Richmond Palladium (Daily), Volume 46, Number 300, 29 October 1921 — Page 1

THE RICHMOND PALLADIUM VOL. XLVI., No. 300 palladium. Est 1831. Consolidated with Sun-Telegram. 1907. RICHMOND, IND., SATURDAY EVENING, OCT. 29, 1921. SINGLE COPY, 3 CENTS

EUROPE MUST START WORK ON WAR DEBT Slow Action of Foreign Pow-

Rail Head and Union Leader Snapped With Board Chairman

HANDLEY LEAD INCREASED IN STRAW VOTE Bescher, Republican Candidate, Gets 57 and Handley, Democratic Aspirant, 71 in Saturday's Returns. 500 BALLOTS COUNTED

May Head Legion

ers in Fixing Indemnity

Delays Prosperity -- America Restless. FOREIGN TRADE HURT By MARK SULLIVAN WASHINGTON, D. C. Oct. 29. There Is at present in Washington, a representative of British bankers who is holding informal conferences with American bankers and with American officials looking to the possibility of an international institution similar to what is known as the Tor Meulen bank plan, for the direct or indirect stabilizing of exchange. Probably it is the presence of this agent that is responsible in part for the constantly recurring talk about the coming Washington conference taking up "financial matters." No such relation actually exists. There is no intention of taking up financial matters at the coming armament conference. The two things are wholly separate. The present financial proposal from England is aimed primarily to interest American bank ers and business men rather than the American government. Business Waits on Exchange. It is true that our system of statutory control of national banks through the federal reserve system together with our present policy of maintaining an informal contact on the part of the government with any foreign enterprise into which our private bankers may enter, makes it necessary for such a proposal as the present one to come ultimately to the notice of the federal government. The proposal appeals to us favorably. Our import and export business is directly dependent to a great degree on the stabilizing of exchange and our domestic propriety is ultimately dependent upon it. In fact, the progressive breakdown of international trade is the most conspicuous single factor in the indus trial depression from which America now suffers. America Must Take Part In a speech which the controller of the currency, Mr. Crissinger, made before the New York State Bankers' association as long ago as last June, he said in speaking of a similar proposal, "I may frankly state my belief that the efficacy of international cooperative measures to deal with these matters must in large measure depend on the hearty participation of the United States. "My present views have been forced upon me by study and observation of the whole link of financial and economic developments and of the essential unity of the world's business fabric. People who want to feel generous may urge us to this kind of cooperation on the ground that we will be helping others. I do not need that injunction. I can urge this in all sincerity from the entirely selfish motive of heroine ourselves. But I realize that in helping ourselves we also are helping others." Exchange is Indication While America has this friendly and helpful attitude toward any and every sound proposal for restoring normal conditions in international trade, it is also true that there are certain fundamental factors that cannot be escaped. International exchange is merely a barometer. It reflects causes, but is not in itself a cause. By a closer analogy, international exchange is like a spirit level that measures the relative height of the amount of work and business being done in different countries. You can no more cure fundamental causes by attempting to stabilize exchange than you can cure a fever by tampering with the figures on the thermometer. The fundamental causes of Europe's inability to buy from us, of fluctuations of Europeans currency, and of the paralysis of international trade, lie in the improper courses now being pursued by several European governments. The faulty things which these European governments are doing are these: They are printing a steadily increasing quantity of paper currency, they are spending large sums on maintaining armies and they are failing to keep their expenditure within their income. Salvation From Within. There is nothing more obvious in the world than the fact that America cannot prevent these European governments from doing these things. Only the governments themselves can do that. Until the governments at fault are willing to take the necessary steps towards sound business, any help that America can give and any interest that America can take can only be largely academic. A complete list of the causes of paralysis in international trade would include one more factcr, namely, the failure of the European allies to fix the amount of the German reparations at a sum which the business men of the world will see is reasonable also long as the real amount of the German reparations remains unfixed, this factor will have an adverse effect upon international trade in a multitude of ways. Reparations Plan Poor. This factor also is one which the United States cannot cure. It can only be cured by action on the part of the European allies in taking up once more the subject of German reparations and fixing them in the way they ought to have been fixed in the beginning. Meantime, America's prosperity must continue to suffer from causes over which we have no control. It is true there is an alternative constantly urged by many. That alternative is to go backward a certain distance from our present isolation from European affairs, re-enter the reparations commission and take upon our(Continued on Page Fourteen)

Left to right: Samuel Rea, Judge R. M. Barton and Albert Phillips. This photo, taken in Chicago shortly before the threatened railway strike was declared off, shows three of the men who figured most prominently in the peace negotiations. Samuel Rea is president of the Pennsylvania sys

tem. Judge Barton is chairman of the ence in which unions, rail executives peaceful settlement. ARMY OF WAR VETS BEGINS DESCENT UPON KANSAS CITY TODAY (By Associated Press) KANSAS CITY. Oct, 23. An army of former service, men began to descend upon Kansas City today for the annual convention of the American legion, which opens next Monday. Foremost foreign military leaders of modern times are among those en route here to be guests of the legion, including Marshal Foch of France, commander in chief of the allied armies; Lieut Gen. Baron Jacques of Belgium; Gen. Armando Diaz of Italy, and Admiral Earl Beatty of Great Britain. Marshal Foch is expected Monday, accompanied by Gen. John J. Pershing, commander of the American army in France. Vice-President Calvin Coolidge, representing President Harding, will head the American delegation of notables at the convention. Today's work dealt mainly with arrangements for the parade Tuesday, which, officials said, would be more than seven miles long and include 40,000 or more marchers. Good Weather Promised A force of legionnaires as large as the city's police force will be on special duty as military police during the convention, and their activities will be confined to the legionnaires. Delegations from Minnesota, New Mexico and the state of Washington were among the arrivals early today. Clear, cool weather for the three days of the convention was predicted by the local government weather bureau. WASHINGTON, Oct. 29. Senator Reed. Democrat, Missouri, today cancelled his engagement to speak at the American legion convention at Kansas Citv next week because of being engaged her on the tax revision bill. CONCEDE TAX BILL WILL NOT BE PASSED IN SENATE THIS WEEK (By Associated Press) WASHINGTON, Oct. 29. Republican senate leaders conceded today that there was no possibility of passing the tax revision bill this week. They also indicated that there was little prospect of maintaining a quorum for a night session of the senate tonight. The capital stock tax section was on the calendar today with a long fight promised. Senator Lodge, of Massachusetts, the Republican leader, had before the senate an amendment to exempt holding companies from this tax where it had been paid by a subsidiary company and Senator Reed, Democrat, Missouri, had given notice that he would offer what he termed a very important amendment. After the bill has been perfected in the committee of the whole; it will be taken up in the senate for amendment. Then will come the renewal of a number of fights already waged with the launching of some new ones. To Seek Amendments. Senators Walsh, Democrat, Massachussetts. Reed and Edge, Republican, New Jersey, have given notice that they will seek to amend the corporation normal income tax section, which was tentatively approved yesterday with the rate at a flat 15 per cent, after two amendments by Senator Walsh had ben rejected by the same vote, 33 to 32. Senator Edge plans to make a fight for retention of the present 10 per cent rate, while the Democrats will center their fight on the proposition to pre vent the threatened increase in the taxes paid by corporations have returns of 8 per cent or less on their invested capital. The soldier-bonus question has been injected into the tax fight. Senator Reed having proposed an amendment to continue the present excess profits tax and use the proceedings in carrying out the five-day soldier relief plan recommended by a senate committee but recommitted at the request of President Harding. RAINS DAMAGE PROPERTY (By Associated Press) GUATEMALA CITY, Guatemala, Oct. 29. Torrential rains in western Guatemala have done great damage to property and have caused floods in which 18 persons have lost their lives. The city of Queralterango, about 70 miles west of here, is inundated, and large tracts of the country are under water.

railway labor board. Albert Phillips ana tne railway labor board participated. Briand and Delegation on Way to United States (By Associated Press) PARIS, Oct. 29. Premier Briand and the other members of the French delegation to the Washington conference on limitation of armaments and far eastern problems have started on their journey to America. DAIL ENVOYS DEMAND SIX COUNTIES FREED FROM ULSTER RULE LONDON, Oct. 29 Final demands have ieen presented by the Dail Eiream delegation attending the Irish conference here it was reported in London today. There demands If conceded would involve abrogation of the Act which gave the Ulster government control of the six northern countries in Ireland but it was asserted the government had intimated that accpntanre of these claims was impossible. The issue has been referred to Dub lin according to the report and it was implied that the Dail Eiream answer which is expected by Monday at tho latest will probably be unfavorable. British representatives in the conference;..w111ACis understood, consid er the Irish terms over the week and at Chequers court, the suburban home of Prime Minister Lloyd George. It is improbable, however, that a definite decision will be reached until after Monday's debate in the house of commons, upon which it is believed the fate of the question of peace depends. Adjourn at Mid-Night The Sinn Fein high council in Dublin met last evening, and did not adjourn until midnight. It was stated today the council disposed of a number of constitutional matters and ques tions of organization

iZZl ""',.,d.aL8,..1aie.5!alid probably will not recover.

commons, especially its relation to the Irish negotiations was reflected by today's newspapers. They emphasized the fact that an overwhelming vote of confidence which it was assumed the government would receive, would strenghthen the hands of the Ministry when its representatives again met the Irish delegates. It was generelly believed the next meeting of the Irish conference would be of the utmost importance and would show whether peace was probable. RAIL BOARD DECISION CLASSES VIOLATORS OF ORDER 'OUTLAWS' CHICAGO, Oct. 29. The United States Railroad Labor board today in effect forbade railroad union labor from striking without the board's permission, and declared that all strikers who violated the order would be classed as "outlaws who had voluntarily removed themselves from the protection of transportation acts." The decision on the hearing to determine responsiblity for the threatened general strike made three findings, the third of which held that "any union going out on strike will forfeit its right and the rights of its members in all existing contracts, and lose all benefits accorded by the transportation act. The other findings were "that all such disputes must be referred to the board before any action is taken.' "That any interruption of traffic would be a blow at the peace, prosperity and safety of the entire nation.'' CLEVELAND, O., Oct. 29. The "Big Five" railroad brolheVhood chief returned from Chicago this morning and held a conference at which they agreed upon a joint letter to be mailed to their entire membership setting forth the position of the chief in calling off the proposed railroad strike. The letter will be mailed next week together with the resolution adopted by the final conference of the labor leaders in Chicago Thursday night, when the strike was called off. None of the brotherhood chiefs had any comment to make on the general situation today. Fifty Fat Women Lose 8 Feet of Waist Line NEW YORK, Oct. 29. Fifty fat women who are engaged in a prize i reducing contest under city auspices ; have lost eight feet of aggregate waist j line in 11 days, Health Commissioner i Copeland announced today. I The members of the class, who have J reduced the most in circumference,, has lost six inches. The greatest de-J crease in poundage is 19 pounds. 1

represented the unions at the confer-1

Judge Barton led the fight for a 4 MEN ARE ARRESTED IN CONNECTION WITH MICHIGAN RAIL CRASH LaPEER, Mich., Oct. 29 -- Both city authorities and railroad detectives are searching for three men believed to have deliberately derailed a westbound grand trunk passenger train here last night, took four men into custody this morning for questioning. The arrests, they said, were a part of a general round-up being made in four counties, of tramps and others unable to satisfactorily explain their presence in the vicinity of the wreck that resulted in injuries to three persons. A flagman saw the men running into the woods from the scene of the wreck as he went to the rear to place warning signals. One of the men he reported was well past middle age, while his companions were much younger. This directed suspicion towards a man about 56 years old who had been in Elba three days and who was seen last night in company with two young men. Deliberately Wrecked. That the train had been deliberately wrecked was established officials said by the finding of track workers tools at the point of the derailment. Railroad men identified the tools as having been stolen from the Elba section house two days ago. The engineer observed from a distance that a rail had been removed and was able to slacken the speed of the train before it reached the spot. The engine turned over three times as it went into the ditch and this so diminished the speed of the coaches that they merely left the rails and toppled over. The track was torn up for a distance of more than 100 yards. The injured, two passengers and the fireman were brought here for treatment. The fireman severely physicians said. FEAR MANY PERSONS KILLED, SCORES HURT IN CANADIAN STORM VANCOUVER, British Columbia, Oct. 29, Many lives are feared to have been lost and scores injured by a cloudburst which flooded and partially swept away the town of Britannia Beach, B. C, last night, according to advices received here today. Physicians and nurses left for the scene of the disaster in a special steamer. Reports today said that the town had virtually been cut in two by a stream of water, which dashed down a mountainside, sweeping numerous buildings to the beach. Britannia Beach is a mining town with a population of 1,500, situated on a mountain 18 miles from here, on Howe Sound. Weather Forecast Rain and cooler tonight; Sunday occasional rains and colder, with strong westerly winds. Unsettled weather will continue for the next 36 hours. It will be cooler tonight and considerably cold Sunday, since southeast winds will shift to a strong westerly winds, about Sunday. The rate will be heavy at intervals as the storm center passes. For Indiana by the United States Weather Bureau -- Rain tonight and Sunday, colder Sunday and west portions tonight. Temperatures for Yesterday Maximum ; 62 Minimum 49 Today Noon . 61 Weather conditions The rain storm of today continues to move slowly and now covers all of Indiana and adjacent states. It is becoming colder over the plain states, but there is no unseasonable cold weather in any portion of the United States. Temperatures were below freezing in a few of the Rocky mountain states. Another storm covers western Canada and it is quite mild in Montanna for the season. Paid Circulation Yesterday, was 11,699

Today's Vote. Total Bescher Handley Cast

112 16 7 2 3 5 26 21 47 12 14 26 10 13 23 5 11 16 0 2 2 71 128

Second ward Fourth ward . , Fifth ward ... Sixth ward . . , Seventh ward Eighth ward 57 Total Vote to Date. Total Bescher Handley Cast

First ward 3 .3 Second ward .... 27 28 Third ward 7 8 Fourth .ward 68 64 Fifth ward 76 88 Sixth ward 31 34 Seventh ward .... 19 36 Eighth ward 5 3 236 264

6 55 15 132 164 65 55 8 500 Of the above total, 256 ballots were cast by the women and 244 by the men. Of the 256 ballots cast by the women 119 were for Bescher and 137 were for Handley. Of the 244 votes cast by the men 117 were for Bescher and 127 for Handley. TO ARRANGE WELCOME FOR PEELLE COMPANY AT MEETING MONDAY Arrangements for a reception to tie officials of the Peelle company, owners I of Richmond's newest factory plant, will be discussed Monday noon at the Arlington hotel by a committee composed of William Bailey, William Kinker, Demas Coe. John W. Mueller, E. H. Harris, L. A. Handley, B. A. Bescher, F. S.! Dodd, H. R Robinson, representative of the Rotary club, Rav Weisbrod, representative of the KIwanis club, and Ed Wilson, secretary manager of the Chamber of Comerce. It is expected that the reception wiil be held about Nov. 10. The Peelle company has erected the new structure at a cost of $65,000. T. W. Heinzman of Marion was the cohtractor. The plant, which will be occupied by the Richmond Safety Gate company, will be in operation within 10 days. The Peelle company acquired its interest in the safety gate company last spring. The volume of business has Increased rapidly during the past few months, the local safety gate company operating full time in the old plant The increase is thought to be due to the efforts of the wide sales organization of the parent company and to the campign being conducted by Insurance companies for the installation of safety appliances. Orders have been coming in faster than the company can fill them. Approximately 120 persons will bo employed ' by the safety appliance company in the new plant. The Peelle company is incorporated under the laws of New York, and i3 registered in Indiana. The capital involved in the Richmond unit is $135,. 000. The new building, located on Center street, near the K. D. Kitchen Cabinet company, is practically completed. Wiring, installation of fur(Continued on Page Two) ! AGAIN FAIL TO REACH DECISION ON CHARLES' FINAL DISPOSITION (By Associated Press) PARIS, Oct. 29 The allied council of ambassadors again failed today to reach an agreement regarding the fin al disposition of former Emperor Charles, who last week, made an attempt to regain the Magyar throne. No government has volunteered asylum for the ex-monarch. Consequently the council decided today that Charles and ex-Empress Zlta must remain on board the British monitor in the Danube river until a suitable place of exile can be found. The Madeira islands has been suggested but his removal there involves the assent of the Portugese government, which has been asked if this selection would be acceptable. No reply, however, has yet been received. PASSENGER STEAMER RAMS NAVAL VESSEL (By Associated rress) NEW YORK, Oct. 29. The Red Line passenger steamship, Maracaibo, leaving here today, for the West Indies, -Collided with the navy supply ship, Promotheus, inbound from Philadelphia, as the ships were passing near Governor's Island. The Maracaibo returned to her pier with bow -damaged. The Promotheus proceeded to the navy yard. RECALL ARMY RECRUITS (By Associated Press) BELGRADE, Oct 29. Army re cruits belonging to classes liberated from service with tho colors Bince 1916 have been, recalled Into active service by a decree published here.

Lemuel Bolles.

Lemuel Bolles, national adjutant of the American Legion and one of the founders of that organization, is prominently mentioned as its next commander. The election will take place during the convention at Kansas City. Bolles has held office under three legion national commanders. MARSHAL FOCH WILL PASS THROUGH CITY BUT WILL NOT STOP PALLADIUM NEWS BUREAU WASHINGTON. Oct. 29. Field Marshal Foch, on his trip to Kansas City, will pass through Richmond, Ind., about 1 o'clock Monday morning. The special train on which he will travel will make no stops at any point between Washington and St. Louis, it was announced at the American legion headquarters here. His train will leave Washington Sunday morning at 9:30 o'clock. It will arrive at Columbus, Ohio, at 10 p. m. and reach Richmond about 1 a. m. Monday. Richmond will not have the opportunity of greeting the famous French soldier on his re turn from Kansas City, although he will be at Indianapolis on Nov. 4. - He goes to Chicago from Indianapolis; thence to Detroit and Cleveland, finally returning to Washington. SENATE COMMITTEE ENDS INVESTIGATION OF MINGO VIOLENCE (By Associated Press) WASHINGTON, Oct. 29. The senate labor committee investigating conditions of violence in West Virginia coal fields, concluded hearings on the situation, today, three and a half months, after it first began the inquiry. Chairman Kenyon stated he hoped the committee would be able to make a report to tne senate in about a month. Colonel Stanley H. Ford, who served with Brigadier Gneeral Bandholtz, commander of the federal troops, sent to quell the recent disturbances and W. Jack Lauck, economist, for the United Mine Workers, were the witnesses heard today. Colonel Ford reviewed the war department's investigations and activities of the federal troops. Foch Proves He Loves Pipe by Use of Briar at Every Opportunity (By Associated, Press) WASHINGTON, Oct 29. Marshal Foch, who is known as an inveterate pipe smoker, before boarding his steamship Paris for his trip to America, made sure that a sufficient amount of his favorite French tobacco was on board. One of his military aides has it in charge 25 pounds of it. Soon after he was taken off the Paris at New York and had exchanged official courtesies with the members' of the reception committee on the tug Vigilant, he went inside the pilot house, lighted his small briar pipe and seemed perfectly at home. He emptied it as he approached Battery park and put it back into his pocket. Two hours later when comfortably established in his special train for the run to Washington the pipe was out again. After dinner he followed the example and smoked a cigar, but this finished, the pipe again came into view, only to disappear when the train pulled into the union station. Again at his hotel the last thing he did before going to bed was to take a few more puffs. Dr. Paul Andre, his personal physician, was right when he said: "The marshal loves his pipe." Present Bible to Harding For Use at Arms Parley (By Associated Press) WASHINGTON, Oct 29. A hand somely embossed Bible for use in opening the armament conference was presented to President Harding today by a committee of tire New York Bible society. It is bound in finest morocco encased in a velvet lined cover and is prefaced with a dedication to the work of the conference.

FOCH MAKES CALLS TODAY AT CAPITAL Allied Military Master Faces Busy Program in Washington, Including Luncheon at White House. FINDS WILSON IS ILL (By Associated Press) WASHINGTON, Oct 29. Official and unofficial Washington was eager to express to the full today its sentiment of heart-felt welcome to Marshal Foch of France, military master who led the way to allied victory in the great war. Paying a brief preliminary visit

to the national capital enroute to Kansas City, as guest of the American Legion at its annual convention there, Marshal Foch, who was greeted enthusiastically on his arrival here last night from New York, faced a bugy program today of official calls and courtesies, including a luncheon at the White House as the guest of President Harding. When Marshal' Foch called at. the home of former President Wilson, Brigadier General W. D. Connor, honorary aide to the marshal, was told that Mr. Wilson's physicians had given instructions that it would be inadvisable to receive any visitors. The marshal thereupon sent in hia card. Visits Officials After being received early in the day by the president the French General planned to pay his respects to secretary Denby at the Navy department, and Acting secretary WainsWright at the War department He will also receive calls at the hotel from General Pershing, in his official capacity as general of the armies ami chief of staff; Admiral Coontz. chief of operations of the navy and other high officers of the army and navy. Many of these calls will hold more than the formality of official courtes ies as they will afford the allied mili tary chieftan the opportunity of renewing friendship among American officers whom he has not seen since they left Europe at the conclusion of the war. Crowds which packed the Union station concourse last night gave Marshal. Foch a rousing welcome as hs left his train escorted by General Pershing who had arrived here from New York, a bare half hour ahead of the distinguished visitor. Stopping in the president's room at the station for the brief ceremony of being formally inducted into the American legion as a member of the George Washington post, the national chapter of the legion, the French general then proceeded to his hotel under the clattering escort of a cavalry squadron. To Leave Washington Sunday. Marshal Foch is scheduled to leave here Sunday for Kansas City, to be present at the legion convention, other cities also, but will return to Washington Nov. 11, to pin the French decoration for valor on the coffin of the American "unknown dead" from France at Arlington national cemetery. After that he will remain here at the disposal of the conference on limitation of armament, to give any advisory assistance he may to the French delegates, or to speak in an advisory way on military subjects to all the conference, should need arise, his for mer position as supreme military chieftain of the allied and associated powers in the war. and his later work as chief military advisor to the supreme council after the armistice, fitting him peculiarly for the task, in the opinion of his own and the other governments to be represented in the conference. A squadron of cavalry stretched away in a long arc and an army band crashed out a triple ruffle of drums and bugles, followed by "The Marseilles" and "The Star-Spangled Banner." Army motor cars were quickly entered and rolled away behind the galloping troopers. They went rattling up Pennsylvania, along which stood lines of people waiting to see the French general pass, and finally came to the Willard hotel entrance, to find another big assemblage eager to greet the man who led the way to victory "over there." The marshal responded with repeated salutes, and smiled like a boy aa he paid his last military respects to his cavalry escort, now swung out in a long line, as he climbed out of the car. Then he went into the hotel to rest aft er the first day of that American hos pitality, of which he has stood in some awe in planning his visit to this country. On his way to the president's room yesterday. General Pershing escorting the distinguished guest Marshal Foch halted at the engine to shake hand3 with the crew that had whirled his train down from the north. A. E. F. Veterans Lead Way To a steady round of shouts, the marshal moved on, and a bugle rang "attention" to the waiting veterans of the A. E. F. lining his way. The party passed to the station concourse. beyond which loomed the capitol dome, bathed in a flood of light, with a flaming beacon of welcome blazing from the huge lantern on top. Repulse Moroccan Rebels With Considerable Losses (By Associated Press) MADRID, Oct 29 Moroccan rebels have been repulsed at Genara with considerable losses, Minister of . War Cierva declared in the chamber of deputies here last night He said the Spanish forces were surrounded at one time by the rebels, who were well equipped with artillery and machine guns, and had an abundance of munitions. The minister was severely criticized by Indelcio Prleto, a socialist member of the chamber