davidaulloa/AmericanStories huggingface dataset:
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-01-04

Waring. King William: Copeland South
al. WashinEton; Eill Bainbridse. New
ra,,,nnd ni' ~ ~ S; M,ry
Byrnc Oman. of Richmond. has been
promoted to firSt-clasS yeomun on the
United states steamship GcncScl. now
in the Alrio:lc SQUADRON.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-01-04

The Helping Circle OF Kings DauGh-
tcrs will meet with Mrs. w. Ii. Parker.
2215 East Broad Street. on Monday
aftcrnC ,n az 5:3C O'Clock.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-01-04
wosIEN's MEETINGS.

The annual election OF the Confcd-
crate Memorial Literary Society viii be
rcld Wednesday, at IL O'Clock in the
Confederate Museum.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-01-04

they wero killed by hundreds all over
He thinks that tho number which.
nuntcrs are permitted to bag In QUO.
day should be limited to ten. .,
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-01-04

people OF Virginia that unies, r,bb,.,
are protected In Virginia, they viii he
entirely cXtcrminntcd "'i w
IN the recent snow, Mr.. Hart sov,
rabbits werc so easily tracked tSot
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-01-04

NJ. n. Hart chief clerk In the state
Department OF Game and Inland Fish
Cries. has sent out \ warning To the
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-01-04
HART SOUNDS WARNING

Unless Rabbit. Are Protected by Leg
tsintion. They Will H~ Extcrm-
inatcd. lie Snys.
La prensa. [volume] (San Antonio, Tex.) 1913-1962, 1920-03-22

Nigga Tone e p-spaolo
en- III DaGuc.c psC-cEo =
corveaisn.e- Las pastILaS
rSJa1 cu5!s--S con una
capa de zzucar. dc buea
sabor Y muy i4cil lie
t0rar. No Sc opone a
sus trahajos o place-eS.
PruSDelo V I'd. 10 re-
comerGxrS . -otoz SIS
amigos
La prensa. [volume] (San Antonio, Tex.) 1913-1962, 1920-03-22
UNA DENSA NCBE
De HUM0

Cuando los peones levantaron las
pesadaS puertas de acero que cerra-
bar Ia boca del tiro, escap0sc una
densa nube de hume i~mprcgnada de
rases nal oliertes Dividese, el trio
en- tres s~ecciones: orienrc, central Y
occidente, Y tierc treinta pies reeves
tIGos con concrete. De esta p%rofundl-
cad hasta 600 metros, esta deblda-
r.cnte ademada con MADEIRA. La I'M
preston que recibimos fue muy desa-
~gradablc. En- las afueras de la NINA
Sc oycron algunos lamentos.
pisipada un tanto la nube de HUI
mo, Sc dieron 0rdenes para moverlas
jaulas de las ]secciones ponicnte Y
central del tiro, no hacicndOse 10
r,ismo con Ia del Este, por hallarsc
dcntro de la nina Y nc haber Sido
posible sacarle ell dia en- que g de-
ci&r6 ell fuego. Esta jaula Sc haIla 4
Ia altura del nivel 800.
La prensa. [volume] (San Antonio, Tex.) 1913-1962, 1920-03-22
Sc ~ESTABLSCE UNA c.
LRIENTE DE ARE

Hcchos los p~reparativos del case, y
sieudo indispensable dar a Ia nina Ell
sire necesaio, Ell Juez de DistrIto
:.dmiti6 fucse alberta IA entrada de
Santa Ana, a efecto de estabIecer
dehidamente las c]orrientes, proce-
Gicndose a efcctuar esta manIobra
desde luego.
Con toda actividad Sc estuvo Or
~carizando Ia labor, desde las prime
2 h0ras del dia. Los mismos jefes
de Ia Compatibility este servlra de
eicmplO para otras negociaclones-
los senores Berry. Smith. Colsomen.
LAM Y Wilson, provistos de sus mas
c~afitas Y todos los implementos ncce-
sarios para operar cor e! menor pc
iiCro, fueron los primeros err bajar a
los tiros, hacienda personalmente to-
JAS las operaciones n~ecesarIas. FL Sc
nor Ross, jefe principal de Ia asocla-
cl0n, dirigi6 tdnbi6n las m~aniobras.
Dcspues de Ia comida, las opera
clones Sc continuation con Ia misma
act.yidad, Y Ia que dur6 mas fue Ia
de! trio Ia Luz Los jefes de Ia
Comrania bajaron de ounce en- quin-
&c metros, tanto para observar los
La prensa. [volume] (San Antonio, Tex.) 1913-1962, 1920-03-22
GRANDES AEERIAS
En- Ell INTERIOR

4 juzgar por la ~profundidad ma
Nina a que pudieron llegar las jaulas
Sc cstima que dc este nivel a los mas
profundos debe haber averias mug
considerables ~ocasionadas por CT fue.
go Y cuyo costo no Sc alcanza toda
Via 4 calcular nj remOntamente.
HechaS las pruebaS a que me re
fiero antes, Sc resolvi0 emprender ell
primer viaje, hacitndolo los sehores
Ferry, superintendent de Ia nina,
los capitancs Palacios J Manue! Ra-
r2irez Y e. electricistas Pauline A
guirre. FL primer viaje de cXp!ora-
cion dur0 Cuatro minutes.
4 las nueve Y 50 minutes Sc efec-
tu6 el segundo ~descenso, ~hacitndoIo
inicamente los scnores Berry Y Pa
lacios. En- csta vez fueron va provis-
los de lamparas de carburo. Pre-
vlamentc Sc habia demostrado que ell
incendio ha conclude por complete.
La prensa. [volume] (San Antonio, Tex.) 1913-1962, 1920-03-22

PACHUCA, Mario ia las ocfo
de IT, maiana Sc a;'ri0 la cntrada del
tiro de sci Bordo," para prOceder
a IN reconocimiento interior de la
nina Y eXtraer los cadaVeres de los
ocnenta ! siete mineros que perdie-
ron ALI la vida.
Sc cree que del nivel 305 para aba
10 haya grandisir1oS d~csperfectos,
porque los elevadores no pudieron
daSccnder a profundidau mayor,
ror mas e~sfuerzos que Sc hicieron.
Easta los momentos en- cue envi6 este
mensaje, no Ia sido extraidO ningun
cadaver. a la simple vista Sc pucde
uno dar cuenta exacta de la magni-
tuG de Ia catastrofe, notandose entire
les directories de Ia nina una pro
farda contrariedad. Esta importante
diligencia ha sido presenciada por ell
Juez de Distrito, Presidente Munich
nal de Pachuca, e. senior Fernandez
Jr., Y ell Inspector de ia Secretaria
Ge Industrial Y Concrete.
La prensa. [volume] (San Antonio, Tex.) 1913-1962, 1920-03-22

Basil King nos ha reve,ado "a manera dc
como los au:oreS dan nombre = sus produc-
clones. En- una carta C2e recientemente diTl-
so Z un micmbro de "a compaiia Gildwyn.
dice 10 siguiertc a csc -cspecto:
Used me supIica le Olga 81 porque del IT,
tulo de mi libro La Gale llamada Recta. =
Voy a explicarselo.-Hahia escrito las prl-
n,cras piginas del lihro sin haberlc cncout-a-
10 titulo todavia. cuando una tarde, en- mi
casa en- Cambridge. fu6 a Ia bora del ts. una
hermosa sc1o-it& ampliamente c%onocida en-
Boston = en- otras ciudades del pals. S.suien-
d. Ia costumbre. me rreGunt' 81 en- aqueiia
Fs,hn estaba escribierdo algo. Y 20. que me
cucontraba entusinsnlado. L. respond afirHla-
tivamente haciendo!e una pequena resena dc
In obra. Ia cual mereci6 sd aprohacion- Oca-
sicnalmente ella us0 &c Ia siguierte EXPIRE
s!cr :-"Por In Gale ilamGda recta. acoStum-
La prensa. [volume] (San Antonio, Tex.) 1913-1962, 1920-03-22

Leyendo Ia correspondence del dia
81 banquero Casajon & Gle, de Bur
.eos. encontro una carta de su mas
mportante c~orresponsal de Londres,
81 senior Mackenson & Co, casa muy
seria. con Ia que estaba en- relacio-
mes come.ciales desde hacia !argos
ahc@.
La prensa. [volume] (San Antonio, Tex.) 1913-1962, 1920-03-22
La CONMOVEDORA CATASTROFE En-
F., La NINA FL BORDO, De PEACHUA
Las famiias de los supervivientes Sc desmayaron al yer salir
a estos de la NINA agotados despues de Una semana, du-
rante la cual Sc aIimentaron de terra y IN pc
dacito de torlilla cada dia.

daqo en- las primeras informaclones
de los p~eri6dicos pas0 momentos de
suprema augusta, al hallarse en- e!
fondo de la nina. De improviso SIN
tic u lie fa.taba el aire pues no fun
cioraba su escafandra. HiZo funclo-
mar ~rapidamntc el ~ascensor, saliendo
a flor de terra, en- donde ell contac-
to del aire EURO pudo reponerse del
ricmentaneo ataque cue sufriera en-
10 profundo. Como el senior Palacios
Cuedara adentro, Embellishments ba-
il para buscarle cl senior Ramirez
V sc hallaron en- el nivel 305.
Irmediatamente el electricista pro-
cedi6 al arrcglo de los aparatos de
scnales, indispensables para cualquler
mCvimiento.
La prensa. [volume] (San Antonio, Tex.) 1913-1962, 1920-03-22
WAVES DE PRUEBA

Para que Sc pudiese saber Ia can
tlGad de gas carb0nico que hay cnce-
rrad6 en- los estrechos tune!es dc la
NINA. Sc resolvio encender dcntro dc
coda jaula una vela, hacienda des-
Gender solo cl aparato. y Sc VIC que
a los 3O5 metros de profundidad las
jaulas va no bajaban mas y que las
velas Sc apagaban.
La prensa. [volume] (San Antonio, Tex.) 1913-1962, 1920-03-22
(Pasa a la Sa.)

b,amos en- Nueva Inglater.a. If 4 Ia casa lis
mazda bonita" ESQ Ee sugi-!o Z! a.u.o IN
m~ediatarente Y asi 10 hice sabcr 4 mi COM
rai era, a quien proHeti cnviar el primer
c.emplar &c mi libro.
Con recerencia al titulo de mis- ot.os liz
bros. debo decir que los hago de acuerto con
q contenido de los libroS. j 1 vcces. aunGue
no sicmpre. los concibo antes de dar princI-
pic a IL c~scritura de Ia obra.-Tal Tue FL ca
so de La Olivia Silvcs.re.' tita.o que tra!s
en- In mentc por cspacio dc diez amos. otro
dc mis- Ebros The Inner Shrine" to!no 81
rc-nb-o do uro d.. los sonetos de Wordsworth.
cue me encontraba leyendo precisamente an
les de dar princirio 4 mi obra.' .
La ~pc.icuia La Gale lamada Rccta' sera
cxhibiGn en- 81 Majestic ,lurantc IL presente
semana. en- a6iciGn Al programa regular d'
vaudeville.
La prensa. [volume] (San Antonio, Tex.) 1913-1962, 1920-03-22

c;.daveres que hubiera, como para
darse cuenta de los d~esperfectos su-
fridos en esa parte de Ia nina.
Despues de bora Y media de descen
so, llegaron q trescientos setenta me-
tros de profuEdidad. En- ell recorrldo
kallaron nueve cadaveres, en- estado
de purtrefacci6n va. A los $40 me-
.gos entontraron' otro cadaver. que
por la posici6n en- que eStaba coloca-
do imridi6 I'm descenso mayor. Ha-
Ilados estos cuerPos, subieron de luz
VIC los senores Smith, Wilson, Colso-
men V LAM, para proveerse de TODD
ic necesario para Ia extraction.
iENCONTRADOS VIVOS
Entretanto, los senores Berry, in
ceniero Ignacio Quintanilla y capt.
tan Manuel Ramirez. Sc dirlgleron
por el trio de "El Bordo,' los dos
ultim disponiendo unicamente de
siete minutes para hacer u opera
clones con las escafandras. Por el
nivel numero 207, despuGs de haber
descendido I'm POGO, tomaron ell rum
10 del trio del Sacramento.
Mientras ~caminaban, Observance por
tCdos lados, en- busca de cadaveres,
oyeron un rumor, conlo de woes, pro-
ceGentcs de una caverna. Al principle
no lie dieron importancia al detalle,
Pcrque creyeron que serlan las mis-
mas VOICES que hacian eco en- las ro-
cas-. Pero al irse acercando mas Y
mas, Sc acentuaba el rumor; Y no.
tando ellos que nadie hablaba, y que
sin embargo, las voccs pcrsistian, sc
sintieron iluminados por un rayo de
esperanto.
La sorprcsa fue terrible para los
cue descendant. Y la emocion inter-
sislma para los que hacian n Sc
mana luchaban. en- Ia obscuridad
mas p~rofunda, entire Ia vida Y ID
muerte. Cuatro pObres barreteros,
dc2fallecidos por el hambre Y Ia sed,
f~Iacos, paliGos, a~currucados en- IN
rinc6n, junto a una roca, sc d!rigian
los unos 4 los otros. frases de alien
to.
Los infelices, tan luego sc dieron
cuenta dc que habia ALI genie pronta
a salvarlos. 4 sacarloS de aqucl in
fierro, prorrumpieron en- ana excla-
r!aci6n de iGbilo Y olvidandose de!
lesneto que afuera le tenian 4 u
lcfes. o~lvidandose dc TODD, con Ia
emoci6n intensisima &c que estaban
saivados. cuando Sc cerian sepulta.
DDS para siemprc, sacaron fucrzas de
(Pasa a la Sa.)
La prensa. [volume] (San Antonio, Tex.) 1913-1962, 1920-03-22
DEL Ola
FL CAJERO LADRON

Leyendo Ia correspondence del dla
81 banquero Casajon & Gle, de Bur
.eos. encontro n carta de su n
Importance corresponsal de LondreS,
81 senior Macken&on & Co, cas- muy
seria. con Ia que estaba IN relacio-
mes come-cialeS desde hacia !argos
ahc=.
La carta decia asi:
Senior Y est'mado correspondent:
Por la ~presente, le suplicamos nos
presto listed un servicio. Nuestro ca
Zero, en- el que teniamos depositada
toda nuestra confianZa, ACADIA de
huir llevandose 100000 frances de
~valores. que ha embarcado q bordo
de! Japon, con destino 4 Burdcos.
Iiucho lie eStimaremos que a su lie
Gada a eSa, trabara listed conocimicn
to con q. sin deSpertar u soSpe-
chas, lie modo que le confie los va
lores que nos ha robado ' cscoja Su
~apreciablc casa para negociarloS.
Luego que dichos ~valores esten en-
poder de listed, sirvaSe dcvolvGrnoa-
los. En- cuanto al culpabIc, 81 recu-
reramos ~nucstros fondos, no quere-
mos que Sc le persiga en- justicia;
esrc ~deSgraciado tiene mujer Y cinco
kijos. nos ha Servido honradamente
durante veinticinco amos; &c entire
para listed 10000 frances Y lc acoE-
sejara cue Sc vaya q esconder en- a
gun rincon ignorado del mundo.
lie anticipamoS las gracias..."
En- hoja aparte, venia In dcscrip-
I c;on cyacta del ladr6N.
E. banquero Casajou. muy con-
tento, in petto. de 10 que lie pedia
| So corresponsal br;taaico. reso!vi@,
dcSde luego hacerse digno de Il alta
! opinion que sc tenia de 81 Ell eI eX-
H~aniero.
Espcro con ;mpacjcncia Ia IIegada
lei Japon.
Este lego al puerto una manana
= las once. Casajou, mezcIado a los
curiosos que cstaban en- Ell dcSem-
barcadero. mirsba d todos los pasa-
jeros. y recoroci6 faciImente q! ca
jero.
FL ladr0n vcSrido como un pcrfcc-
to gentleman, Sc hospcd6 en- un gran
hotel de Ia Avenida de Ia ~Indepen-
Geucia. Casajou 10 siguio. FL cajero
tonic IN caurto : baj6 n comedor.
CaSajou Sc sento 4 81 lado.
Solo faltaba cHtrar en- c~onyersa-
Gin ' NADIA mas q proposito que una
huena comida para soltar las len-
guaS. FL banquero comenz6 por mos
trarSe Ge atcnc:ones para cou su vc-
elmo, le paS0 platoS, lc Sirvio de be-
ter, Y lucgo:
listed ha venido 4 conoce a
Francia?-pregunto.
Yes, yo Quercr visitar Fraucia.
Que ieIiz Is listed De podcr via
jar, repuso e. banquero. Siempre ha
lido mi sueHo cl poder viajar mucho,
rcro deSgraciadamentc los negocios
ne GeJjenen aQai.
listed ser comerciantc?
No, senior; soy banquero de Ia casa
Casajou y Ga, para Servirle.
All. iqu6 gran felicidad. 70
| prccisamente buScar IN banquerc
para negociar los MICS valores.
-Esto cae . las mil maravi!Ias-
. - -
La prensa. [volume] (San Antonio, Tex.) 1913-1962, 1920-03-22

no lie p~arecera nal que Sc los deje-
rlos en- cuenta.
De listed. ...."
Despues de esta brillante opera
ci0n. cl banquero Casajou Sc ha re-
tirado de los ~negocios.
La prensa. [volume] (San Antonio, Tex.) 1913-1962, 1920-03-22
ANGUSTIOSOS MOMENTOS

Mr.. Berry, quien en- un principle
&seguraba que la magnitud de Ia ca
t;:strofe no era Ia que Sc le habia
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1920-05-08
INFORMATION FOR ALL READERS OF
THE TOPEKA STATE JOURNAL.

Each reader Of The State Journal Is
offered the unlimited use Of the largest in
formation bureau IL the world.
This Service Bureau Is located III the Ra-
tional capital. where ii is in immediate
touch with all the great resources Of the
United States government
1t can answer practically any question
you want to ask, butt can't give ad-
vice. nor make exhaustive research.
The war forced so many changes In the
daily life of the American people that the
services Of this Information bureau Will be
Invaluable TO all who use it,
Keep In touch with your government at
all times, 1t can helm you in thousand
WaEE II yeur wants are only made snown:
fhe State Journal pays for this splendid
service In order that every one of its read
eFs may take free advantage Of It. fou are
welcome to use 1t as often as you like.
Write yeur request briefly, sign your
name and address plainly, enclose a-eent
stamp for. return hostage and address, the
TOPEKA STATE JOURNAL INFoRMA-
TION BUhEAI.
Frederic j. Haskim. Director. Washing
ton, H. -
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1920-05-08

the requisite number for use on the
presses in printing the governments
money.
Since there is no other agency in
the nation which is authorized to print
money, there is no private industry
from which this money factory of the
government may learn lessons that
are to its advantage. 1t has been
necessary that it should stand alone
and develop its own methods and its
own devices. In this way it has pro-
duced many Industrial novelties which
are OF be seen nowhere else. There
| is, for instance, q device for measuring
the hardness of these steel plates. for
they must be very hard to stand long
runs and give the clear printing which
is necessary. One would suppose that
| the hardness of this steel would have
to be tested by attempting to cut it
! with a file or some such tool. AS a
matter of fact such method would
be crude and ineffective. There is a
method of accurately measuring dts
hardness without so much as scratch
Il ing it.
The device which does this work is
a glass tube some two feet long, upon
which is etched a scale of inches like
that on ruler. At the top of this
tube is held a little weight in the form
of cartridge. 1t is about the size of
the cartridge of a .22 rifle. This little
metal cartridge has a diamond at its
tip. This tube with it's cartridge is
placed upright over the steel plate the
hardness of which is to be tested. A
spring is touched which releases the
little cartridge which drops upon its
diamond nose upon the steel plate.
When this diamond hits the steel it
rebounds. The distance it will leap
back up the tube accurately measures
the hardness of the steel. Upon strik-
ing the hardest of the plates that are
manufactured here the cartridge. will
jump four times as high as it will
when striking the soft plates that are
just from the engraver. The quick
eve of the tester watches the little
cartridge to see how high it climbs
and instantly Knows the degree of
hardness of his plate. Unless. it is
just right for the delicate task of
printing the nations money 1t is sent
back to the furnace rooms where it
is heated and tempered and retem
pered until its consistency is what it
should be.
From the master plate it is neces-
sary to make considerable numbers of
the printing plates, which are soon
worn out in the printing of money.
These duplicate plates must be
checked in and ovt with infinite care,
SO that it is impossible for anyone to
spirit one of them away for the pur-
pose of counterfeiting. When these
duplicates show any degrees of wear
they are loaded on a truck and ear
ried across town to the navy yard un-
der heavy guard. There they are put
in retort and melted down. Two
hundred thousand pounds of these
plates are melted every year.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1920-05-08
The Woman Who Loved-and
E.arned 4 Modem s.oy q Home and Business
By JANE PHELPS

dear. You didn't look happy this
morning. I feel like a brute to take
you from work you loved to make a
home fer me-unless 1 can make you
happy"
shall not listen to any more nonsense.
What I did, I did of my own free will.
Don't keep house to suit you? Is my
cooking atrocious? What is it ?"
You are wonderful in all you do,
Gerry. But I hate to see you as you
we're last night, and this morning"
Cant I have a fit of nerves once
in a while? Women all have them
when they have time. It's very fash
ionahle, Bob. Those women who used
to come to the shop in limousines
carrying their pet dogs in their arms,
often had them. We kept sal volatile,
brandy, and / don't known what else,
so we could soothe them.
You are sure you don't regret
anything"
mot a thing, only that you seem
determined to talk all night instead
of trimming this window. I'm hun
CRY as a bear"
We worked rapidly, and soon had
finished. Before we left the store,
after Robert had turned out the lights,
ne took me in his arms and told me
of his love, his thankfulness that I
had been patient with him, had not
thrown him over for a good-for- moth
ing-as he expressed it.
Il was spending my time with
toughs. going to pool rooms, making
an idiot of myself generally, just be-
cause I hadn't any stamina. 1t seemed
to have oozed out of me. But now.
Gerry, I am sure I shall make good
but I can't if / see you unhappy"
I recognized the weakness in Robert.
Recognized it and some way loved
him better for it Like a child he
was affected by everything around
him. He couldn't do his best unless
was happy. I'd find some way to
still this discomfort.
We had delightful evening l had
read a good book and told him the
story. He had little time to read. and
often pretended l had to keep him
posted or he would forget there was
anything in the world but baseball
bats and golf sticks
Go be continued.)
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1920-05-08
LITTLE BENNY's NOTE BOOK
BY LEE PAPE-


Inc GarR ave. NEWS.
Weather. Fair for one is fair for
all.
Spoarts Skinny Martins ant gave
him a pare of wife pants for his berth
day and Skinny sed he Wouldent dis
grace himself wearing them and last
Wensday after skool he started to auc-
ton them off out of his parler win
dow. witch Persey Viewer had jest bid
sents. being the highest bid so far.
wen Skinny's mother came up and
chased all the fellows away and went
in after Skinny, witch Skinny says he
dident get a licking but some think
different.
Exter. Pubs Simkins Almost Gets
Waved, Pubs Simkins started to way
himself on the sent in the slot way
ing machine outside the segar store
last Satidday, but suteh d crowd
got off of the machine ageR and
wawked hawtilly away.
Intristing Facks About 1ntristing
People. Redtly Merry has bin having
a lot of trTubble with his teeth lately
but he says that amt enything along
side of the hubble he's bin having with
the dentist.
Sissiety Miss Loretter Mincer de-
MES she is 10 Seers old and says Miss
Mary Watkins jest sed she was out of
meenniss, Miss Mincer saying she is
ony and if there's enything she cant
stand its slanderousness.
Auto Notes. Benny Potts, Artie
Alexander, Sid Hunt and others was
standing watching a man trying to
make his autonobeel go and giving
him Ulcers and suggestions agenst his
will, and after a vile the automobeel
went agen, proving some of the sug-
gestionS mite of bin all rite.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1920-05-08
HOW TAX LAW WORKS.

How the existing unscientific and
detrimental tax law, which, owing to
the uncertainty of determining cost
values and the immense burden on
legitimate business profits, tends, in
order to keep within the bounds OF
business safety, to the pyramiding OF
values beyond all conception of most
of the people in the United States, is
shown in a letter addressed to the
chairman of the house ways and
means committee by Frederic Y. Kip
of New York
Under the present law, he points
out, it is impossible for a successful
manufacturing or commercial con-
Germ, Of conservative capitalization, to
retain from its earnings sufficient
funds to cover additional capital re-
CURED on account of advanced values
of all raw materials and other com
modities. since 1914; to- say nothing 81
the necessary additional capital re-
quired for a naturally conservative ex-
pansion of successful businesses.
To illustrate the working of the
law and its effect on prices the follow
ing example is cited:
A certain cotton yarn manufacture
ing concern of a capital of $4,000, goo
and with large borrowing facilities
made previous to the war 1000, 0oO-
about 2 per cent on turn over of
some SS,000,000. The officials of this
concern say, THE war is over, my or
ganization. ability. brains and borrow
ing facilities made before the war 81
100000. If our present government
makes faulty tax laws, we cannot help
it, all we can do is to- fit our results
to that condition and as long as there
! is shortage and the going is good.
we are going to still make our ST.
100000. which we consider we are
legitimately entitled to-" So prices
of single 35's cotton yarns are ad-
vanced from S5 cents pre-war value to
$3.50 and higher.
According to last years taxes. this
concern would have to make in 1920,
100000 to retain $1.000.0o0 and &C
cording to this years taxes. they
would have to make about s2,5O0.0 06
to retain 100000. This one fea-
ture alone, caused by the administra-
ton itself. thru the faulty tax law, is
more responsible for the high cost of
living than any one other factor.