The weekly times-record. (Valley City, N.D.) 1912-1922, 1919-07-24
THURSDAY, JULY "a, 1919.

GERMANY WANTS CREDITS AND LOANS
Berlin, July 18.-Germany wants loans or credit from
America Director Wasserman, of the Deutsche bank,
made this clear today in an interview in which he pointed
out that raw material and food wereessental if Germany
is to meet the essentials of the entente and become the
stable member of world society.
German bankers would not make overtures to Amer
lea they don't know whom to approach but would wait
for American financiers to renew relationship
There is only one way which Germany can be helped
at this time he sad IF she could get copper and other
material on credit then she can begin the task of
building and repaying debts She wants credit for
long time as is required to produce goods
with the proceedings from 12 SO of the material
thus believe we could pay our creditors
tene and America taking steps by which the value of the
German market could be Stabilized for year or more
FOREIGN GOVERNMENTS ARE SOUNDED OUT
Washington, July 18-Foreign governments are be-
ing sounded out their attitude towards the proposed
Root reservation to hepeace treaty in event the senate
should adopt all Of them, administering
ator said today. This senator thought declining to be
quoted directly indicated the belief that if the senate
adopts reservations, counter reservations will be pro-
posed by at least one other government The general
olution would be:
ISerious delay in carrying out thepeace settlement
through delaying the final ratification by sufficient
Der of people to make the treaty effective.
2-Hampering immediate and successful launching
of the league of nations
3-Reporting Of discussions presumed settled by the
treaty.
the senate would violate the contract the nations had made
for the restoration and maintenance of peace.
CHICAGO WORKERS ARE LOCKED OUT
Chicago, ILL.,, July 18.-Ten thousand building and
structural contractor workers locked out today
orders of the carpenters and contractors association and
building contractors employers association following the
refusal of 5000 of their to return to work. The
asked flat increase of zoe per hour The employers
agreed to grant them IL lie more than thew were getting
An utmaum issued last night giving the men until
m to resume work. When no men showed up the or
der was issued This lockout ties up than $20OOO
600 worth of building and street improvements Dozens
of projects are pending The daily loss to the thrown
out Of work is estimated at The two employers
associations have membership Of 100 contractors in the
Chicago district Two thousand letters mailed to the
employers notifying them Of the lockout.
H. Nichols, secretary Of the Chicago Federation Of
labor declared that the workers will not 60 back until
their demands granted He said that their wants will
be supplied by contributions from the labor union and
from the public in general.
The last general lockout in Chicago in 1899 when
10000 men out 13 months The possible extent OF
gravel pits lumber yards and cement mills be out of
work. if the lockout is continued week or more +
> CONGRESS TO ACT ON THE III. c. OF L."
Washington July 21-Demand that congress act to
reduce the high of living made by SEN
ators today in statement to the United Press
1.-THE situation has become so bad that the party in
power must take some definite action before the next
election accept the consequences Senator Capper OF
Kansas republican, warned Senator Kenyon OF Iowa and
others echoed this opinion Congress moved to strike at
the high cost of living when committee OF the senate
started in search of proteers in Washington Condi-
lions have become acute here that government en-
ployees are quitting and threatening to mpare the eff
cheney of their departments Senator'S hope to throw
light the of the high prices throughout the cou
try Food clothing and rents will be studied Wholesal
ers retailers and consumers will be heard The ques
ton is Of more Importance right than the league of
nations Capper said ut is the of revolution in E@1