The midland journal. (Rising Sun, Md.) 1885-1947, 1927-04-29


and business men, and there is a good
chance that what he recommends will
amount to active Intervention for the
restoration and preservation Of order.
FEDERAL DISTRICT JUDGE G. N.
BOURQUIN at San Francisco has
ruled that the seizure Of the steamer
Federalship on the high seas, the ar
rest Of its captain and crew and the
confiscation of its million dollar cargo
of liquor by coast guard vessels was
illegal and a 'sheer aggression and
trespass" by the United States au-
thorities, contrary to treaty. He also
declared that, "a, decent respect for
the opinions Of mankind, national
honor, harmonious relations between
nations and avoidance Of war requires
that the contracts represented by
treaties shall be scrupulously OBJ
served, held inviolate and in good
faith, precisely performed-requires
that treaties shall not be reduced to
mere scraps of paper"
MAYHEM the white House spokes-
w man." in reply to rumors that
Secretary of State Kellogg was to re-
sign and was to be succeeded by Sec
rotary Of Commerce Hoover, declared
that Mr.. Kellogg had no intention Of
quitting his post and that If he did,
Mr.. Hoover would not be given it,
lot of people assumed that this was
meant as slap at Mr.. Hoover. To
counteract this impression a warm
tribute to the secretary of commerce
was made public at the White House.
1t explained that President Coolidge
rather assumed in denying published
reports that Mr.. Hoover was slated to
succeed Mr.. Kellogg that it was I'M
necessary to make mention of his high
regard for Mr.. Hoover's abilities. The
President recognizes that Mr.. Hoover's
reputation is so well established both
in this country and abroad that he
doubts very much If he would be able
to shake it even If he wished to do so.
Mr.. Hoover has achieved big things,
the President realizes, and the public
everywhere has confidence in him.
The President regards Mr.. Hoover as
possessing the ability to fill any posi-
ton in the cabinet which he might be
willing to accept.
G TOCKHOLDERS of the United
~ States Steel corporation at the
annual meeting ratified the proposal
of the directors by which the outstand-
ing share capital will be increased
from $685., $685. 800 par value to $1,O71,-
100000. Of this $2O3, 321 900 in COM
mon stock will be passed along to
stockholders in the form of 40 per
cent stock dividend.
Actually the stock dividends, the
first distribution Of the kind in the
corporations history, is worth to the
stockholders 1924, 815 ,45O, which is the
market value of the additional shares
on when issued" basis. The entire
outstanding share capital of the cor
pOration will have a market value
when issued Of approximately $1,671,-
100000. The new stock will be placed
on the same z per cent annual div
idend basis as the original common
shares.
GOV. AL SMITHS eagerly awaited
~ reply to Charles c. Marshall's
article in the Atlantic Monthly 10
printed In that magazine and is about
what his admirers hoped for. He
stands, as IAN American Catholic" for
complete separation Of church and
state. His answer embodies a creed
that recognizes no power in his church
superior to the Constitution Of the
United States and holds all churches
equal before the law and the public
school "as one Of the cornerstones Of
American liberty"
Upon motion of defense counsel,
~ Judge Raymond at Detroit grant.
ed an order of mistrial in the million
dollar libel suit of Aaron Sapiro
against Henry Ford. The lsason for
this action was that Mrs. Cora Hoff-
man, one of the jurors, had granted
an interview the substance of which
appeared in the Detroit Times. Judge
Raymond expressly cleared Mrs. Hoff-
man of allegations made in a series
of affidavits by Ford detectives and
other employees that she had dis
cussed $4,000 bride with one kid
Miller, and that she had wrongly
stated she was qualified juror. and
asserted disbelief that Sapiro had in
dulged in any misconduct. as asserted
in fho aff3dovftS