davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1922-08-31
BOND PAYMENTS
IN september
To Be LARGE.
Total $115.275.ooo as Com
pared With $96,725,soo
:. = in August. -,
BY MUNROE ROBERTS.


Copyright. ls2e. by Cosmopolitan News
Service) .. - 3.
NEW YORK, Aug. s1.-Bonds
called for payment next month in
advance of maturity aggregate
s115,275.o00 as compared with $685.
i25, 800 in August, and $66s. 900
in September, 1921, according to
the regular monthly tabuiation Of
pow-Jones. An unusually large
number for this time of the year.
amounting to $113.640.200. are to
be paid off in entirety. and in most
cases replaced by issues bearing
lower interest. In September, 1921,
no issues were paid off in full.
The balance of $l,634,S00 called
! this September represents. gener-.
ally, sinking fund calls. -;
Three large issues to be paid off,
each for $26,o00.0o0. are the Con-
solidated Gas Of New York con-
vertible rs, Humble Oil and Re-
filming rs. and New York Central
rs. Practically all the Consoii::
into stock at par. The New York
NGhtIdi ioouC was lildhSCN
recent sales of a refundfng S per
cent issue. due In 2013. The
Humble Oil and Refining issues will
be paid through proceeds of a sale
of ten-year 5h per cent debenture
bonds recently offered. The Proc
ter and Gamble last issue Of a
series Of per cent notes win be
met without further financing,
while proceeds of the sale Of the
Atlantic Refining per cent deben-
lures Of 1887 will be applied to the
redemption Of the ten-year deben-
true 6h's called in September.
Other important issues called for
payment are ss.6os.20o Canadian
Steamship Lines collateral trust
rs; $4,000 Toledo Traction
Light and Power debenture Ts;
| 81, ,00O. 900 Stewart Warner Speedom-
eter SIS: s1,500,000 Havana Elec-
trio Railway. Light and Power Z
per cent notes; $1,400,000 Ralston-
Puriana per cent notes and 81
100000 Robbins and May per
cent notes.
It is stated that the government
of Haiti is desirous OF securing a
substantial foreign loan either in the
New York or the London market, or
both: and that. IL such a loan Is Sc
cured. II will reached the investment
markets in the form of a new bond
issue. One of the purposes OF the new
financing Is the funding and con.
solidation OF Haiti's external loan,
the bulk Of which is held by French
investors.
Offering is made today Of new
issue Of $5,000,000 five-year 6 per
cent convertible gold notes Of the
General Petroleum Company. The
new bonds are Offered to stockhold-
ers of the company, and after thir-
ty DAYS the, unsoId portion will be
placed in the open market. The new
notes are convertible into common
stock for a period Of five years at
various terms. 49,. -.
/ The Kentucky Joint Stock Land
Bank of Lexington has recently sold
an issue of s1.000.00 Of its per
cent bonds to a banking syndicate
headed by Halsey. Stuart and Com
pany, which offers them at prices TO
Weld Az per cent.
The Washington times., 1922-08-31
Foreign Exchange.

NEW YORK, Aug. 31.-Sterling
demand, 4.45B; cables, 4.461s
Francs, 7.61; cables, 1914. Lires,
4.35; cables, 4.35Is. Be:gians,
demand, 7.22h; cables, 1923. Marks,
.0O06. Drachmas. $40; cables, 3.25.
Swiss, demand. 1900; cables, 1902,
Guilders. 1896: cables. 3S.9S. Pc.
setas, 1851; cables, 1853. Sweden,
kronen, 26.46: cables, 1850. Nor.
Way, 1872: cables, 1916. Denmark,
21.42; cables. 21.46.
The Washington times., 1922-08-31
| |MONEY:-HADE
Fixing a Living Wage.
McAdoo- Hoover Delusion.
A Mans Real Wages.
Standardization Impossible

CHICAGO, Aug. 31.-Four hun
dred thousand railway workers
asked the Railway Labor Board on
Tuesday to fix a living wage"
That is. they wished the board to
establish in some way a wage on
which a worker and his family
could lead what we call a decent
American life. They did this more
or less as a protest against the
Labor Boards decision that some
workers should not be paid more
than 20 or 80 cents an hour. The
board refused to act. The men
have appealed to the President.
That the men protested against a
20 or 30-cent scale was to be ex'
pected. Who now can live decently
on around 81 a day? The men who
appealed to the President as against
this rate Of pay deserve public sym
pathy. That is one thing. But TO
have any board or government fix
standard living wage for any class
Of workers throughout the United
States is another. 1t might be a
good thing II 1t could be done. But
II can't be done-that Is, 1t can't be
done successfully.
Standardization.
The worst delusion that Mr.. Nc
Adoo and Mr.. Hoover have tried
to introduce into American business
is the delusion that wages. living
conditions, the manner Of earning
and spending money in factory or
transportation or farm, can be
standardized, made uniform. with
justice to anybody. A great French
man has said that this passion for
making things uniform is the disease
Of small minds. That does not flat
ter Mr.. Hoover or Mr.. McAdoo, but
in their case II seems true. No
proposition is doing more harm to-
day than their idea Of uniform
wages, uniform standards of living
for all Of us everywhere.
A mans real wages are not the
number of dollar bills he gets in his
pay envelope but what those dollar
bills get for him-clothes, house
room and food. II he works in
Maine. he has to spend a large part
of those bills for coal at SIS or s2C
a ton, for shelter in a house eX
pensively built to withstand zero
weather, for heavier winter clothes
etc. II he works in the Imperial
valley he spends no part of hi
wages for such things. What the
Maine man pays out for these
necessaries of life, the Imperial val
ley man has to spare from his wages
He can use the money for new com
forts, better living conditions, or a
Ford
The Washington times., 1922-08-31
COMMERCIAL FRAUDS
COURT OPENED IN N. Y

NEW YORK, Aug. 31.-The Com
mercial Frauds Court, opening today,
has been organized because vari.
GUS business organizations wanted to
check the obtaining Of credit from
merchants and banks by the use of
false financial statements.
Hundreds of thousands of dollars
will he saved through the new court -,
District Attorney Banton predicts.
The Washington times., 1922-08-31
Chicago Grain Market.

CHICAGO, Aug. 31.-Buying Of
the deferred futures. while Septem-
ber was offered more or less freely.
developed an irregular trend In the
wheat market today. September was
unchanged to Y lower at the start;
December was up Y and May u
higher. There was selling Of the de.
ferued deliveries later. =
Corn opened irregular. September
was off u to u. December un-
changed to y higher, and May un.
changed, Offerings were largely
in the current delivery. Trade was
light. IS
Oats opened unchanged To- low.
er. Most buying was In September,
with sales in December futures. =.
Provisions opened easy; trade was
light. I
The Washington times., 1922-08-31
Conditions Differ.

In a country that reaches from the
zero belt to southern California The
conditions of life. standards Of liV'
ing differ as widely as between Nor
way and Spain.
Again, wages cannot be made uni
form in big cities and small villages
unless hardship and injustice in in
dustrial life are to be made universal.
This Is a continental country-no
little Belgium, Switzerland, or Den
mark. The conditions of life, work
income, wages, comfort and luxury
are as varied between Cape Cod and
the Golden Gate as between Sicily
and Heligoland.
The Washington times., 1922-08-31
Made Assistant Cashier.

Harmon Burns, former paying
teller OF the National Metropolitan
Bank, has been made assistant
cashier of the American Commercial
and Savings Bank.
The Washington times., 1922-08-31
Winthrop Smith 4 Co.

Announcement of the opening OF
. branch office In Washington was
made today by Winthrop Smith &
Co. Of New York. The new of.
fices are In the Commercial National
Bank building, and gives this firm
bra nches in Baltimore, Harrisburg,
Baltimore, and Cleveland.
The Washington times., 1922-08-31
Cotton Market.

NEW YORK. Aug. 31.-The cot
ton market was steady at the open
ing today. October sold at 22.59,
up 6; December. 22.6s, up 4: Jan.
uary, $3.50, up 3: March. 22.6s, up
10; MAY, 22. so, up Is.
The Washington times., 1922-08-31
gH gHH BUSINESS AND FINANC
Local Stocks.
SALES

Real Estate Title Insurance.
10@120. W"
After call
Potomac Electric General Motors
SIS, $1,000& 100.
Capital Traction, 3@104.
Money-Call loan, per cent at
per cent. 60
The Washington times., 1922-08-31
What Various Cities
Are Paying Now /
For Coal
BY International sews Service.

BY International 1ews Service.
Coal here In the national capital
has not materially advanced In re.
tail price as compared with a year
ago, according TO District coal
dealers. - .
There is a slight stock Of anthra-
cite on hand, being rationed out to
restaurants and laundries at SIS a
ton, as compared with . price Of
about $1I.50 last year. .... -.
Bituminous coal ranges now
from So to $l1 a ton, a slight In.
crease over prices for the same
grades a year ago. Pea coal Ii be-
Ing sold for domestic use at Sl2.
$3.50 ton, as compared with SIC
last year.
The Washington times., 1922-08-31

commission show that these 104 rail-
roads had. a.net operating income of
$46.263. 900 last month as compared
with 43.s3S, 900 in July 1921. ope-
rating revenues for the 2104 roads
totaled s272, ,62S, 900. a decrease of
2.6 per cent under those for the
same month last year. while their
operating expenses amounted to
$207, ,0S7 900, a reduction Of over 5.
per cent compared with those roads
for July 1921.
The Washington times., 1922-08-31
Harding Not Eliminated.

w. p. G. Harding, whose term as
governor of the Federal Reserve
Board recently expired may yet be
Board recently expired, may yet be
ing to Secretary of the Treasury
Mellon.
The Secretary declared that the
Presidents attention has been so oc.
cupied with the labor strikes that
he has not yet had time to nomi-
nate a head of the Reserve Board,
but that Harding was still strong
possibility for reappointment.
The Washington times., 1922-08-31
Clearing House Figures.

Washington clearing house re-
ceipts for the month OF August
amounted. to s75,s71,s32. as com.
pared with $75,s71, ,s32 for the month
OF July, Il was announced today.
The Washington times., 1922-08-31
Railroad Earnings
Increase During July
1O4 Roads Earned S46,263,OOO Last Month,
Compared With $43,998,000 in
~ J,llv 1901
BY HARRY GUsACK.

July earnings of the class railroads of the country
will show increase the month last accord
ing reports of earnings filed with the Interstate Commerce
Commission by 1O4 of the 200 leading roads.
The Washington times., 1922-08-31

On your vacation you win want
timely news and thrilling fiction.
You viii insure your getting both
N you order the Daily snd Sunday
Washington Times sene to your
mountain or seaabore resort.
The Washington times., 1922-08-31

Open. H1Eh. Low. CiooN.
Money on call. AZ -. -. =.
Sale of Stocks up to
1ls'm: w noon lp'm. 2p.m.
Sales of Bonds up to
IL am. IL noon. 1p.m. 2p.m.
The Washington times., 1922-08-31

COLUMBUS, Ohio, Aug. 31.-In.
ternatiOnal News Service-Local
retail dealers in coal are quoting
prices ranging from $3.50 to S10.50
q ton INVEST Virginia lump toal.
Prices last year. according to the
dealers, ranged from 81 to $3.50 a
fOn .
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-01-31
Women Big Factor i7 Success of
NeULy Appointed Minnesota Coach

Smiling Bil' SpaUlding who re-
Gently was appointed football coach
at the University Of Minnesota. owes
his success 20 a woman.
The woman in the case is the
present Airs. Spau,ding. She was
Smiling Bits" original booster. In
those days she was merely an ad-
pirer Of his athletic proves.
After Spaulding made good as a
coach, the engagement was an
Rounced. Then came the wedding
bells, old shoes, rice, and plenty OF
good wishes that have come true.
If il were not for the woman In
the case. Spaulding might still be
an obscure Office clerk in a o'clock
town. She believed Smiling Bill
knew. all there was 20 know about
football and set out to secure him a
job.
Star at Wabash.
Spaulding graduated from Wabash
college in 1907. For three years
ne had been one OF the big cogs in
the machine the Little Giants" had
turned out under the direction Of
COacn CayOu. the lndlan mentor. IN
1905-06 Spaulding was captain OF
the eleven. The latter year he was
placed on the All-Western team.
Following his graduation. Spauld-
ing decided 10 so IL for a mercantile
life. He secured a job at M.shawaka,
Ind. in an oil Office. II was while
he was there that Miss Jessie Hutch
inson OF Charlottesville, Ind. learn
ing that Pres't Dwight B. Waldo Of
Western State normal Kalamazoo.
was looking for a coach. wrote that
official a letter. in which she urged
him'to give the former Wabash star
a chance.
He has never done any coaching.
but as he does nothing but talk,
read and almost breathe football I
am sure he viii make good. he is
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-01-31
Diamond Gloom Gets
Serious and Names
His All American +"
By NICK AITROCK.

Getting serious for a moment
DO l think present-day baseball
is as fast as . years aCo2
What team would I pick as the
best that could DO selected from
tho American league since it
started?
Right off the reel want to say
that baseball Of today is not as fast
as IL was Is years ago.
The standard Of the major
leagues has been SLIPPING for the
past five years. I can't offer any
reason unless the war temporarily
cut off the supply OF likely young
sters
When I look over some Of the
recruits that are sent 10 the ma
jors for trial by highly paid
scouts, make up my mind the
scouts must have been drinking bad
"hooch" when they looked EN-
over.
The pitching Of today in no way
compares with that OF 10 years ago.
Then every club had al least four
good pitchers and as many capable
second string performers.
Now most clubs have one high
class pitcher. Some are fortunate
enough 70 have two. The batters
face real pitching about once every
four days, not over twice in that
time
I know am going 20 give a lot
OF people a laugh when they read
my selection OF an All-American
league team. However. with me It
- a serious proposition This is my
idea OF the one best bet aggregation
that could be selected from Ameri-
can league stars since its organiza-
ton.
Ray Schalk as catcher. There
never was a brainier backstop or a
better handler Of pitchers With
only one pitcher 10 select. 7 can't
see any one but Walter Johnson.
FOR my infield 7 would have Hal
Chase at first. Lajoie az second.
Terry Turner al short and Jimmy
Collins at third For the oUtfield
Cobb. Speaker and Ruth are my Sc
lectlons
Now start throwing your bricks
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-01-31
EXPECT DESCH AND
MURPHY TO SHINE
At EASTERN MEET
Believe Notre Dame Stars viii
Make Good Showing De-
spite Loss of Wynne.

The Notre Dame track squad,
which left yesterday for the Mill
rose games. will compete without
the services of Chef Wynne, who
has confessed 10 participation in a
pro" game. Wynne did not &C
company the team on its journey to
New York
Great things are expected Of the
team tomorrow. Gus Desch, Of
course, is counted upon 70 romp
home with a number OF points un-
der his belt, while Johnny Murphy
intends 70 establish his reputation
nm the east firmly. II is said that
Landon and Chamberlain will both
jump against the Notre Dame man.
and this Will give Johnny the
chance he has been longing for
Last year i'm the eastern games
Johnny tied for first with Chamber
lain and Alberts, and while he
broke the tie with Alberts by beat
ing him iu the western conference
meet, he has yet TO beat Chamber
lain. Notre Dame. of course, be-
iieves that Johnny is the greatest
high Jumper in the country. and If
tho long legged boy is feeling right
there is little doubt but that he viii
carry off first honors tomorrow.
As for Dcsch. ne has been raring
to go ever since the football season
closed. Gus has never felt better
I'm his life, and that means that a
worlds record or two is very likely
TO tOpple tomorrow. The relay
team, composed OF Desch. Mon
tague. Hefferman and Walsh, will
he given some tough competition by
the eastern schools, but Il has n
mighty good chance 20 place, never
theless.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-01-31
ICE SKATING STARS
GATHER AT SARANAC
FOR CHAMPIONSHIPS
International Titles at Stake
in Three Days Series
of Races.

SARANAC LAKE. Jan. 3O.-En-
tries for the international outdoor
ice skating championship races.
which are to be conducted in this
village today and Feb. and . have
poured in, and all the leading skat-
ers in Canada and the United States
viii be assembled at the Pontiac
rink, when the starters gun is fired
for the opening event.
Joe Moore. international cham
pion OF 1921, Will defend his hcnors,
while from the Canadian side Of the
line a force OF formidable contend
ors viii give him a hard fight for
the title this year. Charley Jew
traw, OF Lake Placid, national cham
pion, is expected 10 give Moore a
stiff battle for honors.
While Saranac Lake IS not strong
" represented in the senior events,
it is placing its hopes in Orlis
Greene, high school boy. TO cap
ture the junior honoFs Greene has
been going strong this season. win
ming his meets at Binghamton and
Newburgh. He is considered TO be
one Of the most promising young
sters since the days Of Edmung
Lamy former worlds champion.
Some of those entered in the
senior events are Charles German
and Henry Garnet, both of st.
Johns. Nova Scotia. Mike Goodman
and Dave Patrick, OF Winnipeg;
William c. I,atton. Of Pittsburgh;
John II. GouN y. Of Milwaukee; II.
Westbecker and one other. of the
fremont Skating Club; Bobby Hearn.
of Brooklyn Ice Palace; Alfred Neu-
fer George Perlsberg and George
Goodman, of Cleveland, representing
the Ohio Skating Association: Roy
McWhirter, William Steinmetz. Ju-
Ian Steinmetz, Of Chicago, repre-
senting the Western Skating Associa-
ton; Richard Donovan and Jack
StoWell Of st. Paul, representing tho
Minnesota Skating Association; VII
liam Stephenson and Edward Clos
ter, of Toronto Speed Club. and RUS
sell Wheeler. Of the Montreal Ath-
letic Association
In addition TO the skating races ,
programme of fancy and acrobatic
skating will be presented each daf
of the meet Ernest Lamy. formerly
with the New York Hippodrome. is
expected TO be included with his
clown act. while his brother Claude
is expected 10 stage a barrel jump
ing exhibition. Edmund Lamy a
third brother, is present holder OF
the worlds record in jumping bar
rels, having cleared i laid side by
side IN the ice.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-01-31
GOPHER GRID FANS
HOPEFUL OF GREAT
THINGS NEXT YEAF
Bank on Spalding, Who Ha
Bright Chance to Win Grid
iron Fame at Minnesota.
University OF Minnesota hopes
go L. l-.-- g.. Ii - $500 -

University OF Minnesota hopes 4
regain lost football prestige.
AS a step IN that direction 81
Spaulding has been selected as heal
coach 20 succeed DIT Williams.
Who i Bill SpaulcinE2 Until I'd
wires carried the story that Doe sd
Minnesota's new coach little va
known OF him as a national GOOD
ball figure.
Dr. Williams for % years "a
been football coach az University I
Minnesota. Bill SpaulinE. who sud
ceeds him. for Is wears has coachel
Western Normal school Kalamazoo
Michigan.
Spauling first played football i
the high school team az Slack Riva
Falls Wis. From there be went 4
Lawrence university, where he playl
ed two years.
After two years az Lawrence /
gave up his college career and we'd
20 Chicago, where he secured a a
sitlon with one OF the big packinl
concerns.
? Coach Cayou. OF Wabash. VII
had seen Spauld.ng play az LawI
renee, finally PREVAILED upon hi 1
TO finish HIS college course. He Il
tered Wabash college. He gradul
ated from that institution In 1901
Spaulding PLAYED halfback n
was one OF the best men IN Il
west IN his day. The year lie cd
tanned the Little Giants his tea
inside OF three weeks beat NorIi
Dame 5 20 o, Purdue IA 20 o. plasl
ed Illinois a scoreless tie and 4
10 Chicago 8 20 O.
with only a limited enrolment 1
Western state Normal schodI
Spauiding has been turning ont a
markable teams year after year
HIS teams have wallOped ATichI
gan, Michigan Aggies and scores 4
other headliners and near headlirI
ers in the realm Of basketball. fooi
ball and baseball
Spaulding has the gift OF FettiIl
the limit out OF every man under /
direction.
His uncanny ma Enetism $50
wins his men over Tie has Il
faculty Of discovering in each -
vidual his proper place iu the ramI
winning machine.
Those who know Spaulding "a
/ dict he VIII do big things in a fool
! ball way az Minnesota
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-01-31
Fight Fans to Turn Out En- Masse
For Bouts in MishowQkQ Tonight

him TO get i'm the required 10 miles
of road work day after day I'm
down to weight and feeling fine,
and if Welsh wins he viii say It
was the hardest money he ever
earned" was the M.shawaka Irish
mans smiling farewell 10 MS friends
last night after working out at Nc
Gowan's sym.
Mickey Brennan. Jimmy Bradys
closest rival Tor lightweight honors
in Michigan viii Toe forced 10 the
limit when he swaps blows with
frankie Harvey OF Milwaukee.
Harvey is noted for a punch that
travels only r. slight distance but
boxers. I'm the closing semi-final of
the evening these bows should put
up "a wonderful exhibition for eight
rounds
In the first somi-finaI OF the night
Johnny ThieI. the lightweight that
MCGOWAN predicts viii soon be the
state title holder, is 20 clash with
Red Curry, ono of the most popu-
lar battlers ever 20 don a glove in
iIfl ..l'-. I'd AlI't4ttllelr A'.- tltll ADA
Both boys are experienced ring men
and should furnish one of the best
bouts of the card.
Danny MCGOWAN Favoritc
Iu siN-roUnd opener, Johnny
MCGOWAN. the l12--20 pound anna
tour champion OF Ohio and stu
dent of Notre Dame, will mix
punches with Young Stanley, stu
de5aker favorite. In a bout at
Studebaker's some time ago the
bantams battled with matters even
and the fans that witnessed the
bout have been c'amoring that they
DE sent into the ring together
again MCGOWAN is q slight favorite
over Stanley TO win the exhibition.
Ed SmEh wei known boxing
authority. viii be the third man in
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-01-31
HIGH SCHOOL FIVE
TOPLAYSATURDA
Burnham Arranging Game E
Squad Chicago Team
Unable TO Come.

The next opponent OF the lo-
high school five wiz not be- "a
uOunced before Wednesday event
or Thursday morning Of this Yves
Coach Burnham has been tryinS
get the Nicholas Sem quintet hc
SATURDAY afternoon. but faile1. al
he VIII have 10 look elsewhere i4l
rival for his pro-eFes
Chicago hien schools arc conc
ing eNa animation This Woft I
believed 20 have prevented OH. N|
Sem mentor from accepting s-i
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-01-31

Strong Canadian Hockey
Team Nay Meet n. ID. Stars

The possibility that the Cana
dian Hockey club. which yester-
day cinched the championship OF
the Chicago Hockey league by
defeating the I. A c. sextet,
would appear on the campus rink
II Notre Dame Saturday after
aeon was expressed by Rev. Gun
aingham, athletic director. who
has just returned from a trip 20
Chicago. II cold weather sets IN
before that time, there Is no doubt
that the Canadians viii be seen
in action here, as the Irish have
practically Cancelled their trip 70
ST. Paul.
In case the game IS played, Il
viii be the first appearance Of a
powerful opponent on the cam
pus rink. Culver and the Michi-
gan Aggies could hardly be
classed as such, but the gold and
blue will find the Canucks a far
different proposition from the
Cadets or the Farmers.