davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1922-10-15
Tobacco Prices Climb
On Danville Market

DANVILLE. Va, Oct. 1.-THE
heavy tobacco crop and the devel.
opment Of good roads in this section
are factors in the exceptionally
heavy receipts of leaf tobacco on the
Danville market this week when
over 2,50o,000 pounds of leaf were
sold.
The average price is climbing as
the better grades Of tobacco come
in. Local warehousemen are hope
full that DanvilIe will sell as much
as $4,000, 900 pounds Of leaf before
the close Of the season, and that this
market will once more become the
largest loose leaf tobacco market in
the world.
The Washington times., 1922-10-15

savings of the stockholders as own
ers Of the companies In good times,
and were made to serve the pur-I
poses OF rainy day savings when the
bad years came.
Not only that, but many enormous
enterprises were saved from bank
ruptcy IN 1920 and 1921 by the size
of their surpIuses. Anypody can re.
call surpluses Of $i5,000,000 or $685.
900 900 that vanished when the Jolt
and FAR came, yet there was no bank.
ruptcy, no cancellation of stock,
values, no collapse Of the bond issues.
why? Simply because the surpluscs
were there to take up the slack.
The surpluses Of these compa nies
are not and cannot be the mere
wealth of the Rockefellers ana Nor
gans, as many persons. even Con-
gressnen vaguely imagine: They
are owned largely ny the miiiions OF
tinted states. They arc the unrecog.
nized Insurance agents Of business
that guarantee MILLIONS Of American
men and women against hardships,
loss and often suffering. Without
them hard times would be Infinitely
harder. and in tens OF thousands OF
families hardship would degenerate
INTO famine II that insurance were
seriously impaired or imperiled.
Things to Think About.
Those are things to think about.
The writer recently heard a Con-
gressman say that no man ought to
have more than $1,000 year in
come; also that no man or corpora
ton should be allowed to earn more
than 8 per cent on investment. The
| Congressman. therefore, believed In
| a tax that would gradually abolish
| the large surpluses of all large stock
companies.
| What would that mean? Simply
that the next hard times would be
not only hard. but bankrupting would
reduce investors and stockholders not
only to penury but to poverty, would
| not only impoverish the great bust
ness concerns of the United States
but abolish most of them. Insolvency
would be almost universal and busi
ness collapse inevitable.
The gentlemen in public life who
| imagine that by a tax to reduce sur
pluses they would penalize only hall
a dozen very rich men and stock
companies. are making very serious
mistake. They would be Furnishing
the whole United States, down to the
last thousand Of stockholders, inves
tors and Industrial managers, as well
as the men who work for them with
their hands.
The Washington times., 1922-10-15
BOND ISSUE PASSES.

ST. PAUL. Va, Oct. 1.-THE Lipps
district $4,000 bond issue went
through by big majority. This sum
win be spent in st, Paul and Coe-
buru. A new $4,000 high school
building will be built at st. Paul.
Many improvements will be made In
and around Coeburn. but the bulk of
the money vii, 20 to ST. Paul.
The Washington times., 1922-10-15
Tobacco Sales Begin
Activity at BroOknea1

BRoOKNEAL, Oct. 1.-THE Co
Operative Tobacco Market opened
here for the sale of bright tobacco
and approximately $4,000 pounds was
on the floor for grading and for sale.
A large and enthusiastic number
tion was generally expressed. not
only with the prices, but with the
rapid manner In which the tobacco
was handled.
The Washington times., 1922-10-15

market. This need not preclude pur'
chases of desirable stocks from time
to time when offered at concessions,
especially the dividend rails, which
are facing what appears to be a
very bright future. Buying Of rail.
road shares by people In a position
to know has beenl quite a feature
for some time past. and this sort OF
buying repeats itself whenever
prices react.
The Washington times., 1922-10-15

Would such a tax be q gooo
thing? OF course. It would be easy
to collect. 1t would be taken from
big accommodations, because most Of
the large stock companies have large
surpluses. It would bring IN Q
great sum OF money. Finally, AZ Il
would seem to come out Of big busi'
ness, st would tbe at first popular.
But all this In not 30 simple ~ II
seems.
What is the surplus Of q stock
company? 8#
Roughly and mainly, the surplus
il to the stock company what his
savings bank reserve In to q small
business man or his national bank
reserve IL to a business man OF
larger affairs. II Is capital q ;cumu-
lated when business 10 good to carry
the company over times when busi.
ness In poor. It IL the guarantee
that the company will take The ups
and downs Of business without col.
lapsing, bear the quivers and
tremors of profit and loss. carry its
owners and stockholders safely and
steadily through the convulsions
that occasionally overtake the bust
ness world. and altogether be q
sound. stable, income-paying con
cern In pretty much all sorts Of com
mercial and financial weather.
Surplus Essential.
Any company's safety. soundness
and good management are Judged tc
large extent by the surplus that
fortifies its existence and assures
It's dividends.
Dozens Of companies In the hard
times just past paid their dividend,
out of surplus steel company
several oil companies, and an equip
ment company occur to the writers
mind as examples. Millions of stock
holders were carried through thu
hard times by the surpluses thu,
distributed In the form Of dividendi
which, though not earned in 1921
and 1921, were nevertheless paid. b.
Those dividends in q way were th'
The Washington times., 1922-10-15
2 .sasFsrr4A#P~ BUSINESS And FINANCE #Esa&s
Tax on Surplus Would
Be Error, Hinman Says
BY GEORGE w. HINMAN.

CHICAGO, Oct 14-Sh0uld C0ngresS levy neaVy TAX
on the supuses of stock companies? This question is to
before Congress- next winter already is discussed
by business men in the larger cities and by Congressman
ret,Irning from Washington for the present campaign
The Washington times., 1922-10-15
High Priced Stocks
Feature of Trading
Upward Tendency Shown by Stocks, Wheat,
1916 Cotton, and Listed Bonds.
BY w. 8. COUSINS.

I I
NEW YORK Oct. 14.-It is significant of weekend
markets that the upward tendency to all Of
them-stocks cotton, wheat, commodities and to smaller
extent the market for listed bonds Spot cotton this week
rose to the highest price since the first of September and
wheat markets showed the effect Of healthy demand both
New-York tribune., 1922-04-10
Newspaper Women Club
lE1stalls First Officers
Fifty q. Initial Dinner Of New
Organization; Mrs. lEar-
dino Se,tds Graalinns

The New York Newspaper Women
Club. the first o. its kind to be organ
lied in the United States, held its first
annual dinner in the Far East Garden
OF the Hotel Vanderbilt last night
Nearly fifty editors, writers and women
reporters attended. Martha Conan. of
"The New York Herald" president
presided.
Jane Dixon, of "Tha Evening Tee-
gram" in a brief address, outlined the
clubs objects. Other speakers were
Theodore Bean, of "rhe Morning Tele-
graph and Emma Bugbee, of The
Tribune. A letter extending her best
wishes was received from Mrs. Harding
Installation Of the officers was one
of The features OF the dinner and the
following newly elected officers were
instalcd; President, Miss Martha
Conan, "IIerald;' vice president, Miss
Jane Dixon, Evening Telegram;
treasurer, Miss Theodore Bean, "Morn-
ing Telegraph recording secretary,
Emma Bugbee. Tribune, and corre-
spending secretary, Miss Ann Dunlap,
"American."
New-York tribune., 1922-04-10
Harding saysDepewJokes
Are Good for 100 Years

Professor J. G. Carter Troop, late
of the University of Chicago, speaking
yesterday before 600 persons at lee
ture arranged by the Board of Educa
ton at the Hotel Majestic on Chauncey
H. Dcpew's new book, 'My Memories
Of Eighty Years. read a letter from
President Harding written to Mr.
Dcpew in which the President said:
II have found great deel Of in
spiration in your book. If we're per
mitted to venture a single criticism of
this book it would be that you have
perpctuated in it so many character
istic stories which are certain to be
stolen by after dinner speakers for the
next century or SO, that I fear your
own repute as the foremost of Ameri-
can raconteurs will be liable to suffer.
You know. the after-dinncr speaker is
quite conscienceless as to giving credit
for the source Of his anecdotes"
Professor Troop reviewed the book
by reading numerous extracts and
making comments upon the parts read.
New-York tribune., 1922-04-10

Funeral service for Samuel Kahler
Hodgdon head of the booking depart
ment Of the B. F. Keith Vaudeville Ex-
change, who died last Thursday, was
held yesterday morning in the Palace
Theater More than three thousand
friends and relatives attended the serv-
ice, which was the first in the history
of the local theater to be held from a
playhouse.
The Rev. B. L. Short conducted the
service. The eulogy was delivered by
Edward Davis. Sacred selections were
sung by q quartet from the Lambs
and Dorothy Jardon and John Steel,
soloists.
The honorary pallbearers were {. f.
Albee, ]. J. MurdocS. George NJ. Cohan.
Elmer F. Rodgers. Arthur Hopkins. j.
X. Burke, Daniel F. Henressey, Reed A.
Albee, Harry T. Jordan, Harry A. Dan
iels. Clark Brown, Carl Lothrop. Martin
Beck, Mike Shea, Fred c. Schanberger.
T. z. Proctor, Mark A. Leuscher and
John Kolvoord.
Intermert was in Woodlawn Gene
tPrV
New-York tribune., 1922-04-10
disqualification Program
commended by Hardin g
President Says Facilities for Ex-
Service Men Later Can Be
Used for Public

CHICAGO, April 9.-In providing for
the care and treatment Of former scrv-
ice acn the United States is establish
ing hospital facilities which later can
be used for the benefit Of the people O.
the country, according to letter from
,res lden5 Harding, received to-day by
Matthew Q. Foley, executive secretary
OF the National Hospital Day Com
mittee.
President Harding indorsed the OBJ
sserVance Of National Hospital Day
May -, and commended the movement
sponsored by hospitals of the country
to acqualnt the people with the pur-
pose and scope Of hospital service.
More than 4,000 hospitals are enlisted
In this movement and have planned
programs for National Hospital Day
including "open house" for the corn
munity, graduation Of nurses and ex-
hibitions of X-ray, dietary, occuDa-
tlonal therapy and other departments.
"For myself" his letter read, 81 have
felt that IN establishing the great hos
pltal facilities which are needed fer
the soldiers we viii be providing our
selves with facility whose usefulness
viii continue after the soldiers have
been properly cared for and discharged.
When that time comes I trust ways will
be found to have these establishments
utilized for the general interest OF the
community through local associations
similar to those that maintain so large
proportion Of hospitals all over the
country"
New-York tribune., 1922-04-10
DEATHS

BENTON--On Saturday. April s. 1922
Charles Montgomery, beloved husband OF
Ida T. Bentor ana father cf Florence
" Benton in his I'D year Funeral
services a his home, l3t West 91st st
on Monday evening AZ ocock Inter
ment private.
BoGERT--On Saturday. April g. 1922. Effic
Jollje. widow of Stephen Bogerl. Funeral
services in w. J. Matthewsa Funeral
Parlor. 233 Lenox av., Tuesday, 1915.
BOWER-Susan e, In the 65th year Of her
age Funeral 81 home of her brother
12o6A Bergen st, Brooklyn. at s o. M.
Monday, April 10.
CAMP-On April 9. 1892. Julie Farley. be-
loved wife OF tho late Edward B. Camp
and daughter OF the late Frederick G
and Julia Hobbs Farley. Funeral serv-
ices at st. stephens Church. West 69th
st. east OF Broadway. on Tuesday, April
H. at p. N. Boston papers please copy
CARtDiNE On April s, George Caradiac.
at his residence. l6 Gates aV. t9roolziyn
y !. Funeral raass from Queen OF An
sants Church, Vanderbilt and Lafayette
avs. Tuesday, a.
CAREi--op April 8. 1922 at ST Augustine
ria. Martin Carey. Funeral from Camp
bells. 6bth st. and Broadway. to st
Patrick's Cathedral, 50th at. and 5th ay
where a requiem mass will be celebrat ed
at 10 a. m. on Tuesday. April ii, 1922
CASPER-At Wilkes-Barre. Pa. April
Arthur A, In his 37th year, beloved son
OF Max and the late Louise Price Casper
brother of Victor Casper, Rosalio Lazy
New-York tribune., 1922-04-10
Son by Radio Orders
Father Buried at Sea
Says He Merely Carried Ou,
Expressed Wish of Parent,
Who Died on Ryndam

When the Holland America liner
Ryndam was on the Atlantic April 2
A. G. Fldderaar, seventy-one years old.
collapsed in a chair in the cabin
smoking room. Those about him lifted
the traveller to a settee and sent for
Dr.. Ihomas Martin, the ships sur
geon, but the patient was beyond med :
zeal aid. Death was instantaneous, the
surgeon said.
1t was written on the ships manifest
that Mr.. Fiddeaar was on his way
from Holland to visit = son, Gerrit
F1ddelaar, in Port Washington, l.. t.,
and radio was sent at once to the
son. Later reply from the younger
man came to the ship thanking the
master for the message and advising
that the body be buried at sea.
The son explained in mis- radio to The
Ryndam that he would personally like
to have the body brought 80 port, but
that his father, who was a former sea
captain, had always expressed a wish
to be buried at sea.
The Ryndam was stopped on April 4
and the body Of Mr.. Fiddelaar was con-
signed to the sea with the customary
burial service.
New-York tribune., 1922-04-10
Women 10 Discuss Costs
Experts VIII address the Ralt;-
more Convention

From The Trjbune's Washington Bureau
WASHINGTON, April 9.-One of the
most important features of the conven
tion on April p in Baltimore of the
National League Of Women Voters will
be an attempt to find an answer to the
question. "Why is the high cost of lv-
ing still with us?" it was announce
to-day by the Washington headquarters
of that organization.
Mrs. Edward P. Costigan. the Ma
tional League s chairman of the food
supply and demand committee. who VIII
lead the discussion. has obtained as
speakers three nationally prominent
men who are singularly we'll qualified
to discuss the causes and remedies of
high living costs.
Production and Distribution" will be
the subject Of the first address, deliv-
cred by Henry c. Wallace. Secretary of
Agriculture. Another phase of the
question will be discussed by Huston
Thompson, chairman Of the Federal
Trade Commission. He will addres
the forum on Open Price Associa-
tions." Senator Arthur Capper, of Kan
sas, leader of the so-called farm bloc in
the Senate, VIII speak on "Co-operative
Associations and Public Markets."
New-York tribune., 1922-04-10
Going On To-day
DAY

DAY
American Museum of Natural History, ad
mission free.
Metropolitan Museum of Art admission
25 cents.
Aquarium admission free
New York Historical Society, admission
free.
Van cortlandt Fark Museum, admission
free
Geological Park, admission 25 cents
Convention Of the National Paper Trade
Association, Waldorf Astoria, all day
Exhibition OF good taste in dress for
all day.
Meeting OF the Daughters OF Ohio Wal
dorf Astoria. . O'Clock.
Entertainment for the children of the
Sunshine Home for Blind Babies. Hotel
Pennsylvania, 2 O'Clock.
Meeting OF Republican Committee OF 100.
AT II Washington Square North 4
O'clock ADDRESS by Senator VILLA m
NJ Calder on News From the Senate"
Lecture by Dr. Charles Upson Clar. on
Italian Nistas." Brooklyn Institute %
Arts ard Sciences. Academy OF Music.
O'Clock.
Meeting OF the Ohio Society Of New York
Waldorf Astoria, O'Clock
Club. Waldorf Astoria, s O'Clock.
Lecture by the Rev. Richard Downey
under the auspices of the National
Catholic Converts League. Hotel Plaza
s:46 o'clock.
Fifteenth annIversary celebration of th~
Free Synago gogue, Hotel Pennsylvania.
$50 o'clock.
New-York tribune., 1922-04-10

own, in which he maintains silence as
To his own intentions. but declares
with emphasis that Lodge cannot be
beaten by the "amiable platitudes or
benevolent generalities" enunciated bv
CASTOR.
From Springfield came word that
Wilson men in that section Of the state
would light CASTOR 20 the last ditch
and that combination was already
forming with former Congressman
Michael F. Phelan, Of Lynn. as the
Senatorial candidate. and former Dis
trlct Attorney Joseph B. Ely. of West
feld, as candidate for Governor.
TO add to the excitement, former
Mayor John F. Fitzgerald, of Boston.
dehnltely removed himself from the
senatorial contest and announced his
candidacy for Governor, The signif-
lcant part of his statement, however. il
that in which he insists that he will
not be part of Gaston-F Fitzgerald
slate. but will make his fight alone.
New-York tribune., 1922-04-10
'5'o End Lefi-Handed,less

DETROIT. April 9.-ln an effort to
eliminate Cleft -handednessr among
school children in the city, T. J. Knapp,
superintendent Of schools at Highland
Park, a suburb, has ordered that h
census be taken to learn which of the
children use their left hands in prefer
ence to their right. Following the
census, the left-handed children will
be taught to write with their right
hands. it is announced.
"The world is much more con
veniently arranged for the right
handed persons" Mr. Knapp said in
explaining his action
The Superintendent scouts the
theory that left-handed persons are IN
danger of stanmering in their speech
if they arc made over into right
handed persons.
"There is no evidence to support
this theory" he said "No persons
should be left handed. 1t is an incon-
venient habit
New-York tribune., 1922-04-10
Visitors Flocking
70 White Sulphur
For Easter Week
Many Will Remain Over
Tor Spring Tennis Tour
nament, Which Promises
10 Be a Brilliant Meeting
Special Dispatch to The Ty.bvne

WHlTE SULPHUR SPRINGS, w. Va
Apfil 9'-Tempcrature 81, weather
clear.
The week end brought many visitors
to White Sulphur for Palm SUNDAY
ana most of them will remain for
raster and the spring tennis tourna
mehe the week following. which prom
lses TO be the most conspicuous social
event of the season here.
large held of well known amateur
players is accumulatinr and the tour
nament should be brilliant one Miss
betn Leary, Mrs. Pierce Butler, Mrs.
Lewis Gouverneur Morris and Miss
hathryn Bache, all of whom are en-
tered are here and play dnily practice
sets on the new clay courts before
large galleries.
The colony attended Palm Sunday
services at all the churches and after
ward dispersed for luncheon to tbe
casino, kate's Mountain Club and Elm
hurst farm. They spent the afternoon
r'dlng, driving and motoring.
lanes Speyer took thirty-mile
moIor ride to Organ Cave, having with
nm I'm Mr. and Mrs. Lewis Gouverneur
motifs, of New York, who are in his
party, and stopping at Elmhurst Il farn rms
or luncheon. Tonight he attended
the Sunday concert in the Greenhr;er
LOBBY. >''o IL
Jules Bache gave a luncheon at the
Casino for Mr.. and Mrs Felix n. War
burg, Mrs. Walter n. Rothschild. MRS.
Fierce Butler Miss Beth Leary and
Miss Kathryn Bache.
Mrs. Edward McKenna entertained
for Mrs. Alexander Nj. White, Of New
York.
Mr.. and Mrs. A. a. sprague, of Chi
ctago' were at luncheon table with a.
large party, and Mr., and Mrs. Raymond
Jones, OF Montclair, had guests with
them.
A. Morris Bagby, of New York. gave
luncheon at EImhurst farm, and Mrs.
A. j. Bamford entertained at a dinner
party there tonight.
Numerous luncheons and dinners
were given at Kate's Mountain Club
where j. D: Standish jr., of Detroit.
and John Mackenzie, of Baltimore,
were among the hosts.
Mr.. and Mrs. Philip Reynolds took a
party up the mountain for dinner. and
Mr.. and Mrs. A. Oxnard entertained at
another party, bringing her guests back
to the Greenbrier concert.
Senator Simon Guggenheim arrived
from New York to-day and other addi-
tions to the New York colony were
William P. Hawley, A. G.. Delaney,
George B. Clark, Edward Condor, C. i.
Tuttle and j. II. Perkins.
Major and Mrs. w. j. Hawkins came
from Montclair; Albert Ottinger from
Washington, Robert Behr from Hast
s-on-the Hudson. Henry Pearce
from Providence, and Mr.. and Mrs. Al
fred Bettman from Cincinnati.
New-York tribune., 1922-04-10
Society Women to
Conduct Sale for
Maternity Center
Seventy five Will Assume
Control of Infant Wear
Department Of Best
n Company's Store

Seventy-tive women of social promi-
nencc in New York City Will assume
control OF the fourth floor of Best g.
Co.'S store, Fifth Avenue and THIRTY
fifth Street. April II to 10, inclusive
Tor the sale of infants wear in aid
OF the Maternity Center Association. of
winch Miss Mabel Choate is president.
"A heavy percentage of all sales is to
De turned over to the organization.
Nrrahgements IN general are in
cnarse of Mrs, John Sloane, treasurer
OF the association. On Monday. April
II. Mrs. Winthrop w. Aldrich viii bc
IN charge. assisted by Mrs. BRYANT
McCampbell, Mrs. Z. f. Dwight. Mrs.
r. Meredith Blagden, Mrs. Hamilton
Hadden. Mrs. Henry G.. GRAY. Mrs.
Buell. Hollister, Mrs Chester Burden
Mrs. Samuel A. Weldon, Mrs. Thomas
Shadbourne, Mrs. Arthur Swami. Mrs.
douglas Gilman, Mrs. G. Hermann
hlnnlcutt. Mrs. Peasants PENNINGTON.
MRS. Edward Moore. Mrs. Kermit
EHoosevelt Mrs. Darragh Park, Mrs. lie
GRAN Grlswold, Mrs. J. Howland Au-
chIncIoss, Mrs. Gordon Auchincloss,
MS. Ellot Cross, Mrs. John S. Rogers.
Mss Mss Dorothy Kane, Countess Otto
SSalm, Mrs. Thatcher NJ. Brown, Mrs.
Jay Could, Miss Ethel Richardson. Mrs.
Arnold Whitridgc, Miss Mabel Choatr,
Mrs. W. W. Ambcrg, Mrs. Marshall
I!c!d, Mrs. Oliver Fillcy and Mrs.
Clifford Cochran.
On Tuesday. April Is, Mrs. John T..
prc%cl jr. will be in charge, assisted
by Mrs. James l.. Banks, Mrs. Francis
Bradley, Mrs. Frederick johnson. Mrs.
Joseph Burden jr Mrs. Ernest Harrah.
NJ rs. Frank French, Mrs. Martin Sapor-
taS, Mrs. Juan Mayer, Mrs. Norman O.
Whitehouse, Mrs. Harold A. Hatch,
Mrs. Clarence E. Mack, Mrs. Thatcher
NJ. Brown, Mrs. Morton Schwartz, Mrs.
Daniel NJ. Goodrich, Miss G. Clendenin,
Miss r. Bloodgood, Mrs. Joseph n.
0hoate jr, Mrs Richardson Wyck, Mrs.
II, Wellman, Miss Roberta willard.
Miss Liebert and Mrs. Samuel Schiller.
On Wednesday, April 10, Mrs. Charles
carey Rumsey will be in charge, as
sisted by Mrs. Thatcher NJ. Brown, Mrs.
): Couper Lord, Mrs. Meredith Hare,
Mrs. Eliot Cross, Miss Frances Per-
klns, Mrs. w. W, Amberg. Mrs. Macolm
d. Whitman and Mrs. John S. Ellis
worth