davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-10-10
A Bond Market Test.

There is no plumbing the depth
or measuring the height Of the
American investment market except
through the actual experience gained
from the placing of foreign capital
issues here. We may have gold re-
serves of mone than hundred cents
to the dollar, we may have cash in
vault accumulated far beyond the
customary figure, and we may even
see domestic bond issues snapped up
ut interest rates just high enough
but not too high to be called con-
servative. But this may mean moth
ing more than the shifting of capital
from one pocket to another, with
customary shifts in the locality OF
surplus cash and variations in the
appetite for new issues. but with
nothing to test the real mettle Of
the investor.
Two foreign loans have been Is
sued on this market in the last few
days. The city Of Rio de Janeiro,
Brazil, floated loan for $12,000,00
in twenty-five year per cent. sink
ing fund gold bonds. The price was
97% and interest, to yield more than
S.2 per cent. The State of Queens
land, Australia, sold $4,000, 900 twen-
ty year per cent. sinking fund gold
bonds at 80 and interest, to Yield
IL per cent.
1t has been common in the last
two years for bankers to offer gov
ernment secured foreign loans in this
market. In most cases the responses
have been good. These latest two is
sues are not obligations of national
governments, but only Of the borrow
ing communities. The revenues to
repay the loans will be provided out
of the receipts of the political sub.
divisions concerned and not out OF
the national treasures.
Such limiting conditions. would in
many cases in the past have made
it impossible to sell foreign bonds
here. Some borrowers have been
obliged to pledge not only the word
Of their national governments but
also the revenue from specific ma
tional taxes and monopolies before
they could gain service at our money
counter.
The quick sale OF the Rio de Ja'
neiro and the Queensland bond is
sues in this market is a tribute to
the political and financial stability
of the borrowers as well as another
indication that American investors
are gaining confidence in their own
ability to appraise other than native
values right under their noses.
The New York herald., 1921-10-10
The Campaigners.

Miss Arabella Fixit wished to be the
mayoress,
She sturnped the town and every day
she wore a different dress.
Her campaign was conducted In a man.
ner most refined;
or Mike McCann, her opponent, she
spoke no word unkind.
She stated that no doubt he did his very
best and SO
We should not. blame the luckless man
for what he didn't know,
And pledged herself when she got in ia
make the city cops
All learn 10 dance the newest steps in
toddies. trots and hops.
Now Mike he was husky chap who
called spade spade,
Miss Arabella he declared was nothing
but a Jade.
A cackling hen, meddIing MINK; while
thus he howied her down
lie promised Fat and easy jobs TO every
man IN town.
He rioiculed the nut who first was foo
enough to name
A skirt for Office and remarked he'd like
to meet the same
In any quiet spot where they would have
a. chance TO mix 1t.
Who got elected? Why. OF course. Mis-:
Arabeila Fixit!
MrNNA IRuNo.
The New York herald., 1921-10-10
Special Cable to TIE Now yoBK IIzaALp.
COPYRIGHT, 1891. by THE FEw YORK HERALD
New York Herald Bureau,
vamdon (1ct- n.

| Special cubIe to TIE Npw YORK HERALD.
COPYRIGHT, 1891. by THE EEw YORK HERALD.
New York Herald BSSrsaS,
Mr.. and Mrs. Cornelius Vanderbilt
and party have arrived in London from
Paris after a months yachting tour
through French canals and rivers.
Every big hotel In London is now
running supper and dances and society
is indulging in restaurant gaiety more
than ever before. The Claridge opened
Its dancing season this week with a
Japanese ball. The cotillon was danced
for the first time in long while in
London and the enthusiasm with which
it was received, indicates that 1t might
become a feature of future parties.
Among the dancers were the Duke and
Duchess d'Alba. the Duchess d'Aliaga,
Marquis and Marchesa de Viana, Lady
Dering Sir John and Lady Wright, Mrs.
Ogden Goelet, Mr.. and Mrs. j. Wood
ward Haven. MFR. and Mrs. M. f. Minger,
Mr.. and Mrs, Charles Welsh. Mrs. r. s.
Gusgenheim. Mr.. and Mrs. Butler
Wright. Ttear Admiral Harry S. Knapp.
Col. o. N. Soibert. Mr., III. +. Grady.
and Commander and Mrs. Lamb.
Mr.. J. d. c.. Rodgers. third secretary
of the American Embassy, has sailed
for America. rs
Among the arrivals at the Carlton
Hotel are Mr.. and Mrs. Benjamin Clay
ton. Sir William p. Rayner. Mr.. and
Mrs. John J. Pulleyn, Judge Campbell.
who later left for Ireland; Messrs.
George Ewing Hogg. Royal w. and
Clement j. France.
At the Savoy Messrs. Edward Anger,
Rex ]. Cole and 4. " Neal. Mr. and
Mrs. w. J. Anderson. Messrs. Arthur W.
Newmas Leo Francis Stapleton, Ernest
G. II. Schenck and Willard w. Taylor,
Mr.. and Mrs. William J. Moore and Mr..
and Mrs. John Dean of New York, Mr..
Charles s. Pilsbury of Minneapolis. Mrs.
Nj. NJ. Rothschild and Miss Mary e.
Dick of Chicago.
Mr.. and Mrs. T. f. Hudgins and Mr.
and Mrs. w. r. Darroch Of New York
are at the Hyde Park Hotel.
The New York herald., 1921-10-10
Dollar a Year Ships.

Bare boat chartering, which means
hiring a vessel to an operator who
must provision 1t, provide crew and
keep the ship in repair. has been
adopted by the Shipping Board as
the best means of disposing its ton
mage on the various trade routes
pending eventual sale of the ships
to private operators. The wasteful
and unsatisfactory method Of farm.
ing the ships out to operators on a
commission basis is thus being
abandoned.
In the present state of our mer.
chant marine the bare boat charter
pure and simple would stand little
chance of success as a means Of in.
ducing operators to take over Ship.
ping Board vessels. Our shipping
laws make the cost of operation too
great for it to be feasible for an
operator TO pay regular charter
rates for an American ship TO be run
In competition with foreign vessels
enjoying lower costs.
Elsewhere we print an article by
Captain BALL1yGER, formerly OF the
Coast Guard, which suggests 2
scheme OF bare boat charter for the
Shipping Board vessels which would
overcome the discrepancy between
the cost of operating American and
foreign ships. In brief, he would
have the board charter its ships al
the fat rate of 81 year ship. the
Government to share in the earnings
instead of receiving a direct charter
fee. Other incidents of the scheme
The New York herald., 1921-10-10
Marvels Of the Desert.

AS biologists treat the matter the
great desert region Of this country
covers 100000 square miles, or
nearly one-sixth Of the area Of the
United States. Writing for laymen
they explain that this vast region
has many natural resources and
there have been developed upon 1t
many human enterprises. Says a
writer in a bulletin prepared by the
Interior Department in cooperation
with the California Department of
Engineering:
at contains prosperous cities, fer
tile agricultural districts, forest
clad mountains. a large aggregate
number OF watering places. many
rich mines, and an unknown wealth
of mineral deposits. But the locali-
ties that have water supplies are
widely separated oases in a vast
expanse Of silent, changeless. unpro-
ductive desert whose most impress
sive feature is It's great distances
and whose chief evidences Of human
occupation are the long, long roads
that lead from one watering place
TO another
This does not accord with the pop
ular mental picture Of desert re-
gion except in part; but we learn
from the bulletin that as geologists
color their maps Of the United States
the desert region forms great tri
angle, whose base, 500 miles long, is
the Mexican border from the PENN.
sular Mountains in southern Califor'
mia to the mouth Of the Pecos River
in Texas. The apex Of this triangle
they locate in north central Oregon,
from which point the Pacific coast
side of the triangle is the Sierra Ne
vada and the Cascade Mountain
ranges. the northeast side line ex
tending from the apex through Salt
Lake City and Santa Fe to the mouth
OF the Pecos.
The desert of the popular conven.
tion, tho bleak plains Of unwatered.
drifting sands--unconsolida sands
as biologists say--the area slowly be.
ing opened to vehicle travel by sign
The New York herald., 1921-10-10
MRS. CARNEGIE TO SAIL
FOR HOME SATURDAY
To Leaue Skibo Castle for Es-
tate II, Berkshirea

Special Despatch to THE NEW XonK HERALD
! LEMON, Mass, Oct 9.-Mrs. Andrew
Carnegie and her son-in-law and daugh'
ter. Mr.. and Mrs. Roswell Miller, who
have passed the summer at Skibo Castle
are to sail from Liverpool for New York
next Saturday. They expect to be In
Lenox the last Of the month. Letters
received by Lenox friends indicate Mr..
Miller has enjoyed fine shooting In the
Scottish highlands.
Mr.. and Mrs. John sneever Cowdin
Of New York have Joined Mr.. and Mrs.
Henry Whites guests at Elm Court.
DIR. and Mrs. Arthur w. Bingham
and DR.. and Mrs. Thomas S. Southworth
of New York are at the Red Lion Inn,
Stockbridge. Others there are Mr.. and
Mrs. Harold Peabody, Mr.. and Mrs.
James Lawrence and Mr.. and Mrs.
Philips Dalton Of Boston.
Mrs. Thomas Reath of Philadelphia Is
the guest of Mrs. d. Percy Morgan at
Bombay Hill. Stockbridge.
Miss Eleanor Leroy and Miss Ellen
u. Hunt, who spent the summer at Cur
tbs Hotel return to New York to-day.
MFR. and Mrs. William L. McKenna of
New York are in Heaton Hall, Stock
bridge. Miss Minnie r. Tilden left
Heaton Hall to-day for New York..
Mrs. Frederick s. Coolidge and Mr.,
and Mrs. Albert Sprague Coolidge are
back in Pittsfield from Boston, where
they were visiting Mrs. David S. Coo
1idge.
Mrs. William Pollock has returned to
Holmesdale in. T'itts1eld from Tuxedo,
where she was a guest Of Mr.. and Mrs.
Marshall r.. Tarnoch.
Mrs. Edward Spencer is visiting Major
and Mrs. Harmon Pumpelly Read al
Read PARK, Lucerne, Adirondacks.
Mr.. and Mrs. Roger Wolcott Girls
wold have closed their villa In Lenox
and returned to Erie, Pa.
Mr. and Mrs. A. Murray Young OF
New York are visiting Miss Adele Knee
land at Fairlawn.
The New York herald., 1921-10-10
Colonel Ingersoll's Fee.
His Biographer Denies He Got 500,
900 for Defending Dorsey.

To THE NEW York HERALD: with
reference to the fee which. according
to one Of your correspondents, Colonel
Ingersoll received in the Star Route
cases, Clinton r. Farrell. his brother
in-law, says in his authorized works:
Colonel Ingersoll has been SO criticised
and maligned for defending Mr.. Dorsey
in the Star Route cases. and so fire.
quently charged with having received an
enormous fee. that think it but simple
Justice to his memory to say that he
received no such fee and that the
ridiculously small sums he did receive
were more than offset by the amount
he had to pay as indorser Of Mr..
Dorsey's paper"
In an interview on October -, 1884,
the following occurred:
@. Have you seen the published report
that Dorsey claims to have paid you
s1oo,o0 for your services In the Star
Route cases?
Colonel fngersoli. have seen the re-
port. but Dorsey never said anything like
that.
O. Is there no truth in the statement.
then?
A. Wen, Dorsey never said anything Of
the kind.
@. Then you do not deny that you rs-
ceived such an enormous fee?
A. All say is that Dorsey did not say
did.
A thousand have inferred from the
Coloners ingeniously evasive answer
that he actually received the 100000 to
one who ever saw the Farrell disclaimer.
Your correspondent who asserts that
Colonel Ingersoll was not logician
should read his reply to Judge Black
william Z. Gladstone and Henry M
Field. or any one Of the legal arguments
in the Dresden volume devoted to them.
1t will interest your readers to know
that Colonel Arthur 70, Clarke, formerly
editor of the Manchester Mirror, whose
defence Of Colonel Ingersoll's Iega
ability recently appeared In your
columns. died suddenly on Saturday.
JOSEPH HoLLrsTER.
PITTsFrELp. Mass. October 8.
The New York herald., 1921-10-10
MISS ELEANOR HAYDEN
WEDSIN PARIS TO-DAY
Mrs. c. "A. Kicks Takes Apart
n,ent in French Capital.

Special Cable to THE NEW YoRx IIEs,Lp.
Copyright. 1891. oy THE New YoEK HERALD.
New York Herald Bureau,
Paris, Oct. ..
The marriage of Miss Eleanor Hayden.
daughter of Mrs Daniel Hayden of
Newport and Providence. r. l., to MIR.
Tracy Barrett Kittredge, son OF Prof.
and Mrs. Kittredge Of Berkeley, Cal,
will take place tomorrow in the Amer
lean Church in the Rue de Berri, the
Rev. Chauncey Goodrich officiating.
Mrs. Charles A. Ricks of New York
has taken an apartment at n Rue Notre
Dame Descamps for the winter with her
niece, Miss Alice Trowbridge of New
York. and Miss Julie Chamberlain OF
Englewood, N. J.
Mr. and Mrs. Howard II. Spaulding of
Chicago have arrived from Biarritz.
but will start soon for italy. where they
The New York herald., 1921-10-10
Short Life for German Operas.

The death of ENGELBERT HUMPER-
pINcK recalls the fact that no other
modern composer of his nationality
ever had place in the repertoire OF
the Metropolitan Opera House along
with the overwhelming RICHARD
WAGNER. The works of contempo-
rary German composers have from
time to time been sung there, but
none ever took permanent place
in the list Of admired operas. Han
sci und Gretel" was a repertoire
piece at the Metropolitan Opera
House like the music dramas Of
WAGNER. "Konigskinder" had popu-
larity as a novelty, but never pos
oessed after it's first season enough
strength to become one of the pillars
on which the repertoire is founded.
II was the little work from the
Grimm fairy tales that stood by the
side of RICHARD WAGNERs colossal
achievements among the monuments
to the musical art Of Germany.
RICHARD STRAUss's "Rosenkava-
lier" had two more or less popular
years, but 1t is doubtful IL it ever
took deep root in the hearts Of music
lovers. There Is nearly always some
element in the work of STRAUSS or
his librettists to keep him remote
from the sincere sympathy of an
English speaking public. "Salome,'
of course, never had a permanent
place at the Metropolitan, since it
was dropped after one performance
for causes In no way connected with
it's artistic qualities. The popularity
OF MARY GARDEN, however, won for
It frequent performances at the Man.
haitian Opera House, where it was,
singularly enough and for reasons
altogether connected with the per.
sonnel of the opera company, sung
in French. "Elektra," which was
heard at the same house and in the
same language, never touched the
public heart deeply enough to bring
together one convinced audience.
The famous Erckmann.Chatrian
novel. "The Polish Jew" was the
foundation FOR an opera sung last
winter at the Metropolitan Opera
House and attributed to JOSEF
WEISS. "a Bohemian composer" who
was Of course a German Bohemian,
since the name is not Czech. DIAL
The New York herald., 1921-10-10

BERT's ''Tiefiand," which cane from
the Spanish play of ANGEL GUIMERA
and had been seen here in English
as Marta Of the Lowlands." failed
t. interest the audiences of the Met
ropolitan Opera House in spite of
its sensational success in German
speaking Europe. 1t disappeared
after few representations. Mo.
zARTs operas possess the serene per.
manence of the classics and are not
to be considered among the works
of German origin.
Not THE Tanning of the Shrew''
by GoETz in spite OF its familiar
libretto. nor GoLpMARk's "The Queen
OF Sheba" with its scenic splendors,
ror BLEcH's richly humorous "Ver'
siegelt," nor LUDWIG THUILLE's 10
betanz" ever achieved popularity
enough to take an abiding place in
the list Of those works on which an
opera house must rely for its artistic
existence. There are few new operas
to encourage the hearts Of impresa,
rios. Composers are not rising to
the situation. There is a constant
demand for compositions which shall
add freshness to the limited list OF
popular operas. In spite Of the in
adequate supply. however, only Hum.
rERDINcK sent from Germany work
that acquired the permanent favor
accorded to WAGNER.
The New York herald., 1921-10-10
Wasteful and Inefficient.

The tentative city budget for 1922,
as reported to the Board Of Estimate
by its Finance and Budget Commit
tee. carries appropriations Of 1884,
446, 6,46S, or $S,916,42S more than the
sum appropriated in the budget for
1921.
The excess Of the tentative budget
for next year over the budget appro-
priations for this year comes to
an amount Of money Mayor HYLAN's
administration will speciously argue
is small in comparison to the re-
quirements Of a growing city Of the
size Of New York.
Indeed, the Mayor and his init
mates are likely to take credit to
themselves for economy because the
increase does not amount to twice
or three times the sum it reaches.
AS matter Of fact. any increase
in the budget for 1922 over that for
1921 is an evidence Of ineficiency
and of waste.
The great sum appropriated In
the budget for 1921 represents the
Board Of Estimates provision for
the cost of city government made in
the autumn of 1920, when war in
fated prices were still at dizzying
heights.
The greater sum discussed for next
year represents the result of the
Board of Estimates committee to
keep within bounds the cost Of
governing the city in the autumn Of
a year which has seen prices Of all
commodities tumbling to pre-war
levels, and wages in all except a few
trades reduced appreciably below the
standards of 1919 and 1920.
II the Hylan administration can
not under such circumstances at
least hold the budget Of 1922 to the
size of the budget Of 1921 its own
act will justify the contention that
the Hylan administration is neither
efficient nor economical. and no pro-
testation from its members can
alter that.
The New York herald., 1921-10-10
Conditions in Germany.
Activities Of the Socialists and the
Governments Attitude.

TO THE NEW York HERALD: No other
single occurrence in Germany has been
SO misrepresented or so completely and
dangerously mislnterpreted since the end
Of the war as the national Governments
"anti-reaction'' order Of August 80.
This may have been natural, but It IS
none the less regrettable in the highest
degree for every man who loves orderly
government and who does not want to
see the largest European state handed
over to the disciples of Karl Marx.
The "anti-reaction" order was the
running amuck of weak men who were
badly frightened. Ebert, President of
the republic, is n Socialist. So is Grad
nauer. holder OF the important portfolio
of Minister of the Interior. The only
difference between Chancellor Wirth and
Socialist is one of terminology. All
of these men have long been disquieted
by accommodating evidences of return
OF some degree Of pride of race and even
Of what we Americans call patriotism at
homo, but which, 1t would appear. Is
reaction" IN Germany.
The order Of August 80. which goes
much beyond the extraordinary anti
Socialist laws of Imperial Germany In
the 's0s--laws which were condemned
by all enlightened opinion at that time
was Immediately followed by Socialist
excesses in all parts of the country. No
day has passed since without its report
OF meetings broken up. persons black
lacked and robbed. property destroyed
and peaceful passersby attacked.
At Bernau. a tiny village few miles
from Berlin, a Socialist mob, summoned
by notices In the Socialist press. at
tackled a crowd Of villagers who were lis
tening to a memorial sermon by the VIII
iage pastor. following the unveilins OF a
simple monument to the sons Of the VII
lage who had fallen In the world war
such memorials now dot all European
towns. The mob destroyed the monu-
ment, built with the small offerings of
the peasants, burned the memorial flags,
trampled the wreaths and flowers In the
mud and assaulted scores Of spectators.
The police did not dare interfere.
I could fill a. dozen columns OF your
paper with reports OF outrages OF this
kind happening within the last fortnight.
In no case has the Government endeav-
ored to defend the victims. In no case
has legal action been taken against
them. It Is extremely unlikely that the
Government will dare take any action.
Representatives Of Socialist organiza-
tions have repeatedly ordered the Gov
crnment to prevent the most innocuous
"bourseois' msstings. ana the Govern
The New York herald., 1921-10-10
Vanderbilt Party Returns to London
Arrives After Month's Yachting Tour of French Canals
and Rivers-Americans at Japanese Ball.

will pass the winter. They are accom-
panied by Mr.. Leicester Spaulding.
Mrs. W. +. Studebaker and her daugh-
ter. Mrs. ii. II. Brandeis of New York
and Rome, have arrived at the Hotel
Plaza Athene for a few weeks before
visiting London. They will take villa
at Cannes for the winter.
Mrs. Julia Batchelder has arrived at
the Boulevard Dellesert apartment from
Biarritz accompanied by the Baroness
Puget, a noted Polish sculptures.
Miss Louise Wadsworth OF Boston,
who held an art scholarship at Rome last
winter. has arrived on her way to Lou
don, where she will remain month pe-
fore returning to the United States.
Miss Edna st. Vincent Millay. a poet.
after several weeks at Pourville' VIII
start soon for Rome to pass the winter
Mr.. Charles Holman Black is guest
at the chateau of the Countess de Rohan
near Contaillac during October.
The New York herald., 1921-10-10

ment accedes in every case. Everywhere
the Socialists combs are swelling might
lily as they SEQ the national Government
weakly acceding to all their demands
and paving the way for their eventual
supremacy.
The so-calied republican denlonstra-
ton of this week was not republican.
There was not one republican flag to
twenty of the red flags of the negation
OF patriotism: the republican trumpets'
were blown by Socialists and Bolshevists.
The crowd did not '1isten with quiet
approval to republican orators; it lis
tened to Socialists and Communists. The
two speakers stands in front of the
Kaiser's palace were occupied by Adolf
Hoffman, and Clara Zetkin, both among
the most fanatic apostles Of Moscow /;
nearly all the other stanSs were occa
pied by orators of lighter or iarker
shade of red. It was red denonstra-
ton all through.
wonder. too. II you realize how such
things are arranged. 1t is very simple.
Word goes out from the shop councils
in the various factories that a parade
is to be held at such and such q time.
with no loss of wages. Every workman
has to take part. or be disciplined. This
parade was nothing moro than a Demon
stration in favor Of half day Off with
pay. to quote a newspaper friend OF
mine.
Americans must. no longer let them
selves be deceived into thinking fhat
what is going on to-day is a fight he
tween republicanlsm and reaction. 1t
is nothing of the kind; 1t is flgh- be-
tween the type of governmAn. which
America has chosen for herself and the
type which Karl Marx would have
chosen for. her. S. MILES BoUToN.
BERLIN, September 90.
The New York herald., 1921-10-10
The Last vireo.

Inc IdeU NlIcVs
Down-d dropping from a pulsing throat
A golden rain
That brings with every liquid note
June back again!
It almost seems the fading bough
Whereon you swing
Thrills with qulckened impulse now
Another spring.
The little airs that stir the leaves.
More gently blow:
And thro' the hazy blue there weayes
A softer glow.
Why, lonely warbler, have you stayed
Beyond your time
Why have you darlngly essayed
This bleaker cline?
Is II a tryst at which you sing
Within the wood
A something that weighs down youl
wing,
Half understood?
Down-dropping from a pulsing throat
A golden rain
That brings with every Hitting note
Glad June again.
MAURICE MORRIS.