davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-06-23
New York, See 1t Through!
A Dollar Unwinds Foot Of Red
Tape from q Suffering Soldier.

To THE New York HERALD: In TIE
New York HEsALp Of June 20 there is
an error in tho statement that in my talk
at the Church of the Ascension i criti-
cised the Government for failing to pro-
vide proper care for the men who fought
in the war.
The Veterans OF Foreign Wars do
not feel that II is quite proper to criti-
else tho Government In this connection.
because It 10 recognized that in dealing
with such q vast problem 1t Is essential
that every possible detail be worked
out in advance and that every SAFE
guard be put around tho handling OF
the funds.
What our men do criticise u that
pending Government action New York.
which agreed to "Seo It Through" ID not
willing to cut the red tape TO the extent
of caring for the men properly pending
completion Of Government arrange
ments.
Many of the fences still say in scream
ing type NEW York. See It Through"
increasing numbers: they are sleeping
in parks IN New York, and the average
citizen says "1et the Government do it,
Much good work Is being 0Dne by
various organizations in town. and we
believe there is an increasing coopera-
tion among them. For this the Veterans
OF Foreign Wars are deeply grateful.
But they have got their own work to
do and their appeal Is for help, instant
3,n1x rxr DoA 80 "A "a
of 81 foot until the 100000 necessary
for its years work shall be secured. We
are helping ourselves, our men are con-
tributing out OF all proportion to their
earnings and they cannot do more. With
each of our eighty-one posts in the met
ropolitan district. every man OF whom
has done overseas service. with half its
membership Ill or wounded or out Of
work, and with ono whole post taking
vocational training yet pledsing $3.50
q month from the meagre allowances OF
the men for the care of their comrades.
tackling this task, 1t would seem that
we have definite right to ask New
York to come to the rescue and keep its
promise to "See 1t Through" We also
feel that we have right to ask the
support Of the press without making
ourselves news by parading half sick or
wounded men through the streets or hui
initiating them in other ways.
Our national headquarters is at 80
Union square, and we have rooms do
mated by the Guaranty Trust Company
at 522 Fifth avenue. We can't afford
press bureau and we must depend
upon volunteer workers to sell our Red
Tape. G. B. BAKER.
NEW YORK, June %.
The New York herald., 1921-06-23
A Franco.German Entente.

To THE NEW YORK HERALD: The COM
mon sense of France and Germany may
be coming to the rescue of a threatened
and overtaxed world. There now seems
TO be a fair prospect of an understand
ing between the two countries. What
a sane and simple solution!
Both countries are now republics Why
should not these neighborng republics
be friends? why not allies?
BERTRAND SuADwELL
CHICAGO. Ill. June 20.
The New York herald., 1921-06-23
Concerning Elon II. Hooker.

TO THE NEW YorK Herald: In ar
ticle headed Cheers. Also Boos, Are 20
Greet Sims When Ship Docks" in your
issue Of yesterday, and in article neadcl
Admirers of Sims Will Charter Boat
to Meet Him in Bay" in your ISSUE Of
to-day, Elon II. Hooker is described as
president OF the National Security
League.
! would respectfully cali your atten-
The New York herald., 1921-06-23

The young gentlemen from the
Naval Academy rowed fine race over
the Poughkeepsie course last evening
and won their victory by the excel
lence OF their workmanship. California
put forward a strong crow. but the
oarsmen from the Golden Gate could
not match the Olympic champions.
The Poughkcepsie regatta, attracting
college crews from all parts of the
country, is a classic of amateur sport
interest in which increases year by
year.
The New York herald., 1921-06-23

ton to the fact that Mr.. Hooker is not
president Of the National Security
rectors and therefore has no authority
to speak or act for it.
LLOYD TAYLOR,
Secretary and Acting Chairman Of
Executive Committee.
New York, June 20.
The New York herald., 1921-06-23
Coming and Going.
- a., J.,.,eo. ,y;fs, gt,.

FToM THc HUNSuS Ulty otuT.
The traveller in Oswcgo, Kan. aiishting
Al the Frisco station IL greeted by a plar-
ing sign nj tho citation cafe which reads:
~Don't Go into Town Looking Half
Starved" On tho opposite sfdo of the sign,
reminding the traveller who IS about to
take the next train out, y the sign Don't
Leave Town Hungry
The New York herald., 1921-06-23
The Deit-r tho Day the Better the Deed.

From the Garden CITY (Mo.) victgs.
On Sunday recently Mr.. and Mrs. Lloyd
L. woolcry of Garden City nctted them
selves the sum Of s56 and ridded their place
of wolves. They found two old wolves and
twelve babies In an old bee tree, and after
the slaughter their peits were worth $40
each for the adult ones and SO each for the
little ones.
The New York herald., 1921-06-23
Government Aid for Exports.

Before any good can come Of the
multitude of projected schemes to
furnish credit to promote exports OF
American farm products. American
factory output or any other kind oi
American goods there must be a
thorough understanding Of the ex'
act reason why ordinary banking
methods in the export trade have
for the time fallen short of require
ments. We think the very lucid
statement OF this difficult banking
problem in the current Federal Re-
serve Bulletin puts the matter in as
few words as possible:
There has been little or no reduc-
ton in the urgent nature of the prob
lem of financing our foreign trade
and particularly the export move
ment.. Efforts to further the organiza-
ton of special financing corporations
created for the purpose of granting
long term accommodation have met
with limited success, the reason for
delay being found largely in the in
disposition OF banking institutions TO
subscribe for stock In them.
That there is a large and impor-
tant field Of credit effort to be filled
by such institutions is beyond ques-
ton. The problem in the case ap-
pears 70 be partly that of accurately
ascertaIn.ng the credit Of the foreign
borrower 50 as to be sure OF the
soundness OF the loan. and partly that
OF assuring a sufficiently broad in
terest among American investors"
1t Is not enough that the foreign
trade financing corporations already
started under the Edge act and un-
der State laws, and which represent
thus far about s7s,00O,o 900 capital and
surplus and s475,ooo.Ooo in assets,
had taken the difficulties into con-
sideration before they began bust.
ness. The reason these special cor
porations have not been more sue
cessful is that. while they knew what
the obstacles were. they were not
able to overcome them.
II is appropriate here to look back
over the various steps taken to
finance exports or to promote them
by other than strictly financial meas
ures. The most widely heralded move
was the revival of the War Finance
Corporation. The next was the for
nation OF the Foreign Financing Cor
poration with s1O0,000.000 capital,
subscribed by all sections OF the
country. Before and after these two
came the dozen or SO Of private cor.
porations. with capital from $4,000
900 up and with assets from $4,000.
600 to as high as $3.50. 900.
Besides this there have been sug-
gestions that Federal Reserve banks
extend their discount privilege to one
year paper, and the central banks
actually have heightened the matur-
ity OF purchasable foreign trade pa
per from ninety days to elk months.
The latest development is the ap-
pearance OF CARL vRooMAH. former
Assistant Secretary of Agriculture.
before the Senate Agriculture Com
mittee with an urgent appeal foc the
passage of the Norris bill providing
for Federal farm export corpora
ton with s1Oo,0Oo,000 capital.
Not one Of these schemes contains
The New York herald., 1921-06-23

Syeeia' Despatch TO THE NEW yonx HERALD.
NEW HAVEN, June 22.-James Row
land Angel was inaugurated the four
tesnth president Of Yale University this
morning. The ceremonies. made moro
impressive because they were combined
with the univarsity's 22oth commence
rnent, were attended by prominent cdu-
Gators sent as representatives Of their
respective colleges to assist in welcom-
Ing Prof. Angell Preceding Prof. An
cells inauguration fifteen honorary de-
grees were conferred upon noted men
and women, including Mime. Curie. De-
grees were conferred on 7s9 students.
The ceremonies opened this morning
with the commencement procession on
the campus. marchingsto Woolsey Hall.
Tho procession was led by President
Hadley, who escorted the president-elect.
and was followed by the men and
women who were to receive honorary
degrees. The educators came. next. with
the student body following.
The only one to receive a degree who
did not take part in the procession was
Nine. Curie. whose Ill health forbade
her to participate. -3
After Prof. Angel had been acclaimed
by fanfare Of trumpets as the new
president Prof. Russell Henry Chitten-
den, director of Sheffield Scientific
School and senior dean. welcomed the
president.
Prayer Opens Exercises.
The commencement and Inauguration
exercises In Woolsey Hall opened with
a prayer by the Rev. Charles Brown.
~ 80 ~R oex,n VIVA
conferred upon Prof Angel. after which
followed the induction Of the president.
President Hadley in conferring the Yale
charter and the symbols of the univer-
sity to the new president said in part:
'tNever did the office OF president
bring with 1t greater burdens and re-
sponsibilitles than it does to-day. The
whole system OF education Is changing.
With limited resources at command, our
schools must make intelligent choice OF
these things which it is most vitality
necessary to teach.
Accept this charter and seal, and
may God give you strength so to dis
charge the trust which you now receive
that when 1t comes your turn to transfer
the Office to your successor you will
for what you have taught her to do.
Confident in this hope. we salute you
as our President"
Director Chittenden in his address OF
welcome for the faculty. said
'The function and scope OF univer-
sity to-day are vastly more complex
than even a generation ago. It must be
prepared to deal with diversity Of
problems undreamed Of even by our
immediate predecessors. TO you, sir,
we look for this leadership with a feel
ing of assurance and confidence"
The New York herald., 1921-06-23
RADCLIFFE GRADUATES 11s.

CAMBRIDGE, Mass, June 22.-Radcliffe
College graduated a class of 115 young
women to-day. Three of the graduates
received degree Of associate III arts. one
that Of doctor of science and five that
of doctor OF philosophy. The degrees
were conferred by President Lebaron r.
Briggs. Lucy Ward Stebbins. dean Of
women at the University of California,
was the commencement speaker.
The New York herald., 1921-06-23

Regarding those missing ships, isn't
1t possible that their masters all went
mad thinking on the Einsteiu theory
or the hunter and squirrel problem?
The New York herald., 1921-06-23

other People Have Had the Same Trouble.
carson correspondence BlgikcviRs (Ark)
Herald.
Mr.. Flanagan s having somo trouble
with his bees They viii settle in tho
wrong placs-
The New York herald., 1921-06-23

The Associated Press IL exclusively entitled
TO the use for republication OF all news des-
patches credited 10 Il or not otherwise
credited In this. paper, and also the loca!
news published herein.
Al rights ., republication ~ special des-
patches herein are also reserved.
The New York herald., 1921-06-23

The polo cup comes home, and may
the rich, red sarsaparilla sparkle as It
lashes the silver sidesl
The New York herald., 1921-06-23
CORNELL GRADUATES 7es.

ITHACA June 23.-Cornell University's
fifty-third annual commencement exer-
cises were held this morning. Diplomas
were issued to a graduating class num-
bering 7Gl men and women. The COM
mencement address was delivered by
Acting President A. w. Smith. Follow
ing the university custom for the last
fifty years no honorary degrees were
conferred.
The New York herald., 1921-06-23
Lowell welcomes Angel.

In the address of welcome by other
institutions Of learning. delivered by
President Lowell Of Harvard, he paid
tribute to the scholarship. brilliancc and
The New York herald., 1921-06-23

Highest temperature, %, at 2:45 p. M.
Lowest temperature, 60, at $3.50 A. NJ.
Average temperature, 81.
The New York herald., 1921-06-23
Admiral Sims Comes Home.

THURSDAY. JUNE ss, 1891.
The New York herald., 1921-06-23
LOCAL WEATHER RECORDS.

TIC telIlICfdturo IN THIS CIT
recorded by the official Il
The New York herald., 1921-06-23
La Guardia's War Chest.

BosroN. Mass. June 2i.
Evening star., 1921-09-26
DAIRY MARKETS.

BALTIMORE. September 26 (Spe-
ciaD alive. young. pound.
2Sa29: white leghorns. 25a27: old hens.
24a30; old roosters, 16a17: ducks. Goa
IS: pigeons. pair. IS: guinea fowl,
each, 40a60.
Eggs 0oss off)-Native and nearby.
firsts. dozen. 40a41: southern. 3s.
Butter-Creamery,f fancy, pound. Asa
46, prints.46a4S; nearby creamery. Il
a42: ladies. 30a32: rolls. 2sa30; store
pack, 24a25; dairy prints. 2saSo; proc
ess butter, 33a34.
unchanged; creamery extras. 43:
standards. 81; firsts, 33lsa41: seconds.
30a311a.
Eggs-higher: receipts. $3.50 cases:
f1rsts. 37a3S: ordinary firsts, 3la32:
miscellaneous. 34a36.
Poultry-Alive. higher; fowls. Isa27;
springs, 211a.
NEW YORK, September 26.-Butter
-Firmer; receipts, 5.74s packages:
creamery. higher than extras, 44Iz a45 !:
creamery extras (92 score), 43E a44;
creamery. firsts (SS to 81 score), 36a
43; packing stock, current make, No
2, q.
Eggs-Irregular; receipts 5,sS5
cases; fresh gathered, extra firsts
4Sa51; fresh gathered, firsts. 42a46:
nearby hennery, whites, extra fancy
selections. so; nearby and nearby
western hennery whites, firsts to
average extras, 60a75: nearby and
nearby western hennery browns. ex-
tras, 5oa60; nearby gathered browns
and mixed colors, firsts to extras, 44a
55; refrigerator. special marks, 37a
3S: firsts, "a y a36.
Cheese-Irregular; receipts. 1907
boxes: state. whole milk. fats. fresh.
specials. 22a22h; do, average run.
p u; state, whole milk, twins, Spe-
cials. 22a22l2 do, average run. ala
2lk. -
Evening star., 1921-09-26
Business Notes.

PITTSBURGH. September 90 (Spe-
ciaD.-The signing of a wage scale
to extend for two years. by the rep
resentatives of the carpenters and the
building contractors last week. Is re-
garded here as one of the greatest
strides toward normal conditions in
this section which has been taken
since the wage dispute arose. Under
the agreement, the craftsmen will re-
ceive 81 an hour, a reduction Of 25
cents.
AS one of the results of the ad-
justment, the board of education has
let contracts for three new school
buildings and il is believed the break
in the deadlock between the con-
tractors and the building trades will
start a flood of home building.
COMMERCE. Tex. September &c
Especially Farming and business op-
erations in East Texas are rapidly
approaching normal. Farmers in the
rich agricultural belt. of which this
is the center, are selling the bulk
of their cotton as it is ginned and
are not holding for prices to fiuctuate
upward. AS result, merchants
especially those dealing in foodstuffs
are enjoying a rapidly increasing
!: trade.
SEATTLE, September 26 Especially
The grain situation in the orient is
being closely watched by growers
dealers and shipping men here. Pri.
vate cables indicate supplies of wheat
and rye in China, Japan and Man
churia are lower than anticipated
and it is hoped this will lead to heavy
purchasing of supplies on the Pacific
coast. This. it is felt, however. is de-
pendent to large extent on the price
of silver, which is up at present, and
it's effect on the exchange situation
Evening star., 1921-09-26

have been made by the workers. Re-
cent rains have done little damage In
the raisin and prune districts. but they
have stimulated buying and strength
ened prices. Payments to farmers for
their crops have improved conditions
throughout the state and benehted
both wholesale and retail trade.
Building is slowly. reyiving and prom
ise of lower prices for materials IN
the face of increased demand Will
stimulate the revival. Money Is gen
orally easier and loans for building
or home purchase are readily obtain
able.
Potatoes have had a rapid advance
due to a general shortage. The Cali
fornia crop, now being marketed, u
spotty in character. The onion crop
has been practically all marketed al
high prices
Evening star., 1921-09-26
Grain, Produce and Live Stock
GRAIN AND PROVISIONS.

BALTIMORE. September 26 (Spe-
ciaD $50 lbs, s25
a4.oo; 100 lbs. 25oa2.75; Nos and 3,
75a1.50: sweets and yams, bu., oOa
1.25; beans. bu., 60a1.00: beets, bunch,
2a3; brocali. bu.. 20a25; cabbage,
head. 5as: carrots, bunch. 3a3 u +;
cauliflower. bbl.. 3.o0a5.00: celery, doz.,
35a75; crate. 2.00a6.0o.
Corn -Doz.. 15a3o; cucumbers,
basket, I25a2.25; eggplants, basket,
20a25; lettuce, bu.. 75aI.50: lima beans,
bu., i.50al.75: onions. 100 lbs, 2.O0a
100; peppers. basket, 20a4o; pump
kins, each, 5a10: squash, basket, 25a
80: tomatoes, basket, 40a55; bu., 75a
LOS.
Apples-Packed. bbl., 5.00al0 100: bu..
1.50a3.25; loose, bbL, 3.00a5.00; 100
lbs. 2.5oas.oo: crab apples. bu.. s.5oa
400: cantaloupes, crate, 1.50a3.50;
damsons. basket, 6oa75.
Grapes-Basket. 2Sa3o; 20 lbs, Lisa
1.25; pears. bu.. 2.00a4.00; plum. and
prunes. bu.. 3.00a4.00; ounces, bu..
1.50a2.75.
Selling Price. at Noon.
Wheat-No. red winter. spot, no
quotation; No. 2 red winter, spot.
l.32: No. 2 red winter. garlicky. spot.
l.21 u.
September wheat. 1.21z per bu /:
October wheat, 1.22.
Sales-Bag lots. of nearby sample,
LOS and 1.10 per bu.
Corn-Cob. new. yellow. $50 per
ooi.' IN car lots; contract corn. spot.
62h track corn. yellow. No. or bet
ter, domestic. II. No sales.
oats-No. 2 white, new. 4sa4sk
NO. white, new, rs to weight, 45k a
Rye-Bag lots of nearby rye. as to
quality. 90a1.00 per bu.: No. west
ern export. spet, 1.091s per bu.; No.
3, no quotation.
Hay-Receipts of new hay today
were 21 tons.
The demand is fair for good quality
OF timothy and light mixed hay at
has to be sold for whatever it will
bring.
Straw-No. straight rye. NOM
inal; No. straight rye, nominal; No.
l wheat. 1900; No. I oats, 14.5Oal5. 90.
CHICAGO. September 26-wheat
prices showed a downward tendency
today. Influenced more or less by ap-
parent Likelihood of a liberal in
crease OF the visible supply total and
by seeming absence Of export demand.
Some notice was taken, too. of d new
low record price for German marks.
Houses with northwestern connec-
tons led the selling. Initial quota
tions. which varied from Il decline
to a like advance. with December
l.25&a1.26A and May 1SOa130L,
were followed by moderate settacks
all around.
Corn and oats held relatively
steady Assertions that corn acre
age had been greatly overestima ed
was something of a factor on the bull
side. Corn after opening 4 lower
to haA higher including Decem-
Der at 52A. held at about the initial
range.
Oats started unchanged to u off,
December. 37&a37B. and then hard
ened a little.
Downturns in the value of hogs
weakened provisions
Subsequently bullish wheat crop
estimates from Canada were received,
but they failed to have much effect.
Prices closed unsettled, 1a24 net
lower, with December I241sa124A,
and May 1.2Ska1.2S%
Later the corn market sagged with
wheat. The close was nervous, ka&
to IA net lower; December, 5l%
Evening star., 1921-09-26
BY EDISON b. SMITH.
Special Correspondence of The Star.

Special Correspondence Of The Star.
BOSTON, September 26.-Bankers
here are convinced that the long de-
cline in commodity prices has ended
and that the tide has turned upward.
The industrial situation in New Eng
land is improving slowly and steadily
1t is noteworthy that the two great
basic commodities which have their
principal United States markets here,
leather and wool, have both been de-
cidedly more active and firm in the
last week. The shoe business Is
spotty, but generally more active.
with the big companies specializing
in low-grade shoes running nearly at
capacity. while makers of the finer
grades are working about half time.
The wooler mills are buying the
raw product freely and running close
to capacity. 1t is estimated that do
mestic wool consumption today is
about normal. Improvement In cot
ton manufacturing is steady.
On the other side of the picture, the
Evening star., 1921-09-26
STOCKS ARE SLOW
PRICES IRREGULAR
SteeIs and Coppers Display
Best Strength Mexican
Petroleum Soft.
BY STUART p. WEST.

WALL STREET. New York, Sep
tember 26.lThe main points of in
I terest in today's financial situation
were the renewal Of the active de-
mand for investment bonds and stocks
further proof in the publication of ad-
ditional traffic statements that Au-
gust was still better month for the
railroads than had been anticipa ted
ana another violent break to new low
levels in German marks. 1t was not
apparent that the fresh selling move
ment in German exchange was hav-
ing much influence upon the other
markets, although it rendered more
than ever acute the question of Ger
manys ability to pay the next install
ment of the reparations money in
cash.
In the early hours. Pullman, Har-
Vester, Sears Roebuck. and Su-
matra Tobacco were soft. and United
States Rubber Joined the list. Pull
mans earnings. short of the dividend
requirements. was responsible for the
downturn. The declines extended
from to 3 points.
During this weak spell. most of the
coppers and steel shares yielded frac-
tlonaiiy. but presented rather firm
'front.' to any bear attempts.
All railroad reports showed en-
couragingly. but these reports are
recognized by the street as showing
net and a surplus acquired at the
expense of eventual heavy expendi-
lures for depreciation and mainte-
nance, which the roads are and have
been neglecting for some years in
order to make the best of their i'm
poverished condition
Therefore the reports by Pennsyl-
Vania' baltimore and Ohio and other
ri NOT
lhigh-grade stocks of the rail group.
Low grades were firmer.
Call money opened at 5 per cent
Gains in Strength.
Midway in the second hour of the
! morning the coppers displayed con-
siderable strength, Chino setting the
pace. In Utah. Anaconda and Ray
Consolidated there was more activity
than In some time past. Buying of
the copperS was not based on any
fresh trade news. but rather was
response to the widespread recon-
mendation from brokerage houses to
go into these stocks for a long pull
Nearly all commission house letters
that are bullish on the market at all have
the coppers on their list. The corner
in the copper industry was evidently
turned early in the month. and the
subsequent rise Of three-quarters to a
cent in the pound is the first reflection
of the rapid diminution of the surplus
which is going on as the result of the
greatly curtailed output and increase
in foreign buying. especially buying
for German account.
Steel, favorite pace maker. moved
up point, but general trading was
again slow after the noon hour, shift
ing to specialties, corn products, dry
goods and ice, which advanced to .
| points
Leaders were somewhat irregular
in the second hour of the afternoon
following the break in Mexican Pc
troleum.
Evening star., 1921-09-26
OCCUPY new BUILDING.
New Orleans Cotton Brokers Open
New Quarters,

NEW ORLEANS. September 2e-
Before the gong opened business to-
day. members of the New Orleans
Cotton Exchange marched to the new
building on Gravier street, on the site
OF the old exchange. Trading was
formally opened there.
The new exchange building, six
stories high, of concrete. faced with
stone and decorated with marble,
bronze and mahogany inside. repre-
sents, together with the ground on
winch 1t stands. an investment of
more than s1.500,00O
The new building is directly oppo-
site from the building in Varieties
alley, where future trading was first
introduced into the south about half
a century ago. Originally nearly all
or the business in cotton was done
on the levees. where the staple came
in by river fiatboats and left the
port in sailing vessls