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EVENING PUBLIC' CEDaEIPHrDABECfPHIA; SATUKD&Y, MAEOH 10, 192T
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SECURITIES MHKET STEEL TRADE SEES
II
BON NEW LIFE ENO OF DEPRESSION
Week Also Foaturod by Easier
Money Rates and Large
Imports of Cold
Veff York. March 10. The Herald's
hinelil "view of the week Bays:
. ...tM.r.ncri" milso in tho securities
Jrlcts, efllcr monoy rates, a large
import gold movement, strength In the
.,i,n exchanges and some Indications
f wcVess n tho blanket conferences
StSSn lb? railroad executives' organ.
Stps' unions, featured a period of
S than usual Interest In tho week
lc!n5 imlS; of two new Issues of
.,iiurv certificates of Indebtedness,
Krfsatlng 5400,000,000, were over
ihJerlbcd to nn amount exceeding
ITOO 000,000 and were nllotcd to the
Swnt of $481,000,000. On Tuesday,
Ji, first installment of federal Income
SS nets profit taxes fell due. Pron
ations for tho payment were made
without any disturbance whatever to
th. financial markets.
There at once followed n drop In tho
fill lonnlng rate to 0 per cent within
iki monev market on tho stock cx
fhinze and to 5 find 5 per cent out
JmV The renewal figuro held nt 7 per
"it" wan estimated that Incoming gold
from various European sources, includ
r Great Britain, Holland and Swc
Xn. would total not less than $20,000,
000 for the week. Many Industrial re
ports came to hand, most of which re
Arctcd th"" depression of business in
1920 as whs to bo anticipated, and some
tf which wcro favorable.
Increase in Unemployment '
The wns nn increase in unemploy
ment In February and presumably to
tote, while wage revision downward
continued. The Department of Labor
rrportcil a decline of 0!i per cent in
-LlKk.-iln commodity nrices in Fcbru-
irr and of 0 per cent in the retail cost
of fond ns compaicu wiin uuuuuij,
All these things were developments in
the domestic situation which, however
listreRsing they may have been in im
mailintn effect and in sncclfio cases.
formed n part of tho great readjust
ment movement necessary for the ere
ition of a basis for ultimate recon
duction along sounu lines, a great
tail has been heard of tho laying off
if workmen, but not much nbout real
hrdship as yet to those forced into
idleness. Tills deduction may be drawn,
iherefore, that n considerable portion
,f workmen hnvo retained some of the
irrrual of the war period.
There would seem to bo little immedi
ile prospect for adjustment of the rail
road problem. Few of the railroad com
panies which undertook to persuade
heir employes to nccept wage reduc
tions were successful. This made It
aeceBsary that tho matter should be re-
erred to ttio itaiiroaci L.auor uoaru.
Railroads Report Deficits
.T.munrv operations of 143 Class 1
roads disclosed a net deficit after taxes
md rents of $3,120,43." as compared
iith $42,751 .35." net operating income
n January a year ago. in mo cast-
.m district tho decrease in net was
I4D.7 per cent; in tho southern, 78.0
per cent, and in the western, 110.1 per
ent. Direct wneo payments of these
ailroads in 1020 amounted to $3,
110,000,000. Tn 1017 tho payroll of
'he same roads was $1,730,000,000.
It is interesting to observe Hint not
:ttis(niulinc thnt 300.000 men hnvo
own Inid off to date, the number Is
Kill larger than in 1017 by 107,000,
llthoush the volume of trnfflc Is far bo
on thnt of 11)17. It may wen lie mat
he tltuatiou calls for a congressional
nustiuation. as labor has requested,
tat it would havo little bearing when
j.wnt nction is so urgently needed.
While tho united Stntcs ii trying to
taokle its problems with encrgv nnd
'oresisht. the country is sadly hnndl-
avpfu ny the impediment to lorcign
ni o and real nroercss crented br the
Irrman reparations snag. Allied troops
tare occupied tho Ruhr district and
'Ml' the Germans lemain impassive.
The world is wnltlng on tho next move.
Europo Still Unsettled
Word tame over tho cables on Thurs-
iay that Mr. Bonnr Law, long n sup
porter of Lloyd Georgo In his conlltlof.
'abinct. fnrmerlv chance lor ot trie ex-
'hfauer. bad suddenly resigned his office
if lord privy seal and his leadership of
the gotcrnment forces In tho House of
Commons on the plea of ill-health.
Ihcre huvo already been defections on
She sroro of Irish reprisals, and nat
irally thiB latest development gavo rlso
to speculation as to the continuance.
f the present ministry. Thus Europe
mil nous itself in a lugtiiy unsettled
note whiih cannot but react unfavor
iblv on this countr.
Our foreign trade figures for Fcbru
iry disclosed scant improvement. Ex
ports aucil nt $480',310,042 wcro
(15."i,8:t 1,283 less than a year ago and
1163,420,058 less than in January. Im
ports wero valued at .y!14,D2r.lH7
nalwt $208,814,733 tho previous
nonth and 407.402,320 in February.
IWO. The export decline In February
jas moro than double the decline in
January, while the decline in imports
s tome $18,000,000.
Indications Aro for Bettor Buy.
ing in Second Quarter
of Year
DR. JOHNL. HANE Y'S
"ENGLISH LITERATURE'
The Printixtl of the Central High School Has Produced a
Boole Likely to Arouse the Interest of the Reader in
the Great Writers of the Language
NOTABLE BOOKS
OF THE WEEK
I ...... 1-11 f -..... nl 4lie
oi loucn an nciirnio iiiui "' " -method
of his detective.
ny FKL1X E. SCIIELMNO
frofMsor of Rnxllsh IJtrmture In the Unhfrsltjr of I'tnnsrlrnnlA
STATE OF TRADE
.Tim conernt buslncbs situation con
imica Irregular, according to loading
ftiercantllo agencies, but Icsh pcaslmslm
Phalli than last wools. Tho favorable
"father nnd tho npproach of tho faster
"uianu lor mcrcnanaiae lias nnmuiaieu
tujlnir Tho iiutomobllo iinil the tmlld-
ns trades hao becomo moro active and
'rfi filling oidern. which Is also a. Bca-
Jonal development, but In cenoral the
Wnipuint is atin heard that lmprove-
nn n siow.
uradstreet's says:
The excellent eprlng weather and
jenoar approach of Uaator hao brlght
1 '" Jobbing and retail trade, Tho
ormer wnds about thn lKjit reports
iwce the into summer of 1920, and the
"ter the beat alnco the pro-Christmas
Iklli f last 'car- Collections aro a
wado hotter, and tho nutomobllo nnd
;ullnB nnd kindred trades liao shown
' lli and havo bought moro frooly
"wateilals Trado as a wholo.Jn fact.
aoout fair best reports coming from
,' nor,hern half of tho countrj' Fa-
"anio w rather haa made for a great
wTlc" of activity In farm work, and
nV?i B ,l!"1 seeding ha,vo moved japidly
"wiimard Wheat crop rcportH aro
?,r'' 'Utplto InBcct damage talk in
'hialiomn a further shrinkage In fall.
"rs is indicated.
.!?" glance, and taking a. bird's eye
ui ii UllnR. Progress la dlBcernlblo,
n, . ,'t,,al01f uch progression la halt-
L! ."i"1 .Painful, proving that tlmo Is
'wmi aF "c tho world's wounds."
lireH.. V ""i") "a eviuenco ot greater
Ounv n ,on ln Purchasing," aays
imom. 'lew ,"tho prevailing policy
hanX cu crv lH ono of reducing mer
i iX0 i!UockB wherever posalblo and
Vun, reUln,l? cautiously In anticipating
f inn Jc'.lulremcnts- T110 disinclination
d?ni 'ujora to operate beyond (in-
'01ato .Uld Wfll-riflllK., I im.l. unrv
New York, Jfarch 10. For tho first
tlmo In more than six months some of
the best authorities In the fctecl trado
believe that the evidence points to n
turn for tho better. While, of course,
the improvement thus far haB been
small, theso authorities state that the
Indications point to a considerable im
provement In both tho domestic nnd
foreign buying in the second qunrtcr of
the yedr.
What must be given serious consid
eration is the fact that the authorities
referred to wero the first to seo tho let
ting up ns enrly as last August, and
while their views were questioned in
many quarters, it has been since dem
onstratcd that their predictions on the
future wcro decidedly nccuratc. Now,
theso same authorities state that there
arc signs of improvement, nnd it is bo
llevcd they arc again absolutely correct.
The authorities for these views are
among tho best and most Important in
the steel trade. Tucy have been iden
tified with the industry In various capa
cities for many years and have always
made tho closest possible study of tho
situntlon. They now believe that the
end of the denrcsslon Is in sight, nnd
beginning with the next few weeks the
buving should turn upward to a notice
able extent.
Alrcndy there has been improvement
in seasonable products, such as tin
plato, wire goods and pipe nnd tubular
materials. Tho demand for these
articles is better than it has been in
months, nnd it is stated that prices are
showing n somewhat firmer tendency
among tho independent makers, al
though the latter arc still quoting below
the levels asked by the Steel Corpora
tion. Tho pig Iron mniket docs not show
any improvement, according to lenders
in this branch, upcrnuons genuruiiy
are unchanged on tho basis of two to
four days per week. Quotations arc
admitted to be below costs, but tbo
mnkerft nrn tnkintr orders illst the 8amo.
This is due to the fact that they havo
unfilled contracts at higher figures ana
no lnnir no tho nvernp nrlcC On outgoing
shlDtncnts exceed costs the merchant
furnaces are willing to accept new busi
ness. However. In some quarters it is main
tained that when the high pnecu con
tracts have been filled and tho prices
on shipments show an avcrngo above tho
cost of making Iron tho merchant fur
naces will shut down. If this is cor
rect it is stated that these plants will
operate onlv three or four weeks unless
there is a change for the better in the
situation in tho meantime.
A bale of steel plates was made during
the last week at 1.07 cents per pound,
Pittsburgh base. This is the lowest
price thus fur known on nn actual
traiiBncuon. ana compares wuu i"
vious low point of 2 cents per pound.
Tho tonnage was rather substantial in
view of the present small volume of
business. Most Independent makers,
however, arc asking 2 to 2.10 cents per
pound for plates.
Steel bars are obtainable at 2 cents
per pound in small quantities, but moro
than one independent has declined busi
ness nt that figure and is holding for
a slightly higher level. Iron bars aro
lower and can bo had at 2.10 cents per
pound, Pittsburgh, as compared with
2.31) cents, the minimum of only n fcfw
weeks ago. This drop is duo to the fact
that makers wcro compelled to put their
prices down in order to compete with
the low levels asked for steel bars.
There is some improvement in the
demand for steel wire products nnd
wire nails, and independent makers,
arc asking 3 cents to 3.10 cents per
pound, Pittsburgh. This is the senon
of the year when the spring demand for
uiro niul nniln makes itself felt, and 'al
though the volume of new business is
far below a year ago, the increase in
demand is gratifying.
Structural steel shapes arc being
quoted at 2.10 cents per pound, Pitts
burg base, by the independents. There
nro signs ot some improvement in struc
tural buying, and this is believed to ue
due to nn increase in building activi
ties which is expected during the spring.
The exemption from taxes of new build
ings in this city to relieve the housing
situation has caused plans to be drawn
for a number of new structures which
should result in somo business in struc
turals. He-enforcing concrete bars nlso
aro showing a firmer tendency under a
better demand for the Mime reason,
quotations being 2 to 2.10 cents per
pound, Pittsburgh.
There Is no change in the scran mar
ket. Tho reduction In steel mill op
erations has caused n further decline
In the demand, with the result that
scrap dealers are finding it difficult to
work off thee material on their hands.
Where the sellers nro anxious to get nn
order a lower range prevails, but most
dealers arc showing signs of holding
for better prices,
Kcrro-iiiangaiiesc is still obtainable
from first hands at !l)0 per ton, deliver
ed, and resales hae been made as low
as $88 per ton. There U practically no
demand, and no signs nro visible of a
change In the near future in this branch.
TT WOULD be difficult to find a more
- nltrnctlvo subject than the history
of English literature. Ileglnnlng In the
fogs and damps, the fens nnd moorlands,
that abut upon the North sen In Jutland
and wherever else tire learned may place
tho beginnings" of the Anglo-Saxon
race, Bnirnng to n scml-fnbulous king
dom of rhlvnlry. presided over by the
glorious but tragic King Arthur; broad
ening down Into the daylight of modern
times, partaking of every great event,
political, social, artistic thcro is no
such theme for n historian as this.
And the compnny as we pass along is
always of the best, now full of the joy
ousness of Chaucer, that jocund mod
ern of medieval times: now In the high-
blooded life of thn unnplnna time of
Elizabeth, precious with Lyly, grandilo
quent with Mnrlowc, worldly wise with
Bacon nnd heavenly wise with Shake
speare. What good fellows thcro are to
know, all the way along, the raro Ben
Jonson, the splendid Congrcvc, porten
tous Dr. Johnson, grave, perambuln
tory Wordsworth, radiant, evanescent
Hhollcy, KcatR dying Just ns ho Is en
tering the threshold of achievement,
Southey falling into the sere and yellow
leaf on the lower slopes of Pnmnssus,
but qulto worlh knowing while he flour
ishes, uncrc is none so multiple and
fascinating a subject as this, and, like
tho great sea itself, none so easy to go
to wreck In.
THEUE arc ns many ways of writing
a history of literature as there nrc
paths on tho high robb from ono port
to another; nnd, however they hnve
been charted heretofore by tho mer
chant, the trnmn. the freebooter or the
pirate, the way Is still pathless, whether
we traverse it do luxe and nt leisure with
the latest appliances for our comfort
on the way, or perilously. In little
shackling pinnaces in danger of going
to pieces on the dangerous reefs of fact.
To leave figures which have a trick of
entangling me. old keeper of books that
I am, it would seem thnt there is no
end of the variety of ways In which
tho history ot a great literature can be
written. Dr. Haney's book, before us,
seems unusunlly successful In the man
ner chosen nnd likely to fulfill its pur
pose, which. I take it, is not only to
convey such information as a young stu
dent npproaching the subject for the
first tlmo must hnve connectedly, but
likewise to give thnt information in
such n manner as to make tho subject
interesting nnd thereby nttract the
reader to a personal acquaintance with
writers nnd poets themselves.
connected story of how the spirit of
tho growing ages expresses useiu in
the works which It begets, ln the men
which If stimulates Into expression, is
something deeper nnd more difficult to
convey thnn Mint. An Interesting and
valuable feature of Dr. Haney's book
mere sketch that it is, and it purports
to bo no more lies In the skill with
which he has subordinated the bare
bones ot his topic to tho flesh with
which ho has clothed them. There Is
no place- In such a book for theories,
nnd when thlnirs nro doubtful as they
arc In so many Instances in this story
Dr. Haney, for the most part, takes
n conscrvntlve position nnd very prop
erly feels under no obligation not to
leave some problems unsolved.
I
T IS a common experience of those
who sneak to students who tnkc
notes that the nencils are most active
when some definite fact, date or name is
mentioned. They hnng poised motion
less nnd unrccording on the promulga
tion of the most important truth. Now.
neither the stringing on one thread of
the facts In the lives of successive nu
thora nor the lilting of their works is
the history of literature in nny real
sense; nor, on the other hand, are
vaporous generalities and the like. The
I AM not quite so sure that I like
certain little lnbcls which the author
has prepared as the headings of para-
frrnnnn devoted tn name of our nreat
moderns. Jane Austen, "a quaint
realist." Why quaint? Qunintncss is
n subjective imprcssiou produced In n
disparity between our preconceptions or
our present surroundings nnd whnt we
find. Miss Austen was not quaint to
her time. And l)e Quincev Is neither
the first "restless scholar" that has
been nor the only "Imaginative essay
ist." Of course. Dr. Haney docs not
mnkc these inferences; but his young
renders may remember Byron ns "the
noble bard,'' not "a noblo bnrd," and
mix this somewhat stilted use of the
word with Druids and Welshmen nnd
the like; ns they may recall chiefly thnt
Shelley was "vlsionnry," Keats' a
blighted life" and Mncaulay "n re
markable youth." But I am captious.
And perhaps education Is like phar
macy : It is safest to label all bottles.
A S I TUBN oTer the pages of this
a- honest nnd oapnble book I cannot
but wonder whnt must be the first
thoughts of a bright high -school youth
on ifirst opening its pages. It is so much
simpler nnd clearer, so much better
proportioned, so much more readable
than that wooden old book of Shaw s,
"English Literature." on whfch I re
member to hnve firt cut the eyeteetli
of my understanding. Docs our young
hopeful of tho present know or appre
ciate all this? or docs competition wMtli
li Sntnrrlnv Ktenlni? Post make Dr.
TTnner'R iirn'hlein renllv more difficult?
Does this systematic teaching nbout
writers In their environment nnd nbout
tho books which thev wrote make rend
ers of the books of which they hear?
It was the "Biographia Jjitcraruv oi
Coleridge, which was way over my boy
ish head when I first looked Into it, thnt
set me afire to literature. It was not
Shaw. Except for getting nt it when
you wnnt it, is knowledge shelved nnd
ticketed the licit knowledge? I do not
question ns knowing, but us wondering.
For years hnve not yet nnswered for
me these questions. Mennwhlle we have
to thank Dr. Haney for nn excellent
guide to a country that he knows well
and has long traveled in.
T7vnTTaiT T.TTr.niTimir.. nv John I,
'irnncy. Now York: Harcourt. Brace &
Howe.
The Nobel Prize Winner
The nwnrd of tho Nobel prize for lit
erature to Knut Hamsun, of Norway,
brought to the attention of the Engllsh
spcaklng world n novelist who hns long
had a wide reputation In continental
Europe. The lltcrnry public of Great
Britain was as Ignorant of him ns tho
American public. Indeed, 11. G. Wells
baa confessed that he had never heard
of him before. Hamsun, however, has
been writing for thirty years. He Is
Itcd the United States In the eighties,
where ho worked ns n laborer, and ho
came hero later and wrote a book about
us which he said when ho knew more
was not a fnir account. His first hook
to be published hero was "Hunger,"
an autobiographical novel which Alfred
A. Knonf broucht out last November.
It has Just been sent to the prcs for
mo nun time. "Urowth of tho Soil."
the book which it is believed won tho
Nobel prize for him, has just been pub
lished by Knopf, who has made ar
rangements to publish nil his books ln
this country. Knopf hns Issued the
book In two volumes, for which ho is
asking $5, but tho price is not nre-
venting Its snle. A second edition was
demanded about as soon ns the first was
put on sale. It would bo easy to say
that It Is the greatest novel that has
appeared within a year. But If all the
superlatives are used un on it none will
bo left for another occasion. It is
enough to say that it Is one of the great
novels of any language. "Growth of
the Soil" might bo called tho epic of
civilization, for It is the story of a
simple Norwegian who goes Into the un
developed state lands n long wnv from
hla village, builds him a sod hut,
breaks up the soil nnd begins to re
clnlm It for the use of mnn. He gets
him a wife and children nre born to
him. He gets a cow and a horse and
gonts and they Increase, nnd ns tho
years pass IiIh life nnd thnt of his fam
ily become moro complicated. Their
minds broaden nnd the mnn and woman,
inarticulate at tho beginning, begin to
find words In which to express their
thoughts. The story is told ns if it
wcro written by the recording nngcl.
sitting up nloft nnd writing down whnt
the man nnd the woman did and whnt
they said and whnt effect their actions
bnd on the development of the lnnd on
which they were settled. It Is renlism
of the most artistic and subtle kind,
not the renlism which sees only one
side of life, but which perceives life
whole and exercises a selective imagina
tion in the arrangement of events. Only
a great literary artist could have writ
ten tho book.
A Novel About Immortality
The Fleming 1 1, llcvell Co. has pub
lished In America Joseph Hocking 9
"The Pasxlon for Life," the third edi
tion ot which has jint appeared. Mr.
Hocking might be called tlTe Harold
Bell Wright of England. He hna been
writing for several jears and moro thnn
2,000,000 copies of his books havo been
sold. He was onco a clergyman, as
Wright wns. "The Passion for Life s
n religious novel, in the sense that It
is occupied in showing how n mnn who
thought he had only a car to live satis
fied himself that death did not end
,.....ii,i,r itni boqMn thnt It Is n story
o( German spies in England duiing the
war. Tiicro is un lniercsiiiiK "
citing plot nnd two love stories nnd a
proud father who disowns his son and
much of the conventional material of a
ltrib.nl tfnflluli novel. Allll it Is Writ-
Inn tn ilin ftront. mnKS of lieoille who
care no'thlng about the technlquo of
llinrntiirn unrl nrn Interested only in
rending about life as they know it. The
wide popularity of Mr. Hocking prove
that he Is ablo to iuterpret llfo for the-e
people. There are no sophisticated dis
cussions about Immortality In the book.
It rests Its argument on the teachings
of the Bllilo and on the experience of
devout people nnd It shows how men
nnd women in n great crisis arc drawn
together by n common grief. Henry
James never could hae written it, but
then the people who will read it would
throw down one of Mr. James' novels
before they had read u chapter.
Value of Prayer
"Auk nnil Tteeelvo" is n tllOUEhttuI
nnd suggestive study of the teaching of
Jesus ln regard to prayer and Its need
ln life. It is not the work or a minis
ter or a theologian, but of a man whose
nctlvn life wns Knent ns n soldier in tho
Civil War and in government service
and the latter years to his death, in
1014, in striving to help nil who were
seeking nfter religious truth. In simple
language which children can undcrstnnd
he shows how to prny, from the cxnmplo
or .lesus, nnd the certainty ot tno an
swer to real prayer, with special refer
ence to the moUng tho mountain by
prayer. In endeavoring to cxplnin this
be pictures Jesus standing in the midst
of His disciples, pointing to tho Mount
of OlUes. "bathed in the glory of the
early morning sunlight," nnd from it
taught them tho ubsolute need of faith
in God when praying. He closes nn
Imnrcssne book with showing the im
portance of the doctrine of forgiveness
while praying and the relation of prayer
to bodily healing.
ASK AND riKCMVE Hy Aaron Martin
Crane. Boston Lothrop. Lei . Shepard
Co. 2.
A Cry of Fire
a murder and the
confession of three
people to the crime.
This is the bewildering problem
that will befog the most astute
solvers of mysterious crimes in
the latest and most baffling of
CAROLYN WELLS'
"Fleming: Stone"
Detective
Stories
THE MYSTERY
OF THE
SYCAMORE
PRE-EMINEiW
$3.00 AT ALL BOOKSTORES
. B. LIPPINCOTT CO.
DROP IN BANK CLEARINGS
Local Exchanges for Week 17.9 Per
Cent Below Same Week Last Year
Rank clearings throughout the coun
try again fell below the level of last
year, during the week closed jesterday.
Total exchanges of all the clearing
hounos in tho United States were $7.-y2l.5-l0.221,
against $0,000,028,010
this week last car, or a loss of 21.3
per cent.
Local clearings wcie 17.0 per cent
below the figures for the Mime period
in 1020. tho aggregate being !f.'lS.-.278,-000.
comp.ncd with $t00.007,0US.
Details follow. '
Dcoreaae
11UI I0J0 Tet.
N- Tork $3,3811. 1IS.0J1 J-l 44S.01H.IHI 4
Thlcago .. 4ll.7ao.B15 S'W.TM.OtH an.
I'hlladelplilu
CONWELL ON PRAYER
Notable Pastor and Educator
Writes Vigorously on
Its Efficacy
Like any production of the Itev
ItiiKsell II. Conwcll. "Effective
I'rnycr" is abounding In vigor.
There arc many people today who say
they do not believe in prayer, and there
nre manv who If they do pray make
lieir Nimnltcntlons and nrcentlonn hnlf-
lienrtedlv nnd hnlf-shamedly. The one
class havo a good chance to be converted
if thev rend thla informing and inspir
ing little trcntisc by the noted pastor
of the Uaptlst Temple nnd the founder
nnH nresldent-. of Temnlo University.
The other class win oo ncaricnco. uy un
tencta nnd teachinga which have arihen
n..t nt Mm hrnnri nnd decn worldly nnd
spiritual experiences of the venerable
rlenrrmnn. who seta forth here the
fruitage of more than three score nnd
ten vcars of life upon thin mundane
sphere. Thoso who read it to scoll may
reread it to pray.
Dr. Conwcll, tho mnn who mode
eleven million dollars and gave, it all
away to the betterment of the com
munity nnd tho race, says emphat
ically: "Prayer, the right hind of
prnver, is answered."
Ho gives convincing demonstration ot
this thesis of the efficiency of prayer
In tho comparatively few but graph
ically written pages of this book. Ho
shows also tho uses of prayer as dis
covered by business men nnd men ot af
fairs. It may stir faith in those with
out faith: it will be serviceable to tho.se
who go regularly to rliurch and to
thoso who do noi uiu-uu i" "'" y
llgious duties; it lias an evangel for
both the oung nnd the old.
Dr. Conw ell's book will doubt ess
arouse n good deal of comment and dis
russlou. If ho these w 11 only add o
its fructlfjing value. It is, a worth
wlill rawww ho his fellow citizens from
one of the most notnblo and noblo of
rhilndclphinns.
rrrscTivr. rn.AYr.rt m rtuiii " Con-
well Ntw York: Hnrpn- t. llroa.
AW BOOKS
General
oTn l'riIVTH Kdlle'l I"' Mrr. Waldo
STAntchro nonton- Houston Mifflin Co
Tin- UTKTOIIY or A I.IR. Hv Hfrmnn
T,"n"n-ln. New Tork' J. lj. OHM" V,?
rirmilnK" one of tr mni,t riirKcrouK 111
ernrs forAlM iV "h'eli nntl-Semltlc prop
nRanilla? lia" "endworeil to Injuro nn.l . I
?rcfll th .Te tlirouuhout tlio 'wJ
nnm.ly. "he o callfd "Protocols of tho lo
Men of Zlon '
tih: htmpatiiy or Tim rcopt.n n
John 1- .Williams, lloaton. Tour Shd
A 'iiram Inspired hv the policemen' Mrll.e
in llonton In yeptember. I01P.
rnr crrr si,ni:rs ny rhnrim Muifoni
no-jineon
printed from nn nddresa fleltverea before tho
society by Major llunlc,
FOUMfl nv CORIXNE nCKWnVEI.T JIOD-
INSON. New York: Charles Scrlbner
Sons.
' A arled collection, which includes tho
satire pf "Tho Poetry Society Anthology
and arlous tributes to Colonel nooscelt.
Fiction
WHAT DWID DID. rtv Helen Woodruff.
New York: 1'onl A IJierlsht.
A clwrmlnu nnd hlmslealtalij which
shows what the "lovo let tern of tw0 bahlea,
as this btory Is KUhtltlcd. did, for a couple of
self.wllled cronn-ups.
HlSTHIt SUB. Hy Illfanor H. Torter. Dos
ton: Houchtoii Mifflin Co.
Tho n.est stor by the author or Po Iv.
anna." In her characteristic oln of optim
um." PnOC.Y STEWAIIT. NA-IT ami.. JfOi
brlello Jackson. New Yorlt: C. . Put
nam's Bonn.
Tells about Peltry s echool experiences. A
dellchtful book for clrls In their teens.
THIJ MTSTCllY Or TUB RYf'AMOrtK. riy
farolyn Wells. Philadelphia: J n.
I.lpplncolt Co ....
Another ricinlnef James detects n arn
litn MAN IN TUB DAKK llv Albert ray
on Terhune. New York B. P. Dutton
4 Co.
Mutery and nrtenturo amont: tho moon
shiners of tho Wes, Vlronla bills. One of
Mr. Terhuno'n fine eharncterlratlons of u
noblo dos Is nn effcctlie part of tho story.
TUB DIVINE ADVCNTUHE. flv Theodore
Maynard. New York. V. A. Stokes Cn.
A rellKlous story hy.e well-known l.nitllsli
roet, now lecturlnc in this country It Is.
howeer. moro than a rollBlous utory In a
narrow sensj. and Is rich In human fcellne.
plot and ncuto characterlza'lqri.
TUB NAimoW HOUSE. By Ec!yn Scott.
Now York: Conl k Mtcrltrht.
The novel of a fleht for freedom waced
by a family bounded by domestlo barriers.
OUT OP THE AHl. Hy Ine7. Haynes Irwin.
New York: Harcourt. llraeo A Co.
An aviator, returned from 1 ranco. and a
haunted house aro the factors In a mystery
story of lltorary distinction.
MOGKN8 AND OTHEH 6TOP.1ES. Hy Jens
Potnr Jacobscn. Now York: Nicholas
t. Ilrown.
Short stories. Introducing to American read
ers ono of tho most noted of DanUh writers.
WIND AIXNO TUB WASTE. By Gladys
E. Jackson. Now York Tho Century Co.
A nool with a thrill on every raco.
THE NOISE OK THE WORLD. Ill Adrians
Hpadonl. New York: Uonl i. l.lverlnht
Storv of tho HirusBio tor reaujusimeni
between a husband and wife Hy the author
of "Jhs Swlnir ot tho Pendulum
Mrs. Richards" Anthology
"Star Points" is the nnnie which
Mrs. Waldo Uiehards has given to her
latest antholog of modern poetry, pub
lished by the Houghton, Mifflin Co. It
is n collection of what she calls songs
of joy, faith and promise ; that is, it's
a book of poetry filled with optimism
and kindliness. Among the poets rep
resented arc Christopher Morlcy,
Thomas A. Dalv, Charles Wharton
Stork, Amory Hnre. Sara Tcasdale,
John Drinkwnter. Itohert Krost. John
Masefield and Kdwin Arlington Itob
inson. There nre about 200 poems in
the volume, written by about 100 dif
ferent poets.
Detective Stories
"The Man in the Jury Hox," by
Itohert Orr Chipperfield, published by
IXobcrt M. McIJrldc & Co., is n murder
.story which ends in n way to give the
reader the satisfying kind of a surprise
that he likes to experience when he lnys
down n detective story. Those who
rend "The Second lluilct"- will know
what to expect.
Thoso who like short detective stojies
will find some to please them in II. (1.
Hailcy's "Call Mr. Fortune," just
from the press of 13. P. Dutton & Co.
Mr. Fortune is a young Knglisli doctor
who baa developed considerable skill in
unraveling mjMcrics. Mr. liailey has
told of how he succeeded in six different
cases. He has done it with a lightness
A NEW KEVEI.L, HOOK WKM
Is Business Suffering
for Lack of Religion?
ROGER BABSON'S Jj';
Fundamentals
of Prosperity
shows the need of rclipion to
birr, business men as well as of
big business men to religion.
George W. Coleman sayi: "Jnit the
right tonic for a tick world."
All Booksellers Only $1.00
50 1EAKS OT PL'IW.ISIIINGM
A Canopic Jar
A HOOK OF VKRSE BY
LEONORA SPEYER
In the canopic jnr of the ancient
l.gptifilis wns placed the heart of
the departed there to rest in the
keeping of the euardlnn gods So
these poems. IrHfrrant with thn
memory of thoughts to deep for
words, guard tho "dead dreams tlidt
will not die"
$2.00. Order of any bookstores
or
E. P. Dutton & Co.. G81 5th Av., N.Y.
:i8V.:7H.oii!i
Iln.tnn . 2I3..1UH. II
Kans City 14H.LMi2.niU
St. riuis ii7.iih:.oio
H.Eranclsco lSVnoo.nno
IMttsburxh 111. Mir, III I
Detroit iiOHlnjai
lialtlmore 07. 8U7.711
N Orleans IS.70a.Uir,
I
4iin.iWi7.nns I7.it
niiio.i4.aM ift.s
I'M 1.11.(110 .10.5
inn r,n '.'ns :ni.4
till. nuo nun in.4
1ft'. 2111,0(1-.! 8.8
l.-.o iino wi fla.s
7S,RI.1,0.'I) 14.11
U7.3-M.11U 33.U
AT THE FREE LIBRARY
nooks silrted tn the Free I.lliniry. Tlilr
tenth and 1xust streets, rturln the week
cndlnc .March 17:
Miscellaneous
rrinl,ater. John "Pawns."
i:aton, W. P "In llerkbhlrn I'lclds
l'arls, J. T. "On tho Trail ot tho
Pioneers," .......
Ouest, V. A. "Heap o' I.lvln' "
Ilellner. V C. "Call of tho Hurt."
Holllrtay. II, C. "Men and Hooka nnd
Cities
Tltdcn. W. T. "Art of Lawn Tennis."
Fiction
riiekliuv Anton "Tho Schoolmistress"
anil other stories,
l'lshcr. Dorothy Canlleld "Drlmmlni
Cup "
Irwin. I, If ' Out of the Air
I'lilllpottH Kden "Ono Itbom '
UUInj. Lawrence "hc Who Was Helena
Cass."
tor.iV;, ,a wcll-detlnoil iieittB serve:
let v?"! ""' revival In primary cliiin
...," 'ind oiilerlnir In mnjll lmu lu ti
iu ft . .. .... ..- " . ...
ih(Wa. w"em HtippiicH of goods have
torvJ.?.".0 ro.'"Udernblo depletion. Cuuho
depl
1. in
Mlli .in..,,: "'v"1 ..i"1 uncertainties,
itni nf ,1 " repruinir tlio probablo on
M.ki ii a"JU"neni, ana-tlio threat
I ""I alinr If....!!.... 1., i. .........
Dur0',',inueJ hesitation, moreover, ap
IJIlll ,, HKwmrH 111 somo inilUNlIK
Hi !ioifv,fr,ni,,lto ,ho wnlllnB attltud
'ie Hopeful nsnectH In thn itii,,iin nr
"i mo m u... 1. ....1 .-..'.
bhaire.r . ;""'" uouir moro ireeiy cm
Pent 1, r'iml,B0.n! uaala for encourage.
KHLl,Mnfff0.ru',d by tlio Indications oC a
PSota&SL "p.r ? ulWln activity In
ious Parts of tho country,"
Fewer Failures Last Week
With 277 commercial failures In the
United States, tills week's Insohcncy
record, for tlio fourth consccutlo week,
rollects moderate Improvement. Tlio
number of business defaults was sixteen
Uss than reported to It O. Oun & Co
lust week and contrasts with SI I fail
ures two weeks ago and BH as tho high
point for tlio current jear, reached In
thn wek of Januiuy 13 Comparison
with th returns of tils period of 1920
was mill unfnorablo, thcro halng been
only 124 Insolvencies at that time. Tho
ih crease In number of defaults thla
week, as compared with those of last
week, was inainlv on tlio Tucltlc Coast,
whoro a reduction of 10 failures was
noted, Tho statement for the .South
shows a Bllulit falllnif off, whereas there
are six moro failures In the West, in
the East no change appears.
itnulnn ("nrnh'll Co
Poems of dlunltv and Braretul "Predion
an I short stlniulatlnK csas b li i Is it"
lr Itnblnson, who was well known ni an
er- on , city Planning and clvlo betterment.
Tim Mn.s'Acn or tiibmoh 10 nmini
MareJkuw.UI New York: NUholas I,.
r,HiHrwrlttn 1 number of ear ajrp by
.e..Si i. V wiriilnii thn hne taken on
JomMMnS "? Pn"hS In the Unlit of later
m?nti
... ... kn I. . 11.. 1
AHS-narul.fKW.na'fSreat
iiVsTosE Aon in NoiiTiinnN simon:
1,,BIlv John It Tler. New York: Charles
Hcrlimer a ij"n.
f m "the rec.Tr. In the "shell hear.. f stone
mSSutnenta. etc . of Northern Europe
TUP ii:W AND AMKIUt'AN IPHALH Hy
Till. .!' "'A w vnri Harner ft Ilros
. "Hi. ....inn of thn "protocols" and otner
propmrsnda of antl-Seinltlsm
mi-nmtAWY. Ilv James 1 Chamberlain
0L Philadelphia J II l.lPPlncolt Co
Treats tho aubject concisely but authori
tatively from the pol.tlcal economic and
..'atonal standpoints
IlIlTII OK OUH KI.AC1 AND 1'I.AO P.TI
Qfl'.TTi:. Hi' Iul nanemft Hunk
Philadelphia! Ponnsyhanla Society of
tlio Order-'of rounder and Patriots of
AAwncltf,' treatment of Us aubject. re-
P
OTTERISM
One of the Ave best-selling
novels for the last few months
Don! fit Llverliht $2. tVCrVWHefe
By the
Author
of
"Basil
Everman"
At All Bookstores
tl 00
ELLEN LEVIS
by
Elsie Singmaster
"Mis3 Singmaster'3 fictional art has
shown a steady progression and this is
by far the best and strongest novel
she has written. Her style possesses
both vigor and distinction, her char
acters are vividly and convincingly
realized and their development
weaves a plot which reveals an un
usual understanding of life." New
York Times.
HOUGHTON MIFFLIN COMPANY
The Man
in the Dark
a now novel by
Albert Payson Terhune
An atmosphere of mystery and adven
ture, n background of nluht riders nnd
moonshiners in West Vlrtilnla hills, nn
unknown "man in the dark." a loyal
nnd heroic girl, and n lovable collie
dog, form tho most Ingenious and
tensely dramtic story Mr Terhune has
yet written
$2.00. Order of any book&lorc or
from
E. P. Dutton & Co., 681 5th At., N. Y,
Sinclair Lewis, Author of "MAIN STREET"
writes in the New York Times:
"Salute to Evelyn Scott! She belongs, she under
stands, she is definitely an artist. ... It would be an
insult to speak with smug judiciousness of her 'promise.'
She has done it!
THE NARROW HOUSE
is an event. It is one of those recognitions of life by
which life itself becomes the greater."
We believe THE NARROW HOUSE is one of the
finest novels of this generation. $2.00 everywhere.
IDE
IL'JolrJr.
j MODERN a
! UDRARV q
'
"MAIN STREET
Everybody's reading this new novel by Sinclair
ewis.
But it's not merely a popular novel; if is one of
the great works of American literature. "It ranks
with 'The Scarlet Letter,' " says William Allen White.
And John Galsworthy calls it "a feather in the cap
of any literature."
Over 100,000 sold $2.00
Harcourt, Brace & Company
l Weat ilth 8lrcct
. rtu Y01 k
!
GHOSTS
By ARTHUR CRABB
Author of
"Samuel Lyle, Criminologist"
A
I
THEN tW
REPUBLIC
rtporUthstalsrgef
proportion cf books
published br Goal
A LUerleht wets
reviewed In thecol.
n mm ef TUB
NKW REPUBLIC
dnrlnjclheyeeirWM
than those of any
other ptibllaht.
Th perceotasaa
of the Ant ten pok
ltsbera were aa ol
Ravt-bUf aitaat
37.
Kaiuosut.
DraceoVCsv XL
Marshall
Jones Co. 18.
A. A. Knopf 18.
n.WJIoebteh IS.
Macmdan Co. tJt
Thomas Settler 04
Heory Hott
ft Co. .
Harpar&Dro. 7J
Century Co. S.
NKW amcl in which the
huRC, lonEr-lccced crim
inal lawyer, psychologiHt
I
and philosopher Samuel Lyle
Koca to a quiet and fashion
able seaside resort and dis
proves a local theory that no
one except a ghost could have
committed a celebrated rob
bery, exorcising at the sumo
time a very real "p;hobt''
threatening the happiness of u
beautiful and appealing
woman. A mystery story told
with literary distinction.
Price $2.00
Published by
THE CENTURY CO.
New York City
THIS pro-eminence bids fair to be
maintained and strengthened thfe
season by the publication of the follow
ing remarkable booVs:
'May fair to Moscow, Clara SherV
dan'a sparkling Diary.
The Narrow House, by Evelyn
Scott, one of the great novels of
this seneratlon.
The Noise of the World, by
Adrians Spadonl, author of'The
Swing of the Pendulum".
Jake: A Novel, by Eunice Tletjenv
Red Flowers, by Francis HeCUne
Snow.
The Emperor Jones, Diff'rent,
The Straw, by Eucene O'Neill.
'The Evolution of Revolution, by
H.M.Hyndmsn '
Vuef Pabllthed
w iLjimmWiir
"Truly, the novel of the year!"
WILLIAM J. LOCKE'S
New Beloved Vagabond
"Hell's
Hatches"
By Lewis R. Freeman
Author of
"In the Tracks of the Trades"
This is a "ho" book, if there
over was one. The author, who
bus voyaged and lived all
through the South Seas, has
written a novel of the South
Pacific that will taka its place
as one of the moat dramatic
stories of the year. The char
acters arc vividly real and
btand out, clear cut, bizarie and
striking, again.st a background
of plots and gun-play, a weird
,and wonderful cruise and a
breathless climax. $2.00
D0DD, MEAD & COMPANY
449 Fourth Ave., New York
Jl(W William J
y gL Locke
1 11 i nsswi r
wjmmtMMam&m
s
I
'Ss
I
i
32
rSA
W
m
ea
1
Find the Woman I
Arthur Somcrs Roche
The story of CUncy Dcane,theglo.
riotis country gid of New York,
its romance ana adventure otho g
knijdia and knavej of Manhattan, g
A breathless novel, an encnaaung
r.rt. ix Find the Xotnan.
At all bookitorrs S2.00 VA
opouon book rporauou
MavalnsUlmtet
"Tlic stoiy is wntten 111 31 r.
Locke's familiar smoothly flowing
md easy htylc. Its gentle humor,
its half whimsical and wholly en
tertaining plot and its persuasive
human touch entitle 'The Mounte
bank' to a high place among the
nocls of the year."
,r' York Tribune.
Cloth f.'.on
OF ALL IlOOhSKLLL'RS
JOHN LANE CO., NEW YORK
The Velvet Black
VIVID, TENSE STORIES BY
Richard Washburn Child
JUST SUPPOSE that you woke
to find your husband and a burg
lar shooting at each other in the
velvet black of midnight that
you counted the shots, and knew
beyond question that ONE man
had a bullet left with which to
kill but which' This does not
begin to express the thrill of the
first of these brilliant, dramatic
stories.
$2.00. Older of any bookstore or from
E. P. DUTTON & CO., 681 5th Av.. N Y.
WIND ALONG
THE WASTE
By GLADYS E. JOHNSON
A LONELY hout.0 on th
sand dunes of tho Pacific
coat, a sinister Chinos
sen ant, the menace of an un
namablo danger, shot3 in tha
daik, strange comings and go
ing". in the house there is a
tin ill on cery page of thi
new m -tery story from the
West. It K an amazing plow
of work.
Vice $2.00
Published by
THE CENTURY CO.
New York City
SSI
Christopher Morlcy
in Leather
Tlir fullouni; lionUs In lm lojili. i
Moik 1f0111n.1l ' ftui'i.iti't ol Hi.'
l.MMHiiK l.iiU'ii ah iu iil'i nn 1I1I1 in
.1 li.iiutsoiiio biuun limp li.iilur t-ilmun,
povUct size
THE HUNTED UOOKSIIOP,
PARNASSUS ON WHEELS,
SIIANDVC.AIT.
At iny bauksilhi thr - I In nil
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UOUBLEDAY, PAGE & CO.
Headquarters For
Engineering and
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Philadelphia Book Company
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T
Public
THE
OLDMAN'S
YOUTH
!i
WILLFAM DL MORGAN
HIS LAST HOOK
"No English uritcr 111 this
ccntur li.m done so much to
tukf the nosel .ivmy from the
dilettanti and t;ic it h.ick to
tho public."
Atlantic Monthly.
HCNIIY HOLT
11 W 44th M
t O.
N. Y.
S3!
stwm
m
MM
Everything Deslrtiblo in Books
WITIIBItaPOON uijjo ,
Walnut. jDDlper and Sanaoea Ma, I
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