davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
Farmers Entered
Munitions Plant

When the company entered the mu-
nitions business on a large scale it
went into the market for labor. Skilled
and unskilled labor was imported into
Watertown from all over the country.
Boys from the farms came to work
with imported machinists from the
larger industrial centres of the coun-
try. 1t is estimated that at least 35 per
cent of the men taken on for NUM-
ton work came from the rich agricul-
tural districts Of Northern New York.
When the war ended, throwing 80 per
cent Of the employees out of work, a
large part Of the former farm workers
returned to the farms, not because
they were attracted by farm life, but
because Of their inability to find en-
ployment elsewhere. The majority of
the machinists and other skilled work
ers drifted away to more promising
fields. For a time after the war ended
Watertown had small army of "foat-
ers," but it has been gradually dimin-
fishing. although the number left is
still Of such proportions as to present
problem to the municipality. Current
labor troubles in Watertown--therea are
three different strikes in progress
are attributed by the employers Of
labor there to the unrest created by
the ''foaters"
The problem confronting the man
agement of the New York Air Brake
Company is the matter of finding what
to do with the plants and equipment on
it's hands. Millions Of dollars are rep
resented in the investment in the new
plants and machinery. One of the new
plants, the gun carriage works, was
built by the government and is still
owned by the government, but that will
probably come into the company's pos
session in the final settlement of tho
contracts between the Federal author;-
ties and the corporation. Thousands Of
shells and she'll cases in process of
manufacture are piled up in the plants
awaiting the disposition of the govern
ment. Most of this stuff is worth little
more than its junking value, unless the
government decides to use it as re-
serve for future use,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
Idle War Plants
To Form Basis of
Air Brake Growth
Making Motor Trucks First
Move Designed to En-
ploy Labor and Munitions
Machinery in Peace Work
Financial Bureau
Staff Correspondence

Staff Correspondence
WATERFOWL, March ga work
ing force of 1000 has been reduced
to barely 1900; four great plant units
specially constructed for the manu-
facture Of munitions Of war, housing
thousands of delicate machine tools are
idle; the brake shop, the peace time
plant of the company, is working only
on part time, owing to temporary
contraction in business and labor diff
culties. These have ns.n the out
standing developments at the works of
the New York Air Brake Company
here since the signing Of the armis-
tice in November. In less than five
months Watertown, like so many of
the mushroom muniton towns of the
country, has seen the transition of
its greatest industry from war to
a peace basis.
The New York Air Brake Company
handled war orders for the Allied gov
ernments and the United States in
volving upward of $50,OOO,0OO worth Of
munitions. Before this country went
into the war it manufactured 100000
shell cases for the British government.
Later it went into the manufacture of
shells, mostly of the small rs MILL
mtre calibre and the big 1856 MILL
metre type. When the armistice was
signed it was turning out thousands
of shells a day for the United States
government, great numbers of fuses,
shell cases, and had entered upon
quantity production of gun carriages
for the famous French 75s for the
United States Ordnance Department.
The end of the war brought almost
immediate cessation of nearly all of
this work, and the transition of the
industry from war production to that
of peace is nearing completion.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
Repercussions

-, Buy the rails and hold them.-E. W.
Wagner e Co.
The outlook for oil stocks is bright
Anderson, Bruins G Co.
A weak margin makes weak judg-
ment.-Odd Lot Rcvteu.
Buy stocks as they pass the recent
high prices.-McClave e Co.
Financially there is nothing on which
to base bull market.--Wrenm Bros. C.
Co.
To talk reverently of 1913-'14 prices
IS to speak a dead language to-day
Irving Fisher.
The chances are there will be an active
and broad market next week with higher
prices.-S. B. Chaplin & Co.
Stock markets in recording the future
of business far ahead, establish records
more or less quickly and then rest
J. S. Bache C Co.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23

Now that extraordinary deprecia-
tons are possible, not only in Ital-
ian lire and French francs, but in
British pounds, it behooves us to
determine the exact effect of these
depreciations on our foreign trade.
1t is agreed that a heavy deprecia-
ton in the pound sterling would
stimulate British exports and dis
courage imports. 1t is likewise
true that the premium on the Amer
lean dollar, as compared with the
currencies of England, France and
Italy, will discourage our exports
and stimulate imports to this coun-
try. 1t is not difficult to see how
this occurs. Besides the price that
these European exporters obtain
for their goods, they draw for the
amount and gain the premium. On
the other hand, these European i'm
porters, besides the price they pay
for our goods, have to pay pre-
MUM for remittance.
So far, SO good. But if the Eu-
ropean importer, whom we shall
make a British importer, pays a pre-
MUM for remittances, to whom
does he pay it? In other words,
who gains the money that he loses?
The American exporter does not
gain it. The whole problem and
It's answer can be made plain by a
little diagram:
81 BE
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
Ask Steamship Service
Between Jamaica and Canada

KINGSTON. Jamaica, Friday, March
1i.The Canadian government has
been asked to establish direct steam
fhip- service with Jamaica, 1t being un-
derstood that subsidy will be pro.
y,ded IL Gaze such q project is carried
0ut. The legislative council has ex.
sIHded shipping companies from the
payment Of taxes under the income tax
BID which has just been passed. In
h@rAMaa ecnpsnies will under the bill,
par ~ per rent on their gross In.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
Money and Credit

Although the Stock Exchange loan
account expanded last week as result
OF the increased speculative activity in
the stock market the New York Clear
ing House banks reported yesterday a
decrease of $5S,0S6,000 in loans and
discounts, that item amounting to s4,-
S64,957 900 at the close Of the week.
The contraction in the total loan
account Of the banks was attributed to
the paying off of certain large govern
ment loans by the Treasury, which
more than Offset the increase in Stock
Exchange borrowings.
Net demand deposits of the banks de-
creased $95, 1888, 900, to $3,940,779, 900 last
week. Government deposits With the
banks were gifen as $260,323, 900, COM
pared with $259,S03, 900 at the close of
the week before. Cash reserves of the
banks decreased $15,116,970,.to$ 43.666.-
$40.
The Federal Reserve Bank of New
YORK reported heavy increase in gold,
metal carried in it's vaults and to it's
credit in the settlement fund amount
ing to 1892 $50, an increase of ap-
proxlmately $77,000,000. Rediscounts
and advances against commercial paper
amounted to $32,051, $3.50, compared with
S29,233,71 Rediscounts and advances
against government obligations were
$676,60S, 1926, compored with $761,365,1S1
the week before.
Bank MISUNDERSTANDING were un-
changed yesterday.
Thirty Sixty Ninety
spot de- days. days. days.
livery: Per cent.Per ccnt.Pe cent,
Eligible
member
banks -. .4h@4 4A@4h 4h@4M
Eligible ~
nonmem-
Ineligible >'
baaA bills.sM@4Ia 5I4@4La sM@44
For delivery within thirty days:
r,:r Per cent.
Eligible member banks. al
Eligible non-member banks. 4N
Ineligible bank bills.
Discount Rates. following table
gives the current rates of the twelve
Federal Reserve banks on commercial
paper Tor all periods I'm m o;co+,, d,,,..
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
Shading Quicksilver Prices

While quicksilver is nominally quot
ed at $40 flask, offerings at $6S sre
appearing frequently, with no business
being transacted at this price. II is
reported from several directions that
sales were made yesterday at price as
low as $64 flask. Theer is very little
demand in the market, and the ten
dency is toward lower prices.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
Wall Street Items

Seward Prosser, president of the
Bankers Trust Company, sailed yester-
day on the Adriatic. Mr.. Prosser will
spend several weeks in London and
Paris on business connected with the
institution.
The New York Stock Exchange firm
OF Zimmerman & Forshay, for the past
1orty-two years located at Q Wall
street, have removed their offices to
ITO Broadway.
Lawrence Chamberlain & Co. have
purchased tho $1,000,0OO per cent
cumulative convertible preferred stock
OF o.. the Titusville Iron Works Company,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
RelevantC Comment
Over the Ton for Steel

Steel common was put across par yes
terday, but did not stay put The
market leader early sold at 10Ofs, but
receded on later trading to a close of
80, whore it showed a fraction loss on
the day. The new top price set a high
record for 1919, and compares with a
airy 10, just before the current upward
movement began. 1t also compares
with high price of 1862 last year.
made in August, and low of 861a
made Just about q year ago
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
Explanations

1t has been claimed during the week
by some observers that Steel common
was going up because professional
bears and others "short of the mar
ket" in the stock were covering their
commitments. For that reason the new
week is awaited with interest, as it
should show whether or not this theory
is tenable. For, as has been pointed
out, if the big short interest in steel
as reported, has been closed out, the
technical position of the market lead
err has been considerably weakened.
Buying Electric Storage Battery?
Wall Street heard yesterday that the
National Carbon Company, Inc, had
bought control of the Electric STORAGE
Battery Company, whose plants are
located in Philadelphia. The story in
the street had it that National Car
bon would pay par for the stock, issu
ing in payment collateral trust bonds.
returning per cent to the holders. NJ
one could be found yesterday who
would deny or confirm the story. Elec-
trio Storage Battery stock has been ac-
tive and strong, both in the New York
stock market and on tho PHILADELPHIA
Stock Exchange in the last few days.
An advance of points was registered
in the stock in New York yesterday.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
Finance : Economics

credits or the purchase of European
securities. This is both alutruistic
and selfish, both a duty and an op-
portunity.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23

(Additional financial ncws
'ciH be found on page 2 OF this
section.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23

The above rates express the cost of
foreign money in terms Of the Ameri-
can dollar. You buy an English pound
sterling, say, at $4.75%. The intrinsic
parity is S4.ssss per pound. Thus, you
say either that pounds are al dis
count or that dollars, are at a premium,
which 10 owing TO. the fact that in Eng
to settle accounts in this country ia
greater than the demand In this conn
try Tor pounds with which to settle
accounts In England.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23

Silver.-London. 47Md, unchanged;
New York. l01Bc, unchanged; Mexican
dollars, 77Ac, unchanged.
London Money Market-LONDON
March 22.-Closing rate for money,
31s per cent. Discount rates short
and three months bills, 3 1882 per
cent Gold premium at Lisbon
1900.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23

The Federal Reserve Bank Of New
York has put in force the following
schedule OF rediscount rates which
apply to bankers acceptances: Maturi-
ties up to Is days, per cent; 16 to
so days, inclusive, Az per cent; 81 to
80 days, inclusive. Az per cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23

Nominal.
Below is given the current exchange
value If foreign money in dollars and
cents, together with the intrinsic gold
parity, as calculated by the United
States Mint:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
The Dollar in Foreign Exchange

Closing rates yesterday, compared
with a week ago, follow:
Quoted dollars to the pound.)
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23

Discount Rates.-The following table
gives the current rates of the twelve
Federal Reserve banks on commercial
paper for all periods up to ninety days:
Judsonia weekly advance. (Judsonia, Ark.) 1???-1922, 1919-12-11

Lost-Man's umbrella at Cobb
restaurant near depot or at
hitching post north of restau-
rant last Friday night, Novem-
Der Fl. Finder please leave with
Jesse Robbins and receive re-
ward. RICK RAMSEY
J. S. Witt, of San Antonio,
Texas, is spending few days in
Judsonia.
Charley Andrews is home
from Cabot,he and Ira Kelley
having disposed of their cafe at
that place.
LOST-Tuesday, December 2
on the road to Bald Knob, a
small link chain about 20 feet
long with a grab hook on one
end. Finder please return to
w. A. Sanders.
y
The Arkansas Democrat" is
making very low arte-if paid
during Bargain Days"-Decem
Der 1-15-$3.90 for that daily
by Mail (only) One year to ex-
pire December 10. 1920. No or
ders accepted at this rate in
towns where the Democratic has
carrier agent. Ask your post
master or rural route carrier.
Judsonia weekly advance. (Judsonia, Ark.) 1???-1922, 1919-12-11
3 MORE CARS OF CORN

coming. Good grade, 70 lbs. to
the bu., $1.85 per bushel at car.
Guarantee this corn to be free
of all weevils and clean shocked.
If you need any of this see me
at once as the first two cars
were sold in a few days.
J. A. BAUER.
Judsonia weekly advance. (Judsonia, Ark.) 1???-1922, 1919-12-11
Local and Personal Items.

J. S. Kelley was a county seat
visitor last Saturday.
House for rent-W. A. San
ders.
Just received-Some Window
Shades. Forbes Bros.
T. H. Beals was transacting
business in Searcy Monday.
Him-"What's your favorite
treew
Her" Yew, dear"
Forbes Bros. have the agen-
cy for Vulcan Polws and Wilson
Heaters.
Paul Skidmore of st. Louis
is spending a few days at home.
C. M. Erganbright was trans
acting business in Little Rock
Wednesday.
Mrs. Esther Wynn, of Bald
Knob, visited relatives here last
Monday.
H. Hunsaker was transacting
business in Searcy Monday. He
says the walking was good and
lots of it.
Mr.. and Mrs. L. Vert Wish,
of Little Rock, are here visiting
relatives and friends.
Mrs. H. ]. Engstrom and baby
OF Little Rock, are here visiting
her father, j. C. Gibson.
Loren Waggoner spent the
first of the week at home from
his work at Mountain View.
We Will Pay Straight Sal
airy $500 per week and expens-
es to man OF woman with rig to
introduce EUREKA EGG PRO
DUCER. Eureka Mfg. Co., East
st. Louis, III.
Mrs. T. H, Young and daugh-
ter, Miss Myrtle, were shopping
and visiting in Little Rock last
Saturday and Sunday.
\ \
At the public sale on Deem
Der 10Th of the goods of Tom
Wilson, deceased, credit will
be given until the first of Octo-
Der, 1920 instead of until Aug.
Is, as specified on the bills.
Judsonia weekly advance. (Judsonia, Ark.) 1???-1922, 1919-12-11

c. c. Wood of Sabinal, Texas
spent the week end here with
DR.. W. H. L woodward.
John White, Jr., left last Fri.
day to accept a position at Wich-
tia Falls, Texas.
Miss Alma Ray, of Pangburn,
was the guest of her cousin, Miss
Frona Huff, Saturday night.
Wanted-10 ranks of 16 inch
heating wood.
Mrs. Edna Sanford.
Mrs. C. M. Erganbright and
Miss Kathryn Laid spent last
Tuesday in Little Rock.
Geo. H. Wagner, of Pine Bluff
was the guest of friends and
relatives here last Saturday.
We have several cars of Iowa
ear corn coming, which we will
sell at $1.70 per blu. Terms
strictly cash.
SHIPPERS UNION.
A. M. HITLER, Pres.
Oliver Sanford, of Lexa, Ark,
spent part Of the past week in
Judsonia.
Mrs. Harvey Yates visited rel
atves in Des Arc Saturday and
Sunday.
Mrs. N. L. White, of Burle-
son, Texas, is here for a months
visit with relatives
Geo. Johnson has been spend
ing a few days at home from
Mountain View where he is
engaged on road work.
The Missionary Society of the
NJ. E. Church, South, will hold
their annual Christmas Bazaar
and food sale in connection,
Saturday, December 13, in the
Erganbright and Ladd Garage
office.
3 MORE CARS OF CORN
coming. Good grade, 70 lbs. tc
the bu., $1.85 per bushel at car.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1919-03-22
C,lJTU(JRA
HEALS
ECZEMA

On face in large red spots. Later
formed into blisters on both checks.
Sore. red and itched so could hardly
bear 1t. FATE sc disfgured ashamed
tc be seen. Mother said to try Cuti-
cura. Used one cake Soap and one
bow OF Ointment when was healed.
From signed statement of Miss
Nellie M. Schunter, Lyons, Colo.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1919-03-22
A CHILD HATES OIL.
CAL0MEL, PILLS FOR
LIVER AND BOWELS
GIVE CALIFORNIA SYRUP OF
FIGS" IF CROSS, SICK, FE-
VERISH, CONSTPATED.

Look back at your childhood days
Remember the dose mother insisted
on--castor oil, calomel, cathartics,
How you hated them, how you fought
againts taking them.
With our children it's different
Mothers who cling to the old form of
physic simply don't realize what they
do. The children's revolt is weir
founded. Their tender little ''insides''
are injured by them.
II your child's liver, stomach and
bowels need cleansing. give only deli
eions California Syrup of Figs" Its
action is positive, but gentle. Millions
of mothers keep this harmless fruit
iaxative'' handy; they know children
love tp take it; that it never fails to
clean the liver and bowels and sweet
en- the stomach. and that a teaspoon-
full given today saves a sick child to-
morrow
Ask your druggist for bottle of
California Syrup of Figs" which has
full directions for babies, children OF
all ages and for grown-ups plainly
on each bottle. Beware of counter
feits sold here. See that 1t is made
by California Fig Syrup Company"
Refuse any other kind with contempt.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1919-03-22
How to Have a Clear Skin

Having cleared your skin keep ii
clear by using Cuticura Soap and
Ointment for every day toilet pur-
poses and Cuticura Talcum to powder
and perfume. Bathe with Cuticura
Soap and hot water, using plenty Of
soap, best applied with the hands
which it softens wonderfully. If
signs of. pimples, redness or rough
ness are present touch lightly with
Cuticura Ointment before bathing to
soothe and heal.
Cuticura Talcum is an antiseptic. prophy.
Tactic. soothing dustinR powder OF delicate.
fascinating fragrance. 25e. everywhere.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1919-03-22
OVER THE NORTHWEST
Rnnert Bound for AIexieo.

SALEM. Or, March 22.-With the
aid of an unidentified confederate.
clyde j. (Red) Rupert, former Port
land policeman and escaped convict
from the state penitentiary, is making
his way toward the Mexican border in
an effort to evade a federal prison
term which he faced Immediately up
on his release from the state prison.
Definite word of Rupert's actions
since his escape from the state lime
plant near Gold Hill was received at
the prison eaSly yesterday by Warden
Stevens After making his break from
the lime plant, Rupert went to. Gold
Hill, where he purchased soft hat
a gray flannel shirt and a pair of ov-
erals from a section hand, He was
whisked south in an automobile driv-
en- by some confederate.
Mills to Reduce Wages.
NORTH BEND, March 22.-Follow-
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1919-03-22
BOLSHEVISM
ORIGINATED IN
UNITED STATES?

NEW YORK. March 22.--In wash
ington the most discussed topic that
concerns the bolshevist menace in its
various poisonous manifestations in
Russia, in Mexico and sad to say. in
the United states, is the discovery of
the close relationship in phrasing and
intention of the new Carranza consti-
tuition. of Mexico. and the bolshevist
was brought out in an address by
Senator sherman, of Illinois. address
ing the senate on american Troops
in Russia
AIexico's new socialistic constitution
preceded that of the similar. in many
respects. constitution adopted by Len
inc and Trotzky for. their anarchist
bolshevik regime in Russia.
'Carranza's Constitution as it is
called, and the bolshevik 'Bill of
Rights are as twin as two peas in a
pod. when closely compared.
Madc-in-Antnr.ica.
The grim humor Of it all, it is said
is that both are Made America"
and by the same socialfstic scribe.
This socialistic writer is none other
than a more or less famous muck-rak-
ing magazine writer, who was prevent
ed from further speaking in San Dl-
ego in April. 1918.
The writer in question was just
fresh in the United states from a roy
al reception by Carranza and long.
welcome stay in Mexico. The police
OF san Diego interrupted the social
istic writer and speaker just when he
had stated that The American gov
ernment was rotten and the only good
governments in the world were those
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1919-03-22
,f Mexico and Russia!"

OF Mexico and Russia!"
When the police choked off the
speech at this point. the speaker was
promptly invited to leave San Diego
at once. which he did. He has since
boasted that he inspired both eonstf-
tutions of the weirdly conducted gov
ernment-Mexico and BolsheviS Rus
sia--which he had so hikhly CONF
mended, while declaring the govern
ment of America, the land of freedom
and opportunity, was 'Rotten!"
Ii this is true, the United States
must looks to the suppression of Its
home made menaces in the person of
our so-called American citizens and
their poisonous propaganda, before 1t
extensively deports the foreign born
'anarchy-ag agitators.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1919-03-22

1t is not unlikely that much of the
bolshevist strength in Russia is due
to the fancied terror with which boil
shevism is viewed. in other lands. IL
the world will treat them with the
contempt they deserve. the bolsheviki
will lose caste even in Russia and sink
to their merited insignificance.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1919-03-22

ing recent action of the Bay Park and
North Bend mills, the Buehner Lum-
ber company has announced that be-
ginning April a material reduction
in the wage scale will be made. The
company has maintained a minimum
wage of 81 a day up to the present
time. 1t is reported that this will be
cut to s3.20. the scale under which
other mills ON the bay are now operat,
ing. AL n
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1919-03-22

They say that New York will
be so sad after June 80 that peo-
pie will have no heart for dane
ing. l don't believe 1t. I have not
the slightest doubt that the grill
rooms, the rathskellers and the
cabarets of Gotham will be as
popular centers of recreation and
dancing under prohibition as they
are now under the wet regime.
: In fact. with great sobrtety.
with the lack OF stimulant taken
from the glass. am convinced
that the people will take to the
dance to fill the vacuum. ..
! The jazz will take the place Of
the fig. ases<r
In anticipation Of the good
times coming l am now working
on a new dance that I am going,
70 eaIl the Prohibition JasA-v
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1919-03-22
Oystcr Ontpnt Growlng.

SEATTLE, March 22.--over 5000
sacks of seed oysters will be taken
off the states reserves in oyster Bay
near Shelton. WASH, during the cons
ing season, according to word brought
here. In past years the biggest yield
has been 2200 sacks.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1919-03-22
Wifc-ncatcr Is Sought.

THE DALLES. March 22.-Married
here one week ago, James J. Moore
is today a fugitive. charged with hav-
ing beaten his bride with a heavy
strap and with having committed a
serious offense against her 13-year-
old sister. Before her marriage Mr..
Moore's wife was Miss Eva May Spaur
of this city.