Boston Post from Boston, Massachusetts • Page 19

BOSTON POST, MONDAY, MAY 30, 1921 New York Massachusetts Connecticut Combined List of Bonds Legal in these States, just published; of value to trustees, banks, institutions and investors. Ask for Booklet The National City Company Correspondent Offices in over 50 Cities State Street Telephone 8100 Main Bonds Preferred Slocks Acceptances Pulitzer Prize Is Awarded to Post for participating in a get-rich-quick swindle in Montreal. Armed with pictures of Ponzi, a Post reporter had interviewed the arresting officials, the jailor of the prison and some of the victims of liic swindle. They declared that was the Charles Ponzi whose pictures the Post reporter had shown them. I This evidence was placed before Ponzi himself.

He denied it coolly and flatly. He declared if it were published he would take action against the paper at once. The story was printed. Its effect was tremendous. police department enrolled themselves as agents for Ponzi rushed out to Ponzi home for his denial.

He gave it. Continned from I'lrNt Piiiee ANSWERS TO INQUIRIES Each Monday morning in this column inquiries from readers of tha Boston Post regarding all listed stocks and bonds and all unlisted stocks and bonds of New England industrial, public utility, bank and mill companies will be answered. In addition, correspondence and comment on other securities and on various financial topics will be given space whan feasible. All inquiries will be answered in a thoroughly impartial way from the data available, but the Post, while believing the facts and figures to be obtained from trustworthy sources, will not guarantee nor be held responsible for accuracy of the information given. Furthermore, the Post will not in any case give an opinion as to tha probable course of the market or the price of any individual stock or tha reliability of individuals or firms.

in writing to the financial editor, full name and etreet add-eas of inquirer muat be given clearly. Many inquiries do not contain the addreaa, mnd in consequence have not received attention. Address all inquiries to riNANCIAl EDITOR. Boston Boston. Maas.

Gaston, illiams W'igmore Question No. 73,83 you please give me what information you can in regard to Gaston, Williams Wlgmore? it ever pay dividends? What is the highest it has ever been? What are the future prospects, and tell me in outstanding common, of an authorized is.sue of $.53,000,009, and common, of an authorized issue of $70,000,000. Funded, debt of tha company amounts to $10,000,000. Net profit for the year ended Dec. .31.

1920, amounted to $12,987,732. which was i.a- creased to $13,813,836, by adjustment of general whatever you may know about i vaiuation of investments occasioned bv J(. 'V. It. Lynn.

The Gaston. William.s Wlgmore C'ompany, was porated in 1916, under the laws of New York, to take over the business of a corporation of the same title, to conduct a general export and import busi- ne.ss principally between the Tnited States and lOngland and other European and South American countries. The company owns the Globe line, comprising four or five vessels. Company is at the present time In receivership, liabilities amounting to approximately $6,000,000, while assets further acquisitions of stocks of controlled companies, etc. on Doc.

31, 1919. amounted to $16,139,191, which, ad.ied to net income for the year, lo- taliel $29.97.3,028 on Doc. 31, 1920. deduction of dividends there remained a at the end of of $15,369,970. $1.50 per is paid tjuarterly on botli classes of stock, wiiich, on a par value of $.30, is 12 per cent per annum.

Consolidated Textile Question Xo. 73.8.') give me what information you have available in regard to the (Consolidated Textile Com- of stocks in 2.3 subsidiary com-I pany earnings, dividend paid, capitalization and funded debt. How does pror- cnt price compare with the high for tne stock? M. R. Lynn.

Answer Consolidated Textile Corporation was organized under the laws of Delaware In 1919, to carry on the textile business, including manufacturing textiles and fabrics, but primarily to acquire all of the properties, business, assets and good will, and to assume all the liabilities of the Pilot Cotton Mills, N. Williamson Fons, and Ella Manufacturing Company, and later other properties. in November of 1920 control of tlie B. B. U.

Knight. was acquired through the, purchase of the outstanding common stock, which the coniji.iny, in it.s balance sheet of Aug. 14. 1920. carried at $18,4.34.707.

This is one of the largest manufacturers of cotton cloth panies located all over the world. The largest of the.se concerns is Gaston, Williams Wlgmore. steamship owners in Canada. Henry S. Kimball, vice-president of the company, stated that the re.solution for receivership proceedings were asked, inasmuch as the company was without adequate funds to on its business, including salaries of employees and current indebtedness.

and every available means had been used to put. the company on Its feet, but without result. The need of working capital was said to be due to collapse in foreign exchange and decline in food and other products. It was reported that $3,000,000 would be needed. A protective committee was formed in February of this year.

The directors were authorized iate last year to sell all or any part of the stock of any company affiliated with the ncw.s spread all over the city tliat the official seal of I police approval had been placed on Ponzi. And it was close-to 'the truth. Sp'eciilating- in European currency was a novelty. The public had heard of great fortunes made in it. The Ponzi schema was even better on paper.

It could be shown conclusively that a person could buy in Paris or Rome or a hundred other places in PEirope, a coupon in return for which any American postoffice would deliver a tive-cent stamp. This coupon cost less than two cents in American money, due to foreign currency depreciation. Therefore, what couM be easier than to pile up liuge profits, doing it by wholesale? This was the hue that Ponzi held out to his investors and they could see no flaw in it. Neither could the public authorities. WHERE REAL CREDIT BELONGS In giving to the public the inner history of the whole Ponzi affair it must be stated at the outset that the expose of Charles Ponzi was due to the courage and the high sense of a newspaper duty of Mr.

Richard Grozier, the assistant editor and publisher of the Post. Mr. Richard Grozier was, at the time, in complete charge of the paper. His father, Mr. EMwin A.

Grozier, the editor and publisher of the Post, was away from Boston on an extended vacation. Circumstances rendeired it impossible to consult him. It should be stated that Mr. C. B.

Carberry, managing editor of the Post, was also absent at that time. Mr. Richard Grozier was fully aware of the grave danger to a great newspaper property if the allegations concerning Ponzi could not be made good. He had also been duly warned by a leading attorney of the city, that the legal consciiuences wn'e so ominous that only the most extraordinary public service could justify the risk. Several members of the Post organization, men of long experience in the newspaper business, were flatly opposed to the expose because of the legal dangers, and Ponzi himself let it he known that he would act instantlv if any attack was made on his business.

Against these serious factors, only the firm conviction that Ponzi was a swindler and his hnsincss a fraud upon the public could be put. It was one thing to hold the conviction and another thing to prove it. Finally it resolved itself into the firm feeling that despite all the convulsions the world had passed through, the fundamental laws of economics were still ruling finance and they pointed unmistakably to the entirely fraudulent nature of the Ponzi plan. POST TOOK THE RISK Could the Post take the risk of denouncing FMnzi and his financial operations, in the face of tnc many endorsements by supposedly keen men. including public officials, who had presumably given due attention to the laws of finance and concluded that Ponzi had found a way to upset them all Mr.

Richard Grozier decided the Post could and would. 1 le gave the word t(t go the limit in showing to tne public that grandiose financial adventure was a myth and that he was a swindler. Air. (irozier declared that the Post had a public duty to perform; that he was under ohligations as a newspaper man to take the responsibility and he absolved all other members of the organization from it. 'I'ne first step in the investigation of the Ponzi bubble was not reassuring.

A Post reporter called on Ponzi at his home in Lexington. 'I'he young was commimicative and convincing. ilc told of the immense amounts of money that he was making. He dragged out two suit cases crammed full of hills of large denomination. He asserted, and with probable truth, that there was in cash in the case.s and ottered to allow it to he counted as proof.

He asserted that he also had in tne house Jfilierty Bonds of equal amount in value. I he reporter was nalurallv impressed by the huge display of wealrlr. the corporation at any time an advan-j taereous offer was received. On Oct. 31.

throuKhout Rhode Island and Maasa- 1929, the end of the last fiscal year, the combined floor space, in- net assets appi cable to common stock warehottse space, of .3.00 amoun ed to $2,112.27. or per share. present time Capital stock consists of .300.000 shares of no par value, full paid and non-assessable. Company had outstanding 6 per cent notes, wbich were due April 16, 1921, and under the circumstances were evidently not taken care of. reorganization seems to be the onl.v way out of the present affairs, and in tliat event stockholders will be asked to contribute, although under the old company the stock Is non-assessable.

A reorganized company, however, would make this poa.slble. In 1916 on the New York Curb, It sold as high as 70 1-2. JItock was listed on the New York F.xchange in Gctoher of 1916. and the high for that year on the exchange was 51 1-2. every year thereafter making a new low.

In 1920 the low was 1 1-2, and the present market value is about 1 1-2. No dividend is being taid at jtresent, the last payment of 50 cents a share having been made in 1919. A total of $2 per share was paid In 1919, $4 in 1918, $4.25 in 1917, and $2 in 1916. Pan-American Petroleum Question No. you kindly tell roe how much of stock of tlie Mexican Petroleum controls? I notice that there are two classes of Pan-American stock traded Jn.

Is the par value of both the same? is the outstanding capitalization cf both classes of What did the company earn in 1920, and what dividends are being paid? G. T. K. Worcester, Mass. or since the organization of the Pan-American Petroleum and Transport Company there ha.s been acquired of $12,000,000 of the outstanding preferred stock, and $26,455,800 of the $39,110,500 common stock of the Mexican Petroleum Company.

The company is continually adding to its holdings of the capital stocks of the Pldlary companies, and It is expectctl that within short lime it will hold all of the shares outstanding of the Petroleum Company. Tlio Mexican Petroleum Company and its suhsldiaric.s own or control apjiroxiniately acres, or about 930 square miles of land, of which 75 per cent Is in fee. and the balance held under leases extending for the most part over a period of 2s3 yeara, with aggregate annual rentals of less than $20,090. and withotit any royalties or other percentages paid to the lessors. In the latter part of 1920 Mexican Petroleum aequired additional leases on oil lands, and Is constantiy adding to Its acreage.

Mexican Petroleuni ul.so has extensive systems of jiipe Ilrie.s, tank cars, storage facilities, a renncry and a topping plant, In addition to Its ownership in Mexican owns a majority interest in the and common stocks of the Caloric ,30 per of fiie Pan-American Investment ('orporation and the British nm Company, of the outstanding stocks of the Transport Company and Pan-American Company of California. There are two olasses of Pan-American common and common Class both stocks Is the same, $30. 'I'hi 1-; solUlated Textile has 802.911 shares of stock outstanding, of an authorized ig- f.f l.OOO.tKX) of no pur value. Funded debt out.standing con.si.sts of $2,868,000 three-year 7 per cent sinking convertible debenture notes, Apr.l 1, 1923, $7,300,000 B. R.

Knight, first mortgage 7 per cent bonds, duo Kept. 1. 1930. ('onsolidated Textile controls and operates cotton mills witli 730,000 sphtdles, i print works with 43.0(io,000 yards annual capacity, and 70,000,000 yard bleachcry. In addition to $7,.300,000 bonds of the B.

B. R. Knight this comitany also has in the hands of the public $2,500,000 8 per cent preferred. Tn Consolidated Textile earned $1.81 a on its 802,911 shares outstanding, in spite of heav.v inventory charge-offs, and without benefit from the Knight tiroperties. Average of ('Consolidated Textile during 1917-1919 over $2 a share.

market value of Consolidated Textile common is $13.200,000. After deducting net quick a.s- sets. the market valuation for its plants at (he preaent time is or slightl.v under $31 per spindle. Consolidated Textile had been paying quarterly dividends of 73 cents a share, $3 per annum, but on March 28 of this year the directors passed the quarterly dividend due 1.3, so that at the present time 110 dividends are being liaid. price of around 19 with a high this year of 21 in and a high in 1920 of 46 1-4, an.I low of 16.

to pubi ARE YOU GETTINO FULL VALUE Parhapa your urlty holillngH rhangnO, auae of unuanat yield much than they are now giving. Our tlriie Aak ahout Plan 3K. POND OORflPANY III navonahira Ml, Boatnn Mata. EXERCISES IN SOUTH BOSTON Square Dedicated in Memory of Dead Aviator The square at the juneflon of street and Columbia road, Kouth Boston, facing entrance to the Boston Yacht Club, was dedicated yesterday tn honor Winterton, who was kllleu in Texas during his service with an aviation corps. The were held tinder the flircction of the Thomas I'itzgerald of Foreign Wars, as- by the Hoaloti Yaclit Club.

Winterton was the only mem- of the yacht club killed during the war. F. Wallace, commander of the Fitzgerald ihtst ttrcsiiled at the excr- ciscH. 'J'he opening prayer was of fcred Jiy llic Russell pastor of the Church of the Re- dccuKT. the siteakers were J' ,1.

McMahon, M. Curley, W'illlum C. Healey. The square was ac- by city through Coutndllor T. con- with the of and a volley, Soviets About to Lease Factories to Owners 29 -TJic ftusBlau Kovlet government, ai cnrding to I aching here, haa to arrange for tho of all tlte big factories In the Huatlun domain their formi'r The taking of this not been onicialiy confirmed.

CAMPAIGN LAUNCHED lii.s report, however, orders were issued to launch the ilh the puhlicalion of the first storv in the Post a slorni hurst oil the head of the paper. Letters of protest to pour into the office. Ponzi, with his keen sense of puhlicity asserted that the Post was merely the dupe of Slate street hankers, jealous of his success at their expense. He hlilhcly oftered all investors a chance to take their money ont and proved that he had several millions in cash to nieet demands. PONZI WON FIRST ROUND It as well he admitted that Ponzi won the first round.

Despite the first stories in the he managed to halt the run on office. He did reassure a good many investors and actually succeeded in getting some new ones. He also made an impression on some of the other ncwspajjcrs. He managed to get some very jtlansihle endorsements of his scheme printed and his rcmarkalily personality won manv newspaper men to his side. Unwittingly, they gave him valuable assistance.

Meanwhile the Post was training heavy guns on the Ponzi fortress. A notable interview in the by Clarence Barron tore the Ponzi finance to shreds, hut countered by filing a suit for against IMr. Barron and nov attaching his jjroperty. He roared loudly of by great financial interests working the and agitin the public seemed to veer to his side. d'he had other ammunition in its locker.

Its Pans correspondent made an investigation in France and found that there were no extensive dealings in reply postal coupons through the French postofficc. 'Hien the headquarters of the postal league in vSwitzcrland, the issuing office of all postal reply for reported that only a few thousand worth had been issued during the six months precccding. Aw investigation by the Post in Washington revealed the f.act that not more than $10,000 worth had been redeemed in the whole CONTRADICTED CLAIMS These facts showed conclusively that Ponzi was not making any money out of postal reply coupons, which, he had asserted, were the basis of his scheme. This evidence was too powerful for Ponzi to brush aside. He could not dispute the facts gathered by tnc Post, but he ingeniously created a new mysterv by hinting darkly that the postal reply coupon was a mere hiind to prevent from prying more deeply into his real money-making scheme.

At this stage of tlie proceedings the lionors were even. ready tongue had nullified tlic force of the allegations against him. He was still the local hero, greeted by cheering crowds on the streets. He appeared in front of the Post building where his devoted ad- hcrnits gave groans for the His armor was a hit dented hut liis confidence remained. He had readily agreed to the suggestion of District Attorney that he refrain from taking in any more cash until an audit had been made of his books and meanwhile to return ca.sh to all investors who demanded it.

Finally he stopped the run. more investors appeared to demand their money and the outlook was again rosy. Word was passed around the city that the district experts liad found Ponzi solvent and his schenu; ()ne of the afternoon newspapers printed a story quoting Pride as declaring that Ponzi had won and was fresh wave of confidence in him resulted. 'Phis was the darkest hour for tne Post crnsadc and might well have warranted the dr(jpping of the campaign. But instructions were given to push it harder than before.

Then came the blow that burst the hnhhle and destroyed all the air castles he Had built up in the minds of the public. THE PRISON EPISODE Then he read the story again with all its impressive marshalling of the evidence that he was the man concerned. He realized he could not back up his denial. Then he called the reporters again and formally the story was correct. He also admitted he had served a term in the federal prison at Atlanta for smuggling aliens across the Candian border.

That ended his hold upon the public. The run on his office started again in earnest. His arrest followed and the authorities took possession of his affairs. I-ater came the report of the auditor that he was hopelessly insolvent. The claim that he had no scheme for making nioney, except the old-time one of robbing Peter to pay Paul, was indicatcd.

When the supply of credulous Peters ran out he could not pay the early bird Pauls. More than $8,000,000 had passed through hands as far as an incomplete survey of his affairs could prove. Some of the authorities put his total operations as high as $14,000,000. It is possible that about 25 per cent of the amount due investors can be salvaged from the wreck. RESULTS OF PONZPS OPERATIONS The indirect consequences of operations were far reaching.

In his fall he dragged down the Hanover Trust Company, of.which he was a director. It is that the grave situation in hanking circles which led to the closing of five large banks was due in no small measure to the Ponzi operations. Had he not been exposed at the moment he was, there is almost no limit to the extent to which the people might have been victimized. His fame was spreading like wildfire. He had started to operate in other States.

He boasted that on the day the Post expose started he had taken in a million dollars. He had succeeded in convincing a large portion of the public that at last they could get something for nothing. 'i'hiis it can he seen that the Post performed the liighe.st possible act of public service in exposing the most spectacular swindler of. modern times. The feels under deep obligation to Mr.

Robert Lincoln editor of the Boston Herald, and one of the members of the advisory hoard of the Pulitzer Foundation, wlio very generously and frankly pressed the claims of the Post for the award, though his own newspaper was a comnetitor. Mr. was thoroughly conversant with the great difficulties which confronted the in its crusade. Mr. Solomon B.

Griffin, the. managing editor of the Springfield Republican, also a member of the com- mttce, interested himself in the claims of the Post for the dis- ingLiished honor, and the Post is indebted to him for effective approval. If we can also he pardoned a personal word Ihe Post staff is proud of the high measure of approval that 'las been given the work on the Ponzi case and takes an added Icasure in the fact That the courage and finei sense of newspaper lonor of Mr. Richard Grozier. who stuck to his guns when the mtlook was dark indeed, have been so splendidly vindicated.

Air. Richard Grozier dcisires the following statement to he added to the above storx'; Mr. Richard Grozier, assistant 'editor and publisher of the Boston Post, who was in charge of the paper during the Ponzi exposure, states that he had merely been carrying out the general instructions which had been given to himjjy his chief, and publisher, his father, Mr. Kdwin A. Grozier, and that he had had no doiiht what his duty was in the premiseis.

At the same time he wished to state that it would have been utterly impossible to have apprehended the swindler had it not been for the loyal work of the editors and reporters of the Post, who sun- portcii him at every point and especially in securing evidence of onzi past career in Montreal and elsewhere which pricked the hiihhle and exposed the fraud. GEN. PORTER DIES IN HIS 85THJEAR Noted as Soldier, Diplomat, Scholar and Patriot NEW YORK, May General Horace Porter, last survivor of General military staff and former ambassador to France, died early today in his eighty-fifth year. Pulitzer Prize Awards Officially Announced Cl exposure of tlic Ui.irlcs tonz, scheme of qiirck caUh is considered Cohimbi-i the most d.st.nguishod and meritorio.fs puhlic serm'e rendered by any Amencan ficwspapcr the past year Becanse the Pnlitzer prize in a medal costing has been awarded to that gold GEN. CAREER He accompanied Grant to Appomattox and was with his chief when Grant and discussed the terms of the surrender.

After the war, when Grant served as Secretary of War, General acted as his assistant. When Grant liecame President, General Porter accomjianied him to the White House as executive secretary and remained during the first ternv of office. When Grant died, it was General Porter who organized the popular subscrlp- t'on that yielded $600,000 and built tomb in New York City. Altogether, General Porter spent 30 years in public service as a soldier, cliplomar, scholar and patriot. A Congressional Medal of Honor was awarded Itim for distinguished services in the Civil war.

The Grand Cross of the Legion of Honci from France testified to his services as ambassador at Paris. He received the degree of B. from Harvard, Princeton, Fnion and Williams, Born at Huntingdon. April 15. 1837.

the son of a governor of Pennsylvania, he studied at Harvard and at West and graduated into the regular army. He fought, in turn, with the armies of the Ohio, the Cumberland, and the Potomac. He won six Itrevets for bravery on many battlefields. At Chattanooga his bravery attracted the attention of General Grant, who selected him as a member of his stalf and kept him by his during the of the war. Fine Railroad Executive General Porter was by profession a railroad man.

At 36 years of age he resigned from the army and became vic.e-president of the Pullman 00m- nany. Later he was president of the New York, West Shore Buffalo, and the St. Louis San Francisco railroads. During his business career of 24 years he was director in 14 railroad companies and financial institutions. General Porter again entered public life at the age of 60.

President McKinley appointed him ambassador to France in 1897 and he remained at that post for eight years. He became one of the most distinguished of the diplomatic corps in Paris, serving country during the period of war witli Spain. His term also embraced the assembling of the Peace Commis- mission which signed a second Treaty of on the same table upon which Franklin and his colleagues, after the Revolution, signed the first Treaty of Paris. said General Porter at one time, not the science of representing the broadest falsehood with the straightest face, nor should the word carry with it the demeaning idea of craftiness, as many of our dictionaries define it. The profession has risen to a higher General Porter closed his career as an earnest advocate of universal peace.

At the age of 70 he represented the Fnited States at the second peace conference at The Hague. He married in 1863 Sophie K. McHarg of N. who died in 1903. They had two children.

General Porter possessed rare gifts as an orator and after-dinner speaker. His wit and the brilliancy and felicity liis public speeches ranked him among (lie foremost speakers of the country. is mechanical tastes and power of invention were marked. He invented the ticket box in use on all elevated railroads and most of the ferries in this country. An interior mechanism mutilates the tickets they are dropped into it.

making their reuse impossible. the stars and stripes were entwined with the tri-color of France. As the great proceision passed through the streets heads were uncov. ered when the casket came In covered with the be.autiful flag sent across by the late Mrs. Donald McLean, then head of the Haughters o1 the American Revolution, and to which the local Paul Jones Chapter contributed.

To Rear Admiral Sigsbee fell the honor to receive the body and convey It across the sea on the Brooklyn, which he commanded at the time. Hi said at Annapolis "It will remembered that th-r body of a naval officer was discovered through the tlative and efforts of a graduate ol West Point. The army and naVy ol the United States therefore come together In a patriotic and fraternal sentiment on this occasion. General Porter may be assured of our appreciation of his labors shared by the whole service which he has so Those who were privileged to be present at Annapolis in 1906 will never forget the Impressiveness of the ceremonies in the big armory fringed with the cadets at attention. The late Theodore Roosevelt, then President, sided.

Ambassador Porter was chief speaker and others taking part were the French ambassador. 2(1. serand, former Secr-stary of the Navy Bonaparte and the late Governor Warfield of Maryland. There were 10,000 present General name will be revered wherever patriotic men and women value such service and distinguished achievements and so unselfishly. TR had a gracious ard a character well worthy of emulation.

Hi gracefully refused reimbursement by Congress for the great expense he incurred in connection with the Jones achievement. Adverl issment. INEXPENSIVE DRINK MADE AT HDME Delicious Orangeade Made At Home For Few Cents An Orangeade Paste has beer perfected Miss Emma Curtis that saves all the trouble ol mixing home drinks. Just add tcaspoonful ol Niaking Omngeade this Orangeade at Home at Small Cost Paste to a glass of water and you have a real orangeade, the concentrated flavor of the oranges. One twenty-five cent can makes half gallon of orangeade, anc perfectly delicious.

The just love it, and it is so inexpensive you can give it to them anj time. Get Miss Orangeade Paste today and have it ready for any For sale by S. Pierce Cobb, Bates Yerxa Rhodes Bros. The Gintet Co, Manhattan Market Co. and all good grocers everyvvliere.

If yout grocer is sold out, two 50c size cans (enough for 10 quarts) will he sent you postpaid sending $1.00 to Miss Emma E. Curtis, Melrose Mass. ACHINO AND Louis, for lus uitcrvievx wiih former Wilson ilishcd 111 the ork World la.st liiiie. "non. One thousand dollars aivarded kiditii Wharton for her ovel, Ihe of which the prize coniinitlce considered the I.est American novel pnblishcil dnrint; the vear nrc- senting the wholesome atmosphere of American 111 and the highest standards of nianner.s and manliood For the original American plav, pcrformeid in York which best pre.sents the educational value aiul power of the stage raising the standard of good morals, good taste and go(5cl manncr.s, $1000 was awarded to Liilu by Zoiia vjaie.

For the best book of the vcar on the history of the ITiitcd States, a prize of $2000 was awarded to ictory at Rear Admiral William Sowdcn Sims in collaboration with Burton J. Hendrick, Americanization of Ivdward by Ivlward Bok was given a prize of $1000 as the best American hiouranhv teaching p.atriotic and iinseltish services to the nation and a't the s.ame time, ilkistcating an cinincnt example. i' by the will of the late Joseph I itzer, one of the foremost figures in American jonrnalism and were intended to inspire wnitcrs to perVmm The in the course of an extended investigation, had found that one had served a term in a Canadian prison CIRCUS IN CITY CROWD MAGNET Sells Floto Troupe to Parade Tomorrow and to (ho seem worth whilo to nif-n- tlon (ho uu.spicluus fact that the St llu- l-'lcto Circus floate.1 Into the Huntington uvt-nue ball grounds yesterday, about everybody in that had two and a thin dime. It seeniod, on hand to watch the tents go up and the animals roll In. Gnfc fellow by the gate, and that was Jupe hung around all moining and afternoon, and whf-n ha did start to trickle down, youngster between age of and eighty had seen about ail there was to see.

'Jhat animal tent was not only tlie centre of attraction but also of gravitation. The canvas sldea ware worn fra.v«‘d at niglitfall, curiosity of a good part of the human race mat moved human iiv risking lift, and death to lift the lust once to a peak at ttie blood Rhino, or tin- trick seals or I star Lven the peace and serenity of town the was disturbed by youngsters who couldn wait until tomorrow to in war paint, or the skinny man in his iiink tights. As of the men put It, the children learned about than thev know' yet. The i-lrcuH folks were much disap- I pointed to that there would I be no street parade today, in Imm.r of Day they ealhd off the pavement jiut Tuesday wait until Tuesday. Then there will a that is going to hetit very- Ililng and make up for today.

ll lie a brass hand, a whole menagerie, gang of the star performers and everything in line. I TENoenNtss. ROOT ELAT CORN-- eOET CORN DECR callous ODOROUS SWEATIN8 SORc'isUNION I ENDS FOOT MISERY Cal-o-cidi positively gives quick relief and lasting results. It penetrates the pores and removes the cause. (Plasters in each package for Stubborn Corns) 8 mUiflo Sold All DniWiiu FOOT REMEDY Cal'O'cide BEST IN THE WORLD IN HOLLAND SYSTEM ALL.TIN CONTAINERS, SEALED IN OUR OWN ROASTING PLANT FOR YOUR PROTECTION.

A TRIBUTE TO HORACE PORTER By Marion Howard Brazier To the late General Horace belonged the unique di.stinction of hav- ing added to our national monuments the one to our illustrious soldier, Ulysses Grant, which stands on the banks i of the Hudson; the other to the great! naval hero. John Paul Jones, which is to keep alive among the students at Annapolis the memory of a brave and brilliant sailor. It was General Porter who aroused patriotic enthusiasm toward the erection of a tomb and placing therein the remains of General (Jrant, and he was the orator on the occasion of the dedication of this shrine. Tn the handsome hapel at the Naval Academy the re- mains of Paul Jones lie. thanks wholly to the work of this lamented citizen- soldier.

General Porter spent six years and over $.35.000 of his personal fortune in the effort to locate, identify and restore to the remains of Paul Jones, which had remained in French soli 113 years with no rational or Individual effort to recover them, until the National Society Daughters of the American Ft(-voIution and the Sons (of was distinguished head) took the Initiative. Gt-neral was chosen ambassar dor to I-'rance and took there to oup sister republic the same enthusiasm, loyalty and dfgnlty that characterized him here. He remembered well the story of Jones and of his unmarked grave, so with diplomatic tact he secured the consent of 1-rench olticials, all of w'hom had the greatest admiration for him. On 6, 190G, there was enacted in Paris a scene never to be forgotten by thousands who out en masse. It was of International import and the name of Horace Porter and Paul were on all lips.

sailors and l-'icnch soldiers inarched together and COFFEE AND TEA From Tea (oirdens t-elebrnte tiirougliout the for tli iiroiiiu and delicioi flavor of their A your 1101,1 FAK K.AKT TK.A. COCOA UOSTO? M.AHH. a Oriental Cream Peplum blouses of Canton crepe are embroidered In geometrical cleaigns. The narrow patent leather belt Is worn with the straight chemise frock. Eyes Strained? If your eyea are work-strained or tired; if your vision is dim of I blurred; if it bothers you to read: I if your eyes burn or itch or ache; if I YOU wear glasses, get a bottle of i Bon-Opto tablets from your drug- 1 gist, dissolve one in a fourth of a glass of water and use from two to I four times a day to bathe the eyes.

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