davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1919-05-20
CONGRESS SESSION
 l. AFFECTS EXCHANGE
Unusual Demand for Sev- eral of More Popular
 Shipping Shares
By Associated Press

New York, May 19.-Trading on ths stock exchange was incluenced to a large extent by the opening of the ex- tra session of Congress to which the financial community looks for early re- lief and an unusual demand for several of the more popular shipping shares. | Rails. oils and some or the many in- dustrials and unciassified specialties which have figured more or less exten- slvely in the almost uninterrupted aC- vance of the past IA weeks also par \ticipated, but heavy selling, presum
 foiy for profits. effected a general re-
 ersal later. Marine common and pre-
 frred, American International and Representative as well as minor rails, led the rise at the opening, but the heaviness of Atlantic Gulf, General Mo- tors and steels encouraged the short interest to engage in a series of drives The first selling movement centered around American International, Can adian Pacific and equipments, but was followed by a sharp rally. In the final hour offerings assumed wider dimer- sions, embracing United States Steel and affiliated industria1s
 Several of the so-called peace in- dustrials also reacted on uncertain trade conditions and leather issues were adversely affected by reports that the government intends to unload it's surplus supplies.
 There was counter demonstration in Texas company and Mexican Petrol cum. while the rest of the active list was sagging, the market showing confused and irregular tone at ths close.
 Monetary conditions were un- changed, little or no time funds being offered. while call loans ruled at 511 per cent. Weakness of francs and Tires was again without definite ex. planation in quarters usually we'll in 6orn,ed
 The bond market was firm, low grade
 oalls being in demand. Changes in do- 'mestic and foreign war f1otations were nominal. Total sales (par value), $1O, 100000. Old United States bonds un. changed on call
The Birmingham age-herald., 1919-05-20
American Cotton and Grain Exchange
New York Futures.
New Orleans Cotton.

New Orleans, May 19-Cotton went to new level today, the market display ing firm tone around the opening and for some time after until realizing from the long side became heavy enough to check the upward trend. May work ed up to S0.40c and July to 2S.97c the latter month being higher than the board quotation on middling in the spot department during the morning session. In the afternoon spots were raised 37 points to 29.25c; for middlins Con- tracts at their highest on the more ac- tive months were 59 to 61 points over Saturdays close and May. in few trades, made a net advance of 65 points. Realizing reduced the net gain around the middle of the session to only 13 or 19 points, but the close showed net rise of S4 to 40 points.
 It was evident on the opening that a considerable volume of buying or ders had accumulated over Sunday and the demand was further increased by the wQ weather on the map. and good cables. Highest prices were at tained on buying, based on the forecast, calling for showers over the greater portion of the cotton region. In the afternoon the market was much quieter, but it retained steady tone to the close.
The Birmingham age-herald., 1919-05-20
Nice Shipments of Mississippi
 Beans Are on the Local Market
By JOHN c. MOSES.

Large shipments of Mississippi beans are on the market, They are a little late this season. owing to excessive rain fall However, they are bringing the good price of s25o per hamper Butter made 2-cent jump yesterday. being quoted at s2qs4c. Eggs were slight ly up. 4SQ45c. Bell-Rogers Produce company received a shipment of watermelons from Florida by express yesterday. They were packed in a barrel and averaged Is to r pounds each Quotations were as follows: Roosters-20c- Turkeys-Live, 35c. Ducks-50QS2c Fryers--l to 1l5 lbs, 75c; lbs, soc. Hens--3l@S2c. Geese-15c
 Fresh Eggs-4sa45c.
 Butter Cramery-s2@s4c.
 Fish Spanish Mackerel-20@Hac- Pompano-25c. Salt Water Trout-20922c. Mixed Fish-12c. Gray Snapper-Headless and drawn 14c Red Snapper-Headless and drawn, POO Tc.
 Fresh Water Perch-121Ac. Grouper-l3ia@14c. Shrimp-1id12hc.
 Meats D. s. Clear Bellies-2s1s0SS1sc D. S. Rib Beties-32dS2Ihc Pure Lard-S6Sc. Choice Dressed Beef-Top, S2c; heavy cows, 21Q22c. Hams-Regular, ssc; skinned, ssc. Picnic Hams-2S15c. Bacon-Best, 4s1sc; lower grade, s7aSsc Pork Loins-34c
 Produce Lemons-s5.75 box. Peanuts--10Q11c. Cabbage-Texas, 7c lb.: Alabama, s5.50 crate. Sweet Potatoes-51kc lb. Irish Potatoes-s3.50 per cwt. New Irish Potatoes--6c lb. Onions-Red Globe, $6 per 100. Beans-&. %. Peppers-s7 hamper Oranges-California, g. Bananas-Extras. 7c lb. Cauliflower-$3 dog. Grapefruit-$S Tomatoes-S5.25. Limes-s1.75 per 100 Strawherries-s4-qt. crate, s.
The Birmingham age-herald., 1919-05-20

from selling of Saturday. The close was strong. The close showed cash contracts up to 3S cents. The visible gave the decrease at 6S2,ooo, which confirmed the view that the slender supply was being rapidly absorbed by the feeding demand over the country. The later deliveries on account of passing of the small supplies should gradually work up to cash val ues.
 Oats moderately stronger. decrease of 100000, with the new crop not many weeks remote, removes all fear of short age i'll the surplus and the advance of half a cent in cash to 7s in July re- flected an oversold market and provided a good place for the selling by trade in- terests.-K. c.
The Birmingham age-herald., 1919-05-20
GREAT STRENGTH
 1 SHOWNbY COTTON
July Contracts Made Ad- vance of Over S3 a Bale
 Over Saturdays Close
By Associated Press

New York, May 19.-The cotton mar ket showed great strength and activity early today with all deliveries making new high records. July contracts touched 2sc. making an advance of more than sS per bale from the closing price of Saturday. Reactions followed under heavy realizing with July selling or to 2S.50c but there was continued trade buying and the market closed steady at 2S.7sc for that delivery and With the general list showing a net ad- vance of 27 to 41 points.
 The market opened 13 to 46 points higher, on strong Liverpool cables, re- ports of showers and unsettled weather in the south and very bullish advices from the goods market which were de- scribed as phenomenally strong and ac- tive. Trade interests were good, buy CTS including houses with Liverpool connections, and there was covering on the advance which carried May to 3040c and October to 27.46c before the end of the morning, or about 57 to 65 points net higher. After the close of Liver pool the demand was less active and there were rather sharp reactions un- der profit taking while there may also have been selling for a reaction and scattered selling for southern account. October eased off to 26.94c and active months lost all but 10 or 15 points of their earkier gain, but demand improved on scale down and the market was steady later.
 Reports from New Bedford that mills there had closed owing to a strike ap- peared to attract little or no attention nor was there much comment on re- ports of a threatened strike in the Brit ish mills. Reports that the shipping board had allocated 2s steamers for lumber and cotton may have helped the tone of the late market.
The Birmingham age-herald., 1919-05-20
Chicago Futures.
Produce Market

New York, May 19.-Butter unsettled receipts. 12,564. Firsts, 575zq59c.
 Eggs firm: receipts, 32,97S; southern sec- tion firts, 47Qp4Sc.
 Cheese weak; receipts s10s; average run, 31hc.
 Live poultry firm; broilers, 4o665c fowls, 40c: turkeys, 25c; dressed steady; broilers. frozen, 45a52c; chickens, frozen. 4oG4Sc fowls. fresh 321sQSSc; frozen, 32Ia dS71Ac; fresh. 2s1eQ27c; turkeys frozen. 46949c.
 Chicago, May 19.-Butter lowNr; cream cry, 52@571ac
 Eggs higher; receipts, S2,ss5 cases; firsts. 421z0745c.
 Poultry. alive, steady; fowls, 35c
 St. Louis, Mly 19.-Poultry: Hens, s1c; springs, large. S5c; turkeys. 35c ducks, ac; geese, i41sc.
 Kansas City. May 19-Creamery butter up 1c to 53c 51c, 49c; packing butter un- changed at 44c-
 Poultry unchanged; hens, BOG; broilers. 45955c.
 Eggs up 1sc to 421sc-
The Birmingham age-herald., 1919-05-20

Denver & Rio Grande ref. 5s.... 52k Dominion of Can. 5s (1s31) .... SIS Erie gen. 4s 56% Illinois Centarl ref As .......-.. SIS Int Mer. Marine 6s ............. lOS "A Kansas City Southern ref. 5s.... SS
 Liggett & Myers 5s. bid ........ sS
 Louis. & Nash un. As, bid. .....-. so A Mo. Kan. & Tex. 1st As. bid ..... 65
 Missouri Pac.-c gen. Ks, bid oS
 N Y. Central deb. 6s ........... 9s s1s Norfolk & Western con. As, bid.. sl ss Northern Pacific 4s ............ e4
 Penn. Consolidated 41ss .,...... S4 F Penn. gen. 4ks ............'... et 1s Reading gen. As ............... S5 h Republic I. & s. 5s (1940) ....-. 951z St. Louis & San Fran. adj. es.... 95 F Seaboard Air Line adj. 5s ..... 5l
 Southern Bell Tel. 5s ......... 91% Southern Pacific cv. 5s ........ 1Q9
 Southern Railway 5s. bid. 941k Southern Railway gen. As ...... 6Si2 Texas Company cv. 6s .......... 1O212 Texas x Pacific 1st ............ 91
 Union Pacific As ......, s6% U. S. Steel 5s ............... 100ls Virginia Carolina Chem. 5s ..... 96
 Wabash 1st s6k
The Birmingham age-herald., 1919-05-20
Hubbard Bros. & Co.

Cotton Merchants, Hanover Square. N. Y. Members New York Cotton Ex- change. New Orleans Cotton Exchange, New York Produce Exchange. Associat- ed Members Liverpool Cotton Associa- tions. orders solicited for the purchase and sale of Cotton and Cotton Seed Oil for future delivery. Special attention and liberal terms given for consign- ment of spot cotton for delivery. Cor respondence invited.
The Birmingham age-herald., 1919-05-20
Grain Letter

Chicago, May 19.-Traders on the corr settled down to the conviction that no matter what restrictions are placed upon the trading the contracts will respond to cash market and the growing scarcity of grain. Opening showed a recovery
The Birmingham age-herald., 1919-05-20
Dry Goods.

New York. May 19.--Cotton goods
 were stronger and higher and print cloths were advanced half cent yard. Colored cottons were higher. Raw silk was firm. Burlaps were advancing.
 Linens were very firm.
The Birmingham age-herald., 1919-05-20
Cottonseed Oil.

New York. May 19.-The market for cotton seed oil was quiet and barely steady. Sales of 200 October were made at 23.5o. Prime crude 1750; prime summer yellow spot and October 23.50. December and January 22.00
The Birmingham age-herald., 1919-05-20

Medium Yearlings-6Q7c. vealers-sQ12c. Choice Corn Fed Hogs-1s5 and ro. 1s9 1S1zc.
 Choice Corn Fed Hogs-135N to 1s5, 17c Choice Corn Fed Hogs-90 to 135, 15ikc. Light Pigs-9o pounds down, 13d14c. Best Heavy Rough Hogs--15D1sc Half Fat Rough Hogs-13d14c Soft and oily hogs from 1c to % per pound less than above prices.
 Cotton
 Good mlddllng .-......--.-..-.....ZI1zc Strlct mlddlng ...-...--.........ZIc Middling ................--........26 .26izc Strict low middling ..............Z1zc
The Birmingham age-herald., 1919-05-20
Liverpool Cotton.

Liverpool, May 19.-Cotton Spot in good inquiry; prices firm; good mid- ding. 1s.32d: fully middling, 18.s2d; middling. 1s.22d; low middling, 1ss7d; good ordinary. 15.02d; ordinary, 14.4sd. Sales. 10000 bales, including 5000 Amer 9100 American. Futures closed firm: May. 1s.21d; July, 17.76d: September, 1s.s5d. October, 1s.S2d; January. 15.91d; March, 15.67d.
The Birmingham age-herald., 1919-05-20
Cash Grain.

Chicago, May 19.-Corn: No 3 yellow, s1. 751A@1.76; No. 4 yellow, $1 1.75QD1. .751a; No. yellow, STA.
 Oats; No. 8 white, s715@eS%c; standard. 6SH@691sc.
 1.21; timothy. s9a12; clover, nominal.
 Pork, nominal; hrd, 3S75c; ribs, 2S25g 29c. A
 St. Louis. May 19.-Corn: No 2, s1.7S; No. white, s1T4d1.76; July, s1.65ss.
 Oats: No. ?, 6s%c; No. white 6s@ 6s11c; July, 67c.
 Kansas City. May 19.-Corn mostly un- changed No. mixed, $1-75; No. white. $1.76; No. 2 yellow, s1.75.
 Oats steady to 1sc higher; No white 70G701sc; No. mixed, 67@SSc.
The Birmingham age-herald., 1919-05-20
How Liberties Closed
By Associated Press

New York, May ,19.-Liberty Bonds, final prices, today were: 31s s, BIAS; first As, 95.50; second As. 9422; first HAS. 95.7s; second 4As. 9452; third 4As, 95.50; fourth 4As, 94.56.
The Birmingham age-herald., 1919-05-20
Rice Market.

New Orleans. May 19-Rough rice, no sales. receipts, 1703; millers, 1703 sacks. Clean rice sales. Honduras, 500 pockets, Mc; 654 Blue Rose, s or 77s 0; receipts, 4736
The Birmingham age-herald., 1919-05-20
Port Cotton.


 New Orleans: Middling, 29.c5c; re- ceipts. 7571; sales. 324S; stock, 426,244 Galveston: Middling, 3o.75c; receipts, 4S71; sales, 2199; stock, 218,s02. Mobile: Middling. 2sc; receipts, 75; sales, 10; stock. 15,S08.
 Savannah: Middling. 29c; receipts, s19; sales, 2457 stock, 213,219. Charleston: Middling, 2s soc; receipts. 554; stock, 55,924.
 Wilmington: Middling, 27.25c; re- ceipts, 512; stock. 61,510. Texas City: Receipts, ss2; stock, 1s,- 932.
 Norfolk: Middling, 2s25c; receipts, 1928; sales. 194; stock. 123,s13 Baltimore: Stock, 6161. Boston: Middling, 30.50c; stock, 12,- 300.
 Philadelphia; Middling, s1.15c; stock, S476.
 New York: Middling. 3o.soc; exports. 1919; stock, 100,007.
 Minor ports: Stock, 21,237. Total today: Receipts. 1S,632; exports, 1019; stock, 1,27S,022
 Total for week: Receipts, 30,665; ex- ports, 1044.
 Total for season: Receipts. 5,2ss, ,s5s; exports, 4.223,900
The Birmingham age-herald., 1919-05-20
Spot Cotton.

Spot Cotton. New Orleans, May 19.-Spot cotton, steady. 37 points up; sales, on the spot, 2215 bales; to arrive. 1033; low mid ding. 24.50c; middling. 29.25c; mid ding. 30.25c. Receipts, 7571; stock. 426,244.
The Birmingham age-herald., 1919-05-20
Interior Movement.

Houston: Middling, 30.75c; receipts. 7o19; shipments, s264; sales. 4436; stock, 250,0
 Memphis, Middling, 2s.75c; receipts. 1429; shipments, 2944; sales, 3s5o stock, 325.2S6.
 Augusta: Middling. 2s75c; receipts. S93 shipments. Ell; sales, IT; stock, 177.5S9.
 St. Louis: Middling. 2sc; receipts, 596; shipments. 6s1; stock. 21,26s.
 Little Rock: Mddling, 2s.25c; receipts POS; shipments, 553; sales, 553; stock, 42,994.
 Total today: Receipts, 10,145; ship ments 12,553 stock. S17,146.
 Dallas: Middling, 2s.25c; sales, 1876.
 Montgomery: Middling, 2s.5oc; sales. ss.
The Birmingham age-herald., 1919-05-20

No Argentine industry has been free from the menace of strikea during the laft two years, but the railways have suffered more than any ether sinsls class
The Birmingham age-herald., 1919-05-20
Naval Stores.

Savannah. May 1s.-TurpentiAe, firm, -7shc: sales, s65; receipts. 141; ship ments, q; stock, 25,s1s. Resin. quiet sales. s7o; receipts, 5so; shipments. l.; stock, 5s,S10. Quote: B. $10.75: b. sl0.s7; F. $11; c. $11.o5; H, $11.10; |. $1125; K. $12.60; M. $12.70; N, SIS: WIG. $13.22; wv. $13.50.
The Birmingham age-herald., 1919-05-20
Railroad Schedules

Arrival and Departure of Fassunaer Trains The following schedule figures published as nforus- ton and not guaranteed.
 tCentra Standard Time)
 Corrected to April 3, 1919. BIRMINGHAM TERMINAL STATION
The Birmingham age-herald., 1919-05-20

The average number of men employed in the mining industry in Nevada during 1017 was 6091. and during 1918 6295. the largest in the history of the state.
The Birmingham age-herald., 1919-05-20
Money Market.

New York, May 19.-Mercantile paper, 51ld5h per cent; sterling 6o-day bills, s4.62k; commercial 60-day bills on banks, s4.62ss; commercial 6o-day bills. s462A demand, s4.651s; cables. s4.66ls. Time loans strong; 50 days. 90 days and six months, 551kG55%. Call money strong; ruling rate, 51z per cent; bank acceptances, 4k per cent. Francs, demand. 649; cables, 647. Builders, demand, 4o1s; cables, 40 11-16. Lire, demand, S20; cables, SIS. Mexican dollars, SS; government bonds steady; railroad bonds firm. Bar silver, 109h
The Birmingham age-herald., 1919-05-20
Metal Market.

New York. May 19.-Copper firm; cleo trolytic spot and nearby, 16k@161k Iron nominal; No. northern and No south ern. $2s.D; No. 2 northern and No 2 southern. $26.75. Metal exchange quotes lead firm; spot. s5.e71z05. S211; June. $5.Zk G5.D Spelter firm; spot. $61734; July, $6. 20@S.40.
 At London. spot copper, fD, 2s, Cd: futures. s7s. Is, Sd: electrolytic. spot, ss2: futures, fss. Spot tin, s24s. 15s; futures. s242. 15c. Lead spot. f24 Is, Sd; futures. E24. 12s, Sd. Spelter spot. e36; futures. f36. los.
The Birmingham age-herald., 1919-05-20
Sugar Market.

New York. May 1s.-There was no change in the local raw sugar market. with centrifugal quoted at 72sc to the refiner. Trading was quiet and no pur- chases were reported by the board
 In refined the demand continues to increase and it is said that some refiners are little behind on delivery, although this complaint is by no means general. Ii is expected that exports will be great CT from now on to the royal commission Prices are unchanged at cents for fine granulated
The Birmingham age-herald., 1919-05-20
Live Stock.

Chicago, May 19.-Hogs: Receipts, 40, 900; market, mostly Toe to 2os high CT than Saturday; closed strong; top, s21.25; estimated tomorrow, 5000; bulk, s21 @21.20; heavy weight, $21. @21.25; medium meight, s2osO@2 21.25; light weight, s20.e5@21.25; light $1s.65@ 20.S5; heavy packing cows. smooth. s2o15@ 2o.eo; packing sows. rough. $1s.759 2o10; pigs. $1s.s5@20.
 Cattle: Receipts, 2e,ooo; beef steers. 25c to soc lower; butcher stock, calves and feeders, steady; estimated tomor- row. 14,00o; beef steers, medium and heavy weight, choice and prime, $1625 O 1875; medium and good, s1375@' 1850; common, s11.75@14; light weight good and choice, $13.75@16.75; common and medium, s1o.50@14; butcher cat tie heifers. $s25@15.25; cows, ss.15@ 14.S5; canners and cutters, $6.50@S.15; veal calves, light and heavy weight. 1850: stocker steers, $8.50@13.75.
 Sheep; Receipts, 15,000; market, steady to 25c lower; top wooded lambs. s1S.50; shorn, $14.75 estimated tomor- row, 15,000: lambs. S4 pounds down, s13.25@14.7 S5 pounds up, $12.75@ 14.65; culls and common, $9@ @12.50; springs. s16.5o@1s.75; yearling weth- CTS, $11.50@13; ewes, $10@11.25; culls and common, s450@9.7o.
 St. Louis, May 19.-Hogs: Receipts, 1S,70o; market 1o@15cs higher; pigs, s15.50 O 20.00; mixed and butchers. s20.5o O 21.20; good heavy, $21.10@ 21.20; bulk. s20S5 @21.15.
 Cattle: Receipts, $500; native beef ct heifers, s9.5o@16; cows, $1o50@ 1850: stockers and feeders, $1o@13.5o; fair to prime southern beef steers. s10@1S; beef cows and heifers, $7.50@15; can ners and cutters, $5.50@725; native calves. $7.75 @15.5o.
 Sheep: Receipts, 1900; market, steady; lambs, $1S.25@18.50; ewes, SIS @14.5o; canners and choppers, ss@s.5o.
 Kansas City, May 1s.-Hogs: Re- ceipts. 16,ooo; market. generally 25c higher than Friday; bulk, $20.45 020ao: heavies. $20.75@21; medium weights, $2o.4o@21; lights, $2o.2o@20.75; light lights. $1s@ 2o.25; heavy packing sows. s1o.5o@ 2o.5o; pigs. $14@19.
 Cattle: Receipts, HOO, and 1000 calves; steers, she stock and stockers. strong; feeders, steady: veal calves, strong to 25c higher; beef steers med ium and heavy weight, choice and prime. $16.S5 @1s.25; medium and good. $15.5o O 1875; common and medium, $10.25 @14.75; butcher cattle, heifers, $7.65 @15.10; cows. $6.S5@1415: canners and cutters, $5.50@6.75; veal calves, light and handy weight, $1o.75@135o; feeder steers, $10 0@155o; stocker steers, $S@14.50.
 Sheep: Receipts. 1000; market. clos ing active; prices generally steady on all classes; lambs. s4 pounds or less, s1S@15.75; s4 pounds or more, $13@ 15-10; culls and common, $9613; yearling wethers, $12@13.25 ewes sT @10.50; ewes. culls and common, $4@7; breeding ewes. $9.50@15; feeder lambs, $11@14.5o; Angora goats, $7@15.
The Birmingham age-herald., 1919-05-20

London. May 1s.-Bar silver, 5s1sd per ounce. Money, SIS per cent. Discount rates, short and three-month bills, Sss per cent.
The Birmingham age-herald., 1919-05-20
~~ Coffee Market.

New York. May 19.-The market for coffee futures was rather nervous and unsettled today, with prices showing re- actionary tendency after the advance of last week. The opening was seven to 1s points and the more active positions sold 15 to 34 points under last nights closing figures during the middle of the day. with September touching IS. 10c and De- cember 1755c under realizing or liuuida- tion There was moderate support on the decline which led to rallies of sev- eIal points later in the day, with the close net five points higher to r lower. May, 1S.55c; July, 1S.6sc; September, 1S.30c; October. E12c; December, 177c; Janu- ary, 17.65c; March, 17.60.
 Spot quiet, Rio Is. 19c. Santos As, 23@ 23Ac. Sales or resales of Santos As were reported in the cost and freight market at 22.75623c, London credits. Offers of Rio Is were reported here at 1S.70c. Amer ican credits.
 The official cables reported no change in Brazilian markets except an advance of 50 reis at Rio. Rio exchange on Lon- don was 3-32d higher at 141zd Brazilian port receipts, 5000 Jundiahy receipts. 1e,000
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-06-19
TRIUMPH OF SANITY.

The Federation of Labor conVen-
ton at Atlantic City gave concrete
evidence Tuesday that it does not pur-
pose to throw all that it has gained
and all that it stands to gain in the
immediate future, into the fire which
incendiaries are striving to kindle
1t went on record against the soviet
government of Russia, 1t is not Boil
shevist. And it went on record against
calling a nationwide strike to compel
the courts of California to accord a
new trial to Mooney
The record of the progress and sue
cess that the American Federation of
Labor has made. the program of re-
forms and advancement that it is now
formulating, are measures of the
soundness and strength of the trades
union idea,
There is demand among the radi-
Gals for lone Big Union" We don't
know, but somehow we believe that
the union labor men of the country
are too hard headed, too canny to be
fooled by this insidious propaganda.
They can see behind this move
ment the direct-action socialist, the
sabotage of the l. w. w. the emissa
ries of Bolshevism, and all that an
archist crew In Seattle. the union
men wish now that they had been
wiser; in Winnipeg they probably are
gaining wisdom In other cities now
threatened with outbreaks they ought
to be full of the wisdom to he gained
by the experiences Of their brethren
in Seattle and Winnipeg.
We have an idea that the time Is
at hand when the theory will no
longer be held that small OUTPUT of
work each day helps union labor, and
that it will be a recognized policy
that every man shall do all the work
he can comfortably.
No country in the world matches
the United States in its general COM
fort for everybody Notwithstanding
all the inequalities and even injus-
tees that are encountered. 1t is pro-
posed by radical and destructive lead
ers that this progressive policy shall
be replaced by anarchy. 1t cannot be
thought of. 1t would not he permitted
Capital and labor have both made
their mistakes. In part these were
mistakes of ignorance There are eX-
tremists in both divisions, but the
great middle body of both sides is
working sincerely for a solution, and
way. But we must refuse to yield
an inch of the ground in favor of any
theory that would destroy our homes
throw us into idleness and disrupt our
prosperity.