The Birmingham age-herald. [volume], February 17, 1915, Page 3, Image 3

About The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950

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I I
TO ADD THIS YEAR
TO GOLD SUPPLY
England and United States
Will Mine Nearly $400.
000.000 During 1915
TO HELP RETURN
OF CONFIDENCE
Croat Britain Has Already Shown
Willingness to Allow (iold to be
Returned From Ottawa to
the United States
Rt hoi.i,*\n
New Turk. February 16.-(Special,
j IVhen the European war situation is dis
I cussed, informally at least, by some ol
'l J those who are of authority in the linan
I cial district of this city, the statemeni
- is somtiime.^ made that if Germany oar
riea on the war until the latter part ol
1915 and then continues indefinitely tlu
government will be compelled to do wha'
Governor Chase did when he was Secre
tary of the Treasury, in Liincolns admin
istration. As a war measure justified b>
the needs of the federal government, in
caused to be issued paper money itnc
which Congress injected tl\e legal tendei
quality It was sometimes callted a forcet
•oan. When John Sherman was Secretary
of the Treasury he spoke of this issue ol
government paper money as not onlj
sufficient to provide the federal treas
ury with the funds that were needed, bin
| also as stimulating industry and trade
throughout the north.
Some of the experts have been looking
into the gold situation so far as the bel
ligerent nations, and the United States
as well, report the actual amount ol
gold on hand. They find it somewhat dif
ficult to get data which can be reliec
upon. Were the late Maurice I.. Muhle
man living, he would be able to supply
detailed • information respecting the golc
supplies of the world. The experts hav<
•been compelled to turn to the Unitec
States mint which, of course, gives ac
curate information respecting the gol«
supply of the United States. So far, al
©f the facts which have been obtainable
with reference to Germany's supply o;
I gold indicate that Germany, which car
' get no gold from the outside world, is
b • _
pir
an»
tra
PWv
inf
it s/me foorw£AR -
J, w—— mm ■ I .- w
Hill l»e closed all Wednesday ■
« * cuffing prices and preparing Cor I
(i The Greatest Shoe Sale in I
v the History of Bir- I
Imingham fl
ThonsandM of dollar**' worth of E
ShocM for men, women anil child- I
ren at &
Factory Cost
In the H
J Whirlwind J
\ Shoe Sale 1
| H hlch Urglun ip
Thursday
i Sm WKBBBt ' I
Loveman, Joseph & Loeb
Entertain Birmingham Women
At Clever Moving Picture Shozv
I
b Hundreds of women accept'd the
4 kind invitution which was extended by
that enterprising and progressive firm
I Loveman, Joseph & Loeb, yesterday to
! witness a demonstration on the ftim
j bound at the Lyric of the latest and
most up-to-date method "of eorsjt fit
I ting.
i The H. W. Gossard company, which
j makes among the best corsets in the
; world—a corset worn by the most
! fashionable of women and the most
j discriminating—-is responsible t jr the
j clever bit of advertising which they
j have pursued in exploiting this roods
j by means of the “Movies. ’
i That the photo-play has come to stay
j is illustrated more particularly by this
j idea than any other, since a firm like
j the Gossard company expends thou
’ sands of dollars in the making ot a
film to demonstrate their work, and
since Loveman. Joseph & Loeb accept
this means of presenting the merits of
the corset for which they are the ex
clusive agents.
Th«j Gossard corset, which laces down
j the front and is distinctive in this par
ticular. as w^ell as in many other ways,
is shown in many varieties and . tyles
on the film.
The nornial figure is fitted with the
Gossard corset; the large, weighty tig
ure is properly corseted; the -.way
backed, tlai-chested figure is drav r« into
better proportions by this corset'* lines
and curves., and the slender Woman
comes into her own by wearing one of
these well-made garments.
Everything is possible to th well
corseted woman; for that is the foun
dation for style, comfort and grace,
l one of which can be achieved with
out. first wearing a corset which fils
the figure.
Time was when a woman paid lit
tle or no attention in the selection ot
her corset; any sort of model would
do whether it fitted her or not. but now
I when comfort and "lines** mean so
| much to the modish woman, rot to
speak of real genuine comfort, she pays
| as much attention to the choice of *
pair of stays as she does to her bon
nets and shoes and gloves.
The Gossard corset as shown or. the
film yesterday presents a garment of
unusual beauty.
It is modeled for comfort as Well as
style and has achieved happy combina
tion most decidedly.
The demonstration is prettily ar
ranged in the form of a story entitled
"How Margerj Won a Career.’ and
relates how a young girl followed an
advertisement of the Gossurd company
asking for the most original ail l best
plan for fitting and selling th*ir cor
sets.
She at once began to make her plans
to enter the contest and found her
self an "easy winner,” and the corset
iere's shop showing the salesrooms and
the fitting rooms with scores of women
being “fitted,” makes an attractive and
certainly an interesting picture to the
feminine mind.
A stitch her*—a thread there—a..:<
the whole “line” of the corset i
changed by the clever manipulation of
the “fitter.” and long-waisted women
are made shorter w'aisted. and short
waisted women are made longer w aisl
ed and altogether the process »s most
alluring and attractive.
*flowr Margery Won a Career'* winds
up happily for everybody concerned
pointing the moral that women should
respect their corsetiere world without
end and also that when a girl is de
termined to “win out.” she can do it
t y sheer pluck and energy.
To Loveman. Joseph & Goeb tlie Bn
mingham women owe a debt of grati
tude for a very nice entertainment,
which was instructive as wrell as pleas
ing.
likely soon to be compelled to rely upon
paper money with which to meet the ex
penses of the government.
The recent change in the relation of the
United States to the outside world with
respect to the money market has been
emphatically demonstrated by the with
drawal of gold from Canada. The bal
ance of trade is greatly in our favor and
foreign exchange has recently touched as
low a point as it has reached at any
time sit ce our enormous exports of J9<»7.
There are two points of view from which
this recent movement of gold from Can
ada may be considered and both of them
are regarded as important to American
business interests. The first is that Great
Britain is willing that some part of the
gold which the United States sent to
Canada early in the autumn of last year
may now be returned to this country.
The movement will to some extent, in
directly at least, affect the payment for
some of the American commodities ex
ported to Great Britain. Whatever may
b* the amount that Great Britain will
permit to be withdrawn from Ottawa to
the United States it certainly will he
large enough to stimulate business con
fidence here, and it is the inspiring of
confidence that this country must now
mainly rely upon, in the opinion of the
best judges, for restoration of domestic
prosperity.
Still Keeping Our Securities
A not hei point of view which this niove
i ment of gold from < "amnia to the United
| States makes possible is the evidence it
furnishes that those in Great Britain who
p< ssess American securities are not at
present disposed to sell them. For a
few days, it is true, the evidences have
been plentiful that England is parting
with some of the American bond** which
investors in that country have owned.
But the movement is not large, and even
if it Were it would not greatly concern
American bankers. liad there been a
strong disposition, certainly a necessity,
for so doing, England’s investors in
yjtmerican securities would have sold
these in large amounts and in that way
payment upon the account of our export
trade with Great Britain could have been
made.
That the resources and power of the
r' Your Child’s
Cough
I Demands Attention!
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Dr. Bell's
Pine*Tar-Honey
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Inflammation. Made of Pure California Honey, Antiseptic and
Healing Pine Tar reinlorced with well-known expectorants.
|4 •. '
r
? p ‘
t ,
; i I ANTISEPTIC 25c., 50c. and *1.00 HEALING
HOItLVbNDfo
Thirteenth and Filbert Sts.
PHILADELPHIA.
wModett/boi/g/Soi/t: \
loi f/OJHELIKE IS/COJIf- |
ii
I
great financial institutions of Great
Britain are not yet called upon to take
such action as would prevent move
ment of gold from Canada to the United
states is regarded here as on* of the
best evidences that Great Britain is in
no doubt respecting her financial
strength. That is a feeling which will
gratify the managers of American in
dustries who are now almost over
whelmingly occupied in selling and
transporting American commodities to
Great Britain. There is reasonable,
ground for th«r>4nference that Great
Brltian feels abundantly able nn onl;
to finance its own necessities, bui iO as
sist through co-operation Franco and
Russia in meeting whatever demands
may be now made upon them.
The experts are of (he opinion that
Great Britain and the United States
are the only nations which may with
* onfidence rely upon such fresh sup
plies of gold from their mines in the
calendar year of 1915 as will go far to
ward maintaining healthful financial
conditions notwithstanding th* great
strain occasioned by the war. • »ne of
the estimates is that Great Giitain
many with reason rely upon nearl..
$300,000,000 of new gold this year. Two
thirds of that will come from South Af
rica, some of it from Canada. There is
now no danger that gold mining under
the British flag will be endangered by
the war. The estimate obtained appar
ently from our own mint 1s that the
United States will have fresh supplies
of gold from its mines, including those
of Alaska, in the present calendar year
of a little under $100,000,000. Therefore,
the United States and Great Britain
will presumably in the year 1915 add
about $400,000,000 of new gold to th
world’s supply. Germany can add no
r.ew gold, neither can France. Both of
these countries have heretofore been
compelled to obtain their gold through
commercial and financial transactions.
Russia cannot mine very much new
gold, although the expectation is that
awakened Russia after the war will de
velop her .Siberian gold mines to (heir
capacity.
It is the fact that the United States
and Great Britain together possess :i
stupendous amount of gold, and the
further fact that both nations, through
their financial authorities, will proba
bly perfect some arrangement by which
this gold can best be utilized in main
taining trade and. so far as England is
concerned, in assisting not only herself,
but her allies, which makes ;t certain
that no matter what figure oufr exports,
in money value, to Great Britain may
reach the transactions will be easily
financed and that, too, without any dis
turbance in the international money
markets, which is of the utmost impor
tance to American industry, other
problems than those arising from the
financing of our exports may be devel
oped, as, for instance, some occasioned
by the abnormal price quoted for
wheat. But the movement of wheal and
other grain, the unparalleled movement
of cotton now under way and the very
great movement of American manu
factured commodities are in no peril so
far as financing is concerned. How
healthful the situation is in Great
Brittian is demonstrated by th * fac*
that although the Bank of England is
now permitted by the government to
issue paper money without any gold
basis or, as the expression is. paper
uncovered by gold, nevertheless the
Bank of England notes today stand in
the same relation to gold that our own
gold certificates do. It is undoubtedly
this situation or condition which has
made it possible for England and lead
ing bankers of the United States to
come to an agreement whereby no
strain upon the financial relations of
either country will be occasioned no
matter how great the export of Ameri
can commodities may be.
GUNTERSVILLE
Guntersville. February 16—(Special.)
At tbe flrat annual meeting of tne stock
holders of the Guntersville Block mill,
which occurred today, a dividend of 10
per cent waa declared and a surplus
reserved for operation the plant. The
original officers wore re-elected as fol
lows: D. Isbell, president; W. E. Brad
ford, vice president and treasurer; C.
G. Fennell, secretary; 8t. Paul Brfght
weli, manager.
At their laat regular- meeting the
local camp of the Wood moil of tile
World had their annual hannuet at
Hodge's hall. There was much hilarity
and good humor and a bounteous feast.
After the dinner a speed by Senator
Cassius M. Jackson ot Jackson county,
Arkansas, was read.
✓
i.. r/!• • •* .v:. "^:
TO KEEP COPPER 1
Take Vigorous Steps to
Prevent Shipments of
Metal From Neutral
Countries
London, PVbmary (Correspondence '
of the Associated Press!—Admiralty of
ficials are taking vigorous steps to pro- 1
sent shipments of copper from neutral j
countries into Germany. There are sus- j
picions that considerable copper from
neighboring countries is going there.
Although Denmark has strictly forbid |
den its exportation to belligerents, it j
reported. Danish firms have sent much
[into Germany and the British govern-j
| meat Is somewhat concerned.
' At the opening of the war British or- j
ficl&ls believed Holland was sending cop
per to Germany, but recently the Dutch
regulations have bean changed and ship
ments now reaching Germany from Hol
land are believed to be inconsequential.
Norway has steadily maintained that it
was privileged to ship what copper it
produces wherever It chooses. Since the
v.ar Norwegian mines have greatly in
citased their output which normally *s
uQO Ions a year.
Use Norwegian ('opper
.Metal works in Sweden are said by
British officials to be using Norwegian
copper as well as copper imported from,
tlbewhere, in making an alloy of metal
suitable for cartridge shells wuich Is not
on the 11st of prohibited exports. This is
said to be *ent into Germany in largo
quantities and has been the subject of
many investigations on the part of Great
Britain.
One result of the controversy concern
ing copper has been the offer of many
mine owners in Norway to sell their prop
erties to the British government.
Spain's chief mines are owned by Brit
ish capital and their output has been
catefully guarded.
The foreign office has emphatically de
nied the charges of American copper
producers that English dealers have com
bined to control American copper des
tined for Europe which American firms
formerly sold direct to dealers in vari
ous countries. Officials say hardly any
copper has bedn exported from Great
Britain since the war began.
Italy's Import
!n normal times Italy Imports afoul
3KK> ton.3 of unwrought copper per month.
At the opening of the war the shipments
destined for Italy in one single month
aggregated 10,000 tons. Much of this eop
1 «r. nearly all from America, was de
tained at Gilbraltar. That was previous
to the British announcement of Decem
ber 5. that Italy had tightened its regu
lations concerning the re-exportation of
copper making it possible for shipments
tc go forward to firms not of German
affiliation.
Great Britain has been storing copper
in many of its leading seaports. Some
has gone through the prize courts and
some, not consigned to firms under sus
picion on the continent, has been bought
by the government at the. market pries.
Complaints htfYc been received from some
American shippers that copper comman
deered by the British government has not
jet been paid for.
APPROVE MEASURES
FOR COMBATTING
BUBONIC PLAGUE
W ashington, February 16.—Surgeon Gen
eral Blue of the public health service to
day approved measures for fighting a
bubonic plague outbreak In Havana, sug
gested by cable by Surgeon Giogerlo
Gutteras, who was sent from Key West
to investigate.
There have been three human rases of
tlie plague reported, all of them endini
fatally. according to the dlapatch from
Surgeon Guiteras. who added:
■Local sanitary measures are being
pushed actively. Recommending follow
ing measures in addition to those now
In force: All vesaeta for American ports
to be disinfected prior to departure, pro
vided that regular lines, if operating In
open bay or from a rat proof wharf, and
all antirat precautions taken, will bo
fumigated once a month. Freight cars
should be Inspected before being loaded
on ferry.”
The public health service ordered Dr.
Gutteras to put the suggested restrictions
Into effect and to employ six inspectors.
In addition, an expert freight inspector
will be sent from New Orleans to help
In the work. All freight ca-s for the
United States will be labelled and sealed
aftei inspection.
HUNTSVILLE j
Huntsville. Febraury 1C. --*(Special.)
Tom Stancell and Holly Coleman, al
leged ''moonshiners, ’ who were ar
rested on a recent raid made by rev
enue officere In the northern part of
Madison county, about a mile from the
Tennessee line, were arraigned before
Commissioner Greenteaf on churgos of
Illicit distilling. Both were bound over
to the federal gruud jury. Stancell's
bond Vas fixed at JbO'J and that of
Coleman at 1300. Both made bond im
mediately.
Judge Ed B. Almo-i, who will repre
sent the Eighth Alabama district in
Congress after March 4. is here on u
visit among his constituents. Judge Al
mon was recently in Washington and
said that he found that the members
of Congress, many of whom have not
been home in two years, dread the ex
pected calling of an extra sealon.
Miss Beatrice Phillips, daughter of
BherlfF Robert Phillips, and Sam Rice,
a popular young salesman of this i lly,
were married Sunlay night In tiro First
Presbyterian manse o> the Rev. Fran
cis Tappey.
C. F. Strlplin of the United States
department of agriculture has been en
gaged by the county commissioners of
Madison county to act as farm demon
strator for the year Mr. Strlplin, who
comes from Maryville, Tenn., will have
a noffice in the oou’ tboi'.re, where lie
will remain every Saturday for consul
tation with farmers. Pie will also de
vote one day each week to the Madi
son county high school at Curley and
the other four days of I ho week will be
spent in the field with the farmers. Hu
will endeavor to arouse more Interest
In the raising of cattle and live stock.
Watch Dirigible Maneovcra
Parle, February 18.—(Rtf p. m.i—A new
French dirigible balloon from the exten
sive government factoryt located In the
suburbs of Paris, successfully maneu
vered for two hours over the French
capltaf today. Great crowds watched
the evolutions of the airship which has
been named Pllatre de Rosier after the
famous a ere naot who 4ted la UK,
•
Birmingham, Ala.—Two Store?—Jacksonville, Fla.
Annnouncing the new spring
hat styles from KNOX
w_
JUST in and ready for your approval
are the new Derbies and Soft Hats from “Knox”
—which name is a splendid guarantee of smart, cor
rect Spring styles in “quality headwear” for men.
*
TN SOFT Hats there’s many TN DERBIES the skilled fin
a pleasing deviation from gers of master workmen
the average. New eolors are have wrought well. You’d
B. B. Green, Knox Blue, Knox scarcely feel the weight of the
Gray, Pearl, W. W. Gray and new featherweight flexible
other new shades. derby.
Everything Men and Boys Wear
1922-1924 , In the
ENGLISH NAVAL
CASUALTIES GIVEN
Hondon. February 16.—(6:4"> p m.)
Replying in the House of Commons
today to a request for details regard
ing the total British naval casualties
since the outbreak of the. war. Wins
ton Spencer Churchill, the fir 't lord of
tl*e admiralty, gave these figures.
Killed: .148 officers and 581^’ men.
Wounded: 45 officers and 352 men.
Missing: eight officers and five men
To this list Mr. Churchill said should
be added the casualties of the First
Royal naval division, which partici
pated in the defense, of Antwerp, which
’.ere: Killed, five officers and .16
men. wounded, four officers and 194
men j missing, seven officers and 868
men.
Interned, 39 officers and j.'a’-i men
BROADEN LIST OF
PROHIBITED EXPORTS
Kondon, February 6. (Correspondence M
Hie Associated Press.)—Recent addition*
| to the list of prohibited exports of Great
I Britain include many new articles ol
j possible use to belligerents in feeding
[ live stock. All sorts of beans, fish, meat,
ol. cake, offal corn and a score of other
products are now' in the prohibited list.
Rumors of a shortage of forage in Ger
many and the strict government super
vision there of possible food f >r domestic
animals have doubtless been responsible
for the extension of the list of prohibited
articles.
Indorse Administration
l-ansing, Mich., February 16.—Michigan
democrats nominated' by acclamation a
ticket for the spring election and indorsed
In most emphatic terms the administra
tion of President Wilson at. their state
convention here today. The platform
adopted commends the stand of President
Wilson on the ship purchase bill and de
nounced the republican opposition to thf
measure as being un-American ami
against. American prosperity. The plat
form pledged President Wilson the sup
I port of the Michigan delegation for re
nominated and re-elected.
Given Napoleon’s Belt
Paris, February 16.—(4.50 p. m.> The
belt worn by Napoleon at the battle of
Waterloo, which show’s his girth then
was 41% inches, lias been presented to
the National Military museum by Madame
Poilpot. widow of the military painter.
Panama Injured Recovering
Washington, February 16.—American
Minister Price at Panama cabled the
state department toda\ saying the 40 per
sons wounded In rioting at Panama w’orp
recovering. He identified the one man
killed as a Costa Rican living in Panama,
who probably was accidentally shot.
For Most of the Little Ills and Some of the Graver Ones
| REMEDIAL ■■■
[STOGEN
■■■ANTISEPTIC I
I
I An Invaluable First Aid in Sickness or Accident
'' ,. ' I"
1 FARM PRODUCTS INCOME
SUBJECT TO INCOME TAX
_
I
J Washington. February lt» income from
I farm products and crop share rentals
1 must be Included in tax returns of in
come for the year in which thc\ an1
.sold for monev or ;t money equivalent. n<
c« riling to a decision made public toda>
b\ Commissioner of internal Revenue
Osborn.
When farm products are held for favor
able markets, the decision says, no deduc
tion on account of shrinkage in weight oi
physical value or losses by deterioration
will be allowed. Cost, of stock purchased
for resale is an allowable deduction, blit
that of stock for breeding purposes i>
j regarded as capital invested, and not us
I an allowable deduction, except when sue!,
stock dies of disease or ia destroyed with
• out reparation by order of state or fed era
I authorities. ('oat of tools may be dc
j di eted but noi that of farm machinery.
( A "reasonable allowance for deprccia
; — .. . .- -
lit p" wili he i Mow ed In (arm buildings
oilier than the owners dwelling-, on farti
machinery und* other physical property.
A person uhivating or operating .
far mfoi recreation or pleasure on >
' I asis other than the recognised principle:
of commercial farming, the result o
which is a continual loss from year t«
year, the decision adds, "is not regardec
as a farmer, fn such cases If the ex
polities incurred in connection with tin
farm are in excess of the receipts there
from, the entire receipts from sale o
products ma\ he ignored In rendering t
return of income and the expenses in
currcd being regarded as personal ex
penses will not constitute allowable de
duetions in the return of Income dorivei
from other sources."
Children Cry
FOR FLETCHER’S
OASTO R I A
11
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