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WEDNESDAY, SEPTEMBER 22, Ana,
AlE NEW; EXCESS PROFITS TAX IN DISFAVOR SLI m REPORT Former Secretary oflnterior Discusses Housing Situa tion, High Living Cost, Labor Shortage, Etc. WHO IS CORRESPONDENT? Franklin K. Ine wired hi Mem- fhi oorrepodent for a brief out Ine of the local situation. The fol lowing I" Hie n-ply ho received: MemphK Tenn.Rulluing op eration! decrenslnB; there Is evi dence of unemployment nmoiiK skilled workmen, in building trade. The wholesalers and retailers re garding with watchful misKlvinics the prospects for fall and winter. The sentiment i ajralnst the ex cess profit tax, favoring the tax on volume of sales. It Is stated extravagant overbuying has been mostly among the serving clas.n t, who have been overpaid and under worked. Koreltm relations, indus trial questions and taxation will Influence the voters this fall. H is expected that the terrltorv will go IVmoeratlo for president and suli ofrleers. The sentiment for pub lication Is Democratic, although confidentially the sentiment Is lie manufacture, rather than from the re tail centers, and is for low -priced aweuinrs. iiutlding construction is in creasing Id New England, but the bulk of the construction la of factories, warehouses and store. New York. I'ennsylvanla and mdfct of the other great industrial states of the Kast and Middle West show a fulling off fo build ing; operations. There la improvement In the housing situation in Southern and Pacific coast industrial centers, with special emphasis on the erection of workmen's homes. ; "In no section of the country did the Investigators find sentiment in favor of government ownership of the railroads; and everywhere better transportation conditions are reported. "Agriculture is generally recognised as the backbone of the country, and the farming situation Is excellent; from no section has an unfavorable report been received, our farmers appear every where to be in too happy a mood to permit at this time the cynicism, 'the farmer Is always grumbling.' They are well supplied with funds from the sale 01 this year s crops, but iney-ere wise in that they know that more favorable marketing conditions can be created. "The recent drop in grain prices Is reported to have had no effect except in the Kocky mountain states. Farmers of Illinois, Indiana, Michigan, Wisconsin and other centrul states are withholding grain. Money Is Tight. BALTIMORE. Md , Sept. 12. Frank lin K. Lane, former secretary of the In terior, today Issued a summary of what be calls "the first comprehensive, carefully-made and approximately accurate picture of Industrial, agricultural, finan cial and political conditions throughout the United States." It discovers in the foreground, he fays, that both major political parties have overlooked the greatest Issue in the public mind, which Is the cost of living. It also sbws, he states, that the country Is on a sound economic ba Is, with the wave of extravagance sub siding, saving Increasing, wholesalers and retailers optimistic ovr the winter outlook, and a growing disposition for bard work, although the Individual pro ductivity of labor is not yet showing much evidence of Increase. Mr. Lane's statement summarises a survey made through 900 field represen tatives of the Fidelity and Deposit tym pany of Maryland and covers everv sec tion of the country. Manufacturers, merchants' chambers of commerce, bankers, lawyers, business men and fsrmers were questioned In the effort to mirror the immediate economic nd political situation and obtain a consensus of representative' opinion as 1o the future. The reples from all lo callties were made simultaneously by telegraph. In a preface to his analysis of the survey. Mr. Lane savs: "With the presidential election but ' six weeks away and the winter rapidly approaching, many thoughtful people stand hesitant and undecided, having i difficulty because of the general lack of knowledge of business conditions out side their own locality or Interests. The general tendency has been to see what the next man thinks, with the uncom . fortable feeling that his guess is no better than another's. I believe for this reason, the picture, presented In the tabulated analysis made bv the Fidelity and Deposit company. Is of interest to every business man and other voter. While It la not, of course, perfect In de tail and exact In prophecy. It is as clear and valuable a conspectus of pres ent conditions as can be gathered." Under the heading of industrial con ditions, Mr. Lane says: "Economically, the United States Is snown to better off than any other oountry In the world. There Is no evidence of Idleness. Our . people' have the opportunity to work and are at work. "There la no shortage of raw material sufficient to curtail production reported from any of the nine geographical dis tricts Into which the country was di vided for the purpose of the survey. Only In the district including Minnesota, the Dakotas, Iowa, Kansas, Nebraska and Wisconsin In there evidence of a Jack of orders. New England Industries report a number of cancellations, but there, as elsewhere, manufacturers ure well filled with calls for their products. "Transportation conditions are Im proving everywhere and a substantial reduction In the freight car shortage Is reported In every district except In the Rocky mountain states, In the ' Pouthwest and In the district including Kentucky. 'Tennessee, Alabama and Mississippi, although an Improvement Is : noted In the latter district. "A shortage of coal and the failure of labor to Increase Individual produc tivity appear to be the only two unfa vorable aspects In the Immediate In dustrial situation. The Kooky moun tain and Pacific states report a suffi cient supply of fuel. All other sections of the country are- feeling the shortage, but It Is apparently leu.it felt by the South Atlantic states. Wages Higher. "Although labor is enstimr still more f--tia.n. It did last year. It apparently Is prouucing no more, wages nave au vanced from 10 to BO per cent In the last 12 months, and yet nowhere Is there reported Increase in productivity per man. I am not expecting that the cost of labor will fall off even In the worst of times to Its prewar stage, for I be lieve that the real differential between directing manual labor n'lli never ugaln lie as gerat as it has been. "So fur as the distribution of labor Is concerned, the situation naturally appear to be well e'fuallti'd. A short age of labor Is found only in the Middle and South Atlantic states and this I largely of unskllliwl workers. In the rest of the country the demand and supply appear balanced. Only in some lection of the Middle Atlantic Slates Is any unemployment reported and this Is in certain of the skilled trades, chief ly the building and shiluilrilng trades. 'An lmtiortHnt disclosure of the ur- i vey it the o-riousness of the housing situation, In many of Hie larger In- I dustrlul sinters here (he shorlnge hah i been most nei". t).t, inveKtigat ion of ' the Fidelity ami Deposit company lias I disclose! huilding operation t,, he tie- I creitsing Instead of 'ncretng. "The rati for h'ulti itcs emncs loud- ' est from the in. is' -.--senti.il places of 'In the financial field, money la tight. That may mean several things: first, that the people want money badly lo put into producing activities; second, that the banks attempt to get what ever traffic will bear, shearing closi to the skin; third, that there is an In adequate supply of money; or, fourth, that those who have money lack confi dence. "There are other reasons, no doubt, and among them that as the dollar now buys less than heretofore, people with money wish to charge more for the service that money gives. No one can accurately say which of these causes is the most Important factor, but prob ably all contribute to the present sit uation. "The telegraphic reports from every section of the -country state that the banks are well loaned up, although money is available In the Kast and cen tral district at from I lo I per cent Interest. The Southwest,. Kocky moun tain and Pacific states report the high est Interest rates, averaging from 8 to jn per cent, and In the mountain dis trict as high as 12 per cent. "There Is great encouragement, how ever, to be drawn from the fact that In only one of the nine geographical divisions, the Kocky mountain, has there been a decrease In bank deposits during the last six months. While the general Increase Includes corporation deposits, individual savings accounts show a more marked improvement ev erywhere. This Seems to show clearly that the orgy o spending anu exirava vance is over. "Discounting of bills by Industrial concerns Is universally reported. &i cent In the Middle Atlantic, Southwest ern and I'acific coast states, manufac turers appear to be carrying large amounts of customers' paper. In Bad Favor. ! "The country does not Ilka the pres ent taxation system. The excess prof its ta is In bad favor everywhere. Opinion is divided, however as to a substtlute. In the East and Central West, sentiment runs strongly for a sales tax, but elsewhere, opinion as to a substitute Is divided. ' "We are not yet masters of the art of distribution of products. The fact that the farmers uniformly report a desire for some co-operative method by which their products ean be brought to consumers means that this problem Is of the greatest Importance. But It Is not for the farmers' benefit primarily that such a movement must quickly culminate In action. The consumer feels that somewhere between the farmer and himself, too much la taken for a service of comparattce insignifi cance in contrast with that which the producer hirasnlf renders, i "The farmers apparently are not alone- In desiring co-operative action. The survey shows opposition to co-op-rratlvo movements only in the New England and Pacific coast districts. Sentiment is divided In Ohio, Illinois and the other North Central Western states, but favorable In the Middle At lantic, the South Central and the South ern states. "Politically, the replies Indicate that It is too early to tell what the outcome of the November election will be. Tnree months ago, there was a stronger Re publican sentiment than there appears to be now. The trend has been, and Is, Republican. What It will be In Novem ber these gentlemen do not prophesy. "The large outstanding fact devel oped by the Fidelity ana Deposit com pany seems to be that the greatest is sue in the public mind is being over looked by the campaigners the high cost of living. I think this conclusion might be well justified, but the blame should not be cast uponathe producer, and certainly the farmel has not re ceived his share of the wealth which he creates. "The cost of living and foreign rela tions seems to be the main issues. Tax ation and Industrial relations also oc cupy a place In the general political thought. Least Interest appears to be shown in the railroad policy of the present administration, radical move ments and prohibition. "It is clear that the country la on a sound economic basis, and there Is generally a spirit of confidence in the future, regardless of the outcome of the election. "The business putlook appears to be good In every section. Wholesalers and retailers view the fall and winter optimistically. The retailer is finding that the consumer Is looking forward without fear to the winter, and his pur chases from the wholesaler are founded uiHin the optimism. From the simple toiler up through the tradesmen to the Industry and the financier there runs the connected feeling of confidence" WILHELMINA ANNOUNCES PLANS FOR BIGGER ARMY THE IIAOI E. Kept. 22. Queen Wll helrjiina, at the opening of parliament yesierd iv, paid the relations of the Netherlands with foreign countries had been maintained in a generally satis factory manner. The situation In Eur ope, however, was uncertain, she de clared, and the prospects held out by the league of nmlons with ngard to the future relations of the various states had not been realised. Under these circumstances, she added, measures for reinforcement of the active .ores of HoHsnd would be adopted, while the pressure of military si rwee iti'lii'ldnally and financially wtu.M be lessened. Tie uueen announced a partial re vismn of the constitution. US P! J! WARNING! The name "Bayer" is the thumb print which identifies genuine Aspirin prescribed by physicians for 20 years and proved safe by millions. SAFETY FIRST! Accept only art "unbroken package" of tenuine "Bayer Tablets of Aspirin," which contains proper direc tions for Headache, Earache, Toothache, Neuralgia, Colds, Rheuma tism, Neuritis, Lumbago, and for pain generally. Strictly American! ilaady tin boxes of 12 tablets cost but a few cents Larger package. Vsairla lata trade mark at Bayer Maoaf aeture ef atoaoeeetleaeldestar at PnlWr'lTaeH , 0 ' , ' : .. RADICALS IN MINE UNION ARE DEFEATED Conservatives, Headed by Lewis, Win Nominations. INPIANAPOIJS. Inrf.. Hept. 12. The radical element In the I'nlted Mine Workers of America has failed In its efforts to win the majority of the nominations for national officers of the organisation, it was announced at the offices of the union here last night. The board of international tellers announced that I'resldent John I.. Iwls. conserv ative, had been renominated bv a vote of .'6 to 44 over Uobert H. Harlan, of Washington, for International presi dent. Vice-president 1'hlllp Murray, of Pennsylvania, defeated Alexander Mow at. of Kansas, for the nomination for International viv-preiHent, 7411 to 667. William Green. International secretary and treasurer, was renominated without opposition, receiving- the Indorsement of 1,-16 local unions. Each of the nearly 4.000 local unions of the organisation has the right to matte nominations, said the announce ment. The fight against Lewis and Murray was bitter. It was stated, espe cially that In behalf of Howat. "The radicals Inside the organisation were assisted by extreme radicals from the outside in the hope that control of the I'nlted Mine Workers might be seised by the radical element," said the statement in conclusion.. Connecticut Votes Again On Suffrage To Make 0. K. Sure HARTFORD. Conn.. Sent. 22 Con necticut, through its general assembly. Ute yesterday, rntltied the federal woman suffrage amendment. In a spe cial session convened by Gov. Marcus H. Holcoim for that nurimse. The sen ate first acted on a certifed copy of the federal amendment sent from Wash ington, ratifying 25 to J) and the house concurred by a vote orM'J4 to 9. the legislature passed s week and whUh act- S SCIMITAR. - Before It adjourned the adopted the resolution pa ago at a special session an Ion the governor reiusea to reoognite. This was done to make certain the legality of ratification, because no Joint resolution accompanied the certified copy of the amendment sent In yes terday. The senate vote on the reso lution yesterday was the same as Its previous vote 25 to 0. The house had adopted the resolution, 169 to i. and Speaker Walsh, for the third time in eight days declared the lth amend ment ratified by Connecticut. Cheers greeted his announcement of ratifi cation on the certified copy, and later, when he emphaslsedLhe "'third ratifi cation by Connecticut," laughter min gled with the cheers tof the members and spectators. The session of last Tuesday was called to alter the ''election laws to conform to the new order f things. Most of that business was done yesterday, to which time last Tuesday's session-stood sojourned. Negro. Denies He Admitted Crimes f0f Murder And Assault CHATTANOOGA, Tenn., Sept. 22. Taking 'he stand late this afternoon Taylor Neal. a negro youth accused Jclntly with C. J. Jackson, another yomig negro, of the murder of Abe Baron, well-known young white man, snd attempted criminal assault on a girl cotpnanion, denied In toto that he had confessed the i-rime, as claimed by the police. The defendant testified that city detectives ha, threatened him in an effort to make liim sign a confes sion hut that he had refused, although a document bearing his signature was produced at he trial. The crime for which tho negroes are on trial was unusually brutal, young Baron being killed in cold Blood wnen 1 e stopped it the outskirts of tho city one night last month to put up tho curtains on his automobile. Follow ing the kilHng an attempt was made to assnult a .young woman who accom panied uaron. Read News Scimitar Wants. TELEGRAPH BRIEFS PHILADELPHIA. Dr. Eric Doollttle, distinguished astronomer, Is dead. He was director of the Flower obsenratory of the University of Pennsylvania and regarded as an authority on double stars. COLUMBIA, S. tlon of Charlotte, C With the aelec- N. C. as the next meeting place and the election of Clar ence K. Carpenter, of King's Mountain, N. C, president, the veterans of the list (Wildcat) division closed their first annual reunion here. NEW YORK. A nation-wide cam paign among citizens of Italian extrac tion In behalf of the Republican nomi nees for president and vice-president was decided upon tiers at tffe .national conference of the Italian-American Re publican league. CHICAGO. Frank B. Willis, Repub lican nominee for senator from Ohio, and William G. McAdoo, former secre tary of the treasury, are scheduled to make political speeches before the Po litical Equality League of Chicago at a meeting here Oct. 2. McAdoo will interpret Democratic Issues and Willis will answer him. ' NEW ORLEANS. Monthly steam ship service between New Orleans and Braxll was assured when the Brazilian government notified the local agents of the Lloyd Brazlllero line that the Maranguape, Campos and Uberaba, passenger-carrying steamers, had been al lotted to the New Orleans-Brasll trade. JACKSONVILLE.' Fla. Bonds of the Cumberland Telephone and Telegraph company, Nashville Light and Power company and Anglo-French war bonds, valued at $18,000, recovered through the arrest In San Francisco recently of Jem Smith, 21, and Charles Guthrey, 16, are the property of R. P. Daniel, Jr prominent attorney of, this city, police announced. CHICAGO. After paying' all expenses and taxes and declaring dividends to taling $9,699,800, the Pullman company had 83,313,709.11 left from the .year ending July 31 to apply to Che surplus MOTHER AND BABE r I ILE trvine ordeals of J maternity axe usually compensated for by the beautiful little cherub that comes to make home bright and happy. The first years of life are the period of greatest sickness and the highest death rate. It is due to causes that could be avoided. The reason why so many women sink under the strain of motherhood is be cause they are un prepared. Is prepa ration then required for motherhood? asks the young woman. And every experienced mother answers 'Tes." "Take Dr. Pierce's Favorite Prescription that standard tonic for women which is made from native roots and barks without alcohol" Most yotmg mothers find themselves with their first baby in their arms with little knowledge of , how it ought to be cared for. Fortunate is the babe born to a healthy, happy, sensible mother who welcomes its arrival and gives up her life and her all, for the time being, to mother hood. As a mother, iier duty and her instinct should teach her to take great care of herself previous to baby's coming. The state of her health and all her habits of life, eating, drinking, sleeping and exercise, should be her constant care, as well as impulses and emotions of fear, anger, jealousy, etc. should be carefully guarded against. The mother, young or old, should make the best of her lot. If she can be in the country, close to nature, where she can see the beautiful fields and trees, it would be ideal for her repose of mind. No prospective mother Bhould be without some good doctor book, such as Nursing in the Home, by Dr. L. H. Smith, which any one can obtain by sending $1.00 (or stamps) for a cloth-bound edition, post paid, to Dr. Pierce's Invalids' Hotel, Buffalo, N. Y.x This gives good advice for women, young or old, and for every one in all conditions of life. What Ready To Eat Cereal Should You Buy? If it's flavor you want if it's moderate cost, or full nour ishment without waste; if its ' quickness of service By all means try a package of that "Sugar -Saving Cereal iFris famous wheat and malted barley food has every good feature a prepar ed cereal food should have, and more than most foods. Grocers Everywhere Sell orapeNuts 7heres a Reason Made by Postum Cereal Co.,Inc,Batt3e CreeKMich. ft "Smm ITS?' fund, . the annual report ahows. The total net revenue for the year ' waa 14,51.T7t M. SAN ANTONIO, Tex.-tThe Third In fantry, known aa the oldest regiment In the United 8 la tes army, with a rec ord of achievement dating back to 1794, celebrated Ita 126th anniversary of or- ? animation at Its headquarter! at Camp jigle Pais, on the Texas-Mexican bor der, i . . , . CLEMENCEAU TO HUNT. , PARIS. Sept. II. M. Clemenceau left Paria yesterday for MaraelUea. where he will embark for India. The former premiere will spend several weeks hunt ing In the Himalayas. PARIS. Walker D. Hlnes. the American arbitrator In the warterwaya' question, has been, accepted by Ger many "In the Intereat of peace and the speedy reconstruction of Kurope." Ger many had protested against appoint ment of Mr. Hlnes on the around that he was a cltlxen of a 'country with which Germany is at war. LONDON A Teheran, Persia, dis patch to the Pally Mail reports that the Bolshevik! have completely evacu ated the Important Caspian sea port of Baku. ' Shot From Ambush; . Brother-In-Law Is ChargedWith Crime KNOXVILLE. Tenn., Sept. 22. Vard Stoned pher was shot and instantly killed near his home, at Petros, and Dave Jones Is In jail here charged with murder. It Is reported that Jones shot Stonecipher from ambuah with a shot gun. Jones and Stoneclpher are brothers-in-law and bad feeling has existed between them for several years, it is saia. INSPECTS JACKSON GUARD JACKSON, Tenn., Sept. J2. (Spl.)- Adjt.-Gen. E. B. Sweeney of the na tional guards of Tennessee was In Jack son Tuesday night to Inspect Company I, local national guard unit. If someone told you- "Drink coffee if you wimt a good night's sleep" would you dp it? JNb! But you could saiefy drink instead of cdffee without having your rest disturbed "There's a Reason, Bfdver 's Best Bargain For Tomorrow Don t overlook this real sale featuring for one day only our $65 and $69.50 New Fall Suits and Dresses at $49.50. Seeing is believing you don't have to take anyone's word for it they are all here, ready for your selection tomorrow. IMPORTANT NOTICE! Mr. Braver will personally fit every garment it must be right or it won't go out. , Fall Dresses Worth $65.0O-Atv Wonderful new models in tricotine so graceful and charming either modest ly trimmed or exquisitely embroidered. , Smart Suits $69.50 Value At $49 jo Lovely Fall models devel oped in Silvertone, Crystal cloth, Velour checks and novelty suitings beauties, too for $49.50. YOU SIMPLY MUST SEE THEM I 125 Madison Ave. 125 Madison Ave. All Nash Models Are Now Equipped With -Cord Tires The ability of the big Nash organization to offer unusual values is again indicated by the adoption of cord tires as Standard equipment on all Nash models, both open and closed. This extra value is made possible only because of efficient' factory methods and volume production, which result In unusually low manufacturing overhead. Cord tires insure extra mileage.depend able service and added satisfaction and , are in keeping with the high standard of every other detail embodied in the building of Nash Passenger Cart. Fir Towrioi Cas, $1693 Two Pnir RoadiHr . . . $li Sport Modml. JlStfO" Touring Car . fldTt Fear - Pfmlr Coup $9469 BUm $3i9i Prttm it a. . Kmmlm Memphis Nash Motor Co. W'holrsalo Department, 282 Union Ave. Retail Department. 754700 Union Ave.