Evening star. [volume] (Washington, D.C.) 1854-1972, 1921-11-20

postponement of payment of the reparation in
stallment sof gold marks due November TO-
the German government promising to have the
money by December /. through loan from the
German Industrial Union (headed by those
sinister individuals. SHINES and Thyssen) but
the German Industrial Union, it seems will not
lend the money except conditions to ac-
ceptance of which the government might well
prefer resignation declaration of bank
ruptcy. These conditions. l understand in
clude standardization of the railways and the
right of the Industrial chiefs to receive full in
forma ton from and to advise" the government
1t is obvious how acceptance of such conditions
would be equivalent to acknowledgement of
Shines Thyssen and company as super
government; intolerabe thing. But If the
loan Is not forthcoming. what then? And sup
posing the government should be able by one
expedient another to scrape together the
what of the January installment? The repara-
tians commission is evidently trying to find the
pose declaration of bankruptcy; what to do?
A reparations mora torium? The reparations
treaty to grant that: but they will be for salts
flying themselves first as to the causes or bank
ruptcy The results of the inquiry may indi,
cate an honest bankruptcy, inevitable under the
conditions. or they may not. A reparations
moratorium may be indicated" on the con-
trary an allied commission of liquidation. or
something of that sort-Heine!
X X x x
THE UNITED STATES OF AMERICA
Some $1,000 garment workers in New York
city struck Monday against substitution of
piece-work for week work. and a forty-nine-
hour week for a fortyfour hour week. Each
side. as usual, charges the other with bad faith
The railway executives have decided to
make cut of 10 per in freight rates
all farm products. effective at all the
great roads except those of New England,
whose condition is precarious. If. however. at
the end of six months the Railway Labor Board
shall not have granted the wage cuts demanded,
the old rates, say the executives, will then be
restored.
The Senate has still to act on the railroad
relief bill and the NeWberry The
ternity bill is before the House. The tax
revision bill is in conference. singular thing
mum income surtax rate of 80 per cent the
Senate one of 80. The President wrote Chair
committee, suggesting compromise on 40 per
cent The letter was read to the House The
At the New Willard Hotel the other day
Gen Diaz was adopted into the Crow nation
and made big chief. with appropriate cere-
conducted by Chief Plenty Coups. the supreme
head of the Crows and several other chiefs
There are now two Plenty Coups, the old Crow
and the general. We should live to have seen the
Neapolitan hero in the costume of Grow
On Friday the Senate. by vote of Sc to -.
approved the conference report on the anti
beer bill.
MISCELLANEOUS Takahash
ceeds Hara as premier of Japan. He
minister of finance under Hara and retains that
portfolio No other changes are made in the
cabinet. The elevation of Takahashi gives
great satisfaction at Washington His att-
tude toward the Washington conference is
precisely that of Hara. SO that no important
changes in the instructions to the Japanese
delegation will be required. He is en-
lishtened fnancier and economist, so that he
is anti-militarist and an advocate OF policy
non-agSression toward or generous 90
operation with China. Or SO my information
goes.
Frank A. Vanderlip has published plan
for a gold reserve bank of the United States
of Europe which has very promising look