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12 D irEARST'R ST'NDAY AMERICAN’ \TI D \V DECEAIBE 21. 1211. Latest Reports From the World’s Great Markets—Cotton, Grain, Stocks BEST CHRISTMAS GIFTS. DECLARES BJ. FORBES Dividend-Paying Investments Give Increasing Interest as Years Go By and Provide for the Future of Children—Extravagance a Curse. By B. 0. FORBES. Don't you wish they devised Christmas and New Year presents that would make money instead of eost money and prove more or less useless? Wouldn’t it be fine to discover some sort of gift that would earn money every day of the year for the party receiving it? Wouldn't such a souvenir, such a token of friendship, be worth while? Wouldn't it constantly keep the giver in the mind of the recipient as it silently, smoothly, persistently, garnered money and laid it in the lap of its grateful owner? If a gift possessing such qualities and abili ties could be invented, Christmas and New Year giving could become a genuine, lasting blessing. Well, is there such a gift obtainable at a cost not beyond the pocket of mbderate size? Can there be found a present that, while costing less than a king's ransom, will from the moment it is bestowed begin without •tight of trouble or attention to More Facts Bared in Deals of Frisco Road Seven Directors Put Through the Brownsville Pur chase. ST LOUIS MO., Dec 20—In the pe tit Ion filed by the Frisco receiver* ask In* United States Circuit Judge Han* born whether they should file suits against certain Frisco officials and di rectors for restitution of profits alleged to have been made In the now cele brated Brownsville deal, a part of the official record brings to light That the resolution authorizing the purchase of the Brownsville Railroad for $12,500,000 was passed by seven of the thirteen Frisco di rectors a bare quorum- -at a meeting in New York December 1, 1009, all of the seven voting for the deal. That four of the seven directors were Frisco officials and employees subordinate to the chairman of the board, B. F. Yoakum. That Yoakum, James Campbell and the late Edwin Hawley, own ing an aggregate Interest of $711,- 8*3 33 In the Brownsville syndicate which was selling the railroad to the Frisco, and who made an aggre gate profit of $642,000 in the deal, stepped out of the directors' meet ing and thus avoided actually vot ing on the resolution. That on November 14, 1910, nearly a year after the Brownsville deal was made by the directors, a blan ket resolution providing for ths ratification and approved of “all acts of the directors, as recorded In the minutes of their meetings, was voted upon and passed at tne regu lar annual stockholders' meeting •■arn money daily, weekly, month ly, yearly for its possessor, a gift that, if simply deposited in a suitable place, will in time dou ble and triple its original cost without one ounce of effort on the part of its owner? There are such Chrtztmas and New Year gifts. What nre they ? Baby bonds costing about $100 each. Also half-size, or $600, bonds and the full-grown variety worth $1,000. Then, too, there are stocks, stocks of thoroughly sound railroads, public utility corporations, industrial com panies and the like Just think how sensible it would* be to buy your wife, your children, cherished relatives or valued friends In modest circumstances a trust worthy interest-bearing bond or divi dend-paying stock in place of some more or less useless flurngummery. A good bond or stock would not have to be constantly dusted. It would take up no needed air space, would not he in the way, would not become dilapidated; it would not wear out in a year or two No; it could simply be placed in a bank or trust company and allowed to lty there, accumulating interest ordiv- dends, on which newly earned sums the institution would allow you more Interest, so that each year your hank roll would grow thicker and thicker, faster and faster, after the manner of a rolled snowball. Value Would Double. Suppose you were to buy one one- hundred-dollar bond for your baby or other young child and let the In terest accumulate By the time the child finished the primary school the one hundred dollars would have grown into two hundred dollars. Or if you could, by strict economy, repeat the one-hundred-dollar bond gift every Ohrisiinas. think what a nice sum would be lying in the bank ready to put your son ‘>r daughter through college or to give them a • omfortable start in life. I know a man re. elving only a burly good sa .vry. who. realizing the immeasurable benefits of a thorough • duration, lias carefully exercised frugality in order to sh\ e enough to give his sons a college* course, and ,ds method has been to purchase, aft- i-1 the fullest investigation as to safe ly, etc., an attractive bond or stock or each cne Just as often as he could scrape together the necessary funds. And let me tell you that this man s gpp net* is eni abb lit c&rriei i It h itn a -ense of duty well clone, lie kuows in ids heart that he has prac tjeed every reasonable self ?h»* fake of those whom brought into the world. Thought It Out. I thought it all out long ago." he told me the other day when he came io ask me about the merits of cer tain securities. “I saw that if 1 did i ol begin to sa\c right then and keep j p adding a little every month, 1 would not in all probability be abb* Id provide a college education for my boys. So 1 hit upon the plan of In- Nesting in the best securities on their behalf "Monet makes money, you know After a few year- 1 found that 1 was not the only worker for the family. ** “My children’s investments were forking splendidly, making more money every year, of course, as 1 let 1 }jg interest accumulate In the tank until there was enough to make it worth while to take out to help pay i'or another bond or stock. "To-day I feel very comfortable 'The Eldest boy," he added, "is "about to graduate front high school, and there is now enough lying to his t-redit in the bank to put him through .•j <• of the best universities in ths •’oimtry.” Perhaps you will say that YOUR savings are so tina.ll that it would not be worth bothering about buy ing a bond or a stock. "Baby” Bonds Grow Up DESPISE NOT SMALL THINGS. "BABY" BONDS GROW UP IK LEFT UNDISTURBED. THEY MUL TIPLY The important thing is to begin in vesting. The moment you buy a se curity you become a capitalist—Just as sure thing a capitalist as John D Rockefeller or Andrew Carnegie You harness your money. You put your money to work You not only help yourself, but you thus provide the means for developing your coun try’s scarcely scratched resources And let me tell you that the United States needs to-day, more almost than any other material blessing an army of frugal men And women who will contribute their savings to enable more railroads to be built, more land to be cultivated, and so more ma chinery to be provided, more mer chandise to be produced, more textiles to be manufactured, more ships to be built, more parks to be opened in and around cities, more facilities to be created for the health and comfort of the poor everywhere. Saving Spells Progress. Saving—yes. HAVING — Is the foundation on which all such prog ress is based. Unless some people consume less than they earn there can be no surplus, no new capital for any new purpose whatsoever. The citizen who saves is a patriot. The citizen who sinks Into debt through extravagant, riotous living is a curse to his country. Are you not a little more inclined now that you see things in this light to exert yourself to begin saving? Don’t you realize that by so doing yog will better perforin your duty to your beloved country? If you can’t be moved to econ omy by any selfish consideration, will you not respond to the larger appeal of patriotism? 1 have never known a poor per son regret having laid aside money to tide over a rainy day. I have heard many of them be moan. with anguish of soul, their carelessness. their heedlessness, their recklessness, their thriftless ness, after It was all too late. Haven’t you? Would Speak as Prophet. So often have I seen the misery that poverty breeds that I would to heaven that 1 could now speak with the tongue of a prophet that my words might be heeded by thousands ere It be too late. Americans are lamentably behind other nationalities ir» laying aside nest eggs in savings banks. Only one persons in every hundred of our population has a deposit in a savings bank. In Switzerland one of ever) two ot’ the in luil'.mm* savings depositor, while in France, Holland. Germany and England one In every three (in round figures) has « savings account. 1 wonder, too. how many of the i American depositors are aliens? Would you guess one-half? 1 think you would be well within the mark. That would leave only one Amer ican citizen in every 200 a "saver.” Isn’t that disgraceful? Most Extravagant Nation. We are the most extravagant nation on the face of the earth. Most of us indulge in luxuries unknown to nine-tenths of the people in other •nlal for j countries Even those of us who he has I are of the "working class" go in for more costly and more numerous pleasures, clot lies, eatables, vacations, etc., than the corresponding classes of any European land Do wc not love ostentation over much? Are we not too prone to ape those better circumstanced than ourselves? is not envy one of our flagrant national characteristics and curses? Are not our shopgirls, our telephone girls and our stenographers obsessed by the notion that they must immediately copy the clothes of the Vanderbilts, the Goulds, the Asters and other plutocratic families? And do not our $10-a-week clerks and many of our artisans overreach themselves in a silly pride-born de sire to cut the dash of a million aire? , Such foolishness not only costs money, but it squanders time. It leaves too little leisure for mental repose or for mental exertion, too little opportunity for self-culture, too little time for learning the art of liv ing which, after all. is the end we all have in view’. SAVE! SAVE! SAVE! [Thin article will appear also in Hearst’s Magazine and other Hcarst publications.] 800-Mile Railway Is To Be Built in China Special Cable to The American. PEKIN. Dec. 20.—-Negotiations have been concluded by Lord French, rep resenting Paulllng A Co., of London, for financing the construction of 800 miles of railway from Shat-sze, on the Yangtsze River, through Chang Te. Yuan Chow and Kwel Yang to Sing Yl-fu, connecting with the French line to be built from Nanking to Y unan Fu. The contract provides for a branch from Chang Te to Chang Sha. This is the first agreement for con structing a railway In China with the contractor's profit provided for on a I fixed percentage basis. It inaugu rates a definite railway system, with Hankow as the center, advocated by an American, George Bronson Rea, i who also is responsible for the Intro duction of the percentage contract. Gossip Hurts Trade; Merchants Ask Help MILWAUKEE, Dec. SO.—Constantly recurring reports of impending cloo ter to several business houses here, in cluding one bank, drove merchants af fected to appeal to the District Attor ney for warrants under the new State anti-gossip law. One department store was said to have suffered a loss of $25,- 000 in volume of business. The District Attorney convinced the complainants that to Issue warrants would be only to give additional publici ty to the reports, and Instead, issued a public warning. Gold of Yukon Goes To Big Corporations EDMONTON, ALTA, Dec. 20.— More than $6,000,000 In gold was taken out, chiefly by the Guggenheim#* and the Boyles, operating in the Yukon, according to Dr. Alfred Thompson. M. P The production of gold by individ ual miners was comparatively a neg ligible quantity,” Dr. Thompson add- ed “Most of the gold was taken out by dredges, the two big companies ea:h operating four mammoth dig ger*. Two of the dredges operating on the Boyle concession are among the largest in the world” World Has Been on a Debauch, Says Kahn new YORK, Dec. 20. —Otto H. Kahn, of Kuhn. Loeb & Ctx, sees the situation thus; “The world has been on a debauch, financially and commercially. But the United States, being more naturally re sourceful than the European countries, will be the first to recover. ‘Our present dullness will therefore turn for the better. It is only a ques tion of time. “The currency bill, even if materially modified, will not be wholly satisfactory to banker**.. and certainly can not meet the approval of financiers who lav stress on scientific methods of finance Net It will do more good than harm; that Is. In the balance It must prove beneficial. Wells-Fargo Co. Head Denies Huerta Loan NEW YORK. Dec. 20 R D. Caldwell, president of the Wells-Fargo Compaq v. announced yesterday that he had Issued explicit directions that no efforts he made to get concessions from the Mexi can Government, and that n.> money be loaned the Huerta administration. A report said his company had loaneA $375,000 in gold to the Mexican Govern? inent Indeed, despite Mr. Caldwell’s denial, belief prevails in the financial <ii- t that the company did loan money, and it was pointed out that Mr. Caldwell’s statement did not deny that the com pany had given money to Huerta Is Business Poor? Buy a Barometer BOSTON. Dec 20—Business men should conduct their affairs on the ad- . vice of the barometer, according to Dr. Colin R Scott, professor of psychology in the Boston Normal School “When the barometer is high.” says Dr. Soott "pulses are high and there is activity everywhere In April. May, June and July, when the pressure is low there are more violent crimes house breakings anl murders Also there are more suicides This is because of the depression caused by the low pressure.** Dr Scott’s theory is that merchant* should take advantage of the activity of the people to make their best offerings West Friendly, Says Rock Island Head CHICAGO, Dec. 20. -H U. Madge, president of the Chicago. Rock Island and Pacific, said yesterday sentiment in the West seemed more promising for htgher freight rates. “Commercial organizations.” he sal** •'are going on record in favor of higher rates to railroads for moving freight " He added the Rock Island had cur tailed unprofitable passenger train service, and that if business continues to s'acken other reductions will be made He calls prospects for next year very good. 01 PRODUCERS Bears May Be Checked by Grad ual Marketing of Unsold Crop. Spot Business Small. S3 Cents for Eggs Just Right, Expert Figures U. S. Department of Justice Traces Product From Farm to City Tables. MEMPHIS, Dec. 20.—“Will the pro ducer of cotton, through a gradual marketing of t*i,e unsold part of the crop and a refusal to be Intimidated into selling, in line with lower contract prices, be more pow erful, or will the professional specu lative trader and bear prove so?” is a very important question now fac ing the trade. The bears have made progress the past week This has resulted in the shaking out of a lot of cotton “longs” who IumJ held on through the protracted dullness preceding the Government ginning report and quantitative esti mate of the year's growth, disregard ing the clamor about business get ting bad and promising to become worse. They were assisted In this policy of hanging on by the continued bullish' ness of statistics as to movement of the crop from plantation to market and thence to the mills. The best es timates as to probable consumption for the year were that the total would be well above the bearish ideas on the crop, and the rapidity with which the consumers had been taking the raw material, at prices admittedly high, encouraged the idea that bears were not likely to try to force values down very far below 13 cents. Bears Show Activity. But Just as soon as the Govern ment estimate came, generally re garded as quite bullish, there was en larged activity on the part of the bears, and results indicate that they have met with no very strong re sistance in pushing values downward The pessimistic feeling as to general business that has pervaded the stock market for so long J>ecame prominent in the arguments of the cotton mar ket, and It has had restraining influ ence on prospective buyers of the ac tual. The movement in the belt has held up well, and ginning during the flrst half of this month has been larger than bulls expected, tending to throw discredit on the accuracy of the official estimate on yield. Tl$e private bureau flgureg on the amount ginned to December 13 showed an excess of something over 100,00^ bales for the period, as com pared with last year, which naturally encouraged the waiting attitude on the part of the spinners That has been on* of the chief Influences for lower speculative rates, as the trade has assumed all the while that there would be confirmation from the cen sus department. Holders Not Alarmed. When the speculative market dis played 1 ts weakness, the break ex tending over $3 a bale before there was serious interruption thereto, at tention naturally turned to see what affect It would have on the spot de partment, as the moderate buying of spinners for a period of several weeks had caused an accumulation at some centers. There was an absence of evi dence that holders were alarrhed. and a significant lack of pressure from banks, despite the fact that the bears on one day had it reported that sales were being forced at spot markets in the belt because of loans on cotton being called by banks. Quotations were reduced some what, though it did not always mean that holders were willing to accept lower prices for their cotton. In many directions there was simply a with drawal from the market, such having been the case here, where stock was larger than at any city in the belt, except at two of the ports. The inde pendent attitude of the holders re flected their financial strength, for they had sold atlarge portion of their crop at big nrlces, and banks had ^rys money advanced on the rest than usual. Stock here has reached about 250,000 hales, the previous high rec ord having been 234.000 bales In Jan uary. 1911. yet the banks have not encouraged selling or called any loans. Soot Business Small Business in spots has been small, but one reason is that offers were light. There has been talk of low- grades pressing on the market apd of liberal concess ons in prices on such but the extent thereof is believed to be comparatively small. The feeling among those who refuse to accept the bearish point of view, although not helping to support the market, is that the be.vs are being misled by the ginning figures as to the size of the ( (Top and that they will begin to re.il. j ize it when the January report comes They also believe that there will be abundant derpand for every bale of i the present crou before the next one is available. NEW YORK. Dec. 20.—The various Items entering into the cost of cold storage eggs from the time farmers in the Mississippi and Missouri valleys got 16 cents a dozen for them last spring until the eggs reached the consumer’s kitchen this winter have been figured out for R. W. Joyce, a co4d storage investigator of the De partment of Justice, as follows: Hucksters cr freight cost. 1-2 cent; cases and fillers, 3-4 cent; repacking loss in breakage and overhead charges, 8-4 cent; freight and cart age. 2 cents; carrying charges, cold storage (including interest and insur ance, six to eight months). 2 cents; jobbers, labor, loss In repacking and overhead charges, 2 1-2 cents, making the egg» cost, without profit to the Western packer and to the Eastern receiver or jobber, 24 1-2 cents a dozen. To this amount must be added 1 cent for profit to the packer, 1 cent for the receiver and 3 cents for the Jobber. These figures make the price, with normal profits to the wholesaler. 29 1-2 cents a dozen. Aft er giving these figures, Dr. Droste, the expert w'ho compiled them, said: “The retailer must average 15 per cent profit to exist. In the flush sea son of March, April, May and June he scarcely averages 5 per cent. In the winter months he must get from 25 to 30 per cent to strike his average He makes that on his high-priced sales. On the low-priced, even in winter, he makes a very meager profit. Best Eggs Always Scarce. The well-to-do pay him well—if they do pay—and the poor or the sensible buyers can get good values at moderate prices if they are not too proud to be satisfied with something that is not called ‘the best.' Really new-laid eggs are always short and bring high prices except when all eggs are new’ laid, as In the flush of April and May. "The most unsatisfactory eggs are the ‘country held,’ held by the farmer, the storekeeper, the country packer. , A large percentage is of this class, far 4 in exoens in the total aggregate of the much-talked-of ‘cold storage eggs.’ These ‘held fresh' come to the receiver mixed with new’ eggs and are more difficult to divide Into grades than cold storage eggs. Blame* Farmer's Cellar. "The ‘rots and spots’ and weak eggs are bred mainly In the farmer's cellar or bam, In the country store, in the shippers’ little warehouse. When they are found in cold storage it Is because they w’ere In this condition before they were stored. "The spring cost, 16 cents on the farm, has really nothing to do with the value In the winter. That value depends upon conditions then pre vailing If the fall production Is large and consumption is small, then values go to smash and the 24 f-2 cents cost stock is sold at a loss. A year ago the loss was 5 to 8 cents a dozen. If fall production is light and consumption is large, then the 24 1-2 cents, and higher if the demand con tinues and if the high prices fail to draw Increasing supplies from other centers or the production is nothing. 16 Cents Firzt Price. "We have now the country cost, 16 cents to the farmer, and the city re tail price, 33 cents, with normal prof its to the handlers. If the retail price Is less, then the normal profits have to be cut to that extent. If the de mand and supply do not sustain these values prices go down and dealers’ profits disappear or become losses and the consumer benefits. If the demand outruns the supply the deal ers’ profits increase and the con sumer pays the Increase. The farm er’s net result remains fixed from the start, as does the profit of the case manufacturer, the huckster, the rail roads and all the labor engaged in the transaction.” Sees No Combination. Mr. Droste says there Is no busi ness in which competition is keener, and there is not a vestige of combi nation anywhere. Every dealer tries to take the business of the other away and the retailer tries to drive his op ponent out of business. He declares that the wholesale merchants can rarely show an average gross profit of 6 per cent on sales, including even the years w’hen fortune favors them In speculative ventures, and the small retail grocer who can pay his debts is the exception. Alaska Railroad Is Sold at Junk Price Unable to Get Patents, Coal Men Find No Use for Eight- Mile Line. A CHEERFUL XMAS Is there anything so cheerful for a Xmas gift as a Singing Bird? We have a number of guaranteed Singing Canaries at $2.75. Cages from 50c up. j. c. mcmillan, jr., seed co. 23 S. Broad St Main 940 I Why Not Give Shoes or Slippers tor Christmas Presents? "The Shoe of the Hour.” Cut or Dull Steel Buckle Colonials. $5, $6, $7, $8. WE SUGGEST FELT SLIPPERS FOR GRANDMOTHER — The days, weeks and even months, following Christmas that a pair of soft, warm slippers would bring you most forcibly and pleasantly into her thoughts, when she slips on the "comfy” slippers that grandson or granddaughter gave her, will far excel the little momentary pleasure she might get from a beautiful piece of jewelry or bric-a-brac that cost ten times more. FOR MOTHER—And when it comes to mother, especially, who skimps and saves and does without in order that daughters may have satin party slip pers, don’t you know that a good styl ish, satisfactory shoe, which we can Comfy Slippers $1.50 All Colors Oil Subsidiaries Admitted to Curb NEW YORK, Dec. 20.—Members of the Board of Representatives of the New York Curb Market Association at a spirited meeting adopted a resolution admitting the former subsidiaries of the Standard Oil Company of New Jersey to quotation. The bourd almost came to a dead lock. the number «»f approving votes exceeding the opposition by only one. Following is the resolution: "Resolved. That \1W subsidiaries of the Standard Oil Company, so-called, be admitted to quotation on account of the volume Of transactions, and for the rea son that, in the opinion of this board, the public is entitled to such quota tions. and that the quotations of the total sales, with the high, low and last, be printed in a place by themselves under the heading ’Standard OU stocks.’ ” Standard Oil Pays High for Competitor CHEYENNE. WYo., Dec. 26.—The Standard Oil Company. operating through a subsidiary organization, has taken over the interests of the Wvo- ming-Montana Oil Company in the Big I Horn Basin. The price paid is reported to be $2.- I 000.000 for 8.000 acre* of land, half a - dozen producing wells near Greybuil, a 1 short pipe line between Greybuil and j Byron and a small retinery at the lat- i tar place. sell you for $4.00 or $5.00, would be greatly preferred, even though the shoes cost one-half as much, to the useless though pretty things they usually get. FOR YOUNG LADIES—The really beautiful slipper buckles of cut steel and rhinestone and the new and most popular tango sets, ranging from $1.00 to $10.00 a pair or set, these would be exceptionally thoughtful and valuable presents for fiance, platonic friend or sister or cousin, as the case may be. Be assured of one thing, if you come to Allen’s and buy anything at all for feminine friends or members of the family, the name “ALLEN” will add that satisfied feeling of correctness which no mere man can diagnose, and then, too, our liberal exchange or refund policy, after the holidays, will take care of any mistake as to size or appropriateness. r OR SOCIETY GIRL OR DEBUTANTE—A beautiful pair of evening slippers of cloth of gold or silver satin, bronze kid, patent leather or dull kid, with the buckles that are almost too beautiful to be l m t on shoes, even though the size did not happen to be just right, would represent correct footwear that can easily be exchanged for the proper size any day after Christmas. If shoes are not wanted or needed, anything in this vast store full of feminine finery can be se lected instead, and this might to solve the problem for many men of what to give. \\ e have helpful, ex, i l ienced salespeople, seven of them young men and two of them young women, >e glad to give you their assistance. who will l All kinds of Felt Romeos, Comfys and Boudoir Slip pers, $1.00 to $5.00 a pair. Come down and talk it over with Mr. Bean, Mr. Brandon, Mr. Shellnut, Mr. Mathes, Mr. Hadaway, Mr. Turnip seed, Mr. Perry or the young ladies, and maybe we can solve the problem for you that is causing troublesome thought— what to give. AND THEN THE CHILDREN— When it comes to children’s footwear we have some of the prettiest felt slippers at $1.50 and $1.75 Romeos and Comfys and Bootees, and even the little kid boudoir slippers as small as 5’s, 6’s and 7’s at $1.00 a pair that will save those little tired feet from running along on cold floors, and therefore combine utility with beauty and originality. One little fellow we know of got a pair of slippers last Christmas and he thought so much of them that he put them under his pillow ever}’ night. Do you think you could get anything for $1.50 that would cause you to be remem bered more pleasantly? J. P. ALLEN & CO, NOTICE SEATTLE, Dec. 20.—With engine*, cars, rails and machinery for & rail road aboard, the freighter Jeanle, of the Alaska Coast Company, Is steam ing for Seattle, The rolltng stock and other equipment are the property of the McAlpin Coal Mining Company, organized In 1904 for operation of « distance of about eight miles In open ing coal mines near the Wharf prop- ertles In the Seldovla district and on Kachemak Bay. The builders of the road were not able to get patents to their coal claims, and after eight or nine years’ delay have abandoned the little rail road and sold the equipment as Junk. If yon have any difficulty in buyli Sunday American anywhere In the S -Irculatlon Manager. Hearst’s Sunday Atlanta, Ga. VOL. 1. NO. 38. House Refuses to Concur in the Senate Amendments to the Bill, and an Agreement Is Consid ered Remote by Senator Glass. Representative Hardwick of Geor gia Balks and Insists That the Lower Body Appoint as Many Conferees as the Upper Branch. WASHINGTON, Dec. 20.—The House to-day refused to concur in the Senate amendments to the cur rency bill and ordered the measure sent to conference. The first roll call on a resolution to concur showed its rejection by a vote of 265 to 57. The calling of the roll •..for the second time to catch those who failed to answer on the first call i was ordered. fj The second roll call brought a vote I of 294 to 59 against the motion of 1 Representative Murray, of Oklahoma. This was the final roll call. When the bill, fresh from last flight’s victory in the Senate, was laid before the House, Chairman Glass, of the House Conference Com mittee, moved at once that the House disagree to all Senate amendments and send the currency bill to confer ence. Glass Pessimistic. Minority Leader Mann asked Glass about the prospects for an Immediate agreement in conference. Glass re plied: “I say frankly I do not see any chance for an immediate agreement.” 1 "You do not think you will be able to report back to the House late to day?" asked Mann. 4 T certainly do not,” replied Glass, who resents the action of the Senate In appointing so many conferees on th© bill. Glass wanted only three conferees named by each body, and asserted that with practically the full membership of the two Banking and Currency Committees acting as con freres the conference will resemble a town meeting. Hardwick Balks. Representative Austin, of Tennes see, moved that the House agree to the Senate amendments immediately His motion was ruled out of order. Glass sought to argue with Repre sentative Hardwick, of Georgia, who insisted that the House appoint as many conferees as the Senate had done. Hardwick said he never would give his consent to the House ap pointing but three. Glass replied that Hardwick’s con sent was not absolutely necessary and that the members of the House Con ference Committee all were agreed as to their policy. He added that they wanted to go home as soon as pos sible. Majority Leader Underwood tried to convince Hardwick that he should agree to the motion which would send the bill to conference, and later fight out th© question as to how many hconferees should t>e named. Prepares for Vote. Underwood finally obtained unani mous consent to take the bill from de Speaker’s table and consider it, and Representative Murray, of Okla homa, made the motion that instead of disagreeing to the Senate amend ments the House should concur in ^hern, taking the bill as it came over Tom the upper body. Before Representative Murray’s motion to concur could be put, it was necessary to read the entire bill as it l me from the Senate, Mr. Mann demanding that all of the amend ments be read. The-clerk accordingly the long task of reading the bill, Ke Taxes Bachelors 54 For Christmas Tree cul fin* ow tha ful the nei 1 Th- ma lat< by his A gra ter, the clai cir< clu: sor 1 nev rec Job int< ter< 1 o ful des Th< con Cal T to mo prii bas sue poll Its pap nev of I has staj any V Pos dail mof Id N is c ers, has afte Alp lear disr ‘‘is and rooi as t nor Re N olas of 1 thee day Reic orig Bist paid by I C< pre\ Reic her u. 51-53 Whitehall ANNISTON, Dec. 20.—The Rev. ' n D* Wing, w’ho recently came to Anniston from Atlanta to take charge Grace Episcopal Church, has * 0,J kht the .Atlanta spirit with him. ' ' working up a municipal Christ- T i s tree and proposes to tax every i " “ bachelor in Anniston $1 fof the * Ucp e*s of the charity. Anniston’s bachelor Mayor, Dr. J. • ^ ikle, may play Santa Claus.