davidaulloa/AmericanStories huggingface dataset:
Evening star., 1924-05-18

ent law was enacted. The number Of
voters has been approximately doubled,
and the cost Of campaigning has natu-
rally been considerably increased. The
present law, where no state limitation
applies. permits expenditure of $4,000
for nomination and election b. q candi-
date for senator. There should Be no
hard and fast rule limiting campaign
expenses to fixed amount. the House
committee finds, because the conditions
existing in various parts Of the country
are so widely different. A candidate for
senator in New York, for instance,
would be permitted to expend more
money than a candidate in a state with
a very small population. A candidate
having 100000 voters. say, in his state
should not be limited necessarily to the
amount which candidate having only
$4,000 voters in his state may spend.
Evening star., 1924-05-18
ny ARTHUR CAPPER,

ny ARTHUR CAPPER.
United States Senator From Kanaas.
~ ENG from Kansas, the greatest
X wheat-growing state in the
Union. ! am naturally inclined
to the opinion that the most
vital issue now before the American
people is the condition of our farmers
But there are interlocking issues, Dear
ing directly and indirectly on the well
fare Of the agriculturist. Taxation bears
as heavily on the farmer as 1t does on
the people Of the east, where manu-
featuring predominates. And under
lying heavy and burdensome taxa
ment and war.
Therefore I would call the three
leading issues:
First: The problem Of getting the
farmer back on his financial feet and
thus re-establishing his morale.
Second: The reduction of taxation
and the elimination Of tax-exempt Sc
curities. In this also is included the
more just and equitable distribution
of tax imposts.
Third: A disarmament conference
to bring about peace among the
peoples of the world. with the inevi-
table reduction in taxes.
Let us take up the farm Ques-
tion first Last year the American
farmer produced all sorts Of natural
products for which he received ST.
500,00o,000. The ultimate consumer
paid s22.5oo. 100000, the vast differ
ence going to the spectators, the
middlemen and the retail sellers.
This is unjust not alone to the
farmer, but to the consumer. Why
should the farmer lose everything
his farm, his stock, his all-that the
Shylocks may gain? Why should the
consumer be mulcted as he is? Take
concrete examples of how the farmer
is done" daily and hourly. One OF
my constituents butchered a calf and
sold the hide for so cents He needed
two leather pump washers They
cost him 81. The ear of that 5o-cent
hide would have made both 81 wash
ers.
Not long ago $50 farmers sat down
to banquet at Imber, Greg. Virtually
Evening star., 1924-05-18
BAN UPON CORRUPTION
In POLITICS is PROPOSED
Measure o. KID by House Committee
May Be Passed Before Present Ses-
sion of Congress Ends.

tn beget that purity in politics
which is desired by both par
ties, and by all the people be-
cause an election is a public
affair and participation therein a
public duty, a bill to prevent corrupt
practices in congressional elections
has been favorably reported from the
proper House committee and an effort
is being made to have it acted upon
at the present session OF Congress.
This measure endeavors to meet the
issues raised by the Supreme Court in
the Newberry case and to lead up to
and encourage the passage of proper
corrupt practices laws by all the
states. 1t also considers the fact that
campaigning has been materially
changed and the number of voters
practically doubled by adoption of the
women's suffrage amendment.
Publicity Foe of Corruption.
The report for the House commit
tee was drafted by Representative
John L. Cable of Ohio, who points out
that publicity throughout the year of
contributions received by political or
ganizations, particularly large sums,
will go a great way In preventing
corrupt practices in elections. The
purchase of power and influence
either by a candidate, by means of
large expenditures, or by individuals
or interests, by means of great con-
tributions, reflects both upon our
government and on those from Whom
the power is derived. Not only should
there be a Limitation Of expenditures
but there should also be prompt and
proper publicity of contributions ano
expenditures.
Recently in Washington we have
heard of large contributions given by
certain wealthy men to both pohtical
parties. no report being made and
filed containing such receipts. The
evil does not lie so much in the con-
tribution as in it's purpose. II proper
publicity is given, the contributor Will
hesitate to carry water on both shoul-
ders by giving to both parties. such
a donor expects some return, a favor
for his contribution.
curing publicity throughout the en-
tire year will go far to cure this evil.
Under the present law reports are
made by political committees just be-
fore and Immediately after elections.
The public has no knowledge of con-
tributions made in the meantime.
Piecemeal Legislation.
To emphasize the need those who are
urging the earliest possible action
point out that the existing law regu-
lating corrupt practices in elections
has been enacted in piecemeal fashion
and consists of six separate acts of
Congress passed, respectively. in 1907,
1903, 1910, 1911. 1912 and 1918 These
laws are in part antiquated because
of additional amendments to our Con-
stitution. They are unconstitutional
in part because Of the decision Of the
United States Supreme Court in the
Newberry case. They handicap the
honest candidate through certain lin
itations which were enacted before
the number of voters was doubled by
the adoption Of the women's suffrage
amendment The law fails to require
proper publicity Of contributions
made between elections and TINS
huge contributions, given oftentimes
Evening star., 1924-05-18
POINCARE OUT OF WAY
EUROPE MAY ADVANCE
Peoples Determination That There Shall
Be Real Peace Expected to
Prevail.
BY OLIVER OWEN KUHN.
URoPE'S conscious determine

n URoPE'S conscious determine
X ton that there shall be peace,
IL greater exemplification Of the
brotherhood of man in practi-
cal affairs political and economic, has
forged to the front again
Former President Wilson infamed
this consciousness. But, through
trickery and political scheming. as
practiced by leaders subsequent to the
treaty Of Versailles, peoples of
Europe lapsed into state of dis
couragement. Through the actions
of few men in position to dominate
the making Of the peace" proved a
hasco. Rampant nationalism, to the
exclusion of common veal predom-
mated. Old jealousies and antipathies
were used to promote precepts and
practices leading nations along the
highways toward war in future dec
cades. Peoples generally struggled
but futilly, in the face Of governments
dominated by the old order The 8
masses Of people Of whatsoever political
creed apparently were ignored by states
men while nationalistic policies were
affected and implanted upon Europe's
body polite.
Work Together Impossible.
Instead Of allied nations working
together in the formulation OF poll
cies designed to lay low the old
prejudices and end tho fight for
political prestige, which but pro-
lonsed economic disorders and pre-
vented governments as we'll as eco
nomic and industrial interests from
co-ordinating their influence in re-
storing Europe to semblance of
normality, the contrary has been
true. England has never lost sight
of strictly English interests on the
continent, but England's political eff
forts faded into insignificance before
the widespread plans Of the French
nationalistS, led by Premier Poincare,
and looking toward complete conti-
mental domination through a series of
alliances with smaller nations.
Coupled with these alliances was the
French nationalist plan of not only
prostrating German industry and
military power, but eventually con-
trolling the Rhineland and the Ruhr.
Officially and through the means of
Francophile propagandists this al
ways has been denied by Paris. But
many French statesmen more out
spoken than others have admitted
extensionist plans and Poincare's con-
| cealment of annexationist plans under
the guise Of collecting reparations
and in preparing for the future Sc
curity Of France. In various confer
enceS with other nations the French
nationalist viewpoint under. Poincare
was pressed to logical conclusion
with offensive and defensive treaties
France would. be in position to DOM
mate continental affairs.
The French people saw themselves
committed to programs necessitating
continued drain on the nations
finances. They. after due delibera-
ton, foresaw an attempt to dodge
agreement with other allies of the
war in an effort to perpetuate a
strictly French viewpoint They wit
messed constant disagreement with
England and Italy in the modifica-
ton of reparations collection plans
and any effort designed to bring
about some settlement, They viewed
Evening star., 1924-05-18

with the hope OF a reward or favor,
are not reported. An attempt is now
being made to get an orderly revision
OF the existing laws; to eliminate un-
certainties and unconstitutional por-
tions and to add provisions deemed
necessary to cure defects in the pres
ent system.
Applies to Last Campaign.
In view of the majority opinion of
the Supreme Court in the Newberry
case that the statute, in so far as it
attempted to regulate the nomination
of candidate for Senator was un-
constitutional this bill specifically
provides that the term election" does
not include a primary election or con-
vention of a political party. The lin
itation in the bill as to expenditures
by a candidate applies only to the
campaign leading up to the final cleo
tion and not to the primary campaign
as the existing statute endeavored
to do. In the opinion of the commit
tee, the limitation upon expenditures
in a primary campaign is rendered
impossible by the decision in the
Newberry case, and it is deemed de-
sirable that this portion of the statute
should be finally clarified.
Because Congress specifically re-
frains from attempting to regulate
primaries and nominating conven-
tions, the responsibility is placed di-
rectly with the several states, and it
is the hope and belief of the commit
passage of proper corrupt practices
laws by the states which have not al
ready passed satisfactory legislation
on this important subject.
Situation in States.
The states of Illinois, Mississippi,
Rhode Island, Tennessee and Arkan-
sas have no corrupt practices laws
whatever.
In Colorado, Delaware, Georgia,
New York, Pennsylvania, Vermont
and Arizona there is no limit to the
amount which a candidate may ex-
pend. In New Jersey the limit is as
high as $4,000.
In Idaho, Iowa, Virginia and F1ori-
da the law applies to primaries, but
not to elections. Therefore in these
states there is no limit on expendi-
lures in elections, other than as i'm
posed by the valid portions of the
present federal statutes.
The present corrupt practices act was
passed prior to the adoption Of the
seventeenth amendment to the Consttu-
ton covering direct election Of senators.
The bill, therefore, eliminates the pro
visions regulating the election Of sena-
tors by the legislatures Of the several
states and effectively regulates the elec-
tion Of senator's BY the people in ac-
cordance with the present constitutional
status. The seventeenth amendment was
declared in a proclamation BY the Sec
retary Of State, dated May 81, 1913, to
have been ratified by the legislatures of
tho required number Of states It will
be observed that Congress has thus de-
layed for practically eleven years this
particular revision in the corrupt prac-
tices act
Nunher sf Vsters Doubled.
The nineteeueh twom2n suffraEe)
amendmeut was ratified since the pres
Evening star., 1924-05-18

The bill came to the Senate. It is
70 secret that the Senate was pre-
pared to eliminate the so-called Jap
Anese exclusion clause and to leave
60 tho administration the duty of
working out satisfactory arrange
ments with Japan to check stir fur
ther immigration from that country.
But At this juncture Secretary Hughes
Of the State Department sent to
Chairman Colt of the Senate immi-
grafton committee a letter addressed
to him by Ambassador Hanihara Of
Japan. saying. among other things,
that grave consequences" might re-
suit from the eaactment Of such leg
fsiat1Sa. IT was read to the Senate.
Evening star., 1924-05-18

Senator Oscar W. Underwood.
The Birmingham age-herald., 1924-07-12
puN.s REVIEW

NEW YORK. July 11.-Dun's tomor- row will say:
 ''Nothing in the weeks reports indi- cates any Fundamental change in gen. eral business, but none Is to be expected at this period. It is normally the time of year for abatement of operations, except In the sale of summer special ties, and the further slowing down in most directions is a seasonal trend. Some revival of buying interest in cer= tain textile divisions Is an encouraging phase, and the packer hide market Is more active and firmer, but the main condition is still one of limited demand and lower prices. The prospect for smaller grain crops this year has caused appreclably higher prices for the prin- cipal cereals, yet Dun's list of whole sale quotations, for the nineteenth con secutive week, shows more reductions than increases. The excess of de- clines is, however, much narrower than in the recent past, and there is evidence that prices in some quarters have reached the point where sellers are not disposed to make additional conces- sions.
 Weekly bank clearings, se,27s, ,5s2,- 0OO."
The Birmingham age-herald., 1924-07-12
FIRM UNDERTONE FEATURES CURB Trading Slows Down AL though Public Utili-
 ties Gain

NEW YORK, July 1l.-Trading in curb stocks slowed down today but the market developed a firm undertone with some substantial gains being re- corded in the industrial public utility groups. Oil shares moved irregularly, Prairie Oil and Gas closing at POS for net gain of 212 points. Most of the other sO-called Standard Oil issues im- proved fractionally. Revival of activity in Woodley Petroleum reflected the completion of new 2,0OO barrel. well in the cotton valley district in Louis jana.
 American Light and Traction, selling ex-dividend, led the public utility group with a net gain of more than points. Lehigh Power securities, Hudson com pany preferred and Hudson and Man haitian showed large fractional gains. Dubilier assumed the leadership of the radio group by climbing 115 points to- 42h. National Tea advanced more than point on odd lot sales. Baking company issues were again in good de- mand.:
The Birmingham age-herald., 1924-07-12
NEW ORI4EANS COTT0N

NEW ORLEANS, July 1.-The cotton market, after a tame enough opening and an early decline on favor able weather except along the Atlan- tic coast, coupled with reports fhak con considerable amounts of cotton were headed towards New York from the south and from Bremen for delivery on July contract, developed a sensational advance in the last hour of trading, which carried July up 124 points from 26.74c near the opening to 27.9Sc at the close, a net gain for the day9of 105 points,.
 The new crop months which were easier in the early trading later ad- yanced on reports of heavy rains in Alabama and Georgia and rainstorms in South Carolina. Weekly statistics were also bullish. October, which had traded at, 23.3Sc early or IT points be- low the previous close, advanced 70 points to 24.17. December advanced 71 points from 23.26c to 23.97e. The close was at the top, showing net gains for the day of 105 points on July and 53 to 59 points on new crop mouths.
 In connection with the big advance of July it was reported that the spot firm mainly interested in the long end o fthe near month option had bought up 10000 bales of spots in southern mar kets, including 1,500 bales in the local market to prevent cotton being shipped to New York and rendered on July con tracts. The continued bad weather in the eastern belt and the fear of another hot spell in the. west following trough ty conditions there have alarmed shorts and caused some fear that the govern ment mid-month report may show no improved in the crop and possibly some deterioration.
The Birmingham age-herald., 1924-07-12
GAINS FOLLOW
 COTTON DECLINE
July Advances Five Points At Opening Of
 Market

NEW YORK, July 11.-Eafly de clines were followed by subctahtial ad- vsnces in the cotton market owing to continued nervousness over eastern belt crop progress, bullish weekend statis, ties and covering by recent sellers. OcT tober deliveries sold up from 24.23 to 24.96c, a net advance of 56 points and closed at 24.90c. The general market closed firm nt net advances of B to 62 points. 8
 The opening was steady atgan ad- vance of 5 points on July but generally 10 to 13 points lower because ot the rel atively. easy Liverpool cables yand re- ports of further showers in the south west. July sold at 29.15c at the start and December declined to 235Sc, offer 'ings were comparatively light tfnd the market steadied on renewed covering by July shorts.
 Buying of later deliveries, believed to be partly for trade account and the ready absorption of the ca .ly offerings, stimulated covering for over the week end. July sold up 29.S0c and Decem- Der to 24.34c in the late trading. SThe close was only a few points off from, the best.
 Uncertainty whether showers in the southwest had been sufficient, to oshelp the crop materially in view of higher temperatures reported today was a con tributng factor on the 'ate advances. Western interests were among the buy CTS as if influenced by the advance in the grain market, s.s.4.
 The weekend figures showed spin ners'~ takings of 136, ,768 bales for the week. compared with 1OS,910 last year. A decrease of 96, ,299 in the worlds vis- ibie supply of American. cotton for the week was the greatest loss in any one week since last May Exports today, 3,421, making 5,669,- TIA so far ths season. Port receipts, 2,991. United States port stocks, 2SS,- 476. ..,-.
The Birmingham age-herald., 1924-07-12
CANADIAN. 1: \. SLUMP
 SENDS WHEAT UP.
One Brief Setback Marks Day In Chicago Grain
 Market

CHICAGO, July >11.-With the Ca nadian crop, reported as being curtailed several million bales daily through lack of rain, wheat made material fresh upturn in price today. Closing quotations here for wheat, although un- settled, were A@1c to 1 3Sc net higher. September, 1169s and December 119@, 119h to 119B. Corn finished un- changed to 3sc advance; oats 4 to ssc up and provisions at 5 to 27ct gain. S Except for one brief setback the wheat, market kept climbing through out the day. Attention centered almost altogether on. the situation resulting from continued dry hot weather in Can ada. One authority here estimated that the probable yield of Canada has been reduced 30,0O0,000 bushels since July l and this statement acquired heavy emphasis from Canadian government report which suggested that the 1924 crop in Canada would be 43,00O, 600 bushels less than was harvested last year.
 South Dakota and Montana com plaints of dry weather tended to en- nance wheat values and so did bulge in prices at Buenos Aires as well as European buying here and at Winnipeg and also at the Gulf of Mexico. On the other hand the movement of new wheat from the domestic harvest was steadily increasing and considerable amount of the days sales appeared to be from hedging. H.
 Acute scarcity of immediate supplies of corn scored July and September de- liveries of new high price record for the season. No. 2 yellow here de- liverable on. the spot commanded $1.11 a bushei, another top record. Hot weather favoring corn growth, however, eased December and. May.
 Oats averaged higher with, corn de- spite favorable crop news.
 Provisions keeping pace with corn, hogs reached new top prices for the sea son. .'-.'
The Birmingham age-herald., 1924-07-12
WOOL MARKET

BOSTON, July 1.-The Commercial Bulletin will say tomorrow:
 "The strength noted during the last two weeks in the American wool mar kets has not only persisted but even has further strengthened during the past week, and quotations on the local mar ket are about Pc a pound dearer in the grease all around, and occasionally a bit more, fine wools being especially strongly held. This is not due to any particularly better tone in the goods market, although there Is a better tone there, too, doubtless, in view of the set clement of the several garment makers strikes and the general knowledge that the clothing market Is not too we'll sup piled"
The Birmingham age-herald., 1924-07-12

NEW YORK, July 1L-4Foreign ex- $4.36; 60-day bills on banks, $4.33 France. demand, 5.0s1z; cables, 5.09; Italy, 4.2614 @4.27; Belgium, 4.52h @453; Germany (per trillion), .2S%; Holland 3770; Norway, 1887; Sweden, 26.57; Den mark, 1902; Switzerland, 1s.16; Spain 1924; Greece, 1.72h; Poland, 1874 Czechoslovakia, 2.94h; Jugoslavia,. LIS; Austria, .0014h; Rumania, .43A; Argen- tine, 32.62; Brazil, 9.95; Tokyo, 41%; Montreal, 99h.
The Birmingham age-herald., 1924-07-12
'LAN.TO UPSET E STOCKS BEATEN peculative Interest Cen.
 ters On. Public Utilities

NEW YORK, July 11.-Stock prices
 veloped moderate strength in todays
 arket after an early period of irregu-
 rity resulting from several unsuc-
 ssful attempts of professional opera
 is to bring about another general re-
 Etion. While profit taking sales were
 substantial volume and diligent eff Brts were made to uncover weak spots, Y offerings were well absorbed and
 le main trend was decidedly upward
 the close. &
 Cbief speculative interest again cen
 Bred in the public utilities which com
 .ibuted one-third ofs the 21 new 1924
 s9h records established during the ses.
 on. American Water Works common, &hich established a record price for all line at 1151a yesterday, was run up #.orn 1O21z to 108 today and then |popped back to 105 for net gain of j points. Montana Power, which is ex- 2ected in some. quarters to be the key
 one of a big western public utility herger. touched, a new top at 7I and Sien eased to G09& for a net gain of 4 K. Good buying also was noted i'll Consolidated Gas, Brooklyn Union Gas Ind Virginia Railway and Power, all fs which sold at their best prices of the ear.
 Railroad Shares To 1'lis Fore Railroad shares came 7tp the fore khen a sudden demand developed for She coal carriers, new peak prices be. zhg established by Erie common and. 7econd preferred, Chesapeake and Ohio } nd Chicago and Eastern Illinois. Erie frstapreferred and Pittsburg and West Virginia duplicated their previous maxi 1hnm prices. Other strong spots in his group included St. Louis, South Festern, Pere Marquette, Lehigh Val; sey and Lackawanna Standard Industrials were inclined lo heaviness in the early trading, but |tiffened later when a brisk demand de- FeIoped for American Locomotive, which. slimbed more than 3 points to new fear's maximum figure at 79H. This led to active short covering in Baldwin Ind American Can, each of whi Y llosed about 2 points higher at 1f6ss ] nd 116, respectively. United States Eteel common closed at par, up A,
 Oil Shares Sluggish
 Oil. rubber. tobacco and sugar ghAres were sluggish. American Su1 |nntra tobacco, common and preferred, broke to new low levels for the year; trade reports also caused bome unsettlement in the textile is- tues, Daniel Boone Mills and Munsing Wear selling at new 1924 lows, Ru- maors of a general cut in Midcontinent crude prices, cast i' w over the oil Issues, Sinclair breaking through it's Dfevious low level to 17A.
 Money rates were unchanged. Call money continued to rule at two per. eent. Little activity was reported in the time money and commercial paper markets.
 The feature of the foreign exchange market was the strength of sterlings which advanced 11s cents to 436, the nighest in several months. Swiss and Danish exchange showed good gains put the other European currencies 1hctuated within narrow limits, French francs selling around 5.0S15 cents.
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