davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
Markets in Other Cities
Baltimore

sa,e. opcn. High. Low. Last.
{ g ns ss ST.: ss~ ~ !; ssssx ~
,s g B Bsiss pr chem. ssx s ssA $
Is Mt Vernon. Al ~ Al Al
220 Un Rwy....... s
$1,000 Con Coal AS. T.. y T. r.
1000 do bs........ TN ~. III ~
5000 Con Pwr ss. s7H Ply 9 9aM ZIP ZIP
1000 Un Ry inc As. AN 41A ii Al
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
Desires Short Term Safety

-. 9uestion--Your opinion OF American
Telephone nns Telegraph Company capital
stock purchnacd mt $9975 and 14O rights
~ % cents. total cost for twerty-eisht
shares s2s6720? have for Immediate
investment $4,000. which would Hike TO
invest in profitable bond for which there
IA ready market at all times, inasmuch
as IT may bc necessary to turn same into
cash at short notice. In your estimate
what bonds would you suggest paying
gold at all times without loss About
October ! viii have available approx
inately ~. 000 which ! wish to invest In a
similar manner stated above What il
would you recommend additional money
IN American Te1ephone and TELEGRAPH
Company stock PHI. j, G. -.
Answer-We think American Tele-
phone and Telegraph stock is an excel
lent business mans investment. 1t
shows you profit and a good yield,
and we Suggest that you hold it. With
respect to your other investments, you
must make up your mind whether you
wish to keep your principal unimpaircd
or seek profit. for profit possibilities.
in the nature of things, involve COM
pensating risk of loss. That is espe-
cially true In your case, because you
may need cash at short notice and
therefore would have to take what you
could get for your securities. Accept
ances can be had to 80, so and 90 DAYS.
yielding S and 5h per cent, and they
offer safety as secure as the bank Gre
ating them. Victory notes are safe and
do not fuctuate much. You might
also consider equipment trust certif.
Gates.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
A Good List, Well Diversified

Question--Do you think the following
safe as to principal and interest? All but
about $4,000 show a. decided appreciation
over purchase price. Kindly inform me OF
any suggestion 20 may have as to change
in any of the investments or IL you think
the list satisfactory: $1,000 American Tele-
phone and Telegraph collateral trust per
cent; $1,000 Belgian Government ~ per
cent: $500 Baltimore & Ohio gold 4 per
cent; $1,000 Bell Telephone of Pennsyi
vaEia z per cent; 900 Chesapeake &
Ohio convertible per. cent; 81, 900 DUPONT
de Nemours IA per cent; $1,00 Kansas
City Southern refunding per cent; 81, 900
Niagara Falls Power per cent $1,000
Pennsylvania Railroad gold n per cent;
$4,000 United States Rubber per cent;
81, 900 Virginian Railroad per cent; $3,
5000 Westinghouse Electric and Manufac
turing Company per cent; $4,000 Lehigh
& New England general mortgage per
cent; $1,000 Pacific Fruit Express equip
ment trust per cent; $4,000 Duquesne
Light per cent; $4,000 Liberty bonds,
various issues.-E. H. G..
Answer-You have thoroughly good
list, we'll diversified and safe both as
to principal and interest, we think
There are two railroad bonds in it
which have slight element of specu-
lation in them, in that they are bonds of
the weaker companies. But the Balti-
more & Ohio As are SO near the rails
1--WE are assuming that it is the first
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02

The Tribune prints each day the
maturity dates Of all actiue bonds quoted
on the Ne1c York Stock E1chanGe. The.
return, on a bond to the inuestor depends
upon three factors: the rate o. interest
the security bears, the market price,
aud the distance OF the maturity date
To figure the precise yield on a bond it
is necessary to use yield tables, but the
approximate yield can roughly be figured
out By the following formula: Divide
the closing quotation on q bond into
the rate of interest it pays, and the rs:s
suit sciH be the annual return II tkc
bond is selling below par you must
allow also for the appreciation Of the
principal To do this subtract the mar
ket quotation from par, or 100, and d.
vide the remainder by the number of
years the bond has to run before ma,
tarity. For example, if 8 per cc7sa
bond is selling at 80 and has ten vsnYS
to run, the annual return scfu be 6.s0
per cent. The difference between par
and the market price wiu be 10 points,
subtracting 80 from 100. Dipsding ten
points bv ten years the quotient soilt
De /. This figure is to be added to 6.ss;
which is the annual return, and the re-
suit, 7.66 per cent, aoill give yoa the up-
protimdte Weld.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
Federal Reserve System,
Shows Continued Gains
Further Advance III Ratio Of
New York Bank Also

The Federal Reserve system I'M
! proved It's position further last week,
according to the statement issued yes
terday as Of the close Of business on
Wednesday.
| The ratio Of total reserves to de-
post and Federal Reserve note liza
bilities combined rose from s6.5 to eos
per cent. Tho system gained approxi-
mately $22,o0o,o0o in gold reserves,
while member bank borrowings were
practically unchanged.
The Federal Reserve Bank of New
York in its statement revealed ratio
of total reserves to deposit and Fed
eral reserve note liabilities. combined
OF 1876 per cent, compared with TAG
per cent the week previous Its ratio
of gold reserves to Federal Reserve
notes in circulation, after setting aside
IS per cent against deposit liabilities,
touched new high OF 1883 per cent.
compared with Hat per cent the week
before and ALB per cent year ago.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
! !''!!!!::',!!!!. ISSUE, ISSUE

- S3,35O,O00
The Glidden Company
First Mortgage $50 Sinking Fund Gold Bonds
i, Due September
Es i 81 S @ 1 q i T. sS York
comp.n wiursm ithP States mT.x.
Ree"ab whole 1917 and accrued interest
The Union Trust Company, Cleveland, Ohio, Trustee
s.: III IS :i1 s:s E: &: r.:
Coupe" Bonds in Ds s saa 1870 s s 500 with provisions
Amoun uthoszed Outstanding ss,35oooo
ya,P i Company. Deummane ouos:
@ @ IL @ ! : hi ] 81
ss. ,:,s: ; 's .1 d & ST. s s ss ST.
% ;s s; .s Ii R Rs Ii S Or % IS: md
:$ ;: Fl : ;;;; Is: ; :;'s: :;: Il ;
5s g. s @ $ ss ii : T. % sss::; s $
s%ssa bo es ss.s ss. " " net current assets equal 1000
F; So: %5;' s}; 's ] s.
@ Il : e.? IL: 5 3 IS i ; . s e.; :' ';
, hf ns 9 IS ss n 5s' of the Company and its subsidiaries for "
sl ,s s 49, sls $780, slssss7o
ssa a' 70; . s Il Amount s' BY l 4s. s ''''
Maximum annual nys
@ s ;s s ' s's s' ' 's mcguire
e ns eSa s s 1920 are stated exclusive Of allowance reduction
Capitalization Upon completion this
Bonds Aa'a a Outstanding
e s ss:; 5;; q; s 5ss share. ss;ss share.
aassda subject to
ss1a and Interest Yielding sosao
Hayden, Miller & Co. The Union Trust Co.
Cleveland Cleveland
Hallgarten & Co. Ames Emerich & Co.
New York
VI is.Hsss his ssss: has ss:s sa
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02

S,ucs,ion-.i'eing reader OF Tho Tribune
a., noting the extreme trouble YOU 60 to
sosn nnN'9e .ne saving class In their invest
my mother. widow seventy years OF ,re
r Rssu sIisa % ole h ho,idnss viz $4,000 bond
Western R 81 n rnesh per cent $1,000 North
$1,000 Southwestern Bell Telsphono '' mor
nsr, oonu. Sl.ooe Packard Motor Car Com
i rnn} AYE per cent bond. Am also widow.
went to business having a nosit,op a ,,rs;s
a. present pays $40 per week. but expect a
investrssr any asy naye made the following
opinion on. Five shares Au,ericsn IN N, your
S , I'VE shares Bethlehem Steel Z
Nebrassa o 5nrs ISni sharss Standard
Der Per IN per cent note, $500 southwestern
I Ply ie, nN bond, $1,000 Puget Sound
i isu1 ana sar row Sn ~ per cent bond Am
ss possioie. but would sacrifice Yield rather
ana snan principal Could you suggest. say.
w Mye Or y six bonds In addition to the above
Tor either OF us?--Mrs. NJ. c. S. .
Answer-We think that it would h.
safer and more conservative to sh;ft
from the Republic Of Chile "a into
Kingdom of Belgium SIS. and from
packard Motor Car IS into Otis Steel
os' Inc motor car business is highly
speculative, and even with we'll man.
aged company like the Packard a sud
den change in public buying power or
taste may seriously affect a company's
earnings. For yourself we would not
advise American Express Company
stock or Bethlehem Steel per cent
preferred, nor common stock of the
Standard Oil of Nebraska. 1t is only
necessary for one OF these to go back
on you to have far more. money wipe d
out than you would lose over long
0ynn Nv o1x
yieid. We think your United States
Southwestern Bell Telephone and
Puget Sound Light and Power bond
are good Investments. The Northwest
ern Bell rs, which your mother holds,
are, in our opinion, high grade. In
our opinion, the foreign government
bonds offer a high yield with g. high
degree of security and would meet
your requirements. We would suggest,
besides the Belgium IS, Kingdom of
Norway IS, due 1910, recently selling
at 103%; Kingdom of Sweden IS, due
1889, recently selling at 81, and King
dom of Denmark IS, due 1945. We
think that the recently offered Win
chester Repeating Arms 71s per cent
bonds, due 1941, secured by a first
mortgage on the entire manufacturing
pia"' "a the company at New haven,
are good investment. They were
offered at 971h. We would suggest also
Cerro de Pasco convertible per cent
bond, due 1881, recently selling at
lO7h. These bonds are convertible
into stock Of the company at the rate
of thirty shares for each $1,000 bond,
and we think they have an attractive
possibility Of appreciation in market
price. The Western Union Telegraph
Company few days ago sold SIS
100000 GA per cent notes to bankers,
who offered them to the public at 80.
giving yield of sc per cent if held
until maturity in 1886. We think that
these bonds are a high-grade invest
ment, for you especially, to hold until
maturity
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02

Days Neu Issues

A syndicate composed of Haligarten
q CO., New York, Hayden Miller &
Co., Cleveland; Ames, Elnerich & Co.
Chicago, and the Union Trust Com.
pany, Cleveland, are Offering $780,
600 of the Glidden Company first
mortgage per cent sinking fund gold
bonds, due September /, 1896, at e9H
and interest, yielding sos per cent. A
sinking fund has been provided for the
retirement of $4,000 par value of
these bonds per annum, payable semi.
annually beginning March l, 1923. The
company was Incorporated as con-
solidation Of the GHdden. Company. of
Cleveland, with eleven other manufac.
turers and distributors Of paints. war;
nishes, dry colors, kaisomines, linseed
,aEd oriental oils, insecticides. etc, lo-
Gated in number Of the princira!
cities of this country and Canada. The
purpose Of the issue il to reduce In
debtedness and to increase working
capital
Interest on ths Republic ef Gaia
S3S ,00o. 900 3 per cent geld nonds os
1904, due September I. are being p6fa
on presentation ct the ofaes Of Speyer
4 Co. s.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
From Frying Pan Into the Fire

.Qucstion-some time ago. when the pub
nc utility situation was looking particu-
larly bad and having rather a poorly bal
character. sold some Virginia Railway
and Power Company IS and added some
cash and bought Atlantic Gulf and West
indies IS. 1862. thinking that was inn
since found to my sorrow that such waa
not"the case. l recently sold 81, 900 at ~
and still hold $4,000 that cost 49, Would
you advise disposing OF the remainder and
matter OF investing the proceeds of those
sold Something with chance to come
back ! have other funds In conservative
issues. Would you advise disrosinR OF ten
shares each Of United States Rubber frst
preferred and Central Leather preferred
&C. j. w.
Answer--We think that it would be
more conservative to sell your other
two Atlantic, Gulf & West Indies bonds
and also to sell both the Central
Leather and the United States Rubbe,
preferred, although we think that the
United States Rubber preferred Is a
good business mans investment. We
suggest that you buy Cerro de Pasco
IS. due 1881, recently selling at 106M
This gives you a current yield Of 7.63
per cent. The bonds are convertible
into stock at 33 1-3. The stock is now
selling around %, and if the copper
situation improves, as we are inclined
to think it will before very long, II is
quite possible that the stock vii, sell
at high enough price to force the
price of the bond up, and for this rea-
son we think 1t has rather attractive
chance to appreciate in value, besides
being good nvestment as a bond.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
Investment Information

As, due l048) that we consider them safe,
and the Chesapeake & Ohio convertible
Os. have possibilities Of appreciation in
value which we think will warrant them
being included in list such as yours.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
Days Bond Dealings
The Market

Heavy trading and rising strength
in Mexican government issues stood
out prominently IN yesterdays bond
market. The Mexican 6s rose from AZ
to 40 and closed at ASH on a large
turnover, while the AZ moved from 33b5b
to 3eh, The Improvement In these
issues was based on the growing belief
that events are rapidly moving toward
the recognition OF the Mexican govern
ment by the United States. Elsewhere
the market was generally steady and
the total OF transactions ran somewhat
above the average. Of recent days. In
terborough issues exhibited a batter
tone and the refunding IS were strong,
rallying to So. Liberty Issues were ir-
regular.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
Other Corporations

/ 7 ....lo4M
l ....l06,
IL. =. .104H
EBeth Stl LIST
IS 1925
| : -, y2M
rfg IS 1883
l ~. SIS y
| p IN 6sN1936
2 rs
Rklyn Ed gen
Is 1890 sr C.
l -. 100 n
Hr n 1Q9h
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
-Four full columns Of in
Uestment questions and an.
s,cers are published in The
Tribune erery Sunday
Newsprint at $50 a Ton
For Fourth Quarter
Special pi.patch to The Tribune

MONTREAL, Quebec, Sept. 1.-The
fourth quarter price on newsprint pa
per is announced by the Canada Export
Paper Company at four cents a pound
or $50 per ton. This is at decline of
$15 ton from the third quarter price
now prevailing. The announcement is
quite in line with general expectations
here and had no effect either upon SEN
tlment regarding the paper companies
or upon the securities on the stock
market.
1t is generally felt in Canadian
newsprint circles that the price reduc-
ton is a good thing for most Of the
companies, as it may tend to increase
consumption. To some extent they
are now working on only portion Of
their capacity, SO that any increase in
the demand would come as a welcome
development.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02

Negotiations TOR a $5,000,0 600 two
year per cent loan for the Argentine
State Railways have about been con-
Guided in this market, it was learned
yesterday. The National City Com
pany and the Guaranty Company of
New York are understood to be in
serested jointly in the loan. The pro-
eeeds are to be used for the purchase
Of American-built locomotives.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02

i i ~ !.
All Fruit co
Is terra 8 I CIV
. 10 1894
! T. SO
All Ref deb
s " q 1881
1 t0tA
2 .101 q
Atlas Pow
7Ms 1929
2 .... 96h
Ss99E
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02

Alfred. ". Hudson has been elected
yice-president of the Metropolitan
Bank to succeed the late Augustus G.
Corby. It was announced last night.
The First National Bank Of Syracuse
and more recently vice-president Of
tie Semet-Solvay Company, in charge
of finance.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02

Questions Of general iaterest TO im-
vsssors Wiil 90 arswersd in this cot
n'sm, IN which casc only initials ,giA
90 nstd. Others ,oifl be dns.ocred Ju
mail, Address all inquiries, inclos.
ing stamped, addressed enpelopc. 70
Fsndmciol Editor, The Tribune. 15l
Nassau Street, Ncao York City.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
Bank of England Statement
LONDON, Sept. 1.-The weekly
statement Of the Bank Of England fol-

The proportion Of the banks reserve
to liability this week is 1850 per cent;
last week it was 1850 per cent. Rate
Of discount, ga per cent.
Every evening, Wilmington daily commercial., 1921-11-30
tnmuuilare.
DEATHS.

nNnNr IN this city ON November 30
INil MarN tauEhfcr af the late
Nirhsrl and lula nyrnr aged a. years
nur uniicr ~ funeral VIII be given
tANiNpIR ~ Douglas Arizona on
November 81 1921 npnncy =. husband
~ MARY htnNu CaNcndcr IN his 26th
kraf
Relatives friends and members Of
Adplphia iodec No = n of y. are in
,ltrd go attend The funeral SERVICES A. the
ftsiipnrV ~ his brother Theodore W
tANpndrf IN Ncw castle bel on Thurs
haY Afternoon, prtpmhrr 4 AZ O'Clock
lniprmvnt ~ rrcshs icrian cemetery. New
tRsth
,pNNoN ~ this city on November 2s.
1921. tatharlnr schultz wife OF James
n iuuuur in her lnih wear
kplailNpt aud friends are invited ca
attend the funeral from her late resi-
dpnrr iA2s East Thirteenth street. on
Thursday .,mnrninr. Dccemhcr at 9
urinpk Heh mass al ~ patricks X
q thurch at nRn intermrnt at New
Cathedral rrmricrN
tppnNpN ln this city On Noycmhei
"a in2i MARY . Hoodnpw widow o
AutNnuN = finnhnov IN her 18th year
lkssiiVvs and friends are invited 90 at
frnu tie funeral services at the residence q
West ~iNih street. ON Thursday mofnin,
Hi - nviurl lntermsnt AT Roscbanl
esmstrfs Maryland
NtsNtili in this city on November -
lu9l ururre NJ Russell ag,d o. years
Relatives friends mrnh.rs Of psag
1ribe No 3n. ! % X Nj and Nilmup
ton Aprit. No. "a. \ q v Arr invited I,
urnsr ~ his snn.lnaaw Arthur D. Soul
tiN springer street un Friday Dcccmbe
u. 1921 af Clurk lntcrnicnt at silver
hfuuA rrnttrfA
Every evening, Wilmington daily commercial., 1921-11-30
WESTMINSTER CLUB TO BE
HEARD IN CONCERT

The Westminster Choral Club will
give its first concert tomorrow even
Ing In Westminster Church. The can
tata given will be THE Rose Maiden
by =. II. Cowan, an adaptation by r.
L. Francillon.
The entire cantata is rhythmical and
tuneful, and contains many beautiful
ohoruses az well as exquisite solos
and duets The club has so increased
in membership this year that a
special platform is being erected in
the church. Fully one hundred sing
ers Will be in the chorus.
Frederick w. Wyatt is the leader of
the Choral Club and the final re-
hcarsals under his direction foretell a
successful rendering of THE Rose
Maiden"
The soloists are-Sopranos, Mrs
Martin Il. Lewis. Miss Ruth T.. storms
Alto. Miss Mildred Mason. Tenors
Marion J. Minker. Harper Spry. Bas-
SOS. Ramoth Mitchell. Marvin Crossan n,
John Hayes. Jr. Pianist, Miss Pau
line Jones.
No tickets will be sold but a silver
Offering will be taken al the door.
Every evening, Wilmington daily commercial., 1921-11-30

The principle Of publicity and popu-
lar control embodied IN these meas
ires hns been held to be 40 impor-
tant that II has been incorporated in
every democratic constitution of Eu-
rope adopted within the iast century.
In Great Britain this procedure was
adopted voluntarily by Parliament. by
change Of rules. In other European
countries II has be N imposed on the
representative branch by their writ
ten constitutions. Congress has the
power to force our political ioadef-
ship into the open. n II refuses 20
change iis rules to provide for oper
forum discussion IN matters uf finance
Every evening, Wilmington daily commercial., 1921-11-30

the floor OF Congress by the cnbI-
nct--9o%;
3. for change Of thesrules Of Con-
gress to give the Cabinet the privi-
ieses OF the hoor without rlsh. TO
vote--n2%;
4. for changes In statute law max
Ing Il the duty OF the Cabinet 10 taxi
leadership before Congress and the
country in matters OF finance and nd
mlnisfra tion---sdeo;
s. for Amendment TO the Constltu-
tion to provide for such procedure, IN
case Congress refuses 10 make ths
NECESSARY changes in rules and statute
IA ,ax-72go.
Every evening, Wilmington daily commercial., 1921-11-30
MAJORITY IN FAVOR or
VISIBLE GOVERNMENT
Result OF Nationwide Referen-
dunn on Questions OF Ma
tional import.

The National Economic Lehgue re-
Gently sent out the questions shown
below 10 representative business and
professional men In every state ask-
ing for n yes or "no" vote. with
comments or qualifications II desirable,
l,y an almost unanimous vote, an
affirmative II returned on
these propositions:
I. For open. visible. executive lead
ership In matters ~ national finance
and adminlstration--969e
2. For budget prepared under
the direction OF the President;
and explained and defended or
Every evening, Wilmington daily commercial., 1921-11-30
PRESIDENT STILL
HOPES TO SECURE
HIS ASSOCIATION
Senator eorah's Attack Has
Not Caused Any Weakening
on His Part.
WILL QUIETLY WAIT
FOR OPPORTUNITY
Administration Plan May be
Camouilaged, But Not
Abandoned.
MUCH INTEREST IN RESULT
n, Charles Nrowcr rauucr. Editor
of c,crx Evening
MUCH INTEREST IN RESULT
n, Charles nrowcr Farmer, Editor
of Every Evening.

Special Dispatch to Every Evening.
Washington, Nov So-president
Harding stlll hopes that an association
~ nations Nill hc one of the results
~ the Conference on Limitation OF
Ar.nnmrnts This was stated on high
authority Yesterday. The attack
whlnh senator Rorah made upon the
iipa ~ newspaper Interview Mon
dnv M, rnlng has not caused the Pres
id,nl to retreat from his gun one sten /:
a may have resulted IN hit of cam
ounaur being placed over the gun
Dawhgr.
SENATOR norah said In part. when
tUld ur tho Presidents desire:
"ii la claimed by the advocates of
thp lvnEuc that the proscnt League
has hcrn Of much sorvico to Europe
n fo. there be- no reason for asking
Eurunu 90 scrap the cid League and
itv a new one n we arc going into
Eupopr. we uught to NJ IN. VI we are
not. Wv ought NOT to be- handing her
nrW UaEur every ninety days, She
vhl iholy conclude that after the next
Presidential election she would have
nnolhor league. I SOC M difference
VhntsurVrr IN inininr the present
hnguo nnd iolning another league 10y
nrW NAME
tnmuuilnre.
Tho Ndmlsiration camoufiages IT,
tpaitp hv letting " he known definitely
ihni nu pruposnl will be- made by IN,
lhlrf Executive for tho formation oi
thlH uropnscd association. Rut oi
Doutsr " the momentum 81 good will
should rRrry the Delegates 90 the point
where thcv would una nanimously request
that America ioln thom IN an inter.
rhilunal organization intended q
smooth the future wrinkles ON IN,
worlds diplomatic surface. u would
Every evening, Wilmington daily commercial., 1921-11-30
BurchenaI to Address Women Voter,

The Wilmington League OF Women
Voters will hold an open meeting next
Friday evening at o'clock in the Uni
tartan Parish Room. West street above
Eighth. at which time Caleb e. Bur-
chenal. Esq, will speak on "The Inter
national Conference" Everyone is in
vited to attend
Every evening, Wilmington daily commercial., 1921-11-30
Anglo-Jnpanese Alliance.

One of the most important details,
which IL Is understood will come up
Immediately, is the arrangement of
some kind of an agreement by which
The terms OF the Anglo-Japanese Al
lance will be robbed OF most OF it's
terror 10 the United States. Great
Britain has announced that she can
not abrogate the Alliance now withou,
proving herself ungrateful to Japan
for her assistance 10 the Allies in the
World War. But Great Britain is also
desirous of binding closely 20 herself
America-already embraced in strong
ties of common traditions. customs
language, and blood