davidaulloa/AmericanStories huggingface dataset:
, 1922-05-18

"a u Teapot One.
Senate: The Departments Of the Interior and Navy and President
the inquiry substantiates their position in stating that the con-
tract is a good one from the standpoint of the federal government.
the state, and independent producers.
Perhaps you have noticed that the subsidiary companies of the
Wyoming oil octopus were the ones who first met and inaugurated
a monopoly" NN' p'f
Investigation indicates: on the contrary. that the Teapot
Dome lease will have the effect of breaking the stranglehold that
is already held upon the oil industry in Wyoming:
ana private operators have been able to market only about forty
man cent of OF 4 the srrI production aont;m This condition has practically ruined
compelled to sell out to the one big concern.
Teapot Dome lease, at an expenditure of some s2s.ooooo and
which is to be made a common carrier, all operators will be able to
the oil OUTPUT of the Salt t Creek field. 'OS '"0'e' o00ON"e
With this competition established it is expected that the mar
cents per barrel: This will mean largely increased revenues for
Another great benefit is forseen in the enhancement of values
OF OIL n stocks IS and securities held by thousands of investors. large
made good, insofar as the development of producing oil wells is
limit placed upon production and the low price bald for same by
the existing monopoly that now controls the oil market in this
Government biologists assert that the oil in the Teapot Dome,
in M" the Salt t 9ayal r field, an n5 t H5aaa eneytn De1ng t drained eat by the tn wells Is
tfe s 81 e ee eG iessa %H3 s reset RYE: tie Te a t Dome develpment under
of course reduce the ultimate profits of the big Salt Creek
monopoly.
will greatly benefit all small operators and the state at large than
tse Gst sRiitim@ mo of a monopoly p % ~. 1t isl is in fact: Disturbing an al
from present available knowledge. Vase
ment officials who negotiated the Teapot Dome lease and the facts
involved, one must question the motives of those who are trying
fully and knowingly serving as tools of the Wyoming OF oil m nnev wt,
S IN IS Spon the 5e p ol Gusin 5es s Of the state from On s are king its tst strange
Sclentlously with only superficial knowledge of the facts, and en-
deavoring to profit politically thereby?
nome deal will prove to be NOT a scandalous procedure, but. on
tration has ever done for the material benefit of Wyoming omi e'"'''
The question to be feared is, will the influence and power of
sufficient to cause the annulment of the Teapot Dome lease?
, 1922-05-18
SUCCESSFUL TAG DAY
HELPS READING ROOM

~~
Saturday last was Tag Day" for
the benefit of the Public Reading
Room fund and, through the efforts
of a large crew of winsome girls,
who were stationed at all points of
vantage about town, over $3.50 was
raised for this worthy ause. The
work was under the general super
vision Of a reading room committee,
composed OF members of the Lioness
Club, the Delphian Society and the
P. E. o. Sisterhood.
This committee selected eight cap
tains. and each OF these chose her
own l~ieutenants and assigned the
station at which they should work.
The results secured are extremely
satisfactory to all concerned, and will
assist materially in accomplishing
the establishment OF the proposed
reading room.
Following is a list OF the Captains
and their workers..
Mrs. Bill Welch (captain), Mrs. DR..
Jeffrey. Julia Harrington, Astrand
Peterson.
Mrs. Pearl Miller Captain. Alice
Johnson Ethel Andrews, Miss Tracy,
Edna Anderson. Ethel Frew.
Miss Winifred Hanna (captain),
Georina Rendle, Jessie Schmidt. Alma
Sanders, Leila Corson, Mae Mcneil.
Pansy Allen. Crystel Jensen.
Mrs. Carl Aman (Capt.), Edna An
derson. Ethel Frew. Satherine Elk
dahl. Frances Corson. Gladys Tobias,
Mrs. Frank Cunning (captain).
Marian Draper. Margaret Blyden-
berg. Georgina Rendle, Jessie
Schmidt.
Ellen Bell Captain, Miss Budd,
Miss schwertz. Mrs. Conyers.
Mrs. Gertrude Merrell (captain).
Florence Pilon. Mrs. Robert jung
quist.
Mrs. George Stephenson captain,
Miss Esther Byrnes, Mrs. Bowman,
Mrs. Bowen, Miss Golden, Miss Jones,
TWO rooms in the Osborne building
have been secured for the library and
reading room. They are the two at
the head of the stairs of the east en-
trance. The books will be cata
logued during the coming week and
the date set for the opening will be
announced later.
The committee has asked the diff
ferent lodges and clubs to subscribe
a small amount e capita monthly,
to Keep up the running expenses.
Subscriptions from individuals
will be gratefully received by any of
the following committee members:
Mrs. A. J. Rssier, Mrs. Geo. Bible,
Mrs. w. w. Daley. Mrs. Anthony
Stratton. Mrs. ]. c. Martinez. Mrs.
Carl Aman. Mrs. H. Fl. Nelson, Mrs.
Mahoney, Miss Crystal Thode.
, 1922-05-18
AUXILIARY AND LEGION MEET

AUXILIARY AND LEGION MEET
The regular meeting of the We
mems Auxiliary of the Americas
Legion will be held tonight (Thurs-
day).r at the North Star Hall.
at 8 O'Clock p. m.
Those who are selling tickets for
the Col9red Wedding will be asked
to report. the service records Of
Messrs. McGraw, Bell and Swirtz will
be read and the usual routine bust.
ness will be transacted.
Following the business meeting .
social meeting with the members of
the Legion wall be held, lunch will
be served and q short program rem
dered.
Members are urged to attend.
, 1922-05-18
o A HILL CLIMBER

! On Sunday last q Ford sedan, 1922
model. equipped with q Moore trans
mission, owned and driven by H. E.
Dunlap, was driven to the top OF
Monument Hill, west of town.
/, This is the mill to try your car on
II you are convinced that it is a hill
climber.
Mr.. Dunlap and'Mr. Eugene Schalk
can testify that this Ford went on
its W power and had no other spe-
cial equipment.
, 1922-05-18

Arthur Dennison is spending; sew
eral days in the city this week from
the range. visiting his mother and
with friends in the city.
, 1922-05-18

Leave order for cut flowers and
Jasmine buds for Memorial Day now.
N. l.. France. 5.18.2t
, 1922-05-18
ST. CHI-R,

Next Sunday Masses at 1880 and
10 o'clock.
Sunday school at 2 O'Clock. May
devOtions at 7:15.
Week-Day Masses at 1880.
Non-Catholics are always well
come.
The Washington times., 1922-04-30
Weekly Financial Reuiew
BY HENRY CLEWs.
Of Henry Clews b Co. New York Bankers.

lcok In seen in the increasing i'm
minence Of the bonus legislation
and of new taxes. both of which
arc now sufficiently threatening to
be seriously regarded. Within the
past week the effort to form a
combination which should bring
about simultaeous and cooperative
action on the bonus. and the tariff
has recahed a stage which seems
likely to insure adoption OF these
two bills either separately or ANAL
gamated into a single measure.
Other prospects of no little i'm.
portance are also in sight. The
Senate has passed the bill author
izing Edge banking corporations to
become members OF the Federal
reserve banks, while the President
has authorised participation by q
private banker in the Reparations
Commission conferences shortly to
take place. The significance OF the
tariff measure as a financial factor
In eecoming daily more apparent
without regard to it's bonus aspects.
but simply on the strength OF its
own bearing upon the business sit
uation. Failure to announce any
reduction in discount rates at re-
serve banks has disappointed some,
but II on the whole generally ap-
proved by the financial community
because Of the evident abundance
Of money throughout the country
and the reasonable rates at which
1t can be obtained.
Strike Conditions Stiil Ignored.
The stock market still ignores the
prevalence Of strikes throughout the
coal and New England textile re.
gions, notwithsta nding that the con-
tinued existence Of these disturbances
inevitably tends to retard the growth
Of business. Thus far steel and other
plants which are large consumers OF
coal have succeeded in getting an
adequate supply for present needs,
while reports made to Government
officers suggest the possibility OF q
termination OF the controversy at a
comparatively early date, notwith
standing the pessimistic stories that
are sent out by the contesting parties
to the strike. While some retarda.
ton Of prosperity has undoubtedly
resulted from the strike situation,
official figures appear to indicate
that there Is a net gain in the number
of persons employed, even after de-
Quoting the men who are voluntarily
idle. As for the New England textile
strikes. there are a good many indi
cations pointing to the belief that
they will probably be overcome with
out any considerable concessions on
the part of the operators of the mills
In which case a distinctly lower cos,
Of production in the cotton industry
will have been established.
The Washington times., 1922-04-30

The truth In that cooperation
seems to be standing the business
strain better than ever before. 1t
suffers. That means II Is human.
But. In general. II survives. That
means II Is business-like.
The successes of cooperative en-
terprise do not get much space in
the daily newspapers. But I'm other
publications they do. Scarcely a
copy of the Farm Bureau Federation
Weekly comes to hand without news
Of some business achievement OF the
co-operators. Forty-five thousand
wool growers saved million last
year by cooperative marketing OF
their product: cooperative apple
growers in New York have increased
their receipts by almost dollar a
barrel; cooperative raisin growers In
California now get 4s cents on every
dollars worth sold, as against a
former average of 81 cents. These
are a few Of the items published
within the weeke.
Profits in Hard Times.
But the strength OF cooperation
in it's own field 10 shown not so
much by the way 1t makes profits
In hard times as by the way il takes
losses and still goes ahead.
The Co-operative Wholesale So
ciety of England In standard in the
co operative business. because II not
only buys and sens other people e
goods but because II actually pro-
duces q vast quantity of the things
I. deals in. II has a huge and varied
business. 1t therefore is exposed TO
all the risks and difficulties of a
business depression. Now the so
ciety has met with difficulties and
handled these risks as shown by the
April reports for the past year.
The society's trading sales fell off
in the year from 100000, 900 20
S400, ,000, 900. For this reason and
others about $7,000.000 haa to be
taken out of the society's reserve
fund. Yet, after this stiff levy, the
society's reserve still amounted to
So, 900, 900. At the low level Of hard
times in Enginad. how many ordi
nary business concerns could make
a better showing-how many as
good2
The troubles Of the English CO.
operative were the common trou-
bles Of all business. The society has
some sixty-five mills and factories.
They produced for the year $50 COO.
900 worth Of goods. That meant a
The Washington times., 1922-04-30

NEW YORK. April 2s.-Announce-
ment of an international conference
on banking in which the United
States Is to be represented has our
ing the past week opened the way to
a possibility Of some settlement OF
outstanding exchange conditions.
This in itself Is encouraging. The
trouble with the situation 10 seen In
the fact that the proposed confer
ence cannot be expected to accom-
plish much in the way Of results un-
less some important groundwork Is
laid by the Genoa conference.
Growth Of Domestic Industry.
Disregarding the international
situation, however, domestic busi.
ness has steadily advanced In ac.
tivity. The report OF the United
States Steel Corporation shows that
In spite Of disbursements, there
has been a decided gain in earnings
as compared with previous condi-
tions, while the improvement during
recent weeks has made up for a
rather lean condition earlier In the
year. The steel industry is now
booked farther ahead than at any
time since the low point OF the busi-
ness depression. Building operations
also show a very marked Increase
all over the country, and the same
is true OF other enterprises calling
for the use Of steel and basic mate
rials. including copper. The latter
metal is being produced on much
larger scale, and the effect has been
correspondingly good on the volume
of employment in those regions
where "shutdowns" at the mines
have greatly diminished the purchas.
ing power OF the communities by
which they are surrounded.
Hopeful Outlook In Farm Regions.
There is more and more evidence
of the advent of a hopeful outlook in
the farming regions. This Is partly
the result Of a steady movement Of
products to market, but II Is more
largely the anticipation OF an easier
state Of things in the autumn. A
really good crop year, both as TO
yield and prices, would, In the opin-
ion Of a good many expert observers.
clear up the depressing conditions
and put the farmer back into a rea-
sonable state Of independence. AS II
stands, he enters the crop year con-
siderably in debt to his banker and
is still largely on the books of store
keepers and supply men. 1t Is a fact.
however, that the banks In the agri'
cultural regions have now moro
funds than for a good while past. a
condition of things which is being
illustrated by their appearance In the
market as lenders upon q fairly large
scale. Agriculturally, the month OF
April. now closing, has been very
hopeful. Some retardation Of growth
has appeared in the cotton and wheat
regions as a result Of the cold and
wet weather, but. on the whole, the
acreage planted Is reported good and
the crop outlook fully up to average.
Bonus and Taxation.
In this favorable condition OF in.
dustrial and agricultural prospects
the dangerous element In the out
The Washington times., 1922-04-30

decline of nearly s25.00o, 900. The
society has twelve farms in England.
in addition to it's twenty e8taies IN
foreign lands. These were not ,ex.
empt from the hardships Of farms
and farmers elsewhere: instead Of
profit they made loss of $50. 900.
Incidentally, as an evidence % big
business even under difficultlcs. " -
worth mentioning that the society
turned out comparatively 500 900
pairs of shoes. some 10000 COO cigs
rettes, 10000 tons of soap ans about
1900. 900 sacks of flour and 2 500 900
sacks of feed.
A concern that can handla 3 300.
900 shareholders and hund eds of
millions OF product. during inG con
fusion and distress of great INDUS,
trial panic. has certainly proved that
co-operation--cp-ope in produo-
ton, cooperation In distribute, co,
operation in finance-can st I'D tlte
test of hard times. But there 10 one
condition: :.
The cooperative enterprise must
be organized and conducted IN &C.
cordance with the principles Of other
sound business; must depend rot on
mere zeal or fanaticism but on bust.
ness sagacity, foresight and prudence
for it's success. In short cu.opers-
ton must be businesslike II l, wants
to stay in business.
The publica ton Of the Farm Bu-
reau Federation shows that the
American farmers are takir this
practical view OF cooperate, that
they regard it as a help and no, a
cure-all, and that they Join CO -cpAra-
tive enterprises to improve their
profits rather than to establirh zen-
eral principles.
That is without doubt the vsy 10
make cooperation successful The
cooperative wholesale society proves
that point.
The Washington times., 1922-04-30
Bonus and Taxation.

In this favorable condition OF in
dustrial and agricultural prospects
the dangerous element in the out
The Washington times., 1922-04-30

Capitalists are not the only men,
apparently, who keep their eyes open
to spot ''comers." I happened TO
mention to Herbert Hoover the
name of a youngish banker in New
York whom he had never met. and
Mr.. Hoover astonished me by reply.
ing that he had been greatly i'm
pressed by this bankers talents. Yet.
as already said, Hoover had never
met or had any relations whatsoever
with this man. Perhaps one reason
why Hoover has been able to accom-.
plish so many prodigious jobs 10 that
he has kept his eyes wide open. and
has known exactly where to reach
out for the right man to handle each
important task under his direction.
| had visit this week from one
Of the most successful men in Amer.
lea, a very large employer. He was
IN search OF two men for important
respon sibilities. He told me that
practically all ne does ts to look
around for men who are doing un-
usually fine work 'and then hire
them. As he believes In paying
ana can afford to pay-generous
salaries. he usually can get any man
tCopyTisht. 1914. ~ b. C. Fors..,
The Washington times., 1922-04-30

: Inc STOCK market mas SHOWN tne
first tendencies to react from the
high prices attained under the heavy
accumulation of the past few weeks,
and, on the whole, the volume OF
business this week has been some
what less than the week previous.
The reaction In prices has taken
place chiefly in the speculative Is.
sues, which have been completely un'
der the dominance Of professional
cliques and pools. and whose market
movements. therefore, do not reflect
an accurate estimate Of the Influence
of general trading activity upon
prices. The low points Of the week
were made In the Wednesday and
Thursday sessions, but the recovery
which was inaugurated Friday had
the effect of returning prices to their
former high levels. and. in the case
Of the independent steel stocks and
D few, of the industrials, of raising
them to the highest points reached
thus far this year.
I Market Irregular.
A chart of this weeks market
would closely resemble a cres.
cent, with the extremities on Mon.
DAY, and the concave section rep
resented by Thursday. When the
hish-priced speculative stocks. like
6tudebaker, Baldwin, Mexican Pc
troleam and Pullman were set back
from Q to 6 points for the week.
the railroad shares like New Ha-
ven and New York Central, all the
Independent steel stocks, Republic,
Midvale. Lackawanna and Bethle.
hem were rated higher on Friday
night than on Monday morning.
The Standard Oil Stocks showed up
to good advantage, and United
8tates Steel. which started the
week At 99h. finished up at 97%
The edge was taken off the specu.
lation in steel by the publication
Of the first quarterly report, while
the action of the Bethlehem Steel
directors, in declaring an unearned
dividend on all classes of the stock
was considered one of the most
favorable factors of the week.
Rail Stocks Come Back.
Perhaps the most interesting phase
Sf the stock market this week vas
the action OF the railway stocks
They were hit as hard as any section
Of the market in the reaction which
featured the middle OF the week, but
were the first to snap back into
position when the buying demand
again made It's appearance. Con,
nictinE rumors have been circulated
In tho financial district concerning
tho possible action of the Interstate
Commerce Commission In reducing
the freight rates of the carrier
oystems. Most OF these rumors run
to the point of absurdity when II is
considered that the purpose Of the
commission Is not to bankrupt the
roads. but to place them on a self
sustaining basis, improve their credit
position 20 that they can borrow at
fair market rates and award them
sufficient income TO enable them
to substitute worn out machinery
and rolling stock and to expand suf.
ficiently to take care OF the neces.
sities of growing territories.
The March reports that are nov
being published indicates total net
income far in excess Of the S30,500,.
900 for March last year and almost
sufficient to meet the requirements
of the transportation act. Based
upon the thirty or more that have
been submitted thus far. estimates
The Washington times., 1922-04-30
FarmersSave Money! By
Cooperative Selling
Wool, Apple and Raisin Growers Save Mil
lions by Cooperative Marketing
of Products
By GEORGE w. HINMAN.

CHICAGO April 29.-"Co-operation can't stand hard
times This statement comes from retail coal dealer
in Iowa and he gives list of cooperative failures
prove it. There only bankruptcies his list
One cooperative concern cracked in Michigan, another
in Illinois, another in California and At the sand
time there have been 5000 1000 commercial failures
that have had nothing to do with cooperation He does
not mention them.
The Washington times., 1922-04-30

Whether we take the record Of tn.
business cycle specialists who chart
the future by the records Of the
past, the sunshine artists" who nre
always painting n bright picture, no
matter how gloomy the outlook, or
the keen, impartial expert observer.
OF actual conditions. the improve.
ment in general business conditiors
Is at last a reality. In some lines
the gain is slight, In others more
pronounced. The outlook has I'm
proved. and the credit position Of
the country Is strong and secure,
The Washington times., 1922-04-30
Stock Market Receivers
From Mid-Week Slump
Low Points. of Wednesday and Thursday
Regained Despite Tendency to React
B From High Prices of Past
~' Few Weeks.
BY w. s. COUSINS.

NEW YORK, April 29.-With but few exceptions the
Developments in the world of finance and business during
the past week of favorable nature, with record
of actual accomplishments which contributed in small
degree to the recovery Of business toward which the
whole country is directing its effort.
The Coconino sun., 1922-11-10
WANTS STAFF OFFICER

Colonel Walter s. Ingalls,, adjutant general, has been asked by the head quarters of the eighth army corps to furnish them the names and detail of one or more field officers in the state who will be eligible for duty on the general staff of the regular army in Washington. The information must be furnished not later than November 25. The officer to be selected must hold a commission in the national guard and the reserve officers corps, in addition to a number of other qual- ifications of education and army ser vice. The commission will mean a station of year or more in Washing ton. Texas, according to informa- tion had by Col. Ingalls,, has had an officer on duty with the staff for 27 months and Colorado has had one for g months. Col. Ingalls, is now cast ing about for such an officer who will fill the bill and can get away for a year or more.
The Coconino sun., 1922-11-10
WAR VETERANS WANT
 LAND BIDS REJECTED

Based on the recommendation of the ex-Service men, Rudolph Kuchler, state land commissioner, has been in- structed by the Arizona land settle ment commission to immediately re- advertise for offers of land suitable for soldier settlement, bids to be re- ceived by the commission before 10 a. m., December 5, at which time they will be opened. This action is in ac- cordance with the resolution adopted by the commission November 1.
 Rejecting all offers that have been under consideration up to this time and calling for new bids, the resolu- tion is based on the report of the com mittee appointed to investigate and make recommendations as to which of the Is parcels of land under consider ation would be best suited. The re- port says: Having in mind only that which would ultimately be of the greatest possible benefit to the eX- service men and women of Arizona, and inasmuch as these lands are to be made the homes of these worthy men and women we believe that it would rebound to their benefit to reject all offers and call for new bids"
 This report was signed by Robert Lee Beveridge, state commander of the Disabled Veterans of the World War, and representing the Veterans of Foreign Wars, by Ralph P. Lane, representing the American Legion, and Rudolph Kuchler, representing the Ar izona land settlement commission.
 Several parcels" reads the report, "were found not up to the require ments of land asked for. They were not agricultural at all in some in- stances, and in other instances would necessitate the expenditure of large sum of money to get the same under cultivation. In other instances lands offered have no available water. A number of parcels were of excellent quality of soil, good location and prices reasonable. Yet some of these were considered unfit for immediate agricultural use due to excessive growth of Johnson grass, and in other cases the water table is but few feet below the surface. Had it been more generally understood that the land to be purchased would be cash consid- ,eration the prices submitted would have been in some instances consid. erably lower"