davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-01-31
Blue Sky Laws
Is Protection for Public To Be Had
Through Thema
20 the Editor Of The Tribune.

To tho Editor Of The Tribune.
Sir' I am in hearty sympathy with
the enactment Of any bill in the Legis-
lature which would in reality protect
the savings of people from financial
losses, resulting in impairment OF
capital, if not utter desttution. The
important question in my mind is
whether or not such protection can
really be afforded through legislation,
and, if so, would the enactment Of the
Belts bill accomplish The desired result.
There has been a great deal Of dis
cussion recently resulting from tho ex
tensive publicity given the bill in
troduced at Albany by Assemblyman
Charles n. Belts, being commonly rec
cgnized as ''blue sky" bill. designed
to regulate the sale or distribution
Of securities within the state.
When one considers seriously the
millions Of dollars Gotten representing
the family savings covering years
Of accumulation) irretrievably lost
through the purchase Of worthless
securities by ignorant investors, it
would seem only natural that New
York would fall in line once more with
many of the other states which have
already aiken the initiative in endeav-
oring to obviate, if possible, the pa
thetic financial tragedies which are
being enacted hourly. The sufferers
are those who foolishly or ignorantly
act upon the advice freely offered by
unscrupulous and dishonest promot-
ers and by the engineers Of fraudulent
stock-se',ing schemes.
Doubtless many readers who are un-
familiar with financial matters would
construe upon reading this bill that
If enacted only securities Of proven
worth or merit could be sold in this
state, and that all securities having
been whitewashed or "hallmarked" in
Albany, so TO speak, could be pur-
chased unfortunately with the as
surance of safety Of principal and in
come. The ignorant would infer that
all stocks are good, safe investments.
The result would be that those stocks
offering the highest WELD or return
would naturally meet with rMe greatest
favor.
In my opinion this would have seri-
GUS results; to my way Of thinking,
education, rather than legislation,
would, in the end, afford the greatest
protection. Education encourages dis
criminal on, while legislation Of this
nature fosters ignorance. Through
misrepresentation. sham and cunning
the unscrupulous promoter could OBJ
tain a license and also the necessary
authority. When once so protected by
official recognition from Albany he
would continue to exploit his worthless
stock certificates.
firmly believe that. If banks, schools
and the press could educate Gas some
are now doing) their depositors, stu
dents and readers. respectively, in fun
damental investment matters more
positive benefit would result than by
the enactment Of the Belts bin.
should like to hear from some of
the readers Of your paper, whether or
not the consensus Of opinion would
lean toward education rather than
legislation as the most practical means
of protecting as much as possible the
unsuspecting masses from the designs
of the far too numerous financial
crooks. G. PEABODY.
| New York, Jan. 28, 1921.
New-York tribune., 1921-01-31
A Market for Medievalism
Last Fridav afternoon there w,


Last Friday afternoon there was
staged in the salesroom Of the Amer
lean Art Association an episode
against which white stone is to be
placed in the history Of taste in the
United States. That part of the COL
lection forraed by the late Henry C.
Lawrence was dispersed which WIS
devoted to antique stained glass.
Nothing like it had ever before come
to public sale in this country. There
were no precedents to guide bidders,
and while some Of them, like Sir
Joseph Duveen, doubtless had had
F'--opean experience in the f@tter
q prices, the occasion was one on
which inexperience nevertheless had
good deal to do with the establish
nent of a market here for medieval
glass, market fixing a standard
probably. always to be maintained.
The result, was as sensational as it
was gratifying. Bidders cropping, as
it were, in the dark showed extraor-
dinary courage, and an early Eng
lish panel less than three feet square
sold for $4,000.
This record will be explained in
various ways. It will be said, rather
vaguely, that there is lot of money
lying around in America waiting to
be spent on works of art. 1t will be
said that the American collector,
when he wants thing, will pay any
price for it. It will be said that the
Duveens, with vast capital behind
them and clientele made up of
M@cenases, set an infectious ex-
ample. Then among those present
was Mr.. Raymond Pitcairn, from
Philadelphia, with long purse and
memorial purpose up his sleeve.
Yet none of these explanations really
explain. There is no complacence in
another assumption, that theextraor-
dinary sums given for the Lawrence
glass are to be taken as indicative Of
a definite advance in American cul-
ture. All the signs point to this
conclusion. It is not wealth alone
that is making this country the scene
OF the great art sales of our time.
The movement has been going on
for years. Collectors like Morgan,
Altman, Johnson end Frick drew
from Europe quantities Of the no
blest Of it's pictorial and plastic
treasures. Successors to them are
appearing even now in private life,
and in public the prodigious growth
of the Metropolitan and other muse
ums shows how the masterpiece has
come to be demanded in the United
States as a matter of course. Within
the last few days we have witnessed
the phenomenal sale at auction of q
notable French collection of Japan
ese prints, and body Of the works
of Degas, likewise brought from
Paris. Events Of which we would
have once heard by cable as occur
ring at Christie's or the Hotel Drouot
now occur in New York. The story
u almost trite, but the prices paid
for the Lawrence glass, $4,000, $1o,-
600. $4,000, 10000. give a. new
turn to familiar matter.
Medievalism is . cult BY itaelfs
New-York tribune., 1921-01-31
The Long Island Decision

The i've justices sitting in the
Appellate Division Of the Supreme
Court, Second Department, made
short work Of the injunction recently
granted by Justice Benedict, restrain
ing the Long Island Railroad from in
creasing passenger fares. The Fed
eral Interstate Commerce Commits
sion had authorized the railroads to
increase their freight and passenger
rates in compliance with direction
given it in the Esch-C Cummins law.
The New York Public Service COM
missions approved the freight rate
increases, but tried to hold up the
passenger rate increases. On appeal
the Federal commission sustained
the roads, and the question was then,
carried into the state courts.
Justice Hasbrouck decided some
weeks ago that the Interstate Com
merce Commission was within it's
rights in ordering increases in the
case of roads doing an interstate
business and also In the case of
roads operating within. the state
whose traffic was affected by inter
state conditions. Justice Benedict
subsequently made permanent tenn
porary injunction against the Long
Island Railroad on the ground that
its business was intrastate and on
the further ground that the Federal
commission was not empowered to
override the state commissions.
This opinion set up BADLY the old
theory that there must be two inde-
pendent and separate rate making
agencies in each state, which would
mean that in the country at large
Federal regulation of rates must be
offset and practically obstructed by
the existence Of forty-eight separate
state regulative bodies, with concur
rent and potentially hostile powers.
The Appellate Division handed
down no opinion when overruling
Justice Benedict, but, in effect, it
rejected the broad state right view.
Congress has been working for years
past on the theory that transporta-
ton has become a national problem
and that railroad regulation should
be nationwide and uniform. The
United States Supreme Court has
supported this contention in a series
of decisions. Even intrastate trans
portation is now so intimately re-
lated through rates, wages and gov
ernment guarantees Of return on in
vestment in more than half nation
allied industry that the old distinc-
tions between interstate and intra-
state operation are very hard to
maintain.
The courts generally are ready
to recognize that fact, and the strug.
gle to enforce a differentiation is be-
ing carried on chiefly to the state
commissions themselves, which would
practically pass out Of existence un.
der the new order. But the whole
trend Of railroad policy is against
them and toward vesting complete
control in the Federal government
which alone can act effectively, il
the transportation problem is to be
dealt with, not piccemeal, but as q
whole.
New-York tribune., 1921-01-31
A Hangover.

The maid was written, should say,
By Scott Fitzgerald; anyway,
She was fetching fapper who y,
Was tripping up the avenue.
No chorus lady wore such furs,
Or showed shapelier leg than ners;
And with her was another one
This same Fitzgerald might have done
And as I passed .hem on my way,
l heard her to the other say:
"My dear! look perfect sight;
Believe me. ! was lit last night"
@. w. w.
New-York tribune., 1921-01-31
Allied Concord

Allied Concord
The most important result Of the
Paris conference, apart from the
fsxation of the German reparations
total, was the restoration Of Allied
concord. Renewal Of the concert
between Great Britain and France
Iii IT lasts--is perhaps even more
important than the agreement on
what Germany ought to pay. Ger
many intends to, pay as little as pos
sible. The Germans are groaning
and shriekipg at the size Of the bill
which is to be presented at Brussels
TO their economic experts. Ger
nany's consent is necessary to the
revision of the treaty terms which
the Allied reparations draft in
wolves. She may withhold it. Bpt
IN that case the Allied powers will
fall back on the treaty provisions
themselves, which are potentially
much harsher.
Allied concert is indispensable to
any real execution of the treaty. 1t
is theyefore of vast Importance that
circumstances have again brought
the Allies to clear realization of
that fact. The Council before ad-
journing adopted a resolution de-
claring that close union is as neces-
sary now as it was during the war
and pledging it's members to allow
nothing to impair it. Without such
union they cannot enforce the
treaty or get Germany to accept the
Paris reparation scheme in lieu of
the treaty reparation scheme. If
they don't hold together it. will be
difficult to bring enough economic
and military. pressure on Germany
to make her keep her promises.
The Paris agreement went further
than any previc IS Allied engage
ment for enforcing the treaty. 1t
provides for additional occupations
Of territory and admits the right of
France to levy direct taxation in
the Rhine Province if Berlin
defaults on payments due. It
represents a striking change of
view on the part of the British
government. Lloyd George at
Paris seemed to be more in
auenced by broad political consid-
erations than he had been at Hythe,
Boulogne, San Reno or Spa. He
has broken away from the Keynes
doctrines. He. now apparently
places more value on continued CO.
operation with France than on the
immediate economic advantages
which might result from an inde-
pendent exploitation Of British
trade with Germany or Russia.
The great gain of the Paris meet
ing is that it brings the Allies back
to salutary realization that Ger
many may be able to beat them
piecemeal on the treaty, as she
would have beaten them piecemeal
on the battlefield. They made peace
with Germany. But against her
sullen resistance and infinite bad
faith no one of them can adequate
" enforce it standing alone. It was
a. gross error to assume that the
war was over in all senses when
Germany signed the Versailles con-
vention. The war will not be over
until the vanquished sincerely ac-
cept the peace and quit haggling
over the price they have to pay
for Il.
Germany would repudiate he,
debt and fight again If she though.
there was any profit in doing SO,
She will try to repudiate her debt
without fighting. Allied concert
and Allied military preparedness
are therefore the only practicable
guaranties Of peace in Europe or OF
the permanence. Of the Versailles
fort3fnrfov
New-York tribune., 1921-01-31

Just as we begin to think that the
world is improving, elong comes a con-
tribution Incorporating, in story form,
the names Of all the plays crrrent in
town.
New-York tribune., 1921-01-31

How long it takes heat to travel, here
or in South Betelgeuse, we have for
gotten But We know Of an apartment
building whose janitor may be tmplored
for heat on Saturday, and wherein, ID
hasn't. on Monday, ,traselads up u IN
secund 6eor.
New-York tribune., 1921-01-31
Rival Refugees
(Frons The Bostass q

tFroms Tns BostS,s Gso5s)
Which has made the mora out Of
national prohibition in the United
States. Cuba or Montrealf
New-York tribune., 1921-01-31
euAN.bAlMry

Yea naH surohass msfeAAadtas eavessleet Il 1nE
slsW rssnits In aay case TIE THlBUAE Suafsn.
fssa d fsy yeur nesss baok upen request. Ne ~
ahpol Ne eutbhilne. We mike aeeS ere@ptU "
~ -seyorfissr dees net.
New-York tribune., 1921-01-31

~ see where Llerd Gawge," says the
athaletic young man, overheard by A,
v. H., sis at sawds peonts with the
Allied premEERS over the Goiman
peace toins."
New-York tribune., 1921-01-31

The Bow-Tie Under the Collar? N
Sir: saw the too-small derby, the
black cord On eyeglasses, the waxed
mustache, the turned back gloves. the
light colored cane-and then ! looked
down for the spats, and there they
were! M. H. H.
New-York tribune., 1921-01-31
MR1snEn or rnE AssocrArEp rREss

1Ao Associated Press q sxclrsiseiy entitled %
~ ~ for republication Of alt news dspAtcnse
credited to Il or not otherwise crsd'tcd IN 6his
Sapr md also the local news q spontansoas
n$iein published herein.
Al f5ehss of republication e< al stAss nssu
hsrsin also afe reserved
New-York tribune., 1921-01-31
I AloNpAf JANUARY u, is2a

0Nnsa y Nsw YesA Tribune fnc.. ;. Nsw rosA
ourpcssaaen. Published daily. OGDEN Keid. Presis
&qas; a vs1pss neessa vlc<Prsssdent; Hsasn
1s6as MA. escsssarv r h Msxnsad. Tspesasss.
AAdfvA Tsflans Buiidine iS Nassau eeresk Ns1
Yax TshDAenA Bsskman seee.
New-York tribune., 1921-01-31
Gotham Gleanlngs
NEN1lSyySlEQNX2NEZ5I NS0;SZNIyST

CIV. Van Anda has bought him
new fur coat.
Art Train had a party Thurs.
eve'g at his house.
Looks like Herb Hoover would
not be in the cabinet.
DIR. Berthold A. Baer was buy
ing Greek vases Wednesday.
Mr. H. w. Miller of here was
TO Auburn, N. ", Thursday.
Mrs. VIM. Shore OF Bklyn went
to see the opera Thurs. cve'g.
Brock Pefnberton made a speech
to the Kansas boys Sat. night.
Day after tomorrow will be
Ground Hog Day. Avaunt winter is
our prayer.
-Norreys Jephson O'Conor the
W. k. bard was a pleasant caller
Friday.
Mrs. Belmont Tiffany gave a
party Thursday eve'g, pleasant
time being had by rs Of the jeunesse
doree, as they say.
T. w. Wilson of Staunton, Va.
who has been in Washington on
govt business for 8 yrs. has leased
a new house in the natl capital.
We. haven't received 1920 income
tax blank yet, SO we have no criticism
to make of its ntricacies--intricacies
which, if we had anything to do with
making the blanks, would be more nu-
merous.
To the Canteen Girl at Nevers
1t wasn't because your savory pies
Were the sweetest ever had;
It wasn't because the light in your
Had the power of making me glad;
1t wasn't because your parlor Of rest
Could Danish all sorrow and care;
It wasn't because your eats were the
best
Of all that we had over there.
The reason saw you again and again
And l know very weh itwon It please
Was after each meal when I'd say
"Conibien Z"
The way that you said "Swoss on
dees." HOWARD A. HERTY.
The location Of the Bacon funeral
home is ideal, overlooking as it does
the South Green and affording an ex-
cellent view of South Main Street and
the Connecticut River from tbs uppeY
windows .-Middletown, Conn, Press.
Again is the sting extracted from the
Grim Reaper. Oh, for some Nutmeg
Masters to write Connection, River
Anthology!
A Hangover
The maid was written, should say,
By Scott Fitzgerald; anyway,
She was a fetching fapper who y,
Was tripping up the avenue.
No chorus lady wore such furs,
Or showed shapelier leg than hers;
A.
New-York tribune., 1921-01-31

We. haven't received a 1920 income
tax blank yet, SO we have no criticism
to make of its intricacies--intricacie
which, if we had anything to do with
making the blanks, would be more nu-
merous.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1921-01-28
Hominu Piqeon Found

A pigeon, described as of the HON
ing" variety, was found in the woods
near the Curtis logging camp last
Monday noon. The bird is rather
large, as pigeons grow, and on the
left leg wears a band with the inscrip-
ton "117 q. f. D. 1919" Much specu-
lstion is made as to the reason for the
bird being in this vicinity, the most
plausible being that it was released
in trial or competition fight and be-
came. lost in the heavy and binding
blizzard of the Sunday previous. When
found the pigeon was almost totally
exhausted At this writing it is being
cared for by August Olbramtz, at the
camp, but will be released as soon as
it has regained its strength and vitali-
~
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1921-01-28

Tuesday to large and appreciative
audience.
s. R. Van Bussum of Eagle River
was calling ON friends and patrons in
Phelps between trains Tuesday and
Wednesday,
Mrs. A. J. Austin, who has been
substituting for Mrs. Wilson in the
9Th and 9Th grades, returned to Eagle
River Saturday.
Mrs Florence Wilson returned to
her school work in Phelps after two
weeks of enforced absence caused by
illness in her family.
Wheeler Beattie has been in Osh-
kosh for several days getting some
dental work done His pleasant face
IS missed by his fellow-citizens.
Mrs Klabunde and Mrs Nels Chris
tianson were visitors over Saturday
and Sunday at the home at Mrs.
klabunde's sister near Three Lakes.
Word was received that Donald
Gaughan had died at St. Mary's Hos
pital in Milwaukee Tuesday morning.
The sympathy of the entire commu-
nifty goes out to the bereaved family
who mourn the loss of their beloved
Young son and brother
Sylvia Justin, Herman Case and
Louis Reightley, pupils in the Eagle
River High School, were home for
three days during the semester exam
nations These earnest young stu
dents were excused from the finals
on account of their high standings in
their studies.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1921-01-28
Another Party

Another surprise birthday party was
enjoyed last Saturday evening when
the majority. of our townspeople Wen
ded their way to the home of Mr.. and
Mrs. Geo. ]. st. Clair out at Black
Oak lake and surprised Mrs. St. Clair
The writer regretfully states his alb
sence and cannot enumerate the vari
Gus methods adopted to make the eve
ming enc of enjoyment, but tbs said
by a number that a real sociable time
was had by all,~and we believe this
voices the sentiment Of all who were
fortunate to attend.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1921-01-28

Geo. E. O'Connor, Verne Richards,
A. j. Austin, Chas H. Wiegand and
Frank w. Carter represented the
Eagle River Development Association
at a meeting held in Rhinelander Mon
day for the purpose of discussing
plans for a concerted action tending
for the greater development OF the
Upper Wisconsin territory. The meet
ing resulted in strong endorsement
of the program to that effect laid out
by the Milwaukee Journal, which was
presented to those present by Henry
c. Campbell of that paper.
VIM. Murphy Jr. was an arrival from
Milwaukee yesterday, called here by
the illness of his father.
Samuel Miller, one of the practi-
cling attorneys of Rhinelander for
many years, died at his home in that
city after a weeks illness. He had
served several terms as district at
torney of Oneida county and was one
CT the prominent men Of Rhinelander.
VIM Korb of Carpenter lake while
coming into town yesterday morning
accompanied by his Airdale dog, "a
friend and companion for years, no
ticed that the dog had gotten poison
Of some kind which caused it's death
in a short time. The dog was well
known by many as the winner Of a
desperate fight with a huge wolf
Having lost several dog friends by
the most despisable method known
in destroying dumb animals, we can
freely sympathize with Mr.. Korb,
both in the loss of his dog and the
manner that caused it. There is
quite penalty for leaving poison
about in a careless way when the
offender can be reached and personal
ly we would like to see every dog
0Oisoner pay one.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1921-01-28
With Our Neighboring Towns

any attempt to assist any town in
identifying the grounds adjacent to
the depot. 1t appears their considera-
ton is one more for the civic pride OF
the town itself to bring these matters
about am satisfied that the railroad
company if properly approached would
give free consent for the town to
make any improvements desired even
upon the railroad property so long as
it did not interfere with or prevent
expansion of the railroad facilities
when that time should come. In this
case the railroad yards are laid out
on the opposite side of the track from
the street, consequently the railroad
company would never have further
use for the property other than it
serving for an approach to the station
by patrons. 1t would, believe, be
folly toAimprove certain number OF
feet in width of this street and leave
the balance untouched. would say to
have the improvements extend from
the very store fronts to the depot plat
form, because to do otherwise would
be like painting one side OF a build
ing and permitting the other side to
remain untouched. Improvements
could be made that would not in the
least impair the usefulness OF the rail.
road property from the standpoint of
anything the railroad has to offer.
Sc, brother, give me call and let's
get together on this thing. Perhaps we
can be instrumental in getting others
to share with us in this matter and
then we can do things instead of mere
ly talking about them.
Remember, if we wait for the rail
road company to take the initiative in
these matters, you and will never
see any Improvement, and will have
to let our sons handle it when they
have taken our places.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1921-01-28

Work Socks-2 pair for a quarter
at the ToGGERY SHOP.
For Sale Beef and Mutton, both
young and old. Order any time from
Phone 87-3 VIM. KOLEHOUSE.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1921-01-28
Got ,Em Goinc

It is most pleasing to learn that our
articles have begun to bear fruit. AL
ready one has been inspired to offer
a contribution anent the street i'm
provement Now if we can get about
six or seven more to do the same
thing, we will feel we have truly &C
complished something, for we can get
together and have q working nucleus
which augers well for the future (of
this town. To the person who contrib
uted the article in the last issue of
this paper, will say, why not come
to the depot some day and discuss not
only this matter but other matters Of
equal Importance and let me know
that have one partner in my efforts
to put this place on the map. I am
sure | would be most pleased to have
you do SO, for two heads are better
than one, and possibly we two can
gather added prestige that will tend
to start others in the same channel
and then we can have these matters
acted on and something worth while
accomplished
However, shall have to take this
opportunity to say that it would be
unnecessary for this person to have
donated for the purpose of improving
the street, because the town, at the
last election set aside an appropria-
ton for this purpose, and no doubt
will be inclined to add another this
election to carry the scheme to it's
fullest completion.
My experience has been that the
railroad will hesitate to do anything
along this line. That is to say, l very
much doubt whether they would make