South Bend News-Times, Volume 32, Number 91, South Bend, St. Joseph County, 1 April 1915 — Page 4

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TIIUlShAY, AI'UIL 1. lair.. THE SOUTH BEND NEWS-TIMES

BAN I

S LIFTED

SALES lif

STOCK MARKET

Minimum Prices Are Abolished Which Means U. S. Declares Its Financial Emancipation . From European War.

Getting an Eye on the Enemy

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lly !i. C. I'nrlH. MW VOilK. April 1. The l.'nil- . State s d( cl.ir.('. its financi.il emancipation from the I-mropan war m VelncMlay vc nlrir. Th antf t 1 1 t l r n f-tatu1? iua was restored by th N w Yorl; f-tock exchange. In other ami plainer word. the pro;).", fixed minimum iricf.s jdaccd und'.T American securities when the v.ar troke out vf-r; all rnnovt-il alt r the market clo.'-vd Wednesday and all restrictions on bond dealings ul? we're aholi.shed. This is of national, not merely Wall stri ct importance. It mean- thnt the: financial puidea of thi.j country are confident tho r.at'.on can ptand en its own financial feit without crutches. It means that all fears of overwhelming tilling of I'uropean owned American Inve.tme.-itH hae passed. It means that our hankin position is ho Htron that it tan take care of any eventualities. 1'ohjhI Not Wanting. It means that American stocks and bonds have been te.sted and not found wanting. It means that European investors have more faith in the worth of the American securities than those of their o'vvrj country. It means that there has been such a recovery in values here that no artificial protection a necessary. It means finally a proclamation to the whole world that sound, normal financial conditions rule here and that any person, no matter what his nationality, can enter our security markets and buy and sell to his heart's content or his credit's limit. The New York stock exchange's was not the only significant official announcement made Wednesday. Of equal moment was the formal statement oftho stato department that this government has rot felt that it was justified in interposing Objection to the credit arrangements which have hern brought to its attention." Testimonial of Strength. nils is another testimonial to the strength of eiur position financially among the nations of the earth. When powerful New York bankers approached the government on proposed loans to belligerents early in the war the reply was that Washington would look with disfavor upon the xportation of American dollars to Kuropcan fighters a stand which was generally commended in economic circles, as Kurope was then trying to drain America of cold. Today America, threatens to tin in European countries of gold if preventive measures are not tak n either that or our enormous sales of merchandise to Europe will be cut off. The financial assistance now. being granted Kurope is very different from the straight loans involving exports of gold, proposed six or more months ago. Shipment Not Entailed. Current loans do not entail shipments of American gold, but facilitates and stimulates shipments of American goods. The borrowers are simply given credits, that is drawing accounts solely for use in this country. We keep the cash. Europe devotes it to buying our materials, thus enabling our farms and our factories to make profits and our workers to make wages. The largest credit of all was formally ratified today, namely 5 50,000,000 to France. Not a dollar of this will be remitted to 1 'ranee. Every penny will be spent here. Encland will bo given a drawing account of probably $100,000,000 to start with, the amount to be increased if necessary. Germany has Just placed $10,000,oou short date notes among financial institutions and investors here. Kusia (Jets Credit. llussia ot $25,000,000 in one block, ulso for use within our shores. Italy, Denmark, Sweden, Argentina. Canada, arc among the other nations which have come to the United States for financial succor. America in short has become the hanker for the whole world temporarily. In the nine months since the war began our exports of merchandise have exceeded our imports by the unparalleled sums of $700,000,000, a eirenmstaneo which has had much to do

with our ability and willingness to grant credit facilities to our foreign customers of unquestionable standing. Every international exchange rate in the world today is in our favor, an eloquent tribute of our enviable financial and commercial position. Is it any wonder all artificial support for our stocks and bonds have now been withdrawn with perfect safety?

REPORT FIGHT IN INDIA

lrscar Mine on to Tocji Hut Are Driven Hack.

SIMLA. India. April 1. An ot!icial statement issued Wednesday 5 ays: "Lascar- estimated at 10, ecu strong and composed mainly of Zandraus and a ft w Mangals recently odlected with the view of attacking Tocji, six m!es from the Mexanshap post. "At :".awn on March '2' two squadro is of the twe nty-fifth cavalry, the t wenty-ni:. mountain battery, the tenth Jats and the fifty-second .ikhs. und r Urig. den. Pane together with the North Waziribad militia engaged U. ? enemy whose istimattd loss was L: 0 killed, and ::n, wounded. Numerous prio:x r u re t.ik n together with rifb s, standards an ' swords. "The n my .is drten over the Imr.md line. "A reeunna!--a::c on March 27 showed tu .f the marauders."

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ILft li RAGE LEVIES SIOJIO TAX ON GERMJUISI

Merchant at Monterey Fails to Recognize the Leader and Charges Him $32.50 For a Pair of Shoes.

Kb PASO, Texas. April 1. liecause a German merchant in Monterey did not recognize Gen. Villa when he entered to buy a pair of shoes and charged the military leader $:)L'.i0 for them a tax of $500, U0u has been levied on all Germans in the city. Max Weber, German vice consul in Juarez, is preparing a xnessage to the German ambassador in Washington protesting against the levy.

REPORTS FGR MONTH TulcnuIod, Jlo-;!tal Miperintcndcnt

1 Name-. I" Patient. i j Are. y)r.:.: l th - r-'fthiy n p-rt ..f j James A. 1 ejtfir.iri. ..;; ri'itet-'.. nt of ! the t J. v, .,h "i-:iht- Tuheri ul.'sis hospital, tin t . ie. dajm-r the mo'itf: j of Maieh, -7 p:iti nt in h.e hospital j of whi'-h numl'er I'l .ere from :ith ! I'.cnd. The n:oney llict-. d from the' patients a: -.:rcgated 1101.0s.

WASHINGTON. April 1. An indemnity of 2u,0UU in gold, it was announced by Sec'y of Htate Bryan on Wednesday has been paid by the Za-pata-Villa government to Kuth W. MeManus, widow of John D. McManus tho Ohieogoan who was murdered by Zapata soldiers about three weeks ago in Mexico City. Scnor Knrhiue C. Idorente, Villa's agent at Washington, was at the state department at the time See'y llryan nnde the announcement of the payment of the indemnity. The department expects a full report on the settlement and it is expected that in this report there will be some written regrets as to all the incidents including the insult to the flag, connected with the murder of McManus. After the announcement of the payment of the indemnity Sec'y Uran gave out the following cablegram from Mrs. McManus, dated Wednesday: "I wish to extend to you for myself and family our sincere thanks for your efforts in secuilng indemnity from this government and also express my apprecation of the great courtesy and personal interest shown by Mr. Cardoso, the r.razillian minister. (Signed) -HUTU W. MeMANUS." Carried Off Hotuis. The department gave out dispatches

Wednesday showing that Carranza before eacuating Mexico City cariied off "from the aults of the treasury' all the bonds, shares and other securities belonging to various companies and t.o private parties to the amount of lG.OOO.uCO pesos which were deposited by them in Mexico City as a guarantee for concessions

and contracts "entered into with the different ministers of state." A list of the interests affected is given in the report. Among these are the "intermr consolidated" debt o per cent: "interior redeemable" debt 7 per cent; "Mexico foreign" debt of lb'J'l and 1904, 5 per cent. The authorities at Mexico City have issued a warning that none of the securities taken away by Carranza "can be made the object of It gal transaction." The authorities also request all companies or private individuals who hail guarantee deposits in ;he treasury to semi duplicate copies of their receipts as soon .s possible to Mexico City. The Villista agency gave out a statement Wednesday niuht describing conditions in Mexico City as quiet arid in ivid contrast with "the. inhuman conduct of Cbrt gon" when he w as in charge. It is announced the appointment of tho following cabinet for tho Zapata-Villa regime: I'alafox. foreign relations and agriculture; Gomez, justice: Tadilla. finajue; ferrates, war; Castilk. communications and public works; Itamos lioa, puMic instruction. Slayers Not Kxoneratctl. Inferring to the McManus ease the ngtruy sajs: "Reparation in part was adopted by the payment of 100,Hoi p,-sos to the widw and children, without, h )At er, exor.i rat i:ikr those persons accused of the crime." The ill i govt rnxr.eni, it is stated. about To rot e d on a ciro r of quality of treatment "or the s.ttleiio at of all damagts. The convintion rnni'-nt claim that it ha" control of 1 (;f the mo.-t important st-te.s of Mexico. It is explained that Gt Villa has

i;one from Torreon to Sonora to suppress a Carranza insurrection there. The Carranza agencv in a statement issued Wednesday night says that " 'ilia "is confronted with the most serious crisis he has ever had to meet," and that he has sone to Toreon "to prevent Gen. Triana with his entire force from going over to Gutierrez." It is asserted by the Carranzistas that Villa has issued a manifesto declaring the forfeiture of all foreign owned mines within his purview. It is also positively stated that Villa has abandoned his campaign against Tarnpico and Matamoras.

ENTER SMALL ESTATES

Property or Uttle Value Left hy Wills I iletl For Probate.

The will of George Leda, who died on Feb. 1C, was filed for probate Wednesday. John Vlejniczak qualilied as administrator. The estate is small and goes to three brothers and two sisters. A small estate leTt by Frank Martinski. who died on Nov. ?Q at Grccnsburg, Penn.. was also filed for probate. A wddow and one son are named as heirs. Mrs. Hannah Kremcr is named as administratrix in the will of Henry o. Kremcr. The will is dated Dec. 27, 1011, and disposes of only a small estate. The will of licgina Iloroiigh leaves a small estate to a sister-in-law, 1'mma A. Borough.

FIFTEEN ARE INITIATED

Faules Will Open Hills on New Iiuiltiln Soon.

Initiation of 15 candidates took place last night at the regular meeting of S'oiith Fend aerie, Xo. 435. Fraternal Order of Fagles, in Fagles hall. There also were 10 applications acted upon during the business meeting. Keports were made by the building committee and the booster committee which is composed of L'2 members of the aerie. The building committee has completeel the building plans and will soon be ready for bids. The booster committee will begin active work today and expect to have a large class of candidates each month. Visiting members were present from Ibichanan, Mich. The evening was completed with a smoker and lunch.

German Coffee Cake Mader Without Ycat By Mrs. Janet McKcnzic Hill, Editor of the Boston Cooking School Magazine There is no warm bread quite as appropriate for Sunday morning breakfast as German Cofi'ce Cake, yet it is seldom made by housewives who do not bake their own bread. If K C double raise Baking Powder is used it will be just as good as if raised with yeast and it will have the further advantage of being fresh and warm. Save this recipe and try it next Sunday. K C German Coffee Cake Two and one-fourth cups sifted 'jiour; S level tcaepoonfuls KC Baking Powder;

i tcici teaspoonrui salt; z

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?V'-y ter; 2 tabic spoonfuls sugar;

V' 3 1 can; mil.

ARIL REPLY

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Sift dry ingredients together, beat the e, add milk and butter to the e to make one and or.e-quarter cups; stir all together with inverted spoon to a still batter. Turn into biscuit p.m ar.d spread even. Brush top lightly with melted butter. Sprinkle lufrar and prnund cir.rair.on over the top. Kike in moderate oven. Dutch Apple Cake or Prune Kuchen can be xnaJe with this same batter by covering the top with pared ar.d sliced arr'" or cooked prunes with the pits removed, skin sides down. Dredge with siiar and ciana!non the same zz for CctTec Cake. "The Cook's Book" contains 90 just such delicious recipes. You can secure a copy

free by sendir. the co'ored errtit'eate packed ; in 2 5-cent cars of K C Raking Pimdcr to j the Jaques Mf. Co., Chicago, bein sure to write your w.:x;c aad Jdxcij pLualy,

E JAPAN

Baron Chinda and Sec?y Bryan Hold Long Conference, But Neither Will Discuss the Questions in Issue.

WASHINGTON, April 1. Japan is believed to have made a partial reply Wednesday to the inquiries of the United .States on the relations between Japan and China as affecting: the trade opportunities of the United .States. Huron Chinda. ti e Japanese ambassador, had a long uiiference Wednesday afternoon with ec'y Uryan following the appearance of press dispatches that a crisis had been raeched between Japan and China. After the conference neither the secretary of state nor the ambassador would say anything in detail as to the question at issue between the two governments. It is understood, however, that Japan has told the United States that there is no crisis and that the negotiations are proceeding in an orderly way hetween China and Japan. It was pointed out to this government that the meic fact that negotiations are pending would preclude the assumption that a crisis had supervened. Officials of the embassy have stated that all the declarations made by Japan have heen substantially that there would he no discrimination against any of the rights of any particular nation as the result of Japan's present dealing with China. It is understood by officials here, therefore, that there will be a new question to study when the final agreements betwfen China and Japan have been official!-- proclaimed. That question will be to what extent Japan's newly acquired rights will be "exclusive." If exclusion at all, it is held hero, they will be in direct contravention of the open door policy. It lias already been reported to the department that the cotton trade of the United Staes in Manchuria has been practically wiped out an'. that Japan is demanding from China that she shall legalize the residence of S0,000 Japanese in Manchuria. If similar arrangements were not made by China for other nations, this would amount to a clear Infraction of what the United States regards as equal opportunity for all nations in China. The department will not comment on these facts.

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"STAR The Pockel-Piccc of Geniality

Men Who Chew Are Men Who DO

CTION, ACTION, ACTION is the demand of the

4movie nublic" and the problem of the movie

maker." When snapping a big battle; staging a coronation or picturing the "wild west" these action-makers relieve the "tension" with a good chew of STAR.

16 oz.

Plugs

A thick plup;, which means that you crct more of the mellow chewing" leaf and that a STAR plti won't dry out like a thin plug.

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ITcrcs what you get when you take the STAR

these seasoned chewers :

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A plug that never varies in quality and one that weighs 16

full ounces all th2 time.

Automobilo Owners Our specialty is the correction of ignition troubles. If your engine runs Irregularly, bring your ear to our shop. Vistula av. and Sample st., as the doctors say, consultation free. The Knoblock-IIeidcman Mfg. Co. Advt.

SAIT7TY COUPOX CIAJI5. Advt.

CHEWING TOBACCO

LEADING BRAND OF THE W.ORL

St,?

Food-Drink (AAA- A "4".-r 'r AiiiisJi-) fTlLM? forAUAgc5j.

Dieetibie y.iavktr;vr-r

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All Hotel and. -;7-.k - 7--. -i-i. 4 '-?7rZw.y" a :-12u.Zr sTr i j-.

Cafe Unless you eay "liORLXCIi'S" you may get tx Substitute

This Ought to

Convince

You

FIFTY -TWO or the Meat Dealers in South Bend use Vacuum Ice.

Because they want to give you clean meat to eat. That's why. "Use V acuum Ice is Good Advice"

IESS FOR IT AT

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ilCHIGAK ST.

f Jyy oSahsfactioio

Guaranteed

Oe MONEY REFUNDED

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Good T.leats at Reasonable Pricos. Home Cooked Lard and Sausages a Specialty New Center Packing House Market 110-112 W. Division Street

Tiger Brew

eer

The Drink of the Temperate South BendBrewing Ass'n Ball Phone 780 Home 7780

Talks on Temperance By James C. Kelly PROHIBITIONISTS have much to say of the workin man. From their self-exalted position they look down upon him with great commiseration. They love to parade the more unfortunate toilers before the world as "horrible examples" of the ravages of Rum. Always their cry is Rum! Rum! It matters not if the poor emaciated worker they expose to scorn is being devoured by tuberculosis or whether he is an under-fed laborer, ground down by poverty and monotonous toil, the "prohis" unblushingly ascribe his woes to their one great bugaboo, Rum. 3 Thus the prohibitionists pretend to extend the helping hand to American labor, but if you will observe closely, you will note that the fingers of that hand are twitching in their eagerness to grasp the labor vote in order to further their destructive program. (J Labor may well look up Prohibition's record before delivering to the would-be uplifters. It would be enlightening to know on how many occasions the Prohibitionist! have come to the aid of labor in securing better working and better living conditions. When it comes to shuffling men off, tuberculosis makes old Demon Rum look like a "piker". Tuberculosis thrives amid improper housing and working conditions, but somehow when labor attempts to better these conditions they always find their prohibition friends among the opposition. Prohibition can make no headway among the working class?s for the primary reason that it fails to understand the problems which daily confront the toiler. The average prohibitionist is reactionary except upon the subject of Rum or any fad .which may be manipulated politically to forward his intemperate scheme. CJ The American workman is keen enough to recognize his old Tory friend in spite of the sheep's clothing. Adv.

TRY NEWS-TIMES WANT ADS

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