davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1922-02-11
FEDERAL RESERVE. BANK OF RICHMOND
Notice RsdsmptIon

- Holders Of Victory Notes and Others Concerned
Notice IL hereby given Is follows:
l. Cell Tor Rsdsmptsn Of 50 sss cent vyetory
Nsfss. An Of the 3 - per cent series Of United
States OF America Convertible Gold Notes Of 1872
1873. otherwise known Is 8 "a per cent Victory
Notes. are hsreby called for redemption on June
Is. 1879. pursuant 70 the provision for redemption
contained In the Notes and In Treasury Depart
ment Circular Number lss, dated April q, 1919
under which the notes originally issued In
tsrest on all Victory Notes Of the 3 "a per cent
Berries will cease on said redemption date. June
IS. 1921. 49,
3 susssasisn and Termination Of Victory Mote
Csnvsrssn Privilege. In view Of the call for the
redemption Of all So per cent Victory Note. on
june is 1921. and pursuant 10 the provisions Of
said Treasury Department Circular Number 1888
the privilege Of conversion Of Victory Notes Of
etther series into victvy Notes OF the other
series 10 hereby suspended from February 0, 1922
20 June Is. 1922. both inclusive, and on June u.s.
1922. Will terminate. Victory Notes accordingly
cease 10 be interconvertble. effective February O.
1872. and on and after that date no conversions
q the Notes may be made.
3. Detailed information Is 10 the presentation
and surrender Of 81 per cent Victory Notes for
redemption IL given In Treasury Department CIR
culsr Number 277. dated February 9, 1922, copies
Of which are available at the Treasury and the
FEDERAL reserve banks A. W. MELLON
February .. ls22 Secretary Of the Treasury.
The Washington times., 1922-02-11
Bankers and Brokers
Opposed To Stock Tax
Protest to Ways and Means Committee on
=. Proposed Levy on Transfers of
=" Stocks and Bonds.
BY HARRY GUSACK.

Bankers and brokers throughout the country sending
letters and kilograms to Chairman Fordhey of the Ways
and Means Committee protesting against levy on stock
and bond transfers.
The Washington times., 1922-02-11

Despite the fact that the revised
plan of Congressman Fordney Will
reduce the proposed tax on such
transfers from one-fifth Of 1 per
cent to one-tenth Of ! per cent,
reducing total charges from $54 to
50 per 100 shares, bankers and
brokers generally are making a con-
certed effort to set as de the de-
cision reached by the House Ways
and Means Committee.
In a telegram to bankers through
cut the country, l.. A. Mershon,
deputy manager Of the trust com.
pany dIv.s-on of the Amer. can
Bankers Association, yesterday
urged that prompt action be taken
In protesting against Chairman
Fordney's proposal to lexy tax on
stock transfers as unjust, excessive
and dangerous, and would impose a
burden on business already taxed to
. breaking po.nt.
Although Washington bankers
have not taken any action in the
matter yet. it is understood that the
subject will be brought up at a
meeting Of the District Of Columbia
Bankers Association next Friday
hight at the Cosmos Club.
Baltimore bankers and brokers,
II was learned today, have Joined
with those of other cities in send
ing messages to members of Con-
eress, and especially to the men,
bers Of the Ways and Means Com.
mittee protesting against the pro-
posed levy.
The Washington times., 1922-02-11
U. S. READY TO HANDLE
PRE-WAR HUNGARY BONDS

The State Department announced
today that # is now ready to re-
ceive pre-war unsecured bonds OF
the former Hungarian government
owned by American nationals, which
were held outside OF the success
sion or cessionary dates on July
28, 1921.
A circular has been prepared set.
ting forth In detail thu procedure
TO DO followed In submitting bonds
and copies OF this circular are being
sent 10 all persons holding the Sc.
curities.
The Washington times., 1922-02-11
Steel Tonnage Tod

U. 8. Steel Corporate
on its untitled tonnage an
airy 81 at noon today.
likely to be little change |
4,26S,4 tons on hand on \
81. General expectations
q slight increase will be 81 !
will have little influence
is a stubborn short interejI
steel shares, notably La
and Republic. Both thel
wanna and Republic report
be forthcoming next week
prove to be rather poor
There is also some doub
what action the Republic
will take regarding the
dividend payment.
The Washington times., 1922-02-11

Certain items of incomes are sDe-
officially exempt from taxation under
the revenue act of 1921. Among
them are the following:
Proceeds of life insurance poll,
cies paid upon the death of the in
sured.
Return Of premiums on life in
surance. endowment. and annuity
contracts.
Amounts received through scci-
dent or health insurance. or under
workmen's compensation acts. plus
the amount of any damages re-
ceived. either by suit or agreement.
Interest on securities issued un-
der the provisions Of the Federal
farm loan act Of July II. 1916.
Interest on the obligation Of q
State or Territory. or any city.
town. county or village, and the
District of Columbia. Interest on
obligations of the United States
Liberty bonds, etc. and bonds
issued by the War Finance Corpora
ton Is exempt from taxation, ex-
cept that interest. on such obliga-
tons issued after September !. 1917
(other than postal savings certifi-
Gates Of deposit) Is exempt only to
the extent provided in the respec
tive acts authorizing the issuance
thereof.
All interest paid or accrued on
money borrowed within the taxable
year to purchase or carry securities
or obligations. the income Of which
Is subjected to tax, Is a proper de-
duction. Interest paid or accrued
within the year on money borrowed
to purchase or carry wholly tax.free
obligations Of the United States lex
cept those originally subscribed for)
such as 3% Victory notes, certid-
Gates Of Indebtedness, etc. issued
after September "a, 1917, Is no longer
an allowable deduction.
In arriving at net income, the fol-
lowing items must not be deducted
from gross income:
Personal family or living expenses.
such as cost Of maintaining a home,
servantsf wages. family life insur-
ance premiums, gifts to dependents,
cost and upkeep Of automobile used
for pleasure or convenience, railroad
Communication fare, and similar items.
Amounts paid for new buildings,
or for permanent improvements or
betterments made to increase the
value of any property or estate.
Amounts expended in restoring
property or in making good the ex-
haustion thereof, for which a de-
duction Is made for wear and
tear" or depreciation.
Premiums paid on any life IN
surance policies covering the life
of an officer or employee, or Of any
person financially interested in
trade or business carried on by the
taxpayer when the taxpayer In
directly or indirectly a beneficiary
under such policy.
Premiums paid on insurance I'M
der the war risk insurance act.
Salaries paid officers and en-
ployees Of a State or political sub
divisions thereof" such as a city,
town, county or hamlet, are ex-
empt from taxation. The exemp-
ton does not extend to salaries
paid Federal officers or employees
Including the President Of the
United States. the Judges of the
Supreme Court and inferior courts,
and all officers and employees,
whether elected or appointed of the
United States. Alaska. Hawaii or
any political subdivision thereof,
or the District Of Columbia"
The Washington times., 1922-02-11
d. C. Bankers Meeting.

Directors Of all member banks are
being invited to attend the special
meeting of the District Of Columbia
Bankers Association next Friday
night at the Cosmos Club. In addi-
ton to the address by Eliot II. Good
win. resident vice pres. dent of the
United States Chamber of Commerce,
there will be an analysis Of an ad-
dress made by Francis Coates, jr.,
at the association convention on
Audit and Auditing Department for
q Modern Bank"
The Washington times., 1922-02-11
|. c. c. Fixes Valuation.

The Interstate Commerce Com.
m ssion today announced that It had
fixed the following tentative valua
tions on certain railroad properties
Minneapolis Western, s794,0SS: Salt
Lake and Los Angeles, $315.391.
The Washington times., 1922-02-11
Local Stocks.

SALES
Washington Gas TVS, $4,000
1851.
Cap tai Traction. 25@95%, a@s5ss,
20Q95H.
Lanston, 10@74. 4Q74.
Mergenthaler. 10@142. 109142, 10
142k.
AFTER CALL.
Potomac Electric Cons. Us. $1,000
Q91.
The Washington times., 1922-02-11
The Low Priced Oils,

Pools in the low priced Oil
encouraged by the success q
groups. are planning to ren|
erations in their favorites.
connection much use is Nkel!|
made Of the disappearance
pectations Of a cut in crt|
prices. Also talk of "Standa'
buying will be heard. There
doubt that Standard Oil in
have been acquiring inter-
some companies. However,
comm tments are confined to
companies which have SUI
settled production to make It
while. With the coming Of
II IL natural that some Of III
givings regarding the status-
oil companies will be reno
demand for gasoline increas
The Washington times., 1922-02-11
WALL STREET co
Bond Prices Attractiv'

Bond Prices Attractive
The steady increase in bol
tations has naturally led .
fear that the best period for
has ended. However. many inv
experts feel otherwise and n
there are many bargains
bond department. In this
ton the American Trust c.
In its February circular
THE investment market d
somewhat in January for l
that are not difficult to unc
During the latter part Of I
issues were put out. large
amounts and numbers. E
these attractions were d
for their, consummation on
I maturities and other adju
all Of which had a tendens
strict further commitments
the new year. The factor
ever, influencing the publ
cure investments are still g
Prices are concededly low
parison with those of norm,
Bank reserves continue to
not alone as the result Of
but on account of the c
increasing volume Of actl
in the country"
The Washington times., 1922-02-11
ADzEs ss9S, HHPe BUSINESS AND FINANCE o
INCOME TAX
IN NUTSHELL
Furnished bp U. s. Internal
ReVenue Bureau.

WHO, Single persons who had
not income Of 81 1000 or moro,
or gross income Of 5000 or
more. Married couples who had
net income of $1,000 or more, or
gross income Of $1,000 or more.
WHEN? March Is, 1922, Is final
date for filing returns and max.
ing first payments.
WHEREf Collector Of internal
revenue for the district In which
the person lives, or has his prin-
cipal place Of business.
HOWL Four per cent normal tai
on taxable income up to "a, 900 In
excess Of exemption. Eight per
cent normal tax on balance Of
taxable income, Surtax from I
per cent to S. per cent on net
Incomes over 5000 for the year
1871.
The Washington times., 1922-02-11
Made Cashier Of Bank,

Charles ". Etzler. receiving teller
ct the Metropolitan National Bank,
has been elected cashier of the Ana,
costa Savings Bank. He will as
sumo his new duties February Is.
The Washington times., 1922-02-11
Houghton Is Confirmed.

The Senate late yesterday confirm.
ed the nomination OF Alanson b,
Houghton to be ambassador to Ger.
many
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1922-07-18
FILMS SHOW ROAD BUILDING
Scenes Depicting Actual Construction
Of Various Typcs os gAtoh~tays
Are Displayed.

.Close-ups of the activities Of the
bureau of public roads are contained
In two films released, Building yBi-
luminous roads," and Affixed Asphalt
Payements." The new films show how
Uncle Sam, who has become the
worlds greatest road builder through
the federal-aid road act, makes use OF
bituminous materials in the ae0nstruc-
ton of the Nations highways. *
"Building Bltumlnous Roads" deals
directly with the surface treated and
penetration macadam type OF bitum-
nous roads. ..ass'. -.r,rA. -
"'Mixed Asphalt Pavements" en-
braces the construction of asphaltic
concrete and sheet asphalt roads, and
carries the audience from the paving
plant, where. the materials are mixed,
to the completed highway, open. for
traffic. Scenes depicting, the actual
construction Of, the various types at
roads were made under the direction
Of skilled engineers Of the bureaus f
public roads, United States Depart
ment Of Agriculture, and are designed
to instruct the laymnn as we'll as the
engineer in modern bodybuilding prac-
tices. Several animated sclose-ups
graphically depict the details Of con.
struction. &c. - ~ az,
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1922-07-18
ESKIMO HAS EAR FOR MUSIC
Natives Of the Arctic Regions Have
Exclusive Right 70 Their Own B.:
Compositions.

,.Knut Rasmussen and Fridtjof Nan
sen and also Hinrich Johannes Rink,
who was sent north years ago by
Lady Franklin to find her husband,
have given to the world valuable
facts about the customs and lives Of
the -Eskimos. - Christian keden's
unique contribution from the arctic
regions is in the field Of music. For
years he studied and faithfully tran
scribed the Innuit melodies. Each.
Eskimo, he says, Is Obliged ito COM
pose his own song, and no person
may sing the song OF another with?
out first obtaining permissi0n. The
mother has her, cradle song, infinitely
low and sweet. The hunter has his:
song of the chase, clear and held.
Even 1.-THE bad man of the tribe has
his song, and 1t was quick and an
propriately brazen. t,.t b. S'i'|a '5-,'s
Harmony has not been developed
among the Eskimos. They sing only
in unison. But their. .melod dies. are
weird and wistful, apften consisting
of only two or three motives, which
are strangely effective. e. sg&,;i : :stt.
It Is during the long polar night
that the Eskimo has time to rest In
his igloo and sing his songs.
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1922-07-18
SUPPLY OF GAS IS ON :.
! DECLINE REPORT SHOWS
,!slContinued ,From .Pa9e ~

Fl s.lC01e1nu00 From H4&e -
742,331 gallons. The previous month
!ly production record Of this product
was $50, 100000 gallons attained in
December 1921. Stocks of gas and
fuel oil on hand June i were l.
.321,437,372 gallons an =. increase
of So, 100000 gallons over the pre-
vious month. .<% m. ~.-.,.
sOf interest to automobile users
is 1,Ae announcement. that stocks of
slubricating oils showed q decrease
Of 80, 1897 900 gallons from the fig
uras for the previous month. The
production IoA lubricants in May
AMOUNTED to 79,848,372 gallons an
,inssrease of approximately 1000, 900
gdflonssoyer April, but increased
>cMsumptions Of these products affec
ted reduction lin stocks to fig
ure of $226, 293,334 gallons as COM
pared with 237,229i81A gallons on
hand May 4. tits estimated that APP
.proximately;a6On per cent of the lu-
bricating soils produced are .conspm,
ed by automobile users. I. +t,s
:. !, Stocks Of kerosene:-on hand June
i, amounted, to 318,s90,131 gallons.
Production and stocks of kerosene
show d decrease for the month Of
May stocks having reached the low
est point since. September, 1919. yEx-
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1922-07-18
Pink Geranium Turns White.

; Pink Geranium Turns White.
A few years ago q Saskatchewan
girl got nice geranium. It had dark
green leaves and single pink flowers
After having It for q year she decided
to send a slip to her grandmother in
Ontario. Then the following winter
the girls geranium@ died and her
grandmother sent her, slip. 1t grew
well, but the grandmother's plant died
the following winter. Again the girl
sent her grandmother slip which
grew, well. After a time the grand.
mother took sick and the plant went
back to her grandchild. Then this
plant commenced 10 shaye new pure
white sprouts cong BON the root. This
continued until .sAH had q perfectly
white plant, apparsptl sheatthy. How
ever about the time the gtAnd mother
died this plant dtoa ed and lied with.
In q few, days. X N
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1922-07-18
THE
Twentieth 'sa. .
century i I 4 !: i i
~ : LIMITED.

Il. Beats Our Record r,.-..
A communication from a regular
patron of this column asks us to
answer question which calls for
another question. !:
Dear Twentieth Century: Since
when is it permissible to hold speed
dashes on the principal streets of
Bemidji, in the dead Of night? Sat-
urday night I was awakened by hear
ing a pistol shot about block away
and by the time / had put my head
out of the window i caught fleet
ing glimpse Of one Of our local
FOUNDERS" Gathering along the pave
1nent. He had evidently beaten the
gun on the start and was well ahead
of any others who may. have been
in the race The worlds record for
distance running was smashed, no
doubt, but it will never be recorded.
Tried for Home Before Sunday
Say, 1t With Flour
Pillsbury's local representative is
offering a number Of prizes in the
guessing contest on the weight of
the large sack of flour in the Pho
neer office window. The understand
ing is that the one who guesses near
est the correct weight of the large
sack and the flour inside of it, or
watever there is inside of it, will
be rewarded by being allowed to car
ry it home.
But Not In One Trip
Has One Big Weakness
We know very promising young
fellow about town who is generally
very truthful man but it has been
rumored that he will 60 any length
in telling a fish story. In that respect
he is a great deal like almost all fish
ermen.
Amt It A Fact?-
Indoor Sports
A coal famine appears to be in
the offing, but they don't tell US ut
whether it is a new one of the same
one we have been having for the
past several years. If it's true, twill
be hard on the hot stove leaguers.
-Utellem-
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1922-07-18
British Silver Stamping Explained.

British Silver Stamping Explained.
2: In this country the word sterling,
when stamped on silver, means simply
that the manufacturers declares the
article to be made Of silver eleven-
.twelfths fine; but the British marks,
arranged in column, give a sort Of his
tory Of the article. Usually the first
mark is the makers sign; next comes
a mark that shows where the article
was made-for London, q leopard's
head; for Birmingham, an anchor;
and for, Sheffield, famous for Its silver
a crown. Dublin has the Irish harp,
md Chester uses the city, arms. The
third mark, a lion, indicates the STAN
SArd Of flneness. The date mark, a
better, usually comes lastss Since each
ssHys uses q different system for In
sdsAfing the year when the article was
made, It is necessary to know the
i''plate"t of the town tini order to find
the date Of particular piece. =
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1922-07-18
do l. ABROAD iilj FOR OPPORTUNITY
g.
go West" Slogan Now Pas:e; Better
Chance for Neung Man In the
, Foreign Countries.

f. Probably no saying of Horace Gree.
ley, the beacon light Of multitudes of
!three-quarters Of q century ago, was
more widely read, more generally fol-
lowed. or longer remembered than his
continually reiterated exhortafion,
Young man, go, West" ..:. ..-
That, says the San Francisco +Chron-
icle, was a satisfactory way OF re-
lievins what was then thought con-
gestion Of population In eastern COM
munities, but 1t no longer answers the
purpose. Today the place for the en-
terprising young man to look for Is
In some undeveloped foreign country.
II WILDE new thought to most of us
that the time has come when we must
consider emigration as well as immi-
gration-thnt there are lands Of oppor-
tunity other than our own.
! This was emphasized recently by
Frank d. Waterman. a name well
known to those who do not habitually
use a typewriter, with special refer
ence to the centenary celebration
which begins at Rio Janeiro, Brazil,
next September. It has become a ne
cessity with us, as it has long been
with overpopulated Europe, to seek
outletsin foreign, countries for the sur
plus products Of our workers. The
one way to do II is by commercial mis-
sionaries going to foreign countries
while still forming their minds and
staying there. That Is the way Europe
has built up trade In sundeveloped
countries. That is the way we must
adopt II we expect to successfully COM
pete with those countries. ..,.
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1922-07-18
BOYS DEMAND BETTER BOOKS
Youngsters Not Content These Days
With Anything Dreamed by
0ld.School Writers.

A Chicago librarian has made thu
discovery that boys are quitting thu
tso-called "boy fiction" for reading Of
= different kind. They still read fic
,tion, to be sure. but it is not stheil
chief reading nor IL the fiction they
-read that provided by the old-school
writer's of boys books, who had the
notion that the youthful masculine
mind required and demanded. spe'
cially prepared and specially fla
vored food.
The boys Of today, according to
this finding. are calling for the hi
ographies Of Lincoln, Roosevelt and
Edison. They are reading Christy
Mathewson's 4 'tBook Of 9Spotts,r the
Boys Book Of Mounted Police" the
Boys Book OF Home Science and
Construction" and books on camping
and woodcraft. -
When they 60 in for fiction they
read Mark Twain, Scott, Dumas,
Stevenson, Jules Verne and i;Kipling,
They do not read Heuty and Oliver
Optic. IS IL II: <, i::st>:.'+- y. -
The only thing at all curious about
this Is that 1t should evershavet: been
believed. thatsshoys had standardized
minds capable Of taking anything but
spoon food. Boys want first of all
the genuine, and 1T would be strange
IL they didn't learn where to find 1t.
A boy who has heard Of Roosevelt's
life in the West is not likely to be
content thereafter with the pretend
ed adventures Of the old make-bealeve
heroes, Il whose authors turned out
their thrills In New York boarding
houses. A boy who has read 'Treas.
,ure Island and kidnapped" will have
small use for Nick Carter:-Kapsas
City STAR >r.,zsy-r, ................. 80. =.
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1922-07-18
s;Tlrs,n 3lsssets e Eat. insects g ..

sTrsin lhsscts g Eat Insects.
An ,fngenioiis scheme for Kidding our
gardens Of insect pests has been sug-
gested by "a Richmond entoinolosist.
His plan is to train harmless insects
to kill and eat injurious grubs and
flies.a Experiments which have been
made mets with considerable SUCCESS.
It Is well known that certain insects
are the enemies Of other creatures
which are garden pests. They lay
their eggs In convenient spots often
in the actual nesting places Of their
enemies, and when the Young come
to life they feed on the eggs. Scien-
lists are attempting to train these IN
sects to feed upon harmful creatures
which at present they do not regard
as enemies.-London Tit-Bits. ,..ve.r.
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1922-07-18
port shipments of kerosene in May
amounted to 63,O0O,OO0 gallons,
which F. is 17,0oo,0O0 gallons less
than for April1 : .zg sSy% Wv r..
FARGO LAND DEALER TO J. .
PAY FOR clTY's PLANS
= ~ p. 800.
(By United iPreSs)

Fargo July ia. decisive step
to, prevent Fargo from further heter-
ogeneous growth will be taken this
week when Harland Bartholomew,
city planning engineer, arrives from
St. Louis. to make q preliminary
planning survey.
His service will, be paid for entire
ly by w. J. Lane, local real estate
agent, who believes that city beau
tiful is impossible without a plan.
"The most important thing in the
planning of a city is the plan ITSELF"
Mr.. Lane declared; III q city had
but $4,000 to devote to public i'm
provements,, it, would, i believe, be
better to spend all of the sum for
a comprehensive plan than to use it
for much-needed opening Of q con-
gested street." j.! f. 49," p
Mr.. Lane, for some weeks, has
been asking for suggestions from
citizens to present to Mr.. $Bartholo-
NEW. >1.> "..'