davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-07-11
To Confer ON French Debt,

Jean v. Parmentier. Directeur du
Movement General des sFonds for
France. is due. to arrive in this coun-
try to-day on the French liner La
Savoie. M. Parmentier will be the head
while here of the mission which is to
confer with the allied debt commits
sion at Washington regarding the fund
ing of Frances debt to the United
States Treasury. He is expected to go
direct to Washington upon his arrival
to-day, but 1t is understood that after
negotiations in Washington have been
concluded he will spend some time in
the financial district of New York be-
fore returning to Paris. During such
time as he may be in New York. M.
Par1nentier will make his headquarters
at the office of G. Boyer. financial at
tache of the French Embassy. at 35
Nassau street
The New York herald., 1922-07-11

MONDAY, JULY 10, 1872

182Z.
Year to date ....... 14l96S.4
The New York herald., 1922-07-11
Time Money,Rate stiGens.

Some difficulty was experienced yes
terday in the financial district In ex-
planning the sudden and unexpected stiff.
fleming Of the time money rate for loans
of ninety days and longer to AZ per
cent. The rate for a long time has been
quoted without change at 4@4h per
cent. on, all collateral and the sudden
advance was entirely without explana-
tion. AT the same time the call money
rate eased off slightly. After opening
at AZ per cent the call rate declined
just before the close 60 per cent. There
was only moderate demand for money
OF both classes.
The New York herald., 1922-07-11
TRANSPORTATION shares steady.

After fractional recessions in the early
trading, railroad stocks steadied follow
ing the display of stronger tope in the
Industrial group. New York Central and
Pennsylvania acted particularly we'll.
Despite the coal strike, which has hit the
Pennsylvania hard I'm the highly union
lied fields near Pittsburgh. the roads
gross earnings have held up well. Its
gross operating receipts In May aggre-
gated $55,215.000, against $53,823. 900 a
year ago. while net operating income
after rents was $8,305,000, COM
pared with $3,320,000 in May. 1891.
In contrast to $4,425,000 earned in the
first five. months of 1921. the Pennsyl-
vania's net In the first five months OF
the current year reached a total Of
$38,535,000, which covers that periods s
fixed charges with q margin of $40 o.
share for the stock, without the inclusion
Of incorporating income. This calcula-
tion. based on the seasonal variation
of traffic. indicates that earnings to date
are at the annual rate of more than
SIS share on the company's stock. The
Improvement in net has been due to
lower transportation costs rather than-to
curtailment of maintenance expendi-
lures. i.
The New York herald., 1922-07-11
Cuban Loan Not Near.

Banking interests denied Yesterday
dispatches to the effect that negotia-
tions for a huge Cuban loan are near
ing completion. AS a matter Of fact, 1t
was declared. no negotiations are un-
der way. The bankers who will handle
q Cuban loan when and If 1t does come
are awaiting the signal from Washing
ton before attempting to begin negotia-
tions. 1t is their desire. it was learned
yesterday, to have Cen Crowder. now
watching things in the island republic.
give his 0. x. to the general situation
before any steps are taken Business
in Cuba. bankers declare. Is decidedly
better. but the governmental situation
Is not entirely clear as yet chiefly be-
cause of back wages due Government
employees. Bankers are ready to float
a.. loan of $5O.000.000 to the republic at
any time they receive the word from
Washington to go ahead. and they have
no doubt that such loan will be a
big success.
The New York herald., 1922-07-11
Manhattan railway.

More than so per cent. of the stock OF
Manhattan Railway Company has been
deposited or pledged for deposit under
Judge Mayors plan Of readjustment OF
the company's relations with the Inter-
borough Rapid Transit Company accord
ing to Alvin w. Krech. chairman Of the
Manhattan Railway Company stocl<hoid-
ers protective committee. In giving notice
that the committee has extended the time
in which further deposits may be made
up TO and including July 25, 1922. Mr..
krech states that unanimity OF action Is
necessary to effect the plan and that
failing this receivership will be newt
able. ~N
The New York herald., 1922-07-11
CANADA.

New York funds In Montreal, sii.ss p-s-
MUM 81, 900: Montreal funds In New Yoyss
stt.Jo discount elQoss
The New York herald., 1922-07-11
SHIPPERS FILE COMPLAINT.

WASHINGTON. July 10. Compliant
was filed to-day with the Department
OF Justice on behalf OF producers and
shippers OF the Pacific coast against the
alleged activities OF the Southern pacinc
Railway in endeavoring to create scnti-
ment and action against the decfslon
OF the Supreme Court ordering dissoln-
ton Of the partnership Of that road
Yi2A the CRAtral Pacinc.'
The New York herald., 1922-07-11
LAWYERS MORTGAGE REPORTS.
First Half Of Years Statement Ii
Best I'm Company's History.

The semi-annual statement Of the Law
yers' Mortgage Company covering the
six months ended June 80. Is the best
showing for a first half year period
ever reported by the corporation. Sales
Of guaranteed mortgages comprised
$32,635.754 face value. Gross earnings
amounted to s1,013.441 and net profits
were $552,644.
The company's assets as Of June 80
Vstaicd s11, ,377.504. Of which sS,s74.000
consisted Of New York city mortgages
ynd tl.s6S7so was cash.. Rishagal- ~.
The New York herald., 1922-07-11
FINANCING FOR TEXAS COTTON,
Loan Of Se.O0O.OOO Authorized b,
War Finance Corporation.

Wash rNoroN. July 1o.-Approval OF
advances not to exceed ss,ooO.o0o to the
Texas Farm Bureau Cotton Association
for the purpose of financing the orderly
marketing Of cotton was announced to-
day by the War Finance Corporation.
u is expected. the corporation said.
that only a portion Of the amount APP
proved will be advanced by the COR
poratIon, and that the banks In the in
terested districts will do a considers BILE
part OF the financing for the association.
The New York herald., 1922-07-11
Lake Er,. and western sirens.

Selling at 32la. and later receding to
31% at the close. Lake Erie and West
ern was conspicuously strong spot in
the railroad list, On total turnover
of 800 shares the stock made net gain
of 2ih points over Saturdays closing
price The advance was attended by
unconfirmed rumors that the Van Swcr-
ingen interests of Cleveland, who re-
Gently bought the majority stock control
of Lake Erie and Western. might offer
the minority holders Nickel Plate stock
in exchange for their Lake Erie and
Western stock This rumor probably
had its inception In q Washington dis
patch stating that the New York
Chicago and st. Louis had applied to
the Interstate Commerce Commission for
authority to consolidate the Lake Erie
and Western with itself to the extent
that both lines would operate as a single
system irrespective Of separate owner
ship and accounting returns on various
parts thereof. Although the limitations
carried in the application were rather
puzzling to railroad men, who read the
dispatch, the prevailing opinion was that
the Cleveland interests contemplated the
complete merger Of the two carriers
The New York herald., 1922-07-11
TOPICS OF WALL STREET.
steel Reaects Prosress In U. 5.

One important factor bearing out re-
cent indications of a big expansion in
basic Industries came to light yesterday
in the report of untitled tonnage of the
United States Steel Corporation The
corporations monthly tonnage resort,
sowing big increase in untitled orders,
was no surprise. for 4 had been forecast
within a few thousand tons during the
last week 1t was incontrovertibie evil
dence. however. that the reported expan-
sion about which various agencies have
been talking for weeks Is solid and real
and not fanciful dream based more on
desire than on fact.
The New York herald., 1922-07-11
EXPORTS FROM NEW YORK.

Exports from New York yesterday Wheat
214 .0s5 bu.; oats, 3i5,44D bu.: flour. II GsI
sacks; oil cake. ,537 800 lbs: beef, 80 bbis.
lard. 3,5O3. 800 lbs. corn, 1922 .5s3 bu.; peas
600 bu. oatmeal. 500 sacks; pork. 450 bbls.
bacon. 2,f42,0O lbs; grease. 10000 lbs.
iubricating oil. 2S4,316 gals.
The New York herald., 1922-07-11

Hurd. president, in making the report
pupiic Yesterday. said that the company
mas slSs.67s.62S guaranteed mortgages
outstanding. The company's capital and
surplus amounts to $4,000, 900.
Evening star., 1922-07-29
SENATORS PRAISE REED.
Republicans Join Democrats
Tribute to Their Colleague.

Senator Mccormick of Illinois, re-
publican, voiced his appreciation of
the services of Senator Reed of Mis-
souri, in the Senate yesterday. Sem
ator Mccormick regretted that he
had been absent last week when Sen
ators Robinson, Arkansas; Stanley,
Kentucky, democrats, and Smoot, re-
publican, Utah, praised Senator
Reeds services, and he wanted to add
his tribute. He asserted that he
would probably have to oppose Sena-
tor Reed on domestic issues, and
! added:
Il would count myself a poor Amer
lean and ung~nerous if 1 did not find
/ an opportunity to praise his courage,
self-sacrifice and devotion. Senator
Reed served his country in it's hour
of danger. He showed himself an
indomitable American when the re-
public was imperiled."
When Senator Mccormick conclud-
ed, Senator Caraway, democrat, Ar
kansas, said he presumed Senator Nc
Cormick referred to Senator Reeds
vicious fight against the four-power
treaty" and continued:
Il think the country agreed with
him (Senator Reed), although the
senator from Illinois voted the other
way"
Senator Stanley, democrat, Ken
lucky, concluded the discussion by
saying that in any event the Sound
democracy" of Senator Reed should
be CONNIE nded.
Evening star., 1922-07-29
TRINITY HOUSE CROWD
TOLD OF BALL GAME
Shriners' Caravan Bears News tc
Children of Benefit on
August "a.

Members of the Shriners Caravan
directed their caravan to the Trinity
Community House. at Sd and streets
northwest, last night where mes
sage was delivered to the children
for whom the benefit ball game will
be given az American League Park
on August "a.
Ellwood z. Morey, chairman of the
base ball committee, gave the chill
den heart-to-heart talk. in which
he explained the plans of the COM
mittee in arranging the game, and
urged the cooperation Of those pres
ent in order to make the day a sue
cess in every way.
The children's party given at the
Community House last night was the
300th of the regular weekly enter
tainments, and the members of the
while watching a series of original
performances by the youngsters, and
in addition the screen production of
Jackie Coogan. in Trouble"
There were pillow fights where those
participaf ting were blindfolded and had
to locate each other by the sound OF
rattler which each carried in his
hand Jaqueline Mckay and her sister
Madeline lay fiat on the stage floor
and touched the back of their heads
with their toes in a manner that would
have done credit to an experienced
was followed by Joseph Reintzel. who
did a hand walking stunt that made
his spectators sit up and take notice
In addition, little Sylvan Lapin sang
"Howdy Do: Jean Travers recited ooh.
I'm So Grown Up" and little Buster
Mckay came out to sing, and although
taken with stage fright, he came
through beautifully when his sister
Jaquelin stood by him and held his
hand. The money raised at the ball
game will be devoted to carrying on
the work and entertainments for the
children at the community house
Evening star., 1922-07-29
d. c. FISCAL AUDIT
! WILL START SOON
Committee Authorizes Phipps
to Engage Accounting
Firm for Job.
SPEEDY RESULTS SEEN
Cooperative Spirit of Federal and
District Representatives at
Meeting Praised.
SPEEDY RESULTS SEEN

The actual audit of the fiscal re-
lations between the District and fed
eraI governments will be started soon.
1t was decided after an all-day con-
ference of the joint congressional COM
mittees to investigate the fiscal af-
fairs of the National Capital yester-
day. that the audit should start with
the period from July /, 1911 to date.
Senator Phipps was authorized to en-
gage an auditing firm of the highest
repute to make the audit. The inves-
tigation will, of course. Senator
Phipps said, go back to 1874. but he
expressed the opinion that the COM
mittee may make use of the audit
made and presented to Congress in
1915 by T. Scott Mayee and j. r.
Mayee
Members of the committee said to-
day that they are much pleased with
the good feeling and cooperative
representatives of the District and
federal governments. There has been
absolutely no friction and members
of the committee say they expect that
the work of auditing the accounts will
progress rapidly and that an early and
The joint congressional committee,
was in session for several hours both
morning and afternoon yesterday.
Those present were Senator Lawrence
c. Phipps of Colorado, chairman; Sem
ator William ]. Harris of Georgia,
Representatives Robert E. Evans, Ne
braska. and Guy U. Hardy. Colorado.
The other members of the committee.
Senator Ball of Delaware, chairman
of the Senate District committee, and
II
were unable to attend on account of
illness. Representative Evans return
ed to the capital from Nebraska for
the purpose of attending the commit
tee meeting. The committee will not
meet again until Senator Phipps de-
cides that a conference is desirable.
ConferTing with the congressional
committee during the session yester-
day afternoon were H. J. Galloway
Of the Department of Justice, Daniel
]. Donovan, District auditor: Mr.. Tag
CERT of the Treasury. and T A. Hodg-
son, formerly a Treasury clerk. who
for more than forty years was in
charge of the District of Columbia
accounts
Evening star., 1922-07-29
JAM MAY TIE Up
COAL IN ENGLAND
Loading Facilities Limited
by TWo-Shift Arrange
ments at Ports.
MEANS MANY IDLE HOURS
May Hit Collieries Unless Workers
.Concede Triple Shift to
Employers.
BY the Associated Press.

BY the Associated Press.
LONDON. July 29.-Congestion in
British ports is beginning to threaten
interference with the export of coal
to America, which has taken such a
boom since the beginning of the
strike of the American coal miners.
This is particularly true of Wales
and Northumberland.
The loading facilities are limited
by the two-shift arrangement which
the dock workers imposed upon
their employers during the war.
Loading is entirely suspended for
six or seven hours out of every twenty
four.
May Raise Claim.
The employers have the right un-
der certain circumstances, to claim
restoration of the three-snift system,
and it is considered possible that
they may raise this claim now.
Unless this is conceded by the
workers it seems that some of the
collieries, both north and south, may
be kept idle periodically, owing to
the lack of facilities for shifting
coal already mined.
Freight Rates CurtniIed.
One result of this congestion has
been curtailment in freight rates,
Wnlcn IN some cases dropped from
sixteen and seventeen Shillings to
twelve shillings six pence per ton
between Thursday and Friday. An
other result is the apparent tendency
on the part of American buyers to
withhold further orders temporarily
pending developments in America.
Nowhere is there reported any
general support among British miners
of the action taken by the Welsh
Unit of the miners federation, which
declared against the expectation of
coal to the United States.
Evening star., 1922-07-29
RATTLE Of COAL
PROCLA|MS MINING
Pittsburgh Producers Garry
on Campaign to Resume
Without Union Pact.
By the Associated Press

By the Associated Press.
PITTSBURGH. July 29.-The rattle
of hoisted coal was heard at mines in
Washington county yesterday. This was
the second day of the organized cam
paign of the Pittsburgh Coal Producers
Association to resume operations with
out an agreement with the United Mine
Workers of America.
Pennsylvania cavalrymen were on
duty near the mines. There was no dis
orders.
The Pittsburgh Coal Company an
nounced that it had added a few men to
the working force Of thirteen, which
started operations yesterday at Montour
mine, No. 4. A similar statement was
made by the Henderson Coal Company.
The management of the Wilson mine at
Cokeburg announced increased opera
tons. No statement was made regard
ing the working force at the Atlas mine
of the Carnegie Coal Company.
Evening star., 1922-07-29
MOTORMAN A SPEEDER.
Georgia Avenue Car Went 90 Mile!
Per Hour, Says Policeman.

Washington street cars are showing
a little speed. 1t took a policeman
on a motor cycle, with his eye on a
speedometer, to find out the truth
The street car riders are constantly
condemning the slow service by letter
and word of mouth, and there is an
inclination to side with them, but then
the policeman comes along and tells
the court another story.
Policeman D. J. Cullinane, No. 10,
was motoring out Georgia avenue. A
street car came along, and in at
tempting to keep up with it his
speedometer, he says, registered
twenty-three miles per hour. He or
dered stop, and had the motorman,
name given as Earl Willett,\ \put up a
SIS collateral. 1t was forfeited in
court.
But while this case didn't go to
trial, :. brought up another surprise.
Assistant Corporation Counsels Walsh
and Madigan said that they had had
numerous complaints from motorists
of the excessive speed of street cars
which had gone unnoticed by the
police, while motorists were arrested.
Evening star., 1922-07-29
NEGOTIATIONS ARE
ABRUPTLY ENDED
Possibility of National Settle
ment HaIts Attempt to
Arrange Truce.
d % Tn pCnQlilT E0PHE
B. & O. TO RECRUIT FORCE
Full Complement of Shop Workers
to Be Sought, Declares Official.
Tells of Terms Offered Men.

BALTIMORE, July 29.-Negotia-
tions for separate settlement OF the
shopmen's strike on the Baltimore and
Onio railroad ended abruptly yesterday,
when Chairman w. ]. MCGEE of the
system shop federation in conference
here notified Vice President Char'es
W. Galloway that he and his associates
were unwilling to proceed while the
possibility exists for national settle
ment. Mr.. Galloway thereupon with,
drew the proposals which he had iaid
before the shopmen earlier in the week
and announced that the Baltimore and
Ohio will go ahead with its EFFORTS 10
build up its shop forces to normal.
Assured of Authority.
AT the meeting on Wednesday the
committee assured US that they had
authority TO order the men on the Bal
timore and Ohio back to work provided
a proposition satisfactory to them was
submitted. and at their request 1or
specific answer to the propositions the
following memorandum was handed
them" said Mr.. Galloway's statement.
Mr. Galloway then publicly present
ed for the first time the complete
memorandum, the high points of
which were:
"'The road believes a national board
a
road, however. is willing to set up a
board of adjustment for the Balti-
= more and Ohio system, TO De COM
posed of its own employees and repre-
sentatiyes of the management. IL the
employees do not want this the road
is willing to join with others IN es-
tablishing a regional board.
IF the men return TO work under
conditions now prescribed py the
Labor Board the road is willing TO
discuss with its employees questions
in dispute and failing an agreement
will Join with the employees in sub
mitting the questions to the LABOR
Board.
Would Take Some Back.
Men who quit but who have not
committed any overt act to be taken
up. wages and rules to be subject to
discussion as provided in preceding
paragraph.
while it is not the purpose of the
road to ignore the loyalty OF those VINO
continued in it's service. the road pc
1ieVeS the matter of seniority can be
settled by discussion. and if any in
dividual cases have not been settled
satisfactorily within thirty days the
road is willing to submit these TO a
committee on which the company and
men will be equally represented
although the leasing of engine
shops nd facilities has never been IN
the question on the Baltimore and
Ohio, the company is willing to re-
frain from such action SO long as the
employees affected are willing to ac-
cept the wages and working condi-
tions prescribed by the Labor Board or
agreed to in conference with the COM
pany."
Evening star., 1922-07-29
WINS MUSIC PRIZE.
Iowa Student Awarded $500 in
Paderewski Fund Contest.

BOSTON. July 29.-The New England
Conservatory Of Music announced to-
day that Wallingford Constantine
Riegger of Drake University, Des
Moine, Iowa, had been awarded the
$500 prize offered by the trustees of
the Paderewski fund for American
composers for the best piece of cham
Der music.
The prize for the best symphony was
not awarded, the announcement said.
because none of the works submitted
met the requirements of the competi-
ton.
Evening star., 1922-07-29
WORK DEN0UNCES
STRIKE VIOLENCE
pageant of Savagery," "
Says Postmaster General
of Illinois Outbreak.

CHICAGO. July 2s-What he
termed "a pageant Of savagery, still
unrebuked." was condemned in the
opening address at the pageant OF
progress here today by Postmaster
General Hubert Work. Declaring he
wished. 'as one who believes in the
principles of unionism and collective
bargaining." to warn "all who sane
The pageant of savagery that re-
Gently stalked abroad by day in this
fair state, still unrebuked. would have
pallored the painted Indian"
While expressing concern over in
dustrial relations. the Postmaster
General voiced approving optimism
concerning the modern young person
He said that the fashionable short
skirt hung from the shoulders with
unrestricted waist was something
which physicians have urged for a
generation.
Improvement in Citizenry.
Some of the young people we see
in public places may appear to be
care-free and 1ight-minded." said DR.
Work. but / know that the mothers
and schools of the United States have
higher type of citizenry than the
country has ever before known.
Il would make an appeal for the re-
lief of those who work with both
head and hand. from those who work
only with their hands, and who are
being exploited by leaders for their
immediate personal gain.
Menace in Organization.
Those labor organizations which
restrict the available employment in
community to its preferred men,
bers, and prohibit other members
from seeking employment where they
may find it, have not in mind the
principle of the greatest good In the
greatest number. They are blindly
bidding for the open shop, the compe-
tition of disorganization within their
own ranks and a return TO the old
method of wage determined by eff
cheney, governed by the law of supply
and demand. rather than to their own
formulated rules.
"One half of organized labor is
conservative. They are home owners
and their children become good citi-
zens. They must very soon break
away from those in their own crafts
who disregard the rights and neces-
stiles of others. who do not approve
or practice the creed. An honest days
work for an honest days wage OF
who are willing to do murder to kill
competition"
Evening star., 1922-07-29
SPOKE FOR MILLIONS,
SAYS DEAN, ACCEPTING
PRESIDENTS CHALLENGE

By the Associated Press.
CHATTANOOGA. Tenn, July 29.
-. Cleye Dean, who sent a tele-
gram to President Harding attack
ing the administration's attitude
on the shopmen's strike, returned
from his trip as fiagman on the
Alabama Great Southern railroad,
and said that he would accept the
challenge of the President to pass
upon the coal strike issue.
Deans statement follows. in part:
In my telegram to President
Harding l have spoken the senti-
sent OF millions of Americans. L
take no exception to Mr.. Gompers'
remarks. l have no apology to Of
fer Mr.. Harding or any one else"
Chattanooga Federation of Shop
crafts, in an official communication
to the national organization. de-
MED any connection with the Rail
way Employees Publicity Associ-
alton and repudiated Deans tele-
gram to the President