New Britain Herald Newspaper, December 28, 1918, Page 11

NEW BRITAIN DAILY HERALD, SATURDAY, DECEMBER 28, 1918, T * AMERICAN SAILORS PARADING DOWN FIFTH AVENUE |1muoet s s dioss, e - ! ‘Henry CI{?WS | her great empire, she is abundantly able to sustain. France, too, Is equal = . to the heavy burden thrust upon her; f Weeki‘y Letter { o i : s ; 4. : . but both Germany and Russia are % » 4 i overwhelmed by inflation, and threat. MEMBERS NEW Y¥ORK STOCK EXOHANGE : 3 , ‘ : o i ened with repudiation and bank- = o e S 2 t : ,;,,-‘, TN ! : : : . » g o > Spelppibl Arenudistion s stdgnan e 31 WEST MAIV STREET ......... . NEW BRITAIN, CONN, e e " : L i 5 considerabie inflation in this country, TEL. 2040 i 0 ,f.;' .,‘,’ ,°L, ‘ \.[17. : 5 3 o ¢ . 2 5 3 as is always the o in war; bu? d and not ckwarc be the L R & 7 thanks to our ederal reservae system an for 1919. Today t b\wrm is G _ : : et W ‘;::k:‘ffl‘“ Lield conservation of our AMERICAN HARDWARE g new problems of the niost per- ; : we have never crossed the haracter ever created, and | o . 4 {1 o ! et anee il - 2 | o - > - s e | LANDERS, FRARY & , ng year are unavcidably of _ : : e g ) our Allies have been titanic. naturally 1“hs the most absorbing questions &0 3 5 - S Mo E % o L completely that little or no capitat Il be those relating to demobiliza- % E ‘ 8 b T dnf 2 FE08 : { was available for ordinary enter- NILES BEMENT P@NB jf and reconstruction at home and | 3 ; . : : : Y ok ; » prises. This scarcity of money and » ? ad. The return of our army is ; : B S S s T %< : e capital m be endured for some STANLEY WORKS sady being conducted on a lib- > 5 £ % % « ) % months . owing to the urgency | scale, and our fleet is again in 3 ¢ SR F o g of after-war requirements, which will BOUGHT AND SO ne waters, both branches of the | 3 ) SR 2 el 3 ! nece: te a further postponemant of LD sice having completed glorious 2 X ¢ ey R R 2B g ! new venti When war demands | victorious errands RS Lo A 2By 5% 38 da cease, a heavy oo apita) | T N R S R R T A e 1 B B 3 B s ¢ 27 3 must be expecied: and the only check > F upon inordinate development will be | lal to any that existed when war ¢ i Mchile < 1) g high in rates and high commod- = at its height. Russia “is till | 5 e - 5 B % SRS F § | ity prices; conditions which are not DWI and no ore can tell whither or 2 2 : ¢ 2y date, & 5 ‘e the end will be x | R $4% A T A source of considerable apprehen- Hoom LIoENationaiEBank Butlming, Telephone 130, amillar with Rus ¢ ; 4 ¢ # slon at this time is our national logla- E. F. McENROE, Manager, s belteves she will emerge from e M g ” 3 | lature. Drastic tax legislation, es- | 2 many scems to have steadied her- ; s e TUACsE 1k i its, threatens to dry up the chief A BEninst b=l shock rollowine col LX) e : : : ; gource Of new capital, which is the | e of the Fohenzcllern dvna 22 P . i By S savings of the well to do, and if the | Bought and Sold otution jx working a drastic curo | & i i 3 present measure is passed in its| e also; but no such chaos exists : . : § &3 present form its effect will be to stop | n other Central Powers, for Ge ¥ . 3 o : S 2 £ & new cnterprise and bring on business | : 1 depression. A more moderate Dill | e i T o e e e e should be provided, spreading the | ~o¢ | Ponn R R osta ipient of some stable form | g 4 i : - : ‘ f 4 hurlde_n u‘g lnlxn on aver nllnng;r pe- | . & Poaple’s Gas .. democ - goverrment; nossibly . ¥E R S G riod by bond issues and distributing | S & he fede f a series of semi- | e i 8 . o Sk fF more equitably in directions “'hcr';r Flnan(:lal fi*‘;,“é;’,,i‘e"' s lependent s s. As for Austria, S taxes have thus fallen very Ughtly or | Ve oo~~~ ~~ o\ } Reading & llans Tu e autiaok escaped altoget There is also [nep T 8 oo i de n ain, though . ! : much concern over the tendeacy of the | : R b as fa practic- | - = : = shipping, telegraph and other utili- ! SIngsolie these pr ms f 3 S > upon the lincs of race, nationall- ties, which too effectually throttles | j‘;f:é‘;;’;m Y ... akor nd self-determination. N e s - ""y' Eodunng o ere ow- 3 Rodman e lors between lines | enterprise in those directior Pub- ee i cars will be required for the re.| A Sceme on Tifth aveaus, New |ing the review of the flect. Admiral| of cheering people. N (A e i G e Texas Ofl ... Y such move and these tendencies at ! { Union Pacific y of these nations 1C 3 — s —— e s : ' Washington are lfkely to arouse much | [initod Frult ess and hat . v German | great banking institutions are alive to spects been almost as marked here as | of nearly all : i q opposition. | Tiah Copper .. | ! 11 forms of production, dis- 1 '8 Rubber Co ality can be f If there |the future, and American branch there. Great social and political ! i T ¢ The future of our railrods is sth| ila! Hne :}(K'u lesson to be learned |1 II( are opexing all o thefwormv changes are inevitable. Some of them . Upon many occasions such rules | UDCSrtain. No experienced judge be- emand 1or U. . oigel and hails {' ‘?:“tlopll fd terFible conflict, it is that it | Under the Webb law, designed ta per- ' have already occurred, and others will pressed hard SR e lieves they can possibly be run as einses Bt pressed hard upon all branches of in- Y Westinghouse ters much what sort of ideals a | mit combinations of exporters, very : follow. Fven now we are uncon- divi D jyeiE I Eavepnumanl Cwnsrehi | i y e i low. B o ° - | dividual and corporate enterprise, and 1 alses lgOI‘OllS Rall 7 se, well under government ownership as Western Union jhe year cioses with Centrs in a state of intense fermer AN iy is essentially an orderly and ion stands for. Ever since the|eXtensive preparations are belng gciously In a quiet and orderly rev Blisiness . . - prow restive | Whder private ownership. Besides, n of Frederick the Great Ger- }%’:“"f“;o.’md} many }av:d (;nf‘xwmal COr- | ution, Extraordinary incursions hav \}::L; nmmflln]xrNU\:;-Y;‘ fi::’p‘;,‘;:?;ei public opinion as a whole is decided- | R { il Cvertand r}‘do‘\: rlf?;:‘ri";‘y:‘q“}\:lr-“:rr\]:“f:pm: hm\;, '.\m;\‘ll\('o-v]wr“l“;nx h;ex?: ffi;‘f‘f:. :em.‘ mmle,\‘ by the govefnment into | thus incurred; not to speak of the L’mi“fi.‘:fi:e;"i}; : ;ZT“:“E,;,,,;‘,Q‘;" ;g Stocks were feverishly active dur- et semBler forees Which srought on | Dortusity With the larger under the i@ oo~ Oleny Xew functione were, trletion and trouble duused by Inexpe- | gailafactory regulstions oan ba put| Ing the day'e bile? session, the Sharts | SR A e et e e s heR e (e fanac i Poojected. SandBomdla Pactivilodivete micn cealia na b tiranylom i Ta AT (e e B e SRR T s e R Lo i " ) 1 8 a stification. | ¢ issues. e in- | E anal these two primitive hu- | to avaid p ible conflict with the - & X = I ) Instincts will be found to have | Sherman anti-trust law. During 1919 NeW flelds. Not a few of these activl- | cheerfully cndured for patriotio rea- | Meanwhile the roads should be re-! cluded Marine pfd. coalers and trunk the main incentive. Happily | We may look for a large expansion of les are sure to remain, despite de-|sons, and now our manufacturers, |turned to their owners as soon as| lines, secondary steels and equip. three great nations that brought | €xports and a very considerable mobilization; and whether govern- |bankers and merchants, after real ex- | consistent with safety, aad in strict | ments, coppers, Sinclair Ol and utilie 1§ Lmany to her knees fought to|Browth of imports, although the lat- Ment ownership of public utllities ex- | perfence as to what It means to have | accordance with the promise made | ties. A vigorous rally ensued in the i % instincts, which so cruel- | ter, under present conditions, cannot Pands or mot, it is certain that gov-|the governmcnt in business, are re-|when taken over by the government. | second hour. however, om & demand 1 sted themsclves in relentless | De cxbected to kcep pace with the ernment regulation of industry In | joicing over the prompt apbroach to| The labor outlook has caused much | for U. S, Steel and Investment reil and rampant ambition, | former, and we shall still continue to Some form or other is destined to | normal conditions. At the close of the o i Sheecie i i L L o il ) unea ol unzattiome | The closing was strong. Sales ap- | ps o : : ho great international | be a leading creditor nation. The &row to much wider proportions. Tear! fieliaiironds L shinping L ele | R e e e e e o000 e e Fmed for Dl\wm With t Licens Siaiaas so | 0nly means by which these debts can | parently this is the only means at| zraphs and telephones remain under | PY Digh costs of living, war wases Ls St i e L itiout License | - moral as in the one just end- | P¢ settled and by which foreign coun- present of satisfving public dissatis- . government control; and a measure of | Peing the chief cause. Probably lhei b(mdis ;m;a, h,mv”v LRdoLEln e . NI and it assuredly promises well for | tries can buy our products is for a faction with the management of biF | regulation over forcign exchange, gold | Situation will clear itself. There 1s | © Nuam o 0:30 o oo and Evadmg RESpOHSlblm future of the world that Ameri- | liberal graating of credit on our part. business; and if intelligently and effi- ; ind bank credits is still in existence, | @€YV likelihood of plenty of employ- | .4 all ; troet, 10 130 & m. Shippiags y Sritain and France were s un't in | &1S0 & much ~Wider investment of ciently applied—not in the projudiced ' The government alse holds immense | TeNt at good Wages, and a shortage | botoot s togern. atock oore &t the B war for freedom, equality and |AMmerican capital in foreign enter- spirit of the Interstate Commerce | gquantities of merchandiso w &t |(oti1sbor Wil inel ereaily geslioved byl G asr, 28 (SCTA sl BnaRet, (MR SERE L O ernity. This is # trinity of na.|Prises. This is @ new but necessary Commisson—the country may bo be sold, and stil ses more or | Teturn of men from the front. Bm- | guie r,f‘m,“ft;";‘l“t]"1‘.‘1’:’:"“ e Resiol d0sand Bloesial0on i each fis and ideals that can bo trustea | departure, and ono thet - will (0 | saved from the illusions and defeots ' less control over e ognizingEthelsltunttondare || Serods Soocn iont ne oo ot | STunL U FEE e ImpoRsil § upon | He (1Y make the world free and safe for | ”f;“)”: 2_\(’1 a“"“lf"”ziiso g‘h\o“;ni\n” of government ownership St e respects, however, | Senerally willing to make reasonable | {,'s1o propased sale of the compan | Kounaris by Judge Meskill this mo docracy. 5 : Industrial demobilization is pro-| public regulation has almost com- | CONcessions. The movement to re : : ach | fo.-" e the war is our changed attitudo |y (i,c"more freo capital than any military; and the government will! Our most pressiag domestic probe through discussion, getting together. ingy with Brooklyn Transit, but oils, | ers license, and ovading re rnationally; a change which has| &5 e T (o T e e it o L : P considering the other point of view, | ga5 shares and obscure specialties |1ty in an accident. Kounar Vot been fully appreclated, But|Other country; also having large gold pavelo 1 fe _Of |lems during the coming vear will be|and bearing in mind the humanities of | were irregulssly hixher -‘P St [ R = e it as we may, we are no longer J : "“’“t’)" iCeouie f“’“} "ft"ess ?:‘ o ":’]fl‘r;‘ ol lemonian ieronped Findeniin: : ien trade. | {he situation also promises to aid the | 1,0;,,1'S ,‘“'li\,l .;,i,h'&{:n‘,\,;r"';(w..,,,.,;i':,‘.: Atary dicoe eclise among nations, for we have iAo 1:1(;,-!'::»'159?\( ’:o:‘ ?Qd X‘:}"{f\i;:‘ el h““lyg‘fu_n("lt;rrn:\m;o !nh;r,_ h\[nfll.nv,, roads and com- | solution of an otherwise threatening | fng quotations. TR out “stopping to Tlain ihe ,ped out holdly Into the e e e e e sl Sonee isfandon R certinie) e e BT a0 | ew York Stock Exchange quota- |of damage. George Constar da, spending blood and treasure | ““7. ¢ NI e aRerad Tess and BUD.10.C S A s Chion bl ape than those of any | fricndly spirit can be established be- ! tions furnished by Richter & Co., | W8é arrested in connactic ishly 1n proof of our determination | ROUEN e EHLianed s oon o winning the w By means of pricesii belllgerentbecause § the stiain ' hae [ifiveen capitaliand fabor including Tec-( rio bars of lihe New ¥ ork Btosl mxe | sarme ‘Accident it havine b iphold great national ideals. Quite | SPCDt less than some of our Allies on fixing, llcensing and other methods, | been les and_ resources relatively | ggnition of their common interest | npor o L 6 ENEW L OX K DO CHRL A= ot ne tanlsolditie = the war, its effects have in some re- ; the government assumed supervision | greater. Great Britain has assumed a|ang co-operation to such ends, there | change. . . s SRl will be no serious trouble, | II;;:\"“‘L’&W 4 ‘]th:c; of the transfer, was fined $10 and xpectedly we developed great | | Among the difficult questions ahead | jAm Beet Sugar ... 61% 61 | costs. Mr. Hove was driving into § fver in world politics, largely be- e = S il = it may be taken for granted that T NNIS STAR OF THE Y AR S is that of shipping. We have built an 5 | Mary's cemetery on Christn m will neither relinquish that power | E! | i enormous tonnage; and though (ho | Am Agri Chem 1007 Iing and having given his signal ise of our disinterested position: g about to make the turn wi the n shirk its obligations. Our presi- : war is over the prese 2 : s present schedule when | am Car & Fdy Co. 913 t has set forth certain ideals, in- . z 3 built will give us a fleet of about 16,- | y 1\ 1.0 Ty oo 10 A0 % | torcycle came algng 2 fded for the good of mankind as Z 5 000,000 tons of Government owned | S AE y his car. Koun who Am Can Gl a8 3G th 9 e d abla 8 ne motarcyele d Am Loco, ... . - 61% 2 ing any questions or ascertaining tha fch as for our selv Difficult as 3 % ships. What to do with them when | |{Am Smelting ..... T6% 755 4 | qamages. A fender n Mr. Hoye's e ibo ot meal Sation Aievicor, s finished is a vexed problem. They | My s rentpseny e Rviows oL il e 2 have been built at extraordinary ; erican people, and form one of P " > = cost, from two to three times that of | AT Sugar ..... i et il aamucedlio fihe dmpuni ol i oe R omeclopacon Lt o ol . equal ships in Burope, and the Gov- | Am Tobacco ... 913 191% | $10 P war toward establishing fihr‘. fu- i - ernment could not sell them except } Am Tel & :Pcl ssee 8 9 Ordered Out of City. i peace v s morld,. M W an : § at a heavy loss. As about two and | Anaconda Cep Bmiabis Bats ve GpuY o a half billions have been appropriated | A T § I'e Ry Co P msenity of yeciade amreas ; for this purpose, it will be scen the | Baldwin Loco g lerortsrowardfestablishing e ~ % vk loss must be heavy. If the ships be | B & O . S gk lons;fend Seven fEtould 2 : chartered to American concerns, the /B R T ... sot entirely succeed in his - - latter will be handicapped by heavy | Beth Steel B - flect; he will at lesst have s i - . : costs of operating under the Amerlcan | Butte Superior .. olint that A th a living ideal which time and g . g Rt T e siopeseall tnenatoral o | ICaniatn batincl yeThe s ; S el o mmon inter eventually turr ? i ¥ compensate the American owner by | Central Leather .. 4 ] % ing found Ryan asking hou el it i i o L adequate subsidies, which, however, | Chesa & Ohio .... 53% for money. who has Jrhe war quickly charged this coun- ] . : would only aggrevate the already ex- | Chino Cop .. T : arm, lives on ffrom o deptormation o aorie E L 2 cessive burdens of the taxpayer, who | Chi Mil & St Paul 383 small articles from door to door BE odiorienon o1, the o wnitl e Re - must then pay for the losses of opera- | Col F & T : . hnulating our foreign trade to such o : . tion after supplylng funds for build- | Cons Gas Fined For Theft. fiireoitnas I e R anE 0N e Sxea a . \ e ing. This is anything but good busi- | Crucible Steel § :u;"";'\jm‘r';* S - S l.»'\‘f:[.[ o W ness for either Governmont or people. | Del & Hudson B s ior it abrerhed ‘ : : For business men the outlook is | Distillers Sec 000,000,000 securities, and have | ». 5 [ - o loaned to our Allies about $10,- il % SO g P ‘ many uncertainties referred to, i ‘l(".!')(-, YASf }‘t!;rl ‘ P100,000 net LOur inationally : } i : Monetary restraints will have to be (T:f',:",‘;(.’h‘,‘f(.””( st e i . : carefully considered, since there is | Guent aor nfd per cént.; our bank deposlts abou ; 3 G an unusual degree of inflation in both | (¢ gy 25 “r'u‘- e per cent. and our bank clearings S v fnancial and commerclal affairs. | G NoT Ore C I,s . BEIYE 0 aner e el ] Commodities are upon a hazardously | 1 10 e arrest followed. fears wy Lhave i eapec L e 2 e | hi evel, owin worldwide scar- . g sl 2 = 0 wottom to & good hav ’ - ey ine . B e e L . 3oy Given Warning. P00,000 tons alrcady completed a o some recession must be expected. | 2 Jo0G.000 conaiproleciad AL EDL Should the declines come gradually, | Kansas Clty so o diversion of our ecoromic ene [ e : the result will be stimulating to busi- | Kennec Copper ... 3 . Mnies L< aad the consequent dislocation of & s ] ness by alding a pertial return fo | Lack Steel ....... 6 Miacer McDona or, we produced more than ¥ s % 1 more normal condition: In the agri- | Lehigh Valley ... 5% 5 >4 tired of beating the “ki pan- e world’s supply of copper and oil. § ; cultural regions there is much pros- | Louis & Nas % 18 | pandling in the v took him to steel and cotton ws already pro- ¥ . perity resulting from prevailing high | Mex Petroleum ... : 8% | Officer Lanpher fce vastly more than any other na- - 4 2 prices; and in manufacturing districts | N Y Air Brake ... E him arrested. T 0 W9 Srased Mureer LA nE O = : the same is true, owing to hizh w | N Y ¢ & Hudson .. bathered for some time by boys b fain and cattle than ever in our his- S In consequence there should be a wide | Nev Cons ........ 167 ging and causing dam to pictures and Mr. Hoover has told us that ¢ 3 distribution of all the ordinary neces- | N YN H & H R R Jeft outside. e t understand . sond not;less thant2y, 008,000 sities. What is most needed is a strict | N Y Ont the psychology of begging, the mana- 8 0f food this year to starving Eu- = conservationism in all important busi- | Northern Pacific . 9 ger said, and are found around only e, which can safely bo done with- £ : ness ventu also a wide economy | Norfolk & West 107 4 the afternoon. Tn the cvening the t causing any scarcity at home. In o among the public at large. If these | Pac Mail § S Co . ment pays the war tax. th; the United States has found it i F simple safeguards are Carefully (0l | e B f internationally. . . Jowed for the coming year, the effect | 2 the foreign trade we are sure of . s e e e, o | eat development. Immense quanti- : : pave the way for a safe and certain | 7 e oqt ° s of commodities, crude products . : ARl | C T d Saf D S C . d building materials will be want- % 7 HENRY CLEWS H onneCtlcut ruSt an 5 € ,_l?‘ in Europe for reconstruction. . A STRONG, RELIABLE CORPORATION R e SWDESH CLUB SQUIAT: |l organized and qualified through years of .Cffi‘g,‘,‘.“ red, and 1s making a prompt start; . Tho B moaian ! Social folub will trustworthy service, to act as Conservator, Guar' ian, a social in the rooms of the izxecutor or Administrator. it much of greatly revitalizec ' velopment of her own empire. Tho A - social club Tuesday evening. B Capital $750,000. S ol i Profits 1,000,000 ergy will be consumed in the new hited States will, therefare, come in e e s liberal share of this new de- S p 1 e 3 4 lics are invited to attend. A com- | . T d Saf D C fnd. We, too, are making ambi- 4 : | B Wt £ traas devilopiient ' in Mhitten hae heen appoinied by the so- | § Connecticut Trust an e Deposit Lo. juth America and the Far East, and ional championship by his | ciety to arrange for an entertainment | HARTFORD, CONN. 3. H. WHAPLLS, Pres't. hny new opportunities will he open- Robert . Tilden, | which will be given during the eve- by this great war. Several of our § been ranked No. 1 on the official rat- §in war work, he succeeded in win- i:nng, Refrecshmepts will be served ’ {ing Kounaris was charged with op- William Ryan was ordered to leav the city within one hour or spend A fine of $10 was pos Patrick Glynn who v rre terday morning for t theft eral pleces of harness from Sam latner's barn on Oak street. The harness is the property of Nathan Gordoa and was sold by Glynn to ~ouls Comnick! The harness was | missed about a week ago and a com- plaint made to the police and the Soow & promising, though confused by the |Brie ... Py St o ahNan § o Interboro pfd Lindley Murray, who has | ing list of the yvear. Although cngaged 1 sensational victory over . his closest rival.