Evening Star Newspaper, January 19, 1923, Page 23

THE EVENING STAR, ). WASHINGTON KIWANISEXTOLLED ATBIRTHDAY PARTY, Heads of Eight Other Civic| yAEx Q640 2| Societies Attend Meeting. | bl Eulogies Given. In the olght othor zations, ties of Kiy ers in t! througt bership of “stands in its e until today, wt ervance of he founda- Iy at the he purpose | W. Owen, Kiwanis Widower Iry Bentley is wear- in’ a rnation in his lapel, but 2{he sa !l reliable an’ . | complexion at home It hain’t so hard t' say noth-{ % but ever'buddy can’t look | have a fast-color an’ do her smokin’ m t S8 Gwynn for ~ the freshma s | A Real Remedy For Falling Hair Parisian Sage Shows Results at Once or Nothing to Pay she must be sober an’ "WHITE TICKET SCHEME' CHECKS PANHANDLERS, Gospel Mission Meal Tickets Re- duce Begging in Streets of Capital. @ hundred letters, writ- siness and professional men, t officials and even diplo- to the efflcacy of oy e ticket handlers W. Cory, superinntendent of the boards and' their refusal at once de- clares ‘worthy. tickets torn up on the spot said. Not long ago, one prominent bank officiul wrote, a husky colored youth approached him at the end of the day’s business and asked for money to buy a sausage sandwich and a cup of coffer. He told him to wait a minute and re-entered his office to obtain onc of these food and lodging tickets. When he emerged the men- dicant had faded away. He knew what was coming and it wasn’t what he wanted. What he wanted was cash, and not to be applied for the purposie he specified The Gospel Mission, its staff states, is not prepared to offer elegant menus, but simple, substantial meals are ready at the mission. each day to the number of 100. which ought to take care of the jobless and hun- gry of the city who are really worthy. e MUSSOLINI RECOVERS. ¢ | Premier Addresses “Brother Chauf- at any one de- supply of these tickets can obtain them by telephoning him at the mission. , Mr. Cory fnds the scheme working just as well here as elsewhere, which is what he and his colleagues fully He states that worthy re- gl to get the p: Lincoln repa night, including Sundays. This is emergency road not open aiter 5:30 p.m. The charges are nominal, the mechanic spends on your ca When in difficulty during these hours call— The Emergency Department, North 9600 feurs” in Rome. By the Associated Press ROME, January 19.—Premier Musso- linf, who has been slightly ill with in- fluenza, has completely recovered. Yes- terday he delivered an address before the members of the chauffeurs’ union, he addressed as “feliow chauf- s he drives his own car. To Ford and Ouwners The R. L. Taylor Motor Company 14th & T Sts. NW. Announces the opening of a NEW EMERGENCY NIGHT SERVICE in addition to their day service. Our trucks have been fully equipped to make minor irs anywhere in the District of Columbi trucks carry a full line of parts, tires, gas and oil and are in charge of expert mechanics, who will give efficient *service from 8 o’clock in the morning until 1 o'clock at These service only. as the shop is charging for the actual time after getting to you. France Force Germany To Pay? The sudden withdrawal of the last thousand of the American soldiers irom the Rhine is interpreted by many Washington correspondents apd editorial observers as an emphatic protest on the part of the United States Government against France's invasion of the Ruhr Basin and seizure of “productive guarantie reparations debt. is due neitk This attitude on the part for the of offi payment al Washington, it is generally agreed. er to sympathy for Germany nor lack of it for France, but to a conviction that of Germany's the seizure of guaranties will not solve the reparations problem, and that it opens the door to a host of disastrous possibilities, chief among which is another world war. Many American papers, on the other hand, whole-heartedly applaud France for resorting to a show of force, “the only language that Germany understari ¢ justified by the results. is?s ind they predict that her course will be fully The German-language press in the United States is pessimistic. “In taki Germany her richest industrial district the French will deprive themselves of the last chance to get any turther reparations,” decla cs the Philadelphia Tdgeblatt, which thinks that the results of the Ruhr invasion will amount to “French suicide as well as unspeakable misery and chaos for Germany, and possibly civil war in the Reic! THE LITE Other German-language papers express similar convictions. ARY DIGEST this weck, January 20th, presents a sweeping survey of the criticism from all quarters upon the present acute situation involving France and Germany and, in fact, the entire world. DIGEST are:— The World Race For Oil (With Colored Map Showing the Oil Regions of the World The New Ohio Railroad Kings The Worst Blow to the Entente Brain Tests for Drivers to Make Motoring Safe The Plague of Tax-Free Bonds A Defense of the Ku Klux Klan A Loose Cog In the British Machine Writing Two and Three Sentences At One Time “First Radio Nights”’ For Authors Matthew Arnold’s Debt to the Jews The Anti-Catholic Torch In Canada How New York Society Got That Way How Business Came Back In 1922 A Plague-Proof Town Other news-features of very deep interest in fhis week’s The Stupendous Archeological Find in Egypt England Starving For Humor Bridging the Gulf Between Jew and Christian Is It Safe to Marry On $20 a Week? Topics of the Day. The Spice of Life Many lllustrations Including Maps and Cartoons - Where Do Jokes Originate? Some one has said that there are only seven original jokes in the world. If this is so, what a vast amount of thought must be expended in furnishing mirth-loving America with material. First and fore- most among those who keep the public good natured are the newspaper “Wits” and what is known as typical American humor must be based upon their efforts. The best jokes, the cleverest epigrams, the most humorous incidents as they are printed in the press of the world are eagerly scanned each week by The Literary Digest editors and a selection of them presented upon the screen in motion-picture theaters under.the heading “Fun From the Press.” This new short reel creates unbounded laughter wherever it is shown. Many hundreds of theaters have booked it and we would suggest that you attend the theater in your locality where “Fun From the Press” is advertised and you will enjoy good entertainment. Tt is produced by The Literary Digest and distributed to theaters by W. W. Hodkinson Corporation. Get January 20th Number, on Sale Today—At All Newsdealers—10 Cents Mothers of Americam— v advantage of ‘Why not make gure that your children id Concise Standard N, L Automobile, Articles Among Thefts Re- ported to Police. A tin cin proved a poor substitute Miss Elizabeth Long, , 424 East Capitol street, She haa secreted $7 the can, she told the police, and Wed- discovered place had been found by an unidenti- fled individual and the money taken Disappearance of a bay mare and wagon was told in a report Ei 66 1 street southwest, made APARTMENTS 1915 SIXTEENTH STREET for a ban apartment 1Bas learned. nesday Jenifer, Drums Apartments of 2, 3 and 4 Rooms and Bath, Available About February 15th \ For Floor Plans and Reservations See | Thomas J. Fisher & Co., Inc. ’ J - C.. FRIDAY, JANUARY 19, '1923. TINCAN BANK STOLEN; " MARE ALSO' IS MISSING to police of the fourth precinet last night. . A Key left in the mail box at 1213 N street yesterday was found by an intruder and used to gain access Lo the apartment of Catherine Hay. The intruder took $7.50 In cash and & penny savings bank. Burglars yesterday gained entrance to the Iceland Theater, at 1st and K Streets southwest, through a rear window. Search for cash proved futile and the burglars stole two drums, a pair of drumsticks and & pair of pliers. Report of the taking of a five- passenger touring car from the front of his home was made by Raymond Brunett, 628 Keefer place. —_— Under the safeguarding of indul tries aoct, passed two years ago, du is payable on 6,000 different article if imported into Great Britain and Other the hiding rnest New Fireproof Building With Elevator Service Rental Agents 738 15th Street N.W. 1 l [0 Tie]PALAIS ROYAL 11th and G Sts. Est. 1877 Music Dept.--Basement Just Received on Actuelle Records February Mid-month Releases, Great White Way Blues Railroad Man Loose Feet ) Running Wild Bee's Knees | Dumb Bell J ... Away Down East in Maine.) Carry Me Bick to My ( Caroline Home ) And Many Other Hit Number Special Release on Supreme Word Roll, Love Sends a Little Gift of H s—Who Cares. -A East in Maine—Lady of the E Bee's Kneet Hearts Are Young. Q. R. S. Rolls, $1.25 ew of the Late Hits Da Strain—I_ Gave You Jown—Lost a Wonderful Gi v Buddy. A Large Assortment of Sucred All the Popular Hits on Sheet Record Albums, 69¢ Palais Royal—Basement. Original Memp! .Don Parker’s Melo ning Numbers. Muxic. FINANCIAL. A. Lisner, Pres. 49¢ Majestic Dance Orchestra .Golden Gate Orchestra Vocal Chorus Robert Judson his Five dy Boys 49¢ ¥ Dowr s—When [ ri— To the Bondholders of Midvale Steel and Ordnance Company Plan in respect to Midvale Steel and Ordnance Company 20-Year 5% Cpnvertiblt Sinking Fund Gold Bonds, due March 1, 1936, in connection with Bethlehem - Midvale Purchase Lee, Hiccinson & Co., GUARANTY ComPANY oF NEW YORK, Tue NatioNaL Crry CoMPANY. GeNTLEMEN: Midvale Steel and Ordnance Company has agreed to sell assets to Bethlehem Steel Corporation and Cambria Steel Company has agreed to sell its assets to Bethlehem Steel Company, all the outstanding stock of which (except directors’ shares) is owned by Bethlehem Steel Corporation Midvale Steel and Ordnance Company has made: 2 proposal to Guaranty Trust Company of New York Trustee, in respect of the Midvale Bonds, which pro- posal is set forth in a copy of the Plan enclosed herewith. We are informed by the Trustee that it believes that the carrying out of the Plan is clearly in the interests of the bondholders and that it recommende its adoption. The effect of carrying out the Plan may be sum- marized as follows: » The Bonds are now obligations of Midvale Steel and Ordnance Company, secured by pledge of ap- proximately 9734% of the stock of Cambria Steel Company, but without other lien. In consideration of their consent to the proposed Plan, the security of the Bonds will be improved in the following respects: s (1) The Bonds will have a first mortgage upon all real property of Cambria Steel pany and upon the999-year]ease of,Cambria Iron Company. (2) In addition to the Cambria properties the Bonds will have a first mortgage upon the real pfoperty now owned by Midvale (except the Nicetown lant, which is not to be mcluded in the sale). ese Midvale properties at present do not come under the lien of the Bonds either directly or collaterally. 3 As further collateral security, the Bonds will have a first lien ufon all stock of subsidiaries of both Midvale and Cambria Steel Company (except three small-companies which will go with the Nicetown plant). (4) The Bonds will be assumed by Bethlehem Steel Company and teed by Bethlehem Steel Corporation. ugh this guaranty the Bonds will be further ipmte«:ted by Bethlehem's large capital and surplus. To Holders of Midvale 5% Bonds: _ The undersigned, representing the Bankers who underwrote and offered for subscription the original issue of Midvale Stecl and Ordnance Company 59, Bonds, believe that it is in the best interest of the bondholders to participate in the Plan and program set forth above. We believe that if the Company's proposal is carried out the character of the lien is much improved, an equivalent exchange privilege is created in lieu of the present conv: right, and the intrinsic value of the Bonds is substantially in- creased through their assumption by Bethlehem To summarize, the Bonds will have a direct mort- gage lien upon all the real property of Cambria Stetl Company and the lease of Cambria' Iron Company as compared with the present collateral lien upon only about 9734{% of the shares of stock of Cambria Steel Company. The mortgage will also cover the E lle plant and other real property vale and stock of subsidiaries now not pledged The Bonds will be assumed by Bethlehem Steel Company and guaranteed by Bethlehem Steel Corporation, such guaranty to be endorsed upon Bonds presented for deposit under the Plan. The rental under the Cambria Iron Company lease consists of 4% annual dividends guaranteed on $8, 468,000 of stock of Cambria Iron Company. The Plan will permit that the lien of the Midvale Bonds may be further strengthened by direct mortgage upon the leased properties subject only to an issue of $8,468,000 49, bonds maturing after 1936 in case it shall be arranged to have such bonds substituted for the present $8,468,000 stock of the Cambria Iron Company, par for par, the prior yearly rental charge being thus replaced by a prior yearly interest charge of the same amount. In lieu of the present privilege of conversion into Midvale stock at the rate of $500 par value of stock for each $1,000 Bond, the Bonds will have the right of exchange for Bethlehem Steel Corporation Common Stock at the same rate. All expenses in connection with the presentation of Bonds for endorsement and their return to holders will be borne by Midvale Steel and Ordnance Com- pany whether or not the Plan is consummated. If the Plan is not declared operative by July 1, 1923, all deposited Bonds will be immediately returned. As representatives of the bankers who originally underwrote and offered the Bonds for public sub- scription, will you kindly transmit this letter and the enclosed Plan to holders of the Bonds, requesting g;em to forward their Bonds for deposit under the an. Very truly yours, MIDVALE STEEL AND ORDNANCE COMPANY By W. E. Corey Chairman of the Board Steel Company and by the guaranty of Bethlehem Steel Corporation. Consequently we recommend that you forward vour Bonds promptly to Guaranty Trust Company of New York, 140 Broadway, New York City, the Depositary under the Plan. Very truly yours, LEE, HIGGINSON & CO. GUARANTY COMPANY OF NEW YORK THE NATIONAL CITY COMPANY NOTICE TO BONDHOLDERS The undersigned have consented to act as a Proxy Committee to represent the bondholders. As such Commiftes they will have authority to consent in writing log the proposed modifications of the Trust Indenture and the form and terms of the i which the property and shares of stock will be m will act without com; the Committee will act Depositary. and for the further on Tor el vatwitos. Coplen of the Pian be sent to you upon request to will receive Receipts, in bearer or registered form as you Jor inteceet due z:mn'x, 1923, Application will be made to consummation of the Plan, these Receipts will be lmgnfim.l guaranty of principal, interest and Frederic W. Allen W. E. Corey