Casper Daily Tribune Newspaper, December 26, 1923, Page 10

“ = it ne i! AGE TEN. public it eNminates him as A moves him complete s a possible it mi t riv McAdoo for the support of progressive-liberal group in the c y for the presidential nomina- q This is expected to increase MecAdoo’s str » in the conven- f tion, ¥ aa 5. It stamps President Coolidge 1s “safe” in the estimation of a congenial critic of things-as-they- ure. if not in the view of those for iL L | whom Ford sometimes speaks. And of cé its lighter aspects, Srenl Fak it does not impair the advertising re ° value of Henry Ford in_ politics. fmnends Claim Recent! there have been those who saw, oF “ thought they saw, shrewdly selfish “ tive k of Ford's whole interest, Statement Cames |: sph aye ight or not in this esti such toa aitten ected that ming an ® k 1 possibly in Ford's best} wore a wry twisted smi . it was doubly effe news came in ve. But {t has done more thar haps of the gre ir up the animals” and empha-| significance is the prospect that the @ once more the uncertainty in| Ford statesmen will s d's makeup. had a very |idge in the west. M finite rea ical circles,| particularly strong with th republican democratic. |ers and industrial its full signi |Ford strength centered ppar and may jeatern industrial districts « © preside 1 t shape. al campaign, ing hi —the eleme represent. Great Boost. | THEODORE A SHIN HUNTLEY | IN, De are the full meaning Politi Ford statement as of paramount sig- cement that Coolidge election. _It prayer annou nifican President dict and mb in a still gathering up| ment to £ manufactt It hampers Hiram Johnson's already lagging, depriv- im of his chief stock in trade unrest and discontent of the nts Ford has been supposed to the fa thened By stamping Ford as a re tut High-Grade Winter Wearing Apparel OUR ENTIRE WINTER STOCK MUST BE SOLD REGARDLESS OF COST | Fur Coats $95 DRESSES $25, $45 and $65 Dinner and afternoon Dress- es of silver, brocade, velvets and silks. Fur trimmed, im- ported models. Value to Sale Price... e Dresses in charmeen, velvet and silk. Beautiful style and quality. Value to $85.00. price .....,, P4008 One rack of silk, velvet and charmeen Dresses that sold up to $65.00. 00 Sale Price ... 25. All Evening Gowns at re- duced prices. $35.00, $65.00 and $85.00 tt naire iy, it true t almos ians of a] prove in the m tide t Hir Tr Jo rmers than by the President Cool: as much before the ad he maintained ‘an un- = to his purposes. led the may hat as creeds h nidd’e ng.” ure. acknowledgement > said. an active idge Ford Republican leaders pre- of the greatest to the president, west, continues to run as , the national convention in resolve itself into The White to pres! to Ford was only a surface indication of the deeper sat no attempt The on all nt Coolidge Adoo will of um his is is re Cleveland will i pl atif’ on meetin petits ff makes 1 observers its Dl the most import Banitin ‘etiaanont of the pre-conv sn. In He 3 ary oi sive | 8action which lay beneath, ists it may prove a decisiv rin the result, But be that as here is a is immediate effects are of | Sides that Preside: Chee the De. | Wiltiar bbs Mc with iminary be when st practical rengthen Cool: d has been is generally felt here that’ his decla ration will carry more weight with industria! groups. This belief has’ been streng- ction gricul-| General Wood. par- and and the * announce | No Refunds No Exchanges | it a Staph hae ee ve Casper Dally Trioune : But What If It’s a Hurdle Race ~ TAX REDUCTION nt for some time to come, there] ern agricultural re It was ral agreement on these|the supposed community s | between the farmer and laborer tha It removes Ford finally from | led to discussion of the motor manu ntlal picture, in which he|facturer as a po candidate on een seen as a shadowy figure|@ third-party tic When the campaign began to take} water was poured on this project {by his virtual refusal to run, the It gives President Coolidge the | interest turned to the possibi'ity that support of Ford’s approval.{he micht be nominated by one of (Continued from Page One- in view of the president's |the older -parties for a congressional investigation of is, will mean thousands of How far they will follow him in| the Philippines. General Wood im- he might otherwise have lost.| his new course is problematical. It| mediately sent for the lleutenant, who was in the palace at the time, and in my presence asked him to give me al! the facts of his financial ventures.” “I want nothing concealed,’ said ~#ieutenant Wood it was true he had made con said Coats, Wraps $45, $65, $95 in marcella. Black, size 18; rose, taupe. Size 38. Fox collars and cuffs. Regu- lar price $195.00. Price. 99900 Price One rack of Cloth Coats —Sport and dress mod- els. Fur collars and cuffs. All made of the finest materials. Value to $125.00. ‘ $65 Sale Price .. One rack of Cloth Coats —Sport and dress mod- els. Fur trimmed. Value to $95.00. Sale 2 wraps ‘FORTUNE PILED UP BY YOUNG WOOD 1S EXPLAINED IN DETAL siderable profits dealing in “American Securities, but said they did not ap- proach anything like the sum of $2,- 750,000, the amount I had mentioned as the aggregate reported deposited fo his credit in New York and Chi- cago. His profits, he said were be: tween $700,000 and $800,000. “While I regare these transactions as private matters, said Lieutenant Wood to me, “I am perfectly willing to tell the story without going into intimate details of my personal af. fairs. None of these transactions had anything to do with Philippine enterprises. Efforts were made by people here to have me invest in en- terprises in the islands but I declined to do so. Mine were all American transactions. “While I don’t know the origin of the stories of the large amounts said to have been deposited by me, they probably got about through the fact that I made a practice of trans- ferring the same amount back and forth between Manila and New York as often as occasion demanded. Favorable exchange rates governed me in this. When there was a chance incorporated. they will make you a good offer for) months ago the account of Osborne|away over the Christmas bolid:; it and through that fact I transfer-| Wood in the Central Trust Company ‘the war department today wit) red the same amount frequently. If of Chicago was closed and the ac-| formal comment on the financi I had gold deposited in New York cumulated funds were re-transferred erations “of Lieutenant Osborn, and the exchange rate made it de-' to his father-in-law in New York and Wood, son and aide of Gover; sirable to transfer {t to Manila I did deposited to his account in the Na-|/General Leonard Wood of the Pi; so. It is absolutely untrue that I) tional Park bank, New York. This|ippines, but it way indicated (h.: |uccount, formerly jn the name of Mr, | the question had never been for, “Lieutenant Wood said he had de-| Thompson, acting for his son-in-law, | ally before the department and tha pended for advice on New York! was changed later to the namo of/nothing in the way of instructio: concern which cabled him daily as to| Lieutenant Wood. It has been re-/or orders had been issued de investment conditions. Pproted to aggregate normally be-| with it. , “Manila people say Lieutenant | tween $175,000 and $200,000, although | Apparently. Secretary Weeks soms Wood's purchase of expensive auto-| it has fluctuated considerably, run-|time ago was advised informally or mobiles caused some comment here| ning as high as $250,000 and to as Lieutenant Wood's transactiono, ang’ to the effect that he was getting low as $150,000. jintimated through private channeiy rich through investments, although’ Mr. Thompson is quoted by the, which would reach both Genera the more general opinion was that Times as making the following state-| Wood ard his son, the feeling his money was due to the fact that|ment regarding his son-in-law’s/ continuance of speculative op¢ his wife is a daughter of Henry B.| financial operatiois: tions by the officer might prove ep Thompson of Delaware, president of! “When in Manila last winter I barrassfig to Genera! Wood the United States Finishing com.-| learned that my son-in-law had made far as could be learned this was pany, with offices at 320 Broadway,|s0me money in fortunate speculation Only connection of the war dep New York, who is reputed to be! which permitted him to live in better ment with the matter. wealthy. Mr. Thompson visited Style than was expected of a second, Lieutenant Wood has not filed » Manila last January. Recently his| Lieutenant. I know, under my ad- application with the state dep daughter purchased a residence in| Vice, he is entirely out of the market ment for appointment to the Manila where she and Lieutenant! and I hope he has hung on to his matic service. The next exo LUIS OBISPO, Calif. pal ames J. Jefferies, forme yweight champion prize fight of the world, who is expected } y to referee a fight Friday held as part of the Pismo mid-winter carnival, Will go ea. ter the first of the yéar to m Luis Firpo for Tex Rickard, ing to word he has sent here t managers of the boxing exhibit ee Wood live. | savings.” jtions for diplomatic secretaries y) Hardened Wall street speculators be held about the midd'e of the « WAR DEPARTMENT ate inclined to the belief, the Times) ing year. CLEARS SUSPICION says, that Lieutenant Wood mus ae RS: yer Roe : NEW YORK, Dec. 26.—Financial| have followed the specuative method | . operations of Lieutenant Osborne C.| known as “pyramiding” or the pur- E \IP Wood, son of Governor General! chasing of additional stock with the| Leonard Wood ot the Philippines,| Profits accumulated on paper from who is reported to have accumulated | former purchase. This method is TRAINING OF FIRPO a fortune between $700,000 and $800,-|in daily, and often disastrous, prac- 000 in Wall Street, were made the|tice and frowned on by most con- subject of a war department investi- servative members of the New York AFTER FIRST 1 gation, the New York Times said stock exchange, where the stock of! f toda the Standard Of1 Company of New : “It has been learned also, on the| Jersey, in which most of Lieutenant best of authority,” the Times said; Wood’s fortune is believed to have) san “that the department found nothing | been made, is traded in., {26. whatever in the transacions of the! The ultimate result of such trad-| hea young. officer to ¢all for censure,|!ng is the building ‘up of a thinly but that the department did strongly; buttressed pyramid which becomes advise him to stop speculating at; More precarious as prices advance once and taht communications on the| because each profit, instead of going subject passed between the depart-|0n to bottom to aid the foundation, ment and Major General Wood, who| increases the load on top. In this directed his son and alde to put an-™manner with a smal) fortuneand good end_to all his speculative operations.| luck, one can build up a fortune, The advice and the command were| Provided that the stock continues to immediately responded to. | advance. | * “Lieutenant Wood's financlering| Lieut. Wood the Times says, {s Ohio Rector ceased at once. | believed to have “caught” the begin- “ “Local investigation of the reports ning of the so-called dividend market M 7 by The Times,” it says, “has dis-|in the fall of 1922 and happened to ade Bishop closed that Lieutenant Wood began pick out the one stock whose ad- : making remittances to this country; vance was most violent and con- a in the fall of 1922 and that these grew s'stent. This was Standard Oil ot ‘= steadily, although at all times sub-/ New Jersey, whosesdirectors In the}, CINCINNATI, Ohio, Dec. 26-5 ject to the usual fluctuations of an y fall of 1922 were laying pans The official announcement of thy active account. The funds, in the for a stock dividend of 400 percent|#Ppointment of the Right Rery main, were cable drafts purchased in which they declared on October 11 of| Monsignor Francis J. L. Begkmapy the Manila office of the Hong Kong. that year. rector “of ‘Mount: St.Mary's, Thegs and Shanghai bank with instructions! In the late summer of that year| }S!ca! seminary, Norwood, Obio, ag e funds be transmitted to| the -tock touched its low price of Dishop of Lincoln, Neb., was rei the New York office of that institu-' $169 a share. On September 1 it sola C'Ved in Lincoln direct from Romer fon. On arrival here the New York: at 183, moving up-to 188 two weeks &CCOfdins to the new ‘appointee tos branch of this bank, pald the funds later. In the week of September 30 22%; Who. has had no direct newd to the Chase National. Bank :which. jt croséed the $200 mark and between “a the new ‘honors conferred af m in turn transferred them to the Cen-! september 30 and October 11, it rose tral Trust Company of Chicago exactly 60 points to $260.50. Then ~ Where they were deposited in the it broke to $200. The new four-for- name of and to the account of Os-| one stock -now ‘sells afound $37 a borne Wood. { share. NFLUENZA As a preventive, melt and: mornin; to make a profit through transfer I did so. “If the banks know you have gold STARTING TODAY A CLEARANCE SALE OF FOR WOMEN AND MISSES 3 BAY SEALS Values Up to $225 ALL FUR CHOKERS— Single or two skins. . Tears 2 ty 33% 136 SOUTH CENTER STREET ] . 2 lona. Fur-trimmed. 2 3- NORTH- | piece suits; size 16 and 18; ERN 6 2-piece suits. Beautiful \ MUSK- | quality. Value to $135.00. Satin and Crepe Padded iy RATS Sale $45 00 Robes 4} Brice... a5. e x zZ y i Values ae f Silk Negligees, plain and i Up to Berner Suits. Value to fancy; all colors ‘ $195 $85.00. ‘phis year some remittances were | Ss | toe ap ee = made by Osborne Wood to his father NO. INFORMATION H ‘ G S$ K Ss in law, Henry B. Thompson, presi: FROM WASHINGTON { dent of the United States Finishing) WASHINGTON, Dec. 26.—In the VAPO Rus Company, 320 Broadwa Quer 17 Million Jars Used Yearly Several absence of Secretary Weeks who is SUITS $25 and $45 Suits in Marcella and Ve- $25.00 HATS Sale Price. . Fancy Purses and- Hand Bags. Silk, Velvets and leather Fancy Combs. and Boudoir Sate Price, ---. BLO Sale Price. -... BOOO ine Price... DADO Silk Underwear, Gowns, Teddies and Step-ins Off Bee ea | BLOUSES | | Any silk blouse in stéck, in- | cluding all Russian Blouses. | | Fate’e's99- $40.00