davidaulloa/AmericanStories huggingface dataset:
New Britain herald., 1922-07-06

Our Lady of Mercy of Plainvile would like to arrange games with any team in this city, averaging l , tc IS years of age. P. F. Duffy, the manager can be reached at telephone 72-4, Plainville.
 A record breaking crowd is expect ed to be out next Sunday afternoon to watch Pete Wilson perform on the mound for the American Chain com pany team of Bridgeport, against the Kaceys.
 Ed (Strangler) Lewis, world cham pion wrestling champion, has again thrown down the gauntlet to Jack Dempsey for a mixed bout The latest challenge was sent out from Wichita, Kansas, by radio.
 Bridgeport promoters are at work on battle between Johnny Shugrue of Waterbury, and Kid" Kaplan of Meriden.
 Owner George Weiss of the New Haven Profs has signed St. Angelo, formerly of the Fitchburg team. He will fill in the right field position, left vacant by the assertion of Nutter.
 The entries for the United States open golf championship closed last night. The tourney will be held on the Skokie club links, at Glencoe, Illinois, and list of 2ss players have entered, setting new record for en- trants.
New Britain herald., 1922-07-06
BASEBALL EXCITING
 FOR THE HUNGARIANS
Two Teams From the American oCn- Two Teams From the American Con-
  sulates Show Natives of That Country Our National PastiIne

Budapest July 6,-Hungary wit messed the first baseball game today ever played in this country when a team from the American Legation and consulate here, explained by Con- sul Vaughn. lost a Fourth of July game to a similar team from Bel grade explained by Consul Patton. by score of % 10 l.
 The Budapest team had as mascot goat painted red, white and blue, while the Belgrade team had two camels serving in similar capacity.
 The American minister, Theodore Brentano, pitched the first ball. A great crowd attended, but the Hun Garian sporting writers were of the opinion that the game was too ex- citing for the Hungarian tempera- ment and declared that Magyar teams would be sure to leave too many dead on the diamond.
New Britain herald., 1922-07-06
soCoNY OIL CONCESSION
Monopoly of Sales Granted Through. out Anatolia by Turkish Government.

Constantinople, July 6.-The Tev- hid. a Turkish newspaper, today re- ports that the Standard Oil Company of New York has been granted con. cession, giving it a monopoly on the sale of oil throughout Anatolia.
 The paper also says Miller Joblin an officer Of the company, who re- turned from Angora Tuesday. obtained from the Turkish Nationalist govern ment concession for the erection of tanks in various parts of Anatolia It is asserted that a substantial ad- vance payment on the concession was promised to the Angora government.
New Britain herald., 1922-07-06
DEPENDS ON MONEY
French Davis Cup Team Will Decide on Coming to America, When Mat ter of Receipts is Settled.

Vim bledon, July 6.-Whether the French Davis cup team will go to the United States for it's tie with the Australians seems to hang on the question of how the receipts from the matches are to be divided.
 It is understood the American ten- his authorities have asked a one. third share but under this arrange ment the Frenchmen believe they will not receive sufficient funds to finance their trip.
 The Scarborough club which staged the Australian Belgian matches, de- clined to take more than ten per cent of the receipts or just about enough to cover expenses.
New Britain herald., 1922-07-06
ILEO DIEGEL SETS
 NEW COURSE RECORD
New Orleans Golfer Turns in a
 66 Score at Chicago

Chicago. July 6. (By Associated Press) With a course record of 6s set in practice by Leo Diesel of New Orleans to shoot at, contestants en- tered into the record field Of 2ss for the national open golf championship began to whirl around the Skokie course today preparing for the arst section of the three elimination rounds that starts on Monday.
 The weather thus far has been ideal, warm enough to Timber the muscles and yet not 80 hot that 1t enervates the players Diegels reg ord performance of beating par 70 by four strokes proved that while the course is fast the greens are soft enough to hold we'll pitched shots perfectly.
New Britain herald., 1922-07-06
YALE WANTS A NEW
 BASKETBALL MENTOR
Negotiations Are Opened With Joe FOgarty, Coach At the University
 of Pennsylvania

Now Haven, July 6.-Yale has opened negotiations with Joe Fogarty University Of Pennsylvania basketball coach. to direct the Ell court game next season. Yale's team was coach ed by Bernie Tommsrs and Orson Kinney, professional graduate stars, last year, It failed to win game on its western trip. Yale alumni have been indignant at the hve's poor show ins, some sending heated letters to the Athletic committee demanding that the game be abolished at Yale if more imposing playing outfit could not be put on the floor. Fo- garty is expected to rehabilitate the game at Yale.
New Britain herald., 1922-07-06
ANTI-BEITING BILL DIES.
Louisiana Senate Fails to Act in Time
 on Tobin Measure.

Baton Rouge, La, July 6.--The bill known as the Tobin nfasure to pro- hibit handbook gambling on horse races outside race track enclosuSes. passed by the Louisiana House of Re representatives Monday night, was killed by the Senate last night when that body failed to give it a first read ing, opponents of the measure de- clared. Under the provision of the Constitution, bill must be read in each branch of the Legislature on three different days As only two days of the present session remain. Sena- tors opposing the bill stated the meas ure met it's death when the Senate failed to take it up at last nights ses- sion
New Britain herald., 1922-07-06
HORNSbY HITS HIS
 TWENTIETH HOMER
Cards Star Ties Ken Williams at
 Circuit Clouting

St. Louis, July 6, The Cardinals batted Markle hard in the second and third innings in which they scored 10 runs and defeated Cincinnati Il to 4, in the final game of the series.
 Rogers Hornsby hit his goth home run of the season in the eighth in ming. tying Kenneth Williams of the local Americans, for tho 1922 major league lead Clyde Ba-Soot, Texas league recruit, pitching his first fun game for the Cardinals, he.1 the Reds to seven hits, Score:
New Britain herald., 1922-07-06
DETROIT WINS IN
 OVERTIME BATTLE
Error and Triple in Eleventh
 Inning Decides Issue

Detroit, July 6,-stephenson's er- TOT and Blues triple after two were out in the l1th inning, gave Detroit the nnal game of the Cleveland series yesterday, Detroit was outhit, but obtained blows timely. Speaker hit home run in the first inning, Score;
 ClENEI
New Britain herald., 1922-07-06
co1.EERs SAIL FOR U. S.

Southampton, England, July o.- Alexander (Sandy) Herd and J. Il, rawlor. veteran British golf profes- sionals, sailed yesterday on the olsin- : pic for New York for three-montns Exhibition tour in America. They Will not arrive in America in time to com pete in the open championship which herins next Monday.
New Britain herald., 1922-07-06
PITTSBURGH
sBatted for Jonnard in 1th.
 n&4ad fnr Ha nilfOn in Ith

sBatted for Jonnard III 'tH
 xBatted for Hamilton in 7th
 xBatted fsr Holingsworth in 9th. fh{ra TO ,...............s lou wy Sn.er 900 o20 0o3- 5
 TWO base hits, Maranville, Carey Grimes :; @hree base hits, Holocher krug; stolen hases. Friberg, Barber o'Farrell sacrifices Ho,locher Carey, O'Farrell' double plays, T.rrv Hollocher and Grimes; Hollocher ana r..a.. left on bases, Chicago II, Pltts- Sur1h :; base on balls, off Jones 4 off Carl. or Hamilton 1, off Holingsworth 7; struck out, by Jones l, by Carlson l. : pg Hamilton g. by Hollingsworth 7, i,so ms ot- r.ri.on S in 2-3 innings, off Hamilton ,r 1.a innings, off Holingsworth in 2 ,n,;n,s. hit by pitcher, by Carlson tstatz) : winning pitcher Jones losing pieeree t,res Carlson; umpires, Hart and opayi tlffie' 4:0z
New Britain herald., 1922-07-06
Chicago ii, Pittsburgh 5.

Pittsburgh. July 6. = The Chicago Cubs defeated the Pirates 1 1 to yes tArday, finding Pitchers Carlson and Hamilton for 13 hits in seven innings. Jones got along nicely for the Cubs except in the fifth when the Pirates scored twice and in the ninth when . belated rally brought three runs. Score.
New Britain herald., 1922-07-06
1T s DETROIT

CleNelanh ...'-.'''.'s llu U-U uVV i'----o
 Two base hits. Cobb 2, Veach MoInnis, Heilmann ~three base hits, Jones, sewell Blue home run. Speaker stolen bases, sewell, Stephenson, Rigney; sacrifices Mc- Innis, Jones, double plays Jones, Clark and Blue, rhle, Sewel and McInnis; left on bases Detroit B. Cleveland 10; bases on balls, of Pilette 2. off Ehrnke 3, of Uhle 2; hits, of Pillette ? in innings. of Ehn1ke in ? innings; hit by pitcher, by Pillette (Wood); winning pitcher, Ehmke struck out, by Pilette l, by Ehmke l, by Uhle 1 umpires Chill and Connolly; time, l2:3o.
New Britain herald., 1922-07-06
AUGUSTA BUYS CATCHER.

Augusta, Ga, July 6.-Wade Lefler, catcher, has been purchased by the Augusta South Atlantic Association club from the Newark team of the International Association, it was an- nounced here yesterday
New Britain herald., 1922-07-06
INTERNATIONAL LEAGUE.
CREDIT FOR WOMAN
Mrs. l.. T. Cooper Objected To Hus- band Selling Horse Last Winter Animal Won Race on Tuesday.

Cleveland, July 6.-Credit for the victory of Charles Sweet in the Ed wards sweepstakes, one of North Randalls oldest Grand Circuit fixtures belongs to Mrs. L. T. Cooper, wife of Dr. L. T. Cooper of Dayton in whose name the horse was entered.
 Last winter pr. Cooper decided the gelding had outlived his usefulness Ae a Grand Circuit pacer and arranged to sell him. Mrs. Cooper objected, whereupon her husband gave her the horse.
New Britain herald., 1922-07-06
JOHNSON SIGNS NEW UMPIRE.

Memphis, Tenn, July s.-"Bill" Guthrie, Southern Association um- pire, has been released to the Amer ican league, John L. Martin. president of the Southern Association, an- nounced yesterday Guthrie came here last spring from the Western league.
New Britain herald., 1922-07-06
ON THE FIRST BOUND
WITH CLERKIN

|
 A 12-round battle between two great little men, is on tap at Ebbets Field Brooklyn, tonight, when John ny Dundee, the junior lightweight champion, will meet Jack Sharkey. The latter has been displaying some of his old-time form Of late, and will no doubt give the Scotch Wop hard battle
 Now that Benny Leonard has sat- isfed his friends that he is still a great lightweight, he will get down to work for the coming battle with Lew Tender at Boyle's Thirty Acres at Jersey City, on July 27. It will be no-decision affair, and in order to cop the title, Tendler must kayo Benny, or win on foul | If Jack Britton, who defeated Benny Leonard last week accepts the challenge of Ted Kid" Lewis for an- other match all he will have to do is to be in the same condition he was when he defeated Leonard, and it will be good night" to Lewis ambitions, for annexing the welterweight title.
 Benny Leonard received s25,000 and Rocky Kansas $50 as their share for the bout at Michigan City, Ind, on July 4.
 A press despatch from Hungary states that natives of that country think baseball too exciting. An ex- hibition put up by some of the East ern league teams would no doubt change the Hungarians view of the sport.
 Yale is evidently determined to get back into the limelight in basketball, with the opening Of negotiations for the services of Joe Fogarty, the Penn. mentor During the past few seasons the Blue has made dismal showing in the court sport.
 Hughie Hutchison will take Earl Baird's place in the bout with Jimmy Cooney at Ocean Park, Long Island, tonight.
 Arnold Statz, the Cubs clever cen- terfelder, suffered fracture of the right wrist yesterday at Pittsburgh One of Carlson's fast ones hit him, and as a result he will be out of the game for about two weeks.
 Kenneth Williams, the slugging outfielder of the St. Louis Browns, has purchased two special bats from New Haven firm. The clubs weigh A ounces apiece.
 It begins to look as though Mrs. Molla .Bjurstedt Mallory, the Amer ican champion, and Mile Lenglen, the French star, will meet in the tennis tourney at Wimbledon, England.
 The American Chain company team, with Pete Wilson on the mound, 1 blanked the Torrington team at the latter town on last Tuesday afternoon
 The kaceys will meet this evening at St. Mary's field for practice.
 The University of Michigan is hard hit by the graduation Of large num- Der of star athletes this summer Eleven members of the track team, six grid men and two speedy bas- ketball players, were among the class getting degrees at the recent gradu- ation.
 The American association pennant was raised yesterday at Louisville, Ky.
 Charles Toth of Boston Mass, will sail shortly for England, where he will make an attempt to swim the English channel.
 Three candidates for the Western Reserve University of Cleveland, O., are getting into condition for the com ing season by driving all ice wagon this summer. They have got noth- ing on Slim" Poltis. the Nutmegs star lineman, who has been similarly engaged for the past few weeks.
 The baseball team of the church of
New Britain herald., 1922-07-06
INTERNATIONAL LEAGUE

Results Yesterday. Baltimore 3, Reading O. Syracuse 8, Toronto ?. Buffalo ', Rochester 1, (11 innings) Newark Jersey City, rain
New Britain herald., 1922-07-06
Standing of the Clubs

Games Today Brooklyn at St. Louis. New York at Pittsburgh. Only two games scheduled.
New Britain herald., 1922-07-06
Standing of the Clubs.

Games Today Cleveland at New York, (2). St. Louis at Boston. Chicago at Philadelphia. Only three games scheduled.
New Britain herald., 1922-07-06
ST. LOUIS

Two base hits, Duncan. Flack ?, Pinell. Narkle; sacrifices, Flack. Burns; double plays DAubert to Kimmick toN Dauhert; Kirmick and Daubert; left on bases, Cin- cinnati 1, St. Louis $; bases on balls, on Narlle S; struck out by Bartoot ?, by Narkle 2: hit by pitcher, by Barfoot (Pin- silD; umpires, Klem and Phrman; time, f:SA.
New Britain herald., 1922-07-06
Standing Of the Clubs

Games Today Pittsfield at Hartford CD. Bridgeport at Fitchburg. New Haven at Albany. Waterbury at Springfield.
New Britain herald., 1922-07-06
HOOVER WINS
American Champion Captures First Heat in the Diamond Sculling Event of Royal Henley.

Henley on Thames. England, July 6-(By Associated Press. )-Walter M Hoover of the Duluth boat club to- day won his first heat in the diamond challenge sculls of the Royal Henley Regatta, defeating R. J. c. Tweed of Cambridge university, byaa length and half His time was ten minutes Al seconds
New Britain herald., 1922-07-06

The white fur with black tipped tail known as "ermine" comes from the mountain weasel.
New Britain herald., 1922-07-06
Standing of the Clubs

Games Today Toronto at Syracuse. Buffalo at Rochester. Jersey City at Newark. Reading at Baltimore.
New Britain herald., 1922-07-06
 
Baseball ir Brief
NATIONAL LEAGUE
Results Yesterday

ANcsu1ts cstcruhy Chicago II, Pittsburgh s. St, Louis II, Cincinnati {. other games postponed, rain.
New Britain herald., 1922-07-06
AMERICAN LEAGUE

Results Yesterday. Detroits6. Cleveland 5. H1 innings,
New Britain herald., 1922-07-06
EASTERN LEAGUE

Results Yesterday. Albany 3, Pittsfield ?. Other games postponed, rain.
New Britain herald., 1922-07-06
ONLY FIVE ENTRIES
An Unusually Small Field Scheduled To Face the Barrier in Dwyer Stake At Aqueduct Today.

New York, July 6.-Five starters, an unusually small neld have been named for the historic Dwyer stakes, for three-year- odds at a mile and a furlong to be run at the Aqueduct track today. Most of the leading con- tenders for the three-year-old cham pionship including Whiskaway and Norwich were not entered.
New Britain herald., 1922-07-06

The baseball team of the church of
Evening star., 1922-01-06
Shirts at s2.65

Handmade Bl0uses, 1926
Another Exceptional Value
Strictly styles 6nc batistc and
voemore than charming with their dainty hand
oidcred dots double hcmstichingand the
edges of with which of them trimmed
although the price very low-you will find that the
quality will far exceed expectations
Houses Section floor
Evening star., 1922-01-06
Wotnen's Wool Sports Hose
At Greatly Reduced Prices

Jacquard Checked Wool Hose colorings Reduced
S pair :
Jacquard Woven Wool Boots contrasted coorings Re-
duced s. pair.
Fancy Vertical Striped Wool Hose and fawn mixtures.
Reduced to s. pair
Derby Ribbed Luster Wool Hose, in two-tone effects
Reduced to $2.z5 pair.
to s. pair
Smart Vertical Striped Worsted Hose, in striking color
combinations. Reduced to S pair.
Women Hosiery ection
Evening star., 1922-01-06
Japanese Cotton Crepe Kimonos
Specially Priced, $I.95

Most every woman knows how useful and serv-
iceable these kimonos of Japanese crepe are
and will be glad of the opportunity to pur-
chase one now at this low price They are beau
tifully embroidered by hand, in morning glories,
cherry blossoms and other flowers. and you may
select from these colors-light pink. blue. law
ender and copen.
Eimono Section, Third floor
Evening star., 1922-01-06
Spangled Tunics
Special, SIS

A very low price for these
very fashionable spangled
tunics, and one that women
will be glad to take advan-
tage Of. All black tunics. also
black with sapphire. green
or american beauty. Just 4
small collection. :
Lace Section. First fioer.
Evening star., 1922-01-06

Coughs Do Not Hang ON
When you take Father Johns Medf-
cine. Soothes and heals the breathing
passages. No drugs.-Advertisem
Evening star., 1922-01-06
Exceptional Savings in the Clearance Sale
Women$ High Shoes; $3.50 pair
Pumps and Oxtords; '6.z5 pair

shoes
eIt theirac actual
with Iauts,C Cuban ando heels pair.
walking military
Women sao Section
Evening star., 1922-01-06
Girls Philippine Lingerie
Excellent Values, $2.95

A particularly attractive assortment is offered
in this selling for girs-gowns, envelope chemise
and combinations. in a variety of pretty styles,
exqusitely embroidered, scalloped and hand
drawn in the daintiest of designs. At the low
price mothers should buy what will be needed
for the future, for values such as these do not
come often.
Girls Section Fourth noor.
Evening star., 1922-01-06
Delicious
Milk Chocolates
Special. Csc pOund

In good assortment Of fruit
craams. peanut clusters. covered
fruit cake. caramels, marshmal-
lows and mints.
Candy Section, First door.
Evening star., 1922-01-06
AnotI,er Exceptional Value
Diana Contections
Special, 55c Jar

These pure fruit-stuffed confec-
tions are packed in glass jars.
which assure you that they are
always fresh and clean-about 8
ounces net weight
Evening star., 1922-01-06
Boys and Girls
Euening Footwear

boys Fdtent Leather Pumps,
round toe, tailored bow at the
throat, low heels and flexible
turn soles. Sizes l to E. S. pr.
Growing Girls One-strap Patent
Leather Pumps, with low heels
and turn soles. Sizes 2a to 7.
Priced, 81 pair.
Growing Girls White Kid
Pumps, smart two strapped
models, with low heels and turn
soles. Sizes IA to 7. Priced,
8 pair.
Juvenile Shoe Section. Fourth floor.
Evening star., 1922-01-06
Clearance Prices on
All BOYS Suits
Close 6 PM.

This clearance affords splendid investment i'll Boys Clothes
Your does have to need suit at this time III oroer
for YOU to see the wisdom of purchasing The savings
are SO appealing that should be considered
Blue Serge and Worsted Suits
Are Reduced, $IO.75, $I2.75, $I5.75, $I9.75
Won will understand this unusual opporunity-better
because Blue Suits included in clearance sale
All the different Norfolk and belted models.
Suits of mixtures paids the reduced
Junior Boys Orercoats sizes to 10 years. reduced
to slO.75 Sl2.75, S75.75 and SI9.75.
Bows Ouercoats, sizes II to Is years, reduced to
SI6.75 and S23.75.
Section. Fourth
Evening star., 1922-08-20

handsome in appearance as the old Colonial
wood beds. Finished in ma ~ -.
hogany or walnut. Durable. Xs)A.5u
comfortable. In all the regu- TAV
lar sizes. August Sale price.
Evening star., 1922-08-20
0ladys Be Sure and Lee Hal. J. w
Walker. Elizabeth City. N. c.
Events for Thursday.

walker. Elizabeth city. n. {.
Events for Thursday.
Thursday. August "a: 2:25 trot:
purse. $3o0-Peter Belwin. e. q. Gil.
more, Albany. Ga; Ralph BaGlsy. ".
L. Clark, Sunolk. Va: Marie, Thomas
G. Keys, Rockville, Nd: Pretonta
A1xwosthy; W. r; Deugherty. SUFFOLK.
insten: D; e; Petition. william Ws1.,
Lsida, B. P. Dougherty. washington.
y. G.; Bonnie Setter, Eddie King.
Washington. d. c.: North Bell and
Joker Girl. w. e. Miller. Washington.
D. c.; Proxy Knight. Ohio Horse and
Mule Company, Wilson, N. c.; Leah
A, and Belina. w. E. Foster. Suf-
folk, Va.
s2s pace: purse. >,aoo-Belie, Street.
Horner Penn, Suffolk, Va: Arlington
Square. Harry McHenry, Hagerstown,
Nd: Grace d. and Bell Clifford, w. E.
Miller. Washington. D. c.; Jimmy B.
and Joe Frank. Ohio Horse and Mule
Company. Wilson. N. c.: Bubbles. r.
J: Shirley. Heathesville. Va: Unadilla
Bell, E: G: Gilmore. Albany. Va; Miss
keiy, y. L. Clark. Suffolk. Va: Peter
clifton L and stiralons. P. ]. saun-
Prescott. Rockville. Nd.
Free.for-a all; purse, %4o0-Del Car
and Gladys Be Sure, ]. w. Walker.
Elizabeth City, NJ c.; Frisco. Virlie
Direct and May Direct, ". E. Foster.
Suffolk. Va: Un, J. L. Grandy, Nor
folk. Va; Single u, Edward Lee and
thompson Todd, W. e. Miller, Wash
Evening star., 1922-08-20

ington. d. c.: Dock Anna. J. p. Fitz-
gerald. Washington. D. c.: Myrtle
Oliver. Tempest. Stiralong and Clifton
l., P. ]. Saunders, Suffolk. Va: Sable
W.. r. J. Shirley, Heathesville. Va;
Elastic Tim. Peter Gall, Wilbur the
Great and Locust Bug. W. r. Dough-
erty, Suffolk. Va.
Friday. August 2b-2:17 trot; purse
$300-Leah H. and Belina, w. E. Fos-
ter. Suffolk. Va; Peter Belwin, E. G.
Gilmore, Albany. Ca; Marie. Thomas
G. Keys. Rockville. Nd; Petition,
William Walker. Washington, D. c.;
ton. p. c.: Danfield. J. P. Fitzgerald
Washington, D. c.: Joker Girl, w. E.
Miller. Washington. D. c.: Proxy
knight. Ohio Horse and Mule Com
pany. Wilson. N. c.
Evening star., 1922-08-20
ENGLISH SOCIETY IMMORTALITY
DENOUNCED BY CHURCH LEADER

LONDON. August 19.-The Rev.
John e. wakerly, the new president
of the Wesleyan Conference. de-
nounced the immortality existing to-
day in English society, both high and
low. in his presidential address
On the same day that his utter
ances were published here there ap-
peared a dispatch from New York. in
which the prevalence Of vice and i'm
morality in America was denounced
by the national council of the Protes-
tant Episcopal Church.
American readers may be interested
in learning that. according to DR..
wakerley. English morals are ap-
parently quite as bad as American
morals.
Human life by many is held very
cheaply." was his Indictment. There
is scarcely a day when you do not
open your paper upon some sordid
story Of the slaughter of some inno-
cent
THE standard of morals between
the sexes in many places is very low.
The sacredness of the marriage rela-
tions9hip is openly pooh-poohed; lust
Evening star., 1922-08-20
GERMANS SEEK WAYS
TO AID FINANCES

~ the Associated Prsss.
BERLIN. August 1s.-The imperial
economic council appointed . COM
ni.tee today to formulate proposals
tor the alleviation Of the present eco.
nosnio and financial stringency OF
Germany. rs sv
DR.. Hirsch. undersecretary in the
ministry Of economies. recommended
considerable reduction in consump-
ton and the adoption Of measures to
increase production. He proposed
that there be q 1reat-restrictton or
even complete prohibition OF TO-
bacco imports. which in the hrst six
months Of 1899 exceeded in amount
even the pre-war figures. Undersec-
retary Hirsch expressed the view
there should be restrictions on the
manufacture and importation Of aleo-
hol. wines, fruit. coffee. beer. choco-
late, perfumes. furs, carpets, cloth
and other luxuries. ,
The undersecretary also suggested
ed higher taxation on proflts from
speculation In foreign currency. He
advocated the raising Of q small loan
abroad In order to spread the pay
ments due under the clearing house
process over longer period.