davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1918-05-30
International Nickel
Profits Decline

The International Nickel Company
earned a surplus of s10,129 1858 in the
year ended March 81 last after all
charges, including $500, s36 for Fed
cral and state taxes, according to the
annual report issued to the stocghold-
ers yesterday. This compared with
s13,557,970 earned in the preceding
twelve months. After payment of pre-
ferred dividends OF s534.750 there
for the 1,673.3S4 shares Of common
stock outstanding, equal to s5.73 a
share. compared with $7.78 a share
earned the year before.
The balance sheet of the company
as of March 81 shows current assests Of
S17,638,387 and current liabilities Of
S7,630,017, leaving working capital Of
S1O,OOS,NO. Cash, including certif-
Gates of deposit, amounted to $685.
396 at the end of the fiscal period,
decrease of s3,220,615 compared with
year ago.
According to W. A. Bostwick, presi-
dent of the company, the demand for
the corporations output is such that
capacity operation of the plants is
necessary. The company's policy of
large additions to all plants in the
last three years has resulted in the
additional productive capacity required
by the Allies in the prosecution Of
the war. This policy, Mr.. Bostwick
says, has prevented a serious short
age in the supply Of nickel and the
consequent delay in the war pro-
grammes OF the various countries
which. otherwise would have resulted.
In his remarks to the stockholders
Mr.. Bostwick says in part:
"The entrance of the United States
into the war in April. 1917, took place
in the first week after the commence
ment of the company's fiscal year
covered by this report. The results
have been influenced by the taxation
legislation and other Legislative meas
ures enacted by the government and
the various governmental policies of
control adopted by it from time to
time throughout the year as its or
ganization for the prosecution of the
war has been expanded.
These measures have also affected
the supply of labor and IN consequence
its remuneration, the price of ma
teriais used and sold by the company
and to some extent the general op-
Grating conditions.
"The operation Of the company's
plants has been continuous through
out the year and at maximum capac-
ity, except as they were affected dur
ing the abnormallv severe winter by
the general congestion Of transporta-
tion facilities, difficulties in securing
fuel. other supplies, and the supply
Of labor"
Additional Financial Neaus on
Page 13.
New-York tribune., 1918-05-30
ga Active Securities :.

vanced ranged from IN to 8 points in
transcontinentals, Reading, st. Paul's
New Haven and New York Central.
Profit taking and intermittent short
offerings ensued ON publication Of the
adverse French war bulletin after mid
day, causing reactions which cancelled
the greater part Of the mornings gains
IN 'nlustrials and equipments, rails
also forfeiting much of their advan-
tage.
Further postponement Of dividend
action by the St. Paul directors occa-
stoned no surprise, it being under
stood that the company is vet to con-
summate its contract with the Federal
government.
All the Liberty issues, 31as excepted,
made new low records, the 1st As at
9a.o6. I'd 4s at 94.02 and AIS at 97.oe.
Inc general list was irregular. United
States bonds Gold issues) were un-
changed on call.
New-York tribune., 1918-05-30
(By The Associated Press)

Taking the impending holiday. with
its many possibilities regarding the
foreign situation into account, traders
proceeded warily in yesterdays stock
market. Dealings were comparatively
moderate. but more than ordinarily
diversified.
Irregularity at the outset was sue
ceeded by general strength, which in
dustrials shared in variable degree
with equipments, coppers, shippings,
oils. motors, fertilizers and numerous
miscellaneous issues. Utilities were
at ali times heavy, however, on the
suspension of the Interborough Con-
solidated dividend
Rails soon assumed prominent po-
sition, with indications of substantial
absorption among secondary issues as
we'll as high grade shares. Gross ad-
New-York tribune., 1918-05-30
FINANCIAL
FINANCIAL MANAGER AND COMPTROLLER

WELL KNOWN AND WELL ESTAB-
LISEED NEW YORK MANUFACTURING
INDUSTRY FINDS ITSELF IN NEED OF
AN EXPERIENCED AND ABLE MAN TO
MANAGE BOTH THE FINANCIAL AND
ACCOUNTING DEPARTMENTS OF ITS
BUSINESS. THE INDUSTRY IN CUES
TION Is AT PRESENT LARGELY DE-
VOTED TO EXTREMELY ESSENTIAL
WORK FOR THE COUNTRY ITS FU-
TCRE PROSPECTS ARE VERY BRIGHT.
AND 1T HAS AT 1HE HEAD OF ITS
DEPARTMENTS FINE TEAM OF
ABLE AND STRAIGHTFORWARD MEN.
THE SALARY ATTACHED TO THE VA
CANT POSITION IS FROM $500 TO
$4,000 PER YEAR, DEPENDING ON
THE MAN IF YOU KNOW THAT YOU
ARE ABLE TO FILL THIS POSITION
AND WANT TO GET INTO WORK
WHICH WILL BE OF VALUE TO YOUR
COUNTRY AND AT THE SAME TIME
PROVIDE EXCELLENT PROSPECTS FOR
AN UNLIMITED FUTURE PLEASE RE-
PLY TO r. A. BOX BIS. TRIBUNE Of
FICE
New-York tribune., 1918-05-30
Fresh PouItry-Dressed .
Turkeys.-In barrels, dry picked.
young toms, average best, 30@3lc;
young hens. average best, 32@33c;
poor, 25@28c; old toms, 30@32c.

Chickens.-Fresh, bbls, dry packed.
Philadelphia and Long Island, fancy
broilers, to lbs to pair, eOc; Phila-
delphia and Long Island, fancy broilers,
2 to 2's lbs to pair, per pair, s1.5o@
Sl.75; fowls, fresh. boxes. dry packed,
Western, 4S to 60 lbs and over to dozen,
3oc; Sc to AZ lbs, 34c; 80 to 35 lbs, 33c;
in barrels, Western, dry picked, mixed
weights, 34c; Southwestern, to 3k
lbs each, 33@33 Ac; in barrels, iced,
dry. picked prime, mixed weights, 32c;
scslded, prime, mixed weights, 31c; old
cocks, fresh, dry packed, bbls, dry
picked, No. 1, 26e; scalded, Csc; spring
ducklings. Long Island, lb, 4oc.
Squabs.-Prime, white, 6 to 10 lbs
snd over to dozen, per dozen, S275@
81; dark, per dozen, s1.5o@s2; culls,
per dozen, 75c0$l.
New-York tribune., 1918-05-30
Live Poultry

Broilers. Colored, via express, lb,
7o@}75c; White Leghorns, via express,
lb, 65@7oc: Western, mixed colors, via
freight, per lb, 70G175c; Southern, via
freight, roc; fowls, via express and
freight, 34c; old roosters, via freight,
2sc; turkeys. via freight, 2oc; ducks,
Western, via freight or express, 25c;
geese, via freight CT express, lie;
guineas, per pair. via freight, 85@s1;
live pigeons, per pair, via freight, 40
M50c.
New-York tribune., 1918-05-30
Securities at Auction

The following securities were sold at
the Exchange Salesroom of Adrian II.
Muller yesterday:
For account Of whom st may concern.
10 shares First National Bank Of Madison.
~ ...........-..........is
X 7: anases Wsst Side Bank .................l0 los
81, 400 New York Realty Owners Co. Inc.
income bends; - shares Now York Realty
1000 Federal DyestiH and Chemical Cor S'''
nTatoa 9 per cent notcs: Equitable Trust
Co. certificate Of deposit. ...........,. 20
!e share. Eastern Steel Co. common n... 50
s6lo Bells Hsrbcr Yacht Club 0 psr ces,t
fr!t mortgage Registered bonds. dae Nav.
ie}S; tntorest annually ...... x,aa
Is shares United Vino and Trading %.
New-York tribune., 1918-05-30
5 u s t e n a n c e
Cereals

Wheat.-The new wheat harvest is
approaching rapidly. Cutting will be-
gin in the next two weeks In the
Southwest and there is every prospect
of very heavy yield Favorable re-
Ports come from most every section
OF the belt and the recent rains have
assured an abundance of moisture to
carry the wheat to harvest and to
cause full plump berry. Wheat is
heading in the Ohio Valley and, if
weather conditions during harvest
time prove favorable, the yield of
winter wheat should equal the most
optimistic predictions. Advices from
the Northwest were also satisfactory
as the crop has had good growth and
the cool weather has caused deep
root Stocks in the United States
continue to decrease and during the
short period until new wheat is avail
able rigid economies will have to be
practised in the consumption of wheat
in order to keep the export move
lment up to the full quota. 1t was
said that America will import about
100000 bushels from Australia, but
in view of the tremendous stocks
there and the near approach of har-
vest here this amount will have little
bearing on conditions.
COrn.-The corn market of late has
developed the habit of opening firm
and closing weak and this occurred
on Wednesday. Further rains in the
West caused more talk of delayed
planting operations and, as longs
sold quite heavily on Tuesday, the
technical position was looked upon as
firmer. The weekly Weather and Crop
Bulletin" as we'll as "The Price Cur
rent" was not disposed to take seri-
Gus view of the delayed planting; in
fact the season was said to be we'll in
advance of last year, and optimists
could find little in the crop news to en-
courage general buying. Moreover,
cash demand for corn in practically
every market was very slow. The East
is still over-supplied, and the fact
that the country is glutted with corn
meal has removed much of the de-
mand from mills. Bradstreet's visible
supply showed decrease of $4,000
bushels, with a total of 16,632,000
bushels, compared with 5,051, 900 last
year.
Yesterdays Previous Year
coTa, ma" No. s yellow .s4.ss si.aoA Holiday
Chicago:
5s;y jsSs : 1.ssM 1.ss 1852 Hsliasy Hsliasy
Oats.-The oats market was again
dominated by the action of the May
position, and, as offers were compare
lively small, prices ruled steady most
OF the day, easing off somewhat in sym
pathy with corn. The trade was at a
loss as to what to expect in the way
o. deliveries on Friday, and the market
was governed by technical conditions
rather than by the supply and demand
situation. The cash demand was slow
and prices were heavy in consequence.
Bradstreet's visible supply increased
837 900 bushels, bringing the total to
SO ,397 900, compared with $1,000, 600 last
year.
Yesterdays Previous Year
os s:~ as xsrs white. 'so s's;1 so Holiday sss,
5s'y 5sss ::::::: :aH :sasH ~ & Hslis.y Hslis.y
Rye.--Market easier.
Yesterdays Previous Year
Cash. No. West. :. Sol ss.o2 Holiday
Flour and Meal.-Quotations were:
Yes'days Previous Year
Flour; MINI. sDs. pat !d.oo si1.oo Holiday
cornmeal. yellow. gran .s.o7Is s.o7IsHday
kiln dried
Produce Markets-Currept
New-York tribune., 1918-05-30
Commodities
Cotton report will be found on pre-.
ceding page
Metals

Persistent attempts of copper con-
sumers to place orders again failed
yesterday, as the sellers are resolved
to hold off until President Wilson an
nounces the new price for the metal
to obtain between June i and August
Is. The inquiry in the lead market,
though small, was sufficient to absorb
the. small offerings. The demand for
spelter continued light and the prices
remained unchanged.
Current prices for the principal
metals, compared with those prevailing
year ago, follow:
Current A year
price. ago.
Pig iron, Bessemer,
Pittsburgh *S36.16 S44.o5
Copper, electrolytic, lb. *.23h .33ll
Tin, lb.. b............... 1.01 .o4M
Lead, lib. . .O7Il .11aI
Spclter, East St. Louis,
= Id. ................ .o7A .o9A
Government prices,
New-York tribune., 1918-05-30
Curb Market

Note.-The Tribune aHsuues no responsi-
bilty for the accuracy or authenticity Of curb
market quotations. Transactions and prices
Wednesday were reported as follows:
New-York tribune., 1918-05-30
Kiln dried
Produce Markets-Current

Butter.-Receipts were 1871 pack
ages. Creamery, higher than extras,
per lb. 43A@44c; extras (92 score).
42&N43c; first (ss to 81 score). 40h@i
New-York tribune., 1918-05-30
Bonds

sass COG . ON = tsd s. opsn ss dn azh ds Ley Las,
s .sssh ST s. ay y S. S' ss ss ss ss s ssI ssM
40 Gan Gov 5s...... e6Ls 96Is 9olA 96Is
! &C El 6s 2-y IL. 10. 1oo5a 1oosS 1oosS 1oosS
s .do s. notes 2o.1ooa 1o1 1oo7a 1o1
"Phila E1ec 6s.. 80 80 90 80
2 'Proc & G rs 1922.1ot 1917, 1o1 TOLL.
"do Is 1923. 49,. 1918 1o1za 1914 to1zs
unlisted. tsels cents per share.
New-York tribune., 1918-05-30

Hay and Straw
Yesterday
(Per TOM A year ago
Timothy No. ], large
bales ........... .$29.o0@31oo Holiday
No. | clover mixed. 2S.o0@24oO Holiday
Rye straw. No. L.. 16.oo@ @f7.Oo Holiday
New-York tribune., 1918-05-30
Coffee, Sugar and Tea

Coffee Futures.-There was stead
ier tone in the market yesterday, which
may have reflected higher milreis
prices in Brazil. Prices opened point
higher and closed net unchanged to S
points higher, with July relatively firm,
net higher, while December ruled
around 8.46, or 2 points above Tues
davis closing figures
New-York tribune., 1918-05-30
Bid and Asked
Quotations

Closing bid and asked quotations of
all stocks on the New York Stock Ex.
change were as follows:
New-York tribune., 1918-05-30

Cottonseed Oil Futures.--No new
feature developed in the market yes
terday, and in absence of incentive
there was no business, and prices re-
mained entirely nominal.
New-York tribune., 1918-05-30
Consolidated Exchange

IUnit Of trade on this exchange. 10 sharesl
Transactions and prices yesterday for the
more active shares follow:
New-York tribune., 1918-05-30

42hc; seconds (s3 to 81 score),
S7@40c; thirds, 35@36c; creamery,
unsalted. higher than extras, 45@45hc;
extras, 44@44Ac; frsts, 41h@431hc;
seconds, 89@41c; State dairy, tubs.
finest, 42@42Mc; good to prime. 391z@
41hc; common to fair, 35Q39c;
renovated. extras. 37h M3sc; frsts,
36Q37c; lower grades, 32@34c; imit--
current make, firsts, 31@32c; seconds,
29h@30c; lower grades, 2S@29c,
packing stock, current make, No. l.,
h93oc; No. 2. 2S4@29c; lower
grades, 26@2sc.
New-York tribune., 1918-05-30

Cheese.-Receipts were 6,140 boxes.
State, whole milk, fresh, flats. specials,
colored, h., 23c; white, 23c; average
run, colored, 22hc; white. 22Ac; lower
grades, 2o@22c; twins, specials. 22hc;
average run, 22Ac; single daisies, "a
@24Ac; double daisies, 24c; Wisconsin,
whole milk, Fresh, twins, 22A022hc;
single daisies, 24c; double daisies, 24c;
young Americas, 23A 0231ac; state,
skins, fresh, fats, specials, l7@17Ac;
prime to choice, 15h h@16hc; twins and
cheddars. specials, 17@17Ac; prime to
choice, 15h@16hc; fair to good, ia
1bc; state, whole milk, held, fats. spe-
cials, colored, 25@26c; white, "a q
26c; average run, colored, 231s0241zc;
white, 23@24c; fair to good, 22@ 22Kc;
lower grades, 16@21c; twins, white,
specials, 23H @24c; average run, 23c;
Wisconsin, whole milk, held, fine to
fancy, twins, colored, 23@24hc; white,
23@,24c; single daisies, colored, 24@l
2oc; double daisies. colored, 24G25c;
white. .24024hc; state, skins, held, as
to quality, 5G19c.
Eggs.-Receipts were 26,511 cases.
Fresh gathered extras, per dozen, 37@
S73c; storage packed frsts, e41aM
36hc; regular packed extra firsts, $50
3oc; regular packed frsts, 33@34 Nc;
seconds and poorer, 28M32c; fresh
gathered dirties, No. 1, storage packed,
Z9As (G3oc;. No. /, regular packed, 285s
la291sc; No. 2 and poorer, 25@2Sc;
fresh gathered checks, good to choice,
dry, 20f02Sc; undergrades, 15@25c;
state, Pennsylvania and nearby West
ern hennory whites, fine to fancy, 41C1
42c; ordinary to prime. 3S@4oc; gath
ere, cred whites. ordinary to fine, 36440t;
S6@38c; state, Pennsylvania and near
by hennery browns, 38@40c; gathered
brown and mixed colors, 30@36c; duck
eggs, 29N45c.
New-York tribune., 1918-05-30
Orchard and Field

Orchard and Field
Yesterday. A year ago
Peas, Scotch $12.25@ 1880 Holiday
Beans, marrow choice,
100 Id ........... 13.5O@1375 Halliday
Potatoes, Son. bbl. 5000 $50 Holiday
Hpples. 6ald Dbl 1000 800 Holiday
Grapefruit. Fla, box. 2co@ 500 HOLIDAY
oranges, Fla, box. 1000 800 Holiday
New-York tribune., 1918-05-30
Yesterdays Transactions in Listed Stocks

m As quoted dollars per share
per share is based payment
gh Div
New-York tribune., 1918-05-30
Railways, Other Corporations

:" l:3;'S's: 7'$ss 'Sss. : 8 8. i 1000.
New-York tribune., 1918-05-30

Government prices.
New-York tribune., 1918-05-30
Livestock, Meats, Provisions

thnsa nf q
New-York tribune., 1918-05-30

Flour and Meal.-Quotations were:
Yes'day's Previous Year
New York: close. close. ago.
Flour, MINI. spg. pat. sl1.oo $t1.oo Holiday
Cornmeal yellow. gran. *5.o7I2 5-o7IaH'day
sv;,. s.;.E
New-York tribune., 1918-05-30

unlisted. tsells cents per share.
The Dolores star., 1918-03-15
Everyone is looking forward to the
Red Cross Benefit program, March q.
Admission IS and 25,
Arehlteets Go to Eranea.

1t Is gratifying to learn that many
architects have responded to the call
Of the signal corps Of the war depart.
ment for volunteers from the profess
sion to go to France and assist In the
construction Of aviation camps there,
says an exchange.
These men enter the national service
as first lIeutenants, as SO many men,
oers OF other American professions
have done. They will provide the gov
ernment with expert aid in the carry
Ing out Of task which promises to
rank among the most important Of the
war. The entente campaign in the air
will be vastly increased next year II
present plans hold. The number Of
machines to be put into service is ex.
pected to reach far into the thousands.
The Dolores star., 1918-03-15
RUINED CITIES OF FRANCE
Many Of Them Have Taken on q
Character Of Permaneney, So End
less Does War Seem to People.

There is new kind of city on enrth
today. strange, nightmare kind of
city that has taken on for the people
OF northern France almost character
Of permanency, so endless Is this war.
People have lived through so much
SHINE August, 1914, that they seem to
themselves to have been always at
~nr, and, looking forward, they see
nothing but long years of warfare. The
ruined cities such as Arras have be-
some part Of the natural order Of
things. and the strange life In them has
come to seem natural sort of life.
Towns like this are found by the score
where the slow pressure Of the allies
ts forcing the Prussian back, says q
war correspondent.
They nre the towns that have been
oombarGed and bombarded again.
taken and retaken. assaulted and cap-
tured. and cannonaded by those who
held them the day before. until 1t is q
marvel that one brick remains on an
'ther. They are full Of ruined houses
and shattered quarters of all degrees
II destruction, and. stranger than all,
hey have blocks and sections that BY
;orne miracle escaped.
Here Is row of houses that might
oe In the far South, 200 miles from the
battle front. The shutters are up and
the streets are deserted. as though the
people were late in rising. Here Is a
oublic square pitted with shellholes,
me side fronted by row of buildings,
whole save for broken windows, the
other bounded only by shapeless
masses of brick and stone. Here and
there slow smoke curls upward from
some gnawing fire. A hundred yards
lway there mny be stubborn family
still occupying Its old home, but no.
body puts out the fire. The civilians
are too hopeless and the soldiers are
too busy.
And here is house with the front
sliced on by a shell and the rooms still
all In order-a strange spectacle-with
beds and bureaus and chairs and tables
all in order. as though some enterpris-
ing furniture dealer had undertaken a
new and ambitious form of window
display. For the most part the noblest
buildings. the churches and public halls
ma the lowered relics of the Gothic
period are gone-they furnish too easy
mark for the rangefinder. AID ever
and again dull crash tells of another
smell carrying on the barbaruus work.
The Dolores star., 1918-03-15
Blind Belief.

Swedish Consul Gustavus Swan said,
In discussing the war:
The exposures from Buenos Aires
shor' that Germany believes alrs fair
In love and war. Germany duped my
own government no less than the Ar.
gentine government. .
Germany, 1t Is clear, believes alPs
fair In love and war as blindly az
scientists believe in facts. Hence she
goes horribly wrong, like the eminent
New England scientist wrote to Tenny-
son one day: IL :
Dear Sir: I find in a recent poem
OF yours, entitled ''The Vision Of Sin"
the following unwarranted statement: |:
Every moment dies a man and every
moment one is born" I need hardly
point out that this calculation, II cor
rect, would tend to keep the sum total
Of the worlds population in state Of
perpetual equipoise, whereas it is an
established fact that the said popuIa-
ton is constantly ON the increase. I
would, therefore, suggest that in the
next edition Of this poem the errone-
ous calculation to which refer should
be corrected ~ follows: Every mo-
ment dies man and one and a six
teenth Ia born" may add that the
exact figures are 1.167, but something
must, Of course, be conceded to the
laws Of rhythm,"
The Dolores star., 1918-03-15
AOvIE Of MODERN B00KW0RM
Any Pleasures the World Could
Offer Him.

Now behold the student coming up
the street! He is clad in rubber and
shining black. He is thin Of shank as
becomes a scholar. He says with
knowledge. He hungers for wisdom
He comes opposite the book shop. II
IL but coquetry that his eyes seek the
window Of the tobacconist.> His heart,
you may be sure, looks through the
buttons at his back.
At last he turns, Charles 8. Brooks
writes in Yale Review. He pauses
ON the curb. Now desire has clutched
him. He jingles his trousered shil-
lfngs. He treads the gutter. He squints
upon the rack. He lights upon a
treasure. He plucks 1t forth. He
Is unresolved whether to buy 1t or to
spend the extra shilling on his dinner.
Now all you cooks together. to save
your business rattle your pans to rouse
him! II within these ancient build
ings there are onions ready peeled
quick throw them in the skillet that
the Whit may come beneath his nose
Chance trembles and casts its vote
eenie meenie-down goes the shilling
--he has bought the book. Tonight he
will spread it beneath his candle. Feet
may beat a snare Of pleasure on the
pavement, glad cries may pipe across
the darkness, q fiddle may scratch its
invitation-all the rumbling notes Of
midnight trafac will tap in vain their
summons upon his window.
The Dolores star., 1918-03-15

much room to run around in. We bad
plenty Of water and lots Of chow all
The time and eanteen where you could
buy almost everything you needed.
The crew were fine fellows to mix
with bat HI for stealing. Would
steal your clothes and money from
under your bead. didn't lose any -
! have . money belt, but lots Of them
did.
We eoaled ship once which took N
fourteen hours with one meal, but We
miss meals every time we move from
one place to another. We have boxing
and wrestling matches On the quarter
deck every Sunday afternoon. There
is plenty Of exercise for one there.
The Dolores star., 1918-03-15

Wilkerson and J. T. NcDin went al
theawsy TO Dolores and back.
The fools will never be dead, and IN
tell you the reason Why. The young
ooes. thsy grow up. ~ fast - the old
ones die. t....
Our Daniel Boone boys are busy get
ting muskrats these days.
Mrs- Hickman spent the day with
Mrs. Jane Rees Monday. Mrs. Rees
10 camping in the house they lived in
last year patiently waiting for Zoram
and the car of furniture.
Mr.. McDill brought home load Of
coal from the new mine at the foot Of
Roatcap hill in Simon's canon. last
Monday. 1t is good coal and we hope
the mine will continue at work.
Tom Bennett and Taylor Wilkerson
went to Cortez Saturday to hear the
Pest Inspector tell about prairie dogs.
They begun to wage war on the dogs
just as soon as they got home. As we
understand it, if any farmer neglects
his dogs the Inspector will attend to
them and charge it up to said farmer.
Better get busy boys. you can care for
your own dogs cheaper than he can.
Floyd WINFIELD started with his
household goods for his homestead near
Dove Creek. last Thursday. But he
didn't get any farther than Winbourn's
at Lewis, the mud became deeper and
deeper the farther he went until
he gave it up and left the wagon on
the road and came back to wait for
better weather. Floyd says DRY
Land Country" does not fit.
Martin Silbo left Montezuma for
Pennington. He intended to buy q
ranch here but when the bond holders
beat US in the courts he decided to
move on. So have the bondholders
chased away another taxpayer. Or
dinary horse sense would tell the bond
holders to get new people to settle in
here and pay their taxes. But they
can't see it.