davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-01-20
RESERVE
HEAD SELECTED
Harding Admits He Has Peen
Offered Presidency of Big
Foreign Trade Corp.

Gov. w. P. G.. Harding, Of the
Federal Reserve Board. said today
he had been offered the presidency
of the new 800, OO0 600 foreign ex-
port financing corporation to be or
Sanized in New York under the
Edge act, but that he would have
no statement to make until he had
been elected by the board of gov
errors Of the proposed concern.
Governor Harding said that as the
situation now stood, the organiza-
ton committee would make recon-
mendations as to the members OF the
board of directors and the presi-
dent Of the concern. but that until
the board had been duly elected 1t
could take no action with regard
TO selecting a president of the COM
pany.
The governor said he appreciated
the Importance of the proposed cor
poration, as II would provide a
greatly needed means Of financing
the countrys foreign trade. Opera
toin of the corporation, he added,
would result in inestmable benefit
to domestic commerce and have n
good effect upon the general Gnan-
Cial situation OF the country.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-01-20
INQUIRY ON AMERICAN DRUG

IL. Il. r., Euclid str~~t-Wiil you
please tell me what you think OF
American DRUG stock as an inves~
ment? Also Tobacco PFoduetsf
Asswer-Anericsa DRUGGISTS Syn
dicate. Incorporated In 1910. has out
standing s6.77S120 capital stock of
$40 par value. 1t has no funded debt
stock Exchange January "a, 1919. The
company pays 8 per cent or so cents a
share per annum. payable every six
months, March and September IS.
individual dividends are concernedc
So far this company has made good
to its shareholders so far as dividends
are concerned, but il has shown ma
terial losses in the market and is now
selling around $3.50 against $3.50 a
year ago. At present the stock yields
1887 per cent. which high yield. in our
opinion. suggests that the per cent
dividend is not any too sure. We
cannot attempt to advise It's purcha se.
Tobacco Products Corporation or
ganized in 1912. has outstanding S.
100000 preferred stock. par 800. and
$4,000 shares common stock, par 800.
The company has been paying divi-
dends at the rate OF per cent or IS
a share on the common stock. In the
year ended December 81. 1919. the
company earned around $3.50 share
on the common stock against ST. a
share the year before. From October
s. 1912. to December 81, 1919, the com
pany's earnings were equivalent to
1914 share per annum on the com
mon stock.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-01-20

There is no arbitrary rule adopt
ed. The principle on which tho re-
duction will be made is to secure
the utmost economy consistent with
safety and efficiency. The vice
presidents, however, have been di-
rected that in carrying out these in
structions they should do SO in tho
manner best adapted to avoid as far
as possible unnecessary disruption
Of the organization or individual
hardships.
ut is to be hoped that the reduc-
ton in business will continue for
only a brief period. The manage
ment Of the Pennsylvania Railroad
sincerely regrets that uninterrupted
employment cannot be assured to
very faithful man on its payroll.
But the situation is a practical one,
and no way has as yet been devised
in such circumstances as those now
existing to avoid a reduction in ex-
penses and working forces.
"As indicative Of the severity Of
the conditions confronting the man
agement. it may be nointed out that
the Pennsylvania Railroad System
now has on its lines $4,000 idle
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-01-20
Additional Financial News
On Page FL

vator. Some say they even sought
Reeves advice at times.
"Old Reeves" lifelong friends had
been the late Chief Justice Falcon
bridge and Sir william MULCH. of the
Ontario bench. In his elevator quar-
tiers Reeves would chat with distin-
guished visitors and consider himself
their equal. but he disdained to re-
thought himself too old to retrieve
IS former place by dint OF personal
fort.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-01-20
BRITAIN MADE FOCH
ALLIED ARMY HEAD
Statement of Marshal Himself
Settles Dispute That Dis
urbed Paris.

PARIS, Jan. .0.--For some consid-
rable Il ne n dispute has ragged be-
ween members Of the late Clcmcn-
eau cabinet and Marshal Foch and
is stan as to exactly how Foch be-
anne commandment OF the
llicd forces during the war. Ad-
mirers of the Tiger" as Clemen-
eau Is known here, said Foch was
rppointed to his high post tha~ks to
he French prcmier's rccNmmcn n Ia
ions at the DOullens conference be-
wcen the Alli"d governments and
military leaders. Foch's friends, on
the other hand, said the Marshal owed
hIq position 20 a biz Allied Power
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-01-20
1850, Bo.d. DO you consider same

Uss0p Bosd. DO you consider same
a good investment?
Answer-we believe that all the
bonds in your list have attractive fea-
lures. though they ~ange over a con-
siderably wide field OF quality. The
best bond in the list Is Southern Pc
.'inc convertible ss tno longer con
yertible). The next best Hoek Island
refunSinE es. the next best ST. Paul
convertible sk's, the next best ssn
kntosio and Arkansas Pass -, with
r'risco adjustment 6's coming last.
We have not attempted TO arrange
these bonds in the order Of specula-
i've merit. AS Il matter OF fact. TX
We were 10 arrange them according to
heir speculative possibilities we
houId put the last-named bond nrst-
our Armour 7's are absolutely a good
Investment, in our opinion. and we
hould advise you to hold on, despite
ne present some what low price.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-01-20
LIVERPOOL COTTON.

LIVERPOOL Jan. 20.---Spot cotton
opeped in limited request. Prices
were easier. Sales 4.0OO bales.
Amer mids. 1888; good mids. Ills;
fully mids, 1913: mids, 8.+3; low mids.
s.ls; good ord. 6SS: ord. sos.
Futures opened quiet.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-01-20
INTERPRETED IN BONDS.

W. 4. F., Tenth street northwest.-
Am thinking of investing $1,000 in
each of the following: St. Louis and
San Francisco adjustment 6's IeSS),
81; Chicago, Milwaukee and st. Paul
convertible 4Is's u032), 81; southern
Pacific convertible As Uo20), 75h: :
San Antonio and Arkansas Pass LIST
- GV43), 60I1, and Chicago. Rock
Island and Pacific refundinK 4's
65Ia.
Kindly advise IL you consider
them a good investment and not
speculative.
Have bought a $1,000 Armour rs
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-01-20
CITIES SERVICE DIVIDENDS.

Cities Service Company has de-
clared the regular monthly cash divi-
dend of u of I per cent on the pre-
fcrred stock, the preference b stock,
and the common stock, and also a
regular monthly dividend Of IA per
cent on the common stock payable in
common stock at par, all dividends
being payable March 1 to stocks of
record February Is.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-01-20
Pennsy System Orders
1919 Cut in Expenses

ordered 10
in those November
Pennsylvania issued
this
falling
Railroad instructed all effect
November 1920 This is in addition to the reduction
decided to be
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-01-20
- 7 NJ n


CUNo II. RUDOLPH, presi-
dent OF The Second National
Bank, Who has Just been re-
elected 10 the presidency Of the
Washington Cl airing House As
ISOLATION. George Starkey and
Clprence C0rson have been
made members Of the clearing
committee.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-01-20
Investors Service

The Washng,on Times viii be glad for s readers In
svslsbe authoritative This
service hunssy building Warrington " c.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-01-20

The doings OF Boob McNutt" Cold
berg's funniest cartoon character. are
a weekly feature Of the four-page color
ed comic section Of The Sunday Eve
ming Times
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-01-20

It's q shallow brand Of patriotism
hat doesn't burn ns brightly in time
of pence ss in time OF stress. Have
you pnid your Income taxi
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-01-20
Jurisdiction of u. S.

The jurisdiction of tho United
states extends three miles out TO
sea
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-01-20

owned
he idle increasing daily.
% compared with
available information prevailing conditions
lowing the freight must be anticipated before
be reasonably expected
Regretaby there therefore to the management
o curtail accordingly"
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-18
DEALT HARD BLOW
n. Y. and Washington Profiteers
Hit by Supreme Court.
Housing Bills" by n. Y. As
sembly and Congress Upheld.

Washington, April 1S.-Washington
rent profiteers were dealt a heavy
blow by the United States supreme
court today
The emergency housing laws, enact
ed by the New York legislature and
congress TO protect people against rent
profiteers were held constitutional
The vote of the court in both cases
was TO +. The court upheld the ap-
plication of the New York law to all
buildings.
The New York laws were the result
of the special session by the legisla-
ture, called by Ex-Governor Smith to
prevent the charging of excessive
rents and the ousting of tenants who
refused to renew leases at much
higher rates.
The court upheld the broad prin-
ciple that a state, as the result of an
emergency. such as the serious lack
of housing. can enact laws to protect
it's citizens against profiteers.
The District of Columbia law was
passed by congress
The constitutionalty of the New
York law was attack before the
courts by large real estate firms in
New York city.
of Marcus Brown Holding company.
who sought to evict Marcus Feldman.
BENJAMIN and Frank Schwartz, who
refused to renew a lease at a much
higher rate.
Special attorneys were appointed by
| the state and the New York legisla-
ture joint committee on housing was
appointed to make the fight in sup
mort of the laws
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-18
WILL MAKE STIFF FIGHT
City Is Preparing Protest in Gas
Service Charge.

The city of Topeka will not let a
gas service charge of 10 cents be IN
flicted permanently upon Topeka by
the Consumers Light, Heat & Power
company without a stiff protest, ac-
cording to D. H. Branaman, city at
torney.
The gas company will know that
there is real fight on that service
charge when the case is heard before
the utilities commission May 81 Bran
anan said today. We have made a
study of the legal and technical points
involved and will be ready to protest.
Col. Clad Hamilton is employed as
special counsel for the city. y. 7.
Veatch and Z. B. Black of a Kansas
City engineering firm are making a
valuation OF the gas plant for the use
of the city in, the case. We shall be
able TO meet the company's argu-
ments I'm sure"
All exhibits for the gas company in
the service charge case must be be
fore the utilities commission by April
-. Branaman said, and the city's eX-
hibits by May l.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-18
WRAGE-KING TRIAL ON
Young Man Asks $4,000 Damages
From Topeka Attorney.


Trial of a suit brought by Dewey
Wrage. 81, TO collect $40, 1000 damages
from j. j. King, North Topeka attor-
ney, for injuries he received when
Kings car struck hiTns-in October,
this morning before a jury in Judge
George Whitcomb's division of the dis
trict court.
Both of Wrage's legs were broken
one in two places-when Kings car
struck him, according to testimony As
a, result of his injuries he was con-
fined to the hospital for nine months
1t is alleged that he will be a perma-
nent cripple. One physician testified
that another operation probably would
be necessary to enable the youth to
regain the use of his left leg and that
this probably would result in several
months more in the hospital.
Attempts of the plaintiffs attorneys
TO exhibit to the jury photographs of
Wrage lying in a hospital bed with
heavy weights attached to his feet and
his body lying in a downward position
in order to pull against the weights
brought q storm of objections from
the defense that resulted in the jury
being excused while the question was
argued to the court. Judge Whitcomb
ruled the photographs out for the
present time.
Wrage claims he was crossing from
one side of the bridge to the other
when Kings car. travelling at high
speed, rounded the corner of a truck,
striking him without warning. King
alleges that Wrage started to run
across the bridge ahead of the truck
and that he ran directly into the ap-
preaching car.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-18
SANTA FE WINS IT'S CASE.
Government to Pay Fun Fare For
Troops Moved.


Washington. April 1s.-Reversing
the court of claims, the supreme court
today ruled that in the absence of a
special contract the government would
have to pay regular rates to the Atch-
ison, Topeka & Santa Fe railroad for
transporting soldiers in 1874 and 1915.
Army accounting officers erred in
arbitrarily constructing" a special
tariff 10 cover the service, the court
held.
The figures involved in the decision
referred to are not available in To
peka, having been collected in the Chi
cago offices of the Santa Fe. and the
officials of the road here do not know
what amount of money is coming &c
them, as a result of the decision. oil
what specific troop movements. ars
covered
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-18
YOUTHFUL ROBBERS CONFESS
Four Boys Admit Taking Number of
Articles From Topeka Firms.

Confessions that they had made sew
eraI robberies were made Sunday night
by four boys taken into custody by
Detective Jesse Hill. Hill overheard
Raymond Jones, ,, ask man stand
ing at Fourth and Kansas avenues to
buy a sack of tobacco. and say he had
fifty more to sell. Hill started an in
yestigation.
Jones confessed that he stole the
tobacco from the Poehler Mercantile
company garage, Second and jack
son streets. With CLYDE Galbraith, he
said, he stole several cement sacks
from the Heck Lumber company. He
and Lawrence Getty. he said, entered
the home of D. J. Logan. "a Fillmore
street, a year ago and stole some PEN
MES. Arno Starkel confessed that he
and other boys had stolen wrenches
from autos parked on East Eighth
street. Clyde Galbraith confessed that
he and the Jones and Getty boys stole
a crate of oranges and another of
bananas from a freight car.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-18
R. ". FRITTS TAKES OWN LIFE
Dependency Over Ill Health Is Given
as Cause of Suicide.

Despondent because of i'll health
which prevented him from working,
Reid William Fritts. A, committed
suicide by shooting himself thru the
heart with a shotgun at his home west
of Gage park about 5 o'clock Saturday
afternoon. Unobserved by members
of his family, he went into the kitchen.
placed the muzzle of a shotgun against
his breast and pulled the trigger.
Fritts had been suffering from a
cancer since early in January, which
had prevented him from working at
his employment in the Santa Fe shops.
but had made no threats to end his
life. according to information gath
cred by DR.. H L. Clark, county coro-
ner. No inquest will be held, Doctor
Clark said.
Fritts is survived by his widow and
three children. Paul IS, Adelia 10 and
Albert 10. Physicians had pronounced
his malady incurable and said he
would probably survive only a few
weeks.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-18
WOULD PUT BAN ON ALL IApS
Californian Urges House Immigration
Committee TO Drastic Action

Californian Urges House Immigration
Committee to Drastic Action
Washington, April iS.-Absolute
exclusion, of all japanese Immigration
and Withholding of American citizen
ship from all members of the yellow
race was urged to the house imn1igra-
ton committee today.
V S. McClatchy. publisher of the
Sacramento Bee. representing the
Japanese Exclusion league of Cali
fornia, told the committee there Is
very grave danger" TO this country
unless these steps are taken
He protested against naturalized
japanese beng stewards on the presi-
I dents yacht, on battleships and IN
other Important places" declaring
that under japanese law they continue
Ito be japanese citizens. despite Ameri-
, can citizenship and in case of war
must be traitors to Japan if they re-
main loyal TO the United States"
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-18
TO QUASH CASE
Kansas Asks Supreme Court to
Dismiss HOwat Appeal.
Alleges No Jurisdiction in Test
of Industrial Court.

Washington. April 1S.-The state of
kansas asked the supreme court today
70 dismiss the appeal of Alexander
Aowat, president of the Kansas
Miners union, and five other union
oItlcers from convictions in state
courts for contempt in calling strike s
IN violation Of an injunction issued by
those courts
The state alleged that the calling
OF strike was in the nature of a test
of strength between the Howar
forces and the Kansas court of indus
trial relations and declared that the
supreme court was without jurisdic-
ton in the case. Howats appeal at
tackled the validity of the law estab-
fishing the industrial court
Howat and other Kansas mine lead
ers refused to recognize the court and
called strikes in violation of the courts
orders. They We're sent to jail for
contempt, and then attacked the val
idity of the law. The Kansas supreme
court upheld the law and Howat APP
pealed.
The state claimed today the 'su-
preme court has no jurisdiction be-
In case the court decided otherwise,
the state asked that the arguments
on the appeal be advanced
Howat's appeal was certified to the
United States several weeks ago on a
writ OF error from the Kansas SUI
preme court. The state supreme court
had affirmed a decision of the Craw
ford county district court. which held
against Howat when he attacked va
ljdity of the Kansas industrial court
law Howat's appeal is an attack on
the oonstitutionality of the Kansas
law. The states motion is a formal
move in defining issues in the case
and if sustained would wipe the Howat
appeal from the records. If the mo-
tion is overruled, a date may be fixed
for final hearing of the appeal on its
merits.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-18
MANY CHANGES IN K. n. G.
New Appointments Made in Commits
stoned Personnel by Gen. Martin.

ICFSOnutA ny ONhA. -tAe-A ~
with reorganization of the Kansas
National Guard and formation of new
units in the fourth regiment, several
changes in the commissioned person.
mel have been made by Adj. Gen
Charles L Martin. A general order
issued from X y. G. headquarters
here announces the following changes
between February 8 and March 81;
Appointments: Leigh Hunt, Rose
dale. to be lieutenant colonel, field
artillery: assigned to First Field Ar
tiIIery, Hutchinson. to fill vacancy
Earl Austin Blackman, Chanute, to be
first lieutenant. field artillery; as
signed to duty as char plain, First Field
Artillery, Hutchinson, to fill vacancy
John S Lanter. Horton, TO be second
lieutenant; assigned to duty as re-
cruiting officer at Horton.
transfer: Capt Frank H. Grigs
cavalry. to National Guard Reserve.
designations: First Lieut. William
e. Keener and Second Lieut.. George
w Wylie. both cavalry.
Discharges: Capt. f. A. Lyon, field
artillery, recruiting officer. First Lieut..
CLYDE L. Kaufman. cavalry.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-18
Line Up Against Panama.

Washington. April 1s.-Guatemala,
Honduras and Salvador. members of
the new Central American union, are
pledged to declare war simultaneously
with Costa Rica against Panama if
Costa Rica deems such action neces-
sary in view of the present boundary
dispute with Panama. according TO
official advices received here today.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-18
NEW YORK MONEY MARKET.

New York, April s.-MONEY-Prime
change irregular. Sterling. GO day bills.
and commercial GO day bills on banks, 3.sS
5 aaIa; cables, ;;93s4 Francs, demand, 725 :
cables. 1.2T. Belgian fraRcs, demand, I.4g
cables. 1.5i. Marks, demand, 159; cables,
I160 Greece demand, 6-g3.y Argentine de-
mand, 39.00. Brazilian, demand, 1852. Mon
treal, II ZIG per cent discount Covert
ment bonds, irregular; railroad bonds,
easy. Time loans. firm; TO days, 80 days
and s months, 614@1 per cent
Call money, firm: high, Z; low. .; rul-
ing rate, 4; closing bid G offered at : +;
last loan, I Bank aeceptances. 6 per cent.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-18
NEW YORK PRoDUcE MARKET.

New York. April IS.-BUTTER-Mark
firmer- Creamery higher than extras. 1914
~ 4It-c.
ECiGS-Market firmer. Fresh gathered.
extra firsts- 39n: ;0c
ESE-Market Irregular State whole
milk, flats. held specials, 276I 29c.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-18
SEM YoRK sToCK NARkEr

Wall St, New York, April 1s--STOCkS-
1oday's stock market was dull and fire.
quently reaetionary, pressure against rails
and industrials extending TO meet other
groups. Including steeis and equipments.
Sales Appropriated $4,000 shares.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-18
KANSAS CITY HAY MARKET.

Kansas City, April lS-HAN-Market I'M
changed.
AIfalfa-Choice. $2i. 0C67 % 90: No /. S21. 90
GI2s 80: standard ST. Goa 20 80: No. =. $50
a 1850: No >. S9.0OdI25o.
Prairie-No l. S13.JGG l4.J0; No. ., So. 80
d13.o0; No. 5. $65069.50
Timothy-No. 1. S1s-5cG20.OO standard.
S1T00d1S00; No. >. S15.0o9 1850; No. =,
81 OOaT15.Jo
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-18
card of Thanks.

We wish to thank our many friends
and neighbors for their kindness and
sympathy shown US in our recent be-
reavement, also for the beautiful floral
offerings.
WALRAFEN FAMILY.
Adv