davidaulloa/AmericanStories huggingface dataset:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-01-08
BUSINESS STEADY
Continued from Page One)

out the British, it might be thought
at first glance, that the markets
would slump badly. AS matter of
Moderate reactions were followed by
fair recoveries. changes in price level
on the week were small and unim-
portant.
Part of the explanation Of this
steadiness probably is to be found
in a belief that despite surface in
dications, matters in Europe are pro-
gressngh Thus it is pointed out
that the present Anglo-French break
is not over the question of a reduc-
ton in the separations total and a
moratorium for Germany, regarding
which there is now substantial
agreement, but over the policy which
should be followed in case Germany
defaults under a revised schedule of
payments. This. it is argued, rep
resents a considerable advance over
the situation of a few months ago.
In addition, it is pointed out that the
French and British premiers parted
with expressions of cordiality and
that both the London and Paris stock
markets remained remarkably undis-
turbed. 1t is inferred that the re-
sumption of negotiations at later
date is by no means an impossibility.
A large share of the credit for the
firmneSs of our domestic markets
must. however, be given to the cheer
full character of the year-end re-
views of business and to the con-
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-01-08
Storm Warnings out
North New ENGLAND

Washington, Jan. WARNINGS of a
southeast storm between Delaware
Brcakwater and Cape IIatteras and
of a northeast storm on the New
England coast north of Boston, wore
ordered hoisted by the Weather Blu
reau tonight.
Both warnings were based on the
eastward movement of disturbance
OF marked intensity over the Ohio
valley which attended today by rain
in the Ohio valley, the mountain and
the South Atlantic states and by
snow in the upper lake region and the
upper Mississippi and Lower Missouri
valleys. Strong northeast winds and
gales with snow were forecast along
the New England coast north of Bos-
ton and strong shifting winds be-
coming west and northwest with
1ain were predicted between Della
ware Breakwatcr and Cape Halter
as.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-01-08

tinuance Of encouraging reports re-
garding industrial conditions. Thus
the steel industry is maintaining the
high rate of operations reached dur
ing the fall and finds itself supplied
with orders sufficient to carry 1t we'll
into the second quarter of the year.
Pig iron production during Deem
Der made a further gain and was the
largest in any month since October,
1920. That no Stacking in iron out
put is in prospect may be seen from
the fact that the number of active
blast furnaces was increased by II
during December.
Railroad traffic, while showing q
normal seasonal decline, meanwhile
continues to exceed the best records
for this time of year or at any per-
iod in the country's history, and evil
dences multiply as to the satisfac-
tory character of the holiday trade
Following the turn Of the year, the
money market has eased perceptibly
The rate On call money on the New
York Stock Exchange quickly fell
back to the lower levels of the past
year and the price of time money
and commercial paper receded about
Ia OF one per cent. At the same
time, the Federal Reserve Bank
statements show a sharp reduction in
circulation. which comedies with the
passing of a holiday demands fol-
currency, and an increase in. deposits
which is a natural aftermath of the
augmented activity of the season. In
securities a healthy reinvestmen1
demand has been clearly in evidence
The cheerful undertone in financial
quarters would seem, therefore, tc
have q substantial basis
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-01-08
Robinson Preparations
Resolution Held-up

Washington, Jan. 6-Administra-
ton forces organized today for @
fight against proposed expression
Of Senatorial opinion regarding rep-.
The reparations resolution, intro
duced by Senator Robinson. which
arations. =
would authorize American represent
tation on the reparations commits
sion, was not debated during the day,
but there was much private man;
euvering against it on the part OF
administration senators, after Chair,
man Lodge Of the foreign relations
committee had sought and obtained
the views of Secretary Hughes re-.
garding it. Returning to the capitol
after a long talk with the secretary,
Mr.. Lodge said it was his opinion
that the time was inopportune for
Senate action.
1t was indicated that the resolu-
without action, while the committee
ton would remain in the foreign re-
lations committee for week at least,
waited for Secretary Hughes to
the American unofficial observers at
compile a report on the activities OF
tachcd to the reparations commission.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-01-08
Jewel Grave is
Guarded by Troops
In Brooklyn Cemetery

New York. Jan. GA detachment
of soldiers from Fort Hamilton Res
ervation tonight was ordered by Maj.
Gen. Robert Lee Billiard to Cypress
Hills Cemetary to guard the grave of
Seaman James Jones, in whose coffin
81 900, 900 worth Of the Crown jewels
OF the Romanoff Dynasty of Russia,
is reported to have been hidden by
smugglers.
The soldiers in charge of Sergt.
Ernberg We're detailed under orders
issued from Governors Island, which
directed Col. F.. II. Wagner of the
Fort Hamilton Reservation to man
tain the guard until further notice"
Soldiers of the 18th Infantry, many
OF them World War veterans. were
assigned to the job.
+ Col. Wagner professed ignorance
of what lay back of the order. saying
all he knew was that he had been
commanded to maintain the guard
at the grave ito keep away unofficial
VISITORS"
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-01-08
Array OF SPORTING EVENTS
FOR 1923 PROMISES KEEN
INTERNATIONAL COMPETITION

New York. Jan. 7.-(By A. Ply
PROMISING to eclipse its predecessor
IN the Keen calibre OF competition.
the year 1923, according to the pres'
ent outlook. will witness an rni,sua
array of international sportins
events. ''11s
Wnile fixtures in such fields of
es,aohsned rivalry as golf, tennis
ana yachting. both here and abroad.
VIII hold even greater interest than
before, other events of outstanding
Importance have been added to the
program.
International track and fold
meets. one at Paris in May for COL
iege athletes, and another at Gothen-
ourS. sweden, in July, are expected
10 attract strong American teams.
paving the way for the 1924 Olym-
pics at the French capital. \ COM
plhed Harvard and Yale track team
plans to invade England for n dual
contest with Oxford and Cambridge
ana II dates do not conflict. the
Americans are likely to participate
III the Swedish championships.
interest in international boxing
mas been aroused to a higher pitch
IMAM at any time since the Demp-
sey-Carpentier spectacle by a match
arranged between Johnny kilbane,
American holder of the worlds title.
and Eugene Criqui, French wearer
OF the European crown, for the
featherweight championship. It is
planned to stage this event at the
Iolo Grounds. in New York, Memo
rial Day.
Not satisfied by the outcome of
the contest for the worlds lawn ten
mis- title last year. in which she was
defeated by Mile. Suzanne Lcnglen,
of Franco. Mrs. Molla Bjurstedt NAL
lory. American champion. plans an
other campaign abroad, starting
with the tournaments in Southern
France in February. There she
hopes to meet her French rival once
more and also prepare for another
attempt to lift the international
championship on grass courts at
Wimbledon. England, later in the
year.
Davis Cup competition for the
worlds team tennis championship is
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-01-08
HSPORTING NEWS q
American Students
In England
Active In Sports

cambridge, Eng, Dec. 20.-Amer-
-. students at the UNIVERSE
. AZ. here took an active part
y. w, tha sports Of Michaelmas Term
n.h,ch has just ended. T. ]. E. Pull
W. princeton and Trinity, and w.
ne Todd princeton and jesus. have
...r playing steadily in the Varsity
c O rean, and show every indication
y" ginning the golfing Blues. ]. H.
Van Allen EST. George School and
cs-;et's). who won his Blue at tenni>;
~, year. and d. X. Key (Harvard
.a ~ caius) reached the finals of the
l Court Doubles Championship
..here they were defeated after five
". match. Other Americans of the
Ta,sity Hard Court squad are Z. -.
eco princeton and Corpus), A. w.
NilIcoy cornell and Peterhouse).
.rd f. A. Weeks Harvard and
Trinity
NV, the boxing Blue, who won the
ION. heavyweight bout against
nyford last spring, is again in form
ona recently won his match against
The Army at Aldcrshot.
Three Americans are playing in the
100 hockey team which will oppose
oxford at Muren shortly. They are
p billiard princeton and Trinity
Yam. ". C. Miner yale and Mag
dalene). and ". b. Todd princeton
end Jcsus).
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-01-08

SENATE VOTES
Continued from Page One)

the troops He estimated that
American occupation of the Rhine
land had cost more than $275,000. 900
OH which account Germany had paid
about s34 100000.
Senator Hitchcock, Nebraska, rank
ing Democrat on the foreign relations
committee, said he believed the re-
turn of the troops should be consid-
cred.
Chairman Wordsworth of the mill
tary committees, said that he could
not share the fears of Senators Reed
and Hitchcock, as the presence of
American troops on foreign soil
always made for peace.
Senator Lodge said he doubted
whether this was the moment to pass
such a resolution, although as gen.
eral proposition he favored military
withdrawal from Europe.
at would be very unfortunate to do
anything today which might be con-
strued as taking sides in the repara
tions dispute" he said.
He repeated suggestion made by
Senator Hitchcock that the resolution
express merely the sense of the SEN
ate that the troops be withdrawn.
Senator Reed accepted the proposal.
"If trouble does break out, it may
become embarrassing to our little
force on the Rhine" Senator Reed
said. "If France invades Germany,
our troops might be attacked, and the
moment word is brought to America
that American blood is shed the cry
will go up to avenge that act.
sit is time to get our troops away
from that he'll pot they are brewing
over there"
The text of the resolution as adopt
cd with the amendment, follows:
Resolved, That it is the sense of
the Senate of the United States that
the President should order the i'm
mediate return to the United States
of all troops of the United States now
stationed in Germany.
"In giving this expression of its
opinion the Senate disavOws any I'M
friendly or partisan attitude toward
any nation or nations Of Europe"
There was no indication tonight
that the Scnatc's action would effect
cny change in the present policy OF
the administration, or that any plans
were being made for the return to the
United States of the small American
force still in Germany.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-01-08
Washington at Sea
AS TO Next Move in
Preparations Tangie

Washington, Jan. 7.-Reports from
Paris tending 10 give light on the
development of plans for carrying
out the announced purpose of the
French, Italian and Belgium gov
elnments to enforce collection of
reparation payments from Germany
are scanned with deepest interest in
Washington as no definite informa-
ton is available as yet as to the
exact process to be followed. In Of
ilclal reports to the government have
disclosed in detail what is to be eX-
pccted within the next few days, care
has been taken to keep these ad-
Niscs within the limit OF confidential
circulation.
1t appeared probable today that
the american government had little
more upon which to base its eXpccta-
tons IN that regard than has been
disclosed to the public by the French
authorities.
Dispatches from Berlin also were
OF particular interest insofar as they
forecast the probable attitude not
only of the German government but
OF the German people III the event
Of forcible occupation of the Ruhr
valley by French civil and military
contingents. All adviccs appeared to
indicate that the German govern
ment proposed to meet the situation
with passive resistance only. Tic
German attitude will continue to be,
as 1T is understood here that of pro-
test against the French action as an
injustice not only to Germany, but
10 other nations which would be ad-
Versely affected by a complete poll
teal collapse in Germany.
Whether German workers employed
in the coal mines and other indus
tries of the Ruhr region would con-
tinue at their work under direct
French supervision is still to be de-
termined. The possibility OF strikes
and similar non military disturbances
has not been lost sight of by any Of
fetal or economic expert in seeking
to determine the probable course of
events.
Efforts Of American business in
terests toward an economic solution
Of the separations crisis worked out
independently of the governments
concerned may come 10 q more or
less definite head hire January T..
when the foreign affairs committee
of the Chamber of Commerce of the
United States will meet at the call
OF julius Bannes, president of the
chamber. to attend dinner in hon.
or of Albert Thomas, head of the In
ternational Labor Bureau at Geneva
and former French minister of NUM-
tons.
Less than a month later a delega-
ton 200 strong, representing the
chamber and including number of
the men who will gather here to
meet M. Thomas, will sail for Rome
to attend the second annual meeting
of the International Chamber OF
Commerce. The American delegation
countries on it's way to Rome and the
trip may afford wide opportunity for
informal discussion among business
men in various counties Of the re-
crisis i
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-01-08
Ward, Free May
Yet Go on Trial
In Murder Case

Albany. N. Y, Jan. 6-There Is a
strong possibility that the state.
through the attorney-generals Of
flee may investigate the killing Of
Clarence Peters, former sailor, on a
lonely road in Westchester county
last summer by Walter S. Ward.
millionaire vice-president of the
Ward Baking Company, confessed
slayer. An indictment charging Ward
with murder was dismissed last
Tuesday.
For nearly half an hour Monday.
Mrs. Mary o. Peters Of Haverhill.
Mass, and her attorney, Frederick III.
Magison, pleaded with Gov. Smith
in his inner office at the executive
chamber, to have the state investi-
gate the murder of young Peters. The
Governor refused to say anything
about the case, but it Is known that
he has directed his counsel. James
A. Parsons, to look into the amtter."
II am here asking for justice at
your hands," was the appeal of Mrs.
Peters to the Governor.
She told the chief executive that
she didn't want Ward punished for
the killing of her son, if he were not
guilty, but inasmuch, she said, as he
had confessed to the Staying, she
could not understand WHY he hadsnot
been made to stand trial.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-01-08
Gar Wood Hangs Up
New Record With His
Miss America I

Los Angeles, Cal, Jan. 7-Garf1eld
A Wood. OF Detroit, established new
international salt water record for
dual speed-boats today when he
drove his Miss Rmerica 1. at the rate
of 75.43 miles an hour in the channel
off Long Beach, near here.
Wood failed. however to break his
own fresh water record of 1866 miles
an hour, established at Algonac, Mich.
in 1920
His previous salt water record was
70 miles an hour. it was announced
Stop watches of representatives of
seven sporting organizations gave
him 75.43 miles an hour IN the fastest
of the six trials he made over a mile
course, officially measured by the city
engineer.
The same watches gave him an
average of 74.76 miles an hour for all
six laps, and it was stated this latter
figure probably would be accepted as
official.
II piloted the Miss America himself
and his mechanician, J. Smith, rode
with him
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-01-08
To Give Germany
Hearing on Coal

Paris. Jan. 6.-(By "A. PD-Ger-
many will be given a hearing by the
reparations commission before any
action is taken on the French pro-
posal to have her declared in default
on coal deliveries, the commission
decided today.
When the question came before
the commission it approved the Ger
man request for a hearing.
Berlin was Immediately notified
and asked to send experts so they
can be heard by the commission next
Monday.
Sir John Bradbury, the British
member, attended the session.
There was no discussion Of the mer-
it's of the case. The Germans are en-
titled under the treaty Of Versailles to
present their arguments, and Louis
Barthou of France, the proponent Of
the default measure. offeredD no opjef-
ton to granting the hearing. 80
The German contention, II is known.
will be based on Germanys declared in
ability to deliver more than so per cent.
of the amount of coal provided for in
the commissions program for 1922. as
she had to import coal heavily in order
to supply her own needs.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-01-08
u. S. Not to NEEDLE
In Present Situation
France and Britain

Washington. Jan. e.-(By A. P.)-S
The possibility Of any devqopmenE
abroad to change the policy Of Tranox
and bring American aid into the rep
!. arations breach in Europe appeared 10.
night to be fading hour by hour. So
There IL reason to believe that IT,
Washington government not only ses0
no further opportunity at this ting I'd
suggest way to Franco-British re6rns
ciliation. but lacks anly any intImaf1dE
that Its good Offices will be sought from
across the Atlantic. at least in advans1
Of an actual test Of the French theories
On reparationA ess
Once the French plan has been tried
an its results demonstrated. the Gitp.
elton with respect to American aid may
change. But there IL no doubt that
American oficial opinion IL gravely
concerned lest political cha6s and q
complete economic breakdown come In
Germany before that point has been
reached. e5e
The official attitude in Washineton
still is that Of a sympathetic spectacle
friendly to all parties to the crisissapl
with American good offices and ecqt
to Allied leaders If they can find q
way Of reaching out for American help
fulnesa It Is certain that no move
will be made here prematurely, or in q
way that might create hostile Inn
pressions abroad to embarrass a later
tender Of American help. The compfete
official silence at this time in WASH
ington probably is significant Of q de-
sire to keep the international air clear
of MISUNDERSTANDING and the way al
ways open for French or British initta-
tive to seek the aid Of the United
States. -
But while official activities are thus
hampered by considerations Of the
most delicate nature. American bust
ness, working along it's own line Of ap-
proach. apparently is preparing for
new attempts to substitute business d.
plomacy for inter-government eex-
changes in working out a new proposal
on reparations. Officials of the Cham
Der of Commerce Of the United States
are considering renewing their activi-
ties halted temporarily while the
statesmen debated and agreed to dis
agree in Paris. -
The foreign affairs committee Of the
chamber will meet here Jan. ~ at the
will attend a dinner given by Mr..
Barnes in honor of Albert Thomas, di-
rector of the international labor ONCE
at Geneva and formerly French min
lister Of munitions. That the repara-
tions crisis will be the foremost topic
of discussion is not doubted. ,s.-
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-01-08

expected to draw a greater list of
! entrles than 1920, when 13 nations
! cnai!enged for the trophy. Division
oI the contest into two sections
american and European-with the
! ultimate winners of each group play
ing Tor the right to meet the United
| states IN the challenge round, is ex-
pected to increase interest and elm
mate defaults such as have occurred
IN previous years.
traditional golf rivalry between
the United States and Great Britain
Will receive fresh impetus with the
Britlsh, mindful of setbacks they re-
celVed IN most of the important
events OF w., eager to retrieve their
lost supremacy. A team of Ameri-
can amateurs probably Will go
abroad to defend the Walker cup,
cmblematic of the team Champion
ship. while Gene Sarazen, American
open champion, has announced his
intention Of attempting to lift the
british open title. Walter Hagen,
American holder of the Anglo open
crown. and Jock Hutchinson, are
other likely entrants in this blue rib
bon event
Several of Americas crack young
swimmers. including Gertrude Ederle
and Helen Wainwright of New York,
holders OF numerous women's rec
ords, and Johnny Weismuller, Chi
cago star intend to invade England
and possibly the Continent in quest
of additional laurels early in the
summer.
Lively yachting competition also
is promised. The Scawanhaka-
Corinthian Club. of Oyster Bay, n.
v. has challenged the Royal North
ern Club, of Scotland. for the Sea-
wanhaka cup. captured by British
sloop here last year. while a team
contest for the British-American
cup. won in 1920 by the United
States. also is planned. Both these
events for craft of the six-metre
class, will be sailed in British wa
tiers.
Gloucester men. too. are planning
another attempt to lift the inter-
national fishing schooner trophy,
which Canada won last year when
the Bluenose vanquished the Amer
lean boat Henry Ford
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-01-08
Commissions Meet
Continued from Pace l.,

per cent interest. 1t is accepted as
obvious, IN most official quarters that
the foreign delegation will ask for
Application of the extreme limit both
as to the term and interest rate.
countless details, however, are in
VOWED in any decision even as to
those two points, treasury officials
believe, and it may be assumed that
even before Chancellor Baldwin. of
the eXchequer and Governor Norman
the British commissioners make any
formal suggestion as to the many
issues they will attempt to estab-
fish their governments ultimate
ability to take care Of the obliga-
tons. 1t has been limited in several
eral ways that the British would
seek to show to the representatives
of the Americans just how much
money can be withdrawn from Eng
land and from Europe annually
without adding to the economic dis
turbance of continental conditions.
Reports as to the probable sug
gostions by the British delegation for
a funding settlement have been APP
pearlng daily since the foreign COM
routine of courtesy calls on govern
ment officials. Throug them all, Mr..
Baldwin and Governor Norman have
maintained silence and members of
the American commission steadfast-
ly have insisted they received no in
timation as to the proposals which
the British government through it's
ENJOYS, may make. AS late as last
night. Governor Norman declared
the British would enter the discus
sions with a clean slate, prepared to
80 over the whole problem and study
toward a satisfactory arrangement.
Regardless of whether tentative of
fcrs have been or will be made to-
morrow, many officials here are
watching developments intcntly, de-
clarlng that the arrangement result
ing from the conference is Going to
bear directly on world affairs. These
officials point to the possible estab-
lishmcnt of precedent in future
world debt funding settlements in
asmuch as the countries owing Great
Britain also owe the United States.
The British government, it is be-
lievcd, will not care to provide easier
terms for its credits than are per-
mittcd it by the UNTIL States, be-
cause of the disadvar sge it would
face in its own fiscal erations.
Some members of Re American
commission have said" that whether
this government willed or not, it
will dominate world affcirs to the
extent it demand rigorous terms of
the British. The belief has prevailed,
however, that the American COM
mission will be magnanimous to the
extent it is allowed by the foreign
debt funding act and thus Indirect
~ will lend helping hand in rolv-
ing the world problems founded on
the "vicious cycle" of debts.