davidaulloa/AmericanStories huggingface dataset:
The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1921-01-20

Science Club which was to have been
held Saturday evening, January 22nd,
has been postponed until the following
Saturday evening, January 29th, be-
cause of the community social on this
Saturday.
Word has been received from Floyd
Hulett who recently underwent sue
cessful operation at the Samaritan
Hospital in Troy, N. Y. that he Is
making a very satisfactory recovery
DIR. ID. w. Houston, Jr., performed the
operation. Mrs. Hulett spent the
week end with her husband.
The following paragraph from the
society notes in the Hartford, Conn
Times Of January It'll, will be Of inter
est 10 Dorset readers: "The Rev. anc
Mrs. William S. Walker Of Newing
ton, announce the engagement Of theil
daughter, Miss Dorothea Stanley
Walker, to Eugene Bradford Ripley
of Unio1ville. Miss Walker was gradu
ated from Mt. Holyoke College in 1915
and from the Library School Of Sim
mons College in 1920. Mr.. Ripley i
graduate Of Yale University, Gas
Of iel6, and during the war serve'
overseas as a captain in the field ar
tillery." Accompanying the para
graph IS a photograph Ct Miss Walker
The family Of Rev. William S. Wake
viii be remembered By many Of tn
people Of Dorset as Mr.. Walker va
pastor az the Congregational Churel
hcre from 1896 70 1900.
The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1921-01-20
DORSET

Mrs. Charles n. Williams is visiting
her sister, Mrs. Hit, in Castleton.
The regular meeting Of Dorset
Grange was held Wednesday evening.
p. Kent Of North Main street,
was out Of town on business Saturday,
Mrs. w. Leroy Haven and Carolyn
are the guests of friends in Little
Falls, N. Y.
c. A. Wade. Dorset's representative
at Montpelier, spent the week end at
his home here.
s. Frank Holley returned Friday
from a weeks stay with his brother
Fred S. Holley, in Troy, N. Y.
m. Campbell has returned from a
business trip 10 New York City
Bridgeport, Conn, and Bsoton, Mass,
Miss Elizabeth Humphrey has gone
to New Haven. Conn, TO be with her
sister. Mrs. Charlotte Morris, for the
remainder Of the winter.
Rev. W. Leroy Haven left Thursday
evening Of last week for Morristown
n. J., where he win spend several
weeks with his brother, DR. Haven.
Monday evening a few Of the local
ladies met at the home Of Mrs. c. A
Atkinson ard started a Choral Cluf
under the direction Of T. T Comba-
The regular Community Social vii
be held in school Han this Saturday
evening. Everyone is invited 70 at.
tend. A playlet vii be given BY 3
cast q local people.
An adjourned meeting q The ladies'
Society viii be held on Friday after
noon with Mrs. Charles Ice. Tn
election Of ofncers viii be complete,
and plans made for the work e tn
coming year
Friday evening Rev. DR.. MacCol
wil give some Shakespearean read
ings ard quotations at the home o.
Mrs. c. A. Atkinson on North MAR
street All the young people are in
vi,ed.
The meeting Of the Dorset Natural
The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1921-01-20

he gained promotion 70 The regular
mou1ted service
Cast
Tom Jones, telegraph operator.
J. J Harrington, Jr.
r d Morgan, highSayman.
c. A Atkinson
Bull. hts pal. ....- George Safio d
Ca dian Mounted Poll
Lieut.. Smiley. X X Harrington
Woodford ...... George Mcbride
lanes .. Clarence Blackmer
Coidbrook ........ I'd. stone
Scere. Telegraph station in the
Canadian Northwest.
Time: July, 1920.
The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1921-01-20
TFLEGRAPH PosT 30. 10

The one-act sketch 70 be given at
the Community Party on Saturd y
evening. January 22nd at School Hall,
Dorset. is a story Of a Dorset youth
who enlisted in the Canadian Army
nd after the war was sent by that
government to the Rocky Mountains
20 recover from the effects Of German
gas He is given a position in the
telegram service Of the Canadian
Mounted Police The play tells how
The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1921-01-20
RUTLAND COUNTY
CLUB AGENT RESIGNS

Miss Miriam Mackenzie, for the
past year and a half County Club
Agent in the Rutland County Farm
Bureau, in cooperation with the Uni.
versity Of Vermont Extension Service
has recently resigned to become teach
er at Ormsbee House, Proctor.
The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1921-01-20

A healthy man is king in his own
right; an unhealthy man an unhappy
slave. For impure blood and sluggish
liver, use Burdock Blood Bitters. On
the market IS years. sl-25 bottle.
adv.
The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1921-01-20

Harsh physics react, weaken the
bowels, will lead to chronic constipa-
ton. Doan's Regulets operate easily.
30c a box at all stores. adv
The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1921-01-20

st. Louis Times-Mr Gompers does
not realize that part Of that 100000
Harding plurality was rebuke OF his
autocratic attitude.
The daily Alaskan., 1921-09-15
Morgan Banking
 For Mexico
J. r. Morgla x Company Receives AUO her Payment for
 Allies

New York Sept, 9.-7 '' total ci Preparations moury thus far paid Jy Germany thrcugH ujs center was brought up to S55.uJi coo by the re- cent deposit of S5,OOO,OOO with J. .P. Morgan X Co. for the account Of the bank of England and the Belgian government.
 Payments are being made here In accordance with terms prescribed by the Preparations Commission, prim- ariIy because the United States is virtually the only country operating on a gold currency basis and for the equally important reason that dollar" or American exchange now is the most valuable and available medium of international remittance.
 It is also the purpose ot Germany
 It is also the purpose Of Ger mauy's former enemies, especially France and Belgium. to strengthen their resources in this country for prospective purchases of foodstUNs and other raw materials.
 German exchange was extremely weak here, al the time of the last payment the mark was falling Co I.O5 bid
The daily Alaskan., 1921-09-15

Fatal Mistakr-The lady bathor .bad got into a hole and she couldn, iawim. Nor could the young man on ] the end of the pier; but when she 'came up for the first time and he
 caught sight of her face, be could
 shriek. and he did. He shrjc6ed: ] Help"
 1 A burIy fisherman sauulcred to his side.
 "Wors up." he asked
 There " hoarsely cried the |youug man. My wife Drowning | cant swim A hundred dollars for lyon if you can save her" l In a moment the burly fisherman was in the sea. In another he was .out of it, with the rescued lady |batbe-. Thanking his lucky stars. he approached the young man again. "WeI. what about the hundred boues2" he asked But if the young mans face had been ashen gray before, now it Was white. as he gazed upon the features .or the recovered dame.
 Yes. l know " he gasped. But when | made the offer l thought ir was my wife who was drowning. ] and uow--uow iJ turns out it was 0my wite's mother," The burly fisherman pulled a Ions .facc Just my luck" he muttered. , ,lhrus'iug his hand into his trousers |pocket How much do l owe you2" . .-ghicag0 Daily News.
The daily Alaskan., 1921-09-15

Subscribe for nsc Daily NasbaH
The daily Alaskan., 1921-09-15
Local Briefs

Miss MoIie Shannon and Miss Clara Leonard were incoming pas scugers on Mondays train. Miss shannon and Miss Leonard have been canyassiug the territory for a set of books entitled, "The World Book" and other school supplies. They spent Tuesday in Skagway and visited a number of thc parents and others who might be interested in such a work. They left Tuesday evening on tho Estebctb.
 Captain Martin D. BarndoIIar with Mrs. Barndollar came in on the Jef- fcrsou and left on Tuesdays train for the interior Captain Barudollar is bound for Fort Gibbon. where he win be stationed for the next two years. They will take the govern mcut boat Jacobs from Whiteho0so. Lieutenant F. W. Groh is also bound for Fort GjbbNu. where he win he stationed
 Wednesdays train brought in a number Of soldiers from the interior who are on their way Co the states. They will leave on the Princess AL ice. They are guests Of the Puuou House.
The daily Alaskan., 1921-09-15
TWO MILLIONS FOR CORNELL

South NorwaIk, Sept 9.-CorUcu University will receive $2.0OO,OU0 under the will of the late John Nc Mullen, late president of the Atlantic Gulf and Pacific Dredging company McNullen has been a liberal sup porter of Cornell for several years and after making numerous other .bcquests in his will gave the mi ycrsity the residue of the estate which iy appears now will be approx imatcly $2.O00.O00.
The daily Alaskan., 1921-09-15
HHP IHE 0.D FOLKS
\ Helping Hand Extended r" Many
 p7F perD7r s- ~L.-rHE

\ Helping Hand EN'NN't .' ''....
 old People in >ha=way
 Most old people have a bad hack
 The kidneys are often weak
 Or worn out with years as work.
 Backache means days ol misery Urinary troubles. nights O. unrest Doau's Kidney Pills have helped to make life easier for many They are doing so for old and young
 Read the following eudo~samrnt.
 James Burke, retired contractor. COG \. Virginia street Reno. Nev- says: My back was lame and my Kidneys were weak a year ago. When I tried to get u7 from a r.a.- a terrific pain struck me in rho s-rl. Of my back and I had 70 h-ae. ~T hands on the arms Of the char tn order to raise up ] got ur several. times at night Co pass the kidney secreuons. which were hlguly c0l- ored and burned ir nassa-u ! heard about DoaUs Kidney Hl..s. and one box tro.a Julian & SEa'C- s drug store cured 0sv aaaE and maaa it sound and we'll Ny Kidneys aoraa like cIoCkworh
 Price soc. at all dealers Don't simply ask for a kidney Tomedy-Eer Doau's Kidney PHls-the same that Mir. Burke had To~cr--.lIburu Co.,, NfErs., Buffalo
The daily Alaskan., 1921-09-15

Humauc-T.1 laudlady hustled up to her new lo5g2r as he ,ame a breakfast the :~st marnirr.
 Good morlwr. sir. she wheezed
 Good morning" said the lodEar.
 "I hope you've had a good nights rest, " said the 'a15lady.
 No" said the mH5-maune8cd man. Your ca; kent me awake"
 "Ob," said ,.a land'a.u. tossing her head, "I suppose you're going to ask me to ha-a tho poc- thi1E Hued?"
 NO. not aA2ctJv" said the eouae Iodger. "Bur v9sd you very mu,h mind having it 1ncd3"-LoudoD Tit-Bits.
The daily Alaskan., 1921-09-15

WANTED-Posttf0u as aa-onaH"- cal Engineer and Pilot for season
 1922. Several years aNn........ References. c. ". Danho. Pierre.
 sD fr
The daily Alaskan., 1921-09-15

LOST-S40.00-Four ten dollar
 bills If finder win return same
 To Golden North Hotel. they will
 receive liberal reward. -.
The daily Alaskan., 1921-09-15

The Forgotten Man is just the everyday common. ordinary plain citizen who does the best he can and makes a pretty good job of ir.
 He's the man you can count on in .umes of war or in times of peace iu times of hvstartcal prosperity or in times ot gloomy depression: in times of Republican management or fu times of Democratic management
 He's a splendid old horse-hroben ito harness and hen stand without hitching.
 Remember there are millions of him. and there isn't much chance that he will ever go crazy even tho the whole world abour him does seem inclined that way.
 When thtuEs get too bad hell take a hand at running them himself and you can depend upon him Jo do it lin a sensible way.
The daily Alaskan., 1921-09-15

Long neglected deposits of Ignite lin Greece having been developed as Ia source of fuel. experiments are m der way with brfCuettug it.
The daily Alaskan., 1921-09-15
Piles Crred in c co n Days

Piles Cured in e co n Days Druggists refund money if FAZo OINTMENT fails to cure Itching. Blind, Bleeding or Protruding Piles. Instantly relieves Itching Piles, and YOU can get restfuI sleep after hrsl application. soc.
The daily Alaskan., 1921-09-15

Have ar ice cream and raararn-.r t ha..ar.s summer Ea-dar
The daily Alaskan., 1921-09-15
|TWE FORGOTTEN MAN l MARES GOOD

William Graham Sumner gives the .uuo "Tnc Forgotten Man" to one of his essays.
 The Forgotten Man" is Jha, in- dvidual who does an honest days .work. pays his bills. brings up three for four children. iuduIEos himself .iu a pipe or au occasional cigar. keeps un a small savings scsouur .uever aksks for caavHr from anyone. never gets into trouble with the po- 'nra. never makes D speech OF writes Ia letter to thc odtor-jn short hes the individual who keeps going on .nis own momentum. good times. bad times. or indifferent times. ! When the hat is passed around for Ithe down-aud-outors the Forgotten |Nan chips in his mite. | The tax collector visits the forgot |tau Man regularly. and collects toll flor the upRceD of the police courts. |5aIs. warehouses and poo-h0uses- tnona of which rhe forgotten man us- os.
 Hundreds Of social agencies exist flor the improvement of the human Trace. hut the Forgotten Man is never lmcmGed in their surveys | He is sel-supD0ruuE. saIi-sJaruug. |seIf-sul5cianr. and being so he is |couured in on norhine except the |Ceusus.
 But in that document he cuts a |Mg figure because he probably forms 1.-the vast majority.
El Imparcial. (San Juan, P.R.) 1918-197?, 1921-06-15

s'a,is-.o - o. s-.lasuae q 80 a.
Fi.s i.ia gas. "a O. .in-s.iss,. 49, ieasA
uas - f.,nma. Fa.il,umsa..c ~ Hsr.
ssss.
Ni. s-t,,serls. ~rkn -aas para -
aasie... y. Ia iaain.iaaa. BE- aiaaiio =
assi.ia Es.iasa
Ia r.sfrsisn tr.a .A.iiSa = P'ueaT
-, nsrisisSa. ~ a sissli, siul'ia = li.asi
r. -.,si.nila e..irr - AFae , IN t'..liti.
-. l.agae Ia sss.~s1sn asl riaaisis
saa q, ,ino n rsi.iiasae sle una .ar9s
.a,lsa ->',iriiual. i,.,iaa ss,ya rcsuitassu
IA sisla n d..r,.ia laincssial,le .ie .'can-
To- fns hasta aver b. mas caro h. ~
exiSionc,a y. acaso lamhisn Ia Tazsn
acnlia .ic csia.
l'adrrrw~ky. aleiandasr dcaniliya.
nleni- ae In es~na para conSag:arsc
a las aciiyidaees inferi,.rcs de- Ia ro-
Utica. :cs an veacido o mn arrcpcn-
lid. : - rindid pr cansancio. por pc
reza fi>ica por nn exeeso de hasiio
oca aionadO por In moEotonia de los
triunfos ininterrnmpiios? DE to.las
maneIas su caso cOnsfiiuye nno de los
dramas 'ntimos mas dolorosos que ha
otiginado Ia guerra
n drama mas dOlor1so quiZ:is pero
no el iinico. En- .ese mism0 orden de
derrotas interiors; In historic contem-
.pOr:inea nos seiiala In de Gabriel u
AnnunZiO renunciando Il Ia crcaci0n
genial de conEictos pasiOnales cam
bio de los entorchados efimeros del
Gobierno finmano: Ell Rusia. Maxi-
mo GOrli deja sccar o! tintcr0 fecuD-
do de donde salierOn las silneias in
olridableS de los vagahundOS de In cs-
tcpa v p0ne 81 prcstigio Y su noMbrc
iajo al talon ensnngr"ntad0 del ideal
ioniniauo. Rabilpiranaih TaS0re, Ia
plpila apanas dc snpailada de has vi
stones miStic:,S Gue y blahan sI en-
suei,o fakiresco. nbaad0na 81 SilarciG
pncantado del jardin miienariO desde
pl cGal cOnmovicia 81 alma de occi-
ticate menAiga a las multitndes, con
gesios .~isihles de prcdicador, un
El Imparcial. (San Juan, P.R.) 1918-197?, 1921-06-15
4 "I0R1'h h lls'
alua

Assa eaNasA ss ssslaAa ss,asalssHa
- ~ amsmaal A. ~ ssunasiaa - aan'
ss~aa ss-au.na a. ~ f,w~nasse,se
.iasasas iarVas h.sas hsan aaaal
~ sssaltsa - - slssssass.a ~ b las.a.
asa~sa .sAta a.ssa.ssas = Atsne -
-, .i,.a,, -. aruis in aisa s-.imiie o. lns
sa.islas. sss~ l.an a. ssgasmif<A ssam
lsr- o. asa1ralns.'e e@,ns las - asr
~. o. lasasiltaaa
a. G's.~l.lsaar A. >. snAe y BE 80.
fnasfc A.. d s.Als,s~s.,A ssmai. - han
r.li,'ae tss,ssss,s.ts > .aaslanies ait.'
ins 80 - sssiissass's a. iaicssSa 4sss
an "a .~s., dla. alsias,. q. IA issEis.
laiu'a ga-an i4a u ansmsiia ~ ssg
sns al sisis.sr,..s@.. - tsi,g.a. assr u
lle.s a. ana TIA, b.. QUE a,ara iss
nna. an-ii-~s..s siea;sisa nna seasilae
ssaaiiasis.n ~. iilgr-.ss s rT b. aani"
aWlra;s D. las -Stsrsls-cs d. In
riaa.
PaIsss ga. a pcsar d. Ia crisis y
d. "a allis isli.a de- nn rc1gnSge sie in-
g.rSas para 81 l'.s1ra iasniar. M hs-
bra n.ncisa rl,ala lara hos esnlsloasi"s
mis nso.ir~i.ss = cE general ~ man-
iendsan isls'nii,,'s iiisss.
Las piazs~ sie rncsa crcaci.,n esiiin
a,'ocaslas a "a" pasar y en airunns de-
t,:-iamenioS sr rs.lundir:in dos largo
en- nno. dcjando fnera los que ~ ira
taIan DE- crcar en Instruction. comi-
SION de ser,icio Pliblieo y cortes dc
Jusficia.
Los bills de ingresOs So nasarin en-
srguida dc icTTninar con el Presu-
pucst0.
El Imparcial. (San Juan, P.R.) 1918-197?, 1921-06-15
Bajo elCielo de Helvecia
nrcEnNlONl nE AnEicTAc

diA = a.u-af - lar,a ssssa sise". s~sa
b. .aai caaa = - rs.asia.'siai.. -
u Annsass.iaa Aas~f tlura asa,ls s.
b t-a1sa saia saun paste g. % g~g~s
lsaga.sa ete gase "a siaA. AilG.ra i,A
ahhs gac u,ks lise 49, - lss-siiEsa
~ .as-ssssu o. s.msa ~. snf b. A.
s.'ssa - i..s sialss
faaasia siaade saa sFssialrs Ia raii'
lilsns.as a.. - s.-ai.'as, ssaila O. -
lHieas 49, ..H1s'iaaN saissi..sN a.
qs,e -, aiiiye acsaia Que sisHica sle
tasss ls,s asaisias 49, ~ iAas alii o. las
,,alnlssas. sanTiea iarioncS. 4 en ms-
dad que "a s-~e a.,slo dsl dcSsny-'io lse
esgris.sen sll.s has lsessrs.> arInas. =
.luzsar ;,er las rrsslliadOs. MieHiras q.
lp,lliissan 80 maniicne ghl a l"s ia-a-
less a Ia falia de- idsalcs - dc ~
cxislcsNia. los esniriius mss aliivOs Dc
.nesira iaAca. i,Or a;nhiei'a. por can-
Sanrio dc Ia Ssle,ad. pr asoiamicn'"
sfdNn. . lhfteAisthh" N'attlff wa atF"f
,ni:lslo .ir I'airia sir hcndad. aha:iilu-
nan Il SilcnciO de sns Torres de- mar
Ill para confundir sus critics y proies-
ias con los de In multi;nd que clama.
aqnf pOr un camhiO de gobicrnO. mas
ALA po. un naero regimen social,
.lnai0le France. con Ia inislna pluma
que cscribi6 III jardiR dc EpicMO fir
ma. sin que Sn mano arrugada item
ble IN momenio. Il ma iiieslo Gc
CRARTE; Romain holland Olvida las
aventmas de su Jean ChristOph0 y
desdle 10 alto de las montaiiaS siIiZas
sui yoz Sc altcra invitandonos Ia
creaci6n lie un mundO idflicO. que el
sabe absurlo @ rnposible: Gabriel d
AnnunZio So enronqncce on las GALES
de Plume y a semcjanZa del liltimo
clirpa tinta ,cs lin Cons,llado. firma
pasaportcs Y reIacta circulares. Pa
darewsky c.erra su piano para no
aDriIlo SinO en-. las laras ocas.Ones
que le drjen librc los ncgocios de!
Estado. las cntreNistas con los jefes
de partidO, las mil actiyidades ratoni-
les de su nueya vida polftica.
iPobres manOs artistas ennohlccidas
El Imparcial. (San Juan, P.R.) 1918-197?, 1921-06-15

en- cl dolor de Chopin. hoy condenadas
Il vibrar al cOntacto de Otras maIIoS
mediocres. NO hubiara sidO mcjor,
para vosotras. haheros quedado innio-
yilcs al vibrar In Ultima nota del I'LL
limo nocturuo interpretado por el
Maestr0?...
Luz DE LEON.
El Imparcial. (San Juan, P.R.) 1918-197?, 1921-06-15

Los ariisias sienicu ma pro'Hndo
desprecio pOr la POlfiica. "Oh l'eliiiea
--decia Alfonso Daudct - Yo ie odio
porque eres grisera. injnsta. recoro-
~, hablndGra porquc creS la eAemii-
"a del Arte Y del irabajo: porqGe sir
ves de ctiqueta 4 iodas las imbecili-
dadcs. todas las ambiciones. a 10
das las perczas. Ciesa y apasiOnada
hi separas a mOb;es cOrazOnes hechos
para estar juntOs: unes por cl contra
rio seTes cOmPletamente difercntes.
Til cres la gran disOlvente dc c0ncicn-
cias: tIi trasmites cl habit0 de la
mcnrira. del subterfugio. y. gracias a
Ii. vemos a hombres honrados haccr-
SO amigos de truhaneS con tai de per-
tenecer al mismo particle"
EI iguaies t6rminos SO expresaron.
en- t0des los ticmpos. los s06adureS ii"
Ia raZa. pero tambiIn totios. tardc o
tempran0 So inclinarOn ante esa .'ene-
miga del arte del trabajo". BauIe-
laire, an:es de publican suS Iroi'es del
nal. la cortej6 asiduamente. proba-
blemcnte a causa dc su .fraeaso Sc
El Imparcial. (San Juan, P.R.) 1918-197?, 1921-06-15
POR Luz De LEON

assHnsa l.asa ~ ssss lsalsesa a.
As.s~g.a .al,aa.s .,r ~. iilsssasis- in.
s,ins rhs-'"ass t'sf - tml@sse ls4sai'l.
fsnsss
fsga f.issxnna A. css1s saiatFa ffar.
A. lll-s ~ eNsHsata -far dises--ss.
arpirs A. II si,niiisaa sae te lHssua.
ua - ha snciaa asszsssaa. E,tilnan.
"a a esnssagsa. alsa ia s;l,aaa. n i'i~
i.sagar 81 eAissiass al 49, laf-ssssi-
sas a. - asfiyisiad s..l,if,taal Ia irni-
d. rasa siio. ma ulrga gacfs>iaai
ssssslslas'ss'ai.. pa'> s.i. hs iinsos--s.n
Il ramlss d- sns Bu.,as rsisSN.acia.
No. is isan visio la la,-.r inssl.,s .as.
,.ni I-'is~-.irra d,,i i'','ifssano. sim
Il camplimiessio Dc sagfados ds.aT.s
'-lgi.l"s I,or esia ~agrada lsalaisra DE-
ratria qns. ay,g snmo hoy. fui In
fuonie iian-r:ai a'~ inspire ioios l">
sGe,iiicius \ io,las l;ss incuIas. \
sin cnsbarg"....
The New York herald., 1921-06-25
UNTERMYER URGES LAWS
TO REMEDY HOUSING EVILS

portion OF such investments, dependent
upon the character of the institution.
Besides thus creating loan market ana
checking the speculation that Is now
permitted with the savings OF the
masses. such legislation would make for
safety and conservatism, and, as above
stated. would yield a far better return
than by permitting officers OF these
institutions to profit directly or in
directly through the speculative charac-
ter OF the enterprises in which they are
permitted to invest trust funds.
THE usury laws should be repealed
as to all loans on mortgage on real es-
tate OF $1,000 and upward. in the same
way as collateral loans are now ex-
empted from those laws. 1t is not to be
expected that money can be borrowed
on mortgage at 6 per cent. even on gilt
edge security, when investors can buy
tax ex,mpt securities OF States and mu-
inequalities that would yield them
almost that amount, and when they can
bury the highest class of railroad and
industrial bonds and notes, as they can
to-day. on an s per cent. basis or
better.
THE usury laws have in any event
become obsolete. useless with respect to
large transactions on mortgages on real
estate. The borrower is simply required
TO transfer his property 10 a corpora
ton which makes the mortgage. and is
thus prevented by law from pleading
usury; and that, the evidence hens
shows, is what has actually taken place.
Essential to Progress.
These are suggestions that occur to
me at the moment Some OF them may
be regarded at first sight as radical and
far reaching. l look upon them as tenn
porery, and upon the most fundamental
of them as essential to any permanent
are heading. They are submitted for
your earnest thought and for public
discussion. Such of them as you may
adopt would havie to be made the sub
ject of your final report to the Legisla-
ture in support of your recommends
ton, and there will accordingly be am
pie time for their discussion
Mr.. Untermyer was the guest of honor
at a dinner given at the st. Regis last
night by members OF the committee and
associate counsel. Senator Charles c.
Lockwood, chairman of the committee.
Izpresided and paid warm tribute to
Mr. untermyer for his work as volun-
teer, unpaid counsel to the committee
Mr. Untermyer responded that the re-
suits achieved. while not yet as great
as he hoped. had gone far toward re-
paying him for the efforts and time
expended.
The committee will resume it's inquiry
some time late in September or early
in october, the exact date to be fixed
by Senator Lockwood.