davidaulloa/AmericanStories huggingface dataset:
, 1921-08-25
RETURNS
no PROTECTION

WASHINGTON. Aug. a3.-"After
three-quarters of q century of free
trade, Great Britain has definitely,
and by legislative decree, abandoned
that policy" says the Republican
Publicity Association. through its
President, Hon. jonathan Bourne,
ernment's "safegnarding OF the In
dustries bill" passed the House Of
Commons by the overwhelming
, 1921-08-25

President Hard
ing'S special COM
mission to frame
IL comprehensive
program for the
relief of disabled
veterans, which
was headed by
Brig. Gen. Charles
G. Dawes of Chi
cago.
G IN NJ g d
through. in less
than two days,
an inquiry into
, 1921-08-25
ST. JOsEPH's CATHOLIC CHURCH

During the summer months the
Masses on all Sundays are at 6 and
9 o'clock. Benediction OF the Blessed
Sacrament Immediately after the s
o'clock Mass.
Week day masses at 1880 a. m.
No Sunday School until fall.
Non-Catholics are always well
come.
, 1921-08-25

LOsT-In Chautauqua tent. on
north side. felt sofa pillow with
ward, sis
, 1921-08-25
BUCK PRIVATE TO COMMANDER
c. L. Dawson, North Dakota Legion
Mar, Rises From Lowest to
Highest Rank.

From the lowest rank in the military
service to the highest grade conferred
The Washington times., 1921-12-29
GENERAL MOTORS CORP.
DUE TO DECLARE DIVIDEND

NEW YORK, Dec. 29.-The dire
torate Of the General Motors Corpora.
ton is secluded to meet January
for dividend action. It is reported or
good authority that the regular quar-
terly disbursement of rs cents pei
share on common will be declared
with the usual dividends on other sc.
curities Of the corporation.
Following tho first quarters deficit
of $7,327.O50 after all charges, pre-
ferred, debenture and common divi
dends company more than earned
common dividend requirements in the
second and third quarters and proba.
bly, will show at least 25 cents a share
earned in the last three months. Fo,
the full year net profits after all
charges and taxes should approx.
mate $25,000,000 or about 30 cents a
share on the 20, 000, 900 odd shares of
common, after preferred and deben-
ture dividends.
General Motors is taking full cog
nizance of inventory depreciation
beside which this years operations
have absorbed rebates of approx
mately $4,600,000 covering refunds or
price guarantees in effect in first six
months.
Last year net profits after All
charges and taxes were S37, 750, 375, or
$1.58 a share on the common, after
senior dividends. In 1919, the best
year In the company's history, net
profits were $60,005484, or s36.36 n
share on the 500 par value common
stock which has since been split up
ten for one into no par shares.
The Washington times., 1921-12-29

other. Not all prosperous farmers go
on buying more land indefinitely. They
place part Of their spare capital In
stocks and bonds. The careful and
prosperous wage-earners are still an
other group of stockholders.
Helping Industry.
To see the whole process OF stock
investment unrolled before his eyes.
a man should go to the brokerage
offices in cities of 5000V or 100000.
In these offices he would see the
ten-share and twenty-share pur-
chasers from the little villages and
crossroads communities of the coun-
try. And not one in thousand, not
one in two thousand Of the stock
purchases Is made by a man who il
an idler, a parasite or non-producer.
Only u dollhouse theortst in a H.
brary chair Can figure that 1t IL any
less respectful and useful to buy ten
shares In q great industry than to
buy an acre Of land. And the propo-
sition to penalize shareholders by
interest-that IL the magazine
writer's idea-and to leave a land
owner free to earn all he can, In
the product of an academic mind
and q diseased financial imagination.
That Is, II 1t is sense to desire any
thing like good business, full en-
ployment and general comfort In this
country again.
The Washington times., 1921-12-29
Chicago Grain Market

CHICAGO, Dec. 2s.-Selling. in
spired by yesterdays Government crop
report and lower cables. carried wheat
prices down at the opening today. May
opened * to III lower, and July " to
q off. :.
Elevator interests bought corn. and
opening prices were unchanged to u
higher.
Trade in oats was mixed and prices
irregular. The opening was u lower
to Y higher.
Provisions were slow and prices ir-
regular.
The Washington times., 1921-12-29
"Bluo Sky" Bill Praised.

The NEED of Care in Selecting in.
vestments'' was the topic Of an adj
dress by Eugene e. Thompson, of
Paris & Co., before the Rotary Club
Wednesday afternoon.
Mr.. Thompson urged the support Of
! the blue sky bill. now before Con-
gress, which will practically force
wildcat and questionable securities
from the field of operations in the Dis.
trict.
The Washington times., 1921-12-29
GERMANY FAILS PLEDGE
ON COKE PREPARATIONS

PARIS, Dec. 29.-Germany has
failed in another clause Of the rep
arations agreement, the allied COM
mission here was notified yesterday.
The schedule calling for delivery
Of $1,000 tons Of coke daily to the
industries of Lorraine and Luxem-
bourg has not been fulfilled recently,
1t was said.
action can be taken concerning this
newest failure to satisfy the agree
ment already complicated by Ger
many's" refusal to pay her January
and February reparations install
ments.
The Washington times., 1921-12-29
INDEPENDENTS
ASK 81 A BARREL
TARIFF ON OIL
Mexican Product, They Claim,
Can Be Laid Down at Gal
weston for Sc Cents.

Mid-continent oil producers before
the Senate Finance Committee today
demanded that crude oil be taken off
the free list and placed under a tariff
schedule Of 81 barrel.
One dollar, they told the committee,
was the difference between the cost
of American and Mexican production.
Last year Mexico exported to the
United States 106,175,00O barrels-9a
per cent Of all foreign expectation to
the United States. A?ainst this, the
barrels" said Harry II. Smith, of
Tulsa, OKLA, secretary Of the Mid
Continent Oil and Gas Association.
w. II. Gray, president Of the Ma
tional Association Of Independent Oil
Producers, Joined Smith in the de-
mand for the 81 tariff.
"A tariff on Oil Is necessary to
stabilize and conserve the American
industry" declared Smith.
Mexican Oil can be laid down at
Galveston for sc cents a barrel" con.
tinued Smith.
During the first six month. Of
1921 the cost of Oil declined II per
cent in the United States and up to
September 81 the price was below the
cost Of production. The abandonment
of wells and bankruptcy resulted.
"The granting Of protection would
afford employment to men now
clamoring for work. 1t will preserve
to the United States thousands OF
wells that would otherwise be
abandoned. A well, once abandoned
cannot be reclaimed.
without a protective tariff the In.
dependent domestic industry Is placed
at the mercy Of large controlling re.
filming interests and would tend to
concentrate the, Oil industry Of the
limited States In tho hands Of n few
The Washington times., 1921-12-29

Tho location OF the new Smith COM
pany building is regarded as an ideal
one ~ the bankers purpose, and II il
expeeted that with the arrangements
ceing completed the club feature will
be well taken care of.
while. OF course, 1t has been argu ID
tnat the bankers desire club building
OF their own, 1t is pointed out that
with the erection of new building In
the wall street" section of the city,
Such as is planned, that arrangements
second to none can be made.
While the District Bankers Associa-
ton can be housed in the headquar-
ters, suitable arrangements will also
DC made by the membership of Wash
mgton Chapter. American Institute of
Banking. which has been doing a
ap@ehdfd work for the advancement of
Tie younger members of the banking
fraternity of the city.
When the Merchants Bank has
unally completed arrangements for
the Southern building location at the
northeast corner of Fifteenth and IL
streets the new location of the bank
era' club would be directly between
that and the Union Trust Company
ana Liberty National Bank.
Just about the corner the Banking
Trust and Mortgage Company is To-
Gated. as well as the American Secur-
aty and Trust Company, Riggs Ma
tdonal Bank, Continental Trust Com
pany and Citizens Savings and Union
Savings banks.
The Washington times., 1921-12-29
WALL STREET GOSSIP

NEW YORK, Dec. 29.-Buying
Of Studebaker was stated to be for
the same people who brought about
the last sensational rise. It is felt
that interest Is likely to be aroused
In the motor shares in view of the
close proximity Of the automobile
show, which starts on January Z.
Several new models will be put on
the market at that time. Insiders feel
that price-cutting will then be over
and that the increased public interest
should have some effect on the stocks.
Nevertheless not all the motor inter.
ests are inclined to be bullish on their
stocks right away. Some are inclined
to wait until later in the week in the
hope Of increasing their holdings a.
"a slightly lower level. II those buy
ing Studebaker continue their efforts
the expected setback may not develop.
Lackawanna Dividend.
Delaware. Lackawanna d West.
ern directors are expected to meet to-
day. This board usually declares an
extra disbursement in the fourth
quarter. No change Is looked for this
year. Rumor has It that an extra
dividend Of 10 per cent, or S. a share.
will be declared. On the other hand
a few skeptics feel that the 100 per
cent, stOCk uletIiOutiOii IIiaoc carrier
In the year may interfere with tn,
extra.
National Lead Dividend.
Renewed reports have arisen Of the
possibility Of an increased dividend
on National Lead. Last year the d.
rectors increased the rate nom to
per cent annually. and II Is now ex.
pected that Z per cent win be author
lied early In 1922. While the com.
pany's balance sheet shows it to be
in a strong financial position, those
who should know say It Is one or two
subsidiary companies that make the
surprisingly good showing.
Baldwin and Locomotive.
The action Of Baldwin and Loco.
motive is perhaps the most SUSPECT
GUS feature OF the market. Both com.
panies, like other equipments are IN
strong financial condition and give
promise Of better results. However,
the stocks are being worked by pools
that have enjoyed remarkable sue
cess. They were picked primarily
because of the small floating supply
which makes skyrocketing tactics
easy. Despite rumors of increased
dividends. extras, etc., which are flood
ing the Street, the arrangements OF
both companies are conservative
Both pay O good return. which IL not
likely to be increased while operations
are less than norman. 1t Is not sur
prising that many experienced traders
| feel that the fireworks In these issues
have been covering some profit-takins
elsewhere.
The Washington times., 1921-12-29
|. c. c. MODIFlES ORDER
ON SOUTHERN RATES

The Interstate Commerce Commits.
sion today modified Its decision of
November Is. ordering general re-
adjustment Of freight rates on ship
ments between ppints south OF the Ohio
river. including me Mississippi valley,
on january 81, 1922, to make such
changes effective April /, 1922.
In order to investigate these In
creases more thoroughly the commits
sion decided to make the date OF its
order effective on April 1 instead OF
January 81
The Washington times., 1921-12-29
Foreign Exchange.

NEW YORK, Dec. 2s.-Foreign ex'
change opened irregular today with
demand sterling unchanged at 4.19x.
Francs yielded ~ confines to 500
cables, and SOL checks. Lires de.
clined Q centimes to AIS cables, and
4.24 checks. Belgians were 3h
centimes lower at 1857 cables and
1855 checks. Marks were k-point
lower to .0054k. Guilder cables 1910
checks 1858. Sweden Monen cables
$500; checks 24.97.
The Washington times., 1921-12-29
b. Il O. Earnings.

The net railway operating income
of the Baltimore and Ohio Railroad
Company shows a deficit of $l25,761
for the month Of November, 1921, COM
pared with the corresponding period
one year ago, according to a report Of
earnings. The net income for the past
month amounted to S1,506, 6O1, as
The Washington times., 1921-12-29
Cotton Market.

NEW YORK, Dec. 29.-The cotton
market was quiet and irregular at
the beginning of business today, be-
ing points lower to points higher
on first sales. Japanese interests
were good buyers of March and spot
concerns and New Orleans purchased
moderately.
At the end Of the first fifteen min.
utes the market was easier and off
about ten. points from initial levels.
The Washington times., 1921-12-29
Second National Dividend.

At q meeting of the board of direc-
tors Of the Second National Bank. held
Wednesday. an extra dividend of / per
cent in addition to the regular semi
annual disbursement of 3 per cent was
declared, which action places the stock
on an per cent annual basis for 1921.
In addition to the action above noted,
the surplus was increased by $10,UU0
to $260,000, and a bonus of 10 per cent
for every employee was voted. payable
at the end Of the month.
The Washington times., 1921-12-29
To Review Packers Plea.

Attorney General Daugherty today
directed Assistant Attorney General
Galloway to prepare a digest of evil
dence taken In recent hearings on the
request of large packing concernings
to amend the Supreme Court degree
sidiary holdings. 1t was stated that
action upon the request Of the pack
ers was to be expected In the near
future,
The Washington times., 1921-12-29
Spot Cotton Opening.

LIVERPOOL. Dec. 2s.-Spot cotton
opened in fair demand. Prices steady.
Sales, 5000 bales. American mid.
dlings. fair. 1891; good middlings,
1921; full middlings, 11.s1; middlings.
11.46: low middlings, 1929; good ordi.
nary. ST.; ordinary. 7.78. Futures
opened quiet. 49,
The Washington times., 1921-12-29
Local Bankers Favor
Proposed Bank Site

Location OF Financial Forum in Smith Company
Building Seen as Ideal Arrangement.
Washington bankers deeply interested in the move
secure suitable club house for the banking fraternity
OF the city, in the proposed f. H. Smith Company
building on Fifteenth street.
John b. Larner, president of the District of Columbia
Bankers Association who inaugurated the to secure
the club house is hopeful that arrangements be quick
.ly made which will insure banking headquarters.
The Washington times., 1921-12-29
Clearing House Statement.

NEW YORK, Dec. 2s.-Clearins
house statement: Exchanges $751;
GOO, 900; balances s67,700,o00. Federal
reserve bank credit balances $s7 .4O0.-
900.
The Washington times., 1921-12-29

Continental Trust Dividend.
At the regular meeting of the Board
Of Directors of the Continental Trust
Company held Wednesday, the regu-
lar quarterly, dividend Of n per cent
was declared payable December 81.
1921 to shareholders of record Decem-
Der 20, 1921.
The Washington times., 1921-12-29
Cotton Futures.

NEW YORK. Dec. 29.-Opening
cotton: JAN, 1878; March, 1880;
May, 1882; July, 1894; Feb, 1892.
The Washington times., 1921-12-29
Liberty Bond Market.
Prices at noon:

Prices at noon:
avs. S470; first AS. 1884; second
AS, a7.02; third AVS, 97.sS; fourth
AIS, 97.4e; Victory ANS, 100.0s.
The Washington times., 1921-12-29

SALES.
Capital Traction IS. 600@s5h. SOC
095h. 5000s5h. 1,000Q95h. 10000
95. 1.000Q96. 1,000Q95.
Washington Railway and Electric
as, 3.O0OW65, 3,000Q65, 3.00006b'
3,000Q65. 3.000Q65.
Potomac Electric General mortgage
6's, 1.000@98A.
Mergenthaler. 5@128A.
AFTER CALL.
Mergenthaler, 5@128&.
( Capital Traction, 25@95R.
Money call loans, 6Q6 per cent.
The Washington times., 1921-12-29

Local Stocks.

public utility bonds were Of main
interest in the trading on the local
exchange today when Washington
Railway and Electric As to the
amount of $4,000 were traded In
blocks Of $4,000. the price being IS.
Capital Traction 5's were sold In
seven transactions. amounting In all
to $500 OF that security, at prices
ranging from 95@95h.
Potomac Electric general mortgage
SIS brought sS% when a $1,000 block
was sold.
The complete sales of tho day:
The Washington times., 1921-12-29
Shareholders Called
Backbone of Industry
False Idea Of .dIeness' Is Poison That Menacef
dalton of Prosperity" Says Economist.
By GEORGE w. HINMAN.

CHICAGO, Dec. 29-"Idle Shareholders" one Of the
soberest magazines in the world devotes pages of
it's latest number to perfect for getting rid of them.
What is the deaf
The Washington times., 1921-12-29
ContinentaI Trust Diyiden

against s1,eS2.ss2 for 1920. according
to the statement.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-03-27

was the secret of success, he said,
plain living and hard work"
No longer young, but very active
Lord Leverhulme keeps himself rigor-
ously to his routine. Rising early in
the morning. he has a few light ex-
ercises and a massage, which he does
for himself, because it is too early to
get his man up. After the days work.
he takes a hot bath, very hot bath.
and tumbles into his bed Probably h a
hurries to it, for it is in the wide open
room. which he calls a bedroom. In
reality it is nothing OF the sort as we
understand it, 1t is d plain room with
the side wall composed c. open metal
grating.
At Lewes castle he does run to a
roof to keep the rain off. but in his
other establishments the roof is only
a canopy over his bed. Year in and
year out he sleeps his limit of hours
in the open. If IT rains, it rains. and
he has provided against that contin-
gency by having the tilec rIoor of his
bedroom graded to gully. which
carries off the water Lord Lever
hulme believes in sleeping in the open
air, and by open air he means oper
air, smiling a little at the thought OF
OPEN windows being sufficient.
But lie does not impose this regime
! on his friends. For them. every lux
ury and leisure For himself a Spartan
life and diet. 1t suits him, for he /.
4 the youngest of the old men wht
somehow still manage to keep tn,
reins of industrial affairs in theil
hands and pat in a days work tina
usually suffices for three or four
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-03-27

in with plans of materials upon which
they desire estimates and those who
are doing so are really finding out
that material is being figured at very
low prices and that the time Is ripe to
start the home which they have been
planning. The W. d. Wood Lumber
company stated that they are thorough
ly convinced that the time is here for
building and that prices cannot go
lower. In anticipation of this demand,
they are filing in their stocks with
considerable lumber and other material
that these same good values may be
passed on to the ultimate consumer
SUMMARY OF CONDITIONS
To begin with, money is more readily
available for home construction than
at any time in late years and the home
owner has found no trouble in fnanc-
ing his home. Efficient labor can be
obtained readily at very reasonable
prices.
Studing. joists. as well as flooring
and interior trim, can probably be
bought lower now than in the next
few months. All OF the materials are
also selling at prices which represent
good values. SO Mr. Home Builder in
taking all of this into consideration,
you simply cannot afford to delay, any
fErther the building of your home,
which you have been planning. so go
ahead now while the advantage is all
on your side. .
The Cove OF Cork" Ireland, changed
its name to Queenstown after a visit by
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-03-27

ing the dope pipes whence flowed the
bamboo dreams" OF opium smokers in
other days. are expected to get their raw
material at home ultimately.
Propagation in the United States Of
Bamboo shoots was first attempted 10
or u years ago at Chico. Cal. and
Brooksville. Fla. The plants developed
n mite" which Slapped their vitality.
however. and 1t was not until experts
discovered the hot water cure that
hopes of growing bamboo for the market
were bright.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-03-27

The Menonites in Canada are fighting
the compulsory school law, insisting
on sending their children to their own
parochial schools. AS a result little
school ma'am has sat at her desk In
school room in Central Saskatchewan
daily since September /, waiting In vain
for pupils to come to occupy the empty
benches.
Father and daughter are the two
partners in the law firm of Robinson &
Robinson, of Fayetteville, N. c.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-03-27
BR|TON REEVES
OPEN HOUSE ON
OLD-T|ME SCALE
Extent of Luxury Recalls Days
of Federal BaronS-GueStS
ReVeI In Castles and
Parks

London, March by Reciprocal
News Service Lord Leverhulme has
revived an ancient and honorable prac-
tice, and the feudal open house. A few
castles and estates in various parts OF
the country nominally belong to him,
but in reality they belong to his
guests.
His friends enjoy his hunting, shoot
ing, fishing and the beauty of his
parks, his luxurious houses and mag
nificient feats, while he himself is
content with bread and cheese and
hard work and the satisfaction OF see
ing his friends happy. When asked
how he managed to keep fit, and wha,
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-03-27
GE0RGIANS TO GROW
BAMBOO FISH POLES;
JAP VARIETY TABOO
by Associated Press

Washington. March 5-There is hope
for a homegrown fish pole industry
The zeal of government agriculture
sharps is in fair way to overcome diff
ficulties in the way of bamboo culture
in the United States Undismayed by
past failures, they have ousted with no.
water, diseases in shoots brought from
China and Japan and are preparing to
start bamboo grove at Savannah, Ga
Makers of not only fish poles but barrel
hoops, canes, photograph needles, furni-
ture and many other things not includ-
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-03-27

union regulated days. AS he says, he
got into the habit through necessity.
and now finds it quite satisfactory in
success.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-03-27
SUMMARY OF CONDITIONS

The Cove o. %ork." Ireland, changed
its name to Queenstown after a visit by
Queen Victoria
The Hartford herald. [volume] (Hartford, Ky.) 1875-1926, 1921-07-27

FOR SALE-Thoroughbred Duroc
Hogs. Boar; Spring Piss; sows
with pigs. Best blood lines. Price
reasonable. WALKER CAREER.
29-4t Hartford. Ky. R. /.
The Hartford Herald, sl.50 sne gear
The Hartford herald. [volume] (Hartford, Ky.) 1875-1926, 1921-07-27
BR|TAIN'S REQUEST 70
CANCEL LOANS B.AEO
Secretary submits Letter From
lloyd George % wilson
Asking for Permission

Washington, July 25.-For the
first time it can be officially and
categorically stated that Premier
Lloyd George asked the United
States for general remission by
the United States of the war loans
to the Allies. Secretary Mellon sub
mier's letter to former President
Wilson, requesting such cancellation
to the members of the Senate FL
nance Committee in the hearing on
the Penrose Allied Loan Refunding
Bill.
The Premier proposed q general
remission, to permit a scaling down
of Germany's indemnity, on Aug. s,
1920.
Secretary Mellon also submitted
cabegram from Austen Chamber
lain, Chancellor of the British Ex-
chequer. to r. c. Lindsay. represen-
tative of the British Treasury in the
United States, dated Feb. ., 1920.
He said that England would "wel-
come general cancellation OF inter-
governmental war debts.
Secretary Mellon said the propos-
ais were rejected by the former Adj
ministration and that they have not
been renewed since. He declared
that cancellation of the principal or
interest would not be approved by
him. He admitted that undoubtedly
arrangements would be made for the
leisurely liquidation of the foreign
indebtedness.