davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1920-12-09
Oh, My Stars!
HOROSCOPE.
December 9, 1870.

(Copyrisht, 1890, by the Mcclure NewspapeI
syndicate.)
Mars rules strongly for good to-
day, according to astrology untf'
afternoon when the planet changes
to malefic aspect. Venus is adverse.
1t is a sway under which to pur-
sue beaten paths, being wary OF
Observation-Disclosures or quarrels.
The stars indicate new war scares
and rumors Of serious troubles IN
Europe that may be reflected here.
Great construction enterprises
may be held up at this time, owing
to labor difficulties, for there is to
be a readjustment of conditions, the
seers warn.
Strikes will be more prevalent in
the East than in the West during
the coming months.
The stars that encourage organ
iZation, 1t must be remembered af-
feet men and women, white and col
ored alike. There will be race or
ganization on economic lines so ex-
tensive that great power will be at
tanned and conserved. IL the seers
are to be believed.
Women should be quiescent dur-
ing this rule of the stars, which
angus I'll for their success in love
or, business.
The American standard Of beauty
is to be raised in the coming gen.
GRAFTON so high that IL will become
as world famous as that Of the an
cient Greeks, astrologers prophesy.
Persons whose birthdate IL is may
expect a busy year, but they must
not remove or make any important
changes
Children born on this day will be
alert industrious and ambitious, but
inclined to be unsettled In business
hQZa KiA h. GanaraIlH fnrfunafn
The Washington herald., 1920-12-09
Destroy, or Regulate!

The packing industry consisted of four prin-
cipal factors or divisions. The packing companies
owned the stockyards 70 which cattle for sale are
shipped and held until sold. They owned the
slaughter and packing houses where the animals
were butchered and the meat prepared for the
market.
They owned refrgerating cars for long dis
tance transportation. They owned warehouses all
the country in all the States, which form
their distributing system In them their products
are held and from them sold and distributed to
the retail trade.
They were compelled to turn their cars
to the railroads and this change mattered little.
The sapient Federal Trade Commission then de-
cided they must part with their stockyards. This
was agreed to, but there is dispute as to
whether they shall go to a mere adjunct of the
packing companies sort of holding company,
to wholly independent corporations.
Strange as it may seem fully independent
capital has shown any eagerness to make the in
vestment Neither have the stock rasers, in whose
behalf the divorce was ordered shown anxiety
to take over this property and operate it in their
own behalf Yet the stock raisers well organ
lied and able to finance this if they considered it
of sufficient importance in profits.
But even if independent capital or the stock
rasers should take these yards, they would
probably be operated much as they have been and
quite certainly not so as to offend inconvenience
their chief patrons, the packers In the meanwhile,
the packers are protecting their investment best
they
Apparently the Federal Trade Commission in
their zeal have overlooked the one agency which
makes the packers a monopoly, if it is one, or
enables them to control the trade, if guilty of this
heinous ofense. This is their distributing system
centered in their many warehouses.
They built or bought these, own and operate
them-strangely .enough-exclusively for their own
benefit. So long they do this and also own the
packing houses from which these supplied, what
else is taken from them matters comparatively little
The rest is largely fussing But when these arc
taken away, or made common to the use of all
packers upon level charge it will be an awful jar
to the rights of private property. But why not
regulate the business rather than undertake to de-
stroy it? The commission can do the one as well
as the other.
The Washington herald., 1920-12-09
A New Cause for an. Old Ailment.

Thoroughness has long been held to be COM
mendable characteristic of the German people 1t
would appear however, that even characteristic
which is really asset may become very trouble
some liability its possessor if it is permitted to
flourish unrestrained. This is clearly shown by a
dispatch to the Chicago Daily News which declares
that due to the fact that the Balkan and Baltic
countries have been issuing many stamps, Ber-
Inns largest hospital has just opened philatelist
ward for collectors who have gone crazy trying to
keep their war stamp collections up to date Cases
of this kind are reported to be very numerous and
appear to be of the unfortunate by-products Of
German thoroughness.
The Washington herald., 1920-12-09
Washington D. VanderEp

Mr.. Washington D. Vanderlip, in his Russian
adventure, has undertaken to play several very diff
heult roles, which, to be done successfully re-
puire not only versatility which Mr.. Vanderlip
seems to possess, but other qualifications which he
may lack. He has undertaken to act as the pro-
moter of wildcat concession in northeastern ST.
berias to enlist American capital in enterprise
under the Bolshevik regime; to enlist prop
hganca agent for the Soviet government: to serve
Is an instrument for stirring uo quarrel between
Japan and the United States.
With regard to the concession which Mr. Van
aeiip has received from the Soviet government:
A dozen engineers and business men in the United
States made long ago careful examination of the
resources and possibilities of the great forest and
tundra areas for which Mr.. Vanderlip has con-
eession and have for many years refused to en-
gage IN any such enterprise as Mr.. Vanderp has
IN mind. The opportunity was always open under
the old regime but. has never recommended itself
10 American capital.
2he sennnd ro1e-So enlist American capital in
The Washington herald., 1920-12-09

by vote Of the people. Thus 1t was
that he took up a new career in
the national legislature, which ter
minated only with his death.
Van Buren was so well of that
he did not bother to collect his
salary while in the White House,
but paid all expenses out of his
own private purse, allowing the
pay to accumulate and drawing the
$100.Ooo-President got only s2s, 900
per annum in those days-at the
end Of his four years term.
John Adams Retired.
James X. Polk, while by no means
so well to do as Van Buren,, left
considerable property. From the
White House he went back to his
home in Nashville. somewhat broken
in health, and died a few months
later.
Millard Fillmore. being a man of
means, undertook no business occu-
patton after relinQuishing the Presi-
dency, beyond the handling of
estates that were in his charge. He
retained hfs interest in politics and
travelled extensively abroad. His
last years, spent at home in Buffalo,
were, he declared, the most enjoy
able OF his life, which ended in 1874.
Franklin Pierce spent his last
years uneventfully in Concord, N.
H. Possessing a considerable for
tune, business had no attraction for
him, and he was content to be "on
the shelf" With James Buchanan
the case was much the same. At his
home near Lancaster, Pa. he passed
his latter days in complete retire
ment, a prey to melancholy.
Buchanan, Pierce, Madison and
John Adams might be called the four
hermit ex-Presidents. so close was
their retirement. Adams was an old
man when he left the White House
(Which he was first to occupy, yet
he lived on for a quarter OF cen
tury and long enough to see his son
in the Presidential chair.
So chagrined was he at his defeat
by Jefferson that he left Washington
in hun at daybreak on March 4,
refusing to meet his rival and sue
cessor. Thus escaping the formality
of welcoming the latter, he boarded
the cannonball stage for Qupcy.
where he spent the remainder of his
life surrounded by his books, emerg-
The Washington herald., 1920-12-09
Open Court
Letters to
TheHerald
Views of Readers on
Matters of National
And Local Import. Z
VOICES OBJECTION TO REFoRs
MOVEMENT.


MOVEMENT.
10 the Editor, rhe washington Henh:
The propaganda and the argu-
ments advanced by IL in protest Of
commercially profitable amusements
on Sunday is one Of the by-products
OF the wars numerous activities.
The mania for wearing buttons and
for joining something Is a part Of
the plan to counteract the high
cost Of living, and costs nothing
IL IL Is an uplift movement. There
are some subtle things in the pres
ent campaign that are almost un-
fair-not strictly according TO ~the
rules of the game"
For instance. I'VE must abandon
the Continental Sunday" well suit
ed, perhaps TO a beer-drinking pop
ulation like that of Germany. but
''un-American." Observe the IA
grant attempt TO capitalize Ger
many's unpopularity in a movement
having no German influences TO COM
bat. France and Italy are Con
tinental." but being our late COM
rades in arms. loved and adored.
capital is to be made of their high
regard for individual liberty on
every day of the week. Personal
and religious liberty In the District
OF Columbia Will be limited 10 six
days a week, and on the seventh
one may go to uplIft meetings and
be invited TO Join plans for clos
ing up something on Tuesdays and
Thursdays.
Uplifting is approaching perpetual
motion. and once popularized will
undoubtedly lose IN virtue. To a
lot of people doing anything is
wrong. so a few people must petit
tion Congress on the subject Have
uplifters no concerns OF their own
to sap their energy. or is one for
ever to be ordered about by ones
neighbour
The church and the theaters both
being open now, why not have the
new law merely make church-going
compulsory This would ruin the
theaters and make vice expensive.
This the Eighteenth amendment has
done.
MRS. FRANCES L BURKE.
The Washington herald., 1920-12-09
Political
Browsings
By Labert st. Clair.

The hope of Big Bill" Thomp-
son, mayor Of Chicago, is not SO
much that he may gain national
political place himself, it is said,
but that he will be able to drag
Medill Mccormick out Of his SEN
atorial seat. Bill just naturally
does not like Medir.
All that Ralph Waldo Emerson,
assistant director of the Bureau of
War Risk Insurance. has had to do
for the last few months is to fire
some 10000 employees of his bureau
and then find new jobs for the
worthy ones Of that number. And,
Of course, nine-tenths of the folks
who are fired said they have a good
reason why they should remain.
Furthermore, a lot of Representa-
tives feel that their constituents
are being Disseminated against, al
though they insist the bureau must
be cut down in personnel.
Six months or SO ago there were
1900 employees in the bureau. Now
there are about 1000.
If, after firing an employe, Emer-
son finds that the case is a worthy
one, he has his employment depart
ment look for a new job for the
victim. Thus thousands Of persons
have been placed.
One man in the bureau who seems
reasonably certain of holding his
job is chap who speaks, reads
and writes some sixteen languages,
For all Of these accomplishments
he receives about $4,000 a year.
what was this mans profession
before he came in here?" someone
asked Emerson.
'T understand" Emerson replied,
gravely. that he was groundkeeper
at the tower of Babel"
Persons who expect Senator HI
ram Johnson to play the good little
boy and bow humbly to the doings
OF the conservative element in the
coming four years have another
guess coming. A friend of the SEN
ators tells me that the Senator
feels just the same about progress
sive issues as he did eight years
ago. and that he plans to speak
right up in meeting when the meet
ing starts. 1t would not surprise
the old observers to see johnson
play with only one or two of the
boys henceforth. One of these, of
course, will be Bill Borah. IL Bill
remaanA Aorogresstye sneuEh~
The Washington herald., 1920-12-09
Should Help Move His Own Goods.

The Chicago Journal of Commerce urges the
importance of manufacturers helping the retail
dealers during this period of hesitant buying. Its
suggestion is a campaign of intensive advertising
in the local newspapers where their goods are on
sale.
This seems just good business sense. The re-
taers should not have the whole burden of moving
their goods under present conditions
The time to press advertising is when the
trade movement is slow. The alert merchant has
no dull season. He keeps his stock moving and
so, always fresh 1t is as important to the manu-
facturer as to him that this is done, and the manu-
facturer should do his full share to this end.
He best do this by using the local news
papers in the retailers. home towns. These are
where his goods must be sold They are his ulti-
mate markets. 1t is from these buyers his money
must come, and everything he can do to stimulate
such buying results wholly to his advantage.
The Washington herald., 1920-12-09

If Secretary Daniels never did anything else to
commend him to the general public, he has achieved
cordial Endorsement in doing away with "simpli6ed'
spelling in the Navy Department.
The Washington herald., 1920-12-09

By luxury we condemn ourselves to
greater torments than have yet been
invented by anger or revenge, or in
hieted by the greatest tyrants upon the
worst of men.-Temple
The Washington herald., 1920-02-28

American Sugar.
Am Sumatra. 49,.
Am Tel q Telg..
Am Tobacco Sec.
Am woolen. n.....
Am wrtg Pa pf.
| Am Zinc q Lead.
Am Zinc q L pf.
Ann Arbor.
| Anaeonda Copper
| As,ocia ted Oil...
| Atch, To q 8 Fe.
Atch T q sFe pr
, Atlanta Bir q At
Atlantic Gulf. =.
Auto Sales. .....
BALDWIN Loco. -.
BALTIC q Ohio. 80.
BALTIC q Ohio pr.
Barrett Co...
Bethlehem Mot.
Beth sti class b.
Beth Stl So pf..
Booth Fisheries.
Brooklyn Rap TT
Brook r. TT efs.
Brown Shoe pf..
Burns Bros s......
Butte Copper. .
Butte q Super.
Caddo Oil.
California Pckg.
California Pet.
Calf. Pet. pf.
Canadian Pacific
Case u ~ pr...
| Central Leather.
Cerro de Pasco. .
Certain-Teed -.
Chandler Motor..
Cheap & Ohio. :.
Chicago Grt wn.
| Chi Grt W pf.
Chi Nil 4 st P.
Chi MI q StP pf
Chi q Northwn.. .
Chi Pneu Tool.
chi. r I q Pac..
@ RI&Pac 81 pf
iC Rl&Pac 70 pf
Chile Copper.
Chino Copper.
iClev G c 4 St L
Cluett Peabody.
Cocoa Cola a......
Col & Southern.
Col & Southn I'd
lCol Graphone. 80.
Consol Cigar.
Con Gas OF N Y.
Consol Textile.
Continental Can.
Cont. Ca ndy.....
Cortl Int Cal N.
Corn Products.
Crucible Steel.
q Iba Cane Sugar
Cuba Cane Sn pf
Del & Hudson.
Den & Rio Gr...
Den & Rio CIR pf.
DE 8 s & At....
Elk Horn Coal.
Erdicott-Johnson.
Erie Railroad.
Erie r r LIST pf.
Erie r r ID pf..
Famous Pl-Lasky
Fam. Players pf
Fisk Rubber.
Freeport. Texas.
Gas vii & W.
General Cigar. =.
Gen Motors. 80.
Gen Mot. 6ss deb
Goodrich Rubber
iGranby Consol. :.
Great Northn pf
Grt Northn Ore.
Gulf States Stl.
Haskell & Barkr
Hupp Motor Car
Illinois Central.
Inspiration Cop.
Interboro Metro.
Interb Met pf.
Intl Agri Corpn.
Int Mer Marine.
Int Mer Ma pr.
Intl Nickel.
Intl Paper.
Init Paper (sta)
The Washington herald., 1920-02-28
Miscellaneous Bond Market.

Railroad bonds have as yet re-
sponded only mildly to the favor
able position in which they have
been placed by the passage of the
Esch- Cummins bill, covering opera
tions Of railroads on return to pri-
vate management on March /.
While the passage of this meas
ure was in doubt. railroad bond
prices declined to record low levels,
so that the gain made in the last
few days still leaves many of these
issues at abnormally low prices.
On all sides il is conceded that
the new law is especially favorable
to outstanding bonds. because it
practically assures. all roads sufh-
cient income to pay interest by a
good margin. and, by appropria-
tions for refunding debts to the
government. made during Federal
control and for other purposes, is
expected to restore the credit of
railroads so that they may refnance
maturing obligations.
With prospects that the future
will see a lowering of commodity
prices, and a consequent increased
purchasing power Of the dollar,
there will be further impetus given
to rising bond prices. Railroad is
sues which had the greatest recess
sion, during the war period will
most likely lead.
The Washington herald., 1920-02-28
COTTON QUOTATIONS
SHOW LOWER TENDENCY

New York, Feb. 27.-violent SELL
ing broke out in the cotton mar
ket toward the close today and
prices dropped more than half a
cent a pound after they had made
further gains in the forenoon. The
morning strength was due to a bet
ter tene to foreign exchange, fairly
large exports ard bullish advices
generally from the South as to the
spot article.
After oLcning 10 to 10 points
lower on untavorable cables, scat
tered selling by spot houses and
foreign interests. as well as local
offerings. the undertone became de-
cfdedly stronger on a demand from
shorts and purchasing of May by
brokers a"ting for houses with mill
connections. 1t was apparent that
the demand from mills that had
been responsible for a large part
of the firmness in March was ex-
tending to May, in which 1t was
reported an extensive interest to
be covered Oh call existed. At mid
day the list showed net gains Of
8 to 2S points, led by March, which
touched 3I.eG. g. new high level for
the season.
The market weakened in the aft
ernoon under free selling. There
were persistent offerings of May by
a broker believed to be acting for
q Southern client.
The Washington herald., 1920-02-28
BANK CLEARINGS.

New York, Feb. 27.-Bank clear
ings here today were SS46,s92. .4yl.
The Washington herald., 1920-02-28
SALES LOWER
GRAIN VALUES
Sentiment Changes for the
Worse as Outside Sell
ing Appears.
ARGENTINE SHIPMENTS
Sharp Failing OFF from Pre-
vious Week But Better
Than Year Ago.
ARGENTINE SHIPMENTS

Chicago, Feb. 27.-Sentiment was
decidedly bearish in the Germ market
today and prices were lower. Feb
ruary sold from 1.47% down to
1.47s; March from 1.45k down to
1.43K; May from 1.3S to 1.35&;
July from 1.31A to 1.29st, and Sep
tember from 1.2SA to L26h. The
highest prices were made early.
lowest levels being reached about
mid-session. Prices remained at
the low level to the close, there be-
ing no reactionary power in the
market.
Many orders on the selling side
came from important outside in
terests and conditions point to the
fact that there was considerable
corn sold in the way of putting out
hedges against the grain which is
ready for shipment out of country
elevators and that will be loaded
during March or later, to be sent to
terminal points.
Shipments OF corn from Argen-
tina fell off sharply this week, the
loss being 2036,000 bushels, as COM
pared with the previous week, but
|2,519,000 bushels greater than the
same time a year ago.
Considerable selling pressure was
due to liquidating sales by COM
mission houses who were acting for
outside interests and the weakness
in corn were the two principal fac
tors responsible for the Is to 2h
lower rye market. Barley was the
smallest fraction lower and slow.
The Washington herald., 1920-02-28
ANNUAL EARNINGS
OF STEEL COMPANIES

Annual reports of United States
7teef Corporation and Bethlehem
49, Corporation will be published
statements will show a good
year1nd further large additions to
asset values.
The fact that Bethlehem was able
70 pay on more than $4,000. 900 of
bonded debt last year, equal to more
than $50 a share on common stock.
gives a good idea of it's strong posi-
ton.
United States Steel is expected to
show working capital in excess OF
$3.50, 900 and Bethlehem close tc
$50. 200. 900.
The three companies that suffered
most severely from the strike were
Republic Steel. Lackawanna Steel
and Youngstown Sheet and Tube
These organizations hardly turned
4 wheel during the waIkout, but all
these are now making big money.
which will be reflected in their COM
Ing quarterly reports.
Selling of the steel stocks on Re-
public's annual report, according to
steel manufacturers.wa not justified
by Rctual conditions as they exist
in the general steel industry at this
time.
United States Steel common is
selling close to the actual surplus
after dividends in the last five years.
Bethlehem Steel is selling sT7 a
share or so below the actual addi-
ton to value of its common in last
\Sxe years.
The Washington herald., 1920-02-28

BOND
DEPRECIATION
Continue to Make New
Low Records on Heavy
Sales.
LIBERTY 3Hs WEAK
q
Not Attractive to Small In
vestor as Tax Exemption
Means Little to Him.

Liberty 31-2s sold at a new low
record Thursday, people are SELL
ing them, although they are tax
exempt. .tf
In view of the Impression widely
accepted, that. so long as FedeTai
taxes continued severe in their ap-
plication to large incomes this tax
free issue would be closely held
by wealthy individuals. the fall of
the 8 1-2s was believed to reflect
sales by corporations for the pur-
pose of increasing working capital
instead of using bonds as the basis
for credit.
To the average investor, how
ever, IL is not at all material what
the individuals Of wealth or the big
corporations may do; II Is his busi-
ness to look out for himself and
he is doing this by putting his
money into liberty bonds and vic
tory notes.
The man with a few hundreds or
thousands to invest is not hother-
ing with the S1-2 per cent, though.
The tax collector will not bother
with the liberty bonds he is apt
to buy because the interest upon
them is exempt. anyhow.
Therefore they are safe from the
prying eyes of the Collector of In
ternal Revenue at Westinghouse
safe as the 31-2 per cenN.
Banks and bond and brokerage
houses say the demand from the
little people," as they call them,
is on the increase all the time.
For every seller of a bond there
must be a buyer. and the people of
the United States afe coming along
strong as the purchasers of Uncle
Sans obligations.
The Washington herald., 1920-02-28
ATLANTIC-GULF.

Atlantic. Gulf and West Indies
officials say there Is no foundation
for the report that two of its sub
sidiary companies, the Clyde and
Mallory lines, will hereafter con-
troll the Old Dominion Steamship
Company.
The Washington herald., 1920-02-28
RIGGS NATIONAL TO OPEN
SAVINGS DEPARTMENT

The Riggs National Bank is to
have savings section. At a meet
ing last night Of the officials 1t was
announced that a savings depart
ment would be opened in connection
with the bank on March 1. The de-
partment will be located in the an
mex. which has been used for sew
eral years past to accommodate the
Liberty loan department of the bank.
Three per cent interest will be
paid on savings accounts, which is
the prevailing rate of interest ON
similar accounts in most of the
Washington banks. The bank will
be open to accommodate savings de-
positors between the hours of $50
and 4 The banking department will
continue its present hours which
are from 3 to 3.
Phillip M. Garnett. now receiving
teller, win be in charge of, the new
savings department.
The Washington herald., 1920-02-28
CANADA BUYS

OTTAWA. Feb. 27.-The value OF
imports from the United Kingdom
In January was the greatest for one
month In the history of the Domin-
lon, according to statistics an
nounced here The total was $16,-
f14,503. as compared with $9.SS2,-
ast for last December and $6,70e, 200
Tot January, 1919. S.
The increase apparently indicated
ttkt advantage Is being taken of
tn exchange situation to make
pfbftable purchases in Great Brit
Al. Exports to the British Isles in
,Ih1aary amounted to $3S.2S8,04s.
increase also was shown In
IT'S from the United States, DE-
the unfavorable exchange
These totaled S74,530,425, as
ainst s71,06e,509 in December last
md $59.379.127 in January, 1913.
Exports to the United States were
tls,577.s45. as compared with s41,-
227, sos for January, 1919.
Canada has a favorable balance
of $357.500,000 in the trade with
Great Britain for the ten months of
the present fiscal year. an unfavor-
able balance of s2s3,60o,eo0 with ali
countries.