davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-01-09

Among the other railroad presidents who
receive large monetary rewards are c. II.
Markham. president of the Illinois Central
100000 a year; Thomas NJ. Schumacher,
president of the FL Paso and Southwestern,
100000; w. Fl. Truesdale of the Delaware,
Lackawanna and Western, $4,000; +. d.
Underwood of the Erie, $1,000; l.. E. John
son of the Missouri Pacific. $4,000. and
julius Kruttschnitt of the Southern Pacific,
SSS,O0O Most of the presidents of the large
lines in the United States receive yearly
honoria in excess of $4,000
The New York herald., 1921-01-09
Great Britain's Position Delicate--- Wishing to
Make Market of Germany She Is With
held by Promises to France
BY FRANK H. SIMONDS.

ments In the matter of coal deliveries to
France.
On the other hand the Germans have not
complied with the disarmament conditions
and we have come to January l. a date on
which the French are entitled to call the
Germans to account, and the allies of the
French have received substantial proof Of
the fact that the Germans have not COM
piled. Now the situation which results has
an obvious external significance, but 1t Is
infinitely complicated by the domestic cir
cumstances in the three countries most con-
cerned, namely, France. Germany and Great
Britain
To look at the French side first: France
has just passed through a political crisis
growing out of the effort of War Minister
to defeat the effort of his fellow country
men, supported by the Cabinet, to reduce the
French army. Lefevre, the Minister, argued
that such a reduction was impossible, be-
cause Germany had not complied with the
disarmament clauses of the Treaty Of ver-
sailles, and that any reduction of the period
of service of the conscripts with the colors
from three to two years or to eighteen
months would be perilous.
Foch Thinks it Possible
To Reduce French Army Strength
Lefevre's thesis was confuted by the
Leygues Cabinet, which brought Foch and
ton was possible. Both distinguished soldiers
agreed that while Germany had by no means
fully complied with the treaty terms she
had so far disarmed that reduction in the
strength of the French army was possible
Lefevre contested this. was beaten and re-
tired, but naturally his arguments found
more than a passing hearing in France
This hearing was the more ready because
of the lesson which lies in all French minds
as consequence of the Napoleonic expert
ence After Jena and following the complete
conquest of Prussia in 1S06-7 Napoleon i'm
, posed upon his defeated foe the most rigor-
Gus military terms conceivable, terms which
rigidly limited the strength of the Prussian
army and aimed at preventing Prussia from
regaining all military strength. Yet Prussia
managed to evade those terms and eight
years later to play decisive part in the
overthrow Of Napoleon. France does not
mean to be caught the same way again.
The Leygues Cabinet is very weak and
may fall at any moment. 1t has weathered
the storm over the reduction of the army
The New York herald., 1921-01-09

portunity to put up their business problems
10 another woman with more information
than they possess. They are reluctant to
reveal their insecure knowledge of business
to man. This is the cause. believe, for
some of the wild business chances that
women take rather than consult with an
experienced man who might, they feel, rid
The New York herald., 1921-01-09

is that he knows every detail of the railroad
business by experience. When he travels
in his special car along the line he senses
that a rusty wheel on a freight car on a
siding means that there has been undue
delay in that locality and that it is time for
him to shake up several departments and
find out why. His work and life demon
strate that the man who goes right out into
the midst OF things and is not afraid of hard
work reaches the distinction OF having five
figure salary.
The New York herald., 1921-01-09
Salaries Of $50,000
Common, but Earned
Continued from Third Page.

with practically nothing in this life are
rated as the annual recipients of hundreds
of thousands of dollars.
The New York herald., 1921-01-09
\ EFHAYS aS warning against too
sxtreme optimism at this interesting

~ ERHAPS as . warning against too
- extreme optimism at this interesting
mement, the world Is confronted by
sun another German crisis at the outset OF
tho new year. In reality there Is little now
in the crisis itself. It Is only one more phase
Of ghe eternal German question which the
Treaty of Versailles did not and could not
settle. The actual point at issue at the
present moment is the failure of Germany to
comply with the disarmament conditions inn
posed upon her, both by the Paris agreement
and by the later agreement at Spa.
OF the merits of the dispute only one
opinion can be held Germany agreed to dis
arm; she has not complied with her agree
ment and the real difficulty lies in Bavaria,
which defies the central Government and
persists in maintaining military organiza-
ton itself more numerous than the whole
armed force allowed Germany under the
Paris settlement The reports of the Ba-
varian course do not disagree and there is
no question raised as to the accuracy OF the
reports; the sole issue is one of allied ac-
ccptance or refusal to accept the Bavarian
defiance and the impotence of the German
central Government.
More German Territory May Be
Occupied Because of New Crisis
But the situation is complicated by the
fact that at Spa Britain well as France
agreed that there should be military action,
the occupation of German territory, possibly
of the Ruhr coal basin, if Germany failed
to comply with the terms of the Spa agree
ment This agreement, it will be recalled.
followed the French occupation of Frank
fort and other German cities after Ger
many had failed to observe the terms of the
Treaty of Versailles and in defiance of this
treaty had sent troops into the neutralized
region on the east bank of the Rhine
The French action aroused British pro-
tests and led to bitter recriminations on
both sides of the Channel. Nevertheless at
Spa the British recognized the French con-
tention that deliberate refusal to comply
with the treaty should be punished by the
joint occupation of more German territory.
This British acquiescence was mainly re-
sponsible for the fact that the Germans
have since that time lived up to their agree
The New York herald., 1921-01-09
German Government Weakened
by Various Contending Elements

The German situation is not less compi-
Gated. The German Government is also
very weak; 1t has lost ground steadily in
past months. It is pushed on one side by
the old Junker elements, which sympathize
wholly with the Bavarian attitude; indeed
many Prussians are now in Munich aiding
and abetting in the Bavarion action. 1t
Is pushed in the other direction by the
Socialists. who have desire to enter into
a new conflict with France. who resent the
growth of monarchist and reactionary
strength, who seek to eliminate not surfer
to return the agents of the old order
If Bavaria refuses to obey the German
Government-and 1t does-not only Will the
Government lack the troops to enforce obe-
dience but it cannot depend on such troops
as it has, since the army remains in the
hands Of the old order. But the Socialists,
the labor elements, the republicans as con-
trasted with the monarchists, now propose
to use the weapon of the strike against
the Bavarians. Thus the Ruhr coal miners
can compel the Government to refuse to
ship coal to Bavaria under threat of refus-
ing to produce coal at all. The result would
be the prostration of Bavarian industry. But
Bavaria, on her side, may meet. this chal-
lenge by some separatist step which would
destroy German unity
The New York herald., 1921-01-09

but it cannot hope to stand If 1t submits to
the Bavarian violation Of the Treaty of ver-
sailles. violation which strikes at the very
root of all the French conceptions of the
Treaty of Versailles as a guarantee against
future German aggression. France can,
therefore with perfect justice insist upon
the right. established at Spa, of occupation
of German territory, and it can ask Britain
for support, provided it can prove, and this
is simple, that the Germans have violated
their pledges.
The Birmingham age-herald., 1921-05-14
Weekly Cotton Review
By Associated Press

New York, May 13.--The official an- nouncement that Germany had accept- ed the separations terms were followed by reactions by the cotton market dur
 ing the past week. July contracts.
 which had sold up to 13.40, or the
 highest price reached since the low record of 1155 was established at the beginning of last March, lost over half a cent of the advance under realizing or liquidation. This came largely from Wall street, or local operators who had bought in anticipation of the German news, and who began to sell as soon as they found it was failing to stimulate demand. There was some increases in southern hedge selling as the price of October deliseries ap- preached the IA cent level, but local brokers appeared to be favorably i'm pressed by the absorption of these con- tracts on decline
 It was felt in some quarters that the early week buying movement might have broadened more importantli { ly had it not been for the continuation of British labor troubles. The increas- ling scarcity of coal has been reflected in rather depressing reports from both Liverpool and Manchester and toward the end of the week there were threat ened complications both with reference to the handling of imported coal and the attitude of Lancashire operatives toward the proposed cut of 30 per cent in wages. Otherwise comment on the weeks news has been generally favor able Many traders have regarded the agreement on separations as an i'm. portant step toward gradual revival of export business. particularly in view of the progress reported in plans for financing shipments and the firmer ruling of foreign exchange rates Ru- mors that large loans had already been negotiated by southern shippers as result of recent conferences have not been confirmed. but developments in that direction are anticipated Accord ing to private returns domestic con sumption for April ran below the March figures. but the weeks news from the goods trade has been com mented upon as indicating a broaden ing demand and increasing confidence among buyers for forward delivery. Trade advices report an improving piece goods situation in India. and prospects for a better China trade. Temperatures in the south have re- mained low during the greater part of the week. while there has been too much rain in some sections to the de- triment of the new crop
The Birmingham age-herald., 1921-05-14
ENGLISH LABOR
 TROUBLE CAUSES
 COTTON WEAKNESS
List Closed Weak at a Decline of Seventeen to Twenty seven Points on the Days
 TurnoverS
Rr Assnciateh Prnsa

New York May 13.-An opening de- cline was followed by rallies in the cotton market but late reports of in creasingly serious labor troubles in England caused weakness, July sold off from 1SOSc to 12.77c. or 26 points net lower, and the market closed weak at a decline of 17 to 27 points.
 The opening was barely steady at a decline of 1 to 14 points owing to a continuation of yesterdays selling m2vement. The pressure was much less active, however, suggesting that scattered long accounts had been pretty we'll lfquldated on the decline of the previous day and smaller hedge selling from the south. This encouraged some local buying on reports of d broaden ing demand for cotton goods in the do- nestle markets and more favorable news from the far east
 Opening losses were recovered with active months selling about to s points net higher at 12.60c for May and l3.65c for october. Trading then became very quiet and fluctuations were narrow until late in the after Eccn when reports reached here that Lancashire mill operatives had refused the reduction of 30 per cent in wages and that British transport workers would refuse to handle imports of coal. This news led to liquidation by recent buyers and local or Wall street selling, which sent May off to 12.40c and October to 13.33c Last prices were approximately the lowest of the day.
 According to foreign trade advices received by prominent local firm this morning the piece goods business in India is more active. and there are Prospects for revival of trade ir China. These advices also state that American cotton can be laid down at a lower price in Japan than the better grades of East Indian and that Japan IS likely to be steady buyer in American markets. More reasonable temperatures were recorded in tine south, but there were further rains in the east where dry weather is needed
The Birmingham age-herald., 1921-05-14
WHEAT WENT UPWARD AS RESULT OF FROST
 PREDICTION IN BELL
By Associated Press

Chicago, May 13.-Wheat averaged higher in price today, chiefly as re- suit of frost predictions and a renewal of UT favorable crop reports. The close days finish to %c advance. Corn gained Is @ Ac to %c; oats 14 o 2s and provisions 10@20c.
 Strength in the wheat market de- velored quickly after some depression caused by absence of frost which had been expected last night. Indications however. that the northwest and west would have freezing temperatures to- night led to anxiety lest the spring wheat just coming up would be in- jured. Meanwhile, advices from field experts in Kansas, Oklahoma and Mis- souri tended also to encourage buying on account of the deteriorating show ing in the condition of the winter crop. Toward the last of the day, nev- ertheless, profit taking sales became rather general. and best prices failed to hold Rains at some points in Okla homa were regarded as against the bulls. Passage of the Tincher bill through the House at Washington counted also as an incentive to sell.
 Corn and oats were governed largely by sympathy with wheat Country offerings of corn were gener- ally held somewhat above the market.
 Demand for provisions was stimu- lated little by the strength of grain.
The Birmingham age-herald., 1921-05-14
New Orleans Cotton

New Orleans May 13.--The labor troubles of Great Britain played an inn portant part in the trading in cotton to- day, the complications attending the coal strike being responsible for early selling under which the market lost Il to F points, compared with yesterdays close. After period of steadiness and recov- cry the market again weakened and in the late trading made new low levels for the session, finally closing at the low est of the day at net losses of 1e to P points. For this break the report cabled rom Manchester that mill operatives had refused to agree to the wage cuts pro- posed by the master spinners was the main cause July closed at 12 soc
 After the initial decline, good support was offered the market bulish traders being impressed by the sales of 10000 pieces of print cloths, returned by Fall River as the turnover for the week in that market, and by the favorable items in the federal reserve boards weekly statement Much was made of the rise to 55.9 in the ratio of reserves to liabilities. A little later European messages saying that peace had been restored in Upper Silesia caused further buying, and carried prices to the highest or the day, where of to 10 points. July traded up to 12.74c.
 Weather reports from the belt were more favorable. not so much rain being noted. while temperatures were warmer in all districts, but weather news inspired only moderate selling.
The Birmingham age-herald., 1921-05-14
IRON AND STEEL REVIEW
By Briggs.

l Cleveland. O.. May 3-(Special )-Ths
 IT on Trade Review today says:
 Although a mild undercurrent of op- tnism prevails among steel makers, 1t ] is difficult to attribute it to any single
 factor. Slight encouragement Is gained | from the volume of new business which
 is almost entirely composed of orders for
 carload or less than carload lots. Further
 releases on old bookings account for good portion of present shipments | Satisfaction generally Is expressed over the rounding out of the wage con dition. which is seen in the 20 per cent cut announced by. the Oliver Iron Mining company in the Superior ore fields and
 the anticipated reduction by the H. c.
 Prick Coke company in the Connellsville district. Further adjustments at mills and mines by independents are expected. Although lower wages, corresponding more nearly to the cost of living, are deemed important in the gradual return to normalcy. producers on all sides agree that lower freight rates would help the steel industry more than any other single factor Most of the limited amount of finished material now being shipped con sists of tonnage released on previous bookings
 Sheet mills in the valley are operatins at 37 per cent of capacity, as compared with 5l per cent a week ago. It is un- derstood that the new quotations on shapes are being adhered to in most cases, but that some fabricators are omit ing certain charges and are quoting some surprisingly low figures. It is un- derstood that the Republic Iron and Steel company has taken an order for 1,0o tons of bars for the Ford Motor com pany The announcement that the A. gonna Steel corporation has received an order from the Dominion government for 5O,0o0 tons of rails for the Canadian Ma tional railways is interesting in view of the quoted prices, which is said to be equal to the United States Steel Corpora tion price. plus duty. Indications that limited amount of railroad buying is i'll sight are furnished by the anticipated or der for l5O,000 track bolts, 7,500 kegs of spikes and a large tonnage of tie plates soon to be placed by the Pennsylvanla railroad The American Locomotive com pany has received an order for 42 loco motives from railroad in China, ano the American Car and Foundry company will build 900 cars for Chinese interest.
 According to cabed report only 10 stacks are operating in Great Britain this week.
 ''The Iron Trade Reviews weekly com posite average of the market Is &3. 5, compared with $436l last week and $B .Sl for the month of April
The Birmingham age-herald., 1921-05-14
Hubbard Bros,

New York, May 13.-(Special)- Liverpool was slightly worse than due and consequently our market opened about 5 points under last nights clos ing figures. The British strike still continues to be prolonged but we feel that it will not be long until a dat- mite understanding Is reached. Even under the serious handicap, our ma-- ket shows decided strength to resis. any selling pressure. Yesterday it ab- sorbed some, S5,000 bales of cotton with little effort. Most of this con- tract was taken by scattered interests, thus leaving the market in a better technical position than this time last week.
 From men of prominence in the trade Ye lear there is decided Inn = ltrcveinent. Very little sou thern sell ing is in evidence verifying the usual statements that cotton held in the south is in much stronger hands than heretofore Bad weather still prevails ever the belt. We anticipate a grad : ual ovement.-Hubbard Bros. & Co.
The Birmingham age-herald., 1921-05-14
BRADSTREET'S REVIEW
By Associated Press


 New York. May 1S.-BradsTeet's t,- morrow will say:
 Continued irregularity m trade in different sections and in branches of the same trades; reaction in the stock market, based on desire to take prof its on the German reparations agree msnt, plus short selling of auto and steel stocks; further realization of the sharp falling off in foreign trade. anG shade less optimism as to the out look in different lines. are the out stahding features in week rather bar ren of essentially new developments. Cold weather with an excess of rain in several areas has continued to hold down retail distribution, make for bad reads and retard crop development in country districts while curtailed in dostrial output and strikes in bufid- rirg. shipping paper manufacturiny and printing lines discourage trade al, nary important centers. The fact that it is between seasons in several i'm por.ant apparel trades also has had a quieting effect on new buying, pend nE . clearer view of fall trade pros poets
 Weekly bank clearinrs ss.t4s.sa9. 000.
The Birmingham age-herald., 1921-05-14
Testers Weight Statement
Bx AssocIated Press

New Orleans. May lo--Secretary He's ter Of the New Orleans cotton exchange today issued statement of weights of 6. .39O. .737 bales of cotton handled at out ports and across the Mississippi, Ohio and Potomac rivers overland 10 Amer .can manufacturers outside the cotton belt during months of August to April. inclusive.
 The report shows an average per bale of 521.22, against 5129S for the same pc r:od last year. Detailed averages follow. Texas ports. 5s1.sl, against 527.2O last year.
 Louisiana ports. 59o.sl. against 5ii.oa last year.
 Alabama ports, 5l4.4o. against 5is.5o last year.
 Georgia ports, 5o5.5l, against 5os12 last year.
 South Carolina ports, 4s7. against 4so last year.
 Virginia ports. 300, against 4so last year.
 Tennessee ports, 5os.ss. against 5lo.sa last year.
 These averages are based on official returns of the secretaries and superin- tendents of the exchanges and exports at ports in the states named
The Birmingham age-herald., 1921-05-14
Poultry (EelI- Produce Col

tBeH Rodgers Produce Col Eggs-Fresh canded, 25c.
 Hens-22@25c.
 Friers--65c
 Stags-25c. Cuineas-40c.
 Turkeys-4O@ @45c.
 Ducks-25c.
 Butter-16c.
 ..Apples--Extra fancy winesaps,. 125. 1ss. 150. 1eS, $3.7b; fancy Ben Davis. boxes 16o Winesaps, 200, 2is, s27b.
 Grapefruit-4s. 64. s4. 80. se box. bos s5s's s5faa Soa . ens boxes, s2.75. fine stoes 17s soo a1s ;55o son 1SS. fahS s5o 2ss. s5.So box; 12s's. s4.75 box; sss. 4.bd .Pin.apples-so. ss's s5.26 crate; 4gs strawbsrries--Alabama. s4es crate: Mis-
 Vegetables
 Beans-Fresh green, s25o hamper.
 Squash-Yellow, S4 crate; white, s2.50; yellow small crates s crate; white sS.bo tH Florda s'ofa isSss s'i ss crate; Potstoesasweets. Porto Rico. kiln dried, ihG iri.b iS; cyllman YnIn pooeg barrel 4o b barrel. se; No. g. less than barrel Sc lb No. ?. less than barrel, 4c lb.; new potatoes Alabama. No. 1 stock, $; No. ? stock. s4.5o. Thursday s4 sack; 5o-lb crates. s2.6O crate crate; Texas crystal white. $2.75 crate. . Beans-Michigan navy, 1O0-lb. sack, Sc lb.; California lima. large, shc lb.; Cali tornia lima baby, Sc b.; Colorado pinto. ic lb.
 Peas-California buckeyes. SC lb.
 Peanuts-No l Virginia stock, lac lb. No. Virginia stock. roasted. sack lots. ioc lb.; Nc. Virginia stock. rosated, 50-lb. cheese-Full cream Daisies. zoe ib. Mackerel-.loo count. s75o keg. to o sc 90 to 1G ss ss o b. go ,S sS lso O Rice-Fancy head, 6c lb. Evaporated Peaches-Fancy, 5o-lb. boxeA l9c lb.; Standard. 6o-lb. boxes, lie lb. asl Eyssporsted ,s ApriGotsIFancy 2S,ib. bo1es Dixie Cakes-5-lb. 2Sc lb. 10 ease. S6.25 case
 Market Baskets-Dozen. 75c.
 Fish (Standard Fish Col Gray Snapper--12hc.
 Red Snapper-19o Spanish Mackerel--22c. Pompa no-35c.
 Salt Water Trout-2oe2 22c. Mixed Fish--12c. Mullet-10c. D. Clear Belhes--13 @lec.
 Pure Lard-cilyerlsaf. is,sc. Hams-Regular. 2s Q 33c. Pork Loins-24 0 29c. Bacon--2s c soc. Butter--36c. | Eggs-26c.
The Birmingham age-herald., 1921-05-14
Port Movement
By Associated Press r tf.1 -l1.


 New Orleans: Middling, 12c: re- ceipts, 27.Oe; sales, l,645; stock 41c,- 732.
 Galveston Middling, 12c. receipts 1G,1S0: exports, 6,44s' sales, 543; stock. 2sG.020.
 Mobile: Middling, 11.25c; receipts, 221 stock. 20,910
 Savannah: Middling. 11.75c; re- ceipts, 2.sS4; sales POS; stock, 177,s1o Charleston: Mddling, 11.5Oc; re- ceipts. 2o0 stock, 253.965. Wilmington: Middling, lie; receipts, AT; stock, 33.sS6.
 Texas City: Receipts, 1,74s; stock, .16.1S2.
 Norfolk: Middling. 11.75c; receipts. 19S; sales, S53; stock. 110.4o5. Baltimore: Receipts, 727; stock, 4,692. Boston: Middling, 12.S5c; receipts, 16S; stock 10,71o.
 Philadelphia: Receipts, 9e; stock, S,735.
 New York: Middling. 12.s5c; stock, 130,S73. Minor ports: Stock. 1907. Total today: Receipts. 19.674; ex. rorts. 6,443; stock, 1,565,507. Total for week: Receipts, 149,46I; exports, 63,796.
 Total for season; Receipts, 5.667. G16: exports. 4,220,17S.
 Interior Movement
 By Associated Press Hous ton: Middling 11.65c; receipts. S,s37; shipments, 1o,457; sales. 3,65s. stock, s26,0s7.
 Memphis; Middling, 11.75c;, receipts,