davidaulloa/AmericanStories huggingface dataset:
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1922-09-16
.CALLEN WILL TALK
AT WHEELING MEET

Prof. A. c. callen. Morgantown,
head of the department Of coal
mining engineering at West vir-
ginia, will address the Panhandle
Mining Institute in Wheeling this
evening.
A charter has been granted to
the Pool Coal & Coke Co. Clarks-
burg, where the principal offices
are located. The company is in.
corporated at $4,000 and the in
coroprators are: H. 3. Dawson,
G. E. Pool and g. W. Albright, OF
Clarksburg and B. M. Dawson and
H. w. Dawson Of Jane Lew.
Use Coke for Gas.
After exhausting six months
coal supply the Lancaster, Pa.
Gas Co. has been using coke to
produce gas until a coal supply
can he secured.
Sells the Horse.
Dispatches from HARRISBURG
show that fully three-quarters OF
the $50 horses purchased for the
National Guards FOR use during
the coal strike have been sold and
the remaining ones have been
placed at tho Mt. Gretna military
reservation. The horses cost
$2S,40O and those sold brought
$4,000. Rental Of tho horses, 1t
is claimed, would have been S4O,.
900.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1922-09-16
WEST VIRGINIA
SHOWS PROGRESS :
IN TAX POLICY
Continued from Page onel

can. who was the tax.gatnerer in
the time Of Christ was barred from
the temple and down through the
intervening ages those charged
with the responsibility Of assessing
and collecting taxes have been re.
garded with more or less public dis
favor" Two causes are responsi.
BILE for this hostile attitude toward
the imposition Of taxes. First, no
matter how necessary or Just a tax
may be. its payment is not popular.
second, negotiable and dIscrimina-
tory methods employed In the levy
Ing OF public revenue have resulted
in severe and harmful injustice. AS
long as human nature Is normal,
the first cause will not be removed,
but we may hope to eliminate the
other to a great extent by a con.
tinuance Of centralized supervision
over local assessing authorities aud
by the adoption Of a system Of de.
termtning legal values that will
burden"
Referring to business.profession
tax as "a success, on the whole, !"
the report shows that from July /,
1921, to August Is, 1922. the first
year OF this revenue laws opera.
ton, the sum Of S1,910,5 sos was col.
lected. OF this amount, coal, oil
and gas producers paid $685., 1887,
or 46.5 per cent. The coal industry
paid $6S4,3S3.40 or 35.S per cent.
manufacturers paid 72,7S4.40, or
24.7 per cent, the sellers OF proper.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1922-09-16
81 OLIVE8fsOBfRTs nARToN.

ap.Doodle, the purple fairy,
who flew by his ears, flew up 10
the Peamy Clean Star.
1--we got the Fairy Queens
wand and I'm going to have some
fun" he said to himself. Those
Twins are far away, down on the
earth. and they can't catch me
now.
"1et's see! I'll begin on all
the people who have helped the
Twins to chase me. This is my
chanc to get even"
He looked down at the earth
Tar below and spled fat Mr.. Ting
aling, the fairy lapdlord, who col
lected rents in Whispering Forest.
"I'll begin with him." said
Flap Doodle. He's a good friend
OF the Twins and don't like
him!"
So he waved his wand and said
some words. and what do you
think! Mr.. Tingaling turned into
q turtle.
Now for Subadub!" cried Flap
Doodle. Hes a>>ather friend Of
the Twins that | don< like. I'll
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1922-09-16

turn him into a beetle% which he
Then he turned nice Mr..
Sprinkle Blow into a rain toad,
and Mr.. scrible.scratch, the fairy
school-master into a lizard, and
Mr.. Pim.Pim, the Brownie, into
an angleworm. and nice little Bus.
kins, who ran the elevator in the
apple tree. into a spider.
Wasn't he dreadful!
Tee, hee. hee," he Uttered de-
lightfully. II guess that's all! II
I~knew where the Twins were,
I'd change them into bats, but
don't know where they are.
Just then he saw a queer per.
son come striding through the
sky. 1t was Flippity Flop in his
magic boots.
HERE'S a new one" said Flap
Doodle. ~ never saw him before.
He's got the biggest shoes ever
saw in my life."
Little did he guess that Nancy
and Nick were inside those shoes.
Ito Be continued.)
Copyright 1929
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1922-09-16
EAST SIDE
:-:NEWS:-:
Priscilla Club.

Priscilla Club.
Mrs. Orlo Drummond entertained
the Priscilla Club last evening at
her home In Ferry street. Several
members were present and an en-
joyable meeting was held. The
next meeting will be held at the
home of Mrs. Boyd CutlIp in
Reeves avenue.
vandersrift Taken Home.
Tim Vandergrift Of Colfax who
was so badly injured about two
weeks ago when he fell from a
house he was painting was yester
day removed from Cook Hospital
to his home. He is still In very
serious condition.
Returned from Trip.
Mr.. and Mrs. j. Il. Arbogast aud
the latter's mother, Mrs. J. N. Gas,
kins Of Market street have returned
from an automobile "trip to Mon
terey, Va, where they visited rela-
tives Of Mr.. Arbogast. They also
visited number of other points in
Virginia. They were accompanied
home by Mr.. Arbogast's mother
who will visit here for several
weeks.
Personals.
Mr.. and Mrs. Benjamin Keener
and family will move here next
week from Colfax. Mr.. Keener is
one of the firm OF the Keener and
Satterfield Grocery on the corner
OF Columbia and Market streets.
They will reside In Ferry street.
Mrs. r. E. Thomas OF Wiley
street has returned from Pennsboro
where she was called by the illness
and death OF a relative.
Mr.. Stiles is very Ill at the home
Of his son ]. NJ. Stiles in Wiley
street.
Mr.. and Mrs. Stemper are NOV.
ing here from Elkins and will re.
side in the ]. A. Long apartments
in State street,
Mrs. Russell Nichols and children
Betty and Helen of Colfax have
been visiting relatives. here a cou.
pie Of days.
Mrs. F. D. McCloy still remains
in a very critical condition at her
home in Golden street.
Mrs. Dorsey Pople spent Friday
with her mother Mrs. Thornton Ma.
lone In Grafton.
Thelma Louise, little daughter OF
Mr.. and Mrs. Pearl Shaffer, is re-
covering from several days illness.
Harry Shaffer has sold his house
which was almost completed in
Cochran street to Eliza Shackelford.
Mr.. Shaffer will build again in the
same street.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1922-09-16
.MAS0NS OPEN BIG
CONVENTION TODAY

CLEVELAND, Ohio Sept. 49,
The Supreme Council Thirty.third
degree, Ancient Accepted Scottish
Rite Masonry for the northern Ma.
sonic Jurisdiction Of the United
States opened It's 10th annual
meeting here today. The opening
sessions were devoted to instruct
ing committees and formulating re
ports which will be presented to
tho council in executive session.
Tuesday The convention continues
through Thursday.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1922-09-16

ty, real and personal, SS27,SO4.2S, or
III per cent; wholesalers and lob
bers SS9,71S.6O or 81 per cent:
banks and public utilities 500, All. so
or 40 per cent, and professions and
all other business not included in
tho preceding items SSS,STS.19i or
"a per cent.
Under normal conditions the
law as II stands, In my opinion
would produce approximately three
and one.half millions OF dollars In
taxes annually" declares the re.
port, adding that during the period
covered by these figures, coal pro.
duction was unsettled and many
factories were either idle or at a
low operating ebb.
The report stresses tho fact that
enormous drains on the states II.
nances were made by untoward
events. citing, in this connection
the Virginia ante.bellum debt, for
which the Old Dominion got judg.
ment against West Virginia in the
sum Of $13.000.00O three years ago:
the authorized issue of fifty millions
OF dollars in good roads bonds, $15,.
( 100000 OF which have been sold to
launch u comprehensive program
for the criss.crossing Of the state
with Glass A roads; and the neces.
slty Of raising over six millions of
dollars for a capitol building to re-
place the statc-house, destroyed by
fire in January, 1921,
I'VE have made a good start to.
ward enacting program Of uniform
and equal valuations" says the re.
port, but we must continue our eff.
fort--the work must be continued
to a successful conclusion through
close application and hearty CO.
operation.
with the certainty Of a state
tlevy before us, we cannot tolerate
system that has permitted OF
gross inequalities in the assess.
ment OF property throughout thu
various counties of the state. The
law fixes the standard to be fol.
lowed, but there has been a wilful
evasion in the enforcement OF it,
each county competing with the
other to hold down Its property as.
sessment. Last year we found val.
uatlons on the true and actual val.
ue' basis, as fixed by the law Of the
state, ranging from 20 to 81 per
cent. The enforcement Of our as.
sessment system has been little
less than criminal because of the
lack of equality. I maintain that
each taxpayer within the state is
entitled to know when he paws his
tax ticket that the taxpayers in
other counties are paying on the
same basis Of assessment. That
has not been true heretofore"
In pursuance Of this years taxa.
ton policy, Mr.. Hallanan declares
the previous inequalities Of assess.
ment have been modified and cor.
rected to a great extent, by "the
splendid cooperation this depart.
ment has deceived from the large
majority Of assessors in its efforts
to secure more literal enforce.
ment OF the assessment laws" The
Sanders law passed by the legisla.
ture OF 1921 Is praised in the re.
port as responsible for the new
spirit Of accord between the tax
commissioners department, and
the county assessors.
Mr.. Hallanan urges a constitu.
tional amendment to limit tax lev.
les. "but while that is in process.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1922-09-16

Trimmings OF small beets
can be used IS green's They
provide q delicious vegetable
or salad e
Greens, Country Style
Two pounds beet green's, ono.
half teaspoon salt one table.
spoon butter. one.half tea.
spoon sugar, two tablespoons
lemon Juice or vinegar, one
hard boiled egg.
Wash beets well through
four or five waters. Put In a
kettle with close fitting
Add one-halt cup boiling
water and the salt and boil
tightly covered Is minutes.
Drain and chop. Melt but
ter. add sugar and add lemon
juice slowly.
Pour this sauce over the
green's and garnish with slices
OF hard boiled egg.
This is a good dish to serve
with broiled fish or ham.
Copyright 1929
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1922-09-16
RtVERs

faFkersburg l0.2 feet, fallins;
Point Pleasant 5,5 feet falling,
clear.
Huntington &c feet failing,
clear, +,
Portsmouth las feet, pool, clear.
Cincinnati 100 feet, pool, clear.
The New York herald., 1922-03-19
FINANCIAL NEWS
AND COMMENT
Stock Trading Still Broad and
Heavy: Bonds Rise; Ster-
ling Over 4.40.

The same broad scale of business as
on Friday was maintained In yester-
days stock market In fact the volume
OF dealings In the short session was
heavier than 1t was in the same period
OF the preceding day. In bonds also
transactions were unusually large for a
Saturday and prices advanced, several
foreign Government issues being aided
by the rise of sterling exchange above
4.4o and the firmness OF other rates ex-
cept marks. which went to a new low
point under SO cent. The persistent sag
ging of the rate on Berlin during the
buoyant market of the last month has
reflected the physical influence OF vast
additions to Germany's paper currency
and the Reparation Commissions un-
certain attitude toward the method of
handling future payments. Sterling re-
eeded to 1891 at the close. but well
above Fridays last figure.
The stock market developed some new
strong spots. notably the traction issues,
led by the surprising upturn of 5h
points in Brooklyn Rapid Transit
shares. That sudden bulge was coupled
in rumors with expectation that the re-
ccivership would be lifted from the road,
but it was more probable that a specu-
lative group found that the stock could
easily be moved and acted In the man.
ner which has been SO potent among
industrial
steel stocks were strong and several
specialties went forward. but the real
character OF the market was seen bes,
in its sturdy resistance to very heavy
realizing sales.
The sponsors OF the rise had the bet
ter OF 1t, but the margin was slight.
The next few days will show whether
or not the powerful pools have seized
the opportunity presented by a success
sion of million share days to distribute
lot of their shares taken on at con-
siderably lower figures. 1t will be seen
also whether or mot really broad pub
lie participation has resulted from per-
sistent upbidding of prices in the last
six weeks
The course Of foreign exchanges
should be especially interesting this
week. particularly In connection with
new offerings of securities. A theory
that a factor in the rise of sterling
and francs has been recent remittances
OF funds abroad in consequence of for
eign Government and corporation bond
sales In the American market prevails.
At the same time question about that
supposition may be raised as the State
Department is supervising new foreign
loans with the intent, it is understood,
of seeing that as much OF the proceeds
as Is possible may be used for pur-
chases OF American goods and mate
rlals.
1t looks like a very big week in
bonds. An advance OF the call loan
rate to per cent. would surprise no
one. but the position of collateral time
loan rates and commercial paper dis
counts shows a decidedly easy money
situation in the field comprising short
credits.
The New York herald., 1922-03-19
Market Com m cnt.

I'VE are inclined to believe that the
present tendency will continue until
there is much greater degree of credit
expansion and until business Is as good
as the market In its advance Is now pre-
dieting. Hayden, Stone &c Co. There
Is nothing in the market situation TO
warrant the expectation of any serious
interruption to the rise just now
Prince & Whitley. 1--WE believe the
that will not be ended for some time
Paine, Webber & Co. There is moth
ing on the horizon to disturb the holders
of good securities or to indicte that
prices have reached the point where
stocks will be distributed" w.
Cohen & Co. 1T Is very significant
that the market declines to take a pes
simistic view of the dividend uncer-
tainties now surrounding some impor-
tant stocks."- Frank Howell. ITO
our mind. i'm many instances we are at
the top of the current advance for sew
eral weeks, and just because the mar
ket has been in line for a substantial
setback. which failed to materialize
during the last four weeks, is no rea-
son to determine that no reaction Is in
prospect now."-J. s. Bache e Co. I'VE
are near a point where fluctuations
will be more rapid than during the
earlier part OF the year, with more like
lihood of cross currents In the form OF
reactions. s.'-Reinhart & Bennett. "There
are no menacing clouds on the finan-
cial horizon at the moment."-Thomp-
son e. McKinnon. I'VE think that while
tho market is undoubtedly still in an
upward trend. indications of the long
expected reaction should be carefully
watched for."-Spencer. Trask & Co.
1--WE are more likely TO have a traders
market. with a definitely upward
trend. than anything that could be
literally called bull market."-Wrenn
Brothers e Co. I'VE see no reason to
alter our opinion that the broad move
ment OF securities is upward."-Joseph-
thai & Co. There is no good ground
for believing any important setback Is
I'm sight."-Henry Clews e Co "As
public buying has not reached large
proportions. no setback of consequence
Is looked for."-Brumley. Chamberlin
e. Co. ut Is significant that the mar
ket declines TO take pessmistic view
of dividend uncertainties surrounding
important stocks The fact Is that con-
servatism as applied to dividend pay
ments has ever been looked on as a
commendable business policy. and con-
servatlon of resources in this direction
establishes rather than impalrs equi-
ties."-J. Frank Howell.
The New York herald., 1922-03-19
2.26s.73s.oa
IDLE FREIGHT CARS DECREASE.
Drop 1S,0S2 in Week to 39S,9s.
ON March =.

A total of 39G.9S2 freight cars were
idle because of business conditions OH
March 8, in contrast to 1854 on Feb
ruary 2S. decrease of 1882. according
to reports received by the American
Railway Associations car corvice divi-
sion.
Tabuations showed that OF the total,
223.S46 were surplus freight cars. that
is, cars in good repair and Immediately
available for service If needed to meet
traffic conditions, which was a decrease
SINCE February 2S OF 21.254 cars. The
remaining 1915 represented freight
cars in need of repairs in excess of the
number normally regarded as being
unfit for service because OF their physi
cal condition.
OF the 2.27S,452 freight cars on line
OH March /, reports showed 3S4,62S, or
1l.7 per cent. in need of repairs. in
contrast to 1884, or 14.5 per cent, on
February Is, or an increase of 2.014.
Allowing per cent. as representing the
number normally regarded as being in
bad order would leave 175,136 as the
number of freight cars idle because Of
business conditions and in need OF re-
pairs.
The New York herald., 1922-03-19
BRITISH EXPORT DROP s
LAID TO LOWER COSTS
Reduced Rail Rates Also Aid
Trade Decline.

Special Gable 10 THE New York HERALD.
Copyright, 1929, by THE NEW York HERALD.
4 New York Herald Bureau.
London, March Is.
Sharp declines In British foreign trade
lin February. amounting to nearly
les. 900. 900 in exports and more than
f7.o00.ooo in imports, compared with
those of January. are explained by the
fact that costs OF nearly all commodi-
ties have fallen and railroad rates on
scertain goods have been reduced, which,
1t may be assumed. accounts for great
part OF the shrinkage in exports. but
,plays n lesser role in the imports. The
discrepancy in the latter Is explained
by the reduction of f15.500.000 In the
value of food. drink and tobacco inn
ported.
I Imported raw materials and manu-
factured articles fell off more than
f12. 900. 900. The sole increase in Febru-
ary was f5.5oo,0Oo in vehicles, including
ships and aircraft. exported.
The New York herald., 1922-03-19
The End of a big Week.

The biggest Saturday of this year oc-
CURED yesterday and its stock sales
were close to 100000 shares, and last
weeks totals established a new high
mark for the year. Yesterdays trading
was at the rate of about 100000 shares
for full days trading. Notwithstand-
ing the extreme bearishness of a. great
majority of traders late on Friday and
early yesterday the stock market fin-
ished it's week with another steady ad-
vance in the general list and several
new high marks for the year were es-
tablished Certain specialties were in
heavy demand. getting to new high
levels, but the chief feature was the
sensational advance of Brooklyn Rapid
Transit shares which rose more than
five points on very heavy turnover.
Among the specialties Endcott-Johnson
was marked up three points and Loft,
Inc, hade a new high mark above 13.
Marlin Rockwell was more active than
usual. advancing a point to IS.
The New York herald., 1922-03-19
OXFORD PAPER STOCK OFFERED

Lee. Higginson & Co. are offering
new issue OF $4,000, 900 of the oxford
Paper Company's per cent. cumulative
preferred stock at 80 and dividends to
yield more than 7.35 per cent. The COM
bined net assets of the company and it's
subsidiaries after deducting all Indebted
ness and liabilities other than capital
stock are conservatively valued at more
than S400 a share on the new issue. In
five years ended with 1921 It's average
net profits available for dividends was
almost seven times its dividend require
ments.
The New York herald., 1922-03-19
II. II. Il. n Feature.

The financial community was at a
loss to account for yesterdays sharp
run up of Brooklyn Rapid Transit. On
heavy buying. attributed in some quar-
ters to banking interests long associ-
ated with the company. both its issues
made gains of more than points.
Third Avenue shared in the advance.
Reports that the b. r. 7. was about to
be lifted from receiverships failed of
confirmation at the offices of its re-
ceiver and the Central Union Trust
Company. One report laid the buying
to pool operations based on bullish de-
velopments looked for when the re-
ceiver appears tomorrow before the
Transit Commission.
The New York herald., 1922-03-19
oner walworth County Issue.

An Issue Of ss5o.000 Of 6 per cent.
highway improvement bonds of Wall
worth Company. Wisconsin, will be of
fered tomorrow morning, at prices to
yield 4.60 to 4.50 per cent They are
issued TO provide funds for the con-
struction of highways and are direct
and general obligations of the county.
payable from ad valorem taxes levied
on its taxable property. The syndicate
offering the bonds Is headed by Paine.
Webber & Co. and includes the Federal
Securities Corporation. William l.. Ross
& Co, Inc; p. w. Chapman & Co. and
kcan, Higbie & Co.
The New York herald., 1922-03-19
Mfdvale Steel.

The tip which has been circulated in
Wall Street in the last two or three
days on Midvale Steel made good yes
terday with an advance of more than a
point to 32N on transactions in excess
of 10000 shares. A pool formed several
months ago and extended for another
period Is operating in that stock. The
operations of the group, 1t was said yes
terday. were based on knowledge of an
important statement on Midvale which.
it was declared. would be made public
in the coming week No hint OF the
nature of the statement could be OBJ
tanned,
The New York herald., 1922-03-19
BOND NEWS AND NOTES.
100000 Land Bank onerina

Harris. Forbes & Co. are offering
$1,00o,000 OF the Lincoln Joint Stock
November 1. 1851, but not redeemable
before November 1. 1881. at 1919 and
interest to yield about 4.S0 per cent.
to their redeemable date and per cent.
thereafter. The bank operates in Iowa
and Nebraska under Federal charter
and Government supervision. The bonds
are exempt from Federal, State, mu-
nicipal and local taxation and are coli
laterally secured by first mortgages OF
farm lands. United States Government
bonds or. United States certificates OF
indebtedness.
The New York herald., 1922-03-19
IsIip Bonds on Market.

Pync. Kendall & Hollister and Will
lam II. Compton Company are offering
s237. 900 OF per cent. coupon bonds
OF the town OF Islip. l.. l.. Union Free
School District No. 2. They mature In
1923 to 1852, inclusive, yield a.40 to
4.3O per cent. exempt from Federal in
come and New York State taxes, and
legal investments for savings banks and
trust funds in New York.
The New York herald., 1922-03-19
GOVERNMENT AIDS M. G. N. A.
VIII Lend n Dad s3,50O,OOO to Hell
IT Resume Operations.

h wAsHrNcToN. March 1S.-To aid re-
sumption of the Missouri and North
Arkansas Railroads operations the In
terstate Commerce Commission gave
notice to-day that Government loan
OF s3.500.000 would be extended II II
the owners and the receiver OF the
property comply with certain conditions
in its corporate reorganization.
\. Sr. LOUIS, March 1s.-J. c. Murray
OF Harrison Ark. receiver. here to-day
stated he believed that all obstacles to
allow resumption of operations by May 1
had been cleared. Six hundred and
seventy persons would be reemployed,
he said.
The New York herald., 1922-03-19
Northern Pacific.

Great Northern and Northern Pacific
in yesterdays trading showed signs of
regaining the equilibrium disturbed by
the formers postponed dividend action
earlier in the week. Great Northern
gained II point to 741k, while Northern
Pacific's final quotation showed a
small fractional loss on a turnover of
less than 1000 shares. Its directors will
meet on Wednesday. and the financial
community is still speculatng as to
whether or not the Great Northern s
lead will be followed with respect to
its quarterly dividend. Although the
latest business reports fro~ ose North
west indicate Improvement. the mod
crate upturn in tonnage will not be
shown until the reports for March are
announced. Northern Pacific's Febru-
cry report is expected to show an op-
Grating deficit not varying greatly from
its s624,563 deficit reported for January.