davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-09-26
Army Order.

Special Dispatch TO THE New YosK IrraArp.
New York Herald Bureau.
Washington, ID. G.. sept. 25.
These army orders were nslc public TO.
day.
INFANTRY
Dan n. Howe. Captain, TO washington.
i(Alary Fechct, Major, to Camp Travis
Marvin Baer, Captain, 20 Georgia
George II. Passmore, Captain. to Boston.
COAST ARTILLERY
Clarence y. Linder. Major, 70 Washington.
MEDICAL CORPS
Bernard L. Jar1nan. Captain, TO washing
ton.
Jacob NJ. Coffin, 1t. Col, to pennsylva MIA.
AIR SERVICE
Henry T. Butts, First Lt. 20 Fort sheri.
dan.
ENGINEERS
George Horowitz. First It., 10 West Point
FINANCE DEPARTMENT
Frank J.. Kelly, Captain. 70 Chicago
QUARTERMAsrER CORPS
Lewis 9. Wilson, Major. 20 Hawaiian
Islands.
CHAPLAIN
william A. Aiken. Captain. 10 washington.
The New York herald., 1922-09-26
Dangers to Navigation.

rReported 10 tho Hydrogra phic Office.1
Sept Z, lat 81 II. lon "a 90, passed red
nun buoy--Str cauto.
Sept 0, tat 81 10. lon sS 40. passed heavy
spar about 90 feet long-Str Corby tBr).
Aug 2a. lat a rs. lon 90 AZ, passed large
black spar 0 TO ~ feet above water, about
IL inches In characteristic President Adams.
Sept 4, lat Al 81. Ion ~ 10, passed a spar
20 feet long and feet In diameter and COW
escd with Beaweed--1tr La Perouse (Fr).
The New York herald., 1922-09-26
CABLE REPORTS.
PASSENGER STEAMERS ARRIVED.

ADRfATIC (Br), at Liverpool oath.
ASSYRIA tBr), at Liverpool 25th.
BRAGA Orb, at Lisbcf 22d.
CANOpfC tBr), mt Liserpool 2fth.
COLUMBIA tBr). at Glasgow 24th.
EMPRESS OF RUSSIA tBr). at Shanghai
23d.
FREDERTK VIII DAM. At Copenhagen 74th.
GIUSEPPE VERDI (Ital). passed Gfbraltar
cath tNew York for Naples).
LA LORRAINE tFr), at Havre 25th-
NTEUw AMSTERDAM Dutch. at Piym-
outh Gath tald proceeded TO Rotterdam).
PRESIDENT HARDING, at Chsrbourg oath
land proceeded 10 Bremen).
ROCHAMBEAu tFr). at Hevre 23d.
VICTORIAN tRr), al Liverpool Gath.
ICELAND tBr), AZ Plymouth 25th (and pro-
ceeded 20 Antwerp.
The New York herald., 1922-09-26
FOREIGN WEATHER CABLE
GRAMS.

noon. co.3s inches; wind. w. strong breeze
weather, foegy: temperature, IS deg Fair.
The New York herald., 1922-09-26
PASSENGER STEAMERS SAILED.

AcuITANIA tBr,, from Southampton 2se
for New York.
The New York herald., 1922-09-26

Schr Ophela, New York for Stamford.
Schr Triton. Port Liberty for Calais (an-
chored).
(at s:35 AND: Wyoming. with 5 lat 2:25
PM 23d>; Lehish, with tat 3:40 PM) !;
Cheektowaga, with cat 4 PM.
Motor barge Socony 62.
Sailed 25th. schr Pendleton (from New
York; Nantucket
The New York herald., 1922-09-26
TRrsr ASD SURETY coNrASira
JOINT STOCK LAND BANK BONDS.

Yield
Gid. Ask. Ab't.
tchiearo--Joln, sto,k Land
Bk. bxs. Nov. 1851 on. si.ios ioeh 4.so
fJoint Stock Land Bank 5s.
Hay. 1899 op. 24....".... POS iooA 600
tJcint Stock Land Bank rs.
Nov. io5s op. 7s..a..... epx io0n $50
tNct listed on New Ytrk stock Exchange.
The New York herald., 1922-09-26
Continued From Preceding Page.
Bound East.

AND: Aquidneck. with tat a:10 PAD
Socony es. with 2 Cat 40 PM.
Steam lighter Elva lat PM).
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-05-11
HERSELF AIDED,
SHE WOULD NOW
BENEFIT OTHERS
Portsmouth Woman Restored
By Taking Tanlac, Gives
Facts To Public For BENEFIT
OF Those Who Suffer as She
Did-GainS ~ Pounds.

Others helped me by telling what
Tanlsc did for them. and now want
to help some one else by telling what
Il tit for me-" said Mrs. c. y Hog
gard 2?5 Sixth Ave. Portsmouth. Va
II was a victim OF nervous indi-
Eestiou and for three years every
thing ate lay like lead in my stom-
ach. Gas from this GndigestcG food
almost stopped my breath. and my
hear, would palpitatc until il alarmed
ne couldn't lie on my left side
al all Then. too. had chills AT night
which mad" sleep almost Impossible.
fc.l of in weight alarmingiy and
got 50 weak that when / began tax
ing Tamlac didn't have strength TO
go 10 the front door.
'i'ut nov my friends say ] am like
a different person. and certainly feel
like ono. can car anything. haven't
had chill since I finished the ars,
bottle Of Tanlac, and feel we'll and
strong all the time. have gained
twelve pounds in weight. too. Tanlac
Is just grand"
Tan!ac is SOLD by all good drug
g!sts.-Adv
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-05-11
GERMANS Say THEY CANNOT
PAY SIXTY BILLION Nkut,,

by Associated Prcssj
= PARIS. May lo-The German T..
-ply 70 the rcparalons not. ~ Ann
-=a3, which mas been received he ~.
sEeparations commission protests the
: sR"od VIII Of the German government.
but Pleads tn" material lmpos s.billty
-tef Imposing sixty u.lllou MARKS nov
aslaXes before May 81 or complying
----rith all the conditions laid down an
:. March =
- The German government. NC re.
Sstly says, is convinced o. the rec.s.
t.sity o! covering expense without FUR.
Z Liner monetary Initiation Hav!n.
sfegard however FOR the German
rfconornic situation ana financial OH.
Giiga lions abroad, st Is considered m.
s. tvitahla that important PAYMENTS due
yEDy Germany la foreign currei,cv can.
-t-hoi he made wi,hou, the aid Of foT.
tSeign loans.
- In conclusion the German govern
sIncnt declares that 1t VIII do rs
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-05-11
EZRA OF PROSPERITY IS
an FORECAST OF HARDING
Federal Reserve Head Opt
mistic in Address to Dry
Goods Association.
Try Associated Press. l

BlHMINGHAM. ALA. May TO-
. Merchants OF the country were urged
to pat on steam and prepare 10 han
die the business OF tomorrow by Gov
ernor Harding. of the Federal Re
scrvr Board in IN address here to-
day, before tho Southern Wholesale
Dry Goods Association
Many Indications OF improved con-
! ditiuns both in this country and
i abroad arc apparent ne declared. and
I business men should forget tho mis-
fortunes 90 the pas, and make ready
for the opportunities OF the future.
The situation today Governor
Harding asserted. is in many respects
. the reverse OF what 1t was at the
end OF 1919. surplus goods having
, now gone into consumption and there
being market reduction in the
goods on the merchants shelves.
The fac; that a revival in asri-
culture" he said. has come much
sooner than had been expected by
those who regarded tho low prices
of last summer as permanent has
brought new hope and courage to the
agricultural districts and affords :,
basis for the belief that there will
in due time bc a distinct business
Improvement in those districts"
While the situation abroad is still
complicated, he said, there arc many
indications OF improvements. tho Ok
changes Of some OF the lead ~.
European countries have become FAR
more stable during the past year
ana the money spent by the America N
tourists now flocking 10 Europe will
add to the ability Of the foreigners
10 buy American goods.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-05-11


mens in any ALLEGATION OF intorna-
t.onal cable communications
rt,
-heAoans' opposing the
bonus. said In part:
"This measure :. ,,
'ee' i"'eres'
10 me bankers OF the country. in
that il places upou ,be b,rr. ~,
VI '""hS'hs such cash ad-
rances as may be received by tho
irdjv;t,,I ,,,;o
! "'ie 'heE are
NOT obligated 10 discount q soldiers
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-05-11

school teacher to understand that
tho gentleman from Michigan In
tended by his language nasty fling
at the great cx-President, who Is not
able TO como here on this floor and
defend himself 49, 49,. the course In
suits that are from time to time
heapcd upon his head. That great
man Is III. / think It is unseemly
and unbecom!ng in the chairman OF
great committee to rcgalc the sal!
lerics and his partisan audience here
with these low. mean. nasty tlings
at a former President OF the United
states.
Ilrnyciy AssnIl Ill Man.
There was a time when the now
oX-presidcnt was able I" take care
of himself In his own proper way
and during that time the gentleman
from Michigan and others who HAY.
seen hit from time To time To hurl
ut his dofsnsclcss head these insinua-
,ioas and insults. would not have
dared To- use such language.
There are ,hosc now who gather
about him TO Wow his misfortune
with satisfaction. to hurl their de-
nunciatious a; him in his dctcnselcss
condition
Chairman FordnCy said the resolu-
zion. which goes now to the Senate.
would be passed speedily and sent
TO the President
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-05-11
DcnN Hnbcns Cornns Wits
FARMING OUT Rail.
WORK UNLAWFUL


values and visited grea; inconveni.
"ncc and suffering upon millions o:
people. Congress endeavo-.d to pro-
vide meihoi OF adjustment for
:ni'way 'sSor disputes IN III. trans
ro-. zion act a. 7-ovid.nc :or an-
fsT"nces t.'wecn employees ana sm.
p!oye-s when the ae; sPeaks Q:
employees j: uud7Yl;eGly eo.tein.
plates those engaged In ,Ae custom.
cry wo-k II operating the railroads
= s'-''s - ~ employees O: Is
eoa;!4c;cr OF r -7nt-ac,cr-ax.r- O.,
= carrier would * eG=c,ually -eslt;
n ,5= Interruption q tan IS q.
- -1+- Ftr@ ne direct en2!7yes o..
IT, carrier
ne ao&-d pointed ~; ,ha. he
i-...c ~a1!4 = deprived Of p-9tec.
ro7 asasrs: s:r-:=s 8: employees d.
| --1'rz-'o- wee ~; ;lzcad -rte-
- tta-1 :g-tst!ctic- az ~e'. -
-raa Sd railroad employs
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-05-11
Northcliffe Explains
Feud With Government
tBy United News1

LONDON. May lc.-'rhe bitter
political feud between Lord
NorthCline. British publisher. and
the British government. which
has reached such pitch that il
has given rise to questions In the
House Of Commons, IS ascrIbed by
tho publisher ~ his refusal t.
join Lloyd Georges cabinet dur
ing the war NOrthCliffc told tn.
Premier at tina. ;ime. lie said.
that there was greater oppor-
tun!:y 10 do good unfcttered by
political ties"
This was tho explanation given
by the publisher at luncheon
rendered by the Emnire Press
Union Nor:hclifte = oG ontv
Incidentally 20 his latest con;rr
vcrsy with the Premier Over
Genoa policies.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-05-11
LADY ASTOR FINDS
REST DIFFICULT
WITH HOME FOLKS

Continued From First Page,
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-05-11

hes; to comply with tac conditions
OF the commissions note OF March
u. II is OF The opinion. however.
that some OF the conditions are in
capable Of fulfillrrcnt. but realizes
on the commissions offer in its let
ter az April 81. to examine any prac-
:!Cable suggestion which may bc put
forward by the German government
:or meeting the difficulties in which
i; is placed.
The German government expresses
regret that owing TO the prolonged
absence Of several Of its members at
Genoa. Il has not been possible 10
observe some OF the time limits laid
down hy ,hc not" OF March ~. and
requests that reasonable extension
"i these limits DC granted by the
commission.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-05-11
McADAMS ATTACKS
SOLDIERS BONUS


BONG. !egis.at!oa. arG II oTp0sinr
e.! attempts 20 g.va political com
p.eI.on u the FEDERAL Reserve
Boa-1
7, "as a.so Urged tina; aanHy and
bankers Hegotia,ins foreign loans
should comply IN every instance
with the request OF the Secretary
Of State that IL be notified o. such
negotiations oatore the year closed
The commission viii support Efforts
OF tho governments and respors!-
BILE commercial Lodics 10 bring about
wider adherence" TO tho principle of
employment OF arbitration in settle
ment OF commercial settlements.
Tho committee also voiced support
fthc efforts OF the state Depart.
men, to have American interests
Civ" proper recognition ana treat
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-05-11

A genuine Simmons
Bed with Pinch con-
tinuous posts, ) filters
head and foot--dou-
BILE or single size. Ten
only at this low price.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-05-11
POLICE ROUND UP
80 LABOR HEADS
IN CHICAGO RIOT

lContLnned Erom FLrst rnrc-4
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-05-11
REPUBLICAN FLING
AT WILSON HOTLY
RESENTED IN HOUSE
Continued From First Page)

SContlnuod From First PaEe.)
chairman was asked III you have
any school teachers up there"
None who received their cduca-
ton in Virginia." Mr.. Fordney shout
ed
The gentleman says that Il school
teacher Is not much of n man ou.-
side OF his own job" said Representa-
i've Lowry. Democrat. Mississippi. and
Mr.. Fordney instantly broke i'm.
Not unless he has consiacrabI.
training in some other line" tho
CHAIRMAN declared. Take him direct
from school L" the White House ami
ne is II glorious misii;. But as "A
political boss he worked well for a
while, but he finally ovcrstcppcd him
scir. Let me say that in that cunnc2-
tioh III 1929 | made this statcmcnt--
that the then President was going 20
change his boarding house on the ~
day OF March, and he did saiI
we would say TO him what have
heard sung at the close Of Il school
! attended down in the backwootis:
Good by scholars. good by school
G"od-by teacher, YOU darncd old
fool"
The Republican side rocked with
laughter.
RcScnts Insult to Wilson
Declaring that he resented" the
Insult to Mr. Wilson. Representative
Connaliy. Democrat. Texas, who re-
piled to the attack" told the House.
MIR. Mr.. Fordney would eliminate. his
statement from the Congrcssioua,
record
The gentleman from Michigan. as
IL usually the case when he Id-
dresses the House" said Mr. Couna!-
ly. embraced the first opportunity n.
had To indulge in the same kind Of
coarse. livery stable conversation
about tho cx- President OF the United
States. AIR. Woodrow Wilson
"Ot course, it does not take any
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-05-11

Continued From First pagc)
II W. can set tho support of the
people 81 this city, believe W. can
crush this menace. have. there
fore, ordered the detention OF every
one who may have any information
OF the workings OF labor attacks. F."
Deny Hnbcns Corpus W'ri,s.
Lat in the day efforts were made
to obtain 'he freedom az several o.:
those held on writs of haheas cor
pus. Among those whose release was
sought were Madero. Murphy. shea.
Thomas MS.oy Al Johnson Thomas
Reynolds and Frank Clifford. After
consulting with the police. Judge
Seaman denied the requests and
made tho writs returnatls tomorrow
Among those Were fifteen or twenty
women
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-05-11

great heip. There i a 10, OF rsdtcui
Gus dignity III The world. 1; is a dir
MY OF soul and purpose that We
want. We women have got To lear,
lot from the men. We need their
sanity in dress. Civilization js
something bigger than dress am
longing 10 raise the women Of our
country 10 fight for things that are
riEht. We have got TO have the spiri,
OF Christ before we can help an,.
BODY or anything. That spiri, Is bn-
ms observed in q lot Of iugutrious
ness. When read tho Bible 7 SCI
where JOY comes In and abov,ds
There Is no JOY without service
selfish narrow, bitter hear, IS =
thing of r'ty-it YOU don't d.
Lord A,tor speaks.
- N'Eror-t Astor spoke hrseag ~
"t-.d ecndi;.o-s today and ,5.4 r.
ne s2~s-inE IN; s:a-ya,ioa j. ~.
-o7e He declared III. ale. IA,
t-'s.s se-@to:ore =z,.oa sxzy4t
sE -tt--s --.'lr ~.-.s = 60 -
80 Ti --r-c-.- .-e3-i.s an -..s
1a- Ssst-t = -t:e-a :, .-s.~s- es-.
':. J
-=<s 49, = -:--.t: IL ,...s, -.
J. -=s: - -. ~
@ = v-s-s.: = ;asy -
80 +-:; c--- AFFAIR."
go go =. age yc--
r
>e, It -ni--4or.
>'r- -.atE Att-. az r-. :.
80 g1ss.. liz ne a5-A
.: ~ W--is- 2 H&.si= ...: ~
90 t-z.s55--e home Thei- .e1,
i'-p!.1 s;pezraaee vii! te a: vel.
core 20 % rendered them in N.
M2!Htire Afnphi,n.ater z, the un!-
Yers.ly Of Virss+,ia'a- noon Friday.
President Alderman viii welcome
the visitors, who VIII make reply.
q reception at the Colonnadc Club.
which was planned for the party.
mas been Cancelled because Lady AS
Tor finds herself compelled to rest
~ GREENWOOD as much as possible
after her strenuous experiences since
arriving in this country. She and
hcr husband Will leave here Sa,ur.
day for Chicago, where they viii be
guests az llncheon and where
Lady Aston VIII address tho illinois
League v Women voters Monday
afternoon
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1922-06-10
Scouts Probe Ida.
Local Wholesale Prices.

EFrs-Strictly fresh, selected. Per doz-.
1s; average receipts. as; southern. -
Live pouitry-Roostsrs. per ID. 10:
turkeys, per ID. $3.50; spring chickens.
fowls. ~.
preesed pouitry-rresh-k KILLED winter
chickens. per H., 5000: hens. per ID.
30; roostsrs. per H., 10; turksys Per III.
Is q 20: keats. Young. esch. 60.
LIvestock-Caives., choice. Per ID, II,
lambs, choice. per H.. it0fs: live hogs.
per h.. IL.
ors~n fruit--Appiss. pr Dbl, 5000
500; per bu. basket. 1oo0tfs; western,
Yer bon, 3.1g0t.1s. California oranges.
Der crate. 10000. Lemons. per box.
ssoeI.oo. orspefruit, per bog. see o
400. Florida orahges. 7.so0s.se. Straw
berries. southern. SOS: Homegrown.
,vegetabies-Potstoe No. 3. per Dbl.
f.Be6afB; per sack. s.e003bo. New
potatoes. per Dbl. No. 500 9s.oe: No.
S.oo9s:bo. Lettuce. southern per crate.
SOC b 100. Rornains lettuce. Loe0i.sG
cymbiings, per crate. 1.oo01.So. Onions.
cwt.. 7s61.oo. Cucumbers. i.oo03Be.
toes; per bog. Fiorid.. asoSsoo. Deans.
t.ee0i.oo per basket Pess. -asoQAes.
psppera per crate iSoosss. kalss
ke9l.oe Aspsresus. per .dos.. SoaoS.
spinseh. per Dbl. sooot leo.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1922-06-10
U. s. IN NEED OF RADIO
OPERATORS IN HONOLULU

II you'd like to be q radio opera.
tor In the lighthouse service, sta
toned at Honolulu, near the sound
ing waves Of Waikiki, the Civil
Service Commission offers you q
chance in examinations to be held
In the near future. The salary Il
only $3.50 a year. but the climates
great.
Other posts for which tests win
be held. and to most Of which q
$40 o month bonus 10 attached, In.
clude instrument maker. Coast and
Geodetic Survey. s1,4o0 q year;
Naval Observatory, $6.sS per diem;
office Of the Secretary Of Agrtcul.
ture, $1,000 q year; Bureau of Stan.
dards. Department OF Commerce.
5000 to $1,000 q year; Weather Blu
reau, $1,000 and $40 q year:
supervising instrument maker,
Weather Bureau, $3.50 q year: II.
Illustrations assistant, Forest Prod
ucts Laboratory, Madison, Wis,
1900 to $2,ioo a year. and assistant
marketing specialist fruits and
vegetabies,, Bureau Of Markets and
Crop Estimates. Department OF Az.
ficuiture, $500 to s2.7s0 o year.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1922-06-10
PACIFIC FLEET ORDERED TO
PRACTICE At PUGET SOUND

Puget. Sound viii be the rendezvous
Of the Pacific fleet during July and
August. according to 4 schedule ap.
proved by the Navy Department TO.
day. ~.
The movement north win start on
June 81 from San Diego. The. battle.
ships, including Admiral Eberie's
flagship. the California, and dc.
stroysr divisions -. IS ana 80 all
will move UP the coast, arriving At
different ports IN the Northwest on
June I. Most Of the battleships, will
proceed to Port Angeles md base
there for tactical and gunnsry exer.
cises, ship and gun drills and recrea.
tion and liberty until July 20. ~.
From July ~ until August I some
Of the battleships will be at Tacoma
ana Seattle. while division 9 will he
st Beliinghavn. Visits 70 Various
ports and different sxsrcisss are
scheduled for August. And most Of
the ships win return south by Sep.
TENDER I. ~ IS Z
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1922-06-10
OHIO RADIO FANS GET
WARNING ABOUT WIRES

TOLEDO. June 1o.--Amateur radio
fans have been warned by officials
Of the Ohio State Telephone Com.
psny and Toledo Edison Company
against using their poles for the
stringins Of wires for their aerials.
Recent deaths in other cities re-
sulting from wires coming in contact
with charged wires have resulted in
officikis Of both companies instruct
ing linenen to remove all antennae
found attached to telephone poles.
I'VE are not trying to discourage
the radio fans" said Fred Derge, of
the Edison Company. but we want
to protect them from some Of the
high tension wires Of which they
have no knowledge"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1922-06-10

"Approximately 20 per cent Of the
total money In the business II In.
volved In financing time payment
sales. ci.h
This IL q much larger proper.
ton Of the total involved In the
whole business than In absorbed by
time sales In any other line OF re-
failing and in every respect the
problem 10 different and more DIFF
ficuit TO cover thoroughly. A large
number OF these sales represent
trades involving the Acceptance OF
the used car to complete the trans
action on the new car. The trans
action involves Q loan on the orig.
inal car--a mortgage on the unpaid
portion of the new car--and the
sale of the used car which in the
majority Of cases again carries q
mortgage on the unpaid balance.
From this consideration Of the total
volume involved In the financing
OF time payment sales. II II imme.
diateiy evident that the retailer
cannot be expected to do this financ'
Ing In the way that such matters
are being handled in other retail
fields. w..
The depreciation between the
price Of new car and the price Of a
second hand car introduces a larger
element of risk in connection with
this time payment method Of sales.
ana makes the financing more bur-
dsnsonae. Furthermore. this depre.
citation ID complicated by the condi'
ton In which the owner keeps his
car, and the attention he pays TO
its servicing and maintenance.
ITO the banker, therefore, this
presents Q fundamental relative TO
the loan on q motor vehicle and the
specific loan should be based on two
cardinal points to my mind, sale
ability and reliability. Suitability
of the ear-has It q. market? Rel.
ability Of the retailer to whom you
have made the loan.
This problem cannot be met thor.
oughly and the financing OF autono-
bile sales vii be surrounded with
some difficulty until II has been
worked out by whatever means are
necessary to secure thorough co-or.
dination. Fluctuatine prices add to
these difficulties. OF course, because
the value of the vehicle seized for
oh-payment 10 somewhat uncertain;
and the amount to Be spent In its
reconditioninE. and the subsequent
amount to be secured from its sale.
are factors that cannot be deter
mined within narrow limits.
1T ID ut this point therefore that
! feel . concerted action on your
part would hrinE about q great
stabilization Of these difficulties. II
ID not q banking secret that time
payment sales Of automobiles Of the
passenger type have been made
wherein the payments have run nom
fourteen to eighteen months. Again
this same extension OF time has been
accompanied BY thS acceptance OF q
cash or down payment Of but 25 per
cent Of the total delivered selling
price. I therefore submit and recon-.
men to you for your collective and
confederation the policy Of
the allowable discount on time ray.
nnent paper OF ten months duration
and In no particular in excess OF
twelve months. This coupled with q
down payment of 10 per
cent In cash and not q side note or
post dated check"