davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-12-31
Grace Sees Steel Trade
Holding Gains of 1922
With Removal of Inequalities 1922
Should Show Marked ImprOvement
Potential Demand Good
BY Eugene G.. Grace
President. Bethlehem Steel Corporate

prfsdent BefNIcNtW oL0tI LoTp0T1for
ITNHE steel industry will enter The 1929 with eorfd,n
condition Of the industry during the latter part Of Ig2 H.
n what could reasonably be described normal taking int
ton the postwar lquidaons and adjustments that have 80 a. -
made The improvement at~!ned 1922 will be maintained dsr
year provided adjustments already made upset Wba,
1923 dependent upon holding fast what been done A.
The removal Of other inequalities the year should show v,
improvement Under such conditions the demand for steel ,hS -
New-York tribune., 1922-12-31
Britain Confident, Says Withers
Rise in Sterling Has Firm Basis, He Asserts, in I'M
proved Trade and Lower Production Costs;
Hindered by Continental Chaos
By Hartley Withers

OOKNG back the last year and trying into The msts
of the position Of England and her Con-
- neghbors, is able TO record satisfactory achievement
and fairly the while for the latter the
largely continued demorazaton which only hope
has now come TO point which the statesmen concerned will take the
necessary steps stop they As indication Of what has hap
sned in the last foreign exchange perhaps
New-York tribune., 1922-12-31

capacity.
There can be no question ~ 70 the
potential demand for steel products.
Our railroads require enormous guam
titles Of steel, not alone for replace
ment OF rolling stock and for msinte..
nance Of way, but also for increased
equipment, extensions and expansion
of facilities In fact, the general IN
capacity Of the railroads 70 handle the
rormal business offered 70 them during
the last six month Is apparent 20 every
one. The vital necessities Of our peo-
Die demand such railIoad facilities as
60 call for the utmost productivity on
the part OF tho steel industry.
The requirements Of the automobile
Industry will run into Z large tonnage.
There Is also an unsatished potential
demand for very large quantities Of
steel for building construction. The
building shortage Is urgent
The potential requirements OF farm
implements far exceed the buying In
1922.
New-York tribune., 1922-12-31
September

I-Government reduces cotton crop
estimates by $4,000 bales.
9-Anihraeitc coal strike settled.
4-Crissinger announces resources
of National banks increased
s529 ,0O0.OoO IN June.
6-Unohieial plans for revamping
capitalization Of Gulf oil an
nounced
l4-United States Steel Corporation
advances price on steel rails s.
ton to $40.
ls-Direetors decide 20 liquidate
Consolidaied Steel, export rep
resentat!ve of Independents.
Is Bethlehem Laekawanna Steel
merger ratified.
20-Bank Of New York and New York
Life Insurance ard Trust Com
pany formally merged.
2l-Reiehsbank raises discount rate 10
per cent.
2s-Proposed merger Of Midwife. Re.
public and Inland Steel CON-
panies abandoned because Of
difficulty Of financing in face Of
Federal Trade Commissions
opposition.
New-York tribune., 1922-12-31
October

2-Ameriean BankerE' Convention
bogins here.
S-Government cotton crop report
reduces estimated yield By
l+o.005 bales.
e-standArd oil Of New York an.
nounees plan for 200 Der cent
stock dividend.
New-York tribune., 1922-12-31
Baruch Says Boom Would
Follow Indemnify Solution
sCood Times" Here and World Pros
nerifv lenend ON Fixing Repa-
By Bernard M. Baruch

NHE rux Of worlds Industrial commercial and financial PROB
lens lies in the fixing reparaOn that Germany must under
py would the reconstruction Of the old fabric
- International trade and world had slowly built up
through the decades and ntanged broken down
New-York tribune., 1922-12-31
By Samuel Gompers
- Is T.Jr.-- 49,.

Labor
TIME year 1922 has been a year
Of tremendous struggle and
severe trial. It has been a
year during which our country has
been torn with dissension. During
the war Il was the proud assertion
Of the spirit that then dominated our
New-York tribune., 1922-12-31
Miscellaneous Uses

Meanwhile the use Of steel prodv1 =
for miscellaneous purposes constantly
Increases, with the result that the re-
auirements for steel in an infinite vari-
ETY. Of directions creates an ever in
ereaslng occasion for activity upon the
part Of the industry.
During the last year, though the
steel Industry has been running a. a
fair percentage Of activity. the net re-
suits from the operation have not been
such as 70 afford q guaranty Of future
health 10 the Industry unless certain
conditions can be improved.
There is a distinct shortage OF man
usl labor In this country. shortage
which affects vitality not only the steel
industry. but also farming and other
industries. and which cannot be met
unless there are effected changes IN
New-York tribune., 1922-12-31
November

s-Franes az low for year. 6.17: also
marks. at 1H.l0l OF a ~rnt.
i0-E. J. du Pont dc Nemours & Co.
plan a 80 per cent stock diyi.
dend.
if-Consolidatcd Gas Company's pro.
posed change in capital strue.
ture involves selling $4,000.
900 stock.
i5-Plan si.0oo.000.OO 900 packing mer.
ger.
ie-Generul Motors resumes divi-
dends on common b. deciura.
tion Of 80 cents = share. Bonar
Lsw wins majority Of co for
British Premiership.
l7-Involunisry bankruptcy petition
filed against Manhattan Piggy
Wiggly Corporation, Of whiea
James w. Elliot, is president.
is-James ". Elliott's Business
Builders, Inc. il subject OF in
voluntary bankruptcy petition.
2l-Scymour L. Cromwell, president
Of New York Stock Exchange,
suggests that corporations be
required 10 make sworn hnap-
eial statements before issuing
securities. 20 protect investors.
2s-Eeonomists at Academy Of Pollt-
ieal Science meeting predict Sc
rious agitation for cheap
money In near future.
24-Bethlehsr and kidvale directors
New-York tribune., 1922-12-31
May


s-seymour L. Cromwell reelected
president Of the New York
Stock Exchange.
II Laekawanna Steel Company
absorbed by Bethlehem Steel
Company. Merger plans Of sia
other Independents continued.
ls-United States on eve Of great
prosperity. Harding tells
Cham or Of Commerce Of
United States.
24-Court refuses TO modify New
England rate order on appliea-
ton % forty-four roads
29.-sUpreme Court moAihes Reading
decision in favor Of preferred
stockholders; holds Southern
Pacific ownership Of Central
Pacific unlawful. Lamont and
De Ia Huerta rehdy 20 begin
conference on McAIcln debt.
New-York tribune., 1922-12-31
Business Confident

She enters the year with considerable
confidence among her business men
a. % the industrial and commercial
outlook Her coal industry Is now do
ing an active export trRdei shipbuild-
ing firms have lately booked orders
on q scale which would At one time
have been nothing 20 throw up their
hats about, but under present condi-
tons show substantial improvement;
her iron and steel and engineering
firms are already doing better busi-
ness and hope much from the schemes
OF electrification and other forms Of
railway development and from other
measures for Improving transport IN
England. and 40 the same time reliev-
ing unemploym ent, these measures be-
ing assisted 20 some extent by the
granting Of government guaranty
FOR raising the necessary capital.
lt is true that this stimulus is arti
fcial and Of a kind which Is somewhat
inconsistent with the reiterated ap-
peals that have 80 often been heard
from Industry during the last year
that the government should leave u
alone. This Inconsistency has natural
ly been made the most Of By labor
leaders and socialistic critics OF pri-
vate enterprise. Nevertheless, the
common sense answer is that IL Is sure
~ better 20 pay men 70 do work II the
work is really wanted ard will IN.
crease the economic effectiveness OF
the eountry than 90 demOraliIe them
By paying them for doing nothing.
Hindered BY Continent
Another cause % confidence, both
foreign and domestic, in England's
future is the change of government
which has lately been brough; about
Rightly or wrongly, II Is thought that
NJ. Lloyd Georges erratie genius has
more than we'll earned a rest and
that the country and is industry
have also earned a rest from the
shocks 20 which his mcrcurial temper
ament occasionally subjected them. 1
The new rovernment Is frankly bro |
nide. Il wants 20 do a. little a. pos
Eible and 70 leave British industry /
as FAR as possible free 20 recover Us /
activities with such assistance, ss Ia /
the matter of the guarantees already 4
referred 20. a. government can fairy 4
be asked % grant. As the new Prime
Minister, Bonar Law, lately said IN
the House of Commons. industry wants
% feel that IL is not liable 70 sur
prises, and that Is Ahe way Ia which
he government NEEDS 20 work. III
Bat whsn AL thla Is said the fact
New-York tribune., 1922-12-31

7-Oaieisl terms OF Midvsle-Repub-
lie-Inland Steel me-ger an
nouneed. inquiry ordered.
Bank OF America and Atlantic
National 20 consolidate.
l3-CleArirg House banks cut inter.
est rates on deposits by re.
classification.
Is Bank OF England reduces redis-
count rate from 20 3i5 per
cent.
1e-Amortizaiion Of Mexieo's exter-
nal debt agreed on as solution
Of financial problem.
10 Bank Of New York 70 merge w.th
Scw York Life Insurance and
Trust Company.
2l-Federai Reserve Bank cuts re-
discount rate 10 per cent
Mexican Petroleum statement
shows earnings largest in his
tory.
New-York tribune., 1922-12-31
August

Cotton advances 50 4 bale on gov
eminent crop report.
2-Guaranty Trust Company buys
control OF Stutz Motor Car
Company q: sale Of Ryan Sc
eurities.
3-Fedcral Reserve ratio reached
new high peak at 1872.
g-New bank formed 20 take over
assets Of the Mercantile Bank
Of the Americas.
IL r. II. Macy & Co. decides 20 offer
shares in the company 70 pub
lie for the FIRST time.
II Bethlehem Steel announces that
reorganization plan for Lacka-
wanna merger gives fun voting
power 20 holders OF common.
24-Ameriean Telephone and Telo-
graph announces plan TO offer
sll5.000.00O stock to share.
holders.
so Strikes force Chicago & Alton
into reeeivership.
3i-lnterboTough announces it will
pay interest on notes.
New-York tribune., 1922-12-31

s-Unltsd States calls for $500, ,O0O,-
600 25-So-year loan at ~ per
cent.
9-Investment bankers open eonven-
tion az Del Monte, Calf.
l0-National Biscuit Company direct
ors vote rs per cent stock diyi-
dend.
u-Standard Oil Of New Jersey di.
reetors vote 400 per cent stock
dividend Trustees buy in In
terborough stock.
i3-Southern Railway directors vote
20 resume dividends on pre-
ferred stock.
l7-Vaeuum OIL directors propose 800
per cent stock dividend.
ls-ohio OIL proposes 500 per cent
stock dividend.
l9-Lloyd George resigns; Bonar Law
10 head new Cabinet.
23-Mexiean Petroleum melon" puts
stock on sos basis. Basis Of
exchange Tor "Pan Pete" an
nounecd.
ej-Pcnnsyivania Railroad restores 6
per cent annual dividend rate.
Irving National Bank and Colum-
bia Trust Company plan mer-
ger. Lire at low for year,
1891.
% King OF Italy calls Mussolinl,
Fascist leader, to form Cabl.
net.
30 - Studobsker reports earnings
equivalent % s7is a share on
common IN third quarter.
3i-Unisod States Steel reports def
icit after dividends Of 1880.
Coz for third quarter.
New-York tribune., 1922-12-31

sex Motors combine In new
company.
New-York tribune., 1922-12-31
March

G--Chinese s5,5oo,OOO loan extended
10 June.
s-United States Supreme Court de-
eides New York law fixing sSi
rate at so cents a thousand IS
conhscatory. John Doe inquiry
into methods Of American Cot
ton Exchange begins before
Magistrate MeAdoo. United
states declines on invitation to
participate IN Genoa confer
ence Secretary Mellon an
nounces new issue Of Al per
cent Treasury notes. for which
Victory notes may be ex-
changed
s-vAn sweringens acquire Glover
Leaf"
l5-Great Northern directors in
dorse change in dividends to
scmi-annual basis.
l6-Cruei =, Steel directors decide 20
omit 81 dividend or common
stock. Tide Water oil alse.
Magistrate McAdoo finds Ameri-
can Cotton Exchange is
"bucketshop."
2l United States Steel Osroration
earnings drop 8S4,3O4,O79, re-
port shows.
22-Reparation Commission an.
nounees plan for intentional
control Of German finances in
case Of moratorium. Northern
Pacific directors cut dividend
rate from 10 per cent.
24-FouT-PoWer Treaty ratified By
Senate. g. 70 p, with "no al.
lance" reservation.
80 Stockholders OF the Seaboard
National and Mercantile Va.
ii0nai banks ra;ifv merger.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-09-11
NeW Christian Church is
Dedicated at TrUin Branch

Impressive services marked the
dedication OF the new Christian
church al Twin Branch Sunday,
hundreds of persons attending. Rev.
C. w. Cauble was in charge OF the
ceremonies He spoke on The VAL
ne of the Church" at the morning
worship. The choir of the First
Christian church of this city pro-
vided a program OF special music.
The official dedication took place
at the afternoon services. Delega-
tions and the pastors Of all the
Christian churches in Elkhart and
st. Joseph counties were present.
The lot was donated by Mrs. Ma
thilda Geyer and Mr.. and Mrs.
Charles Geyer Rev George W.
Titus pastor Of the First Christian
church here. held evangelistic
meetings a Twin Branch last March
and afterwards the new church was
built
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-09-11
WATCH OUR ADS
ROD nTC
Lincoln Wav West. come


Lincoln Way West. corner lot 4Sx6j,
good business location. paved streets,
sewer. water gas in and paid for.
$3.50 cash.
street and improvements. $500. Terms,
$500 down. balance one year.
MiddlebOrO St. lot 4lX13S. street be
ing paved. all other improvements in.
$500. Terms, $500 down, balance 500
per month.
College St. lot 4Ox1Jo. street now be-
ing paved. other improvements in, $500.
Terms $3.50 down. balance $40 per mo-
KenwOod St, lot good for small bust
ness, sewer, water. gas. $500; half cash,
balance $40 per month.
:. Michigan St. near corner Ewing
two large lots. 4Sx16j. all Improvements
ia and paid for. for only $3.50 each !;
half cash. balance one pear
Michigan St. Al end Of car line.
two fine lots. 42Xl2O each, Improvements
only $500 each; half cash. balance one
var.
$. Main. close to end Of car line, two
fine lots 42x120 partly im2 rNed. $500
each. Terms. 500 down. btiance $40
per month.
f. LaSane St. corner O. Frances.
lot 4OX11O. all imprOvems ITS. S1J0.
Terms. 500 down. balance S15 per mo
+. LaSalle ST.. two fine OTIS, 4OxllO
all improvements $1,000. Terms. 500
down. balance SIS per uonht.
River Park. Sever9l good lots, near
cars. $40 each $50 GOwr balance SO
per month
lincoln way West. two fine business
lots. 45yl45. all improvements. $500
each half cash. balance IN one year.
Builders attentiOn-Let Us show YOU
n block Of * fine building lots on South
Michigan s.. car line. which we can
offer YOU at q big sacrifice.
Yours for a Greater South Bend"
THE VICTOR Y. VAN CANTFORT co
Everything an Real Estate"
End Floor Union Trust Bldg. Lin. 2jSS
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-09-11
Sc OF cal

4fO Farmers Trust Bldg
lfce Phone T.. $3.50. Res Phone NJ 4O3t.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-09-11

/ 33 1-3 percent value for every dollar
they spend.
Common sense shows there is a
big leak somewhere.
To locate this and remedy il, the
women of Dayton. O., are undertak-
ing a thrift campaign for three
months, which will include a sys-
tematic study Of buying. budgeting
and saving
Mrs. Edith McClure-Patters
who is organizing the work in Day
ton and is chairman Of thrift for the
federated women's clubs OF the state
Of Ohio. explained the plan TO me.
Every Home on Budget.
we aim to put every home on a
budget" she announced, but by
budgetins we don't mean an eIab-
crate system of bookkeeping or the
keeping of a slavish record OF every
cent that is spent
we mean a systematic reconcil-
iation of the income and the ex-
penses, in order 70 gain the greatest
happiness and pleasure as we'll as TO
get the utmost value for every cent
expended.
Different incomes and living con-
ditions require Individual budgeting
bat here is good division with
spend:
- percent for food.
20 percent for clothing.
20 percent for shelter.
10 percent for upkeep.
- percent for cIf-advanccmcnt
and pleasure.
10 percent for saving.
"A housekeeper may adjust these
proportions until they fit her needs
most comfortably.
Must BE Business"
When women will regard the
management of a home as just as
important an item as the manage
ment Of a factory they will get the
thrill from housekeeping men get
from business.
in Dayton we are carrying on the
campaign through the wOmen's
clubs, banks. merchants and the
press. The banks are cooperating
by making out budgets. and giving
MS their speakers 10 tell US about
various financial problems. stores
have offered their buyers 10 tell US
about the value OF produce and the
time and conditions under which 20
buy most advantageously. Schools.
churches and papers are promoting
our propaganda of saving
we Will carry our plan through
out the state by means % the wom-
ems clubs and we hope 10 make it
nationwide"
Mrs. Patterson Is niece OF the
late John II. Patterson. and it was
through his influence that she un-
dertook welfare and social work.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-09-11
OTHERS COME AND GO

But year. in ard year out. II
months OF the yea YOU will find the
Elaborated Roonng &C.. 107 w. Divi-
sion St, rapidly growing and taking
care of it's customers The Elabor-
ated Roofing Co. is a part OF this city
For the past ten years It has made
an enviable record in the roofing
business. Like many others you will
profit by investigating the merits OF
Elaborated Roofs. The Elaborated
Office is also headquarters for the
popular Warren Paints. The Right
Paint to Paint Right" For real
protection OF your home you can
not equal the combinstion of Elab-
grated Roofing and Warren Paint.
adv-222-tf
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-09-11
RIVER PARK

The regular meeting of the Ladies
Aid society of the NJ +. church was
held al the home Of Mrs. Herman
Penrod 2317 Mishawaka av. Ten
members and one guest were pres
ent. The devotional service which
opened the meeting was led by Mrs.
ROLAND Miller. who read the scrip
tUre lesson from LIST Psalm. The
business session followed when re-
ports of the various comittees were
read. The committee in charge Of
the concession at the fair, stated
they had wonderful success this
year A committee consisting Of
Mrs Herman Penrod, chairman.
Mrs 4. l. Brandenburg, Mrs. F. L.
Wolfe and Mrs William Bertch were
appointed 10 serve meals to the
registration board in River Park
saturday A social hour was en-
loyed and refreshments were served
10y the hostess. The next meeting
viii be held Thursday, Sept. 81, az
the home of Mrs. John David. 1912
Mishawaka av.
Miss Marjorie Bookwalter s.
Seventh ST. entertained with a lawn
party Thursday evening i'm honor
Of Miss Vera Miller, who Will leave
Monday to enter DePauw university.
Music and games featured the eve
nings entertainment Luncheon
was served.
Mrs. A bert Witt. y Ninth -.
was hostess at a 8 o'clock dinner
Saturday IN bouor- Of Miss Thelu1a
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-09-11
Rooms without Board

FOR REST-LaTge furnished front room
on South Side ear line. clost 20 center
of town. Can Mlsh3waka 1s72 atI
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-09-11
OBSERVE OPENING
OF PRESBYTERIAN
AUDITORIUM HERE
Congregation Subscribes Near
ly $1,000 at Service
DR.. Burnett Speaks.

The Presbyterian congregation
celebrated the opening Of the newly
remodeled auditorium Sunday morn
ing by raising a sum OF $500 on an
allotted budget Of S4.5OO 10 be used
in paying for the late extensive reno
walton Of the building. \ large con-
gregauon attended the two morning
services.
DR. Burnett delivered a sermon on
The Beauty of Holiness" He used
as text. / Chronicles 16:29.-"Wor-
ship the Lord in the beauty of hoH-
ness
The sermon follows:
The inspired singer no doubt re-
ceiyed his suggestion from the mag
nificent vestments of the high priest
used in the ceremonial services of
the Old testament worship. Every
thing attendant upon the services
appealed 20 the esthetic, beauty be
came associated with the act OF wOr-
ship, and the holiness Of the worship
per was accepted as an essential part
of every act of devotion.
1T was thus that man associated
beauty with God and with all that
had 10 do with his approach TO the
object OF his worship. One might
not fully realize Holiness, but he
would admire the gorgeous attire of
the ministering priest and the stately
movement of the services, and thus
his deeper religious feelings would
be stirred.
I'VE do much when we inspire IN
mems hearts a love for the beautiful.
The surroundings of worship quicken
the spirit Of reverence. The place
and its adornment, the music and
other attendants of religious service
contribute to delight in It, We dis
honor God and cheaper our religion
if we do not put into our houses of
worship the best. the most beautiful
the most appealing of which we are
capable
THE God who has revealed his
love of beauty in his works has Gre
ated the soul Of man and adorned
it with spiritual beauty that trans
cends the material: il is the mark
which he has placed on virtue.
Holiness n sun Ray"
Holiness is the sun ray OF the
spiritual life: into 1t enters every
virtue and all together combine 10
make II complete and perfect. Holt
ness often expresses itself in a mega
tive way. The Pharisees were holy
In that they were free from fault in
their relation TO the letter OF the law.
but they lacked positive goodness.
The beauty of Holiness - its reality
as expressing the inner life.
1T is in the beauty of holiness We
are 20 worship God. Every element
OF worship must be present in our
approach TO Him; thanksgiving for
all His mercies; a sense of our need
which he alone can meet; the sense
of our Indebtedness 10 Christ through
whom we approach the Father; and
the spirit Of sacrifice impelling us TO
bring ourselves and our substance
as a worthy offering before Him.
we need to make more OF the spir-
ituality Of our religion. for il discloses
and develops the rich uniqueness of
personality. Spirituality beauties
and sanctifies. The ancient worship
per I'm tabernacle that il was God 5
tuary, recognized that It was Gods
presence alone which would glOrify
the place of worship. The beauty
which surrounds US in this church
today is a call TO deeper spiritual
service "
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-09-11

FOR RENT-Strictly modern double
room for gentlemen or ladies. $40 IS.
9Th 81 gff
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-09-11

FOR RENT-F.ve rooms, an m0der1.
In excellent location. so Seymour
Jansen, Lawyer. 113 Lincoln Way W
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-09-11
ERE LADIES LOSE

In a closely contested ball game
Sunday morning. the Walnut stars,
OF South Bend. defeated the local
fremen's team by a 6-5 score. The
Mishawaka boys used all their stuff
in the first inning when they showed
ave men across the plate and could
not function creditably in the bat
ting department thereafter. A re-
turn game has been arranged.
The batteries for Mishawaka:
Buysse and ApeIt; for South Bend;
Spar and Jack.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-09-11
TEMPLE

The Sheik's Wife" a French pro-
duction. Will be shown AZ he Tenn
pie theater today for the last time.
This picture was filmed entirely on
the great desert of Arabia under the
direction of Henry Rousel, author
of The story.
The leading roles, including Mar
eel Nibert as The Sheik, Hadjid Ben
Khedim. and Emma Lynn as the
English girl who has married the
Sheik, are played by professional
actors. but thousands Of native
Arabs were employed in the produc-
ton.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-09-11

FURNISHED room for rent in modern
home centrally located ladies prefer
red. Call Mishawaka 1896 SO
Two FURNISHED ROOMS Tor rent 90
young ladies' home priv ieges Cali
forenoon or evenings. Phone. Mlsh
pos 53