Newspaper Page Text
I CARSON CITY DAILY APPEAL, MONDAY, JULY 25, 1921 The Carson City Daily Afrpeali PUBLISHED EVERY EVENING. EXCEPT SUNDAY, BY THE NEVADA PRINTING COMPANY T. D. VAN DEVORT Editor and Manager INSURANCE ANNUAL STATEMENT Entered at Matter of the Second Class at the Postoffice at Carson City, Nevada, under Act of Congress of March 3, 1879 One year by Carrier One year by Mail TERMS OF SUBSCRIPTION $12.00 9.00 Carson City Daily Appeal is the real live advertising medium of this section as evidenced by its carrying a larger amount of advertising than any paper it the city. "BETTER LATE THAN NEVER" Of the Dixie Fire Insurance Company, 125 South Elm Street, Greensboro, North Carolina, for the Year Ending December 31, 1921: Capital (paid up in cash) .J$ 500,000.00 Assets 1,737,321.96 Liabilities, exclusive of capital and net surplus 982,345.41 Income Premiums . .$ 1,103,927.65 Other sources 78,876.81 Total income, 1920 .$ 1,182,804.46 Expenditures Paid policy holders .$ 361,034.69 Dividends 29.949.00 Other expenditures 423,272.48 For months and months, though they have known to the con trary, the Republicans have permitted the impression to gain cur rency that the Wilson administration had had an understanding with the Allied nations that their indebtedness to the United States would be cancelled. This was denied time and again from Democratic sources, but never by the Republicans, though many of their senators possessed facts that proved the charges unqualified falsehoods. It is true that Great Britain had suggested cancellation to Presi dent Wilson, but in his replies to the suggestions he turned the prop osition down flat. The letters containing his refusal were turned over at the time to the Republican foreign relations committee, as were also letters written by Secretary Houston to English authori ties on the same subject, but they were put on "secret hie" and kept there. It would not do for the country to know what Wilson had done. It would disturb the Republican program, especially before election, when so much talk was made that Wilson was a better ' Total expenditures. 1920..$ Business, 1920 Risks written Premiums thereon Losses incurred .... Nevada Business Amount of risks written..$ Premiums received Losses paid Losses incurred : Amount of said policies.. E. G jl5-lw 814.256.17 $187,348,182.00 1,775,5746 444205.69 43,797.00 487.67 .53 .53 43,797.00 MICHAELS, Secretary. INSURANCE ANNUAL MENT STATE- Of the American Eagle Fire Insurance Company of New York City for the Year Ending December 31, 1921: Uritsher than an Amercan. However, whether the Republican senators became ashamed of their action or not, they have finally done what they should have done months ago made the letters public by reading them openly in the senate, and on motion of Senator Lodge ordered them printed in the Congressional Record. The letters are rather lengthy, covering a multitude of circum- Other sources stances, but the essential facts are contained in the following para- J potaj grapns: (From Secretary Houston to the English secretary of the exche quer) As to the general cancellation of intergovernmental war debts suggested by you, you will, 1 am sure, desire that I present my views no less frankly than you have presented yours. Any proposal or movement of such character would, I am confident, serve no useful purpose. On the contrary, it would, I fear, mislead the people of the debtor countries as to the justice and efficacy of such a plan and arouse hopes, the dis appointment of which could only have a harmful effect. I feel certain that neither the American people nor our congress, whose action on such a question would be required, is prepared to look with favor upon such a proposal. Capital (paid up in cash)..$l,000,000.00 Assets 479,175.81 Liabilities, exclusive of cap ital and net surplus 2,360,648.99 Surplus 918,526.82 Income Premiums $2,693,228.96 220,304.02 income, 1920. $2,913,532.98 .expenditures Paid policy holders 41,147,066.62 Dividends 140,000.00 Total expenditures, 1920 $2,517,057.41 Nevada Business Amount of risks written $ 26,207.00 Premiums received 77.34 Losses paid 00 Losses incurred 3.90 Amount of said policies 26,207.00 ERNEST STURM, jl5-lw Secretary. FOR SALE (From President Wilson's reply to the prime minister of Great Brit ain) The secretary of the treasury is authorized by United States law to arrange for the conversion of the demand obligations of the British government into its obligations having a fixed date of maturity, in ac cordance with the agreement of the British government to make such exchange on demand contained in its existing obligations. In connection with such exchange the secretary of the treasury has authority to ar range for the postponement of interest payments. No power has been given by the congress to anyone to exchange, remit, or cancel any part of the indebtedness of the Allied governments to the United States represented by their respective demand obligations. It would require congressional authority to authorize any such dealing with the demand obligations, and, as stated in the letter of November 18, 1919, from Mr. Rathbone to Mr. lilackett, of the British treasury, the congress has the same authority to authorize any disposition of obligations of the Brit ish government held by the United States, whether represented by de mand obligations or by obligations having a fixed date of maturity. It is highly improbable that either the congress or popular opinion in this country will ever permit a cancellation of any part of the debt of the British government to the United States in order to induce the British government to remit, in whole or in part, the debt to Great Britain of France or any other of the Allied governments or that it would consent to a cancellation or reduction in the debts of any of the Allied govern ments as an inducement toward a practical settlement of the reparation claims. As a matter of fact, such a settlement, in our judgment, would in itself increase the ultimate financial strength of the Allies. Any arrangements the British government may make with regard to the debt owed to it by France or by the other Allied governments should be made in the light of the position now and heretofore taken by the United States, and the United States in making any arrangements with other Allied governments regarding their indebtedness to the United States (and none are now contemplated beyond the funding of indebt edness and the postponement of payment of interest) will do so with the confident expectation of the payment in due course of the debt owed the United States by Great Britain. Handsome coat and skirt: medium size ; too small : cost aou, sell lor ss. Address "B", Appeal office. J23-lw Two Kinds of Women We know a woman, who when she needs to purchase necessary things for the home or the family puts on her shopping costume, dabs a bit of powder on her nose and sallies forth. street She shops one here and up , there chases and and down another hunting and h-u-n-t-i-n-g. When she gets a -.w's,v! home she is j z y and j-a-d-e-d. She feels all mussed up mentally z and physically. We know another who has learned the art of reading the adver tisements before she starts out. She finds out what she wants and where to get it. Then she goes straight down j. : . . town , - : and right to the store that has IT. In this way she saves time, money and effort and comes home fresh as a daisy and ready to get friend husband a good dinner in stead of taking him to the cafeteria. Which One Are You? TOPICS IN BRIEF The world expects a financial revival. Billy Sunday should be hired to officiate, as he is about the best-known financial revivalist. w m Congress has discovered after more than years that the war is over, uive it time, it may yet nnci out mere was a peace treaty. Newark News. And so Bergdoll is to marry. The guilty may go unpunished for a time, but retribution falls on cm like a ton of brick soon or late. Baltimore Evening Sun. We suppose Chief Justice Taft will plunge at once and with reat enthusiasm into the duties of the supreme court vacation. Col umbus Ohio State Journal. The offering of a $1,000 prize for the person who does the most lor Philadelphia in a year sounds like a great chance for an alarm clock company. Washington Post. Chairman Fordney's spirited defense of the tariff bill seems to be that it's not much worse for the consumer than the Payne-Aldrich law was. Columbus Ohio State Journal. Another thing that somewhat cheers the ultimate consumer on his weary way is the reflection that the shoe men have to buy coal md vie versa. Columbus Ohio State Journal. Places and Distances From THE HENRY FORD WAY The Ford Motor company in a statement filed with the Massa chusetts commissioner of corporations, says the New York World, re ports total assets of $345,1-40,557 on April 30th, compared with $306, t;95,109 a year ago. Profits and loss surplus increased from $165,- 679,132 to $182,877,696, and cash and debts receivable from $62,499, 027 to $86,965,165. This is a curiously prosperous showing for a corporation to make in a year of business depression. How was it done? The Detroit manufacturer, as is well known, is a dreamer and a visionary, but there is nothing very visionary about a $38,000,000 gain in assets in a bad year. Perhaps Henry Ford has a secret method unknown to other cor poration heads, but it would appear on its face to be only the secret of a commonsense' application of business principles. He was one of the first automobile manufacturers to cut prices and he made the best of the depression and overcame it. No doubt a manufacturer who can make a profit out of adversity possesses genius. But the example is there for any one to emulate. The way to re adjust business to the new conditions is to readjust it and have the thing over. That is the only magic needed. CARSON CITY. Glenbrook Lakeside Bijou Al Tahoe '.. Meyers Station . SUMMIT Echo Phillips Strawberry Eyburz Silver Fork White Hall. Riverton Pacific House Fresh Pond Sportsman Hall.. Camino.. Smith Flat.. Distance 0 IS 2sy2 27.2 30 40.8 42 43 46 51 61 62 69 71J4 77 78J4 84 88 . 91 Alt 4,680 6,250 6,250 6,250 6,250 6,360 7,830 7,500 7,000 5,700 4,750 4,700 3,500 3,300 3,400 3,400 3,600 3,000 2,250 PLACERVILLE 94 1,830 Diamond Sprints 964 1,793 El Dorado 100 1.610 Shingle Springs 105 1,425 Folsom 122 198 Sacramento 140 32 jtfilS? vVi il 11 APPEAL ADVERTISEMENTS are read by people who buy. HEGAN Ideal beseh mort for reflssi of moderate sims ft. Easily reached by train or auto. Ko fancy clothes needed. AcommodaUons to fit the purse. Quarters fully equipped for light housekeeping ; stores and garage on grounds. Excellent, safe bathing beach. Make reservations sow. Illustrated circular by retura mail. iMlH -Sl-VtS The country has been dried and found wet. Why a tireless cooker when we have a July sun? ' "What the United States needs today is markets, not tariffs. "The proper length for a skirt," a movie star suggests, "is just above reproach." oc If you have a real kick on any local condition file it with the Greater Carson club. With sunshine 320 days in the year is it any wonder that Carson boasts of its health-giving attributes. But who outside of the town knows it T Is it not worth advertising? Complaint is made by the manager of a near-by resort that he was refused permission to put up a sign-board at the free camping grounds indicating the character of his wares and the location of his place of business. Reserving comment on the alleged refusal, would it not be a good idea for the said manager to announce to the public what he has through the local papers. THE EM ORU liU Carson City, Nevada New Goods Arriving Daily at the Lowest Cash Market Prices at The Emporium. Styleplus Suits, Palm Beach Suits, Pajamas, Silk Shirts, Hosiery, Munsing Wear and Chalmers' Underclothing. Boys' Khaki Shirts, Men's and Boys' Bathing Suits. White Hand kerchiefs, 10 to 50 cents each. Boys' Suits, Boys Knicker bocker Pants. Underwood Typewriters ED 0c, 36 W. 2d St. Phone 492 THOS. HUSTON, Nevada Representative See Beno Ads and Clearing Sales Prices, Then Oet Our Regular Prices and Convince Yourselves. A. COHN, President DRUGS... KODAKS and PHOTOGRAPHIC SUPPLIES FACE POWDER TOILET SOAP HASS CANDIES tf . A. Muller N trad Just Received A nice line of Organdies, Silk c. ' r i i r A oil V UIIC3, X U1I&CC3, Ginghams, White t Cretonnes, f Serges and China Silks. GEE H1NG Wood, Coal 8C Feed Yard When you want Coal that burns and leaves no clinkers Phone 1-5-1-1 We will supply your wants JOHN RUBKE CARSON, NEVADA The Appeal for Late World's News