davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-05-24
Virginia-Carolina Chemical.

Denials, even when they come from
official sources, do not seem to mean
any longer much to the speculative ele-
ment. Nowadays. when a stock is
heavily sold as the result of a rumor OF
adverse developments and a denial of
that rumor Is made by officials, the
practice is to sell more stock and break
II lower. which has been true recently
of NIrginia-Carolina Chemical, which
has been heavily sold In the last few
days on rumors of new financing Last
week banker who handled the last
financing for the company asserted that
there would be none at this time, and
yesterday an official of the company
denied any intention to do new financ-
ing, but the hammering kept on just the
same. There were those willing to take
stock offered, however. and conse-
quenuy sellers were able only once to
break 1t through 81.
The New York herald., 1921-05-24

Aigill Low. | Bid. Ask inx Sales
The New York herald., 1921-05-24
Baldwin and Poland.

In some quarters yesterday a connec-
ton between the heaviness in Baldwin.
which broke yesterday below 81, recov-
ering later to a high mark of Sc, and
the Silesian situation in Europe, was
seen. 1t was pointed out that Baldwin
had sent big shipments Of locomotives
to Poland on which It had extended
liberal credits and for which it would
not receive another payment until 1928.
It was argued that II the present Sile-
sian controversy between Poland and
Germany should develop really serious
aspects and Poland suffered as re-
suit, Baldwin would stand to lose heav-
lily. On December 81 the Polish Gov
ernment owed Baldwin nearly $1,000. 900.
The dividend meeting Of the Baldwin
directors will be held on Friday and
information from well informed quar-
ters Is that its regular semi-annual dis
bursement will be ordered.
The New York herald., 1921-05-24
Completing New Working Rules.

Railroad managers report prepara-
tions for the negotiation of new working
rules with their employees TO take the
place of the national agreements to be
abrogated on July 1 are rapidly being
completed II Is expected that the next
week or ten days viii find the confer
ences well under way. Rail officials are
hopeful of a successful termination of
the conferences despite dsquieting re-
ports that the national leaders i'm their
general instructions have deprived the
local chairmen of their power of negotia-
ton. Some executives express the
opinion that the major portion of the
rules controversy will be settled by tho
Labor Board
The New York herald., 1921-05-24
NEW YORK STOCK EXCHANGE QUOTATIONS.
AyMAY2a
Days sales

1921
pays sales 596655
The New York herald., 1921-05-24
Cold Certificates Appear.

For the first time in many months
customers of some banks arc receiving
$50 gold certificates in considerable vol
ume when they got checks cashed at
their bank. The local Reserve Bank re-
ported that IL had made no change in
its policy Of giving out gold certificates
when they were especially requested.
The interesting suggestion was made
that I'm view of the constant inflow Of
gold the certificates were coming out
Of hiding places, where they have been
boarded. At any rate, most of the cer-
tificates were old.
The New York herald., 1921-05-24
SOUTH AMERICA.

New York funds IN Montreal. slis;75 pre-
miurn per 81 goo; Montreal funds III New
YORK. sfo1f5 discount per $1,000.
The New York herald., 1921-05-24
TREASURY CERTIFICATES.

Pennsylvania Crude Oil Market.
on CRY, May 23.--Credit balances
ss.25. Runs, 7s,716; average, 5s.625
shipments. 67.704; average, 41,517.
The New York herald., 1921-05-24
u. 3. Pnid Road. ses2,515.o27.

Government payments to carriers in
ten months ended on April 30 on ac-
counts arising out OF Federal control
and under the transportation act OF 1920
totalled s6S2. .575.o27, IN contrast with
SS94,5t5,110 FOR the corresponding period
of the preceding year. The latter figure
included s2ss,399. 322 In payments on
certificates of Indebtedness OF the Di-
rector General of Railroads. due on July
IS. 1919. As a result of the passage OF
the Winslow act payments in March
amounted to sis3.079,s2i. but fell In
April to Ses,Bs7,723.
The New York herald., 1921-05-24
UNITED STATES TREASURY STATEMENT.

0 III yonKH
wssS,nssos. sS nsa Tfs" co Ssfss Mas a. !
The New York herald., 1921-05-24
TOPICS OF WALL STREET.
Money Slightly Lower.

Call money renewed yesterday In the
New York Stock Exchange at per
cent and declined subsequently to Y
per cent. The rate over the counter for
about s12.000.000 to s15.00o,0o0 was a
high of 6Ia per cent. and low of 6.
The Reserve Bank OF New York an
nounced yesterday that the Government
would withdraw to-day s32,715,oo0 of
United States deposits from member
banks. Despite the large increase In
time deposits in New York banks last
week. time loans negotiated yesterday
were negligible.
The New York herald., 1921-05-24
Corn Products Dividend.

Weakness at times in the last day
or two in Corn Products Refining
shares was attributed to the persistent
rumor that It's directors at their next
meeting will cut its dividend for the
current quarter. Interests closely iden-
titled with the company, however. de-
clared yesterday that the usual dis
bursements Of 81 regular and 80 cents
extra would be paid for this quarter
and added that the company had re-
covered substantially from the slump
which 1t suffered in the early months
Of this year and was earning substan-
TALLY more than Its dividend require
ments.
The New York herald., 1921-05-24
Acceptance Rates.

Acceptance rates were yesterday at
slightly higher discount rate. The gen.
eral buying rate for prime ninety day
eligible bankers acceptances was 6 per
cent and the selling rate ranged from
5Ato SIS. All last week certain houses
sold at SIS. but such houses were asking
Yesterday bX
New-York tribune., 1921-01-21
Wilson Leaves Mexican
Recognition to Harding
Washington Not Surprised at
Obregon Decision Not to
Name Commission

From The Trtbasnes Washington Bureau
WASHINGTON, Jan. 2O.-The Will
son administration will take no step
toward recognizing the Obregon gov
ernment of Mexico, but will pass this
problem up to President Harding, along
with other matters involving foreign
policy, 1t was strongly indicated to-day
at the State Department.
The report from Mexico City that
President Obregon had definitely de-
cided not follow the suggestion of
Secretary of State Banbridge Colby
ard name representatives on joint
commission to draft treaty between
Mexico and the United States, guar
anteeing the rights of Americans in
the southern republic, caused no sur
prise at the department.. where it was
said that such a move by Obregon
was held by the Wilson administra-
tion to be requisite to American
recognition.
"A number of border states have al
ready recognized the Mexican Repub-
lic," one official said, "and l suppose
the new regime there has become some.
what confused as to the requirement:
to be fulfilled Before American recog
milton is given" This official addet
that the incoming administration would
probably fail heir to the Mexican prob
lem along with other pending inter
national agreements.
New-York tribune., 1921-01-21
Cornelius Pinkney Dies
OF Overdose Of VerOnal
Heart Disease First Thought
Fatal to Lawyer in Columbia
University Club

Cornelius Pinkney, forty-three years
old, Of 716 Madison Avenue, died un-
expectedly Wednesday night in room
1t the Columbia University Club, 4
'est Forty third Street. Mr.. Pinkney
-ho was q member Of the law firm Of
ninkney & Robertson, with Offices at
10 Wall Street, entered the club
Wednesday night and told George W
Haywood, manager, that he was tired
md was going to his room on the up
Ter floor to sleep.
A little later bellboy found Mr.
7inkney i'll on lounge in the room
He notified the manager, who tele-
-honcd for a physician. Drs. Hath
away and Benjamin, the latter mem
>er of the club, found the man dead
They declared his death due to heart
disease.
Yesterday the police learned that q
man had died at the club, and DR.. Nor
ris, chief medical examiner, held or
autopsy. He declared death due t.
an overdose of veronal, sedative.
Mr.. Pinkney was a bachelor and
lived with a brother in bachelor apart.
ments at the Madison Avenue address
His body is being held at the Funeral
Church, Broadway and Sixty-sixth
Street
New-York tribune., 1921-01-21
Women Assure Miller
OF Undivided Support
State Conference Urges Gov
ernor to Continue Fight
for Economy

From Sto1 Correspondent
ALBANY, Jan. 20.-New York State
Republican women, in conference here
to-day, adopted resolution introduced
by Mrs. Arthur Livermore, chairman Of
the conference, assuring Governor Mil
ler OF their undivided support IN the
state. The resolution urged the Gov
ernor not to cede point in his deter
mination to bring about a realizati IN
OF his plans for economy and retrench-
ment, and called upon the Legislature
and political leaders to aid him in this
respect.
George A. Glynn, chairman of the
Republican State Committee. urged
women 20 lend their support to the re
peal Of the direct primary law. He
characterized the system as a heavy
burden to the taxpayers, and said It
eliminated all chances for equality in
seeking Office, in that the cost of cam
paigning under the direct primary sys-
tenn was too great for poor man.
He also said the present system was
costing the state at least $1,00O,000 a
year.
Among those who addressed the con-
ference were Mrs. Helen v. Boswell, of
New York; Mrs. William A. Van AIMEE,
Miss Laura Skinner, Mrs. Theodore
Phelps, Mrs. Rosalie L. Whitney and
Mrs. Alice Chittenden.
New-York tribune., 1921-01-21
Dawes Would Have
Harding g Supervise
u. S. Expenditures
Suggests Appropriations of
Departments Be Forced to
Agree With the Taxable
Resources of the Nation

BOSTON, Jan. 2O.-A reform in the
business administration of the govern
ment by which President-elect Har-
ding would hold departmental expendi-
lures in co0rdinated relation to the
taxable resources Of the nation was ad-
vocated here to-day by Charles G.
Dawes, Chicago banker, who has been
mentioned as the possible choice of Mr..
Harding for Secretary of the Treasury.
Mr.. Dawes spoke at Chamber of Com
merec luncheon given in his honor.
He referred to the conditions that
have controlled departmental expendi-
lures in the Federal government as
constituting an impossible business sys-
tenn. In carrying out an analogy be-
tween Cabinet officers and the admins
trative presidents of a corpora
United States, almost without excep-
ton, had allowed their administrative
vice-presidents to run their particular
departments and to make estimates Of
the amount of money which should be
appropriated to them entirely without
Presidential supervision in the inter-
est of the government as whole.
Referring directly to Mr.. Harding,
General Dawes continued:
with the power Of selection, he has
also the power Of removal, and do
not think he will temporarize for a
minute with the old system so far as
his power over his administrative vice.
presidents-so to speak-can alter it. If
the Cabinet heads are not willing to do
teamwork and to coordinate and to
carry out his plan for business super
vision and economy, made simply in the
interests of the people of the United
States as q whole, he should remove
them, and l hope he will"
"The authority to unity the business
Of the government and put it into
proper system exists in him. His very
position implies not only the power,
but the duty to do this. Unless he is
willing to assume this great task q
budget law will not materially correct
New-York tribune., 1921-01-21
Field Estate
Won't Concede
Marsh Claims
Report of Settlement With
Actress i'm Behalf of
Herself and Son Denied
al News of Her Wedding
Johnson to Adopt Boy
Bridegroom Says His Wife
Will Select Their Home,
and 1t May Be i'm England

With the confirmation hero yesterday
by the bridegroom Of the reported mar
riage in Greenwich on January 8 of
Peggy Marsh, the young English
actress, and Albert L. johnson, Of this
city and Cleveland, came information
from Chicago that the Marshall Field
eatate does not intend to concede any
claim made by the bride on behalf of
herself and the late Henry Field eds
four-year-old son, Henry Anthony
Marsh.
A statement to The Associated Press
In Chicago by John P. Wilson, senior
counsel Tor the Field estate. followed
reports from this city that the estate
had agreed to recognize the former
Miss Marsh's claims and to pay her
$4,000 year and provide 100000
home for her III England.
Mr.. Wilson replied that the marriage
Of Miss Marsn "wiiI not affect the
attitude OF the Field estate toward
her." and that 1--WE have not conceded
any claim she has made, nor will we"
Suit Was Unsuccessful
The suit to construe the will Of
Marshall Field 80 as to give the boy q
s,,a.e was unsuccessful, but court de-
eco 900 which Henry Field left when
he died intessate in Jay. 1917. Miss
Marshs claim was based on her re-
lations with Henry Field after their
meeting in London about four years
ago. Field, she held, was the child )
father and the child therefore was en-
tilted to share in the undivided prin-
cipa, Of the Marshall Field, estate.
Miss Marsh's attorneys, led by for
mer Governor Dunno, Of Illinois. ar
gued vainly that child born out of
wediock might be Lawful! heir:
When consulted yesterday in Chicago.
but non-commlttal.
~ lno'r the young couple. will be
very happy" he said. "Peggy is nice.
e ...,J and cultured"
The bridegroom, who is the son ~
the late Albert L. johnson, half owne,
Of the Nassau Street Railway before
its absorption by the Brooklyn RAPID
Traneit Company, and nephew of tn
late Tom L. Johnson, four times Mayer
Of Cleveland, also denied that any SET
tlemcnt had been made with the Field
heirs.
From my own knowledge and from
what my wife has told me-" he sad.
'the story is ridiculous in the ex-
treme"
VIII Adopt Peggy's Son
Mrs. johnson is a patient in Mis-
Alston's house for private patients, 25
West Sixty-frst Street, where she un-
derv.ent an operation for acute appen-
tiicitis several days after the quiet
wedding IN Greenwich.
Mr.. Johnson said he intends to adopt
Hen : Anthony Marsh as his own and
that he expects to apply for the neces-
sary papers soon. He indicated that
lis wife's preference for a home was
highland, and that the new Johnson
family probably would make its abode
on English soil.
Mr.. johnson and MISS Marsh met fol-
New-York tribune., 1921-01-21
Harding; the Editor
Unlike Harding, the
President Elect
University President Finds
Him Optimistic as Jour-
nalist, Clear Eyed and
Vigorous as a Statesman

CHICAGO, Jan. 20. - Walter Dill
Scott, president of Northwestern Uni
versity and noted as a psychologist
tonight gave out a written statement
on his return from trip to Marion
Ohio, to see Senator Harding about
helping to open the Joseph Medil
School Of journalism, saying that he
had found the President-elect vigor-
Gus man, with firm handshake, reso.
nant voice and clear eye"
The statement added:
~ found an optimistic man in Mr.
Harding when he assumed the part Of
a newspaper editor, and a champion OF
ethical and religious leadership. He
knew that l sought no political posi-
ton and that had sought his advice
on education in journalism. To such
an appeal he responded in the neigh
borly way that has so universally char
acterized his actions and endeared him
to the American people.
"Mr. Harding as President-elect,
when surrounded by reporters and
politicians, is quite unlike Mr.. Harding
the educator and editor. For months
he has been bounded by reporters
seeking a sensational story and by
polltlCidHS SeeklHS 4aVOIS. At is HOt
strange that his delicate sensibilities
have become sensitive.
Every approach Of a reporter or
politician las become to him like q
llow to on open wound. His whole
being assumes an attitude of defence.
Fortunately his sturdy constitution has
not broken and it is reasonably certain
that the irritability and the sensitive
ness Of his nervous system will dis
appear before he emerges from the
Indian River region.
81 was so fascinated by his reminis-
cences and by his enthusiasm for the
cause of journalism that l failed to
make adequate mental notes of all that
MIR. Harding said, but the following
sentences found place in my memory.
"'The American press has not lived
up to it's responsibilities in molding
the thought Of the people. 1t has linn
tied itself too much to dispensing SEN
sational news and to making money
1t has been Influenced more by com
mercial than by ethical standards. 1t
is very important that al available
agencies should combine to elevate not
only the ideals but also the practices
of the American press."
New-York tribune., 1921-01-21
Washington Asked to End
Army Pupils School Mix-Un

PEMBERTON, N. j., Jan. 2O.-Maior
General Charles p. Summerall. COM
mander at Camp Dix, whom County
Prosecutor Kelsey threatened yester-
day to arrest unless the military nolice
modified their demeanor, intends to
make an official report to Washington
on the incident.
Prosecutor Kelsey said to-day that
ne had sent complaint to Washing
ton already. Military authorities yirtn-
ally had put the town under ouaran-
tine, he said, because it's Board Of
Education refused to admit the chill
dren OF soldiers at the camp to schools
IN town unless they paid tuition fees.
New-York tribune., 1921-01-21

the first time at luncheon at the
Ritz-Carlton shortly after the actress
arrived in this country several weeks
ago to wage legal battle, it was re-
ported, for a share In the Field estate.
1t was on January 4, Justice Of the
Peace Albert Mead, Of Greenwich, said
yesterday, that he received a telephone
call from Mr.. johnson and January 6
was set for the marriage. The couple
arrived at Greenwich that morning.;
were driven in q taxicab to the justice
to the home Of Robert Wellstood, as
sistant town cleerk, where the license
was obtained. The ceremony took place
at a. m. in the Justices Office on the
top floor Of the building.
The bride and bridegroom both gave
their ages as twentysix years. After
the ceremony they returned to New
York.
Miss Marsh's demands upon the Mar
shall Field estate made her one of the
most talked Of women in England or
America. The birth of Henry Anthony.
she contended, placed an obligation on
the estate Of his dead father that his
legal heirs would have to fulfill.
Johnson an ex-Aviator
Albert Johnson, the bridegroom,
known to his friends as Buster" was
an aviator during the war, and won his
W ngs as a pursuit instructor at the
San Diego field. Prior to entering the
service he was engaged in the insur-
ance brokerage business here, and made
it hobby to follow q rancher's life at
odd times.
The mother of the bridegroom is
Mrs. Charles E. Bayne. of 981 Madison
Avenue. A sister. Mildred, married
Augustus W. Kelly, of los East Sew
enty-fifth Street. Helen L. johnson,
another sister, was a last years debu-
tante and close friend Of Adelaide
Rhinelander.
johnson is due to come into a for
tune next October, when, under the
terms of bequest, he takes possession
Of a part Of his late fathers financial
holdings and property.
He is not worr. ing in the mean time,
as he says he has enough to support
his wife and son. II say our son." the
bridegroom explained, because we in
tend to adopt the little boy as our own.
He deserves the chance his mother and
are going to give him."
Peggy Marsh's real name was Anna
belle Greenough. She was born in
Chelsea, Mass. She became acquainted
with Field at the Savoy Hotel in Lon
don early in 1915. She was then play
ing at the Alhambra Theater. Field
Is said to have shown her constant at
tention and finally engaged'a house In
London, where they lived.
New-York tribune., 1921-01-21
the situation. The budget law will help
the President to do his duty and it
should ho nassed

tuo SITUATION. Inc Du0geC INV Will nelp
the President to do his duty and it
should be passed.
"1n my judgment it Is not necessary,
and it would not be best for the coun-
try, if, in connection with the making
OF budget law, Congress should sur
render any Of it's present power to the
Executive. Congress is made RESPONSE
bic by the Constitution for appropria-
tions. In carrying out this RESPONSE
bllity,. say without hesitation that
If it had not done its duty and pro-
tected the people against the enormous
and excessive appropriations asked by
the present Administration during the
last two years, the credit Of the United
States would have been gravely injured
and irreparable damage done to the
people of the country.
"The proposed reform is particularly
an administrative, as distinguished
from Congressional reform"
{ The task of the President-elect in
bringing the proposed reform about
will be difficult, General Davis said.
mot only because of its magnitude,
but because Of the selfish Interest
which will attempt to block it,
New-York tribune., 1921-01-21
Honor ST. Francis of Assis;

LONDON, Jan. 20.-Pope Benedict
has made public an encyclical letter in
viting the Christian world to solemnize
in 1925 the seventh centenary of the
death Of St. Francis of Assist, founder
of the Order Of Franciscans. saws
Central News dispatch from Rome.
New-York tribune., 1921-01-21
sl2. 900. 900 Indian Bill Passed

WASHINGTON, IAN. 20-After ex-
tended debate, during which attempts
were made to strike out many Of its
items, the House to-day passed the an
nual Indian appropriation bill. the sixth
of the fourteen supply measures to pc
sent to the Senate this session. AS
reported to the House the bill carried
anrroximstelv $4,000 900.
New-York tribune., 1921-01-21
D'Annunzio Remains Mute

LONDON, Jan. 30 Gabrielle DAN
nunzio arrived in v"nice Tuesday, says
a dispatch received by the Central
News to-day from Rome under Wednes-
days date. D'Annunzio retired to the
Barbarigo Palace and refused to talk,
the dispatch adds
Norwich bulletin., 1921-04-13
UNITING NM HNeLANp.

Many are the oeeasions when 1t has been felt that the New England states should stand as q unit. Aheeted hs the same conditions and facing practically the same problems there have been many instances in which concerted action has been sought and obtained. Even though broken mp into half dozen states New England is smaller than many states and 1t is only natural that thers sAsuld be strong sentiment tp the efEaet that 1t should be closely united.
 This idea has been urged ia behaH of iegislation and the peiat made that uni- form laws of 8 certain character would result in greater respect for the laws within the respective states since there would be overcome the temptation to rush across the border into an adjoining com rnonwealth to carry out what is uaiaw- ful in the resident state. Progress fn this direction has not been in keeping with the advocacy of such plan, each state being jealous of its own rights, ideas and privileges but in a section of the country so distinct as this it is im- possible to disregard the merits of such a proposition.
 mus when rcpTeSenJdtlVSS 0I Idf1n Du- reaus, granges. chambers of commerce, manufacturing, transportation and bank ing organization get together in Boston | for the purpose of perfecting 8 council for the six states that would provide a means and a, method for studying ] and acting upon certain important problems of economic welfare concerning New En. gland as whole it Is te be realized thai much the same view is taken regardine the united action of this part of ths country.
 The plan is undoubtedly possible oi good results. As it is now New Engiand sentiment as such Is more or less infer red from the representation of certaiz centers To have that sentiment express cd through 9 eentral organization tha will be representative of the six state will give different meaning to New En
 gland views and with the varied inter
 ests voicing it's sentiment through a sin
 gle body and having single aim bene ficial results should be obtained.