davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-03-07
LEADING BANKERS
OF STATES PROTEST
Continued from First Page.

hands of ex-service men would be, in d
majority of cases, presented to their
local banks as security for new loans.
AT this particular time. especially in
smaller cities and towns where the
agricultural and producing interests
have not recovered and where banks
by reason of these conditions have been
unable to retire their own obligations,
there arises new necessity for
financing the producers for the coming
year These conditions warranted the
renewal of the functioning of the War
Finance Corporation. In our opinion
these producing sections need as much
available credit as they can command
and all the credit privileges their banks
can secure for them. This situation
would manifestly be injured by further
application for loans from sources other
than producers. There is an evidence
of slow but fundamental recovery
throughout the country. Are not sol
diers, producers and business men. in
fact all American citizens. equally in
terested in this TO the extent that no
obstacle shall arise to hinder it2
Fort Worth, Tex, March 6.
The New York herald., 1922-03-07
POLICEMAN ATTACKED
BY 4 MEN, SHOOTS ONE
Probationary PatroInnan Was
First Fired Upon.

Joseph Goldberg. 20, of s. Hester
street, was shot and seriously wounded
last night by Probationary Patrolman
Louis Asher of 159 East Houston street.
attached to the Clinton street station.
Goldberg was taken TO Volunteer Hos
pital, where he is held a prisoner
charged with felonious assault.
Asher said he was talking to a young
woman in front of jefferson Hall al
Columbia and Stanton streets whcr
Goldberg and three others attacked him.
The policeman, who leaves tho training
school for active duty Tomorrow, was
in plain clothes. lie said he kent the
men back With his blackjack FOR some
time, but fired two shots after Cold
berg had shot at him. The policeman's
bullets struck Goldberg in the back.
The New York herald., 1922-03-07
Ice Feeds the World

During 1919 there were sent to
France for the U. S. Army 373,-
100000 pounds of fresh, frozen
beef. In addition to the meat
for our soldiers, the bulk of the
beef used by the allies was sent
from here. That the meat ar
rived fresh and wholesome was
due entirely to refrigeration.
That cities and towns through
out the country have fresh beef
regularly and that New York
eats peaches in January is due
to the big refrigerator cars and
ships.
That you can keep meat. vegetables,
fruits al,cays fresh and wholesome rs
due TO good refrigerator, regularly
filled ,cith ace. Knickerbocker is the pure
ice made from 4-times filtered water.
The New York herald., 1922-03-07
WILL DROP STATE BONUS
TO GET AID FOR DISABLED;
$1,OOO,OOO BILL OFFERED
Special Dispatch to THE NEW xorK un.AlD.

y
New YokH Bureau.
bany. March 6.l
Z wi lighting
indicated willingness drop all their
the Legislature provide
thirty
a introduced tonight Assemblyman
f. OF the soldier legislators.
commission composed of the Adjutant General
yCenera 10
the Gov Miller Members the
commission without and there TO be deputy
Assembly District.
a affidavit
ocalp disabled world an
American Legion Foreign War his
respective community
provides disabled
the eligible
month if married
the BILL
bill will
and married. individual
$3.50 estimated that about
would be benefited
The New York herald., 1922-03-07
fight ON IN SENATE
over 4 POWER PACT
President Asked What Eff
feet 1t Will Have on The
Ishii Agreement.
BORAH Is in DOUBT
Assurances From Under
wood and Lodge Fail to
Convince Senator.
NEW SPEAKS FOR TREATY
Protects Rights in Pacific and
Provides for Friendly Ad-
justments, He Says.
Special Dispatch to THE NEW YORK HERALD.

Special Dispatch to THE New YORK HERALD.
New York Herald Bureau,
Washington, ID. c., March O.
The fight to secure ratification OF
the four Power treaty entered into by
the United States, Japan, Great Brit
ain and France to insure peace in the
Pacific opened in the Senate to-day
with formal argument in favor of
ratification by Senator New (Ind.),
listed as an Administration Senator
and an opponent of all reservations.
Opponents, acting through Senator
Borah (Idaho), countered by intro
ducing a resolution requesting the
President to furnish information
showing just what effect, if any. the
four Power treaty has upon the Lam
sing-Ishii agreement.
The Borah resolution was adopted
Senator Lodge explaining he had no
objection to it, and the request will
so to the President.
Its introduction drew forth the state
ment from Senator Underwood (Ala.),
conference. that the general effect was
to nullify the Lansing-Ishil agreement.
Seek Basis for Attack.
Senator Borah differed from this
view. The purpose of the resolution is
to furnish the basis of an attack upon
the four Power treaty which, according
TO its opponents, leaves the interpreta-
tion of the Lansing-Ishi agreement in
doubt
The resolution reads:
Resolued. That the President be
and he is hereby requested IL not
incompatible with the public interest.
to advise the Senate as to the present
status and binding effect of what is
known as the Lansing -Ishii agree
ment between the United States and
the empire of Japan.
Secondly. as TO whether or noc the
four Power pact, now before the
Senate for consideration. if ratified,
will abrogate. nullify or in any way
modify such agreement. and as to
what will be the status OF said
agreement after the ratification of
said four Power pact.
Commenting on the Borah resolution
Senator Underwood said any one who
will read the treaties is bound to arrive
at the conclusion that the Lansing -Ishii
agreement or understanding has no
further binding effect, adding. "The very
terms of that understanding are wiped
out by these treaties
There is a wide difference OF opinion
about that" Senator Borah replied. T
have never been able to ascertain that 1t
was ever discussed at all. II it has
been, / presume these discussions will
throw some light upon the meaning of
the treaty. At any rate il will do no
harm to discover II it was discussed and
what effect ratification of the four
Fower treaty vii! have upon It,"
The New York herald., 1922-03-07
SMOOT AND BURTON
DECLARED INELIGIBLE
Cannot SerUe on Debt Fund
ing Board, Is Report.
New York Herald Bnreau.
Washington. d. O. Murcl, ~

Special Dispatch to TuE Nrw YoRK Hrrun
New York Herald Bureau.
Washington, ID. G., March d
subcommittee Of the Senate Judi
ciary Committee brought In an unfayor-
able report to-day on the eligibility Of
Senator Smoot (Utah) and Representa-
tive Burton IN CO for places on the
Allied Debt Funding Commission, Gre
atcd by n recent act Of Congress.
Senator Brandegec Comm, a Repub-
lican, Joined with Senator's Oycrman
tN. Co. and Walsh (Mont.), Democrats
In declaring that the appointment OF the
two members of Congress on the com
mission would be IN direct conflict with
the constitutional inhibition against
members Of either house or Congress
holding any other office of trust or
profit under the Government during tho
term FOR which they were elected
Senator'S Cuninns IaD and Sterling
fS. ID subnitted 2 minority report
favoring the appointments.
The New York herald., 1922-03-07
Vicious Class Legislation.

w. a. CLARK, president Montana
State Bankers Association: The Mon
tana Bankers Association has given no
expressin officially on the bonus propa-
ganda. Personally ] am absolutely OPP
posed to IL as vicious class legislation.
Dependent relatives OF those killed and
all wounded should be provided for in
the most generous manner. Beyond this
i. Is simply lootins an already depleted
Treasury.
NEW York March g.
The New York herald., 1922-03-07
No Action Taken in Utah.

JOSEPH r. FARRAR. president Utah
State Bankers Association: The Utah
association has not taken any action on
bonus bill.
Provo, Utah, March s.
The New York herald., 1922-03-07
Certificate Plan an Outrage.

G.. W. PEDpYcoRD, president WASH
ington Bankers Association: l don't
think majority OF soldiers or others
are in favor OF n bonus. The sentiment
of thinking people is opposed to bonus
OF any kind at this time Service certif-
cate plan would be an outrage against
industries.
CoIvrLrF Wash, March 6.
The New York herald., 1922-03-07
Opposed to Cash Bonus.

III. NJ. REMMEL, president Arkansas
State Bankers Association: We are op-
posed to cash bonus, but favor going the
limit in aid Of the wounded and afflicted
ex-service men. IL bonus Is to be passed
we favor certificate plan proposed.
LITTLE Rock, Ark, March 6.
The New York herald., 1922-03-07
Objects to Bonus at This Time.

T. j. ATWOOD. president Kansas
State Bankers Association: I do not
favor soldier bonus at this time. 1
doubt wisdom Of the service certificate
plan.
= CoNcoRDrA Kan March G.
The New York herald., 1922-03-07
Postal Receipts Show
Revival of Business

w TAsHINGToN, March 6.-A
M/ reflection of the business
" revival throughout the
country was seen by the Post Of
flee Department to-day in reports
from fifty of the largest post offices
showing receipts of s2o,33soOo for
February. an increase of Gal per
cent. over the same month last
year.
Parcel post centers, such as Chi
caeo. showed decided increases.
The New York herald., 1922-03-07
Opposed to Any Such Legislation.

E. NJ. EHRHARpT, president Idaho
State Bankers Association: l am op-
posed TO bonus legislation in any form
at this time except for disabled soldiers.
LEWISTON, Idaho, March g.
The New York herald., 1922-03-07
Would Not Lend on Certificates.

TIE VALLEY BANK of Arizona We
heartily favcr the resolution passed unani-
rnously by tho American Bankers Asso-
citation at the Los Angeles convention
last October in connection with the SOL
ders' bonus bill. Our bank would not
wish 10 consif;er additional loans at this
time in connection with service certifi-
Gates.
The New York herald., 1922-03-07
Bloc Leaders FearfaI.

Leaders in the bloc declined TO COM
ment publicly on the project until
they have seen the. bill, which Mr.
Fordney said would be introduced
later in the day. But the representa-
tives of the agricultural interests pri-
vately expressed the opinion that the
certificate loan plan decided on would
prove to be a grave danger" il il
worked out the way Mr.. Glass pre-
dicted.
Bloc leaders declared that itgis al
ready extremely difficult for farmers
TO obtain loans because of the shortage
OF available funds in the local banks.
They asserted that if the unloading OF
bonus certificates would have the
effect of reducing the resources Of
banks available for loans the agricui-
tural bloc members would be against il.
While many of them favor bonus
legislation, their attitude toward the
certificate loan plan is the same as i
was regarding the sales tax suggestion
made by President Harding in his let
Ter to Mr. Fordney. Spokesman for
The bloc to-day declared that while
they would like to vote for bonus
legislation thei- enthusiasm for il
would not permit them 10 ruin the
farming business of the country" "a
few of the agricultural members were
outspoken in their disapproval of the
scheme. One OF them, Representative
Mclaughlin, Republican (Neb), said
Il am very much afraid of any
bonus bill and particularly the new
one which provides insurance collat-
eral to the ex-service men. Such n
measure would tie up the funds of the
banks in small communities where the
farmers already find it difficult to OBJ
tain loans because of the shortage OF
money. The scheme would, in my
opinion, cause vast amount OF DAM
age. 1 think that when the agricul-
tural interests fully realize this danger
they will oppose the insurance GER
tincate plan with all their power
The New York herald., 1922-03-07
Want Bonus, Not Taxes.

j.. S. WoLFINGER, president Okla
homa Bankers Association: Local opin-
ion is so per cent. for bonus certificates
plan. All opposed TO increase of present
taxation. ..-.-.
uoRAnr Ola 8. March
The New York herald., 1922-03-07
CONSERVATION Among Tramers.

Although the Republican members
pf the Ways and Means Committee
who played a lone hand. as IL were, as
far as the Democratic members are
concerned, would not admit Il, the tre-
mendous downpour Of protests from
bankers throughout the country Gre
ated CONSERVATION among the trainers
of the insurance certificate project.
While Treasury officials did not vol
iinteer any opinions regarding the
scheme. the Republican Ways and
Means Committeeman admitted great
concern as TO the view which the
financial department of the Govern
Inent would take Of their new project
The bill, which was to have been in
troduced to-day, was subjected to sew
cral coats of acid to meet the mani
fold objections raised against il. The
Republican committeeman met in the
morning, leaving their Democratic
conferecs entirely in the dark as TO
what was progressing.
Following a brief meeting which, 1t
is understood was devoted to reading
The measure, Mr.. Fordney went 20 the
White House Ito introduce a friend"
nc said. He spent only a few minutes
with the President, and on leaving said
the bonus bill had not been discussed
Mr.. Fordney then made an attempt 10
introduce the bonus measure in the
House with unanimous consent. An
objection prevented him from doing
SO. The Republican committeeman
then went at II again and continued
TO null over the measure until a call
for quorum compelled them to aban-
don the anything but agreeable task.
Before Mr.. Fordncy could make an
other effort TO present the bill the
House adjourned for tho day. Some
members Of the committee said that
AIR. Fordney and few of his asso-
clates would 20 10 the White House
later in the day TO point out 70 the
President the merits of their latest
bonus venture and urge him to ac-
cer. Il.
The Presidents engagements pre-
vented the conference which Mr.. Ford
ney and tho other Republican commit
teemen desired during the afternoon,
SO tho committee again returned to
consideration of the bill TO figure out
how it could be made shock proof
while most Of them expressed conf
kdcnce in its acceptance by the mem
The New York herald., 1922-03-07
A Word of Advice.

From an ex-service man IN Chicago !:
Being a member OF many fraternal
and military organizations and an ex-
service man / am qualified to say that
II the Government would pay more at
tention to its disabled men the rest OF
the calamity howlcrs would not have a
foot to stand on
From an American Legion man in
Alabama: Reading in the Stars and
Stripes. / saw your name In the list
of those opposed to the soldiers bonus
bill. Why all the opposition? We
service men know our friends and any
Senator that votes against the bonus bin
can kiss his job good bye. This means
you, too"
From an American Legion post in
Pennsylvania "At q meeting of the
ex-servicc men OF this community / was
instructed to send you the following
we are unaiterably opposed TO the bonus
bin because: Cd Every penny avail
able in the Treasury OF the United States
should be used for the wounded and
sick, who were rendered helpless while
serving their country. CD A bonus bill
can only increase the cost Of living,
either through general taxation or di-
version Of funds needed in other direc-
tions. C3) We do not want any PEN
sion system. The idea is economically
wrong and should be smothered in its
incipiency. and tD, we do not believe
any ono should be rewarded for merely
doing his duty. We do not want a tip.
nor do we believe any self-rcspectifA
cx-service man wants one"
From an cx-service man in Indiana
"As n member OF the American Expc-
ditionary Forces who spent twenty
months oversee, eighteen Of which ac-
lively engaged In the line Of battle, |
wish TO express my absolute dlsapproval
Of the soldiers bonus bill. Personally !
think the American Legion has gone far
out OF it's way 10 make itself political
organization and feel that this Is Il dis-
graceful representation Of good. red
bloodcd Americans who did not enter
the war with any thought OF personal
gein."
The New York herald., 1922-03-07
FOUND ANyTHrNGg

~ so. SOC n Il 81 advertised In the Lost and
Found columns OK to-days New York Herald,
The New York herald., 1922-03-07
rssdney working on scheme.

Mr.. Fordney and his Republican as
sociates spent most of the day in try
ing to perfect the new bonus scheme
so as to overcome objections presented
against it by executive, Congressional
and banking critics. Members OF the
two houses were not permitted to en-
tertain any doubt regarding the opin-
ion of bankers in various parts of the
country, in villages as well as in large
cities. e,s &r
The outstanding impression created
by the avalanche of protests coming
from bankers generally reflected COM
plete disapproval Of any scheme to in
volve the Federal Reserve system in
politics or to permit it's use in other
than the most legitimate manner.
While bankers who wired to their
Senators and Representatives reserved
their final judgment regarding the
project until the bill has been COM
pleted, the mere suggestion contained
in the description of ii furnished by
Mr.. Fordney, Mr.. Longworth and Mr.
Hawley that the orderly processes Of
the Federal Reserve system We're to
be disarranged met with immediate
and positive resistance.
Without going into the merits of
the measure urged by the Republican
members OF the Ways and Means Com
mittee banking sentiment showed con-
clusively that the fundamental objec-
lion to it rested in the plan to compel
the 10000 banks of the country to alb
sorb at least $1,000 100000 OF bonus
certificates during the next three
wears. Such a plan, whether manda-
tory or voluntary. would, according to
the views expressed by bankers, con-
firm the prediction made by Senator
Glass that it would "choke up the ave-
nues OF industrial credit and strange
legitimate business from one end OF
the nation to the other"
The New York herald., 1922-03-07
Condemned In Princeton.

Fromsan ex-service man in Princeton,
y. j.. Princeton ex-service men are 337
to 80 against the theory and methods OF
the proposed soldiers bonus and 239 to
los in condenning as unworthy the mo-
tive of Cortressmen furthering its en-
actment."
From resident OF New Jersey: 'The
NEW York HERALD, in an editorial to-
day. wants to know how you stand on
the bonus bill As the Senator from
one of the noblest States in the Union
won't you come out against it as repre-
sentblg your people and your State. and
not bow down 10 the clamoring hordes
in the American Legion?"
From the father OF three ex-service
men In Florida "As an 100 per cent
American, the father of three service
men, one of whom was wounded serl-
ously in the late war; | wish TO vigor-
ously protest against the soldiers bonus
now or at any time. because it is un-
American in principle"
From small merchant in West Vir-
ginia: Like many good citizens Of
your constituency. / fail to take suffi-
Client interest in the affairs Of the nation,
but believe me, IL that soldiers bonus
bill goes througl1@you and your party
will get black eye in this section Of
the State"
The New York herald., 1922-03-07
ANTI-BONUS WAVE
SWEEPING COUNTRY
Loan Certificate Plan De-
velOps Opposition From
War Veterans.
FARM STATES OBJECT
20 Per Cent. of Letters
Reaching Congress OPP
pose Gratuity Scheme.
SUMMARY OF PROTESTS
Three Ex-Service Men in Geor-
eia Declare Against Tip
Of Any Kind.
SUMMARY OF PROTESTS
Special Dispatch to THE New YORK IIERALD
New York Herald Bureau.
Washington, ID. c., March q.


New York Herald Bureau.
Washington, ID. c.. March q.
The telegraph wires and mails fur
nish rather convincing proof that the
insurance loan certificate plan which
the House Ways and Means Commit
tee decided to adopt to finance the
bonus is, il anything, less popular
than any OF its dangerous preleces-
sors.
Instead of satisfying men and women
citizens throughout the country who
are opposed to the bonus raid on gen
eral principle the new scheme has in
spired an avalanche of protests from
people of every condition.
The outstanding feature Of the
popular revulsion against the bonus
scheme Is that the "pawnbroker b:ll,"
rs the latest Ways and Means project
is called, has developed opposition
from eX-service men themselves
Any Bonus Scheme Opposed.
It is estimated in Congressional circles
that each Senator and Representative
receives on an average of 100 letters and
kilograms a day regarding the bonus.
More than 10 per cent. of these reflect
opposition to the scheme regardless Of
the manner in which it is proposed to
finance IL.
Another significant phase OF the wide-
spread opposition to any bonus Is the
greater number of protests coming from
agricultural States. and particularly
those In the South.
Many OF the protests received during
the last day or two enclose editorial.
and news articles from THE New YoRK
HERALD analyzing and describing the
effect Of the bonus raid on the national
finances and business of the country.
Some of the writer's who inclose these
clippings unhesitatnely credit THE New
YoRK HERALD with having inspired the
tremendous wave OF opposition to the
bonus.
From woman voter in New Yorl,
ETY.: Il incioee two clippings. from THE
NEW York HERALD which 1 think ex-
press the sentiment OF voters generally
IN this State. I wish. TO enter my strong
protest against a bonus bill or any kind
at this time
From |. resident of New Jersey: "At a
meeting Of the board Of governors o.
North Plainfield Civic Association, held
recently. the subject of soldiers bonus
was broughl up. IL developed that the
eleven men present were unanimously
opposed to soldiers bonus at this time''
The New York herald., 1922-03-07

MESA, Ariz.. March 6.
The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1922-06-09
No Words Wasted

Postal Telegraph.
A man in New York whose wife
was recuperating at a more or less
well-known resort, was shocked to
receive the following telegram:
"Come to Atlantic City on first
train; 1 am dying"
Jumping into a taxi, he rushed to
the station, caught the first train,
and, standing on the steps ready to
grab the quickest conveyance to the
hotel as the train pulled in, almost
tainted as he saw his wife on tht
platform.
why did you say you were
dying?" he asked as soon as he re-
covered from the shock.
"Oh," she replied, Il was dying
The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1922-06-09
COTTON MAY BRING
HIGHER PRICES
Small Volume on Hand and Pos.
sible Short Crop to Advance
Quotations

Washington, June 8.-A state
ment rendered Senator E. D. Smith
of South Carolina by W. M.
Steuart, director, the bureau of the
census, department of commerce
today inspired that senator to con-
clude that cotton the coming fall
would be an exceedingly valuable
commodity. According to Steuart
there were on hand April 80, $685.
O21 bales. AS an average Of H.
100000 bales are consumed and
exported each month, the bales re-
naming August 1 the beginning OF
the new cotton year, will be about
100000. According to Senator
Smith, rs per cent of this amount
will be non-commercial.
According to the estimate of
Steuart the. new crop will number
7,977,778 bales.
"The cotton on hand" said Sena-
tor Smith, "will he, therefore, less
than 100000 bales. The average
consumption is between 100000
and 100000 bales.
GAS result of the law of supply
and demand, it is evident that
there will be a legitimate and
tangible shortage. Thus cotton, un-
less all signs fail, will be a most
valuable commodity. In this connec-
ton, it must be remembered that
the rainy weather to be followed
by the depreciation in July Of boil
weevil will in all probability further
initiate against production.
The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1922-06-09
AMERICAN COTTON
EXCHANGE GUILTY
Sentenced to $1,000 Fine For
Permitting The Members
To Bucket Orders

New York, June 8.-Supreme
Court Justice Marcus today SEN
fenced the American Cotton Ex-
change, convicted yesterday of per-
mitting it's members to bucket or
ders of customers, to pay fine of
$1,000 the maximum penalty.
Justice Marcus dismissed petit
ion of Colonel George W. Pratt, one
of six members and officials indicted
for bucketing, for an inspection of
the grand jury minutes and for an
order dismissing the complaint. He
reserved decision on a motion for a
certificate of reasonable doubt.
Later Justice Marcus denied the
application for a certificate of rea-
sonable doubt. He also denied a mo-
ton for a stay of the payment of
the fine, ruling that it must be paid
at once.