davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1921-04-16
JUDGE GARY MAY
EXPLAIN PRICE CUTS

Ebert II. Gary, chairman of
the United States Steel Corpora
tion, will make an address to
stockholders at the annual meet
ing in Hoboken, N. j.. on Mon
day
Since announcing the reduc-
tion in steel prices Judge Gary
has retained strict reticence on
conditions in the steel industry
and business in general. follow
ing his return from the West.
In his remarks to stockholders
the judge Is expected to express
his opinion on the economic out
look and to explain how the re-
cent price cuts were brought
about. Whether or not he will
have anything to say on the ques-
tion of wages is not certain.
The Washington times., 1921-04-16
Steel Prices Expected
To Stabilize Business

Business during the week has been Irregular with more or
less equal distribution of good and conditions Continued
cold weather was responsible for low grain prices hurting fruit
and vegetables and readng buying of spring goods Labor dis
putcs both here and abroad, affecting
On the other hand the price reductions announced by the
Steel Corporation expected to have sabizng effect
the steel industry and business in general evidenced last
week by the reduction of warehouse prices for steel by the
poraon and the later advance of mill prices by leading in
dependents. r.
The lowering of the redscount rate per cent by the Bos
ton Reserve Bank and definite improvement in the hide
and allied lines also help to make brighter picture There
have been substantial advances in certain varieties of hides but
there is still weakness in leather prices
The Washington times., 1921-04-16
FINANCE
- AND

BY B. c. FORBES.

Don't rush to the conclusion that
because the Railroad Labor Board
has abrogated the much scussed
national agreement all differences
betwcen the roads and the unions
over working conditions have been
settled. They haven't.
Settlement has simply been put
up to each Individual road. 1t isn't
often that a decision Is hailed by both
sides as great victory. Yet 'the
rail workers of the nation have won
a great victory" is the declaration
Of Mr.. Jewell. the mems spokesman.
and Mr.. De Witt cuylsr. the roads
spokesman, likewise regards 1t as q
triumph for them. In the end, all
will depend upon what the outcome
is when new agreements come to tie
drawn up between each road and its
workers.
THE BRITISH SITUATION.
In this column .the prediction was
made recently that the threatened
labor crisis in Britain would not end
in a cataclysm becau3e the majority
OF the rank and file OF British work
men were less full ofnght than their
leaders.
Labor has had its inning in every
country. From now on IL must expect
to bear its share of the inevitable re-
adjustment from the inflated condi-
tions created by the war to peace con-
ditions.
would like to venture this other
prediction: There Will be no ma
tional strike Of railway workers In
this country over the new working
conditions about to be imposed or
over the wage reductions that are
bound to come: nor will steel workers
attempt q general strike when the
United States Steel Corporation low
crs its wage schedules. perhaps .
month or more from now.
Gold Is pouring into this country
at the rate Of about one million and
a half dollars q day. More of 1t is
coming from Russia than Is generally
supposed.
The Soviets are working the mints
Of certain adjoining countries over
time remelting Russian gold and Civ
ing II . new stamp, Britain 10 gettinR g
even more of Russia's yellow stock
than we are.
Incidentally. / hear that arrange
ments are actively under way to IN
crease trade between this country and
Russia.
The Washington times., 1921-04-16
B. & O. Files Rental Plea.

The Baltimore and Ohio Railroad
Company today applied TO the In
terstatc Commerce Commission for
authority to assume rental payments
amounting to s675,0o0 under an
equipment cost agreement between
the New England Fuel and Trans
portation Company. the Bethlehem
steel Company, and the Bankers'
Trust Company.
The Washington times., 1921-04-16
Office of the
lAHSroN MoReTYPE MACHINE COMPANY
PHILADELPHIA, April nth. lssi.

PHILADELPHIA. April l1th. 1871
The annual meeting of the stockholders
of the LANSTON MONOTYPE MACHINE
COMPANY will be held at the Elks HONG.
Corner Prince and Royal Streets. ,Afexaa-
dria. Va, at twelve o'clock noon, On
Thursday. the 5th day of May, 1921, for the
purpose of transacting such business as
may properly come before IL.
Transfer books will be closed on April
25th at four o'clock j. NJ. and will be
recpened on May 10th at ten o'clock A. 81.
BY order of the Board of Directors
w. ARTHUR SELLMAN. 4
Secretary.
The Washington times., 1921-04-16
Insured investments

Is your house insured against
nre? If you are a home-oWner
YOU have probably looked after
that, but are you sure that you
have not been less orovident In
the matter Of your investments?s
Your Investment in our First
Mortgage Notes is literally insur;
ed against fire, to pegin with.
and 1t is safeguardcd at every
point by the most thorough and
far-reaching financial precautions
The Washington times., 1921-04-16
MORE BUYERS IN DRY GOODS
MARKET.

CHICAGO, April 15.--Marshall Field
e. Co.. In their weekly review of the
wholesale dry goods trade, say:
Current wholesale distribution of
dry-goods was slightly less than last
week.
with a considerably smaller num-
Der of salesmen in their territories,
road sales were somewhat less tnan
last week. although during the latter
The Washington times., 1921-04-16
CADDO OIL.

1t is believed that a pool is operat-
ing in Caddo Oil. Talk has been heard
in Wall street that one of the big
hanks has been making inquiries re-
garding the company's cash position,
end also earnings and development.
Some think that the company may be
seeking a loan. but others point out
that the banks conduct such surveys
fer customers interested in certain
uf one rites
The Washington times., 1921-04-16
BONDS NOT REcoMMENDED.

Mrs. A. NJ, Harvard street
Kindly give your opinion OF Caro-
Has Light and Power Company
per cent gold bonds maturing in
1888. Also OF Charlotte EIeetries
Railway LIGHT and Power per cent
bonds maturing in 1886.
Answer,-The bonds you ask about
are not recommended. The market ID
too narrow.
Put your money in a standard Sc
curity that is listed on the New York
Stock Exchange. and IL you want a
high yielding investment consider the
advantages of the European loans
such as French Republic SIS. Belgiuns
Ss and Denmsrk Ss.
The Washington times., 1921-04-16
Symes Backed for u. 6. lob.

John Foster Symes OF Denver was
recommended to President Harding
today by the Department Of Justice
for appointment as Federal district
attorney for Colorado.
The Washington times., 1921-04-16
Prosperity Returning

part Of the week. they showed a
marked increase.
There were more customers In
the market than last week or a year
aEo.
torily."
The Washington times., 1921-04-16
CANADIAN PACIFIC FINANCING.

A further report on the Canadian
racific's contemplated financing states
,tat the road has already applied for
permission to issue debenture stock.
Although the exact terms are un-
known, it is understood the Offering
will amount to $50, 100000.
The Washington times., 1921-04-16
vunsSss sys1s Myan BUSINESS AND FINANCE
Investors Service


VIII %.d' direct * nail HSsrsin m n '
The Washington times., 1921-04-16
TEXAS PACIFIC COAL AND OIL
A SPECULATION.

Miss NJ. e.. IL street.-Do you
think Texas PaciAc Coal and OIL is
a sound investment? What about
Western PaeiAc Railroad cOmmons
Answer.-We beg to state that
Texas PaciAc Coal and OIL is a specu
lation for a person who is willing
to hold It and pay no serious atten-
tion TO transient market fluctuations,
and there are likely to be many of
them, which might disconcert the
nervous holder.
Western Pacific is a speculation. No
dividends are being paid. The pre-
ferred stock receives 9 per cent and
yields o per cent and is favorsbly
regarded.
The Washington times., 1921-04-16
Wall Street Gossip

made no negotiations have been en-
tered into. The report that the COM
psny is making a good deal of money
is not taken seriously by Wall
Street.
The Washington times., 1921-04-16
NATIONAL CITY PRESIDENCY.

The story printed in large head
lines in newspapers that John Nc.
Hugh. vice president OF the Mechanics
and Metals Bank. Is slated for the
presidency of the National City Bank
did not contain one word Of truth.
No selection. so far a. known, has yet
been made.
There are hints that the Middle
West may be called upon to supply
new presidents for more than one
very large New York bank.
Sir George Paish, the London and
British financial writer. fears that
every country in the continent of
Europe will have to repudiate Its
debts.
When some very important financial
institution Is threatened with disastr-
other banks often get together to
save 1t. Paish believes that the
United States will have to "sit in"
with Britain and other countries to
prevent a worldwide financial cata-
clysm.
The Washington times., 1921-04-16
DIVIDENDS.

watch Tomorrov's Times for an
EAtrserdinary. Dcubic-hsrreiicd An
weuscewest that will Save Nou
Money.
The Washington times., 1921-04-16
THREE BIG COMPANIES.

r. w. D.. r street.-Will you
kindly indicate your opinion Of the
following stocks: American Inter
national Corporation, International
Petroleum. Standard oil of Indianaf
l know. Of course, that standard
The Washington times., 1921-04-16
TRANsCoNTTNENTAL POOL.

The pool operating in Transconti-
mental Oil is putting out rumors that
one of the big oil companies has
been making inquiries looking to-
ward the development of the COM
pany'. South American properties.
While such an inquiry has been
The Washington times., 1921-04-16
PARSONS HEAD wAsH.-vA RwY

Lewis H. Parsons, of Graham, Par
sons & Co., Of Philadelphia, has been
selected as chairman of the board of
the Virginia Railway
Company, in succession to the late
Howard Graham. the election taking
place yesterday.
The Washington times., 1921-04-16

watch Tomorrow's Times for nm
Extraordinary, DoubIe-harreIIed An
souncement that will save You
Money.
The Washington times., 1921-04-16
EUGENE MEYERS sTArEuENr

Eugene Meyer. resuscitator or the
Governments War Finance Corpora
tion. ia at last able to announce one
DEFINITE bit of export fEancins--
S2.0o0.O 900 worth OF cotton to Euroo,
He tells me that more important
irons are now in the fire, and that
while he doesn't expect to set the
world ablaze, he does believe that
really constructive work on a sizable
scale can be accomplished now that
the Washington powers are willing
TO cooperate.
It's needed Our exports threaten to
shrink alarmingly.
president Harding is handling
OF business leaders
The Washington times., 1921-04-16
MIR. DEYBER TO ADDREss CLASS

President Victor B. Deyber, of the
Second National Bank, will address a
meeting Of the elementary class of
Washington Chapter, American Insti-
tute of Banking on Tuesday evening.
according to announcement made to-
day.
The Washington times., 1921-04-16
TREASURY INSTRUMENTATION.

Oversubscriptions to the latest Of
fcring of s15O.O0o.OOO Treasury cer-
tficste issue will arount to about
$40 200. 900, according to the latest
ndvices received at the Treasury De-
partment
The certificates bear 5h per cent
and bankers of the District and
throughout the country believe that
the response shows clearly a sub
stantial Improvement in the general
credit situation.
The Washington times., 1921-04-16
STEEL CORPORATION CASH.

Inc steel corporation mas more
cash and securitics-over S340, 900 ,O0O
than the National City. or any other
ii aancial institution in America. Judge
Gary has been a thrifty manager.
Boston has set New York a good
example by cutting its Federal Re-
serve Bank discount rate from to
10 per cent. Business men should
gitate for similar action here and
elsewhere.
Chicago has two instances of two
brothers occupying topnotch positions
in the banking world. George NJ.
Reynolds and Arthur Reynolds. chair
man and president. respectively, Of
Chicsgo's largest national bank. and
James B. and David r. Forgan. each
of whom is head of an important ma
tional bank. New York cannot mat cn
this.
In both instances the older brother
| is jettisonine responsibilities and the
younger brother coming more pr ,m-
inently to the front.
David r. Forgan, is not. like mos
people today, wearing blue glasses
He says:
AT such a time as this there are
always pessimists who cannot see
what Is ever going to happen to cause
a recovery. but in a long experience
have never found that the pessi-
mists were right. ! have great faith
In the reeuperative powers Of the
United States Of America
I'm many lines. particularly tho.e
| which were hrst hit and hardest hi.,
| orders for goods are now quite nu-
| merous. They are still small and
| represent a hand-to-mouth policy on
| the part OF the buyers, but urgency
| OF shipment Is a very noticeable and
encouraging feature of these orders T"
Catoctin clarion., 1921-09-08
Rexersino Speech.

A curious phOnographic Instrument
was invented by poulsen, capable Of re-
versing the sounds Of word or SEN
tence. A steel piano wire, carried on
two spoels, passes between the poles
of a small electlomagnet so connected
with telephone transmitter that spo-
ken words are magnetically recorded
on the moving wire and reproduced In
a receiving instrument. When the mo-
ton of the wire Is direct. the words are
heard as In ordinary conversation. but
If the motion Is reversed, the sounds
come to the eur In reverse order. like
words spelled backward. To represent
the order In which the reversed sounds
strike the ear, however, not only must
the order of the letters composing
word be reversed but each letter must
itself be reversed from right to left, a.
when reflected in mirror.-Christian
Science Monitor.
Catoctin clarion., 1921-09-08
slavs Copy American Ways.

American methods in social. educa'
tional and recreational work are being
adopted by the new republic of Czecho-
Slovakia. the people of which have
quickly adapted themselves to our
leadership and training, according to
Miss Eleanor Prudden, director Of the
work OF the Young Women's Christian
association in Czecho-Slovakia. MISS
Prudden recently returned to America
for short leave OF absence.
Upon the invitation Of the Czecho-
sloyok government the Young Wom-
ems Christian association, In some In
stances, Jointly with the Young Mems
Christian associa ton, for the last year
has been conducting demonstration
work to develop native leadership.
said Miss Prudden. The association
will be able to withdraw early In 1872,
as arranged in advance, leaving Its
established program intact for perma-
nent development.-New York Times.
Catoctin clarion., 1921-09-08
Wet Inside and Out.

The Marine was up for Office Hours.
The Sergeant of Tie Guard has ac-
cused him of falling off the dock while
In an intoxicated condition. The ac-
cused Marine stOutiy maintained that
he was strictly sober, and that tie
ducking he got was not the result oil
his own misconduct. His buddy was
a reluctant witness.
The Commandin2 officer addressed
the witness: "It is reported by the
Sergeant of the Guard that the ac-
cused Private Jones, was intoxicated
at the time he fell off the dock, and
that you assisted him ashore. Tell
me, how did he appear to you when
YOU pulled him out? If you had been
ordered to give an opinion of him
then, what would you have saidT
"Sir," answered his buddy, II should
have said that he was one Of the wet
test, il not the weitest, Marine l had
ever .seen."
Catoctin clarion., 1921-09-08
FOR WORLD CITY
Various Sites Proposed for AM
bilious Project.
idea, Put Forward by American, 10
to Form International Clearing
House of Information.
Paul |. Payne. Manages

New Jersey, Hawaii, Cuba, the en-
virons of Paris, the Riviera, Belgium,
Switzerland, Italy, and Greece have
been proposed as sites for an interpa-
tiOnal city, upon the plans Of which
Hendrix Anderson, an American, now
residing In Rome, has been cOllabor-
ating for the better part Of the last
18 years. Such a city, according to
Mr.. Anderson's projects, would not be
the adaptation to international pur-
poses Of town already existing, but
would be built new and so would con-
tain only those edifices necessary for
its aims and maintenance. There
would be, among other buildings, an
international court Of justice, which
Mr.. Anderson willingly comedies would
not do away with war, but would at
least lessen the possibility of 1t. and
which would be attended by perma-
nant representatives from all nations.
There would also be an international
bank, an international medical con-
gress, which would always be in ses-
sion, and through which all new dis
coveries In medicine, hygiene and sani-
tation would at once be disseminated
throughout the world; an information
al press building, and an international
chamber of commerce and labor. Each
government would likewise have its
own building, which would offer to rep
resentatives Of the other nations the
opportunity of examining all the
works Of progress made by each coun-
try. The city would then be an in
ternational clearing house Of informa-
tion, and from its establishment, Mr..
Anderson declares, only good results
could accrue
The plans of the city have been ex-
hibited at the Smithsonian institute at
Washington and extensive literature
concerning its economic, political and
structural possibilities has been sent
to the presidents and sovereigns OF
practically all the countries In the
world. The estimated cost of such
city is $5OO,OOOOOO, but the net an
nual gain to each nation participating
in its advantages and facilities would
be $21, 100000, according to the calcu-
lations In the tracts which have been
| sent out.
Lectures will be made upon the
project this summer in the United
States, and the Sorbonne in Paris has
| offered a chair for three years for
conferences on 1t. The plan has re-
ceived the appreciation Of Pope Bene-
dict XIV. and both Belgium and Greece
have offered land grants for the site
of the proposed city.
Catoctin clarion., 1921-09-08
English spayrows Eat DandeIions.

At least one good mark may be set
down for the English sparrow, so COM
monty regarded as pest. He is fond
of the seeds of dandelion, and when the
flowers have given place to the fuzzy
"blOw-balls" spends much Of his time
cleaning them from the lawn. In this
country, as IN England, the sparrow is
also fond of young peas, and often
ruins the early crop by picking off
flowers and leaves. In some Chicago
suburbs 1t is now impossible to raise
peas without protecting them with a
net. Whether the sparrOws' good Of
fees in Kidding the lawn Of dandelions
will Offset his attack on the peas Is
a prOblem.-Science Service.
Catoctin clarion., 1921-09-08
HAS SEEN LIFE'S BITTERNESS
Granddaughter Of the Mighty Napo-
leon | Worthy Of Remembrance
by the French People.

Paris observed the centenary Of Ma
poleon Bonaparte's death with elabo-
rate ceremonies q few weeks ago.
Amid all the pomp In honor of the one
time arbiter of Europe another figure
stood out In contrast-that Of woman
of fifty, dressed In black. with fine,
open face, lined by sorrow and the In
cessant effort to exc out livelihood,
q teacher In an ordinary elementary
school near the Boulevard st. Michel.
This poor teacher, now living in tiny
apartment with her cat and few mea-
ger possessions, Is the granddaughter
of Napoleon l. Her father was the llle-
gitimate son Of Napoleon and Eleonore
de la Plaigne, maid Of honor to Caro-
line Murat. Napoleon gave the boy the
title of Count Leon. Born In 1905,
Count Leon" died In 1881, after an ex-
citing and feverish life, into which he
crowded excessive gambling many
duels and love affairs and some mys-
teal meditations. The counts only
daughter, Charlotte Leon, was born
when her father was sixty years old.
She began life as teacher In Algeria
to support her widowed mother, to
whom the count had left but small
means of subsistence. After hard years
of struggle on pittance she finally
went to Paris, where she married q
M. Mesnard, taking the name Of Mmes
Mesnard-Leon. Her husband Is now
dead and she lives alone, barely re-
moved from want, meditating on the
strange destiny of her grandfather, the
great emperor, of her fathers wild and
stormy life-and Of her only son, who
died for France at Rheims during the
war
Catoctin clarion., 1921-09-08

nuded SUBMITS glistening in the sun
not walking with demurely downcast
eyes telling their beads, but with jolly
laughter telling each other some joke.
Buddhist nunship appears to be little
more than a cheerful REIMBURSEMENT
of domestic and economic anxleties !:
though one would think they must feel
uncomfortably cool il the winter. The
extensive grounds of Sennyuji are
beautifully kept. There Is wide
main walk lined with Expresses with
sidepaths leading to various shrines; I;
all are covered with granite sand; at
the end is a similarly sanded court
yard about $50 feet square, with
screen running along one side; the
roofs are toarded with cylindrical
tiles stamped at the end with the It,
petaled chrysantheinum.
Catoctin clarion., 1921-09-08

tlon of tropical forests and Jungles.
1.-THE evidence Is conclusive" said Pro
fessor Whitford, that the tropical
sun has the power to store up more
energy in the form Of cellulOse In
given time than has the temperate sun.
If this is in utilizable form 1t re-
mains for the ingenuity Of man to
overcome the difficulties of profitably
applying 1t. With the increasing needs
of the nation 1t IL reasonable to ex-
pect that sooner or later 1T Will be
necessary to utilize more fully the
plant resources of the tropics"
Professor Whitford said that the an
nual production of alcohol from the
nipa plant In the Philippines was now
nearly 3,OOO,OOO gallons and that one
distilIery there had produced VI per
cent alcohol at cost Of about 10
cents a gallon, and II operated to fuil
capacity could make 1t at cost OF
Is cents a gallon.-Scientific Amert-
can
Catoctin clarion., 1921-09-08
Watch for Dying Trees.

People are willing to let tree
starve to death, but when it comes to
letting an animal starve, 1t is an en-.
tirely different thing. They either
feed or kill the animal. Why not be
as humane to the tree and cut 1t down
to end the slow death2
A tree does not show starvation as
much as an animal, but as soon as it
shows lack Of vitality 1t should arouse
suspicion on the part of the owner
and he should ascertain the cause,
taking steps to remedy it or else cut
down the tree.
Catoctin clarion., 1921-09-08
Transylvania SiIkworm Culture.

SilkwOrm culture In Transylyania,
which was highly developed under the
Magyar regime. but which. declined
during the war, Is again engaging at
tentiOn. and the department of agri-
culture has taken steps to forward the
industry. According to Hungarian law,
still effective In this district. the prod
ucts Of this industry must be delivered
to the government for fixed amount.
1t is estimated that 10000 kilos of
silk cocoons, representing a value Of
100000 lei, can be purchased this
wear.
Catoctin clarion., 1921-09-08
Japanese NunA.

Near Tokufuji, Japan, is Sennyu1i,
a group of buildings noted as the place
Of interment of several of the mikados
during the Kamakura and Tokugawa
periods, writes a correspondent. The
graves are not shown; they are ap-
parently very uApretending. quite un-
like the gorgeous mausoleums of the
Shotgun dynasty, but the place is worth
visiting. Near the gate, ! passed q
group Of shaYep.pated nuns. their de-