davidaulloa/AmericanStories huggingface dataset:
Evening star., 1915-10-24

lating the exact amount of capital thus
employed. since SO much of the in
vestment is of an indirect character.
British warships have put a stop to
Hamburg's commercial activity, but 1t
must not be supposed for this reason
that all the Hamburg capital invested
in mercantile houses abroad is idle and
unproductive. Except in the British
possessions few German firms the
world over have gone out of business
on account of the war.
Their connections with Germany are
shut off. but they get goods elsewhere,
even from England herself. notwith-
standing denials, and continue to sell
at a profit. The profits are not SO great
as in normal times. but they are suffi-
cient to justify continuing business,
and thus safeguarding the capital in
vested both by themselves and by the
commercial houses in Germany
Outside of the distinctly commercial
Evening star., 1915-10-24
The AimIeSS Man.

66TF HE man without an aim in life"
said Charles NJ. Schwab in Y.
NJ. C. A address in Loretto. ''is in as
absurd position, compared with the man
with well marked aim. as. for example,
the drunk in the railway station.
"a drunk got out of a taxicab at a
railway station, lurched over to the ticket
window, touched his opera hat and said:
"'Give me a-hic-return, please
"'Where do you want to go to?" said
the ticket agent, impatiently.
''The drunk, stroked his chin and con-
sidered a minute. Then he said, with
polite smile:
'What-hic-trains have your"
Evening star., 1915-10-24

the French partners in this enterprise
at the beginning of the war and were
sequestered by the French government
But the total amount is very small
item in Germany's foreign investments.
Central America, and especially Guate-
mala. has not been profitable field
for Germany during the last year. but
the conditions are improving some-
what and there is no permanent loss.
Canada is the one section of the west
ern hemisphere where German invest
ments are not yielding any return 1t
is said that the kaiser himself was in
danger of being a heavy loser through
the seQueStration by the British gov
ernment of the properties he owned in
northwestern Canada, but that DIR.
Dernburg succeeded in getting most
of these properties into other hands.
German investors had taken some of
the Dominion provincial and munich
pal securities, but their chief invest
ments were in the Canadian Pacific
railway. The British government has
stopped any dividends going to Ger
man owners of Canadian Pacific Sc
curities, but it has not. so far as
known, confiscated the securities them
selves
Before the war broke out there had
been heavy selling of Canadian Pacific
on the Berlin bourse. and some of the
partisans of England claimed that this
was proof of Germany's deliberate in
tention to engage in hostilities. Moth
ing, however. was adduced to show
that there were more than ordinary
speculative transactions.
Active as the movement was. 1t is
certain that most of the German hold
not care to part with their holdings,
ing. temporarily at least, their divi-
dends.
Making full allowance for the loss
on German foreign investments, due
to the interruption of commerce and
to the reduction in the securities held,
such as that resulting from the sale of
American securities. il is not likely that
Germany has suffered so complete a loss
of foreign income as its commonly sup
posed.
The proportionate loss. however. is
most likely greater than that of Eng
land. A reasonable estimate would be
that if Germany at the beginning OF
the war had an income of $360,00o.0o0
from her foreign investments. she now
has something more than 0,000. 900.
Whatever the amount, the German
government is getting its full share In
the way of taxes, for the German sub
ject no more can escape the income
tax than can the British subject. His
paternal government follows his in
come to every corner of the world, and
takes its quota.
Evening star., 1915-10-24
Washington Fairgrounds
industrial Work ExEaiibit

by the exhibit at the museum, has
proved popular wherever tried, and
serves a very useful purpose, in that
it teaches a child to turn his hands
to things of real value, and at the
same time gives congenial employ
ment. More attention will be given
to this feature next year than ever be-
fore. But this does not mean that the
other popular features will be neglect
ed; is merely one line of work to
be pushed in bringing the Fairgrounds
to the highest standard of efficiency
play facilities are provided juvenile
delinquency has been materially les
sened and the expense of maintaining
Fairgrounds is not an additional tax,
but merely the transferring of eN-
penditure from the maintenance of
jails. police stations. penitentiares and
asylums as means of punishment or
Evening star., 1915-10-24

hero Hunyady In this battle of Varna,
King Ladislaus. or Wladislaw, was
killed, having only been crowned King
of Poland a few years before. Varna
was taken by Russia in 1928, and it
was occupied by the allies in 1854. The
city of Varna was the starting point
for the English expedition into the
Crimea at the time of the Crimean war.
X
Kavala, the small port on the Aegean,
off which Italian warships are reported,
is a small town in the vilayet of
Saloniki. 1t is on the bay of Kavala
and lies about eighty miles southeast
of Saloniki. The present Importance
of Kavala is said to be it's proximity
to Dedeagatch and the branch rail-
way which runs to Kuelu Burgas,
where it joins the oriental line which
runs from Constantinople through
Philoppopolis, Sofa and Nische and
finally to Belgrade. The great strategic
value of this railroad lies in the fact
that it constitutes the only link by
land between Constantinople and the
cities of Europe.
Crown Prince Alexander, according
to reports, has taken command of the
Serbian army. 1t will be remembered
that his elder brother George by
his abominable escapades and notorious
debaucheries so incensed the Serbian
people that they demanded he be de-
posed as heir to the throne, in favor
of his younger brother. The story goes
that George wound up his disgraceful
career by brutally numbering his valet
de chambre without cause, after an all
night debauch. King Peter was urged
to declare his elder son to be of un-
sound mind and to save trouble and
scandal by having him incarcerated
in an insane asylum.
At the same time he was advised to
proclaim Alexander, his youngest son.
heir to the throne. King Peter. it is
said. realizing the storm Of Indignation
occasioned by his elder sons notorious
conduct, unwillngly followed this ad
vice. realizing the patent fact that the
public excesses of his heir made more
precarious the crown he himself had
then but recently acquired by the as
sassination of King Alexander, his
predecessor.
King Constantine, the present ruler
of Greece. came to the throne by the
assassination, few years ago. of his
father. King George II, who was the
son of old King Christian of Denmark.
familiarly known as 'the father of
royalties" from the fact that his sons
and daughters were themselves SOW
ereigns. The Dowager Queen Alex
andra of England and the Dowager
Czarina of Russia are his daughters
and sisters of the late King George of
Greece, who became ruler of the Hell
lenes by their invitation.
In Athens the memory of their
Danish-born king is still fondly re-
vered. A story is told that the demo-
cratic king once encountered a visitor
strolling in the palace gardens. What
kind of man is the king?" inquired
the stranger. unconscious of whom he
was addressing. "Oh, the king. l re-
gret to say. is no good" King George
replied. He has done nothing for the
country.
THE less said of him the BETTER" he
Evening star., 1915-10-24

pressed condition of the nitrate in
dustry. brought about by the war. The
Hamburg market for nitrates and the
by-products derived from them is
completely closed, but on the whole 1t
is not certain that German investments
in Chilean nitrates are suffering any
greater loss than British investments.
The tramways of Santiago and VAL
paraiso are controlled by German in
vestors and are profitable.
The Deutsche Bank of Berlin is un-
derstood to hold between and 10 per
cent of the Chilean public debt. There
is no loss from this source. since Chile
regularly pays the interest. and will
pay the principal whenever the debt
is funded. Berlin also has an addi-
tiopal security in the money which the
Chilean government has on deposit
there as a part of its gold reserve fund.
The Deutsche Bank through its
subsidiary, the German Transatlantic
Bank. also holds Peruvian government
securities to the amount of several
million dollars, These are in the form
of a short-time loan. The underlying
security, which is Peru itself. is sound,
and the interest is paid. SO there is no
loss of income on this investment.
German investments in Ecuador in
the cacao plantations are yielding a
good income. Although the cacao prod
uct is handled by Germans, most of the
crop is shipped to England and France.
The crop this year has been handled
more through drafts on New York than
on London, and the price has been
good, so that German income from
Ecuador has not suffered.
Along the Caribbean, German invest
ments in mercantile enterprises have
suffered no diminution of profits. The
trade of Colombia is largely controlled
by German mercantile houses at Bar
ranquilla, and Colombia has had a
pretty good business year.
Venezuela always has been a profit
able source of German investment in
banks, in general trade and in rail-
ways. While Venezuelan commerce
suffered at the beginning of the war.
it is becoming normal and the Ger
mans whose business is diverted from
Hamburg are nevertheless finding other
markets, and their invested capital is
yielding fair returns.
Cuba represents the most profitable
of the German investments in the West
Indies. German capital invested there
in banking and in sugar plantations
and tobacco plantations is yielding
this year an unusually good return,
due to the general prosperity.
Haiti is rather a dark spot for Ger
man capital because of the revolution
ary conditions and also because the
German funds invested in the National
Bank of Haiti were in the hands of
Evening star., 1915-10-24

investments the medium of investing
German capital abroad is centralized
in group of banks. The Reichsbank,
which is the imperial bank of issue,
and is the medium of war finances, is,
however. not the financial institution
through which the foreign operations
are conducted. The Deutsche Bank Of
Berlin is the principal medium of Ger
many's international financing, al
though the Dresdner and other great
institutions do not limit themselves
to the domestic field.
The Deutsche Bank in 1913 had de-
posits to the amount of 1884 900, 900
Its foreign branches. or affiliated banks,
do not take it's name. In Germany
there is the Banco Aleman Transatlan-
tico, or German Transatlantic Bank,
which is another name for the
Deutsche Bank. There are also the
Brazilian German Bank and other
German financial institutions. In the
Evening star., 1915-10-24

veloping German industry and German
commerce.
Paternalism of the monarchical kind
has been as clearly defined in the for
eign investments as in those at home
The German government has encour-
aged those made for the purposes of
exploiting commerce. 1t has super
vised, with extreme strictness, the sale
of securities which are not of this char
acter, such as American. railway bonds
and stocks. The German investor has
been protected in a manner that out
does the "blue-sky" legislation of some
of the western states. On this account
his income returns have been pretty
safe.
Securities of other countries have not
been discouraged by the German. policy.
The assumption has been that nation
is much less likely to become bankrupt
than a private corporation. The pres
ent war may show this to be mis-
taken view, yet, until fifteen, months
ago, so far as human wisdom goes, it
appeared to be a sound view.
In overseeing the foreign securities
which German investors have been al
lowed to buy, the government in many
instances has had in mind also the ad-
vantage from the international politi-
cal standpoint of holding the obliga-
tions of other governments. The total
of these obligations held in Germany
is considerable. The German designa-
tion of them is that of state paper"
On the Hamburg bourse. in the year
1913, s222,000,800 of foreign state paper
was dealt in and 100000 of foreign
provincial paper. The German state
and provincial paper dealt in was $2O7.-
10000, but in the previous year the
amount had exceeded considerably the
foreign obligations which were ham
died Foreign railway bonds and shares
during this year were sold to the
amount of $4S, 800 900. and foreign in
dustrial bonds to the amount of ST.
100000
The Berlin bourse, which is one of
the chief mediums for handling foreign
securities. would show about the same
proportion as Hamburg of foreign in
vestments as compared with domestic
investments. 1t has not yet been dis
closed that Germany has sacrificed an
overwhelming amount of her foreign
securities on account of the war and
that her income from this source has
been reduced to ciphers.
Nearly year ago 1t was reported
that Scandinavian bonds held in Ger
many were being disposed of quietly,
and also that the same course was
taken with regard to Ruma nian secu-
rites. but there was no general selling
out.
Early in September of this year Ber-
lin gave out a statement that the new
German war loan would cause the sale
of less than s15.000,o0o of American
Evening star., 1915-10-24

Bulgarian quadrilateral: 1t is the chief
seaport of Bulgaria, and has an i'm
portant export trade in grain. Perhaps
nothing strikes traveller more forci-
bly, who has come from the thriftlessly
sterile fields of the Turkish sultan's
kingdom than the sight of the mag
nifcent Bulgarian fields of golden
grain.
Mile after mile from the car windows
succession of fine farm lands is
seen, and at harvest time a pretty pic
ture is afforded by the men and women
busily working in the harvest fields.
AT little distance the sturdy Bull
garian peasants, in their gay jackets
and bright scarlet kerchiefs, look sur
prisingly picturesque. and remind one
of the chorus of one of the operas.
Here and there glimpses are caught of
wayside shrines. in which the huge
crucifix, with its crude figure of the
Savior. is seen decorated with fresh
flowers, placed there by the humble
Evening star., 1915-10-24
Investments Now Yield Reduced Income
THOUGH a Minor Source of War Income

# HOUGH a Minor Source of War Income
as Compared to Domestic Resources,
Income From Germany's Foreign Invest
ments Is an Appreciable Factor-It Is Now
Shrinking Until Outbreak of War 1t
Amounted to Approximately Three Hun
dred and Sixty Millions a Year-How Ger
many Made Her Foreign Investments.
American Securities Held in Germany.
Teutonic Capital in South America Can
adian Properties Owned by Germany.
Her Income Now About Two Hundred
Millions Year.
Evening star., 1915-10-24

cure to the maintenance of supervised
Fairgrounds as means of prevention.
ITO inaugurate and maintain prop
system of Fairgrounds requires
painstaking investigation and careful
consideration of the needs of the COM
munity. No general rule which will
suffice in every city can be laid down.
Neither can a fixed plan be devised
which will meet the needs of every
section of a given city. Each section
should be considered separately. and
such playground be maintained as
will meet the requirements of the inn
mediate vicinity.
Washington needs more Fairgrounds
and it is hoped that new ones may be
opened next year in some of the more
crowded sections of the city. 1t is
intended to develop a comprehensive
system such as the city really needs
as soon as possible
Evening star., 1915-10-24
The Khaki Craze.

66Es vERYBODY in England is in
IL khaki now" said the Duchess of
Manchester to reporter just before
embarking for England. This uni
versatility of the khaki uniform has its
drawbacks.
II know a man who came home the
other evening and found his three chill
dren-a boy of seven, a girl of five and
Il baby-all busy on the floor with his
new box of mild cigars.
What are you doing with those ci-
gars? he roared.
"-Oh, father said the boy, pointing
to the brown tobacco. remnants on the
carpet. we was pretendin' that they
was khaki soldiers, and we took off
their puttees. and now We can't get
them on again."
Evening star., 1915-10-24

near east the Orient Bank is the chief
subsidiary of the Deutsche Bank, and
in the far east German banking capt.
tai is thoroughly established.
The Deutsche Bank is the instrument
of Germanys political and commercial
expansion in the near east. The Bag
dad railway, which is now the prize
for which both sets of belligerents are
gain to be had from developing the
economic resources of the Garden of
Eden and good deal of mineral terri
tory, which is far from being a garden,
was financed by the Deutsche Bank
South America has proved one of the
most profitable fields for German in
vestment. German; capital is in banks
in all but two or three of the South
American countries and is in about
everything except mining enterprises.
Mines have no lure for the German in
vestor, Notwithstanding the prospect of
dazzling profits which are sometimes
realized.
X
The German capital invested in the
Argentine Republic is estimated at
$300,000.000. Besides the banks. much
of this. probably the larger part is in
commercial enterprises. The German
commercial colony in Buenos Aires is
fully as influential as the British COM
mercial colony, although less is heard
of it,
Coffee and cacao have been leading
sources of income from German invest
ments in Brazil This profitable traffic
with Hamburg, OF course. has been shut
off, as also valuable trade in Bra
lillian hard woods. which had their only
market through Hamburg. Yet the in
reference with the currents of COM
merce has not caused any of the Ger
man commercial houses in Brazil to
go out of business. They may not be
making as much money as formerly, but
they are holding to their Investments.
The German colonies, So. called. in
southern Brazil hardly can be termed
ness with Germany merely because of
tinued use of the German language, al
encourage trade.
of a permanent character. Some OF
it went many years ago to Valdivia,
where the grain trade and the tan
industries, as we'll as the local COM
merce, are in German hands. In the
course of years the income from this
trade is shut off as long as England
the war is over German investments
in. southern Chile will remain un-
touched.
nitxates suffers because of the de-
Evening star., 1915-10-24
Use Tin Boxes.

GAVE your tin marshmallow and wafer
~ boxes and you will find them con-
venient when sending flowers or wedding
cake by mail. The cake or flowers will
keep several days if the cake is wrapped
in oiled paper and the flowers in moss or
damp cotton.
Evening star., 1915-10-24

securities. 1t was further said that
previous loans had caused the disposal
of about s50,000,O00. and that approx
imately $100,0O0,00O were still held in
Germany.
The American securities held in Ger
many consist of high-class railway
bonds and stocks and some municipal
and state loans. Conservatism has
been the keynote in making these pur
chases, and substantially all of the
American securities are good sources
of permanent income.
Germany's foreign investments have
been made through few central
agencies. The Hamburg commission
houses and mercantile firms, which are
said to number 1000, are partners in
German commercial houses all over
the world. There is no means of calcu-
Evening star., 1915-10-24
Serbia Storm Center of New Battle Front
- ERBIA has already become recog-
u nized as the new storm center OF
" the great European conflict for the

- ERBIA has already become recog-
~ nized as the new storm center Of
~ the great European conflict for the
possession of Constantinople. Mil
itary strategists point out that Bulgaria's
active participation in the European con-
fict tends to create most serious situa-
tion. which the allies must face. Unless
the Bulgarian attack upon Serbia is
quickly war6ed or 1t is declared. there is
imminent danger that King Peters
sturdy little kingdom will be crushed
between the great forces of the Austro-
Germans the north and west and the
Bulgarian army on the south.
A large Russian fleet, Milan dis
patch states. is blockading the coast of
the Black sea near Varna. while the
report adds Italian warships are pa
trolling the shores of the Aegean from
Kayala, on the Gulf of Kavala. to
Dedeagatch. on the Gulf of Enos.
Dedeagatch is seaport which was
taken from Turkey by Bulgaria. after
the last war in the Balkans as part of
her spoiis.
In ancient days Belgrade was known
as Singidunum. The city belonged at
various times to the Roman and By
zantine empires. and was possessed by
the Avars, as well as the Bulgarians
and Serbians. 1t has known many
sieges. having been taken by the Sui
tan Soliman II in 1871. who annexed it
to Turkey. In 1858 the Bavarians took
Belgrade from the Turks. and twelve
years later the Turks recaptured 1t
from the Bavarians.
One Of the most famous of all the
conflicts for the possession of the city
was Prince Eugenes successful siege,
which occurred in 1717. He won de-
cisive victory over the Turks, in spite
of the fact that they had been re-
inforced> by a great Ottoman army of
100000 men. His zigzag Notifications.
extending in a great curve outside the
town. from the Save river to the
Danube. were provided with trenches
twenty feet deep, which at that time
were considered enormous. Signs OF
these old fortifcations were visible for
more than a century and half. 1t Is
said.
Belgrade of today consists of two
towns. the old and the new. The mod
ern portion of the city boasts well
dressed crowds. automobiles. trolley
cars and electric lights. A handsome
boulevard, the Terazia, a mile in
length. bisects the modern city. Now
known as the Rue Milan, IT has be-
come the most fashionable promenade.
and boasts not only fne shops, hotels
and residences, but also the Orthodox
Greek cathedral and the new palace.
The old karnak, in which the kings of
Serbia used to reside. formerly stood
in the garden adjacent to tn. present
palace.
But after the brutal murder of King
Alexander and his consort by the mill
tary clique. which put King Peter,
Kara Georges grandson. on the throne,
he had the telltale landmark pulled
down. Today the karnak garden alone
remains, every vestige of the building
having been removed. the spot being
completely covered by a grove of Ar
trees. However. the people of Belgrade
Whisper ihat tne wnte rose pushes
which the military assassi tossed the
mutilated coxDSss Of their murdered
Evening star., 1915-10-24

TT should be remembered that if We
accustom the little folks to find their
amusement in the playground instead
of the street they will not be likely to
forget it's pleasures and advantages as
they grow older. The efficiency of
playground depends very much on the
director, and may be measured by the
percentage of the children in the vicin-
ity who take advantage Of it as a place
for play.
THE industrial feature, as illustrated