davidaulloa/AmericanStories huggingface dataset:
, 1924-02-11

we must express our appreciation to the
Superintendent Of the Public Schools and
the Medical Director of the Island for
the splendid manner ia which we find
their work. so splandid!y managed in St.
Thomas and further extended to the Is
land Of ST. Crcix. We wish to also
thank the Director of Police. in fact,
all of the Federal and Municipal Au-
thorities for their great courtesy and
kindness TO us at all times.
The Commissions interest is still with
the hum5lest people of these islands.
and W. shall NOT cease TO continue our
work 10 behalf Of the man and the wO,
man, the boy and girl, who make their
living by humble aud honest toll, and to
them we wish to say that, while leaving
the Islands, we DO not thereby sever cur
interest in these people. No set of men
were ever treated with more kind and
generous consideration than that when
the humble people of the VirRin Islands
have so readily extended to US on each
and every occasion, and our pledge to
these people, now and hereafter. is that
whatever we are able to DO to help i'm
prove their condition, shall be u HeSitat-
ingly and promptly Ctne We desire
that our absence from The Islands shall
NOT create an absence of our interest IN
the %Isianos, and if anyone has been over
looked, we desire these people i0dlvldu-
ally or collectively 10 have the right ani
priv eye 10 write US in the United
States. You may write the undersigned
either at his personal address jn th4 City
of Des Moiles. Iowa, as follows. George
H. Woodson, 1924. w. Jefferson Ave Das
Moines, Iowa, or YOU may write me a.
follows: George FL. WoOdson. Chairman,
u. S Commission TO the Virgin Islands
Q924), cto u. s. Department of Labor.
W~ashington, D.. {. In either case your
mail is reasonably sure to reach me, and
if the first letter is not answered within
d reasonable LEM. ID Of time, you should
write me again.
Gratefully and a~ffectionateIy your hum
bic fellow and friend,
GEORGE Fl. NOODSON,
Chairman. United States Commission
to tie Virgin I5iulI5, 1911.
, 1924-02-11
correspondence

HEAD0rARTERS-FEDERAL. COMMISSION
TO H VIRGIN ISLANDS Q924l
rS 80 g. 'r,oiv
Gnbn,nr,, q 1901
~. ""''
~, E~,aau,.o, ro,ouoor pbilio Williams
't,a ~ V;ra Ls : & A
9 :, 49, n SIia.m = 2,a'
r !. .r :" - "''
The Honorable r. r. Barrett,
DespttchJng Secretary.
The C,IoniaI C,unciIs il ioint session
~, DIr
Inc various ruoIlc OHlcIaIS, mq"ISIpal
ana FeoRfaI' OF the lsIaAu OF o. GRO
The Churches, Labor Organizations and
Societies Of the Island Of ST. Croix.
1a.+a, y r,.a,d ~, ,niaud;a Gov,
I"psa'' = ! Z 0 - az" 40 p'0"''
u ne 70 o. D 0'90S'
The Individual Citizens and Natives Of
the Virgin Islands,
Tho pnhlic Press of 81 Croiv
ne many LEousanuS OF IrlohuS VINO met
the United States commission 70 the Vlr-
en- Islands upon us arrival IN CnrlSllan-
sted on the late afternoon OF teOruary z.
1874, n 10 all to whom these presents
, 1924-02-11

much to the enjoyment Of a large gather
ing.
Tomorrow being LincoDn's birthday
end proclaimed by His ExceIIency the
Governor as a puzzle holiday there will
be Nd issue Of this paper.
, 1924-02-11

SCHOOL ATTENDANCE REPORT No. II
Week Ending Feb. z, 1924.
Municipality Of St. CrOix,
, 1924-02-11

The Native Brass Band rendered a fine
programme in the bandstand Ia. nigut
Evening star., 1924-09-02

Shades of better quality and reliability, because
made of selected materials, by best workmen and
equipment in own large, daylight shops.
. Water color shades. on guaranteed rollers, size
So inches wide by feet long, complete with crochet
ring and eyelet and both brackets ready to put up
at your windows.
Whether your fall home improvement plans
call for shades or not, this offering should en-
courage you to make this important addition to
your home, if your present shades are in the least
doubtful.
Evening star., 1924-09-02

Decorated parchment shades in beauti-
full color decorations. complete with
wiring and sockets. A lot OF comfort
and beauty for dollar-try to match it!
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12
CLAYWORKERS
HOLD MEETING
State Association Convenes
at University

The Pacific Northwest Clay Work.
ers' association convened saturday
morning for an an.day session in
the ceramic engineering laboratory
OF tho University OF Washington.
The sessions win conclude with a
business meeting and election OF or
Ulcers In tho evening.
Morning and afternoon sessions
arc devoted 10 technical and manu-,
featuring discussions, Speakers on
The morning program were Hewitt
Wilson. ceramic department OF the
University OF Washington; Hiding
johnson. University OF Washington,
Wallace Thorsen. University OF
Washington. and representatives Of
the Columbia Brick Co. OF Portland.
and OF the Chohalls Brick and Tile
Co. OF chehaiis.
Methods OF firing kills win he the
CHIEF subject for discussion al the
afternoon session. Speakers are 10
include Or. II. X. Benson. depart,
ment OF chemistry OF The University
OF Washington: f. T, Houlahan. OF
the Builders Brick Co; ". d, Moore.
OF the Pacific Coast Coal Co. III. c.
Fisher. or the University OF wash
lngton; J. r. StrRumford. Of the
pcnny.Renton Clay Co. and p. q.
Larkln. OF Gladdlng. Mclean & Co
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12
Use OF BRICK
is INCREASING
Seasonal Activity Is Unprec-
edented, Says Report

In spite Of tho fact that 1898
WAS spectacular year in building.
tho fact that tho sale Of bricks had
n greater increase over 1929 than
did building activity. IS brought out
IN the report OF tho Common Brick
Manufacturers association report
just issued.
''rho present demand for brick IA
unprecedented NJ this season Of the
year" tho report says. This ~
partly due 10 tho mild weather TINT
haa been experienced over consider.
ahlo portions Il tho country. and
partly 90 thc movement now on foot
70 make building more OF year.
around industry.
Nowadays. thr merits Of every.
thing sold must be kept before the
users OF the product by constant
advertising. We have found that
even brick must 30 advertised. and
The beneficial effects OF our adyer.
Using arc being reflected in the In.
oreaslng ratio OF brick production TO
volume OF building"
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12
Vessels in Port at Seattle

Smith Cove Terminal--PIer f0-Btr Bear
port.
Bell Street TerrninaI-u. s.. O. q. UnaIEn.
Grand Trunk Pacific Terminal Str Ad-
mifai Watson.
Pier if-Str Achllles
pier iiB-Btr OweEo.
pier s-atr Broosdale
Pier i0-str Fulton.
PIER Str Tauhna.
Pier i-sfr Eagle 10. g.
Pier B-str ArtizaH.
Pier D-Btr Admiral Rodmau.
Pacific Coast Engineering wotks-u. g.
G. q. Snohomiah.
Connecticut strcet Terminal--U. q. q.
Dlseovefer, Pioneer ctr coluss.
Atlantic Street Terminai-str Hhniey.
Associated OH Co.-str Victoria.
King 4 WinEo-schr Ruby. ma Anvil.
Spokane Street Tsrminai-str Roman
star
Duthiss-U 8. 8 Connecticut.
Todd Dry Docks-5trH II. p. Alexander.
Emma Alexander. Moonilts Alameda
August.
Margaret Dollar. Remus. Eknaron.
Puget Sound Bridge & Dredging Co.
Str Patterson.
Drummond Llgbterage co,--str III Capt
tan.
Ames Terminal co--strs Nnnkoh Maru
Heffernan's Dry Doci,-strs Rainier,
starr y. y. =. DrllWOod.
Stream fBuoy s)--Barge Dacuia.
giream--Jeauns dare.
Alaska Steamship AiOorinrs-strs Jeffer.
non. Redondo. Kctchilfan.
Wirsl0w Marine Railway-atr Grlffdu.
u. $. l.. n. +. Relief, Bchrs Betsy Ross
Gamma, Ella A.. Bophis Christensen.
Meteor and Aiumna. bktns anne
Comyn ana Churiss p. Crocker. bareea
coqultlam City. Griffson. Henry Willard.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12
MAKE PROGRESS
IN ELECTRICITY
NJ any Big Undertakings
Mark Past Year

EAST PITTsBuRG. Pa. Jan. A.
All records for electrical engineer.
Ing achievements were broken dur.
Ing tho year Just closed. according
TO a review ISSUED by tho westlng
house Electric q Manufacturing Co
These achievements apply 10 every
phase OF tho electrical Industry. In
transportation. electrification OF in.
duntrios. switching and control dc.
vices. power generation and trans.
mission and radio apparatus, new
standards have been set In size.
capacity and engineering improve.
ments.
During 1898 the start OF The
worlds greatest Identification prof.
Get was made. This was SIS. 600.
600 contract 20 electrlfy the Virgin.
Inn railroad from Muiiens. W. Va.
TO Roanoke. Va. !, IS tho most i'm.
portant Of many Identification prof.
ects undertaken by tho company tho
past year.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12
GENERATING Plant
RECORDS BROKEN

The number 81 large generating
units that win tc Installed In 1895
and 1894 viii exceed all previous
records Of tho company. Among
other electrical achievements Of the
past year. the following arc note.
worthy;
A new type Of damper winding
for hlgh,specd bynchronona motors.
oondsnHcFa and generators has been
developed. which. Ia addition 10
simplifying the construction. makes
tho machine capable Of Withstand
ing successfully much higher over.
Hporda than formerly.
Tho Use OF motordrivon gas com,
! pFeSsorH haa been extended thru the
development Of an enclosed typo Of
collector 10 prevent tho possibility
Of Eaa lEni,ing from sparkling NJ tho
brushes.
There Il now under construction
the largest single automatically con
troiled converting unit In the world.
Complete automatic and supervisory
control equipment for two 1000
ky-n. water wheel driven generators
ia now under construction. This
viii 10 the largest automatically
controlled generating station In cx
I fefFnrn
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12
Foreign Trade

The foreign trade bureau OF tho
Seattle Chamber OF Commerce has
received the following inquiries In
The foreign trade field. information
concerning which may be obtained
ut the bureau:
nef0 Manufacturer in Europe OF
knitted fancy and sport articles. cot
ton. wool and artificial silk goods,
wants agents.
n940 German factory OF cutlery.
pocket knives. razors and scissors
desires names OF Seattle importers
1919 European manufacturer OF
aluminium. enamel and tin household.
dairy and butcher utensils wants
agent.
$3.50 Middle West chamber OF
commerce asks for list Of firms i'm
porting novelties.
ns51l Names Of buyers Of dog fish
oil wanted by Canadian firm.
1859 New York importers Of engi.
neering goods seek Seattle connec.
ion.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12
FLOUR AND sUuAH
Hay. GltAIN AND FlfIeu

Alfalfa iIay First Grade .........7t0O
Corn-Wholo, yellow, 12e'B.,.....4O.OO
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12
RAPS MERGER
OF RAILROADS
Counsel Advocates Joining
N. p. With Burlington

WASHINGTON. Jan. ia,--pennis
+. Lyons. counsel for tho Northern
Pacific railway, appearing before the
Interstate commerce commission yes.
ter,iay at final hearings OF the pro.
posed consolidation Of railroads into
limited number OF systems, declared
the salvation OF the Northern Pacific,
depended upon It's merger with tho
gurlington.
Lyons reviewed the lonsSs,andins
close relations between the two roads
and said that both had expended
sssat sums for improvements and
hctterments "in reliance upon the
permaneney Of their relation"
He opposed the suggested merger
OF the Northern Pacific aud tho Chit.
cago. Milwaukee i St. Paul. because
they would not add 20 each other, as
neither has any considerable traffic
10 give 10 the other and 10 put them
together would not tend TO originate
new business or promote any new
industry"
No one In his senses" Lyons said.
sever could have planned as one sys.
sem the Northern Pacific and the So.
Paul between the Twin Cities and the
Pacific coast. To have done SO would
have been conclusive proof OF lun.
scy."
Lyons took sharp Issue with testi.
mony Of representatives OF the Great
Northern. who charged that service
20 the agricultural industry would be
greatly impaired IL il was merged
with the ST. Paul
THE Great Northern and the 81.
Paul today are furnishing adequate
service 10 the agricultural industry
in their respective territories. Why
should their ability 20 continue TO
serve that industry DO greatly i'm.
paired by combining the two roadsf
asked Lyons.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12
THE STARS PAGE OF NEWS FOR BUSINESS MEN
ADAMS HEADS
REALTY BOARD

Tho first meeting OF tho new dl.
rce,ors OF tho Seattle Real Estate
beard was held Friday afternoon
IN tho office OF Samuel collyer. sec.
rotary, Officers for tho ensuing
wear were elected ~ followa' John
#, Adams. president; Archibald ].
Flskcn. first vice president: John u
Hall. second vice president; Samuel
CollyeE executive secretary. and
Henry A. Schroeder treasurer
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12
Business Changes

Tho Phoenix Mutual Life Insur
ance Co. Of Hartford. Conn, have
established their Seattle office at
ifbe 20 1856 white Henry Stuart
building. jay T.. Williams Is man.
nEer OF the Seattle office. and +. w.
Flo ~ assistant ger.
Marion Prince IS taking two add.
tlonal shops opposite the Dixie Tea
room on Tho second floor OF the
White building
The New York Central Railway
CO. has taken 5ii.il white.Iienry'
Stuart building.
James X Mcdowell has moved
from bi1.1i white-IIenry Stuart build.
ing TO 5ef.2e in the same building.
The Pacific Coast shippers asso-
citation have rented si4.4b.46-60
whltcIIenry. stuart building. j l..
Cutler will be the manager OF the as
ISOLATION.
C. II. Il. Williams Co. VIII vacato
537 whitc.Ionrt, Stuart buildin &
some time this month. Mr.. Williams
expects to be located in British Co,
lumbln another year and half and
his interests here are being taken
over by the Industrial Electric Co
J. ]. Aeutter CO. will take tho
store at 1909 Fourth ave. formerly
occupied 10y tho Alaska Engineering
Commission The store will be re.
modelled TO run thru from Fourth
ave. TO the alley.
q. c. Fuller OF the North American
Accident Insurance Co. has reopened
offlceA in Seattle at 45l Stuart
building.
The Green Bay Railroad Co. and
e. ID. Becker will take room 4O9
Whitc.Henry.S Stuart building Ter their
permanent offices
The ]. +. Rothchild Co. will move
to 4423.25 whito.Henry Stuart build.
Ing February / from their present of
fees In the l.. c. Smith building
Arthur Il. Campbell. purchasing
agent. OF tho Chicago, Burlington 6
Quincy railroad. has rented iii
White Henry.stuart building, and will
move in February /.
Aubrey Wilton. insurance broker
has enlarged his office and moved
from 4l23 to Ii2S whlteHenry.stunrt
building.
Chicago. St Paul, Minneapolis &
Omaha Railroad Co, has occupied
It's now office az 76O Whlte1Ienry.
Stuart building.
Tho Seattle Press club will move
into their new space In the Stuart
building January &c.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12
NelU York Stock Market
WALL sTmnEr journal. FINANCIAL nnvIEw

NEW York Jan laSronEh the ntec stocks and numerous IN
OF markets buoyancy
old likely
Gulf
Issue
Opening ineluded
q t9A Stndcbaker,
aNi 81 Paul lt
General Moora United
steel 1905, = American
The market eiosed irregular
VIZ ~ baldwin, 2eA off American Can 1885, or ~ studbaks
Tobacco Products IN Chemical.
Corn Products 1915 of ~ Mariana SIN. Y
OFF 81 Union Pacific 1904 Y: hallway up A.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12
Financial Flashes
From James MacfarIane & Co.
81 Second Ave.

Average price Of 40 leading bonds
s7.39. an increase OF OF: 20 Industrial
atocks average 1923, an increase Of
10; 20 active rails average $3.50, n
decrease Of &c.
Buying Of automobiles in the
last year came principally from
cities, but II is felt the farm com
munities will absorb the greater
percentage Of motor cars this
year, according to automotive In.
anst.ies.
Car ioadings for last week Of 1923
were e15,45f, a decrease OF 2G1. 1926
from the preceding week and s7.7os
below the corresponding week q
1922; decline due to holiday condi.
nsns
Ratio federal reserve system
1874, VS.. 1873 a week ago and 1876
year ago. Ratio New York
Federal Reserve bank, $50, vs..
III week ago. and 76.5 a year
ago.
Car loadlngs Of Pennsylvania re.
Ilonal system IN the week ended Jan.
were i1o,259 vs.. 1881 In the cor.
responding week last year.
The Bank Of France raised It's
discount rates yesterday from )
10 81 per cent. The increase Is
reported to have been due TO
heavy discountiDg Of paper in
the last 10 days Of 1928 by pri.
vate banks DESTROYS Of presenting
erediiabIe year.end statements.
Directors Of Standard oil Of New
Jersey have fixed the price at which
employees participating In stock sub
scription plan viii buy shares this
year At 500. or 50 under tho market
tDfaa average.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12
SET DATE FOR
HAWAIIAN TRIP

The first OF the series OF excur.
sions OF Seattle business men to
the Hawaiian Islands. viii sail from
Seattle on the steamship Lurline.
February 10. according 20 present
plans OF the wholesalers manufac.
tuners and bankcrs' committee Of
the Chamber OF Commerce.. which
has the enterprise in hand. The
intention is To send series OF
parties rather than one very large
excursion. and tentative reservations
have been made for IS persons for
the first one.
Those who contemplate Joining
The party are requested to commun.
icate with the chamber.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12
Building Permits

Henry Mossbsch. 1904 Alder st.. frame
residence. z555x40a. t2,70O.
Jobn Bather, frame residence, 1910,
1900
Iillauiat n IIendricks0n. a02 ". Goth,
franc residence. 2fx46. $500
Lltuuist 4 Ifsndrickron, 900 w Doth
framo residence, 2sxf7, $500.
l.. y. Larson, J7ff 9Th n. H., franc
residence. 1910 $4,000.
Park Land Com. club 1926 stth b.. frame
clubhouse. $3.50. 10000
Wells GHinu, Lumber Exchange bldg,
frame regidenee. 27xifis. 1890
W. r. Butler, 5z7 Central bldg. frame
residence, a0x2g. $4,000.
w. r. Butler 527 Central bldg, frame
residence. 31r2G. $500
W. r. Butler ga Central bldg. frame
residence, s2E25 5000.
r. j. Brandt 59B2 fznd -. ", frame
residence, 22E3i $500.
T. J. Brandt 5532 And $. w., frame
IssIdencc. zzzgi 1850.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12
Plan for Big Year
of Home Building

According to present plans. over
zoo new homes VIII be built during
tho coming year by the Gardner j.
Gwinn Co. in addition 10 number
Of larger buildings that arc already
in contemplation. This IS approx.
maiely three times the number OF
residences built by tho company in
1898.
'Sfhe housing situation n Htlli
acute in Seattle" Jesse NJ. Warren.
sales manager OF tho company. said
today Few new homes that nre
ready for occupancy are unsold. and
apartment houses have few vacan.
cies. We expect 1924 TO be the
most active year in Seattle real IS.
tate that We have ever seen.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12
ARCHITECTS
GATHER HERE,

The annual convention Of the
Washington state chapter OF the
American Institute OF Architects con.
vened Saturday morning in the New
Washington hotel. Architects from
Washington. Oregon, Idaho and Brit
ish Columbia are attending the meet.
inE.
The program for tho morning and
afternoon sessions is largely devoted
TO discussion OF practical problems
OF architecture. Tho convention Will
conclude with a dinner at I o'clock,
followed by speeches and program
OF music and dancing by the Cornish
school.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12
SPRING GRAIN
SHOWING LOSS
lrregularity Prevails On
Board OF Trade

CHICAGO. Jan. ii.-Grains closed
Irregular on tho board OF trade to-
day. May and September showed
losaes. while July showed fractional
advances.
July wheat scored slightly. with
good buying induced by Modern
Miller's report that the winter crop
suffered froat damage, The wheat
now In tho ground goes on tho July
market
Corn ruled irregular with septrm-
her and July showing advances. The
May delivery weakened wiki cash
prices. while distant months showed
advances. Oats was dull and fea-
turcieas. July advanced at tho close
with that delivery ia ether grains.
Provisions showed soma firmn~sn
late. but nevertheless closed lower.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12
Canadian Line to
Get Two New Ships

John Brown & Co. famous ship
builders, OF clydehank. Scotland.
have been awarded the contraet for
two new steamships to be added TO
the Pacific coast fleet OF the Can.
adam Pacific plying between Al
aska points. Vancouver. Victoria
and Seattle. The John Brown ship
yards are said to be the largest In
the world. the Aquitania and the
Lusitaniz having been built there.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12

managing TO buy volume OF
American securities thru England.
II is estimated that several thousand
European capitalists are sending
funds TO this country 20 be invest
ed in American securities for them.
Every two or three years they
come over. clip their coupons. re.
invest the income. lock the box and
quietly go back home. II Is prob
able thar They declare neither prin-
cipai nor income for tax purposes
al home.
GOLD IMPORTS
ARE INCREASING
"Ail OF this increases our gold inn
ports. which reached total of
100000. 600 last year. 1t looks as
tho this stream OF precious metal
VIII increase during 1924. AS gold
reserves grow here our banks mus
either loan more money for con-
mercial purposes or buy more
bonds.
Some people believe that this In.
lux ana the resulting lowering or
money rates would lead to another
period Of initiation. Personally, /
do not fear any such development.
American business. today, as record.
ed by the Babsonchart, is running
at per cent below normal. Any
tendency TO increase commodity
prices VIII encourage n flood of for
eign.made goods that can be sold
here. tariff and all. at low figures.
III II were not for our imnigra-
ton law we would be flooded with
a wave OF workers from Europe.
They cannot come personally. but
we must expect their labor in the
form OF foreign made merchandise.
Under these circumstances It is
probable that the banks will turn
TO bonds as an outlet for large
part OF their surplus. Heavy in
vestment in bonds by our banks
always tends to strengthen prices"
concluded Mr.. Babson. Adding 20
this an abnormal investment by
European capitalists and the pros
pect of lower money rates. and we
have the promise of strong bond
market in 1924"
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12
FIGHT ENGLISH srARRows

YAKIMA. Wash.-Four communI.
ties OF Yakima county have advised
the county agent that they are going
10 start n warfare on the English
sparrow. Arrangements arc being
made to obtain the assistance OF n
government man In giving demon.
STATIONS in poisoning this pest. Def.
nito plans for the campaign with
schedule Of demonstrations will be
prepared this month.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12
Foreign Exchange

NEW YORK. Jan. ii-rorsisa sr.
change opened lawsrs EtsriiHE. ittTs;
francs fe,ofsii lire, i5etfs = belgian.
lar
FersiEn ssehsana market closed down.
french ffanrs registered siiii smother rec.
ord low 81 0ssTT. or 70 ea8Ti sfsFiipE
demand. i1TH. orr 4; lire. ,oafata
ap is e6'sk nslEisn francs. t5.eiss, on
10000; marks five ttliiisn or 90 70 the
asffar
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-01-12


Mr. Bahson. "ls partly accounted
FOR by the anxiety OF tho European
capitalist TO protect his wealth.
Russia and Germany have al.
ready collapsed and several OF their
neighbors are in prccarious shape
financially 4 capital levy IS
seriously proposed by one OF the
great political parties OF England
The French franc has been selling
below 8 cents in the New York
market.
THE heavy Indebtedness and eco.
nomic distress Of these countries Is
not az all reassuring TO the capital.
ist He faces excessive tnves at
best, and confiscation OF his prop
erty and wealth as possibility.
AMERICAN DOLLAR
Is SAFEST INVESTMENT
Looking about for some place Of
refuge the European capitalist has
chosen the American dollar as the
safest currency in the world He
is now busily engaged in transfer.
ring his holdings to America In one
form or another.
German capitalists have dumped
merchandise into our markets at
extremely low prices. often selling
az loss--eveu on low German
costs-ln order 10 build mp large
cash balances In New York hanks.
Much money Is coming over as
merchandise.
Trench interests, which face n
heavy tax on capital exported. arc