davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1918-06-26
Studying Commission Rates

The special committee Of five, ap-
pointed by H. G. S. Noble, president of
the Stock Exchange, to investigate the
advisability of revision upward in
the present commission charges for the
purchase and sale of stocks, has re-
ceived many suggestions, among which
is one favoring the selection of a
series of rates similar to those in
force on the Boston Stock Exchange
Another recommends a scale Of com
mission varying with every SO gSada-
tion in the price of the stock. Still
another plan suggests the present rate
Of 6z cents a share for stocks selling
under $40. charge of 10 cents share
for stocks selling between $40 and
$50. 20 cents for stocks selling up to
800, with charge of 25 cents share
for all issues selling above $100.
General Motors Still Soaring
General Motors closed at 149% yes
terday, the top price and a new high
record At the same time 31a points
was added to Mondays gain of 2A.
That there is still large short inter-,
est in the stock was indicated by the
of the a per cent premium
asked by lenders. 1t was reported that
the heaviest lenders could be found in
four commission houses.
New-York tribune., 1918-06-26
Specials

Arlington NIills.-A special dividend
of So per share has been declared in
addition to the regular quarterly
dividend Of 50 per share, both pay
able July 1 TO stockholders Of record
luna "a
New-York tribune., 1918-06-26
Dividends
Extras

Stafford Mills.-An extra dividend
of 5 per cent has been declared, pay
able July Is.
New-York tribune., 1918-06-26

Federal Reserve banks en commercial
paper on all periods up to ninety DAYS:
New-York tribune., 1918-06-26
Relevant Comment
May Resume Dividends

The question of resuming on the
preferred stock of the international
Agricultural Corporation either by
paying of some of the 36% per cent
arrearage or by establishing the rate
again at per cent was referred by
the directors to the finance committee,
which will report back to the board at
it's July meeting. The members of the
finance committee are Stephen B. Elem
ing, John J. Watson, jr., Albert II.
Wiggin, Thomas w. Lamont and
George B. Case. 1t has been suggested
that the back dividends be taken care
of by new issue of stock.
New-York tribune., 1918-06-26
Market Barometers
Stock Exchange Transactions

Bonds
Yesterday. before. before.
U. S. gov $5,225, ,ooo $3,7s8, 900 81 100000
Railroads. $4,000 $4,000 $4,000
Others g.. 1,053,000 t,42e,000 1,o28,oo0
All bonds. 6,649,00o 5,558,o00 2,S88,oo0
New-York tribune., 1918-06-26

Below is given the current exchange
value of foreign money in dollars and
cents, together with the INTRINSIC gold
States Mint:
New-York tribune., 1918-06-26
Steel Mills Approach Capacity

Elbert II. Gary, chairman of the
United States Steel Corporation, an
nounced after a meeting of the finance
committee yesterday that the finishing
mills are now operating at approx
mately 05 per cent Of capacity. This
compares with 90 4-10 per cent. re-.
ported week ago, and is at about the
highest possible production.
New-York tribune., 1918-06-26

Discount Rates.--The following table
gives tho current rates Of the twelve
New-York tribune., 1918-09-08
"Made in Germany"

Gentle pacifst souls may be distressed
by the rapidly spreading movement for
boycott of German goods after the
war, but their protests are not likely to
stay the bitter resentment of which it is
symptom. There is no punishment to
fit German crimes; justice is bound to
be administered imperfectly in an i'm
perfect world But it would be a mock
cry of all we hold most sacred if the
deviltries that almost shame hell itself
were to find an oblivious antidote in
sentimental pity for the criminals. 1t
was partly as business enterprise that
Germany went into the war Even now
she is planning how to make it pay in
defeat. Will any patriotic American
play the role of accomplice?
Made in Germany
Yes, the rape of Belgium, the sinking
of the Lusitania and all the other ships
that have carried women and children
to their ocean graves, the torture the
pillage, the destruction, the desecration
of sacred shrines, the cold-blooded mur-
der of the helpless, the handing over Of
innocent girls to fate worse than death
all these things were made in Ger
many. And for that we are to stretch
out our hands in brotherly friendship
when peace is declared, to buy German
goods, to sail in German ships, to let
what the world has suffered be as if it
had not been. No, not while this gener-
alton of Germans exists, if we have red
blood in our veins.
Hate is feeling not to be lightly cul-
tivated. Vengeance, no matter how
righteous, too easily leads to excesses
from which we rightly shrink. But
people incapable Of the just Indignation
which Germany has evoked, ready to be
placated by the first sign Of superficial
repentance, would not deserve the free
dom for which such sacrifices have been
offered.
Made in Germany!
The words should be memorial of an
incredible crime for many years to come
New-York tribune., 1918-09-08
Concrete Roads and IL Cent Milk

We compliment the Portland Cement
Association for an advertisement in the
current periodicals. 1t achieves the
varied object of proclaiming at once the
advantages of good roads, the use Of
motor trucks, the value of concrete and
the advantages of organization in such
matter as the distribution of milk. In
the City Of Milwaukee, of near one-half
million inhabitants, milk costs II cents
a quart. In most cities it is 13 cents or
more. This means saving to the peo-
pie of Milwaukee of around clean mill
ion dollars a year.
The advertisement gives three reasons
for this result well-organized distribu-
ton, ample milk supply and low cost Of
hauling. And it AYERS that all three of
these are the natural consequence of
system of 129 miles Of cement highways
radiating from the city Only small
portion of the Milwaukee milk supply
comes in by rail. The most Of it is hauled
by motor trucks over these concrete
reads AS sample of the saving they
quote the president of the largest dairy
company Of that vicinity as saying that
where one man with two horses, which
had to be changed every other day, for
merly could haul about forty cans day,
now little wo-ton truck will haul about
one hundred eight-gallon cans, making
two trips instead of one.
The advertisement closes with the per-
tinent question: How much Of your milk
bill is for bad roads?
New-York tribune., 1918-09-08

course, clear down tho line in all the
staples which are manufactured from
these. A fixed price for coal influences
manufacturing and transportation costs
over tho whole nation. This would nat
urally have a very considerable effect in
arresting general rise.
But probably Of much deeper moment
is a liberal export of credit. We are
sending billions of dollars worth of
goods abroad and take for this the l
US Of the Allied governments, and in
many cases Of private concerns. If these
were negotiable securities and could be
readily passed on this would in no wise
affect the general flow of currency. And
to Il certain extent this is attained by
the granting of large credits by our gov
ernment and the fotation of Liberty
bonds to pay for the goods thus acquired
But Liberty bonds are not legal tender,
although to some extent they are made
to perform that function by being used
as collateral at the banks and the issue
Of credits based thereon.
But at the same time the banks them
selves have taken up considerable guam
titles of these bonds and of Treasury
certificates, and to this extent have
stopped portion of the return flow
which would otherwise take place.
Moreover, our government. for it's own
uses requires very large capital and
credits not covered by either bonds or
treasury certificates; in other words, it
gets the goods and pays slowly. All
this may serve to explain the marked
arrest Of rising prices within the last
year. Practically the peak Of prices
was reached full year ago. 1t will
now be interesting to see whether in the
next few months this advance will not,
in spite Of all possible price fixing, be
resumed. If the credit expansion of the
last three months were to continue, such
an advance would seem to be almost in
evitable.
New-York tribune., 1918-09-08
The Blood OF War
(Frons the American Chemical Society)

IVHE Importance of exercising the ut
4 most economy in the use Of paper
during the period of the war has
been pointed out by Mr.. T. J. keenan,, prom
inent member of the American Chemical
Society, who is engaged in the industry.
The relation Of sulphur and chlorine to tho
pulp and paper industry, as well as war
fare, is closer than most people
aware of.
Sulphur is burned in ovens to produce
sulphur dioxide gas, which is made to COM
bine with lime in the presence of water to
form acid sulphte of calcium. This
solution also has a percentage Of free
sulphurous acid. Large quantities Of this
solution are used in suphite pulp mills in
the preparation Of the pulp, and it is the
class of papers which contain sulphite pulp,
both bleached and unbleached, that must
now be used sparingly In order to con-
the supply. Nearly all book ard
magazine papers contain bleached sulphite
pulp in considerable proportion. The
cheaper newsprint papers contain Is to 20
per cent Of sulphite pulp, the remainder
consisting Of the whole substance Of the
wood produced by grinding logs against
stones In such way to preserve the fibre
in its greatest length and strength. Many
Of the so-called manila wrapping papers
contain sulphite pulp and a call has gone
forth for greater economy IN the use oe
this class of paper, as we'll as the book,
magazine and cheaper bond papers, some
of which are made entirely of sulphte
pulp.
The sulphur fields Of the United States
in Louisiana and Texas have been taken over
by the government and the production of
chlorine is also under control, the supply
Of chlorine bleach to paper mills being re-
stricted Sulphur is sometimes called the
blood of industry and war.
The development of gas warfare on the
Western front and difficulties in getting a
full supply of sulphur and chlorine are
what has caused the government to assume
control of their production. One Of the
most effective Of recent inventions in gas
shells is the mustard shell, composed OF
dichlorethyls which, as its name
implies, is compound containing chlorine
and sulphur. Chlorine is also the chief
constituent of carbon tetrachloride, which
is the base of one Of the most effective
smoke screens.
New-York tribune., 1918-09-08
r ord
(From The Vi,ldoer)

W7ERE the Senate Of the United States
w engaged in the business of manufact
uring automobiles and tractors, one like
Henry Ford would without question prove
a useful member But the Senate does not
make motor cars; 1T makes laws. In the
past men have now and then gone from
large business into Congress and there
made good if not important records. and
there is doubt that industry will con-
tnue to contribute from time to time val
liable voices for the nations council, But
these will be, they have been in the
past, men Of rounded talents, and for the
most part those who merely happened to
have been merchants or manufacturers
Mr.. Ford's destiny has been over a single
track; he could not possibly have been
anything other than what he has been.
have done anything other than what he
has done. In the building of motor cars,
where the incentive was profit he has sue
.cceded extraordinarily, incidentally per-
forming n genuine service to his time. O..
witness his great reward but when he
thought to serve directly to be leader Of
men for spiritual gain rather than a manip-
uator of materials for money profit. he
gave US the comic Peace Ship of unbappy
history. BY MIR. Fords presence in the
Senate Mr.. Wilson would secure from an
overwhelmingly Republican state an auto
matte yes for his policies. One may grant
the political achievement and yet deplore
the sacrifice at which it would have to be
made. For to our legislature Mr.. Ford
would bring only his knowledge of the
wholesale method of fabricating and assem-
bling machines; his information, his philos-
ophy and his religion begin and end there.
New-York tribune., 1918-09-08
Convict Recruits

To the Editor Of The Tribune.
Sir: With all the other good things that
you are accomplishing, cannot you start
campaign to allow the entry into the army,
to fight for the redemption of the world,
of the convicts in the various state prisons?
A large number of them are willing and
anxious to go, and it would certainly mean
the redemption Of many of them. The
joyeuse brigade of Paris is composed, as
understand it, Of men who have served
term in prison. No lot of soldiers in any
army have shown themselves more cour-
ageous nor have done better work Thew
have been practically wiped out twice since
the beginning Of the war visit to Sing
Sing and talk with some Of the inmates
will go far toward changing the opinion Of
any doubter. JOSEPH MATHERS
New York Sept. 5, 1918.
New-York tribune., 1918-09-08
A Week of Verse
To ENGLAND
tFrom Sc1bner's Mdodsine)
4 "A OTHER, we como from beyond tho sea,

tFron, Sc,ibners MdodSnc)
"A MOTHER, we como from beyond tho sea,
lVI Whom you bore in the distant past,
Unloving children of thine were we,
But flesh Of thy flesh Mt the last.
We came not for thy deep bruised breast,
For the pain in thy valiant cry,
But VIC come at last for our own souls rest
Lest the soul of England die.
Now from camp and from keen gray fleet
Our WIN flags also fly.
You hear the throb Of our marching feet
Motherl Thy sons are nigh.
Now in the watch for morning dim,
Through the beats Of the shrapncl's drum,
You hear the surge of our battle hymn
Motherl We comel We comcl
WILLIAM BAKEWELL WHARTON.
New-York tribune., 1918-09-08

stand and indulged himself in proper
sentiments of victory. He said what he
thought of Hearst. In short, he gloated
and his customers gloated, and there was
rejoicing in the fact that little bit of
the world had already been made safe for
democracy. And he announced that he
would not sell Hearst papers.
The effect of all this upon the puissant
publisher is to be imagined. That side
of his nature which he revealed to his
frends Hylan on the sands of Florida by
saving toad from tho belly of a jelly
fish is eclipsed by rage. John William
son shall be crushed. That, Of course.
But the city-it shall be humiliated in
the person of it's representatives.
SO we have the spectacle indicated in
the beginning. No less person than
the Commissioner of Parks himself is
sent to inhict the penalty upon John
Williamson. High wrath must be Wis.,
tied upon the victim in high and beft-
ting manner.
The Commissioner asks John William
son if he means to say that he will not
sell the Hearst newspapers. John Will
hanson says that is what he means to
say. The Commissioner of Parks says:
Il have got to hand you this" This is a
notice that the license of John William
son to sell papers at Borough Hall,
Brooklyn is revoked And that is John
Williamson's LIVING
The humiliation of John H. Harman,
Commissioner of Parks, is the humilia-
tion of city. For the city's sake we are
almost glad The Tribune is the only
paper that prints the news of the strug-
gle that is going ON between the news
dealers, on one side, and Hearst, the Pub
fishers Association and the city admin
istration, on the other side.
However, the sequel saves it. John
Williamson is not to be trif1ed with light
ly. He may open his newsstand again
to-day, without selling Hearst papers,
without let or hindrance from the city,
because, after all, it was not difficult
yesterday to find in Brooklyn a judge
who would grant temporary injunction
restraining the city and all its agents
from revoking his license, The case will
be argued Wednesday.
New-York tribune., 1918-09-08
A Billion of New Credit in Three
Months

In the National City Banks Monthly
Circular Mr.. George E. Roberts points
out the very rapid expansion of loans
and rediscounts in the last three months.
For the Federal Reserve system alone,
including all the national banks, it
amounts to over a billion; which means
not less than a billion and a half or
more for all the banks of the country.
For the year the rediscounts of the
twelve Federal Reserve banks expanded
by nearly billion and half (from q
level of only $161 100000 in July, 1870,
while national bank credits increased
over $800o00,o00 more. This would i'm
ply total credit expansion for the coun-
try of perhaps three billions, from base
of around seventeen billions.
We know that, from the figures as to
coal, pig iron, copper, total tonnage ham
died by the railways, stock exchange
transactions and the like, there has been
no similar increase in the nations actual
product of goods, nor in the volume of
actual exchanges. Yet there has been
no marked rise in the general price level
in this period. The averages of Dun's
Index, for example, have advanced less
than per cent in a year. Since there
has been in this time obviously no de-
cline in the rapidity of circulation Of
money and credits, it becomes an inter-
esting problem as to how this huge ex-
pansion could take place without moro
deeply affecting prices.
There are several possible answers.
An evident one is that the government
has arbitrarily fixed the price of num-
Der of commodities which form a large
item in The nations business, and this
action by tina coYArumeut il xaaectad nf
New-York tribune., 1918-09-08

TNNEEsE spaniards among US who still
d sympathizc with Germany invoke in
defence Of their sentiment injuries
we, at times more or less remote, suffered
at the hands of the French and English,
which is like the wolf in the fable who
proclaimed his right to devour, or allow
some one else to devour, the little lamb be-
cause of grievances received from its father.
Against England is employed the argu-
mcnt OF her wealth. She possesses rich
colonies, immense territory in all the five
as highly civilized and meritorous) has
none Of these. Why?
They who Indignantly ask this question
in Spain, many Of them rich landowners,
unconscously employ tho same argument
against England as are used by the Social
lists against them, viz: eve are as worthy
as you. You are rich. We are poor. Why
should this be so? Robbers, release those
lands which you unjustly retain"
Against France our argument Is religion.
This nation, which decreed the separation
Of Church from the State, SIS In all other
civilized countries except Spain, deserves
to be punished. Even if this were just,
would it not be unjust to apply the chastise-
ment to the blameless7 In France to-day
the masses are Of Catholic faith, maintain
ing their church with the same decorum,
voluntarily and independently Of the gov
ernment.
The argument against Russia is that she
has not kept pace with civilization. Poor
Russia, what armament has she? What
strategic railways7 Where are her asphyxi-
ating gases? They eat with their knives
and are little better than savages. Those
samo savages, provided with iron bars in
stead of rifles, we learn from the German
press, fought successfully against the whole
Austrian army and more than one-third Of
the Germans for nearly three years.
But the case against Belgium is the most
quxotic of all. This Belgium, what pos
sesscd her to go into this headstrong ad-
venture? How dare she confront colossal
Germany Had she allowed the Kaisers
troops to pass she had met better fate,
a pocket jingling with gold coin, and, pos
sibly, who knows, after the war a little
present from Almighty William of
French province
This Is what we hear in Spain. Germany
dsdains even to argue about it. That roar
ing automatic will pronounces only the
words, Eve shall" But from all the cor
ners of the world where live men Of true
mettle the answer has come back, "You
shall notl'
1t Is a case Of mental disintegration.
smashing the gear of free reasoning Of the
masses and delivering them over to the
whims of the hypnotizer. The hypnotizers
sx ths German mamaa AKA Tia leaders IA
New-York tribune., 1918-09-08
An Errand for Hearst

This is the narrative of how the Com
missioner of Parks in Brooklyn Borough,
a public official, was made to perform a
personal errand for William Randolph
Hearst. The object of the errand was to
punish newsdealer named John Will
hanson, with a stand at Borough Hall,
for refusing to sell the disloyal Hearst
newspapers. The city administration
had been weak with him. 1t had first re-
voked and then restored his license.
Therefore, there was not only a news
dealer to be punished again, but the city
administration had to be disciplined
publicly.
In the first case the city was unable
to say that Williamson had fatty refused
to sell Hearst papers. He had only re-
fused to buy as many of them as the
Hearst agent thought he should. For
that offence, however, the acting Park
Commissioner, Mr.. Muldoon, under in
structions from Mayor Hylan, sent Will
iamson a latter revoking his license on
the preposterous ground that he was not
properly serving the public. Williamson
is a reckless person, made of militant
American stuff. He engaged counsel and
started a fight. The city was bluffed.
Its case was bad. The Corporation Coun-
sci, that is to say, the city's lawyer, ap-
preached Willamson's lawyer with an
offer to restore the license and call it
quits. Williamson's lawyer consented,
provided it was put in writing and that
the restoration be unconditional. This
was agreed to, ard the incident was
thought to be closed.
Inhn Wi1iamshn raonenAd hiR uRXns
New-York tribune., 1918-09-08

politics and the Prussian army backed by
the cowardice of some of their writer's
"Guard against the dictates Of your hearts
as from an enemy" they are cautioned,
"shoot down priests, destroy monuments.
violate women, asphyxiate children lose
no occasion to terrorize the enemy" and
see pacific and peace-loving German
citizens, kind and affectionate fathers Of
families, shooting, violating, plfering,
asphyxiating. They are told to kill prison
crs and they do it.
Such a state of moral penury rather in
spires pity than hate. They are dominated
men, and the horrors should be charged up
to their masters rather than to them.
Like everything that touches for an in
slant this little planet inhabited by men,
this war also will pass. The dense cloud
darkening to-day tho whole Of Europe will
fade away into clear, blue sky.
Mother Earth will drink the blood, swal-
low up the bones, and immortal life will
Once more prairies will glow with beauti-
full flowers, the branches Of majestic trees
gently sway in the peaceful quiet of even
tide, and Gods songbirds with glad thrill
welcome the rosy dawn of day.
And what will be left Of it all? Only a
great shame, great remorse
The day will come, God grant it come
soon, when these automatic assassins of
women and children will come out of their
hypnotic stupor and, Mortified at them
selves, will fall on their knees before their
own children and pray for pardon for the
disgrace they have brought upon their
heads in seeking to outrage the honor Of
mankind before their youthful eyes, and
in attempting to rout out from their hearts
the one principle for which men can live
and should die.