davidaulloa/AmericanStories huggingface dataset:
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-15
PONzI BUBBLE RECALLS
GOVERNMENTAL F|AsCOES
Two Spectacular Dcvintions From
Conservatism Arc Credited to
Great Britain and France.
MANY CITIZENS HAVE LOST ALL
Gct-Rich-Quicls Schemes Attempted
"a South Sea Proposition and
srcnch-AIississippi Company's Eli
nancial Failure.

NEW YORK. August 14.-Develop-
ments In tho Ponzi case serve 10
recall many financial bubbles OF n
spectacular nature which have claimed
places In history.
Ventures that offer spccdy ac-
QUESTION OF riches. wlrilc long n weak
ness or individuals, have sometimes
tempted governments away from the
policy Of conservative investment.
There arc two such spectacular dew
iations In history. the British South
Seas Company bubble and the French
mississippi Company affair, and both
nag equally disastrous results.
some 2O0 years ago the British
and French governments were vic
Tins OF these hasty wealth schemes
"hen they undertook TO eliminate
their unfunded national debts by
VINO were to exchange their stock for
the outstanding unfunded government
ueDt, IN cons ideratiOn OF exclusive
trade rights in certain parts OF the
world.
South Sen Bubble.
During the ten years that tho South
sea proposition nourished, upward Of
<bo.oO0000 worth OF government oh
LEGATIONS wcro turned over to the
company. At one time the concern
mad capital OF nearly s250.00O. 600.
"Hu 49, SNoCh was IoEccu UP l,UJU per
cent. Nearly every one in Grcn,
britain invested in this venture. and
when the crash came thousands Of
families were ruined
About the same time as the South
sea affair. John Law. Scotchman,
induced the French government to
try similar plan by w!plng out
It's national debt. All France was in
an orgy of speculation and the stock
IN tho mississippi company Increased
twenty times In value. The crash
came sooner than did the collapse OF
the south Sea bubble and most peo-
pie In France were ruined.
Speculation in biuc-shy proposi-
lions Is an old and iong story with
iIitic variation. During the nine
tenth century schemes OF "a lot for
a little" were numerous in different
parts OF Europe. 4 lord chief JUS
ticc OF England estimated that from
1881 20 1887 the British public had
lost f2s.000.00O by ventures of this
sort. In recent years IN America the
most spectacular get rich quick"
plan was operated by the Franklin
Miller Syndicate. IN which the no.
toFious i've hundred and twenty per
cent Miller" Was involved.
Cassie Chndwick's scheme
airs Cahsie J.. Chadwick, of Clevn-
lnHd. OHIO. WAS said tn have obtained
S2,unrtpO by operations which she
carried on IN Ohio cities. She was
arrested in 1901 Her method CON
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-15

this $4,000 farm. are none OF the
comforts Of life. Ono room has an
old fashioned spinning wheel and
nothing else. In another room are
TWO Shakcdowns on which the
brothers slept the few hours In which
they were not working. The small
ell contained "a cook stove and pine
table and n few dishes.
Orrin wolfrcy said that on Satur-
day nights and Sundays he cooked IN
the food which lasted them far into
the week. so as not to lose time. There
were no union hours on this farm.
Everyone who drives on the coun-
try roads near the Dismal Swamp at
night, for business or pleasure. ~
eager for news OF the arrest OF the
man or men who committed the foul
deed
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-15
CIVIL AVIATION GETTING
OFFICIAL AID IN ENGLAND
Report of Controlicr-GrncrnI shows
Government Assisting In Aero
Transportation.

LONDON. August l4-i!ritain Is
not altogether asleep on civil av!a-
ton development. aA charged By
MANI critics, That the government,
js doing much 10 further this method
Of trhnspor, is shown by the half
yearly report Of the Controlicr-Gcn-
cral OF civil Aviation, just issued.
Experiments In signals for aiding
night nying, wireless direction find
Ing and radio tclcphoning have all
been carried out with satisfactory
results.
From August &c. 1919. to March
81. 1920. goods to the value OF more
than Sl.GO0,Q00 were carried by the
aerial transport services between
England and the Continent Nearly
$4,000 OF this amount represents
imports.
Clothing OF various description
formed the principal item In both
Imports and exports. Importe also
Included watches and moving picture
hlins: the exports precious metals,
Aims. drugs and pcrfumery
the number Of accidents was al
most negligible. During eleven months
only twcnty-four accidents were re-
ported, only four resulting in denth.
The number Of machine miles flown
per accident vas 2S.S27.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-15
What the New Fashions
Promise

would seem that fashion has at last decreed sill
houette unusually becoming. The slender youthful
te1but modified accented in distinctive ways which
spell the difference between the fashions of 1919 and
the fashions of 1920.
Never before perhaps could fashions be SO successfully
varied to suit the requirements of different still retain
the distinguishing feature Of the New Mode
simplicity Of elaboration of detai- text of new
fashion notes from the fashion authorities.
Fabrics of soft texture pable and urou background
for rich embroidery and beading The Duveyn
almost like velvet in Suits Frocks
and Wraps
Gorgeous autumn coorng everywhere in new
mode Red from vivid tones to rich subdued shadngsevery
lovely tone of browna SOFT odd lead in
favor.
Fur used lavshy suits and coats in huge that
wrap about the throat In suits, slight tendency
toward fitted waist ne rocks this the suggestion
Many of the models have long, ght-tng sleeves,
ing down we'll the hand Skirts and if anything
just bit shorter
Evening frocks may if chooses be pulled wide
hips The preference however, for svelte cngng lines in
frocks for every occasion n
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-15

LEXINGTON, VA. August lI-The
contract for the erection OF the tlOG.-
600 memorial dining hall at Wash
ington and Lee University has not
yet been awarded. although there il
no hitch In the arrangements. The
ana will accommodate COO persons
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-15
FREE ATLANTA WOMAN ON
ENLIGHTENMENT CHARGE
Admitted She Had deceived Money
md lonps from DnnC President
Under Indictment.
~ AFsociatcd Press.1

IIiy NESociatcu Fress.
FAlHBCRN. GA. August 14.-Mrs.
Catherine Queen Bradstrcet. OF At
Superior Court yesterday OF charges
OF completely in cmbezzlcmen. Of
funds from the Fairburn Banking
Company. from whose former vice.
president. William Il. Green. she ad-
mitt"d receiving many presents and
loans.
Green. who was convicted recently.
Is out on bail pending the outcome
OF motion for new trial. TIE
bank was closed when charges wore
made against Green last winter, but
since resumed business.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-15

Women's Dresses Dressy
models in beaded Tricotine,
$3.50 to $500.
Tricotine Dresses = Long
sleeve, tailored and braid
trimmed models, $4S.50 to sos.
For Misses School and Col
lege Wear-Tricotine Dresses
with plated skirts, panel sides,
$3.50, $48.50 and up to $500.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-15
HAS MADE NO DECISION
Report Tint Rev. j. T.. Hicks VIII Go
To baltimore In
Premature.

.c.a! TO Tho -Dispa tch.)
D.ANNTI4Ij. VA, August 14.-Dc-
spite a $ 1,ten1ent appearing In n Balti-
more paper to the effect that Rev. J.
r.. Hicks. ID. d. pastor of the First
baptist Church. has decided to accep,
the call to- that city. he'has thus far
made no decision. members of the
church board said this morning. He
Will make his decision known next
Sunday morning.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-15

sisted OF borrowing money from men
OF financial standing on supposedly
valuable securities. which later proved
worthless.
Madame Theresa Iiumbcrt. a French
woman. followed similar scheme in
her Own country for a period OF
several years prior to 1903 She vas
credited with obtaining millions. and
she and her husband were alleged
10 nave spent SlO.9o0.Oo0. They were
arrested In Madrid and taken back
TO France. where they were sentenced
10 prison.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-15
DANVlllE Is PLANNING
FOR WAR on RODENTS
City VIII Spend $500 In Effort to
Get RID of Itnt Nuis-

Especial to The Times Dispatch.1
DASVTItLE, VA. August i-Dr.
today announced that Il serious EFFORT
Will be made here this month TO
abatc the rat nuisance. il is pro-
posed to spend $500 Immediately in
CARRYING on an aggressive campaign.
headed By a rat-catching expert who
has been contracted for. and who will
be here from Baltimore August %
The scourGe of brown rats hcrc.dur-
Ing the past few weeks has been the
source OF continual complaint TO the
local Health Department.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-15
Now Displaying
Small But Wonderfully Interesting Groups

Fall Suits of Duve de Lame,
Velour, Duvetyn, Tinseltone,
Silvertone, Tricotine, etc, in
plain tailored and dressy braid
or fur-trimmed models; also
College and Sport Suits for
Misses, S49.5O, $500, $500,
$4,000 and up.
Floor Two, West. |
The Glasgow courier. [volume] (Glasgow, Mont.) 1913-current, 1920-10-08
BUSINESS FAILURES ARE
few IN this STATE
Records of r. G.. Dun & Co. Show
State To Be Far Above Average
In Percentage of Failures

There were almost as many business
failures in Montana during the first
nine months of 1920 as there were
during the entire year of 1919, &C.
cording to information just compiled
by Philip S. Rush, State manager for
R. G. Dun & Co. In 1919 the total
number of commercial failures in the
state was only 65, but during the per-
iod from January /, to September 80,
1920, there were 62 business houses
reported insolvent.
The year 1920 has been considered
almost universally by business men as
the most difficult year for merchan-
dising that has been known for a long
time, owing to price fluctuations, re-
adjustments, freight and express rate
increases, and the tightening of
money, and there has been a gradual
increase in the number of mercantile
failures throughout the United States
and Canada during the last five or
six months. Montana, therefore is
not being hit any harder than almost
all of the other states, and consider
ing the condition of crops in this state
for several years, and also the labor
situation in the mining districts, the
surprising feature of the present nine
months failure is that a larger number
of failures is not shown in the state.
The total number of failures, assets
and liabilities, as shown by the records
Of H. G. Dun & Company for the first
nine months Of 1920 follows:
January, Assets $4,000, Liabilities,
$3O,OOO-5
February, Assets $4,000. Liabilities,
$42 ,30O.-7
March, Assets $40, 600. Liabilities,
$57, 1000
April, Assets $45,1OO, Liabilities,
$61, OO0.-7
May, Assets $55,4OO. Liabilities, $63-
500.-13
June, Assets $37,5OO. Liabilities, $40
1902
July, Assets $25,6OO. Liabilities
$36,30O.-7.
August, Assets $6,24O. Liabilities
~$13,690.-5
September, Assets $14,SOO. Liabil-
tiles, $53, 6OO.-7
Total Assets $274,64O, Liabilities
$398,190 Total number of Failures, 62.
When it is also taken into consider
alton that there are now nearly H.
600 business houses in the state, it is
seen that the percentage of failures in
Montana this year is not large or alb
normal. Another encouraging fact is
that during the first nine months Of
1920 there were no large mercantile
failures in the state and no bank fail
ures.
The Glasgow courier. [volume] (Glasgow, Mont.) 1913-current, 1920-10-08
DEMOCRATS SUPPORT G. O. p

DLN1oSIsh1 10 SOIIOh1 u. ". r..
Hundreds of leading Democrats in
all regions of the state are publicly
affirming their intention of support
ing the Republican state ticket as the
best means of combating the men
ace of state socialism which the
league presents. Members of the party
are planning to form a working or
ganization to collaborate with the
Republicans this year in removing
the league as a potentiality in Mon
tana politics. This association will
then be in shape two years from now
to regain control of the Democratic
party machinery for the members of
the party.
Chairman Joseph D. Seaman of the
Republican state central committee
daily receives many messages from
Montana Democrats pledging their
support in the campaign against the
league in Montana and against soviet
ism in America.
The Glasgow courier. [volume] (Glasgow, Mont.) 1913-current, 1920-10-08
IN BANKRUPTCY NOTICE

This is to give notice: That in the
District Court of the United States
in and for the District of Montana,
Martin S. Michaelson, of Wolf Point,
Roosevelt County, Montana, has been
duly adjudged bankrupt upon his own
petition; that the payment of any
debts, or the delivery of any property
belonging to said bankrupt to him
or for his use, and the transfer of
any property by him, is forbidden BY
law; that the first meeting of creditors
Of said bankrupt, for the purpose of
filing and proving claims, the choice
OF n Or trustees, the examina-
ton of the bankrupt under oath, and
the transaction of such other business
as may properly come before such
meeting, will be held in the office Of
Lincoln Working, Referee in Bank
ruptcy, in the Glasgow National Bank
Building, in Glasgow, Montana, on
October 16, 1920, at two o'clock p. m.
Dated: Glasgow, Montana, October
4, 1920.
LINCOLN WORKING,
:. Referee in Bankruptcy.
The Glasgow courier. [volume] (Glasgow, Mont.) 1913-current, 1920-10-08
Red Cross

The Valley County Red Cross has re-
ceived a letter from Mrs. Henry Went
zell, Temple, Texas, asking assistance
in locating her grandson, Corporal
Henry James Wentzell who left from
Glasgow July LIST, 1917. He was dis
charged at Fort D. A., Russell, Wyo.
and was last heard from at Camp
Dodge, Iowa, Oct. 9, 1919. Any infor-
nation as to the whereabouts Of this
ex-soldier will be greatly appreciated
By the Valley County Home Service
Dept.
The Glasgow courier. [volume] (Glasgow, Mont.) 1913-current, 1920-10-08
Improve Your Digestion

If you have weak digestion eat
sparingly of meats, let at least five
hours elapse between meals, eat no.
thing between meals. Drink an album
dance of water. Take one of Cham
b%erlain's Tablets Immediately after
supper. Do this and you will improve
your digestion.
The Glasgow courier. [volume] (Glasgow, Mont.) 1913-current, 1920-10-08

THE MONTANA POWER COMPANY
49, ~- b
=. - No: 2--Capita! Requirements
When Lewis and Clark discovered the Great Falls of the Missouri" in 1906,
they rghtfuDy referred to them in their journal as one Of the grandest
Z sights in nature.
For 14 years they remained just that--nothing more. ~~x.<
Upto II years ago. virtually all the great water powerstes of Montana seredno umfu lpmpose
$ $$$$$$ $$ IF S $=$S FL $ $ :;$ $$ IT, i: $$%$$ $$$ s$ $$$;
toFf fa 2STS ef al q % 6%ed f Se dY Ysf {y Te 1ffns f s sy stE R Hs as at & &st ie Fails sd had 5 PP
The Montana Power Company did na appropriate theses sites
'St IT'LL to a %4 for ? IS year. a%eS =" III" IND MS associates" VINO '0 owned land held udirted
The men Tm% o 4%s@% the moneyto to sydop these water power took what they considered big
tTake the risk Np"S N~~ AN" 7 ~ u" ~S Was '~"$% nv"
These men hoped and expected that apyng business omd be deuehed
developed and would Civ them FAIR hane to make success Of thu enf@me - vic S~e
" VI" Gp este T s%m %% Sf 2ee x& in 1 H&1ea He E T5 5 sT Tm@n s{ 1$%t dn% hundreds fohe'
Of his W e shans speak na mother advertisement
tits plain to very oetM that The Montana Power Company can SELL only the amout ofp owe that
can be poducd at Meb weaA wo he ruer.
Hence the low hast be evned up- thef flood waters held back by dams and nseyons-f use
~a aes n %d 3a a~% dv qfsmsn head 1s d S% 2s w1 hx wk%dS 5j A% Sk the flood and increase
F% building and equFpng1 10 pianist to gaAatep power the Company has e1pendd y900000
10 s9 m~ ds4s 9@t St near %T% s s%%E@ the b%9& ling S f TRANSMISSION P systems HSa comparatively
towns and hanets scattered vera territory 300 miles Mwme-anM a one and onehaf
times uato New England.
"' *%:$ $%% %%ss % Eo%$hr ~ %" % S%&%u and d' d%$u &m 1 ss & %" al "a a e %ss of Oh
system furnishes i&ts % over to v@y CUSTOMER big or #eSs Who @e & '@ps@'
Fs p@t 70 R P%a1 ss tS h GaS sd d R9 %Ses SsS9G %d %f $ nd a No %m ame de sell it cheapy at a
~+* + THE MONTANA POWER COMPANY
JOHN D. RYAN, President
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-06-09
Toilet Needs-One-Day Features at Special Prices

Absorbent for sc Bottles Witch Hazel
9c Williams
Featured Ihuday-temor-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-06-09
Whisk Brooms Featured at &c, 45c, soc

best quality co mdo 75c andT
Benzon 4
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-06-09
Organize Frocks,
$l6.75
For Mis- S e s a n d
JuniorS-UnuSual Values

New Dresses just in our
stocks, plain white and light
shades. Trimmed with laces and
narrow ruff1es. All sizes
PaIais RoyaI-Third Floor.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-06-09

us: ! : ii ) +: :' s; 4; SOC
trimmed with lace
and embroidery; hook-front styles;
some are reinforced under arm. Sizes
So to 48-Bargain Basement.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-06-09

In fancy or tailored models
with long or short sleeves. Care
fully made and trimmed with val
lace, some embroidered and
others hemstitched. There are
roll collars, square collars and
collarless models.
Palais Royal-Thfrd Floor.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-06-09
HUNDREDS OF EXTRA SIZE
Wash Skirts
At SIS, $6.98, $3.50, $3.50,
$8.98 and Higher

Spec1al ATTENTION Has Deefl
given to the wants of large
women by our skirt section, not
just big sizes, but specially de-
signed sizes OF 81 to SO waistband,
and in some styles even size 40.
Cleverly tailored skirts, of
surf satin, mercerized gabar-
dine, cotton tric0tine and
linen.
All in plain white except one
model which has a black pin
stripe. a variety of styles show
ing novelties in button trimmings
and unusual pockets; also plain
tailored and button-front styles.
Palais Royal-Thfrd Floor.
Evening journal., 1920-04-13
EiIDDLETOWN UP in
AIR ABOUT BASEBALL
;neelsl 20 The Evening Journal.

Special 10 The Evening Journal.
MlDDLETONN, Del, April i3.-Now
that the gentle zephyrs Indicate that
the days OF real sport are again at
hand interest OF local fandom Is turn
Ing TO the all-absofbing> question OF
baseball The question arises In the
minds or many. rs Middl>Own going
TO have a teamg" The principal prob
lem this year. as is usually the case,
js TO nnd a really capable man willing
10 devote his time aud energy 80 dl-
rcciing such a team An invitation
was received early In The year from
The Dcl-Mar League TO place a team
In that circuit but after vainly en-
doayOring TO find someone 10 take
action on the matter, u was ilnally
dropped. because II was known that
as the team would have 10 be almost
entirely reorganized with young play
ors. n was considered doubtful n they
would be able % hold their own In a
league OF that class.
The problem This year will be an ex-
ceptionaliy bard one. for whnevcr Is
plucky enough 20 take the managerial
reins and give the town a winning
team. The players who have before
made Mddletown famous throughout
the STATE will not be with The team
this season, and indeed ~ Is conceded
tha, The playing days OF many Of the
old stars are numbered. The break
down or the old guard IN the Elkton
series last fan gave plain indications
that many on the 'yeis' were ready to
drop out and give way 20 younger and
spryer men. These older players had
become So surremely conndeni In their
own ability TO win every game that
they no longer felt the need Of prac-
tice. Consequently. when the real lest
came the grand old team" cracked
and was beaten at almost every start.
When The season again opens 70 VIII
have 10 be with practically new team,
men who are willing TO practice and
10 win their positions on their own
individual merits and not through any
fayorlielsm. There are at present just
three men who look 10 have any
chance OF regalnlns their former po-
Evening journal., 1920-04-13
KEYSTONE BOYS Box.

Enthusiastic boxing fans TO the num-
Der OF 500 witnessed the boxing bouts
al Py.hian Castle last night, under the
auspices OF the Keystone Field Club.
A number OF six-round contests were
held, the fsns enjoying the novelty.
About 400 women were present among
the audience.
Perhaps the best bout OF The evening
was the four-round contest between
Joe Martin and Danny Msrtello. Joe
came out ahead after a whirlwind
exhibition.
In the other bouts Joe Hall and
Bobbio Mahan drew In six rounds (:
Kid sun bested Tommy Leach In six
rounds; Joe Chsdwlck won over Tom
my Perkins; Ralph Raymond out
pointed George Burns. and Joe Jacobs
and Spike Hayden wresiled a i5-mlnuie
draw.
Entertainment features included a
buck and wing dcnce by Fred Sauer-
wine and Presley Rash. and solos by
William Seidel, Hughey Bralnerd and
Areila Aranda, the latter singing IN
Spanish.
All the boxing bouts Wyre cspably
refereed by George Null.
Evening journal., 1920-04-13
PRIZES AWARDED
FOR ARMY ESSAYS
fContinued from FIrst Pase.l


from the Crosby and Hill Company.
and a third prize Of So from The Eve
ming Journal.
Fourth prize. Genevieve Hsggerty. OF
ST. Paul's Parochial School. who viii
receive a boudolr lamp from the Foord
Furniture Company.
Announcement will not be made for
some time as 20 the awarding OF the
three cups by the United states Army,
which are the master prizes OF tlle
contest. Further consideration will be
given 10 the essays In Washington, and
the results will be published In The
Evening Journal as soon as known.
Lieutenant Russell stated this morn
ing hat the pupils from Delaware
schools who participated In the essay
contest are 20 be congratulated FOR the
fine showing they made in the contest.
Thirteen essays were returned from
the main Office in Baltimore. where the
preliminary Judging for this district
took place and the local judges had
these from which TO select the four
winners. The local Judges appointed
by Lieutenant Russell were Harold
Keats. head Of the Wilmington Com
munity Service; John Z. Krauss. OF the
Kiw5nis Club. and James Z. stein. or
the Manufacturers Association. The
Judges were unanimous in picking The
local winners. The essay OF Miss
Schimei Is understood TO be a clear
exposition OF what advantages a young
man could get from joining the army
The prize winning essays win be
printed In these columns on a later
date.
Lieutenant Russell desires 10 thsnk
the prize donors. the superintendent
and teachers OF the local publis
schools, the heads OF the parochlai
schools and the pupils themselves for
their hearty cooperation in the con-
test.