davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-02-14
Industrial situation Worse.

IT shall undertake to call attention to
the condition of some of the leading
industries of the country, to show that
in my humble opinion the situation is
far worse in the country at this time
taken as a whole. and by no fault of
Congress, I might say, but by reason
Of economic conditions which must in
evitably have come after the war, and
which did come-that the situation Is
worse now than It was six or eight
months ago, and we are less able to
meet this situation, and at the same
time take care of the obligations which
we owe to the country. than we were
at the time the President delivered his
message.
vTake, for instance, the letter Of Mr..
Mellon, the Secretary of the Treasury.
am not going to discuss Mr.. MELONS
theories about things. Men may differ
in their views upon public questions, but
he states certain facts with reference
to the Treasury and the condition o.
the Treasury and the financial situation
OF the country which are stronger and
more impelling than the facts which he
stated in January. 1921.
First, he contends that there must be
a net reduction below tho budget es-i-
mate within the two years OF 1922 and
1923 or we will have deficit OF $780,
100000. This is the situation so far
as the primal facts with reference 20
the Treasury are concerned. After the
estimates are submitted we nre facins
deficit Of $500. 900. 900. DO Senators
think they viii be reduced7 who does7
We will not have deficit OF $500. .000.-
900 II he IL correct; We will have n
deficit OF Oo.O00.OO0 or more II he is
correct.
For instance. his estimate did no.
take into consideration the fifty million
dollars which was asked by the Shipping
Board for the settlement of claims. II
did not take into consideration the
seven million dollars for the grain cor.
poration on account Of the Russian re-
lief. II did not take into consideration
tho five million dollars for the blesse I
Colombian treaty. and II did not talSr
into consideration the fifty million dol
lars on account Of additional compensa-
tion 10 Government employees. Here ~
sum OF 112,OOo,000 which was not
included in the estimate which must be
reduced as presented or we will be
facing n deficit OF 5000. 900, 900.
II say IL is very serious thing. when
the people are bearing about all they
can bear in the way OF tax burden.
TO advise them as that the worst is not
here yet. that we must increase our
taxes and increase the burden without
taking into consideration the larr-e srim
which we are proposing to cover by this
bill.
Further he said:
The sources Of revenue are drying up
The New York herald., 1922-02-14
old Practice I'm Europe.

Old Practice I'm Europe.
"That is the doctrine Of Hessianism: /:
that is the old practice in Europe, of
hiring paid soldiers. and / think IL Is
infinitely more complimentary to the
soldier to say. We tender you this out
of the fullness of our treasury and out
of the fullness of our hearts, rather
than to say, We have fixed dollar a
day compensation upon your services as
a soldier SO I say, Mr.. President, that
between the two I prefer gratuity.
"But where are you going to draw
the line in this situation in which we
find ourselves? You know quite as well
as I do that thousands OF people who
were not drafted into the army never
theless performed valuable services for
the Government. services without which
the war could not have been won, and
who are in Just as distressing condition
financially as the soldier may be, or
any one OF them.
'will you permit the mother 70 pur-
chase Liberty bonds at time when sf1e
could not afford TO do 80 and who has
since been compelled to forfeit them or
TO sell them at n lower figure, and who
now may be in want or indigence ard
who, perhaps, may havs children depend
ent upon her. will you permit her to
suffer, to 80 hungry and even to starve
and at the same time to dole out to ari-
other who performed an equal service In
the war, but no greater. $500 from the
public treasury. who may not need It
at all2
"You say adjusted compensation
Adjust for what? For service In the
war. Where are you going TO stop
Did nobody render any service except
tho rppu who was conscrfpted?. Did not
thousands Of citizens render equally
good service. and are they not now in
need OF your help? When you begin 10
appropriate from the public treasury for
indiscriminate distribution there is no ine
that I know of on the l,itler side of turn
ing the treasury over TO those who have
the most votes"
Senator Jones: "rhe Senator. OF
course, does not overlook the fact that
in the legislation which was provided
for the recruiting OF men for the service
| in time of war there was something over
| 1000, 900, each ono of whom was sub
3ect 70 the call of MS country. and to b
The New York herald., 1922-08-17
SECURITIES AT AUCTION.

a shares Chicago. ST. Paul. Minneapolis 4
Omaha Railway Co. pf, 500 each, sss pa'
share Columbia Trust Company. s1oc.
1sS shares Tidewater Paving Brick com'
pany pf. 500 each sio lot pr,c,, comnanu
common, 500 each. W lot.
4 shares Central Railroad Company OF New
Jersey soo each Siss PER pWeoa Company
500 each, Si0sis per share.
s. 900 National Employment Exchange ceru.
OF Contribution, 81 ,025 lot.
3605 shares Stutz Motor Car Company.
Inc, no par, S23 TO S23iz per share
ie5 shares Pease Behning Piano Company.
20 ,''st' shares res Tinted Message Company. 500
each, SO lot
100 shares SHOWS Fountains Holding Cor
poration, 50 per share.
500 Hicks Parrett Tractor Company
per cent. bonds, due 1925 November !.
1921. and all unmatured coupons Attached;
81 900 Hicks Parrett Tractor Company
per cent. bonds. duo 1873; November ],
1921 and all unmatured coupons attacnedS
$1,000 Hicks Parrstt Iraetor ,aee. atbsr ooInpany
in2l and all unnatuged coupons attached:
s3,50o Hicks Parrett Tractor Company 8
per cent. bonds. due 1927; November l.
1921. and all unmatured coupons attached
$4,000 Hicks Parrett Tractor Company .
per cent. bonds. due 1881; November !.
1921. and all unmatured coupons attached
ST. 900 lot.
si2. 500 Producers Coal Company 8 per cent.
bonds. due 1881. $4,000 lot.
100 shares Wilson, Roberts Monroe, Inc,
common. 500 each; 80 shares Wilson;
Roberts 4 Monroe, Inc, common, SlOo
each; S2G0 lot
sos shares Slate Creek Mining Company.
Inc, 500 each, 81 lot.
$50 600 Durham Coal and Iron Company
first mortgage per cent % year skg.
fund gold bonds. due January !. 1888;
july 1921. coupons attached. 81 900 each:
5000 Durham Coal and Iron Company
per cent scrip certificates. due January
i, 1915 issued in payment for the coupons
from above mentioned bonds OF January
and July i. 1911. and January and
July l. 1915; 360 shares Durham Coal and
Iron COMPANY commons $500 lot.
% 600 shares Little Cottonwood Transports
lion Company pf 29.750 shares Little
Cottonwood Transportation Company com
mon. $50 lot.
The New York herald., 1922-08-17
WHEAT UP AS TRADE
OUTLOOK BRIGHTENS
Export Buying, Covering by
Shorts and Investment Pur-
chases Lift Prices.

CHICAGO. Aug. l6.-Wheat rallied
somewhat to-day from yesterdays de-
preston. most traders assuming that the
industrial outlook was better. Prices
closed steady, X to sc. net higher. with
September Sl.007s to Si.01 and Decem-
Der sl02B to sl.034 Corn gained u
70 ss 70 &C., oats finished unchanged TO
a shade lower and provisions at &c. de-
cline 10 7c advance.
With coal mines reopening In many
sections and with strength in the stock
market taken here as indicating more
likelihood OF settlement OF the rail
strike. buyers OF wheat developed lit
tie confidence and there was absence OF
any great pressure TO sell. Considerable
purchasing was said to be for seaboard
account and against export business.
Besides. shorts covered and there was
some investment buying. Millers, too,
displayed more interest
1t was estimated that 100000 bushels
OF wheat were taken for Europe. For
eigr crop reports were generally con-
stried unfavorable, and decrease OF
1862, 900 bushels for July In the worlds
available supply was contrasted with
l,1i5.000 bushels increase last year. An
additional bulfish factor was the strength
OF corn as a result Of hot weather. On
the OtneT manu. tdSn WUtaL pTCIniuIiS
collapsed late In the day. with premiums
for winter wheat of / cent and for new
spring wheat to cents.
Crop damage reports, especially from
parts OF Kansas and Nebraska, had a
bullish effect on corn, although partly
Offset by word OF rain in Illinois. Oats
were easier owing 10 enlarged receipts
here.
Export sales OF 100000 pounds OF lard
helped to lift provisions.
The New York herald., 1922-08-17
Novelty Leather Goods.

Fall business in the fancy and now
city leather goods trade issprogressing
slowly. Statesmen are on the road with
the sample lines and are booking a
small but steady volume Of orders from
retail merchants. The railroad and coal
strikes seem to have caused some un-
easiness among retailers They are buy
ing from hand to mouth and manifest no
inclination to commit themselves beyond
their actual requirements. Their policy
of keeping stocks low, one manufacturer
believes, indicates that there will be an
increase in business later in the season
when substantial consumer demand
develops. Cowhide brief cases are In
active demand. Prices so far have not
been changed. but 1t is said that If the
hide and leather markets continue to
rise manufacturers may be forced to
advance their quotations
The New York herald., 1922-08-17

ELwpDp. Erspk j.. and Nati6saE ~ = 4
Surety co.--Same; June 2S. 1920
tvacated) ACKNOWLEDGEMENTS. o,OOOou
TONG. Wong. and National Surety
co.-Same. July TO- 1879 tva-
cated) ......+....-...... oVoU
LANZkE, Gustave A., and Ma
fional Surety Co.-Same; Jan.
IL, 1922 lvacated) )................ 2,b0oc0
OfBOYLE, John. and National
Surety Co.-People. &C.: Jan. 20.
1921 tvacated) .............+..... 2,00Q. 90
O'HAGEN, Stephen. and National
1 1SacatedS ...'..'..,.'.........,.. SAM - - -. 10000
BRUNO. Thomas, and National
Surety Co.-Same. Feb. "a 1919
tvacated) ACKNOWLEDGEMENTS. 10000
co.-same; Oct. I. 1918 eracatedi. 10000
DANENIfAUER. Joseph L.. and
National Surety co.-Ssme. Oct.
Z, 1919 (vacated). d)..,.............,. 1000. 90
STONE, Lee, and National Surety
Co.-Same; June I. 1920 (va-
ehtedl ACKNOWLEDGEMENTS. 2,cOD.U
Gated % y " ............ ~ 1000 90
MITCHELL. John. and National
Surety Co.-Same; Oct 3. 1920
(vacated) ACKNOWLEDGEMENTS. 100000
BRONX COUNTY.
DAY. Leonard-N. Y. Telephone
Co.: Aug. i6, 1920. ............... e4. .06
The New York herald., 1922-08-17
BUSINESS NOTES
4 AND TRADE NEWS
Jewelry Trade Thinks Busi-
ness Will Be Better in
Autumn Season.

The jewelry trade Is sanguine regaru-
ing business in the coming fall season.
Leading jewellers believe that a season
more active than last year Is confront
Ing them. The consistent Improvement
In general business conditions and bet
ter crop prospects, bo,,- 'f which make
for enhancement of consumer purchas-
ing power, is expected to sref1ectad
in a livelier call for jewelry. among
other commodities. Although retail
jewellers expressed themselves as con-
fident Of a better demand fer their
merchandise in the coming autumn.
most of them have done little buying
in preparation for this expectant busl-
ness. Manufacturers representatives
are on the road calling on retailers
and are booking a small but steady
volume OF orders.
The New York herald., 1922-08-17
Leather Betting Trade Gains.

The leather betting trade has under
gone considerable Improvement In the
last month. July was the best month
so far this year with one large manu-
facturer. and from present indications
business this month will be better Ex-
port business has shown material inn
provement. China and India are buy
ing heavily of betting, while increasing
business Is being received from other
countries. One manufacturer recently
advanced his prices about 10 per cent.
In order to cover the increased costs
which he has been forced to meet in
the primary market
The New York herald., 1922-08-17
To-day's Radio Program
(Tune to $50 meters)
STATION WIZ. NEWARK.
tWestinghouse).


twestinghouse).
90 10 7:3o-"Iack Rabbit Stories" by
David Cory. New York Evening Mail.
STATION wwz, MANHATTAN.
tNanamaker).
1915 p. M-New Music, played by yrtuosi
for tho Amplco; Capriccio Brililante.
Mcndelssohn. played by Olga steeb; waits
IN - major. GlRzounow. played by Nadia
Reiscnbcrg. butterflies. Rosenthal, played
~ Elizabeth Winston.
lao Y. M.-song Recital BY Edward u.
40 Il. M.@.vosue's" Paris Gable on FASH
ion, ~ courtesy Of Mast Publications: sub
ject. "New Furs for Autumn and winter
10 y. M-New Vocal Selections sung for
the victrola for August.
STATION KDKA, PITTSBURGH.
Cwostingfionse).
600 r. M.--Weekly Health Talk, How "a
Keep Physically FIT Throueh Systematic
Exercise" By Harry Greb. champion light
heavyweight From pitis5 irgh Post studio.
90 r. M.-"Home Furnishing, Modern and
Practical" hy Miss Harriet Webster Of
the Joseph Horne Company, Pittsburgh.
united states Public Health Service Semi
weekly Broadcast. From Pittsburgh Post
soo@F. M-Marpery Maokay, sopranos
Richard +. CASTOR. baritone; Isabel
Palmer, pianist, and Robert Arthurs, vbo-
lin.
STATION wvr. FORT WOOD. n. y. G.
tsignai Corps, Y. :. A.
$50 r. M.--1nstructlon In Radio. Ampico
q ,o0 = M.-rvening Mail Concert under
irecsion Of Charles ~ isaacson.
STATION wGy, SCHENECTADY, ~. y.
General Electric Company.
IL 80 + M.-Noon stock quntatio
600 r. N.--prohuce and stock quotations:
baseball results; news bulletins; results OK
races al Saratoga Springs.
1.A5 l.. M Concert program; Farnl's Or
chestra3 Elmer Wicse. basso; Cechs Che-
minade, Duo-Arts ~
The New York herald., 1922-08-17
Garment Business Improves.

The cloak and suit manufacturing
trade has undergone Improvement In the
last few weeks. Most Of the business
received Is transacted in the showrooms
Of the individual manufacturers, al
though there is some buying at the
Merchandise Fair. Buyers are said to
be in a more anticipatory frame Of
mind and are better disposed to place
orders to cover their probable require
ments for a long period. In retail cir
cles there is little inclination to proceed
with fall merchandise until stocks Of
summer garments have been entirely
llquidated. Retailers believe that an
active consumer demand for fall apparel
is approaching.
The New York herald., 1922-08-17
Moderate Demand for watches.

Activity In the high grade American
watch manufacturing trade has mod
Grated somewhat In the last month.
Business in May and June with fore
most producer was described as very
good. but a slackening in demand was
felt in the early part of July and stu
continues. The railroad and coal strikes
have begun to exert an unfavorabe
Influence on the watch business. De-
mand for the No. 12 or popular size
watches, continues active. while wom-
ems bracelet watches are also moving
regularly. Octagon and other shapes
in watch cases are popular.
The New York herald., 1922-08-17
FINANCIAL NOTES.

The Columbia Trust Company has been np-
pointed transfer agent of the first preferred.
second preferred and common stock OF the
East Penn Electric Company.
Tho Columbia Trust Company has been ap-
pointed registrar of the preferred and COM
mon stock of the Combustion 6pecialties
Corporation.
The New York herald., 1922-08-17
CHICAGO PRICES.

September ;. os5 9s5 9s5 9.s5 o.s7
WIIEAT-No. Northern spring. St.5l: No.
.. red. Si.i6ik No hard. Si.19h; No. !
Manitoba. Si.31h No. mixed durum, Sl.2o
G. T. I. track New York.
cORN-No. yellow and No. white,
size: No. mixed s0sic. c. l. I. New York.
OATS-No. 2 white. A. to 45c.; No. white:
43c.: No. white, Al to 42c.: fancy clipped
white, Bic; ordinary clipped white. 46 70
49c, all elevator.
RYE-No. Western s6&c. I. 0. D. ana
s5itc C. 1. Z. New York export.
BARLEY-Malting, 60 TO I3c. C. !. T. NeU
York -
HAY-No. 1. s2s TO $50; No. 2. s26 to s2f
The New York herald., 1922-08-17
U. s. LAND BANK FARM LOAN BONDS

tied. Land Bank Farm Loan
5s Nov, 1871 op, 81 ,.,....l0ih f0ih 40
tied. Land Bank Farm Loan
5s May, f94i op. ai..... .l0fA 10ih 40
t1red. Land Bank Farm loan
5s May, 1888 op. 23,f 1904 10oN 4.25
tied. Land Bank Farm Loan
AS. May, 1892 op. 3e...1of 1ofh 4.35
AIS. May MAY, 1883 op' aa..'.. pox 1ooA 40
tied. Land Bank Farm Loan
alss. Nov. 1883 OF. %. ooA 100h 4.30
tied. Land Bank Farm Loan
AVS. May, 1887 op. 22...... 0oM 1904 4.30
tNot listed on New York. Stock Exchange,
The New York herald., 1922-08-17
PHILADELPHIA.
NEW YORK STATE BONDS.

Yield
BID. Ask. Ab't
tCanal Imp. High. Imp. s..
Jan. and March, 1D22-30.. 40 400 ..,.
fcanal imp.-High. Imp. 30.
Jan. and March. 193i-s0... 40 3.9o ....
nal imp High. Imp. bs.
Jan. and March, l0if-71... 40 800 49,. .
The New York herald., 1922-08-17
FOREIGN MARKETS.

LONDON, Aug. l6.-Tradlng was quiet and
prices were steady the Stock Exchange
to-day. Quotations were as follows:
Bar silver. 35d per ounce.
Bar gold 92s. Sd. IS
Money, per cent.
Discotn rates-short and three month
bills, 1-16@2h per cent.
2ih per cent consols, bSh.
British per cent. loan, 100A.
British IA per cent. loan, 97x.
De Beers, 10.
Rand Mines, 2%.
The New York herald., 1922-08-17
INTERIOR RECEIPTS.
EXPORTS FROM NEW YORT

wheat. s4 9S5 bushels. rye. II .42s bushelN
flour. 900 sacl,s, cornmeal. 100 sacks. pork
/ ass barrels. beef. 125 barrels: bacons,
/ $50 800 pounds: lard. 2,uoS,soo pounae a., !,
SO 200 pounds; cottonseed OIL, -V,vv
n,,1.rds. luhricafing oil. 5.O00 gallons.
The New York herald., 1922-08-17

PARIS, Aug. 16.-Prices were firm the
Bo,rse to-Say. Quotations were as follows !:
Three per cent. rentes. 59f. 40c.
Exchange on London, 56f. &c.
Five per cent. loan, 75f. Soc.
United States dollar, t2f. $500.
The New York herald., 1922-08-17
CHEMICAL STOCKS.
JOINT sToCK LAND BANK BONDS.

JOINT STOCK LAND BANK BONDS.
Yield
Bid. Ask. Ab't.
Chicago Joint 3. l.. II.
btss, Nov. 1851, op. al. .loiM 1oe 4.s5
tJoint Stock Land Bank 5s.
May, 1919, op. "a. 90 1ooh 500
fJoint Stock Land Bank IS.
Nov, 1893. op. '23. ........ 90 1O0h 800
fNot lated on NAN York Stock Exchapgss
The New York herald., 1922-08-17
UNITED STATES TREASURY STATEMENT.

specia Dispatch YoEK rTnnnp.
New York; Herald Burea
WashIng ID O.. Aug 10.
The New York herald., 1922-08-17
Business Troubles
PETITIONS IN BANKRUPTCY.

The following petitions in bankruptcy were
filed yesterday in United States District
coWsEN HOSIERY CO.. NC. ia East
Twenty-third street-Involuntary: Malcolm
@. Hutchison, s25 900, claimant: LIABILITIES
estimated 500, 900; assets. $4,000. Oh
colt. Bonygne. McManus Ernst. 10
Broadway, attorneys for petitioner.
PIKE & PERo INC, gents furnishinss.
1898 Broadway-Involuntary Jacob Cor,
Broadway. attorney for petitioner.
JULIUS G. LENA. no occupation. ITO West
Sixty-nlnth street-Voluntary Liabilities.
$2,20i. assets, 500. Thomas +. McCor-
mick. i54 Nassau street. attorney for
bankrupt.
APEX STEEL CORP. steel products. so
Church street-Invoiuntay; Matthew M.
Proujansky. Si,f24. claimant. Max Rosen-
berg, 26l Broadway. attorney for petit
BENJAMIN SIMON. 2o74 Arthur avenue.
Bronx. no occupation-Vountary; liabili-
ties. ss25; no assets. Leo schafran. 81
Chambers street. attorney for bankrupt.
THERESA f. AND EMANUEL S. ROSE.
trading as s. Rose 81 Maiden Lane, busi-
ness not mentioned-voluntary: liabilities.
$l3,0il: assets $20.4T4.
MAX WIENER. formerly trading as
Straightline Dress Company. 457 Sixth ave-
nue-Voiuntary; liabilities. sl,476; no as
CARL AcRERMAN, clothing. 2os Greene
SCHEDULES IN BANKRUPTCY.
The following schedules In bankruptcy were
filed yesterday In United States District
sANDLER. INC. millinery, 4s West Fifty
seventh street-LiabIlities, 2,s5s; assets,
THEoDoRE GoDoFsKY. ss4 Broadway. no
business or occupation given-Liabilties.
The New York herald., 1922-08-17

land. Slq15o Jersey, $50 lbs. sl25al s5
Jersey, No. =, 5od I5c.; Long Island. bbl.
$2n2 $50; Long Island, sack, $id2.3b, Long
Island. $50 lbs. S1.6012. Sweets. Jersey.
basket S1.T5d2.25; Eastern Shore. bbl..
S4.50a5 Delaware and Maryland, basket,
20c. ISL 80; North Carolina, $3.5ol4. Yams,
Jersey, basket, 81 .J0n2.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1922-01-13
FOUR MEN KILLED AND
OTHERS ENTOMBED AS
RESULT OF MINE CAVEIN

SCRANTON, Pa, Jan. 13.---(A. P.)
-Four men were killed, several others
are believed to be dead, and an un-
known number entombed as the result
of cave in the National mine south
of here The miners who escaped said
the number behind the barrier was
about twenty.
Three Blocks Subsidcd.
SCRANTON, Pa, Jan. 13.-(U. p.
The most disastrous mine cavein in the
cily's history occurred today. Three
city blocks on Pittston avenue sub
sided The loss of life is unknown.
Miners emerging from the mine have
knowledge Of four dead and three in
jured,
The caven occurred over the
workings. of the Glen Alden Coal
company. Tons of material dropped
into the gangways and blocked the
chambers whore the miners and la
borers were working. Rescue work
has begun but the company with
holds information as to casualties
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1922-01-13
HAYS EXPECTS TO RESIGN
HIS POSITION MARCH 4

WASHINGTON, Jan. 13.-U. P.)--
Postmaster General Hays says II is
very probable that he will resign
March 4 to become legal adviser to the
motion picture industry.
Official announcement of the res
ignation is expected within few
days. The white house sources in
innate that Walter s. Dickey Of
Kansas City is seriously considered
to succeed I1avs.
Others mentioned as a successor
are John 7. Adams, chairman Of the
republican national committee. Scna-
tor New of Indiana, Director Of ihc
Budget Dawes. and Chairman Lasker
of the shipping board.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1922-01-13
|C|TY Of RHEIMS MAY
Be REBUILT IN 5 YEARS

RHEIMS, France, Jan. 13.-(A. P)
The city Of Rheims may be rebuilt
within five years. This Is the opinion
Of Marquis Melchior de Polignac, pres
ident of the Cooperative Society for
the Reconstruction Of Rheims. Al the
most, he says. the work will not re-
quire more than six or seven years.
The amount of work remaining to be
done Is estimated by the Marquis to
cost 1000, 100000 francs, of which
100, 100000 Is for reparations and
900,000,000 for reconstruction. He
SAYS that the society will have 200.-
100000 francs placed at Its disposal
each year for the next five years. This
Is BY arrangement of credits with the
Department Of Public Works.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1922-01-13
FRENCH GOVERNMENT
WANT TO SELL FORD
THEIR BATTLESH|PS
Ford Replied Unless He Could
Buy Entire French Navy He
Would Not be Interested.

WASHINGTON, Jan. ia. p.)--
The French government has ap-
preached Henry Ford by cable asking
II he would consider purchase OF
nattleships. Ford replied that unless
he could buy the entire French navy
he would not be Interested In job lots,
No answer has been received to his
cable.
In an interview Ford said he recelv-
ed cablegram few days ago inquir-
ing If he would buy the presumably
obsolete French battleships. He i'm
|mediately replied his only proposition
would be to purchase and junk the en-
tire French navy. He never received
a reply. Ford disbelieves In dis
armament unless a provision Is made
for the employment of people unem-
lployed thereby.
Ford would comrhent only briefly
on the Newberry case and warned
that the senators favoring Newberry
must answer to the people.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1922-01-13
While Provisional Moratorium
is Effective Germany Must
pay 100000 Marks Day.
LLOYD GEORGE, MlLLERAND
AND P0INCARE HOLD MEET
British Premier Goes to Paris
to Discuss Defensive ALI.
ance and Other Questions.

CANNES. Jan. 13.-(U. PIT was
announced today that q provisional
moratorium for German reparations
was adopted before the supreme coun.
ell adjourned.
Under the terms of the proposed
moratorium, Germany will not pay the
live hundred to seven hundred million
gold marks originally demanded but
must present new payment plan and
give guarantees Of financial reform.
While the provisional moratorium Is
effective Germany must pay thirty
one million marks each ten days.
Premier Lloyd George telegraphed
President Millerand requesting q con.
ference with the President and Poln.
care. He leaves Ior paris asstonigjlt
hoping to discuss a defensive alliance
and other questions, The council
meeting Is breaking up today.