davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1921-08-28
ADVANCING
WASHINGTONS INTERESTS
Gold Influx Into u. S.
Has But Little Effect

While Europe sent to the United States than two
hundred and fifty million dollars in gold during the first SIX
the the receipts from this coun-
try nevertheless slight gain occurred in that period In the
total gold of Europe held by central banks or gov
eminent agents.
Only three of the fourteen chief European godhodlng
countries showed dmnuon in their gold stocks from jan
to July these losses relatively slight their
combined total amounting less than twelve million dollars
eleven countries the increase of the fourteen combined
amounting to 81 $4,000.
Yet between January and July L. the gold stock held by
the Federal Banks in the United States increased by
$4O2 ,000 nearly 20 per cent of the $20593S0
900 they held the first of the year. almost twohirds OF the
increase being made by the gold from European shipping
points, the rest coming from nonEuropean and domestic
sources
An analysis of this gold shows that the present
European gold not being drained to swell Amer
holdings but that the ncrements this country hoard
since the first of the year, in far from Euro
points concerned chiefly accounted for by three
great streams of the metal consisting of newly mined
plies from Africa coming by way of London of gold yielded
up by India also coming by of London and of metal
thought to have originated from Russian eventually
coming to America through various European countries
The Washington times., 1921-08-28
Financial Notes,

Earnings Of s174,662, 900 were re-
ported by railroads of the country dur
ing half year ended June, according to
figures by the Interstate Commerce
Commission. While operating reyo.
nues decreased some, operating ex.
penses were reduced by more than
5000 100000. Operating expenses were
$3.50 per cent of operating revenues,
against 1928 per cent last year.
American bankers have been mott.
fled that gold to the amount of about
So, 1S0, 900 has been consigned to them
from foreign countries.
The General Motors Truck Com.
pany, at Pontiac. is producing about
twenty trucks a day. with untitled or.
ders larger than at any time since
March.
Stockholders of the Ohio Bell Teie.
The Washington times., 1921-08-28
Railroads Reducing.

On the other hand the railroads are
cutting down expenses and operating
more economically. II the bill Is pass.
ed granting the Government the righs
to pay the railroads the money due
them, approximately 5000, 900, il
should certainly have a stimulatins
effect upon business as a whole al
over the country. and this would be
particularly true of the steel and rail,
road equipment Industries.
The tax situation Is somewhat Of a
disappointment to all. as it had been
expected that the excess profit tax
would be repealed. and the surtax on
incomes reduced.
We now learn that this will not come
into effect until January /, 1922, in
stead Of being retroactive for the cur
rent year.
The Washington times., 1921-08-28
Centralized Reserves.

Europe's centralized reserves were
built up subsequent to the outbreak
; OF the great war. far above pre-war
The Washington times., 1921-08-28


opinions OF half a dozen reputable and
even prominent attorneys as to the
legality of the plan. and that these
opinions approved the project.
Seizure of $1,000, 900 in securities
discovery of the hiding place Of &c..
100000 more in signed promissory
notes and raiding of a safety deposit
vault wherein many more millions in
valuable papers are believed to be hid
den today startled even Federal Off
Gals who have been delving into the
Worthington case.
Operations May Total $50 .OO0, 900.
Heretofore even the widest specu
lation has set the total of the com.
bined operations of the gang at only
SIS, 900, 900. Now the Federal officials
believe they will come nearer 0,000,'
900.
Today, too. was another day of hec,
tic revelations concerning how the
gang worked. The growth of the
American Rubber Company from a lit.
tie raincoat shop in Sixty-third street
TO it's present paper" Importance OF a
81 900 900 capital stock was made pub
lie for the first time.
Coal mines near Carroll, ILL.,: plants
at Lorain. Ohio; firms in Canada and
England were discovered to be in
volved. From seventeen-the last
known total OF the concerns either
victimized by or working with French
the list has risen to thirty-one.
Some Of these firms are reputable con.
Germs; some are not. Some OF the
securities recovered are genuine; some
are forged.
Securities worth $1,000, 900 obtained
from twenty-seven firms were taken
from a safety deposit vault at Cleve.
land today. The securities were in the
hands OF Elmer Gerber. one of
French's secretaries. Gerber is under
arrest. He has confessed his share in
the affair and may be a Government
witness.
A. A. Davies, secretary Of the Ideal
Tire and Rubber Company. a Cleve'
land concern now in receivers hands,
said an agreement had been made with
French to handle $40 ,000, 900 worth OF
notes of his concern. The notes now
are in the hands OF r. D. Swan. Cleve.
land real estate man and brother OF
Mrs. Charles w. Hawkins. arrested
here with her husband on charge OF
conspiracy with French.
A deputy United States marshal to
night raided safety deposit vault In
Akron, Ohio, rented by Charles X
Strobel. Akron real estate man, who
is at liberty on IS, ZOO bonds in connec
ton with the case. A great mass OF
letters and documents was seized.
Arrest of Zebulon w. Davis. mil.
lionaire manufacturer Of Cleveland
and Canton. Ohio, was awaiting the
delivery OF $500. 900 in notes, said to
have been signed by him, to Colonel
John V. Clinnin. First Assistant Dis.
trict Attorney.
The Washington times., 1921-08-28
MISSISSIPPI FREICHTS
CUT BY BARGE LINE

NEW ORLEANS. La, Aug. al
The Government barge line struck
two heavy blows in the interest Of the
commerce Of the port of New Orleans
today. To protect the movement
of grain to New Orleans from
Middle Western points and to
meet the cut in rates made by the rail-
roads to Atlantic ports, the barge
line announced new low rates on grain
and grain products from st. Louis
and East ST. Louis to New Orleans.
Under the tariffs filed with the In.
terstate Commerce Commission Fri
day by w. NJ. Hough, general freight
agent Of the Government barge line,
the new all-water tariff on grain and
grain products from st. Louis and
East st. Louis to New Orleans provide
for rate of IA cents per hundred
pounds and from Cairo Of 11.6 cents
per hundred.
The Washington times., 1921-08-28
GOV. RICHIE COMPLETES
REORGANIZATION PLAN

BALTIMORE, Md, Aug. 27.-Gov-
ernor Richie has completed his report
on the plan for reorganization of the
State government as recommended by
the reorganizations subcommittee.
The report is expected to go to the
subcommittee for adoption early next
week.
No meeting has been called, but the
governor has taken up the question of
a convenient date with Allan c. Grid
wood. the commissions secretary.
Soon after the subcommittee acts, the
report will 90 to the executive commit
tee and then to the commission as a
whole. Final action is looked for be.
fore the Democratic State convention
next month.
The Washington times., 1921-08-28
yyMeSM1 B u SINESS A d / N A n G. + vunnMDasn
j. p. Morgan Baked
Stumble Gang AbroaP

CHICAGO Aug 27-Tha the frenzied finance operations
Of John W. Worthngon Charles French afoul
of the banking firm of j. Morgan Co. was declared today
by Jones Lee of Cleveland who, with French is held IN
bonds of $4,000.
They incurred the enmty of Morgan by endeavorHg to
obtain British capital to finance venture in which they con-
templated bucng the United States Steel Corporation
Lee asserted how they forced to get their money
they did, from manufacturers when Morgan himself went to
England to fight them there and orders issued to banks
here to shut down. them, told to COL John " Cnn
by Leet.
Leet said that Fenchs proposition made to the manu-
facturers for him to take their notes with the under
standing that they the to get 80
cent and h French so cent after the usual discount OF 10
per cent deducted
This would give French and the manufacturers As per cent
each the notes.
OF Frenchs as per cent cent to into
fund to meet maturing notes of the proposed steel
and the remaining Is per be devoted to engineer
ing expenses.
The Washington times., 1921-08-28

Blocked Abroad by Morgan.
French's plan. according to Leet.
was TO develop iron ore deposits on the
Pacific coast in such manner as
would have resulted in much cheaper
steel than that manufactured by any
OF the existing steel companies.
French, Leet said, tried to interest
English capital in the scheme. AS
practically all English money in the
United States is handled by Morgan &
Co.. 1t was inevitable that Morgan and
French should clash.
Clash they did, and. according to
Leet. Morgan ordered the banks to re-
fuse French's money. Morgan himself
then went to England. Leet said. and
succeeded In killing French's efforts
To get financial aid there. Leet ex-
planned that French, with the banks
and foreign capital closed to him. had
to go to manufacturers for the money
he wanted.
Leet said that French obtained the
The Washington times., 1921-08-28
Financial Reuielu
BY POTTER BROS. & co.
Members of the New York Stock Exchange.

The financial situation in nearly all the which
have reports shows improvement although in the
raising States this improvement halted for the moment
and the financial position during the moving period will
doubtless be further strained
This is having and will have to greater extent, ma
eria effect upon the financial situation and money condc
in this center.
Crops moving earlier date than heretofore which
encouraging but will an earlier Tightening of money
rates.
The Federal Reserve Bank however both in this district
ana the country as whole Is IN very strong position 10
take of this situation the ratio of total de-
posts and Federal Reserve note liabilities combined amount
to IS per August 10 against ITO per cent
August and against only 43 $40 per cent August
49, 1920
We understand that of 60 per
sens strong position The position of this district which
represents the center of the country is also
The Washington times., 1921-08-28

The banks here have been gradu-
ally working out of the Federal Re
serve Bank, and there are now only
few Of the larger ones that are
still borrowing from the bank. The
ratio of total reserves to deposits
and Federal reserve note liabilities
Is So $40 per cent as Of August 10,
as against SO 2-10 per cent as Of
August 3. 1921. and against only
38 $40 per cent on August 10, 1920.
the period OF the most serious strain.
We feel quite strongly that there
will be no money In New York for any
rising speculative market under pres
ent conditions.
Loans are still being called freely
each day and must be readjusted.
Banks are scrutinizing collateral per-
haps more carefully than ever be-
fore.
The last fortnight was one of the
most critical we have had to face
in his center, but several situat IONS
which were most difficult, pressing
and important have been taken care
OF. permanently we believe.
Other Weak Spots.
On the other hand. we feel that
before the situation is entirely
cleaned up there are other weak
spots that must be cared for.
Under these conditions we feel that
speculative accounts should be
strengthened when possible by sale
OF stocks on rallies, and we are nd
vising our clients to purchase only
the best character of railroad. in
dustrial, and oil stocks, selecting
companies in which we are convinced
there is little chance of any financial
difficulty.
The bond market, which has been
very active and gradually rising dur
ing the past six weeks, has Just
recently shown a tendency to react
somewhat, and 1t may well be that
the market again Is temporarily over
loaded, and 1t will take little time
to clear up.
We look, however, for a continu-
ance of a good demand for the bet
ter classes Of bonds, and we find
high grade issues are selling more
rapidly in the country districts md
In the West than they are in this
immediate neighborhood.
We can see no prospect of a general
improvement In Industrial business for
some time to come, with the exception
Of one or two lines which were the
first to feel the depression, such AZ
the wooden business, the shoe bust
ness, and one or two others. Although
business showed signs of revival a
month or 30 ago, today 1t is again at
the low ebb.
The Washington times., 1921-08-28
Poor Wheat Yields.

LEESBURG, Va, Aug. 23-Probably
the poorest wheat yield in Loudoun
county is that of Charles Shoemaker,
OIL the Paxon farm. From forty acres
he took eighty bushels. Charles Ora.
ham. of the same section, got but seven
bushels an acre. Both places were
struck by a bad hail storm.
The Washington times., 1921-08-28
Summing Up.

To sum up. although we are not
optimistic on the immediate outlook
for any advance in the general stock
market, we are conservatively opti-
mistic on the general situation as a
whole. We shall doubtless, during
the next few months, see a good
many failures of small Industrial
and manufacturing concerns, but
gradually the larger and more i'm
portant situation are being taken care
Of, and each week general financial
conditions are improving.
The money strain, which we be-
lieve We shall see during the next six
weeks or two months, due to crop
movement. is a temporary one and
we believe that after the turn Of the
year we shall see easier money con-
ditions than for many years past, and
that high grade investment bonds will
gradually improve in price and sell
upon a lower basis Of return. We
feel this Is the time to pick up long.
term bonds yielding a high rate of
return. and feel confident that in a
period Of a year these bonds. IL care.
fully selected, will show a handsome
profit.
1t is our desire to make this service
as useful as possible to our CORE.
spondent5 and customers. Our plan
Is to issue the summary monthly and
we shall appreciate any suggestions
made with the idea Of improving
| these analyses of conditions.
, 1921-03-07

Father, what is the difference Hbe-
tween visit and visitation?"
"Wel Sammy, when we go to grand
mas it's a visit, but when grandma
comes to see US it's a visitation.
, 1921-03-07

TDR1IS- 80 cents moHtaIy lii ut0Ia ce
2 cents per single copy.
Entergd as s8c0nd-c5usS matter .b'G5
25fh 1917U the Post Office Ut C}nj$6t1n
&ted, st. Croir, Y. /. OF tie Il. :. J.. TX
der the Act of March 3. 1879
Contribution to this paper wU = gj1d
" received Oh8n the 81 ne de It's rim MT
tors of general interest, an2 Is &C ompa-
Ujed with the uUttor' name, rs It GUAR
ontee Of good faith. The editor connot b.
responsible for the vjsWs of his cofrespon-
dents nor does he necessarily endorse them
L want to be excused" said a wor-
ried locking juryman addressing the
Judge, L owe a mar $40 and as he is
leaving for a post abroad to be gone
some years, | want to catch him before
he gets on board, and pay him the $40.
1t may be my last chance.
"Ycu are excused returned his
honor in icy tones. Il don't want
anybody on the jury who can lie like
that.
Old Dinah attended church commun
ion regularly. but it came to hef pastors
ears one day that she had stolen a hen.
Accordingly, the next time she partook,
the good man rebuked her privately.
Miss Dinah," he said, L should
think you'd be ashamed to conn to COM
munion when it is generally known that
you stole a hen.
Man goodness, pawson." said Dinah.
''Ah wouldn't let no hen stan betwlxt
me and de Lawd's table.
Warden Say, what's the big idea?
Why are ycu bringing the prisoner out
to the gallows today? know we have
to hang him tomorrow but why rub
it in?
Assistant Well, you know, boss,
we've never had a hanging before and
| knew you would want it to run smooth
ly. So / thought it would be wise to
have a little rehearsal just to show the
prisoner the ropes.
New Britain herald., 1921-11-03
APPROXIMATION
 MEETING CALLED
George Cans Win Have Zionist Gath ering Ut His Home On Saturday
 Evening of This Week.

A preliminary conference of the delegates for the Zionist convention to be held at Turner haIl in this city on Sunoay will be held at the office of George Cans on Main street Satur- day evening. The sunday cunven- tion program is as follows
 a. m'JRe gistration of delegates, Turner hall.
 10 a. In,-7tirst session. Opening by chairman of conVontion committee of New Britain, samuel !, kapIan;; Message by chairman of regional union, Reuben Taylor Election of convention officers, Appointment of committees. Report of supervisor. Abraham Goldstcin. Report of sec retary. Miss MolIie ScItzly. Report of treasurer, Lazarus r. Toft. Dis cussion of reports. Adjournment
 1 ?. m--Lunchfqn at Turner hall. toastmaster Abraham Goldstein; speakers, Lcuis Lipsky. Alb. Goldberg. |. 2;39 D. m.-Second session, Report of organization committee. Plan for keren Hayesod work in the state to be presented by Isaac Carmel. Re- port of resolution committee Re port of budget committee. Report of nominations committee. Elections.
 Closing addreSses-Rabbi A. Nowall of Hartford Rabbi J. LeVenberg of New Haven, Rabbi R. x. Rosenberg Of Norwich, Rabbi J. D. Jurman of Waterbury, Rev |, First of Meriden.
 8 D. m.-Mass meeting at Turner hall, George Cans, chairman, Speak ers Peter J. Schweitzer Louis Lipsky, A. Goldberg, Isaac Carmel
New Britain herald., 1921-11-03
TORRINGTON NAMED
 AS CONVENTION CITY
Next Session of state sunday school Association VIII Bc Held In
 LitchfcId County City.

The next convention of the COnnec- ticut State Sunday schools will be held at Torrington on an invitation extended by the gcouncil of churches. Just what church it will be held in will be decided during the ensuing year.
 The officials of the convention here report a very successful session and the registration was as large as was expected. Yesterday there were more than 300 registered which brought the total up to zoo. Today there were more enrolled. Every service was we'll attended sand the speeches given were most interesting.
 The convention will close this eve ming at 9:30 o'clock. Miss Margaret Slattery will give an address at S:45 o'clock on, '"rhe Christian Answer to a Wounded World" The talks given by Miss Slattery have been very in terestine and she always has a large and attentive audience.
 The members of the convention were the guests of the Rotary club at it's luncheon at the Elks' club this noon.
New Britain herald., 1921-11-03
CITY ITEMS

Victor records for November. c. L. Pierce X CO,--adTt,
 The creditors of Joseph Beloin will meet in the office of Referee Edward x. leomnns at Hartford at II o'clock on November :. Lawyer NJ. b. Sake is counsel for Beloin, who formerly conducted the Hotel Regal on Church street.
 Judgment has been reserved in the case of Sargis lsaaCs against Baba pcra, which was argued yesterday in city court before Judge E. W. All ing. The suit is for the recovery of $200. Lawyer M, D. Sake is counsel for the plaintiff and Lawyer J. G. Woods is counsel for the defendant Victrolas and Pianos. Henry MOrans
 --advt. A lecture and dance will be held this evening at Judas hall by Com modore John Barry Council
 Hear Victor record by local boy, "Oh, Joy,' played by Phil Ohman. C. l.. Pierce & Co.-advt.
 St. Mays Sodality will hold q whist and social in St. Marys school hall this evening.
 The Altar society of the church of St. John the Evangelist held d whist and social this afternoon in the church hall
New Britain herald., 1921-11-03

gvfiun that he school committee AIrG an architect with an annual salary passed the council Alderman Puuu- cssa, who introduced the resolution, stated that he felt such action wise since lir board expended large sums of money In connection with other school extensions and since there is now an elaborate program before that, body, he felt the movement most time. ly.
 The water board was empowered to. purchase 1000 feet of six inch water pipe at t cost of $500,
 On Comfort station.
 The comfort station committee was instructed to prepare sketches of a proposed comfort station at the south end of Central park, the site picked Dy the City Plan commission.
 Several reports of the board of pub4 lie works were adopted, -- "t
 The mayor was empowered to ex- pend $200 for the revision and index. ing of the charter and ordinances. When ,he resolution to that effect was introduced, Alderman Paonessa raised the objection that the corporation counsel Is paid for this work and out side help should not be provided for him.
New Britain herald., 1921-11-03
WOMAN 5 CLUB HEARS
 TALK QV NEAR EAST
Address Gives Historical Background For Wash-
 ington Conference.

Rey. D. Brewer Eddy of the Ameri- can Board, gave an interesting lee ture at the first regular meeting of the Womans Club Tuesday evening. 1t was masterly presentation of the historical backeround of the Wash- ineton conference concerning the tri- angular relation of America, China and Japan, He followed the Oriental problems from the point of view of each country and showed China. after decades of spollatIon coming to Us after We have shown her six decad s of friendship and help. literally ask ing Save, or We perish
 Of Japan he said he admired her rapid development and her wonderful adaptabllty. He said he can see many lessons set before her by the western nations which we deplore today. All thel trcspasses of the past seven years and her apparent duplicity must be viewed in the light of the over shadowing fact of her dual govern ment.' said Rev. MT. Brewer. Japan has. q parliament and she has also q military staff which Is not responsible to her parliament. The great problem of Japan today is the struggle between the liberal party and the military party The magazine writers of this country are now Cognizant of the con ditiOns existing over there and the press of Japan is crying out against il. JingOnism in this country is StriY- ing to blind us to this explanation of the judgment which must be mctod out to Japan at the conference.
 our defense,' said the speaker, ''rests on the reliability to justice and truth of the liberal party when the military staff is controlled, Pre- mer Hara's record is one of libcra- tion. Some of the Japanese repTesen tatives at the conference have come primed by the military staff and pur posely kept in ignorance of real facts of Japan's treatment of China
 We welcome Japan into this con ference hoping she will see a new light upon her five colossal blundcrs since 1914" said Rev. Mr. Eddy.
 There will be no place for ideal ism in the coming conference was the opinion of the speaker but the inteG- rity as interpreted in international law, treaty rights and the agreement of the financial constitution. There is no need to go into what was wrong but only to seek what was right un- der the international law. Anglo SaXons have discovered that the path to prosperity lies not over the pros trate bodies of the conquered but by the good health restored to the weaker nations, and may we hope that Japan will share us in this hertage,' concluded Rev. MT. Eddy
New Britain herald., 1921-11-03
SULPHUR CLEARS {.
 ROUGH, RED SKIN
Face, Neck and Arms Easily Made .., smooth, Says Sperialist.

Any breaking out of the skin. even fiery. itching eczema, can be quic5ly overcome by applying a iittleSsMen tho Sulphur. declares a noted%sk in specialist. Because of it's germ de- stroYing properties, this sulphuripre- paration begins at once to sootbe ir- ritated skin and heal er'ptjonst such as rash. pimpes and ring worma.
 It seldom rails to remove the tor ment and dstigurement. and you do not have to wait for relief from en- barrassment Improvement quickly shows Sufferers from &kin trouble should obtain small jar of Mentho- Sulphur from any good druggist and use it like cold cream.