davidaulloa/AmericanStories huggingface dataset:
New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-01-04

am more powerful than the COM
bined armies of the world.
am more expensive TO maintain
than all the armies since the
world began.
cause more poverty than strong
drink
ruiz. more business thar ali bank
failures combined.
cause hardship and suffering.
make the cost of living high and
Starve the women and children.
spare no one. find my victims
among the little and big.
make ships go down at sea.
cause more loss and devastation
than all the wars in history.
lurk in the unseen places and do
my work silently. You are warm
ed against me but you heed not
bring sickness, degradation, death.
destroy hopes and ruin industries.
am on railroads, in the factories,
the mines, the stores, the ware
houses, the markets and the
homes.
have two brothers, WASTE and
CARELESSNESS, but they do
nothing except under my direc-
ton and leadership.
am king of all destruction.
am
INEFFICIENCYi
-Letson Ballet, in Cosmos Magazine
New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-01-04
GERMANY STOPS LAUGHING
HANDWRITING is TOO PLAIN

Germany affected to laugh as one
by one the neutral states, which are
not great military Powers, fell off
from her in horror of her crimes.
She laughs no more. 1t is not. in
deed. the moral condemnation of so
many peoples which disturbs her
scared and hardened conscience. At
that she can still scott But she is
finding that the raw materials for
her industries in war and in peace
together with no small share Of her
food-suppl;es are under the control
of those who are her declared enc
mics or who refuse to continue dip
lomatic relations with her. She is
beginning to perceive what this may
mean for her.-London Times.
New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-01-04
GOVERNMENT WILL USE
e5,00O.000 POUNDS PAPER
NEXT YEARS PRINTING

SiNty-five million pounds of paper
will be required for Government
printing in the year beginning March
I, 1918. according to estimates sub
m'tted bv the Public Printer today
to the Joint Committee on Print
ing This estimate is about 90 per
cent OF the quantity of paper which
the Government Printing Office
will use during the present year. the
extraordinary demands for printing
due to the war having already neces-
stated an expenditure of S22000
for the first five months of this
fiscal year 1t is expected. there
fore that the total amount of paper
which the Public Printer will have
to buy for the present fiscal year
will exceed 1OoO'0oO0 pounds, cost
ing about 100000.
Increase Is Gigantic
Some idea of the vast increase in
Government printing due to the war
may be had from the fact that in
normal wears the Public Printer has
required only about 100000 pounds
f all classes of paper. while for
the coming year his estimate for book
paper alone exceeds this total. The
War DEPARTMENT itself has estimate
ed .h,t it will require 5000 mo the
coming year for printing. which is
ten times the amount it ordinarily
exDends for that rurpose in peace
times.-Official Bulletin.
New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-01-04

competency, relevancy or sufficiency,
and as to the competency of witness
ses and their examination, must be
made in the trial court. They can
not be raised for the first time on
appeal.
-. Whether sheriff is justified
warrant, one who has been confined
in jail and has broken therefrom,
does not depend upon whether the
Imprisonment was legal, but on
whether the officer has reasonable
cause to suspect. the commission of
a felony.
IS. Where several persons are
jointly indicted, they cannot claim
separate trials as matter of right ;
this is a matter of sound discre-
ton, to be exercised by the court with
all due regard and tenderness to pri-
soners, according to the known hu
manity of our criminal Jurisprudence
and an order refusing such trial
will not be reviewed.
Trial Court Has Discretion
''6. The granting or denying of a
motion for continuance is within the
discretion of the trial court and un-
less such discretion has been abused
to tn einjury of the defendant the
denial of such motion will not con-
stitutc error.
81. There was no error in the court
having allowed the jury to separate,
before the case was submitted to
them, in the absence of showing
k1aN Cd III , II
thereby.
g. No error can be predicated up
nation is a matter which rests in the
sound discretion of the court, and
unless there is manifest abuse of
such discretion an appellate court
will not reverse the ruling OF the
trial court.
Instructions Without Error
9. No error can be predicated up
on the refusal of the trial court to
give an instruction when the in
structions given by the court on its
own motion fully and completely
covered everything contained in the
refused instruction. 8
40. Where upon ial OF murder
the court in an iksti ction used the
word may" thfgMas no rever-
s;ble error, as thesHfne may be in
.tesshangeably useds with shall" or
al. Held, that a fugitive from
Justice is not Nperson travelling
ting ii HT traveller I # carr carry arm arms" p m
Opinion by Chief Justice Hanna,
Justice Rohfrts concurring, Justice
Parker absent and not participating.
New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-01-04
SOLDIER AT CAMP
FUNSTON TELLS A
LITTLE OF ARMY LIFE
New Mexico State Record.
Santa Ee Ne,u Mexico

Santa Fe. New Mexico.
Will drop you a few lines to let
you know how much | appreciat I'd
the Christmas presents that came
through you from Mrs. Staplin. and
for which I wish to thank her very
much. Both are in daily use and
sure wish her luck and success and
to let her know how much such
friends are appreciated by soldier.
The weather for the past month
has been cold and at times below
zero. 1t would not be so bad if we
were we'll clothed. Most of our
regiment came from the sunny south
where it does not get so cold.
Our close order drills are about
over. Part of our drilling consists
OF riding horses at different gaits
and in different WAYS and in groom
ing. feeding and taking care of them.
OF course army life is more strict
Il an civil life but will not hurt any
young man from IS years up. 1t
certainly develops all muscles which
civil life never touches.
They are now picking out all
mechanics. truck drivers, and rail-
road men and transferring them TO
the Engineers corps and Aviation
sections.
II is almost time for taps-10: 30
when every one must be in bed. so
must close-wishing you a prosperous
New Year.
Corp. A. ]. Pu,ner.
New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-01-04
WILSON IN CONTEMPT
OF SENATE ALLEGED
BY SEN. HARDW1CK

Washington. Jan. 4-Senator Hard
wick. Democrat declared in the sem
ate TODAY that President Wilson's ac-
ton in holding over his cabinet from
his first term without submitting
nominations was a "contemptuous
disregard" of senatorial courtesy. He
introduced a resolution calling upon
the president to inform the senate
by what warrants Of law or authori-
tv" the present cabinet officers hold
their offices.
The resolution went over without
action. Senator Hardwik promised
to make q speech on il later.
New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-01-04

put into practice every day, as the
news dispatches prove. And with
many Ade's nonsense will be more
efficacious than the indictments of
less humorously inclined writers. But
he overlooks the one great COM
mandment of Kultur, which is the
keynote OF the whole campaign of
world conquest. and that is: DO
others first and explain afterward"
This is the first, the last and the
main OF all their other diaboic in
versions Of truth and dacency.--Las
Vegas Optic.
New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-01-04
OKLAHOMA CITY WILL
OFFICIALLY SUPPORT THE
FOOD ADMINISTRATION

Oklahoma City, Okla, Dec. %
Mayor Overholzer today attached his
signature to an ordinance passed un-
animously by the city commission
prescribing that it is a seditious act
for any person. firm or corporation
to violate the authorized rules of the
national food administration as re-
CARDS the serving or consuming OF
meat on Tuesdays or wheat bread on
Wednesdays.
The only exception provides that
invalids may eat meat on all days
providing such action is prescribed
by a physician.
New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-01-04
JOHN SHARP WILLIAMS TOO
GREAT A STATESMAN FOR
DEMOCRATIC PREFERMENT

Washington, Jan. 2.-It is an un-
fortunate circumstance that when
the Democrats have control of the
Senate. and. by virtue of that con-
troll, Southern senators hold the
most important chairmanships, one
of the ablest of Southern Senators,
John Sharp Williams. has no better
craftsmanship than that on the Ii
brary. 1t is one of the incidents of
Democratic control. That Williams
is a man of broad mind and fore
sight was demonstrated in the re-
cent debate over the bill to authorize
government purchase of farm loan
bonds to the amount of S200000,000
Senator Weeks had Offered an
amendment. which was generally ap-
proved, limiting future farm loans
to those loans which will increase
farm products. until such time as the
bonds purchased by the government
have been redeemed.
Above "Pork- -BarrelinR"
Ordinarily, farm products are food
products. but cotton is an important
exception. Williams. who comes from
the cotton producing state of Mis-
sissippi. asked that the loans be
limited to borrowers who would in
crease food products. thus elimin-
atine new loans to cotton growers
until the farm loan barks are again
on their feet. Weeks readily accent
ed the change in language. Will
liams is far sighted enough to realize
that although cotton growers are
now reaping huge profits bad results
would follow from government loans
which encouraged growers to 60
more heavily into that crop with
corresponding neglect Of food crops
The Weeks amendment. with the
further change suggested BY Will
liams. was in the bill when il pas
sed the Senate.
New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-01-04

Much time is required, as q
general thing, to inform all tho
people of a great nation as
to the working of any law.
When a nation is at war, and the
very life of the country in
grave peril. it becomes neces-
sary to put a law into effect
and enforce its provisions with
out devoting SO much time to
educating the public.
The income tax law, draft
ed and passed % provide funds
for preparing for, and prosecut-
ing, the war, is a case in point.
The money is needed now, and
it was the intention of the Unit
ed Sta es Congress to have
every ono pay.
Any unmarried man earning
$1,000 or more a year; any mar
ried man earning $1,000 a year
or more, must pay the income
tax. Income is income, within
the meaning of this law, wheth-
er it be derived fron, tho labor
of laying brick; writing stories;
keeping books; digging coal;
or from the sale of sheep, wool
or cattle; or from the clipping
of coupons or collecting of in
terest through other channels.
The law lays upon the indi-
vidual the necessity Of making
returns. To say that no blanks
were provided by the govern
ment will not serve as a valid
excuse. Government agents are
doing their utmost to handle
the situation, but governmnt A.
gents do not have the name
and address of every citizen
of the United States.
There arc heavy penalties
provided for every failure
to mako returns-and ac.>
curate returns. With tho
sentiment of the people un-
animous for prosecuting, and
winning, this war, il behooves
every one to comply with the
law. The man is reckoning
without his host when he hopes
that he federal courts will deal
leniently with him for his fail
ure.
The War News calls upon
every citizen of New Mexico to
do his full duty, and to do it
promptly, in the matter Of max
ing returns. IF tho newspapers
of the state will assist in put
ing the matter before the pub
lie, the service will be greatly
valued.
New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-01-04
1000 CANADIAN SOLDIERS
RECEIVE WAR DECORATIONS

Ottawa. Dec. N.-London Dispatch
es to the Reuter- Agency here to-
day said 1000 decorations had been
conferred during the war on menu
bers of the Canadian expeditionary
force for valor in the field and for
outstanding war service. Seven Of
ficers and II men have gained the
coveted Victoria Cross.
New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-01-04
LIEUT.. SPALD|NG
TOO OFRIENDLy With
ENEMY ALIEN WOMAN
OFFICER ARRESTED WITH
BARONESS ZOLLNER RE-
PORTED IN ERROR TO BIZ
NEW MEXICAN; HAILED
FROM COLORADO INSTEAD

Lieutenant T. w. SpaIdinp of the
Sixth Infantry, United States Army,
under arrest Tor ms relations with
baroness Iona Wilhelma sutton Zol..
uneF, DeheVed TO De an operative OF
me German secret service IS report
20 III the press dlSpatches as from
New Mexico: or as having been ap..
pointed 10 the United states Naval
Hcaac'I'y at Ahhapoils' from NE"
Mexico
Statements Are Conflicting
There is a decided lack of apree-
ment between the several stories
which have gotten into nrint The
writer has examined those bv the
Associated Press. the New York
Tribune" and the Chicago Tribune"
No two of these are in agreement
as to details. The Associated Press
said that Spalding. a student at An
napolis, was droDped for failure 70
pav his bills. The Chicago "Trib-
une" said he was asked to resign on
account OF misconduct. The New
YORK tribune" sad: Lieutenant
Spaulding has good record. Tie
the army
NJ, A N.. m.u:.
ri. C,:. u'r
~. ine Nn,eaSo irlpune' quoting
D!s.tiIt aG,, A.torhey henheriv said:
opa'u'n8 was student at the Naya'
hcadeiHy at Ahhapohs ior two and
nan Years out vas asked TO resign
conduct. This was done dcsn;te the
'ac' '''at ms Grass was graduated one
year carrier because OF the urgent
heed ior naval otticerrs' his home
was IN New Mexico: but instead OF
gong mere ne renamed around An
hapolls' ana q went 10 rooming mouse
IN wnich baroness Loliner lived.
opaiuiig was appointed 70 the
NaVal academy from New Mexico
nut ne was resident OF Colorado.
nor OF new Mexico. lie came into
New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-01-04
CHILDREN ARE HELPING
TO FINANCE THE WAR

New York. Dec. y.-Sehool chill
dren in the city have thus far in
vested $4l 2o2 in war savings stamps
the director of the campaign an
nounced today.
New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-01-04
GEO. AIDES KEEN WIT
PRODUCES SATIRE ON
THE METHODS OF BOCHE

George AIDE has come to the sup
port of the committee on national
d.fense and has issued a sort of
primer for those who run and read,
setting out Kultur and the ethics of
the kaiser as the celebrated author
of Fables in Slang" sees them. With
all their humor they are true to
type Is wit can make them:
Dishonesty is the best policy.
Blessed are the childmurderers,
for they shall inherit the earth.
n sure you are right handy with
firearms. then go ahead.
An evil reputation is better than
riches.
Truth crushed to earth will not
rise again if the crushing is done in
a superior and efficient mSnner.
Thrice ARMED is he who goes around
picking quarrels.
Might makes right.
He'll on earth and hatred for all
men.
Role Of Disreputabls
Do unto others as you suspect that
they might do unto you IL they ever
get to be as disreputable as you
are.
God helps the man that helps him
self to his neighbor's house and his
fields and his unprotected women.
These apt apothegms Of Kultur are
New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-01-04

The German idea of an armistice
Is that the other fellow stops fight.
inA-New York World
New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-01-04

Why not . synthetic substitute for
Kaisers ?-Wan Street Journal.
New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-01-04

Corp. A. ]. Puiner.
Camp Funston. Dec. 90
Turner County herald. (Hurley, Dakota [S.D.]) 1883-19??, 1918-06-27
t.sa tl uanaH snWNrn AssY

,3. s,sss fxsxs Il ks IL ~ sssss siss5Sfs
ss,se ,s I. sss n a sss' Ass
@ssss'.s q fs's sseaasss n q ~ y. y z,
IS s7 ss. 'ss { is.a saz IS IS 80
vs. ss3 sss 8. 5''5sss IS ss'ss
M S 3 go = d sss.
81 q $50 sssss s':s,s.ss ssss AsssA sNa
go s. = s'sfa Sass " sss'
.es.s 49, s.s ess as Asa fNsss
NJ .ss II. I sFss''2sa A71s 's''ss
M ~ 81 Is ssssss 81 sss - i
sFs, sss sssf { s sssss.s ss7s
ss.'sssss. - asSss Z W. tss go
ssss ss 4 sas e ~ 1ssN
ss''ss sss % sss ssssss Z
ss..a .s.ssss 81. ~ w = sss
ssssss sssss ~ sss 500 ss8ss e
4 sss sssstt Atsss Sfass 81 Il sSs ss
4, 60 q Is & IAsssss s
20 A asse s1s sasa sss as'isas
IA 4 sss asss B EAsss
ss ssasa 81 sssi' NJ 4s Il =
sEss ssas & - ssss ~ As's4 ssf
y 7 W. sss,
j as y ss'ssi sss ssAss
sssss sss 90 asss'f ss's ssss saa stF Y
ess '.s 81 .s''. sss s'ssss ~ assas ss
W. a sPsssss sssils - q EVE ssss,fs
81 J sF s. s1 'sssas sssa sfss
s.a 81 - ssss' sgs II "
sss 8 ss's ~ y asse
ssss s's's s.sss' s.ssa' y u !, s.
@srs s sssss d @ sss M 3 g
q az sisss fssaa 'Is 81
Turner County herald. (Hurley, Dakota [S.D.]) 1883-19??, 1918-06-27

sslsgas s s All tsss sss sss4 ~
NJ ssss s sss
. ~ ssasSS 4ss Il & 80
as ;ssAs aa ~ ssss @sss# ssssa..s
1888 ia Is,
sssss IN sssssss Ass.ss
Ssss va sg II
s.ss ssg ssr Z
'ssss sSss9 NV III ssss
ssss Il gs8sss
I'M n sssssasis III b
ssf ssE9s ~ siss H4sss
sis ~ as.g ~ tx go
Turner County herald. (Hurley, Dakota [S.D.]) 1883-19??, 1918-06-27
81
NJ III &


ss'ss u sssss
ss ss4 s sssss
Sssssfss
sssss
sssse
ssss sissEss ~
sss BIZ sas sssle: III ~ M
~ fass 8
sss - asss hssss sSs iii
/ = ~ 'sssss sss ~ sas
II. ssss tsss
81 q is
ss'Es sI
slss
sslsssss: sss p ssse
ss4s ~ ssr ma sIss
sAas ssFss sSss III
fsesS
saeaS sssse 81
ssssss ssf fssssa ssf sss
1900 ssss sssIss .'ss I. ssa
Turner County herald. (Hurley, Dakota [S.D.]) 1883-19??, 1918-06-27

EEssssass ss Kes sat iSs4s asss ss.s IA Ia
sa ssasE sss sss,s.
! sssss ~ ass
sBt Af ssaa ssas Fst 4ssss E sksss 4. .s
sssssy sase egssslsp ssAse III sssEs ass5s.v,
sna slssrsaf fssas, ssse Il, ssssa Il
j ssaass 81 tts ssssS
sssssFsg q ss4.s ssss}s ii svess GU
Kaf Fassfasssss sss hi Ann sf
Turner County herald. (Hurley, Dakota [S.D.]) 1883-19??, 1918-06-27


8 ~ I q - :. - : - - 8 IS a.aE
ssAs
Ess -.
ssa 8 s
s4ssssss ss sss 81 8 D asssssss 80 D
ssss EA. 9ss@ . sss ss gss sszsH - 81 81 - s.
50 ssAss @szN y agssA - ~. sss M
s sssss & - 81 81
q - - -. ' i &C. = 4 60 ! -. -.
~ asslss sssssss SsssssA
-. $50 ]. 8, ss Il 4 - ss - q -
- - - - & ss ss. sss i. 8. 8 - 81 -
W 80 -
s. s.s - sgs.ssA 49,
ssss.a 60 Is ss n q - o. 80 j - ! q 80 ~
- s1s ssssss ~
49, G 3 3 s. as - go
4 : = - . : : - 4. J g d q g
ss.as q 6ssg skaa 4 asssa
MmmA
NANss NsasSA@
sssssss ~ & ssss Assssss 81 MI Nh
a#gs A ya sSsk.4
ssaa Rs&N as Ns8kNs NsWssS8zsg
fAgsAAs asasAs aassN NsewN 81 Ks2M aN
&gk
Nssk ss#sF &s sAs sssaasAs @assass
ss8 sses ssasss @ssmss
s.s sss @A xssya
sgs8&@eas Nass@e
~
A 8AssN @A n 8~saAs sss4sss Esd Il Ssk@Eas
A Nssss gsaSs8a aax4s9
fsssa#
1A & ak aSAASEs MK8ass8T
g8@ess S aNs FKsss fg f
MsssEgt IA Ts sAga sx Nsgssss Sg
aRs@sNsas9s IM HSNRasRH xNEssSsS assEgSs
y
MHssasA s 1g EFagsMAA a
RsNssNs sass sfssHss s@ga N#sssah
@saAA@ ~
NsAssh sGs%FS gNsssafsskesesgs sN Asss Sxsg
SARNx& sHsaAssss saas1as NAssga
Assssss vi II sTaaNaAN IS gA Nk1gss xa.s.@s&a
IMssAFF ssa4s
Turner County herald. (Hurley, Dakota [S.D.]) 1883-19??, 1918-06-27

Three in5Frus'esl and t,es nssssss-
provas Faux csAansy ssrs.ss for ss,aa
] ~ how price. Very hess land. on
of them haIs section sssiiliss east
of Fauikton. othars afe quarter 500
tiops n Western Faulk coupty san
Arrange to give possession this sprine
Il sold Aoon. Easy teffna. F.or iii
fNr Nrisintion write 0s cal 0is' Asl ii
Eaten, sal lst0a III es,lse s.
Turner County herald. (Hurley, Dakota [S.D.]) 1883-19??, 1918-06-27
TURNER COUNTY ffgRAID
i. ass KggIAss. g assfsg

sasseTsptlaa ssset's' i seas ia sas aaes'
III sssss asya
Turner County herald. (Hurley, Dakota [S.D.]) 1883-19??, 1918-06-27

saaFss semAase suaess I'D iss s4sss
aat YMsr gssssssesa ss s#s
New-York tribune., 1918-10-25
Commodities
/ n d u s tri
Cotton

The cotton market was nervous and
irregular yesterday, with business con-
sisting largely of the evening up com
mitments. At the same time there was
rather steadier undertone, accounted
1or chiefly by the smaller volume of
Southern selling. After an early ad-
vance prices broke rather sharply, max
ing new low ground for the movement,
but steadied again, with the market
closing steady at q net advance of to
20 points. After selling at 1886 early
1896. -
The opening was steady at a decline
OF points to an advance of points,
but overnight selling orders were soon
absorbed. with the market working
higher on covering. This was pro-
NOTED by the failure of the Southern
selling. which had been q prom nent
factor on Wednesdays late break, to
show itself at the opening and the talk
OF firmer technical position. At net
advance of 28 to 80 points, the more
supplied, and the market met increased
offerings from Liverpool and local
sources. belief that the talked of
cold snap in the Southwest would pass
without killing frost and expectations
OF bearish ginning figures from the
census Bureau at the opening to-day
served to encourage the selling. But
there was no increase in offerings from
the South, and after showing net losses
OF to 13 points the market steadied
on covering. with fluctuations irregu-
lar.
1t is expected that the census re-
port due at the opening this morning
VIII show in the neighborhood of y,
ooO,o00 bales ginned prior to October
49, compared with 5,573,606 last year
and 7,303,l83 two years ago.
The range Of prices follows:
New-York tribune., 1918-10-25
Tobacco Corporation
Unafraid, Says Whelan
Officers Welcome Federal
Trade Board Inquiry,
President States

Learning from newspaper reports
yesterday that the Federal Trade Com
mission had filed formal complaint
against the Tobacco Products Corpora
ton, George ]. Whelan, president Of
the corporation, said:
"The various officials mentioned in
the newspaper reports have at all times
intended to comply, and believe they
have complied, with the provisions of
the Clayton law and all other Federal
statutes governing the conduct of cor
porations, and they have also always
been willing to open, and have opened,
their books freely to the Federal Of
ficials, and have concealed nothing
from them.
This corporation, in all its dealings
with jobbers and retailers in the trade
has aimed at all times to deal fairly
and without the slightest discrimina-
tion. and instead Of attempting to
stife competition it has always well
coined it, believing that fair competi-
tlon is the life Of trade.
"The officers Of the corporation, I am
sure, will gladly appear before the Fed
eral Trade Commission on December Z
and confer with the members of the
commission in order that any misun-
derstandings or Misrepresentation
which may exist between them may be
cleared up"
New-York tribune., 1918-10-25
Tobacco Notes Offered
$25, 100000 Brought Out on
ITO Ia Per Cent Basis

Plans we're completed yesterday by
the Guaranty Trust Company and Kid
der. Peabody & Co. for Offering to-day
an issue Of s25,oOo,oo0 serial Z per
cent notes Of the American Tobacco
Company at prices to yield from to
~ per cent. Of the total amount
S0.00O,O00 will mature November l.
1919: $3,333,0 900 November |, 1920; So
$4,000 November l, 1920, and s3.334.-
600 November /, 1922
The purpose of the new note OFFERING
Is to provide funds to pay off a S25,-
o00,OOO acceptance credit arranged by
the company with the same bankers q
year ago which will mature on Novem-
ber %.
IT was announced that the quick as
sets OF the company exceed $85 1000, 600
and, upon completion Of the present
financing, will be equal to more than
~ times the aggregate amount Of the
new notes and all other liabilities
Earnings in 1917, after deduction of
pond interest, it was said, were equal
10 more than ia times the maximum
ANNUAL interest charge on the notes.
Sales for the nine months to Oc-
tober !, 1918, as compared with the
nlne months to October l, 1917" said
Perclval Hill, president of the com
pany; IN letter to the bankers. "shoy,
substantial increase in. both volume
and value. We estimate that our earn
iings Tor the year 1918 will substant-
tally exceed the 1917 figures after what
we deem liberal allowance for the in
creased taxes that seem probable"