davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-08-20
Major-Gen. Bullard and Count
and Countess de BustillO
Among Voyagers.

The French liner I,aris returned yes
terday with $40 passengers and many
notable persons from all walks Of life
were included among the 223 in the first
cabin
Among those arriving were Richard Z.
Dwight. who have been abroad since
June. Mr.. Dwight was most pessimistic
regarding present conditions abroad.
Poland, he said. is rapidly being over
whelmed by the political chaos which
has taken place in that country, and
Czecho-Slovakia is being torn by racial
antagonism, although prospering in a
business way. Jugo-Slavia is probably
the best situated county of the near
East. he said. and gives every evidence
of being one of the most stable govern
nents.
War is talked of in the Balkans
every hour, Mr.. Dwight said. but that
was all 1t amounted to as the Allied
Powers would not permit any sort OF
outbreak there Speaking of the Serbian
army. which he saw In review Mr..
Dwight praised the type Of men in the
service and said that the cavalry was
probably the finest in the world.
| Miss Ina Claire returned from a six
week trip through Europe and was me,
at the pier by her husband, George
Whitaker. She announced that sh,
would appear In new comedy by Ar
thur Richman. known as The Awfu
Truth" and begin rehearsals immed
lately. The play will open at Henr,
| Miller Theatre, she said. and will bt
under the direction of Gilbert Miller
acting for the Charles Frohman enter
pri5es.
Messmore Kendall. head of the Capito
Theatre corporation, returned with hi:
daughter. Miss Elizabeth Kendall from
| a business trip abroad and said tha'
European motion picture shows could no
begin TO compare with those presented II
the United states. He brought back {
high powered Hispano-Suiza automobile
but said he would dispose of it ITO som,
young fellow" as 1t was too fast for him
Ernst Rapee. conductor OF the Capito
Theatre orchestra. also returned on tn,
The New York herald., 1922-08-20

ship after vacation spent at his former
home in Hungary.
Something novel in the way OF I'M
ported dresses was worn by Mrs. G. Il.
Williamson of Forest Hills. who returned
on the Paris with her husband and
daughter. The dress was OF woven tri-
cot and had rectangular panels which
depicted the life of Cleopatra. The girdle
of the gown was of metal and in the
shape of an asp, the head of which was
the buckle of the girdle.
Others on board the Paris were Major
Gen. Robert Lee Bullard Commander of
the Second Corps Area, who returned
Nth his daughter and was taken off at
Quarantine Count Edouard Glennison,
Belgian Commissioner; Count and Coun-
tess de Bustillo. Hello Bobo, Brazilian
Consul in New York; Mile. Yvonne
Georgis. French singer; Mrs. David
Belasco and Margaret Josephine Penick.
Mrs. Christine McIiugh returned
bringing advanced styles of dresses and
millinery which she said were the most
unusual things she had seen In some
time. She said that French modistes
/ were making attempts which were BIZ
zarre but probably would not last.
The New York herald., 1922-08-20
"GooD MORNING, DEARIE.,

engagement OF Good Morning. Dearie, 4"
at the Globe Theater. At the end OF this
week. the forty-third In New FORK,
Good Morning, Dearie' viii leave
Broadway for an engagement at the
Colonial Theater, Chicago. The farewell
performances will see Miss Louise
Groody, Oscar Shaw. Harland Dixon.
Miss Ada Lewis, William Kent, John
Price Jones. Miss Marie Callahan. John
ScanneIl and the Sixteen Sunshine Girls
in their accustomed places.
The New York herald., 1922-08-20

Countess Cardelli, Major p. A. Curry,
manager OF the White Star Dominion
Line for Canada, and Jurien Thayer, a
young opera singer. were also on board.
Other passengers included Mrs.
Charles M. Post. Mr.. and Mrs. Charles
a. Baldwin. Cass Gilbert, Mrs Paul
Bartlett, Mr.. and Mrs H. a. Wilson,
Louis ]. Phelps. Mrs. Edward kirkpat-
rick of Washington and number or
other society folk from various cities.
The National leader., 1922-07-01
Federal Trade Commission Makes Authorized by Resolution of Senate
Introduced by Ladd, North

in grain, as we'll exporting it. They sometimes
make money in these gambling operations, and
sometimes lose. There are transactions in futures
"hedging," which less legitimate.
They made for the protection of elevators,
sort of insurance against fluctuations in price, But
the exporters future transactions not confined
to that kind of trading. Says the trade commission:
''Profts are shown both including and ex-
Guiding gains Or losses from transactions in
futures These transactions were generally
hedges employed to reduce the business risks,
but apparently to some extent they were pure
ly speculative ventures"
In contrast with the huge profits of the export
ers, their investment in the business is very small
the commission finds They work largely on bor-
rowed money. Following is another part of the
report:
"In the business of exporting. grain as conducted
at the present time in this country there is very
little fixed investment in plant; almost all the funds
employed being in liquid form and large proper
tion generally borrowed. For 26 companies, ex-
porting 900 bushels of wheat in 1921, or
about 80 per cent of the total quantity exported,
the total funds employed aggregated $51, Ill 600,
of which $25,010000 was borrowed. These 26 COM
The National leader., 1922-07-01

lures for exporters were relatively small in 1920
and relatively large in 1921.
y "The average rates of return on capital stock,
surplus and reserves, excluding gains losses on
futures, almost So per cent in 1920 while there
was loss Of over per cent in 1921
TOLL PER BUSHEL VARIES,
ACCORDING TO REPORT
"The earnings of these companies (including
gains losses in futures trading) on the total
funds employed in the business, including capital
stock, surplus, reserves and borrowed money, av-
eraged almost 29 per cent in 1920 and 10 per cent
in 1921"
The toll per bushel levied by exporters varies.
On this point the commission says:
'The average profit per bushel varied greatly
for different grains and it generally larger in
1920 than in 1921 for exporters The average profit
for wheat, excluding gains or losses on futures,
cents per bushel in 1920 and only three
tenths of cent in 1921.
"There was on the average small loss per bu-
shell on wheat futures in 1920 and profit of al
most 2.5 cents per bushel in the following year.
The total average profit, on wheat including fu-
lures, was ~ cents per bushel in 1920 and 2.7
The National leader., 1922-07-01

panies had net earnings (before payment of inter-
est federal taxes) of $11 479,000 of which $2,
100000 was payable as interest.
''The grain export merchant stores such grain as
he holds in public warehouses and often sells again
in brief interval, and even the same day. This
is shown by the fact that for grain exporting COM
panies whose records were examined, the annual
turnover of capital Capital Stock surplus and re-
serves) indicated by sales was 23 times in 1920,
and 81 times in 1921, while for exporters and "fob
bers" combined, the annual turnover in 1920 22
times, and in 1921 nearly 27 times.
"The books of 80 companies exporting nearly
275,OO0,00O bushels of wheat, 80 per cent of the
total shipped from the United States in the caen-
dar year 1921, were examined; five of these COM
panies, exporting about lie, 900 bushels,
American branches of foreign houses and their
books and records in this country did not show
their profits.
"The average profits of 18 companies, whose
principal business exporting for their business
year (including gains or losses transactions in
futures), So per cent on their capital stock,
surplus and reserves in 1920 and 80 per cent in
1921. The average profits from TRANSACTIONS in fu-
PAGE TEN
The National leader., 1922-07-01

its past exposures Of The monopoly and prohteer-
ing of the packers, of the grain exchanges and
other big business institutions, this time reports
on the export grain trade. It shows the huge prof
it's and control of the MARKET and the toll levied
on the farmers products after they pass out of the
producers hands
The trade commissions report, by the way, is
made in accordance with resolution introduced by
Senator Ladd Nonpartisan Lacquer from North
Dakota, and passed by the senate. So you can
chalk up another merit mark after the of the
fighting North Dakota Lacquer.
That there is big profit in the grain exporting
business demonstrated during the war, when
the United States grain corpol alton took the
business Before considering what the trade
mission found to be the facts in regard to private
exporting firms, it may be well to consider what
it reports the United States grain corporation did,
The National leader., 1922-07-01

"The United States grain
corporation handled most of
the wheat sold for export for
the period September 1, 1917
June 80, 1920. During the fis-
cal year ending June 80, 1919,
it. sold 173,45O,OOO bushels of
wheat for export, and in the
following year 97,870,O0O bu-
shells. Although the grain cor
poration was not organized
for profit, it added a small
percentage to the cost of sales
to cover expenses. The total
net profits from all sources for
the period September 1, 1917,
to the end of February, 1921,
amounted to approximately
$51, 100000. The rate of earn
ings on the total funds en-
ployed was about 10.5 per cent
for the fiscal year ending June
80, 1919, and not quite 3 per
cent for the following year,
ending June 80, 1929 (includ-
ing minor closing-out transac-
tions just following that date).
"The profit for the grain
corporation was, for wheat, the
principal grain handled, a little
over a cents per bushel for the
whole period prior to June 30,
1919, and somewhat less than
3 cents per bushel in the sub
The National leader., 1922-07-01

sequent period, which was little over IL months"
That is what the government itself did. Now
to what che private exporters doing. Says the
commission:
PROFITS OF COMPANIES BIG,
TRADE COMMISSION FINDS
"The average net profits of 10 companies,
whose principal business was exporting (in-
cluding gains losses on transactions in fu-
tures) were SO per cent their capital stock,
surplus and reserves in 1920 and 80 per cent
in 1921. The earnings of these companies
on the total funds employed in the business,
including capital stock, surplus, reserves and
borrowed money, averaged about 29 per cent
in 1920 and 19 per cent in 1921"
This isn't so bad, especially in comparison with
what the farmer makes raising grain. The report
proves what every investigation of the distributing
system has always proved-that "hahdlng" the
products of the farm is excessively profitable while
the "mere matter" of sowing, growing and harvest
ing pays practically nothing.
x The above quotation from the commissions re-
port mentions future trading. It seems from the
report that exporters in the habit Of gambling
The National leader., 1922-07-01

handled by foreign houses with branches in this
country and by American concerns wholly or partly
foreign owned For example, in 1921, two foreign
concerns with branches in this country exported
slightly thaa one-fourth of all the domestic
and Canadian wheat shipped from United States
ports, while IA concerns owned or controlled by
fol egn investors exported 3s per cent of that
total.
"There were three especially important groups
of domestic-controlled companies engaged in the
grain exporting business in 1921, VIZ: the Gray
Rosenbaum group consisting of P. N. Gray & Co.,
Inc, the J. Rosenbaum Grain company and the
Gray -Rosenbaum Grain company, jointly owned
by the first two companies; the Rosenbaurn-A Armour
group which included E. F. Rosenbaum, the Armour
Grain company, and the Peoples Industrial Trad
ing corporation, in which important interest was
held by the former two interests; and the Barnes
Ames group composed of the Barnes-Ames COM
pany and it's subsidiaries. "
"The first two loosely-interrelated groups to-
gether exported almost Al 900 bushels nearly
IL per cent of the total domestic and Canadian
wheat exported from this country in 1921 while the
third group exported almost 17,350,000 bushels Of
The National leader., 1922-07-01
Washington Bureau,
National Leader

HE federal trade commission has just
made another report which will not
increase it's standing among the big
business representatives who have
been trying for years to have it abol-
ished. The commission, famous for
The National leader., 1922-07-01

Genus per DuSnel Cne following
year. On rye, the exporters on
an average made a profit of
2.7 cents per bushel, excluding
gains or losses on futures, in
1920, and only six-tenths Of 1
cent per bushel in 1921.
"The average profit, includ-
ing gains or losses on futures,
was a little over A cents per
bushel on rye in the former
year, while there was no
change for 1921. The export
ers made on the average, a
profit per bushel, on corn, ex-
cluding gains or losses on fu-
lures, Of 1.2 cents in 1920, and
a loss of 1.3 cents in 1921.
There was an average loss on
corn of 2.6 cents per bushel on
futures ir 1920, and a profit
of Ia cents per bushel in 1921,
which gave a net loss, includ-
ing futures, of Ia cents per
bushel in 1920 and a profit Of
only one-tenth of l cent per
bushel in 1921. There were
wide variations, of course, for
individual exporting concerns" i"
Of the firms controlling the
export trade the commission
says:
IA large proportion Of the
grain exported from the Unit
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-12-19
Mr.. Caldbeck Is
Nominated for Trustee


COnJlnucO rom ld+e Olle
wanted the municipality to adopt
the town manager system the vii
lage and town would have to vote
on the proposition and he believ-
ed that the system had its bad
features.
Mr.. Caldbeck said the voters of
the village paid siX-sevenths of the
taxes of the town and said that if
the voters in the village wanted a
different form o. government they
could easily get the same kind of
government from the town. He
again reiterated his statement
that unless he had the co-opera-
ton of the Other. men in the vii
lage and town now in office he did
not want the office.
Mr.. Caldbeck was then unani-
mously nominated for trustee and
after the announcement of his
election there was hearty applause.
When the fire wardens were be-
ing nominated w. B. Atwood was
placed in nomination with the 9th
erS and made quite a speech. He
said some fire wafdens were better
than others and that good fire
warden could save the municipal
ity many thousands annually by 4
thorough examination of the prop
erty, especially the cellars. This
raised a general laugh and James
Cosgrove said that when his broth
er-in-law got into office he believ-
ed the cellars would be examined
There was another laugh started
| when the moderator asked Mr.
CoSgrove about his cellar. Mr.. At
wood said he did not want the
office but he was unanimously
chosen along with the rest.
Mr.. Cosgrove then said that
Herbert A. Smith was responsible
for all this trouble in agitating Mr.
Caldbeck for trustee and called
upon him to enlighten the voters
Mr.. Smith said that he did moi
propose to make a speech, but
preferred to state his position il
the columns of the Caledonian
Record where they would reacf
the public at large.
Someone then nominated Mr.
Smith for village trustee and tho
moderator remarked that thl;
would be worse as the voters
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-12-19

much honored and most exclusive
of state organizations, the eX-
governors club. In this connection
a word about Vermont governors
many not be out of place or unin-
teresting.
Hon. f. J. Ormsbee Of Brandon
is the ranking member of our list
Of living eX-goVernors. He is still
hale and hearty at SO, Governor
Hardness, the fastest addition, will
make ten of them in all. The 9TH
ers are William p. Dillingham; and
Carroll s. Page, both now United
States Senators from Vermont;
Josiah Grout, Edward c. Smith,
William W. Stickney, Charles
w. Gates, Horace F. Graham,
Percival W. Clement
1t is interesting to note that
from the time Thomas Chittcnden,
the first governor OF the state, as
sumed office in 1778, to Governor
HARNESS, 56 different men have oc-
cupied that high office. Only four
in the list were elected for more
than one telm-Thomas Chitten-
den, Isaac Tichnor, James Galusha
and Erastus Fairbanks.
Erastus Fairbanks, the first war
governor, was succeeded years al
ter, by his son, Horace Fairbanks.
]. Gregory Smith, the second war
governor, was later succeeded by
his son, Edward Curtis Smith.
Redfeld Proctor, was followed,
years after, by his son, Fletcher
d. Proctor, and when the legisla-
ture meets in January, Redfield
Proctor's namesake son will follow
in his footsteps as governor.
Vermont governors have always
been republicans in politics since
there were any republicans any
where, and the fact that Proctor
received 81 ,104 of the total 68,3O7
of the total vote cast at the last
election, shows that there is no inn
mediate indication of change in
this respect.
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-12-19
Grandchild Had Group.
Cough

"My grandchild could get no relief
whatever from a very bad croupy
cough" writes Peter Lands, Mey-
ersdale, Pa, "until ! gave him
Foley's Honey and Tar. 1t is a
great help fo~ chest and throat
trouble" Coughs, colds, Group,
throat, chest and bronchial irrita-
tons quickly relieved with Foley's
Honey and Tar Contains no OPP
iates-ingredients printed on the
wrapper. Stood the test of time
serving three gcucrtion-.- Adyo-
tisCment.
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-12-19
PASsUMPSIC LODGE. NO. 27,
FOR SALE

One Cwo-tenement house with
barn and garden ON Harrison Ave.
A two-tenement house with one
half acre of land, also nice sin
gle cottage, both located in Sum
merviue.
Located one mile from r. r. ST..
n small farm and slaughter house
equipped to do a wholesale meat
business; four acres of meadow
and five acres of pasture and gar
den. Buildings consist of good
house of eight rooms. Would
make an ideal place for hen ranch
or garden track farm.
Good house and barn on corner
of Harrison and Concord Ave. All
In nice condition. Two and one
half acres of land.
FOR SALE-On account of par
tie, leaving town, two pianos prac-
tically new, one sewing machine.
CHARLES r.. KlRN
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-12-19
HELP WANTED-Male

WANTED-Active representative
in st. Johnsbury for profitable
year around business. The Knight,
p. O. Box, No. IS, Rutland, Vt.
141-148*
WANTED-EXperienced woods
men. Apply to Joseph Cyr. Green's
boro Bend, Vt. 144-146
WANTED--EXpeIienced woods
men that can chop, drive team,
tend sled, or use cantdog, in our
woods operation. Fnstclass camps,
trains run to door, good wages.
Apply to The Woodstock Lumber
Co., Beebe River, n H., or tele-
phone Plymouth 27-2. 144-149
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-12-19
Leach Sentenced
to Prison Term

Merrill Leach of New York was
sentenced to not less nor nome
than three years nor less than one
by Judge Harry Blodgett in mu-
nicipal court Saturday. Leach was
charged by States Attorney James
B. Campbell with breaking and en-
teling the store of A. f. Christie
pher at Lyndonville.
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-12-19
ST. JOHNSBURY
Local News

Mrs. Elisha May and the Misses
May have closed their Pleasant
street residence and are at Miss
Rebecca Burton's Tor the winter
months.
Christmas gifts in china, bas-
kets, trays, celluloid. Miss Helen
f Shaw, - Belvidere St. 8 t
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-12-19
LOST AND FOUND

LOST-BetWeen Mountain Ave.
and Weeks store by way Of Gale
donia street, one heavy plush robe,
black with brown lining. Also
one street blanket. Phone 643-R.
14G-14S
FOUND-BroWn leather bag ON
Eastern avenue. Owner may have
same by paying for this advertise
ment. LAG
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-12-19

would not know anything that was
being done unless they read the
Caledonian-RecorG.
There being no further business
at the caucus the meeting adj
iourned at s O'Clock.
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-12-19
WANTED

" ANTED-Beet. veal. pork,
lamb, poultry at the Summerville
Slaughter House. Sd Concord Ave.
o. Duval, Prop. Phone 651. 1877 If
WANTED-a green bone cutter.
Inquire at this office. 145tf
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-12-19
SEEK UXBRIDGE MAN
IN MURDER {

BOSTON, Dec. 19-Circulars
and descriptions of Webster L.
Grant of Uxbridge, sought by the
police in their investigation of the
murder Friday of George a. Willis
superintendent of the Boston
News Bureau messengers, were
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-12-19
PASSUMPSIC

There will be a play and Christ
mas tree at the school house Fri
day evening.
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-12-19

Col. Franklin S. Billings, as
Acknowledgements, will put
Windsor county prominently on
the map, and a glance through the
list Of members-elect shows that
that county may reasonably be ex-
pected to do its full share of the
important business that will sure
ly come up to be attended to.
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-12-19
FOR SALE

FOR SALE-No. hay. Inquire J.
A. Russell, st. Johnsbny. 97tf
WOOD FOR SALE-Tel. 257-4.
l05 If.
FOR SALE-the extensive lot and
snail brick cottage known as o47
East Main street, Newport, Vt.
Said lot contains over $4,000
square feet, and has a frontage on
Main street of 1875 feet. Ny agent
for the sale of this property is
Ms. NJ. c. Brigham, whose address
is "a Central Street, SomerVille,
Mass, until December 20, after
that date it will be Newport, Vt.
Mary A. Wilbur, EXecutrix Estate
of Mary E. Wilbur. 131 If
FOR SALE - Mcintosh Red
apples. No. / Maine potatoes,
Cabbage and Turnips. a. Ward, st.
JohnsbulV, Vt. 1873 If
FOR SALE-Two heavy logging
sleds, one new, one bob sled. W. A.
bradshaw, Concord, Vt. 139-150*
FOR SALE-No. / 16 inch dry
hardwood. c. H. Simons, Passump-
sic. Tel. 1862. 144-149*
FOR SALE Cheap-Library table,
nearly new Also oak wash stand.
Mrs. George Davies, Maplewood
Farm. Tel. 74-24. 144-146
FOR SALE-My house on Mt.
Vernon St. l. w. Heelmon, New
port. 146-151
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-12-19
Help Wanted-Female

WANTED at Brightlook hospital,
second girl. 1879 II
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-12-19

TO RENT-Large front room, Is
Summer street. Telephone 567-J.
140 If
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-12-19

When Hon. James Hardness of
Springfield is succeeded two weeks
from now by Hon. Redfeld Proc
ton a. governor Of Vermont, MI
Hartncss will be initiated into that
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-12-19

1t Is early yet to forecast or suo-
gest what may be the prominent
matters to come to the front, but
there is sure to be much promin-
ence given to matters effectinp'
taxation, schools, roads for a start
er. When it comes to taxation mat
tiers one of the members to-be said
the other day that he would do all
IN his power to do away with the
state tax. The proposition has been
to hunt around, when more money
Is necessary, for some new thing
to tax or some old thing that can
stand a little more tax. This isn't
gong to be my program. | hope to
see the legislature hunting around
to see how the government NAV be
operated more economically, at the
same time losing none of its effici-
ency. | think it can be done" In
other words, the people of the
state will hardly look with favor
on an attempt to create new tax
sources, but, rather, will use the
pallng knife and pruning hook and
axe.
Senator Gilbert E. Woods of
Caledonia county and Representa-
tive Louis N. Smythe of st. Johns
bury and Representative Frank ID.
Thompson of Barton are among
those who are to make their head
quarters at the Pavilion during the
session. Other members are scat
tered all about town and even as
far into the suburbs as Barre and
Waterbury.