davidaulloa/AmericanStories huggingface dataset:
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-07-01
Bad News:
Butter Up g Cents.

Butter was boosted cents a
pound by wholesalers Thursday
morning,
Bricks arc now quoted at 81
cents, and cubes at 56 cents a
pound.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-07-01
PLATFORM
PLANKS in
PROGRESS
League OF Nations Res0lu-
ton Is Adopted After Bit
ter Controversy

SAN FRANCISCO. July Fol
lowing Is a resume Of the leading pro
posals submitted TO the full commit
tee on resolutions by the subcommit
tee. They must be approved by tho
fun committee before being put into
the democratic platform for submis
sion TO the convention:
WET AND DRY ISSUE
The subcommittee made no refer
cncc, directly or Indirectly. in Its re
port on prohibition as an issue
IRISH QUESTION
Recommends that the advocates OF
Irish freedom be assured that theiI
cause viii be taken up by represeri
tatives OF the United States govern
ment in the league Of nations. which
provides a forum for discussion Of the
rights Of independent nations or de
mnnds for Independence by subject
nations.
LEAGUE OF NATIONS
Recommends ado. .tion of the Vir
approved BY President Wilson.
This was adopted after a fivc.hour
battle in the fun committee, lasting
until 4 o'clock this morning, with an
amendment by Senator Walsh. OF
Massachusetts,. which might be con
strued as "a distinct modification OF
the previous administration position
MENICO-
Assures support 10 stable Mexi
can government, properly estab
lished. extends sympathy TO the Mex
lean people in their long trial and
warns that the rights OF Americans
on both sides Of the border must be
scrupulously respected
SOLDIERS BONUS
Emphatically opposes a cash bonus
for soldiers who served in the great
war.
LABOR
Affirms right Of collective bargain
ing; reaffirms the principle OF tho
eight'hour day; declares arbitration
has proved unsatisfactory in man,
instances as means OF settling dis
putes between employer and ON
ploye. and recommends, therefore
that when the rights OF the public
are Involved. tribunals should be es
tablished, one TO hear grievances and
attempt to settle them. and a second
one with power to finally settle.
WOMEN AND CHILDREN
IN INDUSTRY
Opposes child labor and recon-
mends measures for Improving the
conditions of women I'm industry: rec
ommends laws that win better safe
guard the health OF children and
prospective children
GENERAL TOPICS
Pledges the party TO enactment
and enforcement Of strict laws to pre-.
vent profiteering; reaffirms the par.
tvs tariff principles; indorses the ad.
ministration recommendation OF Il
budget system in the government. TO
eliminate waste.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-07-01
SO. Tanker
Brings Bit
of Relief
But It's Only a Bit
the Supply Is
Limited

ons year ago. on July I. the
thirst Of nation was born,
Exactly n year laier. the good
ship Drake hove into port Mt So
attic filled with $50. 600 gallons.
s..m..lx..t
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-07-01
GGI ID |

know everything. 80
- am taking the lib
crty Of writing you 90 get little
inside Information" SO starts a
recent letter to me.
At the age OF 10 was definitely
convinced that I knew everything.
Ten years later I began 20 suspect
that there were several things I
didn't know. Ten years after that
I came TO the conclusion that there
was VERY little that absolutely
knew. and today would hesitate
TO pick out any single topic and
assert that I knew all there Is 70
know about IL.
And ten years from now. II
keep my health. and keep studying.
and keep an open mind. | probably
won't know any more than l do
today. but will have discovered
a lot OF error at present in my sys.
TEN and have thrown Il out.
One thing I have discovered. that
the men who actually know the
most, like men OF science. research
students who probe deep into the
vitals Of truth-these men always
arc modest. retiring. and the more
they really know the less are they
certain that they finally know any.
thing.
Whenever you find a positive.
asseruve. loud .bawllng. desk.
humping know-it-all. whether he
be editor. preacher. labor leader.
politician. Chamber Of Commerce
member or reformer, you can mark
that man down for a light weight
lin proportion 70 his noise and
assertion. you viii find his igno-
rance.
This correspondent goes on
to inquire whether IL would
he cheaper for him. as
N9f2I small home owning tax.
~ payer, 10 pay the in
crease in taxes that would come II
we kept the scent carfare, or u u
would cost him less 10 pay the "a
cent fare.
Many people are wondering
about that in Seattles today. and
probably all OF them consider that
the personal cost to them IL all
there is 10 II, and that IL II costs
more TO pay the higher fare than
IL would TO pay the higher taxes,
then the scent fare should have
been kept.
And yet the problem II far from
being that simple. II one honestly
desires to get at the truth Of II.
Doubtless my correspondent will
nay moro out in cash this year for
his sA cent fares than he would in
Increased taxes.
But IL will cost him less finally
10 pay his way each time he takes
q ride.
II looks like, with this higher
fare. that the downtown realty,
and the business houses. and the
big citizens who ride In autos are
escaping part Of the load that they
would tote as taxpa yers II the def
cit was made up from the tax levy.
But you will find that business
men and landlords. and big men
dealing in public necessities. final.
Iy pass on their taxes to the ultl-
mate consumer. and that finally IL
fs cheaper 10 pay directly for yous
ride than to let them pay for il
and charge you overhead. and
bookkeeping. and cost Of collec-
ton, and depreciation, and repairs,
and the rest.
C0ERE IL another little idea.
You can escape paying
the Increased fare by
tk3 not riding; but you can't
escape taxes.
Once department. gets on the
Uurn to Page z. Column o.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-07-01
WOMEN AND CHILDREN
IN INDUSTRY

Opposes child labor and recon-.
mends measures for improving the
conditions OF women I'm industry; rec.
ommends laws that win better safe.
guard the health OF children and
prospectivo children
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-07-01
GENERAL. TOPICS

Pledges the party TO enactment
and enforcement Of strict laws to pre-.
vent profiteering; reaffirms the par.
tvs tariff principles; indorses the ad.
ministrations recommendation OF n
budget system In the government. to
eliminate waste.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-07-01
rs IT SEEMS
TO ME
DANA SLEETH

EAR MR.. SLEETH.
Every one ~ OF the
opinion that you
know everything. 80
am taking The LID.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-07-01
LEAGUE or NATIONS
NiENICO-
SOLDIERS BONUS
LABOR

EmphaucaIly opposes a cash
for soldiers who served in the
xxfor
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-07-01
WET AND DRY ISSUE

The subcommittee made no refer
cncc. directly or Indirectly. in its re
port on prohibition as an issue
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-07-01

HIS correspondent goes on
to inquire whether IL would
he cheaper for him. as a
small home owning tax
payer, 10 pay the in
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-07-01
DEMOCRATS May BEGIN BALL0TING TODAY
Oeather

Tonight and Friday, fair;
moderate Uesterly icindS.
Temperature last - Hours
Maximum. 10. Minimum, SO.
To-day noon. 90.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-07-01

IL another little idea:
You can escape paying
the Increased fare by
not riding; but you can't
escape taxes.
Once a department gets on the
Uurn to Page z, Column 81
The New York herald., 1920-01-23
ROADS RETURNING
TO NORMAL BASIS
Steady Betterment in Operating Con-
ditions Noted in Report on
Eastern Region.

WASHINGTON, d. c., Thursday.-A
gradual return to normal railroad operat-
ing conditions. following the end of war
time transportation demands, and a con-
tinued growth in export freight business
were indicated in the annual report Of
A. r. Hardin. Regional Director OF the
Eastern region, to Walker ID. Hines. Direc-
tor General of Railroads. The report OF
Mr.. Hardin set forth in detail the work of
the roads In the Eastern region for 1919.
Figures included in the report showed
that following a decrease in February OF
1873 per cent in the net ton miles of freight
handled, as compared with February, 1918.
which in March dropped still further. until
II was 32S per cent below the 1918 figures,
the freight situation gradually improved,
until in October the net ton miles handled
for October, 1918. Passenger traffic main
tanned a steady increase over 1918 figures
throughout the year.
In export freight the Eastern region
railroads handled more than twice as
much traffic as was handled by the roads
during 1918 or 1914, and ~ per cent more
than was handled in the record year of
1918.
The report gave the following figures
showing the amount of freight delivered
to ships at New York city for the years
from 1913 to 1919:-In 1913 3,3i1 124 tons;
1914. 3.2S5.5i7 tons; 1915. 4,79S 750 tons; 1916.
6.5l9i22 tons 1917. 6,2a9 1856 tons 1915 7,3i06 694
tons. and 1919. 7.S66.5S2 tons.
The increase in export freight traffic,
the report explained, was handled in spite
OF three different strikes of marine work.
ers and tboatmen in New York Harbor
during 1919. The report outlined the steps
taken to meet the situations which grew
out of these labor disturbances, and said
that the congestion in and about New
York Harbor made it necessary to re-
route freight by all rail routes to New
England.
The report said a campaign for fuel Geo.
nomy had saved about S920O,0OO for the
Eastern region lines and an additional
saving of s7955.000 had been made by con-
soldatipS operations at various terminal
points
Freight claims in the Eastern region are
now being adjusted more promptly and
probably with less friction with the pub
lie than ever before. Claims unsettled
on December I. 1919 were l15,000. against
393.41S on December 81, 1918, and 262 4s0 on
December g. 1917 The roads paid out in
1919, however. s36.O0,0o0 on account OF
loss and damage. against sl7 ,1lo,624 in 1915
and $40. .261 100 in 1871.
THE return to normal conditions" said
the report. has resulted in reversal
of the tendency which was noted in 1918
in that there has beer a substantial in
crease in westbound freight traffic and a
decrease in the eastbound. resulting in
a more evenly balanced traffic, the per.
centage of loaded to total car miles in
September showing an increase of ap-
proxima tely per cent over corresponding
month in 191S.''
The New York herald., 1920-01-23
Name Board to Aid
in Management OF
Guaranty Trust Co.

Charles H. Sabin. president OF the Guar
anty Trust Company OF New YORK, yes
lterday announced the appointment OF a
managing committee to direct the admins
trative work Of the company's operations
as an aid to the president. the chief ex-
ecutive head of the business. The appoint
ment of the committee was approved at o
meeting of the Executive Committee of
the Board of Directors held yesterday
and it will undertake its new duties at
once.
II will be the function of this commit
tee to administer and coordinate the gen.
eraI work of the company through its
various departments, select and direct it's
personnel and be responsible for working
out the policies of the president and di-
rectors through the organization. IL VIII
act with full authority under the presi-
dents direction.
The committee selected consists of five
vice presidents of the company. Albert
Breton. w. p. Conway, Il. w. Stetson.
Harold Stanley and +. II. Sisson. The
members of the committee will be OF
equal rank and authority. BY the plan
adopted the committee will select chair
man from it's own membership each year
through the process of rotation. Mr.. Breton
having been selected as chairman for the
first year.
II is believed that this method of organi-
zation Is desirable in order TO meet the
rapid growth of the company. which now
musters a staff of $500 people. operating
through four offices in this city and five
foreign offices, besides numerous subsi-
diary and affiliated corporations.
The New York herald., 1920-01-23
ARMOUR & co. EARNED
S14,O98,506 IN 1919

After allowing for federal taxes and
charges. the net income OF Armour &
co. for the fiscal year ended November
1. 1919. amounted to s1i.0es.5o6. accord
ing to the annual report issued yesterday.
That is equivalent after preferred divi-
dends to $f3.i1 share on the 500. 200. 900
common stock of 500 par value. IL COM
pares with sti70 n share for tho fifty
three weeks ended November 2. 1918.
Gross sales were 81 .o3S 900. 900. as COM
pared with sS61000. 900 in 1918. The
surplus was 11,112.Ss3, as compared with
s13,247.S37 Assets and liabilities of the
company were s49O.S09,6i3. as compared
with only s404,2s6.359 in the preceding
year.
j. ogden Armour. in his remarks to the
stockholders. calls attention to the bal
ance sheet covering the value OF lands,
buildings. machinery, &c. which Is ap-
proximately SIS 900, 900. as compared with
SIG, 100000 In 1918 The increase of s12,-
600. 900 represents, he said. additional
manufacturing facilities. part of which
consist of a modern packing plant at st.
Paul. which has a capacity for slaughter
ing 900 cattle, 10000 hogs and $500
sheep daily.
The Board OF Directors OF the company
has been increased from thirteen TO four
teen. Charles II. MacDowel. president of
the Armour fertilizer works. was added
- Ihs Board.
The New York herald., 1920-01-23
II. I. Pratt Denies
Merger Rumors for
Metropolitan Trust

In view OF recent rumors that tho
Metropolitan Trust Company would be
merged with some other institution
Harold |. Pratt. the newly elected presi-
dent of that institution, has written TO
stockholders and clients of the Metro
poitan Trust announcing that there has
been no material change in stock owner
ship and that none is being considered.
Mr.. Pratt rectes the changes in the
personnel OF the staff of officers made al
the meeting Of the board held January O.
These changes have already been an
|nounced. Mr.. Pratt succeeded George G.
Van Tuyl, Jr, as president. and Harold
|B. Thorne was elected senior vice presi-
dent to succeed Beverly Chew, resigned
In his communication to stockholders
Mr.. Pratt submits brief statement of
the condition of the Metropolitan Trust
Company and outlines the policies which
will govern il in the future. He says
I'm December the surplus was reduced
by 81 100000. this amount being applied to
the book value Of the investment securi-
ties, the market value OF which had de-
preciated because Of the abnormal state
Of the security market. This reduced the
company's assets TO approximately their
actual liquidation value, which is re-
flccted in the enclosed condensed state
ment az OF January ], 192"
AT the meeting of the board OF January
3. the future policy of the company was
fully discussed suggestions from other
institutions that we amalgamate with
them were considered and rejected, the
board being unanimous In it's deter
mInation to inaugurate progressive
campaign for new business In all depart
ments. | accepted the presidency TO carry
out this plan and the platform of the
new administration is to be along progress
sivc. vet conservative lines. offering to
the clients of the company in the bank
ing. commercial and trust departments a
fully equipped organization to meet any
calls that may be made upon it.
There has been no material change In
stock ownership during the past year. and
/ am advised that none is considered. nor
is any further change now contemplated
in the personnel Of the staff"
The New York herald., 1920-01-23
PRICES GENERALLY LOWER AT
CLOSE OF BUSINESS ON THE CURB

Business on the Curb yesterday con-
tinued on small scale. with price changes
narrow and generally lower. Traders
found the condition convenient in supply
ing the demand in two of the recent addi-
tions to this list which sell on ''when
issued" basis and therefore do not neces-
state any financing OF contracts.
De Beers Consolidated yielded about /
point and the other issue, in which pro-
fessional selling was discernible, Orpheum
Circuit at one time, suffered a loss of l5s
points, selling TO 1914. General Aspha II
moved over a range of points on small
offering, closing 1ia points lower, and
moderate recessions were sustained in
Simms Petroleum. White Oil and Gilliand
Petroleum, Standard Oil of New Jersey
yielded 4 points to .I52 on a few transac-
tions and then rose TO $50 on the following
purchase.
Aside from a decline of points in New
York Shipbuiding trading in the industrial
shares was mostly within a range Of
point and lacked any particular feature.
Submarine Boat and United Pictures were
in support. while an easier tone developed
in the British American Tobacco issues
and also in the subscription rights of that
concern.
The mining shares maintained fairly
strong tone at recently current levels.
In the bond department most activity
was shown in the new Belgium Govern
ment per cents. which were in demand
at a premium above the subscription QUO
tations. Philadelphia Electric Us, when
issued sold at 977s and s'ss and inter
borough Rapid Transit rs were traded IN
at 72% and 49, Transactions were reported
in both external issues OF Russian Govern
ment with sales at 32
The New York herald., 1920-01-23
IB. r. GOODRICH COMMON
PLACED ON s PER CENT BASIS

At meeting OF directors OF b. +. Good
rich Company held at Akron. Ohio, yes
terday the common stock was placed on a
6 per cent annual basis. During the last
four years it has been on an annual basis
of per cent.
In placing the common stock on that
basis the directors declared an additional
dividend of " of per cent on the COM
mon, which. with the dividend of l per
cent declared last October. makes the
total of 1ls per cent. A S1a per cent divi-
dend was declared on the preferred stock.
Ia per cent payable April l and 19i pay
able July J.
The net sales Of the company for the
wear ended December 81 1919. amounted to
s141: 500, ,Ooo and net profits before federal
taxes totalled $17,250.0oN.
The New York herald., 1920-01-23
OIL CONCERNS RUSH
DRILLING IN MEXICO
Companies Expect to Start
Twenty-Five New Wells
at Once.

American oil companies with holdings In
Mexico expect to materially increase pro-
duction as a result of the agreement
reached between the corporations ana
President Carranza. Since 1917 there has
been practically no new development work
in the Mexican oil fields by American COM
panies as a result of a decree issued dur
ing the war by Carranza prohibiting drill
ing new wells.
The new decree permits the drilling of
new wells until the next session OF the
Mexican Congress, which convenes the
first Sunday In July next. At that session
the Congress will act on Article p, which
American oil companies have regarded as
confisca tory of their rights, and prop
critics. American oil companies hope that
the decree will be made permanent. They
believe Article 27 will so be amended as to
permit them to continue the development
OF their properties.
In the meantime all American COM
panies are planning an extensive drilling
campaign on their properties and leases.
kilograms have been sent to their field
managers instructing them to proceed at
once with the work of locating new wells
and for the construction of rigs on the
locations. 1t was estimated yesterday
by an official of large oil company
that approximately twenty-five new wells
will be started within a short time. Ma
terial for riggings, pipes and drills are
being despatched by number of the
companies on their tankers. Other mate
rial is being sent by freight.
Mexican Petroleum Company is carry
ing out an extensive campaign for de-
velopment work Eight rigs have been
constructed for drilling on these ocations
at once The company expects to lay 100
miles Of eight inch pipe line and seven
teen miles OF ten inch pipe line from the
Tampico fields to its shipping terminals
on the seaboard. Fifty-one pumps and 800
tank cars have been contracted for. When
the new lines are completed the company
expects to be in position to handle 49,
eO0 barrels of oil day.
Pan-American Petroleum and Transport
Company, parent company of Mexican
Petroleum, will have forty-siX tankers
when the tankers now ordered are de-
livered. The company is making an ef-
fort to have the United States Shipping
Board turn back the tankers it is now
operating which are owned by that COM
pany.
The Standard Oil Company of New Jer-
sey is another American corporation that
has wired its representatives in Mexico
to start drilling new wells at once At
jantic Refining Company. through its SUBJ
ydiary Atlantic Lobos Company, and other
American oil companies are all carrying
out similar programmes
The New York herald., 1920-01-23
PROPOSALS.

PROPOSALS ron PORTLAND cEMENT.--U. s
ENGINEER OFFICE, Florence. Alabama.. :.
Scaled proposals will he received hero until Fob.
ruary 90. 1890 and thcn opened for furnishing
400. 600 barrels Of Portland cement. Further in
formation on application.
The New York herald., 1920-01-23
ALLIED EXCHANGE
MAKES NET GAINS
Market Opens Weak, Hits New Low
and Receivers Sharply on
Short Covering.

After selling down to new record lows
during the morning allied exchange re-
covered sharply on short covering in the
afternoon and closed with net gains as
compared with Wednes sday's figures. Tho
bears were large buyers OF sterling, francs
and lire during the afternoon.
The exchange market opened weak with
a continued selling movement Neutral
countries wae again heavy sellers, while
large orders to sell were received from
both Paris and London.
Demand sterling sold down to 360h.
which is fractiorally below the record low
of Wednesday. Francs sold to l2.0s, two
points below the low record. Belgium
francs and lire also sold from two to
three points below the low level Of
Wednesday.
The bears then started buying heavily
and quotations made sharp recoveries.
Sterling cables closed at 3.65la and demand
at 364. which is a net gain of 3ls points.
Francs made net gain of IL points; Bel
gum francs IS points and lire points.
Strength in allied exchange during the
close of the market was entirely attrib-
uted to short covering by foreign exchange
bankers There were no news develop
ments during the day TO cause a recovery
in rates.
German marks and Austrian kronen
sold down to new lows. Marks sold below
~ cents. buL closed at that figure. Kro-
nen, after selling to .3i. closed at 81. a
net gain of two-tenths point.
Neutral rates were irregular. Scandi-
navian, Danish and Spanish exchange
were strong. while Greek and Swiss rates
were weak.
Rat s on South American were practi-
cally unchanged. Australian sterling re-
covered. moving with quotations on Lon
don. Other Far Eastern exchange was
firm.
Following are the ties quoted on the
principal foreign exchange markets at the
close Of the regular hours of business:-
The New York herald., 1920-01-23
CITIES SERVICE COMPANY
SHOWS S144,541 INCREASE

Gross earnings of Cities Service Com
pauv for December we're sl.751.622. an in
crease OF 1854 over November l9i9 and
si5e 9ls over August 1912 Earnings evail-
able for reserves. dividends on common
stock and surplus for December were
81. .l5i .675. gain OF sloL9I over the pre-
|cedine month and Of si26,7o5 over those
for August 1919. There has beer a steady
increase in the, monthly earnings of Cities
service Company since midsummer.
The New York herald., 1920-01-23
A i Hemphill Reported Ill.

Alexander j. Hemphill. chairman Of the
Board OF Directors of the Guaranty Trust
Company. suffered slight attack of in
fluenza yesterday and was removed from
his office 60 his home No. i3 East Sixty
ninth street. AZ Mr.. Hemphilrs home last
evening IL was said that his condition was
no wise alarming and that he expected TO
be out of bed In a day OF two.
The New York herald., 1920-01-23
Bid and Asked
Stocks Not Traded In Yesterday.

Following are the closing bid and asked
prices of stocks in which there were no
transactions yesterday -