davidaulloa/AmericanStories huggingface dataset:
Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1922-03-11
HARDING IN PLEA
FOR SHIP SUBSIDY
Reads Message to Congress Urg-
ing Adoption of Plan for
Merchant Marine.
TO COST $4,000, 900 A YEAR
Ten Per Cent OF Customs Receipts to
Pay American Ship Owners-Ohcers
and Men of Merchant Marine to
Enlist in Naval Reserve.

Washington, March 1.-President
Harding urged a joint session of CON
greSS to grant a subsidy to an Ameri-
can merchant marine. To dc so, he
said, would end the governments
costly eXpeIEHt-t in the shipping bust
ness and would create a strong second
line naval defense for the nation.
With his recommendation the Presi-
dent offered plan for the subsidy.
Its main points are: Liberalization
of restrictive marine laws.
Shipping board to sell remaining
government ships, not by competitive
bidding, but by prices to be fixed by it.
Establishment Of $125WO.OO0 loan
fund, from which ship builders can
borrow money at per cent.
Reduction of income taxes on ship
ping corporations equal to 3 per cent
Of value of goods shipped under the
American flag.
Government to waive all such in
come taxes when the amount OF taxes
is to be applied to half the cost Of
new ship construction.
Establishment of regulations COM
pelling 90 per cent of all immigrants
coming to America to travel on
American ships.
Establishment Of a merchant ma
rine reserve comprised of sea-farlng
Americans in merchant marine serv-
Ice.
All government transportation to he
done in American ships, Including
army and navy transportation,
Extension of coastwise shipping
laws TO include the Philippine islands.
Direct government aid to be with
held when companies are earning
more than 10 per cent profit, or, when
government aid has been extended. all
over 10 per cent to be turned back to
the government.
Ten per cent Of all customs duties
to he devoted to revolving fund
(about S30.OOOOO0 annually to pro
vide means of extending aid.
Tonnage taxes amounting to about
$2,000o0O annually to be paid into
same fund.
Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1922-03-11

He was a bachelor. just entering
| MS thirties, a fastidious, critical. ex-
acting man by reputation. but showing
| MS best side to the Stricklands. They
mad vague idea that he was rich, ac-
cording to their modest standard. but
he apparently had no extravagant
tastes, and lived as quietly. or more
quietly, than they did. He liked soil
tude, books, music, dogs, and his fire
side. The old doctors one social en-
joyment was In visiting Peter, and
the younger man went to no other
place so steadily as he came to the
Ole house under the redwoods.
Morning, Peter!" said Doctor
Strickland now. smiling at him.
Have you had yours?"
MY house." said Mr.. Joyce, fastid-
lously, lis well-managed place. Say"
he added pursuing his lips to whistle.
as he looked at the rose tree, did
Tuesdays wind do that?
Tuesdays wind and Dad" Allx
answered. "Wm it go back, Peter?"
Il don't knowv' he unused.
walking slowly about the wreck. IF
we had lever down here, and some
fellow on the roof with a rope, may
be-"
Mr.. Lloyd is coming overw Alix
announced. Peter nodded absently,
but the mention of Martin Lloyd re-
minded him that they had all dined
at his house on the very evening when
the mysterious gale had commenced,
and with interest he asked:
Cherry catch cold coming home
Tuesday night?'
No; she squeezed In between Dad
and me, and was as warm as toast ("
Alix answered casually. How'd you
like Mr.. LloydT' she added.
Mice felow!" Peter answered.
Hes awfully nice" Alix agreed.
"WhO is hep" Peter asked curlously.
Where are his people and all thatY
His people live in Portland" the
girl answered. He's a mining en-
gineer, and he's waiting now to be
called to Ell Nido; he's to be at mine
there. He's lots of fun-when you
know him, reallyw
Talking of the new Prince Charm
ing, of course" Anne said, joining
them, and linking an arm in her I'M
cle's and in Alix's arm. Don't bring
that puppy in, Alix, pleasel Break
fast, Uncle Lee. Come and have an
other cup of coffee, Peter"
prince Charming, eh?" Peter
echoed thoughtfully, as they all
turned toward a delicious drift of the
odOr of bacon and coffee, and crossed
the porch to the dining room. 81 was
going down for the mail, but now I'll
have to stay and see this rose matter
through! Thanks, Anne, but I'll
watch you. Where's Cherry?" he
added, glancing about.
Cherry answered the question her
self by trailing In In Japanese wrap
per, and beginning to drink he, coffee
with bare, slender arms resting on the
table. Nobody protested, the adored
Il heard you all laughing, under
the window and it-woke-me-lpw
Cherry said dreamily.
1T seems to me-" Anne, who had
been cycling her uneasily, said lightly,
that some one know is getting pref
ty old TO come downstairs In that rig
when strangers are here p
1T seems to me this Is just as de-
cent as lots of thlngs-bathing suits
for instance" Cherry returned in.
Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1922-03-11
Second Defense Line.

THE relatively Of strength (nayaD
among the powers would be wholly
one of disappointing theory he
said, IF ours Is TO be a merchant
marine inadequate for the future. |
do not care TO stress it as means
Of defense. The war ana our en-
forced outlay have already stressed
that point.
"The merchant marine Is uniyer-
sally recognized as the second line OF
naval defense. 1t Is Indispensable
in time Of great national emergency"
The President reviewed ut length
the history Of Americas costly ship.
ping enterprise during the war
The outstanding lesson learned"
he said, "is that the government can
not prohtably manage our merchant
shipping. The most fortunate changes
in the personnel of management
would still leave us struggling with
a policy fundamentally wrong and
practically impossible.
"Hayng failed at such enormous
cost, / bring you proposal which
contemplates the return to individual
initiative ana private enterprise"
Those who oppose his plan, the
President observed, ought "in all
fairness" to propose something bet
tor
Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1922-03-11
Must Have seen.

Look me in the face, sir
He raised his eyes timorously.
Now, sir deny, if you dare, that you
married me for my money 80
ut must have been for your money!"
he faltered,-London Tit-Bits.
Life seems to be made up Of ardent
desires and vain regrets
Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1922-03-11
NOTHING Serious.

Prosecuting Attorney - Have you
ever been convicted of anything7
WineSS-Nes. sir, once.
Prosecuting Attorney-All right. tell
the jury what You were convicted of.
Witness-I was just convicted of
waiting on myself in a grocery store;
that's all.-New York Globe.
Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1922-03-11
MARTIN LLOYD.

svnopsis.-Doctor Strickland, re-
fIred. is living with his family at
MIN Valley, just out of san Fran
cisco. Anne, the doctors niece. is
twentv-four. Alix, the Doctors
daughter, is twenty-one. Cherry
the other daughter, is eighteen.
Their closest friend is Peter Joyce.
an odd, lovable sort of recluse. lie
is secretly in love with beautiful
cherry. Martin Lloyd. a visiting
mining engineer, pays court TO
Cherry and wins her promise to
marry him.
Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1922-03-11
nee.dsdLv Bne

Decidedly Blue.
The blue and tie gray--a woman
gith her hrs, white hgir
Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1922-03-11
TAKE ASPIRIN ONLY
AS TOLD BY "BAYER"
Slayer" introduced Aspirin to the
Physicians Over q
Years Ago.

To get quick relief follow carefully
the safe and proper directions in each
unbroken package Of 'Bayer Tablets OF
Aspirin" This package Is plainly
stamped with the safety "Bayer Cross"
The "Bhyer Cross means the gem
uine, world-famous Aspirin prescribed
by physicians for over twenty-ono
years.-Advertiseme
The New York herald., 1922-12-16
"A AMERICAN SMELLING
!. HEADS Big CONCERN
Afa
Will Consolidate Four Silver
y Producers in Parral Dis
trict, Mexico.

The American Smelling and Refining
Company has completed plans for new
company from the consolidation OF the
y. Alvarado Mining and Milling Company
Refugo Mining Company, Hidalgo Min
yting Company and San Juanico Mining
1fCompany, all silver producers in the gen.
eral vicinity OF the Parral mining district
- of Mexico. The American company will
buy $250000 of a $1,000, 600 preferred
= stock issue of the new company, VIII
name five of it's nine directors and
operate it's mines under ten year con-
\. tract with II. A. Guess, president of the
gu new company
~ In return the big company will re-
ceive 10 per cent. of the new company's
n common stock and small fee TO cover
New York office expenses American
Smelling will pay not less than $50 a
share for the $500 shares of preferred
stock of the new company. The latter
will have 10000 shares of preferred stock
rfof 500 par value and zoe, 900 shares of
q no par value common.
Among the property to be acquired by
M the new company are the Parral and
Durango Railroad, certain process pat
ents of the Alvarado company and GER
tain timber lands along the railroad.
[I Stock of the Alavardo company will
be exchanged for that of the new COM
pany on a share for share basis and
that of the other companies In smaller
ratio. Stockholders will act on the
proposed consolidation about the first of
Il. the year.
The New York herald., 1922-12-16
BUSINESS CONTINUES
TO BE SATISFACTORY
Wholesale Trade Quiet, g
's Seasonal Condition.

y Continued satisfactory conditions In
~ the general business world are noted in
at the weekly trade reviews made public
(" here last night. Bradstreet's notes 'hol-
iday buying. powerfully reinforced by
cold weather and snow: active employ
ment and the distribution of very large
Christmas club collections Of funds has
assumed first place in the trade situa-
tion; jobbing trade, except in quick ship
arnent buying to fill rush orders. easing
off, and wholesale trade proper being
quiet pending the approach OF the in
ventory period.
f Duns Review says that "holi1ay
(, trade is in fun swing. many stores be-
M ing crowded with Christmas shoppers,
and colder weather in the West and
Elsewhere. with snowfall in some places.
has further quickened retail distribu-
tion. Employment of workers has gained
appreciably. reports of idleness now be-
ing the exception: prices for leading
=. agricultural products have risen sub
W stantially. improving sentiment In farm
~ ing communities. and the banking posi-
" tion has been measuably strengthened"
The New York herald., 1922-12-16
U. $. steel Com mon strong.

The demonstration of strength in the
common shares of the United States
Steel Corporation received its impetss
from the belief that the company will
pay extra cash dividends in 1929 On
January i last the Steel Corporation
had profit and loss surplus of $685.
1926, 600. 1t ls estimated that the book
value of the common stock is $3.50 a
share. Thus an extra cash disburse-
ment or stock dividend is not consid
cred out of the question. In the first
nine months of the year the company
had a deficit of approximately $500. 900.
and IL is believed that this will be cut
down TO between $3000000 and 100000
during the current quarter. More than
$40. .OoO, 900 will be charged from earnings
for depreciation and sinking funds this
year. This amount is equal to approxi-
mately IS a share on the common stock.
The New York herald., 1922-12-16
OR MILLS e CIBB co.
CREDITORS TO BE PAID
Will Get Full Claims and
Interest.

Creditors OF the old Mills & Glib busi-
ness. which failed in May. 1915, for
$3,200.O00 and which was successfully
reorganized the following November by
the payment Of 35 per cent in cash to
unsecured creditors and 40 per cent. in
cash to bank creditors holding indorsed
paper, are now to receive 100 per cent.
In cash for their notes and an additional
payment for their certificates of bene-
ficial interest equivalent to per cent.
on the notes from date Of issue to date
of payment.
This has been made possible by the
purchase of the entire capital stock of
the Mills & GLIB Corporation (the OPP
Grating company under the reorganiza-
tion) by George r. Fogarty and his as
sociates. who have been actively en-
gagged In the operation of the business
since the reorganization. The closing
is to take place on February 10. 1928.
and the price will be sufficient to pay
all of the outstanding notes of the NJ.
and G. Properties Company. Inc. which
were issued TO the creditors of the old
Mills 4 Glib Company of New Jersey,
100 per cent in cash. Creditors will re-
ceive full payment Of their original
claims and 4 per cent. interest In notes
bearing interest at per cent. payable
in five years.
The New York herald., 1922-12-16
Progress on Reading Plan.

Advices from Philadelphia received
here yesterday indicated that good head
way is being made In getting together
the notifications to the Reading segre-
cation plan as ordered by the Supreme
Court. 1t is believed that there Is a
possibility that the plan will be SUBJ
mitted to the district court there before
the end of the year. IL Is said that the
committee of the Reading company and
the various protective committees of the
bondholders are in active negotiations
looking toward an agreement covering
certain portions of the plan which affect
the bondholders.
The New York herald., 1922-12-16
TOPICS OF WALL STREET.
Few victory Note. Redeemed.

The last interest day of the Victory
AZ per cent. notes. called for redemp-
tion by the Treasury Department closed
yesterday with only approximately 20
per cent. Of the entire issue of $70O, ,000.-
0O notes turned in for payment. About
S250.000,000 of the notes were held In
this city and less than 25 per cent. were
redeemed. Officials of the Federal Re-
serve Bank figures that the redemptions
throughout the rest of the country were
In no greater proportion. Subscription
books for the new S700.000.0 issue Of
United States short term notes were
closed yesterday. No estimate Of the
size Of subscriptions to the issue were
obtainable.
The New York herald., 1922-12-16
A Reelection of Prosperity.

Officials Of the Treasury Department.
and the Reserve banks have been
amazed at the failure of holders Of Vic
tory notes to heed the call for their re-
demption. Holders Of the bonds have so
far been too busy or too careless to re-
deem their notes. Bankers say that such
a condition must reflect prosperity, be-
cause II the public was short Of money
1t would be glad to realize on it's bonds.
The Government now will be compelled
to set aside reserve to pay these notes
as they dribble In. A large number Of
the notes. having been lost or destroyed,
never will be presented.
The New York herald., 1922-12-16
stewart Warner.

Estimates based on the earnings Of the
Stewart Warner Speedometer Corpora
ton for the first three-quarters of the
current year indicate that the COM
rany's net income for 1922 will be in the
neighborhood of $5.7 5000. After Federal
taxes and dividend requirements Of
s21.16S on the Stewart Manufacturing
Company's $264.600 per cent preferred
stock. this would be equivalent to SO. AZ a
share on the capital stock of Stewart
Warner. The management reports that
sales and earnings In the current quarter
are at the same rate as those of the
second and third quarters. which are
ordinarily the most active periods. A
total Of n share in dividends has been
paid by the company this year, and its
directors virtually have assured stock
holders that the annual rate will be in
creased to IS next year.
The New York herald., 1922-12-16
Pennsylvania shop Extension.

AS a result Of the present construction
program at the Altoona shops of the
Pennsylvania Railroad 1t is said that
when completed the enlarged plant will
add several thousand men to the $4,000
now on the payroll. In addition to the
repair of locomotives the Altoona shops
also build new power units and soon will
supply certain parts of engines used in
other shors throughout the Pennsylvania
system, an innovation which is designed
to save both time and expense.
The New York herald., 1922-12-16
Fewer Bad order Cars.

1t is understood that the forthcoming
report covering the percentage Of bad
order freight cars will show ,consid.
cradle decrease from tho last previous
report. The efforts of the railroads to
place their equipment in good repair is
said to be gaining satisfactory results
although 1t is felt here that it will be
several months before the percentage is
back to normal. Improvement is also
being noted in the locomotive situation
To attain their good results the roads
have been working their shopmen in two
shifts in some cases.
The New York herald., 1922-12-16
Pierce Arrow Sales.

Sales of the Pierce Arrow Motor Car
Company in the last twelve months
have shown steady increase that JUS
titles the prediction that the company's
1923 sales will double those of the cur
rent year. according to dispatches quot
ing M. r. Forbes. president Of the COM
pany. In the first eleven months Of 1922
passenger car sales showed an increase
or 40 per cent. over the corresponding
period last year. In the last half Of the
year 1t is estimated that the gain over
the last six months OF 1921 will be close
to 80 per cent Truck sales up to De-
cember l of the current year were s5
per cent. more than those of the 1921
period.
The New York herald., 1922-12-16
Embargoes by Roads.

Despite the fact that the roads in the
East are moving coal at a. steady and
considerable rate 1t Is expected in local
circles that the embargoes effected after
the start of the anthracite coal move
ment will be continued throughout the
winter months. 1t is pointed out that
cold weather decreases the efficiency of
locomotives about 25 per cent, and for
this reason the roads will afford them
selves leeway through a continuation of
embargoes with possible notifications.
The New York herald., 1922-12-16
Money Advances Again.

Coincident with the withdrawal from
banks in this district of S67. .000, 900 Gov
ernment funds there was a slightly
firmer tone in the money market. Call
money in the New York Stock Exchange
opened at per cent. and then advanced
to per cent. In the time money mar
ket loans for sixty days were placed at
Az and thirty day loans were trans
acted at Az per cent.
The New York herald., 1922-12-16
SOUTH AMERICA.
CANADIAN EXCHANGE.

New York funds In Montreal. s4S pre-
MUM . $1,000 Montreal funds In New York
si.06 discount 81 900.
The New York herald., 1922-12-16

NEW VAN RAALTE DIRECTOR.
Sidney J. Weinberg of Goldman, Sachs
& Co. has been elected director OF the
Van Raalte Company.
The New York herald., 1922-12-16
COMMERCIAL PAPER.
CLEARING HOUSE sTATEMEN
SILVER MARKET.

N Clearing House cxchanger, $500. 900 600
balances. sos. 600, 900; Federal Reserve crcdi
ma in nee s15. 600 600
The New York herald., 1922-12-16
MONEY MARKET.

FRIDAY. DECEMBER IL.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-12-21
PASSION PLAYERS PREFER
POVERTY TO LOST IDEALS
oberammereau Actors Suffer Be.
cause Of Marks Drop

; London, Dec. 2l.-,By \. PD-
Times are hard in OberammerGau as a
consequence Of the marks depreciation.
hut the Passion Players are enduring
Ioverty rather than sacrifice the trndi
ions OF So many years by accepting
.'he offers Of motion picture companies
Jnd theatrical managers to give their
play abroad
Bourgomastcr Wilhelm Ritz. in mp.
pealinG to English friends of the play.
ers TO buy their wood carvings rs a
means Of augmenting their income. says
in letter published here that the
parish, after dedUcting expenses has
the equivalent of approximately only
$1,000 nS it, rot return for the Pas.
sion Play Of lH22. The gross receipts
were q ,0D,0 marks, equal 10
1880. In 1910 the play nette,.
! 300, ,0oo marks. or III 500
The players have refused American
offers for the film rights of their play.
r which would have put them in posses.
: sion of more wealth than ever they
dreamed OF owning.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-12-21
SPEEOERS AT DETROIT
PUT UNDER MENTAL TEST
Psychiatrist Examines Motor. Law
Violators; Many Sent to Jail

Detroit. Dec. 2l.-Twenty- per =
sons charged with driving their auto
mobiles faetcr than the law allows. and
two others charged with driving through
safety zones, were examined by DR.. "A.
l.. Jacoby. city psychatrist. Yesterday y
to determine their sanity. The exami-
nations were ordered hy Judge Charles
l.. Bartlett in Recorders Court and
sentences were withheld until the court
had received the psychiatrist's report
Three of those examined. we're pro-
nounced inferior in intelligence by Dr.
Jacoby. They were ordered to return
In one week for further examination.
Fourteen persons who we're pronounced
mentally sound were given jail sentences
md fined. The sentences were mostly
for one or two days.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-12-21
GARBAGE WAR WON
BY ARLINGTON FOLK
"Curb-Line" Plan Will Be kbol-
ished on "Civic-Beauty"
Principles
OLD YORK ROAD NEWS

Abingdon Township housewives will
doubtless be pleased with the 1929 order
OF things. as related to tho dsposi-
tlon of garbage in that district. for n
new resolution becomes effective with
the new year. Officials declare the new
order is nm absolutely necessary one.
Contractors who have had the work in
charge this year wanted ruling by
which all garbage or kitchen refuse
carriers must be placed along the curb
line fronting homes They said many
alleged service complaints made bv
women were unfounded that the
women expected tho men to even re.
.- move garbage pals from cellars and
other hidden places. and that in many
cases containers had heen placed in
exposed positions. contents frozen and
therefore. impossible Of removal.
Commissioner Secretary r. RAY.
( mond Amber had conferences with
prospective bidders for the 1923 con.
[" tract. and opposed the curb line"
(, idea on civic beauty principles, If for
/, no other. An agreement was finally
Z reached by which the contractors will
he satisfied with adoption OF resolu-
~ tlon releasing said contractors from re-
i, sponsbility unless the containers.
/. properly covered. are placed near the
Z. kitchen entranrrway aud accessible to
z the collectors.
= Growth Of tho suburban township il
. indicated in the fact nm appropriation
Z considerably in excess Of $4,000 will be
Z necessary to pay for til" collection. The
=, contract will he awarded prior TO Jan.
'nary |. and the new resolution adopted
!, IN time to brcomes effective with the
new year.
+. Appointment of Joseph W. Hunter.
Of Je"kintown. to be State Highway
: Commissioner under the pinchot regime
!, Is being urged. particularly by residents
I Of Montgomery and Lancaster Counties.
{, Hunter has been connected with the
). Highway Department, in an executive
! capacity. for many years.
> Patrons of the Abingdon Township
Il schools attended the December Meeting
? OF the Parent Teachers Association. OF
!" Arlington, at that place yesterday. ana
.jheard an address on educational sub.
: .jects, By Helen Amoisen. who is identi.
fled with the Collingswood. y. j..
schools.
- Lower Gwynedd School District bonds
;, are in demand. as evidenced in the re.
cent fotation Of an issue amounting
3 TO $40, 600. With several firms bidding
: for the issue. the entire fiotation went
' ITO a Philadelphia firm at Sl02 - per
500. netting a fair premium for the
district.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-12-21
pArGRERTy wGMAN, AssIsTANr MAY

Mrs AIable Walker WRshiigtun may be
brought even more prom nently Into the
public eye during the threatened iinpeach-
ipsnt proce.dings Constance DreEei, spe-
rial PUBLIC LEDGER correspondent. writes
frequently Of news OF interest 10 women, OF
national and International importsnee. In
yhe columns. OF The PuBLic LEDGER Mako
II uAblt."-Adv.