davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-01-18

able assurance of a return to normal
business conditions, stabilized prices,
sasier money ard larger business oppor-
tunities during the current year"
There should be early revision OF eX-
isting tax laws, he continued, in the hope
of securing a more equitable burden OF
taxation. The financial experiences in
920 should have taught legislators THAI
"a taxing system based on temporary
Ind abnormal conditions cannot justly be
continued when those conditions have
passed" The excess profits tax, high
surtax rates and the taxation of paper
profits (which have not been realized
and in many cases never will be real
zed.'' were provisions which he charac-
terized as particularly obnoxious"
Must Have Peace Time Wages.
"The extent of unemployment rests
largely in the hands of labor" Mr..
Sabin said. in touching briefly upon
that phase of the general situation
There is plenty OF work to be done in
this country. as well as throughout the
world. but it is peace time work and
cannot be done on war time wages.
Establishments of wage schedules must
be made on a basis Of declining prices
and present productiveness and true
conditions"
Mr.. Harding spoke on Working
Back to Normal" and he. too, referred
to the position of Europe and its effect
on foreign trade.
1T is clear that Europe can never
succeed or become normal again without
the help Of America he said. land /
do not believe that America can become
normal unless and until the process OF
working back to normal has SO far ad-
vanced that in the long run It will be
completed. We should remember that
the political stability of Europe cannot
be accomplished without financial and
economic stability. One will lead to the
other
II think that have heard more
pessimistic talk during the last six
months than in any ten years previous
to this time. The whole country is fed
up on pessimism. Over-optimism has its
bane; extreme pessimism is even more
apgerous. We can congratulate our
selves that the wave of pessimism has
subsidized. There are evidences that the
The New York herald., 1921-01-18
FOUND NOT GUILTY
OF DEFAMING SMITH
Perjury Charge Against Grand
Jury Witness Fails in
Criminal Court.

Jacob L. Goldman, who has been on
trial before Justice Weeks and a jury
In the Extraordinary Term of the Su-
preme Court on an indictment charging
perjury in connection with statements
he made about James e. Smith, Assistant
District Attorney, before the AL
mirall Grand Jury, was found guilty last
night. The case was given to the jury
at o'clock in the afternoon. and the
verdict was returned six and a half
hours later.
Goldman was one of the star witnesses
for the people at the second trial OF Po-
lice Lieut.. Charles Becker. He is ped
Ter, 80 years old, Of 157 Rivlngton
street The perjury charges grew out
of Goldman's sworn statement regard
ing alleged conversations with Assistant
District Attorney James e. Smith at the
time the latter was engaged in disputes
with city officials. Goldman swore that
he had seen Mr.. Smith accept a bribe
from Jacob Luban to give protection to
a gambling house which Luban was OPP
Grating In Chrystie street.
Goldman also testified that Smith had
asked him to swear falsely against Col.
Augustus Drum Porter. former Deputy
Police Commissioner. In addition the
indictment against Goldman charged
llHl Will ptTJury III COilnecllOH Wilt
statements he made about Smith while
he was prosecuting former Police In
spector Dominick Henry.
Under examination at the perjury
trial Goldman declared that Smith had
not told the truth when he swore that
he did not know Goldman. Goldman
said he had seen Smith often. Goldman
ntimated that another witness for
Smith. one Benjamin Freedman, had
double crossed" him. He insisted that
he had told the truth concerning Smith,
and he repeated his assertions on the
witness stand at his own trial for per-
jury.
Col. William Rand prosecuted the
case as Special Deputy Attorney-General
and Clark l.. Jordan appeared as coun-
sci for Goldman.
The New York herald., 1921-01-18
COURT REDUCES RENT
OF BRYANT PARK STUDIO
Artist Upheld in Suit Against
Landlord.

Another court decision which will have
its effect In settling the general situa-
tion between landlords and tenants In
this city was handed down yesterday by
Justice Frank J. Coleman of the Mu-
nicipal Court In the case OF Joseph G.
Lcyendecker. artist. who has studio
apartment IN tho Bryant Park studio
building. - .vrtieth street and Sixth
xvenue.
The building Is owned by A. A. An
derson, who leased II last May to the
Z X. Schwartz Company They ad-
vanced the rents OF all tenants as their
leases expired. and Leyendecker's was
raised from $4,000 year to $4,000. He
tried to get another apartment, and
when he couldn't signed a lease at the
new rent and then sued. The case was
tried last month and decision reserved.
Justice Coleman in his decision OF
yesterday reduced the increased rental
by 60 per cent. holding that evidence
in the case. including an appraisal,
showed that the rent charged by the
Schwartz company afforded them a
profit grossly IN excess of "A fair return
on their investment and carrying
kkarges
The New York herald., 1921-01-18
BOY, AGED 3, DIES AFTER
SWALLOWING so PILLS
They Contained Arsenic and
Strychnine.

William Schereorn. years old. OF
1925 Fortieth street. Brooklyn, climbed
on a chair last night, reached into a
closet shelf and found box of sugar
coated pills. He swallowed sixty OF
them before his mother could stop him.
Mrs Schereorn summoned DR.. Ter
renee from the Norwegian Hospital. but
the boy died within few minutes. Dr..
Terrence said that one of the pills was
a dose for an adult. They contained a
mixture Of iron. arsenic and strych-
nine.
The New York herald., 1921-01-18
TRANSPORT BECOMES LINER,

The Princess Matoika. former United
States transport. lert the Morse Dry
Dock and Repair Companys yards in
Brooklyn yesterday. after reconstruction
into a liner and passed into the control
of the United States Mail Steamship
Company. She is scheduled to sail for
ne Mediterranean on Thursday with 156
first cabin and 1903 steerase passengers.
The New York herald., 1921-01-18
BANKERS HEAR PLEA
FOR STABLE MINDS
Head Of Guaranty Trust Com
pany Sees Every Reason
for Optimism.
PLENTY OF WORK AHEAD
Charles H. Sabin Says Wage
Schedules Must Be Made on
Basis Of Declining Prices.

"a stabilization of mind" is needed by
this country in common with all other
nations even more than stabilizauon 81
prices and economic conditions. accord
ing to Charles II. Sabin. president of the
Guaranty Trust Company. who footed
up the balance sheet of business in an
address last night to 500 members and
guests of Group VIII. of the New York
State Bankers Association In their twen-
ty-third annual banquet at the Waldorf.
He said there are reasons for viewing
present readjustment with optimism
and every reasonable assurance of n
return to normal business conditions"
1t was q more than impressive occa-
sion, for every one of those present rep
resented power and achievement in the
realm of finance and big business. Mr.
Sabin and w. p. G.. Harding. governor
of the Federal Reserve Board, pointed
out evils and errors of the past. con-
ceding frankly the pessimism that has
existed. but with II all viewing the fu-
ture with hope and conviction that STA
bility and equilibrium gradually will b.
regained.
at Is time for us to turn away from
those false prophets who have inflicted
their fallacious theories upon suffering
world willing, In its misery, to trv
any alleged cure for economic and pollti-
cal ills." Mr.. Sabir said. 'It Is time for
us to turn a deaf ear 10 pessmists and
rumormongers, whose thoughtlessness
or righteousness is frequently as dagger
Gus and criminal as it Is unjust and un-
warranted.
Fruits of Bolshevism.
such perverted thinking and loose
talking as have ruined great state
like Russia are now seeking to injure
our private and public institutions. and
are striving to undermine our national
Constitution and form of government.
They are productive of such a dastard!y
assault upon life and property as was
made a few months ago in the heart of
the financial district. They are RESPONSE
BILE to-day for the utterly false and
absurd rumors surreptitiously circulated
about solvent firms and sound financial
institutions"
Reviewing the East year as turbulent
period of economic disturbance through
which the country has passed without
serious fatalities" he sounded a reassur-
ing note by saying that although there
are many readjustments yet TO be made
from the effects of the war in the months
and years to come, there is every reason
The New York herald., 1921-01-18

FACTORY BUILDINGS - Some Of the
most modern types have been cleared to
receive the equipment Of almost any in
dustry for immediate operation and those
requiring factories Of special design may
have building erected according to their
own plans on most attractive terms.
TRANSPORTATION Three trunk line
railroads With freight and passenger depots.
Hundreds Of trains daily with direct COM
mutation TO New York. Switch track sid
ings for freight traffic on main lines.
POWER The natural advantage Of hydro
electric power Is added to the usual utility
corporation service and the many self-con-
tanned power units within the various
plants. Direct rail connection to the great
coal fields.
BANkINC--Aecustomed to dealing with
manufacturers, and knowing the needs Of
The New York herald., 1921-01-18
Assurance of Payment

NSSdf dffcc u ffcnc
Spectators perhaps have made more
money in investing in other things than in
Guaranteed Mortgages, but they also make
heavy losses in them.
No one has made any losses in mort
cages guaranteed by the Bond & Mortgage
Guarantee Company. If foreclosure is
necessary. he gets his interest regularly
meantime and the guarantor buys in the
property and pays him his money in full.
Bond & Mortoa~e Guarantee Co.
I76 Broadway. New York City
Us Remsen Street, Brooklyn
The New York herald., 1921-01-18

This appeals to me as vastly impor-
tant matter for we want the support
of these merchants, and as we are already
in the Campaign and as we can reach
so few people with our voices, | am glad
to pay for the necessary space in the
daily papers to say little bit Of the much
we might say about what we hope to
accomplish.
All of us who are whole heartedly sup
porting the Thrift movement believe it
is not only helpful to business but alb
soIutely necessary for business.
AS a portion of Thrift Week is already
gone we carnot get together and har-
monize our differences of opinion; so the
only thing left for us to Go is to use space
in the daily papers to present our views
and invite those who dissent to present
their views frankly and in a like manner.
We believe that Thrift and Investment
is at all times helpful to business and that
It is particularly needed just NOW. Our
non-sympathizers, we understand, think
Thrift and Investment is generally good
thing but that Just now it will accentuate
the so called Buyers Strike.
Some merchants seem to think that an
American Federation of Retail Buyers
has sprung up over night which in strength
and determination is equal to the Amerl-
can Federation of Labor, and that the
first thing the new Federation did was to
declare Buyers Strike.
There is no more of a Buyers Strike
among the retail buyers than there IS
a BUYERS Strike on the part OF the retail
merchants themselves. Don't you think
that figures would show that the public
is buvinp more from the retail merchant
than the retail merchant is buying from
the iobber and the manufacturer? How
many retail merchants do you think are
willing to take the money their retail
customer paws them and pass the proper
share of it right along to the jobber and
to the factory for more goods!
How MANY merchants do you think are
already carrying less than normal stock
and how many do you think of those
who are carrying normal or abnormal
stocks would resist the temptation to re-
duce their stocks far below normal If they
couIc create enough retail buying to
enable them to do so!
Now. we have all seen some wonderfully
clever advertisements telling why the
neople should buy merchandise literally.
hone every merchant who is not in sym
nathv with the National Thrift Drive will
get these advertisements and read them
over and make UP his mind how much
of the advice given to the retail buyer ne
will accept for himself and how much of
this advice he thinks his fellow merchant
will accept.
Let me remind you that our present
troubles were brought on largely by wild
and extravagant buying on the part OF
the public. Retail merchants were en-
couraged to place abnormally large orders
to insure against depletion Of stocks and
rely on their banks to carry them. This,
with the load the banks were already
carving. brought a strain on our banking
system which carried it to its full elastic
limit. Money thereafter had to be
rationed. The public in some cases
bought until Trey Rad become over
stocked ard the ret; il merchants in other
cases bought until they had become over
stocked.
The retail customer does not buy in
greater volume, first, becase the man out
The New York herald., 1921-01-18

industrial plants, the officers Of the nine
local banks are standing behind this cam
paign and have promised their support.
HOUSING - City life II you like IL but
only short run into the suburbs with
modest homes for the workers and elabor-
ate places for those desiring them. Nov
ing picture theatres and amusement places.
Golf and country clubs.
LOCATION-only II miles from Times
Square, with improved highways for truck
ing and trolley lines radiating in every
direction to neighboring cities and towns.
SPECIAL-The unusual thing about this
place which may not be contained in other
metropolitan communities is that the mer-
chants, bankers, manufacturers and work
ing people have dubbed together in
whole hearted way to support any new
manufacturing enterprise.
The New York herald., 1921-01-18
A BUSINESS MESSAGE
The Buyers Strike
Thrift VS.. Spending

This is addressed especially to the
Retail Merchants, but we hope every
boGy will read it. This is National
Thrift Week ard hundreds of men and
women are earnestly at work and want
as many more as possible to help them.
Thrift Goes not mean boarding, but
means wise spending either for the COM
forts of life or irsu1sroe or bank reserves
or investing. On Monday / received the
following letter:
January H. 1921
The New York herald., 1921-01-18

Mr.. Henry l.. Doherty,
60 Wall Street,
New York City.
Dear Mr.. Doherty:
1t has been brought to our attention that
some of the retail merchants are not in
sympathy with Thrift Movement at this
time, believing it will be harmful to their
business. We are asking a number of our
speakers to assure the merchants that we
do not want to hurt their business but
want to help. Will you please do what
you can to help us promptly correct this
matter?
Let me suggest that you take this up in
your talk at the Brooklyn Central Branch
of the Y. M. c. A. tonight, and perhaps
you would be willing to answer this mat
ter through the press by interview or in
your own advertising space.
Very truly yours,
(sd) w. II. Baxley, Secretary,
New York City Thrift Committee
The New York herald., 1921-01-18
Second of a Series

TIME bankers, merchants, mar
ufacturers and worker of a
large industrial city within
the metropolitan district have COM
missioned us 4 act for them in pre-
senting to .ne public what may well
be considered one of the largest in
dus;rial movements in this country.
Details, including literature, pho
tographs, special plant studies and
general Information concerning
available manufacturing space, will
be furnished upon application to
LOUIS SCHLESINGER, Inc.
The Largest Factory Broker
in the World
Times Building, New York
Tel. Bryant 1872
The New York herald., 1921-01-18
then. too. the working man

realizing what all important part he will play in this read
jusmen has placed himself in readiness cooperate with
manufacturers who locate their plants this metropolitan
industrial center.
Male labor abundant owing the large number of factories
employing females and 900 of all trades skilled and
unsled present available for immediate employment
and conditions which will the requirements of
every Works Manager Besides there population OF
million within easy trolley distance supply additional labor
The New York herald., 1921-01-18

HENRY L. DOHERTY.
60 Wall Street.
New York.
The New York herald., 1921-01-18
ADVERTISEMENT.

~o~c-~-o-0-0-~~~~~~~~o-~-o-
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1921-08-18
SLIJGGERS AHEAD
OF 1920 RECORD

New York August 1S.-With nearly
one third of the season yet to be
played, national league sluggers al
ready have rolled up 1872 more home
runs than they made during the en-
tire season of 1920. The four homer"
cracked out yesterday by Kelly ano
Bancroft of the New York Giants
and Gibson j. Scott of the Boston
Rraves. brought the total to date w
tc 363. Last years total for the
entire season was 261.
The American leaguers, despite the
services Of Babe Ruth, are trailing
the Nationals by one circuit clout, with
total to date of 362 The American
total last season was 36S.
Ruth, with ~ homers, Is 25 ahead
Of his nearest rival. Kelly of the
Giants and needs only ten more TO
beat his last years record. He is
Is days ahead of his 1920 stride and
has forty.seven more games in which
1c garner the ten.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1921-08-18
LEFTY FERGUSON WINS
GREAT GAME AND PEPS
TAKE THE RUBBER 3-2

Lefty Ferguson. that easy-goins. but
effective pep twirler. put the kibo'h
on the Bonham club yesterday after
noon in n manner that put to flight all
q . theories Of that barber shop
easue 10 the effect that a southpaw
could not trim the Bonham club and
ae a result the rubber game Of the
series went TO Ardmore by the score
of 30 Ferguson was entitled TO
shut out but on account Of tho
absence Of an official umpire, home
talent was employed and MS Is usual
~ the case when inexpericncc attempts
to officiate quite few rendered
decisions w-re of an incorrect nature,
and resulted in two runs for the
visitors. Ferguson tossed the apple
down the alley with all the steam and
twists that it takes to mike any
holder of a baseball bat see red Ten
" the Ronham batsmen famed, and
with tho exception Of the inning dur.
ing which Bonham scored its unde-
served runs. net Bonnamite reached
third and but TWO reached second.
Rut that amt all Lefty was n
powerful person at the bat as well
as in the field, for twice his mighty
stick aided in scoring runs. Might
lest Of all was the wallop which
brought Beard home in the ninth for
the run which won the game. Lefty's
rictory swat was a mean hit that
grounded by first cut the bag in two,
and then took on reverse English and
steamed to the automobile off .he
foul line. It would have been good
for three bases had a long distance
~allop been necessary
The Pops hit McDowells delivery
hard and ruined the rep Of the twirlel
who had beaten them Monday. But
prior TO McDowell's occupancy Of the
diamond high spot, Henry had started
for Bonham, but lasted just long
enough TO pitch three balls to Clopp
Pops lead off man, who caught the
third one on the nose and sent it
sailing over the right field fence for
a homer. Clopp's hit was the speedicst
circuit clout yet nailed on the loca
diamond, for it retained n uniform
height of 20 feet during its entire
journey. As Clopp's hit sailed over
the boards Henry sailed in the dug
out
Young and Allen also came in fol
honors in the samming line. each mar
registering three hits out of four. witt
a wicked 3-base drive included in
Bugs collection
The Peps run number two was put
across in the fifth, when Allen singled
reached second on Ferguson's sacrl
flee, and came home on Tate's singl,
10 center
The score remained tie until IN,
last half of the ninth when three
successive hits sent over the winnini
run after one man was down. BearC
singled, Allen bounced a grounder owe,
McDowell's head the ball taking
freak bound in front of Tanner ant
continuing TO the outfield while BearC
came around to third. Ferguson.
drive then put on the finishing
touches
Webb, Peps nifty left fielder. saved
the game for the Pops in the ninth
when ne intercepted burning liner
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1921-08-18
IN TENNIS MATCH FINDS
NINE PLAYERS ON HAND

Forest Hills, ~ Y. August 1S.-Nine
players survived at the start OF the
fourth round Of the wotnen's national
tennis championship tournament on
the west side club. courts today. The
contest for places in the seni.finals
found Mrs. Molla Bjurstedt Mallory'the
present title holder, pitted against
Mrs. Edward A. Falk Of New York;
Mrs. May Sutton Bundy, Los Ange-
les. against Miss Helen Gllleaudeau.
New York; Miss Mary *. Brown, Santa
Monica. Calf. against Miss Edith
Sigourney, Boston and Mrs. j. Cole.
Northover. Mass, against the winner
oi the .Sisourney match.
Miss Helen wills Of Berkeley, Cal,
meets Miss Virginia Carpenter, Phil
adelphia, in the final round Of the
girls championship at o'clock. The
women's matches are scheduled for 315
and 4:l5 o'clock.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1921-08-18
Street Stories

Mr.. and Mrs. $. A. George have re-
turned from very pleasant trip to
the Pacific coast country, They Wis
ited the Grand Canyon and many other
ioints Of interest.
Mrs Effie Wilkes, county probation
officer, together with her children,
Suzane and Jack. are spending several
weeks Mt points in Texas.
Mrs. Minnie b. Church. home dem
cnstraton agent, is this week spending
her vacation in Claremore.
The public well in Central wagon
yard was pumped out by members Of
the fire department yesterday after.
noon. following an inspection by Mrs.
r. n. Sturgeon. state sanitary officer.
This is the most used we'll in the
city according to city officials and
thousands OF farmers, horses mules
and animals have quenchcd their thirst
there. Walls of the we'll were scrubbed
down after the water had been pumped
cut.
Fl. r. Bosanko. manager Of the
Parker Oklahoma distributing Com
pany, is here from Oklahoma City
visiting with the local representative
of the company, c. V. Atkinson. Mr.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1921-08-18
SPORT BRIEFS

Cleveland, Ohio. August ls.-Johnny
Walker Of the Philadelphia Athletics
was seriously injured when struck in
the head by a ball bdtted by a Gle
leland player. The accident occurred
exactly one year from the death Of
Ray Chapman of the Indians after
being struck by Y pitched ball
New York. August us.--Johhn Viii
son of Boston. and Bryan Downey
Of Cleveland, who win meet for the
worlds middlewelght championship in
Jersey City Labor Day have been mott
fled by Tex Richard to come to New
York next Monday for their final two
weeks training, it was announced today
One Of the preliminary contests will
bring together Johnny Buff of Jer-
sey city, claimant Of the American
fiyweight championship and Indian
Russell Of Harrisburg.
Knoxville, Tenn. August lS.-Frank
l.. Galloway, shortstop of the Knox.
willie club OF the Appalachian League.
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