Cheraw chronicle. [volume] (Cheraw, S.C.) 1896-2005, 1921-12-08

President Harding and other dtgnf-
taries will pay honor to the memory
of Dante, the Italian poet, by attend
ing the unveiling Of statue to the au-
thor of the Divine comedy.
The reported rupture between Sen
ator Schanzer Of the Italian arms del
egation and Premier BRAND Of France
was denied publicly and dramatically
in Washington recently.
1t is stated that in the disarmament
conference progress has been made in
both the far eastern and naval negotia-
tions, and it is apparent that, although
the question Of land armament has
been laid aside for the present without
an attempt to agree on limitation of
armies, some of the delegates hope to
later translate the sentiment Of the
conference into joint declaration of
general policy.
Fifty six advances for agricultural
and live stock financing, aggregating
s2,O73,OO0, were approved recently by
the War Finance corporation. OF this
sum Georgia received. $4,000.
The anti-medical beer bill was sign
ed recently by President Harding.
Signature of the bill on which con-
gressional action was completed re-
Gently automatically closed the gap
in the nations prohibition laws re-
vealed by Attorney-Genera Palmer in
hot fhnrn l.,
the Volstead act to preclude the pre-
scription of beer as medicine.
Approval Of II advances for agri,
cultural stock purposes aggregating
s2,272OO0 is announced by the war Il.
nance corporation.
Additional sales Of railroad equip.
ment trust certificates held by the
government in the amount Of $685..
900 is announced by Director General
of Railroad Davis. This makes the to-
tai of these securities sold to date
$12O06S,3OO.
With the question Of land arma-
nlents definitely thrust into the back
ground by the developments Of the
conference thus far, the conference
will enter its third week with another
stride toward agreement on naval linn
itations foreshadowed.
The federal reserve board probably
will designate an unofficial adviser to
tawe part in a conference Of allied
bankers to discuss means of preventing
exchange fluctuations upon the pay
ment of German indemnity installment,
high treasury officials say. The con-
ference is expected to be called in
London or Paris at an early date.
Values of the merchandise exported
to the various quarters of the world
during October fell to fractional parts
Of the totals Of the same month last
year, while decided drops in imports
are noted by the commerce depart
ment.
Rudyard Kipling's son, John, was
one of the thousands Of soldiers lost
In the worlds war, whose fate is not
officially recorded. He joined the
army when barely eighteen years old,
and was reported wounded and miss
ing in northern France.
Tax receipts Of the government dur
ing the fiscal year 1921 decreased near
" billion dollars as compared with
the previous year, while the cost of col
lection increased 32 cents for each
500.
While the possibility of any imme-
diate discussion of international eco
nomic questions tending TO world read
iustment is discounted both in Off
cial circles and among the delegates
Aof the limitation of arms conference,
it is strongly indicated that some such
International conference may be helG
later.