davidaulloa/AmericanStories huggingface dataset:
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-24
What a Barrel of
Whiskey Contains

A barrel of headache, of heartache,
of woe,
A barrel of curses, a barrel of
blood,
A barrel of sorrow for a loving,
weary wife.
A barrel of care, barrel of strife
A barrel of unavailing regret,
A barrel of cares, barrel of death
A barrel of hunger, of poison of pain
A barrel of hopes all blasted and
vain.
A barrel of poverty, ruin and blight
A barrel tears that run in the
night.
A barrel of crimes, barrel OF
groans,
A barrel Of orphans most pitiful
means.
A barrel Of serpents that hiss as they
pass,
That glows from the liquor in the
bead of the glass.
A barrel of falsehoods, barrel OF
cries
That fall from the maniac's lips az
he dies.
Bridget"
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-24
Young Argentine Genius
Gets Harvard Scholarship

Boston, July 22.-A parallel to the
Rhodes scholarships Is seen in the es-
ttablishment, through the Associa-
ttion of Harvard Clubs, of scholar
ships for the comingy, ear to send to
Harvard one boy from Argentina and
one from Mexico. The scholarships
have been made available through
the generosity ;of members Of the
Harvard Club of New York, and they
will 4be awarded respectively by the
Harvard Club Of Buenos Aires and
the Harvard Club of Mexico.
The Harvard men at Buenos Aires
already have selected their scholar
ship holder. One of the members
found recently in the country in the
northern part of Argentina, which is
devoted partly to sugar plantations
two young brothers of English de-
scent named Beale, one of whom was
.l9 years old and the other II. The
elder Beale had made a moving pic
ture camera out of the crude ma
terial that he could pick up locally
and then had made himself a projec-
tor. 1t is said that the pictures pro-
duced were just as good as those
shown in any cinema house in Ar
gentina.
The younger Beale had become
interested in locomotives. He saw in
an English engineering magazine a
lpicture of two Mogul locomotives of q
type mot used in Argentina. When
he was 15 years old he started out t.
make the necessary machinery tC
make the parts for these locomotives
He built q lathe and a small furnace
and machined the cylinders and the
other parts. Now he has two work.
ing models of Mogul locomotives
built entirely from the pictures in the
magazines, each six feet long, and he
has made them run under their owr
power.
The elder Beale boy is TO be award,
ed one on the new Harvard scholar.
ships, and plans to enter Harvard
this autumn. He will probably reg.
ister in the Engineering School.
The scholarship contributed to the
Harvard Club of Mexico by the AS.
sociation of Harvard Clubs is de.
scribed by the secretary of that body
as "only a small token of our appre.
citation and desire to reciprocate" 70,
the service done by the National Uni
versity of Mexico In arranging fol
free summer Courses for American
students and teachers.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-24
Sweden's Business Prospects
Are Most Promising

Stockholm, July 23.-"The period
Of readjustment is in progress, and q
new business cycle has begun" The
general economic and commercial
conditions of Sweden are thus sum.
married. by the Swedish Foreign Of
flee in its quarterly review just is
sued. Based on reports from the
leading financial and industrial con.
Germs Of the country, although char
acterized by the most conservative
appraisals of the general business
situation, the review strikes on the
whole decidedly optimistic note.
1t points tout that this years bud
get, has been marked by reductions
in all the sgroups of public expendi-
lures, that tdirect taxation has been
reduced, and that further reductions
Of railway freight and postal charges
are being made.
Liquidation, the nsast important
phase of the deflation process, ap-
pears to be largely over, according to
the review, as gathered from the
marked ,rise in the price of indus
trial stocks and the dong arad hard
fought process of ~adjasting wage
levels seems to be nearing its conclu-
sion.
The review calls attention to the
pronounced stabilization of the ex-
change rate in the .neighborhood of
par, while the purchasing price index
parity between the United States and
Sweden shows very marked return
to normal conditions.
Recent reports from Sweden's key
industries confirm the forecast Of
brighter conditions. The iron and
textile industries, which were hardest
hit by the postwar depression, show
increasing signs of revival. The
timber industry reports export sales
amounting to over 425, 900 standards,
which is many times the figure re-
ported for the first half of last year.
The iron ore export report shows 'un-
usually heavy figures, while the
woodpulp industry is working at 10
to 80 percent of capacity.
The mechanical industries are still
suffering under the postwar reac-
tion, the number of workers having
decreased to less than half of the
1920 figures. But here, also, signs of
betterment are visible. The last
weekly Riksbank report shows a not
able decrease in the quantity of paper
currency in circulation, thus indicat-
ing an increased stabiliSation of the
monetary situation.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-24

bclnlenem Is, LackaWanna, RepuDllc
and Midvale should respond easily to
a favorable Interpretation by Wash
ington on the plan for merging inter
ests, and United States Steel common
as well as these same four, should
move into much higher ground with
the settlement of the rail labor con-
trOversy. None of the steels is likel,
to react materially from current
prices and may be several poi ITS high
er by the time these Favorable devel-
opments are noted.
While the bearish mental attitude
persists in trading circles (and it is
in trading, not investment quarters
that this reverse thinking is current
please note) the forehanded are tax
ing cogniZance also Of the excellent
showings made by many industrials
with favorable business outlooks.
There is Endicott Johnson for in
ST nee, which we have been recon-
mcrding for six months. In the first
half of this year it earned $3.50 or
with a surplus Of $1,OSI,676 after
Products Refining, whicSjstancemo g;
paying preferred and common div
idends totalling 81 ,329,5G3. Corn
Products Refining, which is usually a
July or August bargain because of
certain trade routine developments
that strike the public as new each
year, American Linseed, International
Paper and Central Leather also are
acting well marketwise ana appear IN
good industrial position.
There is no change in the outlook
for higher prices for cotton, hut the
marked irregularity must be looked
for until the siZ Of the crop is known
with some defniteness. There is no
question now that we have been right
all along in forecasting an actual
shortage before next years crop is
ginned and baled. 1t is conceded now
that this years crop will be made.
quate. The only question is: how
much will the crop be? On the day
| to day outlook for the final out-turn
depends the daily guage or reason
able price for the staple. The crop
improves-or should, in the light OF
reported weather conditions-for sew.
eral successive days and prices sci
off. A few days of poor weather, &
bombardment of kilograms announc
| ing further weevil depredations, anC
the price of cotton jumps up again
| But as the stocks on hand filter grad
ually into consumption we are likely
to see the gradual establishment OF
higher prices. The limits of the fluc
tuations should steadily advance. The
| approach Of August should see a foo.
of statistics on the 192l-1922 con
sumption, the small carryover, the
poor crop outlook, and the heavy con
suming demand. To this accompani
ment we expect to see rising mar
ket. The close of the cotton year anC
the opening of a new one should com.
bine to force long-range consideration
of the market for few days at least
On recessions at this time we suggest
the purchase of the October and De.
cember options, believing they will
yield sizable trading profits and still
greater returns over the longer pull
The boil weevil appears to be preva
lent to much greater extent thar
previously reported. Six-sevenths O.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-24
Widow of Leader
Of Rebellion Dead

Toxic, July 23.-Madame Itoko
Saigo, widow of the great Saigo Ta-
'kamori, leader of the rebellion of
1877, the smost formidable of the
many crises of the Meiji era, died in
Toxic June 10 at the age Of 80 years.
After the suicide Of her husband
which occurred on the failure Of the
rebellion, the widow who was born
in Samurai family of Kagoshima,
devoted herself to the education OF
her two sons. One excelled as a sol
der andihad a marquisate bestowed
upon him; title now held by his son,
while stf second >Umajiro Saigo
adspted q business career and is now
director of the Nippon Yusen Kai.
isha.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-24
Political Prisoners
Set xat Liberty

Bucharest, July .23.-King Fertli-
nand's recent amnesty decree, pro-
claimed on the occasion Of his dangh-
ter's marriage to King Alexander of
Jugosclayia, embraces wide variety
OF offenses and already has resulted
In the liberation Of 200 of the 24a
Communists on trial for plots
against against the government.
The following offenses are includ-
ed within the decree: Clandestine
and public propaganda against social
and political order; syping during
peace time; mutiny, electora land
newspaper offenses; participation in
strike against the state, and GER
tain military crimes. and misdemean-
ors.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-24

for adhering to the bull position for
the long-even moderate-swing, util-
izing current easy spots for the ac-
QUESTION of those stocks that are in
the best position TO beaefit with the
resumption of the broad forward
movement.
Every now and then, as this review
has pointed out, there come times in
an upward market when no one finds
it possible to interpret conditions con-
structively. At such times 1t seems,
also, the gods or fairies, who regulate
the flow of events, perversely pick out
succession of disturbing or annoy
ing happenings and slap them loudly
down on the counter where these
wares are displayed-the public
prints. This usually is ushered in by
break in stocks brought about by
the collapse of an over-extended long
position and the sequence of bearish
advices continues all during the period
of readjustment of the technical posi-
ton. These may be only condolences,
but at any rate they occur time and
again in what We term "bull markets. -
We are going through all this just
now--indeed, we should be about over
with it. We are likely to come down
to business some morning very soon
and find that the bad news fas all an
exaggeration of minor events and that
all the time we have been overlook
ing some highly valuable items lying
all around US. Those shrewder trad
ers and speculative-invest who are
buying stocks now will then find them
selves long on the market at prices
several points below the then prevail
ing figures.
The crude oil situation causes today
the greatest concern, next to the
strike of railroad shopmen and the
danger that it will spread to other
departments of rail labor. But the men
have ben out three weeks, their lead
ers are still jockeying for position
the labor board is standing pat on the
justice Of its award the carriers are
holding out, the important railroad la
Dor unions are indiffsrent-and the
trains are running. There doesn't seen
to be much hope of the men winning
and the action of the rail stocks indi.
Gates the market has no fear of this
result. Developments have been un
hlo m, ranorIc nrnonaok Co., n,
immediate settlement, but that doe:
not mean there is to be a permanent
deadlock. We suggest that the, raj
issues offer opportunities on all reces
sions, particularly Atchison, Chesa
peake & Ohio, New Yorw Central
Pennsylvania and the Pacifics in tn,
dividend paying group, and Souther1
Railway, Pere Marquette and Balti
more & Ohio.
The industrial relatives of the rail
the acknowledgment to be in po
'sition from technical market view
point for another substantive rise
Baldwin Locomotive, American Car 4
Foundry, Westinghouse Electric, ALI
Chalmers and American Locomotive
are suggested in this group as havinl
the better opportunities for leadin,
the advance. From . business poin
of view these companies also seem t
have the best reasons for an advanc
into higher territory,
There is nothing iHShs oil situatio
to justify the misapprehensions cur
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-24

rent this past week or two. For some
time the paradox has existed of a
steady increase in production and sur
plus with prices of crude and refined
unchanged. Only within the past few
days have price reductions taken
place. Consumption is so steadily in
creasing that the day is not far dis
tant when it may reasonably be ex-
pected to again -balanve produc-
ton. Crude supplies, it must be noted,
are in strong hands. The major oil
organizations no longer take surplus
refined products off the market. In
stead, they now campaign for The
crude. The industry, as result, is
getting stronger daily, but the day of
the small, inadequately financed or in
efficiently managed producer is nearly
over. Briefly, that is what has been
going on in the oil situation--si going
on now. 1t furnishes a sidelight on
the stock market situation-is going
on now. 1t furnishes sidelight on
mestic oils, and is an urge to purchase
the standard and stronger independ-
ent oils, and to leave the weaker ones
al, ne. Matters are coming TO head
rapidly, though surface indications do
not yet tell much to the outsider. 1t Is
a time to study the financial and ply
sical structure and the personnel of
the companies whose securities are
presented. The technical market po-
sition nede come in for secondary re-
view, only if the first group of factors
analyses satisfactorily.
With this in mind, the oils that
measure up to the standard of those
that may be taken on now in appar-
ent safety include Texas Company,
Cosden & Company, California Pc
troleum and Standard of Indiana. The
Mexicans should be left severely alone
except by those who are willing to
assume the heavy risks involved in
trading in such issues as Mexican Pc
troleum.
Steel operations have been curtailed
by the railway strike and coal short
age. Fuel supplies have been delayed
by congestion of rail traffic. Pig iron
can not be made without coke, nor
steel without pig iron. Specifications
against orders are piling up in steel
! plant offices and the falling off in OPP
erations is not due to lack of material
| for rolling and other schedules. The
| railroads are working with the steej
makers as much as possible for the
| carriers are concerned with getting
steel out for car makers and Others
who are manufacturing equipment
| that will be needed for the expected
heavy traffic this fall. So, there Is
| nothing in the falling away of the
steel output to encourage anyone to &C
short of the steels. Quite the reverse
for the easy spots enable the purchas;
of the shares of those steel companies
where orders have piled up. With the
resumption of normal rail condition:
and the better fuel supply, stock mar
ket prices will move forward easily
into higher territory Only the de
lay Of the Department or Justice il
i passing on the legality of the pending
steel mergers is holding back the &C
tivity of large groups of professional
traders who expect to see the steel is
sues move forward with leap as sool
' as they are taken in hand.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-24

the American crop area is reported in
fected. There will be several genera
tions of him yet, but fair estimate
OF his activities is possible.
While We should be giving much at
tention to general domestic trade con-
ditions-which are bullish and to tho
European situation-which is mod
erately acknowledgement and
crop news are occupying the stage and
the market is a genuine weather
market The condition will exist for
some weeks yet, possibly until after
the report on the July % condition has
been digested. 1t is unlikely to show
any great change from the June pa
figures. August is the month of great
est deterioration. The July % report
If no better than that of June 25, will
not be bulliSh. \ gain in condition
during the month would be necessary
to justify cotton prices merely holding
steady.
Considerable confusion has been en-
gendcred in traders minds bN the re-
port Of japanese and Liverpool sell
ing. American consumers ot cotton.
1t may be remarked in this r.pc.r
have much to learn from Fnglu.G and
Japan. To great extent our Amer
lean mill interests are content iu ,n-
ter the market on a hedging ht-.. Or
to protect future requirements h..
heir British and Japanese ,ar....
tors appear to have the cotton ur.,,.. B.
| Gown to science. Sudden. .ul,u'
selling by japanese Interest. iIc.
QUcntly means merely that the Mp
ponese interests have decided L. buy,
| and with the cannness of the genuine
trader know how to buy u the hes.
possible advantage, momentarily con
verting a sellers market into q AIv-
| er's market. Close observers believe
that on breaks induced By heavy for.
eign selling of this character cotton
| may be purchased in anticipation of a
quick recovery and the collecting of
interesting profits.
The statistics are persIstently oull-
;sh but &C much consideration has
been given TO them III these reviews
| and elsewhere that there ls not much
| to be gained from analysis of them
at this juncture when they are being
| ignored-or, if not ignored, they do
not gain the hearing they should re-
| ceive. The rate at which cotton is
| going overseas and into domestic con
| sumption, with the small carryoyer
that will be reported for July 81
| August l bears out all forecasts that
| have been made and it is well to keep
in mind that the list is bound to take
| cogniZance again of the statistical po-
| sition of the staple.
Proper consideration can only hive
| constructive effect on the price
structure and should induct purchases
of the fall and winter months not only
by the trade but by the speculative
following that temporarily has with.
drawn from the market but appears to
be watching for the opportune time to
reenter. We look for broad market
to develop before the end of the month
and expect to Sc esome attractive re-
turns accrue to traders who buy cot
ton on the easy spots this week and
next.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-24
Springs & Co.'s Letter
New York, July 19, 1922.
St0cka

Labor troubles-rail and coal-and
the uncertainties attending the oil in
dustry, have occupied the attention
OF the securities market to the exclu-
sion OF more important and genuinely
constructive factors. The consequence
has been that prices have moved ir.
regularly and the market has beer
without determinable day-to-day
trend. Careful weighing of the stu.
alton, to our mind, discioses reason.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-24
PROGRAM FOR BOYS
Wednesday, July 26

Wednesday, July 26
1:00-Chapsl.
12:00-Picnic lunch.
4:00-Judging good cows (Mr. Car
nell's Farm).
6:O0-Supper.
S:OO-Party.
9:30-Visit to slumber land.
Thursday, July ~
8:30-Visit to Mr.. Wilson'S poultry
yard.
1O:0O-Personal Hygiene - DIR.
Jeter.
.11se0-Talk4o on P. B. Live Stock.
11:30-Ghapel.
12.39-Lunch.
2:30L-Sanitation-D Jeter.
3:3O-Visit'to to printing office Union
Times).
5:OO-Picnic at Browns Greek.
S:30-Story telling and community
singing.
9:3O-Go to bed.
Friday, July 28
8:3O-Police grounds.
9:3O-Culling demonstration-Miss
Neeley.
1O:3O-Heaith Education-Mr. w.
ID. Wood and DIR. Jeter.
11:OO-Summer Care Of Poultry
Miss Neeley.
:3O-Chapel.
12:30-Lunch.
2:30-Breaking up camp.
3:30-Poultry picture at Rialto.
Please bring program to Short
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-24

General business according to the
index figure Of sthe sBabson chart
stands at IL per cent below normal.
This Is the same as last week and
Is favorable considering the serious
loss .sufsrsd through the various
great labor strikes now in progress.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-24

Railroads of the United States, re-
ceive nearly four times as much
freight from mining as they do from
manufacturing.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-24
sEouNTY
SHORT COURSE
To be Held at Court House
July 1928

PROGRAM FOR GIRLS
(Time Schedule)
6:30-Rising bell.
7:15-Breakfast,
8:30rto 12:30-Classes.
12:39-Dinner.
200 to 6:30-Classes,
Wednesday, July rs
$50 Time of arrival.
$3.50 to l1:00-Reeister, collect
supplies, make down cots, weigh and
measure.
:O0-Chapel.
12:00-Picnic lunch.
Rest.
1:30-Biscuit contest-Miss Lola M
Snider.
2:3O--Cleaning and dyeing rugs
Miss Blanche Tarrant and Mrs. J. L
Minter.
4:0O-Angel food cake-Miss Sni-
der.
6:OO-Supper.
S:O0-Party.
9:30-A ijoarney to slumber land.
9:45-Lights out.
Thursday, July -27
8:3O-Sewinf (Tea Napkins) Miss
Hooper and Miss Bertha Herman.
Personal Hygiene-MIss Blanche
Tarrant.
11:30-Chapel.
12:30-Lunch.
2:30-Sewing (gingham hats)-
Misses Herman and Hooper.
S:0O-Jelly and jam-Mrs. Dora
Dee Walker.
5:O0-Picnic at Browns Creek.
S:30-Community singing and story
telling-Misses Agnes Robertson and
Bertha Herman.
9:3O-Go to rooms.
9:45-Lights out.
Friday, July 20
S:3O-Sewing (gingham hats con-
tinued)-Misses Herman and Hooper.
9:30-Culling-Mi Juanita Neely.
1880 - Health education - Miss
Herman.
11:0O-Recreation - Miss Robert
son.
:30-Chapel.
12:30-Lunch.
2:30-Judging jelly and jam.
3:39-Poultry picture at the Riaito.
5:3o--A journey homeward.
PROGRAM FOR WOMEN
Wednesday. July 26
11:00-Chapel.
12:O0-Picnic lunch.
2:O0-Home- made dress form
Misses Herman and Hooper, assisted
by Mesdames Edwards and Holcombe.
4:O0-Angel food cake-Miss Sni-
der.
Thursday, July 27
O:00-Canning chicken and btef
Mrs. Walker.
11:30-Chapel.
12:30-Lunch.
3:0O-Jelly and jam-Mrs. Walker.
5:O0-Picoic at Browns Creek.
Friday, sIsly 28
9:20-Culling-Miss Nicely.
1:30-Chapel.
2:30-Judging jam and jelly.
3:3O--Poultry picture at the Rialto.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-24

Advertise In The Times; ge. results.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-07-24

An ad. in The Times gets results.
The Washington times., 1922-08-20

kitchen chimney at an hour when
he was fast asleep.
"who else was here in the
house7" asked the policeman as
he slipped his wine-an excellent
white wine of Anjou, which
Landru usually kept.
MY wife, and my stepsou
Andre" was the assassin's un-
-hesitating reply.
-And where are theyT Perhaps
they WIN confirm your statement.
It would be better"
"They win, no doubt, II neces-
sary. But they are both In Paris
visiting friends"
when will they return?"
For q second Landru hesitatedA
That question was . poser. He
saw that the apparently simple
garde-champetre-the rural French
policeman-had received instruc-
tons from his brigadier to make
moro than q casual inquiry.
He had never dreamed that the
smoke and consequent meii out
side would attract anybody's At
tention In the dead Of night
The situation, he instantly
realized. was one Of gravest peril.
Therefore he preserved that sphinx
like attitude which was his chief
characteristic, and his deep-set
eyes twinkled a. he explained 10
his visitor that Madame Cuchst
and her son had gone to visit her
sister. and was staying ne night
with her.
They VIII be back tomorrow,
expect" he added. "Thsn please
come and make inquiry"
Laudru. shrewd and quick.
witted. wanted to gain time. He
already had his excuse In readiness
for the disappearance Of the pair.
but until next day he did not deem
It wise to put It forward. II the
police in Paris inquired Of Madame
Friedman regarding her sister.
she would reply that she had not
seen her. In such case his inten-
ton was to explain that he had
quarreled with the woman Cuchet.
who had taken her belongings and
left him.
As soon as the police-officer had
gone. the assassin returned to the
little dining-room with its carved
buffet, and snatching UP the fresh
, carnations he had been arranging
for the benefit of his next victim,
Madame tabord-Line, he carried
them out into the garden and
tossed them away. In view Of his
Continued on Page g.