davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-12-30
BUSINESS NOTES
\. AND TRADE NEWS
Heavy American Buying Lifts
+, Yokohama Raw Silk Prices
Market Here Firm.

Renewed heavy buying by Amerl-
cans yesterday resulted IN an advance
of~50 yen In prices in the Yokohama
raw silk market. Sales reached to-
tal of 2.200 bales. Asking prices for
the standard sinshiu No. i were adj
vanced to 2.13o yen, but despite this
increase. buyers were eager to place
contracts. Sellers, on the other hand,
were not so anxious TO part with their
holdings and were confident that quo
tations will reach higher ground be-
fore the first quarter of the year has
passed. Buying in the local market
also was more active while prices were
firrner. Because of the small demand
here sellers are slow TO push up their
prices. Other foreign markets dis
played increased activity at slowly
stIffening prices.
The New York herald., 1922-12-30
RESIDENTIAL RENTALS.

Payson Mel. Merrill Company leased
apartments in 257 West Eighty-sixth
street to Miss Kathryn Carylna, Frank
De Haven and Paolo Martucci In 115
East Fifty-sixth street to Miss Helen
Q. IRWIN and studio apartment in 140
West F1fty-seventh street to Donald
V. Newhall.
Hamilton Iselin & Co leased furnished
apartment in 36 West Fifty-ninth street
to Louise ii. Grace.
The New York herald., 1922-12-30
Dry Goods outlook Good.

/, The John V. Farwell Company OF
Chicago look forward to the coming
year with confidence and the expecta-
tion of much larger sales and excellent
net results. The last three months, ="
their review states, "have been espe-
cially good in the way of sales and
legitimate profits. The rise in the
hree basic textile colnmodities.-cot-
.on, wool and silk-has stimulated the
Jiemand for goods made of these
materials. especially during the latter
part of the year. when it was evident
That these prices would hold. Now.
nearly all the goods owned at the old
prices have been disposed of. and
every one is getting rapidly on TO the
higher priced goods. We base our
confidence on the depleted stocks. re-
duced indebtedness. higher prices for
farm products, and the outlook for the
stabilization of affairs in Europe"
The New York herald., 1922-12-30
Cotton Goods sales Heavy.

A fair demand for all styles of goods
prevailed in the Fall River printcloth
market during the week. with the esti-
mated sales placed at 100000 pieces.
Sateens, twills and certain plain goods
constructions featured in the business
for tfat period and a firmness on the
part of mills was noted. Prices have
held very firm and in some instances
show an advance from an eighth to
"a quarter of cent over last week.
Many mills We're reported slow to sell
beyond January and February. Con-
siderable optimism prevails as result
of the business of the last two weeks.
The activity is taken to indicate re-
sumption of heavy trading when the
1nventory period and the holidays have
passed.
The New York herald., 1922-12-30
SILK Trade Optimistic.

Optimism Is running high in the
broad silk manufacturing trade. Manu-
facturers believe that the new year i'll
bring in large volume of trade. Al
though current demand is seasona bly,
quiet. mills are operating on full time
filling the orders booked by statesmen
on their initial spring selling trip. Ad-
vance business is reported to have been
much larger than that booked at this
time a year ago and reflects growing
confidence among retailers.
The New York herald., 1922-12-30
AMERICAN PORTS.
IRv NALL

SAN FRANCISCO, Cal. Dec 2o-Arrived
str Chateau Thierry ~ 81 Honolulu; tug
Humaconna. Norfolk for Seattle 21st, strs
Indiana (Fr), Astoria for Havre; 22d, West
Cahotia. Victoria for Sydney Ito finish load
ing).
Arrived 23d, strs Lancaster. Seattle; 24th
Katuna (Br) Vancouver.
Arrived Odd, str Inlay. San Pedro.
Sailed 22d. strs Vinita, Eureka; ed. Ke
vance, Gaviota.
SABINE, Tex. Dec 24-Arrived, strs Ches-
ter Sun. Chester; Atlantic Sun. do
Sailed 9th, str 7 J Williams Rotterdam
The New York herald., 1922-12-30
TAX pnocEpuRE COURSE.

The New York Chapter. Inc. Amer
ican Institute of Banking. has sched-
uled course of eight consecutive
weekly lectures on income tax pro-
cedure beginning Friday evening, Jaru-
cry s. The course is planned for bank
employees and officials who will be
called upon to handle income tax mat
ters during the early months of TIE
coming year.
The New York herald., 1922-12-30
BROOKLYN MARKET.

Pierrepont Davenport sold store and
apartment house. 1143 Flatbush ave-
nue. Tor the Eldert Park Corporation
to Alexena Lambert.
Bulkley e Horton Company with
Everett Kuhnis office, sold 81 Balm
bridge street, three story dwelling
2ox104, Cor the estate of Clara Tagli-
bItp
The New York herald., 1922-12-30
Higher Cotton Duck Prices.

Prices of cotton duck arc to be re-
adjusted in keeping with the steadily
rising gray goods market according to
q leading seller. Mills are now revising
their price lists and announcements Of
advances are expected to be made with
IN a few days.
The New York herald., 1922-12-30
ON STATEN ISLAND.

James S. Graham sold in Woodland
Terrace, Staten Island. to Alvin S. Per-
son, a five-room bungalow and two
lots on Fifteenth street; to Frank b.
Curry and John A Murray two lots.
each on Eleventh street.
The New York herald., 1922-12-30
To Hold Spring Fur sale.

The spring fur auction sale Of the
Fur Merchants Sales Company OF st.
Louis will be held beginning April ~.
1t was announced yesterday. The cop-
pany. recently abandoned the winter
sale, which was scheduled to begin on
February IL. because of the unsettled
condition of the raw fur market. and IL
was believed in many quarters that
the spring auction also would be called
ofF
The New York herald., 1922-12-30
JAPAN CLOSES SMALL BANKS.

LONDON. Dec. 29.--Reuter's to-day
says it has learned that the measures
taken by the Japanese Government with
regard to the temporary closing of small
local banks have proved efficacious. a
steadier tone Is said to prevail.
The New York herald., 1922-12-30
SATISFIED JUDGMENTS

The first name is that of the debtor. the
second that of the creditor. and date when
isHS,ifi iBsIsScHoF. G Guido. and Fred Won
Kamp-1ritz Hendrix & sons .,es 90
scHwARTz, 1iS joseph--J. Rosenberg; 90. -
Nov. 90, 1922. .....:..........,.. 2-o.4o
MEI. Antonio, and Nazzareno 30 30 40. 90
setti-l.. Moskowitz: Nov. y, l9-2. 4So'oo
ALLIGER. Abner D.-s. Kurtz ct
al; June 4, 1920. 20......-.......... ZIo.so
uSh Si Iai ,aio T. nay .......'.... oo". 21oeo
COL GoIpEsMAN, 5s:si. Nachson-M. Berko-
witz, June 20. 1921 :. >a..c. 1-o"-
Llae ny III aairy ao 1000 ~ c75.67
sAME1same: March 80, 1922 .. 26o.96
nc Nov 3 1922. .............. 1.515.s6
iPlLtoMNs; PlSslo Msv piensg } 1879 ana ~ 57e.o1
EAMENER, Herman-M a. Fried
versed9 verse .............. s.2e2.s2
hoff; pec. i. iasi. .............. 1888
ceptance Corp. May 16. 19e2. sl9.5o
HARMANDE. Damiano. and Cesira
NJ Biondi-People. &C.; Dec. 5.
NapLh"' sng 1909 eae. .iN............. 7.4o6. 80
sAME-Same: Aug g. 1909. ....... 5,3S2 40
cHAMBREE. ferdinand. and New
Sc: n''sfasi MaS H. 1927 tyacated5 100000
CALDERAZzo. Frank. and New
Amsterdam Casualty, co.-same;
Aug. !, 1921 tvacated) ooVVV
Feb. IS. 1901 .................... 90 800 81
d. II. Cohen: Nov. "a, 1899. -. 6ioco
nank. \. " y; FEB. 20. 1922 80 ...s' 4.31s73
GREENSALD. Louis. and Benjamin
Gla sser-Pecple, &c.; Nov. 10. 1922
fNacatedl ............. l,VvuVV
SPIELBERGER BROS, INC.-P.
Siegcl. Nov .. 1922. ............ ,364o5
e Engineering in corp Jan. 27. Io3s. sseeo
The New York herald., 1922-12-30
CUSTOM HOUSE RECEIPTS.

Receipts for duties at the Custom House
Yesterday were 1920. .363.10. OF which ss5.-
$50 % was for merchandise withdrawn from,
bonded warehouses and SS34,I12 Sc for re-
cent inportatlons.
The New York herald., 1922-12-30
BID AND ASKED QUOTATIONS
Y. STOCK EXCHANGE QUOTATIONS..

To the following prices accrued interest
Is TO be added:
FOREIGN GovERNMENr AND MUNICIPAL
BONDS.
The New York herald., 1922-12-30

Closing prices OF stocks IN which there
were no transactions Yesterday.
The New York herald., 1922-12-30
BRONX COUNTY.
=
ALLEGRO CONSTRUCTION CO,

ALLIEGEO CONSTRUCTION 90
e. l. du Pont de Nemours
Co.. Inc. ...........-. $500
ALTENPOHL. Hans--H. Abeles.
RRUEN. Frederlck-pictorial Re
view Co... ,....--......
EOROWITZ. Isidore. ard benjamin.
Goodman-L. Levine. .,.......-..
COHEN, F'rauk--L. Blankfine e q
ED GERALD REALTY CO., INC.
and Relnhardt i. Koester--F.
Schneider, 1nc.......
ROSTER William-Central Shoe co.
MILLER. Mcyer--J> SHERMAN.
ROSENFlELD. Harry = Is. 8
DeutSCn .-'-'
SERINO, Vincent IT. Will
Jams ct al. -............'..;..'
SUCHARS, George--J. Goldstein.
The New York herald., 1922-12-30
sCHEpILEs IN nANKRUprCY.

Schedules in bankruptcy filed yesterday in
the United States District Court were
LIFE LIFE. no address or business men
B. & A. NOVELTY STORE (Dier Breitbart
and Sam ArbeiteD. 1898 wilkins avenue.
Liabilities, SIS, ,29I; assets. $230ll.
ESHIA HARRIS (also known as Elias Har-
ris). furniture. II Avenue A-Liabilities,
$44 ,I9s; assets. s34 $50.
The New York herald., 1922-12-30
PETITIONS IN BANKRUPTCY.

Petitions I'm bankruptcy filed yesterday in
the United states District Court We're
HARRY SCHWARTZ. INC. furs - Involun-
tary by Lillian Koch. 81 100; Isidor Gar
stein. S2l6 Mary Locketts. 500 Silver G.
Moskowitz. 200 Broadway, attorneys fol-
petitioners.
MAN POILAK. $40 e. 18th street-voun-
tary. Liabilities, 81, ,16o; assets. S1.f6s
Nathan Shulman. 800 Broadway, attorney.
VERNON MILLER. mechanic. Kerhonkeon.
n. VOLUNTARY. Liabilities, 81 l,291; as
sets sloT.
MARTIN FR1EDLANpER, Wholesale crock
cry, eU3 First avenue--involuntary, by Jo-
seph Biren. $500: Cook China Co., 1905.
Levy. Levy &c Brinkman, 1910 broadway,
attorneys for petitioners.
ALEXANDER CREAM. salesman. Mt, Yer
non--Noluntary. Liabilities. $J3.950. B.
S. Greenberg. III W. Fo;tieth street. at
torney.
HARRY NORTH. restaurant, SO Boston road.
Weiss. $13S. David Garfnke. Nonkers,
attorney for petitioner; Edward Lauter-
BACH receiver; bond, $500
SOLOMON LIFKOW1TZ. dry goods East
f14th street-Involuntary, by Rose Mandel.
800; Anna Cohen, SIG; Annie Goldberg.
$40. Maxwell NJ. Schunkel. 3oo Broad
way attorney for petitioners.
A. G. r. PUBLISHING CO. INC, trade mag
azine publishers. AS West Thirty seventh
street-Voluntary Liabilities. S3o.665; as
sets. $50 Wilson. Barker Wager. As
Wall street. attorneys.
PETER MAST & co. (Peter Masi. Carlton
Webster Angelo Buzzeo and Carmine Co
lettD, occupation not given, Port Chester
Voluntary. Liabilities. $2.12c; assets. s1sl.
Simon Goldae, Port Chester, attorney for
baukruDts
The New York herald., 1922-12-30
HARLAN. Elwood J.-E. c. Null

HARLAN. Elwood J.-E. G. Null
IDEAL MODERN CAFETERIA.
lNC.-Display Products Corp. 2s6 6,
LEWIS. Julius-E. r. Baehr. c.1l5.I'
LEVINE. Phiiip-M. Gurian. ....... 2i40-
LAMPoRT, REALTY coRP.-c. j. ,o, :,
MaTsRN' sev Hes,,y snlp--N UP Ine imam . 5000,
NATHAN, Henry-L. j. selznick. 262 .3S
MUILANE, William J.-Gateiy 80 :,
l Afee g. coSHF. e. carberry. -. ASS 10:
'Ii- trust Go. . .............,.... ~ 3.oeo.a
MENDLowITcH. Jacob-P. weis
LIABILITY
Inc Inc -.o.a.'....'''.4..... 80 o.''a.o ' 4.5oa. 90
N ). MOTOR TRUCK co. and
George l.: kramer-Empire State c,o :,
oNE Si1apss ssvEMTY.oNE ISEf 'BauiLpiNG
CO. INC.-City OF y. Y.......,,. 3os.'a
! strassbnrs sss:hsNil>' i'rae' ..... % 2,o2o. 8
RGKAToWfrz. I'EsSToSTf pora-city Of N. u 5000
RovENsKY. Phip-N. chertoff' o,o a.
'aiNh.'.N ben iNeiia'u--ea - cie.91
seHIRA4IER,. ;,iI!4.I Isaac = T. wsreF- 80, &c
'iv Maeno1t; r peperino. g eu ..'....'. ~ 2so.4a
slLBERMAN, Harry JIIrvins Ma TAX .s7
llOnal fpdilN OF VIEW IoiN
s[NISlS, ~ csn,da e.e'i 44.41z7C
siEbEhI' naoa 'uiius - s.74e.7i
SAMUELS. Ben--II Schauback. i'ooS's-
STEIN r6 Aorahah--N ''i'ia..'... a'iona. 274.7o
shMb hscS ELS hou,s '..'.....s... 1851 q.
SIMON ,GINsEURG SONS. INC :.
A. Schefer 81 ai.............. eot'4e
sCHWATIS. Aprahvfn lM Syn, 'S'ypsy '''.' go. .2c
TUCKER, wliam--isest Co... -oS'io
IliSaER y MEpSHY Peaitv COR Corn i25T3i
v-,pPp Eai,,N-C r f,uii - 500 .4G
WElNsTEIllM. L1uss aEe ,oINN.' 5ss.o1
The New York herald., 1922-12-30
JUDGMENTS FILED.

The following judgments were filed yester
day. the first name being that of the debtor
NEW WORK C,OIfNTY
The New York herald., 1922-12-30
Business Troubles
RECEIVERS IN BANKRUPrCY.

Receivers in bankruptcy appointed yester-
day In the United States District Court
were:
SAMUEL LIGHTING FIXTURES Co. 1874
Myrtle avenue, Brooklyn and 260 Bowery.
Observation-Disclosures Il. Crane, ancillary
receiver. bond. $1,000: Archibald Palmer.
$50 Broadway. attorney for petitioners.
GEORGE MCCORMICK MACHINERY CO..
- Warren street--Judge Mack appointed
Helen Williams receiver; bond. $500; NJ E.
Loewus. i76 Fifth avenue, attorney for
petitioners.
j. NJ. FALK HAT Co. INC. IS W. Thirty
eighth street-Harold Rieselman receiver
bond. $4,000; Marcus Hefand, 500 Broad
way, attorney for petitioners.
RIVERSIDE DRESS HOUSE MARY Leibo-
witz), 1879 Madison avenue Helen Will
Jams receiver bond $500; liabilities are
estimated az $1,000 and assets at $500: j.
Karl Becher. 276 Fifth avenue, attorney
for petitioners
HARRY SCHWARTZ. INC. furs. 1S4 Yves,
Twenty y-ninth street-porothy Kenyon, re
ceiver: bond. $500 Silver MoskowitE z,
229 Broadw ay, attorneys for petitioners.
MARTIN FRlEDLANpER, wholesale crock
cry, oo3 First avenue-DorothS Kenyon, re-
ceiver, bond. 81 $50. Israel Brnkman. 1910
Broa adway, attorney for petitioners.
RENlSEN DARLING, real estate broker, 40
William street-Noluntary. Liabilities, S36
9l2; no assets.
JOHN J. PUDLES. salesman. 24T West 1f1th
street-Voluntary. Liabilities, SIS5 no as
sets.
, 1922-05-10
Desecrating.the Tomb

MR. D HULL, chairman of the Democratic
4u National Committee, is about to be driven into a
corner by the Hamilton Holt-Woodrow Wilson Foun-
dation Fund Democrats, upon the question Of the
league of nations. The first evidence of this was
furnished . few weeks ago wnen Mr.. Holt wrote :
letter to Chairman Hull of the Democratic National
COMMITTEES suggesting he call the committee together
in order that it might go on record as to the advisa-
billy of making the league of nations an issue in the
approaching congressional campaign. This suggestion
soon ripened into a demand upon the part of Mr..
Holt.
Chairman Huh, knowing full well that the leaeue
of nations is not popular among a very large percent
age of his own party, did not take kindly to Mr..
Hollis idea. Mr.. Holt and the Woodrow Wilson
Foundation crowd have now decided to force the hand
of Mr.. Hull and the Democratic National Committee
At a meeting held in New York of the Woodrow Will
son Democracy, at which Mr.. Holt presided, a reso-
luton was adopted as follows:
Resolved, That Mr.. Cordell Hull, chairman of the
Democratic National Committee, be and he is hereby
requested to call such a conference of the Democratic
party as can formulate a program and platform to
serve as the basis for an appeal to the voters of the
country, and that the candidates for the United States
senate and the house of representatives be invited to
subscribe to the same"
Mr.. Holt admitted at this meeting that Chairman
Hull was not in favor of the plan but he minated
that in event Chairman Hull did no comply with the
wishes of the Woodrow Wilson Foundation crowd
such pressure would be brought to bear as to call
the Democratic National Committee over Mr.. Hul's
head. In that event there will be a merry row and
q certainty of a wide open split in the Democratic
party councils.
At the meeting which adopted this resolution Mr..
Holt announced that he had just returned from a
delightful visit with former President Wilson he
told the meeting that Mr.. Wilson, sitting in his bed
room attired in a lounging robe, "gave us his nautical
blessing, which is something I am sure we prize verv
highly" The address made by Mr.. Holt at This
erecting gave the meeting clearly to understand that
Wilson is back of Hollis proposition to force the Dem
ocratic National Committee to approve n revive, az
the league of nations issue.
, 1922-05-10

casper-B. /. Bisgs. Independent Torpedo Co.
Casper@Ohio Oil Co.
CssPer-Ray Mecleary, Rays Service Station.
casper-Wyoming oldsmobile Co., Inc.
, 1922-05-10

endorsed b y
leading physi-
clans. Be sure
to ask for TIN
Giles LAxO
ASPIRIN. the
aspirin with thu
Ithree pofnts.
, 1922-05-10
The Best Remedy

as chairman OF the senate
y finance committee, when he reported me aHtt
hin 70 tha. body. made the statement that the best
remedy for present labor unemployment IS a KePuo-
Ecau protective tariff. This is a statement OF a
truth that has become automatic in American eco
nouie experience. Il is n truth which IL too little
realized by the present generation of industrial work
ors who have become so accustomed to a high stan
drrd of wages that they are. not fully appreciatrve
of how much they owe to the doctrine and system OF
protective tariff.
Let labor make no mistake. Two things are as
certain as the MULTIPLICATION table. First, the level
- ws-es e higher in the United States, both actually
and in proportion to the cost of living and tbs hours
of labor, than in any other country in the world. Sec
ond, this high level of wages in American industry
is not the result Of accident. It is the result OF the
economic policy Of a protective tariff which has been
a cardinal principle of the Republican party from the
day of its birth, and which has been put in practice
by the Republican party each time it has secured
control of the government
The Republican party has been dominant In govern
mental affairs &C out of the last 62 years. This has
kept a protective tariff upon the statute books suf-
ficientiy continuous to prosper American industry and
build up a high standard of American wage. The
only periods in the history of this country in which
there was serious industrial depression, with CORE
spending reduction of wages and increase of idleness
were those periods following the control of the gov
ernment by the Democratic party and the enactment
of Democratic traiff. Whatever advantage American
labor enjoys over the labor of other nations is due
solely to the long continued policy of tariff protec
ton. Whatever security American labor may expect
in the future from the danger of being reduced tc
the low wage levels prevailing in other parts of tbs
world and long periods of unemployment is offered
only by the policy Of a protective tariff.
, 1922-05-10
Your War Stamps

Hold your war savings starnpsr' is
the admonitton of the United States
treasury department. The depart
ment is moved to issue this warning
because spectators are now offering
more for the war savings stamps
issued in 1913 than the government
is paying at this particular time. This
may lead a rea many people to be
heve they would get a bargain bv
selling their stamps now to the spec
uiators- On h contrary, they would
be cheating themselves out OF money.
The war savings stamps and GER
thicates issued in 1918 will mature
in January, 1923, eight months from
now. These stamps il purchased
when first issued in 1918 S the
buyer s4.12 for every IS unit or $50 40
for every 500 unit. If the buyer
holds the stamps NTH January. each
S4.12 he invested will bring him IS.
each $S2.40 he invested will bring him
800; and II ne invested the limit
Ss25, he will be paid 81, 900. This is
, 1922-05-10
Settling War Claims

War claims against the war depart-
ment amounting to 1880, 900, 600 have
been settled for S5o4, 00O, 900. This
basis OF settlement averages about
1876 cents On the dollar. Out of 80 .e61
claims artstng from war contracts for
munitions n supplies, 26,2I6 have
been settled to the satisfaction of the
contractors and with luz regard to the
interests OF the government: 3,2Os
claimants were denied relief and s..
5o2 claims were withdrawn leaving
but % still unsettled on April 10.
The remaining % claims involve lie.
tween $4,000, 900 and s14, OOo, 900. it is
said. and relate chiefly to ordnance
claims filed by three cocerns. These
claims now being handled through the
office of the Judge Advocate General
it is believed will be completed by the
close of the fiscal y,ar and the work
Of nearly three and onehalf years ter.
minated.
The work of adjusting these claims.
which had involved the employment
Of 1000 people. including so rni OF.
ficers, was conducted under the di-ec,
ton Of the assistant secretary of war.
until March 1. 1922. when It was 20
nearly completed that it wal trans.
ferred to h office of judge advocate
general of the army.
At n time in the operations CT the
war claims board, ~ local boards were
sitting in different cities throughout
tho country. but today a small force OF
experts apd officers is closing I'D the
few remaining claims.
, 1922-05-10

one thing, and that is that the law and the courts
must not interfere with organized labor and its
DEGREES, and that wages must never be reduced.
"This doctrine of labors special immunity from
legal interference is entirely revolutionary, totally
mischevious. We can never have a government Of
law, nor any such thing as justice in the world. unless
people obey the law, whatever it may be. Obeying
just the laws We like, and scorning the rest. even "on
principle" is mere anarchy. It is not American.
"Mr. Gompers' attitude cannot be too sternly and
severely blamed. But those who blame him should
search their hearts to see il they ever do the same
thing We must not call the doctrine "Gomperism'
until we have made certain that it might not be called
, 1922-05-10

able values OF the various units spec
flied a IS unit purchased for s412
VIII be reieenable At s4-71s two IS
units which cost the buyer 1894 VIII
he redeemabie at ss.4.. 20 50 units
which cost the buyer $500 VIII be
Reasonable at s942o. and those who
invested the limit sS34. viii be a0le
TO cash in for 1885, This represents
the purchase price In each a plus
only sh per cent.
But between December, 1879. and
January. 1893. b month the stamps
mature. the government adds enough
interest to make the total Interest at
maturity equivalent to ~ per cent
compounded for the entire five-year
period Expressed In dollars and
cents. his n stamp which
cost SALE IN 1918. and which will be
worth s4-u in December. win DO worth
IS In January. q fat Increase OF %
in one month on every s4.1z
Investment. The holder o. 20 IS units
in December VIII have n redeemabie
value. as stated above. OF 1890. but
by holding them so days longer he
would have a ~redecnable value Of
500.
The government at the time Of the
Issuance OF h stamps fixed the rate
OF interest from the date of issue until
the date Of maturity at only az per
cent but fixed the rate of interest n
held until maturity at AZ per rent
compounded The puspose of this
was TO encourage those who bought
stamps 10 hold them the entire five
years. In other words, II pays a
premium Of IL per cent to the man
who keeps his stamps five years. This
little kink IN finance Is not Appre
ciated by a great many holders OF the
war savings stamps and certificates
It is appreciated very keenly. how
ever. by SPECTATORS and scalpers. 1t
is reported that many scaipers are
today Offering holders of war savings
stamps more than they could cash
in" for now and they are inducing
, 1922-05-10
Gompers' Attack on Government

"SAMuEL GoMFERS under the questioning of
~ Samuel untermeyer, on behalf of the Lockwood
committee" observes the Boston Transcript" said
lion that unionized labor might resist the laws if the
laws seek to subject the employee to the responsibility
that 1t places upon the employer, he uttered a doctrine
ina $ absolutely untenable under he Constitution of
the United States. It is the doctrine that labor is ont
side the law in respect of its own obedience. and vet
may take full advantage of the law as a wcanon
against the employer.
M Gompers proposed, in his responses to nv
onerneyer regarding corruption and injustice prac.
ufed by labor union leaders-men like Sam Parks
au ninoeh-no remedy whatever except to let such
,phoInons go on, 'having patience" to wait until
Spor, by its own processes, frees itself of these
souses. He is not clear in his mind at all how This
PufHcation is to be reached. but he is clear as to