davidaulloa/AmericanStories huggingface dataset:
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-08-15

into the office In fact, he must
have gone. Elsie heard him" He
stopped and repeated slowly. "She
heard him-at least she says she did
But II he was there. he came out
again by the door"
We'll. but where does that lead
your"
Where It led Mark. The passage"
DO you mean that he's been hid
ing there all the time?"
Antony was silent until Bill had
repeated his question. and then with
an effort he came out Of his thoughts
and answered him.
Wed better make certain. Could
YOU be a sleuth-hound. Bnl-one Of
those that travel on their stomachs
very noiselessly? 1 mean. could you
get near enough 10 the pond TO make
sure that Cayley is still there, with
out letting him see you?"
Rather" He got up eagerly
You wait"
Antony's head shot up suddenly
why that was what Mark said. -
he cried.
Mark"
Yes What Elsie heard him say"
oh that"
Yes I suppose she couldn't
have made a mistake. Bill? She did
hear him ?"
she couldn't have mistaken his
voice. II that's what you mean"
"Oh?"
Mark had an extraordinary char
acterLstic voice"
"Ohi"
Rather high-pitched, you know.
and-well. one can't explain. but"
''Yes?"
Well. rather like this. you know.
or even more so II anything" He
ratified these words of in Marks
rather monotonous. highpitched
voice. and then laughed. and added
in his natural voice. Il say. that
was really rather good"
Antony nodded quickly That
was like it," he said.
Exactly"
Yes" He got up and squeezed
Bits arm. We'll just go and see
about Cayley, and then Wen get
moving. I shall be IN the library"
Right"
Bill nodded and walked or in the
direction OF the pond. This was
glorious fun: this was life. The I'm
mediate program could hardly be
bettered
To Antony. who was older and
who realized into what deep waters
they were getting. it did not seem /
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-08-15

Country folk appreciate radio
most.
They do not have the varied
forms OF entertainments which
their city brothers enjoy and are
therefore much more appreciative
OF the programs broadcasted by the
larger stations
They can ris up their sets easily.
In most cases. supports for the an
tenna wires grow near the house If
not, the wires Of a fence, when Prop
erly arranged. make a very good
aerial. There are no steel buildings
TO absorb the feeble impulses
No Lightning Fear.
The farmer has no fear Of light
ming. He has lived I'm the open with
If. He knows that the wires which
pick Up the radio signals Will bring
no more lightning than the tele-
phone line
During winter months when life
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-08-15
lContinncd From Onr Is Issuel h
.AAMILNE

fro,.;.,,.,,-s -, 49,. 80. Ve.....,N
,-.,-i.,,,- go - -
.. 80 49,. ,.--, -
80
-. 1,.,-.--.l - -- nc, =,
-''' ~
go. ' 80. - ~, -, {,
80. 49,
5 - 49, ,.'.., 10 a. ny 'l's.'..'
a.. =. 49, -,,-.--,--- - Ca,.Io,',.
49,. - 49,. o-.~o ,,,,,- =, oo.oo-.
-. ~, -. -.
49,, .--a,,.,4 A. go. 49,. -,
,,.t.,,. ~. -.,. t.r..-,,-i,- ~. -.
~. -, - - -. 81
,,,,,s. --S5o1I,. No.. -or,o~, 49,
,.i.t v-r.+ -bocI-, no ~,fs+at,.
-, ,.oL- z,-5- -. 80 -.
-, t.s+ 80,
,-..-.-.- 49,
-, ~ -o-.-t,.l'..l
49, -. ..,~-.stt,~ - 49,,
- 80 - -,=,-s-,,-, W. -
-. =. a.. 30 10 80, -
- ''1 VI
- -. -. - 81.
- -. -. - - -.
49, No.. - - - mn =
49, ~.,.,s..,- - ,,,,,,s 90 .o..f-,
49, - - -
81 49, - -. 80
- - -. -. -,
- 40 -. -. t-.sos.,,,io
~ -. -. - e. A.. - 80
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South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-08-15

transmitting and receiving stations.
1t is observed particularly on short
wave lengths, at distances from the
transmitting station which are some
10 10 20 percent OF the normal
transmitting range OF the station.
Another word for fading is swing
ing"
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-08-15

who is in charge Of the work OF
spreading this wireless chain
throughout the empire, reports es-
"a Enlistment OF stations will be
started first in the Far East.
There will be large wireless tow
ers in India, South Africa, Austria
liza. Canada, Egypt, East Africa
West Africa, Ceylon. Singapore
and Hong Kong. After these smaller
stations will be considered for the
remaining dependencies and protec-
torates.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-08-15

fun. But il was amazingly interest
ing. 1t was like looking at an opal
and discovering with every move
ment OF it some new color, some new
CLEAN Of light reflected, and yet
never really seeing the opal as a
whole. His brain could not get hold
Of IT,
But there were moments when he
almost had it-and then turned
away from it. He had seen more Of
life than Bill. but he had never seen
murder before. and this which was
in his mind now. and to which he
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-08-15
BY PAUL n. GODLFY

Bf PAUL II. COOLEY
Americas Foremost Radio Authority
Many city folks who have grasped
at radio as a delightfully."- fascinat-
ing novelty may be expected to tire
Of IL soon.
Their efforts toward getting the
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-08-15

best out OF radio
meet frequently
with discourage
ment. Electric
elevators. flash
ing signs, steel
b u + ! d / n & s.
cramped quar-
{ e r s and light
ning-shy ] "A n d
lords - all bar
them from pleas
ures which are
experienced by
their more fortu
nate brothers in
the suburbs. the
small village or
the farm.
nnrnrnciafn "a din
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-08-15

Money 90 loan on new South Bend
hcmes. First morta ges. Inquire
Conservative Life Insurance Co.
Home Office. South Bend
Advt -219-tf
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-08-15
RADIO PRIMER

FADING-A rapid variation Of
the strength of signals from a given
transmitting station, the same cir
cult adjustments being used at the
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-08-15
THE VALENTINE
i a good mid cigar 213-tf

Saiv. the worlds greatest harr-
ISL. at Winona Lake. Aug 11-Adr
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-08-15
89c Specials

Kimono Silk SO inch. in dark patterns;
$1.25 value, yard .........8 9c
Individual Towels, red border; very spe-
cial, dozen for NEUTRALITY-SUSPICIOUS.. 89c
Dress Aprons in light and dark percale,
rc-rac and braid trimmed; special 89c
Imported Dotted Swiss. 81 inch, variety
of colors; $1.50 value, yard .... CSC
Japanese Lunch Cloths, 48 inch, in blue
figured patterns; very special ~ 89c
Napkins to match Lunch Cloths; dozen
at 89c
Women's Thread Silk Hose in brown
navy. black and white and Novelty Silk
Hose in blue, purple and green; very special,
pair .............. .S9c
Children's Athletic Union Suits of fine
quality batiste; reduced to ....... sec
Lingerie Silk, SO inch. in pink and flesh:
big value, yard OBSERVATION-DISCLOSURES. Sc
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-08-15
49c Specials

Women's Isle Hose in navy, brown.
black and white; big value, pair go. 49c
Embroidery Flouncings, u inch, slightly
soiled values to Csc, yard ..... Acc
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-08-15
69c Specials

Quaker Craft Nets, SO, AZ inch, variety
of pretty patterns; special, yard ..... Sc
Bleached Art Linen. 20 inch; very special,
yard ............... ......... 69c
Mems Athletic Union Suits of fine check
ed dimity; special, suit ........... CSC
One lot of White Gaberdine Wash Skirts,
button trimmed big value at ..7 9c
New-York tribune., 1922-05-28
Reserue Member Banks Now
Standing on 0,on Resource,
Central Institutions Ihree-forr,bs r.
Year Ago: Tendency Is Com
sistcnily Downward

The fact that loans are still above
$500 000 Goo in The fact Of an open
market supply Of money that IS running
we'll ahead Of demand - q reflection
rather Of the unbalanced progress Of
liquidation than Of any reluctance on
the part Of member banks 10 reduce
their obligation At the central institu-
tjors Agricultural credits, for ex-
pie have completed The progress of
liquidntion and are now tuning up
ward again
Naturally. the direct influence Of The
reserve banks on the situation has
dwindlcd as compared with that period
when member institutions were lean
ing heavily upon their resources. ManE
Of the lattr and TINS appiir TO mos Of
the so-callcd Wall street banks are
row independent of the res crre bank
in respect 10 making loans, "-erea 2
during the months following decision
Of the Federal Reserve authorities 70
pat the brakes on imitation the reserve
hanks exercised an important degree
Of control Whether THIS supervision
was made effective through moral sua-
sion or through graduated discount
rate. member banks were restricted to
a quite definite limit of credit accom-
rOOdatIOns
New-York tribune., 1922-05-28
New Vacuum Process
For Tanning Leather
Swedish Invention Will Save 90
Per Cent in Labor and so in
Power. 1t Is Said

Considerable interest has been
aroused IN American leather tanning
circles by reports from Europe of the
invention Of vacuum tanning process
by Albert Won Forse,les, Swedish in
ventor. 1t is claimed that the new
process effects a % per cent saving
IN tanning extracts used in the process
a 90 per cent reduction in power and
Goa and q so per cent saving in labor
the most important item. In addition
TO TINS. in the process of tanning with
the vacuum invention, the limInr of
the hldes is accomplished in about one
seventh OF the time necessary under
oid methods of tanning and the process
IS completed in from seven to eight
days. ~
The new high vacuum tanning proc
e.s is based on an electro-motor cor
pied rotatatlon. double eeared vacuum
pump. me tanning is done in a LARGE
cylinder OF from FIVE to ten in q hal
terry, each containing about sixty cubic
meters of tanning extract. About 400
macs can be immersed in each cylin-
DER DURING the process the tanning
extract clrculates constantly I'd can
oe changed from one cylinder to an
other without moving the hides. This
IS where the big labor saving is eff
tected. The process also permits the
use OF cheaper tanning materials, it is
sald. The inventor has been demon
stratlng the process in Berlin and s
planning to introduce it into the United
states and South America.
New-York tribune., 1922-05-28
M eltsn Profits
Of I,,dustr),suin
Haty-l9l8-19l9
Earnings Reached Maxi
mum in 1917 and De-
clined Materially in The
Two FoUo,cing Years

Special Foreign Financial Co,respordence
ROME, May S.-The government
records of the aggregate earnings of
commercial and industrial compa-
nies are always considerably de-
layed, and it is only now that the
trend Of profits for the last few
years can be determined. These
profits reached q maximum in 1917
and decreased in 1918 and 1919.
In 1917 there were 1872 ordinary
limited companies, with paid up capital
of more than 100000 lire each. The
total capital for all of these was about
$3.50, 100000 lire. Profits were about
799,0oo,o00; that is, 1890 per cent of
capital In 1919 1924 such companies
had paid up capital of 1000, 900 900
lire and profits amounting to only 10
per cent.
Those companies which had the
largest profits in 1918 showed the
heaviest decreases in 1919 For in
MISUNDERSTANDING
firms, with capital of 10000 900 lire.
earned profits of 46 per cent in 1918
and 81 per cent in 1919. For insur-
ance companies, with paid up capital
OF 54,ooo,ooo lire, profits decreased
from 23.l per cent in 1918 to 14.5 per
cent in 1919; for rubber companies
capital 100000 lire) profits of 10
per cent in 1918 we're reduced to 15 ner
cent in the following year.
Profits of the mechanical industry.
with capital of 1,305, 100000 lire. fell
from 10 to 6 per cent. In the maritime
transport field average profits of l3 per
cent IN 1918 dropped to per cent in
~ l9l9 on capita! of 1,035 100000 lire.
me only gam was shown by the cot
ton industry, which with capital Of
425O00,000 lire, had profits of Id ner
cent in 1918 and 10 per cent in the
following year.
me chlei industries showing small
profits on actual losses in 1919 we're.
Railroads, 380,0000 900 lire canital. 1S1
per cent; trans. l25,00O,0 900 capital
LIZ per cent profits; hotels. $4,000 900
capital. 4.07 per cent; building. 81 600.
ooo capital, 6.O2 per cent profits. River
shlpplng, with capital of 4,OOO,0 900 lire
ana the printing industry showed
losses OF l62 per cent and l.3l per cent
respectively.
In 1919 there were about $50 foreign
companies operating in Italy. They
had capita of l,5Oo 100000 lire, but
1his amount is the total capital of the
companies, not that portion of it set
aside for Italian operation. Among
'hc foreign companies authorized to
WORK WORK IN Italy during the last half of
WI, Your were French, three Swiss,
one Austrian and one American (tbe
Amitalia Trading Corporation of New
ork)' All of them are engaged in
insurance or conmcrcs. "
New-York tribune., 1922-05-28
Calls Japan's Financial
Status Less Reassuring
Bank Rates Raised; Money
Tighter and Loans More Diff.
cult to Negotiate

The financial situation in Japan is
less reassuring than it was month
ago, according to cable to the De
partment of Commerce from Acting
Commercial Attache Butts at Toxic
Bank rates have been raised, money ia
tighter and credits are more dificult
to negotiate. New capitalization. which
has been directed mainly into banking,
electrical and manufacturing enter
prlses, is declining and stock exchange
prices are lower. The governments
hhahclal position Is not as good as it
was. New bonds to the amount Of -.
100000 yen, at 612 per cent. win he
ISSUED June / to convert a maturing
issue
Imports for April, lS6,o0o,000 yen in
value, exceeded exports, 1000. 600
yen, by 56,So0,000 yen. Imports of
rice, coal, dyestufs, steel and wool
were large. but a notable decrease oc
CURED in imports of cotton, ore. PIG
ron and machinery, Protecting the in
dustrlal depression, which has also
caused general lowering of wages.
though as yet no new strikes or SER.
GUS labor unrest. Exports of raw silk
cotton yarns and paper have increased
with marked decrease in exports Of
copper, textiles. tea and strach.
Price OF import staples, except rice
ana cotton, are generally lower than
last month. OF export staples. price
of tea, silk and textiles have derlinod
from last month Prices of cotton
yarns, raw silk and cement are HIGHER
The silk syndicate has decided to dis
pose of its holdings at the rate Of
1000 bales month. The spring cocoon
crop is reported as 3.225 600 ego cards
The government has approved tho
eiectrliicatlon of the Odawara and Yo-
kosuka Line, which will probably be
completed some time this month,
The eost of living decreased .b,,.
n per cent during April. SN S'e''
New-York tribune., 1922-05-28
Fluctuations in
Exchange Hinder
L. S. Polish Trade
Goods in Strong Demand.
However: Lack of Market
for Exports Here Also
a Commercial Drawback

The ability of the Polish importer
to purchase America n-made products is
sppreciably lower by several factors
over which he has no control. Consul
General L. G. Keena. at Warsaw. ex-
plains. These factors arc as follows:
Primarily. the great international
premium in dollar exchange makes
when paid for in debascd currency.
Secondly. the importer in Poland is
quite unable to estimate whether
American goods. if ordered for deliv-
cry from the United States on reason
able credit terms. are going to cost him
at date Of payment from so to 100 per
cent more, or from | to 50 per cent less
in marks than he calculated at the
time Of placing the order.
What he will be able to obtain for
these goods when placed on the market
for distribution or resale is also prob
lematical and largely dependent on the
highly speculative value of the mark.
Thirdly, although the Polish importer
buying in the United States is dealing
in the best merchandise market he is
making his purchases in country
which, by reason Of its own natural
resources and geographic position. has
very slight demand for the principal
Polish export products which he as a
jobber might want to exchange for
manufactured goods
patent feature Of the Polish mar
ket is the strong and constant demand
for manufactured goods in general.
The years of war from which the coun-
try is gradually recovering left a great
shortage in stocks of practically all
types Of merchandise, machinery and
supplies. Despite the very complicated
and uncertain exchange situation, most
lnes OF goods for which a demand nor
mally exists IN Poland find even now
ready sale if they are in the country
and available. There are also a num-
Der Of important products. accessible
for export, chiefly oil, coal, minerals
lum Der, alcohol, agricultural products
and bN-products and furs
New-York tribune., 1922-05-28
South Asks Rate Adjustment
l. c. G. Begins investigation of Freight Classification;
Edison Interested in Potash ShaIes of North
Georgia and East Tennessee

CHATTANOOGA Tenn, May 81
The event Of the week. If not of the
year, in Southern commercial and in
dustrial circles. is the Southern class
rates investigation, conducted by the
Interstate Commerce Commission.
which started in Atlanta, May 23 The
South has long been hoping and work
ing and agitating for a revision in
rates which would put it on a parity
with other sections of the country.
There were over two hundred repre-
sentativcs of Southern shippers on
hand when the Atlanta hearing began.
Commissioner Joseph B. Eastman,
opening the session, announced that
the purpose Of the investigation was
TO secure greater degree of harmony
between the interstate and inrrastate
rate structures in the territory includ-
ing the states of Virginia, North Caro-
INA, South Carolina. Georgia. Florida,
Alabama, mississippi. Louisiana. Ten
nessee and Kentucky. The investiga-
ton involves all interstate class rates
pSN"esh points IN inc southern Glass;
tlcation territory and points in the
central Bufalo-Pi Pittsburgh trunk line
and New England territory
Mr.. Eastman said that this was one
of the most important Investigations
ever undertaken by the commission,
and that it would result in fxirg in
terstate rates satisfactory to all Fvi-
dence of the carriers will be taken
until June 20 after which shippers
testimony in rebuttal will be offered,
and cross-eNamination of witnesses
made.
Southern shippers have been restive
TOR years under the rates for long
haul shipments from Southern points.
ihey have pointed out that it is prac-
tlcally impossible for them to compete
on prices for shipments to Eastern
POINTS, due TO mora favorable rates 70,
the same haul in effect for mid W est
ern and Eastern shippers.
In addition to having class rates
badly out of line, Southern shippers
have never enjoyed the commodity
rates that are in effect in other sec
tons; perhaps because manufacturing
on scale to justify them is a com
paratvely new thing in the South But
at any rate they are much desired.
New-York tribune., 1922-05-28
Edison Interested in Potash

Thomas A. Edison has interested d
himself in the potash producing fields
of northern Georgia and eastern Ten
hessee. He believes that these de
poslts offer material for competing
with the German potash production on
favorable terms. He is in communica-
tion with Wilbur A. Nelson, state
geologist of Tennessee, to determine
the exact limits of the potash fields.
In recent letter to Mr. Nelson the
inventor SAID: Since | got some of
the Cartersville (GaO potash states
the experiments have never ceased
One line of experimentation shows
very promising results. The only
trouble Is, can we manufacture on a
large scale so as to compete with Ger
man potash?
$50 far it looks as if we could. and
also go them a little better. If we
cannot quote price at which the Ger
mans cannot sell, it will help the
New-York tribune., 1922-05-28
4ids 4. 8. Bill Morhct

The influence Of the reserve banks
to-day is associated largely with their
open market quotations, which are gen
oraIlv recognized ~ n vital I'D in The
Development Of an american obi mar
ket. and with the status Of tneir dis
count rate as psychological factor
in the situation 1t is doubted by the
banking community that reduction in
tho discount rate would have material
effect in encouraging member bank bor-
roWings with money 50 plentiful as
It is, bat there is virtual unanlmity
that speculation would be stimulated
and that interest charges, already re
garded by some as unprohta5ly low.
would undergo further revision down
ward, if only from sentimental rea-
sons.
In the light Of these conditions, the
aggregate Of member bank borrowings
at the reserve institutions j. now a
subiect for inspection, not for any
recovery, but because cf whe4 i may
reveal as to the progress Of liquida-
tion Of loans, carried over from the
period of stress. The report by Nom
Der banks TO the central institutions,
made and published weekly, Of the
principal items Indicative OF their posi-
tion has come TO be regarded a more
accurate index Of the business siitua-
ton
The report Of sos banks showed
total loans and discounts as Of Janu-
AIRY OF this year, amounting 70 Sill
5.769 900, compared with S13,212.-
010.O00 for S29 banks on January 7.
1921 Loans secured by government
obligations had fallen during this
period from 1857 100000 TO $498, ,405.-
JO0. rocured
bonds were slightly higher at s3,l84,-
299 900, and other loans and discounts
had dropped from 50 ,223,72l, 600 to
81 S2S O6S OnO
New-York tribune., 1922-05-28
Borrowings Decline

The decline in member bank borrow
ings for the system as a whole has
been Of lesser extent. but the decrease
even in agricultural districts, wherc
the greatest resistance to liquidation
was displayed, has by now achieved
substantial proportions. The aggregate
has lately been brought below $500,
600 600, whereas at this time in 1921 it
was lowering close to the s2000,00O, 900
mark.
The trend toward complete liquida-
ton Of loans at the reserve banks pcr-
ssts and, by many bankers, is eX-
pocted TO continue for months to come.
New-York tribune., 1922-05-28

Naturally the credit man who sells a
to let an occasional failure TO honor a
draft pass By without protesting it for
non-paymcnt But where single ship
mcnts arc made, or where new Gus
toners are concerned, it may be found
necessary to safeguard rights by the
filing of protest. Like all rules, this
rule must be applied nationally and
may be departed from if circumstances
warrant. Where the param mount consd-
Grafton is the preservation of legal
rights the protest is spensablc." "
New-York tribune., 1922-05-28
Farm-Tenancy Surve!

A survey Of social and etononm y
conditions on 1000 tenan' a. a. his
North Carolina is being may rarn
summer bv the Commission o. sos,i
Tenancy. appointed by the say; bsjn,
of Agrirnl+nre. The survey IS p1,ss i:s..
financed Jointly by the state ual u,i n.
sitv and bv The State and Fedora ~.
partments of Agriculture - "a =
object of the investigation IS :. i
termine how the tenant hTes, ,. he us
economic prospects are, N. nc" star;:slss :s
rise TO ownership, etc. ne snsr;sly
of living is to be studied espssts. pss,ts.
Whether tenancy is dGe 10 ihnss; ns-s.s;
physical defects. crop failures, ~s se,s
conditions. accidents. disease OF d
in the family. or lack OF 9 ss'
life. viii be asked each tenant. ..,sssI.
The state intends to get rss5. ..,5i..
data "' on the tbe relation Of land s.isI s'sg
time merchant credit et sy:tsn
landlord lien, and the inarNe', ,og ,as
to farm tenancy. Ii will ash as sa33
state. the landlord, the merenan,s We
the church. can help the tensH, I'm.
shows that he has good stun N bhjs, h,js,
Spot cotton over the South - - Coaa.
ing excellent prices. 1t sold ~ .spts I,
horo, \. c., recently, for ~ =. li.ss
pound. Last winter 1t went 1Gs y y bsla
as II and 12 cents. Thousand, 5, = seaa
which had been held all over u. - mr.
for higher prices are cow goihE
ket. - smpss
There is general feeling 'T r,f.
Southern growers, bankers anu ye
chants that cotton will go csr " bs
figure this fall. The cafrs,Y,hs whsl
been practically wiped out ana - whc
left on hand is mostly Of gray. asan.,erics
cannot easily be used py - mspa
looms. The increased demand - iors
facturers the last few months =, - stspl
cast to the South that the nee, :, sssaI
this fall will command prices ~
Of anything since 1915.