davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-02-01
Butter, Cheese and Eggs

Butter--Recoipts were 1890 packages.
Creamery, higher than extras, lb., 6oiA q
il aaors s sSss ~ Is & s. ss.s Score
sS 445c: seconds, IS TO 81 score. S8@Ai1s !;
lower grades, ssgssc; unsslteds higher
than essgan ss9se estras
45@l5isc; firsts, AI0 44c; aeconds, $40
!oc; iowsg grades. .ss@ SIC; Danish casks,
4s q s9c; good to prime. 41@47c; common
TO fair, 80 o@4oc; ladies' current make,
nEsts. 20 a acc; seconds, rs; lower grades.
II. a4M @25o: No. 3, 2sia @ a4c; lower
grades 19Q23c.
Cheese- Receipts were fT5 boxes state,
whole milk. held, early made Hats, ape
siais. ib, s7lS@2ae; e. e faii made ss9 re:
grades. ao@a2isc: twins held specials,
asM ae2s,sc: average rum 2s825ssc; Wis
aS@aTs; single Daisies heid. ssa o2sc;;
double Daisies held. e5M 927c; Young
Americas, held, 3s02sEc; fresh. asM O.
a8ssc; sktms. held specials, l7ls q zoe: !:
prime 10 choice. 16Wt1ho; fair to good.
12@141ac; lower grades. Ice.
Esgs-Receipts were 1895 cases. Fresh
gathered, extras. dozen, soc, extra firsts
6scs hrsts 6e@57c; seconds, 6S9p54c; dir
ties. No. !. 6og see; checks, fair TO choice.
dry, f71Asc: refrigerator. fair to good,
Western hennery, whites. extras, 60G 6lc:
extra flrsts, sac; arsts. 579sse; gathered
whites. firsts to extra firsts. 5706sc;
sss nas1 andsr grades Dpas pnsss sI
5Sc: Pacific Coast, white, extras. SEQ 06ic,
extra frsts. Ss@ soc; frsts, 67 Dbsc; puilats,
usual sizes. 50@5ic: other Western and
Pennsylvania and nearby western hem
Merry, tsrcwaa extra, 50e gathered brown
and insaea colors graded extras, see:
New-York tribune., 1921-02-01
New York City Bond 8
New, York State Bonds

Issued in coupon and registered form.
not interchangeable. Coupon bonds regis
kar
New-York tribune., 1921-02-01
Break in Cotton
On New Pressure:
Liverpool Steady
Increased Selling Late i'm
Day Forces Down Prices;
Big Increase i'm Available
supply Factor i'm Drop

There was break Of about half q
cent In the cotton market here yester-
day. with all active months selling at
the lowest prices touched since the
elimination Of the early new year ad-
vance. March deliveries sold off to
l4c, compared with lA.b2c at the close
of Saturday and 16.60c. the high point
Of January is. Closing prices were at
practically the lowest Of the day, with
the market easy at q net decline offA
to 6s points.
Trading was quiet during the morn
ing and fluctuations were comparatively
narrow, but there were various fea-
lures which seemed to discourage re-
cent buyers, and when the selling
movement started there wae little
support around the ring. Liverpool
was better than due, and the opening
here was points higher to 8 points
lower.
Reports that the Bureau of Markets
has prepared statement on the cot
ton situation in which the worlds
available supply for this season was
worlds consumption at only 13,457,250
bales, seemed to turn the attention Of
the trade to the statistical position.
Reports Of increased spot offerings
in the Southwest and the irregular
ruling Of foreign exchange also were
factors in the decline, which was
largely the result of heavy Wall Street
selling. Southern markets rs officially
reported were unchanged to so points
lower, with the quotation for middling
cctton down to 12.60c at Fort Worth.
Prices ranged from that figure up to
the nominal quotation Of 15c at Savan-
nah.
The local market for spot cotton was
quiet and 45 points lower at 14.30c for
middling. No sales were reported.
The range OF prices:
New-York tribune., 1921-02-01
Spending Principal Before One Dies

Question: have obtained both pleasure
and proat from reading & your solumn rddng aha in.
yestments I have already made and some
I, wish to make. I have have, !, recently ; pur- -
cents at 90. one $4,000 United states Rub
ber per cent at 75, one $1,000 City OF
Berne 8 per cent at e6fs. Do you con,
cause me no anxiety? have about $4,000
more to invest and have considered Ameria,
Grand Trunk Railroad preferred, as. the
price of bonds has advanced. I have
been advised to wait while and watch
to think lower prices will come. Do you
agree with them? Part of this money is
lying idle, SO unless lower prices are very
liable to come I anxious to get 1T
drawing interest, T., of course, wish TO
get as large interest as possible. but do
not care to be kept awake nights worrying
about the principal. Do you think foreign
government or city bonds are safe? They
usually pay a larger interest / am nearly
income, although 1t does not allow many
luxuries, 1t does not seem to me it is any
mature after o viii vii be be past past using % them @
Will you please advise me which is best
to buy and II shalt buy now or wait for
lower prices ?--Mrs. u. a. 8.
Answer-The bonds you have bought
are suitable for you, in our opinion.
You need not worry about them. The,
City Of Berne is entitled to good
cIeulJ, we DelleVe. IL you are 1hVeSC-
ing your money for the income you
derive we do not see where the ques-
tion whether you will be alive when
the bonds mature enters into the case.
If you wish to use all your money
yourself, principal and interest, before
you die, you can do it in two ways:
Guess how long you are going to live
and spread your principal. sum equally
over those years (Which would be
risky or buy an annuity from life
insurance company, which, for stipu-
lated principal sum, will pay you a
certain amount every year rs long as
you live. Nothing would remain for
your estate. The annuity therefore, of
course, would be larger than your in
come from conservative investments,
which you would leave behind you
when you depart. The following issues,
we believe, are we'll secured and fit
your needs: Northwestern Bell Tele-
phone rs, 1941, to yield 7.25 per cent;
Brooklyn Edison Company per cent,
1910, yield 7.30 per cent; Canadian
Northern Railway rs, 1910, to yield
$50 per cent. You need not wait for
lower prices
New-York tribune., 1921-02-01

Tf6utenant Commander sSs't. z. \. y.
lasecr Administering the Affs.Fs cf the
.gfs.rotaria de Estate dn Hscienda ! Cos
New-York tribune., 1921-02-01
To the Holders cl Dominican Republic Sst
Bonds. issue Of 1918, Due 1898,

In accordance with Executive Order 27g
sealed proposals will be received by tha Sec
gotaria de Estado de Hacienda Concrete
until 10 o'clock A. IA. OF February i, March
and April l, 1891, for the purchase for re-
tirement Of bonds of the Dominican Republic
lated January 1, 1918. duo 1888. without re-
gard TO series, to an amount estimated at
THREE HUNDRED AND TWENTY TIsoU-
SAND DOLLARS tys2o,oeol on each OF the
above dates. total for al three dates OF
S96o.eeo. All proposals shall bo submitted In
tripiicase and shall specify the number ss
The bonds offered. the series, the par value
aud the price at which offered, hand shall be
isigned BY an Official duly authorized to act
FOR tne bidders. Upon the outside OF the
scaled envelopes containins proposals shall
appear the words 4"fropoeais opening OF
......, TN in date).1 Said Proposals
wiil be opened in putsic In the office OF the
on February /, March ] and
April /, 1891. unless such dates fall upon a
Sunday or legal holiday. in which caae the
lids VIII be opened on the following day.
; 4 ArfSsHr III. Mayo,
& g.ioukenant Commander sSsa, II. II. y.
1tg.ecr Administering the Atfh.Fs cf the
Sfs.rotaria dc Estate Dc 5i;seienda Cos
New-York tribune., 1921-02-01
U.s.. livestock Vaiue
Shrinks S2.25O. .OOO. 600

+ WASHINGTON, Jan. 81. - Value Of
livestock on farms and ranges In the
United States has decreased more than
two and quarter billion dollars dur
ing the last year and the livestock
about 100000, according to estimates
announced to-day by the Department of
Agriculture.
Cattle and sheep decreased in num-
Der more than per cent and swine
decreased more than per cent. There
was decrease in value of more than
half billion dollars in milk cows and
about the same for other cattle, while
swine showed decrease of almost half
billion dollars and sheep almost 8
quarter Of billion dollars.
New-York tribune., 1921-02-01
Wheat Is Weaker
On Sharp Drop in
Argentine Prices
Evidence of Foreign Buying
Shifts TO Southern Hemi-
sphere and Gut i'm Britain
Force Market Reaction

An almost entire absence Of e.f
port demand and weakness in
Buenos Ayres caused heavy selling in
the wheat market and brought about a
sharp reaction in prices, which left the
market at the close 21ac to 22c be.
low the final Of Saturday.
Price changes were feverish early in
the session and after an opening de-
cline of 1sc to 1Mc on reports that the
British commission had reduced the
price of wheat in the English markets,
there was quick rally Of 2Mc to A
cents on heavy covering, due to evi-
dences Of oversold conditions and a
strong technical position. There was
little in the situation. however, which
could be construed as constructiyely
bullish, and subsequently the market
experienced break of 41ac to SIC
from the top.
Prices in the Argentine market
were 6hc lower, while cables from
abroad said chat Argentine wheat was
being sold at prices equivalent to
s2.05 c. i. f. Antwerp, and that sellers
assumed all the risks Of any extra ex-
port tax. Export demand here also
was almost entirely lacking. Foreign
buyers seemed uninterested and in
creased shipments from Australia,
Argentine and India were taken to con
firm reports that the demand was going
to the Southern Hemisphere.
In the local cash market No. 2 hard
was quoted at $l.s71a; No. 2 mixed
durum. s1.S1a c. i. f. New York tc
arrive.
The range Of prices:
Saturday 8
Open. High. Low. Close close.
March :. 1.62h 1.64N 1901 1.6oa l.es
May 149la 1.53h 1.4s LAB 1.50%
New-York tribune., 1921-02-01
The best way to getyyour
Income Tax right

ME best way to set this years income
y tax return right is TO know the Income
Tax Law.
The figuring of your Federal and State income
taxes--whether ON individual or corporation
income will be greatly simplifed il you
understand the laws and know the chief
amendments and regulations made during
the past year.
We have prepared several booklets which
both tax payers and government tax officials
say are unusually helpful and timely. Their
titles are given below. We will be very alad
to send YOU any OF these publications il you will
write to our Tax Department, 81 Wall Street.
New-York tribune., 1921-02-01
His Choices Hardly Happy

oueetion--r have read for como time
your most interesting financial page ana
service In regard to the following: Some
time ago purchased THIRTY shares OK e! II
terborough at $50 and ten shares OF s,n- n
clair Oil at $40. Would you advise mold
ing7 VIII you please give me ilforina-.
tion on the financial atatua Of each COM
Williams & Wigmore7 II you bought Dem
yer &. Rio Grande at present prices ana
an assessment liz levied on the stock would
assessment, or could you hold the stock
and have the assessment written OF r.
J. w. T..
Answer -. Interborough Consolidated
is holding company owning practi =
cally all the stock of the Tnterborough
Rapid Transit Company. This stock
is pledged under the Interborough-
metropolitan ~ per cent bonds. 1t is
necessary for the Interborough Rapid
Transit stock to pay per cent in order
to pay interest ,on them, as the stock
is deposited in the ratio of 500 for
each $20e bonds. The Interborough
sisted of anything in excess of 3 per
cent on Interborough Rapid Transit
stock. At one time, it paid 20 per cent.
AS it has paid nothing for SONS time
past, the Interborough Consolidated is
in very poor financial condition. 1t is
now in receivership. What the future
will bring forth remains to be seen.
If you can afford to hold your stock it
may be worth while, as it is quite
possible that the worst features have
been discounted. Sinclair Oil stock is
speculative. The company is q large
one and earnings have been good: We
cannot advise you on what should be
done with this stock, however. Gas
ton, Williams & Wignnore appear to
have got into very poor shape. The
stock is pure gamble, in our opinion.
If you purchase Denver stock at pres
ent you are likely to find that the
stock will have no value. The road has
been sold and the equity practically
wiped out, subject to the courts pass
ing on the sale. We do not believe it
good stock to buy.
New-York tribune., 1921-02-01
Rail Bill Is Favored

WASHINGTON, Jan. 81. - Senator
Townsend's bill under which railroads
could collect parts of sums due them
from the government on account OF
guaranteed returns during Federal con-
troll before final audit was completed
was ordered favorably reported to-day
by the Senate Interstate Commerce
Committee,
New-York tribune., 1921-02-01
Well Diversified, Safe List

Question: now. holding the follow
ing bonds which ! purchased for an In
yestment with no thought OF speculation: !:
Eethlehen Steel 7a. 1923 (97Al; Sears
Roe6uck rs, 1928 (sSh); Swift & CO. Tss
1926 t93); Baltimore & Ohio ss 1879
tss). Would you consider them a safe
investment or would you advise me 70
dispose OF any of thenl?---r T.. l..
Answer-We regard all your bonds
rs safe. We see no present reason
Tor disturbing them. They are we'll
diversified.
New-York tribune., 1921-02-01
Canadian Customs Gain

OTTAWA, Ont. Jan. 31.-Canadian
customs receipts for the last ten
months amounted to S155,S45,79S, or
s7,3s1,oAT more than during the same
period last year, customs officials an
nounced to-day. For the current
month alone. however, receipts were
$e,047,754 less than during January
New-York tribune., 1921-02-01
Woman's Selections Are Safe

Question: haye $4,000 which I desire
to invest in bonds that are absolutely safe
and would like your opinion of the fol-
lowing: Chicago. Rock Island & Pacific
Railroad refunding 4s 1894; Dominion of
Canada 6s, 1887: Westinghouse Electric
and Manufacturing Company Is, 1881;
Bell Telephone of Pennsylvania refunding
Is, 1885; Chicago Milwaukee & ST. Paul
Railroad general As. 1888; Standard Oil
Company of California debenture Is. 1881:
Liberty 4hs, 1898? Are the Dominion Of
Canada paid In New York or in Canada?
If you know of any way to invest the
$4,000 to insure absolute safety and better
income l would appreciate your advice
Miss M. G. D.
Answer--All the bonds you mention
are. sound, in our opinion. You would
make no mistake in purchasing any of
them. The Canadian bonds are pay
aple In canada and New York without
deduction for exchange.
New-York tribune., 1921-02-01
Corr, Prices Continue
To Neau Seasons L0sps

The corn market, after an early ad-
vance, broke to new low records for
the season under heavy selling prompt
ed largely by continued liberal re-
ceipts and an increase of A,5O9 900
bushels in the visible supply There
was no conspicuous buying, and aside
from covering the demand was light.
In the local cash market No. g yell
low was quoted at e1&c and No. 2
mixed S1Ac, c. If. New York, ten days
shipment.
Yesterdays Previous Year
No; : yellow. so.slS $685. sl7s
Chicago:
May: saiy .: ssss SO. III .sS3s Ia Ia
Oats-The market again followed corn
and prices declined from moderate early
advance and made new low records for the
season. ss
In the local cash market prices were
easy. No. white being quoted at SAC; No.
soS ghits fsnes eso mo- White nt, sac No hts
clipped white, 62hc, all elevator
Yesterdays Previous Year
No: white. ..so.ss so.5sS.ssh sl.ei aSG'
9aiy:::::::. May: ] III III ~ ~ :4s]s :ss
Rye--Easier.
Yesterdays Previous Year
New York: close. close. ago.
No. 2 Western.s1.74 s177% s1.s7ik
Yesterdays Previous Year
Spring !nassas; s sss ). ;, s. - Aso.
Bye. s.oes5;so sos@s4o 5000 3: i
Bran. 33.0o $500 5o.o0@51.Oo
New-York tribune., 1921-02-01
Investment
Information

Questions of general interest to NJ
uestors soilt DO GnstOered iy this COZ,
,saan, In tohich case only initials apah
be used. Others Wiu be answered oy
mail. Address all inquiries. Snctos-
ing stamped, addressed cavelope, 20
Financial Editor, The Tribune, 154
Nassau Street, Nsw York City.
New-York tribune., 1921-02-01
Goodyear Meeting Postponed

AKRON, Ohio, Jan. 31.--Another
postponement of the Goodyear Tire and
Rubber Company stockholders meeting
to consider refinancing plans was an
nounced to-day. The meeting SET for
tomorrow will be adjourned until
February II. Directors of the COM
pany are still in New York negotiating
with bankers on refnancing plans.
New-York tribune., 1921-02-01
State Grange Meets To-day

UTICA, Jan. 31.-The annual con-
vention of the New York State Grange
will open in this city tomorrow with
1000 delegates in attendance.
New-York tribune., 1921-02-01
i0,se6 barreia, and finat prices showed net
losses or 1a to is points
The range OF prtceH. 81
Raic Sugar Tone Steady,
With Offerings absorbed
Open. High. Low.

Sufficient demand to absorb prompt
shipments of raw sugar and prevent
pressed sales gave . steady tono to
3M cents cost and freight for Cubas.
Futures were fairly steady, closing 8
points net lower to 5 points higher.
The range of prices:
New-York tribune., 1921-02-01
PhiladeIphia
Bonds
$1,000 Inter ny 4s.. so
Pittsburgh

81 81 Ann mi VT Prcds 111a liz 11,s 1iA
Srk Nat Gas. sal So So So
1So ISo Ssrbo Hyd pf.
9So 9SSo SarDegie L&z. 5 s
I2s Lone Star Gas S. 81 SIS ssss@ ssh
e e Mrs Ne 1T n. So 5s 5S s.
AZ AZ slarisnd Reg. $ 8
5a.Sstt nj Fireproofs SIS 6N 62 81.
S0 C,iio Cnio Fuel OH. 161s 1915 l6i% Iss
~ ~ S,ao Snio Fuel Sup. 4si1 4sH Ssss as
81 81 pps,anoIaa psh r, Gas 2e% 2a% as5s ssIs
So ~ ia riats Gl..Il5 liz li5 lis
west Asrbrake ssss ssM s5M ssA
New-York tribune., 1921-02-01

Coffee Futures ghter receipts and es-
Inmates OF 1900, 900 bags Rio and Santos
demand sufficiently to have any effect on
prices yesterday. and closing quotations
were points lower to point higher.
The range of prices follows
-Saturday'a
New-York tribune., 1921-02-01
Miscellaneous Markets
New York Bank Stocks

Mississippi River Power ist S.. 77M ISL
Northern Ont 1t & Power 6s. 65 6s
Northn States Pwr 6s 1s22.. 10 89
New-York tribune., 1921-02-01
siis,sss.sle.4s
LIABILITIES

Capital Stock ........, SIS, ,0Oe, 900 90
surplus and Undivided
pxokits tAfter DeducffnS
Accrued Taxes, Expenses
and Dsysdcnd1 .-... IL, ,4S8, ,6ge.60
Deposits >. $50. 58,S1b,d45.64
cheques Outstanding ..ss.. 8,742,613.8S
Reserved for Taxes 2Y8.40@ a8
Reserved for Dividend 10000. .l,tl
Dne Federal Reserve Bank
of New York Hs7E1dg.5a
1nteeeSt Payable ...., 245.pit.eW
Contingent Liability on
Acceptances Bought and
sold i0.eio o.4so.z5
tper contra) .s.'....... s,sss,51s.sI
s117.sss.s1s.4s
New-York tribune., 1921-02-01

EOutheFN Spot NEUTRALITY-SUSPICIOUS. Iulet,
10 points lower, at 1850: sales 71o bales
New Orleans quiet. 26 lower, at 14c; sales,
2 bales Mobile nominal, 25 lower, at
l3.7bc; sales nil. Savannah nominal, un-
changed. at l6c: sales nil. Memphis steady.
unchanged. at 14.5oc; sales. 600 bales
augusta steady. 25 lower. at 1856; sales.
27T bales. st. Louis steady. UNCHANGED.
at 14.50c: sales NIL. Houston steady. 90
lower, at 1Sc; sa!es 3,ol7 bales. Little
Rock quiet, unchanged. at 14.50c: sales
a20 bales Dallas steady. "a lower. at
:.66c; sales, 5,36i bales. MONTGOMERY
quiet, unchanged, at 135ocs sales, 81 bales
Fort Worth steady 40 lower at 12e0c;
sales 1,6G0 bales
New-York tribune., 1921-02-01
Federal and Joint Stock Land Bank

FEDERAL Farm Loan IS,
1s38-1s23 ....t......... s5A s6i< 5.33
isse-1s2s ..........:. - SO soA 5.ss
Federal Farm Loan 412s, i
1938-1923 ............. SO s0A 5.55
iss7-1sss - 80. - SO soA 5.s7
IS. 1sssSls24 80 ..e....... ssA sa eos
Joint Stock Land Bank
bs, I938-1923 ,...... 8sia SS gil
New-York tribune., 1921-02-01
The New York Trust
Company
Main Oniice. 20 Broad street

Main Qhtce, 20 Broad street
Fifth Avenue Office, Fifth Avenue and
5Tth street
NEW YORK.
statement Of January 1, 1921
RESOURCES
Cash in Office and Banks $lS,S3a, ,6SS.11
Loans on Collateral. y. 47,95s,T8
Bills Purchased ...i...s 81, ,070, ,Ss6.1S
u. g., Foreign. State and
Municipals ON u et
Value, ..s........8.s 1854. 1886
Bonds and Stocks Market
Value, .......3,..,..-'.... 7.4as. .sss.4s
Real Estate Mortgages. 3.706, 1874
Real Estate ............. 150,366.98
Exchanges for Clearing
House .........,... 1853. .a5e.sf
Interest Receivable ..... s36,sS8.a0
Customers Liability Ac-
caunt of Acceptances
fought ard Sold. $500. I0.0a0. Acc. .75
CuHtomers' LinbiIaty
Under Acceptaness 80, s,sss.si9.si
-----------------~-
New-York tribune., 1921-02-01

Four fuu columns Of in-
ressHeT,t questions and an
sscers are published i'm The
Tribune erery SUNDAY.
New-York tribune., 1921-02-01

Name OF Company Bid. Asked.
Salt Creek Producers, new. % 10A
Sapuipa Refining Co. As 47a
Western States OIL g. Land Co. u Il
New-York tribune., 1921-02-01
Cotton Statistics

Liverpool CabIes--spot cotton dull at 80
points decline: fniddling 8.6bd: sales 5000
bales, including 1000 bales American: Inn
ports 5000 bales. none American; tenders.
new docket. 5000 bales. Futures opened
quiet at a net decline Of 2 points TO an
advance of 10 points: March. 9.32d; May.
s52d; July, 972d; October. 9.83d; Decem-
ber,t 9.68d. Manchester: Yarns irregular;
cloths quiet.
Cottonsecd Oil
Tho market was lower under scattered
local selling. Total sales for the day were
The commercial. (Union City, Tenn.) 190?-193?, 1921-07-08
QUARTERLY COURT
- ..OBION COUNTY
Board of School Commissioners Takes
Place of District School Directors.
J.P. ATTENDANCE.

A. L. Giffin. H. P. Naylor. Alwyn
Brevard, T. M. F1ack. ]. A. Jackson,
F. r. Robertson. T. p. Palmer, ]. W.
Yarbrough, G.. d. Summers, F. W.
Cunningham, C. w. Curry. d. H. Bur-
nett, e. H. Bowers. J. w. Crockett,
p. H. Carroll, c.. M. Montgomery, w.
M. Freed, H. B. Fleming, C. P. Cald-
well, E. H. Russell. w. w. Pierce, ].
B. Skinner, ]. d. Mcbride, r. B.
Gantlett, ]. w. McCorkle. s. R. Brat
ton, r. C. Reynolds, A. X. Wells,
Alex Mitchell, Box Fox, A. M. Moul-
trie, H. Forcum, S. A. McDade, J. H.
Jonakin, G. G.Smith,.
County authorized to borrow as
much as $4,000, if necessary, for
bridges and leyees.
County Judge authorized to bor-
row money not to exceed $4,000 to
build road to Reelfoot Lake provided
citizens donate like amount and State
Highway Department appropriate
two dollars for each dollar furnished
by county.
The commercial. (Union City, Tenn.) 190?-193?, 1921-07-08
Tax Levy.

Judge Waddell tells us that the
county tax levy of Al cents will be,
on basis of twenty per cent reduc-
ton in assessment, equivalent to a
general reduction in county taxes,
but the school fund will remain prac-
tically the same, if not more, with
the addition of the revenues from the
poll tax collected from the women of
the State and the returns from tax
on dogs. The county, from its last
collection, has liquidated some of it's
Indebtedness and the present system
of road construction is operated at a
minimum COST Judge Waddell feels
that Mr.. Louthan, State Statistician,
will let the present levy stand. The
State tax levy, however, has not been
fixed and this will figure in the total,
maybe brimging the returns up to
something like last years total State
and county tax. Altogether Judge
Waddell thinks there will be very
little difference in the taxes of 1920
and 1921. AS we have been trying
to inform you in these columns, the
State needs more revenue to meet the
increased legislative appropriations,
and for that reason there can be no
general reduction in taxes.