Newspaper Page Text
1 '. - WEATHER FORECAST. A HAPPY BLENDING. The amalgamated SUN AND HERALD preserves tho best traditions of each. In combination they cover a wide field and make a greater newspaper than either has ever been on its own. Fair to-day; to-morrow fair and warmer; fresh northwest winds. Highest temperature yesterday, 37; lowest, 35 Dualled weather reporte will be found on the editorial AND THE NEW YORK HERALD VOL. LXXXVII. NO. 168 DAILY. PRICE TWO CENTS IN NRW YORK CITY AND BlIlIURna H-H- NEW YORK, THURSDAY, FEBRUARY 5, im-cZAuobJ jr:RW,M,, TimUK CUNTS on TftAiNR Asn BKswwunma. Y. r : ...... GERMANY WILL REFUSE TO GIVE IF ARMYHEADS Deniaiiil of Allies for Great Primiimls of the Wnr Resisted. GOVERNMENT AT STAKE Hek'lMvehr Would .Xot Olie.v Even if Orders of Arrest Were Issued. BACK MP 15V 3IOXAHC1IISTS Even loiiil)Iii'iins Arc Unwill ing to Surrender the Men Asked For. EXPORTS ON CREDIT, IMPORTS FOR CASH, REDUCING EXCHANGE Reginald McKenna, Once British Chancellor of Ex chequer, Explains Cause of Dollar Premium, Saying Remedy Is to Bring Expendi ture Within Revenue. I.OMHtN. Thursday. Feb. .'. "Th uirrenilor of lliot men Is virtual))- 1m- posihlp. turn It how you will," said Minister of llcfence Xoske In an In ItriicM lth the Dally Mall's Berlin correspondent, referring to tho de ruind for the extradition by tho Allies ol Germans churned with war crimes. Tlil demand Is an act of revenge. fl'ore Hum Mijiock's," he continued. ''Suppose 1 succeeded In getting: them irretrJ. Do jou think the train tuk Intr tliom t Hrnnce would he allowed lo cro I lie frontlerl And If a crowd held up that train, do you Imagine that I fouM order Hermans shot down so that otlier Germans should bo handed oicr to the re-enge of their enemies I The en-crnnirnt mifrlit resign, but wh.it party could take Its placet" (The mrres-ponclent says that passive resistanne apparently will be the -attitude f Germany toward the allied Semand. 1 II,- RAYMOND SWING. Hi! rorrespondent of The Scn and New Yok Herald. Hem.iv. Feb. 4. Tho German Gov rnment will refuse to comply with he extradition demands of the Entente Mies for men who are charged with rimes arainst tlyllization, the corrc- pondent of The Sun and New York Ieuld learns on n"lghest authority. 'ii the other hand, the Government ill stand ready to accept whatever 'tf-rnailve is proposed. in Entente circles It was said to-day .at there never has been a riuestlon iat he Kbert Government could carry J! the extradition terms of the Treaty .' Versailles. When the treaty was jneri special attention was called to '.is feature of It, and it was asserted at the Ucrman plenipotentiaries then jneii it only because of the fact that e only alternative was allied oecupa on of tiermany and her dismember- The tieilln Tngcblatt, after declaring list of persons demanded by the Hies surpasses anything which even e greatest pessimists had considered -sibli- says : "One now realizes what tmtndous 'stupidity It was to offer to Sti a pare treaty the terms of which ( Impossible to execute." The question now Is primarily one of fiovernment's own authority. Its ominatiun of the Uelchswehr never as as strong as the domination of the .Mfhsphr over the Government. The !flchwhr even' one here agrees. ould refuse to obey tho Government's immanil to arrest the leading Gen- als, or even the less important men. W ( iinlliieil ( MonnrchUtii. It wsetted here frequently that ' Ut In.i- s not confined to the mon fl)Kt u! is shared by Republicans. 1'Iouht. ih tie people of the country sinct i, , ppotcrl unanimously to the "refill ,,n f tne men wliom the Allies ' Mwl lnii-pil the only class which irt.t dti f. to It Is that of the workers. Kvn fn. tlL. treaty terms became own in ijermany and the German peo- real mi that a demand would be 'le for i he men charged with war "on nurd on Fourth Page. CLOSING TIME for Classified Advertising in i AM) NEW YORK HERALD for The Daily Issue 1P M Ja)- )f ford p ublit-tion it SUN EW Y0RK HERALD Office, Q B nay 'fun' ,',f l,!,or!; publication it M Branch Offi:;j. I' M. Da) befora publicition at SUN AMI KCW Vdlii lir-n., r n Herald Square. SUNDAY ISSUE 4 voD,i-S.VurdlJr ' SUN AND NEW 'ORK HERALD Office, 230 BVir. M.Siturdij it All Bunch Office-. Special fable Despatch to Tnn Sc and New Yok Hebald. Copyright, K0, all rights rtnenii. London, Feb. 4. Reginald Mc Keniin, formor Chnncellor ot tho Kxcheqtior, in n statement to a corre spondent of Thk Sfx and Xbw York Hebalu outlined a practical solution of the foreign exchange problem. Mr. McKeniin la.xt year succeeded 'Sir Kthvard Holdeu as chairman of tlio London Joint City and Mldlnnd Bank, the largest financial Institution In the world, with 1,700 branches in the United Kingdom and on tho Conti nent. He Is. regarded as the foremost financial authority In England. Ho said: ''Obviously the essential condition for tho restoration of European ex- REGINALD McKENNA. changes is a full revival of European industry, and this can he accomplished only when the Governments of the various European nations have brought their expenditure within the compass of their revenue. So long as they meet their requirements by internal borrowing, followed by on unlimited issue of pnper money, there is no possibility of a restoration of normal exchange. America's Refusal to Lend Money Justified. "America is right in refusing to lend money to Oovenmieiits which have not put their own houses In order. When, however, a country ceases to isme fresh purer money the supply to it of the raw materials of Industry, or nvaclfinery and railway material on credit, will prove not merely a policy dictated by a humane desire to restore the ravages of war but also will he excellent business. "England will prove that she Is quite willing to do her share In re storing Industrial life In thosesparts of Europe where It has collapsed and several of the neutral countries, notably Holland, Switzerland and Scan dinavia will show themselves not less ready to aid Europe by giving such credits as will enable the economic life of the devastated countries to be set going." In view of tiie fact that the United States trade returns show that England, France and Italy were the three countries from which America derived her favorable trade balance and that the trade balance of tho rest of the world Is against her Mr. McKenna was asked If he thought It was not necessary for America to conserve these markets from the danger of being cut off by the heavy premium on exchange. "Yes. it Is necessary for her to do something to conserve them," he replied. "I am strongly In accord with the substance of the statement made by Secretary Glass that it is the imperative duty of the Governments of the world to limit their expenditures to the amount that they can raise by taxation. Export Sent on Credit; Imports Paid in Caih. "If England were not assisting countries less well off than herself by exporting goods to them on credit the dollar would not now be at a premium in this country and there would be no adverse trade balance now In British foreign trnde If It were not for the large amount of goods still being sold to France. Italy aud Belgium on long credit contracts. Great Britain's production for export, coupled with her receipts from shipping, foreign Investments, &c., are sufficient to pay for her imports. As part of her exports still are for credit while her Imports are for cash there Is a balance of trade against her." Mr. McKenna looks with the greatest optimism on England's ability to take care of herself without external aid, financial or otherwise, and he made it an emphatic condition of his statement. that nothing connected with his remarks should be construed otherwise, but he docs not overlook the lmriortant ties binding England, America and the Continent together, and he believes that reconstruction oil the Continent will proceed gradually, hut steadily, with the concerted and harmonious assistance of the rest of the world. Regarding England's position lie said: Britain Can Pay Her Way, Her Output Good. "There is not the slightest reason to suppose that production and In dustry are on their beam ends'. In Great Britain the output is good, suf ficiently good for us to be able to pay our way. I am not alarmed by efforts I') some quartets to make It appear that England Is suffering from Internal strife and Is threatened with industrial revolution. ''The labor situation in England Is less threatening In a revolutionary or anarchistic or bolshevistic sense than In any of the leading countries of the world. Here, as In all countries, men are suffering from a nervous reaction, and In many cases also from fatigue. Taking the mass throughout, however, the temper of labor in England is good. There Is some discontent and general unrest arising from high prices, which constantly are going still higher. "However admirable it may have been In wnr to disregard money In the supremo effort to obtain military efficiency, It Is disastrous to let over spending become the normal feature of the Government's policy. The crea tion of credit consequent upon the Government's borrowing Increases the purchasing power of he community without .any Increase In commodities and drives jip prices. This gives rise to discontent; but on the other hand there Is little or no unemployment and 'there Is a constant demand for goods of every kind and trade everywhere Is active." SEE NEW HOPE FOR A CUT IN LIMGCOSTS Experts Believe Decline in Exports Will Result in Lower Prices. DUE TO EXCHANGE PALL Under Present Conditions Goods Will B(Timicd Into Domestic 3Inrkct. TOO COSTLY FOR EUROPE 'FLU' EPIDEMIC END IS IN SIGHT, SAYS COPELAND Peak to Be Beached by End of Week', Followed by Steady Decline. 379 DEATHS HIGH MARK Commissioner Finds Condi tions Improved in Twin Diseases. MOIiE NURSES JQIN F1G.IT , Settlement of $1,000,000,000 Trade Rnlnnce Held by Amcr- ienns Rccomingr Difficult. Falling Pound Throws Stock Yards in Turmoil Competition, But no Trade War With America. 4 Mr. .McKenna then discussed the odd paradox which appeared to be evident In American feeling toward England. His nttentlon was called tol the fact that Secretary Glass and Herbert Hoover had told Europe to get back to work, hut If England In order to do so stepped out vigorously and tried to capture the markets of the world she was chnrged with trying to wage a trade" war with 'America. He replied: "If America sends goods to Europe she wants naturally to be paid for Jhcm, hut In the long run she can be paid only In one way, citherby tnklng rroous directly or by r.uropenn goods being sold In South America or the East or in parts of the world where the balance of trade Is against the United States. "But If British competition In the United Stntes and In other parts of thb world to which the United States wishes to ship her own goods Is to be regarded as a trade war with tho United States and not to be tolerated It would become Impossible for Great Britain to find means of paying for United States goods, and consequently It would become Impossible to buy them. "Competition between England and America exists, has existed and will exist, but It Is friendly competition; of tho same kLnd as competition between two English traders or two American traders in the same market; Special Deipatch to Tus Set and New York Herald. fJHICAGO, Feb. 4. A further drop in the value of the British pound brought demorali zation in the hog market at the stock yards to-day. With the buying power of tho pound sterling at its lowest point, British orders for heavy purchases of pork were can celled. As a result the price of hogs, which started at $15.50 a hundred pounds, dropped to $14.50. The effect of the slump was reflected in the price of shares in packing companies. Some of the big packing stocks dropped ?2 to $3 a Bhnre. v : f Special Despatch 10 Tim Srs akd New York TIeram. Washington, Feb. A. A sharp de cline in American export trade, with an equally sharp decline in domestic prices, Is foreseen by Government economists and financial authorities as an inevitable result of a further fall In dollar exchange In the allied and other countries of Europe. These experts prophesy relief from the high cost of living from this, an outside source, more potent and de cisive than from domestic efforts, un less European Governments manage to stabilize their currency and ex change. A continuance of the down ward tendency, it is said, will result automatically to shut off exports. With the dollar at a premium abroad and European currency at a tremen dous discount in New York the cost of American goods in European coun tries becomes prohibitive. Settlements on the enormous trade balanco held by America 14.000,000,000 in 1910 are becoming difficult. Rxports havo shown a tendency to slow down. Total exports, particularly those to Kuropean countries, declined In December from November to the extent ot more than $100,000,000. Though fig ures will not be available for some time ii is believed here that January exports will show a further drop. All authorities in tho United States havo agreed that shortage in production and a supply of goods that will not tr.eet demands have been the chief fac tors In boosting prices. Decline In ex ports means, a turning buck for domes tic consumption of Just so much in goods tc level the shortage In domestic mar kets. Some theorists have urged for ycarsin, shutting down of exports to save tho domestic situation. Such a course has been Impossible because of the nec essity for meeting the needs of allied countries and because of the disturbing economic- factors that would result, Closing of foreign markets through pro hibitive exchange will work the same result through more or less natural causes. Largo foreign trade combinations or ganized under tho Webb law are at a practical standstill. Almost without ex ception they have found a tremendous demand In Europe for American goods but an almost complete Inability to pay lor tnem except on long time credits. Itaports have come to Washington from unofficial sources that many Amer ican Interests that exported freely after the armlstlco have paper and security of European and other buyers that is being defaulted. 3Inyor Asked to See Streets Are Kept Clean Another Dentil in Sing Sing. FIGHT ON RAIL BILL OVER; ONL Y MINOR POINTS OPEN; TO BE LA W BEFORE MARCH HE'S READY FOR LEAP TO MARS Quaker City Flier Says Ho Will Re Passenger in the First Rocket. RETTRX RISK ALL HIS Rul He Wires Stipulations as to Trip Over to "The Sun-Herald." Although there wcro 37D deaths from influenza and pneumonia yester day a new high mark for 1920- Health Commissioner Copcland for the first time stated deflnltoly that the end of the epidemic is In sight. "Unless weather conditions Interfere with favorable progress," he said, "I feel safe now In saying we shall reach the peak nt tho end of this week, and from then on there will be a steady decline. The general conditions are satisfactory and the number of new cases each day Is maintaining a level. I do not look for any increase to-mor row, but wo may find to-day's storm reflected in the reports two or three days from now. "We are having an Increase In' pneu monia cases and deaths each day, but the pneumonia cases do not represent new patients. They simply Indicate that patients who had influenza a week ago have developed pneumonia. As com pared with 1918 tho death rato la about 40 per cent, less, and that also repre sents approximately the differeneo In seriousness of the two epidemics." The report for Hie twenty-four hours ended at 10 A. M. yesterday follows: Catci Reported. Deaths. num. rneu. -mmi. rneu. 71 JM At 14 7S2 5 MS 70 U 74 JJ 1S6 163 317 la t 24 3 m 19) 316 Borouzh. Manhattan l.ia lironx 6ii Brnoklm 1.034 Querns 199 Klclinior.il 61 Total, city 3.277 Previous day. . . 3.63 Corresponding day 191s 5,113 Total to date.... 4U6 9.393 1.215 J.43 Commissioner Copeland had special cause to feel gratified that tho stationary firemen's strike has been averted. Tho condition of the streets prompted him to write to Mayor Ilylan ns follows : "I enclose a copy of a letter Just sent to Commissioner JlacStay. I have been Informed that his difficulty lies in the hiring of trucks and that the fund at his disposal for this purpose Is not sufficient 1 beg of you to give the affair im mediate attention because It is a matter of great public concern." The public 13 warned against an im postor who has presented himself at the homes of sick persons as a doctor from the Health Department and has charged a $1 fee in each case. All representa tives of tho department have badges or other credentials. Ninety-three families called on tho xlepartment for nurses; only sixty-seven were supplied. Twenty-six new nurses reported. Influenza claimed another prisoner In the death house at Sing Sing Prison, making the totat six. Tho latest victim is Antonio Giordano, who was sentenced from Staten Island. BERNSTORFF IN LIST OF WAR CRIMINALS FALL IN EXCHANGE HOLDS UP COTTON Special Cable Despatch to The Set ixd New York Herald. Copyright, 1920, all rights reserved. London, Feb. 4. The sensational fur ther decline to-day in sterling exchange In New York which was foreseen by the larger bankers and business men here and does not surprise them In any way, seems to havo swept the smaller business men and some of the newspa- C'onditufd on Second Page. Hindenburg and Enver Pasha Also Named by Allies. Merlin, Feb. 4 In the list of persons demanded for extradition from the Ger man Government are tho names of Duke Albrccht of Wurttemburg, Submarine Commander Arnabold de la PeTere, Gen. Count Slxt von Arnlm, Gen. Otto von Hclow, Count Johann von Bcrnstorff, former Ambassador to the United States ; Dr. von Hethmann-Hollweg, Gen. von ueseier, uount msmarcK. Gen. von Uochn, Gen. von Bothner, Crown Prince Ilupprecht of Bavaria, the Duke of Mecklenberg, Gen. von Brcdow, Bron sart von Schcllendorf, Gen. Ootto von Buclow, Admiral von Capelle, Gen. Grocner, Gen. von Dalmllng. l-nver Pasha, Prince Ernest of haxony. Gen. Falkenhausen. Gen. Falkenhayn, Prince Frederick of Prus sia, Gen. von Galiwlz, Alfred von Glasenapp, Otto von Gottberg, Gen. von Gravcnltz. Gen. Count Haesler. Dr. Daniel von Haimhausen, tho Grand Duke of Hesse, Field Marshal von Hin denburg, Prince August of Hohenzollern, rnnce t;iiei .triecincii or Jlolionzollcrn, tho Crown Prince of Germany. Prince Oscar of Hohenzollern. Gon. von Hutier, Ismaet Halkl Pasha, Gen. von Kluck, Gon. von Linslngen, Gen. Ludcndorff, Field Marshal von Mnckcnsen, Gen. Maltzala, Gen. Baron Kurt von Manteuffel, Gen. von dcr Mar-wltz-von Moltke, Count von Montgeias Robert Morath. ' Alfred Zimmerman, former Secretary of Foreign Affairs. Tub Svn and New York HcitALn re ceived by telegraph from Philadelphia last night the following communica tion, signed by "Capt. Claude It, Col lins, New York City Air Police, presi dent Aviators Club of Pennsylvania, organizer Philadelphia Air Force, in ternational licensed airplane pilot (phone Market 5100 before 2 A. M.)": "Believing tho plans of a noted scien tist to send a super-rocket from the earth to Mars, In the body of which a person would be stationed, can be de veloped into a reality, I hereby volun teer to attempt this Interplanct leap, and offer to do so gratis In an endeavor to realize these alms of science and to suc cessfully alight on the neighbor world, provided the following stipulations are carried out and to reciprocate for the danger entailed I am first enabled to make a lour of the nation by air to appeal directly to the people In an en deavor to awaken America to the men ace wc faco In the air and bring some action which may result In placing the United States on a par with other na tions aeronautical!- before possibly ter minating my earthly existence. It shall be agreed that : "I bo permitted to assist in planning the construction of the rocket and de tails of tho venture. "Communication, either by radio, light or other means, shall bo definitely -established with Mars, and a rocket, similar to that In which I am to make the leap, constructed and miccessfully launched and landed on that planet previous to my Btart. "A board of ten prominent scientists shall agree to the practicability of the completed rocket and possible success of the same In reaching the planet with mo safely. "Ten days before the scheduled start of tho leap Insurance to tho amount of $10,000 shall bo taken out for me In favor of .my heirs, with the understand ing and consummation of a further agreement to the effect that none of the parties to this agreement be held re sponsible for anything which may hap pen to me under any circumstances." Captain Collins in hia communication appears to have covered practically everything, except that he failed, per haps through a mere oversight, to tell how he Intends to get back after having once landed on Mars. GREY'S LETTER VEXES WILSON Capital Hears Rumor That Dis claimer May lie Sought From Britain. Conferees Finally Come to Agreement on Long De layed Measure. WILL BEPORT MONDAY SEVERE BLOW TO TREATY' Irrcconcilahlcs Pleased at the News and Hope to Prolong the Deadlock. Fixed Guarantee Provision Stays, but Time Limit Is Cut. ANTI-STRIKE CLAUSE OUT Special Despatch to Tub Sun iht New Vobk Herald. Washington, Feb. 4. Thero now seems to bo good reason for believing that President Wilson has been much put out by tho letter of Viscount Grey 'o tho London Times approving of the Lodge reservations to tho poaco treaty. A report of the state of tho President's mind, which seems to bear all the ear marks of authenticity, spread about tho Senate to-day and went even so far as to have It that the President had made known his views to Secre tary Lansing on the subject with a re quest that they be communicated to the British Government. From none of those closest to the President were denials of this rumor forthcoming. Secretary Lansing when questioned on the matter declined to discuss It. It can be stated positively that President Wilson had no previous warning that Viscount Grey Intended to make known his views in this way, which ho now realizes has made the President's stand against the Lodge reservations, more dlfllcult. Sackvlllc-Weiit Case Itccalled. Whether tho Presldent'state of mind goes so far as to meditate making a Sackvllle-Wc8t incident out of tho Grey lotter Is, of course, not known. The Ut ter of Viscount Grey could be construed as an Instance ot an accredited diplomat meddling in American politics. The ru mor about the Capitol had the President viewing It much In this light. The Republican irreconcllables were Rate's to Be Adjusted on Basis to Produce 5 1-2 P. C. Be i turn for Two Years. pleased when they heard the report of operating Income to the lines during tl Special Despatch to The Sbs and New Yok Herald. Washington, Feb. 4, Senator Cummins (Iowa) announced to-night that nn agreement had been reached on the Railroad Reorganization bill, which, since before the holidays, has been In conference between the House and Senate. The managers on tho part of tho two houses, Senator Cum mins said, had agreed as to all the major features of tho extremely dl verso moasures originally passed. The elimination of minor points of differ ence will be effected within tho en suing four or five days. The conference report Is likely to bo submitted to botli houses simul taneously Monday. Tho disagreement was composed when the differences over the compensatory features of tin Cummins bill were settled. To-day's agreement promises that before tho 'dato of tho proposed restoration of the lines to private ownership, March 1, the Cummlns-Esch measure will have become law. On many Important points tho Senate conferees were forced to yield to tho House. Also they consented to numer ous modifications of tho original Scnatu programme of railroad legislation. Guarantee la Modified. On tho question of fixed percentage of rate return the Senato won Us con tention that such an Inclusion In the law was vital. The much disputed Sec tion 6, providing for a fixed guaranteed TWO BAFF SLAYERS SAVED FROM DEATH Governor Commutes Sen tences of Cohen and Ferrera. TO OUR READERS Because of the paper famine we are com pelled to restrict this issue of THE SUN AND NEW YORK HERALD to twenty pages. The newsprint situation is extremely serious throughout the whole country. Special Despatch to The Sun and New Yok Herald. Albant, Feb. 4. Gov. Smith com muted to-day to life Imprisonment the death sentences of Joseph Cohen and Frank Ferrera, convicted In the slaying of Baret Baft In 1916. Cohen has been saved from the electric chair seven times by respites and Ferrera thirteen times. "I am commuting the senteuce of Ferrera upon the written recommenda tion of the Attorney General, who states that Ferrera rendered service to the State," says the Governor's memoran dum. As to Cohen, the Governor siys his action is taken not only because tho Court of Appeals did not unanimously affirm his conviction, but also because Judge Mclntyre, who presided at the John Doo proceedings In 1919 to de termine whether there had been perjury in tho Baft case, wrote that "the inter-' csts of Justice would be served by com muting tho sentence of death of Cohen." 8,835,102 IN CANADA - ESTIMATE FOR 1919 the President's attitude toward the Grey letter. They took It to mean that he will not rompromise on the treaty and will continue to hold his Democratic fol lowers in line against the Lodge reser vations. This would prolong the dead lock, which Is what the Irreconcllables want. It is understood that President Wilson learned yeiterday for the first time of the existence of the Grey letter. He Is said to have regarded it as an attempt to deal with the Senate over his head. The President Is reported to feel that in his fight with the Senate over the rati fication of tho Paris document Just as he brought It homo iast July he has a right to demand that foreign Governments keep hands off. Finn for Itenevreil Flsht. ' Plans for tho rcintroductlon of the treaty In the Senate by Senator Lodge (Mass.). the Republican leader, next Monday have been perfected. The Sena tor will ask unanimous consent for the reconsideration of the vote under which the Senate on the night of November 19 refused to reconsider a previous voto by which tho treaty without amendment or reservation was rejected. If tlds is obtained Senator Lodge purposes to ask the reference of the treaty to the Committee on Foreign Relations and Im mediately it will bo reported back to the Senato with the modified reservations embodied in the resolution of ratification, The Republican leader made It plain to-day that the reservations which will be attached to the resolution will vary from the originals only in the matter of two strengthening changes from the Lodge reservations adopted by the Sen ato last November by a majority or ten. Thereafter the treaty will be the mv finished business before the Senate and the battle will be on, It was plain to-day that as soon as the treaty Is before the Senate efforts will be' made, in view of the admissions of British tractablllty embodied in the Grey letter, to bring forward the John son amendment, making equal the rep resentation in the League assembly of America and the British Empire. Population Based on Increases of 1901 and 1911 Censuses. Ottawa, Ont, Feb. 4. Canada's pop ulation Is estimated by tho business branch .of tho Trade and Commerce De partment at 8,835,102. The census branch has based its esti mate for the year 1919 on tho known increases in population as shown by the censuses of 1901 and 1911. Such calcu lations have in tho past proved to have been approximately correct. FORCE SPANISH DUKE ITALIAN WARSHIPS READY FOR SERVICE Troops Also Prepared for d'Annunzio Demonstration. Spalato, Feb. 4. Italian cruiser ar rived at Sebcnlco January 29. Another Italian destroyer has anchored in Spalato Bay, where there, are now four Italian warships. Troops are held in readiness at Sebcnlco In view of the possibility of Jugoslav demonstrations there on the oc casion t- d'Annunzlo's approaching visit. FiUJtK, Feb. 4. Stringent laws have been passed against falsification of money of the city of Flume, of which more than 40,000,00 lire already have I been counterfeited. Gabrlcle d'Annunzio rrr "'K'nF MC A AnCin,,s l-'8"0'' a decn-c prohibiting the publl i 1 KLiUEi mo LifxliLj I cation of newspapers without the consent lot his staff. Preparations arc going on Rir the conscription ot live classes of Flume citizens for "defence of the city, Pat.edmo. Feb. 4. Peasants at Klbrra, to the south of Palermo, havo attacked tho residence of the Duke of Tllvona, dis armed tho soldiers, wounded a cara bineer, and Invaded the ducal palace and sacked It. The Duke was compelled to sign a paper ceding his land to the peasants. Afterward the Duke, who Ut a grandee of Spain, wjls allowed to leave. BBfUirOOT KAKM 8AUSAOES Back on the marlut. Sera &iror ana period of transition from Federal to pri vate operation, toi which Senator Cum mins contended, was accepted with mod ification as to the duration of lu ef fectiveness. Provision Is made for the readjust ment of freight and passenger rates by groups on a basis designed to guarantee an annual net operating income of 5'., per cent, of the value of the actual rail way property used or held for trans portation service. The period durlnir which tho existing compensation should bo paid tho lines by tho Federal Gov ernment as rental was changed from one year to six months. The duration of the applicability of the present 5" per cent, of guaranteed return was changed from five years, as under the Cummins bill, to two vears In thn ran. ference agreement. Tho anti-strike nrovislons stricken from the bill by the conferees. But a concession was made in favor ot the demand for somo form of control over the unrestricted activities of labor leaders to stir up trouble between em ployees and employers through tho establishment under the proposed law of regional adjustment boards and n central tribunal of appellate character. Settlement of Dlspntpn. It Is provided that whenever tho regional boards arrive at a deadlock the disputes shall go to the central board by automatic appeal, and where agreements occur Involving the solution of disputes by wage Increases, these In creases, must bo ratified by the central tribunal. The regional boards would be composed of the employers and the classified workers. The appeal board would be a Federal commission, on which the public will have representa tion, selected by the President by and with the consent of the Senate. A change of highest importance in the regulation of rate return under Sec tion 6 was made. Under the conference agreement thero will bo a half and halt division of the excess earnings above 6 per cent between the carrier and thn Government. This is in a measure a victory for the larger roads. It was agreed by tho conferees that the amount of the revolving fund, with which the Federal Government will aid the carriers during the transitory period following Federal operation, should bo $300,000,000. The Senate had con tended for J300, 000,000, while the Ksch bill provided only half that amount. The change Is a compromise. Asked tor an opinion as to the merits of the modlled bill, Senator Cummins said It was "neither as good nor as bad an It might be." GENERAL RAIL PAY ADVANCE UNLIKELY Loncon, Feb. 4. Three officers of the forces of Gabrlele d'Annunzio havo been arrested while trying to seize a sub marine and bring It to Flume, accord ing to a despatch to the Central News from Rome. At the same time eight guns and sixteen .cans laden with bombs were stolen and sent to Plume. Sara Toor life Pre hi Tin. An. Quia Decision by Wage Board Ex pected To-Day. Special Despatch to The Sc.v axd Xeit Yok: Hebalp. v Washington. Feb. 4. decision Is expected to-morrow on the demands ot railroad abor for Increased pay anil ad justment of working conditions by thai Railroad Administration nciore tne roans are returned to private operation ana control. No general' wage advance is ex pected. It is understood that the discussion throughout a long conference to-day be tween Director General Hlnea and other officials of tho Railroad Admlnstxatlon and tho twenty-three repreenUtivea of 1,000,000 organized railroad men turned upon adjustmenta to iron out Inequalities in ay and uoon overtime and adjust - 1 II 'I .1 1 Fir Zicap MOatn. ABU JV Apjb tnarJL-6 -"nan" and wtvltlae-concUUgiUk i ii it Is not a trnde war," jr, - qatllty you and tm rt Mid tth Farm