The Holly chieftain., 1923-07-19


fought bloodless duel with former F
colors Of the U. s. Marine corps at G
adherence to her policies. One CORE
spondent says Poland and Rumania
have borrowed all they can from
France and are now eager to get from
under her control Belgium is not in
a position to break away from France.
whatever may be her desires.
CER8iANY naturally sees in the
NJ British statement way out Of
some Of her troubles, but as yet those
troubles are merely growing greater.
Last week the entire nation was.
aroused by the boosting Of the price Of
coal to about IS ton, the highest In
Germany's history. The radicals
yelled that SHINES and Thyssen, the
great coal barons, were again deriving
huge profits from Germany's misery.
and the industrialists said that dou-
bling the coal price meant doubling the
prices Of all manufactured products
and closing the works when the peo-
Pile were unable to buy. Doctor
Stresemann, hitherto the closest friend
of SHINES, denounced the efforts OF a
few industrial magnates to get hold Of
all the country's resources and indus
tries and to profiteer while Germany
went down to ruin. I'VE are dancing
on volcano and we stand on the
threshold Of a new revolution II we do,
not settle the differences between the
workingmen and industrialists now"
said Herr Stresemann.
The Berlin government announced
that the prices of bread would be
quadrupled because Of the further de-
cline of the mark. whereupon great
throng Of unemployed, mainly metal
workers, marched to the open market
in Potsdam and demanded that the
dealers sell at cost. This being re-
fused, the mob wrecked the market.
One grocer raised the American flag
and declared his shop was American
territory because he was selling canned
goods from Chicago.
r Asst Wednesday, for the first time
~ since the beginning of the World
war in 1914, July wheat sold on the
Chicago board Of trade for less than a
dollar bushel and, coincidentally, the
Minneapolis mlllers reduced the price
of flour to SO a barrel. the lowest since
1915. According to the Chicago
brokers, the price depression. which
has been steadily progressive Of late.
is due primarily to overproduction
everywhere and to general readjust-
ment Of grain values toward prewar
conditions. In addition, recent fears
Of heavy damage to wheat in the
Northwest from black rust have been
dissipated, with corresponding effect
on prices. Another cause for the
slump given by the brokers is lack of
speculation in the market, due to the
Capper-Tincher act, which requires
report Of holdings to the government.
Gilbert Dusler, market statistician
for the American farm bureau. de-
clared that II September and Decem-
ber wheats go as low as 95 cents a
bushel 1t will mean loss Of $sO,000.-
600 to the American farmer.
NUR English cousins were consider
~ ably excited over the arrival at
Southampton of the Leviathan on her
first trip across since being rebuilt.
They refuse to admit, in the face Of
facts that she ia the queen of all
liners, and they were especially sore
because good many members of her
crew were believed to be deserters
from British ships. The police searched
the Leviathan for these culprits, but
found few. 1t is probably true. how
ever, that more of them were among
the vessels sailors and stewards, for
they are paid rs per cent higher wages
than on English ships and say they
receive much better treatment,
Among the Leviathan's passengers
was Albert d. Lasker, former chair
man of the shipping board, and in Lon
don he was one Of the guests at din
ner given by the Pilgrims. He ex-
planned on that occasion that American
ships do not serve liquor because
President Harding thought 1t would be
inconsistent for America to be dry on
land and wet at sea. He said no
greater hurt could happen to the
American merchant marine than to
seek to force foreigners to be dry.
Somehow" he added, foreign vessels
will, and, as believe. should learn to
serve liquor outside the three-mile
limit What we wish to do with our
ships is our business; what you wish
to do with your ships is your business,
nobody else's. We would be the gain
ers all around II the coming congress
would find means to expedite legis-
lation to clear up the present muddle."
Mr.. Lasker's successor as head Of
the shipping board, Mr.. Farley, has
nnnnnnced formally that NIL hoard ves