davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1922-04-06
By HARRY GUSACK.

Chairman McFadden was author
lied to invite Eugene Meyer. jr.,
managing director of the corpora
tion, to appear before the commit
Tee upon his return from his pres
ont Southern and Western trip. He
- expected back on April 10.
Farm Loan Proposal.
The committee also discussed the
present operation of the Federal
farm loan system and legislation to
allow the Federal Farm Loan Board
20 set up an organization for sell
Ing its own bonds to the public.
Proposed amendments to the Fed
eral Reserve act and to the Federal
Farm Loan act, to provide a sys-
tenn Of short-time credits for the
relief of farmers, were discussed
In the committee meeting, but no
decisions were reached upon this
legislation.
Vote on Farmer Member.
The committee agreed in an ex-
ecutive meeting to vote today on
3. 1858, the bill for placing a dirt
farmer on the Federal Reserve
board. Indications We're that the
bill either would be shelved by the
committee or amended to provide
that the President may appoint a
representative of agricultural in
terests when the next vacancy oc-
ours in the board. 1t Is not likely
that the bill will be reported in the
form in which it passed the Senate
The Washington times., 1922-04-06
MURRAY BACKS .
HOUSE PLAN To
|. SETTLE STRIKE
Union Leader Says Operators
Should Be Compelled to
Meet Workers.

NEW YORK. April al thorough.
ly approve OF the suggestion Of the
committee on labor that 4 confer
ence be held at Washington be
tween representatives OF the United
Mine Workers Of America and Of
the coal operators and hope some.
thing tangible will come Of it.
Whether it will or not will depend
largely on whether enough oper-
ators will attend who are thorough
ly representative OF those in the
central fields. There is no ques-
tion that they ought to attend. If
they do not the public will draw its
own conclusions.
decline TO go to Washington on
April 10, Congress should COM
pei them to do SO and consider
the making Of a new wage scale.
Then II the operators agree and
do sign a new agreement the Gov
eminent should see to 1t that they
are compelled to keep their word.
They didn't do IL in the agreement
which expired March 81.
And that leads me to say that there
are some officials in Washington
high in the Government service who
are not properly administering the
duties Of their office. They have 1t
in their power to make the operators
live up to their agreement, but they
seem disinclined to do so, although
they are we'll aware that their viola
ton is fragrant.
AS to submitting the present diff.
culties to arbitration, am opposed
to 1t. We have had quite enough evi.
dence Of what that means to the
miners. I choose the battlefield in
preference.
The Washington times., 1922-04-06
MONEY-TRADE
Develop Alaska.
Remove Red Tape.
Business Opportunities.
Czecho Slovakia or
Alaska.
LATEST NEWS
OF FINANCIAL WORLD
BY GEORGE w. HINMAN.

CHICAGO, April "a Congress
sional committee to investigate
Alaska.
This is as 1t should be. II the Gov
ernment Is too timid to protect Amer
lean business in East Asia, too preju-
diced to open the way for Ameri-
can business in Mexico, and SUSPECT.
Gus Of American business to encour-
age 1t in the Philippines, 1t at least
ought to promote American enter
prise on American soil near home.
That Is the proposition for Alaska.
and 1t is a pressing proposition in
these lean times.
In the last great business crisis
following a great war. American bus.
mess found relief in the development
Of the west. Now Alaska is no west.
ern empire. like that of the seventies,
but 1t is an empire of resources sec
ond only to what the west was fifty
years ago.
Size Of Alaska.
Ten times as big as Illinois. with
more agricultural land than Illinois
and Indians combined, and with much
underground riches as other nations
fight wars for on the other CONT
nents Of the world. Why does Alaska
remain unworked. neglected and
practically closed to American bust.
ness just at a time when American
business could use ALASKA to advan-
tage? Because the Government has
laid on it the dead hand"
By means of some forty depart.
ments and bureaus, administering
more than 800 reserves and CONTROL.
ing by special laws the whole life OF
the territory, business and industry
in Alaska are restrained and restrict.
ed by the officials in Washington
The idea has been to save Alaska
from being exploited" But sc
tightly has the red tape been drawn
that Alaska not only has been spared
all exploitation, but all development
Vast Coal Holdings.
The story OF coal is familiar. De
posits are 10000, ,000, 900 tons, ac
cording to the geological survey, and
half the coal burned in the territory
Is imported from the United States
Alaska has also 100, 900 square miles
OF land fit for cultivation. Alaska
has sunkissed valleys large enough
to hold Norway, fertile enough 10
house and feed millions.
Alaska is estimated by the Gov
ernment to have 1900, 900 900 fee,
OF merchantable timber. Alaska has
oil resources that have been hardly
touched. Secretary Fall says they
amount to at least $4,000, 900 barrels
on the Government land.
A loan to help develop Czecho
Slovakia Is in prospect.
Right here comes the issues
Would II be better for American
business and American bread win
ners to put the money in Czecho
Slovakian development or in Alaska
development? Would the American
Government be best doing its duty
by promoting Czecho-Slovalian busi
ness in Czecho- Slovakia or American
business in Alaska? BY promoting
business in Alaska, Of course.
Then why not promote It? Why
not cut the red tape. and by meas
ures that are no longer prohibitive
but merely protective, let the re
sources OF this great territory bt
brought under the magic touch Of
American enterprise.
The Washington times., 1922-04-06
PRICES JUMP
IN SPECTACULAR
STOCK TRADING
Motors and Steel Lead Process
sion in Upward Swing
of Market.
BY w. 8. COUSINS.

Copyright. 1922. by Cosmopolitan News
6srvice.)
NEW YORK, April 6.-Prices
jumped ahead in spectacular fashion
In the stock market during the first
hour today. Wall Street has not
seen such q demonstration in the
big security market in many a day
as that which greeted the upward
swing in every department.
The selling surpassed in breadth
and volume anything experienced in
the last three years, as stocks went
forward for the best prices that
have been marked against them for
two years or more.
As before, the procession was lead
by the motors and the steel stocks,
with a share Of interest in the rails.
The electrical stocks continued their
belated advance and easily topped
their best previous records. All the
independent steel stocks were picked
I'D in spectacular fashion and moved
forward 2 points or more. Vanadium
to As. Bethlehem "B" to
II, up 2A and Replogle points. to
36N.
The movement in Studebaker was
not sustained. for after reaching its
former high point at 119k. this
stock fell back to a fraction over
III. General Motors continued the
display of strength that resulted in
advances in this stock. making a
new high at 13k. In less than a
week the market value Of the out.
standing common stock Of General
Motors has appreciated approx
mately 100000. 900.
Norfolk & Western sold up to
1851 for continuous gain OF
over six points since Monday morn
ing. II is understood that a block
Of this stock which has been over.
hanging the market for some time
has been absorbed by an estate.
High prices made in today's open
ing hour boom on the stock ex'
change compared with last Friday s
close are as follows:
The Washington times., 1922-04-06
Grain Opening.

CHICAGO, April 6.-Wheat opened
higher and fairly strong. The de-
cline in the foreign markets was not
as extensive as generally expected,
and this influenced short covering.
The July wheat acted little better
because of the forecast for colder
weather over the belt. Coarse grains
were steady at the outset.
May wheat showed a draggy under
tone, and dropped Tx cents premium
over the July.
Provisions were slow in starting.
Hogs ruled slow and steady. Esti-
mated receipts show a fairly good
run of cars.
The Washington times., 1922-04-06
!. C. c. AUTHORIZES VA.
r. R. TO ISSUE BONDS

The Virginian Railway Company
was authorized today by the Inter
state Commerce Commission to issue
81 $50 900 of series A per cent first
mortgage fifty-year gold bonds. Tho
bonds are to be pledged as a part
collateral security for a per cent
promissory note for $2,000,00O to be
issued by the Company to the Di-
rector general Of railroads.
The Washington times., 1922-04-06
Bank of France.

PARIS. April S.-The Bank Of
France, in its weekly statement is.
sued today, shows a slight increase
in gold and silver holdings, a de.
crease in loans and discounts as well
as in circulation, which now stands
at 36,153. 900, 900 francs. Deposits fell
off s,000,o 900 francs to 2,091, 800.
600, 900 francs. The discount rate is
unchanged at per cent.
The Washington times., 1922-04-06
To Nominate Candidates,

w. J. Waller, president of the
Washington Chapter, has appointed
Victor B. Deyber, f. j. McQuade.
and Charles d. Boyer members of a
committee to nominate candidates
for office and board OF governors.
The committee will report April 27,
at which time delegates to the an
nual convention will be elected. The
The Washington times., 1922-04-06
Bank of England.

LONDON. April 6.-An increase in
reserve from 1927 to 1857. a slight
increase in circulation, a decrease of
fl 1861 900 in public deposits and an
increase of 5000, 900 III government
securities are the chief items of the
weekly statement of the Bank Of
England, issued today. Total circu7
lation now stands at f122,89s, 900.
Rate of discount unchanged at Al
per cent.
The Washington times., 1922-04-06
Cotton Market,

NEW YORK, April 6.-First
prices in the cotton market today
were practically unchanged from
yesterdays close. May opened at
1888, off 8 points; July, 1925, off
! point; October, 1900, up 3 points;
December 1898, unchanged.
The Washington times., 1922-04-06
Foreign Exchange.

NEW YORK, April 6.-The for
eisn exchange market was steady,
with prices inclined slightly lower
at the opening today. Demand
sterling sold at 4.38h, cables, 4.aSh,
off II. French francs were off 2
points at .0911: lire opened at .0621h
and marks at .0032&.
The Washington times., 1922-04-06
Bryan Made Chairman.

An advisory board, consisting Of
fifty members, selected from stock
holders, has been appointed by the
Banking Trust and Mortgage Com
pany. This body, which Is a sort Of
"go-between" for stockholders and
the directorate, has chosen James
w. Bryan chairman, and William
Lodge secretary
The Washington times., 1922-04-06
Local Stocks.
GAT.ES

Washington Gas 5's. 81, 1,000Q92ia.
Washington Railway and Electric
common, 10Q3Si2.
Washington Railway and Electric
preferred, 5@6SA, 3@6SA.
Washington Gas Light. l0Q56h.
Commercial National Bank. 100
1877.
Federal National Bank, 10Q175.
Lanston Monotype, 10477.
Mergenthaler Linotype. 104l4Sh,
SOFAS.
After call:
Potomac Electric G. NJ. SIS,
s1,OOO@99%, s1,OOOQ99%, $1,000
99%. s1,OOO099A. $2,O0O@99A.
Washington Railway and Electric
preferred. s2,O00@6SA. s6,000QGSA.
Money-Call loans, 5q6 per cent.
The Washington times., 1922-04-06
Farms Loaned $1,o11,oOO.

The War Finance Corporation to-
day announced Government loans
amounting to s1.911, 90 for agricul-
tural and livestock purposes.
The Washington times., 1922-04-06
ss%HS HaHPs BUSINESS AND FINAN CE daHa&HES
Farm Loan Problems
Taken Up by Congress

House Banking and Currency Committee
Studies Bills Intended to Aid Farmers.
BY HARRY GUSACK.
Legislation extending the life of the War Finance Cor
poraton beyond June &c. taken by the House Bank
Ing and Currency Committee yesterday.
The Washington times., 1922-04-06
G. & p. Stock Issue.


The Chesapeake and Potomac
Telephone Company has made ap-
plication to the public service COM
mission of Maryland to issue
s3,000.000 preferred 7 per cent
cumulative preferred stock, 1t devel-
oped yesterday.
1t is reported that this Is the first
step in plan to expend some $15.-
100000 in the development Of the
company's plant In the District and
elsewhere. Commissions for the
sale of the stock are not to exceed
2 per cent and the total expenses
of bringing it out not more than 3
per cent Of the value of the added
issue.
1t is the intention Of the company
to offer this issue to telephone sub
scribers.
The Washington times., 1922-04-06

local chapter is entitled to about
twenty-three delegates. The cleo
tion of officers and board Of gov
ernors will be held May IL.
The Washington times., 1922-04-06
Curb Market.
Prices at noon: Bid.

Furnished by w. b. Hibbs n Co.
The Washington times., 1922-04-06
Oil Stocks.

Furnished by W B. Hibbs q Co.
Prices at noon: Bid. Ask.
The Washington times., 1922-04-06

Copyright. 1922. by Cosmopolitan News
6ervice.)
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1922-12-22
German Labor Pa1tyFights SHINES and
His Efforts to Abolish 8-HO1r Day LazQ

fifteen years they would have to
work at least ten hours a day. And
he didn't stress very strongly any
thing about getting extra pay for
extra hours.
This speech was at once taken up
as a challenge by the labor forces all
over the country. There are per
haps twelve million men and women
who belong to labor unions. And the
most of them are affiliated either
with the Social Democratic, the
entire. the Democratic or the Com
munist parties-which together have
Il big majority in the Reichstag.
The Social Democratic party as
party formally declared itself against
any tampering with the eight-hour
law or the eight-hour principle.
But the SHINES proposition isn't
dead yet. SHINES is a bulldog for per
unacity.
In the meantime other big en-
3loyers of labor have been feeling out
their workmen with two new PROPOSE
tions
FIRST-they would continue to pay
their men for the regular eight-hour
day. But for the extra two hours
they would pay them in goods. For
instance, a worker in a sugar refinery
would be paid overtime in 81 gar: a
worker in a -four mill in flour
acknowledgement in products is
obviously impossible in many indus
tries. For instance, an employee in a
rolling mill wouldn't want to be paid
with a steel bar. In such cases en-
ployers would pay the men their over
time in marks.
Another phase of Germany's indus
trial troubles will be discussed in
Bronners next story.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1922-12-22
Stock Sze,indZerS
Get Ready for
Sucker Cleanup
BIZ Times Special

WASHINGTON. Dec. 22.-Thou-
sands of bogus stock companies are
flooding the mails with "come-on let
ters." preparing for a cleanup on
suckers this and next month when
the Treasury redeems Victory bonds
and 1918 War Savings Stamps, the
latter totaling $645 900, 600
At the same time Treasury officials
are warning those who invested their
small earnings with the Government
during the war to beware the fake
stock promoter now.
To head off wild-catters' raids on
small savings, Congress is being urged
by Representative Edward Denison of
Illinois to rush into law "blue-sky"
bill which has already passed the
House and which is now delayed in
the Senate.
Denison's bill would prevent pro
motors from selling their stocks by
mail in States which have not APP
proved their schemes.
THE Treasury Department esti-
mates that every year the American
public is robbed of 100000, 900 by
means Of worthless securities" Rep
resentative Denison said. 1T is the
intention of my bill to put these
quacks out Of business, but not to
burden any legitimate enterprise
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1922-12-22

stands with open doors. More men
are under arms than before the war.
If one could examine the papers Of
the college graduates and the of.
ticers OF the late war, one would flna
that none Of them knew what we
were fighting for. Broadly speaking.
nobody knew. We only thought we
knew. An unlettered hiI billy in one
camp, when asked what we were
fighting for, said. ITO lick Germany
And that was as good an answer as
any.
Purpose 10 Lick Germany
The war had no known purpose ex-
cept TO lick Germany. and to preserve
this country from future risk. And
whatever purpose for good It had.
even that Of defeating Germany.
seems 10 have been forfeited In a
peace which Is as bad as war
That IL the tragedy OF 1.-THE most
ignorant Boor knew as much about
it for Gil practical purposes as the
best educated recruit. Education will
never cure this. Nothing can cure it
except a new world organization nut
ting into effect a new spirit Of world
mocracy-through a new kind of
statesman.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1922-12-22

II warn you" said Breitscheid,
pointing a long menacing finger at
SHINES, that the working men and
women of Germany will not allow
you and your kind to tear down the
eight hour law or to destroy the eight
hour principle"
All the time Breitscheid is speaking,
SHINES shows that the dynamic exist
ence ne has been leading in piling up
vast riches has begun to tell on him.
His dead white face never shows a
trace Of color; his hands are never
still.
SHINES did not reply to Breitscheid.
He simply listened.
One Of the first things the working
classes won in Germany. when the
republic was established. was the
enactment into organic law Of the
eight-hour statute.
Managers Of great industrial plants
have always sneered it was merely
an excuse TO work more than eight
hours and get double pay for over
time.
Not long ago at a meeting Of Ger
IMAM lAlU III leAl4SO> NoNlAiAAtS AlASlN~C q
speech in which he said if the Ger
man mark was ever to be stabilized,
II Germany was to pay the repara-
tons demanded by the allies and
thus get rid Of the armies of occupa-
ton, if she was ever TO set her own
house in order, she would have to
produce more goods and to do this
lker people would have to work longer
hours.
Must Go to Work
He said no one would dream of dis
turbing the letter Of the German
eight-hour law. but German work
men would simply have to make up
their minds that for the next ten or
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1922-12-22
Marriage Doomed 5;s S'; rso" ' T''s;
Matrimony viii Be Merely
Business Contract for Pro-
lection of Children.
BY JOSEPHINE VAN DE GRIFT
NEA STAFF Correspondent

NEA StUH Correspondent
NEW YORK, Dec. 22.-Is the ven
cradle institution of matrimony bound
for the discard?
Have the myriads Of women who
went out into the world seeking
financial independence made a dis
covery which is likely to penetrate
to the very foundation of the home?
Women doctors, lawyers and edu.
Gators have limited as much while
Mrs Almon Hensley, writer and one
time British militant suffragist, openly
predicts that the next few years
shall see determined strides toward
a marriage compact\tha shall be "as
easily entered into and as readily dis
solved as the ordinary business agree
ment.
Everyone knows" she maintains.
that as far as social law goes the
question of marriage is purely one of
economic import. With every step
that women have taken toward eco
nomic independence there has been a
growing revulsion toward marriage
as men have seen fit to make 1t.
1.-THE signs of the times point to n
desire for easy divorce. This is the
best proof Of the need of reform IN
marriage. There are no satisfied
married people trying to get apart.
ut is a supreme impertinence that
the law either social or judicial
should presume to interfere in the
intimate relations of men and
women"
There are conditions which, accord.
ing to Mrs. Hensley, will tend to
become general during the next fifty
years:
Marriage-The marriage contract
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1922-12-22

CiaI Democratic leader
The Rockefeller Of Germany, the
man who owns mines, steel works,
street railways systems. banks and
newspapers, also finds time 10 be a
member Of the German Legislative
body. I heard him vigorously scored
by DR.. Rudolph Breitscheid, one of the
intellectuals in the Social Democratic
party. the biggest party numerically
in Germany.
1t was never -tobe-forgotten
scene, not only because of the per
sonality Of the men involved. but be-
cause they represent clashing inter
ests in what is looked upon as one OF
the most important and bitterly con-
tested problems OF present-day Ger
many.
Breitscheid started out by excori-
ating the German Peoples Party as
SHINES party.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1922-12-22
Why Was the War?

he can, after four years Of so-called
peace, will he speak up and inform a
puzzled world?
Was II to make the world safe for
democracy?
In Worse Shape
That is what we were told when the
boys we're examined, but when was
democracy in worse case over most Of
the world than now, four years after
we won2
Was it to establish peace? We'll,
there has never been a moment Of
peace since our victory. ana nothing
but the prostration Of the nations
prevents war on half a dozen fronts
tomorrow. The Temple OF Janus
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1922-12-22
CRIME W =
AND NM
PARDONS Y 2

AND AN| murder and decree that he be imprisoned in
PARDONS the State prison the of his life Short
and simple isn't it? Yet to the prisoner sit
ting with banched cheeks with deputy sheriff just behind him
It doesn't
That what Charles Irwin. who thrust knife
breast in the fair city of Indianapolis fall heard the cler
the Criminal Court read He years old good health
Deathlike stiffness prevailed Then somebody whispered
That's not so bad. He II be pardoned in "a few years
Sad but many The State example Of
citizen and then the Governor relatives
and outsiders mpeled by maudn sympathy. him go
Surely it's fine for the prisoner In spite name
penitenary where criminal supposed to be pentent
probably does a harm than good
But how about the effect that part the population that
needs restraining keep them within England
prison enforced Fewer murders committed
the entire kingdom Wales England year
than in Chicago alone.
Our courts only safeguard Their DEGREES should
upheld and murder would become less popular
States
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1922-12-22
And So They Go
BIZ BERTON BR4LBY

BIZ BERTON BRALBY
FI1EN little motorists driving down the line.
One hit a trolley car-then there nine
Nine little motorists monkeyns with Fate
bumped a truck-then there eight.
Eight little motorists trusting much in Heaven.
ono tried 10 hog the road-then there were seven.
little motorists trying clever tricks.
a railroad uan--then there
v little motorss thought that they could drive.
skidded of bridge-then there
Five little motorists speeding more and
ono struck Thank-you- aln-then there were four
-Four little motorists driving recklessee
Three little motorists hesvng into view.
one passed a curve-tbeu there were two
Two little motorists make
hit a granite wAl-thcn
One little mOorist packing quite bun
He's in a prison cell-so there
a history II well heed
II has a who drives readl
Copyright, 1922, NEA Service)
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1922-12-22

will be purely a business contract for
the protection OF children. There
will be nothing in 1t to compel man
and woman to live together
Woman-The woman will maintain
her independence and live her own
life. Motherhood will be pensioned.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1922-12-22
BY HERBERT QUICK.

bE IIIINIIIIN u ININ.
Alr. Mcdaniel Of the War Depart
ment. spoke in WASHINGTON the other
day in favor OF vocational training
Let us hope that all efforts in aid Of
vocational training Sll succeed. 1t
is a type Of education which we neg
lect; and this neglect Is the chief de
feet in our system.
But when Mr.. Mcdaniel illustrated
his point by saying that half the sol
d!ers in the late war were so badly
educated that they did not know for
what they We're lighting, we pause
and scratch our head
Can Mr.. Mcdaniel tell us now what
il was for which we were fighting? II