davidaulloa/AmericanStories huggingface dataset:
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-06-21
HOT CAMP PAIGN
IS WACED IN
LABOR \ MEET
Gompers and Lewis Sup.
! 'porters canva's'sing Vigor-
ously For: g !: SUPP port.
EsTWILI COM q :is
KIDAY ERNOoN
Both Factions Claim Major.
ity Of Delegates, But
Claims Overlap.

ing Of the American Federation
Of LABOR today asFesolution pre-
! sented by the largo, n. p,
Trades and Labor Assembly. ask
ing labor Endorsement Of the
d Nonpaftfsan leAgne program; and
assistance in selling bonds of the
State hank OF North Dakota. was
b referred to the executive council
without Recommendation.
Denver, June 21.--Campaigners for
both John L. Lewis, president of the
United Mine Workers and Samuel
Gompers, candidates for the presiden-
cy, were working at top speed today
when the sessions Of the annual con-
vention of the American Federation
Of Labor were resumed.
Supporters Of the candidates We're
busy throughout the night and con-
ferences were held that are reported
to have considerably changed the
lineup of both sides in the contest.
Both candidates expressed them
selves as confident Of victory, declar-
ing that they had been pledged suf-
ficient votes to win. Their claims,
however, conflicted and no accurate
estimate could. be made of the votes
that each would probably receive.
Official announcement of the deci-
sion Of the representatives of the rail-
roau .h Ino ~ wAe snysa.r. 49,. ~. Inw,.
est. az yv.tl ,s ~ sat.st.s @ - AZ
suppoIteL's clalnleu % 9 9 5'i1 ~. - SO
S. The electrical workers and the In
I'd dDhationaly Ladies' Garment Workers
were M aiso a c.aaHoa oy uul1 aaa, InaS .aSsS
Inc LeWas PPpDIa..teH tvuas. .u"a 49,.
sne u Ama ma ~, Wnxta-s M,ne Nj, III IND
stee, anu ~ ~ As, patI-,, 80 S.r. ~
smelter VOICE. ena "a .,rs,a a..Was 49,. :,
men, anu ne.y y, y.s toy s: =: 4,,S,. IT, =.
etAte ana Iv. cens =. I1s1nH ~. rsn.itn-
lists union, nine workeIs ana caIpen.
ssers aha lolnsIs $. t.nNnE-i.Sn. unso-iSn s.e
aiareest ~ tne IeoeIxtio1 ,nsnI W1sn so- lti
olnea votanS 1!INsslo st.Sns.n =. .nS .av.S
NeatpeI s Tsns.Hss gIssE ~. ~. 1,;ss.@ ~.
mcnt; tput Le1 ;x s. s.I snae s,s. ,..,;n us hts
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-06-21
NAVY AIR SQUADRON
SINKS GERMAN SUB:
SEAPLANE WRECKED
CHARLES g. DAWES !
IS NOhIN TED FOR
DIRE E Or OF BUDGET

Washington, June 2l.-Charles
G. Dawes, tn Chicago banker, has
becn sesecssd ~ Presadent Harding
for director of tbs budget under
the bods,t Law recently enacted ~.
ConSFe08. =. AZ. 5 81 K. Z. S9as,
MIR. Dawes WiA take once July 4.
the date hxed n the Law for i1a.
aueurAfi0n Of the new fscal system.
Mr.. Dawes served ~ = brigadier:
/, general In the AmeFicnn ,.expelii-
tionary forces ard 1t one, time was
prominently under consideration
I for, secretary OF the treasury In
President Hassainss cabinet. &
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-06-21
Nearly Eight Million
In Wisconsin University
Appropriation Bill

T Madison, Wis, June 21.-Funds for
operation and maintenance OF the
Hon dollars for the next two years,
will be raised by the present general
property tax. rather than by surtax
on incomes as q result Of the assembly
action today in killing, IS to 40. the
Dahl surtax amendment to the uni
versity appropriations bill.
Following rejection Of the Dahl
amendment the bill was sent to en-
grossment, 81 to 81, and then with
rules suspended was passed, So to ~.
It will now go to Governor Blaine for
his signature. which is expected.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-06-21
Big Seaplane Takes Fire And
Dives With Three Officers
And Seven Men, Who Are
Reseued Uninjured; Army
Plane Crashes Down But
Pilot Is Saved.

Washington, June al.-Naval Sea-
plane NC-7, caught fire while $50 feet
in the air and fell into Hampton
Roads today with her crew Of three
omcers and seven men, the navy de-
pArtment was advised by the COM
Mandant Of the Hampton Roads naval
station. The machine was reported
complete wreck, but none Of those
aboard were injured, though one man
was made i'll by drinking a mixture
Of salt water and gasoline while strug-
Cling in the water. :.
The crew was rescued by a nearby
tug, but the plane could not be saved.
The report to the department said the
big aircraft Of the same type as the
NC-4, the first heavier than air craft
to cross the Atlantic, was on it's first
flight and that 1t was not participat-
ing in the bombing experiments
against the former German subma-
rine U-1l7 of Cape Charles.
The plane had only recently been
completed and was running low over
the water when an explosion occur
red. It quickly caught fire and
dropped. The cause Of the explosion
has not yet been determined. The
naval board of inquiry will conduct
an investigation.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-06-21
SEA MYSTERY
A PUZZLE ! TO !.
AUTHORITIES ] /: / / I !;
|Ettt Ettrtange Case Of Missing
Vessel Being Probed by
/ Officials.
~. ~. !. !, ~ 4, s.. ~. q.

@ = Ashington. June 21.-A world
search for the missing crew Of
/ schooner Carroll "A. sDeering Of
\. Maine, which piled on the
Carolina beach last January
s6h All sails set. hut ,nota living soul
f. allaard, has been started by the state
1 rtment through American con-
The mystery Is being investigated
the department. Of commerce as Is
(eo the unexplained disappearance. Of
American steel freighter Hewitt,
Of Sabine Pass, Texas, Tor Bos-
This craft disappeared at about
knme time that the Deerinf came
hore. (, - J.
The! summary. Of the history of the
esrihg case as sent to consuls by the
ate department. discloses that whom
e Deering passed Cape Lookout
ghtship. North Carolina. on January
bound from Rio de Janerio for
orfolk. man other than the master
ePorted that the vessel had lost both
nchors and asked to be reported to
Ss owners. e4$ 4 ~ ll5s.s..
Five days later the. vessel was
0und on the beach in what the state
<eeecSHDA seAAVAS 0oS>01 1UVS 60 III 3uC1l EOH.
Cdition that there is every suspicion OF
sgoul play having occurred"
The departments summary also
4slys that short time after the Deer
Ing parsed the liEhtship, = steamer,
the name Of which has not been as
gcertained, passed the Msbt vessel and
sWas asked to ostop and take q message
for forwarding but no response wae
Sreceived to the numerous attempts
on the part OF; the master Of the light:
ship to attract the vessels attention" !"
f The departments summary then
says that on April II, the following
message was picked up in bottle
near Cape Hatteras: ys7 vi
Deering captured by oil burning
boat something like chaser taking of
everything. Handwriting crew. Crew
hiding all over the ship. No chance
TO- make escape. Finder please mott
~ headquarters Of Deertng."
The schooner carried 4 motor life
boat and q dory,' the state depart.
ment's summary continues but
neither. Of them has been picked ur
and no wreckage from them has
been found. Most OF the provisions
clothing and supplies Of the vessel
had been removed" : s
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-06-21

London.-The British prime minis
ter. in opening the imperial confer
ence, referred TO Anglo-Japanese re-
lations in terms regarded as assurance
to the United: States that any \ re-
newal OF the agreement with Japan
would be unobjectionable to America.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-06-21
Army Plane smashed.

Washington, June 21.-Just after
sunk today off Hampton Roads by
bombs, Leutenant Colonel Culver, fly
ing an army plane. crashed down near
the U. s. 8. Henderson. He and his
assistants were rescued by naval
boats. 49,. -.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-06-21

W. y sr-, /.
Bonds, United States,
3 State and County. ...$ 1.e7S,79
Loans to banks -. 49,. !: 2;o5s,o7
Loans on warehouse re-
ce1ptS ...4.....S.....5. oS,lV
Loans to public institu
tons & departments. 1,217,00
Loans on real estate ~. 1,64f,S4
Interest :eaJned (net) ).
and uncollected ..... PASS
Furniture and fixtures. ..52,3S
Due from 374 deposit VI,
pakota ialk sA"1s ersdepoatso:. - ssa s,7s7.7o !
Due from correspond
\ ent banks outside gof 5
North Dakota .6.a... 6S.73
banks in the state. J. 7e.47
Cash items due from &
the state and public
corporations =. 84,49
Cash on hand and caAh
items .i.s..s... ....... 6O,1d
Contingent fund Estate ;
treasurer's registered 4. ].
State treasurer: Farm.
loans delivered, for
r bond issue. u. f. ,541,84
Total : rresourcs,,s. B. ,il.b77.o1
capital \. {. \. 8. &, 1000. %
Y Surplus -. :. ~. Ak AO,OU
Reserve to repay l6giS- 80
lative appropriation 74.1 Q
Reserve for 'depreciA-
ton on furniture and \ !. . s. Y;
ff. . > is.st
Net profts, 1870. ..... 13l,s3
Net profits. 1921 ..E.... 80
sfee1t j. :: IS ;...;... 4,31
Cashier checks y; B. /. y y y
E,Indiyidual lgdepoaits 4. a. 81 1sOe
asas fsse. aseoa.: :: y u. :ts...s
Pubic dspoettA gsnerAl T:s q: /:
al and other fund.- state Y, s Ell
aatreAsurer @ and state
u instit {. !. !. !. !. ). 6
Public depoMtA general llsi
Il and other. funds.
county, city. town 8ssgg.; Ss Il.
ship and school treas
Due 10 depoAtarys banks
(reoeryee) 3s & !. !. !. !. 3... 4e0.3S
Collection items !. ]. 1871 y
Rssistsrsd chscks !. ~ M,... 7a;s1
To.a,t i.assA,,ss {. si1.577.sil
New-York tribune., 1921-09-05
Silks

Business in silks has been moderate.
The raw silk market remained quiet
all week. Broad silk houses report
that the demand is not particularly
New-York tribune., 1921-09-05
Stocks Rally
Continues i'm
Paris Market
Absence Of Disturbing In
ternationaI Complications
ard Lack Of Offerings
Principal Price Factor
Special Cable to Ths Tribune

Copyright, l9Zl. New York Tribune Inc
PARIS, Sept. 4.--Improvement in the
general commercial situation con
tinues here, and a wave of optimism is
passing over the Partisan financial
markets. The partial recovery of in
dustrial affairs, especially in automo-
biles. is serving to increase cash pur-
chases in the local market. Buyers ap-
parently are showing a desire to take
advantage of present low prices of in
dustrial and bank securities.
The revival is gaining momentum
from the absence of international com
plications and from the lack of offer
ings of favored issues. The movement
reflects the slim mutation of prices to be
expected from easier money, and in
dustrials so far have benefited most
Habitues of the Bourse have been ac-
tive in the last week.
The generally optimistic tone of the
market has been accentuated during
the week by the presence in France of
some of Americas leading financiers
but the deplorable condition of nation
al finances has somewhat modified the
hopeful outlook. The sub-comni ittee of
the finance commission of the Chamber
OF Deputies, appointed to discuss the
suppression Of the bonus granted state
employees to meet increased living
costs, will probably favor bonus on
different scale to coincide with the
change in the index figure of the cost
of living. The suppression of the pay
ment would mean an economy of 49,
100000 francs, but such a saving is
hardly possible now.
The rise in cotton prices during the
week helped the position of industrial
banks, especially the Egyptian group.
Banks in the Mexican group also re-
ceived support because of the improved
outlook in that direction, and Argen-
tine banks participated in the upturn.
Further developments tending to i'm
prove the financial situation included
the announcement of the proposed in
crease in the capital of the Bank of
Paris of 5o,Ooo,0O0 francs by the issue
OF 100,000,00o new shares. This was
taken to indicate preparation for 4
trade revival of large proportions.
New-York tribune., 1921-09-05
Berlin Market
Dependent ON
Marks Change
when Value of Currency
Is Weak Securities De-
velop a Strong Tone !,
Movement Now at End
ret.UIp in Trading Seen
director of Reichsbank Ia
Able to ID e err m N e
fluctuations of Marks
specsol cable to The 7'ribane

coryrighs 1921. New Tork Tribune Inc
gERLIN, Sept. As-The position OF
,he German financial markets is de-
,sadent almost entirely upon the
rovement in the foreign exchanges.
When the mark is weak German Sc
rurst;as rise and vice versa.
+, The decline in German exchange which
cot in last June at the time the gov
eminent was compelled to enter the
market ss a buyer of foreign exchange
II erder to meet the reparations pay
merits. has come to a halt with the
nsvment of the first billion gold m arks.
Actually the market has shown slight
Improvement during the last few days
and has move substantially above the
recent low water levek
Traders in the German securities are
awaiting developments in the foreign
exchange market The question of
whether the market will improve or re-
cede is difficult to snswes at this time.
although measured in terms of real
economic values it is unquestionablc /
that the mark must eventually reach
lower levels.
Already the Reichsbank is preparing
for the reparations payments due in
1922 TIE central bank has begun its
nurcnss!ng operations in foreign mar
kets in an effort to collect sums neces-
ssry to meet next years payments to
the Allies. These operations are the
determining factor in the movement of
German exchange. Should the Reichs-
bark stay out Of the market for the
Immediate future. or use its financial
resources to improve exchange, it is
quite possible that the market would
continue upward. However, when the
gsichsbank has TO enter the market
again as buyer the inevitable down
ward trend of the mark would be
resumed.
New-York tribune., 1921-09-05
From the Financial Listening Posts OF Europe
British Unemployment Looms
As Big Government Problem
English and German Financiers and Manufacture
ers Possess Infinite Patience and Dogged De-
termination, Else They Would Have Failed

mands. Nobody can foresee the end OF
this situation.
Despite these highly disturbing fac
tors, it is still possible to report con-
tinued Improvement. England is pass
ing through an exceedingly trouble
some time. but she is making steady
progress. The cotton manufacturing
centers are feeling the disturbances in
India, and great freight-bearing steam
ship lines are suffering from the stag
nation in international trade. Manu-
tacturers at Sheffield are forced to
watch the steady increase monthly in
the imports of cutlery and other hard
ware from Germa any. British camera
lens makers, who thought they had
erasped the opportunity presented by
the war, now face strong competition
from Germany, whose total exports to
Britain during July exceeded by $780,
600 those of June.
The ether side of the picture is more
pleasing. Exchange is moving in Great
Britain's favor and exports show a
slight increase. Labor is taking a
common sense view of the situstion
and accepting the reduction in wages.
There is no. question in the minds of
British business men that GERMANY
will soon be powerful commercial
competitor in many fields and they also
are inclined to underrate their own
ability to meet this competition. On
the other hand, they believe that the
foreign markets will increase next
year and that Russia will then enjoy
more stable conditions.
On September / the war came to an
oficial end, and now the lawyers have
thousands of war claims to adjust
Germans and Austrians can now trade
in London exchange and shares can be
registered in their names. The dis
carding of the defense of the realm ac-,
with its restrictions, affects people of
every walk of life.
New-York tribune., 1921-09-05

meate the trade. Under the stimulus
OF the auction to be held September 19
by the New York Fur Auction Sales
Corporation, at which approximately
S3,500,000 worth of furs will be put on
the block, business will show a decided
improvement, in the opinion Of leading
fur factors. With the first spell of cool
weather, buyers are expected to re-
sumo buying on more liberal scale.
Leather
The only bright feature of the weeks
trading again was furnished by the
South American hide market. With
European buyers apparently desirous
of covering future needs activity in
the River Plate section has been fully
maintained. As a result of this sud-
den revival of buying, stocks of the
choice grades are said to be at /, low
ebb. Prices now are in the sellers
favor.
The local hide and leather markets
were more or less stationary last week.
although the outlook is regarded as
more favorable. A small volume Of
heavy sole leather was sold to shoe
manufacturers and cutters. Upper
leather conditions showed little change.
Although many shoe factories are now
being operated at little more than 10
per cent of full production, large
number of manufacturers are sold up
for the next few months and will not
promise deliveries. Goods intended for
spring, 1922, are already beginning to
appear on the market at about the
same prices that prevailed last spring.
New-York tribune., 1921-09-05
How Youth Cen Endow Himself

low a Youth C2n Endow Himself
Question-Will you kindly advise me as
yest.ne from 5000 to- $500 a year?
am twenty-five and am 20 be married next
spring Both my hancse and / are self
supporting and are contenp pla ting her con-
tinuing work fe. a while after we are
married. was in the service but did not
SSTtlA4a NY gosern.Dent insurance. Now
policy The exact terms do not at
present know notice that you advocate
bank account Now should start
bank account. renew my government in
surance or invest IN some one Of the
more. solid securitiese l helieve that OF
ea EstIrn for my money. with every bit
as much opportunity for borrowing in
ssou 1000 Insurance. I would NOT bother
you With this letter were it not for the
iaet that l DO not know where can get
Sdshe. save from you.--T. r. S.
Answer-We advise you not to marry
without adequate life insurance. The
fact that you are eligible for govern
ment insurance is fortunate, for it is
cheaper than private companies are.
Ten thousand dollars ordinary life in
surance at your age will cost you less
than $500 a year, and there is no better
investment in the world, so far as we
know, for a youth in your position.
Don't think that you have to die to
win, because you need the protection,
which has d real value if you live, and,
besides, the policy viii have al in
creasing cash surrender and loan value.
We think ordinary life is best for you
because you need the greatest and
cheapest protection in the years when
Your earning power is developing and
you are accommodating an estate. An
endowment policy is nothing but term
insurance plus the investment at about
q per cent of that part of the premium
which is left after taking out the cost
OF the insurance. If you die you get
the insurance and if you live you get
tha endowment, but you cannot get
noth, though you pay for both. For
that reason we advise you to endow
yourself by saving. Take cut some
building and loan shares, say about SO
a month, which VIII run INTO $4,000 in
about eleven and half years. Then,
II at that time you can invest the
$1,000 safely at per cent, the income
VIII carry ten more shares without
touching your principal. Thus you
VIII have S4 900 in twenty-th hree years
for a capital outlay of $40 4 month for
l5S months. A $4,000 endowment policy
would cost you at Your age about S19212
a year, 3,842.40 in twenty years. We
do not know the banks in your neigh
oorhood White Plains), but you ought
10 be able to find one which will let
you maintain checking account there
II you carry say 5000 balance. 1t is
Always good thing TO have banking
connection and the services a bank can
and does perform for depositors are
well worth the foregoing of interest
q the deposit, not to speak o. the
convenience of paving current bills by
New-York tribune., 1921-09-05

'opyright. 1921, New York Tribune Inc.

Sopstsht, lSSl, New YORK Tribune Inc
LONDON. Sept. 4.--Inhnite patience
and dogged determination are virtues
possessed in no small degree by Brit
lsh and German financiers and manu-
factarers, or otherwise they would have
long since lost hope of returning 70
normalcy, as Harding put it. During
the week the Berlin government faced
serious political crisis, wherein the
old militaristic element threatened to
upset the republic. The Wirth govern
ment has emerged stronger than ever,
FOR the German masses gave proof they
were determined to let nothing inter-
fere with their present policy. The
British press pays high compliment to
German industry and devotes many
columns to describing commercial prog
ress in Germany.
Solving the problem of unemploy-
ment is the biggest task confronting
the London government at the mo-
ment. Unemployment exists all over
the country, bue it is in the east end
Of London that it is most menacing.
The Lleyd George government decided
last spring to shift the chief respon-
sibility for maintenance of the work
less population from the national
treasury to the district authorities.
Theoretically this was wise move,
because the local authorities should
be the best Judges as to the merits of
dependents c.Asns. The local boards
have found themselves between the
devil and the dcep sea in meeting tits
problem. Apparently it is their
opinion that the unemployed need
larger doles than they received from
the government. Local taxpayers
have raised a storm of protest against
the rates fixed, and the unemployed
are even more violent in their de-
New-York tribune., 1921-09-05
Apparel


Comparatively little activity was ap-
parent in the fur trade last week. Little
reflection of the fairly brisk business
done by retailers running August sales
was found in the wholesale fur gar
ment trade. Retailers still pursue a
chary buying course, although their
stocks are believed to have been dinin-
ished by the reported big demand in
the early part of August Steady prices
were maintained.
Despite the temporary lull in the
market, optimism continues to per-
New-York tribune., 1921-09-05
American Telephone & Telegraph Co.
12sth DIVIDEND

A quarterly dividend of Two Dollars and
Twenty-Five Cents per share will be paid
on Saturday, October IS. 1921, to stock
holders OF record at the close OF business
on Tuesday, September 90 1921.
II. BLAIR-sMITH. Treasurer.
New-York tribune., 1921-09-05

normal years. Jewelry povelties con-
tinue in the van, with women's im-
ported bracelet watches and mems high
grade American watches also active sell
lers.
Retailers have not yet deviated from
their cautious buying policy, judging
from the small volume of orders turned
in by statesmen of wholesalers. Little
activity is apparent in the manufac-
turing line. Diamond dealers reported
little improvement in the demand for
diamonds. Business in the European
markets still trends upward, according
TO local merchants.