davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1922-06-21
WOULD ADJUST
WAR CLAIMS At
$4,000 APIECE
New Scheme to Help Smal
,Hoidsrs to Go Before
Congress. Z.
~ iateFA4tieasI Nsws NservioI.

~ lnterA4ttonei Nswe Servtoes - !
Ths Government u now working
ant ,af plan FOR the adjustment OF
German war claims which provides
Tor the payment of sio.oeo to each
claimant 3rsssrdisss Of the amount
or hls claim against the United
statek itswas ahneunced 6fficiaiiy
a the White House yestefday.
scohkrsss must enact lesislation
prcSidfnk for such psymsnts, 1t was
said. Y before the Government can
proceed win the adjustment.
Appointment Of h MIXED com.
mission to adjust the claims viii
be announced shortly. II was stated.
Wants Money working.
President Harding IL contempist.
ing plan undsr which the approx
rnately 500, ,000, 900 OF German mon.
ey held In the United States Treas.
ury, would be turned into short time
Government bonds, or else be placed
In deposit. The President feels that
this vast sum Of money now lying
idle In the Treasury should be made
productive Of some return. The plan
has not been deffhitsly worked out
and It understood experts will be
put work upon II immediately.
In thts connection II was stated at
the White. House that at the time the
President announces his appoint
.ment TO the mixed commissions
which viii consist OF two Americans
and oriS German--there will be given
out At the same time "the most pleas.
Ing piece OF news that has emanated
from the White House In fifty
years" ~ q. Ev.E 1ss.-.. r
The Administration, It was. said,
hoped that this Government would
never be called upon to confiseate
private property to satisfy restora
ton OF -clairns. In yieN OF the fact
that the claims adjustment issue Is q
most involved one. the mixod com.
mission,. II was said, will have to
spend a protracted period In
working -out q satisfactory basis
Of mutual return. .. ~
Relief for Holders. &. .,.
While these extended researches
are Being conducted the Admlnis.
tration fees that some relief should
be accorded the holders Of claims
which there are about 80, 900 now ID
the. hands OF the, Alien Property Gus.
todiafi, all OF which call for claims
amounting to $4,000 or less, The
majority of these are considerably
under the 10000.
The total number Of claimants, in
ciuding the $4,000 small holders. Il
about 5000. o,
The Administration plan as out.
lined today viii go to Congress short
ly,. Il was stated. ....
The Washington times., 1922-06-21
IMPORTATION or FROZEN
PORK rs NOW PERMITTED

The Department Of Agriculture has
entered Into an agreement with the
British government whereby frozen
pork cuts may nov be imported irito
England, II has been announced.
Heretofore frozen pork cuts could
not be sent to England because the
United States meat inspection did
not meet the technical requirements
OF the British law.
The agreement just reached eiimi.
mates this obstacle and fresh pork
cuts bearing the inspection stamp
Of the Department Of Agriculture
may now be imported into England
just as freely as whole carcasses and
cured meats. -f.#
The Washington times., 1922-06-21
GIRLSI LEMONS
rr
BLEACH SKIN WHITE

Sdueexe the juice OF two lemons
Into q bottle e6ntaining three euncss
OF Orchard White, which any draa
store will supply for . few cents,
shaks well, and you hAyea qnertsr
pint Of hafmless and delightful
lemon bleach. Massass this sweet,
y fragrant lotion into the facs,
neck. arms. and hands each day.
then shortly, note the beauty and
Whlteness Of your skin. 49,.
Famous stage beauties use this
lemon lotion to bleach and bring
that soft. clear. rosy.whits complsx-
ion. also 40 q freckle, sunburn, and
tan bleach because II doesn't irri.
tate. ''-'rz' .-y
The Washington times., 1922-06-21

morrow on s. 8. Pttsbursh. of thf
White Star Lane. 4
They intsnd 10 spsnd several wssks
touring In Ireland. thsn cfoss %
England and the continent. : Mr.:
Mulcahy expects 20 visit Rome ana
the yaficafI before retusnink.. In
about two months. + = s
The Washington times., 1922-06-21

dissoIvips the National Catholic Wei.
fare Council as the result a pro
tests from the American EpiscopAts.
It was announced today. - n,
officers OF thA NatonAi catheiie
wslfare Council At 1914 MAsa.
achusetts avenue today declined %
discuss dispatchss from Rome that
the orsanizAtion's dissolution ID be-
ing ordered untii authoritative word
has been received from the Holy
See. ~.
Commsntins upon current reportt
that the .couhcii was. in 4disfay.,r
with the Pope. the most Rev. I'd.
ward +. Hanna, Archbishop Of San
Francisco and chairman Of the
administrative committee. declared
they were certain to create disturb.
ing and harmful rnjsappreh ehsnsioIs
by reason Of thsir Inaccuracies and
unjustiiied specuiations." He Savs
the following hiAtory Of the affair
between the council and the vati:
can: 4t.Ctg. ss
sistoriai congregation under date of
February 20, affecting the organiEa.
ton and administration OF the
National Catholic Welfare Council,
The administrative COMMITTEES Of the
council. At q meeting held In cieve'
land early In April. cabied the noiy
father asxing that the order be moi
officially soublished and that oppor.
turity be granted for q full expiana,
ton Of the work OF the council ard
necessary time 70 fulfill its obiiga.
tions. The administrative cornnittes
sought and obtained the support oi
It's fellow-msnibers Of the heirarehy
to the pstitton. As result, Arch
bishop Mosller. Of Cincinnati, and
Bishop Schrsmbs, Of Cleveland, LEI,
later for Rome, where they now 'ars
and whore the question OF adminis
tration and work Of the Council viii
be settled with that justice and fair
ness that ever characterize the action
Of the Holy See.
Meanwhile the work OF the coun
ci' and its departments u continusng
II Is evident to every FAIR minded
man that while deciston 10 pending
discussion IN not In order. The spscu.
lations made In the press a. ID
reasons which led to the issuance OF
| the decree are not based upon correct
Information. Most Of them we be
lieve to be highly upjustified and
therefore most deplora6le, since they
are calculated 70 arouse conclnsions
which have little or no warrant In
tact.
The Washington times., 1922-06-21
FIGHTS THRAsHER SHARK
FoR 2 HOURS FROM DoRY

CAPE NAY, June s1.--Pettr
Johanson,, fishing off Northeast
lishtship yesterday, had battle
with q thrashtr shark that measured
seven Feet nine inches from hose q
tail. The tai OF a thrasher II As
iehs 20 the body. JohAnson fought
two hours bsfcrs he landed the shark
alonsside OF his dory. j,
| Thfashtr sharks are natives Of
the ouif 6f Mexico and are rarely
seen IN Northern waters. The shark
soes IN Among o shcal OF fiah and
Win he long tasoriike tail thrashes
around killing fish which he eets
at leisufA .....,,-. ,-.----.---.-.A.. - =
The Washington times., 1922-06-21
sRookhiART OPENS FIohT
FOR IOWA SENATE SEAT

CEDAR RAPIDS. iowa, June 2i.--
Col. smith W. fsrookhsrt. Repus.
loan nominee for the United States
Senate, opened his campaign today
with an address before the local
Rotary Club. The Esch- h-cumnins
railroad law. the FEDERAL Reserve
bank law and the soldier bonus bill,
now before Congress. drew the tire
OF the candidate. who expressed him.
ssll visoreusly On al Of them.
Nh. ms aid ssia tnat nis nsnt sss Wa a.s on the
mins law is q Democratic law, siehed
by q Democratic President, and that
he would make It's repeal the ohief
issue Of his campaign.
The Washington times., 1922-06-21
Eyes Sore?

,,eh, YSar Sarn ssei y ,., or ds ;;s sore 4 ths,
obliged to wear sissses a%; - Il ys;r u yeS S,r sre
Eist md get q bottle Of Bon-optc tablets.
1lssoivc one IN q fourth Of 4 gIasS 81
wsfer and battle the eyes from two 70
s sour un,es 4 day. Sound, Comfortable
the world look brighter.
as::: =, sss:: as: !: .sy
The Washington times., 1922-06-21
Or. AND MRS. MDEcAHy
SAILING FOR EUROPE

Mr.. Daniel y. Malcahy. of 17,s
North Capitol street.. accompanied
py Mrs Mulcahy. his son. pani.l
ssi s'1sey ~ hrscs % si nom x,
The Washington times., 1922-06-21
The Young Mother.

THE ILLS OF INFANTS AND CHILDREN
youngest OF mothers that reminder the illness
seems unnecessary there mothers who
little collie disposition be irritable
serious sickness And them bring Baby happy sel
by the use Of Cssoas medicine prepared for infants and children
the bowels not them aid digestion
Fethers Cas.oa has doing years. regulating
stomach and bowels Of infants and children has replaced nueg
Oil soaed Soothing Syp poisonous Pgc
the homes OF and honest
Those mothers will especially prepared
or infants andc children
The Washington times., 1922-06-21

THE little
- frock Of or
candle all by It !
self n . e be
neither 50 ruff
fl e d n or . 0
houffant as we
have come to
expect it. II,
may, moreover,
trim itself with
plated castings
Of the organdie,
and even so to
the length of
running t h e m
through, about
the waist : line
> with matching
or contrasting
colored ribbon.
In the sketch at
the right , pale
blue organdie is
L 8 ed W ith
m a u re- gros-
grain ribbon.
The Washington times., 1922-06-21
CATHO[|CGR0UP
FOR WELFARE IS
H|T.DY VATICAN
offlosr, Of National Council
Decline Comment Until
Notification. -

ROME, June ii.--The Vatican u
dissolvins the National Catholic Wei.
fare Council as the result a pro
tests from the American Episcopate.
It was announcsd today. ~ II,
The Washington times., 1922-06-21
Latest Word From Paris
BY Marie Suzanne
Bt5 S. Sg,sl toSpyrisht isss) Gsf bt ~
tcopyrisht. ieas.)
PARIS, France.

WHEN dark blue serge and white organdie come to-
sethsr ipgeniously sprinkle the organde lightly with
embroidery of red and green cherries. s@t
The Washington times., 1922-06-21

Thsrs . 90 mach satisf f6cetes
h knovisa jstst sehers % byy "
,s,tssasi, ne most READ So1db ble, ~
the nscsssdfv article. Let Wr.
gfnia kthdoN SSlfsVe you Of uU
yoIr shoppiss difficulties.
The Washington times., 1922-06-21

T,HE fruit dedicated to Bacchus
-grapes--afe q fAyorits trim
ming for hats OF the warmer
days. Fashioned Of silk, velvet
or orsandie and OF silver Tissue
cloth they adorn many OF the
loveliest modele.
The New York herald., 1922-08-07
COMMODITY PRICES
MOVED LITTLE IN JULY
'Brodstreet's' ShosDs Slight
Decline for Month.

BrcdstYeet's approximate index num-
Der OF commodity prices on August !,
1892. was s12.osss. which marked de-
cline Of three-tenths Of per cent
from July /. OF 42.l per cent. from
February 1. 1920. and, Of 3s.1 per cent.
from November 1. 1918. but a rise Of FL
per cent over August ! a year ago. OF -
per cent from the low water mark OF
recent years on June I. 1891. and OF Ss.5
per cent from August !. 1914. just eight
years ago.
At the height OF the rise from August
I. 1914. to February l. 1920. Br0d-
streets index of prices rose 1895 per
cent. That Is. the rise in the sum total
OF the prices per pound Nof ninety-six
articles In this period was $12.l6.
Merely as a matter OF coincidence, It
might be mentioned that the sum total
OF the prices per pound OF ninety-six
articles on August l this year was
s1a.o6. U within 10 cents OF the total
rise shown In the years from 1914 to
1922.
Contributing to the decline In tho
month OF July were seven groups, pro-
visions. which furnished the greater
part OF the sum OF tho reaction. bread
stuffs. fruits. naval stores. building
materials. chemicals and drugs and mis-
cellaneous products. On the rising side
were textiles. hides and leather. metals,
vegetable oils live stock and coal and
coke.
The New York herald., 1922-08-07
NEW GIMBEL STOCK
PUT ON SALE TO-DAY
Department Store Business Is
to Be Taken Over by New
Company.

Formal Offering for public subscrip-
tion Of $4,000. 900 OF Z per cent cumu-
lative preferred stock and $4,000 shares
OF common stock of new company
which soon will be Incorporated and suc-
ceed the department store business of
Gimbel Bros. in New York. Philadel-
phia and Milwaukee will be made to-
day by the banking houses OF Goldman,
Sachs & Co. and Lehman Bros.
The new corporation will have author
lied capital stock as follows: s15,-
100000 OF 500 par value preferred
stock, of which $12. ZOO. 900 is being OF,
fered at this time at s102 share am
accrued dividend, and of 100000 shares
of no par value OF common. OF which
$4,000 shares are being offered at S44
share. The purchaser OF ten shares
OF the new preferred Is entitled under
the terms Of the Offering to purchase
four shares OF the new common stock.
Application will be made to list the
stock on both the New York and Chi
cago Stock exchanges. Certificates for
both common and preferred were listed
In Chicago yesterday.
The Gimbel family interests who have
been dominant In the affairs OF the or
ganization since It's founding will con-
tinue In control and will direct the ac-
tive management of the new corpora
ton.
Concerning the management OF the
organization Isaac Gimbcl, president.
says.
"The Gimbel business has been man
aged three generations by one family
All OF our stores are owner managed
and will continue 60 be So Every i'm
portant executive has grown up in the
! business. The younger members Of the
family are trained In successive posi-
tiona I'm the business 80 that all who
are responsible for the MANAGEMENT
have intimate knowledge OF its opera
tion. The board Of directors OF the new
company will be composed entirely Of
members OF our family, In addition to
two members of the banking firms Of
Goldman. Sachs a Co. and Lehman
Bros"
The Glmbel business is one OF tho old
est ~ It's kind in the country. 1t was
founded eighty years ago by Adam
Gimbcl. IL began as a small dry goods
store In Vinoennes. Ind, In 1S2. In
iss7 thero was opened In Milwaukee,
Wis.. the first large store. The Phila-
delphla store was opened In 1894 and In
1910 oimbei Brothers opened the New
York store. Tho local store has recent
w made arrangements TO lease adjacent
property, now occupied by Saks 81 Co..
which will give Gimbei Brothers a
Broadway frontage OF two blocks.
Provision is made under the charter
of tho new corporation that on or be-
fore August !. 1877. and annually there
after the corporation shall. out OF It's
surplus and profits remaining after full
dividends on the preferred stock, ac-
quire by redemption or purchase at not
20 exceed tiiS share plus accrued divi-
dends. an amount OF tho preferred
The New York herald., 1922-08-07

best security. The banks hore that the
higher Interest rate will keep German
capital at home. But this Is not likely
to check the buying of foreign currencies
and securities. the Germans preferrins
even panicky foreign securities TO their
own money.
In the food market sugar Is present
ing the most serious problem. Despite
the rigorous control. the supply Is not
equal to the demand and holders OF
stocks refuse to sell even at sharply
advanced prices. The Government Is
planning to intervene and already has
asked all sugar factories to combine
during August to increase the output
The owners are refusing to do this and
the Government is threatening to en-
force compulsory delivery in order to
supply the home needs. The feature of
the exchange market at the close of the
week was the fact that the mark was
far stronger in New York than in Ber-
lin. Wild rumors OF further French
occupation of the Ruhr caused a further
weakening at the close.
The New York herald., 1922-08-07
$6, ,0OO, 900 GLASS PLANT
TO BE BUILT IN TOLEDO
Libbey Owens Co. Breaks
Ground This Week.

TOLEDO, Ohio. Aug. s.-The Toledo
Libbey-Owens Sheet Glass Company.
subsidiary of the Libbey-owens Sheet
Glass Company, viii break ground this
week for ss,ooO.Ooo modern glass fac
tory here. The company has financed
the plant through the sale OF s3.ooc.ooo
OF preferred stock. Names prominent
in the financial world will be connected
with the new company, whose author
ized capital stock is 5000. 900 par value
per cent. cumulative first preferred
and s1.ooo.ooo per cent second pre-
ferred. In addition 10000 shares OF
common stock will be issued OF no par
value.
An underwriters syndicate has taken
s2,oo0.0o0 first preferred and 40 per
cent. OF the common stock.
The New York herald., 1922-08-07
COAL PROGRAM LACKING.
Government Plan Not Yet Func-
ttoning mt Mines.

"Owing to the fact that the Govern
ment's plan to control prices and che
distribution of coal during the present
crisis through the allotment of cars has
not at yet begun 60 function properly
much confusion reigns in the coal trade
throughout the country" says the Black
DiGntond. "The movement inaugurated
by Secretary Hoover being as yet In It's
infancy. nobody in the various districts
seems to be able TO plan a definite pro-
gram.
Although there is a strong desire on
the part of most State officials and
others to lend every aid possible In car
rying out the plan evolved by Mr.
Hoover. not much seems TO have been
accomplished. However tho movement
seems to have got well under way and
II Is expected that the wheels OF the
organization now being formed will run
more smoothly within a week or so."
The New York herald., 1922-08-07
Raw Wool Trade Improves.

Tho raw wool market is slowly awak-
ening from the dull state into which IL
lapsed several weeks ago. according to
prominent raw wool merchants Prices
have retained their firmness. although
trading Is still OF small dimensions. The
trade believes, that manufacturers will
soon begin to operate more freely In the
market Tho quick and spontaneous re-
sponsc to the opening OF spring fabrics
by the American Woolen Company.
which has resulted In the withdrawal OF
several OF the lines, has been a source
of great announcement to traders. Re-
Election Of this large business In expected
to be seen in an Increased demand for
raw material In the near future. The
tariff question continues paramount In
all discussions In the trade. Carpet
manufacturers are buying wool In a
steady manner.
The New York herald., 1922-08-07
GERMAN IRON GOES
UP AS MARK FALLS
Prices Generally Fail to Keep
Pace With Depreciation
Of Currency.

Srscsci Cable TO THE NEw YoRk HERALD.
corvrgAf. fsss. by Til. NEW YoRk HERALD
New York Herald Bureau.
Berlin. Aug. 6.
Exceptional increases In the price OF
iron constituted the outstanding feature
N the general rearrangement OF busi-
ness following the fall In the mark last
week. While prices in general failed to
keep pace with the marks fall, as In
previous slumps. iron and steel firms
which had prlded themselves on their
ability 20 keep prices down TO a point
where they were able TO compete In the
world markets have been obliged to
make Increases out OF proportion to the
rise I'm the dollar.
To-day the prices are four times as
great as those in February. which makes
them practically prohIbItive In the home
market. Although the weakening mark
has brought a spurt In export buying.
the iron Industry, as well as a number
Of others. IA feeling foreign competition
more and moro as prices near the world
level
Ths Lorrain. Luxembourg and BEL
gian fogndries are bidding strongly for
Continental trade. while the United
States and England are strong con-
tenders In the European market for
steel tubes. Another important trend In
this direction Is shown In the chemical
Industry. which for the first time In
history has been forced to admit that
Il Is meeting with keen competition
from American and Swiss manufacturers
OF chemicals and dyes.
The outlook Is not bright In any line
The textile industry Is actively booked
40 until February. but firms are refus-
ing orders for later deliveries because
OF lack OF credit. Machine factories.
typical OF the whole manufacturing in
dustry. are handicapped by inability 10
buy raw material because OF the low
value OF German money. Credit is highly
difficult TO obtain. and z per cent
being asked for daily loans between
banks and from 10 10 L. per cent on
loans to private parties even on the
The New York herald., 1922-08-07
Cotton Yarns Less Active.

Activity in cotton yarns continues on
a small scale, according to leading
manufacturer. The precipitate decline In
raw cotton prices has crushed the spurt
In yarns which was caused by the sharp
rise in the primary market following the
publication OF the Government crop re-
port. Instead OF stimulating the demand
for yarns. the downward course OF cot
ton prices seems to have frightened yarn
consuming industries from the market.
Buyers arc refraining from committing
themselves, pending more stable mar
ket condition. A small but steady do
mand for yarns for Insulating purposes
from electrical interests continues. how
ever. Knitters arc not doing much In
the way OF buying. although the condi-
tion Of their stocks Is said TO favor
replenishment. Buyers. as general
rule. are reluctant to pay present prices
as they believe that the values will be
lower.
The New York herald., 1922-08-07
No. 1928.
TREASURY DEPARTMENT


COMPTROLLER OF THE CURRENCY
Washington. d. c.. June S. 1922.
WHEREAS. by satisfactory evidencs pre-.
sented to the undersigned. It has been made
THE CAPITOL NATIONAL BANK OF
NEW YORK
In the CITY OF NEW YORK
has complied with all the provisions OF the
Statutes OF tho United States. required 10
be complied with before an association shall
be authorized to commence the business OF
Banking;
Now therefore, /, d. r. CRISSINGER.
Comptroller Of the Currency. do hereby
certify that ,- - -
NEW YORK
In the CITY OF NEW YORK
In the County of NEW YORK and State
of NEW YORK
Is authorised TO commences the business OF
Banking as provided In Section Fifty ons
hundred and sixty nino OF the Revised Stat
utes OF the United States.
In testimony whereof, witness my land
and Seal Of office this FIFTH day Of JUNE.
1922.
(signedD d. r. CRISSrN0ER.
Comptroller OF the Currency.
The New York herald., 1922-08-07
Eur sales Gnnd.

Business in the first week Of the regu-
lar August fur sales Ia described by local
retailers as entirely satisfactory. In
most Instances sales are running ahead
OF last year and give promise OF con-
tinuing at an incrcasfng pace az the
month progresses II Is generally be-
lieved In the trade that the turnover
for the period will be q rather large one
Prices of the garments are said TO be
attractive Retailers have kept their
margin OF profit small so as TO stimulate
buying. Although anticipating q brisk
business during this session. the mar.
The New York herald., 1922-08-07

the largest amount In par value OF pre-
ferred stock which shall have been out
standing at any one time. 1t Is also
provided that tho whole or any part Of
the preferred stock may be redeemed on
any dividend date at the option OF the
board Of directors upon sixty days
notice at 3115 a share and all unpaid
dividends
Gimbel companies for the three years
ending January 81. 1922, and the net
profits are as follows:
Net profits
before income
and profits
taxes but after
giving effect
to taxes At
Year ended Jan. 81. -.
1920 ............ .S5s ,346.214 $5.2s6.42o
Year ended. Jan. 81. CO 40,
Year ended Jan. 81. 90
Mr.. Gimbel, In a letter to the bank
crs. states that the average net profits
for the three years ending January 81
last. before deducting income and profits
taxes paid. but after giving effect to
taxes at 1922 rates. we're $3.S7s,9O5 or
more than three and one-half times the
annual dividend requirements on the
total issue OF s15.0o0.o00 OF preferred
stock. The sales for the Ave months
ended June 80 last amounted to $2S.56S,-
374, compared with $27.013.349 for the
corresponding period of the previous
year. II Is expected that sales for this
year will be upward OF s7o,oo0.ooo.
The New York herald., 1922-08-07
BUSINESS NOTES
AND TRADE NEWS
Wool Fabrics to Be Auctioned
TO-morrow-Price Of Raw
Product Firmer.

Burling. Dole q Co. announce that
they will auction tomorrow $50 pieces
OF woolen worsteds. overcoatings. ladies'
suitings. &C.. for the account of several
manufacturers and agents. They also
will put under the hammer 165 pieces of
Arlington Mill fabrics by order OF the
William Whitman Company. Inc. These
fabrics consist Of serges, coverts, gabar-
dimes, suitlngs. &c.
The New York herald., 1922-08-07
BENEFIT FOR CRIPPLED.

HUDSON, N. T.. Aug. 6.--Followins
the example OF the Masonic organiza-
tons throughout the country In doing
charitable work. the Lafayette Com
mandery of Hudson. N. Y, have ar
ranged an entertainment and dance. to
take place at the State Armory at
Hudson. on Thursday evening for the
benefit OF Lulu Thorlcy Lyons Home tor
crippled and delicate children at
Claverack N r.