davidaulloa/AmericanStories huggingface dataset:
Evening star., 1928-12-30
Philippine Tariff
Set Automatically

For many years specified American
interests have been. complaining that
the Philippine tariff on imported sugar
and imported tobacco and tobacco
products is lower than that of the
United States, and alleging that posi-
bly, these products could be brought
into the islands and shipped thence to
the United States (entering free of
duty, as coming from the Philippines)
and cheat the American tariff. AS a
matter of record, no such thing has oc-
Cured AS another matter of record
the difference between the insular and
American tariff rates has been insig-
nif1cant.
Nevertheless, the Legislature has
passed, at Governor General StimSon'S
suggestion, an act whereby the insular
tariff automatically becomes the same
as that of the United States on sugar
and tobacco whenever Congress changes
the American schedules. Maj. Gen.
| Frank Mcintyre, chief of the insular
bureau, has wanted this done for a
long time. just to silence the complaints
made to him in Washington. It's done
now. and Gov. Stimson takes it as a
manifestation of cooperation on the
Legislatures part. OtherWissttt mas no
material significance,
Evening star., 1928-12-30
BY WALTER ROBB.

MANILA.-"A new era inaugurated,
says Gov. Gen. Henry L. Stimson of the
Philippines. respecting economic legis-
lation just passed by the Legislature.
When he says this, intelligent Ameri-
cans and Filipinos In the islands reach
for the salt. They realize that every
governor is hopeful of his particular ad-
ministration being the forerunner OF a
new era, and Filipinos realize that prog
resS and new era to any American
governor means material advancement
more work, higher wages. more con-
sumption, greater sale of American
products.
Gov. Stimson's phrase is not new.
Harrison said he inaugurated new
era 1t largely went to smash. and
then Gen. Wood came with the new
Harding era. Stimson's new era sue
ceeds Woods.
Difficulties in the Way.
There will be difficulty In bringing
the new era into being, because the
United States refuses to settle the sta
tus of the islands in relation to the
mother country, the United States her.
self. The present legislators expect
no great influx of capital until the
future of the islands politically is as
sured.
Upon what then is the Stimson
statement based?
Something has been done to the cor
poration law. Just what this is nobody
as yet knows; all await the draft which
will go from the Legislature to the gov
ernor's office. 1t Is supposed to be en-
couraging TO farm investments. some
thing to bring millions of dollars into
the financing of new plantations. 1t
is the foundation of the new era. Those
who passed it say it won't allow the
gobbling up of public lands by power
full corporations, yet certain corpora
tions are supposed to be ready to take
hold-some to grow rubber and others
to grow pineapples.
That which is more nationally bene-
fetal, though much may come of the
corporation law changes, is the sew
eral steps taken for the improvement
of communications throughout the
islands and across the Pacific. The
Mackay interests, identified with the
Commercial Pacific Gable Co.. the
American cable line across the Pacific,
have now a radio franchise to maintain
stations in the islands for the transmits
sion of messages abroad; they can,
therefore, compete with Gen. Har-
bord's company, the Radio Corporation
of the Philippine Islands. A similar
franchise is granted to the Robert DOL
Evening star., 1928-12-30

and thus obtain very pleasing results.
We may ignore or write down" our
contingent liabilities, We may make no
charges for depreciation, we may con-
slider all our accounts receivable, good
and collectible, and we may base our
estimate of next years profits upon the
assumption that we have satisfied and
pleased all those with whom we have
had dealings.
Prudent and experienced business
men, however, proceed upon different
basis. They realize that no matter how
carefully and conscientiously they have
conducted their operations, they have
undoubtedly displeased and antagonized
some customers. They have acquired
some bad accounts; they have Incurred
some liabilities.
Similarly, candor compels the admis-
sion that while the United States oc-
cupies most fortunate position among
Evening star., 1928-12-30

creased through the insurance afforded
by investment trusts and investment
counsel. Moreover, there has been an
increase in the intrinsic value OF stocks
since 1921 and in the prospect OF future
profits. together with a decrease in the
rate of interest by which future values
are discounted in the present. The
basic interest rate, as reflected in the
yield of 60 high-grade bonds. computed
by Standard Statistics, declined from
an average of 5.79 per cent for 1921 to
4.47 per cent for 1927 and 4.57 per cent
In October, 1928.
These pronounced changes nave come
since the war and after participation by
the general public in the baby war
bonds had accustomed the whole Nation
to the investment idea. Investment
counselors have Steered the general
public from investment in safe" bonds
to investment in common stocks Diver
Sification Of investments is recommend
ed for safety and for increasing the in
come of the investor.
How successfully the investment coun-
selors have preached may be inferred
from the estimate made by j. F. Fow-
.er in his recent book on American In
vestment Trusts that, whereas the
number of American investors number
total now has grown to between 15,-
100000 and 20,000,000 investors in
stocks, bonds and preferred securities.
That is an average of more than two
out of every three families in the
United States are today supported, in
part, from the income of investments.
Investment Trusts.
The business of organizing the pop
ulat tiOn into Investment Oroll0S has de-
veloped apace. A pamphlet entitled
New York and Boston Bank Stocks, -
printed by the Investment Trust An
alyst Publishers. states that the total
capital employed in American invest
ment trusts in 1924 was less than S.
100000; but, by 1928, the total had
grown to exceed $500 900 ,000-a real
factor in the mighty increase of invest
ments in Wall Street during the last
year.
The investment counsel have demon
Evening star., 1928-12-30

bought in the hope and expectation OF
selling at a large advance
In such warnings and denunciations
there is. Of course, much sound sense.
Today it is more than ever perilous for
the single individual to play the mar
ket," pitting his unaided judgment
against the collective intelligence of the
pools of professional traders. Cases will
recur frequently of the last bettor at
the game gambling ignorantly and in
dividually upon stock prices and being
badly stung.
But this is not the half Of the story
of the boom" market of 1928. Con-
servative investors realize that despite
downward reactions in the upward
sweep of common stocks since 1926, they
have attained an average level more
than IS per cent higher than the aver
age for 1926. During the most spec
tacular tradingS the market never has
approached the generalization of the
Northern Pacific corner" Of 1901, when
the shares traded represented Per cent
of the total of common and preferred
stocks listed on the exchange. Frederick
Hansen has pointed out that 1000 .0OO-
share day would amount to less than /
per cent of the 7280O0,000 shares now
listed and that computations of the
relative market value OF all STOCKS llSteo
on the exchange tell much the same
story. The aggregate value OF common
and preferred stock during 1901 was
only little more than $4,000 900, ,OOe,
whereas that of listed stocks on Novem-
ber /, 1928, had reached above $6l ,000,-
600 900. To attain the relative activity
of a single day during the Northern Pa
cific corner" it would be necessary now
to have a $4,000, ,000-share day.
Factors in Rise Basic.
No such wild speculation as that in
1901 has occurred during the upward
surge of the present stock market to
what have called permanent plateau.
The factors in this rise are basic and
contain within themselves the promise
of continuous improvement in the con-
duct of American business. The losses
hitherto suffered by individuals invest
ing in stocks have been greatly de-
Evening star., 1928-12-30
Priest Finds Ruins
Of Ten Sarcophagi

Carthaginian ruins excavated by
archeologists time on end make their
contribution to pure science as well as
religion. Father Delattre. octogenarian
churchman. who is serving his faith
through the field Of science, has added
to his list of discoveries in his lifelong
work in archaeology. Amid the crumb-
ling yestiges of this city's ancient hey
day he has located 10 beautiful Chris
tian sarcophagi. which have been de-
posted with the Carthage Museum.
Several of the sarcophagi are made of
marble and the rest are composed of
limestone. Six of the collins, one bear
ing the inscription ''Romanus in Pace"
still contained some human bones in
tact. n lead seal on one iarssl 2hagus
was fokm broken.
Evening star., 1928-12-30

all the nations of the world We are
confronted in the year to come, as
we'll as the years that follow. with diff
flculties that menace both peace ana
prosperity.
AS a matter of fact, the problems in
volved in our contacts with other ma
tions are much more numerous, much
more difficult, and much more fraughc
with the possibility of loss or harm to
us than ever before.
Our relationship to the remainder of
the world before the great war was
comparatively simple. 1t was the ordi-
nary relation of buyer and seller. NOW
we have added to- that relationship
from necessity-the more difffcult and
responsible one of banker. We are in
terested--vitally so-in the condition
of many nations because our own peace,
progress and prosperity are indissolubly
(Continued on Fourth Page.)
Evening star., 1928-12-30

OTTAWA.-Millions of dollars are
being spent by the Canadian govern
ment in the Identification of Ottawa,
which has been described as the
washington of the North"
While a federal district commission
carries out the federal program of i'm
provement, it has no official control
over the Canadian capital as does the
Federal District Commission over the
District of Columbia.
Thomas Ahearn, member of His
Majesty's privy council for Canada and
one of Canada's most noted electrical
experts and financiers, is chairman of
the federal district commission. Under
his guidance, ottawa has improved
more in one year than for the last
quarter OF a century.
Premier Supports Plan.
Premier Mackenzie King supported
measures last session which provided
more than $3,oOOOOO for Improvements.
The Russell Hotel and Theater, stand
ing in the heart of Ottawa, were expro-
priated and raZed to make way for a
park which will fittingly commemorate
the sixtieth birthday of Canada.
Improvements are being carried on
to a lesser degree in the vicinity OF
ottawa. It is expected that the future
will see the city made into federal
district including the city Of Hull and
part of the beautiful Gatineau district
This will entail an amendment TO the
British North America act, which has
been described as Canadas charter.
More Millions Wanted.
The commission hopes that some day
many more millions will be provided
for future development 1t is proposed
that the city hall, police HEADQUARTERS,
Evening star., 1928-12-30
Canada Is Spending Many Millions
In Identification of Capital City

historic old Knox Presbyterian Church
and other buildings will be razed and
Confederation Park extended.
To replace the city hall and police
station it is hoped that the government
will erect huge hall of justice which
would house civic services, police courts,
county courts and the supreme court.
A state theater may also be erected.
Evening star., 1928-12-30

r VOW stands our account with the
world in general at the begin
ming of 1929?
What are our liabilities?
What are our assets? What
are our risks? And what are our pos
sibilities for gain in intercourse with
other nations?
To state our international account in
terms of dollars is simple-and decep-
tive. In the first 10 months OF 1928
we sold to other nations forty-one hum
dred million dollars worth of our prod
ucts. We bought from those nations
commodities valued at thirty-four hum
dred million dollars. The year, as
whole, will show handsome profit
in dollars-for the United States.
But the account between nations
Evening star., 1928-12-30

Continued on Fourth Page.)
Evening star., 1928-12-30
BY FRANK II. SIMONDS.

IL months which end tomor-
row must be reckoned the most
disappointing since 1923, the
i year of the occupation of the
Evening star., 1928-12-30

.lContiriNed on Fifth Pagel-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-11
NEW CONVENT HERE.
NEAR COMPLETION.
Sisters of Bon Secours Home
and Chapel Soon to Be
Occupied.

The new convent and chapel for the
Sisters of the Bon Secours Order, who
rive nursing service to the poor free OF
charge. now rapidly is being completed
N the 1900 block of Yuma street, I'M
n,ediately north of the Immaculate
Seminary ON Wisconsin avenue. 1t is
expected members of the Catholic order
soon will occupy their new home.
The new building for the Sisters OF
Bon Secours was designed by Maurice F.
Moore and erected at cost OF approx
mately SS5.000. 1t is OF the Roman
esaue or early Italian style of archi-
lecture.
The building includes chapel. which
Is at right angles to the convent and
under separate roof, but is attached to
the main building. There is formed a
QUADRANGLE between the west side OF
fhe convent and the north side of the
chapel, affording privacy to the am
bulatory on the west side of the con-
vent and the garden Immediately In
front of il.
On the exterior Of the building. the
chapel is separated from the convent
by campanile or bell tower.
The convent proper is - feet by 81
feet and contains basement with high
ceiling, first floor. second floor and
roonay attic floor, which will be finished
for dormitories and other rooms. The
chapel building is 20 feet by AZ feet,
two stories high.
In the basement OF the convent Sec
ton are the work rooms. the laundry,
drying room. cold storage quarters ana
q large space for recreation programs
or showing of motion pictures. The
first floor contains public reception
rooms, sacristy, refectory, kitchen,
pantry and community room. The
second floor contains Il large sleeping
rooms. 2 baths. diet-kitchen, inflrmary
and an open sun porch.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-11
VETERANS GET MEDALS
FOR DEEDS 80 YEARS AGO
Eight Heroes Awarded Silver Star
Citations for Gallantry in
Various Places.
THE END.
fCoDyriuht 1903

Eight members Of Uncle Sans fight
ing force have just been awarded silver
star citations by the War Department
for acts of gallantry in action in the
Philippines, Porto Rico and New Mex
leo about 80 years ago.
Brig. Gen. James Parker, U. S. A..
retired. was decorated for personal
valor In action against the Apache
Indians at Devils Creek. N. Mex, May
%. 1885: Col. Robert r. Wallace, re-
tired, who is from Warrenton, Va. and
was appointed to the Army from the
District of Columbia, for gallantry at
Guaymas. p. r., August S. 1893. ard
Lieut.. Col. Arthur Poillon, United States
Cavalry. stationed at New York City:
Henry F. Eagle. former second lieuten-
ant. 47th United States Volunteers, now
at Pittsburgh: Albert B. Gebert, former
second lieutenant. United States IN
fantry, now at Chicago; Edward F. G.
Studert of Boston. former corporal.
26th Infantry Volunteers: William II
Archer Of indianapolis. former private.
26th Infantry. and George w. Christian
Of Mesa. Ariz., former private, saith In
fantry Volunteers. for acts of hcroisn
in various actions In the Philippines
between 1899 and 1908.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-11
W. R. HEARST, JR., TO WE'D.
New York Publishers Son Engaged
to Miss Alma Walker.

SAN FRANCISCO. February ii H).
The engagement of William Randolph
Hearst, jr., third son Of William r.
Hearst. publisher. and Miss Alma
Walker of Piedmont. Calf, and San
Francisco, was announced here Thurs
day.
Miss Walker Is the daughter of Mr..
and Mrs. Clinton L. Walker, and a
granddaughter Of p. B. Walker Min
neapolis art collector. She studied art
in Europe and In the New York Art
League.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-11

JUST then SIX men entered the Teccp-
ton room of the mortuary, and the big
man beckoned them to his side. With
barred heads they bowed before the little
weeping mother, as the big man took
her hand again In his.
These boys are Jacks co-WOrkers
Mrs. Fordyce, they insisted on coming
to pay their respects to you," said the
big man gently. The men paused for
few moments, they passed slowly out
OF the room. Just then an attendant
approached 1890 everything was in readi-
ness for the return trip home. The
big man placed the little mother In q
waiting automobile, and sat beside her
and at the depot he left her only when
he had taken her into her train. Al
he turned away and walked through the
crowd, hand was laid on his shoulder
Are you taking your favorites out
for walk, warden?"
Hello, Joyce-the boys came along
with me to greet the mother of No
57694-he died suddenly, and the little
mother does not know he was convict
You ought to remember him. Judge
Smith. / believe you sentenced him fol-
forgery"
II sentence so many, I have for.
| gotten--but that reminds me that haC
| a letter from a young man in India
who has heard Of that young soldier.
case; you remember the fellow who wa.
sent up for forging old Burners name,
have the letter somewhere in mj
pocket" mumbled the judge, searching
through his various pockets.
| well this letter was from Bruner'
son to his father, stating that he signet
his fathers name to that check, ant
got the money and used 1t. So young
Fordyce must be released"
| "Fordyce! My God! That Is the DO.
who died-No. 57694."
| THE END.
(Copyrght. 1921
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-11
FORMER COAST GUARD
OFFICER IS ACQUITTED
Jury Disagrees on Two Other Men
in Rum Conspiracy Case
at Boston.

By the Associated Press.
BOSTON. February 11.-~Sidney F.
Nichols, former Coast Guard officer
was acquitted yesterday by Federal
jury before which he was tried on
charges Of liquor conspiracy and SNUG
Cling. The jury was unable to agree In
the cases of Carl q. HalwartZ. former
executive of the Coast Guard. and John
B. Magnus. Boston garage owner.
The Government had charged tina.
Magnus owned schoonsrs which oper-
ated to rum row of Cape Cod, and that
he had been able to keep in touch
with Coast Guard vessels through a
stolen copy OF the secret code of the
Guard and private radio station, By
means OF which he advised his fleet OF
the movements Of the Government
vessels.
1t was further charged that Hal
wartz. Nichols and other members OF
the Coast Guard were In conspiracy To
protect the smugglers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-11
| HARRY HILL DEFENSE
CLOSES TESTIMONY
Prosecution Calls Rebuttal Wit.
nesses in Case Of Youth Ac-
cused of Matricide.

BY the Associated Press.
OTTAWA. H.. February li.--Defense
counsel for Harry Hill. charged with the
murder of his mother. Mrs. Eliza A.
Hill, rested the case yesterday. The
prosecution Immediately prepared to
call several rebuttal witnesses.
More than so witnesses were put on
by the defense over period OF four
days. The climax OF the defense's case
was reached yesterday with the testi-
mony of six neighbors and friends Of
Mrs. Hill, who testified to having seen
her seven days or more before her body
was found In the basement Of her home
August 90 The prosecution contends
she was slain August or 5.
1t &as expected that the jury would
not get the case before the middle OF
next week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-11
HOME HEATING ADVICE
BY ARA MARCUS DANIELS.
Consulting aid Advisory Engineer.

Suitable metal weather stripping fire.
uently reduced by Is to 20 per cent
the radiation required.
The prevention of window leakage
means a saving Of heat and a lessening
Of dirt blown into the house. In GER
tain apartment house. situated near a
railroad station in a large city. during
the first season Of its occupancy the
heating system supplied sufficient heat
with reasonable economy Of fuel. but
smoke and dust were a nuisance. Metal
weather stripping was applied before
the next heating season. and as a re-
suit the temperature OF the rooms was
too high. The radiating surface was
reduced almost one-fourth. and it still
supplied sufficient heat, while the fuel
consumption also showed noticeable
reduction. Fuel saving Of Is to IS .,er-
cent appears possible by equipping win
dows and doors with metal stripping.
If. therefore, metal weather stripping Is
put IN when the house Is built, 1t Is pos
sib.e TO reduce the size and cost Of the
heating plant proportionately TO the re-
duction in radiation surface made pos
sible. The cost Of metal weather strip
ping may frequently be Offset by the
reduction In cost of the heating plant.
Copyright 1877 Ara Marcus DanieIs.b
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-11
January PROJECTS
SEEN At HIGH PEAK
Contracts. Awarded in States
East of Rocky Mountains
Total S427,1e8,7O

Total construction contracts awarded
during January in the 81 States east
Of the Rocky Mountains amounted to
f427. l6S. 700, according to F. w. Dodge
Corporation. These States include
about 81 per cent of the total construc-
ton volume of the country. This was
next to the largest January total on
record, and represented an increase OF
II per cent over January OF last year.
Compared with December. the past
month showed a decline of II per cent.
Three districts made new high totals
for the month of January, the new rec
ords being reached by New England,
the Central West and Texas. Three
other districts. New York State and
northern New jersey. the Southeastern
States and the Middle Atlantic States
reached totals which were next TO the
highest ever recorded for January.
The more important items In last
months building and engineering rec
ord were: slo3,l89 200, or As per cent
of all construction, for residential
buildings. S72,033. 700, or II per cent,
for public works and utilities: s68.85l.-
400, or 10 per cent, for commercial
buildings: s37,970 800, or per cent. for
Industrial buildings; s23 1863. 400. or 5
Der cent, for educational buildings;
sII.Is2. 400. or per cent. for hospitals
and institutions: S9,189. TOO. or 2 per
cent. for social and recreational projects:
&5.6l2.300, or / per cent. for public
buildings, and $500. 900, or 1 per cent,
for religious and memorial buildings
Contemplated construction projects
we're reported for these 81 States TO the
amount OF 1904 ,6f4 800 during January.
This was a 20 per cent increase over
thu amount reported for January OF lase
year, though 1t represented decrease
OF o per cent from the December figure.
The Middle Atlantic States eastern
PENNSYLVANIA, southern New Jersey,
MARYLAND, Delaware, District OF Column
bia and Virginla) had s5i ,2e4 300
worth Of contracts for new building and
engineering work last month. This
figure exceeded December by IL per
cent and was only per cent below the
record January Of 1927.
Included In the January construction
record were $i8,360. 900. or 30 per cent
q all construction, for residential
buildings: Sl,354 500. or 20 per cent
for commercial buildings: S7.Sl8200, or
S per cent. for public works and utii-
flies: S7.i30. 800. or IA per cent. for in
oustrial buildings: $2,58S.300. or S per
cent. for hospitals and institutions,
f2.00i 300. Or per cent. for social and
fecYeationaI projects, and 81 .529. 100. or
3 -e-~ cent, for religious and memorial
buildings.
Contemplated construction projects
IRE reported for the Middle Atlantic
EEateg in January 10 the amount Of
eii2,755, 300. This figure represented
declines Of 4 per cent from January,
1927, and Of 10 per cent from Deem
Der