davidaulloa/AmericanStories huggingface dataset:
The Bridgeport times and evening farmer., 1920-08-14
Governments Sought To
 Make Money Speedily

control of the scheme decIded upon conversion of the entire oafance oi the British debt into the companys stock, which if succ essful HH'aid nave given the company a capital or around s25O, ,0OO, ,Oo0
 It would also have secured a practi- cal monopoly of the trading ana pahh- ing business of the nation.
 The Bank of England and the East India Company opposed this project. Compel titive bidding by the Bank led the South Sea Company to offer to pay the Government S6, 5oo GOO in con sideration of all holders of Govern ment securities except the Bank Of England and East India Company, converting these holdings into South Sea stock
 The Government in turn was to pay at first 5 per cent on it's obligations acquired by the South Sea Company, then 4 per cent. The advantage to the Government was to be the saving of one per cent. in interest and the receipt of 37,500,O00 in cash. Profit to the promoters was to come from stock market operations. By manipu- 1ation South Sea stock was forced up 200. 300. 500 and finally 1o50 per cent.
 As their terms with the Govern ment were for even exchanges, the promoters accumulated large amount of treasury stock which they were able to sell at the advanced prices. The magnitude of the opera ton and the rapid advance in South Sea stock brought other promotion schemes into the field and a wild orgy of speculation ensued-
 The collapse when it came was su dden and severe. The exchange of public securities for the company s stock had been achieved, but the spectators were most of them ruin ed.
 The Government, according to the Bankers Trust Company's study, had to surrender it's right to the s37,- 5OO,000 and to make the company a temporary loan of $5,000,000 in the form of Exchequer bills It also had to pay the interest at and later, per cent on the company's hold ings of government securities. Strangely enough, the company itself remained solvent though conspirators in the scheme were punished and the public victimized. It existed as a pub lie debt holding corporation until 1854
The Bridgeport times and evening farmer., 1920-08-14
BUILDING ROADS
 IN FACTORIES

Many plans for highway construc- ton this season have been set aside, owing to high construction costs. Meanwhile the people are paying a very high cost for dragging com modities over bad roads. Less ex- pensive methods of construction are needed.
 In Wyoming they are going to try an experimental road made of con- crete built slabs made in factory and hauled to the spot. It is claimed this is cheaper than hauling mater ials and making the road along the way.
 Concrete slabs could be built cheaper in factory located near suitable materials. than in any road side outfit to which the materials had to be hauled a long distance. It is claimed these slabs can be handled economically by locomotive cranes. One would think that on any soil affected by freezing and thawing, frost would heave them out of place But on dry and sandy foundation, it looks like a. hopeful method of operation. It is an experiment to be watched with interest.
The Bridgeport times and evening farmer., 1920-08-14
CONNECTICUT PATENTS.


 The following were granted August 10, 1920. List compiled at office of A. M. Wooster. Bridgeport. Conn: Will liam A. Flliasson. Bridgeport, lasting machine; Deimar G. Roos, Bridgeport, engine indicator; William J. Newton, Bridgeport. tosgle switch plate de- sign; William J. Newton, Bridgeport, double toggle switch plate design; De Yer H. Warner, Bridgeport hose-strp- porting loop design; Joseph M. Rice, F. A. Joseph and A. D. R1hpp, New Haven. rubber footwear and method of manufacturing same: John F. Do Ian, Hartford, clamp; Karl E. Teller, Hartford, glass feeding machine and process; Ebert L. Couch and G. Fl, Corners. Hartford, cigar; William uo Pierson, Waterbury, eyelet machine; John Boryk, Ansonia, noisy toy: Ju- Illus Brenzinger, Fairfield, can body
 side seam soldering machine; Helen
 s. Carson. Stamford, thread cutter;
 Fred. c. Nieibling, 'Southington, square
 and beve1 structure; Jesse A $. smith,
 Stamford typewriting machine; Nafh
 B. Rogers. Dannury. lighting Fixture
 design. Trade marks: B. Shonlnser
 Co.,. New Haven, pianos; Cheney l Bros. South Manchester. fabrics oi
 silk and silk mixtures.
The Bridgeport times and evening farmer., 1920-08-14
State Insurance Funds
 For Workmen's Compensation

ble to any state, no matter how sparse the population. It is based upon the theory that every cent con- tributed by industry should go to those who are injured, or to the fam lilies of those who are killed, and not one cent to private profit
 Sixteen states have established state accident insurance funds; and five provinces of Canada-Manitofba having just come into line-now provide compensation insurance at cost through exclusive state funds.
 Recently Miles M. Dawson, consult ing actuary, New York, made official investigations of the state funds in Ohio, Pennsylvania and New York. In a favorable report just issued by the American Association tor Labor Leg islation whose "Standards'' for work mems compensation laws emphasize the need of exclusive state funds, MT Dawson writes:
 "All three funds thus examined were found to be in sound and pros porous condition. Tested by correct and even stringent actuarial stand ards, they possess ample surplus over all liabilities, immediate Eld contin- gent Compared with stock insurance companies they result in savings of millions of dollars every years to en-
 
 viding most certain and liberal bene- fits to injured workers and their families. In low expense of manage ment they set new records, not mere ly for themselves, but for all car riers of workmen's compensation in surance throughout the world. Most important of all, these investigations show the superiority of state funds over commercial insurance companies and of the exclusive state fund, as in Ohio, over all other carriers. That is the finding of most immediate and direct interest to employers. em- ployees and the public"
The Bridgeport times and evening farmer., 1920-08-14
ALMANAC FOR SUNDAY

If your wants are not sup piled try Times Want Ads. Pack up your troubles in a Times Want Ad.
 Get the habit of reading Times Classified Ads!
The Bridgeport times and evening farmer., 1920-08-14

A nationwide campaign has been launched by organized labor to secure the adoption in all states Of exclu- sive state insurance funds for work mems compensation, similar to the Ohio law.
 This advanced action was ordered in a resolution unanimously adopted at the recent Montreal convention of the American Federation of Labor which in vigorous terms condemns private profit taken by commercial insurance companies out of the mis- fortunes of injured workers.
 '"The American Federation of La for" the resolution states, has re- peatedly appealed for the elimination of private profit ir the operation of the workmen's compensation laws. In the state of Ohio the law has work ed to the advantage of the wage workers and with the elimination of private companies much greater ben efits are available to the injured workers. We have appealed in the past to the various state federations to have them work for the adoption of legislation which will give to the state alone the control and operation of the workmen's compensation law. The present law in operation in Ohio is one that other states can safely follow.
 The resolution instructs Secretary Morrison to call the attention of the secretary of each state federation to the Ohio compensation law with the request that each state federation pc tition for the enactment of similar legislation in each state."
 Before the vote was taken a ques- ton was asked whether the Ohio plan for an exclusive state accident fund is applicable also to states ot small population.
 "As a citizen of Ohio," replied John F. Frey of the Holders union, q would say the Ohio law is applica-
The Bridgeport times and evening farmer., 1920-08-14

Tho desire to make money speedily In ventr-es out of the beaten path of Conservative investment is not con- fined to, individuals. Governments have sometimes yielded to it, says the Bankers Trust Company of New York. and with discoura@ing results.
 Such was the experience of the Brit ish Government some 200 years ago when it undertook to get rid of the unfunded national debt by backing an operation into which it entered with the South Sea Company. The details arc presented in a study of English Public Finance" by the Bankers Trust Company.
 This venture, according to the study, was based upon the fund of credit" idea Fund of credft'' was a theory prevalent in the latter part of the 17th and earlier part of the 18th centuries It was the basis of John Laws famous "Mississappt Gonnpany,N which about ITS had such a meteoric career in France.
 Also in pursuance of this idea the Bank of England was organized. The entire original capital of the Bank as well as part of the deposits were loaned to the nation. This left the Bank as a basis for conducting it's bush eas a fund of credit" founded upon its loan to the Government Similar was the policy of Parliame ent in forcing the East India Company to pass on to the Government in ex- change for its obligations the pro- cecds of its sales of stock
 The 'fund of credit theory was ap- piled in the South Sea Company's scheme by the granting by the British Government to the South Sea Com pany of a monopoly of trading rights in the Pacdhc ocean, and almost ex- cluEdve trading rights in the south western Atlantic
 In consideration of these trading rights, which were expected to have great value, the company was to ex- change its stock for the outstanding 'unfunded government debt and in ad- dition was to pay the Government &2 5000 The Government was to pay the company interest at the rate of 6 per cent per annum upon all Gov ernrnent secIri ties which it should thus acquire and in addition $40, 900 year for management
 The conversion offer was accepted between I'll and 1719 by holders of about $6o, GOO 900 of Government obli- gntions- Then those associated in
The Bridgeport times and evening farmer., 1920-08-14
25,0O0 WORKERS
 |. ARE LAID OFF

Akron, O., Aug. 14-Production. of autom obile< tires chief industry of this city, has reached low ebb of the year and 25,000 workers have been laid off. according to rubber com pany officials. They say the upward trend Is not expected before Novem- Der 1, and until them half-time shifts will be the rule.
 Railroad and coal strikes, tighten ing of credits and 1essening of de- mands following weather not encour- aging to touring, are among reasons cited for decreased production.
 No surplus labor problem is report ed in Akron, as workers laid off have generally found employment elsewhere.
The Bridgeport times and evening farmer., 1920-08-14
USE ARROW AND
 BOW ON SHARKS

ventura, Cal, Aug. 1s.-Huntins sharks with bow and arrow is the latest sport to be introduced in ven- tura county.
 pr. P. K. Roberts and Harry Van de Linder reported exciting experi- ences after Q day at Point Magu. passed in hunting sharks in this man. ner
 In many instances, they said, the sharks started out to sea with the arrows sticking in their bodies and it required speed on the part of the hunters to overtake them.
 These sharks are not man-eaters, which are not known so far north.
The Bridgeport times and evening farmer., 1920-08-14
Kodak as you go

Picture ahead-an along vacation way-pretty per haps romantic spots that you will want to record for future retrospect.
 Sentiment aside you'll find heap of fun and lot enjoyment if make kodak companion while away
 We can supply any size kind from $286 up.
 You mail your film rolls packs to us for devel- ong printing instead of waiting to get ho1nethey will receive the careful attention you called in person-hey will be returned to you quickly finished as you direct.
 We develop any size roll or film pack for 10c.
 Prints are 4c 5c, and Sc according to size.
 Fourthh front
The Bridgeport times and evening farmer., 1920-08-14

You have put off buying that silk dress-you have said can do without pretty figured silk kmona, perhaps some dainty washable silk undergarment you wanted to make
 Realize your hopes in this silk saving event which starts Monday morning.
 Satin messaline 36 inches wide in navy taupe Afri can brown, copen and black value $25O $185 yd. Fancy silks for Things and kmonas-36 inches wide, value $3. Choice of quite assortment of pretty de- signs $2 yd. Wash satins for undergarments, etc., in ivory and desh-36 inches wide-value $3, $2.15 yd. Heavy satns for dresses-4O inches wide-colors sapphire navy, taupe, dark brown and black Value $3.5o Special $2-25 yd. Crepe meteor 40 inches wide in navy and black only Value $4 Now at only $2.95 yd Crepe de chine in maize navy, gray nile green, dark grey taupe dark copen turquoise, flesh, pink ivory and African brown. $25O Kobe crepe 3S inches wide soft lustrous in ivory pink, light blue and helotrope. Value $2 Special
 $145 yd Splendid quality of dress satin 36 inches wde colors navy, Japan blue, ivory noleskin amethyst seal brown wisteria aupe, coral medium grey old and black. $3.50 yde
 Third floor front
The Barre daily times. (Barre, Vt.) 1897-1959, 1920-05-18
ACCIDENTS INCREASED.
With the More Extended Opening Up
Of Road Traffic.

With tho increasing amount of au-
tomobile traffic Sundays the number
OF automobile accidents commence and
this morning about Il reports Of sun
dsy accidents were received at the see
rotary Of states Office. These included
Edson Palmer of Waterbury and L. q.
Allen Of Barre in a collision Of auto
mobiles near the Moody plant in More
town. No damage was done. George
Norton Of Brandon repOrts that he ran
into a team upon which there were no
lights a. provided by law. Earl Titus
uf StraiTord reports that one Of the
Young people. who were riding in his
car. was driving MS car and il went
over a bank Those in the car escaped
injuries excepting one girl who received
a bloody nose. Henry Williams Of
Tuubridge reports that while Mr..
Kennedy was driving his car in Chelsea
8 tipped over. doing about $50 damage
and that Mr.. Kennedy wa pinned un-
der the car but escaped injuries.
Leon Straw Of Hartford reports that
he ran into the team driven by N. III
Moves ~ Sharon and that auother
but bigger automobile was the cause
of she trouble because Mr.. Straw had
turned towards the team, resulting in
running into e.
The Barre daily times. (Barre, Vt.) 1897-1959, 1920-05-18
ALL FRENCH TROOPS
BACK nv OLD QUARTERS
German Newspapers Print Stories Of
Threat of Fine by French in Case
of Disorders While French
Were Returning.

Cobienz, May lT.--Ameriean suthori-
ties here were informed to-day from
Mayence that all French troops which
had been in Frankfort and other cen
ters in the main district had returned
to the Mayence bridgehead. Five hours
were required for the French and Bel
gian units east of the Rhine to with.
draw.
German newspapers here printed re.
ports that "a a guarantee against hos
tile demonstration in The occupied
district. President Gussmann. the chief
of police. the mayor and several city
councillors Of Frankfort were informed
that they were considered to be at the
disposition of the French command as
hostages during the retirement II is
also said that officers of Frankfort
were notified their town would be LA
bic to fine Of one million marks in
ease Of disorder There is no confrma.
tion of these reports.
Police officers al Frankfort were
cautioned against permitting demon
-trations and the walls Of the city
were plastered with posters enjoining
manifestations.
The Barre daily times. (Barre, Vt.) 1897-1959, 1920-05-18
RUTLAND FIRM FAILS.
Vermont EvapOratOr Co. Has Debts Of
S22,oi6; Assets sl6,4o5.

Rutland. May lS.-The Vermont
Evaporator company of this city filcl
petition in voluntary bankruptcy
in the Office Of the clerk OF the United
States court in Burlington yesterday.
The assets are given as Sl6,403 and
the liabilities S22.Ol6. Some Of The
principal liabilities are for materials
used in the manufacture Of the COM
pany's goods. There are many other
debts
The debts for merchandise include y.
A. Steward OF Rutland for Sl,lS0. O:h-
er Rutland creditors are Clement Ma
tional bank. 5000: Catherine Kelly,
S2.O00: Daniel J. Ford. SlOOo The
corporation owns no real estate, but
leased the plant
For assets they have debts due from
farmers Of sl.aso. merchandise, 500,
notes Sso6S. and the rest in equip
mcnt and miscellaneous items.
Rober, y Moronev of this city j.
president % the insolvent concern and
Timothy Ford also Of this cry -
general manager. The plant is located
in .he Vermont School seat supply Co.
building on Strongs avenue They
have been engaged IN The production q
evaporstors. spouts ard ether goods re-
qu.Ted for The produe I'm Of maple
syrup and its b products
The Barre daily times. (Barre, Vt.) 1897-1959, 1920-05-18
GRANTED A NEW TRIAL.
DR.. Joseph Homer Was Found Guilty
of $4,000 Robbery.

Boston. May lS.-Dr. Joseph Homer
Of Los Angeles. Calf, who two years
ago was sentenced to serve from two
and one-half to four years in state
prison for robbery, was granted a new
trial by the full bench Of the supreme
court to-day.
DIR. Homer was found guilty Of hav-
ing robbed Mrs. Madge +. Wilbur at a
hotel here in 1917 to the value Of Sl5,-
900. Unable 10 obtain S6.5O0 bail, he
had been confined in the Charles street
Jail for the past two years.
Mrs. Wilbur testified that she was
compelled TO surrender her jewels TO
Dr. Homer at the point Of pistol.
DIR. Homer denied he had a revolver
and sought TO show that her evidence
on this point before the grand jury
was different from that given at the
trial Formal proof Of her testimony
before the grand jury was offered by
counsel for Dr. Homer. but on obiec
tions by the district attorney the court
refused to admit the evidence. 1t was
on this ruling that the full bench up
held the prisoners exceptions and or
dered a new trial
The Barre daily times. (Barre, Vt.) 1897-1959, 1920-05-18
CLAIM WOWAN PUT
POISON IN FOOD
Mrs. Anna Tomsskiewicz Is Being
Tried for the Murder of Her Hus-
band-She had Taken Out In
sufance on His Life.

Northampton. Mass. May ls.-At
the opening Of the court this morning
District Attorney Thomas J Hammond
outlined the case Of the commonwealth
against Mrs Anna Tomsskcwicz, who
j. charged with the murder Of her hns-
band. Andrew Tomaskiewicz. OF South
lIadley by poisoning him. Mrs. Tomas
kiewicz was married to Tomaskiewicz
the 10th Of November. 1918.
On the Sth of December she took out
industrial insurance on the life of her
husband Several months later she
took out more insurance. in all about
$500. On third Of Aug Tomaskiewiez
was taken sick and died at the Holyoke
hospital August II in great agony.
The nature Of his sickness was such
that physicians who attended the man
pronounced the symptoms Of tho dis
ease a poisoning. The examination Of
the stomach showed that arsenic had
been given in food administered TO To-
maskiewicz. On the third Of Febu
airy she was indicted for murder. said
the district attorney
Besides the motive for committing
the crime. she had every opportunity
for committing the deed, living a. she
did with him as his wife, said the dis
trict attorney.
The first witness was John Baresk Of
South Hadley. who lived in the house
with the Tomaskicwiczs. who testified
that about ten DAYS before he died at
the hospital Tomaskiewicz said he was
not feeling well aud wanted = Doctor
The second witness. Michcacl "
Baske. neighbor to Toma skiewicz aud
wife, said Tomaskiewicz vas drink
ing man and was drunk every saturday
night. He testified that Toma skicwbg
wanted 10 have a doctor called before
he was taken to the hospital Mrs
Tomsskiewicz said she would not have
a doctor She said she would not have
a doctor in the house
The Barre daily times. (Barre, Vt.) 1897-1959, 1920-05-18
Vermont's Presidential Pri-
mary To-day Will Prob
ably Be Holloy n fair
ONLY MILD 7 \ REE
OF INTER- &. SHOWN
Because Ii s Hinges on
the Re g of Two
Party Voting

Vermont's presidential preference pri-
mary opened at II o'clock noon to-day
and will continue until 8 o'clock this
evening, when the town and city clerks
will receive the returns for transmits
sion to the Vermont secretary of state.
Only mild degree of interest was
shown in the primary because of the
fact that no names of Democrats ap-
peared on the ballot as candidates for
president and only two Republicans,
Major General Leonard Wood and vii,
liam Grant Webster, had been filed.
Many Republican voters were prepar-
ing to write in the name of some other
candidate, as the Democrats were
forced to do if they participated in the
primary at all.
The result of the primary was not
to be binding on the delegates chosen
to attend the national conventions Of
the two parties.
The Barre daily times. (Barre, Vt.) 1897-1959, 1920-05-18
State VS.. Frank C. Williams
Was Submitted in Su-
preme Court To-day
CASE IS ASSIGNED
TO JUSTICE SLACK
ttorney-General Archibald
Was Unable to Be
Present

Supreme court reconvened at
O'Clock this morning following the
weekend recess and the arguments
were commenced; but before this the
case of State VS.. Frank c. Williams
malfeasance in office, was disposed Of
by the case being submitted on briefs
Attorney General r, c. Archibald was
unable 10 be present, but j Ward Car
yer was in court and the papers were
submitted, the case having been as.
signed to Justice L. p Slack.
A decision was given relative 10 the
matter OF the papers in the case Of
Hiram j., Sparrow. administrator OF
estate of Harriet Bailey vs. Vermont
Savings bank, in which tine papers that
have been cmpounded with the clerk
are TO be returned to the defendant
Judgment was affirmed in the case CT
A. W. Farman vs.. John j. Willis in
Orleans county.
The arguments were made this morn
ing in the Windsor county case Of Mrs.
Margie Gates vs.. A. g. Dewey company
ct al. This is case appealed from the
commissioner of industries, who grant.
ed compensation to the plaintiff a. q he
survivor of William Gates. who claims
the plaintiff died as result of iniur-
les received while employed by the
Dewey company.
The Barre daily times. (Barre, Vt.) 1897-1959, 1920-05-18
MONTPELIER FIRM
SIGNS FOR So DAY
Bonazzi & Bonazzi Plan to Open Their
Plant To-morrow-Firm Employs
About Two Gangs.

The granite manufacturing firm Of
Bonazzi q Bonazzi of Montpelier this
morning signed an agreement with q
committee of the Montpelier branch, G.
c. /. A., for an s. day and the firm ex-
poets to open up for business on that
bass tomorrow morning after a sus-
pension since April 2 The firm en-
plovs about two gangs of men.
The agreement was signed by +.
Bonazzi of the firm and by President
Alex. Mcmillan and Secretary Arthur
Knights of Montpelier branch along
with other officials OF the branch. Com
ferences have been in progress for
week.
When asked regarding the matter
this noon, Mr.. Bonnazzi said the action
was partly caused by what he called
3 boycott" by granite quarrying
firm in the Barre district Mr.. Bonazzi
recently was vice president OF the
Granite Manufacturers association.
The firm has a quarry in Maine.
Some Keene Cutters Sign for $3.50.
keene, n. H., May ls.-The Victoria
White Granite CO. plant at Fitzwilliam
has signed up with the granite cutters
for $3.50 day TO Sept. and s.
day thereafter, and the men have re-
turned to work