davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-06-25
j. s. AS LENDER
TAKES PLACE
OF BRITAIN
By MERRYLE J. RUKEYsER

BY MEHRYLE q. RUMEYSEh
NEW York. June 25.- Amer
Eca's new pre-eninsnce AZ \ crsdi-
tor nation raises the question
whether ! lending nation height
eng the welfare ot its own people
BY exporting capital,
Recently labor leaders, with
their eve on domestic unemploy-
ment, have expressed the belief
that surplus funds ought 70 be
invested at home to broaden
opportunities for employment.
Irrespective Of academic ans
wers to this question, America
has embarked on a new career
OF financial imperialism, and II
playing key role In the post.
war economic reconstruction Of
former belligerents and in the
modernIzation Of more backward
non. European countries.
Mostly Private
Apart from the $1D 900 900 900
advanced during the war ana
Immediately after the arnatstice wv
the Tinted States Treasury To the
war associates, the loans have been
made through private investment
channels, with very informal Cow
eminent supervision. The state
Department has asked bankers to
submit proposed foreign loans 10
that the Government might have
an opportunity to express objec-
ton to projects that came into
conflict with the major diplo-
matte detectives Of Washington
AZ 4 foreign lender, America
ii newcomer. Great Britain,
which before the war held un-
questioned primacy AZ world
banker, h STEPPED In decades Of
tradition. And yet even on the
other side Il lively debate Is 60
ing on concerning the benefits
which the lending nation gets.
Liberal leaders are inclining to-
ward the viewpoint that unre.
stricted export or capital may be
undesirable.
Three Views
Theodor II. Gregory, professor
OF economics AZ the University VI
London. indulging ia 4 foreign
exchange Of ideas at the Univer4
sity Cf Chicago last week, pointed
Ou1s X HI@4 4AAANL SLA oCQoul8 u
thought exist on foreign invest
raente. The first Is the traditional
and orthodox view that foreign
Investments are bound up with
the whole structure OF English
economics and that capital ex-
port f. necessary for the support
at British industries, such as steel.
The second school Is the I'm.
NEUTRALITY-SUSPICIOUS. group which
contends that capital exports
should BE- made To stimulate ex.
port Of British goods as 4 mat
ter Of deliberate policy.
Newest IT the views to come
prominently to tho fore has been
the 'econcnnia ma tionaliat opinion
allied with the traditional party
of free trade. the Liberals. It
can Be proved that to leave
ths direction Of investment to
private individuals does not az
ways bring the best resultss
that Great Britain IL tindersup-
piled with capital, while the Do.
mini0n and the rest Of the
world are oversupplied at the
expense Of the United Kingdom"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-06-25

Rent This Hems for ths
Summer

AWkbAff1@K
COLONIAL home, eight rooms,
two baths, large porch, "a
rage, electric refrigerator, radio,
screened throughout, luxurious
shade, flowers, delightfully."- cool,
beautiful surroundings for sum-
mee months. See the Rental
Columns In today's Classified.
49,
Apartment for Rent
SEE this 21st Street apart.
ment. Entire floor. three rooms,
kitchen, private bath, southern
exposure, gas and electricity In
cluded. S65 per month. The
Classified Rental Columns tells
the. rest,
WaFeheuse AOaiIable
THIS warehouse n available
today. Guitablo for laundry or
other business. Located in zee.
Ond commercial zone: centrally
located. Details In classified,
Classification los.
Chevrolet Landau for Sale
CHEVROLET Landau Sedan,
1927. This car il Just like new;
driven very little: completely
equipped; terms. Sec the Auto
mobile for Sale Columns IN Clas.
sified.
80
Rooms for Rent
* STREET n. w. Single and
double rooms, newly papered.
Running water ID rooms. Rea-
sOnabIe. SEQ the @ lasBified
Rental Columns FOR Details.
The nboOe Eennta and offers
are oRly q fetD 81 the many
Interesting propositions 2au
UiU find ddvertiscd IN todsy's
Times and Herald classified
adVertisine sections.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-06-25

(Furnished by w. .. Hibbs 4 Coz
BID Ask
Angio-Amer oil new vOt... 1TM ~
Borne Scrymear ca .s.. AS 81
Buckeye Pipe Line, ......s.. Sc So
ChesborouRh Manuf Co....li3 l14B
Continental OIL Co......l 16k 1B%
Cumberland Pipa Line Co... IS 102
Eureka Pipe Line. ....s..l 20 80
Galena signal OIL com $500 10 l2
Humble Oil ...,...s....s.s. I6% ~
Illinois Pipe Line. 21O 220
imperial OIL Of Canadas. g4M 94h
Pete .....,.n. 50 ssh
Indiana Pipe .......s...ss. so -
New York Trans Co. Sc 81
Northern Pipe Line Co. 10 Illb
Ohio OIL Co.......s.s.....J Sass SIN
Penn Mexican Fuel ,,..s... 36 40
Prairie Oil q Gas Co. ~ 49h
Prairie Pipa Lfne...........t209 l210b
Solar Refining Co. IFS $50
Southern Pipe Lima Co...,.. Is -
South Penn Oil Co. IS 44A
south western Pipe Line Co. 80 ~
standard oil Co o. md -. TN g
standard oil Co of KAN. 90 y
Standard oil Co Of Kent. l144 u llLg
:!::s::s 81 81 :: :: !: { s;S
Vacuum Oil Co ....-.s.t...ts3zhl 11
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-06-25
BALTIMORE GRAIN MARKET

Wheat-Nominal No, 2, red, win
ter. garlicky, old, not quoted. Re-
ceipts, 10 bushels new first of sea-
SON shipments, 1850 bushels.
Corn-Firnner. No. 2, yellow, do
mestic. $1.1S@1.19 bushel. Receipts,
2.253 bushels; shipments. LAP bush.
els.
Oats-F'irm. No. 2, white, domes-
tic. 7797Sc busheI; Ne. 3, white,
76077c busheI. Receipts, s9,569
bushels; shipments, LIS bushels.
Rye--Nominal. Receipts, 80 hush'
els; shipments, none.
Hay-Dull; supply ample.
Flour--Steady.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-06-25
LIVERPOOL COTTON

LIVERPOOL, June 25.-SpOts
were quiet with prices steady here
today. Sales totaled 5000 bales,
receipts 5000 bales.
Midland fair was quoted Mt $4,000:
strictly good mIds. 12.46d: good
nnids, 12.16d; strictly mids. 12.0Hd:
mids, 11.95d; strictly low mids,
11.SOd; low mids. 11.65d; strictly
good ordinary, 11.45d; good ordinary,
11.l5d.
Futures opened steady with July
at 1l.42d; October, 11.30d: DeceIIl.
Der, 11.20d; January, 11,20d; March,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-06-25
CHICAGO Cash GRAIN

CHICAGO, June '25.--Cash Am
Wheat--Nc. hard, $1.41; No
northsrtg spring, $1.40.
Corn--No. . mixed. $1,03iz; No.
mixed, S1OiO$l.O2A; No. mixed,
S1.OtIa; No. 5 mixed, 9shc; No.
mixed. s7m9shc: No. yellow,
S1.03A @1.05; No. yellow. 81 .02h @
/ .OsM: No, 4 yellow, $1,000 .O2; No.
yellow, ss@l.01A; No. yellow
as msai5c; No. 2 white, $i.o4A; no
white, $1.O1@1.O51s; No. 4 white,
81 .OO@1.02A; No. white. 99h; NO.
& white, CSC; sample grade, Ss@9so'
Oats-No. . white, 72073Mc; NO
white, 62073he; No. 4 white
61@65c.
Rye-None.
Rarley-Cash, s401.06.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-06-25

LOCAL STOCKS
FURNISHED 81 VI =. Hibbr 4 Col
SALES

tFurnishsd 81 " =. 1Eibbs = Col
SALES
Capital Traction IS. $500 q 1oS X
washington Gas Sc $2,0O0M
1854. 5000 los. s5o00to5, 5000
washington Ca 81 g. $1,000
1o7.
washington Railway and Electric
4s, $500m9a.
Potomac Electric S. pfd., e09t11.
washington Gas Light. so q 90 q
$50 S $50 9S
Ri9gs National Bank 40 536.
National Union Fire Insurance
Co.. 60051. 500 5 6006Js.
Chevy Chase Dairy pfd., 1O@11O.
Columbia sand and Gravel pfd.s
Msrgsnthaler Linotype. lO@IOi,
Peoples Drug store prd.. 1O@1o7.
washington Loan and Trust CO.
405O7.
AFTER CALL
Potomac Electric first So. $4,000
@10OA
washington Railway and Electric
Al, $2,0000 93
washington Cas- S.. 35OO0IO5E
Potomac electric Cons IS. $1,000
0l038
capital Traction S., sI 1900 IO3H
Anacostia ana Potomac Railroad
IS. $1,000 80
Riggs National Bank, ion 534.
Capital Traction Co, 1O0I07.
Il MONEY
-. ~ N - > 49,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-06-25
OIL STOCKS

4 per cent extra.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-06-25
CHICAGO GRAM MARKET
ItsHTf.A 60. June 25-- Grains closed

CHICAGO. June 25-- rains closed
reneraIly lower today. Wheat was
of III 10 lhc; Corn " to l14c
and oats s-cent lower. 70 s.
higher.
wheat opened X to &c lower
and ruled easier during the fore.
noon with scattered selling, weak
ness at Liverpool and Generaliy
favorable weather conditions. Buy
ing power was light early. Receipts
were s cars. Worlds shipments
tlnie week were 1910 900 bushels,
r,,,,n with 16.792,000 bushels
last week. S.
corn started &c lower to IL
higher with the July future weak
ana other deliveries firm. Unfayor-
able weather continues over mucn
81 the belt, with temperatures TOO
Inv and considerable rain. Estl-
mated receipts were 100 cars.
worlds shipments were 9,Ss5'OVV
bushels. -,
Oats opened unchanged 20 IS
higher. and advanced further on
Commission houses and local buy
irr. Selling was scattered. Receipts
were 81 cars. Weather conditlons
were unfayorable.
Provisions were firm early.
, 1928-09-08

Chicago, Sept. 9th. -Bparish sentiment
prevailed in an uninteresting session in
the wheat pit today and prices averaged
lower than the previous day. Sales for
Northwest account were responsible for
part of the weakness, IN a market readi-
Iy influenced, and news from the grow
ing crops areas and the harvest fields
was almost universally favourable. Elk
port demand was light. September corn
had less support than the latter months
which rallied on the dips, but stayed in
narrow limits
Londo0, Sept 6tb.-1he cricket match
between Mr.. Gains vi and the West In
dams resulted in a draw. The West In
dians scored 1853 for 9 wickets and de-
clared. Mr.. Cahn's vi ia and SO for 2.
MARKET QUOTATIONS.
New York, Sept. 9th.
Flour standard export grades Sc. so.
Corn meal yellow kiln dried per bag of
1876 lbs. SIS so
Pork heavy mess old per barrel S34. so
Pork short Gear medium quality per
barrel S33 SO.
Sugar centrif. basis SO deg. test per
90 lbs. So 80.
Exchange sight 81. 84B.
Exchange go days $4.6l8.
, 1928-09-08
U.s. NAVAL RADIO TAIION.
SEPTEMBER z. 1923.
Courtesy OF the Associated Pre8s.)

Glasgow: Sir William Gragg, presi-
dent of the British association for the ad-
vancement of science, declared last night
in a speech before an association meet
ing that man has a soul This is a direct
contradiction to the statement made last
year by the association 5 president who at
that time was Sir Arthur Keith who re-
jected the idea that mankind has a life
after death. Sir William says that sci
ence and religion are incompatible and sci
ence can not prove that there is not life
of the soul after death.
, 1928-09-08
all parts Of Australia aud 2New Zealand

and he Pacific.
Geneva, Sept. 6th-Aim4i at the sup
preston of the use of alc0noI in homes
a0d at social gatherings a union for alco
hol Tree culture has been formed by vo
men of five European states Finland.
Sweden, Denmark, Esthoala, Latvia,
these women are anxious TO have the
whole problem Of atC0nOl dAalt With by
the League OF Nations sall Wilma Hahn
arc Finish delegate who described the
aims Of the union.
Winnipeg. Sept 6tn thirty British
h~arvesterS have petitiOned the Winnipeg
Trades and Labour council to aid them in
their attempt to have promises, watch
Jney claim were u 4d- before they left
Great Britain fulfilled. 10 a long note they
complain that various British employ
ment agencies lad promised four or five
dollars a day in the harvest fields. On
comin21to Canada they had found that
such conditions were non existent. Sew
eral of their number had tried to give
satisfaction in the harvest work but had
been paid off at rates of one to two and a
half dollars a day
Montreal, Sept 9th = Coming here a
month ago for a tour of Canada as Am
bassadOrs OF the Empire fifty represent
tatives of the youths of the British Isles
Is boys aud Is girls, between the ages OF
IA and 81, are returning to their homes
in England Ireland, Scotland and Wales.
Their captivatiOn by the charms of chal
lengeS Of the Dominion and their J., cen-
tiOns to boost Canada their return to the
United aKinRdOm. were declared at a
luncheon rendered their party today by
the city of Montreal. They are leaving on
the S S. Alaunla on Friday for nome.
They go back with high and confirmed
optimists with a new vision of Canada.
London, Sept. 9th The London hos.
pitfalls, which already possess III MILL
grammes of radium, are purchasing a fur
Their 30 milligrammes at a cost of IL, 1874
for use In cancer treatment. The radium
is to be mounted 10 the form of needles,
similar in appearance to those used with
gramophones. They are of platinum and
contain from 2 to 6 mijIigrammes each.
The treatment consists in inserting a
number of radlum needles around the
growth. They remain there for varying
times, generally five days, and in favour
able cases the growth is not only pre-
vented from spreading, but is also des.
troyed. AS many as forty needles are
used in some cases.
New York, Sept. 9Th With only indif-
ferent demand and increased offerings
of nearby duty free land hedges sugar,
the raw sugar market had an easier tone,
prices declining 1t16 of a cent to the ba-
sis of d. 08 delivered. Sales included 81.
, 1928-09-08

pany NeWyOrk, died suddenly.
New York, Sept 9th. National head-
quarters Of me near east relief nave an
nounced the receipt Of a cablegram stat
ing that the epidemic of dengue fever
in Greece has claimed as its vIc,imS 80
parc- N Of the effected populatioo 1T
Athens and Pirapus The disease is
spreading 10 the suburbs OF the " cltlas
the m-sSake reported
Paris, Sept. 6t0. A H4va'S dispatch
fran CtSlDtlnci, Morocco, saws Gn4I che
Frencn air nAl an A5S)Iant and Rene
L4fevre started at s IL a.. m yesterday
for ST. Louis Senegal Arnl1I Lntj, tnaIr
hacker, accOmOanied them.
81 lckbDlm Sept 8 n -rn3 Government
has deci tel. subject u the approval of
Parliament, to adhere 10 the anti war
pact it has been announced here.
Washington, Sep, Eth / Ihreefourta Of
the important nations of The world, who
were asked to renouuce war after the
Kellogg BRAND treaty was signed, we're
listed yesterday among those VINO have
declared their intention to do so. A week
after the signing Or the paet by the if-
teen original sic natOries, only sixteen OF
me slXtyfOI r countries remained to be
heard from. ".hey we're Afghanjstan,
Albania, Chile, China, Columbia, Ecua-
dor, Guatemala, Honduras, Hungary, lee
la0d. Nicaragua, Paraguay Persia, Sal
vador, and Siam.
Prague, Sept 9Th. the international
Church Congress- yesterday selected A
special committee, Wnich was appointed
to examine the GregOrIan calender in an
endeav0ur to determine the precise date
Of ChrlSt'S resurrection, with 4 view to
fixing an immovable date for Easter
Rooseveltield, NY Sept 9th. Thirty
seven airplanes took off yesterday in a
5000 mile air race to Los Angeles.
Tnlr ysaVan minutes after the first craft
Iefr The ground. the last plane took the
air on a hive day journey across the 0
try. An OV9rnlSll a4Ij viii BE- made at
CJlu nbu3. O1iO rn9 cDnl48j st4rting
yesterday was for planes with motor dis
placement Of less than $40 cubic inches
Two other classes will start today and
a non stop flight will take place on Wed,
neSday Sept 18th. Cash prizes of 50, 900
dollars will be distributed among the
four divisions.
Detriot, Sept. 9Th Garwood, Detroit
speed wizard drove his hydropiaDe Miss
America VII t0a new worlds record
this morning when he averaged 90 1873
miles an hour in the trails for the one
mile championship of North America.
The old record was so. 467 which Wood
made in his Miss America V, The speed
of 81. 1873 is the average of six dashes over
the mile course three with the cuYront
Vashon Island news-record. [volume] (Vashon, Wash.) 1919-1954, 1928-10-05
The Age of Oil

With the one exception Of the
art Of printing, it may be doubted
if any single industry has brought
so many sweeping changes to the
world as has the modern produe-
ton and use of petroleum, says
the Daily Chronicle Of The Dalles,
Oregon.
with all its progress, all its
technical and scientific achieve
ments, the world has found no
substitute for petroleum as hand
maiden to the vast mechanisms OF
the industrial age, The multiplied
ton OF petroleum-driven vehicles
has converted this vast continent
into a neighborhood, has Increased
the output and lightened the la
bors of the farm, has made the
worlds industrial progress pos
siblc aud has had its effect on
every phase Of modern life.
Americans know, and Other
nations know, that petroleum is
the source of much Of the wealth
and progress Of the United
States.
Vashon Island news-record. [volume] (Vashon, Wash.) 1919-1954, 1928-10-05

A, A. Borland of Pennsylvania when
called on for an extemporaneous
speech at a banquet is said to have re-
marked that he had somewhat the
same feeling for the postmaster that
a certain thief had toward a church
bell. This thief lad robbed a small
town bank, and had apparently made
his getaway In good shape by hiding
In a church belfry.
After time he grew weary OF his
surroundings. and thinking the coast
clear, undertook to slide down the
nearby rope to safety No sooner had
he started down than the bell began
to peal, and almost Immediately he
found himself surrounded by good
share Of the village population. See
ing that he had no hope OF escape, he
looked up at the he'll and shaking nm
angry fist remarked; "If It hadn't
been for your long tongue and empty
head, I wouldn't be in this mess.'--Ex-
change
Vashon Island news-record. [volume] (Vashon, Wash.) 1919-1954, 1928-10-05
MAKE FARM ELECTRI.
FICATI0N PRACTICAL

One of the greatest benefits ever
given the farmer is electricity. 1t
is revolutionizing agricultural life
and methods.
Old and inefficient equipment is
passing OUT in favor Of power-op-
Grated equipment that is cheaper
to operate, and superior in many
ways.
There are a number of important
problems that must be met to make
farm electrification general. Ii
wrongly handled, electricity ON
the farm is a failure. Ii handled
correctly it is tremendous sue
cess. Thefe must be cooperation
between the farmer, the power
company and the manufacturer of
electric equipment.
The initial wiring installation
should be heavy enough to carry
an adequate load. Light wiring
that is sufficient for only lighting
purposes is quickly out-moded.
AT the beginning, provision must
be made for increased future use.
Sufficient outlets should be IN
stalled in all places where electri.
city can be used.
Electricity can be used most
economically by utilizing low
horsepower motors and taking a
little longer for the work, than by
high-powered motors that hurry
the work.
II farm power is employed sci
cntifieally, il will pay for itself in
saving time and work. The nod
eru farmer, who understands its
uses, is enterting new and great
er period Of agrarian prosperity.
Vashon Island news-record. [volume] (Vashon, Wash.) 1919-1954, 1928-10-05
Go Far Back TO Find
Idea of Steam Engine

DR., Frank II. NiZstelly, managing
editor Of the Standard dictionary. says
the original steam engine was the coli
pile al Nero, which was exhibited in
the Serapeum of Alexandria in the
year 100 Il. @. The Serapeum is the
great temple of Scraps, that stood
near Memphis and was built over the
mausoleum OF the. Apis. or sacred bulls,
out in Egypt.
"The first steam engine equipped
with cylinder and piston was Invent
Ell by Denis Papin, In 1890. He was
a French physicist who invented a
condensing engine, siphon and safety
valve. Not until 1905, however, did
Newcomer and Galley make the piston
engine practical engine. but Just to
give you an idea of what an interna-
tIonal Thing the steam engine is, let
me say that. although there is no rec
ord Of the use of steam expansion as
a propulsiye power prior 10 the Sew
enteenth century, with the dawn of
this century an Italian, Giovanni Bat
tista della Porta, In a work of his on
pneumatles. suggested the principle OF
steam condensation and consequent
suction, Incorporated in his water
pump, In 1893, by Thomas Sayery, an
English military engineer. who lived
from 1850 to 1715 and wrote on paddle
wheels.
1T was, as I have said before. In
17o6 that Newcomer improved the
pumping engine. adopting the prlnct-
pie OF cylinder and piston found in
Papin's invention. but this became en-
tirely obsolete when. In 1860, James
Watt added condenser separate from
the cylinder, and this made an enor-
nous saving in the expenditure Of
heat. He secured a patent for apply
in continuous revolving motion TO
a shaft provided with fywheei, In
1871. but left 1t TO Richard TrevI-
thick, In England, and Oliver Evans.
in the United States, to introduce,
about 1900, the high-pressure engine
that opened the way TO Stephenson
and the modern locomotive"
Vashon Island news-record. [volume] (Vashon, Wash.) 1919-1954, 1928-10-05
Electricity and Bananas

Among the many extensions OF the
use OF electrical machinery attention
may be called to the employment of
motor-driven marine legs" machine
to unload bananas from the holds OF
frnlt-carrying vessels at New Orleans.
Not only is there great saving Of
labor, but It Is said that the fruit is
much less damaged than when unload
ed by hand AT Louisville electric
radiators have been employed to rlpen
bananas for local consumption, The
fruit Is hung In rlpening rooms and
subjected to temperature of from
20 to 80 degrees during & period Of
4s hours. Afterward it IL kept In
storage at a temperature of from co
to 10 degrees Washington Star.
Vashon Island news-record. [volume] (Vashon, Wash.) 1919-1954, 1928-10-05
VASHoN ISLAND CHURCHES
Presbyterian Church

Sunday School at 10 o'clock.
Next Sunday is Rally Day, an pu-
pills and parents ate urged TO be-
present
Morning worship at ii o'clock
The sacrements OF the Lords Sup
per viii be administered at this
service Special music morning aud
evening.
Young Peoples meeting al 80
p M Topic Workers together
with Cod
The egeifme worship at 1850,
win begin with o fifteen minute
song service Plan 10 he present
Next Sunday is che Pastors
third ANNIVERSARY here. lie hopes
that every member aud adherent
Vashon Island news-record. [volume] (Vashon, Wash.) 1919-1954, 1928-10-05
EDITORIAL
Vote for Hoover and Curtis.
How About It2

Ii the Governor was honest and
sincere when he was defaming
ClauSen, Hinkle and Sayidge. is
he honest and sincere now in con
graduating them on their "splen-
did victory II they were I'M
worthy of public confidence the
night before the primaries, were
they not equally unworthy the
night after the primalies9 Yet, on
the one occasion, he branded them
as indicators and, on the next
occasion, he bestows upon them his
blessing and his best wishes for
their happiness -Puyallup
Valley Tribune.
Vashon Island news-record. [volume] (Vashon, Wash.) 1919-1954, 1928-10-05
Old Dances Reoioed

old-tlme dances of the days OF
Merry England are being revived in
London and vicinity An nll-England
festival Of folk dancing and singing
was held recently and nearly 1000
people stepped the figures that once
were popular on the village green.
Tunes that were familiar In the old
en- times were played by an old-fash-
Toned orchestra and sung by the crowd
One feature was display by two
teams Of traditional sword dancers
from Durham and Yorkshire. At the
time Of this festival 1900 dancers at
tended a folk song and dance school in
another he'll in London. Similar
events are being given In other parts
OF England.