The evening world. Newspaper, April 14, 1921, Page 26

} L = ‘others may have to be operated even at a loss be- URE ce EES THE EVENING WORLD, THURSDAY, APRIL 14, 1921. FSTARLISHED DY a Dally Excopt @un 1 PULITZER, SHAW tr MEMPER OF THE ASSOCTATED PUFSS. The Associpred Prem ts 4 to the use for repubiioation @R all news deanatchen credited to It oF not otherwine credited tm tle @P4 wlio tho local news publiched herein, ely en A BIG AFTERTHOUGHT. HE wonder is that Gov. Miller did not see fit | to insist earlier upon incorporating in his traction measure what he now ment providing the standard of valuation to be ap- plied by the Transit Commission. He need not have waited for pressure of public opinion to persuade him to put into the law itself, rather than leave to the judgment of the commis- sion, definite guiding principles for dealing with the problem of valuation and fares, His afterthought, in the shape of a special mes- | sage to the Legislature, contains, however, much that is sound and reassuring. He lays down as a basic principle: “Applied to the matter in hand, the valuation should be based on the estimated prospective earnings at the fare in each case which the com- pany 1s permitted to charge under its franchise or contract with the city, the valuation in no case to exceed the original cost or the fair repro- duction cest less depreciation of the property necessarily employed in the public service. “The fare which any company can charge will, as a practical matter, be limited by what other companies are permitted to charge, and the amount which it is reasonable for the public to pay is also a limiting factor, as it has been found that increased fares often result in a reduction of revenue.” This is an admirably compact statement of how the fare problem may be justly approached. As the Governor says, ‘the true nile of valuation of any property for business purposes is the capi- talized value of its prospective earnings under nor- mal conditions’—not under conditions exception- ally favorable or unfavorable. Also: x “Companies which have agreed to operate at a Scent fare or have accepted franchises with conditions annexed imposing a 5-cent fare and the investors in securities of such companies have no just claim to a valuation of their prop- erties without regard to the average earnings which they may reasonably be expected to make in the future at such fare under the conditions which are likely to obtain.” In this connection it is interesting to recall how \ the late Theodore P. Shonts, President of the Inter- borough, was in the habit of figuring and present- ing the company’s prospects when it was a ques- tion not of boosting fares but of selling its bonds. Offering $33,400,000 of I. R. T. three- year secured convertible 7 per cent. gold notes in the fall of 1918, Mr. Shonts wrote: “It is estimated by independent engincers that, ’ with the present rate of fare, the total net in- come available to the company will be $12,440,000 in 1919, increasing to $17,480,000 in 1922, as compared with $11,520,000 required for esti- mated interest and sinking fund charges payable out of income in 1919. “This estimate of earnings is based on a S-cent fare, and the engineers state that in making the estimate full allowance has been made for the unfavorable conditions brought about by the res as an amend. | war.” In fairness to the public, valuation henceforth should consider schedules of prospective earnings prepared for bond buyers no less than schedules of prospective earnings prepared to prove the need of | higher fares. Ordinary standards of physical valuation, the Governor points out, “either original or reproduc- tion cost less depreciation,” will not do for the present emergency. Some surface lines in this city may have to be discarded because the public does not need them, cause the public does need them. Rates on such lines could not be jusily based on physical valuation, What Gov. Miller seeks to put into the Traction Law will go far to exonerate him of any deliberate purpose to open the way for higher fares, It is unfortunate he did not begin his programme vith that which he now puts forward to correct it now WHY BOSTON WAS. ti ATTEMPTING to explain Yale’s recent re- | verses on gridiron and track, Dr. Crilly ot Litchfield County, Connecticut, provides an inter- esting basis for speculation’on times long gone, ¢ Says Dr. Crilly: “It is impossible for athletes from Yale, Trin- ity or Wesleyan Colleges to be properly trained for their games unless they are fed the proper legumes and receive adequate vitamines.” Which suggests the pertinent question: “Why was Boston?” j There is no getting away from the fact that in | other generations Boston and vicinity provided more than a fair share of both brain and brawn. Boston early became so congested with both ntal and physic odigies that the brains over- { to Cambridge and Concord, and the set out to settle and puritanize the broad the West. John L. Sullivan was a Boston product. Even Daniel Webster, though a son of Now Hampshi wn reaches did not attain his full powers as a statesman until he went to Boston, But to revert to Dr. Crilly’s thesis, it will only he necessary to remind ourselves that Boston's real and enduring claim to fame rests on a “legume”— the bean—than which more Bostonian there is nothing In the far corners of the earth the natives may never have read Emerson. of “transcendentalism. Go to the garbage pi They may be ignorant 3ut they know of Boston. in the most distant mining camp and you will find tin cans labelled “Some- body’s Boston Baked Beans.” Boston's debt to the bean is did the hean choose Boston But why President Harding apparently realizes the limitations of his exalted position. He called the special session of Congress in time to de- liver his message the day before the opening of the baseball season LET WORKERS REPORT TO OWNERS. FTER waiting a week to allow for “cool con- sideration,” President Ha Fiske of the ropolitan Life Insurance Company continued to he angry with President A, H. Smith of the New York Central lines, who criticised the Astor Hotel meeting between owners of railroad securities and railroad workmen. Mr. Fiske describes Mr. Smii “offensive, not fo say impertinent.” Public quarrels between business men ra come so intense, In a sense, such a controversy, with all the trim- mings of a pavement brawl, is desirable. It helps to dramatize—and so emphasize—the fact that in- dustry is not divided into feo camps, Capital and Labor, but rather into three—owners, managers and workers. Ownership and management are by no means identical. Mr. Fiske’s letter makes this clear. Now that Mr. Fiske and his associates have paved the way and pointed the need, perhaps other stock and bond holders will see the wisdom of actual contact and understanding between owners and workers. As The Evening World recently suggested, it would be highly desirable if owners of large cor: porations asked and received a report on labor con- ditions prepared by representatives of the workers and submitted along with the report of the direc- tors and executives, Such a policy would unquestionably have an im- mediate effect on the employment policy of man- agers and would inevitably work toward the better mutual understanding, which is the only basis for industrial peace. . abjections as be- —_—______ \ Now that the Lusk-Clayton bill has passed the Legislature and {s sure to be signed by the Governor, there is nothing to do bu , ut to hope for the best, , In a cent ip—odious under any circum. stances—th t that can be hoped for is the exercise of common sense by the censors, It is true that there never has been a sensible censorship. The censorious mind has a peculiar slant quite alien to what the majority regards as sensible. But let us hope, a first time for all things, It is possible New York may have reason to point with pride to such a curious phenomenon as a sensible board of movie c There has to be ors THE PAYMEN', (From the Toledo Blade.) The Kmersonian law of compensation appears to have a working arrangement with the climate of our region, ‘Thus, while we have autumns long, drawn out, riding far into the time allowance of witter, we have springs that scarcely have any right to the name as the poet detines it. Our springs are usually as reluctant as the college graduate faced with the duty of going to work. They are fickle, uncertain of temper, too blessed stand- offish. They are inclined to give us warm, shining, in- spiring days that set every amateur gardener feyer- ishly at work in the k rd, And then these Promissory notes are cancelle Spring flits away, Winter slips We are ught with fires out, the alcohol out of the radiator, the overcoat in the mothballs, the tulip® uncovered, @ sense of laziness permeating every veis fibre. Laugh- ter and song die as the music D> street piano dies when the brick lands true. is no sort of spring to give a people God-fearing and just. It wouldn't pass muster with the Eskimos as a worthy successor to the season of dark days, The real truth is that we have no spring that serves as the well-marked transition between winter and summer. From early March to perhaps some time in May we live a life of doubt, torn between desire for the sight of johnny-jump-ups and the chill, practical understanding that though we may start off in sun- shine in the morning a snowstorm may be beating at our exposed necks before eyening. And then of a sudden winter flees as if the Sheriff were after it, and we are thumped down in a summer summery in every detail, There has been no such thing as break- ing the news to us gradually, Yet who complains? Certainly no one with a mem- ory. The springs that are not springs are payments collected for autumns that have pillaged the climate of paradise. back, onal Plucking the Bird! +3 sos’ ae by The Pre (Tie New York iy oe ESP Vu oe RESPONSIBIITIES 7 > = wy, ae. M ment of we have of their 9. mn ed. But be able which w: collect agents, taxat n loss in also, | century have bee t tha distance ing the d | ing the ¢ sount ation the began th be We Lusi the upproval he pulic ing him ° SlOR aery W if our place In 191 the Unt fet, bu snd tha fight, profitate for our when W that ou pay mostly tended ing ou obliged see tha eh 4 not hay most be felt the ation that Ameri when the Allies were ne: money for uw conscience will wake up to a realiza loaned us the money lias gor existence, the French taxpayers of to-day. The been injured. moment neutral even in thought" dence of our failure the situation still should b nist 1 dilatory is that we Stayed out until Ap: gold and then had to borrow for truth, the period of Ame which we ought to be , 1918, to April, 1917, later than May, 1915, 1 What kind of a letter do you find most readable? Ien't it the one | that gtees you the worth of a thousand words in a couple of hundred? There ta fine mental exercise and a lot of satisfaction in trying to sey much in a few words. Take time to be brief. Our Debe to France, Fo Oe alitor of Ti Viviani Kyening World must know the senti- the people of France, and only to accept his assurance determination to pay all war Throughout Western Europe trongest ap- ‘8s might and turned the tide of battle just rly exhaust- long before the French shall to bear the heavy taxation ould be necessary in order to the American tion of the truth that France owes us nothing. We borrowed of France to carry on the Revolutionary War and we never pid back. It is true that France at that time may have cared more to njure Great Britain than to help us. Then, too, the monarchy which | out of but governments are only The money was obtained by and if repaid would relieve he interest should be made up American taxpayers of it ago and their descendants n benefited to the same ex- t similar taxpayers in France not, howe to find uw r lebt of France and for cancel- Jobt of Belgium. In 1914, tie: 4 were the outposts of eivili- nd were entitled to our help the German barbarians helr onslaught. Our trying to is evi to comprehend it does 1 e Us for our wind the remembi e that when an was sunk, in May think we might be * Tt would e our dilatori of happening to have President, but we set the lof the American pec y of Mr, Wilson by re-« in November, 1916, and w an, “He kept us out of w hich would have defeated ty hearts had been in the right er, go back son for ca 5 and 1916 many of us wanted ted States to enter the con- t the fact of Importance now 1, 1917, aire to t we did not even p The delay was enormously Je to us and enormously costly friends, It was in this period, e should have by en helping r friends had to end us the Foods at very and for high pric twenty-three months from body sees that Germany it to dominate the world, includ rselves, and wore to fight. Eve ought to t we wore due to fl not we bad ge- war then, our fricnds would the war would have been won sooner than it was. cannot bring back to life the women and children wh were htered while only Great Britain| was rendering sistance, but we can; insist that the people of France and tax them- of Belgium selves to pay u: which our| cause of their} being ot d_to borrow | J. HOWARD COWPERTHWAIT. | April 12, 1921 | Imitation Ivory. To the Fatitor of Tho Evening World In November, 1 I purchased a set of toilet articles for my fiance} and was told by the saleswoman that they were ivory, but have been in- 1 since by a friend of mine that are celluloid, He said he was in the sume way. To prove it put a lighted match to one of the sand it went up in a blaze, and said tf it wag real ivory it would not burn, 1 suppose there stuck are thousands of others that have been fooled in the t I have, eo I ask if wy to compe) the stores celluloid to haye it 4 so that the people would know are buying, as I think from burned it dangerous to have anything like this around the hou BI. New York, April 7, 1921 arse In Sign Painting. or of The Evening Workt past two years, P. 171, streetand iifth Avenue been giving an evening cours sign painting, The course was con- tinued this term until Mr. Senior, Supervisor of the evening school, \fler commenting fav: y on the work of the course to dis- continue it, On being asked his reason he stated that it was found that only four of a olass of twenty iployed a8 sign painters dur- rdly be expected that these attending an entary course such as this, are capable of employmentes sign pulnters, Never- theless, the culing of an arbitrary superintendent will prevent the am- bitious and perhaps talented student from advaneing along the lines that are his by law of nature, Iam sure the city and State which have pro- vided #0 much money in order to the men and Women ot the community not approve of this therefo you, Mr. Fi in our effor established I feol quite confident that you will help us by either publishing this let- ter or by otherwise giving us the publicity we need, HARRY ABRAMOWTTZ, New York, April 12, 1921 uatloe. S. Williams, the pich farmer biished peonage en bis own prosecuted for the murder { his slaves, After deliber- ating seventcon hours the jury whicl @ bad to borrow so much from tried him brought tn @ verdict of From Evening World Readers | UNCOMMON SENSE By John Blake (Copyright, 1921, by Jokn Blake.) WHERE ARE YOU GOING? AND WHY? Most men start with the crowd and move with the crowd. Few are sure where they are going. ‘Those who know where they are going seldom have any idea why they are going there. It is worth while to draw out of the crowd now and then and consider these things. And it is well to consider first why you are going to some particular place. If you know that, you can deVote the remainder of your effort devising a means to get there The writer knows just two newspaper men who started in youth with fixed objectives, And these two men not only reached their objectives but rose to the very highest places in their profession. Others equally talented who started with them arrived at places worth holding. Still others never got anywhere at all. Both these men wanted to be leaders of thought and knew that they had got to learn to think themselves before they could teach anybody else to think. They directed their reading and their studies to that end. They to-day are editors of very great papers. and together wield a tremendous influence for good—when they happen to be together, which isn't always. Drifting along with the crowd, following the man ahead of them, or moving just fast enough to keep out of the way of the man behind them—like motor cars in a traffic jam- neither of these men would have arrived at anything ap proximating their present influence. But they early drew out of the c they wanted to be. Then they worked out the way to achieve their ambition. The rest of us may not hope to attain such exalted goals but we will attain no goal whatever unless we decide what it is and are willing to subordinate everything else to getting there, We can never do that as we unthinkingly move along with the crowd, satisfied if we draw a little more money than our neighbors, or if we are providing ourselves with the necessities of life. A world in which everybody did that would be an un progressive and stupid world, Ambition is, or ought to be, in everybody. But ambition, powerful as it is, unle ligently directed, will get us nothing but disappoi and unhappiness in the end. owd and decided what guilty with a recommendation for “clemency.” Just what “clemency” this case and the justification fo! will mean in it} He would have tt fore that en lynched long be- are not explained in the short news-| And you say Georgia justice has paper accounts. Most probably there] vindicated itself! Hypocrisy! were some jurors who wanted to ac- LOUIS FRIEDLAND quit the murderer, while others were| Jersey City, April 11, 1921 in favor of punishing him with death | [Editor's Note. News despatches “Clemency” seems to have been the| clearly stated “that the sury stood compromise eight for hanging, four for life im Naturally, I am not in favor of capi-| prisonment, none for acquittal.” By tal punishment. I would rather see| Georgia statute the “recommendation Jit abolished as an ugly relic of the|of mercy" in a murder verdict ob} dark ages. But here it is well to| gates the court to sentence the mur- take notice of the administration of| derer to life imprisonment, Georgia |; white justice, Were the accused aj justice is further vindicating itself by negro, Would the jury haye delibera-| moving for further prosecutions on ted seventeen hours upon the yerdict?| the indictments for other murdera in Would they have recommended “clem-| the hope of finding a jury which will for the prisoner? Of course! find Williams guilty without A black-hued Williams would commendation of mercy, ency” ree- not! Get-Rich-Quick. of The Ages By Scetozar Tonjoroff | Co, 1901, by The Prem Po Come es You rend Wot XXIV.—FRANCISCO PIZARRO. Black as are some of the pages of the story written by agents of the Hast India Company, they shine with effulgent light against the background of the conquest of Mexico, Peru and other parts of the American continent by the Spaniards, Take, for instance, that eminent freabooter, Francisco Pizarro, who raised the flag of Spain over Peru, Pizarro was a faithful subject of Charles V. Charles V, wanted money; so did Pizarro, So, what more natural than that Pizarro should go after the money in its purest and most valuable form—old? Now Pizarro, shortly after his ar- rival in the city of Panama in 1519— the year of its establistiment—heard that the streets of Cuzco, the capital of the Inca Empire of Peru, were paved with gold, or some such tale. So he began, while yet a new immi- grant, to contrive means of getting to Cuzeo, In partnership wit! Almagro and a priest called Luque, Pizarro launched two expeditions to ¢ country south of the isthmus now d by the Pana Canal. ‘The second of these ventures almost ruined the firm of Pizarro, Almagro & Luque; but it established the fact that the shining yellow paving material was to be found in abundant quantitie further on. 5 presumably under an ment mutually profitable, he another partner, the King of Then he started for Peru with crowd of adventurers, including four of his own brothers, He ran full tilt into a quarrel be tween Atahualpa, an illeg of the Great Inca, and his legitimate brother, Huascar, over the division of A ualpa had taken me Diego de : Pizarro charged the gontle abe with a foree men and two nnon. fale ‘The gentl ows one or two discharges « 1 harmlessly on the ariti the spaniards, fled into the me ting, The conquistador captured hualpa, imposed a tremendous som in gold for him, cx gold and then Inca because and gool man Then, with a reinforce freebooters, this gold-! loughed ht of opposing nat of Peru, whi 15, That was a grea hooters. There were 1 tary observers with the and there was no Demoer ment ba n the home ¢ terpellate the Government was going on in Cuze quistadores let themsely up the town, made a clean sweep of ev golden article they could melted the booty, cas having nothing to do Incas—and divided it up among t selves. Plzarro and the King of Spain doubt got the lon's share of the gots, ingry exped atic Py on, But the nativ Manco, other son of the Inca, r the standard of 2 ve Cuzco and stood a g00: ing to Pizarro what had done to Crassus sev rier. Some of the Inca eifist, however, and decided to back to the neglected f: 1 st proved easy for Pizarro collector of ¢ gold could ursued his ‘ ars longer, r got into a quarre! with some the basis of It he found hims a disgruntled | sword and died from swallow) ledo steel inst molten Inca gold. WHERE DID YOU GET THAT WORD? 12. QUESTION. When men first began to seck— whether game, or fruits or water, or jent cave apartm $—they be- ask each other where the desirable things could be got. Hence, |the word "Question" is derive |the root word, “Quaero” (Cre which the derivative is “Ques » phase inan e@ questions, having alt 8 close only primit jdo with mate {But as he advanced in thought, heeds and in aspirations he be ask questions less conere His “Quest to at hand. in to r afield These quost ms have been and love anc |to name only a few of them. From time to time one or another of these pressing questions has been nswered by the pen or the swond, only to bob up again as soon as the pen or the sword | By Albert P. Southwick square with ma 0 ‘Texas, with its area K -Lorruine), compares, with Ftnode Island's Square miles, s 8 Oregon has an area of 96,000 s iniles. Reverse the figures | Washington's area ‘Phere is a very tion which says that tell the approximate anoient ty-four hour, child will live 1 good old y every thing he (or she) undertakes in life will be successfu . 8 © The story of the long of the phoenix is found in the apocryphal tle of Clement to the Corinthiana, and there given 4s a proof of the res: urrection, It is also given by Hero- dotus, in his second book, entitled, “Butenpe,"" Sec, UXITT. Ovid relates substantially the same story in Meta morphosis, XV,, $92.