davidaulloa/AmericanStories huggingface dataset:
, 1922-03-30

lions for the last sixty years. In
1913, however. ut the cl0se Of . Re-
publican admi~nistS8tion, the lA1De
independent vote m~anifestod ffssaf in
. three-cornered campaign which re-
suited in approximately 3.See.eee
votes for the Republican candidate.
100000 for the Democratic eAAai-
date and 4.10e,00o for the PrQgres-
sive candidate. It u unaaimousiy
agreed that most Of the Roosevelt
Progressive vote, was really Republi-
car in principle, for the Progressive
platform included In its principles
many of the time honored teachings
of the Republican party. Tka total
vote for the Republican and the
Progressive candidates exceeded the
vote for the Democratic candidate.
1t was the independent vote which
went to Roosevelt that resulted in
the election OF Mr.. Wilson.
Although the nation still believed
in the fundamental Reppbliean prin-
ciples when the campaign Of 1915
was fought, the Democrats were clev-
er enough to put mp . plea that ig-
nored partisan political issues. BY
adroitly forcing to the front the plea
that President Wilson kept US out
of war" the Democrats were enabled
to win q considerable portion Of the
Independent vote and continue them
selves in political power. one
has ever had the audacity st6fassert
that Mr.. Wilson could have won on
a straight party issue with the funda-
mental party principles paramount
in the discussions of the campaign.
THE combined votes of the Re-
publican and Progressive candidates
in 1912 exceeded the Democratic
vote in the proportion Of about IN
to s. and that IS probably. sonhe-
where nea the normal ratlo when
the issues are drawn on differences
of political principle. The independ-
emit vote manifested itself again in
1920 when Mr.. Harding won by a
vote Of 100000 against 9.0oo 900
for Mr.. Cox. This was q plurality
OF 1000, 900 votes. which no one with
contend represents the real differ
ence between the Republican and
Democratic strength. The independ-
ent vote. thorouehly dissatisfied with
the un-Aamericanism. the extravag-
ance. the autocracy and the inef-
ficiency Of the Wilson administration,
went overwhelmingly to the Repub-
iican candidate. Many a man who
WAS a believer in the fundame entail
principles Of the Democratic party
and opposed to Republican principles.
voted the Republican ticket as .
protest against the maladministra-
ton Of which Mr.. McAdoo was q
party.
In view OF what the Independent
vote did to MI. McAdoo's party in
1920. there ouxht not to be any
doubt in his mind as to either the
reality or tine magnitude of that por-
tion OF our voting citizenship"
, 1922-03-30

ducts, Already Q o have been
withdrawn and more will be with
drawn in the futare n development
progresses.
Mondell was one Of the leaders in
the fight for the state ~ against the
national idea. and vas. Of eouFne,
bitterly disappointed when the ma
tionalists won out. %nt he was wise
enough to see that q matter Of
policy is n thing and the detail in
working out that policy quite an
other. He is ~res0urceful. adroit and
the embodiment OF courage and ten
acity. Long experience had made
him the master of ali the i~ntricacies
Of parliamentary procedure and prae-
tice which is so necessary to the sue
cessful legislator. When others were
at home building political fences, he
was on the job. In . quarter of a
century OF service in the house, he
has been absent but six legislative
days. a record never appropriated up
to this time by anyone else. and
doubtless one that never will be
west. he knew her problems, worked
on them by day and dreamed of
them by night.
<AAN co vac SASks uCkCAkc0 OL
one field of battle. he sought and
pursued another with that tenacity
which Is one Of his CHIEF character
istics. It was a long fight. 1t was
one which at times . ma Of lesser
fiber would have d6andoned. In the
beginning. the older and more pop
ulous states were against him. When
the Wilson administration came in,
the public lands committee Of the
house was against him. Some OF the
western states which have no coal or
oil deposits and wanted all the pro-
ceed3 from the DEVELOPMENT u the
public domain diverted to other pur-
poses. were against him. But finally
the fight was won. and the provisions
mentioned became . part Of the leas-
ing bill and of the governmental
policy on which itttSfbased.
How much this Will mean to Colo
RADIO, time alone can tell. Up to this
time Wyoming has been the princi-
pal beneficiary. That state received
over $750,00O in one payment. 1t
seems certain that in the very neal
future its revenues from these natur-
al resources will a r for all the
reasonable expenses of the state
government. But Colorado, with her
great coal fields; with the most ex-
tensive oil shale deposits in the
world. which the government figures
as the great oil reserve for the
future, and with her tremendous oil
possibilities now in the course Of de-
velopment, can safely count on these
sources of wealth as perhaps her
greatest resources for the immediate
and more distant future.
This is written - 4 dseerved trib-
ute to an unusual public servant who
is destined to occupy a high place in
the history of the Rocky Mountain
west. and-with NO thought of detract-
ing from the merit of those who
stood with him in the fight. and GER
tainly not from the splendid work
which Colorado's representatives in
both house and senate have done and
are doing tor their state each day.
They would go further than any
others to place the credit where 1t Is
due. 1t IL hat the occasion arose,
and with 1t the man.
, 1922-03-30

0sygsteln eaHseaAs q ea4tss aSGp-
De4 Into CougWatex N week
Centtne1t0 Oh ca. 70 baiA thres
fffftRg seDtie0o In CasDAs.
Lars0de@Oeto LsAher Co. has
contrast I oseat e.eee.eeo fest u. n
from Like Greek Unit Of NeAtesno
Bow nAtton6R forrest.
0ilsetD-New Crhamery -oDsns
Masch 17th.
0asnroekrRiue Diamond Csal Co.
plans TO bAiA large electric power
plant at their goal minea.
Woriand]armers IN this district
to get flat rats Of $500 Per toa for
sugar beets IL 5000 acres are planted.
Over two mlllion dollars was paid
into United States treasury In aal
endar year 1891 as result OF royalties
acerutng from productions OF. oil and
. onS government owned lands+ in
the west,
Rocky Mountain Gas Co. xiysa IS
year franchise to furnish gas to city
of RawItns.
Rawlins oil Geld to have . numbef
OF Rew Operations this year.
Standard Oil reaneries n. Casper
are now running 5000 barrels
daily.
CaSper-Coastrucion started on
$4,000 shop building.
PfodueerS & Rehners to resume
development III Sand Draw field.
Osage-0sage-Upton Oil Co. ship
ping one car of gasoline weekly to
Spokane. Wash.
: Midwest Rehning has two new
producers in Big Muddy field.
t. During February ~ new produc-
J ers ri completed in wyoming
tieldss adding 1885 barrels to daily
production.
Derrick OIL Co., to, drin in Salt
Greek Sod.
Merritt Oil Co. gets producer at
1900 feet in Big Muddy Held.
Laramie-AmeFfcan Legion PLAN
ming to build 100000 community
honse
, Burlington Railroad laying go
pound steel on Casper division.
Gillette - Three shifts of miners
at work oh 50 foot incline ON Dom
key Greek coal mine.
Casper-Construction started ON
two new residences.
State highway board lets five eoA-
tracts for road construction.
I Casper-G4s rates reduced to con-
sur-era from 8 to Is per cent.
Greybuil to vote IN proposed pur-
, 1922-03-30
WYOMING WEEKLY
INDUSTRIAL REVIEW

Casper-Producers & Refiners
corporation planning gasoline alb
sorption plant here with capacity Of
10000 900 feet Of gas daily.
New-York tribune., 1922-05-27
Open. High. Low
Federal Land Bank Bonds

inter 5s May la4l-l93l ..lo4 1O4&. 441
do IS. Nov 194l-1o31 ..10slk 1O4l1 4u
do SIS, May lo3S-1923 100 zoos, 20
do 4l2s. May lo42-1932 100 1OOlt 4s
do rs, May 193a-Ia24 G9H 100 450
do 4ias. Nov lo3S-1523 gAib 100 50
do 4i2s. May 19S7-1a22 9oib 100 5n
do 44s. Nov 1937-l922 99l. 100 90
Joint Stock Land Bank
5s, l951-l93 .1oeN 1927 475
Joint Stock Land Bank
512s, I-1931........lo3ls l05l. 46s
Joint Stock Land Bank
IS. 1930-1e24 ........ 80 100 no
Chicago Joint Stock Land
Bank 5ihs 195l-193l lO4 JOG 40
Chicago Joint Stock Land
Bank IS, l937-l94o... o9X 100I4 4o5
Chicago Joint Stock Land
Bank SIS l05l-193l l1o2 los 462
New-York tribune., 1922-05-27
May Wheat Again
Drops Oh Heavy
Chicago Receipts
But Decline Fails 10 Keep
Down Values for Latter
Months: Market Closes
, Cents Down to Higher

CHICAGO, May &c. Big receipts
here and heavy deliveries on contracts
led to fresh declines to-day in the
price Of May wheat, but failed to keep
down values for later months. The
market closed unsettled at &c net
lower to 1c advance, with May 1861 to
1868. and July 1872 X to 22ts. Corn
finished unchanged TO 1sc higher. Oats
up 1sc to u, and provisions varyi ag
from 7c off to q rise Of 75c.
Rapidly sccumulating stocks Of old
wheat in Chicago, With demand for the
grain seeming to have lost all the urgency
which prevailed early I'm tho week. was
generally accepted NY wheat traders to Gay
as sufficient reason for new sotbacks which
took place in tho price OF May wheat.
Rulls however. successfully contend that
ber. we're al too great discount already
to be responsive to such apparently iran
slent conditions Persistent buying Of july
in small lots for houses with Eesstern con
nectious vas feature throughout much
Of the session and tended to emphas asize
cleavage between the old and the new
crop deliveries
General lessening Of selling pressure In
tho wheat market became evident near
the end of the day. bears showing signs
Of being somewhat nervous over possjhil-
ties Of surprise Developments Deliveries
on May contracts to-day totaled tsS car
loads
Rain likly TO hamper field work gave
comparative frmness to prices OF corn
and oats.
Provisions averaged higher IN line with
hog values.
New-York tribune., 1922-05-27
Business Gaining
In All Directions.
Bankers Are Told
Meyer Tells Ceorgians Tha,
Situation All Over u. S.
Is on Better Basis Than
1t Has Been Since 1915

ATLANTA, May 2e-Business is o.
n better basis throughout the coun
try than it has been since tho out.
break Of the war, Eugene Meyer jr,
managing director Of the War Finance
Corporation. declared to-day in an ad.
dress before the Georgia Bankers As
soc ation.
The country, Mr.. Meyer asserted.
is rapidly getting TO the point wher.
1t VIII be able to do business on
sounder basis than ever before. Bust
ness IS going ahead in all directions.
he maintained, and a gradual steady
Improvement in agricultural. livestock,
general business and banking condi-
tons IS to be expected.
"l do not believe" he said. "in
sentimental optimism or any optimism
not rooted in realities, but I feel that
the business situation all over tho
United States is on better basis than
it has been since 1915, and that the
outlook is one of gradual but steady
Improvement
"A year ago Liberty bonds were on
a per cent basis. They now sell on
a "a per cent basis. That Is one
measure of the changed conditions.
Business is going ahead on a larger
scale in many directions that have been
neglected during the past few years"
Mr. Meyer continued. Extensive build
ing operations are actively under
way in many parts of the country
Railroad construction, which has been
almost entirely suspended since 1918,
is being resumed And all the great
basic industries that are involved in
the building business are going ahead
with a fair degree of activity.
"The banks generally are in better
shape and the bankers, I hope, have
ceased to worry unduly. People are
encouraged and hopeful all over the
country, as they have not been for
long time. The purchasing power Of
the farmer, stockman and cotton grow
er Will not be fully restored this year
and they cannot be expected to go into
that active and optimistic kind of buy
ing which generally accompanies fair
business and prosperous conditions.
They are still in 4 serious condition
Of indebtedness, resulting from losses
on the production of the last two years,
but ! believe they will make more
money this year than they have for
several years.
of we look backward we can readily
see the remarkable progress that has
been made during the past year
New-York tribune., 1922-05-27
Reserve Agent Here Reports
Sales Gain; Wholesale
Trade Less Active; Cloth
ing and Diamonds Lead

Sales by department stores in the
Second, or New York Federal Reserve
District during April were the largest
for any April for which figures are
available, the Reserve agent here an
nounced yesterday April sales we're
2.3 per cent larger than last year, l.6
per cent larger than in April, 1920, and
9 per cent larger than in March of
TINS year. The normal increase from
March to April is less than per cent
The big increase was partly due to
late Easter this year
There were 7 per cent more indi-
vldual transactions reported by stores
keeping such records, than in April,
1921. and the average amount of each
transaction declined Sd per cent, from
S295, in April 1921, to $2,79 in April,
1922
Sales of both mems and women's
readyto-wear clothing" says the Re-
serve agents monthly review, were
substantially larger than last wear.
stores that sell apparel exclusively
reported an increase of more than 8
per cent in total sales. On the other
hand. merchants report that sales of
cotton, woolen and silk piece goods
were somewhat below those of last
year Inns shit IN sales appears to
indicate that many women who made
their own clothing during the period
of highest prices Of ready made cloth
ing arc now purchasing finished gar
ments more freely. Sales of house
furnishings, especially furniture and
rugs, are considerably larger than
those of last year.
New York stores showed the largest
increase in sales during April, and this
was sufficient to Offset decreases re-
ported in other cities.
Stocks held on May / by the re-
porting stores. at the selling price,
amounted to S110,171 900, an increase
Of nearly per cent over those held
on the same date last year. When
price changes are taken into con-
sideraton it is evident that the phy,i-
cal volume of merchandise carried by
the stores is considerably larger than
that held last spring. The ratio Of
stock TO sales, however, remains lower
than in 1920. In that year the amount
of stocks carried by the department
stores was, on the average. equivalent
to four times the monthly sales, or
to put it another way. stock turned
over at the rate of three times a year.
In 1921, on the other hand, the amount
OF stock carried averaged only 31a
times the value of monthly sales, or
the stock turned over at the rate Of
3,6 times year. The difference be-
New-York tribune., 1922-05-27
Petitions I'm Sankruptrv

The following petitions in bankruptcy
T Mere meg yesterday in the United States
1sIDoRE Observation-Disclosures IS
COBRIN1K oTHERs-Envoluntary
grocers 1915 and 1925 7th av.
JULIUS Observation-Disclosures plumb
PAUL1NE LEvY~voluntary house
wife. 2o4l 5th av. liabilities, ss,664; as
MAYER BA1LEN-voluntary travelling
bags. So Walker st liabilities ss'$7S as
oPPENHE1M APPAREL CORP.-Invol-
j B. GEBER co, 1NC.-1nvoluntary
" XNSroS1o A + ~ RuMoRE-Vo!untary; butch
err 2O2 Ave. a: liabilities, $685. assets. $50.
SOL. Observation-Disclosures; $50 West
a2d St ltahiitiss' sl721 assets f~t $500; so!o,
tary; 474 West Broadway.
Receivers in Bankruptcy
The following receivers in bankruptcy
were appointed yesterday In the United
States District Court
Edward B zeisler for Isidore Moskowtz,
dry goods. etc. is West 23d st. with bond
Harry r. Upright. for Peggy Gallagher
Mfg. Co.. INC, l27 West 2oth ST, 1rocks'
with bond Of $4,000.
Lawrence Berenson for A. Scott Co. Inc.
importers of laces. 80 East 21st St, with
wocott H. Pnk,n for oppenhelm Ap.
parel Corp, II West 34th st. with bond of
1000.
Schedules in Bankruptcy
The following schedules In bankruptcy
were filed yesterday in the United States
District Court:
CAPITAL BOOT SHOP. INC. 12o De-
lancey st. Liabilities. s13.738: assets. s5.-
MAYER BA1LEN. travelling bags, So
Walker st. Liabilities. s6.373: assets, S.
AJAX TOOL CO.. 1Nc.-Liabilities s2s-
37k; assets. s7,792.
LOUIS DIAMOND CO.-Liabiltties.
$76,4OS: assets. sS2,575
PAULINE LEVY. housewife. 2o41 9Th
av Liabilities s3.554; assets $500
Antonio Runore. butcher. 202 Avenue A
liza bilities. 1886; assets. $50
Sol. Herman. $50 w. 22d St; liabilities,
$1,72l; assets. $500.
c. II. D. Robbins Co.. Inc. dresses. etc.
$50 Madison av.; liabilities unknown as
sets unknown.
Assignments
Cobrinik Brothers, retail dealers in
groceries at 1925 and 1915 Seventh Ave
nue. yesterday assigned for the benefit OF
creditors to Albert B. Cory. of Brooklyn
and William F. Vosseler. OF East Orange
n !. The Arm is comosed Of Morris
Samuel and David Cobrink.
New-York tribune., 1922-05-27
Woolens Advanced Again
American Wooden Company
Makes New Prices

Woolcn lines for fall, withdrawn
from sale by the American Wooden
Company early this week. were re-
placed yesterday at advanced prices.
Some Of the lines were not replaced,
as available production is sold for this
season. The advances range from 2h
to % cents yard over the recent
prices, which IN turn showed an ad-
vance over the opening prices. This
makes total maximum advance Of
S21a cents. The maximum advance was
made on the fabrics produced by the
Pioneer Mills. where the rises yester-
day ranged from 20 to 55 cents, and the
total advances from 80 to 821a cents.
The worsted lines withdrawn will be
replaced, probably at advanced prices,
next week. The advances, it is said
we're made necessary by the recent
sharp rises in the raw ~ool markets.
New-York tribune., 1922-05-27

tween these figures means n saving
of more than 20 per cent in the amount
of capital required for a given volume
of sales. Recent changes in the direc-
tion of larger stocks have not yet sub
stantially changed the 1921 rate Of
stock turnover.
"The largest increase in sales Of
chain stores in April was made by the
and 10 cent stores, sales of which
were II per cent larger than year
ago and the largest ever made in April.
The average sales store increased 16
per cent. Sales Of chain grocery stores
we're 20 per cent larger than last year,
duo largely to an increase in the num-
ber of stores owned by the reporting
systems. Average sales a store showed
a decline of 0.3 per cent"
The weighted index Of wholesale
trade compiled by the Federal Reserve
Bank here was | per cent lower for
April than for April, 1921, although
April sales showed large gain over
March, when sales were 9 per cent
under year ago Great variation is
shown by different businesses, due to
a lack of uniformity in price changes.
Clothing led in gains, registering 33
per cent gain over last year. Diamonds
came next with a 33 per cent gain,
and drugs next with per cent ad-
vance. The greatest decline from last
year was shown in machine tools.
where April sales were 81 per cent
under year ago Dry goods showed
a % per cent loss. Incidentally, dry
goods retailers report April sales Of
piece goods, patterns and notions
under last year.
New-York tribune., 1922-05-27
Covering by July
Shorts Features
Trading in Cotton
General Market Closes at a
Net Advance of 30 to 48
Points; Competition Over
Local Stock Is Likely

The feature in the cotton market
yesterday was the covering by July
shorts. Nothing more definite de-
Veiopcd regarding the probable dis
position of the cotton taken UP on
contract during the current month
put the presence of such large GER
testlted stock here, evidently failed to
'reassure the July short interest. That
oellvery sold up TO 20.s7c, or 50 points
net higher. and closed at 20S3c, max
ing an increase in the premium over
October to 80 points, compared with
~ at the close of the previous. day.
The strength of the near month had a
1TfioencX to start covering in later deiv-
west, and the general lnarke, closed strong
al net advance or % to 4S points Tho
carly offerings were quickly absorbed. how
over. ana the higher prices of tho day
We're reached in the late trading, when
500 1. out longs appeared to be replacing
Probably the unessiness Of July shorts
reherted an Impression that competition
,.h WAS nkcIy to develop for the local stock
Which is said to be very desirable IN grade
Noth!ng more definite developed with ref
"rtnce TO its probable disposition. but ru-
im tmo'S ,na' ,nere wes a strong long interest
PROBABLY hai something to do with the
advance -Four privat" crop reports were
~ lssued' two OF which agreed on a condition
or -, while tho other two both placed it
at b9S. one of the reports pointed o an
increase or per cent in acreage and
placed the Indicated crop at l0.470. 900
bale Another estimated the increase in
acreage at per cent. on tho whole the
reports seemed pretty closely in line with
expectations and We're not considered an
lmportant factor in the days market.
southern spot markets as officially re
ported were unchanged to G. points higher.
and an Increased volume Of business was
reported.
The local market for spot cotton Was
steady and unchanged at 4 soc. No sales
were reported.
IL IL
New-York tribune., 1922-05-27
Satisfied Judgments
In New York County

In New York County
The first name is that OF the debtor. the
second that OF the creditor and date whom
Jud gMent was filed:
New-York tribune., 1922-05-27
sines New
Department Store Trade Last
Month Broke Sales Records
Employment and Basic
Trades Cain Steadily

study Of national conditions to-
day. says the Franklin National
Bank Of Philadelphia, in it's June
Digest Of Trade Conditions, shows
gradual but persistent increase in
the demand for labor and steady
betterment in underlying conditions.
Such basic factors as iron and
steel and in fact all Of the metals"
says the bank. "are showing i'm
provement and building operations
continue to set new records. The
greatest unemployment recorded is
strikes and lockouts in the Eastern
textile mills
New-York tribune., 1922-05-27
Failures Down Again
Liabilities This Week. However.
Slightly Larger

A drop, although slight, in the num-
Der of commercial failures throughout
the country is reported this week bv
leading credit agencies. r. G. Dunn &
Co. report 451 defaults this week, com
pared with 459 last week and 336 in
the similar week last year. Bradstreet's
place tins weeks failures at 4l0, com
pared with 448 last week and 317 a
year ago.
Fewer failures were reported from
the West and South, by r. G. Dun e.
Co., but this decline was more than off
set by increases in the West and on
the Pacific Coast.
"Of the current weeks defaults" SAYS
The Dun Review" $3.50 had liabilities
of $4,000 or more in each instance,
equivalent to 62.1 per cent of the total
number Last week, with 262 similar
insolvencies. the ratio was 5l.7 per
cent.
New-York tribune., 1922-05-27
New York Metal Market

On the New York Metal Exchange tin
was quiet and easy, with Straits and
Straits shipments quoted pt 3O,37h@
31271ac; standard, 3o.25@|3O.75c and
90 per cent, So@3o3712c. Copper,
quiet; standard spot, May and June,
1325c asked and elcctrolytic spot, May
and June, 13.50Q14c. Lead, quiet; New
York spot, 5.80c asked and Ea st St.
Louis spot, 5.25c bid. Zinc, firm; New
York spot, 5.55c and East St. Louis
spot, 516M5.25c. There were sales of