davidaulloa/AmericanStories huggingface dataset:
The Donaldsonville chief., 1922-04-29
THEIR SILVER WEDDING.
MIR. and Mrs. Jos. s. Blanchard Sr.,
twenty-five Years Married.

Mr.. and Mrs. Joseph S. Blanchard,
Sr. Of this city, completed twenty
five years Of happy married life yes
terday and celebrated the auspicious
event in quiet but very pretty and
appropriate way. There was a beau
tiful mass at he Catholic church at
$50 a. m. Rev. C. M. Chambon,
officiating, which was attended by
Mr.. and Mrs. Blanchard, all the mem
bers of their family, and other rela-
tives and friends, and in the evening
there was a quiet family dinner at
the Blanchard home, in St. Vincent
street at which all of the couples
children, their son-in-law, George
Maurin, and Miss Stella Beatty, sis
ter of Mrs. Blanchard were present,
and the evening was spent most hap
PLY and delightfully."-.
Jos. S. Blanchard, and Miss Edith
Beatty of Bayou Goula, were married
at the latter place, April %, 1897.
Ihe couple took up their residence in
Donaldsonville and have resided here
ever since. For many years Mr.. Blan
chard has held an important and res
ponsible position in the employ of
B. Lemann & Bro, as salesman in
the drygoods department of their big
store and by close attention to the
duties Of his position and the exem-
plary life which he has led, has gain
ed the confidence of his employers
and the respect and esteem of the en-
tire community. he is member of
Ascension Council No. 1887, in which
he holds high office. He is a man
of attractive personality and very
Jovlal disposition, ever ready to ex-
tend a helping hand to those in need
and numbers his friends by the score
Mrs Blanchard is the true type OF
the devoted wife and loving and af-
fectlonate mother and during the
long years of their happy welded life,
mas proven, in every sense of the
word real housewife, devoted to her
nome, husband and children, and a
true helpmate to her husband.
Nine children blessed their union,
namely, Joseph S. Blanchard, Jr.,
Ethel, now Mrs. George Maurin, Miss
Edith, Beatty, MuIford, Marguerite,
May, John and Courtland. All rear
ed In the love and fear of God All
affectionate and obedient children,
the pride of their adoring parents
and of their admiring friends.
In the enjoyment Of the very best
of health, and surrounded by their
interesting family every one of whom
IS likewise in good health, Mr.. and
Mrs. Blanchard, on the occasion of
their silver wedding had nothing
more to wish for-the measure of
their earthly happiness was complete
The Chief takes pleasure in ex-
tending hearty congratulations to
Mr.. and Mrs. Blanchard, and in ex-
pressing the hope that they will con-
tinue to eni1y vigorous health and
live to celebrate their golden wedding.
The Donaldsonville chief., 1922-04-29
Great Summer Opening Sale.

Jules WE'LL announces a big sum-
mer opening sale at his New Bargain
Store, which begins today and will
continue for ten days. Mr.. WE'LL
states that he has been very fortu-
nate in obtaining some very low
prices on seasonable merchandise
from the manufacturers, and that he
will give the benefit of his lucky pur-
chases to his customers. The sale
will include everything in the line of
dry goods, millinery, hats, shoes, un-
derwear, notions, etc. The store is
located in Railroad avenue, the sec
ond block from the Texas & Pacific
depot, and Mr.. WE'LL invites all
those who are in seach of real bar
gains to visit his place during this
big event and they will be convinced
that this is the biggest saving
sale ever staged in this city.
The Donaldsonville chief., 1922-04-29
Interesting Recital.

a recital of much merit was given
sometime ago at the local high school
auditorium by Mrs. w. A. Poche of
this city. More than one hundred
persons attended, and all expressed
their heartiest approval of the splen-
did rendition of the selections. Pu-
pills who had been taking piano les
sons for less than three months were
able to play most charmingly. A
striking fact was that these beginners
were able to show a knowledge of
piano technique in addition to clear
Interpretation of the selection.
The method which enabled these
beginners to play SO interestingly is
the Progressive Series. 1t is taught
by Mrs. Poche, graduate of the Art
Publication Society. This society
publishes the Progressive Series. The
course, which includes theory, prac-
tice and voice is given the full stamp
of approval by the leading masters
of the piano. Leopold Godowsky,
world-famous pianist, is editor of the
Progressive Series.
At the recent recital the following
program was rendered.:
over the Heater" chorus.
"Shepherd Song,' Olga Schmalzrid.
Fiddle and l." vocal solo. Armide Hanson.
1.-The Little Rogue Margaret Poche.
"Crocuses," Jane Ayraud.
"Consolation,", Elizabeth Poche.
'"rhe Birdling." vocal solo. Mrs. w. A,
Poche.
Waltz, etude. mazourka, Pelonaise. Mrs.
W. A. Poche.
Another recital in the near future
is eagerly awaited for by everyone
who attended the recent entertain
ment
The Donaldsonville chief., 1922-04-29
Sam Pinel Passes Awav.

Sam Pinel, well-known citizen and
carpenter of this city, died at his
home in st. Patrick street Wednes-
day night at 9:3O o'clock, from the
effects of injuries which he sustain
ed in a fall Friday of last week, aged
GO years and 9 months. While at
work On new building which he
was erecting for Julien Bartholomey
in Claiborne street, he fell to the
ground from a high elevation, and
sustained painful injuries to his right
hip, and three broken ribs. He was
removed to his home and given
prompt attention, and his condition
was not considered serious at the
time; but it seems that he sus-
tanned internal injuries and these
together with the great shock proved
too much for his constitution, and
despite the fact that everything pos
sible was done to relieve him he
grew worse until he finally passed
away. Deceased was a skilled car
penter and builder; hard-working,
steady and Industrious man, good
citizen and enjoyed the confidence
and respect of the entire community.
His death, under such painful cir
cumstances, was a great shock to his
large circle of friends. The funeral
took place Thursday afternoon at 8
o'clock, with services at the Catholic
church and interment in the Catholic
cemetery, and was largely attended
by sorroWing relatives and friends
Deceased is survived by one son and
three daughters, namely, Furnest
Pinel of Harahan, Mrs. VIM. Hebert
and Mrs. JOS. Vavaseur of this city
and Mrs. Emile DeWally of Harahan.
The Chief condoles with them in their
LSOrrOW.
The Donaldsonville chief., 1922-04-29
Report on Milk Specimens.

Some time ago, DR.. D. T. Martin
of this city gathered samples Of milk
from dairymen who sell in this city
and forwarded them to the state
laboratory for examination. The re-
port of the laboratory to DR.. Mar
tin, covering the specimens sent, is
as follows:
Adam Ruiz. Belle Alliance, butter fat, 80
per cent, low.
N. G. Picou, A Bend, butter fat. 6.6 per
cent, high.
C. Daigle, Port Barrow. butter fat. AZ
per cent. good
Mart Darrow, butter fat, 2.9 per cent,
low.
DR.. Martin states that specimens
of milk will be collected from time
to time.
archaeological report on samples
of water from which ice is manu-
factured in Donaldsonville, shows
that same meet the requirements and
may be considered safe for potable
purposes.
The Donaldsonville chief., 1922-04-29
&Akk%AkkkRkRk*h*kkkRkR r 4 Il 4 4 4
"MIDSUMMER EVE"
Play to Be Given by Pu-
pills Of Donaldsonville High School,

Midsummer Eve" is the title of
a beautiful and interesting musical
fairy play which will be staged at
TIN. Grand Theatre by pupils of the
DonaIdsonville High School next
Thursday night.
The following will comprise the
cast:
Dorothy, Dorothy Chapman; Queen
NAB, Majorie Crawford; Herald,
Ruth Mayhal; Fairy pages, Anne and
Margaret Hanson; Arbutus, Virgie
Allen; Innocence, Ruth Hunley
Spirit of Dawn, Olga Schmalzrid.
Flower Fairies-Aline Oubre, Ell
by Ohlmeyer, Vivian Bartholomew
Anna May Allen, Claudia Bessonet,
Muriel Bessonet, Josie Lawless and
Hilda Dill.
Little Green Elves-Lucy Rome,
Mildred Berrot, Ruth Dunning, Lydia
Falcon, Emma Leblanc, Josephine
Martin, Marian Constantine, Laura
Lee Brandt, Bessie May Naquin,
Rose May Naquin, Josephine Gofre
and Aline Erris.
Will'O-the-Wisps - Velma Rama
goss, Edna Samaha, Elsie Palmer,
Lessie Palmer, Susie Ferro, Mary
Ferro, Heloise Leblanc, Mabel Null
let, Mildred Dupierre, Mavor Jane
Kocke, Aimee Pugh, Rose Mary AL
len, Peggie Stuart and Gertrude
Martin.
The play is story of little girl
who went one midsummer night tc
find the fairies. She became lost in
the forest and the will l-'o-the-wisps
found her and led her into the
swamp. The little green elves res
cued the little girl and took her to
the court of the queen of the fairies
Here she was entertained with pretty
drills, marches and songs by The
flower fairies and little green elves
until "Dawn" was announced, wher
the queen sent the little girl home
to her mamma.
The costumes are very pretty anc
appropriate and the music delightful
attractive.
The Donaldsonville chief., 1922-04-29
Meeting Called OFF.

The meeting scheduled to take
place at the Elks Home last Monday
night to discuss matters of interest
to the future welfare of the city was
called off, because of the present high
water situation. A large number of
citizens were present ii ii response to
the call, but it was deemed advisable
to defer the launching of the move
ment contemplated to some future
date. Another meeting will be called
as soon as the water in the river sub
sides.
The Donaldsonville chief., 1922-04-29
Methodist Church

The following is the regular sched-
ule of services which will be con-
Quoted at the Methodist church in
this city: Sunday school, every Sun
gay beginning at 10 a. m., Fl. l..
BAKER superintendent. Community
achooi sc, OF religious training every
1nhursday, beginning at 7 p. M,
tfo1. t.. G. Alwes, president. Preach
ng service at | a. m, first and third
sundays of each month and at 1880
p m; on second and fourth Sundays,
II. B. Hines, pastor. -
The Donaldsonville chief., 1922-04-29
At the Community Theatre.

Sunday-Wm. Duncan and Edith
johnson in "Silent Vow and a
comedy. Music by Toddle Kings.
Tuesday-Elliot Dextre in "Grand
Larceny" and a comedy. Music by
Toddle Kings.
Thursday-Wm. Farnum in "Stage
Romance" and Fox News.
Friday-Claire Adams in "Mys-
terious Rider" and first episode of
the great serial, "Stanley in Africa y
starring Geo. Walsh.
Saturday - Gladys Walton in
"Playing With Fires" and comedy.
Monday and Wednesday no show.
Sunday, May 7-"Silent Years." a
Cashier production with all-star cast
The Donaldsonville chief., 1922-04-29
The Road to Happiness.

You must keep well if you wish to
be happy. When constipated take
one or two of Chamberlain's Tablets
Immediately after supper. They will
cause gentle movement of the
bowels.-(Ad.) .
The Donaldsonville chief., 1922-04-29
Risso.-Bacala.

Dominick Risso of New Orleans
and Miss Virginia Bacala of this
place, were quietly married at the
Catholic church in this city last Sun
day afternoon at l $50 O'Clock. The
beautiful ceremony was performed
by Rev. C. M. Chambon. Vincent
Risso acted as best man and Miss
Josie Giofre attended the bride as
bridesmaid. The bride wore beau
tiful dress of white georgette crepe
over satin trimmed with voile, and
the bridesmaid was attired in a crea--
tion Of flesh crepe de Chine trimmed
with silver beads. The newly we'd
ded pair will make their home in
New Orleans where the groom is en-
gagged in business. The couple were
the recipients of many beautiful and
useful presents. Congratulations
are extended to them for happy
welded life.
The Donaldsonville chief., 1922-04-29

There will be an important meet
ing Of the Donaldsonville Young
Mems Athletic Club at the Elks'
home on Wednesday, May 3, at 3
p. m. All members are requested to
be present.
The Donaldsonville chief., 1922-04-29
TO THE PUBLIC.

Y EFT ME do your paving and concrete work,
L. roofing, painting. glazing and plumbing.
Agent for Ramos paints and varnishes.
J. l. IANDAICHE. Contractor, 207 St. VIM
cent street. Donaldsonville. La.
The Donaldsonville chief., 1922-04-29

Miss Emma Maurin, formerly en-
ployed as telegraph operator in this
city, and now holding a similar posi-
tion in Dallas, Texas, is here for a
visit to her sister, Mrs. Adolphe Net
ter. The many friends of Miss Maui
rim in this city are glad to have her
in their midst.
The Donaldsonville chief., 1922-04-29

D. C. Mattingly of this city, but
now domiciled in New Orleans, was
in town last Tuesday, and while here
favored The Chief with an appreciat-
ed call. (
The Donaldsonville chief., 1922-04-29

P. Leo Blanchard, prominent citi-
zen and Railroad avenue druggist,
who has been confined to his home
for several days with sickness, is re-
ported much improved. The Chief
in common with his many friends
rope that Mr.. Blanchard will con-
tinue to improve and that he will
soon be completely restored to his
former good health.
The Donaldsonville chief., 1922-04-29

=. B: Holbrook, proprietor of the
A-Ray Pharmacy, sent to The Chief
office few days ago, can of Gre
Solvent, a paste used for washing and
cleaning. The paste is mealy, has a
pleasant odor and is very good for
washing hands and removing grease.
Gre-Solvent is on sale at his drug
store, and has given satisfaction to
all those who have tried it.
The Donaldsonville chief., 1922-04-29
FOR SALE,

ry7RACT OF LAND at Plattenvile; we'll To-
Gated; 315 acres. Easy terms. Might
consider writing. BAKER WAKE
FIELD CYPRUS CO., Plattenville, La.
The Donaldsonville chief., 1922-04-29
BnnalnHnttl1tllp Uhlrt:
SATURDAY, APRIL 20, 1922.
1t pays to Advertise.

DR.. L. E. Duffel, SIT Opelousas
street, Donaldsonvhle, La.
The Donaldsonville chief., 1922-04-29

Don't fail to attend the perform
ance at the Grand next Thursday.
Benefit D. II. S. library.
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1922-02-15
HOW WALL Street ""MlKED' ONE RAILROAD
By CHARLES ALBERT GOLDMAN

committee of the board of directors
of the company. By this action they
made themselves managing directors
And every step that was taken in the
operations which | am about to de-
scribe,t was authorized by these two
men.
A fine, solvent railroad was now to
be made football in the hands of a
financial group. The fnancicrs an
nounced that they were about to in
auguratc ga conservative and protec-
tive development and extension" of
the company's lines.
Those who have gained costly cx-
perience by placing their money in
similar ventures, may well shudder ia
cynicism of this well-known financial
phrase.
Less than five years later, the two
announcement, resigned from the
management Of the property.
Twelve months afterward, it was
suddenly and officially made known
that the railway company was bank
ficit of millions, while it's securities
to the amount of nearly $25O,OO 900
were in the hands of the public or in
the vaults of great life insurance
companies, a large part of them worth
less, or with principal and interest
overdue and unpaid.
- Wall Street Never Pays for It's -
Wrecks
What had happened to the splendid
property in this short space of years /?
Why had the two men deserted it :?
How had all this come about? To
date it has remained a mystery. 1t
is the province of this story to dis
close the facts.
1t may be said at this iuncture,
however, that for six long years the
railroad lay bankrupt, it's bills and OBJ
legations unpaid. A short time ago,
or to be more exact. on November %,
1921, two large Jewish banking hous-
es in Wall Street announced that they
had developed a plan for the "fnan-
cial reorganization" of the company.
This plan consists in the proposed as
sessment Of the impoverished stock
holders to the tune of $18,420,000.
For you see, Wall Street financiers
themselves never pay the bills of pro-
perties that crumble to pieces nnder
their hands.
In previous years, men and women
had been induced, by plausible publi-
city, to invest their savings in the
$76,000,000 worth Of the stock of the
company. These shares, with an orig
inal face value of 500 each, are at
the present writing being footballed
among the brokers Of the New York
Stock Exchange at price of 81 and
81 each for an engraved stock certi-
ficate.
Today American investors are ask
ed to pay for the follies Of the old
banking management whose policy
wrecked the road. In this country,
the story of the public investment in
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1922-02-15

Our highest law dcsgnatcs the di-
rcctors of railroad company the
"trustecs" Of its security holders!
In loading new properties of this
kind upon the Katy, the financial
"ring' made the mileage greater and
increased the gross earnings. The
Katy was thus made to appear to be
expanding at a rapid rate But the
huge debt that was being piled up in
the background was kept invisible.
Now the opportunities Tor financing
were ripe. Financing" means the
creation of large debt through the
sale OF bonds and notes to the invest
mcnt public. 1t is in this wise that
i'nanciers make their profits, and it
was for this reason that the group in
question had bought the Katy.
But these experienced men did not
issue one large mortgage bond to fin
ance their purchases. There would
have been but small profit to them in
that. They adopted new and dang
crous form of financing. They made,
over series Of five years, a long list
of bank loans and short term note
loans, which were renewed from year
to year, thus having the advantage Of
generous discounts and commissions
on each of the many transactions.
How the Ring" Piled Up Huge Debts
1t is peculiar fact in Wall Streets
finance, that whenever railroad debt
becomes due, it is paid for by making
much larger loan. In few instances
that have ever come under my obser-
walton, have loans been met with
smaller loans, the balance being paid
from the net profits Of the company
Wall Streets theory is that no cor
poration should ever pay a debt. Thus
funded debts accumulate, roll up into
vast sums, until in a trying moment
IN the corporations life, the obliga-
tons cannot be paid. Then bankrupt
tcy cnsucs, which means that the per-
sons who have invested in the sccur-
ties of the company lose a portion Of
or all of their money. But Wall
Street never loses. 1t has obtained
its discounts and made its commits
sions, and its duties have ended by
loading the burden Of obligations
upon the public. We shall see that
this method was rcligiously followed
in the financial program Of the Katy
"ring."
When the "ring" bought the first
terminal property and loaded it upon
the Katy in the year 1909, these
gentlemen contracted loan for six
months with banking house, for $2,-
100000. At the end of the half-year
period, this loan was met with another
loan for three months, amounting to
$3,600,O00
Thus, in 1909, two bank loans were
made, amounting to a total of &c.
100000. When these naturcd in
1910, they were met with a one-year
note loan of $1O,000,000. This was
met in the following year by two
year loan of $12,85O,000. In 1912,
this loan amounted to $17,500,00O. In
1913, the loan had assumed the huge
amount of $19,000,000.
So, from the original loan of $2,-
100000 contracted by the directors in
1909, we see in 1913 a debt rolled up
into $19,000,000 What had the Katy
to show for this debt? A terminal
property or so, and few minor pay
ments made on its equipment.
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1922-02-15

The average stranger, saunterin2
through the financial district Of New
York, with but hearsay knowledge
of it's life and doings, is generally in
Inundated by outward impressions.
The effect of it's huge structures is
undoubtedly empowering. The
Bankers Trust Building-what stu
sense of marbled splcndor in the wide,
unfrequented halls of the Mutual Life
Building! What stately majesty in
the long, frowning colonnadc of the
National City Bank!
Instinctively the thought arises that
here, behind these walls of granite,
marble and limestone, the profoundest
problems Of our economic life are be-
ing grapplcd with and solved. For
here at work are the masters of Am
crican finance, the mon "who live in
a higher sphere" to use the words of
Wall Street corporation lawyer, who
spoke in defense o fthe greatest rail-
road financier Of his time.
But There are certain haunts in that
same district, where one may find
congregated the old veterans Of the
Street, the "Shadows," the "Ghosts,"
the men who barely survived or were
broken in it's savage struggles. And
these men will tell you that in New
York finance there is no cogitation Of
weighty problems, and that it's opera
tions are simple as child's game. i
game such as boys play, grown-up
boys, it is true, and mighty ones,
with all the selfishncss, indifference
and thoughtlcssness Of boyhood.
This article is intended to describe
one of these financial plays--one Of
which the Street knows very little,
and the country nothing at all. In
Wall Street, this game is known as
milking a railroad dry"
Road Soon Hit Financial Rocks
Some years ago, two powerful Wall
Street financiers, each of them the
head Of great banking institution,
acquired, with their associates, con-
troll Of a railway. The:e two men
were not novices in the financial man.
agement Of railroads. Each was
backed with a wealth Of experience
in this particular pursuit. The road
they had bought had been built; up
and carefully managed over long
period of years by John D. Rockefell-
er and William Rockefeller Annually
it earned q large surplus over all ex-
penses and charges, and this net sur
plus in its treasury at times amount
ed to many millions.
The road, with it's splendid record
Of earnings and it's uninterrupted pro-
fits, enjoyed the public confidence as
an investment property Its securit-
les were regarded as gilt-edged. 1t
was, therefore, in excellent condition
to be exploited.
TO carry on the plans they had
formulated, the two financiers of
whom I speak, elected themselves, or
their representatives, to the executive