davidaulloa/AmericanStories huggingface dataset:
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1921-01-20
ADVISORY BOARD
FOR NEW PRESIDENT
Business Men Would Like
to See Harding Have
Such a Body
EXPERT ADVICE
FREQUENTLY NEEDED
Washington is Full of Organizations
Trying to Influence Legislation for
Selfish Reasons and President Must
Need; BE Well Informed.

BY DAVID LAWRENCE.
Especial Despatch to The Rcformcr.)
E,,uy.rIrHt 1911
New-York tribune., 1921-02-03
Gnodyear Plan Ready

After innumerable conferences ana
much discussion definite plan for re-
financing the Goodyear Tire q Rubber
Company has been formulated. Drafts
of the plan have been printed, and ae-
cording to present indications an an
nouncement will be made at the end
Of this week or early next. The COM
mittees representing the bankers and
the merchandise creditors have agreed
to the terms and only few details
remain to be arranged. Interests iden-
titled with the matter said yesterday
nothing is now apparently in sight TO
interfere with putting the program
into operation. The plan, briefly, in
wolves the sale of $25,000,000 Of first
mortgage bonds to the public from the
proceeds of which the secured bank
ing credits will be taken care of. In
addition, Junior securities will be is
sued which will be turned over to the
unsecured banking creditors, the Sc
cured and the unsecured merchandise
creditors.
New-York tribune., 1921-02-03
New York Metal Markets

On the New York Metal Exchange tin
was dull with Glass A quoted at 81 .25@
3S.25c. Glass 29.50c asked and Straits
shipments 31.5o@34.5Oc. Copper dull.
spot, February and March 13c asked
Lead easy. New York spot 5.ooc and
East St. Louis spot 4.7Oc asked. zinc
easy, New York spot 5.35c and East ST
Louis spot 5.05c asked.
London metal prices follow - Tin
st-s.~,.lo Spot, el62 los and futures
alGS los with sales of $50 tons SPOT
and 800 tons futures. Copper, standard
spot, s6s 5s and futures 500 15s with
sales of SO tons spot and $50 tons
futures, and electrolytic SPOT e7s and
futures SIT los. Lead spot s22 15s and
fotures s23 5s. Spelter spot SEA and
futures G25
New-York tribune., 1921-02-03
WiIlys-Oyeriantl

Conferences of bankers are being
held from day to day relative to work
I.ing out plan for taking care of the
bank loans of the WHY'S Overland
Company maturing during the current
month. The amount of such loans is
said to approximate $20,000,000. A re-
newal of the loans was arranged last
fall, carrying them until this month
banker interested in the WHY'S
Overland financing intimated yestef-
day that another renewal Of the loans
might be made. Plans for refunding
the bank loans through the public
sale of securities have been considered.
but no decision has been reached as
yet
New-York tribune., 1921-02-03
Liberty Bonds Irregular

Closing prices of Liberty bonds yes
terday presented an irregular appear
ance. The first As were off 70 cents on
S100 bond at s86.50, while the fourth
4As moved up to 68 cents to $86.68
Changes i'll most of the others were
small, although the second and third
issues were considerably stronger.
Victory notes were virtually unchanged
at S97.16 to 1920.
New-York tribune., 1921-02-03
Sugar at New Season Low

Raw sugar sold at new low record
for the season yesterday, when prices
broke Il cent to 312 cents for Cubas,
cost and freight. This is equivalent to
about 4.52 cents, duty paid, and is the
lowest since January 7, 1916, when
duty paid raws sold for 4.515 cents a
pound. Reductions in refined sugar
continued, with several companies list
ing softer grades at 6.75 cents a. pound,
and virtually all met the Federals re-
duction on granulated to 6.75 cents a
pound, less 2 per cent for cash.
New-York tribune., 1921-02-03
Steel Untitled Orders

indications of smaller decrease in
the untitled orders of the United States
Steel Corporation on January were
seen in reports that bookings showed a
noticeable increase last week. Esti-
mates of the figures for the end of
January, to be announced soon, vary
from 100000 to 100000 tons, making
q reduction, on the basis of the latter
figure, of about 100000 tons from the
December 81 figures. The decrease on
that date from the end of November
was 873,359 tons.
New-York tribune., 1921-02-03
The French Debt

The foreign debt of France is Of
ticially stated in the 1921 budget esti-
mate at S3,273, 100000 francs accord.
ing to advices received by the Bank-
ers Trust Company from the Freael,
information service. The total French
debt is estimated at 2s5, ,836. .00o ooa
francs. The great bulk of the foreipn
debt. 790o0,0oo,o00 francs, is owed !
to the United States and Great Britain
OF which 4s,000,doo,oo 600 francs is els' est;,'
mated to be due the United States
New-York tribune., 1921-02-03
Middle States Oil

OF the 250,o0o shares of Middle
States Oil Corporation stock offered
pro rata to stockholders at $11 share
subscriptions to date aggregate moro
than 24s000 shares. according to
D. Saklatvala, president. This leaves
less Than 1000 shares for the under
writer's.
New-York tribune., 1921-02-03
Reductions in Paper Prices

Reductions averaging Is per cent, eff
fective at once, were announced yester-
day by the American Writing Paper
COMPANY
New-York tribune., 1921-02-03
I'm Vail Street
Czeeho-sIoyakia Seeks Loan

Representatives Of the Czecho-
Slovakian government are seeking
loan in this market, but so far have
not succeeded in obtaining financiai
support. A s3,O0O,000 loan, running for
one year at per cent, is desired. Last
month Czecho-Slovakia paid of a SZ,-
100000 credit extended by American
banks
New-York tribune., 1921-02-03
The Dollar i'm Foreign EXCHANGES

The rally which began late Tuesday
went further in the foreign exchange
market yesterday, when sterling sight
drafts went to S3.85, an advance of IA
cents. French francs rose from 704
to 7.14 cents for checks. Marks, which
had closed the day before at 1.57 cents,
advanced to 1.6Ok.
(Quoted in dollars to the pound.)
New-York tribune., 1921-02-03
Paris Market Irregular

PARIs, Feb. Prices were irreg-
ular on the Bourse to-day. Three per
cent irentes, 58 francs so centimes: ey-
change on London, sd francs 70 CEN
times; per cent loan, SO france az
centimes. The dollar was Quoted at ID
francs 81 centimes.
New-York tribune., 1921-02-03
London Money MarLas

LONDON, Feb. 2.-Bar silver, 36l4 d
an ounce; bar gold, lots. Money az
per cent. Discount rates-Short hi1ls
6as per cent, Three months hills. Gsa
per cent, Gold premium (at Lisbon, f4o
New-York tribune., 1921-02-03
Big French Bond Subscr;na;ons

FAKIS, Feb. 2.-Total subscriDtiane
70 the new 6 per cent loan. which
! closed recently, amounted TO 27 s8s /.
4l?,30o francs, it was announced Of
hfieeiiaily to-day. OF this sum 10 sas Z
Z86,os7 francs was aew money.
New-York tribune., 1921-02-03
Bid and Asked

Following are the closing bid and
asked quotations of stocks listed on the
Stock Exchange in which there were
no transactions Yesterday:
New-York tribune., 1921-02-03
Northern pacifc,s Oil Development

The current strength in Northern
Pacific in contrast to the weakness in
other railroad shares is believed to be
based on the company's plans for de-
veloping its oil properties. The next
regular meeting of the directors is
scheduled to take place February 10,
and it was limited yesterday that some
announcement may be made at that
time regarding an arrangement by
which oil operations will be expanded.
Two plans are said to be under con-
sideration, one involving the organiza-
tion of an oil company similar to the
plan adopted by the Southern Pacific.
and the other the leasing of the oil
lands to one or more of the large
producing companies on a royalty
basis The latter, it is declared, is
likely to be more acceptable to the
board OF directors. The companies
mentioned in current gossip are the
Midwest Refining or Ohio Oil, former
members of the Standard Oil group.
Under the stimulus Of aggressive buy
ing Northern Pacific shares advanced
yesterday to 88A, net Gain of 27s
points
New-York tribune., 1921-02-03
Copper Export Plan

The plan of the Copper Export As
societion for financing foreign sales of
to bankers is believed to be rapidly
nearing completion. One of the pro-
cedures necessary to carrying out
the plan was the amendment of the
bylaws of the association to permit
it to issue securities for the purpose
of financing foreign customers. A lead
ing copper man who has taken an i'm
portant part in formulating the de-
henture scheme said yesterday that
the proposed debentures would prob
ably run for not more than three years.
Two important banking institutions,
he said, will underwrite the issue. A
formal announcement of the details of
the plan is expected to be made early
next week.
New-York tribune., 1921-02-03
Dividends

ray tioiuSrS
RatePeriod. able. of rec,
Am 49n 20 scrlpt"35e - Feb 10
90 B..,.:.....-.3so Q Feb 10
Sun, Roch Pitts.SS S-A Feb 5 Feb 10
90 pf.:....,....S3 S-A Feb 15 Feb 10
Detroit un Rys.. ~ 9 Mar Feb IL
= = ~ etinan man CORP sl.Io G Mar Feb l6
| pf ........ $3.50 S-A Feb Is Feb 10
Lanston Monotype .1hfa Q Feb 3s Feb IS
HARRISON Walker
Refract .......1hss Q Mar / Feb 10
do pf..,........1laSs @ Apr ls Apr
New-York tribune., 1921-02-03
No Wage Cuts Considered, Gary Says

Taa question of wage reductions by
the United States Steel Corporation has
not yet been considered, nor have there
been any changes in the corporations
schedule of prices, Ebert H. Gary,
chairman of the finance committee,
stated yesterday. Discussing reports
of sales of German steel in the United
States Judge Gary expressed the opin-
ion that they have not been important,
but added: According to my informa-
tion Germany is making great indus
trial progress and spending large sums
of money for development purposes"
New-York tribune., 1921-02-03
More Gold Arrives

Lazard Freres received $1,250,ooo in
gold from Paris yesterday, making
$i7,50o,0go on the current movement
New-York tribune., 1921-02-03
Money and Credit

Call loans renewed yesterday at 8
per cent, the highest since November
II, and wheh, in the afternoon, the
rate was pushed up to 9 per cent it
reached the highest point since No
venlber 12. Time morey was also
firmer. Government Withdrawals to-
day will AMOUNT to $13,900000. max
ing total for the week of $40 100000,
compared with more than $100 100000
a week ago Increased shifting of funds
and marketing of large blocks of new
securities were considered important
factors in tighter money conditions
New-York tribune., 1921-02-03

Bank Clearings Bank clearings at
New York yesterday we're: Exchanges,
S899,315, 1856; balances, $83, ,73O ,121.
Silver-London, 36Ad; New York, do
mestic, bar, 994c; foreign, 61Ac;
Mexican dollars, 46Mc.
Canadian Exchange New York funds
in Montreal, S11s25 premium per
s 900: Montreal funds in New York,
S1O6.10 discount per $4,000.
New-York tribune., 1921-02-03
Summary of Stock Exchange Dealings

New York Tribune Inc,
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-09-12
President Picks Brainy Men.

President Harding has recognized not only
but the qualifications of expe-
rience peculiar to the task, in his selection OF
the American delegation to the international
armament conference to assemble in this coun-
try soon. He seems to have called upon the
more enlightened minds in both great parties,
in the choice OF Secretary of State Charles
Evans Hughes former Secretary of State Elihu
Root, Senator Henry Cabot Lodge, Republican
floor leader and chairman of the foreign reia-
tons committee of the senate, and Senator
Oscar W. Underwood, Democrat and leader OF
his party in the senate as he was in the house
This commission should be qualified to rep
resent not only the desires of the administra-
ton on the subject OF disarmament but the
sentiments of the American people as well.
1t is one of the biggest propositions ever
brought before the world, but how far it will
be practical for the great nations of the world
to go in this respect only an interchange Of
! views leading to an honest consensus of opin-
ion, will determine. Thereafter the great prob
lem will be to arrive at a basis of good faith
not only among those who may subscribe TO
the agreement, but other nations which may
be outside and might not be so easily trusted
At all events, President Harding's initiative
In the matter is laudabe, and he has enlisted
the best brains in America to try it out
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-09-12
Bath and tuberculosis.

IL everybody took a bath every day tuber-
cuiosis would speedily become a thing of the
past, declares an eminent British medical an
thority Considering the terrible raxages of
this disease, his statement in some quarters
may be regarded serious Indictment of the
unwashed- The British expert probably is cor
rect in his assertion. although the bare state
ment is open TO some Interpretation.
There still exists a certain proportion Of
the population which regards the process of
taking bath q special rite reserved for
Saturday night despite that the bathtub with
running water has been regarded as a neces-
sity rather than luxury In American homes
in fact as vital part of the house eouipnent
as the bed or table. Unofficial abIutions over
limited areas may take place during the week,
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-09-12
Irish Situation Hopeful.

There are signs of hopefuIness in the Irish
situation. The open and frank discussion of
the Irish problems by the British cabinet mem
bers and the delegation representing the Irish
republicans has certainly done nothing to in
Iure the chances for an ultimate settlement of
the issues. Lloyd George and the government
he represents have made concessions which
would never have been made ten years ago in
any conference. De Valera if he made no
concessions, at least let the cabinet members
realize that he wants the problems adjusted
without any more warfare
The Irish have zeal and fervor which have
held throughout the centuries and which have
gained strength with persecution and trouble
Inc British have characteristic Perseverance
which has been principal force in holding
their government together and retaining their
colonies. Each side has an abundance of de-
termination-and determination has often
proved to be more powerful than immense
armies Sept. 20 will be the big day. De
valera and his delegates have been invited to
inverness for that day to discuss with spe-
cal committee representing the British cahi
net the six conditions which the British eov
eminent has declared for. The head of the
Irish republicans will be given the opportunity
10 define what he considers to be ambignous
language in some of the six declarations He
VIII be promised honest hearing and II ie
not impossible that further concessions will
be made by Britain. But it seems that he
Valera himself will have to make soma ron
cessions if the trouble is to be adjusted #
mas been the history of progress since the ba-
ginning of time that complicated problems bavo
usually found their solution tbro,ob -
concessions.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-09-12

but the bath proper holds sway on the night
Of the seventh day. The advocate of the daily
bath perhaps did not wish to specify that the
thoroughness OF the Saturday program should
govern every "a hours. but be may have had
in mind the benefits of cold morning shower,
that invigorating breath-taker that requires
more nerve than some Of US possess
The first bathtub in the United States sup
posedly was installed in 1912, and 1t received
the most severe medical censure Prominent
cities discussed in council the ACCESSIBILITY of
prohibiting bathing in these tubs, especially
during the winter months. Many grandmoth-
ers of the present day still caution against too
frequent bathing The country has made con-
siderable progress, however. since 1912, and
the English physicians dictum will not pro-
woke a storm Of angry dissent even though
many will remain mistaken in their fealty to
Saturday night
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-09-12
WATCH FOR 1T"

II you miss train or a trolley car
It's more or less Of an aggrayation
But 1t isn't tragic loss by far,
And so, on sober consideration
although the thought of your slowness smarts
You'll take your luck with pleasant sn,iIa
and say, as the car that you missed departs
"There1l be another after awhile,"
II you've missed a chance in business wav
Don't face the future with gloomy glapces
FOR fortune frequently, day by day,
Gives other lunches and other chances.
Ii you fan in getting the girl you sought
Don't take the thing in a tragic styIe
Console yourself with this cosmic thonqbt
''Thereu be another after awhilet.
It's well to get on the proper train.
To take your chances, to get your girl
But foolish indeed to rack your brain
With what you've missed in the busy uh;r,.
For If what the good book says is true.
why, after time of test and trial
If this life doesn't prove good tn VIM
There1l be another after awhile,
Copyright. 1921, by Newspaper Enterur4se.|
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-09-12
Placing the Blame.

significant statement in connection with
the Dressed Rosen peace treaty is furnished by
J. R Howard, president Of the American Farm
Bureau federation. He tells how the farmers
are suffering from the after effects of the war.
He says:
Our failure to ratify the Versailles peace
treaty in 1919 is largely responsible for the
slough through which agriculture is struggling
The blame for agricultural stagnation must be
placed at the door of those who blocked peace
ratification two years ago. If America had
ended the state of war in 1919 we farmers
would be so per cent better off today"
1t is becoming plain that the rebuilding of
a ruined world could not be started so long
as uncertainty gives only foundation of shift
ing sands TO build on. 1t is not surprising that
business men whose plans for rehabilitation
have been delayed for two years and wage
workers who looking for jobs because of
that delay are taking the same view as the
farmers and wondering if two years OF stag
nation was not too high a price to pay that
politicians might put administration in a
hole The country lost two years by the fail
ure to ratify the Versailles treaty that it now
agrees in the Dressel-Rosen separate peace
treaty Is good enough in all its essentials for
the United States TO accept. Farmers and
wage workers. generally will agree that Mr.
Howard has placed the responsibility for the
TWO years loss Of time wheIe II belongs
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-09-12
Railroad Efficiency.

Every railroad accident brings odium upon
the management, but there are few compli-
ments for job well done under particularly
trying circumstances such as on Labor day,
which has come to be a great travel day in
America 1t was estimated that 1000, 600 re-
turning vacationists and pleasure seekers
sought to wedge themselves into Manhattan is
land before midnight last Monday. What this
meant for the railroads may be judged by this
paragraph from the New York Times:
THE Pennsylvania had an even more COM
plicated problem. The station held not only
the heavy through train traffic but all the extra
traffic from tie New Jersey coast resorts from
as far south as Atlantic City. In addition there
was the beach exodus from the Rockaways,
Long Beach and other Long Island points
where the last triple holiday of the summer
had taken a crowd that made the sands black
for miles Every train from these places had
at least four or five sections and some had
eight sections. They made a continu-
stream and placed a heavy burden on the
dispatchers.'
To have handled this traffic without single
mishap was an accomplishment and a tribute to
modern methods of railroading. Compare this
with the account of railroad methods prevail
ing in the early 70's, recalled by the 50th an
niversary of one of the most disastrous wrecks
in New England, that occurring in Revere on
the old Eastern railroad, in which 80 persons
were killed and 81 injured in a rear-end COLI
sion. AT the time of the wreck, the heaviest
period of summer travel, 1872 trains a day were
being run when the schedule called for but
152. Each conductor station master had to
look out for himself under the running regu-
lations of the road and need expect no assist
ance from headquarters. The road did not use
the telegraph in directing the movement of its
trains; there were no block signals, and
the hand brakes were still employed. Railroad
wrecks, unfortunately, have not been wholly
eliminated, for new science has brought its
own risks. But whereas so years ago what
passed for management called for reckless
ness on the part of employees, today accidents
usually occur only when an employee has dis
regarded specific instructions for safe running
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-09-12

Fatty Arbuckle is in Jail in San Francisco
charged with the murder of moving picture
actress who had attended a drinking party IN
his hotel room. The young woman, 1t is as
serted, died in defending her honor. ArbuckIe
had made millions laugh. He was regarded as
one of the funniest men on the screen. Nine
years ago he was a bar boy. His Climb TO
fame had been rapid and he had earned for
time. was assured a permanent place in life
with everything at his command that could be
had through friendships and money, but he
lost it all in an unguarded moment when he
allowed a bestiaI impulse to get the better of
him Thus is another idol shattered.