South Bend News-Times, Volume 38, Number 142, South Bend, St. Joseph County, 22 May 1921 — Page 30

THE SOUTH BEND NEWS-TIMES SUNDAY, MAY 12, t92f TO EXPERIMENT O.Y CALIFORNIA ROADS FOR V. S. BENEFIT rendering th pub-grade a suitable base upon which to build t.V- concrete slab. yrar, according t-::-ir.i t.l Sab Biggest Airship in World Soon to Cross Atlantic MOTOR ROW SCANDAL v.itrr McdL-.a, f M ? department c f r !a Tvork. e ar. 1 . . : nirrruit iimiNf; soov. Fifteen hundred mSs cf high By NEAL WELCH. SACRAMENTO. Calif., May 21. Experiments wi.l be made on some of the highways of California to improve roadj for motorists throughout tho country. This announcement was made h-ere by A. B. Fletcher, chief engineer of the California highway commission, following his return from a conference in "Washington with Thomas II. MacDoniM. chief cf the bureau of pub'.ic roads. Efforts will b made especially t'i correct bad road conditions due to tho effects of colloids in tho subsoil. Expansion and contraction cf the sub-prades cause cracks '.n the surface and m-ake riding difficult fcr motorists. This tendency will be overcome, Fletcher pays, by neutralizing th colloidal properties of the soil and Try NEirS-TIMFS Want Ad, ways In Mexico will be lmprowd . V- : Aftor a careful check made amen; all of th automobi'.o dealers. F. Mendez is to be awarded fir?t prize for belri? the first dealer to t'.ossom cut In a straw hat. The prize Is a hemstitched apron for washir.s earn. a picnic today. It ifl coruerviitively estimated that the line will tretch from here to Goshen with the riders a half a minute apart. Your Gar and Its Value The value of your car depends a preat deal upon appearance. By appearance we mean the condition of the paint, the top, the upholstery and the side curtains. Slip covers are a necessity. So is paintingThere are only a few shops in the country that can equal us in workmanship and mechanical ability in painting or trimming. Our Work Satisfies Twin City Auto Paint Shop It mut be- nice to be wealthy. John Farneman was en starting out with a bag: full of golf clubs one hot afternoon last week. Frank Manwarnlncr was a visitor In Lansing1 during the pa.Pt week. There are two less Cldsmobile Fours as a result of hi3 sojourn In that city. Henry Grieger ?ays that some people, have so much confidence In theroselvea they think they could sell ice-boats in the Sahara isert. In addition to ourselves, those who are suffering from the heat are Dick Schimmel, AI Ohman. Doc Beistle and Harry McCarty. The Shop With a Conscience This fellow Shaw of the ShawSullivan tire store has brought his big white Stutz here from Chicago and is making1 the LrotViera castenvlous eyes at him up and down Michigan at. M. E. GILMAN & SON 1414-16 S. Leer St. Lincoln 5S65

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LATJ FRANCISCO - -

SAr X DI EGO .--

Th largest airship In the world, tlio ZK-2, will io provided with one harweiir at Lakchurst, X. J., nI posslMy nnthor Jit San Praiu 1t. When Mio and her sister sdiljw ro CTuWnjr, ÜK-y will tic tip ft tntnt mooring mastM. Su li masts are likely to ltecomc common as continental travel by airship is developed. Tlie ZIt-2 is hliown here as Mc will look moored to a most, say at South Ilend.

The bipgfzt airship in tho world Ur.cle Sajn's "ZIl-2" unde-r contructlon at l'u;ham. 3' n gl and, will be ready for practice I'.'ght-i early In June. After a prle of terfs, hr jirs" will b pointed wortward across the Atl'ijitlc and sh will come home under her ewn pifwrr, early In July. Commandr-r I iL Maxfield. who will command th 7111-2 on hr homoward voyage, has be-en in England with a plr-ked crr.w of 3 0 m n for several months, watching conetnictlon. The ZR-2 la 674 ft. in length, with a maximum dlamt of on ft. and a gas capacity of 2,27000 cwblc ft. The Ilritish R-?. 4, which flow to America and back to England In

1019, ds 31 ft. .shorter and 2 00.000 cubic ft. FmallT in gas capacity, Fivo 4 0 O-liorsepower Sunbeam motors arc counted on to pive the ZR-2 a maximum sieed of about 100 milf-3 an hour. Ifer total lifting capacity will be betworn 7 0 and SO tona Work in being rushed at Iikehrust, N. J., which will be the ZK-2's fir.ft "port of call," on hangar for her and a fd.ster ship, tho ZR-1, which Is to be constructed thf-ro. There will be no other place In the Fni'ed States where an airship rf th! sir.o can bo- housed, but plana call for tho location of mooring mn?ts at points where the ship may wish to tic up while cruising.

With hangars at tho Atlantic and

Pacific terminals, for instance, and mooring masts located at intermediate points of call, a transcontinental airship lino would have all the landing facilities necessaryThese mooring masts are latticed steel structures from 100- to 150 ft. high, provided with an elevator for conveying passengers, freight and express between the ground and the ship. In addition, tho mast carrir s pipes lor furnishing water ballast, gasoline, lubricating oil and liftln? gas to the ship. Whereas it requires from 200 to 400 men to "land" a ship of the size of the ZR-2 and "walk" her into a hangar, six men are all that are required to moor her to a mooring mast.

Dave Bos-well was seen ordering a couplo of sets of side windshields, giving rise to tho report that Dave is going to attempt to lower his own record between here and Indianapolis. An extra set will be carried along in case the force of the wind breaks the first one.

It certainly ooks like a big time r.ext week. Boxing matches, motorcycle races and everything.

IT IS A PLEASURE TO SELL YOU

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BECAUSE THEY PLEASE YOU GOODRICH SIL VERTOWN CORDS REDUCE B 2 0 o

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409 S. Michigan St. SILVERTOWN PRICES 32x4. . ... .$41.85 33x4 .S48.40 33x4., .,,$43.10 34x4 .$49.65 34x4. .,, .$44.25 35x4 ........... $51.10 35x5 . . : . ..$1)1 90

Bill Fitzgerald, the Chicago Fin?stoner, was In town on Wednesday. Tho Mifflin brothers Ernie and Ed were all dressed up in celebration of Fitz's visit to our city.

J. L. Helton Is golncr to take all of the Johnson motor-bike riders on

Hay 'Reynolds, when interviewed, stated that he is mighty glad that there Is going to be an Expnsiticn at Springbrook park this summer, because he can drink red pop then and not feel fooli?h about it.

Frank Thorpe is sending out Invitations for a big movie party to be. held in the near future. We'd almost be m Inclined to believe that the fellow carrying the big can of penetrating oil In the picture some place In this paper was Charley Lancaster only Chr.rley hasn't got any beard or any muffler. The penetrating- oil, however, he has with him always.

Dean O'Hara Urges U. S. Capital Buy South American Securities To Bring Exchange Back to Par

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BANGS

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Such Is the life of the motorist in the good old summer time. But there's one consolation, when you do have a blowout or puncture

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will come to your rescue anywhere, anytime. Taylor's two fast service cars are always on the job. And here's another tip. Ride on Firestone and United States Casinsrs

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M you,

i AYLOR'

132 E. Jefferson Blvd. Phone Main 610

TIRE

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731 Lincoln Way West Phone Lincoln 5344

By AVAIiTKIl J. VINCENT. American financiers and business men interested in the South American export field have been amazed during the past eeveral months by tho alarming situation of South American exchange. Since last July there has heen a steady drop In South American currency as expressed In terms of American money, and this situation has now reached a very critical stage. During the past month Argentine exchange has dropped more than 20 cents on the dollar. At par the American dollar costs $1.02 Argentine gold. Owing to this rapid depreciation of the Argentine peso during the last year, it has been costing the Argentine Importer from $1.25 to $1.50 to pay for a dollar's worth of American goods. Naturally this condition has had a very depressing effect upon exportation from tho United States into South America. In discussing the cause and cure of this adverse financial situation, Rev. John F. O'Harn, dean of the Department of Commerce, Notre Dame university, touches on some fundamental points that appear to have been overlooked by other students of the South American trade problem. Stirs Antl-V. S. Feclmg. "Tho effect of the phenomenal loss in the value of South American money," says Father O'Hara, "is that South American merchants are unable to buy goods in the United States or to pay for goods previously purchased in good faith. "Such goods have mounted in some custom houses in South America to an enormous extent, and foreign commercial rivals of the United States are taking advantage of thi situation to spread among the South Americans the specious fabrication that the United States, having asS"umed the financial supremacy of the world, is taking advantage of its situation to 'beat down tho exchanges of other countries. Such an explanation, absurd as It Is dishonest, cannot but have a strong appeal to people who (p not understand the mechanism of exchange. And, it is this explanation that is doing great harm to the financial reputation of the United States in those countries. 'The explanation usually given in the United States regarding exchange fluctuations is that as the balance of trade Is the primary factor in determining the rate of exchange between two countries, or that the South American exchanges are selling off because the United States is selling to them more than it is buying from them. , Explanation Inadequate. "This explanation is absurdly lnadequate. According to figures recently published by the department of commerce, the trade of the United irtatrs with tho whole of Latin-America during the past year was distributed between Imports and exports at the ratio of 54 to 46. With certain countries, notably Argentine and Uruguay, the trade balance was against the foreign country since last September, but not in sufficient measure to account for the phenomenal drop in the exchange rate. During the war there was a much heavier adverse balance of trade against the United States In Argentine trade than exists in our fav.r today, and yet the depreciation of the American dollar wa? not onefourth the present depreciation of the Argentine peso. "Tho only sound explanation of the present situation is this: European accounts, especially English banking houses, have paid off their indebtedness to American firms by buying dollar acceptance In the South American market. Every such tranrfei of fund.- or credit from South America to the United States results m a depreciation of the South American exchange rate, and since it Is for English account, it strengthens the position of sterling in the American financial market. A Pimple glance at the curve of depreciation of the South American market and the curve representing the rise in sterling exchange since last fall will show this relation very clearly. The rO-cent drop In Argentine exchange registered during the past month had its counterpart In the rise of fftcrlinc: from $3.92 to over ."Therövls nothing dishonest about this procM by -which depreciation in fxchanso I? brought about; It is simply good banking business, and I

the British exchange bankers must bo giver, credit for taking advantage of the situation. However, it h; working terrific harm to American interests in South America, especially In view of the dishonest explanation of the drop being circulated by our commercial rivals, and, as a result, American financiers and business men should do everything in their power to remedy this situation. "What Is the correct remedy? Crcxlit intension as Ilcllcf. Radically, the righting of the balance of trade will remove any discrepancy In trade caused by that practical factor, hut the balance between exports and Imports cannot be righted until there Is more production In the United States, and consequently more demand for South American raw materials. "The extension of credit to the South American countries would temporarily help the present situation, but would merely postpone the day of reckoning in the same manner that our loans to the allies kept exchange 'pegged' during the war, but did not prevent the collapse that came after the armistice. "The third means, and only practical solution of the problem at presenv consists in the investment of Am .ican capital in South American securities. The permanent transper of American funds to our prospective markets in Latin-America would right the discrepancy between the supply and demand of bills and bring exchange back to par, thus enabling the South American merchants to continue to buy from us and also to pay the- bills which they owe American merchants.

THIS IS STORY OF FORMER KAISER AND A BLADE OF GRASS

BERLIN. May 21. This is a little story concerning the kaiser, tapestry, court architects and blades of grass. It came about during the reign of Wilhelm II that tho monarch wanted his castle In Koenigswusterhausen newly outfitted. He took a fastidious personal interest in tho decorations and furnishings. Finally all was well, except the tapestry of his work room. Wilhelm called in the court architects to decide the exact shade of tho tapestry; green, it must be, he had' deckled, but just what sort of a gretn he did not know. The court architects waited upon bis majesty, but his majesty was attending a Kiel review. The following day. they were surprised to get from him a package. Layers cf paper and cotton; then more layers! Then finally a. blade of grass. His majesty commanded that the tapestry be the color of this blade, plucked in Kiel. But the green had faded from the blad in its warm packing. So the architects secretly journeyed to Kiel to study the green of the grass. When the kaiser finally returned, he was pleased at the exactitude wherewith his orders had been followed.

DON'T MENTION IT, SAY THE BRITISH

LONDON", May 21. An attempt to amend American history will be made at a conference of AngloAmerican professors of history, to be held here In July. Among the subjects to be discussed is a proposal that Americans should eliminate from their public school histories all passages which exaggerate tho old antagonisms between Britain and the United States and the causes of the War of Independence. It is believed here that most Americans are. of the opinion that the British example should be followed. For several years British public school histories have been purged of all references likely to cause offense. Over 30 teachers of history are expected to come from the United States to attend the confeience. and Prof. Karle B. Babcock. head of the American University union In Taris. will represent the New York university.

Japanc-.se women are planning to organize a woman's peace association to promote world peac.

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Its Service to Owners Wins Wide Popularity The every-day performance of the Cleveland, under eveiy condition and meeting every demand of -its owners, has won for it wide popularity; The exclusive Cleveland motor, quiet and pliant, full of life and real power, distinguishes the car from sixes and fours of similar size. It is a really great motor and those who drive it reccgnize it as sch. Don't choose a car of similar

size, regardless of price; until you have seen the Cleveland, gone over its details of design and construction and ridden in it. Unusual Riding Comfort and Ease of Driving The driving of the Cleveland is almost without effort. And the comfort of riding in the Cleveland, not merely on the boulevard but on the country roads as well, is out of the ordinary to say the least. There are few cars that ride as comfortably as the Cleveland. The scientific distribution of weight and the low underslung spring construction are big factoid in this unusual roadability. All the Cleveland models are beautiful cars, handsomely finished and upholstered.

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