davidaulloa/AmericanStories huggingface dataset:
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1924-02-13

ure. He said it practically was the
same bill he had introduced himself
in 1913. He declared he would well
come evidence that it was a Standard
Oil bill.
The running accounts of the conflict
as carried in the Congressional Rec
ord furnishes interesting reading in
view of recent developments. A part
of this record is here reproduced.
On page 4745 of the Congressional
Record, Senator LaFollette said:
Senator La Toilette: THE bill as
drawn will, I believe, destroy the naval
reserves set aside for the navy. The
reports of the naval experts of the
highest authority, as we'll as the ex-
perience of our own navy and the
navies of the foreign powers, have
established the fact beyond question
that naval efficiency, and therefore
national safety were dependent upon
the increasing use of oil-burning ships.
1t is, therefore, evident that, after q
brief moment of time, as the lives OF
nations are counted, there will not
be a sufficient supply of oil in the
ground necessary to insure our safety
from attack, if the existing deposit:
are to be thrown open to private ex
/ plOitation without maintaining an!
1 reserves for u future naval use
This was the purpose for which tn,
/ naval oil reserves were set aside. Tn,
needs of the navy require that the OF
/ should be kept in reserve in the groun
/ until future naval necessities requir
its extraction and use"
Senator La Toilette than went on t
= show that the two most impOrtar
naval reserves were Elk Hills of Cal
forn;a and the Tea Pot Dome {
!. Wyoming.
q Senator LaFollette then read tn
telegram concerning the oil-leasin
.e bill:
Denver, Colo, August p, 1919.
is Senator LaFollette,
~ United States Senate,
If "Washiurton, D. c.
"Oil-leasing hill a Standard o
measure, and menaces western oil i
as terests. Standard Oil, New Jerse
We owns so per cent stock Imperial {
n Canada, which controls Midwest R
nj ming. and it controls Merritt
~ Corporation, Grass Greek Petroleur
r. E,-te~n States, Utah Oil & Refinir
~ .rJntain 4 Gulf, Boston, Wyomir
or vitn long cont act for entire prodU
nv ton Of tIidv Ill Co. and its su
n sidia1'e s and 49, others operati
SIS in a. Wyom %stricts. Passa
means Standard III control of weste
oil reduction. Honest Investigate
sh under Phipps resolutions will tell
Is =to.y. Time permitting could furni
-tition against passage with tho
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1924-02-13

lette, who had warned Senator Walsh
that he, Senator Walsh, was doing the
bidding Of the Standard Oil company
by making such a hard fight to lease
Teapot Dome. The m Of the eight
senator's who voted against the bill
are as follows: Kenyon, GrOnna, La
Toilette, Harris, Kerby, Nugent, SheP-
heard and Walsh Of Massachusetts.
Senator Walsh was paired when the
ar andrlent was voted on. but trans
ferred his pair, so as to vote against
the amendment.
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1924-02-13

warning by Senator LaFOllette, when
they were debating LaFoilette's
amendment to cut out the reserves.
LaFollette usually calls a spade a
spade, and ne did that on this Oc-
casion. While he was insisting that
the bill was a Standard Oil measure,
the Congressional Record quotes him
on page 4741 as saying:
1T is possible, Mr.. President, that
the Standard Oil company and its lob
byists have a new view of things and
that they are su-persensitive about
saving anything TO anybody about
legislation, but that hardly COMFORTS
with their history down through the
years. Standard Oil has been the
most brazen, the boldest, the most ag-
gressive violatOr of the law that leg
islative bodies in any country ever
had to contend with. 1t has driven
people all over the country out of
business, crushed competition, and
driven competitors to suicide. It has
had in its employ the employees of
competitors who have sold to it the
secrets OF those competitors. There
IS nothing that is r~eprehensible that
the Standard Oil company has not
done. There IS not anything that re
quires boIdness and craft and brazen-
ness that they have not acquired"
Senator LaFollette also had the fol
lowing to say on the subject of the
bill he was trying to amend, and the
way such bills had served the grabbers
Of natural resources in the United
States, as quoted on page 4742 of the
Record:
= l undertake 10 say that
senators from the west fully realize
how the ~Amalgamated Copper com
pany, a great mining organization
has gone into your western country
and under the name Of development
acquired control by corporations anC
by syndicates of your great natura
resources, amassed great wealth
dominated your politics, elected yOul
governors, controlled your state leg
isuatures, and entered contests fol
United States senatOrships.
"These highhanded methods final!
resulted in the education of the public
until out of it there grew a wide
spread demand for the conservation
of these natural resources. 1t haC
its beginning along about 1906.
Same Story Over Again
What took place with regard I,
timber in Wisconsin, Michigan an'
Minnesota has taken place with re
gard to coal and iron and copper AM
other mineral resources Throughout
the country. We have looked o.
quiescently while these great natura
products have been absorbed an
passed under the control Of the grea
: monopOlies, and then we marvel, Nj
President, at the cost Of living climb
, ing higher and higher every veal
. What idiocy is that! What stupidity
, What can be expected if the iron, Goa
: copper and timber, which control tn
, cost of every thing else, are in til
; hands of monOpolies, with the resu.
: that they fix the price,"
Walsh Voted for Lease
. Finally, when the vote was take
Walsh voted for the oil leasing bill
o and again the LaFollette amendmel
which meant the leasing Of the Cal
fornia naval reserve and the Teap,
Dome. Upon the other hand, eigl
progressive senators voted TO pr
! tect the United States naval reserve
They were headed by Senator LaFC
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1924-02-13
SENATOR Walsh IS ACCUSED OF
FAVORING The FOUL OIL LEASES

In View of Propaganda Now Being Peddled in Which Senator
Walsh Is Being TOuted as a Democratic Presidential Possibility,
the People of Montana are Asking Why the Democratic Senator
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1924-02-13
ALICE BOY STOLE HORSE
TO RIDE TO CHICAGO HOME

r Louis Schniftz. II years old,
r working for his uncle. Rudolph
Schafnitz. feeding cattle near
r Custer. became hOmesick for
r Chicago. and mounting a horse
+ belonging 10 a farmer started
r east. He was arrested on a
r ~horse-theft charge at Hysham.
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1924-02-13
Walsh Voted for Lease

Finally, when the vote was taken,
Walsh voted for the oil leasing bill,
and again the LaFollette amendment
which meant the leasing Of the Cali
fornia naval reserve and the Teapot
Dome. Upon the other hand, eight
progressive senators voted TO pro-
tect the United States naval reserves
They were headed by Senator LaFOl-
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1924-02-13
DOheny Sidesteps Walsh


1t will be Ob-orved that in this
statement Sena..r Walsh is of the
opinion that NJ. Doheny had no in
terest in the navel eli reserve. Il Is
apparent his judgment of DoheHv's
future activities did not embrace the
probability that Mr.. Doheny would
get a lease of the naval oil reserves
from which he would confidently ex-
pect to make 500, 900, 900, as M
Doheny lately testified was the case.
Manifestly Mr.. Doheny kept his plans
relative to the Teapot Dome and t2c
Elk Hills naval oil reserve from his
friend, Senator Walsh. Still, he went
so far as to express the opinion that
the reserves would be drained, if al
lowed to by non-gOvernment
wells. wnic- .osition favored mel
inclusion in the leasing bill. even
though Senator Walsh could not see
that Doheny had any interest in tn.
m tier.
Walsh AMPLY Warned
Senator Walsh vas given plenty Of
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1924-02-13

Walsh Amply Warned
Senator Walsh was given plenty Of
The Birmingham age-herald., 1924-01-04
COTTON FAILS TO- HOLD RECOVERIES'

NEW YORK, Jan. 3.-Recpveries of approximately 1c . pound from an opening decline in the cotton mark ct were not fully maintained, but the close was steady at net advances of 16 to 50 points. March sold up from 34.37 to 35.3Sc and closed at 35.08c.
 The market opened easy at a de- continued weakness in Liverpool and further liquidation. Offerings were much lighter than they were yester- day, however, while an improved trade demand was reported at the early decline and the market soon turned steadier. The advance met renewed flurries of realizing or liqui- aggressive than recently while the dips seemed to be bringing in more demand in the south, and feeling that the falling off in offerings across the ring, resulted from a much improved technical position. The trade buying was said to include price fixing for tho account of south ern mills and there appeared to be very few contracts for sale during the early afternoon. January sold up from 34c at the opening to 34.8Oc or 80 points from the lowest. while May advanced from S4.60c to 35.60c and July from 33.eoc to 34.6Sc. Closing pTlCcS were 10 UT OV pOihSc Oli
 the best under realizing. local selling and southern hedging. At the low point of the morning prices showed declines of over % per pound as com pared with the high levels of late last week, and part of the buying was probably due to belief that the market was entitled to rallies because of, its better liquidating po- sition. Private cables explaining the weaknesa of Liverpool said the strong statistical position had been overshadowed by unsettled British political conditions and complained of a poor spot demand. Reports from the local cotton, goods trade said there had been buying orders in the market yesterday morning which were withdrawn because of the break in raw cotton but which would be reinstated should cotton steady. Port receipts, 2S.351. United States port stocks, 9s7,326. Exports. 1S,S51, making 3,400,435 so far this season.
The Birmingham age-herald., 1924-01-04
Shipping Actiuifies
 Alaban,a's Seaport

MOBILE, Ala, Jan. s.-(Special Leased Wire )--Arriving to load for the north coast of South America, the Swedish motorship Finn came into the Aluminium Lines Thursday and went on loading berth at Turner terminals. It is expected that the Finn will complete loading early Fri day and sail, Curacao being her po-t of
 Two schooners were reported off the bar Thursday afternoon. The Fearless, four masted, to Whitney Bodden Shipping com dry dock some time Friday The second schooner was the three-masted Isabelle c. Harris, Page & Jones'. from Santo Do
 ns1 City Ths Tsasess Harrs arTxed wifi on loading, berth for Porto Rico. sailing late this month.
 The American schooner Robert P. Mur- phy, Robert l.. Padgett 6 Co.,. sailed for Port Arthur to pick up cargo Of case oil for Santo Domingo. The Robert P. Murphy sailed early Thursday morning. poration. sailed for Honolulu and the Orient with general cargo.
 The Mexican tanker San Antonio, Cowles morning from Sea. where she was clean ing out her oil tanks preparatory to going into dry dock here. The San Antonio was Mexican rebels and her cargo. 5000 tons of oil, was seised in the name of the revo- lutionary government. The San Leonardo, whiSu, .t VIII Uc TemoHDereus WAsSfeCon- structed here. and the Alicia were seized at the same time. f
 The American steamer Ocmulgee, Nal lory Lines. sailed for New York with gen.
 The Norwegian steamer cibao. United Fruit company. arrived from Puerto Cas- tilla with 10000 stems of bananas, and discharged at Pier 1.
 The German barkentine Columbus, Van Heynigen Brokerage company. cleared 163,o00 superficial feet of pitch pine lum- ber for Birdgetown, arbados, and is ex- pected to sail during Friday.
 The American steamer Choctaw, Page & Joines. sailed for San Juan with gen. eral cargo.
The Birmingham age-herald., 1924-01-04
NEW YORK COTTON FUTURES
NEW ORLEANS COTTON

NEW ORLEANS, Jan. S.-A strong buying movement appeared in cotton to- day following a soft market in the early session and lifted prices nearly cent a pound from the low levels of the day on the months felt most pressure. This buy ing was based on claims of improvement of the spot demand in western markets after several days of quiet. Long traders were aggressive and at several stages of the session plainly were engaged in an organized attempt to drive tlfe short in- terests to cover. Highest prices came to- ward the end when the list stood at net advances of 50 to 69 points. March trading at 35.3sc pound and October at 2s.40c. Last sales were AZ to 45 points net higher on the day. the last transaction in March being at 36.o9c and in October at 2S.35c.
 Prices were lower on the opening and for some time after a poor Liverpool mar ket, further break in foreign exchange markets and continued talk of unfavor- able political developments in Europe causing enough selling to carry the list 15 to 2S points under the last sales of October, 27.75c.
 Declines did not last long, the foreign news being offset by rumora over private wires of pending general reduction in bank rediscount rates in this country. A little later the more cheerful spot market news was a factor. In the afternoon the market was helped to It's highest by tele- grams from North Carolina saying that cotton mills in that state would go on full time Monday.
The Birmingham age-herald., 1924-01-04
FOREIGN BONDS
COFFEE FUTURES

NEW YORK, Jan. 3.-There was sharp advance in the market for coffee futures today on scattered buying and covering which seemed to be promoted by a bullish view of the statistical position: The market opened at a decline of to points but after selling at 9.20c early, May advanced to 9.57c. while September sold up from S.75Q9.15o or into new high grounds for the season and 16 to 38 points net higher on the general list. These prices brought out some realizing which caused reactions in the late trading, but the close was steady at net advances Of to 22 points. Sales were estimated at about 10000 bags. March. 9.S9c; May, 9.43c; July. 9.19c; September, Sc; October S.26c; December, 8.81c.
 Spot coffee steady and nominally un- changed at 10%c for Rio Is and 15 to 15%c for Santos As. Cost and freight of fers included part bourbon or flat bean 3s and 6s at 14.86@14.55c and Rio 7s at 10.15Q10.25c for prompt shipment.
 The official cables reported an advance of 1-32d in Rio exchange on London and an advance of 150 reis in the dollar buy ing rate. The Aio market was 125 to 200 reis higher and Santos 400 to 700 reii higher. Brazilian port receipts, 64,o0o; Jundiahy receipts 22, 900. Santos cleared 13. 900 for the United States. A French trade authority estimates the worlds wis ible supply as of January 1 at 4,410,0 900 bags. or the smallest on record for that date since 1898. On January last year the visible was 7,s77,0o0.
 Wild animals of India's jungles kill ed 3.263 persons in 1922.
The Birmingham age-herald., 1924-01-04
EUROPEAN ISSUE. EXHIBIT STRENG7k

NEW YORK, Jan. 3.--Strength an activity of foreign government bonds in the face of declining foreign ex- changes featured today's relatively active bond market.
 In some quarters purchase of French and other continental bonds was construed as rebuytng of secuy- tiles sold during the latter part ~ 1923 for income tax loss pprpcsee Some of the French municipals gained more than a point today.
 While some of the high grade Tn. vestmentN railroad mortgages were easy general railroad, securittes A1 well as the bonds of public utilitieiI and domestic industrial companies met good support at slightly hiShs1 levels.
 largely confined to the tobacco. cops per and steel company liens, which the buying covered numerous utilities, some of the oils and chemicals and wide assortment of speciality coms pany mortgages.
 Compilation of 1923 bond .traasac- tions on the New York Stock ex- change disclosed 9 total part value of $2,759, 9,641,000 as compared with $4,0S8.973, 900 in 1922, . decline of ap- proximately 32M a volume.
The Birmingham age-herald., 1924-01-04
TJVERPOOI, COTTON

. LIVERPOOL, Jan. 3.-Cotton, spot, better demand; improved business; prices steady. Good middling, 2o.62d; fully mid ding. 1s.62d; good ordinary. 17.e2d; or dinary 17.12d. Sales. 1000 bales, in cluding 5000 American. Receipts, Sf.000 bales, including 27,0o0 American. Futures closed firm. January, 2o.S0d: March, 2o.34d; May. 2o.1sd; July. 1s.Ssd; Sep tember. 17.61d; October, 16.67d; Decem- Der, 16.17d January C9.25d) 16.11d.
The Birmingham age-herald., 1924-01-04
CHICAG0 RITTER

CHICAGO, Jan. 3.-The butter market here today was steady to firm on fancy butter The supply was limited and most dealers were holding for premiums and buyers hesitated to pay higher prices.
 Medium grades, SS to 91 score, were frrner and more active than fancy but ter. and showed advances of iac to 1c. cleared and trade was curbed to some extent because of this fact.
 The car market was steady following an advance of 1 cent on 90 score cars and 1 cent on ss and ss score cars Move ment of storage butter was not as active as yesterday but cars of s9 score brought a full cent over yesterdays price. Fresh butter: s2 score. 541ac; 91 score, 53hc; 90 score, 50tso; SS score. 47hc: sS score. 45Ac: ST score. 44c; s6 score. 43c.
 Centralized carlots, 90 score, 61c: S9 score, 4sc; sS score. 45lac.
The Birmingham age-herald., 1924-01-04

Members New York Cotton Exchange, New Orleans Cotton Exchange. New York Pro- duce Exchange, Associated Members L.iv. srpool Cotton Association. Orders solicited for the purchase and sale of Cotton and Cotton Seed Oil for future delivery. Spe-
 clal attention and liberal terms given fos consignments of spot cotton for delivery.
The Birmingham age-herald., 1924-01-04
pOTATO MARur

CHICAGO. Jan. s.-Potatoes firm; de- mand good. Receipts. 35 cars. Total United States shipments. 346 cars: Wis consin United States No. l sacked round white, s1.25 @1.4o: bulk. s1.s5@ 1.50; Min nesota round white, $1.25@1.35; Idaho sacked Russets, $1.S5@2.00.
The Birmingham age-herald., 1924-01-04
,eculao1s For Decline Force Sharp Reaction In Stock Prices
NEW YORK CURB

NEW YORK, Jan. 3.-Following is the official list of transactions on the New York Curb Exchange. giving all stocks and bonds traded in:
 Inf3ustP1oln
The Birmingham age-herald., 1924-01-04
SPOT COTTON

NEW ORLEANS, La, Jan. s.-spot cotton steady and unchanged sales on the spot. 517 bales; to arrive, 147; receipts, 7,162: stock, 247.052; low middling. 32.25c; middling, 35.00c; good middling. 36.12c. NEW YORK, Jan. 3.-Spot cotton quiet middling, 35.65c.
The Birmingham age-herald., 1924-01-04
NEW YORK STOCKS

NEW YORK. Jan. 3s-Following are todsy's sales, high, low and closing prices of stocks listed on the New York Stock Exchange:
The Birmingham age-herald., 1924-01-04
SuGAR MARKET

NEW YORK. Jan. s.-Raw sugar con tinued quiet today and without transac- tions. As result of apathy among re- liners. the undertone was easier, with Cubas available at 5c cost and freight. equal to 6.7Sc duty paid.
 Raw sugar futures opened 3 to g points lower and later sold to IT points under the previous close, due to liquidation and pressure from Cuban and trade interests. prompted by heaviness in the spot mar ket. Particular weakness was shown by January, but in the afternoon offerings became less aggressive and prices rallied on renewed support for outside account, closing 14 points lower to l net higher. January closed 4.S9c: March, 4.53c; May 4.60c; July, 4.6sc.
 Refined sugar quiet and unchanged at 700S.90c for fine granulated.
 Refined futures nominal.
The Birmingham age-herald., 1924-01-04
NEW YORK BONDS

NEW YORK. Jan. Swallowing are today's high, low and closing prices of bonds on the New York Stock Exchange. and the total sales of each bond:
 RailMny and Miscellaneous
The Birmingham age-herald., 1924-01-04
BOND MARKET
UNITED STATES BONDS
 fnn Sf0rE EyrIhnn9el

Readers should note that Liberty bonds are quoted fin dollars and thirty-seconds of dollars instead of dollars and cents. nunerator onIy
The Birmingham age-herald., 1924-01-04
FORT MOVEMENT

fOhT MOVEMENT
 Sx saass sE'ssa: s ss': .s sj. .:'Sss's :ssss
 Galveston: Middling, s5.1oc: receipts, 1924: sales, 1000: stock, 3o7,465.
 Mobile; Middiing, a4.ooc; receipts. 1o4;
 Savannah: Middiing. s4.s5c; receipts, 5S1: exports. 1,129; sales. 54; stock, 6s.535. Charleston: Receipts, 25S; stock, 41,546.
 Wilmington: Receipts, 135; stock, 33,
 Nsass Nerss,S ctK Ndaisx stHss aiSt siee receipts. exports. 6,o5s; sales, 4o5; stock. s9,soo. Boston: Middling. 36.4oc; receipts. 70;
 New York: Middling. sS.s5: exports. 104; stock, 17s,062.
 Minor ports: Receipts. III; exports. I'll;
 Total today: Receipts. 2s.sS1; exports, 1s,691: stock. 9s7,19o.
 Total for week: Receipts. 11ssso; e1-
 Total for season: Receipts. 4ss7.sos; INTERIOR MOVEMENT
 Houston: Middling, 35loc; receipts. g. BIO; shipments, 4,s75; sales. 727; stock.
 Memphis: Middling. s4.75c: receipts, s;s52; shipments, 7.677; sales. 1900; stock.
 Augusta: Middlins. s4.ssc: receipts. s1s; shipments: l,ss7; stack. 6$;7oS. 4.oos: shipments, 4.os5: stock. 5,s24. = Atlanta: Middling. 34.50c. Little Rock: Middling. 35.0oc; receipts 22o; shipments, S17; sales, 1,os7; stock
 Dallas: Middling. s4.s5c; sales, 4,6ss. Montgomery: Middling. 34.3sc. Total today: Receipts. 21,So3; ship ments. 1s,171; stock. 54s,3s2.
The Birmingham age-herald., 1924-01-04
DRY GOoDs

NEW YORK, Jan. s.-cotton goods markets were steady today, but the de- mand was light. Yarns showed no change. Interest increased in the fancy wool dress goods lines for spring. soft finished fabrics being in demand. Bur laps were barely steady; the primary Cal cutta market showed slight weaknees. Manufacturers bought more raw silk. Silks of a fancy description were In bet ter call. Knit goods were firm.
 COTTON SEED OIL
 NEW YORK. Jan.- 3.--Cotton seed oil declined several points early in syInpa- thy with lower lard. but offerinsg were scarce. particularly of January and prices readily responded to a few buying orders before the close. Final bids were un- changed to points net lower: Sales 8, 200 barrels. Prime crude. $50 sales ;j prime summer yellow spot, lie: January.I 11.o5o; March. 11.s1c; May, 11.ssc. allI bid.
 The British museum was founded in 1753.
The Birmingham age-herald., 1924-01-04
HORSES AND MILES
HUBBARD BROS. & CO.

EAST ST. LOUIS. H.. Jan. 3.-Horses and mules steady; quotations unchanged.
The Birmingham age-herald., 1924-01-04
FOREIGN EXCHANGE

NEW YORK, Jan. 3.-Foreign ex- changes irregular; quotations in cents: Great Britain demand. 4.297s; cables 4.sois; 6o-dsy bills on banks. 4276s France demand. 4.s9is cables, 4.90: Italy 4.eS and 4.28 ia; Belgium. 4.35ia and 43s Germany. .o0OoOOoOoO2o and OooooOoo oo ooo; Holland demand, 37SO: cables, 37.85: Norway. 14.29: Sweden demand. 26.41: Denmark, TIA; Switzerland, 17.21: Spain 1915; Greece, 2:o5: Poland, .oooo1s Czechoslovakia, 20.90: Jugoslavia 1.13; Austria, .0o14: Rumania. 34X; Argentina 31.S7; Brazil, s.75; Montreal. ST 17-32