davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-01-27
PRINT PAPER DECLINE
WILL BE INVESTIGATED
Offered at LoUer Prices Than
Contracts Call For.

wAsnrNGroN Jan. 26.--Investigation
by the Federal Trade Commission Of
print parcr supplies and prices TO as
certain why manufactured articles have
suffered big declines" Is proposed Inv a
resolution introduced to-day BY senator
Harris. Democrat. Georgia. Senator
Harris was a member OF the commission
when IL made it's first news print investI-
cation four years ago.
There is no real shortage Of print
paper" said the senator. Newspaper
publishers state that white paper IL be-
ing offered In the open market at a
lower price than that covered by con-
tracts with tho big companies who usu-
ally control the situation. and yet the
newapa pers arc forced 10 make contracts
for 1921 with the right OF the pspsr
company 70 fix It's own prices subject 10
quarterly Establishments.
The New York herald., 1921-01-27
ASPHALT REPORT DENIED.
sewsu Has Heard of No Ncrctin-
uors for BsrIinston HOLDINGS.

sp,cioi Dstpnich to run NEW Yoni ittnttp.
purrsrrrrfIrl. Jan. '26.--The report
that Major Eothschild OF tho Paris
Rothschiid banking firm IA negotiating
for the General Asphalt holdings OF tho
Burlington corporation was denied by
Arthur W. Sewall. president OF the Cen
eral Asphalt Company. here to-day.
When the attention OF Mr. Sewall was
called 20 the rtnior that several confer
euces had been held on the subject ne
said:
This IL the fret I have heard OF the
matter. have had no conferences with
any one concerning such an offer or any
offer Of that or any other sort. These
stories crop out AZ intervals. and sup.
pose this II like others In the past. N
such negotiations were on I would SER
tainiy have heard Of them, and ! have
NOT
The New York herald., 1921-01-27
NEW ENGLAND RATE
MEETING POSTPONED

WASHINGTON, Jan. 20. - Pooling OF
funds by trunk lines and turning such
moneys over TO the New England rail-
roads to enable them to meet fxed
operating charges is being considered as
a solution of the controversy regarding
the division OF freight rates between car
riers cast and west OF the Hudson River.
The proposal 10 to be discussed at the
meeting OF trunk limo executives with
New England men. which was set for
Friday in New York. but which was post
poned to-day until the first OF next week.
The postponenent was decided on to allow
W. H. Williams. chairman OF the Wabash
Railroad. TO testify at the hearings be-
fore the Interstate Commerce Commits
sion this week.
Trunk line attorneys said to-day that
they expected 10 complete their testi-
mony before the commission tomorrow.
and Central Freight Association wit
nesses will take UP the balance Of the
week n giving their side Of the case.
The New York herald., 1921-01-27
ACCEPTANCE TOTAL DOUBLES.
Discount Corporation Reports
$500. o1O Proats In second Year.

Tho Discount Corporation OF New
York reports net profits OF S5e0,970 in
1920. The corporation bought accept
ances TO an aggregate value Of ss91.-
132,054 and sold $sS9.si1.596. making
total volume of business of si.7s0,e43.-
65f. The year before the turnover was
Ss54.9s6,f2i. From last years earnings
dividends amounting to 100000 were
paid. leaving s3e0,970 to be added to un-
divided profits. This account stood at
ss25.2e4 on December 81. 1920.
John McHugh. president. In the an
nual statement said "The beginning of
the third year OF the corporations bust
ness shows a considerable slowing UP Of
foreign trade. both import and export.
For time at least, therefore. the vol
uine OF acccptances outstanding will
tend 70 decrease"
The New York herald., 1921-01-27
MUTUAL LIFE HAS BEST YEAR.
Favorable Mortality Experience In
1920 Aids savings.

Insurance paid for in the Mutual Life
Insurance Company in 1920 was tho
largest IN the company's history. accord
ing 10 the statement made public yes-
terday. The total was s423.677.7t9.
compared with ss54.422,133 in the pre-
ceding year. The total outstanding in
surance on December 81 was s2,357.-
ef3.f21.
The years payments included $780,
2s7.4s3 in death claims. ss,7ser2e0 In
cndovments. s2.644.t12 in annuitles and
s2i,g7s.56s In dividends to policy hold
ers. Total payments 20 policyholders
were Ss7.522.1s0 and the total received
from policyholders sss.s52.5os.
The company had on December 81
total assets os se71 .ooo.isi and total
Liabilities OF s6t7.s4f.s5s. The con
tlngoncy reserve amounted TO s23.o5s,-
$50 During the year tho Mutual Idfe
paid s2.s69.560 In taxes. The company
mortality experience in 1920. says the
statement. was distinctly favorable. and
a material slim was thereby added 20
the savings available for dividcad pay
nlente.
The New York herald., 1921-01-27
BARNES AND HOOVER
FORM HOLDING co.
Control Washington Herald
and Pejepscot Paper Co.

The fntereontinentai Development
Company has been formed, with julius
Barnes. former head OF the United
States Grain Administration, as presi-
dent. Herbert Hoover. former Food Ad-
ministrator. also Is interested in the
new company. which has offices at q
Broadway, and which viii operate as a
holding company for several Industrial
enterprises in vhish those two men the
Interested.
The new company will control the
Washington Herald. a large block OF tho
stock of which vs. owned BY Mr.. Hoover
other companies TO be controlled In
ciude the Pejepscot Paper Company OF
pcIepscot. Me, and the klearfiax Linen
Rug Company OF Duluth. The former
has important holdings in Maine and
The New York herald., 1921-01-27

Canada. II IL trying 70 refotest lands
az they arc cleared and 10 use water
power on its properties.
The KiearflaS company makes a floor
covering from flax straw. whicn had
been n waste product IN the linen indus
try Large tracts of land IN california
viii be developed for the production 81
cotton, according 20 the company =
plans. other officers Of the new COM
pany are II. NJ. Flesh, vice-president cs
the grain corporation who IS vlcc-pres-
ldent and treasurer; Edgar Rickard of
the American Relief Adniinistratior.
vice-president and secretary. and Edwin
y. shettuck. vlce-presIdent and counsel
The New York herald., 1921-01-27
COMPANY oMITs DIVIDEND.
Lincoin Motor VIII Vet Pay Class
DIsburscmcut.

prrnoir ian 2e w C. Leland. vice.
president of the Lincoln Motor Company.
announces that The company viii pass its
next class 4 stock dividend.
prospects look satisfactory. our dis
tributerp without exception report more
interest IN nibtor cars. more orders are
commencing 10 come in" Mr. Leland
said.
BIT We iwill stili adhere 10 our policy
0f conserving resources and playing safe
The c'sss dividends are cumulative.
go the stcckhoider Is no sense q loser
l.,. tho noicy."
The New York herald., 1921-01-27
HAYTrAx DIRECTORS CHOSEN.

A special meeting OF tho protective
committee OF tho rotehoiders OF the
fIaytian American Corporation was held
Yesterday In the office Of VI. y. e ~
w. Biumcnthai. 35 Nassau street. r..
r. Dirgs Arthur Atkins. Gerard r.,
Tamln and Paul G. schmitxlcr were
elected members and Maurice y. Blu
menthal. David W. Blumertha and Ar
thur ". Wickwire were designated as
counsel The meeting was adjourned
until next Tuesday.
The New York herald., 1921-01-27
NEW FIRM OPENS rEBnUARy.i.

II. I. Ailcu & 90. will open offices at
30 Wall street on February TO deal In
Government. municipal, corporation ana
railroad bonds. The partners arc ". y.
Allen. Charles g. Thomas and G.. G.
stevenson. all formerly associated with
the bond department OF Hornblower a.
Weeks Mr. tlen was IN charge OF the
IIornblowcr & Weeks bond department
for several years Mr.. Thomas IN charge
OF the New York city dealers depart
mont and Mr.. stevenson sales manager
Of the New York office.
The New York herald., 1921-01-27
C0FFEYvILLE BANK LOSS.
Kansas Com mmission~r Estimate.
Amount at $500 900,

TOPEKA Jan 26.--Losses resulting
from the recent failure OF tho Peoples
State Bank Of Coffeyviile. Kan. prob
ably will approximate 5000 600. State
Bsnk Commissioner Walter Z. Wilson
said to-day.
Allen J. Newman. president OF the
bank. and his brother. Rufus f. New
man. yesterday pleaded guilty 70 EN-
bezzlemcnt and forgeries and were sen
fenced TO thirty years each In the peni-
tentiary.
The New York herald., 1921-01-27
LONDON WOOL MAnKEr.

I,oNpox. Jan. 2e.---At the wool auction
sales to-day s.45s bales were offered.
There vas an improved demand aud
good woods frequently were per cent.
dcarer The withdrawals were small.
The New York herald., 1921-01-27
FINANCIAL NOTES.

Edward l.. Love, formerly with Bonbfisht
4 Cor Inc. has been made manager og The
bond Investment butinrss of Clark Williams
4 Go. llc was associated with tho seaboa rd
National Bauk Of New York for six years.
William Il. lIooiey formerly Of Curtis &
Sanger. y with the bond department OF Bar.
stow & Co
The Central Union Trust Company Of New
York has been appointed transfer agent of
the Mid-Contintht OF and Development
Company.
Charles y. Brokiey Co. have opened
branch OF their business IN b rasf Fn,,y
fourth street under the mana rernent or ttd
gar NJ Carnrick.
Thomas J. Reese. Arthur J. Sullivan. Ed.
mond y Rosener and William 4 Horsu
have been elected CONSOLIDATED s,tncL T..
change members.
Mcdonnell 90. arc issuing for IRE. dis
tribution the 1921 edition or iheir hoot,ie, ~,
con, ertible bonda.
Stone. prosser e. Doty state Ia t,e Ia,.
vary issue of the LfffiS 7pdfyr that ,narv
bargains in stocks and bonds arc sti;i ~
price.
Forrest " rowl has been reeIee,sa nresi-
dent Of The Southwest Pennsylvania pipe
Lines.
The Lincoln Trust Company has been an
pointed registrar OF the Di Giorgio Fruit
Corporation.
Directors cf Tho Mcrcan ntno Bank OF tho
Americas have elected Albert strauss a a.
rector of That bank 20 succeed Frederick
Strauss, resigned. and Phsnor g. Edor. It's
secretary. one ~ i's vice-presden's.
The New York herald., 1921-01-27
FOREIGN MARKETS.

f.oNpox. Jan. 26.---Bar silver iOs. m
ounce. Bar sold. i05s. ed Money. ) -,
per cent Discount rates Short bills. 6
n 81, per cent. three months bills. ett
per cent. Gold pre'n&ms at Lisbon, if0.
PARIS. Jan. oe.--Trading was quiet on
the Boutee to-day Three per cen.
rcntcs 50 francs 30 centimes. rx-
change on London. 50 francs so 'cn-
tlnies. Five per cent loan. 81 francs 20
ccntimes The Solar, ~ francs p en-
times.
The New York herald., 1921-01-27

prTrsBrnc. Jan. 2c.---rhc price Of
Corning "a ude 81 to-day was reduced 2a
cents barrel. its new quotation beina
sg.sO
The New York herald., 1921-01-27

The Central Union Trust Company OF New.
York has been appointed transfer sesnt of
the Md-Contintht on and Development
The New York herald., 1921-01-27

Charles y. Brickley Co. have opc,ed q
branch OF their business IN East Forrv
fourth street under the mana cement OF Ed
gar NJ. Carurick NJ
The New York herald., 1921-01-27
pENNsyLvAv,A o,L uARNBr.

or. CRY: jan. S6--C,redit Balances.
$3.50: runs 80 $50 average. 56.J43
shipments 5sTsJ: average. lt.152.
The New York herald., 1921-01-27

mond y. Rosener and William q Uo~sit
have been elected Consolidated stock Ex-
The New York herald., 1921-01-27

William T.. lIoaiey. formerly Of Curtis 4
stow Co
The New York herald., 1921-01-27

Mcdonnell 4 90. arc issuing for IRE. dis
cont ertibic bonds W
The New York herald., 1921-01-27

Stone. prosser e. Doty state in tse I.,
vary Issue of the LdiuS Tr3dlr thai MANY
pargAins IN stocks and bonds arc stiii Ia
De had Tor sood Income and appreciation of
The New York herald., 1921-01-27

Forrest VI. rowl has been reelected presl
dent Of The Southwest Pennsylvania Pip
Lines.
The New York herald., 1921-01-27

The Lincoln Trust Company has been an
pointed registrar Of the rs Ciofsio Fruit
Corporation.
The New York herald., 1921-03-09
JERSEY ANTI-FRAT
BILL is WITHDRAWN
Backers Refuse Compromise
Making 1t less Drastic.

Special Despatch to THE NEW YORK HERALD
TRENTON, March abandonment for
the present session Of the bill to abolish
fraternities and similar organizations
from the public schools Of the State was
announced tonight by Mr.. Dater Of Ber-
gen, who introduced the measure in the
House. The bill was opposed by pupils,
particularly those of high schools.
throughout the State. 1t was backed by
the Women's Federated Clubs and or
ganizations of similar character.
Mr.. Dater at the suggestion of men,
bers of tho State Department of Public
instruction and others proposed TO
amend the bill by making the abolition
Of fraternities optional with local boards
of education. This amendment was not
acceptable 10 the original hackers OF the
bill. which led Mr.. Dater TO conclude
that it would be unwise to press the
Measure further at this time. The
fight, II IS said viii be resumed next
year.
The New York herald., 1921-03-09
BEER DRINKERS, HERE'S
HOPE-IF YOU'RE ILL
Palmer Decided It's Medicine,
but Ruling Got Lost.
,eciai Despatch to TIE Nrw-yoRK HERALD.
New York Herald Bureau.
Washington, ID. c., March 4.

New York Herald Bureau,
Washington. ID. g., March =.
A ruling made by Attorney General
Palmer that beer is medicine within
the meaning OF the Volstead act just as
much as whiskey and wine. was dis
covered to-day in the files of the De-
partment OF Justice, and was sent at
once to the Treasury Department for
transmittal TO the Prohibition Commits
sioner and the Commissioner OF Internal
Revenue. This ruling was one of the
last acts of Mr.. Palmer before he left
office, but II appears to have been lost
until found to-day.
Under this ruling, a physician may
prescribe beer rs medicine in whatever
quantity he may decide is necessary for
his patients health. 1t follows almost
word for word the ruling which held
that whiskey could be prescribed as
medicine 1t will however, necessitate
a complete change in the existing rules
governing the manufacture and distri-
button of beer. and it may be several
weeks before beer may be sold as
medicine on a physician's prescription.
Prohibition Commissioner Kramer said
tonight ne had not yet received the
ruling, and would make no statement
until it reaches his office.
The New York herald., 1921-03-09
DR.. SAWYER APPOINTED
WHITE HOUSE PHYSICIAN
Marion Man VIII Rank as
Brigadier in Medical Corps.
oia' DESPATCH to TIE NEW yoRK Herald.
New York Herald Bureau,
Washington. ID. c., March y.

New York Herald Bureau
Washington. ID. c., March 3.
DIR. G. Il. Sawyer of Marion. Ohio, who
for more than twenty years has been the
physician Of the Harding family. Is TO
be commissioned a Brigadier General in
the Medical Corps of the army and as
signed to active duty as the medical at-
s.endant of the President. This developed
to-day at the War Department when ii
became known that the necessary papers
for the appointment are being prepared
LIN the office of the Adjutant General.
The knowledge that DR.. Sawyer is to
be retained as the medical attendant
of President Harding disposed OF the
considerable speculation In that conncc-
tion. 1t meant that DR.. Cary T. Gray
Ion OF the Naval Medical Corps, with
The rank of Rear Admiral. would leave
/ Ihe White House staff after a long period
| inder both Woodrow Wilson and William
] g. Taft DR.. Grayson recently was de-
I allied to be the officer in charge of the
Naval Dispensary in Washington
DIR. Sawyer is nationally known in the
ngdical profession, having for years
co u,ducted a sanitarium known as White
OeHss Farm, for nervous diseases, at
Mssrion.
The New York herald., 1921-03-09
ARMY PROMOTIONS EXPECTED,
Secretary Weeks 20 Present View
List 20 President.

wAsHrNeToN, March s.-A revised list
Of nominations for promotion OF army
officers above the rank ~ Major Will
he submitted by Secretary Weeks 70
the President soon. possibly early next
week, for transmission 70 the Senate.
II is expected the list will differ quite
materially from that forwarded ~ Sec
retary Baker during tho last session
OF Congress.
Secretary Weeks IS devoting much of
his time 10 study OF the service rec
ords of the officers who failed OF con-
nrmation by the Senate, and OF the rec
ords. particularly AZ regards the world
war. or officers who were not on that
List.
The New York herald., 1921-03-09
NO AUTOMOBILE FOR HAYS
AT UNCLE SANS EXPENSE
Rift Between Burleson and Brother Democrat Blamed
for Hard Luck of Postmaster-General Who Must
Drive Horse, Supply Own Motor Car or Walk.

in the motor line. Mr.. Burleson, his
predecessor. explained this when he
turned over the office.
TITS hard luck. Hays" said Burleson.
but you're the victim of Democratic
kicker who did not like me. When the
matter Of appropriations for the auto
mobiles OF department heads came up in
Congress this person arose and re-
marked that inasmuch as Postmaster
General Burleson was so sedulous about
economy and keeping down salaries ne
guessed the Postmaster General would
not mind going without an automobile
10 help the Government along, and could
do well enough with horse and car
riage Congress took that view, and
there you are"
The New York herald., 1921-03-09
NO REPAIRS ON BUNKER HILL.

Bosror, March s.-Blcmishes that the
storms of years have put upon Bunker
Hfi Monument will not be removed just
now 1T the expense Of the state An
amendment 10 the state budget provid-
Ing SIS. 900 for the regeneration Of the
shaft was rejected by tho House to-day.
Representative Mellon Of this CITY.
who proposed the special repairs IN adj
dition 70 the $4,000 appropriation for
maintenance Of the monument. told the
House that the additional money was
needed to make the landmark and
grounds around IL respectable"
The New York herald., 1921-03-09
New York Herald Bureau,
Washington. ID. O., March 4.

Special Despatch to THE NEW YORK HpnAr
The New York herald., 1921-03-09

When Postmaster General Hays ap-
peared at the executive offices this
morning TO attend the Cabinet meeting
George B. Christian. Jr., secretary to the
President, called out
win. did you hitch your horse and
buggy outsider"
George, why mock man in his adj
verslty?" retorted Mr.. Hays.
The Postmaster General is tho only
department head who cannot have an
automobile at the expense OF Uncle sam
He must use a horse drawn vehicle or
walk. For him there is nothing doing
The New York herald., 1921-03-09
SALT WATER SECRETARY
is TO BE DENBYS AIM
WIN Join Fleet at Guontana-
mo for Spring M0noeuDreS.
-spdtch to TIE NEW YORK HERALD.
New York Herald Bureau.
Washington, n. c.. March s.

Specitd Despatch TO TILE NEW YORK HERALD.
New York Herald Bureau.
Washington. ~. G.. March s.
Secl a9tary DENLY purposes literally
mount hlg the quarterback Of the Navy
Depart anent. He will be salt water
Secretary. He has acquired his sea legs
in two wars and will join the Admirals
OF his dk partment N actual sea service.
He n nounced to-day that he would
join thet fleet at Guantanamo and re-
main wi IA it during the spring manoeu-
vres if hts duties will permit
Secretapy DENLY does not expect the
unusual experience will be entirely one
OF pleasu re. He desires to familiarize
himself Hyitn the actual sea conditions
that confr pnt the fleet.
Naval Ulcers have ascribed a title to
the new 81 scretary on account OF his salt
water inter Nions. He win now be known
as "the Bos u Admiral"
The New York herald., 1921-03-09
sMoKINsi BANNED IN UTAH.

SALT I4AKIs CITY. March S.-An anti
cigarette bit forbidding the sale Of
cigarettes in Utah was signed by Coy
Charles r. NJ; bbey to-day. The bill also
prohibits othel. smoking in public places
New-York tribune., 1921-12-29
500, 600 Loan Returned
To Board by u. S. Lines
Receipts Enable Management
to Meet 100000 Obliga-
lions of Old Mail COMPANY

FROM INC IrtUu'c'S EufopcuN Bureau
WASHINGTON. Dec. 2s.--The sum
of 100000 furnished by the United
States Shipping Board as working cap
ital to the United States Lines, which
took over the operation of the vessels
seized by the government from the
United States Mail Company, was re-
turned to-day to the board by Thomas
II. Eossbottom, general manager of the
lines.
The receipts of the United States
Lines have enabled the management to
turn back this sum to the board, as
we'll as to meet obligations of the old
Mail Company to the amount of $40O,-
900, it was said at the board offices to-
day. Most Of these obligations repre-
sented advance passage fares. The total
outstanding indebtedness of the Mail
Company, which the government agreed
to assume, amounts to Sl,400,000.
Mr.. Rossbottom to-day took up with
Chairman Lasker and officials of the
Emergency Fleet Corporation the ques-
liner to the United States Lines in
place Of the George Washington, which
has been chartered for special cruise
to the Mediterranean. The officials
were informed that any interruption to
the regular passenger service in the
north Atlantic would be felt seriously
by the government lines, and that an
other vessel was required to fill the
gap.
New-York tribune., 1921-12-29
Arrived Yesterday

Munsmar Antiila Dec "a to tho Munson
Lines. with II pass aud mdsc; Warmers,
Edgewater, n J.
Gufquecn Port Arthur Dec 2I TO tho
Cult Refining Co, with crude OIL Bayonne,
N j.
jefferson Norfolk Dec &c: to the Old
Dominion Transportation Co. with mdse
Pier Is, u r..
sark tNorl. Bucnos Ayres Nov 10 sam
tos Dec ., Kio &c Janero 4 to the Kerr
Steamship Line with mdse; 57th st,
B'klyn.
Eastern Admiral Hamburg Dec q to
Barber & Co. in ballast; 57th St. R'hlyn-
Nora Tampico Dec 20; to the Pan
American Petroleum Transport Co. with
crude oil: Constable Hook. N j.
Certo (Nor). Valencia Dec Z. Malaga 10,
Gibraltar IL; to r Stolt Nielsen &. Co.
with mdse; anchored in stream.
fo'dcnfjord tNorl. Stockholm. Dec 20;
to the Norwegian American Line. with
mdse; S0th st. B'kiyn.
Union City (Br), London Dec e. Shields
,; to the Y s Navigation Co, with mdse
Pier A.. B'klyn.
Lampasas. Mobile Dec 20: to the NAL
Tory S Co. with mdse, Pier sS, r.
Olympic tBr). Southampton and Cher
ooErg Dec 2l: to the White Star Line with
40 first. 263 second cabin and l62 third
class pass, mails and mdse; Pier So n r
Nteuw Amsterdam (Dt), Rotterdam and
Bouiogne Dec II and Plymouth u.s. to the
Holland America Line with 50 first, 1os
second cabin and 121 third class pass
mails and mdse; foot of 5th St. foboken
New-York tribune., 1921-12-29
Cleared

- City OF ST Joseph, Flynn; Cagliari and
Bona to Philadelphia ana Norfolk; ID
Mallory & Co. -
Ryndam NDD. Krol: Rotterdam via Plym-
oufh and Boulogre; Holland America Line.
Catherine. Sullivan: Puerto Plata ana
Sanchez: II Bull g. CO.
Koranna (Br). Cartwright; Busren to
Bsltimore Norton. Lilly & Co.
Henry r Mallory. Barstow Galveston
via Key West; Mallory Line.
Ell El Es'ero. Petersen; New Orleans;
Ell Alba, Burns; Galveston; Southern
Dungannon, Wallace; Boston, McAllister
Arizonan, Anderson; Boston; United
American Lires.
Delaware. Robinson; Boston; Eastern S
S Co. y
Mohawk, Ingram: Charleston and Jack
sonyille; Clyde S Co
William Isom. S.2per; Baltimore; Amer
ican-Italian s co.
Herman Winter, Holmes; Boston; East
ern S s Co.
Panaman Nichols; San Pedro and San
francisco Via Philadelphia and Panama
Canal: United American Lines
Ensiey City, Lang; Boston; Isthmian 8
S Lines.
Monterey, McInnis: Havana and Pro-
sreso & Cube Mail S S Co.
Hansa lGer), kier; Hamburg; United
American Lines.
Regina dItalia 90 Precentno; Naples
and Genoa; Furness. Witty &. Co.
Sch Lieutenant Sam Mengal. Burbridge :;
Perth Amboy; Sexton g. Bryant.
Sch Winthewar (Br) Kears; Perth
Amboy; r Whitney g. Co