New-York tribune. [volume], November 12, 1920, Page 6, Image 6

About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

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When Real Estate
Was Depressed
Not now?but say in October, 1914,
when everything else was depressed, too,
except?Guaranteed First Mortgages.
They were not depressed even if the real
estate ov#er was faring badly and had to
ask for time when his mortgage was called.
The holders of Guaranteed Mortgages
knew that the depreciation was coming out
of the equity, and that they were guaranteed
that it would not reach thrir mortgage lien.
This certainty made them the most comfort?
able of all the investors in the community.
Bond & Mortgage Guarantee Co.
1 76 Broadway, New York City
175 Rennen Street, Brooklyn
Fraud in South
May Break Grip
Of Democrats
Republicans Encourage Con?
tests to Expose Methods
Used in Several States
by Rivals to Hold Power
-,
No Peril in Negro Issue
_
One Senatorial and Several
of House Elections Are
Likely To Bo Investigated
By Carter Field
WASHINGTON, Nov. n.-- Contests
of Corgressional elfctions all over the
South arc being encouraged by the
Republican National Committee, with
a view to exposing frauds, intimida?
tion, secret registration and other de?
vices by which the Democratic party
has maintained its strangle hold on
the S? lid South.
There is !." particular desire on the
part of the Republican lea?lers to gain
seats. Most of them conf< >s privately
;hat the majorities elected in both
House and Senate arc unwieldy and
they actually would prefer them to he
Bma 1er. Large maj cities lead in
cvit; : '?' to insurg? icy and to bitter?
ness < ????r committee assignments.
The desire for Congressional con?
test* is part of a drive on the South
with a view to feeing election meth?
ods in the future wh ch ?'ill give a
figh1 ng chance to the Republican party
\e i- policies ai ; < : '. lates happen
to appeal to a major i of th?
; state. The Republi?
cans ,f course, are enormously ?n?
eo n ? their s nee? ss in Tennes?
see ar.d Oklahoma, not to mention
Maj '.. ??? I and Missouri.
Negro Question Diminishes
There is a difference of opinion
amo- '/ th? Ri ? ubi i an leadership as to :
the course to be pursued. Some of
them frankly favor reducing Southern
representation in the same ratio as
the vote is reduced by denying the |
ballot to negroes.
Others think this year would be an
unfortunate one to force this issue j
and hope that the time has begun to
p? - ? when the negro question will hold
the South in line solidly for the Demo- ;
cratic party. They point to the victo?
ries won in Tennesse?', Missouri and
Mary and in spite of the desperate el'- i
forts of the democrats to make the race |
is.-ue paramount in those states. Many
of them believe that, despite the ordi- |
t.ary negro issue, the Republicans i
would have carried Kentucky for Har- |
ding had it not turned out that the !
a? gro I lood lie about Harding was more !
effective in Kentucky than anywhere!
else. i
Bul all ara agreed that the terrible
auds committed in various parts of
the South in the campaign just closed
should be shown up. They believe that
the evidence of some of these frauds, if
spread before the voters of the South.
will result in a revulsion of feeling
which will go far toward breaking the
hold the Democratic party has had on
the ex-Confederate states since recon?
struction times.
Alabama. North Carolina and Virginia
aia three of the states from which :! 's
opccted contests nil! be started. Mail
his been pouring into Republican Na?
tional Committee headquarters liera
and to some of the Republican Se ni
and members of the House al
all kinds of fraud. Democratic n
nees won by very narrow margin
in one district each in Alabama and
Virginia and in two districts in N'orth
Carolina. Reputable white Repub icans
in those districts have written in giv?
ing statements which have been effect?
ive in convincing the national leaders
who have gone over the correspondence
that this would be a splendid occasion
on which io hold these frauds up before
the country.
While the norma! plan is to have the
regular elections com m i i tees o? the
lieuse go int" these contests, there is
a possibility also that the K> nyon c> m
mittee, the course o'^ which was so
spectacular just prior to (he Ri
can convention, and whose exposures
?.re generally credited with having de?
ft nted Governor Frank (). Lowdon of
Illinois and Major General Leonard
Wood for the Republican Presidential
nomination, will take :i hand. The com?
mittee has authority to do so if it
wishes. Incidentally, the two Demo?
crats on the committee, Reed, of Mis
souri, and Pomerene, of Ohio, aro of
the type who would riot hesitate to
c\posc and attack the frauds of their,
own party if they were convinced that
frauds had occurred.
The committee, meanwhile, is look
1 m g into th>> question of investigating
at least one Senatorial contest in the
South, newspaper interviews quoting
Senator Underwood with charging his
opponent in the primary with having
Sj i lit $200,000, have been submitted to
the committee, and enemies of Mr.
1 nderwood have mentioned a much
higher figure as having been spent
by frienda- of the Senator.
-,?..?.?-__
"Dear Betty" on Robbery
? Note (?els Boy a Tanning
Ten-vear-old Wallace K. Lancston jr,
i
of 29 Livingston Avenue, Yonkers, got
a tanning yesterday, but, with a pre?
monition that his account with a cer?
tain hard handed policeman still re
,a m ?ettle.d, he is giving a wide
rtl I ' of Patrolman Charlea
Ward of that city.
Ward '-vas the man assigned to stand
guard all night Tuesday at the home
of in?1 Rev. Dr. Francis Theodore
Brown, pastor of St. Andrew's Memo?
rial Prot? itant Episcopal Church, in
Yonkers. The assignment was ma<ie
after the clergyman had taken to the
police th ? foil ?win-1' note which lie
received that day: "Have a tip. Your
house will be robbed." This missive
was signed, "A Friend."
It was not until the unfortunate pa?
trolman had finished his futile vigil
that a detective discovered with the
aid of n microscope that the salutation
"Dear Ret? " had been written on the
not e and had be' n era ;< -1.
Dr. Brown has a daughter named
Betty, who is ten years old and has,
the detective learned, flouted the at?
tentions of Wallace IL Lancston, jr.
With this knowledge, the astute de?
tective ailed fri m Wallace the reluc
tai t aiias -sion that he had written the
n :? "jusl to get even with Bettv."
If Betty heard the wails which re?
sounded in Livingston Avenue yester
dav Wallace's future looks bleak in
(1 ad.
Truck Drivers Vote
To Ballot ou Strike
Two Local Lodges of Union In?
dicate Determination to En?
force Wage Demand?
Five thousand members of Locals
807 and 2H2 of the truck drivers' sec?
tion of the International Brotherhood
of Teamsters and Chauffeurs at sepa?
rate meetings last night vote<l unani?
mously in favor of a strike ballot to be
taken by these and probably the two
other locals involved in the preaent
wage controversy next Sunday uftet
noon.
The action indicates a determination
on the part of the drivers to enforce
their demands for a ST weekly increase
in pay, an eight-hour day and other
demands.
William F. Kehoe, international
trustee of the brotherhood and vice
president of the State Federation of
Labor, said there was still time left for
the truck owners to agree to arbitra?
tion and that this course was pos?
sible even after a strike ballot had
been taken. The employers' committee
would be notified of the men's attitude
to-day, he said.
The meetings last night were he'd at
Webster Hall, Fast Eleventh Street,
and at St. Veronica's Hall, Washington
and Barrow streets.
-?
Reds Hammer Wrangel
Troops on Both Wings
SEBASTOPOL, Nov. 11. The Bolshe
viki are attacking General Wrangel's
troops in strong force on both wii g
in the Crimean Peninsula. They I avt
succeeded in bringing up their artille ...
"and, according to latest advices, Wran
gel's forces are slowly falling b ick.
General Wrangel is taking pre au
tionary step., to safeguard the pop i a
tion, and will evacuate the civilians if
necessary.
LONDON, Nov. 11. The fortified
works planted by General Wrangel in
the vicinity of Perekop, on the isthmua
leading to the Crimean Peninsula, have
been occupied by the Bolsheviki, ac
cording to Wednesday's official state?
ment from Moscow, received in this
city by wireless to-day. The statement
rea ?Is:
' We have broken the enemy's ;
resistance and occupied his fortified
positions near Perekop. We also oci .
pied Armiansk Bazar."
i
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A Genuine
on a Pre-War Basis
This "Crest" Regal is now priced at.$10. For years before
the war, shoes of equal value with the "Crest" sold at
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have hardly seen since war broke out. Nor rive per cent
of all the shoes in America were ever made o? leather of
such superb grade.
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Not five per cent of all the shoes
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The
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Men's, 11 omen's anj Bcryi' Shoes
81 Nassau St. Broadway at 57th St.
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"A Tower of Strength "
_J____U->.
_.j_n_ .?*?_*+*;'CM
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In The
Bankers Trust Company
you will find complete service in all
matters of banking and trust, as follows:
Banking Department
Foreign and Domestic commercial
banking; accounts of banks, corpora?
tions, firms and individuals. Interest
paid on balances.
Foreign Department
Established connections with the great
foreign banks make its service world?
wide. Buys and sells foreign exchange,
issues Travelers' and Commercial Let?
ters of Credit, and finances exports and
imports.
Trust Department
Acts as Executor and Trustee under
Will, Trustee for Voluntary Trusts,
Custodian of Securities, Escrow Depos?
itary, Guardian, Committee, etc., fur
Individuals, and as Depositary and
Trustee under Mortgages and Trust
Indentures for Corporations.
Corporate
Agency Department
Acts as Agent for Transfer of Stock
and Bonds; Registrar of Stock, Bonds
and Commercial Paper; Agent for Pay?
ment of Dividends, Coupons and Regis?
tered Interest; Depositary under Reor?
ganization or Adjustment Agreements.
Securities Department
Buys and Sells investment securities or
all classes and oilers in its daily and
monthly lists of investment recommend?
ations to investors such securities as we
buy for our own account.
Industrial Department
Is available in a consulting and advisory
j capacity to our clients who may desire
i?sasj advice and direction in permanent fi?
fi nancing, reorganization or consolid?t ion
?j of their properties with those of other
$?f^^9] corporations.
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Bankers Trust Company
Member Federal Reserve System
Downtown Office :
16 Wall Street
Paris Olfice:
16 Place Vend?me
Astor Trost Oftice:
Fl??h Avenue at 42nd Street