davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-06

has been provided. hut too many Ameri-
can importers appear to be tight asleep
and do not realize that II Is poor busi-
ness for them to pay a British banker
an acceptance commission and a dis
count rate Of about ; per cent. when by
arranging for American bankers credits
they can secure a discoun ate OF but
9 per cent.
"When passing through the Panama
Canal ! had the great honor of meeting
Gen. Goethals and I said to him that
shaking hands with him gave me a
peculiar thrill because ! felt that the
Panama Canal and the Federal reserve
act were the two most constructive con-
tributions made by the United States
in our generation.
"The Panama Canal and the Federal
reserve act have blasted the way wide
open for the development Of North
American enterprise hut the business
that is TO flow through these channels
must now be developed By the indi-
vtdusl Initiative of the people OF the
United States.
"However. IL We are to secure our
position In the world al, legislative OBJ
s'ructions that will stand in the way
OF "A free unfolding Of our economic
powers must be removed and sincerely
hope that Congress will not delay the
passing of such amendments to the Fed
cral reserve act rs are necessary in
order to place our banks on a par with
the important European banking insti,u-
tons with which they have to compete
in foreign countries. Only those WIN
with their own eyes have seen actual
conditions can realiZ" the importance of
securing these changes and of securing
them promptly
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-06

WANTED six pretty Girls. amply II
o'clock to-da. .HAll.. STUDIO, has
Broadway. MR. EDMGNDS.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-06

Wany investment
Numerous opportunities exist to
finance and develop. traction and other
public utility properties and industrial
corporations, likewise to develop mines
and timber resources. purchase mort
cages under advantageous conditions. ~.
THE great Southern continent must
expand, and II the tinanciers Of the United
states use judgment and foresight they
will readily bring to themselves and to
their clients substantial returns and do
much to foster friendly relations with the
Latin republics and aid their home coun-
try in establishing and developing trade
relations"
II was announced during the week
that two more special Investigators Of
the bureau OF foreign n domestic COM
merce OF the Department OF Commerce
would leave for South America about
the middle OF May. They are Philip :.
Smith Of New York. who will investigate
the markets for electrical goods, And W.
A. Tucker OF Massachusetts,. who will
make q study Of textiles and wearing APP
parel. These two men will go South to-
gether. passing through the Panama
Canal M beginning their work In
Ecuador. where they Will probably
separate.
They will then go down the west coast
ana up the east coast ot south America,
taking up each of the countries in turn,
including the INLAND States. and plan II
End their tours in Colombia In from "A
year to eighteen months. Reports on
conditions will be forwarded to this
country from time to time and pub
lished by the Department ~ Commerce.
TIN samples collected by the agents
will he placed on exhibition at the Nsri-
Gus district Offices of the bureau and Will
be accompanied 10y full descriptions and
prices.
All American concerns interested In
these Investigations which would like to
have particular points covered SHOULD
write AZ once to the bureau of foreign
and domestic commerce stating what in
formation they would like TO have. and
the agents will endeavor to obtain IT for
them.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-06
GREAT INVESTMENT FIELD
FOUND IN SOUTH AMERICA
Federal Bureau Reports Continuing Interest of Remark.
able Keenness Among U. S. Merchants and Manufac-
turers in Latin Countries of Western Hemisphere.

The local Office Of the bureau Of do
nestle and foreign Of the De-
partmcnt Of Commerce reports continu-
ing interest Of remarkable keenness among
American merchants and manufacturers
in the Latin American countries. OF
the 800 to 400 visitors to the Office
every week II Is said hat at least IS
per cent. are inquiring for information
in regard to South America, and that
while relations between the North Amer
lean and South American merchants
have improved there are still many cases
In which tho North American is not,
ready to meet the South American half
way.
Stanley II. Rose. commercial agent in
charge of the office. who has just been
transferred to the Chicago Office, gave
out yesterday an interview in regard to
The possibilities for investment in South
American ventures. in which he en-
phasized the tremendous growth Of
North American interest in South Amer
lea since the war. lie urged that this
be extended to the actual investment of
capital.
South America" he said, "is at last
In the limel.ght AS a field for invest
ncnts for North American capital. Prior
to the outbreak OF the European war
those who were aware Of the merits Of
South American securities and of the
opportunities presenting themselves to
develop the great s%ou,heriy continent
could find 10 listeners In the money Gen.
tres Of the United states. Few Of our
citizens knew. until IA few months RNo,
that In Argentina and other countries
south Of Panama great railways were In
existence. double tracked and four
tracked, equipped with fine rolling stock
and running numerous palatial rains
Investors Awakening.
Several OF these railways represent In
vestments Of 3250.000. 900 or more. and
many Of them return to their %etockhold-
ers substantially large dividends. One
South American railway. the Sac Paulo.
earns under normal conditions. It is
said. more gross revenue per mile thar
any railway in the United States. a
number of Latin American railway bonds
and debenturcs sell OH the London and
Paris markets under ordinary conditions
on a parity with bonds Of the Pennsyl-
| vania Railroad. New York Central Rail
, road and other standard American rail-
roads.
we likewise are awakening TO find
that certain South American cities have
built, or are already building. subways
like our own. Buenos Ayres is building
subways because its AS miles OF trac-
ton lines cannot readily handle an
! nual,y more than 400. zoe. 900 passengers.
the number at present being carried.
"A few weeks ago Argentine railway
stocks appeared for the first time in the
American market Tho Wall Sfraaf in.
vestors bought them in large quantities
despite the difficulties of t%ransacting
business In the financial market of Eu-
rope. In one week. II IL said. over
100000 par value OF Argentine rail-
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-06

way shares were purchased In New York.
European investors who nave 80 sue
cessfully financed South America in the
past will have too any ways at home
for surplus funds to send any across the
seas for many years to come. The great
railways and other enterprises in Latin
America must necessarily grow and in
order to grow must have funds. Were
they to list their securities here In the
American market. notably on the stock
Exchange. their needs could be readily
financed.
with our mills. factories and mines
working day and night and with splendid
crops in sight, there will he capital
readily available 60 be invested profit
ably in Latin America. The two recent
issues OF Argentine Government notes
offered in New York were greatly over
subscribed. one of these issues, SIS
900. 900 par value. due In one year.. which
was offered to yield investors about isi
per cent. sold at the rate OF about SJ.-
100000 An hour, or nearly 100000 II
minute.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-06
WARBURG SEES Big
PAN.AMERICA BOOM
Says Congress Should Place
Our Banks on Par With
EurOpc's Best.
RESERVE ACT DEFICIENT

wAsniSGroS. May 5.--Faui NJ War
burg OF the Federal Reserve Board is-
sucd this statement today in regard to
the South American trip of the Internal
tional High Commission. Of which he
was a member:
III by my own impressions nay
Judge the effect that this conference
must have produced on the delegates Of
all nations. II they learned as much about
how the other man lives as | learned
about them. I could only wish that the
Tennessee might have carried a thousand
delegates instead OF seven.
"Now that We have returned home It
will be the duty OF US seven TO make
Unfortunately no matter how hard we
may try "a good deal OF the intensity Of
our impressions will be lost in trans
mission.
"After 20 rapid a visit 1t will injeed
b. a dificult undertaking to reproduce
the impressions that We have received
concerning the physical and economic
conditions OF the various countries. but
1t will he quite impossible a task TO at
tempt to reproduce the impressions made
upon US by some OF the eminent men we
met. who won our esteem. friendship
and admiration.
"Some Of the countries through which
~ passed have difficult problems to face.
due to. or accentuatcd By. the European
upheaval, but hard times will prove useful
taskmasters. and In some countries we
found that difficult problems had pro-
duced strong men whose sincerity and
ability could not but inspire a confident
reliance that their countries fate was
in good hands and ultimately would be
worked out successfully.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-06

"Almost all Of these countries offer
wonderful possibilities, and for us who
have gained so much through Europe's
losses II is not only a tempting oppor-
tunity, but also a serious obligation
placed upon us by destiny-to lend a
helping hand to our Latin-Amcrican sis
ter republics in developing their mar
rellous resources and with that their "
financial and political independence.
II was delighted to see strong EVIL
dence of the awakening of the American
spirit OF enterprise in almost ALI the
countries through which We passed. he it
In railroad and developing OF ore in
Brazil or packing houses in Uruguay
and Argentlna-where the opening OF
these plants has brought about "A great
Increase in the price secured by the
cattle raisers OF those countries. or he
II In mining in Chile and Peru or raising
sugar or tobacco in Cuba.
ut was a great satisfaction for me to
notice In these countries the beneficent
effect OF u new banking legislation.
1t did my heart good to see American
banks operating III these foreign rit.es
and to find that the American bankers
acccptanc"s at last had become an in
tegral part OF the worlds banking ma
chinery. Much remains, however, to be
done in this respect.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-10-05
CONSUMPTION FOR IRISH
EXPECTED TO BE ISSUE

LONDON, October 5.-when parlia-
ment reassembles next week the govern
ment will be confronted with new en-
barrassing proposals for the application
of CONSUMPTION to Ireland.
Sir Edward Carson asserts that the
situation is such that without conscrip-
ton in Ireland it will be impossible to
even maintain the Irish regiments at the
front In their proper strength. He con-
tends that Ireland could provide another
half million men OF military age, and asks
what the colonies, which have made such
sacrifices for the empire. will think Of
the Sinking of Ireland
While most Of the responsible politi-
clans are agreed that 1t would be mex
pedient to attempt to apply compulsion
to Ireland while home rule is withheld
from it, undoubtedly In the present phase
Of the European war those who are de-
handing CONSUMPTION hold a strong hand
and the government may find it difficult
to resist their demand.
The liberal newspapers consider the
agitation another attempt to unseat
Premier Asquith. and contend that while
compuision in Ireland would provide q
few men 1t would provoke another first
class Irish crisis and throw Ireland into
the hands Of the Sim Feiners.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-10-05
Real Estate Transfers.

LONG MEADOWS-Ernest L. Schmidt
ct al, trustees. to Adolph Feldvoss
and William A. Hettinger. trustees.
rd lots 2s7; 2Ss. 27o: block q: s!:o7s
Medzikhovsky to Walter H. Klopfer.
SIXTEENTH STREET PARK-Daniei
c. Roper ct ux. to Mary J, Ray
PLEASANT PLAINS-Louis Sherman
ct ux. to Leonardo Cusimano. lot
512. square 267s; $40. Same to
Michel and Antonina Teresa, lot
NO. 1857 i sas Sd STREET Fftsi IS SOUTHWEST.
Howard e. Bell ct ux. to Thomas
Gibson, part lots 81 and So. square
ct ux. to Harry l. and Grover G.
Robey. lots / to S. z. rs. 70. block
OAK VIEW AND CLEVELAND PARE
David F; Weaver ct Ix. to EMILY
View, and lots 10. 20. 81. block 4.
Cleveland Park; $40.
WASHINGTON HEIGHTS-Elixabeth
Henderson to Edward J. Stellwagen,
NO. part 81 lot & : sP H1Gsa = AsaoSRirHwEsF
Charles J. Langmead ct ux. to ma
bel K. Linkins. lot los. square 376:
PRosPEcT-william 8. Phillips ct ux.
lot a. square 1864: $40.
NO 2016 18th STREET NORTHWEST
American Security and Trust Com
pany, trustee, to Nina Van Arsdale,
west lot 81, square 1873: $40.
NO. 2016 18th STREET NORTHWEST
Nina v. A. West to Jacob s. Gruver.
lot 81. square 1879; $40.
NO. 1908 E STREET NORTHEAST
Charles A: M. Wells o. to Flora M.
CLEVELAND PARK-William c. NIL
Ter ct al. to Irving R Saum. part lot
/, block /. and part Of unsubdivtd-
ed portion. $40. ~
NO sis 9Th STREET NORTHEAST
Robert c. Murphy to Martin v. and
Mary E. Murphy. lot 81. square SSl;
WHITE sTT cRoFr-Harry K. Boss ct al
to Edward D. and Gertrude B.
Batchelder, lot 26, block 8; $40.
CATHEDRAL HIGHLANDS-Marg
x. Frost to Isadore Freund and
Ernest D. MAXWELL lot 81. square
1890; So Harry Abramson ct ux.
to same, lot 81, square 1880: $40.
NO. III A STREET NORTHEAST
Isadore s. Basch ct al to Charles A.
tanner, lot IS, square s97; $40.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-10-05
ELECTION OF DIRECTORS
FOR FEDERAL BANKS

The terms of many directors of fed
eral reserve banks will expire Deem
Der 81, and the federal reserve board
has arranged the details of elections to
be held in November and December to
fill the vacancies The. polls will be
opened November 2 and will close If
teen days later. In each federal re-
serve district the terms of one class A
and one class B director expire at the
time mentioned.
In the Richmond district, in which
Washington is included, the term of J.
F; Bruton of Wilson. N. C.; a class A
of james F. Oyster Of this city, a
class B director.
All the member banks In the district
will vote to fll the vacancies, and
there are expected to be a number of
candidates. It is understood that Mr..
Oyster. If he again wants the place,
will be strongly supported in the cleo
ton.
The newly elected directors will serve
for terms of three years each.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-10-05
Building Permits.

Building permits were issued tday to
the following:
Joseph and William McRsynoad4 10
build storage building in rear Of 11el-
% 18th street northwest; builder, Nolan
Construction Company: estiamtsd cost.
$4,000.
Harry A. Kite. to build dwellings at
1901 -03-05-07 Rhode Island ayenue
northeast; architect, George.T. SAINT.
MYERS; builder. Harry A. Kite; esti-
mated cost, S13,500.
Charles H. Sheriff.. to repair building
at l772 Massachusetts avenue north
west: estimated cost. $50.
Mrs Edith P. Newman to repair
building at 40 e street northwest: es"
timated cost, $1,975.
Senator W. A. Smith, to repair dwell
ing at 100 18th street northwest; "es-
timated cost, 500.
q. d. Ellsworth, to repair dwelling
at 124S Girard street northwest; esti-
mated cost, $3.50.
Saks & Co, to repair store at SOC It'll
street northwest; estimated cost. $1.0So.
Rodger o. Hamlin, to repair store AT
3O5 Sd street southeast; estimated cost
500.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-10-05
THE COURTS.

COURT OF APPEALS, D. c.
Present: The Chief Justice. Mr.. Justice
Robb and Mr.: Justice Van orsdel.
Louis s. veach. Robert 8. veach.
McGin Conner and Willis E. Ruffner
were admitted to practice.
No. 2943. Webster agt Splain; on
motion of Mr.. NJ c. Van Fleet time for
appellee to file brief extended to No
Nos. 1876 and 2s77. Twyman agt. Car
ter and Carter ast Twyman; death of
the party. Carter. suggested and new par
ties ordered made on motion Of Mr.. w E.
Richardson and cases PASSED.
No. 1918. Brown agt wells; argument
continued by Mr.: Charles Fahy for ap-
pellee and concluded by Mr.. W. NJ Levin
for appellant
No. 1912. Mollohan ast. Masters ct al. !;
diner for appellant, continued by Mr. D.
w. Baker for appellees and concluded by
MI w s. Gardiner for appellant.
CProceedings after The Stars report
No: 2s71 Lane agt. Cameron; argu-
ment concluded by Mr. Charles D. Ma
hattie. for appellant
No. 1908. National Surety Company
agt. Lane: motion to vacate order stay
ing mandate granted.
No. 2973. United - States ex rel.
Schwerdtfeger agt. Brownlow ct al.
submitted for appellant and argued by
Mr.. F: H. Stephens. for appellees.
No. 253. Waters agt. Richie. motion
to reaffrm, with costs, the original de-
crees Of this court of June 4, 1894; SUBJ
mitted by Mr. ]. ]. Darlington for ap-
pellant in support of motion. and mo-
ton granted.
No. 2s7s. Brown agt. Wells: argument
commenced by Mr.. w. M. Levin for
appellant.
No. 2916. Randle agt Washington
Loan and Trust Company; passed to foot
Of assignment for October g.
No. 1880. Shoemaker agt. Digges;
passed to foot of assignment for Octo-
Der 9.
No. 2991. Ridenour agt. Ridenour
motion to dismiss appeal denied; state
Inent Of evidence stricken from files and
decree affirmed with costs
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-10-05
CONSULAR RULES AMENDED.
Department Provides for Registra-
ton of Americans Abroad

An executive order has been issued
amending the consular regulations sc
as to provide that the principal con.
sular officers shall kesp at their Off.
ces a register of all American. cit,xens
residing in, their several districts. and
will invite all resident Americans to
cause their names to be entered therein
Except in cases Of emergency no
person shall be given a certificate ot
registration until his application for
registration has been approved bv the
department. The general prtnciples
which govern applications for passports
also govern applications for reeistra-
tion. The forms Of application for reg
istration will be prescribed by the SEQ
rotary Of State"
A fee Of 81 will be charged for zach
certificate of registration.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-10-05
LONDON STOCKS STRENGTHEN.
French Loan Prospectus Creates Good
Impression-Americans Firm.

LONDON, October 5.-The dividend
disbursements increased the supplies of
money today. Discount rates were
quiet.
On the stock exchange the appear
ance of the prospectus Of the French
loan at S0A, yielding about 6A per
cent at the present rate Of exchange,
while easing certain gilt-edged secur-
tiles. created good, impression
later. as dealers seemed to regard 1t as
the basis for future long-dated borrow
ing. and the tone of the gilt edged sec
tion strengthened. The fact that Brit
ish and French treasury bills are ac-
ceptable for payment In full was an in
teresting feature.
Rubber and oil shares wore in in
creased demand and Kaffirs were
steady.
In the American section fair bust
ness at firm prices occurred early. but
the list closed under the best.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-10-05
District Supreme Court.

EQUITY DIVISION 2-Justice STAFFORD
In re lunacy of Clifford c. Kelsey:
report Of auditor ratified (by Justice
Could; attorney. T. L. Jeffords
Parker agt. Barry; pro confesso
ordered and reference to w. s. Shipley.
examiner; plaintiffs attorney. D. Ed
ward Clarke
Washington Terminal Company agt-
International Auto Sightseeing Transit
Company; hearing on rule continued
to October 10: PLAINTIFFS attorneys
Hamilton & Hamilton, F. D. McKen-
ney and Edmund Brady
French agt Fendall; decree substi-
tuting Fred Mckee as trustee; plain
tiffs attorneys. Fred Mckee and A. G.
Bishop.
Hartman agt. Masters: respondents
adjudged in contempt and ordered into
custody; appeal noted; supersedeas
g. Gardiner: respondents attorney, D.
w. Baker; receivers attorney, William
Henry White.
Pavarini agt. Krebs; sale decreed.
with John Scrfvener. trustee; bond. 5000
(by Justice Mccoy: plaintiffs attor-
ney, George C. Gertman.
In re dissolution of Commercial Fire
Insurance Company; order Of distribu-
receivers and attorneys: petitioners at
torneys. Douglas. Ruffin & Obear.
CIRCUIT DIVISION Chief Justice
Covington.
United States ex rel. Ashley agt. o.
| born ct al: time to file answer to Pc
tition and rule extended to October 81:
and L. J. Mather.
Boxley agt. Brenizer and Masterson
agt. same; time to file transcript ex-
| tended to November Is; plaintiffs at
ants attorneys. w. H. Price, jr.. and
Maddox & Galley
CIRCUIT DIVISION 2-Justice Siddens
Chaloner agt. Washington Post Com
pany; bill of exceptions signed; plain
F. Colladay; defendants attorney, W.
]. Lambert.
CRIMINAL DIVISION Justice Gould
United States agt. John Aiken. house.
breaking; personal recognizance ($10o)
taken.
United States agt. Roscoe c. Nash,
non-support; bench warrant issued.
United States agt. Arthur C. Smith,
homicide. recognizance. $500, taken,
with Richard C. Elliott surety; attor-
ney, o. B. Drake
PROBATE DIvISIoN-Justice Stafford.
Estate of Thomas B. Sanders; petit
ton for probate Of will filed; attorney,
Frank Stetson.
Estate of Willis r. Speare; will ad-
mitted to probate and letters Of ad-
ministration C. t. a. granted to Virginia
L. Speare: bond. $1,000; attorneys, Gle
phane & Clephane.
Estate of Mary e. Pillow: order to
withdraw certain papers.
Estate of William G. Wheatley; will
dated August IA, 1913, filed.
Estate of Stilson Hutchins; order ex-
tending time for filing transcript; at
torneys, H E. Davis and c. H. Merillat
Estate of Margaret Hanna; rule to
show cause; attorney. John Ridout.
Estate of Joe Taishof; petition for
letters of administration filed; attor-
neys. Topper & Gusack.
Estate of Cecilia Eilbacher; petition
for letters of administration filed; at
torney, ]. A. Maedel.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-10-05
COTTON MARKETS.
NEW YORK.

NEW YORK. October 5.-The cotton
market showed renewed strength early
today. Cables were better than due,
while prospects for lower temperatures
in the southwest led to apprehensions
Of frost, and the advance Of yesterday
had evidently attracted overnight buy
ing orders. The opening was .un-
changed to IL points higher, with all
positions making new high records for
the season.
December sold up to 17.1s and jan
uary to 1924, or about So points above
the low level reached on the reaction Of
Tuesday. Realizing was very heavy and
southern selling also seemed to be a
little more active at the advance, which
was followed by reactions Of or 10
points before the end of the first hour.
FUTURES opened steady. October,
1892; December, I715; January. 17Is.
March. 1875; May. 17.55; July, 1853.