davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-01-04
Strong Recovery
La Cotton Market
On Steady Buying s,
Active Support of January
Deliveries Sends Prices
Up Cent a Pound; Aciiy-
iiy Increases on Advance

somewhat irregular start was fol-
lowed by sharp advances in the cotton
market yesterday because Of reports of
increased mill activity, smaller offer
lngs from the South and prospects for
the passage Of the War Finance Corpo-
ration bill over the Presidents veto.
January contracts sold ND from 14.3s
to 1880, or 1l6 points above the final
quotation Of last week. and closed at
lo.f', with the general market closing
nrm at net advance of so to lis
points.
The hope of steady Improvement in
general trade was in evidence from the
start, but at first it was reflected in
the absence OF selling pressure rather
than any important demand.
Inc announcement that President
Wilson has vetoed the y ar Finance Cor
poratlon bill has been anticipated and
was without any effect on the market.
bnt the prompt passage Of the bill by
the Senate evidently created confidence
In Its ultima te adoption and doubt!e s
contributed to the late advance.
March contracts sold up to 1470, or
lol points net higher and 154 points
above the low record Of last week.
Closing quotations we're d few points
off from the best under realizing, but
the absence OF Southern pressure was
one of the days notable features and
was evidently taken to mean that the
break Of late last week had reflected
tho licuidation Of all cotton pressing
tor lmmodiat- sale in the South.
some mills which have been closed
down during the holiday period are ro-
opening for business, althouoh if Is
doubtful whether thov have secured
any large suppl of orders for forward
delivery.
Southern snot markets, aa officially
reported, were unchanged to 100 points
up, the feature. being the recoveries in
the Southwest. Dallas, which had sold
off to 1910 on Friday of last week
quoted middling at 1910, with sales of
1862 bales. Middling quotations in
other markets ranged from 1880 to
1853, compared with 15.17 the closing
quotation for Janusry in New York.
The local market for spot cotton was
steady and 125 points hirher. at 16c
for middllng: no sales were reported
The range Of prices follows:
New-York tribune., 1921-01-04
Seek to ReStify Exchange

LONDON. Jan. 3.-A comprehensive
scheme for the establishment of credit
bonds and other proposals having for
thelr object roctihcation Of foreign
exchange rates are understood to have
been submitted BY Sir Robert S. Horne
pre- ldent OF the Board of Trade. at a
conference to-day with leading finan-
ciers Of the country.
Sir Robert invited criticism as re-
suit Of which, it is anticipated, an I'M
portant plan will shortly be placed be
fore the Cabinet and, if adopted, viii
have the backing of British financiers
and insurance magnates. II is hoped
the scheme also viii assist materially
in solving the unemployment problem.
New-York tribune., 1921-01-04
Doubling Capital Stock
Approved bv Shareholders

HOLYOKE, Mass. Jan. 3.-The
stockh olders of the Farr Alpaca Com
pany. in a meeting here too day, ap-
proved the plan of the directors to in
crease the capital stock of the com
pany from S7,200,0oO to 100000.
The sum total Of assets above the
amount Of capital stock and debt is
now more than $3.50, 900 and is in
vested in plants. working capital and
other assets. Under the stock increase
each stockholder will receive a stock
dividend of three shares for each four
shares now held and transferable
right to subscribe at par one share
for each old share held
New-York tribune., 1921-01-04


gains Of sc to 2fsc. Shorts were
GOOD buyers throughout the day. de-
spite quite liberal receipts over the ho1-
iday and reports of larger country of
fers. There was { moderate export dc
mand. and sales were reported Of about
100000 bushels.
In the local cash market No. yellow
was quoted at 96a4c: No , mixed. 957, :
C i. {. New York. ten days shipment
Yesterdays Previous Year
40. yellow t096'. Sool's lsl =
May ......... .7sa. .e7s l.s4.s
Oats-The oats market vas only moder-
ately active, but prices were frmsr IN sym
paihY with wheat and corn and on cover
ms final figures being =. q So net high
bushels for the week.
In the local CO sh market No / white was
quoted at 81 = q Sc: 40. , white 60iz q
IS q 5sizc; fancy Clipped white 6. n 64 :, c
ordinary clipped white 81 q 81 &c; all Gle
vatcr.
New vo,, F'stsrdays d'asa FrfY.enS eioso Yesr sss
No 3 whiteso59's q SO so.5ei so eo-a7
.ln,y NAV ;S'' :, a., - 8.
Rye-Market firm.
No. westernsl.ssls sl.s4 ssos
Flour and Neutrality-suspicious. were:
Yesterdays Previous Year
Spring rt. sa.oo@a75 so.ooma75 sla.5o
Corn meal 2.95N9.6o 2.25 fo2 so 800
Rye...... S.5oNsS0 S.5o@sso 8.5o09.1o
Bran.... 300 800 4S.50u $3.50
Butter, Cheese, Eggs
Butter-Eeceipts were 500 packages
Creamery, higher than extras. lb.. 81 2 a
score. IS Il q 55l4c tirsts. IS to 50 score
- q nc; seconds. SIS to 81 score. 81 a sc.
than extras aeS so se re- eH5ras M nS6e
iirsts, $50 IS &c; seconds. Ss 044c, held
or storage: high scoring. 52'a a 5Sc; extras.
81 q &C, tirsts. ~ @ 49c. seconds 33 q 40c
lower gr1dos 26m3lc, Danish casks. fresh
90 sc; state dairy tubs. finest. SO q 55c;
3o0f &c; renovated extras. 50 q 4oc: ladies'
current make. frsts. &c 2sc seconds - a.
CO.. &C. lower grades 2o@25g pacc6jng stock,
2oc' lower grades. 15M
Cheese Receipts were 1850 boxes
STATE whole milk held. early made fats
speclals d. - Sc lsii made. % q 2sc.
&c Average run. 80 q &C. lower grades.
- r -l'2c: twins. hold. specials. ESQ esc.
average run. 80 Sc Wiscons n held aats.
ia sies. hs,id. 25 &c; double Daisies hald,
% q &c: Young Americas. held aSa2Qc.
= Ill e" = - &C. -HiiNs, Hsli specials, n
zoe prime TO choice. l5m l7iqc fair 70
good l. q IA A2c, lower grades 1oc.
Eggs - Receipts to-day. 1l.5se cases
Frosh gathered. extras dozen. 6aG7oc
eNira frsis, s7@ $50 hrsts. s6c seconds
53 4 soc; dirties, NO. l. 5tQ 5oc. checks
Islr TO choice dry. As q sc, refrigerator.
llfsts. 81 sc; seconds 5oNCnc state
Pennsylvania ard nearby Western. hen
nerY whites extras 7sc; extra frsts ,Gq
re, hrsts. 79c. gathered whites nrsts 10
Extra frsts, IS q IL. under GRADES ssq
lfc' pullets. s5m o5c. Pacific Coast white
eNtras, 7'c. extra iirsts, 7G n 77c firsts
Iaci under grades. - ri 7.c pulists select
ed. small out. 6am 7oc, usual sizes 6S5
soc, other Western and Southern> GATH
cred whites. 6s q &c: state. PENNSYLVANIA
ana nearby Western hennerv browns
extra. - n 12c, gathered brown ami ,nixed
coiors graded. 6aQ zoe: hrsls to extra
hrsts, 66 u Gsc.
New-York tribune., 1921-01-04

Of Mexican government securities in
default. British French, Dutch.
SWISS and American banking groups
are represented in the organization.
Recently Speyer G. Co., acting in
dencnd 'ntly, asked the deposit by
holders of two Issues Of Mexican Sc
curlhes. aggrcgating approximately
New-York tribune., 1921-01-04

Raw sugar failed to improve in tone
yesterday, but holders remained dis
inclined to lower prices and buyers
showed little interest in offerings
Cubas were available at 414c cost and
freight. The demand for refined
showed no Improvement. Futures
were easier at the opening, but re-
covered on buying by shorts and
closed al advances Of 10 to 20 points
The range Of nrices:
New-York tribune., 1921-01-04
Livestock, Meats, Provisions

Yesterday. Year ago
Live beef, fair TO
prime. 100 lbs s1o.c5W11.d0 s1275N17nN
= . . d beer.
sides. lb.... $50 20 lsN 25
Live Neals, COM
mon to prime.
100 lbs. ...... io01 c1no 1onnTe4 On
u d veal,
.,.,y eity ID 80 900 80 ESQ .a5
lbs: ....:..... a.Oo@ 800 7ooalo5o
city ib. .... .0s0 Is I'm ts
Live lambs. fair
to prime. 100
lbs .......... ln5nG1onn 1e5n47oo M
Drtssed lambs.
Hss ...: % % 53Sli55 &c s; 1893 55a a.s:s9 S
>, bacon, b. ..ls1sQ - .2o1s0 81
Moss beef, bhl 16nON1S 500 81 oo IN % %
Lard, NJ d le
West. 90 lbs l3.3N0134o o3an1;o. m
New-York tribune., 1921-01-04
Rubber COMPANY to Resume

The Republic Rubber Corporation
viii resume operations week from
Monday, and by the following week
will be in full operation. it was an
nounced yesterday. The tire. tube and
solid tire departments will resume on
three eight-hour turns on Monday,
January Il. Orders have been piling
up since the plant shut down on De
cember % for inventory and repairs.
These orders are expected to keep the
plant in operation for some time.
New-York tribune., 1921-01-04
Dividends
NntiOnal Iicnricn Ia

National Licorce Co.--An extra dividend
OF per cent in cash has been declared
n addltion to the regular semi-annual div
dend of "a per cent. both payable Janu
airy Il TO stockholders CT record Janu
New-York tribune., 1921-01-04
sont'lern ..noI Marl,cts-lialvez.o steadx.

~nH1 l"fh EHrn1 NhrI>cfs--- Weston stcadN,
50 points higher. at lie; sales. 1.3lf bales'
New Orleans steady, unchanged. at lie.
sales. us bales MOBILE nominal un-
changed a 12.25c sales nil Savannah
steady, - higher. at 1850: sales mi
Augusta steady 30 higher at 13 soc: sales.
200 bales Memphis steady, unchanged
at ic, sales. so bales St. Louis steaA Av
unchanged, at lie, sales nil Houston
quiet s. higher. at 1860; sales ? Ais
bales Little Rock quiet, UNCHANGED. at
]fc. sales. ! 80 bales Dallas steady 100
higher. at 13.loc. sales. 3.262 bales Mont
New-York tribune., 1921-01-04
Miscellaneous Oil Companies

Atlantic Lobos Oil Co...... % 30
do pf. ..................... 10 90
Ccsden 4 Co.. ..........,....... 5i2
Elk Basin Cons Pet Co 81
linp"ilal on Ltd .........,... 12 Sc
Magnolia Petroleum Co...... $50 40
Merritt Oil Corporation .... 1O7x Ia
Mlu"'st Nrfining Co.......... l3s 40
Mountain Producers ....... S.. o.
northwest Oil Co o........ 20 %
Producers & Ref Corp, CON-. g.. 4,
salt Creek Producers ncW.. u 10,
- pr4Pa NelnlnS co .......... "a
N,s stern States Oil e. Land Co.
New-York tribune., 1921-01-04

Coffee Futures-An improved tone in cot
Zee at tbs opening failed to hold and the
10 TO Il points net lower.
Tho range of prices
New-York tribune., 1921-01-04
Philade! e!pi,ia
Bonds
3000 Lake S 1T S.. 48 4
Pittsburgh

1915 Ark Gas -. ~
ieo sarnsdsn { 8 6, a. e
200 loo Carbo .a..3 Hyd pf - * e. ~.
aoo ,5utle! Giiles.. ce 3. 2Bs4 a.. Is /,
10 Nat Firo pil - >, :
- Ohio Fuel Oil - fsia -
s5o ~ 9ilio 1hio Fuel Sup 46is IS. l6i. -,
99p Ok homa Gas 9oss 2a-s 9oss "a,
10 Fits Brew NJ
~ Iltts Jerome.
100 Pitts {. Gas. 12 IL y 10
2i5 estiny Elec 48 43 47n -
New-York tribune., 1921-01-04
New York Cify RondS
New York State Bonds

Issued in coupon and registered form
not interchanscable. Coupon bonds regis
Form, Rate Maturity. Bid Ask Yiold
anal Imp tlas. 1854 loo 1o2i3 4S7
highway Imp AIS. las9.loo 1o2ls 4.s7
Canal Imp 4l4s, 1865 .... o5i1 qS ~
Highway Imp 4La. 1865 aii3 % 137
Barge Can Ter 4i4s. 1856 95la % A37
Highway Imp As 19s7 80 ~ 441
Canal Imp 4s 1867 7.... 50 o. ~
High Imp As. l96O-'62 Inc 50 o. 1i9
- do 4s 1858. .......... 50 92 ~
Canal imp 4s. la6O-62 Inc 80 az IL
Palisades Park 4s 1861 50 90 -
Barge Can Ter As. 19i2-'45 50 -
New-York tribune., 1921-01-04
Baltimore
Boston { urn
''N ~ S' ~
Ed A 81,

Eid. Ask via ASK
Ariz Extn ~ lIron Tslosa N i
.>ris Silver is % lror Cep.... - 5
Ar.2 Tip r s Ia Rose. .... 10 -
Hll Hawk Is - Alslestic ..+ =
ifoe & Moa.5S 81 VI eN Metals so -
.CAlavoras ~ tNidw Moss 50
chef Con-. 2iA "a NpIarcN -
crown ~. 2o Nu'l Dv Tr5o a.
Crls' al ne'3 33 50 "a l. q I,-
Denbigh .l5 10 |NlAon ...-..
Eagle = r rs 2f. iia~rier .-, ~
eureka CrS - As syn Metals ii 12
Fortuna silver Reef.
fisGsden Sd 45 N Ner ENt.-,
Homa oil T.. : ukcn ....'o 10
New-York tribune., 1921-01-04
Federal and Joint Stock Land Rank
Bonds

,,., Bid. Ask. Yield /
,,oSe%a, lgSS,1'I5 i,s -. .,,. oshs s5 545
:, ,aGG4, lgas,lel4 .,......;.:.. s6N IS 5.55
193S-1o23 ...... SGs 81 5-c
Federal Farm Loan AIS ~
,ol9i l95'sisS2 ei92' ...n..;..... Sc. Ss $50
JOINT Stocit Land Bank 5s,
1939-1924 ...... 81 ee .,
Joint Stock Land Bank as ''A
193S-l9g3 ....... 81 Sc .,
New-York tribune., 1921-01-04
Montreal

Ala u ou nu Ask Bid Ask
-" * % Z. Dom Br1g SIS S
,,,ls> uo pl 90 Dom Steel i2i, A.
,t''sSp T. = =, 40 Dom TNtl lo42s 1o4 T.,
Bel Tel -. 90 100 rnih "a 90 AZ %
Br T l. &P 3l5s - NrI.NrSIoC =, -,
Brmp Pap 55hs 65a, Man rrc,, Ia, =
pl 59 pgvl Mig $50
On On Elc % qAs, s,IShavnrr' io9tl i9'
Can Srmsh 47n IS SIM ~ 80
do pf... 65 Is do % 90,
c NJ &, SIN IL Stl ca ~ 20 - =
DIT Tn Ry SO o. =
New-York tribune., 1921-01-04
n. rs higher. at 1890; sales. "a
Cotton Statistics

liverpool Cables-spot cotton quiet and
points higher at S.74d for Middlin~
SAFES 9.ooo bales. American 5000 bales
Imports $4,000 bales. American If, coo bales
Futures opened quiet but steady al to Q
points advance, closed steady at Il 70 so
points advance January. 922d. March
SD MAY. o47d, July. 9.57d: October.
a2fd Maachester Yarns irregular and
cloths dull.
Cottonseed Oil
ne market was only moderately active
ana price changes We're teverish Final
Total sales for the day were a.sOO barrels.
The range OF prices follows
New-York tribune., 1921-01-04
Toronto
Hid Ask

,I 737 I'm BID Ask
Aaanac Mng Crp Cn l..
ATLAS ,.... Is 'rtrsr ik n
BaileN .. y Pore Crow,
Chbrms Fri II pore 'r,sade >"
coniaEas,... = Pore lr,nrl
CroVn RsV !. : rrsfn = -
Dome Lake. Tx Iurhes
Gold Hcef. Z I'm, ele,,,,,c
~. ~ INN hmpn krst |
y, Ilh,, I'NrS Vacuum Gas \. :,
aEe shore. :. T., Wtst Don.
Mc!ntyre.-.. IN Il,
New-York tribune., 1921-01-04
Railroads
Ni.NnlllnnnI1s

& { Ass a. e.. @,..... ;s.. 4 ~ =
- Amoskeag ... - Il "a -
355 ANN Pneu SVc -a. 81, 90. ~
IS do ~ ........ si2 s1s -, ~
oo Ann Sug ...... 91i4 q21, ~ a.
1l2 do pf....... l0ols 1o} looi4 lOi
i5o ANN Tel ..... fGl, af'a o6i. a6's
ANN Wool. 5aa, 59's 500, 5as
% do IF ..... f3il aaia Az 92is
30 \ O W nf..... 4Gia 4eia 42i2 49,
go Atlas Tack.... Il 16ts Is lfix
SD Century ...-.. qf a6
100 Z Boston Land - - AZ a..
- Eastern Mfg. 9l7s ?l7s 2l7s 2i-9
l2s Edison .-...-..l52 100 l52 l5ns.
g e S'sps5sl ass.5a nlee..iss ~ i Il IL
l67 InD Cement. &C.. 23l, 2Sl, - q
100 Int Futtorhole
22o Intl Frods..... 81.
10 do pf........ % - "a II
32o Island OIL. -. 4ss ~ 4s.
20 T Conuor.... ga 1915 lsls 13l.
d@h Libby ........ - 12l2 1lHs 12ls
q l.oews ........... ~ IL II II
- Mass Cas...... 81 81 81 s,
& do pf....... 6Oi, fni5 Gnt5 fniA
IN McElw 1st pf. % ao an m
l4i NoN lrN...... T., IA l3i, 10
so Mex r 4 r .. ~ Nv / H.
a2l Sat Ioather... 81. ~, sa AZ
- Now Enc Tel 49, ~ Nbl5 o.
$50 orphoum - 2Gi. 26ss ga ( oea.
&. Pacific Mills .lfs liIt l,s III
., fce buttonh9le 18ia l3ia 1ai, l3is
hon simrs Mag
i+o sNlft ;.....1oa i" lols1os
AID do lnu @7g 2a'4 u IS.
New-York tribune., 1921-01-04

Open. High. Low Close. close
March CO.. 10 17oa. ssi4 1.76ls 50
May. ls4s9 1.71s. l.se,. liz l.ss
New-York tribune., 1921-01-04
An Investment !
@Message@

Tc those who are so fortunate a,
to have ready money available we
arc trying to get this message:
Perhaps never again will
there be such bargains in in
vestment securities as the mar.
ket now offers, and so we saw to
all, and this means you,-
scrape together all the money
you can get without borrowing
and buy investment securities
and buy them now.
New-York tribune., 1921-01-04
Ro,r Sugar Tone Fails
10 HwT0rc; Prices Easy

Cnrrn~t V 4
Evening journal., 1921-03-21

"Inasmuch as ye haUe done it
unto one of the least of these,
My brethren, ye haze done it
unto NE.
Evening journal., 1921-03-21

ON NAOx OxVOxOxAxx
THREE THOUSAND PEOPLE Wilmington require
clothing shelter COAL nursing med
way provide To take of this
dihOn the
ASSOCIATED CHARITIES
AND VISITING NURSE ASSOCIATION
doing excellent work BUT they must be
supported by the CEaritably inclined Public
previous years appealed
The needs of the Association however, than
and $4,000 is required for the years work
The purpose of this CONTRIBUTIONS of
ONE DOLLAR from citizen of Wilmington With that
end Boy Scouts distributed from house house envelopes
addressed Associated Charities which
the Association Headquarters 6O2 West Street, either by
mall they be left the Drug Store
neighbOrOOd will be collected by
authorized Envelopes also all Drug
We earnestly appeal the good people Wilmington for their
early and generous response
At this of the year when se-sacrice ORDER
peculiarly fitting contribute Give
pleasure help the needy.
= 1T FOR CHARIT'
ASSOCIATED CHARITIES A ANR W2 FR NURSE ASSOCIATION
CHARLES , l. PATTERSON o 5 McHRD REESE a MMoNEY
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-27
WE LOSE AT GOLF

TOLF to some people is-as many anxious
" clergmen know--the engenderer of an
almost religious passion.
To these zealots on one hand and to the
folk who desire to see America first in all
things good, the gradual and complete elimi-
nation Of American contestants from the in
ternational tournament at Hoylake, Eng
land, will mean grief and pain.
One by one they fell! But why worry ?
Golf, after all. is a Britisher's game. When
an all British team of ball players loafs
over here and trims an American nine com
posed Of our best we shall have reason to
feel that we are slipping backward in the
march Of civilization.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-27
PAYMENT OF LIBERTY BONDS

HOLDERS Of bonds of the Third and
IL Fifth Liberty Loans will be intensely
interested in the announcement by Secretary
Mellon that the loans to the Allies, ap-
proximating $1O, 900 ,OOO, 900, are to be put
into such shape that the loans can be used
to take up the Liberty Bonds.
The Fifth loan Of "a, ,49I ,S1S,750 ma
lures in 1923 and the Third loan of $4.-
175, $50, ,O5O will be due five years later, in
1928. The total Of the two loans is within
half a billion Of the amount owed to the
United States by Great Britain, France,
Italy and Belgium.
Secretary Mellon has explained that no
plan has yet been perfected for the exchange
Of the bonds of the foreign countries for the
Liberty Bonds. But he agrees with Presi-
dent Harding that 1t is desirable to make
the foreign Governments the debtors of the
private citizens of this country rather than
the debtors of the American Government.
II the Secretary of the Treasury can find
way to take care of the payment of $4,-
497 200, 900 Of the Fifth Liberty Loan,
which natures in two years, by some ma
nipulation of the European obligations he
will qualify as a financier of the first rank.
The loan maturing in 1929 will have to be
refunded in some way. 1t is not practicable
to pay 1t out of the current revenues. The
people would not submit to the heavy taxes
which would be necessary. And there are
few persons who would be willing to ex =
change bond of the United States. on which
interest is regularly paid. for bond of a
foreign Government on which no interes.
has yet been paid.
Of course, many things can happen in
twenty four months. France. Great Brit
ain, Belgium and Italy may be in cond
tion to pay the interest then. But at thr
present time 1t would be impossible to sell
in this country, at anything like par
81, 900 900, 900 of British bonds on which tn,
interest has been unpaid, even if they coult
be sold at all.
The holders Of the Liberty Bonds due In
1923 will be curious to know what arrange.
ments Secretary Mellon finally makes to pay
tbern
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-27
THE GOVERNOR APOLOGIES

GOVERNOR SPROUL has signed the
VI Daix Municipal Court judgeship bill
with an apology.
The bill fixes time for the election of
extra judges of the court as the population
of the city increases. According to the
figures Of the last census, there should be one
more judge on the bench. Governor Sproul
refused to make the appointment pending
election, on the ground that there are al
ready judges enough 10 do the business of
the court. His reasoning was sound. There
is no excuse for another judge save the
desire for more patronage.
It was this desire that prompted the
drafting Of the Daix bill. Under 1t a new
Judge will be nominated at the September
primaries and elected in November for the
term of ten years from January /. The
Governor explains that he has signed the
bill "for the reason that If an additional
Judge is to be nominated and elected there
should be no doubt as TO the legality of his
tenure" He allows it to be inferred that
the bill merely corrects n defect in the
original law.
The Governor may be technically correct.
But the effect of the bill is to create an extra
Judge and to burden the taxpayers with the
payment Of his salary and the salary of his
clerks and stenographers, on the number of
which there is no limit save the discretion
Of Presiding Judge Brown.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-27
ARE THEY OUT AGAIN?

CAMUEL UNTERMYER, acting as spc-
- cial voluntary counsel for the Lockwood
Committee of the New York Legislature,
was in reality counsel for the general public
of the United States In the fight against the
secret organizations formed to keep the costs
of building material close to the sky and to
retard the efforts of the general population
to find adequate shelter.
Because of Mr.. Untermycrs energy the
people have had a glimpse behind the scenes.
They saw great interlocking combines which
first cornered markets and then. through
secret agreements with unscrupulous labor
leaders, took billions Of dollars from the
pockets of home builders and tenants every
where in the East. Now Mr.. Untermyer
has closed the hearings and resigned in
genuine rage. Though many of the accused
men and corporations were proved guilty
of the charges made against them, they were
let off with comparatively light fines by
Supreme Court Justice Vernon NJ. Davis.
Some of the offenders paid $500. The
heaviest penalty imposed was fine of $4,000
Apparently there is nothing to prevent a
renewal Of the orgy of extortion.
Mr. Untermyer demanded Jail sentences
and was rebuked mildly by the court. But
TO impose fine Of $4,000 on n profteering
corporation in the building material trade
is like putting n fine of 500 on first rank
bootlegger who finds little difficulty in
making a dollar a minute when his business
is fourishing.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-27
UP TO coRTElYoU

A PPARENTLY the Civil Service investi
"A CATION of police Irregularities in the
Fourth Ward has collapsed. 1t did not
actually begin.
Mayor Moore plainly desires clean police
force. How many people in his Admins
tration share that desire?
The lid was lifted for a minute and then
clapped down-hard.
The evidence disclosed was enough to
prove that the heclers are rivaling Director
Cortelyou and the Mayor for control of the
Police Bureau.
The Director, who has had secret police
working for some purpose, ought now to take
the lead in forcing a show down. He should
not be willing to remain passive under the
charges and innuendo aimed at his admins
tration Of the department. He can perform
NO more valuable service to his chief and
the city than to force housecleaning which
will destroy all doubts and restore complete
public confidence in the police force from
the top to the bottom.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-27
TRADE AND PEACE

THOSE nervous persons who stay awake
i o nights dreading war between the
United States and Japan might allay their
fears II they would read and digest some of
the figures contained in the Financial and
Economic Annual of Japan for 1920, which
has just arrived in this country.
This annual shows that the United States
Is Japans best customer. The total ex
ports to this country In 1919 were worth
S414 900. 900. All Europe bought only
S97 .O0O. 900 worth of goods from Japan in
the same year, and the total purchases Of
all Asia amounted TO only $50. 900 900 more
than the purchases Of the United States.
Japan bought from this country in 1919
goods worth 1888 900 200, leaving balance
in her favor of S31 200 900 She bought
from Europe only sS1 900 900 worth of
goods and from Asia $532 600, 900 worth
The purchases from China were S16l 900, 900
and the sales to China We're 1929 900. 900
worth.
The japanese are not fools. Nothing that
they could gain from a war with the United
States would be worth the price which they
would have to pay for it in interruption Of
trade and loss Of markets, to say nothing
Of certain defeat.