The Holly chieftain., 1923-10-25

account are falling through because
Herr Stresemann has stated publicly
that the industrialists need not look
to the German government for pay
ment Of such material. especially dur
Ing the reorganization Of the nations
finances. A memorandum to this ef-
feet was delivered to Premier Poin-
care, who declined to discuss the mat
ter at all until the occupied regions
resume work and payments In kind.
The French intend to continue the ex-
plOltati0n Of the seized Ruhr indus
tries. holding that the German gov.
ernment must find a means Of paying
the owners. If Poincare persists In
his present course there is revived
danger that France win be Isolated
against Germany. The British auth0ri-
ties have been studying the Belgian
reparations plan known as the "tech-
nical studies" and are said to approve
Of II. and II is believed the italian and
Japanese representatives on the repa.
rations commission are Of the same
mind. So far the French have been
able to sldetrack any formal consid-
GRAFTON of this plan.
The Belgians estimate that by
means Of mortgages the allies can
raise 2,s70,0O0.000 gold marks ($717..
5OO.O00) annually for cash reparations
payments. leaving the German govern.
ment the balance to cover the budget
and also to pay for coal and other de-
liveries in kind. This total is slightly
less than the original reparations
schedule. which amounted to 2,OOO,-
100000 gold marks ($5OO, 600, ,OOO) in
cash plus % per cent of the exports
annually. an estimated grand total Of
$500. 900 gold marks.
E>OR several days after the American
i Legion opened Its annual conven-
ton In San Francisco last Monday It
seemed there must be quarrel over
the Ku Klux Khan question that might
split the Legion wide open. Delegates
from Michigan and other states were
determined to force the issue by offer
Ing resolutions fatty condemning the
Klan. Others were awake to TIE grave
danger involved In this and sought to
avert such action. Finally the COM
mittee on resolutions came to agree
ment and submitted to the convention
resolution which. while not specifl-
cally mentioning the Klan, condemned
all organizations fostered by racial
and religious hatred.
THE Oklahoma house Of representa-.
L tives tabled resolution providing
for an investigation Of every member
of the body to determine whether he
belonged to the Ku Klux Khan and au-
thorizing the expulsion Of all mem-
bers found to be klansmen. The house
committee on investigation and I'M
peachment Of Governor Walton and
other state officers proceeded with Its
work vigorously.
ISRAEL ZANGWILL. famous Jewish
! author and publicist. appeared be-
fore the American Jewish congress In
New York and asserted that the Jews
must forego their political hopes re-
garding Palestine rather than throw
a match into such powder factory
as the world has become" The cop-
gress formally disavowed this view.
Next day Mr.. Zangwill said he never
had seen an audience slower to UNDER
stand or more dense to appreciate this
vital issue. 1.-The trouble today" he
added, "aslde from weak British gov
ernor. Is the fact that the Arab under.
stands politics and the Jew does not,
because he has lost contact with ma
tional politics through 1900 years alb
sence from his national home"
TT ISN'T necessary TO tell anyone the
L Yankees won the worlds champion
ship nor how they won it. but the
event must be set down as part Of the
record of the week. The receipts for
the six games played were more than
$1,O00,0O0. of which the players divide
up nearly $383,OO0. The series was
more than commonly dramatic in Incl.
dent.
CEEKING some measure of relief
- for American farmers. the inter.
state commerce commission has or
dered an Investigation into rates and
charges on grain and grain products.
The inquiry affects all roads carrying
those products. The American Farm
II p..l 4 no
cent reduction In rates on wheat and
flour for export. and Secretary Wal.
lace has recommended 25 per cent
cut In rates on farm products.