davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11
Power S Part in
Industrial Development

For eighteen hundred years fol-
lowing the birth Of Christ the high
est intelligence of humanity was de-
voted 10 the service of the Church
and the State. Generation after
generation Of the great mass of the
population were born and buried
from the same insanitary novels.
Famines and plaques succeeded each
other with appalling regularity. Pro
duction was provincial and distribu-
tion practically unknown.
The invention Of the steam engine
paved the way for the application Of
mechanical power TO the processes OF
industry and commerce, and the re-
suits promptly revolutionized society.
In hardly more than one hundred
years production was increased In
quantity and diversified in product
and facilities of distribution were
constructed which brought CONT
nents in closer contact than coun-
tries had been before. All this
achievement was founded on the use
Of mechanical power. Our days
measure the progress that our fore
fathers made in years. We take
growth and progress for granted. II
is almost impossible for US 70 imagine
what our economic and social condi-
ton would be without abundant utili-
zation Of mechanical power.
Power inspired men to invent ma
chimes. Machinery increased produc-
ton. Increased production relieved
the great mass Of humanity from the
necessity Of working stupidity from
daybreak until darkness, and educa-
ton found its opportunity. Already
we are in the power age, but powers
greatest possibilities are vet ahead
% us.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11
Initiation
Too Alluring

But it is precisely easy money
and low rates of interest and rapid
expansion that have brought all
our high prices and labor troubles
and generally unsound condition
of the country. And now on a 81
gantic scale it is proposed to make
this worse by still further expansion.
We are facing the financing Of
our share of the war; and that share
will be very heavy. Last April
when we entered the war our total
national debt was only a billion dol
lars, one Of the smallest Of any Of
the great nations. BY next April
our debt will probably exceed ten
billions, and a year from to-day it
may exceed fifteen or twenty bill
ions. How are we going to obtain
these funds? Already We are TAX
ing three times as much for national
taxation as year ago, and this
will be heavily increased as the war
goes on, as it will. II all of the
first Liberty Loan came from the
safety deposit boxes and old stock
ings, as certainly most of it did not,
it would probably have exhausted n
very large part Of the available sur
plus savings of the country. There
never is, uninvested, any very large
sum.
So all the billions we need must
come from current savings, since
we have no great surplus to draw
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11
BY Edward K. Hall
-ee- President Electric Bond and
Share Company

Share Company
INCREASING the efficiency of the
farm. the factory and the mine
n Fundamentally 2 problem Of
better organization. AS such, the re-
.Yonsibility for success is primarily
anon the business men Of the coun-
trv. IL is q task which demands all
the genius and ali the energy that
American business can deliver. 1t IS
q constructive task. II is not like the
war, something distressing, which
mus, be done before we can devote
ourselves again to ordinary business.
Il would be necessary If the war
should end tomorrow, for every
thing that has been destroyed will
have 20 be replaced; and in the work
Of reconstruction and advance the
United States will for the first time
in history be compelled to measure
her efficiency against the active COM
petition Of the nations Of the world.
Within the lifetime Of the present
generation we have become an in
dustrial nation. Our future exports
viii consist primarily of finished
products and less and less of food
stuffs and raw materials.
The time has come to take account
of stock and TO prepare plans far
ahead into the future. This is al
ready under way, and substantial
progress has been made in solving
the problems that are peculiar to the
speeding up Of the several separate
industries. 1t is the problem COM
mon 10 them all-everybody's bust
ness and nobody's business-which
is most in need Of immediate at
tention. One of the most important
of these common problems is the
power supply Of the country.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11
Hydro-Electricity and
Industry

Hydro electricity has developed
new industries, the products Of
which, when applied TO established
industries, have speeded the proc
esses and doubled and sometimes
tripled the ultimate product. It's
most significant contribution has
been in the electrO-chemical indus
tries. The manufacture of high
speed steel requires the alloys ferro-
chromium, ferrO-vanadium and ferro-
tungsten, all products of water
power. Ordinary carbon steel
mas a metal cutting speed of fifteen
feet per minute. High speed steel
has a cutting speed Of forty to fifty
feet per minute. One authority says
that high speed steel has tripled the
capacity of every machine shop in
the world and the capacity Of every
workman. Since the war began it
has enabled the machine shops OF
America to manufacture munitions
with a rapidity that has astonished
the world. Shell steel requires a
content of ferro-silicon. Ferro-silicon
is indispensable in the elimination Of
blow holes in big steel castings. The
ferro-silicon industry of the United
States is dependent on hydro-electric
waterpower.
TIE possession Of these industries
means something in this war. The
following extract is from a recent
article in "Tbe National Geographic
Magazine:
Take the grinding machinery out
or automobile factories, remove it
from the munition plants, eliminate
il from the locomotive works, car
foundries and machine shops Of the
country and you would paralyze our
whole industrial system. And that
would have happened ere now had
not Niagara's artificial abrasives
tkepDcQ IN 10 Save INC udH Autll tAlt
war shut out our natural supply or
emery and corundum from Asia
Minor.
Hydro-electricity has been utilized
since its first development as a mo-
tive power for electric railways, but
it, most striking contribution 10
transportation has just been proven
recently.
Four hundred and forty miles Of
the Chicago, Milwaukee & st. Paul
Railway, across the Great Continen-
tai Divide, have already been electri-
fed, and railroad men generally
agree that the success of this electri-
fcation marks the beginning Of a
new era in railroading. A profile of
the grades across the three great
mountain ranges-the Bitter Root,
the Rockies and the Big Belt noun
tains--resemble nothing so much as
the dips and rises Of a magnified
roller coaster, the elevation at the
crossings Of the Rockies being 5000
feet above the sea.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11

The Fuel Administrator says that II
there is a fuel shortage 1T Will be
because the demand for power has
already exceeded this increase in
production. Current reports indi-
cate. however, that the industries Of
no section of the country are insured
against fuel famine for more than
thirty days, and in some sections
plants have been compelled to smut
down for want Of coal. Any consid-
Grafton of the utilization Of addi-
tional increments of fuel involves the
possibilities Of the extension Of our
transportation facilities. This is
manifestly out of the question at
this time.
Coal already furnishes So per cent
of the total rail freight tonnage of
the country. The country has grown
to a point where q large proportion
Of this tonnage is actually an en-
barrassment TO the railroads. The
higher classes Of commodities will
furnish all the freight the roads can
carry if the United States is to hold
its own in the worldwide COMPETE
ton that will set in at the conclusion
of the war. II is difficult TO conceive
how new increments of power from
coal can be provided without utterly
breaking down our present facilities
for distribution. The railroads Of the
country are in no position at this
time to lay more track, build new
terminals and increase rolling equip
ment for the transportation of fuel.
What can be done in these directions
must be done for higher class COM
modities.
We can, and we must, substitute
copper wires for steel rails, use
water power instead of coal, and add
substantial increments to our power
supply, thereby relieving transpor-
tation facilities and assisting indus
tries everywhere.
Power That Steam
Cannot Supply
The pioneers who put the United
States ahead of the rest of the world
with the electro-chemical industries
at Niagara are unanimous in their
statements that unless additional
waterpowers are developed We shall
lose leadership in these new indus
tries of unlimited possibilities, and
eiectro-chemical supremacy will shift
to Canada or Norway. They believe
that the progress Of the past twenty
five years in electro-chemistry will
be surpassed by the new Develop
ments Of the coming quarter century.
There might be some excuse if this
leadership were lost because electro
chemical men of other countries were
mentally superior in their research
or industrial organizations; but
there can be no excuse if it is lost,
because nationally we are too in
different TO formulate a water power
policy that will provide these great
rev industries with one Of the essen
tials for their operation. This in
Gustry is absolutely dependent upon
u constant supply of tremendous vol
umes of electric power. The water
powers are here il we will use them.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11
THE FEDERAL RESERVE BOARDS
VAST POWERS FOR IMITATION
Two Billions Gold Vaults Of Banks the System Could Be Made TO
Cover More Than Sixty Billions in Loans by
Member Institutions Alone

have a certain amount of till money
TO provide for the needs Of other
customers for cash, and this acts as
a natural reserve requirement which
every successful banker must fol-
low. But in answer to this it may
be said first of all that the amount
Of till money so required is not as
an average for the whole country
very large-perhaps not over 4 or
5 per cent; and secondly, that 1t is
possible for a very large part Of
this now to be in the form Of Fed
eral Reserve notes and not in gold.
In the last resort our banking
policy under the new system will
come more and more to be shaped
by the members Of the Federal Re-
serve Board and the governors of
the twelve reserve banks. Now it
is not without significance that on
the Federal Reserve Board there Is
only q single member Of any wide
banking experience. Mr.. McAdoo
is not a banker; Mr.. Hamlin is
lawyer, and Mr.. Delano was q rail
road president. Professor Miller
was a teacher Of political economy
in the University of California, Mr..
Harding was country banker in
Alabama. The two, ex-officio mem
bers, the Secretary Of the Treasury
and the Controller of the Currency,
are always purely political appoint
ments and change with each adj
ministration.
Now a political board, for the
most part strangers to theories Of
money and prices, are not the kind
of men one would readily expect to
set their faces hard against infa-
ton. The one thing that almost no
one likes is a sharp restriction Of
credit, with consequent tight money
and high rates of interest. That
inevitably spells failure for a great
many mushroom enterprises, and
time OF retribution for every one
who has branched out a little too
far. What everybody likes is easy
money, low rates of interest and
generally flush times. If it were
not for the weaknesses innate in
human nature this would of course
be the ideal state.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11

to the sea, wasting power equivalent
to more than a million tons of coal
every twenty-four hours.
The utilization of this inexhausti-
bic energy would supply the power
equivalent of several million men, re-
move forever the fear of coal fam
ines, relieve our transportation IA
cilities, promote industrial develop
ment, and, doing its bit in every
future period of emergency, estab-
lish the industry and commerce of
the country on basis where it could
confidently maintain itself secure
against the world competition that
will be upon us after the war.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11
Prompt Legislative
Action Necessary

The question naturally arises, Why
have we failed to harness this en-
ergy before? The answer is that
practically all the potential water
powers located within the limits Of
electrical distribution to industries
desiring power end not requiring the
authority Of the Federal Government
for development have been harnessed
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11

done with ;
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1917-03-19
andrews firm Representative MAKES DENIAL
OF CORRUPT PRACTICES CHARGED BEFORE BOARD

ty owners oppose the choice OF the
board and petition for another kind Of
material, then the board must order
the street paved with the material Sc
leeted by the majority of the effected
resident owners.
Only Four Resident Owners.
There are only four resident proper
ty owners on North F street between
Tenth and Fifteenth streets, all color
ed people. Two of these are !. A..
Thomas and wife, who hold joint
deed on their property; w. R. Milton
and Mrs. jerks. The board Of pub
lie works, about ten days ago, after re-
ceiving bids for the improvement Of
this street ordered that it be paved
with brick
The low bid on brick was submitted
by Linus P. Meredith. After this ac-
ton on the part Of the board repre-
sentatives OF the Andrews company.
low bidder on asphalt, at once put forth
an effort to have the four resident
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1917-03-19

100000 Trainmen Affected.
The immediate temporary wage In
crease won by the railway employees
affects 100000 trainmen, as OF Jan 1,
and estimated to total about 100000
900 and $4,000, 900.
Justice McKeena concurred in the
majority opinion but only slightly diff
ferent grounds. Justice Day read his
own dissenting opinion in which JUS
tice Van Devanter joined.
Justice Pitney and Van Devanter in
their joint dissenting opinion held
that the law should be held unconsti-
tutional and void because Congress,
although confessedly not in possession
of information necessary for intelli-
gent and just treatment of the contro-
versy, arbitrarily imposed upon the
railroads the enormous cost of an ex-
perimental increase in wages"
Justice Day in his dissenting opin-
ion said the legislation amounts to
deprivation of the railroads of prop
erty without due process of law"
In concurring in the majority opin-
ion Justice McKeena deferred in that
he believed the law "and hours of SER
vice.. statute and only secondarily a
wage fixing law, and thus within the
power Of Congress.
Justice McReynolds delivered a sep
arate opinion saying that Congress
did not have the power to pass the
law, but that he now bows to the ma
jority's ruling.
Federal Judge Hooks ruling in the
Missouri Oklahoma and Gulf test case,
enjoining enforcement of the Adamson
act and holding it unconstitutional,
null and void" was reversed by the
majority opinion.
In announcing the opinion. the chief
justice reviewed the negotiations lead
ing to enactment of the law. He did
not read from prepared opinion Civ
ing it apparently from memory. He
told of the presidents efforts to avert
the strike last September.
In the early course of the opinion
the chief justice said that law was
both an eight hour act and also a wage
fixing statute.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1917-03-19
JOHNSON PINS
FAITH IN men
WHO FORM GUARD

Fred Bates Johnson believes the Ma
tional Guard troops who served on the
border will form strong nucleus of a
citizen army in case Of war.
He served with the First Indiana In
fantry as second lieutenant and later
as first lieutenant, first in the quarter
masters department and then as line
officer. He was mustered out last Wed
nesday and he came to Richmond over
the weekend to visit his parents. Mr.
and Mrs. B. B. Johnson, and his
friends.
He expects to return to indianapolis
tomorrow and in event war comes he
will devote his time to his company.
I'VE have added 100000 men to our
military establishment" he said. Reg
ular army officers were enthusiastic in
praise Of the guardsmen who went
through service on the border. These
men, many of whom are qualified for
non-commissioned officers, first ser
geants and such, can be distributed
among volunteer units if call is issued
and will be of immense value in build
ing real army"
Johnson praises the spirit Of the reg
ular army officers with whom he was
associated. He believes Secretary
Bakers order admitting civilians into
the reserve corps as second lieuten-
ants to receive training after enlist
ment will bring the right sort Of men
into army executive jobs.
Johnson was practicing law in In
dianapolis before he responded to the
border call and before that he was
dean of the Indiana university journal
ism department and wideiy-known
Indianapolis newspaper man.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1917-03-19

property owners petition to have the
street paved with asphalt.
Saturday, following information OBJ
tanned from I. A. Thomas and W. r.
Milton, a representative of The Pallad-
ium submitted charges to the board Of
public works that Andrews company
agents had offered bribes for sigma
lures to petition to have the street
paved with asphalt.
The board Immediately ordered q
hearing Of these charges, Monday
morning. Tomorrow was the day des-
ignated for the awarding Of the con-
tract and 1t is almost certain that the
contract will 60 to Meredith, low bid
der on brick. Thomas states that he
and his wife and Milton have signed a
petition for brick, these three consti-
tuting majority of the resident prop
erty owners.
Mr.. spindler admitted to the board
[centlnusd On Page Two.1
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1917-03-19
0. K. PARKER DIES
AFTER LONG ILLNESS

After an illness of many years, O.
K. Parker, S29k Main street, died at
his home Saturday afternoon. Mr..
Parker was a printer by trade. He
was member of the order of Modern
Woodman He leaves a widow, and
three sons, Horace, Russell and Oran.
The funeral will be private and will
be held from 432 Southwest Third
street Tuesday afternoon at 1:3O
o'clock. The Rev Francis S. Ans
combe will officiate. Burial will be in
the Earlham cemetery. Friends may
call any time.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1917-03-19
EXPECT
GERMAN EFFORT
TO MAKE STAND
fBy Associated Fress)

PARIS, March 19.-While there is
general satisfaction over the progress
of events in Picardy, there is no ten
dency to exaggerate the probable ef-
fects of the German retirement. Most
commentators consider it certain that
the Germans will attempt to arrest
their retreat before the basic line
which runs through Lille, Cambria
and ST Quentin
Military critics are confident that
the German general staff did not aban-
don with light heart the western
heights which were so firmly held.
The plain into which the retreating
forces have gone is on a much lower
level than the evacuated positions.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1917-03-19

After iannio A. Thomas, 400 North
z street, had testified to the board Of
public works that he had been offered
SIS by representatives Of the Andrews
Asphalt company Of Hamilton, O., If he
would secure the signatures Of him.
self, his wife and William r. Milton,
1910 North street, to petition to
have North street, from Tenth to
Fifteenth streets, paved with asphalt,
and Milton had testified that he had
interpreted statements made to him to
moan that he would receive 40 II he
signed the same petition, Charles Spin.
dIer, representing the Andrews COM
pany, today entered 4 complete denial
to all charges Of corrupt practice on
the part Of agents Of his company.
Under the state law only resident
property owners have voice in the Sc
lection Of the paving material to be
used on any street to be the kind Of
paving material Il favors. u q ma
jority q NJ affected resident proper.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1917-03-19
GRAND DUKE
QUITS POST
AS REGENT
(BY Associated PresSl

PETROGRAD. Via London, March
19.-The renunciation Of the Grand
Duke Michael was signed at his pri.
vate residence. whittier he went with
a large part Of the duma committee,
headed by Prince Lvoff, Prof Milukon
and President Rodzyianko. The Grand
Duke addressed the committee and
declared that the responsibility devol-
wing upon him found him undecided
because Of the existing differences Of
opinion. He added that since the hap
piness Of Russia was the considera-
ton he believed 1t would be best
assured by the abdication and there
for surrendered his authority.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1917-03-19
Wilson Believed
Crisis Would
Preuent Strike
(By Associated Pressl

WASHINGTON. March 19.-Admin-
istration officials were highly elated
today over the announcement that the
threatened railroad strike had been
called off. President Wilson received
frst reports Of the agreement on aris-
ing. The news reached here during
the night after the president and most
officials had retired
President Wilson who has kept in
close touch with the mediation nego-
tiations in New York has from the
Rrst apparently been confident that a
way would be found for avoiding tie
up of the nations commerce through
q railroad strike, and especially in
view of the International crisis.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1917-03-19
WILSON MAY SEND WARSH|PS
TO CLEAR LANES. OF TRADE
BEFORE ]. s. DECLARES WAR

that this would be subject to approval
by congress.
Dispatches from the various battle
fronts took. on added interest today,
as officials realized that the United
States is practically certain to become
involved In hostiiities with Germany.
The war and navy departments par.
tIcuiarly were confronted with prob.
lens Of precisely what plans they
shall follow II war comes.
Many sesators and Representatives
who remained In Washington today
expressed the opinion that the German
submarines' latest acts constitute q
clear-cut case for war.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1917-03-19
(Bv Associated Prees)


WASHINGTON, March 19.-The
United States today faced the pressing
question of war with Germany over
the immediate issue Of the ruthless de-
struction Of three unarmed American
merchant ships. Technically an armed
neutrality existed, but unofficiaIIy it
was admitted Germany has committed
tho "overt act" which precipitated a
virtual state Of war.
The next step beyond the armIne Of
merchant men, now going forward, 10
the dispatch Of warships to clear the
transatlantic lanes Of submarines.
Considers All Courses Open.
President Wilson was considering
carefully all courses open to him. He
might continue arming merchantmen,
as at present, until the special session
Of congress called for April IS: he
might summon congress- to meet i'm
mediateIy to authorize him to take az.
gressive action against the submarine
menace, or he might declare forthwith
that a state Of war exists. Some Of
the officials state he already has
ample power for the last course, but
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1917-03-19

by students of public events 1t was
in this capacity that Mr.. Ackerman
made a reputation as a war CORE.
spondent in journalistic circles.
But the Germans censors prevented
Alderman from sending to the United
States much inside information.
Now that the young correspondent Is
In America, as a member of the New
York Tribune syndicate staff, he will
tell freely much that will be revela-
ton to American citizens.
In his first article Ackerman deals
will Germany's readiness to fight the
United States.