davidaulloa/AmericanStories huggingface dataset:
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-12-26
OBSERVE ANNIVERSARY
OF THEATER DISASTER
Congregation OF monumental Epi.ru-
gal Win observe Catastrophe
Which Occurred Years Ago.

or Monumental Episcopal Church will.
tonight ohSrrI" thu anniversary OF
the destruction 10y FIRE OF tho Rich-
lrond Thcatcr. which stood on IN.
site 81 the church 100 years AGO. ON
That night more than 4 cantU-y ago.
the theiter was destroyed. and from,
IT. ashes mo hotics .; scores Of the
Vest people OF Richmond and Virginia
Yer" taken. In the from. yard Of the
present 'A.Hcr monument marx :
the sp0i ANA commentaries me
tragedy ~ lo9 years ago. Upon N.
site az .iN, old thcat"- WAS erected the
church. -hich stands as d monument
10 lie dead % long ago.
pr, DOUGLAS Freeman viii deliver
tn" anniversary address sunday
night Citizens generally are in
Nit~d % attend and tax. part n the
memorial "Nr-c!seS, which VIII be OF
IN appropriate character.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-12-26
{. K. GRADY, so. DIES
FROM HEART TROUBLE
Trninmn>trr nu u. T.. ~ T.. Itnilron,
for twenty Years PASSES Away
nj Iinn.

l.. Is. Grady. aged so. for twenty
years tralnmaStcr OF the Richmond
Frederick shu-g and Potomac Rail
ROAD. died yesterday morning AZ 1910
CLOCK of heart trouble after sln III
ness OF week at his home. West
Franklin Street. The funeral will
nc from the home tomorrow after
noon at O'Clock. followed by burial
n KiTerv!cw. Rev. l.. T. McFaden.
Il. ~. VIII conduct the services
MIR. Grady Was born in Richmond
ANA attended the public schools here
lie began his railroad career with tho
X. +. y L. ~ the age OF II and was
;:a!nmaStcr for about twenty wears
IL. attended second Baptist Church.
BESIDES wife. Mr., Grady is sur
r.Neu by daughter. Miss Louise
one sister. Miss Sally, l.. Grady.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-12-26
SPECIAL MUSIC PROGRAM
AT CHURCH OF EPIPHANY
"Star ~. lhcihlrhrm" VIII he Sung
at N-ChriStmns Hymns
l.y Congregation

In placc OF the regular cvcniNS
service and sermon today. there Will
be a spec, .II musical service at The
Epiphany. NartOn iicights. Rev. !.
ta;a Tho star OF Bethlehem" 49,
d. sang at 500 i. ". The solo parts
VIII be taken by Miss Yarbrouch.
MeSd.mcs Branch and De Wit ard
N'Sscrs Bennct and Mann. The con-
rrcgation WIFE he given the oppor-
tuni;y Of participating n the service
WITH the singing OF several OF the
nll Chr.stmAa liymns.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-12-26

render vocal selections
Included IN the prorra::, will he 4
march by Hall. ''lndcpcndurtia" (ob-
nSai" for French horns and from
mone,tc": Cornct solo 10y Nrvin. MY
Rosary. (Jamcs BickerstanO: waltz
by jacob. "Miam! shore: selections
rom III Trovatorc." by Verdi tbar!7
t"Hr obiiSato. Joseph l.aEratta)
walt2. Among the Roses. sercnadc
l"aaants Hearts and Flowers. lla-
gers internc2zo. MIR. Rampon. and a
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-12-26
SECOND BAND CONCERT OF
K. OF C. THIS AFTERNOON


The second concert Of the knight
81 t"iumSus BInd will be given IN
McGi!l catho!ic Union auditorium this
iit.rnoen ~ : O'clock The publ!-
urged 20 attend. The band il nov.
/" Year OLD and IS under The direction
OF i,hi!!D colavita. bandmastcr
John I. Burke. war correspondent,
OF The New York Herald in Europe
rom 1914 20 1874. and now manager. :
editor OF The Times Dispatch and
pal speaker. ". Casper Deadly vii!
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-12-26
Judges. Decision for Mn.b-rr

NEW WORM. Dec. 25--Sam Mos
berg. who Won the worlds Olympic
lightweight boxing championship ~
Antwerp, received a judges decision
here in the second professional ma; ch
Of his career. Il tcn-rcund bout with
raul Edwards. Both are New York
toys. MoShcrg weighed 1874 IL and
Edwards IL" IL"
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-12-26
Announce Marriage of Daughter.

Ny. AMI Mrs Alfred L. Collins. an
nouncc the marriage OF their dauGh-
ter, -N!,enG, - r. Everet;e Conrad.
Jr" @: Richmond on u : 9 IN b T
% MIR. and Mrs. Conrad will be at
home in Dorchester Apartments after
January To-
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-12-26

N-cHMo1f Chaptr- Arr.rican As
snuiati1. ~ Eng'.~rs. Viii he aa =
dressed Dr Ar'hE. Scr!vener. vice
president Il Richmond Chan,rr. to-
lrcrr1 = afternoon at ! o'clock IN
l.ErU;r no Iic'"i on rh- "I.iasrsirC
T f7- T. CHEERS. Surveyors ana
.-ffhl,e-.S giving summary Of The
The Washington herald., 1920-03-01
Low EXCHANGE
STOPS TRADE
Present /, Rates Make
Impossible for Many
To Seek Exports.
A COMPLICATED Task
Remedy Seems to Lie In
Creating Founda-
ton Abroad.

In sterling. the one pound O.
shiIIings can be bought today Tor
sa37. The normal pre-war basis
was $3.50 to buy 20 shillings
The ma ximum retail price OF but.
ter in the British Isles has been
fixed by the food controller at Iii
shillings. This would probably re-
feet to a value in British ports for
; imported butter OF about . shiIlfngs.
or say, equal to 4s cents in our
money. pre-war.
One of the big butter exporters
competitor OF this country, is Dem
mark. Considering the short voy-
age and low freight from Denmark
! long voyage and higher freight
from the United States, Danish but
| ter. selling at 2 shillines cas- cents
pre-war) would probably not seek
the United States unlSs IL would
bring about go cents PEI pound here.
What is the condition today: In
| stead of sending their butter to the
British Isles and receiving shill-
ings in return. which they would
then spend in British markets for
, British made goods which theA
need. the butter is sent TO the Unit
ed States and is actually selling to-
day. at arrival in United States
ports, at about so cents per pound.
With that so cents they can, on to-
days demoralized exchange, buy
31-s shillings and thus have .
shillings to spend in England. which
| goods Denmark wishes to import.
instead of shiIlings. which they
would have if they shipped their
butter to England. their natural
| market.
/ This means that butter produced
| in the United States has not only
/ lost its export market but there is
a premium of so per cent to the
Danes in importing butter from
Denmark into the United States, as
compared with their natural Brit
| ish market. and the American pro-
ducer must meet that competition.
This is typical of the trade con-
ditions created by this extraordi-
nary collapse in foreign exchange.
and butter is only one Of the many
! instances in which this situation, IL
tural producer. and also the manu-
facturer of all articles for foreign
commerce.
Our wheat exports for the frst
seven months of this crop year are
more than 10000 900 bushels less
than last year for the same period.
The difficulty of making payment in
| United States money is affecting for
eign purchases. even such vital ne
cessities as food. How much more.
| therefore. will this affect other arti-
cles that are not actually needed for
| the maintenance of physical exist
! Cnce.
Six months ago. with peace es-
! tablished. boundaries defined. polit-
1 ical status recognized, a large part
/ Of Europc's needs could have been
! provided by private loans in this
: country. BY six months of delay
and dispute. tire psychology is en-
! tirely changed both here and abroad
and the resources of our own peU-
: pIe weakened. making the private
! financing of foreign needs, thus
supporting our own. export trade
and industrial and farm activity.
susta med by that foreign trace
much more difficult.
The Washington herald., 1920-03-01
THE WOLF IN
RESTORATION
Radicals Employing Red
Synonym to Force
Propaganda.
TEXT is REVOLUTION
Use Of "Reconstruction"
Wrongfuny Intended
Not Popular Here.
TEXT Is REVOLUTION

There Is an apparent effort on the
part OF radicals in this country to
employ the word Reconstruction, I"
which was brought into prominence
in connection with the idea of the
physical restoration of the devas-
tated countries of Europe, as q
synonym for revolution. Revolution
is not 2 popular word in this coun-
try. and the radicals know ii. hence
their effort to employ a word that
can be twisted to cover the essen
tials OF revolution without arousing
antagonism. The almost universal
acceptance of the word reconstruc-
tion as an expressi>p of loose con-
ception of what the aftermath of
the war demands renders perversion
an easy task in the hands of ex-
pert propagandists. What the radi-
Gals mean by reconstruction is de-
struction. They want to tear down
our economic, governmental and
social structures and rebuild them
to suit themselves.
war-torn France, devastated Bel
gium and other countries physically
injured by the war need reconstruc-
ton; We need readjustment. Funda-
mentally this country is as right as
rain. Our Institutions, our form OF
government and everything that we
have that forms a part of our ma
tional life were ordained by men
who bore the tradition of freedom
through centuries and have been
confirmed to us by the experience OF
nearly $50 years. Our institutions
are the sum of infinite readjust-
M q m g Na-Ar
two and two are four methods. OF
late our relationships have become
more intricate. SO our calculations
are more complicated. and, anyway,
we rarely sum up as we go along.
We are prone to wait until we can
wait no longer and then try to
figure where we stand. We have
perhaps reached the stage at which
we need to take stock and restore
balances. But that is all--there is
no call for revolution-we can work
out our problems as we have al
ways worked them out-and we
want no lightning cslculators to as
sist US.
That does not mean that the men
who believe that We are strayine
from the paths of the fathers should
not De neaT0. Inefe are ABUNDANT
signs that there are dangers Of per-
version at the top as well as at the
bottom. and therc is as much danger
in one direction as in the other. But
only the men who sympathize with
our Institutions and believe that they
can be adjusted to conform TO any
economic condition ought be heard.
We are not worried about the politica
Institutions of the country. We have
developed an Industrial society th.'
is different from anything the world
las ever known. but if we apply the
same genius and understanding to the
problems it has raised as the founders
applied in the solution of their strictly
pgrarian and mercantile problems we
will find that humanity is about the
same under all conditions. The men
who settled this country won success
through worL--the most effete of them
LnderwerE harGships that would stag
ger the most hardened of our day. but
they did not co1lpiain-they visioned
a destiny and worked toward it.
The Washington herald., 1920-03-01

only banking institution in Wash
ington and one of the few in the
country with women on its board OF
directors. They are Miss Mary
O'Toole, attorney. president and one
Of the principal organizers of the
Women's City Club. and Miss For
ence NJ. Brown. local secretary OF
the Y. w. c. a. both of whom oc-
cupy responsible positions In the
women's life of Washington. social
and business.
Appointment of women to its
board of directors was made by
the bank to make every possible
arrangement that would create an
institution especially adapted to the
needs Of women. This idea has been
carried out also in the erection OF
it's new home. which contains a
wonan's department equipped with
all conveniences such as res,
room, etc.
II Is one of the best-lighted hanks
light penetrates virtually into every
nook and corner of the banking
Offices on the first floor. In addi-
tion to the safe deposit and book
keeping vaults the basement con-
tains stationery rooms. lockers for
employees and rooms for directors
use.
Suites of offices making up the
second and third floors already have
been rented.
Popularity of the new banking
Institution is indicated in the fact
that ii has more than 800 stock
holders, for the most part repre-
sentative men of the city.
Its officers are l.. f. Rreuninger
president; William ID. West, vice
president: Roy l.. Neuhauser, vice
president and organizer of the
bank: William $. Phillips. vice pres
ident; Fernand Petit, secretary and
cashier; Ralph NJ. Wolfe. assistant
cashier. and John w. Price and
Paul Dulaney, counsel.
The board of directors includes
]. A. Bailey. l.. f. Breuninger. Flor
ence NJ. Brown. Daniel V. Chisholm
A. p. Clark, jr.. o. r. Evans. n. 5
Faucet S. Sidney Forst, Herman
E. Gasch, s. Fred Hahn, Homer /
Kit. L. L. Lamb. Tom Moore, c
C. Murray. John f. Murrell. Roy l.
Ncuhauser. Mary O'Toole, William
s. Phillips. Judge John w. Price
Thomas Somerville. Lewis NJ. Thay-
er. Frank L. Wagner. DR.. John f
Walsh and William d. West.
The Washington herald., 1920-03-01
FACTS ABOUT
RUSSIAN TRADE
Complete Report Bearing
Upon Existing Condi-
tions Outlined.
OOPERATNE UNION
All Dealings Should Be
Handled Through This
Channel.
OOPERATNE UNION

A full report OF the remarks on
Russian trade resumption by Vice
President Alexander Berkenheim,
OF the Russian Central Co-opera-
tive Union. who participated in
trade negotiations with the Su-
preme Council Of the Peace Confer
ence, has been received by the
Bankers Trust 10, New York.
from its London information ser
vice. Mr.. Berkenheim said:
1T must be understood that the
agreement has no political char
acter whatsoever. 1t is merely al
economic, financial, and humanitar-
ian arrangement. The Russian Co
operative Union was organized fifty
years ago. and comprises see
unions, $4,000 local societies, and
25 million members. 1t operates
throughout Russia, whether under
Bolshevik rule or the control OF
other Governments.
In February. 1919. We laid be-
fore the British Foreign Office our
plan for the exchange OF Russian
raw material for manufactured
goods from the allies. and NJ. Ero-
vopouskoff, and myself were sum-
moned before the Supreme Council,
where the plan was adopted.
There are in Russia great stocks
of wheat, cereals. cattle, and fax.
which, owing to non-eXportation
during the Past few years and the
record crop of 1919, are now larger
than Russia possessed previous TO
the war
There are three problems to be
met with in order to arrange for an
exchange Of goods: Cd The trans
portation of raw material outside
Russia: Co the mode of payment to
the Russian producer; and (S) the
distribution of the imported goods.
For our raw materials we require
in return farming and agricultural
implements, cloth tissues, shoes. To-
comotives, automobiles and medical
supplies. The tonnage must come
from the allies, as Russia's tonnage
has completely disappeared. and we
must import first in order to export.
Ships will have to come to the
Black Sea and the Baltic ports and
Archangel loaded with goods needed
for Russia, and return with our ex-
ports.
with regard to payment, the
Russian peasant refuses to accept
any sort of paper money, but the CO.
operative societies have thus solved
the question of imports: All imports
that come to Russia will be con-
signed to the cooperative societies
and distributed throughout the
country. The cooperative societies
Will purchase grain, cereals, and
fax from the peasants, paying the
latter in roubles at a fixed rate, but
giving them an order emitting them
to purchase from the cooperative
societies stores imported goods for
an identical amount OF roubles at
the same rate which has already
been fixed. All dealings will have
to be done through the cooperative
societies"
The Washington herald., 1920-03-01

of
demand upon price wi be
The Washington herald., 1920-03-01
FARMER BASIS
OF PROSPERITY
Value Of Farm Property
Has Shown Enormous
Increase.
NOW $5l,OOO,OOO,OOO
All Other Industries Guided
By Agricultural
Trend.

Nearly ne-third of the people Of
the United States. or more than
thirty millions, live on farms.
Nearly twenty million more live in
Communities having a population OF
less than $500. In other words.
nearly one-half of the population OF
this country Is to be found on farms
or in country districts, according to
compilation Of agricultural statis-
tics by the Guaranty Trust Company
of New York.
The farming interest is not COM
prised entirely. however, Of those
who actually live on the farms"
says the Guaranty Trust Co. Some
thing like 40 per cent. OF our farms
are rented and q great many Of the
owners live in cities and villages.
This means that among the mer-
chants, lawyers, doctors, real estate
operators. bankers, and insurance
men of our cities. and especially
the cities and villages in agricul-
tural sections, there will be found
owners Of farms or men whose busi-
ness is directly dependent on or
connected with farming.
Capital Invested.
THE amount Of capital invested
in farming is large and constantly
increasing. In 1910 the value Of all
farm property was approximately
S41, ,000. 900, 900, or more than the
capital of all the manufacturing es-
Establishments, railways, mines. and
quarries in the United States. The
value of farm property in 1919 is
conservatively estimated at more
than ISL 200, O,00o, 900. From 1860 to
1890 this value increased steadily.
but during the decade beginning
with 1900 the increase in the value
of farm property was greater than
the entire accumulation of farm
property in all the preceding years
of our history.
1T is apparent to all observers of
the efforts now being made by the
nations of Europe to readjust their
affairs to a peace basis that the
United States must continue for
some time to take q leading part in
reconstruction work. On every
hand there are indications that it
will be impossible for these nations
to produce the food and provide the
work to sustain their several popula-
tions without our aid.
beyond the question OF mere
sustenance is the still greater one
of getting their productive and dis
tributive forces organized upon a
basis which. taking into considera-
tion changed conditions throughout
the world. will insure the revival
and continuance Of their prosperity.
The United States alone of all the
nations in the world is in a position
now to make an appreciable effort
toward giving such assurances to
Europe. The United States is the
only nation from which Europe ex-
poets such assistance to Come.
Moreover. our own prosperity and
the maintenance of the industrial
The Washington herald., 1920-03-01
APPREHENSION
And UNREST
With Apparent Extreme
Prosperity Why Are
We Dissatisfied?
VANDERBILT EXPLAINS
Points Out True Existing
Conditions and Imme-
diate Future Remedies.
VANDERBILT EXPLAINS

1t is admitted that we are today
In period which was never
equalled for full employment of
labor, high wages. large exports.
unexampledly favorable foreign
trade balance, and with banking
resources the largest in our his
tory and by far the greatest in any
country in the world-why, then.
is it that there is a feeling OF un-
certainty and apprehension in the
minds of some of the business lead
ers?
Knowing this to be one of the
important questions OF the day. The
Herald sought an answer from one
who it knew was qualified to ana
lyze every phase of the existing
situation-Frank A. Vanderlip.
Mr.. Vanderlip sums up the situa-
ton in the following manner:
The Washington herald., 1920-03-01
CAR SHORTAGE.

While there have been conflict
ing reports received locally from
the Northwest regarding the supply
of cars, it appears that the short
age is still acute to some districts
This shortage, il was asserted yes.
terday in railroad quarters. is most
pronounced in the grain and lum-
ber trades. deliveries being delay
ed for weeks in many instances. II
has been reported from some in
terror points that more than once
sufficient supply Of cars for the
shipment of grain has been received
but that shippers refused to ship
because of the poor condition of the
rolling stock.
The Washington herald., 1920-03-01

'It is true that we have never
had more complete employment of
labor. No man able to perform use
full work need go unemployed. and
it is true. too, that the general
level of wages measured in dollars
is the highest ever known. At the
same time there is discomfort all
through the field of labor. There
are many strikes and threats OF
strikes. There is great inefficiency
in production and the sum total of
production is far below the total
demand. True wages are measured
not by the number of dollars in The
weekly envelope, but by the pur-
chasing power of those dollars.
Compared to the general price lie vel
for commodities in 1914, the present
price level is two and one-third
times lower. The general purchas-
ing power of a dollar today is only
43 per cent of what it was in 1914
The steady advance in prices in the
last five years, or to put it in an
other way, the steady depreciation
of the purchasing power of money,
is the fundamental cause of most
of the social unrest and industrial
disturbance that has prevailed dur
ing that period.
Reasons for Advancing Prices.
MANY reasons are assigned in
the public mind as the cause of
these advancing prices, and most
of those reasons are contributory
causes. PrOfiteers have advanced
prices without any just economic
reason. Inefficient labor has IN
creased the cost of proGnction. The
great destruction of the war has
made scarcity of goods and en-
phasized the demand. Loss of man
power in Europe has reduced the
labor supply. We were receiving 2
100000 immigrants in a year prior
to the war and that stream of fresh
labor has been almost wholly cut
OF. There has been an unparalleled
demand from abroad for our goods
and that demand mas competed with
our domestic demand and tended to
raise prices.
All of those causes, however, are
only contributory and affect only n
greater or less part of the general
level of prices. There is cause
underlying all of these that has af-
fected the price of everything. 1t
must be RENE mbered that the price
advance has not been confined to
those commodities that labor is cur
rently producing or to those COM
modities that are subject to special
foreign demand, but that real es-
tate and all forms of fixed poperty
and every type of thing that enters
into the general average price level
has advanced.
Instead of seeking for hundreds
of causes affecting hundreds of va
rious articles, we should center our
attention on this one cause that
has been the chief reason for the
advance in the price of all articles,
of all commodities. of all things.
We can find that cause in the de-
The Washington herald., 1920-03-01
BANKERS OFFER
NEW GOLD NOTES

]. and w. Scligman & Co. and A..
b. Leach e. Co. are Offering new
issue of s2,400.000. the Cincinnati
Gas and Electric Company per
cent three-year secured gold notes
due December l. 1922. at 97R and
interest.
The dividend record of this COM
pany Is one of the most remarkable
in the United States. Dividends of
not less than 4 per cent have been
paid for over sixty-siX years. The
present rate of per cent has been
Maid since 1910.
The Washington herald., 1920-03-01
Unequal Tendencies,

1t is true. too. that IN some por.
tions Of the labor field wages have
The Washington herald., 1920-03-01
WHEAT MOVEMENTS.


tSele00 3S40000
bu,
TX.
Total % sccRs % wheat ali elevators and '''' ' ~
mills
EXPORTS WHEAT
of l.
the maxi
The Washington herald., 1920-03-01
CITIZENS BANK
BIDS WELCOME
Savings Institution Opens
Elaborately Equipped
Home Today.
SPECIAL APPOINTMENTS
Management Has Installed
An Attractive Depart
ment for Women.
SPECIAL APPOINTMENTS
commoditi.s
Economics

With prospects for more rapid
growth than has attended its unu-
sually successful career of less than
a year. the Citizens Savings Bank
will open business in its new home
at 1886 New York avenue this
morning.
Beginning with deposits amount
ing to $1Sl.730 on its opening Cay,
April Is, 1919, the banks business
increased rapidly until on January
I. 1920. its deposits aggregated
s559.972.92. -
The Citizens Savings Bank Is the
The Washington herald., 1920-03-01
NEW ISSUES In 1919.

In the nine months of 1913 so Tar
reported in full, s737,000,o00 of new.
Industrial stocks were issued and
not a share Of new railroad stock.
In the last three years the aggre-
gate issues of new industrial stocks
hare totaled about $l,5e0, 200, ,00e
and of new railroad stocks s3s.-
900. 200.