The evening world. Newspaper, June 9, 1920, Page 26

the endowment was $1,200,000. Now, in an era of fifty-cent dollars, the endowment has only increased to $2,000,000, It needs $6,450,000 to put New York University on a stable financial basis, a sum modest enough when compared with the endowments of other great universities, ~ New York University is typicalty an institution of New York, Its field is primarily preparation of New Yorkers for New York. Yet it is one of the great 43 , educational institutions of the Nation, | BP Nithe mean time Herbert Hoover is quietly golng | 1 receives no assistance from State or City, It about his Business a-thousand miles from the | has always relied on the Rerlerosity of private citi- Chicago Congention. “ zens. It deserves generous treatment from New “Let the rest of them talk; they are doing enough | Yorkers, not only from Alumni, but from the public fit?” is Mr, Hoover's sole comment on the ructions | #5 # whole, gside Lake Michigan. ; ) It was President Nicholas Murray Butler of Colum- “who called to mind the other day how the Re- can Convention of 1888’ sat for seven cor days and finally “selected Benjamin Har- because he was the best man intellectually for tion.” Republican Convention of 1920, may ballot ballot until it finally selects Herbert Hoover That was the. one distinguishable—albeit shrill merely because he is by all odds the fittest man ty | enough—keynote of Senator Lodge’s keynote “Po,President, speech yesterday as Temporary Chairman of the |) Ata pinch, it’s a reason. Republican National Convention at Chicago, The rest of what the Senator said only rang ii Genor Blasco Tbanes, reporting the conven- changes on the bitter dominant theme, Save on its TT tise Sor The Wotid, cbetrves That “South Ameri: destructive side the address was singularly meagre "3 i oon os, “although smaller, are more conventions, and meatless. }) )@mimated end vehement.” ‘ obsti } {ve ee Se tl and eka ta. ain , The ructing of peace, the plot that has kept Dj) years ogo. Even Hell Roaring Hi can present the United States out of the League. of Nations, the “ {daly © vague and misty suggestion of the ant- Shameless repudiation of earlier national pledges Aaa ee ak the be cca thee ppdlars agg Roa. and, on the other hand, the advocacy of an, Ameri- i sag ‘ can strong-arm policy toward Mexico—all these things were duly clothed by Senator Lodge in the ennobling guise of so many patriotic Republican de- fenses against the Machiavellian schemes or political depravities of a Democratic President. * A national party convention is the natural place for this sort of partisan Philippic. But the country does not forget that tHe vindio- tive keynote sounded by the Senator from Massa- chusetts at Chicago is merely the culmination of a course of speech,and action in which Henry Cabot Lodge has for the past eighteen months sacrificed the largest issues that eyer involved the future of this Nation and the world to the narrow intgnsity of a political hatred that now finds concentrated ex- pression. If the United States has nt yet taken its rightful place in peace, if its honor and consistency are not* yet established in the eyes of other nations, if its trade and commerce are still handicapped by its anom- alous position in relation to a treaty that other peo- ples have ratified, the blame fests—more than upon any other one man—on Senator Lodge. The great majority of Americans can see no com- pensation for this shadow upon the Nation’s name, this drag upon the country’s prosperity, in a situa- tion which permits Senator Lodge to open a Repub- lican National Convention with the boast that he SENATOR LODGE’S KEYNOTE. pial Dy bd end Mr, Wilson and his dynasty, his heirs amd assigns or anybody that is his, anybody who with bent knee has served his pur- poses, must be driven from all control, from all influence upon the Government of the United States.” ; THE GOOD OLD DAYS. * SAMUEL VAUCLAIN, YANKEE. EL VAUCLAIN, President of the Baldwin } Locomotive Works, recently returned from , wwith orders for $100,000,000 worth of loco- according t8 a story which appeared in The yesterday, , The locomotives are to be delivered to Rou- n Mr. Vauclain did not sell them. He traded oil and oi] options which the Roumanians have These contracts for oil delivery Mr. uclain was able to sell ta the British Government -/Here-is an echo from the era of the American clip- ship, when “Yankee” was synonymous with der”—“super-tfader” woukt be. more accurate, | This threescorner trade harks back to the days n “international exchange” had its original when exchange meant a trade of com- dities after a dicker. «| ; ."Vauclain’s trip was in essence the same sort ‘an operation that, was common in the days when Bedford, Gloucester and Marblehead were _ Known to the Anttpodes. In those days hardly a of the seaboard towhs butshad a share in one many trading enterprises. The skipper of the~ chooner’ was a navigator. » Hé was also a shrewd gainer, a miaster of barter. He could swap with best of them. And he did. In these days the Yankees knew and were known n the markets of all the world. They knew where g exchange the products of their looms, their for- na ts, their farms and fisheries, for spices, tobacco, | #4 his followers “have stopped Mr. Wilson’s des and skins, for rope, {bre and copra, for gold treaty.” » d jewels. Again, they knew wW to dispose of ‘The people of the United States have no reason to be ashamed of their party system in so far as it Has produced in the past fairglivisions on just issues, But they can feel little pride in it when, after the most disastrous war inshistory, the keynote of one great party in a Presidential campaign is the exult- ing of a leader over the injury he has been able to inflict upon the opposing party and its chief by a cold-blooded hold-up of peace, ese products in Europe and bring back to America yeased stores which the American market would ith a profit to New England on every are helpless in the face of a world-wide in “exchange;” the American business has the opportunity to venture forth as the fankee clippers did and demonstrate the real mean= of the word. ° “Trade may be organized by comniunities or. by Now York delegates warn President Butler | that they are apt to desert after the first Soma nity of interest. Manufacturers may club tee Prigig ate 1 aa ~ hovethe lust we print lumbia’s President: A ‘to dispose of surplus output and charter Priagtnes to do the work. There is demand for Ameri- products where there is no gold. There is TO PROTECT OR TO CONSOLE? 2 Ib sctnb aa the bequest of an elderly New Jersey bachelor, provision is made for a home for bachelors and widowers, The public will watch the development of this novel idea with interest, It will wonder why? Here is a new chapter in the history of marriage. What was Mr, Ward's experience? What lesson did he draw? } Two widely divergent lines of thought present “themselves: Did Mr? Ward pity the sad lot of wifeless men? Or did he review his own life and say, “Well done”? Is his-bequest an encouragement of or a compen- sation forsthe unmarried state? These are questions his executors must consider carefully. On the answers depends the character of the institution, Is.the Ward Nome to be in the nature of a fortress or stronghold where the embattled male can hold his s own against the enemy? operation the stu- Or is it to be more in the nature of a monastery, 4s more rapidly than | a refuge from unsuccessful struggle with a weary on, to revive the “Yankeeism” of America? . Vauclain is‘one. Surely there will be others, NY, U. NEEDS. KEW YORK UNIVERSITY confers degrees upon F™ 800 odd men and women at its 88th Cont aThe crop of graduates from the nine schools .that prise the University have qualified in letters, in Professions, for business. young people form the best single argu- to back the appeal for an adequate endowment M1 which*the Alumni are now asking, York University has a long and creditable ‘Like other schools, it faces the pinch of ty on the ong hand and a newly augmented for education on the other, Tn the fave_of increwsed cost of ve increased in numb v ron aa wn cate pee ¥ ’ ero THE EVENING WORLD, WEDNESDAY, JUNE 9, 1920.-' ests $ ie, SSE gleesls ota rkUM : EVENING WOKLD KEADEKS - i What hind of letter ao you find most-readablet Isn't it the one that gives you the worth of a thousand words in a couple of hundred? There is fine mental exercise and a lot of satisfaction in trying to say much in a few words, Take time to be brief. 7 ‘To the Highest Bidder, ‘Te the Bilitor of Thie Bvening World: “$25,000,000 to Be Spent This Year on Presidency.” ‘ The above appears on the first’ page of your worthy paper June 8. It is without exception the most disgusting news item I have ever read im my life. After reading the article which follows the above heading, I am at loas to understand why any think- ing American citizen should dignity such a shameful state of political af- fairs by voting at the coming elec- tions. Tf it really is a fact that the high- est executive office in our glorious country goes to the highest bidder for eo much cash—pald in advance—why not be frank with the peopje apd tell them: , “Your Presidents are it for you—you may believe that you elect them and as long as ‘you keep on be- leving this you can ,consider r= self free-bagn, lberty-loving, loyal and patriotic citizens+so go ahead and vote for the candidates we have yirchased for you at public auction. lowever, should you at any future time Insist on a candidate of your own selection—then beware—for, we will see to it that you receive ‘the wnalty you deserve; we will then Buy for you even a Czar, though it costs more than $25,000,000 to get a Foal live One" DWIN F. LINDER. Glendale, L. 1., June 6, 1920. Oye More Viet To tue Editor of Tae Brenig Yr ‘epriton erring to Louis Scutari's le of uiay 21'T beg to state that I know of one grave that was used becaus of those pussyfooting, weak minded. unpatriotic reformers whose min ambition 1s to keep away the plews- ures of other persons. That grave 18 my father's, and he could have been spared if some stimulant could tave deen bought when needed. I am only Cishteed years of age and do not drink, but let any one try to talk prohibition to ‘me and thin New York will have another a to its credit. BERT KLEINY New York, June 1, 1 To the Paitor of Your editorial, "Gov. Allen's Bias, does not have the usual ring of fair. ness which the writer has always as- eoclated with ‘The Evening World. ‘The majority of employers will con- cede that all labor leaders are not drunk with power; tWat many of them have ideals in which’ fair play has uo big part, On the other hand, Mr, Gompers, who is the recognized leader of union labor, has again and again made speeches Which convict him of bias; of t pathetic narrownogs, Some of the “Union Haters,” as you call them, have merély lost faith in the intent of labor to kisp any promise or contract, and their lack jt faith is surely justified by past events, ‘They even question the ability of wise {industrial statesmen” to deliver the Mtureataned 10:49 1m once he do case he eo: uot have bis own.way. 1s it of ‘ fe importance to this great country tha: Jetting kim have his own way would subject American industry to the Standardized minimum production ‘hallucinations of<about4 per cenf, of the population? Perhaps the com- betent man-who is denied work largely because he is @ goog workman 18 biased also, “The men who have made the hu- man race what it is to-day and who have made art and science and busi- ness and industry what they are to- day are the men who have found the greateat joy in surpassing oth2-* in the quality and the quantity of their work; whose supreme happi- ness ts in going to work earlier and working harder and faster and: later thgn other fellow: If the words in this: quotation are true and I can carry op my back all the potatoes a $10 bill will buy; it Js wbout time a great molder of pubitc opinion ike. The Evening World ‘be- gan advocating the study of economics by men who won't work while they work, instead of throwing political ‘bias into the already seething pot of indust#..1 misunderstafdings, ear SOFT COLLAR MAN, St.ndard Steel Car Company. Pittsburgh, Pa., June § 1920, A Gloomy Prospect, To the Fditor of ‘The Evening World: It just makes tne laugh when I read the newspaper editorials and adver- tisements of the recent tremendous reductions on shoes, clothes, &c., which tend to reduce the H, C. of L. Only recently I purchased a pair of shoes for the sum pf $18, and the following month I noticed at the same shoe shop signs installed with tre- mendous reductione on all shoes at 25 per cent. off. Looking at the same pair I purchased for $18 I found them marked $17, which leaves a differ e of about & per cent. In ordinary times there were also sales of the same nature, so why be fooled with these fictitious sales which are now clamoring to the coun- try? Lincoln's famous phrase of “You can't fool all the people all the time” seems to be a thing of the past. ‘There's the whole truth. Wake up, America! The worst is yet to come! LB. Amboy St., Brooklyn, June 7, 1920, Perfectly Fair, We Thitk, To the Katitor of The Bening World: There is one thing I would like to Say about the bonus! T was supporting a mother and gia- ter and going to evening school when I was called. I put in exentption papers; net for myself (I wanted to fight in the war); but for my mother and sister, Anyway, I went to camp and was told to see the Camp Adju- tant, then I would be exempted. But there was so much “red tape’ I finally said I had no one to support, and te home to the folks to tak . ort Td. ?| To the Wiltor of The Brening Workl: of themselves the best they could, Now I ask for no cash bonus or anything else but to have the Govern- ment givé me*educational training for the nineteen moatha I lost of achool- Ts this fair’ ‘ . fa an example; If I had been . The value of a man cannot be kept secret. caster enn ae UNCOMMON SENSE By John Blake (Copyright, 1920, by John Blake.) YOU ARE AN INVESTM T—BE A GOOD ONE. If you are on a salary or working for wages, as most people are, you are an investment. _. A certain amount of your employer's capital is risked on you. If you pay returns, you are a goad risk. If you don’t pay returns, he will soon be looking around for an- other investment, Investments are valued by their earning power. You may be below par and still earn enough to be worth keep- ing. But if you earn big dividends your value will soon go above par. Men with money want it to earn more money, If they find that you can pay them big returns, they will put their money into your salary. . And they have'a way of finding out what you are worth. Even if his em- ployer is disposed to conceal his worth it leaks out. Great corporations are continually taking good men from one another. i A man is employed as a general manager. The other firms in the same lin® of business sogn notice whether the corporation he directs is going ahead or,going behind, If \t is going ahead, they are eager to hire the man that is making it go ahead. a There is no competition so keen as the competition for the services of good men, Of course such men must be conspicuously good in order to attract attention, ‘But when once attention has been attracted they are usually able to fix their own salaries, ‘ This is true of men in smaller positions, and industry soon make their effects apparent. The employer is a fool who lets a man go from whose services he is making money, And he knows: that if he does not pay him according to his worth he will’ have to let him go. There will be plenty of other men who will take him. \ Consider yourself as an Investment. Be a solid invest- ment first, one on which there cannot poss: bly be any loss, Be a paying investment also, And you will never lack*for capital, which will come to you in the form of wages or salary, but will come to you as surely as if it were deposited in the bank to your account. ' Efficiency Binns injured im.a train or automobile ac- cident I would sue for, and probably secure, damages for the ninetcen crate 1s that the “White Collar Man” must do more than demand an in- I was incapacitated. Whe creased salary in order to earn it. month should’ I nob get compensation in the Ho gets paid as much as he {s worth way of educational training for the and a@ a rule fust a little more. he does not get what he is worth It time lost while in the army? is his own fault and no one else's, And furthermore, don't jidge all it During the past few years I have fellows by what Old Timer would do with his bonus, The Regular Army wi work and earn a living never chose the army for occupa sponse to the protests made to my lel ‘The Byening World, One stat which I made and a@ paradise for old timers years the man who was wiles to{ concerning: the abilit heen placed in a position to hire the men for my firm; and if the reports ‘Y and integrit of office workers which I havestead in this and other papers are then it has been my misfortune deal with an ¢ sortment of men, In my experiences I have fou that some men reully do not want om years ago. 1UN CHASER, New York, Tuge 4, 1920, A White Collar Critic. I wieh to say a few words in re-| and practically reciprocating. With the poor tter published in @ recent issue of the final production of a fairly b I now petent corce, xceptionally poor as- n, terial I received, I think I have acted in the capacity of a thaumaturgus in true, to ind to work; some are extortionate in their salary demands; some are upreliable; 1 of them are un- re ox, No. 91—“THE BRIDE OF LAMMERMOOR” i By Sir Walter Scott. Lucy Ashton and her brother, Henry, wer@ the last survivors of the once, powerful Scottish family whowe home had for generations been #t Lammermoor, ‘ Lucy was gentle and timid and knew nothing of the great and nolsy world beyond the stretoh of her own moorland home. Her brother,thot tempered and un- scrupulous and ambitious, ruled her, milder nature and made life anything | but a joy for her. But during a ramble through the nearby meadows one day she was saved from mortal peril by the op- portune arrival of a handsome stranger. Ai to this stranger, al- most at first sight, Lucy gavo her trusting heart. Tho girl's handsome rescuer was Edgar, Master of Ravenswood; a youth whose life had been’ overshad- owed by gloom and ill luck. He fell madly in Joye with beautiful + Lucy. His adoration of her was the first bright spot in his overshadowed life. But, even then, misfortune dogged him. A long-sustained family feud existed between Ravenswood and Lammermoor, and Henry Ashton hated Edgur with a murderous; hatred, Both the lovers knew Henry id not give his consent to a marriags be- tween them, Thus their few stolen , meetings were tinged with bitter sad- ness. Yet both the lovers were young, and neither would quite despair. To mend | his fortunes, Edgar went to France for a timef and Henry Ashton took swift advantage of the young wooer’s _ absence. Henry had a plan in his ever-ambi- tious brain for the up~bullding of his family’s fallen fortunes. He arranged @ marriage between poor Lucy and‘ the rich and sap-headed young Laird | of Bucklaw, : He knew he could influence the; weak-willed laird to do his bidding, in most matters, and the Bucklaw ; fortune would accomplish wonders toward the restoring of Lammer- ‘ moor’s ald-time grandeur and the ad+ vancement of Henry’s own schemes. ! But Lucy proved unusually intract- ible in the matter of forgetting the? absent ,dgar. So Henry brought to, the girl a false proof that the young , Master of Ravenswood was unfaithfi toher, | Lucy, in her unworldly innocenes, delieved the ieharge. It broke her heart. To avenge herself on her sup- Posedly recreant sweetheart, she yielded to Henry’s plea that she marry the Laird of Bucklaw. Too late shé found the blunder she had made, The shock turned her al- ready troubled brain. She went mad. * On the night after the marriage cer- emony she stabbed her bridegroom to ¢ the heart. And, her’ insanity thus, frustratite Henry's schemes for | wealth and greatness, she died. ‘ (Note—""The Bride of Lacun Sf sinont toad’ esacs and veniet Sore bosneny moor. op ad weoe dnd seniet bare become i ’ ESE NE abi Ten-Minute Studies of New York City , Government. | By Willis Brooks Hawkins. Cmts TPES eat This is the fifth article of @ series defining the duties of the administrative and, legislative of- ficers and boards of the New Yorke City Goverment, . THE BOARD OF ESTIMATE AND *" APPORTIONMENT. ss ¢ ‘HIS board, with its inherited miss} leading name, 1s composed ! wholly of elective officials and. 1g really the Board of Directors of the Municipal Corporation, It determines the policles of the city with referencery to all financial matters, assessable public improvements, franchises, priv~ | ileges and permits. ‘The board consists of the Mayor, # who is Chairman, with three votes; ¢ the Comptroller, with three votes; the y President of the Board of Aldermen, with three votes; the Borough Presi- ', dents of Manhattan and Brooklyn, { with two votes each, and the Borough ¢ Presidents of the Bronx, Queens and Richmond, with one vote each—a to- tal of eight officials with sixteen votes, ‘The'five standing committees of the! board, with their Chainmen, are as§ follows: Fyanchises, the Mayor; City § Plan and Publi: Improvements, the, President of Bronx Borough; Assess- ments, the President of Brooklyn? . Borough; Finance and Budget, the Comptroller; Grades and Salaries, the , Presfdent of Queens Borough. Ali the detailed work of the Board is done by } these Standing Committees, their bu- reaus and divisions, and such Special # Committees as arb required from time § to time. The several duties of the : Standing Committees will be defined , in a future article of this seried, ‘The regular meetings of the Board! ot Estimate and Apportionment -are held at 10.30 A, M, on Fridays in Room 16, City Hall. Josoph Haag iy Secretary of the board. His office is, on the thirteenth floor of the Muni- cipal Building, and {#9 open dually from 9 A. M. to 6 P. M.; Saturdays to* 12 noon. i ‘ ' ' ' ' SUES Beaucoup de Cognac! The vineyards of Charante are in excellent conditon, although ¢ they suffered somewhat from the dry season in 1918, The greatest difficulty of the growers wag to obtain fertilizerg and the plants had to be closely watched to keep them strong and productive, c Distillers were hampered by the lack of coat and stocks were * generally low. Prices sere very | aigh, %