davidaulloa/AmericanStories huggingface dataset:
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-25
AID SOCIETY OF
ERIE CHURCH IN
ELECTION MEET
Especial Correspondence. }

I k(SpeClaI COTfespunutHCe.J
Erie, Sept. 23.-The following
officers of the Erie Methodist church
aid society have been elected: Pres
ident, Mrs. Fannie Swederus; vice
presidents, Mrs. Mary Harmon and
Mrs. \ Elizabeth Hawk: secretary,
Miss Cora Wells; assistant secre-
tary, Mrs. Mary DALEY; treasurer,
Mrs. 10 Pfundstein.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-25
MONTHLY !. O. o. F.
SESSION WILL BE
HELD AT SEATON

I Especial TO The August
Aledo, Sept. 25.-The regular
monthly meeting of the Mercer
County Odd Fellow association will
be held at Seaton the evening Of
Friday. Sept. 2S4 Work in the sec
ond degree will be given several
candidates by the degree team Of
the Viola lodge. A large number are
expected to attend from the lodges
OF the county towns and also from
those near the border.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-25
INVENTORY FOR c. & A.

Bloomington, Ill.-A physical in
ventory of the property of the Chi
tago & Alton railroad, now in the
hands of receivers, has been or
dered by President w. G. Baird.
The inventory will be in charge Of
Superintendent G. W. Seidei of the
motive power department, G. W.
.secor. general storekeeper, and
Norris Donahue.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-25
COSTELLO BURIED m
GENESEO CEMETERY
(SpeciaI Correspondence i,

Geneseo, Sept. 25.-The funeral
Of John NJ. Costello, whose sudden
death occurred last Tuesday night
at the Hammond hospital following
sickness of few hours due to
poisoning, was held at the late resi-
dence on East Park street yester-
day afternoon. Rev. William Har-
berts Of the Presbyterian church
officiated. Members Of, Geneseo
camp, M. W. A., attended the ser
vice, Mr.. Costello having been a
member Of that organization. In
terment was held at lakewood GEM
etery.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-25
OFF FOR SCHOOL.
(Special G OrrpspOnlence


Reynolds, Sept. 25.-Miss Marie
Freytag and the Misses Leona and
Ethel Vanatta have gone to Iowa
City, Iowa, where they will attend
the university this year. Miss Lulu
Johnston has gone to Jacksonville,
I'LL, where she will attend the Hill
snois Women's college. h.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-25
GALvA GIRL WEEDS.
Especial Correspondence.

Especial Correspondence
Galva, Sept. .25.-Word has bsen
received here from Chicago of the
marriage Of Miss Eff1e Anderson of
Galva and Orle Stearnes of Ke-
vance. which took place Sept. 9.
Mrs. Stearnes Is the daughter of
Claus Anderson" The young couple
will reside in Chicago.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-25
UNDERGOEs OPERATION.
Special Correspondence. J

Especial Correspondence
Prophetstown, Sept. 25.-Clifford
Olson Of Prophetstown, who re-
Gently underwent an operation for
the removal Of his appendix, is i'm
proving nicely and will soon be
able to return home.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-25
GRAVEL SHORTAGE
DELAYS ROAD WORK
Neutrality-suspicious..


Atkinson, Sept. 25.rThe Conway
Construction company has been de-
layed in pouring cement for the
hard road, due to shortage of
gravel. They will begin work
about the middle of this week.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-25
WILL RAISE FUNDS
TO REMODEL CHURCH
Especial Corraspondenca)

Especial COrrespondene0O
Milan, Sept: Is. = The Beulah
missionary ladies will give chick
en- supper at the church Wednesday
evening. Serving. will begin at 6
o'clock. The proceeds of the affair
will be used to remodel the church.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-25

Neli's Of WesteyIl
IllisjOis IN Briefs

4 Coal vailey-Aev. ]. A. Berge,
pastor Of the Presbyterian church,
e suffering from . wounded foot.
He stepped On . nail while walk
ing in his yard.
Miss Florence Larson entertained
the e. Y. G. club at her east Of here.
Reynolds-The juniors and sem
iors Of the local high school gave
. reception for the freshies.
An election will be held soon to
select . trustee for the school
board to fill the vacancy caused by
the death Of John Parks.
Atkinson-Mrs. I. L. Mellott was
leader at Christian Endeayof last
night. The subject was How Can
We Help Foreign Missions
Annawan-The peach crop has
been better this season than for
many years. The fruit Is of excel
lent quality.
A record-breaking force is en-
gagged in harvesting the onion crop
in Kedron valley. Hundreds Of
cars have been shipped.
Bowling.-Joseph Farrar, Bowl
ing farmer. who was recently in
jured in q runaway. has returned
home and is now able to be about,
DR.. A. F. McBurney, who gave
the tuberculin test to three herds
OF cattle in Blask Hawk township
last week. found but ole reactor in
the bunch.
Albany.-Mrs. Lyman Slocum il
visiting her son and daughter, L. L
Slocum and Mrs. Arthur Spangier
aRk
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-25

All the news all the time-The
Argue
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-25
Say "Bayer" and Insist,

Unless you zee tie name "Bayers
on package or on tablets you are
not getting the genuine Bayer pro-
duct prescribed by physicians over
twenty-five years and proved safe
BY millions for
Colds Headache
Toothache Lumbago
= Earache Rheumatism
Neuralgia Pain, Pain
Accept only -Hayer" package
which contains proper directions.
Handy boxes Of twelve tablets cost
few, cents. Druggists also sell bot
ties Of q and 100. Aspirin is the
trade mark Of Bayer Manufacture
OF Nonoaceticacidester Of SaEeylie-
acid4-lAdyertisementl
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-25

Albany.-Mrs. Lyman Slocum is
visiting her son and daughter, L. L:
Slocum and Mrs. Arthur Spangier,
after spending the summer with a
daughter in Fromberg, Mont.
New-York tribune., 1922-12-10
b. Merrile Stanley Rulsyser

same tine 20 have them denied the
Use Of the mails.
"You are advised that the English
Parliament passed laws prohibiting
iho.r doing business in England, md
I think generally Wherever they are
ihorolrhly Investigated they are being
held .nimical 70 the welfare OF the
people, ard the feeling Is growing very
rapidly that they should be prohibited
rom doing business in the United
states ii possible"
After analyzilg The plan OF one
specific company the indianapolis Bet
ter business Bureau Tecapiiulatss
these facts for the investor to con
sidcr'
/. Three per cent and 4 per cent
loans are not available upon de-
mnnd.
2. These loan concerns arr in
corporated associations, and have
no cIuitai % loan. the funds being
entirely supplied By contract hold
ors.
3. 10 get o loan ono must be-
come contract holder, sign an
agreement 20 make payments Of
$3.50 monthly for a period Of ten
years.
g. Lonns are made in numerical
order Of the contracts n all pay
mcnts and other requirements are
met. and II sufficient funds arc In
the loan fund.
.. Tho frs. four monthly pay
ments ard fraction of several
sub1cGucni payments de not reach
the loan furi, but are diverted 20
expense fund which Goes % the
organizers Tor erpenses and COM
penALtiCn.
g The first four monthly pay.
ments are forfeited and Totally
los. n the contract holder wishes
20 quit after these payments.
2. The sixth monthly payment In
most Contracts has a small caFh-in
or pcid up value.
:. Promise b. agent or soIiei-
tors that loans viii be made In
given time are misleading and are
not iu accordsnes with The con
tract. Records Of the bieeett 3
per cent aasocistion IN the conn-
try show that the maximum ma
New-York tribune., 1922-12-10
Fire Operating Groups

The reicinder was that further con.
.0lidnti0n would effect only theoretl-
cal changes, for ort of 600 companies
originally the present Pennsylvania
system consists OF FIVE operating
groups. only three Of which are i'm
portant--ihe Pennsylvania. the West
jersey q Seashore and the Long lsli
and and seventy separate corporate
entities The Pennsylvania, according
90 Mr. County, produces 90 70 "a per
cent Of the revenue Of the entire sys-
tenn. owns all the stock or the Long
Island and half 81 that Of the West
Jersey q Soashore.
Mr. County recently wrote 10 an in
vestor Ia Pennsylvania securities who
was disturbed by the criticism made by
q well known .tatistician. As a prooi
that those who were pessimistic about
the Pennsylvania were wrong Dir,
County said:
"On the financial side is the reg
tcration Of our dividend. On the OD-
Grating side was the ability TO deal
With our own employees through their
own elected Representatives on our
pay rolls and carry IL out success-
fully. in view Of the position OF Tie
iasor unions and the Labor Board.
And wish 10 roint out that this ias
been done, Notwithstanding railroad
strikes IN 1927 and 1922 During ihc
after strike IL was apparent. from
the loyalty Of our men, that VIC were
IN better shape than any other railroad
in the country, because our men knew
exactly where we stood Further, in
1921. we suffered q total operating
revenue loss, compared with 1920 OF
over As2.0o0,0Q0, and we cut The month
ly pay roll from S260,000 to S2ls,OO0,
or p per cent.
AS a result OF economies enforced
total operating expenses werc reduced
IN 1921, compared with 1920. Of over
sle00Co,co0, of which Ss8 900 900 we're
in transportation expenses. Tho net
railway operating income was over
$4,000 900 compared with O dehcit %
sr2 600 600. IN 1920. or an if,pr5vement
or over fl03 00o. 900 In the operatinc
fesulls of 1921. For 1922 our increase
m the quarterly dividend rate Of ] 10
y per cent IS an evidence Of improve
ment and that the PennsvlVauia
regional system shows an increase of
S3f.4I9.5ti, or if2 per cent. IN the net
railway operating income Tor the first
nine months o. 1922. compared with
1921. TIE valve q our stock has risen
maier.allyi our credit is very strong,
Judged By The prices Of our bonds ard
stocks. compared with other roads. and
our stockholders and investors have
stood b. us, Notwithstanding al the
prophecies.
"The Pennsylvania nov las a Prop
erty investment Of over s2.2O0O00 0c0.
ard is still the greatest transpoTta-
tion system in the country. with plenty
of vision in rs management, and the
only hy IN the ointment is the con
tlnued failure 20 give Us reasonable
regulation and allow Us 10 earn a fair
return on that investment That policy,
continued FOR over uftesn years. pre-
vents ls from giving our portion Of
the American Continent the improved
and economical sygtem of transporta-
ton We know il de serves"
New-York tribune., 1922-12-10
Crop Disqualification

Propaganda against the admittedly
iniduitious one crop system that has 50
long cursed Southern agriculture, has
resulted in q widespread diversified
tion OF crops during the last few
years, but, as Senator Watson, OF
Georgia. remarked: "In the South Il Is
impossible 20 adopt any money crop In
the place Of cotton Another South
ern Senator explained, during q discus.
sion OF the boil weevil: ain the South
Atlantic States all the land. in spite Of
is wonderful productivity when artih-
eiaily fertilized, makes the cost Of any
ether crop prohibitiye In competition
with the great gsain fields OF he West
Corn is raised in the West In such
quantities and "a such a cost as 20
make IL absolutely impossible for us
IN grow IL In competition"
Hence, II cotton gees out chaos comes
resulting in a wilderness Of abandoned
farms comparable 20 sections OF New
England. This is no reckless forecast
but catastrophe In the making, for in
September Of this year the president Of
the National Farmers Union. after
a trip through Florida and Georgia, re-
ported one county where more than half
the farms had been sold this year under
the sheriff. hammer. The houses were
Absndonsd. The people and the animals
were gone. The farmers had given up
hope and left their crops 70 the boil
wesvil, and similar conditions existed
all over the State Of Georgia.
This picture Of desolation will be
painted over a wider area unless a
remedy Is found that will fall within
the purchasing power Of the hundreds
Of milllens who use cotton In its multi
tude Of manufactured shapes. The
boundaries Of this range viii contract
and expand with the prosperity of the
nations Of the world. Nevertheless. u
Is admitted on all sides that the boil
woeyil has permanently raised the cost
Of producing American cotton and until
tho spinning trade and It's eustomers
adjust their relations TO accept this
inescapable condition and readily pay
the higher heure, there VIII continue
20 be a restricted production and
scarcity Of material. The producer
cannot for long continue supplying the
spinner can keep the spindlea turning
unless hls capital remains unlmpalred
and bic workers paid an adequate wage.
In plaiR tsrms the grower ls prooue-
ing one bale to-day whore he formerly
made two and sometimes three, and IN
certain sections Of the south this 10
only possible when the infested squares
are picked oh and vastly greater guar
tities ~ fertilizer applied. To these
must be added the extra price 70 be
paid for picking the crop when the
hoils, which the weeyiI has allowed %
rlpsn. ars sparsely distributed over
the fields.
As the situation must be viewed
from every angle, Il Il 20 b boFne In
mind that much of the news about the
boil weevll ard other insect pests, and
the damage they inhiet, which reaches
New-York tribune., 1922-12-10

turity detc is a fraction over two
years, which is gradually lengthen-
lur and may be ~ TO years by
1925.
We have devoted attention 20 this
su,Ject because the activity Of sales
men selling the contracts is progrus-
slyely bringing the proposition 70 the
attention Of investors We have re-
eeived many inquiries about per cent
loan societies from resderA To those
who arc willing to esehew the specu.
latiye possibilities inherent in the
mathematical chance Of getting an
early loan II every factor Is favorable
We recommend shares Of the we'll man.
aged building and loan associations
which operate under the laws Of the
states OF New York and New Jersey.
They not only oTer a good medium for
partial payment investment. hut also
help enormously in providing homes
for individuals Of relatively small
means.
New-York tribune., 1922-12-10
Swedish Bank Floats
Big Issue Successful

Special Fors.gA PiAaaeial co5FssSslt's
Swedish fnancierS are comnn''l
with great satisfaction on the fad p'|
the 100000 kroner to be rsii's y
the Svenska Handelsbanken ioT 70 =
construction after writing od ~
900 kroner were almost immetnl
over-subscribed. A financial ~
points out that this brilliant q
stantancous success Is one Of tsit-
cheering indication, that sEsas,
had FOR a long tine that the pen-
petslmism ID over, and that ne p''~
now dares 10 count on the future 4.
The latest reports Of the ssses, ss..,
State Railroads show that ihe Hsnlss,, ~,
traflie this fall has amounted = ssg ,s,s
So per cent Of that rceordea p -, -, 4.
and that the number Of pestsn.s.s', Il. =
cnlv SLIGHTLY belcT tte prf-AsI s,si.
Duyirs tho Art nine Eonihs o. 80
vear IL ststs Railroads show ~. ".
ni,s ~ an 10 900 krouer, % agains' ~. ~
1921 dehelt Of 6,eoo'ogo Hohs. i hs,ss
fact that roller oeaF,n 49,. ~
adopted by the Swedish sailFosas ...'',. ,.s. r..
inslds ~ few ystrs mean a .eiy yer ..'.. -
siderable saving, according % % lns l s',,.,. W.
ion of oxperts. involving iaftns,t -. "a d,
ment In tho hnsneial reslll 1--WE
oreration OF the state sailtvso,. 80 Al,
As regards the export oi so9' W. ~
,h. tssli.. swedish nnanesi PE.
writes, "fhe American nl.l.,' nl.l..,',i.s
fuiIy realized the greA. sAls'.,,,, ..,,,
that the Scandinavian ee'se'o,. az
Rad IN the sane. and 4 = ~ 'sl r'''.sl
that our export this year % .s' y, 1ae
states viii amount 70 aeo., 90
tors Of both bleaehed and .,t 4
sulphltc.r OF unbleaehed ''..'..rsi.
which America ls a ere.t, !. s,t,sa
there Is very little 70 be haa I" vi ~
and Norway for this yesh ,.I',,,,f.
same applies 20 the sulfh,s.'s. ~ y, h n
which Americans are new eui''. 4. ~
open market st a prlep d r,,t iii
per 100 pounds ex doek' VS., u',s "a ~
sales Of mechanical wood g.ii ssil
United States are compafah'e'
New-York tribune., 1922-12-10
No Neu Financing

His re9ly was that the company had
plqnaed "no substantial new financing
Tor sorc time" lie pointed out that
me last statement showed Sl6,0OO,OOO
in cash and S4l,500000 In special de-
posits. which were chiefly the results
of the sale Of bond issues and we're
available for capital expenditures.
Asked whether the Pennsylvania
eouid soH stock at this time, Ar'
County replied in the negative. Under
the Pennsylyani law the stock must
be offered at par The STOCK, the par
value Of which is $50, has fuetuated
this wear between 33h and 4ysi. Last
week il hovered around 4G's.
Concerning the outlook for new rail-
road building and expansion Mr.
County added: RAILROAD executives
have a clear view OF what the COM
panies need and an equally clear view
that the necessary capital and earnings
are not available.
"The Pennsylvania has good ex-
mansion program IN mind, when Us
contingent upon the maintenance o.
sound credit, which in turn depends
upou adequate earnings. We ought 70
expend for capital purposes S5OOOO'OOO
10 ST5 600 900 "A year, as We did up 70
The end OF 1917" He added that the
Pennsylvania was keeping pace with
the growth Of the country in expan-
sion Of equipment and was keeping
up IT, maintenance adequately
When ducried concerning the nilc-
o,+ions Of banker control of the rail-
roads Mr. County said that the Penn
sylvanla never had been dominated By
one group and that its directors were
Tor the grenter part citizens and resi-
dents OF the state and all themselves
shareholdcrs.
"The banker contributes an essen
ial service 20 the railroads, just ne
the man who produces traffic does
explained SIR. County. 1--WE add 20
our own experience the advice Of
bankers"
"Does the Pennsylvania ultimately
plan 10 form q large corporation which
would absorb the subsidiary linesT
was the rext Interrogation.
New-York tribune., 1922-12-10
Along the Highways Of Finance

ers. Engineers, fremen, conductors,
siopmen and the whole array Of rail.
way workers are engaged in sxReting
tasks, where the risks are frequently
large No scheme OF railroad eco
romies should be adopted either at the
suggestion Of the farm bloc. On the
one hand, or at the hint Of reaetionary
executives. on the ether. which would
Involve sweating railroad workers. The
determination Of . fair wage is always
highly technical problem. and. in
view Of the revolutionary fluctuations
in the purchasing power Of money, it
is extraordinarily difhcult At preseat.
II will be we'll, therefore, 10 retain IN
some form a governmental agency that
can step in where management and
men fail voluntarily TO agree.
Public hearings and investigations,
which arc often futile from the stand
point Of achievement, often justify
their existence through the. literature
created. The money trust investisa-
tion In Congress in 1919 and the
Hughes investigation Of the Stock TX.
change in 1909 produced valuable by.
products in the form Of vast mass Of
useful information concerning financial
habits and behavior. A hearing. diff
ferent In degree, from the foregoing
was recently held by the Interstate
Cormcree Commission on the guedlon
as 20 whether II would be desirable fov
the roads 20 sell securities through
open bids instead Of TO an iRyeytmsnt
banker through private negotiation.
Kuhn, Loeb q Co., one Of the two larE-
est underwriters Of railroad bonds in
the United States, made statement
before the commission. and has just
published Il In pamphlet form. The
document. which urges the retention Of
the present system, is 40 extremely
able explanation Of the economic serv-
ice rendered By the hnaneIal under.
writes.
New-York tribune., 1922-12-10

President Harding called the attsn-
tion Of Congress 10 an obvious defect
in the transportation act Of 1920. II,
is an anomaly 10 elolhe The Interstate
Commerce Commission with the power
70 regulate the income OF railroads
through the fixing Of freight and pas.
senger rates and TO give the Railway
Labor Board, an Independent body, the
right q determine the largest item Of
the roads expenses-vsgss. Co-ordi-
nation IL necessary. and the Presidents
suggestion that the body be ineorpo.
rated a. a department Of the Interstate
commeree Commission seems logical.
In authorizing such q change. Con-
gresa ought 70 make II clear that The
rights Of labor are 10 be IN no way
impaired By the administrative adjust
msnt No set Of rates ssoule be fixed
By the IhterEtsts commsTes commit-
sion which are lnsufheisnt 10 allow ads.
quAts remunerAtion 10 railroad work
New-York tribune., 1922-12-10
CorporGie Organization

The foregoing is something 70 bear
in mind in considering what ~ just
and fair treatment as between per-
sons who choose 10 carry on business
under the corporate form and those
VINO carry on perhaps the same kinds
OF business as individual proprietors
or In partnerships. From The stand
point OF public policy. there IS no
good reason WIZ the government shouid
discriminate against the corporate
form Of proprietorship lt "a the
greatest agency iu existence Tor the
widespread distubution of the owner
ship Of large undertaking. u ia the
most practicable means available for
promoting cooperative industry on q
large scale.
ne Joint stock corporation has
opened The WY for general part.cipa-
tion IN industry on o large scale.
Even in the case Of small enter
prizes there are advantage ON The
side OF corporate organization.
Thousands Of such organizations op-
crate laundries. croemeriea, gain cle-
vstorf. retail stores, small factoricg
and other concerns Dol which X is de-
sired 20 have many persons interested
in the business.
We repeat that there is 10 good rca-
son why tho persons desiring % con-
duet any business, whether large or
small. under the corporate form Of
ownership should be placed hy poli-
cics OF the government under any bur
den or disadvantage as compared with
y lConunued on page eleven