davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1921-12-18
.RCONI SAYS: ONLY WORLD CONFERENCE
)F BUSINESS MEN CAN AVERT ECONOMIC RUI

to take different view Il fact Of course, that labor
wants than It accepted But It is also fact
that capital wants In other days per cent was
considered excellent return invested capital Today
10 Per osnt wanted and per cent accepted reluctantly
H the argument is urged that 10 per cent today, with
governmental taxation what it u.s. nets the investor
than per cent formerly netted-surely the
argument be urged in support of abors claims that
higher wages necessary
''But obviously. both capital and labor cannot have
more-without Inevitable economic crash This
ing mpasse however is matter for economists Of the
world to study collectively and together to evolve way
out that will give both capital and labor the maximum
Of practical concessions It is absurd to say that
solution cannot be found it is absurd to think that
solution ever be foundry politicians whose whole
training and instructive viewpoint unfit them for the task
ut may sound strange, coming from me- but the fact
at heart less Socialist can't say that
believe in the form Of socialism which makes Russia
economically worthless nation-but am most heartily
IN favor Of that kind Of socialism which understand
exists in the State Of California where every sixth person
his automobile There is evidence Of equality Of
division Of wealth which appeals to me- It Is just pos
shs suppose that tho Il to be found In the fact
that Oaoans have caught tho essential truth Of
omio prospmity-snd that they al work!
The Washington times., 1921-12-18
MUST STABILIZE EXCHANGE.

Steel is badly needed in Italy Supplies Of steel
here in England in abundance On the face Of here is
all that is necessary for prospecting trade conditions
the demand and the supply. But under existing oond-
lions British export trade is almost NIL and Iays needs
going unsatisfed The is selfevident as
hardly to need stating But to emphasize my point let
me say that MANN Italy elsewhere-is going to
make purchase when he has way Of knowing what
the price is going to be-
On the day the Italian importer places his order for
this English steel-to be paid for mark you, in pounds
sterngit may be that the sovereign is worth 70 lire
On the day when the payment falls DUE however the
change rate may have gone against Italy until the
erssn 10 worth 95 lire. In the difference between the
The Washington times., 1921-12-18

tion for making sfrplanes non-tn-
flammable. Fire. II u recognised.
10 still the greatest danger Of the
air. Multiple engines oan reduce
to zero the danger Of collapse
through engine failure; dual pilot
age and control can abolish to
largo degree the uncertainty at
taohinG to the human element;
stabfiisers and other devices can
render the airplAns immune from
storms In the air, but the danger
from overhsating or from electric
discharge remains a. great ~ ever.
BradleyAs invention. explained
before the Aero Club Of America.
IL therefore hailed ~ Of tremendous
Importance by French experts ana
already test machines have been
constructed along Bradley's specifi.
cations.
One Of the chief reasons France
IL holding It's lead in aviation Ii
that LAursnt-Eynao, under sscre-
tary Of aeronautics, Is himself
pilot and saw active service over
the German lines during the war.
Shy Of publicity, he ID working day
and night to provide France with
the greatest commercial air feet
In the world.
During the six first months Of
1921 approximately million miles
had bsen covered by French COM
mercial airplanes, transporting
5000 passengers, 1%o tons Of freight,
five tons OF mail, with q net casu-
atty result AZ follows:
Pilots killed. ..................
Passengers killed. ..........-~
Pilots wounded. ....--~.-~-~-y
Passsagsrs iA5ars1>>-s-A
The Washington times., 1921-12-18

nARIs. Dec. 17.-After . little
car. enter tho airplane for all.
Models shown at tho air
salon at the Grand Palais indicate
q tremendous effort on the part Of
designers In two directions:
1. To build monster machines ca
pablo Of crossing oceans with a.
many ~ 100 passengers.
Z. TO build tiny, self-stabilized
'fyplanes" a. simple Of operation
- . titnsy. capable Of landing al
most anywhere, and with prices do
signed to suit the purse Of any man
who can afford an automobile.
Other Developments include; An
air taximetsr; . helicopter capable
of ascending. and descending verti-
cally without wings; a muffler de-
vice, which II In claimed will allow
air passenger to converse freely;
Z folding airplans, measuring seven
team feet by twenty-five feet, which
can b packed away in three ordi-
nary sized trunks and rs-assembled
In one hour.
The tremendous strides air devel-
opmsnt has made since the war are
demonstrated everywhere at the
salon.
"If We were at war now there
would BE- practically no use for
armies and navies," commented Al
varo Pescara, inventor Of a helicop-
ter and one Of SPANS leading aero
nauts.
The exposition reveals that the
leading country in airplans develop
ment 10 France-if Germany is ex-
ceptsd. and Germany In not repre-
ssntsd.
TSnsvias Trsnos comes Italy e.
The Washington times., 1921-12-18

the dangers Of ffy1ng in clouds and
fog arv largely dispeiled.
It u, In fact, possibls 70 ASCEND
In . thick fog. reach . certain
height above the fog. and By means
Of compass. altiinstsr. windomstsr
and other directive instruments,
aided BY the stabilissr. guaranteeing
constant height and direction. land
again in . fog. The signal for land
ing IL given by wireless, the operator
on the ground. By shortening and
lengthsnins his waves, being able to
inform the pilot his exact location
over the field.
The problem Of fos-flyins II not
entirely done away with, but the
wireless telephone and the stabilzier
have gone q long way toward its
solution.
Apparently the Germans are
ahead In motorless trials, but
French experts such a. Rene
Fonck. tho ace of aces. observe that
tho idea Of flying without motors IL
a. though giant oil-burninG liners on
the ocean were deprived Of their
engines and set to running with
sails.
The French have been among the
first to realise the practical bsns-
nts sf Parkss n 1rsAlsv's invsn-
The Washington times., 1921-12-18
"A CALIFORNIA SOCIALIST"

Let the prices Of all such articles fuctuate in equally
wild fashion-what would be the inevitable RESULT As
suredly ladies would cease shopping.
"T7at is all that is wrong with world trade it.
Let values be definitely determined and speedily buyers
will back into the markets Of the world, and
shall have taken the first step toward solution Of all
tho problems which, however independently important
they may seem actually all correlated and dependent
On solution Of this major problem
lit to be popular at the moment to blame labor
for larger share of responsibility for the worlds bust
ness stagnaon than any other class, but am inclined
The Washington times., 1921-12-18

two rates is the difference between profit and huge
loss.
Business in Europe-including the Germans
not nearly much concerned about the depreciation
of their currency one might suppose What they do
want what they must have before they engage profit
ably in foreign trade is sterilization Of the exchange.
IF may be permitted homely analogy, let us take
the Of lady shopping expedition who buys
hat for $25 and considers she has bargain. Supposng
the following day she finds the hat marked at $15the
Same hat in the same shop Then supposing tho next
day she finds the hat in the shop has risen in
price to $751; Surely her bewderment would be easily
imagined
The Washington times., 1921-12-18
BY HAYDEN TALBOT.

pcssssisht
I ONDON, Dec. 17.-'.The restoration Of the world to
pre-war economic conditions may OF may not be pos
sble Of accomplishment, but in my opinion sine qua
Of any attempt to accomplish it is that it must be in
trusted to whose business experience fits them to ap
proacb the intricate problem intellngently"
This is the considered opinion of Gugliemo Maroon
famous inventor, who granted interview regarding
the worlds economic outlook $40
after ALL he continued, 'when bank gets into diff
dcus the procedure invoked is always the same-what
ever the country men, whose inter-
ests are involved called together, and generally ways
and found to the bank There Is nothing
Of altrusm in this 1t is merely hard, cold business
sense. To allow that bank to go under might nan-
ca distress in the of dozens of other business nst
tutions directly and indirectly concerned.
The Washington times., 1921-12-18

Models Shown at Paris Salon Range Prom Mon
ster Planes to Garry 100 Passengers to Tiny,
Self-Stabilized 'FlypIanes" as Simple to
Operate as a Jitney-Air Taximeter, He'll
copter and Other Inventions on Exhibition.
The Washington times., 1921-12-18
ARMS FARLEY
: CANNOT HELP
WORLD TRADE

Noted Inventor Holds That the League Of Nations
Also Is Not in Position to Revive Commerce.
"Up to Today We Have Seen Virtually Nothing
Attempted to Remedy the Tragic Situation"
Italian Scientist Adds.
The Washington times., 1921-12-18
BUSINESS MEN
WANT VALUES
MADE STABLE
Importers and Exporters In Every Country Dc
mand Sterilization of Exchange Before They
Cam Engage In Foreign Trade-Italy Needs
Steel Which Britain Has In Abundance, But
Price Fluctuations Prohibit ANY Trading Now.

self interested opinion As such it is worth stating only
that the fact may be known.
LAS see it the vitality important thing is that this
world problem should be approached and solution
sought by employers Of labor who in their own business
have proved that they understand and are properly sym
pathetic toward labors aspirations None better than
such men knows that any attempted solution which does
not take labor into and which does not admit
that there is for labor would be foredoomsd to
failure.
LET there be arranged world conference Of business
men of proven ability in their spheres Of activity
Let each group have mandate from its government
that will be authoritative and evidence that it has its
governments full support Out Of such conference in
my opinion, would practical speedy solution Of
this pressing problem tho most urgently needed
thing in the whole world today"
In the early days Of the war; In interview which he
granted me, Marconi had strikngly interesting
things to say about the Of wireless telephony along
the Italian front-and at that time prophessd that 'sbe
fore long, transatlantic wireless telephony would b an
accomplished fact, asked him how near to realisation
this prophecy now was
lit has been realized already" he replied "Ssvers
words have been spoken side Of the Atlantic and
heard the other hde-but yet trans Atlantic wire
less telephony is not commercially practical. However
have to believe that before another Ohrimas
comes it will be possible for man in Now York 20 talk
with man in London a. clearly and distinctly svr
half mile Of telephone wre At the present time 0nss
nations are at work experimenting along these 0nas-
England, America and Germany.
"From my yacht In tho Msditsr1znesu 6Evs ~
quently talked with shore stations 1000 miles dstzut
and from the standpoint Of dsnc+nes hsvs had bssr
results than have been obtained abort stanes
wire telephone. But beyond 1000 miles indstinsGnsn
has still to be overcome So long Il d nsossay b
dfferentiate between similar sounding leteaz suh q
and s, and B and 7, cannot say success has ben
achieved OF course, the wire telephons-epsany
in newspaper work-one frequently has 10 g for sugar.
and IT for Tommy in order to ensure accuracy.
The New York herald., 1921-06-21
ELKUS Is ASSAILED
AT LEAGUE COUNCIL
Ex-Premier Of Sweden Attacks
Decision of Commission on
Aland Islands.
BIZ thc Associated Press.

GENEVA, June 20.-Hjalmar Branting,
former Premier of Sweden, at to-day's
public session OF the council of the
League of Nations attacked the report
of the Allied Commission on the dispute
between Finland and Sweden over the
Aland Islands in the Baltic, which
recommended the islands be given to
Finland. He was particularly severe
upon Judge Abram I. Elkus, the Ameri-
can member OF the commission. who. he
said, diminished the importance of his
own mission and detracted from the
prestige Of his own decision by declar-
ing the Aland Islands question to be in
significant"
NJ. Branting demanded a plebiscite on
the principle of self-determination for
peoples, and declared naturalization OF
the islands was necessary for sweden't
security.
The Finnish representative, NJ. Enc
kell. declared his country would never
consent to part with the islands. The
council reserved decision, which will
probably be announced before the end OF
the session. All indications point to II:
being favorable TO Finland.
Later In the day the council closed
its doors and announced its sessions
would be secret. The members engaged
in @ sharp controversy. several of then
demanding open doors, which was op-
posed stoutly by the Italian delegate. the
Marquis Imperiale. When finally the
council made up its mind to give out its
deliberations on the Sarrc question
there were no press representatives pres
ent at league headquarters.
M. Rault. president of the Sarre VAL
ley Governing Commission. replied tc
the German complaints on the garrison,
ing of French troops in the territory
and also the expulsion of German func-
tlonaries connected with the strikes IN
August, 1920. and the use of French
money in the territory. He said troops
were necessary to protect lives anc
property in case of trouble. such as
was likely to develop from strikes SINH.
lar to that which the functionarie5 at.
tempted to fomept last year.
The council approved the presence OF
troops. but suggested that the commits
sion arrange to reduce the number as
far as possible. There are at the presen,
time 1000 troops in the Sarre district
including some blacks, but the latter
are about to be sent away.
The New York herald., 1921-06-21
su the Associated Press.

BERLIN, June 20.-Thousands OF un-
employed workmen to-day entered the
Labor Union Assembly and demanded
that all workmen who had had steady
employment should give UP their Jobs in
order that the idle workmen might be
employed. The president of the Labor
Union Assembly was badly beaten with
blackjacks and left bleeding on the
floor.
The fight spread until five thousand
persons were embroiied. using fists.
chairs and sticks. Repeated alarms
brought several hundred police to the
scene. who cleared the building after
the uproar had continued for two hours.
The injured president was taken to 4.
The New York herald., 1921-06-21
HARDING WILL NAME
SHIP CLAIM ARBfTERS

WASHINGTON, June 20. - President
Harding has approved a suggestion OF
the Shipping Board that settlement OF
approximately S30o.000.000 In claims
against the board be placed in the hands
Of board OF three arbitrators. TO be
appointed by the President it was an
nounced to-day at the Shipping Board.
Heretofore the Shipping Board has
acted in the capacity of both defendant
and judge in the matter of claims. Chair
man Laslser explained. Most of the
claims have resulted from cancellation
of contracts by the board. one of them
being for S20.000.000 and others ranging
from SS.O0o,00o downward. Some of
them were plainly too high. Chairman
LaslSer said. adding that delayed settle
ment had caused them to mount
The members Of the arbitration board
would consist of a lawyer, an auditor
and a technical man, all "of national
standing and reputation"
The New York herald., 1921-06-21
2 STEAMSHIPS BURN
OFF BARREN ISLAND
The Polar Bear and City Of
Omaha Towed Out Into
Bay Still Afire.
WAREHOUSE WENT FIRST
Then Flames Spread to Docks
and Leaped to Vessels
Despite Crews.

The United States Shipping Boart
steamships Polar Bear and City Of
Omaha, tied up at dock off Barrer
Island in Jamaica Bay, caught fire lat
last night after the flames had destroyed
the docks and a large concrete ware
house several hundred feet long owne
by the New York Sanitary Disposal
Company. Early this morning the ves-
sells were still burning, although they
had been towed out into the bay and
the Fire Department had the flames
under control. Two other ships which
were also at the docks were in danger
but were taken away by tugs before thu
fire reached them.
According to information reaching
Manhattan, the fire started in the Dis
posal companys building, which has no
been in use for year and from which
all Of the machinery is being removed
1t spread rapidly because OF the scanty
equipment for fire fighting on the island.
and quickly set fire to the docks at which
the Polar Bear. the City of Omaha and
the other two ships were nloored. The
two first named ships caught soon after
the docks began to burn. in spite of the
efforts of their crews and tna crews OF
the remainder of the fleet OF Shipping
Board vessels tied up in the roadstead
The first news of the fire was re-
ceived In New York by the Naval Com
munications Office, which received q
radio message from the City of Omaha.
The Communications Office at once
got IN touch with the marine division of
the Police Department. and the fire boat
william j. Gaynor started for Barren
Island
The Polar Bear is a vessel of about
$500 tons, built in 1918 by the shipping
Board at Baltimore. The City of
Omaha is OF about $500 tons and was
built at Wilmington, N. c., in 1919.
The New York herald., 1921-06-21
BERLIN WORKMEN DEMAND
JOBS, FIGHT THE EMPLOYED
Enter Labor Union Assembly, Beat President and
Wreck Building to Which He Is Taken, While
Police Have Difficulty in Quelling Riot

nearby restaurant. the doors Of which
were locked.
The unemployed demonstrators, how
ever. attacked this building. broke in the
doors and windows and demolished the
furniture. The president was taken
out by the back way and hurried to q
place OF security. A rumor that the
president had died, although 1t was Of
ficialiy denied by the police. added to
the excitement.
Union Council was In session. The un-
employed were holding a demonstration
outside the building and sent delegates
into the hall to lay their demands be-
fore the council. AS soon as these were
made the council broke up its session
and fighting began.
The New York herald., 1921-06-21
BRITISH MINERS PLAN
TO WIN AT ANY COST

LONDON. June 20.--Leaders OF the
Miners Federation Of Great Britain took
no steps yesterday TO prevent the with
drawal of the Governments offer OF a
flo, ,O00, 900 subsidy to the coal industry
The situation is full of uncertainty. The
call of the Miners Union to all trade
organizations affected by the wage dis
pute to meet at an carly date for the
purpose of taking national action to OBJ
tain mutual demands is regarded as an
S Q : prompted by desperation.
The fight is now taking on an en-
tirely different character" said \. J.
Cook. South Wales labor leader. "The
whole body of the British miners Is
going into tho struggle for socialization
or naturalization, OF the mines. II is
going to be fight directly against the
Government"
The New York herald., 1921-06-21

Special Cable TO THE NEW YosK HERALD.
Copyright, 1871, BY THE NEW YORK HERALD.
The New York herald., 1921-06-21
ALLIES FAVOR PLAN
FOR DEBT GUARANTY
Commission Expects to Ratify
Scheme to Mobilize German
War Obligations.

Special Cable TO THE NEW YoRK HERALD
Copyright, 1871, BY THE NEW YORK HERALD.
New York Herald Bureau,
Paris, June 90.
Preparations Commission officials to-
day expressed the belief that the French
plan for mobilizing Germany's debt to
the Allies by having the latter issue sep
arate bonds, bearing their own guaranty.
for the sum of the German bonds handed
to them by the commission. as was
printed in THE NEW YORK HERALD last
week. would be ratified by the commits
sion soon.
All inquiries from England and from
Belgium have shown that approval Oh
the scheme there is general, and the in
timation that American financiers favor
the proposal is considered here as pre-
facing the long awaited American help
in solving the commissions biggest
problem.
Allied financial representatives will
meet in Paris again Friday to discuss
the reparation problems, including Ger
man coal prices and the distribution OF
the remaining "a per cent. OF the rep
aration payments, In regard to which
unanimity in the commission is not yet
possible Inasnuch as these representa-
tives have full authority from their re-
spective finance ministries, the latest
plan for realizing on the German pledges
also will be on the agenda, and their de-
cision in this regard will give direction
TO the decision which will be reached by
the Reparation Commission in the fu-
ture
The Committee on Guarantees is car
rying on it's investigation In Berlin re-
garding control OF Germanys income IN
such a way that its decision will ht into
the proposed plan, and 1t Is believed mere
now that il will be possible to authorize
the Allies to negotiate their respective
bond issues before September !.
The New York herald., 1921-06-21
Britain Concerned in u. S.
Attitude on Jap Alliance

Special Cable to THE NEW YORK HERALD.
Copyright, 1921, bv THE NEw YoEK HERALD.
New York Herald Bureau.
London. June 90.
TN diplomatic circles great inter-
est is manifested in the prob
able attitude of the United
States should the Anglo-Japa-
nese alliance be renewed. 1t has
been suggested that if this step
is taken Premier Hughes OF Aus
tralia would return home by way
of the United States, where he
would make series of speeches
explaining the situation in the
Pacific as it affects Great Britain,
Japan and the dominions.
The New York herald., 1921-06-21

tions are united by insoluble bonds with
the Empire. He invited them TO take
part in any steps they deemed wise In
advising the Empires foreign policy OF
that would give them greater power II
the Empires action.
'.The British Government has been un-
der some suspicion in some quarters OF
harboring designs against this gather
ing as a conference" he continued
I'VE were said TO be dissatisfied with
the present state OF the Empire and tc
wish TO alter its organizations in SONS
revolutionary way. Gentlemen. we are
not at all dissatisfied. The British En-
pire is progressing very satisfactory
from a constitutional standpoint, as wei
as in other ways"
The New York herald., 1921-06-21
SCORES IN MONT GEMS
MINE DIE IN EXPLOSION
Fire Damp BloUs Up, ~ Bod
les Found, $50 Missing.

BEnS. Switzerland. June 2o.--An ex-
plosion of fire damp to-day destroyed
the greater part of the Mont Gents mine.
Up to tonight twenty-five men are
known to be dead and large number
injured.
or the 500 who were in the mine at
TIN, time of the disaster only 120 are
accounted for.
The New York herald., 1921-06-21
Colonial Troops Help.

II was then that lie refe rred TO the
Anglo Japanese relations and declared
that without the aid OF the Australian
and New Zealand troops which Japan
had conveyed while enemy vessels still
infested the Pacific, Lord Curzon
would to-day be not settling the final
details OF a victorious peace, but would
be trying to get the best terms possi-
BILE from the conquerins Germans.
These Colonial troops, he said. enabled
the Allies to hold on until the Ameri-
can troops came in and decided the
conflict.
During this part Of his speech the
Prime Minister hammered in two
dominant ideas--that the war had re-
vealed tho British Empire as some
thing nobody could attack with inn
punity and that friendly cooperation
with the United states is for us a car
dinal principle"
The Prime Minister stressed the point
that tho Dominions and India had now
indubitably taken their places as nations
OF the world by their signatures to the
peace treaties, as we'll as by their parts
in the war. but that both war and peace
have demonstrated that these sister ma