Perth Amboy evening news., 1922-04-18
Current Events
Discussion for Children that
VIII Appear Every Tuesday
In the Perth Amboy
Evening News
Tho Genoa Conference

Representatives OF every import
ant nation except the United states
are meeting today at Genoa. Italy.
They are trying to settle the worlds
money troubles.
This meeting is called the world
economic conference. 1t was PLAN
ned BY David Lloyd George. British
prime minister.
Thirty-four different nations have
sent delegates to the conference.
Three continents are represented.
Every European country. except
Turkey. 10 taking part in the meet
Ing.
Asia is represented by Japan and
RuAsia. Russia, of course. owns
Siberia, a great part of h Asiatic
continent.
America is represented only BY
Canada. The United States declined
an invitation to 60 to the Genoa
conference. believing that the mat
ters to be discussed there would not
be Of interest to the United States.
The conference opened Monday,
April 10. Prime Minister Facta OF
Italy IL the chairman.
The problems before this gather
ms are:
First, the matter of foreign ex-
change. Since the war the value OF
the money of European countries
has changed so much from day to
day that trade has become almost
impossible.
That is because European coun-
tries have spent more money than
they possessed and made up the diff
florence by printing worthless paper
money. This lowers the value of
the nations real money.
Another trouble has been na-
tional debts. European countries
went so heavily into debt during
BILE now even paying the interest.
Still another big commercial prob
lem IL the fact that Russia. which
formerly bought heavily from other
countries. now 10 buying nothing.
Russia is cut off from the rest OF
the world because other nations do
not like the Russian bolshevist gov
eminent.
A fourth problem is the disturb
apc caused by the German repara-
tions. The r~eparations are the bill
Germany must pay for destroying
the land, factories and ships Of other
countries during the war.
The Genoa conference hopes to
settle these four problems.
Genoa 10 a very old Italian city.
We, as Americans. are interested In
Genoa because Christopher Column.
bus was born there or near there.
The New Tariff
s A new tariff bill Is now before
tho United States senate. Tarih
means the levying of duty or taxes
IN goods that come here from for
eign countries.
This nav tariff bill places a high
duty on farm products. The object
of this 10 to protect American farm
ers against competition by farmers
in other countries.
You see, IL a farmer in Europe can
eat less and live cheaper than an
American farmer, he a produce a
bushel of wheat at a cheaper cost
and therefore sell it cheaper.
The tariff makers think II would
be unfair to the American farmer
to allow the European farmer to
send his wheat to America and un-
dersell the American farmer.
That would mean that the Ameri-
can farmer either would have to
sell his wheat at the same price as
the European farmer. thus losing
money or would have no market at
all for his wheat or other products.
The duty or tax iy supposed to BIO
high enough to force the European
farmer to sell his products at the
same price as the American farmer
or at a higher price,
Forest Protection Week
President Harding has asked the
governors of all states to set aside
the week Of April 1s-:2 as Forest
Protection Week.
During that week all Of US are x
pected to do everything we a to
save American woods and forests
which are disappearing rapidly.
We all know that not long ago
most of the country was covered
with dense woods. But because we
had 30 much wooded land. We took
no care of it.
Lumbermen cut down vast
stretches of timber without think
ing of planting more trees to re-
place them. Hunters and campers
have been careless with fire In
woods. and as a result. $20.0o0,000
worth Of timber Is destroyed by for
est fires every year.
You can help to stop this waste:
BY taking part In school exer-
cises devoted to forest saving.
BY being careful with fire when
you are on hikes and urging your
friends to do the same.
Helped Her Mother Wonderfully
In these days of "flu," coughs.
colds, Group and whooping cough. 1t
10 we'll to know that every year there
are used more bottles of Foley's
Honey and Tar than of any other
cough medicine. Mrs. s. l.. Hunt.
SIS w. 9Th street. Cincinnati. Ohio.
writes: "Foley's Honey and Tar re-
lieved me of a hacking cough. tickl-
ing in the throat. wheezing and pains
in the chest. 1t is helping ms moth