davidaulloa/AmericanStories huggingface dataset:
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-05
ISSUES
BEAT DEMOCRATS
WALSH DECLARES
Says the League, Rejected
BY the People, Should
Find No Harbor in the Re-
iuvenated Party.

New York, July 4.-Senato,
Walsh, democrat, of Massac
speaking today at Tammany Halls
Independence day celebration, out.
| lined the course which he believed
should be pursued by the demo-
cratic party.
Blaming the democratic defeat
In the last campaign on injection
Of a foreign issue, Senator Walsh
declared that "the league of ma
tons rejected by the American
people by an amazing preponder-
ance of votes should find no har-
Dor in the rejuvenated democratic
party"
These are the tasks of the DEM
ocratic party" he said, ito restore
individual liberties of expression
and action, to oppose the growing
tendency to curb Individual liberty,
to insure to every man his inalien-
able right Of life and happiness, to
fight savagely against the forces
assailing the fundamental conces-
sions of our constitution; to insist
upon Americanfsm before interna-
tionalism; to preach brotherhood
and destroy political and economic
oppression at home, to defend
against unrestricted capitalism and
unbridled radicalism and to re-
commit the forms of democratic
institutions to their original state"
Senator Walsh promised that
the party take as Its slogan EMO ex-
tortion Of the people by big bust
ness in contrast with the republic
can campaign cry Of "less gov
eminent in business"
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-05
SOME IMPORTANT FACTORS IN THE
BUSINESS SITUATION

INTERNATIONAL ELAT1oNs-Payments under repara:
tons agreement have strengthened economic position OF
allied powers, but have worked improvement IN the
changes Sterling, Continental and South American curren
cies continue weak.
FOREIGN TRADE-Reports for May 1921, indicate low
level for in both imports and exports showing decline
Of 524oS and $500 respectively from May, 1920
INDUSTRIAL OBSERVATION-DISCLOSURES mark time, await
ing proper adjustment between prices of agricultural products
and manufactured articles
FINANCIAL CONDITIONS-Federal Reserve Bank OF New
so indicating easier market
Call loans touched so during June-lowest point since
October, 1919
FARM PRODUCTS-This years wheat crop estimated
S2e million bushei5 compared with 728 million bushels
prwar normal Recent price declines despite large exports
Corn prospects splendid Cotton reduced ESQ., and
market conditions still unfavorable.
IRON AND STEELdustry operating at from 20 to 80 per
capacity which is lowest ebb in Produc-
demand Stocks are depleted
FUEI-Soft coal depressed Price recession under way
Little demand coal Anthracite production prac-
tcary normal
BUILDING CONSTRUCTION-Distin improvement noted
during past months Reductions wages and prices of
materials afford basis for greatly needed operations
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-05

so the actual net operating income
of the carriers was $450,958,000 less
than the minimum they ought to
receive if their solvency is to be
assured.
When the carriers were returned
to their owners their treasures
were dangerously depleted. They
could not be strengthened because
of the negligible net earnings since
reported. In consequence, it has
been impossible for the companies
to pay their bills promptly. One
railroad is understood to have bills
payable of $65,000,000. The Gov
eminent is said to owe this road
over $100,000,000. This is doubtless
a typical situation.
A prompt and liberal settlement
of the accounts between the Rail-
road Administration and the car
riers would produce untold benefits.
1t would be the first step towards
a business revival.
The second step would follow
when increased net earnings prompt
the railroads to begin buying again.
The amount of work that should
be done to place the rolling stock
and other property of the carriers
in shape to handle a normal flow of
traffic is stupendous. Far-sighted
business men have recognized that
if the railroads enter the markets
as buyers in periods of depression,
not only would they procure their
supplies more cheaply, but the Pc
Rod of depression would unques-
tionably be shortened.
The shrinkage in traffic which
is now apparent has been only a
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-05

The Knights of Columbus, with
seventy-five vocational and educa-
tional schools for former service
men and women throughout the
country, plan to increase the num-
Der to $50,
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-05
Current Business Conditions
CFrom Monthly City july
TIME present situation of the
railroads of this country is so

TIME present situation of the
railroads of this country is so
l. intimately related to current
business conditions that it should
be thoroughly and generally under
stood, because only with the help
Of constructive public opinion can
the railroads hope to regain the
ground they have lost.
Contrary to the charge that is
frequently made, we do not believe
that current freight rates are re-
sponsible for the present low trend
Of business throughout the country.
The causes of commercial depres-
sion are Worldwide and are not to
be found in domestic transportation
charges. When business was good
last Fall the largest tonnage in the
history Of he country was offered
the railr' despite the advanced
rates wh.>i became effective Aug
asst 10Th. To-day ocean tonnage
rates are at the lowest levels in
great many years, but ocean traffic
is suffering perhaps even greater
stagnation than rail traffic. There
are many commodities that would
not move even if the roads offered
to carry them free, for the simple
reason that no market exists for
them.
One simple case illustrates the
point: Texas farmers in April re-
ceived S. ton for spinach. The
freight rate to Chicago was $1,000
ton. The retail price at that time
was $500 ton, or $264.64 more than
the railroad and the grower to-
gether received Whether the far
mer would be benefited in the
slightest by a reduction of freight
rates under those conditions is
hardly debatable.
Regardless of the present level of
rates, it must be borne in mind that
this country has been built up by
the means of the cheapest trans
portation in the world. So we be-
lieve that ultimately general re-
duction in rates is essential, but that
cannot come until railway operating
costs have been substantially re-
duced. Until then no reduction is
defensible. Railway rates are on a
war level because railway costs are
on a war level. Business would be
poorly served by a slashing of rates
that would produce series of rail.
way bankruptcies.
Nevertheless, we cannot expect
prosperous conditions until the
cycle OF defation has been com-
pleted. In this cycle must be in
cluded railway wages and railway
supplies. When operating expenses
have been debated, railway rates
can be debated, but we cannot ex-
pect to go back to the pre-war level
Of rates, as those rates were TN
fairly low.
An examination of the railroads
operating expenses during the eight
months following expiration of the
Government guaranty, shows actual
net operating income of the carriers
over that period was only $277,-
$4,000. A 6 per cent. return for
that period amounts to $72S,o0l 900;
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-05

secondary cause of the railway
difficulties. The primary cause is
the high cost of labor and materials,
and these costs are almost wholly
beyond the control of the railway
manager. AS Mr.. julius Krutt-
schnitt, Chairman of the Southern
Pacific, points out in very iIlumi-
mating letter just sent to stock
holders, "a cents out of every dollar
OF operating expenses were paid to
labor at prices fixed by the Govern
ment; IS cents additional went for
materials and supplies at prices
fixed by the Government and 3H
cents were paid for expenses in
CURED by the Government in the
first two months of 1920 when the
carriers were still under Federal
control. Therefore a total OF S2A
cents out Of each dollar of expenses
in 1920 was paid out at prices prae-
tically fixed by the Government it
self.
With all of this, there have been
some recent favorable Develop
ments. The Labor Board has
authorized II per cent. reduction
in wages which took effect July |,
which will result in savings esti-
mated at $37s,000,0O0 a year, and
the wasteful national agreements
are abrogated as of the same date.
Everyone wishes to see those who
work in transportation service
fairly rcmunerated, but there is no
possible justification for many OF
the abuses that crept into wage
schedules during Federal control.
The public should demand the
speedy abolition Of law-made jobs.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-05

dedicated. 1t stands in Evergreen
cemetery, Louisville, and is OF
Bowling Green limestone, thirty
eight feet high. The shaft is sur
mounted by a large eagle. The
action of the Jefferson county
members of the Junior Order is
expected to be followed by organi-
cations local, state and nation, of
fraternal and patriotic character,
in the erection of memorials to
members who served in the war.
The suggestion has been made that
1t would be fitting, wherever posi-
BILE and practicable, to have such
memorials erected on or near spots
already historic in character.
The New York Historical society,
aided by the Sons of the Revolu-
tion in the state of New York, OBJ
served Flag day this year by re-
storing and erecting at It's former
site the old Liberty Pole. The
Liberty Pole, now again in its old
place In the heart of the financial
district Of New York city, was
historic mark of freedom to early
day New Workers..
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-05
AERIAL SURVEY
BEING MADE Of
UNITED STATES
In Last Six Months 1900
Commercial Planes Have
Flown Approximately g.
100000 Miles.
tBy The Associated Press.)

New York. July 4.-The Manu-
facturers' Aircraft Association, on
completing an aviation survey of
the United States. announced to-
day that, in the last six months,
the 1900 commercial planes in
operation in this country. had
flown approximately 3,250,000
miles.
"The record" says the survey,
Shows that civilian flying, al
though embarrassed by the lack of
an American air policy. has estab-
lished itself as remarkably safe
and dependable means of transport
tation. In three and a quarter mil
lion miles of travel by air, only Is
persons were killed and 40 in
Jured In a total of % serious ac-
cidents. Most of these accidents
occurred among that class of CT
william aviators known as gypsy
flyers,
"of the 1900 commercial air.
craft, probably one thousand are
under the indirect supervision of
responsible plane manufacturers or
transportation companies - and
this is absolutely the only regula-
ton over flying, as local ordinances
or state laws can not be enforced.
Lacking a federal organization con-
trolling civilian aviation, these
200 or more gypsy flyers have
been permitted to fly at will and
many have met disaster.
Eight of the fatalities and 80 of
the injuries in the last six months
have been traced to the lack Of ter
minals, routes and storm warnings,
or to reckless stunting--errors
which would have been corrected or
prevented had there been q nation
al air policy. In all the United
States there are only six adequate
municipal or civilian air ports, yet
terminals are as necessary to aerial
transport az they are to shipping
or the railways Deducting these
preventable casualties, 1t Is found
that there was only one death for
each 464.2S5 miles flown and only
one injury for each 295,454 miles
flown.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-05
HISTORIC SPOTS
MAY Be BOUGHT
BY Government

fspeclai Correspondence to The Journai.)
Washington, July 4.-The atten-
hon of congress to the movement
In behalf of the preservation, and.
wherever practical, by the federal
government of historic spots In the
United States. Is being emphasized
In connection with hearings held by
the senate committee on pupnc
buildings and grounds on the reso-
luton OF Senator Capper, OF Kan
sas. under which the committee
would make inquiry concerning the
probable cost of taking over Mount
Vernon and maintaining 1t as a ma
tional shrine. The resolution also
would have the committee report
on the procedure under which such
action might be taken. Due to the
fact Mount Vernon is not open on
Sunday. and the further fact an al:
mission fee is charged for visiting
II. people in all parts Of the count
kry have Joined in the agitation OF
plan for the government getting
control of the home of the first
president. 1t is now In private
hands.
am
OF great interest to the south as
we'll as to the entire country also
is the plan for the establishment OF
a confederate park at Manassas:
va. to commemorate the men OF
both the north and the south who
fought on that famous civil war
battle field. Articles of incorpora-
tion of the Manassas Battle Field
Confederate Park provide that II
shall he established Sin memory OF
the brave dead and wounded OF
both armies who fought on this
land, and that said land may stand
a perpetual park as the south's
tribute to all confederate soldiers
etc. A celebration, which thou.
sands are expected to attend, will
be held at the battle field July u.
the anniversary of the battle OF
Manassas.
Should congress accept report
made by Representative Hull Oh
Iowa, of the house committee on
military affairs, the government
will purchase Chalmette battle
field. Just below New Orleans,
where General Jackson met and
defeated the British In 1872. Should
the battle field be purchased, 1t
viii he made a national park.
Memorials at Shrines Suggested.
monument commemorating
members of the Junior Order
of American Mechanics Of Jeffer-
son county, Kentucky, who fought
in the world war, has Just been
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-05
CHINESE MAKING
RAPID PROGRESS
IN FORESTATI0N
More Than 100000
Shoots Were Planted and
Cultivated at Fl InStitu-
lions During 1920.
(By The Associated Press.)

Picking, July 4.-Forestation in
China made noteworthy progress
IN 1920 through the activities
nents. More than 10000, 900
Ihoots were planted and cultivated
by twenty-one afforestation insti-
utions in central and north China
1t a-cost of a quarter of million
iollars in Chinese currency.
The government railways, antici-
pating their need of timber, have
llso taken steps to plant trees
along their rights of way. One
llone, the Kansu-Haichow rail-
way. Is in progress of planting
100000 trees, according to the
bureau Of economic information.
Afforestation has been extended
10 nearly all the provinces with
especially promising stations In
shantung and Kiangsu. In the lat
Ter province, at Marking, there are
approximately 5000 acres devoted
20 the cultivation Of 25,00O,0OO
trees. In this station students are
Eiven a three years course in for
pstation and later are sent to va
rious districts to specialize.
There are three gardens In the
Shantung which occupy some 700
lcres. The largest and most pros
porous station is in the north of
Kiangsu near Yengshow where
5000 to 1000 trees are grown
every year. Special afforestation
schools have been established IN
Anhwei, Chekiang, Hupeh. Szech-'
nan and Shansi. 1t is estimated
that 20 per cent of the 1900 hsiens
br counties in China are now en-
gagged in this work which the Chi
nese hope will in due course trans
form many of their barrent tracts
into flourishing forests.
The establishment of a national
Arbor day when all classes of the
population are encouraged to plant
trees, is pointed to by the bureau
rs an indication of China's awak-
ening to the value of afforestation.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-05
TOO ILL
TO WORK
A Mother Tells How Her Daughter
Was Made Well Again by lydia E.
Pinkham's Vegetable Compound

Philadelphia, Pa. EAT the age of
sixteen my daughter was having
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-05

She took it faithfully and is now reg
ular and has no pain. We recon-
mend the Vegetable Compound and
give you permission to publish this
letter. Mrs. KATIE EICHER, 4034
N. Fairhill St., Philadelphia, Pa.
Standing all day, or sitting in
cramped positions and often with wet
feet, young girls contract deranged
conditions, and before they are hardly
aware of it they develop headaches,
baekache, irregularities, nervousness
and bearing-down pains, all of which
are symptoms of woman's ills. Every
mother who has a daughter suffering
from such symptoms should profit b.
the experience of Mrs. Eicher and
give Lydia E. Pinkham's Vegetable
Compound a fair trial.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-05
NORTHERN MINNESOTA
FOREST FIRES HAVE
PRACTICALLY ABATED
tBy The AssocInted Press,

Duluth, Mimi, July 4.-Forest
fires in northern Minnesota have
practically abated. Showers and
abatement Of stiff winds which had
famed the flames and hampered
the fire guards in their work, were
changes in weather conditions BEN
eficial to the guards.
In some sections large fires still
exist, but rangers and their crews
In practically every instance have
established fire lines and believe
they have the advance of the
flames halted.
Thousands of acres of pine trees
and second growth timber were
burned over by the fires, according
to estimates by forestry men.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-05
MAN FALLS DEAD AS A
GIANT FIRE CRACKER
ExPL0DES AT HIS FEET

Denver. July 4.-Robert Knott,
So years old. a wealthy Denver
real estate operator, was standing
at the corner of Eighteenth and
California streets in the business
district, today. when some one
threw a giant fire cracker at the
feet, As the firecracker exploded,
Knott dropped dead, apparently
from excitement.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-05
PRESIDENT OF LIBERIA
PLACES A WREATH ON
ROOSEVELT'S GRAVE

Oyster Bay, N. Y, July A.
Charles Dunbar Burgess King,
president of the Republic of Ii
IBERIA, today placed wreath on
the grave of Theodore Roosevelt
because of the latter's interest in
Liberia while president. President
King was accompanied by men,
bers of the Liberian commission,
which is negotiating loan in this
country.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-07-05
KARAMURsAL BoMBARDED.

Paris, July 4.--The town OF Kar-
amursal, on the south shore of the
Gulf of Ismid, about fifty-five
miles in direct line southeast Of
Constantinople, has been lombard
ed by a Greek warship 1t was an
nounced in advices from Constari-
tinople today.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-30
rwNCKA0r Avn INDrsTRIAL IS

CHOICE TkAtk tkA0E
Close in bargain price You cannot equal
and lease II 60 you, =. W. singleton,
al Baniel DidR OHsCf $500
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-30
REAL ESTATE FOR RENT
norsrs ron RENT.

FOR RENT -Attractt,, S-roor. story
home, close IN, soutn side. oil bard
wood fuofs basement, Esragc. $50 PEI
month. 4. +. JcnkinS, Osngu t3o6 1898.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-30

81. 500 CASH buys one ot the prottiest and
best bui.t bungalows In tho city, II
rooms breakfast ROOM EiaaaOd. In sleeping
porch Iu addition. hardwood fluOrt
throughout bcautifui mantel large base
mrut Laundry tubs 2-cEr garage, ak
closets south front, fuli lot. real beauty
and hul't for home awner VIII EscFl
flee Of $500, monthly payments 20 suit.
Close tu transportation, onFpavemcnt. call
usaTo $3.50 " you want 10 see a real bun
gHluN.
1900 rAsit-.Wul buy y small. we'll
framed. l-ruom houHe, 2h'f,. 'toti, on
pavrt street. ono block from ear line.
-tut East Fourth place suitable tor small
family. SOC uwncr at the house
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-30

FpTR Room house. practically new. At
l2J6 T.. Davenport well " water aud
gus, $50
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-30
PROPERTY for EXCHANGE

FOR BALE or uad, Tor Tulsa real estate,
farm. sit miles west Of ClaramoTe 10
acres cultivation; IS acres hay meadow
l6 acres pasture, Price $4,000. Owner.
Bert whituA Cedar 21si.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-30
REAL ESTATE FOR SALE

N'N NFN lbk NNiI -
hl uWNEH l,rogh u'v ,rnom. hunra.
large lNinr In.u. ii'uru 'nurH ana
uHN'tr'ut gulu'f Ioi uu unyrWout IS
900 WIN 500 cash. call Mr Mcrunr.
.'NHr "Nao.
DIuHE to College avenue isudy ,-ruom
tuuEaluN. bath room city water, si'v.
trItltN Gut HHIaEu. CORNER 5000. tAbO
r1ah Ihritu. tHHE. lNFa.
CORNER tU0 tgh tive rooms OAK
floors bui't.iu cabinets nice Utntcl.
hest grade decorations aul electrical fN
lures nrar school and trpusportation \
Including ull intarrrt Cain cedar i3gt.
FAST SlDE Four. room houes. all large
rooms city water uu back porch,
good wolf garage, tull size lot on paving,
close 20 school and car linc i1ltn, $50
cash, balance easy no loans Co a'Bumc.
Can cedar 1850
FOUR ROOM nuNOALOW
Niocly located one block from transpot
tsti"". H"~b decorated. garage. fruit
trees VIII sell furnished ar unturuiUhed,
900 cash Phone cedar 1888.
FOR sAlE-nandy A-r0om bungalnv and
two acres ~ ground. SAND springs line.
~ 900, hound TO double In value IN two
years, $500 cash. balance TO suit OsaEe
le0t.J nr OsuRr bd7a
FOR SALE--pn Notth Elwuui G.roon
bungalow all oak fluurs. enamoied
wo"dwurk, pretty iusntol high elevation.
II viii pay yuu TO see this puaitiy yeiy
worth the money. ~ OOO cash. Price
isoeS, Exchange Trust Co. Real Estate
Dept
FOR SALE or trade. tor smaller house
or land, b-roOm, mOieru bungalow on
pavement Fast Admiral Az. Tulsa.
oasgc iOeC, Usage iOet,
TlNE-RUOM bungalow, south Gillette,
paved street, $500. Terms sSoo cash,
$50 per month, immediate pusacrHion.
Buohcr Realty, 1cnor 1908,
1OOD MY tive rooms and breRktnHt
room, mudcrR, built-in features garage,
drive, east front, On pavement. good l0ca-
ton, only $500, Usage s7of-h
I MUST have some money and will saori.
flee my b.ruum, new bungalow, modern.
oak fluorH. east 'front.' located On the
eHHt side. twu blocks north ~ Federal
drive, Ia good restricted neighOorhood
valued at 5000. WIN take t3,s6O. small
easy payment ana $50 per month. Cpil
Usage t7l2-J,
IRVING PLACE-SiX-roum bungalow
plpcd for furnace, oak floors basement
ts brand new, So, 500. 81 900 cash
Haln Sons OsaEe b5a6.
HDRNiSUsibE corner. 2-story. t1ur bed
rnontE. large living room, dining room
breakfast room. buffers pantry, rcfriEe
rator room furnace heat, double garage
rvant roonH Price reduced TO tIs,O0'
with good terms Cedar 81.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-30
5000

81 kOO
1850 cash immediat" poescas.nu ~
new b.room, modern bungalow. uah
floors hulltaiu features. French
DOORS full siEc lot. near school and
transportation. See this Tor soino.
thing nice
NAuON iNVEsrMENr co.
Usage fsbJ. .60sS. 2ts-l3 Security BldE
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-30

LIST yous property HlfH me. . viii sell
or sEchanEr anything Won have. Anna
A. Muster 1i5 security Uidg usake g26i
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-30

.!sT YOrH PROP ~ M --'e with
" 3. Clinton. Cedar 't9i. ms Ken.
.ndY nldE.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-30

$3.50
$3.50 cash beautiful bsroom and
breakfast room. oak floors, built-ln
features, everything you want in
home. fine location. iua should
urr this before you buy.
TADDN tSNESTMEST co.
Usage 7s6l-6 60sS, 2is-i9 Security Bids.