davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-02-12
Time to Recuperofc

The present situation requires for.
Deafance or France as the creditor
toward Germany as tho debtor in thc
interests of France herself. Anv WIS ;'.c =
banker, rather than precipitate bank-
ruptcy. will help tide a ear-bankrupt
over his period of trouble if the future
looks bright. Germany is now eco
nomlcaly ehausted, but, given time
to recuperate, she may again be AIS
prosperous rs ever. Never was u clearer
or more typical case of small present
income and large prospective income.
Germany is in the same economic situ-
alton that America was in while it was
undeveloped. We had then little present
income but great prospects. Germany
can only. pay and be made to pay out
or her 1uture abundance, not out Of
her present scarcity.
And for precisely the same reasons
that the Allies should give Germany
a moratorium, America should givc IN .
Allies moratorium. Moreover, Frances
pressure on Germany is partly due to
America = pressure on Franco. short
slgnted American policy may result in
bankrupting both nations, feeding the
growing fire of French militarism and
preclpitating another world war. Ger
tain it is that this problem of inter
national debt cannot safely be trifed
with. and, as Keynes has shown. this
is precisely what has been done by
the Allies
AS to how much Germany should paw
in the future, the abvious course seems
TO be, while Germany is given breath
ing spell, to make an expert scientific
revision Of the London schedule and
one which will not be again called into
question. This may and probably Will
mean drastic reduction, such as that
proposed by Keynes, amounting to
about two-sevcnths Of the present de-
mand Gall to go to France and Bel
GUM, the other nations rclinquishinc
their claims).
Moreover, when Germany does pav
the Allies must be willing to receive.
The reparations problem seems to be
passing through three stages, pointed
out by Mr.. Dulles, of the American del
cgatlon to the peace conference The
first question was How much does Ger
many owe? According to the mischief
she has wrought she certainly owes
more than she can pay. The second
question, therefore came up: How much
can Germany pay? Probably she can
ultlmatell pay moro than the Allies
will be willing to receive. Hence the
third question will come to the fore in
some form: How much are they willing
to receive?
A friend of mine has promulgated
tho idea Of boycotting German goods
forever. and also demands that Ger.
many shall pay to the uttermost farth-
New-York tribune., 1922-02-12

PROFESSOR o. ECONOMICS at ale
INirerstfY
"HE two facts which most
strike the new arrival in
Germany are that there are
fewer soldiers in the streets than
before The war, and that the mark
will buy less, though the dollar
will buy more. The mark is now
worth less than half n cent, as
against "a cents before the war;
that is. in exchanging American
money for German. one gets more
than 200 marks for dollar.
But the various ways of measuring
the value Of the mark differ very
widely. We may measure the change
change but also by the price of gold
and by the index numbers of whole
sale prices, or retail prices or wages.
These have all been affected in diff
ferent degrees though in the same
general way
While the purchasing power Of the
mark in foreign exchange is now less
than tiftieth of its prc-war par when
Germany and the rest of the world
were on a common gold standard its
power of purchasing in wholesale trade
at home is about n forticth and its
purchasing power in retail trade and
mouse rent, according to Prof. kuszyn-
skis calculations in Berlin, from one
sixteenth to one nineteenth according
as the calculation relates to the nee
81 Il
a family.) Finally. a mark will buy
roughly q tenth of the labor il would
buy before the war, judging the scanty
statistics available. That is. as com
pared with It's pre-war status, the mark
is now very roughly;
:. per cent in foreign exchange.
g per cent in wholesale trade.
> per cent in retail trade
10 per cent in the labor market
Thus the laborer gets ten times his
prc-war wages. but pays twenty times
as much for his living expenses 50 that
MS real wages are only half {he pre-
war wages. Imitation in Germany is
doing on a grand scale Just what infla-
ton always does, robbing one set Of
people for the benefit of another.
Those who lose arc those whose in
Genes are slow to change. l. e.. rea-
lively fixed liked in terms of marks
They comprise not only the wage earn
c., but, even more consp,cuously. the
middle classes, who had been living on
salaries or returns from bonds or other
"safe' investments. BY the irony Of
fate. so-called "hXcd' and "safe" in
comes have become the most unlixed
and unsafe in real purchasing power
The patriotic German who bought
German bonds in 1914 has nominallv
the same interest and principal due as
seven years ago, but in reality he has
lost more than 80 per cent of his in
vestmcnt, as has the owner Of other
bonds and mortgages. Salaries. it is
true. have been raised, but even less
SUFFICIENTLY than wages. The truth is
that the middle classes have been
almost wiped out in Germany. as also
In Austria and every other inflated
country. SO far as they exist they
have become the 'new poor Of Europe
But the clevcrcr among them have cs-
capped by changing their occupation to
laborer or shopkecper. In consequence
the quality Of school teaching and civil
service is detcriOrated
New-York tribune., 1922-02-12
Dcarih of Soldiers in
Streets and Striking DIFF
ference i'll Money Values
Features of New Germany
Traveller Finds Changes
Those Who Lose Are Ones
Whose Income Changes
Slowly, the Middle Classes
BY Irving Fisher

Professor Of Economics at lC
NtrerstfU
Perth Amboy evening news., 1922-03-08
AMB0Y GIRLS
PLAY R0SELLE
RoseIIe Team Lost One Game
in Twelve Played to
Date

The Perth Amboy High School
girls basketball team will be given
a real test this afternoon in a game
against the Roselle High School
girls team on the latters' court.
The Crimson and White representa-
tives have not been defeated in six
games played to date, and the Amboy
players recognized Middlesex county
champions, are out after the state
title.
Roselle, an old rival of Crimson
and White girls team, has played
twelve games this season, and the
Amboy outfit is the only credited
with scoring a victory over that team.
The Roselle players have practically
COPIED the Union county girls cham
pionship, and if Amboy annexes this
game, the championship of two coun-
ties can be claimed.
The Amboy girls have not played
in some time, but Miss Marion Burns
has had her players practising stead
lily in an effort to go through the sea-
son without a defeat. The game to-
day, two games with M~anasquan, two
games with Princeton and a return
game with Asbury Park remain on
the local schedule. Four of these
contests will be hard tussles for the
Amboy players.
1t is probable that the Amboy team
will take the court today with the
Misses Ethel David, Helen Schultz,
Z. Mckenzie, H. Nickenig, l.. Bjork
and Z. Bjork.
Perth Amboy evening news., 1922-03-08
JOHNSON NOT
ALLOWED TO BOX
PlainfieId Mayor Prevented
Boxing Exhibitions In Con-
necti0n With Revue

Jack Johnson. former heavy
weight champion, who gave a box
ing exhibition at the Majestic thea
tire Monday afternoon and evening
in connection with his revue, was
not permitted to stage any boxing
event at the matinee or evening
performances of his show at the
Plainfield theatre yesterday.
After Mayor Loizeaux had con-
ferred with the corporation counsel
he decided that such an exhibition
would be a violation of the state
law, as Johnson holds no permit
from the State Boxing Commission.
Johnson had announced that he
would box four rounds and meet
any or all local boxers.
The exhibitions were omitted and
Johnson simply gave a short talk in
which he expressed a wish to meet
Jack Dempsey. At the Majestic the
atre Johnson also expressed a desire
to meet the present champion. Joe
Honan, the local Fighting Waiter,
was one of the local boxers who met
Johnson at the local theatre.
The main purpose of Johnson's
tour of the country is to stir up in
terest In a bout with Dempsey. This
probably never will be arranged. He
has been prevented from boxing In
a majority OF the places his show
has appeared since the start of the
tour.
Perth Amboy evening news., 1922-03-08
PARISH HOUSE )
At So. AMbOY
Jr. Mechanics Have Wood
bridge Opposition for To-
morrow Night

SOUTH AMBOY, March S:-The
IParish House basketball team OF
Woodbridge, the combination which
bowed in defeat to the Junior Order
United American Mechanic basket
ball team in an extra period contest
On the high school court about two
months ago, has been booked to
furnish the opposition to the South
Amboy representatives in the game
scheduled for tomorrow night.
pairing for the deciding game OF
their series with the Perth Amboy
Y. NJ. Fl. A. which will be played at
the Perth Amboy Auditorium next
Tuesday night. and to give a good
exhibition of their present strength
they are DESTROYS of scoring a win
over the South Amboy team.
The Junior Mechanics are credit
ed with two victories over the Parish
House team this season. The Parish
House players were defeated by a
ore point margin on the old Parish
House court. The lineup of the
visiting team will be chosen from
Torch, Bill Martin, Irv Martin, De-
ter, Mesick and Sullivan.
The home team is expected to
take the court with James and Per-
kins, forwards; Furman, center, and
Scharff and Shinn, guards. In a
preliminary game the fourth contest
OF the series between the South AM
boy Independent Girls and the Rah-
way Y. NJ. C. A. will be played. The
Railway team is credited with two
wins to date.
Perth Amboy evening news., 1922-03-08
.DAMBACH ONE OF
BEST ATHLETES
Carries Of Honors in Compe-
tition Among Forces in
Germany

Private L. Ii. Dambach, Motor Re-
pair Section Zoe. American Forces in
Germany. a former local boy whose
parents now reside In Fords, COPIED
fourth place in a recently staged
event known rs the Best Yank Com
petition which was held I'm Coblenz.
This practically means that DAM
bach Is the fourth best athletic Yank
in Germany today. Private Oscar
Z. Paul. Company b. sth Infantry,
who halls from Fort Smith, Arkan-
sas. won first honors.
AT the start of this event each
battery. company or unit was eligible
to enter eight men, the best athletes
in their respective outfits. The first
contest on the program was a SWIM
ming test, and all men who made
the forty-two yard swim in forty
seconds we're eligible to compete in
the second event. From that con-
test on the number of contestants
entered was cut until after the final
event, four men remained and these
men were designated as the four best
American athletics in Germany.
The series of events I'm this COM
petition follow: Swimming forty-two
yards, cross country run about two
miles, Pentathlon consisting OF two
hundred yard dash. standing broad
jump, medicine ball put, standing
hop step and jump. and rope climb;
obstacle a swimming and anoth-
err Pentatholn consisting of one
hundred yard dash, pull ups. forty
yard, low hurdles, running high
jump and quarter mile potato rae
Dambach is the smallest of the
four men who carried off honors.
The Amaroc News published in Cob
LEM in commenting upon the out
come of the competition said: "In
pure and unadultered popularity
Dambach took the edge over. his OPP
pOnents. Up to the time he entered
the Best Yank Competition, the lit
tie Motorman was unknown in local
athletics. He was by far the small
est of the -four nen, but his pluck
and spirit measured up to the larg-
est"
Dambach is well known in this
section, and previous to his enlist
ment in the army he played al i'm
portant part in Boy Scout promotion
in this vicinity.
Perth Amboy evening news., 1922-03-08
Expect To Award R. c. W.
Field Lease This Week

Baseball teams in nearby towns
r rapidly being organized and
many local players are planning to
leave for the south. The organiza-
ton of the local representative has
been held up entirely because of the
failure of the association to hold
their regular meeting.
Although information regarding
the bids handed in to date has not
been given out, it is Understood that
Harry Chunk" Applegate, popular
local pitcher, is after the lease.
Joseph Mullen, manager of the To-
cal team. announced over a month
ago Chat he also was out for the
field this year.
Neither applicant, however, has
made any real attempt to gather
together a collection of tossers for
after this action has been taken
someone else might be given the
lease. Running games oil the local
field Sunday afternoon is a big
proposition and 1t will be neces-
sary for the person getting the lease
to spend some time in making ar
rangements for a strong team and
good attractions.
1t is hoped that the r. c. w. Ath-
letic Association will get together
on this matter at an early date and
award the lease to an applicant ca
pable of handling the big job that it
ia
Perth Amboy evening news., 1922-03-08
FORMAN WINS
FROM RAYMOND
Tie for Second Place is Brok-
en--Game Won by
One Pin
Standing in Y. NJ. G. A. Fivc.Man
Bowling League

The tie for second place existing
between The teams of Forman and
Raymond was broken last night
when Forman's combination won
two and almost three games from
Raymond. The first game was won
by a margin OF 1856 pins with For
nan on the upper end of the score.
Golden, anchor man for Forman,
made the high score in this game,
a/227. In the second game Golden
again hit a double century score,
cit, but his team lost out by one
pin. In the deciding game Ray
nond's men lost by fifty-five pins a
1S9 by Raymond being high score.
Capt. Forman was not in the game,
a blind score being used In his abb
sence while Raymond had two men
missing and was forced to use two
blinds.
Golden's average of POI for the
three games was high. Raymond
averaged high for his team with
III.
Tho scores.
Perth Amboy evening news., 1922-03-08
AMb0Y bills"
At PATERSON
Roll Leading State Bowling
Team Tomorrow
Night

Their fourth berth position at
stake, the Perth Amboy Bills" win
be forced to travel at a fast clip
in a three game match against the
leading Paterson outfit on the Pat
erson alleys tomorrow night. The
Paterson team is leading the Elks
State League by a three game mar
gin.
If Amboy makes a favorable
showing against this team there is a
real chance for the locals to finish
in one of the first three positions.
.Hoboken has a slight lead on AM
boy. but tomorrow night this combi-
nation will roll against the Ruther-
ford team. Rutherford last week
defeated P~assaic. and another sur
prise may be sprung tomorrow night
Passaic is three ganies behind the
Paterson team, and tomorrow night
the first mentioned outfit will roll
Railway on the Passaic alleys.
Other games scheduled for tomor-
row night, Plainfield at Jersey City.
Union Hill at Elizabeth and New
ark at Bayonne.
Amboy has three matches in a
row at home after tomorrow nights
set. The last match on the schedule
for Amboy is with the Railway
team on the Railway alleys.
Perth Amboy evening news., 1922-03-08
TRENTON TEAM
VS.. Y NJ H. A.
-
Association Teams Will Clash
Here Tomorrow
Night

The Trenton Y. NJ. H. A. bas-
ketball team is the opposition book
ed for the local Y. M. H. A. quin-
tet for the weekly game on the local
association court tomorrow night.
The Trenton outfit defeated the
Perth Amboy team In the Central
Jersey association championship
fight last season and Amboy is out
TO avenge this defeat.
The Jersey City association team
took the measure of the Trenton
team in a contest which decided the
Y. NJ, H. A.. championship of New
Jersey last year. The Y. M. H. A.
team representing the capital, has
been going better than ever this
season and nee again the cham
pionship goal is aimed at by the
Trenton outfit.
Last season the Trenton, Perth
Amboy, New Brunswick and Plain
field association teams were entered
in a circuit known as the Central
Jersey Association League. 1t was
necessary to range for a playOff
etween Perth Amboy and Trenton
10 decide the championship, and the
New brunswick armory was chosen.
Trenton won this game, the cham
! pionship of the district and the right
TO meet Jersey City.
The local representatives are de-
sirous Of coping this contest and
at the. same time get a good work
ont in preparation for the deciding
gan,a of their series with the Parish
Housa outfit of Woodbridge which
will be staged on the Perth Amboy
Auditorium court next TUESDAY
night.
Perth Amboy evening news., 1922-03-08
Starting Greys Play
SpeedWays Saturday

The Startling Greys, one OF New
Yorks heavy professional basket
ball teams, the combination which
played the New York Separates in
a benefit game at Hunts Point Pal
ace last night. has been booked to
play the Perth Amboy Speedways
on the Auditorium court in this city
OF Saturday night. This is the
strongest team booked to play in
this city during the present season.
The benefit game last night a
for the families of Detective Jim
Buckley and Patrolman Motz. who
were slain by Luther Boldly, the
Harlem negro slayer. Boldly, it will
be remembered, gave the police of
New York, New Jersey and PENN
sylvania an interesting chase before
finally being captured in P~ennsylva-
mia. Buckley and MotZ were both
basketball enthusiasts.
The National Turner's of Newark
who defeated the Speedways on the
local court several weeks ago, were
defeated by the New York Whirl-
winds on the Newark court a short
time ago by a twenty point margin.
The Startling Greys after the game
in Newark defeated the New York
Whirlwinds by a five point margin.
Judging from the record of the
Startling Grey team to date, the
Speedways should be given a real
tussle and perhaps a drubbing when
Perth Amboy evening news., 1922-03-08
NEXT BOROUGH
GAME SUNDAY
Roosevelt Separates Are Idle
Tomorrow Carroll Fight
ing Here

Because of the fact that Johnny
Carroll, popular Roosevelt battler. is
scheduled TO fight at the athletic
tournament being staged by st.
Mary's Athletic Club in the Audi
torium here tomorrow night. the reg
ular Thursday night contest of the
Roosevelt Separate basketball team
has been cancelled. A big crowd
of Carroll's followers will come TO
this city to witness the bout.
On Sunday night of this week the
expect to annex their ninth
straight win at the expense of the
Bayonne Whirlwinds. The Whirl-
winds will have Jerry Noon, who per-
formed with David Hank" Thomas
on the Greenville team in the New
Jersey state league; Harold Lys-
chact. Jimmy Donovan, Pete Noon
and Sol Weisoly. This combination
recently gave the National Turner's
of Newark a real tussle.
II the Whirlwinds are u~nsuccess-
full in taking the of the
Roosevelt team. it will be a hard
job trying to find a team capable OF
taking the measure of the borough
representatives. The Perth Amboy
Dry Docks, Railway C~ollegians. the
County Stars, Parish House, Ster-
lings, Bayonne Y. NJ. H. A., All Col
legians' of Newark, and the Beauvais
Post team Of Tottenville, have bow
ed to the Separates in the order
named.
Pete Hansen, Ed Regain, Freddy
Glochau, Chip" Gutter and "1f'
Hubbard make up the roster of the
Roosevelt team. :
Perth Amboy evening news., 1922-03-08

A decision may be reached before
the end of this week regarding the
award Of the lease for the Raritan
Copper Works baseball field for
the coming season. This announce
ment was made yesterday by George
T.. Fulton. president of the Rari-
tar Copper Works Athletic Asso-
citation.
The annual meeting Of the asso-
sciation usually held in January or
February has been held up this year
according to the president, by fall
ure of the treasurer to complete his
financial report for 1921 and the
meeting will not be held until this
report is completed.
After the election of officers, it is
likely that the bids handed in will
be given the attention Of the asso-
citation officers. 1t will be necessary
for some speeding up on the part
of the person receiving the lease,
in order to have a strong repre-
sentative team organized and plans
made for the opening attraction.
Many of the leading representa-
tive baseball teams are planning to
pen this season the first Sunday in
April, and if the Amboy team ex-
poets to open on this date it will be
necessary to do some rapid prepar-
ing only twenty-four days are left
fer this work.
Perth Amboy evening news., 1922-03-08
bAKEL|TES WIN
PLANT LEAGUE
Final Standing in Industrial VOlley
Ball League

The General Bakelite volley ball
team won the city industrial cham
pionship at the Y. NJ. C. A. last night
without playing a game, they win
ming two matches by forfeit while
the Standard Underground Cable
team. which needed two wins to tie
them, lost in two straight games to
the u. S. Cartridge team.
The industrial league was
brought to a close last night, one
week ahead of schedule in order that
the new city volley .ball league
might start on Tuesday night of next
week. Two matches we're actually
played, the others being won by for
felt. The cable works team lost two
straight games by scores of 15-11 and
1913 to the U. S. Cartridge combi-
nation and the Atlantic Terra Gotta
men turned the tables on the Cart
ridge combination winning 1873, los
ing 9-15 and winning 1913.
This is the first year that an In
dustrial volley ball league has been
started and the results have been
encouraging. Owing to the fact that
some of the teams were composed
of men who had never before played
the game while others, such as the
Perth Amboy evening news., 1922-03-08
BRANCH TEAM TO PLAY
MATAWAN BIG FIVE FRIDAY

The biggest game of the season
for the basketball fans of Matawan
and vicinity is scheduled to be play
ed on Geran's hall court. Matawan,
Friday night. The Long Branch
representative quintet under the
leadership of Joe Pingitore will fur
nish opposition. The Long Branch
team will line up with Beady, Tom
ain. Leather, Heiles and Pingitore.
The Matawan representative out
fit is expected to line up with Tas-
SIM, A. Lyle, w. Lyle, Leary. Craig
and Fury. The game is scheduled
to start at 9:15 o'clock, and there
will be dancing in connection with
this contest. The Matawan team
has not played many games this
season, but it has been a general
practice to play a team from Long
Branch each year before ringing
down the final curtain.
Perth Amboy evening news., 1922-03-08

n team with a record like the Speed
ways, is defeated by a ten point mar
gin on its home court, it is easy to
Judge the class of the opposing team.
The National Turner outfit is con-
sidered one of the leading teams in
this state. and the Newark outfit
defeated the Speedways by ten
points.
The Starting Greys have three six
footers on their roster, and.this as
set should be a great advantage in
the game against the Speedways.
Many local fam have seen this team
in action on different occasions. The
game this Saturday night is expected
to be the fastest of the season..
With David Hank" Thomas, crack
New York state tosser, jumping CEN
ter and directing the play of the To-
cal team. local fans can depend on
witnessing a real exhibition. Thomas
played great ball in his first game on
the Auditorium court this season,
last Saturday night.
Perth Amboy evening news., 1922-03-08

Charley Pitts. Nate Siegel. JOHNNY
Grifiths. Soldier Bartfield and
George Ward.
Walker was born in Elizabeth. an.
will be t~wepty-one years old Jrly
-, next. other boxers who arc
scheduled to take part in the show
tomorrow night. are, AL Roberts, Joe
Lewis, Harry Mason, Ray Jensen
Johnny Carroll. Willy Curry. Youns
Rector, frankie Nelson, frankie
Burns, Charley Brooks, Mike Maize
Jay L%anahan, Sturdy O'Leary and
Frank Covell.
The principals in the wrestling
events will be; Young Monday
Dutch Rogers, Joe Sid, Young Bud
so, Mike Boutsaras and Martin
Rock. The Police Quartette Of Jer-
sey City, Johnny Casey, Herbert
O'Callahan. Eugene Bird and Free
Jensen occupy positions on the
vaudeville section Of the program
for this show.