Indianapolis Times, Volume 35, Number 243, Indianapolis, Marion County, 22 February 1924 — Page 11
FRIDAY, FEB. 22, 11U4
U. S. COMMISSION IS SOLVING EUROPE’S KNOTTY PROBLEM ? ' By MILTON BRONNER Copyright, 1924, by NEA Service, Inc. PARIS, Feb. 22. —Thanks to the Americans on the reparations commission the latest conference on the subject will be a thumping success or result in a tremendous bust-up, in which the Americans will tell the world the French don't really want a set-
tlement. Chances at prepent are all for success because the French are eager to settle and they also are more tolerant flue to the fact the franc is still despite all efforts to stabilize it. They realize now maybe the Germans didn’t want the mark to go to pieces either. In American work Gen. Charles G. Dawes has been the picturesque figure. but Owen Young has been the real power by reason of his keen business sense and driving force. Weary of Conferences The Americans have realized the Europeans had attended sixteen such conferences, were weary of them, had dis cursed the same subjects over and over, and ail had fixed opinions. Contrary to reports which have been published. I am able to state the present conference has so far not tackled the amount of reparations Germany should pay. the number of years In which to pay. a moratorium, nor any'of the old chestnuts. The American method" was to start afresh by seeking the subject on which It was possible for all to agree. Therefore, the first topic taken up was that of currency. AH agreed Germany Vprinie need was stable currency. Stable currency meant a gold basis. Stable currency also meant a stable ventral" hank of Issue. A stable honk mefent one controlled from outside of Germany, so It would be removed from German internecine political quarrels. Payments in Money It was also agreed Germany must balance Its budget. To do this it must revamp its entire taxation scheme and impose heavy taxes which would reach all classes. Such taxation \H)uld not I only provide for all governmental needs but it would leave a balance out ! of which payments to allies could be !
gin. Such payments would not be in kind but in money. To get the best value out of this, money would have to be spent in Germany by allies purchasing things which they moat needed and which would not come into competition products. For instance. France has a great scheme for installation of hydro-elec-tric power stations. France doesn't manufacture such stations, and Ger many could supply them A practical agreement has ’been reached on these topics by all inelud ing the Germans. Tt is not true the final report is being written and that the subjects of payments and moratorium are being invknded. f .-- * - The crucial period is coming in
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about a week or ten days when the committee reassembles for the first
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CLEARANCE SALE Bull Durham. ......s for lOc SHOES, ETC. 29c Per Dozen. Officer Shoes 83.95 Sbeppgfcin Coats, special Work Shoes *1 Oft today 18.95 High Top Shoe* 16.89 w Mens R!hb*d Irion Suits . 9Rf> visrmiwnri Mens chins and Drawers .. §<* MISCELLANEOUS Mens Fleeced Union Suite. 81.19 Khaki Coverall* SI.9R BLANKETS ! Fancy Scarfs .98c O. D. Wool Blanket* 82.95 Blue Flannel Shirts 81. Oft Large Wool, English . 82.95 I O. D. Wool Shirt* 82.48 Watch Oor Saturday Sped*)* (iI’AR.4NTEED VALUES. QUICK SEKVICP. COURTEOUS TREATMENT. UNDERSELLING STORES 3 W. Maryland St. 14 S. Capitol. IS W. Maryland St. Headquarter* for Army awd Navy Oomie. Open Saturday Brae TUI 9 O’ClorU.
time. The real controversial subjects will then come up. The Americans are prepared then to ask what the allies really want—destruction of Germany so it won’t ever be a military menace or a reconstitution of Germany so it can be economically sound and pay reparations. The allies can’t have it both ways. If they want payments then this will involve allowing Germany to be an economic whole. This means reopening of the Ruhr question and Rhineland. If the allies follow the American lead an agreement will be reached which will mean at last Germany will get to work and pay. If not, the Americans expect to tell why they failed. Such an agreemesnt would proba
TELL UsDjlAln AFOLife TIMES
bly involve the loan of American money in which cas e it would be provided this loan would have precedence over allies’ claims. The commission will soon complete j its report on the flight of German j capital and will give a figure which ! will be very close .to exact. It wifikj be smaller than the French claimed and larger than the Germans ad- j mittetl. It shows Americans were the prize
THE BIG SALE Ladies' New Creased BOYS’ SHOES^^J^ CHILPS L A9f_ CR LADIES’ BLACK OR BROWN OXFORDS New DRESS SHOES at BIG SAVINGS t c”P , ■ “ J . . ‘c” ■■ I ts &
boobs of the world investing dollars in falling German currency. The commission probably won’t recommend of seizure or legislation. Its members think the best way to get German capital back to Germany ig to produce stable business conditions in Germany which will induce capital to go back of Its own accord.
MAN EVADES BROTHER Ex-Soldier Kseaprs While On Way to Marion Hospital. ! Police searched today for Porltusi | Harrington, ?5. He has brOwn hair
TOMORROW IS THE LAST BIG DAY i of the, BIG SALE OF THE ENTIRE STOCK OF THE DAILY BARGAIN HOUSEtAND ' OUR OWN SURPLUS STOCK OF WINTER MERCHANDISE
TOMORROWS SALE Specials for Women Ladies’ Cot'on Hose, ii Pair IIC Ladies’ Sweaters, £i £A special SI.DU LADIES’ DRESSES One lot of 75 Ladies’ Dresses, regular values to $12.00 <?o.f D Ladies’ Union Suits, no regular SI.OO values. OOC Ladies’ Fibre Silk rn Hose, special, pair... jUC Boys* Wear Boys' Pants, all good dark patterns, Si nn special <pI.UU Boys’ Two-Pants Lined Suits, *’*?!“ $5.65 ALL BOYS’ WINTER OVERCOATS 1/2 Price Geiger's Candies —Chocolate* and mixed, | A pound I*/C 2 pounds for 35*
FOR THE LADIES Original Ma.b Jong* Sets in cabinet* with separate drawers for tiles. While ♦q or they lav^O.OD
and eyes, snd a Blende face and wore a dark suit, broWn fWt hat, brown shoes, white and red tie and soft collar. J. B. Harrington of St. Paul, Minn., his brother, called upon the police for
Even though the time is short, the values are atilt phenomenal. No one can afford to miss taking advantage of this sale —the moat extraordinary money-saving opportunity offered In a long time. This sale includes women’s and girls’ wear, as well as men’s and beys’ wear. A TIME LIMIT SAI F OF TIMELY ITEMS Special From 8 to 9 A. M. 100 Pair of Moo's Regular $1.29 Over- i*p alls bsc Special From 8 to 10 A. M. 200 Ladies' Trimmed Hate. Values up to SIO.OO bUc Special From 10 A. M. to 12 M. 30 Bungalow Aprons. Regular SI.OO values . . i ■ DvC Special From 12 M. Till 2 P. M. 75 Ladies’ Black Sateen and Gingham Hou6f>dresses. Regular $2.00 values ...1 iI.UU
©aniels Where Washington Crosses Delaware
aid after Portius Harrington escaped him at the t’nion Station. The twa were on their way to the Government sanitarium for disabled soldiers at Marion. Ind., where Portius was t be a patient.
TOMORROW'S SALE Specials for Men NEW ENGLISH BROADCLOTH SHIRTS (Neckband Style) These are exceptionally well tailored; cut full; in tan. gray or white. Sizes 14 to !L BP *. $1.79 Men’e Mercerized Pongee, Collar Attached Shirt*; regular $1.29 values; qij sizes 14 to 17 Os C Arrow and E. A W, Brand Cellars. £ Special DC Men’* Hose, a* epeeiti ...3/C Men’* Garter*, £ regular 15c value DC •5 Men’* Hats; value* to. $5.00; broken At ci/v sizes .Special Men's Wool Cap*, aa aJI good patterns. 31.UU Fleece Lined Union Suite, special .. . f I*UU Men’e Work di ah Fanta Dl.y/ Men’s Brown. Green and Black 4-Pocket Cotton Sport Sweater*; a* ia sizes 36 to 46
Men’s Suits and Overcoats Price Over 2.000 Gax- _____ ments to select "_J from. j &10.50 values. I I Regular . „ Lj3 >33 85 $1C.50 values . I*= re ___
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