davidaulloa/AmericanStories huggingface dataset:
The Chattanooga news. [volume] (Chattanooga, Tenn.) 1891-1939, 1920-07-30
HOG IT.?
They Ask PonSi
Nervous investors Convinced
Of SoIvency Of Mysterious
Millionaire.

Boston, July s0.--Charles PonEi who
claims to have amassed millions within
few months. and who has paid to the
public large profits on their invest
ments In his deal in International ex-
change, appeared today almost to have
satisfied questions among his investors
as to his solvency. Only short line
formed before the payment window of
the Ponzi office this morning. and when
disbursements were resumed, clerks
said they were paying off nearly as
much on notes matured for the SO per
cent. profit in forty-ffve days as they
were returning to frightened investors
In principal without interest on notes
surrendered short OF maturity. The
In sight with few additions to the dis
appearing line.
The amount paid out by Ponzi since
the run began Monday was estimated
by his manager, Miss Lucy Nell. at
N,b0OOOO. And we have twice as
much money right here in Boston as
Mr.. Ponzi owes, so there is no need
OF anyone being nervous" she added.
Ponzi few days ago announced that
his liabilities were about 81, 200, 900, in
dicating that public participation in his
schemes already has been reduced by
vne nan, win iurther receipts stopped
by his agreement with the authorities
TO accept no more funds until investl-
CATION Of his accounts is completed.
The run OF frightened investors TO
cover, Miss Nell said. meant more
money In the already bulging pockets
Of Ponzi, as unmatured notes were paid
only on the basis of the actual invest
ment.
Their money has been working for
us all this time, and Mr. 'Ponzi now
can keep the so per cent. profit which
would have gone to these pope. You
will realize what this means when you
have paid out has been on unmatured
notes. saving to Mr.. Ponzi Of almost
$500, 000" she said.
Ponzfs manager said she has seen
nothing Of any Investigators as yet, al
The Chattanooga news. [volume] (Chattanooga, Tenn.) 1891-1939, 1920-07-30
NEGROES ATTACK WIFE OF
PROMINENT ALA. FARMER

Dothan, Ala. July sO.--ExcItement is
running high Mt Midland City, near
here, where the wife OF a prominent
farmer was attacked by negroes last
night, and Bills Spinks and Buster
Jennings. both negroes, were killed by
members OF a posse, who rounded up
all the negroes on the place In trying
to locate the guilty one.
Bills Spinks was killed, II was said,
when he attempted TO snatch gun
Jennings was reported TO have been
killed later In the night. Andy Splnks,
father OF Bills Spinks, Ia In jail in
Montgomery charged with making an
attack on the woman some months
ago, and II In the belief at Midland
City that an attempt was made to kill
her 10 prevent her testifying against
him when he II tried.
The Chattanooga news. [volume] (Chattanooga, Tenn.) 1891-1939, 1920-07-30
ACUTE DEPRESSION ON
WHEAT; PRICE OFF l2c

Chicago. July SO.--Acute Hepresslon
reoccurred today on the wheat trade
and more than 10 cents busheI break
in values was witnesser as result ok
scarcity OF buyers. At midday Tho
December delivery In which fost Of
the trading centcred, had fallen 70 $2.2i
as against 1898 IA at yesterdays Nm
ish. March dropped 10 Ia cents 20
$2.22 3-4
Breaks in foreign exchange rates, t04
gether with reports that the Britlsh
royal commission had pulled out Of tlit
market until next Wednesday or later
were among the bearish factors.
The close was at a moderate rally
from the bottom prices OF the day.
December finishing at s2.22 "a 10 s2.3S
and March at 1928 1-2.
The Chattanooga news. [volume] (Chattanooga, Tenn.) 1891-1939, 1920-07-30
GOV. CANTU STOPS ALL
WIRES TO MEXICO CITY

Mexicali, Lower California, July So
CA. P)--Orders stopping all official
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-05-20

''balance sheet OF France. Capt. Tar
dieu states that during the five years
of the war 100000 men were mo-
bilized, OF whom 100000 were kill
ed, 100000 manned. and 100000
wounded. France thus lost 81 per
cent Of her men under 80 years of
age
Concerning material losses, Capt.
Tnrdieu states that 100000 houses
were destroyed. 76.00o,o00 acres of
arabic land laid waste, and 5000
miles OF railroad and $4,000 miles of
highways destroyed.
Mines which produced 55 per cent
OF FraIce's total coal output were
damaged or destroyed; 1850 fac
tories, which before the war produc-
ed s6 I,er cent OF the woolen goods.
30 per cent Of the linen material, 70
per ceat OF the sugar. and so per
cent OIL the cotton goods, were Grip
pied.
One-third Of Frances ships were
sunk by German submarines.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-05-20
Organized Ball
to Take Steps to
Stop Desertions
BY Associated Press.

Chicago, May 20.--Desartion of
star players from organized baseball
assumed a serious aspect in the mid
die west today. President ,Tearney.
of the Western and Three III leagues.
and chairman of the committee rep
resenting the minor leagues OF the
country, issued statement charg-
ing the corporations supporting the
so-called Industrial leagues with
tampering with players under con-
tracts to organized baseball offering
them fabulous salaries to desert
clubs with which they had signed.
He indicated he would institute court
proceedings to regain services of
players who had jumped from the
Western League.
American Association club owners
will meet in special session today to
decide upon action to be taken
toward players who recently deserted
that organization. The Kansas City
club lost the services of Pitcher
Evans and Infielder Fabrique, who
left the team to join the OIL City,
Pa, team Of the Steel League.
Pitcher Johnson, Of the Kansas
City club. also deserted, going to a
team at Idaho Falls, Idaho. The club
owners gave no indication of action
they would take.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-05-20
BY Associated Press.

BY Associated Press.
New York. May 2o.-The attacks
by banks on high prices thru credit
restrictions was reflected in today's
stock market. Additional losses Of
to points. with extensions during
the first hour. were attributed to
forced liquidation by out-of-town
concerns.
The short interests also helped to
hasten the decline. A very consid-
cradle part of tho further reaction
was believed to have resulted from
the more pressing needs Of merchants
and others who found credits i'm
paired by the vigorous methods
adopted by the banks at IL olicita-
ton OF tho federal reserve board.
Local bank officials received mes
sages from correspondents testifying
to the further spread Of the price cut
ting movement.
Chicago. Cleveland. Pittsburgh and
other cities of the middle west re-
ported further curtailment of credit
and reduction of prices were in pro-
gress.
The head Of a local bank expressed
the opinion that business relations
have already been strengthened by
the price cutting movement. He be-
lieved, however, that the movement
might get beyond bounds and work
unreasonable hardships on small
dealers.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-05-20

tho right side of any great question
during the war;" Mr.. Sanford de-
ciared. These gentlemen were loyal.
but the house didn't follow their
lead"
Representative Frear OF Wisconsin
demanded that the words be taken
down." under the house procedure
by which action to determine their
propriety Is made possible. Represen-
tative Campbell, of Kansas. made a.
similar request. After q period of
turmoil Representative Sanford OBJ
tained unanimous consent to with
draw his remarks, declaring he meant
no reflection upon the loyalty Of
those in question.
Representative Dent Of Alabama.
who led tho fight against the pro-
rosed compromise. described 1t as q
hybrid" national guard plan.
The American Federation Of Labor
executive council protested to SEM
ator Wadswcrth. chairman OF the
conference committee. to sections Of
the army bill which provide for con-
scription OF workers In Industry in
periods Of national emergency"
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-05-20

vis,ry committee deal with these
subjects:
High cost OF living: conservation;
civil service. and retirement: insular
possessions; social problems: review
OF democratic administration and
wartime legislation: taxation: postal
reform: immigration: railroads:
agricultural policies: national econ
omy retrenchment ana budget; mill
tary and naval affairs: tariff: inter-
national trade currency and bank
Ing; merchant marine; regulation Of
industry and commerce.: law and
ORDER! pensions and war risk insur-
ance; industrial relations and prob
lens OF labor and capital and limi-
tatlons OF federal and state control
and regulation.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-05-20
Today's Mews Index
The Weather.

The Weather.
Sun rises May 81 at 4:57. sets at
1908.
Iowa-Fair tonight and probably
Friday: cooler tonight in east.
Range Of temperature at MARSHALL
tJwr: Wednesday, 67 and 81; Tues
day, 81 and 40: May 10. 1919. 81 and
Al. At 7 this morning, 55: yesterday
55. Rainfall Wednesday night. .04
OF an inch.
PAGE ONE.
Telesraphio News:
No @. o. p. Candidate Has Cinch.
Twelve Dead in West Virginia
Labop War.
Marshall Bids For Democratic Vote.
Price Stampede Spreading.
PAGES TWO AND THREE.
Iowa News:
Churchmen Approve Movies.
Would Bar Citizenship to Slackers.
Many Candidates on Primary Bal
lot.
Price Cutting Hysteria. Says Mer-
chant.
PAGE FOUR.
Sports News and Story:
To Clear Pedigree Of Famous
Horses.
Prepare Yachts For Cup Races.
Tho Abandoned Room.
PAGE SIX.
Editorial,
More Vagaries in Government.
Sugar at Cents Pound.
Their Appeal to Farmers.
PAGES SEVEN, EIGHT. NINE,
TEN AND ELEVEN.
City News:
Negro Woman Held For Robbery.
Elmwood Club Solves Road Prob
lem.
Engage Sensational Act For Fair.
Postpone Dedication of Monument.
Cooper Will Case to Jury.
Pays to Get Stolen Property Re-
turned.
Cousin Of James Boys Lives Here.
PAGE TWELVE.
Markets and General,
Corn Goes Still Lower.
Heavy Hogs in Favor.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-05-20
RsHALLTowN, IOWA, THURSDAY, MAY 20, 1920.

uatiOn was pictured from a new
angle in n petition presented to tho
commission by the National Fedora
tion of Construction Industries,
which includes associations OF brick.
lumber. cement, glass. and heating
plant manufacturers.
The federation recited that in nor
NAL times its members furnished
one-third of the tonnage of the rail-
roads and its finished products ap-
proximate in value nearly $4,000, ,000.-
600 annually.
For some time during the i'm
mediate past, our plants. quarries.
and mines have received insufficient
car service" the petition continued.
More recently, the lack OF shipping
facilities has forced many of our
industries to curtail production and
IN some cases to shut down. notwith-
standing accumulated orders Of an
urgent nature. Material in enormous
quantities has long been in transit.
representing Investment charges Of
such proportions as to have mater
ially affected the credit conditions Of
the country"
Early In the day committee from
the advisory council of the federal
reserve board submitted to the COM
mission resolutions adopted on the
traffic situation urging adequate
freight rates, to help the credit con-
dition OF the country. said:
A striking necessity exists which
can only be relieved thru the up
building Of the credit of the rail-
roads. This must come thru ade-
quate and prompt increase in
freight rates. Any delay means the
paying of greater cost directly and
Indirectly and places a burden on the
credit system which in the approach
Ing time for seasonal expansion may
cause abnormal strain.
Even under the load OF war infia-
tion. high price level. and cxtrava-
gances. the bank reserves would
probably be sufficient II quick trans
portation could be assured during
the time Of the great strain"
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-05-20
JAPAN AFTER GERMAN TRADE.
Steamship Line Established to Fa.
eiIiats Trading Between Countries.
BY Associated Press.

Steamship Line Established to "a.
eiliats Trading Between Countries.
BY Associated Press.
BERN, May 2.-Japenese commer-
ciai firms are making great efforts
to resume business with Germany.
One Japanese shipping company has
opened Its offices in Hamburg and
. regular steamship service ia
running to Japanese ports. Copper
and silk are the main exports from
Japan to Germany while potash Is
the chief article demanded from
Germany by Japan.
According to the Tageblatt. the
Japanese government Is considering
. claim submitted by Germany that
the Shantung (Tsingtau-Tsinanfu)
railway is private and not state
property. In the latter case, the rail-
way would become forfeited to
Japan, in accordance with the same
terms Of the peace treaty.
Japan proposes to release all Ger
man property under her control up to
the value Of 10000 yen. Property
worth more will be subject to a de-
duction Of a certain percentage to
indemnify Japanese who have claims
against Germany for war damages.
An inquiry into emigration possi-
bilities from Germany to Japan
shows. the Tageblatt says. that altho
public feeling in Japan has become
generally favorable toward Germans
again. the prospects are not favor
able. except for engineers and prac-
tical scientists. Foreign manual
laborers especially are not wanted in
IN nan
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-05-20
DENVER MAKES GOOD GAIN.

Colorado Capital Passes louisviIls
and st. Paul in Population.
BY Associated Press.
Washington. May 20-Denver. Col
orado's largest city. which ranked as
twenty-seventh city in 1910, has
outgrown Louisville and st. Paul.
which ranked twenty-fourth and
twenty-sixth ten years ago. The
census bureau today announced Den
vers population as 256,369, an in
crease OF 42,9ss, or 20.01 per cent
over 1910
Louisville's population has been
announced as 2S4,Ss1 and st. Paurs
as 234, ,595.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-05-20
NATIONAL GUARD BILL LOST.
House Refuses to Nationalist State
Guardsmen.

House Refuses to Nationalixe State
Guardsmen.
Washington, May 20.-After
fused to accept compromise pro-
posal involving the proposed fed
eralization of the national guard.
The house voted down a motion by
Representative Kahn of California,
chairman Of the committee on mill
tary affairs, to instruct the army re-
organization conferees to accept the
senate compromise under which it
would be optional with the states to
provide for federalized national
guard or to continue the national
guard under the militia clause of the
constitution. The test came on a mo-
tion for the previous question, the
vote being 100 to 206.
Preparedness advocates lined up
with Representative Kahn. while
southern democrats and little army"
republicans Joined in opposition.
The bill as passed originally by the
house continued the present system
OF organization OF the national guard
under the military clause a. proyid-
ed by the national defense act Of
1915 with some notifications.
The senate amended the bill to
provide for q federalized national
guard, the troops Of each state being
organized under the army clause
which would make them subject to
regular army discipline and to use
in times Of emergency by the federal.
government.
The governors Of the states would
continue to have authority also over
the guard.
A commotion was caused during the
debate when Representative Sanford
OF New York, charged that oppon-
ents of the compromise proposal were
not right on war measures.
Not one of these men were on
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-05-20
Government Orders
Discharge of $500
Arsenal Employees
BY Associated Press.

BY Asso ciated Press.
Davenport. May 20. - Beginning
next Saturday Rock Island arsenal
will lay Off $50 men n week until the
peace-time basis of $500 men is
reached This win be attained about
June 80. Tho arsenal will discharge
$500 men following war department
orders to discontinue and dismantle
certain sections of the plant. The
arsenal reached its highest point
during the last days OF tho war,
when 5000 men were employed
there. Many OF the arsenal employees
came here from eastern cities and a
large portion will return.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-05-20
MANY TEAMS ENTERED.

Twenty -Seven lnseitutions Ent.,.a
in Amateur Athletic Games.
Ely Associated Press.
Philadelphia, May 2O.--A total Of
1T entries was made public TODAY
by Elmer c. Slasle, manager Of the
annual track and field teams Of the
intercollegiate Association Of Anna
teur Athletics Of America to be held
here May 2s and 20. Twenty-seyen
colleges and universities are repre-
sented-
II was announced that one quarter
CT the gross receipts will be given
for expenses Of the American Olvm-
rio team this summer,
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-05-20
6oTToMLEY ATTACKS U. s.
America 10 No Longer Friendly Ally,
He Says.
E3v Ao~nntA !

d. - SsyOs
By Associated Press.
London. May 20.-Horatio Bot
tomiey. NJ. p, launched another at
tack against the United States in the
current number OF his newspaper,
John Bull" under the caption:
Trouble brewing with America,
our next enemy"
americans are not all Wilson's
and Danielses. There are a few stall
wart fellows like Sims, who has been
standing up for the old navy Of the
old country with a courage and
candor worthy Of the best British
stock"
Mr.. Bottomley recapituiates al
legged American insults to Great Brit
Ain. including President wilson's In
structtons to the officers OF the At
iantic fleet when tho United States
entered the war. in which the British
navy was criticized. the float,n~ a.
bonds hy =. Desyaiesn head a the
'!ssesls lyann Nh: The tolssuncd a.
sim Fein propaganda" ii the
United States and the "snubbins.. of
vlscount Grey and Sir Auckland
Geddes. present British ambassador
At Washington. He continues:
Just as ireland has ceased "a be
q portion Of the United Kingdom. 40
America Is no longer In any sense
our ally or our friend. Is Il not hirh
time tnat Premier Lloyd George took
the bit between his teeth and told
America, Just as Premier Millerand
TOLD Germany: We will not have anv
more Of this nonsense?'
Z Let US get ont from America.
debt without any further delav a,
We easily could do by premium bonds.
Let the United States be notifies
whether she enters the league OF ma
tons or not, she must have no sh,n
building program unapproved by the
allies" gaey - '"o
The alleged breach in Anr,o. An.
erican relations is attributed bve Mr.
Bottomley to "inane ideals" OF Presi.
dent Wilson. "TfIis." he goes on. q.
but another name for Yankee bluff"
Mr.. Bottomley says he wants to cal,
the Yankee bluff altho he "a
ready to accept ''the American hand
OF friendship II given with conner
rtyeted guarantee that It Is genuine /"
The article adds: Every dav Ia
making 1t more manifest that Presi-
dent Wilson entertains the most con-
temptuous regard for Great Britain
and France"
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-05-20
AMERICAN LEGION GROWING.

Msmb ership Campaign Results In
5000 Enroiiments in Two Days.
BY Associated Press.
Indianapolis, Nay 2o-Incomplete
returns into national headquarters
here indicate that approximately s0,-
900 new members were obtained in
the first two days Of the American
Legion campaign for increased mem
bershlp. National leaders believe
this figure is conservative, because
many posts have not yet reported.
Connecticut has Jumped into the lead
with 1900 new members in two days.
Oklaf oma, with 1,012, is second.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-05-20
DANIELS STILL DEFENDS.
Secretary Of Navy Continue, Tssti-
mony Before COMMITTEES.

Secretary Of Navy Continue, Tssti-
mony 1sfors COMMITTEES.
BY Associated Press.
Washington. May 2o.-secretary
Daniels today replied to naval Of
dc'sns who had charged that he aid
not take adequate steps to get suf-
nc'ent personnel for The navy before
tho war. He told the senate commit
tee that his efforts to Ienxthen his
pe'sannsl had been .abprtass.' ~
tore the war. 81 S s. s's y Fl
fte had been criticized by Rear
Admiral FIske and others becausa.
IN 1914. he only asked congress- for
enough men to Ill the peace conple-
ments OF the ships. Mr.. Daniels said.
altno he said he was only following
recommendations of the board. Mr.
Daniels said that what the navy
old In training young men during the
war has no precedent in any country
in the world"
The British navy totaled 4151ee
officers ana men whom the arm,.t,ca
wss signed, against 5co.o2l for the
United States.
In May, 1916. the general board
recommended 100000 men a. the
number a. y necessary for the navy for
War in the Atlantic, Mr.. Daniels said.
In August Of that year he recon-
mended and congress- authorized
Just 5000 less than that number.
ha declared.
Nobody in the navy In 1s1s ar
1918 dreamed that as many as 500 :
600 men would be needed" he de-
clared.
Not until after the United
States entered the war was it an
parent that preparations must be
made on a much larger scale than
100000 men. Mr.. Daniels said.
Mr.. Daniels paid tribute to thu
work OF Rear Admiral Blue. former
chief of the bureau of Navigation
and read a letter from the ofricer
denying Rear Admiral McKenna..
statement to the committee that
shortage Of personnel was largely
duo to an error by Admiral Blue in
1918 in estimating the complement OF Of
ships. -
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-05-20
PREsERvERs BOYCOTT SUGAR.
Will Buy No More Until Price.
Como Down.

BY Associated Press.
New York, May 20.-The Nation.
al Preservers and Fruit Products
Association announced here today
that It's members will stay out of the
sugar market until the price of sugar
comes down from its present high
level. The association claims to rep
resent IS per cent, of the manufac-
turers who make jams. jellies and
preserves.
THE so-aclled shortage of sugar
does not exist" read statement by
Marcus Blakemore, vice-president of
the association. who has investigat-
ed available supplies with the help
OF the department of Justice. Present
prices represent pure initiation caused
by boarding by spectators"
An excess Of more than SOC. 900
tons over last years total consump.
ton is in sight.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-05-20
URGES PRESS TO ...
.A1DBOND MARKET
Trsasiry Department Makes Appeal
to Press to Give Publicity to the
Future Value Of Liberty 6onds-
Stat smsnt Says Short Sighted
People Are Selling Bonds at Loss.

BY Associated Press.
Washington, May 2o.-The treas
ury department appealed today to
tho press OF the United States to aid
In amr rowing the liberty bond situa-
ton BY carrying in their columns a
statement Of the instrinsic value Of
the bonds and tho present prices. The
statement explains the reason for the
preient bond prices and suggested
methods for their Improvement.
Referring to the slump In market
quotations, the statement said:
"The price has been cut down because
80 many people are offering to sell
their bonds. Short sighted people
are dumping them on the market and
wise ones are buying them."
The treasury advised holding on to
the bonds and the buying Of many
more at present loV rate as could be
afforded. for in the latter case the
purch aser will not only receive the
reguls-r. interest but make a clear
profit between present prices and
the regular value 70 the bonds.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-05-20
STOCK TAX FOR BONUS.
Bitter Partisan Fight Waoed Over
Compensation Plan.

ONsST paexioau TtOUS "A0oo Vvor
Compensation Plan.
By Associated Press.
Washington. May 20.-A 10 Per
cent stock dividend tax retroactive
TO s1o1t was approved by the house
ways and means committee as q
sciDme for partial supply of funds
for.the soldiers compensation. The
adoption OF the stock tax by mar
.1tusof one vote precipitated such a
fight that the report of the commit
tee was delayed.
The committee also rejected an so
Der cent war profits tax by a strict
party vote.
The senate voted today to insist
IN It's provisions as to the national
xuArd, but returned the army re-
organization bill to conference for
further negotiations.