Evening Star Newspaper, January 15, 1923, Page 23

WOMAN WORKERS | TORYTENDFORCES| | .{Trade Union League Will }» Raise $63,000 Fund to I§ Aid campaign. Organization of woman workers in frade unions and the extension of the flela force were discussed by the ex- «cutive board of the National Wo- men’s Trade Union League at closed messions today. The league's plans 10 raise a budget amounting to $63,- €00 to provide funds for extending the fleld force were outlined. The league indorsed the child labor amendment as set forth in the Mc- <ormick-Foster bill, and considered ways of e: diting the passage of the Kterling reclassification bill. The leag! has eighteen Jeagues within it, and a membership af over flve hundred thousand work- ing women. Efforts are being made 1o secure stat aws providing an elght-hour day and a living wage Yor woman workers. Pushing State Legislation. o-operation with state federa- s of labor and vario tions of women, Tow pushing labor legisl: men in New York, Illinois, Ohlo, Ala- hama, Pennsylvania and Massachu- In tatement given out to- cutive board declares its advocating labor laws for nen as follows: “Industrial conditions can be im- proved by two methods: Collective bar- through trade unions, and leg- Workingmen and either or both, ac- eds or possibilities of tional Woman's both—-one to sticn, like Yocal woman, nt motherhood and d Uphold Standards. “To prevent exploitatin of women te organ- r increase power. equ rking con- or women \embers of Union) ; New Yorl, Union) ; 1 of P 0 Miss ladelphia (Waist n), and Miss ngton, D, C. HERRIN DEFENSE MAY REST TODAY 5 'State Prepared to Begin Re- | buttal Testimony Imme- diately, Is Announcement. By tha Assoclated Press MARION, TlL, January 15 for murder in connection with the riots expected to rest its case | There were only a few more ment witnesses and character | witnesses called defense today. Attorn to testify for the the state was rebuttal testimony upon the resting 's " case. Both state > lawvers said they had to be called , and expressed ng hopes that the fate of the five charged with he murder of ard He men Ho, nor ut he | n, one of the twenty would be in the hands of by Thursday or Friday. ual verdicts will be rendered se, the jury also, in event fon of any of the defend- fixing a penalty that might s from one year In prison to FFORTS RENEWED TORECOVERBODES Seaplane Victims Still Miss- ing Off Havana, Despite Keen Search. ssoclated Press. WEST, Fla., January 15.—Ef- ts wero renewed today after frult. attempts vesterday by water and’ air to resover the bodies of E. F, At- s, ir, his two children, Edwin F. and David Atkins of New York, aud Miss Grace McDonald, who per- sied when the seaplane Columbus was wrecked and sunk in the ocean, “twenty-one miles northwest of Ha- vana, Saturday afternoon. The flve survivors, who were res- cued by the ferryboat Henry M. Flagler, which was within less than + a mile of the spot where the plane hit the sea, were reported today out of danger with the exception of Mrs, 3. F. Atkins, jr., who is suffering from Physiclans, fearing that might “set” In were indeclded over her condition, i The search was continued vesterday until the darkness forced abandon- ment. With the offering of a reward of $4,000 for the bodies by Robert Atkins, brother o F. Atkins, jr., efforts were re. {oubled today hy searching parties. | Mr. Atkins the ferry ,wteamer Joseph R. Parrot and 18 con- ? ducting a personal search of the gulf stream in the neighborhood where the weaplane descended. .Assisting in the’ hunt for the bodies are -the . tug Jiafael Zoniphan. with a number of port police aboard, the seaplane R-218 miners slain during the | boat runners in_the i NEW | booming of far-oft fto { schooners and freighters lying be-| —The | defense for the five miners on trial | 'THE EVENING } The Beginning of a Beautiful Friendship. WELL, | 5'POSE You'Re GoING SOUTH FoR THE WINTER 7 TEEING YouR BALL UNDER A FALM TREE WHILE GEMTLE ZEPHERS ELow OVER TURQUOI SE SEAS ArD FTAN YOuR FLUSHED BUT HAPPY FACE — | SAY 1 SHoUL O THINK THE (DEA OF ALL THIS — WINTER S WE HAVE LQUOR SHPSFLEE STORM DANGERS Fleet Steams to Sea, Fearing to Overstep Three- Mile Limit. \'r);‘. J ary 15.—The “guns" has chased sea fleet the bootlegging yond the three-mile limit from Sandy Hook to Fire Island light that has |fed scores of fast-ferrying motor boats with liquor cargoes. 1 Not Dry Fleet Guns. But the guns were those of t pproaching storm, not of a dry trol. The warning that drove ! ragamufiin fleet seaward was that of ¥s for the prosecution said | the barometer tional enemy r hootlegging the prohibition Na, Observers reported that the ships which had been lying outside the three-mile_ limit had hauled anchor {and put off to more open water. The I,\!DY"' defeated plans laid in accord- |ance with_ the success of the small- t few days, and landings with liquor were not recorded. Fear of Crossng Limit. So close were the ships to the legal Iimit, that skippers thought it wise to rid the storm further at sea, lest thelr craft be driven ashore. Passengers aboard the incoming steamship Mayaro from Trinidad, however, caught glimpses of the fleet about thirty miles down the coast from Sandy Hook, they reported upon arrival. PROBE WHIPPING, JUDGE ORDERS GRAND JURY Texas Jurist Tells Investigators to Drop Petty Cases and Take Up Goose Creek Affair. By the Associated Press. HOUSTON, Tex., January 15.—In scathing terms Judge C. W. Robin- son in criminal district court this morning instructed the grand jury to cease its invéstigations Into “petty thievery and burglary” and devote its whole attention to running down those responsible for -the whipping of Mrs. R. H. Harrison and R. A. Armand at Goose Creek ten days ago. Mrs, Harrison was in the court- room while the instructions were glven and immediately afterward was taken into the grand jury room. — SHORT-TERM SECURITIES. (Quotations furnished by Redmond & Co.) crews, ‘Anaconds Copper 6s 1820 Andiconda Copper 7s 1920, Anglo-American Oil 7i4i Armour & Co. Ts 1880, recovery of the|c Kansas City Term. Kennécott Canper 7s 1 Libby MeNedl & Libby M., Bt. P. &S, o . R. R 1830, 8t. Panl Union Depot 5i4e 10: Eears, Roebuck & Co. 73 107 and a submarine chaser from Key | Soi West. i RESIGNS UNION. POST. Head of Government Workers Says He Is in I11 Health. MONTREAL, January 15.—Ben- Wamin Schlesinger. president of the , dnternational Ladies’ Garment Workers' Unlon, resigned his position at the final session of the executive hoard yesterday, declaring that il Ith prevented him from continu- as the chief executive of 150,000 t workers in the United States wda H¢ has been president Westinghouse . TREASURY CERTIFICATES. " (Quotations furaished by Redmond & Co.) Maturity. B March 15, 1038 s September 15, s March 15, 1935, 15, 1925, 0% 90 100916 100 23 9 ot | | He now asserts the lease did not so: WHAT 21! You TH A TALL T WHY, | THOUGHT 383 WERE A GOLF BUG-, | SHOULO STAR, WASHINGTON, —By Webster. RE NOT GOING- (K THE | DEA OF GETTING- T:To YOUR SUMMER DES AND — WouLD ALMO TARPON AND i~ BLoom THEY RE WHO 7 ME 7 WHY, 'M NOT Gorme- SouTH . | CAN'T AFFORO (T SMATTER & FACT | LIKE — T Goo O, oLD FASHIONED HEY T o IFORMER ARMY CAPTAIN TAKEN WITH RUM SHPS Two Vessels Seized in Attempted , Smuggling on West | Coast. | Two schooners, their captains and I‘Jnhn McCathon, former United States | Army captain, said to have lived in | Washington, were reported by tele- | gram from Prohibition Director Rut- | ter of California to have been taken {by the authorities in Los Angeles. Calif,, in connection with a conspira | to smuggle 3,000 gallons of alcohol {from Toplobampa, Mexico, to Los| | the prohibition unit an- today. er Capt. McCathon was alleged the official report to be the ring- pposed conspirac, J. Within, captain of schooner Saucy Lass, . Hall, captain of the | schoon ictory, were arrested, charged with the conspiracy, and held in bail of $10,000. Two members of the crew of the schooner Saucy Lass were reported to l}d\'e confessed to the entire trans- action. Capt. Within of the Canadian schooner was designated by the offi- clal reports as a “soldier of fortune,” while Capt. Hall of the Victory was declared in the dispatches to be “an old-time smuggler.” SUES FOR $10,000. to recover $10,000 damages was filled today in the District Su- preme Court by Thomas H. Gatlin agalnst John L. Barr and L. Stewart Barr for alleged misrepresentations concerning an apartment at 1870 Wy- oming avenue northwest. He says he was occupying the apartment Au- gust 8 last, and was told by the de- fendants that their lease terminated with the end of the month. Believ- ing the alleged statements, the plain- tiff says he surrendered possession. Sult terminate, and he was put to great expense in crating, transporting and storing his effects. The plaintiff_is represented by At-/ torneys Bates M. Stovall and William A. Read. FINANCIAL. THINK! Are you taking inventory of your assets and [abilities? How far ahead did you get this year in development— advancement — achievement? Are you satisfied? Due to ex~ pansion we have an opening for a salesman—a wide-awake man with executive ability, who knows how to meet ro- ple. Position requires hard work, but brings exceptional returns. Give phone number. 1 THENTHINK O ARE RIPE Mow AND THE FLOWERS ALL , 1T'S HAR BATHING POWMN THERE ot A DAY LIKE THIS | To MAKE A MArY TEEL RIGHT - ST DRIVE You NUTTY: THE FISHING | GosH! ARACUDA ! THE ORANGES O To PELIENE You SALO T ! Now. LISSEM, OLO MAN, You JUST GIMME A RING ~ AMY TIME - MAKES ro DIFFERENCE WHEM — AN"WE'LL STEP OUT . | WANT TO SEE MORE OF You RED RIVER CASE ENDS. Supreme Court Decides Wrangle Over Texas-Oklahoma Boundary. The south cut bank of the Red river was made the boundary line between Texas and Oklahoma, by order of the |Supreme Court today, in the famous Red river case. ‘The decision s a compromise of the conflicting contentions of the United States and Texas, the cut bank for most of the distance, where the con- test centered at the Big Bend, be- ing between the bluffs, which the United States insisted should be made the boundary, and the south bank of the river at its normal stage, which Texas urged should be made the line.. The court announced that a com- mission of three members would be appointed to locate the boundary. The rt reserving jurisdiction over the work of the commission to see that the line is run according to the court’ construction. as to what constitutes the south cut bank. Her Dress Was Simple. From London Opinions H The Girl—How do you like my new dance frock? Her Fiance—Oh, I Iike it—nice sim- | ple littie dress. The Girl—Simple? two twenty-dollar cover 1t? Flance—Perhaps not, but three might if they were well spread out. Do you know | bills * wouldn't | _ FINANCIAL. “BeforeYou Iuvest. INVESTIGATE" The Standard Dictionary Defines THRIFT as ““care and wisdom in the management of one’s resources.” A concrete example of thrift would be to invest in the District Guaranty Corporation The result would in- evitably be “gain,” “profit” and “prosper- ity,” which are synony- mous with thrift. FISCAL AGENT Wuhh!uu--- o 22815 St.nw. Tel.Main 6710 Address Box 14-M, Star office. much to be want both. the others hear of it. GOOD WI Invest in Main 2100. 3- 1336 | 66~ 00D WILL"—We appreciate that the good will of a patron is as “GOOD WILL IS CONTAGIOUS"—The man who likes our company tells others, “GOOD WILL IS CUMULATIVE"—It pays dividends, it gathers interest. Give us the of}‘onum&y of winning your nominations of $250 and up. F. SAUL CO. Good Will desired as his investment. We tell others, and still others through service. our First Mortgages—In de- 1412 Eye St. NW. D. C MONDAY, JANUARY 15, FINANCIAL. 1923. FINANCIAL. $1,000,000 The Power Corporation of New York 7% Cumulative Preferred Stock Entitled to cumulative dividends at the rate of 7% per annum, payable quarterly February 1, May 1, August 1 and November 1 The Power Corporation of New York owns developed and undeveloped water powers on the Black River and the Raquette River in the territory of Northern New York which, upon com- pletion of storage, are estimated at over 100,000 horsepower. - Of these powers, 37,500 horsepower are at present developed and income producing and have been appraised at $10,358,400. This amount, after deducting the total funded debt at present outstanding, leaves an equity of over $500 for each share of Preferred Stock, without reference to the value of the undeveloped water powers. The Company has sold the entire output of its present development under a long time contract; net profits from this contract alone, after all charges, are computed to amount to three times the dividend requirements on the Preferred Stock. This does not take into consideration the earn- ings which will in the future accrue to the company from its present undeveloped water powers. We recommend this Preferred Stock for snmvestment and will be pleased to send upon request a circular describing the issue in detail. Price 98 and Dividend, to Yield 7.15% E. H. Rollins & Sons New York—Washington F.L. Carlisle & Co., Inc. New York The statements contained in the above, while not believe to be guaranteed, are based upon accurate and reliable information we Issued with the acquiescence of the United States Government under the provisions of the Treaty dated May 22, 1903. $50,000,000 REPUBLIC OF CUBA EXTERNAL LOAN THIRTY-YEAR SINKING FUND 5%% GOLD BONDS To be Dated January 15, 1923 To Mature January 15, 1952 Interest to be Payable January 15 and July 15 Not Redeemable for Twenty Years Except for Sinking Fund Coupon Bonds in denominations of $1,000, $500 and $100, registerable as to principal only. Principal and interest payable in United States gold coin of the present standard of weight and fineness in New York City at the office of J. P. Morgan & Co The principal and interest of these Bonds are to be forever exempt from any Cuban taxes now existing or which may hereafter exist. AGREEMENT WITH THE UNITED STATES. By an Act of the United States Congress dated March 2, 1901, cer- tain provisions were formulated which have been incorporated by amendment in the Cuban Constitution and have also been embodied in a Treaty, dated May 22, 1903, between the United States and Cuba. Under these provisions, common- Iy referred to as the “Platt Amendment,” the Republic of Cuba agrees not to contract any public debt the service of which, including reasonable sinking fund provision, cannot be provided for by the ordinary revenues. In addition to this financial safeguard, the Republic also agrees not to enter into any foreign treaty or compact which may impair its inde- pendence, and furthermore grants to the United States the right to intervene for the purpose of preserving Cuban inde- pendence and maintaining a government adequate for the protection of life and property. SINKING FUND SUFFICIENT TO RETIRE ENTIRE ISSUE AT OR BEFORE MATURITY. Provision is made for inking fund as set forth below, payable in monthly instalments, to be used in purchasing Bonds of this loan at the current market price not exceeding par. If unobtainable at that price, Bonds are to be redeemed by semi-annual drawings at par. Accrued interest on any such redemption is also payable. 21st year . 22nd year ... 23rd 24th year . 25th year 26th year . 27th year 28th year . 29th year . 30th year . 11th year 12th year 13th year 14th year 15th year 16th year 17th ‘year 18th year 19th year 10th year.. 20th year To the foregoing minimum sinking fund payments there is to be added 109 of the gross revenues of the Cuban Gooernment in excess of $60,000,000 in any fiscal year. The Bonds are not to be lable, except under the provisions of the sinking fund, for the first twenty years, but thereafter may be called for payment, as an entirety, at par, accrued interest being also payable. SECURITY. These Bonds are to be direct obligations of the Republic of Cuba, which pledges its goed faith and cradit for the prompt payment of principal and interest. In addition they are to be secured: (a) By a charge on certain revenues of the Republic, including the customs revenues, subject to existing charges, but prior to any future charg: The customs revenues have alone averaged $46,292,000 annually daring the last five years, the lowest receipts in any one of such five years having been over $30,000,000 in the critical year of 1921-1922. The existing charges upon the customa prior to these Bonds for the current fiscal year amount to $3,985,750, of which amount $2,145,000 is payal n the first instance out of other revenues, which, during the last five years, have averaged $4,430,000 annually. By a first charge on 10 per cent of the amount by which the revenues of the Government in each fiscal year exceed $60,000,000. DEBT, REVENUES AND TRADE. The funded debt of Cuba on July 31, 1922, amounted to $91,542,400, of which $51,703,500 was external debt. Revenues during the ten years ended June 30, 1922, averaged $60,329,000 annually. The budget estimate for the current fiscal year is $55,638,800 and estimated expenditures amount to $54,852,102. Dur- ing the #ix months of the current fiscal year revenues have totaled $29,218,000, as against expenditures for the same period estimated in the budget at $28,253,000. The exports during the ten years ended December 31, 1921, have averaged $347,852,000 annually, of which $274,- 890,000, or 79%, were sent to the United States. Imports during the same period averaged $255,918,000 annually, of which $181,655,000, or about 71%, came from the United States. These figures indicate a surplus of exports over im- ports averaging $91,934,000 annually. POPULATION AND RESOURCES. The population of Cuba is estimated at over 3,000,000. Raw sugar is the chief agricaltural product of the Island, and during the seven years ended June 30, 1921, exports of sugar and its products from Cuba ed $366,758,000 annually. In the season just closed Cuba produced approximately 23% of the esti- mated weorld luction. Practically all of the old crop sugar has been sold, and the Cuban sugar industry enters the new grinding season with sugar in active demand at satisfactory prices. () THE ABOVE BONDS ARE OFFERED FOR SUBSCRIPTION (SUBJECT TO RECEIPT AND ACCEPTANCE BY US OF THE BONDS) AT 99%% AND ACCRUED INTEREST, TO YIELD OVER 5.55 PER CENT. Subscriptions will be received by the undersigned beginning at 10 o'clock A. M., Monday, January 15, 1928. The right is reserved to reject any and all applications, and also, in any case, to award a smaller amount than applied for. The amount due on allotments will be payable on or about Febru- ary 1, 1923, at the office of J. P. Morgan & Co., in New York funds, against delivery of Trust Receipts, exchangeable for definitive Bonds when prepared and received. THE NATIONAL CITY COMPANY BANKERS TRUST CGMPANY, New York. DILLON, READ & CO. J. P. MORGAN & CO. KUHN, LOEB & CO. GUARANTY COMPANY OF NEW YORK HARRIS, FORBES & CO. J. & W. SELIGMAN & CO. New York, January 15, 1923.