davidaulloa/AmericanStories huggingface dataset:
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-03
ny I.EyEItrTT =. lyon


uN l.ENEltErr =. LYON
Professor Of Economies. School Of
Commercial Organization. Inivet.
siiy Of Chicago.
UNIVERSITY or CHICAGO. chi.
cage. Feb. 3.--uenry Ford's schems
appears 10 be proposal to secure
current and immediate liability by
fixed assets.
THIS grows out OF tho fact that
rrcenbaoks may be assumed To be
payable on demand. while obviously
public works ara not assets that can
be "cashed In Immediately
In theory this situation is always
considered a bad one. since supposed.
ly an immediate demand for iiauida.
ton OF such liabilities could not be
met.
In practice. however. II might well
be worked. In fact. often IL worked,
The whole theory Of Ford's pro
posai does not seem to be very DIFF.
fcrcnt from that which In behind all
banking.
The plan could. no doubt. be put
into effect n the government acts aa
intermediary. and takes the position
OF general guarnntor Of the green.
back. and also OF fiscal agent 10
see that the liabilities are constantly
shifted. and thus refunded ~ they
are called.
As matter OF fact. the '-pubiic
works ~ securities would BE- OF only
secondary Importance. unless the
amount OF the issue became extreme.
~ large.
The plan should have no direct 81.
feet upon the banking system. unless
the greenhacks were made legal for
reserve by tho federal reserve bank.
In which event there would be. In
time OF Industrial expansion. n new
possibility OF bank credit initiation.
At time like the present. how.
ever. when the banks have no trouble
in providing funds. there should be
no such effect
ff such plan ~ this were ua~d 90
promote public works that would not
otherwise be built. II would have
tendency to incrcaae purchasing
power In the hands OF consumers.
and thus lead TO buying. which should
stimulate business. and result In
more bank loans and an Increasing
price level.
II we assume that these public
works are 20 be built In any case.
this plap OF Henry Ford's nigh,
make II POSSIBLE to do the work with
out TAXATION
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-03
Salvation Army
Corps Head to Go

Adjuiant Fred Anderson. who has
been In charge OF Salvation Army
corps No. for nearly a year. viii
leave February IL 10 take up special
work Of the salvation army In Cali
fornia. A farewell social ls 10 be
held at III Olive at saturday at
s. y. m.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-03
Hy EDWIN u a. SIcIIGAfAN
McNirker Professor Of Political Eror
ssx.w N..i....t.. lf..l..~-ls-

Hf EDWIN u n. SIcIIGAfAN
McNrker Professor Of Political Econ
omy. Columbia University
COLUMBIA UNIVERSITY. New
York. Feb. s.--Iienry F'ord's plan
reflects more credit on his ingenuity
than on hia intelligence. But the in
gcnuity IA an abaufdiy mistaken In
genuity.
From time irnmemoriai enthusiasts
who are utterly ignorant OF tho ma,
ture and consequences of fiat money
have advanced such schemes.
The "assisnAts" Of tho French rev.
olution. which brought France To the
brink Of ruin. were precisely similar
to those now recommended by Mr..
Ford -greenbaoks secured BY public
property.
A long history OF rcciai disaster
and government bankruptcy has con
cluaivcly shown the iliusory charao
ter OF such security.
II In diaheartcning 70 find . man
Of Mr.. Ford's wealth advance ideas
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-03
WIN Of Of THEM tn M WIN
HERE'S HOW
No Money to CoIlect-No Money to Pay


o
Ito them
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-03
ny DIR w. A. SCOTT
Director Of Commerce Department.
university Of Wisconsin

ny DIR. w. A. SCOTT
Director Of Commerce Department.
university Of Wisconsin
On an Interview with n. E. A
Serviee)
UNIVERSITY or WISCONSIN.
Madison. Wis. Feb. ,,--There In no
sense in Henry Forts plan Of issuing
groenbaeks secured by public proper.
~ instead Of bonds to pay for public
works
There In absolutely no use In a..
tempting TO answer his plan. for on
it's fnce n shows him to be M ig.
norant OF money and banking and
tho function OF a standard of value as
a newborn babe. There Ia no mart
In the idea. and II has the same time
worn Disadvantages an flat money.
Ford thinks he can make a unit OF
power at Muscle Shoals tho same ~
a unit OF gold. That In impossible on
the face OF n. II you issue credit
currency. the figures on tho face Of
1, must mean something. our credit
currency m rede~mabis In no much
gold.
How could we have credit currency
redecmabie In 80 many units OF power
at Muscle siioals7 The very proposal
OF such plan shows that Ford In
absolutely ignorant OF the first prtn.
cipies OF the functions and uses OF u
standard Of value.
To point out all the defects In
Fori's proposed plan would use n
full Newspaper page. but the plan Ia
30 utterly worthless II doesn't even
merit a criticism.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-03

Oaugherty Wants to Learn
Why Producers Loss
Isn't Handed Down
ny LEO r. SACK

WASHINGTON, u. C.. Feb. a.
Why the great difference between
what the producer receives and
what the consumer paysr
Why the great difference in pusce
for identical articles. often In identh
cal communitiesf
These are some Of the questions
Attorney General paughcrty hopes
to answer In tho nationwide probe
Of food. fuel and clothing prices
Just getting under way.
Under the naugherty plan not
only win the federal government
take action. but also the state au-
thcrtties. To coordinate prosecu.
tions against the profitcers. likewise
the collection OF evidence. Daugh-
erty has requested attorney gen
| erals OF the as states. federal and
state. 10 assist him.
RETAILERS MAY
BE PROSECUTED
Al III retailers arc 10 blame. either
rs . result Of individual greed or
thru the action of price-fixing as
soctstions. Daugherty says prosecu-
structcd William J. Burns, boss de
tective for the government to get
the facts
The new year opens with no signs
81 reduction In the cost OF living.
Secretary OF Agriculture Wallace.
In statement. predicts that better
days are ahead for the farmer, but
he refused to predict whether there
would b lowering in costs for
the consumer. No other RESPONSE
Ole official makes such a prediction.
The department OF labor which
keeps tab on cost OF living figures
says its business is to report. not
TO forecast"
The department. however, points
TO its recent announcements which
Indicate that the cost OF living.
which tumbicd some early In 1891.
steadicd itself during the past SIX
months The department has Just
completed = survey OF December Is
prices turnout the nation as corn
pared with September is prices.
These figures have not been an
nounced Jet, but u In expected they
viii show comparatively little
change.
With hrm prices lower than IN
many years. with the memory OF
the lowest price cotton and wool
crops Of many years stili with pro-
ducers. with labor costs tumbiinx.
with European imports again reach.
ing American markets Attorney
General Daugherty believes some
thing Is radically wrong
The consumer does not Res sne
benefit Of these conditional he
saya Why nosf- He hopes 10
ind the answer.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-03

lie admitted, however. that reports
heard In senate corridors that he was
considering reaigning the chairman.
ship OF the important agriculture
committee were not without founda.
ton. II he does resign. Norris indi.
Gated. II win not bs Immediately.
with Kenyon gone and Norris 20
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-03

port OF Campfire work In other cities
will also be given
Queen Anne groups. numbering -,
will hold their community council
firc "Wednesday evening. February
rs. at $50. In tho basement OF the
Queen Anne Congregational church.
at ougsn Anne ave. and Caller It
The following changes are taking
place In tho personnel Of our groups:
Airs. John Nash Is taking over the
guardianship Of tho Tatohokiya
group on Queen Anne hin. Miss
f'iorcnco McCofnb In taking tho
group formerly under Miss Cecilia
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-03
Cam pfire
News, Notes
and Gossip

The scrlbcs win meet Saturday.
February 4. at headquarters. <iTi
Arcade building. A big turnout is
looked for and a very interesting
meeting has been planned
The senior guardians WIN hold
their regular monthly meeting Thurs.
day evening. February .. at head.
quarters. siTf Arcade buildlng. Miss
Brown win give a detailed report OF
Bringios have Just attended. A re-
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-03

ing. the Leadership OF the bloc may
shortly devolve upon senator Nc
Nary. oregon, who probably would
become chairman Of the agriculture
committee. McNary and genaior
capper. Kansas. bloc members said.
would be the logical candidates for
ehalrrnansbip OF tho bloc.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-03

NOTE-Outof-To Subscriptions must be paid in adva
soc per month
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-03

Finst~r. Mrs. q. A. Pickens In the
new guardian of the Onaway group.
Mrs. Harbough has taken Mrs. Harris
group. Miss Helen impccoven II
combining her group with the QuaEhi
group. whose former qua rdlan Was
Miss Florence Turner. Mrs. J. Joose
has taken Miss Helen clarkc's group
In the coe school Mrs. 4. NJ. Merry.
hew Ia taking over part Of the for.
mer SUM group. Miss MarrAr~t
Hu-f has taken tho group formerly
under Miss Ruth Andcrron. Mrs.
II. T. Wilson II taking a new group
at the First Methodist church Miss
Alice Knowles is taking a new group
at the School for the Dsaf.
The Junior guardians WIN meet q,
headquarters Tueniay. February -.
Al 4 .. m. while In Now York Miss
Brown had charge Of the Blue Bird
part OF the program and she In
bringing hack many new IDEAS for
work with blue Birds.
~----~---a-----a---4-------------
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-03

which can be easily refuted by every
high school student OF economics.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-03

Fompry collected 6oe lions for .
single festival exhibit
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-04-26
Aviator and Passenger Survive
After 5,OOO-Foot Plane Crash

Tho plane swung in circles of dimin-
isting area until its nose suddenly
pointed straight down, and the fall be
came cometlike. Within thousand
feet Of the Guttcnburg paddock q per-
pendicular trail of black smoke extend
ing far into the sky gave the impress
sion that the plane was on fire.
When apparently about to plunge to
the earth nose first the plane was seen
to straighten out and continue its
downward flight under partial control
1t struck rough ground in the paddock
at high speed, tearing away the under
body and throwing the pilot clear. Mar
quand, although injured, gained his
feet just as the machine after two huge
bounds plunged its nose IN soft earth
and came to a stop.
Two patrol wagons loaded with North
Bergen police started for the race track
when it WAS seen that the airpIane was
>out of control When they reached the
field several hundred men had congre-
gated in the vicinity. Papsuthis was
removed unconscious from the wreck
age. He was conscious for few min
utes while en- route to the hospital,
where he again relapsed into insensibil-
ity. He is believed to have suffered in
ternal injuries,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-04-26

Several thousand persons saw q four
passenger biplane fall 5000 feet to tho
racetrack at Guttcnburg, n. j., late yes
terday afternoon. The big ntachinc
straightcned out 500 feet from the
ground, but landed with a crash and
buried its nose four feet deep.
The plane was driven by its owner,
0. L. Marquard, of Far Rockaway, who
carried as his guest Christopher Pap
suthis, a neighbor. Papsuthis suffered
injuries from which he may die. Mar
guard was thrown forty feet from the
wreck and severely cut, but was able
to 20 10 his home after treatment in
North Hudson Hospital.
The plane left Hasbrouck Heights at
o'clock. Three mechanics had Just
finished tuning up the 130-horsepowe +
motor. Marquard is an experienced
aviator Ii was said after the accident
that he had driven the machine many
thousands of miles. When the plane
reached Mineola engine trouble dcvel-
oped, and Pilot Marquard swung around
before q high wind to return to Has
brouck At an altitude Of 5000 feet
over North Bergen the engine died and
it became necessary TO volplane for o
landing.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-04-26
Plane With Six
Lost in Flight 9
For Bahamas
Santa Maria, Holder Of
Long Distance Records
i'll Air, Fails To Reach
Nassau From Key West
One Woman OH Board
Fleet Of Naval Flyers to
Sweep Over Wide Area
in Search Of the Graf.
spec.d' Dispatch to The T,ib,las


MIAMI, Fla, April 25.-The flying
boat Santa Maria, with six persons
aboard, including one woman. which
left Key West az S o'clock Monday
morning for Nassau and never arrived,
is believed to be lost at sea.
Nothing has been heard Of the craft
since she left Key West, ard two
planes which searched the waters all
day reported late tonight that they
had not sighted the missing ship or
any wreckage.
Commander Albert Read, who arrived
here yesterday in command OF n feet
Of nine naval torpedo planes, was pre-
pairing tonight to send out every one
Of them in the morning to join the
search provided the winds permit To-
day lie dispatched one and that craft,
with the Ponce de Leon, sister ship
of the Santa Maria, covered several
hundred miles up and down the coast
and over to the Bahama group ana
back. At 1880 o'clock tonight the
naval plane put back here and re-
ported its search had failed, while a
wireless message from Nassau said the
Ponce de Leon was resting there for
the night, but had nothing to report
The Santa Maria is commercial
plane, owned by the Aero Marine Air
Ways Corporation of New York, which
operates planes out OF Miami and Key
West during the winter. The Santa
Maria set sail to bring from Nassau to
Miami C. D. Schiller, pilot of the
company. who was seriously injured in
an attack by Nassau thugs last Friday
They mistook him for prohibition
agent. He has since been unconscious
from a blood clot on the brain. To care
for Schiller the Santa Maria carried a
Key West physician and r pharmacist,
DR.. Eugene c. Lowe and Leslie A.
Curry, and a woman nurse OF Havana.
Pilots Ed Musick and E. G. Richardson
were in charge OF the ship.
Charles +. Redden. president Of the
Aeromarine Airways, said in New York
yesterday that the Santa Maria carried
enough provisions, both food and water,
a week. The ship also had signaling
devices to make known its position il
in distress, he said. Mr.. Rcdden ex-
pressed the belief that the plane might
have landed for repairs in the lee of
one of the islands lining the route be-
tween Miami and Nassau.
The Santa Maria holds the worlds
record for longdistance flying boats
Last summer it flew from Key West,
Fla, to Montreal. Canada, and Chicago,
then down the Mississippi to New Or
leans. Then it few to Key West,
where it resumed operations as part
of the fleet Of aeromarine airways
which has carried more than 10000
passengers without accidental total of
100000 miles in the last two seasons
ending April Is.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-04-26
Even Dynamite Fails to
Rouse That PIesiOsaurus
Lake Blasted, but He Doesn't
SO Much as Show His Tail
and Hunt Is Abandoned

CHOLf1A, Territory of Chubut, Ar
sentina, April 25 (By The Associated
Press>. - Martin Shetield's famous
plesiosaurus, if it ever existed, appears
TO have fed to parts unknown. The ex-
pedition recently sent out from Bucnos
Ayres under the leadership of Emilio
Frey. has been unable to locate The ami
nal after many nights Of watching and
hunting around the lake near EsQuel,
where Sheffield reported he had seen
such monster.
As last resort, Frey exploded eleven
cartridges Of dynamite in the lako last
Sunday, hoping this would force the
elusive prehistoric animal to the surface.
This effort was without result, however,
and the expedition is returning empty
handed
BUENOS AYRES, April % (By The
Associated Press) s).-Professor Clement
Onelli, director of the Buenos Ayres
Geological Garden, explained tonight
that the lake visited by the expedition
searching for plesiosaurus was not
the same lake where Martin Sheffield
asserted that he had seen some un-
known monster Professor Onell
added that the expedition would pro
ceed to the point Sheffield had indi
Gated tomorrow.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-04-26
hall Million Bonds Missing
Mysteriously M In Wall Street
lawyers Alter Sending Out Alarm Over Ticker,
refuse All Details; Liberty 41ls Property Of
brokerage House Client, Ii Is Announced

"Pre than half million dollars
wort" OF negotiable Liberty bonds were
missing from a downtown office yes
torday. Tho loss vaa reported through
tire law hrm OF Bigham, Englar G.
Jones, 6t Wall Street, who notified
banking and brokerage concerns Of the
loss on the stock ticker.
The missing bonds arc Of the 81
per cent issue. maturing 1888 -'3S, fifty
seven Of them being Of the $40 600 dc
nomination and twenty, four OF 1000
denomination.
Henry Bighsn, who caused the notice
to be cent out over the ticker, said last
night that he did not care to make
known the name Of the firm from whose
Office the bonds disappeared. Their
cffice, he said, was South Of Fulton
Street"
The bonds disappeared from our
clients Office Mr. Bigham said. eve
do rot know how they were lost they
arc just missing. The loss WAS discov-
cred only to-day, and 7 at once sent
the numbers of them over the ticker,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-04-26
City Advocates
La W estcllcster
Drop Sc y
II. Il. Barrett Calls ssccl-
ing of Old Board That
Took Initial Steps and
Pledges Full Publicity"
Denies Prearranged Plan
Rye Resident AssaiIs Under.
Cover Methods Adapted
and Points Out Dangers

The Tribune printed articles on Mon
day and yesterday dealing with the
project to make a city out Of the seat
tered cities, towns and villages of the
County of Westchestcr. The articles
bore fruit yesterday III n statement
that was issued at White Plains by
Henry II. Barrett, who is chairman Of
the Westchester County Government
Commission.
In the memory OF persons opposed To
the city plan this is the first state
ment for publication ever issued for
the commission. In it Mr. Barrett an
,.nounced that meeting of the commits
sion would be held this week for The
purpose Of selecting additional mem
bers and for reorganization, and that
thereafter regular meetings of the com
mission would be held and full pub
licity given" And, after all, that is
probably all any one in Westchester
County is likely to ask Of the commis-
sion-"full publicity"
Plan Urged Openly by Wallin
Mr.. Barrett in his statement also said
been discussed, so far as he knew. cx-
cept in the newspapers. About the
time he was issuing that statement
County Supervisor William d. Cameron.
of fonkers, and an opponent of the
scheme, was telephoning The Tribune.
He said if The Tribune was having diff
Guilty finding persons who would defend
the city of Westchester project it might
be glad to learn that former Mayor
E,ll 6
d member Of the commission of which
Mr.. Barrett is chairman, had delivered
! last summer three speeches in Yonkers
in favor Of the change. Two of these
we're in Public Schools and Is and
the other was at q lawn party at the
home of J. c. Bull, on Colonial HEIGHTS.
in Yonkers.
Here is the statement as Mr. Barrett
| issued it:
"Mr. Barrett said that he was not
| inclined to enter into d discussion Of
papers in regard to the City of West
chester, but he believed that the peo-
| pie who were interested in correct
| statement Of the facts were entitled
to know, briefly. that under the laws
| Of 1914 the Board of Supervisors
was authorized to appoint a commits
sion of seven. which was later appoint
ed and consisted OF four Republicans
and three Democrats-thc four Re
publicans being County Treasurer
Harry f. Colwell, former Senator ].
Mayhew Wainwright, Major Wallin
and Henry r. Barrett, and the Demo
Gratis, Clifford Couch, Of Pcekskill,
afterward chairman of the Democratic
County Committee; Daniel p. Hays,
of Pleasantvilc. and Edwin W. Fiskc,
Mayor of Mount Vernon.
"Mr. Barrett said: The comm lssi on
organized in the early part Of 1915
and had several meetings. and some
joint meetings with a similar commits
sion which had been appointed from
Nassau County, They made a report
to the Board of Supervisors in juno,
1915, stating that a practical study
disclosed that some constitutional
amendments were necessary to carry
out the study of the work referred to
them, and they made a report on June
7, 1915, which is found in the minutes
CONTINUED on page twsnty)
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-04-26
Daugherty Will Probe
Charges Against Drys
Alleged Violation of Corrupt
Practices Act in Campaigns
Laid TO League

WASHINGTON, April 25.-The De
partment Of Justice is making an in
vestigation of charges Of Representa-
tive Tinkham, Republican. of Massa-
chusetts, that the Anti-Saloon League
had failed TO make returns under the
corrupt practices act of expen ditures in
political campaigns and should be
prosecuted. Attorney General Daugh-
erty said to-day.
Representative Tinkham came to see
him Monday, Mr.. Daugherty said, and
left memorandum containing the
allegations, which was turned over to
Assistant Attorney General Crum.
If the disclosures warrant criminal
prosecution he added, the Anti-Saloon
League will be prosecuted "as would
any other violator of the law
The Anti Saloon League will be
granted a hearing on the case "if it
wants 10 be heard the Attorney Cen
eral said.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-04-26
Hit by Trains 3 Times; Safe
Chicago Man Only Bruised in
Unusual Accident
Special Dispatch TO The TRIBUNE

SYRACUSE, n. Y, April 25.-Daniel
Taylor. of 4426 Langley Avenue, Chi
cago, was struck three times by two
trains in the New York Central station
here this afternoon and was only
slightly hurt. His injuries consist only
of bruises.
Taylor was crossing the tracks to
board a train when another train com
ing on the adjoining track struck and
threw him against the first train. He
bounded back and struck the other
train and bounded back again to the
first train. AS soon as they had passed
railroad men ran to his assistance and
hurried him to hospital.