Newspaper Page Text
Plan for League to
Handle Credits Is
Heard at Brussels
financial Congre?. Names
Committee to Consider
Various Schemes to Han
?lie International Business
? BRUSSELS, Oct. 2 (By The As
??oci.ted Pr?ts;.--consideration of
i another world-credit scheme occupied
the International Financial Conference
?hit morning. It was presented by Dr.
j T<We-M_uh?ii, a delegate from Holland.
Hi?*, proposal was that the question of
international credit be handed over to
the League of Nations, which would
1 appoir.t a central committee on cora
- men.?I credits.
i, The countries desiring to use th* fa?
! c.iitio.< of this committee would com
in '.'..?-a: to it the nature and extent 01
??<?pecum.es? they would pledge foi
??'-'.'its t? importers. If the securitie?
Were approved the central body woulc
n> ?h' amount of ciedit to be giver
and t\t ?>ague of Nations would issu<
intj'ri-'st-heoring bonds to the amoun
? ~ " t'r***it furnished.
?. These boiuU could be used as coll?t
eral T'cuiriry either at the bank of th.
?urcha? *r or by direct transmission ti
fii^cWillftr? in payment for his pur
The only difference between thi
Bclu'?Hi feud the one presented yester
P?Ofy l'f'.ii.fi Delacroix of Belgian
|is trat this later.p'an comprises rev
><ni" ?r?m taxes among the things tha
'muy Se pledged.
Brazilian Makes Proposal
J.trlio Barbosa Carneiro, Bra/, il i a
cei.gate. ami Albert.. Brancas, of Ar
g^ntir.rt, proposed to the conferenc
the organization of an internation?
financial institute. This body wou!
b;t' in Geneva permanently under th
*hu ?? pieo s of the League of Nat) ma an
matte recommendations regarding <h
'a,:;;, r. -o bt tal in hy the league rr
?petting the financii '. policy or cond:
ton of any nation that might threate
*a mu national financial crisis.
T.? ' mbtitute would also study th
.fin?f .Ts and ecoi^inics of the wori
?t and -distribute ir.formatio
o' interest to nil countries.
Thr critica! and decisive pha?e (
the conference bogan this afternoc
who** the last speakers were heard i
open session and President Acor r<
iferr'ed t!ie question of internation:
ci'i"!'t. to a special committee. Th
'cornu*!; tee comprises Colonel Ralph 1
He.-., Unit d States; M. Avenal, Franc?
Henry Bell, Great Britain; Julio Ba
,besa Cameiro, Brazil; Alberto Brai
Ci.". Argontina; Dr. Alphonso Cost
?"Portugal; Marquis De Cortina, Spai
a-i.! Herr Urblg, Germany. The con
h?ittee convened immediately.
Hope for Workable Scheme
A number of the delegates inform?
The Associated Press they believed tl
committee would recommend son
workable system of international cre?
its. Some won- in favor of the I
In Groix plan, others the proposal pr
,?. Led by Dr. Ter-Meulen, while a fe
lei.?-.:. :? th os involving a new, com.pl
c.?.*:?.i and expensive organization, whi?
nv-o'.'.! be likely to encounter the ho
?Uli.' ".' bi nks.
T!. y consider '.ha*-, it is possible
? banking systems of tl
?differ? ;;! countries in an internation
?ai ut its cost and trouble
?plish the same purpose. Tl
delegates were non-committal regar
he work of the committee, as th?
had be^n adjured to keen the deliber
i.?.- i absolutely secret.
Keor, of the Federal Economic E
p ,.tt nt of Switzerland, was the 1?
b,*e.i!icr on international credits. 3
?r?(! an inquiry into the results
the United States and France of expe
ment, in institutions to facilitate c
M-. Avenal, France, expressed sat
|bn at the harmonious and effecti
we? of the delegates. He said tl
gold yo longer played its part in int(
national exchange, and something mi
bj Set Up to replace it. That substiti
). i..-:.' i,ot be as a distribution for chi
^ity, hut for needed credits for sa
A.Trto Brancas, Argentina, spc
_t length in the same vein.
Scores of Live? Lost
In Japanese Typhoon
120 Injured and Heavy Property
Damage Caused h y Storm
Around Yokohama ,
TOKIO,'Oct. 2 (By The Associated
Press).-- Scores of persons have lost
their lives and widespread property
damage has been done by a typhoon
which struck the eastern coast of Ja?
pan yesterday. The storm centered
around Yokohama, whore forty-four
Japanese were drowned or killed by
falling walls and 120 were seriously
injured. Seventy-three houses were
destroyed, forty-eight damaged and
fi.000 flooded. A score of fishing boats
foundered in the harbor and nine men
were drowned. Residents in the for?
eign quarter, on the hill above the city,
Thousands of houses were flooded in
Tokio and five persons were killed dur?
ing th? progress of tho storm. Reports
from the provinces say that many have
been drowned, sixteen having perished
in n village in the prefecture of Ibaraji.
Railroad and wire communications
have been interrupted.
British Capitalists Seek
Control of German Ships
Plan Declared Only Temporary
Measure for Fulfillment of
Treaty of Versailles
From. The Tribune's European Bureau
Copyright. 1920, New York Tribuno Inc.
LONDON, Oct. 2.? Reports from Ber?
lin that British capitalists are scekinp
i to obtain control of ah shipping h
the Danube are confirmed here, will
the explanation that this is only a tem?
porary measure to be carried out ir
' fulfillment of the terms of the treat)
of Versailles. It is said that the Britons
are trying to dominate not oniy th?
lines in Austria and eastward, but alsc
those in Germany.
It is said that this control is neces?
sary because neither Germany not
Austria is able to furnish the capita
; or the men to keep the traffic moving
, It is said officially that the British have
no intention of assuming pcrmanen
direction of the river shipping.
Suits $30 in London ;
Tailored Overcoats $22
Clothes Makers Say High Prices
Have Passed Because Pub
lie Refused to Pay
From. The Tribune's European Bureau %
Copyright, 197'0, New York Tribun? Inc.
LONDON, Oct. 2..Prices of men':
suits are falling rapidly in London
Fashionable Sackville Street tailors ar
cutting from $15 to $20 from th
charges for the best winter suits an<
the average prices for a suit for a wel
dressed man this fall will be about $31
"The end of the high priced suit ha
come," said one Bond Street tailor to
day. Another declared: "The topnotel
in prices has been reached."
Overcoats are being offered by som
shops at $22.50. Last year the price o
men's suits ranged from $52.50 to $7C
the highest in London's history. Th?
drop this fall is attributed by clothier.
to the refusal of the public to pa;
Germany Will Oppose
French Annexation Plai
Reichstag Interpellation Pro
posed Regarding Colonies of
Togoland and Kamerun
BERLIN, Oct. 2. Newspaper dis
patches saying that France intended t
annex the former German colonies c
Togoland and Kamerun will be the sul
ject of an interpellation in the Reichs
tag by the German Naticnalists, a?
cording to a semi-official n< ws agenc;
which says that such annexation woul
be in direct conflict with Article 22 c
the peace treaty, and that German
would never recognize the right of th
French government to take such actioi
The statement adds that the Germa
government naturally leaves nothin
undone to preven?an interpretation <
the treaty which would justify France
Commission lo U. S.
To Better Relations
America-Japan Society Con?
siders Sending Delegation
to Discuss Proposed Alien
Legislation by California
TOKIO, Oct. 2 rBy The Associated
Press).--The America-Japan Society
has appointed a committee to consider
| possible steps to ho taken to Jmprove
i the relations of the two countries, and
I some idea prevails of dispatching a
1 delegation to the United States. The
! executive councils of the American as?
sociations of Tokio, Yokohnma and Kobe
also are deliberating on the American
question. Some officials in Japan favor
sending a special commission of Japa?
nese to the' United States as son as
possible, although the position such
a commission would be expected to
have is vague and undefined.
The impression exists here that
Japan is preparing to propose a joint
high ' commission as a last resort, in
*he even', of failure of the diplomatic
pourparlers to find a solution of the
Former Premier Okuma's recent
condemnation of the indifference of
public opinion with regard to grave
questions afTecting the nation's in?
terests has hcen followed by official
utterances calling attention to. the
necessity of maintaining cordial rela?
tions between the classes and of direct?
ing public thought so as not to harm
the social order.
The spread of tho new Shinto re- j
ligion, Omotokyo, which popularly is !
supposed to preach socialistic and even
anarchistic ideas, under the cloak of :
loyalty to the imperial house, is
cited as dangerous to society and ;
alarming to the military authorities
because it is affecting many officers
and men of the army, especially the :
| reservists. The opposition politicians
i claim that, despite the fact that it is
i fortified by a majority in the House of ;
j Representatives, the Hara Cabinet is
! unpopular because of internal condi
' tions, including uneasiness concerning
tlie economic and financial situation
i and high prices growing out of un?
French Labor Refuses
Domination of Moscow
Majority Program Adopted hy
1,178 to 602; Favors Super?
vision of Industries
ORLEANS, France, Oct. 2. --The-'
French Federation of Labor to-day
adopted a majority declaration of pol?
icy, by 1,478 votes against 002, for the
minority resolution which declared for
the .Moscow Internationale and coop?
eration with the active revolutionary
The majority declaration reiterates
the policy of "complete independence"
for itself and other similar national
organizations. It declares unreservedly
that its revolutionary objects are ''in?
compatible with present institutions
and with capitalism and its political
Jt proposes immediate nction for su?
pervision of industry and commerce by
the workers, to be sought by direct ac?
tion; urges an intensive campaign-for ,
nationalization of essential industries
and calls on the International Feder?
tional of Labor for united action to ac?
complish social transformation. ?
The declaration points out that "the
revolutionary temper existing through?
out the working world is most propi?
tious for the agitation of such action."
It approves the organization of tho in?
ternational labor bureau as designed,
to spread unionism, promote legislation
and furnish statistics. Sympathy and
encouragement are expressed for the
Italian workers, and indignation toward
the French government, "the servile
instrument of world reaction."
Spanish Parliament Dissolved '
MADRID, Oct. 2.--King Alfonso to- :
day signed a decree ordering the im
mediate dissolution of Parliament.
WILLIAM AND MARY DESIGN
Elegance In Phonographs
William and Mary Furniture is growing more popular every day as an ideal
design for combination living and music rooms. The above illustration is one of
our many cabinets in this period.
411 Fifth Ave., Comer 37th Street
Headquarters for Columbia Gt-afono.as a?.v3 Records
Cut This Coupon Out and Mail Tonight
Widener'i Columbia Shop
Fifth Ave., cor 37th St.
Tel. Vanderbilt 497.
Without any .
obliga tion ?
w h a t sot ver i
on my part, *
send me photographs and ilescrip- 1
tions of your latest Standard and
Period Models of Grafonolas. I
West 42nd Street
Weit 43rd Street
Exceptional Values will be Offered Monday
in a Sale of
WOMEN'S SATIN DRESSES
At the notable price of
ECONOMICALLY inclined women, about to prepare their
. wardrobe for the approaching season, will find this an
especially opportune occasion to effect a considerable saving on
high character, fashionable Fall Frocks.
Superior quality Satins in Brown, Navy Blue
or Black- Sizes 34 to 44.
9 A. M.
until 5:30 P. M.
Announcing a Most Complete Display of the Newest
Fall Originations in
Women's COATS and WRAPS
PRESENTATION which emphasizes our readiness to
fulfill every Autumn Coat or Wrap requirement of the
Rich Bolivias, soft Duvetynes, Chamoistynes
and other superior quality Fabrics developed
in plain models or handsomely fur trimmed
with Mole, Natural Squirrel, Beaver, Nutria,
and other desirable Furs.
Regular and Extra Sizes
Prices range from $55.00 to 395.00
The Charm of Youthful Simplicity Characterizes These
MISSES' FALL SUITS
Handsomely fashioned niodels
Remarkably Low at
Sizes 14, 16 and 18
|\UVET DE LAINE or Suede Velour Suits which reveal in
every line, every detail and color, an originality of treat?
ment which individualizes the approved style motifs for Fall.
Large convertible collars of Australian Opossum and
Taupe Nutria add to the desirability of the models.
Other Tailored and Fur Trimmed Suits
at $45.00 to $325.00
4800 Pairs of
IMPORTED GLACE GLOVES
at the Extraordinary Sale Price of
Twc-clasp Overseam Gloves in three different styles.
WHITE with 4-row self crochet or embroidered backs.
WHITE with 4-row Black and White embroidered backs.
BLACK with Paris Point self embroidered backs.
October Sale of Women's SILK UNDERGARMENTS
Presenting a most comprehensive display of new, crisp, superior quality silken underthings
at DECIDED PRICE CONCESSIONS? Second Floor.
Crepe de Chine Nightgowns
$4.95 $5.90 $7.95 $8.95
Crepe de Chine Envelope Chemises
$2.50 $2.95 $3.85 $4.50
Satin and Crepe de Chine Step-in Drawers
$2.95 $3.75 $3.95 $4.95
Satin and Crepe de Chine Bloomers
$3.95 and 4.95
Values of Unprecedented Importance in PHILIPPINE UNDERGARMENTS
Nightgowns and Envelope Chemises
?and made, elaborately hand embroidered models.
Plain Chemises and Undershirts?
Tailored and hand hemstitched.. ....
Substantial Reductions on
WOMEN'S FALL HOSIERY
High-grade, Fashionable Hose from our regular
in an unusually important Sale.
Pure Silk Stockings?With lisle tops and
soles; Black, White and Cordovan. * Regularly
sold at $2.95.
Fine English Cashmere Sport Hose?
In Brown Heather or Green Lovat Mixtures;
wide ribbed. Very Special.
Black Silk Hose? Medium or heavy weight;
some all silk; others with lisle tops and open work;
Paris clox. Regularly sold up to $4.25 pair.
Fancy Silk Hose?White clox or embroidered
front, Black ground; seif or White with clox;
Black with White; fine lisle tops. Regularly $4.75
Open Work Silk Stockings?French and
American makes in several distinctive styles.
Black only. Regularly sold up to $7.50.
Unusual Reductions on Superior Grades of
TABLE CLOTHS, heavy weight; full bleached
$6.75, 9.50 and 12.00
Napkins, per doz., $7.75, 9.25 and 11.50
Huck Towels, hemst'd (Linen and cotton) doz. $7.25, 8.75
Pure Linen Hemstitched Pillow Cases, pr. $3.75, 4.75
Pure Linen Hemstitched Sheets.pair, 20.00, 25.00
Dimity Bedspreads, hemmed..._each, $2.95, 4.90
Union Linen Pillow Cases.pair, $2.95, 3.75
Union Linen Sheets_.pair, $9.50, 13.50
Turkish Bath Towels.doz. $6.00, 7.75
Typed Glass Cloths, Union Linen.doz. $6.50, 10.00
Typed Glass Cloths, All Linen.doz. $9.00, 11.50
Typed Kitchen Towels, Union Linen.doz. $7.50
Typed Kitchen Towels, All Linen.doz. $9.00