davidaulloa/AmericanStories huggingface dataset:
Albuquerque morning journal., 1922-11-13
How Our Exports Have Been
Paid For


Without disputing the conclu-
sion, it may be we'll to point out
that there are some uncertain fac
tors in the situation. The doubts
that have been expressed about the
maintenance OF our exports to Eu-
rope have been related to the in
ability of Europe to find the means
of payment. 1t was evident that the
heavy trade balance would have to
be settled in some manner, prob
ably to great extent by loans or
grants OF credit of some kind, and
it was considered doubtful whether
they would be provided in this
country. 1t is known now that
these have been provided in large
amounts. The total of loans and
credits is not definitely known, but
the Hon. D. r. Crissinger, Comp
troller OF the Currency, after get
ting the best information he could
on the subject, has estimated the
net amount OF foreign loans in
terms of dollars hoated in this
country in the four years OF 1919
to 1922. i'll round figures of ST.
500,000,000 and the total, including
securities payable in foreign cur
rencies, at more than $3,000,000,000.
He estimates the foreign curren-
cies purchased in the United States
as representing a cost of $500,000,-
600, and it may be mentioned in
this connection that the New York
World has recently conducted an
inquiry upon this subject which
resulted in an estimate above $780,
100000 for our purchases of mark
currency and mark securities.
Mr.. Crissinger's figures above
aggregate S3,500,000,000, without
commercial credits. These he esti-
mates at $3,000,000,000 since Aug
ust, 1914, and he estimates our
purchases of American securities
from foreign holders since that
date at $3,OO0,0O0,000. Confning
the present discussion TO the post
war period, without attempting to
say what share of the commercial
credits or purchases of American
securities belong to this period, It
IS evident that altogether the Off
sets against our exports, as classi-
fed above, have amounted to con-
sidcrably more than billion dol
lars a year since the war.
It is true that not all Of these
Albuquerque morning journal., 1922-11-13
GRAPE GROWERS
IN CALIFORNIA
LOSE AT POLL S
Continued from fage One.

| the issuance of bonds up to $l0,-
100000 to enable veterans to buy
farms and homes on easy terms.
On the other hand, an effort in
California to have the tax eXemp-
Ition of $1,000 allowed all other
veterans extended to those veterans
who were released from active duty
under honorable conditions, but not
actually discharged, was beaten.
The voters in several far west
ern states expressed their opinion
on questions Of medical attention
and public health. Osteopaths and
|chiropractors won the right in
California to nave licenses issued
by examining boards of their own,
Instead OF by the state board OF
medical examiners.
Anti-vivisection measures were
defeated in California and Colora-
do, and an attempt in Washington
to prohibit the physical eXamina-
ton of school children except with
the parents consent also was lost,
Single tax proposals were voted
down in Oregon and California;
Washington repealed its poll tax
and Oregon rejected an income tax.
Portland voters defeated a propos-
ed $3,000,000 tax for the Atlantic.
Pacific highway and the electric
exposition to be held in that city In
1925.
Two bond issues We're carried,
SO, 100000 highway block in Colo
RADIO and the S10,OOO,O0O series in
California for veterans home and
farm aid. The fate of Arizonas
proposed s2,5OO,OO0 issue for the
Phoenix-Los Angeles highway Is
still in doubt. An ambitious public
ownership plan for California, by
which the state was to undertake
the development of all lis hydro
electric ana water resources, issu-
ing bonds up to s50O,0O0,000 as
needed for the work, was lost by
more than two to one majority.
Albuquerque morning journal., 1922-11-13
S0LON SUGGESTS
ABOLISH M ENT OF
SENIORITY RULE
Continued from Page One.

merce, which will have to deal with
efforts to abolish the railway labor
board and to amend the transpor-
tation act and the Adamson eight
hour law. Six members must be
replaced. -Four republicans, Sena-
tors Townsend, Kellogg, Poindex-
ter and Frelinghuysen were defeat
ed, with one democrat, Senator
Pomerene, Ohio, while another
democratic member, Senator Mey-
ers, Montana, was not candidate
for reelection.
On the foreign relations COM
mittee three republican members
and three democrats, retire. The
foreign relations post is regarded
as particularly desirable and va
cancies always are the subject of
sharp competition.
Albuquerque morning journal., 1922-11-13

which was considered a bumper
year for the birds. The price this
year, according to local produce
men. win be from s to Is cents q
pound below that Of 1921.
Most farmers in this section will
hold their turkeys until few days
before Thanksgiving. according to
the produce men. One local firm
Albuquerque morning journal., 1922-11-13
IIIIIII[LNUlllII|I

and have taken it. | feel SO well
and strong and can do every bit of
my work and not pain In my back
now. l recommend your medicine
and you can use this letter as testi-
monial. - Mrs. PHIL. MAsER, 80l
Winslow ST., st. Paul, MINI.
Just another case where a woman
found relief by taking Lydia E. Pink
hams Vegetable Compound. Many
times these tired, worn-out feelings
and pains about the body are from
troubles many women have. The Veg
etable Compound is especially adapt
cd for just this condition, The good
results are noted by the disagreeable
symptoms passing away one after
another.
! Lydia e. Pinkharn's Vegetable
3 Compound lisa Woman's Medicine for
Women's Ailments. Always reliable.
ADV.
Albuquerque morning journal., 1922-11-13

products, that have been moving
out in the past year. European
conditions have been the cloud
upon the horizon ever since the
war, and two opinions have been
held about the probable influence
of Europe upon our prosperity.
One has been that European pur-
chases probably would decline be-
cause of Europe's inability to make
payments, and that we could not
hope for normal conditions in this
country without recovery in
Europe; the other has been that
Europe must Of necessity take our
principal agricultural products in
at least as large quantities as be-
fore the war, because of Russia's
disappearance as an exporter, and
that beyond this the United States
was sufficiently self-contained to
get along very well without
Europe.
1t was inevitable that our ex-
ports of agricultural products
would decline from the war figures
as agriculture in Europe recovered,
although in the case of wheat they
have been we'll maintained to the
present time. On the whole they
have been maintained in quantity
above the pre-war level.
Down to this time events appear
to have fairly we'll sustained the
view that Europe would need to
take at least as much OF foodstuffs
from us as in the pre-war years,
and the recovery of business ac-
tivity this year, despite our serious
strikes, has given support to the
view that this country can have
a good degree Of prosperity even
though Europe does not overcome
its troubles.
Albuquerque morning journal., 1922-11-13
TURKEY CROP LARGER
AROUND SALINA, KANS

Salina, Kans. Nov. 12.-The
thoughts Of almost every man and
woman these DAYS are turning TO
the annual Thanksgiving day din
ner. 1t will be interesting to those
anticipating purchase of a fat hen
or gobbler that produce men in
this vicinity estimate that 90 per
cent more turkeys were raised
around Salina this year than last,
Albuquerque morning journal., 1922-11-13
PRINCETON AND
YALE GRIDSTERS
CLASH SATURDAY
Continued from cage One.

next year because Of schedule linn
ltations, shattered two Crimson ira
ditions. 1t was the first defeat ad.
minlstered by the Tigers on Har-
wards own field since 1895 and
the first time since the advent OF
the Haughton system in 1908 that
the same team has beaten the
Cambridge eleven twice in success
sion.
Albuquerque morning journal., 1922-11-13
ENTIRE FAMILY HAD "ELU"

Keep right on using Foley's
Honey and Tar. 1t will give quick
relief said the doctor. when the
entire family had the FLU" Never
saw anything so good" writes
Mrs. A. b. Griffith, Andrews, Ind.
Neglected coughs and colds often
lead 10 serious complications. Fo-
ley's Honey and Tar gives quick
relief. Free from opiates (ingre-
dients printed on the wrapper)
Largest selling cough medicine In
tho world. Sold everywhere. -
Ady.
Albuquerque morning journal., 1922-11-13

A DVANCES in grain, dairy
~ products and cotton during
4 N October strengthened the
relatively low price OF most agri-
cultural products, which was the
weak spot in the September trade
situation, and railroad traffic closely
approached that of October 1920,
For the week ended October H.,
the number of freight cars loaded
was 9S3,407, against 9l0,529 in the
corresponding week of 1921 and
l,0l8,539 in the corresponding
week of 1920. Grain shipments
have been seriously hampered by
the lack of cars, and undoubtedly
car loadings would be running
above the 1920 figures if the rail-
roads were able to handle the busi-
ness offered. Coal production has
been below the mine capacity, due
partly to the lack of cars and
partly because Of an indisposition
OF purchasers to accumulate stock
on falling market.
Albuquerque morning journal., 1922-11-13
Prevent Influenza

The Tonic and Laxative Effect Of
Laxative BROMO QUININE Tab
lets will keep tho system in a
healthy condition and thus ward
off all attacks Of Colds, Grip or In
fluenza. soc.
Albuquerque morning journal., 1922-11-13
WOMAN COULD
NOT WORK
Made Strong and Well by
Lydia E. Pinkharn's Veg
etable Compound
st. Paul, MINI. --'T took Lydia E.
Pinkham's Vegetable Compound for

Ia tired, Worn-0uC
feeling and pain
full periods. fused
to get up with a
pain in my head
and pains in my
Hover parts and
back. Often / was
not able to do my
work. ! read in
|your little book
about Lydia z.
|Pinkham's We e.
Ietahlp Comno,Ipd
Albuquerque morning journal., 1922-11-13
Europe As a Factor

Conditions in this country are
favorable to a continuing volume
Of business practically to the limit
Of our labor supply and transpor-
tation facilities. as long as foreign
markets will take the quantities Of
our products, particularly farm
Albuquerque morning journal., 1922-11-13

Among a membership of 1862,
the American Institute of Mechani-
cal Engineering, reports only two
women.
Albuquerque morning journal., 1922-11-13

A western firm is said to have
made practicable the renewing Of
tungsten lamps after they have
burned out,
Albuquerque morning journal., 1922-11-13
Industry and Trade

The industries are generally ac-
tive, with employment practically
full and wages continuing to come
into line on the higher level estab-
lshcd in September. In all lines
OF manufacturing raw materials
have been advancing, and efforts
are being made to secure corre-
spending advances in finished pro-
ducts, but they meet with no little
opposition. Advances in wool, cot
ton and silk have forced manufac-
turers to mark up cloths, but al
though the dealers yield a grudg-
ing consent. goods lag behind the
materials. Consumption OF cotton
by the mills in September was 495,-
344 running bales against 527,404
in August and 484,7l8 in Septem-
Der, 1921.
Albuquerque morning journal., 1922-11-13
Cotton Market Outlook

The weather has been favorable
to making the most of the posi-
bilities for the cotton crop, but the
yield cannot be expected TO be
much above the governments last
estimate of 10,3l5,000 bales. The
carry-over stock in this country
was 2,828,000 bales, which would
make the available supply little
over 100000 bales. Consumption
and exports in the last crop year
were about 12,200000 bales. Do
mestic consumption is running
ahead OF last year, but exports are
falling behind. Foreign stocks,
however, are light, aud world con-
sumption in 1922 has been well
above that OF 1921. Evidently
everything depends upon the Euro
pean political and industrial situa-
ton. II the consumption Of cot
ton goods is anything like normal,
there will be a shortage of raw cot
ton. In view of these conditions
the market has been strong, rising
above "a cents per pound.
At this price the crop will bring
more than the average return to
the South and affords the basis for
good business in that territory for
the ensuing year.
Hogs are down a little from last
months prices, but all live stock
is on a much more satisfactory
basis than a year ago. John Clay
& Co., Chicago, one of the leading
live stock commission firms, makes
the following statement as show
ing the improvement over a year
ago:
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1922-03-26
CAvE-IN WRECKS
TOWN IN ITALY

MESSINA. Italy, March 25.-San
Eratelletto. a town not far from
here, cayed in. causing many deaths
aud depriving 500 families of their
homes.
The town was built on the crest
of a hill. Unseen currents Of water
had eaten in the under soil to such
an extent that the whole top OF the
hill fell in during the night carry
ing virtually all of the town into
a horrible destruction. Fortunate
ly. some signs OF the catastrophe
had been observed in time to allow
most OF the inhabitants to take
refuge in a nearby valley.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1922-03-26
EXPLAINS METHOD
OF BODY BUILDING
Huge Kilns Holding 100000
Feet of Lumber Used
At Plant.

Unusual interest attaches to the
numerous details Of manufacturing
automobile bodies. as practiced in
the mammoth works Of the Peerless
Motor Car Company in Cleveland.
. Peerless bodies. both open and
enclosed, have always been built
complete at-the Peerless plant. The
wood used for the framework is a
carefully selected grade Of white
ash and is kiln dried in one of the
huge ~kilns which the company
maintains on its own premises.
kilns have sufficient capacity to dry
200. 600 feet OF lumber at one time.
and the temperature and humidity
TO which the lumber is subjected is
under very precise control.
After the wood is properly sea
soned IL is cut. shaped, Joined and
assembled by a corps OF expert
coach builders who had been in the
service Of the Peerless organization
for a long time. At the more i'm
portant points Of the framework
which have the severest strain or
where greatest rigidity is neces-
sary, such as the stills and pillars,
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1922-03-26

ernor's signature. The other gaso-
line tax bill. calling for two cents
a gallon. has been passed by the
House and has reached second read
ing in the Senate. The act Is to
replace the one cent law on January
/. 1924. as a substitute in large
measure to the existing horsepower
license fees for cars.
On Thursday word was received
from Washington that the District
Of Columbia Commissioners are
waiting on final action by the leg
islature on this measure when a
similar law probably will be
adopted for Washington. With the
District of Columbia following the
gasoline tax principle. full reci-
procity between Maryland and the
District is expected to become an
accomplished fact and thus remove
the. old controversy over the. re-
quirement for two license tags.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1922-03-26

sically unfit driver to start are in
corporated in the entry blank, in
the supplementary conditions to the
A. A. A. contest boards rules and
regulations. 1t is provided that in
event of rain May 80 the race will
be run on May 81. Entries will
be accepted up to midnight on
May 1.
Races Improve Cars.
Racing has always been the cru
chile in which the mechanisms of
the motor car has been refined.
This is the last year that engines
as large as the Ford power plant
will be permitted to race for an
aggregate purse of more than
100000, including the speedway's
$4,000. Eleven years ago the race
started for engines of not more
than 900 cubic inches piston dis
placement, but was reduced for
1913 and 1914 to a $50 maximum.
The cars showed too much speed
and the speedway management cut
the displacement to 800 cubic
inches, where it rested from 1915
to 1919. In 1919 the present three
litre or 1873 cubic-inch class was
inaugurated. Next years race will
be for two-litre engines. or 122
cubic-inch maximum.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1922-03-26

tween intersecting or connecting
highways; nor at a greater rate of
speed than twelve miles an hour
crossing an intersecting or connect
ing highway: nor around the cor
ners of any highway: nor at
greater rate of speed than twelve
miles an hour over any bridge hav-
ing a wooden floor; nor at a greater
rate of speed than six miles an
hour into or out of any alley; Pro-
vided, however. that outside of
parks and on portions of highways
between intersecting or connecting
highways where there are not more
than two houses, a rate of speed
not exceeding twenty-five miles an
hour will be permitted for vehicles
described in this paragraph.
The driver or operator of a We
hicle and the owner or proprietor
riding thereon, violating any of this
section shall be subject to the fol-
lowing penalties prescribed in the
Act of Congress approved June 20,
1906. regulating the speed of auto
mobiles in the District of Columbia.
Q. why it is that electricity.
after passing through the ignition
feet is felt when touching the bat
terry? r. o. ..s
A. While the current Is passing
through the primary which consists
of comparatively few turns large
wire of the ignition coils 1t is gen.
Grating magnetic field which sur
rounds the secondary. While the
current is passing through the pri-
mary of the ignition coil it is gem
Grating a magnetic field which sur
rounds the secondary winding.
When the circuit is broken by the
opening of the breaker points this
magnetic field collapses and as 1t
dies out 1T cuts across the many
turns of the secondary wire.f This
simple action generates electricity
Of a high voltage in the secondary
or, spark plug circuit and is respon-
sible for the shock which. one re-
ceives.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1922-03-26
INDIANAPOLIS RACE
OFFICIALS GIVE.
RULING FOR EVENT
Motor Speedway Will
Stage Sweepstakes May
i 80 on Brick Oval.
PRIZES TOTAL $4,000
Winner Of Racing Event
To Receive Award
4 !! OF $4,000.

INDIANAPoLIS. March '7.-For
the tenth time the Indianapolis
mptor speedway will stage its 500
mibe International Sweepstakes,
May 30. on the two and one-half
mfe brick oval which has made
the Hoosier capital famous inter-
nationally. AS in previous years.
the. race carries the largest cash
award OF the season for an auto
mobile speed contest, with $4,000
total and $4,000 to the winner.
Ten times in the last twelve
years the speed kings OF the gaso-
line world have contested for the
honor, of winning an international
RAPE and in the ten events no
driyer' has been able TO repeat and
have the honor of twice winning
the event, something which no
other speed classic is distinguished
by The race has grown from a
domestic affair in 1911, with none
but american pilots contesting, to
the greatest event of the season
with-ithe cream OF European teams
as Contestants. The lapse of two
Years, in the running of the In
werI6 war, as races were not con-
ddeted in 1917 and 1918.
Entry blanks have been placed
in the mails by the Indianapolis
Motor Speedway Company and re-
snonses from American and for
Cign drivers are expected daily, as
its is always q contest, especially
among the American pilots, to have
the honor of carrying the 81" in
the race.
Weights Are Changed.
Conditions for the race are the
same as in 1920 and last year, with
the maximum engine size placed
at 1873 cubic inches. However, the
weight conditions differ from for
mer years and foreshadow the
competition of what a decade ago
would have been scorned as minia-
ture engines. The maximum pis-
ton displacement cars, up to 1873
cubic inches and not less than 123
cubic inches, Is 1850 pounds mini
mum without gasoline, oil or ball
last of any kind. For the driver
entering a car in the two-litre
class, 122 cubic inches engine con-
tent or under, new weight condi-
tions have been announced this
year. The engine of 92-122 cubic
inches rates a minimum weight of
] 400 pounds, while cars with en-
gines of 911a cubic inches or less
can start with a minimum weight
OF 1900 pounds.
The usual rigid requirements
making IT impossible for a ply
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1922-03-26
HUNDRED MILE INTERNATIONAL
AUTOMOBILE CLUB
OF MD. TO BATTLE
TRAFFIC MEASURE
Joseph Bill. Regulating
Violations, Would I'm.
pose Big Penalties.

BALTIMORE March 25.-with
the passage on Thursday, by the
house of delegates of the. Joseph
bill, intended to eliminate minimum
penalties for violation of many of
the present traffic regulations and
to impose heavier penalties for
some of the more serious offenses,
the Automobile Club OF Maryland is
preparing to wage a bitter fight be-
fore the senate in opposition to the
measure.
The bill. introduced in the house
by Delegate Daniel c. Joseph. for
mer associate justice of the Traffic
Court, also would reduce the license
fees for motorcycles and increase
the pay of the associate magistrate
from $500 a year to s2,100 and pro-
vide that he shall sit concurrently
with the permanent magistrate
whenever there shall be fifty or
more cases on the docket.
- Political influence Feared.
Under action taken by the auto
mobile club last Tuesday II is con-
tended that by. lifting the minimum
fine provisions the gate would be
opened to political string pulling for
offenders. while those without such
support could be. called on 70 pay
heavier fines, thus destroying the
policy of equality as now existing,
At Tuesdays meeting the bill was
taken section by section by Osborne
]. Yellott. counsel for the club. and
discussed. As consequence. he
was instructed to arrange for a
hearing before the senate commit
tee during the present week. A
committee of twenty members WAS
appointed to accompany Mr.. Yellott
to Annapolis in opposition to the
passage Of the bill.
IL was also announced at the
meeting that Z. Austin Baughman
Commissioner of Motor Vehicles, had
abandoned the idea of asking for
a change in the present law. and
thus require the renewal of opera
tors license cards annually at a
cost of 81. The proposal had been
strongly opposed by the club mem
bers. Other changes In the exist
ing laws to close loopholes. espe-
be carried through IL possible with
the full backing of the club men,
bers.
Gns Tax Is Adopted.
Announcement also was received
at club headquarters during the
week of the final passage of the
one cent gasoline tax law. effec-
tive June l, 1922. to December 81
1923. The bill now awaits the gov