The Holly chieftain., 1923-02-08

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=. Crafts as superintendent OF the
embassy in Berlin. 3.-Country
] By republicans.
! that district. but on Wednesday the
council of ambassadors sent to the
government of Llthuania curt note,
virtually an ultimatuln, demanding the
immediate withdrawal of the troops.
| 1t is understood the note threatened
| forcible action IL Lithuania failed to
! comply with the demand. The situa-
ton there is more serious than 1t
seemed at first likely TO become. but
neither France nor England wants to
resort to military measures.
% ATHER surprisingly. Great Britain
~ already has accepted the Ameri-
4 can terms for the funding of the war
/ debt, and 1t is now up to congress to
| pass the measure modifying the present
law and giving the American commits.
sion broader powers. The leaders in
| congress believe this can be done at
this session. The proposed settlement
Is on the basis of per cent for the
first ten years, 3h per cent thereafter,
and maturity of the loan In 81 years.
There is provision for one-half Of
per cent sinking fund whereby the
principal Will be reduced annually.
The amount due the first year would
be 15s,29T. 1877.
The terms propose to give England a
slightly lower rate of interest than
the average rate paid by the govern
ment to holders of Liberty bonds,
which difference must be paid by
American taxpayers. Senator Nickel
lar estimates this difference at $751;
100000 annually. On the other hand,
1t is pointed out, that this difference
would be Offset by the savings en- In
terest on Liberty bonds, which would
be retired with the proceeds of Brit
ish payments.
G ENATOR BORAH renewed his pro-
posal for an international confer
ence on world economics, and told his
colleagues he thought the administra-
tion was drifting aimlessly although
another European war threatens. The
senator. more than usually pessimistic.
J asserts the French invasion Of the Ruhr
is likely to result in triple alliance
of Germany, Russia and Turkey; that
this combination could bring on an
other general European conflict. and
that the United States would be drawn
into the row inevitably. He suggests
the United States can call the confer.
ence and participate In its delibera-
tions and leave to the European pow.
: ers the responsibility Of carrying out
Its agreements. as was done In the
case Of the Algeciras conference In
1906. Thus he replies to the objec-
tions of the irreconcilables as voiced
by Senator johnson Of California.
4 D REPRESENTATIVE PORTER Of
N Pennsylvania, chairman of the
house foreign affairs committee. has
introduced resolution requesting
President Harding to urge world
wide Limitation OF the production of
narcotics and habit-forming drugs. and
to report to congress within six months
the results of his efforts. It is left to
the discretion Of the President whether
or not he shall call an international
conference ON the subject.
i DRESIDENT HARDING has accept
ed the role Of arbitrator between
Peru and Chile In the ITncna-ArIca
dispute, and the rest of the world
hopes, with the Vatican, that this will
put an end to the age-long enmity be-
tween those two countries.
DROHIBITIoN COMMISSIONER
HAYNES has just completed q trip
through the states of the Pacific coast
and the Southwest, and says he is con-
vinced the people out there are In ia.
vor of strict enforcement of the eight.
eenth amendment. AT Juarez, Mexi-
can officials assured him their govern
ment would cooperate with the United
States to curtail the smuggling OF
liquors and drugs.
FIFTEEN thousand railway signal
men, who refused to join the shop
/ mems strike last summer. now receive
their reward. The federal railroad In.
Dor board has restored for them the
eight-hour day with time and one-hali
pay for overtime. A general increase
. In wages was refused by the board
but 1t raised the pay Of some mer
. from 6s cents an hour to = cents, the
/ established minimum.
1.-THE interstate commerce commits
) sion has ordered the railroads t
l. resume the issuance Of Interchange