Evening public ledger. (Philadelphia [Pa.]) 1914-1942, January 24, 1918, Postscript Edition, Page 13, Image 13

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T fl ' VSTSM ll .if
EVENING 1'UBLIC
LEDGEK-
1HILA1)EL1'111A, TlllJUSDAY, JAMAIS 21, 15)18
10:
r ix
R
I
I
K
THE PENN MUTUAL
LIFE INSURANCE CO.
OF PHILADELPHIA
Home Office, Sixth and Walnut Streets
Philadelphia, January 24, 1918.
Pursuant to the requirement! of its Charter, this Company publishes
tCptiI Tvvti S!nrlC,T,C-,;!XwtU? thc prillcil,aI "" of i,s SEVEN
TIKTII ANNUAL KM PORT to Policyholders:
FOR THE YEAR 1917:
RECEIPTS
Tor rremlumi nnd Annuities
ror Interest, etc., and adjustment of bcAde 'rallied
Total
DISBURSEMENTS
Heath Claims
Matured Endowments,
Surrender Values . . .
Annuities, etc.
Premium Abatements
Total Paid Potlc.v-hihlrrii
Instalment payments under supplementary contracts, eta.
J'ederal and State ta(a, Pconsea nnd eleplttmeni fees....
Rent and real estnto ta.rcs and c.spenses
Commissions, medical ties and ngimey erpcnes
Salaries and administrative expenses
Advertising, printing and Biipplles. postage, fte.!. .!!.'!!!!
Added to reserves
Total
Vol'telhtactiltlw;rt?lttM'iU' ll5" Ccmpat a"- " eUf'rred distribution j
ASSETS
St-ite JIunltlp.il, llnllroad and other) nt Insurance f'ommlestonors' $03,023,090 70
Bonds, Bank and oilier Stocks.... J
Mortgages and Ground Rents (first Hens)
5175,727,910
J remium Notes on
$8,018,100 .. .
Policies, etc. secured
Loans on Policies with Reserve Value of
Loan1! on Bonds, Stoc ku, oti
Home Olllco and other llet.l Estate
Cash on Lcposlt nnd In Company's OIIU 0
t Pefrired and I'nre ported Premiums
Interest and Rents Duo and Aivrued
Tolnl, Dec. 31, 1917
LIABILITIES
Rc'ervei to Mature Policy Contracts 46&.3?l,AiC '
I'oli. y r lalms in Process of Settlemont 712 53 ."!
Prcmlui is Paid In Advance. L'nearilciI Intercit, eta 2.52S.93S .6
Accumulations- upon Deferred Distribution Policies u,l8S.907Si
Resurvo for M'.rla -y fluctuation v. . . . 3.163. 17.'.H
Reserve lor Asset fluctuation 3,220.031 Sil
General Equnllzutiou I'mid '. 105,387.70
Premium Abatements for 191S D.3E0,OOO
Total, Dei. 31, 1917. . .. SI 83, 090, 5011.30
BUSINESS OF THE COMPANY DURING 1917
New HuMno!. paid for In 1917. 33,009
Total Insurance In force. December
lrv,uilng
Total !'.i. nents to PolIcy-liMilcrs slniv
ti'ihtj:i:
MOWUS I. 01.0T!tll:il
joiis liYNcitorr
A!.Ti:it A. IIAH.UV
WIU.IAM It COATl .
John t. ,ii:nkh, ju.
j iiumii.r. ifMMiKUb
JAMBS CIIUSHY MtUlV.N
X. PUM1IEIITOX lirTCHINHOX
11. iAt-U iuuai..
biciiaud a. lmocK
SAMl'KI. 11. STIVSpN
JAMKH IIUTTIlllWOHTII
rilAULr."? D. IIAItKllY
T PWAKI) T STurKSlll'ltV
JOHN II MOltdAN'
C S U. PACKAItl)
J EDWARD IJimllAM
CU3MKNT li NKWIIOI.U
GEORGE K.
THE
BENEFICIAL
SAVING FUND SOCIETY
OF PHILADELPHIA
No. 1200 Chestnut Street
(Temporary Quarters, 125 S. 12th Street)
Incorporated April 20, 1853.
Assets
Deposits
Surplus
Number of Depositors, January 1, 1918 17,188
3.65
INTEREST
IGNATIUS J. DOIIAN, President
JOHN J. MacDONALD, Vice Prea.
ALFRED J. MURPHY, Vice Pres. and Treasurer
LOUIS E. PEQUIONOT, Sec. and AmL Treas.
TnOMAS H. CULLINAN. Asat. Treaa.
ANTHONY A. HIRST, Esq., Solicitor
MANAGERS
Anthtnr A. Hint
IfMtlat J. lloritmaJiii
(leort YV. Norrli
Jehn J, MaeDonalil
William r. Slnn.lt
Juw fcf. XalWr
Alfnd J. Uorplir
Jartmktlt J. Solllren
ruU J. Doh&n
ClurlM A. MeMaaai
' T, Dha
A. L Hj
J
J M.
W
C. ft
27.G8T.56t.31
8.139.7:8 9 1
3;,n. 3io.ii
$8.0:0.2:1 75
S.0S2.118 n
3.408 010 91
.......
lWT.OH.M
4441.048 73
123.342 CO
SS4.74K 09
S.S39,"SI SO
71".7GSSS
204 983.10
ll.r.3S.04D.78
n.s;,3 io.it
valuation
292.11C00'
I
TJ.TIO.OISSO1
ti,414,93C0
25.147.C03.il I
949.17C.431
3.130.C93 43
.".,1 I2.C33 S t
3,7 10.SOF.SC,
on property valued nt
by Restive Values of
$31,809.(00
2.K9.C20.O7
. ,lS3,OUO,'iii(l.3n
I'ollclos, Insuilng
$.110,032
740.00
31, 1917. 270.012 Policies.
7ST.732.614.00
organization In IS 17 21S.S39.S80.I0
LiiiA DironnsT
T3 W'ALTUIl CLARK
HIAVAllI) P. HUNEOX
HOVAItl W. Pl'Mtl.N
PKlle'IVAI. M. HIM.
w. iiiiYWAitn iiynits
MORTIMER it. J1II.LE15
WIl.MAM C BVIIUL'I,
THOMAS H UATUa
JOHNSON, President
Statement January 1, 1918.
$19,474,712.74
17,614,226.25
'. $1,860,486.49
PER ANNUM
Han. Joiih I lauaerallt
John K. Loatrraa
ThamM Davlla
Hmh McCaffrtr
rr. - .. :.!.
VV a. V.
Mciiraw, r.
MUhaal r. Naataa
!
Mrr C. W!
Mtmrr
t "'
i i
GOSSIP OF THE STREET I
BANKER ADVISES
TO REPLACE "LIBERTY" ISSUES
Argues That Varied Forms Confuse Public
and Favors Method Used by Railroads.
Gossip of the Street
rTMl2 principal partner in a well known banking and Investment houso
was iliscusslnB the possibility of the next Issue of Liberty Honda Yester
day, and In thc courso of his remarks said lie hoped that If the Govern
ment would Issue a bond with n hlffhcr rate of Interest than 4 per cent It
would so nrrftiiRo that any of the previous Issues of Liberty Ilonds could
bo Interchanged. "If," ho said, "a new Issue is put out nt n higher rate
nnd the previous Issue cannot bo rxehnnRcd. through n technicality. It will
look like sharp practice on the part of the Government nnd In my opinion
would Imvo u disastrous effect on the salo of any futuro Issues."
Another banker said ho did not see why the Government did not
tlnancc tills wnr nnd ccrythhiK else In the future as far as Oocrnmcnt
needs are cotiejrned by one standard bond which would be known every
where ns u lnl ed Slates bond. He said that all present and futuro Go
crnment issues should bo consolidated Into one biff debt, and ono kind of
bond Issued against the total Indebtedness, f Imllnr to thc Rencral morteai;o
bonds of the Pennsylvania or New York Central ltullrond. These bonds
could bo Issued for thirty or forty enrs. could bo uniform nnd all bear
tho same rate of Interest, When tho Government wanted funds for any
particular puriKise, no matter what that purpose might be, n, lit would have
to do would bo to-put out an Issue of tlicte uniform bonds for whatever
amount was needed. This, ho said, would oMMCome tho objection of the ni
gra vera, who, it is said, hac Informed the Government that it would take
at least twelve months to cngr.ivo and print all the bonds of n new tssuo of
eight or ten billions or dollars.
"The railroads 1 have mentioned." he remarked, "have u blc supply of
theso genera! niortwiRe bonds on hand, nnd when they want to ralo
S10.000.000 or $12,000,000 they nnnounco such tin ls'suo of general mortg.iKC
bond nt whatever prleo the market commands at the time of Issue, ma bo
It la 97 or 99. nnd thc Government could do the same thing."
It was pointed out to tho man quoted that Great I'.rltalu had such n
sjstcm before the wai In htr ions-oil, but she found It necessary to have
special financing with special bond Issues in order to ilnance her war ncces
i.itlcs In tills nnd other countries, nnd that while the plan Is a good ono and
may ovcntuallv bo adopted In tho I'nitcd States when we nro on a peace
footing It will hardly meet the present condition. liven tho railroads men
tioned had to rc-ott to special note Issues recently.
Ono point this bank'.r brought out In favor of it unltorni band issue was
tho confusion lread arising from tho various issues of Liberty ltonds.
Porno customers, he said, will write In nnd nsk for quotation.! on Is nnd
when they come In it Is found that tho 4s they have men different Issuo
from those quoted
Tho Rineral opinion among bankers and other flliancier-4 in this city
is that tho method of financing tho Government by a universal bond
limllar to the general mortgage bond of tho tallroad companaics ta not
feasible
CcnyresH and Corporation Financing
The fourth annual report of tho federal l!eervo Hoard, which was
submitted to Ccrgnss on Tuesday by Governor P. G. Harding, emphasizes
one feature of l(p concern to tho wliolo financial world nnd that Is that
tho financing of private Industrial .orporations has reached a stngo where
oidinary banking imtliods cannot properly cope with it nnd where f-omo
nctlor. looking toward tellef for tho situation must be taken by Congress.
Tho report tajh thut Government control of iallroadn has n moved tho
ditllculty of finding mone to keep tho roads running, but with the
present condition of thc money market Industrial corporations are meeting
a situation which nlmo't precludes nnj public borrowing to cnablo them
to keep their plants tunning.
Tho teport sas:
Tho board therefore tespectfully suggests early lonslderation by
Congress of tho problem of corporate financing In tho belief that nu
satisfactory solution will bo found that does not lnvolvo somo dpgreo
of governmental Intervention. Tho board Is of tho opinion that como
plan for Government Intervention or aid can bo worked out which
would meet the requirements of tho situation satisfactorily.
Tho report nlso adds that l'ederal Hcservo Hanks beforo tho third
Llbeity Loan must reduce their Investments to strengthen reserves and
avoid thc further CNpansion which accompanied tho lirst two Liberty
Loans, and while tho report gives no light on how this ma; bo accom
plished It no doubt will recommend the purchase of certificates of In
debtedness ns a means to this end.
Taking up the enoimoiu attain on finances durlng'tho ! year In
tho handling of thc Government war loans and tho assistance lcndemd
by tho federal llcicrve system, the report continues:
The Federal Hcservo lioto will more speedily attain tha position
uilginally Intended for It, from being an occasion' emergency cur
rency used to supplement deficiencies in tho supply of other exist
ing forms ot currency, it Is becoming tho most important constituent
of our circulating medium, responding promptly and naturally to cur
rency requirements from whatever sourco proceeding, this giving to
our whole currency a kind and degree of elasticity it has never beforo
po;!scsscd.
Trade Acceptance Plan Advocated
There seems to bo a good deal of well-founded complaint from mer
chants and manufacturer of tho slowness of tho Government to meet
payments due. and besides tho prcssuro which is being brought In Wash
ington to remedy this sltuntlon, methods of providing mucli needed funds
for manufacturers and others concerned through tho regular banking
channels nre being considered.
In this connection tho trade acceptance seems to bo tho principal
agency advocated,
The following suggestions have been mado by Lewis L Picrson, chair
man of the board of directors of tho Irving National Bank of New Yorlc
and chairman of tho American Trade Acceptance Council:
"That tho Treasury Department might r iulro that each and every
manufacturer first should use his own credit, giving trado ncccptanco for
raw or other materials purchased beforo calling upon tho Government for
additional financing.
' That, In cases in which tho Government already has authorized cer
tain advances which aro found Insufficient for tho full purposo contem
plated In tho contract, the concern should bo required to utlllzo its com
mercial credit through the giving of trado acceptances beforo requesting
additional funds from tho Government.
"By treating tho Mtuatlon In this way tho high class of credit of theso
Industries will servo a purposo which otherwlso would bo served by
money provided through the sale of Liberty Bonds, nnd the money thus
released would bo available for other war purposes In tho treatment of
which commercial credit could not be used effectively."
Predict Tftird Liberty Loan of $10,000,000,000
What appeared' to bo a well-founded rumor on tho Street yesterday
was to tho effect that the amount of the next Liberty Loan would bo
$10,000,000,000 and that It would not bo issued till Juno. No other par
ticulars accompanied this rumor, as to tho Interest rate which the bonds
would carry or dato of maturity. This would bo In lino with tho pro
dictions of some of tho most nstuto and best Informed flnapctcrs In this
city, who have maintained all along that Secretary of tho Treasury Mc
Adoo would hold back tho lssuo as lonf as possible, perhaps to May or
June.
It is reported that In anticipation of tho third Liberty Loan tha
Secretary of the Troasury will mako a series of offerlt.t,-j of certificates of
Indebtedness, Tho offering mado under dato of Junuary 22 for $400,000,
000 will bo duo April 22, 1918. It Is said tho subsequent offerings ' w 111
averago probably $300,000,000 a week and a long, persistent demand will
bo mado on resources of tho banks which will require very careful
handling.
Busy Day in Bond Sales
While thero was little activity yesterday in tho brokers' offices the
houses that confine themselves exclusively to bonds reported an unusually
busy day. Municipals were In demand, with few offerings coming out
and most of tho sales were scattered over tho general list, with no par
ticular class leading.
COST OF WATER INCREASED
Board Permits Trenton Concern to
Abolish Caeh Discount
THKNTON, Jan. St. Tha Publlo Util
ity Commission has granted permission
to the General Water Supply Company
to withdraw the 5 per cent discount here
tofore allowed for prompt payment of
bills. The action Is virtually equivalent
to (ranting an 'increase ot about S per
pent In the rates, which the board found
was justified by Increased coat of oper
ation. Taf m
an any, whose main office la In
tjacate in qoiiinnweod u
n 'iHaatfttriri ii
UNIFORM BOND !
MAKES GROCER APOLOGIZE
Profiteer Compelled to Show Win
dow Display of Rctrreta
READING, Pa., Jan. H. Food Ad
ministrator Charles T. Davles punished
grocer who violated the food order on
Monday, selling cooda other than food,
by compelling him to display a t)lr card
In his store window making apology to
the Government,
This card must Uy la the window
until XuHhor orders. The -man must
?teo e rfry Thurslajr fternoon M
urther PrV.
.d-kW
farmers say us.
UWNT 1'LAY FAIK
js "SXt ta
Draft Plan
NEED BOYS IN FIELD
Speakers Voice Warning That Pro
duction Cannot He Maintained
Without Help
llAUIlISHritd. .Ian. :t
Condemnation of tho federal Govern
ment was the ilnmlnint note of the clos
ing sculoii of the Stato Hoard of Agri
culture The board meetings, which
were directly under the eontrol of the
I Mnte Administration, were not allowed
I during the last two d.is to lake up
I nnv question that might develop po
, lltlcai feeling.
, Tho State Hoard, which nlvvajs ends
Us sessions bv adopting itsolutlons, did
I not consider anj of the questions dls-
eused duilng the confcienco In the form
or rcsnltit'nns, but uridcr tho head ot
"miscellaneous bulnes manv members
adversely erltlclscd tho federal Govern-
, mcnl, especially for taking farmers' boys
for soldiers.
i Kesemmenl against tho national Gov
ernment was nlcn exhibited bv several of
I Itbor question was ono for federal In
tervention 11. A Wclnier, former Mayor
'of Lebuion, was outspoken In bis de
nunciation of the Government. He be
I lleved tho taking over of the rallroids
i was a crave mistake J. Aldus lKrr.
I Lancaster, advocated more Inttntlvo
planting by the farmers, but urged them
I wit to piant moro acres nr tho Govern
I incut has requested.
CHOHS NHllH I'Olt f s. Alt!
i Louis IMollet, Wsox, sild It was timo
. for the Government to aid tho farmers
In the farm labor question, nnd Herr
then added that until the farmers cm
' get nilcquate prices for their produetf
and go Into the open labor uiarl.i t and
afford to pay for labor there could bo
' nn Ln,,,,lr.H ... .1... .. 1. ..... . .. .......-.
. ., r..,Miiui , nt..- llllllluilMI MIUIIUKC
rn .-,,,.., ...I.,.. .!.., .1 ,..,.
'U .....ll-. ,'..V.U-,. tllltV.lll.l. U.lll,-
.H.,u ....... ., ..,.. r .,. ,.,.i . i
! ni.,i ,.i.,, .... "c-u.Bi-.i-m rr i,lle he had now even a greater
agriculturists. W.m.. and could eat llireo meals, bo-
i The same opposition to the Govern- I fUU MluI1(1 breakfast nnd afternoon
ment in ide Its appearance lust night conVe. dow n eleci. In his heart old Adel
at the Joint meeting, when state Master pert Mt that he had lost caste. The
Mespvrraii spoke. He aid during his ope ra tint was a setting ' Great stair-
critic lm cises of inarbln, velvet hangings, the
"List year tho fanner took tho Gov- hush beforo llio overture nnd over all
eminent lit Its word and raided n large
crop under the direct promise that the
linnn In nronortlnn
to populitlon instead of In proportion
i to the number of registrants, and that
; took a larger share from the country
1 than from the city
"Many boards of ermptlnn took the
i tarmers wl.o wcro pr llsed exemption
and all this atter tin farms bad f-
lered an iwful Industriil drain.
-mo tanner Is Justly comma nine.
. . t,. -l j" ....'.I -...."' .,-""'":""""
eluce tho coming senron what he did this,
last vear. unless the Government very
soon crets awake to tho need of action !
I farm labor would not bo taken awa. but ' the world royalties, tlio aristocracy, tho "Iho sound of wooden legs nnnojs
Instead of tho Government fuinillng that I nnnv. Hoi polled had used another i "lm," observed the mocking student,
Iml'.t'for nl?rrrdl!Im7ihU,?i,!.if,M "trance, by wlile h to climb to tho upper lighting a cigarette "I(o would hear
,iv" 'been "ere Uted ic the coinitrv T lc ' t!a"''rlCS " U1 ,''"' tl"'n' "' "' ?''' Plr0fcanl ""n' luch tho ,lolfP
eistrlcts were lriwn i.nnn in nr?nriinStlect Aristocrats who had forgotten of tax money pouring into his vault.
taiKu.Jii.''' thoso who know I ti,P,'ss counted their ehango with sus-
bow to rai-o food.' ' plciom ejes and brought lunches In
PAII'.r LOSSHS CAUSi: ALAKM , paper boxes, which they seatteied about.
State dalomen nnd breeders gavor "'Hlff-r.irf " hu raid to himself seoru-
consid. ration to means to prevent fur- ii.?' , ....
I thee decreases In ,nirv . ou o i i. Thero was, however, a ronsolation lie
iliiring 1117 having been 4 per cent Tho
1 Stato poultrjinen discussed the new
frtite standard of feed for poultry rcc-
I nmmeiKieu ny tno war commission.
.... . ...
, meeting of tin. board,
' -- . "". ' c'iine-
receiving IS votes
to Ii for Willlamsport nnd 11 in
Bed-
ford
I W. II Stout. Pine Grove, Schuylkill
Tounty, In presenting his report as agri
cultural geologist, declared that tho
j Stato board should bo continued and
'given moro powers, as it icpreCiit3 .ho
"common people" in fanning. Several
other speakers also uiged greater pow
ers for tho board, which is now in its
forty-first jear. and that It should not
)o supplanted by any other organlza
tion
Matthew Rogers, Juniata; II. O. Mc
Gowan. Berks, and ft C. George, In
diana, wcro elected vlco presidents, and
tho txccutlvo commltteo was chosen as
follows:
I,ouls PlolctT. Bradford : J. P. Young,
franklin; J Aldus Herr, Lancaster; N.
el Tcmplo. Chester, H A Sttldobiker,
McKean; It J. Weld, Warren Clark
M Bower. Pen j, nnd p S fen-t.r-niachcr.
Lehigh
ALLEGED HOAST MAY
COST SALOON LICENSE
Judge Harman at Bloomsburf Ques
tions the Applicant for Berwick
Hotel Permit
BLOOMSBt'RG, Pa., Jan. H An in
cldent out of tho usuul occurred In Co
lumbia County License) Court when
Judgo Harman called before him George
n'otTMo?.
tral Pennsylvania's best known Imieiu
land "dry" for the last three vears
Judge Harman said It had reached the
i i.fn.infin vim. , nnn ,., vi.. u.,....:.. .-.-.. . . -
Court s ears tnai Morton Had ad that j
if no ono elso obtained a license In Ber- i ............ ,
wlck bo would get one . WASHINGTON. Jan 21
Morton denied having made thc state- I "Washington is Jammed with lobhlsts
ment. Judge Harman announced that representing every Industry but farm
If evidence was produced that would Ing. Big business Is te presented ns It
satisfy the Court such a statement had vaJ, never represented before, a literal
ueen maue uw iissimo ,, wuiu, uj courso,
bo retuseu.
Tho fitness of B. K. Shultz. nDnlle-int
for tho Jcrsejtown Hotel, was attacked
on tho grounds that he was of Intem
perate habits, while Leon Paries, pro
prietor of the Benton Hotel, vvaB charged
with selling to boys until they became
Intoxicated.
The remaining Bloonibburg apnlica-
J tlons were heard today.
MANOR TO BE GOAT RANCH
ti!t..t f,'...,i TV.,,-1 n ii n..i,..j
Historic Girard Tract to Be Devoted
to stock liaising
HAZLETON, To., Jan. 21. A laneh
for rals'ng hogs, sheep and angora goats
will be established on the Olrard Manor
....,. ... uK.nntnn r i o a t,
faTOi?.eK.. S.ilS.f-'r.i.Ji? ?r. r
was built by Stephen Girard. of Phlla-
delphla, for Irench relatives who re -
turned home after the Reign of Terror
and Nnpoleonlo ascend tncy had ended.
The buildings on tho tract were burned
down last winter. J. C Ogden & Bro..
of Ph ladelphla, who had purchased them
with the Intention of establishing a large
sanatorium, have leased the laud to Hey
wood & Co., of Chester, who will collect
garbage In coal region towns as one
means of malntalng their stock. The
latest scientific methods will be applied
In the work.
Oil Shortage in Wyoming Field
WIYKES-BARRB, Pa., Jan 24 The
oil shortage In the Wyoming Valley la
at an acute atage, Keroaene oil will
become a luxury umess railway conai
tlons Improve, in many nomea Ki
erosene
has been burned In oil stoves to save finger prints, there Is no clue. The Allen
coal, but with transportation facilities town as well as the Quakertown pollco
as they are It la now Impossible) to buy ' are Investigating,
that oft In quantity. -
. . . ,,
Money. Checks and House Burn
bllA.MUrvl.".. ia., jun. si, aiore I
aa in currency, several cJiecka. all
SHAMOKIN. Pa.. Jan. SI. More than
Slot) In currency, several rjiecks. all tha
household possessions and the homi
Adam Delek, a rural dairyman, were
when his farmhouse wis burned to
nornc os
lost
I be
around durlrur tha abaenee of the famllv.
Tho low exceed WW. The Are Is at-
trifutea to an vvaraaateo movr,
-.. . v. ... -. ...:. .L-.sttni- riifljfar A
"LONG LIVE THE KING"
A Human Btory of Chlld-Dcnlro. Court Intrigue r.nd Love, the Latest Kovtl
Dy MARY ROBERTS R1NEHART
Cocrrlitit, Iftis by Mary Iloberti ltlnehart and the Publlo Ltdftr Corapior
rilAPTlin XXIV (Continued)
Hz,
HMII.KD again to himself. It
touched his Ironic senso of humor
that he, who had devoted his life to
maintaining Hint nil men aro not free
and equal, when on that very day that
same doctrine of liberty was undermin
ing his throne that he should bn dis
cussing it with the small heir to that
throne.
"Ves, sir," said Prince Ferdinand Wil
liam Otlo. He hoped It was not very
long.
"Otto." said tho King suddenly, 'do
ou over look at our father's picture?"
"Not always."
' Vou might look nt It now nnd then.
I'd llko you to do It."
"Ye, sir."
CHAl'TIIU .X
I he date of the Mmm
ACCIIIOL'8 friendship had sprung up
between old Adelbert and llaubv
Thorpe, hi off houra after school the
boy bung about the tliket-laker's booth,
swept now to a wonderful cleanliness
nnd adorned within with pictures cut
frum tho Illustrated pipers Tho small
charcoal Ilia was Hobby's pirtlrulav
care He fed and watched It, nnd having
heard of the baleful effects of charcoal
fumes. Insisted on mnro fresh air than
old Adelbert had ever breathed before
.... .. ...... ... -.. ....
i on see, unuuv vvouiu Pii vm- . , ... . , . ,
'eMl. ns ho brushed nvvny nt tho tlnor,manded "does such u speech bring
'beneath the burner, 'you don't know laughter? It was no taiighlng matter
that jou aro being nsphj slated ou
Just feel drowsy, and then, poof! ou re
,lcail
Adelbcrt. dozing between tickets, was
llablo to bo roused bv n vigorous shak-
Ing. to a pitr of anxious eyes Razing ul
him, and to a draft of chill spring nh
, from the open door.
1 "I but dozed," ho would explain
without anger "All my life havo I
I breathed tho fumes and nothing unto-
! warel baa happened "
Outwardly bo was peaceful Tlie
dauRhter now received bis pension In
I full and wroto comforting letters.
Hut
,..,.. .A . . , .... ... .,, ,
- -IIUII'IH .ll IIUU-IIIOS U Will I.-
eM ii fcriw. .
the magic and dignity of music And
befnir his stall had passed and repassed
I their own operaglasscs had requested
him to glvo them of his best, had
through long ears learned to know him
thero and had nodded to him as they
swept bv The flash of Jewels on beau -
t If ill necks, tho glittering of decorations
mi uniformed chests, had been Ills life
- And now, to what hid he fallen" To
1 selllnr- (I..I.M. t r... A..,,1.,0., ...!..
pennv scheme, pitrnnlzcd by butchers.
bv housemaids, bv tho common people-
n. nolsv. unronilmis rn,l. in,. n!..P.
had ordered a new- uniform Not for
twenty jears had ho ventured tho ex
travagance, and even now his cautious
I soul quailed at tho price, for the last
i i..i. ., . ..... ... .. ... . . .. i.
v mil, no..- i ...-i,,-, in, nan nuuim.'!, iiirnuuii
ino street, li.iinruiiv aware nf i,.-iiii,np,s .
, of . Kuinv i,,lri,. ,,f lmichr. when ,,,i n
' ''...:. -- . :. .-..:.. . : .
I anniversary or me greit naciio lo WHICH
ho had sacrificed a leg, the veterans
marched
people
between lines of
chccrlnu
... (
Now, on this approaching anniversary,
ho could go peacefully, nav, even
proudly. Tho uniform w'ns of the best
cloth, and on Its second fitting showed
already Us marvel of tailoring The
news of It hail gone around the neigh
borhood Tho tailor reported visits from
thoso who would feel of tho cloth and
flguro its expensivcness. In tho evening
for ho worked only until 7 he had
his other preparations polishing his
sword, cleaning his aecoutennents.
On nn evening a week before tho
parade would occur he got out Ills boot.
He bought always largo boots with
straight soles, the right not much dlf
fircnt from the left In shape. Thus lie
managed thriftily to wear, on his one i
leg first one of the pair, then tho other.
Hut thev wcro both worn now. and be-
cause of the cost of tho new uniform ho
could not buy others
Armed with the better of tho two be
visited the cobbloi's shop anil thero met
with bitter news.
' A patch herei nnd a new heel, com-
URGES U. S- SEED LOAN
TO INSURE WHEAT CROP'
Needed at Once in!
Dakota, bays Government
Must Aid Farmers
army of lobbyists seeking to protect the
Interests of great corporations Is here,
All this whllo legislation to help tho
fanners to keep the country from starv
ing next ear Is virtually Ignored. Will
official Washington plcaso look ahead to
tho next twelve months nnd hear tho
plea of the farmer?"
Thus mns a statement Issued
by llepresentatlvo John M Baer. of
N'ortli Dakota, only Nonpartisan League
man In Congress. He has Introduced n
u oy which tne Government
, lfnil farmer, money t0 uuy Beeil
Ills
statement savs:
"food is jst is necessary to tho war
as ships n.vi guniowder Wo fuco a
, " short.jto in crops this year ,m
' l?"?':",11
i Depart ment of Agriculture estimates a
winter wheat crop of 610 000,000 bush-
eIs A bion bushels are nccehid, Whero
1 are wo going to get them?
"We may not even sow all tho crcaga
suitable for spring wheat Throughout
the West there are many farmers who
have had two bad crops. They have no '
money nnd they have no security to ,
otter. They cannot buy seed and feed
to put in 1918 crops. They will bo glad
lo glvo their time If they can get seed
If they cannot get seed thousands of I
acres of spring wheat land are going to
le Idle"
Mr. Baer's bill Is now In the Agrlcul
i ture Committee of the House.
$4000 Worth of Raw Silk Stolen
QUAKERTOWN, Pa.. Jan 24. Ef
fectlng entrance to the plant of the Rich
land Silk Throwing Company, thieves
made off with raw silk lust imported
' from China valued at $4000. Uavonet
I Hold Estate for School Shortage
I blthleh M. Pa.. Jan 24-Bethie
hem'a new City School Board has sur
charged the estate of John Donegan,
who tor more than thirty years was
treasurer of the nld south aid borough
school dUtrlct, the sunt or IZ67I.I7, plus
tntereat of 1U.7 Th laudltijs report
. horts- due to an rron
I!
jme oaiaiej wu cojeiixv -
liHtnin
- -i
rade." he snld "With that and a pol
ishing It will do well enough for march
ing" The usual group was in tho shop,
mostly young men, n scattering of gray
heads. Tho advocates of strange doc
trines, most of them Old Adclbeit dis
approved of them, regarded them Willi
a sort of contempt
' Now ho felt that tlu smiled behind
Ills back. It was his elothlng, he felt.
lie shrugged his shoulders disdainfully.
He no longer felt ashamed beforo them
Already, althouKli the tailor still pressed
Its seams and marked iiHin it with
' ehnlk, ho was clad in thc dignity of tho
new uniform.
Ho turned nnd nodded to them "A
line evening," he hald "If this wtuthcr
holds, wo will have u good day for tlu
mnrehlng." llo squinted a fndid co
nt tho ky outside.
1 "What marching?"
Old Adelbert turned mi tin- epesiker
sharplv "Probably ou bavn forgot
ten." he snld tcornfull.v. 'but in a wnfc
'comes an anniversary thero ate ninnv
who will remember. The day of a gnat
battle. Perhaps," Jie added, "If jou do
I not know of what 1 speak there
'some hcio who will tell Jou."
aro
I Cncxpectodly thc crowd liughcd
Old Adelbert Hushed a dusky icd and
. drew himself un. "STnrj when" be ile.
men ....
"It Is tho way ot the o.d to live In
l tho past," a student said. Thou, Imlt.u-
ling old Adolberfs majestic tone, "Wo
wo llvo In the future Kh, comrades'"
Ho turned to tho old so'dier "You have
j not seen tho bullelln7"
"Bulletins?"
. "There will be no marching pat. my
filend Tho uniform now that is a
pity, l'crhaps the tailor " His eyes
. mocked.
; Xo marching?
j "An order of tho Council It t-eems
i that tho city Is bored by theso ancient
lemlnelcrs. it is for peace, nnd would
forget wais. And the proci'sslons nro
costly. Wo grow thrifty. Hands nnd
drew oiks cost monej, and monej, my
hero, is scaicc very scarie "
Again tho group laughed.
After n, time hu grasped the truth
Thero was such an order. The cause
was given ns tho King's Illness.
"Slnco when," tlcmanded old Adelbert
angrily, "has tho sound of his soldiers'
marching disturbed tho king?"
' Me I can think of a pleasanlei : tho
i tolling of the cathedral bell, nt a ccr-
tain time, will bo music to my ears!"
Old Adelbert Mood, staring blindly
ahend At last ho went out Into tho
i street, muttering, "They shame us beforo
I tho people," he laid thickly.
i ,,..... ..... .,.. ,-. . ..... ..,...
' '" "lu" "' '"" ll" "'H inUCCII
' ''"i, ;,',,,, '? , ,, Vr!", , T,
wh,?h Mr"llc ' n1 "' i ounell hael
.I'onrtor'" ,on- lori ln the stme ot
things. It was deemeel unwise to per
m.t any gathering of the populace en
masse. Mobs lead to riots, nnd riots
again to mobs. Flvo thousand tinned
men, veterans, but many of them In
thejr prime, wire In themselves u
dinger. nd on theso elas of anniver
sary it had been the custom of tho
fnlverslty to march also, a guard ot
honor. Sedition was rife among the
students
Tho ureter was finally issued,
old Adelbert was not keen, but ha
did not lick undi'rst.indlng And ono
l'"ng ii" i.new. and Knew well J lie
concierge downstairs wan no pntrlot.
rlnio had been when, over coffeo and
bread, ho had tried to Instill in thb
old boldler his own discontent, his new
theories of u land wheie all wcro equal
and no man king. Ho had hinted of
many who believed us ho did Only i
hints, becnuso old Adelbert had raises!
a trembling hand and proclaimed trcu
son But now ?
Lato In tho evening he made his i
resolve, anil visited tho bureau of the
concierge. Ho was away, however, and
his nicco spoko through a barred win
dow.
"Two days, or perhaps three," she I
said. 'Ho Is Inspecting a farm In the
I country, with a view te purchase
Tl10 "' rnldler had walked by the
iPalaeo that night, and had ngaln shaken
ids list at its looming shadow. "You
i ""' hop' He said, "there be other
louneis moro painful than Iho thump
of a wooden leg!"
(CONTINUUn TOMORROW)
DRAFT BOARDS ASKED
FOR 25 ACCOUNTANTS
Finance Department of
Three Divisions
HARHISIU'RG. Jan 21 Major Wll-I
Ham o. Murdock, ehlef of tho State
Draft Bureau, has Issued a call upon I
uiu ioc-ici uraic uuurus or I nuaejeiphla.
Pittsburgh and Scrnnton for twenty-five
expert accountants. There men are.
needed at once In tha finance department
i of the equipment division, aviation sec-
""i signal corps,
Tho call Is made upon tho boards of ,
the Stato's three largest cities, because
it is believed that certified publ.o ac
countants with long experience can more )
easily bo found there among tho men
of draft ago. After tho men have been
examined for their physical qualifica
tions they will bo sent to Lieutenant
Colonel M W Thompson. New York, and '
will bo exam ned February i and 5 for '
their expert qualifications
Is It
Worth
c Pel
Day to you to
have an un
limited sup
ply of pure
w u v c r any- ,-
where In and &
about your '
country or
suburban homeor farm?
NEPTUNE Water
Supply System
gives an abundance of pure,
sparkling water, under high
pressure, any time and any
place you want it. Moderate
in price; easy to install and
economical; costs about half a
cent a day to operate.
Write for booklet No. 38.
fUBCKBOS.Co.
riaatlac a HHc naaMw
mmnjkn MKHM
in ailiataedtaViiti inetiffcliimMrfii
raWl itiiT -
REPUBLICAN CONG
HJBBH'
COMMITTEE IS N
Joint Conference Selects Mftji
to Mnnniro Cnmrmfcn Wftl
I
Strive to Control House ' f '
WASHINGTON, Jan. it,
Hepublienn Henators and IlepresentU
tives named the members of the K3
publican congressional campaign ceni
tnltten nt a Joint conference, held tm
that puriwe. n
Nominations for membcrsldn tr&m
sotno Stales, Including thoso without Mk
publican representation to Congress wit
ue pnssen upon later by tno commltu
u-eir tno members selected wore!
California. Itepresematlv e Julius Kahli
oiorHiio, iteiirescmntivn diaries I
Tlmberlako . ionnectlcut. Itenresenb
tlvo John Q Tllfon. Idaho, Hrpre-entn
tlvo Addison T. Smith; Illinois. Kepret
sentatlvo .Martin II Madden: Indiana,
Hepresentatlvo William H. Wood; Iowal
Itepre-cntatlve Frank P. Woodss KaHl
sns, Heprcsentatlvc Philip p. campbaV;
Kentucky, Iteprcsentntlvn Caleb Powers;
jiHine, leeprcsentamc John A. PetcWt
tiiiDinnu, neprcscnuuivo J'Tcaencic
Ihlnwin
Massachusetts. Samuel li Wlnsloiti
..... iiin.iii. ,-,nnix ,,, ocuii, .MinnesniH
Kepresenthtlve Halvor Steenerson i Mlr
ruuri. iii'ijrorcmumo L,eonietas c wref
.Aioniann, .vuss jennette llanklr)
.ynranu, jeepreseniative Moses
itoborts . New Hampshire, IlcpresenUl
. -,.,.,.. ..itnun. iiruiL'ciuHiiVB l.
!,, ,.u,iru ii lYiiinon, ,ev jerse
ceiireseniniivo William J Hrovmln
New Mexico Senator Albert U. Karl
.vcn- iorK i:c ircfentatlvo Norman
iiouldi 'hle. llepresentatlvo Simeon U
c.. e'Kiaiionia. Jteprcsentativit 1)10
T. Moigiin . Orecon. ItcnresentatH
Nicholas J Mnnott. Tennessee. Itenri-
sentatlvo ltlchard W Austin: Verraoni
llepresentatlvo frank L Greens. '
I'ennsylvanln. Representatlre Geor
.- sw.inaiii , j,nouo isiann. jeepresenia
t vc Ambrose Kennedy: South Dakotli
llepresentatlvo Charles II Dillon: Vll
Binia. llepresentatlvo t liasconi SIem
Mnshlngtnn, llepresentatlvo Llndlcv J)
lladley : tVest Virginia. .Senator Howard
utllcrand : Wisconsin, Itepresentattrii
John J Laeh; Wvomlng, HcprcsentatHii
I rank W. Mondell. J
This organization Will direct tha can
p-ilKu aitlvltles In all tho congresalonwl
districts In an cfrort to gain the pf
lltleal control of tho House at ths potlh
next November There will be n flgbk,
for the i halrmanshlp when the commltf
tee holds Its llrst meeting HcpresentaV
tlvo Woods, of Iowa, who Is a caneti-
dato for ic-clectlon. Is opposed by Ileij
rcsentatlvo Madden, of Illinois. j
QUEEN MARIE IN FLIGltT.lj
1 Ilohhcviki Seize Her Jewels at Kishj
1 incv nnd Sho Goes to Jassy
AMSTERDAM. Jan 2 A Petro
grad dispatch to German newspapen, ,
which was reeclvid by. an indirect route .
sas tile llolshevikl havo seized a portlo v
of the funds of tho Rumanian trea&ur '
deposited In a Moscow bank, and als '
taken the Rumanian crow n Jewels s t
Kishinev
Queen Mnrlo of Rumania has fle l
from Kishinev to Jassy tho rumanla (
capital. ,
NOTICE
TO
SHIPPERS
i
During the transporta- I j
lion ensis vvc arc iiiuiu--
taininp: a DAY AND
NIGHT service for con
verting pleasure cars into
trucks with our TRUX
TUNunit. This practically assures
a complete internal gear
axle drive truck within 24
hours of turning over
pleasure cars to us.
COMMERCIAL CAR UNIT CO.
16th Street & Gleowood Arenue
I
Annual
Clearance
Sale of
Electric
Lamps
M
Olir annual ckar-
' cJo, t "Cl
trie Lamps takes
place this week.
These lamps range in value,
from-$10 to $30, and are.
excellent values at these !
prices. t
Clearance prices of
these lamps range,
from $6 to $20. it
In the lot arc a number
of unique and attractive!
small lamps, suitable for!
desk, boudoir or orna
mental purposes: somel
especially fine designs in
table lamps; and a few
remarkable values in floor
lamps.
Each lamp is equipped withf" '
Zi-watt Mazda lamps
thereby insuring the best
illumination at minimum
current consumption.
The clearance uie (rfcci hold
rood only during the ueek of
aruar3UV,andihelampiaxe
tn disHay only ot the Elccfnc
Shop, Tenth and Chatnut Scs,
vfi
Wsr Strlnn Swnvpi tit for oteatour
Mtln nnd DUtrlcl Oficei. If tnr chtnac
ti comins to you when PMn your bio
why not Until U by purchulna the
IMUI lCBinp
J
Tfie PHIUDCLMMj
firflari'
;1
J
'el
91
VI
I
3