davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-09-26
Bank Rate Technique.

Since the original reduction in dis
count rates last April from to 6
per cent. by the Federal Reserve
Bank of Boston the court OF COVER
nors OF the, Bank of England has
been punctilious in altering the dis
count level OF that institution to con-
form with the downward movement
OF interest rates in this country. But
the governors did not see fit to re-
duce the English bank rate last
week from 51a to s per cent, al
though the Reserve banks of Boston
and New York adopted the lower
figure. For the first time in many
months the English bank rate was
above our discount level.
In the foreign exchange market
this disparity in discount rates be-
tween England and the United
States would have been an impor-
tant factor before the war, because
funds would Immediately have been
concentrated In London to take al.
vantage Of the higher interest level.
A consequent rise would have come
in English exchange. But the Eng
lish bank rate has lost its efficacy
as an exchange regulator or as a
magnet to draw foreign cash. This,
1t may be added is true not only Of
the long dominant English bank rate
but of all bank rates.
Until the enormous Government
borrowings from central banks in the
various countries are cut down bank
rates will remain chiefly useful in
the regulation of domestic credits.
There are as many theories and
shades of opinion on how to use the
bank rate for this purpose as there
are central banks. In England, as
here, the remedy for trade depres-
sion has been to stimulate activity
by providing plenty OF money. Con-
versely, overborrowing was checked
by raising interest rates. In recent
months the Bank Of England has
taken some part in this regulation,
but the banks have made the cheap
money policy still further effective
by lowering their deposit and lend
ing rates.
In some other countries the oppo.
site course has been pursued. In
none, however, has q greater meas
ure Of success been attained than in
England, as the following table
shows:
Gold value
The New York herald., 1921-09-26
More Power TO the Governor.

Governor MILLER sidesteps no re-
sponsibility that belongs to him and
is willing to shoulder others with
which the Chief Executive at Albany
is not yet charged. He tells the peo-
pie of New York they should not toll
crate any more so-called constitu-
tional Offices and departments In the
State Government but should get rid
OF some. and he Is right.
A constitutional department or Of
fee Is one which even in the most
crucial public situations is above the
authority OF the Chief Executive
whom the voters have elected to get
things done for them. 1t is for the
most part similarly above the author
ity OF the Legislature.
How could a business manager,
however high his purpose and great
his ability, make success of manag-
ing a railroad for its stockholders, or
steel plant, or textile industry, or
coal mine If he could not put efil-
cient workers in the place OF ineffi-
cient workers, could not change poor
policies for good policies, could not
lop off expenses where they needed to
be Topped OFF. could not wipe out a
whole department IL It's work could
be done better by another depart
ment? What competent business
manager, in fact, would take job
like that from the board of directors
or from the stockholders of a private
corporation without the power or the
chance to do anything worth while
for those who engaged him?
The Governor OF New York is the
manager Of the business affairs OF
this State, picked by it's millions OF
voting stockholders to administer the
great institution for them. He ought
to have full control over every ad-
ministrative department in the State
Government. He ought to have the
right to pick his own assistant man
ayers anywhere and everywhere. He
ought to be able to turn administra-
tive Offices upside down or inside out
II that is what they need to have
done TO them to get quick, cheap and
right results for the public.
Governor MILLER, by force OF his
own capacity, the confidence OF his
official associates in him and the sup
port OF the public back of him, has
been able to achieve huge savings in
the cost Of State government and to
improve strilSingly the service given
the public. But he could have done
a great deal more il It had not been
for the constitutional Chinese walls
around various State bureaus and
commissions. Nobody, whether a
Governor of lesser dimensions like
some we have had or big timbered
Governor like MILLER, ever can make
Of the Executive Office of the State
of New York first class job, such
as is required OF It's executive head
by Standard Oil or United States
Steel ownership, until it is possible
to handle it like a Standard Oil or
United States Steel job.
The New York herald., 1921-09-26

ton force and Offices the Legislature
made him the allowance OF S91, ,000--
almost ten cents to the acre.
But that was before Pennsylvania
woke up to the situation. The Legis-
lature which ended its session re-
Gently appropriated s1,000,0O0 for Mr..
PINcHoT's department. Pennsylvania
is now fully launched in the work OF
saving and increasing the forests.
incidentally she is in the lumber
business, and that too on a paying
basis.
On total investment of approxi-
mately s5,O00.000 the State is earn
ing fair return. With slight In
crease in the capital 1t is estimated
that in sixty years the revenue will
be upward of s50,000,000 annually.
This is more than enough to take
care of the schools and highways.
The denuded lands, which represent
a State Investment OF S5,000,000, are
now estimated to be worth at least
s20,000,O00.
Fires, the worst Of all forest dan
GERS, have been much restricted.
Railroads have joined hands with
the Forestry Department and have
undertaken to keep bare 100 foot
strip along both sides Of their tracks.
A coal mining company in Cambria
county has planted more than TO-
600 trees. Millions Of these Seeding
trees are being grown on State land
for free distribution. There are
now 1000 State fire fighters and
soon there will be a chain OF steel
fire lookout stations covering the en-
tire State.
In q word, Pennsylvania has
taken up forest conservation in ear
rest. She is not only looking out
for her own timber needs but she
is becoming an impressive object
lesson for the entire country.
The New York herald., 1921-09-26
IN THE WHITE MOUNTAINS.
One Time Governor and Mrs. w. L.
Douglas Arc at Breton Woods.

Special Despatch to THE New YoRK IIEaArp
BRETON WOODS, N. H, Sept. 25.--One
time Governor of Massachusetts ana
Mrs William l. Douglas of Brockline
are at the Mount Washington. Mr.. and
Mrs. De Forest Hulburd and Mr.. Charles
H. Hulburd are there from Chicago. Mr..
and Mrs George H. Webster and Mrs.
William j. Coleman arrived by autos
bile, and also there from New York ara
Messrs Thomas p. Kennedy and John s.
Thompson.
Mr.. and Mrs r. p. Charlton started by
automobile for Manchester en- route to
Boston. They expect to go to Europe
this winter to join their daughter, Miss
Virginia Charlton. who Is making a tour
of the world in company with Miss
Kathleen Phillips. schoolmate, and Miss
Sherwood of Bennets School at Mill
brook Miss Ruth Scnoellkopf Of Buffalo
has gone to meet them for a three months
trip in the Orient.
Mrs John r. Wilkins of Washington
win spend tomorrow In New York en-
route home from the Mount Washington.
Mr.. and Mrs. Philip Livingston, who
have been at their place Rocklyn at Bar
Harbor, are expected at the Mount Wash.
ington to spend several days. and from
there will go to the Berkshires before
returning to New York.
The New York herald., 1921-09-26

ATLANTIC CITY. Sept. 25.--The solu-
tfon OF all racial and Industrial prob
lens ultimately Will be found only In
the application of principles OF the
Sermon on the Mount and the Golden
Rule. II was expressed and reiterated at
the closing OF the annual session Of the
international committee of the Y. NJ. G..
A. at Haddon Hall to-day.
Or. @. A. Johnston Ross. OF Union
Theological Seminary. who conducted
the Sunday morning service, laid stress
upon the application Of the Golden Rule
in everyday affairs. Unless this rule
Is adopted as the standard of humane
and national conduct. DIR. Ross said.
civilization as now known will perish
from the earth within the next flfty or
hundred years. He explained as long
as material ideas continue TO dominate
the world, mankind would continue TO
construct engines of war. each more
deadly than that which preceded 1t until
the greater part of the population of the
world would be killed off.
DIR. Ross declared that the forthcom-
ing conference on limitation of arma-
ment was ip reality conference on
racial probleihs and expressed the hope
that its result would Justify the substi-
tuition Of conference table for the bat
tlefield.
The Golden Rule idea and the impor-
tance Of greater spiritual endeavor also
were emphasized at the "cal1 of the
nations and peoples" In the afternoon.
Y. NJ. G. A. men from all over the world
told OF the increased interest IN the
spiritual things which have developed
since the war. Dir. Kari Fries of
Geneva told Of the progress which the
''Y" is making in Europe. DR.. $. A.
Data OF Calcutta spoke on a similar
vein and Noises Sanz reported great
prorress in Mexico.
Major r. NJ. Motion, head OF the Tus-
kegee institute. emphasized the impor-
tance Of the Golden Rule in all efforts
toward the solution of the race problem
In America. He said:
''You cannot establish and maintain
harmony between races by passing laws.
1t is only by exemplifcation Of the
spirit Of the Golden Rule, by the exer-
else of q mutual effort toward tolerance
and helpfulness, that this problem can
be solved"
The New York herald., 1921-09-26
Vote Against Yerba Mate.
The Great Majority Prefer Tea OF
Coffee as n Beverage.


To THE NEW York HERALD It Is not
because / happen to be In the coffee
and tea trade that am opposed to this
yerba mate. i have tried the stun.
fairly and squarely. twice. half cup
full each time, and made just as friend
Of mine told me 1t should be made. It
is insipid stuff. When Russia and Eng
land and China are satisfied with Orien-
tai tea I think tho preference OF those
600. .0o0,0 900 people ought to count as
somewhat conclusive. And when the
United States and the three Scandina-
Wan countries and Turkey and Mexico.
n grand total of about 140.00o.000 peo-
ple. prefer coffee j assume that Is in
dorsement enough for any sane person.
Consider the numerical backing Of
yerba mate. II is grown chiefly In Para
quay, a little inland republic in the mid
die OF South America, 1000 miles from
the ocean and In area only twice as big
as New York State. and with only S00.-
600 people. Round about this yerba
mate republic are Brazil with 24,500,-
GOO people. Uruguay with 100000, Ar
eentina with 100000 and Chile with
5000, 900. All told the ycrba mate dis
tribution covers an area only about
twice that of the United States and all
OF II down south OF the equator and
populated by only 4o.o00.o00 people, and
only 100000 OF those people actually
drink yerba mate.
MAcRAr JAMES CABLE.
BAYsrpE, September "a.
The New York herald., 1921-09-26
DINNER FOR YOUNGER
SET AT HOT SPRINGS
M. u. Peterson and II. n.
Sin1n7s Entertain.

Special Despatch to THE NEW YoxK HERALD.
Hot SPRINGS, Va, Sept. 25.-Messrs.
Maurice d. Peterson and Fl. III. Simms OF
the British Embassy. gave q dinner last
night In the Homestead. The guests In
cluded Mrs. William J. Gray, Jr., OF De-
troit; Misses Jane Gourd of New York,
Ailsa Mellon Margaret and Mercer Dun
lop OF Washington and Craigie Mckay
OF Pittsburgh; Messrs. A. Bradley Camp
Deli OF Washington. John Hemphlll Of
Sew York, Henry O. Rea OF Pittsburgh,
Harry II. Ward of Boston and Buford
Scott OF Richmond
Mr.. and Mrs. Philip Kip Rhinelander
and Mr.. Henry Coleman Drayton have
arrived from Tuxedo Park for the tennis
and golf tournaments. Mrs. Rhinelander
was the winner In last years golf tour
nament for women on the Homestead
course. Other arrivals include Mr.. and
Mrs. Bedel. IT. Harmed and Mr.. Baisley
z. Elcbash, who were In Breton Woods
for the summer; Mr.. and Mrs. Harry
Bowers Mingle, Mrs. WILDER A.. Blood
good and Miss Rosalie Bloodgood. Mrs.
William L. Hardness, Miss Louise Hark-
ness, Mrs. William H. Drayton and Mrs.
Stewart Waller.
Mrs. Henry Eugene Gourd has re-
turned from a visit with her daughter,
Mrs. Louis J. de G. de Milhau, in Locust
Valley, and has rejoined her daughters.
the Misses Ivonne, Gabrielle and Jane
Gourd, at the White cottage.
Mr.. and Mrs. George Howard War
r.ngton have closed their cottage and
returned to Cincinnati.
Mr.. and Mrs. Henry L. Hening and
Mr. and Mrs. William II. Chappell of
New York drove yesterday to Valley
View for luncheon. Mr.. and Mrs. Heming
started for New York to-day.
Mr.. and Mrs. Frederick S. Fish and
Mr. and Mrs. William A. Wiederseim I'd
rc,o n~r'ved sro~, r'',iladNlrhia: Mr.
and Mrs E. Preston Schroycr from So
wlcu.., Pa, and Mr.. and Mrs. /. ).
-iorris from Berwln, Pa.
Mr.. and Mrs. Walter e. McCorklc
have returned to New York. Miss Ger
trude Gilbert started for Philadelphia
and Mrs. Edmund Rhee for Washing
ton.
The New York herald., 1921-09-26
World Series Prices.
An Old Follower of Baseball Sees
Harm to the Game in High Rates.


To THE NEW YORK HERALD: see
that the prices for grand stand seats
are $3.50 and $3.50 for the world series
AS q follower OF baseball ever since the
days when Charlie Byrne owned the
Brooklyns and John 3. Day owned the
Giants ! take this means of fling a
protest against the greed that threatens
20 ruin the game. It seems to me that
everybody who loves baseball should file
similar protest. as the game Is in
positive danger from the overpaid play
crs and more especially from the greed
of certain of the owners and Of the Ma
tional Commission.
My memory goes back to the days
when the greatest batting team in the
history Of the game for the past thirty
nve years-the Detroits OF 1S87--went
around to different cities playing a
world series of fifteen games with the
st. Louis American Association team,
and they were glad to get the regular
price OF admission. This makes me
wonder why the present commission and
club owners charge five and six times
those prices to see, perhaps. inferior
teams play worlds championship.
WALLACE s. OLNEy.
LARcHMoNT, September "a.
The New York herald., 1921-09-26
They That Like Their Earth Flat.

The dictum OF the Overseer OF
Zion, Mr.. VoLIvA, that the earth is
fiat is but the recurrent echo of a
belief that has more followers than
it is pleasant to think of.
In his first lesson in geography the
schoolboy learns that the earth is
round like ball or an orange" So
far as his school course is concerned
his conception of round world be-
gins and ends with that statement.
The world which he sees about him
is fat and the maps which he sees
throughout the rest OF his life are
fat. Even the land laws which de-
clare that township OF public land
shall be six miles square and bounded
east and west by meridians Of longi-
tude imply a fiat earth. Perhaps II
a globe or miniature earth were used
in the first lessons in geography
pupils might be trained to think in
terms OF q spherical earth instead
OF the span which to the vision is
always fat.
Belief in q fat earth, however, is
not confined to pre-Columbian times.
1t exists widely to-day. Several
years ago professional man whose
business placed him in contact with
people ~ every sort made the ques.
tion Of the earth's shape part OF a
psychological test. In the land where
everywhere Is cast the shadow of
public school he found a surprisingly
large number OF persons who pro-
fessed belief In fiat earth. In com.
paratively few cases the opinion was
positive: in the minds Of an over
whelming majority It was merely a
vague notion for which neither rea-
son no. argument could be given.
In other words. these we're cases OF
stagnant mind-all in the same class
with those who had learned to read
and, for want Of exercise, had for
gotten how.
The stagnant mind usually is more
or less receptive. Unfortunately,
however, 1t Is an easy prey to the
wiles OF professional agitators and
The New York herald., 1921-09-26

the abstract theory Of stresses, and they
had no such formula as are at the call
of any college student to-day.
The bishop of those days was more
often than not the Architect of his own
In the cathedrals as they stand to-day
that his work, at least in the earlier
stages of the development OF the Gothic
art. was experimental. He built mas
sive vaulted roof uSon relatively slender
piers and made a guess at the neces-
sary diameter Of piers. thickness OF
walls and so forth to hold his vault In
place. IL there we're just enough ma
terial used and 1t were Of fairly good
quality the work stood.
If there were two or three times as
much material as was necessary-and
this, we have evidence, not infrequently
happened--the work stood and all was
well; but IL the piers were too small
II diameter. their walls too thin or the
rubble work constituting the core OF the
masonry was too poor In quality, down
came the whole structure and the good
bishop set about rebuilding. prolting by
the costly lesson he had learned.
most frequent cause OF trouble was
the great tower which was so much ia
vored at the intersection OF nave and
transept. II there was to be an un,n-
terrupted view throughout tho full length
OF nave and choir or from transept wall
to transept wall II became necessary to
place great arches as tall as the roofs
OF the cathedral themselves at the inter-
section OF nave and transept. Now this
meant OF course. the cutting OF huge
gaps In the walls OF the tower, concen.
trating the weight Of the upper stages
Of the tower, which would run I'D to
1000 or 5000 tons. upon the four piers.
That was a serious problem in Itself:
but worse than that. the effect OF the
huge tower load upon these arches was
to produce heavy lateral thrust, which
had to be absorbed by the adjoining
walls OF nave and transept.
And what trouble they hadi Piers
would begin to buckle and would be
hastily reinforced by adding to their
thickness; arches would spread, causing
great rents at the crown or thrusting
the adjoining pier arcades out OF the
vertical. To remedy this and prevent
disaster the builders, as at Gloucester
Cathedral. would carry buttresses right
down the side walls, cutting diagonally
across the aisle and transept windows
until they could transfer the load to
some outlying buttress or suitable mass
of masonry. To the engineer and archi-
tect by no means the least attraction
OF tho wonderful cathedrals OF Franco
and England are the failures with which
they were threatened and the clever ex-
p< tents by which the emergencies wore
met.
Steel for construction was unknown
In those days and iron was very very
scarce. Had they possessed these mate
rails and our twentieth century knowl-
edge Of engineering. what stupendous
buildings those priestly architects would
have produced. particularly In northern
France. where at Amlens the crown Of
the vault is over 40 feet above the
floor or the cathedral. and at Beauvais.
where in the effort to outdo st. Peters.
Rome. the French carried their roof to
an intc-:~. height OF 156 fcec--and all
of this. mark you, in stone.
The New York herald., 1921-09-26
ARRIVALS At NEW LONDON.

Special Despatch to THE NEw York HrRMp.
NEW LONDON, Conn.,. Sept. 25.--Miss
Elizabeth Larzen Of this city. who Is, a
graduate of vassar. left yesterday Ar
Paris, France, where she will attend tho
Sorbonne, having been awarded fell
lowshlp at college,
Arrivals at the Mohican Hotel from
New York include Mr.. and Mrs. Nestor
Kaufman, Mr.. and Mrs. Gerald Burden.
william TX. Lowdham. Mr.. and Mrs. w.
Washburn, Wilbur Washburn. Jr.. Mr..
and Mrs Il. Bicknell. Mr.. and Mrs G. X.
Button, Mr.. and Mrs. II. $. Burns. Mr..
and Mrs. G. NJ. Edgett. u. s. Deusc Dell
phine M. Deuce. Mr.. and Mrs. y. X.
Oppenzellar. Mr.. and Mrs. j. r. Mall
colin, Mr.. and Mrs. c. Sceman, G. Sec
man, Jr., Mrs. A. NJ. Gallandr- Miss
Bertha Galland. Mr.. and Mrs. III. c.
Evans and w. A. Mobile.
From other cities II. J. Regan, Far
Roclsaway Howard b. Mcdonald. Yon-
kers Mr.. and Mrs w. w. Beck. Port
land. Me. Edgar G. West. Jr., phiadel-
phla: Alr and Mrs. A. s. Brook, Mr..
AM: Mr.. r.. Bowyer. Mr.. and Mrs. w.
c. Sills. H. r. J. Bnrnshaw. Boston; J.
~. du Pont, Watch Hill Mr.. and Mrs.
Edward v. Lahey, New Bedford Mr..
and Mrs a. Hacindum. Miss Josephine
Van Cleve, Paterson; Mr.. and Mrs. A.
w. JoliIe. Mr. and Mrs. II. a. ARM
strong. Pawtucket; Mr.. and Mrs. r.. w.
TIugel. st. Louis; wilfred G.. Howe,
Worcester; Mr.. and Mrs. j. G. Andre
Gen, IL. u. Towlc. John Andersen. Larch-
mont Mr.. and Mrs. l.. A. Watrcs. Mrs.
Henry J. Carr. Scranton A. NJ. Hem
shaw, J. ". May. Jr., Harry Q. May.
Summit, N. j.: Mr. and Mrs. T.. M.
Perry. Mr.. and Mrs. ]. +. TilforJ Mount
Vernon G. u. Mellor, Syracuse.
The New York herald., 1921-09-26

Second International Congress- OF Eugenlcs.
meetings, American Museum OF Natural HIS
tory. Seventy seventh street and Central Park
West, beginning IL A. M.
Memorial service For the late Rev. Arthur
Letellier, st. Jean Baptiste's Church, LexinE-
tor avenue and Seyenty-sixth street, a. M.
New York Employing Printers Association.
dinner, Hotel Astor. Z r. NJ
Democratic State Committee, convention,
Hotel Commodore beginning at noon.
Fostermother5 Association OF America,
meeting, Hotel Astor. 2 y. NJ
Independent Order Daughters Of st. George.
meeting of grand lodge. Park Avenue Hotel.
$3.50 p. M.
Eastern Automotive Equipment Associa-
tion. meeting. Hotel Astor, i p. NJ.
Woodside Community Council. carnival and
old home week. Belts, Greenroint and Wood
side avenues. Woodside. l.. l.. beginning to-
day.
The New York herald., 1921-09-26
Arizona Answers Harrison.

TO THE NEw YORK HERALD: The re-
suits in New Mexico, where they have
Just elected a Republican United States
Senator by an overwhelming majority.
should 60 long way toward silencing
the criticisms OF such men as Senator
Fat Harrison ~ Mississippi feel very
strongly that the Harding Admlnistrn-
tion Is making good, and believe that
the great questions up for consideration
now will be solved intelIlgently and TO
the best interest Of all parties involved.
w. REGINALD BAKER.
NEWARK, N. j.. September "a.
The New York herald., 1921-09-26
Pennsylvania Forestry Work.

Had every State in the Union a
Clifford Pinchot, as Pennsylvania has:
had every State in the Union an
ava ned public sentiment and a
public intelligence educated In forest
conservation, as Pennsylvania has,
then by 1850 or thereabout the ma
tions increased wealth in timber
alone would probably be almost
enough to pay Off the national debt.
Surely IL is worth while to take
note OF this fact; worth while to take
note OF Pennsylvania methods and
their results. From one OF the great
est lumber exporting States. Penn
sylvania in 1907 became a lumber inn
porter. Her lumber freight bills
even now are s3O,O00.O00 a year. In
1899 tho Keystone States lumber
output was 2,3O0,000,000 board feet.
In 1919 1t was 500 100000 board feet.
In twenty years fires and waste had
reduced the output OF one OF tho
States most valuable resources oy
1,S00,000,000 units. At that rate less
than a decade would have wiped it
out altogether.
But in 1919 GIEroRp PrvcHor was
placed at the head Of the State For.
estry Department. More than O.
million acres OF what a few years
hafora had hpan heavily foreatnd
lands and were then a devastated,
fire scorched waste were placed IN
der his jurisdiction. 70 replant thia
area and to maintain his administra-
The New York herald., 1921-09-26

so becomes saturated with their in
tellectual debauchery. Human freaks
who preach everything subyersive to
society find their recruits among peo-
pie OF this class. Ii education is
anything more than a preparation
for surinounting examination tests
It means the training OF the human
mind to stage where slump into
stagnation Is not likely to occur.
And when this is accomplished char
iatanry Will have lost its sting.
Meanwhile Mayor HYLAN win con-
tinue to issue proclamations.