U.S.S. HOUSTON 
MORNING PRESS NEWS -7- 
18 July 1938 
Wa shington, D.C.: NATIONAL NEWS 
Federal Home Loan bank board chairman John H. Fahey replied 
7 to criticism that his agency is imposing harsh terms 
'•rowers. He warned that a proposed three-year moratorium 
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principal of loans would cause the Government grave 
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Washington, D.C. 
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War Department officials said Sunday that the record round-the- 
world flight of Howard Hughes definitely establishes world 
superiority of American commercial and military aircraft. 
Washington , D . C . : 
Secretary of Treasury Henry Morgenthau Jr. announced Sunday that 
5,413,499 persons filed individual tax returns with a total net 
income of $19, 240, 109, 644. 00 in 1936, a gain of 18.3$ in number 
and 89$ in amount over 1935. 
Washington , D . C . : 
4 * 
A message from President Roosevelt, who is fishing in the Pacific, 
will open the first National Health Conference here Monday. 
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Washi ng ton , D . C . : 
The Federal Trade Commission Sunday accused four companies 
engaged in the sale and distribution of glass and in the glazing 
contrasting business of monopolistic practices in the St .Louis 
area. Two organizations of union glazers also were named. 
New York: 
A world’s fair official said Sunday that Howard Hughes and his 
world girdling crew would make a Good Will Tour of all South- 
American and Latin American countries in about two or three 
weeks in the plane in which they made a new world flight record 
of less than four days. Their purpose will be to invite Gov- 
ernments, officials, and fliers to the New York World Fair of 
1939. 
San Diego, California; 
4 4 
President Roosevelt, aboard the cruiser Houston, sped toward 
Galapagos on a fishing and pleasure trip. Mr. Roosevelt 
boarded the warship after he had finished a political tour 
across the nation. He will drop his line -into the warm waters 
along the Mexican coast enroute to Panama, where the cruiser 
will pass through the Canal. In the Atlantic, another fishing 
stop will be made. 
The campaigns of state senators seeking presidential favor were 
left behind as President Roosevelt became Fisiietman Roosevelt <•- 
The weather bureau reported the President has had cool weather 
with a mixture of clouds and sunshine. 
Chicago : 
Miss Mary Elaine Ogden, University of Chicago student, has 
completed a thesis charging that the average society girl is 
an ’’ignoramus” whose chief interest is men in general and a 
good marriage in particular. 
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If Miss Ogden has correctly stated society girl's interests, 
we think that they’re ’’not so dumb”. 
