The New York herald. [volume], April 25, 1922, Page 2, Image 2

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backing their demand for a
- 'JD.060,000 loan, which left the al
? i experts and politicians entirely
? "Id. Jn this respecft the British agree
with the French in demanding ade
quate guaranties, both economic and !
military. The optimism followiug the j
luncheon therefore wan traced to th?? i
belief that the British would reach a
l>asi;J of agreement with the French as'1
to what guaranties will be exacted in I
both respects.
Steps were taken* to-day to consoli- !
?Ute what gains wore to be made for
> t onomic ^establishment. Viscount!
Kitkenheads declaratinon was linked
with a fervid appeal to the world to
ipss Genoa for the alleviation, if not
the entire relief, of the world's post
war woes. After outlining the de
pendence of the world and of Great
Britain upon the United States, par
'icularly upon the revival of com
merce, Lord Birkenhead said:'
The vast majocity of human beings
In the world to-day want to be left in
peace to carry on labor and enjoy its
fruits."
Okn-oa, April 24 ('Associated Press)
Another new twist in the Russian
angle that lias caused some in tuletude
n conference circles is that seemingly
?lie Russian delegates have developed a
"cw set of proposals. It Is understood
'hat nt the meeting of the experts on
:he Russian question this afterjioon the
? oviet delegates argued for the complete
v* iping out or the war debts, relinquish
ment of all arrears in interest on pre
war debts and loans sufficient to enable
"ussia to reorganize her national life.
As the Soviet bad previously given the
Allies to understand that a scaling'
down of the. war debts would be ac-!
c* pted, the demand of the delegates'
tor a protocol canceling these debts'
caused great surprise to the representa
tives of the Powers, who reported to I
the chiefs of their respective delega- i
tions that the trend of to-day's meeting i
with the Bolshevik! indicated the pos
sibility of insuperable difficulties in
coming to some arrangement with the i
Soviet.
The loan request In particular caused
dissatisfaction because it is recognized
that it would be extremely difficult to I
guarantee credits to Russia without
omp reasonable assurance that they i
would he handled by a truly responsible
Russian government.
The allied chiefs to-night frankly ex
pressed their opinion that an arrange
ment with the. Soviet will be extremely
difficult unless the Russian delegates
show a reasonable attitude. Sir Laming
orthington Evans, the chairman of the
commission, said he could not discuss
the matter further if the .Soviets adopted
' an Impossible attitude and there
ore must refer the situation to the
i espective Governments of the Allies.
he experts adjourned sine die be
ifuaiLn \V tt??y termed the excessive
thu h d*man,iN- *h|ch proposed also
f m? t P?wers acc?Pt nojj_-restttution
,ru ,"ivate Property- of foreigners,
he Russian delegates declared that
terms they were willing to grant
V '"e conditional, first, on the recognition
of their Government and. second, receipt
? . .f., loa" from foreign countries, in
addition to cancellation of arrears in
U !Ji!, pre"W!lr the Rus
ar.s demanded a moratorium of thirty
years on the pre-war debts themselves.
Of nmn r, ,,S 81816,3 that "Station
of ^ty.|U af!, contrary to their policv
f nationalization, but claimed that
Russians had the right to possess prop
? Lrl? L g" countries because these
gTme C U" a bOBr?eo?* re
Prior to the meeting of the commis
sion entrusted with the studv of the
Uusslan problem. Premier Lloyd George
would 9Cb thC?h"pe that th* question
uould be satisfactorily concluded by
ilkL tl! ? ? K.he WCok' wh*n he would
rnin?. f }? to ,,cave for London, re- j
timing for the closure of the eoofaiif
'v?!' ,r Wa,9 r-*dy t0 rp">ain, how
\es, if complications should arise re
?luirlng his presence.
Mr. Lloyd George has received many
ongratulatlons for his handling of the
SmVari?" ,anfi. prevemin* antagonifims.
and resentments caused by the Russo-!
'.erman treaty from interfering In any!
-teat measure with the conference, in i
'act. as one of the delegates put It
oaking the past danger an added spur
tor .speedier solution of the questions
?xfore the conference.
On being complimented for his achieve
in. nt. the British Prime Minister re
marked that after the Parice peae, con
ference and the negotiations for the
^?ttlement of the Irish question, he had
-en through bo many crises and threat- I
tied cri*s he had learned that the bite
? f the plenipotentiaries was n# as bad I
their bark.
I he British and American correspond- I
ems are giving a dinner of a hund?ed I
y^vers in honor sf Lloyd George Wednes
TOLERANCE IS URGED
IN EUROPE'S PROBLEM
Birkenhead Asks Press to
Give Parley Fair Chance.
'Iknoa, April 24 (Associated Press).?
Viscount Birkenhead, the British Lord
< hancellor, addressing the English
speaking correspondents, pleaded for a
softening of the difficulties arising at
the conference almost daily and urged
that It be given a fair chance. He said
sections of the press in various coun
tries, forming a small proportion of the
v. ' rld's press, \?t re not inclined to deal
squarely with the conference and Its
blub aims.
"People cannot look to Genoa to cor
ic t all the world's errors," he declared.
"It would be overrating the power of
any a*Nfmbla<te to suppose that It could
n patr all the damages done through
year# of destruction."
Discussing Russian affair?", Viscount
p.irkenhead said: "Every nation is en
tttled to regulate for itself its own form
i r K'>v?<rnment." He declared that was
clearly demonstrated after the French
In volution, and added that the world
must fare facts calmly and go about
?in > ffort to restore all Europe in a
npirlt of toleration. He said the public
\ opinion of all Europe now as always was
stronger than the public opinion of any
single country
FRANCE WILL CUT ARMS
IF ALL OTHERS DO SAME
Favors Anti-War Pact Backed
by Proper Guaranties.
Genoa. April 24 (Associated Press).?
Tlir French delegation announced to-day
that It was willing to subscribe to the
proposed pact initiated by Premier IJoyd
G' nr?e under which the various nations
would ftk-ree to abstain from aggression,
t rovMtod it whm locked by proper guar
antees, considered especially necessary
in view of the Husso-Oermon treaty. It
?aid :
"It must l>e made clear that Germany
and Russia have no aRgreasivo Intentions
before the rest of Europe can agree to
nnv such pact.
"li it involve,] the neutralisation of
frontier none# It may be meful. If it
Involves laiof some form of reduction of
armies it may be beneficial.
"France is ready to reduce If others
<!<> so, because this would decrease ex
penditures ; but it must affect; everybody
ait.I be without a loophole for violation."
The British communiques on the sub
Jen have Indicated tthat Mr. Lloyd
George did nut contemplate the provision
' guarantees.
-N\ill Go to Europe at Re
quest of Reparations
(om mission.
TO BANKERS' MEETING
Large Loan fo Germany
Will Be Considered by
His Committee.
NEED PROPER SECURITY
If Sneli fan Re Obtained
Thinks Issue Would Re Well
Received Here.
?T. P. Morgan -will go to Paris to take
part in the conference of international
bankers which has been called to con
sider a large loan to Germany. He
said yesterday that as America must
Play an important part in the nego
tiations he had derided that he would
be useful on the committee and had
formally accepted the invitation sent
by the Reparations Commission.
When Mr. Morgan received the for
mal Invitation to gO to Paris last Fri
day he stated that he would consider
It. and if he thought he could help
would accept the offer to attend the
conference. The Reparations Com
mission was understood to be particu
larly anxious to have Mr. Morgan act
personally in the matter.
The committee to consider and. report
on conditions under which the German
o r? loan*wm ??"1(1 ra'8e a forel?n
or loans will convene early in May. but
StatM Ttn k "0t 8811 from the United
month a 1116 m1dd,e of ^at
w?m?2 " h,e thought a German loan
MrMn? received in this country
on thJ 2 <hat U WouId dePend
on the nature of the security Germany
?'JL ?ffer- With Proper security of
thontiff u er favorable conditions he
hit. J "uch a ,oan could be placed
.rl Morgan stated further that
he thought the present a good time for
won.riT e"fe?rUe- and that America
ould be able to take a large part of it.
He emphasized that his visit to Europe
had absolutely no political significance
and said <hat he would not dtK-usn pol
Mr. Morgan's mission will be to
* 'he allied bankers of America's
attitude toward a German loan and the
extent of the help that can be expected
from this country.
BRITISH FINANCIERS
HA VE HOPE IN AMERICA
Expect U. S. Federal Reserve
Banks in Coming Conference.
Special Cablr to THK new Yo?k Hmai,d. |
topvrieht. <set, ?u T1IE new Yo,k IImulb I
?w York Ifprnld BartmMt
? . London, April 24. j
Financiers are keenly anticipating an
international conference of banks with
America represented, and they are even
making preparation* on the assumption
that .t will be held in a fortnight or
three weeks In London, though the
K-noa conference proposal is still j?
committee. The authorities of Thread
no'tfc Stre/, ?re takln* steps so that
no time shall be lost when the plenary
conferences ratification .conies; and it is
reported that invitations to central
**'' c'rcu'*,ed in a few days.
RnTiprf to-day quotes Sir
Kobert S. Home, Chancellor of the Ex
chequer as saying the Federal Reserve
batiks of the United States will be in
vhed to participate. Ills return from
Genoa has greatly stimulated financial
circles, which expect now they will b
called upon to play a part In the im
portant questions of exchange and bal
ancing budgets.
The Bank of England has not vet of
a received a request to convoke
International meetings, but confidently
expects such a request soon. The Fed
eral Reserve banks In the United States
will be invited and it is stated here thai
there is reason to believe America wllj
Join the conference.
Sir Robert has turned his' attention
to domestic problems and is preparing
budget speech for the House of fom-1
mons next Monday, an event of such Im
portance that Prime Minister Lloyd
George m expected back next week to
man the Government guns against the
formidable opposition promised to th?
budget program. But Sir Robert is op
timistic over the banking conference. It
is admitted, however, that it would b?
a serious blow to the prospect should
America decide not to attend.
STANDARD OIL GETS
FOOTHOLD IN PERU
Rights in London and Pacific
Co. Declared Paramount.
Sprniol Cable to Tim Nrw Yimn IlnRAi.n.
Copi/riaht, I9tt, hii Tint Njtw Yoix Kkeai.u.
?w York llmld Bureau, 1
Paris, April *4. (
The Standard Oil Company hag Just
obtulned a verdict of international
Judge* which will strengthen Its hold j
upon Important oil fields In Peru, \'\
tribunal, composed of a Swiss. I >r. F. I
Ostertag, president of the Hwiss Federal
Court; a Canadian, 8tr Robert Borden,
former Premier, and a Peruvian, Varelay
Obergoao, Attache at The Hague, meet
In* In Paris, have decided that Htandai'd
Interest* are paramount In the proper
ties held In Peru by the I^ondon and
Pacific Petroleum Company, I Ad.
l^aat month an agreement wan reached
between the Peruvian Government and
the directors of the latter named com
pany whereby full title to an extensive
area was confirmed and the basis for a
mining tax payable to the Government
tlxed for a period of fifty years, the
detail:, to >)e published In the near fu
t'ire. In uddition the export duty on '
petroleum was fixed for a period of!
twenty years.
According to a statement Issued by a,
high official of the Htnndard this after
noon, "In consideration of these dis
positions the company pays a substan
tial sum to the Peruvian Government."
and It Is expected that the solution will
result In increasing the development of
the Peruvian oil fields In the near fu
ture.
The N*w York Herald correspondent
l?arns to-night that Horace Finally,
director-general of the Banque de Paris
e: Pays-Baa, accompanied by Oen. J. O.
Oassouln. direetor-gery^ral of the Htand
nrd's French subsidiary, and Henry
H'dford. one of the Htandard's directors
here, Intend to leave for New York [
Immediately.
Soviet Concessions in -
Return for Big Loans
ONDON, April 25 (Tuesday
M. Tchiteherm is quoted by
the Daily Uerald's corre
spondent as insisting that credits
from foreign Governments are ab
solutely necessary if Russia is to
shoulder the burden of debt the
Allies wish to impose on her. Con
cessions Russia will offer to for
eign capitalists, he said, were tim
ber lands and other" sources of
natural wealth from which profits
were immediately available. Tho
Soviet's share of the profits accru
ing from tho concessions and lease*
on state land should be set aside
as a guarantee for interest an^
sinking fund on ail loans, he said.
Questioned as to whether Rus
sian Communism would be en
dangered by the penetration of for
eign capital, M. Tchltcherin re
plied: "No, for in Russia ?^11 power
is vested directly in the hands of
the workers and peasants. We arf
the direct representatives of th?
proletariat. So long as the Soviet
system lasts we fear nothing from
the partial introduction of capital
ism into Russia and its coexistence
alongside of Communism."
POINCARE DECLARES
FOR REPARATIONS
T
J
Continued from Flrst^ge.
night Mr. Poincare had Intended to make
no more than a platonic speech before
the Bar-Ie-duc meeting; but . Lloyd
George's insinuation yesterday that he
would "have something to ask later re
garding the French desire for peace," as
transmitted in a long dispatch from
Louis Barthou, head of tile French dele
gation at Genoa, forced the French Pre
mier to abandon the idea of "allied mod
eration ' for a policy of outright na
tionalism. The General Staff already
j has compiled statistics on the possible re
j suit of eventual Russo-German military
I uccord, which are considered enough to
keep the Little Entente, Poland and
Belgium in line with the French policy.
The Belgian general Rucquoy, com
manding the troops at Aix-la-Ohapelle.
envisages a great chemical warfare
which Germany already is preparing
for. He says that German factories to
day are ready to Turnis?h 3,000,000 ex
plosive shells and 2,000,000 f?as shells
inside of eight days. In four Rhine
factories, he says, the output of sul
phuric and nitric acids has increased
fourfold over the 1.914 figures: and
with Germany able to construct air
planes after May 1. although ostensibly
for civilian purposes, and with 28,000
trained pilots ready to take the air.
it would be able to destroy Paris within
five hours after leaving German air
dromes.
I.nnri Poincare'* Policy.
Rapa'lo treaty, according to the
J' rencli, complicates the danger, as the
evidence is clear that Germany intends
to reconstruct the Russian fleet and
the Russian aviation service under -i
commercial disguise, with the view to
eventually sweeping through Poland
and forming a solid Russo-German
bloc.
The evening newspapers generally
|lHud M. Poincare's policy, the Ubrrtc
saying: "This policy of firmness Is
I 1 P? f>- ?ar. It is the only one
j wnicn will guarantee peace."
OMAiii JJrbrts says: "The
WW,nl-Tit at- nat}d when we must pass
from words to actions, and when the
Government will need the support of
public opinion, which henceforth is as
sured."
TliA Intranaijjeant says: "May 31 is
approaching. If Germany tries to shake
off her obligations France Is determined
not to permit such evasion : and all the
noise Mr. Lloyd George Is making in
Genoa cannot distract our attention.
Whoever wants peace must approve of
the firmness we apply in securing it."
The Tr-mp* concludes that Mr. Lloyd
| George's policy is one of war. and that
M. Poincare's policy Is just the opposite;
that it is one of peace, adding that "If
Franco is obliged to take measures in
dependently on May 31, it is to the in
terest of all peoples."
BAR-I.K-Dtrc, France, April 24 (Asso
ciated Pre?s).?France will, if neces
sary, undertake to see that the treaty
of Versailles Ik executed If the Germans
default in their reparations payments,
said M. Poincare to-day. "It is France's
duty," he added, "in full Independence,
to assume the duty of maintaining the
intesrity of the treaty.
"All we Nave ever asked and all we
| ask to-day is the execution of the treaty
j and that we must have and shall have.
The peace of Europe depends upon It.
LOur future and our- national prosperity
depend upon it.
| "It is not by precipitate action or by
decisions without reflection that we will
obtain it. It is by persevering and me
thodical action. But it must be done,
and we shall not abandon any arms the
treaty gives us.
"The imperialism!<Jf France Is a cur
rent theme in some countries, in which
j we are charged with ulterior motives
of conquest. I do not know of a single
j French public man who has ever
dreamed of territorial annexation. But
who does not understand to-day after
the Rftpallo accord (the Russo-German
treaty) the imprudence there would be
in our disarming too rapidly.
Points to German Mrnnrr.
"That accord brings out into the full
light the sympathies which had de
veloped in the darkness between the'
Molsheviki and the Germans. How many,
persons, wrested from their confidencej
of yesterday, will not now admit that
the Cabinet wus right In desiring to
insist for the moment on eighteen
months' military service?
"Things are going on in *tcrmany as
if the Pan-Germans were watching for
an . pportunity to foment trouble,
sooner or later, on their eastern
frontier, with a view to getting back
by torcc the Polish regions taken from
I Germany by the Treaty of Versailles.
I "What Is going on at Genoa slngu- i
larly confirms all we knew of the state j
[ of mind of too great a portion of the j
j Empire. How long back had Germany j
[ prepared the treaty with the .Soviet I
Government, and are we sure the trenty i
has been entirely published? Is It or i
j Is it not accompanied by secret clauses?!
Is it simply a shield ror political and
I military convention*"?
| "If the French delegation cannot go
? ?<l with the work at Genoa under the
-oodltlons agreed upon, then we sl^ll
I Tin ve with great regret to discontinue
j our collaboration In the conference, for
I the success ot which we have done all
| wo could."
iH.ioo.non for nor.oiF.ii rrmbf.
POOTM*, April 24.?Mayor Curley to
day presented to the City Council a
.budget of $34,695.8)18 including special
expenditures of $1,100,000 for soldier
relief and $075,000 for public welfare
relief. The general expenditures were
estimated at $22.S71,7A3.
rorivD anything?
If ?i>, see If It l? advertised In the Gost antf
round columns of to-day'* New York H?rald
-AUv.
LEGION MEN INSIST 1
ON BONUS WITH CASH
ltepublicans 011 Committee I
Submit Plans to Them
for Approval.
THEY GET VETO POWER
Meeting Is Secret but Har
monious and Democrats
Are Excluded.
*
?" "
| MAY BE DECISION TO-DAY
| MacNider ancl Woodside Like'
| Treasury Note Scheme Based
on Foreign Debt.
-
By LOUIS SKIHOIiD.
Special Dispatch to Tin New York Hbbai.d
Nfiv York Herald Bureau. 1
Wnihingtnn, D. April U. I
Senate Finance Committee Repub
licans to-day conferred upon the pro
moters of the bonus rhid the constitu
tional right of veto hitherto possessed
by the President.
Representatives of the American
Legion consequently are trying to de
cide which of several proposals will be
acceptable to the raiders, even if It is
not satisfactory to the Government
and the people of the country.
The raiders will make known their
decision to-morrow. Commander Mac
Nider of the American Legion in ac
knowledging the unprecedented privi
lege accorded to members of his or
ganization reflected their impatience
over the situation by declaring:
"This, I hope, will be the"last time
that it is necessary for us to appear
before you on the so-called adjusted
compensation bill. What has im'
pressod me most is that the ex-service
men and women cannot understand
the delay and the time that has been i
taken not only to perfect this bill but [
to secure favorable consideration of
It."
Impression of Close Observer*.
It is the impression of close ob
servers that there will be no reason
for the commander to complain again
of the tardiness of Congress in pro
gressing with the $5,000,000,000 bonus
raid. The majority of the Republicans
on the Finance Committee made it
quite clear at their meeting to-day
that they would accept any bill framed i
by the bonus raiders even to the ex- 1
tent of writing its terms. >
Certainly the legion officials who ap- '
peared before the Republican members
of the committee have little cause to j
complain of their treatment. The Re- !'
publican Senators to whom they sue- ,
cessfully dictated conditions not only
excluded Democratic members, but ac- i
corded to spokesmen tor the men j i
whose votes they covet the unusual!
privilege of a secret meeting. i
The conference between the mili- ?
tary dictators of the politics of the |
country and the Finance Committee
Republicans was described by one of
the latter as one having been "en
tirely harmonious and agreeable."
The suggestions made by members
of the committee regarding the bonus (
bill, which they are determined to
frame in opposition to the Wishes' of
the President and the great majority
of citizens, Were admitted by the pro
fessional promoters of the raid to have
been most "helpful."
Executive officials of the Govern
ment were not permitted to have any
say in the matter, in accordance with
the declaration of Chairman McCum
bV (candidate for reelection) of the
Finance Committee that "it would bo
a waste of time to hear anybody else."
Despite Mr. McCumber's view, how
ever, there was a strong impression
prevailing at the Capitol whilo the
conference was going on that the
bonus raid is not going to have the
easy sailing that its sponsors predict.
If the bill reported by the Senate Fi
nance Committee passes the Senate
there remains doubt as to the fate of
the measure at the White House. Also
there is reason to justify the state
ment that Republican Senators will
demand to know in advance the Presi
dential view of the bonus project and
will be guided by It in casting their
votes.
firenter Rxprrtitlon of Veto.
A great many more Senators who
were In doubt on this point have rea
son to-day to expect a veto of any\
bonus bill sent to the President for
his approval. First of all they know
the President has not changed* his
opinion of the enterprise. Also they
are convinced that he believes the
overwhelming popular sentiment is
against it despite the misrepresenta
tions of the bonus raiders as to their
political prestige and the organized
propaganda they have thrown back of
Congressional support of the demand
of a noisy minority of ex-service men
for Government cash in payment for
their patriotic services.
After the officials of the American
Legion and Veterans of Foreign Wars
had made a strong plea to the Fi
nance Commltteo Republicans In
favor of the mlsflt bonus hill, passed
by the House, were Informed by Sena
tor Watson that the President was
unalterably opposed to the measure
and would veto it. The Senator was I
Sure Relief
FOR INDIGESTION
if]
BUVNAV
roll
IMDIOCSriOMj
6 Bell-ans
Hot water
Sure Relief
ELL-ANS
25( and 75? PsckHes tvrywher*
credited with having authority for his
statement.
The position of Commander Mac
Mder of the legion and Commander
in Chief Woodside of the Veterans or
foreign Wars was that the bonus
raiders do not caro particularly about
the form of the bill so long as it pro
Mdes Government money for service
men ambitious to commercialize their
patriotism.
They expressed the opinion that the
House bill should be pa?*?d because
It would provide ready cash. They
evidenced their satisfaction with Sena
tor McCumber s plan to pay in cash
all service men entitled to $100 or less
They also instanced their approval of
the plan of the same Senator to direct
the Treasury to issue certificates of
indebtedness having a negotiable value
to be taken up by bonds pledged by
foreign Governments to liquidate their I
debts.
Out r?p Ready C*ah.
The bonus propagandists did not
manifest any enthusiasm for the sug- '
gestion made by Senator Smoot to
award to all service men a paid up!
insurance policy payable at the end of I
twenty years to the holder or to the '
family of a decedent's beneficiary. Mr.
MacNider and his associates Expressed
preference for the insurance loan fea
ture in the House bill.
The chief point of difference be
tween the Finance Committee Repub
licans and the representatives of the
bonus claimants was over this pro
posal, which seemed to find favor with
the majority of the Legislators par
ticipating in the conference. Spokes
men for the bonus claimants, however,
agieed to take the Smoot plan under
consideration with the understanding
that they would advise the committee
of their decision to-morrow.
Only Interested in Renalta.
In answering questions of members
of the committee spokesmen for the
bonus raiders declared they had no
suggestions to make as to the most
feasible method that should be em
ployed to finance the bonus. They
said this was a matter for Congress j
to decide, as ex-service men were in-1
terested only in the results and not!
in the manner of providing them. '
Commander-in-Chief Woodside said
he was quite sure the majority of ex
service men seeking the bonus were
in favor of the plan to make any
Government obligations negotiable so
as to yield 40 per cent, instead of 25,
as appears in the House bill.
Members of the committee also
asked the spokesmen for the Legion
and Veterans of Foreign Wars to de
vise a loan feature which would meet
the objections of Secretary Mellon,
Federal Reserve Governor Harding
and Comptroller Crissinger. The rep
resentatives of the bonus claimants
balked at this on the ground that it
was up *o Congress to devise some
acceptable scheme for meeting all ob
jections?except those of the bonus
claimants, of course.
Indifferent to Land Setleroent.
It developed during the hearing that
the bonus claimants were entirely in
different as to the visionary land set
tlement feature of the House bill,
which would probably cost a stupen
dous amount of money to finance. In
this respect they were in thorough
agreement with members of the com
mittee, who have decided to eliminate
the land clause of the House bill.
Representatives of the bonus claim
ants also made known their entire ap
proval of the plan of bonutt Senators
drastically to revise the House bill. It
It: expected that the work of producing
a bonus bill, for which the Senators
seeking reelection are clamoring, will
proceed with celerity after the officials
of the American Legion and the For
eign Wars Veterans have announced
their decision regarding the sugges
tions made to-day.
Senator McCumber said after the
meeting that no conclusions were
reached.
"^e merely had an informal meet
ing with the officials of the American
Legion and other representative? of
the ex-service men," he said, "to get
their viewpoint. After they had made
known their wishes we presented some
counter suggestions. They have taken
them under consideration and will re
port back to the committee to-mor
row."
Senator McCumber said h# did not
expect that the Finance Committee
would hold any further hearings until
the Democratic members are called in ,
to put their O. K, on the bill which
McCumber and his party associates
will frame. He expressed the opinion
that "It wili not take long to do that."
Democratic Senators do not appear
/" A
Bonus Scheme Vicious,
Says Civil War Senator
SpccOii Dispatch (oTiib New Yoik H*ai d.
N>? York Ilrrnid llurrau. I
Wathlnilon, 1). April (4. (
SENATOR WARREN (Rep.
Wyo.), a veteran of the ci.'li
war, was at the White Houso
this morning. Asked his opinion
of the bonus raid as he was leav
ing, he said:
"My opinion of the bonus raid
wouldn't bo fit to print. It is
vicious, ill advised and reflects no
credit on the men who are seeking
to take advantage of their Gov
ernment."
V J
to be greatly chagrined over the ex
clusion of the Representatives of their
party from the deliberations of the Fi
nance Committee. Their Republican
colleagues assume that the majority
of Democratic Senators arc quite as
eager to win the support of the mili
tary organizations supporting the
bonus as are Republicans. They do
not believe the Democrats will rame
any row over a discrimination which
in ordinary circumstances would pro
voke bitter controversy.
Ignoring the policy of 'the Demo
cratic party during the war the greater
number of Democratic Senators ap
pear to think they are going to bene
fit'politically on equal terms with theli
Republican associates. That this is
not the Republican view, however, Is
established by the statement of a Re
publican member of the Finance Com
mittee who is assisting the American
Region to get what it wants?which is
cash.
"As long as we Republicans are
going tu put through this legislation."
he said, "we might as well get all W*
can out of it for the party. If we pas^
the bill and the President vetoes It l!r?
ex-service men will have no faulp to
find with us, because we will on
record as giving to them everything
they want and they will give us their
votes In return."
Senators of Jjoth parties who are
opposed to the bonus on moral, pa
triotic and economic grounds as wel'.
as a great many In the neutral group
who will follow the President appre
ciate the futility of interposing objec
tions at this time. Many of them have
expressed their indorsement of the
declaration of Senator Borah to an
American Legion post in Idaho which
threatened him with political punish- i
ment for opposing the bonus. The
Senator said:
"If I should vote for it (the bonus
bill) it would be a simple matter of
barter in which I would use the peo
ple's money to buy somebody's vote."
Opinion That Will Be Expreiaed.
That is the opinion that many
Senators will express during the de
bate on the bill.
Senator King (Dem.t L'tah) took a
fling at the bonus in a speech to-day
attacking the tariff bill. He said In
an effort to meet the demands of the
American Legion there now seems to
be a determined effort to anticipate
the payment of the foreign bonds
owing this Government by having this
Government underwrite them.
He declared such a plan is extremely i
poor financing and he argued that
many of the nations would not bo able
to meet their obligations to this Gov
ernment for 51 to 100 years, yet their
bonds will be used as an excuse for
the issuance of bonds by this coun
try.
"There will be such an orgy of
waste and extravagance when these
bonds are refunded," said Senator
King, "as this nation never has known.
In my Judgment the bonds will be
frittered away so that the bonded in
debtedness of this nation will be 134,?
000,000,000 to $36,000,000,000 insteal
of $24,000,000,000 as now. If the Re
publicans are wise they will lock the
bafifls up in a strong box and hold
them until the coupons mature and
are paid."
MONTE CARLO STOCK DROPS.
Casino Company Considers Passing '
or Itednplnfr Dividends.
Pari*. April 23.?Monte Carlo Casino !
stock is dropping on the Stock Ex
change, and the company is considering
passing or reducing Its dividends. It
is said the croupiers have not raked In
bank notes at the roulette and baccarat
tables fast enough to meet the high cost
of fast living.
The Casino's percentages of profit
have remained unchanged, It is said, 1
while everything else has gone up. It*
dividend, if liny. Is declared, will be ]
only 5 per cent, of the book value of :
the stocks.
TWO AND THREE PIECE COS
TUMES from Gidding that have
won favor for Spring.
Gray picquettc
collars a trim navy
suit and makes the
narrow turned up
cuffs on the flaring
sleeves?$65.
Black cire ribbon
is appliqued length
wise on the box
jacket of a navy
suit. Old blue crepe
makes a little peas
ant blouse?$95.
Jenny stitches
black braid in a Grecian design on a coat
of a navy picquetine suit and also, for
contrast, on the flame colored crepe
blouse?3145.
TIFTH AVENUE?^
56f/i Street ^tfth Street
Network
DRY COLD STORAGE?REMODELING OF FURS
Phone Circle 8300 and our delivery will call.
EVERY WHEEL STOPS
IH SOUTH IRELAND
Continued from First Pare.
It, save that it did not come from the
workers.
To-night all talk of o workers' re
public and Bolshevism is laughed at.
for the day proved that the demonstra
tion was an Irishman's affair, as'
ag&lnst the state of affairs in Ireland.
Belfast, April 24 (Associated" Press).
?Business proceeded as usual in Belfast
and throughout Northern Ireland to
day, but the one day strike in Southern
Ireland caused some inconvenience
through the stoppage ? of telegraphic
and telephonic communications between
Dublin and Belfast. The Great North
ern Railway ran no trains in Free State
territory, but service was maintained
throughout the six county area.
The only communications of any
character between the North anil the
South during the day were wireless
messages between the Victoria barracks
and the Dublin military. These mes
sages the authorities say, were purely
routine. r
Two men, one of them 76 years old,
were killed this evening in East Belfast
by snipers. '
CATHOLIC CASUALTIES
IN BELFAST HEAVY
Protective Committee Sends
Note to Colonial Secretary.
Belfast, April 24 (Associated Press).
?The Belfast Catholic Protective Com
mittee sent a message to Secretary for
the Colonies Churchill, asserting that
the war on Catholics In Northern Ire
land was continuing.
The committee in a statement says
the casualties in Belfast since the sign
ing of the pacP between the Northern
and Provisional governments on April
1 are as follows: "Catholics murdered.
14 men, 3 women and 4 children; at
tempted imurders. 27; wounded, 3!>;
houses looted and burned,' 75; houses
bombed, 5; families evicted, 89; per
sons homeless, 357."
BONUS TREASURY BILLS
OPPOSED BY MELLON
McCumber Proposal Is Also
Contrary to Harding Stand.
Special Dispatch to Tun New York Herald.
New Yorfi Herald Bureau. )
WaNiiinicton, D. ()., April 84. (
T^e MoCumber proposal made to-day
for a soldier bonus in the form of Treas
ury certificates of indebted icws as a
means of raising funds to avoid direct
taxation will meet firm opposition from |
the Treasury Department.
Sefetary Mellon has not been asked
lo appear before the Senate Finance
Committee with any specific data bear
ing upon this new phase of the bonus
puzzle, but the views ol the Administra
tion have been made known so clearly
in previous statements by the Secretary
that there is nothinK Mr. Mellon desire? :
to add to them at this time. He is un
willing, it is said, to be drawn into
further discussion of a subject which ha
feels has bee^vclea't with most exhaust
ively In hie .responses to Confjresa for
information bearing- upon the bonus and
its effect upon finances.
Dealing with tiie McCumber proposal
for Issuing certificates of Indebtedness,
officials say. It runs counter to one of
the Administration's fundamental objec
tions?from which the President and hie
Cabinet have In no reaped r'&ceded.
Secretary Mellon still adheres stronjrly
to the opinion th:tt an issue of certifi
cates snch as is proposed, Inevitably will
cause an upsetting ol the Treasury's well
considered plan for funding the short
dated debt. Including the Victory Joan,
which matures within a year.
POLICE FORMS ^OLIDIIED.
Vienna, April 23.?The police forms |
which every traveler In Austria was
formally obliged to fill out upon arrival '
In a city, giving intimate details of him- j
eelf and his business are to be abolished, j
If You're Moving, Please
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new homes or riew apartments
May 1st need have no interrup
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service if Knickerbocker be no
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an emergency call can be an
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28 GRAND ST, CLMtiORST
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TELEPHONE NEWTOWN 3400
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MAIN 572
MEN'S SHOE SHOP
OLF or
Sports
Low Shoes
for Men
*9.00
Washable!
Honest!!
Smoked Elk
that can be
washed like new
with Colgate and
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Mahogany
Cordovan saddle
and rubber suction
welted soles.
FIFTH AVENUE
Men's Shops?Separate Entrances
On West 88th and 37th Sts.?Street Level