davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-04-23

mo madame, nothing serious will
happen through the older women try
ing to become flappers merely by wear
ing flapper styles, because the So
called flapper styles are meant only
for the youthful miss. and cannot be
adapted to any other age!
This by Harry Collins. designer of
gowns, in lecture at the Metropoli-
tan Museum of Art yesterday, was in
response to the query of worried
woman who feared the result II flapper
styles were to be taken up by women
universally. The question was one of
great number In an address on The
Dress of Our Times" which was ec-
companied by a display of gowns.
Mr.. Collins said the flat shoes. rak-
ish hat. the scarf outside the coat and
even the affected walk were merely
manifestations OF what the youthful
miss wants in dress. He added: 1T
has the individuality of youth embod-
led in 1t and marks the dawn of bet
ter, more sensible day of dress for
women. The younger women set the
The New York herald., 1922-04-23

and Mrs John W. Garrett, whose guest
she and the Viscount will be during her
weeks stay; Mrs. Writ Dexter of Bos-
ton, mother OF Mrs. Stanley Mccormick,
one of the League of Women officers
Mrs. Charles Il. Ellicott. president or
the Maryland League of Women Voters
Mrs. Sidney NJ. Cone, Mrs. Charles u.
Woodruff and Miss Adele Clark, Miss
Roberta Wexford and Mrs. Westmore-
land Davis. all OF Richmond The Bal
timore and Ohio Railroad had decorated
the train shed with American flags and
the blue and gold of the league. The
committee was permitted to go to the
car in which Viscount and Lady Astor
occupied a drawing room.
Mrs. Gait officially recognized the ar
rival of Lady Astor by announcing that
she was in the back Of the hall and
said: II am particularly glad she has
arrived at this particular moment, for
| have something to ssy and I'd have to
turn my back on the audience if / hoped
to get any attention from the Latin
American delegates on the platform, to
whom i especially wish to speak. So
invite the audience to take a full look
at Lady Astor when she comes to the
platform while make my address"
Electrified Delegates.
Lady Astor was seated between Mrs.
Maud Wood Park. president of the Ma
tional League, and Mrs. Richard Ed
wards. Then Mrs. Gait launched into
her Catholic statement. which fclectri-
fled the delegates as no suffrage state
ment has done IN years.
"One thing we need at this time." Mrs.
Gait declared. is the enfranchisement
Of the Catholic women. Take this word
to the Catholic nations: Not speaking
directly to the Latin Americans. many
weeks ago, after the new Pope came
to Rome, this same Catholic club applied
TO him for an Endorsement OF the suf-
frage movement and their work--the
papal Endorsement is not the same as
that of a political head would be--but
he nevertheless did send to that club his
blessing.
THE suffrage movement has gone all
around the world and has come right up
to the Southern races, the Latin races
that belong to the Catholic religion
The work is now for you to do. And
YOU down in South America can help IL
along BY having Pan-American con-
ference. Well all come. and I'm s1re
Lady Astor will be along. Won't YOU
Lady Astor?' turning toward the little
NJ. p.
YES. I'll go." she replied. and the
delegates burst into tumultuous ap-
plause.
Mrs. Gait announced that Sonora
Celia Paladino de vitale, official dele
gate from Uruguay. which country the
delegates had called Utopia" because
OF its excellent laws and recognition OF
women as the equals In many ways OF
men, will take back to the President of
Uruguay a letter of congratulations for
the advancement of his country and a
word urging him TO make haste In or
der TO be the first country OF South
America to cnfranchise women.
After your speech, Lady Astor." Mrs.
Gait continued. you are TO withdraw
and be interviewed by this host OF re-
The New York herald., 1922-04-23

suffrage than I. If the women of
Uruguay had the vote the world would
be different. Having this vote without
using it is like having religion without
using it."
Then Lady Astor descended from the
platform, while the delegates cheered
to the echo and the Viscountess talked
with half a hundred reporters.
Are you going to see the President?'
some one asked.
II hope the President is coming over
here" she answered from the top OF
a table to which she had been lifted
THE highest men in the land should
pay attention to the highest woman ir
the land. That's what this Nationa.
League OF Women Voters are"
The New York herald., 1922-04-23
National Anthem Rules
for Women to Observe

w TASHINGTON. April Ca
wv What is the correct stand
ing position for women
when the national anthem is being
played? Mrs. George Maynard
! Minor, president general OF the
Daughters of the American Revo-
luton. to-day was called upon by
a vote of the thirty-first Conti-
mental Congress. in session here. to
answer this question.
Stand erect as possible" said
Mrs. Minor with hands straight
down the sides, facing the flag. If
you have anything in your hand
which cannot be dropped easily,
hold 1t, but make it as inconspicu-
Gus as possible. Do not talk. Do
not be adjusting your wraps or
your hats"
The New York herald., 1922-04-23
CURBED BY LOCKWOOD
INQUIRY. SAYS GOMPERS
But He Has Large Audience to
Hear His VieWs, He Adds.

Samuel Gompers. president of the
American Federation OF Labor. was the
principal speaker last night at the
convention of the Workers Educational
Bureau in the Manhattan Lyceum. 66
East Fourth street. He discussed the
labor movement in general terms. re-
ferring but once TO his recent testi-
mony before the Lockwood Committee
This was when he said that he had
been surber by the inquisitoriai powers
of a committee. and that IL there was
any suppression or views by the Lock-
wood Committee the people OF this
country offer a large audience to which
The New York herald., 1922-04-23
ELECTRIC LIGHT MEN TO MEET

The annual convention OF the Metro
politan New York section OF the Ma
tional Electric Light Association is tc
be held here on Friday. May 26. Busi-
ness sessions covering the commercial
technical. accounting and administrative
problems of the local electric light and
power companies win take place in the
morning and afternoon at the Engineer
ing Societies Building. 20 West Thirty
ninth street In the evening there will
be an entertainment and dance at the
Waldorf. sHKU
The New York herald., 1922-04-23

he and other labor leaders may adj
dress themselves.
John Sullivan, president of the Cen
trail Trades Council. chairman of the
meeting, praised Mr.. Gompers and de-
clared that he would rather the youth
of this country took Mr.. Gompers as
a model than John ID. Rockefeller.
The New York herald., 1922-04-23
GEO. WHITE HURT IN WRECK
Democratic Leader I'm Crash That
Kills Engineer.

GAINESVILLE, Ohio. April 22.-George
White of Marietta, Ohio, former Demo-
cratic National Chairman. was among
eight passengers injured to-day when a
Baltimore and Ohio passenger train was
wrecked twelve miles south of Zanes-
vile.
The engineer. Elmer Preston, was
killed. Mr.. Whites injuries are said to
have been slight.
New-York tribune., 1922-02-14
Hudson & Manhattan Bonds

,Suestion--Would you sdvise ma from
T.'r T'.a, source can obtain Information az to
s, s,nr,l,l'hatlons OF various bonds--trat is
,N. ou," Preicr list showing these, as am
10, 20 ',uiarly Interested Nv small el,e bouds
VIZ, fluo' 1900 and $1,000 denominations
\, ~ ~ your opinion Of the Hudson g
s.,l =, nns'tan bonds. and in what inanuer II
80 80 IS this limo related or connected with
n cnnsNiNaria naliroeJr Witch Of tho
iioI'o"'hy bonds do you CONSIDER have tho
,,,'', 'rouhlcs IN their business operation
t.n,rh'c'Pa' Industrial or telegraph aud
wiep"onc Would you also advise me tho
ua,no OF some good book on bonds that
ans every detail aud tho puhlish"r
'hereof?-A. J. y
Answcr-1ncreased earnings of tho
hudson & Manhattan which have fol.
lo"eo higher rates have improved the
position Of the bonds. The fact thai
directors recently authorized PAYNE ut
OF oack interest on the adjustment in
come 5s is taken to indicate that they
regard the outlook as brighter. We
regard the bonds as an investment for
man who can keep in touch with the
company earnings and watch the posi-
tion or the bonds. AS group, we con-
sider municipal bonds ahead of indus
'r'ai and utility issues For element
ary data on bonds read either Invest
1,H1ents, III by David r. Jordan (Prentce
hall. or "Putnam's Investment Hand
pook, by A. W. Atwood
New-York tribune., 1922-02-14
Greater Diversity Suggested

Question-Will you kindly advise lns
as to the followns? ! have Just sold s15.
600 Victory bonds Na23) and realize /
should have disposed of them some weeks
a go, as my opportunity Of investing would
have been better. knowing the necessity
or safe investment, | have bought Do
minion OF Canada 5ias, duo 1922. ] did
not buy these bonds because ] liked them
as they arc shorter term bond than T
care for. Tho yield Of ~ per cent Is
fairly satisfactory, because I know It to
be a safe invest ment. but. of course, I
should haVc liked per cent better DO
reinvcst IN 3 longer term bond? do not
want speculative investment, but things
that yield fair return and safe. At
present hold Canadian Northern per
sey Standard Oil preferred. Ontario bonds
and small amount OF Cell Hold stock
Those things ! have bought TO keep, az [
believe them 70 be good. Kindly advise
me. then. as To the Dominion of Canada.
This Investment mako now | feol 7
would like to mako for IL long tina to
come. as the opportunities viii not likely
ho 30 good in tho future. My income is
derived from investments.-N. A. p.
Answcr-Wc think that your Domin-
ion of Canada 5s arc good invest
ment. They yield at present prices
$50 per cent if held to maturity. Fiji
teen thousand dollars is Il good deal
to have in one investment, and we
think you would be wiser to leave, say,
$4,000 in the Canadian bonds and put
$4,000 into United Kingdom OF Great
Britain 512s, due 1887, and $4,000 in
Pacific Gas and Electric 5s, due 1912,
selling to yield just about per cent.
These, with your other Investments,
will give you a fairly we'll diversified
New-York tribune., 1922-02-14
Sutro Group Sets
Forth Objections
TOD. & r. Plan
One Objection Is Failure of
Proposed Reorganization
to Provide for Equity in
Fuel Company's Stock

The Sutro committee, representing
tho per cent cumulative adjustment
mortgage bonds Of the Denver & Rio
Grande Railroad, has issued a letter
to holders Of these securities, setting
forth its objections to the proposed
reorganization of the old Denver com
pany. The principal points raised are:
The plan fails to provide for tho &C
QUESTION by the rcorganized company
of the equity in the Utah Fuel Com
pany stock. thus deprving the reor-
ganized company of the control of q
part Of it's fuel supply.
The plan requires holders of adjust
ment and refunding bonds to permit an
unlimited unifying mortgage to be
placed OIL the property ahead of all
other securities to be issued under the
plan.
although the proposed sinking fund
bonds-whch the holders of adjust
ment and refundng bonds are asked to
take, in respect of the other so per cent
of their present holdings-are to be
subordinated, by the proposed plan, to
New-York tribune., 1922-02-14
Investment Information

armour q Co. 7s $500 Belelsn ss. $500
Cuban Railroad 7iss $500 Pacific Gas nrd
E'ectric Us; $500 New Ycr, Edison 6 = =
900 In various Issues Of Liberty bonds
ould you advise mo 20 exchange auv OF
these Tor something which YOU consjdcr
nsftei suited To my needs? 7 shall soon
n, nav, $l'Soo more 70 invcst aud would like
10 buy some railroad bonds psvablo In
twenty years or logs. which can be hous at
osio" par, thereby increasing my principal
-, ~ ,naturitI ~ | shall have to Use II b.
Seahoard Air Line bonds? Th. papers sny
tn'y are selling much too low. Any IN.
,y,l, ,''lna.'on a. that You are able to givo mo
WIZ be greatly appreciated -,, r.
Answer-Thc bonds YOU have are all
suitable Investments for your purpose,
IN our opinion, but you must not let
the 'dca take possession of you that
you can successfully increase your
capital by buying bonds which are
sure OF appreciation. In trying to do
TINS YOU arc specuating to the extent
that you substitute what YOU think is
chance of appreciation for sound in
vestment value-and in that direction
has lain the downfall of many an in
vestor. There is only one sound wav
of increasing your principal aud that
ls by saving out Of income. Even at
your age, by rcinvesting interest on
bonds you now hold in securities of
approximately the same general class,
YOU will be able to accumulate an ap-
prcclablc sum before YOU retire. If
you buy such securities as the various
issues Of Seaboard Air Line bonds, now
selling to yield from $50 to 1880 per
cent, YOU will be falling into the
speculative trap. The prospects of the
Seaboard. in the light of its earning
capacity during recent years, are poor
indeed and its securities have no place
in the investment list Of a man who is
saving for his old age. We suggest
two good railroad bonds meeting your
needs: St Louis-Sau Francisco prior
lien as, 1850, recently selling at about
oS, to yield 6.4S per cent to maturity,
and San Antonio & Aransas Pass, first
As, 1913, recently selling at about 60,
TO yield about 6.66 per cent to matur-
ltN
New-York tribune., 1922-02-14
Attribute Exchange
Advance to Better
Conditions Abroad
A Drop i'll European Buying
Here and Reduction Of
Current Balances by Gold
Payments Other Factors

Sterling's spectacular advar.o -
$50 'ast week, at which level it was
almost 2s cents above the quotation
at 'ho close of last year and st2t
apoVc the record low of 1913 recorded
III februsry, 1920. has operated to
center the interest of 4ho cr;.,
community to q greater extent than
III many months upon the foreign ex.
cianges. Other foreign currencies
also recorded important appreciation
as measured in terms of tho do,,ar
oo' 'hese gains were associated main
y win the movement in sterling. The
'esction which started Thursday did
not decrease the efforts which hank -
ers put forward to determine the basis
OF the rise. as the break was regarded
as technlcal IN character and not due
position. VIZ
The latest advance, which embraced
practically all of the Western Euro.
pean exchanges. is recognized bv in
ternat'onal bankers as merely an ac
centuated phase of q rise which dates
back several months 1t is believed
TO result primarily from actual i'm
proVement IN European financial and
economic conditions and from declin-
ing purchases by Europe of American
products. In the latter connection. y
reduction in the current balance owed
Us mas been accompanied by it's part
payment through shipment Of gold and
'ne use OF proceeds of foreign loans
? aced III this market. Such statisti
cal olsplays as are available point to
notably hrmer control in government
llnance III Great Britain, France. Italv
ana some other countries and to the
success OF measures designed to cur
tail unfavorable trade balances.
Aside from the betterment that can
be demonstrated statistically, the i'm
provement in the foreign exchanges
mas been aided by influences more
psychological than actual, such as
have emanated from the WASHINGTON
conference and from discussions re-
ia'lng to German reparations and the
Genoa meeting.
nave not shared in the movement be-
cause their difficulties continue with.
out alleviation.
:, The following comparative table in
dlcAtes the extent of the advance this
year, allowance being made for the
lateSt reaction. and also presents the
low quotations of some Of the leading
foreign exchanges during 1921. 1t is
important to note that the low last.
year was generally recorded in Jan
uary and that, as in the case of ster
Nng, the low does not, in all in
stances, represent the lowest level
reached since artificial stabjlzation
was abandoned after the armis+iro.
New-York tribune., 1922-02-14
Investments In Utilities

Question: should be glad TO hear from
you as to whether you consider the 8 per
cent preferred stock Of the Public Service
corporation OF New Jersey frst-class
Investment. They are offering this to their
subscribers at par. I notice that you FIRE
qucrtly recommend the Virginian Railway
per cent bonds. Are these "a first mort
frequently recommend the American Tele-
phone and Telegraph stock as q first class
investments The interest rate indicated has
boosted the price materially. ] cannot see
now this cominon stock can be cousid dere d
n first class investment, have serious
doubts AS to any public service company
being allowed to pay such dividends for
York Telephone Company has ever asked
OF the Public Service Commission Is rate.
that would enable It to pay per cent.
Consequently 1t would seem that per cent
on the American Telephone and Teesra ph
stock Is an unusual temporary rate
K. II. N.
Answer-We consider the preferred
stock of the Public Service Corpora
tion of New Jersey a business mans
investment. The Virginian Railway 5
per cent bonds are secured by first
mortgage OH the entire road. We have
never used the words FIRST class in
vestment" in regard to American Tele-
phone and Telegraph stock. We do
regard it as good investment. The
New York Public Service Commission
grants rates which will yield a certain
percentage on the value of public
service corporations property, not on
the par value of it's stock.
New-York tribune., 1922-02-14

e n. Belts. president ofssEari & VIII
son. Troy. N. Y, ,nanufacturers OF collars
and shirts to-day announced that on
March ] Colonel Gabriel Roberts Solomon
as vice president In charge OF sales and
advertising. Colonel Solomon Is resign
ing the presid dency Of the Solomon Abbott
Company. engineers, OF New York CITY
TO accept the post. The Solomon-Ab blot {
Company will continue under the presi-
dency Of Hunley Abbott.
William, Forbes Morgan. president OF
the Committee OF American Business Men
sent a thousand kilograms yesterday to
the leading business men of the country
urging them to protest to Congress
against the Fordncy stock tax to pay the
bonus and to appeal for sales tax as a
simple and economical method of raIsins
the revenue for the bonus it Congress
insists on passing that measure.
New-York tribune., 1922-02-14

this unlimited issue Of new unifying
bonds, the proposed plan fails to ac-
cord any representation whatever on
the board Of directors Of the reorgan-
lzed company to the holders of these
sinking fund bonds or adjustment
bonds-thus denying to the holders of
these bonds any effective check upon
(a) The issue of unifying bonds for
purposes not in The interests Of the
holders of the proposed sinking fund
bonds; (b) the diversion Of traffic or
earnings (by incquitablc divisions of
rates, traffic and trackagc contracts,
and otherwise), aud (c) the impair
ment of the assets Of the recognized
company by unwarranted dividend pay
monts on its common stock
Under the proposed plan all the
common stock Of the reorganized com
pany will be owned by the Western
Pacific Railroad Corporation. That
corporation Will also own all the stock
of the Western Pacific Railroad Com
pany, which is connecting line Of the
proposed rcorga nized company; and
the dangers involved in leaving these
matters unchecked and solely within
the discretion OF the Western Pacific
Railroad Corpora must therefore
be apparent
From exhibit attached to the pro
posed plan it appears. that, for the ten
year period ended December 81, 1920,
the average earnings Of the railroad
company, exclusive Of dividends, inter
est on securities and interest on bank
balances and excepting only dividends
on the stock Of the Rio Grande juno
ton Railway Company, applicable to
interest on funded debt, averaged over
$4,000, 900 per year-or about 81 900 900
per year in excess Of the total intere 81
requirements on the adjustment bonds.
the refundng bonds, and all underly-
New-York tribune., 1922-02-14
Wants s to 7 Per Cent

']ucstfon-Please inform mo as to your
"plfion IN regard to the following stocks
ould like to per cent without running
~" RISK of specializing, having about
H"."uo 10 invest: American Tel & Tel.
hhdlcott Johnson preferred. Pullman Com
ran9. ana Standard Oil of New Jersey pre-
,erred- Would appreciate sny others YOU
H'Rht mention to substitute for any Of
the aboNe.--C b
Answer-All the stocks you name
are good Investments. in our opinion
but we do not think that Standard Oil
OF New Jersey preferred is attractive G
at the present price. because the stock
is callable at about 115, that is to say,
at about its present market price. The
position and resources Of the compan,
make it likely that this stock will be
called if the present tendency of
money rates toward lower level con-
tinues.
New-York tribune., 1922-02-14

less than fwo-thirds Of that received
during December. and scarccly moro
than half the November receipts While
higher than the January receipts of
1921. the 1899 figure is only slightly
moro than half the January average
for the last three years H. January,
1890 i7a.08 bales wero received
The totals fer The first sax month
of the current cotton season arc az
proxinatciy cqeal TO tine average e--
months figure for the CORES p9adlar
period of the last three seasons, but
this includes the extremely poor 7oa
son of 1920~'2i.
The January receipt iy ciflcs
follow: Fall River 25,a37: New Ped
ford, 2S.758; Lowell. 9191; Lawrence.
1881 Manchestor. 222f.
New-York tribune., 1922-02-14

steadily ignored, the supremacy
passed into British hands.
Founded in 1899, by men, many
of whom were shipowncrs and for
eign traders, the Bank Of the Man
haitian Company contributed not
little to American supremacy on
the high seas. Today, with its sea
faring tradition, the Bank stands in
a peculiarly unique position to ad-
wise with customers on the posi-
b'Etes and actualities of foreign
commerce.
New-York tribune., 1922-02-14
Answe~We consider the prefcrrcd
Dancer of Speculation

Question: have recently sold my home
which represented the savings OF my lie
time. and have invested the proceeds in
stocks and bonds and would like your
helpful criticism. I am ii married man,
fifty years old and with my present salary
will not need the income from my invest
mcnts for current expenses. but as the
income is so small I would like to get
something which would increase the prin-
cipal in the future as old age provision
In I lose my position on account Of
age or Ill health. have five shares of
Standard OH of n. J. preferred; ten shares
bethlehem Steel common b, $500 bond
New-York tribune., 1922-02-14

Questions Of general interest to i~-
Vestors Wiu Be answered in this COL
1~'m' ~ which case only imitiols wiu
90 Msed. Others Wiu be ams,oered bv
mNn' Addrese all inquiries, inolos-
,na stamped, addressed envelope, to
rs"onc'dl Editor. The Tribune, lsi
Nassou Street, New York City.
New-York tribune., 1922-02-14
-Four tull columns Of in.
uestn,ent questions and an.
s1cers are published in The
Tribune every Sunday
Cleveland Reserve Bank
Will Cut Rate tn 41h p. e..

CLEVELAND, Feb. 12.-The redis-
count rate on all loans to member
banks will be reduced from to AZ
per cent by the Fourth Federal Re-
serve Bank February IA, it was an
nounced by j. c. Nevin, secretary, to-
night.
With the reduction the rate will
coincide with that charged by Eastern
Federal Reserve Banks, Mr.. Nevin said.
The rate in the Southern and Western
districts remains at per cent.
New-York tribune., 1922-02-14
Last Months Cotton Receipts
In New England Fell Heavily
Special Dispatch 10 7hc Tribune
" L w REI1E0 L Ii Mo- Eoh e.

6p0cfd7 Btspof1lI % Tho 1ribVno
NEW BEDFORD, Mass, Feb. t3.--~
Cotton receipts in Now England In
January took n marked slump from
the heavy movement that was in prog
ress during November and December
Only 1868 bales were received last
month in the five principal cotton con
suming centcrs Of New England
New Bedford, Fail River. Lowell.
Lawrence and Manchester ~ H or