davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-05-18
c D | F { R s
REACH F|NAL
ROUNDS
Mrs. H. King CornweII and
Mrs. Thorne Strayer in
Title Match.

The finals of the first annual
spring invitation golf tournament
under the auspices of the Indian
Spring Golf Club will be played this
afternoon. and will bring together
Mrs. II. King Cornwell, of Column
bia. and Mrs. Thorne Strayer, of
Washington, in the upper bracket.
In the second flight, Mrs. A. d.
V. Burr, of Indian Spring, plays
Mrs. L. l.. steele. a clubhnate, while
in the third flight, Mrs. w. H.
EInckel of. Columbia, encounters
Mrs. II. r. shannon, also of Co
iumbia.
The match between Mrs. Cornwell
and Mrs. j. r. De Frages, in the
semi.finals, was easily the feature
contest of the day. Both players
were all square leaving the seven
teenth tee. but a short missed putt
on the home green sent Mrs. De
Farges down to defeat.
Mrs. Strayer made an eagle on
the fifteenth hole
The summaries of the semi-flnaf
rounds and the pairings for today
follow:
First eight-Mrs. RI. King Corn
we'll Columbia, defeated Mrs. j. r.
De Farges. Indian Spring. l up;
, Mrs. Thorne Strayer. Washington.
defeated Mrs. Charles l.. Frailey,
| Chevy Chase, and l. Defeated
eight-Mrs. w. F.. Hall. Washing
ton. defeated Mrs. E. r. Tilley, In
dian Spring. 9 and /; Miss Susan
Hacker. Chevy Chase, defeated Mrs.
c. A. Slater, Indian Spring, and 2.
Second eight-Mrs. a. d. v. Burr.
Indian Spring. defeated Miss Lola
| Williams. unattached, 5 and 4: Mrs.
l.. l.. steele, Indian Spring. defeated
| Mrs. J. w Rankin. Chevy Chase, ;
| and 4. Defeated eight--MEs. A. v.
Crossley. Indian Spring, defeated
Mrs. c. b. Keefer, Columbia, by de.
| fault. Mrs William S. Corby. Co
lumbia, defeated Mrs. c. B. MeVay,
Chevy Chase. up.
Third eight-Mrs w. H. Finckel,
Columbia. defeated Mrs. ]. NJ.
Haynes. Columbia. 3 and 2; Mrs. Fl.
IT. shannon. Columbia, defeated Miss
! f. E. Peck, Indian Spring, 2 and 1.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-05-18
Salmon Picked Vigil
as Star by Way
He Walked

Next to breeding a Freak
ness winner comes the salts
faction Of picking him as a
yearling. Walter J. Salmon
takes almost as much pleasure
over the fact he picked Vigil
out of bunch in the sales
ring as over his victory in the
classic.
The son of Jim Gaffney, Wig
nola was bought by his present
owner at the sale of the A. B.
Hancock yearling at Saratoga
Springs for $4,000.
Il picked him out myself"
says Salmon. 81 liked the way
he had of walking around the
ring and he looked to me as
though he had the cut of
good horse. / think he is as
in baseball parks is the fact that al
bouts mentioned are scheduled for
afternoon, for reasons ri
once obvious and expedient. A
customer always has leis
ure to say nothing of money. He
has ever been baseballs friend and
Hence the piteous
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-05-18

ures of modern golf consists nm
doubtedly in the remarkable develop
ments that have taken place in the
matter of prize money offered for
professional golfers in tournaments
promoted by outside agencies, and
the effects which these developments
are silently exercising in fixing the
fortunes and careers of the bigger
players.
Within half century prize money
for professionals has risen from al
most negligible proportions to Midas
lavishness. We are apparently now
marching toward an important
change in the method by which a
professional golfer. at least of the
first-class rank, shall dispose of his
services
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-05-18
REACH
SEM|-F|NAL
ROUND
Dunphy, Williams, Parsons,
and DaIzeII Fighting 1t Out
at Chevy Chase.

Chris j. Dunphy, of the Column
bia Country Club, and present Dis
trict titleholder; Donald Parsons, OF
Chevy Chase: G. H. Williams, OF
! Aronimink, and Sam Dalzell, of
Chevy Chase. are today fighting it
out in the semi-finals of the first
flight in the Chevy Chase Clubs
first annual spring invitation tour
nament
Parsons is playing Williams and
Dumphy md Dalzell are battling il
out. The two winners will meet
this afternoon in the final cham.
pionship round
Dunphy worked his way into the
semifinals through, two impressive
victories over George p. Lynde and
Walter Tuckerman Williams took
the measure of Albert r. Mckenzie
and Miller b. Stevenson. while Par.
sons had comparatively easy
matches in George S. Lyon and
young Roland Mckenzie. Da.zell
added the scalps of Ed Brooke and
Walter McCallum.
The pairings for today are as fol-
lows:
IlSl SIAl6eIi--IU, PARSONS VS.. w IL
liams: 1905. Dunphy VS.. Dalzell
Defeated eight-10IO, Lyon VS.. A. r.
Mackenzie; 1915, Hart vs.. Haughey
Second sixteen-9:40, Hawse VS. r.
p Davidson; 9:45. Taylor VS.. Part
ridge. Defeated eight-9:50 A. D. V.
Burr VS.. Robinson; 9:55. Courtney
VS.. Harris,
Third sixteen-1O:2O. Crandall VS..
Green: 1925, Freeman vs.. Power
Defeated eight-10:3O. H. w. Burr VS.
Doyle; 1875, Watts VS.. Kraus
Fourth siXteen-9:20, Smith vs..
Prescott: 9:25. McMenamin vs.. Stead.
Defeated eight-9:30, Talcott VS.. De
Moll: 9:35, Heap VS.. Childress.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-05-18

The worst of the boxing situation
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-05-18

Defeated eight-Mrs Monroe E. Mil.
Ter, Bannockburn, defeated Mrs.
Horace Green, Chevy Chase, 4 and
s; Mrs. TT. -. Wheeler, Indian
Spring. defeated Miss Mabel Ellis.
by default.
Pairings for today--Mrs. Cornwell
w. Mrs. Strayer. Mrs. Burr VS.. Mrs.
Steele, Mrs. Finckel VS.. Mrs. shan
non. Defeated eights-Mrs Hall
VS.. Miss Hacker, Mrs Crossley ".
Mrs. Corby, Mrs. Miller VS.. Mrs.
Wheeler.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-05-18

80 SAVE YOUR DOG VAS JUST i
| ~ BITTEN \ elece or Y%n=
Inv FISH, o0I OF
80. Ivy 1.1JzAK
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-05-18
SWAN BOOKS TWO GAMES
FOR AMERICAN LEGION

Manager Charles Swan, of the
American Legion, has booked two
games for his team-one tomorrow.
a return engagement with the
Sergeant Jasper Post outfit at the
Central stadium, land the other Sun
day with the Shamrocks.
The Legionnaires have quite Al
number of open dates and would
like to hear from all unlimited
teams. Manager Swan can be
reached at Standings.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-05-18
POTOMACS ANNEX ODD
GAME FROM BALTIMORE

Inability to locate the plate was
directly responsible for the Wash
ington Potomacs defeating the
Baltimore Black Sox in the final
game of their series at American
League Park.
Maloney was extremely wild and
issued seven passes which the
locals took advantage of. The final
score was 6 to 4.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-05-18
SILVER SPRING MEETS
MERCURY NINE SUNDAY

The Mercurys will travel to Silver
Spring Sunday afternoon where
they are booked 10 meet the fast
Silver Spring aggregation. Lem
Owens and Giovanetti will be in
the points for the Silver Springers.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-05-18
QUANTlCO MARINES HAND
MT. ST. MARY'S SETBACK

QUANTICO. Va, May 1S.-In a
free-hitting contest. the Quantico
Marines defeated Mt. st. Mary's,
to Z. Markham featured with a
four-base smash with two on. The
Marines play Catholic University in
Washington today
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-05-18

The Pittsburgh Pirates lost Dig
Saturday dividend last week When
the Milk Fund bouts were held az
the Yankee stadium. Nearly 6a,oUu
customers witnessed the latter al
traction. and the Giant-Pirate game,
less than a mile away, was called
off hastily because few drops OIL
rain fell before 1890 o'clock. the
National league will foot that bill.
On June . it will be the Ameri-
can leagues turn to pay. COinci-
dent with the holding of the Cri-
0ui.EiIbane bout at the Polo
Grounds. the Boston Red Socks
and the Yanks will attempt to de-
Jude intelligent men into watching
a baseball game.
One might as well try to make
tomato soup with q brick. The bout
is for the worlds featherweight
championship. the ball game merely
one i'm a schedule of 154.
Two weeks later, the Yanks and
their opponents of the day will suf-
fer again. On this occasion Jimmy
Wilde; of England. and Pancho
Villa. of the Philippine Islands, will
battle for. the flyweight champion
ship of the world. The attraction
is of sufficient moment to outdraw
any ball game, with the exception
of a world series meeting.
Next i'm order is the Willard
Firp0 bout. 1t involves no title
but it will bring out the customers
as seldom before. The affair is
almost certain to be held at the
Yankee stadium. Tex Richard NOV
ing up the date from June 30 to
July I because the Yankees are at
home on the former occasion and
away on the latter.
The worst of the boxing situation
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-05-18
Dodgers Drop Stewart.

NEW YORK. May 1.-THE Brook
lyn National League club, has asked
waivers on j. F. Stewart, an infield-
err. If no club claims the player he
will be returned to the Birmingham
club, of the Southern League, from
which he was drafted by the Dodgers.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-05-18
BALL CLUBS WALL WHEN
STADIUM BOUTS TAKE
AWAY PATRONAGE

Not wishing to bet against It's money,
no good gambler WILL major baseball clubs outside of
New beginning register long, piercing, pantVe wan
boxing big scale at the
of the twolo local clubs
hroatcuing like couple of East
clothing but it the outotown clubs that VIII
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-03-08

uuHEuusrs= March Passed 81. a'r
Hfpphdsls Tor Hsaiils. Z .. m. stf Noiavs
Tor Seattle. 81 $40 3. 90.
Victoria. ~ CaMsrgh Passed out.
ctr iiaEushika Asra for Kobe 81 a. m.
Arrived, ctr psirgsA from AatofoHastA Via
ports. a. $40 a. "a.
EaH FraUtisro=N'arrh SAILED. stf
Eaula Paula Tor Seattle, at a. ma. stf
Columbia towing balm Cunausfur for Hu-
aItIs. a. m March STR ~. ".
Baxter Tor seattle. a. 9 ~.
HAApEha4a=Mar1h Arrived, str Tai.
tbTbius frum HrnttIs via ports
balboa March Arrived, ,tr Ava.
RADIO from seattle via Han Francisco Htr
Aanta Isahal from Esattir ctr Admission
CITY from HsAtHs. ctr Sorllha from 10.
attic.
New Orleans March t=Haiisd. str Al
bsTf Js'frsss Tor Seattle via balboa.
Surfolk-=NArrh arrived. str Ban
Francisco from Seattle Via balboa,
Mobile March Arrived. ctr T. J.
Luekrnharh from Seattle.
rhHadrlphiaa-M March t--Hallod. Etr Ken.
iuckihu FOR Apatilr.
Sew GaFk=M March Arrived. ctr
Katrina Lprkcnbseh from Seattle via
UGlhna.
Boston March arrived. str Horace
Lueh~lhaeh from Seattle via EAlboa
Hnsnrs Aires Msrch Arrived. ctr
West NOTES from Seattle Via ports
HelliuFhhm a= March Arrived. str
MlnurnutsB from Seattle. Z a. M
Tarowa=MRrrh Arrived. str Prin.
craa MHruinnA from y, G ports. AZ =
m ctr MuEiiico from aan Francisco. at
IN. Sailed. str Manila MAru for ae-
attic, a. 10 a. ~, ctr uoraisnn Mnfu for
Dairru via ports ~ II a. m. motorahip
Californian Tor Seattle. att ga m.
Port TowuHend-=AArrh Passed IN,
str BrookdRls for assttio, At aib =. m
str Commercial Traveller for Seattle, Al
$50 a. m. str Mojave for Seattle. at 10
q. IN.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-03-08
Foreign Money Status
Thursdny's Quotations
Furnished by Logan & Bryan
HIn Grrnnh AZ Arniiin
LAND CLEARING
MAKES WEALTH
Thursday Quatations
Furnished By Logan a lirYan
AIO second Ave seattle

Western Washington must ulti.
mately look TO It's logged.off lands
TO supply large part OF It's wealth,
in the opinion OF H. II. Nelson. who
has just returned from an extended
trip thru Snohomish county.
THE country around Arlington In
good example," said Nelson. Most
Of the closc.in timber has been cut.
The mills and logging camps arc
fast retreating, and the time will
come when there will be no timber
wealth In the adjacent country.
Vast stretches of potential farm.
ing or grazing land, too full Of
stumps to be used. but devoid OF
timber, give mute testimonial to
mans power Of tearing down. II
remains for man TO display his pow.
err OF building up.
I'm this respect II is encouraging
to sec what Is already being done.
over 100 families have moved onto
loggedoff lands in tho district be.
tween Stanwood and Arlington
alone. These people are not only
adding wealth to the state by con.
verting waste areas into productive
fields, but they are building up for
themselves as well.
ITO tho person who contemplated
trying his fortune on loggcd.off
lands, I would say, It ls tho same
ms In anything else; you can sue.
coed II you give II your best effort,
and nrc willing 10 build slowly and
not attempt too much In the why
OF land, obligations or improvements
ut the start"
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-03-08
LIST OF
STOCKHOLDERS

BY some devious means a list OF
the corporations stockholders f. ob.
tained. They are canvassed with n
letter announcing that they have
the right TO subscribe TO a certain
allotment OF stock before a given
date.
A rights certificate Is sent.
urging the stakeholder TO return
It promptly. properly indorsed. with
remittance attached covering tho
number OF shares subscribed to-"
This Is to create n false idea Of the
value Of the rights and that the
stakeholder viii lose n golden OF.
portunity II he doesn't buy imme.
datcly.
The sucker Is confused by this
hurry.up canvass. He buys under
the false belief that, az stock.
holder in an established corpora.
ton. he has an opportunity not
open to the general public to buy
additional stock in his own com.
pany. or shares probably just as
valuable, In what he thinks is a
legitimate subsidiary.
Fake Subscription rights" stock
usually is sold at 81 a share. with
the promise that II win soon be on
the curb market at s1O--which never
happens.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-03-08
Vessels in Port at Seattle

Smith Cove Terminal-pler A-Etr VIM
nottingham, str Willie A. Higgins
Pier n Str President Jackson, motor.
ship Californian.
Great Northern Tsrminal-str Toyooka
Maru
Bell street Tprminhl--u. s. /. II. T.
Cedar Hchr Spokane.
Pier lt-Str protemlRus
Pier lisH-Atr Arcadia,
Pier 2-str Jefferson. ctr CdWua, str
Northwestern.
Pier Dz-str Queen
Union Pacific rsmlnAl-str sudbury. str
New Britain.
Pacific Coast Coal Bunkors-str Owcgo.
Pacific Coast Engineering workH-u s.
q. =. Surveyor, u, s. G, q. HRida,
U, =. Shipping Board MoorlnRs-Str leo.
mum. ctr Anna ~ Morse, Etr sll-
vcrHdo. str Cross Keys. atr Delight.
str West HartlRnd str West Ison, str
wRiinEford. str Lubrlco.
Connecticut atrcUt Trrmmal=schr Ca
mnno. Str city OF Auckland, str Robin
Gray
Stacy Street Tcrminhl--u. \. O. \, Deli
wood, y 4 O. q. Burnside
Todd Drydock H. II, Alexander, str
boxer
Puget Sound bridge & Dredging Co..
Str Patterson
AmcH Terminal Cn-Str Admiral gnbree
Colmnn CrcoHote woriH--Str Mnrlnula.
HcffernRn'a Drydock Motornhip oregon.
West Seattle Training stntion-u, s. 4.
Eagle No. o.
Alnsita StenmBhlp Moorlnga-str Valdez,
str Rcdondo
wlnslow Marine Rnllway--str CaeHar,
bark Belfast barge CoaultRm city,
hktn James Turf, achr j. W. elise,
whnlerH Star Nos, !, ?, ..
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-03-08
TAX AMERICAN
ADS IN CANADA

OTTAWA. Ont. March IAN i'm.
port tax OF 10 cents a pound on the
advertising sections OF American
magazines would be levied under the
provisions Of a resolution passed b.
the house Of commons after a six.
hour debate.
Canadian publications cannot hope
10 compete with the American prod
uct without such restrictions. accord
ing 10 Horatio c. Hocken, who In
troduced a resolution.
The American magazines are de.
voted almost entirely to fiction Of a
sensational. suggestive and generally
demoralizing type" Hocken said.
In the past ten years. II was
shown. Canadian subscriptions 10
American magazines have Increased
from ssoO.OO0 TO 5000. 600 and IS.
900 600 copies are imported annually.
Magazines having little or no ad.
vertising would be taxed 10 cents
pound under the provisions Of the
Hocken resolution.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-03-08
BUYS
DOUGLAS FIR

South Africa is good lumber
market according TO n report issued
by the department Of commerce.
Building construction approved for
johannesburg Is the highest in eight
years.
The imports of lumber and lum.
Der products into South Africa in
1922 were about 100, OO0. 900 feet. The
demand for building material is good
and Is improving.
The exports Of Douglas fir from
the United States to British South
Africa in 1922 were 11.58G,000 feet
against 1,125,OOO feet in 1921.
The lumber trade Is cautions in
buying at present prices, largely be.
cause Of fairly heavy purchases
made several months ago Of lover
prices.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-03-08
Building
OREGON BONDS
ARE DELIVERED
Issuance Of Bonds Is Huge
Task, Says Broker

John T.. Price & co have taken up
thru the Iadd 4 Triton bank. Port
land. tho 5000, 900 State Of Oregon
s ana ~ per cent soldier bonus
bonds. purchased by themselves ana
assoclatea on Jan. 20. The bonds
we're offered 10 investors % yield
from as 10 $50 per cent and have
al been distributed.
There were 5000 o. these bonds.
a whole directors table fun" sald
y. H. Hollsnbeok. who effected o.
livery and payment Of the 5000
SOC. "and Il Is said that II took the
governor Of Oregon a week 10 sign
the issue Of which our allotment IL
part
The average investor fails 20
realize tho csrsfulnsss with which
a delivery 0f this kind must BE-
handled. In addition 10 the many de-
tails 10 be taken care Of prior 20 TIM.
actual printing Of the bonds and
their signature afterwards. al bonds
must again be examined FOR sigma
lures and seals prior 70 payment.
Tie interest coupons. Of which there
were approximately one hundred and
fifty thousand on the entire issue.
must also be- examined ~ several
days work for one man"
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-03-08
BANK cIEARINGs
Seattle
Financial Flashes
From James Macfarlane & Co.
81 Second Ave.
Twenty IndustrIala 1Ol.79. up

Twenty industrials 1O47s. UP
OF; 20 Rails oO.2i. off .26.
with orders for 90 large loco.
motives, 10 cost about ii,500.OOO.
booked on Monday. Baldwin
promises to take on Sl0.000,O00
new business. which II Is esti.
mated would be taken on month.
Iy FOR some time to come.
Gross earnings Of Great North.
ern Ry. for fourth week in
February increased SA72,772:
for month February increase
was t944,846 over corresponding
month last year.
f. w. Woolworth Co. Febru.
airy sales, 81, 2SO,s1s: increase,
y1,133.254.
Associated Dry Goods year
ended December 81 last reports
net earnings equal TO 1912
cents on common; against 1924
preceding year. Company dc.
clnres regular quarterly $3.50
dividend.
Exports Of $4,000 barrels OF
oil from Mexico in February
by Standard OIL OF New Jersey
represented Increase 1871 900
barrels over January.
Report OF American woole
year ended December 81. 1922.
shows net profit Of 1851 ,o25,
equivalent to $3.50 share
earned on 1iO,O0O,OOO common
stock.
81. Paul January earnings
statement Is one OF tho best
for that month In It's history.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-03-08
AirpLane
VieWs
THE THEORY or
Ill STNISS CYCLES

According 10 the theory o. TIM bust
ness cycles. periods Of business de-
precision tend 10 be- felfc1rrectiye.
We find Tat during Expressions.
prices and wages are low and money
Is abundant at low rates 81 Interest;
these factors combine % stimulate
trade revival iiut prosperity also
tends 10 be relfcorrectlye That b.,
you have high prices hiFh wages
and q growing scarcity Of money
with rising interest rates. and these
things tend % halt expansion and
precipltate reaction That much 81
theory. The practical thing is 20 DE.
termine Just when tie rtlfcorrectiye
process ia going too fast
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-03-08
REPORT SHOWS
LIQUIDATION
Federal Reserve Sees Drop
in Notes and Deposits

Further net liquidation az S3s.
soo.0oo o. discounted bills, more than
offset By increases u SIS, 1000 In
purchased acccptanoes ana 81 So
100000 In United States securities
held by the federal reserve banks
Is shown IN the weekly hank state
ment issued by the federal reserve
hoard as az close ot business on
February IS, 1928.
As against decreases Of $50. 200 600
In discounted bins held by the New
York reserve hank and Of $50, 600
held by the three Eastern reserve
hanks and Cleveland combined, Chi
cage shows an increase OF about
sIs.ooQ.0o san Francisco an In.
crease OF $4,000 900 and ST Louis
an Increase OF about $1,000 900.
Deposit liabilities show a reduc
ton FOR the week Of $4,000 600 and
federal reserve note circulation a
like decrease Of Sl3.6oo,0oo.
Total cash reserves declined by
about $4,000. 900. while the reserve
ratio. because Of the reduction in
both deposit and note liabilities.
shows a rise FOR the week from
Ss,S to 56s per cent.
Gold reserves decreased by 81.
40o, 900. Substantial increases In
gold reserves are shown for the
New York hank. which reported IN.
ereaseS OF S26.loo, 900: Cleveland with
increase OF S9.iO0.OO0. Philadelphia.
$500. 600. and Boston. $4,000 900.
The largest decreases for the week.
by sse. 500. 600 and SIS. 900. 900. re.
spectlyely. are shown for the Chi.
eago and sun Francisco reserve
hanks.
Holdings OF paper secured by gov.
eminent obligations decreased during
the week from s3ss 200. 600 20 $3.50.
100000. OF the total held on Febru.
AIRY IS. s1sT. 500 900. or AZ per cent.
wero secured by L. $. bonds. s2.2o0..
80. or 0.6 per cent. By Victory
fotes. siTs.7Oo. 600. or sos per cent.
~ treasury notes. and $500 600.
or 90 per cent. by treasury oertin.
Gates. compared with SIZE. 500 900.
s..soO.Ooo. sI77. 10000 and si5.soO..
600 reported the week before
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-03-08
New Law VIII Help
Outlying Districts

The passage OF the bill authorizing
street railway extensions TO be
financed on the local Improvement
plan Is hornlded as means for tho
rapid development OF outlying resi-.
dence districts.
Under the new law, owners OF 60
per cent Of the property benefited
may petition for street railway oy.
tension. After a public hearing. the
city council may then order the OK.
tension made.
Superintendent George f. Russell
declared that this legislation would
solve the extension problem for Sc.
attic In many cases, he stated, the
property owners We're willing to pay
for the extensions. but the city was
powerlcss TO act.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-03-08
HIGH COST
OF NOTHING

The high cost of nothing "a the biz
problem OF the shoe trade today. The
cutting Of holes IN leather 10 working
havoc In factory time tables as well
ms IN cost sheets The high cost Of
nothing the holes in sandals-is dir
ficult 70 appreciate. a smart pat
tern may have from 20 10 40 cutouts
In zach shoe
lf the work ls 10 bs done by hand.
u necesdtatsH. first. cutting IN the
upper leather department az an ap.
proNimnts cost OF thnrg-quarterB Of
a cent per hole: then the stitcher gets
an equivalent uhreesqunrters Of a
cvnt for running thread around -,
and finally. The lining cutter gets
paid the same amount FOR making
tho equivalent hole in the doughnut
Nothing surrounded by leather. lin.
ing and stitchinE.-Dry Goods Econo.
mist
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-03-08
BANKS
IN JAPAN

One Of ths soft spots In the stu.
alton In Japan is the amount OF had
paper held by the hanks. says Com.
mereiai Attache Abbott In his month.
~ cable 10 the department OF com.
mcrce covering economic and com.
msrcial Developments The general
policy Of holding up the weak banks
puts an undue burden upon the
stronger hanks.
Tho minister OF finance has an.
nouneed his policy TO encourage the
ainalgnmation OF many OF the small
banks. which would do much 10 pre-.
vent panics which have threatened
ihc japanese business world in con.
sequence OF the failures OF minor
banks.
There are in Japan about , 900
hanks. large and small. OF which 20
per cent have registered capital OF
less ihan a half million ven eacb
Competition between the numerous
small banks works TO the detrlment
OF their credit and stability