davidaulloa/AmericanStories huggingface dataset:
Seward daily gateway., 1924-04-09
FORD SAYS HIGH TAXES OA R|CH
 ALSO PUTS BURDEN OlI TIE POOR

FOR LESS THAN S1, 300 IF HIGH SURTAX HAD PREVAILED IN PAST-SAYS PRES. COOLIDGE SHOULD CLEAN HOUSE.
Seward daily gateway., 1924-04-09
Cites Own Experience

"Take the Ford car as an illustra- tion. We had very little money when we began to build that car. We took out small wages for ourselves and put back the profits into better machinery -whic enabled us to reduce prices. We made more money and we put that back. Our profits began to be large and if the present income tax had been in force we should have had to pay most of what we earned to the govern ment. We did not have to do that and so we were able to put that money in to more and more which enabled us not only to bring the price of the car down, but also to raise our wages first to a minimum of five dol lars and then to minimum of six dol lars day. We were able still further to spread in the way of going back to the source of materials, in employing more people, and in making things cheaper and cheaper. We did not spend the money we made. We put it into production.
 "With the high surtaxes, advocated as benefit to the poor man or the man of moderate means, I doubt if ever we should have reached a point where we could have produced a car under fifteen hundred dollars and that only by paying evry low wages. We should haev had to pay low wages for the backs of men and not the backs of machines would have had to bear the weight of production. Our past earn ings-our wealth-are in those mach ines.
Seward daily gateway., 1924-04-09
High Taxes Burden Poor

High taxes on the rich do not take burdens off the poor. The put burdens nthe poor. As far as our company is
Evening star., 1924-03-08
DUN'S REVIEW NOTES
CAUTION IN BUSINESS
Rapid Growth in Trade Not to Be
Expected Under Present
Conditions.

By the Associated Press
NEW YORK, March S.-Dun's Re-
view today says:
with conservatism still the pre-
dominant sentiment, a rapid growth
of business is not to be expected
March opened with a number of ia
vorable indications, but conditions
remain uneven and there has been no
change from the policy of buying
only as the need arises. The disin-
clination to extend commitments very
far into the future Is general, yet
progress this year, il irregular. has
been on a solid basis.
There is an absence of speculative
operations even in lines where the
largest gains are seen, as in the steel
industry, and the stability of most
commodity prices is an encouraging
phase. Easing in some manufactured
goods has come, because of a tagging
demand or because of declines in raw
materials. but that there has been
less than the usual price unsettle-
ment is shown by the slight varia-
tions in Dun's index number.
with a clase balance between pro-
duction and consumption, most mar
kets are holding steady. and buyers
are not Influenced now, as they were
at this time last year, by fears of a
shortage of supplies
Evening star., 1924-03-08

Banking Trust ( Mortgage Co.
We want good First and Second
Trusts In Washln0ten and Vicinity
Reasonable Teems-prontpt tnvestlea.
tions. Call Or write.
Banking Trust ( Mortgage Co.
+ Rooms zo-z1 l@le q s.. NV.
Phono franklin 67S@
Evening star., 1924-03-08
BY STUART p. WEST.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, March S.-Nothing
that has happened during the past
week in the financial world ap-
proaches in interest the collapse in
the French franc. Much has been
written on the subject and much more
will be written. But out of the mass
of these writings the dominating fact
is the refusal until very lately to face
the facts. The official French atti-
tude all along has been that it was
speculation that was pressing the
franc. German manipulation was
charged, English manipulation was
charged. French financial writer's
took this position in one degree or
other; so did Paris correspondents for
the American press; SO did many over
here who let sentiment for France get
the better Of solid judgment.
New Program Forced.
For twelve months after the Ruhr,
occupation the French government
maintained the fiction Of an extraor-
dinary budget which was some day to
be balanced by German reparations
Then it came out more into the open
and admitted that reparations pay
ments were something that were no
French credit before the world could
not be re-established until the ex-
traordinary was included with the or
binary budget and an equation struck
between outlay and income, taking
the new fiscal program. Involving an
increase on the credit side of 7.500,-
000, 900 francs annually. This bill was
passed by the chamber of deputies
a week ago. 1t is not to be doubted
that it will receive the approval Of
the French senate.
Report of Experts.
The question is whether this will
be a sufficient measure Of relief, and
the answer to this question lies
largely in what the Dawes committee
reports regarding the amount Of in
demnity. which Germany is able to
increase. plus the retrenchment or
expenditures In the devastated re-
gions, will not be enough. 1t will
have to be supplemented by q very
balanced. and the paper currency
The forecasts of the reports of the
committees of expert Investigators
have all agreed that the proposal will
be for the next three years to have
Germany pay what she can in goods
instead Of cash. II will take all the
resources of the German government,
suppcsing 1t secures an international Il
loan on the railroads to compense its
own citizens for, the coal and other
commodities making up these pay
ments in kind"
Doubt Expressed Over Buaget.
There will be little left In the way
IF gold surplus to be turned over
O the allies. Between the German
payments in commodities and the III
Evening star., 1924-03-08
COMMODITY NEWS
WIRED STAR FROM
ENTIRE COUNTRY

HOUSTON, March S.-Fresh eggs
are selling as low as 10 cents dozen
wholesale in the Houston market,
owing to heavy receipts and weak
ness of northern and eastern mar
kets.
NEW YORK. March S.-Demand for
eggs from the larger chain stores is
reuorted to be increasing under the
influence of lower retail prices
BOSTON, Mar CHI, s.-The Maine
Central railroad has ordered ESQ box
cars from the Laconia Car Company
of New Hampshire. 1t is reported
here that this order foreshadows a
resumption of equipment buying by
New England railroads.
NORFOLK. March s.-The spinach
crop of eastern North Carolina will
be matured by the last of next week,
truckers declared today.
CHICAGO. March S.-Demand for
builders' hardware and tools is re-
ing the increased building activity
in this district.
BOSTON, March S.-SaIes of noils
continue satisfactory in the market.
with fine noils quoted at 80 to 95
cents and -bloods at SO to IS
cents. Fleece and territory woods are
firm.
PITTSBURGH. March S.-Tinplate
reached the peak of operations at
96 per cent, with full order books to
July. The greatest demand comes
from agricultural centerS.
Evening star., 1924-03-08
FARMERS DECIDING
ON YEARS CROPS
More Corn Expected South
Sticks to C0tton-SWinq
to Dairy Products.

The agricultural outlook appears to
include sentiment somewhat In ia
vor of corn over hogs, of dairy prod
ucts over cash crops in parts of the
west, OF sheep over cattle and Of
poultry over fruit, the Department of
Agriculture announces today, but 1t
added that it is too early to actually
measure changes. The cotton belt
alone appears fixed in its purpose to
stick to it's major line and to plant
more cotton. the department said.
mot since the days Of homespun
shirts and tallow candles has it been
so essential to make the farm produce
most of the family's living" said the
departments officials, in pointing out
that the surest way for farmers to
make wages these days is to put
some labor on vegetables, fruit, wood,
ineat' poultry and dairy products for
use at home.
Prices Of most leading products,
except milk, in the eastern part OF
the country, have improved. In the
south there is talk of increased cot
ton acreage. Bad roads have ham,
pered the market movement in the
corn belt, where the seed corn situa-
ton is said to be the worst in years.
Ihe wheat belt is still keenly inter-
ested in Legislative relief measures.
MOST OF the range country is coming
through the winter in good shape.
Live stock generally is in good con-
dition.
THE trend of prices received by
farmers during January was slightly
upward in the case of crops and ami
NAL products except butter and eggs.
The exchange value of agricultural
products for commodities that farm
ers buy was "A expressed as an index
number. compared with 73 the pre-
ceding month. 72 for the year 1929, 60
for 1922 and 67 for 1921, thus indicat-
ing some improvement in the posi-
tion of farm products in the past
three years."
Evening star., 1924-03-08
More Lines Proposed.
Ask Your Banker

Ask Your Banker
How much real value stands back
Of the stock you are asked to buy!
Are you sure that the nice. honest
looking stranger is telling you the
truth? Ask your banker to look into
what he claims.
Evening star., 1924-03-08
Collapse of French Francs
Biggest Factor IN Finance
Oil Inquiry Also Watched Very Closely
During Week-Trerd in Stock
Market Is Lacking.

creased French taxes, will there be
enough added to the credit side to
make the budget balance? Interna-
tional financial opinion is plainly
the principal reason for the decline
in the franc.
The second reason is the large de-
gree of imitation which has entered
into the French financial structure,
partly owing to. the piling up of in
ternal loans and partly to the rapid
expansion of the paper note issue
since the middle of last December.
AS the purchasing power of the franc
goes down and prices go up. the de-
mand for paper currency automatic
ally Increases. Each increase con-
tributes toward diminution of value
Hence there is established vicious
circle, which it is hard to break ex-
cept by doing what Austria did a
year ago and Germany proposes to do
now, namely, mortgage internal prop
critics In exchange for an outside
loan.
Oil Scandal Not Weakening Stocks.
The principal Interest In the stock
exchange movement of the week lay
in the further disproof Of the idea
that the investigations at Washing
ton were weakening confidence in thu
market. At no time was there any
serious notion that actual holders of
stocks would be alarmed into selling
because of the oil scandal or any of
its ramtfications. The speculative
riously has certainly not made money
by it's operations on the short side,
and has probably lost. ~
Events have borne out the analysis
of q price movement not inclined to
from the last of October to the end
of January was more than sufficient
to reflect the improvement in outside
business. A reaction occurred which
corrected the speculative excesses.
Then the market settled down to a
waiting period. There was no reason
for IL to renew the main advance, and
there was no reason for It to have q
further slump: Therefore, the logical
sequel was what has been seen dur
ing the past ten days, namely no gen.
eral swing either way, but merely a
series, of special movements CORE
spending to the position in individual
industries.
Trade Conditions Satisfactory.
General trade conditions are work
ing out along the lines, expected
There is no shortage of goods on
hand, hence there is no rush to buy
at rising prices, the way there was
sses tba months Yams asS :" On the other
unusually large, owing to the high
percentage of employment and the
high wage scales. The fact that
there Ia 80 little forward buying
and that the producers of the country
are continuing their policy of pur-
chasing for Immediate requirements
only, is one Of the strongest factors
In the situation. Next to this is the
extraordinary credit position, en-
trade expansion which has occurred
and the activity of the stock ex-
change, rediscounts at the federal
reserve banks have fallen to the low.
! est Of the Year.
4. Copyright. is24l
Evening star., 1924-03-08
Crude Oil Price
Given Another
! Boost IL, Vest
IN th. Aseocisted Press.

BY the Assoeis ted Press.
INDEPENDENCE, Kan. March
8.-An increase ranging from IL to
Is cents per barrel was announced
today by the Prairie Oil and Gas
Company for Kansas, Oklahoma
and north Texas crude oil. .~
Evening star., 1924-03-08
BY WILLIAM r. HErFERNAN.

NEW YORK, March S.--Midconti-
nent crude oil price advances an
nounced this morning by Prairie Oil
and Gas and followed by the Texas
Company overshadowed everything
else which had bearing upon to-
days price movement on the curb
market. These range from 10 cents q
barrel for the lower grades to rs
cents for the higher gravity oils and
were Immediately reflected in the
buying which entered the oil group
at the start Of business.
Prairie Oil and Gas was the most
prominent in the upturn and reached
Evening star., 1924-03-08

NEW YORK, March S.-Following
rs an official list of bonds and stocks
traded in on the New York Curb
Evening star., 1924-03-08
MINING.
CANADIAN RAILROADS
AFTER GRAIN TRAFFIC
By the Associated Press.

WINNIPEG, Manitoba, March g.
Use of all Canadian routes for grain
exports that would prevent the an
nuaI diversion of more than half of
the business to the Buffalo New York
city route was discussed here before
the royal grain inquiry commission.
gested that rates for grain shipments
on the Canadian National railroad
vent the shipment of grain through
Buffalo.
Routes for shipment should be ar
ranged also, Mr.. Scott declared, so
that all Canadian grain traffic might
be handled by Canadian railroads and
ships.
]. r. Dalrymple. vice president of
the National railroad, in charge OF
traffic, expressed himself in favor of
the scheme and said he hoped the
commission might ascertain whether
the Canadian railways were war
ranted in making the necessary rate
reductions.
Evening star., 1924-03-08
s450,000 TOBACCO BOND.
Reynolds Company Deals With Ma
tional Security Company.

NEW YORK, March S.-The largest
tobacco delivery bond ever written
was issued yesterday by the National
Security Company to the r. ]. Rey-
nolds Tobacco Company. covering the
delivery by the Standard Commercial
Tobacco Company of 4,4S1,0 900 pounds
of Macedonian tobacco of the 1929
crop, during the next eleven months.
The value Of the tobacco is $4,259,000
and the amount of the bonds is $780,
O00
Evening star., 1924-03-08
NEW YORK CURB MARKET
Received by Private Wlre Direct to The Star Omcs
246, where 1t was points above
Thursday'O close

24e, where 1t was points above
Thursdays close.
While the rise was not pronounced
in other members Of the Standard
and Independent groups, the action,
although expected. appeared to have
instilled more confidence in people
interested in this class of stocks. Ac-
tive buying continued throughout the
first hour and what gains occurred
were maintained for the most part
to the end Of business.
Pools in industrial specialties were
again active in their favorftes and
higher prices were the rule. Dubilier
Radio was an outstanding point of
strength and established a new high
record around 26h. Kreske Depart
ment Stores was actively taken at
top prices above So and Hazeltine
Corporation got up to Is.
Evening star., 1924-03-08
WARFIELD DENIES REPORT
Sea board Not Interested in Propos.
ed New Railroad.

ed New Railroad.
Special Dispatch to The Star.
BALTIMORE, March SIS. Davies
Warfield, president of the Seaboard
Air Line railway, denies that either
he or his road is financially interested
in the proposed Florida, Western and
Northern railroad. According to re-
ports. w. r. Bonsal. president of the
Jefferson Construction Company of
Charleston, S. c., is the prime mover
in the contemplated development
The line, which, it is admitted by
Seaboard officials. would prove a
valuable adjunct to that system in
many ways, will cross the lower part
Of the state of Florida and will make
contact at two points with the Sea-
board.
Discussing the application Of Louis
vile and Nashville to lease the Caro-
lima. Clinchfield and Ohio, Mr.. War
field said that counsel for the Sea-
board would file supplementary docu-
mentS with the Interstate Commerce
Commission before March 20, the date
set when the commission extended the
time for appeal from the proposal.
Evening star., 1924-03-08
McCRORY SALES LARGER.

NEW YORK, March S.-February
sales of the McCrory Stores Corpor-
alton amounted to $1,612,113. an in
crease Of 28.3 per cent over the same
month last year, and sales for the
first two months this year totaled
$2,964,319, or an increase of 1913 per
cent over the first two months of
1928
Evening star., 1924-03-08
CAR LOADINGS DROP.

PHILADELPHIA, March s. Car
1oadings on Pennsylvania Railroad
system for week ended March l were
159,403, against 1860 in the pre-
ceding week and 156.476 a year ago.
For the year to date loadings were
1,319,910, against 1,322,954 in 1928
period, 1,09S,409 in 1922, 1,046,575 in
1921 and 1,1S0,372 in 1920.
Evening star., 1924-03-08
KRESS SALES $2,344,348.

NEW YORK, March S.-Sale of the
s. III. Kress & Co. ten-cent stores
during February amounted to S2,S44,-
34s, compared with s2,O02,079 in Feb
ruary of last year, or an increase of
III per cent. Sales for the first two
months this year were S4,496,S92,
compared with $4.062,04l in the same
period in 1928, or an increase of 10.7
per cent.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1924-05-08
Of Tale
Of the
.FLatwOOds


with curious elaboration; stared hard
at the scattered money; stepped
around the body of his dead associate;
crossed the floor and, closely followed
by the woodsman, who still watched
him narrowly, crawled through the
window and stood in apparent stolid-
ness, as if waiting to be told what to
do next.
The woodsman, no little ranked
that his offered clemency-an offer
that had cost him much to make-had
been received with cold, even naughty
Indifference, dropped to the ground
behind him and stood moment sound
ing the night. Except at Uncle Nicks,
where Mrs. Curry probably lay tossing
with anxiety, not a candle was alight.
he closed the window and turned to
the stolid figure in front of him.
"Tm givin' y'u time to warn Loge
Belden off and take t. the woods-if
up, I'm amin t. fire off Pap Simon's
shotgun and rouse the village This
house will be put under guard t'night,
and t'mOrrow all that money will be
took t. the city and put in the bank,
where it ough' t. ben long ago"-a
thought of the mountain girl crying
under the window the night before
crossed his mind, and his voice grew
crisp and cold land If y'u never
come back, wy, that1l be soon enough
FIR me; but If y'u do y'u've got t. come
clean"
A black scowl swept the bearded
face Of the other; his eyes glared dam
gerously. WarhOpe-the bound boy
that he had committed the blunder Of
so vastly undertaking He half turned,
muttered oath on his lips; but mas
tered the outburst, and, with the air
of man who bowed to circumstances,
strobe across the yard, nursing his
shattered hand and fumbling the elab-
crate frOck coat about him.
All unknown to the woodsman there
lay concealed in that same frock coat
another weapon-a small single-shot
pistol of heavy caliber that thugs Of
the underworld often carried, deadly
at close range but inaccurate at dis
tance-a weapon that the men of the
woods knew nothing about. At the
brink of the yard, just where it dipped
to the little park, he suddeny snatched
it forth; whirled and fred.
Even with his right hand shattered
and having to shoot with his left, with
almost no light al. all, the shot dis
closed what he could have done with
real gun-the bullet scorched the
woodsman's blouse and passed between
his left arm and his side. The man
crouched at the brink Of the yard
watched the success of the shot-his
last desperate attempt-knew that it
failed; swore, and dashed away up the
path that led into the jaws Of Eagle
hollow.
1t all occurred in the flick Of an In
slant. Amazed at the treachery, the
woodsman sprang out of the dim
square of candle-light that fell through
the window. He snatched out his re-
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1924-05-08

but like to be nearby and feel their
moisture.
IT like to be on the edge Of
swamp, or l love to be on a bank Of
a running particularly Of a
mountain stream.
"It is true will grow and behave
very nicely in a park or In garden,
but / must have quite rich soil or
earth.
Il don't mean to be funny, but /
was brought up that way and the
family ways are always the same. We
cannot change them.
Nor" he added, "do we want to
change them"
"You look very much like your
name,n said Billie Brownie.
That's what they all say" the UNI
brella Tree replied
"And it pleases me very much. 1t
is something as though some one said
to little girl:
GLOW much you do look like your
mother She is pleased to hear that.
"All we trees look like nice gay,
green umbrellas.
eff you will notice you will see that
our white flowers are surrounded by
leaves which look as though they were
acting as little umbrellas for the flow
ers.
$50 we are well named.
"But I suppose it seems funny to
you that we should love it where it is
damp when we are always protected
by umbrellas.
ut isn't so funny when you stop to
think of it. You see If we liked it
where it was dry we wouldn't have
any need Of umbrellas.
"We belong to the great Magnolia
family and we are very proud of this
fact"
81 should think you would be-" said
Billie Brownie, "and I am most happy
that / was asked to come and see you,
for l think you're most interesting,
most interesting" he ended, as he
made a handsome bow In farewell.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1924-05-08
DdddyS
b6 EyeniN0
Fairy Tale
THE UMBRELLA TREE
6DWAA.R|,Yl GRAHAM BONNER

The Umbrella Tree had heard that
Billie Brownie had been to visit the
Swamp White Oak and had asked that
Billie Brownie should come to visit
him.
"Can't Billie Brownie come and see
me?" the Umbrella Tree asked Moth
er Nature.
Il will see if he has no other en-
gagement-or rather if he can come
between engagements, for he is a very
busy Brownie.
IF he can come / will certainly be
pleased and think he will be too, for
you are one of my children, and like
to have Billie Brownie call on my
children.
Gle tells others about my children
and of their ways and of their looks
and of what they like.
81 will ask him, Umbrella Tree"
The Umbrella Tree thanked Mother.
Nature and waited anxiously to see il
Billie Brownie could come.
When he received his invitation he
looked at the Suns Rays to see what
time it was-which was Billie
Brownies way of telling the time, and
he said
Eyes, I've time, and I'd be delighted
to call on the Umbrella Tree
So to the Umbrella Tree came Billie
Brownie.
"You see" the Umbrella Tree ex-
planned, II was particularly anxious
that you should come and call on me
for l had been told that you had Wis
tied the Swamp White Oak and I
wanted to tell you that I, too, loved
swamps.
II don't care to stand in them in
Just the way Swamp White Oak does,
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1924-05-08
CHAPTER xvlII-continued.

There followed the subdued shuttle
IF feet; the guarded scrape of match;
the flicker of a tardy candle. A dim
light fell through the open door in a
long splotch of yellow across the sit
ting room and the knob of the safe was
softly turned. By some supersense
that marvelously functions at such
moment, he knew when the door
opened. Across the silence came the
subdued crinkle of paper. The ripe In
slant had come.
Pushing the curtains aside, he left
the closet. A board in the floor
creaked as his weight came upon it.
He stood perfectly still until the rattle
of the paper told him the creaking
board had not betrayed him; worked
his way around the wall and peered
past the dOor-jamb.
Two men were crouched by shaded
candle in front of the massive safe;