davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1917-11-25
MOTOR CARS SAVE GRAIN.

Announcement that grain suitable
for human food will no longer be fed
To horses in Great Britain calls atten-
ton to possibilities Of gradually en-
laryfng production OF world food
supplies BY utilizing vast areas now
devoted. TO producing grain for horses,
for which the world is rapidly sub
stituting poweF-driven vehicles.
A. compilation shows that number
OF horses on farms in United States
in 1917 is no greater than in 1910.
while population has increased d per
caA and these charges do not in
cltle horses in cities, where sub
stitution of power vehicles for horse
drawn is even greater than on the
farm. Total of horses in United
States in l9l7,- including farms and
cities, is probably less than in 1910,
while population to be fed has in
creased Is per cent
During l9lO-l917. production of petro-
lsum used for road and farm machin-
cry taking place of horses shows
enormous increase. Petroleum pro-
duced in United States was in 1910,
s,So1, 100000 gallons, and in 1916, Il, 2,264,-
OOO, 900. an Increase Of approximately
50 per cent 49, .- .-..
Census of 1915 showed over $780,
10000 worth of automobiles produced
in 1914, against less than s2OO, 200, 900
shown by census of 1910. Farm trac-
tors are now performing much service
for which farmer was formerly de-
pendent on horses. Department OF
agriculture shows as a partial census
of tractors in United States "a, 81 in
commission, representing every State.
Very recent reports Indicate large
numbers Of farming tractors being
purchased for community uses, andd
a single. manufacturing concern in
Ohio reports contracts for agricul-
tural tractors aggregating SIS. 900, ,060
wIh prospects OF 5e,OOO.e 600 during the
SAr.
The Washington herald., 1917-11-25

at the top. driven by women and girls
who are experts at the wheel, are
in use throughout France. Many of
them, as the one shown in the pic
tuFe. take the wounded Tom
mics and "Poilus" on long trips
through the more peaceful districts.
At the bottom. to the left. is Miss
Hilda ID. Amber. of bridgeport,
The Washington herald., 1917-11-25
NEW HOMES ALL Sold

N. L. sansbury company. Inc, re
ports the sale Of premises izs2 Park
road northwest. for Admiral Franklin
c. Prindle. Semi-datched residence.
stories and cellar. II rooms. . baths.
sleeping porch, hot water heat. cleo
trio Hight, garage. Lot 2ex11s feet 70
an alley. Price. s1s.5oo. Purchaser. Mr..
Patrick Smythe win occupy the prem
iseS For Charles L Tankensiey. IN
connection with H L Thornton. prem
ises 460S Georgia avenue northwest,
stories. rooms and hath residences.
hot water heat, electric Hight. hard
wood floors Lot 3ox115 feet 20 alley.
Price, s4.S75. This completes the sale
by the n. L Sansbury Company. Inc.
OF a row Of seven new homes erected
in this square by Mr.. TankerSley. The
total sale price of which was t2S, 500
The Washington herald., 1917-11-25
SONG OF oF.HEaMoToRIsI.

Twinkle. twinkle, little star.
Cleaning Ike Exealibur.
Gee. you gave me quite a scare
Shining 30 tntentiy there.
Come now. pretty little star.
Put me next 70 what you are.
Pray inform me. little wight,
Are you pinned against the nightI
mix, I'm no Celestial star
Shining at you from afar.
I'm no planetary orb,
Here's a screed you may absorb:
81 adorn the sheriff's vest,
Twinkle. twinkle, little star.
Sixty bones or leave your carl" s
-Milestones.
The Washington herald., 1917-11-25
The Little Gray Mule.

No one asked what he thought of war,
How his conscience stood, or anything
more,
But they took him to France, to stand
e his chance,
IT'S all right, only a mule. ,
He pulled his load to the top Of the
hill,
A shot rang out. and he lay, quite
still,
Anyone hit?'' mo, we're it," ~.
It's all right. only a mule.
Westminster Gazette.
The Washington herald., 1917-11-25
Dsinking Water Is Not
Good for a Thirsty Battery

Hard water. containing minerals. is
harmful to the battery" says !. T.
KaIas. mahaser OF the Exide Depots
Inc. branch in washlngton. Water
that Is pure as drinking water Is not
necessarily pure water for your bat
terry. Distilled water or clear rain
water is the best. Removing the caps
at the top Of the battery, water should
be added until it stands well above the
plates. though not up to the top Of the
containCr.'
The Washington herald., 1917-11-25
American Girls Bravery
Shown on French Front
Ambulance Drivers, Rush Into Thickest of
:, : Fight to Rescue Wounded Many
Win Decorations.

| Paris. Nov. 24.-Over the shell-scar-
red ground of Flanders. and in pFaci
! ticatly every danger zone, on the war
maps of Europe, women5 ambulance
| driEers are today whining laurets for
| theE sex because of theifs unfailing
courage in time of danger and for
their splendid ability as drivers and
mechanicians.
In the ante-belIum days of 1914,
| breaking the speed limit in a car
stripped to its best racing trim. was
one Of the chief outdoor sports of
many Of the rich young women in
America and or the Continent, but the
soldierly clad, patriotic girls, who are
doing their bit at the front today are
getting more thrills to the minute
than any speed enthusiast who has
paid thousands of dollars in fines for
the privilege
A Dangerous Task.
Collecting the wounded IS not the
simple thing OF running over TO the
station to meet the train and trans
porting the wounded to the nearby
hospitals. Indeed, not. The women
drivers of the ambulanees go right
up to the clearing station within
reaeh OF the big guns.
They think nothing of getting bit
of shell through the bonnets of their
cars and It has yet to be reported that
SO far any of the girls who have VOL
uAteered for this dangerous branch Of
the service. have pulled any Lydia
Languish stunt in the face of an
emergency.
Attached to the Scottish women's
Hospital, which, by the way, was
MANNED and is being carried out en-
tirely by women, is an X-ray automo-
bile. driven by woman, which has
saved a good many lives
The Washington herald., 1917-11-25
A FREAK CAR.

!. customer-I suppose this ls9 model
here is to show how well your cars
last. .... ..
Auto Dealer-No; that is Just a
freak car, ten years old and never
had a single mortgage on it.-Judge.
The Washington herald., 1917-11-25
@Leeking in Experience.

T9es beginner gazed wrathfully at
thefs S4ddfe for moment. Look
herS - he :,said. I'm tired at your
Laughing at my game. If hear any
more of your impudence III crack
yout over the head"
"AlEright." replied the caddie, NOV
ing away. but I'll bet yer don't know
what ; fhe, right club to do it with"
Philadelphia Public Ledger.
The Washington herald., 1917-11-25
Mails win Be Slower.

Look for delayed mails when the
Postofice Department puts on many
women carriers-it takes some time
to read all the postcards cappers
Weekly.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-15
COTTON SPINNING INDUSTRY
AT NEW PEAK OF ACTIVITY

Washington, Feb. Il. - American
manufacturers are using more cotton
than ever before in the eountry's his
tory. Mills throughout the United
States in the six months ended with
January consumed 1857 .66S bales. a
new record. the Census Bureau En-
rounced to-day. Last year during
January, 2.0Sl bales were consumed.
During January S3.0oS.609 cotton spin
dies were active. the largest number
ever recorded. and comparing with
81 .S46.C5S a year before. Cotton con
sumed IN January amounted TO 60S, 70l
bales, the second largest month in the
industry's history. Last March 6l5,1Si
bales were used.
The large number Of splndles active
in January, IL was explained, was due
10 the starting of several new mills.
Cotton on hand January 81 In con-
Suming establishments amounted 10
2,S04,S66 bales. compared with l.97i,9Os
n year ago. and in public storage and
at congresses 3.7ls, 900 bales, compared
with 4,bS4,9i9 year ago.
Imports were 3S.A6S bales, compared
with 1882 year ago, and for the SIX
months l0a,2t7 bales. compared with
lSl,l37 a year ago Exports were 6O0,-
6T3 bales, compared with bS9.tlS
Year ago. and for the slx months g.
SSs,950, compared with s.s6l ,oos a year
ago.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-15

bonds have shown extraordinary re-
slstance under the circumstances. In
TIE event Of war it will be the east
est thing in the world for this gov
eirment to get what money it needs.
The country's bank position is essen
TALLY sound and the aggregate
strength Of the Federal Reserve
banks is greater than ever. There is
little justification for the theory that
our entrance into the war would
cause great depression in the United
States. The one thing certain is that
we would probably accommodate the
Allies with larger loans, granting in
creased credit facilities and making
it possible for them to enlarge their
purchases in this country, if need be.
Our foreign trade may be checked,
but it will not be stifed. The prob
ability is that this nation will con-
tinue to do business with the rest of
The world for many years to come.
Consumption at home is enlarging,
and, were it not for the dearth of
raw materials, the probability is that
domestic trade would become much
larger than it is.-UUiam 4. Lar,
president Of the First National Bank
Of Philadelphia.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-15
Winchester Arms
Profits in 1916
Nearly 4,5OO,OOO
Surplus Equal TO 2.39 Per Cent
on CapitaI-Cancellationo of
Rifle Contract Explained

Net profits amounting TO $4'44e'ooo
for the fiscal year ended February D.
1917. were shown in the annual report
of the Winchester Repeating Arms
Company. submitted at the annual
meeting of stockholders yesterday in
New Haven. While the net earnings
fell off s2O8,243, net sales totslled S26,
AL. O75, an increase OF s6,1S1.99O.
The years surplus after interest ard
depreciation charges was S2,39O,53l,
equal to 239 per cent on 100000 cap
ital stock.
The report referred TO the company's
amended contract 70 manufacture En-
field rifles for the British government
as follows:
"The company has been able 20
amend such contract TO provide for the
further prosecution Of the work under
an arrangement whereby his Britannia
majesty's government. in lieu Of the
purchase price fixed in the original
contract. rcimburses the company,
partly in cash and partly in British
Treasury notes. for all expenditures on
account Of machinery. equipment and
materials purchased for use in connec-
ton with such contract. and AL cost
Of manufacture, past and future
Special business taken by the com
psuy for August. 1914, TO December ST.
1916, exclusive OF the contract for En-
field rifles. amounted 20 $S7,i49,l69.
Cancellations were made aggregating
s7,153,6Sl. leaving the net amount OF
such business booked at s29,995, ass.
OF this there remain untitled gross
orders of S3,66A,1l3.
The report stated that deliveries
have been delayed and manufacturing
costs greatly increased on account Of
the abnormal industrial conditions
common TO the entire country and 70
all industries. and that IL affected the
Winchester Arms in particular"
The retiring board OF directors was
reelected at Yesterdays meeting with
the exception Of Henry Brewer and
F. G. Drew. who resigned, Henry
Stoddard WAS elected to MI one Of the
vacancies.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-15
ELECTRIC BOAT
EARNS 100000
Gross Business in 1916
Amounted to About
S26,000,000

A. l.. Scheuer. Isaac L. Rice, jr., and
George w. Hoyt have been elected di-
rectors fthe Submarine Boat Cor
poration, succeeding +. B. Frost, Nor
man Johnson and Thomas Cochran, re
signed. Other directors have been re-
elected
The annual report shows that all Of
the 1857, 900 received by the Sub
marine Boat Corporation from the
Electric Boat Corporation in dividends
was again paid out to the voting trust
certificate holders of the Submarine
Boat Corporation, represented by the
Sc dividend per share disbursed during
the year.
An effort was made by the holders
Of voting trust certificates to ascertain
from the Submarine Boat Corporation
officers. who are identical with the
Electric Boat Corporation, the earn
ings Of the subsidiary companies, sal
aries and bonuses paid to officers, ETC..
but this information was refused, and
the resolution to this effect was lost.
II was admitted, however, that the di-
rcctors in May, 1915, had voted to pay
members Of the executive staff a GER
tain percentage of each years earnings
as bonus.
The annual report Of the Electric
Boat Company. which il the operating
concern owned by the Submarine Boat
Company, showed net earnings of 81 r
12.Os5. compared with S5,622,S54 in
1915. The surplus, after charges and
dividends. was S1,S76,1S9, compared
with S3,A0l .522. Dividends paid
amounted to S4,6O3, 26O, against s1,76i,-
1873 in 1915.
President Carse, in his statement 20
stockholders, said: "The gross bus;-
ness done by the company In the dit-
fcrcnt departments for the year 1910
amounted to approximately $4,000
600, and the unfinished business or
hand at the beginning of 1917 amounts
to about 100000.
"Thc great value Of the submarine
boat has been further demonstrated,
and developments in the future will
undoubtedly be along lines OF larger
units. so that ultimately submarine
boats will be substituted for torpedo
boats and torpedo boat destroyers and
probably for light cruisers"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-15
IF 1t Comes to War

No power on earth can estimate
what one hundred million American
citizens, with unparalleled resources
and united action, could accomplish
once they became fighting mad. This
is the unknown quantity which has
been overlooked by the apostles OF
pessimism in considering the "fear-
FIJI things" that might happen in the
! United States If the country was
forced into war. The lack of mill
tary preparedness would be largely
Offset by the strength Of moral pre-
paredness, which at this juncture Of
ernpty-stomach fighting means much
for the nation owning more gold to
make war with-or TO force peace
with-than any nation ever had be
fore.
Should this nation be forced into
the war, the chances Of world peace
might be greatly improved. 1t is
impossible for any one to speak with
assurance on this point, however, as
the situation is so abnormal as 70
make it difficult 70 trust precedent as
a guide 10 the future. If war should
10 avoided, the unsettlement caused
by this crisis would have been pro-
ductive Of much good in welding the
nation together for patriotic support
OF the Presidents course
Until the war clouds roll away the
possibility Of our becoming involved
IN the European conflict will be the
controlling factor in financial and in
dnstrial affairs. II is fortunate that
The Shocks Of peace" preceded the
greater shock OF possible war, for
tho January liquidation in Il meas
uro prepared the markets for this
greatest scare Of the war period.
Hlgh-grade securities have stood the
test well, and. Notwithstanding the
heavy liquidation Of speculative Is
sues, the better grade Of stocks and
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-15
LONDON PUTS
"NEW MONEY"
INTO WAR LOAN
Food Situation Causes
English Experts More
Anxiety than Finances
By FRANCIS W. HIRST
lBy cabl. to The rnbunsl

London. Feb. 14.-The stock mar
hets remain featureless, all energies
being concentrated on the war loan
According to official figures, more
than double as much will have been
added to the national debt In tie
financial year ending March 81 as
was added during twenty years OF
European wars concluding with the
Battle of Waterloo. The total debt
by March will be about four times
the total debt Of 1916. Probably the
national wealth is about seven times
what it was then.
The two great differences between
the finances of the present war and
the Napoleonic wars are, first. that
we spend in fortnight more than
they spent in year, and. second
that the brunt of taxation now falls
on large and moderate incomes
whereas then it fell in a multitude
of duties upon the masses.
The success of the new loan may
be judged partly by the quantity of
Treasury bills converted and partly
by the quantity Of new money sub
scribed. A precise definition OF
new money" is not easily framed.
but the contributions of companies
and municipal bodies must, of
course, be included.
Bonar Law is confident that oul
financial resources will outlast the
enemy but food experts differ as to
whether the British people will be
pinched before summer. So far the
food restrictions have been few
though transport difficulties, espe-
cially for coal. have caused some in
convenience lately. But if the war
lasts until the harvest, a year of
privation most certainly awaits Eu-
rope and troubles attendant on the
rehabilitation of the army will be
aggravated greatly by the scarcity
of food.
"The Times" accurately states that
India is about to contribute much
more help than hitherto during the
war.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-15
The Dollar in Foreign Exchange

Although the rate was unchanged at
the close sterling exchange displayed a.
slightly easier tendency In the local
market yesterday and sales Of sight
drafts on London we're reported at
,476%, compared with ;4.75h the pre-
ceding day. Brokers attributed the
movement 10 the confusion due TO the
ABSENCE Of adequate mail facilities
between this port and London. owing
20 the German submarine blockade.
Only u nominal amount Of business
was transacted IN German exchange.
and the rate closed at s7H cents for
four marks, compared with So. on
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-15
Relevant
Information
United States Rubber Company.

United States Rubber Company
Stockholders at a special meeting yes
terday voted unanimously in favor OF
the proposal adopted recently by the
board of directors 20 issue bonds TO
the extent of S97 $4,000, in such
amount "as may be needful," and also
10 acquire full possession of various
plants now partly owned by the com
many. This means that the following
plants will become a part of the parent
compauv: Revere Rubber Company,
Rubber Regenerating Company, the
Naugatuck Chemical Company, the
Eureka Fire Hose Manufacturing Com
many. American Rubber Company, the
Joseph Bangan Rubber Company, Bos-
ton Rubber Shoe Company, L. Candee
Rubber Company, Goodyear's India
Rubber Glove Manufacturing Company,
Goodyear's Metallic Rubber Shoe Com
many, Hastings Wool Boot Company
National India Rubber Company, Shoe
Hardware Company and Woonsocket
Rubber Company.
The company has already put out
$50 900. 900 of the bonds authorized
yesterday.
While the new directors representing
the Kuhn-Loeb interests, which have
recently become identified with the
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-15
SPEEDING UP THE
SHIPBUILDING PLAND
British and French intsrsN
Buying Merchant Vessels

So far "a. effect in the trun ara :"
industry of the German su0nI-'
campaign ass been chiefly TO sfin-, =,
activity in nearly al departments :,
shipbuilding industry. sesNnt
"The Iron Trade Review, O" ="
speeded up several notchs' u %, - y
creased destruction Of tonnage ard y
probabilities OF the government r'q'.
ING much Of The space Of these T''
should war be declared.
-shipbuildsrs." says Tins ''' 49,.
ARE pressing ;he mills more 'nsAS
IL for deliveries, but they are n'
the plate mills swSmPed VIC - =,
A number Of new ship contracts - =,
been closed. Including six rr''vs
British interests. with as May nY !.
be placed If the mstersl can
cured. s,t
The French government HS' -
buyer Of ships on the wsys' y. ~,
completed. Shlpbuiidsrs and 'ns ~. ),
in sold up condition not anll. ~,
=. ..osl mills. and they are eSer'ias ~, y,
49, 20 -, ,heir plants IN '''
share for whatever even'asi" s
conditions niay develop. Ire g,
uen, continues to close eon''. .I;,o
70 arrange for variety o. n'
necessities" =. n
"The Iron Age" states 'nA ,,.S
me governments purchases w. W.. s.s
.hopes Cor ravy buildings ..s,
large shells. A domestic 'n'u ...
Il !, said. has been sounding Nv
k, on 1000 tors Of shell ''''
Tor March and April delivery
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-15

Gold Currents.-The local Sub-Trcas-
ury transferred s1.5OO,OOO TO San Fran
cisco yesterday. An equal amount Of
gold will be shipped to Japan on the
next steamer leaving Frisco for the
Far East. The Yokohama Specie Bank
is the shipper. Gold has been going
forward 70 Japan from tho United
States for period OF several months
in settlement Of the international trade
balance between the two countries. In
December shipments halted for a time.
when japanese private interests loaned
$50, 900, 900 in New York funds 10 the
British government and received in ex-
change short term British Treasury
bills.
Announcement was made yesterday
Of the withdrawal Of 100000 in gold
coin for shipment 20 Argentina.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-15

Commercial Paper.-This market Is
very firm. The ruling rate for prime
maturities is Az per cent, with the
prospect of a further advance in the
next few days if underlying conditions
in the money market do not change.
City banks are reported to be practi-
cflly out of the market, but the ad-
vance above 4 per cent has induced in
terror banks TO buy fair amounts Of
paper.
Official rates Of discount Of each of
the twelve Federal districts are as fol
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-15
Wednesday, February IA, 1917.

An amendment TO the act provid-
ing for q tax on excess profits de-
fines capital invested" on which
profit is to be figured, in this way;
That, for the purpose Of this title,
actual capital invested means ~
actual cash paid, 90 the actual
cash value OF assets other than
cash at the time such assets were
transferred to the corporation or
partnership, and (S) paid in or
earned surplus and undivided profts
used or employed in the business
but does not include money or other
property borrowed by the corpora
ton or partnership, whether eyi-
denced by bond or otherwise.
That does not clarity the point as
much as it seems to on casual inspec-
ton. How, for instance, is the actual
cash value of the assets which were
transferred TO the United States
Steel Corporation when that com
pany was formed to be determined!
And if the first balance sheet, ac-
cording to which the stock issue was
fully covered by real assets, be ac-
cepted at its face value, is the cor
poration to be taxed only on the ex-
cess profit figured on its original
capital plus all that has since been
put back in property out OF earn
ings? If so-and it seems to be the
case-the margin which would re
main subject to taxation would be
pretty thin. The Steel Corporation
is used merely by way of illustra-
ton; what would apply to it would
hold true of thousands Of other cor
pcrations and partnerships.
But. assuming that satisfactory
answer is found to these questions,
there remains a much more perpleX-
ing one: What is net profit? At
first thought that seems easy enough
to answer, too, but it isn't. Net
r~oit is whatever you choose to
make it. 1t is figured in many ways,
and, in fact, is largely matter of
bookkeeping. 1t may easily be IN
creased or decreased by any good &C
countant if his superior so wills IT..
There is, for example, the item de
probation" What can be done with
that item is pretty well known. 1t
nay be neglected or it may be ex
banded too generously. From its in
ception, therefore, the government is
likely to have trouble in collecting
the excess profits tax in an equitable
way. Possibly an even larger pro-
portion will evade the impost than in
the case of the personal income tax,
where the number Of delinquents is
notorious.
If a tax of the kind is necessary,
as it seems to be, it would be better
ii it were levied on gross earnings,
without any exemption at all. That
could be done without burdening any
corporation or copartnership, for the
rate could be kept very low. 1t would
TO. only be a more equitable tax
since every business would have TO
contribute to it-but the number
escaping the tax which should pay it
would be reduced TO a minimum. 1t
is relatively easy to dodge a tax on
net profits. The only way to mis-
state gross earnings is by absolute
Justification.