The evening world. Newspaper, February 15, 1919, Page 6

WHIP HAND NOW OVER LANDLORDS , Properly Led, Could Untax Realty, Cut Rents and Start Great Bor om. Do New Yorkers really their rents by 2 fame time add vastly to eptate values at least At first glance cal, but economists who the problem the idea ix practien! Real estate has been Mmit of contiseat Gveoo So 17 bankruptey and to preserve “(éLosi Dp | ACCOUNT the Lexisiature altering the syst positions on Public good alone. But the woos of rea worrying the great approximately WAITING rs who have a vote CAUREN | 760,000, The 750,000 rentpayers ar fn active sympathy realty owners, but the Ret the politi payers in order t ~ BRITISH PREACHERS’ UNION PROPOSED T0 BOOST PAY AND SHORTEN SERMOKS. 1 KET TA) AL QW! landlords mits al support of t ing rents so ruthleasly prent is supposed t that tonants Landlords have Believe in N rents unmess yers aid them in keeping ¢ ah or ¢ said of Eden Stories has promised to lower rents RENTPAYERS CAN GET RELIEF BY UNTAXING REALTY. This brings the Mentals of the tax situation declare that Tadically wrong— _ should not be expenses of Government, but that « rent income should bear the current expenses. suggestion ad of living conditions « tuxed to pay This is eound busi. F ness. And to correct the fundamental ® errors in the © tirely new system must be extablinhed & by legisiation. . sentatives of 750,000 rent pay Vote for the measures. rent payers’ for relief, so do rent payers. of reducing th enough to relic not reduce payers equal f © rent payers are absolutely but this makes the reducing the Union believe tax on real estat ding bishops: from real estate a levy on non enterprises in the & genera! tax on incomes or business Why should realty be taxed other form of proper He declared that he furthermore nendment w to untax buildings good to untax buildings, argue, why wouldn't it be much bet tax both land 4 : Chamber of Comme) Couneil of Real s, declared strongly to of the non-residents! is suppor ted | and | And experts say | Would be enough vernmental ex. | Paliding boom and making New the most desirable spat in the try from the rent payers’ standpoint? WOULD ADD _ $2,000,000,000 TO CITY VALUATIONS, Real estate is this $200,000,000 could be dividec and tenants rent payers. give and the ine financial int that these two lev to meet all current lich permanent up $400,000,000 a year . Fecoived the would as the Ment competition. year share tend to add 2% per cent favestment value $2,000,000,000 result of inves » $10,000,000. f their holdings Fertig of the iw SILK STRIKERS TO GO BACK. ————— HAIR COMING OUT? Dandruff causes {|New York 8 to Resume shrink, loosen and then the hair comes falling hair Particle of dandruff, get a small bot- tle of Danderine at any drug store for 4 few cents, pour a little in your hand €oming out and you can’ When coffee disagrees try INSTANT POSTUM a few days You'll probably continue using POSTUM “Lost and Found” @dvertised in The World or orld Building, wil THE EVENING WORLD, SATURDAY, FEBRUARY British Preachers’ Union Is Now Proposed Aa PAYERS HOLD To Boost Pay of Dominies and Shorten the Sermons WEPTELECET Ere Tree Leeeeelee rere eee eee eee Sen ee eae eee Pic STATE'S DRY LAW SEER AND WINES Legislators Hate Heard From Home and Bosses Favor “Liberal” Measure. ALY that! Cong: NY. Feb. 15.—Adv'so¢ eas does not intend to enact legislation defining “intoxicating Nquors." under the Federal Prohibt. | tion Amendment, but will leave to 1 Slates the determina. veation of the aleoholic the individ tion of the jcontent of bi crages, legislative lead throwing down the bars to beers. The Assembly bosses whose open jfeht in behalf of Prohibition made certain the ratification of the Federal ame nt are advocating a liberal and reasonable construction of the constitutional mandate, ‘This with drawal from their former rigid pox jtion demanding bone-dry Prohibition jis the sesult of “letters from the home folk” and declaration by at |least twelve Assemblymen who voted to ratify the Prohibition Amendment jthat they will oppose any measure that does not permit the manufacture and sale of beer and light wines The votes of these twelve members joined to those of the wets will make certain the enactment of a law fining liberally what shall constitute n intoxicating beverage. The wets are advocating definin intoxicating beverag those con taining a8 high as 15 per cent. of alcohol, This high content, however, is not likely to be adopted, It impre able that a & per cont, beer may be le a The advocates of liberal construe- tion who were lined up with the rath = | Mcationists contend that it w better politics to adupt an |content that will stand the pt ihe courts, If we put the content too bigh, the courts would t j notice of {the fact and upset the law," sald one of the Republican leaders to-da “We must limit the alc to what is reasonable Fearful that the bone dry pro holie content be virtually nullified in 1 other States throu of “wet enforc measures the Anti-Saloon Lea Kindred organizations — repre Jhere by at the adoption flying distress ul w Anderson Superinte of the Anti-Saloon League, sent a lette to Gov, Smith to-day asking the Executive to indicate clearly what character of enforcement he would sign. The lett ruche in friendly language, pointed out th. it would be a waste of time for the which h would disapprove Proponent A liberal enforceme law credit medicin ’ with | promoting Prohibition in the hope [that with whiskey and beer abolished tipplers would take to eee WETS’ LAWYERS DIG UP cir products. VITAL REFERENDUM RULING | WASHINGTON, BD. ©, Feb, 15. © of Ohio vs. Hildebrand, Tha ing 10 be the most quoted case the courts have handled in hall & century, for on the United Staies Su. Preme Court's decision im that case Er ce es ee ae {hangs the Erohibition that in . referendum an actual part to the endum constitut bod consent amendment is as vit branch of the up and the content tout very ¢ approved by Lawyer able Journey and Airplane Was Four Hours, mado trip in four} vp of from 4,000 to straight Aviation suburbs twenty op your eye on the ease of the] start ) trip to London, ined that it made tlic round trip in four hou which up to then wa 24 lene for & round «trip between s he Tene . sige Black — Green ow \Usinite is RAAL rere SUNS lOnt Com Sikite BREAKER of those working to amendment. point was first advanced nators from legal League some the decision of ourt Ey sessed iin: 'c!PAUL 8. GRAVATH FLEW IN PART OF RECORD TRIP D CRAVATH Awooe & vnote Made , who wa American International Council telling of from ne and ten minutes, is know Lond in Octe that + and ma in the London, at 11 o'clock in a De equipped with a Rolls eng to Paris, clock ns, Patte ens 8 smooth and ipidly an elevation 5,000 fect to ndon ly and ca WALL STREET News and Gossip of To-Day’: Market—Present and Fu- ture Prices. Having seored 4 nly unfavorable, sponsible market judges wh ing to predict that advance in prices can further substan- which, it must now unforeseen 1ere undoubtedly will be witnes 4 important price upswing: | al list is not pronounced at work, but t there is brought to bear new demonstrated its powers of r+ e much more responsiy Nunfavorable, It is quite evi t that in Wall Street p: except in isolated cases where stocks because of unexpected dividend cuts 0 surprisingly PLEADING CAUSE FrRoma SoApP PoLeir REGULAIE WAY present highly favorable opportunitics saful operations 9656669 S66 5.92063 IN THE such a large degree of confidence, days of really HEROIC DEATH WON CROSS AS TRIBUTE TO LIEUT. STEVENS ‘ween du | Chief Pharmacist’s MateTousic, New Yorker, Cited for Gal- lantry With Marines. siveness of the best posted judges believe that | develop a definite trend from the prevailing level until the financial and Some very important Yall Street is hop disturbances » unanimous in experts of the answered fits canno applied only to State sbthnd Logs lh » in most lines of big business mad mm the court ¢ that the referendum was as ap appertaining to Federal en- nts as to any other, » as mentioned, the State of Ohio vs renrrangeme iets cf 1 held that the referendum was no | Copper wages in the Butte But executives in » steel industry feel that their em ployees have been so liberally treated | ; ty Hildebrand will accept t announced to-day Second Lieut. Harry Stevens bh Macnine Gun Batialion-- extraordinary gain the current wage | © DRY'S SEND ee TO PEAGE CONGRESS Stevens fell morta! put refused to be station until ‘he taken to the dre had directed the nself that it w Loonard E. Rea, 5 Second Lieut. tional headquart For extraordinary heroism in J action near Lieut, Rea r of his platoon after re: | wound, which rend eation to the tained command > protected in its such agreements as will it when it puts prohib: d him unable not embarrass: tion into effe officials also commanding office ther, Auburn, N. Y announced that ic, United States Navy United States Ma all of the larg has is to be extended to no regard for Pharmacists y been opened in London acuvity and cou Rin coms an educator, convention Vor extraordinary | MAJOR GEN. RE. E. WOOD OUT. | a bombardient Pharmacist's ur times crossed an has been re! own request and will return aymy when the Unite dangerous pe usen volunteered Sergt.Van D Juartermaster ve to Our W, French Childre thelr WASHINGTON, MAN SHOT IN STREET. e; Dies Concenl- where advised to-da: “| A Cup of Tew -“SALADA" Fresh From The Gardens Try a ts Only Te so that I was th 8 walking throu shed pilots in the I had ¢ tions, no @ Who shot youR" laf of ‘arphuned Gree! Sealed Pa: PS ARI <n nm et en dare TO-DAY'S PRICES Net High. Low, Law. Chae MRI Ost ‘ 44% or Total sales, stocks, 445,700. Votal Bonds sold $ 000. Interest centred in the Tobaccos ind the shipping list at the open Marine preferred gold at 100 11-8. Royal Duteh w ng at 96. Disti strong. American Hide and I preferred repeated its high of th 21-4. Tob high at 8 1-8. will show CURB—€ ed dull, Houston Oil, 85; Midwest Refining, 149 1-2, up 1- Royal Dutch Shell, 89, up 1-2; Inter, nt. Rub to 17 1 Gen. alt, 67, off 1-4, »yal Dutch sold 89 re neral Asphalt to 4; Mrrt 9; Stand. Mo! Motors. wa to 1-4; Fed JAB, 16 1-4 to 17 1- 28 8-4 to 4 1- close was firm, Midwest, 15 Royal Dut.a Sh Houston Oil, 84 1-2 off 1- phalt, 67 off 1-4; Merritt Oil, 24.1 up 5-8; Boat, 12, up 3-4. EXCHANGE OPENING Jdemand 4 4, cables 4 1-8; Swiss francs demand 4.92, cab! J4.88; suild ‘1 holm « ables 28.10, Ph ase of $3,156,076. on Friday. 1, increase ¢ usury debtor at Cle Fede Sub- House, $1,7 Bank credit 123 3-4 tol , of 11-4 to 1 1-2 », | May, 120 to 119 1-4, off 1-4 to 1; July, Mus-/116 1-2 to 114, off 1-2 to 3-4; Maren off 5-8 to 7-8; May 8, off 1-4 to 5-8; July, 4, -8, off 1-4 to 3-8 for day j co low, Ta | Maret sen Mia 5 jah ats ‘Market’ closed strong up 60 points COFFER.—Range for day nts, t| Closing B. & to 5; June M4, 13, 90 to 5 Oct, 18, 60 to 5; Nov. 13, 55 60; Dec, 18, 47 to 50; Jan, 12, 40 to onary |Peb, 13, 35 to 40 ®! payable March 15 to record stock |Feb, 20. This is a cut from a $6 an Four | Is of | contributed 18,678 francs 5) to a fund for American State Department nual basis. ferre In Perfection CLOSING STOCK QUOTATIONS. wy te % 8 “ 8%, up a feature, se!l- ers Securities was her cco Products made © was very strong, as the fupli-da high. Midwest touched 150 and to 148. Houston 85,1-2, up 2 71-2, up 1-4, Asphalt, pfd., 100 to 102; Phil. Morris, 8 1-2 to 9; Tob. Puts. rts, 4 1-4 to 3-4; Wrt.-Min, 3 1-2 to 5-8; Br.-Am, |new, 26 to 1-4; No. Am. P. & P. 3 3-4 3 1-2 to 4; Magma, 26 to 8, 8 to 8 1-2; United 3-8 to 1-2; Boat, 10 1-2 to Am. Marconi, 4 to 4 1-8; Int. Oll, 3 to 1-8; hip, 3 8-4 to 7-8; Int. Cont. sinclair, up 6; Inter. Cont, Rub. 17 up 1-4; 1, 88 3-8 off 1-8; n. As- litranes demand 5.45 3-4, cables 5.45 demand 41 1-16, cables peseta cables 20.17; Stock- a, $71,634,452, 64,852. Boston, $49,- $170,000 to the Sub- ing al Reserve March Corn, | owe DIVIDENDS -— Copper, Range, $4 U.S Envelope Company regular semi-annual dividend of $3.50 on pre- , also regular semi-annual divi- dend of $3.50 and an extra dividend of 50 on common. Alf dividends are payable March 1, PARNINGS — Underwood Type- writer Company, year 1918. Surplus after charges, Federal tax and pre- ferred dividends of $2,130,84%, equal to $23.67 a share, earned a $9,000,000 common e¢tock, against surplus of $22.38 w share on $8,600,000 outstand- ing common stock in 1917, Indiana Pipe Line, year 1918. Net income $1,146,282, against $1,454,154 in 1917, NoT Magma copper output tn ; Jan. 900,000 pounds, Mason Valley, 1,111,000 pounds The Stock Exchange has received @ notice from the Irving Trust Com- pany of a proposed increase capital stock from $1 0,000. Northa will receive bids to noon of for purchase at di count of $200,000 temporary loan matur- ing Nov, 20, 119. The National City Bank is cashing vome of the Russian Internal 61-2 per cent. bond coupons due Feb, 14, In ac- cordance with the option the holders have of accepting 1h cents per ruble rate fixed by the Financial Attache of the Russian Embassy, The Committer of Ways and Means of the Massachusetts Legislature has repo: a bill to establish a fiscal Axent of the State in New York City. The State Treasurer may deposit in a National Rank in New York such sums 8 necessary for public business, but not to amount over # per cent. of paid up capital of the institution. Interest on deposit shall be paid into the State Treasury */MAGKAY PREDICTS RETUN OF WIRE LINES SOON Declares at Postal’s Annual Meet- ing Burleson’s Course Leads to General Demand. Special to The Keening World.) BOSTON, Feb, 15.—At the annual meeting of the Mackay Companies to-day Clare HM. Mackay, Presl- dent of the Postal Telegraph Cable Company and the Commercial Cable Company, which are ¢ rolled by the Mackay companies, said: “We look for an carly return ef ur lines. Under the act of Congress they are to be returned to us on oF be the proclamation by — the President of the ratification ef peace, and we do not think that ts very far off. Furthermore, in view f the recent increase in. telephone rates by the Postmaster General with promises of further increases to come, and the threat to increase tele- graph rates, there is a very strong demand coming from all over the puntry that the lines be returned immediately to the owners.” AILROADS FAGE DEFICIT AGAIN IN PRESENT YEAR Director General Expects Lines to Be Able to Finance Them- selves by 1920, WASHINGTON, D «-15.—Railroad revenues for the calendar year 1919 may again fall below the combined operating expenses guaranteed by the Govern- ment, Di | Hines, in his statement @ the House Appropria- tions Commit 5, the text of which was made public to-day, declared could not reasonably expect. any surpl do we may find a moderate defic The volume of traffe is grad- u ly fallin Mr. Hines stated. The new Railroad Administration pel- ley, Mr, Hines said, was, in substance to taper off the ff J sid whieh te ing given This, he ex ined, is ni ‘ary in order to let the ads have ti to recover tehir former sources of finances in event a sudden relesse of the I # |s authorized. By the endgof 1919, Hines predicted, t rads wit u few exceptions will be able to finance themselvs. > — Masked Mob Hanus Nearo. SHRE “ORT, La. eb, 15.— Will Faulkner negro, was hanged vy « mob of fifty masked men neae here, He was charged with murdering T. C. a wife, A Pleasant Duty Everybody from grandfather to the baby enjoys tooth cleaning with SOZODONT. It flushes every cranny, stimulates the cir- culation in the gums, polishes the enamel without scratching, and is wholesome and refreshing. The after-feel is fine. Oaol. to} FOR THE TEETH Liquid—Powder or Paste SOLD BY DEALERS EVERYWHERE THESE DURABLE SOLES WORN BY MILLIONS “After giving Neolin Soles a thor- ough trial, I would not go back to the soles I used to wear even though the cost were less, I receive twice the service from shoes with Nedlin Soles,” writes G. P. Jones, of Omaha. » More than 10,090,000 pairs of Neélin Soles have been put on American shoes. People were quick to realize the ad- vantages of this scientifically-made sole its long wear, its comfort, water- proofness—and its final e Good shoe stores everywhere ‘sell Nedlin-soled shoes in many styles for men, women, and children, And any repairman will re-sole your worn shoes with Nedlin Soles—made | by The Goodyear Tire & Rubber Co. Ms | Akron, Ohio, who also make Wi Hesle--suarenion’ to outwear Nenlin Soles