davidaulloa/AmericanStories huggingface dataset:
The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1919-02-15
A MAN OF WESTERN
FEELINGS WANTED

Both political parties are st sea
casting about for an available man
for president, especially since the
death of Roosevelt.
As'an. aftermath OF the war there
MAS been . great deal Of talk about
aaking up . man OF military exper-
aence for the position.
Col. Leonard Wood is a national
figure who is occupying constant
'iy larger place in the hearts and
minds of the American people.
Az governor general of Porto
Rica and Cuba and in charge OF the
sanitary reconstruction OF the Phil
ippines he got administrative train
ing.
He was not only a military hero
at Santiago but cleaned up the city
of Havana and stamped out the last
vestiges of the yellow fever there.
1le was one of small party with
Captain Lawton who went into Mex.
leo and won medal from Congress
as the fighting surgeon who tool
Geronimo.
He organized the civilian train
ing camp at Plattsburg and led II
the fight for national preparedness
that ended in the victory ovel
: Germany.
He went over to France and mad,
an independent report on conditions
ON the western military front tina
forced Congress to act.
He was summoned three times be
fore the Senate committee on mill
tary affairs and exposed inefiicienc.
that compelled speeding up war.
A New Highlander by birth, he is
man OF action with true western
er's scope of vision and capacity 70
initiative is necessary.
When he was first sent to CAM
Funston he found it an undraine,
The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1919-02-15
RIGHT UP TO CONGRESS

The copper mine workers of Utah.
Arizona and Montana are urging con-
gress to provide legislation for the
extension of long term credit to for
eign countries to stimulate the cop
per market and relieve critical con-
dition Of this industry. The resolu-
ton also asks that the war and navy
department withhold stocks Of cop
per now on hand, from he market.
The workers appointed permanent
committee to cooperate with the
mine managers in helping to restore
normal conditions. Just as critical a
condition exists in the lead industry.
The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1919-02-15
JUSTICE AT HOME

The Chicago Herald and Examiner
says: Intelligent workers know that
after the war the country and its
industries are like sick man rising
from his bed. trying to get on his
feet again.
Such men are entitled to the coop
GRAFTON of workers. If they do not
get it, there's going to be great trou-
BILE in this country and the workers
will be the chief sufferers"
The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1919-02-15
CZECHS URGE A BOY
COLT AGAINST EV-
ERYTHING
GERMAN

VIENNA, Feb. 14.-The Economi-
cal Association of Prague has issued
a proclamation urging a boycott of
everything German in the Czecho-
Slovak republic. German shops, ply
sicians and lawyers are to be avoid
ed, no German books or music are to
be used, no German theatres fire.
quented; every thing German must
be eliminated from Czech life.
The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1919-02-15

The copper situation ID typical Of
many industries which were bending
every effort toward war Drodnstien.
Our Representatives at Washing
ton apparently fail to realise that
the government sanaot cut on all
it's relations with eur Industries ov-
srnixht without creating Industrial
distress.
Contrasts have been cancelled
right and left on the one hasd while
|on the other 60 forth rumors Of o.
llders to sell hundreds Of nilusan o:
metals, machinery, wool, etc.. all OF
which tends to break down the mar
ket and create confusion and unem-
ployment.
Our legislators while making long
speeches ON what to do for TIE re-
turning soldiers. overlook the fact
lthat immediate and definite action
is necessary to stabilize our indus.
trial system so that our returning
soldiers may find work when they
get here instead of unemployment
The copper mine workers in theil
resolution to congress are sho ain9
more sense and foresight than mos
The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1919-02-15

cesket to relatives and that the war
risk insurance bureau Of bureau of
the treasury would refund actual
burial expenses not exceeding 500
In each case UPON presentation Of the
claims.
Relatives OF the dead Of the navy
and naval reserviss were requested
to write the bureau OF medicine and
surgery as to their wishes and those
Iof the dead OF the marine corps
were invited to communicate with
the commandant Of the corps.
The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1919-02-15

ot our law makers. They have sag
'gssted one definite way y hep sta
biliss . certain lins Of industry.
TO the west the mining isdsssry
can bring prosperity or siaAs ssns~.
a. last year mining IN the eleven
states west Of North Dakota and TEX.
10 created nearly successes new
wealth.
Continued delay and inastica On
che part Of congress in adopting def
mite and constructive measures win
agsravats the situation and causs
untold loss and hardship.
New-York tribune., 1919-07-01
High Call Money Again

The rise of call rates to 10 and 12
per cent yesterday was another remind
er of the dividend and interest paw
ments due to-day. The advance came
as surprise after the remarkably
favorable bank statement of Saturday,
showing the largest surplus reserve
since last January. Some bankers did
not attach much significance to 1t.
however, and were inclined to ascribe
II to the fear on the part of some banks
that Withdrawals would depletc their
reserves. 1t has been the experience
OF a number Of institutions that loans
70 the larger Stock Exchange houses
have declined dcrably in the last
few days, possibly due to liquidation,
and that only the smaller houses have
been compelled to borrow at the high
rates quoted on the Stock Exchange
floor. Many bankers look now for a
period of relative ease
New-York tribune., 1919-07-01
Organize to Protect
Russian BOndho1ders
Committee of Bankers Organ
lied Following Default on
$50. .OOO. 600 !ss,,e

Albert II. Wiggin. chairman Of the
board Of directors of the Chase Ma
tlonal Bank and vice chairman OF the
committee on foreign securities of the
Investment Bankers Association. an
nounccd yesterday that he had appoint
ed the following committee to act for
the protection of the American holders
OF Russian securties
Chairman. J. II. Fulton, vice -presi-
dent of the National City Bank,
Thomas Cochran, of J. ?. Morgan &.
Co.; \. Dean JAY vice president of the
Guaranty Trust Company; Lloyd W.
Smith, Of Harris, Forbes & Co.; Charles
$. Sargent, jr.. of kiAdcr, Peabody &
Co.; Frederic ". Allen, of Lee. Higgin
son & Co. Mr.. Wiggin will be an cx
offcio member of the committee.
The formation Of the above group
was direct result OF the default On
June Is of the principal and interest
OF SoO.OO0,O00 Russian government y
per cent bonds. About a week ago cir
culars were sent to the holders OF those
securities by the bankers interested in
their fotation in this country. in which
it was predicted that they would ulti-
mately be paid off
With this end in view the New York
bankers committee is in communica
tion with the local representatives Of
Russia as well as the officials of tho
kolchak government at Omsk
New-York tribune., 1919-07-01
n. Y. Air Brake Nav
Supplant Krupp's
In Argentina
Representatives of Company
Conferring With Officials
of the Republic Re-
garding Supply of Shells

American engineering skill will sup
plant the Krupps of Germany in turn
ing out the future supply Of shells for
the ordnance Of the Argentine naval
and military establishments if ncgo-
tiations now on between the New York
Air Brake Company and the Argentine
government are consummated.
representatives of the New York
Air Brake Company, headed by Scott
r. Hayes, assistant to Vice President
John {. Thompson Of the company, are
now in Buonos Ayres going over the
matter with officials Of the Argentine
government. The plans under con-
slderatlon are said to contemplate the
construction at the direction of the
New York Air Brake Company of a
modern shell-manufacturing plant TO
American corporation.
The New York Air Brake Company
turned out hundreds of thousands Of
shells and she'll cases for light and
heavy guns for the Allied and United
states governments during the war and
is said to have been one of the most
successful of the American railway
equipment manufacturing concerns
which went into the munitions busi-
ness on large scale. The ending OF
the war found the company with a
large supply of costly and delicate tool
machines used al its Watertown, n y,
plants in manufacturing shells. 1t is
expected that in the event the deal
with the Argentine government goes
through, as is considered almost Ger
tam, a large portion of this machinery
VIII be put on ships at the seaboard
and shipped direct to Buenos Ayres,
where it will be set up in the new
Argentine government munitions plant
to be specially constructed
Advlces received from Buenos Ayres
lndlcate that satisfactory progress is
being made in the negotiations and an
carly decision between the government
representatives and the officials of the
company is expected
New-York tribune., 1919-07-01
Firms Arrange
Private Credits Here
Will Operate Two Steamship
Lines to United States. Com
missioner Saws

Jacob de Julin. president Of the
Commercial Mission Of the government
Of Finland to England, France, Italy
ard the United States, has completed
his work here and is returning to Fin
land next week. Mr.. Julin said yester-
day that during his stay of several
weeks in the United States private
credits have been arranged with local
bankers in favor of Finnish interests
TO pay for commodities purchased in
the United States for export to Fin
land
Larger credits are expected to be ar
ranged in favor of Finland under the
so-called "Davison" plan Of interna-
tional reconstruction finance, which will
include practically all of the European
countries in need of funds to pay for
materials and commodities
Mr.. Julin said yesterday that under
normal conditions Finland would not
have to seek credits, since that country
has enormous stores of lumber, esti-
mated to be worth $4,000 900, avail
able for export provided ships can be
found to carry the product to market.
At the present time Finland is shipping
lumber and wood pulp to England, and
some shiploads Of wood pulp have been
sent to the United States
As soon a. conditions become some
what moro normal Finnish interests
plan to operate two direct steamship
lines between an American port and
helsingfors. It has not been decided
Yet whether New York or Philadelphia
viii be made the port of call in the
United States
Finland has already begun to recon
struct its railways and United States
Shipping Board vessel is sailing from
the United States N,r Hesingfors on
July Is with cargo of locomotives and
car wheels.
New-York tribune., 1919-07-01
Germany Still Cut OFF
From Exchange Market
impossible Under Government
Ban to Remit Funds to
Berlin

Fred !. Kent. director Of the di
VISION of foreign exchange Of the Fed
eral Reserve Board, announced ,.estor
day that until the War Trade Board
issues general license nermitting the
,ransfor of funds to Germany from the
nlted States all dealings in German
exchange in this market arc prohibited
ne statement issued by Mr.. Kent
sad ''N'''
~! nI9 agreement with the American Relief
cd dealers. as defined under the executive
order OF the President Of January g, 1918
are not required to purchase exchange upon
,nG ne; 'oiio",nE countries from the American
Eelof Administration Finland. Poland
Szecho-S loNakla: German AUSTRIA Jugo-
Siavla Serbia, Rumania and Germany
, IN TINS connection attention is called to
the tact that authority to make remttances
to Germany through tho American Relief Ad-
hiihistratlon WAS granted under special j.
ccTse issued by the War Trade Board. which
only .y covered remttances which were madc
through the American Relief Armir1istr;t-
ton. and until the War Trade Board issues
further general license permitting trans
tors of funds TO be made to Germany tha
withdrawal of the American Relief Admin
S'rauoh as medium through which ex-
change on Germany be purchased re-
stored the prohibition against making ro
nnttances to Germany either directly or in
directly. as il has existed under tho tradin,,
WIN lhe enemy act before the War Trade
Board issued the genoral license which an
thorzed rernittances tu I've N,9olo fhroue,h no
American Relief Administrations
The same prohibition exists in connections
with Hungary. the Province of Slovalia, IN
Czecho- Slovakia and that part of Russia now
under the control of the so-callod Rolshevil,
government"
1t was stated unofficia1ly that the ban
on dealings in German exchange in this
market probably would be lifted as
soon as the German people have for
maly ratified the peace treaty.
New-York tribune., 1919-07-01
Aetna Explosives Plan
10 Be Made Operative
Odell Says Protective Com.
mittee Has Received Suf.
ficient Proxies

Enough proxies representing the
bonds and preferred stock of the Aetna
Explosives Company have been re
celved by the protective committee
representing those securities to make
the proposed reorganization plan
operative. Ex-Governor Benjamin B.
Odell. one of the receivers, SAID YES
terday that the common stock holders
would also approve the plan so that
the necessary steps for taking the
company out of rcceivership would be
taken IN the near future.
Under the Aetna readjustmcnt. ap-
proved on May "a by Judge julius NJ.
Mayer. Of the United States District
Court for the southern district of New
York. depositing holders of the OUT
standing bonds are to receive for each
; 1000 bond $3.50 and accrued interest
IN cash, or they may exchange their
holdlngs for series Sc per cent bonds
OF the new company, maturing in
tweve years.
Dcpositing holders Of the preferred
stock arc entitled to receive for each
share S2O.75 in cash and $75 in new
= per cent series "B" bonds, due
January |, 1921. Holders of the com
mon stock are not required to surren-
uc, any part OF thelr holdings, but are
asked to deposit their stock with the
protective committee in order to carry
out the terms Of the plan. The junior
shareholders are represented by +. II
Prince G. Co. Of Boston.
hen the reorganization has been
completed it is expected that MIR. Odell
Will be elected president of the new
company The committee, which has
worked out the details of the plan.
consists of Royal Victor chairman;
George Murray Brooks, William ".
Parke, James n. Rosenberg, Samuel
Strasbourger and Henry Wollman.
New-York tribune., 1919-07-01
The Markets
Uncertain Interpretation

1t frequently happens that when the
stock market for weeks and months has
been recording its expectation Of a par
tlcular event to fall on a particular
day the actual movement when that
day comes Is obscured by other devcl-
opments. Yesterday was the first full
day N which the country as whole
had an opportunity to translate the
signing of the treaty in market terms.
The market had been aiming at that
act FOR the last four months, and many
students of the market had come to be-
llovc that the event was thoroughly
discounted and that prices would even
react when the fact was accomplished,
the theory being that stocks held with
the purpose of selling out on the rise
expected to follow the good news would
be more than sufficient to balance the
influx of new buying.
In any case, no matter which way
the market went, it was thought that
these conflicting forces would make it
unusually active on the day that the
news was out But yesterdays sales,
though exceeding million, made a
comparatively small total against the
average of the last few months. Wire
house and commission buying was dis
appointing in amount. It appeared that
the public itself considered that the
previous advance had completely dis
counted the peace signing for the time
being. But the movement was con
fused by the 10 and u per cent rate
for call money, by hesitation over the
effect of payment of the semi-annual
disbursements tomorrow and by the
intervention of the unexpected fact
that legal peace, with the consequent
removal of blockades, would actually
not come into existence until the Ger
man Parliament had ratified the sig
natures.
The market declined rather sharply
late in the afternoon, and later recov-
cred. The net result was fractional de-
clincs in railroad and industrial stocks,
with strength in few groups, notably
the rubbers and tires.
New-York tribune., 1919-07-01
Wright Heads Clinton
Wright Wire Organization

George L. Wright will head the newly
organized Clinton Wright Wire Com
rany as chairman Of the board. it was
announced yesterday. The other Off
GERS will be: Evan f. Jones, presidents.
John A. Dcnholm, vice presidents,
George +. Wright, vice president. The
board of directors will consist of the
following: Frank A. Drury, president
Merchants National Rank. Worcester;
Paul b. Morgan president Morgan Con
struction Company; Charles +. Fair
banks; Harry Bronner. president Mis-
souri, Pacific Railroad; Richard B.
Young, f. II. Rollins & Sons; George
T. Naphen, Liggett &, Drexel, New York.
New-York tribune., 1919-07-01
Initiation

The assumption, therefore, hat be
cause the Federal Reserve Bank has the
power further to expand credit by a
Illllon dollars or more such credit
expansion will necessarily take place
is, in our opinion. entirely uasaf4. I'm
doubtedly the discounting process can
be carried further. good deal further.
But will it? Has there not already
been shown an unmistahable determina
tion on the part of those in control
to prevent the use of the rc5erva svs-
ten, S facilities for increasing the con
dition Of imitation which airead, eX-
lists Odd lot Reujcw.
New-York tribune., 1919-07-01
Money in July

In previous years July has frequently
been month of tighter money than
June. In June, 1918, call loans ruled
between and . per cent; they went
to per cent in the first week of july.
In 1871 the range for June was
20 per cent, with the final quotations
and 4l4 On July Is, however, call
loans went to 10 per cent, but this
vas ascribed to Liberty Loan opcra-
tons of the government and the trans
fer Of large government deposits fror.
the mercantile banks to the Federal
Reserve banks. In fact, call loans at
thc close Of the month we're and 2is
per cent. In June. 1916, the range for
call money was 2l2 to per cent; on
July il touched AZ per cent; on the
10Th, per cent; but again call loans
we're down to and 217 per cent at the
close of the month. The rise was not
generally attributed TO dividend and
interest disbursements, but to the huge
income tax collections in June lock-
ing up funds in the Treasury and in
me Federal Reserve banks In June
1918, the call rate was and 2 per
cent, and it did not 90 above 2 per
cent in July. The usual July expert
cnce in the money market has been
furry in the first week or two, with
considerable case a. the end of the
month.
New-York tribune., 1919-07-01
Coupons Maturing July 1s9 Payable at the Offices Of
Harris, Forbes & Co.
Pine Street, corner William, New York

Alabama Power Co. Sc Gold Notes.
Albert Lea, MINI. Permanent Improve
mcnt 4l2s
Albert Lea. Mimi, Refundins As.
Albuquerque, N. Mex. Bd. of Educ.
School Building 4'2s.
albuquerque, N Mex. Funding s..
Albuquerque, N Mex. General Street
Improvement IS.
albuquerque. N. Mex, Water S.
Arlington Heights. Ill.,. School Building
is.
Belvldcre. Ill.,, S. D. No. 81 S.
Benton. ILL.,. Refundlng 494s.
Berryville. Va, Water Works $.
Big Rapids, Mich. Refundins IS.
Billings, Mont, S. D. No. s 41s..
Billings, Mont, City Hall 4l2s.
Boulder. Colo, Water Works 4hs.
Bozeman. Mont. Funding As.
Broadvater County Mont, Funding IS.
Burlington. Iowa.
Carbondalc Ill.,. S. D. No. 95 S.
cascade County, Mont, Court House is.
Cascade County, Mont, 3l2s.
Cascade County, Mont Funding As.
Cascade County, Mont, Refundlng IS.
Cass County. Iowa, 4'2s.
Cen'ervlIle, Iowa. Refundns IS.
Centervllle, Iowa. Refundns IS.
Charlton, Iowa. Funding IS.
Chicago Heights, Ill.,, S. D. No. 10.
Clifton Forge, Va, Bridge IS.
Chippewa Val. Ry. 1t. & Pr. Co.. Eau
Clare, Wis. lst Mtge. IS.
Colo. Spgs.. Colo, School Dist. No. II
Refundng IS. Ell Paso County.
Consumers Pr. Co. Is, Lien & Refund
ing Gold IS.
Cook County. ILL.,, School Dist. No. 90
(Morton Park) 412s.
Cook County Ill.,, School Dist. No. 10
Chicago Ets.) Is.
Council Bluffs, Ia, Ind. School District
4l2s.
Cuthber', Ga, Electric Ligh, Is.
Cuthbert, Ga. Water Works 6s.
Danvile St. Ry. & 1t. Co.. Danville. Ill.,,
Ref. Mtge. S..
Denlson & Sherman (Texas) Ry. Co. Is.
Mtge Gold IS.
Derry. N. H.. Water 3 rs.
Des Moines City Ry. Co.. GenI. & Re-
funding IS.
Dexter, Mo-. School Dist School Build
ing 4l2s.
Dlckey County, N. D., 412s.
Edison EIeo. Co.. New Orleans, La, Is,
Mtge. IS.
Eminence. KY, Sc Street Improvement.
Eugene. Oregon, School Dist. No. a
(Lanc Coz IS.
Florence, S. c.. Sewer s..
Ford Co., Ill.,, S. D. No. So s..
Fort Dodge, Iowa, ". ". 4l3s.
Freeport Water Co., ILL.,. IS.
Callain Co., Mont. High School Build
ing 4s
Calla'n Co.. Mont. Rcfunding As.
Genesce Idaho. Water Works IS.
Geneseo Township, ILL.,, High School Dis
lrict 4i2..
Glencoe, ILL.,. Improvement AIS.
Granite. Utah, School Dist. AVS.
Clenwood. Iowa, Refunding s..
Corham, N. H.. Water IS.
Great Falls, Mont. Sewer IS.
Green Bay, Wis, Refundlng As.
Green Bay, Wis Sewer Is.
Greenvllle. Ill.,, Refunding s..
Hamblen Co., Tenn. Highway IS.
Hickman Co., Tenn.
Hlll County, Mont, Funding IS.
R'll County, Mont. Court House &
Jail IS.
Helena, Mont, judgment Funding As.
Hudson. Iowa, Consolidated S. D. S.
Humphrey County, Tenn, Road &
Bridge So
Huntington, W Va. os.
Hyattsvillc, Nd. Sewerage IS.
Inicrurban Ry. Co. Dcbenture Des
Moines. la.) 6s.
Idaho Falls, Idaho. IS.
Iowa Falls, Ia, Refunding As.
ABOVE COUPONS !
Harris, l'orbeJ & Co..
Harris Trust & Savings
New-York tribune., 1919-07-01
B. Il. T. Protective Committee

A committee, of which Alvin W.
hrech is chairman, has been organized
to protect the interests OF TIE holders
Of the Brooklyn Rapid Transit Com
pany's per cent fifty year bonds. ON
hich the April | interest was default
ed. The other members are Julian d.
FArchld and Ogden Mills. Deposits
Of the bonds are asked to be made with
the Equitable Trust Company and the
inHs County Trust Company ci,
New-York tribune., 1919-07-01
The Upward Side

Until the tension has been relieved
n the money market, the stock marke-
VIII move within narrow limits. We
still believe, however, that the tendency
is on the upward side Undoubtedly
many stocks have discounted all that
ma. be expected from the companies
that they represent during this period,
but on the other hand we should be
surprised if this movement came to an
end without a further demonstration
II other classes, particularly in the
steels and coppcrs.-Eoyd yden, Stone & Co.
New-York tribune., 1919-07-01
PierCe-ArrOW

The directors of the Pierce Arrow
Company meet on Wednesday to act on
the dividend. 1t is understood that
the company has left over large sup
ply of trucks built for war purposes.
and that in order to carry these it
may be decided to reduce or omit the
dividend declaration.
New-York tribune., 1919-07-01
Industrial Alcohol

United States Industrial Alcohol
stock declined AN points, to the ac-
compartment of rumors that the com
pany might have to undertake some
new financing. Officials of the COM
pany do not deny this, but state that
nothing definite has been decided upon.
New-York tribune., 1919-07-01
Organize Foreign Credit
Committee at Chicago
FWn1jcj1l Burc1u
Special

l77--77TF-|
CHICAGO, June 3O.-The Chicago
Clearing House announced to day the
FOL loving committee to represent the
Chicago Federal Reserve district in The
countrywide organization that is han
ding tho DAWSON programme of ro-
constructlon finance: John J. MITCHELL
president of the Illinois Trust and
savings bank; George NJ. Reynolds,
pres 'deht OF the continental and Com
mcfclai National Bank; +. O. Wetmoro
nlcs'oent or the First National Bank;
Alexander Leggs, international Har[.a,
ter Corporation. and J. Ogden Armonr