Newspaper Page Text
A NEWSPAPER
hEVOTED TO
pUBLIC SERVICE.
By E. L. RAINEY
ANNUAL WINTER EXODUS 18
IN FULL BLAST. GROWN
TO HUGE NUMBERS.
B
HOTELS REAP HARVEST
Four Hundred Thousand Tourists
Now Patronize the Winter Resorts
of Florida, the Carolinas and Cuba.
Spend Many Millions.
The golden migration to ‘the Caro
linas and Sunny Florida from the win
ter winds of the north again is under
way, and this year bids fair to break
all records for money spent for rec
reation and amusements. Crops and
iruits, for which Florida is notdl,.
take second place as a source of reve-‘
nue to the millions spent by tourists
“in Florida’s balmy clime.
To enjoy life amid southern breezes
while the north shivers under a blank
et of snow costs money, -how much
no one can ever know. It used to be
said that $100,000,000 was spent by
tourists in Florida every winter, but
that was before the war and the cost
oi touring had gone up. Now it is reck
oned at close to a quarter billion -dol
lars.
Travel Started Early.
Some approximation of the facts can
be cbtained, however, by search among
the railroad records. Passenger agents
this vear are expecting a greater travel
couthwargl than ever before. Travel
began earlier than usual this season
and promises to break all records. The
“eacon lasts for about 15 weeks, and
during that time it 18 estimated that
400.000 tourists will wend their way
to the sunny south. e
It is cstimated that 200,000 will trav
el by rail, 150,000 by automobile and
at least 50,000 by boat, private cars
and vachts. Of this total number it is
cstimated that about 280,000 persons
spend their vacations at the better
known hotels, while the other 120,000
find their way to the smaller places and
to bungalows, cottages and boarding
nouses.
Tourists Not Spendthrifts.
The great majority of the people
who go to Florida are neither enor
mously wealthy nor great spendthrifts.
Buncalow colonies are growing up all
over Florida, built by persons of mod
erate means, who go south for their
health. These are the ones who con
tribute the majority of the largess to
the southland. The people of wealth,
whose names associated with Palm
_Beach have made it one of the most
iamous places in the world, are very
few in number, but make up for that
by the vast amounts they spend for
entertainment.
These varying pocketbooks hav
caused a great variety in the decora
tion and cost of the hostelries, which
scem to have sprung up all over Flor
ida. There are places for the rich man,
the poor man, and the man who has
a large family and the money and dis
position to give them a good time.‘
There are places like The Breakers,
where one can spend $4O a day “and
up,” to modest little hotels, where $3
and $4 a day is charged for meals and
room. A fair average charge for the
hundreds of hotels from Asheville, N.
C., south is $8 a day. -
Hotel Charges Enormous.
Even t}\_is amounts to an epormous.
sum, for if each of the 400,000 persons
stays on an average of two weeks that
brings the total hotel charges to $44,-
800,000. Just how much wealthy per
sons spend, who take five or six
guests with maids and valets, can best
be imagined, and yet their contribu
tion is comparatively small. s
~That can be shown by an examina
tion of the great chain of hotels run
by the Florida East Coast Hotel .com
pany, which manages The Breakers
and the Royal Poinciana, the two best
known hotels in Florida. Their hotels,
}H«' first of which opened on Dec. 13,
bewinning the Florida season, will hold
#5BOO persons. If they are filled to ca
-11).'“‘:1;.'. and they always are during the
9 b *,'k\ season, at an average charge
:‘ 512 a day, their own estimate, the
1' ¢is a little more than $6,000,000~
h].-"v‘,t charges will probably run a little
ngher, as §3O to $35 a day is not an
unusual charge in many of these hotels
tor the better rooms. I
- ‘Homes Not Expensive. ,
w.‘tu homes also are not all of mag
.( ent pretension. Colonies of reason
-204 f“l'h‘_cd homes have grown up
',‘,',:'.j”""[‘-\'t. Petersburg, Miami, West
vy scach and other Florida cities. |
I”.“";‘;Hlllgtc(l that ten per cent of the
e 2 ho go to Florida own their’
oatar. omes there, Which ‘gives a real
l\'-\-‘: _,r,\};‘f“““o“ of $320,000,000.0wned
L ‘“}rncr?. The tax on this is a big
fe o ol 1t to the state.
! stimated that the railroads will
from el DY of about $20,000,000
o Dbassenger fares to the southland
ot “j]-l*fO]n. What is spent for amuse
that 1: be guessed at, for it is a sum'
o 3‘:’l(]);;\’s according to the means
g of the individual. It ig ‘esti
.(JUH i‘-‘j(_)\l\'t‘\’er, that at least ~s4‘olooo,'
Mt d:‘r‘. by northerners for amuse-
T fng‘thexr sojourn in southern
ed at ce ‘\(,]»"m'e of the amounts dropp
onpal Certain gambling meccas, known
¥ 1o the chosen few.
i Havana a Lure.
NO acee .
he \.',::[“h?t“(f“thOf winter resorts would
ence to Hastao days without refer
raise a Hfiril‘ana’ Whe}'e a man can
e H:fi;:r);f:uf’!;ldfgratlfy it. The Hav
ber until the end rom late in Novem
mg all that 1(1"'] ot Feb;‘uary, and dur
gration of s me there is a steady mi
sB Culn HI’O” and pleasure seekers
lars Pl‘-&D(‘Otw. many millions of dol-
Wl neven h" km Havana each season
to care, \.Oel nown and no one seems
does not } ong as the Volstead law
ecome applicable there.
THE DAWSON NEWS
There Is No Money :
To Pay Seven Thousand
Washington Employes
Big Force Will Be Dropped From the
Government Payroll in the Dis
trict of Columbia.
WASHINGTON, D. C.— Seven
thousand government employes in the
District of Columbia must be dropped
from the payrolls if the annual legis
lative, executive and judicial appro
priation is passed in its present form
as just completed by a sub-commit
tee of the house committee on appro
priations.
Appropriations carried in the bill to
tal about $100,000,000, as compared
with department estimates of $136,000,-
000. The total for the present fiscal
year, as provided in the bill passed a
year ago, was about $106,000,000.
The sub-committee, headed by’ Rep
resentative Wood, of Indiana, has just
taken final action on all the various
items of the bill and will present the
measure to the full committee for ac
tion next week. The bill will be re
rted to the house and. put through
7._1 ) ~ek and will be put through the
DeIORE: inary 15th, :
REVELERS .. ING
WILD SCENES MARK ADVENT
OF THE NEW YEAR. INTRO
DUCE MANY NOVELTIES.
PARlS.—Fishing rods twenty-one
feet long, with liftle balloons dangling
at the ends, with which the New
Year’s revelers teased and poked their
neighbors, were the sensation among
the novelties introduced by the big
restaurants to amuse clienfs, who were
welcoming in 1921.
World famous restaurants presented
wild scenes in the early morning
hours. Beautiful barebacked, aigretted
women laden with monster jewelry
and armed with the latest fads, knock
ed off the spectacles of bald-headed
roysterers.
There was tremendous hilarity at
the Cafe de Paris_when a leading ac
tress knocked the wig off a well known
politician who never before had been
suspected of wearing a toupee. The
management of one restaurant tried
to collect the fishing rods when a
band of Americans unaccustomed to
champagne became boisterous, disar
ranging the elaborate coiffures and
diamond tiarras worn by the society
women.
Balloons batted back and forth be
tween the tables like shuttle-cocks
were another feature.
Most restaurants did not distribute
the little cotton balls, brilliantly color
ed, because on Christmas many of the
revelers soaked the balls in cham
pagne until they were sodden and then
hurled them accurately with the result
that red, blue, green and yellow
splotches were made on the bare backs
and necks of the dancers and many
expensive gowns were ruined.
PRICES FALL, MORE
IDLE, REPORT SHOWS
IDECLINE FOR DECEMBER 85
‘ PER CENT IN COMMODITIES
| PREVIOUSLY AFFECTED.
WASHINGTON, D. C.—Further
decline in prices coupled with increas
ed unemployment accompanied the
country’s continued progress in busi
ness readjustment during December,
according to the monthly review of
general business amd financial condi
tions issued by the federal reserve
board.
The price decline during the month
was placed at 835 per cent by the
board, which added the observation
that the decrease was mainly confin
ed to commodities which had shown
a decline previouely rather than an
extension of price cutting to other in
dustries.
The decline was reported as most
marked in agricultural products, tex
tiles, hides, leather and iron and steel
products, while coal, petroleym, gaso
line, paper, brick and cement remain
ed largely unaffected. Some reductions
were reported in the open market in
the latter group of commodities, the
board said, but contract prices appear
ed to be at the same level as in earlier
months.
Reduced Business Activity.
Reduced business activity, the board
;stated, cut operations in many lines
}from 40 per cent to 75 per cent of nor
mal and brought accompanying un
employment. The shrinking of de
mand, the board reported, also was
responsible for wage cuts running as
high as 25 per cent in some lines.
;- Banking power, on the other hand,
‘was well maintained, the board assert
ed, normal credit accommodation ex
}tended to legitimate business, the re
serve ratio growing stronger and in
‘ter-reserv’e borrowing in part liquida
tion of loans at the member banks be
ginning the board forecast better con
‘ditions. .
Came to U. S. in Locker;
Must Return to France
Girl Who Wanted to Wed Denied Ad
mission to This Country. Fiance
To Face Court.
NORFOLK, Va.—Amelia Arnaud,
who traveled across the Atlantic
from France stowed away in a locker
three feet square, to join her fiance
here, must go home.
Louis Ponticello, whom she came
to wed, was held for the grand jury
today by a United States commission
er aiter he admitted having aided her
illegal entry into the country. The
girl was denied admission. She wds
discovered on the arrival of the steam
er New Windsor, having spent 20 days
in her cramped quarters. ¢
DAWSON, GA., TUESDAY EVENING, JANUARY 11, 1921
THERE'LL BE NO GUT
G. O. P. LEADERS ARE SAID TO
BE SHY OF SECTIONAL IS
SUES AT PRESENT.
MATTER WILL SLUMBER
In Congressional Reapportionment the
South Will Not Lose Members.
Charges of Negroes Before Commit
tee Based Largely on Hearsay.
WASHINGTON, D. C.—Republi
can leaders in reapportionment legisla
tion have given informal assurances to
southern members of the house com
mittee on census that no real attempt
is to be made at this time to reduce
the south’s representation because of
its alleged discrimination against the
negro voter. .
While the census committee during
the past two weeks has heard delega
tions of negroes who demand that the
south’s representation in congress be
reduced, and though Representative
Tinkham, of Massachusetts, is to ap
pear next week and urge an investiga
tion of election methods in the south
ern states, this does not forecast dras
tic action by the committee.
G. O. P. Steps Cautiously.
It is said that democratic members
of the census committee who come
from the southern states have been
privately assured by their republican
colleagues that these hearings are nec
essary to get before the committee
both sides of the negro suffrage ques
tion, but congress does not plan to
pass a reapportionment bill penalizing
the south.
Republican leaders realize this is not
thfi time to dgitate sectional questions.
The G. O. P. in November carried two
southern states and broke into the
“solid south” after a half century of
endeavor. The cliicfs of the party are
too wise at this juncture, and as they
are hoping to make further inroads
in Dixie, to nip the south by cutting its
representation and reviving the race
issue. <
This practically means that the
forthcoming reapportionment bill will
have no provision for reduced south
ern representation and for another 10
years, at least, the representation issue
will slumber. An effort to penalize
the south because of its handling of
the negro question through white pri
maries and other election means un
questionably would bring on -a bitter
and dangerous fight in congress at this
time. The conservative leaders of the
republican party want to let the negro
'suffrage issue rest, permitting each
state to work out its election laws for
the purification of the ballot and the
fair treatment of all classes of voters.
During the week when spokesmen
for the National Association of the
Advancement of Colored People were
before the house committee there was
constant wrangling between southern
members of the committee and negro
witnesses, who preferred wholesale
charges of discrimination against the
negro voter in the south. It developed
that many of these charges were based
on hearsay evidence, and Representa
tive Bee, of Texas; Larsen, of Geor
gia; Aswell ,of Louisiana, and Brin
son, of North Carolina, denied that the
southern states refuse to let the negro
vote simply because he is a negro.
“White Primary” Necessary.
Nevertheless, these members stoutly
defended the necessity of the “white
primary,” which came into operation
about 20 years ago, and was, andis,de
signed to eliminate from local contests
the purchasable vote and the holding
of the balance of power by illiterates
of whatever color.
|
’AFAILURES DURING 1920
| i
WHILE DEFAULTS INCREASE
377 PER CENT LIABILITIES
MORE THAN DOUBLED.
NEW YORK, N. Y—R. G. Dun
& Co.s record of"iailures for 1920,
made public today, showed 8,881 com
mercial failures through the country,
with $295,121,805 in indebtedness, as
against 6,451 failures in 1919 involving
liabilities of $113,291,237.
The increase of 2,430 in number of
commercial insolvencies last year, as
compared with those of 1919, is rela
tively much smaller than the expan
siom of $181,800,000 in liabilities, show
ing the rise in number of {failures to
have-been 37.7 per cent and of indebt
edness, 16.05 per cent, the report said.
Heaviest in Middle Atlantic.
“Geographical analysis of the past
year’s statistics of failures shows a
country-wide trend increase in the bus
ness mortality. The year’s insolvences
are 9.2 per cent larger than those of
1919 in New England; 62.5 per cent
heavier in the middle Atlantic states;
45.4 per cent greater in the south At
lantic states; 44.8 per cent more nu
merous in the south central states and]‘
18 per cent larger in the central east,
while increases of 57.3, 16.2 and 27
per cent respeltively are reported by
the central western, western and Pa
cific states.
RECORDER LANDER, WHO SENTENCED BOYS
"TO GIFTLESS CHRISTMAS, LOSES HIS JOB
WEST ORANGE, N. _J—Police
Recorder John B. Lander, who sen
tenced three mischievous boys to fore
go Christmas presents, then relented,
lost his job today.
The town eouncil named Wilbur
Meeker to the post, although Lander,
in a caucus, had been recommended
for repappointment.
Lander incurred the displeasure of
| l
INDIANAPOLIS, Ind—A war
which threatens to split the sub-deb
society of the Hoosier capital wide
open was on here Saturday night
over the question of whether or not
public school girls shall wear cor
sets to dances and other social func
tions.
The question was brought up
when one girl told her mother she
didn’t want to wear a corset to a
dance because the boys called the
girls who wore them “old iron
sides” and with such—a monnicker
a girl made a beautiful wall flower.
The mother took the proposition
up with Principai Buck of Short
ridge high school. The principal is-:
sued orders that the girls must
wear corsets and that the shimmie,
wiggle and other modérn dances
are barred. .
Girls complied with the orders to
wear corsets, but the high school
faculty learned that at the dance
they were removed and the dress
ing room was piled high with cor
sets.
Principal Buck called for police
women supervision of the dances,
to see that the girls wore their cor
sets. - .
Girls contend they are unable to
do the new dances while wearing
corsets, saying that they restrict
their movements to such an extent
they can not do the new steps.
BITTER FIGHT IS EXPECTED
WHEN EFFORTS ARE MADE
TO BAN CIGARETTES.
The battle over Lady Nicotine is
on in earnest!
Thirty-six states have anti-cigarette
bills before their legislatures.
“Ban smoking!” queries Sonia, New
York's famous cigarette girl, “Pouf!
Pouf!” And she illustrates her expres
sion with a puff, puff, on one of her
own sigarettes. Sonia’'s smoke shop,
in Greenwich Village, is the mecca
for thousands of visitors every year.
“Make the whole country quit
smoking? It can't be dome!” scoffs
Sonia.
On the well-known other hand to
bacco is doomed, according to Dr.
Charles G. Pease, of New York, or
ganizer of the Non-Smokers’ Protec
tive League of America, and author
of many pamphlets on the ill effects
of the tobacco hagt.
| “Tobacco is tb% reatest menace to
America today,” says he. “It will pass
out in- the following order—public
smoking, cigarettes, cigars, chewing
‘tobacco, then in all forms.”
. But Joe Merwin, Cleveland printer,
laughs at any deadliness in his li'l ol’
pipe. He’s 65 years old and boasts he
‘has smoked since has was 15.
. “After 50 years of smoking,” Joe
brags, “I’m still a husky, puffin’ away
every day.”
~ Back of the anti-smoking bills are
‘many of the same forces that support
ed prohibition. The pro-tobacco army
is trying fo enlist members of the
American Legion who “rolled their
own” over there.
IDLENESS IN ONE-HALF LINES
IS THIRTY PER CENT MORE
THAN A YEAR AGO.
Government figures just out covering
the country at large show that, at the
beginning of December this year, em
ployment in more than one-half the
lines was about 30 per cent less than
a year ago. In automobiles, hosiery
and underwear, men’s clothing, leather,
boots and shoes the siump from a
year ago was just 30 per cent. In cot
ton finishing it was 24 per cent, in silk
15 per cent, and in wollen mills 39 per
cent.
Iron dand steel had more employment
than a year ago, when the strike was
on, and car building had about 25 per
cent more men, due to increased work
on the railroads. There appears to be
a feeling among business men that by
early spring there will be a general
turn for the better in the country.
Many Cities Hard Hit.
A roll call of some of the industrial
cities shows that 25,000 out of Cincin
nati’s 100,000 workers are unemploy
ed. Cleveland had 30.4 per cent reduc
tion in its total working force of 225,-
000, and the steel plants in Bethlehem,
Pa., showed a decrease of 6,500 in the
working force of 36,000. In Indianapo
lis 53 metal trade plants showed a de
crease of 42 per cent from July. |
The chamber of commerce report in
Poughkeepsie, N. Y., showed 2,500 un
employed out of 8,000 normally work
ing. Of St. Louis’ normal working
force of 150,000 about 20,000 are now
out of work. Out of 85,000 workers in
Rochester, N. Y., -10,000 are now idle.
In Bridgeport, N. J., out of 45,000
metal trade workers 12,000 are unem
ployed.
West Orange citizens by his sentence
of the trio of mischief makers. He
directed their parents to send them to
bed every night at 6 o'clock for a
month and not to permit them to re
ceive Christmas presents. When peti
tioned to revokeé’the sentence in that it
was too severe Lander announced his
heart had softened, and struck out
that part referring to Christmas.
ALL INDIVIDUALS TO PAY ON
SUMS OVER $l,OOO AND $2,000
AS HERETOFORE.
Congress Prepiring to Pass on to the
Future Generations Greater Bur
den of War Debt. Entire Surtax
Scale to Undergo Revision.
WASHINGTON, D. C.—Sentiment
in the ways and means committee of
the house following recent hearings
the last fortnight indicates the follow
ing line of action on tax revision in
the next congress:
1. Repeal of the excess profits taxes.
2. Rejection of a sales law because
of its unpopularity with consumers.
3. Increase in present 10 per cent
tax on corporation net earnings and
a moderate, possibly graduated, tax
on undistributed earnings.
4. No increase in normal taxes on
individual income, but a reduction of
surtaxes on large incomes and an in
crease in the amount of incomes ex
empted from taxation.
5. New excise taxes and increase in
the tax on such articles as tobacco.
There will be no refunding opera
tions during the coming year. Con
gress will make evident its determi
nation that the burden of the war
debt shall be passed along to future
generations and that the floating debt
shall not be retired from the proceeds
of taxation as rapidly as contemplat
ed by the treasury department, sim
ply by keeping the revenues down to
so low a point that no ‘funds will be
available for this purpose. Extensive
refunding operations will be taken in
1923, when the victory notes mature,
the republican program being to ex
tend the payment of the war debt over
a period of from forty to sixty years,
instead of paying them up in twenty
five years as contemplated by the sec
retary of the treasury department.
Flat Tax on Corperations.
The belief that the substitute for
the excess profits tax will be a flat
tax or net earnings of corporations
plus a moderate tax on undistributed
earnings is gaining strength among
a number of influential members of
the committee. Some have advocated
the present normal tax of 10 per cent
on corporation earnings and the elim
ination of the excess profits tax with
out any tax on undistributed earnings
as a subtitute. Others, including Rep
resentative Fordney, chairman of the
committee, have inclined toward a
flat tax of 15 or 16 per cent as a sub
stitute for all taxes on corporation
earnings. Still others have advocated
only a tax on undistributed earnings
and the payment of the normal tax on
dividends from corporation stock by
the holdérs of the stock, instead of by
the corporation itself, as at pgesent.
No Change on Small Incomes.
It has been estimated by the treas
ury department that a 16 per cent flat
tax on net earnings of corporations
would produce as much revenue as the
present normal tax of 10 per cent plus
the present excess profits tax.
In order, however, that the undis
tributed earnings may not escape tax
ation entirely the probable outcome is
that there will be both a flat tax and
a tax on undistributed earnings. The
present 10 per cent normal tax on cor
poration earnings probably will be: in
creased, possibly to as much as 15 per
cent, and a moderate tax on undis
tributed earnings added.
A tax of 20 per cent on undistribut
ed earnings has been under discussion.
There is not the slightest chance
of any increase in the normal tax on
incomes of individuals, apparently.
Action of this sort would not be rel
ished by the general public and. the
political effect would be injurious to
the republican party. There is consid
erable sentiment for an increase in
the present exemption of $l,OOO for
single persons and $2,000 for those
who are married. The present sur
taxes on large incomes have been gen
erally criticised. It is probable that the
entire scale of surtaxes will be revised.
If this is done there may be increases
in the lower brackets of the surtax
rates.
MEASURE IS CERTAIN OF DE
FEAT IN ITS PRESENT FORM.
OPPOSITION GROWS.
WASHINGTON, D. C.—The tar
iff—that moot and intricate subject
about which so many eventful chap
ters of American political history
have been written—is to engage the
earnest attention of congress again
this week.
The senate finance committee, of
which Senator Penrose of Pennsyl
vania is chairman, is considering the
omnibus tariff bill passed by the house
recently. e
Opposition to the measure by re
publican senators from manufacturing
sections and by democratic senators
from the “solid south,” led by Senators
Underwood of Alabama and Pat Har
rison of Mississippi, has become so
pronounced that its defeat, in its pres
ent form, at least, is freely predicted.
OVER HUNDRED THOUSAND
NEGROES ARE IN CHICAGO
The negro population of Chicago in
creased 65,491 in the last decade and
now is 109,594, the census bureau an
nounces. The percentage of increase
was 148.5. The total white population |
is 2,589,101, an increase of 450,047 or
21 per cent.
. . 6 9
Boiled Rice “Banquet
In New York City Is
Numerously Attended
1,000 Men and Women Each Pay
$l,OOO or More For Relief of
| Europe’s Starving Tots.
' NEW YORK, N. Y.—One thousand
of New York’s men and women of
lwealth paid $l,OOO or more each to
night to sit at a plain board table and
eat boiled rice.
~ “The banquet” was a testimonial ar
ranged by Herbert Hoover, chairman
of the European relief council, of
America’s efforts to succor the 4,500,-
000 starving children of Europe.
The rice, accompanied by white
bread and a cup of cocoa, was the same
as served to starving children at relief
'stations throughout Europe at a cost
of less than 174 cents.
Gen. J. J. Pershing, Mr. Hoover,
John D. Rockefeller, jr., Mrs. August
Belmont and other notables carried
bowls and were first in a line to bei
served. |
A vacant high chair, placed for the
“invisible” guests of honor for the chil-|
dren for whom Hoover’'s campaign of
$35,000,000 was launched, stood at the
head of the speakers’ table. 1
“So long as any person in this na
tion can entertain an automobile he
can entertain ‘an invisible’ guest. There |
are 6,000,000 automobiles and only 4,-
500,000 guests. Since this nation is
spending $1,000,000,000 annually sup
porting automobiles, another billion on
ice cream, cosmetics ‘and chewing gum; |
a few billion more on drinks, tobac
cos and other luxuries, it has not
reached the point of destitution that
warrants refusal to buy happiness and
cheerfulness for this mass of children.”
’
WHEATLEY’S BANK IS
DEPOSITORS WILL BE PAID
IN FULL, AND STOCKHOLD
ERS WILL LOSE LITTLE.
AMERICUS, Ga.—A notice on the
door of the Commercial City Bank
says the institution is in the hands of
the state banking department, and it
is said its affairs will be liquidated.
. Crawford Wheatley, who died un
expectedly from accidental causes,
was president of the bank, which had
a capital paid in of $50,000.
The institution had total liabilities
of $155,350.56 with deposits - subject
to check of $37,753.30 and time de
posits of $13,232.70, and cash on hand
and in bank, as shown by its state
ment as of December 15, 1920, of $6,-
558.68.
Besides Mr. Wheatley the only
other known stockholder is C. S. S.
Horne, who, with Samuel Harrison,
cashier of the institution, and Wheat
ley, constituted the board of directors.
The depositors represent many per
sons, practically all depositors being
small amounts, with the exception of
one Oor two negro insurance organiza
tins, which are said to have had de
posits aggregating $lO,OOO in the bank.
It is asserted that depositors will
be paid in full, and that stockholders,
principally members of the Wheatley
family, will lose very little, if any
thing.
| IN PEWS AT ST. MARK
IRECTOR WELCOMES THEM
AND GIVES THEM BREAK
FAST. MORE THAN 1,000.
NEW YORK, N. Y.—Eight hun
dred homeless and unemployed men
started the new year by sleeping in
the pews of one of New York’s most
historic churches—St. Mark’s in the
Bowery—early today.
The men, part of a crowd of more
than 1,000, met in a Bowery hall on
New Year's eve, and planned to break
into the church for the night’s lodging
if admittance was refused them. But
when they approached the ancient edi
fice in Second avenue they found it
brilliandly illuminated and the rector,
Dr. William Norman Guthrie, waiting
for them with an inviation to come
inside.
When the motley crowd had settled
in the pews Dr. Guthrie addressed
thein saying that while it would be
“worse than a crime” to use a church
for any except religious wuses, no
Christian minister ‘“in his senses”
could refuse an emergency shelter.
‘ “May the churches do their little,”
he said, “to show themselves worthy
of the confidence of the.friendless and
surely the community will not compel
the churches long to lend themselves
to such irregular use.”
Dr. Guthrie then told the men he
had made arrangements to give .them
a substantial breakfast. There was no
disorder and the men listened with re
spectful attention to the clergyman’s
remarks.
St. Mark’s Protesant Episcopal
church, located almost in the heart of
the lower East Side, was organized
in 1791. In a crypt underneath the
church is buried the body of Gov.
Petrus Stuyvesant, one of the Dutch
governors of New York.
'W ilson Resists Plan to
Refund Liberty Bonds
Move Would Tend to Perpetuate War
Debt and Upset Houston Program.
WASHINGTON, D. C.—The Wil
son administration during its remain
ing two months in office will resist all
proposals to improve market prices of
liberty bonds and wvictory notes by re
funding the outstanding issues.
Opposition of the president and his
advisers to practically all suggestions
for government action to refund the
bond wvalues nearer par is based on
the ground that refunding or other
steps -would %end to perpetuate the
war debt and would upset the treas
ury’s program of debt reduction.
THERE'S SUCCESS
AND HAPPINESS
IN CO-OPERATION.
VOL. 39.—N0. 19
,CHANCE TO DELAY REVIVAL
OF CORPORATION BY BALK-
I ING AT APPOINTMENTS.
| PSR
'HOKE SMITH OPTIMISTIC
Georgia Senator Declares Several Eu
l ropean Countries Are* Anxious to
Buy Cotton on Approved Credits.
Delay Is Expected. = -
WASHINGTON, D. C—Now that
ithe house has followed the senate’s
}lead in passing over the president’s
veto the bill to revive the war finance
corporation men like Senator Hoke
iSmith, of Georgia, are saying tonight
‘that the enactment of the bill will
cause ‘“‘rejoicing all over the United
States,” while financial authorities like
Senator Glass, of Virginia, declare it
“an imposture” on the farmers. At thi 3
same time there is in every mind.
questioning as to how the corporation
is to be made to function.
- oThe law provides that it shall have
five directors. At present there are
three—Secretary of the Treasury
Houston and Angus W. McLean and
George R. Cooksey, assistants secre
tary of the treasury. Two must be
appointed by the president and con
firmed by the senate. Presumably he
will appoint friends and probably
democrats. The semate, in control of
the republicans, has refused lately to
tonfirm any of the president’s appoint
ments, except a few congressional
lame-ducks who were approved in
open session, and the plan of the re
publican leader is to make no con
firmation in executive session.
| Two New Directors Named.
The corporation could function with
the three directors it now has, but it
means that one of these is the man
who led the fight against reviving the
corporation and the other two are his
appointees in the treasury department.
It is taken for granted that Mr. Hous
ton, bitterly as he opposed the meas
ure to revive the corporation, will at
tempt to carry out the mandate of
congress in good faith. However, it is
felt here that it will be difficult if not
impossible dor men distrustful and
‘hostile to an undertaking to operate
‘it in the wholehearted manner that the
representatives of the farmers desire. .
So the two additional directors are
needed and the attitude of the repub
lican senator toward confirmation is of
omportance.
Smith Points to Advantages,
“Senator Smith, of Georgia, said that
he knows that the Finnish govern
ment wants to buy 40,000 bales of cot
ton and can give good security; and
that Poland wants 300,000 bales, Cze
cho-Slovakia about the same and
probably Austria the same. But in
each case, he added, there must be’
allowed a long time in which to pay
and he thinks credit can be extended
through the aid of the war finance
corporation. Germany, too, he said,
can give good security for the pur
chase of from 700,000 to 1,000,000
bales.
Senator Glass said that the bill
would do the agricultural interests of
the country no good whatever. He
declared that a measure which aims
to give help to a special class, at the
expense of all the people, is bad in it
self, but that the revival of the war
finance corporation will not do even
that. He thought the failure of pri
vate interests to handle the business
that the war finance corporation is
expected to handle is proof that it can
not be handled with success.
' Two Months’ Delay Expected.
Officials of the war finance corpo
ration said today the corporation
‘would be revived immediately, but
that necessarily time must elapse be
fore the actual making of new loans
would begin. Some of them thought
the time might be two months.
Funds for making the loans must
be raised by a bond issue, it was stat
ed, and other preliminary matters
must be cleaned up. While the corpo
ration has a book balance ~with the
treasury of about $375,000,000, offi
cials said the use of this money for
loan purposes would necessitate the
issuance of treasury certificates of in
debtedness and that an issue of cor
poration bonds probably would be de
cided upon instead.
|
iHAVANA INVADED
lAll Sorts and Descriptions Assemble
There From Three Continents.
The Gay Life. us
' HAVANA.—Havana is completely
“vamped.” Baby vampires, society
vampires, college vampires, adventur
;ess vampires—they’re all here.
. Havana lies in the cross-roads of
‘the sea, and liners have brought these
‘modern sirens from France, Spain,
South America and the United States.
There are blonds and brunets. Yes,
and red heads.
~ Men who once walked New York’s
great white way now parade up and
down the Prado, spending money
freely. Champagne bottles pop.
Roulet wheels spin, rooster fight,
lights burn bright, Ametican jazz
(cirashes forth, and night is turned into
ay. .
Friends who parted on Broadway
meet on the Prado. Havana's slogan
is now “Havananother!” it
The vampire goes where money.
flows. And money flows in Havana.
Here are many mendicants who
benefit by the largess of Americans
whose hearts have warmed with
spirits. e S
“NERVOUS” OYSTERS.
' Qysters are nérvous creatures, and a
sudden shock such as a loud thunder
clap will kill many hundreds of them.