davidaulloa/AmericanStories huggingface dataset:
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1922-09-13

one source IT from any one class. Our present revenue laws as a whole
are discriminatory. It will not be many years before the sources of tax
alton will be dried up to such a extent, and principally through the ever
increasing issue of tax-exempt securities, that even the present DIRECTORS
TO a sales tax will be demanding it. If all the members of congress who
believe a sales tax is the proper solution of our revenue legislation would
vote for it, we could, in my opinion, before the close of the next session
of congress, make it a part of our revenue laws.
l take this occasion to warn the laboring men, the farmers and the
active, energetic, Independent business men and manufacturers of Amer
lea against the disastrous results affecting the future revenue receipts
of our government if restrictions are not placed upon the issues Of future
tax-exempt securities. The regular annual revenues will not only be
affected, but the revenue received from estate taxes will diminish to a
minimum. The wealthy of our country need no one to tell them how to
protect themselves against taxation under existing laws. If they have a
wealth sufficient to provide for themselves and dependents they are guar
anteed against federal and state taxation, both as to income and inheri-
lance taxes, by the transfer of their holdings into tax-exempt securities,
and at the same time they take from the channels of legitimate business
that amount Of capital that is SO necessary to the natural growth and
development of our industrial life, also depnving our laboring men of
needed employment.
The ease with which tax-exempt securities re disposed of has been
the means of many of the states going headlong into debt. The money
came easily and was spent exhayaganhy, and from now OIL the interest
on the bonds will be a heavy added burden to the already overburdened
taxpayers. l hope to remain in the senate long enough to see this mon
strous evil corrected.
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1922-09-13
EixInn Aids Depression.

One sanatorium Is giving its patients
a half hours flight In an airplane each
day as a trectES>. sc- =e@.al depres-
sion
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1922-09-13
Sex INSTRUMENTATION and Unwholesome
Impressions in Formative Years
By DIR j. M. ExNER. American Social Hygiene Assn.

A study of 9S college men revealed that the vast majority of them
received their first permanent impressions of sex at a very early age and
that for the most part these impressions came from distinctly unwhole-
some sources, This transformation and these unwhoesome impressions
during the formative years of childhood and youth, left uncorrected,
explain why we find the subject of sex unduly occupying the foreground
of the consciousness of students.
In promoting sex education in colleges the aim is not to introduce
special courses under special teachers. The purpose is rather to bring
about adequate treatment of the subject in a natural, constructive way
as an integral part of the broader subjects to which sex has a natural. rela-
ton, with a view to normaizng consciousness and attitude with respect
to sex and to furnishing such an understanding, Interpretation and valua-
ton of the subject as will enable students to adjust it satisfyingly to q
social philosophy of life.
j. r. Kelton, Principal of Amsterdam IN. W High Sehool-The
powdered beak or dimpled knee won't send any more to the bow-wows
than did the styles when we saw less and thought more.
Charles T. Thwing, President Emeritus Western Reserve Uniyer-
sty-Our manners lack dignity, pose, sef-rspeet, a respect for LIES
eanchties."
Rev. Burton ?. Holt, Gassed in the Argonne-The most serious
grievance of the disabled soldier is the refusal of the authorities to allow
him to see the record of his disability and how i was treated
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1922-09-13
Hiuh Frequency.

In the ordinary house alternating
current the current changes usually
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1922-09-13

The bears best friend is C. G. Ire
vey, their chef at the National 20
illogical park In Washington for ten
years, who never fails to bake bread
for them daily. And they are not dainty
eaters, either, says Treyey, for 300
loaves a day are baked for them. The
photographer caught Treyey kneading
the dough preparatory to the "big
bake"
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1922-09-13
If Restrictions Are Not Placed Upon Issues Of
Tax-Exempt Securities
By SENATOR REED sMoor. in New York Times.
I predict that both a bonus act and a service per

predict that both a bonus act and a service PEN
sion act will be in force perhaps within ten years, and
no doubt the aforementioned act within a much shorter
time. The burden of a bonus bill, if passed, will be
a bagatelle compared with what the service pension
act will be. | have been considering The question OF
late as to how best to raise the necessary amount of
money to meet the government expenses in the least
burdensome way for the taxpayers.
1t must be quite evident to all that future taxa
tinn must be oeneral. 1t cannot be COLLECTED from any
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1922-09-13

sas7s751sz5
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1922-09-13

Charles 4. Thwing, President Emeritus Western Reserve I'm
ity-Our manners lack dignity, pose, ~selfrespect, a respect for
-u4,t;no -
The Washington herald., 1922-08-20

now come 1t once. But thers re-
malns America. n only wo wou1d
make > single gesture, the so1utioh
would appear. Until hope Of -such
- sUesturs disappears. utterly and
nothing yet has been able to de-
stroy II. the international politiceI
market may be supported. held up
~ main force. In . word. adjourn
n1ent 1T London was taken with
Warrington In mind. II Washington
falls to open fits hospitabfe gates
then we shail see the deluge.
But before such refusal il accept
ed as fnai some months win pass
and every Interested American
should henceforth watch the prog
ress OF the campaign for the WASH
ington sessions. He should not
only watch but understand that the
hnai stage in the series Of events
which began at Paris il in sight.
( As close this article Poincare 10
still In London and the decision OF
the conference Il stin withheld.
Yet the character Of such agree :
msnt az remains. possible has been
fully indicateJ We are promised
one more compromise between the
British and the French views and.
since as usual the two views are
diametricary opposed. the confer
ence compromise promises a mega
tion Of each nations policy. not a
viabie solution. The short repara-
tions. which the BRITISH insist upon.
the control of German customs
The Washington herald., 1922-08-20

|thsy wsfs not. After ths BsIfour
1,pte Il &es clear that London
would Only mean further jock Sying.
not 10 obtaia< results but TO s4tisfy|
tn eonoeptiouS u The several pnb-l
Hes 80 whom the stte1dnnt prime
nipipteEs were re6bopsthle.
HaxA ta13sy- ps1ays settIssaent. g
sIn. the svil days Of the war We
used to say that time ran against
the enemy AZ II turned opt we
were not infrequent1y wrong. for
tins changed sides on seversi oc-
.casions. But now time runs against
the statesmen. Each conferences
pottpones settlement and aims At
Etvtng the impression Of progress.
But Of actual progrsss there 10
none. Cannes led to Gefoa and
Genoa to The Hague, but from no
one OF the three did any practical
result dowe Each Vas battle for
points. contest ito put the re-
eapo9sibility for conditions which
Eremained static. or even grew
Ehteadily y Worse, upon the sopponent.
But in the end, no matter who
|. technically bears the responsibil-
ity. Il the process continues the
crash VIII .,eifake the s.a.s.n,.n q
..iit ht conference.
ence exhausts the. hope that Europe
can by, . compromise and division
OF sacrifice find solution Of the
German problem. But for 4 single
other possibility the crash would
The Washington herald., 1922-08-20

which the French ask, uo6i1sd n
many respects TO suit Brftfsh l1oao.
these results II .nn>1ly achieved
mean nothing. - =
II would seen now that London
yh mot bring an Ancio-Erenc
rupture. The two opponents vii
adjourn 70 meet again, faving nxed
up something wnich wnl At last
endure for a few weeks. But =
settlement Of anything n inpos-
sifie. while the two main facsoiz
reduction Of reparatfons, and clim-
ination, of inter-allied debts remain
TO be faced. Enough may be done
to make q favorable Impression
necessary TO Lloyd George because
Of his approaching election, neces-
sary to Poincare, because Of the
temper OF his chamber. the rest
must walt until one Of two things
happens-namely q German crash
or an American conferences
But even an Angio-French rup-
ture now would have more appar-
ent than real conseQuences. The
entente exists In name only. the
reality 10 that whenever Britons
and French meet In an fnternation-
al conference the policies Of one
neatly paralyse those OF the other,
The German situation drifts surely
toward the Inevitable end and the
allies adjourn to meet again in new
discord and end In fresh paralysis
London. then. In either event, IA nc
more than an episode
(cspyright. lD14.1
The Washington herald., 1922-08-20

MEXICO CRY. AuE- 1o~-EDesni
nshiue and hunfinE - be1ux cnfr<ed
on In . iarEe scale along - guff
coast Of nexico BY pirate p1tys ac-
cording 70 report TO the MIaBtry
Of War and Marine -
The principal places of operation
are along the cost Of rucatan.
Tabasco and Campeche.
The principal game 10 turtle meat
ana the tortoise shell and the largo
white crane from which arc secured
aigrettes
Because the illegal hunting and
nshins 10 increasing rapidly. troops
stationed along the coast have been
ordered to act.
The Washington herald., 1922-08-20
FINDS NORTH POLE
MOVED Is METERS

BERLIN. Aug. 10. - Professor
schnauder In Potsdam has made the
discovery that IN the last few years
the north pole has come nfteen
meters nearer to the Potsdam OBJ
servatory. This is said 20 confirm
measurement made In California
The American observations. how
ever. were that the pole had moved
five meters in seventeen years.
The Washington herald., 1922-08-20

FLOWERS VIA TELEGRAPH"-Give
Guide your order for flowers back home
I21kr.-Adv.
The Washington herald., 1922-08-20
Sees solution In Loan.

II you could arrive at a point
where reparations became the ques-
tion of the funding by means of
international loans of a German
obligation of. say twelve billions.
IL you could eliminate the vast sums
which France and Italy, owe their
allies, sums which they must COL
lect from Germany, IL they are to
pay, II you could be assured OF
German Willingness to strive In
good faith 10 meet these restricted
burdens. then you. would arrive
somewhere. Then, as q first step,
German bonds might be- sold by In
ternational bankers and the pro-
ceeds divided between Germany and
France to meet the pressing neces-
stiles Of each.
But q moratorium, whether for
months or for years. can have little
real value Ii IL Is merely q post
ponement of q crisis and II everyone
perceives that at the end Of the
time fixed by all the old problems
will recur. II the reparations mort
gage hangs over Germany In Its
present state. II the allied claims
hang over France, Belgium and
Italy at their. present hgure. then
one may gain time. but one cannot
establish confidence and without
confidence there can pe no ultimate
escape from the crash.
But consider the political situa-
tion as II 10. Any German fninistry
which actually undertook to comply
with allied terms and endeavored to
The New York herald., 1922-08-25
BUSINESS NOTES
AND TRADE NEWS
Gray Goods Market Becomes
Less Active, but Prices
Continue Firm.

There was some abatement in activ-
ity in the local gray goods market yes
terday. although quotations were gen.
orally unchanged. Except in case OF
necessity. buyers are not willing to pay
the new high prices established earlier
in the week Until buyers have be-
come reconclled 10 the higher prices. a
prominent commission house said, there
can be no substantial revival In buy
ing. Despite the fact that buyers are
showing stubborn resistance to the pre-
vailing price levels. the factor asserted,
there is every likelihood of values
climbing to higher ground. In view of
the higher primary market. The ask
ing price for the standard 3Sis inch,
64-60 print cloths was S9s cents. although
instances of sales at sIs cents were
heard of. Holders continued to de-
mand 9ss cents for the 6s-72s. Prices
obtaining in sheetings held firm, but
transactions in these constructions
We're of small volume. Mills are quite
determined in their asking prices and
believe that prices are at the bottom.
The New York herald., 1922-08-25
Farm Sections Buying Motors.

Reports from various sections Of the
country show logical midsummer
stagnation Of passenger car sales in tho
larger industrial and mercantile cities.
but buying Is gaining In the agricultural
sections, says Automotpc Industries
Indications are strong that unless a con-
tinuance Of the railroad difficulty ad-
versely affects general business condi-
tions the countrys automobile makers
ard merchants will have fall and
early winter business vigorously hold
ing its own. on a basis OF season COM
parison, with the huge sales of the
spring and summer. The price reduc-
tion furry apparently is all over. Cen
orally indications confirm the earlier
forecast that manufacturers whose
quantity production justified lower prices
without sacrificing fair profits have set
their lists for the remainder Of the year
and that the rest OF the builders win
rely on new models or public accept
ance Of current models for their sales
appeal from now until the 1928 shows.
New models for 1928 are making their
appearance every week.
The New York herald., 1922-08-25
Raw silk Quiet but Firm.

Tho local raw silk market shows a
slightly better tone and prices are
firmer. though stiil somewhat below
quotations on the primary markets, says
IT, T.. Gwaltcr q Co.'S review. Inquiries
from the mills are getting more numer-
Gus. and while buyers generally continue
to operate in hand 70 mouth fashion
they are showing decidedly more inter-
est and daily transactions aggregate a
respectable total. Cheap offerings below
the market are disappearing. particu-
larly I'm coarse sizes. which are eagerly
sought after, and yellow sorts are held
at is cents above the price Of white
silks. The Yomohama market IS de-
cidedly stronger and under resumed ac-
tive buying for American account prices
have advanced from 30 20 35 yen. TIE
Canton market remains firm, with prices
unchanged at las3 quotations, which,
however, are rather above buyers ideas
here. The Shanghai market Is dull,
while the Milan market is reported un-
changed with a little business being
transacted.
The New York herald., 1922-08-25
Purchasing Reaches High Point.

Retailers throughout the country last
week purchased more merchandise from
wholesalers and manufacturers than in
any other week since April. 1920 ac-
cording to the Credit Clearing House's 5
weekly report. Purchases showed a
gain Of 81 per cent. over the preceding
week and "a per cent. over the same
week year ago. Indebtedness fell of
3 per cent from the previous week. but
registered gain OF 6.3 per cent. over
last year. There was decrease In
payments of 90 per cent, while COM
pared to the same week a year ago the
drop was 9.4 per cent. Purchasing In
the North agricultural section showed
the largest gain over the preceding week.
the percentage being 10. The mountain
section showed the largest reduction IN
Indebtedness, having lowered it 9.5 per
cent. Payments in the Pacific coast
section increased 1913 per cent. the larg-
est gain for any section. In the East
section. despite the strikes. there were
increased purchasing. better payments
and less Indebtedness.
The New York herald., 1922-08-25
LIFTING OF EMBARGO
in INDIA SAGS WHEAT
Prices Close Lower After
Rapid Fluctuations - Corn
Is Busy for All Grain.

CHICAGO. Aug. 24.--Whcat prices
nuctuated rapidly within a narrow
range to-day The start was weak.
in symrathy with lower quotations
at Liverpool and the break in for
eign exchange, but prices advanced
sharply later on short covering and some
general buying induced by the strength
in corn. At the finish wheat was easier
and showed a net loss of kc to 1Ac.,
with September $1.01N to $1.01A. and
December $1.o27s to $1.03. Corn varied
from Bc down to lsc. up. Oats were
unchanged to Ac. higher. Provisions
ranged from 2tac. to 25c advance.
Permission being given by the Indian
Government to export 100000 bushels
OF wheat was a primary factor In the
selling toward the finish in wheat. Re-
ports regarding the European export de-
mand were conflicting, with indications
of more business being done than gem
orally was admitted. Strength in corn.
however, was the dominating factor in
all grains.
"A bull market was on in the deferred
deliveries OF corn, the market showing a
strong undertone throughout despite
the weakness in wheat. The Govern
ment detailed weekly report confirmed
more or less damage reports from vari-
Gus parts of the corn belt, especially in
tho Southwest and Nebraska This,
with continued hot and dry weather in
Kansas. was the main influence In maxi
ing the bulge. Oats were dull and fol-
lowed corn. Provisions averaged higher
because OF better Liverpool cables the
bulge in corn and higher prices for hogs.
CHICAGO PRICES.
The New York herald., 1922-08-25
worsted Yarn Trade Hopeful.

Although business in worsted yarns
continues small, the increasing number
of inquiries has encouraged the belief
in the manufacturing trade that the inn
mediate future holds greater business.
All yarn consuming industries are mani
Testing more interest in the market, al
though they are not committing them
selves much beyond their exact require
ments. Stocks In their hands are said
to be nearing depletion and buying for
replenishment is expected to start soon.
The steady Improvement In the worsted
trade. largely due to the attractive prices
named, is also expected to be reflected
in the yarn market. A fair demand con-
tinues to be received from the knitting
trade. Buyers show reluctance to pay
prevailing prices despite the fact that
present values are said TO be below re-
placement costs. An Increase in de-
mand, 1t is said, will cause an upturn
In prices.
The New York herald., 1922-08-25
Burlap Prices Ascend.

The local burlap market displayed
renewed activity yesterday and prices
registered advances. Asking prices for
light Weights were advanced to 59S
cents and for heavy weights $50 cents
Buying was largely centered on spot
and nearby positions, with little interest
manifested in future positions An in
creased demand for burlap for use IN
packing grain and other commodities
was reported by local brokers. There
was a light demand from spectators.
who for the most part are following
the market quite closely. Reports from
the Calcutta market told of heightened
activity and substantial gains In quo
tations. A prominent broker looks for
continuance OF increasing activity in
the local market. Stocks are small. :"
he said. "and mills will soon come into
the market for burlap In preparation
for the regular harvest period"
The New York herald., 1922-08-25
SATISFIED JUDGMENTS

Tho first name Is that of the debtor, the
second that Of tho creditor and date when
judgment was filed:
NEW YORK COUNTY
The New York herald., 1922-08-25
nIY1nrSns ANn rNrrRrsr.

TIiE MONTANA FONhk tOMFANN.
pREFERREp STOCK DIVIDEND No. 40.
a regular quarterly dividend of one and
three quarters per cent. dMedl On the Pre-
ferred stock has been declared, payable octo-
Der 2nd 1929. to stockholders % record a.
the close Of business on September ~, la-&.
COMMON STOCK DIVIDEND NO, 40.
A dividend or three-uuarters Of one per
cent tatct) On the Common stock has been
declared. payable october 2nd. 1922, 70 stock
holders OF record AZ the close e. business on
geptenbcr I'd. 1927 Cheeks VIII be mailed.
WALTER BUTTON, Treasurer
o5 broadway. New York.
The New York herald., 1922-08-25
ELECTIONS AND MEETINGS.
THE CHESAPEAKE AND OHIO
RAILWAY COMPANY

Notice OF special stockholders Meeting
Richmond, Va. August Is. lO22.
NOTICE Is HEREBY GIVEN that Spe-
cial Meeting Of the Stockholders Of Tho
Chesapeake and Ohio Railway Company has
been called by the Board of Directors OF
said Company 70 be held at the principal
office or the Company. III the CRY of lsich-
mond, Virginia. Tuesday. the 26th day
OF September, 1922. at II 100 O'Clock A. M.
for the following purposes:
(a) To consider and act upon a pro-
posal 10 increase the Companys capital
stock by the addition thepoto Of stock
IN the par amount of S30.00O,c00 10 be
divided into 100000 shares Of the par
value OF 500 each, so ~ 70 make the
total authorized par amount of such
capital stock $751;, 100000. consisting cf
l,s50.000 shares Of tie par value Of 500
each. such increase Of capital stock to
be Of such class or classes, with such
designations, preferences and voting
powers, or restrictions or qualifications
thereof as the stockholders at said
meeting shall determine or authorize
and specifically. without limiting the
generality Of the foregoing, 70 consider
and act upon a proposal that the addl-
tlonai capital stock be in thee first In
stance preferred stock. and that the
same, or any thereof. may be converubls
into common stock:
(b) To authorize the Board OF D;-
rectors of the Company from time TO
time to issue and 10 dispose or suca
board may In the exercise OF its lawful
discretion determine
tcl 10 rabfy ana confirm 5uch action
theretofore taken or authorized by said
Board IN anticipation Of such action ~
the stockholders, as may be submitted
TO the meeting, and 10 take such other
and further action in the premises, In
cluding the authorization OF any neoes-
sary or appropriate amendment or
amendments OF the charter Of the Com
pany. as the stockholders al the meet
ing may determine; and
cd /'or the transaction OF such other
business as may properly come before
the meeting.
For the purpose 81 the meeting the stock
transfer books win be closed at =. VI.
on Friday September /. 1922, and remain
closed until 10 4. NJ. on Wednesday, Sep
tember 81. 1922.
BD Order Of the Board 81 Directors
A. TRENVETT, Secretary.
The New York herald., 1922-08-25
NOTICE or SPECIAL
STOCKHOLDERS MEETINGS or
The Bank of NelU York
New York. August 81. 1929.
To the Stockholders of
THE BANK OF NEW YORK:

]. A special meeting Of the stockholders OF
Ihe Bank Of New York viii be held at the
office OF the bank. as Wall Street. New York
city. on September I. 1922 at ten o'clock
A. M, Tor the purpose OF voting upon an
agreement made between The Bank Of New
York and New York Life Insurance and Trust
company, pursuant 10 the Banking Law OF
the state Of New York, for the merger OF
The Bank Of New York into New York Life
Insurance and Trust Company 10 be known
thereafter as Bank OF New York and Trust
Company.
2. special meeting or the stockholders Of
The Bank OF New York VIII be held at the
office Of the bank, AZ Wall Street. New York
City, on September 7, 1922, at eleven o'clock
a. NJ, for the purpose Of authorizing the In
crease or the capital stock of The Bank Of
New York, from Two Million Dollars $1,000
0uO), the present authorized amount, consist
Ing OF Twenty Thousand (20.000) shares Of
the par value Of One Hundred Dollars (xI0OD
each, to Two Million Five Hundred Thousand
Dollars (S2 800 00U), consisting of Twenty
live Thousand (23. COO shares Of the par
value OF One Hundred Dollars (Si00) each.
The transfer books Of The Bank of New
York viii be closed at the close of business
September .. 1922. and re-opened at the OPEN
Ing OF business September s. 1922.
BY order OF the Board OF Directors.
HERBERT L. GRIGGs.
,--,r,r.x-~. President
Cashier.