davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-03-05

Detectives John German and Will
lam T. whelan OF Inspector Coleman's
staff were shot last night VIXEN they
stopped 10 question man standing
in front OF 80 Oliver street. diagonsliy
opposite the home OF Alfred Il. Smith
az 20 Oliver street. German was
wounded in the right groin and IS IN
Volunteer Hospital in critical con6i-
ton. A bullet struck Whelan in the
calf OF the left leg.
The shooting caused an uproar.
Patrolman Daniel r. Sullivan os the
East Sixty-seventh street station, who
was Off duty. and Patronan John
Hoolihan OF the Oak street station
chased a man almost TO Chatham
Square firing shots. They arrested
George Bruno. 81, of 116 Macdougal
street. II was charged that he mad
been hired 10 act as bodyguard TO a
bootlegger.
At the hospital German and whclan
said they became suspicious Of q man
The New York herald., 1922-03-05
President Indorses Senator $
Plan for Ratification OF
Pacific Treaties.
GIVEN RIGHT OF WAY
To Have Precedence Over
Naval, Chinese and Other
Arms Conference Pacts.

WAsHrNGToN, March 4-The four
Power Pacific treaties will be taken
up Monday by the Senate and dis
cussed virtually every day thereafter
until a vote on ratification is obtained
under a program said TO have been
agreed on at conference to-day be-
tween President Harding and Senator
Lodge.
Administration spokesmen. it was
announced, will open the fight for
ratification of the treaties, with Sena-
tor New Gnd.), close personal friend
of the President and Republican
member of the Foreign Relations
Committee. speaking Monday. and
Senator kellogg (Minn.), another Re-
publican committeeman and conadant
of the President. on Tuesday. Sena-
tor Lodge, it was said, also will speak
soon and present some of the argu-
ments OF the Administration in sup
port of ratification.
President Harding was said TO be in
complete accord with Senator Lodges
plans for proceeding with the arms con-
ference treaties Their conference at
the White House to-day was said to
have been for the purpose of discussing
procedure and to keep the President in
formed as to the situation. including the
effect Of legislative matters also before
the Senate. Administration leaders plan
to give immediate technical right of
way 10 the Department OF Justice bill
to create number of additional Fed
eral Judges. but subject to debate on
the Four Power treaty. 1t is not Sena-
tor Lodges intention to force the treat
les for the next few days. but after
that the Administration will push them
to the front and hold them before the
Senate to the exclusion OF all other
business.
\ II was stated that President Harding
/ concurs with Senator Lodges program
| or giving the Four Power treaty prece-
dence over the naval, Chinese and other
\ treaties Of the arms conference. al
though some Republican Senators have
4 been OF The opinion that the naval
| treaty ought first TO be taken I'D.
\ One Of the strong arguments TO be ad-
/ vanced by the Administration forces. I,
was learned. involves the question o.
priority Of the treaties. Friends os the
/ four Power treaty. it was said, were
prepared TO insist that opposition 10 tne
4 four Power P1cihc measure would i'm
peril the naval Limitation agreement
that II would Se dangerous 70 ratify the
naval treaty without rat 'ication OF the
| four Power treaty. Tais point 1. was
/ said. would be based on tho argunen,
( ttat IL the four r'ower Pacific measure
Should be rejected tho United states
could not safs;y consent 10 limitation
Of tho American Navy with shc Anglo.
japanese alliance in efT ct and with the
possibility Of war In the Pac.ac, which
i If contended. the four Power treats
would minimize.
Those supporting the fer Power
treaty expressed the opinion to-day thai
/ It's opponents would hesitate u vote
AGAINST its ratification II they should
realize that such a vote would impari
| the naval agreement. II Is conecd Ell
| however. that 4 hard ana probably lone
/ fight faces the four Power measure.
The New York herald., 1922-03-05
Treasury Experts Privately
Pronounce 1t Financial and
Legislative Sham.
BANKS HOLD WHIP HAND
Certificates Would Freeze Re-
sources, Cause Initiation and
Need Not Be Accepted.
Special Dispatch to THE New York liEIALD.
New York Herald Bureau.
WASHINGTON, ID. c., March 4.

Special Dispatch to THE NEw York HEsALD.
New York Herald Bureau,
Washington, ID. c., March 4.
Analysis by competent Treasury and
banking experts of the bonus raid bill
which the Ways and Means Commit
tee has decided to recommend for
passage reveals several "jokers" that
will make It unavoidable. Until the
completed measure has been received
AT the Treasury no official statement
will be made regarding it.
But Treasury officials do not hesi-
tate privately to express the opinion
that the project will prove quite as
unacceptable as previous legislative
inventions disapproyed by executive
officials of the Government.
AS the new measure Is framed,
there is no provision that can make it
mandatory on banks to make loans on
the insurance compensation certifi-
Gates.
Tie experts say that under long es-
tablished laws. the certificates will .ot
be eligible for rediscount through the
Federal reserve system. National banks
cannot be compelled 20 lend on them.
Because the loans cannot be redis-
counted or the securities realized upon
for a least three years the national
banks. State banks and other banks viii
not want them.
N banks take the certificates and ad-
vance loans upon them. the resources Of
the banks Will be frozen. money will be
4al- cit IN q
and industrial channels and used. money
and loan rates will go up and the coun-
try will find itself In the state OF indus
trial strangulation whicii existed ~ the
depressing period following efforts II
deflation in September 1920.
Financial and economic experts of the
Government fear the effects of another
plunge into industrial depression with q
period of losses and unemployment 10
follow In it's train.
While executive officials will make m
official comment or statement until the
present plan Is presented to them. Il is
known on the highest authority hat
they see many evil consequences In the
new bonus scheme.
Should the banks find it impossible 70
take the new certificates executive Of
ficials say service men would have no
place TO realise on the borrowing power
because the new bonus measure has
been framed to make Il difficult 70 ne
gotiate loans except in banks.
There IS nothing in the national bank
ing act 20 prohibit banks from accepting
the certificates as collateral FOR loans
But the Comptroller OF the Treasury L
compelled to f1x an absolute limit upon
the amount OF non-liquid securities ma
tional banks may hold.
Under the new bonus plan the certin-
Gates are to be neither notes o. bonds.
Further. as they are TO be non-nego-
table a bank could not realize upor
them In an emergency to meet the legitl-
mate demands of trade.
The New York herald., 1922-03-05

DR.. PRINCE IN HALIFAX
TO HUNT FOR GHOSTS
Takes to Haunted House Press
Men and Photographers.

special Dispatch 70 TnE Nrw YorK Hgs.tp.
HALiFAx, March t--The haunted
farmhouse of Alex MacDona near
Caledonia Mills win he subjected to
scientific investigation by Dr Walter
Franklin Prince, director Of q. Amer
lean Institute for Scientific Rcseafch
who arrived here from New Yorl.
to-day.
Accompanied BY reporters and pho
toSraphors pr Prince viii leave TOR the
abandoned farm Monday morning. Mac
Donald and his family left tho house
several months ago after dccla,iug that
a mysterious power had started two
fires and killed several head y farm
stock. 4 reporter and dctec.'ye re-
Gently reported that they tll been
slapped BY an invisible hand in the
house Dr. Prince win try - have the
Macdonald family return to the house.
as he believes MacDonald's daughter
may bc possessed of dual r,-s )nality.
The New York herald., 1922-03-05
Watering the American Dollar.

Baffled on every hand in its struggles to find the
money for the bonus, the shfty Ways and Means Com
mittee now proposes in its desperation to water the
American dollar.
It's latest plan to chsel five billions of dollars out
of the people for the bonus is to have the Government
issue it's promissory notes to the soldiers with prov
sion compelling the national banks Of the country to
make loans to soldiers for period of three years
these notes Of eighty-fve cents the dollar.
This is nothing short of economic idiocy. The
banks have no available funds for such loans The
printing press alone furnish the banks with the
money, and printing press money is watered money,
and every thousand millions of printing press money
thrown in with the good money waters all the
money-waters your money, Mr.. Citizen, and cuts
down its buying power the buying power of your
dollar
This is politics, Mr. Citizen, poltcs-a des-
perate raid your pocket for personal political
gain.-Editoridl.
The New York herald., 1922-03-05

A
Copyright, 1899, by THE NEW YORK HERALD.
New York Herald Bureau,
Paris, March a.
A MOTHER fortnight and the
~ big Ferris wheel of the Paris
Exposition Of 1900. that i'm
mense toy which is known to every
foreigner who has visited the capi-
tai in the last twenty years. viii
have gone the way of other toys.
Oxy-acetylene torches have made
possible the scrapping, which en-
gineers had declared TO be prac-
tically impossible without endan-
gering life in the neighboring
streets. The intense flame clipped
off the metal braces regardless OF
their weight. To-day only one small
section of the wheel and two up
rights remain. More than 200 tons
of scrap metal have been obtained,
which will return a profit TO the
wrecking contractors.
The New York herald., 1922-03-05
LIVING COST DROPS
13 PER CENT. IN YEAR
Gradual Decline Is Continuing
Except in Direction Of
Housing.
THAT ITEM HAS A RISK
Lower Level Reached in West
Than in East Owing to
Deflation.
THAT ITEM HAS A RISK
Special Dispatch TO THE New YonK hErALp.
New York Herald Bureau.
Washington, ID. c., March 4.

Special Dispatch 10 The NEW YORK HExALp.
New York Herald Bureau,
Washington, ID. c., March 4.
The general level of living costs is
10 per cent. below what it was year
ago. official reports OF the Department
Of Labor showed to-day.
Keeping ones self fed, clothed and
sheltered. plus provision for a neces-
sary amount OF recreation, costs but
81 cents where it cost 81 year ago.
It is getting easier TO live. Through
out every section OF the United States
the gradual decline OF prices Of almost
all necessities has been going on
steadily for many months. There is
nothing in sight in the general eco
nomic situation to indicate that the
low level has yet been reached. A
continued decline is recorded month by
month as the price statistics flow into
the Offices of the labor department.
where the statisticians preside over
and keep watch or the price index
lines.
During the last twelve months the
change in the price levels of the major
necesaitfes has occnrred "a aS follaua.
The New York herald., 1922-03-05
During the last twelve months the
change in the price levels of the major
necessities has occurred as folloHs:

a plus instead of a minus sign before
the percentage of change in the cost
of housing shows that this Is the only
major necessity which has failed TO
follow the general downward trend of
prices. In this connection. however. the
reports Of the Labor Department are
admitted to be not a true reflection OF
the actual conditions. This Is because
the Department received reports on
rents only on the basis of the receipts
OF the first or original landlords. No
consideration is given TO the receipts of
persons who sublet to other tenants the
apartments and homes which they fur
nished but which they now no longer
occupy.
Rentals charged in subleascs are
known to have experienced a deep de-
cline. But the Labor Department has no
record OF the subleasng system. Many
persons VINO formerly received from
500 to $3.50 month for apartments
which they had sublet are not getting
but half that sum in many cities.
In one or two cities rents and building
prices have fallen into the proportions
that obtained before the great war. ac-
cording to reports to the Federal Reserve
Board. Boston Is one such city. This.
although not yet reflected 10 great
extent in the rentals received by the
original landlords or owners. neverthe-
lees indicates that coon the original rent
level will begin decline as we'll as
the level OF rents received under sub
leases.
The problem OF high rents Is beginning
to solve itself as building operations In
-
The New York herald., 1922-03-05
rLr RACES on BLOCK ISLAND.

Spe n Dispotch p THE Nrw Yons iIyrAtp.
NrwPoRr March Block Island,
thnty miles on this coast Is having an
influenza epidemic. 10 per cent. OF its
900 inhabitants having the disease with
forty cases in a serious condition and
two dcathA
The New York herald., 1922-03-05
100 Clarke Customers in Chicago.
vermont office Closed.

BURLINGTON. VT. March l.--The local
of1ce of II. II. Clarke & Co. New York
curb brokers'. whose failure was an
rouncod to-day. closed it's doors on
word from New York that "contem-
plated REORGANIZATION" was about 20 take
place. 1t is estimated that local invest
mcnts with the Arm totalcd about
$40. 900.
The New York herald., 1922-03-05
uoweu & wnIe. In Court.

PHILADELPHIA. March 4. - Judge
Thompson IN Cn.tsd states Distric;
Court to-day appointed George r. Lumt
Of Harrisburg anclllary receiver for
Howell e. Wales, brokers, who hao
Offices In Harrisburg and New York
The New York herald., 1922-03-05
'Pikers' Fill Monte Carlo;
Wild Plunging Absent

Special Cable TO THE NEW YORK HERALp-
Copyright, 1899, by THnNsw YoRx HnzALp.
New York Herald Bureau,
Paris, March 4.
~ FEVER have pikers been so
IN plentiful at Monte Carlo.
The official figures up to
March ! show that the seasons
play has amounted to only 41,000,-
900 francs, as compared with as
100000 last year. The tables this
year are considerably larger tnan
at any time since the war. The
croupiers are taken back by this
economy, declaring that money is
plentiful but that the individual
playing lacks the wild plunging
which has made Monte Carlo the
worlds greatest casino.
The New York herald., 1922-03-05
Continued on Page FIghteon.

Tho Greenbrier, white Sulphur springs, W
Va. Over night from New York aplendic
horys livsrys All outdoor sportss~AdsA
The New York herald., 1922-03-05
FOUND ANYTIME

N 50, See II 1t Is advertised In tho Lost ane
Found columns OF to-day's New York Herald
The New York herald., 1922-03-05
Could use the Alien Tax.

Recent appropriations made available
to the immigration Bureau by Congress
carry authorizations for the expenditure
OF approximately s2,0o0.000. Such a
sum is wholly INADEQUATE 70 enforce the
law Twice this sum would be insuffi-
The New York herald., 1922-03-05
Famous Ferris Wheel
of Paris Is Scrapped

soecial Coblc 10 The New YORK TTErND.
Copyright, 1923, by THE NEW YoKx HERALD.
New York Herald Bureau,
The New York herald., 1922-03-05
THE BEST IN ITS HISTORY.

The New York Herald, with all that Was
best of The Sun intertwined with 1t, and
the whole revitalized, is bigger and better
and sounder newspaper than ever before
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-27
Operations in the Jennings
and TeFItOn Fields

The Josey OH company has a 100
barrel well on the Freeman in the
southwest OF the southeast Of 21-
20-6. The top Of the Bartlcsville
sand was hit AT 2,996 and drilled in
10 3.O30 feet II was given n TO
quart shot and the first - hours
made a little better than one hun
drod barrels.
Ia Rees f. spudding IN his No. 2
on the Miller farm In 1901.
Tho following new rigs ARE up and
will be spudding by the first OF the
week:
James Glenn Oh company. school
land In 1G-20-6.
Beard and others block 3, Miller
addition 20 Hallett.
Fisher on company Beasley, IN
19-2O-S.
Gowland g. Burket on the Storm IN
t9-2O-s
Charles II. Burton. on tho Hardy
In 2O-2O-B
Bill Carter. on the Storm in 1s-
.2O-8
Prairie OIL & Gas CO. Is drilling At
u GOO feet on the Burton in 15-2O-G.
Josoy OH company on tho Scott is
down 2.6O5 feet IN its test IN 22-2O-G.
Tho kauoll on company on the
Colburn IN l9-2O-s is down coo feet.
Gilbert & Martin on the storm,
block I, Terron. iF down 800 feet
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-27

action Of the various constituents or
the luhricaaug mixture ON The metal
Whrlc3tyd was given particular at
tcntiou. 70 waa found that cotton
seed oil. for example, attacked Tin
more than any other metal while
rnpesced OH affected copper most,
and iron and steel least zinc and
brass were not acted on in amy way
by this oil uuvc oil was found 90
have q very strong action ON iron.
stool copper ana tho alloys COM
tanning these metals. Tniow and the
Oil derived thcrcfrom have "a similar
effect sperm oil attacks tn most
and brass least OF aIl Whale
ou. ON the other hand, cNcrts its
greatest action ou lead, does not
attack tin at all seal oil acts most
strongly on copper. less uu brass.
Bone oil doe~ not affect steel and
iron at all and copper only vilshtly.
Palm OH, palm kernel ui oocouut
OH and CocOnut fat have nu In
furious action on stool iron, copper,
zinc. and the alloys of these metals.
Mineral oils have no injurious action
ou steel iron copper ana zinc, Mt
tack brass only slightly but have "a
marked action on Textile
lprlChtc.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-27
Near BriStOU
Joe Abraham Well
Drilled Deeper

Joe Abraham No. in the north
cast corner OF the southeast OF the
southwest Of 33-l6-9 which was
completed as a gas well on May 20
last, In the sand from 294l TO 2,9i7
feet. and was making 100000
feet, has been drilled ~ feet deeper,
and Is good for 400 barrels. Total
depth 2,9G1 feet.
Kerwin and associates well In tho
northeast of the northwest OF tho
northeast OF 32-16-9, which made
1000 barrels the first "a hours, is
now making 700 barrels,
Carter company's big well I'm Ia
1913 is still holding up at 900 bar
hels IN the sand from 2.490 to $3.50
feet, after having been in for more
than q week and a half
Texas company MI. Bigpond No. 3
in the east half'of the southwest OF
13-16-9 is making 225 barrels natur-
al from the sand topped at ass
feet. Total depth 2,799.
r. u. Slick has 900-barrel well
in tho southwest OF the southeast OF
the northwest OF 14-16-O, in the
sand from 2,gS2 to 2,991 feet.
Prairie OH q Gas Co is drilling
ut 2,735 feet in 35-16-9.
waite Phillips has a dry hole In
the southwest OF the southeast OF Z
l6-9, at depth Of 2,977 feet.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-27

conductiua extensive additional
building campaigns pouca city has
two OF the larges' IN the Mid-Conti-
neut field. with pipelines extending
In all directions These facts have
made ponca city an important oil
shipping point and TO such an extent
that the freight business In and out
Of pouCa City tor the month ~ July.
totaled a bali million dollars. II
amounted to 100000 in May, went
to over that figure In June. and
maintained that average Tor August
Poncu city had grown this year to
a city og 1000 population.
In building way ponca CITY Is
erecting 400 additional residences
;his year, the Empire Refinery Is
adding improvements amounting 20
$l,jOO,0OO; the M1rland Refinery 20
s2,O00,UOO, including "a eighty thou-
sand barrel oil stortEe tanks. NUM-
crous commercial structures are be-
ing built. ana the ponca city Milling
company Is Just now completing q
7O, O,O0O-bushel elevator.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-27
OH Marho quatat,ons.
II. ". Greis Back From East;
Optimistic OUer COsden t& Co.

H. y. Greis returned yesterday
morning from New York where he
attended a meeting OF the directors
OF Cosden g. Co. He not only Is op-
tImistic over the outlook in the oil
industry in general and especially
regarding the future of Cosden &
Co, which. In production, pipeline
and refining facilities. is becoming
one OF the greatest oil organizations
IN the country.
The Cosden organization Is retir-
ing its $6,00O,000 OF bonded lndebt-
edncss and now has in addition to
us common stock only the approXi-
nately 100000 OF preferred. The
dividend rate recently was increased
10 i6 per cent annually, as against
the previous annual rate OF 10 per
cent on the par value OF S25 a share.
This gives a return OF almost 8 per
cent on present market value OF the
ehares.
The Cosden pipeline system now
covers n remarkably large territory,
while the refinery OF West Tulsa
is one OF the largest and most mod
ern IN the United States.
Before going east Grels saw his
horses win numerous ribbons at the
Louisville horse show. including the
worlds championship for five-gait-
ed saddle animals. The horse win
ming this coveted honor is Eastern
Star. The Greis. horses will be
pAown next week at Brockton, Mass.
= bnd then will be in the New York
and other eastern shows The Greis
string, which includes in addition
10 the present p-ize winners. a large
number OF promising young horses,
will be wintered at Shelbyyille. Ky.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-27
Dalton Discovery Wei In
Texas SIN H0ldiHO Up Biz

MINERAL WELLS Texas. Sept.
90 Interest I'm the Dalton field now
Centera around tho CBrk-paltou,
the Hofmcior- Dalton and the Miller
Dalton, east and northeast of the
Dalton discovery woll, which is Nlll
running around $50 barrels daily
This well is one " the most re-
martablo ever drilled in Texas, tho
sustained production since April 30,
1929, giving tho we'll total pro-
duction OF over one hundred thou.
sand hnrrcl0 Experts now contend
that the trend OF production must
run east northeast or northwest.
II It runs northeast the Clark Dali
ton ana the Hofmeicr- are In
Tine for oil Hofmcior has reached
n depth OF $3.50 feet on tho north
east offset 20 the na!tca ana should
complete by October 10 or sooner
lie Ia firing his boiler with gas from
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-27
Kay County Farmers Get Big
Sum Annually From Oil
Lease Rentals

PONCA CITY. Sept. 24.-The
farmers of Kay county have a dou-
Bile bet during the present period ex-
tending over a number of years. In
addition 10 Kay being generally con-
sidered one of the leading agricul-
tural counties OF the state, II has the
distinction also OF having practically
every one OF Its 2,590 farms under
oil and gas lease. side line business
that is bringing to them in rentals
over s6,000,000 annually, and this
sum is in addition TO the amount OF
bonus money paid TO obtain leases.
During the pasa fiscal year this
amounted 10 at least 100000
more. or a total OF 100000 from
the oil industry direct TO the farm
srs, Royalties to the land owners
Atom the production OF oil and gas
Vsil run annually. at the present
'ume, TO another cool million,
The total farm acreage In Kay is
b25.523, OF which there are 33S,4 495
acres IN cultivation. The total in
cultivation Is cut down because OF
me extensive Ponca Indian reserya-
ton, OF $4,000 acres. Immediately
south OF Ponca City. and OF the Kaw
reservation, amounting TO approxi-
mately the same acreage. In the
Morlheastern portion OF the county.
however, the lands of the Poncas
ana the Kaws, and also those OF the
ionkawas, are under oil and gas
leases. The Tonkawas have COM
parat.vely small land holdings, all
OF which are in cultivation, in the
south central portion OF the county
=. OF the total cultivation acreage in
Kay annually there is between rs
ana 80 per cent in wheat. This Is
lhe staple crop for this county
Whlch Is really the most eastern in
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-27
South of DepeW

Carter oil company we'll In the
center Of the southeast OF the south
east OF 9-14-S, is dry and abandoned
at 1891 feet.
Texas company John Clark well
In the south half OF the southwest
OF 23-I4-S Is making 50-barrels
after a shot in the sand from 2,492
TO 2.546 feet.
Texas company has a i5-barrel
well in its No. NJ. Robertson well
in the northeast OF 22-14-s. Sand
3,202 TO 3,253 feet.
Kanawah oil company has hole
fun OF water at 1881 feet, in the
northwest Of the southeast OF 10
15-S, and has abandonde this well.