davidaulloa/AmericanStories huggingface dataset:
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-10-25

Advocating the application Of
Christian principles to industrial
controversies as the nations great
est weapon against Bolshevism. Or.
John Royal Harris. Of Nashville. cx-
ecusivc secretary for the South for
the National Reform association, Of
Pittsburgh. will spend this week in
Memphis, speaking before the va
rious civic clubs, in the public schools
and at many of the larger industrial
plants in the city. under the auspices
of the Y. NJ. G. a.
Putting the figures on the Golden
Rule" Is the way Or. Harris explains
the industrial program advocated by
the Federated Council of Churches,
which has been adopted as the pol
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-10-25
These Lovely
New Shades

In the fetching coiorings
and shapes. priced at $25,
e3O, S3I and up TO $50
each. which represent q sav-
ing Of 20 per cent on the
present market. These we're
the sample line OF one of
the biggest manufacturers In
Chicago. and are the best
type of work produced.
These lamps can be bought
on our popular club plan.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-10-25
Finest Rugs Sold in America

Finest French Wilton Rugs,
9x12 size, $4,000.
Finest Royal Wilton Rugs,
9Xl2 size. $4,000.
Finest Seamless quality Of
Wilton Velvets, fringed in
beautiful patterns, $3.50.
Seamless Wilton Rugs, 9X12
size, in new patterns and
Colorings, SIl8.5O each.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-10-25
Commodore Perry Chapter.

Mrs, Edwin r. Washburn. chair
man Of the Pilgrim Tercentenary
corn'nittee of the Commodore Perry
chapter. ID. A, r. calls meeting of
that committee, and all members who
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-10-25

Seamless Royal Turkestan
Rugs, new and perfect
goods, 9x12 size. at S67.A3.
27-INCH BRUSSELS STAIR
CARPET, SOC YARD.
q Wilton Velvet Carpets.
in five different shadings,
specially priced for o4.OO q
yard.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-10-25
Old Floors Refinished,

New floors, metal WeatherstripS
and screens installed anywhere.
Chears k1oor and SCreen 40. MAN
1888 adv
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-10-25
BUSINESS AND SOCIAL.
BROWN BETTY TEA ROOM

oINO " ~ : I'TI y FsA FNJUNI,
At Union Ave and Crosstown.
Appropriate menus for social fes-
tivities. Reservations for IL or more
guests by appointment Employ our
service for special occasions in your
own home, or IN the tea room. Phone
Hemlock 800 adv
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-10-25
Regina Luncheon Thursday.

Members of Regina, No. 10, U. o..
T, S, will entertain on Thursday at
1890 o'clock at the Hotel Chisca, An
artistic program has been arranged
for the occasion.
The luncheon will be followed by
n brief business session.
The president. Mrs. Ben Jacobs, re-
quests that the members make their
reservations at once with MRS
David Levy.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-10-25

are to take part in the program, for
Tuesday afternoon at 80 o'clock
at the Hotel GayoSo.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-10-25

icy OF the churches today. THE goal
of this program is not merely in
dustrial peace, not higher wages nor
greater profits. but justice, the only
basis OF a permanent settlement or
industrial problems" Or. Harris said.
DIR. T.. 4. George. general secretary
of the Y. NJ. c. A.. is working out a
schedule calling for two addresses
by the reformer each day this week
one address was TO be made at the
Vocational high school at 2:30 pm
Monday. and one before the Hi-Y
club at the Y. NJ. c. A. building at
6: 80 pm.
DR.. Harris is we'll known to the
people OF Tennessee. having been
connected with numerous civic well
fare movements throughout the state.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-10-25

from wood alcohol poisoning here today
according to physicians 40 the city hos
pltal.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-10-25

Oriental horses are sometimes shod
the bottom of Lake Michigan.
The monkey is god in India.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-10-25

The longest papyrus roll brought down
from early times is 40 yards long
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-10-25
Rug Prices in Many Instances Less
Than Cost to Manufacture Today

If you the coIorings you save real money buy
ing from this pile of Rugs
8 only-S3Xl06 Seamless, Gray Velvet Rugs .S32.45
l only-Blue and White Body Brussels 9Xl2. $500
Whittall Anglo-PerSian Rugs 6x9. ........ S67.f5
Witons-slightly damaged; 9x12 ........... $65.OO
II l3Xl5 teet-Finest French Witons ...... S2S9.O0
9Xl5 feet-Fnest French Wiltons .......... $4,000
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-10-25
ALCOHOL KILLS TWO.

ST. LOUIS. Oct. 25.-Two men died
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-10-25

Our present shade price lists on "Brenn and "Carmar
been reduced Good Window Shades now be had a
that is 20 per cent less than prices month ago p
orders now for delivery
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23
TOWN FULL OF HOLIDAY
SHOPPERS SATURDAY
Merchants All Did a Big Business
Streets Were Crowded and Park
ing Space at Premium

Liberal was literally jammed last
Saturday with holiday shoppers TAX
ing advantage of the great Holiday
stocks carried by Liberal merchants.
The streets were crowded with
people and all the side streets filled
with cars. The largest bushes er)wd
of the year was in Liberal Saturday
and one and all bought eagerly of
the holiday offering p re local
stores.
The Christmas e. ks this year are
better than ever, nd The people are
not slow to show Their appreciation
of the ferings made.
The early part of this week will
see still create" crowds as the sur
rounding towr, will send their
quotas the first e the week, and a
busy time will ensue up to the very
last day before Christmas.
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23
FALLING GRAIN PRICES
DUE TO NATURAL CAUSE
Manipulation Not Responsible Says
Federal Trade Commission
Which Investigated
HEAVY YIELDS CAUSE Low PRICE
Surplus of Grain in Principal Wheat
. Producing Countries Contributing
Factor in Slump of Markets. Lit
tie Chance for Relief in Sight

Washington, Dec. 20.-Falling
wheat prices. which farmers COM
plain to congress are costing them
millions, are due to natural causes,
according to a report of the Federal
Trade Commission after making an
exhaustive investigation at the re-
quest of President Wilson.
The president declared, after hear
ing the report that the slump was not
due in any appreciable extent to
manipulation of the markets and
blames the heavy yields for the low
level.
1t was shown that the large wheat
producing countries had large
amounts of grain in excess of home
demands which naturally created a
low price in the export markets.
Tables prepared by the Departments
of Agriculture of different cOun-
tries gave the data as to the yield
and amount needed for home con-
sumption.
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23
TWO AUTOS CRASH
LATE SATURDAY NIGHT

Harry Dodd, wife and baby, were
leaving town for their home near
Hayne, when at the corner of Lincoln
and 7th Street, they met Floyd Pear
cy, who was turning the corner, and
the cars came together with crash,
throwing the four-months' baby to
the pavement from the mothers arms
and SCATTERING the windshields of
the cars all over the pavement, and
about demolishing the Dodd car. Mr..
and Mrs. Dodd were badly shaken up
but not seriously hurt and it is thot
that the baby will recover from its
fall. 1t was so thoroughly wrapped
that the blankets protected it from
fatal injury. This corner of the
street is dark and neither driver was
really to blame for the accident.
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23
FREEBY-MooRE

Miss Elsie Freely and Mr.. Harold
Moore were united in marriage at the
Methodist parsonage, Sunday at two
thirty, by the Rev. A. E. Henry. The
only ones being present were o. T..
Dowdy and Faye Barry.
Mrs. Moore is the daughter of Mr..
and Mrs. J. f. Freely of Spearman.
Texas, and has been in Liberal for
some time with the F. G. Boles store.
She has made host of friends here.
Mr.. Moore is efployed as copper
smith at the Rock Island shopss and
he too has many friends. -
Mr.. and Mrs. Moore left on No. 2
Sunday for Kanas City and st. Louis
wheyS- they will spend a few weeks
after which they will return to Lib
eral.
The Democrat joins in wishing
them a long and happy married life,
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23

were asked to be published that the
world may know the intent of the or
ganization.
1t is thought that many of the
people of the city will become part
of this organization since the main
idea is to have a reasonable enforce
ment of the laws of the city and
state.
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23
SWALLOWED TWO sHINGLE
NAILS FRIDAY

Earl Printz, carpenter. swallowed
two single nails Friday while at
work, and as result has sore
throat where they tore the flesh. He
is suffering from no inconvience as
yet from them and does not know
where they lodged in the body as he
suffers no pain. The X-ray failed to
locate them.
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23
A Good Attendance And Good Interest
Taken in Work of Newest
Civic Organization
WILL ASSIST IN LAW ENFORCEMENT
Request Made That Bylaws Be Pub
Iished Met With Unanimous APP
proval. All Citizens Asked to Take
Membership and Assist in The
Work

At the M. E. Tabernacle Sunday
5 afternoon at three o'clock the Law
and Order League which had organ
lied last Wednesday night met for
the purpose of hearing the report of
the committee which was appointed
ad instructed to bring ina constitu-
ton and bylaws. The report was
read and it having been read section
text of the constitution and by laws
by section received approval. The
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23

The motor car on the Byers rail-
road, known as the "Larned motor"
has been discontinued while it is re-
built at the shops at Pratt. 1t is be-
ing remodeled, the drivers cab being
placed above and ahead Of the en-
CINE, which will give the entire space
of the car for passengers, and also
give the engine more protection from
the ther.-Wichita Eagle
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23

The Rock Island force has been
again divided and number of peo-
pie layed off. 1t was thought by
many that there could not be another
such action but it was proven differ
ent.
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23
ANOTHER BIG LEGION DANCE
ON CHRISTMAS NIGHT

The Legion will give another big
dance Christmas night, December
25th, at the Armory. There will be
special music and a good time is
guaranteed all who come.
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23

The jewelry auction sale being con
Quoted by Wilkins jewellers, in the
Electric Light Company office, is
drawing a good crowd who are get
ting bargains in the jewelry line.
The articles are put up and sold to
the highest bidder and some people
are going to receive some nice Christ
mas gifts.
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23

Mrs. Harry Noel and Mrs. George
Hall will spend the holidays with
their parents, Judge and Mrs. L. A.
Etzold.
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23

Mrs. Pete Mcfarland returned
Sunday from shopping and pleasure
trip to Kansas City.
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23

Robt. Dickerson will go to Lor-
ena Tuesday to look after the E. R.
Wade sale.
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23

Joe Ferguson formerly of the
bridge crew arrived in the city Sun
day to join his wife and make their
home here.
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23

G. G. Fisher claim adjuster of
Pratt was in the city Monday.
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23

Miss Rachel Hart. teacher Of the
Antelope school. was in the city Sat
urday.
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23

Mrs. Margaret Hullett, clerk Of the
car department left Sunday for
visit with relatives in Kansas City
during the Christmas vacation.
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23

Don T. Edwards came in on No. !
from Plains on a business trip.
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23

w. e. Burr Of near Sublete was in
the city on business Saturday.
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23

OBSERVATION-DISCLOSURES
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-12-23

Use Daily Democrat Want Ads.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-02-09

good sermon TO his parishioners
sunday morning Rev McQuary
chose as his subject The Mission
airy Obligation OF the American
Church" He said in part
When the pilgrim fathers were
about 20 set out for America they
gathered on the shore and read the
words addressed 10 Abraham by
God, Get thee out Of thy country.
and from thy fathers house unto a
land that 1 will show thee. And I
viii make OF thee great nation.
and I will bless thee and make thy
name great, and thou shall be a
blessing Thus did our nation begin
with a sense OF divine mission. That
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-02-09

traffic was demoralized.
a west bound washington az. car.
No. 604. OF the smaller type, was
proceeding west on washington av.
at Main ST when a larger car com
ing from behind. jammed t. The
wheels of the smaller car left the
tracks. after which the car turned
sidewise and headed for the First
National bank in the oliver hotel
building. being stopped only by one
OF the massive iron poles planted al
the curbstone. The car had good
sized load Of passengers but none
were injured, the only damage done
being the smashing OF the headlight
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-02-09

consciousness Of being called OF God
has grown with our history. Ameri-
cans openly speak today OF the posi-
zion OF the moral and spiritual lead
ership which America has before the
world. We do not wish TO lose that
position.
America Should Lead.
such a position OF America be-
fore the worlc offers the church her
great challenge. The American
church faces three issues OF which
she must take recognition II she IL
20 hold any leadership in our ma
tional life.
First, a great scientific develop
ment that has brought in new
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-02-09

forms. new concepts. new interpre-
tations Second. an unprecedented
commercial development. Third. the
issue OF internationalism
The brightest spot Ia the story OF
the church is the missionary enter
prise. Here is where international
ism is upheld. Here Chr .stianity is
at its purest. Jesus was an interna-
tionalist. and the worlds greatest
democrat The church must repent
in sack-cloth and ashes for the
crimes she has committed In the
name OF purity OF doctrine. in the
name of theology. We need less
talk Of Jesus. and more OF his spirit
uaI life. His ideal was the kingdom
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-02-09

Of God and his righteousness. He
conferred everything in brotherhood.
The American church must stand by
brotherhood and it's work among ma
tions The time Will come when His
craftsmanship will be taken serious
~ as the one ground for solution Of
problems arising between man and
man. between nation and nation, be-
tween race and race"
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-02-09

Every husband was once a bache-
Tor with the midnight habit; and ev-
cry man Is like a cat; IL he has NJ
other place 10 wander, he will wan.
der around the house nights. Jus
let him prowl!
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-02-09

/. Chas A. Naragon. the trustee OF
Liberty township. St. Joseph county,
Indiana. do solemnly swear that the
preceding report OF Receipts, Dis
bursements. and Balances is true and
correct, as / verify believe, and
further declare that the sums with
which / am charged in this report
are all Of the sums received by me,
and the various items Of eXpendi-
lures credited have been fully paid
in the sums stated, and without exc
pressed or implied agreement that
any portion thereof shall be retained
by or repaid 10 me or any other per-
son. And I further declare, and
swear that I have received no money.
nor articles of value in considera-
ton Of any contract made by ne as
Trustee Of this township
CHAS A. NARAGON. Trustee
Of Liberty township.
Subscribed and sworn 10 before
me, the Chairman Of the Advisory
Board Of this township. this 9th day
OF January, 1920.
John &. Sheueman. Chairman Ad-
visory Board OF Liberty Township
This report was received, accepted
and approved by the Advisory Board
OF this Township al its annual meet
ing, this 9Th day Of January. 1920.
JOHN A. SHENEMAN
". +. NEWCOMER
CHAS. (. HEM
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-02-09

and a few windows on tho car.
stops Traffic
With the head of she car arai,-S
2 pole az the curstoue the rear cE-
tended just over the other pair of
tracks. thus stopping street car
traffic on Washington av.
Half an hour later q urcrking
crew arrived. and were haupered in
their work hy crowd OF 500 neo-
pie. homeward bound who were
waiting for traffic % resume The
police were not notified of the acci-
dent. and street car officials pro-
fessed ignorance of g.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-02-09
DELIVERS SERMON
ON OBLIGATIONS
Rev. Rodney L. MCQuary Tells
How America Began With
Divine Mission.

Rev. r. l. McQuary. pastor OF the
First Christian church, delivered a
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-02-09
TRAFFIC HALTED
BY CAR ACCIDENT
One Man Car Leaves Tracks
In Center of Town and
Hats Service.

For a half hour Sunday night. be-
tween 1910 and 10:40. street car
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-02-09

l. Frank S. Nash. the trustee OF
Lincoln township, st. Joseph county
Indiana, do solemnly swear that the
preceding report of Receipts, Dis
bursements and Balances is true and
correct as | verify believe; and
further declare that the sums with
which l am charged in this report
are all of the sums received by me,
and the various items of eXpendi-
lures credited have been fully paid
in the sums stated and without eX-
pressed or implied agreement that
any portion thereof shall be retained
by or repaid to me or any other per
son. And l further declare, and
swear that I have received no money,
nor articles OF value, in cOnsidera-
ton of any contract made by me as
Trustee of this township.
FRANK S. NASH, Trustee
of Lincoln township.
Subscribed and sworn to before
me, the Chairman of the Advisory
Board Of this township, this 9Th day
of January, 1920.
W. H. Beatty, Chairman Advisory
Board Of Lincoln Township.
This report was received, accepted
and approved by the Advisory Board
of this Township at its annual meet
ing, this 9th day of January. 1920.
W. II. BEATTY
GROVE VOSBURGH
Advisory Board Of Lincoln
Township
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-02-09
TOWNSHIP FUN

TOWNSHIP FUND
Bal on hand Dec. 81. rs 5 2,492.54
Receipts during year - $685.
Total OF Bal. and Reefs. 3,457.90
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-02-09

Bal. on hand Dec. 81. IS S5318-65
Receipts during year 49, 5,9l9.5T'
Total of Bal. and Reefs. 11,23822
Disbursements during VI. 6,S38.23
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-02-09
TOTAL or ALL FUNDS

Bal on hand Dec. 81, Is 5 9,752.49
Receipts during year ---- 36,O55-9l
Total Bal and Receipts - 45,7ss.f6
Disbursements 34.O28.28
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-02-09
SUMMARY

Total Disbursements 5 7.Ss5.37
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-02-09
Final balance -------S 1892

SPECIAL SCHOOL FUND
Bal. on hand Dec. 81. Is 5 I,698.l0
Receipts during year --- 8,719.78
Total Bal. and Receipts 60 1857 IS
Disbursements -- 9,715.98
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-02-09
Final bal Dec. 81, 10 5 1899 90

Bal. on hand Dec. 81. ISIS l.87f.75
Receipts during year - 4,510.16
Total Bal and Receipts 6,384.91
Disbursements -- ------ 5.342.76
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-02-09
SUMMARY
T0WNSHIP FI-Nn

Total Expenditures - &3I991.26
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1920-08-05
FISHERMEN
WAGING WARFARE

SAN DIEGO, Cal, Aug. ga P.)
I-Investigation of the local police to-
day convinced them that warfare
which has been carried on intermit-
tently for several years among Aus
|trian, italian and Japanese fishermen
on the fishing banks off the lower Cal
Iifornia and southern California coasts
has broken out afresh, and with at
least two casualties. Two bodies
found floating in the bay several days
ago have been identified as those of S.
Tani and T. Ishr. Japanese members
of the crew of the Japanese fishing
smack Yamato, operating under char
ter to the Long Beach Fisheries Com
pany.
The Yamto, according to evidence
gathered by the police. crashed into
the jetty at the entrance of the har-
Dor ten days ago and sank. According
to the police severl other fising boats
have entered the harbor with their
cabins and upper works almost rid
died with bullets and it is reported
that practically every fishing boat
leaving this port or San Pedro goes
heavily armed.
The police said the situation had
been aggravated by the coming to the
hanks of Austrian manned purse seine
boats from Puget Sound and that the
Austrians were charged with having
destroyed thousands OF dollars worth
Of nets and gear belonging to Japan
ese and Italian fishermen from South
ern California.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1920-08-05
ARMY DOES NOT WANT
CRIMINALS IN RANKS

WASHINGTON, Aug. 5.--(A. P.)-
Allis Taylor, a II year old North Caro-
lima boy. sentenced to year in prison
land to whom Governor Beckett ex-
tended a pardon last week on condi-
tion that he enlist in the army or navy,
win not be allowed to take advantage
of his opportunity. according to a
statement given out today by Adju-
tant General Harris, who heads the
army's recruiting division.
Neither the army nor the navy is
permitted to accept any man for en-
listment," he said, who has done
time. onr army is not a refuge for
convicts."
Taylor was convicted of bootleg
ging.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1920-08-05
CANADA RAIsEs RATEs.

MONTREAL. Aug. 5.--(A. P.)-
The Canadian Railways will increase
freight and passenger rates on move
menrs to and from the United States
on August 20. as a result of the recent
decision OF the Interstate Commerce
Commission granting increased rates
to railroads in the United States. The
increases according to a statement is
sued tonight from the offices of the
railway association of Canada, will be
25 to 40 percent on freight. 20 per-
cent on passenger fares and so percent
on sleeping car fares.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1920-08-05
new STEAMER SERVICE
FROM SOUND TO ST.

SEATTLE. Aug. ga. P)--An-
nouncement of the Inauguration of a
new steam schooner service between
the North Pacific and San Francisco
was made here today by representa-
tives of the Coastwise Steamship Co..
a new concern. which is represented
here by the General Steamship Cor
poration. The first sailing will be the
Fred Baxter. from Seattle and other
Puget Sound ports on August II. The
company expects to secure other YES
sells and increase the fleet, it was
stated.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1920-08-05
RAILROADS WANT TO
BORROW 4OO,OOO,OOO

WASHINGTON, Aug. 5.-(A. P.)
The railroads will offer approx
mately four hundred million dollars
worth of securities to the public in
learned, unless present prices are up
set. The proceeds will be applied on
the purchase of new equipment, of
which more than l6 million worth is
needed in the next year.
The interest rate, it is believed. will
be seven per cent. Quick sales of Sc
curjties will result in more being put
on the market, it is understood.