davidaulloa/AmericanStories huggingface dataset:
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28

sell could hang ~ over the
clever Oaklander in four
rounds: but the other eve
ming when Duffy mixed with
Lew Tender the lack of ex-
perience. which cannot be ac-
quired on the Coast. lost for
him.
lew Tender n enc 81 the besi
iss-poundcra In the American ring
today. But for tho firzt thrce
rounds. DUFFY. a typical product Of
the four-round game. outhoxei ana
ouifought him. After that. Ton
deere superior endurance whlc.
tho fourround system does not
build enabled him 10 punLh
and wear down the Coaster.
The fght ended IN weird man
ner. Duffy claimed a foul III Tho
seventh period. and refused 20 an.
sxer the bell for the eighth canto
when the refcrss refused 10 listen
70 his charge. But. nevertheless,
Tenders Furnishing body blows were
telling on Duffy and hc would hav,
lost had the battle gone the soho.i.
uled iO.rouad route.
The four-rounser has little use
for infighting. The principal value
Of this element OF boxing Il ;o
wear down the opponent In four
rounds. a man In good condition
can usually assimilatc all the bl0wa
"A body puncher can deliver in the
ciinchcs and win the decision By
piliHg up points Ia the long range
exchanges.
But over tho io.rouni or longer
course. short jolts 20 tho mid-se,.
ton and over the heart arr the
most effective blows 20 wear an
opponent down and prepare him for
tho kayo wnilop 10 the inv. The
four-rounder. unversod IN this style
81 milling. Is always at a distinct
Disadvantages 20 tho boys who are
used TO the Eastern game.
For the same reason, Fasteners
who visit the Coast have trouble
In getting by In tho fs-mlnuts
circles. The Coast boys ar.
trained to set terrific pace for
the short time they fight. and this
Is new departure In methods "a
the lads from across tho cont
nent. who train 10 take II easy NJ
the start and save themselves for
the closing rounds.
Until the rules permit longer
goes. the West Is not likely to do
volop any champions In the lighto.
divisions.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28

mic schumann. the new champion OF
tho Coast wclterweighta. In the reg
THAR four round sett-o.
frankie Pantley and Abs Gordon
viii stage their rcturn.b battle title
bout with f'anuey's crown an the
stake. IN tho semi.windup. They
fouFtN a fast draw last week.
Flnky Mason and boy MoCasslin
MIX In the special event; Young Gar.
deAu and Freddie Kelly stage the sec.
nnd bout. while KID Palmer and Bot
Barnes begin the festivities.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
NEW SYSTEM ON
AT PRINCETON

For the first time In the history OF
intercollegiate football. a major
school has adopted the board Of
strategy system Of coaching: by
which a separate board will outline
an offensive system. which the head
coach viii be expected 10 follow. in
place Of tho old way OF giving the
head coach fun charge and full re-
spcnEibiiity. Princeton has taken up
the system. and Head Coach w. W.
Roper will not be a member OF the
board. which is operated indcpend.
entity OF the coaching staff.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
Crack Star
Leaguers
AreReady
Battery c and Ben Paris
Billiards to Meet in Big
Game Wednesday

TS chs. I Paris Billiards descat
i Battery q IN The Star league
finals tomorrow night at Collins
playfieid and another rame II ncc-s-
saFy 20 decide the junior cage title.
tho two teams viii have 10 draw for
home floors as the final games of
the year have been played at both
thu Knights q Columbus and the
ElkH club.
A Uln for The Billiard team will
tie The two teams. while a Battery
c win gives the Armory boys the
undisputed title.
Tho big game win get under way
at y. m.
Bob Morris win referee and Spcn.
Ger Harris win act as umpire.
stacy shoNns and the Yezier A.
c. viii meet In the preliminary game
AZ 6 2. m.
Tho teams are expected 10 line
up a. follows;
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
SOUTH LACKS
CAGE HALLS

basketball halls Of standard sixe
in the Southern states are scarce,
and the Southern intercollegiate
conference in planning 70 take nc.
ton 10 provide halls Of official a..
msusions for all colleges and uni.
versitles south Of the Mason and
Dixon line. according 10 southern
sport gossip.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
WEST SIDERS
HOOK SAILORS

Tho West Seattle team Of The Star
Soccer loop defeated the sailor squad
from the Siberian Prince at lila.
watha field yesterday. 10 o. The
TIT was fast. "a the close score indi.
Gates. The sailors were a bit off In
their passing. but displayed clever
combination play. Centers on both
teams. McGrath for West Seattle and
Owens FOR the sailors, starred.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
WOULD
LINKS COSTS

Vigorous measures n standarAs s
the cost OF establishing and keeptna
golf courses are advocated b. ,. q
Byern. new head Of the Unlfsd
States Coli association Byera &c.
eording to an Eastern wire. Gays
that Of the sas. 600. ooe spent en-.
nually on courses IN this country.
fully third Is absolutely wsRted.
due 70 extravagance thru improper
methods Of handling upkeep work.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
BEAVERS TAKE
COUGAR TILT

PULLMAN. Feb. 2s.--Spurting in
the first half TO a 10 TO lead. tho
Oregon Agricultural college basket.
ball team defeated Washington state
here last night. the nnai count stand
ing 5s &c ~ The Beavers ou'c'e----t
the Cougars. particularly In Their
puz7iing defense. in the scconu ..asi
tho Skaters braced. but the AgEies
stood the pacsa HJclte. q. A. c. CEN
ter. was high man with six field
goals. The teams play the second %
tho two game ycries tonight
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
WALSH Is VALUABLE
PERFORsfE.R

The Seals have on. OF the mos,
versatile performers In the league In
Dee Walsh. The little utility star Is
NOT only a capable fielder. but he Is
also scrapper and good hitter. lie
-o>nbines this with an ability TO play
any infield position or outfieid berth
and play II well. No team is stronger
than it's substitutes. and Walsh GER
sainiy takes care Of that role in o.
X fashion
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
Phil Neer's Ten
Commandments for
All Net Players

lie must have:
!. Athletic temperament
:. Even disposition.
:. WIN for consistent work
4 Endurance.
{. Ability to anticipate shots.
6. Ablii,y 20 judge flight Of
kali.
Z. Coordination Of body and
arms.
o Concentration Of the play.
2. Willingness 10 ''wAifte no
time" on the court
10. Confidence. but not over
confidence.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
OAKLAND LOSES
PUNCH

With all Of its famous punch
Last year Oakland landed in sixth
place in the Coast race. This
year the team has lost Guisto.
Miller and Pinelli. the big three
on the Oak team last year. They
win he replaced BY Marriott, who
has fIivyered several times in
the big show, Don Brown. with
salt Lake last year. who can't
compare with Pinelli a. a third
saeker: and another player yet
10 come from lhe Chicago Cubs.
The Oaks viii have mighty hard
shedding with every other club in
the league except Salt Lake
stronger han It was last year.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28

work has featured EVERY game IN
which hts team has played.
Crosby ttish. which finished thifn
in tho national tourney at chic"E"
last year. has run rough'Hhod over
is Eastern opponents during the
present season.
To date Crosby has averaged %
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
EDWARDS BEATS
CHICK SUCGS

BOSTON. Feb. .7.-Danny I'd.
wards. California colored feather
weight, was awarded the call In =
io.round bout with Chick Suggs.
New England featherweight cham
plon. here last night. -
on the same card. Perky F7ynn.
Boston heavyweight. outpoinsed Joe
Burke OF Detroit in 10 roundss
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
Short Fights Handicap
Coast Millers in East
Jimmy Duffy Is a Wonder Over Four-Round Route,
But Lew Tenders Endurance Beat Him in Longer
Battle.
BY SEABURN BROWN

DACIFTC Coast boxers greatly handicapped by the
four-round limit in vogue in nearly every roped arenn
this section of fstana The our-round game develops
hard hitting ceverness, speed and footwork fighter
with natural ability; but when most of the Coast boys
invade the Eastern 10 and 15-round game, Old Man Ex-
perience is not with them.
Jimmy Duffy is of the cleverest boxers in the light
weight ranks today II is doubtful Benny Leonard him
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28

rlfty.nve field baskets In two
games
That II the record recently made
by Alden White. star forward OF tho
Crosby High team Of Waterbury.
Conn,
White Is the sensation Of Eastern
scholastic basketball circles. Ills
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
FTTZ MAY GO
10 SALT LAKE

Justin Fitzgerald. by the way.
may pasfime with the Salt Lake
Bees this year. He has just
about ousiived his usefulness
with the Seals lie can siill hit.
but his throwing arm has cost
him regular Job. n II Il WOO
fully weak. Tho Seals have
OConneil. See. Ellison. Kelly
and shiek for ouifieId duty. 20
there won't be room for fifx-
gerald.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28

them were made IN game nrsinst
the chieopce High fAians) team and
~ against the iirantford CONN
high.
Ia the game with iipntford. tho
Crosby team had n field day, win.
ming by tho iopsidcd score OF is5 20
II
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
PENN "U" WILL
MEET SKATERS

A dual golf meet between the
University Of Pennsylvania and
Penn state is slated for May 6. The
tilt will be the first intercollegiate
links match ever played over the
State college course The course
has nine holes.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
GOODS BREAK
INTO NET GAME.

Northwestern University has
opened a course IN golf. with 80
co-eds enrolled in the first class
This n believed 10 be the first uni
versity links instruction ever offered
for feminine golfers. aitho inicrcoi.
iegiaie male teams have been or
ganlscd for several years at many
colleges.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
is NET CHAMP
THREE TIMES

Gerald Patterson has won the ten.
nis championship OF Victoria. Aus.
traiia. for the third time. Patter.
son was worlds net king In 1919.
and paired with Norman Y. Brooks
In tho doubles that year. the pair
winning the American title.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28

points 20 itn opponents 20. The team
Il entered Ia the Eastern champion
ship meet a. he conducted by the
University OF Pennsylvania ana has
high hopes OF winning.
whites record Of bs field goals In
two games n regarded as Eastern
scholastic record. twenty-five Of
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
MYTHICAL FIVE
NAMED TONIGHT

Naming OF the all-clty basketball
team viii be a feature OF the annual
basketball banquet TO be held tonight
at the Y. 81. c. A. auditorium Let
squads elect the mythical quintet.
Coaches and team captains wifi
address the gathering and officially
close tho 1892 season.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
OFFER PRIZE
TO SWIMMER

A prize in the form OF a silver
trophy has been offered 10 the first
swimmer TO negotiate tho Dover
straights. by the Channel Swimming
club OF England. says a London dis.
patch.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
OREGON TITLE
TOURNEY SET

The 1899 tournament for the ore.
gon state golf championship will be
played over tho Tualatin Country
club course late In the summer. nc.
cording 10 an announcement by Dr.
Joseph sternberg. chairman of the
handicap committee.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
MCKAY WILL
MEET EAGAN

TACOMA, Feb. 2s.--Joe Eagan,
Boston middlcweigbt has been sign.
Cd 10 meet Gordon Mckay. Pacific
coast middlewcight champion, In a
slx-round bout here March 9.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
Phil Neer Is First
College Tennis King
Portland Boy. Well Known Here Is Ranked First in
Intercollegiate Lists; He Ia Attending Stanford;
Won Big Eastern Tourney
by BILLY EVANS

DILL NEER of Portland. orc junior at Leland Stan
ford has been rated the best college tennis player
in the United States.
For the first time In It's history The United States
Tennis association has ranked the college tennis play
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
Champion
Battlers
to Clash
Mckay and Heinie Schu-
mann to Get Together in
Pavilion Bout Tonight

NO Coast cham
pions win fur
rish tho main
attraction az tiis
" eealy swat SEQ
nson at the Pa
vilion tonight.
Gordon Me
X ay. Z o I y
s c o c h m a n.
champion Of the
Coast middle.
W ig htR viii
toss the Levi.
sons with Hei.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
.MUFF BRONSON
GETS THE AK

Muff Bronson II I'm bad with the
powers that govern boxing In the
state Of Idaho. ~ n resul, Of bis al.
legged foul tactics in his bout with
"kpug" Myers at pocateilo on Wash.
ingfon'H birthday. Bronson VIA dis
qualified and esoorfed from the ring
BY poles. after the referee warned
him several times against fouiing.
Tho next morning the cops took him
70 a train. Suspension Of Bronson
by the Idaho state boxing commits.
sion Is expected to follow, according
TO a Pocatnlio wire.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
TWO LETTER
MEN GONE

only two veterans WIN be missing
from tho diamond squad. Captain
Riil Foran. veteran outficider. and
Perry Land. catcher for three years
viii be counted In the lists % grad
yates. Both positions viii be easy
10 on from the ranks OF old.timors
ON the squad.
Matthews pitching staff win be
built up around Tiny Leonard,
Prank setter and Ebert Harper. on
Gardner Is another man who can b.
called on 90 twtri In a pinch.
Leonard had the best record IN
college hall In tho states last year
He ran Into several defeats against
wasesia but pitched high class ball
during the Japan tour. Setter
showed lots Of class toward the end
Of the season and on the Oriental
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
BY HAROLD MARQUIS

THE whack Of the hickory agains,
l. the horrehido and the ylpyip OF
the diamond hound viii sound on
Denny field Wednesday afternoon
when Coach II. /. Matthews breaks
out his hail squad for the opening
OF the spring season. The frosh
win turn cut two weeks later.
washlngton's practice season viii
open during the spring vacation.
with a scrics at Camp Lewis against
tho Ninth Army Corps. Matthews
has long schedule. e games IN
three months. but believes he can
build up an aggregation that Will
stand the Grind
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28

The most effective pinch blow %
the year was delivered BY Hunky
Schorr whsn he hit for Elmer
Jacobs in that frst great battle with
Los Angeles in the last series Of the
year. schorr kicked thru with a
single In the pinch and won the ball
game
Ham Hyatt. OF Vernon. WIN I'M
doubtedly sec a lot OF pinch hitting
service this year. Red" kiilefer. the
Los Angeles pilot. Is good man in
the pinch Justin Fitzgerald. Of the
seals: Buzz Ariet. OF Oakland. Ken
Psnner. OF Sacramento: Rowdy Eli
ott. OF Portland. and Elmer Reiger.
Of sAit Lake, are all dangerous pinch
hitters-
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
McCredie
Will Use
'ErnOften
Ed Spencer, Ernie Schorr
and Frank Schultz will
Make Up Crack Trio
BY LEO II. LAsSEN

HERE l. moro Color
To pinch hitting In
baseball than in a
whole flock OF
ralnhous
All great hitters
are not all great
pinch hittcrs. and
all great pinch
hlttcrs are not
great hittcrr. II
works both ways.
one ef the great
eat plncA hittefs
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28

David c. Morrow. for years foot.
bail cooch ut Washington and JEFF.
ferson college. has signed contrac;
as line coach ut Bethany college.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
VETERAN
I>fItiIp

Roy barrett on f1rw'. Torshy Tor.
rance az second. George Marriott at
third and Dick welts or nill Bake
al ahor,stop Is a probable lineup for
the inficld. All the men are veter.
ans ana good bah playeru. Prank
Lewis h another infield man from
the fro.h team who may break into
varsity circles.
The conference r~ason viii open
ON Denny field Campus Day. April
81. with the University % Oregon AZ
opponentA
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
PLENTY OF
WORK

All OF these men can hit in the
pinehes and they win be used lot
this season. as Manager McCredie
shifts his players continuously. jerk.
ing pitchers frequently and using
pinch stickers.
As Spencer hits from the right
side Of the plate and Schorr and
Schultz both stick from the port side
OF the rubber. McCredie will be well
fortified TO send In extra men
against either right or left-handed
fling!ng.
Perhaps the most s,upendous blow
landed by pinch hitter in Seattle
last year was Tub Speneer's home
run in one OF the hate games The
game was lost. but Tubby stepped
up TO the plate and lost eve apple
in the lcftfield bisachers on the first
mitch
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28

cs all time Is Jack Graney. OF the
Cleveland indians. Jack has a knaek
o. hitting In the plnches whom sent
up 10 stick for somebody else. altho
Jack never hit much more than leo
in n regular season
Eddie Murphy. OF the Chicago
White Sox. Is another great pinch
hitter. altho he never plays rcgu'
larry.
Getting closer 20 horne. Seattle
viii have a trio OF real pinch hitters
this season. There Will be Ia Spen.
Ger. the portly catcher; Ernie Schorr.
the southplaw hurler. and Frank
S..hutf. fhn xeteran onfflrt.ier
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
HEAVY sTtChi.iiS
IN GARDEN

WAAhinKton's outfleld VII hANe n
heavy.sticking trio again this sra
son. OBJ Gardner and Mickie Nc.
Mahon viii be back with tho heavy
club To pole out their long hits for
extra bases. The third man VIII
probably be Hunter Miles. another
good man with the wlllo~.
spike Maioney will step in,o a
regular berth AZ catcher. Land
used 20 aiternat. with spike but viii
be missed this year. Maioney Il a
leading hitting az well M an artist
In receiving. Ills limo os chatter IL
nearly a. big an asset 10 the team
AZ his hitting. for he keeps the nins
fighting all the time
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
Washington Tossers to
Start Work "wednesday

trim. lie Is counted on for a conner
this year. Harper Ii not In a class
with the first two a. mound man.
but IL valuable as well for his work
around the hot corner. lilo II also
n hitting man.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28
WASHINGTON I
WINS CITY
PUCK TITLE

HOLDING a onepoint lead thru
i l. out n thrilling tilt at the arena
last night. the University Of wash
lngton hockey team won the Ana
teur Hockey association champion
ship last night by defeating the
Maple Leaf post. American Legion.
3 TO :.
The game settled tic resulting
from the first game last week
The play was fast and even. with
the coiiegians hard pressed at a.
times by the iegionnaIrer-
MAGGIE Loaf Pest Z. II ~.
Hef~r ...-..-.-.... q. 1880 1stle
heudsr ....--.-..Il DID,. HacKAa<1o
Mltrhn5i .------.-I. D-.-.Don Eacksnr4o
". he~fs- ..-..-... C. -.-.---... Aka
a. ke~fe.--- p W.---- EAwnrfD
N1ffsf s.a.-.---.A. W.. He14
SCORING
Fsr~s r~rfes-i. wuhinstsu. d. Nss-
Nassle al.
eseeaa psrss1-s. wsshsrgtez. wszs,
vi a. kaDls Leaf NcPhee. tssc. =
haH6 rerie<~-s. "a ~ hinwfor. Qui nsfhnz(
q et, y Mapis f1af. W kssfe. ..se
-uh~sfsuffons
Wn<sfnrf~n ooiniiben fer Arlee. Mspio
fs~sf &ePh~~ fer N. Keefe. II. keefs fer
MrFhes. hePhss fer kohler. kohier Ter
Mcf'hee.
Pe~Aities
rfrrs p~rfct--Sone
Second p<riof--Scne-
Th4rs pariod--Ne Phee. uiuuts-
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-02-28

ss;S:lI
on ~
Three|
ST. nal
One u
Price
Per n
Evening star., 1922-09-09
MONEY MARKET
IS SHADE F|RMER
Time Rates 4 1-2 to 4 3-4
Per Cent-FIurry May Be
Only Temporary.

There has been some Strengthening
OF the money market during the past
week and now four to six months
money is quoted at Az per cent bid
and * per cent asked. Call loans
still remain around 4 per cent.
The business world seems to be
throwing on the depressing effect of
the strikes and to be prepared for a
good fall and winter trade. The liqui-
dation of loans is apparently about
over and banks have started making
more loans, but business generally
finds financing easy.
The banks have been getting in
stronger position with every passing
day of the year as deposits piled up
and the demand for loans decreased
Inquiry for Treasury certificates
has been well maintained right along.
with returns vary ing from 3.25 to All.
The slight stiffening of the money
market and the fact that short-term
certificates may be marketed at bet
ter prices than long-term bonds may
ment TO undertake short-term Treas
ury certificates on the 18th inst.
rather than the expected long-tern
bond issue. which will probably be
delayed over the temporary stringency
in money.
strength Ii SeasOn4bIe.
Bankers declare that 1t is sea-
sonable for a firm market at this
time, and that after the crop move
ment is over the return to lower
rates may be expected.
In the meantime the Treasury is
getting along nicely, and will prob
ably announce its plans for temporary
financing within the next forty-eight
hours.
1t has not been compelled to draw
on its credits with banks holding pro-
ceeds Of recent certificate sales for
nearly thirty days, the first draft
since August Is having been made to-
day 10 per cent of series B-1926, the
call being payable next Tuesday.
A Good Investment.
A per cent bond maturing with
July. 1924, selling around es is good
investment. The return is still little
better than per cent, but the re-
demption at par will add $50 to the
value Of the bond, making the interest
for the two years, practically. that it
must be carried. making the profit
plus interest about $50 on the bond
Calling the gain interest the return
would be Is per cent.
It can be made, this transaction.
with perfect ease and it's better than
a call loan at per cent.
Evening star., 1922-09-09
BY STUART p. WEST.
Special Correspondent Of The Star.


NEW YORK. September s.-The
Weeks developments affecting the
financial markets have been alto
gether favorable. Domestic labor
troubles, with the settlement of the
two big coal strikes. have virtually
ceased to be a subject of discussion.
The railway shopmen's strike may
be settled piecemeal in the near
future or 1t may not. The essential
thing is that the men are fiocking
back to work, that car loadings, as
shown in tho official figures. continue
to increase and that on most lines
the contest is practically over.
Assurance of an adequate coal sup
ply has had It's effect upon industrial
operations. ~he steel mills which
were down below so per cent of
capacity are already back close to
so per cent with every sign that
production will continue to expand
until 1t reaches the rs per cent maxi
mum of three months ago.
What is true of steel Is true of
manufacturing and producing acti-
vities in general. Where output was
curtailed by coal shortage complete
recovery is promised.
Phase of Situation in Europe.
Turning to the European situation.
II Is too early perhaps to appraise the
importance of the latest efforts to
solve the indemnity problem. The
proposal that Germany furnish the
devastated regions of France with
reconstruction materials and deduct
these from the reparations claims is
nothing new. But 1t has for the first
time put in definite form, with the
backing of the most powerful Ger
man Industrial interests.
For the first time. to the plan
seems to have the approval of France.
The second proposition bearing upon
the indemnity question put forward
during the week. represents a dis
tinct innovation. 1t ts that the big
business men of Germany provide