davidaulloa/AmericanStories huggingface dataset:
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1921-08-19
HOERNLE CLAIMS
CHAMPIONSHIP
NOT YET WON
Saturdays Game at Cam
pus Will Be Deciding
Factor In Series

Exceptions to the statement
published in the Caledonian- Record
of Thursday that the Newport
base ball club, by winning the
fourth game of the important ser
les between that team and the
Fairbanks A. A. nine, had also
captured the championship OF
Vermont, which was to be the out
come of the series, are taken by
Manager Charles Hoernle of the
st. Johnsbury contingent and
many loyal supporters of the st.
Johnsbury team. All unite in deny
ing that Wednesdays tussle was
the deciding affair and wish the I'M
preston, which has gone broad
cast, to be corrected.
According to Leader Hoernle, a
series of. four games between the
rival aggregations had originally
been planned. This arrgement, he
declared, had been perfected by {.
H. Davis, head of the Newport
club and himself, several weeks
ago and that an amendment to the
schedule had been made later by
John Prouty, who acted as mana
ger during the short vacation,
which Mr.. Davis took.
In an interview with Caledon-
ian Record reporter today, Coach
Hoernle gave out the following in
formation on the much-talked of
subject:
manager Davis and ] got to-
gether some time ago and drew up
plans for a series of four games
between Newport and ST. Johns
bury which the fans had been
ciamoring for. 1t was decided to
eliminate the first game Of the sea
son between the two twons, which
the Fairbanks boys won by a de-
cisive score of 6 to 0, in view of
the fact that the lineup of both
"nines" had been materially chang
ed. 1t is a fact, however, that both
teams were pretty evenly matched
at that time and Newport's twirl-
ing ACE Joel Shelton opposed
Clarence Witty in the box. Witty
shut out the border city athletes,
allowing but few scattered hits.
"After jtheye arrangements had
been made and two games had al
ready been played, Mr.. Davis took
vacation and in his absence, John
Prouty acting head of the Newport
team came to ST. Johnsbury and
made the proposition to me of ad-
dining two more games TO the
original schedule and an ad-
ditional game at Barton
if such was necessary to prove the
winner of the socalled champion
ship. l agreed to this proposition
and everything was made ready.
Newport came down here and
beat Fairbanks by a score of 5 to
2 on July 6. Our boys then went
to Newport and evened up the
series bv decivsely defeating the
border city outfit by a score of 6
to 1. The next game, played on
Aug. 10, went to Newport by n
count of to 0. Newport took the
fourth game on their grounds on
Wednesday, by score of to 2.
BY winning the last game, New
port had a decided edge on the
series, but certainly did not cinch
it. If Newport should succeed N
Continued on page 81
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1921-08-19
HARDWICK FIRE
SUSPECT in
ST. ALBANS JAIL
Arrested for Arson On
Warrant from Gale
dOnia County

News is received here of the ar
rest in Franklin county of Warren
Perham, who is charged with the
burning of buildings on the Par
meter farms in Hardwick and
Greensboro recently.
Perham was caught by Deputy
State Fire Marshal Preble, who
was on his way by automobile from
st. Albans to Alburg. Perham was
found walking on the highway.
The officials have been on the
look out for the man since papers
chargin~ him with arson were
issued in Caledonia county accord
ing to the officials, Perham's re-
cording to certified reports from
the New York officers is not good
and the Vermont officers were ad-
vised to use more than the usual
care in attempting.to take the man
into custody.
Perham had worked at the Par
meter place this spring and after
two or three fires occurred susplc-
ion was aroused that he was res
ponsible for them.
Insurance of $4,000 was carried
on the buildings which were des-
troyed and Insurance Commission
er J. G.. Brown of Montpelier is
cooperating with the other officials
in investigatin the matter.
Perham was lodged in Franklin
county Jail to await developments
and he will be brought to St
Johnsbury where his case will be
heard.
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1921-08-19
JURY DISACREES
IN AL" MARTIN
LIQUOR CASE
New Jury to Be Drawn
Frank Taylor Was
a Detective
Frank Taylor, the third member

Frank Taylor, the third member
of the trio of moonshiners, who
were ARRESTED and whose still on
Mt. Hor beside Lake Willoughby
was captured on August 5th, was
detective in the employ of the
state of Vermont. This was the
startling development brought to
light in the trial Thursday after
noon in Municipal Court at New
port of Gal" Martin, the aviator.
Masuuerading as a brother moon
sinner, the clever sleuth, outwitted
his companions and led them into
trap. They were then easily ap-
pretended by cooperating Orleans
and Caledonia county officials on
the morning of August 5th.
A jury composed of Newport
business men took the case a. 6:l5
Thursday evening and at 7:45 it
was announced that they had dis
agreed Martin will remain in Or
leans County Jail until anothe:
jury is drawn. John Keith was fore
. man of the disagreeing jurors.
William F. Richardson of St.
Johnsbury, the reputed owner of
the still. was the principal witness
for the state. He was placed on the
witness stand by States Attorney,
Albert w. Farman. He testified
that Taylor took the initiative in
opening negotiations for the pur-
chase of the still, which reposed
in cave at the widest and NOSE
inaccessible point on Mt. Hor by
Continued on page 81
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1921-08-19
BELIEVES AGREEMENT
MEANS QUICK RELIEF

RIGA, Letvia, Aug. 19-The an
nouncement in Washington of Her
bert Hoover as head of the Ameri-
can Relief Administration that an
agreement had been reached on the
conditions laid down by the admin
istration concerning American re-
lief work among the famine suf-
ferers of Soviet Russia is inter-
preted here as meaning that Mr..
Hoover had accepted the latest
compromise of the Soviets on the
disputed point.
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1921-08-19

A Newspaper Covering
the Entire Northeast Sec
ton of Vermont State
Every Working Day.
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1921-08-19

Continued on page ~
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1921-08-19

Continued on page 81
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1921-08-19
BRITISH PUT WHOLE
TERMS INTO LETTER

LONDON, Aug. 19-The British
government declared, Premier
Lloyd George today in making its
settlement proposals to Ireland
had decided on putting the whole
of its terms into the letter to Ea-
mon De Valera without keeping
anything back and the sequel had
proved, he said, that it was right
in adopting that course.
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1921-08-19

Fair tonight Saturday
increasing cloudiness.
Probably followed by
showers.
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1921-08-19
Sheriff Holds Back Angry Crowd
Bent on Lynching Three Negroes
Afternoon Quotations on
New York Stock Market

Furnished bv Elmer H. Bright
and Co., rs State street, Boston.
Member of the New York and
Boston stock exchange.)
Following the are opening and
closing quotations of the principal
stocks on the New York and Bos-
ton markets:
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1921-08-19

Continued on Page Six)
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1921-08-19
FOOD RELIEF FOR
RUSSIA is RUSHED

WASHINGTON, Aug. 19-Pre-
paration for food relief in Russia
are being rushed by the American
Relief Administration, Commerce
Deparement officials said today.
Shipments from New York will
start at the earliest possible mo-
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1921-08-19
Alleged AssaiIants of White
Girl Under Heavy Guard
to Prevent Violence
(By the Associated Press)

BAKNSTABLE, Mass, Aug 19-A Barnstable
county mob of nearly 200 men and women, CARRYING
ropes early today stormed the local jail, threatening
to lynch three Cape Verde Island negro prisoners,
The Washington times., 1921-12-01

NEW YORK. Dec. 1.--Of the vari-
Gus leaders In the two months adj
vance the most consistent has been
baldwin.
The fact that II was placed In the
forcrank is another testimonial to
the astutencss and ability Of the bull
operators. With a floating supply
OF stock, probably smaller than any
listed security, improving business, q
splendid record I'm the past and a
strong financial position. these trad
ers picked Baldwin as the Keystone
Of their operations.
Their goal for Baldwin was par
by the time II sold lex" the $3.50
dividend. II should be remembered
that this would represent an advance
Of about twenty-five points on some
OF the pools holdings and twenty
points for the .greatcr volume OF
stock n purchased
II sells lex" tomorrow so that IL
would he. well to watch IL closely.
Further signs of liquidation in II
might well be- taken to mean distri-
button elsewhere. What goes on in
baldwin win undoubtedly be reflected
I'm other issues.
The Washington times., 1921-12-01
absorbing Liquidation.

The main purpose OF pools is to
sell out at "a profit according TO one
Of the biggest traders In discussing
the outlook.
With this in mind, much will de-
pend upon the size Of public participa-
ton. Just at present this participation
In the speculative market is not very
large. Outsiders are combining most
of their commitments 10 investment
issues, but have commenced TO take
rotice of the action OF stocks.
While there Is every indication that
public participation will Increase. II
will be some time before ii reaches
anything like normal, or will be SUI
ficient TO absorb any good size liquida-
ton by pools. In the meantime should
rome OF the pools decide to unload
altogether, the result would undoubt-
edly be a shakcout that would scare
off whas little part Of the public Is
taking part in dealings.
An upward trend must be conducted
with care. With continued improve.
ment in business, higher prices will
be warranted for many issues. These
pools that have pushed their favorites
ahead Of the good issues should, there
fore. be careful OF lese they may kill
the goose that lays the golden eggs.
The Washington times., 1921-12-01
Trade Gain Seen for
Dec. BY Credit Leader

Summing survey or business conditions throughout
the country the December letter issued by the National AS
improvement and the belief that this
gain should increase from month to month and be very
ceptible in the early spring.
The salient points presented by H. Tesoe executive
rotary of the organization, are:
while buying Of fabricated textiles and wearing ap
in the construction industry railway equipment and other
commodities of basic value 3l .-
Industries that could not function normally during the
becoming quite busy because Of demands
Crop diversification is essential for efficiency.
4-High overhead and excessive rentals block lower living
costs.
5-Fue prices are a hndrance to recuperaton.
6-Colections still slow especially In rural districts
7-Luxuries still in demand in large stores.
SRevval in export trade essential for prosperity here
Mr. Tregoe says:
Surveying the business situation at this particular time
and interpreting conditions they discovered present
greater difficulties than have had confront in period
Of the depression. s.. s. y.
"We have continually pointed that the real index to
would be found at the base and not
on the surface.
During November the buying of fabricated textiles and
articles Of wearing apparel has declined but in the construc
ton industry railway equipment and other OF
there has been acceeraon Of sales and IN
confusion the dvergng conditions believe
firmly the Improvement noted thirty days has been held
and slightly increased .E.
The active sales of several months ago certain lines
such textiles boots and Shoes could be accounted for
the fact that many Of the stores had permitted their
stocks to down. and they getting ready for the
seasons business Even with this find that ordering
caution disposed to take the chances overradng
Ihe industries not permitted to function normally during
The period and whose production low are now
eng quite busy because of small stocks and demands
The Washington times., 1921-12-01
Immediate Bond Outlook

Here il the opinion OF one Of the
best bond analysts: Activity in the
bond market VIII continue. However.
there Ii evidence of some profit-tak-
ing now so that II would be unwise-
To climb after securities.
IL would he only natural for a tenn
porary setback to take place. Many
brokers and dealers are almost entire
ly sold out. For the present. therefore.
II would he the best policy 10 con-
fine commitments 10 those few high
class issues still selling too low.
Those issues that have enjoyed sui
stantial advances may offer better
bargains to the careful investor before
long,"
The Washington times., 1921-12-01
Mexican Oil Taxes.

Some part of the selling Of Mexican
Petroleum was due to the erroneous
conclusion arrived at by traders in
connection with the announcement
that November shipments were valued
at Sl.4S barrel for the purpose OF
the 10 per cent ad valorem tax.
This would mean n tax Of '1I.s cents
a barrel. which, while larger than the
October import, IL due TO the increased
puice of oil. and is offset by the larger
income derived thcrefrom. The most
pertinent feature Of the Mexican situ-
alton Is the action to be taken by the
government regarding the specific tax
which producers object to.
No statement has been made by the
Government as yet. and until Il il. the
producers will take no further action.
The Washington times., 1921-12-01
Steady National Progress.

Progress toward normal conditions
throughout the country has been CON-
tinuous during November despite q
relative slowing down" as compared
with the previous two months, the
Reserve Board said today in its
monthly business review.
ION the WHOLE" tho board said. "the
best opinion now looks to a steady,
even II locally interrupted, progress
back TO normal conditions, although
no immediate or sudden expansion or
boom In In sight.
During the past month" the board
declared. Improvement in business
conditions was not SO pronounced. For
the time being. II was explained, the
peak Of demand has been reached and
passed while uncertainty regarding
prices Of staples. particularly cotton,
has interfered with trade buying.
Possible further reductions OF
freight, 1t was asserted. has ap-
The Washington times., 1921-12-01

ON Sunday telephone and tele.
graph wires were kept humming.
On Monday afternoon the lawyers
representing the bankers petitioned
the Federal court judge in New York
that the receivers selected by WHY'S
be not recognized by the court in
New York on the grounds that these
receivers didn't represent the parties
rightfully entitled to be represented
by the receivers, namely, the creditors
and security holders.
The bankers and their lawyers had
worked so rapidly that their petition
represented. 1t is said, about half of
the WHY'S banking indebtedness,
while II was supported by counsel
for merchandise creditors and con.
CURED In by counsel representing
holders OF the first preferred stock.
Judge Knox granted WHY'S and
his receivers forty-eight hours to
file reasons why his receivers should
not he removed.
When WHY'S applied at Albany for
the appointment in that district OF his
friends ss receivers the bankers
The Washington times., 1921-12-01

Frank. White. Treasurer Of the
United States, in his annual report
for year ended June 30, 1921, shows
that total ordinary receipts were
IS, <,Sl7 .045, while total ordinary cash
disbursements amounted to S6.0eE.717.-
sos, leaving an excess OF ordinary
receipts over ordinary cash disburse-
msnts Of t489,7sS,b3s.
Receipts on account Of principal OF
the public debt were ts.Ss%.s2S.784,
disbursements tS,1Sl,i7%,o13. and net
excess Of disbursements over receipts
SslS,S4s.12s.
Net excess Of all receipts over al
disbursements during the year was
3172.Ss1 800. and this sum added to
1855, s47. 070, balance In tho Treasury,
June 30, 1890, amounts to sbS2,SsS.-
32s. balance in the Treasury. June
80, 1871.
Income from Federal Reserve
Banks amounting to Ss0,72&.7A2 were
applied by Secretary OF the Treasury
to retirement Of 60.72%.s00 In ~ per
cent certificates of Indebtedness.
Receipts Of 37o,ss9.0o on account
Of obligations Of foreign governments
was applied to retirement Of $685.
500 Liberty Loan bonds.
Cumulative sinking fund estab-
lished by section six Of the Victory
Liberty Loan act. approved March
3. 1919, became operative on July 1,
1920, and during the fiscal year. 1921.
s254,t44,57s was expended In the pur-
chase Of $as1. aso.250 principal Of Vic.
tory Loan notes and payment Of
"a. 4s7, ia accrued interest thereon.
The Washington times., 1921-12-01
Wall Street Gossip

i'm the hard-earned savings OF widows
and inexperienced investors during
the two-year decline that these self
named brokers" had come to believe
they were veritable Daniels OF
Finance" Now that customers are
calling for profits and the bucket
is empty. IL In likely they will soon
be among the missing.
young man. who deposited some
Liberty bonds with one OF these
brokers has just visited us asking
how he can get his money back.
The time for advice is before you
make your commitments, and that In
what The Washington Tonnes main
tains Its Investors Service for--to
guide the INITIATED Through the maze
OF finance.
The Washington times., 1921-12-01

parently tended to unsettie prices and
to retard industrial activity in some
manufacturing sections. Recovery in
the steel and Iron trade has halted for
the time.
Export trade, continuing in sub
stAntial volume, shows the result of
strong foreign demand, especially for
staples. Except for the foreign eI-
change situation, the board continued,
financial developments during the
month were encouraging.
The general situation of trade and
industry" the board said, us unInis.
takably more hopeful. and Is improv-
Ing a. steSdily as can be expected in
view Of the slownees of economic prog
ress IN other parts OF the world. par
ticularly In western Europe"
The Washington times., 1921-12-01
The Burlington Dividend.

The Burlington dividend. that Will
make certain the Northern Pacific,
Great Northern payments" is ex-
pected today. One can find four diff
ferent versions as 10 what directors
are going to do. while one faction
says that. for all intents and pur-
poses, 1t is already done.
The advance information as TO the
payment to be declared ranges from
is to 30 per cent. Every one is sure
IL Is going to be n big disbursement.
The most practical report. and the
one found in the most reliable circles.
is to the effect that the declaration
will consist Of n per cent regular
semi.annual dividend and a " per
cent extra.
The Washington times., 1921-12-01

Il. Z. fOHbES. nau naiiieu rece'N-
ers for the WHY'S Corporation. which.
let IL be kept clearly IN mind. 10
separate enterprise from the WHY'S
Overland Company, which msnufact-
ures the WHY'S Overland and WHY'S
Knight cars. The news took away the
bankers breath. They couldn't be-
Asked what was the meaning Of
this unexpected action, an action
which took Wall Street also by COM
piste surprise. the answer given wis
along these lines:
Tho Reasons.
limitations had been quistly con.
veyed TO Mr.. WHY'S that in the new
lineup being worked out by the
bankers reorganization committee, his
position. his authority, his power
would be different from before. Those
supplying the money would have a
lot 10 say In the future handling Of
the WHY'S affairs.
On. learning this. il is declared,
WHY'S secretly called together his
directors, all his own employees, and
had a. resolution promptly passed
favoring immediate application to the
Court for receiving the WHY'S Cor.
poration. The Court agreed to the
appointment OF one Of the vice-presi.
dents of a WHY'S subsidiary as one
receiver and an officer In a bank Of
which WHY'S was a director as the
second receiver. Similar proceedings
were quietly taken in New York
The bankers were furious. They
felt that they had been double-crossed.
WHY'S had stolen a march on them,
but they hastily laid their heads to-
uether and MANNED a course ~ irnme-
6iate action.
The Washington times., 1921-12-01
Dividends.
Foreign Exchange.

NEW YORK, Dec. 1.-The foreign
exchange market opened strong today.
with demand sterling Ia cents
higher. at s4.oe. Francs rose 11n
confines, at 7.l6 for cables and 7.1S
for checks. Lires rose 3is points, to
40 for cables and 41s for checks.
Belsians advanced IA ccntimes, to
500 for cables and sos for checks.
Marks were up 6x points, at .005l y .
Other quotations are: 9uilder,
cables, $3.50; checks. 35.4s: Sweden
kronen, cables, $3.50: checks. 23.75.
The Washington times., 1921-12-01
LIVERPOOL Cotton Market.

LIVERPOOL, Dec. There was
a limited demand for spot cotton at
the opening today. Prices were barely
steady. Sales were 1000 bales.
American middlings. fair. 1888;
rood middlings. 11.6s; fully riddlings.
lI.2s: middlings, 1899; low middlinks,
s.5s; good ordinary. 7.S4; ordinary,
100.
Futures opened quiet.
The Washington times., 1921-12-01

ufacturers, an d
the large and in
nuential group Of
bankers In New
York and else
where who have
been endeavorinE
all through this
year TO stimulate
"A plan for the H.
nancial reorgan-
ization of WHY'S
properties.
Like a thunder
bolt from a clear
sky came the news
last Saturday eve
ming that tn Q
court at Toledo
had named receiy-
The Washington times., 1921-12-01
Clearing House Statement.

NEW YORK, Doc. CLEARING
house statement: Exchanges, 1868,
100 goo; balances. s76,S00,oO0; Federal
Reserve Bank credit balances, S52,.
4N0 0NN -'
The Washington times., 1921-12-01
Liberty Bond Prices.

NEW YORK, Dec. Moon Lib
erty bond quotations: 8h's, lss.2o
second ~, 1914 first 4h's, so7.ss
second AS. 1880; third as
4pT.so; fourth 4h's. 3s7.bS; Victory
3&'s, 1886; Victory <&'s, $9s.9s.
The Washington times., 1921-12-01

Behind all this there lies much
piQuant. unpublished financial history.
When willys-Oyerland, in common
with scores OF other large companies.
got into a tight place more than year
ego, the WHY'S Corporation. another
enterprise controlled by John n.
willys, came to the rescue by buying
Sc, 900. 900 worth Of Willys-Overland
stock, paying therefor. the bankers
allege, $40 a share at a time when the
stock was selling in the open market
az SIC a share. The courts, IL is
limited, may be asked to look into this
transaction. ......
other inter-company financial trans
actions are also talked OF now that q
falling-out has occurred after negotia-
tlons lasting since the appointment OF
b bankers committee last January TO
stave off rcceivcrship.
Altoeethor, a spicy hattie is brewing
| got hold of Mr.. WHY'S on the fly
last evening and hope 70 get his Yer.
sion Of events today. e.. -,
copyright la:l BY 2 70 Forbc,
The Washington times., 1921-12-01
Another Record.

Compare the recent highs OF Bald
win, Endicott- johnson. and WOODEN
with quotations two months ago when
4 was stated here that they had been
picked as fsvorites.
The Washington times., 1921-12-01
FIN ANCE|
AND
BUSINESS IN

Not many business maynates care
to open warfare against the most
powerful banking group a. America.
A battle royal has broken out be-
tween John N. WHY'S, one Of
The Washington times., 1921-12-01
Chicaqo Grain Market.

CHICAGO. Dec. Wheat opened
I. to a lower: corn unchanged to u
higher: oats unchanged to y higher.
Provisions inactive. Opening:
Wheat. December. 118h G11ak
May. lin 81l7k
Corn. December. Az Gas: May,
54Ta 354%.
Oats. December 32%ts2h; May.
3Sis 1SSss.
The Washington times., 1921-12-01
Sinking tire BuCketeers.

-Four OF the wcll-known stock.
ahead" boys have gone 10 the well
rs a result of the continued advance
in securities.
50 fast did their sugar men bring