The Arvada enterprise., 1922-10-12

nbarking at VladlvOstOk. 3-MOnu-
nber IL.
cancellation Of orders with entire ab
sencc of fresh demands. On the Lon
don market Wednesday German marks
struck u new low level. About 1900
| of them could be bought for u dollar.
THE American Bankers nssOcia.
1 ton. In annual convention in New
York. was addressed on the subject Of
the allied war debts by IT. Hon. Reg.
inald Mckenna. former chancellor Of
Great Britain. and now chairman Of
the largest bank In the world. He
said England was able to pay her
debt to the United States In full and
would do so. but he suggested that
the bankers use their influence in
fovor Of postponement Of payment by
any others OF our creditors. Mr.. Nc
kenna warned his hearers that an at
tempt to enforce payment Of the war
debt beyond the ability of the debtor
nations to pny would be fraught with
the most serious consequences for the
United States, as well as the countries
of Europe. There would be an inev.
liable injury to the International
trade Of the whole world, reduced
profits, lower wages. and unemploy-
ment. lower standards of living.
As q solution Of the problem he
suggested that ~ full and frank" con.
fnrnnp0 hot
itor nations should be called In order
to discover the exact amounts that
could ultimately be paid by the na.
tlOns unable to meet their debts in
full.
After q warm debate, the associa.
ton adopted by q viva voce vote res.
olution declaring that 1T viewed with
alarm" the tendency toward the q.
tablishing Of branch banking In the
United States and expressed its oppo-
sition to any branch banking In any
form By either state OF national banks.
The banks Of the towns and smaller
cities were far too strong numerically
for the big bankers who protested that
branch bank system must prevail. John
II. Pueilcher Of Milwaukee was elect.
ed president Of the association.
GOVERNOR HARDWICK O
- Georgia was deslrous that bis
state should be the drst to have q
woman United States senator, 70 be
appointed to succeed the late Ton
Watson, Mrs. William H. FELTON,,
eighty-seve0 years old and dis
tsnguished for her work 10 the causes
Of temperance and woman suffrage.
At the same time Mr.. Hardwick an.
nOunced himself candidate for the
unexplred term Of Watson. The elec-
tion 10 to be held November 7 and
there IL no chance for Mrs. FELTON, to
qualify before that date by taking the
oath Of once In the senate chamber.
Authorities In Washington are wonder.
Ing whether or not she will be en-.
titled to the salary and to the frank.
Ing privilege and other prcrogatives.
Anyway. she has the distinction Of he
Ing the first woman to be appointed
United States senator with credentials
duly made out and sent to Washington
by q governor.
THAT the prophecies Of another
L cOal strike next spring will he
fulfilled was made fairly certain by
the action Of the policy committee of
the United Mine Workers Of America
Wednesday. 1t reafiirmed the demands
Of the February. 1922. convention Of
the union In indianapolis. demanding
the continuance OF the present wages
In coal mines until 1925. and. In addi.
t!on. the slx.hOur days and fve.dny
week. time and one-llaif for overtime
work, and double time on Sundays
md holidays.
According to bulletin sent cut by
u. n. Jewell. 81 railroads. operating
about 5000 miles of line and employ.
Ing between l25.OOO md 10000 mem.
bers Of the shop crafts organization.
have settled the shopmen's strike With
their system declarations. The intest
rond TO join the pence ranks ix the
Chicago Great Western.
EOltEST fires In northern Ontario
i hive destroyed the mining towns
OF Hniltyhury. North Cobalt. Charl.
ton md lieas,ip. and several other
towns have been partly burned. More
thnn 5000 persons were rendered
homeless and there wnS considerable
loss Of life. Refugees from Hniley.
bury arriving nt North BAY snld be.
tween 20 and 100 persons were
drowned when they were crowded
from 4 dock while trying TO board
rescue ship.
Northern Mianesota alao IL suffering
severely from forest Ares. nome small
settlements have been wiped out aad
many MON A. thnsntaned