Newspaper Page Text
THE EVENING WORLD, MONDAY, JANUARY 23, 1922.
When powerful speculntlvo pools In
the stock market fall out II In tlmo for
tho general run of trader to beware.
And tlio main reason for llio spccula
Ijyo orgy ( now liolng oarrleil on Is
thit various big cliques are endeavor
ing to' got' n financial strnnglc-hold
On theft opponents.
These pools uro ngnln nblo to gamble
yht . with blue chips. Vuv the Inst scv
Tf rrnl years they have had nothing hut
if; K i ..lav wiili. tifinc In
g .1, , possession of blue chips' they have
muilo tho stakes high, and arc play
i tng with reckless disregard of con-
r- 19 aTho blue chips wero furnished
T. shoitly atter the turn of tho year
J M'iien banks lowered the rates for
?. Mil money because of a heavy Increase
! In the supply. With money available
.for purposes of stock speculation In
greater supply than at any time since
1517, the speculative campaign got
Without duration theie was a
sound basis for starting a rising tnnr-
tfrfi'McU To name only a very few fnc-
the market was in n thoroughly
initiated condition, there had boon
Improvement In Kutnpenn con-
j, dltlons, Including the settlement of
ft,M , the Irish question, foieign exchange
!V' rates had had a perpendicular rltse,
rtftti'the Anns Conference outcomo wus
! ' more favorable than expected, lending
I trt It did to tho Four Power Treaty,
"n'most 0f tj,n vexing labor problems had
been settled, and the most Important
' '. . remaining ono of these, tho railroad
lubor question, probably soon will lio
settled. 'Then, there lias lieen dis
tinct Improvement In business condi
tions, railroads have been ablo to get
n better grip on expenses and are now
nblo to satisfactorily finance them
selves'. And nqjdo from the Improve
ment In finance and business Wall
Street looks forward to highly con-
ystructivo legislation at Washington.
It. Hat son.
i" " vast
Hut there has been no legitimate
f-tinsls for tho speculative frenzy now
.jjhelng. displayed. Wall Street hanks
? a find linkers know this and aro trying
"J? to check It by taking away the blue
IJP "chips of the gambleis. Late last wnk
v tho renewal" rate for money rcpay
able on demand was raised to " per
cent., there was a raise In tho open
rmarket rate for acceptances, nnj
tAMqnnney repayable at fixed dates was
Wrtvralspcl from IH to 4 51 per cent.
tho company more than thiee yeai"
ago It has not, according to Its pnii
I'shetl statements, turned out a ton of
Pnlshrd steel. For tho fiscal yi.v
closed Deo. 31 last, It showed a defi
cit. It Is truo that tho company has
tn Iron oro reserve of approximately
100,000,000 tons, but thoro Is nothing
to wnrnint such bull speculation u:i Is
taking placo In tho stock at tho prK
Quito recently a party of piomlneni
I ankers and market operators mid
an Inspection of thpVharton t..,l
properties, which tho Ueplogle .itil
Companies took over, but thine Is no
warrant at the present tlmo Tor sup
posing that tho Ilcploglo Company
will lie Included In the proposed Fieri
' Kor that matter It Is difficult o
I'guro out how tho proposed steel
merger cnii bo used as a bull itij.ii
tr.cnt on steel slocks. Lot It In- boine
In mind that If tho proposed const li
datlon Is carried out.theio will not Im
uii tnllation of steel securities: that Is,
lucre cnniiot Ixi any water Injected
into the slock of tho new consolidated
company that is "planned. If the pio
josrd consolidation Is carried mil
there will simply bo an exchange of
m-emltles of companies it Is pioji.isil
to put Into tho merget for securities
-f the proposed consolidated cimiiui.y.
The same is truo of sugar securities.
When it was made known that a ciii
solidatlon of certain siitfar compana-s
was planned sugar stocks were run up
very sharply. Hut If tho proposi 1
sugar merger Is consummated ,th.- o
v 111 simply lie an exchange of secur
ties and there will not lio n "melon '
cutting for any of tho stockholder n
ol the companies concerned.
A mora logicjit reason for tho an
'iinco In sugar stocks Is to bn lo in 1
m the Improvement In tho sugar inai -lift.
HARVARD'S STUDENTS ARE
'OFF THE STUFF,' SAYS DEAN
Tliry Di.n't 1'iiU flu- Hoy lull
1'riinka of Tore, Tliniticli
CA.limiD(:i:. Jlsss., Jan. an. Har
vard students havo drunk less al
coholic liquor and fewer drink It to
excess than over before. Is tho Jec-
la ration made by Ucan Henry A.
.These Increased rates camo on top Yeomans ot Harvard Collego In Ills
m a genera! jieservo aiemu.u , n tQ rrchIdelt LoWo.
that was tho strongest that lias been , ,
seen In more than four vcars. Hanks' BcemH oIcnr" II0 suyt'' ",!-t-
f.' fVuhave" adopted n policy of paying nit Irrespective or tho effects of tho war,
u their rediscounts ot tlio Federal Ho- thcfituilont body as a whole Is more
rcsponslblo and moro scnsinie or its
Although the collarist! In tho nricc.
. of 'OuIf .'tales Steel followed closely
, ,on tho official announcement pul
llsbcd ,on Wall Htrect' ' news tlck
y. ohl.Hvitrt Jfcnry Ford Is not and
.niiB'-jioi iieeu eniieavouig 10 so
contiol or tho company, fie
, .ithQ; lime -being, take euro of. As a
.mailer oi juci inc uuniai uy nenry
that he was seeking control of
States Steel was published In
,Wcstorn jiapcrn early lust week. AnJ
,",jp the light of tho violent advance In
Gulf'.States, It Is Interesting to note
" ihat In 19A, the company operated at
deficit, and at tho close of tho year
'the company's plants were entirely
01 closed down. To -go on tho assump
i tloji that the company will go In ia
. ,bruik In tho stock wtui dti
j. scilfnjfwhlch tho pool could nci
' 41. II 1 . -.1
. . . ,nuitte
obligations to the community thnn It
wasttwenty or oven ten years ago.
This attitude is rcllected In general
conduct. Uoylsh prnnks common
tv.cnty-flvo years ago have, at least
for tho tlmo, almost wholly disap
peared. Though 'younger In years
tho students aro older In habits of
Ailumi Ihpti-Mj. KM '''J'l
Ailv Hiiniply pf.. wlIU "1
AJn ItuMi-r .... "U
Al&x fliilibir rt. IH l'
Alak,i (lol'l .... S
.MikA .lunffiil... V
Allln-Clinlincm .. 4111
Am Ar Clidn... .12 M "!-'V4
Am llift Sugar., .til's M
Am Tun V-tV, MVi
Am Onti rf im?l
Am Or & I'liiin. HI HI
Am Collou Oil... Sin L'lVi
Am Diuk PnU.. I.U Oti
Am i:xircKii .... 1 SI 1.11
A In lllilil Ir l.mlh I.1H l.'IH
Am I lull i t, pf MV 2
Am lie -SI M
Am I"' pf I'i " ,
Ahi InlctnnlliiiiB 40i I0'i'
Am l.lci'.od (ill.. :il SI
Am l.ii(-oiiif,ll'.. 1014 10.H1
A.lll-d C'liMti .. . rH ZS
Vm Hnfi-I) ll.lBijr 1 ia
Am Ship fiim. Mi
Am Km t- lli-f... ITii 4IH
Am Klii I I'fcun . .1.1 :Xi
Am RupHr Hi fitU
Am Hum Tiilmno .'IS
Am T.-l & Tel.... HT'i t'V,
Am Tobacco ... 1.13 IU'1
Ali Toll ctn 11.... I.OT'4 laili
Am t.u l iniiti.. US i '
Am Wool (! rill
Am Klnr tl 1 Hi
Allltrullil.'l ... . .''U'.i r.l) i
Awi Hiy noud. M rl
All hlfiin lly .. . UIU IH'.l
AMiHoii Ity pf.. ill M
All lllrm H All .. 1U U.
All liulf W I.. i'.y, l!ll.
At in iitie miu . .. ;p-j :iu
ll'ildMtn l,nro ... HH4 !I7',4
Mull ti Ohio .... mi .'I Mi
Hull Ohio pf . r.P.S Mil
Hull Hlii l r.'i M
ll. l'l Cli'cl II . . . K,', ll-i
lloolh riihcrlra . . I'.". 'U
II It T U'.i I'H'i
II It T ctfi.... I".
Ilulli' Cop t- Zinc li'4 U
Until' A Stipi'iloi. 2114 Ef!i
j lui ii.i i.i! Co ... iii ni
liarnwlilo II . .. :'U 2U
inlll 1'iirkliii; "U(k '()!
ri.lunut A. Ail;:.. Mi III
Cniindlun l'ni'lfli'. v:i ll'l
lrfiitial l.i'Mhi'1.. .I2H .'I2l
Ci'iitml Lcalli pf. fi'l I'll
ctii Do Pnnio.. 3.Hi .'l."Vl
Chundli r Motors., tin tin
riics i. niilo r.i, m:
CM & Allon Ity.. 2Vj
( M & HI I' llli. in
D m s si v pf.. :uvi
Chic II I A I'nr. Sll.
cm tr; in' pf hi'.;
Clue C.nal WckI. (I'i
Chile Copper ... IS
rhino Copper ... 28
rnietl ft l'ciibody 4NV4
Col I'ui'l ( Iron..' x27
Col tins & Kin'., lis
UoluniMn (Inipho. I'i
C. mil Tab & Hoc USVi
t'omiol Textile ... U'li
Con In-Cnl Mill.. tH
Colli Call 6nV4
CumIcii Oil Ill'i
Corn Troducta .. IIS"
Urucllil filed .. t.O
Cruiildo Still pf. H2
Culm Cane fug.ir H'4
Cub Canu Hue pf 2'."i
Culian Amer, Bur. Ii;
l'alHon Cheinlcal r.34
Kiiillcotl-Johu ... 81
ratiiou.i Wayers.. "81-4
nK llubln r 12 1;
l''leepoil Texan... 12U
(ill) Asphalt 08TI
(leu Anplialt pf.,. 112 ,
C.eneral Mlertrlc. Hit!
TO CONTROL USE OF DRUGS.
. tnqrger or Independent Htcel com-
, , pahles at anything Ilka $80 a share Is
I t To .take .up the caso of Kcplo&lc
"'steel, which lias becomo a football of
.""peculation, it IS Interesting to
'Voto that since tho Incorporation of
(lopoo tn U)e)
hu purchtud the tmtinni, mxchintry,
patcnti, tndc mirks, trade name and
good will of the
Adding Machine Co.
(13,000 in Uit)
The Monotype Company will manu
facture allmoiieU of the Uarrett Add
ing, lilting and Calculating Machine
in it own factory and distribute them
through the Monotype organization,
Lanston Monotype Machine Co.
JANUAJIV 1. 118
I'ropoactl Otntiit Wmilil l'ru life
r,rilel I.riflttlntliin to Till Mini.
Tho New York Stnle rinr Association
will, through Its I'resldcnl, AVilllnni n.
Cliithrle, co-operato with the Nurcollo
Drug Control Lcaguo In the Immediate
presentation of a statute for enactment
by tho Legislature. There is 116 law
low controlling tho uso of eoeulne.
'troln and morphine.
Tho lcaguo has been nrouseil by tho
crimes of drug addicts, and thu statis
tics of prisons, which show 011 Incrcnso
of 110 per cent. In drug addicts sen
tenced to Sing Slug In 1D20 over tho
previous year and of 510 per cent. In
1921 over 1S20.
Thoso Interested plan to urupaio a
statuto which shall be a model for all
the States In controlling possession' of
such drugs. When thu Department of
Narcotic Drug Control was abolished
for economy's Siike. the laws operating
for control of hablt-fornilng drugs lo
camn Inoperative, and tlio Legislature
fulled to ennct substitute legislation.
Ilray & Davis....
Ureal Northern pf
Uieat Nor Oro...
Cult StRtea hllet'l.
llasl.cll & llurkei.
Houston Oil ....
1'upp Motors ...
llomesttiko Mln ,
, 1 1 ler U0111 Col p..
I hit Cons Coip pf
lnt AKr Corp pf.
1 Inter Motor
i Inter Pajitir
I lot Mer Mar
, lot Mer Mar pf
Inter Nickel ....
InUnclblu Oil ...
ion Products ...
ewe I Tea pf
Kansas City 80..
Keystono Tiro ...
invents r,ii"n Pitnsniivnit.
Emanuel M. UulnnH. a native of
Orcccis but for fifteen yoars a resident
of this country and a citizen, has In
vented a lira preserver. It consists of
a combined cork Jacket and helmet and
U designed not only to bold Um user In
on upright position but to keep the
A-ator nway from his fiend, in a rough
sir. The helmet, which is water tight
Is supplied with air by a tabu which
keeps out tho water. Galnnls has filed
application for a patent. Ho ha test
ed the device off tho Battery.
BANKING AND FINANCIAL.
BANKING AND FINANCIAL.
You want facts
The successful trader is
concerned with facts - the
latest news, the trend of the
market, expected develop
ments, active stocks and
bonds, the dividend payer?,
the price range. '
The busy man wants selected
information, the essentials of
important matters, concisely
told, quickly digestible.
That is the function of the
nized authority on New York
Curb Market stocks - the
only publication of its kind.
Thlf illuitrated 12-page weekly review ti a
feature of the brokerage service rendered by
Jonei c Baker, "inorrnarion hcadquanen" for
New York Curb Market itockj.
Send for a copy
New York Office
SO Broad Street
Tel. Broad 7150
fflS Fifth Aranuc
TcL Mix. Hill 7120
Zlf Fifth Avcnu
. T.LlUuiSq. U77
Jones &. Baker
Member! New j'otk Curb Market
Direct Prlvat Wlrtt
Nfw Tlk Cblcirs lottos fblUdcltlla
rhuawia Dcll.il Biluiaiio cltxlui
Ue Itul Sc Tiro.. 'MVi
I-.IiIrIi Valley ... r.'.lli
Iiew's, luo 134
Loft, luo 11
Iiuts & Nasi 113
Manatl Suear. ... .10
Man Klovated .... 7
Martin Parry ...
Melntyre P Mines
N.lainl (ojiper ...
Molilln States Oil.
VldvalH Rtecl ...
Mo, Knn A Tex..
Vulllns Hotly ....
Nnt l.'pnni & Blp.
NHtionai L.eaa ..
Nevada Consol ..
N V Central ....
N Y Dock
M Y, N If It.,
1 Y, Out & W...
CAl.ilioma P & It.
Penn It n
lnn Sealioard Bt
Peoplo's Gns ...
Pern Maiiinetto .
lerro Arrow ...
I'ltrce Arrow pf.
Piillnian tlonipany 112
Punla Alec Buiiar JKIi
lure Oil 33 li
Pub Scrv of N .1. 77
Produers & ltetln 27,i
Hall Kt Hprlnga..
Itny Copper ....
lleadlui: 1st pf...
lloaillnK 2d p(...
rteploKle Bteul ..
Itep Iron & Btwl
Itojal Inileh N Y
St 1. 4. Pan l'rail
Bunli Air Line...
bineca coptiei, .
Bhell T TK
Bouth lly pf
Bland O ot N J.,
3 O of N J pf...
1(7 V. ,
I 14 '
OPen. Ill til. Low. Las'
Submarine Mont.. 14 4 4
Tex (lult L Bulp. 42 42 41V 4I4
Tenn Cop A t'll.. Ill 10 10 10
Tox Conipnny 43 M 45Vi 4l?i 4.1
Tea 6 I 'no Coal.. 24 21 114 21
Third Ave ....... 17 10 1714 1H
Tobacco Prod .... 01 01 ill ol'Xi
Tinnaeon Oil .... 10 10 10 10
Union OH IH',4 1H 10 IH'i
tildos Pacific .... 120 120 12014 120
tlnlted DniB 71 H 71 "t 71
fliltid rrult .... 12S',4 128 127 12
United I'oul Prod 7 7 7 7
tj H inv Co Pf.. 22 22 22 22
i;i, iii tail Btores. r.r, r,.i r.5 r.o
U B () I Pipe.... 20 20 20 20
u B c 1 Pipe pf. r,u no my. Mi,,
U S ln.1 Alcohol. 43 43 42 41 si
tl B ltubher r.5 Kl tr, 01
V B Bleel hO',4 M14 M b'i
tl B Bteel pf 117 117 117 117
Utah Coppo UH4 6414 01 04
Vanadium Steel.. 33 3H-J f .11
n lion. C iV. C fc7 87 b3 Kl
VlMiliiloil 0 0 (1 0
WnlmHll 0 11 . 0 . 11
Wabaoll pf A.... 20 211 20 'So
Western Union .. P'2 112 0214 P21',
WheellliK A 1, 11. OJ, (3, 0 0
White Motor .... 311 31H4 SIM.i l.'t'.i.
White Oil S 8 8 V'l
Wlikwlle Bteil .. 1.1 1,1 1;, I,
Wllljs -Oterl.ind . .1 .1' 5 1
Wlsiouslti Central 211 20 20 21
Woitll Pulnt 40 40 40 40'-4
(Cumplcto Slock l.xclinnijc
ninl Curb Quotntlons Appear
Dully In .Willi Strcrt l'innl
lMIIInu of Tho I.tciiIiii; World.)
Wall St. uossip
LORD BRYCE, NOTED DIRECT STATE TAX
STATESMAN AND ! TO BE ELIMINATED
WRITER. DIES AT 83 UNDER NEW PL
tr. a-' Tr
" J '. 5. Fletcher
192Z 3t The Bcu. Ovulkatc ins
Was British Ambassador Here Davenport Committee to Make
and Author of "American
Many Other Suggestions
8YNOP8IS OF PRECEDING CHAPTERS.
lira, Udolao, whoso con, Aut: tails Um atorj. ItU a Mraiaed room to Jamea GUtinbwaUt.
sac to an itaKoown man wnom b wui mm al a
!luli attrwptt to kerp tbs rcodcziout and U.
f mriltrlout luioifr. bo aika llutb u centt a nuun to an amoeirn man vnom h will mm al a
.....tij wn.rr ms mi na inrra nicrs m. uuan aiirwpu to aefp tas rendezvous ana an-
lOtcri a uunlrred man. On rttumlni borne. Iluia tlnjj that OUwrtliwaUs ku died. Froea paixci
isiinj on in muMcrcd mla'i bsl Uirj drtcnulna nta to be John 1'aUllps and In alt pockrta a
bit of aationr benlm Hit name "Onln Mmettoa or Oundoe." At tat tiuiuest orr rbllllpt'a aeata
Al.HANV. Jnnia. The foiiiiiuUio
on Taxntioll and Rctrencliinont, of
which Honutor Kmlcrlck M. Daven
port is Chairman, Is expecta! to
LONDON, Jan. 23 (Associated
I'rcss). Viscount Kryco iH Jcatl at
Sltlmoutli. Tho end camo peace
fully and somewhat suddenly. The
Viscount had been staying In Sid
mouth for tho past thrco weeks and
was extremely energetic to the last. Tho committee has been at work for
ii ear, and Its report will lio ot
Jauifs Uryce, Viscount of DoeU- rxtraonllnary hnpottance. It 1m nntlcl-
mont, was a world figure as a man patcd. A statement rcfrardlns com-
of letters, .1 publicist and diplomat, mltteo's tlmlinss wis made yesterday.
Ho had enjoyed a great prcstlgo In snyini; In part:
United Status, and It was often said "The ndrposp sought by the Com-
that he know tho American system mltteo on Tuxntlon and Itetrenchnierit
of Government better than any Amer- j",s bcc"1, cnuallze. not to Inciwc.
1 IIO LUIIIllUl I W II, ID r.VJ,,f,l.fc v
simplify, not to complicate, tho ex
isting taxation system.
Iluih rnvgnUM a man wkom he kid ttm In Ike nrlnlt) or th murdtr on tut nltbt that tbt at
" v.iuuiiiiu iui n if ima uut inu man ia rir uiiiwn uarttain. wao aaa just uotruea m iu
rptiUe In Ihe nlibbnrhood and w'io ba ' not been In those parti since e-arly boybood. flbortlj
trier the Inquest AM Crona, a trlMrl) and notoilout' custsrttr in ue neltbhorbood. tells llniti ttat
he taw sir (lllbert Carnal. a oftr Hie .o-na of Uio murder and that be knows lluih saw Um. Ue asks
llutb wLr he did not tell of tkli at tin tmiuest. In looklna tbrouih the property lift bj tltrln, Ilnik
lid bla ejnplojer IJniJsej. tlrd a wlU beirlna tbu tl(naturi) ot iltchael ranltlit, a brother of Tr
Ollliert, and nho bd dlstnieared yet.i befor? and mas retiortrd dead. Meanwhile. Crone has lietu
inumer.ii. iiin uneaj; about bU knowledie Hush tlilts Sir Gilbert CartUialrt and tills hUn wka:
aa knows, air (Ulbm offers nba Uu poaltlini or sonard for hit estate, whkh Hugh urepts. It is
itllSh l.lln,lri-. n.i.b. ...11 .....1. ..It. n.an whn ha. Kun a.ra.lB., Uta nltfta.
make U net loll of itH irport 10 tho Imltes Hugh to n sslUni rrith kUu. While lliu are nut of night ot Isml. Utriulra pttsbui llmli sie'
, , , roard. Icailng blm lo drown; but ltue'j tlthts a fteamer tftr rbany Lours.
Scnato on Wednesday of this week. ..,,.,.!-,,.. 4 L
. ii.ii iiiu i ii,
lean authority. Ills book "The Amer
ican Commonwealth" has been a
standard textbook in schools and col
lofies of the United States for many
i Thtough his books, his many ad- monwealth. This Is an Increase of 170
I dresses here and through his five- ven- 1,1 tll ten-year period be
UK was a very Flow-going- craft
that not nblo to do more
than nlno or ten knots nt
best and another hour passed
befoin she was anywhere near
me. tlut, thank God! she came
within n mllo ot me, nnd I made shift
tc stand up on my raft and to wave
to her. And thereon nho altered her
course and lumbered over In my dl-
"The total tax burden In tho Slalo itptlon. Sho wns one of tho uullcst
of New York, Federal. State and vessels that ever lert a shipyard, but
local, is estimated to he ?10G.97 per l thuuphl , mul ncvep 8een
nun, minimi nun mum in uii: v.uin- ,,,, . ..,,,, ... .. .
v. .'vu,.,kui ,11 lllj 1IIU Hi! M11W
looked in those moments, and I had
certainly never been so thankful for
Liberty 0 l-2s i.pcned 97, up .in,
1st I 1-ls, K7.6S, up ,0S; 2d, 07.16.
off .11; 3d, U7.S1, uji .01; 4th, 87.3U:
Victory, t 3-4s, 100.10, otr .02.
Opened Iriegnlur. I'll. Morris,
S 5-X, off 1-8; S. O. Ind SG 7-S;
Clove. Jltit... 30; Into. Ubr., !) 1-2, otf
1-4; Oil. Serv. Us, 19 5-S; -Mthr. Loile
t'oaltn., 9 1-8, up 1-8; Magma, 30,
Atl. Lob., 8 1-2, off 1-8; BImms,
POHKIGN KXCHANGH Ol'KNING.
Stcillng, demand, 4.20 3-8; cables,
1.20 7-8, olY 1-4. l'Vench francs, de
mand, .0802 1-2; cables, .0S03, o!t
.0000 1-2. Lire, demand, .0131 1-2;
cables. .0133, oft .0003 1-2. Uelglan
francs, demand, .0770 1-2; cables,
.0771. olt .0006. Marks, demand, and
cables, .0048 1-2. oft .0001 3-1. Greek
drachma, demand, ,0431; cables, .0139,
unchanged. Swiss francs, demand,
.1911; cables, .1943, off .0002. Guil
tleis, demand, .3G2&; cables, .3630, off
.0016. Pesetas, demand, .1490; cables,
.1495, up .0002. Swedish kroner, de
mand, .2485; cables, .2490, unchanged.
Norway kroner, demand, 1561 ; cables,
.1566, up .0011. Denmark kroner, de
mand, .1998; cables, ,2003, up .0003.
. i,.,i, a . , i . iwcrii jyiu unu I'j.u.- nuii ui nun
j car aa uiii.au ti.uuatii.uuoi m .)Urd(,n Js Fe(era)i anJ most of lho anything as for her solid and dirty
Washington, V Iscount Bryco became remaining half is local. Only about deck when willing nnd kindly hands
ono oi tlio most, noiaoio numan linns 10 per cent, of the entire oilmen is lielped me up to it.
in the chain of friendly relations be- '"ado necessary- by the State Gov- llnlt hour after that, with dry
tween this country and Great Urltaln. ,.m. , . , , ,,, clothes on me. and hot coffee and
He was born In Delfast, Iivland, tho fact that imr,iPnsomc taxation In T.um .,n&l,1 "10- 1 w;ls closeted with
May 10, 1838. .somo directions and unequal taxation Ule sKipper in his cabin, telling him,
111 1SC2, tho year of his graduation in others is repressing Initiative, is unuer a strict pledge of secrecy, as
from Oxford, his book, "Tho Holy ala'inins property noiucrs unu i if iiiutii in uij iuiu us i ieir. mciineu
laiiin.n ii..hi-fo. i oimiu i.nii unu. jiu was a syni-
BARRED FROM PARIS
2 J ,4
6 1 1,
French Press Is Indignant .it Action
by Council of Am
bassadors I'.UUS, Jan. 23. Watched ltke a
prisoner by French olllcitils, cx-
Emprcs.H Zlta of Austrla-Hunsary
has crossed Franco on her way to
rejoin her husband at their exile homo
In Madeira. Although she wanted to
po through Parts to do a llttlo shop
ping, sho waa not allowed lo do so, tho
Council ot Ambassadors having de
cided moro than a week ago that sho
should travel from Geneva via Lyons
Sovcral French newspapers express
Indignation at tlio unceremonious and
what they consider tho unchlvalroua
shunting across Franco of tho young
and pretty ex-Empress, who, apart
from the fact that she Is expecting a
seventh child, displayed during tho
war a constant antipathy to Germany
and aided' her brothers, Slxto and
Hobort of 1'urma, of tho Belgian
Army, In their efforts to effect a
SAY MOTORIST HAD PISTOL.
DriiKKlat AVlioar Car linn Into Mali
Truck .Icctiaril of Aaanult.
Charged with assault and violation of
the Sullivan law, Mario Ingrafna, forty,
a wholesale druggist of No. 1S3I 75th
Street, Brooklyn, was arrested on the
Ilatbush Avenue Extension near Bridge
Street, Brooklyn, after I1U1 auiomobllo
rnn into a United States mull truck
Arthur Knabdart, the mall truck
driver, alleged to the pollco of thu Top
Inr Street Station that when the ma'
chlnei came together Ingrullla Jumped
cut, hit him In tho face and .itlempted
to draw a pistol. ralrolmon Don
nelly and McCarren, who ran JP. assert
they found a revolver In Ingralha's hip
pocket. Tho druggist was released In
J2.000 ball, for which Mra. Ingrallla fur
i ishcd the equivalent in Jewelry.
.toman Empire," was published At ..Asj"t,lc stlltt,; lmm(,.aiat0 t0nmbu- , nthetic and an understanding man.
l.t flavin 1m fi ! nfnntv.rAilt' tnnt(J n a 11... . 1 1 - . ..0 1 in !.-. 0 '
this timo ho waa twenty-four years tlon to the lcllef of real estate, the
old. This work, used In schools the committee Intends to suggest that the
world over, is an expansion of .an .'"rS
essay he delivered at his graduation. momenti in or(cr tilat n beginning
After his graduation Bryco prac- mny Iks mado tn easing the onerous
tiscd law in London for fifteen years, burden now borno in many districts
He- held tho Chair of tho Regius fro- ot " wawuy uie larmer, i..e .....
fessorship of Civil Law at Oxford
for twenty-three years.
Ho 'was first elected to tho House
of Commons In 1880, from a London
district, nnd was a pronounced Lib
eral. Ho was at first considered a
ownrr and the rent payer.
"Another change has to do with
taxes upon various kinds of business.
These must lie fairly equalized If
business generally is to prosper.
"Another proposal which Is urgent.
and ho swore warmly and plentiful
ly when he beard how treacherously I
u:m uecn ireaiea, intlmntlng It as
the Just then Nearest wish of his
heart to have tho handling of tho
man who had plavcd me thn trick.
Tho steamer that had picked me up
wan nothing but a tramp, plodding
along with a general cargo from Lon
don 10 ijunuce, nnd its accommodation
u..i as rougn as its skipper wns
homely. Hut It was a verltablo nnl-
aco of delight and luxury to mo after
inai lurriuic nigru, ana 1 was soon
in tho opinion ot tho committee, has J". C,i!i,wCCP ,'nttic skipper's
to do with the Increased taxation of ,,: "7 1 ,;i .. - , '1. ,
failure as a political factor, but dur- motor trucks. It Is perhaps not gen- u,at afternoon.
Ine the ensuing twenty-two years orally known that of every $30,000 ptir "We're in tho Tay.'
llQ Kfilfl. M.irwl
mllrk Liinnl ttt rifocunt litr thn Utiitn fit r Wfi'lt rli-iiL- In Vi..1f r. n U..
ucuamu u uuuiuiu ubuii; i roa(! i)Un,linff, tho second $15,000 is y" enn t go ashore tn your under
politics. In 1886 He was appointed espendod mainly that the road.s may uul,,m mam Ana wnero's your
- . .... . . .... m ursR?
lift nr tn iio.rm r inn nnnrniinn nr ..i.
.,m,u i,n,iu nf . ?'' nndme s about of a. build." ho
'" v aiiticii. "I'll lend you what monev
ircigm. you W(lnt. Hut what Is it you're going
"Still another urgent matter, tho to do?"
conimlttco believes, Is tho necessity of "How long aro you going to stop In
extending tho system of business taxes Dundee. Captain?" I asked,
to Include all business, unincorporated ,.",;tlur days." ho answered. "I'll be
as well as incorporated." '''"...i0","10 llB
a. is. aivkt, II'U UWJO, UUU llJli X 11 UC
Under Secretary of Stato for For
eign Affairs. Ho also served as
Chancellor for tho Duchy of Lancas
ter, which gave him a seat in tho
Gladstono Cabinet, and ho was Pres
ident of tho Doard of Trade In tho
When the Liberals again came into
power in 190G, Mr. Bryco was mado
Chief Secretary for Ireland. Aftor
filling this post for thirteen months,
he resigned to accept an appoint
ment as Ambassador to the United
States. He retired In 1012.
In 1921 ho published "Modern De
mocracies," and on July IS, 1921, ur-
rlvcd again In this country as a lec
turer at tho Institute of Politics at
Williams Collego. He mado several
addresses there and sailed for homo
On Oct. 5, 1921.
Lord Hrj'co was a great traveller.
10,381,309 NEGROES IN U. S.
KILLED BY OWN REVOLVER
IN AUTOMOBILE POCKET.
Weaiiun, Accidentally UlMelinrKfd.
Hinli I.lfc of J. T. Sllnni.li nt
Home In ltutlirrforil.
J. T. Sllngsby, aged forty, living at
No. 43 EtiBt Passaic Avenue, Ituther
fotd, Jf. J., was fatally wounded yes
terday morning when a revolver in the
tool pocket of his automobllo was ac
cidentally discharged. Tlio bullet en
tered the side of his head.
Mr. Sllngsby was preparing to tuke
his wife and children for n ride. Mrs.
Sllngsby went to the gurago at the
I sound of tho shot. Her husband was
hurried to me HacKeiisacK Hospital,
where he died two hours Inter.
Mr, Sllngiiby was connected with a
steel manufacturing company In thU
city. He was active In Masonic circles.
President of the Kuuierrorii Masonic
fMO.UUO Have SHerateil .North and
West Since, lfllll.
WASHINGTON, Jan. 23. Tin; extent
of Negro migrations from the South to
the North and West Is shown in stutls- flub and I'nst Master of thu Rutherford
tics of the 1920 census made public to
day. Tho total number of Negroes barn
and living in the United States proper
on Jan. 1, 1920. was 10,381,30. Tho
number of Southern-born Negroes liv
ing In the North and West ici eased
from 410.534 in 1910 to 7&0.791 In 1920.
Tho greater increasoi in Negro In-
Ivodge of Masons.
MOTHER AND BABE SLAIN.
CHICAGO, Jan. 23. Tho bodies of
Airs. Margaret Tlerney, twenty-six years
old, and her three-year-old son, Italpn,
.1 w UJ itiruiu, x
"Lend mo the clothes and a sover
icign," said I. "I'll wire my principal.
the gentleman I told you about, to
, come nere nt once with clothes and
money, so I'll repay you and hand
your suit back first thing to-morrow
I morning, when I'll bring him to see
Me Immediately nulled a sovereign
lout of his pocket, and, turning to a
I locker, produced a new suit of blue
I serge and some necessary linen.
"Aye?" he lemarked, a bit wonder-
Ingly. "You'll be for fetching him
along here, then? And for what pur
"I want him to take your evidence
about picking me up," I answered
"That's one. thing and there's
other reasons that we'll tell you about
afterward. And -don't tell anybody
hero of what's happened, and pass
the word for silence to your crew.
It'll bo something in their pockets
when my friend conies along."
He was a cute man, and ho under
stood that my object was to keep t.te
rews of my escape from Sir Gllbci
Carstairs, and ho promised to do whi
I must let my mother and Maizie
l.now of my safety at once. X must
let Mr. Llndsoy know, too. I know
what must have happened thero at
Berwick. That monstrous villain
i would sneak home and say that a sad
I accident had happened to me. It mado
I mo grind my teeth and long to g.-l
hnbitants among tho Northern nnd yesterday were found In their home. my bands at his lying tongue when I
WcstJm clto in the ten ve3 are They had been murdered with a hatchet, thought of what Malzio and my moth -
shown by New York, Philadelphia, Chi
cago (100 per cent.), Pittsburgii, Cleve
land, Cincinnati, Detroit f800 per cent.),
Los Angeles and Indianapolis. In 1910
1920 tho Negro population of New York
increased from 91,709 to 152,467, of whom
60,116 were lemales and 72,3ol mules,
Patrick Tlerney. Mr... Tierney's husband.
Is sought in connection with the double
William Brcnnan, landlord of tho
building, told the police that Tlerney
several times had threatened Mrs. Tler
ney. Tlerney, ho saw, is a son or t.ieut.
W. E. Strvrnnon Will He Mnntrr of
Ceremonies nt 1'rlnrcton.
force and also has a brother on tlio Noiv
Philadelphia, second largest in Negro Patrick Tlerney of tho New York Pollco
population, jumpea rrom S4,45'l to 139,
229. In 1910 tho Negro population of
Chicago was 44.103: in 1920 It waa 109,
458. CLASS DAY OFFICERS CHOSEN
SHIP NEWS INFORMATION
Acre polls, GlbriJUr
mid ford clti. ShteJrli,.,
rtUunar?, I'd it Llmnii
Clan Miclltide. Altera
Kt lluullton. llrrmud
TO INSTITUTE DR. STETSON.
IllNlioii Manning will I'rmlde at
Service for ?few lteclur f Trinity.
Tho most Important 'unction In reli
gious circles this week will bo tho In
stitution Wednesday of hev. Or. Caleb
Rochfdrd Stetson ns rclor of Trinity
Oliurch, when he will become formally
tho head of tho wealthiest single reli
gious corporation In America.
A few weeks ago Dr. stetson was In
iiucted as rector. This was ,. ceio
tnony. not n -service, and merely an-
.Piipriscu nun unit tno temporalities"
to J were handed over to him. On St. Paul'
tiny, Wednesday, the lllshon of tho
Hplscopal Diocese of New York, FU.
P.ev. Dr. W. T. Manning, will deliver to
the rector the spiritualities and what la
known as the "cure" of tho patUh.
THICKS lir..I.I7.i: (IN MVI1T & COM
PAN alf of nrnu lift In New UirK
City for nt-vk uniting tJatuidny. Jnn. 21. on
shiiunvnta fcolil out, rnngvd fiom II rents to
... .i-iim I-.-, N.uim aim avrragi'd li SO ruiui
lir jkhiiiiI." Ailvtw
IVinre. Sin Juin
lrtnrt'S5 Mstolks, llntnen.
Vinhindle Mstf. tondon .
Saiita Am, Vilpirilso ...
Zesluid. Southuniiton . . . .
Announcement of class day officers
lur "D a,..v .........vv,,i,,. vAuivtbt-o Minvil Trtnldnt
of tho Class of 1922 was mado yesferday Montauk. landon
at Princeton University. AVllllom E. I'hlladrlphla. sia Juin
Stevenson of Princeton, Captain of the
track team, will be master of cetemo
nles. Thoso elected as members of tho
Class Day Committee wero: K. N. Case,
Plalnflold, N. J.; W. n. McKerraln.
Louisville, Kan.; W. K, Maascy Jr..
Ocean City, N. J.; A. n. Stevenson,
nioomlngton. HI. : n. Stlnson Jr., Haiti
more; U K. Tllden. Chicago; U 11.
Woods Jr.. Sewirkley. Pa.; D. n. Lourle,
Teru. III.; I. U. 'i'rlmbell. Italtlnioro.
and T. K. Dmmmond, New York.
It. M. Warner of Muncle. Ind., will be
class day orator; D. Carter of Plalnneli!
class day poet; T. C. McKachln Jr. or
Jacksonville, class historian; U n.
Tllden. Chicago, presenta'lon speaker,
and B. Carter, Pliiinflcld, Ivy orator.
. ...Isn. s
Aeolus. Ilia Janflra
Alfonso XIII.. Illrs-nn. . .
Ik'rtilisflurd. Ilericen ....
Urw Dollir. (illinllir .
llouut Cirrclt. Ilstiiliurit
I'on IjtlliMon, London ..
get $a7.ooo stiu.kx nnxni
iim.niiii iomhi.wt of value,
IiKTHOIT, Jan. 23. Tho finding hero 1 etinmort. Lelth
Mo i.Ii!.ii llollunbvrj
Al'.oMijr. Iluttt-rdira ..
Cillforalc. lloldsiuz ..
Eastern Crosi. IlrlsIntfKri.
CunrUo. IUn d. JtncUa..
1.00 P. L
8.00 A. II.
of 1273,000 worth of negotiable bonds,
said to havo boon a part of tho loot of
a J600.000 mall robbery in Los Angeles
nearly a year ago. was announcod by
pollco to-day. The bonds wero found.
It was said. In a house, the occuoants of
which wero not nwaro of their nature or Odrlf. l.ltnx.l
value, tho securities baring boon left In Hamilton, iicrmud
havo been mado here. m j.jn,,,,
IVdlvntd WHmo. Niflei.. 8.00 A. JL.
JciUa, rr 11.00 A. L
... s.i OA. si.
,.. 1.50 A. il.
. . . II 00 A. U
... 5.50 A. M.
,.11.00 A. H,
r- must havo sufforert after heannc
his tales and excuses. But I did not
want him to know I was safe I did
not want tho town to know. Pbquld
I telophono to Mr. Wndsoy's office, i
uns almost certain that one of my
fellow clerks thero would answer the
ring and recognize my volco. The:
everything would bo noised around
.And after thinking it all over I sent
Mr. Llndsoy a telegram In the follow
ing words, hoping that ho would folly
"Keep this secret from every
body. Urlng suit of clothes, linen,
money, mother nnd Malzle by
next train to Dundee. Give post
ofllco people orders not to let this
out, most Important. H. 51."
I read that over halt a dozen tlnvt
I-, fnrn T flnnllv dlsnatched it. II
!"?- 'i peemcd all wrong, somehow and al'
'.'.'.'.itn. ir! light In another way. And. however
....Jin. u badly put it was, It expressed my
""jiS: 12 meaning. So I handed It In. and my
I.'i.'jin. , liorrnwcd sovereign with it, nnd jln
....Jin. id pin. t,e ci,ango which was given
....jm. uji,.,, ,H mCi f went out of tho telo-
Ifrnipli nlllco to stare around.
.. ,.i.n. ii And nt that time. Iieing In Rank
' ' Street, and looking about mo for some
' i placo where I could get a cup of tea
::::j,iu ij ' and a bite of food. I chanced by sheet
Jan. lis , nrnldent tn fceu a namo on a brass
plate, tl.xed among moro of tho sumo
sort, on the outer door of n suite of
offices. That name was Gavin Smea
tnti T t-ftfnitiwl it nt nnro nnil. moved
" "iiS' 12 by n sudden' impulse. I went climbing
.....in. " ..1 .. ... T 1 .. Cmaa.
Jan. II up u loi oi uiepa ui -in. uaiu a3iiii;c-
ton a office.
I walked Into a room right at the
top of tho building, wherein a young
man of thirty or thereabouts was sit
ting ut a desk, putting together a
quantity of letters which a lad, stand
ing nt his side, was evidently nbout to
carry to the post. It was not until he
bad given all tho letters to the lad
and bade him hurry oft to the post
thnt ho turned to me with another
sharp look and ono word of Interroga
tion. "Yes," bo said.
"Mr. Oavln Smcaton?" asked I.
"That's my name," ho answered.
"What can T do for you? My business
hours are over for tho day. If ils
"It s not business In tho ordlnarv
sense, Mr. Smeaton," 1 mado shift to
get out. "Hut It is business for all
that. Tho fact is you'll remember
that tho Berwick police sent you a
telegram -some days ago asking did .
you know anything nbout a mun t
named John I'hllllti.i. who wn.i mur. t
acred and In whoso pocket a bU of
your office stationary was found'"
lie showed a sudden interest at that
and he regarded no with a sllgli'
"You've read about this Berwick
mystery In the newspapers?" I continued.
"Every word seeing that 1 win
mentioned." lie answered.
"Then I'll give you the latest chan
ter," I continued. "You'll know th
name when you hear It Hugh Money
laws. It was I discovered Phillips's
Then I went on to leu him of a "
that had happened since the mtirdci
of Crone. Ho was a good listener be
took in' every detail, every polnl
quietly smoking while I talked, and
never Interrupting me. And when I
nau maue an ono. lie threw up his
head with a significant gesture that
"loti think that man really meant
you to drown?" he asked.
"Vhat would vou think vouraeir
ar- i- . - - . , . ; . . s '
ii. omuuiuii i rcpnea. "ijesicies f
ilMn'l T 1,1a r ., ,.. . 1. 1 I m
sen anu nis yacnt away from mo?
Yon man Is a murderer!"
"It's a aueer. strange business." hn
remarked, nodding bis bend. "You'll
be thinking now, of course, that If
was ho murdered both I'hlllhia nnd
"Aye, I do think that!" said '
"What else? And lie wanted I
silence me because I'm the only livni,;
person that could let out about seeing
lllm at tllO PrnR-rnn,lu M,?lt lllrrh. n.l
could prove that Crone Faw liitn too f'
.... . . .. x
went straight to him after his Ml"
v.ith me and paid the penaltv."
"That's likely," ho assented "But
what do you think made him turn -
you so suddenly, . yesterday, wli n
things looked like going snwntWv
nbout everything, and he'd given yi"
that stewardship which was,
course, to stop your mouth?"
"I'll tell you," I said. "It w
Mr. Llndsey's fnnlt lie let out t
much at the police court. Oaisln.-
was there he'd a seal on lly Iwnrh
nnd Mr. I.lndsey frightened biir,
Maylx it was yon lce-nx Mr I .inn
ncy's got some powerful card up lr
f.lecve nbout thnt what It is I don
know. But I'm certain now now1
that Carstalts took a fear into V a
bind nt those proceedings yesterdri'
morning, and ho thought he'd sett:-!
mi- once and for all before I could b-
drawn Into It and forcei' to say thlng.1
that would lie against him.
"You can't think, now, of bow, or
why, yon Phillips man could have got"
that bit of letter paper of yours on
him? It wai like that," I added,
pointing to n block of memorandum,
forms that Mood in his stnt'oneiy
case nt the desk bcfoic him. "Ju
"I can't," said he. "But there -i
nothing unusual In that: some cdrre
spondent of mine might havo handed
it to him torn it off ono or my lei
tcrs, do you see? 1'vo correspondent!
in a great many seaports and me i
cantllo centres both here and it
We went down Into tho street lo
gether, nnd after he bad asked it
there was anything he could do fo;1
me that night, and I Jiud assured him
there was not, wo parted with an
agreement that Mr. I.lndscy and t
should call at his office catly next
morning. When ho had left inc. I
sought out n place where I could get
somo supper, and, that over, I Idled
about the town until It was tlmo for
tho train from tho South to get in.
And I was on the platform when It
came, and there was my mother and
Malzle and Mr. Lindsey, and 1 saw
at a glance that nil that was filling
each wan sheer and Infinite surprise.
My mother gripped mo on tho Instant
"Hugh!" sho exclaimed. "What
aro you doing here, and what does all
this mean? Such a fright ns you'vn
given us! What's tho meaning of
I wns so taken aback, having been
certain that Tarstalrs would haMi
gone homo and told thetn I was ncci'
dentally drowned, and all I could ii
was to stare from one to tho other
As for Mozie, she only looked won
dcrlngly nt me; as for Mr. Lindsey.
lie gazed at me as scrutlnlzlngly as
my mother was doing.
"Aye!" said he, "what's the mean
ing of it, young man? We've done
your bidding' and more but why?"
I found my tongue at that.
"What!" I exclaimed. "Haven t
you seen Sir Gilbert Carstairs? Dldn l
you hear from him that"
"We know nothing nbout Sir Gil
bert Carstairs," be interrupted. "The
fact Is, my lad, that until your wlro
arrived this afternoon, nobody had-
3 0(1 P. M.
S.00 I. M.
11 00 M.
11.00 A. it,
II 00 it.
3.00 r. m.
even heard of you and Sir Gilbert Carf
stairs slnco you went olf in Ills yncht
yesterday. Neither lio nor tho yacht
have ever reiurncu io uciwkU
Where are they?"
T wns my turn to staro again'
nnd stare I did, from one to tho 1
other In silence, and being far ;
too much amazed to find ready (
speech. "Do you tell tno that Car
stairs lias never been home?" T e
claimed, turning to Mr. Llndscj
Then I don't know where he ts, nor
his yacht cither. All I know Is that
ho left me to drown last night, a good
twenty miles from land, and thut it s
only by a special mercy of Providence
that I'm hero. Wherever ho Is, yon,
man's n. murderer I'vo settled that
Do Not Miss To-Morrow ntrttlnrj