davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1922-06-15
ARMY AND NAVY
"A ASSIGNMENTS
ARMY ORDERS.
Infantry.

ARMY ORDERS.
Infantry.
Lieut.. Col. John B. Barnes, to
Bonneville. Mo.
Capt. Charles Clement ouigley.
to Fort McPherson, Ga.
Capt. william A. Cunning ham, to
Gainesville. Ga.
Lieut.. Col. John F. Clapham. to
Fort Bliss, Tex.
Capt. Clyde NJ. Shropshire. to
Camp Travis. Tex.
Capt. Walter P. o'Brien, to Camp
Travis, Tex.
Mai. Lester NJ. Wheeler. to Fort
Logan. Colo.
Lieut.. william F. H. Godson. to
Bordentown. N. J.
Lieut.. Leon Schneider. to San
Francisco, Cal.
Capt. Clifford W. Sands. to Dem
yer. Colo.
Medical Corps.
Mai. James A. Bethea, to WASH
ington, D. c.
Maj. Samuel ]. Turnbull. to
Washington, D. c.
Capt. Horace T. Doust, to Wash
ington. D. C.
Capt. Ivy A. Pelzman. to Balti-
more. Md.
Capt. Bernard L. Jarman. TO sos-
ton, Mass.
Capt. william c. Russell. TO
Washington. D. C.
Maj. Paul L. Freeman. to Edge
wood. Nd.
Maj. John C. Insold. to New
York. n. Y.
Capt. Hugh W. Mathon. to wasu-
ington, d. C.
Maj. Frank S. Matlack. to wasn-
ington, D. c.
Capt. Stanley @. odom. to Fort
Mcpherson. Ga.
Lieut.. John W. Cleare, to Cover
nors Island, n. Y.
ARTILLERY.
Lieut.. Col. william H. Peek, &c
Fort McPherson. Ga.
Corps Of Engineers.
Capt. James NJ. Young. to Panama
Canal Zone.
Signal Corps.
Capt. Lee G. Carson, to Washing
ton, D. c.
NAVY ORDERS.
orders issued to officers under
date of June IL. 1922:
Capt. John V. Klemann. to conn
(. o. U. S. 8. Pittsburgh and in COM
mand when commissioned.
Lieut.. Comdr. Wallace l.. Lind, to
Lieut.. 'Comdr. Tracy L. McCauley
to U. S. S. Paul Jones.
Lieut.. Comdr. Henry G. Shonerd
to U. S. S. Zeilin.
Lieut.. William H. Farrell. to U
S. S. Paul Hamilton.
Lieut.. Evan G. Hanson. to U. s
S. Charleston.
Lieut.. Charles K. Osborne, to U
S. S. Reno.
Lieut.. Forrest P. Sherman, to tenn.
porary duty Naval Air station
Pensacola, Fla.
Lieut.. Arthur F. Anderson, to U
S. s. Melville.
Lieut.. Harley E. Barrows, to u
S. S. Prairie.
Lieut.. Norman E. Miller, to U
S. S. Melville.
Lieut.. Ernest II. Won Heimburg
to U. s. S. Kennedy.
Lieut.. Arthur wrightson, to U. S
s. Melville.
Ensign Edgar L. Adams, to U. S
S. Prairie.
Ensign Albert S. Arkush. to U. S
S. Wood.
Ensign Victor F. Blakeslee, tc
duty Destroyer Squadrons Atlantic
Fleet.
Ensign George F. Burdick. tc
temporary duty Naval Air Station
Pensacola. Fla.
Ensign Thomas s. Combs. tc
temporary duty Naval Air Station
Pensacola. Fla.
Ensign John A. Dillon. to tempo.
rary duty Naval Air Station. Pensa.
cola, Fla.
Ensign James H. Doyle. to tenn.
porary duty Naval Air Station, Pen.
sacola. Fla.
Ensign Harold F. Flick, to TEN.
porary duty Naval Air Station, Pen.
sacola. Fla.
Ensign Cato D Glover, to tempo
rary duty Naval Air Station, Pen
sacola. Fla.
Ensign Darrourh s. Gurney, to
temporary duty Naval Air Station
Fla.
Ensign Archibald o. Harrington
to temporary duty. Pensacola. Fla
Ensign Drayton Harrison. to tenn
porary duty Naval Air Station. Pen
sacola. Fla.
Ensign Douglass p. Johnson. to
temporary duty Naval Air Station
Pensacola, Fla.
Ensign John d. Lyon, to tempo
The Washington herald., 1922-06-15

Mr.. and Mrs. H. H. Moore, of New
York. are spending the week at
Wardman Park Hotel.
The Washington herald., 1922-06-15

Mr.. and Mrs. Edwin S. Fuller will
go to Atlantic City the last of this
month where they will spend the
summer.
The Washington herald., 1922-06-15

Mrs. Horace Towner. wife of Rep
resentative Towner. who is chairman
of the Insular Affairs Committee of
the House Of RepI esentatives. will
entertain at tea Sunday in compli-
nent to the women in Washington
with the Philippine parliamentary
commission The other guests will
ne the wives Of the members of the
lnsular Affairs Committee of the
Eouse and OF the territory and in
sular possessions committee of the
Senate and the wives of the resident
commissioners of the PHILIPPINES, Felix
Cardova Davila. Jaime c. DeVeyra
and Isauro Gabaldon. The Filipino
Commission arrived in Washington
Tuesday and all the members are
staying at Wardman Park Hotel.
Mrs Hugh S Cummings. wife of
Gen Cummings. entertained at a tea
Tuesday afternoon. Among her
guests was Mrs. Rawson. wife of Sem
ator Rswson
The Washington herald., 1922-06-15

Overseas writers will celebrate
the hrst anniversary of its founda-
tion with a luncheon at the Shore
ham on Thursday, June %. The
special guest OF honor will be the
Secretary Of State In addition to
Secretary Hughes the club will en-
tertain Edwin Price Bell. chief of
the foreign service Of the Chicago
Daily News apd the dean of Ameri-
can newspaper men in London.
The Washington herald., 1922-06-15

Col and Mrs. Frank L. Wells will
leave here about August l for Co.
lumbus Barracks. where they will
remain indefinitely
The Washington herald., 1922-06-15

Mrs. H. Prescott Galley entertained
Informally at bridge yesterday after
noon at Chevy Chase Club.
The Washington herald., 1922-06-15

SUMMER.
George Frederick Collin. secretary
of the Norwegian Legation. will
sail for Norway about July 1. where
he has been assigned to the foreign
off1ce of his government.
Cadet Allan Dawson arrived yes
terday to spend a few days with his
mother, Mrs. Charles Philippe
Soyez, before sailing on Saturday
for Europe aboard the Majestic.
While abroad he will visit the Bra
lillian minister in Berlin, A. Guerra
Duval.
The Washington herald., 1922-06-15
MISS O'GORMAN WEEDS
JOSEPH 9. STANLEY.

The marriage of Miss Agnes
OGorman, daughter of former Sem
ator and Mrs. James A. O'Gorman.
to Joseph Sangord Stanley. of
Newark. N. J.. took place yesterday
in the chapel of the Church of
Notre Dame, Morningside drive.
New York.
Miss OGorman made her debut
in society in this city while her
father was In the Senate and has
been very popular In society, both
here and in New York.
The Washington herald., 1922-06-15
MErRoPoLITAN-~FooIs Fir.,.-
PALACE-EIliott Dexter In .Grans
Larceny"

Two productions will be revealed
at Loew's Palace next week. The
The Washington herald., 1922-06-15

The officers stationed at QUANTITIES
will give the last dance of the SEN
son there tomorrow night.
The Washington herald., 1922-06-15

day and are all staying at Ward
man Park Hotel
The Washington herald., 1922-06-15

Col. Jack Hayes has left Wash
ington for an extended trip. Mrs.
Hayes Is remaining in Washington
and is at the Octavia.
Evening star., 1922-12-30
market value of the securities will
reflect that fact sooner or later.
Profits Greater I'm 1929

market value of the securities will
reflect that fact sooner or later.
Profits Greater I'm 1929
There is every indication, however,
that business profits will be increased
in 1923 more than they have been this
year. Margins tof profits have in
creased with the advance in COM
modify prices. Buying power has In
creased with wages. which have shot
upward faster than the cost Of liv-
being misused. The demand in nearly
every section centers around useful
goods, but buying is featured by in
qutry for better quality and larger
volume.
In many lines producers now have
orders on their books which will in
sure continued and profitable opera
tions near capacity for months to
come. Supply and demand rather
than artificial imitation Of prices or
speculation have determined the busi-
ness trend this year and bid fair to
continue to do so in 1898.
Some Industries in Danger.
Some industries are bound to lag
behind the general trend. Business
failures will not be eliminated, for
profits will depend more than ever
on volume Of turnover and efficient
management. Seasonal and sectional
conditions will cause recessions in
the price advance from time to time
and sooner or later the pendulum Of
business will start to swing back
ward.
But business and banking condi-
tions generally are on a sound basis.
Old debts have been cleaned up,
strong lines Of credit have been es-
tablished and savings are piling up
at a record rate. Business fe un-
afraid and is equipped to face 1928
.,r,iri.t
Evening star., 1922-12-30
RAILWAY ACCIDENTS DUE
TO MALICIOUS TAMPERING

Inquiry into three recent railway
accidents. which took place at widely
separated points. disclosed that AL
three were due TO malicious tamper-
ing with railroad switches. according
to reports filed yesterday with the
Interstate Commerce Commission by
its safety inspectors.
A derailmcnt on the Atchison, To
peka and Santa Fe at Landco. Calf
resulting IN the death OF two EN-
ployes and q mail clerk and injury 20
thirteen others, the inspectors found.
was caused by a svi.ch having been
opened with malicious intent. while
a freight train derailed on the Great
Northern at Andover, MINI, was
ditched by a similar cause.
Tho wreck November "a on the
Texas and Pacific railway at Macks.
Tex. in which one person was killed
and thirty-one injured. was caused.
the inspectors declared. by a dis
charged negro track laborer, who de-
opened the switch. expect
ing. the inspectors said. to wreck n
freight train and rob broken cars OF
the merchandise contents.
Evening star., 1922-12-30
COAL NATURALIZATION
PLANNED BY MINERS
Fact-Finding Committee Declared
to Have Fixed Upon Four and
Half Billion as Cost.

new YORK, December 30.-A plan
for Naturalization of all coal mines
in the United States. prepared by a
fact-fnding committee of the United
Mine wokers of America. was made
public last night before the League
for Industrial Democracy. by c. ].
Golden of Shamokin, Pa. president of
District No. 8, United Mine Workers
Of America
The plan contemplated purchase Of the
mines. both anthracite and bituninous,
at a total cost to the government Of ST.
soc. 900 900 This figure was based
upon a present estimated private in
vestment of between one and a half
and two billion dollars in soft coal
properties plus approximately ',n two
To bring about such federal owner
ship, the fact-findins committee
would. according to Mr. Golden. re-
commend an inter state commission
Of mines, at the head of which would
bo a secretary Of mines, with a seat
in the cabinet.
Appointments to this commission
would be made b. the president. and
by professional and Industrial associ-
ations. Its duties would include
scientific determination of costs Of
production, the fixing OF prices to the
consumer, the negotiation Of freight
rates. distribution OF the product of
the mines. and the accumulation Of
facts concerning every phase Of the
industry.
Administration and operation would
be delegated TO national mining
council composed OF a financial group,
a Technical group, group to include
administrative officials OF the in
Il, Ia ~
miners and consumers. All would be
appointed by tho interstate commits
sion.
The plan as outlined frankly con-
labor party to assure its successful
operation. 1t would. said Mr.. Golden,
be essential in bringing political in
fluence to bear on the governmental
commissions toward protecting the
interests of the miners.
The miners designate the proposed
program the American plan"
Evening star., 1922-12-30
FINANCIAL CRISIS
/. LOOMS IN JAPAN
Department of Commerce In
formed Situation Is mot
Encouraging"
YEARS LOSSES SEVERE
Commercial Attache Calls Condi-
= ton Of Many Banks Dis
quieting..
YEARS LOSSES SEVERE

The year end Is emphasizing the
financial problems in Japan which
have characterized the last few
months. the Department Of Commerce
was advised today by Commercial At
tache Abbott. who declared that even
greater financial problems were pre-
saged. Mr.. Abbott described the sit
uatioD as mot encouraging and re-
ported that the cumulative losses
were weighing heavily on the money
market.
The condition Of several banks con-
.inues to be disquieting. Mr.. Abbott
ency toward amalgamation of small
es banking Institutions showed the
EFFORTS being made by individual
banks to avoid difficulties. Some OF
the banks. according to tho cable
gram, sti!l appear to carry uncollect-
oends on potential earnings, thus In
creasing the artificial conditions
which make for instability Of the
financial situation"
business L. Handieapped.
"A large number of business :ns.:-
tutions," AIr. Abbotts repor. said,
are seriously Handicapped by their
past losses. which have been carried
forward until. in many cases, they
amount to more than three-fourths Of
the paid-in capital. Although II
seems anomalous for such companies
to continue IN business and pay divi-
oends. they remain a part OF the jap
enese business world because. possi-
bly,. Japanese banks are unwilling TO
take the heavy losses involved in
foreclosure. Even raany well estab-
ltshed concerns find their profits and
their credit facilities din!nishing.'
MI. Abbott Tas not optimistic abou.
Japaas ability to overcome the s!tua-
tton Immediately because OF local in
fuencing conditions. He mentioned
the extremely nigh production costs
prevalent in Japan as threatening the
country'o ability to compete success
fully with America and Europe In
"war-won markets" Even in the do
nestic market, he said, there Is strong
competition except where highly pro-
tective tariffs or subsidies GiTe q
strength to the home industries.
Strikes ON Increase.
Unrest and strikes increased during
November. according to the cable
gram, which predicted that union
strength in Japan would assert itself
in the future because Of the gradual
consolidation OF the various small
unions into single large organiza-
tioE. The uneasiness of the agricul-
tural workers is causing concern to
the economists, the attache said,
Japan's total foreign trade for No
venbcr amounted to 25S.00O.0O0 yen,
OF which l3s.0o0.0oo represented ea-
ports. and the total trade for the
month marked a new low point for
the current year. Exports for No
vember were approximately 10000, 900
yen below October
Evening star., 1922-12-30
STOCKS AND BONDS
GAIN DURING WEEK
Moderate Improvement in
Spite of Heavy Selling.
Money Goes Higher.
RAIL REPORTS BETTER
Cotton Prices at New Tops for
Year-Trend in Steel
Upward.
RAIL REPORTS BETTER
b. the associated Press.

b. the Associated Press.
NEW YORK, December 3o.--S,ock
and bond pr;e@s showed moderate i'm
provement this week despite heavy
volume OF selling to establish losses
for income tax purposes. Foreign
exchanges were inclined to ease. first
on the decision Of the reparations
commission declaring Germany In de-
fault on her wood deliveries and then
on the hitch over the disposition Of
thes Mosul oil fields in the Lausanne
peace negotiations. but net losses
were comparatively. small.
Publication OF November earnings
statements of the principal railroads.
which compare favorably with those
OF November, 1921. stimulated trading
in railroad shares. buying Of which
was also Influenced by the record
breaking, volume of traffic for this
with the steel industry working be-
tween so and s. per cent Of normal
capacity and the trend OF prices up
ward. Building construction shows
no sign OF abatement and orders for
automobile forgings give promise OF
industry.
New Highs i'm Cotton.
Cotton prices reached new high
records for the year. early spring
months selling around 81 cents a
pound, as compared with is cents
only few months ago. Wheat prices
were inclined to sag. December prices
getting below S1.2i a bushel.
An increase in the price of "yom-
ing crude oil and additional In
creases In the prices OF rubber tires
and tubes attracted attention IN the
financial markets and were reelected
in higher stock prices. Motor and
accessory shares We're inclined TO
strengthen In expectation of good
business at the winter shows, which
start mex, month. Studebaker, which
sold ex-dividend c5 per cent in stock
Yesterday and closed at 114's, as
agaius. 1895 the previous day. really
registered a net gain Of more than
5 points.
Call Money Higher.
Higher call money rates at the end
of the week were due to the with
drawal Of s.o.Ooo.Ooo by the United
States government from local banks
and a large volume OF Withdrawals
by private banks and institutions to
meet year-end dividend and interest
requirements. Time money and COM
mercial paper rates held steady, with
the volume of business light.
Evening star., 1922-12-30
RECORD YULE TRADE.
Government Estimates Holida,
Sales Heaviest in Years.

Although lacking definite hsures
Department OF Commerce officials as
'sert that the Christmas buying this
year was exceptionally large" De-
partr1ent and other stores have re-
ported sales among the largest :r
many years.
Mall order sales, It Is stated, were
the largest on record. Wholesalers
reported several months ago-the
season OF buying by the stores-that
they had received unusually heavy
calls.
The situation brought about by the
heavy Christmas buying was believed
to presage an early resumption OF
wholesale selling to refill the shelves
emptied by the holiday trade. It may
adjustment Of prices to new levels.
but, without the figures on which to
base calculations, none caro- to haz-
ard a guess as to the trend.
Evening star., 1922-12-30
FINANCIAL SITUATION
IN AUSTRIA FORB|DD|NG
Failure of Internal and Foreign
Loans and Menacing Attitude of
Czechoslovakia Factors.
By the Associated Press.


VIENNA, December 30.-The financial
situation in Austria again bears a
gloomy aspect because OF the lack OF
success in raising an immediate In
ternal loan and the failure Of U. A.
venal, representative OF the supreme
economic council. to place loan Of
$1s.o0o.0oo abroad.
Meanwhile the proposed visit OF
'Ignaz Seipel, the chancellor. to Buda-
pest has increased the ill-humor in
Czechoslovakia, which in consequence
Of the chancellor's appeal to the
league Of nations to use its influence
to have the lost states adhere to the
provisions Of the Porto Rosa agree
ment and conclude commercial agree
ments with Austria. has closed its
frontier against Austrian exports.
These factors, coupled with the
refusal Of NJ. Jansen. the Belgian
banker. to accept the vice presidency
OF the Australian National Bank. are
interpreted as a bad omen and are
causing renewed pess!mism and the
belief that the Geneva plan for flnsn-
Gill aid is doomed to failure. The
situation also is cadsing a revival Of
reports in government circles that the
present bank notes will be exchanged
at a heavy discount for notes\of the
new Austrian National Bank, which,
1t Is asserted, would be tantamount to
declaration Of national bankruptcy.
Evening star., 1922-12-30
FEWER FAILURES.

NEW YORK, December 30.-With q
holiday Intervening the number OF
commercial failures for. the current
week were six less than last week
whom 413 were reported to r. G. Dun
& Co. In the similar five-day week
last year there were AT defaults: The
east showed an increase in failures
this week, but this was Offset by de-
clines in other sections.
Only 54.7 per cent Of the total num-
ber Of failures had individual liza.
bilities Of $1,000 or more, compared
with 56.4 per cent last week and 55.l
per cent last year.
Evening star., 1922-12-30
Why She Noticed It.
rom the Pittsburgh Sun.

From the Pittsburgh Sun.
Little Leila. who has to pass a glue
factory on her way to school. re-
belled on account OF the disagreeab.c
odor.
IT wouldn't mind It 50 much
mamma" she demonstrated, 'sf had
been born With deaf and dumb
nose"
Evening star., 1922-12-30

We hope the fact-nnding commits
sion on coal will deem slate within
t.. rurriew.-Eoaton Herald.
Evening star., 1922-12-30

yMveQtme0I F0A1l0u3 S0au80
One Of the most interesting devel-
opr,ents of the year may be found in
the changing fashions in investments.
For many years there were only two
classes Of bonds in which there was
any wide distribution-railroa and
indus.rials Under the head Of indus
trials. public utilities were included
Railroad Issues. however. were re-
garded as entitled 70 at least 80 per
interest in ran bonds and railroad
financing and railroad offerings were
prominent topics all through the past
twelve months
Il was not rail issues, nevertheless.
that made the greatest advances. nor
was it industrials. but rather tie
utilities. Part Of the favor shown to
the utilities was due to fundamental
causes and part 70 the fact that dur.
ing the war ana postwar period Of
high costs. utility bonds had been de-
pressed out Of proportion to other
oecufitiea There was q complete re-
versai both in opinion and III Guota-
ton. during 1922. With the c:.cer-
Evening star., 1922-12-30

Within the year 1892 many OF tho
corporations and companies whose
securities are traded in on the curb
market have piled up tremendous
cash surpluses and have adopted the
plan which has been common tn re-
cent months Of distributing these
eurpluses In the shape Of stock divi-
dends to present shareholders opin-
ions vary as to tho main reason for
the adoption Of these measures, but
It is GenA'alI. explained that suca
The New York herald., 1922-12-03
Justice Benedict Says Firm
Knew of Others InsOk-
vency in 1920.
HELP CALLED UNETHICAL
Individual Members Of Both
Houses Cited in Ruling for
Pennsylvania Man.

Suits for nearly s4,oO0,00o probably
will be started soon by creditors of
the bankrupt brokerage firm Of Chand-
Ter Bros. & Co. as a result Of de-
cision yesterday by Justice Russell
Benedict in the Supreme Court in
Brooklyn that the individual members
OF the Chandler firm and the mem
bers of Clark, Childs & Co. are respon-
sible for claims against the Chandler
firm.
the trial OF suit against the MEM
bers of both houses by DR.. John A.
Kilmore OF Mechanicsburg. Pa, who
sought to recover $500 and interest
for losses as a customer of Chandler
Bros. & Co, which failed in 1921, after
Clark, Childs & Co. had attempted to
reorganize 1t.
Justice Benedict held that tho in
solvency of Chandler Bros & Co. was
admitted to Clark, Childs & Co. in De-
cember, 1920, when the latter demanded
81 $500, 600 addition margin while 1t was
taking hold OF the affairs of the Chand-
Ter company. The Justice said
I'VE cannot say that the conduct OF
Clark, Childs & Co. In dealing as they
did was merely that OF business friends
of long standing. who. on finding their
business associates. Chandler Bros. &
Co. had gotten into financial difficul-
ties, were anxious to help their business
acquaintances and friends out of an
embarrassing business situation by hold
ing out a helping hand in the time OF
need
1T was far more significant and
subtle in that there was an illegal and
unethical bolstering up Of business as
sociates who were known to them at the
time to be hopelessly insolvent and to
enable them to continue to defraud their
customers, from whom indirectly Clark,
Childs & co. were receiving large
amounts in commissions"
Judge Benedict found that Clark
Chids & CO. had no right to allow
Chandler Bros &c Co. to go on In busi-
ness and take customers when Clark
Childs & Co knew, as l find they vel
knew. that Chandler Bros. & Co. were
short in millions of dollars in stock tc
their customers"
An appeal will be taken
The New York herald., 1922-12-03
MARTIN CONBOY GIVES
CATHOLIC CLUB A BOOST
Thanksgiving Affair Most
Brilliant in History.

Under the presidency OF Martin Con-
hoy tho Catholic Club. at 12o Central
Park South. has greatly broadened and
vitaIized its social activities. The new
president has given to the affairs OF the
club the Same sort of alert, concen-
trated attention that he displayed as
director of the selective service act in
this city.
The Thanksgiving eve and Thanks
giving Day social affairs of the club
were the most brilliant in its history.
Others that have been active with
President Conboy in revitalizing the So
oial life of the Catholic Club are Peter
= Maloney, vice president; William p.
kearney and Peter Maloney, Jr
The New York herald., 1922-12-03

drahca Mtonof ofHe what
UllU NeTUIllCdUGS M=
purchased outright the mrn, lille nhHa t to
a
III