davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1918-02-09
Bill to Stabilize
u. S. Bond Values
House Gets Measure to Pro.
tect Securities Against
Manipulation

WASHINGTON, Feb. S.-A bill to
provide against depreciation in market
prices of United States bonds, or other
securities by artificial causes, was in
troduced to-day by Representative
Hull, of Tennessee, and referred to the
Ways and Means Committee.
1t proposes to set aside 60,000,000 as
a fund from which, whenever the mar
ket prices for the Liberty Bonds fall
below the issue price, the Secretary of
the Treasury may buy them TO stabil-
ize the market.
In an explanatory statement. Repre-
sentative Hull, who was active in franz
ing the revenue laws, pointed out that
in point of safety, and fair return on
the investment, there is not more de-
sirable instrument anywhere to-day
than the Liberty As, including those
into which the Sl2 per cent bonds
have been converted
"It is we'll understood,' said Mr..
Hull, "that these sales were principally
made by subscribers who purchased
more than they could carry, and found
it advisable and necessary to unload
portion at discount rather than to
undertake to retain them.
at is obvious that the true capital
values of this entire amount of bonds
should not be determined or measured
by the results of the practically forced
sales at a discount of only a very small
percentage of these bonds outstand-
ing"
Both England and France have had
in operation for some time provisions
similar TO Mr. Hull's plan
New-York tribune., 1918-02-09
Railroad Control
Fight to Begin in
Congress Monday
House and Senate Commit.
teemen to File More
Minority Reports

WASHINGTON, Feb. 8.-Considera-
tion of the Administration railroad bill
will begin in both houses of Congress
early next week. The House Interstate
Commerce Committee to-day ordered
the measure reported to the House,
while the Senate committee reported
Its draft yesterday. Both chairmen
plan to call the bill up Monday, though
debate may not begin in either House
before Tuesday,
The drafts of the measure differ in
two important Details That approved
by the House committee limits govern
ment control to two years after the
war ends and gives the President final
authority in fixing rates. The Senate
committee draft provides for termina-
tlon of government control eighteen
months after peace is declared, and
vests in the President authority to
initiate rates, subject to revision bv
the Interstate Commerce Commission.
Senator PoindeAter, Republican, YES
terday presented minority report in
tilS 'CIdle, ana OcnaLOr CummInS, an
other Republican member of the com
mlttee, plans to make one Monday.
Several Democratic members of the
House committee, including Chairman
slmms, may file minority views as to
the limitation of government control.
TO support the Administration view
that there should be no arbitrary linn
itatlon of time for government opera
ton.
Among changes made in the bill to-
day before the House committee or
dered it reported was the elimination
OF an amendment directing that until
otherwise ordered by the President
the operating revenues may be received
and expended by the carriers, but that
any net railway operating income in
excess of the standard return based on
the average income during the three
years enoing June 80, 1917, shall he
pald into the Federal Treasury and
placed with the $5OO,OOo,o0O REVOLVING
fund. +
The committee, however, approved
an amendment directing that any rail
way operating income accruing durnr
the period of Federal control in excess
OF the standard return shall remain
lhe property of the United States.
New-York tribune., 1918-02-09
Warburg Alsb Tells Sen
ators Plan Would Speed
Industries
Would Enable Banks
To Extend Credits
Scheme Calls for Authority
to Issue $4,000, 100000
in Bonds

WASHINGTON, Feb. S.-Enactment
of tho war finance corporation bill to
strengthen the country's financial and
industrial condition for the fight
against Germany was urged before the
Senate Finance Committee to-day by
Secretary McAdoo, with the support OF
W. p. G. Harding, governor, and Paul
M. Warburg, vice-g governor, Of the Fed
eral Reserve Board.
Secretary McAdoo said the legislation
not only would not cause imitation. but
would serve to prevent it. He outlined
in detail the plan, under which, with
capital Of $500,000 and authority to is
sue 4,000,OOO,OO0 in bonds to finance
essential Industries, the government
would control all security issues during
the war; He will be recalled on Mon
day, when he will be questioned by
members of the committee regarding
various provisions of the bill A SINH
lar measure already has been intro
duced in the House, and hearings on it
will open on Monday before the Ways
and Means Committee.
Would Relieve Banks
In opening his statement Secretary
McAdoo declared the proposed measure
should be regarded primarily as legisla-
tion to enable the banks-national and
state and trust companies-to continue
to furnish essential credits for indus
tries and enterprises which are neces-
sary or contributory to the prosecution
Of the war.
THE bill has been drawn" he ex-
planned, with the double purpose of re.
strlctlng unnecessary capital expendi-
lures and providing facilities for aid
ing those industries whose operations
are necessary or contributory to the
prosecution Of the war.
The bill is purely war measure,
designed to conserve the supply of la
Dor and materials for the purpose of
war and to help supply the wars tinan-
clal requirements and to give them
first claim on capital seeking invest
ment, in like manner as the wars ma
terlal requirements have been given
hrst claim on production.
Definition of "War Industries"
"By the term way industries is
meant not only those Industries turning
out the actual munitions of war, but
also those supplying any of the otheA
elements of production or distribution
IN an industrial structure designed to
meet the diversified requirements of
the war"
Mr.. Harding told the committee that.
while the bill had not been submitted
tor the boards approval, the board ia
vored the principle ana 1nat he be-
leved such Legislation necessary.
Mr.. Warburg said the Federal Re
serve Board was now, TO n oegree, ex
erclsing powers similar to those pro-
posed in the bill through voluntary ac-
ton of banks and tinanciers, but that
1t could 90 more under the legislation.
New-York tribune., 1918-02-09
Young American Bags Boche
Plane on First Flight as Gunner
Missouri Lieutenant inexperienced, Goes in French
Raiding Party by Merest Chance-German
Topples to Ground in Flames

crashed to the ground a short distance
from the German city.
The other American aviator, also a
lieutenant, was not so lucky as the Mis-
sourian, for the machine he picked out
to engage lodged away quickly and he
was unable to get in any effective
shots.
When the squadron returned the
Missouri lieutenant's hands we're swol
len to twice their normal size from the
cold. He lost his gloves during the
encounter Otherwise he is to-day just
about the happiest officer in the Ameri-
can expeditionary force. He has been
in France only a short time.
Flight Was Only by Chance
The incident shows how quickly
things may happen to a flier. The Mis-
souri, lieutenant had no thought of
making flight until just before he
actually started on one, having come to
town from a camp to see a dentist. In
the street he met the other American
lieutenant, who already had been as
signed to accompany the bombing party.
This officer, who is from Atlanta, after
announcing that he was going on a
bombing raid over Germany with the
French, asked the Missourian to come
along and see him off. The Missourian
agreed and went to the field.
The Albanian had climbed into his
machine when one of the French pilots
discovered that his observer was miss
ing. Only one suggestion was necessary
to cause the Missourian quickly to tele-
phone for and receive permission to go.
He explained his ineXperience, but the
Frenchman said that made no differ
cnce. Thus began the fight in which
he bEought down the German machine.
New-York tribune., 1918-02-09
Physician Slain
In Carolina Duel
Son Joins in Courthouse Shoot
ing-Lawyer Is Badly
Wounded

FLORENCE, S. c., Feb. S.-Dr. WILL
lam 1lderton, physician, is dead and
!, Wilburn Hicks, an attorney, lies
dangerously wounded as the. result of
a pistol duel in the hall of the County
Court House here to-day.
Both men had been felled by th..
others shot, when the physicians son.
Geddings llderton, rushed into the hall
sician died in few minutes. 1t is rot
known who fired the fatal shot.
1t is said the shooting is scoucl
to the separation of the physician and
his wife and suit for alimony filed
by the wife's attorney. Hicks.
New-York tribune., 1918-02-09
BAPTIST
BAPTIST
FIRST BAPTIST CHURCH
B'way and 10Th Street
PASTOR |. NJ. HALDEMAN, D. D.

II A. M--"THE WRETCHED CHRIS
TIAN, SHINING AND REPENTINCi EVERY
DAY! IS THIS BECAUSE THE CHRIS
TIAN HAS TWO NATURES IN HIM OP-
POSED TO EACH OTHER? WHAT is
THE SECRET or A HAPPY CHRlSTlAN
LIFE?" Can exposition of Romans 71S-25).
s p. M.--"JEsUs CHRlsT'S HARD SAY
INC;S AND OFFENSIVE CLAIMS THE
WORLD DOES NOT RECEIVE AND WILL
NOT FORGIVE! WHAT DOES CHRIST
MEAN WHEN HE SAYS: 'EXCEPT YII
EAT OF THE FLESH OF THE son OF
MAN. AND DRINK HIS BLOOD, YE HAVE
NO LIFE, IN YOU'?"
Friday Night, February 10, 5 o'clock,
The Nazarle; or, Separation from Wine
and Strong Drink.
New-York tribune., 1918-02-09
Flaw in Contract to Add
$21, 600, 600 to Expense,
Says Witness
Dredging Needed
To Float New Craft
Profits Made on Yards, but
Not Intended, Asserts
Naval Officer
[Stof Correspondence

WASHINGTON, Feb. S.-How a con-
tract for S21 100000 to construct the
Hog island shipbuilding plant con-
tanned clauses that if the cost should
be greater the company should be paid
more, without the slightest checking up
by the Emergency Fleet Corporation,
was told to the Senate Commerce Com
mittee to-day by Commander P. L.
Reed, of the navy, who was plant super
intendent at Philadelphia for the Fleet
Corporation.
He estimated that the cost for con-
structing this yard would now run to
at least S42,000,000, and members of the
committee, who'have been studying the
question, say it will not be less than
S5o,OOO,OOO.
A sidelight which particularly inter
ested the committee in Commander
Reeds testimony was that 9,00O-ton
ships were being constructed at ward
IN Bristol, Penn, by the Merchants
Shipbuilding Corporation. These ships.
he said, would draw about twenty feet
OF water. The channel in the Delaware
River at this point is seventeen feet
deep, and the nearest deep water is
that at Philadelphia, twenty five miles
down the river. He testified that con-
siderable dredging probably would be
necessary.
Interested in Subletting
The committee manifested livelv in
terest IN the subletting of the S21.OOO.-
600 sub contract. Commander Reed
testified that the American Interna-
tonal Corporation had sublet the con-
tract for the construction of the ship
yard to the American International
shlpbulldlng Corporation. This was
dummy" company.
"My understanding had been" Com
mander Reed testified, chat there
should be no profit for any one in the
construction of the yard, but that the
American international should obtain
ITS proht from the construction of the
ships themselves"
Commander Reed brought out that
the american International Shipbuild-
ing Corporation, after receiving the
contract from the American Interna-
tlonai corporation, had sublet further
TO smaller contractors. The sub-con-
tractors, he said, were being paid on a
basis OF cost plus per cent
That is way of getting around
the original understanding that there
should be no profit in the construction
of the yard. is it not?' asked Senator
Vardaman
Yes" said Commander Reed.
Hog Island Well Named
A little later Senator Vardaman, on
the floor of the Senate. was asked about
another matter; he responded:
"At present L am giving my atten-
tlon to the Hog Island matter, which
is all that its name implies"
1t was regarded as probable tonight
that many of the prominent directors
for the American International Corpo-
ration might be summoned to testify
regarding the contract before the COM
mittee. They include Pierre N. du
Pont, John D. Ryan, Frank A. Wander
lip, James Stillman, William F.. Corey.
Robert Dollar, Stone and Webster, of
the firm of the same nafne. j. Ogden
Armour, Robert S. Lovett, Otto Kahn.
Joseph P. Grace and William Wood
ward
New-York tribune., 1918-02-09

tion of licenses for export and import
and will undertake the necessary super
vision of all industrial and CONNER
cial enterprises to prevent waste OF
labor, raw materials and products. The
Canadian War Mission at Washington.
Sir George f. Foster, Minister of
Trade and Commerce, will be chairman
of the board The other members will
be Frank P. Jones, Montreal; John w.
Mcconnell, Montreal; James II. Gun
day, Toronto; Charles B. Mcknight,
Toronto, and Joseph Gibbons, Toronto,
the last being labor epresentative.
Fuel Controller McGrath and H. La
porte, chairman of the War Purchasing
Commission, are ex officio members.
New-York tribune., 1918-02-09
Brokers' Estate Held
Ry Alien Custodian

All except $24,50O of the estate of
Hugo 4. Wasserman, an importer, who
committed suicide last Monday by
jumping from the eleventh floor of the
Sherman Square Hotel, will be held
until after the war by A. Mitchell
Palmer, custodian of the funds of
alien enemies.
The will of Mr.. Wasserman, filed in
the Surrogates' Court Yesterday, leaves
the residue Of his estate to brother
and two sisters living in Germany.
Their share is said TO amount to sew
eral hundred thousand dollars. Be-
quests of $500, made to four bene-
ticiaries living in this city, are not in
Guided in the custody.
New-York tribune., 1918-02-09
Packers Seek Test
On Search Warrants
Decision by Judge Lands
Also Will Effect |. w. w.
Cases

CHICAGO, Feb. s. - Federal Judge
Lands tonight took under advisement
the validity of the search warrant is
sued recently to Representatives Of the
Federal Trade Commission who seek
documentary evidence in the vault of
Henry Veeder, general counsel for
Swift & Co., to be used in the COM
missions investigation of the packing
inquiry.
The courts decision will be withheld
until next Monday, and in the mean
time arguments will be concluded on
the motion Of counsel for the Indus
trial Workers of the World, under in
dictment for sedition, who demand re-
turn of records seized by the govern
ment in the nationwide raid last Sen
tember. Judge Lands announced that
he would dispose of the |. w, w. case
before deciding the packing case The
search warrants in both cases were is
sued under the Federal espionage act,
Mr.. Veeder's vault, which agents Of
the Trade Commission allegc contains
letters and documents used in the com
mission OF certain 1elonleS, VIII re-
main in charge of deputy United States
marshals pending the courts action on
the packers plea that the warrant be
Quashed and papers already seized be
returned
Appearing before Judge Lands for
the |. w. w. tc day Attorney George
+. Van Deeveer presented virtually the
same argument as those submitted by
counsel for Mr.. Veeder. The search
warrant under which various /. w. w.
headquarters We're raided was invalid.
he contended, because the writ was is
sued without sufficient presentation of
facts and did not describe in detail
the property to be seized.
New-York tribune., 1918-02-09
Dutch Envoy en- Route Here
Will Arrive Tuesday; To Take
Up Problems
[Stdf Co,vesponde2lce1

WASHINGTON. Feb s.-Augustus
1rhllips, the new Dutch Minister to the
United states, Will arrive in Washing
ton next Tuesday, Chevalier w. L. F.
G. Van Rappard, the retiring minister.
will remain here until his successor
arrives. He will be the honor guest at
dinner at the Metropolitan Club to-
morrow night.
The new minister will take up several
matters under negotiation between
this country and Holland, the more i'm
portant of which relate to the ex-
portation of foodstuffs to the Neither
lands and the use by the United States
government cf Dutch merchant vessels
New-York tribune., 1918-02-09
last night. tears Of JOY falling dov,

last night. tears Of JOY falling do~.s
her cheeks. s""n
Il never expected to see my Ch.,,;.
again. All the card says is that NJ
we'll and unwounded at Lemberr sss
will let us know more later. But q
was in his own handwriting and ou,s
a mother can know what that meant -
me; think it was nice Of the German. -
to let him send it. "ns
II also bad telegram from the Pa
Cross telling me the same good new .
Now I shall count the days till vs.
another card from my boy" e's
Previous to enlisting Charles va.
graduated from the engineering scbaa,
of the College OF the City of New Ya,s
New-York tribune., 1918-02-09
War Prevents Charity Ball

The customary annual ball held each
year at this Hotel Astor by the direc
tors of the Home of the Daughters of
Jacob will not be given in 1918. The
war prompted Albert Kruger, superin
tendent of the home, to abandon the
affair. The directors, in order that the
204 inmates of the home will not suf-
fer, have contributed themselves the
amount of money ordinarily derived
from the ball They have given
$4,000.
New-York tribune., 1918-02-09
German Press Mixes
Russian Grand Dukes
Reports Aged Constantinovitcb' 9
Death as That of Former
Leader Nicholievitch

LONDON, Feb. s.-An Excbono.
Telegraph dispatch from Amsterdam
says that the German newspapers re-
port the death Of the former Crano
Duke Nicholas Constantinovitch, as the
death of the famous Russian mil;tarv
commander, the Grand Duke Nichoias
Nlcholl levltch and the "Nachrichten " or
dusseldorf, is quoted as saying that bc
died suddenly and under mysterious
circumstances.
This is not confirmed from Russian
sources, which last reported Nicholas
Michoiievltch as residing at Yalta, in
New-York tribune., 1918-02-09
Canada Creates
War Trade Board
it Will Cooperate With United
States Authorities to Secure
Unity of Action

OTTAWA, Ont, Feb. 8.-The govern
ment announced to-day the creation fol-
Canada of a War Trade Board to CO.
operate with the corresponding authori-
ties in the United States to secure the
most effective unity of action by the
two countries for war trade purposes
The Canadian board will have direc-
New-York tribune., 1918-02-09
School of Mothercraft
VIII Entertain To.d.,,

An entertainment arranged bv N.
School of Mothercraft, which is train
ing women for service overseas, vii, \.
given this afternoon at the Ritz-csJ
ton. The artists will be Mrs. John u
Flagler, Miss Grace Mason and Frant
Pollock. 4A
Evening star., 1918-12-04

ALEXANDER WOLF.
AttsE.sy fer Tsus1saa
Evening star., 1918-12-04

TRUSTEES SALE OF VALUABLE I'M
PROVED REAL ESTATE, CONSISTING
OF THE THREE-STORY BRICK STORES
AND APARTMENTS. SITUATE NOS.
1923. 1925 AND 1927 PENNSYLVANIA
AVENUE NORTHWEST.
BY virtue of certain deed Of trust. duly re-
corded in I1ber No. 3212, folio 459 ct seq, of
the land records of the District Of Columbia, and
at the request of the holder of the notes Sc
cured thereby, the undersigned trustees will sell
at public auction, in front of the premises on
TWELFTH DAY OF DECEMBER. 1918, AT
HALF-PAST FOUR O'CLOCK PM, the fol-
lowing described land and premises, situate in
the District Of Columbia. and designated. as
and being part of original lot numbered five.
in square numbered hundred and eighteen,
being the easfernly fifty-feet front on Pennsyl-
vania avenue by the full depth Of said lot,
running between parallel lines at right angles
to said avenue, together with the improvements
thereon.
Terms of sale: One-third of the purchase
installments. payable in one and two years
with interest a per cent per annum. payable
semi-annually from date of sale, secured by
deed of trust upon the property sold. or all
cash. at the option of the purchaser. A deposit
of five hundred dollars ($5OO) will be required
at the time of sale. All conveyancing, record
ing, revenue stamps, etc, at cost of purchaser.
Terms of sale to be complied with within if
teen days from day of sale, otherwise the trus-
tees reserve the right to resell the property
at the risk and cost of defaulting purchaser.
after five days advertisement of said resale in
some newspaper published in Washington,
d. C. WILLIAM NJ. HOFFMAN.
ALLAN E. WALKER.
Evening star., 1918-12-04
ADAM A. WEsCHLER. AUCTIONEER
Trustees Sale of Valuable
Improved Real Estate.

BY virtue of the last win and testament Of
Virginia S. Carpenter. decreased. and the de-
Columbia in Equity Cause, No. 35991. we will
sell at public auction, in front of the respec-
tive premises. the following described prop
ON THURSDAY. THE FIFTH DAY OF DE-
CEMBER, AT FOUR O'CLOCK PM, lot "A
in John Miller's subdivision OF lot SO: In
in Book So. page Z, being premises 1000 Water
street southwest, situated at the southeast
On The SAME DAY. AT FoUR-THIRTY
O'CLOCK PM. lot y in Hsnnan and CHRIS
90. as per plat recorded in the surveyors
once. in Book u. page 90. being premises ss4
On THE SANE DAY, AT FouR-FoRTY-
FIVE PM, lot 112 in North Capitol Invess-
ment Company's subdivision OF lots in SQUARE
Book Is, page 119. being premises COL Calian
street northeast.
o. FRIDAY; THE SIXTH PAY OF DEoEM, "
in square s5s. beginning Mt a point 81 fee,
west from the southeast corner of said lot on
3O-foot-wide alley and running thence west
a.ons said alley IL feet to the east line of lot
IN thence north along east line OF lot 10, 81
feet to the northeast corner OF said lot TO-
,icnce east L. feet, thence south 81 feet to the
beginning. being premises GOT Blair cours
PM, lots 80, 40. Al in the subdivision OF
lots in square 1858. as per plat in the sur
vyor's office. in Book II. page 50. being prem
ises H. Is and 10 Fitzhugh court southeast.
Terms of sale: One-third cash and balance
in two equal instalments, payable in one and
two years. bearing interest at 9 per cent per an
f3rst deed of trust property purchased. or
ali cash at purchasers option. Sale to be con-
ANIMATED within fifteen days from date Of
sale or deposit will he forfeited. and the trls-
tees reserve the right to re.dvertise and sell
the property at the defauiting purchasers
in The Evening Star. All conveyancing.
revenue stamps and examination of title to b.
paid by purchaser.
WILLIAM HERBERT SMITH.
FRANK E. SMITH.
Trustees.
Care Of GEORGE C. GERTMAN. Attorney.
4l9 5th street northwest.
nooo-d&ds. .exSu&no2S
Evening star., 1918-12-04
ADAM a. wEscHLER. AUcr1oNEEK.
no26-d&ds. .ex-Su&hol

TRUSTEES SALE OF VALUABLE UNIM-
PROVED REAL ESTATE. FACING
gEoRGIA EhGH AVENUE Nv, n y. ANR 4s PRHEn nSEn
ssa6isa Fo RoAP Tikean esSf fAkk RE ABo1P
ONE SQUARE FROM VILLA FLORA
AND ABOUT TWO SQUARES FROM
WALTER REED HOSPITAL.
Of the District Of Columbia, passed In squity
cause No. 36319. the undersigned trustees viii
sell by PTbltS aqstion. IN front Of The RseYis&es; e.
DECEMBER, AID. 191a. AT HAIF-PAsT
EoUR O'CLOCK PM., ths following dsscribed
real estate. situate in the county Of Washinf-
Butts second subdivision Of part Of q tract
Of land called Resurvey Of Peters NH seat.
beginning for the part hereby conveyed st the
sss e e Brsnes ss
road north c3 degrees E. perches and 4100
Of perch to the corner Of lot 3, theaee south
pssch thence north 81
the southeast corner Of lot one o.. thence
north Ok, degrees E. 9 perches to the place
Of BEGINNING. containing one-third Q-s} OF
an acre.
Terms: one-third cash, the balance in two
equal installments. payable IL one and two
payable semi-annually. secured By deed Of
trust on the property sold. or all cash. at the
option Of the purchaser. A deposit Of SEQ re-
ne,sr9 fees snd re1epe sssnps !;
purchasers eest. Terms Of sale to b esm-
Piled with in fifteen days from day Of sale.
ss be r.S ,ns sSs ef
defaultias SRureAassr. after nvs days' adyss-
tisement Of such resale in sens nswspapsR
published j. sAMss MMs:sh1asss0; I. sSsR 2: Z p.....
CLINTON r. .ooiSfa: isf.s:f rsussss. rssasss'
ALEXANDER WOLF. send'n So''dms'
J. AttsE.sy fr IzuslisA yaA1R DsiMiAg.
80 A&dSs sex81