davidaulloa/AmericanStories huggingface dataset:
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1919-02-12

Mrs A. !. lockhari and { ".
Wllklc A twO.cOursc luncheon was
served At the end Of the game, table
decorations consisting Of red motifs
and carnations. The club will meet
again IN two weeks with Mrs Lock.
hart Of 1913 West First street
4 few friends were entertained in.
formally yesterday afternoon by Mrs,
Charlie, MoClJud Of ll4D West
Twelfth stree, IN compliment lo Mr,
Joseph Mlrr of Sioux Falls Iowa.
The guest, included Mrs Louis S'rom.
Mt Leroy Gale, Mrs. g. g. Mpn
crlci and Mrs. B y Ward This
afternoon Mrs Mar will he the honor
guest at line party at the over
hol,er 10 bc given by the Victory
club when an additional guest vii
he Mrs T. { Hosmer.
" n "
The VI Y " club of the May.
wood Christian church. which is com.
posed oi large number oi young
men, hcld,a meeting last evening m
their new club room At the church
The room hd, been recently furnished
for the club with comfortable leather
furniture and m It hangs the club
service flag with forty.eight stars
New members admitted at this meet
ing are Raymond zimmerman and
John Landon. Plans were discussed
for a debate at some time in the near
future with the &. W. G., the young
Women's club Of the church
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1919-02-12
NEWMANUAl CENTER
FOR GRADES, PLAN

Because Of inorsa'e ~ me number
Of students in ward schools. e,ab.
li,hment Of new grade center for
manual training is under cou,idefa-
ton at the Lincoln school Tentative
plan, involve installing twenty new
benches and accompanying tool,
There are al present four gfads cen.
ier Lee school. Washington. Eugene
Ficld and Irving
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1919-02-12

Oklahoma with the generating plant
here, The plan 10 construct high
tension lines is considered by Off.
Gals here TO be economically advAn.
'ageous over erection Of larger power
plant, at town, supplied from the To-
cal plant To assure adequate power
for these towns approximately 900
90 is being expended in enlarging
and improving the facilities Of III,
plant here
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1919-02-12

based on her yoaf' service ahrold
She wears two gold sefulc stripes
on her left sleeve
Miss Van Balkom va, born in
Sumaira, where her father Va,a 10.
baeoo planter. She ha, Travelled all
over the world. living A. various
times in London. Amsterdam Aus.
tfalia and Toronto
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1919-02-12
French Congress
to Draft Claims

PARIS, 1uc,day Fch ll-( (Ians)
--Delcgates representing nlncty-Nis
association, having a membership oi
ten million have met here IN order to
Organize a national French congress
The congress will sit from February |
to March TO drai, French claims TO
he presented 10 the peace conference
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1919-02-12
Ivory Bleached Pillow

Nice grade, good size, 4lxh,
and they sell regularly for Bsc
the pair, but for this sale are
priced specially at
73c Pair
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1919-02-12
Bleached Turkish Towels

Here Is a splendid grade oi
Turkish towels; sire lsx0 inches
and they are offered for
S1.25 the Dozen
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1919-02-12
Roosevelt's Sisters
at Hot Springs, Ark.

HOT SPRINGS. Ark, Feb. IT,
Mrs ". s cosles Of Pennington,
Conn, and Mrs Douglas Robinson OF
New York city both sisters Of the late
Colonel Theodore Roosevelt, arrived
here IN their private car this morning
- remain iof several weeks
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1919-02-12
25c Unbleached Crashes
Bleached Turkish Towels

100 dozen OF these, but they
will not last long a, the price
l6xS5 inches and specialed for
th,s sal. NJ
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1919-02-12
ENID ELECTRIC
LINE DONE SOON


TIE high t,nuon sieD'u. transmits.
SION line m course Of construction
between this Giy and Enid VII be
completed within the next ,wo weeks.
J " Owens. general manager Of the
Oklahoma Gas 4 Electric company.
sad last night The linz has now
been constructed q, iar a, IT Reno.
The line T. one Of several that viii
~ 'cr'ually connect ,.'irs through ut
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1919-02-12

,he appeafS at the base hospital of
in the welfare buildings by officer,
and men whom she mel IN France
AZ these entertainments Nho uuH
ipes herself To- popS 'r song, and
modern ballad, and Yelling unfle,
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1919-02-12
Can Oklahoma City Afford to Fail in This?

la me with ssandth
u b h
ndra1eu Il
r kantto I'M tina
n a a "
j o h, nj
you
Is not udc
" n q n day
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1919-05-13

"s|The Barbcr's Union will meet
Thursday evening, May u, ut o.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1919-05-13

"The Heart OF Humanity" at the
Vine Wednesday and Thursday. xl3
Mr.. j. e. Thomas of Cleveland is
visiting Mrs. Thomas, who is q pa
ticnt at the NJ. g. 5. sanitarum.
I Rev. William T.. Hull left Monday
afternoon for Cleveland to attend the
diocesan convention of the Episcopal
church.
Lawn mowers ground and repaired.
All work must give satisfaction or
money refunded. Albert Kcarns, Mar
tinsburg road; phone No. Gil blue.
XII
Mrs. H.. M. Darling of Mansfield
avenue went to Elyria Monday morn.
ing where she will spend several days
with her brother. Mr. c. d. McCul.
Tough.
Mr. and Mrs. Samuel Clark motor.
cd TO Columbus Saturday to attend
the Rainbow Division parade, and re.
turned here Sunday evening.
Mr.. Edward Sweitzer returned to
Bellvile Monday morning after
spending several weeks at the M. & S.
sanitariuni.
Mr.. and Mrs: c. r.. Laudcrbaugh
and the Misses Daisy, Pearl and cJen-
ME Lauderbaugh of Columbus were
guests OF Mrs. RI. S. Lauderbaugh OF
East Chestnut street, over tho week
end.
Mr.. Ogden Wintcrmpte, who spent
| the past week at his home here, re-
| turned to Granville Sunday evening,
where he is student at Dcnison uni
ycrsity.
Mrs Emma ClOttcrback, who has
| been here several weeks visiting her
| daughter, Mrs. E. j. Everly, of East
| Burgess street returned to her home
| in Dayton Monday.
DO you know how to spend money
how to enjoy life? Some people
think they do but they arc mistaken
until someone shows them how Could
this happen to you? See "The Spend
or" at the Vine theatre today with
| Bcrt Lytcll as the star and sec how
to gain happiness xlI
The wall paper department OF the
Arnold store, which has served the
public for forty years is bigger ant
better than ever. Mr.. Walcutt ant
Miss Pickard will be glad to gree
the patrons of this department a
Arnold's old stand. Tho Woolson Co
x12 X13'
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1919-05-13
ApMlNlSvRATRIx'S NOTICE

Tho State of Ohio, Knox County 49,
In the Probate Court
Notice is hereby given that Mamie
Nj. Young of Mt. Vernon, Ohio, has
been appointed and qualified Admin
istratriX d. b. II. W. W. IL. Of the cs-
tate of Elsie M. Armstrong, late Of
Knox county, Ohio, dcccased.}
PHILIP l.. WILKINS,
Probate Judge of Knox County, Ohio
May s, 1919. 5-12,19,26
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1919-05-13

WcavCr8 tuAiCab service. Phone
1929. Il
"lhe Heart Of humanity" at tho
Vine Wednesday and Thursday. Xl3
licv. +, G. Anderson went to Co.
lumDus Monday for the day.
Miss Margaret Reynolds of Colum.
bus spent Sunday here with friends.
Mrs, G., w. Mowrcy of Howard
street was visitor in Columbus ON
Monday
W. can furnish YOU Iicld, hog or
poultry fencing in several styles, Car.
load just received b. II. Salisbury q
Co., 2oGS West High street, Mt. Ncr.
non, Ohio, Phone 1910. I3dal3s
/ DO you know how to spend money
how TO enjoy lifcy Some people
think they do but they are mistaken
until someone shows them how. Could
this happen to YOU? See "Thc Spend,
or at the Vine theatre today with
Bert Lytcll as the star and see how
to gain happiness xl.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1919-05-13

Mr.. John Dollison OF COLUMBUS was
a visitor in this city Sunday.
II you want good cigar ask your
dealor for Havana Bouquet. &C. If
Mr.. Emmett Cridcr was a business
visitor in Columbus Monday
Mr.. Frank L. Kirby made bust
ness trip to Columbus Monday.
Latest designs and lowest prices in
wall paper at Woolson's Arnold store.
yl2 xl3H
Tomato and cabbage plants. Kelli.
sons. III East Chestnut. Phone 1iG
green. Nh xl6'
Mrs. Pearl Weiss of Akron is Wis
itng for q number of days in this
city,
Just received nice line Of ladies'
bathing suits and caps. The Rosen-
thaIi CO. xl2
! Miss Ethelynde Studor of Hebron
spent the weekend here with her
mother.
See the new tapestries and grass
cloths in wall paper at Wooson's Ar
mold store. x12xl3"
Wanted--Iiccnscd engineers for
out of town work. Address Box A,
Daily Banner. Xl6
A fine line Of ladies' bathing suits
and caps has Just been received by
the RosenthalI Co. XII
Miss Helen Stincmctz of South
Boynton street spent Sunday in Co
lumbus with friends.
Girls MILDLY suits that arc very
classy are shown at I,ingwalts i'll
sizes II to Is for $3.50. Xl2 x13*
Miss Naomi Bryant OF Columbus
spent the weekend with relatives
near Frcdcricktown.
Highest prices paid for wool. All
kinds of farm products at old McCon.
nell WAREHOUSE. Levering Bros. tt
Girls! A separate skirt to wear
with your MILDLY. TO be had at Ring
waits for 81. x12 x13@
Mrs. Della Morrison Of Brandon
went to Snnbury Monday to spend
several days with relatives.
Mr. Harold Smith of Columbus
spent Saturday and Sunday with Miss
Edna Winland OF the Newark road
Miss Carrita X. laudcrbaugh OF Ak
ron is spending the week here will,
her father, Mr.. Guy l.. l.auderbaugh
Babes in arms will not be admitted
tn nf n
ity." All others occupying seats must
pay. Xla
Car of Mobiloil just received. Buy
it in wholesale or retail lots. The
very best OF engine oils. Sapp Bros. q
Co., 32l South Main st. Mt'x2T"x2t
24-inch and 36-inch Rug FilIcr in
imitation wood patterns at 60c ano
75c per yard at WooIson's Arnoe
store, x12xl3F
Mrs. j. VIZ Nicely returned to Gro
ton Monday morning, after spendins
{ Sunday With Mrs. Leroy French oI
this city. .% n ~ ,.ltt
Think of a'Whitc skirt made Of Bid
ings wash satin for $3.50. They're
light and very durable. At Ring
waits of course. xl2 XI3'
Mrs Anna Cunningham of West
High street went to Columbus Mon
day to attend the Pocahontas lodge
state convention.
Mr.. and Mrs George McNabb o
East Vine street spent Sunday ii
Millwood with the lattcr's sister, Mrs
: Sarah Rightmire.
We can furnish you field, hog o
; poultry fencing in several styles. Car
load just received. D. Il. Salisbury 4
Co., 2OG.S West High street, Mt Ven
: non, Ohio. Phone 1910. l3dal3
Tho annual inspection of Kno
Chapter, No. 236, o. Il. S., will occu
at o'clock, Tuesday, May IS, wit
Mrs. Nora Lcvering OF District No. !
as the installing officer. Supper vii
: be served promptly at G:3O o'cloc
y and each member is requested to pa
20 cents. Xl
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1919-05-13
EXECUTORS, NOTICE

Tho state Of Ohio, Knox County SIS.
In the Probate Court
Notice is hereby givcu that G. +.
Braddock of FrcdericktowD. Ohio,
and G.. w. Braddock OF Mt. Vernon.
Ohio. have been appointed and quail
fed Executors of the estate of Thorn
MS j. Braddock, late OF Knox county,
Ohio, deceased.
PHILIP l.. WILKINS,
Probate Judge of Knox County, Ohio
May 3, 1919. 5,12. .zG
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1919-05-13
CALENDAR

Il 4 Il ~ Il Il = y e = se Z
* MONDAY, May IL =
* iThe Swastika club will be =
St entertained Monday evening 4
X by Mrs. Nellie McGladc, 12l :
As East Vine street. !
* The Daughters Of St George 4
se meet ut 1880 o'clock. \
* Regular meeting Of l.. G.. B. !,
* A. Installation of officers and Z,
81 h,ltlation of new members.
II TUESDAY,. May Is :
K J Womap's Benefit Association :
e ,3f the Maccabces meets at 8 :
x b'clock., VII
* Tho Sons OF Veterans Aux :
st iiiary meets.
II Frances Willard w. G. r. u. !
II, meets at 3 o'clock ut the home :
* pf Mrs. Frank Haynes, 2Oi w. !
* Wine street. Special program !
q for mothers. !
~ WEDNESDAY, May ~
X Daughters IF American Rev !
X ,Olutlon will meet at home of ,
~ Mrs. Plimpton Kirk, East High !
Il street, at D. IN. Election Of !
*. officers.
xxi Tho Womon's Home Mission !
Mlary society Of the Gay street }
Il VI. u. church meets at the home !
X OF Mrs. Howard lIuntsbcrger, !
n East Vine street.
SH Shepherds ol Bethlehem will !
II meet at 3 p. m. with Il union !
a program and refreshments
Il Circle No. 2 OF the Church of
y Christ will meet with Mrs,
II Walter Hess, 500 North Gay
x street. this aftcrnoon. Election
II OF officers.
II Tho Ladies' Jf the Ellls will
~ entertain with card party at
n The Elks' Home at 2 o'clock.
sT Tho Ruth class of the NJ. r..
H Sunday school will hold IA Gov
~ cred dish party ut tho home of
e Mrs. Arthur Cornell in South
X Vernon. All members are in.
e viicd.
X Glass ~ Of the NJ. p. Sunday
"a school will meet at 7:3O u. IN.
~ with Miss Alice Ewalt, COZ W.
~ Chestnut street
e The Ladies' Auxiliary of
II Clinton grange viii meet AT
sf the home of Mrs. Adolph Appel
II ON the new Delaware road.
H THURSDAY. May l.
e The Ladies' Country club Of
sy Gambler viii lpect at l:3o
H o'clock Eastern ,imo at the
I home OF Mrs, Robert Bennett.
e q q v T. 4 e 4%S4 4 e . = q e y . Il u e Z;
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1919-05-13
Dcvslon-S Shut
Wedding

Mr.. Justin Il, Dcvulon, city editor
Of the Republican, aud Miss Ida
Shut, n reporter on the Same news.
paper, were united in marriage Satur-
day evening at nine o'clock at the
home Of Rev. G. Rector Dye, pastor
Of the First baptist church. The
bride was attended by her sister. Miss
May Shut Mr. and Mrs Deyalou
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1919-05-13

%SFTho next meeting of Monroe
Grange, No. Si7, =. of H., will be held
at the home of Mr.. Charles M. Flotch-
or Thursday evening, May 10. The
first and second degrees will be con
ferred. No other degrees will be con
fcrrcd until n later date.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1919-05-13
Jones Mitchell
Wedding

AZ 10 o'clock Saturday morning Mr.
Samuel Jones and Mrs. Florence
Mitchell, both of this city, were united
In marriage by Squire l., A. Stream
atrhis court on South Main street. Mr.
aud Mrs. Jones will make their homo
on North Sundusky street.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1919-05-13

Will reside in Mt Vernon and for the
present Mrs. Dcvolon will continue
her newspaper work.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1919-05-13

urday evening, May II. This is. II
country play for country people, and
is well seasoned with comedy, deal
ing with some of the problems of the
church in rural communities. Music
furnished by tho Pleasant Grange or
chcstru. Xl5Tu-Xt3'
%s@Thc Mt, Liberty W. G. T. u. will
meet at the home of Mrs. Daisy That
cher, Thursday, June 8, ut 2 p. ~.
Eastern time.
ss@rho members of Knox Rcbckah
degree staff will meet Monday even
ing for practice.
sSSTbc regular meeting OF the l., G.
II. A. will be held Monday evening
Installation of officers and initiation
of new members.
"*'The Barber's Union will meet
Thursday evening, May 10, ut . q
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1919-05-13
Missionary
Meetinl

Missionary
Meeting
The Woman's Missionary society OF
the Presbyterian church met at three
o'clock Friday afternoon at the nome
OF Mrs. II. w. Colyillc on North Gay
street Mrs. Daniel McFcclcy, prcsi.
dent Of the society, presiding at the
meeting. The dcvotionals were in
charge of Mrs Frank l.. Beam. After
the business session. interesting re-
ports OF the recent meetings of the
presbytery at Fredericktown were
given by the two local delegates, Mrs.
McFecicy and Mrs. Shields A short
program was given on the subject of
| Foreigners in the United States"
The program was in. charge of Miss
| Gilmore, assisted by Mrs. Crumley.
Following the program, IL social hour
was enjoyed. The missionary society
will meet again in June.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1919-05-13
Hime s.Leonard
Wedding

FSheN'S
A pretty home wedding was sol
cmnized at 4 o'clock Sunday after
noon at the home of Mr.. and Mrs.
George Leonard, who reside near
F'redcricktOwn, when their daughter,
Miss Martha Alice Leonard, was
united in marriage with Mr.. Mark
Hines of Ladosa, Ind, Rev. w, ID.
Keller Of Canton officiating.
The bridal party was composed of
the following persons: Miss Mary
Leonard, IA sister of the bride, as maid
of honor, Mrs NJ. ID, Shubcrt of North
Manchester, Ind. as bridesmaid, Mr..
! Austin Dunbar of Bowers, Ind, as
best man and little Miss Ruth Eileen
Workman of f'rCdcricktown as flower
girl, The rooms were attractvcly
decorated with apple blossoms and
cut flowers.
The bride is a graduate of tho Fred,
oriChtown high school and for IL mum.
ber of years has been employed as u
teacher in Berlin township.
Mr., and Mrs. Hines left Monday
Il morning for l.adoga Ind, and they
will make their future home at Clov.
erlcul farm, near there.
fitty-thrcc relatives and friends Of
the young couple witnessed the ccre
mony and the guests from Il distance
were Mr.. and Mrs, John Hines, par
onts of the bridegroom. and Mr.. Me
intro, Mr. and Mrs FAN, all of l.n
doGl, Ind, aud Mr. Franc of Cloye
land
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1919-05-13

clock at Mckay a. Scycrns barbcrl
shup
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1919-05-13
MEETINGS
LODGE AND OTHERWISE

81 @The Modern Woodmcn of
America will meet Friday evening,
May 1G, at 1880 o'clock. At this meet
ing a vote will be taken as to.changc
OF rates Of assessments, ltl s4
"+@The losing side in the Sunday
school submarine contest will enter
tain the winning side in the parlors
OF the Congregational church We'd
uesday from to . o'clock.
@@"Thcre will be roll call at the M.
p. Bible class for men Sunday morn
ing May IS. Each man whose name
Is on the class register is requested
to be present at $3.50 o'clock.
""#Thc Christian Endcavor society
of the NJ p. church will hold its
monthly business meeting and social
in the church parlors at s o'clock
Tuesday evening. A fine program is
being arranged.
"""The Pleasant Grange Dramatic
club will present the play, "Thc Cross
roads Mcctin' House" at Milford
Grange hall Thursday evening, May
10, and at Flat Run Grange hall Sat
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-02
American Locomotive
Earnings Show Gain
Return for Last Six Months of
1918 Equal to Sl6.88
on Common

After all charges, including United
States Federal and Canadian income
and excess profits taxes, the American
Locomotive Company reported for the
six months ended December 81, 1918,
profits available for dividends on the
stock, of $5,O95 ass, compared with
S3,969,25f for the corresponding
period Of the preceding year. After
payment of dividends on the preferred
shares, the surplus was eQuiva lent to
1888 Il share on the common, against
$12.37 q share in the half wear ended
December 81, 1917.
Untitled orders on the company's
books at the close or 1913 totaled
S5i,5t7,373, and foreign orders taken
since that time amounted to $4,000
600. decrease in inventories from
$25,41 1874 on June so, 1918, to $21.-
432,377 on December 81, and net cur
rent assets of 500, G52, TAP were also
reported
Andrew Fletcher, president, stated
in the report that the large increase
in business for the half year was due
to the new high record of production
made at the larger plants of the com
pany. Shortly after the signing Of
the arnistice he said orders were re
ceived from the government to sus-
pend work on 1870 trench locomotives
for military service in France Neeo-
tiatlohs arc now under way TO secure
at adjustment Of the contract
amounting to sl.s73.l0o Mr. Fletcher
added
awe anticipate IN the near future
n moderate amount If additional for
elen buying, but tha prospects fer
domestic orders Is Very poor, Tho
Pittsburgh plant Will be closed nj the
completion of It's Hohedue. the lnltor
part of March. The company has puf-
felonl business Ia operate tho other
plants at reduced rate Of produc-
ton until about June 30, lo1o.'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-02
Canada Nervous Over
Fixed Wheat Price
Wonder Whether Il. :. Govern.
ment Will Place Embargo
on Imports
STAFF Correspondence


TORONTO, March 1.-The action of
the United States government before
the signing Of the armistice in fixing
the price Of the 1919 wheat crop Of that
country at 1926 per bushel has an in
teresting bearing on the future market
for Canada wheat. The Canadian gov
ernment has not fixed Il price for tho
1919 yield. Although some grain
growers interests want similar price
fixed In Canada as that ruling in tho
United States, it Is the opinion in
authoritative circles that no price will
be fixed and that the market will be
left TO the law Of supply and demand
III the government should fix the price
at s224 a bushel, il would stand TO
lose S1Oo,o00000, which il can ill-af-
ford.
In viewN Of the transformation in
world conditions following the signing
Of the armistice the United States
government may stand TO lose 81 900
100000. Should this happen what bear
ing will 1t have on the reciprocity
agreement In relation to wheat and
wheat products now effective between
Canada and the United States. viii
not the United Suites government be
forced by circumstances 10 place an
embargo on importations Of wheat ?
This wuold put check on the realiza-
ton ~ the cherished dreams Of the
Democratic administration In Wnsh~
ington and q strong wing Ut the Liberal
Opposition In Canada.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-02
London Looks
Wistfully at U. S.
Financial Wisdom
Approves Prompt Removal
Here of Ban on New Capt.
tai Issues and Deplores
I'LL Considered" Methods
By George w. Glass
Ncw York Tribune
Cnnc,ni Cnhfa On.ulaa

New York Tribune
Special Cable Sorpice
Copyright. 1919 Nsw York Tribune Inc)
LONDON, March Important hnan-
cal questions are seldom ever dscussc
here now without reference to the rise
Of America IN monetary power and in
iuencc in international finance, and the
consequent need Of IL broader outlook
on the part OF British government
officials.
The rigorous restrictions Of offers
Of capital for private enterprise here
is contrastcd with the liberal policy
pursued in America, where, despite
government control, sanction has been
given to the creation of great vol
ume Of fresh money for other than the
requirements for war purposes The
prompt dissolution in AAmerica of the
Capital Issues Board upon the ccssa.
ton Of the war is regarded by British
hnancIers as farseeing act which will
lind speedy reflection in the stimulation
Of postwar trade and which forms
basis for similar step by the British
Treasury.
Conditions in the two countries are
dissimiar, and the authorities admit
that a case has been made out for only
a more generous consideration of appli-
cations for permission to increase re-
sources by appeals to investors. Con-
troll is maintained on the ground that
requirements are still great for final
military OUTLAWS, including demobiliza-
ton and national reconstruction.
but they have aroused widespread oppo-
sition in the business community. The
Treasurys are good, it is said, but its
methods are i'll considered Former
ly unauthorized capital only incurred
a penalty. Now negotiability is recog-
nized on tho Stock Exchange, but rules
have been framed under the Defence
of the Realm Act involving actual pro-
hibition unless officially approved. The
Defence of the Realm Act will also
apply retroactively to all security
transactions since January, 1915, when
the Stock Exchange reopencd This
has drawn vigorous protests.