davidaulloa/AmericanStories huggingface dataset:
Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1920-06-18
MADE BONUS BILL PARTISAN
MEASURE.
(Mercer County Bulletin.)

(Mercer County Bulletin.)
Partisan consideration Of soldie:
bonus legislation has been denounced
In tho House by Democrats under the
leadership of Representative Henry T.
Rainey, of Illinois, member of the
Ways and Means Committee.
Probably the most serious criti-
cism Of the Republican program is
due to the G. o. p. plan for raising
funds with which to give the soldiers
a bonus. Democratic members of the
committee who favor bonus legisIa-
ton propose that the bonus shall be
paid by taxation of "war million
aires"-men who grew rich out of
war contracts or business conditions
and prices incident to the war. The
Republicans, however, insist on rails
ing the money by levying u sales or
consumption tax, which would affect
every home in America, rich or poor.
Under the latter proposition. it is
commended by Representative Raincy
and his Democratic colleagues, Con
grcss will give the ex-soldier and
sailor bonus and then take part of
1t away from him through n tax on
the articles he eats or wears. Mean
while, the excess profits of the ",vor
millionaires" will be almost undis-
turbed and the tax will not be paid
by those most able to bear additional
burdens of taxation.
Representative Rainey pointedlv
calls attention to the fact that whom
tho Democrats were in control of tho
House during the war all the great
war measures were framed in nom
partisan spirit and tho Democrats of
the Ways and Means and other COM
mittees called in thicr Republican
colleagues and sought their advice In
framing war bills. In considering the
bonus bill, which is in effect war
measure, the Republicans of the
House have shut the door on the
Democrats. excluded them from com
mittee sessions, and intend to put
the bonus bill through rs caucus
measure. The G. o. p. leaders called
q caucus to thresh out the party's
internal wrangle over bonus legisla-
ton.
in that district.
1--WE propose to tax war profits to
meet this request of the soldier boys"
said MIR. Rniney. "The tax pro-
posed by the Republican majority in
creases the cost of living. The soldier
boys and their immediate families
and friends wall pay themselves one
glory of the United Suites. Why does
Germany not observe the treaty that
no will be able to get half Nelson
on the gentleman from Mingo. He'll
make the welkin ring.
Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1920-06-18
a COMPROMISE CANDIDATE.

The Republicans, after the usual
wire working and maneuvcring, NOM
mated ticket for President and
Vice-President of two of the best men
they could gct-a compromise tic
ket, and hence not the ticket the
convention wanted and started out
to nominate. AT Il late hour, fearing a
split in the party, leading candidates
withdrew, or released their Delegates
and there was rush to Harding.
The convention acted wisely in
turning down the Big Three" Low
den, Wood and Johnson-men who
had bought their delegates with
money, either theirs or that of some
one else. To have gone before the
American people with Il candidate
tarrcd all over with coat of muck
would have insured defeat to berin
with. And, while the Democrats nav
regret that the path to the White
Iiouse has thus been made more diff
icult perhaps for their candidate. all
RICH, thinking men will he cncourar-
ed to know that great political
party has, for once in its history anv
way, put its foot downon an at
tempt to buy the American people
with money, and we like to think and
believe that this motive actuated the
choice of the Convention.
While neither Senator Harding nor
Governor Coolidge are widely known
they are favorably known so far as
known at all. and so far as the char
acter of the candidates is concerned
the choice of the convention was a
wise one.
The Office of President Of these
United States is a big job for big
man, particularly at this time. Meth.
or Senator Harding nor his running
mate have had wide experience MS
business men outside their limited
and circumscribcd circles. However
the fact is, that he is Il better and
safer man than either of the reject
ed candidates, and if elected to the
Presidency, (Which he wont bc) h.,
will give the hest there is in him to
the great Office
lie is handicapped in the beginning
by one of the weakest platforms, as
whole, ever drawn up by any great
political party, and this is the honest
opinion of many leading Republicans
ms well rs Democrats.
AS one man puts t-"straddles the
fence everywhere and gets nowhere. :"
and here is Senator Hardings hand
leap, and there are others.
Senator Harding is So, and Gov
ernor Coolidge 4s years old.
Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1920-06-18
SWAT THE POTATO BUG.

The potato bug, like the poor, we
have always with us. Go after him
at once with Paris green. Mix with
lime, or water, and sprinkle on. Make
the water slightly blue-not too much
so, and sprinkle the vines, its good
night to the bugs. Potatoes Will be
too high next winter to allow the
bugs to destroy the crop now.
Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1920-06-18
A FAIR THIS FALI-SHALL WE
HAVE ONE?

There seems to be a general wish
to have a County Fair this Fall.
So far as the consensus of opinion
has been learned the people general
ly are in favor of the move, and arc
willing and anxious to once more get
together, and have day or two of
good, old times come back again, as
before the great war. Mr.. Fred Steele
says that he already has arrange
ments assured for fine races by both
professionals and county horses, or
will have in time. Mr.. Wall, the coun-
ty agent, is working up successfully
the stock exhibit, and has assurance,
he says, of the approval and coopera-
tion Of the stockmen Of the county.
j. A. Leslie and DR.. Isaac Peirce
have been asked to take charge OF
the Agricultural exhibit. No exhibit
of swine or poultry has been con-
templated SC far, and perhaps will
not be. The proposition is to hold oul
Fair just in front of the Bluefielt
Fair, and perhaps take our exhibit.
to Bluefeld. Liberal premiums will
be offered. All overhead expenses viii
be eliminated and money paid to of
ficers will be given exhibitors is tn,
plan,so far as known now Plans ar,
Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1920-06-18

The Clineh Valley News believed
all along that neither Johnson nor
Wood would be the nominee, and
said so. From political stand point
entirely we regret that one Of them
was not chosen. Either one Of them
would have been beaten more easily
than will be Senator Harding.
Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1920-06-18

Father Harding opposed his son
becoming Il candidate fearing tha. II
elected President he will be assassnn..-
ted. No fears need be entertained
TIL Senator will be "Assassinated" at
the ballot box, not by bullets but
ballots.
Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1920-06-18

Senator Harding stands mighty
well in this Office. He is both an editor
and prominent Baptist We will be
tempted to vote for him depending
upon the kind of man dominated in
San Francisco.
Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1920-06-18
not complete as yet.

not complete as yet.
Now, here is the important point
If the people do not want Fair
they are asked TO speak out. What Is
the sentiment in your community :?
Find out and drop this paper a pos
tal-for or against. This is your con-
Germ. Everybody should be interested,
one way OF the other.
Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1920-06-18

If youu are wanting to buy farm
in the Valley of Virginia, get in
touch with the Staunton Real Estate
Co., comprised of Harnsberger and
Wagner Brothers. Room g., Masonic
Temple, Staunton, Va. In the beau
tiful' Valley Of the Shenandoah;
Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1920-06-18
THIS WILL A3TONISIi
TAIEWELL PEOPLE

1t is surprising how quickly eye in
llaminntion is helped by common
witcl,hazcl, camphor, hydrastis, etc.,
as mixed in Lavoptik eye wash. One
elderly lady, who had been troubled
with chronic eye inflammation for
many years, was greatly helped in
two days. We guarantee a small bot
tie of Lavoptik to help ANY CASE
weak, strained or inflamed eyes. AL
minimum eye cup FREE. Raven Phar-
macy, Raven, Virginia.
Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1920-06-18

Time eradicates all sorrows and
disappointments, soap washes all
dirt.
Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1920-06-18

There has bcen more activity tins
year in the Democratic ranks. to tn.
writer's observation, than for the past
three years. 1t is good sign, an
omen, rs it were, that the people are
awakening to the fact that organiza-
ton spells success. Boys. get hold
of the shafts and help us pull the
wagon.
Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1920-06-18

From good authority cores the in
formation that there was some ken
disapointmcnt in the Republican pri-
maries. A celebrated man who was
running for delegate, and as he al
leges, was Counted out" is going to
turn over the whole colored works
to the Democratic party. Whoa!
John w. Davis would make good
Democratic candidate. They think
very highly of him in England. and
speak loud in their praise OF his
ability, which is an unusual thing
for an Englishmen to do. unless the
man, is English
Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1920-06-18
SHOTS FROM THE MERCER
COUNTY BULLETIN,

Congress- is looking for the slush
fund raised to carry on the campaign
of McAdoo, up to the present writ
ing it has failed to mater ialize 1t is
too bad that they have had such hard
luck in their hunt; success would
have evened up TIE score with the
Wood. Lowden and Harding corrup-
ton funds
Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1920-06-18

81. 100000 is very juicy sum to
pay for the privilege Of sitting in
the presidential chair. General Wood
would make a good solicitor for some
church to raise funds to pay of the
mortgage
Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1920-06-18

President Wilson will meyer have
to apologize for his veto Of the Knox
resolution, but he cannot leave the
issue of peace as it rests without
sharing some of the responsibility
for the failure of the treaty.-Naw
York World
New-York tribune., 1920-09-25
Central of N. ]. Report
Net Income Equal TO 9l8.57 q
Share in 1910

Inc Central Railroad of New Jersey
reported yesterday for the year ende d
December 81. 1919, net corporate ina
come of $s,o95,s25, equivalent to s1s57
share on the $27 ,A36, 800 capital stock
Excluding sss5,2so, included "a 10 DER
cent OF the Federal compensation
which was unpaid in 1918, the aurn}us
Tor the stock last year was equivalent
10 slo.l6 share. compared with sl3.ls
a share earned in 1918. Crediting la1s
Income with the 10 per cent unpaid
compensation would bring earnings for
'hat year up to Sl6.54 share on the
stock. '''e
Total operating revenues of $685.
tei wers disclosed by the Federal in
come account, against $43,r3G,6IO in
1913. After allowing for the operating
expenses Of SAC, ,273,95l, s2,763,9ol fol
sa<es, $l7S uncollect,ble revenue and
>s.l7G,42S other income. there remained
gross income Of s2,975,697. Interest
rentals, etc. absorbed sG7G, ,7l3, leaving
q net income CT S2,29s ,9s4, compared
with S7,I05 ,362 reported in 1918.
New-York tribune., 1920-09-25
Financial Ifer,aa

AZ a meeting held September sS TIE
board OF directora OF the Liberty National
Bank Of New York authorized the pay
ment OF extra compensation to all en-
ployeea. amounting to IS per cent Of SAL
aries for tho quarter ending septem ber. 80.
W: T. Paine has been elected director
Of tho Seaboard National Bank to fll a
vacancy.
G. J. Hryne: formerly with Schmidt a
Deery. OF tho Pittsburgh branch, has been
appointed manager OF Anderson, Brown a.
Co.'S Pittsburgh office. at s23 Fourth Ave-
nue..
Charles e. Bricklsy, former Harvard
,.,a ro9.b4ii star; " Russsli Butler. formerly
man. formerly with Carlisle. Mslliek a.
Co, and w. McGiinn. a director OF the
Continental Equitable Title and Trust
Company OF Philadelphia. announce the
formation OF a firm under the mama of
Charles II. Prlckley & Co., members Of
the New York Stock Exchange with offtces
at ~ Broadway.
A. q, BECKER a Co. ana Ansa nuaerfch
q Co, Of New Tork ana Chicago. have
,ass J, psrchassa ssa ana ere brinsing out in shis
ncsasa xssagansae6 Sgss &asss xaskeSA !. a&eeS
New-York tribune., 1920-09-25
New York Metal Market

On The New York Metal Exchange
tin was dull. with Class 4 quoted 1T
45c asked, Clasa B 42.5oQ43c and
Straits shipments 4a@45c, with sales
OF 20 tons October-,tovember ship
ments from Straits 1T 4450e. Cop
per dull; spot 1a.25e; September,
!S5!1se and October, 1o.50c. all asked.
Lead easy. New York. spot, &c, and
New York, spot. &c, and East ST. Louis,
spot, 7.15c.
London metal prices follow: Lead
spot G3$ It's 81 and futures a35. Zinc
epct $40 IFS Sd and futures Gao los.
Tin standard spot 228s l5s and futures
FIX, with sales of 400 tons spot and
100 tons futures. Copper standard
spot &9b 1bs and futures 307 IS, with
sale oa 400 tons futures, and cleo
fTolytie spot &li2 and futures Gl1s.
New-York tribune., 1920-09-25
Maxwell.C Chalmers
Merger Plan Now
Ready for Adoption
Committee Including Stock
holders, Creditors, Bank
ers Approves Scheme;
Details Are Withheld

A plan Of reorganization of the Max
we'll Motor Company and the Chalmers
Motor Corporation, by which sl5ooo,o00
CT new money will be realized, has
been agreed upon by all the important
interests Of both companies, including
New York. Chicago and Philadelphia
banking interests, the large stockhold-
ere and the committee representing
banking and merchandise creditors.
Merger of the MAXWELL and Chalmers
properties will be effected by the or.
ranization OF new company which
VII have an authorized capital Of
100000 shares, of which 100000
shares is to be Class A stock and
sG0,0o0 shares Glass B stock OF the
total it is estimated that there will
IL presently issued $4,000 shares Of
Class A stock and G20,l79 Of the Glass
shares. The Class A stock is to have
priority over the Glass stock. both
den6s up to 50 per share and with the
right to participate with Class Il stock
IN dividends in any fiscal year after
dividends of s. a share have been paid
OF Glass A stock and Class b stock.
The s15,0o0,0 900 OF new working cap
!tal is assured through q syndicate
"hich has agreed to purchase Classes A
and stock, with the right On thespart
OF the deposlting stockholders Of the
existing companies to purchase all or
any part Of the new stock on the same
terms offered to the underwriters. 1t
was announced that the syndicate un-
derwriters will receive no commission
or other compensation for their serv-
ices.
The plan Of reorganization, 1t was
also announced, provides for q new
management, but no mention was made
1r yesterdays announcement of the
personnel Of the new interests that
will go with the company,
New-York tribune., 1920-09-25
Stocks ON Curb a
Under Pressure !
I'm Quiet Market
Further Selling of General
Asphalt Shares; Small
Changes Noted i'm Oils;
Bethlehem Steel 7s Actave

Reactionary tendencies predominstea
in the outside market yesterday, where
some further selling caused many Of
the more active industrials to yield
ground. Generally speaking, the mar.
ket was quiet, the turnover Of business
being the smallest in more than
week. Signs of public participation
which had appeared few days ago
were not apparent.
General Asphalt, which has been one
of the erratic actors on the Curb lately,
came under the pressure Of increased
offerings, with the result that it was
forced to 5s. On small dealings Card.
ner Motor, after selling up to 25is, re-
acted to %. Tobacco Products Export
continued active, 'but showed compara-
lively little change at the end Of the
day. Movements in the oil shares were
extremely narrow.
In the bond department the nsw
Bethlehem Steel Is sold on "when is.:
sued" basis to high of 95A and closed
at 95. Dealings in these bonds
amounted to a par value Of S235,oo0.
New-York tribune., 1920-09-25
Liberty Bonds Stronger

AS illustrative Of the growing interest
in investment securities, it was pointed
out yesterday that the list Of bonds
traded in on the exchange this week
is the longest in more than year
Many issues which are seldom traded
in have come out on the bond ticker
ttape, and in most cases prices are
higher. The upswing in the Liberty
Loan issues has been the most striking
and the gain for the week up to the
close last night amounted to about Q
points on the average.
New-York tribune., 1920-09-25
Copper Products Nav Drom
Corn Products

Bearish propaganda on Corn Prod
ucts shares this week has taken the
form Of rumors Of an impending re-
duction in the amount Of the quarterly
dividends. The rumors persisted de-
spite semi-official denial. Yesterday
the directors effectually spiked the
reports when they met and declared
the regular quarterly disbursement
on the Vrommon shares amounting 70
III, and at che same time voted an
extra payment OF so cents q share,
wnich Is the amount distributed in
previous quarters. The stock sold. "a
high as S5& in the market yesterday.
but sold Oft later TO 50, closing at
SAN for net losa of l uoint.
New-York tribune., 1920-09-25

WAsHfNGTOy, Sept. "a. A new
record for months traffic through
the Panama Canal was established in
August when 2sg eomJseFe,ai ships
passed through tbs canal. carrying =.
OAg,JAe sSeEs Of cargo. according 10 re-
Rpxgss gax ssesived hers to-day. Talls ecl-s
ssss s'xs2 ~ saeSta szsrsntsa 10
New-York tribune., 1920-09-25
To Increase Exchange Dues

Governors of the Stock Exchange
have adopted an amendment to the
which would increase the
annual dues Of members from $500 to
81 900. The section as amended reads:
The dues payable by a member of the
exchange in each year, exclusive of
fines and of assessments, under Article
1e of the constitution, shall not exceed
81 900 year; said dues shall be pay
able in semi-annual instalments on
May and November in each year,
and the amount Of. each instalment
shall be determined by the governing
at least fifteen days before
the date on which the same is payable" !"
If not disapproved by members Of the
exchange before next Wednesday the
will automatically become
q law of the exchange.
New-York tribune., 1920-09-25
London Money Market

LONDON. Sept. 24.-Bar silver, 5sssd
per ounce;' bar gold, Ills Cd. Money,
bA per cent. Discount ratcs--Short
and three months bills, 611-16 per
cent. Gold premium at Lisbon. 1Ao.
New-York tribune., 1920-09-25
Consumer Power Offerimv

Announcement was made yenterdav
OF an Offering Of $500, 600 Consumers'
rower Company general and reSundine
mortgage fifteen yeae per cent gold
to yssid more than per WanS. The
syudicate makings the Offering consists
@9 the National City Gognpary. 81 Nssr
III 81 and Gasaat&s se,s M. Grahas,,
New-York tribune., 1920-09-25
Paris Market Weak

PARIS, Sept. 24.-Prices were weaker
on the Bourse to-day. Three per cent
rentes, 50 francs. Exchange on Lon
don, 81 francs. Five per cent loan,
IS francs 81 centimes. The dollar was
quoted at Il francs "a centimes,
New-York tribune., 1920-09-25
Ira Wall Street
Laekawanna-B. r. q p

The statement in yesterdays Tribune
by William T. Noonan, president of
the Buffalo, Rochester & Pittsburgh
Railway, that merger Of this road
with the Delaware, Lackawanna &
Western is possible was commented
upon in railroad circles here as indi-
eating that the latter road may inter-
est itself in soft coal properties now
that it intends to divest itself OF it's
the Buffalo, Rochester & Pittsburgh
would give the Lackawanna an entrance
into the soft coal fields Of Pennsyl-
vania. Lackawanna officials yesterday
declined to discuss the prospects Of q
merger.
New-York tribune., 1920-09-25
Money and Credit

The call money market was un-
changed yesterday, with the rate :
per cent. There was talk earlier in
the day that the rate might work
higher, but offerings we're sufficient to
cover the demand.
New-York tribune., 1920-09-25
The Dollar i'm FOREIGN EXCHANGE

An easier tendency was displayed In
the foreign exchange market yesterday
with demand sterling closing at s3.47,
of nearly cont to the pound. Francs
also closed lower, while the Scandi-
navian exchanges continued under
pressure. German marks were firm,
Quoted in dollsrn to the pound)
New-York tribune., 1920-09-25
Dividends
Corn Pudscts Refining G..

Corn T'rodscts Refining Company
extra dividend Of ~ cents share has
Dfen declatrd. In addition to yhs regular
quarterly dividend ot 2lr5 q share on the
pfrtsrrfd extra payable October 20 to
Stoe eahoidsrs OF record october and reg
record october 1.
New-York tribune., 1920-09-25
day. ago
On mixed co1laterial... I
On industrial collateral 7

On mixed collaterial... I 6
On industrial collateral 7 6.
Time money (mixed collateraD:
sixty days ..s0sk 5& @e
Ninety days ........ .SMS1e 5A as
-Four months .,....SMS1x OK as
-Four to six months. .SGis1s 5Aa as
Bank Clearings--Bunk ctearines at
New York yesterday we're: Exchanges,
$G83, 3,553,641; balances, SG3 ,584,3lG.
Silver-London, 59asd; New York,
domestic bar, e9'ac; foreign, s3c;
Mexican dollars, TIC.
Sub-Treasury-United States fund
reserve credit balances, S60,s76,475.
Canadian Exchange-New York funds
IN Montreal, $10s.75 premium per
$1,000. Montreal funds in New York,
$99.0S discount per 81 900.
New-York tribune., 1920-09-25
Foreign Selling of Bonds

The recent strength in the bond mar
ket has been attained despite a large
volume of foreign selling of all sorts
of high-srade issues. 1t was stated
in investment circles yesterday that
much Of this European liquidation has
been coming from Holland, which fact
may also indicate that some Of the
bonds have been taken out of German
strong boxes. Orders to sell have been
placed with at least one important
Stock Exchange house, representative
of which offered the opinion that the
through other channels has
been Of much greater proportions.
New-York tribune., 1920-09-25
Denies General Motors Cut

The statement Of W. C. Durant. head
Of the General Motors organization, to
no reduction in the price of its prod
ucts, set at rest flock of rumors
that had been flying about the financing
district ever since Henry Ford startled
Automobile Row by his smashing cut.
General Motors shares steadied r bit
on the announcement of Mr.. Durant,
but the tide of the market was flowing
in the wrong direction to make pos
sible much Of a recovery. The stock
declined at one stage Of the trading
to 1875, but rallied to 1878 at the
elose. where it showed small frac-
tional gain. Republic Motors gave a
tame performance, showing practically
no change. Studebaker yielded a large
fraction. Chandler Motors was weak
for time, but met sufficient support
to rally it at the close. The tire shares
reflected the effects of the unfavorable
reports of the state Of that particular
industry.
New-York tribune., 1920-09-25
Kelly Springfield

The break Of 6sa points net yester-
day In Kelly Springfield was direct
result of the announcement of the new
financing, which takes the form of an
offering of new stock TO present stock
holders at $50 a share. 1t had been
known for some time past that the
company was planning new financing
of some sort, but it was not knswn
until yesterday that it would be Done
through the sale of new stock. Kelly
Springfield shares at yesterdays level
were down nearly 100 points from the
high point of the current year.