davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1917-07-01
Business and Politics
Draw Closer Together

Draw Closer Together
In our commercial life we have
tried unrestricted competition, which
led naturally and inevitably to COM
binations and would-be monopoly.
We found both systems unsatlsfac-
tory, and there seems left to us only
cooperation which may come be-
cause of broader national life and
the elimination of much local preju-
dice and provincialism. Such CO.
operation implies the playing of a
greater part by those who do most
of the actual work, and who must
be willing to share both the veal and
woe because of greater and immedl-
ate interest in business. Concident
with this will come to pass larger
measure of influence Of the business
world in political life. Nor will 1t
be along the old lines of class inter-
est and personal gain, for that way
destruction lies. To be successful
it will have to work in the interest
Of public welfare, as indeed will
every other movement in the days TO
come. SO naturally it will lead, and
is already leading, to the gradual
elimination of the tariff as political
issue.
Already those who once regarded
protective tariff as a sacred fetch
realize that its evil effects were NOR
al rather than material. On the
other hand, the free trader, who is
so far from abstract principle, has
an inkling that within certain bounds
tariff, whether for revenue or for
protection, is a practical proposition,
rather than a matter of academic
discussion. and is therefore largely
a question Of happy opportunism.
1t seems obvious enough that as
our political problems nowadays are
largely and essentially economic, in
place of the constitutional discus
sions of the past, truer solu-
ton of them can be found if an in
creasing number Of business men
form part of our state and national
legislatures. Yet we still permit
the instigation and enactment Of
vital laws which affect the very life
of the business world, to be done by
the tribe of lawyers who form the
majority Of most of our governing
bodies. The solution lies in the will
lingness and readiness Of the aver
age business man to render political
service to his country, which he has
in general hitherto refused to do be-
cause of the sacrifice demanded
The present crisis, which has en-
listed the business world in active
governmental service, may prove the
needed stimulus for such action when
the war is over. Such to-day at
least seems the inevitable trend, es-
pecially when the commercial world
realizes that its only hope of Sc
curity and safety in the future lies
in cooperation with the government,
and not in that mutual antagonism
which marked so unsatisfactory a
period iB the past. 1t has always
been truism that the government
needs the most efficient business
methods if it is to render its bounden
service to the public, and it can only
reach that stage by the active par
ticipation of the commercial world
in Federal affairs. 1t may seem an
New-York tribune., 1917-07-01
Six Months Record of Business the United States Reveals
Period Of Amazing Prosperity in Which the Transition from
Peace to War Footing Has Directed the Energies OF
Men and Money Into Unexpoed Fields Of Endeavor

from Allied sources, supplementing
the credits granted by this govern
ment to the Entente powers. Since
January about 100000 in gold
has been imported, compared with
SlS7.0O0, 900 in the first six months
of last year. Exports in the same
reriod aggregated S170,000,0 ,00O-the
larges, outward movement since
early in the war and more than
100000, 900 in excess Of gold ship
ments abroad for the corresponding
period year ago. The excess OF
gold imports over exports approx
mated 100000 in the six months
period just ended.
Gold Regulates
Money Rates
The gold statistics are intimately
bound up with the American money
markets. After the country recov-
cred from the upheaval caused by
the outbreak of the war, in 1914,
and money rates relaxed, the money
market entered a long period of pro-
nounced ease, during which the rate
for call loans held around per cent
end time loans averaged 3l9 per
cent. Heavy gold arrivals aided in
keeping the situation easy. This, in
fact, was the most important in
fiuence in the market. The gold that
the country received on balance
served as the basis for the two bill
ion dollars of credit obtained by the
European belligerents in the United
States before it entered the war.
The first signs of an important
change in the money market situa-
tion came last December during the
famous peace panic" Subsequently
there was return to lower rates in
January Of this year, but as Ger
many undertook her ruthless subma-
rine campaign that finally brought
the United States into the war rates
gradually hardened. The hotation
Of the S2,OOO0O0,000 Liberty Loan
furnished the climax, the absorption
Of such a huge amount of funds nee
essary to this financing creating a
temporary scarcity of funds, which
has caused the call money rate to
hold at per cent for a fortnight
while commercial paper has been
maintained at 81 per cent. The gov
crnment financing also served to
check operations in the general IN
vestment market, which has been al
a standstll for two months past
with prices at about the lowest level
C the war period. Stock market
oDerations have also been checked by
the declaration of war, although
stocks have shown a tendency to re-
cover part of the ground lost earlier
in the year.
The extent to which the prosperity
of the country has been reflected III
earnings is indicated by the record
breaking dividend disbursements
scheduled to be made in July out OF
profits Of the preceding quarter. A
Wall Street compilation last week
gave the total Of dividends to be dis
tributed as s119.371 ,535, compared
with S1O0.S51, ,155 in 1916.
The statistical review of the busi.
ness performance of the country ir
the last six months is an amazing
record of big totals. The hundred
million is the unit in most fields
b Here is what some Of the common
barometers Of business activity
show, the figures being estimated
. for June in some cases;
New-York tribune., 1917-07-01

yond this ! believe that IL crops
throughout the country are normal,
with the high prices which are al
most sure to prevail, people will
spend their money about as usual,
and business will be. very good.
There will doubtless be great deal
of shifting of business from certain
lines to others, but in the aggregate
believe we will have nothing to
complain of 50 far as the business of
.he country is concerned
Prosperous People
Seldom Economic
There are, 'points out Richard /.
Austin. certain things that are mani
fest to all. One is that the effect OF
the war will be to maintain the high
prices of agricultural products; an
other, that with the government a
large buyer Of many kinds of mer-
chandise, it is expected that activity
in business will continue and high
rates of wages will continue to be
paid. These. gene rally mean pros
perity. 1t is unusual for people to
economize when they are apparently
proSpering.
+. NJ. Kirby, head Of the Miners
Bank Of Wilkes-Barre. Penn, sees no
reason why the spending Of so much
money for war purposes will not
stimulate and increase business of
all kinds all over the United States.
He adds:
Undoubtedly, high wages are
going to continue for some years.
and people who work for wages
should be more prosperous than ever
efore in the history of this country.
This business activity will undoubt-
edly be reflected in the prices of in
dustrial securities, and ] fear over
speculation in them, which will ad-
vance prices beyond their intrinsic
value, and that when peace comes
there will be serious collapse in
stock values. ! very much fear the
effect on outstanding issues of in
dustrial and railroad bonds, should
the government put out another
issue. as it undoubtedly will. Short
time securities are to me much more
attractive than anything extending
beyond five years"
"Our principal supplies to the
Allies probably will consist of food
stufs, coal, cotton, copper, steel and
ships" says William A. Law, presi-
dent of the First National Bank Of
Philadelphia.
"The production and delivery Of
these commodities will employ an
immense range of workers. There
can be no other result than an enor-
mously increased purchasing power
for the American people, especially
when we add TO the above the abnor-
mally heavy expenditures of our own
government for war purposes.
useful economies will first in
volve the prevention of waste IN the
consumption as well as in the pro-
duction of the above commodities.
A secondary form of economy will
arise from "A decreased production
and consumption Of unnecessary
, luxuries. 4 further form Of economy
will result from the employment OF
enormous masses Of hitherto unutll-
( lied labor and by the speeding up
and increasing energies of all labor.
Economy should be our slogan as
a nation. but let us arrive at it
gradually, and not put the machin-
cry out of joint by too sudden
changes in our habits of living and
modes of expenditure
New-York tribune., 1917-07-01

be the sport of endless industrial
strife and misunderstanding. A
worldwide commercial vision will
tring a broader outlook in such mat
ters because Of our no longer living
to ourselves alone.
New-York tribune., 1917-07-01
Current Comment

Indications point to the largest acre
age ever planted to wheat in Kansas
this fall. This is forecast By tho eX-
ceptionally large number Of orders
which are being received for fyc-disk
drills. The farmers will use these for
planting between the corn rows, with
out any other preparation OF the
ground. There never has been such an
active demand for this type Of drill \
large percentage Of the orders arc natu-
rally conditional, but the present pros
poets for corn indicate that there VIII
be no corn land to be ploughed up. as
corn is doing exceptionally well one
house this week reported that orders
for five-disk drills thus far this season
exceeded by roo drills the prevIous h.gn
year in this line. Tractor Irrde
JoUpGl
Labor conditions render b. iucrcas-
ingly difficult to meet the continued
heavy demand for munitions. Loss o.
time through trade disputes and de,ul'
tory work are as great an o0s'a''e
20 the full utilization Of the countt' $
industrial resources a. inc actual snort
age in the supply Of labor l'ics, one
more effective regulation oI iao'I
introduced. which viii bring aooI'
more regular and more permanent ser
vice. u may not be possible TO N''''"
the present volume OF exports %. '.".N
factured goods, essential as ii .r ." .H'
maintenance OF our financial po- O,
Labor and ocean transport.
ties are perhaps equally resi- hs .o't ~.
the falling off in exports, "h'e' 80
less in April by S2l 100000 tnan ,.e "
ports FOR that month, the nrsl AN.a.V'
able balance since February, 1910
/ Canadian Bank Of Commerce.
1t is as necessary now as ever ,'''
the banks of the country give heea "
the great Importance Of keeping 'ae"'
selves liquid.
The books for subscriptions TO 'n'
Liberty Loan closed az noon oh . 1he ~
/ The loan was oversubscrioeo Ds -.
than $1,000, 100000. The reports ,iis. itos
thousands of banks show that mi.''.hs -.
If dollars of bonds were sold
people on some partial payment ~,
+ The banks. therefore, have under'S,As 80
TO carry these bonds for iair'y ""'
periods, usually fifty weeks ,h,
The reports also show tna' % 80.
+ lords subscribed for on their own ~
count the banks still hold sppi0N,
mately s500.OO0 900. or one-quar'S, .sS
/ the loan. This amount will be teo's ~
! to some extent in the allotment os
/ Treasury. but no bank will dlsehss
/ its full duty or render the full meas"t 's."
of support 10 the financial shuSuy1 "a
/ Il does not make every effort 70 se"
/ the people the bonds II has on hsny sor,
There should be no cessation o. - al
tc sell Liberty Loan bonds un'"
have been placed with the people ,.e
Clearing the banks Of bonds ,.n.
bsst preparation for the next war nsly
! Thrift must be encourasea' .,,orsl
I from the savings and the SSu,"'e se.
savings Of the people can funds ~ the
cured for the proper financing "
war. ...-... ,,sds
The banks Of the United states w.;
the first issue of Liberty Loan pon", po,s,
mighty success. The next lssuv n.
be an equally great saceessTp t.ys
Gocbei. president American o"""
! a ssociation.
New-York tribune., 1917-07-01

Change between beginning and ending Of period
South Bend news-times. (South Bend, Ind.) 1913-1938, 1917-07-15
WAR MOVIES

The so-called council Of national defense has been
receiving many petitions asking that the showing OF
war films be forbidden in the movie houses The res-
son generally given is that these films by graphic
depletion of the horrors modern warfare have been
lettering many young from enlisting and putting
fear into the Of registered men and their fam
lilies. At their best the critics saw the films present
only one phase and that the most obnoxious phase OF
the struggle.
If it is true that moving picture theaers in gem
eral giving only revolving side the war
certainly something ought to done about it, This
is legitimate subject for the federal government 90
busy itself with. The movie stage has become such
power in the shaping of public sentiment that
not be permitted false distorted impressions
regarding vital thing as war we are engaged
in. Better films at all than films that tell half
truths
But the evil can be corrected without So drastic
step absolute prohibition IS not necessary To-
suppress the aspect OF the only neccs-
sary to supplement it with the best side what the
American people want at movie shows as wei as BOB
their newspapers is the whole truth. good and bad
together
Along with the pictures Of fierce struggle terrified
lures Of endurance Of heroic achieeer1eut Il
victory Of cheerful and successful the
and home factories and in the training camps.
Let the films present the noble idessla the war.
the human virtues calls into pay and the fne senu-
ment it engenders, less than The dark passions ana
horrors.
such presentation would give au proper mental
preparation for our big task
South Bend news-times. (South Bend, Ind.) 1913-1938, 1917-07-15

EDOM history has legislation notably tying
hands of
the present than has in its handling the food and fuel
bills with the socaled
6ona heaven only knows where will end difficult
sometimes whether
reichstagand
Fourth of July oraions binders the contrary Notwithstanding
Take a first instance, the subject of fuel:
Fuel quite imperative
policy of handling coal should be settled
Yet have the president Sy Baker and the
united on policy and holly opposed by S Lane and the bunch
the
vso council of national defense the latter backed by the railroad bankers
the tustcr owd.
beautiful
have rushed to Washington gauouy coal advisors
lumber lumber railroad
advisors and steel trusts to do likewise steel and
whole
ests will finally faint the advice rendered bound
There already coal famine largely nency of railroad
Worse far anthracite coal concerned the stock that
should be stored for being consumed alarming
Pres Wilson wouldn't hurt his standing with people should he
about othrd of his patriotic advisors whose patriotism
keeping their best their private interests.
this he big which
he might pack of 'yaller dorgs.'
is much the the matter of food with fuel The food
patriots" thick in Washington
South Bend news-times. (South Bend, Ind.) 1913-1938, 1917-07-15
Selfish BeneuoZence and the American Reichstag

conflicting business nteresby which the
willing be hauled about playing politics;
thing to check progress
The supply the nation stake The life of allies and of
the whole allied S a stake.
The losing winning the depends primarily whether the
the allied be fed through the We have
help
And while dawdes and quare and pocrasnae that
hands of the spectators
public that all food
stu will be reapd transported conserved and distributed portions
the millions who need them, have chaos
honal capitol ened grab already under
public administration but by monopost
blers and exorionsts
The president everasng right his declaration that I'VE must make
public the government Selfish
forbidden the be al
robbng purchaser AS the president
prices the thing everywhere They the eff
the ency of the nation whether the government that
them not They victory or defeat
bill July though
advice that three later than the latest safe date
clud with mddlesom and amend
of the the
a
less and disastrous oratory.
we'll but amazingly stupid and stubborn
is serving not America, but Prussia.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1917-07-15
BY
John Elfreth
Watkins

nverous reader but i'm later years she employed her
entirely making beautiful lace, which she
wore For a very long period before her death her
only had been her attorney, who her about
twice n a decade. II has said that in
guarded moment she claimed royal blood. and that in
another she mentioned having a who a we'll
known officer the British army. Her attorney was
alleged admitted that for his services in her
he well paid by influential personages whose
identities he refused to reveal.
BIacI, Angel his upon her
May IL, 1905. few days before which date she had
years old. The grave which she
bore her unlocked mystery is uncarcd-for mound
the pOter's field adjoining sOmbre walls of Mat
IL is marked by only pine stake bearing the
number "ss'.
After her aged bones had been hidden away I'm the
potter's nd while being prepared
another unfortunate only personal relic worthy Of
mention could be found among her effects 1t
scrap of paper hidden away in pocket of her
needle case, and bearing this Omar
Khayyam:
when first this world of Join and pain.
Assailed by doubt that will remain
wondered what live die.
The question oft pondered. but in ain"
tragic bearer virtually admitted throughout the
wears Of her incarceration.
MY father and mother both dead; have con
cealed my family name" she averrcd a day TWO
her
She fulfilled her prophcsy:
When 0easI all vii die with me-
South Bend news-times. (South Bend, Ind.) 1913-1938, 1917-07-15
Human Riddles
That Have VeXed
the World

when dead all will die with 1 have
promised very STILL to without betrayng any
thing"
heavy blue veil hid the face of the prisoner the
bar The prosecutor asked have it lifted, but she
would consent and the judge did insist. Her
good and sufficient reasons.
The mysterious defendant either Canadian Eng
lish had Troy y. y, i'm 1881 ostensbly oh
tain a situation as teacher Although she failed
apply a position she always supplied with
funds with which she maintained comfortable home.
introduced herself Robinson.
was reputed o Dc a widow
II was discovered that she and one Of the nfiu-
entail bachelors Troy lovers.
came to Mrs. Robnsons the news that he
about marry the daughter a weII-knOwn judge.
Cast or her funds running low. the Tilted woman be
obsessed by the affairs. She discussed
her disappointment with the chance passers-by
whom she proclaimed herself the lawful wife Of her
former cavalier Upon the day when his friends
discussing of getting out of town. a
strange murder stirred Troy. \ grocer and a young
living with his family dropped after
ing been poisoned at dinner Ii happened that the
arocers been Jealous OF him and the other
victim. IL happened also that Mrs. Robinson after
having stopped his shop 10 buy provisions the
time OF the fatal meal had accepted the invitation of
the grocer sit the table and have glass beer.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1917-07-15
TRAINING PUBLIC SERVANTS.

Training for public service coming be definitely
recognized the way attain the highest kind Of
service. Gradually the universities private
colleges are establishing departments especially de-
voted 70 such instruction
Government administration is a much more difficult
task today than it has been i'm the past The problems
of municipal state national administration are in
.relsingIy complex Politics must play a smaller part
tl the actual administration peoples affairs.
art ties and rrejudices give way ability and
.f.-.eucy.
Ths un ersjtv OF Wisconsin Is about 20 open a public
service trairIur school It will of several
st.uuou- amous them the university OF Texas West
,ra Reserve university. Columbia university and the
college of the city of New York, that have endorsed
-seb work.
The National society for the Promotion OF Training
for Public Service pushing the work everywhere It
assured that the idea viii and that
and more young men ard women looking toward public
careers win have train FOR them carefully a.
LAWYERS and physicians train for their work
There win be the danger OF specializing too OF
narrowing the educational foundation Of the public
saut Naine tEe student set ont public officials
and stads actual concrete problems as they being
handled everyday life viii do much to keep a sane
balance between academic theories and the realities Of
administration. on the whole. the good be
serompli-hed by such training % outweigh the
81 de- Aopins 0ysEsxRsrt hOdz OF officials,
South Bend news-times. (South Bend, Ind.) 1913-1938, 1917-07-15
Mystery of Matteawan

Although motive proved she was charged
with the murder and locked up the Troy Jail.
on the third morning of her trial, judge
marked:
thus far proceeded with the prisoner
masked. The singular spectacle is here presented of
a person a high capital crime whose face
neither jury have seen. Ii il re-
pugnant my feelings to try a prisoner under these
circumstances:
II ann here. your honor. to undergo most painful
trial, he gazed at"
She again troubled 20 unmask Her defense
insanity but the jury after having been out three
hours. found her guilty of murder
passing the seemed to be imPelled
by a desire TO add To the suffering which fate had
mysterious defendant.
ITO you life lost. character gone friends gone
grim mocking words. Everything is
lost You. Honor and virtue gone. Indeed life
YOU is worth POSSESSING"
He ordered that she be hanged Aug 3. 1855. but
a week previous that date the governor commuted
her sentence to life Imprisonment She confined
Tor over years Sing sing penitentiary then for
over IL years in Auburn hospital for the insane
finally years the asylum the criminal
Matteawan In all she served % years with
revealing her identity.
Fate. cruel TO her i'm other was kind i'm help
ing To hide her secret. Fire broke in sing sing
destroyed all record of her there. From the time
key the Troy jail first turned upon her
she a letter signed her name. Some
remembered that she had helped tighten the gloom
of sing Sing by playing beautifully upon the chapel
In her carly prison day. she bad besn ouac
South Bend news-times. (South Bend, Ind.) 1913-1938, 1917-07-15
Spiritual Versus Material

b
J y hH be Hng pHgs the y "
he p HmE thai hs ben nj ghtf
b oSh o o Thought for upemaym finally he dh
ddHe ar6eoN eyHmo heen base bG
la
san shameless dt linus rely u
Ha pea hHTL heqm@ oyhyt that promote Hh t
n
Hd chased ut qd fhm h hHan dpngr than ever d o.
democracy aupoges qnHtyIN ntrny ndh be p 6
a in spite y rnd Mm al men
dhP
W bd ON he pntl not h h
O eel d MY great
cling pE gospel g"dw
grip m lie
though
Thoughts doomed
South Bend news-times. (South Bend, Ind.) 1913-1938, 1917-07-15

- evening daily editions 12c weekly IS per year IN a
delivered by carrier; SO by Phones: Home
1851; Bell, 2100 once: 21O " Collar Az
South Bend news-times. (South Bend, Ind.) 1913-1938, 1917-07-15

So mayor Ke1er's number IS s6s too, eh7 Guess the
kaiser only eazabo by the exile Patmosi
south Bend is world famed" again And the same
thing aplpies Ed Keller county treasurer-and
Helen Keller. the blind girl
Indeed it seems that there still those who
the Bible that proyerbia "old fiddle upon which any
tune can be played. The next number will be-
South Bend news-times. (South Bend, Ind.) 1913-1938, 1917-07-15

ONLY SUNDAY NEWSPAPER IN NORTHERN INDIANA
" Mailed In South Bend second class matter
- s--,,,,rpe p-..,s.,t T. NJ STEPHENSON.
JOHN zUvER, Editor