davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-06-16
Juggling the Indemnify Fund.

American dollars have never had
so much gold reserve back of them
and they have never been such a
ticklish foreign trading medium as
they are at this moment. What
semblance of order had been estab-
lished in the international money
market has been thrown clear out
of joint by the huge operations Of the
Imperial Reichsbank OF Germany in
arranging to meet reparations pay
ments to the Allies. The greatest
fluctuations in values have taken
place in New York because, theoreti-
caily, the indemnity must be paid in
gold, and American dollars are the
only equivalent of gold among all
the currencies OF the world today.
To pay in dollars the Reichsbank
must sell any assets it may have in
other countries and use the proceeds
here to purchase dollars. The enor-
nous foreign demand for dollars con-
centrated within few days or weeks
in effect sends up the price of the
American dollar to the foreigners by
requiring more Of their currency TO
equal our dollar. The result is wild
fluctuations like those of the other
day, when the English pound dropped
eight cents inside of an hour and
then recovered five cents, and closed
the business day three cents below
the price Of the preceding day.
Similar wide variations in price
were recorded in Italian lire. French.
Belgian and Swiss francs and in
most of the other European curren-
cies. The harm. to American trade
is from this lack OF dollar stability.
Neither buyer nor seller can con.
tract ahead with confidence when the
price he will receive or have to pay
cannot be translated into a definite
value in terms of foreign currencies.
This was all to be expected. It is
one of the penalties of owning SO
much gold, which makes foreign
seekers of gold come here for it, bid
ding for II with their deprecated
currencies.
The first payment by the Germans
consisted of s37,000,0OO, but it had
first to be converted from the cur.
rencies of Sweden, Norway, Spain,
Holland England, France. Argentina
and Brazil into American money be.
fore it was the equivalent of gold
This operation upset the foreign ex'
change market late in May.
There are other drafts, totalling
$500, 100000, falling due September /
next, representing indemnity pay.
ments to be transferred to New York
and converted into the equivalent OF
gold. After that there are about $50
payments of the same size to be made
by Germany In gold or in dollars
before the indemnity OF s33,750000,
600 is paid OF. American dollars
will bear the greater part of the
burden OF the buying and selling,
American trade will bear the handi.
coy Of depressed exchange. But for
this America will get not so much as
single paper mark under the pres.
ent arrangement. -
Some way onght to he found for
The New York herald., 1921-06-16
The Comet.

Behold the comet, IL you can!
Celestial gift of June TO man.
Phenomenal sldereal!
It's countenance, remote and pale.
It's graclle body and IT'S tail
OF rather thin material
The comet IL n curious thing.
Like others 1t must have It's fling,
Paradlng, heaven in purity.
Just now the talk of all Broadway
But Broadway FOUNDERS have their day
And then sink IN obscurity.
Thus star succeeds successive star:
They twinkle for us--where they are
No one can say to-morro1s
And though comeback com stage
New generations they mt page,
They find out 10 their horrow,
MAURICE Motnrs.
The New York herald., 1921-06-16
a Narrow pscsp..
From me Manetsster owordlor,

FROM The Manttesfcr Guardian.
Curfcw IN ireland has its lighter as vel
~ itr tragic moments. One recent n.snf IN
Belfast Jones. who dearly loves dance.
was hurrying home from little hon. "
was three minutes after 1890. but NIL
seemed wcll and ho had reached hts own
avenue when suddenly two policemen rounded
n corner. His heart stopped beating: he
foresaw a ride in the 'buzzcr' and night
in gaol But he gripped the little bag that
held his pump shoes the more firmly and
marched vaiinntly on.
Good night. Sector said ono Of the
policemen, sriutihs him respectfully.
The New York herald., 1921-06-16
Daily Calendar
THE WEATHER.

For Eastern New York--Fair to-day
and tomorrow; not much change in tenn
perature: fresh northwest and west
winds.
For New Jersey-Fair to-day; tomorrow
partly cloudy; not much change In tempera-
ture; moderate northwest and north winds.
for Northern New England-Generally fair
to-day and Tomorrow; not much change IN
temperature; moderate to fresh northwest
winds.
For Southern New England-Generaliy fair
to-day and Tomorrow: not much cilA..Se III
temperature; moderate to frash northwest
For Western New york-Fair to-day; TO-
morrow increasing cloudiness. probably be-
coming unsettled not much change IN tenn
perature; moderate west and north, shifting
TO east winds.
WASHINGTON, June 15.-Pressure contn-
Canadian maritime provinces and from tho
Mississippi Valley westward, and Il was
abnormally low over the plains States AMI
the plateau regions. Local thunder showers
hours in the upper Mississippi Valley. the
north plains States and the Rocky Mountain
region and at widely scattered points IN
New England and the Southeast States eS-
cept Florida. Light rain also fell along the
north Pacific coast
The temperature was somewhat lower IN
the Carolinas and decidedly lower IN the
north Rocky Mountain region, Idaho ana
Nevada. In other regions there was little
change In temperature.
weather Tomorrow and Friday In the mid
die Atlantic and north Atlantic States, the
upper Ohio Valley and the Florida penfn-
sula ana scattered thunder showers in other
temperature changes will be slight as q rule.
The New York herald., 1921-06-16
s2,45e.0OO 10 Mount Holyoke.

SOUTH HApLEy. Mass. June i5.--Gifts
totalling s2.45e.0oo TO Mount Holyoke
College as a result OF the endowment
campaign were announced by President
Mary Emma Woolley at the commence
ment exercises. This sum means The
successful completion OF the s2.oo0,o0o
endowment for the increase OF teachers
salaries and insures the erection OF
new science building. which has been re-
garded as Mount Holyoke's most press
The New York herald., 1921-06-16
Hooray for Home Runs!
Heavy Cannonading as Opposed to
Pitchers Contests.

To THE New YORK HERALD: Baseball
never enjoyed the popularity or drew
anything like the crowds that 1t does
at the present time. and this popularity
is undoubtedly due very largely to the
free batting.
We now see nine men in action In
stead Of one as formerly, and this is as
1t should be. And furthermore, regard
less Of any early lead that may be
gained by either team, the game is not
won or lost until the ninth inning is
played. The last two games at the Polo
Grounds Illustrate this.
No real lover OF baseball would seri-
ously think Of returning to the old tire
scme pitchers contests. GRANDsTAND.
New YORK, June Is.
The New York herald., 1921-06-16
President Harding Guest of Club
Metropolitan Of Washington Gives Reception to Chief
Execusive-Many Diplomats Present.

ing building need. Tho total sum sought
As 81 900. 600 by January 1. 1922.
As a result OF this springs intensive
effcrt total OF si.Gi6.000 has been OBJ
tained for Mount Holyoke. according to
President Woolicy. or this sum Sl.116,-
eco va IN pledges and subscriptions and
ssD- oC> was a contingent gift from the
General Education Board which was defi-
Effort
The New York herald., 1921-06-16
Blue Sunday Meals.

To THE New YORK HERALD: My fam
ily will go away on Saturday and Sun
day. No one works in the house but
the cook and the kitchenmaid. On Sun
day the help all demand three hi~
meals. I would like to ask Domestic"
how she would suggest the meals be
got on a blue Sunday" Cook.
ATLANTIC CITY, N. j., juno IS.
The New York herald., 1921-06-16
perShIng Gets Degree.

cursrrR. Pa. June is.--Ien- rcrehinr
and George " Christian. secretary a.
President Harding. were among those
receiving honorary degrees to-day ~ the
commencement exercises OF the Penn
sylvania Military College herr. Nr
CHRISTIAN A. an alumnus OF the ins,itu-
ti0n.
A nhau, battle was staged on the cam
nus by the .tudents this afternoon for
the b.nefit of Gen. Pcrshing.
The New York herald., 1921-06-16

almost be a fiivver in these days, SO
far is its driver removed from the
conception of the actor which existed
for many years in the mind of theatre
goers. Now there is no reason why
one should desire TO see him in mutt.
He is just like the other man in
the street.
The New York herald., 1921-06-16
The Perfect World.
LincOIn's Hope for the Elimination
Of Two ScOurges OF Mankind.

To THE NEW YORK HERALD .,braham
Lincoln on Washington's Birthday IN the
year 1S42 wrote:
The one victory we can ever call com
plete will be that one which proclaims
that there is not one slave or one drunk
ard on the face of Gods green GARTH
Recruit for this victory.
PHILIP FARNswoRTH.
NEW YORK, June 10.
The New York herald., 1921-06-16

the Allies to take payment from the
Germans without causing the value
Of American dollars to jump around
like a barnyard chicken which has
just lost its head under the axe.
The New York herald., 1921-06-16
Confession Is Good for the Soul.

White chapel correspondence Nevada County
(<irk.) Picoir,ne.
Here come one more time. have lived
forty-two years In Arkansas without paying
fine. although have done some things
that were very bad snyfsome good deeds {
have failed TO do l wish I had.
The New York herald., 1921-06-16

Philadelphia dispatches say that
many important executives" are
among the unemployed Real defiation
viii not be here, however, until the ef-
iiciency experts go to work for liv-
ing
The New York herald., 1921-06-16
Tho Coils.

Guide-This n the LAGOON.
Tourist--Looks as n he had got mixed w
with his Ytil.
The New York herald., 1921-06-16

The big fight is to begin at P. NJ.
sun time, SO that Mr.. CAapENTIER's war
comrades will hear the result long
before bedtime in Paris. Mr.. DEMp-
sEY has no such acquaintance to worry
about him.
The New York herald., 1921-06-16

This. according to one eloquent bac-
calaureate sermonizer, is the best time
in history to invest ones life." The
field IL unlimited; yet so it has
been before. The best time for n man
or woman to invest lisc in service is
when the opportunity offers. Our pred
ecessors on this sphere found it no
cramped world for good works
The New York herald., 1921-06-16

Babe RUTH and the young onion or
scallion, both appear TO be strongv vr.
this year than last
The New York herald., 1921-06-16

Count that day lost or strayed or
squandered when you miss the news
that sugars down again.
The New York herald., 1921-06-16
High Finance.

Atlas explained.
81 had TO take on tho earth TO get a little
loan from bank ne incurred.
The New York herald., 1921-06-16
EVENTS TODAY.

highest temperature, rs. at 80
Lowest temperature. SO. at o A.
Average temperature, 6S.
The New York herald., 1921-06-16
To Write Rulvers's History.

Nrw BRUwewfcw. June iS.--presidcrf
william H. s Demnrcst of Rutgers Cor
icre to-day ~as granted a years leave
of nbsencc for travel and writing a hls-
tory OF tho coilegei Frederick Freiinr.
huyaen, class of isss. president ~ The
Mutual Benefit Life Insurance Caf,pany
Of Newark. will serve as temporary
president.
Prof. walter G. Marvin was appointed
10 succeed Dean Louis Bcvier. retiring
because OF falling health.
The Associated Pres " exclusively entitled
20 tho use for republication of oil ucwA des
matches credited 20 u or NO, otherwise
credited IN this paper. and also tho local
news published herein.
sn rishts OF republication Of special dss-
patches hnfcin are also reserved.
The New York herald., 1921-06-16
vs.,...s...-. a. ssss i,.rr's ~ e.. sass 4.

sSssiai ns.paisA % rar Sr~ spsx i's,'es
The New York herald., 1921-06-16
LOCAL WEATHER REcOKDs.

recorded by the official
shown ia the annexed table: I:
New-York tribune., 1921-11-24
Egyptian Cotton Cargoes
To Net u. S. a Profit
Will Be Small Until Business Is
Obtained for Vessels ON
Outward Trims

From Tho Trtbuno's Warrington Bureau
WASHINGTON, Nov. Reinforcement
Of Egyptian cotton in Emergency Fleet
Corporation vessels will net the gov
ernment small profit, according to
estimates made to-day by officials Of
the traffic division of the corporation.
There will be no great profit in the
tariff until cargoes on the outward
trips are obtained by American bottoms,
officials Of the fleet said to-day, but on
the movement Of cotton on the west
ward trip 1t is expected that a small
margin will result, as the vessels in
the trade would have to come BACK in
ballast If the cotton cargoes were not
available.
No definite information is available
here as to the rate at which the cot
ton will be carried by American vessels,
although it is known that the tariff
will not be less than that charged by
the British operators. Having been
allotted 80 per cent Of the cotton tom
mage out Of the port Of Alexandria, the
Fleet Corporation Is satisfied that no
effort will be made by competing car
riers to wage q rate war.
1t is the plan Of the ALLEGATION
division Of the Fleet Corporation to
put as many ships in the Egyptian cot
ton trade as the traffic demands, and
instructions have been issued to the
corporations representatives in Alex
andria and London to call on Washing
ton for as many vessels as are required
to meet the demand.
New-York tribune., 1921-11-24
Muscle Shoals Bid
Liberal, Ford and
Edison Tell u. S.
Pair Hope to Obtain Data
ON Inspection Tour to
Clinch Bargain ON Terms
Submitted 10 Government

DETROIT, Mich, Nov. 23 (By The
Associated Press). Henry Ford and
Thomas A. Edison, during their forth
coming inspection tour Of the Muscle
Shoals, Ala, project, hope to obtain
data to convince the United States
government that Mr.. Ford's offer for
the nitrate and waterpower project is
liberal, 1t was announced at Mr..
Ford's Offices at Dearborn to-day to
The Associated Press.
The information followed word from
Washington that the government would
ask Mr.. Ford to make certain modifi-
cations in his proposals, believed to
involve Rn increase in the amount Of
money he was willing to allot for
completing the dams at Muscle Shoals.
Mr.. Edison will come to Detroit early
next week, it was announced, and soon
afterward he and Mr.. Ford will go to
Alabama for their inspection, accom-
panied by engineers and other experts
on the Ford Motor Company staff. An
effort will be made to prove conclu-
siveiy that the government figures are
too high, tt was stated.
Mr.. Ford is known to believe that
Muscle Shoals may be made to pro-
duce one million horsepower. Under
the Ford plan, this power could be
made to produce steady employment,
New-York tribune., 1921-11-24
Laura Returns to City
Job After Suspension
Assistant, Accused by Leo, Put
Back Into Office With
Hylanss Approval

Michael Laura, Deputy Commissioner
OF Street Cleaning. in charge Of the
Brooklyn Office, returned to his desk
yesterday after the expiration of his
sorty-day suspension by former Street
Cleaning Commissioner Leo, pending
charges Of alleged attempt to influence
the court in behalf Of dependent
street cleaning employee. Commits
sioner Leo resigned recently following
differences with Mayor Hylan over de-
partmental matters. Alfred A. Taylor,
acting Street. Cleaning Commissioners,
yesterday reinstated Laura with the
approval Of the Mayor.
Laura's suspension during the recent
campaign was strongly resented by his
friends. He was the Democratic can
didate for Sheriff of Kings County and
was beaten, due largely to his suspen-
sion, in the opinion Of the Democratic
leaders.
Laura reported at his Office and went
to work as if nothing had happened.
He was warmly greeted by his friends.
He refused to discuss the charges made
against him by former Commissioner
Leo.
II am back on the job, and will per-
form my duties to the best of my
ability" was all he would say.
New-York tribune., 1921-11-24
drove her from her home to those Of
her parents or friends.

drove her from her home TO those Of
her parents or friends.
Once. she says. when she and her
husband were dining with friends at
Pelham Heath Inn he drove Of and
left her with their guests. While they
were debating what to do, and after
the other man in the party had paid
the dinner check, she asserts. her nus
room, grasped her by the back Of the
neck, bent he's arms behind her back
and dragged her cut to his car On the
way home, she says, he twisted her
nose again. Arriving at their apart
ment, she says in her complaint, hex
husband left her and was not seen at
home again until o'clock the morn
ing following.
Trhitel has entered general denial
Of all his wlfe's charges, and has no
heimer. that he will oppose her motion
for alimony.
New-York tribune., 1921-11-24
Seeks Separation,
Charging Husband
Twisted Her Nose
Mrs. David s. Traitel Also
Asserts Wealthy Spouse
Spoiled Party at Pelham
Heath Inn and Used Rum

Charging frequent drunkenness and
cruelty, Mrs. Mildred Franklin Traitel,
daughter of Mr.. and Mrs. Nathan e,
Franklin, of the Hotel Willard, is suing
David S. Traitel, wealthy marble con-
tractor, for separation. The first hear
ing of her charges was set yesterday
in the Supreme Court for next Mon
day. She asks alimony Of $10O a week
and counsel fees of $4,000 on the con.
tention that the income Of her husband
from tho Traitel Marble Company, OF
Long Island City, is $150,OO0 a year.
Until Mrs. Traitel went to the hotel
to be with her parents she and her hus.
band divided their time between their
apartment, at 145 East Forty-fifth
treet, and their summer home, at Belle
Harbor. She says she is without in
come except 1924 year from railroad
stocks given to her by her grandfather
Harris Franklin, when she was little
girl. The grandfather, wealthy re-
tired mining man, lives at the Hotel
Savoy.
Mildred Franklin and David Traitel
were married in Washington November
8. 1918, following their elopement from
New York soon after the woman, then
only nineteen years old, had been
graduated from the fashionable Semple
School for Girls. At that time her
father was president of the First Ma
tional Bank of Deadwood, S. D. AT
present he is the head Of the Kny-
Scheerer Corporation of America,
dealer In surgical instruments.
Traitel, his wife charges, began his
mistreatment not long after their mar
riage, becoming drunk and abusing her
while they were on their honeymoon
in Washington. She frequently for
gave him, she says, on his promise to
cease drinking, which he failed to do,
On various occasions, she declares, he
pointed revolver st her, twisted her
nose until her face was lacerated, and
New-York tribune., 1921-11-24
Thanksgiving Cheer for Sick
and Wounded Ex-Servicc
Men Urged in Plea by
State Commander Deegan
Fathers Of Legion Members
Will Organize in Kings;
Foch Expresses Pleasure
Over Receptions i'm City

"In the midst Of our own Joy and
thanksgiving let us not forget those
who have less for which to be thank
full" was the appeal sent out yesterday
from the state headquarters of the
American Legion in the Hall of Rec
ords by State Commander William F.
Deegan. \
while we are surrounded by our
families, thanking God that we have
come safely through another year, let
US remember those Of the ex-service
men who have not yet left the hosr
pitals. Let US remember also those
thousands whose wounds and injuries
received in service have sent them to
the hospitals within the last year,
where they still await, some hopelessly,
better. days.
when we remember that thousands
arc coming down yearly with tubercular
troubles from being gassed over there
we can see that some of these poor
chaps have little to be thankful for.
Let a grateful American public, which
has just made tribute to an unknown
hero, try little to lift the load of care
from those in the hospitals, the rest
camps the institutions where they are
still struggling manfully against the
greatest enemy.
Baskets of home-cooked dainties,
flowers, books, cigarettes, pipes, to-
baccos-all these will help. But q
personal visit and the warm hand clasp
of a patriotic American who really
makes them feel that he appreciates
their every sacrifce-that is the best
help of ALL"
Fathers to Organize
Fathers whose sons are members OF
the American Legion have for some
time felt they have been sighted in
the organizing of various auxiliaries.
Police Lieutenant John F. O'Grady,
whose home is at $50 Seventy ninth
Street, Brooklyn, and whose family has
been actively identified with Legion
affairs, has undertaken the task of cre-
atlng an auxiliary composed solely Of
the fathers of Legionnaires.
With this purpose in view he has
called meeting for December in the
Kings County headquarters at 1873
Schermerhorn Street. Since its start
the movement has gathered momen-
5am and record attendance
prominent members of the legion in
Kings County will make addresses and
an effort will be made to have the
Daddy" Club established. Lieutenant
O'Grady has invited every man who
has son in the Legion to attend this
meeting and help in setting down the
bylaws of an organization which will
share the burden of supporting the
Legion in all it's activities with the
members of the Women's Auxiliary,
New-York tribune., 1921-11-24
The American Legion
Nescs: Local, State, National

delighted with the cordial reception
and enthusiastic greetings extended to
him at all points iy the citizens of
every rank. So pleased was he, accord
ing to State Commander Deegan, that
he intends to return to this city for a
few days before embarking for, France,
where he will spend the holidays with
his family.
Through State Commander Deegan.
the American Legion yesterday issued
q statement thanking the city and all
the citizens for their aid in making the
three-day reception hugo success.
Commander Deegan, expressed his
gratitude with the manner in which
the Police Department handled the
several gatherings attendant ON the
Foch rcception.s
New-York tribune., 1921-11-24

directly and indirectly. for 100000
men. He expects to convert it into one
of the greatcBt enterprises in the
United States within the next six or
seven years. -.
"Mr. Ford realizes the opportunities
are almost limitlcss," high Official
of the Ford organization said. "The
nitrate plant would be used for the
making Of fertilizer. This, however,
would be only part Of the entire pro-
gram"
It was said Mr.. Ford had not decided
New-York tribune., 1921-11-24
Johnsort Post Get. Site

Frank A. johnson Post 75a, of John
son City, Broome County, New York,
has received, from Charles r. johnson
,jr a site on which to establish per-
mancnt clubhouse for the former serv-
Ice men of that section. Dan l.. Jane,
commander of the post, in accepting
the gift on behalf of the members, ex.
tended to Mr.. Johnson the appreciation
Of all the members for The many
kndnesses received in promoting
Legion activities in Broome County.
New-York tribune., 1921-11-24
s'Traviata" at Metropol;,an

"Traviata" was given last n;ch, :.
the Metropolitan Opera House, Win
Nine. Galli-Curci and Mr.. Gipli in 81.
principal roles. The only change frnns me
the cast Of the first presentation ' w.a
the substitution Of Mr.. Danis for Ms Ms
De Luca. "'''
New-York tribune., 1921-11-24
Cavalry Post Show

a"You Must Come Over is the name
Of an all-cavalry show to be presented
by the First New York Cavalry Post
of the American Legion in the Academy
Of Music, Brooklyn, on the night Of
January 81. Two nights a week are
being devoted to the selection Of the
cast, which is under the direction OF
William Halloran, author Of the
Twenty-Seventh Divisions comedy,
"You Know Me, AL"
New-York tribune., 1921-11-24
Vice-Commander Callan Here

During the last week First Vice
State Commander Albert S. Callan, of
Chatham, was visitor here. He made
tour of the various posts in the city
and in Brooklyn visited the head
quarters of the 106th Infantry Post
and the Joyce Kilmer Post.
New-York tribune., 1921-11-24

manent clubhouse. The business girls
and members Of the various patriotic
and civic organizations in Canandaigua,
arr cooperating with the post in ali
endeavors.
New-York tribune., 1921-11-24
Danes Creet II. 6. Envo

COPENHAGEN, Nov. 2s.-Dr. John
d. Prince, the new American Minister
to Denmark, presented his credentials
to-day, and was received for an hours
audience with King Christian. He was
later presented to Queen Alexandrina