes will be applied in payment of the Series P notes, and

accrued interest from June 15, 1938, to November 1, 1938, on Series K notes
($5.696721 per $1,000) will be paid following acceptance of the notes.
V.
1.

GENERAL PROVISIONS

As fiscal agents of the United States, Federal Reserve baiks are

authorized and requested to receive subscriptions, to make allotments on the

4 basis and up to the amounts indicated by the Secretary of the Treasury to the
Federal Reserve banks of the respective districts, to issue allotment notices,
to receive payment for notes allotted', to make delivery of notes on full-paid
subscriptions allotted,.and they may issue interim receipts pending delivery
of the definitive notes.
2.

The Secretary of the Treasury may at any time, or from time to time,

prescribe supplemental or amendatory rules and regulations governing the offering,
which will be communicated promptly to the Federal Reserve banks.

HENRY MORGENTHAU, JR. ,
Secretary of the Treasury.

JUJb. fò"

7^
|p-v^-T^O-/~a-g

(P^2^

Treasury Department
Division of Monetary Research
1938

MR. WHITE
Branch 2058 - Room 200

Mr. Bartelt
Mr. Bell
Mr. Bernstein
Miss Chatfield
Miss Chauncey
Mr* Chevraux
Mr. Collins
Mrs. Farrell
Mrs. Forbush
Mr. Gaston y
Mr. Gibbons
Mr. Haas
Mrs. Klotz
Mr, Martin
Mr. MoHugh
Mr. McReynolds
Mr. Morgenthau
Mr. 0*Daniel
Mr. Oliphant
Miss O ’Reilly
Mr. Pehle
Mrs. Sullivan
Mr. Taylor
Mr. Thompson
Mr. Upham
Mr* White

From:

MR. LOCHHEAD

T R E A S U R Y DEPARTMENT
WASHINGTON

October 20, 1938.

O F F IC E O F

D IR E C T O R O F T H E M IN T
IN REPLYING QUOTE INITIALS

Memorandum for Mr. Gaston:
Treasury Gold Receipts

if (Net)

(in millions of dollars)
July-Sept.
1938
Newly mined domestic - - - - - - - - - - - Imports - - - - - - - - - - - - - - - - - -

47.22
743*96

Miscellaneous (Secondary and other) - - - T o t a l ------------------------

5.25
796.43

Silver Receipts by United States Mints and Assay Offices
(Thousands of fine ounces)
Quarter
Aggregate
July-Sept, to Sept. 30
1938”
1938
Newly Mined domestic silver
(Executive Proclamation
December 21, 1933) - - - - Nationalized silver (Executive
Proclamation August 9, 1934)
Purchase Act silver (Act June
19, 1934) - ...........

15,762.2

235,713.4

113,032.9

58,579.4 1,411,633.0

TREASURY DEPARTMENT
Washington

Press Service
No.

FOR S M H M N ì à RELEASE,'
Thuy^éajin
ì»7^.

TREASURY GOLD RECEIPTS
(In millions of dollars, net)
July-Serpt ember
1938
Newly mined domestic - - - - - - - Imports- - — — — —

$

47.22

- - —

743*96

Miscellaneous (Secondary and other)—

5*25

------------- > ----------

$796.43

-oOoTREASURY SILVER RECEIPTS
"by United States Mints and Assay Offices
(Thousands of fine ounces)
Quarter
July-Sept.
1938

Aggregate
to Sept* 30
1938

Newly Mined domestic silver
(Executive Proclamation
December 21, 1933)------- 15,762.2

235,713.4

Nationalized silver (Exec­
utive Proclamation Aug­
ust 9, 1 9 3 4 ) --------------

113,032.9

Purchase Act silver (Act
June 19, 1934) ----------

—

58,579.4

1,411,633.0

TREASURY DEPARTMENT
Washington
FOR RELEASE, AFTERNOON NEWSPAPERS,
Monday, October 34, 1938._______
10/22/38.

Press Service
15-5

TREASURY GOLD RECEIPTS
(in millions of dollars, Net)
July-September
1938 ___
Newly mined domestic ~

- -r—

- - -

—

$ 47.22

Imports

743.96

Miscellaneous (Secondary and other) --- —

5.25

T o t a l ------------------- --------

$796.43

-oOo-

TREASURY SILVER RECEIPTS
by United States Mints and Assay Offices
(Thousands of fine ounces)
Quarter
July-Sept.
1938
Newly Mined domestic silver
(Executive Proclamation
December 21, 1933) ---------

15,762.2

235,713.4

—

113,032.9

Nationalized silver (Execu­
tive Proclamation August
9, 1 9 3 4 ) ----------------Purchase Act silver (Act June
19, 1934) -------------------

-oOo-

Aggregate
to Sept. 30
1938

58,579.4

1,411,633.0

a

TREASURY DEPARTMENT
U.S. COast Guard

I s -L
For Tuesday pin’s

As its tribute to the United States Navy
on Navy Day, the Coast Guard has ordered all units to "dress
ship” Thursday in whatever port they m a y be, it w a s announced
today at Headquarters

of the Service.

In the national capital, the Coast Guard will
contribute a demonstration of some of its activities to the
prog r a m arranged for the Washington Nav y Yard.
The 327-foot cutter BIBB from Norfolk, the
75-foot patrol boats CG-140 and CG-143 of the Borfolk
and J M B & a crew from

w

Coast Guard

Station at Lewes, Delaware, w i l l be at the Navy Yard.

The

BIBB will be open f or inspection by the public during the day
and its personnel w i l l engage in a number

of drills .dMRiiipnttac

The crews of the patrol boats will be m a t c h e d against

a shore

fofce of Marines in a sham battle and t h e station crew, under
command of Chief Boatswain H a r r y M. Derricks on, will hold beach
apparatus a n d capsize drills in the Anacostia river*

0 0 0 O 000

TREASURY DEPARTMENT
U. S. Coast Guard
Washington
POR RELEASE, AFTERNOON NEWSPAPERS,
Tuesday, October 25, 1938.
10/24/38.

Press Service
No. 15-6

As its tribute to the United States Navy on'Navy Day, the Coast
Guard has ordered all units to "dress ship" Thursday in whatever port
they may be, it wa.s announced today at Headquarters of the Service.
In the national capital, the Coast Guard will contribute a demon­
stration of some of its activities to the program arranged for the
Washington Navy Yard.
The 327-foot cutter BIBB from Norfolk, the 75-foot patrol boats
CG-140 and CG-143 of the Norfolk station and a

crew from the Coaxt Guard

Station at Lewes, Delaware, will be at the Navy Yard.

The BIBB will be

open for inspection by the public during the day and its personnel will
engage in a number of drills.

The crews of the patrol boats will be

matched against a shore force of Marines in a sham battle and the station
crew, under command of Chief Boatswain Harry M. Derrickson, will hold
beach apparatus end capsize drills in the Anacostia river.

0O 0 —

For immediate r e l e a s e

In a brief

ceremony in the

off ice of

Secr e t a r y M o r g e n t h a u , Preston Delano was inducted today as
a

Comptroller

of the Currency*
Mr, Delano w as appointed to the

office of Comptroller b y the President on September 23 but
requested time to dispose of pressing matters as Governor
of the Federal Home Loan Bank System before taking the oath
of office ard entering u p o n his n e w duties today*
Officers

of the f i n f i a i M M l s

B ureau

of the Comptroller of the Currency, of the Tre a s u r y Department
and of other Federal agencies with
activities attended the induction*
0 0 O 00

responsibilities in banking

TREASURY DEPARTMENT
Washington
FOR IMMEDIATE RELEASE,
Monday, October 24, 1938.

Press Service
No. 15-7

In a brief ceremony in the office of Secretary Morgenthau, Preston
Delano was inducted into office today as Comptroller of the Currency*
Mr. Delano was appointed to the office of Comptroller by the
President on September 23rd but requested time to dispose of pressing
matters as Governor of the Federal-Home Loan Bank System before taking
the oath of office and entering upon his new duties today.
Officers of the Bureau of the Comptroller of the Currency of the
Treasury Department and of other Federal agencies with responsibilities
in banking activities attended the induction.

TREàSUHJT » H W f
WASHINGTON
for r k u u s b , morbino m s m & W B ,
Tuea&ay. October 88. 1956.
10/SH/88

Press Servise

Secretary of thè Treasury Morgenthau amiounced last night tfcat thè
subscription books for thè eurrent offering of 7/8 percent note« of Serie» P
of thè Reconstructlon Finane* Corporation will dose et thè d o s e of business
Tuesday, October 88, et which timo thè offer to purebase Series K notes of
thè Corporation wlll terminate.
Subserlptlone eddrsssed to a Federai Reserve bank or braneh, or
to thè Treasury Department, and plaeed in thè mali before 18 o*clock midnight, Tuesday, October 88, «ili be eonsìdered ae havlng baen entered be­
fore thè olose of thè sub seription books.
Aanounoement of thè aaount of subserlptlone and thair divisi©*
among thè seversi Federai Reserve distriate «111 be mede later.

TREASURY DEPARTMENT
Washington
FOR RELEASE, MORNING- NEWSPAPERS,
Tuesday, October 25, 1938«
10/24/3ÌA
~

Press Service
No.
15-8

Secretary of the Treasury Morgenthau announced last night that the
subscription books for the current offering of 7/8 percent notes of
Series P of the Reconstruction Rinunce Corporation will close at the
close of business Tuesday, October 25, at which time the offer to pur­
chase Series K notes of the Corporation will terminate.
Subscriptions addressed to a Federal Reserve bank or branch, or to
the Treasury Department, and placed in the ma.il before 12 o ^ l o c k midnight,
Tuesday, October 25, vali be considered as having been entered before the
close of the subscription books.
Announcement of the amount of subscriptions and their division comong
the severed. Federal Reserve districts will be made later.

fsaum m m>mwm*§
Washington
fo i rklsass, m m m hkiïspapkrs,
Tuesday, October 85, 1930»

Press Servies

ÏO/84/38

tbs Secretary of the Treasury azmouneed isst evening that the
tenders for #100,000,000, or thereabouts, of 91-day Treasury bills, to
be dated October 26, 1938, and to mature January 25, 1939, which were
offered on October 21, were opened at the federal Reserve banks on
October 24,
The details of this issus are ee felloest
Total applied for
Total accepted

* #297 ,144,000
« 100 ,467,000

Range of accepted bidet
High
Ion

Average price

•

100 «

percent
» 99«992 Equivalent rate approximately 0«
0,026
99,994

(64 percent of the amount bid for at the low price was accepted)

TREASURY DEPARTMENT
Washington
FOR RELEASE, MORNING NEWSPAPERS,
Tuesday, October 25, 1938,_____
10/24/38.

Press Service
No. 15-9

The Secretary of the Treasury announced last evening that the tenders
for $100,000,000, or thereabouts, of 91-day Treasury hills, to he dated
October 26, 1938, and to mature January 25, 1939, which were offered on
October 21, were opened at the Federal Reserve banks on October 24.
The details of this issue are as follows:
Total applied for
Total accepted

—
-

$297,144,000
100,467,000

Range of accepted bids?
High
Low
Average price

-

100.
99.992
99.994

Equivalent rate approximately 0.032 percent
>»
«
»
0.026 ? f

(64 percent of the amount bid for at the low price was accepted)

-2-

Service, and James V. Bennett, Director of the Bureau of Prisons,
Also attending from Washington will be Stephen Olop, Senior Construction
Engineer of the Public Health Service, a^^Dpctc^ J• K. Fuller of
thei Prison^Bureau7®edical Service•

TREASURY DEPARTMENT
U. S. Public Health Service
Washington
FOR IMMEDIATE RELEASE
October 2¿, 1933

iSeooná of-thn F ^ 9 i*nl

VonmJv "^he

United States

Public Health Service Hospital for drug addicts^ at Fort Worth,
V*<v
Ç— JeefcvvA § ^ 4 ~
‘ *“ T ¿ c a i V w i i r b e T b f m m T ^ d e d l c a t ^ on October 287tfZr^
^ xjISc slcn^v
" T K ^<Xo ?o~msssw ♦*
<=»VAyv y ^ > agse^ Assistant Surgeon William F. Ossenfort was assigned
to duty as Medical Officer in«charge of the hospital in April of
this year.

Since that time with the aid of a skeleton staff^ he

has been actively engaged in equipping and preparing the hospital for
patients•

c
Built at a

covers 1400 acres.

cost of Nl| | ^ f ^ Q Q 0 7 0 ^ 6 , the institution
It includes

y

an jdministration building,

"%*r

a Clinical Ward building, a Maximum Custody Ward,personnel residences,
and maintenance structures.

A Prolonged Treatment building for the

more advanced cases of addiction will be ready in 1939*

About 300

beds^hav^ a.TTeadyjbeen set up for patients scheduled to occupy the
new jHBftquarters beginning the week following dedication.
oy
Comparable in function with the original M * w * # m * 6 w r at
/oJ~
u a a m V
Lexington, Kentucky, the new ¡ M p áémá differs somewhat in design
and arrangement.

Structurally, it has less emphasis placed on the

custodial features.

Artificial barriers such as bars, high gates,

and walls, and the inclosed court feature^ are less pronounced.
The dedication address will be made by S w g a a n C enenBi
Ji
áss
^ h a am T Parran, and talks are to be made by

Lawrence Kolb

in charge of the Division of Mental Hygiene of the Public Health

TREASURY DEPARTMENT
U. S. Public Health Service
Washington
FOR IMMEDIATE RELEASE,
Tuesday, October 25, 1938.

Press Service
^°* 15-10

The United States public Health Service Hospital for drug addicts
at Fort Worth, Texas — second such institution in the country — will be
formally dedicated on October 28, it was announced today by Surgeon General
Thomas Parran.
Passed Assistant Surgeon William F. Ossenfort was assigned to duty
as Medical Officer in Charge of the hospital in April of this year.

Since

that time, with the aid of a skeleton staff he has been actively engaged in
equipping and preparing the hospital for patients.
Built at a cost of approximately $4,000,000, the institution covers
1,400 acres*

It includes an Administration building, a Clinical Ward build­

ing, a Maximum Custody Ward, personnel residences, and maintenance structures.
A Prolonged Treatment building for the more advanced cases of addiction will
be ready in 1939.

About 300 beds already have been set up for patients

scheduled to occupy the new quarters beginning the week following dedication.
Comparable in function with the original hospital at Lexington,
Kentucky, the new unit differs somewhat in design and arrangement.
ly, it has less emphasis placed on the custodial features.

Structural«?

Artificial barrier#

such as bars, high gates, and walls, and the inclosed court feature are less
pronounced.
The dedication address will be made by Dr. Parran, and talks are to
be made by Assistant Surgeon General Lawrence Kolb, in charge of the Division
of Mental Hygiene of the Public Health Service, and James Y. Bennett, Director

2

of the Bureau of Prisons

of the Department of Justice.

Also attending

from Washington will be Stephen 01op? Senior Construction Engineer of
the Public Health Service, e.nd Dr. J. K. Puller of the Bureau of Prisons
Medical Service.

— 0 O 0—

-

Was he r e l u c t a n t o r e a g e r?
dose?

11

-

Was he alon e o r in company when he took h is f i r s t

Was he d ep ressed o r e l a te d b e fo re he to o k th e drug?

r e a c ti o n s t o th e f i r s t " s h o t”?
’’hooked”?

Did he g e t s ic k ?

What were h is

When d id he r e a l i z e he was

Was he f rig h te n e d a t th e p ro s p e c t o r p le a se d ?

An e n d le ss stream

o f s im ila r q u e stio n s may be propounded,
’’O bviously such an in te n s iv e stu dy cannot be made r o u t i n e l y ;
n or can i t be made in one s e s s io n w ith th e p a t i e n t .

T h e re fo re , a sm all

r e p r e s e n ta tiv e group should be s e le c t e d f o r s p e c i a l a t t e n t i o n , th e o b je c t
being t o see th e s u b je c ts a t fre q u e n t i n t e r v a l s , d a i ly i f p o s s i b le , u sin g
e v e ry t r i c k o f th e tra d e t o pump them dry o f in fo rm a tio n .

Somewhere in

th e l i v e s o f a d d ic ts th e r e must be a f o r k in th e road when th e y had th e
c h o ic e o f going t o th e l e f t o r r i g h t .

This f o r k in th e road was probably

reach ed b efo re th e y even though t o f u sin g d ru g s .

I f t h i s c r u c i a l p o in t,

and th e f a c t o r s which in flu e n ce d th e c h o ic e o f d i r e c t i o n can be u n covered ,
<NW

then we may be in a b e t t e r p o s itio n t o recommend p re v e n tiv e m easures even
though we may n o t be ab le t o do a ry th in g f o r v th e in d iv id u a ls a lre a d y
a d d i c t e d .”

* * -*

-

10

-

given tasks to complete, get three square meals a day, are provided with
entertainment, and so on. All this, of course, is part of the routine
treatment.
Some patients, however, need more than minimal rehabilitative
measures.
+

n

^

For instance, &7.2 percent of the present group received « w t

& MickjJ
min iihiiiiilniiiii ^n Till 11i f'TWi r 1111 111 11ni, principally for physical defects.

Practically all the patients were sorely in need of dental attention and
had either received it or were waiting their turn at the time this study was
inaugurated.

Slightly under 20 percent received psychiatric attention above

the routine requirements of the hospital.

Approximately 10 percent were

given occupational assignments primarily for the purpose of vocational
training.
’’The present investigation”, concludes Dr. Pescor, ’’may be
likened to an examination of a section of pathological tissue with the aid
of a magnifying glass.

It is better than simply looking at the specimen

with the naked eye, but certainly inferior to a microscopic scrutiny.

We

may turn a low-powered microscopic lens on the data by using such statistical
techniques as correlations, critical ratios, and the like.

This may point

out the sections of the field which deserve a more detailed examination under
a high-powered lens.

However, the latter procedure entails a more careful

preparation of the specimen— in the present instance, clinical data.

More

detailed information is necessary.
’’For example, it is not enough to know that the patient began using
drugs at the age of

2U

through association and curiosity.

he first heard about drugs.
he would like to try them?

Who told him about drugs?

We must know when

What made him think

Did some one urge him to take the fatal step?

- 9 -

(15)

Dental difficulty of a type peculiar to addicts was found

in practically every case 5 defective vision in almost half the cases$ joint,
bone, and cartilage diseases, and circulatory disturbances in more than onequarter,

Approximately two-thirds of the patients had minor defects which

would not interfere, however, with normal function or ability to perform
manual labor.
(16)

The computed average mental age of the patients was 13 years,

8 months which, on the basis of 1 5 as the average adult level of intelligence,

indicates the present subjects to be subnormal.
(17)

The majority of the patients in the present investigation

were classified as having ’’psychopathic diatheses”— care-free individuals
on the look-out for new excitements, sensations, and pleasures! about onefifth as individuals who become addicted through the use of drugs as a means
of sobering off after alcoholic sprees.
(18)

In proportion to the total number studied, the voluntary

patients were the least cooperative of all the subjects chiefly because of
their insistent demands for release against medical advice.

About one-quarter

showed no resentment against the rules and regulations, but did not go out
of their way to be of service•
able.

Only a few refused flatly to work, though

The majority, on the other hand, liked to work with and were accepted

by, their fellow patients.

Custodial officers estimated that about one-half

the individuals were normal, pleasant, and agreeable.
As a part of the rehabilitation program, all individuals with
active habits are first withdrawn from narcotic drugs.

Following that, they

are absorbed into the regular regime of the institution, assigned to quarters)

-

8

-

better off on drugs than they are on alcohol*
alcoholism and frowns upon drugs.

However, society condones

Hence these patients incur social dis­

approval despite greater industrial efficiency.
"While the war was responsible for some cases of addiction", he
adds, particularly those veterans who were shell-shocked or injured, it
was not a major factor in the addiction problem.”
(11)

An analysis of the data showed that 41.7 percent of the

individuals had no family history indicating familial disease or insanity.
Drug addiction occurred in other members of the family in 8.2 percent of the
cases, alcoholism in 19.1 percent.

Approximately 4-0 percent, however, had

an indication of tainted hereditary among their blood relatives.
(12)

The majority of the patients came from an intact home, but

a substantial minority gave a history of disruption of the home by the death
of one or both parents, or their separation.
discipline in the home.

About 40 percent admitted poor
\
j) **T~ /¡ñ .

Most of these homes, 4ruiic©nta3ily4 were in fair

economic circumstances.
(13)

According to the present findings, drug addicts were no

more likely to have a history of serious physical disabilities in childhood
than a comparable normal group.

However, the majority of them did give a

history of chronic illnesses, infectious diseases with complications, or
serious injuriés during adult years.
(14)

Although more than three-quarters of the patients denied

any history of mental disorders, unquestionably these occur much more fre­
quently than was indicated by the present findings.

A history of venereal

diseases was obtained in well over half the cases; therefore, it is safe to
assume that venereal diseases play a part in the etiology of addiction.

SBBSmu

- 7 -

was the eighth.

There was a proportion, however, of graduates of professional

schools, probably because physicians, pharmacists and dentists are in closer
proximity to drugs and hence are tempted more often to use narcotics.
(5)

The occupational distribution

revealed the highest concentra­

tion of cases in the domestic- and personal-service classifications— waiters,
porters, and the like.
group.

The smallest number occurred in the semi-skilled

The professional class was well represented, especially by physicians.
(6)

The majority of the individuals came from deteriorated sections

of the more densely populated localities of the country— that is, communities
of 10,000 or over.
(7)

The tendency toward marital failures among drug addicts,

previously studied by Kolb, was corraborated again; however, some other
factor besides addiction seemed to be responsible for the unsatisfactory
marital history of these cases.
(8)

Practically half of the married patients in the present study

had no children.

Thus, points out Dr. Pescor, if there is a hereditary pre­

disposition to drug addiction, then that trait should gradually disappear by
virtue of this failure to reproduce.
(9)

Something over a third of the patients gave a history of

chronic alcoholism previous to addiction, with its reoccurrence during
periods of abstinence from drugs.

About one—fifth of the number p r o f e s s e d

more than a sociable interest in gambling.
(10)

The majority of the patients made an acceptable social

adjustment prior to addiction, but not afterward.

A little more than a

third made an unsatisfactory adjustment both before and after.
«As a matter of fact”, says Pescor, «most of the alcoholics are

-

6

-

attention upon marihuana smokers will probably increase the number of arrests
for narcotic law offenses to a certain extent.

As a matter of fact, however,

in the present study, a trifle more than one-seventh of the patients gave no
history of conflicts with the law.

Their arrests, in order of frequency of

occurrence, turn out to be violation of drug laws, grand larceny, p'etty
larceny, gambling and intoxication, juvenile delinquency and, last, assault
and hold-up.

A full three-quarters of the patients had no delinquency record

prior to addiction.
Under the sub-heading of other personal data, are to be found a
number of statements of extreme interest to laymen as well as scientific
investigators•
(1)

The proportion of white patients to colored is almost ten to

one in the group studied.

Other races includfejjMexicans, Chinese, American

Indians, Japanese, in this order of frequency, follow.

More than three-

quarters of the subjects were native born of native parentage, and only
3.6 percent pere foreign born.

Therefore, the doctor concludes, drug addictioi

is practically confined to our native subjects as far as this investigation
is concerned.
(2)

The majority of the patients had religious training in

childhood but gave up church attendance as adults.

They apparently substi­

tuted a material opiate for the spiritual solace of religion.
(3)

The childhood adjustment was ostensibly normal in more than

half the cases; the remainder displayed such traits as incorrigibility,
truancy, juvenile delinquency, marked shyness, feelings of inferiority, and
similar characteristics.
(4.)

The educational attainments of the patients was more or less

comparable to that of the population at large— the average grade completed

- 5 -

they can do it now.

The unpleasant features of drug addiction are forgotten.

Many addicts insist that they can not feel normal unless they use drugs.
Still others maintain that physical dependence may be removed, but mental
dependence never,”
The antisocial history of the addicts in the present study was
second only to the history of their cases in prominence, obtained mainly
through the aid of several institutional officials.

Verified information

on this aspect was secured also from the Federal Bureau of Investigation,
court records, police blotters, probation officers, social service agencies,
and relatives.

Several interesting points are discussed under this section

of the bulletin.
The widespread popular belief, for example, that drug addiction
is conducive to the perpetration of violent crimes is again thoroughly
discredited.

Thr V ™ * 1'

tn TYrr

F n lh ls s rlnnr,1rm nnfti...ii s *

"Heroin owes its reputation as a
of having been introduced to the underworld addicts in the largest city of
the country shortly before the new narcotic laws forced these addicts on
the public attention.

In New York City, the center of heroin addiction, the

homicide rate has decreased during the past 12 years in the face of an
increase in the rate for the country as a whole and the rate for 28 represen­
tative cities is nearly double^, that of New York."
As far as violation of narcotic laws is concerned, drug addiction
is not a major problem in criminology, states Dr. Pescor.

Such violation,

in 1935 for example, accounted for only 0.9 percent of the total number of
arrests on any charge in cities of this country.

The recent focus of

The f i r s t group u se th e drug f o r th e euph oric e f f e c t , o r f e e li n g o f exaltatio n
t h a t i t g iv e s them; th e secon d , f o r th e a n a lg e s ic e f f e c t , o r to a l l e v i a t e pain
or d is tre s s .

^

*1 X

Morphine, a cco rd in g ic r Q fc JS t !^ ^ w a s th e f i r s t drug used by the
m a jo rity o f th e p a t i e n t s , w ith opium-smoking and th e u se o f h e ro in follow ing
c lo s e ly .

O ther drugs in d ic a te d were c o c a in e , m arihuana, h ash ish (genuine

In d ian hemp), pantopon, c o d e in e , and d ila u d id .
used o r t r i e d e v e ry form o f n a r c o t i c d ru g .

Two in d iv id u a ls had apparently

Morphine was found t o be th e drug

most l i k e l y f i r s t u se d , th e drug o f c h o i c e , and th e l a s t drug u s e d .

Opium-

smiiiking, by th o se in d u lgin g in t h i s form o f a d d ic tio n , i s co n sid ered a
”gentlem an’ s h a b i t ” .
Although th e av erag e p e rio d o f a d d ic tio n a t th e tim e o f admission
was about 12^ y e a r s , 5 p a t i e n t s co n fessed t o a d d ic tio n o f 4-0 y e a r s o r more
and one had used drugs co n tin u o u sly f o r 59 y e a r s w ith ou t a s in g le c u re either
v o lu n ta ry o r in v o lu n ta ry .
About t h r e e -q u a r t e r s o f th e number o f p a t ie n ts ad m itted p reviou s
a tte m p ts a t cu re a t one tim e o r a n o th e r, more th an h a l f o f th e s e having been
”j a i l house” c u r e s .

In g e n e r a l, i t i s shown in flu e n ce d c u re s a r e n o t as

e f f e c t i v e a s v o lu n ta ry , alm o st h a l f th e p a t ie n ts r e la p s in g in l e s s th an one
month a f t e r r e l e a s e .

These r e l a p s e s , a cco rd in g t o D r. P e s c o r , a r e explained

on p r a c t i c a l l y th e same b a s is a s th e i n i t i a l a d d ic tio n : r e tu r n to form er
a s s o c i a t e s and th e e f f o r t t o re c a p tu re th e b e g in n e r’ s t h r i l l , th e r e l i e f of
p h y s ic a l d is c o m f o r t, and f i n a l l y a lc o h o lis m .

A

”At th e l e a s t p h y s ic a l o r m ental d i s t r e s s ” , -sayd^Dr. P e s c o r ,
"th e f i r s t th ou gh t i s o f d ru g s .

When th e monotony o f norm al e x is te n c e

becomes u n b e a ra b le , drugs o f f e r an e s c a p e .

They d id in th e p a s t , therefore

- 3 -

business of making a living and rearing a family.
and an escape from uninteresting reality.

Drugs offer new thrills

Furthermore, drugs act as a

balance for those unfortunate individuals who, after they are cut adrift
from parental protection, are unable to decide upon a career or to Carve
a niche for themselves in the social structure.

This state of indecision

and dissatisfaction is bound to be reflected in emotional upsets which are
relieved, at least temporarily, by alcohol or drugs.”
The answer to the question, "Why did you take drugs?” still
«#%*#%***>
remains unan^wer^ir^^^Ke best that addicts can offer is a list of super­
ficial reasons or rationalizations.
The favorite answer for addiction in the present group was curiosity
and association with undesirable companions.

Next in the order of frequency

is the use of drugs for the relief of pain and physical distress, on the face
of it a more substantial excuse than mere curiosity.

Nevertheless, according

to the author, there are very few individuals who have an incurable, painful,
disease necessitating continuous administration of narcotic drugs.

Another

frequent rationalization is using ”shots” to sober up after alcoholic sprees
or to relieve hang-overs.

These shots, Dr. Pescor explains, are taken

closer and closer together until finally the drug displaces the alcohol and
the patient becomes a drug addict.
Relief of fatigue and the use of drugs as an antidote for environ­
mental stress and worry were other excuses offered for addiction.

Other

reasons given are sometimes humorous, more often pathetic.
Kolb, in Charge of the D iv is io n
of Mental Hygiene of the Public Health Service, divides drug addicts into
two general groups— pure dissipators and medically addicted individuals.

- 2

encounters.

Thus, for the purposes of the present study, it was found

necessary frequently to judge which history appeared to be the most accurate.
In answer to the question "When did you start using drugs?”, on an average
basis the answer was, ”$hen I was 27.53 years old.”

Approximately 8 d 0 o f

the present subjects were addicted after the establishment of the Harrison
Narcotic law in 1914.

Previous studies had set the age at almost 33«

A number of factors may be responsible for this downward trend
|| 1
in age,

Dr. P e s c o r ^ a ^ -u^ ^

*

Propaganda about the evils of drug addiction not only spreads
curiosity in place

a knowledge of its existence but may
^
of dreadj

JU

^
e F organization of drug dealers with more efficient methods

of procuring new habitues may be another factor. Economic unrest and lack
of occupational opportunity, with its attendant discouragement, is still
another possibility.

Or it may be simply another manifestation of the

increasing sophistication of the younger generation.”
Addiction may occur at any age— two of these cases began at 11,
and five became addicted at the age of 60 or over.

The heaviest concen­

tration of cases, however, was shown to be in the decade between 20 and 30
within which more than half the patients claimed they were first victimized.
$hile there was a substantial percentage of adolescents who yielded to the
temptation of using drugs, very vew individuals, as a matter of fact, became
addicted after the age of 50.

Therefore, the author concludes, drug addictionj

seems to be a greater potential danger to youthful individuals than to older
men.
«Youth”? he Says, "characteristically seeks adventure, excitement,
new thrills, anything but settling down with one partner to the hum-drum

Treasury 'Department
U. S. Public Health Service
Washington

FOR RELEASE,
Sunday« October 30, 1 9 M »

y

£T

New light on the causes and social significance of drug addiction
was revealed today in a bulletin by Dr* Michael J. Pescor, Passed Assistant
Surgeon, United States Public Health Service.
This study (Supplement #1A3, Public Health Reports) presents a
statistical analysis of the information contained in clinical records of
1,036 patients admitted for treatment of narcotic drug addiction to the
United States Public Health Service Hospital, Lexington, Kentucky, between
July

5T'patients undergoing such treatment are

prisoners; the rest, probationers and voluntaries.

The latter enter the

hospital of their own free will and may leave whenever they please, but
are urged to stay a minimum of six months.

Probationers must remain until

pronounced cured of addiction by the hospital staff— usually about nine
months.
v

Prisoners, of course, have definite sentences to serve.
The findings in this report may be clouded to some extent by

certain sources of error, according to the author, principally the personal
nature of some of the information; but while these errors may invalidate
accurate statistical measurements, they probably do not obscure directional
tendencies.
In these studies the case history of each patient*s addiction is
accorded great prominence.
to institutional officials.

Therefore, it must be repeated several times
As a result, variations frequently are found

even in the patients own story as told to the half dozen officials he

TREASURY DEPARTMENT
U.S. Public Health Service
Washington
FOR RELEASE, MORNING NEWSPAPERS,
Sunday, October 30, 1938.
10-27-38

Press Service
No. 15-11

New light on the causes and social significance of drug addiction was
revealed today in a bulletin by Dr. .Michael J. Pescor, Passed Assistant Surgeon,
United States Public Health Service,
This study (Supplement #143, Public Health Reports) presents a statisti­
cal analysis of the information contained in clinical records of 1,036 patients
admitted for treatment of narcotic drug addiction to the United States Public
Health Service Hospital, Lexington, Kentucky, between July 1, 1936, and the
same date of 1937*
The majority of patients undergoing such treatment e.re prisoners; the
rest, probationers and voluntaries.

The latter enter the hospital of their own

i

free will and may leave whenever they please, but are urged to stay a minimum
of six months*

Probationers must remain until pronounced cured of addiction by

the hospital staff —

usually about nine months.

Prisoners, of course, have

definite sentences to serve.
The findings in this report may be clouded to some extent by certain
sources of error, according to the author, principally the personal nature of
some of the information; but while these errors may invalidate accurate statis­
tical measurements, they probably do not obscure directional tendencies.
In these studies the case history of each patient's addiction is accorded
great prominence.
officials.

Therefore, it must be repeated several times to institutional

As a result, variations frequently are found even in thepatient*s

own story as told to the half dozen officials he encounters.

Thus, for the

purposes of the present study, it was found necessary frequently to judge which
history appeared to be the most accurate.

In answer to the. question "When did

- 2 -

you start using drugs!», o n :an average basis the answer was, »When I was 27.53
years old.»

Approximately 80 per cent of the present -subjects were addicted

after the establishment of the Harrison Narcotic law in 1914.

Previous studies

had set the age at almost 33.
A number of factors may be responsible for this downward trend in age,
Dr. Pescor pointed out.
»Propaganda about the evils of drug addiction not only spreads a
knowledge of its existence but may develop curiosity in place of dread,» he
said.

»Better organization of drug dealers with more efficient methods of pro­

curing new habitues may be another faotor.

Economic unrest and lack of occupa­

tional opportunity, with its attendant discouragement, is still another possi­
bility.

Or it may be sinply another manifestation of the increasing sophisti­

cation of the younger generation.»
Addiction may occur at any age —

two of these cases began at 11, and

five became addicted at the age of 60 or over*

The heaviest concentration of

cases, however, was shown to be in the decade between 20 and 30 within which
more than half the patients claimed they were first victimized.

While there

was a substantial percentage of adolescents who yielded to the temptation of
using drugs, very few individuals, as a matter of fact, became addicted after
the age of 50*

Therefore, the author concludes, drug addiction seems to be a

greater potential danger to youthful individuals tnan to older men.
»Youth,» he ways, »characteristically seeks adventure, excitement, new
thrills, anything but settling down with one partner to the humdrum business of
making a living and rearing a family.
uninteresting reality.

Drugs offer new thrills and an escape from

IMrthermore, drugs act as a balance for those unfortunate

individuals who, after they are cut adrift from parental protection, are unable
to decide upon a career or to carve a niche for themselves in the social struc­
ture.

This state of indecision and dissatisfaction is bound to be reflected in

3

emotional upsets which are relieved, at least temporarily, by alcohol or drugs*”
The answer to the question, ■”Why did you take drugs?” still remains un­
disclosed. The best that addicts can offer is a list of superficial reasons or
rationalizations*
The favorite answer for addiction in the present group was curiosity and
association with undesirable companions.

Next in the order of frequency is the

use of drugs for the relief of pain and physical distress, on the face of it a
more substantial excuse than mere curiosity.

Nevertheless, according to the

author, there arc very few individuals, who have an incurable, painful, disease
necessitating continuous administration of narcotic drugs.

Another frequent

rationalization is using 11shots” to sober up after alcoholic sprees or to re­
lieve hang-overs.

These shots, Dr. Pescor explains, are taken closer and closer

together until finally the drug displaces the alcohol and tho patient becomes
a drug addict.
Relief of fatigue and the use of drugs as an antidote for environmental
stress and worry were other excuses offered for addiction.

Other reasons given

are sometimes humorous, more often pathetic.
Assistant Surgeon General Lawrence Kolb, in Charge of the Division of
Mental Hygiene of the Public Health Service, divides drug addicts into two
general groups —

pure dissipators and medically addicted individuals. The'

first group use the drug for the euphoric effect, or feeling of exaltation
that it gives them; the second, for the analgesic effect, or to alleviate pain
or distress.
Morphine, according to Dr. Pescor!s study, was the first drug used by the
majority of the patients, with opium-smoking and the use of heroin following
closely.

Other drugs indicated were cocaine, marihuana, hashish (genuine

Indian hemp), pantopon, codeine, and dilaudid.

Two individuals had apparently

- 4 -

used or tried every form of narcotic drug.

Morphine was found to he the drug

most likely first used, the drug of choice, and the last drug used. Opium-smoking,
hy those indulging in this form of addiction, is considered a ’’gentleman’s habit”.
Although the average period of addiction at the time of admission was
about 12-g- years, 5 patients confessed to addiction of 40 years or more and one
had used drugs continuously for 59 years without a single cure either voluntary
or involuntary.
About three-quarters of the number of patients admitted previous attempts
at cure at one time or another, more than half of these having been "jail house”
cures.

In general, it is shown influenced cures are not as effective as volun­

tary, almost half the patients relapsing in less than one month after release.
These relapses, according to Dr. Pescor, are explained on practically the same
basis as the initial addiction:

return to former associates and the effort to

rocapture the .beginner’s thrill,

the relief of physical discomfort, and finally

alcoholism.
"At the least physical or mental distress,” said Dr. Pescor, "the first
thought is of drugs.
drugs offer on escape.

When the monotony of normal existence becomes unbearable,
They did in the past, therefore, they con do it now*

The unpleasant features of drug addiction are forgotten.
that they can not feel normal unless they use drugs.

Many addicts insist

Still others maintain that

physical dependence may be removed, but mental dependence never.”
The antisocial history of the addicts in the present study was second only
to the history of their canes in prominence, obtained mainly through the aid of
several institutional officials.

Verified information on this aspect was secured

also from the Federal Bureau of Investigation, court records, police blotters,
probation officers, social service agencies, and relatives.
points are discussed under this section of the bulletin.

Several interesting

- 5 -

The widespread popular belief, fdr example, that drug addiction is con­
ducive to the perpetration of violent crimes is again thoroughly discredited.
"Heroin owes its reputation as a crime producer," says the study, "to
the accident of having been introduced to the underworld addicts in the largest
city of the country shortly before the new narcotic laws forced these addicts on
the public attention.

In New York City, the center of heroin addiction, the

homicide rate has decreased during the past 13 years in the face of an increase
in the rate for the country as a whole and the rate for 28 representative cities
is nearly double-

that of New York. "

As far as violation of narcotic laws is concerned, drug addiction is not
a major problem in criminology, states Dr. Pescor.

Such violation, in 1935 for

example, accounted for only 0.9 percent of the total number of arrests on any
charge in cities of this country.

The recent focus of attention upon marihuana

smokers will probably increase the number of arrests for narcotic law offenses
to a certain extent.

As a matter of fact, however, in the present study, a

trifle more than one— seventh of the patients gave no history of conflicts with
the law,

Their arrests, in order of frequency of occurrence,

turn out to be

violation of drug laws, grand larceny, petty larceny, gambling and intoxication,
juvenile delinquency and, last, assault and hold-up.

A full three-quarters of

the patients had no delinquency record prior to addiction.
Under the sub— heading of other pe rsonal data., are to be found a number
of statements of extreme interest to laymen as well as scientific investigators,
(l)
the group studied.

The proportion of white patients to colored is almost ten to one in
Other races including Mexicans, Chinese, American Indians,

Japanese, in this order of frequency, follow:

More than three-quarters of the

subjects were native born of native parentage,' and only 3.6 percent were foreign
born.

Therefore, the doctor concludes, drug addiction is pra.ctically confined

- 6 ~

to our native subjects as far as this investigation is concerned.
(2)

The majority of the patients had religious training in childhood

"but gave up church attendance as adults.

They apparently substituted a mater­

ial opiate for the spiritual solace of religion.
(3 )

The childhood adjustment was ostensibly normal in more than half

the cases;

the remainder displayed such traits as incorrigibility,.truancy,

juvenile delinquency, marked shyness, feelings of inferiority,, and similar
characteristics*

(**) The educational attainments of the patients wa,s more or less con>parable to that of the population at large— the average grade completed was
the eighth.

There was a proportion, however, of graduates of professional

schools, probably because physicians, pharmacists and dentists arc in closer
proximity to drugs and hence are tempted more often to use narcotics.
(5)

The occupational distribution revealed the highest concentration

of cases in the domestic and personal service classifications —
porters, end the like.

The smallest number occurred in the semi-skilled group.

The professional class was well represented,
(6)

waiters,

especially by physicians.

The majority of the individuals came from deteriorated sections

of the more densely populated locodities of the country— that is, communities
of 10,000 or more,
(7)

The tendency toward marital failures among drug addicts, previously

studied by Kolb, was corroborated again;

however,

some other factor besides

addiction seemed to be responsible for the unsatisfactory marital history of
these cases.
(8)
no children,

Practically half of the married patients in the present study had
Thus, points out Dr. Pescor, if there is a hereditary pro-

disposition to drug addiction, then that trait should gradually disappear by
virtue of this failure to reproduce.

7

(9)

Something over a third of the patients gave a history of chronic

alcoholism previous to addiction, with its reoccurrence during periods of ab­
stinence from drugs.

About one-fifth of the number professed more than a

sociable interest in gambling.
(10)

The majority of the patients made an acceptable social adjustment

prior to addiction, but not afterward.

A little more than a third made an un­

satisfactory adjustment both before and after*
"As a matter of fact," says Pescor,
off on drugs than they are on alcohol.
and frowns upon drugs.

"most of the alcoholics are better

However,

society condones alcoholism

Hence these patients incur social disapproval despite

greater industrial efficiency.
"While the war was responsible for some cases of addiction", he adds,
"particular!?/ those veterans who were shell-shocked or injured, it was not a
major factor(in the addiction problem."
(11)

An analysis of the data showed that 41.7 percent of the individuals

had no family history indicating familial disease or insanity.

Drug addiction

occurred in other members of the family in 8.2 percent of the cases, alcoholism
in 19.1 percent.

Approximately 4-0 percent, however, had an indication of tainted

heredity among their blood relatives.
(12)

The majority of the patients came from an intact home, but a sub­

stantial minority gave a history of disruption of the home by the death of one
or both parents, or their separation.
in the home.

About 40 percent admitted poor discipline

Most of these homes, incidentally, were in fair economic circum­

stances.
(13)

According to the present findings, drug addicts were no more likely

to have a history of serious physical disabilities in childhood than a comparable
normal group.

However, the majority of them did give a history of chronic ill­

nesses, infectious diseases with complications, pr serious injuries during adul
years.

(14)

Although more than three-quarters of the patients denied any

history of mental disorders, unquestionably those occur much more frequently
than was indicated by the prosent findings.
was obtained in well over half the cases;

A history of venereal diseases
therefore, it is safe to assume

that venereal diseases play a part in the etiology of addiction.
(15)

Dental difficulty of a type peculiar to addicts was found in

practically every case;

defective vision in almost half the cases; joint, bone,

and cartilage diseases, and circulatory disturbances in more than one-quarter.
Approximately two-thirds of the patients had minor defects which would not in­
terfere, however, with normal function or ability to perform manual labor.
(16)

The computed average mental age of the patients was 13 years, 8

months, which, on the basis of 15 as the average adult level of intelligence,
indicates the present subjects to be subnormal.
(17)

'The majority of the patients in the present investigation were

classified as having "psychopathic

diatheses" -care-free individuals on the

look-out for new excitements, sensations, and pleasures; about one-fifth as
individuals who become addicted through the use of drugs as a moans of sobering
off ofter alcoholic sprees.
(18)

In proportion to the total number studied, the voluntary patients

were the least cooperative of call the subjects chiefly because of their insistent
demands for release against medical advice.

About one-quarter showed no resent­

ment against the rules and regulations, but did not go out of their way to be
of service.

Only a few refused flatly to work, though able.

The majority, on,

the other hand, liked to work with and were accepted by, their fellow patients*
Custodial officers estimated that about one-half the individuals were normal,
pleasant, and agreeable.

- 9 «

As a part of the rehabilitation program, all individuals with active
habits are first withdrawn from narcotic drugs.

Following that, they are

absorbed into the regular regime of the institution, assigned to quarters,
given tasks to complete, get three square meals a day, are provided with en­
tertainment, and so on.

All this, of course, is part of the routine treatment.

Some patients, however, need more than minimal rehabilitative measures,
for instance, 87.2 percent of the present group received such attention, prin­
cipally for physical defects.

Practically all the patients were sorely in

need of dental attention and had either received it or were waiting their turn
at the time this study was inaugurated.

Slightly under 20 percent received

psychiatric attention above the routine requirements of the hospital.

Approx­

imately 10 percent were given occupational assignments primarily for the purpose
of vocational training.
"The present investigation," concludes Dr. Pescor,

"may be likened

to

an examination of a section of pathological tissue with the aid of a magnifying
glass.

It is better than simply looking at the specimen with the naked eye,

tut certainly inferior to a microscopic scrutiny.

We may turn a low-powered

microscopic lens on the data by using such statistical techniques as correla­
tions, critical radios, and the like.

This may point out the sections of the

field which deserve a more detailed examination under a high-powered lens.
However, the latter procedure entails a more careful preparation of the speci­
men— in the present instance, clinical data.

More detailed information is

necessary."For example, it is not enough to know that the patient began using
hrugs at the age of 2 4 through association and curiosity.
he first heard about drugs.

Who told him about drugs?,

We must know when
What made him think

-

step?

10

-

he would like to try then?

Did some one urge him to take the fatal

Wa,s he reluctant or eager?

Was he alone- or in company when he took

his first dose?

Was he depressed or elated before he took the drug?

were his reactions to the first ’’shot'*?
he was "hooked"?

Did he get sick?

What

When did he realize

Was he frightened at the prospect or pleased?

An endless

stream of similar questions may he propounded.
"Obviously such an intensive study cannot bo made routinely?
it be made in one session with the patient.

nor can

Therefore, a small representative

group should be selected for special attention, the object being to see the
subjects -at frequent intervals, daily if possible, using every trick of the
trade to pump them dry of information.

Somewhere in the lives of addicts

there must be a. fork in the road when they had the choice of going to the left
or right.

This fork in the road was probably reached before they even thought

of using drugs.

If this crucial point, and the factors which influenced the

choice of direction, can be uncovered, then we may be in a, better position to
recommend preventive measures even though we may not be able to do anything
for the individuals already addicted."

— 0 O 0— »

TREASURY

DEPARTM ENT

U. S. P U B L IC H EALTH S E R V IC E

MEMORANDUM
d a te

fro m :

TO:

October 2 7 , 1938

Ernest R. Bryan
Mr. Schwarz

Attached is a proposed release on disease prevalence.

IP|
BSBsAEM

Ernest R. Bryan,
For Philip S. Broughton,
In Gharge, Office of
Health Education

/
(/

-

2

-

the year
According to Dr. William F. Gafafer, Senior Statistician of the United
States Public Health Senri.ce, the favorable frequency rate of sickness among
male industrial employees for the first quarter of this year continued through
the second.

A comparison of the rates for the two quartersireveals only tuber­

culosis of the respiratory system and diseases of the stomach, except cancer,
with higher rates in 1938.

The remaining causes and cause groups showed rates

of.like or smaller magnitude.

A ll through th e f i r s t s i x months o f 1 9 3 8 , a fa v o ra b le h e a lth re c o rd was
in d ic a te d among i n d u s t r i a l em ployees, a cco rd in g to r e p o r ts from 26 in d u s tr ia l
s ic k b e n e f it o r g a n iz a tio n s , co v e rin g an av erag e o f 1 6 8 ,2 3 3 male em ployees.
A freq u en cy

o f n o n -in d u s tr ia l i n j u r i e s was ap p ro xim ately the same f o r the f ir s t

s i x months o f 1938 and the corresp on d in g months of the two p reced in g
under com parison in 1 9 3 7 .

DB:mls

10/26/38

periods

TREASURY DEPARTMENT
U. S. Public Health Service
Washington
FOR IMMEDIATE RELEASE,
Friday, October 28, 1938.

Influenza, according to
the” «¿■it

expectations, made its seasonal rise during

period ending October 8.

The 2,653 cases reported

Tff&bout

35

number for the corresponding period last year, according to
the prevalence reports issued today by the United States Public Health Service
(Public Health Reports, October 28, 1938).
The South Atlantic and South Central areas
for the excess incidence, the number of cases in the former region being the
highest reported there in recent years#
Smallpox, as compared with last year, indicates a decided drop, with the
current incidence only

about 70 percent of that of 1937•

Although more than 3,000 cases of measles are reported for the current
period, this is still below last year’s record

for the same time.

The incidence of poliomyelitis was the lowest recorded for this period in
the decade for which these data are available.

As the summer rise of this dis­

ease usually reaches its peak in September, it is now apparently safe to say
that 1938 will be free from an epidemic of this disease.
Meningococcus meningitis shows the lowest incidence reports for the last
ten years, with 113 cases reported.
Typhoid fever, with 1,737 cases, was less than 80 peilpent of the number re
ported for the corresponding period last year, and the lowest for this period
in recent years.

Diphtheria showed a rise of about 20 peitent above the same

weeks for last year, and 50 percent above the 1936 figure.

It is low, however,

compared with the average incidence for the years 1933-37.
The number of cases of scarlet fever rose from approximately 3,300 during
the four weeks ending September 10, to 6,621 for the four weeks indicated by
report.

The increase, however, is considered about normal for this season

nf

treasury department

U. S. Public‘
’Health Service
Washington

FOR IMMEDIATE RELEASE,
'
Friday, October 28, 1938.

Press Service
No. 15-12

Influenza, according to.expectations, made its seasonal rise during the
4-week period ending October 8.

The 2,653 cases reported are about 35 per cent

above the number for the corresponding period last year, according to the
prevalence reports issued today by the United States Public Health Service
(Public Health Reports, October 28, 1938).
The South Atlantic and South Central areas appeared to be primarily re­
sponsible for the excess incidence, the number of cases in the former region
being the highest reported there in recent years.
Smallpox, as compared with last year, indicates a decided drop, with the
current incidence only about 70 per cent of that of 1937.
Although more than 3,000 cases of measles are reported for tne current
period, this is still below last year’s record for the same time.
The incidence of poliomyelitis was the lowest recorded for this period in
the decade for which these data are available.

As the summer rise of this

disease usually reaches its peak in September, it is now apparently safe to say
that 1938 will be free from an epidemic of this disoa.se,
Meningococcus meningitis shows the lowest incidence reports for the last
ten years, with 113 cases reported.
Typhoid fever, with 1,737 cases, was less than 80 per cent of the number
reported for the corresponding period last year, and the lowest for this period
in recent years,

Diphtheria showed a rise of about 20 per cent above the same

weeks for last year, and 50 per cent above the 1936 figure.

It i s low, however,

compared with the average incidence for the years 1933— 37.
The number of cases of scarlet fever rose from approximately 3,300 duriig
the four weeks ending September 10, to 6,621 for the four weeks indicated by

~ 2

this report.

The increase, however, is considered about normal for this season

of the year.
According to Dr* William 3F, G-afafer, Senior Statistician of the United
States Public Health Service, the favorable frequency rate of sickness among
male industrial employees for the first quarter of this year continued through
the second.

A comparison of the rates for the two quarters of 1937-38,

reveals only tuberculosis of the respiratory system and diseases of the stomach,
except cancer, with higher rates in 1938.

The remaining causes and cause

groups showed rates of like or smaller magnitude.
All through the first six months of 1938, a favorable health record was
indicated among industrial employees, according to reports from 26 industrial
sick benefit organizations, covering an average of 168,233 male employees.

A

frequency of non— industrial injuries was approximately the same for the first
six months of 1938 and the corresponding months of the two preceding periods
under comparison in 1937.
— oOo—

treasury department

WASHINGTON
Fresa Service

FOR MflBDIATR RELEASE,
Friday, October 28, 1938

Secretary of the Treasury Morgenthau today announced the final sub­
scription and allotment figures with respect to the current offering of 7/8
percent notes of Series P of the Reconstruction Finance Corporation.
All subscriptions were allotted in full. They were divided among
the several Federal Reserve districts and the Treasury as follows:
Federal Reserve
District_____
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Treasury
TOTAL

Total Subscriptions
Received and Allotted
f

1 ,0 0 0 ,0 0 0

185,359,000
300.000
720.000
3,100,000
100,000

96,621,000
6.750.000
775.000
1.697.000
720.000
1.720.000
300.000
$297,162,000

TREASURY DEPARTMENT
Washington

Press Service
No. 15-13

FOR IMMEDIATE RELEASE,
Friday, October 28, 1938.

Secretary of the Treasury Morgonthau today announced the final sub­
scription and allotment figures with respect to the current offering of 7/8
percent notes of Series P of the Reconstruction Finance Corporation.
All subscriptions were allotted in full.

They were divided among the

several Federal Reserve districts and the Treasury as follows:
Federal Reserve
District

Total Subscriptions
Received and Allotted
$

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Treasury

1 , 000,000
183,359,000
300.000
720.000
3.100.000

100.000
96,621,000
6.750.000
775.000
1.697.000
720.000
1.720.000
300.000
$ 297,162,000

TOTAL

— oOo—

V

Secretary Morg-enthau today announced the appointment, effective November 1,
of Eugene S. Duffield to he a Special Assistant to the Secretary, succeeding
Cyril B. Upham, who resigned October 1 to accept appointment as First Deputy
Comptroller of the Currency.
• Mr, Duffield, a native of Colorado, was educated in the public schools of
Denver and at the University of Wisconsin, from which he was graduated with the
degree of Bachelor of Arts in 1929. He obtained the degree of Master of Arts
from the same insiituion in 1931, after having served as an instructor in
American history in the Experimental College of the University.
He was employed on the United States Daily in Washington from 1931 to
1933 and as a member of the Washington staff of the Chicago Tribune from 1935
to 1935. Since 1935 he has been a member of the Washington staff of the Wall
Street Journal.

iC

TREASURY' DEPARTMENT
Washington

FOR IMMEDIATE RELEASE,
’
Monday, October 31, 1938*

Press Service
No. 15-14

Secretary Morgenth.au today announced the appointment, effective
November 1, of Eugene S* Duffield to be a Special Assistant to the Secretary,
succeeding Cyril B. Upham, who resigned October 1 to accept appointment as
First Deputy Comptroller of the Currency*
Mr, Duffield, a native of Colorado, was educated in the public schools
of Denver and at the University of Wisconsin, from which he was graduated
with the degree of Bachelor of Arts in 1929,

He obtained the degree of

Master of Arts from the same institution in 1931, after having served as an
instructor .in American history in the Experimental College of the University*
He was employed on the United States Daily in

Washington

from 1931

to 1933 and as a member of the Washington staff of the Chicago Tribune from
1933 to 1935*

Since 1935 he has been a member of the Washington staff of the

Wall Street Journal*
— oOo-*-

TREASURY DEPARTMENT
Washington

FOR IMMEDIATE REIEASE,
Monday, October 31, 1938,

Press Service
No. 15- \

Secretary Morgenthau today announced with regret the
retirement from the Government service of Miss Mary M. O'Reilly,
Assistant Director of the Mint.

Miss O ’Reilly retires after

thirty-three years of service in the Treasury Department.
At a Treasury staff meeting on Friday, October 28th, at
which Miss O ’Reilly was present as Acting Director of the Mint,
in the absence of Director Ross, the Secretary presented to
Miss O ’Reilly a letter complimenting her on her years of
faithful and highly efficient service to the Government and
expressing his regret at her leaving.

— oOo—

TREASURY DEPARTMENT
Washington

Press Service
Ho, 15-15

FOR IMMEDIATE RELEASE,
Monday, October 31, 1938.

Secretary Morgenthau today announced with regret the retirement from
the Government service of Miss Mary M, 0 Reilly* Assistant Director of the
Mint.

Miss O'Reilly retires after thirty-three years of service in the

Treasury Deportment,
At a Treasury staff meeting on Friday, October 28th, at which Miss
0*Reilly was nrosent as Acting Director of the Mint, in the absence of
Director Ross, the Secretary presented to Miss O'Reilly a- letter complimenting
her on her years cf faithful and highly efficient service to the Government
and expressing his regret at her leaving.

— oOo—

TH2U3ÜKT SSPAÜSOSIT

«

Washington
ioh H s m s s , uomrm m m p u m s ,
Tugjdar. Hcreabar 1. 1988.
W f f l ? * -----

.É g ! .

‘|

-• ■

§■

' .fï

?**•* Serrt09

f \

ths Saoratary of ths Traaaary announoad laat evening that tha

tandars for #100,000,000, or thaieabcots, of 91~day Treaaury bille, to
ba datad Hovember 2, 1938, and to satura yabruary 1| 1939, ahioh wara
offarad on Ootobar 28, wara opanad at tha Fédéral Reserve banka on
Ootobar 31»
Tha datalls of tbia lasua a^Tae followa s
Total appliad for |
Total acoepted

• $399,386,000
• 100,261,000

Range of aaeaptad bldai
C

I
PI#

low
Average priaa

«

100*

«

99*993

-

99.993

Suivaient rata approximately 0*028 per«#ffl
*
*
0.029
"

(83 parcant of tha amotmt bld for at tha leur jsrice m i aceaptad)

TREASURY DEPARTMENT
Washington
FOR RELEASE, MORNING- NEWSPAPERS,
Tuesday, November 1, 1938._____
10/31/38.

Press Service
No.
15-16

The Secretary of the Treasury announced last evening that the
tenders for $100,000,000, or thereabouts, of 91-day Treasury bills, to
be dated November 2,

1938, and to nature February 1, 1939, which were

offered on.October 28, were opened at the Federal Reserve banks on
October 31.
The details of this issue are as follows:
Total applied for
Total accepted

-

$399,386,000
100,241,000

Range of accepted bids*
High
Low
Average price

-

m
*•*

100.
99.993 Equivalent rate approximately 0.028 percent
99,993
0 11
0.027
,f

(83 percent of the amount bid for at the low price was accepted)

-— oOo—

Government GovernmentOther
Securities guaranteed Securities*
EhM, ,pr, Afieagg

___________ SfigarjLfrlaa_________ __

(000 omitted)
Totals brought forward •••*«••*«••••••••• $2,666,1*8^
District of Columbia Water Fund «»•••••*•
736
950,000
Unemployment Trust Fund ••••«••**... .
69,700
Railroad Retirement Account •**••••••••••
733,300
Old-Age Reserve Account •*••••••*••••»•••
Foreign Service Retirement and
3,626
Disability Fund ••*•...... «.... ♦##
Canal Zone Retirement and Disability
H,os6
Fund (1) .......... ...........
23,800
Adjusted Service Certificate Fund »••••••
Alaska Railroad Retirement and
502
Disability Fund • .......... •**••
Totals ••••*«••*•••• $*+,^52.23^
As of September ^0. 1938s
Federal Farm Mortgage Corporation «...
Federal Land Banks
Federal Intermediate Credit Banks ••••
Banks for Cooperatives •••••••••«•••«•
Production Credit Corporations ••••••«
Production Credit Associations •••«•••
Joint Stock Land Banks **•••••*.......
Federal Home Loan Banks
Home Owners' Loan Corporation •••••*••
Reconstruction Finance Corporation •••
Inland Waterways Corporation **
U.S. Spruce Production Corporation •••
U.S* Housing Authority ••••«»••••*•«••
Totals ••«»«•••••

$

-

61,710
6^,935
6 ^ ,2 8 4

5,156
1 ,8 9 9

2,055
29,616
1,100
Us, 020
3 ,U«7
125
250

$ 282,637

$ 269,902
*.
-

-

a»
-

-

•-

-

$269,902

$ift, 6 S9

$

-

9,000
2 3 ,9 9 5
1 3 ,9 3 0

11,028
6,897
9,063
—
»
«

$ 73,913

Rote: All trust funds may be invested in Government and Governmentguaranteed securities, and certain funds may also be invested
in additional securities as indicated:
(1) In Federal Farm Loan Bonds:
(2) Ho Limitations*
* Consist principally of Federal Farm Loan Bonds and Federal
Intermediate Credit Banks Debentures*
** Latest figures available

$UU,689

$76 U,305
2,500
-

8.275

25,917
75,283
25
—
•
-

$876,305

TREASURY DEPARTMENT

Washington
FOR RELEASE,

Press Service
tfj

if-1%

Secretary Morgen than released today the following statement relative
to the amount of Government and other securities held in governmental trust
accounts and b y governmental corporations and agencies?

SECURITIES Win AS INVESTMENTS IN TRUST FUNDS AND IN ACCOUNTS
OF CERTAIN GOVERNMENTAL CORPORATIONS AND AGENCIES
ON DATES INDICATED,

Government
Securities
Fund or Agency
of September 28. 1938;
$ 9^3,^8
Postal Savings System......... .
Federal Deposit Insurance Corporation •••
369 .09!+
1+2,459
Individual Indian Trust Funds
Mutual Mortgage Insurance Fund and
19,686
Housing Insurance Fund ••••••••••••••••
10,015
Federal Savings and Loan Insurance Corp. •
Civil Service Retirement arid Disability
Fund • • ....... ...... • •••..... .
1+65,900
TT.S. Government Life Insurance Fund (l)*#
770,782
5,702
D.C. Teachers* Retirement Fund (2 ) •••••*
30,810
Alien Property Custodian Fund
1,850
Panama Canal Zone Funds (l) .••.•••••••••
General Post Fund, Veterans* Administration ........ ............. .
1,067
1
Library of Congress Trust Fund (2) ••••••
10
D.C. Workmen*s Compensation Fund (l) ••••
Longshoreman*s and Harbor Workers*
Condensation Fund (l) •••••••••»•#•«••*
117
German Special Deposit Account ..........
3,957
National Institute of Health Gift Fund ••
83
Comptroller of the Currency Employees*
l,2l+3
Retirement Fund •••••••••••••••••••••••
198
Pershing Hall Memorial Fund ••••••.«••.••
12
National Park Trust Fund (2)
Ainsworth Library Fund, Walter Reed
10

GovernmentOther
guaranteed Securities*
securities
(000 omitted)

.As

$ 166,83U
-

$

-

71

21

mm
102,887

-

mm

mm

-

^2,067
95

1,965

5

290

-

-

mm

1
291
11

-

10
-

^3
-

-

-

—

-

$2 ,666,H8lj- $269,902

$l&,6g9

TREASURY DEPARTMENT
Washington

Press Service
No. 15-17

FOR RELEASE,. MORNING NEWSPAPERS,
Wednesday, November 2, 1938.
11-1-38

Secretary Morgenth.au released today the following statement relative to
the amount of Government and other securities held in governmental trust accounts
and by governmental corporations and. agenciesi
SECURITIES KELP AS INVESTMENTS IN TRUST FUNDS AND IN ACCOUNTS
0F CERTAIN GOVERNMENTAL CORPORATIONS AND AGENCIES
ON DATES INDICATED
Government
Securities
Fund or Agency

Governmentguaranteed
securities
(000 omitted)

V.
Other
Securities*

As of September 28, 1938:
Postal Savings System .................
Federal Deposit Insurance Corporation .
Individual Indian Trust Funds .........
Mutual Mortgage Insurance Fund and
Housing Insurance Fund ...............
Federal Savings and Loan Insurance Corp
Civil Service Retirement and Disability
Fund ...............................
U.S. Government Life Insurance Fund (l)
D.C. Teachers1 Retirement Fund (2) ....
Alien Property Custodian F u n d .... .
Panama Canal Zone Funds (l) ........
General Post Fund, Veterans1 Administra
t i o n .... ............... ,...........
Library of Congress Trust Fund (2) ....
D.C. Workmen*s Compensation Fund (l) ..
Longshoreman* s and Harbor Workers1
Compensation Fund (l) .............. .
German Special Deposit Account ........
National Institute of Health Gift Fund
Comptroller of the Currency Employees1
Retirement F u n d .......... ..........
Pershing Hall Memorial' Fund ...... .
National Park Trust Fund (2) .........
Ainsworth Library Fund, Walter Reed
General Hospital
...... .

$

$

-

943,488
369,094
42,459

$ 166,834
71

19,686
10,015

»

-

102,887

—

465,900
770,782
5,702
30,810
1,850
1,067
1
10
117
3,957
83

-

21

«

_
-

95
—

42,067
1,965
-

290

5

1
291
11

-

-

10
.

43
-

-

—

1,243
198
12

—

—

10
$2,666,484

—

—

$ 269,902

$ 44,689

-2 -

Government
Securities
Fund or Agency

Totals brought forward ............... ...

$2,666,484

District of Columbia Water Fund .....
Unemployment Trust F u n d .............
Railroad Retirement Account .... .
Old-Age Reserve Account .............
Foreign Service Retirement and
Disability F u n d ...................
Canal Zone Retirement and Disability
Fund (l) ........... .......... .
Adjusted Service Certificate Fund ...
Alaska Railroad Retirement and
Disability Fund ......... ...... .
Totals ....... . ..

Other
Governmentguaranteed
Securities*
Securities
(000 omitted)
$ 269,902

$ 44,689
-

736
950,000
69,700
733,300

—
||
«**

-

3,626

m
m

*"

4,086
23,800

-

-

502

-

-

$4,452,234

$ 269,902

$ 44,689

w.
9,000
23,995
13,930
11,028
6,897
9,063

$764,305
2,500
- "
8,275
25,917
75,283
25
-

As of September 30, 1938:
Federal Farm Mortgage Corporation .....
Federal Land Banks ............. ........
Federal Intermediate Credit B a n k s .....
Banks for Cooperatives .................
Production Credit Corporations .........
Production Credit A s s o c i a t i o n s ...... .
Joint Stock Land Banks ** ........... .
: Federal Home Loan Banks ................
Home Owners1 Loan Corporation .........
: Reconstruction Finance Corporation ....
Inland Waterways Corporation ** ...... ..
U.S. Spruce Production Corporation .....
U.S. Housing Authority ........ .........
Totals .........

Note:

$

—

$

61,710
64,935
64,284
5,156
1,899
2,055
29,616
1,100
48,020
3,487
125
250
$

282,637

-

$

73,913

All trust funds may be invested in Government and Governmontguaranteod securities, and certain funds may also be invested
in additional securities as indicated:
(1) In Federal Farm Loan Bonds.
(2) Ho Limitations*

Consist principally of Federal Farm Loan Bonds and Federal
Intermediate Credit Banks Debentures.
:** Latest figures available.
— 0 O 0—

$876,305

November 3, 1938,

PRESS RELEASE
L

Gull Shoal Station, Salvo, D are County, N. C.
Little Kinnakeet Station, Avon, Dare County, N. C.
.Creeds Hill Station, Frisco, N. C.
Durants Station, Hatteras, North Carolina
Point Betsie Station, Frankfort, Michigan
Big Sable Point Station, Ludington, Michigan
Port Austin, Port Austin, Michigan
^Middle Island Station, Alpena, Michigan
,
North Manitou Station, North Manitou, Michlj

___ ___________
^ the
decommissioned statid
In several
instances,
are already being used by public agencies and it is anticipalj
tihfft ir
the status will not be changed.

* *

* * * * *

Washington, D. C.,
November 3, 1938.

In accord with the j>5fl*gasgm to increas^the efficiency of Coast Guajrd
Lifesaving Stations and at the same tflfy»4acreage the cost of maintenance,
the United States Coast G u a r d ^ T s ordered the follo^4«ML. Coast Guard station
buildings .and sites to^tfe disposed of in accordance with la.w.'^^se stations
have "been in ag*€!^commissioned status for some time.

\

In several cases^NtihesV

f stations are now used hy public agencies and it is anticipated that in such

I

i ....

--------

mu

■i. .

m a il linn

..... . iim rii i ini ...... .....
Wallis Sands Station, Portsmouth, New Hampshire
Bye Beach Station, Portsmouth, New Hampshire
Salisbury Beach Station, Salisbury, Massachusetts
Peaked Hill Bars Station, Province town, Mass.
__Monomoy Station, Chatham, Massachusetts
Narragansett Station, Narragansett, R. I.
Green Hill Station, Wakefield, B. I.
Qaonochontaug Station, Bradford, R. I.
Long Branch Station, West 2nd, N. J.
Spring Lake Station, Spring Lake Beach, N. J.
"Bayhead Station, Bayhead, New Jersey.
Chadwick Station, Lavalette, New Jersey
Cedar Creek Station, Seaside Park, New Jersey
Loveladies Island Station, Harvey Cedars, N.J.
Harvey Cedars Station, Harvey Cedars, N. J.
Long Beach Station, Beach Haven Terrace, N. J.
Little Beach Station, Brigantine, New Jersey
Pecks Beach Station. Ocean City, New Jersey
Sea Isle City Station, Sea Isle City, N. J.
Wildwood Station, Wildwood, New Jersey
Old Squan Beach Station, Manasquan, N. J.
Old Ocean City Station, Ocean City, N. J.
Rehoboth Beach Station, Behoboth Beach, Del.
Belthany Beach Station, Bethany Beach, Del.
Isle of Wight Station, Ocean City, Maryland
Green Run Inlet Station, Chincoteague Island, 7a.
Old Parramore Beach Station, Wachapreague, Va.
False Cape Station, Virginia Beach, Va..
Pennys Hill Station, Corolla, North Carolina
_ Curratuck Beach Station, Corolla, N. C.
Kitty Hawk Station, Kitty Hawk, N. C.
Paul Gamiels Hill Station, Duck, N. C.

^

****

l/l

|f

0

y

AC

1

i)

O^s

For Friday am’s

ill !

ill

In its program of increasing the efficient
of^'SP land-station lifesaving work and of decreasing the
cost of ' « M B maintenance, the United States Coast Guard
today ordered the disposal of forty-one decommissioned
ill

units on the Atlantic Coast and the Great Lakes.
Buildings and sites at the following
loeati ons^
he sold7
original grantor;

k

or restored to the

TREASURY DEPARTMENT
U.S. Coast Guard
Washington
FOR RELEASE, MORNING NEWSPAPERS,
Friday, November 4, 1958.______
11/3/38.

Press Service
Ro. 15-18

In its program of increasing the efficiency of land-station lifesaving
work and of decreasing the cost of maintenance, the United States Coast Guard
today ordered the disposal of forty-one decommissioned units on the Atlantic
Coast and the Great Lakes.
Buildings and sites at the following locations will he sold, leased or
restored to the original grantor:
Portsmouth, New Hampshire
7/allis Sands Station
Portsmouth, New Hampshire
Rye Beach Station
Salisbury, Massachusetts
Salisbury Beach Station
Provincetown,
Massachusetts
Peaked Hill Bars Station
Chatham,
Massachusetts
Monomoy Station
Narragansett, Rhode Island
Narragansett Station
Wakefield, Rhode Island
Green Hill Station
Bradford, Rhode Island
Quonochontaug Station
West End, Now Jersey
Long Branch Station
Spring Lake Beach, N* J.
Spring Lake Station
Bayhead,
New Jersey
Bayhcad Station
Lavalette,
New Jersey
Chadwick Station
Seaside
Park,
New Jersey
Cedar Creek Station
Harvey
Cedars,
New Jersey
Loveladies Island Station
Harvey Cedars, New Jersey
Harvey Cedars Station
Beach Haven Terrace, N. J.
Long Beach Station
Brigantine, New Jersey
Little Beach Station
Ocean City, New Jersey
Pecks Beach Station
Sea Isle City, New Jersey
Sea Isle City Station
Wildwood, New Jersey
Wildwood Station
Manasquan, New Jersey
Old Squan Beach Station
Ocean City, New Jersey
Old Ocean City Station
Rehobo th Beach, Delaware
Rehoboth Beach Station
Bethany Beach, Delaware
Bethany Beach Station
Ocean City, Maryland
Isle of Wight Station
Chincoteague Island, Va.
Green Run Inlet Station
Old Parramore Beach Station Wa,chapreague, Virginia
False Cape Station
Virginia Beach, Virginia
Pennys Hill Station
Qorolla, North Carolina
Curratuck Beach Station
Corolla, North Carolina

Kitty Hawk Station
Paul Gamiels Hill Station
Gull Shoal Station
Little Kinnakoet Station
Creeds Hill Station
Durants Station
Point Betsie Station
Big Sable Point Station
Port Austin
Middle Island Station
North Manitou Station

Kitty Hawk, North Carolina
Duck, North Carolina
Salvo, Dare County, N. C.
Avon, Dare County, N. C.
Prisco, North Carolina
Hatteras, North Carolina
Prankfo r t , Mi chignn
Luuington, Michigan
Port Austin, Michigan
Alpena, Michigan
North Manitou, Michigan

In several instances, the decommissioned stations are already being
used by public agencies and it is anticipated that in such cases the sta-tus
will not bo chong'edi

1 —

The distribution of the scores was found to be quite similar, with a
slight preponderance of negative scores in each group.

Apparently, however,

there seemed to be a smaller number of zero scores among the alcoholics, with
corresponding increase in percentage of both negative and positive scores.
This would tend to indicate that alcoholics show increased negative or positive
suggestibility.
11Although generalizations must be made cautiously,” says Dr. Vogel,

”b ecause o f th e r e l a t i v e l y sm all group t e s t e d , and because on ly one t e s t was
u se d , i t appears t h a t c h ro n ic a l c o h o l i c s a re n o t s i g n i f i c a n t l y more suggestible
than n o n -a l c o h o l ic s .

I f t h i s i s s o , su g g e stio n does n o t p la y a p a r t i c u l a r l y

im p ortan t r o l e in th e cause and r e c u r re n c e o f a lc o h o lis m , nor a r e su g g estiv e
ty p es of th erap y e s p e c i a l l y v a l u a b l e .”
The present study furnishes no information about suggestibility in alco­
holic individuals under the influence of alcohol at the time of the test.

DBtmls
10/25/38

neuropathic individuals, psychoneurotics, constitutional psychopaths, and the
like, in whom alcoholism is but a symptom of an underlying personality disorder.
A machine to record backward and forward postural sway was devised to
make the test for examination of these patients*

It consists of equipment,

placed behind the individual being tested, on an upright standard, to which is
attached a wire to record the amount of backward and forward sway.
stands before this standard, erect, with eyes closed.

The patient

In each test, before sug­

gestion was started, the normal spontaneous postural sway was determined during
a one minute preliminary period.
The suggestion—test proper continued for two minutes.

During this time

there emanates from a recording machine, directly in line with the ears of the
patient, a voice which repeats this formula;

"Now y o u ’ll begin to feel yourself falling slowly over for­
ward. Slowly at first, forward, forward, forward, leaning front­
ward, swaying forward a little, swaying, swaying, forward, forward;
a little more forward, forward, forward; y o u ’ll feel your weight
shifting from your heels to your toes as you start to sway and fall
over forward, more, more
* •"
Forward or backward sway was considered significant only if it

exceeded

the measured spontaneous sway during the first minute of the test without sug­
gestion.

The distance by which maximum forward or backward movements

the spontaneous sway was scored directly in centimeters.

exceeded

Cases in which neither

the backward nor the forward sway exceeded the normal, were scored as zero
responses.
Final results showed negative responses in 54- percent of the patients, 3
percent showed positive, and 9 percent showed zero responses.

Of the two posi­

tive responses, one lost his balance completely, falling forward.
these scores with those of the control group, Dr. Vogel found
responses, 3 2 percent positive, and 20 percent zero.

4-8

Comparing
percent

negati j

TREASURY DEPARTMENT
UNITED- Ê T A T Â ’PUBLIC HEALTH SERVICE
WASHINGTON

FOR M
S'

P

K

RELEASE /
0&Là*4^

Are chronic users of alcohol more ^fiMH|F suggestible than normal indivi­
duals?

If they are more suggestible, is this a contributing cause of chronic

alcoholism and its recurrence?

And are they more amenable to suggestion because

of their prolonged use of alcohol?
If the answers to these questions could be proved in the affirmative,
thought Dr. Victor H. Vogel, Passed Assistant Surgeon of the United States
Public Health Service, then forms of mental treatment making use of various
kinds of suggestion and hypnosis should l^trnrif

..... No.

L44-* Public Health Reports) was undertaken in an effort to furnish an experi­
mentally determined opinion on the occurrence and nature of this factor of sug­
gestibility in chronic users of alcohol.
For the investigation, A 6 adult white males, admitted to the Colorado
Psychopathic Hospital and considered chronic alcoholics, wer^-neeeU

Some were

admitted while sober, some while acutely intoxicated or delirious; others were
admitted voluntarily, by court order, or by insanity proceedings and commitment. |
None were tested, however, until at least several days had passed after detoxi­
fication.
As a control group, Chliu

100 guards, attendants, and other

adult white male employees at the United States Public Health,Service Hospital,
Lexington, Aèntucìcy3\

the same procedure5Y''in connection with1

Vf
a previous study on suggestibility in delinquent inmates of State and Federal
penal institutions, and narcotic addicts, none of whom were chronic users of
alcohol.
/o n w ®
/
Great heterogeneity was recognized, of course, in the^MB^SBaiMaiMMi# group
Chronic alcoholism is not a disease entity; its victims represent, for the most

TREASURY DEPARTMENT
U. S. Public Health Service
Washington
FOR RELEASE, H O M I N G NEWSPAPERS,
Sunday, November 6, 1938._______

Press Service
No. 15-19

11-4-38
Are chronic users of alcohol more suggestible than normal individuals?
If they are more suggestible, is this a contributing cause of chronic alcohol­
ism and its recurrence?

And are they more amenable to suggestion because of

their prolonged use of alcohol?
If the answers to these questions could be proved in the affirmative,
thought Dr. Victor H. Vogel, Passed Assistant Surgeon of the United States Public
Health Service, then forms of mental treatment making use of various kinds of
suggestion and hypnosis should be more frequently employed.

A study (Supplement

No. 144, Public Health Reports) was undertaken in an effort to furnish an experi­
mentally determined opinion on the occurrence and na.ture of this factor of sug­
gestibility in chronic users of alcohol.
Eor the investigation, 46 adult white males, admitted to the Colorado
Psychopathic Hospital and considered chronic alcoholics, were studied.

Some were

admitted while sober, some while acutely intoxicated or delirious; others were
admitted voluntarily, by court order, or by insanity proceedings and commitment;
None were tested, however, until at least several days had passed after detoxi­
fication.
As a control group, 100 guards, attendants, and other adult white male
employees at the United States Public Health Service Hospital, Lexington, Kentuck;
were examined.

Under the same procedure as the Colorado study, they were tested

ln connection with a previous study on suggestibility in delinquent inma-tes of
State and Eedorol penal institutions, and narcotic addicts, none of whom were
chronic users of alcohol*

-

2

-

Great heterogeneity was recognized, of course, in the Colorado group.
Chronic alcoholism is not a disease entity; its victims represent, for the most
part, neuropathic individuals, psycho neurotics, constitutional psychopaths, and
the like, in whom alcoholism is hut a symptom of an underlying personality dis­
order.
A machine to record backward and for?/ard postural sway was devised to make
the test for examination of these patients.

It consists of equipment, placed

behind the individual, being tested, on an upright standard, to which is attached
a wire to record the amount of backward and forward sway.
before this standard, erect, with eyes closed..

The oatiOut stands

In each test, before suggestion

was started, the normal spontaneous postural sway was determined during a one
ninute preliminary period.
The suggestion-test proper continued for tv/o minutes.

During this time

there emanates from a recording machine, directly in line with the ears of the
patient, a voice which repeats this formula?
nHow you'll begin to foel yourself falling slowly over for­
ward. Slowly at first,.forward, forward, forward, leaning front­
ward, swaying forward a little, swaying, swaying, forward, forward;
a little more forward, forward, forward; y o u ’ll feel your weight
shifting from your heels to your toes as you start to sway and fall
over forY/ard, more, more * * *
Forv/ard or backward s?/ay was considered significant only if it exceeded
the measured spontaneous sway during the first minute of the test without sug­
gestion.

The distance by which maximum forward or backward movements exceeded the

spontaneous sway

b s

scored directly in centimeters.

Oases in which" neither the

ackward nor the forward sway exceeded the normal, were scored as zero responses.
Final results showed negative responses in 54 per cent of the patients,
per cent showed positive, and 9 per cent showed zero responses.

Of the two

positive responses, one lost his balance completely, falling forward.

Comparing

those scores with those of the control group, Dr, Vogel found 48 per cent negative

~ 3 -

responses, 32 por cent positive, and 20 per cent zero.
The distribution of the scores was found to he quite similar, with a
slight preponderance of negative scores in each group.

Apparently, however,

there seemed to he a smaller number of zero scores among the alcoholics, with
corresponding increase in percentage of both negative and positive scores.
This would tend to indicate that alcoholics show increased negative or positive
suggestibility.
!,A1 though generalizations must be made cautiously,!i says Dr. Vogel,
’’"because of the relatively small group tested, and because only one test was
used, it appears that chronic alcoholics are not significantly more suggestible
than non-alcoholics.

If this is so, suggestion does not play a particularly

important role in the cause and recurrence of alcoholism, nor are suggestive
types of therapy especially valuable.”
Tho present study furnishes no information about suggestibility in alco­
holic individuals under the influence of alcohol at the time of the test.

■~o0o~

TREASURY DEPARTMENT
WASHINGTON

November 4, 1938#

MEMORANDUMFOR MR, GASTCN:
I

hand you herewith a statement with respect to the

establishment of the Central and New England Divisions
of the Technical Staff, which, as you will see, are to
be set up respectively on January 1 and February 1, 1939*
This is for your consideration in connection with any
press release which you may think advisable*

Harold N. Graves
Assistant to the Secretary.

Helvering at the instance of Secretary of the Treasury Morgenthau for
a general decentralization of Federal tax administration in order to
provide greater convenience to taxpayers and to expedite the closing
of tax cases.

It is anticipated that additional divisions will be

created within the next few months covering the remaining sections
of the country

3.

local office of the Technical Staff.

The local office of the Technical

Staff will grant a hearing to the taxpayer, consider his contentions,
and make final determination of his tax liability.

JLt^piil have full

autjacrrity to^review and revise the findings of the internal revenue
agent in ^ a r g e , and there will be no appeal to the Bureau or the
Treasury Department at Washington.

If a taxpayer is not satisfied

with the final determination of his case by the local office of the
Technical Staff, the only recourse will be an appeal to the Board of
Tax Appeals and the Courts.
The arrangement has many advantages.

It will eliminate the re­

petitious steps and protracted delays which it seems impossible to
avoid under the old plan of centralizing the settlement of tax dis­
putes in the Bureau of Internal Revenue at Washington.

It will permit

prompt action on all contested cases at a point near to the taxpayer
and to the sources of evidence regarding his transactions.

It will

provide an able and impartial administrative body to which the tax­
payer can have reoourse in his own community should he wish to contest
the findings of the agency which examined his tax return in the first
instance.

The plan is expected to result not only in greater con­

venience to taxpayers but also in quicker administrative decisions
and in fewer appeals from the Bureau of Internal Revenue to the
Board of Tax Appeals and the Courts.

It will be of special benefit

to taxpayers who are financially unable to employ counsel*
The establishment of these two additional divisions of the
Technical Staff is in furtherance of plans developed by Commissioner

2

from the Bureau at Washington.

The Central Division will be in charge

of Freeman R. Paulson, who for m n y years has been a ranking technical
<
adviser on the Staff of the Commissioner of Internal Revenue.

DeWitt

M. Evans, who has served as attorney in the office of the Chief Counsel
of the Bureau of Internal Revenue since 1926, will be in charge of the
legal staff attached to the new division.
The New England Division will be opened on February 1, with head­
quarters at Boston, and a branch office at New Haven.

As in the case

of the Central Division, the technical and clerical personnel to be
assigned to the New England Division will be transferred from the Bureau
at Washington.

The Head of the Division will be Charles A. Drake, an

expert on the staff of the Commissioner of Internal Revenue, who
a record of twenty-two years in various branches of the Federal internal
revenue service.

C. P. Reilly, now a senior attorney in the office

of the Chief Counsel of the Bureau, will be in charge of the legal
staff.

Mr. Reilly has been employed in the Internal Revenue service

since 1920«
Under the decentralized^arrangement, the examination of tax re­
turns will be made by the internal revenue agents, as at the present
time.

Their reports willjbe reviewed and discussed with taxpayers

in the office of the internal revenue agent in charge, in accordance
with the old procedure.

But if the agent*s findings are finally

protested by the taxpayer, the case will no longer be sent to Washing­
ton for review and conference, but will be referred to the proper

f
T

ft

1,

|i
Office of the Commissioner of Internal Revenue will be established
early in 1939— one embracing the New England States, the other the
States of Michigan, Ohio, and Kentucky.
This will bring to five the number of regions within which,
ttA.
under the decentralization program inaugurated by ^Secretary of the

T. Helvering, facilities of the Bureau of Internal Revenue will be
available locally for the final settlement of Federal income- and
estate-tax cases

e first field division was set up July 1 on

the Pacific Coast, with jurisdiction over cases originating in the
States of Washington, Oregon, California, Idaho, Montana, Nevada,
Utah, and Arizona, and the Territories of Alaska and Hawaii.

A

division was established at New York City on August 1 to handle
cases originating in the State of New York; and a third division
was created at Chicago on September 1 which has jurisdiction of
cases arising in the States of Illinois, Indiana, Wisconsin, Minne­
sota, and North and South Dakota.
The Central Division of the Technical Staff, embracing Michigan,
Ohio, and Kentucky, will commence operations on January 1, with local

r the d iv isio n jw i 11 d iv id e t h e i r tim e beffieen the c i t i e s J Ln propj
offices at Detroit, C le v e liiili^ n H n m ti, and LoursvIlle.^ffie per- \tgjjj
sonnel to be assigned to the division will include attorneys, account­
ants, auditors, engineers, valuation experts, and specialists in
various lines of Federal tax administration, who, together with the
necessary complement of clerical

e m p lo y e e s ,

will be transferred

TREASURY DEPARTMENT
Washington

K)R RELEA.SE, MORNING- NEWSPAPERS,
Monday, November 7, 1938,
11-4-38

Press Service
^°* 15«20

Secretary Morgenthau announced today that two additional field divisions of
the Technical Staff of the Office of the Commissioner of Internal Revenue will he
established early in 1939— one embracing the New England States, the other the
States of Michigan, Ohio, and Kentucky.
This will "bring to five the number of regions within which, under the de­
centralization program inaugurated by the Secretary of the Treasury and Com­
missioner Guy T. Helvoring, facilities of the Bureau of Internal Revenue will be
available locally for the final settlement of Eederal income- and estate-tax
cases*
The first field division was set up July 1 on the Pacific Coast, with jur­
isdiction over cases originating in the States of Washington, Oregon, California,
Idaho, Montana, Nevada, Utah, and Arizona, and the Territories of Alaska and
Hawaii,

A

division was established at New York City on August 1 to handle cases

originating in the State of New York; and a third division was created at Chicago
on September 1 which has jurisdiction of cases arising in the States of Illinois,
Indiana, Wisconsin, Minnesota, and North and South Dakota.
The Central Division of the Technical Staff, embracing Michigan, Ohio and
Kentucky, will commence operations on January 1, with local offices at Detroit,
Cleveland, Cincinnati, and Louisville.

Heads of the division will divide

time between the cities in proportion to the business of each.

their

The personnel to

te assigned to the division will include attorneys, accountants, auditors, en­
gineers, valuation experts, and specialists in various lines of Federal tax
administration, who, together with the necessary complement of clerical employees
will be transferred from the Bureau at Washington.

The Central Division will be

TREASURY DEPARTMENT

W ashington

Press Service

K)S RELEASE, MORNING NEWSPAPERS,
Monday. November 7 . 1 9 3 3 .
11- 4-38

No*

15-20

Secretary Morgenthau announced today that two additional field divisions of
the Technical Staff of the Office of the Commissioner of Internal Revenue will he
estabilished early in 1939— one embracing the New England States, the other the
States of Michigan, Ohio, and Kentucky.

cases
The first field division was set up July 1 on the pacific Coast, with jur­
isdiction over cases originating in the States of Washington, Oregon, California
Idaho, Montana, Nevada, Utah, and Arizona,, and the Territories of Alaska and
Hawaii,

A

division was established at New York City on August 1 to handle cases?

originating in the State of New York; and a third division was created at Chicago
on September 1 which has jurisdiction of cases arising in the States of Illinois,
Indiana, Wisconsin, Minnesota, and North and South Dakota.
The Centra,! Division of the Technical Staff, embracing Michigan, Ohio and
Kentucky, will commence operations on January 1, with local offices at Detroit,
Cleveland, Cincinnati, and Louisville,

Heads of the division will divide

time between the cities in proportion to the business of each.

their

The personnel to

he assigned to the division will include attorneys, accountants, auditors, en­
gineers, valuation experts, and specialists in various lines of Federal tax
administration, who, together with the necessary complement of clerical employee
■^ill be transferred from the Bureau at Washington.

The Central Division will be

in charge of Freeman R. Paulson, who for many years lias "been a ranking technical
adviser on the Staff of the Commissioner of Internal Revenue*

DeWitt M* Evans,

who has served as attorney in the office of the Chief Counsel of the Bureau of
Internal Revenue since 1926, will “be in charge of the legal staff attached to the
new division*
The Hew England Division will be opened on February 1, with headquarters at
Boston, and a branch office at Hew Haven.

As in the case of the Central Division

the technical and clerical personnel to be assigned to the Hew England Division
will be transferred from the Bureau at Washington.

The Head of the Division

will be Charles A* Drake, an expert on the staff of the Commissioner of Internal
Revenue, who has a record of twenty-two years in various branches of the Federal
internal revenue service*

C* P. Reilly, now a, senior attorney in the office of

the Chief Counsel of the Bureau, will be in charge of the legal staff*

Mr.

Reilly has been employed in the Internal Revenue service since 1920.
Under the decentralized arrangement, the examination of tax returns will be
made by the internal revenue agents, as at the present time.

Their reports will

he reviewed and discussed with taxpayers in the office of the internal revenue
agent in charge, in accordance with the old procedure*

But if the agent* s find­

ings are finally protested by the taxpayer, the case will no longer be sent to
Washington for review and conference, but will be referred to the proper local
office of the Technical Staff.

The local office of the Technical Staff will

grant a hearing to the taxpayer, consider his contentions, and make final deter­
mination of his tax liability.

It will have full authority to review and revise

the findings of the Internal revenue agent in charge, and there will be no appeal
to the Bureau or the Treasury Department at Washington.

If a taxpayer is not

satisfied with the final determination of his case by the local office of the
Technical Staff, the only recourse will be an appeal to the Board of Tax Appeals
a&d the Courts*

3
The arrangement has many advantages.

It will eliminate the repetitious

steps and protracted delays which it seems impossible to avoid under the old
plan of centralizing the settlement of tax disputes in the Bureau of Internal
Revenue at Washington.

It will permit prompt action on all contested cases at

I

a point near to the taxpayer and to the sources of evidence regarding his trans­
actions.

It will provide an able and impartial administrative body to which the

taxpayer can have recourse in his own community should he wish to contest the
findings of the agency which examined his tax return in the first instance.

The

plan is expected to result not only in greater convenience to taxpayers but also
in quicker administrative decisions and in fewer appeals from the Bureau of
Internal Revenue to the Board of Tax Appeals and the Courts.

It pill be of

special benefit to taxpayers who are financially unable to employ counsel*
The establishment of these two additional divisions of the Technical Staff
is in furtherance of plans developed by Commissioner Helvering at the instance
of Secretary of the Treasury Morgenthau for a general decentralization of Feder­
al tax administration in order to provide greater convenience to taxpayers and
to expedite the closing of tax cases.

It is anticipated that additional divi­

sions will be created within the next few months covering the remaining sections
of the country.
oOO—

TfflUmM DSPAR3MSNT
Washington
Prase Bvnioi

for hklbass» mcmma traspApaus,
Saturday. Rovaaiber 5. 1958.
11 / 4 / 5 8 -----

¿ i - i l

fha Saaratary of tha Treasury announced last evening that the
tenders for #100,000,000, or thereabouts, of 91-day Treasury bills, to
I
be dated Kowsmber 9, 1908, and to mature February 8, 1988, «blob were
offered

cm Novewbar

8, were opened at the Federal Reserre banka ao

November 4*
Tbe details of this issue are as followss
Total applied for
Total accepted

-

1031,119,000
100,931,000

Range of accepted bidet

100 »

High

—

Loir

*

99*994 Rqpi valent rat» approximately 0*024 per©««

•

99*994

Average price

a

a

a

0*033

(93 p a r e n t of the amount bid for at tha low price was accepted)

TREASURY DEPARTMENT
Washington
FOR RELEASE, MORNING NEWSPAPERS,
Saturday, November 5, 1938,

Press Service
No. 15-21

11/4/38.

The Secretary of the Treasury announced last evening that the tenders
for $100,000,000, or thereabouts,, of 91-day Treasury bills, to be dated
November 9, 1938, and to nature February 8, 1939, which were offered on
November 2, wore opened at tie Federal Reserve banks on November 4.
The details of this issue are as follows:
Total applied for
Total accepted

- $331,119,000
« 100,729,000

Range of accepted bids:
High
Low
Average price

- 100*
- 99.994 Equivalent rate approximately 0.024 percent
- 99.994
”
ft
K
0.022
n

(73 percent of the amount bid for at the low price was accepted)

— oOo—

Table II
Comparison of New and Old Averages of Yields
of Long-Term Treasury Bonds
(Percent)

New
average 1 /

3 .6 s

19 27

3-3^

3.3k

—

192s

303

303

—

19 2 9

3 .6 0

3 .6 0

—

19 3 0

3 .2 9

3.2g

+ .0 1

19 31

3 -3 ^

301

+ .03

19 3 2

3 .6 8

3 .6 5

+ .03

1933

301

301

—

193 H

3 .1 2

3*io

1935

2.79

2 .7 0

+ .09

19 3 6

2 .6 5

2 .^ 7

+ .18

1937

2 .6 8

207

+ .11

19 3 8

2 .5 7

2.38 2/

+ .1 9 2 /

,

....

ii

OJ
O*

3 .6 S

+

2/

Difference

19 2 6

t
t
1/

Old
average 2 /

...... -

Based upon daily yields of all Treasury 'bonds not due or
callable for twelve years or more.
Based upon daily yields of all Treasury bonds not due or
callable for eight years or more.
First ten months of 1938.

Table I

Average Yields of all Treasury Bonds not Due or Callable
for Twelve Years or More
(Percent)
Average of dally figures* Yield to earliest call date
if market price is above par; to final
maturity date if below par*
5

1926

January

3

February
March
April

3
3

3*77
3*71
3*71
3*70

May

s

June

i

July

s
:

♦
;

3

;

August

5 1927
t

3*67
3*^7
3.68
3*70

9

♦

3
3
3

:
8

:
s

:
:
:

3*82

:
:
:

3*58

8

Tear

s
;

3 .6 8

:
t

January
February
March
April

3

3
3

3*31
3*3^
3.36
3*32

9

September
October
November
December

•
«

3*51
3*^8
3*37
3*35

3*70
3*88

1932

•
#
•
•
e
e

3*30
3*29
3*23
3*17
3.3*1

1933

3 3*22

4
4
4
4

5 192s
•
:

1929

1930

•

3*18
3*19
3*17
3*20

3*52

3.^3

:
J
3
i
3

i

:
♦
:
8
3
8

:
:

3 .6 2

3.U1

3 . 7 *»
3. & i

3*29
3*37

3.2*1
3*29
3«*12
3*^8

3.6*1

3*31
3*25
3*25

3* **8
3*^7
3*38
3*%

3*70

3.61»
3*71

3 .6 1

3*33

4
4

4

4

9
4

September
October
November
December
Year

f

3*50
3*32
3*20
3*11

3.26

J

3.16

3 .2 7

3

3*13
3 *15

3 .21»
3*21

3*25

3 .6 0

3.29

3*22

3 .6 3
3 .6 3

3*93
3.3*1

4

4

4

4

4

1937

1938

2 .6 5

4
4

2.H7
2.1*6
2.60

4
4

2.80

2.62

2.76
2.76
2.72
2.65 •
4
2.61 44 2.72

2.51
2.52
2.52
2.51

4

8 2.88 3 2.80
8 2*79 3 2.77
3 2.77 3 2 .71
s 2.7*1 i 2.68

4

4

i

9.

%

9

3 .3 0

1

4

May
June
July
August

3*20

s

3.18

3*19

4.11
3*31
$ 3*92 f• 3.42
3.68 3 3.112
«
5
3.76 3 3.30 § 3*02 : 2.72 i
3.76 f• 3.21 f 2,98 t 2.72 3
3.58 « 3*20 1# 2.92 : 2.69 3
• 3.21 3 3*03 8 2.76 s
3*% f
»
t
j
3.1»2 3 3.19 3 3*20 3 2.85 8
» 3.22 3 3.10 3 2.85
3-^3 %
4
3 .1*6 9 3*07 8 2.83 t
3.115
3*35 3 3.5 3 3 3*01 3 2.83 !
e
8
?
3.68 4 3*31 3 3*12 3 2.79 3
•
§
e
e
3
.'
e
•

i

3 .2 6

3*35
3.36

1 9 3 5 •: 1936
193 H :
•

4
4

4
4

3.69

1931

4
4
4
4
4
4
4
4

2.61*

4

2.66

9

2.65

4

2.60
2.62
2.53
2.51

4
9
4
9
3
•
•
4
4
4

2.65

4

4
4
4
4

2.77

2.76
2.71
2.67
2.68

2 . 5S
2 .4 8

O

The Treasury Department released today revised monthly and
annual averages of the yields of long-term Treasury bonds from 1926
to date*

The revised averages, prepared hy the Treasury Department *8

Division of Research and Statistics, are based tcpon the daily yields
of all outstanding Treasury bonds not due or callable for twelve
years or more*

The new averages will replace those previously in

use which were based upon Treasury bonds not due or callable for eight
years or more*
Prior to 1 9 3 5 * there was very little difference between the
yields of Treasury obligations of medium- and longer-term maturities.
Since then, however, significant differences have appeared, thereby
impairing the usefulness of the earlier averages as representative of
the yields of long-term Treasury bonds*

r\L

averai

The most striking aspect of the table o f average yields presented
on the following page is the substantial decline in long-term interest
TL m
rates that^is~re?lected^ The average yield in January 1 9 2 6 was 3*77
percent*

In October 1938» it was 2**16 percent.

The monthly and yearly averages of the daily yields of all Treasury
bonds not due or callable for twelve years or more, from January 19 2 6
through

^0

October 1938» ere presented in Table I attached hereto.

The differences between the old and the new averages are shown in
Table II.

The two averages were based upon the identical bonds between

January 1, 1 9 2 6 and July l6, 1928.

TREASURY DEPARTMENT
Washington
FOR RELEASE, MORNING- NEWSPAPERS,
Sunday, November 6, 1938.
11/5/38.

Press Service
No. 15-22

The Treasury Department released today revised monthly and annual
averages of the yields of- long-term Treasury bonds from 1926 to date*

The

revised averages, prepared by the Treasury Department!s Division of Research
and Statistics, are based upon the daily yields of all outstanding Treasury
bonds not due or callable for twelve years or more.

The new averages will

replace those previously in use which were based upon Treasury bonds not
due or callable for eight years or more.
Prior to 1935, there was very little difference between the yields
of Treasury obligations of medium« and longer-term maturities*

Since then,

however, significant differences have appeared, thereby impairing the use­
fulness of the earlier averages a.s representative of the yields of long-term
Treasury bonds*
The most striking aspect of the table of average yields presented
on the following page is the substantial decline in long-term interest
rates that is reflected even with the exclusion of the medium-term bonds.
The average yield in January, 1926, was 3*77 percent.

In October, 1938*

it was 2.48 percent.
The monthly and yearly averages of the daily yields of all Treasury
bonds not due or callable for twelve years or more, from January, 1926*
through October, 1938, are presented in Table I attached hereto.

The

differences between the old and the new averages are shown in Table II.
The t?;o averages were based upon the identical bonds between January 1,
1926 > and July 16, 1928.

Table I
Average Yields *f all Treasury Bonds not Due or Callable
for Twelve Years or More
(Percent)
Average of daily figures. Yield to earliest call date
if market price is above par; to final
maturity date if below par»

1926

1927

1928

1929

1930

1931

January
February
March
April

3.77
3.71
3.71
3.70

3.51
3.48 1
3.37
3.35

3.18
3.19
3.17
3.20

3.52
3.62
3.74
3.64

3.43
3.41
3.29
3.37

3.20
3.30
3.27
3.26

May
June
July
August

3.67
3.67
3.68
3.70

3.31
3.34
3.36
3.32

3.24
3.29
3.42
3.48

3.64
3.69
3.64
3.71

3.31
3.25
3.25
3*26

3.16
3.13
3.15
3.18

September
October
November
December

3.70
3.68
3.62
3.56

3.30
3.29
3.23
3.17

3.46
3.47
3.38
3.45

3.70
3.61
3.35
3.36

3.24
3.21
3.19
3.22

3.25
3.63
3.63
3.93

3.68

3.34

3.33

3.60

3.29

3.34

: 193 2

193 3

1 9 34

1 9 35

1936

1937

1938

J an ua ry
Februa ry
March j
April

4.26
4.11
3.92
3*68

3.22
3.31
3.42
3.42

3.50
. 3.32
3.20
3.11

2.88
2.79
2.77
2.74

2.80
2.77
2.71
2.68

2.47
2.46
2.60
2.80

2.65
2.64
2.64
2.62

May
June
July
August

3.76
3.76
3.58
3.45

3.30
3.21
3.20
3.21

3.02
2.98
2.92
3.03

2.72
2.72
2.69
2.76

2.66
2 .66
2.65
2.61

2.76
2.76
2.72
2.72

2.51
2.52
2.52
2.51

September
October
November
December

'Z AO
O
3.43
3.45
3.35

3.19
3.22
3.46
3.53

3.20
3.10
3.07
3.01

2.85
2.85
2.83
2.83

2.60
2.62
2.53
2.51

2.77
2.76
2.71
2.67

2.58
2.48

Year

3.68

3.31

3.12

2.79

2.65

2.68

i

Year

Table II
Comparison of New and Old Averages of Yields
of Long-Term Treasury Bonds
(Percent)

New
average 1/

TJ
2/
2/

Old
average 2/

Di.fference

1926

3.68

3.68

1927

3.34

3.34

—

1928

3.33

3.33

—

1929

3.60

3.60

—

1930

3.29

3.28

4* .01

1931

3.34

3.31

+ .03

1932

3.68

3.65

4. .03

1933

3.31

3.31

—

1934

3.12 '

3.10

-fr .02

1935

2.79

2.70

+ .09

1936

2.65

2.47

+ .18

1937

2.68

2.57

f .11

1938

2.57 2/

'2.38 2/

•+ .19 2/

Based upon daily yields of all Treasury bonds not due or
callable for twelve years or more.
Based upon daily yields of all Treasury bonds not due or
callable for eight years or more#
first ten months of 1938.

■o0o~

TREASURY DEPARTMENT
U.S. Public Health Service
Washington
JOR RELEASE, AFTERNOON NEWSPAPERS,
Monday, November 7, 1958.____ _ _

Press Service
15-23

1 1 /5 /3 8 .
Recognizing the toilet rooms operated in connection with gasoline
filling stations as a public convenience whose sanitary condition may have
important effects on the public health, the United States Public Health
Service today commended the high standards which a number of the leading
oil companies have adopted in the maintenance of these facilities.
At the same time, for the benefit of others, including the patrons
of these rest rooms, the Service outlined what it regards from the health
standpoint as the primary requirements for tlieir maintenance*

The require­

ments, which accord with the practice of the best oil company chains of
stations, emphasize that there is no substitute for the fundamental sani­
tary practice of scrupulous cleanliness.
A seven—point program for a satisfactory "rest station" follows;
(1)

Use split-seat toilets, with surfaces of non-porous material.

(2)

Eor cleanliness, depend solely upon thorough manual cleansing

by means of soap, water and plenty of "elbow grease".
(3 )

Use of deodorants and disinfectants imparts a false senee of

security, often substitutes one odor for another, and is considered un­
necessary.

In the event there is a spilling of urine around the base of

the bowl or urinal, a dilute solution of formaldehyde, in addition to
mechanical cleanliness, may be used
(4)

at times.

The temperature of toilet rooms should be lower than that of

living rooms, but not cold enough to chill persons using the facilities.
Provision should be made for fool proof, constant ventilation*

2

(5)

~

Hot running water, paper towels and liquid or powdered soap

from dispensers should he supplied;

a receptacle supplied for used towels#

periodic emptying of the used towels should "be an important part of the
service.
(6)

Paper drinking cups or a "bubbler should "be provided outside of

the room in which the toilet and washing facilities are provided.

This

enables closer supervision of these facilities and makes the drinking of
water more inviting.. Provisions should be made- for collection and disposal
of used paper cups so that an eye-sore may not be created by an untidy
overflow.

If a drinking fountain is provided, there should be frequent

supervision and cleansing by a reliable attendant.
(7)

Ifo sanitary device or appliance is self-maintaining# Therefore.,

the human factor is intimately involved, and unless there is an earnest
desire and intent to maintain the appliance at its required efficiency, an
unpleasant, even detrimental condition will inevitably arise.

— 0 O0—

PRESS RELEASE

The Commissioner of Customs today announced that preliminary
reports from the collectors of customs show total imports of
38,593,535 pounds of white or Irish certified seed potatoes, under
the quota provisions of the Canadian Trade Agreement, during the
period December 1, 1937 to November 5, 1938.
This total represents 85.8 per cent of the quantity allowable
under the tariff rate quota on importations of this commodity for
the twelve-month period ending November 30, 1938.

TREASURY DEPARTMENT
Washington

FOR IMM E D I A Œ REI®ASE,
Monday, Hcvoribor

'

Press Service

7,1938.

H o - 15-24

The Commissionor of Customs today announced that preliminary reports
from the collectors of customs show total imports ot 38,593,535 pounds of
white or Irish certified seed potatoes, under the

quota

provisions of the

Canadian Trade Agreement, during the period December 1, 1937, to November 5,
1938.

' .'
This total represents 85.8 per cent of the quantity allowable under

the tariff rate quota on importations .of this commodity for tho twolvemonth period ending November 30, 1938.

c0o~

IMPORTATIONS OOP OATHS » CREAM AND CERTIFIED SEED POTATOES
UNDER THE QUOTA PROVISIONS OF THE CANADIAN TRADE AGREEMENT
Preliminary Figures as of October 29» 1938

Customs District

f* Dec# 1,1937\
1
January 1 to October 29# 1938
I Oct# 29, 19!
Ï
•
« CATTLE ï CATTLE 700# : DAIRY COWS #
♦ HEST'or iris
#
•
: UNDER 17!»# : OR MORE : 700# OR MORE : CREAM m SEED POTATO®
•
(Pounds)
; (Bead) * <H9ad> i. (m**)__ : (Gal#} #
5,011
0.3$

86,076
55#2#

5,730
28.H

FROM CANADA
cm
Alaska
5,781
Buffalo
Chicago
181
Dakota
1
Duluth It Superior
as
Florida
112
Maine & N# II#
•
Massachusetts
47
Michigan
1,455
Minnesota
89
Montana & Idaho
18,557
New York
Qmeftii
•
Oregon
cmPhiladelphia
5,586
St# Laurence
559
Vermont
•
Virginia
3.432
Washington
Total from Canada 35,800

*
10,593
404
2,755
33
•
35
111
2,962
26,232
2,361
622
21
159
•
557
229
•
3.591
50,665

4
43
cm
1
*
503
42
1
cm
26
1,182
3,598
«*
330
5,750

•
202
»
94
•
.•
»
-4M
**
CM
cm
cm
20
4,252
cm
<§»572

FROM MEXICO
Arizona
El Faso
San Antonio
San Diego
Total fron Mexico

752
803
570
10
2,135

9,771
20,049
3,633
1.958
55,411

♦
cm
♦
cm
cm

«V
*
•
»

cm

m

cm

439

TOTAL IMPORTS
Percent of Quota

FROM OTHER COUNTRIES
Puerto Rico

37,935
73.0*

4

38,187,830
Si.tf
f]
160,770
•
109,500
40,380
8,369,779
4,144,511;
4,000,714
1,356,290
el
*1
18,774,844
el
el
4151
M
800
40,260
761,0441
12f700j
38,18W

(Prepared by Division of Statistics and Research, Bureau of Custom*}

m s s BBL&ftSS

the Cmsiaissioaer of Customs today

announced

for imports of cattle» cream and certified

seed

preliminary

potatoes *

figures

under

the

quota provisions of the Canadian Trade ¿igreeiaent» as of October 29»
1938» and the percentage that such imports bear to the totals
allowable under the quota provisions» as follows:

TREASURY DEPARTMENT
Washington

Î0R IMMEDIATE RELEASE,
Tuesday, November 8, 1938.

p ress Service
No. 15-25

The Commissioner of Customs today announced preliminary figures for imports
of cattle, cream and certified seed potatoes, under the quota provisions of the
Canadian Trade Agreement, as of October 29, 1938, and the percentage that such
imports bear to the totals allowable under the quota provisions, as follows:
'•
•
•
•
-t
•
Customs District

January 1 to October-29, 1938
CATTLE
5 CATTLE 700# ï DAIRY COWS
. : UNDER 1 7 5 # ::
OR MORE
: 700# OR MORE
*•
(Head)
•
•
(Head)
:
(Head)
:

TOTAL IMPORTS
Percent of Quota
PROM CANADA
Alaska
Buffalo
Chicago
Dakota
Duluth & Superior
Florida
Maine & N.H.
Massachusetts
Michigan
Minnesota
Montana & Idaho

37,935
73.0$

5,781
—
181
1

86,076
55,2#

10,593
404
2,755
33

5,730
28.7$

4
43
1
503
42
1
26
-

•
•
:
:

Dec.1,1937 to
Oct.29,1938
WHITE OR IRIS}
CREAM ' SEED POTATOES
(Pounds)
(Gal.)
5,011
0.3$

4
202
94
«
**

38,187,830
84.9$

160,770
109,500
40,380
8,369,779
4,144,511
4,000,714
1,356,290
-

3,432
35,800

3,591
50,665

330
5,730

20
4,252
■4,572

PROM MEXICO
Ari 2o na
El Paso
San Antonio
San Diego
Total from Mexico

752
803
570
10
2,135

9,771
20,049
3,633
1,958
35,411

—
-

-

M
«
-

—

439

**

O
ÎV

—
5,586
559

tei
CD

Omaha
Oregon
Philadelphia
St, Lawrence
Vermont
Virginia
Washington
Total from Canada

35
111
2,962
26,232
2,361
622
21
159
—
557
229

EROM OTHER COUNTRIES
Euorto Rico

112
47
1,455
89
18,557

m
—

*+
1,182
3,598

18,774,846

**
415,316
800
40,280
761,944
12,700
38,187,830

-

-

z

-

W
_
■
— ^
,, , , .......... ....... |T....J..^.M ....»^.^^J,^,.,,^,,.,T
«iJvlBfP'Aqd Silver Certificates, these being the chief types of pagiw^inoney
used to conduib^^he country*s business.

United State

:es of two- and

f ive-dollar
Owing to an appreciable gajyp^S*4he volume of busimss, money cir­
culation has increased^pisi^fcent months to a po3Hitess(4^rger than aiy in
history w it^fefe€exc ept io n of the abnormal situation thate3?5wbsfe4 in the

1-,1jvi|j Mm firmr.FTiiT1iT»1T'"“Tn'~¥nmrTHT“1"1'
Because of the heavy demand for papef money as

ill as

a no. stamps produced at the Bureau, tn|^^reasury Department

eurities
nd it neces-

sary to ii^gurate the f u l l tim e n i ^ h t N ^ i f t .
^ D ^ r i n g th^5fiscal year 1957, the Bureau Produced in currency
$5,798,204,000, including $2,407,980,000 in Federal Reserve Notes,
$1,166,700,000 in Silver Certificates and $225,524,000 in United States
Notes.

Director Hall estimated the total production of paper money for

the year ending June 50, 1959, at $
Federal Reserve Notes $ /#

%

/#,

d

^ including
. Silver Certificates^ /

ani United States Notes $_

L total

production of securities for the 1957 fiscal year amounted

to $18,588,519,400, and for the current fiscal year will be approximately
$ ^

0

®0

Stamp production for the 1957 fiscal year

numbered ^27,954,887,556, and for the current year will be approximately

— oOo—

FOR IMMEDIATE RELEASE,
Wednesday, November 9 , 1938.

Secretary Morgenthau today announced the ad d ition o f two evening

7,* ^ ^

”

.bouge __ | to 9 p.m. — to th e periods in which th e Bureau of Engraving
and P rin tin g w ill be open to the p u b lic.

The new schedule fo r th e fiv e

days each week the p lant operates w ill become e f f e c t iv e Monday, November

.

21

A lvin W. H a ll, D irecto r of the Bureau, said th e new period, supple­
menting the p resent 9 to 11 a.m . and 1 to 2 .3 0 p.m. schedule, w ill afford
in sp e ctio n op p ortu n ities to hundreds o f school ch ild ren and weekend tourists
who, because of the Bureau*s f u l l Saturday h olid ay , have been unable to
v i s i t the bu ild in gs where currency, postage and ta x stamps, s e c u r itie s and
o f f i c i a l documents are produced fo r the Government.

i

The new hours, said D ireptor H a ll, w ill mark th e f i r s t time in the
Bureau*s h is to ry th a t v is i t o r s w ilt-fee admitted a t n ig h t.

They are made

p o s s ib le , he explained, by th e i n i t i a t i o n of a ■fuH •■faun© night s h i f t for
th e remainder o f th e cu rren t f i s c a l y e a r, which ends June 30, 1939.
V is ito r s a t the Bureau w ill be greeted by-trained guides qu alified
to ex p lain the various p rocesses in the p rin tin g o f money and other officiopaper.

Thousands of Washingtonians and t o u r is ts from every S ta te in the Mtioj

v i s i t th e

every y e a r.

The great bulk >6* money in c ir c u la tio n - a l l except the coins - is
p rin ted a t the
about $6,670,0(

of Engravipg and P rin tin g .

Witmortirrent

c ir c u la t io n

inni w ell over 1 5 ,5 0 0 ,0 0 0 ,0 0 0 of i t / i s \ i n Federal

R e se rv e

TREASURY DEPARTMENT
Washingto n

FOE. IMMEDIATE RELEASE,
Wednesday, November 9, 1938,

Press Service
No. 15-26

Secretary.Morgenth.au today announced the addition of on evening period —
7:30 to 9i00 p.n. —

to the periods in which the Bureau of Engraving and Print­

ing will bo open to the public.

The new schedule for the five days each week

the plant operates will become effective Monday, November 21.
Alvin W, Hall, Director of the Bureau, said the now period, supplementing
the present 9500 to 11:00 a.m. and 1:00 to 2:30 p.n. schedule, will afford in­
spection opportunities to hundreds of school children and weekend tourists who,
because of the Bureau*s full Saturday holiday, have been unable to visit the
buildings whore currency, postage and tax stamps, securities and official docu­
ments are produced for the Government.
The new hours, said Director Hall, will nark the first time in the Bureau*s history that visitors have been admitted at night.

They are made possible,

he explained, by the initiation of a night shift for the remainder of the current
fiscal yoar, which ends June 30, 1939.
Visitors at the Bureau will bo greeted by trained guides qualified to
explain the various processes in the printing of money and other official paper.
Thousands of Washingtonians and tourists from every State in the nation visit
the Bureau every year.
During the fiscal year 1937, the Bureau produced in currency
$3,798,204,000» including $2,407,980,000 in Federal Reserve Notes, $1,166,700,000
in Silver Certificates and $223,524,000 in United States Notes,

Director Hall

estimated the total production of paper money for the year ending June 30, 1939,
at $3,810,000,000, including Federal Reserve Notes, $1,765,000,000: Silver Cer­
tificates, $1,750,000,000: and United States Notes, $295,000,000,

- 2 -

The total production of securities for the 1937 fiscal year anointed to
$18,388,319,400, and for the current fiscal year will "be approximately

$20,000,000,000.

Stamp production for the 1937 fiscal year numbered

27,934,887,356 stamps, and for tho current year will bo approximately
30,000,000,000 stamps.
— o0o*-~

IMPORTS OF DOUGLAS FIR AND WESTERN HEMLOCK UNDER THE
QUOTA PROVISIONS OF THE CANADIAN TRADE AGREEMENT
Prelim inary Fig u res fo r the Period January 1 to October 2 9 , 1938

Customs D is t r ic t
TOTAL IMPORTS
P ercent o f Quota

; Sawed Timber and Lumber Not S p e c ia lly Provided For
MIXED FIR : TOTAL FIR
WESTERN
: DOUGLAS
?
& HEMLOCK
& HEMLOCK
HEMLOCK '
:
FIR
:
(Bd. F t . )
: (Bd. F t.)
: ( B d .F t .) :
(Bd . F t .)
2 6 ,8 0 3 ,0 7 4
8 1 ,6 4 8 ,6 3 4
_________________________

3 0 ,8 3 0 ,6 5 7

139,282,365
55.7$

846,638
38,059
2 ,2 4 1 ,3 4 0
3 ,2 4 1 ,0 7 3
346,949
1 4 ,0 9 6 ,7 8 8
298,263
4 ,2 7 1 ,8 6 7
668,879
150,598
95,700
506,920

59,352
19,223
750,082
2 9 ,9 5 2 ,5 2 5
150
4 9 ,3 2 5

537,391
2,389,537
67,829
3,358,795
17,630,243
11,859,843
1,734,227
25,366
18,281,636
106,178
22,811,686
393,080
15,084
29,965,769
17,112,500
1,199,762
37,847
21,117
461,095
388,127
10,885,253

FROM CANADA
Alaska
B u ffalo
Chicago
Connecticut
Dakota
Duluth & Superior
Hawaii
Iowa
Los Angeles
Maine & N. H.
M assachusetts
Michigan
Montana & Idaho
New York
P h ilad elp h ia
Rhode Islan d
S t . Lawrence
S t . Louis
San Francisco
Vermont
Washington

537,391
1 ,4 8 3 ,5 4 7
48,606
3 ,3 2 0 ,7 3 6
1 5 ,3 8 8 ,9 0 3
8 ,6 1 8 ,7 7 0
1 ,7 3 4 ,2 2 7
25,366
1 7 ,1 8 4 ,6 0 5
106,178
8 ,7 1 4 ,8 9 8
94,817
15,084
13,244
1 2 ,84 0 ,6 3 3
530,883
37,697
21,117
310,497
292,427
10 ,3 2 9 ,0 0 8

(Prepared by D iv ision o f S t a t i s t i c s and R esearch, Bureau o f Customs)

PRESS RELEASE
The Commissioner o f Customs today announced prelim inary
fig u re s f o r imports o f Douglas f i r and Western hemlock , under the
quota provisions o f the Canadian Trade Agreement, as o f October 29,
1938, and the percentage th a t such imports bear to the t o t a l
allow able under the quota p ro v isio n s, as fo llo w s:

TREASURY DEPARTMENT
Washington

Press Serri co
No. 15-27

POR RELEASE, HOMING- NEWSPAPERS,
Thursday, Nove.;.'her IO, 1938.
[Û9-38

The Corini s si oner of Gustons today announced preliminary figures for inports
bf Douglas fir and Western hemlock, under the quota provisions of the Canadian
Grade Agreement, a,s of October 29, 1938, and the percentage that such ir.iports hear
fto the total alleviable under the quota previsions, as follows:
L—
Customs District

pOIAL IMPORTS
i Percent of Quota

: Sowed Timber and Lumber Not Specially Provided For
: TOTAL FIR
WESTERN
: MIXED FIR
: DOUGLAS.
:
: Sc HEMLOCK
HEMLOCK
: & HEMLOCK
:
FIR
:
(Bd.Ft.)
: (Bd. Ft.)
(Bd.Ft.)
:
: (Bd.Ft.)
:
81,648,634

26,803,074

30,830,657

846,638

59,352
19,223

139,282,365
55.7 $

POM CANADA
| Alaska
Buffalo
! Chicago
Connecticut
Dakota
Duluth & Superior
Hawaii
Iowa
Los Angeles
Maine & N •H.
Massachusetts
Michigan
Montana & Idaho
Hew York
Philadelphia
Rhode Island
St. Lawrence
St. Louis
Son Francisco
Vermont
Washington

537,391
1,483,547
48,606
3,320,736
15,388,903
8,618,770
1,734,227
25,366
17,184,605
106,178
8,714,898
94,817
15,084
13,244
12,840,633
530,883
37,697
21,117
310,497
292,427
10,329,008

-

38,059
2,241,340
3,241,073
346,949
14,096,788
298,263
—
4,271,867
668,879
-

A
150,598
95,700
506,920

— oOo—

«

750,082
29,952,525
150
49,325

537,391
2,389,537
67,829
3,358,795
17,630,243
11,859,843
1,734,227
25,366
18,281,636
106,178
22,811,686
393,080
15,084
29,965,769
17,112,500
1,199,762
37,847
21,117
461,095
388,127
10,885,253

im & st

I* U ogrU ,

following

of Cuntáis«, «Mte p v to lU tfe*

of today1 » 4 *%** «*Mà lio 4 ©«paich©d to &iX eol-

ioetoro o í «i»tiw i*i
«Btet© Í^pfeH sm t hariag today «iiammo«*! to ïr o s ^ r / B opartrsat a
sl^ago of JurU d iotiott l m

C»©efco®lor®k to m rw & tm tfeos« Ä I «

os*ooó aow uotlor Clorosa ©©©upait osi, produot# of tlMMMl §.##fiii ©rjiorioâ

fro® oa^ ©©sultry #© 03? a fto r If-ov^asfeof*' $0, X93S ^ste /ll h® r#gâï*d«â a#
ptodttoi* o f dOMMp fot' Oto#

Of Ü*0 ftfUMSC ptotlolooio of

th# T a riff â o i o f l$3Q s&â fo r dNiioraiain# «pplieafcl« r* i* * o f ¿tetar*

^ch «romo «r« to bo rofardod *0 pari« of Oora^r «a *»d oftor
WmrmUr 10„ Ifljtf^for io^mtoiaf á*rt*t of asportati©» for curtos*
purporo#» dv© i^p # rio rs; o li poo^iüo

1/

smsììoo *

TREASURY DEPARTMENT
Washington

FOR IMMEDIATE RELEASE,
Wednesday» November 9, 1938•

P r e s s S e r v ic o
No. 15-28

.J70;.

Janes H. Moyle, Commissioner of Customs, made public the following
telegram cf today*s date, which ho despatched to all Collectors of Customs
"State Department having today announced to Treasury
Department a change of jurisdiction from Czechoslovak to
German in those Sudeten areas now under Corner occupation,
products of those areas exported from any country on or after
November 10, 19.38, shall be regarded as products of Germany
for the purposes cf the narking provisions of the Tariff Act
of 1930 and for determining applicable rates of duty.

Such

areas are to be regarded as parts of Germany on and after
November 10, 1938, for determining dates of exportation for
customs purposes.

Give importers all possible notice."

— oOO'

TREASURY DEPARTMENT
U. S. Public Health Service
Washington

FOR RELEASE, AFTERNOON NEWSPAPERS,
Friday, November 11, 1938.
11-10-38

Press Service
No. 15-29

From director and two attendants stationed in a single Marine Hospital
room at Staton Island, to director plus 728 assistants (and 168 active, non­
resident consultants) housed in six vast buildings in a 60-acre greenwood
near Washington, D.0* —

such has been the physical growth of the National

Institute of Health, major research division of the United States Public
Health Service, in the half-century since its founding in 1887.
While the Institute is its most important research laboratory in size
and number of employees, it must not be thought of as the only such laboratory
conducted by the Service.
nA number of temporary laboratories have been set up in the field for
various investigations,11 explained Dr. A. M. Stimson, Medical Director, United
States Public Health Service, in A Brief History of Bacteriological Investiga^
tions of the United States Public Health Service, (Supplement 141 to the
Public Health Reports), nand the Marine Hospitals are all provided with clini­
cal laboratories in some of which research has been conducted.
HIn addition, a plague laboratory has been maintained almost continu­
ously in San Francisco since the first outbreak of plague there.

A laboratory

for the study of spotted fever and other diseases, at Hamilton, Montana, has
teen in almost continuous operation since the Service became interested in
spotted fever in that state; and a laboratory for the exclusive investigation
of stream pollution and sewage disposal has been in operation at Cincinnati
for many years*

Research work on leprosy has been conducted at Honolulu, the

island of Molokai, and the leprosarium at Carville, Louisiana*n

Laboratories for tho investigation of malaria are located at Columbia,
S.C«* end Savannah, Ga*

Recently a laboratory for investigation of yellow

fever problems has boon established in Miami, Fla.
Throughout his detailed description of public health problems investi­
gated inside and outside of those laboratories, Dr* Stimson has woven into
his review of fifty years of medical progress a background of history of men
and institutions which makes.the report a valuable and interesting handbook both
to the layman and scientist*

Thirty-eight separate divisions take up the

bacteriological work done by Public Health Service researchers in fields vary­
ing from »Anaphylaxis,*» (the causes and prevention of reactions to inoculation)
through »Anthrax,n »Leprosy,» »Milk,» and »Fsitticosis,» to »Shellfish.»

In

connection with each division, references are given both to the scientists
mainly concerned in the studies and their major contributions.
Under the heading »Plague,» is retold the story of »the sordid and dis­
tressing annals lasting over many months, extending to the city and State
governments, into local politics, the press, the agencies of the law, and even
threatening international complications.»
»It is thus within the power of a few microscopic plants on a glass
slide, granted certain antecedents,» says Dr. Stimson, »to cause such upheav­
als in the affairs of man.

The health agencies appear from tho record to have

cone through the melee with at least honor unimpaired, but the political
agencies and the press made but a poor showing in the cause of public service.
Even the la?/, which wo must not criticize, gave an example of how decisions
arrived at, presumably in accordance with its rules and traditions, may pro­
tect undeserving persons and do the public an enormous disservice.»

- 3 -

Longer sections are devoted to "Water," and '’Control of Biologies#11
The first reviews the important part the Service has played in "bringing about
v

measures responsible for the marked reduction in water-borne diseases since it
began its studies in the early 18901s.

The latter deals with those "bacter­

iological activities incidental to the'legal control of the manufacture and
sale of products used in the prevention and treatment of human diseases, such
as serums, vaccines, viruses, and the like."

Subsscttcna here take up matters

of anaphylaxis in further detail, and. unconfirmed "cures."
"Yellow fever," Dr. Stimson declared, "was familiar to officers of the
Marine Hospital Service previous to its reorganisation (as the Public Health
Service) as a visitation which they encountered in their tours of duty at
Atlantic and Gulf coast stations and on the Mississippi River.

They witnessed

it, diagnosed it on clinical evidence, treated it, some of them contracted it,
and a few died of it#

It was, however, a medical rather than a public health

problem with them until after the reorganization of the Service in 1870, and
especially after the quarantine acts of 1890 and 1893, when it became a re­
sponsibility and a nightmare#"
There follows a brief history of this once-terrifying scourge which
first appeared on American soil in 1668.
The record ends with a passing tribute to the names of six obscure
Service, doctors who died of yellow fever, martyrs to science "at the very be­
ginning of their medical careers."
— oOo—

IMPORTS OF COMMODITIES FROM THE PHILIPPINES UNDER QUOTA.
PROVISIONS OF PHILIPPINE INDEPENDENCE ACT AND CORDAGE ACT OF 1935
Preliminary Figures, as of October 29, 1938

r
Customs District
TOTAL IMPORTS
Percent of Quota
Chicago
Galveston
Hawaii
Los Angeles
Maryland
Massachusetts
New Orleans
New York
Oregon
Philadelphia
Puerto Rico
Rhode Island
San Antonio
San Francisco
Virginia
Washington

January 1 to October
REFINED
: COCONUT OIL : SUGAR
(Pounds)
: (Pounds)

29, 1938
•: UNREFINED
:
SUGAR
(Pounds)
:

May 1 to Oct
: 29, 1938
; CORDAGE
't (Pounds)

285,166,287 104,145,586 1,689,123,157
63.7%
93.0%
94.3%
24,838
8,823,954
2,595,580
49,941,402
44,176,460
149,544,037
7,316,920
89,594

-

22,894,742
«
-

28,112,740
-

-

15,773
806,576
170,425,036
65,511,770
238,018,584
706,792,843
154,547
469,659,095

-

-

-

-

-

-

-

21,981,154
-

672,348

-

53,138,104

-

37,244,366
-

494,567

935,440
15.6%
38,445
2,209
92,560
163,217
-

10,832
184,922
•
12,704
59,483
30,472
5,171
313,682
10,448
11,295

(Prepared by Division of Statistics and Research, Bureau of Customs)

PRESS RELEASE

The Commissioner of Customs today announced preliminary
figures for imports of commodities coming into the United States
from the Philippine Islands under the quota provisions of the
Philippine Independence Act, during the Period January 1 to
October 29, 1938, and under the Cordage Act of 1935, during the
period May 1 to October 29, 1938, also the percentage that such
imports bear to the totals allowable under the quota provisions,
as follows:

TREASURY

DEPARTMENT

Washington
I FOR IMMEDIATE RELEASE,
I Thursday, November 10, 1938.

Press Service
No. 15-30

The Commissioner of Customs today announced preliminary figures for imports
I of commodities coming into the United States from the Philippine Islands under
I the quota provisions of the Philippine Independence Act, during the period
I January 1 to October 29, 1938, and under the Cordage Act of 1935, during the
I period May 1 to October 29, 1938, also the percentage that such imports bear
to the totals allowable under the quota provisions, as follows:
; May 1 to Oct
January 1 to October 29, 1938
: REFINED
: UNREFINED : 29, 1938
SUGAR
:
CORDAGE
: COCONUT OIL
:
SUGAR
:
(Pounds)
: (Pounds)
: (Pounds) :
!
(Pounds)
;
•
•

Customs District

TOTAL IMPORTS
Percent of Quota
Chicago
Galveston
Hawai i
Los Angeles
Maryland
Massachusetts
New Orleans
New York
Oregon
Philadelphia
Puerto Rico
Rhode Island
San Antonio
San Francisco
Virginia
Washington

285,166,287
63.7 $

104,145,586 1 ,689,123,157
94.3$
93.0$

—

—

24,838
8,823,954
2,595,580
49,941,402
44,176,460
149,544,037

-

22,894,742
—
—
-

28,112,740
7,316,920
89,594

—
—

15,773
806,576
170,425,036
65,511,770
238,018,584
706,792,843
154,547
469,659,095
—
—

—
—

-

.

21,981,154

_

37,244,366
—

672,348

53,138,104

— oOo—

494,567

935,440
15.6$
38,445
2,209
92,560
163,217
- .
10,832
184,922
-

12,704
59,483
30,472
5,171
313,682
10,448
11,295

The rays produced by this process, the lethal neutron rays, were found
early to have a sharply different effect on animal tissue cells than the X-rays,
and it was this difference that led to the present clinical investigations.
The X—ray produces ionization in the biologic cells by liberating high-speed
electrons from atoms, while neutrons, being tiny, dense particles of neutral
matter, pass right through the electron clouds of atoms and ionize only by mak­
ing collisions with the correspondingly dense nuclei of atoms.
This capacity to change cell structure is what gives both the x—ray
and the neutron ray their therapeutic value.

But in animal experimentation

it was found that the change produced by the neutron rays under close contiol of
the laboratory scientists was definitely different than that produced by the
x—ray.
The question of the neutron rays supplanting the X —ray has been left for
the future to decide, in the opinion of the medical men.

They see, however,

the strong possibility of the cyclotron becoming a definite radiation adjunct
in the major hospitals as well as in the Universities of the land.

According

to Dr. E. 0. Lawrence, such installation in a modern hospital would involve no
more expenditure than the installation of the present elaborate Xray equipment.
However, before such a plan is feasible, he said, cyclotron experimentation
must be further advanced

TV
-

2

-

"The indications of advantageous properties of the neutron ray in animal
experimentation do not justify any conclusion that it will be necessarily more
successful in treating human beings than X —rays", Dr* Lawrence added*

"The only

conclusion that has developed thus far is that this animal experimentation has
now reached the stage where it can apex naturally into human clinical investi­
gations*

It may be months, even years, before the results are known and, until

then, we can offer no additional hope to cancer sufferers*
"Simply stated, we are trying to determine if the neutron ray is more effec­
tive than the X-ray in the treatment of human malignant tumors.

There are in­

dications that it is more effective in the treatment of some of the malignancies
in the smaller animals, but that is all*"
Dr* Lawrence

is the brother of Dr. E* 0. Lawrence, world-renowned physicist

of the University of California, who developed the cyclotron and its neutron ray
to their, present stage.
The rays are produced by

bombarding a target of a light metal^notably

beryllium, with very energetic deuterons, which are the nuclei or ions of heavy
hydrogen.

In

order to produce sufficient intensity of the neutron radiation

from the beryllium target for the purposes of biological work, it is necessary
to bombard the target with deuterons of several million volts energy, because
the production of neutron rays increases rapidly with voltage.
In the University laboratory the deuterons are accelerated to these high
speeds by causing them to spiral around between the poles of a large electro­
magnet under the combined action of the magnetic field and a high frequency os­
cillating electric field.

Thus the ions are accelerated into a drum-like

vacuum chamber, spiralling around inside semi-circular hollow electrodes and
finally emerging at the periphery of the chamber, where they are forced to strike
the beryllium target.

TREASURY DEPARTMENT
U. S. Public Health Service
Washington

FOR RELEASE, I p a
November H , 1938
501-10-38

p>f\
71*!

Medical science in its campaign against cancer and related malignant dis­
ease is directing

9oxmsao&=&few attention to the 85—ton cyclotron or "atom smashing1!

engine, which has been set up at one of the laboratories of the University of
Ualifornia, in Berkeley,
A detailed announcement concerning the workings of this spectacular mechan­
ism, which may prove useful in cancer treatment, vras made today by Dr. Ludvig
Hektoen, executive director of the National Advisory Dancer Council.
Last year, the Council recommended to Dr. Thomas Parran, Surgeon General
of the United States Public Health Service, that a financial grant be made in
the development of the cyclotron, and the sum of $30,000 was allowed for this
purpose*.
A selected group of patients —

taken only from a special list in the

University’s teaching hospital in San Francisco —

have been placed directly

under the cyclotron, so that its amazing penetrating neutron rays may pierce
straight to the malignant mass.

The rays are capable under certain conditions

of killing the fiercely active cancer cells.
Observation of these patients will be continued over a long period of time
and Dr. Hektoen emphasized that the clinical significance of the Berkeley inves­
tigations "remains hidden in the deep doubts of the future."

Experiments will

continue, but only with a few patients, who will be selected solely at the Uni­
versity’s teaching hospital.
In order that false hopes might not be aroused in cancer sufferers, Dr. HeK
toen ^6&fe^tiiat Dr. Robert

S.

Stone and Dr. John Lawrence, physicians in

charge

of the work, had informed him that "it must be emphasized that these treatments
are purely experimental."

TREASURY- DEPARTMENT
U.S. Public Health Service
Washington

FOR RELEASE, AFTERNOON NEWSPAPERS,
Monday, November 14, 1938.

Press Service
No. 15-31

IT-12-38

Medical science in its campaign against cancer and related malignant dis­

ease is directing attention to the 85-ton cyclotron, or •’atom smashing” engine,
which has been set up at one of the laboratories of the University of California,
in Berkeley,
A detailed announcement concerning the workings of this spectacular
mechanism, which may prove useful in cancer treatment, was ma.de today by Dr,
Ludvig Hektoen, executive director of the National Advisory Cancer Council.
Last year, the Council recommended to Dr. Thomas Parran, Surgeon General
of the United States Public Health Service, that a financial grant be made in
the development of the cyclotron, and the sum of $30,000 was allowed for this
purpose#
A selected group of patients 1—

taken only from a special list in the

University *s teaching hospital in Sen Francisco —

have been placed directly

under the cyclotron, so that its amazing penetrating neutron rays may pierce
straight to the malignant mass.

The rays are capable under certain conditions

of killing the fiercely active cancer cells.
Observation of these patients will be continued over a long period of time
ond Dr. Hektoen emphasized that the clinical significance of the Berkeley investi­
gations ’’remains hidden in the deep doubts of the future,”

Experiments will con­

tinue, but only with a few patients, who will be selected solely at the Univer—
sity*s teaching hospital.
In order that false hopes might not be aroused in cancer sufferers, Dr#
Hektoen said that Dr. Robert S, Stone and Dr. John Dawrence, physicians in charge

$ £ -

of the work, had informed him that !,it must he emphasized that these treatments
are purely experimental. H
’’The indications of advantageous properties of the neutron ray in animal
experimentation do not justify any conclusion that it will he necessarily more
successful in treating human heings than X-rays,n Dr. Lawrence added.

nThe only

conclusion that has developed thus far is that this animal experimentation has
now reached the stage where it can apex naturally into human clinical investiga­
tions.

It may he months, even years, before the results are known and, until

then, we can offer no additional hope to cancer sufferers.
ttSimply stated, we are trying to determine if the neutron ray is more
effective than the X-ray in the treatment of human malignant tumors.

There are

indications that it is more effective in the treatment of some of the malignancies
in the smaller animals, hut that is all."
Dr. Lawrence is the brother of Dr. $. 0. Lawrence, world-renowned physicist
of the University of California-, who developed the cyclotron and its neutron ray
to their present stage.
The rays are produced by bombarding a target of a light metal, notably
beryllium, with very energetic deuterons, which are the nuclei or ions of heavy
hydrogen.

In order to produce sufficient intensity of the neutron radiation

from the beryllium target for the purposes of biological work, it is necessary
to bombard the target with deuterons of several million volts energy, because the
production of neutron rays increases rapidly with voltage.
In the University laboratory the deuterons are accelerated to these high
speeds by causing them to spiral around between the poles of a large electro—
n&gnet under the combined action of the magnetic field and a high frequency os—
dilating electric field.

Thus the ions are accelerated into a drum-like vacuum

chamber, spiralling around inside semi-circular hollow electrodes and finally

3

emerging at the periphery of the chamber, where they are forced to strike the
beryllium target,
The rays produced by this process, the lethal- neutron rays, were found
early to have a sharply different effect on animal tissue cells than the X— rays,
and it was this difference that led to the present clinical investigations.

The

X-ray produces ionization in the biologic cells by liberating high-speed elec­
trons from atoms, while neutrons, being tiny, dense particles of neutral matter,
pass right through the electron clouds of atoms and ionize only by making col­
lisions with the correspondingly dense nuclei of atoms.
This capacity to change cell structure is what gives both the X-ray and
tho neutron ray their therapeutic value.

But in animal experimentation it was

found that the change produced by the neutron rays under close control of the
laboratory scientists was definitely different than that produced by the X-ray,
The question of the neutron rays supplanting the X-ray has been left
for the future to decide, in the opinion of the medical men*

They see, however,

the strong possibility of the cyclotron becoming a definite radiation adjunct
in tho major hospitals as well as in the Universities of the land.

According

to Dr, E* 0, Lawrence, such installation in a modern hospital would involve no
nore expenditure than the installation of the present elaborate X— ray equipment.
However, before such a plan is feasible, he said, cyclotron experimentation
oust be further advanced.
— -0 O 0 —

TREASURY

DEPARTM ENT

U. S. P U B L IC H EALTH S E R V IC E

MEMORANDUM
date

FROM:

Philip S. Broughton

TO:

Mr. Schwartz

N o v . 10, 1938

We are returning herewith the re-write on the release on
mortality rates which Dr. Olesen has just approved.
you for your help in this connection.

Thank

TREASURY DEPARTMENT
U. S . P u b lic H ealth S e rv ic e
Washington

/ FOR IMMEDIATE RELEASE
1 1 -5 -3 8

Death r a t e s in th e U nited S t a t e s , -ah' im p ortan t in d ex o f th e s ta t e
•■•n n . , ...

...

o f th e p u b lic h e a lth y J ia v e been lo w est du rin g th e d ep ressio n y e a r s ,
»This somewh9.t'""su rp risS g ~ 'co n d itio n ^ iXa c c o rd in g t o a b u l l e t i n from
th e U. S . P u b lic H ealth S e rv ic e (P u b lic H ealth' R e p o rts , November 4 , 1938),’
"b rin g s up i n t e r e s t i n g s p e c u l a t i o n s mid Tmgge'b Is bhe c o n e id e r a tioja-s f
£* .mi n p r w g a J a l y . i ^ n t r i h n jT T fy ~

.

'

/

j , ,

^ :•L' . ‘ -- N .. -• •, ''
. / .
;
...
"may be mentioned th e absence o f any m ajcnrepidem ics with
i

/

\

| h igh m o r t a l i t y , th e expansion o f p u b lic h e a lth a c t i v i t i e s , th e improvement
’•

\

„

,

m m

-

-

. /

.

;

■

I o f S ta te and l o c a l h e a lth d ep artm en ts, th e i n i t i a t i o n of v a rio u s plans to
I

v

/

p rovide more n e a r ly 'adequate c a r e f o r econom i^/groups l e a s t a b le financially
to s e c u re needed m edicalN ^are and treatm en t^ th e expansion o f h e a lth educat:
a c t i v i t i e s by o f f i c i a l and n o h p f f i c ia J /n e a lt h a g e n c ie s and by p riv a te
p h y s ic ia n s , and th e in c re a s in g i n j ^ e s t m an ifested by p r i v a te medicine
I

in th e m edical needs o f th e lo jrer econd«ri.c grou p s” .
In 1 9 2 8 , th e d eath ra^C in th e r e g i s t r a t i o n a r e a was 1 2 .1 p er 1,000

1 e stim a te d pop ulation,* J^f.9 in 1 9 2 9 , and 1 1 .3 ih 1 9 3 0 .

T his l a t t e r ra te has

| been exceeded o n l y ^ c e s in c e t h a t y e a r — 1 1 .5 i X l 9 3 6 — w hile 1933
I exp erien ced th e .jfowest m o r ta l i ty e v e r re co rd e d in t h i s c o u n tr y , with a rate
/
\
____
I o f 1 0 .7 p er jtrfoOO p o p u la tio n . I*t m ight ha Vie “been exp ected ( M l yysT^Sm-'
I

|

/
r i p atrd 11/ TIViTiy pr7r r on M th7iTTTflf'1' Trrrtth 1if thin
wld esp reab>jjn ompl

X
\

WWW rigomamuLLW»»»
ti ff-,-^08

asI— IlBIIWlI■Bl.l11———

assumed to,.„brin^' about lo^é'f-ed standards of living.
iresb.lts being reflected i

n

.

Instead or an

low death rates have con-

Vti r ^ r r ‘^ Stt£^rear since and Incli^i ng -l.Q2 a ^laa «.Q. p ftP l ^ XH),
It would appearjj

zjl,

is adequate Justification for assuming that

decreased mortality is accompanied by some decrease in the amount of sickness
although certain factors, such as changes which bring about decreased
virulence and decreased fatality rates of disease, render unjustifiable the
assumption that morbidity rates necessarily decrease in the same ratio as
mortality rates.

ninthin m».nnt the

O n aIJBorty.ity rate

,foc -i^r-flrsS

six months^rgaches a new low mark, the figures available to date show that,
\

so far, health conditionlTi^-th&JInited States, as interpreted on the basis!
spf .mortality, have been remarkable good and contilfQe^oreflect a period of
greatsachievement in public health.
X
wm

-x- * * * -*

Reports t o the Public H e a l t h Service of
disabling sickness anong male industrial employees
during the first six months of this year show a rate
28 per cent lower than that for the same p e riod in 1937,
and 13 per cent b e l o w the average rate for the first
halves of the years 1933 to 1937.
The general death rate of the country, which
is an important index of the state
according to

of the public health,

the bulletin, has been l o w in the past

decade for each of the full fifty-two-week periods®
1928 the 4 M 0

In

annual rate in the death registration

area was 12.1 per 1,000 estimated population. The rate
fell to 11.9 in 1929 and 11.3 in 1930, and was exceeded
only once since t h e n - -11.5 in 1936.
Among the factors
the Public Health Service

contributing to the drop,

explained,

"may be mentioned

the absence o f any m a j o r epidemics with high mortality,
the

expansion o f public health activities, the improve­

ment of State and local health departments, the initiation
of various plans

to provide more fcearly adequate

care for

economic groups least able financially to secure needed
medical care and treatment, the expansion of health
education activities b y official an d nonofficial health
agencies and b y private physicans,

and the increasing

interest manifested by private medicine in the medical
needs of the lower economic groups."
more

01

FOR R2
Tue sdc
11-14-

For

Uni tec

With the national death rate holding td
a l o w figure since 1933, the United States Public Health
Service said today that 1938 health conditions,
preted on the basis of mortality,

inter]:
i

to r'ei

as inter­

"have been remarkably

annual

good and continue to reflect a period of great achieve­

the

ment in public health."

15 fre

c\

lower

The death rate for the first
fotty-one weeks of this year, computed on an annual basis,

a 10»!

was 11.0 p er 1,000 estimated population, the Service pointtf
out in the current issue of PUBLIC HEALTH REPORTS.
figures,
cities,

The

obtained up to October 15 f r o m eighty-eight large
showr the accumulated 1938 mor t a l i t y rate lower

than any in the past decade, w i t h the exception of 1933,

70,00<
lag b

10 pe:
porio

w h i c h registered a 10.8 rate for the compnnable period.
Figures
companies,

supplied b y industrial insurance!

covering approximately 70,000,000 policyh old ers,

corroborate the city reports.

Although there is a time

Indus
cent

aver a

lag between deaths and claims registered,^^teirtHRRfcw
one large insurance company reported 10 per

state

cent lower m o r t a l i t y for the first half of 1938 than for the

decad

corresponding period of 1937.

the d
foil

TREASURY DEPARTMENT
U. S. Public Health Service
Washington

i
FOR RELEASE, MORNING NEWSPAPERS,
Tuesday, November 15, 1938,_____

Press Service
No. 15-32

With the national death rate holding to a low figure since 1933, the
United States Public Health Service said today that 1938 health conditions, as
interpreted on the basis of mortality, nhave been remarkably good and continue
i

to reflect a period of great achievement in public health.,r
The death rate'for the first forty— one weeks of this year, computed on an
annual basis» was 11*0 per 1,000 estimated population, the Service points out in
the current issue of PUBLIC HEALTH REPORTS*

The figures, obtained up to October

15 from eighty— eight harge cities, show the accumulated 1938 mortality rate
lower than any in the past decade, with the exception of 1933, which registered
a 10.8 rate for the comparable period.
Figures supplied by industrial insurance companies,] covering approximately
70,000,000 policyholders, corroborate the city reports.

Although there is a time

lag between deaths and claims registered, one large insurance company reported
10 per cent lower mortality for the first half of 1938 than for the corresponding
period of 1937*
Reports to the Public Health Service of disabling sickness among male
industrial employees during the first six months of this year show a rate 28 per
eent lower than that for the same period in 1937, and 13 per cent below the
average rate for the first halves of the years 1933 to 1937..
The general death rate of the country, which is an important index of the
state of the public health, according to the bulletin, has been low in the past
decado for each of the full fifty-two—week periods.

In 1928 the annual rate in

&eath registration area was 12.1 per 1,000 estimated population*

The rate

to U . 9 in 1929 and 11,3 in 1930, and was exceeded only once since then —

-

2

-

11,5 in 1936.
Among the factors contributing to the drop, the Public Health Service ex­
plained, Mmc?y be mentioned the absence of any major epidemics with high mortality,
the expansion of public health activities, the improvement of State and local
¡health departments, the initiation of various plans to provide more nearly ade­
quate care for economic groups least able financially to secure needed medical
care and treatment, the expansion of health education activities by official and
Inon-official health agencies and by private physicians, and the increasing in­
terest manifested by private medicine in the medical needs of the lower economic
groups.11
It would appear, the bulletin declares, that there is adequate justifica­
tion for assuming that decreased mortality is accompanied by some decrease in
the amount of sickness, although certain factors, such as changes which bring
iabout decreased virulence and decreased fatality rates of disease, render unjusti­
fiable the assumption that morbidity rates necessarily decrease in the same ratio
|as mortality rates.
— oQo—

IMPORTS OF DISTILLED LIQUORS AND WINES AND DUTIES COLLECTED THEREON - SEPTEMBER 1938
August
September
September
9 Mos. (Jan,-Sept.)
1938 ,
1938
1937
1938
1937
DISTILLED LIQUORS (Proof Gallons):
Stock in Customs Bonded Ware­
3,427,822
3,870,882
3,709,510
3,456,732
3,466,515
houses at beginning
630,482
1,315,031
7,055,738
11,013,442
698,187
Total Imports (Free and Dutiable)
14,441,264
4,096,997
5,185,913
10,765,248
4,154,919
Available for Consumption
7,480,399
1,244,194
10,415,093
916,053
640,181
Entered into Consumption (a)
95,371
55,935
9,952
84
10,919
Exported from Customs Custody
Stock in Customs Bonded Ware­
3,228,914
3,930,800
3,456,732
3,930,800
3,228,914
houses at end
STILL WINES (Liquid Gallons):
Stock in Customs Bonded Ware­
1,082,959
1,430,547
1,421,838
1,305,866
1,319,640
houses a t beginning
1,600,925
2,421,434
249,909
161,726
141,586
Total Imports (Free and Dutiable)
3,031,472
3,504,393
1,467,592
1,671,747
1,461,226
Available for Consumption
2,037,948
1,736,305
209,691
145,258
178,878
Entered into Consumption (a)
5,409
14,048
1,020
2,694
1,229
Exported from Customs Custody
Stock in Customs Bonded Ware­
1,281,119
1,461,036
1,461,036
1,319,640
1,281,119
houses at end
SPARKLING WINES (Liquid Gallons):
Stock in Customs Bonded Ware­
141,325
271,133
227,871
293,426
289,902
houses at beginning
367,700
209,033
49,028
12,844
24,064
Total Imports (Free and Dutiable)
509,025
480,166
276,899
306,270
313,966
Available for Consumption
270,463
199,911
38,771
16,368
35,142
Entered into Consumption (a)
458
1,460
24
29
Exported from Customs Custody
Stock in Customs Bonded Ware­
238,104
278,795
238,104
289,902
278,795
houses at end
DUTIES COLLECTED ON:
# 3,065*667 $ 18,454,351 # 25,540,092
$ 2,276,887 $ 1,569,694
D istilled Liquors
1,804,652
1,503,669
185,166
120,942
155,352
S till Wines
805,899
591.897
115,890
48,915
105,090
Sparkling Wines
$
28,150,643
$
20,549,917
$
3,366,723
t 2,537,329 | 1,739,551
Total Duties Collected on Liquor
Total Duties Collected on Other

Goinmodi.'fcies
TOTAX. T3UTXTES GOIiBbTED

26.052.262 26.933.226
$28,589,591 #28.eve.777

32.805.896 205.232.258 356.427.087
#36,172,619 $225,782 ,175 #384.5 7 7 . 730

S ta
OFFICE OF THE COMMISSIONER OF CUSTOMS

NOV 12 1938

TO MR. GASTON
FROM THE COMMISSIONER OF CUSTOMS:
There i s transm itted herewith a statem ent showing imports of
d i s t i l l e d liq u o rs and w ines, and d u ties c o lle c te d th ereon , cover­
ing the month o f September 1938, with comparative fig u re s fo r the
months o f September 1937 and August 1938, and th e f i r s t nine months
o f th e calendar years 1937 and 1938, which may be s u ita b le fo r
press r e le a s e .

In clo su re

TREASURY DEPARTMENT
Washington
Press Service
N o . 15-33

FOR RELEASE, AFTERNOON NEWSPAPERS,
Tuesday, November 15, 1938«______ _
11-14-38

Commissioner of Customs James H. Moyle today issued, the following statement
showing imports of distilled liquors and wines, and duties collected thereon, cover­
ing the month of September, 1938, with comparative figures for the months of
September, 1937 and August, 1938, and the first nine months of the calendar years
1937 and 1938:_______
9 Mos. (Jan-Sent.)
September
August
September
1937
1938
1937
1938
1938
DISTILLED LIQUORS
(Proof Gallons)
Stock in Customs
Bonded Warehouses
3,427,822
3,^09,510
3,870,882
3,466,515
3,456,732
at beginning ..«..
Total Imports (Free
11,013,442
7,055,738
1,315,031
630,482
698,187
and Dutiable) ....
Available for Con­
14,441,264
10,765,248
5,185,913
4,096,997
4,154,919
sumption ...... ,.
Entered into Con­
10,415,093
7,480,399
640,181
1,244,194
916,053
sumption (a) .....
Stock in Customs
Bonded Warehouses
3,930,800
3,228,914
3,930,800
3,456,732
3,228,914
i at end ...........
STILL WINES
(Liquid Gallons)
Stock in Customs
Bonded Warehouses
1,08-2,959
1,430,547
1,421,838
1,305,866
| at beginning....
1,319,640
i Total Imports (Free
2,421,434
1,600,925
249,909
161,726
141,586
I and Dutiable) ....
Available for Con­
sumption ..........
Entered into Con­
sumption (a) .... .
Stock in Customs
Bonded Warehouses
at end ............
SPARKLING WINES
(Liquid Gallons)
Stock in Customs
Bonded Warehouses
at beginning .....
Total Imports (Free
and Dutiable) _____
Available for Con­
sumption ..........
Entered into Con­
sumption (a) .... .
Stock in Customs
Bonded Warehouses
_at end ...........
COLLECTED ON:
Distilled Liquors
Still Wines
^Sparkling Wines
Total Duties ColJ ^ cted on Liquors

1,461,226

1,467,592

1,671,747

3,031,472

3,504,393

178,878

145,258

209,691

1,736,305

2,037,948

1,281,119

1,319,640

1,461,036

1,281,119

1,461,036

289,902

293,126

227,871

271,133

141,325

24,064

12,844

49,028

209,033

367,700

313,966

306,270

276,899

480,166

509,025

35,142

16,368

38,771

199,911

270,463

278,795

289,902

238,104

278,795

238,104
$25,540,092
1,804,652
805,899
.
$28,150,643

$2,276,887
155,352
105,090

$1,569,694
120,942
48,915

$3,065,667
185,166
115,890

$18,454,351
1,503,669
591,897

$2,537,329

$1,739,551

$3,366,723

$20,549,917

| (a) Including withdrawals for ship supplies and diplomatic use.
— nOo—

TREASURY DEPARTMENT
Comptroller of the Currency
Washington

FOR RELEASE MORNING- NEWSPAPERS
Tuesday,
November
15 193^

PRESS SERVICE
No. 1 5 -3A

During the month of October 193^ > the liquidation of 1 3 receiverships
wa.s completed and the affairs thereof finally closed.

This melees a total

of 1 , 2 2 2 receiverships finally closed or restored to solvency since the
Banking Holiday of March, 1933*
Total disbursements, including offsets
i
allowed, to depositors and other creditors of these 1 , 2 2 2 receiverships,
exclusive of the k 2 restored to solvency, aggregated $k 99 2 6 k H28 0 0 , or
an average return of SO . 0 3 per cent of total liabilities, while unsecured
creditors received dividends amounting to an average of 6 7 . ^ 7 P er cen^
their claims.

Dividends distributed to creditors of all active receiver­

ships during the month of October 193&> amounted to $2 3k9 57& 00.

Total

dividends paid and distributions to depositors of all receiverships from
March 1 6 , 1 9 3 3 to October 3 1 , 1933, amounted to $ 9 2 3 k9 3 237 00.

Data as

to results of liquidation of receiverships finally closed during the month
are as follows:

INSOLVENT NATIONAL BANKS LIQUIDATED AND FINALLY CLOSED
OR RESTORED T O SOLVENCY DURING THS MONTH OF
OCTOBER,
193S

Name and Location of Bank.

Date of
Failure.

First Natl Bank
1 2 -23-31
Idaho Springs, Colo.
First Natl Bank
1- -12-33
Anna, 111.
Jefferson Park Natl Bank
6~*25-32
Chicago, 111.
Fanners and Wabash Natl Bank
Wabash, Ind.
2/ 1--II- 3 U
First Natl 3ank
1 - -12-33
Yale, Mich.
First Natl Bank
1- -2 0 - 3 3
Madison, Nebr.
Natl Bank of
Newport, N. Y.
2/ 10 -13-33
Hewlett-Woodmere Natl Bk
Woodmere, N* Y.
2/ 5--9— 3U
Citizens Natl Bank
Hendersonville, N. C.
1 1 -28-30
Bellefontaine Natl Bank
Bellefontaine, Ohio
£/ 1 2 -26-33
First Natl Bank
6-- 2 1 - 3 2
Etowah, Tenn

Total
Disbursements
Including
Offsets Allowed.

Per Cent
Total Disbursements
to Total
Liabilities.

1 U 6 9 0 0 00

7 6 .3

b

6U. 2

b

$ 50 000 00

6 2 3 959 00

7 9 .1 3

b

6 5 .2

50 000 00

000

1 U 5 U 3 6 U 00

80.53

6 1 .3

3 0 0 000 00

000

1 7S9 5 2 U 00

1 0 3 .7 6

à
b

b
b

1 6 0 000 00

000

2 1 0 803 00

6 2 .2 9

U6s 9 2 0

00

300 153 00

$

1 0 0 5 6 U 7 00

Per Cent
Dividend
Declared
to All
Claimants.

1 0 5 .6 U

b

h

5 5 .6 5

b

81.72

f>

66.

6 8 .3 6

f>

86.9

b

6 U 5 710 00

Us. 7 2

1 2 2 9 822 00

9 9 .1 7

327 235 00

6 0 .3 7

b
b
b

Capital
Stock at
Date of
Failure.

Uo 000

Cash, Assets,
Uncollected Stock
Assessments, etc*
Returned to Share______ holders *_____

$

000

00

000

i

1 0 0 000 00

000

b
86.6 b

5 0 000 00

000

50 000 00

000

1 5 .6

b

100 000 00

000

9 9 .0 6

b

100 000 00

000

3 0 .0 5

jf
/°

50 000 00

000

10.2

INSOLVENT NATIONAL BANKS LIQUIDATED Aï© FINALLY CLOSED
oa r e s t o r e d t o s o l v e n c y d u r i n g t h e m o n t h o p
OCTOBER, 193S

Name and Location of Bank»
First Natl Bank
Fortsmouth, Va.
First Willapa Harbor NB
Raymond, Pash.

1J

Date of
Pal lure.

Total
Di sbur seme nts
Including
Offsets Allowed.

10-2H-32

$

2— 3— 32

5 000 0 0
9 7 O 2 8 5 00

Ter Cent
Total Disbur sements
to Total
Liabilitie s.

10 0 .
9^. 1*7

$
io

I er Cent
Dividend
Declared
to All
Claimant s .

$ 3 OO 0 0 0 0 0

—
8 6 .5

Capital
Stock at
Date of
lure«

j>

Cash, Assets,
Uncollected Stock
Assessments, etc*
Returned to Share______holders.

$

118 639 0 0

10 0 00 0 00

1/ —

Receiver appointed to levy and collect stock assessment covering deficiency in value of
assets sold, or to complete unfinished liquidation.

2] —

Formerly in conservatorship.

000

INSOLVENT NATIONAL BANKS
DISPOSITION OF COLLECTION DOLLAR (INCLUDING OFFSETS ALLOWED) IN
CLOSED RECEIVERSHIP BANKS THE LIQUIDATION OF WHICH HAD BEEN COMPLETED
TO
OCTOBER 31, 1938

13 Receiverships Liquidated and Closed
Month of October 1933

TREASURY

Of Tice

of

The

DEPARTMENT

Comptroller

of

the

C u rr en c y

2291 Receiverships Liquidated and
Closed April 14, 1865 to October 31, 1933

LIQUIDATION DATA

U

INSOLVENT NATIONAL BANKS
COMPLETELY LIQUIDATED AND FINALLY CLOSED
MONTH OF OCTOBER 1938
DISPOSITION OF TOTAL RESOURCES

A - A s s e t & A s s e s s . C o l l e c t i o n s $ 8,781,901
$
766,004
-B - O f f s e t s A llo w e d
C - A s s e t & A sse ssm e n t L o s s e s
$14,672,436
TREASURY

DEP ARTM ENT

59*9%
5 *2%
3 4 *9 %

D
E
F
G

- D iv id e n d Paym ents
- O th e r C a sh Paym ents
— O f f s e t s A llo w e d
— U npaid L i a b i l i t i e s

$ 4 ,475,417
$ 3 ,936,901
$
766,004
$ 2 .046,017
$11,224,339

3 9 *9 %
3 5 *1 %

6 .8 %
18.2%

LIQUIDATION DATA

U

INSOLVENT NATIONAL BANKS
COMPLETELY LIQUIDATED AND FINALLY CLOSED
MONTH OF OCTOBER 1938
TOTAL COLLECTIONS MADE

A - Asset Collections

$ 8,059*940

B — Stock Assess* Collections $

C — Earnings Collections
TREASURY
O ffice

o«_the

DEP ARTM ENT

Comptf.oUsr

-of.—i f ' e

DISPOSITION OF TOTAL COLLECTIONS

&

722,041

589.449
9,371,430

36.0%
7.7%

6.3%

* 4,475,417
D - Dividend Payments
$ 3,936,901
E - Other Cash Payments
118,639
F — Returned to Shareholders $
*
840.473
G — E x p e n s e of L i q u i d a t i o n
$ 9,371,430

tw&Àsmt rmàmmiT
msrnMim

mt

hslsasx, mmmê

mmPAMm$

:0 ëm s«r?&J

Tuesday, Kovmaber 15« 1938.
U/lé/98

.r

....

...

The Störet ary of the Treasury announced last evening that the tender« I
for #100,000*000, ©r thereabouts9 of 91-day Treasury Mils, to be dated Novea*
ber IS, 1930, and to sature February IS, 1939, which were offered cui November 10)
were opened at the Federal Reserve benha on November 14«

/

The details of this issue are as follows«
Total applied for
Total accepted

* #088,437,000
* 100,544,000

Range of accepted bides
Hieb

Urn
Average price

* 99 #998
- 99.990
* 99.993

Bruiraient rate approximately 0*008 percent
*
*
*
0.03S
*
*
*
0.087

(37 percent of the amount bid for at the low price was accepted)

TREASURY DEPARTMENT
Washington
FOR RELEASE, MORNING- NEWSPAPERS,
Tuesday, November 15, 1938,
11/14/38“

Press Service
No. 15-35

The Secretary of the Treasury announced last evening that the tenders
for $100,000,000, or thereabouts, of 91-day Treasury hills, to be dated
November 16, 1938, and to mature February 15, 1939, which were offered on
November 10, were opened at the Federal Reserve banks on November 14.
The details of this issue are as follows:
Total applied for
Total accepted

- $288,457,000
- 100,544,000

Range of accepted bids:
High
Low
Average price

- 99.998 Equivalent rate approximately 0.G08 percent
- 99.992
”
M
11
0.032
"
- 99.993
fl
p
n
0.027

(3 7 percent of the amount bid for at the low price was accepted)

— oOo—

T R EA SU R Y DEPARTMENT
O F F IC E O F T H E S E C R E T A R Y

WASHINGTON

C O M M IS S IO N E R O F
A C C O U N T S A N D D E P O S IT S

November 8, 1938

TO MR# GASTON:
During the month of October, 1938, the
following market transactions took place in
Government securitiess
Total purchases... .
Total sales ........ ,
Net purchases

$ 1,044,000
—$ 1,044,000

TREASURY DEPARTMENT
Washington

FOR IMMEDIATE RELEASE,
'
Tuesday, November 15,, 1938.

Press Service
No. I d-36

*

Market transactions in G-overnment securities for Treasury investment
accounts in October, 1938, resulted in net purchases of $1,044,000,
Secretary Morgenthau announced today.

— oOo—

- 5 considered normal.

The recognition that mental ill health is more prevalent!

than hospital admissions reveal, has led to the establishment of child
guidance clinics, the employment of psychiatric social workers, the addition!
of psychiatrists to the staff of hospitals, prisons, and similar institution
to devoting special attention to problem children in school, and to various
adult education programs*

-/{■

-îfr

— U

—

course, include all persons with a mental disorder but merely those who
have been recognized as needing institutional care and for whom hospital
facilities are available.’'
Even if mental aberration apparently is not increasing appreciably!
its importance should not be minimized, the statistician warned.
"The loss in future productive power as well as the cost of caring!
for this number of patients,” he concluded^ "emphasizes the importance of I
developing a thorough mental hygiene program.

This is all the more important!

since the total burden of caring for the mentally ill is almost certain to
increase even though there is no increase in the incidence of mental disease!
at each|age.

Changes now taking place in the national population presage

/
an increase in the number of mentally ill in the total population because a I
larger portion of the population will be in the age groups when mental diseas
is most frequent.

Assuming that the commitment rates for mental disease fori

the total United States are no greater in I 9 6 0 than they were in Mew York
State during the three year period, 1 9 2 9 - 3 1 , it is estimated that about
135,000

persons annually will be committed to a mental hospital for the

first time.

This is nearly twice the present number of first commitments.'1 I

Only' a few hundred years ago, the violently insane were

thought

to be possessed by demons and frequently^killed or forced to leave the
community.

With some modification, mainly

the

substitution of

incarceration

as a method of treatment, this idea of "insanity" as it was called,
even later— indeed still prevails— in some places.

With increased

prevaile<|
knowledge

of the functioning of the human body, however, the concept of mental ill
health has gradually expanded until today it includes many conditions

formerlj

- 3 -

has undoubtedly increased the frequency with which cases of mild mental
disorders are hospitalized," Dr. Dorn declared.
"The increasing proportion of the population living in cities
also tends to increase the use of hospital facilities.
would be regarded as merely

Many persons who

1queer’ in a rural community, undoubtedly

experience difficulty in adjusting themselves to an urban environment.
Moreover, due to inadequate housing, low income, and the uncertainty of
continuous employment,!home care of non-violent cases of mental disorders,
\
.
:
..g| |
especially those associated with senility, is more difficult in the city
than on the farm.
"The two principal exogenous factors which are thought to effect
the prevalence of mental disease, alcoholism and syphilis, are also more
common in urban communities.

For these reasons some increase in the pro­

portion of the population thought to be mentally ill is to be expected even
if there has been no real increase in the incidence of mental disorders."
However, it is impossible to determine whether or not this is
true because there is no practical method of determining the incidence of
mental disease either at the present time or in the past.

Regardless of

the amount of mental illness in the population, it must be measured by the
number of mental cases recognized and committed to an institution.
"This method of measurement is not so unsatisfactory as

might

at first appear," said Dr. Dorn, "since cases of mental disease become a
public burden only after they are recognized.

Therefore, instead of speato-'flg

of the number of persons with some form of mental disease, a number

which is

unknown, it becomes necessary to restrict this discussion to the number oi
•f

persons who are committed to a mental disease hospital.

This does

not, o

-

Dorn pointed out.

2

-

In order to eliminate this factor insofar as it was

possible, the data used in this study were the number of first admissions
to mental hospitals in Massachusetts, New York, and Illinois where facili­
ties have been fairly adequate for several years.

In general, these data

do not support the contention that the incidence of mental disorders had
been rapidly increasing.
This does not mean, however, that the public burden of caring for
persons with mental disease has not been increasing.

The average number of

patients in State hospitals increased 4 0% (from 2-48,852 to 347,620) between
1926 and 193$.

But, rather, it means that most of the increase may be

attributed to increase in the expectation of life, an increasing proportion
of old people in the population, increasing urbanization, and other environ­
mental factors.

As the standards of care and treatment are raised, the

total cost will increase although there is no increase in the incidence of
the disease,

(it is estimated that the current annual cost of

hospitalized

patients alone is between $1 5 0 ,0 0 0 ,0 0 0 and $2 0 0 ,0 0 0 ,0 0 0 , and that these
patients occupy 4 7 % of the total number of hospital beds.)
It is gradually becoming accepted, according to Dr. Dorn, that

"This change in the public attitude toward hospitalization, which
has been concomitant with a changing cultural conception of mental disease?

Treasury Department
U. S. Public Health Service
Washington
FOR RELEASE,
Friday, November IS, 1938.
1 1 / 1 6 /3 8 .

Current incidence rates indicate that one of every twenty persons]
born in 1 9 3 8 will be committed to a mental hospital some time during
life span.
Because of the increasing proportionjl of the population in the
older age groups, an increase in the number of admissions to mental hospital
is to be expected in the future, since rates of mental disease are highest
in the older age brackets.
Since there is no sharp line of demarcation between normality
and abnormality, it is practically impossible to^fenliSe^feether the rela­
tive number of persons with mental disease is increasing.
Fundamentally, even though there is a definite physical basis for
many mental disorders, mental disease— or insanity, as it is popularly
called— is a cultural concept, and varies from one group to another.

In

some situations the mentally deranged have become soothsayers, medicine
men, prophets, or leaders; in other situations the same persons would be
incarcerated.
These conclusions have been developed from a comprehensive study
of recent data by Dr. Harold F. Dorn, Statistician, United States Public
Health Service.

They are discussed by him in a paper, "The Incidence ana

Future Expectancy of Mental Disease," in the i S i ^ S i x s s u e of PUBLIC
HEALTH REPORTS.
To a certain extent, the increase in the number of first adciissi°nS|
to mental hospitals merely reflects an increase in hospital facilities,

r*

TREASURY DEPARTMENT
U. S. Public Health Service
Washington
FOR RELEASE, AETERNOON NEWSPAPERS,

Press Service

Friday, November 18, 1938._______
11/16/38“

N°* 15-37

■

Current incidence rates indicate that one of every twenty persons born
in 1938 will be committed to a mental hospital some time during his life span.
Because of the increasing proportion of the population in the older
age groups, an increase in the number of admissions to mental hospitals is to
he expected in the future, since rates of mental disease aro highest in the
older ago brackets.
Since there is no sharp line of demarcation between normality and ab­
normality, it is practically impossible to determine whether the relative
number of persons with mental disease is increasing.
fundament ally, even though there is a definite physical basis for many
mental disorders, mental disease— or insanity, as it is popularly called— -is a
cultural concept, and variies from one group to another.

In some situations

the mentally deranged have become soothsayers, medicine men, prophets, or
leaders;

in other situations the same persons would be incarcerated.
Those conclusions have been developed from a comprehensive study of

recent data by Dr. Harold E. Dorn, Statistician, United States Public Health
Service. They are discussed by him in a paper, "The Incidence and future
Expectancy of Mental Disease," in the current issue of PUBLIC HEALTH REPORTS.
To a certain extent, the increase in the number of first admissions
to mental hospitals merely reflects an increase in hospital, facilities, Dr.
Rorn pointed out.

In order to eliminate this factor insofar as it was possible,

the data used in this study were the number of first admissions to mental hos­
pitals in Massachusetts, New York, and Illinois where facilities have been

fairly adequate for several, years.

In general, these data do not support the

contention that the incidence of mental disorders had been rapidly increasing.
This does not mean, however, that the public "burden of caring for per
sons with mental disease has not "been increasing.

The average number of

patients in State hospitals increased 40$ (from 248,852 to 347,620) between
1926 and 1935,

But, rather, it means that most of the increase may be attri­

buted to increase in the expectation of life, an increasing proportion of old
people in the population, increasing urbanization, and other environmental
factors,

As the standards of care and treatment are raised, the total cost

will increase although there is no increase in the incidence of the disease.
(it is estimated that the current annual cost of hospitalized patients alone
is between $150,000,000 and $200,000,000, and that these patients occupy

47$

of the total number of hospital beds.)
It is gradually becoming accepted, according to Dr, Dorn, that mental
aberration is simply a form of illness which may often be cured or alleviated
by suitable care and treatment.

This attitude is clearly reflected by the

fact that the »insane asylums'* of fifty years ago have become "mental hospitals
today.

Commitment to a hospital is no longer universally regarded with the

same horror as formerly,
"This change in the public attitude toward hospitalization, which has
been concomitant with a changing cultural conception of mental disease, has
undoubtedly increased the frequency with which cases of mild mental disorders
are hospitalized,* Dr. Dorn declared#
"The increasing proportion of the population living in cities also
tends to increase the use of hospital facilities.

Many persons who would be

regarded as merely 'queer* in n rural community, undoubt-edly experience diffi­
culty in adjusting themselves to an urban environment#

Moreover, due to in­

adequate housing, low income, and the uncertainty of continuous employment.

- 3 home care of non-violent cases of mental disorders, especially those associated
with senility, is more difficult in the city than on the farm,
"The two principal exogenous factors which are thought to effect the
prevalence of mental disease, alcoholism and syphilis, are also more common
in urban communities#

For these reasons some increase in the proportion of

the population thought to be mentally ill is to be expected even if there has
been no real increase in the incidence of mental disorders .* 1
However, it is impossible to determine whether or not this is true
because there is no practical method of determining the incidence of mental
disease either at the present time or in the past.

Regardless of the amount

of mental illness in the population, it must be measured by the number of
mental cases recognized and committed to an institution.
"This method of measurement is not so unsatisfactory as might at first
appear,** said Dr# Dorn, **since cases of mental disease become a public burden
only after they are recognized.

Therefore, instead of speaking of the number

of persons with some form of mental disease, a number which is unknown, it
becomes necessary to restrict this discussion to the number of persons who
are committed to a mental disease hospital.

This does not, of course, include

all persons with a mental disorder but merely those who have been recognized.
as needing institutional care end for whom hospital facilities are available # ’1
Even if mental aberration apparently is not increasing appreciably!
its importance should not be minimized, the statistician warned#
"The loss in future productive power as well as the cost of caring for
his number of patients,** he concluded, "emphasizes the importance of developlng a thorough mental hygiene program.

This is all the more important since

the total burden of caring for the mentally ill is almost certain to increase
Ven though there is no increase in the incidence of mental disease at

each

- 4
age.

Changes now taking place in the national population presago an increase

in the number of mentally ill in the total population because a larger portion
of the population will be in the age groups when mental disease is most frequent*
Assuming that the commitment rates for mental disease for the total United
States arc no greater in 1960 than they were in New York Sto/te during the
three year period, 1929-31, it is estimated that about 135,000 persons annually
will bo committed to a mental hospital for the first time.

This is nearly

tvdce the present number of first commitments. "
Only a few hundred years ago, the violently insane were thought to be
possessed by demons
nunity.

and frequently were killed or forced to leave the com

With somo modification, mainly the substitution of incarceration as

a method of treatment, this idea of "insanity” as it was called, prevailed
even later~~indee& still prevails-«»-in some places.

With increased knowledge

of the functioning of the human body, however, the concept of mental ill
health has gradually expanded until today it includes many conditions formerly
considered normal.

The recognition that mental ill health is more prevalent

than hospital admissions reveal, has led to the establishment of child guidance
clinics, the employment of psychiatric social workers, the addition of
psychiatrists to the staff of hospitals, prisons, and similar institutions,
to devoting special attention to problem children in school, and to various
adult education programs*

oOO'—

PRESS RELEASE

The Commissioner of Customs today announced that preliminary
reports from the collectors of customs show total imports of
43,529,755 pounds of white or Irish certified seed potatoes, under
the quota provisions of the Canadian Trade Agreement, during the
period December 1, 1937 to November 16, 1938.
This total represents 96.7 per cent of the quantity allowable
under the tariff rate quota on importations of this commodity for
the twelve-month period ending November 30, 1938.

TREASURY DEPARTMENT
Washington
JOR IMMEDIATE RELEASE,
Thursday, November 17, 1938.

Press Service
M « 15-38

The Commissioner of Customs today announced that preliminary reports
from the collectors of customs show total imports of 43,529,755 pounds of
white or Irish certified seed pota/toes, under the quota provisions of the
Canadian Traode Agreement, during the period December 1, 1937, to November
16, 1938.
This total represents 96.7 per cent of the quantity allowable under
the tariff rate quota on importalions of this commodity for the twelve*-»
month period ending November 30, 1938.

— oOo—

TREASURY

DEPARTM ENT

U. S. P U B L IC H EALTH S E R V IC E

MEMORANDUM
date

fro m :

Philip S. Broughton

TO:

Mr, Charles Schwarz

November 17, 1938

This portion of the booklet reviews a working method of quantita­
tive evaluation of the phenomena of abstinence, and discusses tolerance,
habituation, and dependence with their relations to drug addiction.

With thj

aid of a most modern encephalograph, built at the Lexington hospital, the
Public Health Service has for the first time an implement for studying the
differentiating action of a series of addiction drugs of known chemical
modification in the study of brain physiology.

This instrument aids in

overcoming impediments to the study of cerebral and other living responses
of the nervous tissues, and provides a new objective technique for studying
the living neuro-electric reaction.

7T

-

2

-

The supplement, extending to 14-3 pages, contains a vast amount
of hitherto uncompiled data.

It describes not only the chemical properties

but the method of preparation and pharmacological activities of the compound
tested.

In addition to the text, there are included in tabular and other

forms m the chemical and structural formulae of these compounds on the basis
of their chemical relationships; and complete summaries and bibliographies
relating to each part of the report.

At the conclusion of the book, there

is a list of all the publications that have been made under the direction
of the Commission since its beginning.

Many of these have been published in'

the Public Health Reports.
Divided into three sections, the report takes up first the discuss!
and conclusions drawn from research with 125 morphine derivatives.

From the|

studies, it is apparent that specific chemical modifications affect uniform!
neither in direction nor degree, all of the pharmacological actions of alka­
loids of this series.
The second section discusses chemico-pharmacological reactions for
more than 200 synthetic substances built upon phenathrene, dibenzofuran, and
carbazole.

Applied to mice, rats, rabbits, and cats, some of these synthetic!

especially in the carbazole series, evidence a considerable degree of pain
controlling action.

All of them, however, exhibited 11side actions” more or

less undesirable.
The concluding section of the report reviews clinical studies ®aae
at the United States Penitentiary Annex, Fort Leavenworth, Kansas, and at th3
United States Public Health Service Hospital, Lexington, Kentucky.

This

latter section aimed especially to determine the addiction liability of some
1 6 selected morphine derivatives.

Treasury Department
U. S. Public Health Service
Washington

's
The end of a recen 0
larcotic

^aa(
^^ea^jgfii«i3?tjH,ic quest for an "ideal

control pain but not^induce addiction— has brouglit

\this conclusion: wn «nmh Hmig is lmnwn

.-— — - ■■■

..... .

-

j

More than 300 compounds— almost half of them morphine derivatives,
the majority of which were made for the first time in connection with this
work; the remainder synthetic substances-r-^M^ Systematically tested. Those
related to the morphine molecule that were tested on man were found to
possess more or less addiction liabilities.
Results of these studies, conducted by a number of cooperating
agencies having responsibility for the solution of the problem of developing
some means of reducing or correcting the evils of drug addiction, were

r by the United States Public Health Service (Public Health
Report, Supplement No. 138).

" Tt r r

,0» t -fi i

r ~r n "mk i r f T T ^ ^ f r T f r ^

fT*\
ns,~l.3- Charles I h i t e ^ W a i r m a n of

the Committee on Drug Addiction, Division of Medical Sciences^ of the National
ncil, under whose auspices the studies were directed with fyp^U
Research Council,
L 4 ftH T 4
yjit
~tKe"Trbbr§m“o f ^
provided by tHe Kocxei eXXeT' i'ounda\.j.uiiw

%ouJL FSh

it a

had reached a high point in international and national affairs which deman eoj
attention, and a very considerable expenditure.

It is to be remembered,

hov/ever, that this problem is only a part of the far greater one of mental
health which in all its branches is probably the most serious welfare probleij
with which this country has to deal."

F o r Sunday a m ’s

After a nine-year quest, scientists eager
to find an "ideal narcotic"— one which w i l l control pain
hut not induce addiction— reported today that discovery of
the drug lies in the future and that it is necessary to
continue active re search

TREASURY DEPARTMENT
U*S* Public Health Service
Washington
FOR RELEASE, MORNING NEWSPAPERS,
Sunday, November 20, 1938.
11/19/ 38“

Press Service
No. 15-39

After a nine-year quest, scientists eager to find an t?ideal narcotic” —
one which will, control paijsst but not induce addiction— reported today that dis­
covery of the drug lies in the future and that it is necessary to continue active
issearch toward that end*
More than 300 compounds— almost half of them morphine derivatives» the
majority of which were made for the first time in connection with this work;
the remainder synthetic substances— have been systematically tested.

Those re­

lated to the morphine molecule that were tested on man were found to possess
more or less addiction liabilities.
Results of these studies, conducted by a number of cooperating agencies
having responsibility for the solution of the problem of developing some means
of reducing or correcting the evils of drug addiction, were made known today by
the United States Public Health Service (Public Health Report, Supplement No*138)
Dr* William Charles White is chairman of the Committee on Drug Addiction,
Division of Medical Sciences, of the National Research Council, under whose
auspices the studies were directed with funds provided by the Rockefeller Founda­
tion*

"It wa.s recognized,” said Dr. White in the report, ”that the problem of

¿rug addiction had reached a high point in international and- national affairs
which demanded attention, and a very considerable expenditure.

It is to be re­

membered, however, that this problem is only a part of the far greater one of
mental health which in all its branches is probably the most serious welfare
problem with which this country has to deal*”

2

The supplement, extending to 143 pages, contains a vast amount of
hitherto uncompiled data.

It describes not only the chemical properties,

"but the method of preparation and pharmacological activities of the com­
pounds tested.

In addition to the text, there are included in tabular and

other forms the chemical and structural formulae of these compounds on the
basis of their chemical relationships; and complete summaries and biblio­
graphies relating to each part of the report.

At the conclusion of the book,

there is a list of all the publications that have been made under the direction
of the Commission since its beginning.

Many of these have been published in

the Public Health Reports.
Divided into three sections, the report takes up first the discussion
and conclusions drawn from research with 125 morphine derivatives.
studies'

Prom these

it is apparent that specific chemical modifications affect uniformly

neither in direction nor degree, all of the pharmacological actions of alkaloids
of this series»
The second section discusses chemico-pharmacological reactions for more
then 200 synthetic substances built upon phenathrene, dibenzofuran, and carbazole*
Applied to mice, rats, rabbits, and cats, some of these synthetics, especially
in the carbazole series, evidence a considerable degree of pain controlling
action.

All of them, however, exhibited 11 side actions" more or less unde sir able*
The concluding section of the report reviews clinical studies made at

the United States Penitentiary Annex, Fort Leavenworth, Kansas, and at the
United States Public Health Service Hospital, Lexington, Kentucky, This latter
section aimed especially to determine the addiction liability of some 16 se­
lected morphine derivatives.

This portion of tho booklet reviev/s a working method of quantitative
evaluation of the phenomena of abstinence, and discusses tolerance, habituation,

and dependence with their relations to drug addiction.

With the aid of

a

most

modern encephalograph, built at the Lexington hospital, the Public Health
Service lias for the first time an implement for studying the differentiating
action of a series of addiction drugs of known chemical modification in the
study of brain physiology.

This instrument aids in overcoming impediments to

the study of cerebral and other living responses of the nervous tissues, and
provides a new objective technique for studying the living neuro-electtié
reaction.

•^r^AStr.Y ddpardieit?
Uashingt on
jo?, m i m
iscuiGO^a,

m ? o ?:.:i:tg
.¡ovemeer

it

USPAPDRS

prdss

23,1932

no.

sdrvic:

15-Ho

She Comptroller of the; Currency announced today that the total assets of

_

the 5 2I15 active national banks in the continental United States} Ala.ska, Hawaii,
‘end the Virgin Islands of the United States on September 23, 1930» the date of the

¡recent call for statements of condition, aggregated $ 3 ° 7 1 6 3 2 2 0 0 0 , an increase
of $331 ife 000, or 1 . 0 9 per cent, over the amount reported by the 5 2H3 active
bpnhs on June 3 0 , 1933, the date of the previous call, and an increase, of
327 000, or 1.97 per cent, over the amount reported by the 5 2 6 6 active

E H

Leaks oil December 3 1 , 1937*

Loans and discounts, including overdrafts, totaled $3 293 60 H 000, in com­
parison with $3 33'4

1937

*

62k 000 on June

3 0 , 193?, end $3 313

5m

000 011 S c o m b e r 3 1 ,-

.

Investments in United Stakes Government obligations, direct and fully
Guaranteed, aggregating $3 H 7 6

2~[~[ 000, increased $HSS

$U03 393 000 since December last.

5 6 1 000 since Juno and

The d f t c t end indirect obligations held on

Septombor 23, were $0 909 '465 000. and $1 5 6 6 312 000, respectively.

Other bonds,

stocks, and securities held of $ 3 7 7 a 6 9 2 0 0 0 , which included obligations of
States, counties, and municipalities of $1 U92 loo 000, increased $120 1 3 2 000
since Juno and $So 5 7 O 000 since December.

Balances with other banks .and ce,sh items in process of collection of
I fg 636 550 000, including reserve with Federal Reserve banks of $1 6 6 6 035 000,
’•mre $23p 700 000 less than in June, but $503 5 H 7 000 more than in December.
Cash in vault of $ 5 7 1 6HH 000 increased gpl 339 000 and $ lU9 15H 000 in tho three
and nine-month-geriods, respectively.

1*0tad deposits on September 23, 1933, were $27 103 SSI 000, an increase of .
v><uj7 9S7

000 since Jure f|fL and an increa.se of $ 5 6 3 137 300 since December, 1937*

-bo deposits on tho recent cadi date consisted of demand and time deposits of
-.nivi&unls, partnerships, and corporations of $12 6 5 1 771 000 and $ 7 H93 7^3 300,
-'■'Specoivoly, United States Government deposits of $U55 1 6 3 000, State, county,
ana municipal deposits of $ 1 9 ? 2 3 7 6 0 Q0 , postal savings deposits of $ 60 3H 5 0 0 0 ,
uosios of other banks of $H 2 1 1 007 0 0 0 , and certified and cashier’s checks, ca.sh

2

letters of credit end travelers1 checks outstanding, etc., of $2oS H | 000.
D-no^its evidenced by. savings "pas s "books amount od to $6 p92
sented

000, ano. repre­

15 337 933 accounts.

The unimpaired capital stock was $1

of $1 573 ■

000.

569 063 000, representing a par value

letter figure .consists of Class A preferred stock of

$&2gS7 000, Class B nroferred stock of $17 171 000 and common stock of

$1 313 3&-!- 00°*
Surplus of $1 127 075 000, undivided profits of $^3 2 ^59 000, reserves
for contingencies of $l 6H 109 000, and preferred stock retirement fund of
312 709 000, a total of $1 7 3 6 512 000, increased $35 593 000 since June end
§70 1^5 000 since December last gear.

Bills payable of $7 515 000, end rediscounts of $1 607 000, a toted of

$9 122 000, showed on increase of $102 000 since the previous call, but a
decrease of $7lU 000 since last December.

Bho percentage of loons end discounts to total deposits on September 2o,•
1 072 , was
was 30
3< .6 2 , in comparison with

3 I.O0 on June 3 0 , 193^»

Be conb o r 31

-o0 o~

33*21 on

Statement showing comparison of principal items of assets and liabilities of active national banks
as o f S e n t. 2 8 , 1938, June 30, 1933, and Dec. 3 1 , 1937

( i n thousands o f d o l l a r s )

Sent. 28,
1933

June 3 0 ,
1933

Dec. 31t
1937

Increase or decrease
since June 3 0 , 1938.
Amount :

Number of banks

5 2^5

..........................

5 24s

5 266

$ s 33U 62U

$ 8 8 1 3 5^7

Jter Gent .

Increase or decrease
since Dec. 31, 1937
Amount
: I er Gert
-.4 0

-2 1

- .0 6

-3

ASSETS
Loans and discounts, including overdrafts.................... $ s 29s
TJ. $. Government securities:
6 909
Direct obligations.........................................
1
566
Obligations fully guaranteed..............................
1
^92
S tat e , county, and muni d u a l obli gat i o n s .....................
2 284
Other bonds, stocks, and securities
....................
Total loans and investments
........... ...
Reserve with Federal Reserve b a n k s ...........................
Gash in vault .......................... .......................
Balanceg-with other banks .....................................
Total riaserve with Federal Reserve banks, cash,
and b d a n c e s with other banks
............
Other assets
’f’otal assets

.................................................................................................

................

LIABILITIES
Deposits of individuals, partnerships, and corporations:
Demand
........................................
Time
.........................
Postal savings deoosits
.................
T). S. Government deposits
...
State, county, and municipal deoosits
.....
Deposits of other banks
............

" B ills

p a y a b le

...................... ......«

■

-

_

— .......................... ..............--—

-

-......-....- - - - - ..... -.......- - -

6 o4
^65

812
166
526

6 510
1 U7 7
X U1 5
2 2 U0

6
1
1
2

357
359

997
563

763
308
390
299

395
987
656

466

399 10 8

6 .1 3
6 .0 5
5 .38

145

1.96

-l4 9 4 0

2 .87
1.04

-24 9 7 S
149 1^4
15 377
657 701

1 128

- 2 , 56
.1 2

89 ^53
76 169

^3 963
5 72 673
4 7 90s

4 666 085
5 7 1 644
3 970 H 6 5

20 576 551
4 1 7 2 915
422 490
3 9 5 5 088

8.20
^3 339
-333 60S s -7.75

9 208 1 9 U

9 U 30 555

8 550 ^93

- 2U 2 3 6 1

953 755
30 7 1 S 52 2

12

651
7 H9 3
60
455
1 9^2
4 211

771
723

3^ 5
16 3
976
007
288 896

27 103 881
7 515
1

Go j

957

627

997 151

3 0 337 082

30 12 4

19 5

331 4Uo

1 .0 9

1 2 1 3 S 047
7 5 US 899
73 066

1 2 1 6 9 107
7 501 10 1
S 3 888

513 7 2 ^

4.23

394 272

504 278

2 10 6

2 0 1 9 528
3 332 3 9 3

3^2

4 2 11 10 1

429 894
26 54o 694

344 1 6 7

26 315 394
7 731

8 508
_

_

1

3

2

S

9^3

||&#

19 97S 900
4 6 18 17 7
5 2 S 305
U 304 073

20 551 573

-#• B

36 020

-5 5
-12
60
-16 3

176
721
891
366
-9 4

-55 271
287 987
-216

-.73
-17.4 i
1 5 .4 4

-7^76
—16

.0 6

L»Q7
~2- 79
24 .6 7

570

257 8 25
10 1

510

493 1 7 0 “

-3 8

~

w

396

w

4S2 664
-7 378
- 2 3 543
-4 9 115
-7 6 552
378 1 0 9

-lUo 998
563 187
-993
279

-5.84
2 .1 5

19.70
7*30
- .6 5
- .1 2

11.82
35.30
.39
7.69
-3 .8 5
1.97

3.97
- .1 0
- 2 8 .0 6

-9.7^
-3.79
9 .8 6
- 3 2 . 80
2 .1 2
—1 1 . ¿ 7
2 1 . 01

Comparison o f ^ r i n c i n a l item s of a s s e t s and l i a b i l i t i e s o f n a tio n a l banks— Continued

Page 2

( i n thousands o f d o l l a r s )

S e p t. I S ,
1932

I n c re a s e or de c ré a se
s in ce June 30. 1932
Amount :
[-er Cent

June 3 0 ,
1932

Dec. 31»
1937

$ 1 572 900
1 U S 413
582 506

$ 1 577 231
1 100 30s
566 059

- 3 3 237

3 273 S19

3 2*Ä 192
3 2 9 U67
30 124 195

267.361
17 470
1 297 282
1 522 713

In c re a s e or d ecrease
s in c e Dec. 31, 1937
Amount
: P er Cent

LIABILITIES - Continued
C a p ita l s to c k (book v a lu e )
S u rp lu s ..................................................................................
I r o f i t s and r e s e r v e s .

$ 1 569 063
. 1 127 075

?

609 U37

T o ta l c a p i t a l account ................................
Other l i a b i l i t i e s
T o ta l l i a b i l i t i e s

3 305 575
?99 9 4 4 ”
30 7 1s 522

288 349
30 387 082

- .5 6
2 .4 3

4 .6 2

-$ s 76s
26 767
>+3 378

31756
1 1 595
”331 440

•97
" 4 .0 2
1.0 9

a . 377
- 2 9 523
59*+ 327

1 .S 9
-S .9 b
1 .9 7

- 5 928
-3 9
2 03S

- 2 .4 i
- .2 3
,~*l6

424 464
-299
15 4S2

- 3 989

-L 25

-9 2 SI

- 9 .15
- 1 .7 1
1 .1 9

s 662
26 931

- .2 4
•77

7.66

L3L0BAÎÎDÀ
P a r valu e o f c a p i t a l s to c k :
C la ss A p r e f e r r e d s t o c k ....................
C la ss B p re fe rre d s to c k
Common s t o c k ..............................
T o ta l ...............................
R atio o f lo a n s (in c lu d in g o v e r d r a f t s ) to t o t a l
d e p o s its
R atio o f D. S. G-ovr t d e p o s its to t o t a l d e p o sits
R a tio o f p o s ta l savin gs to t o t a l d e p o sits
R a tio o f U. S. GoV*% and p o s ta l savings
d e p o s its to t o t a l d e p o s its
R atio o f I). S. Gov' t o b lig a tio n s h eld to
amount o u ts ta n d in g
D ir e c t
F u lly g u aran teed a s to i n t e r e s t and n r in c ijia l

U o t e t "Vi.Tvu.s s i g n

denote

d e c re;a s e .

242
17
1 313
1 573

S97
171
36U
^32

24g 885
17 210
1 311 326

1 577 *121

3 3 .2 1
1 .9 0

1 e r Cent
1 e r Cent
1 e r Cent

30.62

3 1 .0 8

l.6 s
.22

um
.27

1 e r Cent

1 .9 0

1 .7 4

2.22

P er Cent
P e r Cent
Jr e r Cent

1 9 .7 s
i s . 25
3 1.2 7

19 .2 8
1 7 .2 0
3 0 .4 4

i s . 43
2 8 .1 8

.3 2

1 9 .5 2

-.5 9

PRESS RELEASE
The Commissioner of Customs today announced that preliminary
reports from the collectors of customs show total imports of
44,681,855 pounds of white or Irish certified seed potatoes, under
the quota provisions of the Canadian Trade Agreement, during the
period December 1, 1937, to November 19, 1938,
This total represents 99.3 per cent of the quantity allowable
under the tariff rate quota on importations of this commodity for
the twelve-month period ending November 30, 1938.

TREASURY' DEPARTMENT
Washington

FOR IMMEDIATE RELEASE,
’
Monday, November 21, 1938.

,

Press Service
No. 15-41

The Commissioner of Customs today announced that-preliminary reports from
the collectors of customs show total imports of 44,681,855 pounds of white or
Irish certified seed potatoes, under the quota provisions of the Canadian Trade
Agreement, during the period December 1, 1937, to November 19, 1938.
This total represents 99*3 per cent of the quantity allowable under the
tariff rate quota on importations of this commodity for the twelvo-month period
ending November 30, 1938.

— oOo—

\

m

m u m m nwmmmr

U i ington
for WLmm$ mwam nmm>Am
Tuesday^ Noreaber 33» m > i

t

Press smie
/s~~ f ^

lbs Secretary of ti» Treasury announced last evening that the tends
for #100,000,000, or thereabouts, of 92-day Treasury bills, to be dated Hoto*.
ber BS, 1958, sad to eaters February £5, 1909, which were offered on November
were opened at the Federal Rossrve banks on November £1»
Thedetails
Total applied for
Total accepted

of this issue are as follows :
* #583,934,000
* 100,333,000

Range of accepted bids!
Bigi

Low
Average price

- 100*

•
-

99*993 Equivalent rate approximately 0*037 percent
99.993
*
•
*
0.03d
"

{90 percent of the amount bid for at the low price was accepted)

TREASURY DEPARTMENT
Washington

FOR RELEASE, MORNING- NEWSPAPERS,
Tuesday, November 22* 1938, ____
11/21/38

Press Service
E o . 15-42

The Secretary of the Treasury announced last evening that the tenders
for $100,000,000, or thereabouts, of 92-day Treasury bills, to be dated November
23, 1938, 'and to mature February 23, 1939, which were offered on November 18,
wore opened at the Federal Reserve banks on November 21.
The details of this issue are as follows:
Total appliedfor
Total accepted

- $323,934,000
100,323,000

Range of accepted bids:
High
Low
Average price

- 100.
99.993
- 99.993

Equivalent rate approximately 0.027 percent
1
M
”
0.026
11

(90 percent of the amount bid for at the low price was accepted)

— oOo—

- 2 ~

For these four weeks, also, the number of typhoid and poliomyletis
gj

cases reported C K t h e lowest on record in the decade for which similar data
on these diseases is available*
Altogether the communicable disease situation is quite favorable

TREASURY DEPARTMENT
U. ö. Public Health service
Washington
j ï

-

FOE^RELEA ö E,
Friday, November 25. 1938

Although the reported number of cases of influenza (3,836) over the
country^ for the month ending November 5 %

was about '%^fifift#^qfMgher than

the average incidence for this period through the five-year median, 19 3 3 - 1937,1
no fears of unusual prevalence are yet expressed by the United states Public
'Rëpor^ ü o v e m b e r 25, 1938) »
During this current four-week period^ the incidence increased about

U^) over

the preceding four weeks, but such

this season of the year*

increase is normally expected at

it*dB^about 3|$}above the figure reported for the

corresponding period in 1937*

while the number of cases so far this year for tfaf

country as a whole has not been unduly large (53,784-), the incidence has main­
tained a relatively high level since the latter part of the summer*'/fe

kufifefev* WdAttdtjJL JL

J

For this same period, measles cases showJ% reduction of 2 f u n d e r
last year j and scarlet fever, 25^} below the five-year median and life'under last j
year, remain^"relatively low", according to the report*

Spinal meningitis

continuej^very favorably" with a total of only 168 cases as compared with 246
in the same period last year.
After a period of comparatively high incidence, the number of cases
of smallpox has dropped to a more normal level— almost 50$ below last years’/
figures for the same period.
"While diphtheria during these four weeks

somewhat more

prevalent

than for the same time last year, it ^¡fstill less than 8<j$) of the 1933 - 193?
average incidence*

year for the country as a whole has’ not teen unduly large (53,784), the incidence
has maintained a relatively high level since the latter part of the summer, the
weekly bulletin indicated.
For this same period, meanles cases showed a reduction of 25 per cent
under last year; and scarlet fever, 25 per cent below the five-year median and
10 per cent under, last year, remained ’’relatively low,” according to the report*

Spinal meningitis continued ’’very favorably” with a total of only 168 causes as
compared with 246 in the same period last year.
After a period of comparatively high incidence, the number of cases of
smallpox has dropped to a more normal level —

almost 50 per cent below la,st

year’s figures for the same period.
While diphtheria during these four weeks was somewhat more prevalent than
for the same time last year, it was still less than 80 per cent of the 1933— 1937
overage incidence.

TREASURY

DEPARTM ENT

U. S. P U B L IC H EALTH S E R V IC E

MEMORANDUM
date

from :

November 23, 1938

Ernest R. Bryan

T0: Mr* Charles Schwarz

There is transmitted herewith release dated Friday, November
2 $, 1 9 3 8 , on communicable disease incidence for the month ending November

TREASURY- DEPARTMENT
U# S. Public Health Service
Washington

FOR IMMEDIATE RELEASE,
'
Friday, November 25, 1938.

Press Service
No. 15-43

Although the reported number of cases of influenza (3,836) over the
country for the month ending November 5 was about 50 per cent higher than the
average incidence for this period through the five-year median, 1933-1937, no
foars of unusual prevalence are yet expressed by the United States Public Health
Service, it was pointed out today (PUBLIC HEALTH-REPORTS, November 25, 1938),
During this current four-week period the incidence increased about 45
per cent over the preceding four weeks, but such an increase is normally expected
at this season of the year.

It wan shout 35 per cent above the figure reportod

for the corresponding period in 1937.

While the number of cases so far this

IIyear for the country as a whole has not been unduly large (53,784), the incidence
■ has maintained a relatively high level since the latter part of the summer, the
■ weekly bulletin indicated.
For this same period, measles cases showed a reduction of 25 per cent
■under last year; and scarlet fever, 25 o'er cent below the five-year median and

■m

B -0 per cent under last year, remained "relatively low," according to the report*
Bpinal meningitis continued "very favorably" with a total of only 168 canes as
Bompared with 246 in the same period last year.
After a period of comparatively high incidence, the number of cases of
Bfflallpox has dropped to a more normal level -- almost 50 per cent below lent

Brear*s figures for the seme weriod.
While diphtheria during these four weeks was somewhat more prevalent than
B o r the same time last year, it was still less than 80 per cent of the 1933-1937
■average incidence.

-

2

-

For these four weeks, also, the number of typhoid and poliomyletis cases
reported was the lowest on record in the decade for which similar data on those
diseases is available.
Altogether the communicable disease situation is quite favGrablet the
Health Service publication declared.
0O 0 — p

For Release:

the prediction that there would eventually be found a rodent reservoir and
a rat-flea vector to transmit it to man, were continued by Public Health
Service Doctors Holla E. Dyer, Adolph S. Rumreich, and Lucius F. Badger,
who in 1931 obtained the virus from wild rat fleas in Baltimore*
remained for Dr. Brigham to prove the rodent reservoirs*

DB she
u / 23/38

It has

TREASURY DEPARTMENT
U. S. RUBLIU HEALTH SERVICE
Washington

For Release:

.....

aided

|ii i n

oi anima-Ls native

to the list of those susceptible to endemic typhus fever, and theje-

lore possible interigediate reservoirs of infection which may be tapped t y
insects and thus transferred to man.

3

Previous^l^reported from the Typhug^iC^search Laboratory, Mobile,]
Alabama, by Dr. George

t;ajat; Bacteriologist, U. S. Public

Health Service, were thj^rtircS^
footed, oldfield,

Jr

¿j&ton,

squirrel; opossum; meadow, mite

and golden mouseJii^Qd, cotton, and rice rati

Furtharstudies (Public Health Reports, Novafcft>er 25, 193 B) by

I

Dr. Brisjffam have now added the gray and fox squirrel; cottontail and swamp
rapj^

animals used m

all these ^experiments

Their susceptibility in each instance was determined by recovering
the virus at varying intervals of from 5 to 24- days following the primary
inoculation— that is, they were inoculated with the virus of guinea pigs
previously infected with a stock strain of endemic typhus which had been
first studied in the pigs for clinical reactions.

No strains of the dis­

ease virus recovered from the test animals differed from the original
strain.

Background:
Endemic typhus is of native origin, a fever of milder clinical form
and less frequent complications than the old-world epidemic scourge.
is it to be confused with typhoid fever.

Limited thus far in its

NeitM

distribu­

tion to a few southeastern coastal States, endemic typhus is an acute infeC
tious disease transmitted sporadically by the rat-flea only.

The studies

begun in 1926, terminating in its description as an indigenous disease and

(

I±

M

i

For Monday pmfs

Six new species of animals native to this c|
have been added to the list of those susceptible to endemic
typhus fever, and therefore possible intermediate reservoirs
of ir^^tion which may be tapped by insects and thus transfer]
to man, the Public Health Service reported today.
The gray and fox squirrel, the co&ifcontail
and swamp rabbit, the chipmunk and the skunk have been
typhus
found to match the/class ification of the woodchuck, flying
squirrel, opossum, dBS&gflBK and the meadow, whitefooted,
oilfield, cotton and golden mouse and the wood, cotton and
rice rat j according to the current issue of PUBLIC HEALTH M
a

The experiments developing the enlarged
list of susceptible animals were conducted by Dr. George D,
Brigham, Assistant Bacteriologist, United States Public
Health Service, at the Typhus Research Laboratory, Mobile,
Ala.

All the animals used in the experiments were trapped

in southern Alabama.
more

TREASURY DEPARTMENT
U.S. Public Health Service
Washington

FOR RELEASE, AFTERNOON NEWSPAPERS,
Monday, Novemher 28, 1938._________

Pross Service
^0# 15-44

Six new species of animals native to this country have been added to the
list of those susceptible to endemic typhus fever, and therefore possible intc3>
modiate reservoirs of infection which may be tapped by insects and thus trans­
ferred to man, the Public Health Service reported today.
The gray and fox squirrel, the cottontail and swamp re.bbit, the cnipmunk
and the skunk have been found to match the typhus classification of the wood­
chuck, flying squirrel, opossum, and the meadow, whitefooted, oldfield, cotton
and golden mouse and the wood, cotton and rice rat, according to the current
issue of PUBLIC HEALTH REPORTS.
The experiments developing the enlarged list of susceptible animals wore
conducted by Dr. George D. Brigham, Assistant Bacteriologist, United Sta/bes
Public Health Service, at the Typhus Research Laboratory, Mobile, Alabama«

All

the animals used in the experiments were trapped in southern Alabama.
Their susceptibility in each instance was determined by recovering the
virus at varying intervals of from 5 to 24 days following the primary inocula­
tion *—

that is, they were inoculated with the virus of guinea pigs previously

infected with a stock strain of endemic typhus which had been first studied in
the pigs for clinical reactions*

No strains of the disease virus recovered

from the test animals differed from the original strain.
Background:
Endemic typhus is of native origin, a fever of milder clinical form and
less frequent complications than the old-world epidemic scourge.

Neither is it

-

to Ido confused with, typhoid fever.

2

-

Limited thus far in its distribution, to a

few southeastern coastal States, endemic typhus is an acute infectious disease
transmitted sporadically by the rat-floa, only.

The studies begun in 1926,

terminating in its description as an indigenous disease and the prediction that
there would eventually be found a rodent reservoir and a rat-flea vector to
transmit it to man, were continued by Public Health Service Doctors Holla, B.
Dyer,'Adolph S. Rumreich, and Lucius 3?. Badger, who in 1931 obtained the virus
from wild rat fleas in Baltimore.

It has remained for Dr. Brigham to prove

the rodent reservoirs*
— o0 o~—

'fa/x^ifcïï*\t

Statem ent by

n

"We have had several inquiries "by newspapermen

rïîli

S - cxJ htu£\

statem en ts made by F a th e r Coughlin in a ra d io ad d ress y e s te r d a y . F a th e r
Coughlin i s re p o rte d to have read paragrap h s which he s a id were taken from
.h r a r t i c l e
^
a h o o l^ w ritten hy Den#is Fahey, whom he d e s c r ib e d .a s a P r o f e s s o r o f Philosophy!
a t B la ck ro ck Sem inary, D ublin, I r e la n d . The e x t r a c t a t t r i b u t e d to Professor
Fahey in tu rn p u rp o rts to quote from a document p u b lish ed in 1920 by Documental
C atholique o f

P a r i s , which a s c r i b e s to ’^he American S e c r e t S e r v i c e 1 responsilj

fo r\ s M tm e » th _ sa id to have been fu rn ish ed to the Fren ch High Commissioner
d e a lin g w ith th e fin a n c in g of the Russian r e v o lu tio n o f 1 9 1 7 .
.J a m

.

Ç

j o f

.

UUvuJ^dL J U A jU?

i, fc

_

The only Anviy ft™ ’1 governm ental a g e n c é icnowh era # •S e c r e t S e r v ic e 1 is

11

the U nited S ta t e s S e c r e t S e r v ic e , which i s a var&em o f th e T reasu ry Department,!
I have
,

*

' 11 n

p

i

r \ihfiii

r i,w. T r ? T it S r n r i r 0 .

T

Cê **s/v*y}
¿A*
/v**- /f / 6 T&
.»Vii<1m o m 1'"'
W i W ^ W f ^ w g g g W f t i■William H. Moran, w ith r e s p e c t to t*he statements

made and quoted by F a th e r Coughlin. They know o f no such in v e s tig a tio n n r
-report- a s th a t which F a th e r Coughlivh,^HMBS», and

q u ite c e r ta i n that

no such r e p o r t was ev er made by th e U nited S t a te s S e c r e t S e r v i c e .11

rz

I

TREASURY DEPARTMENT
Washington
Î0R IMMEDIATE RELEASE,
Monday, November 28, 1938.

Statement by Prank

Press Service
No. 15-45

Wilson, Chief, United States Secret Service*

HWe have had several inquiries by newspapermen about statements made
by Father Coughlin in a radio-address yesterday*

father Coughlin is re­

ported to have read paragraphs which he said were taken from a book or
article written by Denis Fahey, whom ho described as a Professor of Philosophy
at Blackrock Seminary, Dublin, Ireland*

The extract attributed to Professor

Fahey in turn purports to quote from a document published in 1920 by Docu­
mentation Catholique of Paris, which ascribes to *The American Secret Service*
responsibility for statements said to have been furnished to the French High
Commissioner dealing with the financing of the Russian revolution of 1917.
nThe only United States governmental agency having the name of *Secret
Service* is the United States Secret Service, which is a division of the Treasury
Department*

I have investigated our records and questioned members of the

service ?/ho were on duty from 1916 to 1920, including my predecessor, William
H. Moran, with respect to the statements made and quoted by Father Coughlin*
They know of no such investigation or report as that v/hich Father Coughlin
discussed, and it is quite certain that no such report was ever made by the
United Stages Secret Service ,n

— o0 o->

m iM IB T DRPaHISOTT
Waahington

7o» mms»,

mmmQ mmmmm,

Pros» Sonrio«

Tueaday. Horeiabar 29» 1938,
11/28/3#
'

Tiie Secretary of tibe Treasury aruaoimced last ©▼©ning thut tfae
tendera

for

#100,000,000, or tfcereaboute, of 91~áay Treasury bilí», to be

dated HoYomber 30, 1938, and to aature Mar oh 1, 1939, whieh «ero offered
on Roveriber 83, ver» oponed at the Federal Rasarte banke on Novasber 88#
Tlie detall» of t&ls lesee are as followss
Total applied for
Total aeeepted

*
*

#325,620,000
100,308,000

Rango of aecepted bidet
High
Low
Areregt prioe

* 100*
- 99,994
•

(42 pareetit of tfee amount bid

Squitulent rete approriaately 0,024 percató
99,995

for

*

*

*0,021

at tfae low prloe wae acoepted)

TREASURY DEPARTMENT
Washington
FOR RELEASE, MORNING NEWSPAPERS,
Tuesday,
» » November 29, 1938.

Press Service
No. 15-46

The Secretary of the Treasury announced last evening that the tenders
for $100*000,000, or thereabouts, of 91-day Treasury bills, to be dated
November 30, 1938, and to mature March 1, 1939, which were offered on November
25, were opened at the Federal Reserve banks on November 28*
The details of this issue arc as follows?
Total applied for
Total accepted

- $325,620,000
- 100,304,000

Range of accexoted bids;High
Lo w
Average price

- 100.
~ 99.994 Equivalent rate approximately 0..024 percent
- 99*995

n

n

11

0.021

(42 percent of the amount bid for at the low price whs accepted)

■oOo— »

lf

2
Government
Securities
Fund or Agency

$ 2 ,6 6 5 , 5 0 7

totals ■brought f o r w a r d ..... ..*•••••<
District of Columbia Water Fund ....
Unemployment Trust Fund •••••••••...<
Railroad Retirement Account ••••••«•<
Old-Age Reserve Account
Foreign Service Retirement and
Disability Fund .•••••••••»•••»»*«<
Canal Zone Retirement and Disability
Fund (l) ...... • •••........... .
Adjusted Service Certificate Fund ..
Alaska Railroad Retirement and
Disability Fund ••••••...........

Governmentguaranteed
Securities
(0 0 0 omitted)
$ 269,902

$ ^ ,6 7 6

736
9 3 6 ,0 0 0

«.
mm

-

^7,700

mm

-

—

-

-

-

mm

a.

—*

-

mm

-

7 9 8 ,3 0 0
3 .5 9 6

2 3 ,2 0 0
522

$H, 5 1 9 , 6 0 7

Totals .....

Other
Securities

$ 2 6 9 ,9 0 2

$ ^ ,6 7 6

$

$766,105
2,550
25,7^
75,^2
25
-

As of October ^1. 19.18:
Federal Farm Mortgage Corporation .»•••• $
Federal Land Banks •••••••••••...... .
Federal Intermediate Credit Banks .«..••
Banks for Cooperatives ............... .
Production Credit Corporations ••«••••••
Production Credit Associations
Joint Stock Land Banks **
Federal Home Loan Banks .•..... ••.«••••
Home Owners1 Loan Corporation
Reconstruction Finance Corporation
Inland Waterways Corporation ** ........
U.S. Spruce Production Corporation. •••••
U.S. Housing Authority ...........
Totals ••••••••• $
Rote:

*

**

—

6 IJIO
6 9 ,0 0 0
6H, 502
I k , 23S
5 ,6 1 8
2 ,0 5 5
3 0 ,6 1 6
1 ,1 0 0
U s,020
3 ,^ 7
125
2^50
3 0 0 ,7 2 1

5 ,0 0 0
2 3 ,9 9 5
5 ,3 7 1
7 ,2 1 2
6 ,8 9 7
8,k S 3
-

a.

$ 5 6 ,9 3 8

—

$869,8®

All trust funds may be invested in Government and Governmentguaranteed securities, and certain funds may also be invested
in additional securities as indicated:
(1) In Federal Farm Loan Bonds.
(2) Ho Limitations.

Consist principally of Federal Farm Loan Bonds and Federal
Intermediate Credit Banks Debentures.
Latest figures available.

oOo-

TREASURY DEPARTMENT
Washington

POE EELEA.SE, / ^ U ^ t ^ - 7

Press Service
Ho.

t?&~

Secretary Morgenthau released today the following statement relative t
the amount of Government and other securities held in governmental trust account
anri "by- governmental corporations and agencies?
SECURITIES HELD AS IW E S T MEETS IE T O S T FUELS AID IE ACCOUNTS
OP CERTAIH GOVERHMiSHTAL CORPORATIOHS AND ACEHCIES
OH DATES INDICATED

Fund or Agency

Government
GovernmentSecurities
guaranteed
______________securities

Other
Securities

(000 omitted)
As of October 26^..193£s
Postal Savings System .............. .
Eederal Deposit Insurance Corporation • •••
Individual Indian Trust Funds •••••••••••*
Mutual Mortgage Insurance Fund and
Housing Insurance Fund ............... .
Federal Savings and Loan Insurance Corp...
Civil Service Retirement and Disability
Fund ......... ....... ........... .
U, S. Government Life Insurance Fund (l) . •
D.C. Teachers* Retirement Fund (2) •«••••«
Alien Property Custodian Fund ••••••••••»«
Panama Canal Zone Funds (l) ..............
General Post Fund, Veterans* Administra­
tion . ...... ........ .
Library of Congress Trust Fund (2) •••••••
D.C. Workmen’s Compensation Fund (l) »••••
Longshoremen’s and Harbor Workers*
Compensation Fund (l)»«..•••♦•••••••••••
German Special Deposit Account ........ .
National Institute of Health Gift Fund
Coup troll er of the Currency Enployees*
Retirement Fund
Pershing Hall Memorial Fund ••••••••••••••
national Park Trust Fund (2) ......... .
Ainsworth Library Fund, Walter Reed
General Hospital »••••••••....... ••••••

$ 9b3,66b
369,091+
te .l +57

$ l66,83h

19,686
10,365

||
102,887

*463,boo
7 7 1 .7 8 2
5 ,7 0 2

30,810
1,850
1,067
1
10
116
3 ,9 5 7
S3
1 . 21+3

19s
12

10
$2,665,507

-

$ -

21

71
-

m
-

- 95
-

5

142,067
1,965
90

290

1
278

11

—

10

—

—

^3
mm

00
mm

00
mm

- ___
$ 269,902

ffebb,6l6

TREASURY DEPARTMENT
Washington
FOR RELEASE, CORNING NEWSPAPERS
Wednesday, No vom her 30, 1938

Press Service
No. 15-47

Secretary Morgenthau released today the following statement relative
to the amount of Government and other securities held in governmental trust
accounts and by governmental corporations and agencies5
SECURITIES HELD AS INVESTMENTS IN TRUST FUNDS AND IN ACCOUNTS
OP CERTAIN GOVERNMENTAL CORPORATIONS AND AGENCIES
ON DATES INDICATED

Fund or Agency

Government Government—
Other
Securities guaranteed Securities*
__________securities_____________
(0 0 0 omitted)

As of October 26, 1938:
$
Postal Savings System ............. ...... ..
Federal Deposit Insurance C o r p o r a t i o n..... '•
Individual!. Indian Trust F u n d s ...... .
Mutual Mortgage Insurance Fund and
Housing Insurance F u n d .... ................
Federal Savings and Loan Insurance Corp......
Civil Service Retirement and Disability
Fund ................ .'.............. .......
U. S. Government Life Insurance Fund (l) ....
D.C. Teachers* Retirement Fund (2) ......... .
Alien Property Custodian F u n d ...... .»......
Panama Canal Zono Funds (l) ................ .
General Post Fund, Veterans 1 Administra­
tion .......... ...... ................... ,..
Library of Congress Trust Fund (2) ..........
D.C. Workmen*s Compensation Fund (l) ........
Long shor emen *s an d Harbor ?iork or s *
Gomoensati on Fund a ) .....................
Gorman Special Deposit Account ..... .
National Institute of Health Gift Fund .......
Comptroller of the Currency Employees*
Retirement Fund .......... ......... ...... .
Pershing Hall Memorial F u n d .............. ...
National Park Trust Fund (2 ) ........... .....
Ainsworth Library Fund, Walter Reed
General Hospital ............ ......... ......

943,664
369,094
42,457
19,686
10,365
463,400
771,782
5,702
30,810
1,850

$

166,834

m

$

-

21

71
—

102,887

—
—

*#.

95
5

42,067
1,965
290

1,067

1

1
10

278
-

116
3,957
83

—

—

—

-*

-

—

1,243
198
12
10

11

43

10

Ml

*

Fund or Agency

2

-

Government
Securities

Totals brought f o r w a r d .............. ... $2,665,507
District of Columbia Water Fund . . ...
736
Unemployment Trust F u n d .... ........
936,000
Railroad Retirement Account ........
87,700
Old-Age Reserve Account .............
798,300
Foreign Service Retirement and
Disability F u n d ...................
3,596
Cruel Zone Retirement and Disability
4,046
Fund (1) ..........................
Adjusted Service Certificate Fund ...
23,200
Alaska Railroad Retirement and
Disability Fund ............. ......
522
Totals ... ___ $4,519,607

Governmentguaranteed
Securities
(000 omitted)
$ 269,902

Other
Securities*

$ 44,676

-

-

-

-

-

-

—
$ 269", 902

*•
$ 44,676

$

$766,105
2,550
25,748
75,452
25
- ..
—
$869,880

As of October 31, 1938:
Federal Farm Mortgago Corporation ... ... $
Federal Laud B a n k s ............... ...
Federal Intermediate Credit Banks ...
Banks for Cooperatives ..............
Production Credit Corporations ......
Production Credit Associations ......
Joint Stock Land Banks ** ..........
Federal Home Loau Banks .............
Horne Owners 1 Loan Corporation......
Reconstruction Finauce Corporation .. ...
Inland Waterways Corporation * * ....
N«S. Spruce Production Corporation ..
N.S. Housing-Authority ...... ........
Totals ...... ... $
Note:

61,710

69,000
64,502
14,238
5,618
2,055
30,616

5,000
23,995
5,371
7,212
6,897
8,463

1,10 0

48,020
3,487
125
250
300,721 “ i

fV
—

56,938

All trust funds may Too invested in Government and Governmentguaranteed securities, and certain funds may also "be invested
in additional securities &s indicated:
(1) In Federal Farm Loan Bonds.
(2) No Limitations.

Consist principally of Federal Farm Loan Bonds and Federal
Intermediate Credit Barks Debentures.
* Latest figures available.
■oOo-

~!W~

ascertained by adding—
Gross sales (where inventories are an income-determining factor);
Gross receipts (where inventories are not an income-determining
factor);
Interest on loans, notes, mortgages, bonds, bank deposits, etc.;
Interest on obligations of the United States;
Bents;
Boyalties;
Capital gain;
Gain mmkrnim from sale or exchange of property other than capital
assets;
Dividends; and
Other income required by the Revenue Act to be included in gross
income.
All other corporations must use Form 1120.w
In general this change makes effective for corporations the same prin­
ciple which has been applied for years to individuals in the matter of pro­
viding a smaller and simpler form for taxpayers with small incomes.
All income tax forms have been revised to give effect to the changes
made necessary by the revenue act of 1933 and to make such other changes as
were possible to aid the taxpayers in computing their tax liability as re­
quired by law. [ T heforms will be available for release and distribution by
the collectors of internal revenue during the first week in January.

The

revision of the returns was '»aiftdieeUJ^rthe committee on internal ^revenue
forms,$ M a S i ^ l i S ^ i H ^ ^ ‘
^ ^ U<Atkeson, J. 1. Jenkins, and George Targett of the
Income Tax Unit and H. C. Armstrong and W. D. Freyburger of
Counsel

ei

ary Mor^aitbau announced today th at” r u r t u ^ '151'f O P T *#**$£1
of

income ta x retu rn s had re su lte d in the adoption of a four-na^

corp oration incoffitHkafcaJhrm fo r 19 3 S which may he usj^sbiP^^^roximately eighf
ive percent of the c o rp o ra tions^ ^ ^gfjg gghtry as compared with a six-page
urn which they werejj^agtfffed to f i l e l a s t y ^ N ^ JT h is change w ill materiali}
f a c i l i ta t e^Jrf*éppr ep arati on of the retu rn as i t i s |illt i i^ lt l n nini i8
preparation wheth er p repared manually or ljji (ijipem i I’PT

oreover,j

»
ran

save the time of the corporations* o fficials in studying items and instructio|
because a ll the items and instructions which are not applicable to about
eighty-five percent of the corporations have been omitted from M gi new form,I
The items eliminated relate to the more complex tax computations and the basic!
surtax cred it, which apply only to corporations with net incomes of more than]
$25,000.
omi 1 1 ed
JEhi.

Detailed instructions with respect to these items/hav? also/been
kJJÙL^f h
■iom»'Mpaijgg r e feuwft ferai ■

wfrlA »»ìfte»<iii

■&Aimm

The instructions appearing on this form with respect to the corporations
which should use i t are as follows:
M
A11 corporations required to make a return as described above
must use Form 1120 A i f thè net income as defined by section 21
(item 30 , page l) is not more than $25,000 (or no net income) and
the total receipts from a ll sources are not more than $250 , 000; ex­
cept the following classes of corporations which, irrespective of
amounts of net income (or d eficit) or total receipts, must file on
Form 1120 :
* » •* Id àfc
(a) Banks as defined in section 1
0
ntA -KI \
(b) Corporations organized under China Trade Act, 19^2.
*•
(c) Corporations entitled to benefits of section 2 5 1 «
"
(d) Foreign corporations engaged in trade or business
within the United States or having as office or place
of business therein. (Nonresident foreign corporations
must use Form 10U0-NB.)
(e) Insurance companies (lif e insurance companies must use
Form 1120 L ) .
(f) Mutual investment companies.
For the purpose of determining whether your total receipts from
a ll sources are not more than $250 , 000, total receipts should be

TREASURY DEPARTMENT
Washington

- -7 jg/jf
For immédiat© released

—

r~'~W§cinesday, November 3:^^19387

Press Service
Ho. Î Ç - - L 4 Ÿ

Secretary Morgentiiau today approved a new
fourrage lift corporation income tax form that will provide
simplified returns for approximately eighty-five per cent of
the business organizations of the nation«'
With certain minor exceptions, corporations
with total receipts of not more than $250,000 and net income of not
more than $25,000 will be provided with the new Form 1120A* 'ISSfe ïbr
1937 business operations^S
f a l l ^ w f P S ^ ^ K n s ^ b h e i r returns on the six-page Form 1120,
^Gi^ried out uadef the direction of :

rS
H an
iaal'
it'my
ijpf iTn1iii“
H
mulm
^ J*TPBriiiij _tTin development of the new return for
smaller corporations was a continuation of the program of tfVBpftMc
sinplifi cation undertaken last year by Secretary Morgenthau and
Roswell Magill, former Under Secretary of the Treasury,1 and inaugu­
rated with inproved returns for individual income*
The smaller corporation form for use beginning
with the 1938 taxable year, experts of the Bureau of Internal Revenue
said, will materially facilitate the preparation of the return as it
is physically more manageable ixffik preparation, whether conpleted
manually or by typewriter/

TREASURY DEPARTMENT
Washington
fo r i m m e d i a t e r e l e a s e

Wednesday, November 3D» 1938

Press Service
No. 16-48

Secretary Morgenthau today approved a new four-page corporation income
tax form that will provide simplified returns for approximately eighty-five
per cent of the "business organizations of the nation.
With certain minor exceptions, corporations with total receipts of not
more than $250,000 and net income of not more than $25,000 will he provided
with the new Form 1120A.

For 1937 business operations, all corporations

made their returns on the six-page Form 1120, .
Carried cut under the direction of Guy T. Holvering, Commissioner of
Intornai Revenue, the development of the new return for smaller corporations
wa» a continuation of the program of simplification undertaken last

yGcT by

Secretary Morgenthau and Roswell Magill, former Under Secretary of the Trec..sury,
and inaugurated with improved returns for individual income#
The smaller corporation form for use beginning with the 1938 taxable year,
experts of the Bureau of Internal Revenue saidr will materially facilitate
the preparation of the return a.s it is physically .more manageable in prépara,tion, whether completed manually or by typewriter.
Moreover, they said, it will save the time of the corporations* officials
in studying items and instructions because all the items and instructions
which are not applicable to about eighty-five per cent of the corporations
have been omitted from the new form.The items eliminated relate to the more complex tax computations and
the basic surtax credit, which apply only to corporations with net incomes
of more than $25,000.

Detailed instructions with respect to these items

&lso have been omitted from the smaller form.

The instructions appearing on this form with respect to tnc corporations
which should use it aro as follows:
'»All corporations required to make a return as described above
must use Form 112QA if the net income as defined by section 21
(item 30, page l) is not more than $25,000 (or nc not income) and
the total receipts from all sources are not more than $'250,000; ex­
cept the following classes of corporations which, irrespective of
amounts of net income (or deficit) or total receipts, must file on
Form 1120:
(a) Banks as> defined in section 104, Revenue Act of 1938,
(b) Corporations organized under China Trade Act, 1922.
(c) Corporations entitled to benefits of section 251, Revenue Act
of 1938,
(d) Foreign corporations engaged in trade or business within
the Unfed States or having an office or placo of business
therein.
(Nonresident foreign corporations must use Form
1040-dJB.)
(e) Insurance companies (life insurance companies must use
Form 1120 L)
(f) Mutual investment companies.
For the purpose of determining whether your total receipts from
all sources aro not more than $250,000, total receipts should be
iscertainod by adding—
Gross sales (where inventories are an income— determining factor) ;
Gross receipts (where inventories axe net an income-determining
factor);
Interest on loans, notes, mortgages, bonds, bank deposits, etc.;
Interest cn obligations of tho United States;
Rent s ;
Royalties;
Capital gain;
Gain from sole or exchange cf property other than capital
a-ssets;
Dividends; and
Other income required by the Revenue Act to be includ.ed in gross
income.
All other corporations must use Form 1120.”
In general this change makes effective for corporations the same prin­
ciple which has been applied for years to individuals in the matter cf provi&ing a smaller and simpler form for taxpayers with small incomes*
All income tax forms have been revised to give effect to the changes
cade necessary by the Revenue Act of 1938 and to make such other changes as
were possible to aid the taxpayers in computing their tax liability as re­
quired by law.

3

The fore 9 will "be available for release and distribution by the
Collectors of Internal Revenue during the first week in January.

The re­

vision of the returns was the work of the Committee on Internal Revenue R o m s ,
whose members are: T . .C. Atkeson, J. E. Jenkins, and George Targett of the
Incone Tax Unit and H. C. Armstrong and W. D. Freyburger of the Office of the
Chief Counsel of the Bureau of Internal Revenue.

- 0 O 0-

TREASURY DEPARTMENT
Comptroller of the Currency,
Washington

POR IMMEDIATE RELEASE
WEDNESDAY, NOVEMBER 3 0 , 19 3S

PRESS SERVICE
Wo. 15-1+9

The Comptroller of the Currency announced today,
that Mr. W. H. Baldridge, Chief National Bank Examiner
for the Ninth Federal Reserve District, with head­
quarters at Minneapolis, Minnesota, is Being trans­
ferred to the position of Chief National Bank Examiner
for the Tenth District, with headquarters at Kansas
City, Missouri; that Mr. Irwin D. Wright, Chief Na­
tional Bank Examiner for the Tenfeh District is Being
transferred from Kansas City, Missouri, to tho position
of Chief National Bank Examiner for the Twelfth District,
with headquarters a t .San Francisco, California; and that
William Prentiss, Jr., Chief National Bank Examiner for
the Twelfth District, is Being transferred from San
Francisco to the joosition of Chief National Bank Exam­
iner for the Ninth District with headquarters at
Minneapolis, Minnesota..

TREASURY

DEPARTM ENT

U. S- P U B L IC H EALTH S E R V IC E

MEMORANDUM
DATE

fro m :

Philip

T0:

Mr* Charles schwars

3 .

November 18, 1938

Broughton

There attached herewith a release on trichinosis
antigen*

This release should be held until December 2 because

it is based upon the Public Health Report which comes out on
that date*

^
;
öe^.
Philip'S* Broughton
In Charge, Office of
Health Education

3'

out
Authorities pointAthat the geographic distribution of reported
cases of trichinosis in the United States is correlated rather
closely -with the practice of feeding uncooked garbage to hogs*

Hogs

maintained on uncooked garbage have shown an incidence of trichinae
of approximately 5 percent and at the present time pork from such
swine appears to be the chief source of trichinosis in man*

The States

of New York, California, -Massachusetts, and Pennsylvania in the order
named lead all others in the number of reported cases of the disease*
In these States the feeding of uncooked garbage to swine is extensively
carried on*
Evidence indicates also that many municipalities are contributing
directly to the spread of trichinosis through sanction of the practice
of feeding uncooked garbage to swine, maintained either on farms
operated by the municipality or on farms operated by private contractors*
Such hogs are usually slaughtered locally thus exposing inhabitants of
the same city to the dangers of trichinosis*
a
Public health workers point out that it isAsimple matter for the
individual to guard against the contraction of the disease —

the mere

matter of cooking pork until it is thoroughly done is a sufficient
measure of protection*

The occurrence of the disease, therefore, is

not a reason for restricting the consumption of pork but rather a
reason for cooking pork well prior to its use*

2

exhibits a marked specificity and excellent keeping qualities*

Samples

exposed to sunlight and room temperatures for periods as long as six
months have shown no loss of potency when tested b y the precipitin
method*

The material may also be put up in hermetically sealed vials

and stored until needed*
Trichina antigen prepared in the new manner and used for
precipitin and intradennal tests in an outbreak of trichinosis in
Vermont, proved very effective for diagnosing cases of the disease*
Forty-four hospitalized patients eventually reacted to both tests*

H ots*

ever, too much reliance should not be placed on a single intradermal or
precipitin test in diagnosing suspected cases of the disease*

Since all

persons suffering from trichinosis do not react in the same manner or at
the same period of time following infection, evidence indicates that
clinical symptoms, the differential blood picture, and other factors
should be taken into consideration in establishing a diagnosis*
Yihile a total

trichinosis have

been recorded in the United States since the disease was first recognized
as a clinical entity, the results of

3,000 examinations conducted in

the National Institute of Health indicate that approximately one of every
six persons represented in the survey was infested with the trichina
parasite*

Heavy infestations, capable of producing clinical symptoms of

trichinosis, were sufficiently numerous to warrant the belief that the
disease occurs far more frequently than health reports indicate.

Now

that supplies of the improved antigen are available for use by physicians*
it seems probable that more cases of trichinosis will be recognized*

Treasury Department
U. S. Public Health Service
Washington
„'
— fU I ^

The preparation of a new and improved antigen for the diagnosis
trichinosis jit describedTby Associate Zoologist John Bozicevich of
the National Institute of Healthy in the twelfth of a series of studies
on this disease (Public Health Reports, December 2, 1938).
The new type of antigen may be used in connection with two
previously devised diagnostic tests and evidence indicates that better
results are obtained with the new antigen than with types of antigen
employed previously.

One method, similar in technique to the Schick

test for diphtheria, consists of injecting a small amount of trichina
antigen into the skin, and later examining the site of injection to
determine whether any reaction has taken place.

The other method, the

so-called precipitin test, is carried out in a test tube by overlaying
a small amount of the patient’s blood serum with an equal amount of
various dilutions of the antigen. The study in question was undertaken
with a view of improving the trichina antigen in order that more
reliable results might be obtained in the diagnosis of the disease by
these two methods.
Antigen prepared by this new method— involving isolation of
trichina larvae, drying, and extraction with a neutral salt solution
without the use of chemical preservatives or added extra salts—

Treasury Department
U. S. Public Health Service
Washington
Press Service
Ho. 15-50

FOE RELEASE, AFTERNOON HDWSPiPSRS
Friday, December 2, 1938.

WÏ/38
The preparation of a new and improved antigen for the diagnosis of
trichinosis wa,s described today by Associate Zoologist John Bozicevich of
the National Institute of Health in the twelfth of a series of studies on
this disease (Public Health Reports, December 2, 1938).
The now type of antigen may be used in connection with two previously
devised diagnostic tests and evidence indicates that better results are
obtained with the new antigen than with types of antigen employed previously.
One method, similar in technique to the Schick test for diphtheria, consists
of injecting a small amount of trichina antigen into the skin, and later ex­
amining the site of injection to determine whether any reaction has taken
nlace#

The other method, the so-called precipitin test, is carried out in

a test tube by overlaying a small amount of the patient*s blood serum with an
equal amount of various dilutions of the antigen.

The*

study in question

| v/as undertaken with a view of improving the trichina antigen in order that
more reliable results might be obtained in the diagnosis of the disease by
these two methods.
Antigen prepared by this new method— involving isolation of trichina
larvae, drying, and extraction with a neutral salt solution without the use
of chemical preservatives or added extra salts— exhibits a. marked specificity
and excellent keeping qualities.

Samples exposed to sunlight and room tempera­

tures for periods as long as six months have shown no loss of potency when
tested by the precipitin method..

The material.may also be put up in her­

metically sealed vials and stored until needed.
Trichina antigen prepared in the new manner and us ed for precipitin and
intradermal tests in an outbreak of trichinosis in Vermont, uroved very effect—

ive for diagnosing cases of the disease.
eventually reacted to both tests.

Forty-four hospitalized patients

However, two much reliance should not he

placed on a single intradermal or precipitin test in diagnosing suspected
cases of the disease.

Since all persons suffering fron trichinosis do not

react in the sane manner or at the same period of tine following infection,
evidence indicates that clincial symptoms, the differential blood picture,
and other factors should he taken into consideration in estabxishing a
diagnosis.
While a total of only 5,000 to 6,000 cases of trichinosis have been re­
corded in the United States since the disease was first recognized as a
clinical entity, the results of more than 3,000 examinations conducted in
the National Institute of Health indicate that approximatoly one of every
six persons represented in the survey was infested with the trichina parasite,
Heavy infestations, capable of producing clinical symptoms of trichinosis,
were sufficiently numerous to warrant the belief that the disease occurs far
more frequently than health reports indicate.

Now that supplies of the im­

proved antigen are available for use by physicians, it seems probable that
more cases of trichinosis will be recognized.
Authorities point out that the geographic distribution of reported cases
of trichinosis in the United States is correlated rather closely with the
practice of feeding uncooked garbage to hogs.

Hogs maintained on uncooked

garbage have shown an incidence of trichinae of approximately 5 per cent
and at the present time pork from such swine appears to be the chief source
of trichinosis in man.

The States of New York, California., Massachusetts,

3&d Pennsylvania in the order named load all others in the number of reported
cases of the disease.

In these States the feeding of uncooked garbage to

swine is extensively carried on.

- 3 -

Evidence indicates also that many municipalities are contributing directly
to the spread of trichinosis through sanction of the practice of feeding un­
cooked garbage to swine, maintained either on forms operated by the munici­
pality or on farms operated by private contractors.

Such hogs are usually

slaughtered locally thus exposing inhabitants of the same city to the dangers
of trichi no si s«
Public health workers point out that it is a simple natter for the
individual to guard against the contraction of the disease —

the mere matter

of cooking pork until it is thoroughly done is a sufficient measure of pro­
tection*

The occurrence of the disease, therefore, is not a reason for

restricting the consumption of pork but rather a reason for cooking pork well
prior to its use*

- 0 O0 -

H

- 3 -

Dr. Roger I. Lee, practicing physician, Boston, Massachusetts; Dr. Esmond
R. Long, Director, The Henry Phipps Institute, Philadelphia, Pennsylvania
Dr. Karl Fredrich Meyer, Director, Hooper Foundation for Medical Researcl
University of California; Dr. John R. Mohler, Chief, Bureau of Animal
Industry, Department of Agriculture, Washington, D. C.; Dr. Milton J.
Rosenau, Professor of Public Health, University of North Carolina,
Chapel Hill, North Carolina; Dr. Wilbur A. Sawyer, Director, Internationa
Health Division, Rockefeller Foundation, New York, New York; Dr. Alfred
Stengel, Professor, Medicine, University of Pennsylvania, Philadelphia,
Pennsylvania^ |Dr. Charles S. Stephenson, Commander (MC) U. S. Navy,
Washington, D. C.i

ER:mea:mg

12- 1- 38.

N M M ,

^

?+
4
m-

sented, and discussion will center around the importance of such
studies and the extent to which research should be carried on in
the future*
Dr. Clifford E. Waller, Assistant Surgeon General in charge
of the Domestic Quarantine Division of the Public Health

Service,,

will present for the consideration of the council the proposed
national health program, v/hich includes an extension of public

^

^

E-

health facilities and improvements in medical care and hospitaliza­
tion opportunities for people in all parts of the country,
especially in those rural areas where the need is greatest.
The council*s attention will be directed to the Hagerstown
studies of health among children of school age, which are being
directed by Dr. Thomas B. McKneely; and to the tuberculosis studies
which are now in progress in Tennessee and Louisiana.
Dr. Thomas Parran, Surgeon General of the U. S. Public Health
Service, will preside at the meeting
by the following members of the Advisory

which will be attended
Council: Dr. Roger

Adams, Department of Chemistry, University of Illinois, Urbana,
Illinois; Dr. Eugene L. Bishop, Associate professor^preventive
medicine, Vanderbilt University, Nashville, Tennessee; Dr. Lowell J.
Reed, Dean, School of Hygiene and Public Health, Johns Hopkins
University, Baltimore,

Dr. Ernest R. Gentry, Lieut. Col.

(MC) U. S. Army, Washington, D. C.; Dr. Waller S. Leathers, Dean,
Vanderbilt University School of Medicine, Nashville, Tennessee;

TREASURY DEPARTMENT
U. S. Public Health Service
Washington
F OR aRELEASE:
^
, (X-6 *
Discussion of the venereal disease control program of the

3V

/Public Health Service and possible action

new

projects^including studies of opium and quinine derivatives and
the production and use of yellow fever vaccine will feature the
semi-annual meeting^! tHie National Advisory Health Council at
K
the National Institute of Health^etth«^iiiÉaHniM|i.
Dr. R. A. Vonderlehr, Assistant Surgeon General in charge of
the Division of Venereal Diseases of the ÏÏ. S. Public Health Service
will present the Governments program for the control of venereal
disease and comment on the progress which is being made in the
various States with Federal grants-in-aid•
The proposals regarding chemotheraphy (studies centering
around the opium and quinine derivatives) and the extension of
virus diseases research to include laboratory studies of the
production and use of yellow fever vaccine will be presented by
Dr. L. R. Thompson, Director of the National Institute of Health.
Members of the council will consider also a number of sug­
gested cooperative studies to be carried on jointly by the National
Institute of Health and

from various universities and re-

search organizations.
Reports on the leprosy investigations in various parts of
continental United States and in Honolulu, Hawaii, will be pre-

TREASURY DEPARTMENT
U. S. Public Health Service
Washington
FOR IMMEDIATE RELEASE:
Friday» December 2, 1938

Press _
s^ v i c e
N o * 15~ t)i

Discussion of the venereal disease control program of the United States
Public Health Service and possible action on new projects including studies
of opium and quinine derivatives and the production and use of yellow fever
vaccine, will feature the semi-annual meeting tomorrow of the National Advisory
Health Council at the National Institute of Health.
Dr. R. A. Vonderlehr, Assistant Surgeon General in charge of the Division
of Venereal Diseases of the United States Public Health Service, will present
the Government *s program for the control of venereal disease and comment on
the progress which is being made in the various States with Federal grants**
in-ai d.
The proposals

regarding

chemotheraphy (studies centering around the

opium and quinine derivatives) and the extension of virus diseases research
to include laboratory studies of the production and use of yellow fever
vaccine will be presented by Dr. L. R. Thompson, Director of the National
Institute of Health.
Members of the council will consider also a number of suggested coopera­
tive studies to bo carried on jointly by the National Institute of Health and
scientists from various universities and research organizations.
Reports on the leprosy investigations in various parts of continental
United States and in Honolulu, Hawaii, will be presented, and discussion will
center around the importance of such studies and the extent to which research
should bo carried on in the future.
Dr. Clifford E. Waller, Assistant Surgeon General in charge of the
Domestic Quarantine Division of the public Health Service, will present for
the consideration of the council the proposed National Health Program, which

- 2 ~

includes an extension of public health facilities and improvements in medical
care and hospitalization opportunities for people in all parts of the country,
especially in those ruiral areas

where the need is greatest*

The council*s attention will be directed to the Hagerstown studies of
health among children of school ago, which are being directed by Dr* Thomas
B. McKneely; and to the tuberculosis studies which are now in progress in
Tennessee and Louisiana.
Dr* Thomas Parran, Surgeon General of the United States Public Health
Service, will preside at the meeting, which will be attended by the following
members of the Advisory Council? Dr. Roger Adams, Department of Chemistry,
University of Illinois, Urbana, Illinois; Dr. Eugene L. Bishop, associate
professor of preventive medicine, Vanderbilt University, Nashville, Tennessee,
Dr. Lowell J. Reed, Dean, School of Hygiene and Public Health, Johns Hopkins
University, Baltimore, Maryland; Dr* Ernest R. Gentry, Lieut. Col*

(MC) U* S*

Army, Washington, D. C . ; Dr. Waller S. Leathers, Dean, Vanderbilt University
School of Medicine, Nashville, Tennessee? Dr. Roger I* Lee, practicing
physician, Boston, Massachusetts; Dr. Esmond R. Long, Director, The Henry
Phipps Institute, Philadelphia, Pennsylvania.
Dr. Karl Eredrich Meyer, Director, Hooper foundation for Medical Re-*
search, University of California; Dr. John R. Mohler, Chief, Bureau of Animal
Industry, Department of Agriculture, Washington, D. C.; Dr. Milton J. Rosenau,
Professor of Public Health, University of North Carolina, Chapel Hill, North
Carolina; Dr. Wilbur A. Sawyer, Director, International Health Division,
Rockefeller foundation, Now York, New York; Dr.- Alfred Stengel, Professor,
Medicine, University of Pennsylvania, Philadelphia, Pennsylvania, and Dr.
Charles S. Stephenson, Commander (MC) U. S. Navy, Washington, D.. C.

~o0o^

~4 ~

Dr• Voegtlin stated that scientists of the National Cancer
Institute are already investigating some of the basic problems mentioned
in the report and that after the completion of the Institute's laboratory,
work will be carried forward on a broader basis and with increased vigor.
-0O0-

machine, which produces radioactive material which may possibly become of
value in the treatment of cancer and other malignant diseases*
The report stresses that cancer research of the future should
continue to be concerned with the relationship of heredity to this disease,
and lays emphasis upon the study of different types of cancer since they
are almost like different diseases. With respect to studies of heredity,
the report states that «from the practical side, this general field has
assumed an importance for it is probable that preventive measures will come
from knowledge gained from this type of investigation.«
In considering the ways and means of carrying on future studies,
it was evidenced by the report that the field of experimentation with
animals, principally mice, would be essential. The report states, «in
this connection it has become evident that pure strains of animals of
known hereditary tendencies are as important for cancer research as pure
chemicals are for the chemists.«
The report furthermore approves collaboration between the research
institute and the newly established cancer clinic of the Public Health
Service in Baltimore, Maryland. This cooperation is recommended with a
view to detecting and utilizing clinical problems for research in the
laboratory, and testing in the clinic promising methods suggested by
laboratory experimentation.
The report is designed primarily to assist the Government in its
program to control cancer. At the same time it points out to research
workers generally and other scientists and physicians the accomplishments
to date and the needs ahead. It is believed also that the report will
have considerable value to organizations and individuals who may be con­
sidering the financing of projects in cancer research and treatment.

The report thus attempts to check and critically evaluate the results to
date, as well as to suggest the lines for future activity.
The report pointed out that certain chemicals, radioactive
materials, X-rays, and biological products including viruses are already
known to cause cancer. What is now most needed, the committee pointed out
is work which will explain why and how these different agents produce
cancer. This line of research is concerned with cell physiology. Efforts
should be made to explain how these various substances and agents produce
the transformation of normal cells into cancer cells. This is the crux of
the cancer problem, according to the group of scientists which makes up
this committee.
Another point of needed investigation, according to the report,
is a study of the question of why the cancer cell behaves as it does. Re­
search scientists are eager to know why cancer cells show such unlimited
and •uncontrolled growth in the body. It is yet to be determined whether
this behavior of cancer cells is due to differences in chemical makeup,
or to some other factors. Solution of this problem would provide in all
probability the key to the real causes of cancer. The report pointed out,
however, that such problems require much patience and much time for their
completion.
Continued search for new methods of treatment of cancer is also
urged by this report on fundamental cancer research. The matter of the
routine trying out of new things which might be of use was encouraged,
because sometimes this type of investigation leads to highly important
results. An example along this line is the cyclotron, a new atom-smashing

TREASURY D E P A i m m ^ ---- —

U. S, BabMtrife^th Service
Washington

s*i

FOR RELEASE

Sunday, December JA, 193S
A report on fundamental cancer researc^issued by the United Statfs

jf
Jr
Public Health Service today (Public Health Reports Vol. 53 No.

2, 193S) clearly shows that a consmeS

AS,

December

amount of knowledge concerning

cancer has been acquired through experimental reseSreljin the last thirty
/
rears. In view of the accomplishments to date, Dr. Carl Voe&tlin, Chief
f the National Cancer Institute,,, Stated that «more intensive work will
/

radually solve many of the problems still facing scientists engaged in
f

„rageawehi

The report was formulated by a committee of outstanding scientists
appointed by Dr. Thomas Parran, Surgeon General of the 0 s ) Public Health
Service. The committee''.maifbw IflHlr. James B. Murphy and Dr. John North­
rop of the Rockefeller Institute for Medical Research; Dr. Stanhope BayneJones, professor of bacteriology and Dean of the school of medicine, Yale
\

University; Dr. Ross G. Harrison, chairman of the National Research Council
and Sterling professor of biology, Yale University; Dr. Clarence C. Little,
director, Roscoe B. Jackson Memorial Laboratory.
This marks the first time that efforts have been made to formulate
in one plan the fundamental aspects of cancer research. In releasing the
information Dr. Voegtlin stated that the committee undertook a difficult
task in formulating a plan on fundamental cancer research because of the
complex nature of the subject, but he felt that the comment will greatly
help to clarify the facts which (navel already/been established in this field*

F o r Sunday a m 's

"Mors intensive work will gradually solve
many of the problems still facing scientists engaged in
cancer research,” Dr. Carl Voe^jkn, Chief of the National
Cancer Institute, said today after a study of thirty years
of activity in that field.
i v fii7 nj ft

»he l o s t t L. l U 1TOJUUe L

A su rv ey of th e l a s t
fu n d a m e n ta l c a n c e r s tu d y i s

c o n t a in e d

th re e d ecad es o f
in th e c u r r e n t is s u e

o f PUBLIC HEALTH REPORTS ( V o l . 5 3 , N o. 4 8 ) .
a c o n s i d e r a b l e amount o f know led ge

It

show s t h a t

c o n c e r n in g c a n c e r h a s

b e e n a c q u i r e d d u r in g t h a t p e r i o d th ro u g h e x p e r i m e n t a l research .

TREASURY

DEPARTM ENT

U. S. P U B L IC H EA LTH S E R V IC E

MEMORANDUM
date
fro m :

Ernest R. Bryan

to:

M r.

December 1, 1938

Schwarz
Attached is a proposed release on fundamental cancer research.

ERBîAEM

Ernest R. Bryan,
Office of Health Education

TREASURY DEPARTMENT
U. S . P u b l i c H e a lt h S e r v i c e
W ash in g ton
P ress S e rv ice
No. 15-52

FOR RELEASE, . MORNING NEWSPAPERS
Sunday, December 4 , 1 9 3 8

’’More i n t e n s i v e work w i l l g r a d u a l l y s o l v e many o f t h e p ro b lem s s t i l l
fa c in g s c i e n t i s t s

engaged i n c a n c e r r e s e a r c h , ” D r. C a r l V o e g t l i n , C h i e f o f

the N a t io n a l C ancer I n s t i t u t e ,

s a i d t o d a y a f t e r a s tu d y o f t h i r t y y e a r s o f

a ctiv ity in th a t f i e l d .
A s u rv e y o f t h e l a s t t h r e e d eca d e s o f fu n d a m e n ta l c a n c e r s tu d y i s
contained i n t h e c u r r e n t i s s u e o f PUBLIC HEALTH REPORTS ( V o l .

5 3 , No. 4 8 ) .

I t shows t h a t a c o n s i d e r s , L i e amount o f . knowledge c o n c e r n i n g c a n c e r h as
been a c q u i r e d d u rin g t h a t p e r i o d t h r o u g h e x p e r i m e n t a l r e s e a r c h .
The r e p o r t was f o r m u l a t e d by a co m m ittee o f o u t s t a n d i n g s c i e n t i s t s
appointed by D r . Thomas P a r r a n ,
Health S e r v i c e .

S u rg eo n G e n e r a l o f t h e U n ite d S t a t e s P u b l i c

The co m m ittee members were D r . Jam es B . Murphy and D r.

John Northrop o f t h e R o c k e f e l l e r I n s t i t u t e f o r M e d ic a l R e s e a r c h ; Dr. S tan h o p e
B ay n e-Jo n es, p r o f e s s o r o f b a c t e r i o l o g y and Dean o f t h e S c h o o l o f M e d ic i n e ,
Yale U n i v e r s i t y ;

Dr. R o ss G. H a r r i s o n ,

ch airm an o f t h e N a t i o n a l R e s e a r c h

Council and S t e r l i n g p r o f e s s a r o f b i o l o g y , Y a l e U n i v e r s i t y ; D r. C l a r e n c e C.
L ittle ,

d i r e c t o r , R o sco e B . J a c k s o n M em orial L a b o r a t o r y .

Th is marks th e f i r s t t im e t h a t e f f o r t s have b e e n made t o f o r m u l a t e i n
one p la n t h e fu n d a m e n ta l a s p e c t s o f c a n c e r r e s e a r c h * .

In r e l e a s i n g th e

inform ation D r. V o e g t l i n s t a t e d t h a t t h e co m m ittee u n d e rto o k a d i f f i c u l t
task in f o r m u l a t i n g a p l a n on fu n d a m e n ta l c a n c e r r e s e a r c h b e c a u s e o f t h e
complex n a t u r e o f t h e s u b j e c t , b u t he f e l t t h a t t h e comment w i l l g r e a t l y
nolp to c l a r i f y t h e f a c t s w h ich a l r e a d y have b e e n e s t a b l i s h e d i n t h i s f i e l d .
Tho r e p o r t t h u s a t t e m p t s t o c h e c k and c r i t i c a l l y

ev alu ate th e r e s u lt s to

C-at e , as w e l l as t o s u g g e s t t h e l i n e s f o r f u t u r e a c t i v i t y .

2
The r e p o r t p o i n t e d o u t t h a t c e r t a i n c h e m c i a l s , r a d i o a c t i v e m a t e r i a l s ,
X-rays, and b i o l o g i c a l p r o d u c t s i n c l u d i n g v i r u s e s a r e

ca n c e r.

a l r e a d y known t o c a u s e

Y'lh-t i s now m ost n e e d e d , t h e co m m ittee p o i n t e d o u t ,

i s work which

w i l l e x p l a i n why and how t h e s e d i f f e r e n t a g e n t s p ro d u ce c a n c e r *
of r e s e a r c h i s

c o n c e rn e d w i t h c e l l p h y s i o l o g y .

ih is lin e

E f f o r t s s h o u ld bo made t o

e x p la in how t h o s e v a r i o u s s u b s t a n c e s and a g e n t s p ro d u ce t n e t r a n s f o r m ^ t i o n
of normal c e l l s

in to can cer c e l l s *

T h i s i s t h e c r u x o f t h e c a n c e r p ro b le m ,

re c o rd in g t o t h e group o f s c i e n t i s t s w h ich makes up t h i s c o m m it t e e .
Another p o i n t o f n eed ed i n v e s t i g a t i o n ,
study o f th o

a c c o r d in g t o th o r e p o r t ,

q u e s t i o n o f why t h e c a n c e r c e l l b e h a v e s a s i t d o e s *

search s c i e n t i s t s a r e e a g e r t o know why c a n c e r c e l l s
and tr c o n t r o l l e d

growth i n t h e body*

It

is a

R e­

show/ such u n l i m i t e d

i s y o t t o bo d e te rm in e d w h e th e r

t h i s b e h a v i o r o f c a n c e r c o l l s i s duo t o d i f f e r e n c e s i n c h e m ic a l makeup,
or t o some o t h e r f a c t o r s ,

S o l u t i o n o f t h i s , pro blem would p r o v i d e i n a l l

p ro b a b ility th e key to th e r e a l cau ses o f c a n co r.

The r e p o r t p o i n t e d o u t ,

however, t h a t su ch p ro b lem s r e q u i r e much p a t i e n c e and much tim e f o r t h e i r
co m p letio n .
C ontinued s e a r c h f o r new methods o f t r e a t m e n t o f c a n c e r i s a l s o u rg ed
by t h i s

r e p o r t on fu n d am en tal c a n c e r r e s e a r c h *

The m a t t e r o f t h e r o u t i n e

t r y in g out o f new t h i n g s which m ig h t b e o f u se was e n c o u r a g e d , b e c a u s e some­
times t h i s t y p e o f i n v e s t i g a t i o n l e a d s t o h i g h l y im p o r t a n t r e s u l t s .
example a lo n g t h i s

lin e

is

An

t h e c y c l o t r o n , a new a to m -sm a sh in g m a c h in e , v/hich

produces r a d i o a c t i v e m a t e r i a l w h ich may p o s s i b l y become of- v a l u e i n t h e t r e a t ­
ment o f ca n e of* and o t h e r m a lig n a n t d i s e a s e s *
The r e p o r t s t r e s s e s t h a t c a n c e r r e s e a r c h o f t h e f u t u r e sh o u ld c o n t i n u e
to t o c o n cern ed w ith th e r e l a t i o n s h i p

o f h e r e d i t y t o t h i s d i s e a s e , and l a y s

emphasis upon t h e s tu d y o f d i f f e r e n t t y p o s c f c a n c e r s i n c e t h e y a r e a lm o s t

3

lik e d i f f e r e n t d i s e a s e s .
s t a t e s t h a t "fro m t h e
importance f o r i t

W ith r e s p e c t t o s t u d i o s o f h e r e d i t y , t h e r e p o r t

p r a c tic a l sid e , t h is

general f i e l d

h as assumed an

i s p r o b a b l e t h a t p r e v e n t i v e m easu res w i l l come from

knowledge g a in e d fro m t h i s , t y p e o f i n v e s t i g a t i o n . "
In c o n s i d e r i n g t h e ways and means o f c a r r y i n g on f u t u r e s t u d i e s ,
m s e v id e n c e d b y t h e r e p o r t t h a t t h e f i e l d
p r i n c i p a l l y m i c e , would b e e s s e n t i a l .

it

o f e x p e r i m e n t a t i o n w ith a n i m a l s ,

The r e p o r t s t a t e s ,

" i n t h i s con-

s e c t i o n i t h a s become e v i d e n t t h a t pure s t r a i n s o f a n im a ls o f known hei e d i ­
t a r y t e n d e n c i e s a r e as im p o r t a n t f o r

c a n c e r r e s e a r c h a s pure ch.omiCct.ls <~ro

fo r t h e c h e m i s t s . "
The r e p o r t f u r t h e r m o r e a p p ro v es c o l l a b o r a t i o n b etw een oho r e s e a r c h
i n s t i t u t e and th e new ly e s t a b l i s h e d c a n c e r c l i n i c
S e r v ic e i n B a l t i m o r e , M aryland#

o f t h e P u b l i c H e a lt h

T h is c o o p e r a t i o n i s

recom m ended.w ith a

view t o d e t e c t i n g and u t i l i z i n g c l i n c i a l p ro b lem s f o r r e s e a r c h i n t h e
l a b o r a t o r y , and t e s t i n g i n t h e c l i n i c p r o m is in g m ethods s u g g e s t e d by l a b o r tory e x p e rim e n ta tio n .
The r e p o r t i s

d e s ig n e d p r i m a r i l y t o a s s i s t t h e Government i n i t s p r o ­

gram t o c o n t r o l c a n c e r .
g e n e r a l ly and o t h e r
and th e n eed s a h e a d .

At t h e same tim e i t p o i n t s o u t t o r e s e a r c h w o rk e rs

s c i e n t i s t s and p h y s i c i a n s t h e a c c o m p lis h m e n ts t o d a t e
I t i s b e l i e v e d a l s o t h a t t h e r e p o r t w i l l have co n ­

s i d e r a b l e v a l u e t o o r g a n i z a t i o n s and i n d i v i d u a l s who may be c o n s i d e r i n g
the f i n a n c i n g o f p r o j e c t s i n c a n c e r r e s e a r c h and t r e a t m e n t .
Dro V o o g t l i n s t a t e d t h a t s c i e n t i s t s
are a lr e a d y i n v e s t i g a t i n g

o f t h e i ' a t i o n a l C an cer I n s t i t u t e

some o f t h e b a s i c p ro b lem s m en tio n ed i n t h e r e p o r t

and t h a t a f t e r t h e c o m p le t i o n o f t h e I n s t i t u t e ’ s l a b o r a t o r y , work w i l l be
c a r r i e d fo rw a rd on a b r o a d e r b a s i s and w i t h i n c r e a s e d v i g o r .

- 0O0 -

said methods or such other methods of allotment and classification of allotments a
•hall fee deemed fey him to be in the public interest; and bis action in any or &n
of these respects shall fee final. SafeJest to these reservations, a ll subscription
will be allotted in full* Allotment notices will fee sent out promptly upon allot»
rfe

mtmm

1* Payment at par for bonds allotted hereunder must tee made or completed on o
before December IS, 1936, or on later allotment, and may be made only in Treasury
Hotes of Series 0-1939, maturing March 13, 1939, which will be accepted at par, and]
should accompany the subscription. Coupons dated March 15, 1939, must be att&ohod
to the notes when surrendered, and accrued Interest from September 15, 1938, to
December 13, 1938, <$0.770718 per #1,000), will be paid following acceptance of tin
notes*
?.

G O T S U L FH O TO IG H S

1* As fiscal agents of the United States, Federal Heserve banks are authorised
and requested to receive subscriptions, to make allotments on the basis and up to
the amounts indicated by the Secretary of the Treasury to the Federal Reserve basks
of the respective districts, to issue allotment notices, to receive payment for bond
allotted, to make delivery of bonds on full-paid subscriptions allotted, and they
may issue interim receipts pending delivery of the definitive bonds.
8# The Secretary of the Treasury may at any time, or fro» time to time, pre­
scribe supplemental or amendatory rules and regulations governing the offering,
which will fee communicated promptly to the Federal Heserve banks.

HMHT MOROUmiAU, JR.,
Secretary of the Treasury.

• 2 .

tions, or corporation«, The interest on «n amount of bond« authorized by the
Second Liberty Bond Act, approred September 24, 191*, a« amended, the principal ofI
which doee not exceed in the aggregate $9,000, owned by any individual, partnership
association, or corporation, «hall be exempt from the tax«« provided for in elans*j
(b) above,
9, The bond« will be aeeeptable to secure deposit« of public moneys, but will
not bear the circulation privilege and will not be entitled to any privilege of se­
vereion,
4, Bearer bonis with interest coupons attached, and bonds registered as to
principal and interest, will be Issued in denominations of $90, $100, $500, $1,000,
$5,000, $10,000 and $100,000. Provision will be mads for the interchange of bonds
of different denominations and of coupon and registered bonds, and for the trans­
fer of registered bonds, under rules and regulations prescribed by the Secretary
of the Treasury.
5, The bonds will be subject to the general regulations of the Treasury Depart}
meat, now or hereafter prescribed, governing United States bonds.
HI.

SUBSCRIPTION AND

1. Subscriptions will be received at the Federal Reserve banks and branches
at the Treasury Department, Washington• Banking institutions generally may subait
subscriptions for account of customers, but only the Federal Reserve banks and the
Treasury Department are authorized to act as official agencies. The Secretary of
the Treasury reserves the right to close the books as to any or all subscription®
or classes of subscriptions at any tLas without notice.
2.

The Secretary of the Treasury reserves the right to reject any subscription,

in whols or in part, to allot less than the amount of bonds applied for, to
allotments in full upon applications for smallsr amounts and to make reduced allot­
ments upon, or to rsjeet, applications for larger amounts, or to adopt any or all 0

unitsd s u b

2

percent

of m m i Q k

ymtsxm b o n d s

of

1949
Due December 15, 1947

Bated and bearing interest fro© December 15» 1938

Interest payable Fane i s wad December 15

1958
Department Circular No* 599

TREASURY DSFASmra?»
Office of the Secretary,
Washington» December 5, if

Public Debt Service
2.
1.

OFISRINO OF BONDS

The Secretary Of the Treasury» pursuant to the authority of the Second

liberty Bond Act» approved September £4» 1919» as amended» invites subscription«,
at par» from the people of the United States for 2 percent bonds of the United
States» designated Treasury Bond* of 1949» in payment of whioh only Treasury Note*
of Series 0-1959» maturing March 15» 1939» may be tendered*

The amount of the

offering under this circular will be limited to the amount of Treasury Notes of
Series 0-1939 tendered and accepted*
XX.
1*

DESCRIPTION OF BONDS

bonds will be dated December 15» 1938» and will bear Interest from that

date at the rat# of 8 percent per annum» payable semiannually on ¿tone 15 and Dscanber 15 in each year until the principal amount becomes payable*

They will mature

December 15» 1949» and will not be subject to «mil for redemption prior to maturity
2*

The bonds shall be exempt» both as to principal and interest» from all tax«

tion now or hereafter imposed by the United States» any State» o r any of the posses
sions of the United States» or by any local taxing authority, except (a) estate or
inheritance taxes, or gift taxes, and (b) graduated additional income taxes, ooanonl
I
known as surtaxes, and excess-profits and war-profits taxes, now or hereafter Imposed
by the United States, upon the income or profits of individuals, partnerships, sssool

supplemental or amendatory rulos find regulations goto ruing tfce offering, whioh
will fee eoœmnieated promptly to the Federal Reserve banks*

m r MöHGismmü,

m.,

Secretary of the Treasury

-3 of these respect» »hall bo final.

Subject to these reservations, subscriptions in

payment of which Treasury Notes of Series C-1939 are tendered will be allotted is
full.

Allotment notices will be sent out pronptly upon allotment, and the basis off

the allotment will be publicly announced.
IT.
1.

PAYMENT

Payment at par and accrued Interest, if any, for notes allotted on cash sub

serlptions must be made or completed on or before December 13, 1938, or cm later
allotment.

In every case where payment is not so completed, the payment with applli

cation up to 10 percent of the amount of notes applied for shall, upon declaration
made by the Secretary of the Treasury in his discretion, be forfeited to the
United States.

Any qualified depositary will be permitted to make payment by crsdij

for notes allotted to it for itself and its customers up to any amount for which it
shall be qualified in excess of existing deposits, when so notified by the Federal
Reserve bank of its district.

Treasury Notes of Series C-1939, maturing March 15, I

1939, with coupon dated March 15, 1939, attached, will be accepted at par in paymsnj
for any notes subscribed for and allotted, and should accompany the subscription*
Accrued interest from September 15, 1938, to December 15, 1938, cm the maturing
notes (|5.990918 per $1,000) will be paid following acceptance of the notes.
T.
1.

GENERAL PR0TI3I0NS

As fiscal agents of the United States, Federal Reserve banks are authorized!

and requested to receive subscriptions, to make allotments on the basis and up to tl
amounts indicated by the Secretary of the Treasury to the Federal Reserve banks of 1
respective districts, to issue allotment notices, to receive payment for note»
allotted, to sake delivery of notes on full-paid subscriptions allotted, and they
issue interim receipts pending delivery of the definitive notes.
8.

The Secretary of the Treasury may at any time, or from time to time, P**iep1

regulations as shall ba prescribed or approved by the Secretary of the treasury in
payment of income and profits taxes payable at the maturity of the notes*
4*

the notes will be acceptable to secure deposits of public moneys, but win

not beer the circulation privilege*
8*

Bearer notes with interest coupons attached will be Issued In denomination

of #100, |800, #1,000, #5,000, #10,000 and #100,000.

the notes will not be issued

in registered fora.

in *
1*

SUBSGRÎFTIOH AND ALLtTMRHT

Subscriptions will bs received at the Federal Reserve banks and branches

at the treasury Department, Washington.

Banking institutions generally ray submit

subscriptions for account of customers, but only the Federal Reserve banks and the
treasury Department are authorised to act as official agencies.

Others than bank!

institutions will not be permitted to enter subscriptions except for their own ace.
Cash subscriptions frena banks and trust companies for their ora account will be re-i
ocived without deposit but will ba restricted in each case to an amount not exeeedii
one-half of the combined capital and surplus of the subscribing bank or trust eoa,
Cash subscriptions from all others must be accompanied by payment of 10 percent of
the amount of notes applied for.

The Secretary of the Treasury reserves the right

i

to close the books as to any or all subscriptions or classes of subscriptions at a
time without notice.
2«

The Secretary o f the Treasury reserves the right to reject any subscription;

in whole or in part, to Allot less than the amount of notes applied for, to aafc»
allotments in full upon applications for smaller amounts and to raise reduced allot­
ments upon, or to reject, applications for larger amounts, ©r to adopt any or ell
of said methods or such other methods of allotment and classification of allotments
as shall bs deemed by him to be in the public interest ; and his action in any or a

mirm s •wm o f

y

a«

*

iga

1-1/8 P8 R C M ? TRfUSUH? KOTSS OF SKHIBS B-X943
Due Bee ember 15, 1943

Oat ad and bearing interest from Deo ember 15, 1958
Interest payable June 15 and December 18

mmmr

1958
Department Cireular Ho. $00

tm

sm

a m

.

Office of the Secretary,
Washington, December 8 , 1938,

Public Debt Service

1.
1*

o r r o m

of

mm&

The Secretary of the Treasury, pursuant to tbe authority of the Second

liberty Bond Act, approved September Si, 191?, as amended, invitee subscriptions,
at par and accrued interest, from the people of the United Statee for 1-1/8 per­
cent notes of the United States, designated Treasury Motes of Series B-1943.

-0

Tbs

amount of the offering ie $500,000,000, or thereabouts, with the right reserved to
the Secretary of the Treasury to increase the offering by an amount sufficient to
accept all subscription#

fo r

which Treasury Notes of Series 0-1959, maturing Nareb

18, 1939, are tendered in payment and accepted.
II.
1.

DESCRIPTION OF NOTES

The notes will be dated December 15, 1938, and will bear interest from tb»t I

date at the rate of 1 - 1 /8 percent per annua, payable semiannually on Jhne 18
December 15 in each year until the principal amount becomes payable.

They will

December 15, 1945, and will not be subject to call for redemption prior to maturity.

8 . The notes shall be exempt, both as to principal and interest, fro® all b ® I
tioa (except eet&te or inheritance taxes, or gift taxes) now or hereafter iapo»«d bfl

the United

States, any State, o r any of the possessions of the United

States, or

by

any local taxing authority.
$ >
ini
5. The notes will be accepted at par during such time and under such rule» *

iidif

ifereb 15, 1959, attached, idII be accepted at per in payment for any bond« subacri
for and allotted, and ahoald accompany the subscription.

Accrued Interest fro«

September 15, 1955, to December 15, 1953, on the maturing notes (#3*F?0?18 per fl,
will be paid following acceptance of the notes*

T.
1.

OHHSHAL m>TOI0S8

¿.s fiscal agents of the tfnited States, Federal Reserve banks are authorised

and requested to receive subscriptions, to make allotments on the basis and up to
amounts indicated by the Secretary of the Treasury to the Federal Reserve banks of
the respective districts, to issue allotment notices, to receive payment for bonds
allotted, to make delivery of bonds on full-paid subscriptions allotted, and thsy
may issue interim receipts pending delivery of the definitive bonds*
5*

The Secretary of the Treasury may at any time, or from time to time, pre­

scribe supplemental car amendatory rules and regulations governing the offering, vhid
will be communicated promptly to the Federal Reserve banks*

umm mmwrnm, m .,
Secretary of the Treasury*

-

3

-

C*ft& subaeriptions fmm banks and trust oompaalca for thoir mm aceount will bt r®. I 1
osltod witboui déposât but will bo rostristsd la saeh esse to an amouzit aot exceed- I
l&g one-half of tbe combine* capital «ad surplus of thè subscribing bank or trust
company. Oasb subscriptions fresa all otbsrs must bs aooompanied by payment of 10
psro«at of tbe amount of bonds appliad for. The Seeretary of ths Treasury resemi I
tbs right to eloss tbe books as to aay or ail subscriptIons ©r classas of subsorlp.

I

tiens at any tlme without notice.
3.

The Secretary of tbe Treasury réserves t he rigbt to rejeet aay eubeeriptlon, I

ia wbole or la part» to a Ilot lees than tbe amount of boads appliad for» to maki ails
meato la full upca applications fior smallar amouats aad to make reduoed allottanti
upoa» or t© re ject» applications for largar amouats» or to adopt aay or all of said I F
mctbods or sueb otber msthods of

allotment and classification of allotmeata as stali

be deemed by bim to be in tbe public interest; and bis action
respects shall be final.

I

la aay or all of timi« I

Sub je et to tbe se réservations» subscrlptioas la payaent of I

whicb Treasury Hot es of Sérias 0-1939 are tenderea will be allettai la full.

Aliot- I

ment notices will be sent eut prcaptly upoa allotmeat» and tbe basis of tbe allottanti
will be publicly annotineed.
rr.
1.

mrumr

Payaent at par aad aeexued interest» if any» for bonds ellotted on cash sub- I

script ions must be smde or complete* on or before Decomber IH» 1938» or on later uUol
ment,

la every emise wbere payment 1s aot so complete*, tbe paymeat witb application I

up to 10 percent of tbe amount of bonds applied for sball» upoa déclaration mede by
tbe Sccretary of tbe Treasury iabis discrétion» be forfèited to

tbe United States.

Aay qualità ed depositary will be pernitted to make paymeat by credit for boads allotti
to it for itself aad ite eu stornerà up to aay amouat for whloh it sball be qualifiai is|
exeeee of exlatlng deposita» whon so aotifled by tbe Federai He serve bank of its dis-1
trict.

Treasury Hôtes of Sériés 0-1939» ma tur lag March 15» 1939» witb coupon datai

• s «

the Treasury. JVom flit date of redemption designated In any such not.lea, interest o
the bonds eallad for redemption «ball cease*
2.

The bands shall be exempt, both as to prinelp&l and interest, from all t*xJ

tioa now or hereafter imposed by the United States, any State, or any of the posses­
sions of the United States, or by any local taxing authority, except (a) estate or
inheritance taxes, or gift taxes, and (b) graduated additional luces* taxes, eoaanriU
known as surtaxes, and excess-profits and war*proflts taxes, now or hereafter Impose
by the United States, upm the income or profits of individuals, partnerships, assoc
tions, or corporations. The Interest on an amount of bonds authorised by the Second]
Liberty Bond Act, approved September 24, 1919, as amended, the principal of which do]
not exceed in the aggregate #5,000, owned by any individual, partnership, assooiatioj
or corporation, shall be exempt from the taxes provided for in clause (b) above.
5. the bonds will be acceptable to secure deposits of public moneys, but will ni
bear the circulation privilege and will not be entitled to any privilege of oonyarsi*
4.

Bearer bonds with interest coupons attached, and bonds registered as to prin».

clpal and interest, will be issued in denominations of #50, #100, #500, #1,000, #5,oq
#10,000 and #100,090* Provision will be made for the interchange of bonds of differ!
denominations and of coupon and registered bonds, and for the transfer of registered!
bonds, under rules and regulations prescribed by the Secretary of the Treasury.
5* The bonds will be subject to the general regulations of the Treasury Depart- 1
meat, now or hereafter prescribed, governing United States bonds*
in .

s u b s c r ip t io n abb

¿ d x om m t

1* Subscriptions will be received at the federal Reserve banks and branches and I
at the Treasury Department, Washington* Banking institutions generally may suhait
subscriptions for account of customers, but only the federal Reserve banks and the
Treasury Department are authorised to act as official agencies* Others than banking I
institutions will not be permitted to enter subscriptions except for their own accou!

m a m ) stato op amkrica
2 -3 /4 i m i t o p

rmàsvm b o h b s

of

Dated and hearing 1utarasi from Decomber 15, 1958

1950-55

Bus Deoember 15» 1965

38D3SUA5L5 A ? TU* OPTI OR 0/ TRK O B I T O S T A T O A T PAH AHD A C O R T O XHTSESST OH

à HD aI7

DacaMBSR 15» 1950
Interest payable JUne 15 and Deoember 13

1938
Department Circular Ho« 398

THSASUHT BSPaHTISSHT,
Office of thè Secretar?,
Washington, Deeerabar 5, 1956.

Pabilo Debt Servios
1« OPPSRIHO OF BOHBS
1. The Secretar? of thè Treasary, pursuant to thè authorlty of thè Seeond
liberty Bond Act, approved September 84» 191?» as amended, Invite# subscriptione,
at par and aeerued interest» from thè people of thè United States for 2-3/4 paretai
bonds of thè United States» designaied Treasury Bonds of 1950-85« The amount of thè
offering le #400»000,000» or thereabouts» wltb thè righi reservad to thè Sacratary
of tha Treasury to inorease thè offering by an amount Bufficient to aooept all «ab»
scriptions for whieh Treasury Botes of Serles 0-1939, maturing March 15, 1939, are
tendered in payment and acoeptcd«
II. BBSOHimCM OF B W
1* Tè» bonds vili be dated Deoember 15» 1938, and will bear interest fres® tbat
data at tha rata of 2-3/4 parseci per annum, payable sami&nnu&lly on Itane 15 and
bar 15 in each ye&r untll thè principal amount baeomas payable« Tfcey will aaatnre
Decmaber 15, 1955, bui may be redaamed at thè optlon of thè United States on and af^
Decomber 16, 1950, in whole or in pari, at par and aeerued interest, on any intareii
day or days, on 4 montha* cotice of reden^tion given in suoh ssnnner as tha Secretar!
of thè Treasury shall prescribe« In case of partisi redamption thè bonds to be
redeemad will bs determinad by suoh method as may be prescribed by thè Secretar! of

\

applied for. Exchange subscriptions for either «orlea of bonds or
for the aotee should be accompanied by a like faea amount of 1-1/3
q

pereeat Treasury note« of Series 0-193$ tendered la payment, to which
final ooupoa dated Marsh 15, 1959 should he ettashed.
The right Is reserved to elose the hooks as to say or all subeerlptions or elassas of subscriptions at any time without notice, for either
series of the Treasury heads or for the Treasury notes and with respect
to the eash offering or with respect to the exchange offering thereof*
Subject to the reservations set forth la the offield circulars, all cash
subscriptions will be received subject to allotment end exchange subscrip*
tions will be allotted la full.
Payment for any bonds or notes allotted on cash subscriptions must be
made or completed on or before December 15, 1938, or on Inter allotment*
Treasury notes of Series 0-1939, maturing March 15, 1939, with final coupon
due March 15, 1939, attached, will be accepted at par in payment for any
bonds or notes subscribed for «aid allotted, sad accrued Interest on the
surrendered notes from September 15 to December 15, 1938, {about #3*77 per
11,000) will be paid following their acceptance.
Treasury notes of Series 0-1939, maturing March 15, 1939, arc now
outstanding in the amount of #941,515,750* The present offering will be
the only opportunity afforded the holders of those maturing notes to ex­
change then for other interest-hearing obligations of the United States.
About #173,000,000 interest on the public debt will be payable on December
15, 1938.
The texts of the three official circulars follow;

BotÄ series of boaäs sili be lesued Ui tw© forasi bearer boaäs,
wltb interest Coupons ettaehed, eaä boaäs registersä botb es to
principal «aä interest| botb forme will be lesued ia denomina tiene
of #50t 1100, #500, #1,000, 15,000, #10,000 «ad #100,000*
Tbe Treasury notas of Ser iss »-1943 siso offered ter
ta exchang© for Treasury aotes maturlng

Uereh

mm

and

15, 1939, will be detsd

Ossee?ber 15, 1938, « I will bear interest from tbat date et tbe rate
of 1*1/8 perseat per annua» payable semianaually.

Tbay will matare

Deeenber 15, 1943, and will not be aubjeet to sali for redsmption be*
fore maturity*

Tbay will be issued ia bearer fora only, witb Interest

Coupons attasbed^ia tbe denoaiaatioas of #100, $900, f1,000, #5,000,
#10,000 and #100,000.
Tbe Treasury boads «ad tbe Treasury aotes will be aseorded tbe
seae exeaptioas froa taration as are eeeorded other issues of Treasury
boads and Treasury aotes, respeetirely, now ©utstaading.

Tbeae prori-

slons ore speeif ieally set forth ia tbe of fi siel eireulars Issued today.
Subscript Ions will be reeelred at tbe Federal teaerre banks and
brencbes, and at tbe Treasury Department » Washington.

Banking lnstltu«

tions general ly aay aubait aubaoriptlons for aoeount et euetoners, bat
only tbe Federal Reserve banke and tbe Treasury Department are eutborised
to aet aa off lei al agen olea.

Oaab aubscrip tions from banks

mà

trust

Companies for tbeir own aocount will be reoeired witbout depoett bat will
be restrieted in eaeb case end

ter

eaeh easb öfter1mg to an arnouet not

sxeeadlng one*balf of tbe eomblned ospitai and aurplua of tbe aubsoribißg
bank or trust eompany.

Oaab subaorlptlona from all etbera for eitbar

off ©ring aast ba aeoompanied by 10 pereant of tbe amount of benda or notes

•TRIjySURT DEPARTMIKT
Washington

fo r e e l e a s b ,

M

o m

im

w

m

m

Monday. Deemsiber &. 1938.
v'nr'fei""""*". 11 ' ”' ... ' "
12/ 3/38

m

m

.

...r

Secretary of tha Traasury Morganthau today anaouncad the Deeember
15 financing, offaring for cash subscription, through tha Federal Reserve
Banks, at par and accrued interest, 1400,000,000, or thereabouts, of
ilt-il? year 3-3/4 percent Treasury bonds of 1940-43, and 13^0,000,000, or
thereabouts, of 3-year 1-1/8 percent Treasury notes of Series B-1943, «ad
at the sane tine, offering the holders of 1-1/8 percent Treasury notss of
Series C-1959 maturing March 13, 1939, the privilege of exchanging such
maturing notes for additional m o u n t s of eithar the Treasury bonds or the
Treasury notes offered for cash subscription, or for a new series of
9-year 8 percent Treasury bonds of 1949, the exchange in any case to be
made par for par, with an adjustment of accrued interest as of Deesmber
13, 1938.
The 8-8/4 pare sot Treasury bonds of 1940-43, non offsrsd for cash
and in exchange for Treasury notes Maturing March 15, 1939, will be dated
December IS, 1938, and will bear interest from that date at the rate of
8-3/4 percent per annum payable semiannually,

they will mature December

15, 1943, but they may be redeemed at the option of the United States on
said after December 13, 1940.
The 8 percent Treasury bonds of 1949, now offered only in exchange
for Treasury notes maturing March 15, 1959, will be dated December 15, 1938#
and will bear Interest from that data at the rate of 8 percent per anno»
payable semiannually.

They will mature December 15, 1949, Mid will not he

subject to call for redemption before maturity.

TREASURY DEPARTMENT
Washington
JOE RELEASE, MORNING NEWSPAPERS,
Monday, December 5, 1938._______
12/3/38

Press Service
N o . 15-53

Secretary of the Treasury Morgenthau today announced the December 15 fi­
nancing, offering for cash subscription, through the Federal Reserve Banks, at
par and accrued interest, $400,000,000, or thereabouts, of 22-27 year 2-3/4 per­
cent Treasury bonds of 1960-65, and $300,000,000, or thereabouts, of 5-year
1-1/8 percent Treasury notes of Series B-1943, and at the same time, offering the
holders of 1-1/2 percent Treasury notes of Series C-1939 maturing March 15, 1939,
the privilege of exchanging such maturing notes for additional amounts of either
the Treasury bonds or the Treasury notes offered for cash subscription, or for a
new series of 9-year 2 percent Treasury bonds of 1947, the exchange in any case
to be made par for par, with an adjustment of accrued interest as of December 15,
1938.
The 2-3/4 percent Treasury bonds of 1960-65, now offered for cash and in
exchange for Treasury notes maturing March 15, 1939, will be dated December 15,
1938, and will bear interest from that date at the rate of 2-3/4 percent per
annum payable semiannually*

They will mature December 15, 1965, but they may be

redeemed at the option of the United States on and after December 15, 1960.
The 2 percent Treasury bonds of 1947, now offered only in exchange for
Treasury notes maturing March 15, 1939, will be dated December 15, 1938, and will
hear interest from that date at the rate cf 2 percent per annum payable semi­
annually,

They will mature December 15, 1947, and will not be subject to call for

redemption before maturity.
Both series of bonds will be issued in two forms: bearer bonds, with interest coupons attached, and bonds registered both as to principal and interest;

-

2

-

bcth forms will "be issued in denominations of $50, $100, $500, $1,000, $5,000,
$10,000 and $ 1 0 0 ,0 0 0 .
The Treasury notes of Series B-1943 also offered for cash and in exchange
for Treasury notes maturing March 15, 1939, will he dated December 15, 1938, and
will hear interest from that date at the rate of 1 - 1 / 8 percent per annum, payable
semiannually.

They will mature December 15, 1943, and will not be subject to

call for redemption before maturity.

They will be issued in bearer form only with

interest coupons attached,in the denominations of $100» $500, $1,000, $5,000,
$10,000 and $1 0 0 ,0 0 0 .
The Treasury bonds and the Treasury notes will be accorded the same exemp­
tions from taxation as are accorded other issues of Treasury bonds and Treasury
notes, respectively, now outstanding.

These provisions are specifically set forth

in the official circulars issued today.
Subscriptions will be received at the Federal Deserve banks and branches,
and at the Treasury Department, Washington,

Banking institutions generally may

submit subscriptions for account of customers, but only the Federal Reserve banks
and the Treasury Department are authorized to act as official agencies.

Cash

subscriptions from banks and trust companies for their own account will be received
without deposit but will be restricted in each case and for each cash offering
to an amount not exceeding one-half of the combined capital and surplus of the sub­
scribing bank or trust company.

Cash subscriptions from all others for either cash

offering must be accompanied by 10 percent of the amount of bonds or notes applied
tor.

Exchange subscriptions for either series of bonds or for the notes should be

accompanied by a like face amount of 1-1/2 percent Treasury notes of Series C— 1939
tendered in payment, to which final coupon dated March 15, 1939 should be attached.
The right is reserved to close the books as to any or all subscriptions or
I classes of subscriptions at any time without notice, for either series of the

- 3 -

Treasury "bonds or for the Treasury notes and with respect to the cash offering or
with respect to the exchange offering thereof.

Subject to the reservations set

forth in the official circulars, all cash subscriptions will "be received subject

to allotment and exchange subscriptions will be allotted in full.
Fayment for any bonds or notes allotted on cash subscriptions must be made
or completed on or before December 15, 1938, or on later allotment.

Treasury

notes of Series C-1939, maturing March 15, 1939, with final coupon due March 15,
1939, attached, will be accepted at par in payment for any bonds or notes sub­
scribed for and allotted, and accrued interest on the surrendered notes from
September 15 to December 15, 1938, (about $3.77 per $1,000) will be paid following
their acceptance.
Treasury notes of Series C-1939, maturing March 15, 1939, are now outstanding
in the amount of $941,513,750.

The present offering will be the only opportunity

afforded the holders of these maturing notes to exchange them for other interestbearing obligations of the United States.

About $173,000,000 interest on the

public debt will be payable on December 15, 1938,
The texts of the three official circulars follow:

UNITED STATES OF AMERICA
2-3/4 PERCENT TREASURY BONDS OF 1960-65
ated and Bearing interest from December 15, 1938

Dae December 15, 1965

©EB/ÎA3LE AT THE OPTION OF THE UNITED STATES AT PAR AND ACCRUED INTEREST ON AND
AFTER DECEMBER 15, 1960
Interest payable June 15 and December 15

1938
department Circular No, 598

TREASURY DEPARTMENT,
Office of the Secretary,
Washington, December 5, 1938«

| Public Debt Service
I.
1.

OFFERING- OF BONDS

The Secretary of the Treasury, pursuant to the authority of the Second

¡Liberty Bond Act, approved September 24, 1917, as amended, invites subscriptions,
Lt par and accrued interest, from the people of the United States for 2— 3/4 percent
ponds of the United States, designated Treasury Bonds of 1960-65.

The amount of the

offering is $400,000,000, or thereabouts, with the right reserved to the Secretary
pf the Treasury to increase the offering by an amount sufficient to accept all sub­
scriptions for which Treasury Notes of Series C— 1939, maturing March 15, 1939, are
pendered in payment and accepted.
II.
1«

DESCRIPTION OF BONDS

The bonds will be dated December 15, 1938, and will bear interest from that

late at the rate of 2—3/4 percent per annum, payable semiannually on June 15 and
December 15 in each year until the principal amount becomes payable.

They will

»ature December 15, 1965, but may be redeemed at the option of the United States on
[and after December 15, 1960, in whole or in part, at par and accrued interest, on
jany interest day or days, on 4 months* notice of redemption given in such manner as
jthe Secretary of the Treasury shall prescribe.

In case of partial redemption the

ponds to be redeemed will be determined by such method as may be prescribed by the

- 2 «
Secretary of the Treasury* Photo the date 6 f redemption designated in any such
lotice, interest on the bonds called for redemption shall cease,
yV.

2.

-

The bonds shall be exempt, both as to principal and interest, from all tax­

ation now or hereafter imposed by the United States, any State, or any of the
possessions of the United States, or by any local taxing authority, except (a) es­
tate or inheritance taxes, or gift taxes, and (b) graduated additional income taxes,
commonly known as surtaxes, and excess-profits and war-profits taxes, now or here­
after imposed by the United States, upon the income or profits of individuals,
partnerships, associations, or corporations.

The interest on an amount of bonds

authorized by the Second Liberty Bond Act, approved September 24, 1917, as amended,
pe principal of which does not exceed in the aggregate $5,000, owned by any indi­
vidual, partnership, association, or corporation, shall be exempt from the taxes
[provided for in clause (b) above.
3.

The bonds will be

acceptable to secure deposits of public

pet hear the circulation privilege and will not be entitled to

moneys, but will

any privilege of

conversion,
4.

Bearer bonds with interest coupons attached, and bonds registered as to

principal and interest, will be issued in denominations of $50, $100, $500, $1,000,
|$5,000, $1 0 ,0 0 0 and $ 1 0 0 ,0 0 0 ,
F different denominations

Provision will be made for the interchange of bonds

and of coupon and registered bonds, and for the transfer

F registered bonds, under rules and regulations prescribed

by the Secretary of the

Treasury.
5.

The bends will be subject to the general regulations of the.Treasury De­

partment, now or hereafter prescribed, governing United States bonds,
III,
1»

SUBSCRIPTION AND ALLOTMENT

Subscriptions will be received at the Federal Reserve banks and branches

pad at the Treasury Department, Washington,

Banking institutions generally may sub-

Ascriptions for account of customers, but only the Federal Reserve banks and

o **
[the Treasury Department are authorized to act as official agencies.

Others than

banking institutions will not "be permitted to enter subscriptions except for their
jcwn account.

Cash subscriptions from banks and trust companies for their own ac­

count will be received without deposit but will be restricted in each case to an
janount not exceeding one-half of the combined capital and surplus of the subscrib­
ing bank or trust company.

Cash subscriptions from all others must be accompanied

by payment of 10 percent of the amount of bends applied for.

The Secretary of the

Treasury reserves the right to close the books as to any or all subscriptions or
classes of subscriptions at any time without notice.
2,

The Secretary of the Treasury reserves the right to reject any subscrip­

tion, in whole or in part, to allot less than, the amount of bonds applied for, to
jnake allotments in full upon applications fer smaller amounts and to make reduced
allotments upon, or to reject, applications for larger amounts, or to adopt any or
all of said methods or such other methods of allotment and classification of allot­
ments as shall be deemed by him to be in the public interest; and his action in any
Ior all of these respects shall be final.

Subject to these reservations,

sub­

scriptions in payment of which Treasury Notes of Series 0-1939 are tendered will
lie allotted in full.

Allotment notices will be sent out promptly upon allotment,

and the basis of the allotment will be publicly announced.
IV.
1.

PAYMENT

Payment at par and accrued interest, if any, for bonds allotted on cash

|subscriptions must be made or completed on or before December 15, 1938, or on later
allotment.

In every case where payment is not so completed, the payment with appli

cation up to 1 0 percent of the amount of bonds applied for shall, upon declaration
S&de by the Secretary of the Treasury in his discretion, be forfeited to the United
States.

Any qualified depositary will be permitted to make payment by credit for

^°ftds allotted to it for itself and its customers up to any amount for which it
I shall be qualified in excess of existing deposits, when so notified by the Federal

■
Reserve "bank: of its district.

^

— 4: ~

Treasury Notes cf Series C-1939, maturing March 15,

1939, with coupon dated March 15, 1939, attached, will he accepted at par in pay­
ment for any bonds subscribed for and allotted, and should accompany the subscrip­
tion.

Accrued interest from September 15, 1938, to December 15, 1938, on the

maturing notes ($3.770718 per $1,000) will be paid following acceptance cf the
notes,

V.
1»

GENERAL PROVISIONS

As fiscal agents cf the United States, Federal Reserve banks are author­

ized and requested to receive subscriptions, to make allotments on the basis and
up to the amounts indicated by the Secretary cf the Treasury to the Federal Reserve
tanks of the respective districts, to issue allotment notices, to receive payment
for bonds allotted, to make delivery of bends on full-paid subscriptions allotted,
and they may issue interim receipts pending delivery cf the definitive bonds.
2.

The Secretary of the Treasury may at any time, or from time to time, pre­

scribe supplemental or amendatory rules and regulations governing the offering,
which will be communicated promptly to the Federal Reserve banks.

HENRY MORGENTHAU, J R . ,
Secretary of the Treasury.

UNITED STATES OF AMERICA
1-1/8 PERCENT TREASURY NOTES OF SERIES B-1943
|pated and "bearing interest from December 15, 1938

Due December 15, 1943

Interest payable June 15 and December 15

1938

TREASURY DEPARTMENT,
Office of the Secretary,
Washington, December 5, 1938.

¡Department Circular No. 600

Public Debt Service
I.
1.

OFFERING OF NOTES

The Secretary of the Treasury, pursuant to the authority of the Second.

Liberty Bond Act, approved September 24, 1917, as amended, invites subscriptions,
at par and accrued interest, from the people of the United States for 1-1/8 peiv
cent notes of the United States, designated Treasury Nbtes of Series B-1943. The
amount of the offering is $300,000,000, or thereabouts, with the right reserved to
the Secretary of the Treasury to increase the offering by an amount sufficient to
[accept all subscriptions for which Treasury Notes of Series C-1939, maturing March
15, 1939, are tendered in payment and accepted.
II.
1.

DESCRIPTION OF NOTES

The notes will be dated December 15, 1938, and will bear interest from

that date at the rate of 1-1/8 percent per annum, payable semiannually on June 15
and December 15 in each year until the principal amount becomes payable. They will
nature December 15, 1943, and will not be subject to call for redemption prior to
naturity.
2.

The notes shall be exempt, both as to principal and interest, from all

taxation (except estate or inheritance taxes, or gift taxes) now or hereafter
imposed by the United States, any State, or any of the possessions of the United
tates, or by any local taxing authority.
3*

The notes will be accepted at par during such time and under such rules

regulations as shall be prescribed or approved by the Secretary of the Treasury

2
In payment of income and profits taxes payable at the maturity of the notes*
4,

The notes will he acceptable to secure deposits of public moneys, but

[ill not bear the circulation privilege.
5.

Bearer notes with interest coupons attached will be issued in denomina—

[ions of $100, $500, $1,000, $5,000, $10,000 and $100,000.

The notes will not be

ssued in registered form.
III.
1.

SUBSCRIPTION AND ALLOTMENT

Subscriptions will be received at the Federal Reserve banks and branches

fend at the Treasury Department, Washington.

Banking institutions generally may

Isubmit subscriptions for account of customers, but only the Federal Reserve banks
and the Treasury Department are authorized to act as official agencies.

Others

pan banking institutions will not be permitted to enter subscriptions except for
[their own account«
pwn account will be

Cash subscriptions from banks and trust companies for their
received without deposit but will be restricted in each case

to an amount not exceeding one-half of the combined capital, and surplus of the
subscribing bank or trust company.

Cash subscriptions from all others must be

accompanied by payment of 10 percent of the amount of notes applied for.

The

pecretary of the Treasury reserves the right to close the books as to any or all
subscriptions or classes of subscriptions at any time without notice.
2.

The Secretary of the Treasury reserves the right to reject any subscrip­

tion, in whole or in part, to allot less than the amount of notes applied for,
to make allotments in full upon applications for smaller amounts and to make re­
duced. allotments upon, or to reject, applications for larger amounts, or to adopt
or all of said methods or such other methods of allotment and classification
allotments as shall be deemed by him to be in the public interest;
[action in any or all of these respects shall be final.

and his

Subject to these reserva­

tions, subscriptions in payment of which Treasury Notes of Series C-1939 are
pondered will be allotted in full.

Allotment notices will be sent out promptly

-

3

-

(upon allotment, and the basis of the allotment will he publicly announced#
IV.
£

PAYMENT

Payment at par and accrued interest, if any, for notes allotted on cash

Inscriptions must be made or completed on or before December 15, 1938, or on later
allotment.

In every case where payment is not so completed, the payment with appli

cation up to 1 0 percent of the amount of notes applied for shall, upon declaration
made by the Secretary of the Treasury in his discretion, be forfeited to the United
¿tatos.

¿my qualified depositary will bo permitted to make payment by credit for

notes allotted to it for itself and its customers up to any amount for which it
shall be qualified in excess of existing deposits, when so notified by the Federal
Reserve bank of its district.

Treasury Notes of Series C-1939, maturing March 15,

1939, with coupon dated March 15, 1939, attached, will be accepted at par in pay­
ment for any notes subscribed for and allotted, and should accompany the subscrip—
tion.

Accrued interest from September 15, 1938, to December 15, 1938, on the ma­

turing notes ($3.770718 per $1 ,0 0 0 ) will be paid following acceptance of the notes,
V.
1.

GENERAL PROVISIONS

As fiscal agents of the United States, Federal Reserve banks are authorized

I and requested to receive subscriptions, to make allotments on the basis and up to
I the amounts indicated by the Secretary of the Treasury to the Federal Reserve banks
II of the respective districts,

to issue allotment notices, to receive payment for

I notes allotted, to make delivery of notes on full-paid subscriptions allotted, and
|| they may issue interim receipts pending delivery of the definitive notes.
2.

The Secretary of the Treasury may at any time, or from tine to time, pre­

scribe supplemental or amendatory rules and regulations governing the offering,
which will be communicated promptly to the Federal Reserve banks.

HENRY MORGENTHAU, JR, ,
Secretary of the Treasury.

UNITED STATES OE AMERICA
2 PERCENT TREASURY BONDS OE 1947
Dated and bearing interest from December 15, 1938

Due December 15, 1947

Interest payable June 15 and December 15

1938
Department Circular No. 599
___ l
Public Debt Service

TREASURY DEPARTMENT,
Office of the Secretary,
Washington, December 5, 1938.

I.
1.

OEEERING- OE BONDS

The Secretary of the Treasury, pursuant to the authority of the Second

Liberty Bond Act, approved September 24, 1917, as amended, invites subscriptions,
at par, from the people of the United States for 2 percent bonds of the United
States, designated Treasury Bonds of 1947, in payment of which only Treasury Notes
of Series 0*1939, maturing March 15, 1932, may be tendered.

The amount of the

offering under this circular will be limited to the amount of Treasury Notes of
Series C-1939 tendered and accepted*
II.
1.

DESCRIPTION OE BONDS

The bonds will be dated December 15, 1938, and will bear interest from

that date at the rate of 2 percent per annum, payable semiannually on June 15 and
December 15 in each year until the principal amount becomes payable.

They will

mature December 15, 1947, and will not be subject to call for redemption prior to
maturity,
2.

The bonds shall be exempt, both as to principal and interest, from all

taxation now or hereafter imposed by the United States, any State, or any of the
possessions of the United States, or by any local taxing authority, except (a)
estate or inheritance taxes, or gift taxes, and (b) graduated additional income
taxes, commonly known as surtaxes, and excess-profits and war-profits taxes, now
0r hereafter imposed by the United State", upon the income or profits of individuals,*

¡partner ships,

associations, or corporations.

[a u th o rized by the Second Liberty Bond Apt,

The interest on

an

approved September 24,

amount of "bonds
1917, as amended,

[the principal of which does not exceed in the aggregate $5 ,0 0 0 , owned by any in­
dividual, partnership, association, or corporation, shall be exempt from the taxes
provided for i n

3.

clause (b) above.

The bonds will be acceptable to secure deposits of public moneys, but

[will not bear the circulation privilege and will not be entitled to any privilege
II conversion.
4.

Bearer bonds with interest coupons attached, and bonds registered as to

principal and interest, will be issued in denominations of $50, $1 0 0 , $500, $1 ,0 0 0 ,
$5,000, $10,000 and $100,000.

Provision will be made for the interchange of bonds

jof different denominations and of coupon and registered bonds, and for the trans­
fer of registered bonds, under rules and regulations prescribed by the Secretary
[of the Treasury.
5,

The bonds will be subject to the general regulations of the Treasury De­

partment, now or hereafter prescribed, governing United States bonds.
III.
1.
|

SUBSCRIPTION AND ALLOTMENT

Subscriptions will be received at the Federal Reserve banks and branches

at the Treasury Department, Washington.

Banking institutions generally may

submit subscriptions for account of customers, but only the Federal Reserve banks
|

Treasury Department are authorized to act as official agencies.

ecretary of the Treasury reserves the right to close the books as to any

The

or a ll

Ascriptions or classes of subscriptions at any time without notice.
The Secretary of the Treasury reserves the right to reject any subscrip—
> in whole or in part, to allot less than the amount of bonds applied for,
allotments in full upon applications for smaller amounts and to make rei

& allotments upon, or to reject, applications for larger amounts, or to adopt

3

IV.
1.

PAYMENT

Payment at par for bonds allotted hereunder must be made or completed on

br before December 15* 1938, or on later allotment, and may be made only in Treasury
Ilotes of Series C-1939, maturing March 15, 1939, which will be.accepted at par,
pnd should accompany the subscription.

Coupons dated March 15, 1939, must be at­

tached to the notes w h e n _surrendered, and accrued interest from September 15, 1938,
loDecember 15, 1938,($3*770718 per $1,000), will be paid following acceptance of
[he notes,
V.
1.

GENERAL PROVISIONS

As fiscal agents of the United States, Federal Reserve banks are author­

ized and requested to receive subscriptions, to make allotments on the basis and
p to the amounts indicated by the Secretary of the Treasury to the Federal Reserve
tanks of the respective districts, to issue allotment notices, to receive payment
|or bonds allotted, to make delivery of bonds on full-paid subscriptions allotted,
pd they may issue interim receipts pending delivery of the definitive bonds*
2.

The Secretary of the Treasury may at any time, or from time to time,

rescribe supplemental or amendatory rules and regulations governing the offering,
phich will be communicated promptly

to the Federal Reserve banks.

HENRY MORGENTHAU, JR,
Secretary of the Treasury.

Ì0>.

Henry Füller
Frank Smith

Chief of Drug^Control,
State of New York

^

Dr. Roger Adams

Head, Department of Chemistry,
University* of Illinois

Dr. James Hibben

Geophysical Laboratory,
Carnegie Institute of Washington

Fred T. Merrill

aaI

C o n s u l t i n g /¿hemist and author of

Foreigjj Policy Association

Peter Vaia er
Dr. S. T. Schicktanz

Chemist,

*

/

ff Ti fluìilTfirn
H U J U k e r
Dr. John R. Matchett

Bureau of Narcotics

Mr, J etnuyh LtulirüT— ”

Dr. B. B. Robinson

SBifc Lyster H. Dewey

AÊm.

Arthur F. Sievers

Bureau of Plant Industry,
(J 5 e p ^ ) of Agriculture
Department of Agriculture (botanist, retired
Division of Drug(JpRelated Plants,
£'13eptT^f Agriculture

Dr. Herbert 0. Calvery

Chief, Division of Pharmacology,
Food and Dung Administration.

Dr. Robert P. Herwick

Food and Drug Administration

Dr. Lawrence Kolb

Assistant Surgeon General,
Division^of Mental Hygiene,
^'Tubllc”HesiltH Service

Dr. James Couch

Pathological Division
Bureau of Animal Industry
Çj^eptT^pf Agriculture

^ ,

Dr. A. H. Blatt

Professor of Chemistry
Howard University

Dr. S. Loewe

Pharmacologist, C o r n e l ^ p ) M e d i c a l College

Dr. A. H. Wright

Professor of Agronomy,
University of Wisconsin

Dr. Carl P. Link

Professor of Biochemistry,
University of Wisconsin

Dr. Walter Bromberg

Senior Psychiatrist, Dept^/of Hospitals,
City of New York

Dr. James C. Munch

Professor of Pharmacology, Temple University!

■Ms*.

H. M. Lancaster

Chief Dominion Analyst,
Ottawa, Canada.

FOÌ^ÉELEASB, M
8»
Monday, December 5, 1938

tS-fl

Scientists expertjin narcotics, plants and human behavior will join this
evening and tomorrow in a study of the first year of marihuana control in which
—
local, State and Federal authorities have collaborated and^considerfldtt«*®®^
future attacks upon the problem«
Some of the specialists were holding preliminary group meetings
tomorrow they will meet in Room 3003 of the Bureau of Internal R
cuss correlating research on questions dealing with the agricultural, chemical,
pharmacological, sociological, economic and industrial phases of the problem.
Hosts at the meeting will be Commissioner of Narcotics H. j. Anslinger*
Dr. H. J. Wollner, Consulting Chemist of the Treasury

Tj

i I in

jMiiPCi.

Treasury agents of the Bureau of Narcotics were charged:
wi ch enforcement of the Marihuana Tax Act when it became effective October 1,
1937.
The conference will be attended by the followings
V

of Bio—Organic Chemistry, Californii

I: istituto of Te
Dr. S. E. Loewe, Pharmaco1ogist^^Cornell Uni

fcal College Ji

-----^
Bf* A. H. B lar&>^Pr ofe s sor of Ghemi
Dr. Carl P® Link, Pro

Lt'iAtjijb'
Dr. A. H. Link, Profes

HoYjar^^^^i ver sity <

f i o c h ^ ^ r y y University of Wisconsin»
\
j
University of Wisconsin.

T
Dr. Alexander Getti

9 City Toxicologist, C^tyaof New York.

Dr. Wal^er^fromb^g, Psychiatrist-in-Charge,/)epartmehhpf Hosoitals,

a

C i w of New York.

/

!

/

/

i n t o f Health

TREASURY DEPARTMENT
^

Washington

FOR IMMEDIATE RELEASE,
Monday, December 5, 1938«

Press Service
No* 15-54

Scientists expert in narcotics, plants and human behavior will join
this evening and tomorrow in a study of the first year of marihuana control
in which local, State and Federal authorities have collaborated and to con­
sider future attacks upon the problem.
Some of the specialists were holding preliminary group meetings today
and tomorrow they will meet in Room 3003 of the Bureau of Internal Revenue
Building to discuss correlating research on questions dealing with the agri­
cultural, chemical, pharmacological, sociological, economic and industrial
phases of the problem.
Hosts at the meeting will be Commissioner of Narcotics H. J. Anslinger
and Dr. H. J* Wollner, Consulting Chemist of the Treasury Department. Treasury
agents of the Bureau of Narcotics were charged with enforcement of the Marihuana
Tax Act when it became effective October 1, 1937.
The conference will be attended by the following:
Dr. A. H, Blatt, Professor of Chemistry, Howard University.
Dr. S. Loowe, Pharmacologist, Cornell University Medical College#
Dr# A. H. Wright, Professor of Agronomy, University of Wisconsin.
Dr. Carl P. Link, Professor of Biochemistry, University of Wisconsin.
Dr. Walter Bromberg, Senior Psychiatrist, Department of Hospitals,
City of New York.
Dr. James C. Munch, Professor of Pharmacology, Temple University.
H. M. Lancaster, Chief Dominion Analyst, Ottawa, Canada.

2 -

Henry Fuller, consulting chemist and author of '‘Chemistry and
Analysis of Drugs and Medicine."
Frank Smith, Chief of Drug Control, State of New York..
Dr. Roger Adams, Head, Department of Chemistry, University
of.Illinois*
Dr* James Hihhen, Geophysical Laboratory, Carnegie Institute
of Washington.
Fred T. Merrill, Foreign Policy Association*
Dr* John.R. Matchett and Staff, Laboratory, Bureau of Narcotics.
Dr. B. B. Robinson, Bureau of Plant Industry, Department of
Agriculture.
Lyster H* Dewey, Department of Agriculture (botanist, retired).
Arthur F. Sievers, Division of Drug and Related Plants, Depart­
ment of Agriculture*
Dr. Herbert 0* Calvery, Chief, Division of Pharmacology, Food
and Drug Administration.
Dr. Robert P. Herwick, Food and Drug Administration#
Dr. Lawrence Kolb, Assistant Surgeon General, Division of Mental
Hygiene, United States Public Health Service*
Dr* James Couch, Pathological. Division, Bureau of Animal Industry,
Department of Agriculture.
Peter Valaer, Chemist, Treasury Department.
Dr. S* T. Schicktanz, Chemist, Treasury Department.

’O0o~~

H

BH
—wt.J'

|fcrcombfti 0, 1*91)8.

b re a k e rs and p ick ed up th e drowning man.

Olsen rem ained in th e engine room

during a l l th e se m aneuvers, s ta y e d a t th e c o n tr o ls under th e se p e r ilo u s con­
d i ti o n s , and ren d ered commendable s e r v ic e *
I McCormick w§s bora on May 12, 1901 at Hemlock, Oregon; Olsen was born
March 16, 1904 at Renton, Washington^, and Lawrence was born on January 29,
1910 at Beaverton, Oregon.

All of these men are now stationed at the Point

Adams Coast Guard Station, Hammond, Oregon.

*****£*#*)(«

iatA .,

JfoaJftiatftnn J L 0..

R < ^
Secretary, of ta w

asUl^^TTS^Tannounced the award of a gold lifeirfn4ai i£a it— ii^1
») John F. McCormick,

saving medal to ^¿oat swain *s Mate >tJ f ir.sJ

a silver lifesaving medal to Chief Motor Machinist’s M a t e A l b e r t

L. Olsen^ and a silver lifesaving medal to Surfman Harold W. Lawrence, all
members of the United States Coast Guard, for rescuing their shipmate, Surfman
Richard 0. Bracken^ from drowning on March 26, 1938, while the
Coast Guard motor lifeboat TRIUMPH was attempting to aid the^ug TYEE near the
mouth of the Columbia River, Hammond, Oregon,
»¿jh m o o

Mi-maJa

Oft

"■

1Q^_

»'WKyew* l"ifcbiMwt TRIUMPH

— —...
0
i4»e^p4wdu^eea6^*Sl*oint Adams Coast Guard Station# to the mouth of the Columbia
River^ near H

a

m

m

o

several crab boats crossed in.
wa,s attempting to cross out.

n

d

w

h

i

l

e

The flhg TYE&with a barge load of logs in tow,
The TYEE pa,ssed too close to a life buoy and the

barge drifted into the outer break on Clatsop Spit.

h

ing to assist the TIES, lost Surfman

The TRIUMPH, while attempt-

Bracken

¿bust fro a rA
board in the breakers of Clatsop Spity

m S S S S m overters* *X4\

Bracker!~l?ou^^ld1Sav,
e been droro^|Sad i£

not been for the skill of Boatswain’s Mate McCormick, Chief Motor Machinist’s
Mate Olsen and Surfman Lawrence.
In effecting the rescue of Surfman Bracken, the TRIUMPH was carried

broad­

side on the fac£ of a wave for a distance of about fifty yards, the masts being
completely s

u

b

m

e

by the force of the sea.

r

g

e

i

tself

Bracken had been washed

overboard

McCormick, acting with exceptiory^skill, and

assisted

by Surfman Lawrence, maneuvered the TRIUMPH against the strong current into the

TREASURY DEPARTMENT
Washington
FOR IMMEDIATE RELEASE,
Monday, December 5, 1938.

Press Service
No. 15-55

Secretary Morgenth.au today announced the award of a gold lifesaving
medal to First Class Boa t s w a i n s Mato John E. McCormick, a silver lifesaving
medal to Chief Motor Machinist’s Mate Albert L. Olsen and a silver lifesaving
medal to Surfnan Harold ‘
W. Lawrence, all members of the United Stan os Coast
Guard, for rescuing their shipmate, Surfran Richard 0. Bracken, from drowning
on March 26, 1938, while the Coast Guard motor lifeboat TRIUMPH was attempt­
ing to -aid the tug TYEE near the'mouth of the Columbia River, Hammond, Oregon
The TRIUMPH was- sent from the Point Adam© Coast Guard Station to the
mouth of the Columbia River near Hammond to stand by while several crab boats
crossed in.
to cross out.

The tug TYEE, with a barge load of logs in tow, was attempting
Tho TYEE passed too close to a life buoy and the barge drifted

into the outer break on Clatsop Spit. The TRIUMPH, while attempting to assist
the TYEE, lost Surfman Bracken overboard in the breakers of Clatsop Spit.
Bracken would have been drowned, Coast Guard officers said, had it not been
for the skill of Boatswain’s Mate McCormick, Chief Motor Machinist’s Mate
Olsen and Surfman Lawrence.
In effecting the rescue of Surfnan Bracken, tho TRIUMPH wa.s carried
broadside on the face of a wave for a distance of about fifty yards, the mast
being completely submerged.

The lifeboat then righted itself but Bracken

bad been washed overboard by the force of the sea.

McCormick, acting with

exceptional skill, and assisted by Surfman Lawrence, maneuvered the TRIUMPH
against tho strong current into the breakers and picked up the drowning nan.

Olsen remained in the engine room during all these maneuvers and stayed at
the controls under these perilous

conditions , and rendered connendahle

service.

*

McGornick was hern on May 12, 1901, at Hemlock, Oregon;

Olsen was

born March 16, 1904, at Renton, Washington, and Lawrence was horn on January
29, 1910j at Beaverton, Oregon.

All of these men are now stationed at the

Point Adams Coast Guard Station, Hammond, Oregon.

TREASURY I f M i !

m m m m m
FOR R5SXJSASI, MORNING NKWSPa FKRS,
Tuesday» Deee iber 6, 1958»_____

Press Sam®*

It/5/38

Secretary of tbs Treasury Morgenthau announced last night that the sub*
serlptlon hooks for the current offering of 8*3/4 percent Treasury Bonds of
1960*65 and of 1*1/8 percent Treasury Notes of Series B*1943 closed at the
close of business Monday, December 5, for the receipt of cash subscriptiocs«
Cash subscriptions for either issue addressed to a Federal Reserve bank
or braneh, or to tho Treasury Department, and placed in the mail before IB
o*dock midnight, Monday, December 5, will be considered as haring been mitered
before the d o s e of the subscription books*
The subscription books for both issues, and also for the issue of 8 percent
Treasury Bonds of 194?, will d o s e at m e d o s e of business Wednesday, December
7, for the receipt of subscriptions in payment ©f which Treasury Notes of Serial
0*1939, maturing March 15, 1939, are tendered.
Nrchange subscriptions for any of the three issues addressed to a Federal
Reserve bank or branch, or to the Treasury Department , end placed in the sail
before IB o*clock midnight, Wednesday, Deemaber 7» will be considered as hav­
ing been entered before the close of the subscription books*
Announcement of the amount of c a m subscriptions and the bases of allot­
ment will probably be made on Friday, December 9*

TREASURY DEPARTMENT
Washington
fOR RELEASE, MORNING- NEWSPAPERS,
Tuesday, December 6 , 1938._____
12/ 5/ 38 .

Press Service
No. 15-56

Secretary of the Treasury Morgenthau announced last night that the
subscription hooks for the current offering of 2-3/4 percent Treasury Bonds
of 1960-65 and of 1-1/8 percent Treasury Notes of series L-1943 closed at
the close of business Monday, December 5, for the receipt of cash subscrip­
tions.
Cash subscriptions for either issue addressed to a Federal Rosorve
tank or branch, or to the Treasury Department, and placed in the mail before
12 o ’clock midnight, Monday, December 5, will be considered a.s having been
entered before the close of the subscription books.
The subscription books for both issues, and also for the issue of 2
percent Treasury Bonds of 194?, will close at the close of business Wednesday,
December 7, for the receipt of subscriptions in payment of which Treasury
Rotes of Series C— 1939, maturing March 15, 1939, are tendered*
Exchange subscriptions for any of the three issues addressed to a
federal Reserve bank or branch, or to the Treasury Department, and placed
the mail before 12 o ’clock midnight, Wednesday, December 7, will be con­
sidered as having been entered before the close of the subscription books*
Announcement of the amount of cash subscriptions and the bases of
allotment vail probably be made on Friday, December 9.

— oOO'

m u m m
Washington

won m o u s » , m m im

P re ss s« m o «

Tuesday, December 6. 1933.
1 1 /5 /3 8

'flats Secretary of the Treasury announced last evening that the
tenders for #100,000,000, or thereabouts, of 91-day Treasury bille, to
be dated Beesaber 9, 1953, and to mature March 3, 1939, which were
offered on December £, were opened at the federal Reserve banks on
December 3.
The details of this Issue are as follows?
Total applied for
Total accepted

» #354,169,000
*» 100,953,000

Benge of accepted bide?
High
Low
Average price

* 100*
- 99.995 Suivaient rate approximately 0.060 percent
99.996
*
*
*0*019

(£4 percent of the amount bid for at the low price was accepted)

TREASURY DEPARTMENT
Wash!ngton
FOR RELEASE, MORNING NEWSPAPERS,
Tuesday, DeconTbor 6 , 1938.
12/5/38.

Press Service
No. 15-57

The Secretary of the Treasury announced last evening that the tenders
for $100,000,000, or thereabouts, of 91-day Treasury hills, to he darted
•ueotiiiiuer 7, 1938, aixu tu mature isaarcu 6 , 19o9, wixicu were offered on December
2, were opened at the Eederal Reserve-hanks on December 5.
The details of this issue are as follows:
Total applied for
Total accepted

- $354,169,000
- 100,983,000

Range of accepted bids:
High
Low
Average price

100

.

99.995 Equivalent rate approximately 0.020 percent
99.996
«
" .
I
0.017 ’
»

(24 percent of the amount hid for at the low price was accepted)

TREASURY DEPARTMENT
Washington
For Release

- December 6 *58

Press Service

The Section of Fine Arts, Procurement Division of the Treasury Depart­
ment, announces that the competition for the mural decoration in the lobby of
the Bethesda, Maryland, Post Office has been, won by Mr» Robert Gates of Wash­
ington, D* C» The competition m s open to painters resident of or attached to
the states ofj
Maryland
Virginia

West Virginia
District of Columbia

Mr* Adrian Dombush, well known painter, and Mr* Richard Lahey, in­
structor in painting at the Corcoran Art Gallery, acted as jury with the mem­
bers of the Section of Fine Arts*
The mural is to be IS* wide lby 5* high, situated over the Postmaster’s
door in the public lobby. The sum of 11,000 will be paid for this work, this
amount to include the complete cost of execution and installation*
In its original announcement of the Bethesda, Maryland, competition the
Section of Fine Arts explained that artists who submitted designs of vitality
and distinction in this competition would be invited to submit preliminary
studies for mural decorations in other Federal buildings*
Fifty-one artists entered the competition realising that if they did not
win, but nevertheless submitted a design of fine quality, their efforts would
not be wasted and an opportunity would be given them to do a mural for another
building* With this plan in mind the jury examined the entries and the follow­
ing painters will receive invitations to prepare preliminary sketches for murals
in the following buildings t
Auriel Bessemer of Washington, D* C*
William Calfee of Washington, D* C*
Nicolai Cikovsky of Washington, D* C*
Alexander Clayton of Chevy Chase, Md*
Sheffield Kagy of Washington, D* C*

Arlington, Va., P. 0*
Tazewell, Va., P. 0*
Tows on, Maryland, P. 0.
St. M a r y ’s, W. Va*, P. 0#
Luray, Va*

BIOGRAPHICAL NOTE ON ROBERT CATES
Robert Gates who won the competition for the decoration of the Bethesda,
Maryland, Post Office was born in Detroit, Michigan, in 1906* He studied paint­
ing at the Detroit School of Arts and Crafts, and at the Art Students* League
in New York City*
He has been residing in Washington for the past nine years and has twioe
won the Bronze medal ^warded by the Society of Washington artists, once for land­
scape painting and onp for still life. In 1935 he won the Andrew Mellon prize for
his water color exhibited at the Independent Show here in Washington# For the pa*
four years he has been an instructor in painting classes at the Studio House and
this year is teaching at the Phillips Gallery Art School.

TREASURY DEPARTMENT
Washington
For, Release
A

- December 6 *38

Presj? Service
i
Ct

-^J S e o t i o n of Fine Arts^ frocurement Division 4f the■frwaaui"
mental aiffllWibujj that the competition for the mural decoration in the ldbbvof
the^Bethesda, Maryland, Post Office has been won by
Robert Gates of Wash
ington, D. C* The competition was open to painters resident of or attached to
the states of •
Maryland
Virginia

west Virginia
District of Columbia

iiM% Adrian Dombush, well known painter, and )^. Richard Lahey, in­
structor in painting at the Corcoran Art Gallery, acted as jury with the mem­
bers of the Section of Fine Arts*
,
TJ\e m u ral is to be 12$/wide by 5 © h i g h , situated over the Postmaster's
door in the public lobby. The sum of $1,000 will be paid for this work, this
amount to include the complete cost of execution and installation.
In its original announcement of the Bethesda, Maryland, competition the
Section of Fine Arts explained that artists who submitted designs of vitality
and distinction in this competition would be invited to submit preliminary
studies for mural decorations in other Federal buildings.
Fifty-one artists entered the competition, iSatflafa^that if they did not
w i n ^ but nevertheless submitted a design of fine quality, their efforts would
not be wasted and an opportunity would be given them to do a mural for another
building. With this plan in mind the jury examined the entries and the follow­
ing painters will receive invitations to prepare preliminary sketches for murals
in the following buildings :
Auriel Bessemer of Washington, D. C.
William Calfee of Washington, D* C.
Nicolai Cikovsky of Washington, D. C.
Alexander Clayton of Chevy Chase, Md.
Sheffield Kagy of Washington, D. C.

Arlington, Va., (jÈX.
jfe
Tazewell, Va., < g
Towson, Maryland,
St. M a r y * s , ^ _ ^ a . , C P A O *
Luray, Va.\f

BIOGRAPHICAL NOTE ON ROBERT GATES
Robert Gates,who won the competition for the decoration of the Bethesda,
Maryland, Post Office,was born in Detroit, Michigan, in 1906. He studied paint­
ing at the Detroit School of Arts and Crafts, and at the Art Students* League
in New York City.
He has been residing in Washington for the past nine years «nd has twice
won the Bronze medal awarded by the Society of Washington _§,rtists, once for land-1
scape painting and « p f o r still life, in 1935 he won th«TAndrew Mellon prize foil
his water color exhibited at the Independent Show here in Washington. For the pa8!
four years he has be|n an instructor in painting classes at the Studio House and
this year is teaching at the Phillips Gallery Art School.

TREASURY DEPARTMENT
Washington

press Service
No. 15-58

FOR IMMEDIATE RELEASE,
[Tuesday, December 6 , 1938.

The Section of Pine Arts of the Procurement Division announced today that
the competition for the mural decoration in the lobby of the Bethesda,' Maryland,
Post Office has been won by Robert Gates of Washington, D.C.

The competition

was open to painters resident of or attached to the states of!
West Virginia
District of Columbia

Maryland
Virginia

Adrian Dornbush, well known painter, and Richard Lahey, instructor in
painting at the Corcoran Art Gallery, acted as jury with the members of the
Section of Pine Arts.
The mural is to be 13 feet wide by 5 feet high, situated over the Post­
master’s door in the public lobby.

The sum of $1,000 will be paid for this work,

this amount to include the complete cost of execution and installation.
In its original announcement of the Bethesda, Maryland, competition the
Section of Pine Arts explained that artists who submitted designs of vitality and
distinction in this competition would be invited to submit preliminary studies
for mural decorations in other Federal buildings.
Fifty-one artists entered the competition, aware that if they did not win
hut nevertheless submitted a design of fine quality, their efforts would not bo
wasted and an opportunity would be given them to do a mural for another building,
With this plan in mind the jury examined the entries and the following painters
will receive invitations to prepare preliminary sketches for murals in the
following buildings!
Auriel Bessemer of Washington, D.C. William Calfoo of Washington, D.C. Nicolai Cikovsky of Washington, D,C,
Alexander Clayton of Chevy Chase, Md.
Sheffield Kagy of Washington, D.C, -

-

-

Arlington, V a . , Post Office
Tazewell, V a . , Post Office
Towson, Maryland, Post Office
St. M a r y ’s, W.Ya., Post Office
Luray, Y a . , Post Office

-

2

-

-oOo*~

ÀkAA*,

fv r

Me rihuana^ as

mk prèduced in the United States, present

problem to chemists

agronomi^Tsl%s"well ■afc^ocTologists, it w

r

TV

reported today byjgCarry^J»Anslinger|Commissioner of Narcotics!
niWMWiwii||ii)|iijinmijij

w niw iw f

following the first general conference on%Jt£^
itonnImu$tomte**ESS*Sa& in the Bureau of Internal Revenue Building.
While^federal and slate agencies have
marihuana problem

discussed the

S&S5^jir> 1rrP U\ which

chemists and educators met with federal representatives *
Two immediate problems in the study of the '9* drug obtainel
from Indian hemp, Mr.Anslinger declared ^following the conference, J
^ h e

necessity of determining the active constituents of the narcolf
jBp

obtained fromjaemp I iw b ^
r

and to perfect a hemp variety that
uT&JIa

x

will fill «shp industrial requirements**®!^
producjfcpainegative quantity of marihuana©
• A*.

Chemists generally are agreed that cannabinol, the oily
narcotic resin derived from hemp, contains more than one drug,althougj
experiments so far have failed to isolate or identify them.
To

this study,^Mfcfierbert

facilitate

1Z>

chemist of the Treasury'department, M l
educational and private
federal/research agencies.

J . W o l l n e r ,consulting

a-

perfect/plans with other

producing ayihemp plant in the cft^tec
A

aire?

nray in
id thi
that

ààP8**”*— 8Mr;
1 3 perci

Italy and' Rouman'

pere«

fu re , w h j^ ^ it has

nnent of As

prodi

Ltax®ii

as comi

)eP

Uhina

to^ßichuria,

I've

cm le^€s obtained fro

I
uced il

TREASURY DEPARTMENT
Washington

JOR IMMEDIATE RELEASE,
Tuesday, December 6 , 1938.

Press Service
No. 15-59

Marihuana, as produced in the United States, presents a problem to
chemists, agronomists and pharmacologists, as well as sociologists, it was
reported today by Commissioner of Narcotics Harry J. Anslinger, following the
first general conference on the problem, held in the Bureau of Internal Revenue
Building.
While Ecdorai and State agencies have discussed the marihuana problem»
this was the first occasion on which chemists and educators met with Federal
repr osent at iv e s •
Two immediate problems in the study of the drug obtained from Indian
hemp, Mr. Anslinger declared following the conference, are the necessity of
determining the active constituents of the narcotic obtained from the hemp
plant, and to perfect a hemp variety that will fill industrial requirements
while producing a negative quantity of marihuana.
Chemists generally are agreed that cannabinol, the oily narcotic resin
derived from hemp» contains more than one drug, although experiments so far
have failed to isolate or identify them.
To facilitate this study, Herbert J. Wollner, consulting chemist of the
treasury Department, has perfected plans with other Federal educational and
private research agencies,
-— oOo—

IMPORTATIONS OF SUGAR FROM THE PHILIPPINE ISLANDS
UNDER TEDE QUOTA PROVISIONS OF THE PHILIPPINE INDEPENDENCE ACT

The C o m m issio n e r o f C usto m s to d a y announced t h a t p r e lim in a r y
r e p o r t s fro m c o l l e c t o r s o f cu sto m s show t o t a l im p o r t a t io n s o f
1 0 9 ,7 8 8 ,0 8 9 pounds o f r e f in e d and 1 ,7 7 6 ,3 0 1 ,9 8 4 pounds o f u n r e f in e d
s u g a r fro m th e P h i l i p p i n e I s l a n d s , d u r in g th e p e r io d J a n u a r y 1 to
Decem ber 3 , 1938*

T h e se t o t a l im p o r t a t io n s r e p r e s e n t 9 8 .0 3 p e r cent

and 9 9 .1 2 p e r c e n t , r e s p e c t i v e l y , o f th e d u ty f r e e q u o ta s on
im p o r t a t io n s o f t h e s e c o m m o d itie s f o r th e c a le n d a r y e a r 19 38
e s t a b lis h e d u n d e r th e qu ota p r o v is i o n s o f t h e P h i l i p p i n e Independence
A ct.
F o r th e p u rp o se o f a d m in is t e r in g c o n t r o l o f th e s e q u o t a s , th e
c o l l e c t o r s o f cu sto m s a r e r e q u ir e d to s e c u r e t e le g r a p h ic a u t h o r iz a ­
t i o n fro m th e B u re a u o f Custom s a s t o th e f r e e o r d u t ia b le s t a t u s
o f e a ch sh ip m e n t o f s u g a r fro m th e P h i l i p p i n e I s l a n d s a r r i v i n g i n
th e U n it e d S t a t e s d u r in g th e re m a in d e r o f t h e c u r r e n t c a le n d a r y e a r.

(P re p a re d b y t h e D i v i s i o n o f S t a t i s t i c s and R e s e a r c h ,
B u rea u o f C u sto m s)

Sta •
i
OFFICE OF THE COMMISSIONER OF CUSTOMS
«all:
{

H

TO MR. GASTON
(Attention of Mr. Schwarz, Room 289, Treasury Building)
FROM THE COMMISSIONER OF CUSTOMS:

There is attached for immediate release a statement relative
to importations of sugar from the Philippine Islands, under the
quota provisions of the Philippine Independence Act, during the
current calendar year.
When the release has been mimeographed, please have 90
copies forwarded to Mr. Freeman, Room 403, Wilkins Building.

TREASURY DEPARTMENT
Washington

FOR IMMEDIATE RELEASE,
Tuesday, December 6, 1938.

press Service
No. 15-60

The Commissioner of Custons today announced that'preliminary reports
from collectors of custons show total importations of 109,788,089 rounds of
refined and 1,776,301,984 pounds cf unrefined, sugar from.the Philippine
Islands, during the period January 1 to December 3, 1938.

These total ii>*

portations represent 98.03 per cent and 99.12 per cent, respectively, of the
duty free quotas on importations of these commodities for the calendar year
1938 establi shed under the quota provisions of the Philippine Independence Act.
For the purpose cf administering control of these quotas, the collectors
of custons are required to secure telegraphic authorization from the Bureau
of Custons a,s to the free or dutiable status of each shipment of sugar from
tho Philippine Islands arriving in the United States during the remainder of
the current calendar year.
— oOo—

OFFICERS ATTENDING FIELD CONFERENCE,
CLEVELAND, OHIO» DECEMBER 19 AND 20, 1938.

From Washington»
Harold N. Graves, Assistant to the Secretary,
Aubrey R. Marrs, Head, Technical Staff.
John R. Kirk, Deputy Commissioner.
D. S. Bliss, Deputy Commissioner,
Elmer L. Irey, Chief, Intelligence Unit.
John W. Burrus, Assistant Chief Counsel,
P. H, Steltz, Field Procedure Division, Income Tax Unit.
E. A. Ruth, Estate Tax Division, Miscellaneous Tax Unit.
Owen W. Swecker, Appeals Division, Office of Chief Counsel.
Charles Schwarz, Office of the Secretary.
From Field Offices.
Freeman Paulson, Head, Central Division, Technical Staff.
Samuel M. Qdigley, Jr., Technical Advisor, Central Division, Technical Staffl
C. C. Guy, Technical Advisor, Central Division, Technical Staff.
Curtis Risley, Technical Advisor, Central Division, Technical Staff.
H. B. Reed, Technical Advisor, Central Division, Technical Staff*
DeWitt Evans, Counsel, Central Division, Technical Staff.
Thos. F. Callahan, Attorney, Central Division, Technical Staff.
Philip Clark, Attorney, Central Division, Technical Staff.
Stanley Pierson, Attorney, Central Division, Technical Staff.
R. C. Cake, Internal Revenue Agent in Charge, Cleveland Division.
J. E. Williams, A s s ’t Internal Revenue Agent in Charge, Cleveland Division.I
E. A. Beck, Chief Conferee, Cleveland Division.
F. J. Doudican, Chief Estate Tax Officer, Cleveland Division.
E. C. Ely, Internal Revenue Agent in Charge, Cincinnati Division.
E. H. Yunker, Chief Conferee, Cincinnati Division.
David W. Rogers, Chief Estate Tax Officer, Cincinnati Division.
Hubert D. Evans, Conferee, Cincinnati Division.
George E. Neal, Internal Revenue Agent in Charge, Detroit Division.
George Hynds, Chief Conferee, Detroit Division.
James Doyle, Chief Estate Tax Officer, Detroit Division.
Caruthers Wilson, Internal Revenue Agent in Charge, Louisville Division.
Aubrey M. Cates, Chief Conferee, Louisville Division.
William B. Harrison, Chief Estate Tax Officer, Louisville Division.
Edward Cox, Reviewer and Ass*t Internal Revenue Agent in Charge, LouisYill®
Albert C. Grünewald, Special Agent in Charge, Detroit Division.
William M. Gray, Special Agent in Charge, Louisville Division.
I
William L. Henessey, Supervisor of Accounts and Collections, Columbus Divisj
Charles R. Gibson, Supervisor of Accounts and Collections, Louisville Div s|

OFFICERS ATTENDING FIELD CONFERENCE,
N E W YORK, N. Y., DECEMBER 15 M D

16, 1958.

From Washington.
Harold N. Graves, Assistant to the Secretary.
Aubrey R. Marrs, Head, Technical Staff.
John R. Kirk, Deputy Commissioner.
D. S. Bliss, Deputy Commissioner.
Elmer L. Irey, Chief, Intelligence Unit.
John W. Burrus, Assistant Chief Counsel,
p. H. Steltz, Field Procedure Division, Income Tax Unit*
E. A. Ruth, Estate Tax Division, Miscellaneous Tax Unit.
Owen W. Swecker, Appeals Division, Office of Chief Counsel.
Charles Schwarz, Office of the Secretary.
From Field Offices.
Timothy C. Mooney, Head, New York Division, Technical Staff.
Virgil Bean, Assistant Head, New York Division, Technical Staff.
Henry Young, Technical Advisor, New York Division, Technical Staff.
Eldon 0. Hanson, Counsel, New York Division, Technical Staff.
E. C. Algire, Assistant Counsel, New York Division, Technical Staff.
Frank Gibbs, Attorney, New York Division, Technical Staff.
John R. Wheeler, Attorney, Few York Division, Technical Staff.
Frank M. Thompson, Attorney, New York Division, Technical Staff*
Daniel A. Bolich, Internal Revenue Agent in Charge, Brooklyn Division.
August P. Schuster, Ass't Internal Revenue Agent in Charge, Brooklyn Divisio*
R. Meiseis, Chief Conferee, Brooklyn Division.
J. J. Sullivan, Chief Estate Tax Officer, Brooklyn Division.
R. T. Miles, Internal Revenue Agent in Charge, Buffalo Division.
William Knorr, Chief Conferee, Buffalo Division.
James F. Lilly, Chief Estate Tax Officer, Buffalo Division.
C. R. Krigbaum, Internal Revenue Agent in Charge, Second New York Division. ■
R. D. Donoghue, Ass»t Internal Revenue Agent in Charge, Second New York Divi1
N. C. Bailey, Chief Conferee, Second New York Division.
T. C. Stewart, Chief Estate Tax Officer, Second New York Division.
C. B. Allen, Internal Revenue Agent in Charge, Upper New York Division.
I
W. A. Silk, Ass»t Internal Revenue Agent in Charge, Upper N ew York Division.!
J. B. Gellman, Chief Conferee, Upper New York Division.
S. J. Kahl, Chief Estate Tax Officer, Upper New York Division.
Hugh McQuillan, Special Agent in Charge, New York Division.
Everett L. Swift, Supervisor of Accounts and Collections, New York Divisi

OFFICERS ATTENDING FIELD CONFERENCE»
CHICAGO, ILL., DECEMBER 12 AND 13, 1958.

From Washington.
Harold N. Graves, Assistant to the Secretary.
Aubrey R. Marrs, Head, Technical Staff.
John R. Kirk, Deputy Commissioner.
D. S. Bliss, Deputy Commissioner.
Elmer L. Irey, Chief, Intelligence Unit.
John W. Burrus, Assistant Chief Counsel.
P. H. Steltz, Field Procedure Division, Income Tax Unit.
E. A. Ruth, Estate Tax Division, Miscellaneous Tax Unit.
Owen W. Swecker, Appeals Division, Office of Chief Counsel.
Charles Schwarz, Office of the Secretary.
From Field Offices.
Jesse F. Gregory, Head, Chicago Division, Technical Staff.
Robert Grauer, Assistant Head, Chicago Division, Technical Staff.
Victor W. Lomax, Technical Advisor, Chicago Division, Technical Staff.
Emil J. Nelson, Technical Advisor, Chicago Division, Technical Staff.
Joseph Bruce, Technical Advisor, Chicago Division, Technical Staff.
Frederick R. Shearer, Counsel, Chicago Division, Technical Staff.
Daniel A. Taylor, Assistant Counsel, Chicago Division, Technical Staff.
Albert E. Arent, Attorney, Chicago Division, Technical Staff.
H. A. Melville, Attorney, Chicago Division, Technical Staff*
Jonas Smith, Attorney, Chicago Division, Technical Staff.
Norman Cann, Head, Pacific Division, Technical Staff.
Alva Baird, Counsel, Pacific Division, Technical Staff.
E. C. Wright, Internal Revenue Agent in Charge, Chicago Division.
0. W. Olson, Ass*t Internal Revenue Agent in Charge, Chicago Division.
F. J. Holz, 2d A s s ’t Internal Revenue Agent in Charge, Chicago Division.
J. C. Ratner, Chief Conferee, Chicago Division.
W. L. Winship, Chief Estate Tax Officer, Chicago Division.
John C. Walsh, Internal Revenue Agent in Charge, Indianapolis Division.
Clifford A. Esinhart, Chief Conferee, Indianapolis Division.
Dillon 0. Tribble, Chief Estate Tax Officer, Indianapolis Division.
D. W. Reynolds, Internal Revenue Agent in Charge, Milwaukee Division.
J. J. Stier, Chief Conferee, Milwaukee Division.
C. W. Stark, Jr., Chief Estate Tax Officer, Milwaukee Division.
C. W. Rink, Internal Revenue Agent in Charge, St. Paul Division.
Theodore H. Feig, Chief Conferee, St. Paul Division.
George Herman, Chief Estate Tax Officer, St. Paul Division.
L. G. Engstrom, Conferee, St. Paul Division.
Ward B. Miller, Internal Revenue Agent in Charge, Springfield Division.
Guss Jackson, Chief Conferee, Springfield Division.
T. E. Raleigh, Chief Estate Tax Officer, Springfield Division.
Arthur P. Madden, Special Agent in Charge, Chicago Division.
John Glutch, Special Agent in Charge, St. Paul Division.
James C. Mitchell, Supervisor of Accounts and Collections, Chicago Division»
Scott C. McCarl, Supervisor of Accounts and Collections, St. Paul Division*

-

2-

field divisions and their chief assistants, the Special Agents in
Charge of field divisions of the Intelligence Unit, and the Field
Supervisors of Accounts and Collections.

(See list attached.)

Similar conferences will be held after the first of the year at
Boston, Philadelphia, Birmingham, Ala., Dallas, Texas, and other
cities, immediately prior to the extension of the decentralized plan
to the areas in which they are located.
Commissioner Helvering*s purpose in arranging this series of
conferences is to see that the responsible officers in the several
field branches of the Internal Revenue Service are thoroughly in­
structed regarding the changes in their functions and operations
which have resulted from the establishment of the regional plan for
the consideration of tax disputes.

Consistently with the new plan,

the conferences have been arranged for at the several field offices
instead of at Washington as has been the practice in the past when
important changes have taken place.

Under the decentralization,

agencies are being established in all the principal cities of the
country which, under the supervision of the Commissioner of Internal
Revenue, will have final authority to make administrative decisions
in instances of contested tax liability, subject to review only by
the Board of Tax Appeals and the Courts.

The new system Is expected

to be of great convenience to taxpayers, and will shorten materially
the time involved in the settlement of tax controversies.

It will

be in full operation in all parts of the country by June 30, 1939.

FIELD CONFERENCES, INTERNAL REVENUE SERVICE.

Plans have been perfected by Commissioner of Internal Revenue
Guy T. Helvering for a series of conferences of officials of the
Internal Revenue Service, to be held in the various sections of the
country for the purpose of discussing with field officers the details
of the procedure to be followed under the decentralized plan for
handling contested tax cases.
The first of these conferences will occur at Chicago on December
12 and 15,

Similar conferences will be held at New York City on

December 15 and 16, and at Cleveland on December 19 and 20,
The Chicago, New York, and Cleveland conferences will be con­
ducted by Harold N. Graves, Assistant to Secretary of the Treasury
Morgenthau, who for the past several months has been aiding the
officials of the Bureau of Internal Revenue in the development of
the decentralized procedure,

Mr, Graves will be accompanied by

Aubrey R. Marrs, Head of the Technical Staff of the Bureau of
Internal Revenue, who has supervision of the new field offices being
established throughout the country under the decentralized system;
John R. Kirk, Deputy Commissioner in Charge of the Income Tax Unit;
D, S. Bliss, Deputy Commissioner in Charge of the Miscellaneous Tax
Unit; Elmer L. Irey, Chief of the Intelligence Unit; John W. Burrus,
Assistant Chief Counsel, and a number of other officials of the
Bureau of Internal Revenue,

The conferences will be attended by the

principal officers of the newly established field divisions of the
Technical Staff, the Internal Revenue Agents in Charge of the several

TO i

MR. GASTON

In accordance with our conversatii
few days ago, I am handing you he;
a memorandum about the conference
are planning to hold in Chicago,
York, and Cleveland, beginning ne
Monday, together with a list of t
officers of the Bureau of Interna
Revenue who are expected to be in
attendance at each place.

From:

MR. GRAVES 12/i

m 3 **'

Under thè ragionai organization ther© are being established in
all of thè priaolpal otti©# of thè eoantry agendo# «hleh* tmder thè
supervision of thè Cdss&ssioner of Internai 1©Tenne, adii bave fimi
anthority te nake administrativ© deci«ione in instane©« ©f ©catastati
tax li&bility, subjeet to roTiew only by thè Board of fax Appeal# in
thè court*«
The new

corrnmience

syete»
to

le

«xpected by

Hevezaie afflo lai»

to b©

taxpayar# and adii short©n n&terlally th©

of

timo

gre&t
iuTolTed

in th© settlomont of tax controrersi©»* Other afflo©# «ili be
eet&blished aerea© thè ©ountry and «ili he
end of

th©

ourrent fieeal y©ar# desse SO*

in

full

by

th©

1939*

ih© Hat of thoa© aeeìgaed to attead thl#
a# followet

operatimi

meeting# 1#

*> Z m
Mr* Graves will be accompanied by Aubrey R* Marrs, head of the
Technical Staff* Mho has supervision of the

nm field

offices being

established throughout the country under the decentralised system*
John SU Kirk* Deputy Commissioner in charge of the incase Tax Unitf
B* S# Bliss* Deputy Commissioner in charge of the Miscellaneous Tax
î&iiti liner L* Irey* Chief of the Intelligence % i t # John W* Burrus,
Assistent Chief Counsel* and a number of other officials of the Bureau
of Internal Revenue*
The conferences will be attended by the principal officers of
the newly established field divisions of the Technical Staff, the
Internal Revenue Agents in Charge of the several field divisions, and
their first assistants* the Special Agents in Charge of field division®
of the Intelligence i M t * and the field Supervisors of Accounts and
Collections*
Sind liar conferences will be held after the first of the year
in Boston* Philadelphia* Birmingham* Dallas* and ether cities
immediately prier to the extension of the decentralised areas in
which they are located*

The purpose of Secretary Mergenthau and

Commissioner Helvering in arranging the meetings is to provide final
instruction for responsible officers in the field branches of the
Internal Revenue Service with respect to the changes in their functions
and operations resulting from the establishment of the regional plan
for consideration of tax disputes*
Consistently with the new plan* the conferences will be held at
the several field offices rather than at Hashington* as has been the
practice in the past when important Bureau changes have taken place*

Por BedneSday F»lU*s

OWBaieeieaer of Intera*! Eévenue Gay ?» Helverlng today arranged
* «arie» of field conferonoes, fi rat of whieh «ili b© held in Ohi ©ago
and New York next veek« to launch thè permtment ph&se of thè decentraiised program for handling contested taz cacea ìnaugurated at thè
direction of Seeretary of thè Treaaury Morgonthau#

A tuo-day meeting

eli! he held in Cleveland thè follo*ing «eek*
Acide fra® thè Pacific Divicicn of thè CeaNti*ei08er*s Teohnioal
*:1
i
éMñáá
Staff« «hi oh bogan operations earlier in thè year« thè principal
enphaaia of thè Bureau under thè decentra li ceti on pian to date has
been on thè di epos iti on of back cacea on thè Board of faz Appeala*
dooket»
Tlith thè beginning of thè new calendan year« thè Technical
Staff offieiale and their a t t e n u t a «ili be in a pool ti on to revio«
and setti# for thè Cenami sei oner contestad income and estate taz case«
arlelng In their di v i e i m a »

The schedule for thè three confe ronces

this month la aa felicerà9
Chicago •«* Monday and Tuesday« Deeas&er U t h and 13th — >
Board of Trado Building»
/
Sèw York *** Thuraday and Friday« Decomber l&ih and 16th—
Federai Office Building« 90 Church Street»
Cleveland
Monday and Tuesday« Deosober 19th and 20th ~
Standard Building*
The Chicago« Seer York and Cleveland confarono#» «ili be oondueted
by Harold I* Gravea« Aaeisteat to thè Seeretary« afeo for thè pa«t
several jaonthe ha« been aidìng Bureau of Internai Hevenue officiai»
in thè dcvelcpeicnt of thè deeentralised procedure»

: MR.

2

Mr* Graves will be accompanied by Aubrey R* Marrs, head of the
Technical Staff, who has supervision of the new field offices being
established throughout the country under the decentralized system;
John R. Kirk, Deputy Commissioner in charge of the Income Tax Unit;
D* S. Bliss, Deputy Commissioner in charge of the Miscellaneous Tax
Unit; Elmer L* Irey, Chief of the Intelligence Unit; John W* Burrus,
Assistant Chief Counsel, and a number of other officials of the Bureau
of Internal Revenue*
The conferences will be attended by the principal officers of
the newly established field divisions of the Technical Staff, the
Internal Revenue Agents in Charge of the several field divisions, and
their first assistants, the Special Agents in Charge of field divisions
of the Intelligence Unit, and the Field Supervisors of Accounts and
Collections*
Similiar conferences will be held after the first of the year
in Boston, Philadelphia, Birmingham, Dallas, and other cities
immediately prior to the extension of the decentralized areas in
which they are located*

The purpose of Secretary Morgenthau and

Commissioner Helvering in arranging the meetings is to provide final
instruction for -responsible officers in the field branches of the
Internal Revenue Service with respect to the changes in their functions
and operations resulting from the establishment of the regional plan
for consideration of tax disputes*
Consistently with the new plan, the conferences will be held at
the several field offices rather than at Washington, as has been the
practice in the past when important Bureau changes have taken place*

Commissioner of Internal Revenue Guy T. Helvering today arranged
a series of field conferences, first of which will be held in Chicago
and Hew York next week, to launch the permanent phase of the decentral­
ized program for handling contested tax cases inaugurated at the
direction of Secretary of the Treasury Morgenthau.

A two-day meeting

will be held in Cleveland the following week.
Aside from the Pacific Division of the Comnissioner1s Technical
Staff, which began operations earlier in the year, the principal
emphasis of the Bureau under the decentralization plan to date has
been on the disposition of back cases on the Board of Tax Appeals’
docket*
With the beginning of the new calendar year, the Technical
Staff officials and their attorneys will be in a position to review
and settle for the Commissioner contested income and estate tax cases
arising in their divisions.

The schedule for the three conferences

this month is as follows;
Chicago — Monday and Tuesday, December 12th and 13th —
Board of Trade Building.
New York — Thursday and Friday, December 15th and 16th—
Federal Office Building, 90 Church Street.
Cleveland — Monday and Tuesday, December 19th and 20th —
Standard Building.
The Chicago, New York and Cleveland conferences will be conducted
by Harold N. Graves, Assistant to the Secretary, who for the past
several months has been aiding Bureau of Internal Revenue officials
in the development of the decentralized procedure

TREASURY DEPARTMENT

W ashington
JOB. IMMEDIATE RELEASE,
Wednesday,. December 7, 1938.

Press Service
No* 15-61

Commissioner of Internal Revenue Guy T. Helvsring today arranged a series
of field conferences, first of which will he held in Chicago and New York next
week, to launch the permanent phase of the decentralized program for handling
contested tax cases inaugurated at the direction of Secretary of the Treasury
Morgentham

A two-day meeting will he held in Cleveland the following week*

Aside from the pacific Division of the Commissioner's Technical Staff,
which began operations earlier in the year, the principal emphasis of the
Bureau under the decentralization plan to date has been on the disposition of
back Cases on the Board of Tax Appeals* docket.
With the beginning of the new calendar year, the Technical Staff of­
ficials and their attorneys will be in a position to review and settle for
the Commissioner contested income and estate tax cases arising in.their di­
visions.

The schedule for the three conferences this month is as follows:

Chicago — Monday and Tuesday, December 12th and 13th —
Board of Trade Building.
New York — Thursday and Friday, December 15th and 16th —
Federal Office Building, 90 Church Street.
Cleveland — Monday and Tuesday, December 19th and 20th —
Standard Building,
The Chicago, New York and Cleveland conferences will be conducted by
Harold N. Graves, Assistant to the Secretary, who for the past several months
Has been aiding Bureau of Internal Revenue officials in the development of the
decentralized procedure.
Mr. Graves will be accompanied by Aubrey R. Marrs, head of the Technical
Staff, who has supervision of the new field offices being established throughout

2

the country under the decentralized system;
in charge of the Income Tax Unit;
of the Miscellaneous Tax Unit;

John R. Kirk, Deputy Commissioner

D. S. Bliss, Deputy Commissioner in charge,

limer L. Irey, Chief of the Intelligence Unit?

John W. Burras, Assistant Chief Counsel, and a number of other officials of the
Bureau of Internal Revenue.
The conferences will be attended by the principal officers of the newly
established field divisions of the Technical Staff, the Internal Revenue Agents
in Charge of the several field divisions, and their first assistants, the
Special Agents in Charge of fiold divisions of the Intelligence Unit, and the
Field Supervisors of Accounts and Collections.
Similar conferences will bo held after the first of the year in Boston,
Philadelphia, Birmingham, Dallas, and other cities immediately prior to the
extension of the decentralized areas in which they are located.

The purpose

of Secretary Morgenthau and Commissioner Helvering in arranging the meetings
is to provide final instruction for responsible officers in the field branches
of the Internal Revenue Service with respect to the changes in their functions
and operations resulting from the establishment of the regional plan for con­
sideration of tax disputes.
Consistently with the new plan, the conferences will be held at the
several field offices rather than at Washington, as has been the practice in
the past when important Bureau changes have taken place.
Under the regional organisation there are being established in all of
the principal cities of the country agencies which, under the supervision of
the Commissioner of Internal Revenue, will have final authority to make a,d—
fflinistrativc decisions in instances of contested tax liability, subject to
review only by the Board of Tax Appeals in the courts.

3

-

The new system is expected by Revenue officials to be of great con­

venience to taxpayers and will shorten materially the time, involved in the
settlement of tax controversies.

Other offices will be established across

/
the country and will bo in full operation by the end of the current fiscal
year» June 30» 1939«
Tho- li.st of those assigned to attend this month’s meetings is as
follows!

«

4

OFFICERS ATTENDINO FIELD CONFERENCE,
CHICAGO, ILL., DECEMBER 12 AMD 13, 1938.
From Washington:
Harold N. Graves, Assistant to the Secretary.
Aubrey R. Harrs, Head,' Technical Staff.
John R. Kirk, Deputy Commissioner.
D. S. Bliss, Deputy Commissioiler,
Elmer L# Irey, Chief, Intelligence Unit.
John W. Burrus, Assistant Chief Counsel.
P, H* Steltz, Field Procedure Division, Income Tax Unit.
E. A. Ruth, Estate Tax Division, Miscellaneous Tax Unit.
Owen ¥• Swecker, Appeals Division, Office of Chief Counsel.
From Field Offices:
Jesse F. Gregory, Head, Chicago Division, Technical Staff.
Robert Grauor, Assistant Head, Chicago Division, Technical Staff.
Victor W. Lomax, Technical Adviser, Chicago Division, Technical Staff*
Emil J* Nelson, Technical Adviser, Chicago Division, Technical Staff.
Joseph Bruce, Technical Adviser, Chicago Division, Technical Staff.
Frederick R. Shearer, Counsel, Chicago Division, Technical Staff*
Daniel A. Taylor, Assistant Counsel, Chicago Division, Technical Staff*
Albert E. Arent, Attorney, Chicago Division, Technical Staff.
H. A. Melville, Attorney, Chicago Division, Technical Staff.
Jonas Smith, Attorney, Chicago Division, Technical Staff.
Norman Gann, Head, Pacific Division, Technical Staff.
Alva Baird, Counsel, Pacific Division, Technical Staff.
E. C. Wright, Internal Revenue Agent in Charge, Chicago Division.
0. I. Olson, Assistant Internal Revenue Agent in Charge, Chicago Division#^
E. J. Holz, Second Assistant Internal Revenue Agent in Charge, Chicago Division.
J. C. Ratner, Chief Conferee, Chicago Division.
W. L» Winship, Chief Estate Tax Officer, Chicago Division.
John C. Walsh, Internal Revenue Agent in Charge, Indianapolis Division.
Clifford A* Ssinhart, Chief Conferee, Indianapolis Division.
Dillon 0# Tribble, Chief Estate Tax Officer, Indianapolis Division.
D* W. Reynolds, Internal Revenue Agent in Charge, Milwaukee Division.
J. J. Stier, Chief Conferee, Milwaukee Division.
C. W, Stark, Jr., Chief Estate Tax Officer, Milwaukee Division.
C. W, Rink, Internal. Revenue Agent in Charge, St. Paul Division.
Theodore H. Feig, Chief Ccnf cree, St. ^Paul Division,
George Herman, Chief Estate Tax Officer, St. Paul Division.
D« G. Engstrom, Conferee, St. Paul Division.
Ward B. Miller, Internal Revenue Agent in Charge, Springfield Division.
Guss Jackson, Chief Conferee, Springfield Division.
T. E. Raleigh, Chief Estate Tax Officer, Springfield Division.
Arthur P* Madden, Special Agent in Charge, Chicago Division,
John Glutch, Special Agent in Charge, St. Paul Division,
James C, Mitchell, Supervisor of Accounts and Collections, Chicago Division.
Scott 0« MeCarl, Supervisor of Accounts and Collections, St, Paul Division«

- 5 ~

OFFICERS ATTENDING FIELD CONFERENCE,
NEW YORK, N. Y . , DECEMBER 15 AND 16, 1938,

From Washington:
Harold N. Graves, Assistant to the Secretary.
Aubrey R. Marrs, Head, Technical.Staff.
•John R. Kirk, Deputy Commissioner.
D. S. Bliss, Deputy Commissioner.
Ulmer L . Irey, Chief, Intelligence Unit.
John W. Burrus, Assistant Chief Counsel.
P. H. Stoltz, Field Procedure Division, Income Tax Unit.
.
E. A. Ruth, Estate Tax Division, Miscellaneous Tax Unit.
Owen W. Swecker, Appeals Division, Office of Chief Counsel.
From'Field Offices:
Timothy C. Mooney, Head, New York Division, Technical Staff.
Virgil Bean, Assistant Hoad, Nov/ York Division, Technical Staff.
Honry Young, Technical Adviser, New York Division, Technical Staff.
Eldon 0* Hanson, Counsel, New York Division, Technical Staff.
E. C. Algire, Assistant Counsel, New York Division, Technical Staff.
Frank Gibbs, Attorney, New York Division, Technical Staff.
John R. Wheeler, Attorney, New York Division, Technical Staff.
Frank M» Thompson, Attorney, New York Division, Technical Staif • ^
Daniel A. Bolich, Internal Revenue Agent in Charge, Brooklyn Division.
< ^
August P. Schuster, Assistant Internal Revenue Agent in Charge, Brooklyn Division
R. Mei sels, Chief Conferee, Brooklyn Division.
J. J. Sullivan, Chief Estate Tax Officer, Brooklyn Division.
R. T. Miles, Internal Revenue Agent in Charge, Buffalo Division.
William Knorr, Chief Conferee, Buffalo Division.
James F. Lilly, Chief Estate Tax Officer, Buffalo Division.
C. R. Krigbaum, Internal Revenue Agent in Charge, Second New York Division*
R* D* Donoghue, Assistant Internal Revenue Agent in Charge, Second New York
Division*
N. C. Bailey, Chief Conferee, Second New York Division.
T. C. Stewart, Chief Estate Tax Officer, Second New York Division.
C. B. Allen, Internal Revenue Agent in Charge, Upper New York Division. ^ _
W. A. Silk, Assistant Internal Revenue Agent in Charge, Upper New York Division.
J. B. Gollman, Chief Conferee, Upper New York Division.
S. J. Kahl, Chief Estate Tax Officer, Upper New York Division.
Hugh McQuillan, Special Agent in Charge, New York Division.
#
%
Everett L» Swift, Supervisor of Accounts and Collections, New York Division.

\

- 6 -

OFFICERS ATTENDING- FIELD CONFERENCE, .
CLEVELAND, OHIO, DECEMBER 19 ARE 20, 1958.

Harold I. Graves, Assistant to the Secretary.
Aubrey R. Marrs, Head., Technicdl.Staff.
John R. Kirk, Deputy Commissioner.
D, S. Bliss, Deputy Commissioner.
Elmer L. Irey, Chief, Intelligence Unit.
John W# Burrus, Assistant Chief Counsel,
P. H. Steltz, Field Procedure Division, Income Tax Unit.
E. A. Ruth, Estate Tax Division, Miscellaneous Tax Unit.
Owen W* Swecker, Appeals Division, Office of Chief Counsel.
from Field Offices:
freeman Paulson, Head, Central Division, Technical Staff.
Samuel M. Quigley, Jr., Technical Adviser, Central Division, Technical Staff*
C. C. Guy, Technical Adviser, Central Division, Technical Staff.
Curtis Risley, Technical Adviser, Central Division, Technical Staff.
H. B. Reed, Technical Adviser, Central Division, Technical Staff.
DeWitt Evans, Counsel, Central Division, Technical Staff.
Thomas F. Callahan, Attorney, Central Division, Technical Staff.
Philip Clark, Attorney, Central Division, Technical Staff.
Stanley Pierson, Attorney, Central Division, Technical Staff.
E. C. Cake, Internal Revenue Agent in Charge, Cleveland Division.
J. E. Williams, Assistant Internal Revenue Agent in Charge, Cleveland Division.
E. A. Beck, Chief Conferee, Cleveland Division.
F. J. Doudican, Chief Estate Tax Officer, Cleveland Division^
E. C. Ely, Internal Revenue Agent in Charge, Cincinnati Division.
E. H. Yuhker, Chief Conferee, Cincinnati Division.
David W. Rogers, Chief Estate Tax Officer, Cincinnati Division.
Hubert D. Evans, Conferee, Cincinnati Division.
George E. Heal, Internal Revenue Agent in Charge, Detroit Division.
George Hynds, Chief Conferee, Detroit Division.
Janes Doyle, Chief Estate Tax Officer, Detroit Division.
Caruthers Wilson, Internal Revenue Agent in Charge, Louisville Division.
Aubrey M. Cates, Chief Conferee, Louisville Division.
William B. Harrison, Chief Estate Tax Officer, Louisville Division.
#
Edward Cox, Reviewer and Assistant Internal Revenue Agent in Charge, Louisville
Division.
Altert C* Grünewald, Special Agent in Charge, Detroit Division.
...
William L. Henessey, Supervisor of Accounts and Collections, Columbus Division.
Charles R. Gibson» Supervisor of Accounts and Collections, Louisville Division,
William M. Gray, Special Agent in Charge, Louisville Division.

D e c e m b e r 7,

The

Comptroller of the Currency,

today announced the appointment
Chief National

of L*

Preston

1938

Delano,

H* S e d l a c e k as

Bank Examiner fo r the Ninth Federal

Reserve District,

with headquarters

at M i n n e a p o l i s ,

Minnesota»
Mr»

Sedlacek was appointed an assistant national

b a n k e x a m i n e r in M a y ,

1924;

of n a t i o n a l b a n k e x a m i n e r
assigned to

the

of

national banks a n d

a n d was

H e w a s d e t a i l e d t o the

w o r k of the

In F e b r u a r y

r e o r g a n i z a t i o n of

in 1 9 3 3 w a s a s s i g n e d t o t h e R e o r g a n i z a ­

He was

with headquarters

1927,

the C o m p t r o l l e r ’s O f f i c e

1932 and assigned to the

he

in Se p t e m b e r ,

Ninth District*

Insolvent Division

tion Division*

was p r o m o t e d to the position

t r a n s f e r r e d t o t h e T w e l f t h District

In S a n F r a n c i s c o ,

resumed his duties as national

In June,

1934,

ba n k examiner*

when

today

announced the

Chief National

appointment

of L*

H* S e d l a c e k as

Bank Examiner for the Ninth Federal

Reserve District,

with headquarters

at M i n n e a p o l i s ,

Minnesota •
Mr»
bank

Sedlacek was

examiner

in M a y ,

a p p o i n t e d an assistant
1924;

of n a t i o n a l b a n k e x a m i n e r
assigned to
Insolvent

the

of

the

1952. a n d a s s i g n e d t o t h e
national banks
tion Division*

and

resumed his

in S e p t e m b e r ,
He was

1 927,

a n d was

d e t a i l e d t o the

C o m p t r o l l e r ’s O f f i c e
work o f ^ H ^

in 1 9 3 3 w a s

He was

with headquarters
he

w a s p r o m o t e d to t h e p o s i t i o n

Ninth District.

Division

national

reorganization

assigned to

transferred to the

in S a n F r a n c i s c o ,

duties as national

in F e b r u a r y
of

the Reorganiza­
T w e l f t h District

in J une,

19 3 4 ,

b a n k examiner*

when

TREASURY DEPARTMENT
Washington
FOR IMMEDIATE RELEASE,
Wednesday, December 7, 1938.

Press Service
No. 15-62

Comptroller of the Currency Preston Delano today announced the appoint­
ment of L. H. Scdlacek as Chief National Bank Examiner for the Ninth Eederal
Reserve District, with headquarters at Minneapolis-, Minnesota,
Mr. Sedlacek was appointed an assistant national bank examiner in May,
1924;

was promoted to

the position cf national bank examiner in September,

1927, and was assigned to the Ninth District.

He was detailed to the Insolvent

Division of the Comptroller^ Office in February, 1932, and assigned to the
work of reorganization of national banks and in 1933 wa„s assigned to the
Reorganization Division.

He was transferred to the Twelfth District, with

headquarters in San Francisco, in June, 1934, when he resumed his duties as
national bank examiner.

oOo—

SES

‘•there is a much lower death rate among professional and business men than!
among unskilled workers.

Thus, the responsibility for the care of many

of these cases falls upon the community since many individuals find
treatment of the disease too expensive for them to bear.**

* * * *

-

2

-

physicians; of the hospital cases, 400 were ward, 66 semi—private, and 94
private.
Top costs ran up as high as #1,554, while as little as #5.50 was
spent at the other extreme.

Those cases treated in the hospital were

generally much higher than those in the home, although the cost of ward
care was almost as low as home care.

The average cost for semi-private

cases came to about #225; for private cases, #267, as compared with the
low cost for the ward cases, #145.
Physicians * services were estimated at minimum rates, even thougi
not actually paid for by patients in the ward.

They constituted only

t£\

of the total cost, with a somewhat higher percentage in semi—private and
private cases.
The use of serum, which has reduced the mortality from pneumonia,!
has added substantially to costs.

In the average case in which it was

used, it amounted to #70.#Q&
These figure^ are especially significant in the light of recent I
findings of the National Health Survey which showed that more than half of I
the families in New York City have incomes below #125

a month.

Mr. Hirsh point^^ut, few persons can shoulder the costs of an

Thus,

unexpected I

illness which amounts to more than 10^f)of their annual income.
Striking persons of every age, sex, color, and social group,
pneumonia is the leading cause of death at the extremes of life.

Forty

percent of the total number of deaths due to this disease are among men
and women in the most economically productive period of life, those

between

15 and 64 .
«Their deaths”, declare^ Mr. Hirsh, «rob families of bread­
winners, industry of producers, and communities of consumers«.

Further,

Treasury Department
U. S . P u blic Health Service
Washington
FOR RELEASE,
Frid ay, Dece;_____

The average case of pneumonia in New York City costs $167.60

on Research in Medical Economics
1 9 3 8 ).

This fig u r e , according to Mr. H irsh, may be taken as a f a i r

average f o r the c o sts o f pneumonia care in la rg e c i t i e s , e s p e c ia lly in
the north eastern s t a t e s .
I f i t i s rep re sen ta tiv e o f the c o s ts f o r diagnosis and tre a t­
ment o f pneumonia, the annual b i l l fo r t h is d isease in the United States
amounts to more than $ 7 5 ,0 0 0 ,0 0 0 .
nPneumonia accounts f o r w ell in ex

f 4-50,000 cases of i l l -

y

ness a year in this country”, «apprMr. Hirslu ^approximately 2

are f a t a l .

of which

This t o l l exceeds th a t o f any other communicable d isease.

It

a lso c o n trib u tes to many thousands o f deaths annually which are o fficia lly

I

a ttrib u te d to other cau ses, and the e x ten t o f t h is co n trib u tio n has never
been accu ra tely ev alu ated ."
Both d i f f i c u l t and expensive to t r e a t , pneumonia presents a seriouB
medical problem.

Because o f i t s exten siv e duration (fo r many of the non-

f a t a l c a se s) and complexity o f treatm en t, i t c re a te s a ls o a very definite
economic problem.

This study was made in an e f f o r t to determine the amount

and nature o f c o s ts o f carin g f o r pneumonia.

I t was compiled from the

records of 625 pneumonia c a s e s , in fiv e h o s p ita ls , one home nursing service*
and home c a s e s , in New York C ity .

In each l a t t e r c a se , th ere were private

TREASURY DEPARTMENT
U. S. Public Health Service
Washington

FOR RELEASE, AFTERNOON PAPERS,
Friday, December 9, 1938.

Press Service
^°* 15-63

The average case of pneumonia in New York City costs $167*60» according
to "A Study of the Economics of Pneumonia1’ conducted by Joseph Hirsh, Research
Associate of the Committee on Research in Medical Economics (PUBLIC HEALTH
REPORTS, December 9, 1938),

This figure, according to Mr. Hirsh, may be taken

as a fair average for the costs of pneumonia care in large cities, especially
in the northeastern states.
If it is representative of the costs for diagnosis and treatment of
pneumonia, the annual.bill for this disease in the United States amounts to
more than $75,000,000.
’’Pneumonia accounts for well in excess of 450,000 cases of illness a year
in this country,’* Mr# Hirsh said, napproximately 25 per cent of which are fatal.
This toll exceeds that of any other communicable disease#

It also contributes

to many thousands of deaths annually which are officially attributed to other
eauses, and the extent of this contribution has never been accurately evaluated.
Both difficult and expensive to treat, pneumonia presents a serious
medical problem.

Because of its extensive duration (for many of the non-fatal

cases) and complexity of treatment, it creates also a very definite economic
problem.

This study was made in an effort to determine the amount and nature of

costs of caring for pneumonia.

It was compiled from the records of 625 pneu­

monia cases, in five hospitals, one home nursing service, and home cases, in
Rew York City.

In each latter case, there were private physicians; of the hos­

pital cases, 400 were ward, 66 semi ^private, and 94 private.
Top costs ran up as high as $1,554, while as little as $5,50 was spent at
toe other extreme.

Those cases treated in the hospital were generally much

-

2

-

higher than, those in the home» although-the-cost of ward care was almost as low
as home care.

The average cost for semi-private cases came to about $225;

for private cases, $267» as compared with the low-cost for the ward cases, $145#
Physicians * services were estii "ted at minimum rates, even though not
actually paid for by patients in the ward.

They constituted only 24 per cent of

the total cost, with a somewhat higher percentage in semi-private and private
cases.
The use of serum, which has reduced the mortality from pneumonia, has
added substantially to costs.

In the average case in which it was used, it

amounted to $70.
These figures are especially significant in the light of recent find­
ings of the National Health Survey which showed that more than half of the
families in New York City have incomes below $125 a month.

Thus, Mr. Hirsh

pointed out, few persons can shoulder the costs of an unexpected illness which
amounts to more than 10 per cent of their annual income.
Striking persons of every age., sex, color, and social group, pneumonia
is the leading cause of death at the extremes of life.

Forty per cent of the

total number of deaths due to this disease are among men and women in the
most economically productive period of life, those between 15 and 64.
"Their deaths," declared Mr- Hirsh, "rob families of breadwinners, in­
dustry of producers, and communities of consumers»"

Further, "there is a much

lower death rate among professional and business men than among unskilled work-»
ers.

Thus, the responsibility for the care of many of these cases falls upon

the community since many individuals find treatment of the disease too expensive
for them to bear."
— oOo—

-

2

-

Act i s a new type of Government se rv ice fo r a l l th e
General Parran declared in commenting on appointments to the Council,
"Through i t the Government i s a b le to o ff e r con crete h elp , not only to
■$f

the o f f i c i a l agency, but also^ the p riv a te s c i e n t i f i c in s t it u t io n , or
th e a ccred ited in d iv id u a l, in order to speed progress toward a
s c i e n t i f i c g o a l'^ .
The stak es o f v ic to ry ag ain st cancer are so high and the hope of
every American fam ily in th a t v ic to ry i s so p a th e tic a lly ea rn e st,
in th e opinion o f th e Surgeon G eneral, th a t every e f f o r t must be made
to c lo se in on t h is enemy of mankind. | "The work o f th e N ational
Cancer I n s t it u t e i s a t e s t o f th e cap acity o f Government to lead
through s e r v ic e .

I b e lie v e th a t th e r e s u lts to date a re showing

a d d itio n a l evidence o f the ca p a city o f men o f scie n ce to work together
and p r o fita b ly fo r th e so lu tio n o f t h e ir great common problems.

In

th e I n s t it u te we have a new vantage point and a new hope o f success

ERB;mea:m
12/7/38

TREASURY DEPARTMENT
U. S . Public Health Serv ice

FOR RELEASE

,

FOR RE
Sunday

\\2r9-2
Dr* James B . Murphy, Chief o f th e Cancer Research D ivision of the

feller

R o c k e fe lle r I n s t i t u t e , New York, and Dr* Mont Rogers R eid, D irector of

of the

S u rg ic a l S e r v i ^ ^ f e i c i n n a t i General H o sp ital^ and P ro fesso r of Surgery I

Gincir

i ^ t h e U niversity o f C in cin n a ti, were named today as new members of the I

Counci

N ational Advisory Cancer Council fo r th re e -y e a r terms* I The appointments]
were announced by Surgeon General Thomas Parran o f the United States

Unitec

P u blic Health S e rv ic e , who i s e x - o f f ic i o chairman o f th e Cancer Council.]

Counci

The new members o f th e Council succeed Dr. Fran cis C arter Wood, Director]

[of the

o f the Crocker I n s t it u t e of Cancer R esearch, Columbia U niversity, and
Ewing

Dr* James Ewing, D ire cto r o f th e Memorial H osp ital, New York, both of

origi]

whom were named as o r ig in a l members o f the Council on October 1 6 , 1937* I
Continuing members o f th e Cancer Council are P resid en t James B.

Harva:
Conant o f Harvard U n iv e rsity , who i s an au th o rity on chem istry; Dr.

the U:

Arthur H. Compton o f the U niversity o f Chicago, a Nobel prize-winner

Manag

in p h y sics; «ad Dr. C* C. L i t t l e , Managing D ire cto r o f the American

Hekto
S o cie ty fo r th e Control o f Cancer; and Dr* Ludvig Hektoen, o f Chicago,

Disea

former d ir e c to r o f th e John McCormick I n s t it u t e f o r In fe ctio u s Diseases,]

Counc
who is serving as execu tive d ir e c to r o f th e N ational Advisory Cancer
Council.
The Cancer Council shares with th e Surgeon General resp on sibility

polic
gard

fo r th e p o lic ie s and a c t i v i t i e s o f th e N ational Cancer In s titu te Act
with p a rtic u la r regard to g r a n ts -in -a id . ( "The N ational Cancer In stitu te

iall 1

TREASURE DEPARTMENT
U. S. Public Health Service
Washington

IfOH EELEASE, MORNING NEWSPAPERS,

Sunday, December 11, 1938.
12-9-38

Press Service
No. 15-64

Dr* Jaraes B. Murphy, Chief of the Cancer Research Division of the Rockerfeller Institute, New York, and Dr* Mont Rogers Reid, Director of Surgical Service
of the Cincinnati General Hospital and Professor of Surgery at the University of
Cincinnati, were named today as new members of the National Advisory Cancer
Council for three-year terms*
The appointments were announced by Surgeon General Thomas Parran of the
United States Public Health Service, who is ex-officio chairman of the Cancer
Council*

The new members of the Council succeed Dr, Francis Carter Wood, Director

Iof the Crocker Institute of Cancer Research, Columbia University, and Dr* James
iEwing, Director of the Memorial Hospital, New York, both of whom were named as
original members of the Council on October 16, 1937.
Continuing members of the Cancer Council a*re President James B* Conant of
Harvard University, who is an authority on chemistry? Dr. Arthur H* Compton of
the University of Chicago, a Nobel prize-winner in physics? Dr. C* C* Little,
Managing Director of the American Society for the Control of Cancer? and Dr* Ludvig
Hektoen, of Chicago, former director of the John McCormick Institute for Infectious
Diseases, who is serving as executive director of the National Advisory Cancer
Council.
The Cancer Council shares with the Surgeon General responsibility for the
policies and activities of the National Cancer Institute Act with particular re­
gard to grants-in— aid. .
"The National Cancer Institute Act is a new type of Government service for
al1 the people,» Surgeon General Parran declared in commenting on appointments to

- 2 -

the Council*

HThrough it tho Government is able to offer concrete help, not only

to the official agency, but also to the private scientific institution, or tho
accredited individual,' in order to speed progress toward a scientific goal*H
The stokes of victory against cancer are so high and the hope of every
American family in that victory is so pathetically earnest, in the opinion of
the Surgeon General, that every effort must be made to close in on this enemy of
mankind*
nThe work of the National Cancer Institute is a test of tho capacity of
Government to lead through service.

I believe that the results to date are show­

ing additional evidence of the capacity of men of science to work together and
profitably for the solution of their great common problems.

In the Institute

we have a new vantage point and a new hope of success for our attack on caroer,,,
Surgeon General Par ran concluded.
oOo— <■

11: j

rm&mm bspártmskt
Washington
Frs80 servi««

for w m m j m m i M s t ,

Friday, Decomber 9, 1930»

Secretary of^tbajfr^sury Morgentfcau today announced ths euh*
scription figuras and the hases of allotment for tha cash off «ring of
2*3/4 percent Treasury Bonds of 1960*63 and of 1*1/6 perçant

Treasury

Botas of Series B*1943*
Reports received froa the Federal Reserve banks show that cash
suhscrlptlons for thè off ©ring of Traasury bonds aggregate #5,732,000,000
and for thè offerìng of Traasury notes aggregate # ,646,000,000*

Subscrip-

tlons for the bonds ware allotted 7 percent, and subsoriptlons for the
notes were allotted 9 percent*

Ko preferrod allou en t was giren, and sub*

scriptions fo r both issues were allotted on a straight percentage basis,
with adjustnents, where neeeesary, to the #100 dénomination.
Furthsr details as to subsoriptlons and allottante will bc
announced when fin al reports are received from the Federal Reserve banks.

TREASURY DEPARTMENT
Washington
POR IMMEDIATE RELEASE,
Friday, December 9, 1938,

Press Service
Ho. 15-65

Secretary of the Treasury Morgenthau today announced the subscription
figures and the basos of allotment for the cash offering of

3/4 percent

Treasury Bonds of 1960— 65 and of 1-1/8 percent Treasury Notes of Series B-1943*
Reports received from tho Federal Reserve banks show that cash sub­
scriptions for tho offering of Treasury bonds aggregate $5,732,000,000 and for
the offering of Treasury notes aggregate $3,646,000,000.

Subscriptions for

the bonds were allotted 7 percent, and subscriptions for the notes wore allotted
9 percent.

No preferred allotment was given, and subscriptions for both issues

were allotted on a straight percentage basis, with adjustments, where necessary,
to tho $100 denomination.
Further details as to subscriptions and allotments will be announced
when final reports are received from the Federal Reserve banks.

■oOo—

United States Savings Bonds.
The coownership feature, under which a man and wife, or any two persons,
may own a Savings Bond and either may redeem it without the signature of the
other, just as checks may be drawn on a joint savings account, is the most
popular method of registering Savings Bonds.

There are almost as many bonds

registered in the names of women as in the names of men, and individual owner
ship constitutes the great majority of registrations.
panies own

Banks and trust corn-

Bonds outstanding, and
A

corporations only about 5 per cent.
The $100 bond unit is the most popular denomination and has accounted
for more than 50 per cent of the number of bonds soldi the $25 unit is next
with about 2 ^ p e r cent sold; the $50 unit is next with a sale of approximately
19 per cent; the $1,000 unit with 19 per cent, while the $500 unit accounts
for approximately 9 per cent.
Yearly sales through November 50, 1958, by states and i_

*

'ities

-

2

-

A Savings Bond matures in exactly 10 years.

Hence, if a bond is bought

each month these bonds will begin 10 years later to mature and pay each month
the full maturity value for as many months as the original investments may
have beenl maae.
made. ^

cMty* J

IMJu 1fflgr BWifl ■RTEBfl
^

^

^ ..

S

'r* \e *3 s 4!han 10 per cent of the total sal^sTmade to dintftjf.ftifiitr-n mar#

'three y e ar^

have been redeemed.

The sale of Savings Bonds for the 10-month period of 1955 amounted to
|259,000,800, maturity value; for the calendar year 1956, $475,515,000, maturijyi
value; for the calendar year 1957, $655,419,100, maturity value; through^ _ I
^ TjuaNovember 50th of the present year, $645,179,100, maturity value, ea*-a- total
sale of $2,015,114,000.
Recently, a questionnaire was forwarded to each owner of Savings Bonds.
The several hundred thousand answers to this questionnaire have been audited I
and show that the smaller income groups own the .gpcat m j sgifry^ o f iwrtugs-^onds.

Skilled workers lead in this ownership, with clerks in second place;

then follows housewives, salesmen and teachers in the order f named.

j

Trr&cdf0*^

The reasons given by individual owners for systematic saving through
Savings Bonds put "funds for retirement” in the lead.

The redemption

feature 1

of Savings Bonds, which permits an owner to redeem his bond for cash at any
time after 60 days from its issue date, makes a strong appeal and is next
reasons assigned by owners for the purchase of these bonds.

in

"Cash estate",

"education of children", "creating a nucleus for home building", "money f°r
dependents", and "travel and recreation" have caused, according to the

answers

to the questionnaires, the investment of hundreds of millions of dollars in

TREASURY DEPARTMENT
Washington

FOR RELEASE, MORNING NEWSPAPERS,
Monday,
Monday December 12, 1958.______
18/8/Î58

Press Service
No.

Secretary Morgenthau announced today that the maturity value of United
States Savings Bonds sold to date has passed the second billion mark.

At

the close of business November 50th, the total amount of bonds sold since
first offered on March 1, 1955, amounted to $2,015,114,000, maturity value.
This represents a sale of 7,200,000 bonds which were purchased by approxi­
mately 1,400,000 investors.
Primarily, Savings Bonds are not designed to meet the Government*s
current need for funds.

They are offered to furnish a type of Government

security which is attractive to any citizen desiring to lay aside funds for
future use.

They are particularly intended as a repository for savings in

relatively small amounts.

To safeguard them for that use, the amount which

any individual might buy is restricted to $10,000, maturity value. JfcUis*-

rpfliiltfi

[More^ than 150,000 investors buy these
nra burine T“I1‘*T'

^nT1^f ~rcr

1

""f'M

ed»Qa4ÌQn ,Qf, childreg. fOY"*"

******rMany thousands miT

imi'hWT" are investing under the Regular

each week, each month, or at other intervals of their choice

Purchase

T R E A S U R Y D EPARTM ENT
IN T E R

O F F IC E

C O M M U N IC A T IO N

DATE

TO

FRO M

Mr. Gaston
Mr. Bryan

Respectfully submitted.

December 8 » 191

UNÎTED STATES SAVINGS BON D S SALES
M A R C H T, T935 T H R O U G H N O V E M B E R 30, T938
S A L E S AT F I FTY L A R G E S T O F F I C E S
LOS ANGELES CAL
O A K L A N D CAL
S A N FR A N C I S C O C A L
D E N V E R COLO
HARTFORD CONN
NEW HAVEN CONN
A T L A N T A GA
C H I C A G O ILL
I N D I A NAPOLIS IND
D E S M O I N E S IA
LOUISVILLE K T
NEW ORLEANS LA
BALTIMORE MD
BOSTON MASS
DETROIT MICH
MIN N E A P O L I SMINN
ST P A U L M I N N
KANSAS CITY MO
ST L O U I S M O
O M A H A NEB
JERSEY CITY N J
NEWARK N J
ALBANY N Y
BROOKLYN N T
BUFFALO N Y
NEW YORK N Y
ROCHESTER N Y
SYRACUSE N Y
A K R O N OHIO
CINCINNATI OHIO
C L E V E L A N D OHIO
COLUMBUS OHIO
D A Y T O N OHIO
S P R I N G F I E L D OHIO
T O L E D O OHIO
OKLAHOMA CITY OKLA
PORTLAND ORE
H A R R I S B U R G PA
P H I L A D E L P H I A PA
PITTSBURGH PA
PROVIDENCE R I
MEMPHIS TENN
NASHVILLE TENN
DALLAS TEX
FORT WORTH T E X
HOUSTON TEX
R I C H M O N D VA
SEATTLE WASH
MILWAUKEE WIS
Wa s h i n g t o n d c
TOTAL

-

MATURITY VALUE
%

2 6 . 3 77,650
3,702.125
12,494,675
1 5,656,900
1.923,200
2,390,950
5,398,925
1 12,606,425
1 1,646,275
8.946,800
9,332,450
7.404,25 0
15.271,275
2 3 , 2 92,550
3 5 , 6 32,950
31,005,300
16,428,1 7 5
2 0 , 8 24,450
3 0 , 5 42,525
12,340,425
3.316,475
7,095,750
1,851,050
3,239,350
5,553,1 7 5
97,257,925
3,547,875
2,545,200
3,470,750
13,574,45 0
25,837,750
7,558.500
6.247,350
848,400
6,555.850
4,704,775
12.031,900
2,005,325
31.082.425
17.739,350
3,1 6 2 , 2 2 5
5,707.450
1,928,200
8,561,1 5 0
3,625,000
7,558,500
4.31 9,1 5 0
13,265.950
28,228,700
35.632.950
771,276.1 7 5

U N I T E D STAT E S S A V I N G S B O N D S S A LES
M A R C H t * T 9 3 5 T H R O U G H N O V E M B E R 30, T938
STATES
ALABAMA
ARIZONA
ARKANSAS
CALIFORNIA
COLORADO
CONNECTICUT
DELAWARE
FLORIDA
GEORGIA
IDAHO
IL L I N O I S
INDIANA
IOWA
KANSAS
KENTUCKY
LOUISIANA
MAINE
MARYLAND
MASSACHUSETTS
MICHIGAN
MINNESOTA
MISSISSIPPI
MISSOURI
MONTANA
NEBRASKA
NEVADA
NEMt H A M P S H I R E
NEW JERSEY
NEW MEXICO
N E W YOR K
NORTH CAROLINA
NORTH DAKOTA
OHIO
OKLAHOMA
OREGON
PENNSYLVANIA
R H O D E ISLAND
SOUTH C A R O L I N A
SOUTH DAKOTA
TENNESSEE
TEXAS
UTA H
VERMONT

VIRGIN IA
WASHINGTON
WEST VIRGINIA
WISCONSIN
WYOMING
D 1ST OF C O L
SUB T O T A L
POSSESSIONS
FOREIGN
GRAND TOTAL

MATURITY VALUE

Jt

14,479,775
5,234.100
14.293.1 0 0
95,220,300
2 8 . 5 86.225
12.682.625
1,81 1,800
20,5 33,75 0
18,923.275
5,838,025
217,41 6,300
67, 0 3 6 . 7 0 0
84,550.775
6 0.997.350
2 7.780,975
17,51 4,1 0 0
8.656.400
23.352.1 2 5
4 3 . 2 81.950
86.765.225
97.032.1 0 0
14,509,075
87,570,450
18.721.950
44.4 8 9 . 8 2 5
2,415,750
4,0 26,22 5
46. 3 0 1 . 6 2 5
4,831.475
162. 2 5 6 . 9 7 5
23.1
50,800
15.098.350
1 14.344,875
33,21 6.37 5
2 2 , 3 45,575
1 2 2 . 3 97,325
5,032.650
9,662,950
13.689.1 7 5
19.929.825
77,908,500
5,031,900
4,227,550
2 1 . 9 42.950
34. 2 2 2 . 9 5 0
18,520,650
70,257,675
5.435.400
53,548,85 0
2,007,074,650
3,422.300
2.617.05 0
2,013.1 1 4,600

3

hundreds of millions of dollars in United States Savings Bonds.
The eoownership feature, under which a man and wife, or any two personsJ
may own a Savings Bond and either may redeem it without the signature of the!
other, just as checks may be drawn on a joint savings account, is the most
popular method of registering Savings Bonds.

There are almost as many bonds!

registered in the names of women as in the names of men, and individual owner­
ship constitutes the great majority of registrations.

Banks and trust com- I

panies own less than 10 per cent çf the Savings Bonds outstanding, and
corporations only about 5 per cent.
The $100 bond unit is the most popular denomination and has accounted
for more than 30 per cent of the number of bonds sold; the $25 unit is next I
with about 24 per cent sold; the $50 unit is next with a sale of approximately
19 per cent; the $1,000 unit with 18 per cent, while the §500 unit accounts
for approximately 9 per cent.
Yearly sales through November 30, 1938, by states and larger cities
are given in the attached tabulations.

- 2 ~

Although Savings Bonds are redeemed for cash on application of the
owner at any time after 60 days have elapsed from the issue date, less
than 10 per cent of the total sales made in three years have been
redeemed.
The sale of Savings Bonds for the 10-month period of 1935 amounted to
#259,000,800, maturity value; for the calendar year 1936, #473,515,000,
maturity value; for the calendar year 1937, #635,419,100, maturity value;
through November 30th of the present year, #645,179,100, maturity value,
or the stated total sale of #2,013,114,000.
Recently a questionnaire was forwarded to each owner of Savings Bonds,
The several hundred thousand answers to this questionnaire have been audited
and show that the smaller income groups own the largest number of bonds.
Skilled workers lead in this ownership, with clerks in second place; then
follows housewives, salesmen and teachers in the order named.
The reasons given by individual owners for systematic saving through
Savings Bonds put "funds for retirement" in the lead.

"Funds for

emergenciesit

based on the redemption feature of Savings Bonds, which permits an owner to
redeem his bond for cash at any time after 60 days from its issue date,
a strong appeal and is next in reasons assigned by owners for the
of these bonds.

makes

purchase

"Cash estate", "education of children", "creating a

nucleus

for home building", "money for dependents", and "travel and recreation" have
caused, according to the answers to the questionnaires, the investment of

TREASURY DEPARTMENT
Washington

FOR RELEASE, MORNING NEWSPAPERS,
Monday, December 1 2 » 1958.______
12/8/38

Press Service
No.
©*=>

Secretary Morgenthau announced today that the maturity value of United j
States Savings Bonds sold to date has passed the second billion mark.

At

the close of business November 30th, the total amount of bonds sold since
first offered on March 1, 1935, amounted to f2,013,114,000, maturity value.
This represents a sale of 7,200,000 bonds which were purchased by approxi­
mately 1,400,000 investors.
Primarily, Savings Bonds are not designed to meet the Government’s
current need for funds.

They are offered to furnish a type of Government

security which is attractive to any citizen desiring to lay aside funds for
future use.

They are particularly intended as a repository for savings in

relatively small amounts.

To safeguard them for that use, the amount which

any individual might buy is restricted to |10,000, maturity value,
More than 130,000 investors buy these bonds each month.

Many

thousands I

are investing under the Regular Purchase Plan offered by the Treasury.

Thesel

investors buy Savings Bonds each week, each month, or at other intervals of
their choice.
A Savings Bond matures in exactly 10 years.

Hence, if a bond is bought I

each month these bonds will begin 10 years later to mature and pay each monthl
the full maturity value for as many months as the original investments may
have been made

TREASURY DEPARTMENT
Washington
FOR RELEASE, MORNING NEWSPAPERS,
Monday, December IS, 1938.
12-10-38

Press Service
No. 15-66

Secretary Morgenthau announced today that the maturity value of United
States Savings Bonds sold to' date has passed the second billion mark.

At the

close of business November 30th, the total amount-of bonds sold since first
offered on March 1, 1935»-amounted to $2,013,114,000, maturity value.

This

represents a sale of 7 ,2 0 0 ,0 0 0 bonds which were purchased by approximately
1,400,000 investors.
Primarily, Savings Bonds are not designed to meet the Government's current
need for funds.

They are offered to furnish a type of Government security which

is attractive to any citizen desiring to lay aside funds for future use.

They

are particularly intended as a repository for savings in relatively small amounts.
To safeguard them for that use, the amount which any individual might buy is
restricted to $1 0 ,0 0 0 , maturity value, in any one year.
More than 130,000 investors buy these bonds each month.

Many thousands

are investing under the Regular Purchase Plan offered Dy the Treasury.

These

investors buy Savings Bonds each week, each month, or at other intervals of their
choice.
A Savings Bond matures in exactly 10 years.

Hence, if a bond is bought

each month these bonds will begin 1 0 years later to mature and pay each month
the full maturity value for as many months as the original investments may have
been made.
Although Savings Bonds are redeemed for cash on application of the owner
at any time after 60 days have elapsed from the issue,date, less than 10 per cent
the total sales made in three years have been redeemed.

The sale of Savings Bonds for the 10-month period of 1935 amounted to
$2591 000 »800, maturity value; for the calendar year 1936r $473,515,000, maturity
value; for the calendar year 1937, $635,419,100, maturity value* through Nov­
ember 30th of the present year, $645,179,100, maturity value, or the s t a t e d
total sale of $2,013,114,000.
Recently a questionnaire was forwarded to each owner of Savings Bonds*
The several hundred thousand answers to this questionnaire have Been audited
and show that the smaller income groups own the largest number of bonds#

Skilled

workers lead in this ownership, with clerks in second place; then follows house­
wives, salesmen and teachers in the order named.
The reasons given by individual owners for systematic saving through
Savings Bonds put "funds for retirement” in the lead.

"Funds for emergencies

based on the redemption feature of Savings Bonds, which permits an owner to re­
deem his bond for cash at any time after 60 days from its issue date, makes a
strong appeal'and is next in reasons assigned by owners for the purchase of these
bonds.

"Cash estate,” "education of children,” "creating a nucleus for home

building,” "money for dependents,” and "travel and recreation” have caused,
according to the answers to the questionnaires, the investment of hundreds of
millions of dollars in United States Savings Bonds.
The coownership feature, under which a man and wife, or any two persons,
may own a Savings Bond and either may redeem it without the signature of the
other, just as checks may be drawn on a joint savings account, is the most popu­
lar method of registering Savings Bonds.

There are almost as many bonds regis­

tered in the names of women as in the names of men, and individual ownership
constitutes the great majority of registrations.

Banks and .trust companies own

less than 10 per cent in dollar amount of the Savings Bonds outstanding, and
corporations only about 5 per cent.

- 3 -

The $100 "bond unit is the mo st popular denomination and has accounted for
nore than 30 per cent of the number of bonds sold; the $25 unit is next with
about 24 per cent sold; the $50 unit is next with a sale of approximately 19 per
cent; the $1,000 unit with 18 per cent, while the $500 unit accounts for approxi
nately 9 per cent.

- ' -

Yearly sales through November 30, 1938, by states and larger cities are
given in the attached tabulations.

_ 4
u n U S D STATES- SAVINGS BONDS SALES
MARCH 1, 1935, THROUGH NOVEMBER 30, 1938 •

States

Maturity Value

$
14,479,775
Alabama
5,234,100
Arizona
14,293,100
Arkansas
95,220,300
California,
28,586,225
Colorado
12,682,625
Connecticut
1,811,800
Delaware
20,533,750
Florida
18,923,275
Georgia
5,838,025
Idaho
217,416,300
Illinois
67,036,700
Indiana
84,550,775
Iowa
Kansas
60,997,350
27,780,975
Kentucky
17,514,100
Louisiana
8,656,400
Maine
23,352,125
Maryland
Massachusetts
43,281,950
86,765,225
Michigan
97,032,100
Minnesota
Mississippi
14,509,075
87,570,450
Missouri
Montana
18,721,950
Nebraska
44,489,825
Nevada
2,415,750
New Hampshire
4,026,225
New Jersey
46,301,625
New Mexico
4,831,475
New York
162,256,975
North Carolina
23,150,800
North Dakota
15,098,350
Ohio
114,344,875
Oklahoma
33,216,375
Oregon
22,345,575
122,397,325
Pennsylvania
Rhode Island
5,032,650
South Carolina
9,662,950
South Dakota
13,689,175
1 Tennessee
19,929,825
iexas
77,908,500
Utah
5,031,900
Vermont
4,227,550
Virginia
21,942,950
Washington
34,222,950
Wyoming
5,435,400
lost Virginia
18,520,650
Wisconsin
70,257,675
district of Columbia 53,548,850
Sub Total
2,007,074,650
3,422,300
2,617,050
uraid T o m
$2,013,114,000

;pMH

Sales at ¿Fifty Largest|Offices
Los- Angeles, California
Oakland, California
San Erancisco, California
Denver, Colorado
Hartford, Connecticut
New Haven, Connecticut
Atlanta, Georgia
Chicago, Illinois
Indiahapclis, Indiana
Dos Moines, Iowa
Louisville, Kentucky
New Orleans, Louisiana
Balt imer e , Mary1and
Boston, Massachusetts
Detroit, Michigan
Minneapolis, Minnesota
St* Raul, Minnesota
Kansas City, Missouri
St. Louis, Missouri
Omaha, Nebraska
Jersey City, New Jersey
Newark, New Jersey
Albany, New York
Brooklyn, New York
Buffalo, New York
New York, Nov/ York
Rochester, New York
Syracuse, Now York
Akron, Ohio
Ci nc innati, Ohi o
Cleveland, Ohio
Columbus, Ohio
Dayton, Ohio
Springfield, Ohio
Toledo, Ohio
Oklahoma City, Oklahoma
Portland, Oregon
Harrisburg, Pennsylvania
Philadelphia, Pennsylvania
Pittsburgh, Pennsylvania
Providence, Rhode Island
Memphis, Tennessee
Nashville, Tennessee
Dallas, Texas
Port Worth, Texas
Houston, Texas
Richmond, Virginia
Seattle, Washington
Milwaukee, Wi sconsin
Washington, D.C*
TOTAL

Maturity Value
$ 26,377,650
3,702,125
12,494,675
15,656,900
1,928,200
2,390,950
5,398,925
112,606,425
11,646,275
8,946,800
9,332,450
7,404,250
15,271,275
23,292,550
35,632,950
31,005,300
16,428,175
20,824,450
30,542,525
12,340,425
3,316,475
7,095,750
1,851,050
3,239,350
5,553,175
97,257,925
3,547,875
2,545,200
3,470,750
13,574,450
25,837,750
7,558,500
6,247,350
848,400
6,555,850
4,704,775
12,031,900
2,005,325
31,082,425
17,739,350
3,162,225
5,707,450
1,928,200
8,561,150
3,625,000
7,558,500
4,319,150
13,265,950
28,228,700
35,632,950
$ 771,276,175

4

The total surveyed population was so distributed as to
give a sample which was, in general, representative of cities
in the United States according to size and region.

In large

cities (1 0 0 ,0 0 0 and over) the population to be canvassed was
determined by a random selection of many small districts based
on those used in the U. S. Decennial Census of 1930.

In the

smaller cities selected for the study, the population was enu­
merated completely.

-3-

The survey shows that disability rates from respiratory
diseases, including such diseases as pneumonia, influenza, and
colds, for adults of the working ages (25-64) are ^JJtimes higher
in the relief group than they are in families receiving $1500
a year and over.
Accidental injuries and orthopedic impairments resulting
from accidents and disease also affect especially the working ages
from 25 to 6 4 , and wide differences are noted in the amount of
disability from these causes in the low and high income groups.
Accidents account for^3ytimes as much disability per capita
among relief families, and about twice as much in the low-paid
non-relief families as they do in the families which have incomes
of IfjpOO a year and over, jrhe^contrast in disability rates for
orthopedic impairments is even more pronounced.

Persons in relief

families have disability rates for orthopedic impairments (5
times as high as the rates for families receiving $^000 and over a
year} rates for non-relief families living on incomes of $1000 and
less a year are almost/X^imes as great as the $J000 and up
economic class.
The National Health Survey was a project conducted by the
United States Public Health Service with the aid of financial grants
from the Works Progress Administration,

These reports are based on

a house-to-house canvass of some 800,000 families, including
2,800,000 persons in 83 cities and 23 rural areas in 19 States.
The survey was made during the winter (largely from November to
March) of 1935-36.

including housewives and men and women workers outside the home*

The

results of the survey show that the excess in the amount of disabi­
lity among persons of these ages in low income families is especi­
ally high from the chronic diseases.

This constitutes an added

economic burden because many of the chronic diseases are "high-cost"
illnesses, requiring extensive diagnostic facilities|and specialized
medical treatment*
Included in this chronic group are the so-called degenera­
tive diseases.

These diseases disable people of the working ages

(25 to 6 4 years) in relief families almost

A

days per capita annually

while the rate i s ^ k a y s per capita for the non-relief group receiving
less than $1000, and only about (ijday per capita for the economic
groups receiving $1500 a year and up, according to Health Survey

1
findings*
Disability from rheumatism, in the 25 to 64 . age group causes
about/2 jdays of incapacity per person in a 12-month period in relief
families, 1 day per capita for the $^000 and less non-relief group,
and about

\k/%r day

per capita for those receiving $1500 and up.

In

this same age group, nervous and mental diseases, excluding cases
in institutions for a year or more, causer 2 (lays* loss per capita
I
********

in a year in the relief families; aboutJ'l. and l/2 days for

non—
relief

families receiving less than $1000; and about six-tenths of a day,
for the families above the $1500 income level*

/

Treasury Department
D. S. Public Health Service
Washington

fIV,.
- f/
~ ^ J ^ * * * y , ILfetsw'-i'M fVfM 4 3 i

For Release

The time loss from disabling illness and accidents is about
3 /times greater in the population of working ages on relief than in
self-sustaining families above the $1500 income level, according to
findings of the National Health Survey of the «
Service,

Public Health

announced today by George St. John Perrott, director

of the survey.
’’Adults between 25 and 64- years of age in relief families were
disabled for 21 days per capita in the survey year, while the rate at
these ages in families receiving $D5Q0 and over was |€)t

days per

capita‘”^ M r . Perrott stated.
\The aged (65 years and over) in relief families experienced
|
^
§
j
disabling illness aggregating about/

f|

8

^

I
/
weeks per capita compared with(3/

J

t o / w e e k s per capita for old persons in upper income families.

Jt

was pointed out b y directors of the survey that these figures represent
minimum rates because they take into account only the days of disability
accruing from illnesses disabling for a wreek or longer.
Disability caused by sickness and accidents has serious
implications for adults between 25 and 64- years of age because this
group represents largely the working population of our country,

TREASURY

DEPARTM ENT

U. S. P U B L IC H EALTH S E R V IC E

MEMORANDUM
date

fro m :

Ernest R. Bryan

T0

Mr* Schwarz

December a, 1938

Attached is a proposed release on loss of time from disabling!
illness and accidents.

It is suggested that this be released for SundJ

December 11, or Monday, December 12th.

ERBsAEM

Ernest R. Bryan,
Office of Health Education

Tr ea sury Dep ar tment
U* S* Public Health Service
Washington
FOR RELEASE, AFTERNOON NEWSPAPERS
Monday, December 12, 1958

Press Service
No. 15-6?

The time loss from disabling illness and accidents is about three
times greater in the population of Working ages on relief than in self­
sustaining families above the $1,500 income level, according to findings
Cf the National Health Survey of the United States Public Health Service,
announced today by George St. John Perrott, director of the survey.
"Adults between 25 and 64 years of age in relief families were dis­
abled for 2 1 days per capita in the survey year, while the rate at these
ages in families receiving $1,500 and over was six to seven days per
capita," Mr. Perrott stated.
The aged (65 years and over)

relief families experienced disabling

illness aggregating about eight weeks per capito., compared with three to
three and one-half weeks per capita for old persons in upper income families,
It was pointed out by directors of the survey that these figures represent
minimum rates boca-use the;, take into account only the days of disability
accruing from illnesses disabling for a week or longer.
Disability caused by sickness and accidents has serious implications
for adults between 25 and 64 years of age because this group represents
largely the working population of our country 9 including housewives and men
and women workers outside the home.

The results of the survey show that

the excess in the amount of disability among persons of those ages in low
income families is especially high from the chronic cl: soases.

This con-

stitutes an added economic burden because many of the chronic diseases are
’high-cost" illnesses, requiring extensive diagnostic facilities and
specialized medical treatment.

-

2

-

Included in this chronic group are the so-called degenerative diseases*
These diseases disable people of the v/orking ages (25 to 64 years) in re­
lief families almost four days per capita annually while the rate is two
days per capita for the non-relief groups receiving less than $ 1 ,0 0 0 , and
only about one day per capita for the economic groups receiving $1,500 a
year and up, according to Health Survey findings*
Disability from rheumatism in the 25 to 64 age group causes about
two days of incapacity per person in a 1 2 -month period in relief families,
one day per capita for the $ 1 ,0 0 0 and less non-reliof group, and about rnehalf day per capita for those receiving $1,500 and up*

In this some e.ge

group, nervous and mental diseases, excluding cases in institutions for
a year or more, cause two days* loss per capita in a year in the relief
families; about one and onb-half days for non-relief families receiving
less than $l.,0 0 0 ;and about six-tenths of c, day, for the fomilics above the
$1,500 inc orne le ve 1 •
The survey shows

that diability rates from respiratory diseases,

including such diseases as pneumonia, influenza, and colds, for adults
of the working ages (25-64) are two and one-half times higher in the relief
group than they arc in families receiving $1,500 a year and over*
Accidental injuries and orthopedic impairments resulting from accidents
nnd disease also affect especially the working ages from 25 to 64, and wide
differences are noted in the amount $f disability from these causes in the
low and high income groups*

Accidents account fir throe times as much

disability per capita among relief families, and about twice as much in the
low-paid non-relief families as they do in the families which have incomes
of $5,000 a year and over*

Tho contrast in disability rates for orthopedic impairments is even
more pronounced*

Persons in relief families have disability rates for

orthopedic impairments five times as high as the rates for families re­
ceiving f c *000 and over a year; rates for non-relief families living on
incomes of ^ 1 , 0 0 0 end less a year are almost four times as great as the
$3 ,0 0 0 and up economic class#
Tho National Health Survey was a project conducted by the United
States Public Health Service with the aid of financial grants from the
Works Progress Administration*

Those reports are based on a house-to-house

canvass of some 800,000 fomiiics, including 2,800,000 persons in 83 cities
and 23 rural areas in 19 States.

The survey was made during the winter

(largely from November to March) of 193 5-36#
The total surveyed population was so distributed as to give a sample
which was, in general, representative of cities in the United States
according to size and region#
population to be canvassed

In large cities (100,000 and over) the

wis determined by a random selection of many

small districts based on those used in the United States Decennial Census
of 1930.

In the smaller cities selected for the study, the population was

enumerated completely

m u m m im & m m m

Washington
fob ä

j

ä

# mrnma

w m m Same#

Tuesday, Decaraber 1 3 . 193$»

ll/ft/M

-The Seeretary of tfce Treasury anaonaeed last eeenlng that the

t«adars for $100,000,000, ©r theraabouts, of 91-4ay Treasury bills, t©
be dated Decanber 14, 1958, «ad to anture

Wmmh 10,

195$, whiofc were

offerad ©n Decamber 9, war» opened at the Federal Reserve baaks on Daeam­
bar

1$.
fba datalla of this issue ar« aa followe i

Total applied for
Total aeoepted

* $584,501,000
* 100,916,000

Haag« of aoaaptad bldas
Higb

Loa
average pria#

- 100.

* 99.996 Äquivalent rata approximately 0*016 pereant
. 99*999
•
■
*
0*015
*

(50 pereant of tha araount bld for at

the

leer prioe was aceeptad)

TREASURY DEPARTMENT
Washington
POE RELEASE, MORNING- NEWSPAPERS,
Tuesday, December 13, 1938.____

Press Service

12/12/38.

Tiie Secretary of the Treasury announced last evening that the tenders
for $100,000,000, or thereabouts, of 91-day Treasury bills, to be dated
December 14, 1938, and to mature March 15, 1939, which were offered on
December 9, were opened at the Federal Reserve banks on December 12*
The details of this issue are as follows!
Total applied for
Total accepted

—
-

$384,501,000
100,716,000

Range of accepted bids:
High
Low
Average price

—
-

100.
99.996 Equivalent rate approximately 0.016 percent
99.997
H
110.013

(50 porcont of the amount bid for at the low price was accepted)

'O0o—

- 3 the most recent surveys show that only one out of six persons having the
disease is under medical supervision.

The cost of pensions paid to those

blind because of syphilis is about ten million dollars a year; the care
of those insane because of syphilis costs about 33i million dollars.
Yet those insane and blind because of syphilis form a very small percen­
tage of the total damage done by the disease.

m

- 2 -

giving the health needs of the State, the city, the village, and the farm
an equal place with the problems of industry, of labor, of agriculture,
and of economics.

All are important, he said, but he thought himself no

zealot when he said that all were not equally important.

The nation could

not live half slave and half free, but almost a century ago was forced to
settle the issue at the cost of the bankruptcy and blood of the Civil War.
Certainly it is not reasonable that, in addition to all the other burdens
we carry in these trying times, a nation half sick and half well should
be expected to achieve a position of armed invulnerability against a n
possible attack, or to gain economic prosperity, cultural progress and
social peace.
Pointing out that if the death rates of 1900 had continued to prevail,
there would have been 817,74-5 additional deaths in the nation as a whole
last year, the Surgeon General stated it as his personal conviction that
the nation had only scratched the surface when it came to saving lives*
By using only well-tried and thoroughly proven methods, as well known to
the doctor of public health as the principle of the self-starter is known
to the automobile manufacturer, he estimated another quarter of a million
lives could be saved annua lly.

Greatest stress, however, he laid upon the

reduction of sickness and disability.

The cost of the National Health

Program, he estimated at its peak, to be attained in some ten years of
careful and gradual building up of services, would almost balance what
now is wasted in institutional and other care of preventable diseases.
It would be self-liquidating, in his opinion, if it did no more than
stamp out syphilis, which now affects about one in every ten adults, y®^

TREASURY DEPARTMENT
U.S* Public Health Service
Washington

v

FOR. RELEASE
~— rrt--j.'" ■■■■
'Late-afternooh papers
December 13, 1938

nThe effect of the National Health Program in rural America will be
apparent in three directions” said Surgeon General Thomas Parran of the
U, S. Public Health Service speaking before the meeting of the American
Farm Bureau Federation in New Orleans on Tuesday, December 13*
11In the first place, a national effort to improve the health of our
farm population will extend preventive services so that our present load
of needless illness and premature death may be cut down;

in the second

place, it will be necessary to improve and extend hospitals and health
centers now located in rural areas, and to build them where there are no
such facilities for the practice of modern medicine.

And, finally, the

farm population, and especially the members of the American Farm Federa­
te*
tion, are best adapted of any class of the population to work out, in
conjunction with their trusted family doctors on the one hand and their
elected representatives on the other, the co-operative approach to the
costs of medical care.”
Doctor Parran said that even professional health workers were sur*
prised by the ground swell of public interest which followed the
Health Conference held in Washington during this past July.

National

He felt, how­

ever, that the impetus for national action would be predicated partly
upon the successful working out in the States of practical programs in
which the individual citizen can see concrete benefits and have a

share

in adapting the machinery of health to his community needs. Also, he

a d d e d ,I

much would depend upon the kind of leadership shown by public official8 in I

TREASURY

DEPARTM ENT

U. S. P U B L IC H EALTH S E R V IC E

MEMORANDUM

FOI

Tuc

DATE December 13, 1938
from :

Ernest R* Bryan

to :

Mr* Schwarz

app

Attached is a proposed release (or statement) on Doctor Parra
address this afternoon before the meeting of the American Farm Bureau

Pul

Fed

Federation in New Orleans.

pop

C{/M

ASM

les

Ernest R. Biyan,
Office of Health Education

^hrW

be
in
prn
the
of

TREASURY DEPARTMENT
U. S. Public Health Service
Washington
FOR IMMEDIATE RELEASE
Tuesday, December 15» 1938

Press Service
No. 15-69

’'The effect of the National Health Program in rural America will bo
apparent in three directions 11 said Surgeon General Thomas Parran of the U. S.
Public Health Service speaking before the meeting.of the American farm Bureau
Federation in New Orleans on Tuesday, December 13.
”In the first place, a national effort to improve the health of our farm
population wi 1 1 extend preventive services so that our present load of need­
less illness and premature death may be cut down: in the second place, it will
be necessary to improve and extend hospitals and health centers now located
in rural areas, and to build them where there are no such facilities for the
practice of modern medicine.

And, finally, the farm population, and especially

the members of the American Parra Federation, are best adapted of any class
of the population to work out, in conjunction with their trusted family doctors
on the one hand end their elected representatives on tho other, the co-operative
approach to tho costs of medical care. n
Doctor Parran said that even professional health workers wore surprised
V

the ground swell of public interest which followed the National Health

Conference held in Washington during this past July.

He felt, however, that

the impetus for national action would be predicated partly upon the successful
working out in the Statos of practical programs in which the individual citizen
can see concrete benefits and have a share in adapting the machinery of health
to

community needs.

Also, he added, much would depend upon the’kind' of

leadership shown by public officials, in giving the health noeds of the State,
he city, the village, and the farm an equal place with the problems of in­
dustry, of labor, of agriculture, and cf economics*.

All. are important, he

said., but he thought himself no zealot when he said that all were not equally

-

important.

2

-

The nation could not live half slave and half free, hut alnost

a century ago was forced to settle the issue at the cost of the bankruptcy
and blood of the Civil War*

Certainly it is not reasonable that, in addition

to all the other burdens we carry in these trying times, a nation half sick
and half well should be expected to achieve a position of armed invulnerability
against all possible attack, or to gain economic prosperity, cultural progress
and social peace*
Pointing out that if the death rates of 1900 had continued to prevail,
there would have been 817,745 additional deaths in the nation as a whole last
year, the Surgeon General stated it as his personal conviction that the nation
had only scratched the surface when it came to saving lives.

By using only,

well-tried and thoroughly proven methods, as well known to the doctor of public
health as the principle of the self-starter is known to the automobile naui>facturer, he estimated another quarter of a million lives could be saved
annually.

Greatest stress, however, he laid upon the reduction of sickness

and disability.

The cost of the National Health Program, he estimated at its

peak, to bo attained in some ten years of careful and gradual building up of
services, would almost balance what now is wasted in institutional and other
care of preventable diseases.

It would be self-liquidating, in his opinion,

if it did no more than stamp out syphilis, which now affects about one in every
ten adults, yet the most recent surveys show that only one out of six persons
having the disease is under medical supervision.

Tho cost Of pensions paid to

those blind because of syphilis is about ten million dollars a year; the care
of those insane because of syphilis.costs about

million dollars.

Yet

those insane and blind because of syphilis form a very small percentage of the
total damage done by the disease*
-oOo-

v
IMPORTS OF DISTILLED LIQUORS AND WINES AND DUTIES COLLECTED THEREON - OCTOBER 1938
October
1938
DISTILLED LIQUORS (Proof Gallons):
Stock in Customs Bonded Warehouses at beginning
Total Imports (Free and Dutiable)
Available for Consumption
Entered into Consumption (a)

3,228,914
1,120,115
4,349,029
1,196,996

#

3,151,856

3,228,914

3,871,982

3,151,856

1,281,119
278,619
1,559,738
321,269
142

1,319,640
141,586
1,461,226
178,878
,289

1,461,036
244,828
1,705,864
323,469
... .... 617

1,430,547
1,879,544
3,310,091
2,057,574
14,190

1,082,959
2,666,262
3,749,221
2,361,417
6,026

1,238,327

1,281,119

1,381,778

1,238,327

1,381,778

278,795
65,703
344,498
60,278

289,902
24,064
313,966
35,142

238,104
80,415
318,519
61,337

271,133
274,736
545,869
260,189

141,325
448,115
589,440
331,800

—............,w , ...... OQ

24

3 472

278,795

257,158

284,208

257,158

OQ

3,871,982

/

■

....4.QO........... e«ww!

2,276,887
155,352
105,090

# 4,230,524
288,335
184,587

$ 21,414,572
1,787,341
772,449

$ 29,770,616
2,092,987
990,486

3 ,4 2 4 ,4 4 5

f 2 ,5 3 7 ,3 2 9

4 ,7 0 3 ,4 4 6

$ 2 3 ,9 7 4 ,3 6 2

$ 3 2 ,8 5 4 ,0 8 9

£ 6 ,0 5 2 ,2 6 2

g j.e ii,g S 9

... ,1 2 .!

£ 3 2 ,6 0 4 ,9 6 6

5 8 8 ,2 3 8 ,4 2 6

#556,579,5S8
: ■--- 9—3S&

# 4 £ X , 0 9 2 ,5 3 :5

tJ
rvj
cx>
te l
{j.
co
co
co
te l
»—
-1
*X7 £» hdc-t- co £5 m < ! p o p fcri <n- -— - 1-3
pa t d c t- cn 3
to -=!
poo
it O O
c i <4- c i go pi <
rt-<rt-O O tr* 1—I e-*-0 O pb <r*- CS fa £3 ct- e-»- O O P J W
£ S O B C t > S > - * * P J P5
t s o ^ t r 1
¡3 0
3 0
S
0<pj
¡3
O. P
H
cd
>3 *~i *r3 *-* h c y p j {V^0 tr* o P j {^
l—1 cr*
o
j-h

l-<rt-pO OO Htr
fX>pic
'*
—1cr*pujxr^

■

#

£7^ag&; ■709

l^j.q>xo3ca

3,427,822
12,680,156
16,107,978
12,137,065

2,960,221
283,672
180,552

-"~$3eT *re^>-xgr3~
- ..."3 . 3 - ■ -

T Q g jd C T -^ fe rx E 5 "i^ !fc fd s e ,gBg&--------— c n l j ftp.beA. Q n

3,709,510
8,175,853
11,885,363
8,677,395
56 112

284,208

DUTIES COLLECTED ON:
Distilled Liquors
Still Wines
Sparkling Wines
Total Duties Collected on Liquor
TcrtaflT'TJuties'ColLect^d'OTT'CTtH©rOtoTORodirtiasr«»

10 Mos. (Jan.-Oct.)
1938
1937

3,930,800
1,666,714
5,597,514
1,721,972
3 RAO

ww*r»*.......-..^5..®- ■.

............

Stock in Customs Bonded Warehouses at end

October
1937

3,456,732
698,187
4,154,919
916,053
... 9 f952-

-— — — — 17-7-

E 9 G p e r te r d " f r o T ir H
(h a « t0 m e G u 8 to d y ""^ ^ “

Stock in Customs Bonded Warehouses at end
STILL WINES (Liquid Gallons):
Stock in Customs Bonded Warehouses at beginning
Total Imports (Free and Dutiable)
Available for Consumption
Entered into Consumption (a)
Exported1frogr-Oueteme^C^
Stock in Customs Bonded Warehouses at end
SPARKLING WINES (Liquid Gallons):
Stock in Customs Bonded Warehouses at beginning
Total Imports (Free and Dutiable)
Available for Consumption
Entered into Consumption (a)
T!ar»rtT*f.aA„. "PrrvYm rtiwfcABifl /iH fltflflw

September
1938

■

8;

7.QS6

cWWW
o c o t.s .
0
3 03 0*2
OO -<2

•• *•

cl*

TREASURE DEPARTMENT
Washington
Press Service
No. 15-70

for r e l e a s e , a f t e r n o o n n e w s p a p e r s ,
fednesday, December 14, 1938,_____
12-13-38

»

4a
Hr
à

iy ijülx u u ï i e s u o i i e c x e u o n u x n er-

CQ

O

Commissioner of Customs James H. Moyle today issued the following statement
showing imports of distilled liquors and wines, and duties collected thereon, cover­
ing,the month of October, 1938, with comparative figures for the months of October,
1937, and September, 1938, and the first .ten months, .of the calendar years 1937 and
1938:
...
...
iHttfi
ct.)
10 Mos. (Jian.
October
September October
1937
1938
1938
1937
1938
DISTILLED LIQUORS
(Proof Gallons)
Stock in Customs.
Bonded Warehouses
3,427,822
3,709,510
3,930,800
3,228,914
at beginning .....
3,456,732
Total Imports (Free
12,680,156
8,175,853
1,666,714
698,187
1,120,115
and Dutiable)....
Available for Con­
16,107,978
11,885,363
5,597,514
4,154,919
4,349,029
sumption .........
Entered into Con­
12,137,065
8,677,395
1,721,972
916,053
1,196,996
sumption (a) ....
Stock in Customs
Bonded Warehouses
3,871,982
3,151,856
3,871,982
3,228,914
at end ...........
3,151,856
STILL WINES
(Liquid Gallons)
Stock in Customs
Bonded Warehouses
1,082,959
1,430,547
1,461,036
1,319,640
at beginning .....
1,281,119
Total Import s (Free
2,666,262
1,879,544
244,828
141,586
278,619
and Dutiable) ....
Available for Con­
3,310,091
3,749,221
1,461,226
1,705*864
sumption ..... .
1,559,738
Entered into Con­
2,361,417
2,057,574
323,469
178,878
321,269
sumption (a) .....
S£ock ih-Customs
•Bonded Warehouses
1,381,778
1,238,327
at e n d .... .
1,381,778
1,281,119
1,238,327
SPARKLING WINES
(Liquid Gallons)
Stock in Customs
Bonded Warehouses
141,325
271,133
238,104
st beginning .....
278,795
289,902
Total Imports (Free
448,115
274,736
80,415
24,064
and Dutiable) ....
65,703
Available for Con­
589,440
545,869
318,519
sumption ........
313,966
344,498
Entered into* Con­
331,800
260,189
61,337
sumption (a) ....
60,278
35,142
Stock in Customs
Bonded Warehouses
257,158
284,208
^ e n d ..........
257,158
278,795
284,208
WTIES COLLECTED ON:
Distilled Liquors
$2,960,221 $2,276,887 $4,230,524 $21,414,572 $29,770,616
2,092,987
Still Wines
1,787,341
288,335
155,352
283,672
990,486
772,449
184,587
Sparkling Wines
105,090
180,552
^ctal Duties. ColJ^cted on Liquors
$3,424,445 $2,537,329 $4,703,446 $23,974,362 $32,854,089
(a) Including withdrawals for ship supplies and diplomatic use.
-ttoO q -**

TREASURY DEPARTMENT
Comptroller of the Currency.
Washington

POR RELEASE MORNING NEWSPAPERS
Thursday
December 15
193^

PRESS SERVICE
No. ^•5"*7d

During the month of November 193^» the liquidation of lH receiver­
ships was completed and the affairs thereof finally closed.

This makes

a total of 1 , 2 3 6 receiverships finally closed or restored to solvency
since the Banking Holiday of March 1933»

Total disbursements, including offsets allowed, to depositors
and other creditors of these 1 , 2 3 6 receiverships, exclusive of the

b2 restored to solvency, aggregated $5 0 S

8 U 7 0 7 7 0 0 » or an average

return of S O . 5 3 per cent of total liabilities, while unsecured credi­
tors received dividends amounting to an average of 6 7 *Ul per cent of
their claims.

Dividends distributed to creditors of all active receiverships
during the month of November 193^» amounted to $1 7^0 326 0 0 .

Total

dividends paid and distributions to depositors of-all receiverships
from March l6 , 1933 to November 30» 193^» amounted to $925 203 ^13 00*
Data as to results of liquidation of receiverships finally closed dur­
ing the month, are a.s follows:

INSOLVENT NATIONAL BANKS LIQpIDATSD AND FINALLY CLOSND
OH RSST0R3D TO SOLVENCY DURING THS MONTH OF
N0V3MBRR, 193S

Name and Location of Bank*
Natl Bank of Wilkes
Washington, Ga*
First Natl Bank
Herrin, 111*
First Natl Bank
Sycamore* 111.
Farmers Natl Bank
Taylorville, 111
First Natl Bank
Wheaton, 111.
First Natl Bank
Dawson Springs, Kyv
Macon Ridge Natl Bank
Delhi* La.
West Point Natl Bank
Westpoint, Nebr.
Public Natl Bank
Rochester, N. H.
First Natl Bank
Seabright, N. J.
1/
First Natl Bank
New Bern, N. C.

B e r Cent
Total Dis­
bursements
to Total
Liabilities.

Per Cent
Dividend
Declared
to All
Claimants.

Cash, Assets,
Uncollected Stock
Assessments, etc.
Returned to Share­
holders.

Canital
Stock at
Date of
„Failure.

Date of
Failure.

Total
Di sburseraents
Including
Offsets Allowed

1-22-31

$ 2lU 093 00

55-22

i

U 3 .S

jo

$ 50 000 0 0

12-31-32

753 202 00

6 U .3 0

jo

6 0 .2

jo

5 0 0 0 0 00

000

81.

jo

1 7 5 00 0 00

000

jo

10 0 0 0 0 00

00 0

5 0 0 0 0 00

000

$

000

10-31-31

1 2 7 1 087

00

S3-97

f>

I--I 9 - 3 3

1 i»l6 7 2 3 0 0

99-62

j,

1-19-33

U9 2 108 00

SH.S6

$

7 2 .U 5 #

3 2 1 757 00

97*06

%

9 5 .3

i

ho 0 0 0

00

000

2 1 -3^

1 6 7 1 3 0 00

7 ^ .6 2

jo

52-7

t

25 000 00

000

1 2 - 1 U- 3 1

5 7 6 588 00

62.7^

j>

Hi 3

i

50 0 0 0 0 0

000

1— 2 — 3 ^

2 027 275 0 0

93-69

i

93-23

i

1 5 0 00 0 0 0

000

1-28-35

1 5 2 9 3 00

1 0 .1 1 5

jo

50 000 0 0

000

1 0 -2 6 - 2 9

5 9 L 2 1 6 00

3*2

$

1 5 0 000 00

00 0

2—

30- gk j»
3 2 .5 2

j>

100.18

INSOLVENT “N ATIONAL BANKS LIitfJID A T KD AND FIN A L U CLOSED
OR R3ST0Ä3D TO SOLTJENCY DURING THJ8 MONTH OF
NOVÄiffixa,

Name and L o c a t io n o f B a n k .

1/ —

l e r Cent
T o t a l D is ­
b u rse m e n ts
to T o t a l
L ia b ilit ie s .

B e r Cent
D iv id e n d
D e c la r e d
to A l l
C la im a n t s .

C a p it a l
S to cK a t
D a te o f
F a ilu r e .

C ash , A s s e t s ,
U n c o lle c t e d S t o c k
A s s e s s m e n ts , e t c .
R e tu rn e d to S h a re ­
h o ld e r s .

$

000

2— 1 7 - 3H

$ 902 933 00

9 8 .10 j>

9 6 .9 2 i

$ 150 000 00

1 2 -1 1 -3 3

281 069 00

55. S 2 ¡6

1 1 .3 5

>

35 000 00

000

1 0 -1 5 -3 1

5U7 925 00

8 1 .8 7 *

100 000 00

000

•
to
I*-

F i r s t N a t l Bank
B ry a n , O hio
F i r s t N a t l B an k
G a ry , S . D .
G a ry N a t l B ank
G a ry , W. F a .

D a te o f
F a ilu r e .

T o ta l
D is b u rs e m e n ts
In c lu d in g
O f f s e t s A llo w e d .

1938

R e c e iv e r a p p o in te d to le v y and c o l l e c t s t o c k a sse ssm e n t c o v e r in g
d e f i c i e n c y i n v a lu e o f s s s e t s s o ld , o r to co m p le te u n f in is h e d
liq u id a t io n .

LIQUIDATION DATA

24

INSOLVENT NATIONAL BANKS
COMPLETELY LIQUIDATED AND FINALLY CLOSED
MONTH OF NOVEMBER 1Q38
DISPOSITION OF TOTAL RESOURCES

DISPOSITION OF TOTAL LIABILITIES

D - Dividend Payments
£ - Other Cash Payments
F - Offsets Allowed
G - Unpaid Liabilities

* 6,138,925 48.¿¡6
$ 2,781,720 21.9%
$ 662,004 5.2%
8 3«101>874 24.5%
$12,684,523

TREASURY
O f fic e

of

th e

DEPARTM ENT

C o m p t r o lle r

of

th e

C u rre n c y

LIQUIDATION DATA

INSOLVENT NATIONAL BANKS
COMPLETEL! LIQUIDATED AND FINALLY CLOSED
MONTH OF
TOTAL COLLECTIONS MADE

NOVEMBER

793ft

DISPOSITION OF TOTAL COLLECTIONS

D - Dividend Payments
£ - Other Cash Payments
F - Expense of Liquidation
TREASURY
O ffice

o f _the

DEPARTMENT

_ C . Q j T » P . t r p J l e r __ o f

th e

P o r r e rye y

$ 6,130,925 63.2%
$ 2,781,720 28.7*
A 784..028 8.1*
* 9,704,673

INSOLVENT NATIONAL BANKS
DISPOSITION OF COLLECTION DOLLAR (INCLUDING OFFSETS ALLOWED) IN
CLOSED RECEIVERSHIP BANKS THE LIQUIDATION OF WHICH HAD BEEN COMPLETED
TO
NOVEMBER 3Q. 1938

14 Receiverships Liquidated and Closed
Month of November 1933

O t f to

O
'

Go

Cu

c y

2305 Receiverships Liquidated and
Closed April 14» 1065 to November 30, 1930

•m

8

m

g m & w t m & àfflht w m a of m y
Federal Reserve
01strlet
Boston
Hew York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Balias
San Francisco
Treasury
TOTAL

Total Subscriptions
Received and Allotted
$ 21,452,650
440,018,600
11.348.450
15,205,100
39,156,550
8,298,150
99,458,150
21.952.450
29,825,400
19,348,250
6,826,400
12,244,800
2.389.950
f901,504»^00

Kotes exchanged for Treasury Bonds of 1960-65. • • • • • #188,196,700
Notes exchanged for Treasury Kotes of Series B*1943. • . 39,382,600
Kotes exohangtd for Treasury Bonds of 194? . . . . . . . 901,504,900
Total moles exchanged. • » ...... . 1929,084,800

h

J

TREASURY DEPARTMENT
Washington
FOR RELEASE» MORNING REDPAPERS,
Wednesday, December 14, 1938»

Press Service

u/ii/ia

Secretary of the Treasury Morgenthau announced last evening the final subsoriptlJ
and allotment figures with respect to the current offering of 2*3/4 percent Treasury I
Bonds of 1960*65, 1*1/6 percent Treasury Notes of Series B-1943 and 2 percent Treasury
Bonds of 1947.
Subscriptions and allotments sere divided among the several Federal Reserve die*
trlcts and the Treasury as follows:
2*3/4 PERCENT TREASURY BONDS OF 1960*65
Federal Reserve Total Cash
District
Subscript!cms
Received
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Pallas
San Francisco
Treasury
TOTAL

Total Cash
Subscriptions
Allotted

$ 575,029,450 > 40,326,900
187,858,650
2,661,340,350
26,581,650
376,825,400
351,262,400 X £4,734,250
12,446,900
176,040,450
10,896,950
151,812,400
581,061,950
40,881,700
8,784,400
123,642,000
6,079,400
85,817,150
7,041,250
99,414,550
7,536,350
106,550,750
24,145,150
344,275,300
5.563.150
79.405.000
>8,732,477,150 1402^876,700

Total Exchange
Subscriptions
Received
(Allotted in full)
> 7,062,400
152,955,150
3,860,250
6,495,350
487,000
264,050
12,311,050
1,244,150
197,750
1,406,500
1,005,000
352,000
556.000
¿188,196,700

Total
Subscriptions
Allotted
6 47,389,350
340,813,800
30,441,900
31,229,600
12,933,900
11,161,000
83,192,750
10,028,590
6,2?7,150
8,447,750
8,541,350
24,497,150
6,119.180
>591,073,400

1-1/8 PERCENT TREASURY NOTES OF SERIES B*1943
Federal Reserve Total Cash
Subscriptions
District
Received
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Treasury
TOTAL

$ 260,626,600
1,690,081,900
211,008,500
278,367,500
123,567,800
112,598,400
394,808,000
103,290,100
46,982,100
78,332,500
64,612,700
270,972,500
11.608.600
$3,646,857,200

Total Cash
Subscriptions
Allotted
> 23,473,200
152,141,000
19,006,000
25,075,900
11,140,600
10,208,300
35,604,400
9,313,400
4,244,100
7,075,500
5,846,800
24,394,900
1.044.900
6328,569,000

Total Exchange
Subscriptions
Reoeived
(Allotted in full)
6 1,048,600
33,484,000
603,700
301,400
93,700
69,200
1,138,200
2,195,700
43,000
208,400
10,000
156,700
30f000
$39,382,600

Itetal
Subscriptions
Allotted
> 24,921,800
185,625,000
19,609,700
25,377,500
11,284,300
10,277,500
36,742,600
11,509,100
4,287,10°
7,283,900
5,856,800
24,551,°°°
lftQ74,90°
,951»6°°

TREASURY DEPARTMENT
Washington
JOR RELEASE, MORNING NEWSPAPERS,
fednesday, December 14, 1938,
12-13-38

■

Press Service
No. 15-72

Secretary of the Treasury Morgenthau announced last evening the final sub­
scription and allotment figures with respect to the current offering of 2-3/4 per
cent Treasury Bonds of 1960-65,' 1-1/8 per cent Treasury Notes of Series B-1943 and
2 per cent Treasury Bonds of 1947,

Subscriptions and allotments were divided among the several Federal Reserve
districts and the Treasury as follows:
2-3/4 PER CENT TREASURY BONDS OF 1960-65
Federal Reserve
District

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Treasury
total

Total Cash
Total Exchange
Total Cash
Subscriptions Subscriptions Subscriptions
Received
Allotted
Received
(Allotted in full)
$

575,029,450 $ 40,326,900
2,681,340,350 187,858,650
376,825,400
26,581,650
351,262,400
24,734,250
176,040,450
12,446,900
151,812,400
10,896,950
581,061,950
40,881,700
123,642,000
8,784,400
6,079,400
85,817,150
99,414,550
7,041,250
106,550,750
7,536,350
344,275,300
24,145,150
79,405,000
5,563,150
$5,732,477,150 $402,876,700

$

7,062,450
152,955,150
3,860,250
6,495,350
487,000
264,050
12,311,050
1,244,150
197,750
1,406,500
1,005,000
.. 352,000
556,000
$188,196,700

Total
Subscriptions
Allotted

$ 47,389,350
340,813,800
30,441,900
31,229,600
12,933,900
11,161,000
53,192,750
10,028,550
6,277,150
8,447,750
8,541,350
24,497,150
6,119,150
$591,073,400

1 --1/8 PER CENT TREASURY NOTES OF SERIES B-1943

Federal Reserve
District

Boston
Now York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
jt. Louis
Ml*meapolis
Kansas City
Mias
I? Francisco
ireasury
total

Total Gash
Total Cash
Total Exchange
Subscriptions. Subscriptions Subscriptions
Received
Allotted
Received
(Allotted in full)
$

260,626,600 $ 23,473,200
1,690,081,900 152,141,000
211,008,500
19,006,000
278,367,500
25,075,900
123,567,800
11,140,600
112,598,400
10,208,300
394,808,000
35,604,400
103,290,100
9,313,400
46,982,100
4,244,100
78,332,500
7,075,500
64,612,700
5,846,800
270,972,500
24,394,900
,11,608,600
1,044,900
$3,646,857,200 $328,569,000

$

1,048,600
33,484,000
603,700
301,400
93,700
69,200
1,138,200
2,195,700
43,000
208,400
1 0 ,0 0 0

156,700
30,000
$ 39,382,600

Total
Subscriptions
Allotted

$ 24,521,800
185,625,000
19,609,700
25,377,300
11,234,300
10,277,500
36,742,600
11,509,100
4,287,100
7,283,900
5,856,800
24,551,600
1,074,900
$367,951,600

~ 2 -

2 PER CENT TREASURY BONDS 0? 1947
Total Subscriptio]
Received and Alle

Federal Reserve
District
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St, Louis
Minneapolis
Kansas City
Dallas
San Eranci sc,u
Treasury
TOTAL

$

f

21,452,850
440,018,600
11,348,450
15,205,100
39,156,550
8,278,150
77,458,150
21,952,450
27,825,400
17,348,250
6,826,400
12,244,800
2,369,750
701,504,900

Notes exchanged for Treasury Bonds of 1960-65 . . . . . . $188,196,700
39,382,600
Notes exchanged for Treasury Notes of Series B-1943 ♦ . .
701,504,900
Notes exchanged for Treasury Bonds of 1947
Total notes exchanged . . . .

— oOo—

.............

$929,084,200

TREASURY DEPARTMENT

Washington
FOR IMMEDIATE RELEASE,
Wednesday, December 14, 1938.

Press Service
No. 15- 7 3

James H. Moyle, Commissioner of Customs, made public the following
Circular Letter No. 1924 of today*s date, which he despatched to all Col­
lectors of Customs:
,fThe Bureau has received inquiries concerning possible changes
in the customs treatment of goods from former Czechoslovak areas now
under Polish and Hungarian occupation.
The Department has as yet received no official announcement
concerning any change in the political status of such areas and it is,
accordingly, not in a position to give definitive information concern­
ing any change in the customs status of goods coming therefrom.

The

Bureau is of the opinion that if and when the Department is officially
advised of a change of jurisdiction from Czechoslovak to Polish and
Hungarian, respectively, in any former Czechoslovak areas, it will
necessarily issue instructions similar to those regarding the customs
treatment of products exported from Sudeten area,s under German occupa­
tion, which were published in T. D. 49743 of November 10, 1938.
This information should be communicated as far as possible to
all interested persons.
(Signed) James H. Moyle
Commissioner of Customs 0

*■?-0 O 0 — -

IMPORTATIONS OF CATTLE, CREAM AND CERTIFIED SEED POTATOES
UNDER THE QUOTA PROVISIONS OF THE CANADIAN TRADE AGREEMENT
Preliminary Figures as of December 3, 1938

Customs District
TOTAL IMPORTS
Percent of Quota

_____ January 1 to December 3, 1938
CATTLE r CATTLE 700#
DAIRY COWS
UNDER 175#
OR MORE
700# CR MORE
(Head)
(Head)
40,309
77.6#

117,863
75.75

FROM CANADA
Alaska
Buffalo
6,041
Chicago
Dakota
181
Duluth & Superior
1
Florida
Maine & N. H.
140
Massachusetts
~
Maryland
Michigan
49
Minnesota
1,460
Montana & Idaho
91
New York
20,453
Omaha
Oregon
Philadelphia
Puerto Rico
St. Lawrence
5,621
Vermont
614
Virginia
Washington
3,492
Total from Canada 38,143

3,730
39,907
2,463
1,065

FROM MEXICO
Arizona
El Paso
San Antonio
San Diego
Total from Mexico 2,166

13,889
26,469
4,241
1,958
46,557

FROM OTHER COUNTRIES
Puerto Rico

6,642
33.2#

CREAM
&]
5,092
0.34#

Dee. 1,1937Id
Nov. 30. 193a
mite or Irish]
SEED POTATOSI
3ounds)
44,729,6771
99.41

160,7701

14,856
489
3,125
33

214
94

109,500
40,380
8,369,779
4,927,116
4,000,714
1,401,290
19,873,146

21

159
21

558
324

1,418
4,055

4,252

4,286
71,306

330
6,642

4,586

415,316
23,870
800
40,280
5,354,016
12,700]
44,729,677

506

(Prepared by Division of Statistics and Research, Bureau of Customs)

PRESS RELEASE
The Commissioner of Customs today announced preliminary figures
for imports of cattle and cream, under the quota provisions of the
Canadian Trade Agreement, as of December 3, 1938, and for certified
seed potatoes for the period December 1, 1937 to November 30, 1938,
and the percentage that such imports bear to the totals allowable
under the quota provisions, as follows:

Sta.
O F F IC E OF THE COMMISSIONER OF CUSTOMS

DEC

16

1938

MR. GASTON
(Attention of Mr. Schwarz, Room 289, Treasury Building)
FROM THE COMMISSIONER OF CUSTOMS:
There is attached for immediate release a tabulation showing
imports of cattle, cream and certified seed potatoes, under the
quota provisions of the Canadian Trade Agreement, as of December
3, 1938.
When the release has been mimeographed, please have 145 copies
forwarded to Mr. Freeman, Room 403, Wilkins Building.

TREASURY D E P A R T I Ä T
Washington
FOR IMMEDIATE RELEASE,
’
Wednesday, December 14, 1938.

Press Service
N°* 15-74

The Commissioner of Customs today announced preliminary figures for
imports of cattle and cream, uhder the quota provisions of the Canadian Trade
Agreement, a s of December 3, 1938, and for certified seed potatoes for the
period December 1, 1937, to November 30, 1938, and the percentage that such
imports bear to the totals allowable under the quota provisions, as follows:

Customs District

:Dec.l,1937ix>
?Nov. 30,3-938
January 1 to December-3, 1938
OTITE o r
:
DAIRY
COWS
:
CATTLÌE
: CATTLE 700#
: IRISH SEED
:
700#
OR
MORE?CREAM
OR MORE
:UNDER 175# :
:
(Head)
: (Gol.) : POTATOES.
(Head)
(Head).
:
(Pounds)

TOTAL IMPORTS
Percent of Quota
FROM CANADA
Alaska
Buffalo
Chicago
Dakota
Duluth & Superior
Florida
Maine & N*H.
Massachusetts
Maryland
Michigan
Minnesota
Montana & Idaho
New York
Omaha
Oregon
Philadelphia
Puerto Rico
St. Lawrence
Vermont
Virginia
Washington
Total from Canada
FROM MEXICO
Arizona
21 Paso
San Antonio
San Diego
Total from Mexico
SOM OTHER COUNTRIES
_l^erto Rico "

40,309
77 . 6 $

117,863
75.7$

m
6,041
—
181
1

140
—
49
1,460
91
20,453
—
**
5,621
614
3,492
38,143

752
834
570
10

2,166

14,856
489
3,125
33
—
44
111

135
3,730
31,907
2,463
1,065

6,642
33.2$

4
45
—
2

- •
686

42
-

5,092
0.34$

**
160,770

5
5
—
214

109,500
40,380
8,369,779
4,927,116
4,000,714

94
—

1,401,¿90

1

m -é

mm

159

—
59
—
—
...

0
m

0
m

558
324
4,286
71,306

1,418
4,055
330
6,642

4,252
—
4,586

13,889
26,469
4,241
1,958
46,557

-

—
—
—
—

*

-

506

21

44,729,677
99*4$

*
19,873,146
**

—
—
—
—
—
21

415,316
23,870
800
40,280
5,354,016
12,700
44,729,677“

mm
mm
mm

mm
—
mm

IMPORTS OF DOUGLAS FIR AND WESTERN HEMLOCK UNDER THE
QUOTA PROVISIONS OF THE CANADIAN TRADE AGREEMENT
Preliminary Figures for the Period January 1 to December 3, 1938

Customs District
TOTAL IMPORTS
Percent of Qnota

i Sawed Timber
: DOUGLAS i
i FIR
:
: (Bd.Ft.) :
87,001,122

and Lumber
WESTERN
HEMLOCK
(Bd.Ft.)

Not Specially Provided For
t MIXED FIR J TOTAL FIR
: & HEMLOCK : & HEMLOCK
i (Bd. Ft.) : (Bd. Ft.)

31,253,073

37,651,478

155,905,673
62.4$

FROM CANADA
Alaska
Buffalo
Chicago
Connecticut
Dakota
Duluth & Superior
Hawaii
Iowa
Los Angeles
Maine & N. H.
Massachusetts
Michigan
Montana & Idaho
New York
Philadelphia
Rhode Island
St* Lawrence
St. Louis
San Francisco
Vermont
Washington

538,721
1,564,527
48,606
3,320,736
16,021,340
9,243,395
1,734,227
25,366
17,547,778
108,078
9,445,343
95,809
15,084
29,738
13,804,025
528,483
37,857
21,117
310,497
305,127
12,255,268

mm

873,907
38,059
2,698,671
3,502,955

59,352
19,223
»

»

. «.

•

_

346,949
..

16,106,826
298,263
10,732
5,692,614
668,879
_

'

750,082
m,
_'
36,773,346
—

150

»

150,598
125,700
738,920

»

49,325

538,721
2,497,786
67,829
3,358,795
18,720,011
12,746,350
1,734,227
25,366
18,644,809
108,078
25,552,169
394,072
15,084
36,813,816
19,496,639
1,197,362
38,007
21,117
461,095
430,827
13,043,513

(Prepared by Division of Statistics and Research, Bureau of Customs)

PRESS RELEASE
The Commissioner of Customs today announced preliminary
figures for imports of Douglas fir and Western hemlock, under
the quota provisions of the Canadian Trade Agreement, as of
December 3, 1938, and the percentage that such imports bear to
the total allowable under the quota provisions, as followst

TREASURY DEPARTMENT
Washington
J0É IMMEDIATE RELEASE,
Thursday, December 15, 1938.

Press Service
No. 15-75

The Commissioner of Customs today announced preliminary figures for
imports of Douglas fir and Western hemlock, under the quota provisions of the
Canadian Trade Agreement, as of December 3, 1938, and the percentage that such
imports hear to the total allowable under the quota provisions, as follows?

Customs District

TOTAL IMPORTS
Percent of Quota

; Sawed Timber and Lumber Not Specially Provided For
WESTERN
: MIXED FIR ? TOTAL FIR
: DOUGLAS
HEMLOCK
: & HEMLOCK : & HEMLOCK
«
FIR
(Bd.Ft.)
:
(Bd.Ft.)
? (Bd.Ft.)
? (Bd.Ft.)
87,001,122

31,253,073

37,651,478

873,907
38,059
2,698,671
3,502,955

59,352
19,223
-

155,905,673
62.4$

PROM CANADA
Alaska
Buf falo
Chi cago
Connecticut
Dakota
Duluth & Superior
Hawai i
Iowa
Los Angeles
Maine & N. H*
Massachusetts
Michigan
Montana & Idaho
New York
Philadelphia
Rhode Island
StA Lawrence
St. Louis
San Francisco
Vermont
Washington

538,721
1,564,527
48,606
3,320,736
16,021,340
9,243,395
1,734,227
25,366
17,547,778
108,078
9,445,343
95,809
15,084
29,738
13,804,025
528,483
37,857
21,117
310,497
305,127
12,255,268

-

346,949

%
16,106,826
298,263
10,732
5,692,614
668,879
6ft
-

150,598
125,700
738,920

oOo—

m
-

750,082
36,773,346
150
49,325

538,721
2,497,786
67,829
3,358,795
18,720,011
12,746,350
1,734,227
25,366
18,644,809
108,078
25,552,169
394,072
15,084
36,813,816
19,496,639
1,197,362
38,007
21,117
461,095
430,827
13,043,513

T R EA SU R Y DEPARTM ENT
O F F IC E O F T H E S E C R E T A R Y

WASHINGTON
C O M M ISSIO N E R O F
A C C O U N T S AND D E P O S I T S

December 8, 1938«

TO MB« GASTON:
During the month of November, 1938, the
following market transactions took place in Govern­
ment securities:
Total purchases ••••••••••• $ 360,000
Total sales •••••••••••••••

—

Net purchases «••••• $ 360,000

IsEÂSUHY DEPARTMENT
Washington

Press Service
No. 15-76

FOR IMMEDIATE RELEASE,
Thursday, December 15, 1938.

Market transactions in Government securities for Treasury investment
accounts in November, 1938, resulted in net purchases o:
Morgenthau announced today.

•
— oOo—

$360,000, Secretary

imports or commodities from the Philippines under quota
PROVISIONS o r PHILIPPINE INDEPENDENCE ACT AND CORDAGE ACT Off 1935

Preliminary Figures, as of December 3, 1938

: May 1 to Deo.
: 3. 1938
l CORDAGE
: {Pounds)

January 1 to December 3. 1938
: REFINED : UNREFINED
SUGAR
: COCONUT OIL ! SUGAR
:
: {Pounds)
t {Pounds) : (Pounds)

f
«

Customs District
TOTAL IMPORTS
Percent of Quota
Chicago
Galveston
Hawaii
Los Angeles
Maryland
Massachusetts
Hew Orleans
New York
Oregon
Philadelphia
Puerto Rico
Rhode Island
San Antonio
San Francisco
Virginia
Washington

386,891,038 109,768,089 1,776,301,984
73.0»
98.0»
99.1»
m
as

84,838
8,883,994
8,595,980
56,190,678
51,665,738
174,318,065
8,843,088
134,398
*
•
84,888,435
•
678,348

•
85,866,508
•
88,083,440
•
•
•

m
m
55,838,141

806,576
199,411,504
65,511,770
838,018,584
733,188,684
154,547
501,487,916
•

37,893,896
•
494,567

1,888,410
80.4»
38,585
8,809
113,995
184,518
10,838
836,895
14,784
18,704
169,888 y'
30,478
5,171
367,565
10,448
84,984

{Prepared by Division of Statistics and Research, Bureau of Customs)

“~*a“Si9tea.

f r u^N
114

m

i » * '
.“
T E W

D

o

c

«as

I

RELKA3E

The Conanissioner of Customs today announced preliminary
figures for imports of commodities coming into the United States
from the Philippine Islands under the quota provisions of the
Hr

Philippine Independence Act, during the period January 1 to
December 3, 1938, and under the Cordage Act of 1933, during the
period May 1 to December 3, 1938, also the percentage that such
imports bear to the totals allowable under the quota provisions,
as follows:

TREASURY DEPARTMENT
Washington
FOR RELEASE, MORNING NEWSPAPERS,
Friday, December 16, 1938.

Press Service
15— 77

The Commissioner of Customs today announced preliminary figures for
imports of commodities coming into the United States from the Philippine
Islands under the quota provisions of the Philippine Independence Act,
during the period January 1 to December 3, 1938, and under the Corda^®
Act of 1935, during the period May 1 to December 3, 1938, also the per­
centage that such imports boar to the totals allowable under the quota
provisions, as follows:

Customs District

TOTAL IMPORTS
Percent of Quota
Chicago
Galveston
Hawai i
Los Angeles
Maryland
Massachusetts
New Orleans
New York
Oregon
Philadelphia
Puerto Rico
Rhode Island
San Antonio
San Prancisco
Virginia
Washington

:
January 1 to December 3, 1938
: '
••
REPINED.' 5 UNRSPIN1D
: COCONUT OIL !
SUGAR :
SUGAR
: (Pounds)
s
•
•
(Pounds): (Pounds)
•
$
326,891,038
73*0$

109,788,089 1,776,301,984 1,222,410
20.4
99.1$
98.0$

m
24,838
8,823,954
2,595,580
56,190,672
51,665,732
174,318,065

-

25,866,508
28,083,440

8,243,022
134,392
—

-

—

24,222,435
672,348

May 1 to Doc.
3, 1938
;CORDAGE
:(Pounds)
:

-

55,838,141

•oOo—

806,576
199,411,504
65,511,770
238,018,584
733,122,624
154,547
501,487,916
37,293,896
494,567

38,525
2,209
113,995
184,518
—
10,832
236,895
14,784
12,704
169,333
30,472
5,171
367,565
10,448
24,954

TREASURY DEPARTMENT
Washington
f o r immediate relea.
se,

Thursday, December 15, 193^

Press Service
Ho.
fg

8

The Treasury received today the sum of $232,935*50 from the
Government of Finland, representing a payment of principal in the amount
of $ 71,000 and the semi-annual payment of interest in the amount of
$ 1 ^2 ,905*00 under the Funding Agreement of May 1, 1923, and $19,030.-50
as the eleventh semi-annual annuity due under the Moratorium Agreement
of May 2 3 , 1932*

This payment represents the entire amount due from

the Government of Finland.
The Treasury also received on December iH, 1 9 3 ^ from the
Government of Hungary, through the Federal Reserve Bank of Hew York,
$9,823.16 in cash, as a payment on account of the funded indebtedness
of the Hungarian Government to the United States.

TREASURY DEPARTMENT
Washington
FOR IMMEDIATE RELEASE,
Thursday, December 15, 1938.

Press Service
^°*
15-78

The Treasury received today the sum of $232,935.50 from the Government
of Finland, representing a payment of principal in the amount of $71,000
and the semi-annual payment of interest in the amount of $142,905^00 under
the Funding Agreement of May 1, 1923, and $19,030.50 as the eleventh semi­
annual annuity due under the Moratorium Agreement of May 23, 1932.

This

payment represents the entire amount due from the Government of Finland.
The Treasury also received on December 14, 1938, from the Government
of Hungary, through the Federal Reserve Bank of New York,

$9,828.16 in cash,

as a payment on account of the funded indebtedness of the Hungarian Government
to the United States.

— oOo—

(se v e n )-—
The U n i t e d
in

W a s h in g to n i s

te le p h o n e
sta tio n e d

States

i n Room

number N a t i o n a l

S e c re t S e rv ic e d i s t r i c t

92, T reasu ry

a q u e s tio n a b le b i l l be

D ep artm en t,

6400, branches

t h e r e w i l l be g l a d t o
re c e iv e d .

o ffic e

3 3 4 and 3 3 5 . Agents

a n sw er c a l l s

a t a n y t im e

should

( s i x ) ----T here a r e t h r e e ty p e s
th e

of

g e n u in e

T reasu ry h i l l s —

U n ited

S ta tes

n o t e , w h ic h h e a r s a

r e d s e a l and

nu m b er; t h e

S ilv e r

C e rtific a te

b lu e

number and t h e F e d e r a l
'

R eserve

w ith a

n o te w ith a
r

red se ria l

s e a l and s e r i a l
g r e e n s e a l and

seriali

n u m b er.

plwuMkl
F o r purposes o f id e n t if y in g th e
on w h ich i t

i s p rin te d

l'
U t& 4«g .

is

a lw a y s

le s s

c o u n t e r f e i t b i l l t h e paper
s u b s t a n t i a l t h a n JUfast....„.real

'

C ru sh t h e s u s p e c t e d b i l l

a d v ise s^ a n d t h e

chances a re i f

w i l l n o t b e so s p r i n g y o r a s
The p o r t r a i t

on a

it

i n you r hand, C h ie f
is a

"c ra c k ly "

real b ill

c o u n te rfe it
as

the

W ils o n
n o te i t

g e n u in e .

s t a n d s o u t s h a r p l y . On th e

jAd*
c o u n te rfe it
fla t*

b ill

The i n t r i c a t e

th e

f a c e and t h e

little

c ro ss-h a tc h in g

C o m p a riso n o f a s u s p e c t e d c o u n t e r f e i t
a c c u r a t e m ethod

background

of d e te rm in a tio n
(m o re) - o -

of lin e s

w ith a le g a l

are

^

dead
(T
»

uo

^

and

smudged.

n o t e i s the mosl

(five)—

Chief

to

watch

$5,

$10

is

to g e t

for

and

$20

as m u c h

"Do not

Wilson

possible,

can be

who

hills.The

change

cautions

such customers

Chief

advises

strangers

Secret Service

by

Wilson

the

r e t u r n the

In

d e s c r i p t i o n o f the

aroused

and

he will

To those

criminals

of

this

objective

"once

over."

The

the bills presented

counterfeit bill

means

a few minutes

call

counterfeiter

for his w o r t h l e s s bill.

to g i v e

be

with

to

the passer,

delay

before

the p o l i c e .

individual.for his

the p a s s e r if

the

chan g e

O b t a i n the best

suspicions may

be

escape.”

who

type

(more)

small purchases

of the

clerk

the m e a n t i m e

possible

store keepers particularly

making

"By diplomatic

i n d i c a t i n g it w i l l

secured.

are

as p o s s i b l e

an extra

warned.

all

assist the

Treasury Department

r e w a r d s w i l l be p a i d .

in

capturinl

( f o u r ) ---

Genuine

paper impregnated

discern

et

notes

with

first

th e p a p er’ s

are printed

tiny

glance,

te n sile

on high-grade distinctive

red

snd blue

these

threads

stren g th

silk

are

and d u r a b i l i t y

fibre.

intended

Difficult toi

to increase I

and

a s a protectl

f e a t u r e * a s some p e o p l e i m a g i n e .
C o u n te rfe ite rs,
crim in a ls,
a rtis ts "

ra re ly
tak e

i n th e busy

e

t

u

sm a ll p u rch a se s in o rd er to
n
"

sto re

t o make p u r c h a s e s n e a r t h e

in n e g l i g e n c e

t a k e i n money

in

w ith o u t

" q u i c k change

hours o f b u s in e s s p a r tic u la r ly

r

ru sh h ou rs,

" F r a y e d n e r v e s of

result

ru sh

s t o r e s , m a k in g

"Y iatch t h e

shop pers

d e l i b e r a t e p ro b a b ly o f a l l

s t a y l o n g i n one p l a c e . T h e s e

a d v a n ta g e o f

re ta il

t h e maximum r

th e m ost

^
C h ie f

m
W ils o n

w arned.

c l e r k s an d t h e d e s i r e

c l o s i n g h o u r s o f b u s i n e s s of t e l

e x a m i n a t i o n o f p a p e r m oney.

e x a m i n a t i o n and

ch a n g e t o c u s t o m e r s . "
(more)

of

u n w ittin g ly

C l e r k s frequej

may

p a ss i t °j

(th re e )--

ffyituA fui£
However, * r c lo s e o b s e rv a tio n ^ it faeo a

|
defects^r

0

In the

blue

CTktu (Ua A

tfl ]$H< f $K
£j&QXMiA[i

^

seal the* we-a^^Septent^ is spelled
A

" S e p te n s .” The l e t t e r

number of

W t W i & A ?3

W
E W p reced in g th e s e r i a l number in the

low er l e f t hand c o rn e r and on th e r i g h t o v er the
l a r g e r th an the

s e a l i s slightly

whereas on th e genuine note t h e / aret^pf tha
A

same

s iz e * The p o in ts o f th e b lu e

s e a l a re b lu rre d and uneven on

th e c o u n t e r f e i t .
S in ce
u n fa m ilia r
c u rre n cy

the

g e n e ra l

Jk#&'
w ith ma-frfei

¿ p th e c h a r e c t e r

and coins^fr, th e c o u n t e r f e i t e r makes

°f
4 ris 1

p u b lic f o r the most p a r t

^ n_ f e r t i l e
we^reg-f* Few

is
and quality on

c a p i t a l of th is lacs

f 1 o1 ^ j ^ * 1 * 11 ""■*11

people know th a t th e U nited S ta te s

n o te s a re p rin te d from s t e e l engraved p l a te s o r i g i n a l l y engraved hy
hand

by the f i n e s t en grav ers in th e w o rld . Tk*j..tu .....................tf^sign

r e p-r ^e e n te a < 'gh%i-n3^rage"™t7TT^

(more)

..

(tvro)---

In

connection wit h

counterfeiters

supervising

country

bodies

Chief

agents

to

of the

of

counterfeits

sent

to

p*»rti mil ar

losses

o o p o o t ’girfeyi -during t h e

l e t t e r to

and

m e r c h a n t s and

of

against

throughout

of n e w s p a p e r s

advise

danger

drive

a circular

agents-in-charge

cooperation

i n an e f f o r t

men

Wilson

end

solicit

the n a t i o n - w i d e

all

the

commercial

other business

f r o m the

acceptance

Christmas

spending

season•
In

thousands

years

past

of d o l l a r s

restaurants,

in losses

hotels

spurious

on

the

and

Christmas

to

others

season has

business men,

b e e n marked

merchants,

t h r o u g h their acceptance

small purchases

and giving

bjj

change

of

i n legal

money.

Particular

emphasis

widespread distribution

certificate

which

deceptive note
have

of

been passed

Norfolk,

is

the

of

is p l a c e d b y

a

described

fake

as

denomination

in N e w York City,
Cleveland,

Chief

W i l s o n on the j

five^=dollar s i l v e r

the

most

dangerous

in existence today.
Chicago,

Toledo,

and

These bill^

Philadelphia, Pittshu^J

R i c h m o n d and Nashvill®»

TREASURY

DEPARTMENT

Washington

Press Service®
N o.

Christmas
period

of the year,

of counterfeit

shopping, bringing the largest

is -litorgllyr^a

"field

day"

spendini

for passers I

notes.
Consequently

Chief

United States Secret Service, today

Frang

J.

issued a

counterfeit bills, which

by

careful

Wilson, of the

general

public, particularly merchants, to be on guard

may be

iS " ! I

scrutiny

warning to tjii

against acceptance oj
even by the inexpert,

detected.
Chief

the holiday

buying

business, crowded
counterfeiters

and

Wilson called attention to the

season, with its
stores

and

fake note

unusual

tired clerks,
passers^, a

to trade worthless greenbacks for merchandise

activity
offers

fact that
of

the

golden opportunity
or

genuine bills*

TREASURY DEPARTMENT
Washington
FOR RELEASE, AFTERNOON NEWSPAPERS,
Saturday, December 17, 1938._____

Press Service
No* 15-79

12/16/38.

Christmas shopping, "bringing the largest spending period of the year,

rvi cel

is usually a ’’field day” for passers of counterfeit notes.
Consequently Chief Frank J. Wilsdn, of the United States Secret Service,

pendirn

today issued a general warning to the public, particularly merchants, to be on
guard against acceptance of counterfeit bills, which by careful scrutiny even

sers I
by the inexpert, may be detected.
Chief Wilson called attention to the fact that the holiday buying
season with its unusual activity of business, crowded stores and tired clerks,

.he

I
offers the counterfeiters and fake note passers a golden opportunity to trade

: to th

worthless greenbacks for merchandise or genuine bills.
In connection with the nation-wide drive against counterfeiters Chief

nee

o
Wilson sent a circular letter to all supervising agents and agents— in— charge

expert!

throughout the country to solicit cooperation of newspapers and commercial
bodies in an effort to advise merchants and other business men of the increased
danger of losses from the acceptance of counterfeits during the Christmas

that

spending season.
In years past the Christmas season has boon marked by thousands of
.

dollars in losses to business men, merchants, restaurants, hotels and others
through their acceptance of spurious notes on small purchases and giving change
in legal money.
Particular emphasis is placed by Chief Wilson on the widespread distri—
button of a fake fiver*dollar silver certificate which is described as the most
dangerous end deceptive note of the denomination in existence today.

These

2
■bills have teen passed in New York City, Chicago, Philadelphia, Pittsburgh,
Norfolk, Cleveland, Toledo, Richmond and Nashville.
However, close observation of this bill reveals a number of defects
easily detectable*

In the blue seal (the Seal of the Treasury) the abbrevi­

ation “Septent.“ is spelled “Septens.“

The letter “E" preceding the serial

number in the lower left hand corner and on the right over the seal is slightly
larger than the digits of the number, whereas on the genuine note the letter
and digits are the same size.

The points of the blue seal are blurred and

uneven on the counterfeit.
Since the general public for the most part is unfamiliar with details
of the character and quality of currency and coins, the counterfeiter makes
capital of this lack of knowledge.

Few people know that the United States

notes are printed from steel engraved plates originally engraved by hand by
the finest engravers in the world.
G-onuine notes are printed on high-grade distinctive paper impregnated
with tiny red and blue silk fibre.

Difficult to discern at first glance, these

threads are intended to increase the paper*s tensile strength and durability
and not as a protective feature, as some people imagine.
Counterfeiters, the most deliberate probably of all criminals, rarely
stay long in one place.

These “quick change artists“ take advantage of rush

hours of business, particularly in the busy retail stores, making small pur­
chases in order to get the maximum return.
“Watch the rush hours , 11 Chief Wilson warned,
“Frayed nerves of store clerks and the desire of shoppers to make
purchases near the closing hours of business often result in negligence in
examination of paper money.

Clerks frequently take in money without examina­

tion and unwittingly may pass it on as change to customers.“

3

Chief Wilson advises all storekeepers particularly to watch for
strangers who are making small purchases with $5, $10, and $20 hills.

The

objective of the counterfeiter is to get as much change as possible for his
worthless hill.

The

Secret Service cautions the clerk to give the hills

presented by such customers an extra !,once over . 11
,TDo not return the counterfeit hill to the passers”,Chief Wilson
warned,

”By diplomatic means delay the passer if possible, indicating it will

be a few minutes before the change can he secured.
police.

In the meantime call the

Obtain the best possible description of the individual, for his

suspicions may be aroused and he will escape,”
To those who assist the Treasury Department in capturing criminals
of this type rewards will be paid.
There are three types of genuine Treasury bills —
note, which bears a red seal and rod serial number;

the United States

the Silver Certificate,

with a blue seal and serial number, and the Federal Reserve note, with a green
seal and serial number.
For purposes of identifying the counterfeit bill it should be remember­
ed that the paper on which it is printed is nearly always less substantial than
that used for genuine currency.

Crush the suspected bill in your hand, Chief

Wilson advises, and the chances are if it is a counterfeit note it will not be
so springy or as ”cracklyn as' the genuine.
The portrait on a real bill stands out sharply.

On the counterfeit

bill the fe,ce and the background are likely to be dead and flat.
little cross-hatching of lines is smudged.

The intricate

Comparison of a suspected counter­

feit with a legal note is the most accurate method of determination*
The United States Secret Service district office in Washington is in
Room 92, Treasury Department, telephone number National 6400, branches 334 and
335,

Agents stationed there will be glad to answer calls at any time should a

questionable bill be received.
„-oOO'— r

-

2

-

tests as a routine part of the physical examination.
Students selectively tested in all schools, large and small, represented!
not more than 1 5 percent of the total student enrollment of the schools,
while routine tests were made on virtually all of the enrollment group (freshalnj
under consideration.

Since the rate per 1000 tests by both selective and

routine methods was found to be practically identical, the number of positive!
tests is therefore governed by the number of tests given.

The number of

cases found in a given student population, then, is in direct relation to
the number of students tested regardless of methods of selecting.
Because failure to detect the often hidden clinical manifestations of
syphilis is so frequent and because many infected persons do not know that
they have syphilis and therefore do not request examinations, testing by
selective method results in many actual cases of the disease among college
students remaining undetected.

The report stresses the need for routine

blood testing.
Two-thirds of the college officials approached believed some method of
testing is desirable.

A fair proportion of the officials, as indicated by

their replies, are still of the opinion that syphilis is bounded by class or j
racial lines, and hence think that blood testing is unnecessary in colleges. 1
Perhaps the noteworthy fact found by this survey is its indication that
the majority of college administration officials, however, are fast beginning I
to realize the necessity for fighting syphilis on every front —
the college campus.

including

In many instances, this realization, according to the

report, nseems almost intuitive.”
"A case of syphilis found is of great importance for what it is, no
matter where it may be discovered.

One case of syphilis spreads to others,

finally becoming the focal point of a small epidemic.

Early diagnosis and

TREASURY DEPARTMENT
U. S. Public Health Service
Washington,D•G •

t

FOR RELEASE
December 21, 1938
Blood tests of 70,388 undergraduates in more than 500 American colleges
indicate that 2 out of every 1000 students examined are infected with syphilis,
according to a report issued today by the American Social Hygiene Association.
This rate is practically the same as that of non-college young people of the
same age*

These findings are incorporated in a study prepared by staff members

of the|?pg) Public Health Service for the monthly Journal of the American
Social Hygiene Association.
The rate of infection for the general population in the age group 15-19
years, based on estimates of the Public Health Service issued in November 1933,
is about 1.3 per 1000.

The apparently higher college rate results from the

inclusion of an unknown number of students in higher age groups lup to S3SÄ*

•

/
24 J in the present survey.

Other findings of the recent survey show an indicated difference of about
1 5 percent less syphilis among college women than among men, a difference, it

may be noted, paralleling nationwide prevalence rates by sexes.

There is also

a slightly lower rate among college women than among women of the same age
group at large.

Little difference is shown, however, between one region in

the United States and another for either sex, or between the rates for schools
with large as compared to small student bodies.
Blood tests in colleges,when given at all, are usually given to enter­
ing students —

mostly freshmen —

so that the great majority of those

tested were in the age group between 15 and 19*

Out of the 515 institu­

tions participating in this survey 219, or over 4-0 percent, already have
facilities for testing students.

Of those giving tests, 89 percent gave tests

on a selective basis, while 11 percent —

actually only 23 schools

gave

TREASURY DEPARTMENT
U.S. Public Health Service
Washington
FOR RELEASE, AFTERNOON NEWSPAPERS,
Wednesday, December 31, 1938»
12/19/38.

Press Service
No* 15-80

Blood tests of 78,388 undergraduates in more than 500 American, colleges
indicate that 2 out of every 1 , 0 0 0

students examined are infected with syphilis,

according to a report issued today by the American Social Hygiene Association*
This rate is practically the same as that of non-college young people of the same
age.

These findings are incorporated in a study prepared by staff members of the

United States Public Health Service for the monthly Journal of the American Social
Hygiene Association.
The rate of infection for the general population in the age group 15— 19
years, based on estimates of the Public Health Service issued in November, 1938,
is about 1.8 per 1,000.

The apparently higher college rate results from the in­

clusion of an unknown number of students in higher age groups up to 24 3n
present survey.
Other findings of the recent survey show an indicated difference of about
15 percent less syphilis among college women than among men, a difference, it may
be noted, paralleling nationwide prevalence rates by sexes.

There is also, a

slightly lower rate among college women than among women of the same age group at
large.

Little difference is shown, however, between one region in the United

States and another for either sex, or between the rates for schools with large
as compared to small student bodies.
Blood tests in colleges, when given at all, are usually given to enter
ing students ~~ mostly freshmen —
fh the age group between 15 and 19.

so that the great majority of those tested were
Out of the 515 institutions participating in

this survey 219, or over 40 percent, already have facilities for testing students.
Of those giving tests, 89 percent gave tests on a selective basis, while 1 1 per­
cent

actually only 23 schools —

examination.

gave tests as a routine part of the physical

2
Students selectively tested in all schools, large and small, represented
not more than 15 percent of the total student enrollment of the schools, while
routine tests were made on virtually all of the enrollment group (freshmen) under
consideration.

Since the rate per 1,000 tests hy both selective and routine

methods was found to be practically identical, the number of positive tests is
therefore governed by the number of tests given.

The number of cases found in a

given student population, then, is in direct relation to the number of students
tested regardless of methods of selecting.
Because failure to detect the often hidden clinical manifestations of
syphilis is so frequent and because many infected persons do not know that they
have syphilis and therefore do not request examinations, testing by selective
method results in many actual cases of the disease among college students remain­
ing undetected.

The report stresses the need for routine blood testing.

Two-thirds of the college officials approached believed some method of
testing is desirable.

A fair proportion of the officials, as indicated by their

replies, are still of the opinion that syphilis is bounded by class or racial
lines, and hence think that blood testing is unnecessary in colleges.
Perl^aps the noteworthy fact found by this survey is its indication that
the majority of college administration officials, however, are fast beginning to
realize the necessity for fighting syphilis on every front —
campus.

including the colle

In many instances, this realization, according to the report, ,fseems

almost intuitive. n
"A case of syphilis found is of great importance for what it is, no matter
where it may be discovered.

One case of syphilis spreads to others, finally be­

coming the focal point of a small epidemic.

Early diagnosis and treatment is

protection not only to the individual, but to the community.

Public health

-

3

-

authorities agree that control efforts, to he effective, must begin with indi­
viduals in the age— group of first exposure.
section of this group.

College students form an important

Control in this age-group offers real —

hope that the general rate can he materially reduced.

e0O‘

perhaps the only*

W l B i H f DIPARmST

Washington
MOWING H SO TaFSR S,

FOR

B r a s s S e rv ice

Tuesday, December 20, 1938.
12/19/58
The Secretary of the Treasury announced last evening that the
tenders for $100,000,000, or thereabouts, of 91-day treasury bills, to be
dated December ®1, 1933, and to mature Mareh 22, 1939, which were offered
on December 16, were opened at the Federal Reserve banks on December 19«
The details of this issue are as follows!
Total applied for
Total accepted

- $497,667,000
• 100,631,000

Range of accepted bids:
Sigh

Low
AMMgs prle.

- 100«

- 99.993 Squivaleat rate approximately 0.008 percent!
- »9.9»
•
*
*
0.00«

(1? parent of tha amount bid for at Hie low price was aeoeptod)

TREASURY DEPARTMENT
Washington

FOR RELEASE, MORNING- NEWSPAPERS,
Tuesday« December 20. 1938«_____
12-19-38

Press Service
No. 15-81

The Secretary of the Treasury announced last evening that the tenders
for $100,000,000, or thereabouts, of 91-day Treasury bills, to be dated
December 21, 1938, and to mature March 22, 1939, which were offered on December
16, were opened at the Federal Reserve banks on December 19*
The details of this issue are as follows?
Total applied for
Total accepted

- $497,667,000
- 100,631,000

Range of accepted bids;
High
Low
Average price

- 100.
- 99.998 Equivalent rate approximately 0.008 percent
—
99.999
n
n
n0.006

(17 percent of the amount bid for at the low price was accepted)

~~o0 o—

Secretary

Morfeenthau a n n o u n c e d t o d a y t h a t t h e a r r a n g e m e n t

a n n o u n c ed J u l y 9 , 1 9 3 7 , u n d e r w h ic h t h e C e n t r a l Bank o f
C h i n a h a s b e e n e n a b l e d , u n d e r c o n d i t i o n s w h ic h s a f e g u a r d the
i n t e r e s t s o f both c o u n t r i e s , to o b ta in d o l l a r exchange
f o r s t a b i l i z a t i o n purposes has been extended f o r a fu r th e r
p e r i o d b ey o nd Dece mber 3 1 , 1 9 3 8 .

mam

TREASURY DEPARTMENT
Wa shington

Press Service
No. 1 5 - 8 2

FOR I M M E D I A T E R E L E A S E ,
Monder, D e c e m b e r 19, 1 9 3 8 .

Secretary Morgenthau
announced J u l y
has b e e n
of b o t h

announced

today

9,

1937,

under which

enabled,

under

conditions which

countries,

to

obtain, d o l l a r

purposes ha.s b e e n e x t e n d e d

for

--o0o~

the

the-Central

arrangement

Bank

safeguard

exchange

a further

1938.

that

for

of China

the

interests

stabilization

period beyond December

31,

-

u -

Keep the bare hands out of a wild rabbit.

The bacillus of

tularemia does not require a wound for its entry, but can go through the
healthy skin.

Sometimes infection is contracted by rubbing the eyes with

soiled fingers.
Rubber gloves afford reasonable protection to those who must
dress wild rabbits and other animals, but sharp fragments of rabbit bone
can easily pierce a rubber glove and puncture the hand.

Employ immune

persons when contact with infected material is necessary.
Thorough cooking of all wild game, especially rabbits, is
essential.

Infected meat is rendered harmless for food by thorough

cooking; but if any red juice is allowed to remain about the bones, the
germs will remain alive and virulent^
The liberal use of soap and water and disinfection of the hands
are recommended to remove rabbit blood from the hands, or even when the
hands have come in contact with the rabbit’s fur.

* *

- 3 One who has recovered from an attack of tularemia need not fear
a second attack, because he is then immune to the disease.

There is no

record of a second attack in man.

There is only one record of the transfel

of the infection from man to man.

Doctors, nurses, and attendants caring

for the sick have not contracted the disease.
Tularemia has no seasonal prevalence except as it is influenced
by insects or by contacts with infected animals.
may occur at any time.

Laboratory infections

Human cases are most prevalent in summer time in

the western states where ticks and deer flies are the cause of infectiong!
Mar rh t

k)

.

Human cases, due to infection

from dissecting jack rabbits, are likewise most prevalent during April
to October, because these are the months of greatest destruction of these
pests.

East of the Mississippi, cottontail rabbits are responsible for

most human cases, and since they are generally protected by law except
during a few winter months, the seasonal prevalence is apt to be November
to January, when the hunting season is on.
Rabbits raised under domestic conditions, au in hlfOTilKL iw
rahba^MQfi, and sold for food or for pets, have never been found naturallyj
infected.

They are just as susceptible to artificial inoculation in the

laboratory , however, as are the wild rabbits.
The prevention of tularemia is almost entirely a matter of
personal precaution.

No curative or preventive serum has been perfected»

Sick or dead wild animals which are found should not be handled ;

forget

%
about the rabit which you can stalk on foot and knock over with a stick*
Any carcasses in which peculiar whitish spots are found on both liver and
spleen should be discarded and buried or burned.

Russia, Norway, Canada, Sweden, and Austria*
An acute infectious disease caused by the Bacterium tularense
(after Tulare county, California, where first found), it occurs under
natural conditions in over twenty kinds of wildlife, with cottontail,
snowshoe, and jack rabbits the chief reservoirs and direct causes of over
90 percent of the human cases in this country.

Man becomes infected by

contact of his bare hands with the raw flesh and blood of these animals,
or by bites of blood— sucking ticks and flies which have previously fed
on infected animals.
Hunters, market men, cooks, and housewives become infected when
skinning or dressing wild rabbits.

Their bare hands may become covered

with blood when they pull out the livers and spleens*

If by chance there

is an open sore or cut on the hands, the infection may enter the wound on
the hand and cause the disease.

When a rabbit is shot, its bones often

become shattered into sharp fragments.

If, in dressing an infected rabbit]

one of these fragments of bone pierces the skin of the hands, the infectioi
may enter at that point.
About three days after exposure to such a wound infection, illness
begins with headache, chilliness, vomiting, aching pains, and fever.
patient may think that he has influenza and go to bed.
hand, or elsewhere, develops into an ulcer.

The I

The sore on the

The glands at the elbow or

in the armpit become enlarged, tender, and painful, and later may develop
into an abscess.

There is sweating, loss of weight, and debility.

The

illness lasts ordinarily about three weeks, and is followed by a slow
convalescence which may extend two or three months.

Most patients re­

cover without any bad after effects, but about 5 'percent die, especially

i
if the case is complicated by pneumonia.

('
Treasury Department
U. S. Public Health Service
Washington

/T— %i>

Î4î,l<|M

With reports«<5# the two months of greatest prevalence, ( S 3 a n %

\JflX

j

(y

o\

I

fc>!3

-gt-Pli In firing, the .total numbog-of rofforded-cases of tular- I
emiaAto date in 1933fj© 653.

This figure does not include

occurring in Illinois, Ohio, Virginia, and Kentucky

cases

where, for the past

twelve years, the highest incidence has been reported.
”While tularemia does not represent a major health problem”,
says Dr. A. M. Stimson, Medical Director, U. S. Public Health Service,
Nevertheless, the fact that so much
hi mUi i

, luriUiri"i,nf'rr nf

distress and mortality
^ « I jk

^There had been 8000 cases with 396 deaths reported up to 193$ J

^

^

M

could

have been avoided by reasonable precautions, renders the subject more . . .^ 1
interesting than the numbers imply.” J\
It would seem, according to Dr. Stimson, that sufficient warning I
had been given by the Service and other public health agencies, ”so that
the average citizen might be informed of the dangers offered by wild
rabbits and some other animals.
”Yet cases of tularemia continue to occur in progressively great«
numbers each year in which, apparently, no precautions have been taken. Thi*
is an excellent illustration of the cultural lag which occurs between the
acquisition of valuable knowledge by scientists and its practical applies- I
tion by populations.”
Discovered in 1910, named in 1920, and elucidated from beginning!
to end by Public Health Service investigators, human cases of tularemia
have been recognized everywhere in this country except Connecticut and
Vermont.

In the decade after 1925, it was variously reported in Japan,

TREASURY

DEPARTM ENT

u. S. P U B L IC H EALTH S E R V IC E

MEMORANDUM
date

FROM:
TO:

December 16, 1938

Ernest E. Bryan
Mr. Schwarz
Attached is a proposed release on tularemia.

ERBjAEM

Ernest R. Bryan,
O ffic e o f H ealth E d u catio n

TREASURY DEPARTMENT
U.S. Public Health Service
Washington
FOR RELEASE, MORNING NEWSPAPERS,
Friday, December 25, 1938.
12/20/38.

Press Service
No. 15-83

With reports for November and December, the two months of greatest
prevalence, not yet available, a total of 613 cases of tularemia has been
recorded to date in 1938.

This figure

does not include cases occurring in

Illinois, Ohio, Virginia, and Kentucky, where, for the past twelve years,
the highest incidence has been reported.
•'While tularemia does not represent a major health problem", says
Dr. A. M. Stimson, Medical Director, United States Public Health Service,
"nevertheless, the fact that so much distress and mortality could have been
avoided by reasonable precautions, renders the subject more interesting than
the numbers imply.

There had been 8,000 cases with 396 deaths reported up to

1938."
It would seem, according to Dr. Stimson, that sufficient warning had
been given by the Service and other public health agencies, "so that the
average citizen might bo informed of the dangers offered by wild rabbits and
some other animals.
"Yet cases of tularemia continue to occur in progressively greater
numbers each year in which, apparently no precautions have been taken.

This

is an excellent illustration of the cultural lag which occurs between the
acquisition of valuable knowledge by scientists and its practical application
by populations."
Discovered in 1910, named in 1920, and elucidated from beginning to end
by Public Health Service investigators, human cases of tularemia have been

2
recognized everywhere in this country except Connecticut and Vermont«

In the

decade after 1925* it was variously reported in japan, Russia, Norway, Sweden,
and Austria«
An acute infectious disease caused hy the Bacterium tularense (after
Tulare county, California, where first found), it occurs under natural condi­
tions in over twenty kinds of wildlife, with cottontail, snowshoe, and jack
rabbits the chief reservoirs and direct causes of over 90 percent of the human
cases in this country.

Man becomes infected by contact of his bare hands with

the raw flesh and blood of these animals, or by bites of blood-sucking ticks
and flies which have previously fed on infected animals«
Hunters, market men, cooks, and housewives become infected when skinning
or dressing wild rabbits.

Their bare hands may become covered with blood when

they pull out the livers and spleens.

If by chance there is an open sore or

cut on the hands, the infection may enter the wound on the hand and cause the
disease.

When a rabbit is shot, its bones often become shattered into sharp

fragments«

If, in dressing an infected rabbit, one of these fragments of bone

pierces the skin of the hands, the infection may enter at that point«
About three days after exposure to such a wound infection, illness
begins with headache, chilliness, vomiting, aching pains, and fever.
patient may think that he has influenza and go to bed..
or elsewhere, develops into an ulcer«

The

The sore on the hand,

The glands at the elbow or in the arm-

i

pit become enlarged, tender, and painful, and later may develop into an abscess*
There is sweating, loss of weight, and debility.

The illness lasts ordinarily

about three weeks, and is followed by a slow convalescence which may extend
two or throe months«

Most patients recover without any bad after effects,

but'about 5 percent die, especially if the case is complicated by pneumonia.

-

3

One who has recovered from an attack of tularemia need not fear a
second attack, "because he is then immune to the disease.

There is no record

of a second attack in man.

There is only one record of the transfer of the

infection from man to man.

Doctors, nurses and attendants caring for the

sick have not contracted the disease*
Tularemia has no seasonal prevalence except as it is influenced "by
insects or by contacts with infected animals.
occur at any time.

Laboratory infections may

Human cases are most prevalent in summer time in the

western states where ticks and deer flies arc the cause of infection.

Human

cases, due to infection from dissecting jack rabbits, are likewise most preva­
lent during April to October, because these are the months of greatest de­
struction of these pests.

East of the Mississippi, cottontail rabbits are

responsible for most human cases, and since they are generally protected by
law except during a few winter months, the seasonal prevalence is apt to be
November to January, when the hunting season is on.
Rabbits raised under domestic conditions and sold for food or for
pets, have never been found naturally infected.

They are just as susceptible

to artificial inoculation in the laboratory, however, as are the wild rabbits.
The prevention of tularemia is almost entirely a matter of personal
precaution.

Ho curative or preventive serum has been perfected.

dead wild animals which are found should not be handled;

Sick or

forget about the

rabbit which you can stalk on foot and knock over with a stick*

Any carcasses

in which peculiar whitish spots are found on both liver and spleen should be
discarded and buried or burned.
Keep the bare hands out of a wild rabbit.

The bacillus of tularemia

does not require a wound for its entry, but can go through the healthy skin.

-

4

Sometimes infection is contracted by rubbing the eyes with soiled fingers#
Rubber gloves afford reasonable protection to those who must dross
wild rabbits and other animals, but sharp fragments of rabbit bone can
easily pierce a rubber glove and puncture the hand.

Employ immune persons

when contact with infected material is necessary.
Thorough cooking of all wild game, especially rabbits, is essential*
Infected neat is rendered harmless for food by thorough cooking, but if any
red juice is allowed to remain about the bones, the germs will remain alive
and virulent#
The liberal use of soap and water and disinfection of the hands are
recommended to remove rabbit blood from the hands, or even when the hands
have come in contact with the rabbit’s fur#

— 0O0-

Washlngton
m m

w m m n , Moarara o t w a p s b s ,

p ress s « m e i

Saturday, December 24, 198®.

w iw—

Win

n« w f i » i ! i m < i umwmmmmmmmm*

18/23/36

The Secretary of tfc® Treasury & renounced last evening that the

tenders for #100,000,000, or thereabouts, of 91~day Treasury hills, to be
dated December 28, 1938, and to mature Marsh if* 1939, ifeloh were offered
on December El, were opened at the federal Beaerve banks on December 23*
the details of this issue are as follows *
Total applied for * #507,429,000
Total accepted
101,032,000
Except for #100*000 tendered at a price slightly above par, the
bids accepted were tendered at par* Of the tenders at this price, 73 per*
cent were accepted*

TREASURY DEPARTMENT
Washington
Press Service
No. 15— 84

FOR RELEASE, MORNING NEWSPAPERS,
Saturday, December 34, 1938,
12/23/38“

The Secretary of the Treasury announced last evening that the tenders
for $100,000,000, or thereabouts, of 91-day Treasury bills, to be dated
December 28, 1938, and to mature March 29, 1939, which were.offered, on Deccnbc
21, were opened at the Federal Reserve-banks on December 23#
The details of this issue are as follows:
Total applied for
Total accepted

- $507,427,000
- 101,032,000

Except for $100,000 tendered at a price slightly above par, the bids
accepted were tendered at par.

Of the tenders at this price, 78 percent were

accepted.

oOO'

Ill

"preventive medicine is far more satisfactory to the patient, to the
physician, and to the community than curative medicine*

It is less

spectacular but in the long run it is cheaper*"
In advocating a closer connection between health education and
general education at all levels, including schools, colleges, universities, and classes of mass adult education, the ^ S S S S f e Public Health
Service official declared!^ "You cannot separate health education from
the general business of living.

Hence, the duties of the public health

physician and the school teachers are merging
"Extension of medical care does not necessarily mean political
domination•

It should simply mean good organization, and I do not be­

lieve good organization means regimentation and the killing of initia­
tive.

It should on the coi trary, release initiative, for good organi-

zation is synonymous with team work and esprit de corps, and a trust in
what John Dewey has called 'cooperative intelligence.^

An enlightened

public is demanding a high type of medical care which can be provided
only by group practice and the establishment of health c e n t e r s . ^
"The day of individualistic competitive medical methods is
rapidly passing.

Many diseases formerly taken care of by the individual

physician have now become major public health problems.

Mental diseases,

tuberculosis, syphilis, pneumonia, and cancer are included in this group.'
simea'
12-;

ch

Treasury Department
Ü. S. Public Health Service
Washington

For Releases
Afternoon

Lath

Wider application of the methods of science in disease control,
greater emphasis on health education, and extension of group activity,
both in the practice of medicine and in medical research, were predicted
today by Dr* R* R. Spencer, Executive Assistant of the National Cancer^,
LlAA
| A :S.
a an address^lT^Qie64^*
third ..¿Annual Convention'lSf“*^^

5t u d e n t s

»¿mm

”We are going to see the methods of science applied to the prob­
lems of society and the physician will have an important part in solving
it
Jf
these problems jrDr* Spencer declared* M e d i c i n e is a social science*
It deals with people and their behavior, as well as the behavior of our
heart, stomach, thyroid, liver, or kidneys*

If science can deal effec­

tively with the misbehavior of our organs, it should be able to deal
affectively also with the misbehavior of the organism as a whole*”
In commenting upon his predicted expansion of health education,
Dr* Spencer «Hhs&Kf that preventive medicine will some day be the heart
and soul of medical practice and the heart and soul of preventive medi­
cine is health education*”

He pointed out that even today every medical

society has a speakers bureau and a public relations committee, and com­
mended health education efforts in behalf of preventive medicine because

TREASURY

DEPARTM ENT

U. S. P U B L IC H EALTH S E R V IC E

MEMORANDUM
DATE

from :

Ernest R. Bryan

to :

Mr. Schwarz

December 23 9 1938

Attached is a proposed release on Doctor Spencer*s address
before the Third Annual Convention of American Medical Students in
Philadelphia on December 28th.

ERBïAEM

O * JT^

■

Ernest R* Bry011*
Office of Health Education

TREASURY DEPARTMENT
U. S. Public Health Service
Washington
FOR RELEASE, AFTERNOON NEWSPAPERS,
Wednesday, December 28, 1938.
12/27/38.

Press Service
No. 15-8®

Wider application of the methods of science in disease control,
greater emphasis on health education, and extension of group activity,
both in the practice of medicine and in medical research, were predicted
today by Dr. R. R. Spencer, Executive Assistant of the National Cancer
Institute, United States Public Health Service, in an address in Phila­
delphia before the third annual convention of the Association of Medical
Students.
»»We are going to see the methods of science applied to the problems
of society and the physician will have an important part in solving these
problems,” Dr. Spencer declared.

’’Medicine is a social science.

It deals

with people and their behavior, as well as the behavior of our heart, stomach,
thyroid, liver, or kidneys.

If science can deal effectively with the mis­

behavior of our organs, it should be able to deal effectively also with the
misbehavior of the organism as a whole.”
In commenting upon his predicted expansion of health education, Dr.
Spencer said that ’’preventive medicine will some day be the heart and soul
of medical practice and the heart and soul of preventive medicine is health
education.”

Ho pointed out that even today every medical society has a

speakers bureau and a public relations committee, and commended health edu­
cation efforts in behalf of preventive medicine because ’’preventive medicine
is far more satisfactory to the patient, to the physician, and to the community
than curative medicine.
cheaper.”

It is less spectacular but in the long run it is

2

In advocating a closer connection between health education and general
education at all levels, including schools, colleges, universities, and classes
of mass adult education, the Public Health Service official declared:

"You

cannot separate health education from the general business of living.

Hence,

the duties of the public health physician and the school teachers are merging.
“Extension of medical care docs not necessarily mean political domina­
tion.

It should simply mean good organization, m d

I do not believe good

organization means regimentation and the killing of initiative!

It should,

on the contrary, release i.nitie.tive, for good organization is synonymous with
team work and esprit de corps, and a trust in whe,t John Dewey has called
‘cooperative intelligence.1

An enlightened public is demanding a high type

of medical care which can be providod only by group practice and the estab­
lishment of health centers.
“The day of individualistic competitive medical methods is rapidly
passing.

Many disee.ses formerly taken care of by tho individual physician

have no?/ become major public health problems.

Mental diseases, tuberculosis,

syphilis, pneumonia, and cancer are included in this group.“

•oOo—

-

2

-

Mr. Simon is a graduate in Architecture of the Massachusetts Institute of]
Technology, and received the distinguished honor of advancement to Fellowship I
in the American Institute of Architects at the annual convention of that body ft

Organization Committee, having been appointed by the State Department, is

K
now perfecting plans for the International Congress of Architects to be held

in Washington in September, 1939*
CU*. Ga.cXvcZOjcZt
Cjgj
Mr, BartonAof New Y o r k T w h o takes over his new duties January first, has
A
^
been with the Treasury Department for four and a half years as an assistant to]
the Secretary, assigned to the Public Buildings Branch, Procurement Division. ;
.Tty h^aesdpes in

"gggpjfcy .

Mr*

adobessor, but all who are
acq^inteTfwith his splendid^j^uallties as a h i g h l ^ i S M ® # 1'»miii^^ct, an

adiinistmtoj^.,,ai«i^a^gentleman, have no question that the high traditional^
t h b % m w r ~ wiii be maintairieci'."'
Mr. Barton’s preparatory schooling was in New York City, and his archi­
tectural training in the Atelier Prevot, supplemented by foreign study and
travel.

He was associated for many years^with Aymar Embury II in the prac­

tice of architecture in New York City.

H

«¿»fl■"»yiwgtrT5ctural,

civic and g e n i a l affairs and his e x p e r i ^ n W in the Procurement Division
iuipp^^k'^nim to aiscnange un^-i«aSy responsibilities of organization»]
.......... H i s new posn

r

n will impose upon

hi
"rilHlB!lLii Dai LUi 'is a member of the American Institute of Architects and The
Architectural League of New York; holds the rank of Lieutenant Colonel in the
Officers Reserve Corps and i s a graduate of the U. S. Army Command and Staff
School.

m

Retirement of Louis A. Simon, Supervising Architect of the Public
Buildings

Branch, Treasury Department, was •.announced

by Secretary Morgenthau.

He will be succeeded by LeRoy Barton who has

been named Acting Supervising Architect, effective January 1, 1938.

Mr.

Simon will continue as an advisor and consultant to Mr. Barton until
June 1, 1939.
Mr. Simon is retiring because of statutory provisions after forty-two
years of service with the office of the Supervising Architect, during which
time his advancement in the organization had been without interruption
the organization of the Procurement Division in 1933*^*flg? he became Super­
vising Architect.
During this span of years Mr. Simon’s great interest has been in the
development of an expressive Federal architecture; the observance of high
standards in architectural design and construction; and a closer cooperation
with other Agencies of the Government having to do with the construction of
Federal Buildings.
Not. only is M r ._ Simc^ ^held_.i^n„jthe_,.hl,Jiih^slu..g^,t.g_eiu,j.bY^-:
^ll_ji]X£m.lAars of tne

great organization he has headed, but he has also enkeared himself to archi­
tects in private p\j^ctice and others with whom he has/Apme in contact in the
performance of h^sr dd^ies who have recognized his |freat ability and felt the
w a r ® ! of his-

larm.
represented the Treasury Department in the development of the

UG W
}
Triangle Group of buildings
.Idings.* as well as
a.! the Grand Plaza in thr irifh0^
“A
and the imprint of his influence is evident in many of the most important
Federal buildings aero ss--the^ leirHth-uanti- hreadth-of the United States.

TREASURY DEPARTMENT
Washington
FOR RELEASE, AFTERNOON NEWSPAPERS,
Friday, December 30, 1938._______
12/29/38.

Press Service
15-86

Retirement of Louis A. Simon, Supervising Architect of the Public
Buildings Branch, Treasury Department, was announced today by Secretary
Morgenthau.

He will be succeeded by LeRoy Barton, who has been named Acting

Supervising Architect, effective January 1,
as an adviser and consultant to

1939.

Mr. Simon will continue

Mr. Barton until June 1, 1939.

Mr. Simon is retiring because of statutory provisions after forty-two
years of service with the office of the Supervising Architect, during which
time his advancement in the organization had been without interruption. Upon
the organization of the Procurement Division in 1933 he became Supervising
Architect.
During this span of years Mr. Simon*s great interest has been in the
development of an expressive Federal architecture;

the observance of high

standardsin architectural design and construction;

and a closer cooperation

with other agencies of the Government having to do with the construction of
Federal Buildings.
He represented the Treasury Department in the development of the
Triangle Group of buildings in Washington, as well as the Grand Plaza-

and

the imprint of his influence is evident in many of the most important Federal
buildings throughout the United States.
Mr. Simon is a graduate in Architecture of the Massachusetts Institut
of Technology, and received the distinguished honor of advancement to Fellow­
ship in the American Institute of Architects at the annual convention of that
body in Boston, in June of 1937.

As a member of the Organization Committee,

m. 2 —
having "been appointed "by the State Department, he is now perfecting plans
for the International Congress of Architects to he held in Washington in
September,.1939*
Mr» Barton, an architect of New York City, who takes over his new
duties January first, has been with the Treasury Department for four and a
half years as an assistant to the Secretary, assigned to tne Public Buildings
Branch, Procurement Division,
Mr, Barton*s preparatory schooling was in New York City, and his
architectural training in the Atelier Prevot,
and travel*

supplemented by foreign study

He was associated for many years with Aymar Embury II in the

practice of architecture in New York City,

He is a member of the American

Institute of Architects and The Architectural league of New York? holds the
rank of Lieutenant Colonel in the Officers Reserve Corps and is a graduate
of the U, S. Army Command and Staff School,

-~oOo~~

-

2

-

»rickettsia», or bacterium-like forms.
The fourth paper of the series, by Dr.

'Dyer,

reports the actual

case of »X», a member of the staff of the National Institute of Health,
who contracted the new disease in May of this year, while observing the
research on the virus in the laboratory at Hamilton, Montana.

The period

of incubation is described as about ten days, with gradual onset.

Mild

fever set in the third day, lasting about a week, accompanied by chills and
recurrent sweating.
days.

Finger joints were recorded as »’tender» for about three

The patient returned to normal in approximately one month.
Virus recovered from »X», injected into guinea pigs, gave them

a similar infection, and his serum produced definite protection against
further inoculation.

Other tests indicated the possibility of the new

infection being similar in many respects to the newly described Australian
disease.
»The possibility that this infecting agent and the one which

causes

fever are closely related, as the 1one-way» cross-immunity tests indicate^
icayfli Dr.~~Bye¥% »should not be overlooked.

That the two diseases may not be I

identical is indicated by our failure to infect monkeys, while the
workers report them as susceptible to

fever.

Australian

Epidemiologically, this

latter disease has been found in Australia, particularly among workers in
abattoirs and among dairy farmers.

Such an epidemiological picture is not

at variance with the picture of a »tick-borne) infection, since it suggests
a reservoir in animals and the existence of the infection in their arthropod
parasites.”

*

It*

Treasury Department
TJ. S. Public Health Service
Washington, D. C.
r - 0
FOR RELEASE

As yet unnamed, a new disease of mankind caused by a recently
recognized virus may soon be added to the long list alreadySiB^sa*J*W^The
infection is found in nature in the Rocky Mountain wood tick, a species
native to Montana.
The identity of this infectious agent with the little known nQM
fever of Australia is suggested by Dr. R. E. Dyer, Senior Surgeon,
Public Health Service, in one of the series of studies on the new virus
appearing

Public Health Reports (December 30, 1938).
In 1926, a filter-passing agent was recovered from a species

of tick near Missoula, Montana^ by Noguchi; again, nine years later, a virus^
possibly the same as Noguchi*s, was again recovered from approximately the
same locality.

This time, Doctors Gordon E. Davis and Herald R. Cox,

Bacteriologists o ^ " ^ H ^ S e r ^ ^ e ^ b e g a n experiments with the unknown strain
which eventually resulted in the present reports.
Their research indicates that the new infection, which they suc­
ceeded in transferring to guinea pigs, is characterized particularly by
high and continuous fever and an enlarged, smooth spleen.

Later work by

Dr. R. R. Parker^ at the Rocky Mountain Laboratory ^ f i f e i h e d foy^the

l

proved that the agent of infection could be passed to guinea I
pigs by both progeny of infected females and immature and adult ticks which
had fed, as larvae, on infected blood.
Dr. Cox (in paper III of the series), working further with the
recovered strain, found numerous minute protean organisms which resemble

/

TREASURY

DEPARTM ENT

U. S. P U B L IC H EALTH S E R V IC E

MEMORANDUM
date

from :

Ernest R. Bryan

to :

Mr, Schwarz

December

23, 1933

Attached is a proposed release on a new,unnamed disease
caused by a recently recognized virus, for release December 30th,

ERBrAEM

Ernest R, Bryan,
Office of Health Education

TREASURY DEPARTMENT
U. S. Public Health Service
Washington
FOR RELEASE, MORNING NEWSPAPERS,
Friday« December 30, 1933,______

,

Press Service
No, 15-37

12/29/33.

As yet ‘
unnamed, a new disease of mankind caused by a recently recog­
nized virus may soon be added to the long list already known*

The infection

is found in nature in the Rocky Mountain wood tick, a species native to
Montana,
The identity of this infectious agent with the little known ’’Q" fever
of Australia is suggested by Dr, R. E. Dyer, Senior Surgeon, United States
Public Health Service, in one of the series of studies on the new virus ap­
pearing in Public Health Reports (December 30 > 1933),
In 1926, a filter-passing agent was recovered from a species of tick
near Missoula, Montana, by Noguchi ;

again, nine years later, a virus, possibly

the same as Noguchi’s, was again recovered from approximately the same locality.
This time, Doctors Gordon

E. Davis and Herald R. Cox, Bacteriologists of the

Public Health Service, began experiments with the unknown strain which even­
tually resulted in the present reports.
Their research indicates that the new infection, which they succeeded
in transferring to guinea pigs, is characterized particularly by high and con­
tinuous fever and an enlarged, smooth spleen.

Later work by Dr* R. R-. Parker

at the Rocky Mountain Laboratory, maintained by the Federal Government, proved
that the agent of infection could be passed to guinea pigs by both progeny of
infected females and immature and adult ticks which had fed, as larvae, on
infected blood,

Dr. Cox (in paper III of the series), working further with the re­
covered strain, found numerous minute protean organisms which resembled
"rickettsia", or bacterium-like forms.
The fourth paper of the series, by Dr. Dyer, reports the actual case
of "X", a member of the staff of the National Institute of Health, who con­
tracted the new disease in May of this year, while observing the research on
the virus in the laboratory at Hamilton, Montana.

The period of incubation

is described as about ten days, with gradual onset.

Mild fever set in the third

day, lasting about a week, accompanied by chills and recurrent sweating.
joints were recorded as ’’tender” for about three days.

Finger

The patient returned, to

normal in approximately one month.
Virus recovered from ”X ”, injected into guinea pigs, gave them a similar
infection, and his serum produced definite protection against further inocula­
tion.

Other tests indicated the possibility of the now infection being similar

in many respects to the newly described Australian disease.
’’The possibility that this infecting agent and the one which causes fQ 1
fever arc closely related, as the ’one-way’ cross-immunity tests indicate" Dr.
Eyer suggested, "should not be overlooked.

That the two diseases may not be

identical is indicated by our failure to infect monkeys, while the Australian
workers report them as susceptible to ’Q ‘ fever.

Epidcmiologically, this latter

disease has been found in Australia, particularly among workers in abattoirs
and among dairy farmers.

Such an epidemiological picture is not at variance

■with the picture of a ’tick-borne’ infection, since it suggests a reservoir
in animals and the existence of the infection in their arthropod parasites."

- 2 -

Control of Cancer^ and Dr. Ludvig Hektoen, of Chicago, former director of the John
McCormick Institute for Infectious Diseases, who is serving as executive Director
of the National Advisory Cancer Council.
Dr. Hektoen, as executive director,, will comment on the recent grant to Meharry Medical College of Nashville, Tennessee, for the support of its cancer
clinic, and the new developments in

connection with the cyclotron, the atom-smash­

ing machine set up in the California Institute of Technology.

He will also pre­

sent the opinions expressed by the deans of medical schools and officers of the
American Board of Surgery and the American Board of Radiology, concerning the
training of cancer specialists.
Dr. C. C. Little, managing director of the American Society for the Control
of Cancer, has been asked by the Council to set up a "Committee on Genetics" and
the scope of this committee's work may be discussed at Tuesday's meeting.

TREASURY DEPARTMENT
ÏÏ. S* P u b lic H ealth S e rv ic e
Washington
f

F in a n c i a l g r a n ts f o r c a n ce r r e s e a r c h in d esig n ated h o s p i t a ls and m edical
c o lle g e s w i l l be co n sid ered by th e N a tio n a l A d viso ry Cancer C ou n cil a t i t s a ll-d a y
m eeting

the N a tio n a l I n s t i t u t e o f H e a lth , D r. Thomas P ar r a n , Sur­

geon G eneral o f the U nited S t a t e s P u b lic H ealth S e r v ic e announced to d a y .
Surgeon G eneral P a r r a n , who i s ex o f f i c i o chairm an o f th e C o u n cil, a ls o
~J-

•*ii iidi th e C o u n cil w i l l d is c u s s p o l i c i e s re g a rd in g th e t r a i n i n g o f s p e c ia lis ts

in v a rio u s phases o f c a n c e r work and plans f o r in c re a s in g p u b lic khowledge concern­
in g c a n c e r symptoms and th e n e c e s s i t y f o r e a r l y tre a tm e n t.
R ep o rts w i l l be p re se n te d by D r. Ludvig H ektoen, e x e c u tiv e d i r e c t o r o f the
N a tio n a l A d visory Cancer C o u n cil, and D r. C a r l V o e g tlin , C h ief o f th e N a tio n a l
Cancer I n s t i t u t e .

D is tr ib u tio n p lan s f o r th e $ 2 0 0 ,0 0 0 shipment of radium which

a r r iv e d in W ashington two weeks ago w i l l be in clu d ed in th e r e p o r t s .

The 92 grams

owned by th e I n s t i t u t e a r e now b eing t e s t e d a t the Bureau o f S ta n d a rd s .

W ithin

th e n e x t two months most o f t h i s radium w i l l be loaned out in sm all q u a n titie s to
h o s p i t a l s , c a n c e r c l i n i c s , and m ed ical c e n t e r s , in acco rd an ce w ith r e g u la tio n s
approved by the C o u n cil a t i t s O ctober m eeting*
Tuesday’ s m eeting w i l l be th e f i r s t a tte n d e d by D r. Mont R . R eid , d ir e c to r
o f„ S u r g ic a l S e r v i c e , C in c in n a ti G eneral H o s p ita l and P r o f e s s o r o f S u rgery a t the
U n iv e rs ity o f C in c in n a ti, and D r. James Murphy, C h ief o f th e C ancer R esearch Div­
i s i o n o f th e R o c k e fe lle r I n s t i t u t e , New Y o rk , who were chosen l a s t month as new
members o f th e C o u n cil f o r t h r e e -y e a r te rm s .
C ontinuing members o f the C o u n cil who w i l l be p re s e n t a t Tuesday’ s meeting
in clu d e P re s id e n t James B . Conant of H arvard U n iv e r s ity , who i s an a u th o r ity on
c h e m is try ; D r. A rthur H. Compton o f th e U n iv e r s ity o f C h icag o , a Nobel
in p h y s ic s ; D r.

C.C.

L i t t l e , Managing D ir e c to r o f the American S o c ie ty

prize-winner
for

the

TREASURY DEPARTMENT
U> S. P u b lic H ealth S e rv ice
Washington
FOR RELEASE, MORNING NEWSPAPERS,
Monday, Jan u ary 2 , 1 9 3 9 .________ B
1 2 /3 0 /3 8 .

P r e s s S e rv ice
No* l 5“ 88

F in a n c ia l g r a n ts f o r c a n c e r r e s e a r c h in d esig n ated h o s p i t a ls and
m edical c o lle g e s w il l he con sid ered by th e N a tio n a l A dvisory Cancer Council
a t i t s a ll-d a y m eeting tomorrow a t the N a tio n a l I n s t i t u t e o f H ealth , Dr*
Thomas P a r ran,. Surgeon General o f th e U nited S ta te s P u b lic H ealth S e rv ic e
announced today*
Surgeon General P a r r a n , who i s e x - o f f i c i o chairman o f th e C o u n cil,
also s a id the C ouncil w ill d is c u s s p o l i c i e s reg ard in g th e t r a in in g of
s p e c i a l i s t s in v a rio u s p hases of c a n c e r work and p lan s f o r in c re a s in g
p u b lic knowledge con cern in g c a n c e r symptoms and th e n e c e s s i t y f o r e a r ly
treatm en t*
R ep orts w il l be p re se n te d by Dr. Ludvig Hektoen, e x e c u tiv e d i r e c t o r
of the N atio n al A dvisory Cancer C ou n cil, and Dr. C arl V o c g tlin , C hief o f .t h e
N ation al Cancer I n s t i t u t e .

D is trib u tio n p la n s f o r the $ 2 0 0 ,0 0 0 shipment of

radium which a r r iv e d in Washington two weeks ago w ill bo in clu d ed in th e
re p o rts.

The 9J- grams owned by th e I n s t i t u t e a re now being t e s t e d a t th e

Bureau of S tan d ard s.

W ithin th e n ext two months most of t h i s radium w i l l

be loan ed out in sm all q u a n ti ti e s to h o s p i t a l s , can cer c l i n i c s and m edical
c e n t e r s , in acco rd an ce w ith r e g u la tio n s approved by th e C ouncil a t i t s
October m eeting.
Tuesday*s m eeting w ill be the f i r s t atten d ed by D r. Mont R. R eid ,
d i r e c t o r of S u rg ic a l S e r v ic e , C in cin n a ti G eneral H o sp ital and P r o f e s s o r o f
Surgery a t the U n iv e rs ity o f C in c in n a ti, and Dr. James Murphy, C hief o f the
Cancer R esearch D iv isio n of th e R o c k e fe lle r I n s t i t u t e , Now York, who were
chosen l a s t month as new members o f th e C ouncil f o r t h r e e -y e a r term s.

3-

C ontinuing members of th e Council who w ill he p re s e n t a t Tuesday*s
meeting in clu d e P re s id e n t James B. Conant o f Harvard U n iv e r s ity , who i s an
a u th o rity on c h e m is try ;

Dr. A rth u r H. .Compton o f th e U n iv e r s ity o f Chicago»

a Nobel p riz e -w in n e r in p h y s ic s ; Dr. C. C. L i t t l e , Managing D ir e c to r o f the
American S o c ie ty f o r th e C o n trol o f C an cer;

and Dr. Ludvig Hoktoen, o f

Chicago, form er d i r e c t o r o f th e John McCormick I n s t i t u t e f o r I n f e c tio u s
D iseases, who i s so rv in g as e x e c u tiv e D ir e c to r o f th e N a tio n a l A dvisory
Cahcor C o u n cil.
D r. Hektoen, a s e x e c u tiv e d i r e c t o r , w il l comment on the r e c e n t g r a n t
to Meharry M edical C o llege o f N a s h v ille , Tennessee, f o r th e support o f i t s
can cer c l i n i c , and th e new developments in co n n ectio n w ith th e C y c lo tro n ,
the atom -sm ashing machine s e t up in the C a l i f o r n ia I n s t i t u t e o f Technology.
He w ill a ls o p re s e n t th e o p in io n s exp ressed by th e deans o f m edical sch o o ls
and o f f i c e r s of the American Board o f S urgery and the American Board o f
R adiology, con cern in g th e tr a i n i n g of c a n c e r s p e c i a l i s t s .
Dr. C. C. L i t t l e , managing d i r e c t o r o f th e American S o c ie ty f o r th e
Control of C an cer, h as been asked by the C ouncil to s e t up a nCom nittee on
G en etics1* and th e scope o f t h i s c o m m itte e ^ work nay be d is cu s s e d a t
Tuesday! s m eetin g.

— oOo

2 -

Government
S e c u ritie s

Fund o r Agency

Governmentg u aran teed
S e c u ritie s

Other I
Securities!

(OOO om itted )

F e d e ra l Farm M ortgage C o rp o ratio n
$
F e d e r a l Land Banks ...................... . . • • • • • . . . ..............
F e d e r a l In te rm e d ia te C red it Banks
Banks f o r C o o p erativ es ......................................... ..
P ro d u ctio n C re d it C o r p o r a t i o n s .... ............... ..
P ro d u ctio n C re d it A s s o c ia tio n s ................................
J o i n t Stock Land Banks ** ........................... ..
Federal Home Loan Banks ••••.... ......... .
Home Owners1 Loan Corporation ....... ...... ..
Reconstruction Finance Corpo-ation ••••••••••
Inland Waterways Corporation ** ......... .
U.S. Spruce Production Corporation
U . S. Housing Authority ...................... .
Totals

Hotel

*

$

—
—

-

—

-

-

-

-

-

$ 2 7 1 ,2 3 7

$
6 3 ,3 9 ^
69,000
6^,037
1 6 ,0 9 7
6 ,0 7 7
2 ,0 5 5
3 0 ,6 16
1 ,10 0
Us, 020
3 ,^ 2 7
125
350
3CA.35S

$ ^ , 337!

—

$ ^ ,3 3 7 1

$ 765,330 I
1
-

5,000
23,^95
3 ,6 1 9
6 ,S 62
6 ,2 9 7
7*355

3,950 I
25,703 I
75,^97 I
251
-

-

-

$ 5 3 ,2 2 2

\

D i s t r i c t o f Columbia W ater F u n d ...............
736
Unemployment T ru st Fund
1 , 032,000
R a ilro a d R etirem en t A ccount ........................... ..
7^,200
Old-Age R eserve Account .........................................
330,300
F o re ig n S e rv ic e R etirem en t and
D i s a b i l i t y F u n d .......................................................... ..
3 ,5 ^ 7
Canal Zone R etirem en t and D i s a b i l i t y
Fund ( l ) ........................... ................ ................................. ..
^,030
A d ju sted S e rv ic e C e r t i f i c a t e F u n d .......... ..
22,700
A lask a R a ilro a d R etirem en t and
D i s a b i l i t y Fund ................. .................. ..
R22
.......... $ U ,6U 6,669
T o ta ls

$ 2 7 1 ,2S7

-- - 1

$ 270,505 1

All trust funds may "be invested in Government and Governmentguaranteed securities, and certain funds may also be invested
in additional securities as indicated:
0 ) In Federal Farm Loan Bonds.
(2) Ho Limitations.

Consist principally of Federal Farm Loan Bonds and Federal
Intermediate Credit Banks Debentures.

** Latest figures available.
- 0 O 0-

A

$ 2 , 678, 63^

T o ta ls brought forw ard

TEEASUE2T DEPARTMEHT
Washington
POE BELEASE.

&

^

'

P r e s s Servic
Ho. ( S -*?

£V7#'*

S e c r e ta r y Morgenthau r e le a s e d today th e fo llo w in g statem en t re la tiv e I
to th e amount o f Government and o th e r s e c u r i t i e s h eld in governm ental tr u s t
a c c o u n ts and by governm ental c o r p o r a tio n s and a g e n c ie s :
SECURITIES HELD AS INVESTMENTS IE TBXJST M IP S MD IE ACCOUHTS
OE CERTAIN GOVEBHMEHTAL COBPQBATIOHS HID AGEHOIEB
AS OP lOVEMBER ^Q. IQ^8
Government
S e c u ritie s
Pund or Agency

GovernmentOther!
^ la ra n te e d Securitiel
s e c u ritie s
(000 o m itted )

P o s t a l Savings System . . . . . . . . . . . . . . .......... . . .
P e d e r a l D ep osit In su ran ce C o rp o ratio n ••••••
In d iv id u a l In d ian T ru st Funds ................. ..
Mutual M ortgage In su ran ce Pund and
Housing In su ran ce Pund ...........................................
P e d e ra l Savings and Loan In su ran ce Carp..........
C i v i l S e rv ic e E etirem en t and D i s a b i l i t y
Pund .......................................................................................
U. S. Government L i f e In su ran ce Pund ( l ) . . .
D .C. T e a c h e rs ’ E etire m e n t Pund ( 2 ) . . . . . . . . .
A lie n P ro p e rty C ustodian Pund . . . . . . . . . . . . . . .
Panama Canal Zone Funds ( l ) ..................................
G eneral P o s t Fund, V e te ra n s ’ A d m in istra­
t io n . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
L ib r a r y of Congress T ru st Fund ( 2 ) ...................
D. C. Workmen’ s Compensation Fund ( l ) . . . . . . .
Longshoremen’ s and Harbor Workers*
Compensation Fund ( l ) . . . . . . . . . . . . . . . . . . . .
German S p e c ia l D eposit Account . . . . .......... ..
n a t io n a l I n s t i t u t e o f H ealth G ift Fund •••••
C o m p troller o f th e Currency Em ployees’
E e tire m e n t Fund
P e rs h in g H a ll Memorial Fund • • • • • • ............. ..
n a t i o n a l P ark T ru st Fund ( 2 ) .................... ..
A insw orth L ib r a r y Fund, W alter Eeed
G eneral H o s u ita l *••••••••••••••.••••*♦••••

953,272
3 6 9 ,0 9 ^
H2,H66

19,686
10,365

1 6 6 ,83U
76

$ 21

10^,267

U61.900
775,282

6,006
30,810
1,850

95

Hi, 9991
1 . 69^

2/0

10

$ 2,673,63^

$ 2 7 1 ,2S7

$ V U 37

TREASURY DEPARTMENT
Washington

Press Service
No. 15-89

FOR RELEASE, MORNING NEWSPAPERS,
Monday, January 2, 1939.________

12-30-38

Secretary Morgenthau released today the following statement relative to
the amount of Government

and other securities held in governmental trust ac­

counts and hy governmental corporations and agencies:
SECURITIES HELD AS INVESTMENTS IN TRUST FUNDS AND IN ACCOUNTS
OP CERTAIN GOVERNMENTAL CORPORATIONS AND AGENCIES
AS OP NOVEMBER 30, 1938

Fund or Agency

Government
Securities'
_________

GovernmentOther
guaranteed Securities*
securities
_
(000 omitted)

Postal Savings S y s t e m ................. . . . . . . . . . . . . . . . . t $
Federal D eposit In su ran ce C o rp o ratio n ....................
Individual In d ian T ru st Punds . . . . . . . . . . . . . . . . .
Mutual Mortgage In su ran ce Pund and
. .
Housing In su ran ce P u n d ............... ...................................
Federal Savings and Loan In su ran ce Corp..................
Civil S e rv ic e R etirem en t and D i s a b i l i t y
.
.
P u n d ................. .................. ................................. ••............... r
U. S. Government L i f e In su ran ce Pund ( l ) . . . . . .
D. C. T eachers* R etirem en t Pund (2 ) ............ ............
Alien P ro p e rty Custodian Pund ........................... ..............
Panama Canal Zone Punds ( l ) ............... ..................... .. ••
General P o s t Pund, V e te r a n s 1 A d m in istra tio n . . .
Library o f Congress T ru st Pund (2 ) ............ ..............
D. C. Workmen*s Compensation Pund ( l ) ....................
Longshoremen*s and Harbor W orkers1 Compensation
Fund ( l ) ....................................... ................................................
German S p e c ia l D ep osit Account ............ ..................... ..
Rational I n s t i t u t e o f H ealth G ift P u n d ...................
Comptroller o f th e Currency Employees*
Retirement P u n d .................. ....... .....
Pershing Hall Memorial P u n d ................... j
Rational Park T ru st Pund (2) ...... *.......... .
Ainsworth Library Pund, Walter Reed
General Hospital ........................... .*•

953,878
369,094
42,466
19,686
10,365
461,900
775,882
6,006
30,810
1,850
1,067
1
10

116
3,957
83

$ 166,834
76

$

—

104,267

21

«
—

m
m
95
-

5

41,999
1,694
290
1

-

278

—

11

-

43

10

—

«

—

1,243
198

m

12

-

—

$ 271,287‘

—
$ 44,337

-

10

$ 2,678,634

-

2

-

Government GovernmentSecurities 'guaranteed
Securities
(000 omitted)

Fund or Agency

$ 2,678,634

Totals brought forward
District of Columbia Water Fund ..........
Unemployment Trust Fund ...... ,
Railroad Retirement Account ...............
Old-Age Reserve Account ...............
Foreign Service Retirement and
Di sability Fund •... * ................
Canal Zone Retirement and Disability
Fund (l) ..........| ............ .
Adjusted Service Certificate Fund. ....
,..
Alaska Railroad Retirement and
Disability F u n d ...... ............

736
1,032,000
74,200
830,300

Totals .....................

$ 4,646,669

Federal Farm Mortgage Corporation .........
Federal Land B a n k s ...................
Federal Intermediate Credit Banks .........
Banks for Cooperatives . .......... ,.....,
Production Credit Corporations ............
Production Credit Associations ............
Joint Stock Land Banks ** .................
Federal Home Loan B a n k s ...... ,..... ......
Icie. Owners1 Loan Corporation ........... ..
Reconstruction Finance C o r p o r a t i o n .......
Inland Waterways Corporation ** ......... .
U.S. Spruce Production Corporation ........
U*S. Housing A u t h o r i t y ...... ...... .......
T o t a l s ....... ...........

Notes

$ 271,287

r

$ 44,337

m
-

-

-

-

4,030
22,700

•*

M*

—

—

522

#

3,547

$

Other
Securities*

-

$ 271,287

$ 44,337

$

$765,330
- .
3,950
25,703
75,497
25

63,394
69,000
64,037
16,097
6,077
2,055
30,616
1,100
48,020
3,487
125
350

5,000
23,495
3,619
6,862
6,897
7,355
-

304,358

$ 53,228

mm

jk

m

-

-

m
-

$ 870,505

All trust funds may be invested in Government and Governmentguaranteed securities, and certain funds may also be invested
in additional securities as indicated!
(1) In Federal Farm Loan Bonds.
(2) No Limitations.

* Consist principally of Federal Farm Loon Bonds and Federal
Intermediate Credit Banks Debentures.
* Latest figures available.
•— 0Q0—

mpARmmr
Washington
Pres» Service

FOR RKLFiSt# MCRKIKG RStOPdFSHB,
S&turday. Deoember 51* 1 ^ 8 ^ —

gtpt

Saaratary of tba freaaury anBouuoad Imst araniag tfeat tba
tenders for $100,000,000, or tbareabouta, ot 91~day Treaaury HUl* to be

dated Jami&iy 4 and to matura April 5, 1959, v&io& woro off»red oa Daoaate,r 28 , 1038, wer© opaaad at tba Federal Si m w basale» ©n Daoeaber SO,
fi» datail» of tbia iaaae aro a» follew» t
fötal applied for
fötal aacepted

* |l^,82S#t00
« 100,000

Approxiamtely oaa-balf tba total amotmt of bide aeaepted waa
tendered at priaea aligbtly above par, aad t&« ramlader aeaaptad aa#

tauderad at per. öf tba amoaat taadered at par, 19 pareeat ws» aeaepted.

!

TREASURY DEPARTMENT
Washington

FOR RELEASE, MORNING NEWSPAPERS,
Saturday. December 31. 1938«
12/30/38.

Press Service
No* 15-90

The S e c r e ta r y of the Treasury announced last evening that the
tenders for $100,000,000, or thereabouts, of 91-day Treasury bills, to
be dated January 4- and to mature April 5, 1939, which were offered on
December 28, 1938, were opened at the Federal Reserve banks on December
30*
The details of this issue are as follows:
Total applied for
Total accepted

—

$>4-88,825,000
100,722,000

Appriximately one-half the total amount of bids accepted was
tendered at prices slightly above par, and the remainder accepted was
tendered at par.

Of the amount tendered at par, 19 percent was accepted*

— oOo—

t

- 3 -

The greatest proportion of people so infected, Dr, Vonderlehr explained,
have the latent or synptonless ford of the disease.

Thus, unless a special attenpi

were made to detect the disease through the use of serological "blood tests, the
average employer would not be able to tell which of his workers were infected.
In its very early stage, before he begins to receive treatment, the patient
nay have symptoms present which will cause some degree of incapacitation for a
few days.

These disappear, however, within a week when the patient is given

modern treatment, and these treatments should not interfere with his job*
In late syphilis, of many years duration, serious complications involving
the brain, spinal cord, or the heart and great blood vessels may occur, in which
event the patient would, of course, likewise be incapacitated*

This incapacity- :

tion would last for a variable tine and night possibly be permanent,

A great nany

of the people with such complications are confined to mental or other hospitals
more or less permanently and are

not a part of the great employed group in this

country.
•0 O 0—

-

2

"Fortunately,0 Dr* Vonderlehr says, "some of the larger industries have
discovered that the control of
accomplished by dismissals.

venereal diseases in industry can hardly be

They assure the worker that so long as proper pre­

cautions are taken during the early stages and proper treatment continued, there I
will be no dismissals following discovery and treatment of infection.
"Some industries have established clinics to treat both infected employee I
and his family.

Those industries have found out that the employee constantly in I

fear of being dismissed will neglect treatment and that this neglect simply leads
to prolonged and more serious illness.

A sick and worried employee is very defi­

nitely a liability, at least in terns of inefficiency and possibly in terns of
accident and labor turnover.
"Remember, also, that from the public point of view, the patient*s con­
tinuance of treatment and, therefore, his cure will depend upon the continuance
of his income*

Nobody would benefit by his discharge*

uP on public relief*

He might easily be thrown«

That might result from a policy of needlessly discharging

syphilitics from their employment*
"The syphilitic person passes through three definite stages! early,
latent or synptonless, and late syphilis.

If adequate treatment is given to the

infected individual, the manifestations of late syphilis are prevented in more tha*
80 per cent of all cases.
"From the standpoint of incapacitation as a result of syphilis with refer- I
ence to employment, it should be noted that only those people with very early
syphilis —

in the first week or two of the disease —

and those who have nanifes-l

tations of late syphilis, night have a lowered earning capacity.

The number of

syphilitic persons in these categories, however, would not constitute more than
ID per cent of all the syphilitics in the United States,"

TREASURY DEPARTMENT
U. S. Public Health Service
Washington
FOR RELEASE, AFTERNOON NEfSPAPERS,
Friday, January 6, 1939.
1-4-39

Press Service
No. 15-91

The United St ates Public Health Service today advocated a six-point pro­
gram to prevent the spread of syphilis among employees in industry.

The recom­

mendations are as follows:
1.

Routine blood tests for applicants for employment.

2.

Routine blood tests at the time of periodic reexamination of employees.I

3. Industry, with its compact organization,
educational program#

should develop a vigorous

4# Industry should extend its educational campaign into the field of
prophylaxis#
5. There is a responsibility upon the industrial medical officer to see
that adequate modern treatment is available to employees at prices ordinary wage
earners can afford#
If such treatment is not available in private practice or at 1
public clinics, industrial medical, service should undertake such treatment#
6. 'Syphilis must at all times be handled as merely another communicable
disease.
The privacy of relations between the worker and the medical service
should be preserved in the best professional tradition.
In ordinary cases it can~B
not be regarded as ground for discrimination of any kind against employees, when
treatment is properly required#
Dr. R# A* Vonderlehr, Assistant Surgeon General in charge of the Venereal
Disease Division, stated that when syphilis cases are given proper treatment, ii>- I
dustry runs a minimum of risk of having workers disabled or partially disabled froiB
the disease#

A recent survey showed that symptoms of syphilis of the nervous

system resulted in only 1.6 per cent of the properly treated cases under observa- I
tion#

For untreated cases the rate was 16.9 per cent#
These studies also revealed

no cases of syphilitic heart disease among«

the group that had received proper treatment, while 3.4 per cent of the cases havuB
no treatment developed heart trouble during the ten to twenty year observation
period

3. HlW%^Lndustry, with its compact organization, mill find Mil»
developgaBWT^f a vigorous educational progran^pu uflMAciiw

4 . T3£S3findustry

e x te n d ^

educational campaign into the

field of prophylaxis.
5. H w l T l h e r e is a responsibility upon the industrial medical
officer to see that adequate modern treatment is available to employees Jar
at prices ordinary wage earners can afford
fiSsE&jif such^Ts not available
in private practice or at public clinics,
industrial medical service
should
undertake such treatment.
6.- 1 M S y p h i l i s must at all times be handled as merely another
communicable disease. The privacy of relations between the worker and
the medical service should be am»duo^edp ^ ^ 1 1 e ^ e s t professional tradition.
In ordinary cases it cannot be regardea as ground for discrimination of
any kind against employees, when treatment is properly required.

serious illness*

In the country as a whole there is a deficiency of 360,000

hospital beds, including facilities for the care of mental and tuberculous
patients,”
Fortunately^ the National Health Survey, conducted several years ago by
the Public Health Service with work relief personnel, has furnished a great
deal of reliable, even though astounding, information concerning the kinds of
illness prevailing ini this "third of the population” , the ages of the victims,
their approximate economic status, their employability and other facts closely!
related to their ability to secure adequate medical treatment*
When these data had been studied and tentative conclusions formulated
by the P r e s i d e n t s Interdepartmental Committee on Coordination of Health and
Welfare Activities, it was obvious that the Federal Government had a definite
responsibility in seeking a remedy for this undesirable state of affairs.

It

was shown, for instance, that despite the improvement of State and local healthj
services resulting from the application of grant-in-aid provisions under Titles!
V and VT of the Social Security Act there are large rural areas and many cities
in which adequate health service is not yet available.

Only a few States

have even fairly satisfactory programs for the prevention of mortality from
pneumonia and cancerjj^here still are serious deficiencies in the control of
tuberculosis and malaria^ Very little is being done by most of the States in
the field of mental hygiene, and there is awss^for a much greater expansion
of industrial hygiene activities.
In closing his -s

report Surgeon General Parran recomraendgj/

among other essentials, the establishment in the National Institute of

Health

of a unit for wider chemotherapy investigations, additional funds under the
Venereal Disease Control Act on an increasing scale until an annual

appropria­

tion of #25,000,000/ i s reached, and the establishment of a neurological
institute for laboratory and clinical investigations of mental and nervous disease!

-

6-

A firm basis for future cancer studies is being laid through grantsin-aid to selected institutions and the training of research specialists.
Already a broad field of investigation is receiving attention*
Cooperative activities
Every State and many cities, as well as every department and independent
agency of the Federal Government has received some degree of assistance from
the Public Health Service in solving special health problems arising in the
course of routine operations.

This cooperative woik, carried on principally

by the Division of States Relations, is one of the most important functions of I
the ServicerTThe availability of funds under the provisions of the Social
Security Act has made it possible to assist in improving State and local
health administration.

It is especially noteworthy that whole-time health

services in rural areas have been greatly augmented.

From January 1, 1935,

to December, 1937, there was an increase in full-time health units of 96 per- I
cent.

Facilities for the promotion and supervision of such full-time facilities

have been developed in 19 States.
Stimulated by Federal grants-in-aid the State and local appropriations
for public health purposes have increased $8 ,0 0 0 ,0 0 0 annually.
Cooperation was continued with the States and the Works Progress Ad­
ministration by providing technical supervision of work relief labor projects
for the construction of sanitary toilets, malaria control drainage in the
South and sealing of abandoned coal mines.

Certification of water supplies

used by interstate carriers, a valuable measure in preventing water-borne
illness, continued without interruption.
National Health Program.
wIt is a matter of grave concern” , comments Dr. Parran, ”that ap­
proximately 40,000,000 people in the United States - the lower economic third
of our population~are unable to provide themselves with medical care during

-5 -

and psoriasis.

Vitamin D was shown to be valuable in the treatment of

psoriasis.

The erection, of a group of specially designed structures for tie
National Institute of Health on a site near Bethesda, Maryland, makes avail­
able increased facilities for scientific' research into the causes and pre­
vention of disease.

The investigative work of the Institute covers an in­

creasingly broad field.

Continued attention was directed to the control of

biologic products, particularly anti-pneumonoeoecic rabbit serum, anti­
meningococcic serum, and close supervision over the stability of arsphensmineJ
In the field of industrial hygiene investigations were directed to
the development of means for the protection and the improvement of the health]
of workers in various fields of industry among which the pottery, granite,
lead storage batteries, fur and manganese industries may be mentioned.
"The activities of the National Institute of Health", comments the
Surgeon General, "are becoming increasingly varied and numerous.

Thus* one

group of workers is engaged in chemical and chemotherapy research while
another is directing its attention to studies of such infectious diseases as |
Rocky Mountain spotted fever, typhus fever, scarlet fever, Weil's disease,
leprosy and poliomyelitis.

A special series of investigations have shed

considerable light upon the various phases of trichinosis infection and the
means of its prevention.

Clinical, epidemiological and laboratory studies

of heart disease, especially the rheumatic type, have produced valuable in­
formation."
The interesting discovery was made that fluorides, which cause

mottled!

enamel, that disfiguring discoloration of the teeth, may be removed from drin^
ing water by treatment with manganese dioxide, a method which gives promise
of economical development.

-4-

Mental hygiene
With the completion of the Public Health Service hospital at Fort
Worth, Texas, for the care and treatment of drug addicts the facilities for
this specialized work have been materially increased.
hospital at Lexington, Kentucky, engaged in treating drug addicts and making
operated to full capacity with an average

scientific investigations
daily census of 949 patients.

The Public Health Service continued to supervise and furnish medical, I
psychiatric^ technical and other scientific services to Federal and penal
institutions.

Special studies were conducted in cooperation with the Mental I

Hygiene Survey Committee to stimulate interest in the adequate care of the
mentally ill, to bring about greater equality and wider distribution of
facilities, promote uniform policies and improve the facilities for psychiatric
instruction.
e
studies in mental hygiene for determining the basic nature and factors in
volved in the production of mental disorders encountered in a typical Ameri­
can community.
Marine hospitals and relief stations.

23
?'*TPThe 27 hospitals of the Public

Health

relief at 154 ports, vfliere 566,931 accredited persons applied for

treatment.

This represents an increase of 211,121 patients over the preceding year.
chant

^

seamen continued to constitute the largest class of beneficiaries.
Research was continued in pyretotherapy, focal infections,

arthritis»

j

-3-

Venereal disease control
The most important eient in the campaign against the venereal diseases I
during the fiscal year was the enactment by the Congress of the Venereal Diseasj
Control Act, whereby facilities for the more effective control of syphilis and I
gonorrhea were placed upon a permanent national basis.Mrburing the year the
Congress appropriated $3,000,000^ for the purpose of assisting States and theirl
political subdivisions in establishing and maintaining adequate measures for
the prevention, control and treatment of venereal diseases*

There were also

included provisions for training of personnel and for making studies, investigal
tions and conducting demonstrations designed to develop more effective control I
measures.
Waii. Social Security funds .the training of physicians in the clinical

A

A

management and public health control of the venereal diseases was continued in
several universities and clinics.

A number of State health officers avai3®d

themselves of this opportunity to^asasaSB' qualified personnel.
Requests more numerous than could be complied with were made upon the
Division of Venereal Diseases for articles, addresses and loans of trained
pers onnel.
The experimental control of syphilis among

indigent people of

rural areas was demonstrated by the use of a trailer clinic in Georgia^lSP-tSS
study of untreated syphilis in a group of male Negroes was continued. "No
Similar s t u d y ^ H E M * ^ ^ ^ B W p p r o f the effects of untreated syphilis over
a period of years, correlated with the pathologic findings at death^has ever
previously been made f

JsISM.dk*

The preparation and dissemination of instructive literature, charts,
posters and exhibit material continued during the year.
control syphilis in industry were inaugurated.
received by industrial organizations.

Measures designed to

The control program was favorably

-

2-

fever, diphtheria, tuberculosis, malaria, pellagra, nephritis and puerperal
Lth regard to small*

causes.
Dr. Parraj^«»-^SeidscB«:

pox

"During 1937 a total of 11^673 a

cases of smallpox was reported, as compared with 7,834 in 1936 and 7,957 in 1935,1
The number of reported cases in 1937 was the highest since 1931.

Fortunately

the prevailing smallpox is of a mild, nonvirulent type, causing relatively few
deaths.

The eradication of this unnecessary disease depends upon the intelligent

application of vaccination."
The United States suffered minor epidemics of influenza and poliomyelitj
in 1937.

The number of cases of poliomyelitis, 9,511, has been exceeded only

in four previous years for which records are available, 1916, 1927, 1931 and

i.

5,

? The leading causes of death in 1937 were diseases of the heart, cancer and other

L.i... —«

malignant tumors, pneumonia, cerebral hemorrhage and softening, nephritis, ac­
cidents (except automobile) and tuberculosis.
Quarantine and immigration.
The magnitude of Federal quarantine and immigration activities is in- I

. >

__ _

I

dicated by the.Service inspection at ports of entry of 1,784 airplanes carrying I
23,172 passengers and tjaaujfcAdiiti Qnewl. inspection of 15,873 vessels carrying 789,5B
passengers and 1,196,688 seamen.

Fumigation of 1,004 vessels was performed and I

5,399 rats were examined for evidence of plague infection.

Medical officers

at various United States ports of entry inspected 2,447,339 alien passengers
and 805,306 alien seamen.

Of these, 20,372 passengers and 1,438 seamen were re- I

ported as having some certifiable disease or defect.

In foreign countries 65, V

applications for immigration visas were examined by Public Health S e r v i c e
officers.
The continued success of so-called radio pratique a t New York and
Boston BEsde practicable the extension of this time-savtfcg

measure to c e r ta in

vessels entering the ports of San Francisco and Los Angeles.

I

'
stSâmÎ6Îedl2L^.greater advance has been made in public health-éaf^h«
1

"

uijjgjiiiujLL.

\

/
\■; /

-

.^^feJtil^** ifr*
n~nrr~Tjr]
1... ni|l"
'
l
|
i«i... Ii
li 1

WfaWi »hftwip»iwrpdj> Su pgj k fi G e n e r a l Thorns a - % ^ n

“*"' ’

,

^¿0^*

ie ope hu n d re d and f o r t i e t h y e a r o j^’i^ fs J x i s ^ s ^ e .

I

/

nfc."%ffifia-2ii8afc>/

¿fiA' |^bw«^“

Btol iW&A o u t s t a n d i n g Jk€ve 1 opine n t f / h a v e

#wfp th e a ssu m p tio n o f i

G e n e ra l h e a lt h c o n d it io n s .

y e a r ended Ju n e 3 0 , 1 9 3 8 , i t »4 a pci infold au 1"*$» th e r e p o r t ^ t h a t th e g e n e r a l death®
r a t e f o r the c a le n d a r y e a r 1937 was 1 0 .9 p e r 1 ,0 0 0 p o p u la t io n , a s compared w ith I
1 1 .3 f o r th e p r e c e d in g y e a r .

T h is fa v o r a b le c o n d it io n c o n tin u e d i n 1 9 3 8 , when

p r e lim in a r y f i g u r e s f o r th e f i r s t s i x m onths d i s c l o s e d a m o r t a li t y r a t e o f 10.8 I
p e r 1 ,0 0 0 p o p u la t io n a s com pared w ith 1 1 .8 f o r th e c o r r e s p o n d in g p e r io d o f 1937.1
Theve was a ls o re c o rd e d a d e c r e a s e i n i n f a n t m o r t a li t y fro m 5 7 .1 p e r 1 ,0 0 0 liv e
b i r t h s f o r 1936 t o 5 4 .4 i n 1 9 3 7 .

The m a te rn a l m o r t a li t y r a t e c o n tin u e d t o decline;

Q

4 . 6 p e r 1 ,0 0 0 l i v e b i r t h s i n 1 9 37 a g a in s t 5 . 3 d u r in g 1 9 3 6 . jA s i n f a n t , maternal I
and g e n e r a l d eath r a t e s a re s e n s i t i v e in d e x e s o f p r e v a i l i n g h e a lt h c o n d it io n s ,
iAvdyit

in 1936.

The im provem ent was a p p a re n t i n th e p r o v i s i o n a l t u b e r c u lo s is death

r a t e w h ic h d e c lin e d fro m 5 1 .7 p e r 1 0 0 ,0 0 0 p o p u la t io n i n 1936 to 4 9 .6 i n 1937.
D u r in g 1 9 3 7 lo w e re d d e a th r a t e s were r e p o r t e d f o r ty p h o id f e v e r , s e a r l®
\

Treasury Department
U.S•Public Health Service
Washington

FOR RELEASE, MORNING NEWSPAPERS
SUNDAY, JANUARY 8 , 1959.

SUMMARY OF THE ANNUAL REPORT OF THE
SURGEON GENERAL, U.S.PUBLIC HEALTH SERVICE/
FOR THE FISCAL YEAR 1958.

Bufali

greater advance has been made in public health in the
United states during the past two years than ever before within a
comparable period.M
Dr. Parran, reviewing the work of the organization, at the

I

close of the 140th year of its existence, noted

development*
by the Government
that have followed the assumption of new responsibilities/in matters
relating to public health, particularly with reference to activities
made possible through the enactment by Congress of the Social Security I
Act, the Venereal Disease Control Act and the National Cancer Institute*
Act.

I

TREASURY

DEPARTM ENT

U. S. P U B L IC H EA LTH S E R V IC E

MEMORANDUM
DATE December 29> 1938
fro m -

E rn e s t R. Bryan

T0

Mr. Schwarz
A ttach ed i s th e summary o f th e annual r e p o r t o f th e Surgeon

G eneral f o r th e f i s c a l y e a r 1 9 3 8 .

ERB:AEM

Office of Health Education

TREASURY DEPARTMENT
U. S. Public Health Service
Washington

m

RELEASE, MORNING NEWSPAPERS,
Sunday, January 8, 1939« .
_______
1-5-39

Press Service
No. 15-92.

SUMMARY OP THE ANNUAL REPORT •OF THE
SURGEON GENERAL, U. S. PUBLIC HEALTH SERVICE,
FOR THE FISCAL YEAR 1938.

Surgeon General Thomas Par ran in his annual report today said!

”A greater

advance has been made in public health in the United States during the past two
years than ever before within a comparable period.”
Dr. Parran, reviewing the work of the organization, at the close of the
140th year of its existence, noted developments that have followed the assumption
of new responsibilities by the Government in matters relating to public health,
particularly with reference to activities made possible through the enactment by
Congress of the Social Security Act, the Venereal Disease Control Act and the
National Cancer Institute Act,
GENERAL HEALTH CONDITIONS
Commenting upon health conditions in the United States during the fiscal
year ended June 30, 1938, the report states that the general death rate for the
calendar year 1937 was 10.9 per 1,000 population, as compared with 11.3 for the
preceding year#

This favorable condition continued in 1938, when preliminary

figures for the first six months disclosed a mortality rate of 10.8 per 1,000
population as compared with 11.8 for the corresponding period of 1937.
There was also recorded a decrease in infant mortality from 57.1 per 1,000
live births for 1936 to 54.4 in 1937.

The maternal mortality rate continued to

decline; 4.6 per 1,000 live births in 1937 against 5.3 during 1936.
As infant, maternal and general death rates are sensitive indexes of pre­
vailing health conditions, the reduced rates in these fields indicate a decidedly
favorable trend.

Tuberculosis mortality resumed a downward course after a slight increase
in 1936*

The improvement was apprent in the provisional tuberculosis death rate

which declined from 51*7 per 100,000 population in 1936 to 49.6 in 1937.
During 1937 lowered death rates were reported for typhoid fever, scarlet
fever, diphtheria, tuberculosis, malaria, pellagra, nephritis and puerperal causes*
With regard to smallpox, Dr. Parran said:

f,DuPing 1937 a total of 11,673 cases

of smallpox was reported, as compared with 7,834 in 1936 and 7,957 in 1935.
number of reported cases in 1937 was the highest since 1931.

The

Fortunately the

prevailing smallpox is of a mild, nonvirulent type, causing relatively few deaths.
The eradication of this unnecessary disease depends upon the intelligent applica­
tion of vaccination.,f
The United Stales suffered minor epidemics of influenza and poliomyelitis
in 1937.

The number of cases of poliomyelitis, 9,511, has been exceeded only in

four previous years for which records are available, 1916, 1927, 1931 and 1935.
The learling causes of death in 1937 were diseases of the heart, cancer and
other malignant tumors, pneumonia, cerebral hemorrhage and softening, nephritis,
accidents (except amtomobile) and tuberculosis.
QUARANTINES AND IMMIGRATION
The magnitude of Federal quarantine and imrnigralien activities is indicated
by the Public Health Service inspection at ports of entry of 1,784 airplanes carry­
ing 23,172 passengers and inspection of 15,873 vessels carrying 789,591 passengers
and 1,196,688 seamen.

Fumigation of 1,004 vessels was performed and 5,399 rats

were examined for evidence of plague infection.

Medical officers at various United

States ports of entry inspected 2,447,339 alien passengers and 805,306 alien sea­
son.

Of these, 20,372 passengers and 1,438 seamen were reported as having some

certifiable disease or defect.

In foreign countries 65,261 applications for immi­

gration visas were examined by Public Health Service officers.

a
- 3 -

The continued success of so-called radio pratique at New York and Boston
made practicable the extension of this time-saving measure to certain vessels
entering the ports of San Francisco and Los Angeles.
VENEREAL DISEASE CONTROL
The most important event in the campaign against the venereal diseases
during the fiscal year was the enactment by the Congress of the Venereal Disease
Control Act, whereby facilities for the more effective control of syphilis and
gonorrhea were placed upon a permanent national basis.
During the year the Congress appropriated $3,000,000 for the purpose of
assisting States and their political subdivisions in establishing and maintaining
adequate measures for the prevention, control and treatment of venereal diseases*
There were also included provisions for training of personnel and for making
studies, investigations and conducting demonstrations designed to develop more
effective control measures.
The use of Social Security funds for the training of physicians in the
clinical management and public health control of the venereal diseases was con­
tinued in several universities and clinics.

A number of State health officers

availed themselves of this opportunity to recruit qualified personnel.

t

Requests more numerous than could be complied with were made upon the Divi­
sion of Venereal Diseases for articles, addresses and loans of trained personnel.
The experimental control of syphilis among indigent people of rural areas
was demonstrated by the use of a trailer clinic in Georgia.
syphilis in a group of male Negroes was continued.

A study of untreated

HNo similar study of the ef­

fects of untreated syphilis over a period of years, correlated with the pathologic
findings at death, has ever previously been made,1* Dr. Parran said.
The preparation and dissemination of instructive literature, charts, posters
and exhibit material continued during the year.
syphilis in industry were inaugurated.

Measures designed to control

The control program was favorably received

4

by industrial organizations,
MENTAL HYGIENE
With the completion of the Public Health Service hospital at Port Worth,
Texas, for the care and treatment of drng addicts the facilities for this special­
ized work have been materially increased.

The hospital at Lexington, Kentucky,

engaged in treating drug.addicts and making scientific investigations, operated to
full capacity with an average daily census of 949 patients.
The Public Health Service continued to supervise and furnish medical,
psychiatric, technical and other scientific servicos to Pcderal and penal institu­
tions.

Special studies wore conducted in cooperation with the Mental Hygiene

Survey Committee to stimulate interest inthc adequate care of the mentally ill»
to bring about greater equality and wider distribution of facilities, promote
uniform policies and improve the facilities for psychiatric instruction,
A feature of the work of this division was the fiold studies in mental
hygiene for determining the basic nature and factors involved in the production
of mental disorders encountered in a typical American community,
MARINE HOSPITALS AND RELIEF STATIONS
engaged
The 27 hospitals of the Public Health Service,/in the care and treatment of
legally designated beneficiaries, and also In scientific clinical research, fur­
nished hospital a.nd outpatient relief at 154 ports, where 566,931 accredited
persons applied for treatment.
over the preceding year.

This represents an increase of 211,121 patients

Merchant seamen continued to constitute the largest class

of beneficiaries.
Research was continued in pyretotherapy, focal infections, arthritis and
psoriasis,

Vitamin D was shown to be valuable in the treatment of psoriasis.

I N S T I G A T I O N S OF PUBLIC HEALTH PROBLEMS
Tho erection of a group of specially designed structures for the National
I

Institute of Health on a sito near Bethesda, Maryland# makes available increased
facilities for scientific research into the causes and prevention of disease*

I

investigative work of the Institute covers an increasingly broad field.

The

Continued

attention fras directed to the control of biologic products, particularly antipneumonococcic rabbit serum, anti-meningococcic serum, and close supervision over
the stability of arsphenamine*
In the field of industrial hygiene investigations were directed to the
development of means for the protection and the improvement of the health of
workers in various fields of industry among which the pottery, granite, lead stor­
age batteries, fur and manganese industries may be mentioned.
I
I

ttThe activities of the National Institute of Health,t! comments the Sirgeon
General, <fare becoming increasingly vcsried and numerous.

Thus, one group of

workers is engaged inchemical and chemotherapy research while another is directing
its attention to studies of such infectious diseases as Rocky Mountain spotted
fever, typhus fever, scarlet fever, Weil*s disease, leprosy and poliomyelitis*

A

special series of investigations have shed considerable light upon the various
phases of trichinosis infection and the means of its prevention.

Clinical, epidem­

iological and laboratory studies of heart disease, especially the rheumatic type,
have produced valuable information.,f
The interesting discovery was made that fluorides, which cause mottled enamel
I

that disfiguring discoloration of the teeth, may be removed from drinking water by
treatment with manganese dioxide, a method which gives promise of economical devel—

\

opment.

A firm
J

basis for future cancer studies is being laid through grants— in-aid

to selected institutions and the training of research specialists.
field of investigation is receiving attention*

Already a broad

- 6 -

COOPERATIVE ACTIVITIES
Every State and many cities, as well as every department and independent
agency of the Federal Government has received some degree of assistance from the
Public Health Service lh solving special health problems arising in the course of
routine operations.

This cooperative work, carried on principally by thé Division

of States Relations, is one of the most important functions of the Service.
The availability of funds under the provisions of the Social Security Act
has made it possible to assist in improving State and local health administration.
It is especially noteworthy that whole-tine health services in rural areas have
been greatly augmented.

From January 1, 1935, to.December, 1937, there was an

increase in full-time health units of 96 per cent.

Facilities for the promotion

and supervision of such full-time facilities have been developed in 19 States.
Stimulated by Federal grants-in-aid the State and local appropriai ions for
public health purposes have increased $8,000,000 annually.
Cooperation was continued with the States and the Works Progress Adminis­
tration by providing technical supervision of work relief labor projects for the
construction of sanitary toilets, malaria control drainage in the South and scal­
ing of abandoned coal mines.

Certification of water supplies used by interstate

carriers, a valuable measure in preventing water-borne illness, continued without
interruption.
NATIONAL HEALTH PROGRAM
”It is a matter of grave concern,” comments Dr. Parran, ”that approximately
40,000,000 people in the United States - the lower economic third of our population
~ are unable to provide themselves with medical care during serious illness*

In

the country as a whole there is a deficiency of 360,000 hospital beds, including
facilities for the care of mental and tuberculous patients.”
Fortunately, the National Health Survey, conducted several years ago by the
Public Health Service with work relief personnel, has furnished a great deal of

~ 7 -

reliable, even though astounding, information concerning the kinds of illness
I prevailing in this nthird of the p o p u l a t i o n * t h e

egos of the victims, their

I approximate economic status, their employability and other facts closely related
I to their ability to secure adequate medical treatment#
When these data had been studied and tentative conclusions formulated by
the President's Interdepartmental Committee on Coordination of Health and Welfare
Activities, it was obvious that the Federal Government had a definite responsi­
bility in seeking a remedy for this undesirable state of affairs#

It wa„s shown,

for instance» that despite the improvement of State and local health services
resulting from the application of grant-in-aid provisions under Titles V and VI
of the Social Security Act there are large rural areas and many cities in which
I adequate health service is not yet available#

Only a few States have even fairly

satisfactory programs for the prevention of mortality from pneumonia and cancer
I
and there still are serious deficiencies in the control of tuberculosis and
malaria#

Very little is being done by most of the States in the field of mental

hygiene, and there is need for a much greater expansion of industrial hygiene
activities*
In closing his report Surgeon General Parran recommended among other
essentials, the establishment in the National Institute of Health of a unit for
wider chemotherapy investigations, additional funds under the Venereal Disease
I

Control Act on an increasing scale until an annual appropriation of $26,000,000

I

is reached, and the establishment of a neurological institute for laboratory and

I

clinical investigations of mental and nervous diseases#
— *o0o—

- 3 It is not difficult to meet this requirement through the use of ordinary
diets.

Forty to eighty grams of fresh liver will supply the requirement

as will one quart of milk.
content

Vegetables also are high in riboflavin vitamin

-

2

-

of Health, Dr. Sebrell and his co-workers reported that dogs suffer sudden
collapse and death unless a sufficient amount of the riboflavin vitamin is
included in the diet.

Oft*

.
the studies on the importance of riboflavin in the diet of human

A
beings, eighteen adult women were given a daily ration consisting of cornmeal
(9.5 oz.), cowpeas (O.4 8 oz.), lard (1.625 oz.), casein (2.4-3 oz.), flour
(0.75 oz.), white bread (3.6 oz.), calcium carbonate (3 grams), tomato juice
(4. oz.), cod liver oil (0.5 oz.), sirup (4-75 oz.) and sirup of iodide of
iron (2 drops).

In addition,on the 86th day, all were started on a weekly

supplement of 30 mg. of crystelline ascorbic acid and 3*3 mg. of crystalline
thiaminchloride•
Ten of the eighteen women developed lesions of the lips in 94 to 130
days after the beginning of the experiment.

In most of these cases, the

symptoms disappeared in 5 or 6 days following the inclusion of the riboflavin
vitamin in the diet.
Dr. Sebrell and Dr. Butler have suggested that the term "ariboflavinosis”
be added to the vitamin deficiency diseases to denote the clinical condition
due to lack of riboflavin.
Riboflavin has an unusual history in that it was discovered quite acci­
dentally and not during the course of feeding experiments.

The first recogni­

tion of this vitamin came from chemical studies on tissue extracts and on
enzymes.

It was probably first recognized in 1879 as lactrochrome, or the

water-soluble pigment in milk.

The isolation, proof of structure, and

synthesis, however, have all been done in the last eight years.

The vitamin

riboflavin has a structure which is probably rather difficult for the body to
construct.

It must, therefore, be present in our diet.

The daily human requirement of riboflavin may be estimated at 1-2 mg.

TREASURY DEPARTMENT
U. S. Public Health Service
Washington

FOR

Recent experiments u n d e rta k e n by the National Institute of Health of
the U. S. Public Health Service indicate a suspected but hitherto unproved
importance of riboflavin (one of the Vitamin "B" group) in human diet.
The studies undertaken by Dr. W. H. Sebrell, Surgeon, and Dr. R. E.
Butler, Passed Assistant Surgeon, of the Public Health

^

1±h-

?&•) clearly showed that individuals
on a diet which is lacking in the vitamin riboflavin develop lesions of the
lips.
The importance of the vitamin in human nutrition was further attested
by the marked improvement which was shown in the patients after the vitamin
riboflavin was restored to the diet.
Riboflavin is one of the vitamins which can be dissolved in water and
is not destroyed by ordinary heating or cooking processes.

It is considered

one of the more important member of the Vitamin B,group although in the
early days it was classified separately as Vitamin G.
The vitamin riboflavin is widely distributed in nature in such foods
as milk and other dairy products, meat, eggs, and green leafy vegetables.
Liver and dried brewers yeast are especially good sources of this important
vitamin.
Various studies have shown that the riboflavin is essential to rats,
chickens and other animals.

It also has been demonstrated that even some

of the bacteria which grow in milk require the vitamin for their growth and
development.
As a result of earlier studies and observations at the National Institute

TREASURY

DEPARTM ENT

U. S. P U B L IC H EALTH S E R V IC E

MEMORANDUM
DATE Jan u ary 3 , 1 9 3 9
from :

Ernest R. Bryan

T0.

Mr. Schwarz
Attached is a proposed release on riboflavin (one of the Vitamin

nB n group)•

TREASURY DEPARTMENT
U.S. Public Health Service
Washington
FOR RELEASE, MORNING NEWSPAPERS,
Friday, January 6, 1939.
1-5-39

\
Press Service
No. 15-93

Recent experiments undertaken b y the National Institute of Health of the
United States Public Health Service indicate a suspected but hitherto.unproved
importance of riboflavin (one of the Vitamin HB !t group) in human diet.
The studies undertaken by Dr. W. H. Sebrell, Surgeon, and Dr. R. E. Butler,
Passed Assistant Surgeon, of the Public Health Service, described in the current
issue of PUBLIC HEALTH REPORTS, clearly showed that individuals on a diet which
is lacking in the vitamin riboflavin develop lesions of the lips.
The importance of the vitamin in human nutrition was further attested by
the marked improvement which was shown in the patients after the vitamin ribofla­
vin was restored to the diet.
Riboflavin is one of the vitamins which can be dissolved in water and is
not destroyed by ordinary heating or cooking processes.

It is considered one of

the more important members of the Vitamin B group although in the early days it
was classified separately as Vitamin G.
The vitamin riboflavin is widely distributed in nature in such foods as
milk and other dairy products, meat, eggs, and green leafy vegetables.

Liver and

dried brewers yeast are especially good sources of this important vitamin.
Various studies have shown that the riboflavin is essential to rats,
chickens and other animals.

It also has been demonstrated that even some of the

bacteria which grow in milk require the vitamin for their growth and development»
As a result of earlier studies and observations at the National Institute
of Health, Dr. Sebrell and his co-workers reported that dogs suffer sudden col­
lapse and death unless a sufficient amount of the riboflavin vitamin is included
in the diet»

- 2 -

In tho studies on the importance of riboflavin in the diet of human beings,
eighteen adult women we re given a daily ration consisting of cornmeal (9.5

cz» ) ,

cowpeas (0.48 oz.), lard (1.625 oz.)» casein (2*43 oz.), flour (0.75 oz.)» white
bread (3»6 oz*), calcium carbonate (3 grams), tomato juice (4 oz.), cod liver oil
(0.5 oz;), sirup (4.75 oz.) and sirup of iodide of iron (2 drops).

In addition,

on the 86th day, all were started on a weekly supplement of 30 mg. of crystalline
ascorbic acid and 3.3 mg. -of crystalline thiaminchloride.
Ten of the eighteen women developed lesions of the lips in 94 to 130 days
after the beginning of the experiment*

In most of these cases, the symptoms dis­

appeared in 5 or 6 days following the inclusion of the riboflavin vitamin in the
diet.
Dr. Sebrell and Dr. Butler have suggested that the term r,ariboflavinosisH
be added to tho vitamin deficiency diseases to denote the clinical condition due
to lack of riboflavin.
Hiboflavin has an unusual history inthat it was discovered quite accident­
ally and not during the course of feeding experiments*

The first recognition of

this vitamin cane from chemical studies on tissue extracts and on enzymes#

It

was probably first recognized in 1879 as lactrochrome, or the water-soluble pigment
in milk.

The isolation, proof of structure, and synthesis, however, have all been

done in the last eight years.

The vitamin riboflavin has a structure which is

probably rather difficult for the body to construct.

It must, therefore, be

present in our diet.
The daily human requirement of riboflavin may be estimated at 1— 2 mg.
is not difficult to meet this requirement through the use of ordinary diets.

It
Forty

to eighty grams of fresh liver will supply tho requirement as will one quart of
milk.

Vegetables also are high in riboflavin vitamin content.
— oOo—

TREASURY DEPARTMENT
U.S. Public Health Service
Washington
FOR RELEASE, MORNING NEWSPAPERS,
Friday, January 6» 1939,________
1-5-39

Press Service
No. 15-93

Recent experiments undertaken h y the National Institute of Health of the
United States Public Health Service indicate a suspected but hitherto.unproved
importance of riboflavin (one of the Vitamin ,,B ,i group) in human diet.
The studies undertaken by Dr. W. H. Sebrell, Surgeon, and Dr. R. E. Butler,
Passed Assistant Surgeon» of the Public Health Service, described in the current
issue of PUBLIC HEALTH REPORTS, clearly showed that individuals on a diet which
is lacking in the vitamin riboflavin develop lesions of the lips.
The importance of the vitamin in human nutrition was further attested by
the marked improvement which was shown in the patients after the vitamin ribofla­
vin was restored to the diet.
Riboflavin is one of the vitamins which can be dissolved in water and is
not destroyed by ordinary heating or cooking processes.

It is considered one of

the more important members of the Vitamin B group although in the early days it
was classified separately as Vitamin G.
The vitamin riboflavin is widely distributed in nature in such foods as
milk and other dairy products, meat, eggs, and green leafy vegetables»

Liver and

dried brewers yeast are especially good sources of this important vitamin*
Various studies have shown that the riboflavin is essential to rats,
chickens and other animals.

It also has been demonstrated that even some of the

bacteria which grow in milk require the vitamin for their growth and development*
As a result of earlier studies and observations at the National Institute
of Health, Dr* Sebrell and his co-workers reported that dogs suffer sudden col­
lapse and death unless a sufficient amount of the riboflavin vitamin is included
in the diet

* 2 -

In tho studios on the importance of riboflavin in the diet of human beings*
eighteen adult women were given a daily ration consisting of cornmeal (9.5 C2«),
cowpeas (0.48 oz.), lard (1.625 oz.), casein (2.43 oz.), flour (0.75 oz.), white
bread (3.6 oz.), calcium carbonate (3 grams), tomato juice (4 oz.), cod liver oil
(0.5 oz;)» sirup (4.75 oz.) and sirup of iodide of iron (2 drops).

In addition,

on the 86th day, all were started on a weekly supplement of 30 mg. of crystalline
ascorbic acid and 3.3 mg. -of crystalline thiaminchloride.
Ten of the eighteen women developed lesions of the lips in 94 to 130 days
after the beginning of the experiment.

In most of these cases, the symptoms dis­

appeared in 5 or 6 days following the inclusion of the riboflavin vitamin in the
diet.
Dr. Sebrell and Dr. Butler have suggested that the term »ariboflavinosis”
be added to the vitamin deficiency diseases to denote the clinical condition due
to lack of riboflavin.
Riboflavin has an unusual history inthat it was discovered quite accident­
ally and not during the course of feeding experiments.

The first recognition of

this vitamin came from chemical studies on tissue extracts and on enzymes.

It

was probably first recognized in 1879 as lactrochrome, or the water-soluble pigment
in milk.

The isolation, proof of structure, and synthesis, however, have all been

done in the last eight years.

The vitamin riboflavin has a structure which is

probably rather difficult for the body to construct.

It must, therefore, be

present in our diet.
The daily human requirement of riboflavin may be estimated at 1— 2 mg.
is not difficult to meet this requirement through the use of ordinary diets.

It
Forty

to eighty grams of fresh liver will supply the requirement as will one quart of
milk.

Vegetables also are high in riboflavin vitamin content.
•— oOo-—

Stai»

I o m (Goni*)

Hebraska

fona

C ity or County

Cedar Sapida

1

Davenport
Scattered

?

Holbrook

40
259

y
1,500
1,000
1,000
1,000

4

Gibbon
Shelton

1
1
50

Scattered
Sioux Falla
Lincoln County

1,400
1,035
400
368
124
67
260
1,571

Soattered

North Dakota

Bel&field

Colorado
California

Soattered
Soattered
Scattered
Scattered

Idaho

4
1

Total

fl& tflu S tib L . l-Kciuu^

EattaariUnt
Acreage
Equivalerti

Alliance

South Dakota

Bound®

*
26,131

|!Otuw.^s
.......

^..Jj.......

.397
1.200
.005
1.192
.298
1.808
.1 9 8

.596
.695
19.872
.205
1.669
.470

.002
.001
2.03S
15,132.619

111111 ' *1"

*5

State

City or County

Tons

Bounds

Estimated
Acreage
Equivalent.

Indiana (Cent«}

Wisconsin

Texas
Missouri

Sansas
Minnesota

Iosa

Ohio County
Barter County
8
Pulaski County
40
St* Joseph County
1170
Starke County
yxor
Steuben County
620
Sullivan County
Zi
Switzerland County
162
Tippecanoe County
28
Vigo County
71
Vermillion County
a
Warren County
3
White County
126
Buffalo County
11
Columbia County
51
Crawford County
9
Bane County
266
Bodge County
1
Grant County
273
Green County
519
Iowa County
377
Jefferson County
45
LaCrosse County
20
Lafayette County
200
Milwaukee County
1
Racine County
Richland County
1
Rock Comity
319
Sauk County
13
Trempealeau County
6
Vernon County
15
Walworth County
46
Waukesha County
7
Balias
6
Willacy Gbunty
6,289
Kansas City & Vicinity
40
St* Louis
9
Buckner
1%
Scattered
Barber & Ottowa Counties
1
Scattered
1
St. Paul
1,045
Minneapolis
1,020
Worth ft-airte
2
Bowlus
4
Little Falls
1
Avon
Franconia
Scattered
79
6
Mt* Pleasant

200

.050
4.000
20.000

585.000
1500.000
310.000

11.000

-

1,800

100
1*700

1,36 0
750
260
1,700
400
300
1,275
575
1,300
336
6OO
1,600
1,164
1,200
65O
305

1,860
1,52 0
500
524
62
538
974

1,473
1,0 6 7

616
575

750
1,000
1,000

113
1,548

81.000
24.000
37.725
1.000

1.500
63.000
21.021
98.639
18.415

506.753
2.149
520.974
987.729
717.968
86.821
38.595
381.717
2.000

.fio
3*424

607.974
25.872
I2 .O32
28.826
87.510
I 5 .O86
2.584
2,500.000
16.002
3*750
70.005
.193

.690

.609

415. 3a

405.440
.909
I.738
.397
.198
.198
31.421
2.692

State

City or County

Tons

Pounds

Estimated
Acreage
Equivalent

Illinois (Cant.)

Indiana

Kendall County
Knox County
LaSalle County
Lee County
Mason County
McHenry County
Ogle County
Peoria Comity
Putnam County
Sangamon County:
Springfield
Other
St. Clair County:
last St. Louis
Other
Stephenson County
Teseseli County
Vermillion Comity
Whiteside County
Will County
Winnebago County
Southern 111. not i den­
tified as to Counties
Adams County
Allen County
Bartholomew County
Carroll County
Cass County
Dearborn County
Elkhart County
Fountain County
Fulton Comity
Harrison County
Jackson County
Jasper County
Jefferson County
Johnson County
Kosciusko County
Lake County
LaGrange Comity
LaPorte County
Marion Comity:
Indianapolis
Other
Miami Comity
Montgomery County
Morgan County
Newton County
Noble County

137.500

275

190
4
18
4

500

95.000
2.125
9*000

500

2.125

127
189
; SU)

1,000

57.000
63 .7 »

2
12

1,557

1.104
6.000

32

222

12.762

4

500

XU

500

26
4
307
45

6
128

22.500
3.00

1,0 0 0

565.000
.050

6.000

12

100
26
4

400
1,0 0 0

247
2

50.000
13*000
2.000
.100
39.250
123.500

1.000
1150.000

2300

37.000
10.000
336.000

74
20

672
1,264

2
26
4
1
10

64.250
444.000
2.000
2.000
1.000
2.000

200

227
4

2.125
13.000
2.000
153 . » »

838
4
4
2
4
2190

78

94.625
405.000

90.473
2.000
1.000

13*000
2.000
1,000

.750
5.000

October 19* 193°
State

Vermont
Connecticut
Hew York

City or County

Tons

Alborg
New Haven
20
New York Gity
Buffalo
3
23
Albany & Vicinity
Schenectady
Vicinity
1
Hudson
2
Scattered
62
Jersey Gity
Newark
45
Elizabeth
11
Hoboken
Vicinity
Philadelphia
203
Chester
Vicinity
Newport
Lexington
Evansville
2
Durand
flint
Grand Rapids
3
2
Port Huron
Washtenaw County
14
Wayne County
Counties of Cass* Allegan*
Lapeer* Livingstone, Isabella »
Jackson, Monroe, Montcalm,
Huron* Tuscola
19
Scattered
Cleveland
4
2
Dayton
2
Toledo
Hamilton
3
Oxford
5
2
Midland
Franklin County
251
Greene County
34
1
Scattered
142
Boone County
2
Bureau County
Carroll Comity
74
Cass County
155
Cook County
51
209
DeKalb County
62
Hancock County
80
Henderson
Iroquois County
15
Jo Daviess County
54
166
Kane County

&

Mew Jersey

Pennsylvania
Kentucky
Mississippi
Michigan

&
&

U

22

6

Ohio

Illinois

fmmda

Estimated
Acreage
Equivalent

.094
•276

474
1,389
1,375
i,6a

1.518

406
482

9 .222
5.660

778
517
1,820
590
1,880
1,765
1,095

.552
.897
25.003
18.002
9.117
4.722
80.901

1 ,2 1 1

•240

18
1,306

.003
♦255
♦019
.993
.390

111
1,000
1,967
523

1,0 0 0
1,050
1,680

8*222

1.296
.993
5.773
♦333

133
1,115

7.578

1 ,8 5 0
862
862

1.957

530
1,180

1.297

1 ,0 0 0

.993
100.015
13.805

1,280
1,470
930

2.606
.966
*966
2.221

.582
71.000

1.000

1 ,0 0 0

37.000
77.500
25.500
104.750

1,000

27.000
83.250

31.000
40.000

1.500

" V

¿I

t 5

/ f 3

C o m m i s s i o n e r of N a r c o t i c s Harry.J.
announced
local

that

police

T r e a s u r y Agents,

authorities

and

aided

civic

by

Anslinger

other Federal

officials,

had

today

POR E
Monda

1- 6- :

age n c i e s ,

destroyed

Agent
26,131

tons

of m a r i h u a n a

found growing wild

on 15,1 3 2

acres

of

cials
land

in 1938

in t w e n t y - t h r e e

states.

'

of la
" The
carried

on among

educational

responsible

camp a i g n T r e a s u r y agents have

State,

C ounty and local

authorities

State
and

civic

leaders has

a m r x*
ly

ifeTiifi)

Anslinger

enlisted a gigantic

corps w h i c h is

____

ikfmlKSSESBt f o r

marihuana

growing w i l d , " Commissioner

corps

said.

sa i d .
The Works Progress Administration,

Alcohol

constant

Tax Unit

and various

city

forces helped

t h e T r e a s u r y ’s

the B u r e a u

vario

of

follo
Narcotics

to eradicate marihuana

in the

following

states: Vermont 1

Ken to
Connecticut,

N e w York,

N e w Jersey,

Pennsylvania,

Kentucky,

Mis so
Mississippi,

Michigan,

Ohio,

Illinois,

Indiana,

Wisconsin,

and I
Texas,

Missouri,

Colorado,

Kansas,

California and

Minnesota,

Iowa,

Nebraska,

S o u t h Dakota,

Idaho.

was d
A table,
the

states

showing

in which m a r i h u a n a was

the

cities

destroyed,

and

counties

follows:

of

TREASURY ■DEPARTMENT
Washington

iodayj

FOR RELEASE, AFTERNOON NEWSPAPERS,
Monday, January 9, 1939.
1-6-39

Les, I

Press Service
No. 15-94

Commissioner of Narcotics Harry J. Anslinger today announced that Treasury
Agents, aided by other Federal agencies-, local police authorities and civic offi­

>f

cials, had destroyed 26,131 tons of marihuana found growing wild on 15,132 acres
of land in 1938 in twenty-three States.
rtThe educational campaign Treasury-Agents have carried on among responsible

ie s
ta n ti

State, county and local authorities and-civic leaders has enlisted a gigantic
corps which is constantly alert for marihuana growing wild,n Commissioner Anslingersaid.
The Works Progress Administration, the Treasury1s Alcohol Tax Unit and

r y ’sl

various city forces helped the Bureau of Narcotics to eradicate marihuana in the
following States? Vermont, Connecticut, New York, New Jersey, Pennsylvania,

monti
Kentucky, Mississippi, Michigan, Ohio, Illinois, Indiana, Wisconsin, Texas,
Missouri, Kansas, Minnesota, Iowa, Nebraska, South Dakota, Colorado, California
and Idaho*

ota,|
A table, showing the citios and counties of the States in which marihuana
was destroyed, follows?

f

1
~ 2 -

October 19, 1938,
State

City or County

Alburg
New Haven
New York City
Buffalo
Albany & Vicinity
Schenectady & Vicinity
Hudson
Scattered
Jersey City
New Jersey
Newark
Elizabeth
Hoboken & Vicinity
Pennsylvania Philadelphia
Chester & Vicinity
Newport
Kentucky
Lexington
Evansville
Mi ssissippi
Durand
1 Michigan
Flint
Grand Hep ids
Port Huron
Washtenaw County
Wayne County
Counties of Cass, Allegan,
Lapeer, Livingstone, Isabella,
Jackson, Monroe, Montcalm,
Boron, Tuscola
Scattered
Cleveland
Ohio
Dayton
Toledo
Hamilton
Oxford
Midland
Franklin County
Greene County
E
n
Scattered
Boono County
Illinois
Bureau County
Carroll County
Cass County
Cook County
DeKalb County
Hancock County
Henderson
Iroquois County
<
Jo Daviess County
Kane County
1

Vermont
Connecticut
New York

Tons

,,'
20
3
23
14
1
~2
62
45
22
11
203

23
2
14

19
6
4
2
2
3
5
2
251
34
1
142
2
74
155
51
209
62
80
15
54
166

Pounds

Estimated
Acreage
Equivalent

.474
1,389
1,375
1,641
406
482
778
517
1,820
590
1,880
1,765
1,095
1,211
18
1,306
111
1,000
1,967
523
1,000
1,050
1,680

>094
•276
8.222
1.518
9,222
5,660
•552
.897
25.003
18.002
9.117
4,722
80.901
.240
.003
.255
.019
.993
.390
1.296
.993
5.773
.333

133
1,115
1,850
862
862
530
1,180
1,000
1,280
1,470
930

7.578
2.606
1.957
.966
.966
1.297
2.221
.993
1C0.015
13.805
.582
71.000
1.000
37.000
77.500
25.500
104.750
31.000
40.000
7.500
27.000
83.250

1,000

1,000

T
—
1

¡1

1

|l

'11

11

- 3 -

Stcte '

City ©r County

Illinois (Cent.)

Kendall County
Knox County
LaSalle County
Lee County
Mason County
McHenry County
Ogle County
Peoria County
Putnam County
Sangamon County:
Springfield
Other
St. Clair County:
East St. Louis
Other
Stephenson County
Tazewell County
Vermillion County
Whiteside County
Will County
Winnebago County
Southern 111, not iden­
tified as to 4teunties
Adams County
Allen County
Bartholomew County
Carroll County
Cass County
Dearborn County
Elkhart County
Fountain County
Fulton County
Harrison County
Jackson County
Jasper County
Jefferson County
Johnson County
Kosciusko County
Lake County
Larrange County
LoPorte County
Marion County:
Indianapolis
Other
Miami {Jounty
Montgomery County
Morgan County
Newton County
Noble County

Indiana

Tons

275
190
4
18
4
114
127
189
810

Pounds

500
500
1,000
500

2
12

1,557

32
4
26
4
307
45
6
128

222
500

1.104

12,762
2.125
13.000

2 .0 0 0

1,000

153.500
22.500
3.00
64.250
444.000

2 .0 0 0
2 .0 0 0
1.000

2 .0 0 0
200

12
100
26
4

227
4
2
26
4
1
10

137.500
95.000
2*125
9.000
2.125
57.000
63.750
94.625
405.000

6 .0 0 0

888
4
4
2
4
1130

78
247
2
2300
74
20
672

Estimated
Acre ago
Equivalent

400
1,000

565.000
.050
$.000
50.000
13.000

2 .0 0 0
.1 0 0
39.250
123.500
1.000
1150.000
37.000

1 0 .0 0 0
336.000
1,264

90.473

2 .0 0 0
1.000
13.000

2 .0 0 0
1,000

.750
5.000

- 4 -

State

City or County

Indiana (Cont.)

Ohio County
Porter County
Pulaski County
St. Joseph County
Starke County
Steuben County
Sullivan County
Switzerland County
Tippecanoe County
Vigo County
Vermillion County
Warren County
White Courty
Buff.alo County
Columbia County
Crawford County
Dane County
Dodge County
Grant County
Green County
Iowa County
Jefferson County
LaCrosse County
Lafayette County
Milwaukee County
Bacine County
Bichland County
Bock County
Sauk County
Trempealeau County
Vernon County
Walworth County
Waukesha County
Dallas
Willacy County
Kansas City & Vicinity
St. Louis
Buckner
Scattered
Barber & Ottawa Counties
Scattered
St. Paul
Minneapolis
Forth Prairie
Bowlus
Little Palls
Avon
Franconia
Scattered
Mt# Pleasant

Wisconsin

Texas
Missouri

Kansas
Minnesota

Iowa

Tons

Pounds

200
8
•• 40
1170
3000
620
22
162
28
71
2

1,800

TT

Ó

126
11
51
9
266
1
273
519
377
.45
20
200
1
1
319
13
6
15
46
7
6
6,289
40
9
176
1
1
1,045
1,020
2
4
1

79
6

100
1,700
1,360
750
260
1,700
400
800
1,275
575
1,300
336
600
1,600
1,164
1,200
650
305
1,860
1,510
500
524
62
538
974
1,473
1*067
616
575
750
1,000
1,000
113
1,548

Estimâtod
Àcroage
Eçjuivrl ent

.050
4.000
20.000
585.000
1500.000
33.0.000
11.000
81.000
14.000
37.725
1.000
1.500
63.000
21.021
98.639
18.415
5C6.753
2.149
520.974
987.729
717.968
86.821
38.595
381.717
2.000
.570
3.424
607.974
25.872
12.032
28.826
87.510
15.086
2.584
2,500.000
16.002
3.750
70.005
.193
.690
.609
415.341
405.440
.909
1.738
.397
.198
•198
31.421
2.692

- 5 -

State

City or County

Tons

Iowa (Cont.)

Cedar Rapids
Davenport
Scattered
Holbrook
Alliance
Gibbon
Shelton
Scattered
Sioux Palls
Lincoln County
Scattered
Belafield
Scattered
Scattered
Scattered
Scattered

1
3

Nebraska

South Dakota

North Dakota
Colorado
Calif ornia
Idaho

Pounds

5

1,035
400
368
124
67
260

.397
1.200
•005
1.192
.298
1.808
.198
.596
.695
19.872
' .205
1.669
.470
.002
.001
2.038

26,131

1,571

15,132.619

40
259

3
4
1
1
50
4
1

Total

1,500
1,000
1,000
1,000
1,400

(Total tons includes odd figures in pounds converted into tons.)

— 0O 0

Estimated
Acreage
Equivalent

3

and to the Government.

It will eliminate the repetitious steps and

protracted delays which it has been found impossible to avoid under
the old plan of concentrated consideration of tax disputes at Wash­
ington.

It will permit prompt action on all contested cases at a

point near to the taxpayer, and to the sources of evidence regarding
his transactions.

It will provide an able and impartial administra­

tive body to which any taxpayer can have recourse in his own community
should he wish to contest the findings of the agency which examined
his return in the first instance. I From the results so far achieved

1
it is expected that the new plan will generally result not only in
great convenience to taxpayers, but also in quicker administrative
decisions and fewer appeals from the Bureau of Internal Revenue to
the Board of Tax Appeals and the Courts.

It will be of special

benefit to taxpayers residing at a distance from Washington, par­
ticularly those of small means who are financially unable to employ
counsel.

The Western Division, April 1, 1939, consisting of the States
of New Mexico, Colorado, Wyoming, Nebraska, Kansas, Iowa, and
Missouri, with offices at Denver, Omaha, Kansas City, and St. Louis.
The Atlantic Division, May 1, 1939, consisting of the States of
Delaware, Maryland, Virginia, West Virginia, and North Carolina, and
the District of Columbia, with headquarters at Washington.
The Southern Division, May 1, 1939, including the States of Florida
South Carolina, Georgia, Alabama, and Tennessee, with headquarters at
Birmingham.
Under the new procedure, the investigation of tax returns will be
conducted by the internal revenue agents as heretofore, and upon the
completion of such an investigation the taxpayer will be notified of
any adjustments which the law and regulations appear to require.

The

internal revenue agent in charge will undertake, by correspondence or
conference, to' secure the taxpayer’s agreement to such adjustments,
but if the taxpayer finally protests, his case will be referred for
hearing to the proper division of the Technical Staff, instead of
to the Bureau at Washington as has been done under the old system.
The Staff Division will accord hearings to the taxpayer at the most
.
■
—■>
convenient local office, give full consideration to his objections,
and make a final administrative determination with respect to all
matters in dispute, subject only to appeal to the Board of Tax Appeals
and the Courts.
The new system, which will be completely effective in all parts
of the country by May 1, amp*} has many advantages both to taxpayers

MR. SCHWARZ
'
to
, January ^
1959.
Herewith I hand you the draft of a
press release announcing the estab­
lishment of the remaining field divi­
sions of the Technical Staff.
This is in accord with our conversa­
tions a week or so ago.

i S ' - °\

ay announced the schedule for the
aid divisions of the Technical Staff

, under the decentralization system
You will recall that the entire sched­
ule is included by Mr. Helvering in the
petary Morgenthau and Commissioner
article which he has submitted for
publication in the January issue of
¡Lng for the settlement of income- and
the "Trust Bulletin.”
This has now been approved by Mr.
Helvering.

n operation:

The Pacific Division,

pbisdiction over cases originating in
California, Idaho, Montana, Utah,
,i;|f Alaska and Hawaii; the New York
f38, with jurisdiction over cases
Prom:
<aij.Dj.ng,

MR. GRAPHS
ah

1/9/39

¿Mew iuxis. oucit/G, UU.G vJju.
1 cago Division, established September

1, 1938, with jurisdiction over cases originating in the States of
Illinois, Indiana, Wisconsin, Minnesota, and North and South Dakota;
and the Central Division, established January 1, 1939, with jursidiction over cases originating in Michigan, Ohio, and Kentucky.
additional divisions will be established as follows:
The New England Division, February 1, 1939, with offices at
Boston and New Haven, to have jurisdiction over cases originating in
the six New England States,
The Eastern Division, March 1, 1939, embracing Pennsylvania and
New Jersey, with offices at Pittsburgh, Philadelphia, and Newark.
The Southwestern Division, April 1, 1939, including the States
of Mississippi, Louisiana, Texas, Oklahoma, and Arkansas, with local
offices at New Orleans, Houston, Dallas, and Oklahoma City.

iù

Draft of Press Release fV>r 11

January ft, 1939.

1

^

The Treasury Department to-day announced the schedule for the
establishment of

ining field divisions of the Technical Staff

of the Bureau of Internal Revenue, under the decentralization system
which has been inaugurated by Secretary Morgenthau and Commissioner
of Internal Revenue Guy T. Helvering for the settlement of income- and
estate-tax cases*
Four such divisions are now in operation:

The Pacific Division,

established July 1, 1938, with jurisdiction over cases originating in
the States of Washington, Oregon, California, Idaho, Montana, Utah,
and Arizona, and the Territories of Alaska and Hawaii; the New York
Division, established August 1, 1938, with jurisdiction over cases
arising in New York State; the Chicago Division, established September
1, 1938, with jurisdiction over cases originating in the States of
Illinois, Indiana, Wisconsin, Minnesota, and North and South Dakota;
and the Central Division, established January 1, 1939, with jursidiction over cases originating in Michigan, Ohio, and Kentucky.

'jL

pmi additional divisions will be established as follows:
The New England Division, February 1, 1939, with offices at

Boston and New Haven, to have jurisdiction over cases originating in
the six New England States*
The Eastern Division, March 1, 1939, embracing Pennsylvania and
New Jersey, with offices at Pittsburgh, Philadelphia, and Newark*
The Southwestern Division, April 1, 1939, including the States
of Mississippi, Louisiana, Texas, Oklahoma, and Arkansas, with local
offices at New Orleans, Houston, Dallas, and Oklahoma City

TREASURY DEPARTMENT
Washington

FOR RELEASE, AFTERNOON NEWSPAPERS,
Tuesday, January 10, 1939,_______
1-9-39

Press Service
N o * 15-95

The Treasury Department today announced the schedule for the establishment
of six remaining field divisions of the Technical Staff of the Bureau of Internal
Revenue, under the decentralization system which has been inaugurated by Secretary
Morgenthau and Commissioner of Internal Revenue Guy T. Helvering for the settle­
ment of income- and estate-tax cases.
Pour such divisions are now in operation!

The Pacific Division, established

July 1* 1938, with jurisdiction over cases originating in the States of Washington,
Oregon, California, Idaho, Montana, Utah, and Arizona, and the Territories of
Alaska and Hawaii; the New York Division, established August 1, 1938, with juris­
diction over cases arising in New York State; the Chicago Division, established
September 1, 1938, with jurisdiction over cases originating in the States of
Illinois, Indiana, Wisconsin, Minnesota, and North and South Dakota; and the
Central Division, established January 1, 1939, with jurisdiction over cases origi­
nating in Michigan, Ohio, and Kentucky.
The additional divisions will be established as follows:
The New England Division, February 1, 1939, with offices at Boston and New
Haven, to have jurisdiction over cases originating in the six New England States#
The Eastern Division, March 1, 1939, embracing Pennsylvania and New Jersey,
with offices at Pittsburgh, Philadelphia, and Newark,,
The Southwestern Division, April 1, 1939, including the States of Mississippi
Louisiana, Texas, Oklahoma, and Arkansas, with local offices at New Orleans, Houstor
Dallas, and Oklahoma City.
The Western Division, April 1, 1939, consisting of the States of New Mexico,
Colorado, Wyoming, Nebraska, Kansas, Iowa, and Missouri, with offices at Denver,

- 3 *

Omaha, Kansas City» and St. Louis.
The Atlantic Division, May 1, 1939, consisting of the States of Delaware,
Maryland, Virginia, West Virginia, and North Carolina, and the District of Columr*
bia, with headquarters at "Washington."

, ~

...................

The Southern Division, May 1, 1939, including the States of Florida, South
Carolina, Georgia, Alabama, and Tennessee,-with headquarters at Birmingham.
Under the new procedure, the investigation of tax returns will be conducted
by the internal revenue agents as heretofore, and upon the completion of such an
investigation the taxpayer will be notified of any adjustments which the law and
regulations appear to require.

The internal revenue agent in charge will under-*

take, by correspondence or conference, to secure the taxpayer*s agreement to such
adjustments, but if the taxpayer finally protests, his case will be referred for
hearing to the proper division of the Technical Staff, instead of to the Bureau
at Washington as has been done under the old system.
The Staff Division will accord hearings to the taxpayer at the most con­
venient local office, give full consideration to his objections, and make a final
administrative determination with respect to all matters in dispute, subject only
to appeal to the Board of Tax Appeals and the Courts.
The new system, which will be completely effective in all parts of the
country by May 1, has many advantages both to taxpayers and to the Government.

It

will eliminate the repetitious steps and protracted delays which it has been found
impossible to avoid under the old plan of concentrated consideration of tax dispute?
at Washington.

It will permit prompt action on all contested cases at a point

near to the taxpayer, and to the sources of evidence regarding his transactions.
It will provide an able and impartial administrative body to which any taxpayer
can have recourse in his own community should he wish to contest the findings of
the agency which examined his return in the first instance.

- 3 -

3Prom the results so far achieved it is expected that the new plan will
generally result not only in great convenience to taxpayers, hut also in quicker
administrative decisions and fewer appeals from the Bureau of Internal Revenue to
the Board of Tax: Appeals and the Courts.

It will he of special benefit to tax­

payers residing at a distance from Washington, particularly those of small means
who are financially unable to employ counsel..

— 0O 0 —

T f t M O H T DSPaRfMERT

Washington

mmnm wmpmm

Press Service

,
Tuesday, January 10. 1939._____
1/9/39
fob

tojasi

The Secretary of the Treasury announced last evening that the
tenders for #100,000,000, or thereabouts, of 91-day Treasury hills,
to be dated January 11 and to mature April IS, 1939, which were offered
on January 6, were opened at the Federal Reserve banks on January 9,
The details of this Issue are as follows!
Total applied for
Total accepted

- #373,987,000
* 101,341,000

The accepted bids were tendered at prices slightly above par and
at par*

Of the amount tendered at par, 47 percent was accepted.

TREASURY DEPARTMENT
Washington

Press Service
No. 15-96

POR RELEASE, MORNING NEWSPAPERS,
Tuesday, January 10, 1939.
1-9-39

The Secretary of the Treasury Announced last evening that the tenders
for $100,000,000» or thereabouts, of 91-day Treasury bills, to be dated
January 11 and to nature April 12, 1939, which were Offered on January 6,
were opened at the Federal Reserve banks on January 9*
The details of this issue are as follows:
Total applied for
Total accepted

- $373,987,000
- 101,341,000

The accepted bids were tendered at prices slightly above par and at
par.

Of the amount tendered’at par, 47 percent was accepted.

■oOo—

‘IMPORTATIONS OF CATTLE AMD CREAM UNDER THE QUOTA
PROVISIONS OF THE CANADIAN TRADE AGREEMENT
Preliminary Figures for the Calendar Year 1938

Customs District

m
CATTLE 700#
CATTLE
DAIRY COWS
è
: UNDER 175# „
OR MORE
„ 700# OR MORE -J CREAM .
(Head)
(Head)
(Head)
: (Gal.)

TOTAL IMPORTS
Percent of Quota

401980
*8.9#

124,903
80.2%

6,095
181
1
146

FROM CANADA
Alaska
Buffalo
Chicago
Dakota
Duluth & Superior
Maine & N. H.
Massachusetts
Maryland
Michigan
Minnesota
Montana & Idaho
New York
Omaha
Oregon
St* Lawrence
Vermont
Washington
Total from Canada

5,640
665
3,514
38,750

16,118
489
3,408
33
48
111
135
3,742
42,712
2,463
1,199
21
159
579
324
4,866
76,407

FROM MEXICO
Arizona
El Paso
San Antonio
San Diego
Total from Mexico

777
834
609
10
2,230

14,499
27,535
4,504
1,958
48,496

FROM OTHER COUNTRIES
Puerto Rico

rnm

-

55
1,460
94
20,899
»
-

*■

7,372
36.9%

4
59
_

2

5,124
0.34%

6
mm

220

mm

mm

760
80

94

_

mm

4

mm

—

mm

64

mm

_

mm

_

mm

—

1,684
4,385
330
7,372

_

■»

34
4,252
4,606

_

—

»

-

-

-

-

**

(Prepared by Division of Statistics and Research
Bureau of Customs)

518

PRESS RELEASE
The Commissioner of Customs today announced preliminary fig­
ures for imports of cattle and cream, under the quota provisions
of the Canadian Trade Agreement during the calendar year 1938, and
the percentage that such imports bear to the totals allowable
under the quota provisions, as follows:

OFFICE OF THE COMMISSIONER OF CUSTOMS

JAN 111939
MR. GASTON
(Attention of Mr. Schwarz, Room 289, Treasury Building)
FROM THE COMMISSIONER OF CUSTOMS:
There is attached for immediate release a tabulation showing
imports of cattle and cream under the quota provisions of the
Canadian Trade Agreement, during the calendar year 1938.
When the release has been mimeographed, please have 145 copies
forwarded to Mr. Freeman, Room 403, Wilkins Building.

TREASURY DEPARTMENT
Washington
FOR IMMEDIATE RELEASE,
Wednesday, January 11, 1939.

Press Service
No. 15-97

The Commissioner of Customs today announced preliminary figures for imports
of cattle and cream, under the quota provisions of the Canadian Trade Agreement d
during the calendar year 1938, and the percentage that such imports "bear to the
totals allowable under the quota provisions;‘as follows:
•
•

Customs District

TOTAL IMPORTS
Percent of Quota

CATTLE
CATTLE 700# : DAIRY COWS
: UNDER 175# î
OR MORE
700# OR MORE
•
»
(Head). :
(Head)
:
(Head)
40,980
78.9$

124,903
80.2$

6,095

FROM CANADA
Alaska
Buffalo
Chicago
Dakota
Duluth & Superior
Maine & N.H.
Massachusetts
Maryland
Michigan
Minnesota
Montana & Idaho
New York
Omaha
Oregon
St. Lawrence
Vermont
Washington
Total from Canada

5,640
665
3,514
38,750

16,118
489
3,408
33
48
111
135
3,742
42,712
2,463
1,199
21
159
579
324
4,866
76,407

FROM MEXICO
Ari zona
El Paso
San Antonio
San Diego
Total from Mexico

777
834
609
10
2,230

14,499
27,535
4,504
1,958
48,496

FROM OTHER COUNTRIES
Puerto Rico

—

181
1
146
—
—
55
1,460
94
20,899

—

— oOo—

7,372
36.9$

:
i
î

CREAM
(Gal.)
5,124
0.34$

4
59

6

2
—
760
80
—
4

220
—
94
M
—
—

64
—
—

m

■

'
1,684
4,385
330
7,372

—
—
34
4,252
4,606

—

—

—

mm
m .

—

-

-

518

6, 1939

release on sanitary and public health
colleges, based on an article to appear in the
January 13, 1939, Public Health Reports*

Ernest R* Bryan,
Office of Health Education

-

2

-

<1

fcivil engineering courses of forty-five additional colleges include
sanitary engineering subjects requiring up to about 10 percent of the
student’s time|
demand up to about

jjimilar curricula in nineteen other colleges
percent for the study of subjects of primary im­

portance to sanitary engineers.
I| _

The number of graduates from these courses has increased very
materially, especially sincq 1934-* Whether this upward trend will con­
tinue cannot be predicted.

At the present time, h

J ¡
d ^ íW ¡ jjin-—

^iallMtIWliKB^»*’the outlook for those trained in problems relating to the
sanitation of our environment appears to be good*“

* * * * * *

TREASURY DEPARTMENT
U* S. Public Health Service
Washington

/kM%A
^ A** A

cm

. e_

FOR RELEASE

<
ÿÊmÊÊm6miÊii»m£^^tj-five colleges, almost evenly distributed
throughout the country, a i ^ a ^ f f f e r undergraduate courses, some of
them leading to special degrees, in

thejmèke&çissg Tield of sanitary and
A

public health engineering*
Data for this statement were obtained by Arthur B. Miller,
Sanitary Engineer, United States Public Health Service, in answer to
questionnaires sent to more than one hundred engineering colleges of
the United S t a t e ^ ^ K b l i c Health Reports^

•

By comparing the number of colleges giving undergraduate train­
ing in this subject today with those listed in a similar survey of 1929,
it was found that thirteen new colleges are now in this particular
educational field not previously included, and that seven colleges shown
in the former report are not now included.
’’The net increase in the number of colleges giving training to
those wishing to engage in this type of work apparently represents a
healthy growth” ,

t

h

e

,'WiïâspsT^’
nlt is well known that public

health work and the designf^ank construction of "»rrassk^'essentia1 to improving
environmental sanitation have both^gpeuatfrnd in recent years.

The demand

t
for men trained to engage in activities molftifrAwgiu ta^these two
fields has naturally increased

iiliiiwirfini11>1 (tcPprovide the needed personnel^)

cudfc
fen niTinhg'Bwaf training r rn t rr^Hii i~ rr own r” CM**.-

* (j

TREASURY DEPARTMENT
U. S. Public Health Service
Washington
FOR RELEASE, AFTERNOON NEWSPAPERS,
Friday, January 13, 1939.
1-11-39

Press Service
No. 15-98

Twenty-five colleges, almost evenly distributed throughout the country, now
offer undergraduate courses, some of"them leading- to special degrees, in the
expanding field of sanitary and public health engineering.
Data for this statement were obtained by Arthur P. Miller, Sanitary Engineer,
United St ates Public Health Service, in answer to questionnaires sent to more than
one hundred engineering colleges of the United States and described in the current
issue of PUBLIC HEALTH REPORTS.
By comparing the number of colleges giving undergraduate training in this
subject today with those listed in a similar survey of 1929, it was found that
thirteen new colleges-are now in this particular educational field not previously
included, and that seven colleges shown in the former report are not now included*
HTho net increase in the number of colleges giving training to those wishing
to engage in this type of work apparently represents a healthy growth,1! Mr. Miller
said.

**It is well known that public health work and the designing and construction

of projects essential to improving environmental sanitation have both increased
in recent years*

The demand for men trained to engage in activities in these two

specialized fields has naturally increased and more training centers to provide
the needed personnel are required.
irCivil engineering courses of forty-five additional colleges include sani­
tary engineering subjects requiring up to about 10 per cent of the student*s time*
Similar curricula, in nineteen other colleges demand up to about 2-g- per cent for
the study of subjects of primary importance to sanitary engineers.
uThe number of graduates from these courses has increased very materially,
especially since 1934.

Whether this upward trend will continue cannot be predicted*

~

2

-

At the present time, however, the outlook for those trained in problems
relating to the sanitation of our environment appears to he good*1*

0O0

IMPORTS OF DOUGLAS FIR AND WESTERN HEMLOCK UNDER TEE
QUOTA PROVISIONS OF THE CANADIAN TRADE AGREEMENT
Prelim inary Figures fo r the Calendar Year 1938

Customs D is t r ic t
TOTAL IMPORTS
Percent o f Quota

: Sawed Timber and Lumber
WESTERN
: DOUGLAS
:
:
FIR
:
HEMLOCK
: (B d *F t.) :
(B d .F t.)
94,998 ,3 4 9

3 2 ,7 1 9 ,9 4 5

Not S p e c ia lly
: MIXED FIR
: & HEMLOCK
: (Bd. F t .)
4 4 ,5 7 4 ,7 0 9

Provided For
: TOTAL FIR
: & HEMLOCK
: (Bd. F t .)
172,293,003
68.9#

FROM CANADA
Alaska
Bu ffalo
Chicago
Connecticut
Dakota
Duluth & Superior
Hawaii
Iowa
Los Angeles
Maine & N. H.
M assachusetts
Michigan
Montana & Idaho
New York
P h ilad elp h ia
Rhode Islan d
S t . Lawrence
S t . Louis
San Fran cisco
Vermont
Washington
Wisconsin

538,721
1 ,5 9 7 ,7 8 1
48,606
3 ,3 2 0 ,7 3 6
1 6 ,5 3 0 ,0 6 3
9 ,8 3 2 ,2 0 3
1 ,7 3 4 ,2 2 7
25,366
19 ,5 4 9 ,2 0 6
108,678
9 ,5 2 5 ,6 5 3
127,857
15,0 8 4
799,908
14,734 ,3 9 6
2 ,4 1 3 ,1 7 0
40,233
21,117
310,497
305,127
1 3 ,3 86 ,3 9 2
33,328

-

873,907
-

38,059
2 ,9 7 2 ,8 9 2
3 ,6 9 1 ,8 4 6
-

346,949
-

1 6 ,1 9 8 ,2 2 7
298,263
-

10,732
6 ,1 5 7 ,3 9 6
1 ,0 0 0 ,2 1 2
-

-

59,352
19,223
-

-

750,082
-

2 ,5 6 5 ,1 9 9
-

4 1 ,1 3 1 ,3 7 8
-

150
-

150,598
125,700
855,164

4 9 ,325

11

•*

-

538,721
2 ,5 3 1 ,0 4 0
67,829
3 ,3 5 8 ,7 9 5
1 9 ,5 0 2 ,9 5 5
1 3 ,5 2 4 ,0 4 9
1 ,7 3 4 ,2 2 7
25,366
2 0 ,6 4 6 ,2 3 7
108,678
2 8 ,2 8 9 ,0 7 9
426,120
15,084
4 1 ,9 4 2 ,0 1 8
2 0 ,8 9 1 ,7 9 2
3 ,4 1 3 ,3 8 2
40,383
21,117
461,095
430,827
1 4 ,2 9 0 ,8 8 1
33,328

(Prepared by D ivision o f S t a t i s t i c s and R esearch, Bureau o f Customs)

PEISS BELDASE
The Commissioner of Customs today announced preliminary
figures for imports of Douglas fir and Western hemlock, under
the quota provisions of the Canadian Trade Agreement during
the calendar year 1938, and the percentage that such imports
hear to the total allowable under the quota provisions, as
follows:

OFFICE OF THE COMMISSIONER OF CUSTOMS

JA N

1 2 1939

MR. GASTON
(A tten tion o f Mr. Schwarz, Room 289, Treasury Building)
FROM THE COMMISSIONER OF CUSTOMS:
There is attached fo r immediate r e le a s e a ta b u la tio n show­
ing imports o f Douglas f i r and Western hemlock:, under the quota
prov isions o f the Canadian Trade Agreement, during the calendar
year 1938.
When the r e le a s e has been mimeographed, p lease have 145
copies forwarded to Mr. Freeman, Room 404, W ilkins Bu ilding.

TREASURY DEPARTMENT
Washington

FOR RELEASE, MORNING NEWSPAPERS,
Thursday, January 12, 1939.
1-11-39

Press Service
No. 15-99

The Ceramissioner of Customs today announced preliminary figures for imports
of Douglas fir and Western hemlock, under the quota provisions of the Canadian
Trade Agreement during the calendar year 1938, and the percentage that such imports
hear to the total, allowable under the quota provisions, as follows:

Customs District
TOTAL IMPORTS
Percent of Quota

:
Sawed Timber and Lumber
WESTERN
: DOUGLAS
HEMLOCK
î
FIR
5
(Bd.Ft.)
5 (Bd.Ft.)
î
94,998,349

32,719,945

538,721
1,597,781
48,606
3,320,736
16,530,063
9,832,203
1,734,227
25,366
19,549,206
108,678
9,525,653
127,857
15,084
799,908
14,734,396
2,413,170
40,233
21,117
310,497
305,127
13,386,392
33,328

873,907

Not Specially Provided For
: TOTAL FIR
:
MIXED FIR
î & HEMLOCK
:
& HEMLOCK
ï
(Bd.Ft.)
:
(Bd.Ft.)
44,574,709

172,293,003
68.9$

FROM CANADA
Alaska
Buffalo
Chicago
Connecticut
Dakota
Duluth & Superior
Hawai i
Iowa
Los Angeles
Maine & N.H.
Massachusetts
Michigan
Montana & Idaho
New York
Philadelphia
Rhode Island
St.'Lawrence
St. Louis
San Francisco
Vermont
Washington
Wisconsin

-

38,059
2,972,892
3,691,846
—
346,949
16,198,227
298,263
-

10,732
6,157,396
1,000,212

59,352
19,223
-

-

750,082
m
2,565,199

p
41,131,378
-

150
-

150,598
125,700
855,164
~

-

-

49,325
—

538,721
2,531,040
67,829
3,358,795
19,502,955
13,524,049
1,734,227
25,366
20,646,237
108,678
28,289,079
426,120
. 15,084
41,942,018
20,891,792
3,413,382
40,383
21,117
461,095
430,827
14,290,881
33,328