davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-05
N. Y. Central
Head Makes Plea
For Higher Rates

In a statement submitted TO the In
terstete Commerce Commission con-
ceraing the current plea Of the rail-
roads in Eastern territory for higher
freight rates 10 Offset the increasing
costs Of operation, A. II. Smith, presi-
dent Of the New York Central, says
that for the six years up to and includ-
ing 1916 his company had to pay out Of
every dollar earned 70 cents for operat-
ing expenses.
OF this 10 cents about ~ rents were
paid for labor and q cents we're spent
for materials and supplies. In the last
year there has come an increase CT IL
per cent in wages. Prices Of mate
rails have increased 70 per cent.
"Othcr things remaining the same"
asserts the head Of the New York Cen
trail system, tabor and materials, on
the basis Of average conditions. would
now absorb So $40 cents Of each dol
lar. With such an increase in operat-
ing costs, Is IL not plain that If a road
Il now 70 earn the money for its fixed
charges and taxes il would have TO
carry more than double its volume Of
traffic without any increase In its plant
investment"
Increasing the volume Of traffic TO
Offset greater operating costs, Mr.
Smith asserts. 10 out Of the question.
He says that while efficiency is a thing
20 be kept in mind and aimed at, it is
not promising field for the relief i'm
mediately needed.
Emphasizing the present plight OF
the carriers, Mr.. Smith says that the
Interstate Commerce Commission and
the companies themselves must assume
the responsibility OF making il clear
70 the people that the railroads are
necessary and must be keep in good
condition.
"Good condition" he adds. "implies
that they shall not only be maintained
physically. but that they shall be able
% expand in such degree as will enable
them % take care Of their peak load
The railroad companies cannot secure
any substantial sum through the sale
Of bonds, and the sale Of stock is ut
terly out Of the question.
"Thes. carriers, therefore, must have
such liberal allowances for income as
will enable them 20 maintain their
properties. 70 treat their employees
fairly, at q time when many Of them arc
being pressed, and 70 maintain rea-
sonGble dividend for their stockholders
IN order that their credit may be pre-
served against the time when capital
may again be available for investment
IN railroad securities.
at IL submitted that this commission
should, al least for the duration Of the
war, adopt q policy Of permitting gen
erous earnings for this purpose. II
this 10 not done the railroads generally,
In my opinion, cannot possibly obtain
that maximum efficiency which the stu
alton dsmAnda"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-05
Monday, November s, 1917

The downward course of securi-
ties prices, while perhaps acceler-
ated at times by malicious short SELL
ing done deliberately to break prices,
is more the result of natural eco
nomic forces than of artificial causes.
Our entrance into the war has al
ready resulted in epoch making
changes in industry and finance; as
the war goes on further changes Of
farreaching Importance are to be ex.
pected. An enumeration of some Of
the revolutionary developments in
governmental policy and in industry
that are now in force and forming a
new experience for the country will
serve to show some of the things the
securities markets have had to dis
count. Daily expenditures Of the
United States for war are now esti-
mated to be running between $685.
100000 and S40,000,000. The govern
ment has taken over food and fuel
control. Prices have been fixed IN
various basic industries. The cost
Of living has doubled. New and bur-
densome war taxes have been levied
on individuals and corporations. The
railroads are being operated under
6irect government supervision. All
shipping has been commandeered and
controlled. There is an embargo on
exports. Bank resources have been
pooled, so to speak. The country Is
faced with a serious shortage of
labor. Business is sub-normal In
most lines, excepting in industries
stimulated by government orders.
These are some of the more impor-
tant factors that have been respon-
sible for the downward revision Of
security values. Investors are de-
handing a larger return on their In
vestments and corporations are COM
PEELED to pay higher prices for new
capital. The whole financial and in
dustrial life of the country is being
turned upside down in the process Of
getting onto real war basis. Pec-
pie are coming to realize that this
war is a grim business; that our
participation in it cannot be lightly
considered if the world is to be made
safe for democracy. The serious re-
verse suffered during the last few
days by the Italian armies along the
Isonzo has shown that the enemy is
far from defeated.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-05

The yields OF government and mu-
nieipal bonds are ruling high In pro-
uortion. Those on the three domestic
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-05
ReAexes Of War

The dependence Of Holland upon for
supply of means necessary for her de-
fence has brought the country face to
face with the necessity of placing 1t
on a practical basis so far as its cup
ply of iron and steel is concerned. Ac-
cording to a Dutch technical paper,
meeting of leading persons in tie in
dustrial and banking world was called
recently at The Hague by DR.. Lely,
Minister of Water Engineering, 10 dis
cuss the erection, with the assistance
of the Treasury, Of blast furnaces ard
rolling mills in Holland. The cost Of
the scheme is estimated at ove- &c.,
100000 The result of the discussion
Is not yet known, but il Is thought
that the proposals have a fair chance
of being adopted The old argument
that iron and steel could not be pro-
duced in Holland as cheaply as the raw
materials could be imported, especially
from Germany, has lost much Of its
force. According TO "L'Echo des
Mines" Paris, company has been
ton of blast furnace and steel plant
at the Hook of Holland. The snare
capital, about s5,400,000 has been sub
scribed, the company being backed BY
one of the leading Rotterdam banks
and by two Dutch shipping companies.
A new high-speed steel has been Pat
ented by German company, the Stahl-
werke Richard Lindenburg, of Rem
scheid, says "The Iron Age" The pat
ent specification states that the steel
shall contain carbon, IL per cent; man
ganese, IL per cent; silicon, from OIL
to 0.3 per cent; chromium, from to
10 per cent, and cobalt, LIS per cent.
This material is said by the inventor
to be an improvement upon a similar
steel which he patented last yea cen
tanning molybdenum. In the manufacs-
ure of the new steel the moly5derum
is omitted and the percentage of man
ganese and chromium increased.
Children in various parts Of England
are now busy collecting the horse chest
nuts required for the manufacture OF
war munitions. The nuts have ripened
more quickly in some districts than in
others, and in some parts of London the
collection is we'll forwart: The energy
shown in collecting the nuts is not
evenly distributed, and there are still
districts where nothing is being done.
1t is stated that every ton Of nuts
gathered means a saving Of half ton
of grain. Present indications are that
at least $4,000 tons of nuts will reach
the British Ministry Of Munitions, but
this is only about one-eighth Of the
estimated crop for the country.
According to a Reuter- dispatch to
"The London Times" from Amsterdam
with reference TO the Dutch German
coal agreement, a Berlin semi-official
telegram says that Germany is ready
to supply Ho land with 100000 tons of
German and $4,000 tons of Belgian coal.
The agreement as to coal is only
part of an extensive economic agree
ment between Holland and Germany.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-05
Finance Economics
STREET OFFICE; Telephone;
Mills Building, is Broad g. Hanover e6A

Department and the banks are
closely cooperating now so that gov
eminent Withdrawals and payments
have become little more than book
keeping transfers, with the result
that a minimum Of disturbance is
caused in the general money market
situation.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-05

government conceded an additional rs
Cd per ton on pit-head selling prices
20 meet the additional charges and
higher wages-and one must assume
that the South Wales coal owners had
proved to the satisfaction Of the board
OF Trade that this was justified-tne
miners demanded and secured lur-
tner increase in wages as their snare
of the advance in selling price.
"Then. in July, the annual CONFER
ence of the Miners Federation IN Gas
cow inaugurated new wage campaign
"a meet the rise in food prices. IL IS
remarkable coincidence that ms
campaign for higher wages to meet
the cost of living was eolncldent win
Lord Rhondda's campaign TO reduce
the price of bread and meat. breau
has been lowered to price whlch WI.
involve a state subsidy OF from IhIty
to forty millions a year. mas !n.'
had anv effect on the demand TOT h;Gh-
or wages? Nothing of the sort. me
demand has been pressed with al tne
mower which the federation possesses
and within the last few days set''e
nent has been effected on the Dasls VI
an advance of Is Cd day TO all worn
ers of sixteen years OF age anu w
ward and cd day to boys under SIN
teen. This will mean an addltiop g.; o.
e71. $50 to the daily wage bill OF Div
ism collieries.
Ronuses for Railway Men
"vbere is it to end? What will be
the effect upon other industries lne
workers in those trades Wnlch are
sen.jal to the war will follow tne ieaI
~ Tho miners. Each successtui uehanu
for higher wages in any OF inc esseI.
tial industries means further oei,anu0
FROM, the other industries. Inc rali"ay
men have secured three war bonuses y.
: shillings each, and the 10 shliilnssi
has now been merged IN Wages GU ~
means a still further adVance !" n
higher rates paid for overtime. ~
pcomnIeteIv satisfied with the advance
Of * shiilings a week, plus a higher
wartime rate? If they do, they are
I;kolv 10 be disillusioned. The recent
failure of the Associated Society was
dna to the attempt of a section 10
irmp the claim of the larger society,
The same is true of the various
branches Of the engineering trades An
advance given TO one branch OF tne
trade is followed by new demands from
other branches. Thus the vicious circle
GOES round. bringing with it more dir,
fcuIties TO the economic position OF
those trades outside the area Of war
WORK inficting serious hardship upon
the aged. the sick, and those other
vyorkers who are unable to recoup them
selves by levying tax upon the com
munity, and the more rapidly exhaust
ing those material resources Oh the
state which are vital to the carrying
through of the war to victorious
finish"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-05
Montreal Change
Closing to Aid
Big War Loan
I Tasty Action, However, Calls
Forth Criticism From
Canadians
By S. Roy Weaver
Toronto, Nov. 4, 1917.

Toronto, Nov. 4, 1917.
The initial dispatch that announced
to the outside world that the Montreal
Stock Exchange had suspended opera
tions for one hour on Tuesday morning
last was accompanied by the statement
that ruin threatened some Montrea!
brokers, who were overloaded with
stock. A later dispatch sent out by
officials of the exchange gave as the
reason a provision to safeguard the
market while the attention of brokers
was absorbed in launching the new do
nestle war loan. Both statements are
probably true. The steady decline of
leading Canadian issues to abnormally
low levels and the reported sale Of
Canadian Pacific Railroad stock on the
Wall Street market at that time pointed
to a process of forced selling in Mon
trcal. The board Of the Montreal ex-
change further announced that until
further notice minimum prices would
be established on the basis Of the clos
ing prices of the day previous.
Shock to Financial Interests
The hasty manner in which this &C
ton was taken, rather than the thing
in itself, gave shock to financial men.
The president of the Toronto Stock
Exchange did not learn of the suspen-
sion of business in Montreal until the
Toronto exchange had been in session
for twenty minutes. The Toronto ex-
change committee reluctantly sus-
pended business at the request Of the
board of the Montreal exchange, and
by necessity cooperated with the lat
ter in establishing minimum prices.
The president of the Toronto exchange
stated to the writer that the amount
of stock being carried by members Of
the Toronto exchange was compare
lively light, and that from their stand
point any such action was felt to be
unnecessary. Operations were resumed
on both exchanges at II o'clock on
Tuesday. The net result Of the action
appears to have been a partial paraly-
sis Of business in the stock market.
For the time being brokers are not
doing sufficient business TO pay Office
expenses.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-05
]. J. Hanauer Helping McAdoo

WASHINGTON. Nov. 4.DJerome y
Hanauer. of Kuhn, Loeb & Co, IS -
the Treasury Department 20 cooperass
mt the instance of Secretary MeAdoo 10
allotting the Liberty Loan. Mr.. hsnsus
acted In n similar capacity for the s0,,,
eminent last juno on the occasion
the first Liberty Loan apportion"'"'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-05

United States government deposits
in New York banking institutions at
the present time are in excess Of
S600,000,000 This fact was dis
closed by Saturdays bank statement
Loans and discounts Of the Clearing
House banks increased s18l 900, 900
last week as a result Of the fnal
banking operations in connection
with the closing Of the Liberty Loan
subscriptions. The huge item Of gov
ernment deposits represents funds
that have been paid in on the loan
and on the sale Of Treasury certif-
Gates Of indebtedness. The Treasury
The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1917-08-27
STOLEN PLUMBER

Word has been received here from
J. w. Woods, deputy sheriff OF Ban
mock county, that an escaped patient
from the asylum had been caught
near Williamsburg, Idaho, and turn
ed over to the authorities at SODA
Springs, from where he was returned
to Blackfoot. The man was travel
ing with a pack outfit and a great
deal of stolen pluder some of which
may belong in the Blackfoot terri
tory. Mr.. Woods was advised to keep
the articles until they were claimed
by the owners. The two horses and
a rifle have been returned.
The following articles are at Mr..
Woods's place at Williamsburg: One
saddle, single rig with the letter H
cut with knife on the skirt in front
and w cut on the left skirt; one 30
80 caliber rifle; one riding slicker,
size o.; one riding bride; one pack
saddle with bags; one pair Of leather
chaps; SO pounds -four, Brand Firth,
Idaho; 20 pounds evaporated apples;
six pounds rice; two pounds beans;
two packages macaroni; frying pan
and dripper, two small pans, knives,
forks and spoons; one fishing rod;
one heavy overcoat, color dark, make
Lewis & company, Pocatello, Idaho;
Mackinaw coat, black and gray
checked, made by the Provo Knitting
Mills, Provo, Utah; two comforts, and
one homemade quilt; one small tar
polian; one small Waterbury alarm
clock. "
The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1917-08-27
PICK UP
THE NAILS.

II people could only realize the
enormous loss caused by automobiles
being punctured by nails and tacks
lying in the streets and roads, and by
the harmless looking pieces and
strips of metal that flip up on end
when the front wheel passes over
them and are struck by the real
wheel so they penetrate it, they
would be willing to pick up all such
things on sight and deposit them
where they could do no harm.
Wherever a building is being
built or repaired there are nails ly'
ing around that get swept off into
the street. Each nail may be run
over a hundred times before it makes
a puncture, but II each pedestrian
would pick up each one he sees II
would be a saving to other travellers
Just try it week. Pick up that
nail!
The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1917-08-27
AT THE LIBRARY.

Have you read "His Family" by
Ernest Poole? Critics call it the fin
est and most thoughtful novel Of the
year.
LEND Me Your Name" by Fran.
els Perry Elliott, joyful tale of an
earl and a burglar who changed
places.
Summer" by Edith Wharton, re.
viewed by the Literary Digest as the
New England adam Bede."
Besides the new fiction there is
a full shelf of the newest and best
war books.
Read cover the Top" by Arthur
Gay Empey, a native of Ogden who
aroused at his office in Jersey City
by the sinking of the Lusitania, join
ed an English regiment and took
part in almost every variety of trench
warfare.
Letters and Dairy" of Allan See
ger, the young American poet who
was killed July 4, 1916.
"a Soldier of the Legion" by Ed
ward Mortal, San Franciscan and
a companion of Seeger in the legion.
Flying for France" by Sergeant
J. R. Mcconnell, the young North
Carolinian who gave his life for
France last summer.
"The Red Horizon" by Patrick
McGill.
"Gallipoli," by John Masefield.
Between the Lines" by Boyd Ca
BILE.
"a Student in Arms" by Donald
Hankey, who was killed at the front
last October.
For those who wish a clearer un-
derstanding of the causes Of the war
there is "Origins of the War;" by
Rose, study of Anglo-German rela-
lions from 1871-1914.
Then Germany, the Next Repub-
lic?" by Carl W. Alderman, the cor
respondent who came out with Ger
ard.
And "The Russian Revolution" by
Isaac Don Levine, gives concise ac-
count of the great events of March
in Russia. or
The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1917-08-27
NOTICE OF SALE OF REAL
ESTATE UNDER EXECUTION
George Wright, Plaintiff, VS.. ]. l.
Stewart, Defendant. - Notice of
Sheriff's Sale.

George Wright, Plaintiff, VS.. ]. 1.
Stewart, Defendant. - Notice of
Sheriff's Sale.
By virtue of an execution issued
out of the District court Of the Sixth
judicial district, Bingham county,
state of Idaho, wherein George
Wright is plaintiff and J. I. Stewart
is defendant, upon judgment rem
dered the 4th day of March, A. D.
1917, for the sum of $298.94, United
States gold coin, besides costs and in
terests, have this day levied upon
all the right, title, claim and inter-
est of said defendant, J. I. Stewart,
Of, in and to the following described
real estate, to wit: All the right,
title and interest of ]. I. Stewart in
the following described land now
standing on the records of Bingham
county in the name of ]. I. Stewart
and Nola Stewart.
Lot four, section thirteen, town
ship three south, range "a; lot
two, section fourteen, township three
south, range "a east, Boise meridian.
Also all the right, title and interest
of J. I. Stewart in the southeast quar-
ter of block 70, Shilling's addition to
the city of Blackfoot, Bingham coun-
ty, Idaho, now standing on the rec
ords of Bingham county in the name
of Nola Stewart.
Public notice is hereby given that
I will, on the 22nd day Of Septem-
Der, A. D. 1917, at 10 o'clock a. m.
of said day in front of the court
house door of the county Of Bingham,
sell at public auction for United
States gold coin, all the right, title,
claim and interest of said defendant,
J. I. Stewart, Of, in and to the above
described property, or so much there
of as may be necessary to raise suffi-
cient money to satisfy said judgment,
with interest and costs, ETC., to the
highest and best bidder.
Dated August "a, 1917.
(Seal) A. H. SIMMONS, Sheriff.
By Fred r. Hines, Deputy Sheriff.
IA
The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1917-08-27

going officers of the ward. They are
Bishop L. R. Thomas; J.. H. Cutler,
counselor in the bishopric; B. H. ALL
red having previously moved away;
Mrs. L. R. Thomas, president of the
Y. L. M. l. A; George H. Clark,
superintendent of the Sunday school;
W. A. Dance, president of the Y. M.
M. l. A.; Mrs. s. H. Jacobs, president
of the Relief society; Edward Benz
The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1917-08-27

ley, ward clerk, and Mrs. P. G. john
ston, president of the Primary. The
honored guests made short speeches
concerning the work and expressing
their pleasure in their duties as Off
GERS. David o. Mckay Of Salt Lake
City was present and delivered a
short butinteresting address. After
the program refreshments were serv-
ed.
The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1917-08-27
PAST OFFICERS HONORED.

!. The party Tuesday evening, August
81, at the Second ward L. D.. S.
church, was given in honor of Mr..
and Mrs. P. G. Johnston. who leave
soon for their future home in La
Grande; Mr.. and Mrs. Joseph H. Cut
Ter, who will soon take up their res
idence in Brigham City, and the out
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-11-08
A ROYAL HAIRCUT

In some eastern countries children's hair
Is not cut until they are ten or twelve
years OF age, the girls then~b being consid-
cred marriageable. Up to that time II is
coiled on the top of the head and adorned
with fresh flowers
When the great day for cutting comes.
there Is a grand ceremony accompanied
by much feasting.
One who was present at a royal mir
cutting tells us that the favorite Of the
harem waS robed in long flowing garments
of silk and lace. confined at the waist
by a golden girdley~ Her long hair, c9iled
for the last time, was fastened with dia-
nond pins. which cleaned and glittered
among fresh white flowers ana green
leaves like pearly drops OF morning dew.
There, In the presence Of the ladies' her
father and an officiating priest SURROUNDED
by her maidens, some 200 in number sbe
knelt under canopy Of flowers and leaves
while prayers were chanted.
Then. the beautiful tresses being I'M.
bound, her royal father, dipping his Fingers
Ia rosewater and drawing them carelessi,,
over her head. clipped on about an eiehtt
Of an inch OF hair and threw Il into ~.
golden basin. depositing at the same ti,as
on a great salver placed ready 70 receivc
them presents Of jewels and gold
The priest cut the next piece, her nootb.-
the next, and 80 on. each guest servIns \.
turn until the little lady was shorn. -
All gave costly gifts, Intended Tor he,
marriage dower--prlncea. ministers Of stats
and dgnitaries OF all Sorts whf, walte6 n
the outer courts. sending IN theirs by ~
Attendants. The day ended IN feaaflne anS
display q hreNorks Cnlcago Post