davidaulloa/AmericanStories huggingface dataset:
The news scimitar. (Memphis, Tenn.) 1907-1926, 1918-12-04
REPORT
Of SEC. M'ADOO
PRAISES PEOPLE
Says War Was Financed With
out Shock to Business and
Credit and Business StruC-
ture Remains Sound.
PURCHASE OF BONDS
MEETS EXPECTATIONS
Figures Cost of War to Nation
for Fifteen Months Ending
June IS Is Over Thirteen
Billion Dollars.

WASHINGTON. Dec. 4-Thc fuau-
cisl history of Americas part in the
WAL is set forth by Secretary McAdoo
in his annual report drafted before his
resignation. n made public today b.
the treasury. 1t is the history OF how
the American people paid billions in
taxes, raised four great Liberty loans
and created a tremendous pool Of credit
with which tho treasury. through it's
many war agencies, paid the bills of the
army and navy, the shipping board and
other government departments. loaned
billions 10 the allies and millions to
war industries, neIrhu support the fanJ-
lies OF soldiers and sailors and tidrd
farmers over periods Of financial
stringency,
THE payment into the treasury Of
vast sums In wal taxes n from LOnd
sales" said Secretary MCAdoo, and
the transformation or VA varied aud
complex economic life TO the supreme
task of winning the war have been ac-
complished without shock or financial
disturbapce, The credit and business
structure Of the nation remains sound
and strong. The results Of the -four
Liberty loans are a tribute to the pa
triotism OF the american people and tu
the economic strength of the nation"
The report constitutes Secretary Nc
Adoo's final accounting ot his steward
ship before retiring as the nutiOn'A
port Mr.. McAdoo refers repeatedly to
the remarkable achievements Of Amer
teas civilian population In providing
the money and materials for war and
acting as the eager second line of de
Tense"
C,~nmuoantiug nm tha gl,o,,tD, ,f Cbpnr
The news scimitar. (Memphis, Tenn.) 1907-1926, 1918-12-04
N @ C {

City OF Memphis series Of 1912 reve-
" notes win be offered 10 tho public
Jan. 2, for delivery soon after.
These notes to be dated Jan. ! and
mature Sept. l. Interest 20 be ev!-
denced by coupons at 8 per cent.
To be in denomination Of $1,000 each.
Legality approved by John c. Thomson,
attorney, Of New York, Issue will he
approved by the capital issue committee.
Safer and more remuneratlve than a
time certificate OF deposit. Eligible at.
ter March l for rediscount In federal
reserve bank.
Investors may bid through local insti.
buttons or direct for all or any part OF
issue. Right will be reserved to accent
or reject all or any part Of any bid.
Pending formal advertisement. lnqul-
ries are especially invited from local
capitalists.
Information at offce Of commissioner
OF accounts, finances and revenues
Phone Main III.
ALFRED u. MASON. Commissioner.
Attest; {. c. PAsHBY. City Clerk.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1918-12-04
Biggest in World.

at is certainly one OF tho greatest
business enterprises in the world" he
said. and Individually the largest life
Insurance concern on the globe, having
nearly S36, coo, 900, 900 Of life insurance
IN forco.
The report discloses that Liberty loan
conversions have been made as follows:
FIRST Liberty loan SIS per cent bonds
EXCHANGED for I per cent bonds, S56s,.
$4,000, first Liberty, loan 3iss and
second Liberty loan IS exchanged for
4&s, $l,6+l, 66l 600, This indicates that
most houd bus ers have failed to take
advantage Of the treasury's offer to
convert past issues into bonds bearing
a higher rate of interest, 1t Is now too
late 10 convert.
Referring to federal farm loans
amounting to SllS,62S,0 600 during the
year ending last Sept. 30. the report
said Tho existence of this system
operated under government super
vision, granting long term loans at rea-
Sonahle rates of II terest, has uuQues-
ttonahly saved the farmers OF the
United States from many exaotions,
foreclosures and denial of financial ac-
commodatiOns during this period. The
system has been u harbor of refuge for
he borrowing farmer. Through its
competition with other loan agencies
il has reduced interest rates almost
eVeryw here in the United States and
has saved the farmer In large measure
from those financial troubles which
otherwise must have heSct him. 1t has
constituted the greatest governmental
agency for financing the basic Industry
Of the Uuited States~-that OF agricul-
ture
The report also dealt with the treas
ury's activities in licensing ana super-
vtsing the liquidation ~ enemy inSur-
aure companies operating in the United
States. tho public health services
tremendous accomplishments in com
hating the Influenza epidemic and
maintaining sanitary conditions about
camps, the International high commits
slon's success In promoting uniformity
of commercial regulations between the
United States and Latin American
countries, and the tasks imposed on the
customs service In connection with the
policing Of harbots during the war.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1918-12-04
ON SOCIETY
MEETS FRIDAY NIGHT

The Carry on society, composed
spite the loss of a limb or any of the
five senses, are able to make their own
way In the world, will meet at the
Chamber of Commerce Friday evening
at s O'Clock. All who are crippled or
injured in tho manner indicated are
eligible to membership and large at
tendance Is requested.
The society is anxious to give to re-
turning soldiers and sailors, wounded
or MANNED In the war, the benefit Of
the experience of it's members and
hopes in this way to make substantial
contribution to the solution of at least
II Of the reconstruction problems
facing Memphis. These men will be
trained and otherwise equipped,
through the aid of the society, for
making their own living.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1918-12-04
liz AlRPLANES TURNED
OVER TO MAIL MEN

WASHINGTON, Dec. I-One hun
dred De Haviland tours and u Hand
ley~Page airplanes have been turned
over TO the postoffice department by
the war department for use in the air
mail service, The postotfice depart.
mrent announced today that tho he
mail and will he altered SO as To In
crease the capacity to 1900 pounds.
The HsndleN -rages are immepse bomb
ms planes, clpable OF carrying q ton
o. more.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1918-12-04

Get some GOLD MEDAL Haarleth on
Capsules at once, They are an old. tried
preparation used all over the world for
centuries, They contain only old-fash-
strengthening and system-cleausing
herbs. well known and used by physl-
clans IN their daily practice, GOLD
MEDAL HARLEM OH Capsules are i'm
ported direct from the laboratories IN
Holland They are convenient to take
aud will either give prompt relief or
eur money will he refunded ASK
Tor them at any drug store and be sure
to get the original imported GOLD
MEDAL brand Accent ne substitutes
In sealed ~packagss. Three sizes, adv.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1918-12-04

rank next in number Of applications,
The magnitude OF the work OF the
capital Issues committee was indicated
by the report that since its organiza-
ton last May II II has examined near
~ 1000 applications from prospective
issuers Of securities, a~ggrogatiug about
S., 3h0, 900, 900,
About 20 per cent OF these appll.
cations We're disapproved, Maid the re-
port, land these were mostly Of a
character involving new extensions
which would not be Co%ntributory to the
winning Of the war, The prevention OF
approximately $3.50, 900 200 of unneCes-
sarN issues which could be postponed
was an important contribution to the
conservation of the nations resources, -
Mr., MuAdoo took the occasion to
emphasize again tho Importance Of
Fastening enactment Of the revenue
bill now pending in congress.
Unless the measure becomes a law
IN the near future he said, lit will
not ho physically possible for the treas
urN to frame the necessary regulations
ana to print and distribute the neceS.
sarv forms before the returns and taxes
VIII be due, The enforcement OF the
law will necessarily he lmperlled.
The wisdom Of such action ia em-
phHSi5od by eNcry Sound economic con
stderation and wise tax policy, II Is
desirable and necessary from the view
point Of the treasury in condcnsing the
period of reimbursement, aud from the
vtewpoint of labor and industry gen
Mr., McAdoo Reviewed the financial
practices or the year, including the
floating Of short tern, certificates OF
Indebtedness in advance Of every Lib
erty loan to prevent the disturbing Of
the money market by the loans and to
obtain the money needed by the treas
ury IN advance Of loan receipts. He
said the war savings movement had
resulted not only IN gathering In $S34,-
600. 600 for war purposes up to Nov.
/, but Il had helped to teach the Amer
team people thrift and economy.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1918-12-04

allies during the year has been TO sta
billie foreign exchange rates INK bring
the dollar nearer par in European coun e
tries. but did not mention the specific
acts undertaken by the treasury TO ac-
Complish this In exchange for credits
France gave the United States credit In
France of 1891, 275, 900 for army pur-
chases. Great Britain established sim =
Jar credits Of $ll5,6 SS, 900 and Italy
So, 2S4 900.
Turning to the enormous task OF coll
Letting SS,69t, $40, 900 in taxes during the
last hsCal year, or moro than four
times the record collection OF the year
previous, the secretary emphasized that
This had been accomplished largely
through the cooperation Of business in
terests and Individual taxpayers.
During the fiscal year 1915" said
the report, the bureau of internal
revenue has been able to collect the
largest tax ever collected by any oun
try, an amount which represents a
larger proportion OF the nations war
budget than any other beIlgerent en-
gagged in the present war has been able
to defray from tax revenues"
From would-be tax dodgers the rev
enue bureau now expected TO collect
several hundred million dollars sddi-
ttonal taxes,
played by the federal reserve system
during the war, Secretary McAdoo had
this TO say;
THE federal reserve system has per
mitted the enormous transactions CON
nected with the financing Of the war to
be carried through without shock or
disturbance and jts services will not be
.oss important to the government and
10 tho nation in facilitating the read
lustment from a war basis TO a peace
basis and to assist and foster there
after the development Of agriculture,
industry and commerce under normal
peace conditions"
MIR. McAdoo dealt at length with the
accomplishments of the war risk insur-
anCe bureau, which has built up an or
gani2ation of $4,000 employees, neces-
sary for the issuance OF about a million
checks every month to soldiers or their
disability Com%DenSation and Insurance
The news scimitar. (Memphis, Tenn.) 1907-1926, 1918-12-04
THE MOST
DANGEROUS DISEASE

No organs of the human body are so
Important to health and long life as the
Kidneys, When they slow up and COM
mence to lag I'm their duties, book OUT,
Danger is In sight,
Fine out what the trouble is-without
delay. Whenever yuu feel nervous,
weak, diEzy, suffer from sleeplessucss,
or have pains in the back or difficulty
IN passing ~urtne-wake up at once NouF
kiGueys need help. These are signs to
warn you that our Kidneys are not
performing their functions properly.
They are only halt doing their WORK and
are allowing impurities to accumulate
ard be converted into uric acid and
other p~oisens, which are causing yoit
distress aud win destroy YOU unless they
sIe driven from Aour SSstem-
The news scimitar. (Memphis, Tenn.) 1907-1926, 1918-12-04
LUMBER COMPANY WILL
BEGIN BUSINESS JAN. !

The Cherokee Lumber company will
make application in a few days for a
charter to engage in the wholesale
handling Of hardwood lumber. 1t will
be capitalized at sac, 900, and has al
ready perfected organization by the
election OF the following officers:
w. l.. Crenshaw, formerly of the
Crenshaw-Gary Lumber company,
president; p. Il. Trippett, more recent
~ in business for himself, but for some
years with Taylor & Crate. Buffalo,
in the Memphis territory, vice-presi-
dent and general manager; ]. r, Jones,
Of the Johnston-Tustin Lumber COM
pany, secretary, and c. l.. Wheeler, j..
w. Wheeler & Co. and Pritchard q
Wheeler Lumber company, treasurer.
The company plans to open for busl-
ness Jan. /, 1919.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1918-12-04

between Lille and Brussels will be
opened on Dec. I and the reopening of
other lines will soon follow. The relief
commissions trains will have prece-
dence over other traffic, after military
trains.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1918-12-04
Plan Is Success.

"rhls wartime experiment has been
SO successful" he commented, that 1t
Is hoped war savings certificates will
become Il continuing feature OF the ma
TONS financing even after the r%estora-
tlOU OF peace
The report explained at length that
a feature Of the trcasury's policy in
distributing the SS,1Il, OO0, 900 credits to
Every evening, Wilmington daily commercial., 1918-08-21
PRESS COMMENT.
LAST OF THE OLD GUARD.

Born in Canada, the late Senator Cal
linger was none the less q typical New
Englander of the older school. He was
a hard-worklng country physician
known throughout New Hampshire, how
ever, by his connection with the State
militia and his writings in newspapers
and periodicals he first entered
politics by way of an election to the Legis-
lature. From that moment his progress
to the United States Senate through the
State Senate and the House of Repre-
sentatives was assured by his talents. IL
would be an exaggeration to call Doctor
Gallinger n statesman in the larger sense /;
he never measured up To the standard
of Hoar, for example, to name only one
of his New England colleagues. The in
tensity of his partisanship sometimes led
hun To take narrow views. But he was
an able and useful advocate of any cause
he championed and his service to his
State and country was as honorable as II
was long extended
None of the famous men who were
members of the Senate when Doctor Gal
linger entered that body is left Mr.. Lodge
is now the senior in service on the Repub-
lIcan side, but he belongs to n younger
generation. 1t was long the custom of
We" ihiRihhu to Keep III oiiice 'ile iHth
who have served her we'll and both
Doctor Gailinger and MIR. Lodge illus
trate it, Morrill,. Platt, Frye, Hale, Hoar,
Hawlcy and Aldrich became figures Of
national importance, not merely by their
ability, but by their long experience
Whether the general level of ability is
as high IN the upper house as II was once
is a question that need not be discussed
But it may be said that when Doctor
Gallinger, in the earlier years Of his
service, had such colleagues MS the men
already named. as Allison, Cullom. Sher-
man. Carlisle, Vest, Gray. Teller and
manv Others who will not soon be for
gotten. he was member of legisa-
tive body which was not exceeded in
ability by any in the world Philadelphia
Ledger
Every evening, Wilmington daily commercial., 1918-08-21
Sc nate and New Draft Law

Last week the absence Of several ~ena-
tors caused i postponement OF final con-
sideration of the new Draft BILL which
establishes the draft age at from 10 -
wears. Il is hoped the Senate viii have a
lull attendance, this week, % that action
on this Important measure Will not be
DELAYED much longer.
/ Il has apparent that our country must
finish the war by an overwhelming defeat
of Germany. and we are the onl country
that do it. We alone, of all the fighting
nations, have the reserve man power
We now have probably 100000 fighting
men in France, but it is desired TO increase
this number TO more than FIVE millions
within year.
We have the men, We are preparing the
ships, and we have all the resources
essential TO creating such large fighting
army. And when we have it on the battle
field, We will have a great preponderating
influence Germany Will not be able to
stand UP before the mighty army that our
country will have in France before another
year, to say nothing Of the armies Of
our Allies
The sooner this war comes TO an end,
the better il viii be for all the world But
,here Is only one rightful end that can be
attained the absolute defeat of Germany.
That accomplished. the peace Of the world
will be reasonably assured for long time
10 come
ii is fortunate We are in the war We
have no selfish purpose TO serve. but are
fighting for humanity and democracy
When the nations assemble around the
table for peace conference, our position
will be the most commanding. We will
have nothing 10 ask-not foot Of ter
ritory or a dollar Of indemmty-only as
surances that will guard against war and
promote world peace hereafter And IN
making this demand we will have the in
fuence 10 secure it's favorable reception.
The world has had enough of war, and it
Will require many years to repair the
damage already inflicted by the combat
that has ravaged the soil of Europe for the
past four Years
Every evening, Wilmington daily commercial., 1918-08-21

tional questions. A timid man, half
hearted pacifigt, or foolish visionary msy
do M incaicuIable harm as the dernagogIe
or consciencelcss political trickstcr. And,
of course, no dislOyal man, and no man
of merely lukewarn loyalty, should ~
chosen, no matter what the ticket oI,
which be rln8"
II there any ouc better qualified under
the foregoing estimate than Senator Shut
bury Js there any one whO can t0kt
up his work and carry II forward with tit
came assurance II glicccss2 u there an.
one whom the people of Delaware c0ll (
send ~ the senate who would render
larger measure of service and win Tor f,
State greater bonOrs? They viii r0O.t
certainly not select in his plaec, n ihl
the grayest crisis ~ our country hi
tory, person who Is uptricd and ir~
experienced
May / not ask, then, man y man. aI1
heart 70 heart Would it not IN oor-
sistent thing, an crninentiy proper thing
and most cornTnendablc thing, for f..
people Of Delaware 10 tell willard Saul
bury, by re-elccting him % the Unifr3
States senate, that he has done well ang
that they want him ~ ~ on IN biz wr
doing? John IS Resell
Wilmington, August -, 1918.
Every evening, Wilmington daily commercial., 1918-08-21
Loyalty in l777.

An interesting old document has come
into the hands of Walter Tatnall, and vii
be Incorporated into the forthcoming
volume of the do umentary History OF
Delaware" on which, as Stale arcbivist
| he is now working. II is written on bot h
sides of foolscap sheet, which is frayed,
and torn and faded but he writing, in
| two different hands, is still leglble.
Through the legal wording and phrase
ology of this court record one can feel the
pusation OF patriotism, md sense The
| stir that it must have made in those days,
as it would in ours, to know that a neigh
| Dor is accused of reasonable acts
Baker Johnson. of Sussex County on
| Delaware, husbandman. being brought
before me. William klllen. Esq, Chief
Justice of the Delaware, this 26th day of
September, Ammo Domlni III and
charged with aiding and comforting GER
tain enemies of the same State and being
duly bv me examined touching the
premises, saith as followeth, viz.
That he and his on Samuel Johnson
and David Davis were at the Bay fish
ing some time about the tenth Of August
last past; that in the night time they were
taken bv some of the men of war 5 mcn
and carried on board the Cammilla. a
twenty gun frigatc That they kept them
all close confined between Decks till the
Comadorc arrived That they were then
discharged and permitted to come on
shore That he engaged James Eden
field and Isaac Stidham who were there
in boat and had been dealing with some
OF the other ships for Sal Rum and
MolasSesl to carry them home That
The night being dark and wet they put
Shore AT Port Penn and was there taken
hv our Militia That Jonas Edcnficld and
Isaac Stidham said in the presence f this
cxarninant that they had been on board
and purchased Salt. Rum and MolasseS,
for which they paid money TO the man Of
wars men
David Davis, of Sussex County on
Delaware. hush andman, brought before
me as above. the Day and year aforesaid
SAYS in substance the same as the above
Bransen Loff1in, Husbandman, Littleton
Lof1lin, Labourer, say in substance the
same
These testimonies are signed by the
witnesses and By William killen
A space is lef for the testimony Of
Rich d Hawk. dcserter from the list
Regiment, British Troops. but il Is blank
Bonds OF $500 to appear at Lewes at
he next Oyer and Terminer are annexed.
APPLYING 10 all FIVE Of The defendants
Every evening, Wilmington daily commercial., 1918-08-21

boilers faction to throw a corruption
fund into the Republican primaries,
in Kent and Sussex counties, has secured
the nomination for United States Senator,
not much may be said. He served a
term as State treasurer, with about the
same success that would attend an adj
minstration by any other citizen of like
calbre. In four years as Representative
in Cc2sress he made no impress upon the
history of the State or the nation. And
the same may be said as to his two years
in the United States Senate, granted to
him by the grace of j. Edward Addcks.
As candidate for high public position,
it is not to be said that he especially
appeals to the serious consideration of
the voters of Delaware
Every evening, Wilmington daily commercial., 1918-08-21
ALL YEAR WITHOUT wAIsTCOATs?

A proposal of the National Association
OF Retail ClOthlers to restrict. during
the war. men : outer garments to two
pieces, that Is, 10 eliminate the waist
coat, will be turned down decisively
sternly, by gentlemen unafraid of their
tailOrs. Two or three months in the year
the immeasurable inconvenience OF going
about without waistcoat because the
thermometer makes clamor for less clothing
is all Of that man can endure
Few men wear waIstcoat for orna-
ment; IN peace and war it is an essential
garment its utility gives it its value
Deprived Of It IN July and August, man
suffers the annoyance of carrying other
wise than in their accustomed places
watch, pencil fountain pen, eyeglass
case, cigars, matches, cigar cutter, small
change, notebook. his wife list of articles
urgently needed. the theatre tickets
bought to square himself at home be-
cause he forgot TO buy them. and vari-
Gus more or less valuable documents such
as the | . L he received after the last
jackpot was played, the broken cuff link
he means to have mended, the button
torn from his coat he intends to have re-
placed the time table Of railway on
which he will never travel
TO stow these manly essentials in
already ovcrfilled pockets Of coat and
trousers 50 adds to the toll of living in
the hottest months Of the year that some
braver spirits suffer the lesser evil of
wearing waistcoats. Some prefer to die. -
New York Sun.