davidaulloa/AmericanStories huggingface dataset:
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1922-05-29
INDIANS DEMAND
BETTER SCHOOLING.

London, Ont. - The world never did
appreciate the poets, and so Duncan
Campbell Scott, one Of the greatest
Canadian poets, is finding out Scott
is deputy-general superintendent OF
Indian affairs in Canada, and Chief
Deskakeh of the Six Nation reserve on
the Grand River, the largest Indian
settlement in western Ontario charges
that as a government official Scott is
a splendid poet.
Scott is the official who is being
blamed for the threatened insurrec-
tons of all the Iroquois tribes in
Canada. Indifference to provisions OF
proper schools in the Indian territory
is one Of the outstanding charges
made by the insurgent redskins
against the Canadian government. The
Indians want to be educated bu their
schools offer only smattering OF
even primary education.
The Indians want the money held III
trust for them by the Canadian gov
eminent spent for educational pur-
poses and spent at once. and not after
they are all dead. This money, many
thousands Of dollars originally was
granted them by the United States
government in return for the ands
thew vacated in New York state more
than a century ago.
Honorable Chalres Stewart, minis
ter or interior affairs in the Mackenzie
King cabinet, recently visited Ohswe-
wen, the capital town of the Six Ma
tons confederacy, and promised com
plete and thorough investigation OF the
alleged grievances.
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1922-05-29
ALWAYS LOOKING TO AMERICA.

Mr. says that the soce government OF huSSa
loan Of billion dollars Now note the language used Inc Dol
sbvss do not request they demand it. Usually porro"
or reouess but intending borrower who demands IL
usually the highwayan who his reqest IN the form Oh
ond Then TOO that wanted in dolar-unce sam
money There no request billion rubes billion francs
or a billion pounds sterling dollars are desired
Here we have one hangover from the Wilson admsta
ton Wilson taught world to beev that the treasury doors OF
this country open supply the wants OF all the rest OF
the nations of the Therefore having confscated all the p
vate property and turning sources OF possible
cation the head Government thinks immediately OF the
limited Satesbe nation which Lenns partner Trosky wanted
overthrow. -,
What strange communists must have concerning the
snity of the American people Only few days before Mr. len
had declared that naonaed word
for confaton synonymous with stealing After admitting hat
the So propose steal everything they get their hands on
Mr. Tenin wants the United loan them billion das
which sum thew would Immediately naonaize otherwise eons
cate, otherwise steal. ~
And vet after plain disclosure of the plants OF Russia
TO make the United the there still lot good Amer
leans who country send delegates to The Hague and mix
the horrible brgandage which seems to have
grown no less since the clase of the European war
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1922-05-29

Ledger Service-Efnciency
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1922-05-29
COMMISSIONS CERTAIN e.
FOR NAVY CADETS.

Washington. - Unless the 1928 ma
val appropriation bill is passed and
sisned by the President before June 2.
commencement day at the naval acad'
envy, oil o fthe 81 members OF the
first class. II they so choose. will BIO
commissioned In tho navy despite Of
forts in Congress 20 cut down the
number OF those 70 bs made ofheers.
The naval appropriation bill, which
now 10 bsfors tho Senate naval COM
piftss, provides that not mors than
800 members Of the Ast class shall
Do commissioned.
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1922-05-29

We have with us again the Sweet oip Graduate,
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1922-05-29

standing, if commerce is handled in an
honest Straightforward way and If the
goods are delivered to the front door
In American built American owned
and American manned ships. We do
not seek to do all the carrying OF
ocean freights but We ought to carry
at least half OF our own foreign trade.
That is what President Harding and
the Republican Congress are striving
to attain"
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1922-05-29
wRANGEL'S POWER
GROWS IN BULGARIA.

Prague. - Progress toward union
of the Russian anti.Bilshevik forces
abroad around the personality OF Gen.
Wrangel, formerly commander Of the
White Russian armies In the Crimea,
is reported here as a result OF confer
ences held in Belgrade in March.
The difficulties in the way are said
to be great, but vladimir Shulgin, q
Runssian editor formerly of Kiev. says
that Wrangels influence has gradual
ly drawn together the Russians In
Constantinople and sofia, has gained
ground In Belgrade and now is about
to win the support Of those Russians
in Paris whose spokesman Is the phi
losopher, NJ. Kartasheff, president Of
the Russian National Council in Paris.
About $4,000 Russian soldiers, most
ly officers, have continued to remain
loyal to Wrangel since they were driv-
en- out fthe Crimea and some thou
sands o them are performing frontier
guard or gendarmie service In Jugo-
slavia where the ir discipline has con-
tinued. In Bulgaria these Russians are
subject to their own authority and the
sentences Of their court-martials are
carried out without reference to the
laws Of Bulgaria.
The wrangel forces actually are
better armed than the Bulgarians and
recently have received arms and mu-
nitions from allied sources abroad.
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1922-05-29

Postal receipts April almost IN per cent more than for
I'll Of last which another nnfans indication Of the steady
with Of national prosperity. ~
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1922-05-29
SECRET MARRIAGE IN MARCH
OF YOUNG COUPLE ANNOUNCED

Jeersontown. Announcement is
made of the secret marriage in March
of Miss Katherine Hurst, young
daughter of Mrs. George Hurst, and
William Lesshaft, Jr., the young peo-
pie having eloped to Jeffersonyille,
Ind, and returned home without de-
lection.
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1922-05-29
SCHOOL GIRL IN DOUBLE
RUSSILLVILL EELOPEMENT

Russellville. - When Miss Willie
May jackson left home with her books
she was credited with a day in school.
When she returned she was Mrs. Clar-
ence Klymer, having participated in in
a double elopement by motor to
Springfield, Tenn. william Dart and
Miss Stella Patterson were the others.
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1922-05-29
MUSEUM BURGLARIZED But
WHISKY PROBABLY SOUGHT.

= Harrodsburg. - The museum OF the
Harrodsburg Historical Society was
entered by burglars, who priced open
a cellar window at the court house. A
check is being made of exhibits, but
the authorities hope that seized
whisky supposed to be in the base
ment and not priceless relics of pio-
neer days was the objective.
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1922-05-29
NE WCOAndERCIAL SERVICE.

Hoove innovations the Bureau Foreign
Domestic Commerce the Surye vi Current Business DIVISION
statistical service for business Large business corporations
nhe need Of such and many have
made it part organizations The Federal Bureau
undertaking provide the facilities for all industries Extreme
completeness that feature the reports OF Federal
subordnated placing reliable
disposal of manufacturers realized that fig
covering 60 rs of industry usually sufficient
provided they available at bfore they
significance In 1921 1862 companies failed with
liabilities oang 1927 Most Of those failures due
judgment that could have been obvaed had stat
information been at hand The elimination Of that
capital the goal Of the statistical division
of the of Foreign and Domestic Commerce.
citys big hit OF hospitality entertaining big
state convention along couple of fellows
give judgment against the city for approximately
Of welcome they received when they here few weeks
ago o sell picture engagements
s. --=--
book entitled the Sins Hollywood" has been barred from
said picture OF Mephsophees beautiful girl
tion-pcture camera.
power for peace No doubt Of all Therefore,
hats to President Harding who determined to adopt aoofne
policy
Postal receipts In April almost IN per cent than for
April Of last which another nnns indication Of the steady
growth Of national prosperity, r.
We have with US again the Sweet 0yi Graduate
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1922-05-29

AS there is not much chance Of the
bills enactment within much less than
a month, House leaders said today that
APPARENT the navy department would
win its fight to commission the whole
of this years class.
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1922-05-29

Lloyd George the yaooness Of the United States
power peace No doubt Of ALL Therefore, take of
President Harding who determined ndopt
policy
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1922-05-29
HISTORICAL CALENDAR
FERNIE FLORA FLOWERS NEW
NAME OF BRIDE, FOURTEEN.

Elizabethtown - Miss Flora May
Carter, fourteen years old, was mar
ried to Fernie Flowers, %, by Rev. A.
C. Hudson. Both live at Custer. Now
she's Mrs. Fernie Flora Folwers.
New-York tribune., 1922-07-31
Wants Income bonds

ou.siion-Wni vou kindly i've mo your
Criniou of tho following bontai scw or
leans. Texas n Mexico Income he, 1906
st Louie g San Francisco Income fs. and
Che Missosrl Kansas r. Texas ta. rating
fhem na 20 preference what 7 would ike
f0 know il the territory served. whether
volume o. Traffic wlii BROW, and the
cslvorshlp. the last point especially. IN
regard % tho New Orleans. Texas p Mex
leo. would the company redeem them az
par value in 1882 I thank you for your
attention. and any help you can extend mo
Win bo appreciatsd.-W. G. s.
Answer-Tho Missouri, Kansas {
Texas Railway is just about 20 emerge
from q rcceivership. The company BE-
earning oil interest char eS including
the full o per cent on the diustment
mortgage bonds. by n CONT, able mar
gin. Nearly 1000 miles Of road are
included in this system. Tho lines ex-
tend from 81. Louis 20 Kansas City and
south 10 Galveston and San Antonio,
with branches reaching Hannibal, Mo-;
Junction City, Kan; Joplin, No; Okla
homa City, Shreveport. La, and other
important centers. Tho 81. Louis-San
Francisco Railway was rcorganizcd in
1916 and since that year has been
doing we'll, earning and paying interest
on the 8 per cent income bonds. The
company operates from So. Louis south
via Memphis 20 Bim rgiam; a line
from 81. Louis 20 Springfield and Kan
sas City; a limo from Sprirgheld via
Fort Worth 20 Brady, Tex q line
from New Orleans west via Baton
Rouge 70 Houston, and numerous other
smaller lines In the samo general ter
ritorv. The New Orleans, Texas &
Mexico Railway took over tho prop
critics OF the New Orleans. Texas &
Mexico Railroad which were sold
under foreclosure in 1916. The com
pany operates .2i5 miles OF road link
Ing up important cities In Texas and
Louisiana. This company, like the
other two, Is earning interest on its
income bonds by a comfortable enough
margin 10 Justify our placing these
bonds. with the others, In the class Of
investments suitable for a business
man. In the event Of recelyorship, in-
come and adjustment bonds do not en-
iov an enviablc position, since they
arc for the most part mere dcbcntures
secured by the earning power OF Tho
company. The New Orleans, Texas a
Mexico IS mature In 1885, not 1880, o..
your letter states. Tho principal
amount Of tho bonds viii be due in
that year
New-York tribune., 1922-07-31

CrcGfion-In your columns o. Invest
fcni Information Of July there are mem
toned the names of good 500 bonds.
Would o. DO consiatolt Tor you 20 give tho
writer tho name ~ any broker who os-
fcuiC4 on order for ono. two or three of
fho nouir mentioned at market pricea7
.ir export nee has been that even those
dnalfra who advertise odd lots and baby
bonds haFe fo charge moro than too mar.
fcf price, unless they more or Ices make
specially m the bold 0r stock. Tho con.
hifnt1 4 rrpoHo in your advice and com-
unnta. appearing lu your columns from
na1 to day. la my only reason Tor making
THIS inqu'ry.-M r.
Answer - We do not know OF any
house acting strictly as broker that
executes orders for 500 bonds at the
prices quoted Tor $1,000 bonds. Bonds
Of smaller denomination than $1,000
are not delivery on tho stock Ex.
change Even n $500 piece cannot be
bought at tho prico quoted for regu-
lar unit, but two 5000 bonds constitute
\ delivery. IL is the same with odd
lots Of stocks the customer purchasing
less than 100 shares being required 10
pay one-eighth or one-quartcr point
more than the regular full-lot price
when purchasing, and 20 accept one
eighth or one-quarter point less when
selling
New-York tribune., 1922-07-31
Anxious About Brazil ss.

oues,isn-wu you kindly give me your
reasons f0r advising people o. dlHnnff ~
Uufed states of Brazil tst own .lin
of these bonds. consequently aln anxious
for an cEpianation.-aira. ~. p. q.
Answer We do not recommend
United States Of Brazil Ss for Invest
ment. but where we have advised per-
sons 10 dispose Of them 30 has been be-
cause we have felt that the bonds were
not suited 90 the particular circum-
stances Of the investor concerned, or
whore we have believed that list Of
holdings required strengthening or ball
ancing. Brazil. in common with other
South American countries, has recently
passed through q period oi severe de-
preston and strenuous adjustment, and
financial and economic conditions can-
not yet De regarded ns satisfactory. An
element of political risk also enters
into tho bonds OF virtually all Latin
American countries. These conditions
are the explanation OF our attitude
toward the bonds. We look upon them
az reasonably sound and suitable for n
business mans Investment. but they do
not possess the requisite measure of
security Tor the investor of small
means or Tor thc investor who depends
wholly or in large pare upon the in-
come from a limited group Of holdings.
As we DO not know your circumstances
uc are unable 90 give specific advice in
your case. but hope that what We have
said viii help you 20 determine FOR
yourself what you should do.
New-York tribune., 1922-07-31
Exchange Feature In TOho 4

Cursf.ot-r wish very n1ch % se.as
what Information n pcss'oie ef o ~
I0Ffr 90 1854 as % frarartA9N..y, -,
ify back Il them. amount ofiginsAy $50 -.
and outstanding nov, nov ane
money psid dsnomfratlors syailiss ~.
if raid 'rrssrocflvs % ercha1ys ftia ~
asE you 10 give re thit iaisrz1'ias'
which believe 20 bs reliable, sase
have prof'abiy awaited myself CT "
paS,-G. b.
Answer-The City Of Toho i''1s y
watch you refer was brought o'i =
.ss amount o. s5,l75 900 and loo,s'0'"
francs IN 1912. There are nsS os,
standing f36so,ioO ard s'zs''s.'
francs, tho difierenes between eoaH
issued and outstanding rspFs'sIn'ss
the workings Of a sinking fand vac
/, calculated % retire the Whs' "
,ue by September /, 1859. An as's..'
lative sinking fund O ! y;f "ss
commencing 1915. Is sppNsd 70 u
psrchase OF bonds N The cpen 80.
when tire price is under par, =. -.
yepay1lent al par by draNlas ~
~ prices are shove par ne -
isrue Is redecmable af,er Yen -
from issue on six months se','a
mar bv drawings. These toaa
secured as 20 principal and ir''s's -. :
a first charge on the annual ~ 4.
nne OF the electric tramways a., ~
trie light plant Of the Cliy o. ~, ~
ana are rlso secured By r
charge on all the other reyen.i
the city. Interest Is payable
don In sterling and IN Neg lns ....
dollars at the current rate oi sa..' ,s. =,
TIE price is thus soyern'a o' W.
Z exchange.
New-York tribune., 1922-07-31

ou,-t,on-I am ono Of your daily resd-
I sra q professional person Or me aihhf t%y.- %
sidored "a bad investor. Would y hlhqV
ofel IA follows. ] virginia Railroad =
! Power o., 2 ontario Power 81 hWllt ~
Co 6s. 2 Armour avs; Armour ~
United Kingd9,m. e", isgH sy,,.s S'ssa'f ss, i
| province q New brunswick ss' Province
IL Ontario fs. ! Province of ontario ehsl
1 Province n quebec Co. Libert3 pohas si ih
email denominations amounting ~ sl'yysi
DO shares Standard Oh o. New jersey pro.
ferrsd. 20 shares swift A CO. preferred
shares United states steel preterfeai ~
rharcs Chemuug Canal Trust company ~
aharaa Kennecot Copper. purchaseea ny ny
different times 20 na 20 average e.,
shares Shattuck- Arizona am fllll IN
good health and earning capacity ana 40
not uee the Income from these lhf.ht..'.t.
can an0rf 90 hold mo copper stochl J. u y
visa should sell the Fronch bondf l
would mako - points profit on tho Swiss
bond: should ssli it2-A ~ s.
Answer-Thero Is much truth about
your statement that individuals Of your
profession are bad investors, but, en-
tlrely apart from any desire 70 hatter
you, We must say right at tho begin
ming that Jou arc one Of the exceptions.
with tho exception Of your shattuek-
Arizona stock, your investments are all
well chosen. We do not eriticise your
Kcnnceott Copper stock as unsuitable
rs 20 grade Of security, FOR an invest
mcnt containing 20 many high grade
bonds might easily include a small lot
Of stock having speculative character
/ istics. but wo DO think that 1876 shares
| Of this stock represents too large q
proportion OF. your investments as a
whole. II can scarcely be doubted that
/ this stock will recover with any gem
oral improvement In the copper indus
| try, but even while believing this we
think 20 would be wise 20 reduce your
I holdings In Kcnnocott, Tho point is
I that your investment Is all out Of ball
auce In this one respect. This is con-
dition that should be corrected nc some
time, and Il Is highly improbable that
you will be willing 20 take the step
later on when tho copper industry is
/ having another tasto Of prosperity.
Your Swiss bond Is a good investment
and should be retained. despite the
/ profits that you would realize by SELL
/ ing. 10 is not eallahle until 1880. The
/ French per cent bond is another issue
which might well be retained.
New-York tribune., 1922-07-31
Doubled Ills Money-How7

ous,,ion-r would Ike very much for
YOU 10 answer mo and give me the lhteF-
nation on the following question. o.
posted 600 IN a foreign bank and IN six
norths / withdrew ~ and made a net
mont OF $4,000. That q. I doubled my
money. Also ! received siS months IN
torest az PER cent. IS I paid the orisi-
raj 5000 IN a bank IN New York and fe-
rslved the 5000 az tho same bank. pleas
explain who's the loser. Il is TOO deep tos
mes. c. B.
Answor-You give insufficient data In
your lettor for US to explain precisely
how you mac 5000 IN your bank de-
posit. You lould not have made IL, as
you say, BY dopositlng $1,000 In a for
eign bank and Elk months later with
drawing Il with a net profit Of 5000
What you evidently did was 70 convert
your original $1,000 into foreign cur
rency whose exchange value has
doubled IN the last six months. For ex-
ample, let us assume, 20 take hypo-
thetical question instead OF real one,
that you purchased Czccho-SlOvakian
crowns when they were quoted 90 one
cent crown. For your $4,000 you
would have received In o Bohemian
bank a credit OF 100000 crowns. Let
rs suppose that six months later, az
tho time Of withdrawal OF your de-
posit, the crosn had risen 20 two cents
in the foreign exchange market a gain
Of 100 per cent IN value. Consequently
your 100000 crowns would be worth
100000, and you would have doubled
your deposit In terms OF dollars.
Moreover, the bohemian bank would
have paid you interest on your crowns
The bank would not be the loser, for II
would have received crowns and paid
out crowns. Those who during this
period have sold crowns short partici-
pated In q speculative operation based
on the assumption that crowns would
30 lower would have lost IN proportion
as you gained. Ia speculative opeh.
tions IN the open market Jou DO not
ind loser Of an equal amount FOR
every individual who makes n profit
for there arc buyers and sellers IN
varying amounts az every stage Of huc-
tuating prices. Perhaps, as you say
The operation Is too deep for you. but
you made a 100 per cent profit and that
ought 90 be enough. II ySu arc seri-
cusly interested In the underlying
principles governing the rises and
ialls OF exchange rates we sugges,
that you read such textbooks on for.
eign exchange rs Foreign Exchange D
By Thomas forke, published By the
Ronald Press, and Foreign Exchange
Explained" by Franklin Escher, pub
lshCd by Macmillan.
New-York tribune., 1922-07-31
unIon Paslfe.soulhern PaeIac

Qucauon-kindiy adVise the writer your
opinion rrf1rlinF fh following stocks ard
bonds whi.h am o'niemrlsilng pnrchas.
inf for inrefimsnt 10 you cona.fer any
of these speculative kindly advise. Union
racine common. southern faIile common.
Northern Paclnc-Grrat Northern tonda
standard on Company ~ California bonds.
WIN you aiEo inform me the dividend rate
on each of tho above and OF what basis
ihe dividend D. ngured7-A 8. T..
Answcr-In our opinion the Southern
Pacific stock contains a greater element
OF speculation than Union Pacific,
owing 20 the Panama Canal competi-
tlon. which tho Southern Pacific is en-
countcring. Union Pacific common De-
suitable for investment In conjunction
with other securities OF higher rank.
Il receives a dividend Of $40 a share.
while Southern Pacific receives So o
share. The Northern PaciGc-Gr
Northern 6h per cent bonds should not
be purchased for investment, because
the company has called in an outstand-
ing bonds for redemption on July 81.
The privilege Of exchanging them bond
for bond for Northern Pacific o. cx-
pircd on July -. We suggest Great
Northern Us, due 1886, and selling re-
Gently 20 yield about "a per cent, as
n substitute Issue. Standard oil OF
California bonds bear Z per cent
coupon rate and are a good investment,
but II your aim Is 20 tie uD your funds
for a long period this issue n scAfce-
y suitable, both on account Of the near
b. maturity date and the fact that the
company is privileged 20 call the bonds
for redemption on any interest date at
a preRign sloisly spproxiwating the
pra.snt maSket prisA.
New-York tribune., 1922-07-31

/ ouestion-Is r possible af fhe rrr1rni
i time Ha ffiy f0 lnrrfarn ihe amount NI NN. f.
\ bond holdings hy hulnF un ffInf hhI-
/ kof. later selling and buying nffn nn
ririrr narkrfP ID a8 hnN beet may one
proceed o. accomplish fhia refuItf if ii,
bond market o. fnn present Nnn nor fliat
or nearly s17 How hieh should l1ni pe
rated ln order to hc fnI '1far'gft COZ tifi'i
on a loan az raFlnrs bank i-b. M.
Answer-s Speculation involves thc
taking Of larger risks IN the hope OF
/ obtaining profits. Investment implies
| the purchase OF socuritios whore me
/ main considerations are safety OF prin-
pal and regularity Of Income. You
evidently wish 20 combine the two
/ operations by spcculatlng in inyca e
mcnt bonds. We think you would DO
/ better 20 purchagc bonds for their in-
I trinsic value and hold on 90 them. hp-
parcntly YOU wish, from distant town
| i'm Wisconsin, 20 match your Judgment
regarding the temporary fluctuations OF
The bond market. against that of bond
traders in New York, who sit cirn day
for five hours 40 the bond ticker watch
Ing every price change and keeping
themselves informed regarding i.n
broader factors that condition tho m
ket tendency. II you wish 90 trade in
bonds any hrm Whlcn NtH l"' .ii''i
ship IN tho New York Stock Exchange
will execute orders for You. II you
desire 20 buy bonds % hold you can
also get them through your local
banker. Your inquiry as 20 whether
tho bond market Is normal implies tho
belief on your part that IN. ordinary
times bond prices remain stationary.
As a matter Of fact, even tho highest
grade bonds fuctuate proportionaicly
with changes IN the general trend OF
intores. rates IN tho money market.
Savings banks are for tho most part
conservative and their loans are re-
strictod By state legislation. n YOU
wish 10 know whether any particular
bond would bo good collateral, ask an
5ncial Of your local savings bank re-
gardlng the value Of the bond and its
eligibility ns collateral before you
make tho purchase.