davidaulloa/AmericanStories huggingface dataset:
Evening star., 1921-11-11

ton. which will insure friendship and
good mutual understanding between
the nations, are regarded as of great
value and Importance. My govern
ment would emphasize the pre-
eminently vital interest which Japan
Of the Pacific and the far east. She
has devoted her utmost efforts toward
securing its permanence, and its main
tenance might we'll be to her matter
OF prime concern. She therefore finds
1t accords entirely with her inmost
desires to reach in conference a meas
ure OF understanding which shall in
sure peace being placed once for all
upon permanent basis in these re-
gions. 1t is earnestly hoped, there
fore, in Japan that the conference
will secure really useful results and
provo a practical success.
Gladly Concurs in Proposal.
THE Japanese government gladly
concur in the proposal Of the United
States government that the scope of
the discussion of the Pacific and far
eastern problems shall be made the
subjects for free exchange OF views
prior to the assembly Of the confer
ence. They hope that the agenda of
the conference will in this way be
dITANSeU III harmony with (He SuS
gestion made in the memorandum of
the Japanese ministry of foreign af-
fairs Of July 26, 1921. bearing on the
same subject, in order that the labors
OF the conference may meet speedily
with the fullest measure Of success
ful achievement.
''The undersigned cannot conclude
without again expressing the thor
ough and hearty sympathy of his
government with the thesis. so clearly
and Justly stated in your note, of the
crushing encumbrance and menace
which modern armaments present to
civilization. No efforts can be too
unremitting to reduce that menace
and encumbrance. In the full con-
sciousness of this fact, the initiative
Of the President Of the United States
is warmly welcomed and deeply ap-
preciated, and I would ask you so to
assure the President"
Italy Senda Acceptance.
Italy, on September /, it was an
nounced by the State Department.
signifled her acceptance Of the invi-
tation to attend the conference.
On September 10 the State Depart
ment announced that the American
legation at Peking had received re-
Gently from an agent Of the so-called
far eastern republic a request that
representatives thereof should be ad-
mitted to the approaching conference
on Limitation Of armament, at which
Evening star., 1921-11-11
Lads of the Golden Star.

BY LORENA DAWSON CHAFFEE.
Dedicated to Her Son.)
You left us in life's early morning.
When the call came so clear from
afar:
For you 1t was eternity's dawning,
Brave lads Of the Golden Star:
Life held to you hands rich with
promise:
Love waited your manhood to bless;
But bravely you followed the banner
To the land lying crushed and dis
tressed.
With life-blood you've written your
story
On the poppy-strewn meadows afar;
! No tribute can add to your glory,
Brave lads Of the Golden Star
Now the Great Captains banner en-
folds you:
He'll lead you where still waters
No longer the strife and the conflict.
But His peace, perfect peace. you
shall know.
CHORUS:
Oh, ladies' Of the little star,
Once blue, now turned to gold.
Do you know up there in heaven fair
You're our own lads, just as OF OLD
Never shall you be forgotten, tho the
pathway stretches afar;
Wen meet you at last when ines
journey is past.
Dear lads of the Golden Star.
Evening star., 1921-11-11
The Unknown Soldier.
ny j. H. WILSON.


Sung are the songs OF the heroes, the
captains;
Told are the tales of the great decds
Monuments mark where they lie un-
forgotten;
None OF their glory is lost or is hid.
Sing now song oil :. plain man, a
private,
Briefly, the epitaph carved in the
stone
Tells us that somebody, somewhere in
battle,
Recompensed meagerly.
Challenged death eagerly,
Died unknown"
Think how he went from a hearth
stone unthreatened.
Went with the nrSt, at the frSt caIl
to arms.
Little of hope of renown or of glory
Led him to meddle with wars wild
alarms.
Only the surge of inherited manhood
Answering tyranny's menaclns cry,
Call of the blood and the instinct OF
duty,
Took him forth valiantly,
Manfully, Gallantly,
Forth to die.
Which was sacrifice, absolute. final.
That of the leader who lost life
alone,
Gaining reward in renown and in
glory,
Or OF the man in the tomb marked
"UnknoWn?"
Honor today to the hero who rendered
Not only life, but his memory and
name,
Died for his country when death
meant oblivion,
With grim serenity,
Died a nonentity,
Lost to fame.
Honor to all of the nameless who
perished
Silently, noted by no mans acclaim.
Honor the rank and file half forgotten
Here in this soldier bereft of Il
name.
Honor, in him as a sign and symbol.
Unnumbered thousands. To them
stands the stone.
Spirits of all who went west like
good soldiers!
God spare all ill to you!
Peace and good will to you!
Brave Unknown"
Evening star., 1921-11-11
EPITAPH FOR
The Unknown. American Soldier
by ANNETTE kOHN.

Within this nation hallowed tomb
An unknown soldier lies asleep,
Symbolic comrade of ALI those
Who. on the land, on sea, IN air,
In that red death across the seas.
Sealed with their blood the sacred
truths
For which our country ever STANDS:
That righteousness is AL the law
That juStlcc is true government
Mans liberty the gift of God.
In memory OF the faIth ihey kept
Here through the ages ali the land
AS honor guard on watch Will stand!
Evening star., 1921-11-11
Our Unknown Soldier.
Y VIRGINIA NELSON FARMER

BY VIRGINIA NELSON FARMER
The shrine at Arlington is now your
tomb.
o nameless Hero, and. in honoring
you,
Our country honors all her heroes
who
Laid down their lives to stay the
darker doom
For Freedoms torch was flick'ring
into gloom.
steadfast you fought against the
vicious view
That Liberty existed for the few.
That Justice was a whim on one
mans loom.
Unknown and dead, yet with a living
fame,
Your valor, that Of thousands,
thrills the soul.
To Hate, a stranger; new to Wars
dread claim;
You reached and ever hold the
highest goal.
In peace rest in your tomb, you
make 1t great,
Your spirit, not these stones, in
spires our State.
Evening star., 1921-11-11
that will be conducive to the pros
perIty and peace of the world"
,Inn0nsa II en1v TmfepARffn~

that will be conducive to the pros
perity and peace of the world"
Japan's Reply Interesting.
Japan's acceptance was made public
August "a, and her note to this gov
ernment attracted worldwide atten-
ton, having been awaited with great
interest because OF the time elapsing
before sending it. The note, signed
by the minister of foreign affairs, fol-
lows:
Il have the honor to acknowledge
! the receipt Of your note of the 18th
! of this month. in which you intimate
| the qualification of the President of
the United States at the cordial re-
sponse which has been accorded to
his suggestion of conference on the
subject of limitation Of armament
and cognate topics, and in which you
ton to this government to participate
in such conference to be held in
Washington on the 11th of November
next on the subject Of limitation of
armament. in connection with which
Pacific and far eastern questions will
also be discussed.
TN communicating to you for
transmi ssion to the President, the
hearty and appreciative acceptance OF
this invitation by the Japanese gov
ernment,. I would ask you to be good
enough in the first place to say to
Mr.. Harding with what pleasure the
government sees him take the initia-
tive in this all-important matter; his
great office, the pacific traditions OF
your republic, and his own high per-
sonal qualifications invest his act with
a personal appropriateness which
must be universally felt and recog-
nixed.
Chronic Object OF solieitude.
'sThe peace and welfare Of the
world has been = chronic object Of
solicitude to the Japanese govern
ment and people. That attitude has
not remained a platonic policy-it
has been followed out in action. 1t
results naturally from this pacific at
titude toward world problems that
government and people alike should
warmly welcome the idea of the imi-
tation Of armaments and the removal
Of the deadening burden on industry
and cultural development which
swollen and competitive armament
create.
This government Is also COM
pletely sympathetic to the valuable
suggestion advanced in your note,
that 1t may we'll be desirable that
the use OF novel agencies of warfare
should be controlled.
The discussion and removal Of any
causes of misunderstanding which
may exist, and the arrival at. an
eventual agreement with regard to
general principles and their applica-
The New York herald., 1921-08-21
FINANCIAL NEWS
AND COMMENT
Net Changes in Stock Prices
Small and Trading Is With
out Significance.

The abbreviated session In the New
York Stock Exchange yesterday gave
professional bears little opportunity to
exercise their talent, but short selling
made itself felt in Independent steel and
motor shares and General Asphalt
Elsewhere the net changes were frac-
tional and trading devoid OF signifl-
cance. The volume was a trifle In ex-
cess of 100000 shares and a typical mid
August end of the week session resulted.
The declines in the issues subjected to
professional operations were due not so
much to the extent OF the selling. which
was relatively light. as to the complete
absence of support or buying power. In
fact the market machinery did little
velopments were not lacking. notably
the further cut In wages by the Uniteo
States Steel Corporation and the clear
cut evidence that business in many lines
cial situation is eminently sound, with
the fundamentals of credit improving
every day. But the market paid no at
tention to favorable or unfavorable de-
velopments.
The active issues whose net declines
exceeded fractions were American Car
and Foundry, Crucible Steel, Republic
Iron and Steel, General Asphalt, Pierce
A iao "a
list was irregular to heavy. Chandler
and United States Rubber got into new
low ground. but rallied subsequently.
The rail market made no response what
Labor Boards decision in the matter of
overtime rates of pay. Attendance on
the floor of the New York Stock Ex-
change was light and customers rooms
of brokerage houses were all but de-
serted. Trading in foreign exchanges
was dull and uninteresting due to no
Saturday sessions In Europe. Sterling
advanced fractionally and marks had a
point setback. Nothing of consequence
happened in the commodity markets.
The feature of the bank statement
was a further decrease in the loan ac-
count, the contraction for the week
being s39.o49,00O. There was little net
change In demand and time deposits
combined and surplus reserve closed the
week at s16.975.670. an increase of
s1,171,720. The margin between loans
and deposits as reported by the New
York Clearing House is down to ap-
proximately 100000. 900. United States
deposits at the end of the week were
sS1.177.0o0 and additional Government
deposit Withdrawals are anticipated for
Tuesday.
The New York herald., 1921-08-21
Brokerage Opinion.

Good buying continues in the rail is
sues on all slight recessions. Practi-
cally all these issues are selling below
their worth we continue to believe."--W
e. Hutton & Co. There might be some
rather urgent selling of securities as the
tax payment date approaches, but from
present indications the market will be
in a position to absorb these sales.
When the public takes cognizance of the
important fundamental changes that
have taken place during the last year.
we win undoubtedly witness something
akin to an old time bull campaign. -
l.. w. Wagner e Co. "In the long run a
higher range of values will no doubt be
brought about, as underlying conditions
are in the main improving and the gem
eral run OF stocks are not dear, but
there are still sufficient uncertainties that
make for a cautious attitude pending
their solution. With this in mind. not
much change in the character of the
market Is anticipated" Clews &
Co. "We see no reason to look for other
than lower prices for the general list, and
especially in the industrials. Prince d
Whitley. Summing up the present gen.
eral situation, while no prediction can as
yet be made regarding the start OF an
actual bull market. 1t Is our opinion
that good stocks are now far more at
tractive at their present levels, as
purchase. than as a short sale. car
pender, Caffry & Co.
The New York herald., 1921-08-21
Rail Labor Boards Decision.

Not having received complete details
OF the United States Railroad Labor
Boards decision directing the payment
OF time and a half for overtime work
over eight hours and for Sunday and
holiday work, except when absolutely
necessary for continuous operation. local
railroad officials preferred yesterday to
reserve comment until an opportunity to
study the decision had been given. a
deal of calculation would be necessary
it was said to estimate even roughly the
resultant yearly cost to the carriers
through the payment Of time and half
rates for overtime service. In one
quarter the opinion that the rules ap-
proved by the board would work out
somewhat more favorably for the larger
than for the smaller railroad repair
shops was hazarded. Since the decision
in the main upheld the contentious Of
the union organizations. 1t is believed
that it may cause certain railroads to
follow the lead of the Erie in leasing
its shops at Hornell. New York. and
Marion, Ohio. to private corporations
and others to farm out an increasing
amount of repairs on rolling stock to
outside equipment plants.
The New York herald., 1921-08-21
BRIDGES IN FLORIDA
MARKED FOR SEIZURE
Owners of PriUafe Estates
Face Court Fight.

Word has been received here that at
tempts are being made by authorities
in volusia county. Florida, TO seize
without compensation the six toll bridges
over the Halifax River, many OF them
built by New York owners OF estates,
who have permitted them to be used
for the general benefit of the communi-
ties. Protests have been made principally
by citizens or New Smyrna and Coro-
nado, and boards OF trade have adopted
resolutions criticising tho movement
said to be sponsored by members OF the
Board of County Commissioners.
The bridges were built at an
aggregate cost OF about 100000. and
some OF them have been in use for
twenty-five or thirty years. Two built
by Washington l.. Connor near New
Smyrna, following his purchase of n
large tract and another at n cost of
$4,000 over the North Indian River are
included in the plans for seizure. The
latter bridge Mr.. Connor offered to sell
for $4,000, but the county commissioners
decline any payment
The commissioners also have marked
for conflscation the toll bridges owned
by the estate of James Stetson OF New
York, who founded the Stetson Uni
verslty near Now Smyrna 1t is re-
called that several years ago n New
York man built trolley line from Day
tona to the hotel section OF Seabreeze,
but tore II UP two years later because
Of persecution BY officials OF the small
towns en- route.
The fight will be carried to che higher
courts
The New York herald., 1921-08-21
MAXWELL-CHALMERS
ASSETS ARE $7O,537, ,62O
NeW Company Issues First
Financial Statement.

The first financial statement OF the
new organization of the Maxwell -Chal-
lners Company was issued yesterday in
Detroit. according to dispatches from
that city, its balance sheet as of June /
showing total assets of s70,537,620. Its
cash In bank and receivables from re-.
organization committee totals, including
certificates of deposit. was s7,931,S61.
and its inventory SIC. 66,S67 The COM
pany's current assets of S2S,6f5, ,09s con-
trast with its current liabilities of ST.
S55,179. William r. Wilson, president
OF the company. commenting upon the
statement. said in part
Inventories are only n little more
than 60 per cent. of those OF the old
company year ago. Direct and contin-
gent liabilities are less by approx
mately S12.600.000. Sales have been ef-
fected to such an extent that the number
of cars and trucks in inventory is only
slightly In excess OF daily production,
and the number of cars in the hands OF
distributors and dealers is less than nor
NAL Assets in plant and equipment have
been conservatively valued, and adequate
depreciation maintained, and the value
of inventories has also received depreci-
alton consistent with the fall In market
prices"
The New York herald., 1921-08-21
CONSOLIDATED EXCHANGE.

There was a recessionary trend in
most industrial groups during the last
week on the Consolidated Stock Exchange.
losses being widest in oil, motor and
speciality stocks while rails finished the
week about on a parity with the clos
ing figures OF August IS. Famous Play
ers and Coca Cola moved against the
general swing, the former rising az to
53A. and the latter / to 32M. Declines
OF 6h In Mexican Petroleum to 92, 6A
In Studebaker to 66h. 5 I'm Cuba Cane
Sugar preferred to 20B and In Inter
national Harvester TO 67A were feature
changes.
Retail Stores was down az to ASH.
American Llnseed 3 to 1SN. Westing-
house u TO 40, General Asphalt 2H to
52%, American woolen ga to 66ss
Central Leather 2& TO 24A, United
States Rubber 1& to As. international
Paper 3la to 42K. Corn Products 2 to
G4Ss. American Sugar ] q to 62. Kelly
Springfield "a to $685., Sears Roebucls 9
to 62h, United States Steel to 73h,
Crucible / Il to SO, Bethlehem Steel B u
to i7fs, Baldwin Locomotive ! * to
1913. Pan American 5ss to IL, Cosden
3h to 23h. Pierce Arrow rs to 12s,
Chandler 3A TO 42h, American Sumatra
al to 4S. Atlantic Gulf l TO 19M and
American international ia to 29ss.
The New York herald., 1921-08-21
METALS.

Copper was quiet during last week.
Prices have held steady in absence of
selling pressure. The unsettled ruling
OF foreign exchange and weakness In
London had rather depressing effect
on sentiment and operated against any
revival of export business. The decline
in the London market which carried
futures to the lowest levels since last
March. has been attributed largely to
speculative liquidation. Small lots Of
electrolytic are said to be available still
for around IL cents for spot and prompt
delivery. and producers are quoting 12h
to 1874 for September and October.
Tin declined to new low basis, due
to increasing supplies and weakness in
London, but later rallied partially.
Lead was steady, with demand satis-
factory and producers well sold UP for
the month.
The New York herald., 1921-08-21
chicago and Eastern Illinois.

The prospect that the published re-
organization plan of the Chicago and
Eastern Illinois Railroad will be declared
operative Is believed in certain quarters
to be better than it was few months
ago and 1t is expected generally that the
balance Of the assessment, amounting to
s25 a share, will be called for in October
or November. For the first six months
OF 1921, the road reported gross revenues
Of $12,S50,000 and net operating deficit
of $3S0,321. The months have been pro-
gressively better, however, with the re-
suit that in June its net operating income
of $93,777 was shown With reduced
wage scales and an accumulated demand
for coal, its earnings in the second half
Of 1921 are expected to show distinct
Improvement.
The New York herald., 1921-08-21
Tide Water Sales Gain.

The income statement of the Tide
Water OIL Company for the quarter end
ed with June is expected to show an in
crease In gross sales compared with
those of the first three months OF the
year, when sales totalled $9.74O.494
largely as a result of increase in the
company's gasolene business. Shrinkage
due 20 the drop in crude oil prices, and
the resultant decline inventories. 1T is
expected. will be more drastic than they
were in the first quarter OF 1921. The
company's inventories on March 81 were
s16,000,000 against $12.000.000 and $s.-
900, 900 respectively on the correspond
ing dates in 1920 and 1919.
The New York herald., 1921-08-21
Rails Inactive.

Railroad stocks failed to react In
either direction to the announcement OF
the United States Railroad Labor Board S
decision continuing the payment of time
and half for overtime work. In the
absence of any definite trend the turn
over In that group was small and re-
suited In closing prices showing irre6u-
lar fractional changes from those OF
Friday. Washington dispatches stating
that the House would jam the railroad
funding bill through next week, but that
no action on it would be taken by the
Senate until after the close of the re-
cess also were ignored
The New York herald., 1921-08-21
BANK NOT IN COTTON POOL.

The Chase National Bank denied yes-
tcrday that II would contribute S2,5OO. 900
10 q Sf5,000,000 pool for financing Texas
cotton on system If bankers accept
nnces bearing interest at or per
cent, as reported from Austin. An
officer Of the bank said that II had not
considered taking part in such an ar
rangcmcnt II H. Understood that two
groups OF local bankers have assisted
from time 70 time in financing Southern
planters one ieadrd by the flanker
Truet Co~'nurT thrc'w', arr,rfaucos ara
one y - hvf 800 L.tG s 20. aAtond-
ing ionoei credits.
The New York herald., 1921-08-21
COTTON EXPORTS DECLINE.
Shipments From U. s. on 81 r. C.
I'm Quantity I'm Last Fiscal Year.

WASHINGTON. Aug. 20.-Cotton ex-
ports during the last Federal fiscal year
showed decline of 21 per cent in guam
tity and decrease Of 81 per cent. in
value, due to lower prices, according to
a report issued to-day by the Commerce
Department.
Exports Of cotton, the report said, fell
from 3,544.o00,000 pounds. valued at ST.
3S2,000,000 in 1920. to ASH, 900. 900
pounds. valued at $500. 100000. in 1921.
Imports Of cotton, largely Egyptian. the
report added. were less by 10000, 900
pounis in quantity and $112, ,OOO, 900 in
value in the last year.
The New York herald., 1921-08-21
TOPICS OF WALL STREET.
Denation Continues.

The smaller ard smaller credit re-
quirements OF business enable the bank
statement put out by the New York
Clearing House to show week by week a
decline in the volume OF outstanding
loans. Last weeks decline aggregated
S39.049.000. spread over small daily
average. With a stationary deposit ag-
gregate the loans are 1877 per cent. OF
deposits and the margin between the
two has been reduced to approximately
$600.000,000. United States deposits de-
Quoted in the actual statement were
$S1.177.000. against s10s.S43.000 In the
average. Further Withdrawals are un-
derstood to be scheduled for Tuesday.
The New York herald., 1921-08-21
NORTHERN STATES POWER CO.
Reports balance of s2.549.se4 for
Fiscal Year.

The Northern States Power Company
for the year ended on June 80 reports q
balance of s2,549,S94, after payment of
s2,242,SS9 in fixed charges. Its surplus
available for depreciation. amortization.
common stock dividends, &c, after de-
duction Of $1.465,529 for preferred divi-
dends, was s1.0S4,365.
The company's gross earnings for the
twelve months aggregated S12.s1S,1S9.
against S10,669,617 in gross receipts for
1920. Its operating expenses totalled
ss,025,406, leaving net earnings OF $4,-
792,7S3, contrasted with S6,307.S79 ex-
penses and s4.361,73s net for 1920.
The New York herald., 1921-08-21
ppocTER a GAMBLE DIVIDEND

The Proctor & Gamble Company has
declared the regular quarterly dividend
OF III per cent. on its 6 per cent pre-.
ferred stock, payable on September 15 to
It's stockholders OF record on August rs.
Tho company's income statement for the
year ended on June 30 showed gross
business OF s12o.019,727, contrasted with
sfss. .66s in the preceding year. The
operating profits OF the company amount
cd in It's last fiscal year to s3,729,559.
The New York herald., 1921-08-21
EXPORTS FROM NEW YORK,

Exports from New York yesterday -
Barley, 1000 bushels Flour S3,62S
sacks; beef, 1000 barrels: hams. 47.bO0
lbs cottonseed oil, s30,so0 lbs. peas.
2,7OO bushels; pork. $50 barrels; bacon,
$4,000 lbs lard. 1,699,s4f lbs. lubri-
eating oil. 212.650 gallons; wheat 1885,
41S bushels
The New York herald., 1921-08-21
FINANCIAL NOTES.

In a book describing electric light and
power securitie5 which has just boen Is
sued. II Is pointed out that, Notwithstanding
tho more or Less overshadowcd position OF
such securities during 'he war, they made
excellent records under war conditions. The
book contains n list OF more than one hundred
light and power companies and their earn
ings in six year period. II IL published by
w. G. Langley Co