davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-12-08
HERMES EXPOSES SHAM
PROSPERITY IN GERMANY
Says Settlement of Repara-
fions Alone Can Aid Europe.

BERLIN, Dec. (Associated Press).-
Minister Of Finance Hermes to-day in
expounding Germany's finances to the
Budget Committee of the Re.chstag
cited figures showing that Germany in
reality Is undergoing only sham pros
perity. He declared that the apparently
high dividends paid by German stock
companies were but paper dividends,
which when translated into the gold
equivalent were quite insignificant, and
that Industrial concerns were merely SUBJ
sistng on their actual physical proper
ties.
Explaining the Governments financial
policy he stressed the imperative need of
foreign cooperation. Stipulating that
final settlement of the reparations ques-
ton alone could constitute a firm basis
for the economic restoration OF Europe,
the Minister said the Government never
theless was ready to collaborate in any
practical interim solution which formed
a Just compromise between the interests
of the different countries
DR.. Hermes said he estimated the ex-
pcnditure during the present year for ahe
ordinary budget at $4,000. 100000
marks, which exceeded the original es-
innate by 343, 900, 100000 marks. The
ordinary budget for the current year
could be balanced The extraordinary
budget now stood at $4,000, 900, 900
marks and the budget for the execution
of the peace treaty was $4,000, 900, 600
The floating debt at the beginning of
December was $50. 900, 900, 600 marks
During the first ten months OF the pres
ent year DR.. Hermes said the deficit In
the trade balance amounted to $780,
100000 gold marks
The New York herald., 1922-12-08
SAYS u. S. WOULD BE
ARBITER OF EUROPE
French Papers Resent Amer
ico's Part at Lausanne.

Special cdble to TIE New YoaK HERALD
Copurioht. 1929, by THE NEW YORK HEnAIp'
New York Herald Bureau.
Paris, Dec. :.
American intervention at the iau-
Same conference Is by no means oelhs
welcomed with the fervor that ~
Premier Clemenceau has been promising
the American public during ms tour. ~
stead OF recognizing Ambassador
Child's statement as one Of the prin-
cipIes Which have always dominated the
American foreign policy there IS much
muttcring that the United states is Try
ing to turn its role of observer INTO one
OF arbiter of European affairs.
This discomfort already is reflected
in some of the most important news
papers. Coming on the eve OF the I'M
portant London conference between the
allied Premiers in London and with
Ambassador Harvey,s intimation that
another American statement may be ex-
pected shortly the Liberte says: IF
the United States after period of aloof-
ness is again commencing to interest
itself in Europe II will not render her a
service by such interventions. 1t is
not doctrines that Europe needs and IL
is not with dogrnas that she win be re-
stored. 1t is regrettable that the Amer
icaDS ttcndency at this moment Is for
theoretical interyentions. which above
all else prevent success"
The Presse- goes further and reminds
America that 1.-THE arbiter must not only
intervene when his own interests are at
stake and expresses surprise that the
United States is seeking the role of die
tator of policy in the question Of the
liberty Of the straits which beyond all
doubt is clearly and purely European
question" s
The New York herald., 1922-12-08
HOUSE VETS OPEN FIGHT
UPON BIG DRY LAW FUND
Oppose Appropriation of $150,O00 for Press Agents
for Officers and Equal Amount for Enforcing
Agents to Buy Drinks With. =

ury Department to the Department of
Justice, has been offered before, but il
has been opposed by the Anti-Saloon
League. which fears that. so located,
the service would lose It's identity.
Representative Blanton (Dem., Tex. !,
a dry, attacked the Hill amendments.
saying they were intended to weaken
prohibition enforcement. He said that
in Baltimore, Mr.. Hills home city. as
well as In other cities. beer was being
sold In saloons as Of old. and that the
House should do nothing which would
interfere with the work of enforcement
officials.
Representative Magee said the prohl-
bition law is practically bone dry" He
said the time had come when the law
should be based on reason and that the
House Judiciary Committee should de-
termine the maximum alcoholic content
of beverages which might be sold in
conformity with the Constitution.
Then" he said, Congress should
provide that each State may determine
in its own way. by legislative action or
by referendum, what alcoholic content
not exceeding such maximum bever-
age manufactured and sold within the
State may contain.
IF Minnesota wants cold water, let
her have It, II New York wants the
maximum, no other sovereign State
could reasonably object.
Let us have the courage. the cour-
age that knows no fear. the courage
that obliterates self. the courage of the
men who have made this nation great.
to grant unto the people the rights
guaranteed to them under the Const
tion "
The New York herald., 1922-12-08
Not to Visit Congress-.

Clemenceau will not visit Congress
but all the members of the House Com
mittee on Foreign Affairs will hear him
tomorrow In his last Washington ad-
dress to be given IL Memorial Cont
mental Hall at the lecturers conference
on public. opinlen and world peace. The
chairman of this committee is Repre-
sentative stephen c.. Porter OF Penn
sylvania, who introduced in the House
the resolution whereby the United
States made a separate peace with Ger
many after the defeat of the Treaty of
Versailles. The Senate Foreign Affairs
Committee. headed by Senator Lodge,
has also been invited. but will not at
tend in body, although several mem
bers will go.
Clemenccau arrived at the White
House at 1870 this afternoon with Henry
White, to the usual accompaniment of
heavy fire from the Photographic bat
terry. He left at o'clock. At the
luncheon he talked mostly with Mr..
Harding, Vice President Coolidge and
Chief Justice Taft The others present.
besides Senator Lodge. were NJ. Jusse-
rand. Secretary of State Hughes. Sena-
tor Cummns, President pro tenn. OF the
Senate, Speaker Gillett of the House.
Secretary of the Treasury Mellon, Sec
retary of War Weeks. Attorney General
Daugherty, Secretary of the Navy
DENLY, Secretary OF the Interior Fall.
The New York herald., 1922-12-08
MUSSOLINI FEARS WAR
UNLESS TURKS YIELD
Stops at Lausanne to See Cur
zon on Way to London.

LAUSANNE, Dec. Z (Associated Press)
Premier Mussolini stopped of at Lau-
Same. tonight on his way to London
and discussed with Lord Curzon the
Near Eastern negotiations. 1t Is under
stood, that the Russian objection to- the
allied project for control OF the straits
was one of the subjects under consid-
Grafton.
ITALY i'm the negotiations Mt Lausanne
Is in full agreement with the Allies"
said Mussolini. What we propose to
the Turks is perfectly reasonable. l
hepe- the negotiations are successful.
otherwise there will be war"
The counter propositions which the
Turks are expected to make tomorrow
viii deal. among 0ther things, with Con-
stantinople, and anything calculated TO
infringe Turkish sovereignty over Con-
stantinople will probably lead to strong
objections.
The New York herald., 1922-12-08

Secretary of Labor Davis. Representa-
tive Porter, Admiral Robert T.. Coontz,
Major-Gen. Tasker III. Bliss, Assistant
Secretary OF State Leland Harrison,
Henry White. Hugh c. Wallace, ex-
Ambassador 10 France: stephen Bon
sail. Col Clarence A. Sheriff. and Com
mander Adolphus Andrews.
Rain IInlts sightseeing.
Except for the trip to the White
House, .Ciemenceau did not leave the
home of his host, Mr.. White. 1t was
the most restful day OF his American
visit. A contemplated sightseeing jaunt
was prevented by rain. The Tiger spent
most of the hours sleeping or going
oyer the manuscript of to-morrow's
speech. He was quite content not to
cross the tiger skin rug in Mr.. Whites
reception hall except for the one excur-
sion.
His health continues to be good. but
ne said this morning he could not ac-
cept any more invitations. Among his
visitors were Theodore Roosevelt, AS
sistant Secretary OF the Navy: John
Hays Hammond and Col. Edward NJ
House. Col. House will probably ac-
company him to Philadelphia Saturday.
The explanation offered for Clemen-
ceau's failure TO address the Senate is
that such an opportunity is offered
only to distinguished foreigners hero on
official missions. The fact is that this !
rule could be waived. but it is ftN that
the recent verbal exchanges between
Clemenceau and Senators Hitchcock and
Borah might lead to embarrassment
should the former French Premier APP
pear Therefore he has not been ia- !
vlted nor has he asked TO be.
Clemenceau's Washington Visit will
end Tomorrow evening. when he returns
to his private car. 1t will be hauled
TO quiet place in the railroad yards,
If such there bd, and will start for
Philadelphia at 1:20 A. NJ. Saturday.
Clemenceau will speak in tho Academy
of Music. Philadelphia. on Saturday at
II A. NJ. He will spend Saturday on
his car at Cresson, Pa. "a break in the |
"trip back to Chicago)
The New York herald., 1922-12-08


goes furthen than the Allies, and OF
course can hardly servs as a basis for
colnpromise. On the other hand. the
American explanation is that America
simply wants TO keep the straits free
for warshIps on it's ordinary mission of
friendly visitation; ana that as war
always cancels stipulations OF this
kind 1t was unless TO demand other
wise.
AS for what the Americans mean by
disarmament as the best thing Tor the
Black Sea nobody knows, and 1t is hoped
by many delegates that On new instruc-
tions from Washington the Americans
will be permitted to explain their views.
which would have a very considerable IL
not controlling effect.
II is still apparent that the Turks are
striving for compromise that VIII COM
ply with their national compact demand
ing the protection of Constantinople ana
vet avert an open RUPTURE
The New York herald., 1922-12-08
FRENCH WEIGH DEBTS
AND PREPARATIONS
Reduction Must Be Made in
Both or None.

PARIS, Dec. ASSOCIATED Press) -
b Premier Poincaire leaves tomorrow for
London to attend the conference of
Premiers, regarded by many here as the
last great effort Of the Entente to reach
an agreement ON Germany's reparations
bill before France sets out independ-
emily to. collect in her own way. The
meeting is looked upon as involving the
continuance or friendly cooperation be-
tween France and Great Britain.
The following definite propositions.
while not constituting the plan, will
probably guide the French In their argu-
ments in London:
One-No moratorium to Germany with
out the surrender of productive guar
antees. such as mines and forests.
Two-Reduction OF the German sueem-
rity to from 40,0oo00o0o0 TO J0,0do, o0o. .0o
gold marks only on condition that there
be a parallel reduction in the French
and other allied debts.
Three-Revision of the percentages et
the German payments In favor OF
France. France at present is- entitled
TO bz per cent. but would claim Grpa,
Britain's p per cent. I'M return for fix
ing the indemnity, at the suggested
amount.
Four-When the voluntary default OF
Germany is definitely established. OF
when Germany refuses to carry out the
financial reforms of balancing her bud
ret and stabilzing the mark. penalties
would be imposed. These would in
clude extension of the allied occupation
or the Ruhr so as TO permit a customs
Gordon around that territory, and the
economic exploitation and general ad-
ffainistration of the Rhneland.
The respite given Germany on August
81 last expires on January 10. when sh.
ia scheduled to pay 5oo0o9,0oo gold
marks. One thing appears certain
namely. that IL no agi- ement is reached
~ London. France viii nevar consent
70 further relief FOR Germany withou,
the definite guarantees already eug-
eested.
The New York herald., 1922-12-08
Special Dispatch to THE New YORK HERALp.
New York Herald bureau.
Washington, ID. g., Dec. !.

Spectdl DiSpdtch to The NEW YORK hEALp
New York Herald bureau,
Washington. u. g., Dec. ].
The vets in the House started drive
to-day against the proposed appropria-
tion of s9.ooo.000 for prohibition en-
forcement during the next fiscal year,
Representative John Philip Hill
(Rep.. Md announced his intention OF
pressing five amendments 10 the bill,
all directed Nagainst the prohibition en-
forcement service. The most important
OF the five provides for the transfer OF
the service from the Treasury Depart
mcnt to the Department of Justice. a
step bitterly opposed by the drys.
Representative Walter w. Magee
(Rep., Syracuse. n. Y.) made a scathing
attack on prohibition enforcement, de-
claring that the time has come when
there must be a Modification of the law.
Representative Meyer London (Socialist.
N. Y.) attacked the law.
Representative Hill's amendments are
devised TO eliminate the proposed ex-
penditure OF $4,000 for publicity bu-
reau for the prohibition service and to
prevent the expenditure of $500 for
the purchase by prohibition agents of
Intoxicating liquor to be used as evil
dence, which he declared TO be in
itself a violation OF the law. The
amendments are directed against stump
speaking by the prohibition commits
sioner and his assistants and against
the issuance of propaganda by the SER
vice to defeat members Of Congress.
The chief amendment. that for the
transfer OF the service from the Treas
The New York herald., 1922-12-08
HARDING AND TIGER
SWAP TABLE TALK
international Issues Are
Avoided at White House
Luncheon.
LODGE AMONG GUESTS
Coolidge. Taft and Cabinet
Members Are Also in
Company.
GREETING BY FIRST LADY
Clemenceau One Of First Visi-
tors She Has Seen Since
Her Illness.
GREETING BY FIRST LADY
Special Dispatch TO THE Nsw York rnrAlD
New York Herald Bureau. \,
Washington. ID. C., Dec. -

Special Dispatch 10 THE New York HERALD
New York Herald Bureau.
Washington. ID. C., Dec. ~
Clemenccau's luncheon with the
President at the White House to-day
proved social gathering engaging
twenty-four men in friendly conver-
sation without special reference to
the guest Of honor's mission In the
United States.
The Tiger sat at table in the state
dining room for nearly an hour and q
half with the President, ce-President
Coolidge, the members of the Cabinet
now in Washington, Chief Justice
Taft and others. In the group was
Senator Henry Cabot Lodge, instru-
mental in keeping the United States
out Of the League Of Nations, which
Clemenceau helped to fashion, al
though his and Clemenceau's opinions
Of it were in some respects not far
apart. \
After luncheon Clemenceau. with Am
bassador Jusserand. went to the second
iioor Oh tne Wnte HOUSE, anu III u re-
ception room off the west hall met Mrs.
Harding. She is slowly recovering from
Eer serious illness. but has seen few
visitors. An exception was made in the
case of the interesting Flrenchman.
Mrs. Harding walks little at times.
but was sitting in an invalid's chair
when she received Clemenceau. He and
M. Jusserand stayed only long enough
to congrat .at- her on her improve
ment.
The New York herald., 1922-12-08

WANTS TURKS TO GIVE
AREA FOR ARMENIA
Req. Dr.. George r. aMontgon1-
cry Confers With Delegates.

LAUSANNE, Dec tAssociated Press)
Ambassador Child and the heads OF
the other delegations to the Near East
conference were asked to-day 20 lend
their aid in providing national home
land for the Armenians. by the Rev. DR.
George n. Montgomery, director OF the
ACCOMPLISHMENTS Society.
DIR. Montgomery urged that the con-
ference induce Turkey to designate some
area where these refugees might be set
tied and provision made for establish
ing permanently orphanaEes, hospitals,
schools and other institutions for them
"a was suggested that that portion OF
ciIicia tributary 20 the port OF Alex
andretta would be most suitable.
The New York herald., 1922-12-08
FEAR FOR ARMY AIRMEN.

SAN DIEGO. CaK, Dec. 7-AFears for
the safety Of Col. Francis G. Marshall,
attached to the STAFF of the chief OF
Cavalry at Washington, and Lieut..
Charles l.. Webber of the Air Service
were expressed tonight at Rockwell
Field here. The two officers left San
Diego at 9:15. A. M. to-day for Fort
Hutchuca, near Tucson, with instruc-
tions to report by wire on arrival, which
was expected within five hours. but had
not reported up to 80 =. NJ.
The New York herald., 1922-12-08
SHIPS CROWDED FOR ITALY.

The Lloyd Sabaudo liner Conte Rosso.
which sailed yesterday for italian ports,
carries ] .l65 steerage passengers. Nearly
all have been residents Of America Sow
eral years, who will celebrate Christmas
In their former homes and will return
before the end Of six months.
Tho tiiuseppc Verdi Of the Trasat-
lantica italiana Line. which >also de-
parted Yesterday has 1900 steerage
passengers and The Cosuich liner Presi-
dente Wilson carries 500 TO italy and
Greece. Both thesa sbips will touch at
Boston and take on more third class
holiday seekers In SUMMER cimes.
The New York herald., 1922-12-08
CANADA GETS why RIDGE.

PARIS. Dec. France has granted
the Canadian Government the perpetual
use OF several acres OF land on vimy
Ridge, where Canada may erect monu-
ments TO the Canadian soldiers who lost
their lives in the memorable assault
which carried that eminence for the
Allies.
The New York herald., 1922-12-08
vital for Britain.

For Great Britain the restoration of
Russia, Poland ana other nations is n
matter OF prime Importance. Unless
these nations are restored the trade OF
the world must remain depressed and
consequently British trade will continue
TO remain stagnant. The object TO he
sought IL the recovery of the whole OF
Europe and tho restoration of the trade
of the entire world TO normal propor-
tions So long as Europe remains
devastated and in poverty without
credit, the trade of the world must re-
main depressed. and with Il there must
be great unemployment and distress in
Great Britain.
The ALLEGATION of Great Britain's share
Of reparation payments to the injured
countries. which cannot otherwise OBJ
tain credits, IN a matter OF Importance
TO all nations. and is of special Import
ance TO the entente nations Moreover,
~ would he of great Importance to Ger
many. which can neither recover pros
perity nor pay reparation until the buy
ing power OF Europe is restored.
In brief Europe cannot avoid either
governmental or private Insolvency un-
less reparations are reduced to a reason
able figure and credit In created In an
ticipation OF their payment--uness in
terallied debts are cancelled and pro-
vision made for the restoration OF not
only France but all injured nations<
Are the Prime Ministers Of the En-
tents yet prepared to survey impsrtially
The New York herald., 1922-12-08
PAISH SAYS PREMIERS CAN
REVIVE EUROPE,S CONDITION

and sanely the economic and financial
situation as well as the political. and are
they now willing to take such action as
the danger demands?
The New York herald., 1922-12-08

SOUND ANyTHIrGs
m 60. see II II IL advertised In the Lost and
teund columns OF ts-day's Nsw York Asrald,
The Columbia evening Missourian., 1922-05-17
BANK FAILURES.

There is a saying that every time a
bank fails, the community in which it is
situated is set back five years in its pro-
g-ess. And the saying is not exaggerated.
The breakup frequently is followed by
depression, distrust and business stagna-
iion.
The banker is invariably one Of the
most respected and honored men in a
community. People look to him an ex-
cmplifcation of honesty, sound business
judgment and neverfailing knowledge of
financial affairs They trust him with
their money and their business secrets.
When he proves himself unworthy of the
trust, the people are at loss for advice.
They feel that no one can be- trusted,
that the whole world is in conspiracy
against them. The result is the econom-
ic paralysis of that particular locality.
Business of every kind is affected.
Both state and national banks operate
under the closest supervision and most
drastic regulations. Every effort is made
10 see that the institutions are kept in
|; sound and solvent condition. The most
careful examinations are made at inter
,als-and yet banks continue to fail. The
law cannot altogether prevent dishonesty
on the part of bank officials. For every
regulation made, there is some method Of
sidesicpping it. ...,.
Once the directors of a bank have Sc.
lccied the men who are TO guide the des-
TIMES of the institution, they are almost
powerless to prevent dishonesty on the
officials part. Banking regulations which
will provide standards for a banks con-
duct can be made-regulaiions which
will insure upright men in official posi-.
iicns cannot.
The Columbia evening Missourian., 1922-05-17
Charter Granted to Local
Club at Banquet Last Night

The Kiwanis club of Columbia wa
host to nearly one hundred and fift,
guests, at the banquet given last even
ing at the Daniel Boone Tavern for tn,
presentation Of the charter. by Coverno
Chase of the MissOuri-kansas district
of the local club.
A six course dinner preceded the pro
gram of talks by guests and vocal mum
bers by groups of girls from Stephen.
and Christian colleges.
Pink and yellow snapdrasons. pinl
carnations and tea roses. formed bou
queis on each able. A large bouquet oI
pink and white peonies with the kiwl
mis- emblem illuminated. formed the
background for the head table at which
were seated the governor of the district
with the lieutenant governor and visiting
pfficers cf kiwanis clubs from other
lilies.
Between courses, the guests sang Nj
wanian songs.
B. c. Hunt. president of the local club
presided as tOastmasier. The program
opened with the singing of America
BY the assemblage Mr.. Hunt welcomed
the visiting Kiwanians and ladies. His
remarks were followed by double num-
Der sung by the Christian college SEX
tet, which was encOred.
President Hunt then introduced f. l..
Chase of Kansas City. Mo-. governor of
the Missouri-Kansas district of Kiwanis
Clubs. Mr.. Chase. in his opening re-
marks recognized his old dean at Tulane
New Orleans. in the person
of Dean Walter Miller. Mr.. Chase
praised the personnel of the local club
and the splendid spirit and management
shown in the evenings events.
He drew a word picture of the: growth
Of the Kiwanis organization from its in
ception until now, composed of over
IS 600 members in the United States and
Canada.
THE fact that business people were
getting profits without giving proper SER
vices to the community served, l believe.
to be the groundwork for the origin of
he organization principles. The yearn-
ing for unselfishness. and more idealism,
grew, and demanded more than mere
declaration, but rather a definite objec-
i've. The Kiwanis Club has become
hat objective. .t,
. There are now $1,000 in our member
ship. and the object of our existence as
;lubs is for the living of the Golden Rule
o our modern everyday life, civic as well
Is business life.
Every Kiwanis club aims and works TO
,e of aid to the church, city government, !
II chamber of commerce. Not to run
nv one of these established institutions.
,ut aid and assist them, staying off all
General controversy.
Mr.. Chase then presented the charter
which acknowledged the Kiwanis club of
The Columbia evening Missourian., 1922-05-17
NJ. U. ALUMNI GIVE BANQUET
Seniors From Seven Audrain COun-
ty High Schools Attend.

The Missouri University Alumni AssO
ciaiion of Audrain of Audrain Count,
entertained with banquet for all grad
uates of accredited high schools in the
county last week at the Hoxsey Hotel in
Mexico. The following high-schools Sc
niors aitende the banquet:
Mexico high school students. Clayton
Hulen, Beulah K. Bledsoc, Forrest L.
Weir. Cloyd V. Dunn. Clifford A. Hide
lrand. Emery Haycraft. James Rodhouse.
Carroll NJ. Clover. Helen Johnson. Ted
Campbell, Joe Davis Walstrom. Herold
Harris. Rita Barnes. Norma Toalson,
Mary Grey Ankrom, Claude Moran,
Gladys Zieglcr, Leonie Logan. Betty
Crockett, FlOssie Sherman, Ester Gu
Tick, Virginia Richards. Alice X. Crock
cit, Cecil Tanner. Elizabeth Wilson, Mar
jorie Barnes, Elizabets Whitson, Alice