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Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1922-02-13
ESTABLISHED ifss

Oldest Daily Newspaper In the
United States and Best Advertls-
ing Medium in Northern firganlx
Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1922-02-13

For this section-Fair today and
colder by night; tomorrow far
and colder: fresh northwest winds
High ,ide tomOrrow-9:46 a. m.
1913 p. nj.
New-York tribune., 1922-03-12
Urge i. S. Aid Standardization
Society of Mechanical Engineers Proposes That the
Government, as Largest Consumer, Should
Cooperate With Industries

ments of Agriculture and Commerce
ComWunications. Railways, Military
Engineers and Naval Engineers. The
work is being pushed with vigor, in
vestigations already being under way
Oh metals, woods, bricks, screws, cleo
trio wires and electric motors.
'In Norway a national standardiza-
tion committee has been organized by
the Federation Of Norwegian Industries
and has taken up the Standardization
OF ship machinery and ship details.
National standardizing bodies now ex-
is. in Austria, Belgium, Canada, Czecho-
Slovakia, France, Germany, Great Brit
ain, Holland, Italy, Japan, Norway,
Sweden and Switzerland.
'In both Great Britain and Germany
national standardization is being car
ricd on ntensvely. German industries
are carrying out q farr reaching program
OF Standardization as a necessary step
in building up an unprecedented indus
trial structure, which must rest in
large measure on an extensive foreign
trade. 1t is being woven very init
mately into the industrial fabric Of the
country under the guidance of an or
ganization which functions very much
like the American Engineering Stand
ards Committee, and in its work 5000
German industrial firms are co-operat-
ing"
In this country, said the society, 145
national organizations are actively CO.
operating with the work Of the Ameri-
can Engineering Standards Committee
"The creation of uniform national
standards" it is declared, "means econ
omy for the producer. the consumer
and the country as a whole, and hence
activities which will accomplish this
desired result should be encouraged by
the government to the maximum cx-
tert -
New-York tribune., 1922-03-12
Crude Oil Exports
From L. S. Gained
10 p. c. During 1921
Gasoline, Illuminating and
Lubricating Oil Ship
ments, However, Show
Considerable Decrease

Exports of crude oil during 1921
increased about 10 per cent over the
1920 figure, according to an analysis
made by the fuel division of the
Department of Commerce. This in
crease is accounted for principally by
the larger shipments to Canada, which
We're approximately 301 100000 gallons
IN 1921, as compared with 272 OOO. 900
gallons in 1920. Shipments to Ger
many in 1921 amounted to nearly 49,
100000 gallons. while no shipments
were made to that country in the pre-
vious year. Exports to Spain decreased
from S.647,000 gallons in 1920 to g.
276.oo0 gallons last year, and our
trade with Argentina suffered SINH
larly, decreasing from 9,o36 5000 to O.
$4,000 gallons, of which 2,73O,OOO gal
longs were shipped during the month
of May and 10000 gallons in July.
Fuel and gas oil exports to France
Increased 80 per cent and to the United
Kingdom 40 per cent. Exports to Italy
decreased about 45 per cent, to the
Netherlands 20 per cent, to Canada Sc
per cent, and to Chile 55 per cent.
Comparative figures of the exports
during 1920 and 1921 to the countries
to which the largest shipments were
made are in thousands Of gallons:
New-York tribune., 1922-03-12
Printing Industry

The printing industry in Canada has
been active in advocating marking
law applied to imported goods, and re-
Gently the Typotheta conducted an
educational advertising campaign in
this connection. In a resolution which
the Toronto Club of Printing House
Craftsmen has sent to the government
the following appears:
Whereas, This club has learned of the
order-incouncil passed spending the
operation of the marking act of Canada
and recognizing the fact that TO extra
expense would be incurred and no diff
Guilty experienced in having the mark
Of origin appear on all printed matter
entering Canada; and
Whereas. Over s12,000,O0O worth of
printing entered Canada in 1921 for
different purposes for use by Cana
dans. and believing that had the mark
Of origin been demanded on this inn
port large portion of this printed
matter would have been manufactured
IN Canada, resulting in many thousands
Of dollars in wages being paid to Cana
dian workmen therefore be it
Resolved, That this club petition the
mem bers of the Cabinet at Ottawa to
use every means to have the marking
act Cat least so far as it applies to
printed matter entering Canada is con-
eerned) put into operation at the ear
hest opportunity at the next session of
lament"
New-York tribune., 1922-03-12
Peru to Have Reserve Bank
Institution to Function for Issue and Rediscount
Purposes Only; Will Aid Constructive
Financial Program

some instances in an effort to stimulate
buying, notably in the case of auto
mobiles and tires.
The downward movement in whole
sale prices has continued during the
month of Decem ber, according to the
report of the director Of the statistical
department of the Ministry of Public
Works In relation to the prices Of
1913 considered as 100, prices dropped
from 1875 per cent in November to 100
per cent in December. A pronounced
decline occurred in provisions and a
Lesser one in building materials,
Gle hides and caustic soda.
During the course Of the year 1921
Wholesale prices in Lima fell III Is
per cent; however, this slow downward
movement may be considered bene-
fetal one in view of the commercial
situation of the country. C. violent
and general process Of liquidation has
thus been avoided. Although in COM
parison with 1913 prices the present
ones are still high-ss whole, 80 per
cent higher-they represent in most
instances tremendous fall from the
peak prices of 1920. The most marked
decline occurred in textiles, which in
May, 1921, were only Is per cent higher
than in 1918, moving in December to 56
per cent. as contrasted with the 1920
figure of 318 per cent. Following tex
tiles come the metals and miscella- :
neous groups. On the other hand,
fuels and building materials have eX-
perienced insignificant declines.
Food Prices Still High
An influential factor is to be read
into the figures for the two principal
items of consumption, food and shelter,
which have not yet felt the expected
decline in wholesale prices. The fact
that these items together make up
more than two-thirds of the total
values in the index explains the con-
tinued high cost of living.
The coastwise shipping measures de-
signed to grant monopoly of the
trade to Peruvian vessels and the bill
introduced to impose prohibitive duty
on foreign shoes will be held over until
the July session of Congress.
New-York tribune., 1922-03-12
Tariff Discrimination

The Canadian Manufacturers Assoc
ION has made presentations to the
new Dominion government urging Off
eial action with Z view to securing the
remova! by the French government of
ne tarlf discrimination against Cana
dlan products, As compared with i'm
ports INTO France from the United
States
by treaty arrangement few Cana
IAN commodities are admitted to
rance under the minimum tariff rates,
oat on other Canadian goods much
nisher tariff rates apply. Imports into
france from the United States have
oeeh specially exempted from the last
Increases in the maximum tariff duties.
Inc result is that France levies duties
on Canadian products which are from
Two to three times as high as the i'm :
ports on similar goods from the United
States.
1t IS claimed that, among others. the
following Canadian products now suf
,er under this tariff discrimination F.:
wrought iron, iron bar, steel bars,
tuDes welded or not, furniture, pianos
and organs, Photographs. varnshes,
macnlne tools, locls, many forms of
hardware. metallurgical alloys and
substances, spirits, valves, brass goods
o. iHipleLneHl pdItS, SHd1 Us
screws, bolts, link betting and spark
plugs.
lhe recent increase in the French
general tariff duties was intended as a
protection for French industry against
imports from countries of deprecated
currency, and as Canada's currency
was not on an effective gold basis-as
IN Indicated by the premium on United
states funds-the Dominion has been
placed in an unenviable position.
1t should be understood that Cana
dian goods other than those covered by
treaty are not subject to the full maxi
mum tariff rates of France, nat to spe-
eis% rates which represent the mini
Inum tariff rates, increased by so per
fent of the difference between the
faininum and maximum tariff duties.
Rut even SO, Canadian manufactures
New-York tribune., 1922-03-12

sue. as valves, are charged two and q
haii times as much customs duties as
IS IS ievied on similar goods from the
united States. This discrimination ia
regarded as especially unfair in view
or the marked Improvement recently in
canadian exchange and the close an
proximation of the Canadian dollar to
gold value. w
The Meighen administration, which
was defeated at the last general elec-
tion IN Canada, was unable u obtain
iellet IN this matter. but should the
improved position of Canadian ex-
chahge be maintained the Dominion's
case, when submitted anew to France
by the government of Hon. w l. MAJ
kenzie King will be greatly strength
oned.
New-York tribune., 1922-03-12

The extra session Of the Peruvian
sta nding Importance to the adjustme ent
Of Peru's more pressing financial PROB
lens, according to advices received BY
the United States Department Of Com
passage Of bill establishing the new
Federal Reserve Bank Of Peru, an
achievement which represents the sue
cessful outcome Of long and difficult
negotiations for the purpose of recon
Cling the points at issue between the
government and the bankers. The new
plan insures an institution which is
made satisfactory on the whole to the
local banks by removing the objections
presented by them to the organization
of national bank, which was to be
known as the Banco dc la Nacion Peru
ana
Unless further modified, the bank
will be one OF issue and rediscount
only, and will be under the virtual
control OF practical banking men. there
fore it will not be subject to political
influence. On the strength Of the
agreement reached, the local banks
have already advanced the government
100000 Peruvian pounds, and another
advance Of 100000 pounds will be made
banks will provide funds to take up
the floating obligations of the govern
ment. totaling something over 1000, 900
pounds.
The effect of this agreement on the
general business situation cannot be
overestirnated. Establishing as it does
complete harmony between the govern
,nent and the banks it will finally make
possible the execution Of Il construc-
tive financial program.
Revised Budget Approved
The second accomplishment credited
to the closing session of Congress is
approval of the revised budget for 1922
fixing the estimated national eXpendi-
ture for 1922 at 6.0O0,000 Peruvian
pounds. This amount, it is considered,
will be fully covered by fiscal revenues.
1t is pertinent to note in this connec
tion that official figures just issued on
customs reccip for 1921 indicate that
1883, 069 Peruvian pounds were col
lected or imported merchandise, OK
from which for the first quarter OF
There has been tremendous falling
off in customs receipts since July, 1921
In spite of the insignificant volume Of
imports now being received, it is be-
lieyed that Peru's trade balance is still
unfavorable, as exports have also been
extremely small during the last quar-
ter.
Bank clearngs in February were
considerably larger than in January
and the Peruvian pound has strength
ened somewhat in relation to dollars,
reaching a new average level of $3.50,
while sterling commands 20 per cent
prem ium.
Wholesale Prices Slowly Decline
The general situation III Peru may be
charac actcrized as one Of continued dull
ness, owing partly to the fact that the
symptoms of recovery previously IN
evidence have been Offset temporarily
by midsummer slackness of trade.
Price cutting has been resorted to in
New-York tribune., 1922-03-12
consumers Again Are Turn
ing to the Higher Grades
After Being Disappointed
by Cheaper Merchandise
Want Service Above All
M aterials We're Being
Built Down to a Pre-.
conceived Price Level

AuALlTY in merchandise is
~ coming back During the 's
war when substitutes were
necessary, following the war when
'he so-called shortage of goods rem
oereo almost any kind of merchan-
olse passsble. and during the period
OF declln'ng prices when Enc nrime
essential IN merchandise was to oe+
u lower priced than the then prevail
ing price level, the quality standard
IN many of the common articles Of
trade deteriorated to a great extern.
Now, however, although the Low
price incentive is still strong. there
mas begun temperance of the de.
mand for merchandise containing
the utmost in quality that is nossihle
10 build into it at current nr;ce
levels.
Manufacturers who have adhered as
closely as possible to quality stand
ards report that their merchandise ;s
coming into larger demand. In this
the maintenance of brand names has
prayed large part, for it is almost
suicidal TOR manufacturer of anv
widely advertised branded merchandise
to cut down on his quality.
Business men who have watched the
quality trend for Some time ara noi
surprised at The turn in events, which
although barely perceptible as yet. has
been somewhat longer in coming about
than many expected. The basis of
argument on the question runs some
What in this manner. In period of
distress, when purchasing power de-
clines, merchandise is built down to
preconceived prico levels In other
words, the demand for suit of clothes
at $26, pair of shoes at $5, hat at
81 and so on. exists by virtue of the
TACT that many consumers cannot af-
ford to pay more for these necessities
Of life. To meet this demand quality
is sacrificed, The goods are adver-
tised at these so-called popular levels
and many consumers, who could afford
New-York tribune., 1922-03-12
Answers to Bankers
Favor Arms Treaties
Association Sent Memorials
Urging Ratification TO All
u. S. Senatorss

Many favorable replies from United
States Senators, it was announced AZ
the Offices of the American Bankers
Association in this city to-day, have
been received to the memorial sent
each Senator on Tuesday by the Com
mercc and Marine Commission of the
Association, urging ratification of the
Limitation of Armament treaties with
out "inconsequently and discrediting
reservations"
The memorial was forwarded to the
Senator'S by Fred I. Kent, Vice Chair
man of the Bankers Trust Company of
New York, who is chairman Of the COM
mission 1t reads as follows:
"Finaly believing that the results of
the Washington Conference on the
Limitation Of Armament as embodied in
the treaties now before the United
States Senate represent the universal
desire of intelligent public opinion def
nitely to lessen the probability of war
and reduce the heavy burdens of taxa
tion which constant preparations for
war involve to minimize wars horrors,
should armed conflict between nations
ensue, and, in general, to turn energies
into productive channels and effectively
promote tndL am lChDIc UNDERSTANDING
among nations absolutely essential to
the worlds economic y recovery, the
Commerce and Marine Commission OF
the American Bankers Association
respectfully urges, in the most en-
phatic manner, each member Of the
Senate by his vote for ratification of
the treaties and without sequential
and discrediting reservations to uphold
the President of the United States and
the Secretary of State at this time in
pedging Americas full part toward the
attainment of greater good for hu-
manity through well-based assurance
of honorable and continuing peace"
New-York tribune., 1922-03-12
American Liquidaiions
I'm Chile Advised Now
Commerce Department Draws
Attention to Favorable En-
change Moyemen;

WASHINGTON, March l1.-American
business men having accounts in Chile
were advised to-day by A. j. Woke,
chief of the Department Of Commerce's
division OF commercial law, that the
presen. is "most opportune time" for
liquidation, owing to the recent i'm
provement in exchange.
Mr.. Wolfe said he based his adv,"e
on "a cable from Trade Adviser Nc
Queen, at Santiago, declaring tnat the
favorable movement in exchange was
continuing and that the peso the Chill
can monetary unit, had reached value
Of II cents in American gold last Tues
day. The Chilean peso has normal
exchange value Of 36hs cents
The decline in exchange between the
United States and Cnue during tne
last two years has resulted in the pill
ing up Of millions of dollars Of &C
counts,
New-York tribune., 1922-03-12
noe Manufactures

The Shoe Manufacturers Associa
ton of Canada, at its third annual
meeting, which was held in Montreal
recently, adopted the following reso-
luton:
Whereas, There is growing desire
on the part of the buying public to
give q preference to Canadian products
in order to promote Canadian indus
trial development and provide employ
ment for Canadian workers;
Whereas, 1t is in the national in
terest that the public should know
whether the goods they purchase are
Of Canadian or Canadian produc-
ton;
"Naareas. The provision of some
means of distinguishing readily be-
tween Canadian and impo rted footwear
would help to secure proper recognition
Of the splendid qualities and reason
bic prices of Canadian made shoes:
and,
Whereas. Administrative considera-
tons indicate that there would be seri-
Gus difficulties in requiring all goods
Tade in Canada be marked rs of Cana
fan manufacture and that a mark
ne law can be more easily and eco
nomically applied to imports; there
fore. be it
Resolved, That this association urge
The government of Canada to require
that all footwear imported into the
Dominion be marked with all indica-
tion Of the country of origin"
1t is generally admitted that some
Of the marking law regulations as
issued under authority of the former
government were considered. But
the principle of requiring that import
ed goods be marked with an indication
Of the country Of origin appears to
De gaining in favor and the law may
vet be enforced with new regulations
TO meet the more serious criticism,
New-York tribune., 1922-03-12
Financial Items

Mcclure, Jones & Reed members OF The
New York Stoch Exchange. announce that
they have opened branch office at 55S
Fifth Avenue. between f'orty-hSth and
Forty sixth streets. under the management
OF James G. Marshall
The Imperial Ottoman Bank announces
the opening of sub-agency at Hamadan.
Persia, in addition to the agency recently
opened at Ramallah. Palestine
New-York tribune., 1922-03-12
Could Haze Paid More

"hen the goods fail to give salts.
'actlon 1T is the consumer who could
nave a"oroed to pay more who regis
'crs the most violent complaints. The
poor man or woman, who was restrict
ed by income and necessity to taking
the lowest priced article available ,s
usually satisfied with the bargain. At
ieast this is the experience Of several
retail merchants, who recently have
commented on this phase of business.
inc reaction sets in when the con
sumer whose purchasing power is
abovc the leve! of prices that he paid
Tor goods becomes dissatisfied A no.
table example of this has come about
IN tho mems clothing trade, where the
gneral dissatisfaction with the wearing
Qualities of soft-faced overcoats sold
during the past winter reached the
point where joint committee Of retail
clothiers, clothing manufacturers and
textile manufacturers was appointed
to dclve into the matter. Thousands
of overcoats that showed wear within a
short time after being purchased by
the consumer were thrown back at the
retailers for adjustments. In some
cases the retailer succeeded in making
an adjustment in turn with the cloth
ing manufacturer. The lattca, On IA
turn, was able only in rare instance. 20
get any allowance from the cloth man
ufacurer for the poor wearing quality
Of the goods.
Shoe retailers have found the same
trend in their business. 1--WE never
had SO many complaints about poor
quality as we have had in the last six
months" said ono retailer recently.
"Truthfully, ] can't say that blame
the consumer for kicking. Some ex-
trcmely low quality leather and work
manship have been put into footwear
in order TO bring it down to the price
level that consumers were demanding.
Who is to blame?
"We, the retailers who cater to the
volume of business, found our trade
slipping away from us if we held to the
old qualities and the prices those quail
ties demanded. There was only one
course open to us. We had to lower
our quality standards to get into the
price range that our customers could
afford, or thought they could afford to
pay We couldn't tell them fatty that
the shoes we were selling would not
wear we'll.
"Neither can we blame the manufac-
turcr for producing such goods. The
demand was for lower priced shoes and
he had to make them if he wanted to
cell anything.'
G1o Kont Tin 0,suI.f.
New-York tribune., 1922-03-12


NV the late Parliament was modelled
ofssr provisions in the United States
4.r;a act of 1909, which have been
.,ntinued in later legislation and still
are in operation.
The Dominion government has now
nofore it a recommendation that il
cnforce the marking law of last ses-
s;on but in such way as to avoid
useless expense or injury to goods, and
hat it consider the advisabilitv OF
waving the 10 per cent penalty duty
FOR which provision is made in the
present act.
some of those who oppose compul-
sorry marking OF imported goods to in
d:cate the country of origin have
urged that clear distinction between
imported commodities and those of
Canadian production would be pro-
vided. il Canadian manufacturers
would mark their products MADE in
Canada"
Although to a rapidly increasing
extent Canadian goods arc being
marked as of Canadian production,
nevertheless any proposal 20 require
use of some standard made in Can
ada mark would be open to serious
administrative objections. BY reason
Of the thousands of producers, great
and small, and difficulty in restricting
the use OF an approved mark to those
ligitimately entitled TO employ it, a
domestic marking law is regarded by
many as impossible of practical en-
forcemeDt
New-York tribune., 1922-03-12
Canadian Sentiment for
Marking Law Is Strong
Present Act for Des ignating Country of
Origin ON Goods Is Opposed in
Application Only
Special Dispatch to The Tribune

TORONTO !,
LTHOUGH importers
~ from the new Canadian
the Ia" until after the close of the approaching session
Dominion Parliament and although
law would &c repeao nevertheless the new
Of the marking law has disputed but vsro
proposals for the practical application that pncn
New-York tribune., 1922-03-12

The high point in the 1921 trade was
in the month of January; however, this
was nearly counteracted by the depres-
sions of May and November.
The 1921 exports of illuminating oil
decreased Ia per cent from the total of
the preceding year. The principal coun-
tries to which shipments of illuminat-
ing oil were made during the last two
years and the amounts to each are,
lh thousands of gallons:
New-York tribune., 1922-03-12

Only in the months of June and Oc-
tober did the 1921 trade exceed that of
1920.
Shipments of lubrcating oil in 1921
decreased about 80 per cent from the
1920 figure. This decrease is accounted
for principally by the smaller ship
ments to France and the United King
dom. Shipments to leading countries
in 1920 and 1921 were in thousands of
Gallons.
New-York tribune., 1922-03-12

Halsey, Stuart & Co., Inc, are offer
ing at S6ss, to yield about 70 per cent,
s1O0 900 New Jersey Power and !Acht
Company first mortgage per cent
bonds, due 1886.
New-York tribune., 1922-03-12

This decrease of 80 per cent In tne
exports OF lubricating oil during 1921
was general throughout the year.
Gasoline exports during 1921 were
30 per cent less than in 1920, shipments
to every country showing decline, ex-
cept those to Brazil, which increased
very slightly.
Principal shipments were, in thou
sands of rallons:
New-York tribune., 1922-03-12
Argentine Goods Demand
Shows an improvement
The Volume of Bus iness Failures Is De-
creasing; Movem ent of Wheat Is :
an Encour aging Sign
BUENOs .AYRES. February Is

RoADLY speaking the
IN the hands of foreigners The himself
still
foreigner while he devo
plays
disasters to the staple not known