davidaulloa/AmericanStories huggingface dataset:
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-01-17
.DESCHANE|'|L| e.
ELECTED !, { ! | ! ]. By B !
The FRENCH
Session: Of National Assem-
bly, Represents a. Social
Function. J.

Versailles, Jan. 17.-Paul -.Descha-
mel was elected president OF France
by the national assembly here today.
NJ. Bourgeois began the. proceeding
by drawing from q box the. name of
Senator Sabaterte, who opened the
voting: The roll call then proceeded
alphabetically. !. s.:e, ~,
Marcel sembot and Rene Viviani,
socialist leaders, abstatned from vot-'
ing.
It was declared shortly after the
session opened that the socialists had
decided to vote for M. Deschanel.,
There were $40 senators and. depu-
ties entitled to vote. Premier Lloyd
George OF Great Britain came to Yer
saalles Tor the ceremony.
me roll call for the vote was read
py the secretary. As each member's
name was called ne walked forward
60 the steps and received from one
usner SINAI! white bal! about the
SIZE OF an ordinary marble. He then
advanced to the voting. receptacle,
wncn looked mucn Nke an American
Dailot oox. dropped his ballot into
the wooden slot ana then handed his
oau TO anotheE usher, who kept tally
on tne members voting: !,
me only printed ballot distributed
AS Genera! Castelnau, the most
eminent solder elected to the cham,
per OF oeputies voted, ne was greeted
with tremendous cheering
N. Descnanel received Ts4 votes.
, Paul eugene Louis Deschanel.
statesman and author, Is known as
one OF the most prilliant pubic
speakers OF france: He was born IN
Brussols IN lS61, during the exile In
Belgium OF his father, Emile Des-
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-01-17

Clintonvi1le. Wis. Jan. 17.-Martin
Van Patton, is, has just awakened
from q ten day sleep that has puzzled
physicians. The lad went to sleep
apparently in good health January S
and remained asleep for ten days
This was the second experience Of the
kind for the boy, as once before he
slept 48 hours, eT-
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-01-17
VESSEL FLYING
u. S. AND POLISH
!, FLAG LEAVES N. Y.

Danzig, Frfday, jan The
Kosciuszko, first vessel flying the
direct trip from. New York, has ar
rived here with q cargo sof American
Red Cross relief supplies. The news
papers in long editorials call atten-
ton to ''this new proof OF American
friendship toward Poland"
Developments Of the port OF Dan1tg
and the esta ablishment of the Polish
American line are regarded as of the
highest Importance to the future of
the country ssa
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-01-17
More Freedom In
New York Voted
For Eamon De Valera

New York, Jan. 17.-Preparations
were completed at the city hall this
morning for formal extension to
'Eamon De Valera, president of the
Irish republic,"' of the freedom OF
New York. voted him upon his ar
rival in America by the board Of
aldermen.
! The ceremony marks the opening
of the campaign here to raise a $780,
900, ,o80 loan for the republic Of
Ireland"
Mayor Hylan and Mr.. De Valera
we're scheduled to speak
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-01-17
Former German Ship
Will Leave New York
On First Trip Under
Great Britaiin's Flag

+ New York, Jan 1.-THE former
German passenger liner Zeppelin. re-
Gently turned over to the British min
istry of shipping and allocated to the
White Star line. will leave today for
Liverpool on her first voyage under
the, British flag. She will not carry
passengers. Upon her arrival in Eng
land she will be put In dry dock for
overhauling and reftting. She win
eventually be entered in the passenger
service between New York, Plymouth,
Cherbourg and Southampton.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-01-17
Supreme Court Goes
Four to One Against
House Bill Number SO
TELEGRAPHlC BRIEFS

y Paris-A partial lifting Of tho
blockade to permit the supplying of
medicine, agricultural machinery and
other needed commodities to the pop
ulation Of interior Russia In exchange
for grain and fax was approved by
the supreme council. .s7
Bismarck The state supreme court
declared ineffective at this time
House Bill SO providing that all acts
Of special sessions of the legislature
should become operative in ten days
after adjournment.
Dublin-Preliminary returns in the
municipal elections in Dublin show
successes for the Sim Fein candi-
dates.
Mexico City-Mexican residents in
the United States are warned not to
testify before the senate sub-commit-
tee Investigating Mexican affairs un-
der threat Of facing charges Of trea-
son in a statement from the foreign
Kalamazoo-Sams Langford~ was
given the newspaper decision over
jeff Clark in ten rounds. W.
st. Paul-Clonie Tate stopped Billy
Whalen in two rounds.
Omaha-Joe Stecher defeated John
Pesek with two falls out Of three.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-01-17
TWO WISCONSIN I.
PEOPLE AWAKE
AFTER LONG SLEEP

sheboygan.. Wis, Jan. ,17.-Miss
Leila Zastrow Of this city, who slept
for six days, has awakened and her
condition is improved
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-01-17
WEATHER FORECAST.

Minnesota: Fair and colder
TONIGHT; Sunday generally fair
and continued cold, exccpt prob
ably Light snow in southve
portion. q
Il North DakotA: Fair 4nd con-,
timed cOld In nuFthoast. snow In
\ weet ana south poet tlons, tonight
! 6and Sunday; not quite - cold "a
,vgel4 portion fOnl1lh
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-01-17
HOLDS Bills
NOT EFFECTIVE
/. UNTIL ! ! J. JULY /
This is Regarded as One Of
Most Important Court
Decisions.
Practically. Every Conten-
.. tion. Raised by Sheets
h. Al. .... Is Upheld.
Especial to The Herald. J

Illat n SPECIAL 6SeSlOu Cl tno l06ASNd~
tive assembly is governed by the con-
when the acts of q legislative assem-
bly, shall become. operative as laws,
and is subject to the legislative powN
er of the people reserved in the 1n-F
itiative and referendum In the same
mannersTas regular session of the
legislative assembly" the supreme
court in a four to one decision late
Friday afternoon ruled that House
Bill 60, which attempts to give ef-
feet within ten days from passage to
all acts of the recent special session
is ineffective as law until July J.,
next. .s
This. probably the most important
decision in the history Of the supreme
court, appears to have come as q
surprise to the league administration,
which had confidently expected. that
I.emke, vice president Of the National
Nonpartisan league. would be. upheld
by. the court, four of whose five mem
hers were elected with the endorse
ment of the league. The opinion OF
the court is written by Associate
Justices Bronson and, Birdzell. and Is
especially concurred In by Chief JUS
tice Christianson and Associate JUS
tice Grace. The court upholds prac-
state sthrough Assistants Attorney
General Sheets and Cox. who urged
the bin before the bar Of the supreme
In hrief, the court holds that the
legislative power pursuant to the con-
stitution is vested in the legislative
assembly and in the people through
the Initiative and referendum: !.
This. legislative power. pursuan! !!
rnav haSe6CHCtSe0
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-01-17

tcc.nt.na'lsaa ''.l,' ] q Passslb.,
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-01-17

Continued y on. pare. 4. j, ]
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-01-17

Z 'Kalamazoo-Sam' Langford~ was
given the newspaper decision over
JEFF Clark in ten rounds. ~
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-01-17

~ st. Paul-Clonie Tate stopped Bill
Whalen in two rounds.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-01-17
. Out of a
Anoll1er KRort

It IL now expected that. although
three .of the four Justices whom the
league elected 70 the supreme court
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-01-17

Omaha-Joe Stecher defeated John
Pesek with two falls out Of three.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-01-17
Destroy LAuuoE. 7

Minneapolis. Jan. I7-Police Chief
]. F. Walker today supervised the de-
struction of $4,000 worth of liquor
seized in raids during the past few
months. 1t was poured into the sew
er from a room in the county court
house on orders of the district court.
There were seven barrels and five
kegs of raisin whiskey and several
cases Of whiskey beer and wine.
New-York tribune., 1920-07-29
London Money Market

LONDON, July 2s-Bar silver. 5shd
per ounce; bar gold, 1O8s Cd. Money,
5ta per cent. Discount rates: Short
bills. 6G6M per cent; three-month
bills. 6}3G6M per cent Gold premiums
at Lisbon. 140.
New-York tribune., 1920-07-29
Lower Commodity Prices

The statement of Governor Harding
of the Federal Reserve Board, that i'm
provemcnt in traffic conditions in the
Middle West was being felt in in
creased grain receipts at milling CEN
tiers, is confirmed in steadily declining
prices in the large grain markets.
Wheat and corn are selling well below
prices of a month ago and sharp
decline IN -four was announced yester-
day in Minneapolis. The tendency to-
ward lower prices has had the effect
of bringing cut accumulations of las~
years grain, especially wheat, which
exporters now find available in large
quantities. The old crop accumula-
tions on July were far ahead of last
years figures, according to government
statistics announced yesterday, and it
is believed that much Of the stock was
held by spectators, who are now be-
ginning to unload before prices go
lower.
New-York tribune., 1920-07-29
Bankers to Confer
On New Railroad
Financing Problem
Seek to Convince Interstate
Commerce Commission 1t
Should Nos Restrict Inter-
est Rates on Securities

a group of New York bankers will
confer in Washington to-day with
members of the Interstate Commerce
Commission in an effort to reach an
agreement over what constitutes a fair
interest rate for new railway securitv
issues. There has been a deadlock in
railroad financing for the last few
weeks because bankers have felt that
the rates should be higher than those
suggested by the commission.
Among the bankers who will confer
with members of the commission are
f. j. Lisman. of F. J. Lsman & Co..
and Theodore Prince. of L. NJ. Prince
& Co.
Since June 27, as provided for by
the new sDortation act, it has been
incumbent upon the Interstate Com
merce Commission to pass upon new
railroad issues, but the act does not
specify that it has the power to fix the
interest rate on these loans, except
those granted from the government
lending fund In view of the fact that
the interest rate on these latter loans
is limited to per cent the commits
sion has taken the stand that the rate
on public offerings should be the same.
Bankers differ from this view, hold
ing that 6 per cent coupon is under
the current market rate for money.
With this idea in mind they have gone
to Washington to try to convince the
commission that in order to carry
out plans for new railroad financing
the interest rate should be left for the
borrowing companies and the bankers
to determine
New-York tribune., 1920-07-29
General Motors

Much of the heavy selling Of Gen
eral Motors on Tuesday, brokers said
yesterday, was for the short account.
This was indicated by efforts of the
firm, which was credited with having
sold $4,000 shares in Tuesdays market,
to borrow a large block of the stock
after the close on that day. Other re-
ports were to the effect that the stock
thrown overheard the last two days
was part of the new issue underwritten
by J. p. Morgan &, Co., but over 80 per
cent of which was taken by General
Motors stockholders. While it was
evident that the selling was of an ur-
gent character. it was stated yesterday
that large blocks of the stock were
bought on the way down by the du
Points and other interests of the com
pany. Whether or not General Motors
was made the special target of the
bears may be demonstrated within the
next few days, as the news now com
ing in concerning the credit situation
is much better than recent rumors have
indicated.
New-York tribune., 1920-07-29
Money and Credit

The call money situation was easier
yesterday than at any time this week.
Although the renewal rate was per
cent there was a decline before the
close to per cent. With the freeing
of large amount of frozen credit in
the middle West, due to the moving of
last years grain crops, it now appears
that the moving of this years crops
will not be so serious problem as was
supposed few months ago.
Yester- Year
day. ago.
On mixed collateral. 49,. 8 6
On industrial collateral 8 6h
Time money (mixed col
lateraO:
Sixty days ..........s@sA 5A@s
Ninety days .8@85 5A @6
Four months .......9MS1a 5a4 M6
Four to six months.80S1a 5AM6
Bank Clearings-Bank clearings at
New York yesterday were: Exchanges.
$676,943,656; balances, $50, ,729, ,4S6.
Silver-London, 561sd; New York,
domestic, 99Ac; foreign, 94Ac; Mexi-
can dollars, 717sc
Sub-Treasury-U States funds:
Reserve credit balances, $53,7O3851.
Canadian Exchange New York funds
in Montreal, $133.12 premium per
$1,000; Montreal funds in New York,
$117.48, discount per 81 600
New-York tribune., 1920-07-29
RenlogIe Steel Breaks

A break from TIN to 70 in Replogle
Steel yesterday was one of the most
severe declines this stock has suffered
in a long tiMe. But within ten min
utes after touching this low figure it
had rebounGeG to rs. Although selling
at comparatively low price the gyra-
tions in ReDlogle have been almost as
sensational as those in many of the
higher priced issues, such as Crucible
and Mexican Petroleum. This is prob
ably due to the fact that control of the
stock rests in the hands of u few. who
can do with it marsetwise about as
they please. At it closing quotation
of 74A the stock VS. AS point
under Tuesdays last sale.
New-York tribune., 1920-07-29
In Wall Street
Street Still Gloomy

When the market yesterday failed to
follow up the slight rally that took
place in the last hour of trading on
Tuesday the speculative element again
took courage and proceeded to sell
stocks freely. They met, little resist
ance in the way Of new buying power
and forced Steel common at the close
down to 87A, new low for the year
days close. Some houses with an i'm
portant clientele. however, reported
that they had been buyers on balance at
the end Of the day. In these quarters
it was stated that most of the selling
was from the same speculative group
that was credited with being largely
responsible for the big bear drive on
Tuesday If this is true there must
now be a greater short interest in the
market than for a long time.
New-York tribune., 1920-07-29
Union Oils Recent Purchase

Replying to inquiries as to whether
the purchase by the Union Oil Com
pany from the Texas Company of con-
troll of the Central Petroleum Com
with the Texas Company, Charles II.
Schlacks, president Of The Union Oil
Company, said yesterday: "Acquisition
by Union Oil Company (of Delaware)
of control of Central Petroleum Com
pany is an outright purchase for cash
from the Texas Company and has no
other significance so far as the Texas
Company is concerned. Central Petro-
leum is a holding company for one
of the largest and most valuable oil
producing properties in Oklahoma. and
this purchase establishes Union Oil
Company as one of the foremost pro-
ducers in that field
New-York tribune., 1920-07-29
Borrowing at 9 Per Cent

Brokers still find it next to impos-
sble to borrow money on time The
banks simply won't accomm odatc them
under present credit conditions One
broker this week, however, managed to
borrow $4,000 for six months pc
riod, but he didn't get it from his
banker. AS it happened, one of his
best customers had a surplus of funds
and he loaned the amount to the broker
at per cent. The broker had to put
up $125,000 in prime securities to back
the loan.
In discussing the credit situation the
Mechanics and Metals National Bank
says: "The depression in wooden,
leather, textile and other lines and the
lowering of many prices are other
forces aiding loan contraction. Again
there has been a slow but reasonably
steady decline IN government borrow
ing from the banks. Though discounts
against commercial bills held by the
Federal Reserve banks are now in the
neighborhood of 1,25O,0OO,0O0, COM
pared with only $250,000,0O0 a year
ago, discounts against government OBJ
legations have fallen slightly and now
stand at $1,250,000, 900, against $1,500,-
100000 at this time last year. This
government borrowing has been the
least satisfactory element in the bank
ing situation, and the more rapidly it
is paid off through the proceeds of
taxation, the sooner can the banks re-
sumo in full their normal function of
financing the seasonal requirements of
trade. A final factor helping to bring
about defation of credit and greater
ease is the high interest charge itself
Just as the discount in foreign ex-
change rates brought about by the lack
of balance in trade tends in turn to
restore that balance. so the high rate
of 8 per cent for commercial borrow
ing, not previously approached in thir-
teen years, will work to discourage bor-
rowing and consequently to bring about
dehation and lower rate. The fall
crop financing demand and other fac
tors should maintain rates at their
present levels for possibly the remain
der of the calendar year, but after
that there seems likely to be definite
tendency toward easier conditions"
New-York tribune., 1920-07-29
The Dollar i'm Foreign Exchange

break of more than three cents in
the pound in sterling exchange was
the outstanding feature of the foreign
exchange market yesterday. Offerings
OF grain bills were heavy and the for
eign news was not so favorable. Re-
ports of trouble in Rumania were con-
sidcred disquieting.
New-York tribune., 1920-07-29
Delaware & Hudson

Sentiment in the railroad list was
helped yesterday by the announcement
that Delaware & Hudson directors had
declared the regular quarterly dividend
of 2A per cent. A month ago a bear
campaign against the stock was launch ed
on the belief that the rate would be
cut to per cent at least, while in some
quarters per cent was spoken of. The
action Of the stock yesterday indicated
that most of the short sellers had COW
cred, as the closing price was only a
point above Tuesdays last sale. This,
general deposition of the market to
ignore news of favorable character.
New-York tribune., 1920-07-29
A Bull and a Bear

81 am a bull on stocks and a bear
on money" said prominent member
of the Stock Exchange yesterday. He
thinks that the tall of a credit strin-
gency has been greatly overdone and
that IA IS for money are bound TO
work lover as the result of the gem
eral slowing up of business through
cut the country. This broker expressed
the opinion that Wall Street was prob
ably in for q surprise if it felt that
the supply OF credit was to undergo
another pericd of drastic curtailment
in the coming months.
New-York tribune., 1920-07-29
Dividends
Extra

standard Milling Company An extra
dividend OF per cent share has been
declared in addition to the regular quar-
terly dividend of per cent on the com
mon ana ! Y per cent on the preferred, all
payable August 81 to stockholders of rec
ord August 81.
New-York tribune., 1920-07-29
Brake Shoe Special Dividend

American Brake Shoe and Foundry
Company has declared special divi-
dend of 81 share on its common stock
(newl, payable August 81 to stock OF
record August 90.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-10-30
BRADSTREEI'S REVIEW

New York. Oct. 29.-Bradsgeets to-
morrow will say:
The trade and price movement Is more
irrcs ular. but on the whole rather less
one sided than in the preceding week.
further retrogradc movements in whole
sale trade. production. employment ana
prices seeming to be partially balanced
bv slight Improvement in retail buying
and Il fairly distinct hardening in prices
Of farm products. which may or may
not prcsagr "A turn in the hitherto ebbi ne
tide Of trade distribution. On what
might he tremcd the instructive SIDE
or the situation is To be cited slight
increase in buying IT reta!l-a quite
distinct gain ir"m qp,nt 10 fair being
noted from the apparent dead low point
of last Tcck--the cause of this being.
:,tures or prospects OF more normal
weather conditions west and south;
though more attractive prices at retail
are cited as 4 cause in some lew mar
kcts. Keekly bank clearings {S,22S,o2S.-
Geo.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-10-30
MT. PLEASANT

The neighhors and friends Of Mr. and
Mrs. David buchanan. spent Friday eve
ming Of last week at their homo. social
time was enjoyed by those present ana
a fine luncheon was served 10 the fol-
lowing guests: Messrs. and Mesdames.
David buchanan. John krinkc. Henry
Zeyer, l.. E beckett. Asa Harbourt'
DANES. Sophia Hooper. Finley Rhodes
Of Salem. o.. Bertha Bess. OF lorkville'
Messrs. NJ. C. button. Marion Dutton.
Johnnie Krinke, Charles Icyer, weldon
button, Jesse Dutton. David HARBOUR.
Misses Goldia Phillips. Ircne HarpourI.
Helen Harbourt. Edith button; Mary
Hooper, Alice Dutton. Eliza BETH
Scheehla. Catherine Krtnke. Master HaF-
old and William Schechlc:
Football team of SmitAheld played
the football team in this place as.
Friday afternoon, the score was IL 10
in favor OF Mt. Pleasant:
Mr.. and Mrs. Lee Smith or canton,
spent n few days at the home or ms
pa rents Mt. and Mrs. Frank Smith.
Mrs. Walker OF near Emerson. VINO
fell. is slowly improving.
Mrs. Ben Harbourt Is spending Few
weeks with her daughter. Mrs. VIII
Farmer. in Martins Ferry.
Mr., and Mrs Paul Harbourt and child
Of Mckeesport. Pa. were visiting at the
home OF his mother Mrs. Matte Har-
bourt
home one day last week.
Rev. and Mrs. willis were out Of town
callers this week
Mr.. and Mrs. John Watkins Of near
MAYNARD spent a few days at tho home
of their daughter. Mrs. Oliver buchanan:
Miss Ford. one OF the high school
teachers, resigned and Rev. Lodrick Is
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-10-30
CHICAGO LIVESTOCK

Chicago. Oct. 2e.-tu. s. Bureau or
receipts 5000; quail
ity very, plain; beef and butcher calls is
and feeders steady to stronger; bulls
and choice veals slow; heavy calves
and range cattle strong; best steers,
here. $500; bulk $9oOWl5 IS; cows.
mostly S5.25@lO 90; boloEnra, bulls n1n sS ~
heavy calves $7.75as so; stockers and
feeders ;6.00Ql0 rs.
Hogs. receipts $4,000: uneven; fairly
active; mostly 10 TO lbc higher than
closing easy; top early $3.50; bulk light
and butchers Sl2.60413 90: bulk pack
Ing sows sl1.90Gl@ 10; pigs steady to
pigs $l315Gl3 %.
Sheep. receipts 5000: fat lambs 2S TO
iDc higher; TOD natives $3.50; bulk ma
tives $l:.5o8{3 20: fat sheep 2Sc high
er: choice feeder western ewes 37.25:
bulk natives $6.26@7 90; feeders steady;
choice western lambs $500.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-10-30
SUGAR MARHT

New York. Oct. .s.-The local raw
sugar market today was easier, closing
at -. for Cubns & t. equal TO S.26 for
centrifugal. There wcIr sales or $500
bags OF Brazils afloat and November
shipment ut 7c@7hc elf and "250 bags
OF PcruS rN-storc at SIS G>ty paid.
In refined the domestic demand Is
light and OF a hand TO mouth character,
although recently some cH~ort business
has been put through It, bIiny reported
that Greece purchased about 1000 tons.
Prices were unchanged at II TO 1cc for
fine granuated. The inactivity OF raws
led to further scattered selling In ~.
lures and closing prices were IS 10 20
points net lower. Wal! street and trade
interests were the leading sellers. and
while business was of fair proportions,
considerable was In the form OF switch
ing from the near TO the more distant
positionS,