davidaulloa/AmericanStories huggingface dataset:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-01-23

ter, he asserted the ratio of assets to
liabilities being pearly to /. 1t is
planned to increase daily production
from $4,000 100000 barrels.
split-up of the common stock of
the Z. 5, Radiator Company five for
one has been voted by the directors,
through conversion Of 10000 shares,
500 par, into 10000 no par shares.
The preferred will not be changed.
Increased operating expenses due to
floods will be reflected in net income
of the Chicago Great Western Railroad
for 1925, preliminary figures indicating
surplus of slightly less than the $601,-
sos. or $1.26 share on the preferred in
1924. Freight revenues were larger,
but passenger revenues reflected great
err use of buses and automobiles. N
l.. Howard, president of the road, sees
a bigger freight movement this year.
Holders of capital stock of the Phil
adelphia Rapid Transit Company of
record January 20 will be given rights
to subscribe for new preferred at $50
share in the ratio of one share for
each two shares held, either of the
present preferred or common. The
that transactions on January 20, I'M
less for cash. shall be ex-rights. Rights
expire February Is.
An additional shipment Of So, 600, 900
in gold by the Japanese government is
scheduled for San Francisco. This
shipment will bring the total to $13,-
100000 in the last two months.
Earnings of Consolidation Coal
Corporation for 1925 are expected to
show marked improvement, prelim-
mary estimates placing surplus at
about $225,000 after all charges, in
Guiding depletion and depreciation,
in contrast to deficit of almost $5,-
100000 in 1924.
Continental Baking Company has
bought a plot of land in Newark, N
j., on which three story bakery
costing 100000 will be built.
India and China recently have been
large buyers of refined sugar in Eu-
ropean and American markets. The
scarcity of the product in China is
indicated by purchase of 10000
tons of Cuban raw sugar. India has
taken about $4,000 tons from British
and Continental refiners, in addition
| to several thousand tons of American
| refined.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-01-23

belt in 1925 has been the smallest
since 1920. The Department there
fore forecasts diminishing supply
of marketable hogs until the pig
crop of the Spring of 1926 has been
grown for market, and of course
this means a relatively small de-
mand for corn in the meantime.
This is the situation which con-
fronts the Spectator, who is de-
nounced for not affording the de-
sired relief. A meeting of the Ma
tional Corn Growers Association
held at Des Moines last month
adopted a motion to the effect that
a fair price for corn would be S1.l5
per bushel in Chicago. But corn is not
wanted in Chicago, except for distribu-
ton back to the farmers who need it
for feeding purposes, and it cannot be
supposed that anybody in Chicago
will buy it at higher price than
the farmers may be reasonably ex-
pected to pay some time later,
which will depend upon the supply
of live stock that the farmers will
grow, and finally upon the prices
which consumers will be willing to
pay for meats in comparison with
the prices of other food products.
The price of corn is not determined
by mass meeting resolutions, nor
can it be determined by any COM
bination of producers, unless the
producers are able to regulate pro-
duction. in which case they will
have to decide what other and
more profitable use can be made of
their lands. The complications of
the subject show the impractical
bility of governmental regulation.
Other Factors in the Situation
Another factor in the present
situation is that the farmers do not
seem to be buying as many steers
from the ranges for fattening this
winter as usual. Nebraska has
100000 head of cattle on feed as
compared with 100000 year ago,
according to December estimates
of the Federal and State Bureau of
Statistics, based on railroad reports
of cattle delivered at unloading sta
tons. Iowa is feeding less than
last year, and in the aggregate the
corn belt States have three per
cent less on feed than last year.
The Department of Agriculture
also reports that fewer sheep and
lambs are on feed.
Still another unfavorable factor
has existed. Owing to rainy wea-
ther in the Fall, corn has been slow
in drying into merchantable condi-
ton, and much of it has not been
suitable for storing or for sale on
the grain exchanges AS result
much of the corn sold on local mar
kets has realized less than prices
normally related to the prices in
the central markets.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-01-23

far the nations capacity to produce
food has more than kept pace with
demand. The marvellous multiple
cation of industries and diversified
ton of occupations in the last one
hundred years are due to the fact
that constantly diminishing pro-
portion of the population is able
to supply the required food for all.
1t we are dissatisfied with this de-
velopment, and do not regard it as
progressive, we should stop spend
ing money to promote it.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-01-23
The Play of Supply and Demand
in the Markets

A study of any of the commodity
markets will show a constant re-
Spouse of prices to the play of
supply and demand. Every in
dustrial review tells-of the fuctua-
tons. The article which follows.
upon the livestock situation bv the
Department of Agriculture, will be
read with redoubled interest if at
tention is given to this feature.
There is reason for every fuc-
tuation. The potato market of
recent years has furnished striking
Illustrations. The price movement
OF every commodity in the list of
farm products during the past year
is readily accounted for. The his
tories of rubber, coffee, oil, sugar
and other products often named as
examples of price-controlled com
modities, tell the same story.
One OF our correspondents sends
US a newspaper article which begins
with the following paragraph:
Every industry is fully organized ex.
cept our greatest industry, corn Cot.
ton. sugar. fruit. tobacco, wool and
many other agricultural groups are fully
organized while corn alone. the one great
industry upon which the middle west
depends. is left to its ow- fate and
to the merciless dealings of a group
Of gamblers.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-01-23

teams. The score was in the air all
the time and the final period decided
for the Spindle City crew.
The summary:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-01-23
The Function of Prices


The entire industrial organiza-
ton is kept in balance by the free
play OF prices. Prices reflect the
relations of the industries to each
other, and show where more pro-
duction is needed in some and less
in others. They tend to distribute
the workers in the industries as
needed.
Prices are not to be quarrelled
with or denounced, but respected
and obeyed. Always they are tell
ing something that we need to
know. The pressure of low prices
is a friendly influence, if we take
it as such, warning of an unbal-
anced or uneconomic situation
which we need to study. They let
us know when competitors are
adopting more economical meth
DDS; they get us out of ruts, stimu-
late new ideas and move US around
to our ultimate advantage. Hard
times do more for the progress of
industry than prosperity.
How many producers in any
line would bother to adopt new me-
thods if they were doing we'll with
the old' What reason is there TO
believe that there would have been
any such migration from Europe
to America, or movement of set
tiers into the new wheat region of
Kansas IF theSe 0aooIa +, 4 III -
satisfied where they were?
Modern industry is no routine
performance; it. is always changing,
and prices give notice of what is
going on.
The world will pay literally for
real service, but a person is not
entitled to a living wage simply
because he works hard. He must
work at something worth foing
and do it in the right way. l ay is
in proportion to values crea.ed.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-01-23

Continental Baking Company has
bought a plot of land in Newark, N
j., on which a three story bakery
costing 100000 will be built.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-01-23
DAILY KENNEBEC JOURNAL, SATURDAY, JANUARY 2s 1926

The company's position was never bet
ter, he asserted, the ratio of assets to
liabilities being pearly to /. 1t is
planned to increase daily production
from $4,000 100000 barrels.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-01-23
ltlS .......
BRUNSWICK HIGH

Referee, Barakat; time ass.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-01-23

split-up of the common stock of
the Z. $, Radiator Company five for
one has been voted by the directors.
through conversion Of 10000 shares,
500 par, into 100000 no par shares
The preferred will not be changed.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-01-23
The Corn Situation

The Department of Agriculture
in its December comments upon
prices of farm products says:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-01-23

Totals
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-01-23

An additional shipment Of $2.000,000
in gold by the Japanese government is
scheduled for San Francisco. This
shipment will bring the total to $13,-
600, 900 in the last two months.
Evening star., 1926-11-04
JOSEPH B. MUCH DIES;
FUNERAL IS TOMORROW
Former Detective, Veteran Of Two
Wars, Will Be Buried Under
Auspices of Buddies.

John B. Much. At years old, former
detective and World War veteran.
died yesterday at Homeopathic Hos
pital. He was a lifelong resident Of
Washington, and served first during
the Spanish War as a seaman gunner
in the Navy. He was transferred
from the battleship Maine the day
previous to her sinking in Havana
Harbor.
Much Joined the Metropolitan po.
lice force in 1901 and was later pro-
NOTED to precinct detective of pre-
cinct No. 3. He served in that ca
pacity until the outbreak Of the
World War, then was appointed a
captain Of infantry and served as an
assistant provost marshal of the Dis
trict of Columbia.
AS a result of his service during the
World War Capt. Much was dis
charged for permanent disability.
with a heart condition. He was
member of the Veterans of Foreign
Wars, the United Spanish War Vet.
eran and the Junior Order of Ameri-
can Mechanics. E.
He is survived by his widow, two
sons and a daughter, all Of this city.
Funeral services will be conducted
tomorrow afternoon at 1 o'clock at his
late home, 1876 G. street norteast, fol-
lowed by iterment in Arlington Gene.
terry, under the auspices Of the Vet
Grams of Foreign Wars
Evening star., 1926-11-04
Proclamation Urges CeIebra-
ton With Thanksgiving
and Prayer.
Observance Called Means ot
Perpetuating World Peace
and Good Will.
President Coolidge issued a procla

President Coolidge issued a procla.
nation yesterday calling for display
of the flag on all Government build.
ings on Armistice day, November IL.
and urging the people to observe the
day with thanksgiving and prayer,
and exercises designed to perpetuate
peace through good will and mutual
understanding between nations"
The proclamation read:
Whereas the 11th of November,
1918, marked the cessation Of the most
destructive, sanguinary and far.reach-
ing war in human annals; and
Whereas it is fitting that the re.
curing anniversary of this date
should be commemorated with
thanksgiving and prayer and exercises
designed to perpetuate peace through
good will and mutual understanding
between nations; and
Whereas by a concurrent resolu.
ton, passed by the Senate on June 4.
1926, the President was requested to
issue a proclamation calling upon the
officials to display the flag of the
United States on all Government
buildings on November II, and invit-
ing the people of the United States
to observe the day in schools and
churches or other places, with appro.
pirate ceremonies expressive of our
gratitude for peace and our desire for
the continuance of friendly relations
with all other peoples
Nov, therefore, l, Calvin Coolidge,
President of the United States OF
America, in pursuance Of the said
concurrent resolution, do hereby or.
der that the flag Of the United States
be displayed on all Government build.
ings on November II. 1926, and do in
vite the people Of the United States
to observe the day in schools and
churches or other suitable places with
appropriate ceremonies, expressive Of
our gratitude for peace and our de-
sire for the continuance Of friendly
relations with all other peoples.
"In witness whereof / have here
unto set my hand and caused to be
Evening star., 1926-11-04

and feel clean, sweet and refreshed.
Your head will be clear, stomach
sweet, tongue pink and your skin
rosy.
Because "Cascarets" never gripe or
sicken, it has become the largest SELL
ing laxative in the world.
Directions for men, women, chill
dren on each box-any drug store.
Evening star., 1926-11-04

Among those present at the recent
homecoming reunion Of the Missouri
School of Mines was Stanislaw Les
MAX, who in order to attend the
gathering at his alma mater had 10
travel more than 5000 miles by horse
back, canoe and railroad from the
jungles Of Tehauntepec. Mexico.
where he has been engaged In OIL
geology work
Evening star., 1926-11-04
CHRISTIAN COLLEGE
CHINESE ON STRIKE
Arrest Of Laborer for Stealing
Blamed for Walkout
of Employees.

By Cable to The Star and Chicago Daily News.
PEKING. November ALI Chinese
employees and servents Of Canton
Christian College, an American
mission school. are on strike because
a Chinese laborer caught stealing was
arrested. Food and water supplies
were cut off, but later restored.
although the campus is still picketed.
Evening star., 1926-11-04
PRESIDENT CALLS FOR DISPLAY
OF FLAG ON ARMISTICE DAY

affixed the great seal of the United
States.
Done at the city OF Washington,
this Sd day Of November, in the year
Of our Lord one thousand nine hun
dred and twenty-sX, and Of the in
dependence Of the United States the
one hundred and fifty.first."
Evening star., 1926-11-04

University of the State OF New York
and supported by several British ano
American missions. The College mas
sought to emphasize student initiative;
(Copyright 1926 by Chicago Daily News Co)
Evening star., 1926-11-04

Canton Christian College was
founded in 1884 in the south China
metropolis by Rev. A. P. Harper. Of
the American Presbyterian Mission.
1t has had most successful growth
and now has campus of some $50
acres, about so permanent buildings
and an enrolment of more than a
1000 students. The institution Is in.
corporated under the regents Of the
Evening star., 1926-11-04
Feel Splendid!
Nicest Laxative.
"Cascarets" l0c

Don't stay head
achy. dizzy, bilious,
constipated, sick!
One or tw o
pleasant candv-like
"CaScaretS" taken
any time will
mildly stimulate
your liver and start
your bowels. Then
YOU will both look
Evening star., 1926-11-04

This college last year took q strong
pro-Chinese stand, condemning foreign
action In connection with the shooting
affray consequent upon riotouS incl
dent in Shanghai.
The Washington times., 1926-12-22

Every "Littls Mother" will be glad to
find one OF these sets on Christmas morn
ing. The natural finish and square lines
make it look almost like the mission furni-
ture in Daddy's study.
The Washington times., 1926-12-22

Carmel when we get around % Il.
Wen have to give more attention
to that than to any other division
Of the interview. since the district
attorney insists on giving my Visit
there such emphasis. So, for the
moment. let me skip over those
days. I left there. with Miss *
May 80 and returned her TO her
home. Remember. thar was almost
a month before Mrs. Mcpherson
got away from her kidnapers and
appeared at Aqua Prieta.
Why He Bent Il
II know that am suspected OF
writing that ransom letter. THE
letter, demanding 100000 for the
return of Mrs. Mcpherson and re.
ceived at Angelus Temple June 49,
Actually I was far away from these
parts when that letter was dis
patched.
There ought to be no difficulty
in understanding why left Cali
fornia. The newspapers began
shouting my name In connection
with the Mcpherson. disappearance.
had already become involved In
such q way as to erldanger the
reputation OF Miss X / had per-
manently separated from my fam.
iIy.
The Washington times., 1926-12-22

them to help me blow the case OF
District Attorney Asa Keyea out Of
the water.
Going back to the beginning OF
the year: I quit my job as radio
director for Angelus Temple. quit
because"
Obviously, ormiston was surprised
to find himself hesitating for the
answer.
II quit because-well. I'd better
think that over and withhold the
explanation until am sure Il win
be satisfactory. I've got 10 be
careful, you know, and not talk
too generally until I consult my
Left His Family
several weeks after left the
temple Job. ! also left my Los An.
geles home. Already I have told
you why Il became necessary 70
separate from my wife ana son.
NOW, let's see. Oh. yes. Mrs.
Mcpherson disappeared May Is. II
was about o'clock In the after
noon. wasn't 1t. when she vanished
from the beach at Ocean Park?
"Well. Il adnnit-have never de.
nied-that the following morning
about 4:30 q. M. ] arrived at the
Carmel-by.the-Se bungalow with
Miss X. But 10 there anything
damning In THAR Five DAYS
earlier had arranged for the
cottage and had made my plans
with Miss x" Tor q three months
vacation together down there. :
Just before appearing lat the Car.
mel cottage Orsniston had been q
resident ct the Hotel Clark. Los
Angeles. At the preliminary hear
Ing of Mrs. Mcpherson the door
man OF the hotel. Thomas g. Mel.
vile, had testified that Mrs. Nc.
Pherson. whom he knew well. had
called at the hotel upon the n1orn-
INK Of the day Of her disappear.
ance. She had remained there for
about 80 minutes. Melville swore.
He Picked Up Miss ~"
ormistcn would not admit hav.
Ing been visited by Mrs. McPher-
son that day. He said he must
consult his attorney before ven.
turing on discussion.
"But to get on with the story
OF my movements, he said.
got my car out OF. the garage
checked out Of the hotel. picked
up Miss X and drove down TO
Carmel
"I'll tell you about my time at
The Washington times., 1926-12-22
COOLIDGE GIT IS
MOSTLY FOOD

Plain. wholesome food from every
section Of the United States. and
seasonal decorations for the White
House are heavy favorites this year
among the Christmas gifts being
sent to President and Mrs. Coolidge
Bizarre presents Of former years
have virtually been elinanted the
only unusual gift received up until
today being q snake.skin vest sent
by a Southwestern Congressman.
But OF food there IL no apparent
end Ducks have come from Mary.
land tnrkeya from Ohio and Texas,
ham from West Virginia. goldfish
from Maine. pecans from Missis.
sippi. apples from Massachusetts,
olives from California, grapefruit
and oranges from Florida. and to
The Washington times., 1926-12-22

II little brother receives one Of these,
he will almost hope that it don't snow
right away, cause he will want ak the
fellows to see it's rubber-tired disc wheels,
it's nickel-plated bell and its speedy lines.
The Washington times., 1926-12-22

The table has : round porcelain top
with decoration In its center, while the
two chairs are finished in ivory to match.
And very sturdily built, too.
The Washington times., 1926-12-22
6 MEN FIGHTING
TROOPERS

soMERVILLE, ". j.. Dec. 81
Ona farmer IL believed to be dead
and three other persons were barri
eaded today in q house on Jugtown
Mountain, 20 miles from here. while
state troopers were planning to use
tear bombs to rout the besieged men.
The siege started when the troop
ers approached the house to press
u complaint against the men Of mis-
treating cattle. Trooper Alfred Lar
son was rushed by one Of the farmers
as he approached the house. He
responded by shooting the man In
The right leg. A can for help was
sent to trooper headquarters.
Thirty troopers who answered the
call were greeted by q volley Of
rifle fire when they approached the
house. The fire was answered by
the troopers, and is believed TO have
resulted in the death Of one Of the
men.
The farmhouse 10 owned by James
Meeney. The besieged men are be-
The Washington times., 1926-12-22
OrmiSt0n Certain of
Abb for Aimee
RY SAM BLAIR

tcODSrish1 s" O' Esami0sr ans Service s ~ anu
The charos Of conspiracy Justice
Sem and her Oetns radio engineer Kenneth
Orston to be tried voud possess apparent basis
Orston evangelist during the period alleges
TGnont-Mdy 18 to- June 2S.
LOS ANGELES Dec 22-"I shall be able to account for
of my during the time that Mrs MCPHERSON
away the radio declared Further along in talk
I'll tell you about the part that Miss will play in support
ing my statements
The Washington times., 1926-12-22

top of the Presidential Feast. cigars
from Manila
Holly wreaths and festoons with
which ia decor, te the Executive
Mansion havs been received from
Ne Hampshire.
President Coolidge Is undecided -
20 whether he will have duck turkey
or ham for dinner. and he may com.
promise by having III three. The
goldfish has already been set aside
for breakfast
The Washington times., 1926-12-22

Copyright. 1898. by the Los Angeles Examiner. y
Examiner and Universal Service
The Washington times., 1926-12-22

, Iieved 70 be relatives ,~oe MeeneY.
The troopers are armed with
sawed off shotguns. pistols and tear
bombs. After the first volley from
the farmhouse, In which Capt.
Matthew DAILY, OF the Somerville
station, was slightly wounded. the
troopers adopted q watchful waiting
policy, hoping the men in the house
would capitulate before further blood
was shed.
The Washington times., 1926-12-22

There will be witnesses who will
testify to seeing. me and talking
with me at Various places where
Mrs. Mcpherson c6uld not have been.
1t may take some time to get these
witnesses together and I'm not just
sure how many Of them / can find
or how far they can so In SUBJ
stantiating my testimony. But I am
confident there will be sufficient of
The Washington times., 1926-12-22

GIVE your family . home % their
own For ( Christmas GIT See Il To-
day 81 the Picture Page d The
Times ana Herald Classified Section.
The Washington times., 1926-12-22
Alsaka Herring Fishing
Prosperous During 1926

The herring fishing industry en-.
ioyed considerable prosperity in
Alaska during the past year. &C.
cordlng to the commerce depart
ment.
In 1926 the industry employed
1889 persons. q gain over the pre-.
ceding wear. the number Of pack
ing plants increased from 80 to 81.
while the products were valued at
$3.50, 600. an increase Of $1.S94. 900
over 1924.
Investments in the herring In.
dustry amounted to S6,108 600. a
gain OF So per cent. Scotch cured
herring amounted to S3.925,00O
pounds.
shop with ease and enjoyment. Use
The Washington times., 1926-12-22
No. 500 Electric
Trains, So

A glaring headlight, che flash % loco
motive, a short glimpse Of two pas
senger cars and, once again, the fast
little electric train dashes around It's g.
section, circular track. And the price -
30 very low for electric trains.
Transformers. s.
The Washington times., 1926-12-22

shop with ease and enjoyment. Use
the Shop.O-Scope Columns OF Times
and Herald Classified Section for best
results in Christmas shopping.
The Washington times., 1926-12-22
Sports Roadster
Autos, $19.75

Big brother may have his snart.IooAinR
sport roadster, but it couldn't possibly
beat this one Of little brothers with its
bumper, lights, motometer and other full
equipment that makes him the envy q
others"
The Washington times., 1926-12-22
3-Car Mechanical
rains, $3.50

"Zipp elackety-clackety" over It's 10
sections of tracks runs this speedy little
locomotive, pulling it's coal car and two
passenger cars, while your small boy looks
on in rapt admiration and dreams Of the
days when he will ride on big trains.