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VOL. XIII. N X 12 j^g^ LtWISTOWN. LLKOU S OUUIN i I, 1V1 UIN 1 AINA, UtCtlVlBt.l\ zi. IVID. _ ___________ _ 1 1XIV - L - 1 1 v ^ Fergus County Democrat _ Se , .. _== _______________________________ ' - : -= = ^..IW.TV MnxiTAM* 1? A 4 ITT? D II I O IZL Twelve Pages LEWISTOWN, FERGUS COUNTY, MONTANA. DECEMBER 21. 1916. PRICE FIVE CENTS WILSON PAV tS WAY FOR PEACE NEGOTIATIONS INQUIRIES NUMEROUS AT LOCAL LAND OFFICE FOR THE EN LARGED HOMESTEADS. PRESIDENT'S SIGNATURE IS NEEDED The local United States land of fice Is already beseiged with prospec tive homesteaders who are determined to become land owners upon the sig nature of the 640-acre grazing home stead bill by President Wilson, which is expected at any time. The bill has passed both house, as already stated in these columns, and now needs only to be signed by the president to make ~ - ....... .... .................. it operative. Filings can then be made without delay, the classification to be determined later. Expectations are for quit a rush of filings as soon as the lands will be open to this new law. Even at present business is not at all quiet at the local government of fice, which deals with* the public do main. In fact, new filings of various kinds, proofs and contests are of daily occurrence. But with the operation of the graz ing homestead law there will be re newed activity. There are still many thousands of acres of public lands left in this district, which will come under the new classification. Much of this land will now pass into private owner ship and the result should be an im petus to stock development. Residence according to the home stead laws and the expenditure of $1.25 per acre in permanent improve ments, such as fencying, is required by the so-called 640-acre law. ROUNDUP BOOSTER HERE. H. M. Robinson, secretary of the Roundup Commercial club was in Lew istown attending the Anglers' conven tion. Mr. Robinson represents one of the live towns of the central part of Montana and is a live wire himself. While here Mr. Robinson interviewed the county commissioners on the pos sibility of securing their assistance in the building of a state highway from Lewistown to Billings, via Roundup. REPLY TO GERMANY Great Britain's Answer May Be Made Public Before Christmas. TO LEAVE DOOR OPEN ] LONDON, Dec. 20.—(9:21 p. m.) There is a strong probability that i Great Britain's note in reply to the German peace proposal will be made! public before Christmas. This was In the opinion in well informed govern- j merit circles today where it is also believed the reply will be brief and will likely follow the lines of Mr. Lloyd George's maiden speech as prime minister insofar as it will leave the door open for Germany to make concrete peace proposals. Great Britain's official reply to Ger many, as prominent officials preferred to term it, will be dispatched simul taneously with that of her allies. Ever since the German note was handed to the foreign office by the American ambassador it has been the subject of discussions between Premier Lloyd George and his cabinet council which meets daily. The note and the nature of the reply also have been discussed with Great Britain's allies and it is stated that these conversations have progressed so rapidly that prelimi nary drafts have already been made. It would therefore not be surpris ing if the allies' replies were ready by the end of the week. Especially, it is said, would this be true in the case ot Great Britain's note when the prime minister is declared to be anx ious to dispatch without delay. When the terms of the note are definitely agreed upon and the docu ment is signed by Lord Robert Cecil, who is acting foreign secretary in the absence of Mr. Balfour, it may be handed to Ambassador Page with the request that he forward it to the state department at Washington for transmission to Germany. This is said to be the most likely method, in asmuch as the United States repre sents the allies' interests in Germany. It is iust possible, however, that Great Britain may decide to dispatch the reply direct to the British ambassador at Washington with instructions to of _____ ____________ j turn it over to the state department. ___ 0 __ BUYS COFFEE CREEK STORE. F. M. Marble, manager of the Lewis town Co-operative Mercantile com - pany, returned Friday from Coffee Creek where arrangements were com-; pleted for taking over the big general store of Cox & Johnson. The com pany now owns establishments at Lew-1 istown, Straw, Grass Range and Coffee Creek The general offices of the company are and will continue to be In this city. [QUID Fergus county bar associa | ATION SAYS SO AND PASSES SET OF RESOLUTIONS. LEGISLATORS ARE URGED TO ACT At the annual banquet and talkfest of the Fergus County Bar association held last Monday at the Fergus hotel, resolutions were unanimously adopted urging the representatives in both houses of'the"*state''leg'lfilature, from ! this county,' to exert thei7best"efforis , to secure the passage of enactments | giving the Tenth Judicial district a j to add To more judges^ I second judge, and to add two more rt of this state. * Several members presented | conclusive arguments showing the j wisdom and necessity for such action. I Upwards of thirty attorneys and several invited guests, including theiwar representatives-elect from this county, t were seated about the banquet table when the serving began. Following the feasting, President R. von Tobel, who acted as chairman, called upon the first speaker, William M. Blackford, who referred to the report of the legislative committee, which was comprised of Mr. Black ford, H. L. DeKalb and Alfred Blais dell. The report as presented by Mr. DeKalb aroused a storm of discussion. It was finally referred back to the committee to report at a meeting of the bar to be held in this city on De cember 29. The purpose was to in corporate suggestions made during the discussion and to allow all mem bers to come forward with further ideas. -o NEW CONTESTS FILED. In the local United States land of fice Monday A1 V. Field of Winnett brought a contest against the home stead entry of Fred Homelen of Glen Falls, N. Y., alleging abandonment. ] The land is located in 30-13-28. An filed , i other contest was filed by Joseph E. Summers of Roy against John W. Schermerhorn, abandonment being the allegation. This land is located in j 6-15-28. Homer E. Geis of Winnett is attorney for Mr. Field and J. W. Bar' ker of this city is attorney for Summers. Additional Judges. The resolution introduced by Mr. Blackford stated that as it was the belief of the association that an ad ditional judge was imperatively need ed in this district, the senator and representatives from this county be urged to help procure the necessary legislation to secure such judge. This and the recommendation for two more judges on the state supreme bench were the important developments of the evening. Shop talk was intermingled with material of a lighter vein in the speeches that followed. A number of entertaining reminiscences of jus tice as It was administered or mal administered in earlier days in Mon tana proved delightful, and the even ing was one of merriment. Judge Roy E. Ayers. E. K. Cheadle, J. 0. Huntoon, E. C. Russel, J. E. Wasson, E. G. Worden and O. W. Bel den were called upon for responses to toasts. Each had selected his own subject, according to Chairman von Tobel, and for that reason each had something worth while to relate. Mr. Wasson suggested that the Fer gus county delegation use its influ ence to have Montana divided into two congressional districts, for rea sons that are apparent. SHIS GOOD DUDS HAVE A VITAL EFFECT ON VALUE OF FAHIH LANDS I WASHINGTON, Dec. 14.—The eco nomic value of good roads was empha sized today by speakers before the annual convention of the American j Civic association. I Herbert Quick of the federal farm loan board, explaining the relation be tween improved highways and farm I land values, said an efficient system ■ of country roads was cheaper and ! more valuable to the farmer than so- j called tap line railroads spurs which be constructed for less than $75,000 a mile and the cost of which must be paid by the communities they serve "Good roads have a vital effect on the value of farm land," said Mr. Quick. "If our board and country banks are to loan money on farms they must know the producing value of the mortgage element and here is where the value of good roads be comes manifest." Prof. Frank A. Waugh, of the Mas sachusetts Agriclutural college and last ! engineering, urged improvements and j beautification of the country's roads. j Prof. Albert D. Taylor of Ohio State university outlined the relationship of the landscape architect to country planning. j J. Horace McFarland of Harrisburg, Pa., president of the association, in : his annual address tonight declared 1 the war in Europe indirectly had been responsible for civic advancement In 1 the United States. The horrors of war, he said, had Impressed on the American people their civic responsi bility and their duties towards their j fellow men. The subject of national parks was ] presented tonight by H. B. Marshall of Washington; Herbert W. Gleason of Boston, and Enos Mills of Colo i rado. ISENDS FORMAL NOTES TO ALL WARRING NA TIONS President Suggests That an Early Occasion Be Sought to Call Out From the Nations Now at War, Such an Avowal of Their Respective Views as to the Terms Upon Which the War Mighl Be Concluded and the Arrange ment Which Would Be Deemed Satisfactory as a Guaranty Against a Similar Conflict in Future, as Would Make Possible a Comparison. WASHINGTON, Dec. 20.—President Wilson has appealed to all the belliger-, e ^ s ,,^ d A sc _ u 7 8 _^ 1 Without actually proposing peace or offering mediation, the president has offering mediation tne presmeiu mis sent to^—« ?Lf.£\:rr:™X° n L *Z*Z "f. r™ents "which" would 'be deemed satisfactory as L g.mr mfv acams. ,.. renewal or the kindling of any stmt iar conflict in the future as would make it possible frankly to compare, that "an early occasion be sought to call out from the nations now at war, such an avowal of their reRpecthe views as to the terms upon which the theiwar might be concluded and the a" them." j well known and has been conveyed In | different ways to the White House, The attitude of the entente allies as j expressed by their statesmen and cer Wholly without notice and entirely contrary to what administration offi cials have described as his course, the president last night dispatched the notes to all the belligerents and to all the neutrals for their information. This latest development In the rap idly moving world events toward a discussion of peace was not permitted to become known until tonight when the notes were well on their way to the American ambassadors in the bel ligerent capitals and probably already in the hands of some of them. It was a most distinct surprise to ail official Washington, which had been led to believe that with the for mal transmittal of the proposals of the central powers the officers of the United States would await further moves between the belligerents them selves and that certainly, In view of the speech of Premier Lloyd George and the announcements in Russia and France and Italy, further action by neutrals would depend upon the next careful and delicate moves of the bel ligerents. The whole tenor of official opinion throughout Washington, when the president's action became known, was that it immeasurably Improved the prospects for some sort of exchanges looking toward an approach to peace discussions between the belligerents, without Impairing the position of the United States should they finally he unable to find a ground upon which to approach one another. At the White House no statement whatever could be obtained as to whether any of the powers even had intimated how they would receive the note, and there was every indication that the same careful secrecy, which prevented anything whatever becom ing known about the president's action until it had been taken, would sur round any of the succeeding moves British officials declared they were utterly taken by surprise, were whol ly unable to explain It, and were em phatic in their statement that no ex changes whatever had passed through the embassy here as a preliminary The wish and hope of the German powers that President Wilson would Intercede In some way has long been tainly until recently In official ad | vices to the American government, has been that a peace offer by the United I States would be considered almost the next thing to unfriendly. All that, however, was before the German allies, of their own accord, brought forward their proposals for discussion of peace. President Wilson specifically says in the notes he is somewhat embarrassed in making the HonlBWlliu , euiuarmsBeu m uiauus me BUKge stion a t this particular time "be cauBe it may now seem to have been prompted by a desire to play a part jn connect i 0 n with the recent over tures of the centra i powers." Dlp i oina tist8 consider it incredible that the preBldent wou ld bring for ward 8U ch a proposal at such a time un j ess j,e ] lad reason to believe it, wou j d re ceive respectful consideration j at t)ie }, andB D f a n the belligerents, 1 an( j a j, ove a u_ would not prejudice the p 0B j t i O n of the United States as a ! w«- an: j President Roosevelts movein'905 t j end tke . w f r between Russia a " d da P J"- But in that case the P resident possible mediator. The German embassy view, consist ently hopeful that proposals of the central allies would lead to a discus- j sion of peace, was expressed in this authorized statement by Count von Bernstorff, the German ambassador. "Now," said he, "I am perfectly con vinced that there will be a confer ence." The nearest parallel in world his had been assured his proposal would not be disagreeable to either of the . belligerents, and curiously enough, it : was through Emperior William of Ger I many that the preliminary soundings crystallized into the suggestion that President Roosevelt take the steps. j ' Those in official circles who would discuss the notes thought It worthy of attention that President Wilson, after saying his action had long been in mind, added: "The president can only beg that his suggestion be con sidered entirely on its own merits, and as If It had been made in other cir cumstances." The president looks forward in the, notes to the part the neutrals shall , . take in assuring the future peace of the world. ......,,, ...............*J ha™ Vmln? ! are virtually the same as stated in gen 'u " 'T^hTnnd toThe' ^orld but yet the cmicrete objects of the war "have never been definitively , stated." - I There are indications that President the" German" proposals came out, and that the offer of the central powers and the succeeding developments made °™ ortu " lt >' fl>r * tS P " ta "° t n ' that the preBldent a8Ua ' uml rreau.™ ft ti f hiM noto 0 PVe nbefore HOlne ume ft K°- P'oDamy even ueiore CONTROL POLITICS Montana Farmers Go on Record in Favor of Running State. WILL FORM A LEAGUE BILLINGS, Dec. 20.—At its meeting here today, the Montana Farmers' Fed' eration went, on record as favoring control of state politics by tillers of the soil, after the mi*', r Adopted in North Dakota. With the' exception that money collected in Montana should be spent in this state, the com mittee went on record' as approving the program of the (North Dakota Non-Partisan League, which has al ready obtained a large membership in this commonwealth. Senator D. G. O'Shea spojte this aft ernoon on state insurance, strongly indorsing the plan, while J. M. Hiner of Reed Point led the debate on farm loans. Other speakers were R. T. Thomp son, Benchland. "Organization of Ele vators;" John McVoy, assistant stute secretary, A. S. E„ manager grain de partment, Great Falls," "Grain Ele vators as Public Utilities," and G. R. Whiteside, "Legislation for the Farm ers." , This afternoon's session, held be hind closed doors, was taken up 1 with a discussion of reports of the various committees, among them the ' legis lative committee which has in oharge the program of legislation to be in troduced by the farmers at thq gen eral assembly next, month. Tonight Thomas T. Sullivan spoke on the "Things We Need to Talk About," W. H. Beers, of Bozeman, oh "The Department of Farm Markets,'/ B. 0. White on "Farmers' Federation," and Clianccellor Elliott, on "Need qf Funds for the State Educational Institu tions." IN FROM WINNETT. * Mr. and Mrs. A. L. Rasmussen of Winnett were in the city yesterday, Mrs. Rasmussen leaving today for Yankton, S. D., where she will attend a family reunion during the holidays. Mrs. Rasmussen's mother from Penn sylvania will also join the party. Mr. Rasmussen will return to Winnett to day. , | DAY IN CONGRESS' mise flood control bill before connnit tee. Senate. Met at noon. Senator Newlands urged eompro Reconsideration of District of Colum bia prohibition bill. Passed $4,500,000 urgent deficiency bill, including provisions for relict of national guardsmen's families and for continuing operation of mints. Adopted resolution to permit in creased water diversion for power pur poses at Niagara Falls. Set Jan. 9 for vote on District of Columbia prohibition bill. Adjourned at 4:55 p. m. noon Thurs-ltral _ : day. I House. Considered urgent deficiency appro -1 priation bill. j Rear Admirals Straus and Griffin testified before the naval affairs com ; mittee. I General Crozier appeared before the j military affairs committee, j Passed 14,500,000 urgent deficiency bill. ' Voted to hold memorial services for the late Representative Moss of West j Virginia on Jan. 28. Ajourned at 4:55 p. m. to noon on j Thursday. .... , , ... .. , , .. , first only a clarification of terms, is tttk<m " B tudlCfltil| K that lie is not ox- j pect, " K nn ,n "' uldiate concU,sio "- l 'u war involving so many conflicting in terests. not. only between the two bel ligerent groups but even between na , tions of the same group, it l» realized I that much time may bu needed even to bring about the mere preliminaries It is desired, there av as many of those preliminaries as possible so that when a solution is near, either by victory or oxhaunUo., not aJay of needless |^ 'wlmn "the* "waT finished has not been disclosed, but It is known that it went to the cables yesterday. _______ _______ ...~ 0 f „ conference, t tore, to clear awa> On Monday the higher officials of the state department were taken into the president's confidence uml the text was sent to the public printer to make copies for the diplomatic corps. The fact that the lioto was completed not later than Monday and its dispatch Tuesday, indicate that It was sent re gardless of anything that Lloyd Goorge might say. Officials expect the note to bo re ceived with general favor In Germany, but many believe the real test will come with its arrival In the entente countries, where many influential per sons have feared and nought, to pre vent any American Intervention until the military situation changed. From Jhe fact, however, that Lloyd George's reply to the central powers was milder than generally had been expected and still loft the way open for further ne gotiations, it is believed that the allies will meet the present note In at least a friendly Bpirit.. While Gorman officials thoroughly understood that President Wilson mado It clear that he wus not in any sense offering mediation to the wnr rimr governments, it was declared that should the negotiations reach that stage Germany, being anxious to have (lie peace of Europe restored willingly would agree to such pro cedure. Neither does it make any dif ference to Germany, it was said, whether the conference is composed of representatives of all the bolllger e.nts or just, tile coalitions. So far as Germany Is concerned the view held here is that she would he perfectly willing that a committee of three, formed of a representative of the central powers, a representative of the entente and a representative of the United Statos should hold pre liminary discussions. The main idea of Germany and her allies is te got each set of belligerents Into direct i personal communication with tho other. Tile method is considered of secondary importance. Tho view prevails in German quart ers that, all the belligerents will make some definite statement in reply to the United States. The very plmrse ology of the American communica tion, it is felt, calls for replies far more definite than mere acknowledg ments of receipt. Bernstorff discuss powers Count von Bernstorff may discuss the situation witli secretary Landsing some time tomorrow. The notes to ttic belligerents are i prefaced with the instruction of Sec-, rotary Lansing to tho Ameircan am bassadors presenting them: "The president directs me to semi you the following communication to lie presented immediately to tho min ister of foreign affairs of tho govern ment to which you arc accredited." The texts of the notes themselves then begin, identically as follows: "Tlie president of the United States has instructed me to suggest to the (here is inserted a designation of the government addressed), ft course of action with regard to tlie present war, which lie hopes that tlie government will take under consideration as sug gested in the most friendly spirit and as coming not only from a friend, but also as coming from tlie representa tive of a neutrul nation whose inter ests have been most seriously affected by tho war and whose concern for its early conclusion arises out of a mani fest necessity to determine how best to safeguard those Interests if the war is to continue." At this point the texts vary. In tlie notes to the central powers this para graph follows next: "The suggestion which 1 am In structed to make tlie president lias long had it in mind to offer. He is somewhat embarrassed to offer it at this particular time because it may now seem to have been prompted by a desire to play a part in connection with tlie recent overtures of the cen It has, in fact, been in _ no way suggested by them in its ori gin and the president would have de layed offering it until those overtures had been Independently answered, hut for the fact that it also concerns tlie question of peace, and may best be considered in connection with other proposals which have the same end in view. The president can only beg that his suggestion he considered en tirely on its own merits, and as if it had been made In other circum stances." In the note to the entente allies the (Continued on Page Eight.) The high cost of living lias brought the subject of farm-produce marketing to the front and lias resulted in some cooperation of the east willi the tillers |()( . (h)> a( , ( , t) ,. dluK vvhite, representative elect of Buffalo. Mr. THAT IS ONE OF PROBLEMS WITH WHICH FARMERS HAVE BEEN CONTENDING WITH. WHITE TELLS OF THE MEETINGS wh, »° 1,rtR • iust rnll,rnod to Montana Iafter ntteiiding important farmers' «• end St. Paul, hr ~ ing in Lewistown on a brief business visit, in a few days ho will leave for Billings to attend tiro state federation meetings there. Theory of Marketing. At the Sherman house, in Chicago, the philosophy of marketing farm products at the least, expense, so iih to benefit both the producer and con sinner, was the subject carefully dis cussed. College professors, hankers and political economy experts parti clpated, and the theory of farm-prod uct. marketing was very thoroughly threshed out. The sentiment was for the elimination of useless middlemen, although to entirely eliminate the mid dleman does not seem practical or pos Hilda. Cheaper Products. The sentiment among the consum ers of the east is, of course, for cheap products," said Mr. White to Democrat representative. "Just how this can lie brought about was considered at the Chicago meeting The reasons for the high cost of farm products can he readily ascertained. It is so evident to the traveler that enHt of St. Paul sheep, liogs and cat tie are not nearly as plentiful aH for merly. it iH the shortage of livestock and farm produce of all kinds, togetli or with tho war demands, that Inn brought on the present condition. Bad crops have been a factor in the short ago of grains. To overcome the con sequent high prices tho east Is talking of the embargo on farm products. This does not meet with approval among farmers, who say that tlio world mar kot Ib thus taken away from them, and that this Is not right. Their an swer Is for some of tho city people to go onto the farm lo go to work and help IncrOuMi *; e production." Equity Meeting. Ill St. Paul, Mr. White attended the Equity Exchange gathering, lining one of the three delegates from Montana Mr. While was invited to speak for this state, and lie was prominent at the convention, making one of the notable address. Professor Wilson of Bozeman and W. L. Beers of Great Falls were tho other Montana dolo gathes. Country Is Prosperous. Mr. White vlstod Boston, New York and Philadelphia during tils three weeks' trip In the oast, and everywhere he finds prosperity in the saddlo. Thrilled at Big Game. It was Mr. White's good fortune to witness the Army-Navy football game at tho Polo grounds in New York, when over 50,000 people wore madly rooting for tills side or the other. It wuh a thrilling spectacle, and Mr. White enjoyed it very much. Big Acreage Sowed. Speaking of the Buffalo section, Mr. White says that the heavy snow is a good thing for the farmer. A larger acreage of winter wheat was put In the ground this fall than a yonr ugo, and conditions are very good MURDER MYSTERY DEVELOPS IN DEATH OF HOMESTEADER Word was received in this city yes terday of the mysterious death near Ityegate of a homesteader named An derson. I-ato Thursday night his body was found, half covered with snow, near the outskirts of the little Mussel shell town. A bullet wound, Indicat ing that the man was shot from be hind. was discovered, the course of I lie bullet being through the back and chest. Together with two companions An derson came to Ryegate about a week ago from South Dakota to establish residence on his homestead. How ever, the trio stayed around town for a few days and seemed in no hurry to get away. Anderson was last seen alive Saturday. His companions left about that time, one for Broadview and the other for South Dakota. Both have been apprehended in an effort to gain same information concerning the man's death. Anderson was a young fellow and unmarried. His body was accidentally discovered by a Rye gate man who was out hunting jack rabbits. The officers of Roundup are working on the mystery. O RIDDICK SELLS CATTLE. Car! W. Riddick returned to Lewis town Friday after a business visit at Straw', where he disposed of 150 head of two and three-year-old heifers to C. C. Long. The stock was Short horn, and had been shipped into Mon tana by Mr. Riddick from North Da kota and Canada. Mr. Riddick has sold over 400 head of this grade stock the past few months to Fergus county stockmen and farmers. John Biglen yesterday loaded four cars of sheep for Billings at the Mil waukee yards. These sheep were purchased by Mr. Biglen from the Fergus ranch and will be placed in the Billings feed yards. FOUND GUILTY JURY LEAVES PENALTY TO BE FIXED BY COURT; SENTENCE TO BE PASSED SATURDAY. THIS IS NATURALIZATION DAT Tlie case of Rillin J. Munroe, hargwl with the theft of a span of horses belonging to 1*. U. Brougher, wont to the jury shortly before 6 I'eloek last evening and the jury soon eturned with a verdict of guilty, leav ing the penalty to be fixed liy the court. Judgo Ayers announced that e would pass sentence on Saturday t 10 a. in. The trlul of this case oe upleil two days and wbs stubbornly contested, County Attorney Frank Wright and George A. Judson of Grout Kails representing the state, while Judge IS. K. Cheadle made a gallant fight for tho defendant. Barden Sentenced. Al Barden, charged with obtaining $500 from Ei B, Stack by means of false representations, pleaded guilty in tlie district court yesterday ami was sentenced by Judge Ayers to from one to six years in tlie penitentiary. Henry Arraigned. Police Officer O. W. Henry, charged with an assault in the second degree in clubbing John Quinlan, the com plainant, was arraigned and took until today to plead, O. O. Mueller, the city attorney, representing him. Tho wit nesses for the state named on the iu forniation are R. II. Frazier, tlie con tractor; Henry Wnuburn, Cyrus Mo zart, Timothy McGraw, Fred O'Neill, Edward Groghan, John Turner, George Holland. William Badger. Naturalization Day. TIiIh Ih naturalization day In the district court and 41 applicants for ad mission to citizenship have been noti fied to bo present. The ease of J. H. Gallagher, charged with grand larceny, Is also set for trial today, but Is not very likely to lie reached. ---------------O------ HERE FOR HOLIDAYS. Mrs. David G. Browne, Jr., and Mrs. Ralph Luther of Grout Falls arrived In tho city last night to visit with their mother, Mrs. L. Deaton, until after tlie holidays. CRASH IN MAMTS AH War and Semi-War Shares Drop From 5 to 72 Points. WHEAT DROPS ALSO NEW YORK, Dec. 20.—laisses of 5. 10 and 15 points for many stocks and a 72-point drop for Bethlehem Steel accompanied today's further sweeping liquidation of stocks. Bethlehem Steel fell to 500, a decline of exactly 200 points from its maximum of the previous mouth. Kails ngalus proved the only not able exception to the general rever sal. which took in virtually all war and semi-war shares. Shipping stocks were most seriously affected on the notice served by England's prime min ister yesterday that it is intended to exercise supreme control over all ves sels Hying the British flag. Peace developments were again made tlie ostensible weapon to bring about further price recessions, which not only effaced most gains of recent months, hut sont some stocks down to levels of a year ago. A more powerful factor was found, however, in the tremendous pressure exerted by professional traders, now largely committed to the boar or short side of the market. This clique has operated extensively ever since Ger many's peace overtures became known. Another powerful influence in the direction of lower prices was that wielded by leading financial Interests, which continued to call loans and mark down all but seasoned stocks of fered as collateral, to the increased embarrassment of brokers and their clients, the latter being in turn forced to strengthen impaired margins or sell out. According to board room gossip, heaviest losses of the past week have been sustained by a group of western and southwestern operators, who took the market out of the hands of local professionals a few months ago. Today's more extensive extreme re cessions. in addition to the setback in Bethlehem Steel, were: Mercantile Marine 16 points, with 7 for the com mon; Atlantic, Gulf & West Indies, 15; South Porto Rico sugar, 10; Amer ican Beet Sugar, 6%; Utah Copper, 5 3-4; American zinc, 7; Central Leather, 6 3-4; Sloss Sheffield Steel, 7; Crucible Steel, 5 3-4; Lackawanna Steel, 6%; American Locomotive, 4 3-4, and as much for Pressed Steel Car. Despite these adverse service con ditions, general news of the day indi cated a continuance of the long sus tained prosperity aside from reported price concessions In copper.