davidaulloa/AmericanStories huggingface dataset:
The Caldwell tribune., 1922-07-18
CURRENT BUSINESS CONDITIONS
By GEORGE E. ROBERTS
From the Monthly Bulletin for May Issued City Bank
of New York

The events of the past month pre-
sent contrast between, on the one
hand, those which show encouraging
progress toward normal conditions of
industry and prosperity, and, on the
other hand, those which indicate that
human perversity or distrust is the
chief obstacle to progress. The trend
in business has been favorable, at home
and abroad.
In Europe, industrial conditions
would improve rapidly but for the
political conditions. The prospect of
foreign loan for Germany has been
abandoned for the present, because it
is impracticable for Germany to give
security for such loan without COM
plete settlement of the reparations
debt, and France cannot afford to
make final settlement for any
amount that could be raised by the
loan.
The currencies of both Austria and
Germany continue to decline in vol
ume as the result of new issues. The
German mark, before the war worth
about, 23.S cents, is now worth about
n .hundredths of one cent The bit
ter antagonisms which exist between
political factions within Germany are
indicated by the second assassination
in high circles, this time of Walter
Rathenau, minister of foreign affairs
In Ireland a state bordering upor
civil war exists, and Sir Henry Wilson
field marshal of Great Britain, has
been assassinated in front of his resi-
dence in London, an act presumably
related to the Irish situation. The
energies of the world are being large
ly expended in strife.
In this country unemployment ha
been diminishing and the crop out
look is good, but the growing men
ace of coal shortage or of railroa'
congestion, if not railroad suspension
overhangs the situation.
The Caldwell tribune., 1922-07-18

been seized from the enemy. Licens-
ing authority was transferred from the
Federal Trade Commission to the
Alien Property Custodian,
Former Attorney General Palmer,
members of the Federal Trade Com
other high officials, and pos
sibly even former President Wilson,
as we'll as political leaders in both
parties, appear likely to be called as
witnesses when the battle of German
and American dyes takes place in
court.
Attorney General Daugherty is evi-
IDENTIFY counting on making as much
capital out of the dye issue as possible.
1t has immense possibilities when it
comes to gathering excitement among
The Caldwell tribune., 1922-07-18

all the factories to be maintained on
half time operations, at double the
normal cost for shoes. Questions of
this kind must be settled with view
to the economical operation of the in
dustries, for the good of the greatest
number. Everybody wears shoes and
uses coal; of the two, coal is the more
important for it enters into the cost
of everything else. 1t is no kindness
to the laboring people of this country
to maintain artificial conditions which
increase the cost of coal. They bear
more heavily upon people of small in
comes than upon others. Every wage
Garner pays more because of them not
only to heat his home and cook his
meals, but upon every purchase he
makes.
The Caldwell tribune., 1922-07-18

"Mr. Peabody as representative
operator admits that one-third of the
operating mines represent burden on
the industry, and he suggests their
elimination thru bankruptcy. Ellis
Searles, the editor of the United Mine
Workers Journal admits that 10000
miners, like one-third of the mines,
should be eliminated, and he suggests
that they leave the mine for the farm.
Mr.. Peabody estimates that the idle
days of our bituminous mines involve
an annual loss to the capital and la
Dor employed of not less than $780,
100000, and l suspect that most of
this loss is paid by the consumer.
"a longer working, year for re-
duced force is the only possible me-
thod of bringing about the lower
wage scale mad the larger annual earn
ings, both of which are generally need
ed. 1t is largely by reason of the
high unit rate of wages that coal costs
too much, and on broad economic
grounds it may we'll be questioned
whether the producer should be paid a
wage of the consumer, Can ass day
workman afford to buy coal mined by
Ia $40 day mine worker"
The public should not be asked to
permanently maintain a superfluous
force. If there were too many shoe
factories and too many shoe-makers
Il would not follow that the public
should pay enough for shoes to allow
The Caldwell tribune., 1922-07-18

FOR SALE-Player piano. Phone
533. 58-61p
The Caldwell tribune., 1922-07-18

FOR RENTING odern furnished apart
ment. Inquire 9l0 Main 58tfc
The Caldwell tribune., 1922-07-18

formulas of their patents to private
manufacturers, and about $50 concerns
invested some $l50,0O0,OOO, including
the DUPONT interests. which put in
$l5,OO0,0O0.
The background of the present sit
uation is this, During the war it was
deemed advisable to place at the dis
posal of American manufacturers the
formulas owned by Germans on pre-
parations vital to the conduct of the
war. Section 10 of the trading with
the enemy act was enacted, giving the
Federal Trade Commission power to
license bonafide manufacturers to use
these preparations, the patent rights,
however, to remain in the Govern
ment's and the license to pay over to
the Government Treasury a certain
per cent of their profits as royalties
Also the Trade Commission had the
power to fix the price for which these
products could be sold.
Many licenses had been granted for
this purpose when A. Mitchell Palm
er then Alien Property Custodian con-
ceived the idea OF broadening the
powers of the Government in handling
these German patents and transferring
their administration to his office. This
was duly accomplished by enacting a
law, rider to an appropriation bill
then pending, and the Alien Property
Custodian was given the right to sell
patents, copyrights, ETC., which had
The Caldwell tribune., 1922-07-18
X X 4 X X X X p X X X X n 4
UNDER THE NATIONAL !
CAPITOL BY ]. E. JONES !

~ 4 y + = y \ \ 4 4 4 4 4 4
American The Chemical Founda-
Organization ton interests who Sc
of Dye In cured the German dye
dustry patents during the war
took up with the individuals, previous
ly licensed by the Federal Trade Com
mission, the advisability of giving up
their licenses and coming in under the
Foundation system. At the same
time the Foundation began licensing
The Caldwell tribune., 1922-07-18

the American people. But those who
are inclined to the belief that Daugh-
erty is magnifying actual conditions
say that the dye matter is not unlike
hundreds of other cases where it was
necessary to wipe out the Germans
only it happened to be the biggest and
most spectacular event among the
transactions.
The Caldwell tribune., 1922-07-18
LAST FRONTIER
SUCCUMBS WHEN
DAD IS BUILT
Wyoming Region, Rich
In Lore of Old, Opens
Saturday; Will be Scene
9e Passing Glory.

ROCK SPRINGS, July l4-A trail
OF romance, highway that pierces
the very heart of the West of old time
tradition, will be dedicated by Gov
ernor Robert D. Carey of Wyoming
on Saturday, July IS.
Traversing "the last wilderness" as
the region to the south of the Yellow
stone has been called by Emerson
Hough, the Hoback Canyon road
which awaits its official opening leads
from Rock Springs on the main line
of the Union Pacific, up past the Wind
River and Big Horn mountains and
thru Jackson's Hole to the south en-
trance of Yellowstone At Pinesdale,
Wyoming, it is joined by a branch
from Kemmerer on the Oregon Short
Line. And the new highway which
thus runs northward like. an inverted
~" offers to travelling thousands a
new artery and new entrance to the
Yellowstone and will open to the tour
ist the region which epitomizes the
lore and romance of the old West.
1t is the region where The Virgin
ian, and Steve and Trampas roamed.
The hidden cabin of the classic ro-
nance is there, and the mountain lake
HWhere the Virginian took his bride.
sterner life it was the country of
the>famous ROBBERS Roost, the hang
out of Butch Cassidy, Big Nosed
George, Teton Jackson after whom
Jackson's Hole was named, and other
celebrated characters of the days that
are gone. Many thousand dollars OF
reward money, collectable dead or
alive, was laid on the heads of the
regions prominent citizens in the old
days-and never earned. And the
tales and lore of those old days make
every point along the new highway
replete with romance.
The Hoback Canyon road will oper
the way thru some of the most mag.
nifcent mountain scenery in the
world, towering snow clad peaks, liv'
ing glaciers, lakes and rivers of breath
catching beauty. Northward to Jack
sons Hole it is shadowed by the stu
pendous Tetons. Thru the town o
Jackson it passes the wonderful Leigh
and Jenny lakes and the famous Bal
BIC ranch of Maxwell Struthers Burt
On to Moran, Jackson's lake ant
Sheffield's ranch, it crosses the Snak
river, borders the lake and makes ;
short and easy climb to the soutl
entrance of the park itself. And from
NC ranger station at the south en-
france it brings into use the road t.
the Loop" of the big playground tina
is one of the most beautiful of tn
whole park. 1t passes the falls of tn
Lewis River, the striking gorge of tn
Snake, Moose Falls and Lewis lax.
joining the main park highway system
at Thumb ranger station.
Among the notables who will atten
the dedication of the Hoback Canyo
highway are Governor Robert I
Carey of Wyoming, Congressman T
d. Mondell, Senator ]. B. Kendricl
Senator F. E. Warren, VIM. Allie
White, and many prominent writer
and correspondents. The dedicatin
parties will leave Kemmerer and Roc
Springs simultaneously, meeting Z
Pinedale. AT Fremont lake barbs
cue of elk, trout and other game wit
which the country swarms, will b
held. The actual ceremonies of off
cially opening the highway will b
The Caldwell tribune., 1922-07-18

held at Byron's Flats, mountain
meadow bordered by river and cir
cled by great mountain peaks. The
dedicating party will continue over
the highway to the Lake Hotel in
Yellowstone.
The Caldwell tribune., 1922-07-18
There's a Reason

Visitor: What do you want to be
when you grow up, Willie?"
Willie Wiseacre. "a soldier"
"But don't you know there probably
wont be any more war by that timer"
"Sure!"
The Caldwell tribune., 1922-07-18
TRIBUNE
Classified Advertisements
-BRING RESULTS

FOR SALE OR TRADE-An Oakland
six in good condition. Priced for
quick sale. w. w. Clark. care Of Al
bany App'ts.
The Caldwell tribune., 1922-07-18

FOR RENT-House, H. E. Wallace,
phone 800. 59trc.
The Caldwell tribune., 1922-07-18

wANTED---To loan $1,000. inquire ]. r.
IIonkey. 52tfc.
The New York herald., 1922-04-21
SUES TO DISSOLVE
GAS MANTLE TRUST
Government Follows Criminal
Cases With Civil Pro-
ceedings.

Charging that the corporate and In
dividual members Of the so-called "gas
riantle combine" under Indictment for
violation OF the Sherman anti lrust raw.
lad instigated false arrests OK competi-
tors. instituted unwarranted AMI vexa-
t;ous litigation against riva.s and tn
lawfully combined to restrain trade and
boost prices, the Government. yesterday
filed a complaint in the United States
District Court IN a dissolution suit
AGAINST the alleged combine.
The action, which was ilcd by AS
sistant United States Attorney General
r Cotton Lewis. is a civil proceeding
end is supplementary to the criminal one
instituted here by the Government when
the members of the allegcu combine
were indicted March 6. Tho complaint
fled states that the combination and
monopoly complained of has reference
cnly to the incandescent gas street lamp
Industry, and the ownership and con-
troll of corporations engaged III or con-
nected with the conduct of tnat Industry.
Besides the United Gas Improvement
The New York herald., 1922-04-21
BRISK DEMAND FOR
WELL RENTED FLATS

The Royal Atlantic Realty Corpora
tion. Charles A. Stein president. sold
1904 and 1906 Madison avenue. between
Eightieth and Eighty-first streets. a
rive story apartment. with stores. 40x70.
to Nagele Brothers.
The Denwood Realty Company, Ben
jamin Benenson president. has pur-
chased through Ernest T. Bower the
five story flat, with stores. 26x100. at
S39 East 13Sth street
James II. Cruikshanlk resold to Davis
Brooks 24t East 10th street. a five story
double flat. 25xl0O, between Second and
Third avenues. held at s2l,500. Charles
A. Rosenthal was the broker.
Jacob ]. Tabot sold for Lena Gold
stein the four story tenement. with
stores. at 45i West Thirty-ninth street,
25x9S.9. The purchaser will remodel for
business purposes.
The four story tenement. 25x1o2.2. at
3il East Seventy-third street has been
sold by Mary Bauman.
William III. Gentxlinger sold to Ed
ward Hoch the five story store tene-
ment. 25x100. at 81 Amsterdam avenue,
north of Sixty-third street.
The estate OF Thomas Dairs sold 32S
East 109th street. a five story tene-
ment. with stores. 25xl00.1l.
Cornelia Holbe bought from Leo Her.
man 1886 Second avenue, southwest cor
ner of Eighty-eighth street. five story
store tenement. 25.SxS0.
The New York herald., 1922-04-21
RUMORED LEASE OF
ROGERS PROPERTIES
Madison Ave. Corner at 57th
st. Said to Figure in 81, ,000,-
900 Renting Deal.

II was rumored yesterday that Fl. II.
Rogers. son OF the late Standard OIL
magnate, is leasing his property at
the southwest corner OF Nation ave-
nue. and Fifty-seventh street The
identity of the prospective lessees or
the use which they expect to make of
the realty was not revealed. 1t Is said
that the property will be leased for an
aggregate rental of more than ST.
100000.
The Rogers property takes in "a and
% East Fifty-seventh street. dwellings
altered into five and six story buildings
with stores, and the adjoining four story
building at SIS Madison avenue The
combined parcels have frontage OF
1855 feet on Madison avenue and AZ
feet on Fifty-seventh street. with a
southerly line of 20 feet. On the city
tax books the properties are valued at
s505. 900.
A few days ago the property Of
Robert Il. Bonner at the southeast
corner of Madison avenue and Fifty
sixth street. comprising three parcels,
was leased to a client of Dwight. Ar
ch bald & Perry, who expect to improve
the site with a twelve story business
building when leases expire in 1924
The New York herald., 1922-04-21

Simon S, Friedberg is the buyer of
% East 12th street. sold recently
through the Vreeland-Ord Realty Com
pany and Charles Fredericks.
The New York herald., 1922-04-21
News Of the Real Estate World
APARTMENT BUYING
TOPS BRONX MARKET
Some ActiUity in Selling Tar
payer Parcels.

Armstrong Brothers resold for DR..
David Neumann the five story apart
ment. 269S Valentine avenue. near the
Concourse, 47x10O. making the second
sale of the property. within a month
by the same brokers. They also sold
for Albert M. and Clara M. Mayell 800
East lssth street, opposite the Ursuline
academy. three story two family
dwelling, 2bx100, to Max M. and Ruth
Kaplan. 1t was held at $4,000.
Benjamin Harris sold for the Adler
estate to Nathan Goodwin 9l5 Esmere
place. near Southern Boulevard five
story apartment, 105x100. having q rent
roll of $4,000 and valued at $4,000.
Herman A. Acker has sold for the
Zilrnaur Realty Corporation the tax
payer on the east side of Jerome ave-
nue.. 25 feet north of burnside avenue.
containing three stores. The property
was held at $4,000 This taxpayer ad-
joins corner in which the Corn Ex-
change Bank is now making alterations
In order to open one of its branches.
The same broker has sold within the
last three months over half million
dollars worth of property on Burnside
avenue, including the northwest COR
ner of Grand Concourse and Burnside
avenue, northwest corner of Walton
and Burnside avenues. southwest cor
ner of Davidson and Burnside avenues
and the northwest corner of Burnside
and University avenues.
Laumeister & Hermann sold a five
story apartment house. 62x70x5S, at 2021
Arthur avenue. southwest corner of
l79th street. The property was held at
So. 900.
X. r. Ragette sold for Henry II. A.
Wolf plot OF five lots at 226th street
and Carpenter avenus to Patrick c..
Cullinan. who will erect five two fam
Ey dwellings.
The New York herald., 1922-04-21
QUEENsB0R0UGH DEALS,

Lewis Fl. May Company sold for
Hannah Blum the two and half story
Swiss chalet on the west side OF Beach
Thirty-fourth street, Edgemere. l.. L..
to Fl. Shapiro.
William ID. Bloodgood a Co. Inc,
leased the building at the southwest
corner OF the Greensboro Plaza and
Radde street 10 G. d. Brock, dealer in
automobile tires.
Cross q Brown Company leased for
the Greensboro Bridge Loft Corporation
to the Motor Engineering Company the
basement OF the building at the north
west corner OF Wilbur avenue and Suns
wick street, Long Island City.
Oscar J. FRANKIE. proprietor OF the
FRANKIE Manufacturing Company OF
Manhattan. has purchased an apartment
In 143 Twenty-second street, Jackson
Heights another purchaser OF an apart.
ment In f33 Twenty-second street IL
Charles II. Chaplin. who Is connected
with the Sun OIL Company.
The New York herald., 1922-04-21

Company the otfssr corporate ana .nti--
vsdual defendants .amed IN the corr
plant are the Wclsbach Company. the
Cities Illuminating Company. Inc. the
Pennsylvania Globe Gas Light Company,
the Welshach Street Lighting Company.
the Welsbach Street Lighting Company
Of Wisconsin. the Paterson Street Light
ing Company. the American Develop.
ment Company, the Sun Vapor and Gas
Street Lighting Company. the American
Street Lighting Company. the American
Mantle Company. the Sunlight lilumi-
mating Company. Barron-Collier Com
pany, the Fidelity Trust Company. the
Equitable Trust Company. Samuel T.
Bodine, Randall Morgan. Edward t.
Stotesbury, p. II. Gadsen. Walton Clark.
Lewis Lille. Paul Thompson, George w.
Curran. Effingham p. Morris. William
Wood, Morris clothier, William g.
Dickerman, Arthur T.. Shaw. William
Findlay Brown. Eugene S. Newbold and
Sidney Mason. who are officials in the
companies.
The New York herald., 1922-04-21

Susan V. and Stephen Mcfarland are
the buyers of 1913 and $40 West Fifty
sixth street. Edmund c. Wendt of the
southeast corner of Wadsworth avenue
and 1T9th street, and Abraham Stern
OF los West Sixteenth street. all sold
recently.
The New York herald., 1922-04-21
RESIDENTIAL RENTALS

Harris. vought & Co. leased an apart
ment in East Forty-seventh street to
G. v. Havens: in 1242 Madison avenue
TO Bernhard Mendel. DR.. 8. A. Walker
and M. J. Geiringer: % East Eighty
ninth street to T.. ID. Fitzpatrick. L.
Yeoman and Chester b. Price. and in
27 East Sixty-second street to III. ii.
Smith.
Douglas l.. Gilman e Co. leased a
large apartment in $40 Park avenue
TO r. Kent Hibbard; in 40 Park ave-
nue. to Francis l.. wellman; I'm 10 West
Fifty-fifth street to Charles III. Stone
ham; also in 80 East Sixty-fourth street.
southeast corner OF Madison avenue, to
Harry Aaronson. and in i22 East Seven
ty-sixth street to Mrs. III. ID. Lanpher
Butler a. Baldwin. nc, leased for
Peaso e. Gilman. agents, for the 81
Park Avenue Corporation, two apart
ments in 81 Park avenue to A. Fill
more Hyde.
The New York herald., 1922-04-21
IN THE DWELLING MARKET.

\ A. A. Oldham OF the office of Louis
p. Dowdney cold for lose T.. O'Kelly
the five story dwelling at $40 West
Seventy-third street. held at s67.500.
Josephine Skelly. the purchaser. will
occupy.
william ]. Roome & Co.. Inc. sold
for the estate of John B. Scott 25s
West Twenty-fourth street. a three
story dwelling. 16.sxss.s. The property
has not been transferred since March
IL. 1868.
John c. Coleman bought from Aaron
Shishko and others 357 West 117th
street. three and half story dwell
ing. 16.sx100.
Porter & Co. sold for James III. Beals
70 client OF the Harlem Real Estate
Exchange the four story dwelling at
81 West l30th street.
The New York Trust Company. as
executor OF the estate of Mary p. Tap
pan, sold the three story dwelling s87
Lexington avenue, to the Harlem Hold
ing Company.
George X. Crawford sold to Peter
Mulligan si4 West 18th street. a three
story dwelling, 16.Sxf0o.11.
The New York herald., 1922-04-21
SALES IN MANHATTAN
REVEALED IN RECORDS

The Sharpnel Realty Company sold
tho six story store building, 45xS4.10,
at the northeast corner OF South street
and James slip to Joseph Lavelle. who
acquired recently 1876 South street.
Benjamin Lidsky, furniture dealer in
the three story store building. 26.6x100.
at 461 Ninth avenue. south of Thirty
sixth street. has purchased the property
from John Knoth.
The Preferred Garment Company ac-
uuired five story building. with stores.
c7xsS.9, at 20 West Thirtieth street.
The N. Y. Cooperative Building and
Loan Association sold TO Kathleen
Mullins a three story dwelling. 18x
e9.11. at SIT West 148th street.
Gussie Perlman sold to Molly Glass
man a three story dwelling. 15x99.l1
at $50 West 159th street.
william and Emma Irvine sold TO
Edwin c.. Worms a three story dwell
ing. 1s.9x99.11, at 10 West 127th street
Joseph Krinslti sold to Minnie
Rabinowitz a five story store flat,
34.10x100.11. at IL East 115th street.
Frederick Otterstedt sold to Your
Realty Company the five story store
flat, 2411x110. at the northwest corner
of Fifth avenue and 1920 street.
The New York herald., 1922-04-21
NEW TELEPHONE BUILDING.

A six story addition to the New York
Telephone Company's building at 81
willoughby street. Brooklyn. will be
erected In the near future. and In
preparation for this construction work
adjacent buildings are now being de-
rnolished. The estimated cost OF the
addition is s1.250.0o0. II will front 107
feet on willoughby street and will ex-
tend $50 feet from Bridge street. The
composite result will be an L-shaped
building facing three streets. The
buildings to be razed include telephone
company repair shop and five dwellings
on Bridge street
Foundations will be laid to accom-
modate twelve stories ultimately The
building will be constructed along the
lines of other telephone buildings. the
exterior being of brick with limestone
trimmings and the entire structure will
be as near fireproof as possible Al
though connecting with the present
building. the addition will be OF fnde-
pendent construction and design.
The New York herald., 1922-04-21
DEMAND FOR SPACE
REFLECTED IN RENTALS

Daniel Birdsall & Co.. Inc. have
rented the six story building at 160
Franklin street to Neuss Hesslein &
Co.; also the store in al0 Church street
to the Globe Textile Company; the first
loft In 447 Broadway to the Royal Car
pet Company and space in 70 Worth
street to ]. & NJ. Agin.
Joseph p Day leased for the Textile
Paper Company. 1903 and 307 Monroe
street six story building. 75x10O Mr..
Day also arranged for the renewal at
the expiration of the present term with
the owners of the fee the Cordner
Realty Company. The lease is made
to Hyman Barr.
Cross &c Brown Company rented Of
fices in the Fisk Building. Fifty-seventh
street and Broadway, to Alvey Fergu-
son Company of CINCINNATI to the Kent
Company: the Associated Musicians,
through O'Rielly & Dahn: Atlantic En-
terprises; King & Scott: Starr Construc-
ton Company; Louis staff; julio Rom
an and John w. Patton. The same
brokers leased floors in 514 West Fifty
seventh street to W. A. Hathaway Com
pany: to p. S. Kiger the building at
537 West Fifty-third street; in Is West
Thirty-seventh street space to the Busi-
ness Bourse International. Inc; in 120
Last forty-IlrSt street space TO the
Koscherak Siphon Bottle Works, and
offices in 14S2 Broadway to A. Asen.
Luna Sightseeing Car Company.
Charles It. Noyes Company leased
floor in 109 Leonard street to The Code
Users, Inc, at an aggregate rental of
about $4,000; offices in 81 Nassau street
to Eastern Radio Service, and space in
l26 Maiden lane TO Harold NJ. Fox.
Abraham Saffir and j. Il. Machat
leased for Cross g. Brown to the wald-
Morgan Company a loft In 16 West For
ty-fifth street.
Haggstrom Callen Company has leased
store and basement In 81 Greenwich
avenue, corner Bank street, to Samuel
Levine for roofing supplies.
Henry Brady leased space N 185 West
Thirty-third street to the Man-Day
Radio Corporation.
Abraham Saffir and J. I. Machat
leased to the Magma Grocery Stores
Company, for a branch shop, store and
basement IN 603 Tenth avenue.
Houghton Company subieased for
Louis Seidman the four story altered
dwelling at 5l2 West End avenue to
Katherine Merry Davis and Tina Poste,
clients of William A. White & Sons.