davidaulloa/AmericanStories huggingface dataset:
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-04-03
THE TRI-WEEKLY EDITORIAL DIGEST
Summary Leading Opinion
ueShon andE
says the INDIAN

his helpers can prevent" says the INDIAN
APOLIS STAR Qnd. Rep)
Secretary Daniels paper, the RALEIGH
NEWS AND OBSERVER (Dem), calls at
tention to the move of Senator France
(Rep.), of Maryland, to make the basis Of
a new liberal party the demand for the re-
peal of the prohibition amendment" and this
paper comments as follows:
Evidently he wants the national Repub-
lcan party at Chicago to declare Tor repeal
and evidently he. implies that il the party
does not so declare he is ready to lead a
movement for Republican party that will.
If that is the kind Of liberalism the Repub-
lican party wants the Democrats will not
try to interfere. Let the Republicans
swing on to liquor liberalism if they want to-"
The TOPEKA CAPITAL (Rep.), however,
thinks the Democrats should have a monop-
oily of the liquor issue, saying:
"The course of the Republican party
should be clear. It has been tbs determined
foe of the liqour power for many years,
Prohibition, like high license before it, made
Roadway through the Republican and not
the Democratic party. Jockeying with pro-
hibition should be left to the Democratic
party"
1t is noted by the EMPORIA GAZETTE
CInd) that "Bill Barnes, the big ex-boss Of
New York, is clamoring wildly for a Repub-
lican plank declaring against prohibition,
but GAZETTE thinks che won't. get much
proposition.
Reports that the ''wets" are raising "a cam
paign fund of 100000 to fight the law"
are credited by the MANCHESTER MIRROR
(Dem.), which predicts that "as the cam
paign grows warmer you will see evidences.
of the judicious spending of this fund" "'he
LYNCHBURG NEWS (Dem.) IS confident
that legislation "classifyng as nonintoxicat-
ing beverages those which are known to be
intoxicating" would amount to Modification"
of the eighteenth amendment and that che
supreme court will so hold should it ever be
presented with the question"
All talk of liquor as a campaign issue,
however, is secuted by some papers. eve
venture to predict" says the CLEVELAND
PLAIN DEALER (Ind. Dem:), that neither
the Chicago nor the San Francisco platform
will contain wet plank" and the KNOX
WILLIE SENTINEL (Ind. Dem.l takes the
view that prohibition is moral issue and
not political one" The NEW ORLEANS
ITEM Qnd) says:
"The national conventions Of the two po-
litical parties are apt to- witness interesting
fights over the proposed wet planks.. But
we seriously doubt that ;ither of the two
great parties will mention the issue in their
platforms"
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-04-03

Liquor will undoubtedly cut big figure in
national politics this year," predicts the Ell
PASO HERALD (Ind.), pointing out that
recent decision of the supreme court per-
mits congress to say what percentage of al
cohol is Intoxicating" The HERALD
thinks it would be 'the merest camouflage
for congress to enact law that beer and
wine are not intoxicating. But congress has
done other things as "ridiculous,' and "judg-
ing from the spirit Of most of the people at
present, such a decision would not be IN
popular with the majority of the voters of
the country.
"The liquor question is becoming a big
issue again, just when most people had be-
gun to consider it settled" agrees the Ia
COMA NEWS TRIBUNE (Ind.). 'There is
no blinking the fact of considerable reac-
ton against prohibition. Whole states
seem on the verge of rebellion;" and the
TRIBUNE doubts that "the majority Of citi-
zens who favored the dry amendment ever
expected that the permissible alcoholic con-
tent of beverages would be reduced to the
ridiculous minimum of one-half of 1 per
cent"
1.-THE way will be opened for definite
national decision on liquor, says the LAM
SING STATE JOURNAL Cnd), eff it's ad-
vocates succeed in getting plank into one
party platform and the other party ignores
it," and the JOURNAL ADDS:
"There is a growing movement, particu-
larly in Democratic circles, to propose mod
ification oof the drastic prohibition regime
by permitting the manufacture and sale Of
beverages of low alcoholic content, particu-
Iarly beer and light wines"
Already three candidates for the presi-
Dental nomination on the Democratic ticket,
Governor Edwards, of New Jersey; Governor
Cox, of Ohio and Senator Hitchcock, of Ne
braska," the WHEELING REGISTER (Dem.)
points out, "have Endorsed moderation of
the Volstead act to permit light wines and
beer"
Wilson, the League and Lager is sug-
gested as a Democratic slogan this year by
the LEXINGTON LEADER (Rep), for it
thinks that If Mr.. Wilson decides to run
again he will be wise enough to know that
he could not hope to carry the election Sole
ly on the League of Nations issue, and in
casting about for companion issue what
better could be found than light wine and
beer?" But if the Democrats take the
field against prohibition and construct their
platform accordingly the SALT LAKE
TRIBUNE (Rep.) is sure it would split the
party and bring William J. Bryan to the fore
as champion of the amendment" Therefore
this effort to put "wet' plank into the San
Francisco platform sis a sly bit Of general
ship that is not going to work if Bryan and
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-04-03

cronoa West Point and otneF 0eol SO 49,
,,,rn;ties in graphing the grim proplehls io-'
:: +bo wake of the recent storm. Whlle
surrnathetic public stood ready ana eager
+t,rorobout the State to provide all tha'
,,ioh+ ba needful in way Of relief, the VIM
torn towns forthwith declared thaU 'no'
would meet their own emergencies ana WORN
49, 4beir own salvation. How we'll they nave
lived I'M to this brave faith their etrorCs ahu
achievements abundantly witness.
promptlv and with unstinting HANDS, La
c,onoo,e 1ova1 citizenry raised a fund Oh
fftv-fve thousand dollars for the torhauo
srfferers, The work of clearing away deorls
in the devastated districts was starteo a.
the earliest possible moment ana presseu
swiftly to completion. Plans for restoration
b.vo already been formulated and will pc
carried out with kindred vigor.
Likewise in West Point there was not
minutes hanging back from the heavy tasks
to be done, not a tinge of faint-hearted-
ness in facing the dour misfortunes Forty
eight hours after Sundays storm had ragged
through downtown West Point, writes me
Journals staff correspondent "the city had
made unbelievable strides toward rehablllta-
ton" and as the week draws to close con-
ditions are approaching normal IRIS spirit
of pluck and performance IS the more ad-
mirable, lifted as it is against the second
disaster of short span of months
1t is fortitude and energy like this that
give a town character and distinction, and
assure it's progress to true greatness La
Grange West Point and all others that sui
fered and triumphed in the storm have their
States heart-deep admiration
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-04-03
QUIPS AND QUIDDITIES

AT lunatic asylum one of the inmates
was busily engaged catching flies, and every
fresh captive he placed in a glass case with
a chuckle of glee.
"Halloa!" said a visitor inquiringly. En-
tOmologist?"
NO. replied the attendant with grin;
'he is an inventor and his failure with an
airshp sent him mad. When he catches suffi-
cent flies he is going to fasten them all to-
gether and harness them to a soapbox, and
so fly over the walls and escape
March, having come in like a lion, pro-
eeeded like wolf-pack, and went out like a
weeping hyena. May April prove true her
shining, but not her showerful traditions.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-04-03
THE GOOD LOSER
BY DR.. Frank Crane

BY DR.. Frank Crane
You have heard how nothing succeeds like
success, and how the world loves a winner
and how successful man finds everybody
ready to help him to further triumphs, and
it's all true enough; but there's something
truer and not SO generally known and that
is that the world loves a good loser.
Look about you among your acquaintance
and note the ones that are the most popular
and the ones you yourself like best. They
are, l venture to say, not the fellows who
are luckiest or cleverest or most capable, or
those who draw the most pay, but they are
the boys that don't get grouchy, those that
lose and keep good-natured, those who, when
they fail, get up and brush off the dust and
go at it again as jolly as ever and don't lie
in the mud and whine
The language of the street has a word
which congresses all this feeling into one
syllable-"sport." When President Roose-
welt told the boys in Cheyenne that he liked
western men because they were good sports
he meant just what l am trying to express
here. Sport, like some other words, has room
for lot Of meanings; it may signify profli-
gate, drunkard, and a spendthrift, just as
the word love in some base mouths may
stand for shameful things; but, rightly I'M
derstand, sport" is just real mana man
who can take defeat and not get soured.
But some one may say: ooh, I can stand
licking all right, and don't mind losing out
if it's a square deal. But what makes me
hot is injustice. When some miserable
shrimp that doesn't know beans is promoted
over me l can't help being disgusted When
trickery and toadying and little meannesses
sneak in any carry away the prize from fell
lows who are straight and honest, then is
when I grow warm under the collar"
But why? You don't understand That
is not the time to swear. That's the time
to smile. Life would not be funny if cirtue
were always rewarded at once. To see the
jackdaw with peacock feathers stuck in his
tail, to see the peanut thinking it is cocoa
nut, to see the frog swelling up till he thinks
he is the size of cow-all this is the comedy
of existence. 1t is to laugh.
You'd just as we'll be philosopher. You
feel much better, and certainly those around
you feel much better. than if you fume and
fret
There was a deal of sense in the man in
the story, who was attacked without reason
by drunken Irishman, who knocked him
down and rolled him in to the ditch exclaim-
ing: There! Lay there, you dom Swede."
The man arose laughing. AS the Irishman
passed on, wondering and muttering, the man
still laughed, Some who had seen it
all asked him what he was laughing about
That's good yoke on that fellar," said
TIE man. HE thought bin a Swede-and I
bin Norwegian!'
Copyright, 1920, by Frank Crane)
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-04-03
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THE TRI-WEEkLY JOURNAL, Atlanta Ga.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-04-03
to the Georgia Press.
A TLANTA warmly welcomes the leaders
q of the Georgia Press Association,
n who have assembled lere in spe-

4 n who have assembled lere in spe-
cial meeting, called by President j. Kelly
Simmons, to take counsel on current
problems of their business and also on their
opportunities for upbulding the Common
wealth. This latter enterprise. has al
ways enlisted the Associations hearty in
terest, but now it has been made special
and major objective. A persistini; and united
campaign for a greater Georgia through the
development of her manifold resources, both
economic and human, will be conducted by
the press of the State, and undoubtedly will
win rich results.
Because of the high undertaking in which
they are thus engaged and also because OF
their individual worth and service to public
interests, Atlanta counts it a most happy
privilege to have these representative editors
and publishers as her guests. May their con-
ferences be abundantly fruitful both in the
solution Of business problems and in the ad-
vancement Of those great common causes
which the Press Association has so much al
heart
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-04-03

After having lady kiss "cold sterilized
plate" doctors have decided that morning
kisses are insanitary. For other germ tests
live men have been used Are volunteefs
running short?-St. Louis Globe-Democrat.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-04-03
LaGrange and Vest Point.

go EVER were there more heart-stlr-
ring examples of civic courage and
resourcefu1ness than those VI h"
11rau+ point and other GeOrg1a conn
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-04-03

What has become of the old-fashioned
Mexican statesman, who proved his govern
mental ability by starting revolution?
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-04-03

likely to lack. With them properly developed
in him, you may confidently look forward to
his reaching a sane, well-baIanced, effective,
and really superior manhood.
Copyright, 1920, by the Associated News
papers.)
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-04-03

Women will be allowed this year for the
first time to compete in the highest French
examinations in philosophy and philology.
Andre Honnorat, minister oof education, has
issued instructions that women candidates
be admitted on the same term men at
these examinations, which open the way to
professorships in the higher educational in
situations.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-04-03

NE of the most impressive and alto
together most heartening signs of !
New-York tribune., 1920-01-01
Pennsylvania Crude
Oil at Record Price
Third Advance in Two Months
Carries Quotation to
S. a Barrel

PITTSBURGH, Dec. 3i.-Oil men
We're startled to-day when the principal
OIL purchasing agency announced an
other advance in the price of crude oil.
Pennsylvania grade being .:fted 25
cents a barrel, to s5. Other prices
were raised Is cents a barrel, as fol
lows: Corning, $3.50; Cabell, s3.42;
Somerset, S3.25, and Ragland, $1.75.
These. prices are the highest ever
quoted IN Pittsburgh for the grades af-
fected, and spell the third advance
within two months. No cause was as
signed for the upward movement other
than that reserve supplies are not what
high authorities in the oil trade believe
they should be, and the steady increase
may spur development to a point whe re
production will be sensibly increased.
Already oil production has become so
profitable that old fields in western
Pennsylvania are being drilled over,
and many wells, long since abandoned
as unworthy OF attention, are being
cleaned out, connected up with similar
wells and then carefully pumped.
New-York tribune., 1920-01-01
Bethlehem Steel Notice

Question: am Interested in the
short term notes of the Bethiehen m
steel Corporation-that is, the 6 PEI
cent and Z per cent notes maturing in
l9zz and 1923, respectively. The large
Vo ume OF business done by this com
pany during the war brought the earn
lngs to an amount in 1917 and 1919
many times as great as the earnings
Tor 1872 and 1913. To handle this busi-
ness new stock and bonds were issued
20 you consider that with the large
funded debt and the fact that the war
neing over probably means less busi-
ness to the company the above named
notes are IN any way speculative as ia
me redemption of the principal at ma
turty &C. p.
Answer-U undoubtedly the war neriod
was the most prosperous for Bethie-
hem Steel as it was for most manu-
featuring concerns. The Bethlehem,
management placed large amounts back
into the property, and while its busi-
ness expansion required considerable
financing, the corporation has great
earning power on its present capitaliza-
ton. If an industrial depression should
result within the next year or two. of
course, many corporations might find
themselves in an embarrassing posi-
tion. But we are not prepared to ad-
nit that an industrial depression is
coming. We should say that the Beth
lehem corporation notes are well Sc
cured and that they offer sound in
vestment.
New-York tribune., 1920-01-01
Million Dollars in Bonuses

The II. ". Johns -Manville Company
has distributed S1.000000 as a New
Years bonus amo onS its sales force Of
about ons thousand employees.
New-York tribune., 1920-01-01
United Retail Candy Company

Question-,Will you please tell me what
You know about United Retail Candy Com
pany have twenty shares. bought at s..
per share.-N w b.
Answer-ETnited Retail Stores Candy
Company was incorporated in Septem-
ber, 1919 1t acquired the Feurst &
Kramer Company, candy manufactur-
ers, of New Orleans. Several stores
have been opened in New York City
The Feurst G. Kramer Company has
four stores in New Orleans and is
opening stores in other cities in the
South. 1t has purchased a factory in
New York which it is estimated, will
have capacity of 100000 pounds a
year. There are outstanding O,O0O
founders" shares and TOT, ,452 class
"a" shares, of no par value. The com
pany has issued no financial statement
and the stock remains speculation
until the company has demonstrated
its earning ability under the present
capitalization.
New-York tribune., 1920-01-01
Bankers Favor
Govt Control of
Railroad Issues
Association Wants Early Re-
turn of Carriers With Ex-
tension of Income Guar
antee - Breakdown of
Credit Is Threatened

CHICAGO, Dec. 31.-The American
Bankers Association to-day went on
record as fnvoring government control
Of stock and bond issues of railroad
companies, early return to private
ownership and a six months guarantee
of income after Federal control ends.
Conditional Endorsement also was
given consolidation of railroad proper
attitude was expressed through the
associations special railroad commit
tee, which met here last night.
Impaired credit of the roads threatens
to break down the entire fabric OF
transportation and endanger the bust
ness of the land" according to the
committee.
This catastrophe would enhance the
cost OF living" it was asserted
Regarding consolidation, the commit
tees idea was permit, but do not COM
pei, cons olidation under approval of the
Interstate. Commerce Commission or
such other board as Congress may
establish"
Extension Of the companies indebted
ness to the government for from ten
to twenty years, extensions to run
serlally, also was recommended
Another suggestion as an aid to the
rehabilitation of the countrys railways
was statutory rule for the regulation
by the Interstate Commerce Commission
OF all interstate rates, provided that
the carriers, as whole, shall be al
lowed to earn an aggregate minimum
annual net operating income of per
cent. 10 tiX the value of the properties
Tor determining what that income
mould be, it was suggested that a
physical valuation of the properties be
made.
Walter H. Head, OF Omaha, was chair
man of the committee, and Judge
Thomas B. Patton, general counsel for
the American Bankers Association. was
secretary.
New-York tribune., 1920-01-01

chlnery and MANUFACTURED goods that
are 50 sorely needed in Poland, Czecho-
Slovakia and the other distressed cuun-
tries of Central Europe, which must
nave material things, but are for, the
moment without means of payment.
The recent statement by Premier Gle
menceau that Poland would be aided
promptly was by some associated with
the formation of the new Morgan trad
ing company.
But the corporation has wide powers
and aspirations to become a vehicle for
the development of American trade
with all parts of the world. 1t was
indicated that it will try to put into
practice those new maxims which lead
ing bankers have been preaching in the
matter OF building up a permanent for
elgn trade in recent months. In deal
ing with the countries of Middle Eu-
rope, which are bordering on despair
and. according to some observers, Boil
shevism, it is likely that the new cor
poration will encourage simple barter
the exchange OF goods for goods, elimi-
mating temporarily all the intricacies
of foreign exchange.
The new concern will work hand in
hand, it is understood, with the re-
Gently organized Foreign Finance Cor
poration, on which both Mr. Morgan
and Mr.. Dawson are directors Arthur
M. Anderson. head of the bond depart
ment of the Morgan firm, has been
elected president Of the Finance Cor
poration and is now organizing its
staff. Other directors of the corpora
tion include ]. S. Alexander G. F.
Baker, jr., G. w. Dawson, H. D. Glib
son, Seward Prosser, Charles H. Sabin,
James A. Stillman and Albert H.
Wiggin.
Work to Improve Exchange
The Finance Corporation will aim to
do those things which will improve the
demoralized condition Of the foreign
exchanges, and thus make permanent
trade with the Old World possible.
Under its charter it is permitted to
and it is expected that it will-issue to
the American investing public it's
owned debentures, which will be Sc
cured in part by the foreign securities
that it may acquire.
1t will be the policy of the Finance
Corporation to look primarily for other
securities than foreign government
bonds. 1t will perhaps invest directly
in attractive foreign industries, and
may import to this country common
stocks, as we'll as bonds. Importing Sc
curities will be equivalent to importing
actual merchandise as a corrective to
the foreign exchange situation and as
an Offset against the goods shipped
abroad from the United States.
The entrance of J. r. Morgan & Co.
into the merchandising field is not
wholly new thing Morgan. Grenfeil &
Co., the London branch Of Morgan's, is
listed in England as a merchant. More
over, Junius S. Morgan, grandfather of
the present J. P Morgan, established
a reputation as merchant during his
association with George Peabody & Co.,
of London. which later became J. S.
Morgan & Co. and is now continued
under the name of Morgan, Grenfeli
& Co.
New-York tribune., 1920-01-01

Information

In this department The Tribune wiH
throw the light Of such informa tion
as Is at ats command on the invest-
tnent problems Of its readers. The
utmost care is used IN the compila-
tom and presentation of such in
formation and zoe behcve it to be de-
pendabto. But zoe auish especially to
emphasize to cur readers the fact
that mew Developments Of suct i'm
portance as to greatly chana~ he
status Of security are constantly
taking place. Therefore, as matter
Of self protection, the investor should
make it q point to keep in close touch
w.th the afairs of the companies
Whose securities he has purchased
and 1oith general Developments bear
,ng apon the vaIue Of such securities.
Constant Watchfulness is the best
safeguard the investor can possiblu
have.
Questions Of general interest to
'nvestors will be ansUered in this
column, IN achick case only initials
waH DC used. Others aviU be an
s1cered By mail. Addresc all IN
quiries, inclosing stamped ad-
dxessed envelope to Financial Editor.
Yhe Tribune, 154 Nassau Street, Ncav
York City.