The Sneedville news. (Sneedville, Tenn.) 191?-19??, 1921-09-02

each or a total OF $4,000. Although
this was less than the estimated a,er-
age cost Of one of the ships. the board
agreed to accept the offer. Most Of
the vessels have been lying Idle In
the James river and II has been cost
ing the board almost 10000 a month
TO care for them. Twenty ships were
reserved to be sold at highest prices
and fifty others may he kept Tor use
as pontoons for the building OF the
proposed bridge across the Hudson
river.
The peace treaty with Germany has
been completed and last week was
shown to the members OF the senate
committee on foreign relations, and
also TO other senators. All who saw
II expressed their approval OF the
pact, and II was to be signed In Ber-
lin. II must now be ratified by the
senate and the reichstag. The treaty
provides for the resumption Of diplo-
matte and commercial relations be-
tween the two countries. awards the
United States the fruits Of victory
specified In the Versailles treaty. and
provides for the payment by Germany
Of American war damage claims A
similar treaty has been negotiated
with Austria and signed at Vienna.
Unless the Dublin correspondents
are wrong, another impasse In the
Irish peace negotiations has been
reached De Valera. Dali Elreanh
and the Irish republican council, after
long debate. have drawn up their re-
ply 10 Lloyd Georges offer and dis
patched II to London. Presumably Its
contents will be made public before
this reaches the reader. IL Is assert.
ed now that the British Offer has
been rejected and no counter. PROPOSE
ton made by the Irish. but that the
way Il left open for further negotla.
tion. The Sim Fein leaders believe
fs,e premier In not sincere when he
says Great Britain has made It's ulti-
mate offer: they think the truce will
not he broken by their rejection and
that Mr.. Lloyd George will make fur.
Their concessions.
The Roman Catholic church inter
vened In the Irish controversy last
week with n message Ia DE Valera
from the highest authority" dellv-
cred by the lord bishop Of Dromore
The source Of the message and It's
purport were not made public.
Federal officials have puncturei y
SJO,Oo0Nn financial bubble. they ms.
sert. In the arrest of Charles W
French. partner ~ John W. Worth
lngton. already In custody. and n mum
her ~ his associates In various parts
of the country These men. It IL
charged. were selling stock In 20
companies. all organized by French.
AMI having n total capitalization "
more than sci .en.ODo The federal
In suspicious paper and are getting
confessions from several uf the gang
Developments In the case are coming
daily.
of concrete Interest In the South
and nj least academic interest In the
rest " the country Is the decision VI
Federal Judge Boyd In Greensboro.
y. G.. holding unconstitutional the
federal law imposing a tax ~ 10 per
cent on the profits derived from prod
ucts on which child labor Is en-
ployed. Regulation ~ labor. Judge
Royd ruled g. one 10 the powers re-
ialncd by the states and not delegated
to the federal government. State
child labor laws are adequate 10 care
for the situation and provide n pen
atty. not n tax. ~ l. proposed by the
net ~ congress the decision said.
The attempt ~ the federal govern
mcnt - regulate labor within the
state Is n uSurpaiIon ~ authority and
q violation ~ the sovereign rights "
the state the Judge decided.
The PENNSYLVANIA Railroad c,pm-
pnny has again challenged the right
~ the federal railway tabor hoari -
dictate the roads policy in dealing
with iiS EMPLOYEES. and has renewed
the n-h' for the open shop The
PENNSYLVANIA. In au application fled
by Samuel Rca. president. denied the
legality ~ tho boards refusal ~ rec
"Cnire r"cuni eleCiion ~ representa-
lives ~ the railroads employees The
ballots which ~cle,-;ei them made no
provision fnr unions aS such. ana the
hoard or''"rei = new election. pr,scrib.
Ing the form " the ballots. Agrpe-
ments entered into subsequent 20 the