davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-02-05
Longer Term u. S. Paper
Urged to Aid Farmers

MADISON, Wis, Feb. 4-Federal Re.
serve paper, with nine months or
twelve months period Of maturity
would greatly assist the farmer and
overcome to great extent the pre-
dicament the toiiers OF the soil find
themselves in at the present time, &C
cording to 4. F. Lever, member of the
Federal Farm Loan Board, who ad
dressed the marketing conference here
to-day.
"The question uppermost in the
minds of farmers is what happened TO
bring about the present situation" said
Mr.. Lever. What shas occurred to
justify slump in prices of Farm
products ranging from 30 per cent to
100 per cent within q period of twelve
months?
Certainly there are no less mouths
TO be fed now. The yield for 1920 vas
not unusually large.
"For the great staple crops Ike
wheat, corn, cotton, wool and livestock
there is no existing machinery for
the orderly marketing of farm prod
ucts. Agriculture is both under capital
lied and is without any adequate sys-
tenn Of credits adapted to its peculiar
needs.
"There is terrific strain upon the
finances Of the country at the crop
moving season. Also an inefficient and
expensive system Of transportation
There is an uneconomic and unwise
strain upon the buying and absorptive
powers eff the purchasers Of farm prod
ucts Under this system we are asking
the buyers of farm products to meet
their needs for period Of twelve
months in period from four to five
months, with the inevitable result to
he seller OF these products"
New-York tribune., 1921-02-05
B usiness N e VS.
Hosiery and Underwear Lines
Show Improvement, Says Bank
Confidence ShoaUrs
In Improved Trade

Confidence in the improvement
in the general business situation
was expressed yesterday by Julius
II. Barnes, former President of the
United States Grain Corporation
and of the Klearffax Linen. Rug
Company, of Duluth, Mimi, who an
nounced the resumption of opera
tions in the latter concerns plant
on full basis of two eight-hour
shifts day. The employees volun-
tarily agreed to 10 per cent cut
in wages, said the announcement.
In ordering the factory to resume,
Mr.. Barnes telegraphed the execu-
tives in Duluth in part as follows:
"Aftsr careful consideration we
are warranted in a confidence that
the industrial depression is grad
ually clearing, that conditions JUS
tify some courage in reinstating
normal activity, and that we pro-
pose the Klearfax Factory shall
lead the way in testing the belief
that the time has come for estab-
fishing unemployment"
New-York tribune., 1921-02-05
WAR DEPARTMENT
Ordnance Salvage Board"
I Leather for Alarm Clocks

Reports that leather goods dealer
is exporting his product TO a European
country and receiving cheap alarm
clocks in exchange have been prev&-
lent in the trade here among dealers
in both American and foreign made
alarm clocks. This merchant is said
to have formerly received foreign
money for. his goods, but last year. the
report has it, he found it much more
profitable to take the cheap foreign
alarm clock instead Of money. :
The latter part Of last year found
the market for alarm clocks flooded
as result Of the importation Of q
large quantity Of the cheap foreign
made product. 1t is said that this
influx had temporarily demoralizing
effect on the market.
New-York tribune., 1921-02-05
Accepting Cotton as Cash

A retail merchant from Oklahoma, a
visitor in the New York wholesale
markets, yesterday asserted that many
OF the merchants throughout the cot
ton-growing country are accepting cot
ton in payment for old accounts. The
general rule is to give the grower
credit for his cotton at about a cent
pound above the ruling market rates
for the day it is received. This cot
ton," said the merchant, will be held
for rise in prices. Personally have
profit on most of the 500 bales that
have accepted in this manner"
New-York tribune., 1921-02-05
''Mrs. Harding BIue'' Urged

An attempt will be made to popular
lze the particular shade of blue Sc
lected by Mrs. Harding for her in
'augural gown. Already samples of
that color in silk and cottons have
been sent to retailers throughout the
country, and some stocks already have
been made up in anticipation of i'm
mediate delivery orders to reach the
retailers IN time for sales before the
inauguration next month. r. III. Mallin-
son & Co., silk manufacturers, who OBJ
tanned permission to name a shade
Mrs. Harding Blue" from the wife
Of the President-elec have shipped
stocks of various silk in this color to
retailers not to be shown until March 4.
New-York tribune., 1921-02-05
Rail Tax Law Attacked
St. Louis & San Francisco Line
Files Briefs

WASHINGTON, Feb. 4.--Briefs were
filed to-day in the Supreme Court by
counsel for the st. Louis g. San Fran
cisco Railroad in suit attacking the
validity Of the Missouri franchise tax
law Of 1917 levying a tax Of three
fourths of per cent upon the par
value of the outstanding stock and sur
plus of every corporation doing busi-
ness within its limits.
A separate case was made upon the
question of the 1919 tax, amounting to
nearly 100000, the railroad contend
ing that it was prevented from doing
business in 1919 by the government,
which then had control of it's lines, and
that the tax in reality was an effort Of
the state to tax the Federal govern
mont
New-York tribune., 1921-02-05
Fur Prices Steadier

Blue, cross and good silver foxes
brought prices equal to last autumn at
the winter auction sale this week in
London, under the auspices of C. M.
Lampson, according to reports received
here by Alfred Fraser, American agent.
Black silvers were difficult to SELL
Red and white foxes declined 20 and
25 per cent, respectively. compared to
autumn prices.
New-York tribune., 1921-02-05
Illinois Bell Telephone Co.

The Illinois Bell Telephone Company
reported net income, after charges
and taxes. Tor the year ended Decem-
ber 81 of $l,426,461, equivalent to 1856
tai stock, compared with $3,032,1s0, or
$7.58 q share, in the preceding wear.
New-York tribune., 1921-02-05
PhiIadelphia
*sUUv Len Val As. Il n n II
1000 PHI Eleo 1st 5s SAX SAX SAX SAX
Pittsburgh

49 A w Gla Mch,1o7 1O7 1o7 1o7
$40 Ark Nat Gas Sh So sX AZ
1875 Bar'sd'l c C"B" 81 81 27~ 81
100 CRrbo Hydro. = a u 2. u
-16&o Guffy Gillespie 24A 24L 93% a3s
a5 Habirshaw Ell. IL I2 10 10"
Loo 1ndpt Bwg pf 3lh az Az az
160 Lone Star Gas 25 25 Ok Ok
loo Mfrs 1t d Ht. 81 81 81 e.
1925 Marland Rein 2X 2Ts 90 or
$50 Nat Fireproof 65a 6% eE ess
125 do pf ...... 13al Ia 13& rS@
20 Ohio Fuel Oil. l6Ib l6B ia Ia
200 Oklahoma Gas 2S 28i% % %
$500 Pgh Mt Shasta 80 SO 40 80
% Pgh Plate Gl.l15 115 1l5 1I5
20 20 Uas, Union Gas Ga ~ n,.;ld7h 1I7h 1171a li7h
40 West Elec.... 44E 44S 4tE ss44n
New-York tribune., 1921-02-05
Nfiscelianeous Oil Compani,,

Atlantic Lobos Oil Co COM. 20 %
do pf .................. 10 so
Elk Basin Cons Pet Co. ... ~
Imperial Oil, Ltd............. s5 100
Magnolia Petroleum Co.... 1B0 100
Merritt OIL Corporation. .. 1l& t21l
Midwest Refining Co.. 1876 t3s
mountain Producers. s& 0
Northwest OIL Co... 27 az
Producers & Refaners Corp 40. IL;
Salt Creek Producers, new. sG 10
Sapuips Refining Co. o..... AZ IN
Western States Oh B. Land Cm, i /
New-York tribune., 1921-02-05
Monthly Earnings
Changes from corresponding month
19Iesl

gDNahkTH --EUrIVbpUN1INE iIONtN
1sIe.l
New York, Chicago G Sc. Louis
December gross. ..s2.5so.l5s Ino. S4ox,s24
Deficit after tax. iSo.845 Inc. 4la,97x
Net operating deficit 24S.2ss Inc. 444.sSi
10 months gross. 2S,226.lss Inc. <.749,656
Balance after tax. S.&Ss.36 Dec. SS.oS2
Net oper. tncome... &,2ls.4oS Inc. ia9,598
Long Island
December gross. .$I,934.s s35 Inc. $3o2.777
Deficit after tax. e25,28s Inc. 1853, 1858
Net operating deficit s3s.Soa Inc. 1883
is months gross. .2s,ss3.74a Inc. i,4ss.775
Deficit after tax.-. 604.371 Inc. 5,3S0,904
Net opes&saap asscit ass,s55 Inc. s.sas.ss4
New-York tribune., 1921-02-05
Commercial Credit

Liquidation of commercial loans is
gradually being completed as business
condltlons improve, according to local
bankers. Some of the loans on which
extensions were granted because of the
difficulty of moving goods late last fall
have been paid UP and others have been
considerably reduced.
Commercial paper rates were un-
changed yesterday at 7% per cent for
the bulk of prime notes, with few ex-
ceptionally good names and short MT
TURTLES passing at 74a per cent.
Rates for bankers acceptances also
were unchanged. Those quoted by the
American Acceptance Council were:
Non-m en-
Member banks. Der bankss
Buy. Sell. Buy. Sell
Thirty days -. 6 81 81 s
Ninety days -. 6h 6hs e1s
Call loans against acceptances, 6 per
cent.
New-York tribune., 1921-02-05
$4,000 Chi Ry 1st Is. So
Detroit

100 Columbia sug. Is. 11M 1913 1913
1900 Cont Motors. 6ts 81 65s 81
65 Det Edison. e6la 96i5 a6h 96ja
20o Ford of Can.241 241 235 239
1880 Lincoln Motor 1871 1874 1S% 1854
2725 Mich Sugar. ri 7H 65 u
1900 Noble Oil ..1.25 125 125 1875
626 Packard Mot. 1O% 1o2s 1oas 10s
$50 do pf ...... 691a 70 69is 20
ESQ Paige .... 17% l7ai 17H 17A
rs Parke Davis SO SO 80 50
975 REQ Motor. 2f1s PIG 81 ola
New-York tribune., 1921-02-05
Markets i'm Other Cities
Chicago
Wheat

Sales. Open. High. Low Last.
ssS 1ssS New 'sS Eng Ems II Fl IS IS s4 s 81 H.
New-York tribune., 1921-02-05
New York stata Bonds
Issued in coupon and regtstered form
not interchangeable. Coupon bonds regis-
Federal and Joint Stock Land Bank

Tederal Farm Loan Bs
1e33-1e23 .......... e4M 90 535
Federal Farm Loan 4Mp
:. isss-,s2s .s......... ssa ssa Sss
Federal Farm Loan AMs
1888. 1898 ...:......,.. - ssa sex sac
Federal Farm Loan AMs
1937-1922 ....... sg& ssH S41
Joint Stock Land Bank S.
1s3s-192x .... s4ta 56A SEA
Joint Stock Land Bank S.
1938-1925 ..... 81 sSA 627
New-York tribune., 1921-02-05

in of
a a only.
The Devils Lake world., 1921-12-14

Of our country compels them to submit
to arbitration in the courts.
If nations have disputes, compel
them to submit to arbitration. The
League Of Nations, Of the World, or
a World Supreme Tribunal. II, the
formation Of such tribunal, let each
nation appoint one member, with the
same authority as our Supreme Court.
When any dispute arises between ma
tions, let them submit their case to
the International Court, and allow
each nation to submit all the facts,
and let the peace tribunal decide the
case the same as our own courts do,
and let nations submit to the decisions
the same as individuals do in our own
courts.
This can never in our judgment be
accomplished by a treaty of three or
four nations and leaving OUT the rest
of the world, as some favor in the dis
armament conference being held.
w. A. Fulkerson.
The Devils Lake world., 1921-12-14
!5Sl ~, = -
poor JUDGMENT" SAYS. -
BREKKEN,s PEKIN EDITOR

Some creditors are using exceeding
ly poor judgment in forcing their col
lections.S We do not criticize any man
for wanting his money in these tines,
but when creditor who has been, in
genious enough to secure crop mort
gage on a poor man, will force pay
ment on this indebtedness when this
means the only thing the man mas to
support himself and his family until
the next crop, we believe that this in
dividual does not live up to the teach
ings Of the holy book, nor does he do
to others as he would have others do
to him. and we feel that instead of
being considered a Smart" business
man, this individual should be brought
out into broad daylight for what he
really is. In these abnormal times
it is up to everyone to help his neigh
Dor as well az himself in order that
we may be able to live through the
present and get chance at the time:
that are coming -Pekin Budget.
The Devils Lake world., 1921-12-14
TO THE WOMEN's NONPARTISAN
LEAGUE CLUBS

At meeting Of the State Board Of
Women's Nonpartisan League clubs
held in Fargo in July, a resolution
was passed endorsing the work of the
State tuberculosis association and
promising to aid in carrying on its
activities.
The money used for the tuberculosis
work in the State is raised by selling
the tuberculosis Christmas Seals at a
penny each. One-half of the proceeds
goes for Health Work in communities
where the seals are solu; the other
half goes to the State Headquarters in
Bismarck to be used for:
l. The Open Air School at Dunseith
Sanitarium,
2. The Travelling Clinic,
8. Public Health Nursing Service
and Health Surveys,
q. Lectures, Demonstrations, Ex-
hibits and Educational Work at Fairs,
Meetings, ETC., etc.
5. The Pennant (5OOO copies per
month";,
6. Free Literature on Health Sub
jects,
z. Modern Health Crusaders.
In fact every penny is used to pro-
mote good health in our State. North
Dakota's population is 645,730. A con
servative estimate would give our
State over 1000 cases of tuberculosis.
Two hundred eighty-fve soldiers from
North Dakota were returned from the
camps as being tubercular. AS many
more were rejected by the local boards
for the same cause.
The State Sanitarium at Dunseith
has a maximum capacity of one hun
dred sixty patients, which is not near
ly enough.
The Devils Lake world., 1921-12-14
JUDGE CHAS. A. POLLOCK
WRITES FROM GERMANY

Judge Pollock, Of Fargo, who went
to London to attend the Ecumenical
Conference of the NJ. E. Church held
thsresearly in September, has written
q very interesting letter about his trip
to the Fargo Forum:
S He says that Germany at this time,
has the appearance of being bankrupt
and the people are distressingly poor
and fear for the: future, are the state-
lnents Of Judge Charles A. Pollock Of
Fargo, in a letter to The Forum. Judge
Pollock was in Frankfort when he
wrote. s. ..s
The stores all look as do ours
when bankrupt sale is on. The sad
thing about it all is, that the moment
the present stocks are sold out, bus
mess will, in large degree, have to
stop, since they must buy raw prod
ucts from foreign countries and nav
in gold.
"The market for the German mark
is constantly changing" the judge
continued.
A 500 bill was exchanged by him
the second day he was in the country
and he says "a careful banker gave
him $3.50 marks. The exchange has
been as high as 3l2 marks for the
American dollar and only few weeks
ago the dollar was worth 244 marks.
Judge Pollock left Fargo in Au-
gust. Since the conference, he. has
been in Norway, Sweden, Denmark,
Scotland, France, different parts of
England and is now touring Germany,
lecturing lon prohibition.
The Devils Lake world., 1921-12-14
A LITTLE TALK WITH READrps
AND FRIENDS

Beginning with this issue and continuing unt;,
other arrangements may be made, ThesDeyiIs
Lake World will be published under the a,
torlal and business management Of the under.
signed. -. =
In assuming this duty it is with the under.
standing that it may be only temporary exne.
dient, as the plant and business is being offerad
for sale by the board Of directors and NAV -
sdlsposed Of ct the annual meeting Of stockhola.
ers.to be held January 3rd. --,.'.>,se.7 80
Szs viii thus be seen that my tenure !. Ia
The Devils Lake world., 1921-12-14
War And Disarmament

Editor "The World, "-
The, question of war and the feasibil-
ity of disarmament is and has been
the paramount issue since the recent
world war and the meeting now being
held in our capital city.
Most writers count the horrors Of
war and the blessings Of disarmament
in dollars and cents.
There is grander and nobler rea-
son why war should be abolished and
disarmament made the true principle
for all Christian nations.
There is Divine Law that is SUI
preme over. and superior to the law
made by man, and any law made BY
man that is not = accordance with
the teachings Of Divine Law is wrong
and should be abolished. .s3s 81
When Christ came upon earth to tell
US Of His second coming, be taught
the. Divine, Law of peace on earth,
good will to man, and yet We find so
called Christian nations ignoring the
teachings Of Divine LaWs 81 fostering
|ill-NiA and w1ging yars son 5tkeirneigh-
boF s,.S.s sl
What IS true of M ions u trus 81
individuals, and vice verSa
II it is akainst TIE teachings 81
Divine Law for individuals Is In one
another over any dliis1p1Itte thy may
khaye. it is also against Tie tsaehiaka 4
Of Divine Law for nations to kill the
The Devils Lake world., 1921-12-14

Politicians are constituencies, statesmen are
resourceless, lawgivers are careless, reformers
are hopeless, producers are penniless, morality
is rudderless and chaos is boundless- be-
cause the world is Goddess. But relief is now
on the way, because Humanity is trying to
deserve it. The Great Avenger has way of
dealing with recalcitrant world that looks
dark and devilish peculiar" to the shallow and
profane to the humble and reverent it takes
on the hue of justice, profound and inscrutable
The Devils Lake world., 1921-12-14
sTRAWPnEH HARBORs TENTH OF
CROP:

Fargo, N. D.. Dec. 14.--Ten percent
of the North Dakota wheat crop an
nually is blown into the straw pile and
lost, in most inefficient attempt To
clean out the foul seed which, IN spite
Of this attempt at cleaning, makes up
another ten per cent Of the weight of
the wheat when sold, Dr.. John Lee
Coulter, president Of the Agricultural
college, told the state extension work
iers at the subject matter school at the
college this month. VI.
6 This enifficient cleaning-or really
lack Of cleaning loses the North Da-
rkota farmers more money annually
than any other one phase Of the mark
etlng problem, not exclusively even the
high, freight rates, Dir. Coulter said.
To get the money for his CROP. the
farmer must standardise it, or Grade
It into classes Of one size, kind and
soundness. II is easy for the farmer
TO do this, he said. The market al-
ways penalties the product that con-
talns different sizes and kinds, and
gives q premium for standard products
Cleaning grain, or standardizine,
any other farm product, on the farm
itself insttead of at the terminal n,aIF-
|:et not only increases tie possible
market .ul = yalne Il e & the product bnt ssvss
n fretght { handling md selling costs
on the detective part 81 tIe product %.
and IN the case Of wheat. az fhe vaa1
The Devils Lake world., 1921-12-14
WINTER SPORTS

A start Which may eventually lead to real
winter sports in Devils Lake is in progress.
Motor car racing, ice boating, etc.,. etc., are
planned to begin at City park (Chautuaqua)
Sunday and continue thruout the winter. Devils
Lake ought to be the center of pastirnes in the
Northwest during the winter months.
The Devils Lake world., 1921-12-14
FAREWELL
"By the strength of our enemies are we

Known.
Perchance some may take these lines for
bitterness, we hope not, as the writer pens his
last editorial in The World-perchance some
will say kindly words and some may not We
thank those who do the first and forgive those
who do not. The writer has regrets for his
connection with the farmer-labor paper nor for
his part in politics. He has done-always-as
he was dictated to or conditions seemed to die
tate as common worker.
To those who have stood stolidly by The
World under the writer's administration the
retiring editor has this to say: He has appre-
ciated every help, every effort and every SYM
pathy. 1t has been his keenest desire to see a
farmer-labor program succeed in North Dakota
and to see organized labor and organized farm
ers of Ramsey county maintain standard Of
power-and the respect of every merchant and
power in the community His efforts have some
what failed, yet perhaps it has not all been in
vain. Perchance some day they will, the
workers as a body, awake and claim their own
the sustenance on which all of North Dakota
lves-work These factors represent American
ism in its most powerful form and in its most
earnest and conscientious sincerity Shall it
die: | ask you, as farmer supporters (of The
World) lay down their tool of power and offer
their principle medium of The World for sale
to the highest bidder, whether it is policy-but
it is your fault you who have failed to aid your
own newspaper by your trade with it's adver-
tlsers, you who have failed to boost your own
organization by your attention-and Votes?
MEN OF ORGANIZED LABOR: Buckle
down, stick for your principles, trade on union
principles, trade where you buy Union made
goods and where your trade is wanted and
1xbo
and not for your dollar alone: and stick! stick!
stick
FARMERS Wake up, YOU lost YOUR last
polltlcal tight because you didn't stick to your
principles laid down in convention and by bal
lot. You deserve to lose for that but your
families don't share only so far as the battle
goes against or for you. Perhaps the change
in administration of state affairs will work ont
Wen ana good-doubtful, but let's hope So
However. let us urge in parting words that Won
"elgn each act OF state OF nation and your own
carefully. Remember always love for home.
family and regard for posterity first; then act
on principle.
"rl1e those lines because we firmly believe we
maven many among laymen, the clergy or
profession, we say: Have we made a mistake
-oisl'e' we uo-1oiget II you can, we II try to :?
we nave said our say, many times. Our hearts
rlte' and today we love the whole world, the
whole community of Devils Lake and North
Dakota for the honesty Of its peoples beliefs
ana the personnel of those we have had the
pleasure to come in contact with.
we BID adieu, and wish we could say to
trends all.; we'll leave with the kindliest of
1eelngs and just one keen long wish that ere
another meeting, factional strife will be Ger
tne love OF God stronger and the spirit of Christ
relgmng thruout the greatest state in the
Northwest FRED G A11crI>,
LITTLE TALK WITH READERS
AND ERIENnS
The Devils Lake world., 1921-12-14
OUR
CONTRIBUTORS
COLUMN
EyerybOdv's Omen Forum

EverybOdy's Open Forum.
Contributions to this column are
welcome. All letters must be sign
ed, but contributors names will
not be published unless desired.
Letters touching on community in
terest and corporations especially
such as have news value, are es-
pecially invited.