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Norwich bulletin. [volume] (Norwich, Conn.) 1895-2011, February 13, 1920, Image 1

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NORWICH, ; C0NN,;. ; FRIDAY, ' FEBRUARY 13, 1920 j lf PAGES 1 54 COLUMNS .
I ' V 3 !: I 1:1 J I M &4 m it lil . . .
L. J V a f 3 liJs. - IS . t-5 i ! 3 1 1 Z t la IS " , Lm'
. 39 ;:-;r v
In Aaclress to the Farmers' Labor Cooperative Conference at
Chicago Gives Opinion That the National Debt Should
Be Discharged by Placing a Capital Levy UpoA Property
Would Graduate -Taxation Among the 2 Per Cent.
Owning 60 Per Cent, of the Wealth, the 33 Per Cent.
Owning 35 Per Cent., and the 65 Per Cent Who Own 5
Per Cent. Says We Are Striving to Escape From the
Duress Imposed by a Government of a Small Group of
L'ominant men, to uoiam ror wurseives independence
In Many Fields of Endeavor From' Which We Are Now
Barred. .
Chicafco, Feb. 12. Ddsahargejjf the
national debt by a capital ievy up
on property may be necessary, Glen
E. Plumo, president of. the Plumb
Plan League lor a tripartite control of
railroads said in an address here to
night before the Ail-American Farmer-Labor
Cooperative Conference.
"Our problem in meeting the na
tional dnbt". lie said, "is so to adjust
our affairs that the two per cent, of
th peoile owning sixty per cent, of
the wealth shall pay their per centage
of this indebtedness: the 33 "per cent. !
of the people owning 35 per cent, of
the wealth shall pay tiieir percentage
due-Trtn them, and that the 65 per
cent of the people who own five per
cent, of the wealth shaH not be re
quired to pay more than their pro
portionate amount of this indetoted-n.v-
' A we meet- this indebtedness by a
tax on industry, we distribute the li
ability to each man in accordance
with his purchasing power. When ail
Is said and done, we may be com
pelled to accept the solution already
adopted in Germany, and now con
sidered as inevitable in Giat Britain
' the discharge of the entire national
debt iy placing a capital levy upon
The Farmer-Labor Conference looks
to the estaiblisl'jsent of a cooperative
enterprise. Mr. Plumb said, embrac
ing every step from the production of
raw materials to collection, manufac
ture, storage and distribution to the
ultimate csumer. It is hoped to in
clude 4.(H0.000 men representing nip
wards of 28.000.00 citisens, in the
"We are striving to escape from the
duress imposed by a government of
a small group of dominant men,"- the
speaker said, "to tree ourselves from
a monopoly and rontrol of credit to
obtain for ourselves independence in
many field's of .-endeavor .from which
we are now-barred." .
J Tie prewni. Iinuiuuuiy w uicikib. uc
continued, "has projected lis into a
criss. economic, industrial political,
that convict the administration and
both political parties of absolute im
potency." . -
Mr. Plurr wu& those holding the
credit monopoly were "able to exhaust
the taxinSr power of the 'government
and devote funds raised for purely
governTnrenta expenditures to tae
profit of private industrial control."
Newport. R. I., Feb. 12. The secre
tary and the assistant secretary of the
navy and heads of various naval de
partment bureaus will be called as
witnesses by the naval court -of In
quiry which 5 is investigating condi
tions in 'the- Newport district. Judge
Advocate Henry I. Hyneman an
nounced today. '
' The iude advocate asked Attorney
F. K. Nolan, counsel for the Ministers'
union, to nupply within a week's time
"a list of witnesses he wishes called,
together with a statement as to what
he proposes, to show with these wit
nesses." and added:
"Counsel can exclude from that list
the names of the secretary and the
assistant secretary of the navy and
heads of various bureaus of the navy
department, because I intend to call
them myself."
It was said the court would probably
adjourn to Washington when the
naval officials are called.
London, Feb. 12. 'Most of today's
session of the house of commons was
occupied in a discussion of the motiou
of v illiam James Thorne, labor mem
ber from West Ham, in favor of a re
vision of the peace treaty, which he
subjected to severe criticism. The
most interesting suggestion emanated
from Lord Cecil that the league of na
tions should send two international
commissions to Russia to ascertain the
exact conditions nad to fixe the pro
visional boundaries of the border
Arthur J. Balfour, lord president of
the council, who made a general de
fense of the treaty and the govern-,
ment's share therein, said he feared
Lord Roberts' suggestion would not
result . in a new heaven on earth in
Russia. He also denied that "the gov
ernment was encouraging Poland in a
policy of adventure.
El Paso, Tex., Feb. 12. The senate
sub-rommittee investigating the Mexi
can situation suspender the hearings
here today. The only testrmonv taken
In public was that of Norman Walker,
formerly a correspondent ior The As
ociated Press.
He told the committee .that from
time to time for ten years the i-ef-v
dents of El Paso had been forced to
take extraordinary precautions to
safeguard their lives and property be
cause of the many attacks and rumors
of attacks on Juarez, the Mexica.n
town opposite EI Paso.
STIU. 400,000 STRONG
Paris, Feb. 12. The German army is
still 40(1,800 strong, according to a re
port received by tbe committee of for
eign affairs today from General Nies-
sl. nead of the Baltic mission. . In
addition, there are 100,000 policing ;,
forces, offlcers and non-commissioned ,
officers. (Jermany also is well supplied ;
with tanks, machine guns and air-!
planes. In the neutral zone alone on j
the right bank of the Rhine the po
licing forces number 15,009.
General Niessel adds that the Ger
man minister of defense, Noske. Is ln
the .hands of the general staff and
that the Oerman government is capa
ble, if willing, of obtaining execution
of the treaty clauses by the country.
He cited the" operation of the federal
reserve system in illustration; saying:
"Member banks aibsolutely control
the' distribution of credit which they
make to tmiividuals - in the commun
ity and directors .. o the 'member
banks ,re usually composed" of a
group of men who control the great
industrial enterprises of .that com
munity. - Such enterprises naturally
have a preferential call upon - the
credits at the bank within their con
trol. This if not backed by
real value, is an inflation of the vol
ume of currency., an inflation based
upon liability.
"I am' reliably informed that the
banks-of - this country have advanced
a bilhon and a half on credit on rep
resentations made of a supposed gov
ernment liability to the insurer of the
note. .These acceptances do not rep
resent goods received by the govern
ment or services rendered to it, and
the treasury has refused to acknow
ledge any government liability at all.
Yet hundreds of millions of dollars of;
federal reserve- notes have been . is- ;
sued against such bills."
The recent treasury department rul-
tag that federal reserve banks might j
carry Liberty bonds as assets at the
price paid when purchased was an i
"aimse", on national credit, . Mr. j
Plumb said, as many capitalists sub- j
scribed for bonds at par but iiever
paid for them. Such holders have de- i
posited the bonds with their notes for-;
re-discount, and federal reserve nates'
have been issued against these credits, '
he said. , 1
Mr. Plurrfb expressed the belief that I
the action of the treasury was un
constitutional and added that the re
tirement of all reserve notes issued
against these obligations would de
flate he national currency bv a bil
lion and a haJf.
Mr. Plumb ".'vigorously attacked
pending sedition legislation as "the
"first time the. law has undertaken to
declare that ah injury to property or
an act of hate against property con
stitutes sedition- againwt the govern
ment." .- a,.-:-.- ,. . ,-
The people have the inalienable,
UhaReraible and - Indefeasible , right to
change or alter ' their form ofjrov
ernment , whenever -the --happiness,
peace and prosperity of the people
require is' he said. ' "That unalter
able right is now threane,d It must
be preserved."
Hartford, Conn, Feb. 12. Hugh-M
Alcorn, state's attorney ' of Hartford
county, has been appointed .to conduct
the government's prosecution of Dr.
Edward A, Rumely and others charged
with concealing their purchase of the
New York Evening Mail for the al
leged purpose of aiding Germany in
the war. This announcement will be
printed in the Hartford , Courant to
morrow morning.
When told of the announcement. Mr
Alcorn confirmed it. He would make
no statement other than to say that
.he T??e wil! come on April 13 in
the I nited States court for the south
ern district of. New York.
Mr Alcorn has been in Washington
recently conferring with Attorney
General A. Mrtchell Palmer and As
sistant United States Attorney Harold
Harper of New York. The case was
to have come up Feb. 23. it was said,
but a postponement has been agreed
upon, 6-rrru
Dublin, ' Feb. 12 Robert Barton
Sinn 1-ein member of the house of
commons, who was arrested 1 ast
March, escaped from the Mountiov
jai was rearrested and again es
caped, only to be recaptured recently
"" trad today before a eourtmartiaL
h. j if against Barton was that
he delivered a speech in, which, re
ferring to the imprisonment of trie lo
cal Sinn Feiner Fleming, he said-
Fleming dies m jail there will be re-
trlll Y"?4 Lord French (Viscount
French, lord lieutenant of Ireland) and
Frank Brooke (member of the Vice
roy s advisory council), who will sufl
(er injuries as he did."
ffCOUr5 1:PServed decision. Barton
offered no defense. .
A report was in circulation after the
triat that Barton had been rescued
Th,s proved to be incorrect. Raiders
Intended to effect the released the
nT-S6r; bQt attaed the wrong 4r
WIS''. WM Carried to the J0 and
Dublin, Feb. 12. Nine Sinn Feiners
arrested in November last during a
raid on the offices of the Sinn Kein
parliament" were released from the
?liWelJlErri!0n tod,ay' They Eluded
John O Mahony. John - V aj
Frank Lawless, Sinn Fein members of
the British' house of commons
O'Mahony." speaking on- behalf of
himself and the other prisoners at the
trial, which resulted m the Sinn Fein
ers being sentenced to two months'
Imprisonment,: claimed that the court
had no legitimate jurisdiction.
ice CRussec mail' boat
Rockland. Me.. jPeb. M. Th. m.f.
mail -boat. Btriee. aitf-ssinjc sisc Jon
29. was cruh-d in Arif ting . iee and '
went dowr, (rtth . her ere . Th
came certain today when some ot the
mail bags koA the upper part of th
boat, showing its name. Ware washed
ashore on Oreen Island near Vlnal
Haven. .''',
The crew eonsiated of Captain Bur
ton Wallace asd Kurwxrd' Ames of
Matioieas and Leo Hopper of Port
Clyde. They were bound from this
port for istenda tea mites ewt.
Lincoln Day Address
By Secretary Lane
On Attitude Martyr President
Would Have Assumed To
ward Problems of Today.' -
Philadelphia,"- Feb. 12. The attitude
Abraham . Lincoln . would, haiie , as
sumed towards problems now con
fronting - America was discussed by
Secretary LUane in an address tonight
before the Philadelphia Lincoln club.
"When- people - today talk of rev-'
lution in the United States," declared
Mr. Lane, ''they meet an answer in
the words of Lincoln, who said: "In a
democracy wher the majority rules
by the ballot through the forms of law,
physical rebellions are radically wrong,
unconstitutional and are treason.'
"Lincoln believed that the supreme
achievement of civilization, the climb
that we, haveibeen making through ten
thousand years, was the fact that the
wilfulness of the few" had .become sub
lected t othe lawfulness of the many."
"If Lincoln looked out upon the
World and saw the sad state in which
It is," said the secretary, "I am con
vinced he would believe that there
should be a council of all the nations
sitting in Europe at this very time
tions and for the restoration of the
peoples. The League of Nations or
no league, his great soul could not dis
regard the call of humanity; could not
refuse the challenge of the occasion;
could not see hope for American tri a
disordered world, arid he would bear
his part in lifting to their feet those
who are in distress, whether friends
or enemies.
"Surveying America with its contin-
Uous picture of a discohtertted labor.
I am sure that he would hold that
there can be no lasting economic life
where the employed and the employer
regard each other as enemies, where
the philosophy of unending warfare
is accepted as the shifting foundation
of our industrial life; a plan of exist
ence in which the women and the
children of the workers, the ' mass of
society, the .public, are the supreme
sufferers. . He would regard it as the
commanding duty of our time to find
the way, the gradual expanding way,
in which the methods of war these
methods of economic war would be
abandoned, arj . in their . stead, the
Jvay of a growing law be substituted.
But the miracle of satisfying all, he
would not attempt to work, for he
put our situation clearly when ho
said: 'What's the matter with my two
boys. Just what's the matter with the
world, I have got three walnuts and
each wants two.'"
Henry B. Endicott.
Boston, Feb. 12. Henry B. .Endi
cott, shoe manufacturer, and state
food administrator and executive of
lie safety during the war, who was
widely known as an, arbitrator of la
bor disputes, died at a hospital in
Brookline tonight. He returned from
the south a few days ago, when an
illness developed requiring an opera
tion. The death was unexpected and
was directly due to meninigitis. Mr.
Endicott was 66 years old.
Mr. Endicott was considered one of
the biggest personal forces in the state
during the war. His success in settling
labor disputes was said to be un
paralleled. A strike of terminal em
ployes at the Boston and Maine railT
road, which threatened to tie up the
whole system; textile disputes in Law
rence, Lowell, Haverhill and Fall
River; a suspension of the shoe indus
try in Lynn because of labor troubles
that lasted five months in 1917, and
the strike of several thousand Boston
T-, . , , . : , .. 1
in 1919 were adlusted mainlv through
his efforts.
President Wilson personally ocmpH
mented Mr. Endicott on his efforts
during the war and appointed him a.
member of the industrial conference
which met in Washington last Octo
ber. . As a member of the Endicott-Johnson
company he was one of the largest
employers of labor in the country, and
was said never to have had a strike in
his factories.
Mr. Endicott was bora in Dedham
and always maintained a residence In
that town. He 4 t entered the wool
business in Boston and later became
interested ln leather. Besides his, in
terest in several large shoe factories,
he conducted tanneries in Maine ana
in this state. . . -,'-'.-' "
" Julros Cnambers. ,
New Tork, Feb. 12. Julius Cham
bers, widely known newspaper man,
short story ' writer, exploded ' : and
playwright, died tonight of pneumo
nia. ,- He was born in Belief on taine,
Ohio, in- 1847... - -
Mr. Chambers entered the news
paper field after his graduation from
Comf!ll ilJni-rersfty and was asso
ci-ad with several New York dailies.
He " established the - Paris edition of
the New York Herald in 1887, having
been that papers correspondent at
arfawig times m London, Paris, Ma
drid and Havana, - In 187? he fitted
oot an exploring expedition which
discovered Elk Lake, Minn., headwa
ters of the Mississippi river. He was
a member of . the National Geo
graphic Society and a Fellow sf the
Royal Geographic Society of England.
PresidentolSee ;!
Men Will Askj For. Assurance
of Reduction in Cost of Liv
ing or, Increased Wages. ;
Washington . Feb. 12. : President
Wilson" will - be asked ; tomorrow by
spokesmen for the more than 2,000,Q9
railroad employes that definite assur
ances be given of an' tmmediate reduc
tion in tne cost of livmg. leaders m the
wage negotiations declared tonight. As
an alternative, the union " representa
tives will elaim; increSBed wages, de
mands -for which were not pressed at
Mr. Wilson's "request last summer. :
Representatives of the workers,- it
was 'intimated tonight,- bass their' hope,
for higher wage's ' largely ' on" the . in
crease in the cost of living- since the
last general wage increase in 1918.
The' cost of living question: while al
ways to the -fore in the" negotiations'
which the union- men have -had with
Director General Hines,, will be em
ployed to the full extent of tne unions;
power ;in' the corifereriee with the president,-
it was indicated. " ' 'Z
Immediately after the annouhcement-
from The W hite' House that the presi
dent would see a union committee oj
three personally, 'a meeting 1 of ih
union heads interested in , the "con?.
triversy was called and preparations
were begun, for, possible presentation
ot verbal claims in amplification of the
written, statements submitted through
Director General Sines. ' The employ
esr will be represented by B. M.. Jewell;
acting president of the Railway. Em
ployes' Department, American Feder.;
ation of Labor; E. J. Manion, president
of the Orderof Railroad .Telegraphers,
and Timothy 'Shea, acting president of
theBrotherhood of' Locombtice -Fire-;
men and , Enginemen. The conference'
will be held; on the: south lawn of the
White Housewhere Mr.: Wilson spends
a portion-oOhis? mornings. .
. Thers was .unmistakable evidence' "to
night among the union officials of . a
fear that the' president "would refuse
to grant their -wage demands. A few
said frankly they could see- no hope
to a settlement favorable to them. The
view seemed to have been based on
the arguments offered in rebuttal by
Mr. Hines as the union leaders pre
sented new claims or proposals.-'" i
Director General' Hines in trans
mitting data , on the controversy to
President - Wilson today.was ' under
stood to have made, "suggestions" rel
ative to a final disposition on the
problems. These, however, did not
take the form of definite recommenda
tions, it was said. "Union leaders had
knowledge of what Mr.-Hines' stand
was and they were understood to fear
the president's decision would follow
closely along the sam lines.
The director general in his confer
ences with the union heads told them
that he could not grant their demands
because of the early termination of
I fede,ral control and : explained that
pending legislation', passage of which
was expected, would set up machinery
which would provide "impartial and
unbiased" handling of the wage claims.
The union argument to this was. that
they were thug compelled to face an
other daley with no assurances of re
lief. While the controversies with, the
other unions were quiescent because
of a switch in the center of interest
from the railroad administration to the
White House, Mr. Hines conferred
with representatives of the Brother
hood of Maintenance of Way Employes
and Shop - Laborers, who have, called
a strike of their 300,660 members
Tuesday, officials of Brotherhood of
Railroad Station Employes and chiefs
the longshoremen's union.
The conference with the mainten
i -ie ' wttj worKers resulted nw.
ance ot way workers
i tlcaI1-v ln. Pacing their demands in the
same category with those now hfnr.
the president. Mr. Hines told the com
mittee frankly that he would .not
agree, to their demands'for hither
at this time but informed them of. his"
willingness .10 leave tne case open
pending decision of . the president.
Differences between the railroad ad
ministration and the station employ
es and longshoremen were -understood
to have been settled Several days ago
but Mr. Hines. told them at ,that time
he . would discuss their grievances
further whenever they desired. P. J.
Coyle, president.of station employes!
said . after, the .-conference . he had not
been given what . he. "intended get
ting" ' but that the question had not
beett disposed' bffinally; - . .
Senate Appreciates: President Poineare
- Paris, 'Feb.; 12 (Havas'); The senate
today adopted a formal, declaration
that President Poineare "deserved well
of the country." A similar declaration
was adopted toy the chamber, of.depu?
ties on, Tuesday '-,', ",' , ' ; ,
Tt is far better to haver' a policeman
call you down than take "you --up. .-
For the last' sixteen years he had
written for - the- Brddklyn Daily Ea
gle, f A'widbwand soft sufvive1 him.;
. Charles E." . Laurtat.. '. . .-.. 'i
Brookline , Mass., : Feb. 12. Charles
K. -Lauriat, - president - of the CharLes
E. Lauriat- Company,, publishers and
booksellers of -, Boston, . died . at - his
home here- tonigrht. ' Hi was born In
Boston In IMC.
v Condensed ; Telegrams
' A ; pnerI strike has? been called
throughout Bulgaria. . ?-
The first race f er the America's cup
would be . hqfd on July 15. ,
- General Pershing if to make a mil
itary tour ,of inspection' in New Bng
land shortly. ' ; . ;
President-Wilson accepted -the res
Ignaitioh af Henry P.vFleUjher as am
bassador to Mexico., , - i
,.An .unprecedented demand for golf
bals, indicates there will toe a record
breaking play this year.
Mils 'Bessie Tilson Capen.'aged 8L
pnn?ipai of tne . Capen . School for
yirts, , died at Northampton. '
-For the second time within a week'
flour dropped 50 cents a 'barrel! at the
market at Minneapolis, Minn.
'Advices from Teneriffe, Canary ll-
ianus; report tnat a severe gale is rag'
ins. Some ships have (been sunk. ;
Enactment of the oil land leasing
bill was completed with the aVrpition
of tJie conference report toy the senate
The influenza wave in Boston' city
and generally . tihrough northeastern
Massaqhusetts.'ha? passed its heigiht,
Senator John' J.' Boyland, democrat.
of New York, introduced a tna to pro
vide for the abolition of canital pun
ishment. , :
The receipts of the French treasury
for the month, 1920, totalled 885,449,
900 francs, as compared with 533,838,
800 .francs in January', 1919. ,
Nineteen members of the crew of
tbe Norwegian ' sc-booner Poile, wreck
ed 4ft Bahama Banks, hftX; been land
ed at Isabella De Sagua, Oulba.
In sending President Wilson a wild
turkey, S. B. McMaster. a Columibia.
S. C, - sportsnwn, violated a sta.te
game law and was fine ten dollars.
.Two hundred thousand men em
ployed in chemical factories, includink
60,000 workmen in pharmaceutical
plants, are on strike-at Milan, Italy.
- Hamburger steak will not be bought
for the men of ttie.. navy. hereafter, be
cause "there" S're so many opportunkies
for introducing iow:-grade products.
War-time beat and light regula
tions may be necessary in Massachu
setts, and possibly in the rest of New
Bngtand, as a result of the coal short
age. ( -
The Massachutts board of arbitra
tion has tied a decision with the" shoe
manufacturers of ' Brockton, granting
sole leat,". workers a masjmum raise
of. tt. -'. :.'.' - -
Dr. Harry J. Tate, 30 years of age
of Pittsfield,. Mass., city , physician
and captain . in the United' States
army Tin the world wardied of pneu.
monia. . .;.:' ,,
The presidents of all the workmen's
syndicates i'of yalencia, Spain, were
arrested., . The .headquarters - of the
organisationwas -closed bv the au
thorities. -"---vr --
'"Two women -are ' members f the
government assay . commission which
started testing, the" fineness of coins
miitKed during -1919 at . the Philadelphia-
rotate, - k-i-'t ! ". '! ; i
: Owing to mm' fact; that so. many
mero'bens of -toe . facuSty and students
at.Hblvr Cross, college -am ill with colds
it is, impracticable . to continue classes
for the present. . ' j
Henry Do rra nee of ' Plainftel-d was
elected president of he Sheep Breed
er', association of Connecticut at t-he
annua,l meeting held in Hartford last
night. - '
The first mail to Mexico direct
from Germanv since the beginning of
the war . aarived at Vera - Cruz on
board the German steamer , Marie,
from Hamburg. " . ,
H. H. Ford a Lawrence, Mass., bar
tender' was held in 11,000 bail-, for al
leged . violation of the prohibition law
by Federal agents disguised as work
ment in overaills. .
Fire broke out in an ammunition
dump belong to the British army at
Bethune, - France, in which five
thousand tons at munitions of all
kinds are stored. .........
Firs which followed tbe breaking of
a gas pipe in the . cellar destroyed
much of the ireterior of the Portches
ter' Inn,, on the Boston post road in
Portchester, N. T.
: Two super-dirigibles, the largest in
the world, are planned by tne navy,
and one of tftiem now ' being (built in
England.' wtiJl attempt a trans-Atlantic
flight next fail. - ,
. In Roma Italy, schools have been
closed because of -the increase in the
influenza, eipidento TJ-.Vrcl tar Wt
deaths on the average., every day from
this disease in jme.
. In Ms election campaign speech last
nigit at Paisley, former Premier As
quith characterTsed the king's speech
at the opening of the parliament yes
terday as a colorless document.
The railroad administration inform
ed Mayor Peterson of Boston that
steps would 'be taken at once to re
lieve the ' shortage of coal which
thratened to -. force the closing of
schools. .
' Plans" far 4 the establishment . of a
government whiskey dispensary were
taken by United States Attorney Ross
of Brooklyn because of profiteering by
druggists and the poor quality they
have sold.-
Dollar bills autographed by Alexan
der Berkntan while he and 24S other
Russians : were 'being .deported on the
soviet ark Bnford were brought to
New York by,' Martin Berkshire, immi
gration i Inspector.! ,,.,,,."
The Boston and Albany railroad de
clared an embargo on shipments from
AJbanf 'and Rerisselear, N. Y., except
livestock, perishaible freiefht anthracite
and biturrnnouis'-' ooal,7; foodstuffs and
newsprinjl paipers.; -. ' j
Telegraphie orders havs been i sent
out by the department of agriculture
prohibitSng' sale of canned olives from
certain lots whksh ' department in
spectors believe have caused recent
deaths in various cities. '.',',.'
T arevent the entry of boll worms.
'into .this country in cottonseed, mixed
with corn, imported from Mexico the
.department, of agriculture is consid-
ertrtg the prohi'mtion or MmitaMon of
iorn imports from that country.
mm IS
Secretary Houston Announces That the Last of the Short
Term Certificates of Indebtedness, About $60,000,000,
Will be Redeemed on Monday Does Not Agree With
V Men Who Forecast a Financial Crash Claims the De
pression in High Grade Securities is Due to Selling by
Foreign Holders Estimates That Europe Has Received
Approximately $4,000,000,000 From This Country
Since the Amistice Was Signed.
Washington, Feb. 12.- Confidence
that Europe's monetary problems will
be settled satisfactorily was expressed
today by Secretary Houston fn a re
view, of the. international financial sit
uation. , ,
This country is constant!- fii-nisii-
ing Europe capital with which to re
construct the economic lite .i
there, - said Mr. ' Houston, explaining (
that advances are being made in the j
same way- that. Europe aided this
country in time-of depression in the:
past, not by government loans so much :
as by indirect methods, such as private
loans, sale of 'surplus army equipment,
and the absorption of high grade in-
vestment securities offered in markets ;
here by European holders. The secre-
tary estimated that rurope had re-
ceived approximately $4,000,000,000
from this country since the armistice
.was signed. . s
The position of the United States!
treasury was said. by. the secretary to;
be very strong and on Monday the liist
issue of "loan" certificates of indebted- j
ness, about 860,000.000, will be redeem- I
ed, leaving no outstanding floating j
lean in the sense of short term certif- :
icates requiring to be refunded at ma- !
turity. , Tax certificates outsanfling
amount io S2.935.949.500. all of. which !
will be paid by forthcoming income i
and profits taxes. j
Altogether, Secretary Houston de-
clined to agree wtih the pessimistic '
view of some public men. who fore-
cast a financial crash and asser.ted
that while . there were many . difficul- j
ties' to be overcome, there was nothing
in the jiitii.ttion to be regarded as ex- !
tremely grave.
Secretary Houston's statement fol- j
lows in part: j
"The rapid reduction of government j
expenditure and realization of the sur- 1
plus stocks accumulated for war pur- I
poses have been important' factors in !
making possible the reduction of the '
floating, debt and the-gross debt of
the government in the -.past five
months. The result of the elimination
of- loan certificates and the great re
duction in .the floating debt and gross
debt have both been contributed to by
the application to the payment of loan
certificates of an important part of
the balance in the general fund, which
it' had been necessary to retain at a
high figure- as long as -the loan cer
tificates; were outsariding in order to
provide for these' frequent maturities,
and which it was possible' to ""reduce
Washington, , Feb. 12. (By The A.
P.) , President Wilson is "understood
to have decided on the appointment
of. William Phillips, assistant secre
tarjr.of state, as minister , to The
Netherlands.' .. f '-'-'
The nomination of Mr.1 Phillips,
who will arrive in New York within
a few days after a trip to England
made necessary by . the illness there
of Mrs. Phillips' mother, is expected
to be sent to the senate soon, per
haps together with the nomination of
Robert Underwood Johnson of New
York, recently selected as- ambassa
dor to Italy.
Changes in the diplomatic service
which have occurred since the ending
of the' world war, had led to numer
ous reports that Secretary Phillips
would be offered a foreign post, the
vacancies of minister to China and
ambassador to Italy being mentioned.
However, these reports had been dis
counted by the general belief that
Mr. Phillips desired to retire to re
cuperate from the heavy work of the
state department incident to the
The legation at The Hagiie has
been without a minister since last
October when John W. Garrett of
Baltimore resigned.
Secretary Phillips, whb is a native
of Massachusetts, entered the di
plomatic service fifteen years ago as
second secretary of the legation at
Peking. With the exception of two
years, 1912-1914, wheti he obtained
leave of absence and served as secre
tary of the Harvard University Cor
poration, he has been connected ever
since with . the diplomatic Jiranch of
the government. In 1908 Tie acted as
chief of the division of Far Eastern
affairs, leaving that office to become
third assistant secretary of state.
' When the democratic administra
tion came into power in 1913, Mr.
Phillips, although a republican in
politics, was asked to. accept the of
fice of third assistant secretary of
state, owing to experience in diplo
matic matters. He was made first as
sistant secretary when Frank L. Polk
was promoted from that office to
counselor, .
"New Haven, Conn., Feb. 12. There
will be no news issue of the New
Haven Journal-Courier tomorrow. It
wiH run an edition containing a notice
that "owing to the . violation by tlie
typographical union of their contract
with the New Haven -publishers" there
will be a temporary suspension ; of all
four daily papers, itself included. Tne
notice will be on the front page and
the other three pages will be blank.
The mechanical force of the Journal
Courier was at work tonight as usual.
The publishers state that there is
nothing further to add to . the notice
already given. .'
None of - the union members who
have resigned their places would make
a statement, and none of those who
were at work today expressed any
wish to comment on the situation.
Boston, Feb. 12. The three largest
New England rai)roads. today han
dled, nearly 300 cars o'f coal at differ
ent points "along their lines, it was
said tonight, : , -
W. L. Lamoure. chairman of - the
New England sub-committee on coal,
tonight promised - to - this - city four
cars 'idaily for three days for use by
the schools and hospitalswhich have
felt the shortage keenly.
greatly in connection with their retire
ment. '
"Although the treasury will, of
course, be .obliged to borrow from time
to time to meet the current deficit in.
the intervals between income and
profit tax installment payments, and
the current requirement of the War
Finance Corporation the fact that the
treasury 'has no uncovered maturities
is of immense importance.
"The position of the treasury today,
and the future of the market for the
outstanding issues of Liberty bonds
and Victory notes is very bright. The
whole color of the picture would, of
course, be changed if congress should
rmhark upon new expenditures on a
large scale. The whole problem to
day is that of giving the people time
anil .511 CQa fartitu) a, iff iricTit in an
able them to absorb that part of the
war. is-sues which is still owed or
loaned upon by banks aJid" as well the
flood of securities which are being
pressed upon our markets from foreign
sources in consequence of the extreme
depression in European exchanges.
"In that connection, it is interesting
to observe that the depression in high
grade investment securities in this
country at the present time is to a
very important extent the result of
heavy selling of such securities in our
markets from foreign sources. By ab
sorbing these high grade investment
securities, the American people are
furnishing capital to Europe at a
time of Europe, reed and are giving
this help in just the way that Europe
helped America in the period of Amer
ica's growth and of her own monetary
troti hies.
"Yet in those day Europe was f9r
better able to meet the relatively small
demands of America than in Amer
ica now, burdened as she is by gov
ernment expenditures since the begin
ning of the war to the aggregate
amount of about $36,700,000,000; to
meet the stupendous demands of
Europe today,
"1 am confident that the solution of
Europe's problems will bp found by
the wisdom and courage of European
statesmen in facing the monetary dif
ficulties imposed . upon them by the
great war and by the enlightened,
sympathetic and friendly co-operation
of the business men and workmen of
America a:nd Europe when peace is
restored and the hope and fear of
government -interferences are remov-
Chicago, Feb. 12. Six conferences,
attended by 2.000 delegates and al
ternates, representing woman voters
of the north, south, east and west,
were held today, preliminary to "the
opening tomorrow of the final con
vention of the National American
Woman Suffrage Association, and the
initial congress of the League of
Woman Voters. - - .
The purpose of the conferences waj
the formulation of a legislative pro
gramme, and the topics discussed to
day were American Citizenship, Pro-
Welfare, Food Supply and Demand,
Social ' Hygiene . and Unification oi
Laws Concerning Women.
This convention marks the dissolu
tion of the suffrage association, and
the taking over of the woman voters'
interests by the League of Woman
Voters. The dissolution of the asso-.
ciation does not mean that the work
of obtaining the. ratification of suf
frage by the necessary thirty-six
states will be stopped or diminished.
Thirty-one states have ratified the
suffrage amendment. '
"Our headquarters will remain In
tact Jintil the other six states are
secured," said Mrs. Carrie Chapman
Catt, the president. "We expect Ari
zona. New Mexico and Oklahoma to
ratify before .the convention closes,
and Delaware. West Vire-inia anri
Connecticut are our hope for the ad
ditional three states."
Washington, Feb. 12. Passage of all
appropriation bills within the next six
weeks, as a step toward early ad
journment, possibly in time for the
June conventions, was decided on to-'
day by the house steering committee,
which discussed the whole question
of governmental economy. Senate
leaders are understood to have prom
ised their co-operation in the 'legis
lative programme.
Continued economy in the reduction
of all appropriation measures was
urged by all of the committee mem
bers. The quetion of bonuses for ex
soldiers may be referred to a special
house committee or to a joint com
mittee of both houses and senate, but
members stated that no definite pro
gramme to hear advocates of addition
al bonuses would be mapped out un
til later.
Washington; Feb. 12. The new rev
olutionary government at Vladivostok
is very friendly to the United States.
Major General Graves, commander of
the American expeditionary forces ln
Siheria. informed the war department
today in a despatch which also said
trmi iauivofii.uK. was quiet ana mere
was apparently no desire for revenge
on the part of the revolutionists.
The zemstvos are in full control,
with MedvedefT as president. Genera!
Graves reported. The number of ths
revolutionists, including those, nt
Vladivostok and Nikolst was estimat
ed at 15.000.
The revolution brought great, re
joicing on the part of a great malorlty
of the people. General Graves said.
- . ,
Schleswig Plebiscites Delayed.
Copenhagen. Feb. 12. The interna
tional' commission having in charge
the plebiscites to determine the status
of Schleswig has decided to postpone
the voting in the second zone to March
14, it was announced today.
The self-made man is often the or--ly
one who is satisfied with the job.
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