davidaulloa/AmericanStories huggingface dataset:
Evening star., 1921-12-03
Pernicious Hospitality.

IF there is a humorous side to the
plight in which some of the delegates
to the Washington conference find
themselves as result of the excess
sive hospitality and sociability they
have met in the American capital
city. there is a serious side also.
When a man is obliged to eat more
than he should, night after night:
when he is Systematically robbed of
sleep, when he is called, upon to ex-
pend his energies recklesSly in meet
ing long lines of strangers, he is
bound to become unfit for business,
even though he may be a hardened
diplomat and versed in the science Of
taking care of himself under the most
adverse conditions. The fine edge of
his capabilities wears off. His imagi-
nation becomes frayed and dulled.
His brain lacks something of it's nor
NAL clearness. and perhaps most seri-
Gus of all, his temper loses the fine
ness of its poise.
The fact that two or three delegates
in Washington have actually been
obliged to take to their beds tempor-
arily because of the social demands
made upon them may easily provide
a reason why some of the conference
discussions are not going as expedi-
tiously or as smoothly as they ought
to go.-Detroit Free Press (independ-
ent).
Evening star., 1921-12-03
The Children Will Help.

Postmaster General Hays will set
an interesting example next week
when he issues his "Christmas mes
sage" to the boys and girls of the
United States, asking them to mail
their packages during the week be-
ginning December 5, and reminding
them to write plainly, wrap parcels Sc
curely and otherwise cooperate with
the Post Office Department.
The letter, which will be read in
every schoolhouse in the land Monday,
is signed, your Postmaster General.
Will II. Hays" and ends with Il
''P. S.-Don't forget to mail Christmas
packages this week" Needless to say,
the letter will win the hearts of the
children, and enlist their active sup
port in the mail early campaign.
Those in the past who have been
wise enough to secure the cooperation
of children in big tasks have found
that the procedure works" as wit
ness the results secured by the boys
and girls in selling war savings
stamps and liberty bonds. Almost
every successful tag day is testi,
monial to the persistent work of boys
and girls.
The cabinet official who. in the
midst of his task of actively directing
the work of 10000 men and women,
can stop to think of the millions of
boys and girls and ask them for their
cooperation is sure to get it in
abundance. This action on the part of
the Postmaster General is not only
another instance of his determination
to "humanize": it also shows that he
is a good psychologist. man who
knows children as well as he does
''grown-ups."
Evening star., 1921-12-03
American Territory.

Porto Rican politicians figuring on
independence would do well to con-
slider the case Of the Philippines. AL
though the decision has not yet been
rendered. nothing is clearer than that
this government has no thought OF
granting immediate, or even early,
independence to the Philippine Is
lands.
OF course. some differences are to be
noted. The Philippines are numerous,
loosely strung together and far away.
Porto Rico is compact and close at
hand.
There are number Of tribes in the
Philippines. some very backward, and
a number of dialects are spoken. The
Porto Ricans are one as respects
origin and development, and before
the advent of the Americans they
spoke but one language. Since then
English has been gradually finding a
place alongside Spanish.
Nevertheless, there is no more pros
pact Of independence for Porto Rico
Evening star., 1921-12-03
The President as Referee.

The President will he advised to
examine very carefully during the
regular session every proposition
submitted to him to act as referee in
republican disputes on Capitol Hill.
1t is believed there will he many.
The situation is disquieting from the
party point of view.
The special session closed with q
number of divisions plainly showing.
The regular session will open with
those divisions still in evidence, and
others will appear as time passes.
way divisions are likely to he plenti-
full.
1t is easy. and even natural, for
legislators in 4 snarl to turn to the
President. He possesses Il good deal
Of power. \ word of advice from him
as a rule carries far. a legislator may
excuse himself for changing base by
explaining to his constituents that he
acted in obedience to the wishes of
the President, VINO is the party 5
leader.
But this sort of thing, unless care
Is take to limit it, may involve the
Presiden- deeply in factionism-too
deeply for his own or the party S
good Moreover. as is suggested, too
much complacency on his part might
increase rather than diminish the
spirit of contention in Congress.
Hence the advice that the Presi-
dent make it known to his friends on
the hill that either they should quar-
rel less, or put fewer of their quar-
rels up to him: that his own kit bag
Is packed with troubles, and has no
room for more.
Evening star., 1921-12-03
SHOOTING STARS.
By PHILANDER JOHNSON.
impossible Secrecy.

Impossible Secrecy.
In days of old the world was large
And men could build battle barge
Or raise an army with great care
To catch a country unaware.
1t took SO long to get the news
That peaceful folk much time would
lose
In getting into fighting trim
When War displayed his visage grim.
But now the world has grown Sc
small
That men are neighbors, one and all
Electric wires bind the sphere
And bid mankind as friends draw near
And talk things over to refrain
From seeking to grab all the gain.
Oh, who would lay a secret plan
To overthrow his fellow man
For pelf or for malicious fun?
Besides, it simply can't be done.
Evening star., 1921-12-03

expression. Undesirables are now
more undesirable than ever. The war
has set great numbers of such peo-
pie in motion, and many have America
in mind.
They are not wanted in this coun-
try. and the steamship companies by
cooperating with the immigration au-
thorities can render valuable assist
ance in the work of keeping them out.
This they pledge. and the desired i'm
!, provement should follow.
Evening star., 1921-12-03

1t may come little hard for people
who have revered battleship as an
emblem of patriotism to consent to
it's consignment to the junk heap.
Evening star., 1921-12-03

Diplomats find it necessary to be
extremely polite, in slight offset to
the rough work that comes into evil
dence when their efforts fail to avert
war.
Evening star., 1921-12-03

Charles w. Morse has been active in
spite of ill health. He Is one of the
most Industrious of our tired business
men.
Evening star., 1921-12-03

The boys who went to war are as
deserving of Christmas remembrances
now as when they were In the
trenches, and they can be more easily
reached.
Evening star., 1921-12-03

The automobile thief is lucky to be
living in a more generous and ad-
vanced state of civilization than that
which surrounded the horse thief.
Evening star., 1921-12-03

Although temporarily out of the
spotlight, the Interstate Commerce
and the Railway Wage
Board are compelled to keep plodding
along.
Evening star., 1921-12-03

There are economists who insist
that cancellation Of debts among ma
tions would set a rather bad example
for ordinary business.
Evening star., 1921-12-03
"Cut It Out" "

1t was a bold initiative which was
taken in Chicago the other day, when
at meeting of the National Council
of Teachers of. English Harry G.
Paul, president of that organization,
declared for use of slang-within
limits, but slang. IF two boys are
fighting, don't tell them to 'desist.
said Mr.. Paul. "'Cut 1t out is more
effective" 1t is a fact that slang is
often more graphic and picturesque
than classical diction. Some of 1t is
so vigorous and expressive that the
language cannot afford to lose it
Buffalo Times (democratic)
Lloyd George is coming on every
ship.-New York Evening World.
Leagues and associations manage
to get along together all right in
base ball. Why not in nations?-In-
Doctors of laws are getting almost
as common as laws.-Greenvil1e g.
Co. Piedmont.
The man who says sugar Is the
sweetest thing known never slept
until ten o'clock in the morning.
Parkersburg News.
A modern good provider is one who
brings home a new dance record for
the phonograph every night.-Hart-
ford Times.
Harold T. Luck is listed among the
bankrupts in an Ohio city. The "1"'
stands for. tough" we take it.-Buf-
falo Express
Think how Americas heart would
ache for the jobless If they were
on the other side of the Atlantic
Birmingham News.
H. G. Wells says the British en-
pire will be a dust heap within loo
years. In which case perhaps she'll
be able to pay us a little of the
dust" she owes us.-Nashville Ten
nessean.
Preserving peace will not be so
difficult when we call In the women.
Their experience in the kitchen will
tell.-Asheville Times.
In order to relieve the strain upon
"the man in the street." America pro-
poses to scrap the battleships. And
then along comes Henry Ford and
wants to convert the junk into more
fiiYvers!-Denver Times.
Evening star., 1921-12-03

The question, What shall be done
with Germany" has superseded fore
bodings as to what Germany might
he intending to do with the world.
Evening star., 1921-12-03

Lenin's declaration that Russia
needs capital shows unfeeling disre-
gard Of some of Trotsky's writings.
Evening star., 1921-12-03

A diplomats visiting card is often
as significant as some OF his long
speeches.
Evening star., 1921-12-03
The Old Question.

Did Bacon write the Shakespeare
plays
On which the public loves to gaze?
Did Francis live poet true,
And Bill a CRATER, through ant
through?
Evening star., 1921-12-03
Relieving Mon0tony.

"That young man says he's tired of
asking you to marry him only to be
refused"
I'm sorry to hear it," replied Miss
Cayenne. Proposing is about the only
interesting thing he does in a con-
versational way
Evening star., 1921-12-03
The Wood Forbes Report.

The last sentence of the Wood
Forbes report On the philippines
Evening star., 1921-12-03

In order to relieve the strain upon
"the man in the street." America pro-
poses to scrap the battleships. And
then along comes Henry Ford and
wants to convert the junk into more
fiiYyers.-Denver Times.
Evening star., 1921-12-03

Preserving peace will not be so
| difficult when we call In the women.
/ Their experience in the kitchen will
| tell.-Asheville Times.
Evening star., 1921-12-03
Improving.

"Your opponents are finding fault
with your grammar"
I'm happy to hear it," commented
Senator Sorghum. "They used to dis
cover SO much else to find fault with
that they didn't have time to notice
a little thing like grammar"
Evening star., 1921-12-03

"Soms men," said Uncle Eben,
gives advice because dsy has wisdom
to spare, an some because dey is jes'
natchelly talkative."
Evening star., 1921-12-03

H. G. Wells says the British en-
pire win be a dust heap within 100
years. In which case perhaps she'll
be able to pay us little of the
dust" she owes us.-Nashville Ten
N nesSean.
Evening star., 1921-12-03

Jud Tunkins says that when man
makes speech in a conference those
present listen with polite attention,
but the real audience may be several
thousand miles away.
Evening star., 1921-12-03

Think how Americas heart would
ache for the jobless If they were
on the other side of the Atlantic
Birmingham News.
Evening star., 1921-12-03

A modern good provider is one who
brings home a new dance record for
the phonograph every night.-Hart-
ford Times.
Evening star., 1921-12-03

Harold T. Luck is listed among the
bankrupts in an Ohio city. The "I''
stands for. tough" we take it.-Buf-
falO Express.
Evening star., 1921-12-03

Doctors of laws are getting almost
as common as laws.-Greenville Is.
C.) Piedmont.
Evening star., 1921-12-03

The man who says sugar is the
sweetest thing known never slept
until ten o'clock in the morning.
Parkersburg News.
Evening star., 1921-12-03

Leagues and associations manage
to get along together all right in
base ball. Why not in nations?-In-
dianapolis News,
The New York herald., 1921-09-07
500 ROAD SELLS
S1O,OOO,OOO BONDS
New Issue, Most Important of
Many Weeks, Will Be Of
fered To-day.

The Minneapolis, St. Paul and Sault
Ste. Marie Railway Company has sold
to Dillon. Read & Co. $10.00o.000 of its
ten year collateral trust 6ia per cent
gold bonds. and that issue. the first I'M
portant rail fiotation in many weeks.
will be offered to-day. Its price had
not been fixed last night, but 1t will
range between e9A and par. probably
at or near the lower figure. The bonds
are not callabie as whole or in part.
The purpose of the financing Is to reim-
burse the company for expenditures
made.
The new bonds will be direct obliga-
tion of the 500. specifically secured by
pledge with their trustee of s12500.-
900 of its twenty-five year first refund
ing mortgage per cent. bonds. series A.
of which $2,500o00 additional are
pledged with the United States Govern
ment That series is limited to S15.000,-
900 and has the benefit Of a sinking fund
of l per cent. per annum OF the total
amount of the series outstanding In the
hands of the public for purchasing bonds
I'm the market up to 100 and interest.
The company's first refunding mort
gage bonds are secured by direct mort
gage lien on all the company's railways,
equipment and other property. now
owned or hereafter to be acquired, sub
ject to it's consolidated mortgage BONDS,
Of which no additional issues can be
made. The refunding mortgage closes
It's prior bonded debt at the amount
now outstanding. A majority OF the
stock of the road is owned by the Cana
dian Pacific Railway. Dividends OF
per cent. year are being paid on the
outstanding stocks. and the company
has paid cash dividends regularly since
1903.
The New York herald., 1921-09-07
i. n. r. Refunding Bs.

Although the application to have the
Interborough Rapid Transit Company
placed in receivership should not have
exerted an important influence on the
market price of that company's bonds,
its first and refunding 5s declined to
below so. At that level the yield of
those bonds to their maturity is more
than 10 per cent, and they offer specu-
lative possibilities. The first and re-
funding 5s are first lien on the COM
pany's leasehold interest In the Broad
way and Lenox avenue subways and the
Brooklyn subway. which leases extend,
with renewals. after 1879 and 1860 re-
spectively and In the 800 year lease of
the Manhattan Elevated Railway. which
operates all elevated railroads In Man.
haitian and The Bronx. They are se-
cured further by a first lien on contracts
with the city. providing for the opera
tion OF 147 miles of additional subway
track and twenty-one miles OF elevated
track. and by first lien on all power
houses and equipment used In connection
with the operation OF the subways. The
interest on the bonds has been paid
regularly. The InterborouSh can meet
its immediate obligations II holders OF
the per cent notes due on September
consent to an extension. and II Is not
likely that they will insist on their pay
ment when they realize that such action
would mean bankruptcy for the COM
pany.
The New York herald., 1921-09-07
Toronto, Hamilton ana buffalo.

A first mortgage railroad bond that
was selling few years ago on about
4S0 per cent. basis and can be pur-
chased to yield approximately $50 per
cent Is the Toronto, Hamilton and
Buffalo Railway Company's first mort
gage 4 per cent. bonds. due on June /.
1916. Only $s,2so.000 OF those bonds
are authorized and outstanding. and
they are secured by a closed first mort
gage on the road from Waterfront juno
tion via Hamilton to Welland Junction.
Ontario, which is a part of the COM
pany's main line between Toronto ana
Buffalo. The company is controlled by
the New York Central. Michigan Gen.
tral, Canadian Pacific and Canada
Southern roads. Those four companies
have agreed to set aside, II necessary.
o5 per cent. Of their gross earnings on
traffic interchanged with the T., II. &
b. as a fund to meet the interest on
these bonds. which are prior in lien to
the consolidated mortgage of 1866 All
fixed charges have been earned on an
average of more than two and three
quarters times annually In the last five
years.
The New York herald., 1921-09-07
wabash Railroad.

Investors seeking a non-callable bond
yielding per cent for twenty years
can And 1t among the Wabash Railroad
Company's issues. The Wabash is
showing current earnings greatly In
excess Of those Of last year. Its Omaha
divisions first mortgage az per cent
bonds, due on October /. 1941. are SELL
ing on about an per cent. basis. In
1917 they were selling to yield about
$50 per cent The roads Des Moincs
divisions first mortgage per cent.
bonds, due on January /, 1899, yielded
a little more than s per cent. The
former Is secured by a closed first mort
gage at the rate of $4,000 mile on
144 miles of road from Pattonsburg,
Mo-, to Council Bluffs. Iowa, being the
main line OF the Wabash to Omaha
The latter Is secured by a closed first
mortgage at the rate of $4,000 a mile
on ninety -four miles of track from
Moulton Junction to Chesterfield. near
Des Moines, Iowa, being part of the
main line from st. Louis and Kansas
City to Minneapolis and st. Paul. Both
are legal investments in Maine.
The New York herald., 1921-09-07
New York Telephone First 4 1-as.

The New York Telephone Company's
first and general mortgage sinking fund
thirty year AIS. are secured by
mortgage on its property rights and
franchises. The company Is the only
telephone company operating In New
York city, and the only one operating
a comprehensive system throughout this
State. It's AVS are still selling on about
a 610 basis. It's mortgaged property IN
cludes all its exchanges. stations, tele-
phones, lines. &C.. including real estate.
valued for more than $32,240,00O. and
underground conduts in New York,
Jersey City. Newark. Syracuse. Roch-
ester, Albany. Buffalo and other cities.
They are secured further by a pledge
Of S52,477.500 Of the Bell Telephone
Company Of Pennsylvania's stock. w.
996,5O0 Of the Chesapeake and Potomac
Telephone Company OF New York's stock.
$4,243.500 Of the Chesapeake and Poto-
mac Telephone Company OF virginia's
stock. $685. 600 of the Electric Securities
and Construction Company's stock,
s999. 800 OF the Friendship Telephone
Company's stock and approximately
s1s,00O.0OO of other collateral. On
January 1, 1921. there were outstanding
s66,516,SoO Of these bonds out OF an
authorized issue Of $75.000.000. About
sS,30O,65O of them have been retired by
a sinking fund. They are redeemaoie
as a whole at 110 and interest on any
Of their interest dates. The hs UNDER
lie the company's thirty year sinking
fund debenture 6s Of 1949.
The New York herald., 1921-09-07
L. and N. Financing.

Reports that the proposed new issue of
bonds by the Louisville and Nashville
Railroad Company would be made soon
were current yesterday in Wall Street.
On inquiry 1t was found that advance
preparations for such an offering were
completed. but there will be no offering
until the Interstate Commerce Commits
sion announces formally its approval Of
an application for permission to issue
stock. and bonds now before 1t. The
bond issue Is contingent on the issuance
of additional stock and until a definite
order of approval is filed the bankers
are forced to mark time. An offering
during the latter part OF next week
would cause no surprise.
The New York herald., 1921-09-07
New Rail Projects.

The Georgia Railroad and Banking
Company has applied for authority to
issue f,500,o OF per cent. debenture
coupon bonds to enable 1t to pay
si, 700. 900 Of its 5 per cent. bonds and
5000. 900 OF its per cent bonds. The
Commission has approved loan OF
$4,000 to tho Arkansas HarboraTerm-
lnal Halfway to aid II In providing for
additions and betterments to its lines.
The company has been granted author
ity 70 issue $4,000 Of prior lien five
year s per cent gold notes and pledge
them with the Secretary Of the Treasury
as security.
The New York herald., 1921-09-07
Market More Active.

The bond market displayed yesterday
more activity and prices. with very few
exceptions, continued their upward
movement. In the railroad group the
most interesting development was the
advance to new high records OF the
Burlington 6Iks and Great Northern Is.
Public utility bonds were strong. and the
recently Issued Western Union 81 S
were unusually active above par Sew
eral Industrial bonds. moved into new
high ground for the year. Cuba Cane
debenture Is opened Mt 56M and ad-
vanced to bS. and United States Rubber
7ths were strong. French Ss and TVS
and all Mexican 5s were among the
most active in the foreign list. Amer
lean war bonds were irregular.
The New York herald., 1921-09-07
Lo. Angeles Bond. onered.

syndicate composed of Eldredge &
Co.. Stacy & Braun and Kissel. Kin
ncutt & Co. Is offering S1.200.000 Of the
city Of Los Angeles. CAL, 5% per
cent harbor improvement bonds. due
$4,000 annually on September 1, 1922.
to September /. 1861, and yielding 5.s5
to $50 per cent. according TO their ma
turity. They are legal investments for
savings banks and trust funds In New
York, Massachusetts, and Connecticut.
The net bonded debt of Los Angeles.
the largest city In the United States
west OF st. Louis, is stated to be less
than ~ per cent of the assessed valu-
alton Of taxable property.
The New York herald., 1921-09-07

not TO definite sum. but by carefully
drawn restrictions relating to earnings,
cost Of an Improvement, &c. Those re-
strictions protect bondholdcr az ade-
quately as though the amount OF the
issue were limited to definite cum.
They also relieve the company OF the
trouble and expense of preparing frc-
quent new mortgages as additional
funds are needed. An unlimited mort
gage also simplIfies the financial plan OF
tho company inasmuch as all Its financ-
ing may be done under one mortgage
rather than having outstanding several
issues brought out under different mort
gaseA .....--...--... ...
The New York herald., 1921-09-07
Houston Belt and Terminal.

The Houston Belt and Terminal Conn
pany's first 5s. due in 1887, are secured
by a first mortgage on terminals IN
Houston. which have been valued by the
State Railroad Commission OF Texas at
sum considerably In excess OF these
bonds The company furnishes the
sole freight and passenger terminal
facilities in Houston, Texas. for the
Atchison, Topeka and Santa Fe. the
Chicago, Rock Island and Pacific and
the Colorado and Southern roads. A
sinking fund equal to / per cent. of the
total bonds issued Is applied annually
to the purchase of bonds not exceeding
los. At the last sale price Of 81 on
the New York Stock Exchange these
bonds yielded 6% per cent. In 1912
they sold for around 100.
The New York herald., 1921-09-07
Average Bond Prices
September 8, 1891.
BOND NEWS AND NOTES.
Rio de Janeiro,. Needs.

The city Of Rio de Janeiro. is in this
market for loan of $1o.O0o.00O to $12.-
100000 to meet various municipal needs
and IT is probable that 1t will be the
next South American business to be put
across. At the moment there appears to
be competition for the business. but
nothing has been settled as yet.
The New York herald., 1921-09-07
INVESTMENT NOTES.
q. $. steel sinking Fund o..

If. as many believe. the turning point
In bond prices has been reached. and
that the day Of smaller yields Is not
for distant. one of the first industrial
issues to begin to discount the changed
conditions should be the United States
Steel Corporations sinking fund 5s. due
in April. 1868. At current prices they
yield more than $40 per cent. whereas
before the war they were on about a
per cent. basis. They were offered
originally to the amount of $4,000. 900
In 1908. There are outstanding STA
$4,000 of them out OF an authorized
$3.50, 100000. They are secured by
lien on all the company's property.
bonds. stocks, &C.. now owned or here
after to be acquired. subject to the
company's fifty year 5s OF 1861. They
are redeemable at 110 and interest on
any Of their interest dates. 1t has been
calculated that the sinking fund will
retire the issue of bonds at 110 and IN
terest prior to maturity. The sinking
fund 5s are selling around IS. In 1909
they sold above los.