davidaulloa/AmericanStories huggingface dataset:
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-02-02
CAN'T PAY, SAYS KEYNES;
RUTNOUS TO GERMANY
Colossal Trade to Meet Terms
Would React on Britain.

l.o%poN, Feb lit will be impossible
for Germany TO pay the amounts fixed
for her separation debt TO the Allies by
the Supreme Allied Council at Paris last
week. says Prof John Maynard Keynes,
principal representative Of the British
Treasury n, the Versailles Peace Con-
ference. He argues that Germany. to
have surplus exports worth goo 900, 600.
must have total exports worth AT least
100000 600. Twelve per cent. of this
amount would be ES4.0OO.O00. and.
therefore. he says that, with $1,000 90, 900
OF exports yearly against 100000. 600
sum of f116.000.0O0. plus $4,000, OO0,
making total Of f200. 600. 900
That is TO say" he continues. trade
on this vast scale would be required 10
pay the minimum annuity OF 100000
goo. plus the export percentage If the
Paris proposals are more than wind
they mean complete reorganization OF
the channels Of international trade. II
anything remotely like them should
really be intended to happen, the re-
action on British trade and industry
would be incalculable. 1t is an outrage
that the allied leaders should have dealt
with each other by using the methods Of
poker party
Norman Angel. author. lecturer and
peace advocate. is quoted by the DuIy
BcraH, organ of labor, as having char
3ctcrizcd the reparation demands on
Germany as "eye wash, pure bunkun
and fantastic rubbish
"of curse" the interview continues
".ncrn win be hitch the first year. and
the second. and the third until the map
OF Europe Is entirely altered and .nii-
ances are rearranaed.'
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-02-02
SLAVERY OF GERMANY,
SAYS PRESS OF BERLIN
'T0gebiott' Thinks Premier
Has Betrayed Britain.
BIZ nc Associated Press.


BERLIN Feb. 1.-The Berlin news
papers to-day are as one in voicing the
opinion that the separations conditions
as laid down by the Allied Supreme
Council in Paris sound the commercial
death knell of the German nation and
the economic ruin of Central Europe.
including France, Belgium and Italy.
The press. however. does not presume
to advise the Cabinet as to its course
in this crisis. reaching the conclusion,
as one of the newspapers expresses It,,
that Germany is powerless to oppose
this victory Madness"
Some of the Conservative organs. dis
cussing the probable effects of the en-
forcement conditions. suggest that they
would leave Germany plaything to the
Extremists.
The newspapers display particular ami
mostly against the provision for IL per
cent. tax upon German exports. This
proviso. Vortcdcrts declares, will in five
years time force the world to desire free
trade"
AS to the plan as whole. the Vos-
SiScho Zeitun0 declares 1t means per-
petual slavery for Germany. 1t casts a
cloud over the European situation. en-
genders new hatreds. and opens the way
toward world revolution, it insists.
Only Great Britain would profit by
the arrangement, this newspaper thinks,
but the Tdgebldtt does not agree with
this, saying on the other hand: Lloyd
George has betrayed the interests of the
British people,"
The N0rddousche AHpemetnc Zettun0
declares that all circles of Germans have
been united in the spirit of revolt by the
new conditions.
The Tages zeitung concludes it's com
mcnt by saying: ITO yield to brutal
forces is no disgrace. The Entente can
not humble us only we ourselves can do
that"
Germans regard the reparation terms
rs fantastic and impossible of execu-
ton Madness" is the term leaders of
the Richstag used In discussing the rep
aration conditions Foreign Minister
Simons declared the execution of the
terms would produce chaos. not only
in Germany. but throughout central Eu-
rope. as the bankruptcy of Germany
would also bankrupt part Of Germany $
war creditors, an ong whom is France"
ut is greatly to be deplored," he con-
tinued. That the great American ma
ton was only bystarder during the
negotiations concerning reparations at
Paris. The settlement of this question
determines the fate of the worlds eco
Monies and of world culture
Herbert Guttmann of the Dresdener
Bank said THE reparations figures are
absurd and the tax levy on exports is
absolutely beyond understanding. The
latter would kill Germanys export bust
ness. and how does the Entente expect
Germany to pay if she cannot export her
products. 1t is Uncomfortable that Amer
lea and England will permit Germany
their best customer, to be ruined by the
enforcement IF sucb
The German mark showed a sharp de-
cline toward the close of yesterdays
session Of the Boerse. when the terms
became generally known.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-02-02
British Seek to Gain Time.

still another theory is that the Anglo
French Entente was in danger in Paris.
and Premier Lloyd George agreed To the
reparations settlement, which he knew
was impossible. only 70 save the Entente
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-02-02
Save them and
Serve them with
Knickerbocker Ice

"Keep on Ice is the direction
those who run homes may read
at a glance-on the cartons
containing a famous brand of
Long Island Oyster. The large
fresh-every-day oysters are
selected from certified beds.
They are at their best served
on certified bed of crystal
claar Knickerbocker Ice.
Knickerbocker is the absolutely
pure ice made from four-times
filtered water and delivered in clean
wagons-the ice those who buy GER
tilted foods naturally use as fitting
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-02-02

Special CQOtc 70 LIE NEW YORK HERALD
Copyright, l9!i bv TIE NEW York HERALD.
New York Herald Bureau.
Paris, Feb. /.
Conversations have already begun
between the French and the British
Governments to ascertain if the Brit
iah would be willing, as a part of the
PREPARATIONS plan, to indorse the Ger
man securities for Frances benefit in
order that she might discount them
in the financial markets, prefera bly, in
the United States.
1t is understood, that while there
was some informal talk on this subject
just before the conference of the allied
Premiers in Paris, which adjourned
last Saturday. the French were left
very much in doubt regarding what
Stree last Saturday they have been
informed from London that the Brit
ish Government would not settle any
thing. in this connection until Ger
many had definitely accepted the rep
arations scheme.
This question, however. is command
irg chief attention here now. Friends
and foes of the arrangement alike adj
nit that the whole question for France
turns on whether she can discount the
German debt and her ability to do so
without British aid is seriously doubted.
Hope To Raise Money Here.
American bankers here who are cog
INFANT Of Frances necessities are almost
unanimously of the opinion that France
cannot raise more than a few hundred
million dollars at most in the United
states on her own guarantee of Ger
many's promises to pay. ard that to OBJ
tain the large sums the French hope 10
get from America n British guarantee
is necessary, even though the promise
of the German customs as security is
back Of the PREPARATION obligation. These
bankers insist that British Endorsement
is necessary and would be accepted in
America. they believe as nsuring that
thc British would with the French, en-
force the penalties should Germany rail
TO live Up to the terms of the agree
mcnt
Already much opposition is develop
ing in the French Parliament. especially
IN the Senate. against Premier BRAND
for overlooking the vital necessity of
providing for discounting the German
reparations payments II the French
budget deficit is to be remedied.
Everything depends on whether
America will take the German promises
off her hands aad at what rates" said
senator Raphael Georges Levy. recos-
nlzcd rs one of the most brilliant
hnancera and economists in France to-
day. ms the agreement now stands. il
is absolutely insufficient for our needs.
In return for a promise of allied unity
Wc have been asked to accept a reduc-
ton Of our claims on Germany Of al
most - per cent. If the fixed annuitios
can be discounted. we Will only get
about 5000. 00).00o marks. which we are
told viii be about 1900 10000 francs
at the present rate of exchange.
But It is fallacy. As soon as any
hugo lump sum. such as that resulting
from the discounting of Germany's
obliga lions. changes hands, Frances
exchange at once becomes normal and
we lose the difference between the
present and normal rate
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-02-02

and to gain time. Persons here holding
this latter view say the British Premier
won victory and that when the meet
ing with the German representatives
takes place in London this month Mr..
Lloyd George will repeat his Spa VIC
tory and prevent any further occupa-
ton OF German Territory
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-02-02

records rather than shoulder this burden
for the Allies"
Prof Blondel criticised severely the
allied suggestion that they will have
the right to control any German finan-
cial negotiations with other countries,
declaring that this is certain TO develop
a strong opposition by American bank
ers
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-02-02
Export Tax Condemned.

Apart from the problem of discount
iug the fixed annuities. comes that ot
waiting for forty-two years for vs. at
appears TO be equally as important pas
mcnts namely. those resulting from
the ~ per cent. ad valorem tax on Ger
man exports Thus while something
might be obtained from the United
states and other gold-holding nations
10 commence restoration work in our
devastated regions. the bulk of the rec
p1ir work there would be prolonged
over nearly half century, while little
provision is possible for our pension
payments, amounting TO more than
.o00. 10000 francs a year
VI. Levy condemns the export taN
principle because. he declares. it tends
To induce the Aties 20 buy from Ger
many rather than develop their own IN
dustrics.
prof Georges Blondcl of the Depart
mont Of Political Science. College de
Franco. Is not enthusiastic ovcr the
pccuniary assistance France will receive
rs a result OF the reparations agree
mont but Ne sees great consolation in
the allied solidarity which, II Il IS 70 be-
made practicable must be extended a.
financial problems In study of Ger
mnny's economic position recently PROF
Blondel found evidence 20 show tnat
Germany was able 10 pay The PREPARATIONS
France demanded Of her
~ doubt very much il we can got
cnourh money from the United states 90
meet orr uccds, although 1t Is getting
moro apparent every day that an inter-
national financial solidarity Is tho only
hope OF solving The worlds money prob
lens" he said THE question Of sharing
th. war debts must be approached soou
RS this Is tho natural complement io the
inadequate scheme devised hero last
week.. but 7 am afraid II " too ittc 90
convince America that she should r19~'
in The cost Of the first two years is 'lt
war That s another mistake l1id VI
o~airet President Wison--that hc re-
49,. 20 take The advice o dnanciers on
nHat 'oos, 'orsOns agrced would havc
prevented tt in - "rr she's in glI
European countries.
"Tnc ~ rcr cent. taN ON exports ~
BOT br paid by the Gcrmars but by The
o7tions which w'ii 10 business with
GERMANY ana French purchasers Of
orman wares VIII merely be handing
w ncr ccrt o. TIE amount Of their pur-
N"yer tc the French Government for
privilege OK Increasing competition
tuh .hclr own industries
"'fhe only rurds the Allies vii receive
i' ho thoar derive "a from chc TVS Oh
rnian shipwcnt 20 tlo C1iiod states
wa t3 ne' tr rrtrtticr. who "ertani
win protest. 1ya rst the 'at ,n viii n
duce tho Germans TO lalsify their
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-02-02
TURKISH TOWN BURNED.

CoNsTANTrNoPLE, Jan. 31.-The town
OF G.apsak on the east side of the Oar
danellcs. opposite Gallipoll. was de-
stroyed by fire to-day. It has been
noted for $500 years for it's fine wines.
The population numbers about 1000.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-02-02
FRENCH EXPECT
BRITISH TO BACK
BERLIN PLEDGE
Ability to Discount German
Debt Without Aid of Lon
don Doubted.
MUST GET MONEY HERE
Everything Depends on
Whether L. S. VIII Take
Up German Promises.
CAN PAY. SAYS NJ. BLONDEL
Question of Sharing War Debt
With America Must Be APP
preached Soon.
CAN PAY. SAYS NJ. BLONDEL
BY LAURENCE HILLS.

Special Cable TO THE NEW York HERALD.
Copyright, l92f, by TIE NEW York HERALD
New York Herald Bureau.
-. IL.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-02-02
VIEWS OF PARTY CHIEFS
Allies Will Never Find a
Government to Accept
Says Stressman.
THR0TTLING THE PEOPLE
Demands Impossible and We
Shall Not Yield Says Philip
Scheidemann.

Special cable TO THE New York HERALD.
Copyright, 1871, ~ THE NEW YORK HERALD
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-02-02
ECUADOR TO ENROLL ALL MEN.

GUAYAQUGL. Ecuador Feb. 1.-Presi-
dent Tamayo issued n decree to-day or
dcring All the men CT the country TO sign
! for military service in March next
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-02-02

Special cable to THE New York HERALD.
CopVri0ht, 1921, ~ THE NEW YORK HERALD
New York Herald Bureau,
Berlin. Feb. L.
The question most frequently asked
to-day by persons here who are most
familiar with the progress of the rep
What has happened to the pro-
gramme prepared by NJ SeydouX.
financial expert in the French Govern
ment, for the payment of the German
reparations debit"
1.-THE Seydoux scheme, which was
printed in THE New York HERALD in a
special despatch from Berlin, proposed
that Germany should make reparations
payments partly in goods and raw ma
terials and that she enter into an agree
ment whereby the Allies would have
what would be tantamount to control of
Germany's foreign trade with the Repara-
tons Commission collecting a percentage
Of the money derived from the German
export business and applying such funds
to Germany PREPARATION debt. AS con-
diton for entering into negotiations on
that basis Germany demanded; First,
that she be permitted to retain Upper
SllCSld second. lldl inc Army VI CSNu-
patton be reduced and, third, that part
of her shipping tonnage be returned 10
her
Germany had accepted the SeydouX
programme officially as the ground
work. for discussions and the British
Government also had officially ac-
cepted tat least, so the German
Foreign Office believed. At the same
time the Germans laid down counter
proposals. 1t is now said here that
a misunderstanding regarding these
counter proposals may have led 10 the
defeat of the SeydouX scheme.
DR.. Walter Simons German Foreign
Minister, was said to have made one
statement to the French and none TO The
British, which led to two diiferen. con
illusions regarding how seriously these
counter proposals by Germany were to
be taken. and that the resulting dis
crepancies compromised the success of
Carl Bergman, head Of the German
reparations commission in Paris.
British Seek to Gain Time.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1921-11-23
UNION SERVICE
WILL BE HELD
THANKSGIVING

Union Thangsgiving services
viii be held under the auspices Of
the Bismarck Ministerial AssOcia.
ton at the Evangelical Church on
Thursday at 10:3O A. N. Rev. !. 7.
Alison. president OF the Ministerial
Association will preside.
Following Is the program Of the
service:
Piano Prelude.
Song. s'COme Thou Almighty
King" Congregation.
Reading Of the Presidents Proc
lamation, Rev. II. c. Postlethwaitc.
Song, "America."
Prayer, Rev. i. X. Johnson.
Anthem, "Sing Praises,7 Choir.
Scripture Lesson.
Announcements.
Offering for North Dakota Child
ren's Home and for North Dakota
| Society for the FriendleSs.
Song ~Praise Him." Male Chorus
Sermon by Rev. s. F. Halfyard,
castor OF the Methodist Episcopal
Church.
Closing song. $50.
BenedictiOn. fGa /
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1921-11-23
BUSINESS men
AT COMMISSION
Ask Improved Service Upon
The 500 Railroad Line

A score of Bismarck business men
were present at the hearing before
the state railroad commission this
morning at which the business men
asked the railroad commission to or
der the institution of daylight busi-
ness service" on the North and South
500 lines, so that persons may come
to Bismarck, transact business and
get home the same day.
The hearing was on an order 70
show cause to the 500 line: Inc
change of schedule proposed, 1t was
stated. was on account of the neces
sity Of making connections and fo1
! reducing boss in operating revenues
| on the branch
| J. p. Sells was the first witness To-
the local business men and explained
the importance and necessity OF tn
daylight business service" and OF
jecting to the new proposed sched
u1eS
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1921-11-23
SUPREME COURT
DECIDES SUIT
WAS TOO LATE
Judges Unanimous in Denying
Injunction Against Can ].
vassing Board
O.. E. LOFTHUs RESIGNS

The writ of Injunction to stop the
state canvassing hoard from canvass
ing the vote was rejected on the, gem
eral theory that the petitioners wer:;
estOpped because they did not raise
the questions previous to the election.
under the provision of the recall!
amendment, according to Justice J. z.
Robinson.
The suit was improperly drawn in
that it was directed against board
charged with performing plain duty
OF law, Judge Robinson said.
The court, he said, was unanimous
in dismissing the petition for a tem-
porary injunction to prevent the Gus !
ing Of present state officials defeated
in the recall election.
\. The last full afternoon Of Nonpar,
tisan league control in the state CAP
itol was attended by rippies> of ex-
citemeslt not unlike a legislative ses.
sion.
Early yesterday afternoon two score
or more Nonpartisans interested in
the election notification suit gathered
in corridors Of the capitol. The su-
prone court was hearing the appeal
in the case in which breaking Of the
bond sale contract with Spitzer, Ror
ick and company was sought.
After hearing the argument the su-
preme court retired to the chambers
late in the afternoon, while anxious
people loitered in the lobby awaiting
for a sign of decision from behind the
closed doors. During the afternoon q
number of old war f'orses Of North Da
kota politics filtered in, here for the
Inauguration.
1t was about $3.50 p. m. when the
supreme court announced that the III
junction writ was denied, and the
Nonpartisans who counted upon thi
| suit to retain present officials in OF
/! fee moved slowly from the building
Lofthus Quits
/, During the afternoon the bankln:
board held a meeting and later y.
! ,ofthus, state bank examiner, submit
! ted his resignation to Governor Fra
zier, who appointed Gilbert SEEMING
son, chief deputy, in his place. MI
fI-ofthus refused to make any state
ment as to why he resigned.
Mr.. LOfthus had been criticised Sc
. verely by Independents ever since tn
j first Scandinavian-American ban
closing and reopening, and it wa
known that C,ovs-nor-eiect 'Nesto
I would request his resignation
!! News of the completion Of the ne'
4 (Continued on Page - Il
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1921-11-23
FRAZIER SAYS
FAREWELL; NOT
AT INAUGURAL
Governor Leaves Farewell Mess.
age Thanking Friends For
Loyal Support
HAS BUT ONE REGRET

Governor Lynn j. Frazier left thu
state capitol about l o'clock this af
ternoon not to return as Governor.
He declined to attend the inaugural
but during the morning Governor Fra
zier and Mr.. Nestos had a long talk.
Before leaving Governor Frazie,
gave out the following message: s.
- have but one more message
before Isleave the capitol for the |,
farm, and that is message Of
heartfelt thanks to. all members,
of the Nonparisan League and to
all Others OF our citizens who
have SO loyalty supported my ad-
ministration Through five long
years Of struggle and who have
stood by me and my associates in
vistory and defeat.
The only regret have as
surrender the responsibilities of
office, is that we have not been
able to render greater service to
the people of our beloved state,
but we have done the best that
was in us, and the fight is still on
and will be until the complete
success of the Industrial Program
is assured. We have left the Bank
of North Dakota, the keystone of
the program, in splendid financial
shape for our successors to use,
and sincerely hope they will be
able to Immediately aid our hard
pressed farmers. | leave office
with malice toward none and
charity for ALI and with the abid-
ing conviction that the people OF
North Dakota will not only settle
the grave problems that confront
them but will, in the future as in
the past, be in the front trenches
OF the forces that are now strug.
Cling to establish economic free
dom for the producing classes of
the world
(Signed) Lynn J. Frazier.
Governor Frazier told Mr.. Nestos h
would move out of the Governor
mansion this afternoon il 1t was d
sired. Mr.. Nestos assured him tina
he did not desire this. They shoe
hands in cordial manner as they part
n1 ...
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1921-11-23
NO TRIBUNE TO
BE ISSUED
TOMORROW

The Tribune, observing
the annual Thanksgiving
holiday, will not issue a
paper on Thanksgiving
Day.
All employees of the
plant will be given the op-
portunity of the annual
complete holiday. No de-
|partment of the plant will
operate tomorrow.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1921-11-23
JURY VISITS
FATTY'S HOTEL

San Francisco, Nov. 23.-The jury
irving Roscoe Arbuckle for man
slaughter today was scheduled to
visit the Hotel st. Francis where the
! film comedian, host at party last
Labor Day, is alleged to have inflicted
injuries which caused the death OF
Virginia Rappe. : ~ - =
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1921-11-23
CURTAIN IS LOWERED ON DRAMATIC
five YEARS OF NORTH DAKOTA FIGHT
ANDNEW ACTORS TAKE THEIR PL ACES
Nonparan Control is Surrendered State After Hectic Political
Battles Of Last Five Years in Which Eyes of Nation
Turned Toward North Dakota

The curtain lowered today drama of North Dakota
politics. 455#
Quietly slipped through shed the habmens Of
of the Of affairs They
chief turbulent acclaimed asaed Upon
themh had cenered the spotlight O. a nation
The curtain raised New actors took the
audience toward the North
Dakota haer The confidently faced the big task
the began perform slowly and carefully resolved to
gallery to orchestra III
the foyer again paced many "Grstfghe North
auprals
apsin was promed they felt an intimacy
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1921-11-23
TO
ADJOURN TODAY
viii Meet Again in Regular Ses
sion in December

Washington, Nov. 23.-Sine dle
adiournment of Congress was expect
cd tonight bringing to an end the ex-
ira session which was cailed @ py
President Harding April IL. me
senate had agreed to q vote late 70.
day on the tax bill and with this out
of the way was prepared to adjourn
while the house was marking time
awaiting for the senate to declare us
business finished.
Associated Press. No. %. Final
enactment of the tax revision Dill was
accomplished today with the accept
ancc by the senate Of the conference
report. The measure now goes to tne ne
President, whose signature makes IT
law. Senator Ladd opposed the re-
r;rt. This is the bill which repeats
the excess profits and transpor1atlon OIL
taxes, does away with most OF the 50
called nuisance and luxury taxes re-
ducas individual taxes all along the
line and increases the corpora
tion income tax from ten to twelve
and q half per cent. The measure
generally is conceded only as tenn
pcrarv. and the understanding IS
new bill will be framed within yea'
or 50.
The regular session will be CONVEX!
ed in December when the Ford-Ne"
berry election contest and othe1
measures which have been under I'M
! mediate consideration in the CLOSING
days of the extra session will agal'
be taken up. ....