davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-06-14
FAILURE FOR $3.50
rs PUT UP TO BANTON
Says the Company Used Gus
toners Securities.

Examination of the books and ac-
counts of the defunct brokerage OF Ge-
rard & Co., Of IS Wall street have re-
vealed state Of affairs which has been
called TO the attention of District At
torney Banon, 1t was learned yesterday
The firm failed a short time ago. The
accountants have found probable liabil-
tiles Of s1975Ss, with assets of about
5000.
Bernard Rels, who also is accountant
for the receiver i'm the f. D. Dier &
Co. bankruptcy case has examined the
books and accounts of the Gerard firm.
They show that the brokerage house ap-
parently did more speculation for itself
than business for its customers and that
the speculative account shows a loss of
about 100000 for the last year.
AS a brokerage concern the house was
small, but it's speculative account shows
large dealings in some OF the leading
stocks, such as Baldwin Locomotive,
Mexican Petroleum and United Fruit
On some days the firms purchases or
gales of these securities ran into many
hundred shares.
On the other hand, the books show.
the customers OF Gerard & Co. ap-
pear to have dealt in only small lots in
tho majority of cases. the records dis
closing purchases of a few shares at a
time in many instances. The books also
show that comparatively only a small
percentage Of customers orders were
executed fully
1t would seem from the records, ac-
cording to the accountants. that IL was
not uncommon for Gerard & Co. to
use securities Of customers as collateral
for the house account. No blotter ap-
pears TO have been kept by the firm and
IL has been found impossible TO trace
certain securities. The trading ac-
count of the house was carried with a
New York Stock Exchnge firm.
whether this New York Stock Ex-
change house knew Of the practice and
financial condition of Gerard a. Co.
has not been brought out, As there has
been only one hearing in the bank
ruptcy proceedings. The books dis
close, however, that Gerard & Co.
through this house lost ss4.5Ss on a
transaction in United Frlit stock a
year ago last January
Allen ID. Emil is the receiver for the
firm and Nathan u. Coplan Is his at
torney. The hearing already held was
before 4. J. Townsend referee. before
whom fhe matter will come up again
soon.
The New York herald., 1922-06-14
FRENCH EXPERTS ONLY
AT HAGUE PARLEY
Minister Will Attend the Pre-
iin,inory Meeting

PARIS, June 13 ASSOCIATED Press) -
Charles Benoist, French Minister at The
Hague. will head the delegation which
France VIII send to The Hague. This
delegation. however. will only attend
the preliminary meeting on June Is. the
experts not being expected to arrive
until later, about June 25.
The Premier has nominated the fol-
lowing experts: NJ. Alphand of the For
eign office, who Is director of the office
of private property interests created un-
der the Versailles and other treaties :
Count Massigli, Secretary OF the Ambas-
sador's Council; NJ. Chasles. of the Min
istry of Finance Francois Poncet. direc-
tor of the Bureau of Economic Studies,
and Prof. A. G. De Lapradelle. of the
Law Faculty of the University of Paris.
legal expert.
The New York herald., 1922-06-14
CALLS BUCKET DEALERS
WORSE THAN GUNMEN
Pecora Says Business Stand
ards Are False

Addressing the New York County As
sociation of the Criminal Bar at the
Hotel Astor last night. Ferdinand Pc
cora. chief Assistant District Attorney
OF New York county, said:
"The gambler who matches his wits
against his companions I'm a card or
poker game Is often subjected 10 a
severe penalty when caught, while the
gamblers who misuse the funds OF
others through Wall street manipula-
tions usually get off with small fina.
youths who hold up peophs at the
point OF n gun and divest them OF thel'
belongings are much less dangerous to
the community than business men who
rob their fellow men through combina-
ards Of business morality are false"
aards OF business morality are false"
Eli Rosenberg, president OF the as
ISOLATION, presided.
The New York herald., 1922-06-14
LORD NORTHCLIFFE FINDS
PEACE, PROGRESS, THRIFT
IN THE RHINELAND REGIONS
Not Enough Police to Cope With Burglars Cologne
Delightful, No Profteeling and Shops Do Not
Overcharge-Many Trains, River
Full of Barges

than they ever were. 1t Is not true
that the Germans make only rubbish
There is a material here, stainless
steel, which / had never heard of be-
fore, though am told it is an English
invention. Stainless steel can bt
bought everywhere. 1t is used every
where. 1t looks more attractive or
the dinner table than ordinary steel.
In Cologne good German watche:
are on sale everywhere and very
cheap. l am not afraid to confess
that I bought good many things ir
Germany-things which l wanted tc
show the people at home. For four
shillings they sell as good safety
razor as any made in the United
States. l did not buy one because
did not want to infringe on the patents
of Americans.
Astonfshed nt New Germany.
Fatigued as / was for the first two
or three days going through the ter
ribly devastated regions, l was lost in
establishment at the new Germany
Everywhere / saw football being
played. Once l saw cricket and often
tennis. well played. Nowhere did
see drilling or ridiculous goosestep-
ping.
l happened to be present at Der
Tag" day. when Germans-and very
learned Germans, too-maintain that
Jellicoe ran away at the battle of Jut-
land and that Beatty was unable or
afraid to follow. They state that had
this taken place we should have won
the battle. All Germans now believe
they won the battle Of Jutland.
The prosperity Of the little towns,
the absence of soldiers, the good roads,
all of which are tarred and water
proofed, the good dresses of the wcm-
en--though their short skirts display
the ugliest legs in the world. made all
the uglier by silk tockings-struck
me.
At one small town they had a win
dow decorated in honor of the forth
coming Der Tag" In which good
many war trophies were shown, most
ly, I am sorry 70 say, English soldiers
hats, ribbons. medals and the rest.
There were no French or Belgian tro-
phies, but some American ones.
Among the medals was one they struck
about me and my newspapers, which
has since been issued in the German
national collection in the larger towns.
1 found 1t on sale very freely, and l
am sorry to say l am very cheap in
Germany-only marks. The Hin
denburg medal is 25 marks Won
Kluck's, 2 marks; the Jutland Admi-
raj, % marks; the former Kaiser, who
is very popular in parts of Germany,
so marks; the Crown Prince, a marks.
We travelled on until we came to a
very neat little inn. spotlessly clean.
The bill for all three of us was 1000
marks, and may l add that there was
better bath just installed than you'll
find in most of our horrible so-called
country hotels. Our meal was excel
lent-sauerkraut, roast pork, plenty of
potatoes and perfectly heavenly beer.
/ am told the British workman grum-
bles at the present quality of his beer.
The German workman doesn't need to.
The place is very busy. The Rhine
is full of barges and trains are run
ming night and day, crowded with pas
sengers and freight. Tramway cars
run like little trains of four.
Copyright 1922 United News
The New York herald., 1922-06-14
BRITISH MACHfNISTS
AGREE TO END LOCKOUT
Accept Employers Proposals
by 76, 6,478 to 80, ,423.

LONDON, Iune 13 (Associated Press)
by 76.47s votes against 39.423, the
Amalgamated Engineering Union has
voted for acceptance of the employers
proposals for the settlement OF the lock-
out in the engineering industry. This
acceptance needs only the ratification OF
the Employers Federation, which Is ex-
Dected speedily to end the fourteen
weeks lockout in the engineering trades,
which affected some three-quarters OF a
million workers.
Arrangements have been made for the
resumption of work Immediately. The
Boilermakers' Society and the Foundry
Workers Union are expected 10 Join the
agreement shortly.
The New York herald., 1922-06-14
Fight in Reichstag Expected.

BERLIN, June 13 ASSOCIATED Press).
Chancellor Wirth and the principal
members of his Cabinet are preparing
for the strenuous parliamentary fight
which Is certain to grow out of the
failure OF the loan negotiations. For
the present the official attitude appears
to stress the fact that acceptance OF the
Allies conditions does not represent a
yielding to the Reparations Commits
sions pressure.
The communique issued by the bank
ers' committee meets with the uniform
approval of the newspapers. The Ger
mania says: THE death verdict has
been pronounced on the allied repara-
tions policy by the body of experts ex-
pressly intrusted by the Reparations
Commission with the task of investi-
eating the subject"
The newspaper considers the bankers
verdict not only thorough but also off
cial
Every line of the bankers reports
reflects more genuine wisdom than Is
contained in the Oympian head OF Poin-
care or any other Chauvinist," Theodor
Wolff says In the JdOeblatt.
The New York herald., 1922-06-14
ALFRED BIGLAND NOT
IN BOTTOMLEY TRIAL
Cable Dispatch Should Haue
Read Ruben BigIand.'

In its issue of May 30 THE NEW
YORK HERALD mistakenly used the name
Of Alfred Bigland. M. p, In its account
Of the conclusion of the trial of Horatio
w. Bottomley. NJ. r.. in London. May
30. Alfred Bigland was In no way con-
nected with the Bottomley trial. The
use of his name was due to confusion
with that of Ruben Bigland. whom Bot
tomley attempted to prosecute for libel
THE NEW YORK HERALD regrets the
error and gladly prints this correction
TO assure Mr.. Alfred Bigland's American
friends that he had no connection with
the Bottomley trial.
The New York herald., 1922-06-14

A dispatch from Rome June II said
reports were in circulation there that
plans for closer relations between France
and the Holy See appeared to have en-
countered serious reverse, newspapers
mildly predicting the recall of Mgr.
Cerretti, Papal Nuncio In Paris, and
asserting that Charles G. A. Jonnart,
French Ambassador Extraordinary to
the Vatican, who at present is away
from Rome. might not return.
The New York herald., 1922-06-14
VATICAN HAS NO WORD
FROM FRENCH CABINET
Holy See FaUordbly Impressed
With Poincare's Speech.

ROME, June 13.-The Vatican authori-
ties are maintaining strict reserve re-
gardlng recent reports Of strained rela-
tons between France and the Holy See.
1t was said to-day that the Holy Sec
has not received any communication
from the French Government but that
It had been favorably impressed with
the declarations of NJ Poincare, the
French Premier, in which he affirmed
that the published reports of tension be-
tween France and the Vatican we're
erroneous.
The New York herald., 1922-06-14
TO STUDY JEWISH RELIEF.

The American Jewish Relief Commits
sion to study the relief OF the stricken
Jews Of Europe and the Near East, will
sail from New York June 20 on the
Cunard Line Berengaria, and will be
headed by DR.. Lee X. Frankel. third
vice-presdent of the Metropolitan Life
Insurance Company. Associated with
DR.. Fankel are David a. Brown, DR..
Milton J. Rosenau. Dafad NJ. Bresslcr
and Morris Wolf.
The New York herald., 1922-06-14
THREE HUNDRED DROWN
IN SALVADOR FLOOD
Houses Swept Away After
TorrentioI Rainfall.

SAN SALVADOR, Republic Of Salvador,
June 13 (Assoclated Press) More than
three hundred persons are known to
have been drowned and many persons
are missing following an abnormal rise
in the Acelhuate and Arenal rivers. in
undating the Candelaria district Of this
city. Houses were swept away by the
torrent.
The bodies OF three hundred men,
women and children already have been
found. The food followed a two day
torrential rainfall.
The New York herald., 1922-06-14
DENIES DELoRME's INSANITY.
Montreal Justice Nails Papers
statement ms Lie.

MoNTREAL. June t3.--Justice Monet in
the Court Of Kings Bench to-day char
actarized as a "veritable lie" an article
published yesterday by La ProsSc 10 the
effect that the alicnsts named to ex-
anime Adelard Delorme had decided the
former priest was insane and should not
be tried for the murder of his half
brother Raoul.
lie instructed the jury TO ignore the
article and conduct yourselves ,as
though you had never seen It."
The New York herald., 1922-06-14

travelling recently incognito in
Germany. Viscount Northcliffe
made this tour to "get the facts
as he puts it. Another article of
this series will be published at
an early date.
BY VIsCOUNT NORTHCLIFFE.
LONDON, June 13.-I learned great
deal more from Germans who sur
septitiously came to Belgium and Hol-
land to meet me because they were
afraid they might get into trouble II
seen in Germany than l learned from
the Rhinelanders themselves.
But there We're many things I did
find out which could only be discovered
by using ones eyes. All my German
former acquaintances were alarmed at
my going into Germany undisguised.
However, they all said: You're so
much timer than you were yhen you
came to Germany early in 1914 that
some of us did not recognize you and
thought you were somebody else
Some of these timorous German ac-
quaintances thought ought to wear
wig, or a mustache, or alter the color
of my hair especially in those towns
where the medal struck by the Ger
mans against me is being so largely
sold again.
Disguise Useless.
laughed loudly. "Supposing the
mustache falls off," / asked. "That
would attract attention to Leonard
Brown" the name under which l LETT
France and passed through Belgium
and Holland into Germany and out
again.
Again I replied 1.-THE Germans are
not a race of assassins. II l were
hated as much in certain Latin coun-
tries as l am in Germany l would
be rather anxious"
Meanwhile, we proceeded by a very
circuitous route toward Cologne.
cannot speak of Prussia, or of Bavaria,
but I can say this OF the Rhinelapd
that it is the embodiment OF peace.
There were very few policemen, not
enough to cope with burglaries. / was
told.
Even the Rhinelanders want the
Prussians back. The policemen are
too gentle and the word "verhoten'
has totally disappeared. But most
curious of all, you never hear the
tramp of armed men.
Every one who knows the old fort
ress city of Cologne-more than 1000
years old and the largest in Europe
will remember that nerve-racing sound
which finally made one nervous and
anxious to leave. 1t began at dawn
and often went on until midnight
when "staff rides" began-after ca
rousing that often lasted six hours.
Cologne Is now delightful. 1t is not
true that in the Rhineland there is
any profiteering. 1t is not true that
the Germans in shops In the Rhineland
are charging too dear for anything.
1t is true that the shops are better
The New York herald., 1922-06-14
FIVE HELD IN $4,000 THEFT.

HARTFORD, Conn, June fS--Three ar
rests were made here to-day in connec-
tion with the robbery OF DR.. Ely Morgan
who was held up In his office here on
the night OF February last Bonds and
cash totaling SIS. 900 In value were
token by two men. who attacked the
physician and escaped IN an automobile.
Five men are now held In the case.
The New York herald., 1922-06-14
First cheek of It's Kine.

Trading on the curb in securities be-
fore the date of issue has gone on from
time immemorial. Never before mas the
law been invoked to stop it, and so far
as could be recalled this is the first
suppressive effort of any kind in that
direction.
IF, when and as Issued securities
sometimes have appeared on the curb at
rNe first hint OF the formation OF new
corporation. The curb market is re-
garded as the seasoning market for new
securities. In order to win place on
the Stock EXCHANGE list security has
TO be widely distributed. and this has
been brought about through transac-
tions on the curb
There is no doubt that many securi-
ties have been bought and sold without
the public or the brokers having any
real knowledge of what is back of them.
In the when issued trading no money
is put up. The contract is left open
for closure when the actual certificates
appear
AS the buyers of North American Steel
when issued" paid nothing they lose
nothing by the revocation of all dealings
in North American Steel, it was said
by persons in the financial district. The
trading began on June 2 with the price
around so. AT the close of the market
yesterday il was AZ.
The New York herald., 1922-06-14

FOUND ANyTIIiNG2
IL so, see N II is advertls<I In the Lost and
Found columns OF to-day's New York Herald.
The New York herald., 1922-06-14

THE NEW YORK HERALD pub
fishes herewith the second of a
series of articles by Viscount
Northcliffe, setting forth his ex-
periences and observations while
travelling recently incognito in
Germany. Viscount Northcliffe
made this tour to 'get the facts
as he puts it. Another article of
this series will be published at
an early date.
The New York herald., 1922-06-14

ket or in one that is being operated by
a pool or syndicate. Sooner or later ths
exchange will have to surrender ana
give the public peep in. II might bet
ter do so now than to find itself in this
same kind of jam and be forced to
capitulate to the demands for publicity
and fair dealing
The New York herald., 1922-06-14
GERMANY TO MAKE
MONTHLY PAYMENTS
Will Deliver 35O,O00,0O0
Gold Marks and 100000
900 Paper This Year.
BALKs AT HOME ECONOMY
Reduction Of Expenses More
Difficult as Politics Are
Involved.

LONDON, June IA (Wednesday).-|
The Westminster Gazette this morn
ing says it understands threatened
crisis concerning German reparations
has at least been postponed by the
payment of the 5O,OOO,oOo gold marks
by Germany due Thursday.
The New York herald., 1922-06-14

Special Gable to THE New YORK HHRlLp.
COPYRIGHT, 1899, By THE NEW YORK HERALD.
New York Herald Bureau,
Imperial Valley press., 1922-08-14
LEGAL ADVERTISING

Eastside Addition,
Block p, +. 60 ft. of Lot ASA
Block 81, +. so ft. Of Lot 5....3.SS
Imperial Valley press., 1922-08-14
In Townsite of Alberta

In Townsite of Alberta
'B"
1851 Bailey, William,
Part of Block il, Beg at
Ne cor. Blk. ii tn Sly alg
the Z Ii 125 f.; tn WY & pll
with \ Ii . IT.; tn My q pill
with L Ii l25 ft.; TIA Ely to
beg -. ........... / 90
The Devils Lake world., 1922-11-08
MURDERER TO
HAVE HEARING NOV. IL

Bottineau, N. D., Nov. s.-Retain-
ing a stoical attitude and declaring
that he is innocent of the crime with
which he is charged, Leonard Miller,
"a, Of Harlem, Mont, charged with
murder in connection with the Staying
hear here of William Mahsted, Nah
iowa, Minn., will have preliminary
hearing at his own request here Nov.
ID.
The accused young man is still held
in, the Bottineau county Jail without
bonds. Authorities had hoped to be
able to clarity some battling point
involved in the crime by the return of
Miller from Cutbank, Mont, where he
was arrested, having in his possession,
officials allege an automatic which
was stolen from Mahstedt at the time
he was murdered, but thus far they
state they have been unable to shake
the lad's story.
The Devils Lake world., 1922-11-08

PRANK COSTS
YOUTH A LEG

Grand Forks, N. D., Uov. l.
A Hallowee'en prank, Martin Lar
son, age "a, of Northwood, one of
his legs when it was amputated above
the knee at local hospital. Larson
and number of young fellows are al.
legged to have broken into black
smith shop at Northwood Tuesday,
night for the purpose Of getting some
tools and were met by the proprietor,
who sent a charge of bird shot into the
crowd. Young Larson received it in
the leg.
The attending surgeon stated that
the leg had to be amputated because
of infection caused by gas bacilli
from the soil, common on the battlea
fields Of France, but rare in this part
of the county. He said that the
soil around Northwood was the only
place in. this locality where it was
known to exist.
The Devils Lake world., 1922-11-08
Garrison Man Is
Burned to Death

Garrison, N. D., Nov. 8.-Services
were held here today for Joseph
Smith, 81, who was burned to death
here Wednesday night when a large
gasoline container exploded as he was
d1awing gas from it for a customer,
The gasoline was in a tank situated
in small shed at the rear of the
Farmers Mercantile company where
he was employed
No one appears to know just how
the accident occurred and the flames
were bursting forth from the small
tin shack where the fuel was stored
before anyone knew that Smith was
in the place. 1t is generally believed
here, however, that he forgot and
lighted match causing the gas to
ignite.
Smith, together with his wife, who
survives came to Garrison from Eng
land just after the war.
The Devils Lake world., 1922-11-08
VOL FORD BANK
ROBBERS Have
MADE ESCAPE

Rugby, N. D., Nov. s.-A farmer
residing two miles west of Wolford
heard an automobile go past his house
about 3 o'clock travelling west at a tre-
mendous rate of speed and that is the
only clue that Pierce county authori-
ties have of the identity Of the ban
dts who blew the safe in the State
bank at Wolford, Pierce county this
morning and escaped with $1,000 in
cash and 500 in saving stamps.
The robbers. had cut all telephone
and telegraph wires leading into the
city, so the town was for time iso-
The Devils Lake world., 1922-11-08
FIRST FLOUR
DELIVERED BY
STATE MILL

Grand Forks, N. D., Nov. s.
Dakota Maid Flour turned out by
the North Dakota state mill and ele-
vator at Grand Forks is now on the
market.
About 3 tons Of the product were
delivered to Grand Forks retailers
late Thursday afternoon these being
the first deliveries on commercial
scale made by the mill.
A large number of orders have been
received from other towns and cities
of these and these are to be filled
as rapidly as possible.
The mill machinery has now been
The Devils Lake world., 1922-11-08
SPECIAL. FARM
BUREAU EDITION
NUMBER IS.

thoroughly adjusted, and very fine
grade of flour is being turned out ac-
cordingly to O. L. Spencer, superin-
tendent Of the mill. A large quantity
of bran and shorts has also been MILL
ed and sacked and is now ready to be
marketed,
Mr. Spencer says that he is very
we'll satisfied with the performance Of
the mill up to date.
Local firms to whom the first flour
was delivered Thursday included r.
B. Griffith Co., H. X. Geist, Cotton
and Wilder and the Carlson Grocery.
The Devils Lake world., 1922-11-08
lated from the world.
Girl Shot At Yeggmen ;


The only person in the town who
was aware Of the presence Of the bur-
glars was Miss Grace Burtness, chief
operator in the telephone Office, who
is reported to have fired at them as
they left the bank.
The noise Of the explosion in the
safe is said to have given her the
alarm, but the burglars left before she
could summon help.
Belief that the band of robbers is
the same one that looted the bank at
Barton few days ago was expressed
tonight by Sheriff c. E. Harnit, who
made the statement that the crow
bars and other tools used by the rob-
bers had been taken from the same
railroad tool shed as had been done
on the night Of the Barton raid.
pullman Company Fights to Main
tain Rates." Aha! More berth con-
trol-Philadelphia Record.
The Devils Lake world., 1922-11-08
CHILD BROWNS IN TANK.

Mohall,N. D., Nov. s.-Guided by
what seemed to be instinct, Mrs. Bar
tholcmew, residing in Clay township,
rushed to a water tank in a pasture
about quarter of a mile distant when
she found that her two and half
year old son was missing, and found
the boy drowned and his body float
ing in the water. Attempts to resus-
ciate the youth were uavaling.