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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
May 16, 1922
Page
6
In a May talk from Charlestown West Virginia the testimony of Albert Gore a 22 year old school teacher described miners marching in former Blair Mountain tensions. A miner told Gore they sought to force Gov. Morgan to null martial law in Mingo county and to hang him. Gore is the son of Deputy Sheriff Gore killed in the Blair Mountain fighting.
A daytime blaze at the Tidewater Oil plant in Bayonne New Jersey damaged ten large gasoline tanks and thousands of barrels of fuel oil valued at 1.5 million dollars. About 300 workers and several city fire units battled the flames overnight preventing total destruction amid shifting winds. One firefighter was seriously injured and others burned as crews fought high risk conditions and the threat of explosions.
Exchange Club notes a return to prosperity with a push to lower costs and hire workers. Signs point to a revived demand for labor and a full day's work for fair wages as extravagant spending wanes and inventories are reduced.
In brief remarks a plan for government owned railroads with equal director representation is described. Union leaders back the plan and claim large support while railroad executives and workers’ groups join the advocacy.
At Genoa a Russian claim and Japan clash over a truce with Britain and France pressing for The Hague talks. Tchitcherin insists on German and Polish representation. America rejects The Hague invite, while Lloyd George weighs a general election amid uncertainty.
Prices for butter eggs cheese poultry tomatoes and potatoes listed with units and ranges. Items include butter 29 40 per lb prints 40 per lb eggs 29 1 2 cents per dozen, cheese York State 22 1 2 to 25 1 2 cents per lb, heavy fowls 26 27 cents per lb, tomatoes 3 to 4 dollars per crate, potatoes 1 56 per sack, sweet potatoes 1.15 to 1.25 per ham.
The New York market opened steady with gains for Lackawanna Steel and Crucible Steel while U S Steel eased. Reading and Baldwin showed mixed moves as Trans-Continental Oil fell, and Chicago grains and Cleveland livestock markets reflected firm demand and higher prices.
Washington critics press to remove Prohibition Commissioner Haynes amid accusations of mischief and propaganda. The item notes congressional scrutiny and related political tensions in Washington.
Residents watched as a helmeted flyer fled into a waiting car after a dramatic air display near McCall. The incident drew a large crowd around the cockpit, with officials noting the costly aircraft and motor car involved. Investigators seek the mastermind behind the invasion plot and the aviation operation.
In St Louis on May 16 two bandits robbed a Bremen Bank messenger after a downtown draw. They shot Henry Ahring the 43 year old guard in the forehead and seized a $2000 bundle. The pair forced the street car to stop and escaped in a waiting car.
T J Newhill of the National Dairy Council Chicago spoke on Food in Relation to Business Efficiency. He said food drives health mood and business capacity, naming milk butter vegetables yolks of eggs and animal glands as best. He declared white bread, as currently made, has no place on the table.
Millions of hand bills bearing propaganda for Chang Tso Lin defeated Chinese war lord who proclaimed Manchuria independence were distributed in Tokyo. An organization of Chang supporters formed and it is believed Japanese business interests in Manchuria back the movement.
Liberty bonds in New York on May 16 show closing prices for various issues. Notes include $3 1-25 at 99.24, first 45 at 90.70, first 4 1-43 at 99.80, second 4 1-45 at 99.58, third 4 1-45 at 89.92, fourth 4 4s at 99.86, victory 3 3-45 at 100.02, and victory 4 3-48 totaling 400 682.
The stock market ended irregularly while government bonds held steady. Railroad and other bonds showed irregular pricing, signaling mixed demand across sectors.
Bethlehem Steel Corporation will spend 15 to 25 million dollars to acquire the Lackawanna properties. The deal merges Lackawanna assets including 35 million dollars in stock and debt assumptions, expanding Bethlehem’s capacity by two thirds and adding new production lines. Moses Taylor, Lackawanna director chair, to help direct unfalidated companies. The purchase will be presented to Bethlehem stockholders for consideration.
The conference begins afternoon sessions to finish work on schedule time. At opening today only nine legislative measures had been acted on, while 94 remained on the calendar.
Stocks and bonds traded in New York totaled 1 006 000 shares with bonds valued at 145 292 0600 dollars.
The United States Chamber of Commerce announced today the new $2,500,000 home will be built on the open shop plan, an action seen as defying organized labor. The cornerstone is to be laid this afternoon.
General Wu Pei Fu dispatches messengers to Yen Hsi Shan, governor of Shansi, for reform ideas. Yen, in office since 1911, champions provincial rights, mass education, reduced standing army, and funding of development through provincial assemblies.
At the United States chamber of commerce convention in Washington on May 16 Joseph H. Defres, president of the National chamber, called for closer U S and European business ties to overcome Europe's industrial and economic chaos, saying conditions are improving and a revival of business confidence is near.
In Harrisburg on May 16 the Pennsylvania primary begins with factions debating whether women voters can topple the Penrose alliance and lift Gifford Pinchot toward the governor’s chair. Old-line leaders doubt a Pinchot rally by women can defeat Attorney General Alteer in the statewide contest.
Republican leaders debate state wide turnout and city margins as Pinchot and Alter claim leads in key counties. Pinchot argues for a Roosevelt square deal while Alter backers foresee strong Philadelphia support and a sizable statewide margin. Democratic observers call both forecasts optimistic and expect a tight finish with Pepper awaiting results.
William J. Burke pits Pepper against Alter and Pinchot in a Philadelphia era race. Burke warns Pepper may win with broad appeal from Alter and Pinchot followers while opposing soldiers bonuses and Newberry’s unseating. He also attacks Pepper on labor votes, claiming endorsements by big business.
Kenosha Wisconsin testimony from a mother praising Lydia E Pinkham’s Vegetable Compound for postnatal and female troubles. She claims it helped after childbirth and urges other women to try it, noting decades of use and endorsements from mothers and grandmothers.
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