davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
The Advance in Cotton

Seldom has the cotton market here
been SO completely surprised by gov
eminent crop estimate as it was yester-
day, when condition of 1913 per cent
of normal on August 25 was announced.
The technical position of the market
had been strengthened by Wednesdays
setback, and show Of confidence pre-
ceded the announcement Of che govern
ment figures. Traders were prepared
for a report Of serious deterioration in
the month, but the crop estimate Of
little more than 100000 bales was
below most of the lowest private esti-
mates. and was signal for heavy buy
ing. Prices advanced swiftly amid
scenes of wild trading until December
contracts approached the 1s-cent level
May and July deliveries actually
crossed this line, bringing cotton up
about so per cent in the last two
months.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
MARYLAND Oil Earnings

The MARYLAND Oil Company reported
net earnings for the SIX months ended
June 80, available far interest charges,
Of 1851 ,270, and balance, after In,
terest, of $347 ,23i. Current asss48 as
Of june 80 showed $5,269, 09I and epr-
rent liabilities 1869 $50. Cash amosAted
To Sfs7g. 0{S0.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
Moline Plow

The Moline Plow Company defaulted
yesterday on the payment of interest
on its $4,000, 900 Z per cent serial notes
due at this time, as we'll as the 81 ,00O.-
900 principal amount Of the issue ma
turing on the same date. The commit
tee Of bankers in charge of the reor-
ganizationof the property has about
completed its labors and detailed an
nouncement of the plan is expected mo-
mentarily. The plan provides, among
other things, for an extension of the
maturing notes as we'll as taking care
o. approximately s16,O00,0OO, due to
merchandise creditors and other obli-
cations.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02

LONDON, Sept. 1.-Stpndard copper.
spot. f67 It's Cd; futures. SOS i5s:
Elcctrolytic, spot, f7l los; futures. s7S
los; Tin. spot. Slb4 1os Cd; futures.
&l56 los; Lead, spot, S23 los; futures,
s22 It's Sd; Zinc, spot. ga ia sd;
futures, SIS los.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02

PARIS, Sept. 1.-Prices were {lrmer
on the Bourse to-day. Three per cont
rantes, 90 francs 60 centimes: Ex-
change on London, AZ francs 60 CEN
times; per cent loan, 81 francs IS
centimes. The dollar was Quoted at
IL francs 70 confines.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
Financing Falls OF

Public financing by American cor
porations in August fell off, as COM
pared with July, rejecting the general
slowing up of industry. The aggregate
of bonds and notes issued during the
month, including railroad, public util-
ity and industrial issues, was sos, 1884,
800, against $128,352,000 in. July and
S110,S65,000 in August, 1920. The ag-
grcgate of new corporate financing for
the first eight months of the year was
$1,826, 498, 900.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
Pennsylvania

Stockholders Of the Pennsylvania
Railroad. on receiving their dividend
checks for the last payment, just made,
found a note from President Samuel
Rea attached explaining the reduction
made earlier in the year. "a check is
inclosed herewith" the letter says, "for
dividend of i per cent $50 cents a
share) upon stock registered in your
name. This dividend is at the same
quarterly rate as that paid three
months ago. Prior to that date for
number of years, the quarterly rate
was III per cent. The decrease in
traffic and the unsettled condition of
business generally emphasize the policy
of the directors in making this reduc-
ton. They felt that although the divi-
dcnd has not been earned in the present
quarter, nor in the portion Of the year
that has elapsed, yet, having regard for
the maintenance Of the company's
credit and therefore, for the best in
terests Of its stockholders, it was de-
sirable to declare q dividend Of l per
cent for the present quarter"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
Coal Price Advances

HAzLETON, Pa, Sept. IAN adj
vance Of 10 cents ton in the retail
price of anthracite coal became efrec-
tive to-day at the collieries Of the Lee
high VALLEY Coal Company. This
brings the schedule up to what It was
last april when SO cent reduction
was made to stimulate spring ana su,n-
mer buying. - 80 -
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
In w all Street


Pronounced weakness in Northern
Pacific yesterday gave rise to fresh
discussions relative to Che maintenance
OF the dividend on the stock. The
directors are scheduled to meet in the
course OF the next fortnight. The
last quarterly dividend was paid out Of
surplus, as it was not earned. Now the
ing conditions have improved sufficient
ly to Justify declaration of the full
dividend at the coming meeting. It is
believed that every effort will be made
by the board to continue payments at
the full rate. The stock declined yes
terday from a high Of 73% to 70N,
and closed rs points off at TN.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
London Market Quiet

LONDON, Sept. l.--Trading was quiet
on the Stock Exchange to-day. Bar gold
was quoted at HOS 4d; money was
loaned at 81 per cent. Discount rates
were; Short bills, AS per cent; three
month bills, ~ per cent.
Closing quotations ON stock xara.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
Better Export Steel Inquiry

The steel trade reports somewhat
larger volume of foreign INQUIRIES for
American steel and the number of or
ders placed with manufacturers here
is continuing to expand. This tendency
is viewed enthusiastically by the export
representatives of the steel companies
as it is believed to be the forerunner
Of substantially larger flow of or
ders from abroad. In connection with
German competition it is reported that
the German mills which recently OBJ
tanned an order for rails from South
America were forced subsequently to
break the contract because of inability
to make delivery as specified.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
The Dollar in Foreign Exchange

Sterling and French exchange dis
played strength yesterday and London
sight drafts touched 3.74c at the close,
up IL cents. Exchange ON Germany
was also firm.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
Frisco Cuts Expense
By Nearly SO p. C.
Other Roads Continue to Show
Loss in Gross But Gain
in Net

The ST. Louis-S San Francisco made q
saving of more than $4,000. 900 in July,
as compared with July. 1920. The
traffic was considerably less, and the
road cut off more than half of it's prog
ress for maintenance this year com
pared with last.
The Michigan Central gross revenues
were less in July, 1921, than in July,
1920. but the cut made in operating ex-
penses was drastic. and was about
equally divided as between maintenance
and transportation.
Southern Railway affiliated lines
show the same tendency that was
shown in the Southern Railway itself
IA decrease in gross earnings and
smaller net revenues.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
Oil Company Receiver Asked

SHREVEPORT. La. Sept. 1.--Appli-
cation was fled in the, Federal Court
here to-day by the Confederated Pro-
gressive Oil Corporation asking that
a receiver be appointed for the Para
mount Petroleum Company, Inc.
$1O,000,000 concern organized here
more than year ago,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
Cuba Cane Financing

While the bankers who are actively
engaged in working out q program that
will provide the Cuba Cane Sugar Cor
poration with funds to meet it's i'm
mediate requirements are reticent, it
was learned yesterday that progress is
being made. Efforts are being direct
ed toward arranging for q banking
credit Of $10,000,000. The clause in
the indenture securing the debenture
bonds which provides that the com
pany must not create any mortgage on
its plants or real property while the
debentures are outstanding has proven
an obstacle to the bankers who are
handling the situation. The arrange
rnent now under consideration for rails
ing the funds required will, it is said,
require the approval of the holders Of
the debentures.
Charles B. Seger, presiden. of the
United States Rubber Company, was
elected chairman Of the board OF di-
aectors, to succeed the late Colonel
Samuel p. Colt. at the meeting Of the
directors yesterday afternoon. Mr..
Sexei will continue to set as president
OF the company. No addition to the
board was made
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
Bid and Asked

Following are the closing bid and
asked quotations of stocks listed on the
Stock Exchange in which there were
no transactions yesterday:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02

Bank Clearings-Bank clearings at
New York yesterday were: Exchanges.
S72s,loo,0o0; balances, s52,2oo,o0o.
Silver-London, 37Nd; New York. do
mestic bar, 99Ac; foreign, 62hc; Mexi-
can dollars, .48c
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02

Rand Min 80. IS 27
Reading LIST pr 3S1s 39H
do ID pf.... 3s1a 39h
do LIST pr. "A GO
Rem Ty lst pr AZ 60
do I'd pr. :. 70
Rcnss d. Sara.l0l
Rep I Il s pf so Sc
st 10 Lead. IL Hex
st l. 81 s r pr 34k SO
Santa Gee Sug 2X 2N
Savage Arms j.. 10 IL
Seab AIR Line 51x Q
do pf ...... 8 91h
Sears -R,eb pr %
Slos-Sheff -. 331a BAY
do pf ...... 65 CT
IS 7 Il Sugar. 1914 81
do pf ...... so IS
Standard Mill 90 SO
do pf ...... 72 rs
STANDARD OIL. 100 1874
do pt .l06s< l07 ia
Steel Tube -. 70
Stern Bros pf.ll6H l21
Stakeholder VI. % SO
Superior Steel. % 80
DO M ...... % 96ix
Temtor d -. AZ IN
IL & p Id 1'r. $50 800
Tdewater Oii.ll0 $50
Tob Prod pr. So So
TStL&W cts. az lola
do pf cts. Is II
lrnnsue VIII. 30 "a
Nv City Il T So a.
90 pf ...... - IS
IUnd Typewrit. 10Y 1919
do pf. .l01 ll5H
Union Tank :. 90
do pr 49,. SO lo2
Tn Cigar st. 1923 200
do pf -. 90 104
In Ry 1nv,.. on s
do pr ...... l7H IS
III s G Up & = IL 10
do pf ...... 80 42A
~ s Mpress. 5iS g
10 s / Anc pf. rs 90
III s s d Ref. 81 20
do pr ...... IS 80
Utah Secur :. 81 eh
~ Raalte l pf - 79H
vs-Car Oh pf. 90 60
Wabash ...... IN tn
do pf B. -. IS Is
|Weh-Heil -. 10 IL
wv Maryland. o aN
do pf ...... l6h I7A
West Pac pr. 5sh GIG
w & L F. pf. Is II
Wilson Co -. 81 IS
do ps $50. 70
Wis Cent 80. rs 2s
Woolworth rf.107
w Pump pf A 10 II
do pf b. -. SAY 80
Wright Airpl.. AZ 81
aI@
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
Money and Credit

Call money ruled at 51a per cent
at the Stock Exchange yesterday. This
was also the renewal rate. The firmer
tendency is due to the first of the
month shifting of funds.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-02
Transactions Yesterday in Listed Stocks
Summary of Stock Exchange Dealings

tconyEsht. 1881 Nav York Tribune Inc,).
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1921-04-01
Embassy Issues Denial.

WASHINGTON. April 1.-The British
embassy, in a statement issued yesterday
afternoon. makes a categorical denial OF
the charges made in the report of the
American commission On conditions in
Ireland.
The statement issued by the embassy
says -
ditions in Ireland is entitled to exactly
the amount of weight which should be
given to any Judgment based entirely upon
the evidence of eX-parte statement put
forth for the most part by persons adj
mlttedly holding extreme views. 1t is
biased and wholly misleading both in its
general conclusions and in the statements
tit contains in matters Of detail. s-a
''Sinn Fem has established its position
by the terror of the revolver, which has
silenced the moderate opinion of the vast
majority of IriShmen. 1t desired TO claim
for the Irish republican army the status
of belligerents, ignoring the fact that the
members of the force constantly, indeed
invariably, violate the laws of war rs
recognized by every civilized community.
in a manner which according to the same
laws iustifies the penalty of death for all
offenders. Their methods are those of the
aSSaSsins.
There have been no indiscriminate
killings; men have been shot through fail
ing to halt when challenged by sentrics,
and innocent persons, including women
and children. have suffered death or
wounds in course of armed conflict re-
Sultlng from unprovoked attacks made by
Sim Feiners upon forces of the crown in
crowded streets. Apart from these and
similar inadvertent casualties. the record
of the crown forces is absolutely clear so
far As women and children are concerned"
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1921-04-01
WEST CHESTERFIELD.
A Tribute

1t seems fitting that one who has
known Alice Farr for many years should
pay a brief tribute to her memory
a tribute that can but feebly voice the
love and esteem in which she was held
by all.
Giving the best within herself to
whatever was for the moment her duty
or task, she was a true and loyal friend,
with high ideals. How Characteristic of
her that she sought out and helped in
their homes those less fortunate in
worldly goods! She gave herself so low
inglly and tirelessly to her chosen work
that she won the esteem and love of
all. Her life was an inspiration, while
she was radiant with hope and health
and strength
She dropped the shuttle, the loom
stood still, the weaver slept in the twi-
light grey: Dear Heart. YOU will weave
your beautiful web in The golden light
of a longer day.
AMELIA HOWE.
Newport, Y. H, March 80.
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1921-04-01
Card of Appreciation.

We wish to express our deep gratitude
to the many friends and neighbors for the
sympathy shown, and the kindness ex-
tended, during the illness and death Of
our loving husband and father and also
for the beautiful flowers sent. We espe-
cially wish to thank those who loaned
their automobiles and the brotherhood
Railroad Trainmen for their services.
Mrs. III, w. Hardy and family.
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1921-04-01

his religion. The Catholics were aware of
the Ulster pogroms. They suffered under
imperial British forces predominantly
Protestant in religion who did not spare
their priests, converts and churches, yet
they were guilty of no reprisals of any
sort upon their Protestant neighbors."
Pr0festants Favor Republic.
|. The alleged excuses of the British
forces in Ireland" the report said. "were
tending to dispose southern Protestants
favorably toward the republican govern
mcnt." Protestant business men. clergy
men and farmers were reported as resort
ing to Republican courts. The commits
sion stated that Miss Mary MacSwiney
and other witnesses had called to its at
tention that many of the patriot leaders
in Ireland's history were Protestant" 1t
was said that they further testified that
the Republican leaders included num-
Der of prominent Protestants. among them
Ernest Blythe of the Irish congress 1.-THE
Dali Eirrenl. Captain Robert Barton
and Erskin ChilderS.
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1921-04-01
GUILFORD CENTER.

Mrs A. +. Yeaw returned Tuesday
from a trip to Springfield and Greenfield
Mr. Seaman and children of Mineola
y. y, were at A. E. Yeaw's q few
days last week
The household goods of Mr.. Powers
who bought the Kent farm last fall
arrived Tuesday.
George Wilder was taken to the Ne
mortal hospital last Wednesday, where
he is in a serious condition, suffering
from a carbuncle
Hewey Thomas of Greenfield has been
at L. w. Legate's few days to visit
his daughter, Mrs. Eta Willis of West
minister, who is visiting there.
Clyde, young son of Mr. and Mrs. w.
G. Baker. broke the small bone in his
leg Just above the ankle Sunday while
Jumping from 4 waTuTi. ic fractured
lis arm last fall.
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1921-04-01
WILLIAMSyILIE.

Percy Knapp is fireman at Goodnow'
mill i'm Brookline
Both departments of the village school
win reopen Monday after four weeks
vacation.
Mrs c. f. Aldrich, Mrs. A. L. Timson,
Mrs Il. II. Willard and Mrs. j. w. Will
liams went Thursday to Vernon to attend
Pomona Grange.
f. L. Gaines is installing a 10-horse
power motor in his mill to run the sander
and lathes used in the manufacture Of
tool handles. etc. The Sherman Electric
Co. furnish the power
The Methodist church last Sunday was
prettily decorated with ported plants and
cut flowers. A short Easter program was
given by the children. special music by a
chorus of ladies' voices and short sermon
by the pastor. At the close of the service
one candidate was received into the church
on probation.
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1921-04-01

want IS power sewing machine operat-
tors. Light, easy work. Good wages
guaranteed. Bonus paid each week
Board and room in our own dormitory
under supervision of matron. If inter-
ested apply at once. Richmond Under
wear Co, Richmond, Vt. 17-2S
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1921-04-01

LOST-A silk watch fob with gold
college key, marked Colby and my
name. Reward to finder. Alfred H Evans,
So. Vernon, Mass. 2429*
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1921-04-01
SPECIAL NOTICES
EXPRESSING and jobblng. Tel. 66-1

HAIR GOODS-E. p. Bailey, POS
Barber Bldg. 1-tf
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1921-04-01
STOP!

at Miles Grocery or Coogan's Market
and get a can of those large, whole, lus-
CiOus tomatoes with that exclusive fla
vOr retained and you will excIaim,
RIGHT FROM THE VINES" and Mt
less than half the price of hot-house. A
limited number only, packed each sea-
son, but under most exacting and sani-
taTy conditions. In Hinsdale find these
at FuIler's or Hollands Grocery and
Meany's Market.
Insist on the Imprint.
w. n. DUNKLEE, South Vernon, VT
Evening star., 1921-11-13
$4,000 IN LIQUOR is DUMPED =. -.
INTO D. C. SEWER BY DRY AGENTS

them more numerically than any
Of the others. They constituted
the Illicit cargo Of an automobile
which was stopped by prohibition
men on Bladensburg road almost Q
year ago. and they were the funda-
mental cause for an assault and
the near death of Stephenson. His
face reddening. showed q faint
portion Of the white streaked scar
onshis forehead which is the only
reminder Of the wounds he re-
ceived in the fight. ,-' -.
Serious consideration. WAS being
given at the prohibition ONCE in
regard to warning Washingtonians
against eating fish caught in the
next few days. as a fish full of
some of the confiscated liquor is
generally acknowledged to be- q
dangerous plaything. No ofncial
decision, however. has been reach
ed on this point.
The majority Of the wet goods
was taken in raids by Detectives
Sweeney, Messer. Fowler, Rohn.
Wilson, Lowry. and number Of
others operating from various pre-
cincts. Virtually an entire ware
room IL cleared out and ready for
the reception OF new contested
, consignment Of illicit goods.
Evening star., 1921-11-13

Armed with a murderous hatchet,
Prohibition Chief Harold r. Ste
phenson yesterday conducted an
autopsy on the body Of John Bar
leyoorn in the basement OF the
prohibition department warehouse
at the rear Of 1880 F street, and
sent $50, 900 worth Of his life blood
swirling river-bound into the
sewers.
prohibition Agents Evans and
Rose were aids to the prohibition
coroner at the autopsy. Stephen
son. swung mean AK on forty
barrels Of wine. cider and. liquors
and drenched his shoes 80 badly
in the alcoholic mixtures that ne
was forced to change them in self
defense. before he could leave the
office for his home. He wore
large pair Of automobile gloves,
which perfected his arms. and a
pair Of goggles to prevent the al
cohol from splashing into his eyes.
There was whisky and gin. ia
maica ginger and wine. cider and
other items taken by the prohibi-
ton agents here during the early
reign Of prohibition. Stephenson
came to . certain collection Of
whisky bottles with a cold smile
lighting his face. He whacked
Evening star., 1921-11-13
b0RAH cO|MNENDS
Mr.. HUGHES ACTION
Withholding Comment on
Program, He Praises Pres.
entation Method.

ssRatsr Bsrah of faaxs, III, arst
proposed q limitation Of navar arma-
ment BY the United k4States, Great
ztitsth 4nd 55apAti alnasSt s ysst axo. 7
sspsakthg TO. Z Representative III The
star over the long distance ts1Sphone
frasn. New York last night, made the
following comment upon the proposal
OF Secretary Hughes to the conferences
on the Limitation Of armament:
Too much praise cannot be given
to Secretary Hughes for his imme-
diate and open presentation of a pro-
gram.
His program IL published to thu
world. and the fact that 1t is pub
lished is one Of the most notable
events in the whole history Of inter.
national relations.
AS to the program itself, having
just obtained possession Of II. I am
not IN q position to comment on It
But the manner in which he has gone
about tho business. Lam sure, win re-
ceive the unqualified commendatlon Of
the people Of the civilized world. 7
do not see how they can ever close
the doors again." -? : - - :
Senator Borah has been an ardent
advocate Of the fullest publicity in
connection with the conference on the
limitation Of armament. He will ad-
dress . meeting in New York tonikht
on the subject OF the limita ton Of
naval armament. 20"
Evening star., 1921-11-13
AMERICAS CARDS LAID ON TABLE,
WORLD AWAITS MOVES BY BRITAIN
AND JAPAN ON SCRAPPINC SHIPS
PREMIER BRAND PRAISES
CLEAR-CJT IT, S. PROPOSAL

Premier BRAND of France. commenting yesterday the
which the United States proposal for the limitation of
laid before the conference limitation
of armament. said:
I'VE could have begun the conference in two One would
appointed composed of who
would have from time time received proposals from
delegations that would have discussed amended expanded and
something would the plenary meeting
of the conference That would have taken great deal more time
e President Mr. Hughes have taken the better wathat
eeaut basis for decision and this
has been laid before perfect loyalty and complete frankns
await with much impatienee next Tuesdays meeting"
the British and Japanese delegations will be
able TO give their replies tuesday," he was asked
"Oh should think that will have replies from which
inference be drawn" he replied
what do think of the ef" NJ BRAND asked
study detail" replied the French
minister "and think should then the
cey considered before have given them fellow
delegates.
proceedings today NJ BRAND added did touch the
We have changed
that question: which is that must have security.
The President spoke nob expressing the ideaistc inspiration Of
conference while Mr. Hughes Immediately the practical
plan realizing the ideal" "a
Evening star., 1921-11-13
HUGHES PROPOSAL
PLEASES ITALIANS
Senator Schanzer Says No
Other Conference Began
(
With Such Courage. +

>1ha svleasure snd satisfactio1ts -
the .ItaliA1 }Aslesation to the limits.
sson Of armament contsrencs ut seq
retary HaGhes, 2iipsech was express.
ed yesterday by Senator schaaxsr,
head Of the delegation. ~ . statefnent
given to the Associated Press. HIS
statement follows: r.
mo other, conference was ever
started with so much courage. frank
ness and clearness. The. precision
with which Secretary Of State Hughes
outlined the American proposal on
the Limitation of naval armament IL
most wonderful. 4 will leave to the
experts of the, different countries, AND
especially ts those OF Great Britain.
America and Japan, which are most
directly interested, to express their
views on the main part, as well As
on the details Of what America has
proposed. On my part. however !
must manifest all my satisfaction Tor
the sincerity and observation-disclosures
with which America. laying the
cards on the table. has laid the aues-
ton of limitation Of naval arma-
ment, not only before the confer
ence. but before the public opinion
Of the entire world. This happy be-
ginning is a good omen for a happy
solution of the problem which the
Conference will have to discuss and
for a rapid dispatch OF its work."
Secretary Weeks yesterday visited
Senator's Schanzer and Albertini at
the headquarters Of the Italian dele
cation. Admiral Acton, Italian, ex-
pert on naval affairs. conferred with
Admiral de Bon, French naval ex-
pert, on the American proposals.