davidaulloa/AmericanStories huggingface dataset:
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1921-12-15
zaar here Friday night and visited at

zaar here Friday night and. visited at
r. j. Benson home.
Mr.. and Mrs. H. r. Carter of
Jonesdale, spent Saturday night and
Sunday at the Earl James home.
Mrs. Thomas Griffith of Mineral
Point, spent few days recently at
the M. J. Laverty home.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1921-12-15
Hippopotamus Ivory.

Ivory obtained from the teeth Of
the hippOpotamus was in much de-
mand a century ago for making arti-
fetal teeth
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1921-12-15
Platteville's Tax Rate.

The Witness: City taxes this year
are $2.48. Last year the tax rate
was $2.75.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1921-12-15
MAIL EARLY AND OFTEN.

II u -
The Christmastide is drawing near,
When parcel post looms high,
The clerks and postmen plead with
you;
| MAIL EARLY" is their cry.
Of course you want your friends to
get $
Their gifts by Christmas day,
And Uncle Sam will back you up
If you mail them right away.
But il you~keep waiting
Until the last few days.,
There'll be congestion in the mails
And terrible delays.
Just think how disappointed
The Riddles all would be,
If your presents came too late
To hang on the Christmas tree.
Your gifts need not be opened
If paster you will use;
Don't open until Christmas
Is a seal that you should choose.
l wonder if you realize
The hardships of the clerks,
If you neglect to mail THIS WEEK,
And thus your duty shirk.
And picture the poor postmen
-
For altho tits Merry Christmas"
They must all work just the same.
So remember, friends, MAIL EARLY
If you'd spread the Christmas
cheer,
NAIL EARLY, and MAIL OFTEN
And delays you need not fear.
Evening star., 1921-05-16
$1.75 All-WOOl Storm Serge
;: ;* S.r; '::s;; s,.: ~:':- .. 98C

It's almost unbelievable that dependable grade al-woo
scrges could be offered at Sc yardyet here they are in
tomorrows Challenge Sale! Close woven heavy double
twill quality all ready sponged and shrunk in navy blue
Remember the Nidtl--full 54 inches.
Evening star., 1921-05-16

Famous Hodges "rherokee
Fiber Rugs-the standard OF
quality; in reversible woven de-
signs. including oriental. medal
lion and neat figured effects and
color combinations to suit any
room. s112-ft. and s.3xln.s-ft-
sizes Selling regularly at sls.i5.
Challenge Sale price, $1c.0S.
Evening star., 1921-05-16
$3.50 All=Wool Sport
PIaids, 81 In. Wide, S1.89

o4-inch All-wool Sport Plaids,
in rich color combinati tionS 50
popular this season for sport
skirts. Correct weight and beau
tiful quality. Challen-e Sale
price, $l.S9 a yard.
The Washington times., 1921-12-04

nut out the body. legs and tail Of Maud
u and figure OF ST. Mount each on heavy
cardboard. pin and punch where indicated and
assemble according to lower diagram.
Now open the dining room table. slip the
tabs into the crack between the leaves. then
close and lock the table so il holds the figures
firmly. Now attach string and pull as in
upper diagram. See If you can make Maud
kick 81 over.
The Washington herald., 1921-03-14
Retail Dry Goods Trade.

win the general offerings Of new
spring merchandise. some quicken
Ing of retail dry goods distribution
Is noted. While wage reductions
and other factors affect the public
purchasing power. the lower prices
now current are a partial offset, and
consuming demand in some of the
larger centers is more active than
recently. Greater discrimination in
buying, however. is evident In about
all quarters. and conservatism con-
tinucs pronounced in primary! cotton
goods channels. Following some
gain in output earlier in the year,
cotton mills operations are again
receding, and the unsettlement in
raw material prices Is still a draw
back to the revival in business. The
woolen industry, on the other hand,
is expanding production. and lines
OF staple serges opened i'm dress
houses have been ordered freely by
the cutting trades. In many cases.
the new prices show reductions of
from Is to so per cent. .rs
The Washington herald., 1921-03-14

would be about equal to per
cent additional tax on net earn'ngs.
Ferdney Is Opposed
Chairman Fordney. of the House
Ways and Means Committee, has
been inclined to oppose the tax on
undistributed earnings. favoring in
stead an increased fat tax m cor
poration earnings. Mr.. Fordhey
takes the position that the tax on
undistributcd earnings would re-
tard necessary additions by cor
poratiors to their working capital.
As an example of this Mr. FDrd-
ney poir &c a letter from a ccr-
poration head la which, Il is state q
that, h:s corporation had been in
debt for numbe of years lat that
IL made siHv,n1J last year w1irc IL
used ~ ray rs debts. II taxeI %
per cent IN the. amount. the cDr-
poratio7 would lave been unable &c
do this To meH. a situation of this
sort, DIR. A.,a MS has suggested that
IL woulE be 3rOI."r to aClh"-IZe
corporations to declare a script div-
fdend to their stockholders. thus
making the stockholders subject to
a surtax. relieving the corporations
in such cases. The corporation
would have to pay the additional
tax imposed upon the share not dis
tributed to the stockholder. The
script dividend would be in effect
an interest bearing note,
The Washington herald., 1921-03-14
Lower Commodity Prices.

For forty-four successive weeks,
a comprehensive list of wholesale
commodity quotations has disclosed
an excess OF recessions. and Dun's
bdex Number, which is based on
the estimated per capita .consump-
tion Of each of the many articles
embraced by the record, again re-
nects the price defation. The March
4 compilation, however, shows a de-
cline Of only 81 per cent, which
comparesswith one of 60 per cent a
month previous. and markS the
smallest change noted for some time
past. Yet five of the seven groups
into which the index number is
separated yielded more or less last
month. and a sharper readjustnient
was only prevented by some re-
coyery In the breadstuffs and meat
classes. With wheat and some Of
the other cereals entering largely
Into consumption. the price ad-
vances in those commodities AFFECT
ed the index number considerably.
and served to Offset the downward
tFend elsewhere. As a whole. the
index number Is now practically 81
per cent below the high Jevsl-of last
May, but Is still 50 per cent above
the pre-war basis.
The Washington herald., 1921-03-14
Foreign Trsde and
Relations in Hungary

ESPECIAL Correspondence 70 The Herald.)
BUDAPEST, March accord
ing to reports. the city of Mariana
rossziget. formerly belonging to
Hungary. but now under Rumanian
occupation. has been evacuated by
the Rumanians and taken over by
the czechs. This city is the capital
OF a small group of counties called
Russka Kraina and chiefly inhab-
tied by Ruthenians.
Hungary has been Informed by
the interallied commission at Paris
that the settlement of the West
Hungary dispute has been left TO
Hungary and Austria and will not
be decided by the entente.
Representatives of Hungary Aus
tria, Jugo-Slavia and Italy viii
meet in the near future in Vienna TO
settle the question of information
alizing the Southern Railway Com
pany of former Hungary.
A special Hungarian commission
has been appointed to endeavor to
have the international aviation fed
GRAFTON select Budapest as a landing
place. Unfortunately the excellent
aviation grounds in the vicinity of
Budapest were destroyed by the Ru-
manians during their occupation.
The Washington herald., 1921-03-14
SIR DRUMMOND FRASER MADE
ORGANIZER OF CREDIT PLAN
Manchester Bank Head to Work Out Idea
Suggested by M. ter Meulen ~

pi.batches. from London announce
that Sir Drummond Fraser. manag-
ing difector OF the Manchester and
District Bank. has been
desie nEftd as organizer Of scheme
for International. credits under he
nroyIsfonai economic and financial
COMMITTEES; ef the league OF nations.
The bci, eme, which has been appros.
ed by the League of nations, ls an
adaptation of a plan proposed 'oy
M. ter Meulen at the Brussels npan-
cial conference last October. This
scheme is designed to anord an op-
portunity to the exporters OF one
country to sell to the importers of
another without in any way con-
fiicting with plans which might DE
adopted for the issue of interna-
tional government loans. Further
more, no attempt to stabilize ex-
change is involved in this plan
In approving the modification OF
the Ter Meulen scheme the council
Of the league has made IL clear that
by settink up the international COM
mission REQUIRED for the operation
of the plan II in no way com-hits
itself to financiai or administrative
guarantees and assumes no liability
whatever in respect to any losses
which may incur. Moreover, in view
of the fact that there Is no assur-
ance that the scheme will be widely
used by borrowers or lenders, the
council has deemed IL inadvisable
to set up the extensive and expen-
sive organizations required by the
The Washington herald., 1921-03-14

:
responsible for price. declines has
been proved fallacy. Were short
sellers to offer grain below its true
value, world buyers would squickIy
accept the bargain. When the short
SELLERS came to buy in the grain
and 1t must be remembered that
every bushel shold short must lat
er be bought in-they would find
that prices were back to the value
based on world supply and demand.
There was no short selling in
wool or tobacco. Yet the bottom
dropped out. Producers were help
less They had no market in which
to dispose of their goods. Owners
or grain. however. could sell at any
time. They had a futures market.
1t is gratifying to see that thous-
ands OF farmers and farmers organ
izations are beginning to recognize
the economic value of the ex-
changes. No other foodstuff, is hand
led with SO small a margin between
producer and consumer"
The Washington herald., 1921-03-14
BANK CLEARINGS.

The declining tendency in bank
clearings that has been evident for
some time past, was more marked
last week. a total of s5.s16,020,22O at
twenty cities in the United States,
as reported to Dun's Review, repre-
senting a loss of 23.1 per cent from
the 4,312.17s of the same week
last year. A slight decrease, more
over, appears in comparison with
the figures of the corresponding
week of 1919 While Louisville, Min
reapolis and Los Angeles report
larger clearings than in the CORES
ponding week of last year, the ag-
gregate for all points outside New
York City. s2.364.o7o,34s. Is 2:.s per
cent less than the $3,053.7S2,50S of
1890. The largest reductions are at
Omaha, Kansas City. Seattle, De-
troit, Atlanta and New Orleans. At
New York City, where operations
In the speculative markets continue
restricted. this weeks clearings of
s3,451.s4s.s71 are Gas per cent
smaller than the s4.s10,52s.s71 of
the same week last year.
Average daily bank clearings for
the year to date. and for the three
Immediately preceding months, are
compared herewith for three years:
The Washington herald., 1921-03-14
COMPLETED CHANGE
IN STOCK MARKET
TONE ArLONDON
A Wave of Cheerfulness
Sweeps Over Industrial
Section.in Week.
TREASURY RATE CUT
Reduction in Bank Charge Is
Foreshadowed by Official
Announcement. =

LONDON, March l3.-There was n
remarkable and complete change OF
tone in the stock markets during
the past week.
After a comparatively dull open
ing. wave Of cheerfulness swept
through the industrial section. bss-
ed on the belief that the terms inn
posed on Germany would hinder
German competition in the home
market. -.
In addition, the allies firm atti-
tude created good feeling both here
and in France. French people sent
over buying orders for oil shares
GIlt-Edge Issues F'irn-
The gilt-edge section was eT-
tremely hrm, notwithstanding the
impending competition from the
new corporation and other issues.
Home rails actually came into
prominence on a steadily rising
market. The stock was in a shorC
supply and sellers were few
There was a sensation Friday
caused by the announceme by the
chancellor Of the excheqUer In. the
house of commons on the previous
evening tina the treasury bill rate
NOulo DC reouctu ny = peT GENT
Seen as Bull Point.
This naturally was read as a bull
point for all bearing
securities and also on speculative
accounts. foreshadowing. as IL docs.
eventually, a reduction in the bank
rate.
The war loan jumped. and ole
went ahead. Mines frmed W. and
industrials were still stronger.
The exchange closed the week
with a feeling Of optimism that has
not prevailed for many long veeks-
The Washington herald., 1921-03-14

II has frequently been pointed
out that the export trade Of the
United States has Increased very
greatly in manufactured, products.
In 1890 the value of all manufac-
tured products constituted SO per
cent of our total exports compared
to IS per cent in 1919 and II per
cent in 1914. All kinds of manu-
factured products have played a
part in this big increase. Com
pared with 1918 iron and steel man
ufactures increased about $90,00o.-
600, rubber manufactures some
$50. GEO. 900. automobiles sl3S.000.000
and chemicals about 35.000.o00.
: One of the most important in
creases in manufactured products
has been that in textiles, particu-
larly cotton goods In 1913 the
value of our exports of manufac-
tured cotton was less than $1,000
900. In 1920 it amounted to s402.-
100000. The latter figure repre-
sents an increase of s131, 200. 900
over the preceding year. To a
very large extent this increase has
been due to the rise in price. There
are only a few important eommodi-
ties on which the Department of
Commerce publishes quantity fg-
ures. The most important. of these
ara the exports of cotton cloth. Ex-
ports of cloth in 1913 amounted to
f45,ooo,ooo yards, while In 1920 the
quantity was nearly $4,000. .0Oo
yards, or an increase of 81 per cent.
In value exports of cotton cloth in
creased from sal 100000 in 1913 TO
Sz3s.o00,Ooo in 1890. This is an in
crease Of SIT per cent. In 1913 the
The Washington herald., 1921-03-14

plan. 1t has. therefore. been deter
mined that the financial section of
the provisional economic and hnan-
cial committee should secure the
services OF a competent business
man to act as organizer of Inter
national credits. Sir Drummond
Fraser. who has been appointed or
ganizer. Is directed to make a sur
vey Of the borrowing countries and
draft such a plan of organization as
conditions warrant.
Under the proposed scheme tine
international commission is to be
composed Of bankers and business
men of International repute. rhe
governments which desire to par
ticipate in this scheme shall notify
the commission what SPECIFIC assets
they; are prepared to assign as Sc
curity for commercial credits. The
commission il then to examine these
assets and determine their gold
value and will authorize an issue
of bonds up to that value. Tae
bonds are to be issued by the re-
spective governments, but each one
must be registered and countersign-
ed by the commission.
These bonds are to be used as
cOiidterdl ellner Dy tne seuluB gov
ernment or its nationals TO finance
the imports of raw material and
primary necessities and for the re-
establishment of production Tor ex-
port. These bonds may not be used
as collateral for the import of other
commodities. The international
committee is to draw up a schedule
of approved imports for each coun-
try.
The details OF each transaction
under this scheme must be register
ed with the commission, which VIII
satisfy itself regarding the charac-
ter of the goods to be imported and
the terms Of the credit Provision
is made for the sale OF the bonds
IL the importer does not fulhl his
contract When the contract has
been fulfilled the bonds, with un-
used coupons, are to be returned 20
the issuing government and can
celled. Cancelled bonds may, with
the commissions approval, be re-
placed with others.
The Washington herald., 1921-03-14
Recent Attacks on Grain Exchanges
Materially Aid Education of Farmers
In Present Market Functioninp

. CHICAGO. March 13.-Education
of the American. farmer in the true
functions of the present grain mar
ketrng system, according to L. L.
Winters. a director of the Chicago
Board of Trade, has been greatly
aided by attacks on the grain ex-
changes. Il,
THE criticism has afforded oppor-
tunity to study all phases of the
subject" he said. while in the
past 1t has been a one-sided argu-
ment. Ambitious organizers used
to attack the exchanges without in
reference. Since Congress has been
considering various marketing bills,
producers have had opportunity to
ponder both sides of the question
and to recognize the vast economic
functions of the exchanges
There has been much talk
against short selling. Farmers gen.
orally realize now that they can no,
have hedging facilities without a
futures market. You can not have a
futures market without organized
speculation. and you can not have
this necessary speculation without
short selling.
"The claim that the short seller is
The Washington herald., 1921-03-14

45, ,o0o, 900 yards compared to 1,5Oo.-
600 In 1874. while Colombia took
100000 yards last year. Chile
some '16. .000, 900 yards and Brazil an
other 100000. Australia has also
been purchasing larger quantities
of American cottons. Our exports
to that country last year amounted
to I2,o00.00 yards. compared to
Z 100000 in 1914. Canada has in
creased her purchases from 26.00o.-
900 yards in 1914 to 100000 in
1920.
Other textiles have also shown
enormous increases since 1914 Man
ufactured woolens amounted to
s44.571 900 last year compared with
$4.4s3.ooo in the last year before
the war.
One Of the chief surprises In our
foreign trade is the large increase
In the exports of unmanufactured
wool. In 1918 we exported only
1900 pounds Of raw wool. During
the early years of the war there
was a large increase in our wool
exports. chiefly, to England and
Germany. In 1915 total exports
amounted to more than 10000
pounds. After our entrance into
the war exports Of this commodity
again dropped. sreaching a total of
100000 pounds in 1918. During the
last year there has been another
large increase in exports of wool
totalling for the calendar year .,
oss.ooo pounds.
The following table gives a COM
parison of the exports of cotton and
wool for the last two calendar
Years and for, the fiscal year OF
1913:
The Washington herald., 1921-03-14
Wilson and Company
, Report Deficit

The annual report Of the earn
inEs of Wilson 4 Company, Inc.,
and Its subsidiary companies, for
the year ended December n,
1920, which has just been made
public, shows . dencit of $780,
S50.34. The conditions, accord
ing to Thomas 4. Wilson, presi-
sdent of the corporation, prevail
ing during the year just past,
created by the process of post
war adjustments, are reelected I'm
the financial statements Of most
companies In the packing and
other Industries. and his concern
In 10 exception.
The profit and loss account for
the year shows profits from op-
erations and dividends received
Of u ,4S6. .3s1 81, and interest on
bonds Of s3,427 BLISS.
The Washington herald., 1921-03-14
FOREIGN SHIPMENTS OF TEXTILE INDUSTRY
NDICATEMATERIAL INCREASE FOR 1920
Cotton IS Per Cent $50 Per Cent
Value Since Prewar Period. se41
By rhe wasAI.stes Her.ls. Eee.e.i.t.l

Tne Wonnimxt0n herai0n EconOmti
average price Of cotton cloth ,ex-
ported was about cents per yard,
while in 1890 It was 20 centss Ex-
ports of cotton yarn in 1920 amount
ed to 24.09s.000 pounds, compared
to 20.6ss.o00 pounds In 1919. Exports
of cotton hosiery in 1920 totaled
11.576.000 dozen pairs. compared, to
s,477.oe0 dozen in the preceding
year.
IT is impossible to obtain a guam
titative summary OF cotton goods
exported in the different years.
However. the value of all cotton
manufactures exported last year
showed an increase Of GAS per cent
compared with 1918. In all prob
ability this represents an increase
of at least rs per cent in actual
quantity of goods exported.
At the same time that an in
crease in the exports of manufac-
tured cotton has taken place, ex-
ports of raw cotton have declined.
In 1918 we exported s,713,000 bales
of raw cotton, while in 1890 exports
amounted to only 6.15s.0oo bales, a
decrease of almost 30 per cent. The
while our exports of raw cotton
have been declining, we have been
consuming much greater quantities
of this cotton In our own factories
and have been exporting the nm
ished product.
To a very large extent our in
crease in textile exports has been
with South America. In 1890 we
exported to South American coun-
tries 425.ooo.oo0 yards of cotton
cloth, compared to 50, ,000, 900 yards
in 1914. Argentina purchased about
EXPORTS OF COTTON AND WOOL.
The Washington herald., 1921-03-14
international Harvester Go

International Harvester Com
pany's annual report covering 1879
operations will not equal the show
ing made in 1919. according 60 q
statement in the Wall Street Jour-
nal. Net earnings in 1919 amounted
to t2o.oll,76o, equal to slo.s1 a
share after charge-on for war
losses and preferred dividend re-
quirements. The report is not ex-
pected until May. but according 20
officials no accurate estimate OF
earnings is possible at this time. as
final figures have not yet been re-
csived from the different branches
The Washington herald., 1921-03-14
ALASKA GOLD FIELDS.

A recent report from the United
States Geological Survey states that
the famous Nome placer gold fields
discovered in 1898 have now pro-
duced gold worth nearly sso.ooo.ooo.
Much of the gold mined in this re-
gion is won by the use Of dredges.
Twenty-Five of these machines wer>
in operation in 1913 and made a
total gold output of siso.oOo. and
open-cut and deep mining in that
year brought the value Of the total
gold output Of Nome and other
districts of the Seward Peninsula
up to si.360.000. In addition to the
gold, about ffty-six tons Of placer
tin and twenty ounces Of platinum
were produced on Seward Peninsula
in 1919.
The Washington herald., 1921-03-14
Gasoline Production
And C0nsunption

Refineries Of the country produced
4s4,ooo.ooo gallons of gasoline In.
December. a daily average Of a.
sso,431 gallons. DecembeTs output
averaged 100000 gallons daily less
than November, but was about A.
100000 gallons larger daily, on the
average, than output for December,
Bureau of Mines states that stocks
of gasoline at refineries at the close
Ions, a gain of los, 0O0, 900 gallons.
about 30 per cent, over stocks at
the end of November. Compared
with December. 1919, gasoline stocks
at the close of 1920 were $4,000. 900
gallons greater.