davidaulloa/AmericanStories huggingface dataset:
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-25
KNIGHTS FROM
WISCONSIN To
ARRIVE TODAY
Knights of Columbus Will Be
Presented With SIN all
Crosses, Made From Wood
of Church of San Felipe.

A delegation of more than 100
Knights of Columbus from Wis
consin will be in Albuquerque for
about half an hour this morning
during the time that the California
limited stops here. The Knights
are on their way to San Francisco,
where the national convention of
the order opens on August /.
Members of the local council of
the knights of Columbus and of
the Chamber of Commerce here
will be at the station this morning
to greet the delegates on their way
through. Owing to the short time
which the limited stops here, the
organizations will make no attempt
to show the city to the Knights,
but souvenirs of Albuquerque have
been prepared by the local coun-
Gil, and will be distributed to the
guests.
The souvenirs consist of small
crosses, made of wood taken from
the old church of San Felipe de
Neri. Attached to the crosses are
little pamphlets containing a short
history of the old church, with
its picture, and a description of
Albuquerque. The committee
thinks that a stronger impression
will be made upon the delegates
in this way than by any other de-
vice which could be used during
their short stay.
The Wisconsin delegation, which
arrives in private cars on the linn
tied this morning, will be the first
of three delegations of the order
which will pass through Albuquer-
que this week. The limited tomor-
row morning will bring a delega-
ton of knights of Columbus from
Chicago, and Wednesday morning
the New York delegation will ar
rive. A number of delegations from
other states have been routed over
the Union Pacific for the trip to
San Francisco. but will pass
through Albuquerque on their re-
turn. About three hundred MEM
bers of the order are expected to
pass through Albuquerque this
l.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-25
UNIVERSITY HEIGHTS
D0INGS

: Workmen completed the pour
ing of concrete on the new reser-
yoir yesterday. In about fifteen
days the forms will be removed
and the main pipe line connected.
E Mrs. D. X. B. Sellers has fifty
two varieties of bush and climbing
roses now growing at her home,
s'Rose Lodge" on Vassar avenue.
With the perfect and natural
drainage on the Heights there is
never any cause for worry about
the flooding of easements or yards.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-25
NEW MEXICO SOLDIER
WHO DIED IN ACTION
TO BE BURIED HERE

The body of Private Elisio
Griego, native of Albuquerque
who was killed in action in France
two years ago, will arrive here this
week from France. according to
word received here yesterday.
The body will be given military
funeral by the American Legion,
probably next Sunday.
Elisio Griego was the son of Mr..
and Mrs. David Grleso of this city,
and was among the first to enlist
from this city for the world war.
Crollott will be in charge of the
funeral arrangements.
CITY ELECTRIC SHOE sFOP
phone B87-W. 2l3 South Second.
Free Call and DeHvery.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-25

photographed among the scenic
grandeurs of Glacier National
park and on the actual scenes of
General Clusters gallant fight
against the Indians.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-25

The earliest big race rowed over
the famous Henley course was that
between oxford and Cambridge, in
the year 1929.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-25

Miss Jane Adams, of Chicago,
was unanimously elected president
of the International Women's Con-
gress at the closing session in Wen
ma. 1t is declared to have been
the most successful ever held. One
of the resolutions adopted was to
secure the cooperation of all
branches of the organization in an
effort to line up the women of the
world for non-participation in any
activity which would make war
possible.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-25
NOTICE.

James Duran, the piano techni-
clan, is in town. He had been in
Los Cerrillos and Madrid, N. M,
tuning pianos. Phone 1974-W.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-25

We deliver any size any
where. Henry Transfer Co.,
Phone 939. i.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-25

Benny Leonard, the lightweight
champion, is acquiring racing
stable and will hereafter divide
his interest between boxing and
the turf.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-25

GENTRY'S EGGS.
At Champion. Hawkins, San jose,
SINNERS, Ideal and Pappe's. Price
SO cents.
New-York tribune., 1921-04-04
Foreign Trade Notes

The Angl0-persian Oil Company is
planning large increase Of capital
to provide additional pipe lines. tank
vessels and rcGneries.
New-York tribune., 1921-04-04
AMERICAN PORTS

sALrIMoRN., April a-Arrved: strs
tn,a"a lIa s5rt!end NE: wit9go Vancouver
corvus. Palermo; socstd!Jk (Dutch1. Rot.
terds!1 Sailed; str Inland. Norfols.
strs Afel, Hamburg; Italia UtaN. Nap,es.
M f Elliott New York: Lake rlournog'
rran,pteo: Ia ,.1s,: Mssxicano' Ta'nplco. sailed
s,;ts. Strs t'ty Of Flint: Genoa and Naples; NJ Z
:, j JACkSONVlLLE, Fla, April 3--Arrivcd:
strs Mohawk New York; Lenape. Charles
NORFOLK. Va. April 3-Arr.ved: strs
i;oEl bardta (Swcd), Boston; Tndier (Belg)
New Orleans Middleham Castle (Brl'
Sa,litstS, Sa!Teston American (Dutch). Antwerp
gap. Balboa: Orion. kingston; Paralos
lOcr). Galveston: Teresa Q Utal), Genoa:
ma.mon tBr). New. York; Bansdale OBJ
Alexander Keilland (Nor). Rio de Janeiro
Stasll Maru tJap). Hamburg: Vancouver
MsIa ;asr SJap}. Genoa; Maiden. New Eng
lana; Orteric tBr), Manila.
PHILADELPHIA. April 3--Arrived: strs
1%nI, 1Sn,s'ana 1ou thT>. New, York: Rolf Jari
Arai aroif'i inr; New pol York WiIlsolo; New York;
etc Robert Maers es 't' @Danl rlls's casi9a a,dn9
U2anaa, Kama, Grranica; Garibaidi. Norfolk; De
Hamburg Via Copenhagen: Eastern plot
New York; San jose. Santa Marta: Cerro
nsao; tor crds1s3 deanpoD ssvona Ip Gibraar
fta,,ast, % - Aro!'seau NNor), havana; ;
PORT ARTHUR. TEX Aprii a-~Arr,ved .
Strs Perfecuon, Tamplco; 'Tamarac lBrC,
London. Sailed; Strs ,Currler. Tampico ;
Stegelborg Oan), Scandinavia.
PORT EAps. La. April 3--Arrived: strs
Alg'c. New York; Glen Elg (Br). Brazil;
Aaweah. Tampico: Philadelphia. Nuevitas,
CUBA; Ea}ah. Progreso; schr Edith, Ha-
vnna. Sailed: Strs Ag,vizun, Port Lobos;
Coahufla (Mex). Vera Cruz; El Estero New
York: Trccport sulphur No l, Tnmpico
inspector. Nuevitas; J Oswald Boyd {Br>,
tiunntanamo: Jaitsco (Mcx), Tarnpico
Metapan. Crstobal; Svartvond (Nor), Ma
tanzas: Tancarville Phila) Tampco; Ire
garthen (Br), Australia: Tomalva, Mobile;
william lsoln Port Arthur.
PORTLAND. Ne, April 3--Arrived Str
Ncale (Br). Norfolk.
SAVANNAH, April 2---Arrived: strs Port
l'ooos. Norfolk: nihadian. Tamrico; CITY
OF st Louis. New York. Sailed: Str Lgo-
1ier. Tampico.
TAMPA. Fla. April s--sailed: str Lake
Freeland, Mobile
New-York tribune., 1921-04-04
Marine Reports
THE TIDES
ARRIVED YESTERDAY

Str Epitsco Pessoa. Brest March u. to
Moore & McCormach. ia ballast It OF isth
SER c,..u<.....a ,,.-o, -.
TO II the %ew New York and CUBA Mail steam
sh,p Company. with sugar. off Stapleton,
Sir c.aecIa lswsd), Naplss: Ireb IS: c.
mo- March g and Gibraltar. March IL: to
Moore & Mccormack. with indse: IT OF go
'''i str r'sa sark tNor). Phnadelphia, April . 70
the Kerr Steamship Line. with mdse. IN
transit for RIO de Janeiro; it OF 57th st
ST. Munararn tBr>. cardenas; March g.
and Havana. March 20; TO the Munson
U 5 TRANSPORT Cambria Antwerp. March
IL to the United States Army Transport
Service. with IS flrst74i second cabin and
o. soldiers; Pier /. Hoboken, y J.
Str Munorway (Nor), Vera Cruz. March
q. and Progreso. March -: 10 the Nun.
Str Glyndon. Santiago March .. santo
DOMINGO. city.. March 20. and Macoris.
with mdse: Pier &C. i r.
str Corneiia; Agualilia. March 10: MAYA
sls2- Aarch 20 Faiardo, March 2S; Ma
glaha. March zG. and san Juan. March 20;
to the Bull lnsular Line. with sugar; Pier
Str Mackinaw (Er2. Philadelphia. April
r.dse, in transit; Pier So n r.
81. Mr.
SIR Aryan. Port Arthur off stapleton,
str jefferson. Norfolk: 70 the Old Do
m!n'cn Trans 20, with indse: Pier 2s, Y r.
slF comancne. Jacksonv!lle and Charles
~. 70 me Hlyde > Co. with pass and
ndse; Pier 81. y T.
r. ST. s,r Jennie Flood Nreger, Buenos Ayres;
Q Eagle ii. from sea; Off T6mplunsvillc.
a.. SIR Ell oeoiaente. returned; Gravesena
New-York tribune., 1921-04-04
In the World of Shipping

With betterment IN shipping condi-
sans dependent to a large degree upon
a. reduction Of costs, developments
~ - +he last week have been encourag-
Wage reductions have been put
,"s, ,". offect in the shipbuildins ard ship
nv .~o;r;nr industries throughout the
',n.ry. and definite progress has been
49, towards readj of the
msI s,, .os nav on American ships. Fenta-
s'~. ssa apuroval has been given by the
ss;nn;nc Board 70 the plans of the
-; s,.ssr;;csn Steamship Owners Associa
wv for a reduction in wages. 1t has
~ ~ stipulated, however, that the mat
.sr o.s should be worked cut in coopcra-
. w., With representatives OF the sea-
Wv Wv and 1t is hoped that agreement
Iii he reached along these lines. After
W. ". svniration Of the present agree
rsert r"s at the end OF THIS month new
ns", ,srreement that will enable Amcri
pay Pc, Vessels to operate at some meas
s,ra of profit is expected.
NJ wb;ls shipping generally Will bcne-
:. Nv The ending of the rate war in
~ y: for months past on shipments
sAT, sATS,nnt;nen,al European ports this will
~ ~ Tor short Of solving the problem
s..a American merchant marine.
Little Reduction IN costs
c,;,n;ne has been maintaining the
9,'fy Var level OF pay longer than
-ss.sticsllv any industry in the world
,.,'sotion has been inevitable. II had
p'ea~r;fested itself, however, IN drastic
n'an l,snnn in freights, the full force Of
s'S;eb s,.r fell on shipowners without any
"annen VIM. sation in reduction of costs
sV. srs the limited declines that have oc-
s',r~ad N the case OF fuel and supplies.
!. "a now the turn Of wages to come
u0Nt,, Nore defation. however. will not
soye the problem Of shipping for this
~ any other maritime nation. The
v,,;tod volume of cargoes seeking
esrco space, irrespective OF rates, IS
ss- from sufficient 10 keep the worlds
+annage employed and freight rates
viii not be factor IN increasing the
Yoinms OF foreign trade save TO very
sI;m;ted extent. Shipping prosperity IS
sbsolutely dependent upon the sea
trade Of nations with one another.
There has been continuance OF the
increase in the demand Tor tonnage
i,,r;nc the last few weeks, but this
sas ~ not been marked and there still
sasrs no reason for doubling that
p.:uh;i 20 sh;nping is out Of service, chiefly
tor lack Of goods to carry.
Effects of Freight Advance
With general advance in ocean
freights, the danger to the body OF
shipping lies in the lkehhood OF
aooding o. the market with the tied
w shipping. Every shipowner is anXl-
ops to get his vessels into service
rather than pay the heavy cost of idle
ness, and there is not likely to be
sipsl factor in strengthening rates.
BY bringing a reduction Ill., IN labor t{
Fmronean maritime nations, the United
i states viii have an advantage over its
competitors. There is no reason to
doubt. ut however that dehation is com
ing abroad as we'll as here. Great
Britain is beginning TO bestir herself in
New-York tribune., 1921-04-04
MARITIME MISCELLANY
NEW WORK

schr Evolution tA.n). from New Bed
FORD for Cape Verde. sails carried away
she put back for New Bedford. Strucll
long Shoal In Musirat cAarnel Position
bad Leaking. Doubtful whether she can
10 noat"d. Cutter Acushnet standing by
Schc James u Drake (Am), Norfolk from,
Perth Amboy. aground of SANDY I1ool
rcioated
s,r Silverado tsB>. San Francisco from
Valparaiso, lost propeller. being towed to
SAN FRANCISCO, April 1--Brh Harvest
e. (Aml, bound here from sydney, missing
Sailed Nov 4.
jay (SB). left for New Orleans, towed Wv
tug I3arryton.
CONSTANTrNOPLE March 2s-str Olen
fSB), New York from Batun. arrived with
pressure valves ard cylinder damaged
SkAW. April l-Schr Ruth Il. Merrill
(Am), anchored here.
New-York tribune., 1921-04-04

this direction, and al conference be-
tween shipbuilding employers ana
representatives of their cmpiovces
notice was served on the unions that
a cut would have TO be made bv tho
END OF this month. British ship owners
nave served notice on the National
Maritime Board that they intead to
press for reductions in the wages or
all seafsrers.
Legislation Is Chief Need
"heM these steps arc put into effect
the gains made by American shipping
VIII again be offset and the United
states merchant marine will again be
In the position of facing the handicap
O. higher labor costs than any other
country. The situation is still one.
therefore, in which national aid will
be required through legislation. Coa-
gress holds the solution
That an effort will be made to secure
legislation exempting American vessels
from the payment of Panama Canal
tolls has been indicated during the
last week by Senator'S Borah and Jones,
Whether action in this direction is linn
ited to tonnage in the coastwisc trade
or made applicable TO foreign com
merce rs we'll, strong opposition is to
be expected from abroad. In the coast
wise service only American vessels may
operate, 50 that the exemption of these
rom toll payments would not discrim.
mate against the ships OF other coun-
tres, as would DC the case in the appli-
cation OF the legislation to all trades.
Foreign shipping, however, already has
expressed hostility to the coastwise ap-
pllcation, in the belief that such a step
would be only an entering wedge for
'hc full enforcement of exemption in
favor of American ships from tolls and
the subsequent enforcement Of other
preferential treatment for American
tonnage.
Retaliation Effect Studied
The proposed Panama legislation,
therefore, will serve to draw the fire
Of foreign shipping interests, chiefly
in the form of threats Of retaliation.
The effects OF retaliation, however,
have been the subject of investigation
by the advocates Of preferential treat
ment for American shipping.
That President Harding has placed
himself on record as in favor of legis-
laton for Panama tolls exemption
classes him, in the view of American
shipping men, as an advocate of pro-
caps under which American shipping
is burdened. American sea trade is
the richest prize in world shipping.
With American ships carrying only
little more than a third of their own
country's marine commerce, while other
maritime nations handle the bulk Of
theirs. the position of American ship
ping is simply that OF seeking fair
share of its own trade, and no undue
proportion of the trade Of other coun-
tries. The sea- going tonnage OF the
United States is now sufficient to carry
so per cent of the nations overseas
trade. and it is carrying only slightly
more than half of that amount. Fail
ure to increase the proportion can mean
only great volulnc OF tonnage per
manently idle and the conversion Of
national asset into national liability.
New-York tribune., 1921-04-04
TRANspAcIrIC MAILS

The oonneetlns malls close at the Cen
eral Hcston!cc ard city Naii Postolt!ce
station. New York. a, II. r,.. as follows:
Japan. Corea. China, Siberia. French 1ndo-
china ond Netherlands East Indies (sx-
cep, spms,ray. VIA Seattle. stcamsh!p
Wenatchee. Apr! l.
Hawaii. Philippine Islands straits se.t;e-
menta and specially addressed mall for
trench i"doohins, sumatra, British
steamship Granite State. Aprs T.
Japan. Corea. and China Especially aa-
dressed on.y>. Via Seattle, s.ear.shlp lp
West Ison. April s.
Hawaii Via san rano!sco, steamship WILL
An,tralia; n,ns; via Seattle. steamsh,p IVES.
Hawaii and specially addressed mail for
sapan. Cores and China. via San Fran
Japan. Corea China, Siberia. Frencf lndo-
china, Nether!ande East 1ndles (excep.
tumatra) and Philippine islands Va
',,n Vancouver ond Victoria. p. C., steam
ran,,j snNp i"nnrpress nrprf,, ot Japan, April ~
n:t,' Marqcesas. Cook Islands. New
Zealand and specially addressed mail for
Austra!ias VIA San Francisco, s,enr..hID
Tahiti April II. :"
New-York tribune., 1921-04-04
ep0rts of Shipping and News of Forei&n Tra<

p5elysdere. ratra. 80. soAM $500 Psi ,
McNico' aVaaa 1870. 1870 AM is.0oM
Vague. i Dorlingn s:3o AM lg:oo N
II We. a. Bcr,auda ;;9o AN yf,o0 NJ
San Uio snni Palerirc ------------ - 700 Nr
Lsnnpe. Jacksonv!l.eM - --------- 1000 N
New-York tribune., 1921-04-04
.'ysseg t2s INV Colon Apr :.

r'yssep t2s INV Colon Apr {.
Eesta LOG NV Tortusss Apr J.
w u Keene 40 NV rortugas Apr j.
" II Libby 205 s Charleston Apr ..
" . Miller s7< from Balboa Apr !.
Walter - Mungon $50 s Alabrose Apr 9.
Walter fIardcaat'e t5 w Cape cruz Apr Q.
Walter Jennings $50 Nj Port I.obos APT ..
Vest Catance $50 W Balboa Apr 1.
Yves. Conob iS6 W Honoiulu PM Apr J..
Wsst Erral rs Sc South Pass Apr l.
West Hembr!c 5o2 E Savannah Arf .
West Isieta l2l NNE Colon Apr l.
West Isonl AIS W Seattle PM Apr l.
West Jcssup @.305 w Flattery 5 PM
March 81.
West lIasson 400 S Capa Henry Apr ..
Wheeling Maid lat 40 tS lon sc Il Apr o
Wll.nco 60 : fIa,tcraa Apr l.
Wt'l!ain III Dohsay 4oO SE Cape San An
.onio Apr 3
W!nnebago 40 " key west Apr ..
Wiayuh l.223 w Balboa Apr =
fa,za $50 = San Pedro Apr .
York Harbor a. S Hatcerda Apr .
Yucataa SO Ha,teraa Apr .
2ull!c ,o7 Ambrose Apr /.
New-York tribune., 1921-04-04
New River Steamer Launched

The rev steamer Robert A. SNYDER.
which was launched for the Saugerties
& New York Steamboat Company at
uildebrant's Shipyard in Rondout
Creek few days ago will be towed 10
jersey City to have its boilers installed
by the Vulcan Iron Works. Shortly
after this is done the new steamer viii
be ready to take its place in the service
between Saugerties and New York
New-York tribune., 1921-04-04

While the United States share in
SANS imports of metal goods has
shown remarkable progress, says re-
port to the Department OF Commerce.
special effort is necessary to increase
and maintain this trade in the future,
since Slam, as set, lacks American
BUSINESS houses, banks and shipping
which are needed to broaden advances
already made in competition with Euro
peeA countries we'll equipped with such
essential business machinery.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-18

depression" says Mr.. Douglas, ais sim
liar to other depressions which have
occurred during the past half century.
The beginning of the end of specula
ton and over-expansion came with re-
striction of credit that put a sudden
crlmp IN the volume of business and
started prices downward on their long
Journey of declines. Then followed
the slowing down in industry, the in
cubus of much unemployment and all
the attendant evils OF hard times.
After the first shock, there were a flood
of forecasts of an early return to for
mer conditions and the passing of
those ills which afflicted the country
Invariably the prophecies came to
grief.
Gone Of the earmarks Of past de-
pressions was the fantastic schemes
advanced to prevent the return Of such
eras. These schemes included the sta
hillzation Of prices and doing some
thing to the currency SO that its pur-
chasing power would always be the
same. And there are those among US
who take these theories seriously to-
day, just as our forbears did in their
day. We have at least one consolation
in this generation, that out of the
welter OF past misfortunes we have
learned the lesson Of a sound financial
system as embodied in the Federal Re-
serve Bank.
'The chronicle in industrial life in
the last month is one of better business
in leather, especially in boots and
shoes; lower prices in an increasing
number of makes of automobiles and of
good business in automobile sundries,
lower prices in oil, with the likelihood
Of consequent decreased production;
continued dullness in mining; some
Improvement in clothing; production
in steel and iron down to lower levels
and with reduced prices, yet with slight
increase in sales of some of the fn-
lshed products; a generally good move
ment in summer seasonable goods; slow
increase in construction as the costs
OF material and of labor decline in diff
terent sections, more particularly in
large cities; better wholesale trade in
general, but Of smaller volume of re-
tail business in the large centers."
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-18
FINANCIAL
THE AMERICAN TOBACCO COMPANY
Redemption of Serial notes Maturips
November 1 1921

The American Tobacco Company hereby
gives notice that 1t VIII redeem and nay
on August 10. 1921. at the office Of Qua.
anty Trust Co. of New York $40 Broad
way, Borough of Manhattan. City OF Me-
York. all to wit: $3.50 005 a. par Of ns
Series notes dated November I. 1913 ma
turing on November !. 1921, at par VIII
interest accrued from May l. 1921 To said
August Is. 1921. and with a premium n,
one per cent on 1.-THE principal of said
notes. This redemption is in accordanca
with the terms OF Article " Of the trnT-
agreement of November 1, 1913, to whieb.
The American Tobacco Company was
party of the first part and Guaranty Truss
Company of New York as Trustee was
party OF the second part. whsyeunder sss
100000 at par Of 10 serial gold notes
were issued, Series a and Series 8 rnatn-.
Ing respectively November l. 1913 ana
November /, 1920. having already hssa
paid: and this notice IS in accordance with
said Article.
Holders OF any OF said Series OF s.ts
serial gold notes maturing November
1921, may present such on, or a. any time
after. August is. 1921. at the Office ~
said Guaranty Trust Company OF New
York, and the said notes will be paid with
accrued interest up TO August IS. 1871 and
the premium OF one per cent, as aforesaid.
whether so presented Or rot such notes
shall cease to draw interest on said An
gust 10, 1921, and coupons for interest sub
sequent TO that date shall be void
THE AMERICAN TOBACCO COMPANY.
BY !. NJ. W. HICKS, Treasurer.
July u 1921
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-18
NOTICE OF INTENTION TO ORGANIZE
THE TERMINAL EXCHANGE BANK

WE. the undersigned. hereby give notice
OF our intention 10 organize a Bank under
New York, and, in conformity With ths
statute In such case made and provided. wa
hereby specify and state as follows 10
FIRST: The names OF the proposed In
corporators are; Barron C. Collier Frank
Hedley, Harry Heneuier, George a. Oluey
Hugh j. Pritchard. Harry r Kevman ana
Herbert Fl. Vreeland. and Robert Craig
Montgomery.
SECOND: The name Of the proposed
Bank IS:
THE TERMINAL EXCHANGE BANK
OF NEW YORK
THIRD: The Location OF the proposed
Bank is to be: Borough of Manhattan.
FOURTH: The amount of its capital
Dollars
In witness whereof we have hereuuto
affixed our signatures this 1st day OF
BARRON G. COLLIER.
FRANK HEDLEY,
HARRY HENEMIER
GEORGE II. OT.NEY
HUGH J. PRIT~HARD,
HARRY II. RE, NAN
HERBERT II EPFELAND.
ROBERT CRAIG MONTGOMERY.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-18
Says Hard Work
Is Solving Problem
OF Depression
Wall Douglas Sees
Slow Recovery i'm Bust
ness; Quick Uplift and
Fantastic Schemes All Fail

WASHINGTON, July H. Setting
ton of prosperity, the American PEG
pie have set about grinly and soberly
to work out their own salvatons, says
Archer Wall Douglas, chairman of the
Committee on Statistics and Standards
Of the Chamber of Commerce Of the
United States in his monthly review of
business conditions.
While the return to better times is
certain to be slow, he says, there can
be no doubt as to the final recovery.
"The story Of the present business