davidaulloa/AmericanStories huggingface dataset:
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-23

TO INCREASE CAPITAL
To Raise 100, 900, 900 Marks
to Assure German Control.

Special Cable to THE New YORK HzRALp-
Copyright, 1890, By THE NEW YoRK HERALD.
New York Herald Bureau.
Berlin, Dec 22.
Immediate cash with which to begin
the rebuilding of ships lost by the peace
treaty viii be raised by the Hamburg
American Line through an increase Of
100, ooo. 900 marks in its capital stock,
which. It is expected. will be voted by
the directors at their meeting on Janu-
airy II.
Another purpose OF the increase In
stock is TO finance an alliance with the
Hamburg South American Line and still
another Is to insure keeping the COM
pany In control of German owners.
This Increase will raise the capital
stock OF the company to 2S5.o0o.o00
marks. IN 1913 is was 100000 marks
The new stock issue will be In per
cent preferred shares.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-23
TAXES WON'T INCREASE,
IS PLEDGE BY MILLER
But He Insists Income viii
Haze to Meet Outgo.

Special Despatch to THE NEW York HERALD.
SYRACUSE, Dec 22.-Governor-elect
Miller said here to-day that when he
becomes the States chief executive he
will make the State revenues and ex-
penditures balance, but that 1t will not
be done by increasing taxation or by
changing the system of collecting taxes
81 don't know just how we will do II, !"
he said. but 1t will be done. What We
must do is, cut down expenditures. Ma
tional. State and city Governments are
facing bankruptcy because they are
spending more money than they take In.
The situation has driven all optimism
out of me, but l am determined to
carry out my plans somehow"
Mr.. Miller made these statements af-
ter a conference with Comptroller elect
James w. Wendell. Chairman George
A. Glynn OF the Republican State Com
mittee and other political leaders. The
report in political circles here is that the
personal service appropriation In the
budget will be as large as this year.
about s25,0000 900. but that substantial
cuts will be made in the construction
and maintenance accounts
Fred A. Greiner of Buffalo talked
with Mr.. Miller to-day about the quail
fications of Alfred r. Kirkhofer of Buff
falo, who has been suggested as Mr..
Miller's private secretary.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-23
WOOL TRUST HEAD
DEGREES WAGE DROP
Woods Chief Fear Is COMPETE
ton, of Mills That Have
Reduced Pay Scale.
MAY BE FORCED INTO 1T
President of American Wooden
Company Asks More Time
to Make Decision.

LAWRENCE, Mass, Dec. 22.-William
NJ Wood. president of the American
Wooden Company. said to-day that.the
company was very reluctant to make
any move in the matter OF wage reduce
ton in it's mills, and before deciding
definitely on the best course to pursue
would like to give the matter a little
more thought"
He was addressing meeting Of 100
representatives of the companys mills In
this city.
II am advised by our selling agents in
New York" Mr.. Wood said, that we
cannot hope for any substantial business
from the clothing manufacturers, and
they in turn from the retailers, until
they learn that not only have the raw
material markets been liquldated but all
other things going to make up the cost
of cloth, which. OF course, includes labor.
To-day orders are not obtainable.
Commodities have receded in prices
and many of them are now on lower
basis than they should be because much
lower than cost of replacement Yet
Notwithstanding all this reduction In
prices there has still been something
wanting to invite the full confidence
that IL necessary to start the public
buying. Naturally the eyes and minds
of all have been fixed upon one item
which is just being reduced: that is. la
Dor. With this liquidation of labor.
along with that of the commodities. the
raw materials. confidence In lower prices
probably would induce a buying move
ment
In the upward movement OF wages
the American Wooden Company was be-
hind no competitor or industry We
stated to you that we should be among
the last to reduce. We have kept our
word. The situation that has compelled
and is compelling the reduction of wages
we face with great reluctance. hoping
that In some way 1t might not be nee
essary. But economically 1t seems inevi-
table We are still studying the qucs-
ton. But we are confronted with the
serious question of competition. We
mills against both foreign and domestic
competition If they pay wages lower
than our own.
THE man who manufactures the best
goods at the lowest prices Is entitled to
and does secure the business. 1t Is nee
essary that we should put on the market
the very best goods at the lowest pos
sible price to meet all competition and In
order to secure the necessary work that
you all may be constantly employed or
as nearly that as possible And It must
be obvious to you all that this cannot be
done by paying higher wages than our
competitors.
I'VE are very reluctant to make any
move. and before deciding definitely on
the best course to pursue we would ike
to give the matter little more thought
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-23
u. S. SUES LINE HERE
FOR SHIP BOARD BILL
$500, 900 Due on Purchase of
TUo Vessels.

An equity receivership action against
The American Star Line, Inc Of Is
Beaver street was begun yesterday IN
behalf Of the Government by Earl q.
Barnes. Assistant United States Attor-
ney, before Federal Judge julius M.
Mayer. The Shipping Board is the prin-
cipal creditor, claiming the line owes II
more than $4,000 on contract concern
ing the purchase by the line of the
American Star and the Northern Star,
Shipping Board vessels. Judge Mayer
appointed George w. Sterling, a Ship
ping Board official. as receiver. with au-
thority to carry on the lines business
and power TO Issue receivers certif-
Gates.
With the complaint. which alleges also
that the line owes more than si0o. 900 to
other creditors, was filed the answer of
Moses Ginsberg. president of the corpo-
ration. He admits the line Is at present
without funds to meet It's maturing and
other obligations. The line was incor-
porated In 1916, with capital stock OF
100000. and engaged In general freight
carrying trade.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-23
NEW L1sTINGs ON EXCHANGE.

The new S25 par value stock OF the
Standard oil Company Of New Jersey
will be introduced TO trading on the New
York stock Exchange tomorrow. re-
placing the stock OF 100 par new traded
in. II certificates for the new stock are
insufficient 10 take care of the trans
actions the old 800 certificates will be
good delivery on one for four basis
against sales of the % stock.
The following issues were admitted
to the list by the governing committee
yesterday:
United Paperboard Company. $685.
500 additional common stock Barnsdall
Corporation, $3.250.000 class B nom
voting stock of Is par value; General
Electric Company. s2,75s.5o0 additional
capital stock on January Is and $27.-
565.000 additional capital stock on jan
uary 20; Delaware and Hudson Com
pany, 100000 900 10 year per cent.
gold bonds Texas Pacific Coal and OIL
Company. si65,64s additional capital
stock OF $40 par value; American
steel Foundries. s2.1s5.900 additional
common stock OF $40 Ia par value !:
Remington Typewriter Company. ST.
407,600 per cent. cumulative first pre-
ferred; s1,217.000 per cent. cumula-
tive first preferred. series 8; s1.55S.100
s per cent. second preferred cumulative
and s1.714,2o0 common stock; Pacific
Development Corporation. 25s.676 addi-
tIonal shares capital stock OF no par
value; Allied Chemical and Dye Corpo-
ration, S37.326,400 7 per cent cuniula-
tive preferred and 2.143.455 shares Of
no par value common stock: Brooklyn
Rapid Transit Company. $3,041 900 de-
posit certificates for per cent 80 year
gold mortgage bonds Columbia Graphic
phone Manufacturing Company. 1885
additional shares common stock; Gala
han Zinc-Lead Company. name changed
from Consolidated Interstate Callahan
Mining Company: Autosales Corporation.
$11s,3s5 8 per cent participating pre-
ferred stock; Air Reduction Company.
l53,023 shares common stock OF no par
value.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-23
SMALLPOX HALTs LANDING.
Duca d'Aosta's stcerase Passcn-
gers Held mt Quarantine.

Knowing that the jam OF immigrants
on Ellis Island would prevent the land
ing of the Italian liner Duca d'Aosta's
1887 Storage passengers in time to let
them celebrate Christmas ashore, the
line had arranged with Commissioner of
immigration Wallis to take them on TO
Philadelphia and have them passed
there
The plan was upset yesterday when n
case of smallpox was found in the steer
age. so man. will spend Ch='atinas and
several days Thereafter under observa-
ton at Hoffman Island and some
aboard ship. The line announced yes
terday that 1t would provide Christmas
entertainment for all, wherever they
may be.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-23
Buys TWO BuiIdings ON CanaI st.
REALTY JOTTINGS.

Pease & Gilman negotiated the sale
for the estate of Della 3. Sands of the
i've story building at 1874 Beeknan
street, reported last September.
VIM. A. White & Sons have been
appointed agents of the five story store
nd tenement at 76 Amsterdam avenue.
Charles b. Van Valen, Inc. placed
for Henry A. Budd loan of $4,000 at
per cent. for five years on 572 Fifth
avenue. Mr.. Edmonds OF Pennie, Davis.
Marvin & Edmonds, represented Mr..
Budd as attorney.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-23
FIVE SEEK U. S. BERTH.
URGED as Candidates TO Succeed
f. G.. CafYey.

The names OF five men have been
brought forward by their friends as can
didates for the post OF United States
Attorney in this district under Presi-
dent-elect Harding to succeed Francis
G. Caffey. While the place financially
In not so attractive as some Of the other
Federal positions In this city. 1t always
has been considered prize for lawyer
because Of the experience and pronli-
nence to be attained there.
Robert w. Bonynge, prominent mem
Der OF the National Republican Club,
was the first in the field. The others
are William Chilvers. former Assistant
Corporation Counsel and Republican
leader of the Fifteenth Assembly dis
trict Harold c. Aron. prominent in the
Roosevelt movement Of 1912. but now
back In the Republican fold, and Fran
els p. Stoddard, Deputy State Superin-
tendent of Insurance
Philip Giordano, prominent Italian
editor, whose home Is in The Bronx, is
an active candidate for the post OF Com
missioner of immigration at Ellis Island
to succeed Frederick A. Wallis.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-23
TWO ZIG ISSUES ny LIGHT cos.

The Public Service Commission
granted authority yesterday to the
United Electric Light and Power Com
pany to issue ss,S25,000 par value deben-
lures bearing per cent. interest and
maturing ten years after a date not later
than December 81, 1921. Similar secu-
rites to the extent OF s3,400, 900 were
authorized for the Queens Electric Light
and Power Company. Both issues are
for the repayment of money borrowed
from the Consolidated Gas Company for
construction purposes.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-23
srrDNIeHT MASS ARRANGED.

Midnight mass will be observed as for
nnerly st ST. Paurs Church. Clinton and
Carroll streets. Brooklyn. on Christmas
Eve. The service will begin at 1880
o'clock with a procession. Parts of
mods masses infrequentiy heard in
the United States WIFI be sung. The
duet "Cantlque de Noel Of Adam and
a solo. Ave Maria" will be sung dur
tac the offertory.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-23
NAVY HELPS BOSTON POLICE.

BOSTON,, Dec. 22.---Tho municipal feet
is 20 include couple OF submarine chas-
ers. Mayor Peters announced to-day.
At his request Secretary OF the Navy
Daniels has given 70 the city the pick
Of the chasers at the Boston navy yard
Tor use az a police boat and as 81 auxi-
iary are boat.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-23
FOREIGN MARKETS.

LONDON. Dec. 22.--Bar silver 4o15d.
per ounce. Bar gold 116s. Cd. Money AZ
per cent. Discount rates. short bills 6A
per cent, three months bills 6% per
cent Gold premiums at Lisbon 10000.
PANS, Dec. 22--Prices firm on the
Bourse today. Three per cent rentes
56f CSC. exchange on London. 5ef. zoe.
Five per cent loan. 95f. zoe. Dollar
quoted al 16f 90Mc.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-23

ton Z. Oppenheimer 429 Sixth avenue.
northwest corner of Twenty-sixth street.
a six story building, vaulted TO curb on
avenue and street.
Abraham and Simon Kornblunn. prod
uce dealers, have purchased from the
trustees for Rhinelander Waldo the two
four story buildings at 3S4 and sac
Washington street. southwest corner OF
Harrison street. on a plot 44x67.
Remes Realty Corporation resold 20
Samuel Rosenzweig the five story build
ing at IL Bowery. 22x64.4.
Esther Dryer bought the three and
four story buildings at 231 to 239 West
Thirty seventh street. 50xsS.9. Mrs.
Dryer owns 221 and 223 on the same
block
Zimmerman Leasing Corporation sold
to Rose Berry the Kiltonga, six story
apartment house at $40 and 542 West
18TH street, 50x100. adjoining the Dew
onshlre Apartments at the southeast cor
ner of Broadway.
The Rhinelander estate bought from
the Alcalde Realty Corporation the three
story dwelling at 152 East Ninetieth
street 25x100, which is Incorporated IN
the southeast corner Of Lexington ave-
nue. site on which the estate Is contenn-
plating erecting g. tall apartment.
Richard Freund sold to Villa Collins
the four story dwelling at 296 West
18th street. 16xl00.
Frank Gearon resold to Jennie Adler
the three story dwelling at A East 1850
street, 20x99.11.
William D. Fitzpatrick resold to Mary
P. Erkins the four story flat at 24i East
Fifty-eighth street, 25x100.5.
G. Mandaro sold to Pietro Rocco the
five story tenement at 321 East Forty
eighth street, 25x100.5.
Samuel Rachman sold to Zelda r.
Kitay the five story tenement and store
at EOS West Sixty-first street. 25x100.5.
Frieda Hart sold to Ezra Dweck the
five story and four story tenements at
SO Allen street. 25xS7.6.
James J. Van Alst, Jr., sold to George
NJ. Bodnan the three story dwelling at
1853 East Sixty-sixth street, 186x100.5.
Edith Froman bought the three story
dwelling at 1877 East Ninety-fifth street,
17x100.8.
Genevieve G. Wells sold to Teresa NJ
Pascale the three story dwelling at 81
Manhattan avenue, 16.sx75.
Buys Two Buildings on Canal st.
william p. Douglas Estate. repre-
sented by Duer. Strong & Whitehead. as
attorneys, sold at 405 and 407 Canal
street, between Thompson and Sullivan
streets. two four story buildings, 44xS2.
to Henry Jackson. the adjoining owner.
This gives Mr.. Jackson a frontage on
Canal street of 10 feet. This property
will be greatly enhanced in value by the
vehicle tube now being dug which will
connect New York and New Jersey. T..
G. Gollner represented the seller and
Duross Company represented Mr.. Jack
son as brokers.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-23
rAnn Alpaca CUTS WAGES.

HoLYoKE, Mass, Dec. 22.-The FAR
Alpaca Company, the largest textile
manufacturing concern in this city, post
ed to-day notices OF wage reduction oil
221S per cent. effective on January &
The company gave notice OF the discon-
tinuance of the special 7 per cent. profit
sharing dividend paid In other years
The reduction affects $500 employees.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-23
sixty JERSEY DEER KILLED.

HAMMorroN, n. j.. Dec 22.--Game
Warden Otis c. Small OF Har1monton
- authority for the statement that sixty
deer have been killed TO date IN Atlantic
county. IL Is believed the total will ex-
coed 100 BY Christmas Day. the last day
Of the open deer hunting season.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-23
HE S u N S EFT

Sea Gate, Norton's Point, N. Y. Harbor
Open throughout the year
Modern Family Hotel. Ideal winter home
Special Winter Rates, American Plan.
SINGLE Room. running wat 1926 20 $50
pSSSis Room oo p pphn BAN 70 $50
Weelt-end guests accommodated.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-23
In the Dwelling Market.

Brown. Wheelock Company. Inc, sold
for the Brewster estate 133 East Sixty
fifth street, four story dwelling, COX
1905.
Pope & Bro. sold for the William
Dexter Company. Inc, the three story
dwelling at ESQ West Eleventh street.
]. S. Maxwell sold for the estate Of
Ella NJ. O'Brien the three story house,
14x10O. at 62S West 13sth street.
Deals Revealed in Transfers.
Dwight, Archibald & Perry. Inc. sold
for Josephine Gordon Robinson to Mil
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-23
Atlantic City.
Lsng Island.

n. jim the Pines: all sports.
Booklet. write TOWNSHIP COMMITTEE.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-23
Activity in Jersey Tunnel zone
Another L. I. City Factory Deal.

Roman-Callman Company sold for
Michael Ferger to the Van Dorm Steel
Products Company Of Manhattan. dis
tributers of metal furniture and build
ers' supplies, plot containing 1o09o
square feet on the east side of William
street, 81 feet north of Freeman avenue,
Long Island City. The purchasers will
erect modern factory building.
The review. [volume] (High Point, N.C.) 1908-19??, 1920-01-01
Some Eiaht This.

Charles Smith, Zack Smith and
Oscar Mitchell were tried in munich
pal court Monday morning on charge
Of engaging in an affray. All the de-
PENDANTS were found guilty by Judge
Kirkman.
The fight is alleged to have taken
place in front of Charlie Smiths
home on Mangum avenue late one
afternoon recently. Both Smiths
were in the home when Mitchell came
upon the scene. s 81
Stata witnesses in the case test1-
fed that Mitchell, after he had dis
covered what was taking place made
an attempt to get away from the
Smiths, but claim they apparently pres
vented him from doing so.
Mitchell contended that he ap-
preached them in a friendly manner,
hut they did not seem to admire hius,
for he claims they struck him n.lnn-
Der Of times about the head, knock
ing him to the ground. The Smiths
contended that Mitchell struck the
first blow
Judge Kirkmaa fined Mitchell SD
and all the costs, Zack Smith $40 ana
Charles Smith SIS. Charles Smith.
through his counsel, gave notice OF
appeal.
The review. [volume] (High Point, N.C.) 1908-19??, 1920-01-01
OFFERS $500 REWARD FOR THE
mEYNCHERS.

Raleigh. Dec. 20 Governor Blekett
announced today he would offer "a re
ward of $500 for each man appre-
hended and convicted of participation
in he lynching &C powelE Green nsar
Frank1inJon Saturday night, tins
amount being the limit allowed. The
negro shot and killed R. M. Brown,
proprietor of moving picture theatre.
He was being brought here for safe
keeping when mob Of masked men
took him and 1ynched him.
A coroner's jury which started an
investigation yesterday adjourned last
night until Tuesday without naming
identity of the members CT the party,
Governor Beckett in a statement said
al the power of the state will be ex-
erted to apprehend the participants
and make them suffer the full pen
atty of the law
The review. [volume] (High Point, N.C.) 1908-19??, 1920-01-01
OLD KING SOLOMON
WAS A WISE CID BIRD
Knew How to Save His sh.kels by
Puttfng Them Into Safest Invest
naeNts Bankers Could Find.

Old4K King Solomon was wise bSrd.
he distributed lot of mighty GOOD
advice.
But he is dead.
You are alive. You will haveE. to
make your own decisions and deter
mine your own course OF action and
your own future. 1t will not do you a
bit Of good to- try ito communihate
with Sol and have him solve your
problems for you.
Il you got his ear. you probably
would not take his advice.
s5 Z on will have to acquire your Wis
dem as Sol acquired his, by gaining q
broad viewpoint and taking advAnt-
age OF your own experience and that
or others. Solomon was mason be-
fore. he was king and a miner as
weH,sso his viewpoint probably would
not 'Sbe much different from that or
wise workers OF the present day.
You may be sure that the high cost
or living was problem in Solomonss .
day as we'll as in 1919 and thatthe
purchasing power OF shekel, niNsed
from the gold Of Ophir, dNctuated lust
as does the dollar minted at Philzdel-
phia
But Solomon knew that thrift and
saving, the stimulation OF production
and the elimination Of waste would
solve those problems just as the wise
working man knows it today. HeAaid
up lot of coin through safe and Gon-
sservative investment just as wise
men and women have put money for
the future in Liberty Bonds, Treasury
Savings Certificates and War Savings
Stamps. Also there is no record that
anyone ever took any Of that coin
away from Old Sol by inducing him to
speculate in wild cat stocks. Is
He left one bit of advice. the wis
dom of which the years have knot
changed. He said: "a Sgood man
leaveth an inheritance to- his child
ren's children"
You can follow that advice by
steady consistent saving and inVest-
ment in War Saving Stamps #and
Treasury Savings Cert iReafes and in
TafSerty Bcnds &C present sssssstI
These securities bought now will be
an inheritance for your children's
children
Sol had to get wise.
You can get wise just as he did. If
you fail to save you will repent
through many years.
The review. [volume] (High Point, N.C.) 1908-19??, 1920-01-01
CHEF EXECUTIVE SPEAKS
WHOLE STATE SHOCKED AND Hu-
INFLATED SAYS BECKETT, ON '.
EYNcHING.

Exert Every Power to Apprehend the
GuiIty-.Negro's Crime Hideous.-
But Great AS 1t Was, Mob Had Nc
Right to Take the Law Into Its Owr
Hands.
Raleigh, Dec. 28.-The whole power
of the state will be extended to 1ap
prehend the 1ynchers of Powell Green
in Franklintcn Saturday night, declar
ed Governor T. w. Beckett tonight
The 1ynching took place in Governor
Bickett's home county and is the sec
ond within the year in that county
| A coroner's jury this afternoon ex
amined six witnesses but failed to i'm
plicateNany one in the lynching. It de
veloped, however, that the chief of po
lice of Franklinton was holding the
negro when he shot R. M Brown, the
white man, whose murder lead to the
lynching. The jury will, continue it's
inquest Tuesday
+ "The whole state is shocked and hui
inflated by this horrible outrage on
our laws said the governor.
"Such deeds put to open shame our
the name CT southern chivalry a by
word and a reproach. It is true that
the crime committed was an atrecious
one, for he shot down without cause
and without provocation one of the
best citizens of Franklinton. This nat
urally aroused great indignation but
it affords no semblance of excuse for
a mob taking the law into it's own
hands.
f'The negro, above all others, is en-
titled to the protection Of the law. He
has no voice in the making of the
law; he has no hand in it's execution.
ALI the power and all the processes
OF the law are in the hands of white
men and vet this mob savagely denied
to a HELPLESS negro prisoner the right
to stand before a white Judge and a
white jury and receive white mans
justice. The sad truth is that the
men who did this negro to death gave
way to. the same barbarous and brutisn
passions that made the negro shoot
down his victim without cause.
"The members of that mob crucified
the elementary principles Of Justice
for which white men have fought and
bled and died through a thousand
years. They have assaulted the very
citadel of Our civfffzaEfoSf an ia II the
power Of the state will be exerted to
sapprehend them and make them suffer
the full penalty Of the law"