davidaulloa/AmericanStories huggingface dataset:
Perth Amboy evening news., 1921-05-31
36 6 10 81 10
Lyceum F.. c.
II 5 n II
Slated for G. Nesley in ninth.

*Batted for G.. Nesley in ninth.
Score by innings:
Aquehonga 20 2 0 0 0 0 8 1 Ks
Lyceums go 0 0 0 0 0 0 0 90
Summary-Two base hits. Arbo-
CAST 2, Romer. Cab; left on bases,
Aquehonga IL, Lyceums 5: bases on
balls, off Romer 2, off Seplacky 3;
struck out. by Romer 10. by Seplacky
2; passed balls 0: double play, Leahy
10 Coley. Umpire, Robedee. Time
Of game 1:50. Attendance 500.
MONDAYS Game
Perth Amboy evening news., 1921-05-31
- % 0 81 IL
Au-CoIJaotou

All ollegians 0 0 2 0 0 0 0 0 %
Summary-Three base hits 0; two
base hits, Ballard; left on bases
Aquehonga 4, All-Collegians z; bases
on ballsss off Romer 1. off Dunn o;
struck out. by Romer 10. by Dunn Z;
Umpire. Robedee. Time of game,
1895. Attendance 500.
Perth Amboy evening news., 1921-05-31
A. c.. SPRACUE

Authorized agents for X. G. Weld
ing and Cutting Equipment. Acety-
lene and all welding supplies. s42
High street. Phone 1883, Perth
IAmboy. N. ], ~
Perth Amboy evening news., 1921-05-31

Saints $50. 0 . 0 0 3 2 1 %
Arrows ..... 0 0 0 3 0 0 0 3 0--5
Summary-Three base hits, Chris
topherson and Burns; two base hits,
Burns and Leary; sacrifice hits.
Tague. Warner and Brownmiller:
double play, Jeroff to B~rownmiller;
struck out by Jeroff 8: Harvey 8;
bases on balls off Jeroff 2. off Harvey
2: hit by pitcher. Harvey. Geary).
Perth Amboy evening news., 1921-05-31
Amboy Men Mt County Seat

Louis Urban. new owner OF the Shoe
Repairing Shop, 1914 Hall Avenue. will
not be responsible for any debts CONTRACT
ted prior to June list.
Perth Amboy evening news., 1921-05-31

Schrimpf got At. With both men
tied at 90 out of 100. a 25.bird shoot
off was decided upon. In this
Schrimpf got % while Wilson broke
81.
w. C. Dancer. of Cranbury. shoot
ing with the Dayton club. made the
highest score of the day for the en-
tire 1875 birds, getting Ill. These
included three singles at 25 birds
each. one Is bird double and one 10
bird double.
S. j. Ohler, of Dayton. won the
loving cup for high man in the first
IS targets with 72. He received a
loving cup. Schrimpf and Wilson
tied for second and third with II, a
razor and clock being the award. A
Duryea and A. r. Wilson won fourth
and fifth prize, the former $2 and
the latter an umbrella.
Amboy Men at County Seat
A number of the Perth Amboy
Gun Club members went to New
Brunswick yesterday, where they
took part in a 100 target event. e.
r. Woodward. of Clinton, was high
gun with rs. John Hansen took
second with III. A. l.. WINS, of
Red Bank. and Oscar Mundy, OF
Perth Amboy, tied for seventh and
eighth with 100. DIR. Hartman
broke 80, and George Parsons 81.
Perth Amboy evening news., 1921-05-31

'Applegate. p .......... 8 0 0 0
The Washington times., 1921-07-03
BIG TAXES CAUSE
S. 0. CO. TO STOP
mex. SHIPMENTS
Other American Producers Are
Now Expected to Take
Similar Action.

charsctsrtxing the new Mexican tar
on oil shipments as "confiscatory'
and "prohibitive" the Standard OIL
Company OF New Jersey Announces
that II has stopped shipments Of
mexican oil and made arrangements
to meet all requirements through
other measures.
Other American producers of petro-
leum In Mexico are expected to take
similar action As q result OF the en-
forcement of the now export tax
which they state makes IL impossible
to market the oil profitably in this
country.
In announcing it's decision, the
Standard OIL Company declared:
Under extsting marketing and
economic conditions these new taxes
arc connscatory and prohibitiye and
We are advised that they are uncon-
stitutional from the standpoint OF
Mexican law as we'll In these cir
cumstances, this company had no
alternative but TO discontinue ship
ments of Mexican oil, and withdraw
its tankers from that service
Arrangements have been made to
meet all Its obligations by utilizing
stocks on hand and other available
sources OF supply"
The statement also alleges that
under the regular system OF impos-
Ing ad yaloreum taxes on oil exports
while tho percentage to the selling
price 10 not unreasonable, the manner
In which the Mexican Treasury De-
partment 1xes the value has brought
the taxes UP to more than double the
amounts legally assessable.
The Standard OIL Company and
other American producers have often
protested against this Imposing OF
export duties. While assurances of
fair consideration and promises of
relief were usually given, they say
that no real hearing has been grant
ed. Sworn ngures submitted by the
producers are ignored and the valua-
tions instead of being reduced have
been progressively increased. The
statement adds:
These taxes have been paid under
portest and suits brought In the
Mexican courts to test their validity.
without. as yet, any relief being sf-
forded.
Effective July 1, 1921, the old law
was repealed. and two new decrees,
recently promulgated by the Chief
Executive took its place. Their Gu
mulative effect is to impose upon oils
exported from Mexico taxes amount
ing TO practically 100 per cent OF
thier value. Protest to President
Obregon has been made without
avail /"
The Washington times., 1921-07-03
Cotton Acreage Is
Largely Decreased
This Year

The area of cotton in cultivation
this year In the United States IL
about 26.51e.oo0 acres, as compared
with 37.043.Oo acres in cultivation a
year ago. being a decrease Of 10.524.-
900 acres. or 2s.4 per cent, the crop
reporting board Of the Bureau Of
Crop Estimates announced today.
The condition OF the CROWN crop on
June IS was 69.2 per cent. of a normal
condition, as compared with 66 per
cent on May 25. 7o.7 per cent. on
June IS, 1920, and Ts.s per cent of
the average condition for the past ten
years on June 25.
A condition OF 6s.2 on June IS fore
casts a yield per acre OF about 1922
pounds and a total production of
about S,433.o00 bales. That is, the
fnal outturn will probably be larger
or smaller than this amount, accord
ing to conditions hereafter are bet
ter or worse than average conditions
Last year the production was 1885,
T54 bales. two years ago 11.42o, 703
bales.
The Washington times., 1921-07-03
THE PHILIPPINES.

Then there are the Philippines. To-
day and yesterday and for twenty
years of yesterdays, we have discussed
what we should do with the Philip
pines: we are discussing 1t today.
From what Viewpoint Always the
same--from the viewpoint OF liberty.
fraternity and equality. from the
viewpoint OF education and culture
and self government: never from the
viewpoint OF industry, commerce and
national welfare. either for Americans
or Filipinos.
Yet we paid $40. 900. 900 TO Spain for
the Philippines and the islands have
cost us more than $40, 100000 a year
for twenty years. They are an en-
pire, a Sich empire.
BY developing them we could have
added and could be adding this very
day, immessurably to their wealth
and ours. their comfort and ours, their
popular welfare and ours. But we
denied them and ourselves these ad-
vsntaRes, because we were afraid of
being suspected Of business natives.
And today, though the Philippines
have raw materials that we can ILL
AFFORD to do without. we have a COM
mission discussing >be question of in
dependence, entirely from the political
and philsnthropic viewpoint without
an apparent thought of the com
mercial factors in the problem
The Washington times., 1921-07-03
WHAT WE MUST DO.

These examples have been selected
for the reason that they can be dis
cussed without incurring the sus-
picion OF partisan or even political
prejudice. They involve several ad-
ministrations and both parties. They
are part and parcel of policy which
affords scores of similar instances,
all pointing tho same way.
why are they noteworthy To
show that, II we are going to do
business with and among the rest OF
the worlds nations in the so-called
new era, we have got to change rodl-
cally our point of view and our Gov
ernment policy; that we have got to
realize the American people though
not living by bread alone. must have
bread and plenty OF 1t to live at all:
that with 105,00o.0O0 Americans here
and a million and a half more to
come every year II IL OF the gravest
Importance that every commercial
opportunity be offered them to feed.
clothe and shelter themselves in the
best possible manner and that II Is a
foremost duty Of Government to open
the way, as far as 1t lies. for ,ne
achievement Of these results.
The Washington times., 1921-07-03
Tariff Will Help
hdustry---Fordney

~ do not herald the bill panacea for all national diff
cues but do predict with great confidence that its effect upon
American industry and labor will be entirely beneficial said
Chairman Fordney of the House Ways and Means Committee.
in prepared statement yesterday the pending tariff BILL
The purpose of the bill Is to enable American industries to
meet the competition to which they subjected
Mr. Fordney continued Ihe inadequate tariff law
books making the task of readusmen in commercial and
business life douby severe"
The Underwood law "does not protect American industries
and does not guarantee the American market for American
products Mr. Fordney asserted declaring that because of
viva of industry in Germany the German exsodier finding
employment in his native land the increase while the Amer
can soldier is encounerng difficulty the days BY in
securing employment"
Existing rates of duty permit products from Germany Japan
and other countries to enter the American markets at far less
than the American cost of production with displacement of
American labor heinevitabe result Mr. Fordney argues
"The rates prescribed In the tariff bill will stimulate
American industries and revival of business in general
he predicted.
The Washington times., 1921-07-03
BUSINESS AND FIN A N c.
Rediscount Probe Is
Asked By Sen. Smith
EDITED BY
WILLIAM N. CONRAD

Declaring that he had been informed by the Treasury that
the Federal Reserve system had surplus of about one billion
dollars sin of all requirements Senator Smith, Democrat
South Carolina declared yesterday the Senate that there should
be investigation of the ediscoun maintained by the
Reserve Board
Why should have redscount rates of and per cent
when have billion dollars of unused gold he asked
Charging that the Federal Reserve banks calling loans
forcing farmers and business into bankruptcy although there
ample funds commerce. the South Carolina Senator de-
caed this he most monsou showing made in the
midst of the agricultural and business distress"
Senator Smoot, Republican, Utah, said there were two
sides to the question"
"This is world condition." he declared "The trouble is
that foreign countries cannot buy agricultural and other
products"
There is danger in the pling up of gold in America he
asserted adding that there was too much gold here.
The Washington times., 1921-07-03
Wall Street GOSSIP
A HOLIDAY MARKET.

The exchange Ia closed until Tues
day. and with the exception Of selling
in foreign oil stocks the market
showed no direct tendency.
with the possibility of several I'm
portant happenings over the holiday
traders were unsettled as to which
position to take.
The two most important factors are
the railroad labor situation and the
Mexican oil problem.
With the four brotherhoods to an
nounce their stand on the wage cut
buying of the railroad stocks slack
ened.
The Mexican oil situation has many
traders wondering as to just what 10
going on. There 10 q persistent un-
official report that Mexico has put
censorship in force on all dispatches
and little Is known of what Is taking
place. II Is said that some companies
will withdraw their tankers and stop
shipments while the Mexican tax is
continued in operation
Such action would, no doubt re-
suit in the abrogation. as the Mexican
government 10 not likely to idly stand
by and lose it's income. Should news
over the holiday be favorable there
10 a likelihood Of strong opening
Tuesday.
The Washington times., 1921-07-03
BUYING FOR use
NOW IS FEATURE
OF J0BB|NG TRADE
Textile Reports Are Favorable,
According to Bradstreet's Re-
port Just Out Today.

Outstanding features of the week
are further quieting down of trade
at wholesale, a slower pace in most.
not all. Industries, continued slow
collections and a rather more spotted
crop situation" according to Brad
streets trade review issued yester-
day.
Buying for immediate use and pre-
inventory purposes features the job
bing trade, while cut-price sales of
summer goods have already begun at
retail. Stocks of retail merchants are
claimed to be rather light.
The textile reports are some what
more favorable with so to 90 per cent
of capacity at work in some lines.
woolen. cotton and silk lines rend
the best reports indicating that the
more immediate human nesds are the
chief concern of buyers. The r ew
continues:
THE automobile trades send con-
flicting reports, record-breaking out
puts being reported by some makers
of the lower-priced cars. although
the response to recent cuts by nearly
half the country's manufacturers has
not been entirely encouraging. The
largest producer of lcw-pricsi cars
reports all daily and monthly records
of outputs broken in May. Dealers
report a fairly active response to
cut in tire prices.
"The shoe manufacturing trade
returns rather quiet reports from
the east, but leading western fac
tories report operations at full ca
pacity. Leather and hides are rather
quieter as whole.
I'm the petroleum Industry the re-
ports are OF record stocks of crude
and refined and of further seepaSe
In prices New low levels for prices
of crude and reductions In prices of
gasoline and kerosene are features
of the week. but further reduction
in crude is noted"
The Washington times., 1921-07-03
Savings Bank Deposits
ShoW Big AdUance

Average savings deposits have shown steady increase
during the period since 1914 being s6o336 last year. as COM
pared with s54f 90 ten years ago.
This is taken good sign by savings bankers II IS
ascbed rather to increase the savings capacity of the small
than to the tendency Of savers to utilize
ngs bank facilities This subsanaed by the steady mounting
Of total savings deposits which has accompanied the rise in the
average deposit
gratifying feature Is also found in the increase In tho
insurance policy for life insurance companies over the
period since 1902
only the wealthy classes brought out by the average
of 81, ,255 in 1889.
modest the average fell reaching 4oo in 1909 This
among hs modera nco. c.s s;rcs then he Level has in
creased somewhat due is believed to the of the army
facilities insurance much of which was written for around the
IS 900 limit
The Washington times., 1921-07-03
CASE OF ALASKA

And Alaska The original idea In
sonserving Alaska was equal oppor-
tunity, equal liberty and fraternal
cooperation in bringing the wealth
Of the land to the surface and mar
keting the products without special
interest or privilege for anybody.
The Government has secured its
ideal OF equality. but 1t Is the equal
ity of stagnation, tho equality Of busi-
ness paralysis. In a way, we have the
ideals, but we have no business.
And the Government rests easy: at
least, 1t is not sordid. 1t is not to
be suspected Of dollar policy In
Alaska, any more than or dollar
diplomacy in Mexico OF dollar de-
velopment in the Philippines.
The Washington times., 1921-07-03
MEXICAN PETROLEUM SELLING,

Traders are still puzzled by the
continued selling of Mexican
Petroleum despite statements that
there are only 100000 shares of the
stock In circulation
However. the turnover of from
so. 900 to $4,000 shares daily easily
be made without leaving an ex-
tended short interest.
Those who were behind the SELL
ing months ago could have assumed
an original position with few
thousand shares and then worked
on daily transactions.
with the wide fluctuations in the
stock II would be comparatively
easy for small clique of expert
enced operators to trade in and out
four or fve times a day. Such
manipulation would leave them pro-
tected whenever the market closed.
or course, II the Stock Exchange
desired to fnd out who was con-
Quoting the. manipulation II could
easily do so-but the Stock Ex-
change apparently is not going to
do any such thing, despite Mr.. Do
heny's challenge.
The Washington times., 1921-07-03
THE CRY FOR BUSINESS.

The people cry out for business
for commerce. today; II is . matter
OF decent living to get It: yes. some
times a matter of life. or politics
and political philosophy they have
enough and/to spare. They want In
dustry. wages. employment. pronts
Business. What can government dol
1t can exert itself to respond to thai
need. as q European government
would. There are countless cases In
point The most notorious Is Mexico
For years Mexico has been han
died with no regard for American
business. A billion dollars OF Amert-
can money invested in the country
an international trade at stake; a
general need Of Mexican raw ma
terials for American industry aad OF
American manufacturers for Mexico
that was the real situation as tar
as American interests were con-
cerned.
Yet. II was hardly mentioned
Government officials talked OF the
sacred right of revolution and OF
liberty, fraternity, equality and othor
political ideals, while a section oi
American prosperity was laid In
ruins-not large section to be
sure, but enough to count in days
like these. And the gentlemen then
in Washington regarded 1t as sordic
to even consider this loss in thsii
governmental policies.
The Washington times., 1921-07-03
SINCLAIR OIL POSITION.

Sinclair OIL will be affected the
slightest of all the American COM
panies operating in Mexico by the
proposed import duty. OF it's exports
from Mexico about 2b per cent. come
to this country.
Whatever tax on these shipments
10 ultimately enforced. II will be
more than onset by the benefits de-
rived on its domestic production.
Sinclair has 4 very strong position
in the American oil nelds, and with
its large pipe line and storage sys-
tom, IL 10 in q position to enjoy any
Dement'S that may be derived by
American producers from the new
tariff. The company has established
an extensive business in Cuba, where
IL 10 now shipping q good quantity
Of Its Mexican production.
The Washington times., 1921-07-03
INDEPENDENT sTEELs-

The proposed tariff should help the
independent steel companies some
what. but II is doubtful II the effect
will be as beneficial as hoped for in
some quarters.
European countries, and Germany
especially. with the low rate OF ex-
change. can sell steel in this country
at an advantage, even with the new
tariff operative.
Belgium also has commenced un-
dersel1ing domestic producers Cut
ting of prices never brought orders to
the steel manufacturers.
It IL hen the consumer begins to
realize that prices are at the bot
tom that he buys in the fear of an
Increase. Consumers have not as yet
adopted this belief.
The Washington times., 1921-07-03
MEXICAN OIL STOCKS.

The Mexican oil companies will be
subjected to heavy burden by the
new tariff.
For this reason the formation Of the
British Mexican Petroleum Company
appears to be one OF the most far
sighted actions taken by the Mexican
Petroleum management
Through this company II will be
able to sell goodly portion of its
crude oil abroad. taking advantage of
the British governments measures to
help British companies
The Washington times., 1921-07-03
INTERNAL. MOTOR EARNINGS.

International Motor Truck stock
holders found enclosed with their
dividend checks the following state
ment: 'Your officers are pleased to
report that the experience of the
corporation during the first half Of
1921 has been one of progressive
monthly Improvement. Trucks in
voiced to customers since January arc
in excess of 2,4o0, or at the rate OF
20 per cent of last years business.
Net current assets are in excess Of
sec, 100000. Cash In over $500 600.
while notes and accounts receivable
have been reduced more than $4,000
600 since January, and will be re-
duced still more during the net 81 (
months Commitments for material
are very light, and only for current
requirements"
The Washington times., 1921-07-03
SHORT SELLING

Short selling Is. no doubt, necessary
for the stabilization OF security mar
kets. but when not closely supervised
IL is a terrible weapon of destruction
In the hands of buccaneers
The Washington times., 1921-07-03
WASHINGTON OIL STATEMENT.

A dispatch received in Wall Street
by a broker late yesterday stated
that the Cabinet will probably makr
an announcement on the Mexican sit.
uation shortly.
The Washington times., 1921-07-03

IN freight rates, which averaged
about IS per cent for this road
when II was made, but has been
impaired somewhat by down.
ward revision of coal rates, par
ticular1y to the lake ports.
Passenger revenues thanks to
the 20 per cent advance in
fares, were practically the same
as a year ago.
For the last three months for
which reports have been made
the Baltimore & Ohio has
earned Its fixed charges, but
only just earned them in May,
while for the five months the
operating income of S7,3oo,33t
compares with net charges, less
other income, of approximately
$4,000, 900.
Yet it is not unlikely that
Baltimore & Ohio will finish
the year with fixed charges and
preferred dividends covered and
a substantial balance earned on
the common stock.
Considering the normally
heavier movement of traffic in
fhe eerord half of fbn ,,a,r Il
The Washington times., 1921-07-03
U. 8. RUBBER DIVIDEND.

United States Rubber directors are
said TO have held an executive meet
ing, and as a result the prospects for
the regular dividend declaration next
week are not considered bright
The Washington times., 1921-07-03
ADVANCING
WASHINCTON'S INTERESTS
B. & @. Common May
Get OUer 3 Per Cent

Baltimore Ohios May gross revenues were the smallest
nce April 1920 except the short month of February this
year feght off 6 per cent despite the increase
The Washington times., 1921-07-03

There is of course the practical certainty that with lower
shop costs and improving traffic prospects the management
would be mpeled TO spend money literally upon repair
of equipment but there equal that the second half
OF the year will bring materially heavier volume Of traffic and
earnings without any particular revival of industry Fur
themore relief may confidently be expected from the
abogaton of the national agreements and substitution therefor
of terms still to be fixed.
Gross and net operating income for each month
this follows:
The Washington times., 1921-07-03
AAuRoAD MERGERS.

A good volume of the buying Of
railroad stocks is on the belief that
several important mergers may be
announced soon.
The Washington times., 1921-07-03
MONEYand TRADE
What Government Can Do
What Must Be Done.
The Cry for Business.
Mexico and Alaska.
d. GEORGE w. HINNIAN.

CHICAGO. July 2.--'whst govern
msnt can do" that IL the title to
which Herbert Hoover writes in .
current magasins. II suggssts sew
eral things.
Every other government that II
civilissd and solicitousk for national
welfare IL devoting large part OF
its attention to commercial and In
dustriai welfare. Even France. In
her aggressions. and England. In
her colonial enterprises. are Intent
on more territory. more customers.
more exports, more industry. more
employment. more wages. more wealth
at home. They follow these itsms In
their political aots az precisely A. q
man goes step by step UP pair OF
stairA
We are told constantly that We
are involved In European Affairs,
must be one Of the great powers OF
the world. must mest Europe on
her own level and In her own field.
Well and good. Suppose all this
to be true, within limits.
Then surely we must recognise
Europe's commercial viewpoint. ao-
custom ourselves to Europe's COM
meTcial ways and talk Europes
commercial language. Otherwise we
shall be a. an innocent among
horse traders. . blind man among
those who See