davidaulloa/AmericanStories huggingface dataset:
The Marietta journal. (Marietta, Ga.) 1918-1944, 1921-08-11
DIXON SCHOOL

Principal-Nina Cook.
Honor Roll.
1st Grade-4ack Ruff, Edward
Chance.
End Grade-Edna Barrett, Mescal
England, Pauline ROBBERS, Cecil Ruff.
Bird Grade-Robert Anderson, Thel-
ma Lewis.
4th Grade Theodore Forsyth, Eth
el England, Katie Adair.
9Th Grade-Wilma Hicks, Florence
Adair, Fannie Hicks.
7th Grade-Mary Lee Rogers, Mol
lie Mathis, Clyde Adair, Cash Hicks.
We have an enrolment of "a. The
attendance is good and have made an
average of 33 1920 for the past
month.
The Marietta journal. (Marietta, Ga.) 1918-1944, 1921-08-11

pound advertised and had heard several
women talk of it, so mother got me
some. This Vegetable Compound is
wonderful and it helped me very much,
SO that during my periods / am not now
sick or drowsy. have told many girls
about your medicine and would be glad
to help anyone who is troubled with
similar ailments. You may use my tes-
timonial as you like. - STELLA LINZ
WILER, 6 Second ST., Evansville, Indiana.
Some girls lead lives of luxury, while
others toll for their livelihood, but all
are subject to the same physicallaws
and suffer in proportion to their viola
ton. When such symptoms develop is
Irregularities, headaches, backaches
bearing-down sens ations and 1.-THE
blues, girls should profit by Miss LINK
wiler's experience and give Lydia +,
.inkham's Vegetable Compound trial
The Marietta journal. (Marietta, Ga.) 1918-1944, 1921-08-11
WESLEY CHAPEL SCHOOL
Teacher-Bettis Garlic.
Honor Roll.

Val IliSs
Honor Roll
LIST Grade-Lessie Cottrell, George
Rollins, Saldin Rollins, Carry Moon
and Pearl Hammond.
End Grade-Evan Mabry, Lorrel
Pitts and Augusta Scroggins.
3rd Grade-Lesley tricks, Ethel
tricks, Claud Mabry and Arizona
Scroggins.
4th Grade Nellie Frirks, Alice
Pitts and D. C. Moon.
5th Grade-Lottis Mabry and
Pauline Cottrell.
9th Grade-Clyde Mabry, Hazel
Pitts.
9TH Grade Mary Lee Mabry and
Ruby Pitts.
We have cleaned off our yards.
Our school building and yards are in
fine condition.
The pupils are doing good work
We have on roll So with an average
attendance of 80.
The Marietta journal. (Marietta, Ga.) 1918-1944, 1921-08-11
MT. ZION SCHOOL

principal-Mrs. Grover Brooks.
Honor Roll.
1st Grade-Roy Hunton, Raymond
Maddox, Marine Dunton, Glenn Pair,
Fred Pair.
End Grade-Lois Maddox, Collie
Chance, Glenn Brooks.
4th Grade-Annie Mae Miner, Beu-
lah Moss,
5th Grade-Dean Dyson.
7th Grade-O Neal Dyson.
We have SO pupils on roll with an
average attendance of %.
We secured the school house last
Friday and gave it a general cleaning.
We intend to clean the yards this
week.
The Marietta journal. (Marietta, Ga.) 1918-1944, 1921-08-11
DAVIS ACADEMY SCHOOL
Principal Annie Moon.
Teacher-Miss Parnelle Mabry.
Honor Roll

Principal Annie Moon.
Teacher-Miss Parnelle Mabry.
Honor Roll.
1st Grade-Mae Garlic, Dora Car
lille, Clyde Waldrop, Harley Waldrop,
Henry Garlic, Leila Belle Belts, Ex-
cell Mabry, Elsie Covington, Elala
Walrop, Comic Dunn.
End Grade-Edward Wood, Will
liam Davis.
3rd Grade-Emma Belts, Howard
Davis.
4th Grade-Everett Hartsfeld, Lu-
cile Belts, Mary Kathleen Davis.
5th Grader. C. Belts, Clyde
Mitchell. ~o
9Th Grade-Cecil Duncan, Harvey
Davis.
9Th Grade-Arthur Mitchell.
This honor roll concludes a very
successful month at Davis Academy.
An unusually high average of attend
ance has been maintained and indi-
cations point to a creditabe summer
term. The patrons have been very
loyal in their cooperation; they are
assured Of the genuine appreciation
on the part of the teachers.
The Marietta journal. (Marietta, Ga.) 1918-1944, 1921-08-11
ROCKY MT. SCHOOL
Principal-Miss Irene Jolley.
Teachers-Miss Elizabeth Jamer-
Honor Rol.

Teachers-Miss Elizabeth Jamer-
son.
Honor Rol.
1st Grade-George Sims, DOYLE
Wheeler, Eva Panel, Pierce Newton.
George Rogers.
End Grade-Fannie Newton, Lena
Panel, Lois Sims, Lawson Carter, Bus
ter Peak.
3rd Grade Cooper Kemp, Clay
Beavers, Eugene Southern, Annie
Lee Steele.
4th Grade-Sarah Wheeler, Stella
Newton, Carl Dunn, Guy Newton.
9th Grade-Eula Beavers, Ruby
Newton, Ernest Owens, Edna Peak.
9th Grade-Nancy Kemp, Clara
Newton, Nettie Newton.
7th -Thelma Dobbs, Paul.
inc Peak, Pink Dawson.
8th Grade-Cifford Beavers. Pat
Kemp, Verna Lee Clayton, Lena
Kemp, Verna Lee Clayton, Lena
Kemp.
We have enrolled IS pupils, and
have good attendance.
The yards have been cleaned, and
the school room is in good condition.
Our recent visitors are Misses Ken
nette and Fincher, of Canton, Miss
Eunice Morris and Mr.. Fred Thomp-
son, Of Holly Springs, Miss Martha
McCollum, of Smyrna, and quite a
number of the community folks.
The Marietta journal. (Marietta, Ga.) 1918-1944, 1921-08-11
COUNTY SCHOOL HONOR ROLLS

3rd Grade-Evelyn Allgood, Lucille
Brown.
4th Grade-Bessie Browns Clar-
ence Wood.
Attendance this week has not been
as good as last week on account of so
much rain. Although we've had an
average of 80.
We have 80 on roll and the pupils
seem more interested in their work
than they did in the winter.
a visit from our County Supt.
would be appreciated.
The Marietta journal. (Marietta, Ga.) 1918-1944, 1921-08-11
COOPER SCHOOL

Principal-Mrs. w. J. Hill.
Honor Roll.
1st Grade-Millard Watson, Viii.
lard Hill, Melvin Thomson.
End Grade-Janie Hill, Thomas
Watson, Watson Leatherwood.
3rd Grade-Lillie Mae Cox, Agnes
Mcdonald.
4th Grade-Eunice Mattox, Helen
Duke, Clarence Veitch.
5th Grade-Florence Mcdonald.
Attendance has been excellent fol
the past two weeks.
The Marietta journal. (Marietta, Ga.) 1918-1944, 1921-08-11
We have enrolled SO and had 81

We have enrolled '83 and had 81
in attendance.
We've rented an extra room and
if our school keeps increasing we'll
soon need third room.
We've had as visitors, Mr.. W. c..
Waldrop, a trustee; and Messrs. ".
L. Alley, Charlie Anderson and Jerry
Bearden.
1t keeps raining until we can't
keep our Fairgrounds as nice as we
would like.
The Marietta journal. (Marietta, Ga.) 1918-1944, 1921-08-11

End Minnie Lee Singleton,
Lucy Glore.
3rd Grade-Coleman Mckinney,
Jim Moore, Hiram Ransome.
4th Grade-Culiar Ergle, Halle
Glore.
9Th Grade-Doris Daniel, Mary
Glore, Roy Howard.
9Th Grale- Ellis Singleton, ]. O.
Glore, Sarah Lou Ransome.
7th Grade-Cecil Daniel.
Our attendance for the past two
weeks has been an average of thirty.
six.
The Marietta journal. (Marietta, Ga.) 1918-1944, 1921-08-11
WILLEo SCHOOL

Principal-Miss Katheryn Bishop.
Honor Roll.
1st Grade-Gustie Burdette, Mary
White, Clyde Bishop, Newt Stapp.
End Grade-Mable Coleman, Cora
Bishop.
3rd Grade-Katie Stapp.
4th Grade-Lucile Lozenby, Gretha
Webb, Mildred White, Herbert White.
9Th Grade-Lucile Tumlin, Stella
Stapp, Matte Bishop, Junior Bishop.
9Th Grade-Myrtie Grey, Pearl
Grey.
7th Grade-Paul Burdette.
Except for two absences during the
past two weeks, our attendance has
been 100 per cent.
The Marietta journal. (Marietta, Ga.) 1918-1944, 1921-08-11
PIEDMONT SCHOOL

Principa1R. A. Cunningham.
Teacher-Miss Flora Alley.
Honor Roll.
1st Grade-Ludie Mae Holcomb
Nellie Blalock, Ernest Dobbs and AL
bert Ballew.
End Grade-Howard Scroggins
Francis DeFoOr, Edna Mcintyre.
3rd Grade-Ethel Medley, Hilton
Cloer, Oscar Hopper and Talmage
Medley.
4th Grade-Andy Waldrop, Hor.
ace Forester, Fred Cunningham and
Coy Dean.
9Th Grade-Dova Gillian.
9th Grade-Reuben Ballew.
The Marietta journal. (Marietta, Ga.) 1918-1944, 1921-08-11
OSBORNE SCHOOL

Principal-Corinne Scott.
Teacher-Iowa Davis.
Honor Roll.
lst Grade-Aleitha Wilson.
End Grade-Herbert Scott.
Srd Grade-Tyre Lee Terry, Clyde
Mcconnell, Era Chapman, Mae viii
son.
4th Grade-Florence Brooks, Eliza
9eth Cantrell, Gertie Lou Mcconnell,
James Terry, George Ford.
9th Grade-Leory Davis, Waunet
The Marietta journal. (Marietta, Ga.) 1918-1944, 1921-08-11
DUE WEST SCHOOL
Principal Bessie Kemp.
Honor Roll.


Honor Roll.
1st Grade-Roy Loggins, Nellie
Turley.
End Grade-Elsie Gregory, Mar
garet Compton, Clyde Blivens.
3rd Grade-Nellie Reid, Laura Hef
ner, Monroe Turner, Jewel Austin.
4th Grade-Lawton Austin, Dollie
Campbell, Raymond Compton.
5th Grade-Savilla Turner, Louise
Compton, Carrie Belle Hamilton.
7th Grade-Grace Keith.
School is moving along nicely. We
have fifty on roll. The majority
seem interested and attentive.
We have installed individual drink
ing cups, a new well shelter which
was very much needed has been
built, a few benches made and sever
al desks remodeled.
The Marietta journal. (Marietta, Ga.) 1918-1944, 1921-08-11

sever al IIlOIlLtlS WIFI
ire gular periods.
Every mon tn my
back would ache and
/ always had a cold
and felt drowsy and
sleepy. / work in a
millinery shop and /
went to work every
day, but felt stupid
and would have such
cramps. ! had seen
Lydia E. Pinkham's
Vonofohla Cow
The Marietta journal. (Marietta, Ga.) 1918-1944, 1921-08-11

Brooks.
9Th Grade-Fannie Mae McCorn
ell, Johnnie Terry, Linton Hadawav
We have an enrolment of 81 and
the attendance is good. We have bod
several visitors, among others. Dr
Todd and Mrs. Ward, who gave Tho
typhoid serum to most ali of the
school children and several people
in this community.
The Marietta journal. (Marietta, Ga.) 1918-1944, 1921-08-11
ORANGE HILL SCHOOL
Principal-Mrs. A. A. Bates.
Honor Roll.

1st Grade-Elizabeth Alexander.
4th Grade-Hubert Brown, Dew
lit Alexander, Louise Norris, Pearl
Kiser, Amos Bates, Herbert Brown.
9th Grade-Audrey Lee Kiser, Luz
cile Brown.
Those visiting our school for the
past week were, Prof. Hugh Moore.
Mrs. Lucy Quinn and Mr.. A. A.
Bates.
Our average attendance is 35 pu-
pills, with al on roll.
The Marietta journal. (Marietta, Ga.) 1918-1944, 1921-08-11
FLOYD SCHOOL

Principal Miss Clara Wallace.
Honor Roll.
LIST Grade-Opel Wallace, Estell,
Heatley
The Marietta journal. (Marietta, Ga.) 1918-1944, 1921-08-11
YOUNG GIRL
FINDS RELIEF
Wants to Tell Other Girls
All About 1t

Evansville, Ind am eighteen
years old and have been bothered for
The Marietta journal. (Marietta, Ga.) 1918-1944, 1921-08-11
FOREST HILL SCHOOL
Prineipal-Pearl Mcpherson.
Honor Roll.

1st Grade-George Brown, Jr.,
Luther Wood, Herman Wood, Emma
Martin, BERTHE Martin, Horace Bow
en-, Matte c. Bowen.
End Grade-Linton Croft, Lourean
Croft, John Allgood.
The Republican. [volume] (Oakland, Md.) 1877-current, 1921-07-21

of its fiscal agents, has been elected
president and general manager of a
large eastern bond and brokerage cor
poration with headquarters in New
York and with branch Offices in the
eastern, western and Pacific coast
cities. The nature of the firms bust
ness is handling municipal and indus
trial bonds and approved preferred
stock issues, the discounting of trade
acceptances and commercial paper, to-
gether with a special department for
the operating of coal and other mining
property on a broad scale throughout
the United States.
The Republican. [volume] (Oakland, Md.) 1877-current, 1921-07-21
ROAD PETITION.

Notice is hereby given that thirty days from
and after the first publication of this notice,
application will be made by petition to the
County Commissioners of Garrett county Nd.
for the appointment of examiners to view and
locate public county road in Election Dis
trict No. g. in Garrett county, Maryland, be-
ginning at point on the Fnzel road near
the Finzsl postotiice in the town of Finzei.
Md, and running thence in a westerly direc-
ton through the lands of Anna Baker. Henry
Finzel, Lulu FinZel, James Brown, Blue Jay
Lumber Company and George c. McKinzie to
connect and intersect with the Pocahontas
road near Samuel Weime-s line, a distance Of
about one mile in length.
ERWIN STEINLA
GEORGE c. MCKENZIE,
FLOYD GROVE, and others.
Published first time July Il, 1921.
The Republican. [volume] (Oakland, Md.) 1877-current, 1921-07-21

LAST MONTH, on a bet.
WITH THE boys up home
| SPENT a night.
ALONE IN the old.
HAUNTED HOUSE.
AND WHEN 1 heard.
MoANs AND groans.)
SAID 1.-THE wind"
AND TRIED to Sleep.
! HEARD rappings.
AND SAID Rats"
AND ROLLED over.
THEN | heard steps.
AND IN the light.
OF A dying moon.
A WHITE spook rose.
| WASN'T scared-much.
BUT DIDN'T feel like.
STARTING ANYTHING.
BUT THEN I caught.
JUST A faint Whit.
The Republican. [volume] (Oakland, Md.) 1877-current, 1921-07-21

OF A familiar.
AND DELICIOUS smell,
WHICH TIPPED me off,
so gave the ghost.
THE HORSE laugh.
AND SAID Ed
YOU FAT guys.
MAKE BUM ghosts.
BUT BEFORE you fade.
LEAVE WITH me one.
OF YOUR cigarettes.
THEY SATISFY"
THAT spicy, delicious aroma
L of fine tobaccos, both Turkish
and Domestic, makes you almost
hungry for the "satisfy-smoke.'
And there isn't a ghost of a
chance you'll ever find its equal
anywhere-for the Chesterfield
blend is an erclusiUe blend. It
can't be copied.
Hare you seen the new
AIR TIGHT tins of so?
The Republican. [volume] (Oakland, Md.) 1877-current, 1921-07-21

Mrs. Jeffries, of Baltimore, is here
visiting Mr.. and Mrs. Joseph E. Har-
ned.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-07-08
STEEL PRICE CUTS.

NEW YORK, July s.-While the an
nouncement OF the second cut IN
prices by the Steel Corporation came
about a week or so before II was ex-
pected, 1t failed to arouse the enthu-
siasm hoped for in many circles.
1t is too early yet to tell deflniteiy
whether the reductions will result IN
any increased demand. There is
feeling that the result will not De as
satisfactory as hoped for.
Many Independents are already snau
ing the prices announced by united
states Steel. While this practice IL IN
vogue consumers who are obligeo 10
buy will hunt around for the best con-
cessions obtainable, while those In
position to do so will hold off their
orders as long as possible.
Tho only measure that viii result
In a good, quick demand 10 the install
lation in the minds OF consumers tne
belief that prices have reached ROCK
bottom. Then they will buy, and not
until then.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-07-08
Foreign Trade Corp.
To Begin Next Fall
ADVANCING
INTERESTS

The Foreign Trade Financing Corporation which is to have
z capital of 400, oooo 900, is not to be dropped
This the emphatic message received in Washington na
cal circles today from John Ntzhugh, of New York, who is
chairman of the committee organization Of the big enterprise
The statement made by Mr. McFugh in rebuttal OF
that have been circulating in the financial circles of the
country that the corporations endeavors to obtain the needed
capital had been SO frues as to demand suspension OF
project
H. H. Mckee president of the National Capital Bank, who
the committee of three charge of the work OF secur-
ing subscriptions this city, when seen shortly
noo decpe to m
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-07-08
HIDE AND LEATHER IMPROVE
MENT.

There is at least one company that
VIII Issue a quarterly report this
month that will be encouraging be.
cause IT will reflect the steady i'm
provement in the leather Industry
over the past three months.
Ihis Is the American Hide and
Leather Company, which. after report
ing deficits over the last year and a
half, VIII show satisfactory earnings
as result OF It's second quarter opera
lions. insiders have been quietly
picking up the stock in anticipation
or the favorable showing.
The company has HAN per cent
back dividends on the preferred which
adds to this issues speculative attrac-
ton Tor Whenever earnings are good
some part of the deferred payments
are met in addition to the regular dis
bursement.
American Hide and Leather was One
of the few companies to complete its
readjustment without additional
financing and without cutting into as
sets 10 any great extent.
IL has retired all its bonds Having
the preferred as it's major Issue. with
prior right on all income. while
April net income is understood to be
slightly less than 100000. MAY and
June, II Is stated, each showed a sub
stantisi gain.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-07-08
Country Promised One
Billion Tax Reduction
EDITED BY
WILLIAM M. CONRAD

Reduction in taxes by $4,000 900 within year. is
predicted by Administration leaders the basis of programs
for rigid governmental economies and to compel tax
evaders to meet their just tax liability
President Harding after conferences with Charles O. Dawes
director of the budget Secretary of the Treasury Mellon and
Internal Revenue Commissioner Blair is understood have APP
proved plans which will radical tightening up in gov
ernmena administration, not only with the object of stopping
'1eak but of enforcing payment to the govern
ment of huge tax sums by large concerns
Since big corporations enabled to merely give bonds as
evidence of their good faith to get out of paying taxes law
fully assessed running in hundreds of from 1000
500 EACH and avoid by legal maneuveng payments
Government there Is sufficient for the wide gap
between receipts and expenditures in the Treasury officials said
after a study of the situation.
The President his Cabinet have determined to put
the screws" the type of which have sought to
up every imaginable legal device to avoid payment OF
government taxes it is learned. ,tS#
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-07-08
STRONG UPWARD
MOVEMENT STARTS
|. IN EARLY MARKET
Following a Weak Opening
Stocks Take a Sudden Turn
For Better and Advance.

NEW YORK. July s.--The stock
market was weak In the early trad
ing this morning.
United states Rubber broke AZ
points to 40 on the passing of the
on the common stock. Mex
lean Petroleum declined " to So.
OIL declined " to 2oh.
receded Y to 1871.
Reading lost " to IS. General
moved up u to 62%. Amer
loan Wooden declined u to 6sh.
American Sugar Refining yielded "
to e7h. Bethlehem Steel "B" de-
cIiped IN to ASH. and Baldwin Lo-
connective rose " to rs,
Losses were sustained in some OF
the other issues. but the initial de-
clines were followed by good ad-
vances.
u. s. Steel indicated the general
market tendency. opening down Y to
TAN and then moving up TO 15A.
Studebaker yielded v to T9& and
then advanced to siA.
Railroad stocks moved In the same
way. declines in the first few minutes
being followed by advances. At the
end of the FIRST fifteen minutes the
market was active and strong and a
vigorous upward movement was In
progress.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-07-08
Wholesale
Produce Market
tFurnisesd by Tidswatsr Linsa Iaa)

Only slight changes on the fruit
and vegetable market Is noted from
quotations, other commodities remain
ing steady. e..
EGGs-strictly fresh. ace: Southern. ace
PoULTRY.Alive: BOOSTERS. lie per ID. !;
,gTssg, ssa,se Per IA aoS sslsEep 'g.,rs
killed killed spring chickens. ssSsae per 10;
hens. sae per ID; rosters aso per 10. /;
roRR-Dressedi small. $50 Fer ID. !;
medium, is0lto per ib.i heavy. io0lse
per H.
LIvEsToCX-calvesf choice. s0ioo per
APPLES-Bbls., virginias and Wee,
virrtniss, No. / York Impsrisis, s7Vie
s.S,sns best $40; poorer o 81: Ben p.Si.
BEETs-FIorid., Sc bunch.
CABBAGE-Hom.Gro sf.0o025o per
VcARRoTs--N.w York. bunch. So
CEBERY-Green tops. s2.25@a00.
cUcuMBERsEiiS66 400 per bu.h.L
LETTUcB-virsinis and nearby. tI.Bo.
crates, yellow Bermudss, commercial PACK
mixed, No. I and ?, tl.bo@s2.oo.
EGdPLANT-Florids, crates, t2oo9 100.
SWEET PoTAToEs-North caroiins
busheI baskets, s2.o00aBo.
WHITE POTATOES-North Carolina
and Virglnias, Irish Cobiers, No. i, per Dbl
S30oR2.7b; few f2.b0,
TOMATOES-Florids, s-beskst crat.a
fancy best, s22bn2.Bo.
PFPPERH-Florids. all sizes 81. 40 n 500
PEACHEs-Georgias skies. ts.o00s2s:
North Carolinas mostly, $500
oRkNGEs-cslifornis, sA2S@Soo.
LEMONs--California, all sizes 1O@1l.
PEAs-Homs grown, hampers, $500
RADIsHEs-H.mper.2 e7xe per bunch.
STRING BEANS-Hampsrs, 1880 a. 90
sQUAsH-HoineErovn. bush.l crates
81 500 t4.Oo
WATER MELONs-oeorgis and Florida
70 70 ~ lbs., 500 toc: az TO ls lbs, so q
soc! IS TO 30 lbs, 7bdtoc.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-07-08
RESERVE BANKS
EXPECTFURTHER
REIMBURSEMENT
Mid-Year Review Sees First
Period of Reconstruction
Closing With Effect.
ny international News Service.

The Federal Reserve Board today
in it's mid-year review of financial
and business conditions, stated that
the period of resdjustment is draw
ing to a close.
While IL would appear at the
present time that the period of re-
adjustment is drawing to a close.
this does not necessarily mean that
there will be no further movement
or recession. or that the process of
readjustment has completed itself"
the board said.
There are many factors which
seem to make II sure that still fur
Their work in the direction of read
Justment must be accomplished be-
fore even Approximate stability can
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-07-08
ALLIES NOT PAYING INTEREST.

According to information at the
Treasury, the Chancellor of the Ex-
chequer of Great Britain. when asked
in the House of Common recently
whether France. italy, Belgium and
the other allies, whose obligations
have been increased in the last twelve
months, are paying the interest on
these loans. replied mat with minor
exceptions. no interest is actually
being paid, the amount charged on
account OF interest being added for
bookkeeping purposes to the capital
debt outstanding.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-07-08
INDEPENDENT sTEELs.

The prompt announcement of price
slashing by the Steel Corporation
does not promise much In the way
Of Immediate Improvement for Cruel
BILE, Republic and other independent
steel companies.
The emphatic statement Of the pur-
pose of the cut-"to put prices on the
levels established by competitors"-
ran be regarded as a warning that
the corporation Is out to get busi-
ness.
What's more. u will get II II there
Is any TO be had. when, It's untitled
tonnage hovers around the 5000, 600
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-07-08

NO FORMAL STATEMENT.
While the corporation does not in
tend to make any formal statement
In the matter. Mr.. Ntzhugh, says that
Sufficient funds have been subscribed
70 insure the enterprise beginning
business In the fall with capital
fzation OF at least $4,000, 900.
This does not mean that We ex-
pect to start business on as large
scale as we had at FIRST hoped for"
Mr.. McHush points out as owing
to existing conditions throughout the
, country, IL would be foolhardy to try
to raise the s100,0o0.0oo at arst pro-
posed.
The $1oo.0O0 allowed for under
! writing. although II has been well
spent. has not permitted of as ex-
tensive q campaign for funds as the
project demands. The results that
have been accomplished have been en-
, tirely satisfactory, however. and
every effort 10 being made toward the
education of investing America In
the merits and urgent need of this
enterprise.
There are stu some details which
have to be attended to. such as
In some States. hinder the market
ing of our securities, before the cor
poration will be ready for actual busi-
ness.
f"Our plan, now is to start opera
tions with az little delay as posi-
bic, beginning on as large a scale as
eur capital will permit believe we
will have close to $40. 200, 900 Invested
capital by fall, when We hope to
commence business, we will have to
start small, expanding as our bust
ness progresses"
EXPENDITURES OF RAILROADS.
The railroads are expected to take
advantage of the lower wage rates
and to increase expenditures for
maintenance. railway supply people
believe. There are few inquiries
now for equipment and car repairs.
The railroads are cutting down
maintenance expenditures to a mini
mum and will find IL necessary to
put all their rolling stock In good
condition soon.
Curtailment in maintenance was
marked in April and has been no
ticeable ever since the slump in
traffic set in last january.
In April the class 4 railroads cut
down expenditures for maintenance
of way. by 31t,S76.242. an amount
equal to the combined reduction for
january. February and March.
Maintenance of equipment was re-
duced in April by ss,s1s.s12: yet
even through these drastic measures