Evening Star Newspaper, September 27, 1921, Page 6

6 THE EVENING STAR.\ 'With Sunday Morning Edition. WASHINGTON, D. C. TUESDAY. .. .September 27, 1821 THEODORE W. NOYES. .. .Editor The Evening Star Newspaper Company Business Office, 11th St. and Pes New York Office: Chicago Office: First Natior n{ European Office: 3 Regent St., London, England. The Bvening Star, with the Sunday morning edition, is delivered by carriers within the city at 80 cents per month; daily only, 45 cents per month: Sunday only, 20 cents per month. Or- ders may be sent by mail, or telephone Main 5000. ~Collection is made by lers at the end of each month. Rate by Mail—Payable in Advance. Maryland and Virginia. Daily and Sunday..1yr., $8.40; 1 mo., 70c Daily only.. 6.00; 1 mo., 50c Sunday only 1 yr., $2.40; 1 mq All Other States. - Daily and Sunday.1 yr., $10.00 Daily only .1yr., $7.00. Sunday only. 1mo., 85¢c 6 Econgmic System at Stake. In his opening address yesterday as presiding officer of the conference on unemployment Setretary Hoover went to the very heart of the ‘trouble when he said there “is no economic failure so terrible in its import as that of a country possessing a surplys of every necessity of life in which numbers, willing and anxious to work, are de- prived of these necessities.” And, he added: “It simply cannot be, if our moral and economic system is to sur- vive.” It frequently is cited that the pres- ent condition of unemployment is a natural aftermath of the waste and destruction of war, and that it is world-wide, the inference being that] our case is no different from that of the rest of the world. Whatever of a parallel there may be in conditions existing in this country and in Eu- repe, for example, theré certainly is net « parallel in the circumstances whilah brought those conditions about. In Furope there is an acute shortage , of paost of the necessities of life, in- cluding monéy and credit. In this country there is a great abundance of such necessities, money and credit in- cluded. In Europe men are idle be- cause they lack materials with which to work and the money or credit to, buy such materials. Here we have materials and money and a large un- filled demand for the production of labor, and still men are idle. There are some who tell us that workers here are idle because the-rest of the world is unable to buy from us in accustomed volume. That might be acceptable as an answer were it not for the fact that the home market is so greatly 'undersupplied. Scores of thousands of men in the building trades are idle, notwithstanding that there is an acute shortage of build- ings, plenty of money to finance build- ing operations and plenty of materials with which to build. The fact that Eu- rope is not buying from us will not ex- plain why so little progress is being made to meet the crying need for dwellings, schoolhouses and structures of almost every kind. The conference must search elsewhere for an answer. That search is very likely to-lead it at an early stage to the disparity in price levels. Violent liquidation of war-time prices in some lines and the complete absence of liquidation in others have thrown the economic sys- tem out of balance. The largest single element purchasing power in this country consists of farmers and their families. Agriculture, as a whole, is back to pre-war prices for the things it has to sell, but is paying war-time or near-war prices for most of what it has to buy. The result is that agri- culture is out of the market, except for imediate necessities, partly: through lack of money with which to 1 0c | that agreement, are to'meet ta deter- 0c | respondence beween Lloyd George and maw not be gainsaid, 't is certainly true that the matter of major import- |stood before the conference opens though the importance of ascertaining the status upon which Ireland comes,a bond before, it was commonplace to into the proposed conference chamber |Write and speak of the great and ance to all concerned is the status upon which she shall make her exit therefrom. Hope for an early initia- tion of the conference may be low to- day. Yet hope for the successful con- clusion of the venture, when once it shall be undertaken, is high. That hope lies in -the fact that a tacit agreement has been reached as to the agenda before the delegates to such a meeting as is contemplated. England and Ireland, according to mine the status of the latter in the British empire. So much has the cor- De Valera achieved. With it under- that consideration of the absolute in- dependence of Ireland is to be de- barred from the agenda, it becomes obvious that the conversation is to deal ‘with the delimiting of a future political relationship between Ireland and the empire to which some form of permanent union is connoted. And since it is very well understood that, short of disruption of the empire, Eng- land is prepared to concede much to end the struggle, there would seem to be every chance for a satisfactory out- come to the negotiations when once they shall have been undertaken. Ip that outlook every man and woman, irrespective of race or opinion, will re- Joice. The G. A. R. , The fifty-fifth annual encampment of the G. A. R. at Indianapolis sug- gests many reflections to a relatively small and steadily diminishing part of our people. The present encampment is a small one compared with those of thirty, twenty, even ten vears ego. About 10,000 members of this patriotic goldier erganization have joined the grand army beyond the skies since the last encampmefit, and many mem- bers still on' the rolls of the G. A. Rt are too infirm to make a journey to a distant city and take- their place in the marching column or ‘about those campfires where song‘and story of the civil war go round. G. A. R.‘encamp- ments at Washington used to be as big and popular as the inauguration of aePresident, even when Hm fnaugu- ration ball was part and parcel of the ceremony. As man counts time, a good many years have ‘passed sinceg Lincoln’s first call for volunteers. xty years have gone by, and since the peace of Appomattox fifty-six years have been marked off. As mnearly all the volun- teers and others who entered the Union armies were young men, (hu‘se that are still among u8 are no longer young. In the popular mind and imagina- tion the civil war is a long way’ in the past. Generations have since then been born. What they kiow about the war between the states has been learned from reading history. Rela- tively few persons read history, fewer learn much about it, and still*fewer remember what they learn. The United States has been a party to two wars and other. periods of great stress since the days of Manassas, Antletam, Fredericksburg, Chancellorsville, Get- | THE ings into/bonds who had never seen valuable lesron which Americans were learning in the art or practice, of sav- ing and Investment., It was a valuable lesson, but not a happy one to a very large number of first investors. In the heat of excitement, patriotism and personal pride many persons bought or subscribed for a larger amount in bonds than they could carry. That was the mistake of ‘“‘overextension”— a common one. The uncertainty as to the length of the war and the number of future issues which might be neces- sary depressed those already put out. The industrial post-war slump com- pelled default on and sale of more bonds than the market, already pretty well saturated, would absorb. The cur- tailment of credit and drop in bond prices made it necessary for borrow- ers to negotiate loans on their bonds considerably below the face or pur- chase price of thpse bonds, and their carrying charges were higher than their income from the bonds. High money rates and high dividend and in- terest return on corporation stocks and bonds of sterling record and repu- tation caused many liberty bond hold- ers to throw their liberties on the market and reinvest in higher yield- ing bonds and stocks. A great many factors entered into the situation. But the good securities that go down will go up, and both the good and bad securities that go up will go down. It would seem that liberties are on the uygrade, and many weary holders ‘will feel cheered. 4 Having announced that he will sit on the White' "House steps, rain or shine, Mr. Ledoux brings up a ques- tion as to whether one who pickets with so much vigor and determination can be classified as unemployed. l The New York musical comedy com- poser who thinks the country would be better off if the Pilgrim fathers had never landed possibly resents the fact that they did not celebrate their ar-{P rival with a:jazz concert. l Monarchistic Germans are talking of the strict morality which was en- couraged by the kaiser and his court. This is a phase of court gossip which up to this time had not come to public attention. * ‘With hold-up men in wait at the railway station, the passenger is not compelled to wait for a misplaced switch or a defective bridge to intro- duce him to the perils of the journey. i ‘The “tired business man” is not looking for entertainment at present. He finds abundant and interesting oc- cupation in the discussion of topics re- lating to industrial conditions. ———————— As the richest country in the world the U. S. A, in order to avert dis- tress, has only to solve the problem of distributing cash to the people who are willing to earn it. " l All that is asked of motion picture players and producers is that they will model their personal ideals on the lines laid down by the better class of tysburg, Shiloh, Chickamauga, ‘Wilder- | Scenario writers. ness and Spotsylvania. One of these wars stirred us very much, and the othef was the most stupendous the world has ever known, though our part in it did not tax ur resources and emotions and entail sach losses on us as the civil war. * fd Let us salute these®veterans who buy, but more largely because of re- sentment at an apparent economic in- Jjustice. s 5 Possibly this is a condition beyond the powers of the unemployment con- ference to remedy, but by turning the rays of publicity upon the situation certain elements of society may be made to se¢ that they are standing in their own light. Rooseveltiana, Collecting Rooseveltiana while the memory of Roosevelt is still green, ‘while millions of his friends are still . on earth, and whiie letters, manu- are assembled at Indianapolis, let our thoughts go out to those whose In- firmity or cares keep them at home, and let us pause now and then to think of the hosts of them that are no more in flesh. . Mr. Harding’s Popularity. In The Star’s report of the opening of thé unemployment conference yes- terday it was stated that when the President entered the hall he was given an ovation. s A President is always accorded a handsome greeting, whether by an au- dience in agreement with him or not. scripts and other souvenirs of this| great American are plentiful is a happy plan. The Roosevelt Memorial Association is doing a good work and doing it in good time. Roosevelt’s place is secure as one of .America’s historic figures, and it is proposed to gather letters written by him, first editions where possible of books, and pamphlets by and about him,” which are to be turned over by their owners to the Roosevelt Memorial Associa- tion. ———————— The fact that gambling is illegal ‘makes it clear that the publication of the odds in race-track betting is mere- 1y the announcement of the results of abstruse calculations for the sake of gratifying idle curiosity. —_——————— Domestic brewing activities threaten to substitute “Home, Sweet Home,” for the rollicking old-time drinking songs. ———— To Solve the Irish Problem. Quite aside from the question of where one's sympathies lie in the pro- tracted dispute between Ireland and England, certain of the later develop- ments therein cannot but bring satis- faction to the American public. Amer-| ica, with the rest of the world, yearns for an adjustment of the.differences involved upon which peace and good- fellowship may be bullded: The best chance for arriving at such an adjust-, ment seems to lie in a sincere confer- ence where, with their respective cards upon the table, Irishmen and Englishmen may seek a practical soly- tion to the problem which is theirs. Hopes for such a chance have recent- 1y risen high, only to fall low once more as the telegraphic correspond- ence between De Valera and Lloyd George dragged on. | £ Today the business of determining the precise basis upon which the Irish representatives shall come into the conference has still to be worked out. Yet distinct progress has meanwhile It is one of the best signs of our in- stitutions. He represents authority at the top, and the people salute not only him but his position. In Mr. Harding's case, however, there is always true heart in such demonstrations. It shows itself in the manner as well as in the sound of the assembly. The noise has more than a conventional ring to it. The reason is that the people be- lieve in him. They recognize ih him a man in everyday sympathy with theif best aspirations; who is desirgus of putting his office t0 their best serv- ice; who does mot hold himself aloof and play mystery man;. who comes among them because he belongs among them, and wants to know from them how they feel about things. This is an important asset, and will stand Mr. Harding well in hand in ajt his official undertakings while he re- mains in the White House. It gives a human touch to his performances, and both strengthens approval and softens criticism. . Mr. McKinley as President inspired the same sort of feeling, and much of his considerable success in office ‘is- sued from the confidence the people reposed in his sincerity, his sym- pathy, and his capacity. e e ————— It may be that Panche Villa regards selling stock in a gold mine as a moxe peaceful and reliable; method of at; taining wealth than being a bandi€. Liberty Bonds, Liberty bonds are rising, and most other bonds in corporations. of .good reputation and earning power have advanced. Bonds are often the heralds of the course of the genéral¥ecuritiés market. With money getting cheaper, or slowly tending that way, a bond ‘of unquestioned security sell at'least on a pprity with money apd above /it according to tax-exempt, Teatures, dgte of maturity and other ‘favorable. coh- siderations. During.the liberty Joan campaigns, when Americans were sult-| i ‘Weather prophets, as a rule, look for an exceptionally cold wintér. Pro- hibition agents are confident that it ‘will be not only cold but dry. i A general willingness to depend on unearned money would be one of the worst calamities that unemployment could cause. 1 ‘While others clamor for an audience Clemenceau insists with simple dig- nity on his right to be quiet once in awhile. SHOOTING STARS. BY PHILANDER JOHNSON. “Hello.” “My favorite greeting is ‘Hello!” Said Hezekiah Bings. “It serves to let an old friend know ‘What joy the meeting brings; How glad you are to seeshim well, And with the world content, There’s much that studied speech can’t tell However eloquent. “I could not bring to my command The words that would explain My pleasure when I clasp his hand And hear his voice again. Our formal language is too slow For such important things, And so I simply say, ‘Hello’!" Said Hezekiah Bings. A Confused Impression. “What do you know about unem- ployment?” “Not much,” admitted’Senator Sor- ghum. “As a statesman I feel it my duty to be employed; but the busier I get the more resentful sdme of my copstituents appear to become.” Jud Tunkins says his aile's cooking has improved since she went into politics, owing to her desire to keep him good-natured and willing to vote e way she tells him. : N Verbal Valor. The man who says he would delight In nothing more than in a fight Perhaps is talking, while dismayed, To hide the fact that he’s afraid. N e Remarkable System. “The manufacturer of your auto has considerately provided repair shops all along the principal lines of travel.” “Yes,” replied®Mr. Chuggins, “and he seems to have the construction so accurate that the old machine’ll last Jjust about from one repair shop to the next. ) b Enlarged Vocabulary. “Your wife does not interest herself in the small talk ef society.” “No!" ‘exclaimed Mr. Chuggins, the small talk instead of discussing EVENING STAR, WASHINGTON, been made toward: the “end ‘which|scribing for the bonds by billions, and America, with the balance of the men, women ‘and families were put; world, hopes for most earnestly. For |ting their actual and prospective sav+ “sometimes 1 wish she’d get back 10| " yye cnemists political economy in words ‘of five Editqrial Digest | Fighting the “Blocs.” President Harding’s decided stand against group legislation and congres-: slonal “blocs” is strongly supported by | the press. The growing tendency which the President points out is widely de- nounced as a “menace,” and papers of both . parties give enthusiastic encour- agement to his announced purpose of resisting . the bloc movement. A’ few, however, question whether the drift away from strict party lines on economic issues is to be wholly con- demned as a tendency, although they agree that the “rule and ruin” tactics of the bloc must be checked. “The development of a class group in Congress powerful enough to intimi- date legislators who have no sympathy with its purpose,” the Syracuse Herald (independent) regards as “a disagreea- ble sign of the times.” The movement “has gone altogether too far” the Springfleld Union (republican) thinks, and “no more refreshing statement of purpose has so far issued from the ‘White House than that declaring the opposition of the administration to group of class organization and action in the affairs of the government. Noth- ing was more needed or could promise more beneficial resul and the Presi- dent “may be absolutely sure of general public support.” The legislative bloc, as defined by the San . Antonio Express (independent democratic) “is a division set up for sel- fish purposes of ‘practical politics,’ ” and the President, in common with “millions of his countrymen,” regards it “as sub- versive of the civic ideals which the founders of this republic its form of governmen further, the Express warns, “the’ split- ting of Senate ¢ se ‘into_several small, i 5008 pre- o legislation what- s opinion the move- is positively dangerous” and. “must not be tolerated.” . An analysis of the way in which the bloc operates is given: by the Philadelphia Bulletin (independefit republican) thus: “The bloc system of government implies ultimately the construction of an artificial majority in the legi lative bod$ by deals ‘and combin: tions among the organized political minorities there represented. At times the combination forces through legislation to which a nogmal ma- jority would never assent. At other times the system works to prevent | egislation for which there is a real | national demand, but which some es- | constituent of the bloc op- tem, the Bulletin holds, America’s best politi- and to that “political from our party sys' tem, by which “common aims, ideas, slogans and party ties” are given to ‘“north, south, east and west, and to every social element within the re- public.” A group, the Charleston (W. Va Mail _ (independent republican) plains, “is necessarily a minority, a noise far out of proportion to its importance,” and the tendency to separate into groups, the paper be- lieves, “is dangerous to the welfare of the republic.’ Therefore, “it is about time that a halt was called in matters of this kind,” and the Mail finds “good reason to believe that the American people are awake to the fact.” The New. York Herald (independ- ent) is confident that the President will have the active assistance of the country in his fight against organized groups which try to get what they want “regardless of the public in- terest” by holding “a pistol at the head of the government.” The Louisville Post (independent), on the other hand, raises some que: tions as to the extent of the “fight that the President promises. Will he fight, for instance, “the manufactur- ing group, a bloc, if you will, that is determined to drive the Fordney bill hrough a republican Congress,” and hich_“will drive it through unless the President ‘fights’ hard"? Further, “does President Harding propose ' to ‘fight’ for the public at large” in the case of the “small group or bloc that is seeking special privilege” in coastwise ship- ping? The attack on the bloc system, as the Baltimore Sun (independent democratic) sees it, Erows out of t fear “that effective party lead will become impossible” ‘should example set by sematoPs from the farming states be followed by equal- 1y intensive group organization of tors representing other inter- However, “politicians are dis- covering that economic interest is slowly becoming a rhore powerful fa tor in determining the course of legis- lation than mere partyism or party policy.” the Sun continues, and “de- plorable as factionalism is from the national viewpoint, at present its friends defend it as the only outlet for the expression of new and pro- gressive economic policies in_Co: gress.” The bloc system, the Cinci |nati Commercial Tribune (republican) contends, is not inherently bad; “like all otheps, it has its uses if employed in a good cause,” and “not all that is called bloc is to be so regarded in an invidious sense,” since “great public interests may be served by a massing of forces constituting a boost for widespread. beneficence.” Why They Will Not Come. The official announcement from Lon- don that neither Lord Curzon, secre- tary for forelgn affairs, nor Mr. Lloyd George i3 coming to Washing- ton next November is mnot without significance. It indicates that Mr. Lloyd George has succeeded in mak- ing himself sufficiently familiar with unofficial and non-political opinion over here to realize that every one of the so-called “big four” of the Paris Deace conference labors under some- thing of a handicap when it comes to a question of winning American confidence in large measure. As for Lord Curzon's intention to remain at home with his chief, it is only necessary to say that he is dis- tinctly of the Senator Lodge type, and whereas one Senator Lodge may and fights Senator Lodges ‘would not be just a bit superfluous. Among the reported possibilities for English delegates we note that the name of Mr. J. M. Keynes does not appear, and yet few Englishmen have excited such interest and ad- miration in the United States as has the business-minded and straight- forward author of the “Economic Consequences of the Peace.” That Mr. Keynes is persona non grata in gov- ernment circles is probably true. None the less, if Mr. Lloyd George should appoint a man on the order of Mr. Keynes or Mr. Reginald McKen- na, he might wake up one morning to discover that by having let that ele- ment of courageous uncomventional- ity which is in him again come into play he had pulled off still. another “master stroke.”—Baltimore Sun (in- dependent democratic). A new telescope brings Mars within two miles of the earth. Try it on | rents.—Worcester (Mass.) Post. accident. Wish Tom had been more careful.—Flint Journal. It is probably'a good thing for the peace of America that there was no Irish blood in the American Indian.— Akron Beacon-Journal. The only pleasant thing about the noise of a motor cycle is the rapidity with which it gets somewhere else.—. Kansas City Star. New York detectives are being given autos in the hope they may run down something.—Huntington (W. Va.) Ad- vertiser. D o Seoret doni 3 are allright as long ey don’ come secret disorders. - k.noxvfl'lqb ournal “Tribune. say sclence's next great slogan will be,” “Hgrness the sun- shine!” But at present the word seems be. “Lariat the moonshine!”—Hous- ADVERTISEMENT D. C, TUESDAY, SEPTEMBER 27, 1921 l Edison invented the phonograph by | WEAKMEN | AND WOMEN Best NEED YEAST When Taken With Iron Convenient Tablet Form —Bringing Amazing Re- sults Everywhere. If you want to put on good solid flesh, it you want to increase your strength so that you can tackle hard work and enjoy it, if you want to put good healthy color In your cheeks and feel “‘fit’ all the time —then try Ironized Yeast, the grest new vitamine and iron tonic. Thousands of run-down and sickly men 2nd women are now taking lronized Yeast, d the results in many cases are nothing short of astonishing. This, in because Ironized Yeast supplies run-down bodies with the two elements which tial to tron. have been found absolutely essen- health and strength—vitamines and Most people’s systems, due to modern living conditions, are sadly lacking in these two substances, and that is why s ma ny thousands of men and women grow old before their' time, and become thin, weak, mervous and run-down. 1f sou are weak, pale, sickly—if you are nervous, irritable, and can’t sleep nights —if your vitality is low and you are getting old before your time—then try this remarkable new tonic. You will notice a good improvement in your condition even after t e first few days’ use, Pimples, bolls aml other skin blemishes usually disappear ent people 1y Wwithin two weeks. Everywhere are saying that Ironized Yeast iv Jist the tonic they needed. Ironized Ye t will keep indefinitely and fouta o more per dose than common yeast, Each (RO MHIGHLY CONCENTRATED VITAMINE TONIC package contains 10 cost only $! days’ treatment 5 just 10c a day. for ciildren in each . Sold at all druggists. For sale ple’s Drug Stores and by good drug- verywhere, NIZED Yeq Tablets Laces and Lace Curtain Cleaning | MME. VIBOUD, Inc. ablixhed 1855. 727 11th St. i) e Some Startling Facts About the Great Progress of the Washington Motor Bus System be with the very marked aged line of motor buses But we do wish to let transportation of tens of Yet in that short time success. passengers a month. motor bus systems. Less and efiiciently manag: duced to Washington. The first installation buses, and they opsrated from the city. . street, and return. the .t r Comparatively few people are as familiar as they should ington Motor Bus System. So we wisgh to give you some of the plain, honest facts about the way all Washington has okehed this most con- venient, safe and practical means of transportation. Yet, in pointing out the success of the motor bus system, we do not for one minute wish to convey the idea that the motor bus is going to supersede the street car. The street car has its place, and a mighty important one. So has the modern, properly organized and efficiently man- part of it already knows—that is, the Waghington' Rapid Transit System has become a prominent factor in the daily This motor bus system was started only six months ago¥’ million passengers, and, mind you, this was when Washing-- ton was comparatively empty. How many of you have stopped to realize what enormous profits there are in a properly organized, efiiciently man- aged municipal motor bus system? For example, are you familiar with the faets in connection with London, New York, Detroit and Chicago? . In Lopdon, even during the war, they paid over a million dollars a year in dividends. New York is the best “‘at home™ example we have. they*carry over 40,000,000 passengers a year. Chicago motor bus ‘lines are forging ahead with similar In Detroit the bus lines are now carrying over a million S0 you see the business is there. The public want the an six months ago the first properly organized popular were they %ith the public that April 20th we had to put four new buses on! During the first six months over three-quarters of a mill- ion passengers rode on these Washington buses, and all this at Washington’s lowest period, when thousands were away So you can easily see what a tremendous success the motor bus service system is when we can do such an enor., mous business during Washington’s quietest period. So insistent has the demand been for more buses and ad- ditional routes that we have decided to expand the system, and will install sixteen brand-new buses. “ operation during the next three weeks, the balance soon after the first of November. . On account of’the growing popularity of this splendid motor bus service, the Federal Utilities Commission has granted us two new franchises, which require the installa- tion of these additional buses. First route, starting from Eighth and Pennsylvania to Twelfth street, to Massachusetts avenue, to Sixteenth street northwest, to Harvard street, to Thirteenth street, to Park road, to New Hampshire avenue, to Grant Circle, and re- turn (Petworth division). 2 Second route, starting at Eighth and Pennsylvania ave- nue, to Twelfth, to- Rhode Island avenue, to North Capitol o/ . Washington ¥ Fourteenth and Buchanan Streets N. W. Departm 14tk and Buchanan Streets N. W. . 1 Please entitled NBIO ccceveesocaccannsecsonanes I should like o Dave your representative call oa me IF you could visit our dairy (which you are cordially invited to do) and see the infinite pains taken to sdfeguard the purity of Chestnut Farms milk, you would be glad it is possible to procure such clean, wholesome, QUALITY milk, protected from the very moment it is drawn, until delivered at your door. & Why not secure the protection of our service? ® “Franklin 4000” Highest Score Official Record Health Department Merely Phone. .. Chestnut Farms Dairy GEO. M. OYSTER, Jr. HENRY N. BRAWNER, ]Jr. Phone Franklin 4000 1114-1120 Connecticut Ave. Almost dally we afe getting requests for new routes, 80 you can see the demand for these buses in Wasbington is enormous. It is a most conservative figure that during the next six months we should carry over two million passengers. As you are familiar with the progress and profits made by similar lines in other cities, you can readily realize that the same results should be obtained here in Washington. Here we are almost doubling the bus service, and yet have no additional overhead. Think what the profits will be? Think what each stockholder should get in the way of divi- dends—real cash results? In order to properly put into operation these additional buses and expand the service, we have had to increase the capital of the operating company. 3 ‘What we want is real Washington people to share the profits of the service. Even if you can only buy several shares, we want you in the family. 2 We would rather have ten to twenty thousand small stockholders than ten or twenty large ones. ‘We might have easily gone to some outside brokerage house and sold the entire block of allotted stock. But this was not our plan or preference. We wish to keep it in ‘Washington. We want Washington folks to own it. We want you to be a partner with us in the operation and in sharing the profits of this great system. The company is capitalized at $500.000.00 The stock is all common—$10 per share—$10 par value. There is no preferred stock—no honds—no underwriter’s fee to pay. We are offering it direct to the people, for we want every Washington resident to at least own a part of this splendid motor bus line—a line that will be known internationally. Only a limited number of shares will be offered for sale. Only 17,500 shares will go on the market. After these are disposed of o more will be offeréd—no more can be had. Furthermore, none of this stock can be purchased before October 3d. On that day the books will be opened and sub- scriptions taken. Remember, only $10 a share to own an interest in what will undoubtedly be one of the most profitable bus lines iy the world. And to make it easier {or you, you don't have to pay for the stock all at one time. All that is nec- essary is a small initia} down payment. Remember, no stock until October 3d. But get your or- der in now. Stock will be allotted as the subscriptions come in, If the demand exceeds the supply, the stock will be pro rated according to the amount you wish. That the personnel and management of this company is of the right character and caliber is fully evidenced by the fact that the Federal Utilitles Commission have on every occasion granted the directors of the Washington Rapid Transit Company #%ithout question these valuable and ex- clusive operating franchises. You will want our booklet enmtitled “The Old and the New.” This explains in detail the wonderful progress and big possibilities of the Washington Rapid Transit Company. Fill out coupon “A’” and this book will be mailed to you immediately. If you wish a representative to call please state in coupon the day and hour that best suits you. Or, it you wish to call at our general office to go over the meatter In more detail, please fill out goupon *“B.” You may use this coupon as a free ride to our office at Fourteenth and Buchanan streets northwest. Our drivers will be glad to accept this in lieu of fare. If more than one person is - to be in your party il in all names and addresses. Rapid Transit Company Development Department, and singular success of the Wash- No, indeed. all Washington know what only a thousands of Washington folks. it carried over three-quarters of a Here system of motor buses was intro- consisted of a fleet of ten motor on Sixteenth street northwest. So Ten will go into’ Telephone Columbia 4036 send beautifully illustral The 018 dng tha New.” explaizing in 1ted booklet detail Tran- o (HOUP)..ieeeassensn