davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1921-06-28
Himalayas.

Geodetic observations in the Himaiaya noun
tains have led TO a belief that these great noun
tains, the mightiest on the globe, are constantly
moving sdewise toward the south with a con-
seauent crumbling Of the siwaix hills. II has
been long known that there exists curious ano-
MALES in the density OF the earth under these
mountains and In the Vicinity which would seem
to verify the creeping theory. but II is difficult
IL not impossible to make accurate observation
as access to the Tibetan country is forbidden to
foreigners even those who would like to visit
the country purely In the cause or science
The Washington times., 1921-06-28
Washington s
Counsel Wins
m HE Admiral Sims incident is

closed. We have no doubt that
Secretary Denby's manner of
closing it will be approved by an
overwhelming majority of his coun-
trymen.
It is not to be doubted, also, that
Sims, whose habit Of indiscreet
speech is incorrigible, will probably
not be able to keep out Of his ele-
ment-hot water-long.
The mischief done by indiscreet,
un-American naval officers like Sims,
who cannot resist the temptation to
engage in foreign political contro-
versies, is that it divides their own
countrymen.
This is shown by the fact that
newspapers like the New York
Times and New York Tribune, which
are described by the editor Of the
London Sphere as "more English
than any English papers," sternly
rebuke Secretary Denby for, doing
his plain duty in reprimanding Sims
for failing to do his.
We are sorry to see such a strong
! Republican paper as Mr.. Munsey's
Herald also taking the narrow Eng
/, 'lish, instead Of the broad American,
view.
In his immortal Farewell Address
to his countrymen, Washington said:
: Excessive partiality for one
foreign nation, and excessive dis
like Of another, cause those whom
they actuate to see danger only on
one side, and serve to veil, and
even second, the arts Of influence
on the other. Real patriots, who
may resist the intrigues Of the
favorite power, are liable to be-
come suspected"
The Farewell Address of Washing
ton was four years in preparation,
and was the joint work of Washing
ton, jefferson, Madison, Franklin
and Hamilton - the GREATEST
GROUP OF STATESMEN THAT
EVER LIVED.
The wisdom of these men now
seems superhuman because what
they said applies to the situation to-
day as aptly as it did to American
principles September II, 1896.
Mr.. Wilson's League Covenant ran
counter to the spirit of that mes
sage. So did the Sims speech in
London. So does the Tory press
always.
The Washington times., 1921-06-28
Mr.. Hays POstOmce
SaUing Plan

The erich man panic" still going on having lasted
already twenty months. If you shed tears about the
tinua dropping of stocks, shed BIG tears for big
chiefly paying the bills Since the first of this year
about ninety million shares of stock have been sod and it
has been one steady drop BY by there will be splendid
bargains. Watch be patient.
The most hopeful thing for business and especially for
big business is Postmaster General HAYS determination to
make the United States Postal Savings Bank what ought
to be- encouragement to saving and thrift and not
Encouragement.
An excellent public announcement by the City Bank Of
New York says:
'In backward countries banks are but little used by
the of the people, and money boarded becoming
dead asset. bank becomes pool into which
drained thousands of small sums easily wasted, not
wasted, unproductive by themselves and the sums
accumulated become active agencies in the life of the
community Untold millions of gold and silver have
flowed into India and disappeared If the woulds
deposit them in banks invest in industrial railway
securities the effect would be to radically change indus
trial and living conditions in that country The increased
demand for labor would raise wages the newly provided
industrial equipment would increase production, the
higher earnings of the people would absorb the produc
ton and the general standard of living would be raised"
What is true of India gigantic scale in proportion
to the wealth of the country is true of the United States
largely Workers of foreign birth hoard money which
dead asset They will trust but the Government
of the United States.
The Postmaster's plan is to pay per cent interest
instead of g little enough heaven knows in these days,
when the Government is borrowing per The Post
convenient including the absolute security and easy iden
cation that will be part Of finger print system, will do
much increase prosperity that the country needs
1t is bad enough to have five million idle workers, mil
lions of idle machines and idle horses and tens of millions
of idle that should all be producing wealth We
haven't yet learned how to overcome that
But there is necessity for having hundreds of mil
lions of idle money, a dead asset" producing nothing
Such management of the postal savings bank Mr..
Hays is carefully planning will bring out the hidden
the people will be allowed deposit it when they please
get interest at once and draw out the money when they
please They will realize that they have the safest most
convenient savings bank system in the world
The Governments low interest rate, per cent while
bringing out the hidden money especially of the foreign
born will in way interfere with the savings banks
On the other hand it will provide large working capital
for other banks with which the Government at 3a
per cent interest will deposit the savings of the little people,
to lent out in turn by those banks most protably at
or per cent--more in many cases.
The Washington times., 1921-06-28

Second Looey bulldozing
overflow meeting Of Juniper
Berry Piokers of High Rent
Area. Second Looey is man
who meets one-armed soldier
hanging onto high cliff by
one hand. Instead of saw
ing him. Second Loosy rep
rimands him for not salut-
ing. Looey is addressing:
The Washington times., 1921-06-28
How Strong Is a Man.

The limit OF weight mar support on his
shoulders has been put at $50 pounds A strong
man can lift 236 pounds with both hands but the
average person would find difficulty in raising
half that weight
The Washington times., 1921-06-28

Il HAVE NOTHING TO
SAY. I WON'T SAY 1T, MY
HEART 10 TOO FULL AND
MY BRAIN TOO EMPTY
FOR UrTERANcE. GOOD
NIGHT.
The Washington times., 1921-06-28
The Tomb of Eve.
'sIstered o. . FHtent
Ry X. c. Y.

A mile to the north OF Jeddsh lies the tomb
Of Eve II Is in many respects remarkable
monument famous for it's great length. as IL IL
contended that Eve very tall The tomb 10
. Mohammcdan shrine.
The Washington times., 1921-06-28
/ DENY 1T.

Brigadisr general estab-
fishing tearjerker before
cosmopolitan detention camp
of Bottle Gazers OF Lost
Continent:
The Washington times., 1921-06-28

Rear Admiral spinng fer
vent defense OF four-button
vests before large gathering
of Revolving Door Jockeys
of Linseed speakeasies of
Manhattan Vestibules:
The Washington times., 1921-06-28
Mr.. B. Baer
FUTURE SPEECHES.
copvr.sh. 1891. BY star compsuy.

Ever since Ad Sims opened
wrong package of birdseed,
here In o. d. Government
issue speech for all set occa-
sions.
The Washington times., 1921-06-28
Il Modern
DeLusiOn
MODERN delusion is that most
\ if not all of the value Of

finished product is due to labor.
This is reaction from a former
delusion once prevalent that all the
value of finished product was due
to the master who controlled labor.
Neither of these views is correct.
The Communist, the I. w. w, the
fanatic announce as self-evident
truth that it is the labor alone which
produces; so labor ought to control
the production and to get all the
profits.
As a matter of fact the greatest
producer of values in the world is
not labor and not capital, for capi-
tai is nothing but crystallized labor;
it is brains.
By brains we mean not merely in
tellectual capacity; the term should
include all unique endowmepts or
special gifts that make one person
a master workman.
Not long ago a workman expressed
himself thus:
"I'm tired Of doing hard work
for low pay and having fellows get
big money and do nothing but sit
around at desks. Why should the
general manager be getting $780,
600 year when I am getting only
$1,000? He doesn't work any
harder than ! do, and not as hard.
! see in the papers where one Of
them moving picture actresses gets
q salary Of million dollars a year.
She amt more than twenty-five
years old and hasn't much educa-
tion, but all she can do Is to look
pretty. It amt fair"
The fundamental trouble with this
mans argument is that he does not
recognize the fact that all business
and all civilization is based upon
fair exchange of service. 1t is not
based upon system of pensioning
every human being.
He gets 81 800 year for the simple
reason that the work he produces is
worth just about that to the people
who pay for it.
The moving picture actress who is
said to get million dollars a year
is paid on exactly the same basis.
She gets an enormous reward be-
cause she enables her employer to
make profit.
If her employer was to pay her
less he would be unfair. But his
unfairness would not arise from the
fact that he was not giving her
enough to live on and that she could
not support her family and feed her
dogs on less than a million, but
would arise from the fact that he
was not giving to her in proportion
to what she gave TO him.
People do not get paid in this
world in proportion to how hard
they work. They get paid in pro-
portion to how much their work is
worth to the public that pays! If
this simple fact were kept in mind
it would puncture the gasbag of a
good many revolutionary programs.
The manager of great steel con-
cern the other day hired a man at
salary of $4,000 a year. This
worker is only expected to work
few hours day. He handles no hot
iron nor otherwise sweats his collar.
He gets down to the office about
10 O'Clock and leaves when he gets
ready.
Still this was just arrangement,
and it would be unjust to pay this
worker less than $40 0O0 for tba
The Washington times., 1921-06-28

LADIES AND GENTLE
MEN, If I CALLED YOU
LADIES AND, GENTLEMEN
1 WAS MisoUoTED.
The Washington times., 1921-06-28

General addressing ANAL
gamsted Lockpickers of Re-
stricted Suburbs on first
anniversary of Soviet dis
covery of soap:
The Washington times., 1921-06-28

Quotation-Proof Colonel
making nonsense before
centennial exhibition OF An
tiaue Calesdar Repairers Of
Almanac Council, Male Knit
ters Of America Survivors OF
Draft Dodgers and Honest
Manufacturers OF Paper
Soled Shoes.
/ WAS MISoUoTED.
Three-star General put
ting chill on Emergency
Loafers OF Singers Midget
Branch of League of Ma
tions:
SAID 1T. BUT THE NAN
WHO SAID 1 SAID 1T Is A
LIAR
The Washington times., 1921-06-28

BEFORE MAKING THIS
SPEECH L DENY THAT ]
MADE IT. YOU THANK
ME.
The Washington times., 1921-06-28

President Harding regards Secretary Alber
Bacon Fall, of the Department of Interior, as on,
of the best international lawyers in America. Hi
speciality is Mexican affairs
New-York tribune., 1921-01-15
In W all Street
Car Loadings Drop

The railroads are now passing
through worse traffic slump than
even that which followed the signing
of the armistice, according to the latest
authentic reports. For the week ended
January ! loadings totaled 5s8,so5 cars,
compared with 745,446 in the CORE
spending period year ago and 612,741
for the week ended January l, 1919.
These figures indicate in measure the
extent to which traffic has slumped.
Railroad statisticians assert that the
decline has affected all lines, including
grain, livestock, coal, lumber, with a
great falling off in miscellaneous
freight. With regard to the latter, it
is stated that many of the loadings
are in less than carload lots, which in
dicates the hand to mouth policy buy
ers are now pursuing. Within the next
few weeks, however, it is expected there
will be some increase in grain move
ment, as farmers now appear willing,
at least to some extent, to sell at pre-
vailing prices.
New-York tribune., 1921-01-15
Sears, Roebuck Scrip Dividend

The action of the Sears, Roebuck di-
rectors in declaring the per cent
quarterly dividend due at this time on
the common stock was construed as
bearish by traders yesterday, who in
the early trading were able to depress
the price of the stock down to s81a,
but by the close it had rallied to 911a,
a net gain of q In connection with
the dividend action directors issued
a statement which said that profits
f4r 1920, after depreciation, were about
s11, 1,75O,000, and that the surplus after
all dividends and expenses was ap-
proximatcly $7,50O,000. "In order to
maintain cash resources" the state
ment added, "directors decided that it
would be more conservative to pay the
February dividend in scrip. The COM
pany's stock of merchandise, although
large, is safely adjusted, and is of a
nature which makes it readily salable.
Obligations of the company on open
account are extremely small and out
standing contracts for goods to be de-
livered are almost nil. This will per-
NIT substantial reduction in inventory
and together with ACQUIRING profits will
materially reduce the amount owing
for borrowed money"
New-York tribune., 1921-01-15
1ces Fairly
Steady in Dull
Market Session
Shrinkage in Speculative
Activity Not Made at Ex-
pense of Values; Bonds
Continue .a Make Gains

A marked shrinkage yesterday in
speculative activity caused relative
dullness In trading in securities, COM
modities and foreign exchange. After
the special causes, such as buying back
OF commitments which had been short
in December to establish tax losses
and short covering, ceased actively to
operate, transitional period in the
markets was not unexpected.
On the Stock Exchange the change
was not made at the expense of secur-
ity prices. The average of twenty
representative railroad stocks climbed
from 65.95 to 66.25, and that of thirty
industrial stocks varied only from 74.4O
on Thursday to 74.37 yesterday.
In the final hour, particularly, ir-
regularity Of price tendencies pre-
vailed, and although professional
traders sought energetically. to depress
quotations, the market was able readily
to absorb offerings without striking re-
cessions.
Similar speculative phenomena were
to be observed in the grain and cotton
markets. The movement up and down
of wheat quotations was exceedingly
rapid, but at the close net losses of
Il to 11a cents a bushel were regis
tered The lack of strength was attrib-
uted partly to a cessation of Euro
pean buying. In the cotton market the
fluctuations were within narrower
boundaries, and in an inactive session
net price changes varying between
loss of fifteen points and gain Of
four points took place. Responding to
similar influences, corn prices closed
between as and Y cent lower.
On the floor Of the stock market
speculative interest was focused on
Reading shares, which we're the main
subject of brokerage discussion during
the day. The impression prevails that
the segregation plan will soon be made
public, and the rise of the common
stock indicates an assumption by spec
ulators that the program of dividing
the coal and railroad will be favorable
to stockholders. Aside from the gossip
Is the fact that the company has asked
to file Its dissolution plan.
Another special object Of specula-
tive concern was the group of tire
and rubber stocks, which showed a dis
position to rally. Having suffered .ex-
tremely during the decline last
year they are in logical technical
position for rally and the better
sentiment created in the automotive
trade by the annual automobile show
here.
Investment buying continued active
ly, and railroad, industrial, public
utility and government issues all
showed gains.
New-York tribune., 1921-01-15
Unemployment on Increase
8 Per Cent Fewer Workers in
State Factories Last Month

ALBANY, Jan. 14.--Eight per cent
fewer workers were employed in fac
tories in New York State in December
than in November, and the decline IN
the nine months from March reached
20 per cent. These facts are contained
in the monthly report of the New York
State Industrial Commission.
Employment in factories last month
was less than in the same month Of
several previous years, with the excep-
ton of 1914. Approximately 100000
fewer workers were employed in this
state in December than in March, when
the peak Of employment was reached,
according to the commissions analysis.
The depression in manufacturing
was greater in every industry in De-
cember, compared with November, With
the exception of three. Large decreases
in working forces were reported BY
many plants and closed plants in many
lines, notably in knit goods, mems
clothing and mems furnishings trades
New-York tribune., 1921-01-15
Working on Goodyear

Expert banking advice is being called
into the problem of working out plan
for taking care of the immediate finan-
cial needs of the Goodyear Tire & Rub
Der Company. Indications are that next
week will see the formulation of some
definite program whereby the $685.
100000 loans due on February Is and
the other obligations of the company
can be met. 1t is the hope of the bank
crs who are giving the matter thought
that all of the obligations can be
funded into consolidated mortgage
security issue of some kind that will
be acceptable to the banking and mer-
chandise creditors. A meeting of the
various creditors will be held next
week, at which definite Developments
are looked for. Paul D. Cravath is
representing the company as attorney
in the current discussions.
New-York tribune., 1921-01-15
Trading in Durant
Motors Is Feature
OF Curb Session
Initial Sale at 14A ON
''When Issued' Basis Is
Followed by Slight Reac-
ton; Oils Under Pressure

Initial trading In Durant Motors,
Inc, stock was feature of Yesterdays
quiet session of the curb market.
Transactions of the stock on when
issued" basis resulted in slight re-
action in price from 141a to 1914. This
compares with what is understood to
be the Issue price. of $40 share.
Trading was quiet most of the day,
the tone improving after early weak
ness. Oils were under pressure for q
time, but showed stronger resistance.
international Petroleum was up Il at
II, while Maracaibo gained small
fraction at lax. Salt Greek and Carib
Syndicate lost small fractions, while
Simms was steady at 8.
New-York tribune., 1921-01-15
New York Metal Market

On the New York Metal Exchanss.
tin was weak, with Glass A quoted .;
$500 to 1900; Glass B $500 asked ano
Straits shipments 36.00G38.O0: Cop,
per dull; spot and January 12o2rgg
1917; February and March, l2.'aagi
1880. Lead dull; New York spot ana l'
East St. Louis spot, ATS bid. Zinc dui,.
New York spot. 5.85 and East St. Lou''
$50. -.
London metal prices follow: TIT I;I
standard spot 5000 and futures szp1
los, with sales of 100 tons spot am -,
400 tons futures. Copper standard spu;;
f73 and futures s72 bs, with sales "
400 tons spot and 400 tons futures
and electrolytic spot ss1 and future, s,
f83. Lead spot f23 los and fu'uisi;
s24 and zinc spot 924 It's I'd s''
futures f26
New-York tribune., 1921-01-15
Seeks capitalization Change
Ell Paso & Southwestern Would
Issue New Stock

WASHINGTON, Jan. 14.-The El
Paso & Southwestern Railroad Com.
pany, operating line from Dawson,
N. NJ, to Tucson, Ariz., via Ell Paso,
Tex. desires to change its fixed capt.
talization of $35 100000 to an unds.
termined amount.
The company applied to-day to tho
Interstate Commerce Commission for
permission to issue 100000 shares Of
stock of no par value to replace the
$4,000 shares of par value of $100
issued and unissued.
The Hooking Valley Railway Com.
pany asked authority to issue s2,037,-
900 worth of general mortgage bonds,
with which other bonds would be-
pledged with the Treasury Depart
ment to secure a government loan Of
81 ,665, 900.
New-York tribune., 1921-01-15
Packard Defers Dividend
Decision to Postpone Actor
Laid to TInsettlement

DETROIT, Jan. 14.-The board OF d.
rectors of the Packard Motor Car Com
pany decided to-day to defer payment
of dividends on common stock, which IN
the usual course of business would have
been payable on February l, F. H.
Austin, secretary of the company an
nounced.
In a statement Mr.. Austin said thss
although the company's accumulstso
surplus and its cash position would juss
tify declaration of dividends in nornss
times, deferment had been decided up@
because of general disturbed business
conditions
New-York tribune., 1921-01-15
Memphis Bank Closes Doors; /,
Business Cessation Blameo

MEMPHIS, Tenn, Jan. 1.-THE rev,
pies Savings Bank AMI Trust CcmpIha, ~,
voluntarily closed its doors to-day pc
cause, according to a statement py ,;.r =
w. Portlock, its president, OF nsoins
to maintain khe necessary resel.~
slow collections and "the general cs''
sation of business"
Mr.. Portlock said the principal II
counts of the bank were lumber L. ~
that it held no cotton loans. ne %
clared that the bank had ample IN.
sources to pay it's depositors 10 ae''
New-York tribune., 1921-01-15
Cilliland Oil Purchase

The Gilliland OIL Company has &C.
quired 100000 shares of common stock
at SIS par value of the Paragon Rein
ing Company. This represents a one
third interest in the company. There
Will be no new financing involved in
the purchase. j. W. Gilliland and p. J.
Hurley, president and vice-president
respectively, of the Gilliland company
will represent the company on the
Paragon board.
New-York tribune., 1921-01-15
Bond Prices Improve

Continued lowering O., money rates
tended to improve bond prices yester-
day. Most of the Liberty issues once
more felt the urge to higher levels,
gains ranging as high as S1.90 on a
$100 bond of the first Az registered
Standard longterm bonds were in
good demand for investment purposes,
with fractional advances recorded in
several rail issues. Foreign govern
ment securities continued to be we'll
sought, and Mexican government SIS
again reflected a movement to accumu-
late these bonds by local banking in
terests.
New-York tribune., 1921-01-15
Hide and Leather Stocks Weak

American Hide and Leather COM
mon and preferred stocks were again
weak yesterday, and reports we're
heard in financial circles that the deh-
cit of the company for the last quar-
ter Of the wear would be about $3,000,-
600. This loss, it was said, would
cover the final write-otf Of the
sharp shrinkage in large inventories.
The common stock sold down a point
to 81, which is fraction above the
lowest of the year. The preferred
was off liz at 457a.
New-York tribune., 1921-01-15
Inactive Stocks Come to re.

Ihe sale of 300 shares of Illinois Gem
trai leased line stock at So and ssh
Yesterday attracted not little atten-
ton: Recorded transactions of the
stock do not appear often on the tame.
and only $50 shares changed hands ali
n, lsst year, the final price being 5sA
mere were no recorded sales in the
sIock from 1912 to 1920. Another usu-
ally inactive stock, Booth Fisheries an.
peared on the tape, 100 shares being
sold at 80. The last previous transac-
tion was in 1919.
New-York tribune., 1921-01-15
American Telephone & Telegraph

Earnings of the American Telephone
& Telegraph Company for 1920 will
show substantial margin above divi-
dend requirements, according to H.
3. Ihaycr, president, who, in state
ment to stockholders, comments par
ticularly on the aim of the Bell Sys-
tenn to improve its service. "Circum-
stances over which we have no CON
troll" he said, mad this problem ex-
tremely difficult 1t has taxed the skill
aid knowledge of the most expert and
experienced telephone traffic engineers
and managers. Good service is the
foundation on which the prosperity of
your company rests, and you will be
gratited to know that Improvement in
service has been general and marked.
IN many places we are approaching
New-York tribune., 1921-01-15
Municinal Financing

Considerable state and municipal
financing is under discussion at the
present time and the aggregate OF new
issues of this nature in the course OF
the next three weeks was estimated
Yesterday af approximately 100000
bv competent authority Among the
cities that are about to enter the mar
ket are Detroit, Chicago and Rochester.