davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-25

IT ducs udS Hdu TWO jumps III INC
last three months, and others will
come, after a period OF quiescence.
When the trade reaction comes, the
panicky conditions will be intensified
because Of the enormous capital
taken out of American trade and
sunk in permanent foreign invest
ments, which cannot be expected to
be paid in cash at maturity, but will
be refunded at higher rates. During
previous panics we have always had
England, and finally France, to call
upon urgently for support. But we
are now the self Reconstructed bank of
the world, and yet we 90 on borrow
ing from ourselves to finance vent
ures which, TO say the least, are
highly speculative.
The above is, Of course, entirely a
matter Of opinion, and the tone of
caution may result from my changed
environment. ] hope | am entirely
wrong, and that our big, fine coun-
try will continue to produce more
wealth than it can possibly squan-
der, but ] am constitutionally afraid
Of the willing borrower, particularly
when he agrees to pay when called
upon.
OF one thing am almost certain.
Government finances will not be the
playthings Of private iinanciers, as
they have so often been in our past
history. From what ! know per-
sonally Of the men who arc working
for the government now, ! am quite
sure they have certain broad under
standing of finance and economics,
and have the advantage of the prac-
teal advice of some of the most as
tute international banking minds.
Some of these men, like Mr.. War
burg, have left the most lucrative
stations in private life in order to
work for the government, and their
advice is priceless, particularly when
we look back and remember the Ten
ressee Coal and Iron deal, the way
in which our government bonds were
"knocked down" TO the lowest bidder
and the Grant and Jay Cooke cpl
sodes. In none of the above cases, l
believe, could the Administration OIL
Gals be blamed for completely in any
deals. They simply lacked disinter-
ested, experienced advice, and list
ened to the siren voices Of the pri-
vate, proft-hunting "exploiteur."
We have heard lot about the vast
profits which private industrial COM
ranies will make if this country gets
into the war. 1t is my belief that
public sentiment will not countenance
any extravagant profits by private
individuals at the expense OF the
people. The "embalmed beef man
and the sutler will get short shrift.
We have recent European precedent
to guide us, and ! believe that at
least the principal railroads and es-
sential monopolies Qike coal, for IN
stance) will be operated by the gov
eminent under something like the
guarantees given the railroads IN
England. The operation there has
been satisfactory to the public and
the investor, so far as | can learn.
HERBERT FITCH.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-25

The above rates express the cost OF
foreign money in terms of the Ameri-
can dollar. You buy an English pound
sterling for $4.75S; the intrinsic par
ity is $4.S65s per pound. Thus. you
say either that pounds arc at a dis
count or that dollars are at a pre-
MUM, which is owing to the fact that
in England the demand for dollars
with which 70 settle accounts in this
country is greater than the demand in
this country for pounds vita which to
settle accounts in England.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-25
SATURDAY., March "a. 1917.

Financial operations at home and
abroad have been on such a huge
scale in the last two years that the
sense Of wonderment is benumbed.
We have become so accustomed to
think Of international finance in
terms of billions where tens of mill
ions seemed large before that our
ideas of such sums have perhaps be-
come somewhat out Of proportion.
That is why the suggestion that the
United States government should
lend the Allies $5,0O0,000,0O0-a sum
equal to that raised by England in
the largest financial transaction in
the worlds history-instead Of a
mere billion, as advocated by Gov
ernor Harding of the Federal Re-
serve Board and enthusiastically ap-
proved by international bankers,
causes little establishment Indeed,
enthusiasm has run so high in some
quarters that it is seriously proposed
to give France a billion dollars as a
present. Since the most practical
way of assisting the Allies would be
to grant them large credits for pur-
chases in this market, the scheme
of advancing them a billion dollars
has much to recommend it. How
ever, it is not impossible that the
same object could be gained by plac-
ing Allied securities with private in
vestors, as in the past, instead Of
through the government. Patriotism,
a factor not present in previous
flotations in this market, would GER
tainly tend to stimulate investment
in such loans were we making COM
mon cause with the Allies.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-25
viii Last Until June

Proceeds Of the present loan will
finance both Dominion and imperial
governments in respect to war ex-
penditure in Canada until June next
and possibly longer. Then some short
term financing may be done in New
York or Chicago. No further war loan
issues are to be looked for until next
fall. II the war appears to be near
conclusion an offering OF short date
securities only may be made.
Issue charges in connection with the
present loan will not exceed three
quarters Of / per cent, while a similar
loan offered in New. York would have
cost Canada more than three times as
much.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-25

The record of the last two years
shows that appeals to the private
investor have been, on the whole,
very successful, Since the outbreak
Of war we have, besides repur-
chasing from abroad American Sc
curities valued at more than $780,
100000, loaned to foreign borrowers
over S2,6OO,OOO,OOO. Of this amount
$685. 100000 has been advanced to
the Allies, divided as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-25
.set7.eo1.OoO
Total liabilities. .........s

o
Gold reserve agains. net deposit and
note liabilities, 70 per cent; cash re-
serve against net deposit and note LA
bilities, 80.5 per. cent; cash reserve
against net deposit liabilities after set
ting aside 40 per cent gold reserve
against aggregate net liabilities on
Federal Reserve notes in circulation,
31.4 per cent.
Total gold reserves. ... Inc $3.50, $4,000
Bills discounted and accept
anccs bought. 1927, 900
Due to member banks Inc. 2S2, 301 COO
Net liability for notes Inc. et,748,ooo
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-25
FINANCIAL MEETINGS


"VEI-E U aLLIINt.
u. ~ Broadway. Rev YORK. ~. Y.
= b. .Ll.zi Meeting Of the Stockholders
ssuihsrn PacInc COMPANY viii be
ls<,,. ~. once a. this Company IN
s,1s.'s J.nefscn County. Ksn:uckI, o.
~ ss1al Aprn 4, 1917. At twelve o'clock
- VIZ ~ Wv
i ..scf fifteen Directors
~ i.ssHssct al such other business as
f.<syssy cpfnf bffDfs the meeting. m.
49, ~ approval ana ratification ~ al
e ~, We Board n Directors and Of
tsssi ,..fe COMMITTEES since the lsst
tTss,'s-' sfihs ~ tss Stockholders u this
~, ~ Purposes 81 the nesting. the
fsss< IT ne transfer ~ stock will bs
kss4 81 ~ O'clock noon. On Batufcar,
fs1<k ~ ,.siI ana vii BE- rfopsned AZ 10
y 49,. ~ fhBfanay, April !. 1911.
t - TIE board III Directors
Ds.d .. HUGH MILL. ItcfefSfy.
~ 'ingary 2. 1917.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-25
t6t,741,5f5 157,865,615

Clearing House Statement.-A less
favorable condition was revealed in the
weekly return Of the New York Clear
ing House banks. Surplus reserves de-
creased $21,O73,6lO, while loans and
discounts increased s2S,3sO,OOo. Net
demand deposits increased ;I4S9,OOO.
The loss in cash is explained largely
by the drain through the Federal Re-
serve banks.
The actual condition on Saturday was
as foli.9s;
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-25

Below is given the current exchange
value Of foreign money in dollars and
cents, together with the intrinsic gold
parity. as calculated By the United
States Mint:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-25
The Dollar in Foreign Exchange

Rates in London and Paris have been
6rmly maintained during III last week.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-25
Cost of one dollar,

Closing rates yesterday, compared
with a week ago, were as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-25

Sub Treasury. - New York banks
Gained from Sub-Treasury 'i,964,OOO.
silver.-Bars in London, 35a pence;
New York. IL, cents; Mexican dollars,
55t: cents.
Gold Currents.-Gold coin TO the
amount OF $500. 600 was withdrawn from
the sub-Treasury for shipment to Cuba,
and $3.50 900 for shipment to Spain.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-25

Bank Clearings.-Ths days clearingS
A. New York and other cities;
Exchanges. Balances.
vov, york.. .s53s.eeo. 3ee s26, $4,000
ns,.iuora 6.7c8.375 1888
poston 34.e72.eo3 5.9e1.o26
Philadelphia 4S'soo'fSo 4'r'7''''
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-25

Imports and Exports Of Gold.-lm-
norts Of gold in February amounted to
t1n3.766.495. and exports S22,o6s,O5s'
leaving an excess Of imports of $751;
sos i9s. During the twenty-six months
~ he war beginning with January,
1915. and ending with February last, the
EXCESS of gold imports over exports
10. amounted 10 sl.010,2s5,l5S.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-25
LIABILITIES

Capital paid in. ...........
Government deposits. ......
Due 10 members reserve
Bisbee daily review., 1917-07-31
Lemons Written and
 Beautify the Skin! Make Cheap Lotion

The juice of two fresh lemons strained into a bottle containing three ounces of orchard white makes a whole quarter pint of the most remark able lemon skin beautifier at about the cost one must pay for small jar or the ordinary cold creams. Care should be taken to strain the lemon juice through a fine cloth so no lemon pulp gets in, then this lotion will keep fresh for months. Every woman knows that lepon juice is used to bleach and remove such blemishes as freckles, sallowness and tan and is the ideal skin softener, smoothener and beauti- fer.
 Just try it. Make up a quarter pint of this sweetly fragrant lemon lotion and massage it daily into the face, neck, arms and hands. It should nat urally help to whiten, soften, freshen, and bring out the hidden roses and beauty of any skin. It is wonderful for rough, red hands.
 Your druggist will sell three ounces of orchard white at little cost, and any grocer will supply the lemons.
Bisbee daily review., 1917-07-31
MEXICANS CANNOT AFFORD TOMBSTONE
 TRIP SAYS CONSUL
Representative of Southern Republic in Douglas Asks That Countrymen Be Ex- cused From Obligations.
fBy Review Leased Wire. ]

DAUGLAS, July Solves G. Lelevier, Mexican consul here, said today he had telegraphed Ygnacio Bonillas, am bassador of Mexico to the United States, asking him to cdll to the atten- tion of the proper authorities his pro- test against Mexican citizens being forced to go at their own expenses to county seats in Arizona before ex- emption boards for examination for military exemption.
 Fully forty per cent of the men reg istered in Cochise county were aliens, most of them Mexicans. Tombstone. while the geographical center is not the center of population, many men having to go from so to 100 miles to get thtre.
 The consul said today that great numbers of Mexicans could not afford the trip. He wishes to have a ruling made that presentation of certificates of Mexican citizenship by mail win be sufficient
Bisbee daily review., 1917-07-31
PLEA FOR TRUE AMERICAN|SM IS sMADE BY JUDGE DOAN IN ADDRESS
 1, BEFORE WORKMEKS KSLOYALTY LEAGUE

introduced by Miles Merrill, pres ident of the Workmen's Loyalty league. Judge Doan of Douglas urged that every resident of the district join either the Workman's or Citizens leagues, pointing out that it was the duty of the work ing man as well as that of every other man, woman and child, to uphold the government and work together that the nation might be helped and not hampered in its war against German militarism.
 He assured his audience that the citizens of Douglas were glad to have had the opportunity of help ing the Warren district on July 12 and promised that the co-opera- tion between the two cities against un-Ameriacnism would be even more firmly cemented in the fut- ure.
Bisbee daily review., 1917-07-31
MINE MANAGERS AT GLOBE ARE SILENT
 REGARDING STRIKE
Walk-out Period Is Practically Ended, Opinion of Hunt Companies Submit New Grievance Rules to Work men.
tBy Review Leased Wire.)

GLOBE, July 30.-Despite the fact that former Governor George w. P. Hunt announced this evening that the strike, which is tying up the biggest copper producing district in the world was practically at an end," the mine amnagers refuse to make any definite statement regarding conditions.
 According to Hunt, who is the per sonal representative of President Will son to investigate strike conditions, Conciliator Mcbride held three con ferences today with the managers of the three big operating companies.
 Regarding these conferences, Gen eral Manager P. G. Beckett of the Old Dominion company, issued the follow ing public statement:
 mittee: ,l ..
 "As the result of our joint confer ence today with Judge Mcbride, and at his suggestion, the following has been agreed upon:
 Whenever a vacancy occurs in the workmen's committee this shall be fill ed by the remaining members. If a second vacancy occurs this shall be filled in the same manner and an cleo tion shall be held within 30 days at which two members shall be elected and the members appointed to fill the vacancies shall cease to serve.
 Regular meetings of the work mems committee and representatives of the company shall be held twice a month. Matters of personal grievance may be presented at any regular meet ing which shall be finally disposed of not later than the next regular meet ing, which shall be finally disposed ?f not later than the next regular meet ing, but special meetings may be ar ranged for the disposal of grievances when necessary.
 The workmen's committee should understand that the hospital depart ment will always welcome any inves. tigation it may care to make on behalf of employees of the service given by that department.
 Tt is understood that Judge Me Bride held similar conferences with the management and employees com mittees of the other companies, and that similar decisions were arrived at. '
 John R. Mcbride, representative of the department of labor, refused to make an estimate upon the possible length of the copper strike in the Globe-Miami district. However, ne said that he was heartily in accord with the statement made by Genera Manager P. G. Beckett of the Old Do minion company.
 Secretary George D. Smith of tn- International Union of Mine. Mill X Shelter Workers said tonight that the length of the strike was indefinite and that the men would hold out until the last to get the demands which have been made upon the big operators"
Bisbee daily review., 1917-07-31
MysteriOus Fire Destroys Home
 On School Hill

Fire of undiscovered origin destroy ed the home of Martin Schuller above High road, Sunday night. The alarm was turned in at 1O:2O but the fire de- partment was unable to get to the scene, the highest residence spot on School hill, in time to prevent the de- struction of the building and its con tents. The smoke eaters, however, did good work in preventing several near by houses from being damaged. Schul- Ter told Fire Chief Barney Norton that he was at a moving picture show at the time the fire was discovered, and declared he had no idea of its origin.
 An adjoining house was threatened with destruction by fire several weeks ago but was saved by the quick ar rival of the fire department lndica- tions were that this building, but few feet from the Schuller home, had been set afire. It was unoccupied at the time. The fire at the Schuller home will be thoroughly investigated. The loss was about s700, the greater part of which is said to have been covered by insurance.
Bisbee daily review., 1917-07-31

4 TIER having been closed for
 several weeks-since the l. w. A W. attempted to make use of
 it to spread their un-Amerlcan propaganda-the City park was again thrown open to the public Sunday night when the Workmen's Loyalty league held a meeting. A good crowd of loyal citizens at tended and enjoyed the program, the first of a series of joint meet ings arranged by the two organi- zations.
 The c. & A. band played from z until 8 o'clock, when the meet ing was called to order. Jack Rancourt then sang Don't Bite the Hand That's Feeding You" and the catchy, appropriate words of this popular song drew rounds of applause.
 The speaker of the evening, Judge Fletcher M. Doan, was then
Bisbee daily review., 1917-07-31
HIGHER CORPORATION AND INCOME TAXES TO
 RAISE REVENUE BILL
Revision of Measure Is Started by Senate Finance Commit tee-Whiskey and Beer Must Also Pay More.
(By Review Leased Wire.)

WASHINGTON, July 30-Revision of the war tax bill to increase it's to- tals from S1,670, ,0OO, ,00O to about S2.- O00,000,00G was undertaken by the sen- ate finance committee while house leaders informally discussed measures to provide further against the increas- ed estimates of this years war eXpen- ditures.
 Final action was not approved by the senate committee, but Chairman Simmons announced today that the concensus of the committee opinion in dicates that the following changes will be made in the tax measure: ( Imposition of most of the tax in creases on corporations and individ- uals having incomes of S20,000 and more
 Material modification of the so-call- ed Jones amendment which in. it's pres ent form levies 15 per cent upon cor porations' undistributed surplus.
 No increase of the normal income tax rate on individuals, but an in- crease, probably to per cent, of that on corporations.
 Additional taxes on intoxicating beverages. including whisky, beer and wines.
 Increase of some of the consump- tion taxes imposed in the bill on su- gar, tea, coffee and cocoa, and possibly addition of a few new consumption taxes.
 Addition of few news mall taxes.
 The exact division of the new tax burden has not been decided, but in creased corporation income taxes probably would raise about S170,00O,- 900 of the S30O,O0O,000 to be added @ the bill. The normal rate probably will be made per cent It is per cent under present law and an increase to per cent was provided in the bill as it passed the house.
 Committee sentiment has crystal lized decidedly against further in creasing individual income taxes ex cept on incomes of $2O,OOO and more The additional increase in rates on in toxicating beverages probably will not be large As drawn the bill would double the present rate on whisky ana greatly increase that on beer.
 Should consumption taxes be in creased, it is expected the proposed rate of one-half cent a pound on sugar would be raised. Among new revenue sources the committee is considering is a new tax on petroleum products, including gasoline.
 Whether the Jones amendment tax ing corporations undivided surplus Is per cent is to be reduced in its levy or entirely eliminated was not decided.
 The committee decided today to change the basis of war profits taxa ton so as to include, under the exemp- tion clause, certain concerns in exist ence before the war.
Bisbee daily review., 1917-07-31
PetrOgrad Again
 Scene of Riots
(By Review Leased Wire.)

STOCKHOLM, July S0.-Street fight ing in Petrograd last Monday aud Tuesday was of considerably greater portions than admitted for publica- ton, according to information given the Associated Press by a man who has just arrived from there. This in- formation, whom the correspondent has personally known several years as an impartial and capable observer, said that the reports submitted to the gov ernment showed 400 killed and about a thousand taken to the hospital
Bisbee daily review., 1917-07-31
RUSH FOR MARRIAGE LICENSES FOLLOWS
 FIRST DRAFT CALI
CBy Review Leased wirel

NEW YORK, July 3O-With the first call of draft exemption boards in this city issued to men of military age. 9 rush on the marriage license bureau that threatened to surpass all previous records was started Licenses were issued today to S51 couples in Man haitian and nearly 300 in Brooklyn. It was pointed out that the rush followed publication of a ruling by Provost Marshal General Crowder that man with wife solely dependent on him fslls within the exemption class. re
 gardless of the date of the ceremony
Bisbee daily review., 1917-07-31
Mixed Up at San Diego
tBy Review Leased Wirel.

LOS ANGELES, July SO.-Fred H. Moore, an attorney Of this city, wal. one of counsel in the trial of several members of the Industrial Workers of the World at Everett. Wash. on d charge of murder. He was attorney off the organization during free
Bisbee daily review., 1917-07-31

To restore merchant fleet Germany is said to be planning new ship sub sidies graduated according to speed of construction and ranging from so to 80 per cent of peace value, if ship is put into commission within three years after conclusion of peace.
Bisbee daily review., 1917-07-31
ALIENS FOOT-EASE DOES IT.

When your shoes pinch or your corns and bun ions ache SO that you are tired lover, get Aliens Foot-Ease, the antiseptic powder to be shaken into the shoes ard sprnSled in the foot-hath. twill tAke the sting out of eorns and bunions and give instant relief to Tired, Aching, swollen, Tender feet Over 1O0,0o0 packages are beng used by the German and Allied troops at the front Sold everywhere, 25c. Don't accept any subsflfuts.
Bisbee daily review., 1917-07-31

speech" agitation in San Diego few years ago. Acquaintances here de scribed him as prominent in labor cir cles throughout the country.
Bisbee daily review., 1917-07-31

Usually the man with the most nerve is the hardest to shake.
The Birmingham age-herald., 1917-09-22
CIRCUS APPEALS
 TO THE CHILDREN
Barnum & Bailey This Year Have Devoted Special Attention to At
 fractions for Little Ones

No institution in the world gives so much wholesale pleasure and instructive amusement for the little folks as the circus; keeping this idea in mind, the management of the Barnum & Bailey greatest show on earth, which visits Birmingham Monday has arranged many features which will appeal to the chill dren, at the same time recognizing the fact that what amuses and educates children has an equal attraction for parents.
 Among the thousand and one wonder full sights are scores upon scores of those which are really of benefit to the little folks. Special acts and features are secured for the avowed purpose of delighting children of all ages, and the smallest child will be sure to find some curious or entertaining object within the big tents to amply repay the parents for the visit.
 Children's numbers are arranged on the programme especially for this ob- ject and embrace sights and feats easily comprehended and understood by their youthful minds. Little elephants, tiny ponies, baby monkeys, big bears and other creatures are taught to execute tricks similar to those read about in story books and for the three hours they may possibly remain in the show, the children are really reveling in what their youthful fancies imagine is a vey- itable fairyland of wonders Such at- fractions as the two menageries afford them an excellent idea of the beasts, birds and reptiles living in the world