Newspaper Page Text
filies Control |
'C#?tl?oo*l from ?a?t one!
?r*-^^e^ce of views in ?ihe Repa
\j-<,? Commission. Thi? body is ex
^d to coma to some understanding
>hin the next few days which will
? ed s* a hasis for discussion of
?ke "l8^-.'. German mosatoriuih.
** Wiesbaden Agreement Helpa
n.riBK th? ,reek two French rejects
?niTec'ien with the moratorium
^materialized ? the Wiesbaden
*?w*ment for trie delivery of the bulk
tfo\t 1?22 reparations in goods and
??L acceptance by the German govern
t of 'he Allied supervision of
r?r?e.? As the French government
?Cvthst the plight of the mark now
Kirrassinp Germany is not due to
?^iTrttion but to the mismanagement
__#"lfetbn or else to bad faith, Poincare
no* ypt- **'il,in8' t0 risk ?"ything
ILSnd a two months' moratorium.
""-Tfrench public opinion, which is
' i^ruerf hv the indefinite state of the
_2__in*.tions problem, will support the
e^mic* in any !-ane readjustment a.
3Kgg France is not going to lose that
??A-*!. Germany is able to pay. thus
?J?l'(j:':np the French taxpayer with Ger
(?_? obligations. If some arrangement
m&fo Great Britain in regard to
S?jTre'?' "**ar debt is possible and the
l?Snna!?*' show :i reasonable amount of
????^ij faith in the immediate futui*e
jtfw. ?s no doubt Poincare can pro
iSf.d'T-ith liberal strides in meeting the
'?'?rit??h viewpoint of putting the
.u 'a,:or> on ii commercial basis and
Soring German trade conditions to
? normal state.
PARIS. July 22 (By The Associated
p.e;ti.?The plan for Allied control of
fontianv's finances is to become effec
r't'Vf Npvcmber 1, 1922.
The bureaus dealing with receipts
T.nd expenditures, the movement of
i? abroad and questions relating
?Stotbe publication of financial and eco?
nomic statistics especially will be con
Gcrm.'iny agrees to furnish the com
w.'h monthly statements show
progress in the collection of
?_xcs, including the income tax; the
.--D?ici'titagcs assessed on private busi
EKms, daily statements of the amount
of the floating debt, and statements
everv ten days setting forth the exact
situatim of the government's finances.
Monthly reports *of tho receipts from
CBltoms, taxes, the postoffices, the tele
?ap-i and thi railroads, supplemented
BAofhly by a report on the situation
: the floating debt, are further re
ruirements to which German has
"7!: German Ministry or ""manee also
Bist .submit to the committee quar
of the receipts and
nditures under the current, budget.
ri ?if the receipts and
iditures of the national budget
? - the annual settlement and bal
_ ?: ?_ ? . rm.-in government ac
??? - - urn i shed annually.
The Reparation Commission made
iblic the correspondence exchanged
committee on guaranties
and the German government from the
time the memorandum of the commit
??? was handed to Chancellor Wirth
IS, until the receipt of Dr. Wirth's
?'er this Tioon.
Reprding control the memorandurr
iw? the guaranties committee stipu
la'.ed for th ? appointment of two dele
ttlttiatiedited *o the German Minis
fry o; Finance, one dealing with re
ceipM and the other supervising ex
; en??if'.rer The German government
undertake- to acquaint the deb-gates
at the sa - time a- the measures r.ri
present?.-? to the Reichsrat, with, first
the budget estimates for the coming
fiscal year; second, all bills pertaining
to financial measures; tflird, all re?
quests for additional or supplemen?
tary credits to those provided for in
the budget with the exception of cred?
its for less than 500,000 marks; fourth,
the monthly statements qf expenses to
be applied against credits granted in
the budiret, Bnd. fifth, statements at
fixed regular dates regarding the meas
I ures adopted for economy and enforced
| by the recently appointed Under Secre
; tary of State for Economy.
, Audit To Be Thorough
The memorandum demands the riirht
j for the committee's delegates to investi?
gate whether the expenditures of anv
department of the Ministry of Finance
exceed ?".he ere?.its #uthuri_ed for it.
The delegate?- will appoint a repre-*
sentative to accompany the traveling
auditors from the Ministry of Finance
Copies of a'! the Finance Ministry's I
statements of expenses and receipts I
must be furnished to the delegates, as i
well as the rate of interest on out- j
i standing bonds and the amount of i
| paper money in circulation.
Concerning the export of capital !
j representatives of the committee will
i be accredited to the Finance Ministry
' and kept fully informed of the move
j ment of capital, but without access to
information concerning the private for
! tunes or businesses of individuals.
Regarding economic statistics the
j German government must supplement
its monthly statements of exports and
j imports by a quarterly publication in
j dicating Germany's trade with the
? twelve states which in 1921 bad the
j greatest commercial dealings with Ger
| many, specifying the exports invoiced
j in foreign exchanges and those billed
in marks. Railroad, river, canal and
I ocean transportation reports are to be
| published and submitted to the com
! mittee as regularly and under the same
I form as previous to the war. The G*r
man government must also make public
I quarterly a full report of steel pro
Drastic Penalties Provided
Penalties, the maximum of which is
i two years in prison and . a fine of
1,000,000 marks, are provided for
persons and firms guilty of violating
? the measures adopted by the German
I government against unlawful export of
r?pita'.. These measures were satis
i factory to the committee on guaran
A special department in the Ministry
j of Finance is to be c-eated. In it the
committee will be represented and
! must investigate all requests for trans
| fer of capital abroad before approval
lis made by it. Only persons in pos
', session of special authorization from
! this department may engage in_export
All export trade necessitating the
i transfer of capital will go through the
chambers of commerce, the members
lof which will deal directly with the
I special department supervising the ex
? port of capital.
In accepting the conditions Chancel
i lor Wirth said that Germany, after
profound deliberation, had decided to
?accept the conditions for the duration
| of the moratorium which the German
Instantaneous extermination of all
? Vermin; a remarkable method?no
, odor_no injury. Moderate charge.
i | Guaranteed results. Out of Town
- Work Executed.
Guarantee Eoterminating Company
500 FIFTH AVENUE \~5U?RANTB?D\
at -+2 nd Street New York
67S90 S*?tU 8392 5393
? X^FIFTH AVEl-JUE3*^ /*77
56?/i vS.r?*_? v *^FI FT H ?V?~N U E3^ ?*y$7t/* Street
Will Close Out
THE following groups of Spring
and Summer Fashions?this fur?
ther readjustment of many broken
lines enables us to offer these im?
portant buying opportunities.
GOWNS & DRESSES
Summer Cottons $18 Sports Silks $28
(Formerly $50 to $100)
Street & Afternoon Styles . . $45?$65
(Formerly to $150)
Handsome Afternoon <5_ Evening Styles $85
(Formerly io $195)
Original French Gowns. . . $75 & Up
Handsome Costume Styles . $65 ? $85
(Formerly to $195)
Smart Tailored Effects . . . . , $35
(Formerly to $125)
Cloth Coats and Capes . . $35 ? $55
(Formerly to $150)
Beautiful Silk Styles ..... $75?$95
(Formerly to $250)
Sheer Summer Styles & Handmade Effects $ 5?$8
(Formerly to $15)
Tailored and Sport Styles . . $10-?$15
(Formerly to $40)
government assumed would soon be
The conditions, the letter points out,
place a heavy load upon the Gorman
government, and their acceptanc? is
only agreed to by the government and
the Parliament on the theory that the
forthcoming decision on the repara?
tions question will constitute a defi?
nite settlement of the chief financial
questions which have been the subject
of negotiations between the commit?
tee on guaranties and the German gov?
The Chancellor says it. must be un?
derstood that the conditions laid down
by the committee and any additional
conditions which may be imposed in
connection with a moratorium must not
in any way challenge the sovereignty of
the German state or interfere with the
normal functioning of the government.
Dr. Wirth also insists that the for?
tunes of individuals and their business
organizations must remain secret. The
majority of opinion in French finan?
cial circle? expresses satisfaction with
the plan adopted. A few extremists de?
sire a more stringent control, but gen?
erally it is thought that that would be
more difficult to exercise without prej?
udicing the sovereignty of the Germar
Mandates in Syria
And Palestine Get
Approval of League
Take Effect Automatically as
Soon as France and Italy
Adjust Detail.?*?, Papal
Nuncio Is Disappointed
From Thr Tr-ibune.'a European Bureau
Copyright. 19?,2, Ne\r York Trl!>une Inc.
LONDON, July 22.?The Council of
the League of Nations agreed to-night
that the French mandate for Syria and
the British for Palestine be confirmed,
to take effect automatically as soon as
an agreement is reached between the
Italian and French governments on
details now under discussion at Paris.
Article 14 of the Palestine mandati*,
regarding the gunrdianship of holy
pinces, has been altered after detailed
discussion and the new text is sched?
uled to be published on Monday. These
are the last of the mandates under
the Versailles treaty to be put into
The Italian objections to the passage
of the mandates were cleared up by
Marquis Imperiali, the Italian delegate
to the council, who snid that as soon as
the Italian government knew that the
French wished to discuss the Syrian
mandate at this session of the council
it had arranged for diplomatic discus?
sions at Pnrls. Corroboration of the
surmise that the Italian 'objections
would not hold up the passage of the
mandate was furnished by the fact that
Imperinli wns empowered to ratify
both mandates, subject only to the
outcome of the Paria discussions.
LONDON, July 22 (By The Associated
Press).-- Monsignor Cerretti, Papa!
Nuncio nt Paris, who came to London
Thursday to present the views of the
Vnticnn to the Council of the League
of Nations on the Palestine mandate,
particularly the custody of the holy
places, through some misadventure was
not heard by the council. He made the
following statement to The Associated
"I anticipated that the council would
approve, the Palestine mandate, but did
not expect thnt it would do so before
giving me an opportunity to express
the views of the Vatican. I relin?
quished a holiday at Vichy to come
here at the telegraphed request of the
Holy See, and I naturally feel a sense
of disappointment at the council's
failure to hear me before confirming
"The Vatican considers the holy
places international in character, and
consequently the commission should be
international; it should embrace the j
representatives of all countries which
have special interests in the sacred
areas. We do not wont France or any
one country to dictate in these case?.. |
"The custody of these places has j
been under an Italian, a Frenchman
and a Spaniard, and recently an Eng-,
lishman, and it is only just that the
commissior should comprise members!
from these countries."
Major Blake Resume? Flight
LONDON, July 22. -Major W. T.
Blake, the British aviator who is at?
tempting to fly around the world, re?
sumed bis flight to-day from Karachi,
British India, where he landed last
Tuesday, says a dispatch to the Ex?
change Telegraph from Xarachi.
BEST & CO. PRESENTS
^Qavy and TMack^ T)resses
ADVANCE FALL MODELS FOR
WEAR NOW AND IN THE AUTUMN
Canton crepe, with.
pleated lower sleeve
of chiffon. Qraceful
buckle of the fabric.
Women's & Misses'
sizes. * . 5? .00
Canton crepe, in an
adaptation of an im*
port, with pleated
panels and jabot, and
flowers of rose-edged
ribbon. Misses' sizes.
S Summer wanes, che dark dress returns to favor, and women
who are buying now with a thought to the Autumn will
welcome this collection of new frocks in Navy Blue and Black?
twin "darlings" of the Paris mode.
Crepe Romaine, with a side drapery,
draped overskirt and tucked belt.
Misses' Si-res 39-50
Canton Crepe, with pleated panels,
and pleated apron effect across the
back. Women's & Misses' Sizes 3 ?. 50
Canton Crepe, with pleated and
tucked loose panels, deep ruffles in
sleeves. Women's & Misses' Sizes 45.OO
Canton Crepe, longwaisted, with jet
buckle. Pleated panels to simulate
godets. Women's & Misses' Sizes 55.OO
Heavy Canton Crepe, with narrow
pleated panels, and side draperies.
Women's & Misses' Sizes 55.OO
Canton Crepe (illustrated) with wide
skirt, panels, and .lowers of canton
crepe. Women's Sizes 35.OO
Crepe de Chine in a straightline dress
with narrow tucked panels and
buckled girdle. Women's Sizes 62.50
Crepe Romaine, in a draped model
with embroidered bands, and girdle
of colored links. Misses' Sizes 89 50
e?t $c Co
Fifth Ave. at 35th St.?N. Y.
* Established 187a
Cap and Fringe Hair Nets?Dozen, .95
5TH AVENUE AT 40TH STREET
Made to .Order
Ready to Wear
INTRODUCING NEW AND DECIDEDLY EFFECTIVE STRIPES,
TOGETHER WITH THE FAVORITE WHITE LA jERZ SILK
Neat Hair?ne Striped Silks.
Smart Two-toned Striped Silks.
Black and White Striped Silk?.
Satin Striped White Jersey Silk*.
Genuine La Jerz White Silk Shirts.
Satin finished Broadcloth Silks.
Plain White Broadcloth Silks.
The Seasons Greatest
Silk Hosiery Event
Staged on the first floor, center aisle, beginning tomorrow and con?
tinuing until entire lot is sold.
Nothing so unusual in the way of extraordinary values has been ?fteres,
this season, and because of the remarkably low price the assortment numbering
some 2,000 should be rapidly depleted.
Pure silk, fine gauze weight Hosiery with lisle tops?plain
BLACK WHITE GRAY
Also handsome allover lace patten-is in
BLACK CHAMPAGNE CORDOVAN
Two-toned drop stitch Hosiery
BLACK AND WHITE
CORDOVAN AND BLUE
BLACK AND BLUE
BRONZE AND BLACK
Regular Values 1.50 to 1.95
Another Recent Purchase of
Makes it possible to feature this high grade silk at
Which is less than former wholesale market price
Imported quality in a crisp, lustrous weave, featuring an attractive
range of colorings suitable for summer and early fall frocks. 40
Regularly 4.00 per yard.
Extra heavy ?II silk quality in
Navy, Black and street shades?40
inches wide. Early advices from Paris
quote Canton Crepe among ihe pop?
ular weaves for new autumn dresses.
Here is an exceptional value at
Crepe de Chines
Black, Navy and Silver Gray are
the colors most in demand for new
frocks, and this particular quality has
been specially purchased for that pur?
pose. The most e7;tensive wardrobe
is not complete unless it numbers sev?
eral crepe de Chine dresses among it.
Regular 3.50 Grade
Buy Now for Fall Suits
Navy Blue Serge
Less than '/_ Price
Less than V_ Price
16 Button Silk Gloves
Finest quality. Now Priced at
Heavy, lustrous Milanese Silk Gloves in White, Champagne and wanted
colors. Values ! .95 to 2.75
12 button Chamois Suede Lisle Gloves with smart spear point em?
broidery. In White, Black, Beaver, Brown end Gray. Off
Note:?Above are the lowest prices ever quoted
for these qualities.