davidaulloa/AmericanStories huggingface dataset:
The Republican journal., 1921-12-29

SEPTEMBER
NO. OF cases under care first of month, 20
No. new cases, 10
Total number cases during month, 80
No. cases dismissed, 8
No. cases remaining end of month, %
Record of visits made:
Nursing visits, 60
Infant welfare visits, is
tuberculosis visits, 8
Child welfare visits, IL
Total, lO4
Analysis of new cases:
Reported by families, 8
Reported by physicians, 5
Reported by M. l.. l. Co. agents, 2
Ages of patients treated:
Over 20 years, 10
Nature of cases:
Chronic illness, S
All others, S
Financial:
Number of paying patients, 9
Number free patients, /
Fees collected, S37.75
OCTOBER AND NOVEMBER
No. of cases under care first of
OCTOBER, %
No new cases, 81
Total number cases, 43
No. cases dismissed, %
No. cases remaining Dec. /, q
Analysis of dismissed cases:
Recovered, 4
Improved, IS
Uhimpsoved, 1
Died,
Nurse not needed, 2
Total, %
Discharged:
To family or self, II
To hospital dispensary, 1
To other care, 2
Died, 2
Record of visits made:
Nursing visits, 1874
Infant welfare visits, 81
tuberculosis visits, "a
Child welfare visits, g
Social service visits, Al
Friendly visits, IA
Other visits, 81
Total, 245
The Republican journal., 1921-12-29
CARD OF THANKS

| wish to thank all the pc
generously remembered my
Christmas Day with many H.
ents, goodies, toys, etc.
II. G. TlH.'
The Washington herald., 1921-03-26
CANADIAN COAL
TRADE INCREASES
Output During 1920 Repre-
sents Gain of 21.9 Per
Cent.

The output Of Canadian coal
mines in 1890. according to figures
compiled by the Dominion Bureau
of Statistics. says Consul General
Britain. was assesses short tons,
as against l3.sls.oss short tons in
1919. being an increase of 2l.s per
cent and a record in the historS
of coal mines IN Canada since the
previous high mark was set in 1913
at 15.532,s7s short tons. Exports
increased TO 2.55s.22s tons, as COM
pared with 2.070.o5o tons in 1919.
and imports from the United States
were 2O.s15.5se tons. against 49,
es2.773 tons in 1919.
Except in Saskatchewan. the out
put of coal in 1920 in the Canadian
provinces was everywhere in eX-
cess of that mined in the previous
year. Alberta led in output. with
41 per cent OF the years total pro-
duction. Nova Scotia produced
1855 per cent Of the total. British
Columbia 1873 per cent. Ssskatche-
wan Is per cent, and New Bruins
wick l per cent.
By kinds of coal the increases in
output for Canada amounted to o.5
per cent for anthracite. Is per cent
for bituminous. and Sc per cent
for Ignite.
Bituminous coal imports into the
whole Of Canada amounted to 49,
S02.632 tons in 1920. compared with
l2.OI0.4e0 tons in 1919. Anthracite
imports were slightly lower at a.
9l2.964 tons in 1920 and 4,s72.2s3
tons in 1919.
The Washington herald., 1921-03-26

The course Of cotton imports into
the Netherlands in 1920 was very
Irregular. though the import guam
tity, was larger than that of the
year before. both as result Of i'm
proved conditions in the trade gen.
orally and improved facilities for
handling cotton in transit to the
Central Powers. Trade into the in
terio1 of Europe depended largely
upon the exchange value Of the
German mark and Austrian crown.
as well as on prices abroad. but In
the actual proportion Of cotton for
the interior. passing through the
Netherlands. there was the added
factor of variable inland freight
and similar changes in which the
low value of the German mark had
a very marked Influence In shaping
the routing of imports.
Cotton Imports snd Sources.
The import figures for 1920 do
not include the transit trade which
in most staple articles represents
about Is per cent OF the whole. In
the case of cotton coming into Rot
terdam. however. much of the
transit cargo is landed here and
becomes a part Of the Netherlands
stock. The figures of the, statistics
bureau of the government covering
imports for the past two years are
as follows. in bales of 500 pounds
earh.
The Washington herald., 1921-03-26

From these tables 1t is seen that
the total revenue In each Of these
four countries is below expendi-
lures. England comes nearer to
balancing her budget than any of
the others while the condition in
both Italy and France Is worse than
in Germany. Germany's foreign
debt Is almost negligible and her
internal debt per capita even on q
par basis of her money is less than
that of France.
The following conclusions regard
ing Germany's finances were drawn
by the allied experts:
(a) Considering the subsequent
increase of revenue which may be
expected from the present system
of taxation and the reduction of
certain expenses. it is possible to
anticipate in the near future a bal
ance of the ordinary budget and q
budget surplus may even be antici-
pated, II not next year, at least
within a short time.
OBJ Extraordinary and non-re-
current expenses, principally eco
Copyright, 1871, By r
The Washington herald., 1921-03-26
FURNISHED by American Security
and Trust Coz
WASHINGTON PRODUCE.

Eggs-Nearby. 2sc; Southern, ESQ;
average receipts, CSC.
Butter-Print. 71c;j creamery, ex.
ira, 6sassc. -
Poultry-Alive: Roosters, zoaaIc;
turkeys. 45asoc; spring chickens.
s5c; white Leghorns. 4oc: hens,
37c; keats. 75c; dressed fowls,
3sa4oc; turkeys. 45a50c: ROSTERS
s7assc; turkeys. 45a5oc; roosters,
22a2Sc.
Calves-No. /, $IIlS.
Green Fruits-Apples. per basket.
75cas2.oo. western. per box. S3.o0a
$50; apples, per bbl. $4,000
500; pineapples. s5.0oas.50; Califor-
mia oranges, s4.ooas.oo; California
lemons, per box, $3.60a4.5o; grape
fruit. per crate. sl.soas.oo; Florida
oranges, s4.o0a4.Ts
vegetables-Potato nearby, per
bbl. s1.7sa215: Northern. per sacx,
s2.25a2.5o; string beans, per basket.
Florida, s5.ooas.0e. new cabbage.
s2a0oa3.oo per ct; beets, Florida, per
crate. S2.ooa2.5o; lettuce. romaine,
per crate. S1-5oa2.o0: Florida. crate,
S2.coa3.50; peppers, per crate. sS.ooa
TOO; cymllngs crate, s5.o0ae.00;
eggpiaat per crate, s6.ooa7.oo: on
Ions. per sack. s1.4oat,5 SO: spinach,
per bbl. s1.00az.5o; Florida toma-
toes. per crate. s4.eoa5.5e: SWEET DO.
tatoes. No. I. per bbl. s5.0oas.o0:
yams. s3.5oa4.5o; Brussels sprouts,
i5a3oc; Florida celery, per crate,
s2.5oa3.oo; bunch celery. si.ooai.1S;
peass per besket, e3.ooae.oos
The Washington herald., 1921-03-26
WILLIAMS ANSWERS GARY
AND CONTRADICTS JUDGE
"Utopian" Charge Scored; Questions Per Ton
Profit; Claims Freight Car Cost
Advanced 5000.

Mr.. williams contends, have beer
required to pay about $1,000 fol
steel freight cars. which formerly
'0ost them about $1,000. And h,
points out that the credit of the
roads has declined with their re.
duced net earnings, so that they
are now forced to pay for the funds
needed to buy freight car about
per cent interest or more on S3,-
600. or. say. $3.50 per year as COM
pared with per cent on 1000 or
$50 year before the war, an in
crease in interest cost for freight
cars of 500 per cent.
Excessive cost of materials and
the indefensible exactions for inter
est. along with high wages and
salaries. he says, are principally
responsible for the present desper-
ate plight of the transportation
lines.
Mr.. Williams says that in Judge
Gary's letter to him the Judge ad-
mits, in referring to the steel cor
poration's net earnings. that "as
nat arithmetical statement" Mr.
Williams conclusions are mathe-
matically correct" But Judge
Gary questioned the correctness OF
Mr.. Williams deductions. Mr.. Will
liams calls on Judge Gary to furnish
figures to support his position.
Mr.. Williams insists that the
steel corporations figures, as far as
they have been made public, nor
only fully prove that the steel cor
poration charged $40 per ton more
for its products than was necessary
to enable it to pay dividends on
stocks. but he says. Furthermore:
The indications are that IL you
had carried your inventory at the
prices you actually realized. your
net earnings for the year would
have been many million dollars
more than reported by you, so that
the reduction you could have made
without reducing dividends was per-
haps nearer s35 per ton than $50, as
stated in my letter"
Mr.. Williams says that in the
year under discussion over $780,
100000 were charged ip operating
expenses, for maintenance. repairs.
etc, and that in addition to this the
was carrying. Decem-
Der 81. 1919. huge balance OF over
$500. 900. 900 to the credit Of "deple-
tion, depreciation. and replacement
funds" unexpended and available
when needed.
The Washington herald., 1921-03-26

Owing to the absence of Judge
Ebert H. Gary. chairman of the
United States Steel Corporation. who
is on months tour in Panama.
the repl? of John SHELTON Williams,
former Comptroller of the Currency.
regarding the alleged excessive prof
its of the Steel Corporation has
just been made public. Williams
answers Gary's. claim that for cor
porations to have charged figures
less than authorized by the price
fixing committee during the war
would have been "Utopian." Con-
cerning this charge, he said in uart:
Your position seems to be that
because the government fixed max
imum prices you were compelled to
charge them, regardless of how
gross and excessive your profits
might be. There was no such COM
pulsion- You were free to forego
profit entirely or to reduce IT to
a really reasonable rate. You
could have done this without crush
ing weaker competitors. There was
then plenty of market for all The
government fixed the maximum
prices high because there was need
for more material than the United
States Steel Corporation could sup
ply and consequent necessity for
encouraging smaller producers. 1t
did not require anybody to exact
THE maximum rates. Your legal
right to exact those rates was un-
questionable. The ethical right is
another matter and for your cor
poration to Judge"
williams also charges that the
excessive prices for steel and iron
have now become an active cause
of unemployment and Of widespread
suffering. He gives official quota
tions showing that steel and iron
products, from iron ore to structu-
raj steel. are stiH being maintained
at prices 100 per cent above the
prewar basis, while other metals,
such as copper. lead. tin. etc, in
the production of which the United
States Steel Corporation does not
have the same dominating influence
that II has in steel and iron,s~have
all returned to the prewar basis
or less.
Mr.. Williams also claims that the
present desperate condition of the
railroads is partly attributable to
the enormously inflated prices which
they have been required to pay, and
are still being required to pay. for
their supplies, principally products
of steel and iron. The railroads,
The Washington herald., 1921-03-26
TRADERS EXPECT
CONTINUANCE OF !
BULLEH MARKET
Demonstrations During
Coming Week Expecta-
ton of Professionals.
MOTOR STOCKS LEAD
Advances Are Warranted Due
To Appreciable Better "a.
ment in Industry. -.

There was quite q general feel-
ing in financial circles after the
close Of business on Thursday that
the upward movement. which has
been under way for the past ten
days. has not yet run it's course. but
that there will be a further bullfsh
demonstration during the coming
week which in many issues will as
sumo rather substantial proportions.
The motor stocks were the chief
factors in the market during the
past week. both in point of advance
and volume of transactions recorded
and IL was pointed out that those
conducting Campaigns in the mo-
tors were entirely successful in
creating q substantial following. as
there were many new high quota
tions for the present calendar year
established during the week. As a
matter of fact the advances in the
motor issues are warranted TO an
appreciable extent because there
has taken place q marked degree
of betterment in the motor industry.
particularly during the past three
weeks. IL is learned that some of
the motor companies earnings
statements for the month of March
will exceed previous estimates by at
least three times, this being true
with respect to General Motors,
Chandler and Studebsker. These
companies have been favored with
a very much larger volume Of busi-
ness than had been expected and
this in turn has resulted in their
being able to reduce inventories by
a considerably larger amount than
the most sanguine expectations had
indicated previously. IL is felt
however. that the upward move
ment in the motors has been rather
rapid and IL would not surprise
many careful students of stock
market Affairs il moderate reactions
were to occur in the motor list
within the next two or three weeks.
The important question is whether
Chandler Motor can maintain its
$40 a share per annum dividend:
whether Studebaker can maintain r.
its 81 per share a year dividend. and
whether General Motors can main
tain its 81 a share per snnum dfvi-
dend disbursements. The opinion OF
careful observers is that the turn
which has taken place in the motor
industry fully warrants such an ex-
pectation.
Atlantic. Gulf and West Indies
stock was one of the strong fes-7
lures in Thursdays transactions
and the conduct of that issue mar
ketwise was interpreted as indi-
eating that that corporation has =
successfully arranged for its imam
cial requirements. which are in the
neighborhood of s15.0Oo.ooo IL
would not be surprising n an an
were made in the next
few days that the company has
actually disposed Of its holdings in
Mexican oil properties as well as
most of its oil tankers. short time
ago the corporation recsived an
offer for it's oil properties but pay
ment was to be made in other Sc
curities and the management OF the
corporation did not feel that this
would help IL out Of its difficulties
to merely accept a security for q
security. so TO speak.
The Washington herald., 1921-03-26
NETHERLANDS COTTON TRADE
SHOWS GREAT RREGULARITY
Figures For 1920 Show Improved Condition,
And Facilities For Handling Crop.

handled for the Netherlands. and for
Belgian mills The total imports
of these grades showed a marked
decrease compared with 1913. the
Rotterdam exchange handling only
1000 bales in the eight month";
compared with $4,000 bales the pre-
vious year. Much of the total i'm
ports came into Holland through
Antwerp. The greater portion went
to German mills n the Rhine coun-
try and TO Saxony.
Whenever the price Of staple cot
ton rises above a medium level the
demand for waste and linters in
cresses, since much of the trade In
Germany cannot use goods manu-
fsctpred from staple cotton at high
prices. The demand for waste and
hpters fell OF greatly toward the
cbse of the year. when the price
Of staple cotton tell. but there was
3 renewal of the demand later. Pros
poets indicate there will be a good
market for waste grades during tie
coming season. for there il an in
creasing demand for them In the
manufacture OF inferior. grades Of
bedclothes and trIcot yarns.
The volume OF cotton imports A.
nanced in the Netherlands is mucn
greater than the figures OF imports
into or through the country indi-
cate. By reason CT financial con-
dftions in Germany It has been con-
venient, IL not absolutely necessary.
TO finance in Dutch banks a very
large proportion Of the imports into
Germany through German ports
While this trade naturally cannot
be classod as Dutch trade. at the
same time il means a very material
profit for Dutch banks and has an
important bearing at times on ex-
change conditions
The Washington herald., 1921-03-26

nomic subsidies, should disappear
as rapidly as possible. Expenses in
the budget under execution OF the
treaty should be heavily cut down
so as to reduce to a minimum all
outgoings which compete with repa-
ration. This reduction should AFFECT
not only indemnity allocated to
German nationals affected by the
treaty. but also the amount claimed
from Germany by the allies for ar
mics of occupation, allied commits
sions. etc. The expenses of the
budget for execution of the treaty
must be met by the surplus from the
ordinary budget and by increasing
indirect taxes and customs.
(c) 1t appears ? that Germany
relatively soon will be able to meet
treaty obligations opt of tax re-
turns and without recourse to in
definite accumulation of floating
debt and paper money. Germany's
economic Improvement gives ground
for hope that she will soon be able
to establish an equilibrium in her
public finance.
E Washington Herald.)
The Washington herald., 1921-03-26

The demand of the Allies for .
reparation payment from Germany
Of some s5s.ooo.oo extending
over forty-two years has caused a
rather serious. situation. the end Of
which Is not yet Ia sight. At the
London meeting the Germans de-
clared~ it impossible to consider q
reparation payment which would
extend over that period of years
and would bind their grapdchiidren
tc it's liquidation. Instead they
proposed to determine the present
cash value of the indemnity and 20
attempt to raise this by, the sale of
bond or other securities which could
be redeemed as fast as conditions
permitted.
The offer of the Germans to pay
$1,000, 100000 present value in liou
of the sss,ooo. .o0o. 900 demanded ap-
pears ludicrous at first sight. But
when one takes account of what
compounded interest at high rates
will dc In forty-two years the re-
suits are not quite SO bad. The
Germans arrived at the amount of
their offer as follows: Discounting
the original demand of the Allies
at per cent for forty years
gives a present value of something
like $4,000. .o00.0 900. The Germans
claim of this amount they have al
ready paid nearly s5,000.o00 900
leaving a remainder to be paid
whose present cash value Is approx-
mately $1,000. 100000. The amounts
given above are in round numbers
only, but serve to illustrate the
reasoning Of the Germans.
In connection with the discussion
of Germany's ability to pay 1t is
useful to note some of the general
points brought out in the report
of the allied experts presented to
the Paris conference of the premiers
when the reparation plan was form
ulated. A few of these statements
Comparison Of Fiscal Burden Of
The Washington herald., 1921-03-26
IMPROVEMENT IN GERMAN
FINANCES IS EXPECTED
Economic Situation Not as Bad as in Some AL
lied Countries, According to Experts.
By tn. w..Ai.ste. Her.ld,. Eee...i...,

may be summarized catagoricaily as
follows:
II Is impossible to form q definite
opinion of the situation of Central
Europe regarding danger of bank
ruptcy caused by fiduciary imitation
and the intrinsic value Of wealth
now represented by paper money.
1t is generally admitted that the
economic situation OF Germany Is
much better than her financial situa-
tion. AS soon as the financial sit.
uation Is improved, there is reason
to expect considerable prosperity.
The annuity should consist partly
Of deliveries in kind and partly Of
payments in specie. t.-
1t would be q mistake to attempt
to balance the German budget by
loan. Equilibrium must be estab-
lished by increasing revenue and
reducing expense.
The chaos of the present financial
situation is due to Germanys re-
course to unfunded loans and to
the issue of paper money instead
of requiring greater fiscal efforts
from the country.
On the ordinary budget the bur-
den Of direct taxation seems suf-
ficiently great. but indirect taxa
tion is inadequate.
Some expenditures on the ordi-
nary budget may be reduced. but
no substantial increase may be ex-
pected. Reduction of personnel is
possible, but would be counteracted
by increased pensions. German esti-
mates of extraordinary expenditure
are too high
General conclusion is that a large
number Of the items of extraor-
dinary expenditure can be abolished.
reduced. or deferred until the or
dinary budget shows q surplus.
Accompanying this report there
was . detailed comparison of the
fiscal burdens of the three principal
European allies and Germany. The
important items are summarized in
the following table:
The Washington herald., 1921-03-26

Who has been named executive president of Foreign
Trade Financing Corporation being organized
American by extending longterm credits Mssourian
who gained his in banking and
the Kansas City Clearing House Association
active in the fight have Federal Reserve Bank located
Kansas City, and chairman of the organization committee of
the American Acceptance Council which has been
factor the development OF the under the Fed
ea Reserve law He cashier and Of the Federal
Reserve Board Kansas City for and then
of the national bank section and the clearing house section of the
American Bankers Association Since January he has been
of the Discount Corporation of New York
Mr. Thra1l is 80 years old.
The Washington herald., 1921-03-26

on march l. ls2l, private Ameri-
can shipyards were building. or
under contract to build. for private
shipowners 227 steel vessels. or 9o1,-
22s gross tons. compared with 252
steel vessels, of s77,so3 gross tons,
on February 1, 1921. The shipyards
have reported no new contracts dur
ing February. "
These figures do not include gov
ernment ships or ships building or
contracted for by the United States
Shipping Board.
The Washington herald., 1921-03-26

Imports for First Eight Mo.ths-
The returns made by the Rotter-
dam Cotton Exchange cover only
eight months of he year. |. G., May
to December. Imports for that pc
riod amounted to s0.o0s bales, not
including waste and Hnters. of
which 73.1s1 bales were American
cotton. I2,57s from India, sos Egyp-
tion, and 1851 from all other coun-
tries. Imports for the year through
Rotterdam at this rate were some
thing like 135.0o0 bales. OF these
imports 5s.7S3 bales were delivered
to the cotton mills in Twente-the
Dutch cotton-mill district-in the
eight months mentioned. Germany
took 37.5 per cent Of the whole.
France 2.5 per cent. and Belgium
and other countries about 1 per
cent.
Shipments by way of Germany.
There have bNcn several serio1s
drawbacks to the import Of cotton
through Rotterdam during the past
year. The transshipment and hand
ling charges in Rotterdam are high.
more especially so when compar red
with the handling charges in Ger
man ports where labor cost is based
upon the low mark. Railway
charges in the Netherlands also are
high compared with similar charges
in Germany. The result is that not
only has considerable cotton for
Germany been going by way OF Ger
man ports. which Sotherwise would
have entered by way of Rotterda m.
k,.N -.
North Holland mas entered the same
way. since IL vas cheaper to pay
German than to pay Dutch railway
freights An effort has been made
by cotton-importing interests in the
Netherlands to secure lower railway
rates in this country to meet this
competition. but so far results have
not been very material.
storage Facilities.
The great drop in the price Of
cotton the world over during the
year found many importers and
some manufacturers with consider
able stocks on hand and resulted IN
serious losses and in financial en-
bsrrassnent for some. Auring the
year a new warehouse capable CT
handling about $4,000 bales of cot
ton. was opened; and during the
current year another warehouse. ca
pable of taking care of $4,000 bales
will be opened. The port is now
prepared in every way to handle
large amounts of cotton under the
best Of conditions.
Trade in Waste and Linters.
The Washington herald., 1921-03-26

currency is higher in its native
country than in terms of foreign
exchange. In the following table
we have converted the per capita
data into dollars, first on the basis
of a rough average of exchange
rates during the past year. and sec
ond at the par value Of foreign
money Somewhere between these
two lies the real comparison.
,onvsrtsd at Present Exehsngs Rates.
The Washington herald., 1921-03-26
Storage Facilities.
Trade in Waste and Linters.

Most Of the trade in waste cotton
and linters during the year was for
the account of Germany, but at
times considerable such cotton is
The Washington herald., 1921-03-26
ion Of fscal Burden Of Pncpal Eurepean Coantrfes.
Total In millions.

1t is extremely difficult to COM
pare these figures in terms of four
different kinds Of money. On the
other hand 1t Is equally dificult to
convert them into any common
monetary unit which really repre-
sents the facts The nuctuation of
the exchange rates make such data
misleading and besides the pur-
chasing power of the deprecated
Per Capita Fii,csI Burden In pnllar..
The Washington herald., 1921-03-26

The proportion Of the banks reserve to
liability this week is 1850: last week IL vas
A.e0. Bank rate per cent.
The Washington herald., 1921-03-26
American Shipbuilding.

Copyright. 1921. By The Washington Her,ld)
The Washington herald., 1921-03-26
Bank of England Statement.

LONDON. March 2s.LThe weekly