Richmond Palladium (Daily), Volume 46, Number 234, 12 August 1921 — Page 14

PAGE FOURTEEN

THE RICHMOND PALLADIUM AND SUN-TELEGRAM, RICHMOND, IND., FRIDAY, AUGUST 12, 1921.

CANCELLING INTEREST ON EUROPEAN DEBT

FAVORED BY STRONG WASHINGTON, Aug. 12. American producers jnay be forced to urge can- . cellatlon of interest charges on allied government debts to the United States, Governor. Strong, of the New York federal reserve bank, told a joint congressional commission Thursday, In concluding a prolonged defense he has made before It of the reserve's system of operations. Governor Strong expressed no direct opinion of the proposed cancellation, but declared that the economic

structure of the country depended up

on foreign marketing of surplus raw

material, that extension of further

credits to "foreign buyers would not

help, and that foreign exchange quo

tations, which necessarily were influenced by German reparations pay

ments, had further complicated diffi

culties of American exporters. Cress Purpose Impossible. "The international payment of a given sum in dollars to the United States can not be used both to reduce debt3 and interest, and at the same time buy goods, he said. "Isn't it of greater advantage to the United States that the purchasing power Europe is able to develop be used to consume surplus American goods, rather than to pay interest on debts? This is a question of policy for congress, with which I have no connection or concern, but I am going to ask you to consider it in connection with the fact that our export market for farming products is of the greatest importance." Question Reult. Members of the commission pressed Governor Strong to give his opinion of

the result in case debts and interest

on foreign government loans shouM be collected, but he replied that while "there will be a natural result, it is not necessary to discuss it."

Farmers may be provided with bet

ter credit facilities, he suggested, by

extension of the federal reserve system to include county banks and by a system of nine-month to two-year leases through land banks, with partial rediscount privileges, but he emphasized the importance of the foreign market. Governor Strong concluded with a parting shot at critics of the reserve system's operation.

WHAT A DIFFERENCE A MONTH CAN MAKE I

lit i ,-

i 1 1 i&r

Frank EL Schwarz. A month ago Frank H. Schwarz was asked by his landlord to seek new quarters because of inability to pay his rent. Then Schwarz's painting "A Tribute to Heroism," won him a three-year fellowship of the American Academy at Rome. In addition to the free instruction he will receive $1000 a year. Now he is taking a summer course i.i painting under the auspices of the Tiffany foundation for artists and stiying at Oyster Bay. L. L

JAZZ' LOWERS TASTE,

SAYS SCHOOL HEAD

(By Associated Press) STATE COLLEGE. Pa., Aug. 12. "Jazz" is hurting the standards of taste and the finer sensibilities of many college students, according to Prof. A. R. Warnock, dean of men at Pennsylvania State College. "Some thing of reserve has gone out of the personality of our young women and something of nobility has gone out of the attitude of our young men toward women," he said in comment on college life since the war.

CINCINNATI CANAL PARKWAY ISSUE MAY BE RETURNED CINCINNATI, O., Aug. 12. A bond issue for the canal parkway, which failed at the primaries, may be again submitted to voters at the November election.

GREEN'S FORK REVIVAL

ATTRACTS INTEREST

GREEN'S FORK, Ind., Aug. 12. Assistance is being given by Mr. and Mrs. Virgil Brock, residents of Green's Fork, and singers and organizers lor church revivals, to the revival that is being conducted at the Christian church at Green's Fork under the direction " of Rev. D. L. Milligan. Mr. and Mrs. Brock assisted Rev. Murray, of the Richmond Christian church, at a revival a year ago. Magic tricks, performed by Mr. Brock, entertained the children of tht community on Wednesday night Thursday night wa3 observed as Mother's night. It is planned to givo presents Saturday night to the oldest man and oldest woman, youngest baby and the largest family. An all-day meeting is planned for the close of the evangelistic campaign on Sunday. A basket dinner will be served. Rev. Charles Shultz, former

pastor, will deliver the address in the

afternoon.

SUPPORT OF HARDING IN STARTING LEAGUE

(Special to The Palladium) LAKE JUNALUSKA, N. C, Aug. 12.

Calling upon all true friends of the

league of Nations to give President Harding every opportunity to perfect the suggested association of nations, Hamilton Holt, of New York, one of the leaders of the pro-league republicans, speaking here tonight at the Laymen's Conference of the Methodist Episcopal Church South, declared that the President soon must choose between "the pro-Leaguers in his cabinet whom he made and the bitter enders in the senate who made him." "Let our political leaders make no mistake." said Mr. Holt. "The league issue will not be settled until it is settled right. Every friend of international peace and progress therefore must withhold final judgment until Mr. Harding sees fit to disclose the detailed plans of his association. Must be Active Association. "But this is clear. If he wants the permanent support of most of the American people his association must be more than a mere group of nations agreeing to be good and peacable and all revolving "about a court. "It is inconceivable that Mr. Harding could get the world or the senate at the present moment to consent to establish a better court with wider jurisdiction than the admirable one just created largely by the genius of Elihu Root and already adopted as the chief tribunal by the present League of Nations. And if Mr. Harding's association is under no compulsion to do anything

except when the spirit moves, the nations would be no better off than they are now with or without an association. Present League Is Strong. "The present league with its fortynine members and its truly admirable record of things accomplished in the one short year of its existence is well worth preserving. Indeed, it is better to have the

present league continue as it is without the United States during the term of the present administration than to emasculate the league in order to get the United States to enter it. "But we cannot wait much longer. The world is on the verge of revolution, famine and pestilence. Mr. Harding must choose between the proleaguers in his cabinet whom he made, or the bitter-enders in the- senate who made him- The decision must be made reasonably soon. Sentiment is Overwhelming. If not, all friends of the league must organize so as to capture congress in 1922 and the presidency in

1924. They must tread the path of the opponents of slavery, who continued fighting even though election after election went against them. "Nearly all the . Democrats and more than half the Republicans a clear majority of the American people want the United States to enter some kind of an association with enough teeth in it actually to lessen the probabilities of war. They can win if they unite."

Deny Crowder Statements !

Hostile to Cuban Freedom (By Associated Press) HAVANA, Aug. 12. Denial was made by the state department at Washington to Cuban Minister Carlos Manuel De Cespedes that recent reports sent by Major General E. H. Crowder, continued suggestions inimical to the sovereignity and independence of Cuba, according to a statement given out yesterday by the presidency. The denial resulted from a request by the minister for a statement on stories published in the United States purporting to give essential passages from recent reports by General Crowder otx the Cuban situation.

WASHINGTON SUICIDE FORMER SPY SUSPECT

(By Associated Press) WASHINGTON Aug. 12 The body of a man identified by the local police as Louis Webb, 61 years old, of New Rochelle, N. Y., was. found last night in a car on a Pennsylvania railroad train arriving here. Evidence showed that he had committed suicide, the

police said. , Papers found on the body and in the baggage carried by the man referred to Webb having been arrested in New Rochelle in 1918 under the espionage act. Newspaper clippings relating the loss of the Lusitania and other outstanding incidents of the war also were found.

GEN. BRUSSILOF TO AID TURKS, REPORT

fly v if.

Czecho-Slovakian President -Back Home After Illness (By Associated Press) PRAGUE, Czecho-SloTaki, Aug. 12. Professor T. G. Masaryk, president of the republic of Czecho-Slovakia, returned here yesterday from Capri, where he had been convalescing for three and a half months from a serious illness. He will reside at the presldential country seat near Prague, purchased from Prince Fuerstenburg. Richard Crane, the American minister, was among the members of the diplomatic corps who " greeted president Masaryk.

CHRISTIAN SCIENTISTS, ' TOLEDO, PLAN NEW CHURCH

TOLEDO, O., Aug. 12. A church

building costing $250,000, will be erected here by the Christian Science church. Work on the structure is to

start Sept. 1, this year and it is ex' pected to be completed in a year.

OHIO UNIVERSITY URGES - ,. LATE WINTER WHEAT SOWING (By Associated Press i COLUMBUS, O., Aug. 12. Late sowing of winter wheat is urged again this year by Ohio State university entomilogists as a means of escaping serious damage to the plants by the Hession fly. The safe date for sowing wheat is known by the county agents and farmers who co-operated last year in late sowing, and farmers are urged to take advantage of their knowledge.

Mr. H. E. Stacy, factory heating engineer, of Cincinnati, is showing Richmond home-owners how to save money on coal bills. You are invited to call for a free demonstration of the CaloriC Furnace at 7 South 7th St. Come!

General Brassilof. According to a recent dispatch from Vienna, General Brussilof is on his way to Angora, where he will aid the Turks in their coming action against the Greeks. General Brussilof was one of the mo.i famous of the Russian leaders in the early years of the World war.

JOHN D. JR., ON WAY TO SEE CHINA SCHOOL DEDICATED NEW YORK. Aug. 12. John D. Rockefeller, Jr., and his party left

Thursday by special train for Vancou

ver to attend the. dedication of tlw building erected for the Pekin Union medical college by the China medical board o fthe Rockefeller Foundation. He will be the principal speaker at the exercises. He will be gone three months. . '

NINE NOTES REDEEMED BY GERMAN PAYMENTS

PARIS, Aug. 12. The reparations commission announces that Germany since the beginning of July has paid 50,000,000 gold marks to the commission, thus allowing Germany to redeem five of the twenty million dollars notes in execution of Article Five of the schedule of payments. This brings the total notes redeemed up to seven. The cash in the commission's hands after the redemption of the seven botes with further . ' payments announced by Germany for August 12, will permit the redemption of two additional notes.

PIANO TUNING

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5 Opp. Post Office Phone 1653 ; MUMttf MtmH WUHI IWHHMttMliWIfMtmttm

PERFECTION OIL STOVES

BUTTERFAT PRODUCTION RECORDS RAISED IN OHIO (By Associated Press) FINDLAY, O., Aug. 12. A new record for butterfat production in Hancock county was set by Molly, a graded Jersey, owned by Kerns and Randolph. The cow produced 84.04 pounds of butterfat in 30 days.

Thistlethwaite's

The Original Cut-Rate EVERY-DAY PRICES In Effect at All 7 Stores Pinkham's Com- OQ p pound . 07i Colgate's Tooth 0 1 Paste Aiii AC Woodbury's Ol Soap AC ALL SCRAP TOBACCO Or 3 for UOK,

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ICE CREAM the HealthBuilding Dessert

When you serve Ice Cream with your dinner, you not only have the best dessert for goodness, but you have a delicacy that is full of nutrition. The children like Ice Cream, and they should have plenty of it. It will build them up and give themn ew vigor. Order a packer of Price's real Ice Cream for your Sunday dinner.

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BRIDAL GIFTS

TIE GIFT you make the Bride should show exceeding good taste in its selection. Indiscriminate choice is unappreciated. What can be nicer than a wise selection of pretty silver? Silverware, well chosen, is the most charming and durable ot all gifts and pleases the bride the best. Where can you make a better choice than here where excellent taste and good judgment are exercised in providing the assortment for you to choose from? We will be glad to help you.

CHARLES H. HANER Jeweler 810 Main St. Glasses Fittsd

At Feltman's

Saturday Shopping Hints

Ladies' Black Satin

One Strap - effects In Baby Louis and full covered Louis heels. Priced .at

$500

Men's Work Shoes

at one-half price. Shoes that formerly sold .at $8.00, now $2.95. Buy now while we . have your size, at

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.Feltman's Shoe Store. ' The World's Largest Shoe Dealers 35 Store , 724 Main Street

Facts Only

Truth Always

Specials in Hosiery

Either sex, any race and all occupations, between ages of 16 and 65 are accepted, housewives included. Same price, same benefits to everybody. No classification.

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1016 Main Street Above Wilson, the Cleaner

Room 12, Comstock Building

Office open daily 8:30 a. m. to 8:30 p. m. Manager Lempke will be in Richmond until August 20. Get your policy at once.

The Cake That Will Please Try It Today ZWISSLER'S Butter Maid CAKE Made by ZWISSLER'S

Ladies' Pure Thread

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