davidaulloa/AmericanStories huggingface dataset:
The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1920-06-04
4 + 4 4 X 4 4 \ y 4 4 X \ 4
COLLEGE NOTES !

At a meeting of the student-body
Tuesday morning Fay Tolles was
elected tennis manager for next
year and Margaret Rudy literary man.
ager.
DIR. Charles Chalfant has received
word that the Harlem Y. M. C. A. of
New York city has shipped the fine
collection of birds which they gave
to the College of Idaho museum.
N. N. Nash of the Parma schools
visited the college Tuesday.
Charles Furguson of the class OF
'l9 was at the college Wednesday.
Mr.. Furgusons has been studying
medicine at Portland. Ore.
II. R. Cleaver entertained a number
OF college students at his home on
dearborn street Thursday evening.
The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1920-06-04

The physical culture class will hold
picnic at Memorial park Wednes-
day evening.
The domestic science class enjoyed
a picnic lunch on the campus lawn
Tuesday evening.
The management of the College
Coyote have presented the college IL
brary with bound file of the years
issues.
Work is now progressing on the
The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1920-06-04

Al Jul NuSSiA tuCiC nv iCuStOtai
mo ear, no money. no property, no
commerce. no happiness, no safety,
only freedom" Chattanooga News.
Senator Capper calls the United
States robbers roost. If they rooss
as high as their prices they are safe.
Cleveland Press.
Isn't it funny how many revolu-
tons they have in Mexico! Almost
as absurd as the number of strikes
we have in the United tSatesl-Brook-
ilyn Eagle.
The secretary of labor says the
country will have three years of plen-
!ty If he means three years of what
we have been having the country al
ready has plenty.-Paterson Press
Guardian.
The tallest man in the world, some
nine feet high, has arrived in this
country from Denmark. Maybe At
torney- General Palmer can induce
him to reach up and pull 'em down.
Nashville Banner.
Prince Joachim got sore because a
French officer would not rise when
they played Deutschland Uber
Allies" He seems to have forgotten
that the whole French nation rose
over it once.-Manila Bulletin.
Those who gave their lives get no
|bonus.-Columbia Record.
Mexico should adopt the cactus as
it's national flower.-Grand Rapids
Herald.
Equal pay for equal work wouldn't
be SO bad if we might get equal work
for equal pay.-Columbia Record.
In the matter of candidates the peo-
pie desire man and the politicians
desire a winner.-Greenville Is. c.
Piedmont.
Having failed to get in touch with
Mars, they might next try to COM
municatc with Colonel House.-Nash-
vile Banner.
There will be no opposition to
heaping honors on the army mule.
Anything with kick is popclar now
adays.-New York World.
III Americas industrial problem
was in Ireland or China, Congress
could think of a dozen good ways to
solve it.-Salt Lake City Telegram.
The recognition of Armenia will
convince the Turks that they failed
in their efforts to make it unrecog-
nizable.-Greenville Is. c. Piedmont.
How can we tell whether 2.75 beer
is Intoxicating unless the Supreme
Court decides we can have some to
experiment withaBroolktyn Eagel.
The Polish government seems to
have an eye to business when it Sc
lects as minister Of finance a man
named Grabski-Indianapolis Star.
John Barleycorn refuses to join in
the accusation that Bryan is paci.
|fist.--Chattanooga News.
What beautiful dime novels Attor-
ney-General Palmer will be able to
write when he goes into retirement
Philadelphia Evening Ledger.
A "Be Kind to Husbands Week" is
proposed in Kansas City, but let us
beware how we run these benevolent
schemes into the ground.-Boston
Transcript.
A correspondent says that the Rus
sian people at large are being con-
verified to Bolshevism. As we under
stand it, if they aren't converted they
won't remain at large.-Manila Bull
letin.
In The Literary Digest poll, some
body records Douglas Fairbanks as
his choice for president 1t wouldn't
surprise us if somebody were to NOM
mate Charlie Chaplin on a custard-
pie platform.-Houston Post.
A lot of these presidential candi.
The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1920-06-04

one former service man committe a
crime. more than four million are liv-
ing useful, law adibing lives. That
the heart of the American soldier in
civilian clothes is~right, requires no
more specific evidence than a mere Pc
rusal of the oath requisite to member
ship in the American Legion.
The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1920-06-04

auditorium stage to equip it for the
presentation Of the senior class play
which will be given next week.
Examinations are being given this
week instead of next week because
of the petition which the students
presented to the faculty.
Collections are now being made
from the students who agreed to help
raise the football deficit so as to close
the year with a clean slate.
The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1920-06-04

number" omit to mention the fact
that they consider the greatest num-
Der to be Number Manila Bull
letin.
New-York tribune., 1920-10-24
Way OF Arriuing at
Reasonable Rental

Stewart Browne suggests that
since the September rent laws do
not provide for a method Of arriving
at fair and reasonable rent the
Board of Justices adopt the following
rules, to be acted upon by each JUS
tice in all cases.
81. A reasonable rent shall be
equal to 10 per cent net income on
the pre-war value Of property.
"2. The Is per cent net income
shall be gross rents, less taxes.
water rates, cost of operation and
maintenance and per cent for de-
probation.
"3. Pre-war value shall be the
highest amount of the following:
G) 1920 assessed valuation; CD pur-
chase price Of property, plus cost of
mprovements, less deprec Of l
per cent per annum from date of
purchase, and CD original construc-
tion cost of building, plus cost of
improvements, less depreciation of l
per cent per annum from date of
construction, plus 1920 assessed
value of land
81. No tenant shall be entitled to
question the reasonableness of any
rent where the tenant shall have
paid the same rent for one month,
where the same rent has been pre-
viously adjudicated by a municipal
court or by the Mayors committee;
or where the tenant has signed a
lease to pay the rent, unless the ten
ant produces written evidence or
reponderating oral testimony that
he signed the lease under duress and
under threat of eviction if not so
signed"
New-York tribune., 1920-10-24
Public Buying PoWer Sustained
Despite Slump, Says Producer

Retailers who have been turning their stocks money,
who have been small quantities
wholesalers will be in the market for goods the opinion
Of Jesse er of the firm Stern Heineman
producers of infants and chidren's garments.
"Not particular ine" Mr. erf,
tay commodity the department
has been of merchandise
The merchandise Of the leading
stores tells that his sales for 1920 far show
last than the sales in 1919 did 1918 There
high
spite of this fact Lately prices have been declining
sonabe to believe that with the objection high
will purchase their goods with less
"Thc purchasing power public sustained
and business find the bulk falling on
the good quality merchandise.
"The retailer is hesitating up in the
pubcs buying and because whole
sale experience squeezed
all
prices, which likely be
New-York tribune., 1920-10-24

conditions. Those from the Northwest
and the Pacific Coast, and all districts
where the crops have frequent turn
overs each year, were more hopeful
than those from the South, which still
is all too dependent on the fate of cot
ton, which goes to market only once
year But even some of the bankers
from the cotton belt appreciated that
the shrinkage of value of the staple
was part Of a worldwide movement to-
ward lower prices. A Richmond bank
executive said that, even if the present
crop is marketed at loss, the shrewd
agriculturst will have saved enough
from the three previous years of un-
wonted prosperity to average up this
years disappointment.
Pledge Aid for Cotton
Led by Robert f. Maddox, Atlanta
banker and former president of the
American Bankers Association, a
group of delegates from the cotton belt
pledged themselves to lend their aid
to the formation of $12,000,000 Edge
law corporation to be formed for the
purpose of facilitating cotton exports
to Central Europe, and eventually for
promoting exports generally from the
district below the Mason and Dixon
line. Moreover, the members of the
association resolved that the banks of
the country make credit available for
the orderly marketing of the crop, and
the only encouragement that the farm
ing element received in Washington
emerged from the convention, which
approved the policy of laissez faire of
the government.
Although indorsing the Reserve sys-
TEN, the convention deplored the at
New-York tribune., 1920-10-24
Assert Cotton Decline
Not Justified by Facts
Southern Merchants Charge
Mills With Making Huge
Profits on Goods

Six of the leading raw cotton mer-
chants in New Orleans in lengthy
statement just issued assert that the
decline in cotton prices has been too
severe "and is not justified by the
facts in the situation.'
The statement contains the allega-
tion that cotton never reached the
high levels proportionate to the price
at which manufactured goods sold.
"ln the spring" it says, "before the
recent cut of 33 1-3 per cent was an
nounced by one Of the leading textile
concerns of the country, a standard
line of white goods selling at 40 cents
yard, was bringing gross profit of
S1.75 pound for the cotton. Esti-
mating 80 cents pound as covering
the cost of vast and manufacturing
and allowing 40 cents a pound for
the cotton, this shows net profit
realized by the manufacturer of 81
per pound on every pound of cotton
manufactured.
"Taling SO 8 off the cost of manu-
tactured goods, the facts cited above
show that the manufacturer could af-
ford to pay 50 cents pound for cot
ton and yet make a net profit of ap-
proXlmately IS cents a pound on the
cotton used in manufacturing these
standard grades and something more
than so cents on the lighter weights"
he statement asserts that the cost
Of producing this years crop is around
81 cents q pound.
New-York tribune., 1920-10-24

Akron an exodus of imported laborers
has made the 1920 census figures
already hopelessly out of town. Many
of them have wandered back to coun-
try places whence they came. To West
Virginia large contlngents have re-
turned. And Of those who remained in
Akron many who had been laid off by
the great rubber plants were reen-
gagged, according to statements made
by bankers to The Tribune correspond
ent, on lower basis Of compensation.
No Real Labor Scarcity
Although in some districts where in
dustry is still whrring there is q
scarcity of labor, this condition is due
not to any shortage over the nation as
whole, but apparently to poor dstr-
button of the human forces of produc-
ton. This suggests the need of more
scientific nationwide instrumentalities
of bringing job and man together in
this period of accelerated fux. So
called labor generally has not been de-
fated, according to the bankers, but
there is to a great extent a buyers in
stead of a sellers market. The dele
gates wish an adjustment of wages
toward a new price level, but recognize
that the human factor will probably
control the course of the change, since
labor is not commodity in the sense
that it is an inert object that is sensi
tive to external forces, but devoid of
a will.
Bankers from the farming districts
were slightly more apprehenSive about
New-York tribune., 1920-10-24
Freight Car Loadings Set
New Record for Year
Total for Week Ended October 9
Was l,O09,787 Cars; Was En-
ceeded Only Once Before

A new record for this year for the
number of cars loaded with CONNER
clal freight on the railroads of the
UnlMd States was set during the
week ended October 9. according TO
reports compiled by the Car Service
Division of the American Railway AS
ISOLATION. The total was .009 1877 cars.
as compared with 9S2,171 for CORE
spending week of 1919 and 959.-22 dur
ing corresponding week in 1918.
This was the first week this wear in
which freight car loading passed the
million mark. and represents an in
crease of $4,000 over week of October
z The total of 1,009,7S7 week has
been exceeded only once. according to
records of the car service division.
In one week of 1919 total car LOADING
was reported as 1,011,422 Increases
as compared with the corresponding
week of 1919 are shown in the Ale
gheny, Eastern, Northwestern, Central
Western and Southwestern districts
while there were decreases in the
Southern and Pocahontas districts.
Increases are shown in loadinc of
coal. coke, ore and forest products
while there were decreases in grain
and grain products, livestock. merchan-
disc and miscellaneous freight as com
pared with the corresponding week Of
the previous year.
New-York tribune., 1920-10-24

tacks of John Shelton Williams, Comp.
troler of the Currency, on the cal!
loan policy of the New York national
banks, and the state bankers section
bitterly criticized w. p G. Harding
governor of the Reserve Board, and
ms associates for their efforts to make
checks collectible at par throughout
the country.
Tax System Criticized
The convention was almost without
defenders of the present tax system.
John Il. Drum, the new president of the
association. at his installation said that
he wished during his administra-
phshed. One was a reorganization of
the taxes to make them a smaller fac
tor in the cost Of living and to make
the incidence more equitable. The other
two planks related, first, to the propo-
sal to sponsor a $10O,OO0,OOO Edge law
corporation to aid in the financing 1T
foreign trade, and, second, an active
campaign against stock swindlers for
the purposes of protecting the thrifty
and of diverting funds into legitimate
industry instead of into the channels
Of fraud.
AS the delegates filed out Of Wash
ington they were imbued with spirit
of hope regarding the outlook. Some
took the view that the period Of ad-
justment might last years instead of
months, and that the mortality rate in
business would rise rapidly as the proc
ess developed, put even this minority
which leaned toward pessimism ex-
pressed confidence that in the long run
the movement will leave industry and
commerce on stronger basis.
New-York tribune., 1920-10-24
Sheetings More Active
Lower Cotton Goods Prices
Stimulate Buving

Buying Of bieachcd mas.ins. sheet
ings. etc, following the naming Of new
low prices by leading mills. has been
more active than has the purchaslngoI oI
percalcs. on which new prices ~ers
made shortly after the new LISTS OIL
white goods we're issued.
Converters who are placing percales
on the same basis AS the large comnls.
sion house that made new prces report
lack Of interest In these goods uthe'
large percaie producers are stii!
name prices. The 60 so construction.
now selling at 10 cents yard, o,
fhtlv less in the cray or unfinished
state. is priced at Is cents in the for"
OF printed percalc. 1t Is felt that some
other producers may figure on lo"si
price for gray goods or be Wiling "
accept "a lower margin OF pront Snn
thus undersell the goods already prlee@
New-York tribune., 1920-10-24
I8c. Leuel for Cotton
Seen in Mil Buying

One of the significant develop
ments of the week in the cotton
market, according to Arthur
Richmond Marsh, g noted OBJ
server, was the first evidence of
mill buying when December con-
tracts broke through IS cents.
Although Mr.. Marsh was not
certain that the bottom had been
reached, he intimated that there
was a feeling in the trade that
New England mills were figuring
on an 1S-cent level. Mr.. Marsh
appeared not to be alarmed at
reports of holding cotton in the
South for higher prices, pointing
out that the movement was most
pronounced on the Atlantic sea-
board. Not until farmers in this
section "throw their crop over
board" will the bottom be
reached, he said. Trade demand
governs the price, he said, and
at present that is almost negli-
gible.
New-York tribune., 1920-10-24

whose value is either worthless or
stionable.
The Postoflice Department has un-
covered many stock swindcs through
its supervision of the mails, but this
has been .circumvented to degree in
some Of the larger cities by promoters
of questionable enterprises who 20
from house to house and deposit their
literature in mail boxes Of individual
tenants.
This class Of literature usually con-
tains glowing descriptions of an oil
property or silver mine not mentioned
by the recognized financial manuals The
cll prOspectuses invariably refer to the
millions made from petroleum by the
Rockefellers and then go on to relate
tie wonderful prospects Of the prop
erty in question. The promoters are
always described as men who wish to
let the public in on their expected
realization of great wealth.
Blue-sky laws have been enacted in
states, but unworthy pro-
motors continue to ply their trade
Typical examples were furnished dur
ing the big oll boom last year, when
the public indulged itself in frenzy
OF speculation in wildcat oil shares.
The National City Bank in its latest
circular says that the fotation of ex-
tremely speculative stocks during and
since the war has had much to do with
the present tight credit situation. Spe-
clal reference is made to stocks Of
packing companies which were sold
mainly to farmers on the representa-
tlon that the undertakings were of the
nature Of cooperative enterprises. The
would-be investors could have bought
the stocks of The long established Chi
oago companies in the open market at
less than their book values at the time
they were making their subscriptions
to these new concerns.
New-York tribune., 1920-10-24
Small Textile Jobbers
Control Cloth SuppIy

The small textile jobbers are now the
principal sources of cloth supply for
the retailers and garment manufac
turers because of the fact that they
are generally underselling the mills.
The jobbers, many of whom entered
business on the speculative rise dur
ing the war, are believed to be well
stocked with goods, on which tncy are
now taking large losses in order TO
move out their accommodations OF mer-
chandsc.
Retail buyers now in the market
frequently assert that they are buying
nothing from the mills, but are pick
ing up odd lots of merchandise from
the distressed jobbers and keeping
their stocks up in this manner In the
silk tran particularly, the stock Of
merchandise in the hands of the job
bers is recognized by silk goods manu-
facturers as the chief stumbling block
toward the resumption of normal mill
business
New-York tribune., 1920-10-24
Mid-Winter Millinery
Openinr This Wee,

In keeping with the four-season
movement inaugurated last year in the
millinery trade, hats for midwinter
wear will be given a special display in
the local and other Wholesale mar
kets during next week
A feature of the distinctly winter
millinery week will be the fashion show
staged by the Retail Millinery Associa-
tloS OF AAmerica on Tuesday night on
the roof OF the Century Theater. One
hundred and twenty hats made by mem
bers of the Association of Ladies' Hat
ters will give the visiting buyers an
idea of the foremost styles projected
by American millinery designers.
New-York tribune., 1920-10-24
Prices Causino
Actual Losses.
Say Retailers
Shoes and Furs Bearing
the Brunt of Pressure;
Situation Explains Lack
of Buying at Wholesale

Local retailers who assert that they
are llquldating their high priced stocks
now believe that present retail prices,
with few exceptions, are about as low
as they can consistently go, even though
further reductions are made By manu-
facturers and Wholesalers The retail
ers have a long list of items which
they assert, they are selling at an
9ctual loss. CT these commodities
shoes and Iurs seem to be bearing the
orunt OF the liquidation movement at
retail.
One retailer for instance, has re-
duced his maximum price on shoes to
Sl2 and is now selling footwear that
actually cost him as much as S14 a
pair at this price Figuring his over
head in the shoe department at Is per
cent, which is low margin compared
to most retail stores he says he is
actually losing more than 50 pair.
Something Of the same thing is true
IN the fur department. Losses in some
of the other departments in the store
are less and a few departments are
showing profit.
The point that the retailers now
make IS that they cannot apply the
same method of selling - new stocks,
that is, making the retail price 50 tow
that the transaction shows loss. The
Sl4 shoe in question now costs the re
taller about $40, but a retail price of
Sl2 would not show normal profit.
Numerous instances Of this sort are
related by retailers in explanation OF
why they are not making extensive pur-
chases Of new goods. Manufacturers
prices, they say, are not low enough
in many cases to permit Of merchan-
dising prohtably on the new retail
basis, which has been forced by the
reluctance Of the public to continue
It's purchase on the old ecala
New-York tribune., 1920-10-24

The firm of Robert II. Ingersoll &f
Bro, sponsor of the dollar watch of
pre-war days, is trying to find an
answer to the question of when and
how the present price of $3.50 for the
cid dollar watch can be lessened The
immediate objective in the price-reduc-
ing line is believed to be S1.50, which
may be achieved if certain chain of
circumstances can BE developed. The
watch makers, however, are up against
a harder proposition than are many
other lines Of industry in their en-
ccavor to chop something from the
existing prices. Raw materials, prn-
clpally brass and nickel, play a small
portion IN the cost of production,
barely 10 per cent. This includes
steel springs, which contain high
percentage of labor cost. These raw
materials have not declined enough to
make any perceptible reduction in man
utacturlng costs, says an official of the
firm. Labor, the chief element, remains
at the high figure to which it was
Locsted jurlrg the war and in the
boom period following the armistice.
W hat the lngersoll people did during
1914, 1915 and 1916, when increased
cost OF production first began to as
sert itself, may be done again. Dur
ing those years. according to figures
presented by the firm, the old dollar
watch was maintained at that price at
an actual loss 10 the company. Like
other firms that have built a reputa-
ton on a standard article at stand
ard price, Robert II. Ingersoll &,
Bro. figure their slogan Tho Watch
that Made the Dollar Famous" as Of
Inestimabe value. The slogan has
been useless since early in 1917, when
lne company was compelled to run the
price up to $l.35. Since then the cost
mas risen in proportion to production
costs and the present price is based
on the same percentage of profit that
obtained previous to 1914.
If we could get our production
costs down 10 per cent and maintain
our same percentage of profit and the
same percentage of profit for the deal
er, said an official OF the comnanv.
Ut would bring down the final cost to
the consumer more than 10 rer cent"
fuily 80 to 40 per cent of the com
pany's total sales may be classed as
hol,day trade, and this year the volume
normal. During May, June and J:ly the
sale figures showed an alarming decline
put more Intensive sales methods have
brought the present volume of sales
close to the schedule that is set at the
beglnnlng OF each year. There is moth
ing IN the present trend of sales. it is
reported, to force a price reduction in
order to build up volume The posi-
bility that a falling off in demand NAV
assert itself in the future is stirring
the company officials to take steps to
bring down the price.
Sales records of the company show
that the present demand is not so
heavy for the lowest price watch as it
was before the war. The introduction
of wrist watches, luminous dials and
other features has increased the de-
mand for these types