davidaulloa/AmericanStories huggingface dataset:
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
THE FIGHT TO SAVE FOUP-
POWER PACT COMMENCES
Comparison Of the League Of Nations
Plan with the Four-Power Pact
Is Made by Speaker.

Washington, d. C.-There is no al.
lance in the four-power Pacific trea-
ties nor any obligation to use force,
Senator New Of Indiana, republican
member of the foreign relations com.
mittee, declared in opening in the sem
ate discussion of the treaties on behalf
Of the administration.
Replying to criticism of the treaties,
Senator New, a close personal friend
of President Harding, declared that
the four-power treaties gave safe
guards for peace to the United States
eighty. Senator New made a detailed
comparison of the treaties with the
league Of nations plan and asserted
that the treaties were cooperative"
while the league, he said, was "dras-
tic and compulsory and required sub
mission of all questions to a council.
Instead of threatening, injuring or
impairing our liberties, free institu.
tions, independence and sovereignty,
this treaty (the four-power measure)
CAuo w IL VI olA VI V
said Senator New. He emphasized
that rejection OF the fOur-power treaty
would continue in force the Anglo
Japanese alliance with it's menace to
America.
Regarding the treaty provision for
conference and determination OF pro-
cedure in case of aggression, Senator
New said that the Root-Takahara
agreement contained a similar clause.
1--WE have had for a decade an obi.
CATION with Japan couched in practi-
cally identical language and yet no
body heretofore has suggested that
this constituted anything resembling
an alliance" he said.
Certainly during the 10 years of its
existence this has led us into no trou-
bles, no embodiment, no operations
under a military alliance"
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
Holy City i'm Early DAYS.

Ancient Jerusalem stood on four
hills, now almost entirely nodded to-
gether, and the intervening valleys
filed with debris. Mount Zion is that
height on the southwest, the city of
David, made conspicuous today by the
towers Of the German ecclesiastical
buildings for which the former kaiser
gave the land. Mount Moriah is on
the East, the site Of Solomon's temple,
separated from Mount Zion by the
valley Of the TyropOeon, Mount Be-
zetha Is on the North and Mount Akra
on the northwest, the two latter repre-
senting the crowded quarters of the
modern city.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
BUSINESS STILL IS
KEEPING HEAD Up
UPWARD TREND REPORTED ALL
ALONG THE LINE
WHOLE NATION TAKES BRACE
Favorable Reports Reach Washington
From Widely Scattered Local.
ties of the Country.

Washington, d. G. 49, Favorable re.
ports from widely scattered localities
Indicate an Improvement in business
conditions, according to a bulletin is
sued by Arthur Woods. chairman of
the emergency committee of the ma
.ional conference on unemployment.
Reports indicative of the nation
wide upward trend, Mr.. Woods said,
had been received from a number Of
cities, including Omaha, Sacramento
and San Francisco, in the west and
many eastern centers.
There is every reason to hope
that the worst is over and at no time
has the situation been as bad as all
Indications pointed last summer" Mr..
Woods said.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
Ijouor "PIot" Barred.

New York.-Details became known
of a scheme to flood the country with
thousands of gallons OF whisky with
drawn from bonded warehouses on
forged liquor withdrawal permits. The
three alleged conspirators we're taken
into custody by government agents,
but after they had been questioned by
secret service men and the United
States district attorneys office, they
we're released because, it vas ex-
planned, the evidence was OF such
character as to make conviction be-
fore a jury doubtful.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
COAL MINERS STRIKE MAY
BE EXTENDED TO CANADA
Nova Scotia Workers Advised by Their
Leaders Not to Accept a Com
promise Scale.

Chicago.-If the threatened coal
strike actually m April 1 it may
spread across the Canadian border.
international aspects Of the coal sit.
uation were developed when John l..
Lewis, head of the United Mine Work
ers or America, received. at Indian
apolis a message from Robert Livett,
of Calgary, Alta, reporting that oper-
ators in western Canada had refused
to go into joint conference to nego-
tate new wage contracts. A strike
referendum, he said, is being taken
among Canadian miners. In Nova
Scotia, a possible strike of IL, 200 min
ers, developed when j. b. McLachlan,
secretary-treasurer, and two board
members Of district 26 Of the mine
workers declined to sign a letter adj
vising the mine workers to accept a
compromise wage offer for a 90 per
cent cut make by the British Empire
Steel corporation. The Nova Scotia
workers will vote on the proposal
March II.
One basic trouble in the coal situa-
ton is the overmanning Of the in
dustry. Operators estimate that be-
tween 10000 and 10000 more men
work in the bituminous mines than
are actually needed, or, rather, than
would be needed if the mining bust.
ness were efficiently organized.
Employment is more subject to
~fluctuatiOn than perhaps in any other
line Of work. And the coal consumer
has to pay for the period of idleness,
for in fixing wage scales the annual
earnings of the mine workers are the
real starting point. Just as the build
ing crafts, whore the brickiayers ordi-
narily get a larger hourly scale than
the carpenters on the ground that
their working year is shorter, the
slack" season in coal goes on the fuel
bill in the form of wages. During the
strike Of 1919 the fuel administra.
ton, in a memorandum to the White
House, set forth that the average
wage Of the lowest paid group among
the mine workers, except boys, is
about $3.50 per annum, that is, nearly
$50 a month for IL months, working,
however, about 200 days in the year.
These are unskilled day laborers. The
similar class Of laborers on the rail.
roads receive about 5000 per annum,
working about 800 days in the year.
Since then the wage rates have
been increased, but the fundamental
fact remains that ordinary labor in the
mines, in normal times, drags down
for 200 days or less work a year., as
much as similar labor does for 800
days work in other lines, and, in fact
somewhat more.
But during the business slump, the
mines have been struck SO hard that
even at high wage rates the workers
have suffered a great reduction of
earning power. In the coal fields last
summer men spoke of being able to
earn IS to SIS a day, but in many in.
stances they were fortunate to get
one or two days work a week, as in
the Peoria field. In the nonunion
fields where wage rates began to move
generally downward last fall, the min.
ers have had more steady employment
than elsewhere. AS to how their act
ual weekly earnings compare, how
ever, no authentic figures seem avail
able.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
To Stop Floating Saloon.

New York.-Ralph A. Day, prohibit
ton enforcement director for New
York, has gone to Washington to con-
fer with Prohibition Commissioner
Haynes in regard to preventing es-
tablishment of a floating liquor pal.
ace" outside the three-mile limit, with
a ferry service to New York.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
Seed Grain for Russians.

New York.-The purchasing com
mission for Russian relief appointed
by President Harding, announced the
purchase OF $4,000 bushels of seed
rye. 1860. 600 bushels of corn and
$3.50 tons of corn grits, for shipment
to Russian famine sufferers. 1t will
be paid for out of the $4,000, 900 con
gressional appropriation.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
Irish Troops Seize Hotels.

Dublin.-Units of the Irish republi.
a army from Cork, Tipperary and
Glare, arrived in Limerick and com.
Wandered the principal hotels. The
men said the incursion was made with
the purpose of upholding the recent
proclamation Of the brigadier of the
mid-Limerick Irish republican army
declaring for a republic, in connec-
ton with general headquarters, took
disciplinary measures.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
Heir to EarIdom Calm.

Chicago.-Cyril Woodward Clubley
Armstrong, self made Chicago lawyer,
whose struggle for a living has been
only moderately successful, was in.
formed that he is sole heir TO an Eng.
fish earldom, but the news had little
effect on him, for he calmly informed
newspaper reporters that he already
possessed the greatest title in the
world-that of American citizen-and
desired no other.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
Army OF Workers Grows.

Detroit, Mich.-The number Of work
ers employed in the chief industries
here was almost doubled since March
1, 1927, according to a report made
public by the employers association.
An increase of 1864 workers was
shown for February, as compared with
January.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
Officers Held as Thieves.

San Francisco.-The employees of a
burglar alarm protective service
were arrested here in a women's nov
city shop and 800 worth Of feminine
lingerie, which officials stated they
were in the act Of taking, were re-
covered.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
Robbers Loot 5000 Cash.

San Antonio, TeX.-Twenty thous-
and dollars in gold, silver and curren-
cy and $4,000 in state and county
bonds, together with jewelry, with an
official estimated value of several
thousand dollars, was stolen when
five bandits robbed the New Braun
felt State bank, 30 miles north Of
here, and escaped in an automobile.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
Ex.champion Boxer Slain.

Seattle, Wash - Johnny O'Leary,
former Canadian lightweight boxer,
was shot and killed here by r. Frank
Leslie, a ship worker, who later sur
rendered to police. Leslie told offic-
ers O'Leary and another man had at.
tackled him, O'Leary with a piece Of
pipe and the other man with several
large rocks.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
Youths Hold Up lunchroom,

held up a cafe near Sixteenth and Far
nam streets and escaped with $500
after locking the night manager in an
ice box. Five minutes after the rob.
berry the manager was released by two
policemen, who entered the place for
lunch.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
SIeioh Overturns: Five Drown.

Winona, Minn.-Mrs. Gunder Midboe
and her four children were drowned
while her husband and George Wes-
land, a neighbor, escaped when their
sleigh, drawn by two horses, over
turned in fording Beaver creek, near
Caledonia.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
Still Face Strike Threat.

Columbus O.-Unless coal operat-
ors and miners meet in joint confer
ence within the next week, a nation
wide strike Of miners, probably one of
the most serious in history, was pre-.
dicted by President Lee Hall. of the
Ohio miners union, upon his return
from Indianapolis.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
Texas Mob Tars Priest.

Amarillo, Tex.-J. G. Kellar. Catho-
lie priest at Slaton, who was seized by
masked men at that town and beaten,
tarred and feathered, authorized the
statement here that the incident was
the climax OF sentiment due to pro-
German accusations against him dur.
ing the world war.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
New cuatemalan President.

Washington, ID. Close Maria Orel.
lana, recently elected president Of
Guatemala, was in%augurated at Guate-
mala City, according to advices re-
ceived here.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
Beet Sugar Advances.

Denver, Colo.-The wholesale price
of beet sugar was advanced 10 cents
a bag by the beet sugar manufacture
ers of Denver. The new price is $5,10
a bag, seaboard basis.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
U. S. Presents Rhineland Bill.

Paris.-A demand from the United
States that s241, 600, 900 for it's ex-
penses in connection with occupation
of Rhineland be paid before any rep
arations were paid was presented to
the allied finance ministers.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
Give Cardinals More Time.

Rome.-A papal decree will be an
bounced shortly extending to Is days
the interval between the death Of a
pope and the beginning of the sacred
conclave to elect his successor, Car
dinal O'Connell, archbishop of Bos-
ton, said.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
Shaved Lincoln and Grant.

Fond du Lac, Wis.-Louis Weitzel,
pioneer barber, who shaved Presidents
Lincoln, Mckinley and Grant, is dead
at the g of rs years. He was in the
business for 60 years.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
Dr.. Work Takes HAYS Place,

Washington, ID. Cdr. Hubert
Work took the oath of office as post
master general, succeeding Will H.
Hays, who had been a member Of the
cabinet for one year to the day.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
New York Brokers Fall.

New York. - An involuntary petit
ton in bankruptcy was filed against
the Russell Securities corporation,
stock brokers. The petition made no
mention of assets or liabilities.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
Minister 10 Ecuador.

Washington, ID. CA.-Gerhard A. Bad.
ing. former mayor of Milwaukee, Wis,
was nominated by President Harding
to be minister to Ecuador.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
~ 8. Marshall for N. OAK.

washington, ID. C.-James F. Shea
was nominated by President Harding
70 be United States marshal for North
Dakota.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24

There Is something funny about q
rabbits ta~il-prObably because brevity
Is the soul Of wit.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24
lmnoxfan& "a Mothers

When a young mans best girl ex-
presses a wish it's up to him to pay the
charges.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24

If we could see ourselves as others
see us the brotherhood Of man could
be fastened.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-03-24

1t Is easier for the average woman
to make up her face than her mind.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1922-04-26
s14O,OOO,OOO BONDS
QUICKLY SUBSCRIBED
Investors Rush for CaEadian
Loan and Empire Gas
Issue.

More than s14o.00o,000 OF new bond
issues offered yesterday were oversub-
scribed so heavily that the underwriters
were busy far into last night tabulating
returns. Both the 500, o00.0 900 Canadian
thirty year per cent. and the 100000
0Oe Empire Gas and Fuel fifteen year
tx per cent. issues were absorbed by
investors in less than two hours after
the official opening OF subscription
books. Several smaller bond offerings
were also quickly sold. The response of
investors was taken as an indication
that the investment market is still far
from the saturation point despite the
first of the year.
bonds were sold at 100 by large syn
dictate headed by j. p. Morgan & Co.
Halsey, Stuart & Co. managed the syn
dictate which brought out the Empire
Gas and Fuel bonds. The yield basis on
these bonds was regarded as unusually
attractive in present money market con.
ditions, the bonds being sold at 1914 ia
net 7.65 per cent.
The market for outstanding issues
continued buoyant and active. Add
tional gains of from fraction to more
than a point were common. New highs
were made by Hudson and Manhattan
SIS, Frisco Adjustments, Chicago and
Alton 8 rs and Wilson & Co. rs. New
York Central debenture IS sold at log
and American Sugar Refining IS reached
par.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1922-04-26
New Rail Projects.

The Delawer and Hudson Company
has been granted authority by the Inter
state Commerce Commission to issue
$500, 900 of its fifteen year g. per
cent gold bonds. They are to be sold
for not less than 95 per cent. OF par.
The Illinois Central and the Chicago
st. Louis and New Orleans railroads
have been granted authority by the In
terstate Commerce Commission to issue
sl,924. 400 of their joint first refundng
mortgage per cent. bonds of series A,
which. when authenticated, are to be
delivered to the Chicago, st. Louis and
New Orleans Company and by 1t 10 the
Illinois Central as r-..nsufscmeEt fo,
advances made by the latter to the
former.
The Colorado and Southern Railroad
has been granted authority to assume
liability for s1.425,000 of 5h per cent.
certificates to be issued by the First
National Bank Of New York and sold
for not less than $4,000 per cent. of par
In connection with the purchase OF 1000
gondola coal cars and 200 refrigerator
cars.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1922-04-26
Michigan Genital 3 rs.

The Michigan Central Railroad Is con-
trolled by the New York Central Rail-
road and It's road forms an important
part of the latter system. The New
York Central owns s16,S1a.300 of the
$1S.738,000 stock of the Michigan Cen
trail. The Michgal Central's first
31as. due I'm 1852. rank high among
strong underlying long tenn bonds and
are legal investments for savings banks
and trust funds in many States. The
bonds consequently do not offer a very
high return to investors. although under
present money market conditions yield
of approximately 4.69 per cent. on an
investment is not considered too low.
The Michigan Centrafs 3 Us arc secured
by a first mortgage on 272 miles Of
double tracked road from Detroit to
Kensington, ILL.,, fourteen miles from
Chicago. The company also has track
age rights over the Illinois Central into
Chicago These bonds were offered
originally for 103%. in contrast to their
current prices Of around 81.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1922-04-26
Dominion Coal First Is.

An interesting Canadian industrial
issue, which has found a good market
in this country, is the Dominion Coal
Company, Ltd. first sinking fund IS,
due in 1910. Those bonds are listed on
the Boston, the Toronto and the Mon
treal stock exchanges and are dealt in
extensively over the counter In this city.
At their current prices. they yield APP
proximately $50 per cent. The COM
pany is owned, through control OF Its
common stock, by the Dominion Steel
Corporation, Ltd. The Dominion COM
pany owns or holds under lease areas Of
the best coal lands in Nova Scotia, esti-
mated 10 contain more than 5000, 100000
tons OF coal and collieries having an out
put of 1880, 900 tons year The bonds
are a first lien on all the company's
property Its current earnings april
cable to interest are more than seven
times the interest requirements on the
bonds. "A sinking fund, payable semi
annually, provides for payment of prac-
tically all the issue by its maturity.
There arc outstanding S5,706,000 of the
bonds out OF an authorized issue OF
81 900 900
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1922-04-26
American sugar 6s.

Although well secured bonds should
not be influenced by bad earnings, in
vestors are usually timid about pur-
chasing even fixed income securities of
corporations engaged in an industry
passing through bad times. That is the
reason that the fifteen year gold 6s or
the American Sugar Refining Company.
due in 1887. are selling for prices to
yield more than 6 per cent Until the
recent great slump in the sugar indus
try the company always had been able
to finance its requirements out of its
earnings and through sales of its
stock. At the beginning of this year,
however, the corporation found 1t neces-
sary to sell 100000 of its fifteen year
G per cent. bonds to pay off it3 current
bank Indebtedness. which thus prac-
tically was eliminated. These bonds
are direct obligations of the company,
but are not secured by mortgage. I'm
der the provision OF the indenture. how
ever, the company covenants not to
mortgage or pledge any of its fixed as
sets without at least equally securing
this issue.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1922-04-26
OTer Realty Securities.

@. l.. Miller & Co., Inc. Atlanta. Is
offering a new issue Of s350.000 of first
mortgage 5 per cent. gold bonds secured
by a first mortgage on the new Rich
mond Hotel Augusta, Ga, equipment
and leasehold, valued at S650.000. and a
first lien. after leasehold and taxes, on
its net annual earnings. estimated MT
$50, 600. The bonds are dated April i.
1922. and run for two to fifteen years.
They are callable at los and accrued
interest.
@. l.. Miller &. Co, Inc. announce the
oversubscription OF "A new issue Of
s125,000 of first mortgage per cent.
bonds. secured by the new Helene
apartments. Miami Beach.
The Lawyers Mortgage Company IL
offering $4,000 OF guaranteed first
mortgage certificates. to mature in a
year to five years. at prices to return
VI per cent
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1922-04-26
Oner States and MunicfpaIs.

Blyth. Witter & Co. have purchased
S396.695 of 6 per cent. bonds Of Re-
| clamation District No. 1901, California.
| maturing in 1888 to 194S, inclusive.
which are being offered on 5L per
cent. basis That firm has bought and
| is offering on a 4.40 per cent basis
100000 OF city of Piedmont, Cal, per
cent. bonds. due in 1927 to 1916, inclu-
sive.
r.. Fl. Rollins & Sons are Offering
| S150,000 of city of Utica, N. Y, Az per
cent. Improvement bonds, due serially
on April 1. 1923. to April 1, 1912, inclu-
sive. Their principal and interest are
payable at the City Treasurer's office In
New York exchange.
Il. J. Van Ingen & Co. are offering
S1,000.000 OF city of Charleston. S. c.,
Az per cent. direct obligation bonds,
dated January l. 1929, optional on Janu-
airy /, 1912. and due on January /, 1862,
| at 102, to yield about Abs per cent.
| They are exempt from Federal income
/ taxes.
ii. L. Allen & Co. and b. J. Van Ingen
& Co. are offering 100000 Of the Bor-
ough OF Essex Fells, N. j., per cent.
| electric light and water bonds due In
July. 1923. to July, 1860. inclusive, at a
price to yield 4.50 per cent.
| b. J. Van Ingen & Co. are offering a
new issue of $4,000 of city OF Camden.
N. J. Al per cent. water bonds, matur-
ing serially on May l. 1923, to May 1,
J 1861, at prices to yield 40 per cent.
They are exempt from Federal income
taxes and are legal investments for saw
ings banks and trust funds in New York.
Massachusetts,, Connecticut and New
Jersey.
A block Of $4,000 of the city OF
Shreveport's s per cent. direct obligation
bonds, due serially on February /, 1929.
to February /, 1861, are offered by Rich
ards, Parish & Lamson. and Hemphill.
Moves & Co.. at prices to yield Az per
| cent.