davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-12-27
To Offer Stock
OF New Armour
Corporation
Sale of 6O,OOO,OOO Shares
Pref'd and $4,000, 900
Bonds Projected; May Be
Delayed Until After Jan. l
Will Cut Interest Charges
Financing Will Prepare Way
for Morris Merger, but
Has No Direct Relation

Public Offering Of 6O,Ooo.ooo shares
Of preferred stock Of q new subsidiary
Of Armour & Co.. application for the
formation Of which was reported as
being prepared at Wilmington, Del,
Yesterday, and Of n new issue OF
$50 600 900 fret mortgage per cent
lonr-term bonds Of the same company
Il projected within the next fortnight,
N was learned authoritatively yester-
dav. Efforts are being made 70 shape
the stock issue for distribution this
week. but the outlook last night was that
its sale might be deferred until after
January /.
The financing will be undertaken 20
prepare the way for acquisition OF
Morris & Co., but bears no direct re-
lation 20 that deal. Bankers familiar
With the negotiations said yesterday
thot what was contemplated was tanta-
mount 10 complete revamping OF the
nresent Armour Company's financial
structure. Tie $50. 100000 Z per cent
notes maturing In 1881 are TO be
ealled FOR redemption IN the near
future. The company's bank loans,
which from the nature Of its business
are necessarily high. are 20 be paid on.
It's cash position, already strong y 70
be strengthened.
There is no present intention 20 dis
turb the S5O,600,000 real estate first
mortgage al per cent bonds Of the
Illinois ecrporntion. due IN 1889. These
are callablo at i02h and interest on
any Interest date upon twelve weeks
notice, but their coupon rate is so low
that their refunding would not be
profitable, il was pointed out yester-
day Further, whereas the per cent
notes arc quoted az approximately
their call price. the AIS have recently
been selling at below 30. The Al7s
were sold in 1909, and since then the
company Is stated 20 have developed
sufficient assets not covered by the
indenture Of that issue 20 enable the
creation Of a first mortgage by the
new Delaware concern.
Independent OF Merger Plans
Bankers emphasized that the hnan-
cial operations contemplated were en-
tircly independent OF the merger plan.
They would be undertaken in any
event 90 reduce the interest charges
OF Armour & Co. and generally 20 re-
wise It's financial structure. II Is be-
lieved that they would facilitate ac-
complishment Of the merger without
additional financing when the time for
the consolidation Is thought ripe.
The interests handling the negotia-
tions are the Chase Securities Cor
poration, the Continental and Com
mercial Trus. and Savings Bank o.
Chicago. and Halsey. Stuart & Co.
Inc. The issues will be widely syndi-
Gated for public distribution.
WILMINGTON. Del, Dec. 26.-The
Corporation Trust Company Of Amer
ica, it was learned here to-day, is pre-
pairing an application for charter for
the new Armour Meat Packing Cor
poration. Some details OF phraseology
are yet 70 be decided upon, and until
the application is Gled at the state
Capitol at Dover no information will
be given out.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-11-18
.s.--------------
COTTON CONFERENCE
CALLED TO MEET AT
NATIONAL CAPITAL

Washington, November IA cot
ton conference which will discuss all
phases Of the cotton situation and
make an effort to unity the various
being made by the
different states and federal govern
ment toward assisting cotton grow
ers in meeting the problems arising
out of the boil weevil menace. Will
be held here in connection with the
m ceilings OF the land grant college
con Insulation which begins Monday :.
The boil weevl problem will be one
third solved in the opinion Of govern
ment officials, IL agreement could be
uniform varieties and time of plant
ing and the recommendation fol-
lowed by growers The methods now
recommended for controlling boil
weeviis under different conditions
will be discussedsby the conference,
but no attempt will be made to dis
pose of the various problems finally
at the Washington conference. Its
work is intended TO pave the way for
another meeting in which all inter-
ests involved will be represented.
DR.. II. A. Morgan. president of the
University OF Tennessee, who orig
mated the idea of the Washington
believed that unity in the
methods recommended by state and
federal governments for combating
the pest is a most important step in
the boil weevil fight. DR.. Morgan
has made three trips through the
south for the government studying
boil weevil conditions.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-11-18

Famous sculptor who was the
feature OF the United Daughters OF
the Confederacy convention Friday
when he made an appeal that the
stone Mountain memorial at Atlanta,
which is to be carved out OF the
solid rock and which is to consist OF
an army of figures of Confederate
heroes. receive the earnest considera-
tion OF the women present Said he ::
surely the women who first sug-
gested this monument should not
lose major part In further inita-
ting it,"
Miss Mildred Lewis Rutherford, fol-
lowing his address. was permitted by
the president general to invite the
convention, as individual members. to
contribute to this great work which
is meant to- set down Confederate
history in solid stone.
The president general declared
hat the work was one which ought
| to appeal to every southerner. and
said she earnestly desired to see the
gigantic s7,0oo,oo0 proposition sue
coed
i marvel that the south has not
done it years ago. she stated.
The convention rose az body to
thank Mr. Borglum for coming here
from New York and making the
speech ana explanation of his work.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-11-18
COAL CONFERENCE
ADJ0URNS. WITHOUT
SOLVING PROBL EMS

Chicago November. 1s.-The Joint
conference Of bituminous coal opera
tors and, miners. representatives
meeting here in an effort to arrive
al some basis. for conducting wage
negotiations next January, tonight
voted 20. adjourn until December 6.
The conference ended without an
agreement beihg reached
I John i. Lewis, president of the
United Mint Workers of America, and
Il H.. Penna Of Terre Haute. an
the conference, issued the following
Joint sfateiie' when the meeting adj
journed:
syrhe joint commission of operators
and miners hss devoted itself. dill
gently to the matters for which the
convention was conveyed. Some sub
stantial progress has been made and
there are grounds for believing that
at later date definite program
can be agreed. upon by. representa-
tives Of the operators and miners. In
order to. give. additional .considera-
ton TO the matters in hand the COM
,mittee has. UNA MIN ously, agreed to
take a recess until Wednesday, De-
cember,e. when. We will. convene again
: in this city"
The conference considered half a
dozen suggestions for basis for
wage negotiations to be started in
january These included national,
agreements, district agreements. me-
Rotations on the old central cnm-
petitive field basis. and negotiations
sen the national competitive field plan.
with the addition Of western KEN
lucky. central Pennsylvania and
West Virginia.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-11-18
LEGISLATION
MAY DOVER UNTIL
new HOUSES COME IN

Washington. November 17-Douot
was expressed by Chairman Cummins
OF the Senate interstate commerce
committee after a stwo-hour confer
ence with President Harding tonight.
whether legislation amending the
transportation act could be enacted
by Congress at the coming winter
session.
Senator Cummins. whose Commute ,
will have charge OF all bills designed
to amend the present railroad law,
went over the situation with respect
to such legislation with the Presl-
dent He said later he had gained
the impression that the President
was DESTROYS OF some changes In the
law to meet needs shown to exist by
the recent railroad strike.
The crowded condition of the Sem
ate and House legislative calendars,
Senator Cummins said, in his opinion,
would practically preclude any legis-
iation before March 4, when the
Sixty-seventh Congress will end. He
said that undoubtedly efforts would
be made to bring up various amend
ments TO the transportation act. but
added he could no see how the House
would have time to dispose Of them
in view OF prior legislation such a.
the merchant marine bill. the Dyer
anti-lynchins bill and the various APP
preparations measures.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-11-18
=
ALLIES THREATEN
DRASTIC ACTION
AGAINST GERMANY

Paris. November 1.-THE allied
powers through the council am
bassadors have informed Germany
that all questions concerning the
withdrawal of the military control
commission In Germany have been
suspended until the German govern
ment gives the fullest satisfaction
for what are termed fragrant viola
lions OF the military clauses OF the
treaty OF Versailles. committed dur
ing the past six months. and shows
Willingness to abide by the com
missions Instructions
The note OF the allies was sent
after the receipt OF German COM
municatlon which was termed in
solent TO a degree" In this com
munication Germany is said to have
disregarded totally the long series of
notes OF complaint sent by the allies
and TO have declared she was glad
to learn the allies were about TO
end their military control and per-
nit Germany to revert back to
normal.
The note also ignored formal allied
representation to the Berlin govern
ment OF September 20. consequent on
the large number OF acts OF agrees
sion against the allied military in
their work OF inspection.
The allied note of. today demands
an apology and reparations for re-
cent incidents at .Passau aud. Stet-
tin. In requesting an Immediate
reply. the allies say. their patience
is about exhausted
The council of Ambassadors also
is making another demand for the
Germans naval enlistment list, which
has been repeadly refused them the
last six months.
The allies have decided to warn
Germany that she VIII not be per-
mitted to manufacture new war in
ventions in. which she. al present Is
said 10 he actively engaged. The
allies, however. cannot prevent ex
periments in such inventions.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-11-18
MISSIONARIES ARE
HELD IN CAPTIVITY
BY HONAN OUTLAWS
Entire Towns Sacked and
Burned as inhabitants Are
Forced to Flee-0ut-
laws Well Armed

Peking, November 17-George
Olaf Holm, an American member of
the Lutheran mission, has been kid
mapped by bandits in Honan pro-
vince. The powerful bandit army is
growing holder. 1t apparently domi-
mates the province of Honan. A dozen
towns have been sacked and burned
and the inhabitants forced to flee.
Upwards of 300 Americans in the
danger zone are greatly alarmed, ac-
cording to the American consul at
Hankow.
Mr. Holm is the third American
missionary to be carried off by the
Honap bandits. who also are holding
Anton Lundeen and Einar Borg
Breen together with the latter's five
ear-old son. Holm was born In Nor
way but is naturalized American
citizen.
So far as is known here. all the
kidnapped missionaries are rafe and
unframed and permitted to communi
cate with their families.
Reports from Honan Indicate that
the outlaws apparently are in full
control. and a dozen towns In ashes In
the wake of their march.
Foreigners Advised 20 Flee
Foreigners in the unprotected COM
munities have been advised to flee to
Hankow and scores of missionaries
already have arrived there. Hun
dreds, however, still are scattered
Throughout the district. including APP
|proximately 900 Americans.
The head OF the Lutheran missile on
at Kwang Chow reports that bandits
armed with machine guns are iooting
the cities and are robbing the mis-
sions. They are threatening to carry
off all foreigners.
The Chinese foreign office, reply
ing to the joint note from the Amer
lean, British, French, Italian and
Swedish ministers demanding action.
announced today that il had appealed
TO General WI Pei-Fu. the military
power of north China. to attempt to
lconciliate the bandits. II Is feared
that IL force is used against them II
would jeopardize their eaptives,
Government May Accede
The Chinese government reaizes
that the kidnapped missionaries must
be released and as a last resort to
Insure their return, 1t may accede to
the bandits' demand that they be re-
enlisted in the army at regular pay,
according TO a statement made today
by General Wellington Koo. foreign
minister.
The foreign minister explained that
the bandits are seizing foreigners in
an effort to force the government to
incorporate them In the Chinese
army,
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-11-18
sui 7 AN FLEES ON
BRITISH We SSEL
IN FACE OF DANGER
Ruler Declares He Is Not Alb
dicating, But Feared At
tack Would Be Made
on Life

Constantinople, November 17.--Mo-
BANNED VI. the Turkish Sultan, has
fled from constantinople on British
warship bound for Malta.
Upon embarking the Sultan empha-
sized that he was not abdicating. bu.
merely removing himself from i'm
mediate danger.
The Sultan wrote to Lieutenant
General Harrington. the British COM
mander-in- chief, on Wednesday eve
ming. stating he considered his life
to be in danger and would like Brit
ish protection.
The Sultan did not propose to leave
the palace before Friday and ar
rangements were made accordingly
This morning a car with General
Harington's aide drew up at the side
entrance to the Sultan's palace.
Shortly afterward, while the guard
was being changed, the Sultan, with
his son, Prince Erlogrul Effendi, and
six members OF the palace staff.
slipped quietly into the car and drove
10 the British naval base. where Gem
eral Harrington and Neville Hender-
son. acting British high commission
err, received him.
The Sultan Immediately embarked
on the Admirars barge without in
eident He was rowed out to the
British dreadnaught Malaga. where
he was received by Admiral Brock,
Comm ssioner Henderson gave the
Sultan a welcome in the name of
King George upon the Turkish mon
archs setting his foot on British ter
ritory.
Not AbdfcatinE
The Sultan replied that he felt safe
under the protection of Great Britain,
adding that he was not Indicating.
but was merely removing himself
from danger.
The Malaga steamed off imme-
diately for Malta, where instructions
Will be received as to the eventual
destination of the Sultan.
1t is too early as vet to get any
tangible idea as to what effect the
Sultan's flight will have on the To-
cal situation. The kemalists. 1t is
generally thought. will endeavor to
make il appear that the Sultan fled
under British pressure. 1t IL declared
in British eiowever, that
there is not the Slightest founda-,
ton for such an allegation.
Apparently the Sultan did not wish
to face the ordeal of the Selamik or
official attendance OF the Sultan at
a Mosque, which occurs on Friday,
the Mohammedan Sabbath, at noon.
The Selamik last Friday was a some
what pathetic spectacle, which the
Sultan carried through with courage
and dignity, but 1t is thought he
feared an attempt would be made
upon his life on the next occasion.
Up to l o'clock this afternoon, Of
ficials at the palace adopted the
course of denying that the sovereign
had left. When they were asked why
the usual Friday Seiamik was not
held, they answered that the Sultan
was suffering from a bad cold.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-11-18
Fascist RECEIVE
SEAL OF LEGALITY

Rome November 17.-The Italian
Chamber of Deputies late tonight by
a strong vote OF confidence given the
new government Of Benito M1ssolini.
the Fascist leader, placed lie seal
of legality on movement which
three weeks ago was considered by
the then ruling authorities as rebel
lion and revolution. The vote was
sos to 1I6.
with the same methods he employed
in leading the Fascist legions into
Rome. AS the deputies scattered
after the lengthy session there were
many Of them, even those who had
voted for the premier. who asked one
another, "Will he prove to be a Sylla.
Cromwell or a Napoleon?'
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-11-18
WOMAN SENATOR TO.
ATTEND OPENING OF.
CONGRESS ON MONDAY.

Atlanta, November 17-Walter f.
George. senator elect, to succeed the
late United States Senator Thomas
E. Watson, probably will receive his
commission and credentials Satur-
day in time to catch an afternoon
II ain for Washington. according to
developments today. Governor Hard
wick telegraphed his executive seere-
tary, Miss Myrtle White, that he
would return to Atlanta. from his
vacation trip to New York in time
to attend a meeting at noon to-
morrow OF the canvassing board.
Miss White delivered the message
to Secretary OF State McLendon and
Comptroller Wright, who with the
governor. form the canvassing board,
and a meeting was arranged after
which 1t was explained the new sena.
tors commission would be issued.
In the meantime. Mrs. FELTON, and
Mr.. George conferred here during
the morning, concerning the wishes
of women throughout the country,
that Mrs. Feltonsbe allowed to oc-
cupy for a day or two the seat to
which Governor Hardwick gave her
ar ad interim appointment. after the
death OF Senator Watson. Mr.. George
assured Mrs. FELTON,, 1t was stated
after the conference, that he was
willing to do anything that he le-
gally could to aid her in being the
first woman to sit in the upper house
of Congress.
Both Mrs. FELTON, and Mr.. George
will be on hand when the extra ses-
sion OF Congress convenes Monday. l..
was stated. but the senator-elect said
ba would remain in the background
and give the grand old woman Of
Georgia." as Mrs. FELTON, is known
among her friends. chance to pre-
sent the commission given her when
she received her appointment. He
would not object to the Senate seat
ing her for few hours, Mr.. George
sat
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-11-18
MEXICAN CITIZENS
ASK FOR PROTECTION

Austin, Tex, November ia re-
quest that steps be taken immediate
IN to protect Mexicans at Hidalgo
and weslaco. Tex, was received
from Secretary of State Hughes by
Governor Neff today. TIE request was
the second received on alleged mis-
treatment Ct Mexicans, the first re-
garding recent disturbances at Brock
enridge. Steps already have been
taken to investigate the lynching of
a Mexican at Weslaco November
ii, it was officially stated.
The secretary's message reports
the protest filed with Washington
officials Wednesday against the
Iynching of the Mexicans at Weslaco
and also the alleged threats made
against the Mexican consul at Ht-
dalgo. 1t also states that Mexican
officials report no effort was made
by local authorities TO prevent the
lynching when requested to do so by
the Mexican consul and that the
consul at Hidalgo as well as Mexican
citizens in that territory were
threstensd as q result Of the Wesiaco
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-11-18

nouncement win be made in tomor :
rows issue OF the Baltimore Catholic
Review Of the appointment OF Arch
bishop Peter Fumasoni- Biondi as
apostolic delegate TO the United
States. Archbishop Fumason Blond
Will succeed Archbishop Bonzano, for
10 years apostolic delegate to the
United States. Archbishop Benzano
will sail from New York tomorrow
on his way to Rome TO receive the
red hat of cardinal. The official an
nouncement Of appointment Of Arch
bishop Fumasoni- Biondi will be made
in few days, it is said.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-11-18
JUDGE ABERCROMBIE
DIES AT TUSKEGEE

Tuskegee, Ala. November H.
Judge Milo -. Abercrombie. for "a
years probate judge of Macon coun-
ty. died at noon today at his home
here. Judge Abercrombie had been
elected for the fifth time 20 the pro-
bate judgeship in the elections OF
this month. He had been ill several
months
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-11-18
10000 to See Football Classic of South at Rickluooo
DAUGHTERS CREATE.
SCHOL ARSH|PS
$4,000 is SPENT.
BorgIum, Sculptor, Tells OF
Stone Mountain Proposition
in All Details


A telegram was received from
Woodrow Wilson by the Daugh
tiers OF the Confederacy. Assem-
bled in convention Friday after
noon via Miss Allie Garner. Ala
bama woman, who is the cores
pc nding secretary general.
The telegram was in response
to gree Sings sent by the Daugh-
ters While they were telegraph
callv greeting absent officers.
Mr.. Wilson's reply.
Miss Allie Garner Correspond
ing Secretary General; Please
accept my thanks for your gra-
cious message.
WOODROW WILSON
Three outstanding things were
decided Friday by the convention of
the United Daughters of the Con-
federacy
The first was the creating and
naming e scholarships and the re-
port concerning educational work
which represents an outlay of $4,000.
The second was n magnificent ad-
dress and appeal made by Gutzon
Borglun the famous sculptor, that
the women of the confederacy "who
first suggested the now famous pro-
posed memorial TO be carved from
solid rock at Stone mountain. At
lanta, should not lose big part in
further initiating it." lis speech, fol-
lowed by that of Miss Mildred
Rutherford. Atlanta brought per-
mission that the convention women,
as individuals. might b. solicited foe
fundsl although the convention was
unable to contribute as a body, at
this time to the memorial
The third thing WaS thai an ef-
fort is being made to have the state
constitution and bylaws OF the u.
u. c, divisions uniform and conform :
ing to the constitution and bylaws
OF the general organization. 1t was
pointed out that the proposed move
would leave those things to the
states which are simply state mat
ters. and would only make those ma
tional that touch the national organi-
zation.
New Constitution
The report which incorporated this
recommendation was adopted by tn.
convention, which means that COM
mittee will he appointed to draft a
uniform constitution and bylaws for
the states and chat 1t will be taken
up and the Uniform constitutions
either adopted or rejected at next
years conclave.
The educational matters attracting
the enthusiastic attention OF the as
semblage were that scholarship OF
$500 be created TO be known as the
May Roy Mckinney scholarship as a
testimonial OF the organizations love
and appreciation of the past presi :
dent general--Mrs. Roy Mckinney.
The Eassar scholarship, which has
been maintained for number OF
years. was officially given the name
OF the Mary -. Poppenheim scholar
ship in appreciation OF the educational
work done by Miss Poppenheim, who
was the first chairman OF education.
The naming OF the Vassar scholar
ship for Miss Poppenheim was par
ticularly fitting. since she Is grad
uate OF tina. institution.
The Washington and Lee scholar
ship was increased by $40 a year.
1t lacked this much ( being COM
plete $500 year proposition.
sculptor Talks
with great expectancy the Daugh-
tiers had looked forward to the com
ing of the great sculptor, Mr.. Borg
lurr, who explained in detail the
tcontinued ON Page sixteen