davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-01-02
ENGLAND FACING
FEW MATURITIES
Continued from FIRST Page.

OO0 900 owed internally, only 515.00O,OOo
are funded consols. the rest being war
stock and exchequer bonds maturing AT
various dates from 1922 TO 1890.
The lucky coincidence between the
present "deflation slump" of business and
the light maturities OF Government obli-
cations In the near future may be just
what is needed TO bring England tri-
umphantly through, although many ousi-
ness men and bankers here paint
gloomy picture OF the future. just be-
cause they say British industry cannot
stand the burden of the present taxes.
which they blame in large part for the
present slump.
Sir Charles w. Macara. Reginald Nc
Kenna and other bankers say the time
has come when the Governments ef-
forts to hasten deflation by repaying
loans are defeating themselves. as busi-
ness is forced TO borrow from the banks
to pay taxes, thus restarting vicious
circle OF paper wealth.
Although the Chancellor of the Ex-
chequer says there has nothing yet de-
veloped to warrant a change in the
optimistic budget estimates running uo
to March 81 next. he predicts nothing
regarding next year. but bankers and
business men do not hesitate to predict
for him. They say that II the slump
in trade continues there will not only
be no excess profits but no profits at
all-not anything but general bank
ruptcy.
The most important factor invariably
brought into these gloomy forecasts is
exchange. 1t is pointed out here that
England is the halfway house where
her customers cannot buy because their
exchange is deprecated as compared
with hers and she cannot buy because
her own exchange Is deprecated as COM
pared with those of the countries where
she must buy herr raw material And
the most important factor in the ex
change situation is always declared TO
be the back breaking war debts.
The New York herald., 1921-01-02

Special Cable to THE NEW YORK HERALD
Copyright, 1871. oy THE NEw YORK HHaALp.
New York Herald Bureau.
Paris. Jan. I.
France. despite the failure of Ger
many to indemnify her for her losses
in the devasted regions. intends to con-
tinue her valiant effort to wipe out n
considerable portion OF her indebtedness
to the United States this year. accord
ing to a statement made by a prominent
French finance official to THE New
YORK HERALD correspondent to-day.
While such reimbursement will not
affect purely governmental loans made
to France by the United States Treas
ury during the war, It Is certain that
at least $100. 100000 worth OF French
securities issued by French municipali-
during the coming twelve months. thess
issues being $50. 900 worth Of City of
Paris bonds. $22. .0o0. 900 represented in the
City of Bordeaux municipal loan and
So, ,000. 00o> in scattering debts involving
small city loans. payments for supplies
left here by the American army when
1t returned home, interest on other mu-
nicipal issues and q portion of the in
terest on the replacing loan negotiated
with J. p. Morgan q Co. last fall.
VIII Delay Government Loan.
In fact. IL the French budget Is not
sliced too deeply by Parliament 1t Is
even possible that France will offer a
portion OF the interest on the Treasury
loan. but in official circles here 1t is not
believed that this Will eventuate. mas
much as 1t would provoke Great Britain
to continuance Of her Independent
financial action. which the French are
anxious TO see relegated for wider pol
icy Of cooperation In connection with
allied debts to America. The necessity
for this is apparent. since Great Britain
has agreed only tentatively not to ask
The New York herald., 1921-01-02

for payment of her loans to France until
Germany's reparations begin TO arrive.
So far as the United States Is con-
cerned. Frances indebtedness Is sum-
marked as follows:
1. Fifty million dollars In v,unicipa.
issues. chiefly those of Paris These are
held by scattered financial groups, with
"a. 900. 900 OF them In the safes OF In
dividual investors.
g. The three issues of Bordeaux. Lyons
and Marseilles. totaiing s45,o0o.o0o SINH
larly held.
8. One hundred million dollars in the
now replacement issues arranged with
j. p. Morgan a Co.. when France wiped
out $3.50. 100000 of her share In the
Anglo French loan.
L. Four hundred million dollars due to
the United States for army stocks
S. Two and half billion dollars as
the maximum Of Frances actual indebt-
edness to the United States Treasury.
for which no demand has yet been re-
ceived either for reimbursement or pay
ment OF interest.
8. French national bonds. which can
be considered as currency and subject
to huctuating exchange values.
During last year. the French Ministry
Of Finance admits. attention was con-
centrated on meeting the Anglo-French
loan. which was exceedingly difficult on
account of budget balancing difficulties.
but considering the fact that s150.00o,-
900 was covered. although a part of the
original loan was sent to Russia with
out any prospect of immediate reim-
bursement, Il was indicative that France
was willing to do all possible to stabilize
world financial conditions Moreover,
1000, 900 worth OF French Government
securities held by small bankers in the
United States we're met and the accrued
interest was fully paid during 1920.
To Begin Refunding.
Meanwhile. the Chamber of Deputies
has just approved a measure by the
Government authorizing the maintenance
Of the advances by the Bank of France
to the Government at $4,000. 100000
francs, as they stand at present. An
agreement formerly entered into pro-
vided that these advances should be re-
duced to "a, ,000, 900, 900 francs.
Frederic Francois-Marsa Minister of
Finance. said the Governments promise
to reduce these advances was predicated
on the financial clauses of the Treaty of
Versailles. He promised that the re-
funding of 1000. 100000 francs a year
would be done regularly, beginning the
next fiscal year. as. he said. the amount
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1921-01-27
FOREIGNERS SENDING
VAST RELIEF HOME
Over 80 Per Cent of Food Drafts
Sent to Europe Gifts From
Immigrant Population.

Out of their earnings, for the most
part as unskilled laborers, living from
hand to mouth, the foreign-born ele-
ment In the United States Is cOntribut-
ing largely to the funds for food sup
plies to aid the starving peoples of
their native lands.
Figures from the Food Draft section
of the American Relief Administration
show that $593,110 had been sent to
Poland, up to the end Of November.
S15S,17O had been sent to Czecho
Slovakia, Hungary had received $685.
$780, Germany had 81, 443,610 and Aus
tria $2,O46,720. 1t was estimated that
more than 80 per cent of this money
had been spent by nationals Of these
various countries who are now in the
United States. There are about 1900
600 Poles, 100000 Hungarians, SOC, 600
Czechs and 100000 Slovaks In this
country.
The profits which resulted from the
sale of these food drafts have been
turned into the fund for general child
feeding. 1t Is to bring this fund up to
the point where 1t can meet the de-
mands on II, to save the lives Of $780,
900 children that the European Relief
Council has been formed by eight great
relief Organizations.
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1921-01-27
Time to Begin Thinking

The second Monday of March, the
date OF our annual town meeting will
begin new epoch In the municipal
affairs of Skowhegan. Women Will
for the first time take their place on
the floor of the house and unite their
wisdom and good judgment in public
matters with that of the male sex. AT
the Offset attend all ye voters" and
do your part for the community, but
IL you don't go hold your peace and
don't kick about rotten management
of town affairs. Many OF the places
of business were closed for half day
last town meeting to allow larger
voting privilege and this Is wise
custom to follow Listen to your old
err citizens and show kindness and res
pect to all who voice their thoughts,
remembering that everybody has a
right to his or her opinions. AS yet
there seems to be only rumors. They
pell us that we may have no woman on
the board of selectmen and that pro-
badly woman will step gracefully
into a place on the school committee.
Whether they are elected or not, we
al Unjust remember that the election
of town officers is but small part of
the important business Of the day, but
nevertheless we should pick officers
who will do their duty. The old time
sewer question will doubtless come up
under that absorbing theme and by all
means a most important one of rails
ing money ard in anticipation OF this
let's remember now with an eye to
more beautiful and healthful Show
hogan, 1t sometimes seems wiser to
expend money to have the waste car
ried underground, than to have 1t re-
main in the back yards of the homes
of the working classes with its germs
of Ill health floating thru the COM
munity. There will be big problems
come up at this town meeting and 1t
is up to the male and female voters
alike to study local conditions and
needs, between now and March IA In
order that the people in every sense
of the word shall transact the towns
business.
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1921-01-27
PLEADING,
FOR THEIR CHILDREN
Elder Generation Sacrifices Self
That Hope of Future May
Receive Means of Life.

The one optimistic note in the des-
torn areas of eastern Europe Is the ex-
traordinary and touching faith of the
people in the children. The elder gen.
Grafton has put all its hope and trust
In the future Of the generation new In
Its early years. In fact, in many in
stances It is deliberately sacrificing It,
self for the children, the Europe Of to-
morrow.
In the warravaged districts supplies
necessary for maintenance of insti-
tutions are lacking, but 1t has been
noted that always the request for out
side aid emphasizes the needs of the
orphanages. How marked is this in
cllnatlon was indicated by the fact
that one district of Poland the au-
thoritles, appealing to an American re-
lief organization for assistance, asked
assistance for only one military hos
pital, four general hospitals and TWEEN
ty orphanages.
with the result that because they know
that literally millions of European chill
dren face starvation and death from
disease unless the aid that only this
country can give Is Forthcoming, eight
great American relief agencies have
banded together under the name of the
European Relief Council to raise $685.
100000 needed to tide the baby genera
ton of Europe over possibly the most
critical winter 1t has yet faced. These
are the American Relief Administration,
the American Red Cross, the American
Friends Service Committee (Quakers),
the Jewish Joint Distribution Commit
tee. the Federal Council Of Churches
of Christ In America, the Knights Of
Columbus, the 7. M. G. A. and the Y.
w. G. A.
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1921-01-27
Fund Campaign Confusing

There appears to be more or less
confusion locally between the Euro
pean Children's fund, which is spon-
sored by, and is under the personal
direction of Herbert Hoover and the
Near East Relief of which James L..
Barton Is the director. The Near
East Relief which has been in exis-
tence for five years Is ministering to
the sufferings of refugees and Or
phans in what was formerly the Turk
ish Empire, Persia and Armenia and
must, in addition to what Is required
to operate its hospitals, rescue homes
and refugee camps, collect approx
mately $6,500,000, for child feeding
covering the period from October ID
until the next harvest. The Euro
pean Relief Council representing the
American Red Cross and various
other prominent organizations OF the
Protestant, Catholic and Jewish
faiths is an emergency fund, endeav-
oring to provide food for 3,500,0 900
suffering children in Poland, Esthonia,
Cxecho-S lovakia, Latfia, Serbia, Rus
STA, Austria and Germany, as may be-
designated by the owners. 1t must
collect $50, 900, 900, before the next
harvest for these needs. While the
two interests in each case are abso-
lutely equal in the matter of the pre-
servation of the lives of children and
lare working in cooperation and mu-
tual understanding, the fund at pres
emit asked for in Somerset County
towns Ii to aid in the European Re-
lief Work.
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1921-01-27
The Coming Postmaster

Who will be the next Postmaster in
Skowhegan? Some Of our best citi-
xe0s are awaiting word from Wash
ington, and incidentally the entire
towns awaits. the results of those ex-
aminations of last week. Without
selecting any special one out of the
lot, We can truthfully say that they
were fine bunch of men who sub
m.itted themselves for the test to be-
come a public servant Of the citizens.
In truth we feel compelled to say that
It will take good man to follow in
the footsteps of our deceased Post
master, Clarence Mantor.
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1921-01-27

Governor Charming H. Cox of Mas
sachusetts has written letter to F..
G. Ayres, Government Director Of the
Savings Division, First Federal Res
erie District, urging that all citizens
"practice strict economy in their own
life" and pointing out "the desirabi-
lily of investing a part Of their saw
ings in Government securities" The
governor. In following up his efforts
to curb the swindlers who, he says,
have been taking s3O,O00,000 yearly
from the people of Massachusetts, is
trying to help the Government thrift
movement. 1t is well enough for us
people in Somerset County to give
this matter little thought.
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1921-01-27

Next Saturday marks the birthday
of Ex-President William Mckinley
He was born in 1S43 in Niles, Ohio and
was inaugurated president of the
United States in 1897. His death fol-
lowed his assassination during his
second term of Office. He was a Re-
publican and the 25th president of our
country. Men and women Of his po-
itical creed and OF the Democratic
party do honor to the memory OF an
honored statesman, gentleman and
honest citizen.
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1921-01-27

Scrub Flower Pots Occasionally.
Keep a small stiff brush to give the
flower pots Of house plants an occa-
sional good scrubbing. Even though
tho pots are set In jardinieres. they
eed cleaning once in = while. Tho
OTIS arc porous and become easily
clogged II not washed occasionally. II
the pot IL kept clean the soil win keep
fresh and will never become sour and
kill the plants.
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1921-01-27

Don't forget Ter boom Skowhegan by
using the suffers in all your business
letters which the Skowhegan Mer-
chants Association is placing at your
disposal.
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1921-01-27

Typewriters for rent or for sale.
cash or on the installment plan.
We can plscs Advertising for Jon In
any 6f tho Maine papers OF any pabli-
cation In Ameetcl- Doonom1ea1 teGunA
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1921-01-27

Candlemas Day next Wednesday, de-
cides our fate for warmth or cold
during the rest of the winter. Let's
have q storm.
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1921-01-27
lts Route.

Its Route.
why don't you get some labels on
your suit case. to show where it's
besnr The pawnbrokers don't turn
iah labolD."
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1921-01-27

gNot a home In this
city but has its quota Of
discarded furniture, rugs,
stoves perhaps, a wheel
barrow maybe.
ga few cents for a
want ad and some one
who needs the very
article that lies rothng
in your garnet will call
and pay you for it.
q You are better off
new owner is pleased
and the article itself is
contributing to the re-
duchon Of the high cost
Of living.
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1921-01-27
On Cardboard 91X7
Inches
15C each or two for Is

15C each or two for Is
II Ordered by Mall Remit 1Sc
additional for Packing and
Postage
To Let
For Sale
For Rent
Keep Out
Ice Cream
Keep Down
Boy Wanted
Dressmaking
Pigs for Sale
Fresh Oysters
Room to Rent
No Admittance
Dinner, - ctr.
No Trespassiag
Boaraers Wanted
Meals Served Here
Board with Reems
Tenement to Rent
Washings Wanted
Car For VAUDEVILLE
No loaflng allowed
Reliable Tenant Wanted
Furnished Room to Rent
Dump No Rubbish Here
All Goods Sold For Cash
Regular Dinners and Suppers
Served Here
Ready to Cook and Serve What
You Want to Eat, Any
Hour, Day or Night
Smoking Room
All Goods Sold for Cash
Quick Lunch
Board With or without Room
Dangerous Passing
Custom Repair Shop
Turn Out Lights
Public
Positively No Smoking
To The Fair Grounds
20 Per Cent Discount Next 10
Days
Don't Ask for Credit
Strickly Cash
Rooms to Let 14xu
Eastern Standard Time
Daylight Saving Time
No Hunting or Trapping Allow
ed Here
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1921-01-27

Reporter wanted. our hles are ex-
hausted on the issues OF January IS.
February II. February 10. and Septem-
Der 3 We will gladly pay the retail
price for few copies OF each Of these
issues brought or sent to our Office. II
sent by mail be sure 10 have your name
and address appear thereon. that we
may make suitable remittance. hide
pendent Reporter Co. tf2
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1921-01-27

ABLE fruit trees and shrubbery. Big
demand Complete cooperation. Com
mission paid weekly. Write for terms.
Willems Sons Nurseries. Rochester, n.
Y. 4W2s
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1921-01-27

W y NifsD ~ hfsNi n AftH IN NJ "
Portland or elsewhere or viii buy small
place in or near a village. Write Mrs.
Ahble Spencer. Farmers Phone s-12,
Scion. 4w2'
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1921-01-27

SOLID IRON HANGER. II IN. DROP,
10 In spread. Would cost 81 OF IS.
porter Co. tfIs
NEW ENGLAND DIRECTORY-
over 2100 pages, 1918 edition. Cost
~; viii sell for 800. Independence Re-
porter Co. tfas
VERY CLASSY PRINCE ALBERT
suit practically new, has been left with
me for sale. Would cost $3.50. Own
er has authorized me to accept first
oHer OF $40. Eugene c. Tarbox, Wat
er st. skowhegan. N. q. Phone
'''A' TIT
LARK YOUR LINEN WITH A. Rue
sEE printing stamp. Your name. eA1
inoelible mixing pad, complete outnt,
6y mail s6c. Independent Rsports9
A SIGN JOB PRINTING! FOn
sale. Board il On It. long by 13A
inches wide. White LISTERS ON black
ground. Would cost 5000. L. IN
practically perfect condition. VIII
sell for $500. Just the thing for
some job printer whose place Of buGI-
ness needs to be mere censplcuously
marked. Observation-Disclosures Co.
NEWSPAPERS, ImnAnm,. .uAn.
ING rooms or Climb rooms, haviug oo-
casion to nle daily or .Woskly papers
Tor use or to hang On the wall g
that they VIII remain permanently
nniolded. can obtain q 40 two ne
We have no fussAss usS. TSs1
are Of . ea.e Witch Will rooofvs@ DeooeS
ef ua1el1e1 sAssG u SasA DeSeSSSl.
ACKNOWLEDGEMENTS O. 61S
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1921-01-27

strawberry and raspberry plants a
all other nursery stock. including orn
mental shrubbery. Am Lame, cam
come t. see you. Write me what y
want. VIII send descriptive literatu
and prices. Fairfield Williams. MAJ
son. f4w4s
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1921-01-27
nnf HARD WOOD roa sALE-A F1


lag bed planners. 2 plain bed planners,
inch, IL inch and 1s inch buzz plan
ers, sawdust blowers. platform scales,
shingle machine. , clutch pulleys, 40
h. p. water wheel h. p. marine en-
Eine. electric motors. steam boilers and
engines. betting. shafting. puileys.
Write for Information Clair Mcclellan.
T.. O. Drawer al, Waterville. Me. TIA
The Lubbock avalanche. (Lubbock, Tex.) 1909-1922, 1921-07-07

TEXAS GRAIN MAY NET FARMERS
UPWARDS $2O,OOO,OOOOO THIS YEAR

for oats delivered at Texas common
points, this crop will rise as high as
SIT, 100000, thereby making the
movement Of wheat and oats in Tex
as total s44,000,000
Estimating as nearly as can oe
done from the practical experience
Of the farmer, the average man who
raises wheat win spend $3.50 per
acre for seed. $3.50 TO put it in the
ground, $3.50 for cutting, s2.40 for
threshing, rs cents for twine, go
cents for hauling and 50 interest on
the land. This brings the total ex-
pense 70 s1s.35 per acre.
Figuring on the average yield Of
twelve bushels 20 the acre, and that
the average farmer will realize 81
per bushel on wheat, there would be
a remainder of SG.75 for every acre
Of wheat which he raises and mark
cts.
According to the above, the farmer
who does his own work on his land
which belongs 20 him would really
nave 81 cents out Of every bushel for
the expenses Of the farm On this
basis. farmers would keep Sll ,400,-
600 Of the proceeds Of the wheat.
Working out oats on the same bas-
is, the producer VIII keep S6,600,O00
on this grain.
The Lubbock avalanche. (Lubbock, Tex.) 1909-1922, 1921-07-07
VIII Withdraw u.
S. Army From
Germany Soon

Washington. July 5-American
forces In Germany will be withdrawn
within the next few weeks as the re-
suit Of the final enactment Of the
Peace Resolution. Representative An
thony. Of Kansas, in charge Of army
appropriations in the House, said to-
day.
He declared that appropriations
Tor the current fiscal year are 80 linn
tied that the War Department will
be forced to return the troops with
in a month, or violate the borah
amendment 70 the Army Appropria-
tion Bill which prohibits the incur
ring 81 any deficiency.
Now that the Peace Resolution
j. passed, the troops should he with
drawn at the earliest possible date, y
said Anthony
They have been a big burden on
the American taxpayers. although
the understanding was that Germany
was 10 pay all expenses.
The cost Of the army of occnpa-
ton has been about 1925, 900, 600.
Germany has paid about S30,-
000, ,O00. according to my informa-
tion and the balance has come out
Of the TreasuTy Germany, Of
course. viii readily agree 10 the with
drawal of the troops"
The Lubbock avalanche. (Lubbock, Tex.) 1909-1922, 1921-07-07
North Plains Got
ALight Rain
Monday Evening

According 90 newspaper reports IN
the Daily % ess Tuesday, light rains
over the North Panhandle with COM
paratively none on the South Plains
Monday and Monday night, was the
precipitation record for the "Glor-
i0us Fourth" The United States
Weather Bureau reported fifty-six
hundredths Of an inch at Amarillo,
vhile railroads reported scattered
showers over their lines out from
that city.
On the Santa Fe from Amarillo to
Hereford. approximately a nall inch
fen. From Amarillo % Higgins and
north on the Perryton and Speatman
branch line the rains were estimated
az a half inch Two rains fell at
Clovis and the Pecos division report
ed from one-half 10 one inch. No
rain was reported south on the Santa
Fe 20 Slaton.
Scattered showers on the Rock Is
land were reported One inch fell
at Wildorado, one inch at Shamrock,
light at Ramsdoll, light at Conway
and at Vega il rained all night, ac-
cording to the information given out
by the railway company.
Local showers all along the line
were reported by the Denver road,
however no definite report as 10 the
amount had been received.
Rain began falling in Amarillo
about three O'Clock Monday after
noon, with intermittent showers dur
ing the afternoon, seriously inter-
ferred with the American Legion car
nival at the City Park. Heavy rain
at night completely demoralized the
carnival and the night program was
called Off
The rains over the wheat belt have
inierferred with the harvest. Much
Of the grain is ripe and should be
cut at once, il is said.