davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-02-27

When the monarchy fell the note
issue had increased to more than 80
o0o,o0o,000 crowns. But this was not
the worst. The war loans were float
ed on the governments promise that
the banks would at all times lend rs
per cent of the face value of the bonds.
with the armistice came q rush on the
banks for these loans. Between 0cto-
Der % and January loans Of the
Austro-Hungarian Bank had increased
by $500, 100000 crowns. Within six
onths this was further increased by
another 2,500,000000 crowns.
Some of the loan items are inter
esting. One bank with a capital Of
100000 crowns was loaned 100000
900 crowns, an insurance company cap
italized at 100000 crowns was loaned
500,000,000 crowns, while the private
purse of the Vatican was handed 30,-
100000 crowns. The security for these
loans were bonds Of the monarchy al
ready fallen and which none of the
Succession states have been willing to
father.
The peace conference failed to solve
the currency question for the states
resulting from the. dismembernent Of
the empire, or as one expert expressed
it,, found it necessary to omit to
solve it." The plan of the treaty was
to compel each state TO withdraw from
circulation the notes in it's territory
and substitute therefore it's own cur
rency. The bank WAS to be put in
liquidation and It's assets divided
among the succession states in proper
New-York tribune., 1921-02-27

while in July of 1914 ise note Issue was
almost at the lowest point, it's items
OF loans and discounts being only about
1,Ooo,000,o00 crowns.
A comparison Of this statement wfeh
that Of the following week showed that
something had happened in the world
and that was the assassination Of
Arehduke Ferdinand. That statement
indicates how clearly European finance
saw the possibilities. The bank had
lost 170000,000 crowns OF it's gold
stock and the loans had increased by
billion, with corresponding increase
OF note issue. Subsequently events are
as clearly indicated in the weekly
statements, as during the month of Aa-
gust with the declaration of war the
loan account had increased by another
billion crowns and by the end Of the
year the gold stock had lost 390. 900 900
crowns, the note issue had increased
by. 3,000,o00,0oo and the loans over g.
oo0,000,O0O
The demands Of the government
steadily increased, 50 that by the end
OF 1915 the bank had lost another 900
100000 crowns; q year later the goId
reserve was reduced to 350,ooo,oOo, be-
yohd which they apparently did not
Dare go. Austria-Hungary's war finan-
eng, apart from the bank, was done
by popular loans, but the desperation
Of It's situation was shown in the last
tive months OF the war. when il called
upon the bank for loans Of 1900. 600 OO0
every three weeks.
New-York tribune., 1921-02-27

tion to the notes issued before the fall
of the monarchy and Withdrawn by
them from circulation
The treaty was not signed until
nearly ten months after the armistice
and not ratified for nearly a year
after, so it became impossible 20 sep
arats by means of identification the
notes issued before that date from
those issued after it. Obviously the
latter class became charge against
the Austrian republic alone wherever
the notes might be held. These were
some of the problems the liquidators
faced when they took up their duties
in July last.
Branch BaRks Sequestered
They found note Issue of $4,000, ,o00,
600 crowns wholly apart from substan
tial obligations to depositors for whose
protection no provisions had been made
in the treaty. AS assets there we're In
the vaults some 220 ,000,000 Of gold Sc
curely boxed for hurried removal IN
eventpof Communistic attacks. There
were obligations Of the old monarchy
totaling many billions and there were
again the loans upon war bonds.
No one seems anxious to accept its
loans, so this once great institution is
being Euuidated, the executors finding
only few millions in gold to contrib
ute TO its billions of debts. NO one
navs attention TO the shareholders,
many of whom are nationals Of neu-
trail countries which had no part in the
making Of the tresty.
New-York tribune., 1921-02-27

and killing Soviet officials. The Soviet
government will halt at no measures
and sacrifices to assure the peaceful
existence of the Cossackdom and peas
antry. and TO supply central Russia
with food All uprisings of the White
Green bands will be crushed by us
with merciless rigor. These uprisinps
have multiplied to large degree with
In recent weeks.
We know that many villages and
settiements lend their support to the
bands, supplying them with men and
foodstuffs. This must cease. We here
hy bring to the attention of the popu-
lation that we have taken the most
serious measures against the White
Green movement. In summoning all to
the struggle against the robbers I or
der:
Orders Are Drastic
81. All information concerning the
whereabouts of White and Green bands
must be submitted to the respective
Soviet officials.
"2; The population must participate
in the struggle against them by dis
arming them and srresting the leaders
and sympathizers.
"3. The presence Of all suspicious
persons concealing themselves In vii
lagos and settlements must be re-
ported.
81. The same holds true with refer
ence to reports Of attacks, and every
cooperation must be shown to the a,i-
thorities in putting an end to The
White-Green movement.
"ln event of failure to comply with
this demand or the manifestation Of
any aid and assistance to the White
Green hands the guilty ones will be
subjected to the most rigorous penal
ties-namely:
u. Settlements and villages conceal
ing White-Green bands win be de-
stroyed, the adult population executed
and their property confscated.
Y. All persons giving any assistance
to the bands will be Immediately shot,
SO. Many of the followers of the
Greens, who have gone into the noun
tains, have left behind relatives. The
latter will all be registered, and in
event of attacks all the adults among
them will be executed and the minors
taken to Central Russia.
"a. In event of the mass revolt OF in
dfvidual settlements, villages and cities
terror; for every Soviet worker killed
hundreds OF the inhabitants Of such
settlements, villages and cities will be
held to account.
No Empty Threat
sour warning is not an empty threat.
The Soviet power has enough forces
TO put the foregoing into effect.
"1n giving this final warning TO the
population, I also hereby promise FULL
amnesty to all Green army members
who will surrender the leaders OF their
bands. Failure to comply with this
within seven days will entail the most
merciless punishment for the guilty
parties and their relatives.
"The hand of the Soviet power will
wipe out mercilessly all its enemies
from the face of the earth"
New-York tribune., 1921-02-27
Full Suffrage Predicted
For Women of Uruguay
President Brum Says Ballot Is
but Another Step in Ad-
yanced LEGISLATION

MoNTEVIDEO, Uruguay, Jan, 20
(By MaiD.-President Baltazar Brum
believes that Uruguay is well in the
forefront Of advanced Legislation in
many respects, and that it will soon
take steps which will lead eventually
to full suffrage for women.
The laws enacted by the Uruguay
Congress for tho protection Of work
ingmen, he said. had made labor con-
tented in this country. One of the
laws now pending provides that labor
cannot be employed in the country
districts for less than 500 a month,
with board and lodging. In the city
the minimum Is set at approximately
$45 month.
1--WE also have a law" said DR..
rest each week, and this has been made
to include domestic servants. Our
labor is satisfied. Ship all your agi-
tators here; we are not afraid Of them.
They will not find congenial soil in
which to work"
In regard to woman suffrage, he
said, the constitution of Uruguay pro-
vides for votes for women, but that
the machinery for their ballot1ng has
not been provided by the act of Con-
gress. He added that he believed that
within two years women would be
given the right to vote for municipal
representatives., and that would lead to
complete suffrage for them.
DIR. Brum spoke with some pride Of
the educational facilities in Uruguay,
saying it was now possible fox child
TO be educated from the time when he
begins to learn to read, through the
rational schools and universities, until
he receives his degree as . lawyer,
without having to pay sny kind of a
fee whatever
With regard TO prohibition, the Pres
ident stated that there was q strong
feeling among the legislators of the
nation in favor of curtailing the facili-
ties for the sale of alcoholic beverages,
as we'll as their distillation. This
tendency apparently was in favor of
allowing the people to consume wines
and beers, but to restrict to large
extent the sale Of spirits containing
large percentage Of alcohol.
New-York tribune., 1921-02-27
W ar Wrecks
Once Powerful
Austrian Bank
Liquidators Find No One Is
Willing to Accept Loans,
and Only a Few Millions
to Pay Billions of Debts
Empire Bonds Worthless
Succession States Refuse
to Assume Liabilities
of Fallen Monarchy

VIENNA. Feb. (By Mail from The
Associated Press).-The romance of
tinance-and the pathos--is disclosed in
the liquidation Of the once proud and
powerful Austro-Hungsrian Bank, one
of the Oldest banks in the world and
one of the richest, with billions Of gold
in its vaults and billions of notes in
circulation, all now scattered by the
Wreckage OF war and political up
heaval.
For more than six months the Allied
Liquidation Commission has been at
work on the affairs of the bank in an
effort to wind it up in fulfllment of
the Treaty Of ST. Germain. Not only
is liquidation still unaccompanied, but
no one is willing to forecast when it
will be.
The curious situation in which the
proceedings have become involved re-
suited in the resignation recently of
Henry Whitman, of Boston, the So
called unofficial American adviser"
who, in published interview, expressed
his dissatisfaction with the Paris pol
Icy toward liquidation, stating that its
dilatory tactics seemed to make impos-
sible satisfactory discharge of his
duties. Mr.. Whitman said that the ap-
plicstion of simple business principles
to the discharge Of the provisions Of
the treaty would have made the problem
a comparatively simple one. but that
apparently certain powers did not sym
pathize with the American view that
the war was over.
The Investigations of the liquidators
during these months, however, have re-
vealed how the old imperialism has
conferred IN this great institution.
Bank OF Issue for Empire
The Austro-Hungarian Bank was the
bank Of issue for the former Dual En-
pire, and after the retirement of the
national" paper currency in the early
9os its notes became the sole cur
rency of the empire. While on their
face they were payable in gold, that
obligation was suspended by the gov
ernment, so that these notes became
merely lrredeemable paper. Coupled
with this suspension was the obligation,
however, to maintain the value Of the
notes on parity with gold in all mat
ters of foreign exchange.
By clever financing and through the
aid OF government assets the bank not
only complied with this, but for some
years before the war its notes actually
commanded premium over gold in
European financial centers. 1t also ac-
cumulated stock of gold only ex-
ceeded in amount by France and Rus
sia.
In the early months Of 1914 there
were 1,6oo,ooo,ooo crowns Of gold in its
vaults and its note circulation was
about 2,0O0,o0o,o00. 1t was then doing
q strictly commercial business, it's only
obligation being an ancient one to the
government for the note-issuing privi
lege. In the spring and summer OF
that fateful year its statement showed
a slight increase in the gold stock,
New-York tribune., 1921-02-27
War ON Reds
Regular. Sunday
Affair i'm Italy
Recent Clash. Which Started
i'm 1heater. Was Followed
by Rioting i'm Streets, Tie
ing Up Traffic for an Hour
specsaI oabre to The 7r4oune
Copyright. 1891, New York Tribune 1ns

copy yT1SHt, 1871, rev YORK IElDune Inc.
MILAN, Italy, Feb. 23.-Lively en-
counters between Socialists and the
Fascist, who are rabidly anti-Bolshe-
vik, are happening with increasing fre-
quency in the larger Italian cities, and
especially on Sundays. Naples, Rome,
Bologna, Turin and Milan recently
have been the scenes Of such clashes.
None has resulted seriously, and Ital-
ians await these Sunday diversions
with something OF the Same interest
that Americans show in advance OF
football games.
A Fascist meeting in q theater in
this city last Sunday resulted in a
general tight inside the playhouse. The
combatants struggled into the streets,
and the ensuing riots tied up the tram
way system Of the city for several
hours.
On the same day there were disturb
ances in Tore AnnunZiata and Tore
del Greco, suburbs of Naples. Both of
these suburbs have Socialist mayors,
who recently had all portraits aud
royal emblems in the public buildings
removed and replaced with red flags.
CAl 4hoILutCioLS 4IOm ItOne. CHe CnleI
of police removed these Bolshevik en-
blems, whereupon the two mayors re-
signed. Following these designations
Fascist of the surrounding country
organized an attack on the Socialists
of Annunziata and after considerable
street fighting gained the upper hand.
At Bologna meeting of Fascist was
charged by troops, who apparently lost
their heads. Scores of Fascist were
arrested.
Later in the same day, on the road
between Verona and Brescia, mys-
terious motor truck, said to have been
laden with stolen ammunition, took fire
and exploded. After vainly attempting
to extinguish the flames the truck
drivers, who we're dressed in the uni
forms of Italian soldiers, fed.
New-York tribune., 1921-02-27
Peasants Form
'sGreenl' Armies
Against Soviet
Black Sea Region and South.
ern Ukraine Are Held i'm
the Grip of Revolution
and Assassination Plots
Reign of Terror Results
Reds Balk at Shooting
Down Fellow Peasants
and Disobey Officers

Peasants in the Black Sea region the
kuban and the whole Of the southern
okraine are in a state of constant re.
volt against the Bolsheviki, according
20 information reaching here in Bol-
shevik and anti-Bolshevik papers, thus
confirming reports of the uprisines
which have recently sifted through
from Russia into Western Europe.
Inc peasants, organized in "Green"
armies, opposed equally to the Bolshe-
wiki snd the elements represented hv
General Wrangel and his predecessors,
holchak and Denikine, are assailinp
and discriminating detachments of
Communist troops, wiping out scores
OF local soviets and assassinating soviet
officials according to information
reaching here.
Ihe movement cannot be called a
mass movement, since it is operating
IN the face of great difficulties and
merclless military and police repres-
SONS o. the bolsheviki, who have pro-
CANNED a reign of terror throughout
the affected regions. The movement
Is, however, of q partisan, guerrilla
character, and its participants, assisted
by bands Of Terek, Don and Kuban
Cossacks, are very adept in avoiding
detection and capture by retiring into
the vast steppes Of the Ukraine and
the mountain fastnesses and retreats
OF the Caucasus and the Kuban. The
Boishevlki are further hampered in
ngnting the movement since they do
not consider the regularly modified
troops OF the Red army reliable
enough TO be sent against the parti-
cans.
The Red army. composed of peas
ants, is not averse to lighting foreign
INVASION, but its men balk at shooting
ao"n fei!ow PEASANTS 80 per cent Of
the heo army being peasants them
selves. The Bolsheviki are therefore
compelled to resort to the use of purely
communist troops in quelling the re-
Voits and Of foreign detachments-Chi-
nese, Magyars and German war pris-
oners, who serve in the Bolshevik
army TO keep from starving. ..
Official Notice Taken
Confirmation of the serious insurrec.
tlonIst movements in the aforemention-
ed regions is contained in a procla-
nation issued in the name Of the
All-Russian Extraordinary Commission,
The proclamation, by Lander, one of
the high officials of the Extraordinary
Commission, says in part:
white and Green bands scattered
over the Kuban and the Black Sea re-
gfon have recently inaugurated q series
of assaults upon villages and Cossack
settlements, seizing cattle and arms
New-York tribune., 1921-02-27
All Finland at Work
Prohibition of Imports Keeps
Labor Busy

COPENHAGEN. Feb. 7 (By MaiD. -
saws III. Vilijanef, chief Of the Trade
and Industry Department Of the Finnish
government who is visiting here He
attributed F'iniand's good fortune in
this respect, as compared to most other
countries, to the prohibition of I'M
ports. This had the effect of making
the country's industrial production
greater than at the beginning of the
war.
FINLAND is now considering the ad-
visibility Of gradually disseminating
the embargo on imports, he said. This
country has begun TO transship goods
for Russia and has established free
port at Hango.
New-York tribune., 1921-02-27
Japan Aids Famine Fund
S277,OO0 Collected for the Chi
nese Sufferers

TOXIC, Jan. 20 Correspondence of
The Associated Press).-upward Of
end Of last month by the Japanese
Chinese Business Mems Association in
Toxic for the relief of famine suffer
ers in North China. The executive com
mittee of the association arranged that
temporary relief stations be estab-
lished in Pekin, Tientsin and Tsinanfu
for the accomm odation OF two to three
thousand famine sufferers at each sta
ton until April 80. Several represen-
tatives Of the association will leave
Toxic to establish and take charge Of
the relief stations.
New-York tribune., 1921-02-27
Japanese Start
Strong Drive
For Democracy
leaders of Movement De-
mand Social and Econom-
ic Reconstruction, With
Trend Toward Socialism
Revolution a Possibility
Awakening, Says PETER, Is
Final, With a Violent
Wrench Toward Extremes
By Nathaniel PETER

Copyright, 1891. New York Tribune nrc.
This is tbs ss1enth Of series Of ar
ttles OF Jupan's feeling toacard the
J'sited States and the roIe she is ploy-
10 s'i the Far Eost. The eighth qg;H
eppsar ;n The Tribune tomorrow.
New-York tribune., 1921-02-27
French Cows Go ON Strike
Refuse To Be MIXED Earlier to
Save DAYLIGHT

PARIS, Feb. s (By MaiD Summer
daylight saving) time this year will
begin in France on the night of March
IL. Last year summer time was in
augurated in February, but the cows
are reported to have gone on strike
and refused to be milked an hour
earlier, the cocks failed to crow until
their regular hour and the farmers
made numerous complaints to the Min
istry of Agriculture against the bring
ing in of summer time in the worst
winter month. Summer time will end
October 24-25.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1921-09-17
AsANEw UNIT TO THE UMArILLA PROJECT

OCAL people who anxious the Mckay reservoir
built taking notice of Senator Borahs plan for enarg
ing western reclamation projects step towards
eng the unemployment situation and they also note with sat
acton that Herbert Hoover inclined support the
Western people quite agreed upon the wisdom of
tending the reclamation policy and the unemployment situation
makes such at this time particularly appropriate 1t is
also sound policy for the extend enlarge up
existing projects wherever possible to do There many
for this and they need not be enumerated here
If such policy is adopted and carried logical conclu-
sion the present Umata irrigation project will eventually be-
but the nucleus of much larger project The completed
project will include the Mckay and the benefits
with and also the Umata rapids project with extensive
irrigation both sides of the Columbia by of pumping
Heretofore have talked of the Umaa rapids project
something distinct and separate from the Umatlla r
CATION project AS matter of fact the rapids project could
well be considered but additional unit of the present gov
project There natural close relationship between
the two enterprises the reclamation failures will be very similar
the territory contiguous and possible that by grouping the
projects together might funds that would not
Immediately available for entirely project.
What do you think about it?
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1921-09-17
Washington school.

There are thirty-five enrolled in the
third grade, fifteen boys and twenty
girls.
Daphne Johnson has been absent
two days because of illness.
Every seat of the fourth grade room
is occupied. There are is boys and
"a girls. a total of AZ pupils. Three
pupils were transferred to other build
ings to relieve the congestion.
The enrolment Of the sixth grade
is "a pupils.
There is one pupil new to the Wash
ington school, Kathryn Bircket. of the
Golden Rule Hotel She is from the
schools of Portland.
A group of the eighth grade pupils
have been very much interested in
dramatizing Tennyson's Lockinvar for
the entertainment of Miss Sndw ana
the members of the class.
The eighth grade girls are taking
domestic science and the boys man.
ual training at the Pendleton high
school every afternoon. from 2:3o un-
til o'clock. They will continue for
about 80 DAYS.
TIE BOYS school band started
Thursday night at 4:30 o'clock at
Union Hall, under the leadership OF
A. w Lundell.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1921-09-17
What Pendleton Grade
Schools Are Doing


fifth AZ: Mrs. LLOYD, slXth' 80 MISE
Carter. seventh, AZ, and Mrs Ter
trude Nash, ghth' SS.
on-t,a to tho over-crowded condi-
~, =, sara,,I GRADES II was found
,onossar,, ~, 80 - t,ansfar several pnpils "a
other buildings.
The parents have been very gener-
Gus il. supplying the various rooms
with house plants and cut flowers for
Which Ntaf teachers ana PupiS are
exceedingly sratelui'
rao ho,.s, haoA bad its firet meetins
aanasdo,. ,yenine A. fha Itnion hal
NJ IS Williams a Palmar specialist
from the Portland Palmar school. con-
Quoted classes in the various rooms
Tuesday of last week and spent one
hour with the teachers.
~f
The seventh grade used a grammar
period Tor business ielters ana "fo's
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1921-09-17
q YEARS AGO

fFrom the East Oregonian. September
II, 1ssS)
William Hilton is Ill at his home
above Pendleton.
WI P, sturgis is here from Waila
Walla visiting his son.
Mrs. w. ~ Matlock has gone TO
Santa Rosa, Cal, her former home
from Chicago. where she has spent
the summer in company with Mr. MAT
lock. Mr. Matlock will return to PEN
aleton via Santa Rosa later in the
year. when they will both come home
to Pendleton.
Normal school students the Misses
Zella Matthews. Stella Wells and Nina
sloan. came down today to spend the
weekend. G. A.. Hartman, Jr.. also
a student at the school in Weston, Is
here for the weekend.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1921-09-17
REQUEST is BEING CONSIDERED

WASHINGTON. Cept 17.-(U. P)
Secretary Weeks is expected shortly
to announce his decision regarding
General Mencher's request to be re-
lieved as chief of the air service and
be placed on duty with the troops.
Mencher and General Mitchell, as
sistant chez, have long had a differ
ence on matters of policy 1t is not
known whether Weeks will take ac-
tion against Mitchell.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1921-09-17
Or
THE NEW MODES IN GLOVES

LA FRANCE SILK HOSE
Another shipment Of that wonder
full quality silk hose which has the
weight and good wearing qualities
not found in other hose at this price.
Black and browns, the pair. $2.35
Jersey Silk PetticOats in novelty
designs and various colors that are
entirely new, each. i. S2.9S to $6.49
Pretty New BlOuses, made, of
crepe de chimes, Georgettes and silks,
extra outsizes and regular sizes, a
truly wonderful collection at $3.75 to
$16.49.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1921-09-17
Lincoln school.

The seventh grade has an enroll
ment of 32
Ebert Belts has reentered school
after spending a year in California.
Louise Hevden Mildred Mathews and
Leonard Myrick have also returned.
Elmer Pahl has reentered the school
hand. beginning the study of the alto
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1921-09-17
Hawthorne school.

The second week of school shows an
enrolment of 279 pupils with the fol-
lowing teachers in charge. Mrs. Ida
Keane, first grade, 80; Miss Floy Nor
ton, second, "a: Miss Brown, third, 30;
Miss Cox. fourth. 81; Miss Johnson.