Madison Wisconsin State Journal (Newspaper) - September 30, 1920, Madison, WisconsinBusiness
Outlook
Impulse to Price Adjust*
merit Is Widely Felt in
America
- B y J o h n W . H i i r = ^ \ ___________________________
^Financial Editor, Iron Trade Review) I
v o l . 135, NO. ISO.
TT I W 7lheWisco te Journal ( ' i t y E d i t i o nFOURTEEN PAGES
1 H R p re sen t
n o t new or
price m ovem ent I*
surprising:. I t Is
81st Year. MADISON, W1S., THURSDAY AFTERNOON, SEPTEMBER 30, 1920. PRICE THREE CENTS
m erely an acc en tu a tio n of th e
p rice reac tio n w hich haa been q u ie tly
w o rk ing in th is co u n try and in a ll in �
d u s tr ia l n a tio n s since la s t sp ring .
T h ere is be ing b u ilt a fo u n d a tio n for
bedrock, sober p ro sp e rity .
H igh w ages will recede m ore slowly
th a n th� c w t o f living. H igh ta re s
an d high f re ig h t ro te s c o n s titu te fu n �
d a m e n ta l p ro d u c tio n co sts w hich m is t
bo reckoned w ith .
Tho sm ash in g of a ll vah iea o v e r�
n ig h t w ould h u rl th e co u n try Into eco�
nom ic ch ao * T h ere fo re , e ffo rts a re
being m ade to keep th e p ro cess o f d e �
flation o rd erly . I t Is a lw ay s b e tte r to I
w alk dow n s ta ir s th a n to Jum p o u t of I
tho w indow.
T h is does n o t m ean th a t no com - j
m odify w ill re ac h th o p re -w a r level, j
C opper, silk , wool and h ides ar� a t,
o r n ear, th e ir 1915 q u o ta tio n s now. |
B aw ru b b e r Is som e 60 p e r c en t be-I
low Its p re -w a r p rice . In a ll o f th ese
m ark e ts th e re is a d eg ree o f o v e r�
pro d u c tio n w hich ta n o t so a p p a re n t
f in o th e r I in c a
S r u su a lly h appens, re ta il p rice s a re
! not sp eed ily re flecting th� red u c tio n s !
t in th e w holesale trad e .
Bom� sh rew d fin an c ie rs believe th a t '
'Hie c rea tio n o f a lm o st $20,000,000,000 j
In now w ealth th is y e a r in c ro p s will J
.help to b o ls te r u p buumunn ac tiv ities .
. . .
T h e one n o tab le ex cep tio n to the I
g e n e ra l tren d o f p rices h a s been In
th e iron an d s te e l Indu stry . I ts p rice
level w as m ain ta in ed by largo unfilled
. r d e r a B ut th e u n d erly in g position
o f th e in d u stry is being w eakened by
th e sh a rp decline o f new buying.
. . .
T h e re d u c tio n of F o rd s h a s cen te red
a t te n tio n upon th e au to m o b ile In d u s�
try . A lthough th e F o rd ann o u n cem en t
a t f irs t w as g ree ted in a h ostile m an �
n e r by o th e r m o to r p roducers, som e
h av e a lread y fa llen in line.
GALVESTON HAS $2,000,000 FIR
CAR CO. A S K S F A R E B O O S T
D E F I C I T ON
OPERATIONS
IS C L A I M E D
Madison Railway* Officials
Leave Amount of Increase
to Board; Submit Fig�
ures With Petition
T he ab u n d an c e o f goods on d o m es�
tic m ark e ts is p a rtia lly exp la in ed by
fa ll in g ex p o rts an d ex p an d in g Im ports.
T ho A u g u st excess o f ex p o rts , to ta l �
in g So? 000.900, w as th e low est o f any
m o n th s in ce O ctober, 1914. T he
m o n th 's im p o rts in creased 68 p e r c en t
e v e r 1919, w hile e x p o rts d ecreased 9
p e rcen t. T he A u g u st record w as a lso
tow er th a n Ju ly , w h e reas in fo rm er
jvw trs a r exp an sio n u su a lly occurred .
s e *
W ar in fla tion hum bled th e a lm ig h ty
do lla r. In J u n e It w.^s w o rth 57 cen ts
c . m f�ar*il w ith p re -w ar va lues. L ow er
com m o,Illy p rice s a re rev iv in g th e d o l�
la r 's d rugged se lf-re sp e c t. N o th in g
in d ica tes th is m ore v iv id ly tn a n th e
re c e n t reco v ery o f L ib e rty bend prices.
T h e ad v an c e In bond q u o ta tio n s a lso
re flec ts th e e a s ie r c re d it s itu a tio n .
T h is h a s repu ted fYnm fa llin g p rices
And re m a rk ab le c lea rin g sw a y of
goods' oongestion by th e ra ilro ad s .
. . .
T h e b u re au o f lab o r re p o rts th a t o a t
rat 14 In d u strie su rv ey ed in A ugust,
Id show ed few cf e m p 'oyes th a n In 1
Ju ly . T h is Is d ue to d im in ished in �
d u s tr ia l a c tiv ity . R ap id ly g row ing
tm m ic ro Mon will fu r th e r In c rease the
lab o r supp ly and caus� re a d ju s tm e n t
o f tb s w ag es o f com m on labor. Im �
m ig ra n ts a re now po u rin g in to th e
c o u n try a t th e ro te o f o v er 1,906,090 a
yeah. T h is is equal to th o p e ak of
u re -w a r im m igration .
I R LM H N D O U S in creases in cost
of o p era tio n an d m a in ten an ce
a re the bania fo r a pe titio n fo r
Increased ra te s p resen ted by th e M ad�
ison Kali w ay s com pany to th e r a i l �
road com m ise on today.
T h e co m p an y a sk s fo r no defin ite
ra te in crease . I ts d em an d s orc fo r an
increased fare , leav ing th e a m o u n t of
th e incr>tise to th e com m ission . P re s �
en t ra te s ar� 6 c e n ts cash o r 9 tic k e ts
fo r 50 cents.
Member?* o f th e co m m istion cou ld
g iv s no In fo rm atio n a s to th e p ro b �
able d a te fo r a h e a r ng. T he O ctober
on j*ndar is a lread y very ru sh ed an d
it m ay be six w eeks before th e co m �
m ission can co n sid e r th e ap p lica tio n .
E. J . B. S c h u bring, M adison a t t o r �
ney, re p re se n ts th e com pany in th e
ap p lica tio n . T he co m pany lays the
cau se fo r th e dem anded in crease in
fare,* to th e co st of lab o r an d o p e ra �
tion w ith th e " la rg e p av in g o b lig a tio n s
Im posed by th e c ity o f M adison," a s
an added b u rden .
D udley M ontgom ery, v ic e -p re s id e n t
an d H ugh M ontgom ery, se c re ta ry of
th e com pany , signed th e petition .
CLAIM DEFICIT
In u rg in g im m ed ia te relief, th e
co m pany d ec la re s It h a s in cu rred d u r �
ing th e p a s t th re e m o n th s a defic it o f
41 i*.9i>5.55.
"A fte r d ed u c tin g d e p rec ta tio e ae ftg-
.tred by th e com m ission , a ll th e re w as
R A IL CO. GIVES
F I G U R E S TO
SHOW DEFICIT
I ' HE follow ing certified fig �ure* were subm itted by the Madison Railway* com �
pany to the railroad com m ission
today to prove it* contention of
a deficit exceeding $15,000 on o p �
eration* from June 1 to Sept. I t
Total revenue ................$91,076.13
Operating e x p e n s e s
and taxes ................. *4,562.94
Depreciation a* figured
by com m ission ......... MJOOJX
in te rest ......................... 16,466.74
Ba lance fo� in te re s t ,. 513.19
Deficit ............ $15,955.55
TWO BURNED'HEALTH LAW
IN $ 2 0 , 0 0 0 PROGRAM IS
GARAGE F I R E T H R E E F O L D
Mechanic:- Suffer Injury in Dr. C. R. Harper Outline*
Fog Sales Co. Blaze; Dor- l^egiftlaiive Proposal to
en Car* Ruined I* Be* Increase Number of
lief State District*
PHILIPP APPEALS
FOR COAL RELIEF
T E L E G R A M T O P R E S I D E N T U R G E S
F U E L A D M I N I S T R A T O R :
W A R N S O F S U F F E R I N G
PRO TEST SERVICE
At alm ost the sam e moment
that ha received the pstition of
the Madison Railways company
for an increase n rates, Rail-
Road Com m issioner Chairman
Carl Jackson w as confronted
with another petition signed by
200 residents of the East Side
charging tha com pany with
failure in savvies.
Th# com plaint declares "th*
service of th# Madison R ail�
w ays com pany on North street
a nd W innebago street beyond
the C. L. A N. crossing is inad�
equate and insufficient in that
th*ra is no service between the
hours of 8:20 a. rn. and 4 p. rn.
nor after 5:30 p. rn."
A notice of investigation w as
issued by th* com m ission. A
date for public hearing will be
set within 10 days.
F R A N C E A C C E P T S
G E R M A N E N V O Y
P id C K -W ilhelm M ayer v an KAuf-
I tw uron, G erm an arrtba.srador to F rance,
.?resented h is c red e n tia ls to P re s id en t
,M Mecan ! a t th e E lysee palace, th u -*
r - s to r in g th e Uipiomaitio re la tio n s of
Krane* and G erm an y to th* p rew ar
baals.
In pm �enU ng h ts c red en tia ls , th�
a m b a ssa d o r Maid he w ould co n tin u e to
d ev o te h is e ffo rts to th e fav o rab le d e �
ve lopm ent of th e relation** betw een th e
tw o countriesi. w ork ing a long th e lines
of th� tre a ty o f Vertrailles, and he ex-
p reused confidence th a t th� F ren ch
go v ern m en t would aid him.
P re s id e n t M illerand sa id he w as !
p lraeed w ith the se n tim e n t ex p ressed , I
T he policy o f F ra n c e to w ard G erm any , J
lie said, would hi* insp ired by the aam�
idea, becall* the loyal execu tion of (
th e solem n jia r t w hich p u t an end to
th e w ar ie th e only m ean s fo r th e I
p rac tica l so lu tion of the d ifficulties be- t
' Vfwecn the tw o natione.
fly -------------------------
HAUGER V ILLA G E
H AS BIG FIRE
E BAI CLAIR!;- T w e n ty - one b u ild - j
ings, includ ing the M ethodist ch u rch , ,
w ere d estro y ed by tiro w hich sw ept !
m o st of th e little town of W eston, la te '
y e s te rd ay . Aid from M enom onie, j
a c ro ss th e r iv e r finally con tro lled th e i
I tam ce
Fair and continued cool
tonight, with heavy frost.
Friday fair w ith rising tem
o s r a t u r s . Dim inishing
.orthwest, winds.
left av a ilab le fo r in te re s t c h a rg es fc r
til� th re e m o n th s wan $515.19 w hereas
th*- a m o u n t necess.ory to b** se t a s id e
for in te rn e t fa irin g th is period w ar
I IIC.468.74, leav ing a deficit o f l l l , -
j 966.55," eaid the pe tition .
"T h is condition cream * a n e m e r�
gency th a t dem and* im m edia te ac tio n
la n d th e g ra n tin g of an em ergency tat-
. on *eee in ro te s for fa re ."
T h is dem an d fo r im m ed ia te ac tio n
J is m ade by th e com pany, it declare*.,
because o th e r Im p o rtan t item s o f e x �
pense will h ave i� b� m et p re sen tly in
con r e c 'io n w ith paving, re n ta ls of c a rs
. nd - th o r ex p en ses w hich will s till
tu r f in g in c rease th e rtcficiL
Uni��* th� com p an y is g ra n te d th is
I increase p ro m p tly it w arns th a t it will
I not ira alii� to re n d e r reaso n ab ly a d e �
q u a t e se rv ice an d Its solvency will be
J jeo p ard ixed.
M UST B F PE R M A N E N T
T h e In c rease of rn tea th e p e ti te �
d ec la re s m u st be p e rm a n en t a s �n th a t
i >�asia a lone can la s tin g a ss is ta n ce be
? ren d ered
In d u s tria l co n d itio n s re su ltin g from
I th e w ar, la rg e in creases of pay to e ra-
p toyerrmber, Hep re - :
s e n ta tiv e K ahn , C a lifo rn ia , ch o irm an 1
o f th e house m ilita ry affa'r** co m m it- I
I tee, aa�'l today . K a h n s p lan c o rd o n - j
I pla.**# an an n u a l ap p ro p ria tio n of 95 (
.090,090 to help A m erican inv en to r* de- 1
! velop new plan� d es ig n s an d new d* - 1
v ices w hich will m ake a ir trav e l s a fe r :
|a n d m ore p rac tica l. I t w ould � scout-
j a g e both com m erc ia l a n d m iu ta rv
t av ia tio n .
WAR M EASURES
A T END OCT.3I
R O M E -Ita ly will d ec lare the w ar a t
j an end Oct. 31, th e c ab in e t announ led
I today. All m easu re* p u ss tblo will bn
| revoked then, i t wa* announced , and
! th e w ar m in is try will be reduced. Tr.e
J la t te r m ove will re s to re sev era l cool*
! mande* rod h o te ls to th e ir ow nem .
LEGION DEMANDS
AID FOR YANKS
CTLM V E L A N D rT h o ro u g h ln w ;� t.sa �
turn to d e te rm in e th* b lam e fo r th e ai
j ieged fa ilu re of th e fed era l b u re au s fo r i
j s o l d i e r a id to fu n c tio n efficiently, an d
im m edia te s te p * f t . rem ed ia l legm 'a-
tion Is th*- p ro g ram of th e A m erican
. Legion, acco rd in g to F. VV G aJlb raitb ,
Jr., C in c in n a ti, new n a tio n a l corn
m nnder.
I T h e con v en tio n ad jo u rn ed la >t n ig h t, '
j ba t Die ex ecu tive co m m ittee In th e new
. offices w* re to hold a b rie f b u r n e r s
m eeting lodey .
j F ive vice c o m m an d ers w ere e lected
la� follow.1?: Jo h n G. E m ery , G rand
j I .lipids. M icb., T h o m as J . Uoldirigay,
N ew ark. N. J .; K. J . W invlett, R abo-
I Ville, Via.; C. G Fendill, K enosha, and
I J. , Nev.
T he Rev. Jo h n W. Inner, M nntgw n-
1 cry, Ala-, w a s e lected n a tio n a l c h a p �
lain .
F ' 1 IR L o rig in a tin g In th e w orn shop
of th e Fox M otor Bales com pany.
H ast Doty s tre e t, canoed d am ag e
e stim a ted a t > .10.000 sho rtly before
noon t they
a rc too th in , w hen th ey ar�
n ervous, d u ll; lf th ey l ave boo
�ye�, bad tee th , fiat fee t; how to
d e tec t ixtfwsie�, w lm opm g cotigf,.
d ip h th e ria ; w h a t to do lf sen i-
?ary cond!'.ion.-; car? rtv* r ig h t a t
AKsfcooL
Th� Am**rfcan School H ygiene
c/wo "nation w ro te th e booklet,
th e A m�rie ?/> an y r a ren t.
*e th e coupon.. IV p lain ly
F rederic J . I la tk ln , D irector,
Th� W isconsin B tato Joy m a
In fo rm atio n B ureau .
*VashingtoT). D. C
I sneloM h e m w 'ih tw o esntv
In s tam p s fo r re tu rn p o rtag e on
a free copy o f th� booklet "Th�
Behoot C h iid 'ii H eal til."
M I M . . . . . . . . . . . . . . . . . . . . .
^ H R K ri IT E M B w in co m p rise the
leg isla tiv e p ro g ram o f th� stat�
board o f h e a lth d u rin g th� co m �
ing leg isla tiv e session , acco rd in g to a
ta lk by Im. C. A. HVrper, o f th� stat�
board th is m o rn .n y before th� co n �
vention o f s to le h ea lth officers in the
assem b ly * ham bc"
T h e p ro g ram includes
I. A p roposition to in c rease th�
th e n u m b er of h ea lth d is tr ic ts in
th� stat�, of w hich th e re a re now
fir�, to a f least e ig h t o r ten , w ith
fu ll tim� d ep u ty bewith officers in
each.
m. A m ea su re ;bwt every xnuaic- ,
lpu lity of 20,090 o r m orn rn,ast
provid� a full tim* h ea lth officer
wKh full equ ipm en t.
3. A p rop o sitio n to b r in g abou t
ft d iv ision of th e or* ��ut b u reau
of ch ild w elfare and public h*aith
nur* log In to th� tw o dpatio en*�
of ch ild w elforo a n d public h e a lth |
n u rsin g .
D r. H a rp e r u rged u
o rgvalw tion in 1976 w. h �even r ra m �
bers and a s e c re ta ry T oday th� d e �
p a rtm e n t h as a m u ltitu d e o f ac* ive low.
an d em ploys som e 60 perso n s in d e r -
iital w ill lo�
b u ilt iium *di u�L, th e fo u n d a tio n laid
th is flail and tit� in s titu tio n to be
r�v*ly w ith in tw o y ro rs
Dr. G. VV. H enflra, sUi*�rvianr o f Mat�
,� nerval ilhwvue* clinics, declared how
p ita l lx t l i n ie the only w ay so - lea r up
the vc ne re a lly Infected Indiv idual o f
th e irr�Htx>n*ible iype, an d ad vocal �rt
com pulso ry *onfir*'ineTit o f th�-** c h a r-
a� te rs u n til they a re n� lo n g er d in g e r -
oua a� ria tr ie rs .
.T h e g rea te tft am o u n t **f �. rvtr�
.?s," d*c!are*i Dr. Hi *,Ika.
"T h eir follow -up work in d e lin q u e n t
r a m ti especia lly valuabl> They
'roc** th� so u rce o f Irsf* Mon od e n �
d eav o r to hat� o th e r m em bers of th�
fam ily u n d erg o exam in atio n and tr* x t-
ruent lf !� * ?.. ry ."
Mlw* I r 'i iu L udw ig , - 'e la l w " k�r of
lh� Jan* itvMl� clinic, g ive g ra p h ic fl-
i os Ira t lo a a o f wdiat th e Ja n e sv illo
(T u rn to page 8, co lum n 4)
FROST TONIGHT.
THEN W ARM ER
c ru s t tonight, *oh w S E R IE S
" FIX E D "
CHICAGO Th� i v 'f f f lp t t io n in to
ad eq ed baseb a ll erookedneas w ill b�
co n tin u ed d e sp ite K tato 's A tto rney
Mac L ay H v y o e's req urart th a t i t be
hold up u n til he re tu rn s from New
York. TY. W B righam , fo rem an o f lh�
Cook c o u n ty g ra n d Jury conducting
th e probe, an tio itn red h e re today.
" N o tw ith s tan d in g M r. H ujT ie# s t a te �
m ent. th!.* iii vc� t iglu J fin Into crooked
L m ei an will be o n u n u eu oy th is
.grand ju ry ," anil! B rtg b am Hi*hd e igh t
mor** g am b le rs s e r e �aid to Le facing
us) le n ie n t* in conn co lion w ith p la y �
ing iii th� Nail**u�u inague.
i*r�s|d*nt Jo h n i le y d lr r o f th e N a-
t orUil league � o a Lei � � th� g ran d
j i r v an h o u r yu ste ru ay M anager
Jo h n I l i 't l r t w c f th� New York Gin .to
a Ital n u t t e d .
DOUBTS 3ERIE.S FIXED
l ie y d ie r �ald ho w as q u estio n ed rf
gurd iiy t tw o p lay e rs on N a tional league
learns. I i i sa id he hail no evidence
concerning them . H ev d ier wha vchi
m�nt Id >/* 'r t in g M s disbe lie f th a t a*
Ivm pts i ia .e been m ade to "fix" t i e
co rn lre wot i d �ert**�
Mr*l r * a va* instr�cte*i by th� Jury
to app* a r b e fo re it hex! T 'l'-.el v and
uj b rin g w ith him Kr� si T oney, p itc h e r
and Benny K au lf. on I IS �lier. of ib*-
Giants.
Hoyri� a lso � i tc v w - i d o u b t t fiat t '
p lay ers could b. pr'0�e*iul *?d for work
ng a confidence airic.
T he v ir id W b i� Box p lay e rs w ho
�ok a n .ic; to *thruaJ ba.1 * bai I gaci��
th rew liiein aroorril) g to th e ir �nu
rroa
for qu '-stlonliig ,
NA VY DIRIGIBLE
FALLS; FO UR H U R T
I JOF A VG cfi JBK T h - n a r y dlrlgf^-lc
f. V*r a tim e it ap p ea red th ey w ould Ne
lo s t A �iring of boer car* loaded
w ith g ra in w as a lso burned . T b s
S l i ip s i i 1 co tto n r , m ween w a s a b o u t
un� th ird dw trov� *
Th� A nchor V fl'tn g co m p a n y 'a
p lan t a lso w as d am ag ed a n d m s y be
a to ta l Iona
Ti*� Are sprxiid to �4gbt b locks of
b u ild in g m w th e w a te r frorU. Mow*
of th� s t ru c tu re s w ere shacltr- m tjl
sh o e s occupied by negroes an d th�
m o n e ta jy ram* th e re win t o sfigfik
compar?**! w it' � ab i|.p in g H id
w hsjrf dam ag e.
FIGHT TO SAVE SH IP
F ig h tin g flam## board ship** wa*
difficult and *per*ar�ilar. Th� c re w s
w ia-Wed fi*v'�rt*hi> on �JI to
keep th� Ac� from cakehlng tlxe tm-
flaoimabi� carg o es.
Th� PP n a icy alunuaM� a p ie r >4
o>��ton w hich beearn.? a b ias in g maw*.
Kfforto w ere non��1� fra t �ri on a* -
ti'Mi p ts lo sa*� th� Mi ip. G roat c lo u t s
o f � oain arow� from ��� d eck s o f th e
vessel (ut ftreuT i* af i n t ? ? w ere
p layed from every poervt T h e crew
Anally w v d riven off.
MILW AUKEE MAS BLAZE
MILIA 4.1 KWK n r� today et!, I ?- n
dihtori lo bii. rov**lvcr. nt:i
Th� bond I Lh force*! K
**on to d riv e theirs fq
Ik i m o to r car.
wa*.
"Tic-
T-
WTL1MM: i tn n . - And row J. Vol
stead to d ay hold a plk�e on th e r�*
publlcujn s ta te tick�* us nomine** fo r
c o r grea� Iro n oitaKl o f Bar: j
w a lt .i l i* vee*? in ju r ie s t�*
in ; jri* # o f th e o th e r thro-t I
iie iiw ed �w-rioua T ira ftff li I
o f th� . row em--pea t in �
ker lt*?tHi�.
'i ne 1 a* wow to m fro m Ute bag w hen !
th� d .n g ib ie 'ra a h 'y l in to Lh� moil*
ta i l d 'l 6 The. c rew dropp�d 500 lce t I
to tho raXtom of th e canyon . T h e taut. i
which luau a la rg e ho)� r.pp**i in It j
* n w . i t x i i to m fro m to y f a r . co*- *
i-vipN-fC.
Th*) d ir lg lr '.e Ui� ia.*g�at ms It-* |
k ind o� tn e 1'octtic OGAS'-. It was !.
I vat long. -.-.Ii.', a (ktpacUy at 111,900;
FIND BA 1TERE:d
CORPSE ON BEA O f
M tL W A l'K iP J' * � he�** lo a^y
ire axe .lo