davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-09-07
DIVIDENDS.
Rocks

close. Payable.
Associated Oil. Co.. a., si.5o. Sept so Oct. -
Sterling Oil Development Co.
10c. .......... Scpt. ~ o't' {"
S. S. Kresge & Co., a., pf..
$1.I3 ..................... sept. - oc'' -
Kelsey Wheel Co.. a., si.ao. Sept. 20 Oct. =
st. Louis Rocky Mtn. & Pac: IL
Co., a., xl...-......... ...... sept. 10 SEPT oo
St Louis Rocky Mtn. & rac.
Co.. pf., t.:o.............Sept. ~ sept. ~
orpheum Circuit. q pr. 81. Sept. y Oct.
Hercules Powder Co., a.: So Sept. 2 Sept. -
Atlas Powder Co., O., 50. .Sept.-io Sept. -
$50 ..................S Sept. Is Sept. 80
a., s1.........e......... Sept I5 Sept. 80
pf.. sl.55. Sept. is Oct. .
O. w. Helme Co., a., SO. Sept. 10 Oct.
CIV. Helmo Co.. pf.. a.. $l.75.sept. ~ Oct. !.
Lehigh Val. r. r., a., S7isc. Sept. IL Oct. 3
Lehig. Val r. II. a.. pf.. 2qs Sept 16 Oct. 3
=. Lorillard Co. a.. SO. ]. Sept. III Get. :
i. Lorillard & Co. a.. pr,
$1.7c ...........,..... Sept. 10 Oct. :.
Am. Cigar Co.. O.. pf.. ilseo. sep;. u Oct. :.
South Pert Rico Sugar Co., /,
U. s. Tobacco Co.. a. s5c. Sept. is oct. :
u. $. Tobacco Co.. O.. pf.,
Westinghouse Elec. Mig. Co..
Westinghouse Elec. Mfg. Co,
s. il. tress & Co. a.. pf.,
1876 .................... Sept. 20 Oct. i.
Continental Cap~Co., a.. pf..
x1.9o .............. ....Sept. ~ Oct.
Detroit Cleyc. Navigation
Co.. a., 2qs............,. Sept. u Oct. .
Mountain Producing. a.. 20c Sept. IL Oct. .
Homestake Mining Co,
monthly. s5c.. ......... Sept. 30 Sept. -
Am. Car & Foundry Co.
a. 49,. 3.......................s Sept. Is Oct. >
Am Car e. Foundry Co.. r..
pr. 75.................. Sept. 16 Oct .
Guaranty Trust Co., a.. SO. Sept. Il Sept. 80
The New York herald., 1922-09-07
U. s. CERTIFICATES AND NOTES
PUBLIC UTILITIES.

Acceptable in payment of Federal taxes on
the dates Of maturity.
The New York herald., 1922-09-07

DEFAULTED BONDHOLDERS SYND.
Serving Holders Of Defaultcd Investment
Bonds OF Governments, States, Cities. Rail-
roads. Public Utility. Industrial Corporations,
with market quotations and opinions: FL
nancial. Legal. Engineering Reports Fore
closure and neorganizat tion Proceedings. Cir
cular 80 Wall ST.. ~ y Phone Hanover 4122
The New York herald., 1922-09-07

Total sales bonds. S1S2 900 par value.
Total sales stocks, 726, 200 shares.
The New York herald., 1922-09-07
DETROIT.
Omen. High. Low. Last.
NEW YORK STATE BONDS.

Bid. Ask. Ab't.
tCanal Imp.-Iilgh. Imp. IS
Jan. and March. 1a2c-3o. 4.20 800 ....
tCanal Imp. High. Imp IS.
Jan. and March. fa3i-4o. 40 800 49,.
fCanal Imp. High. Imp 5s.
The New York herald., 1922-09-07
CHASE SECURITIES
CORPORATION

The Board of Directors has declared q
dividend of 81 per share on the capital stock
OF this Corporation, payable October >. l9o2
to stockholders OF record at the close or
business September IS, 1922. The transfer
books will not close.
wM. G. SiIAIBLE, Treasurer.
September @. 1922.
Twin city review. [volume] (Champaign, Ill.) 19??-1929, 1922-11-03
DOES STREET CAR
co. WANT CHANGE
OF GOVERNMENT?

The granting Of franchise 10 the
Street Car company seems 90 he no
further advanced now than II vas a
year ago last September, when the
old franchise expired. No apparent
effort u being made toward reaching
an agreement, and 1t appears the
company Is of the opinion franchise
Is not necessary for the operation af
It's lines.
IL Is the opinion Of many people
that the company fears popular
vote of the residents Of Champaign
would be against granting fran-
ohise such as the company would like
TO have, and that an effort viii be
made next spring 20 take the matter
out of the voters hands by overthrow.
ing the present commission form Of
government and adopting the alder
manic form. Under the present form
of government the franchise matter
Is finally decided by a vote Of the peo.
Pile, but under the aldermanic form
the voters will have no voice in the
granting of franchise, and the alder.
men could grant any kind Of a fran.
chise ii desired.
Twin city review. [volume] (Champaign, Ill.) 19??-1929, 1922-11-03

sumo control over the local trans
portation system of the city of Chi
cago in event municipal ownership is
established in that city.
Political Patronage for Judges.
Political patronage is provided for
the Supreme court judges and to the
Circuit court judges, especially TO
Cook County, under the direction of
the Supreme court. In addition to
the large retinue of appointed assist
ant judges, clerks, bailiffs, and other
attaches, justices of the peace and
constables of Cook County are to be
appointed by the chief justice of the
civil division who, in turn, is named
by the Supreme court from among
the Circuit court judges. Appellate
judges are to be appointed by the Su-
preme court and vacancies in the Cir
cult court created by the elevation of
some judge to the Appellate court is
to be filled through appointment by
the Supreme court. To say that the
Judges will not be either political
party dictators or political party
henchmen under such arrangement Is
to say that they have none Of the
failings Of ordinary mortals. tSees.
10, 116, 109, 81, 1917.
1t is idle to argue that judges are
learned men of unimpeachable integ-
rity and will therefore never make
improper use of even such unlimited
authority. All history proves that
whenever undue power is placed with
in the reach of man he sooner or later
Yields to the temptation and becomes
an autocrat. Judges have the same
weaknesses, frailties and failings as
afflict other men, and they have never
proven themselves to be any better
than other men. II should be remem-
bered that the acid test must be ap-
piled when examining this constitu-
tional grant of power. The very fact
that we insist upon having consti-
tuition at all is clear proof that we
have learned that it is unsafe to place
our lives, liberties and fortunes in the
hands of men who may exercise un-
limited power. We must examine the
proposed new constitution not merely
to discover what a fair, reasonable
and just governing official or body
may do but also to determine what If
will be possible for an unreasonable
unjust and unfair judge or other gov
ernment functionary TO legally do un'
Twin city review. [volume] (Champaign, Ill.) 19??-1929, 1922-11-03
GOLDEN WEST
NO PLACE FOR
THE WORK ERS

Albert Johnson. formerly Il ihe
Ren long hafhcr shop, has returned
from Long Reach, Ca, ana ether
pol0ts in the west, where he ha.
been Tor four months Mr.. johnson
intended 10 stay in the west = year
but after carefully Investigating the
situation there from workers stand.
point. he decided to return to Cham.
paign. where he knew he could make
decent living and lay aside little
FOR a rainy day.
Mr. johnson met many Illinois men
II California Nho are eut 81 work
and would return II they had ear fare
hC states the FIRST impression OF
California Is grand, people are carried
aaaN With the scenery. but when Il
comes 10 finding a job, there are three
people for every position. and Wages
are about one.half those paid IN the
Twin Cities for the same class Of
work.
lie hlsmes California boosters for
the influx Of people into that state;
boosters Who are Interested in Great.
ing business for railroads. and boost
ets Who are interested in beating
down wages by bringing an over
supply OF workers into that state,
This, coupled with the cheap labor
from the orient. makes the coast
undesirable from the viewpoint Of
labor.
But, II you have lot Of money to
spend, aud you are locking for a good
time, YOU can crafty every whim In
the golden west
Twin city review. [volume] (Champaign, Ill.) 19??-1929, 1922-11-03

der its terms. This sort of test
shows that the proposed new consti.
tuition is menace to the people Of
Illincis and in the interest of the men,
women and children of this state must
be defeated.
Unequal Representation in Legislature
In utter defiance Of the fundamen-
tai American principle of equality,
the proposed new constitution will
definitely establish inequality Of
citizenship, if 1t Is ratified, by the
provision which limits Cook, County to
a minority representation In the SEN
ate (Sec. 23) even If the population
of that county should ever contain a
majority of the people. Representa-
ton in the lower house of the state
Legislature Is curtailed as effeeting
industrial centers by an apportion-
ment scheme in which the vote cast
for governor on a given date tSec-
23) is to be made the basis of repre-
sentation. II Is well known that the
number Of persons who actually vote
on election day in the cities is less
in proportion to population than those
who vote in the rural districts. Thou
sands Of workers who live in the in
dnustrial centers are engaged in oc-
cupations which require them to be
at great distances from their polling
places on election day under cireum-
stances which make it difficult or i'm
possible for them TO make any prepar-
alton to take advantage of the abb
sentee voters law. This is true not
only of transportation workers Of
various kinds, but also telephone and
telegraph workers and repair and in
stalIation mechanics in many indus
tries.
While this unfair method Of appor-
tionment seems to give the residents
of the rural districts an advantage,
there will always be grave danger
that ii may almost completely dis
! franchise some Of the districts in so
| far as representation in the legisla-
ture is concerned. Impossible eoun-
/ try roads made so by storms or floods
on the election day when the votes
cast are to be used as a basis Of ap-
4 portionment may prevent large num-
/ bers of voters in the rural communi'
ties from reaching their polling places
/ The result in case of any extreme
I storm or food condition can better bt
imagined than described. The ap
Twin city review. [volume] (Champaign, Ill.) 19??-1929, 1922-11-03
MANY ATTEND
LABEL LEAGUES
HALLOWEEN PARTY

The Halloween party given by the
WomenS Label League at Labor Hall
Monday night was a very successful
affair from the standpoint of an en-
joyable time aud attendance.
The ladies' on the committee went
TO a great deal Of effort in decorating
the hall, and IL presented a pleasing
appearance TO the guests.
Games of several varieties, dane
ing, music, fortune telling, etc. ke-i
the assemblnRe busy until about II
o'clock, after which refreshments were
served.
A pleasing part of the evenings
frollc was the part taken by the
children, there being over a score Of
Juvenile maskefs, aud their amusing
eapers were enjoyed by all.
rlrat prize was won by Mrs. , lice
Arrowsmilh; second by Mrs. Porter;
relay race, Mrs. Arrownsmithj apple
diving contest, II. T. Mcdonald;
juvenile prizes TO Charles aud clar-
enee Inskip.
Twin city review. [volume] (Champaign, Ill.) 19??-1929, 1922-11-03
MAINTENANCE OF
WAY MEN HAVE
NEW PRESIDENT
fBy A. i. Of J.. News Service.)

lBy A. i. Of J.. News Service.)
Duluth, Minn.--The Duluth Labor
World makes this comment on +. II.
Fliozdal, the new president OF the
Maintenance. Way Employees:
"Mr. Fljozda was originally a Du-
luth man. He came to this city when
a boy more than 45 years ago. lie
was born In Iceland and WAS left an
orphan when a small child. He was
adopted according 10 the laws Of Ice
land by friendly neighbors who
bruoght him to Minnesota. where be
was reared.
when the Canadian Northern was
built he transferred 10 that road and
was stationed at Warroad, where he
resided until 1917
The Labor World says Mr. flloz-
day will not take his organization on
any balloon rides, but will hold II
with both feet squarely on terra
frma.
His long experience in making
contracts with the Canadian railroads
will serve him well as the head Of the
international union"
Twin city review. [volume] (Champaign, Ill.) 19??-1929, 1922-11-03

portionment section is framed so az TO
make il possible for q political com
bination (See. 2i) In the state legis-
lature TO enable three mer Of any
political party TO gerrymander the
state. All that will be necessary Is
to prevent action In the legislature
whereupon under the proposed new
constitution the attorney general, the
secretary of state and the state audi
tor of public accounts may slice the
state into districts as they may
please.
Taxes.
1t is agreed on all sides that the
main reason which brought about the
calling Of constitutional convention
was the widespread dissatisfaction
with the rigid and innexible Uniform
ity provision of the present constitu-
ton as effeeting the power Of taxa
ton. Despite the fact that some
years ago the voters Of Illinois, BY an
overwhelming majority, decided IN
favor of extending the power of the
state legislature in the matter Of tax
alton so as TO permit classification OF
property for taxation purposes, the
constitutional convention adopted the
precise language ADttF III VI AAAae
part of the present taxation section
against which the people complained.
Thus no relief can be given 10 the
farmer or home owner. In q section
referring to intangible property,
(Sec. 1922 the classification OF so
called intangibles (bonds, mortgages,
notes ,ete.) for purposes Of taxation.
Is permitted by the proposed new
constitution, provided the incomes de-
rived from such property is taxed
instead Of taxing on the basis Of valu-
alton. Thus, in effect, is building a
sort Of a fence around the very class
of property which has, up to the pres
ent time, been illegally withheld from
taxation by its owners. Those holders
Of such property who have 50 long
escaped taxation will not voluntarily
bring forth their hidden paper for the
scrutiny of the tax assessors. The
slight modification of the uniformity
rule as made by the section on in
tangible property will be Of practi
calIy no value as a means Of reduc
/ ing taxes. The article on revenue hai
| plainly been drafted for the purpOs'
! of safeguarding large incomes from
/ taxation and is involved with so mucl
Twin city review. [volume] (Champaign, Ill.) 19??-1929, 1922-11-03
CO.0PERATORS' STAND
FOR PEACE GUSTS
LLOYD GEORGE

Tic real reason Ny tloyd George
lasl his iee - Premier of Great Brit,
an Is not being told iu the press
headlines. saNs the Al American Co
operative Commission in statement
issued to-day. lu addition. the grave
possibility 81 a Turkish war has been
aNeFted lafEelN hY the prompt and
courageous action a British eezapeia-
ters and Nefkers When the feeVpt
Premier AMI ether War=eouriinE alplO.
mats came cut with declaration for
military action ta support the de-
leated Greeks, gho Cealal Board of
the Cooperative Union Of Great
Britain unanimously adopted a sgog
eus resolution asserting that the issue
II tie freedom Of the Straits should
be determined by tie League Of Ma
aons OF some other International
arbitrator, anu not ht fresh deluge
Of blood.
The British labor movement, aud che
International Cooperative Alliance
staunehly seconded thls peace mani-
festo. Four and half mllien COS
operators immediately made the,r
voices aud their political influence felt
IN parliament, and the pfess joined
in the popular temanEllanre against
a new war. Then came an election
for vacant parliamentary seab in
which a candidate opposed % llayd
Georges government won the elee
ton Alarmed At the NaNe OF protests
against VAR aroused by the eosnpera-
tors and workers Lloyd George sup.
portefs began 90 break behind him,
and his resignation followed,
American ee-opetatefs cannot help
hut commend their British brothers
for their resolute stand against war.
prey oking activities. The co.opefa.
tive movement the world over Is "A
peaceful, constructive movement, com.
mitted TO the policy Of eome.let Us.
together. Il aims to secure
the well'heing ef all people, not Of n
few muniuon makers and war profit
eefs.
War destroys, where the eo.nperaa
tive movement constructs. War in
cites hatred, where cooperation builds
np mutual confidence and goed viii,
War tears apart and diserganlges,
where cooperation brings unity, har-
mony, aud peace. War Is the ahso.
lutte neRatien Of all that co operation
stands for co-operatofs In all eoun-
tries are ON their guard against any
action by weilfod diplomats which
might provoke the use Of the sword
to solve international differences.
Twin city review. [volume] (Champaign, Ill.) 19??-1929, 1922-11-03

Over million dollars worth OF
dairy products were supplied to the
thirty thousand members and patrons
Of the Franklin Cooperative Cream
cry Association Of Minneapolis, dur
ing the first eight months Of l922
according TO a dispatch received from
The Cooperative League. To be
exact, the sales during that time
amounted TO $1,01l, ,271. Although
the cooperative creamery, which Is
owned and operated by the consum'
ers, has already cut the price Of milk
down 10 almost cost, a r. saving was
made for the purchaser, to be re-
turned 10 them as rebates.
Twin city review. [volume] (Champaign, Ill.) 19??-1929, 1922-11-03
KEPT PRESS QUIET
REGARDING RELEASE
OF TRAIN WRECkERS

thy A. 4. of l.. News Scislee.l
Gary, Ind. The grand Jury of this
county has refused 60 indict John
petruwsh and Joseph popovich IN
connection with the Michigan Central
.saesh last AAseet, ans the svs usN
have been released from jail. This
Is the wreck that was treated SO
sensationally by the public press, and
occurred just at the time when
naugherty was developing a moh
spirit 20 Justify his injunction he was
then I~qparng.
The attorney FOR the accused men
presented evidence Of terrific third
degree that they and Chnrlea Haellis
were subjected To by the police TO
force them Ia make false confessions,
The attorney insisted that these mr.
rests were a frame-up 90 diaeredit the
striking shop men and that the wreck
was caused by a brokenedown engine.
Ii Is predicted that Uselis will
soon be released The only testi.
mony against him Is the statement Of
government stool pigeon who claims
he heard usellis declare that the train
should be wrecked,
No publisity has been given tie re-
lease of these men, while the public
press and anti-unloniats continue to
quote the wreck as proof that stfik-
ing shop men are lawleaa
Twin city review. [volume] (Champaign, Ill.) 19??-1929, 1922-11-03
Printer Make Gnins.

Gineinnati.--Acting as arbitrator
between newspaper printers and their
employers, Mr. August Hermann
ruled that IL hours would be the
regular shift. Wages were increased
$3.50 a week on morning newspapers
and s4.45 on afternoon newspapers.
This award makes the scale S56.25 n
week for night work and s52.75 for
day work.
Twin city review. [volume] (Champaign, Ill.) 19??-1929, 1922-11-03


workers to form trades unions be-
cause individual effort was insufficient
to secure the things sought by the
workers. and since that time, up to a
few years ago, workers have gotten
along fairly well; but. with the forma-
ton of several labor-union disrupting
associations with a nationwide scope,
and all with the same purpose in view
that of disrupting organized labor-lt
apparently becomes necessary for labor
To also federate into stronger bodies
if they expect to maintain the stand
ards set up by trades unionism.
In the face of roganized opposition
one local union is placed in the same po-
Sition today that an individual worker
was placed in thirty years ago.
The effectiveness-or Ineffective
ness-of the shop crafts strike illus
trates this point With federated
shop crafts organization embracing six
or seven unions engaged in that par
ticular line of railroad work the strike
has been a partial success; but who will
say it would have been successful upon
a single railroad had each craft been
forced to fight its battle single-handed?
Upon the other hand, who can deny
that the strike would have been wholly
successful if it had had the united back
ing of the entire l6 organizations en-
gagged in railway work?
Sixteen organizations whose repre-
sentatives sit around table and decide
whether or not grievance of any one
is sufficient for calling a strike, and
the determination of each of the six
teen to suspend work until the injured
unions wrongs had been righted, would
effectively and speedily bring about a
settlement that would be pleasant re-
lief from the prolonged strikes and
suffering the country has recently been
subjected to.
With one union pulling this way,
and another that way, and so on, each
concerned only in its own members
welfare, we can henceforth clearly see
decline of unionism. Industrial un-
ionism is necessary to combat indus
trial "profitism." Industrial unionisnl
means advancement; individual union
ism means failure.
This important question came be-
fore the Illinois State Federation of
Labor, but was defeated by a small
margin Previous to this three Inter-
national unions and eleven state feder-
ations had adopted the plan known
as amalgamation. The newspapers
throughout the land have been describ-
ing the plan as the One Big Union idea
with the result that many trade-union-
lists have been led to believe that the
plan means |. w. W.-ism. To those who
are interested III the progress of labor,
this charge is very important and it
will without doubt prejudice many
against it. If the plan meant |. W.
W.-ism or the One Big Union, many of
those who are now for Industrial I'm
ionism would oppose the plan with all
the power at their command.
Industrial Unionism or amalgama-
Twin city review. [volume] (Champaign, Ill.) 19??-1929, 1922-11-03
INDUSTRIAL UNIONISM

tion Is not new, nor Is II Fosters idea.
The fact Of the matter Is, this idea is Is
old as the Trade Union movement and
has been in operation in many indus
tries for several years. BY Industrial
UnioniSm is meant, an amalgamation
of all workers in the same industry,
working in their own crafts, but join
ing together when the vital affairs of
the workers in the industry are affect
ed. Ii would mean that craft strikes
would be at an end and in its place
would come united action by all en-
ployeS in the same industry.
The shopmens strike is clear evi-
dence of the need of industrial union
ism and the proof of the power of in
dustrial solidarity is seen in the united
front of large groups of railway man
ayers, Ii there had been an Industrial
union existing on the railroads on July
|, there would have been no strike. The
railroad managers would not dare let
all the men on the roads strike. The
managers knew of the division of the
ranks of their employees and acted ac-
cordingly. The day of craft strikes Is
passing and each one brings the aver
age worker to the realization of the
need of closer affiliation. Just so long
as the employer can use one group of
workers against another, we cannot
succeed.
In the building trades this condition
prevails most of the time and we find
union men working on the job with
non-union men. BY this method the
employer can fight each group with
each other and cause the energy of our
movement to be used in fighting each
other. The conditions existing ON the
railroads. in print shops and in the
of the need of closer organization. The
employers naturally discourage this
amalgamation for their employees, but
believe in it for themselves. In the
Building Trades they have Builders
Associations where every kind of CON
tractor can hold membership, and when
they act, they do SO as a unit. In the
railroad industry the managers have
an executive committee representing
all the roads and when they act they do
SO together. The same thing prevails
in the printing trades, where the en-
ployers no matter what class of plant
they run, join together for the promo
ton of their best interests. There is
no craft divisions in their ranks.
1t will take some time before the
labor movement fits itself into the new
way and it is going to cost us lot of
suffering to break away from the paths
we entered fifty years ago. Every 9TH
er walk of life has adopted new meth
ods, and especially the employers. They
don't stop at industrial unions, they &c
right on into the One Big Union, as
represented by the Manufacturers AS
sociation and the Chamber of Com
merce. Illinois labor is thinking over
the new plan very seriously and in
spite of the opposition honest and 9TH
erwise, change of some character is
going to come.
Twin city review. [volume] (Champaign, Ill.) 19??-1929, 1922-11-03
Another OH Melon.

New Y0rk.--The Ohio oil company
will declare a 500 per cent dividend
This means that the eompany's canital
stock will be increased from $4,000,
900 To 100000, 900 and earnings will
heneeforth be based on the new capi-
talizution. The company Is one of the
important Standard oil units. Its stock
g. selling around S310 per share.