davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
Real Estate Transfers.

SMITH AND SCHOOL STREETS
SOUTHWEST AND SAILS ADD
TION-Samuel II. Walker. trustee. 10
Ella Barnnart. lots ~ and - and part
original lot Z. square 494. and lot ~
square 2Sos tSaurs Addition; sln.
NOS. 5I3 AND I15 EAST CAPITOL
STREET SOUTHEAST -Iuhn p
George ct al, trustees. To William T..
Maloney. lots IL and Il. square siI
COLUMBIA HEIGHTS Ernest H. Dan
iel ct al. trustees. TO Wallace j. HI.
lot 40. block 2l: 81 200.
MOUNT PLEASANT AND PLEASANT
PLAINS-Harry Wardnan Il a. to
James r. Redman. lot li. square
aSSS: $40. James T.. Redmia a TX.
convey same property to Harry Ward
man and John IL. CLANCY. ST.. Harry
Wardman 1t al. convey sam propeitv
to q. Walter Baker I'D Nora NJ
Baker: $40
HIGHviEW-Harry Wardman It al. TO
Clarence T.. aud Brulah - Wheeler
lot ~ square :;:c::: $40.
MOUNT PLEASANT AND PLEASANT
PLAINS-Harry Wardman Il al. To
John III. Lipphard. jr. aud Mary =.
i.ipphard. lot lbs. square 2>>S; $40.
TAkOMA PARk-B. f. Gilbcri Il uN. to
Betsy c. Dudley, lot 10, block ,; sdo
TWENTY-THIRD STREET NORTH
WEST between n and y streets
United States Trust Company To Bond
l. and part OF original lot ia. square
80: SO
RICHMOND PARK-Northwcst NASH
ineton Improvement Company to
Lille Y. McCullum. lots - to ..
square 2o6l. and lots IL and -. square
1915. and lots IL. II and -. square
2o6,i: $40. Lille V McCullnn To Ca
thedral Company. lots 10 10 40 square
ao64. and lots II and IL, square 2s1i;
NO, 3s17 O STREET NORTHWESr-
Patrick Il. O'Callaghan 10 George Il.
Pitts Tot II. square l2i1: sio.
NO. 20 ETH STREET NORTHEAST
Jennie f. Tucker TO VIII ara \. Lava
lette. lot .32. 9quare 1904: so
LIE DRoIT PARK-John NJ. henderson
to Earl r. and Emma I. Raglan, lot
lo4 square :iU's: SO.
NOS. l4l4, 1916 and ifis X STREET
NORTHWEST-Walt {. Harris e.
al. trustees. to Asa G. ca ndler. lots
os ~ and 80: square us: $4,000 ,,,,,
sEyENTE 81, TIL r and troe Hoh I'M
/, Warren ct uN. to Edward II. and
Mary b. Thomas, part original lot ii,
square ia; $40
Edward p. Thomas II uN. to John L.
Warren lot Sc square 20l $40.
ALLEY between L and streets north
west between 18th and iltn streets
Same to same. lots H. To 1873 anG
part lot 1871, square 2oi: SO. Joha
L. Warren ct uN. to j. William Lee.
lots 1872 to 13J, and part lot I9i, square
aoi: $40.
no a0l6 1iTH STREET NORTHWEST
John l.. Warren ct ux. to Wiliam
r. and John +. Barry, lot :;6, square
2o4: $40
40 1910 y STREET NORTHWEST-
Chastine III. Rogers To Mary Lynch.
part original lot 1. square 80: $40.
No 1874 SEATON STREET NORTH
WEST-Edna ". FitZhuSh to Florence
p Hill, lot -. square l5e: $40
no SI1 VI STREET NpitTtfEA ST-Tm-
ma T. Regan to Frank l.. Ward. lot
~ square a12; ST." Frank l.. Ward
conveys same property 10 Cornelius
Regan; SO.
ASBCRl PARk-Elmer S. Roley ct ux-.
to James w. Robey. lots - and 81,
block -: Slo. Frederick i. Robcy &c
al. to Elmer S. Robey, lots 80 and 81.
block z; $40.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
LONDON MARKET.

LONDON. February 5.--Except for mod
crate improvements in home rails and
Chinese bonds the stock market today
was dull and dropping. owing to the I'M
certainty of the near east situation. The
absence of continental support accen-
tuated the dullness in the afternoon when
Copper shares became weak. Consois, in
which the settlement was concluded, de-
clned a sixteenth.
American securities We're quiet and fea-
tureless during the forenoon. but later
New York selling depressed the prices
and made the closing easy. Southern Pa
cifc shares were steady.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
DEATH PRECEDES OPERATION.
Walter Williams Dies at Georgetown
University Hospital.

Walter Williams. thirty-six years old.
of Cherrydale. Va. died at Georgetown
University Hospital today while being
prepared for n surgical operation. He
had been at the hospital for the last two
days
Coroner hewitt. after investigating the
case. gave certificate of death. after
medical administration of ether
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
Finds Blood on Knife.

The prosecution offered in evidence a
report from Dr.. Minis declaring that in
his opinion a number of stains appear
ing on the knife We're blood cells. 1t
was admitted, however. that the tests
made We're microscopic and not chemical
On cross-eXamination DIR. Wyman ad-
mitted that he had taken the knife to an
Augusta expert DIR. Partridge. before sub
hitting it to DIR. Minis. He said that DR.
Partridge examined the knife. but de-
clined to express an opinion
Didn't DIR. Partridge tell YOU that he
couldn't find any trace of blood. de-
manded Col. Henderson.
..If | remember he did say that re-
piled DR. Wyman.
pr Wvman sale that he told DR.. Hart
ridge when lie took the knife to him that
the "fanpiness of a great many people
depended on whethtr there was any
ti.uu on Il OF not
Lawyers for the defense announced that
they would call about eight Witnesses
making it certain that the case would
continue until tomorrow.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
TELLS OF BL0ODSTA|NS
ON PENKN|FE Of BEACH
ANALYST TeStifies at Trial of
New Yorker at Aiken, S. c.
Mayor on Stand.

AIKEN. S. c., February More light
was thrown on the methods employed to
investigate the assault upon Mrs. Fred
erick g. Beach of New York during eX-
animation OF the prosecutions witnesses
at the morning session of the Beach trial
today.
Mayor Herbert F.. Gyles of Aiken occu-
pied the witness chair during the greater
part OF the session. He told of numerous
conferences with the Beaches within a
few days after the assault.
He said Mrs. Beach was still in bed
suffering from the effects OF the wound
i'm her throat. but that she answered
questions freely and made some sugses-
tiOnS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05

High pressure prevails over practically
the entire country. as result OF whicn
fair weather is rule. except in the re-
gion of the great lakes, the northern
Rocky mountain region and the north
Pacific states, where there were local
SHOWS.
Temperatures are now below the sea-
sOnal average in all districts east of the
Rocky mountains and in the north Pa
cific states. Readings are below zero in
the upper lake region, the upper Mis-
sissppi and Missouri valleys and the
northern Rocky mountain region.
The indications are that the weather
will be fair and cold tonight and Thurs
day over all districts east of the Mis-
sssippi river.
The winds along the New England and
middle Atlantic coasts will be brisk west
and northwest: on the south Atlantic
coast moderate north: on the east gulf
coast moderate north and northeast.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
Partial Recoveries.

Partial recoveries in the weak special
Ties WAS counteracted ny heaviness In the
railroad section. Reading and Union "a
chic sold a point below their initial hs-
urcs. Prices improved again later all
around.
Reiteration of rumors about Impending
financing by Pennsylvania caused steady
sales of the stock, and ii lost 11s. 1here
was not much life in the rest of the mar
ket and the tone continued depressed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
BALTIMORE.
Special Dispatch to The Star.

Sieciai IhsPa'ch 10 Inc star
BALTIMORE. Nd, February 3.-Wheat
Easier; spot No. red. LOGS: spot No
red western. l.o7as: January No red,
l.O6"s; February No. red. LOSS; steamer
No. red. 993s; receipts. 14,314 bushels
exports. 1861 bushels
'Corn-Easier: spot contract. ~: jan
uary, %: February. JJls steamer mixed.
o212; receipts. 1910 bushels: exports
clOJJS bushels
Oats-Firm: No. > white aga:;3i4: stand
ard white :;Sa:!S1i: No :; white, :;7a37l. ;
receipts. 42.c:,; bushels
Rye-Steady; No. western export, I'M
changed: No. western domestic; I'M
changed: receipts. 4,274 bushels
Hay-F'irm; No. l timothy. unchanged
No. 1 clover mixed. unchanged.
Grain freights-Easier: steam to Liver
pool. per quarter, IS ID February; Cork
for orders, per quarter, IS Cd February.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
LIVERPOOL.
JIEEPpnOV,

LIVERPOOL. February J.-Wheat-
Clcsing-Spot. steady; No. l. Manitoba
Is 911d: No. ,. do, as I'd; No 3. do. rs
4d futures, easy: March. IS Jhd: May
as I'd: July. as 21sd. Corn-Spot irregu-
lar: American. mixed. new &c: American
mixed. old, nominally, Us: American
mixed, via Galveston. Js I'd; futures
easy: February { La Plata. rs I'd; Feb
ruary american miXed). IS 10Ad.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
FINANCIAL.

We offer. subject to
sale. $4,000 hve-year.
six-per-cent bonds of
the Interstate Building
Corporation. Washing
ton. ID. G.. secured by
mortgage on hrst-class
L street business prop
ertN.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
Washington Stock Exchange.

Sales-Regular call. u O'Clock
Washington Railway and Electric Is. 500 at
S4a4.
Potomac Cons. rs. 81 900 at 102 81 600 mt 102.
Washington Railway and Electric pfc, at
301.
Ianston. :, at IS.
Farmers and Mechanics National Bank. at
80
After call Washington Railway and Electric
As 81 900 SIls.
Ianston. Z at S7+s.
Washington Railway and Electric pfd., 4 at
9Ol.. IL at 9o1t.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
10. Johnston & Co..

Dealers in Stocks. Bonds and
Investment Securities. Sec
ond Floor. Corcoran Build
ing. 18th st. and Penna. ave,
opposite [ nited States Frcas-
urv. Phone NJ 1000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
Knife Offered as Evidence.

Beach's damond-studded penknife was
an object of much interest and close
scrutiny by the jury when it was offered
in evidence Mayor Gyles said Beach gave
it to him on request about three weeks
after the assault, and later he turned it
over to DR.. II. Hasting Wyman jr..
for micros copic eXamina ton.
DIR. Wyman testified that he had eX-
-amined the knife under a glass and had
discovered what he believed to be blood
stains This view was sustained he said.
by the opinion of DR.. Boydon Minis. an
analyst of Columbia, to whom he sub
mjfted the knife.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
THE FOREIGN BANKS.

LONDON. February 5-Bullion amount
ing to c2l9O0o was taken into the Bank
of England on balance today.
PARIS February J.-Three per cent
rcnteS, So francs :W centimes for the &C
count Exchange on London. ~ francs
221a confines for checks. Private dis
count rate, 1 per cent.
BERLIN. February J.-EXchange on
London, 20 marks 46la pfennigs for
checks. Money. : per cent. Private dis
count rate, > per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
Records for Twenty-Four Hours.

The following were the readings of the
thermometer and barometer at the
weather bureau for the twentyfOur hours
beginning at pm. Yesterday:
Thermometer-Yeste pm. ii: S
pm, 81: l. midnight. :s; today. am.
81: am, 80: l. noon, -: = pm. ~.
Maximum. ~. at pm. yesterday: mimi
mum. ~, at $40 m. today.
Temperature same date last year-MaX-
imum. 10: minimum. q.
Observation-Disclosures pm. 30.OS: 8
pm. :t0.U9: II midnight 3O.GS; today. i
am. ;o.oG: am, 2O.09: II noon, 3o.12: =
pm. 5000.
Tide Tables.
Today-Low tide. :JS am. and 2:O7
pm: high tide AS am. and 1853 pm.
TOmorrow-I.ow tide. 2:::7 am and
$50 pm: high tide, S:27 am. and S:3s
The Sun and Moon.
TOday-Sun rose, FOB am; sun sets,
30 pm.
TomOrrOw-Sun rises 1:02 am.
Moon rises 1:0S a. III. tomorrow.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
Seeks 100000 for Memorial.

Three hundred thousand dollars for the
first work on the Lincoln memorial was
requested by the House of Representa- ives
today by the Secretary of the Treasury,
who transmitted a letter bearing that re-
quest from Col. Spencer r. Cosby, super
in:endent of public buildings and grounds
Col. Cosby asked that the money be made
available Immediately.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
LIVERPOOL.

LIVERPOOL. February Closing:
Cotton-Spot moderate business done;
prices firm: American middling fair. IA:
good nlddling 40; middling. 6SS: low
middling GO: good ordinary. $50: ordi-
nary J.96. The sales of the day were
St1D bales of which 700 were for specu-
lation and export and included 100
american. Receipts. 300 bales, includ-
ing :;..ap American. Futures opened firm
and closed quiet. February, 6.tr:; Febru-
ary-March 6.61: March-April 6.61: April
Nav. 6.5pla: May-June, 6JSIe: June-July,
G-.i,,l.: July-August, 6.,::: August-Septem-
Der. ,H4::: SeptemberOctOber 60: OctO-
i,er-November. 6.3lc: observation-disclosures
her. 6.1s: observation-disclosures. Gil: Janu-
ary-February, d. IL
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
WEATHER..
Fair Tonight and Thursday; Colder
Temperature Tonight.

For the District of Columbia. fair to-
night and Thursday: colder tonight: low
est temperature tonight, II to - degrees;
moderate northwest winds.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05

xEX Dividend Today.
Pennsylvania Railroad, liz, and b. +.
Goodrich common, !.
Hourly Sales Of Stocks Today.
ii am, lO2,.O y m.... lo4,I00
PM, $4,000 ppm. l95,s00
Call Money. 2s4 3 234 3
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
London Closing Stocks.

Bar silver steady. rs Il-l6d per ounce
Money, IL. per cent.
Discount raIrs-Short bills. I::-isaI1, per cent
hrce-month bills. ll-1GaiS. per cent
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
Either That or Quit Business,
Say Loan Companies.
CLAIM PROFIT IMPOSSIBLE
Denounce Statute Limiting Interest
to l Per Cent as Unjust.
PAWNBROKERS TO CLOSE DOORS
Declare They Will Not Be Able to
Make Expenses After Measure
Goes Into Effect.

movement is on foot among some of
the loan companies doing business in
Washington to evade the law popularity
known as the loan shark measure.
signed yesterday by President Taft.
which prohibits the charging of more
than l per cent month on loans. loan
ing more than S2;9 in any one amount
and which makes the license fee 500 an
nually for such lenders.
This statement was made today to a
Star reporter by NJ. l.. Dobyns, manager
of the Union Loan and Trust Company.
at SO r street northwest. during the
course of an interview with him as to the
prospects the loan companies have of
being able to continue in business lii
Washington under the new law.
On the other hand. every paWnbroker
seen in regard to the subject today stated
he intends to quit business in Washington
within the thirty days specified in the
law in which it shall take effect. There
are no reservations. mental or otherwise,
apparently. among the pawnbrokers
They all agree that they cannot continue
to do business under the new law.
Mr. DobynS. manager of the Union
Loan and Trust Company. said that he
was not at liberty to divulge the names
of the companies which are discussing
plans TO evade the law. He felt that it
would be violation of confidence for
him to do So He said his company
would Quit.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05

If YOU want work read the want col
umns of The Star.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
NEW YORK.

NEW YORK. February ). Flour -
Steady, but duh.
Poor cables, rains in India, easier out
side markets and selling by overnight
longs caused decline of nc in wheat
early. May, 993sa391..
POrk-Firm.
Beef-Firn.
I.ard-F'irmer; middle west, ~. 4Oa10.JO.
Raw Sugar-Steady: Muscovado, 80 test
2.9S: centrifugal. 9H test :,.4S; mola sses,
81 test 21:;: refined steady.
Petroleum-Steady.
Enthusiastically.
Hay-Easy: standard, 97Ia: No. I. 1.OOa
LOS: No. ,. s;5a95; No ;, 75asO.
Hdes-Firm: Bogota, 29ha3Oi.: central
America. 30 Leather-Firm.
Butter-Firm: receipts, 4,1SJ tubs.
Creamery held. extras. 3312a341a: first.
3la32l2: state dairy finest, ::;a34; good to
prime. 2Sa:;2.
Cheese-Steady: receipts. 10 boxes.
State. whole milk. held. white or colored
specials. 171aalS.
Egss-tirm receipts. 13.O15 cases.
Fresh gathered extras, 2Ia2S: extra. first,
26a26l2: first. 21a25la: seconds and lower
2Ua22; do. poor to fair. 15a13; fresh gath
cred dirties. 17al9; fresh gathered checks,
1Ia11; refrgeratOrs. firsts, 191aa2O: sec
onds, 17l2a19: thirds and poorer 1Oa17;
state. Pennsylvania and nearby hennery
whites good to large size. new laid, GOA
30: do white defective in size or quality
23a29: western gathered whites, 25a29
POultry-LlVe. firm: western chickens,
IA; fowls. 1f: turkeys. 80: dressed, firm:
fresh killed. western chickens 14a2O:
fowls. BALI: turkeys. 14ao4
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
GRAIN AND PROVISIONS.
CHICAGO.

NI1l'AbO- FEBRUARY J-Rain IN parts
OF India with more predicted where
drought has been a serious menace gave
the wheat market today a setback Pros
poets of liberal world shipments had a
further influence against the bulls. Of
ferinSs however, were not especially
heavy. Opening prices ranged from Is
to a lower. May started at 931a to 935s.
the same change from last night as the
market taken altogether, and then
dropped to 93L.
Corn weakened because of Argentine
dispatches telling of general showers.
May opened shade to lsaH off, at :5as
to 531a. and fell to :I31s.
Selling on the part of prominent houses
carried oats lower. May, which started
lsaA down to shade up, at 34%s to 345ss
descended to :'4H
Provisions advanced on active buying
due to an upturn at the yards. First
transactions We're a shade to 7ia higher,
with May at 1915 to 1870 for pork,
1O.371a to 1910 for lard and 1875 to 10. 40
for ribs.
Rutter-Steady: creameries. 27a341a.
Eggs-Firm: receipts. 1890 cases at
mark, cases included. 2Oa24 refrigerator
frsts. 17a171a: firsts, 24s4
Potatoes Steady: receipts. % cars:
Michigan. 45a47; Minnesota, 43a47 Wis
consn. 42a47.
Poultry-Alive strong: turkeys. Is;
chickens. 141a: springs, Il.
Cattle--Receipts, 5000 head: market
steady to strong; beeves, 635a9OO: Texas
steers. 4.30aJ.75: stOckers and feeders,
Al 60; cows and heifers, 3O0a7 80 !;
calves, G..Oa1O.GO.
Hogs-Receipts, 10000 head; market
slow, : to 10 above yesterdays average
light. 7.6ia7.s3: mixed 7.60a7 .S71s: heavy
Z .3oa1.W: rough. 7.5oa7.G0 pigs, 64Ca7 90 :;
bulk of sales, 7.7ja7 50.
Sheep--R. ceipts. $500 head market
slow and steady; native. 4.15a6OO; year
lings, 4. 4Oa7.s5; lambs. native, 6.75as.SO
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
Money to Loan

Secured by FIrs; Deed OF Trust On Real Ests:.
Prevailing interest and comm ssion.
Joseph |. Weller. 62o + St. NV.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
Will Hamper Crime Detection.

THE passing of the pawnbrokers will
make the detection of crime much more
difficult. The pawnbrokers have been OF
great aid to the police, i'm helping them
to recover stolen property. Thieves in
future will take their loot to other cities,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
THE COURTS.
Court Of Appeals.

Present: The Chief Justice, Mr. Justice
Robb and Mr.. Justice Van Orsdel
Ewart w. Hobbs was admitted to prac-
tice.
No. 2419. Bunch ast Keppler: argu-
ment commenced by Mr.. John Ridout for
appellant. continued by Mr.. II. II. Obear
for appellee and concluded by Mr.. c. G.
Miller for appellee.
No. 24i9 Dante agt. Basby; motion for
rehearing denied; opinion by Mr.. Justice
Van Orsdel.
No. i9l. Patent appeal. In re Merrill;
motion for rehearing granted and cause
restored to calendar for reargument in
due course.
Order amepdiuo rr,laS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
Commends Taft's Attitude.

president Taft was Very fair-minded.
He understood it, was shown by his
hesitancy in signing the bill. In France
the government is the pawnbroker. The
poor people must be lent money We
make no money on these small loans to
poor people The cost of handling a 81
or 81 loan Saturday night. when the
breadwinner is out of work is more than
the profit it. although we have. oc
course, made up that loss on the larger
loans.
There will be lots of complaint. and it
will, as usual. be the poor who VIII suf-
fer We expect to quit business, and will
not apply for a license under the new
law.
At the office of George D. Horning it
was said:
1--WE will not take out a license. We
will quit the pawnbroking business when
the thirty days expire. We would lose
from 10 10 ID per cent on the capital in
vested il we tried to do business on a
1-per-cent-a-month basis. The law is I'M
just and unreasonable. No one really
wanted the law to apply to pawnbrokers
The District Commissioners didn't want
it. the police department didn't want it,
the Associated Charities didn't want it,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05
Denies Big Fortunes Made.

Members of the board of charities.
Mr.. Dobyns declared. who well ac-
uuainted with the good are often able
to do for the poor people of the District
will be rushed to death soon as this
law goes into effect. None of us have
ever made the big fortunes in the loan
business that have been made by the mer
chants of the District. Notwithstanding
all that has been said, and ! am willing
to open my books to prove it. and | know
others who would be willing to do so.
The expenses of my company are $500
a month. The books will show ii. On
the basis of the l per cent rate we would
have to lend out a vast sum of money,
and We don't do anything like sufficient
business, nor can such business be OBJ
tanned.
There is nothing for the companies to
do but quit or try to evade the law by
making test case of it.
Some of them are now talking of the
possibility of having merely a branch Of
flee in Washington. possibly in residences.
to Baltimore or New York. investigations
of character only to be made here. and
the money mailed by check direct from
Baltimore or New York direct to the Dor
rover.
such a plan would take d little longer
to make loans, but if customers want
money, and are willing to write to some
city out of town for it, it is said that
there is no reason why it could not be
loaned that way.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-02-05

At the pawnbroking office of f. Heiden-
heimer it was stated today that this Old
firm probably will engage in the jeweliy
business and quit pawnbroking entirely.
I'VE are very sorry that the law. which
is unjust to nawnbrokers, has been pass
ed and signed" MI. Heidenheimer said
today. 81 understand that il will have
the effect of driving ali the paw nbrokers
out of business, and that they are all
getting ready to quit, absolutely.
I'VE will make no complaint however.
nor try to get new law passed. Con-
gress is a large body. often unwieldy.
and sometimes it passes laws the effect
of which is not entirely realized.
The law was passed in an American
way. We were given our hearing. They
disregarded what we told them. That is
all there is to it. President Taft was
right. He pointed out even before the
law was signed the effect it Will have on
poor people, and it will undoubtedly have
a bad effect on them"
At the office OF Steinem x Co. also
pawnbrokers Mr. Steinem declared it is
impossible to conduct the pawnbroking
business on less than a charge of IL per
cent a month for expense.
I'VE would have to loan on; too much
money to make the ive-hundred-dollar
license fee he said Then there is an
expense attached to the giving of the
5000 bond. That would cost So. Bur
glar alarm protection costs 500 annual
w. There is fire insurance, rent, light,
heat and others items. of course, one
very large proportion of the expense be-
ing the good salaries We have to pay eX-
pert. honest and reliable clerks. to keep
them reliable and honest.