Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1920-11-02

their mistake and promised to evacuate
the territory. 1t was then announced
that the representatives of the two
countries would begin the negotiations
at once. According to a Rome paper,
If the Jugo-Slavs refuse to accept the
italian proposals Italy will resume her
complete liberty Of action. 1t is de-
clared Italy will ask that the frontier
be fixed along the crest of the Julian
Alps and that independence be granted
Fiume, which will have territorial con-
tiguity with Italy, besides liberty of
lara and the possession Of several
islands along the coast.
In reply to the identical British and
French note regarding the occupation
of Wilma, the Polish government
neither refuses nor agrees to complete
ly disavow General Zellgouskrs action
In entering the city, but urges a fur
Their inquiry and points out that Lithu-
ania has hardly become a nation yet.
The French government, it is said,
rather sympathizes with Poland in the
matter, because of her difficult situa-
ton.
The king of Greece was still alive at
this writing, but his condition was so
serious that preparations for the sue
cession were being made. In Athens
it was understood that, If Alexander
should die, the throne would be offered
to his brother Paul, but with such con-
ditions that he would not accept it.
Then, presumably, it will be offered to
a foreign prince, and If he refuse the
republic will be proclaimed.
Secretary of the Treasury Houston,
in an address before the American
Bankers association in Washington,
gave the country warning that there is
little chance that taxes will be re-
duced, because receipts from income
and profits taxes are decreasing. In
order to meet current bills, including
interest on sinking fund charges, said
the secretary, and also to retire the
floating Indebtedness and consider
able part of the Victory notes before
the close of the fiscal year 1928, tax re-
ceipts must be kept up to the level of
not less than $4,000 100000 year. Mr..
Houston said that on the basis of pres
ent diminishing receipts the total for
the fiscal year 1921 may not materially
exceed that figure.
There is little immediate prospect of
the payment Of the war debt Of foreign
nations, according to Mr.. Houston, but
he said he did not believe the people
would receive with favor the PROPOSE
ton to cancel that debt, since they
would have to pay taxes to meet the
interest and redeem the principal of
$10,OOO.0O0,0
Discussing the general credit situa-
naturally disturbed and distressed"
but are seeking relief through meas
ures, some of which are not practical
BILE, and others of which are suicidal"
The associations thrift committee
has planned a three year thrift cam
country that has no bank account.
1.-THE recent orgy of extravaganza, de-
clared the committees report, "has in
dicated very clearly the need for more
popular realization of the need for saw
ing when and as the opportunity pre-
sents itself. The time is at hand when
thrift and saving will be regarded as
not only possibilities, but actual neces-
Sites"
Small savers are to be the chief
source In financing the normal growth
of commerce and industry, the report
said, adding that present tax policies
offer serious check to increased in
vestment by holders of large wealth.
The conduct of American affairs in
| Haiti has been the subject of much
heated discussion, and charges of Sin
! discriminate killing" Of natives by the
marines, made in a report by Major
General Barnett, former commandant
of the corps, led Secretary Daniels to
summon a court of inquiry. General
| Barnett now says the matter involves
only a small portion of the marine
corps on duty in Haiti, and that in
general the marines have done their
duty splendidly. Admiral Knapp, who
has studied conditions in Haiti for Sec
rotary Daniels, says American inter
vention in the island republic should
continue for at least another genera
ton. He admits that perhaps 5000 ma
| tives have been killed in necessary OPP
/ erations since American occupation,
/ but denies that any were killed delib-
! erately or WantonIy,