davidaulloa/AmericanStories huggingface dataset:
The Colorado statesman., 1917-06-09
WHITES ROB NEGROES
SAYS SOUTHERN MAYOR

Montgomery, Ala. The State
of Alabama has lost over so, 00O
Negroes since the great migra-
ton movement, and many white
people have become greatly
alarmed over the loss of so many
colored people from this section.
The following startling charge
has been made against the white
people of the South by Mayor w.
T. Robertson in speaking of the
unfair treatment to which Ne
groes have been subjected since
the Civil War:
There is money in farming,
lots of it, but the Negro farmer
has been Systematically robbed
by the white man since the close
of the Civil War. They haven t
been treated right and no one
can blame them for quitting the
soil. If the Negro farmers would
be returned all the interests in
excess of s per cent. charged
them for money advanced them,
they would today be living in
brownstone mansions, just as the
rich white advancers do. How
the Negro has been treated is
borne out by an instance which
happened last week. An old Ne
gro came to me and asked me if
| could advance him this year.
tasked him if he had a falling
out with his white folks. He
replied that his white folks, who
had been making money off him
for twenty-five years, had decid-
ed to refuse him any credit this
year, as they feared he was
growing old and perhaps would
die before another crop was
made. :"
The Colorado statesman., 1917-06-09
ENORMOUS GRAFT PROFITS
ARE CHARGED IN CHICAGO

Chicago, June 4.-Stories of
enormous profits from gambling
houses in the ''black belt" of
Chicago and how the money was
divided to assure protection from
raids by the police were told to-
day in the trial of Oscar De-
Priest, a Negro, and a former
alderman, who is charged with
conspiracy in connection with
the alleged protection of gam
bling in the Second ward. Ste
phen X. Healy, former police
captain, and Henry ''Teenan"
Jones, a Negro, who admitted
he conducted gambling houses,
were the principal witnesses at
the trial in Criminal court.
Healy admitted having collect
ed at least 81, 200 from Jones,
and told of alleged conversations
with DePriest relating to the
protection of gambling. Jones
testified he had paid the alder
man as much as $500 and $500
a month for immunity from po-
lice raids.
Questioned regarding gambling
profits, Jones and his Blue Jay
club paid him $1,000 a month,
part of which, he said, he gave
to DePriest and Healy. The
Hobnob club paid Jones $500 a
month, he said, and other houses
lesser amounts.
The Colorado statesman., 1917-06-09
DOCTORS REFUSE TO
MEET AT MEMPHIS

Memphis, Tenn. The meet
ing of the National Medical Asso-
citation, which was to have been
held in this city August % to 80,
has been changed and the ses-
sion will probably be held in
Philadelphia or Atlantic City on
the same dates. The immediate
reason for this change of place
of meeting is the savage and
barbarous acts perpetrated in
connection with the lynching
and burning of the Negro, Per-
sons, in the vicinity of Mem
phis. To cap the climax of this
barbarity, the recent meeting of
the Tri-State Medical Associa-
ton was interrupted by men,
bers of the mob of lynchers,
bringing the head of the burned
man and throwing it into the
midst of the delegates while in
session, The local committee
has therefore requested that the
meeting place be changed.
The Colorado statesman., 1917-06-09

The Negro who neglects to
read his race papers is a Stacker"
of the veriest type. The only
way race pride can be inculcated
is to keep posted on the credit
able achievements of the Negro.
This kind of information can be
obtained only through Negro
publications.
The Colorado statesman., 1917-06-09
Chicago Defender)

Leon Peter Carroll, 8-year-old
salaried star with the Pathe Film
company, is of Chicago stock.
He is a grandson of Mr.. and Mrs.
j. P. McMurray of 421 North
SpaIding avenue, old settlers of
the west side. Leon has not on
ly achieved fame for his acting,
but is a favorite among well to
do of Los Angeles and Long
Beach. The Chamber of Com
merce recently gave a banquet
there, at which he made an ad-
dress and later recited several
selections from Dunbar which
were positively magnificent.
The press of the Pacific coast is
universal in his praise. Among
his work now being shown on the
local circuit is Shadow and Sun
shine. " Told at Twilight" and
other films in which he stars
with little Marie Osborne (white).
The Colorado statesman., 1917-06-09
Declares
War On Kaiser

Liberia, West Coast of Africa, May
80. via London, Eng, June 1.-The re-
public of Liberia, on the west coast
of Africa. which was founded by
Americans of African descent under
the supervision of an American phil
anthropic society has declared war
on Germany and has offered her sym
pathy and cooperation to the United
i, States. In this way the little African
state is doing her bit for humanity.
Country Forgotten.
Liberia excited good deal of in7
terest when it was founded, and for
some time thereafter. 1t got little
space in the public print again in
1910 when a commission from this
country visited Liberia to reorganize
its government, but has scarcely been
mentioned since 1t is safe to say
that most Americans are not even
aware that they have a responsibility
in Africa. Yet Liberia is a very real
responsibility, and constantly becom-
ing a more grave one. By treaty
made in 1862 the United States prom
ised to protect the constitutional form
of government in Liberia and the in
dependent existence of the republic
Meantime Liberia has been getting
deeper and deeper into trouble with
its neighbors, and becoming more and
more unhappily conspicuous as the
backward bit of the rich West AT
rican country. When the war is over
a great era of development and re-
organization will begin in Africa, and
then Liberia must either have our
aid or pass into the hands of some
stronger power.
Rich in Resources.
Liberia consists of about $4,000
square miles of the widest part of
Africa There are two broad valleys
with great rivers, and an interior hill
country rising on the northeast from
tier to the highest mountains in AT
rica. reaching an elevation of 10000
feet. Nearly all of this great inte-
rior is covered with forest, which is
the most luxuriant in Africa. There
are hundreds of square miles of un-
broken mahogany and almost all the
typical forest products of the tropics
are found there, including twenty diff
ferent kinds of rubber, some of them
the finest grade. This great interior
is practically unexplored and its min
eral resources are little known, but
the presence of gold is proved by the
fact that the wild tribesmen possess
it.
These interior forests are rich also
in wild life, which is quite peculiar,
for Liberia occupies most of dis
tinctive zone of the African coast
land. 1t is the home of the rare pigmy
hippopotamus.
There are about $1,000 people of
American descent in Liberia. and they,
The Colorado statesman., 1917-06-09

Rochester, N. Y.-Flower City
Lodge No. 81. Independent Pro-
tective Order of Elks of the
World, have duly authorized a
subscription for one hundred dol
lars to the bonds of the Liberty
Loan, recently authorized by
Congress to carry on the war.
The action of the lodge reflects
credit on the race in this city and
will likely point the way for 9TH
er organizations to prove their
patriotism.
The Colorado statesman., 1917-06-09
RACE NEWS
GATHERED FROM VARIOUS SOURCES

Duluth, Mimi, June l. Mem
bers of the Race in Duluth are in
terested in the social and civic
betterment of the Race. They
will look out after the new COM
ers. The Welfare League is
made up of citizens who own
more than $3.50, worth of
property in Duluth. The organ
ization is not political.
The Colorado statesman., 1917-06-09

Chicago, Ill.-George w. Ray,
1921 Vernon avenue, Chicago,
was awarded 81, 900 by jury re-
Gently for injuries he received
while working in a four-foot
ditch in East Chicago, for Har-
berson & Walker Refractory Co.
Mr.. Ray was permanently in
iured about four years ago while
laying brick in a four-foot ditch.
A large truck car weighing about
2,200 pounds which was being
used to haul brick on a small,
narrow track about five feet to
the edge of the ditch in which
Mr.. Ray was working, ran off
the track and tumbled into the
ditch, brick and all going on top
of him, breaking his hip and
causing him to become paralyzed
on one side.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-14

Grand Trunk and the Grand Trunk
Pacific lines. As soon as time is al
lowed for the elimination of waste
ful Implications such economies may
at least balance the additional
charges for new capital. The unified
government system will face an an
nual deficit for AZ least two years OF
S12.5OO.000. In order to reach a po-
sition of solvency the gross income
must he increased from something
over $100.000,G0C to more than
$4,000, 900. and one-fourth of such
increase be retained as net income.
The Commissioners believe that "A
gain to this extent is not improbable
in the course of Ike next six or seven
years.
Although some opposition Is GER
tain to develop. IT is expected that
the recommendations of the majority
report will be adopted "a the policy
Of the present government.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-14
Government Needs
1O,369 Tons Of Zinc
Market Will Not Be Affected
by Prices Named, Zinc
Committee Says

The governments present require
mcnts Of zine for war purposes total
1O.369 tons. according to announcement
made yesterday by the zinc committee
of the advisory commission OF the
Council Of National Defence. The COM
mittco. which sent a letter a week ago
to zinc producers asking for offerings
of slab zinc to supply the present needs
OF the government, divides the require
ments as follows: Grade A, 6,7O3t
tons; grade b, 3,44Ola tons, and grade
C, 225 tons, making the total previously
given.
The prices named arc / z cents. L
cents and cents, respectively, for the
three grades, with protection against
decline on grade c. These prices apply
only to the tonnage specified. and in
view of the small quantity Of grade c
(prime Western spelter) which IS re-
quired the price named, the committee
says. cannot have any influence upon
the market for the metal, nor should 1T
have any influence upon the prices OF
ores in the Joplin district
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-14
Surplus on 1915 Account

an the second table are set out the
premiums accepted last year, the
claims paid, and the percentage they
bore to the premium. In each case the
increase in premium income is striking,
although the 1915 figures had, as a
rule, been far larger than those for
1914. The British and Foreign increased
its premium income by sl,23S,675; the
premiums of the Indemnity were
raised by as much as $685. 45; the
Merchants, which is understood to
have written little. if any. war risk
business, increased its premium in
come by s631,23O; the Reliance-an
office which has been successful for
many years in writing a small and
carefully chosen account-raised its
premiums by s2S3,315; the Sea raised
it's premium by as much as $3,l67,665,
whereas its whole premium income in
1915 amounted to s3,116,32o; the Union
by s1,395,500 and the World by ST.
3O1, $50.
These are, on the whole, large in
creases, and it is to the credit Of the
London insurance market that under
writer's have been willing to assume
such enormous liabilities as are repre-
scented by these figures of premium in
comes. The market has thereby I'M
doubtedly vastly assisted the mante-
nance of commerce. II must be appar-
cnt to any one who studies even most
specifically the weekly figures of Brit
ish losses that nerve is needed to write
lage war risk accounts. Neutrals have
at all times been assured of being able
to place their risks in the English mar
ket, which has consequently been in a
position to reaffirm its value and pre-
eminence.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-14
Bank Law Amended
To Aid Liberty Loan
Superintendent of Banks Calls
Attention to Change

Albany. May l3.-A letter just sent
TO state banks and trust companies py
the State Superintendent OF Banks
calIs attention TO the enactment OF ar
amendment TO the banking law when
nrovides that such institutions shali
ro, he required to maintain reserves
AGAINST funds representing proceeds OF
TN, sale of bonds or certificates IN cor
ncction with the Liberty Loan. Inc
law is designed TO stimulate suoscrip-
tion to the government war bonds. Inc
letter reads as follows:
ITO enable the banks and trust COM
ranies of New York State TO subscribe
to the fullest extent consistent with
their resources for the Liberty BONDS
about to be issued By the United States
Government and to any other war IS
sues that may hereafter become neces-
sary. il has been proposed that the ma
tional government deposit with sucn
institutions the proceeds OF the sale
Of such bonds until such time as they
NAV be needed by the national gov
eminent. Such deposits by the ma
tional government in the national
banks have been exempted from re-
serve requirements.
an order to place the banks and
trust companies Of this state upon the
same plane in this respect with the
national banks. the Legislature OF the
state, acting under an emergency mes
sage from Governor Whitman, has
nassed IN amendment 20 the banking
law under which there can be deduct
cd from the aggregate demand deposits
against which state institutions are re
CURED to carry reserve. deposits que
20 tho United States of America, repre-
eenting tho proceeds Of the sale OF
bonds or certificates of the said United
States known as the war loan OF nine
teen hundred and seventeen, or ,ne
nrocoeds Of any other bonds or certlh-
Gates of the United States hereafter Is
sued for war purposes.
81 deem it advisable to notify you
Immediately of this amendment. IN or
der that you and your patrons may
subscribe for these bonds as lioeraliy
rs YOUR condition and their circum-
stances permit. and thereby evince your
LOYALTY TO the national government IN
the present emergency.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-14

corning the international financial
situation that was both interesting
and important, not the least striking
of which dealt with the matter OF
note circulation in England. His
suggestion that the English public
might, after the war. prefer the one
pound and the ten shilling note to the
hard money Of the gold sovereign as
a medium of circulation, after hav-
ing experienced the convenience OF
the paper, pointed to the possible cs-
tablishment Of new system of cur
rcncy in England. The point is that
when England finds herself in a pc
sition to redeem outstanding notes
in gold and starts to do so she may
find the public unwilling to go back
10 the old order. Lord Cunliffe said
that apparently the people are salts
fed with their notes and will not call
for sovereigns, and if they do not
call for sovereigns there will be no
need to hold as much gold against
them. In peace times the policy in
England has always been to secure
circulating notes with gold pound for
pound. The French system of bank
ing has never been unreservedly TO
exchange notes for gold.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-14
First.Year Settlements in 1916

The second striking feature in the
table is that the percentage of settle
ment last year was in every case higher
than in 1915. Thus, the British and
Foreign settlement of 26.9 compares
with 25.4 per cent in 1915; the In
demnity settled 1862 per cent, as against
80 per cent; the Merchants settled 90 g
per cent, as against 22 per cent; the
Reliance settled 259 per cent, as against
23.9 per cent; the settlement of the
Sea was 1874 per cent, as against 3l.2
per cent; the Union also settled 1874
per cent. as against $50, and the World
paid out 1868 per cent Of the premiums.
as against 80 per cent in the previous
year. These in tho main would be
heavy frst-year settlements for ordl-
nary accounts and would not promise
much profit after the second and third
year settlements have been made; but,
happily, as has already been indicated.
where war risks are written frst-ycar
settlements should naturally, owing 10
the fact that they run Off quickly, be
heavier
at cannot be too strongly empha-
sized that in these days war risk I'M
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-14

derwriting is not 'child's play These
who assume big risks do so deliberate
Is and after fully taking into account
all the factors within their knowledge.
but they have always been necessarily
in the dark az to the intentions of Ger
many. while even to English under
writer's the operations of the British
navy in meeting the German submarine
menace are shrouded in obscurity. II
should be matter Of real congratula
ton not only to the insurance market.
but also to the country generally. that
so far underwriters appear to have
come out we'll on the right side OF
profit and loss. and that there has been
excess profit taxation to pay, for
large balance on the debit side could
only have one result sooner or later -
the closing Of the market and the
withdrawal Of facilities which British,
Allied and neutral ship owners and
merchants have found of incalculable
assistance in carrying on the commerce
of the world"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-14

Progress is reported in the cam
paign for distributing the $1,000
100000 Liberty Loan of 1917. but
the results still leave much to be de-
sired. Failure of the Treasury Off
Gals to make public important de-
tails of the offering until last week
unquestionably held back many pro-
spective purchasers from entering
their subscriptions. Now that all
matters pertaining to the maturity,
method of payment, etc, have been
officially announced, the rate of in
coming subscriptions should be
greatly accelerated. Bankers con-
tinue to emphasize the urgent neces-
sity of placing the bonds with the
investor instead of with the banks if
the Offering is to be the success that
is hoped. There is no doubt that
such a distribution of the loan can
re attained if proper efforts are
made in the way of popularizing the
issue. The lowest denomination, $50,
is small enough for the smallest in
weston. That portion of the public
unaccustomed to finance should be
disillusioned of the idea that there is
any mystery about the big loan.
They should be told in the simplest
possible terms how to buy the war
loan, and why.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-14

Money rates last week were estab-
lished on a Az to per cent basis
for time loans, while commercial
paper discounts ruled at the latter
figure. The hardening tendency was
due to the withdrawal of many lead
ing institutions from the market,
owing to the demands of the govern
ment. Call money, on the contrary,
was easier than in the preceding
week, ruling around 2a4 per cent,
and touching as low as .. Compared
with a year ago current rates for
time loans securedby Stock Exchange
collateral average per cent above
the level of one year ago. Local
banks took occasion again during the
week TO exercise the rediscount privi-
lege at the Federal Reserve Bank,
the local reserve institutions state
rent for the week indicating an in
crease ir discounts of approximate
ly $3,000,000,000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-14
Monday, May II, 1917

One Of the most interesting and at
the same time important revelations
Of the last week in finance has been
the intimation from high financial
quarters that there is a point beyond
which money market interest rates
will not be permitted to go if the IN
genuity and foresight of the bank
inc community can prevent. II IS
realized. Of course, that any pro-
nounced rise in the rental charges on
money will not only jeopardize the
success Of the governments loan
operations. but at the same time
work irreparable injury to the coun-
tIN's commercial houses, which at all
times must be provided with a suf-
+ fic;ency Of funds at reasonable rates.
4 The governor of the Federal Reserve
Bank of New York emphasized last
week the necessity Of keeping the
ordinary day TO day needs of bust
ness supplied with an abundance of
credit. What was more, he asserted
that the Treasury Department in ar
ranging its financing was doing so
with an eye toward reducing the
pressure as much as possible on the
commercial borrower who must have
funds to keep the country's great
industrial plant running.
Lord Cunliffe, governor of the
Bank of England and member of the
British commission to this country,
in his talk with representatives of
the New York press. told how Brit
ain intends to work hand in hand
with America in keeping money rates
easy in this market. Gold is to be
shipped to us as England can spare
it, The movement has already
started with the S4S,000,000 in gold
brought in from Canada last week,
marking the resumption of the influx
which halted the first week of April.
The United States government is
borrowing S5,000,00O,O00. OF this
S3.000.000.000 is for the Allies. They
must pay the same rate of interest
the United States pays, so it is TO
their profit to keep interest rates
down on this side. Moreover, the
fact must not be lost sight of that if
Great Britain and her allies are to
obtain other billion dollar credits
here, as is likely if the war goes on
FOR another year, the basis for this
credit, gold, must be expanded to
meet the situation.
The immediate effects of the re-
sumption of gold imports have so far
not been reflected in the Wall Street
money market, although the weekly
statement of the Clearing House
banks on Saturday indicated pro-
nounced improvement in the cash
position of the members, largely as
result of the fresh accessions of
the metal. Money rates are unlikely
to ease up much until the govern
ment completes its initial borrowing
operation and the market has com
r,etely adjusted itself to the changed
credit conditions. In fact, if rates
are held at the prevailing levels
without any further advance it will
be an accomplishment worth while.
The effect of the gold imports will
not be felt much from day to day.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-14

cupation; the American-Japaress -
dus.rial Company. promoted by :.
Okamoto. of New York. and others
Toxic and New York. with o csp'ni.
5000, 900 yen. to engage in reai Got Sc,.
business in New York; the Coresn "a "a :.
ton Company. with R capital q ss;sssa
600 yen. 10 engage in cotton plsn'AS
Ia Corea on a large scale.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-14

cent. And the World showed also much
improved results, with a profit Of $780,
sos, or 23.9 per cent, as against profit
of s2O4,525, or 1871 per cent, for 1914.
Surplus on 1915 Account
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-14

The general bond market expert
enced another week of dulness and
decline. The average price of ten
high grade investment bonds de-
clined nearly q point. The average
of these issues is now at the
lowest level since the middle of
1915. There has been persistent
liquidation by institutions and indi-
viduals during the last week. Gilt
edged investment issues as well as
the more speculative securities have
been sacrificed to raise funds to buy
the governments war loan. The
bulk of the selling has taken place
in railroad mortgage bonds. For
eign government issues and domestic
municipal and state bonds did some
what better than in the preceding
week. The United States govern
ment as lost more than a point, sell
ing at new low levels for the week.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-14

In his interview last week Lord
Cunliffe told his hearers much con-