The Washington times., 1920-01-12

poor old key on the top row is stag
weeks more, it'll just naturally CT
Kearns, the scented manager OF J'
camps, the quick-witted manager
back and forth across the ocean.
It's getting to a point now "
study the Wall Steret editions Of Il
the European champion is likely to
get his block knocked off. And M
is a business man, first of all. He
but he thinks of francs first, max
Auvergnat.
NJ. Descamp's utterances in Paris
offer a free lesson in financial condi-
tions overseas. Not only does Car
pentier's manager keep track OF tho
staggering rate of exchange, but ht
hints that there Is a possibility that
the franc may drop still lower before
the proposed championship bout is
decided. All, but let's have NJ. Des-
camps himself:
He watches the Exchange.
"If the tight takes place in Amer
ica,r says Carpenters willy man OF
business, "the purse must be figured
in dollars at the present rate OF ex-
change in France. The dollar Is worth
between IL and IL francs now, and
probably will continue around that
quotation for another month until
we sign a contract. But the nght
probably will not occur until next
December, and in the next eleven
months IL is very probable that 1t will
drop back a whole lot, not to the pre-
war rate, which was little more
than francs to = dollar, out 10
around z francs to . dollar.
1--WE are not going to lose all tnis
money. When the contract Is signeo
the amount of dollars involved VIII
be figured into francs OF that days
rate of exchange, and the contract
will be stipulating that 10 the amount
the fighters. will receive.
"For example. X Carpenter re-
ceiyes a 100000 guarantee and ex-
change is 10 francs a dollar on that
day. IL will be stipulated that Carpen-
tier is to get 100000 francs. But
when the fight occurs exchange may
have dropped OF and the dollar worth
onIy francs. That would mean only
1. 600. 900 francs, unless we are otner-
wise protected.
"Of course, IL by any chance the
value of the dollar should mount
1b francs when the fight occurresh we
would lose the difference and still get
only 100000 francs"
Much IDLE Chatter.
There is much idle chatter over the
negotiations for the proposed cohees!
,rhis chatter may run along too'
right down to the day when the plin.
cinal. sign on the dotted lines. There
can he no certainty that the bout
Will he staged on this side Of the At
,antic. Already a movement Is under
way to prevent Dempsey's gettng
any fat purse in America.
The American Legion. remembering
that Dempsey, following foolish ad
vice. lodged military service In lei'
ana 1918, is against his defending his
title in this country. This movement
can very easily develop into death
,lealing blow to the hopes OF Jack
Tsearns and his champion! Four
million men wore the khaki or the
blue, and they are scattered all over
tho land, practically every com
munity having its American Legion
post.
II matters not that many dough-
hovs went to France or even to
training camp only because Uncle
sam reached out and plucked them.
che stubborn fact remains that one
William Harrison Dempsey, twenty
three years old, escaped all military
service. 1t was announced in 1918
that Dempsey was "a labor scout Tor
.he Hog Island shipyard" when, in
reality, he was touring the country
and knocking out all opponents. The
American Legion is apparently seri-
ors in it's effort to stop any bout In
which Dempsey is to participate.
k.nrr. Biding His Time.
Kearns Is biding his time. He is
allowing the tide to come in. Early
offers for the contest have been
doubled and tripled. There is no end
70 the promises OF those who would
make a financial killing out Of
Carpentier-Dempsey bout for the
-yorid's title. SO far as known, not
enc cent has been put up to bind any
Of these paper promises.
Already the ante has been boosted
20 such a height that no promoter can
nope to stage the contest unless he
can be assured of a million dollar
cate. Even then, he will be taking
a long chance, as Tex Rickard wen
lrpows after his Toledo experience.
Rickard expected at least 100000
and was fortunate to receive a little
moro than 100000.
AS a matter of fact, there was no
particular reason why the Toledo
nout should have drawn $500, 900, or
even 100000. willard was the most
unpopular champion ever boasting the
title. Few wanted to contribute a
cent to the circus man. Dempsey,
with a great many. was thought too
small TO have a chance at winning,
especially in a brief twelve rounds.
Unless tho American Legion rem
ders Il impossible to stage a Carpcn-
tier-Dempsey contest In this country.
tho glamor OF an international battle
will bring out all the patriotic sports
from coast to coast. Carpenters war
f, record and his ring career will serve
TO attract many. Dempsey's slaugh-
ter of the Goliath OF Pottawatonie
will bring thousands to see him fac
ing the Frenchman.
Must he Held In East.
The higher the guarantee TO the
boxers. the closer to New York comes
the contest. IL would be ridiculous
A. . ~~~lt - ALL -