davidaulloa/AmericanStories huggingface dataset:
Evening star., 1924-03-02
Sees Industrial
Crash in Germany
CONTINUED from First Page.)

year amounted to 20,000.000 paper
marks. which is 100000 gold marks.
Eut adding to this 100 per cent profit,
at the end of a year he had only 40O,-
600 gold marks, whereas he had start
ed with 100000 gold marks. That
concluded Mr.. Doutsch, lis a loss of
100000 gold marks, and illustrates
how depreciation helps the business
man."
will Germany be able to continue
her keen competition in world mar
kets?" was my final question.
IT am very pessimistic. Since the
war every country has become eX-
tremely jealous Of it's own industries
and has erected such high tariff walls
that it is almost impossible for US to
sell to them. In addition to this, the
occupation of the Ruhr has sent the
cost of iron and coal way above world
prices and boosted our cost of pro-
duction sky-high.
FINALLY, the world is still extreme
ly prejudiced against German goods.
The United States, for instance,
doesn't realize that Germany was, and
still is, her best customer, and that
our prosperity has very direct effect
upon yours. / have often discussed
this with my brother-in-law, Otto
Kahn. He points out that America is
80 far away and that her people are
so busy building up their own coun-
try that they are not interested in
Europe.
Evening star., 1924-03-02

usually made about the season fol-
lowing the season in which they
might have been used.
May I send monthly cable about
Argentine business?' he asked the
Department Of Commerce.
He got no answer. The cable prob
ably did not reach any one who had
authority to reply. SO he asked
again and was treated with glacial
silence Following the complete alb
sence of any assent, he began to file
his cables. Every one took 1t for
granted that some one had told him
to go ahead and SO no one interfered.
His monthly resume Of Argentinian
conditions was published, whereupon
other commercial attaches in other
parts of the world said to them
selves:
Other Attaches Awakened.
What do you know about this man
Klein's nerve: II he can do it We
can do it."
So they did. No one cared. Their
news was published because it was
on hand and something had to be
done with it. The new idea grew
and grew. Nowadays Klein gets hun
dreds of stories about commercial
matters each day. Once d month his
world-spread staff covers the news
Of forty-three standard mmodities
Evening star., 1924-03-02

the imperial conference of premiers
the other day that Australia. by rea-
son of the character Of her people;
the salubriousness of her climate and
the wealth of her resources. would
some day be "the greatest country
in the world and the heart of the
British empire.
= :: !: \
BeIgium.-The Belgian chamber
having refused to ratify a Franco
Belgian economic convention, the
Belgian cabinet, headed by Thcunis,
resigned on February %. All Europe
is speculating on the significance OF
brought about by the detection of a
block of Flemish Catholics to the
opposition, which previously had con-
sisted almost exclusively. of so
cialists. A plausible analysis will
have it that the detection is to be
to the proposed convention with
France (Which. considered as a whole,
does not seem to favor France at
Belgium's expense). but. rather. to
OF the association between France
and Belgium, and particularly and
emphatically to objection to Belgian
support of Poincare's Ruhr policy,
which policy, according to the anaIy-
sis, is held responsible by the de-
fectionists for the depression of the
port of Antwerp.
1t is probable. though by no means
certain, that general elections will
follow. The French fear that should
4 socialist or predoninantly socialist
government succeed it would re-
pudiate the Belgian intimacy with
France. 1t is more probable, however.
that such a government would find
itself in opposition much like that of
Mr.. Macdonald's government in
Britain and to survive would be con-
strained to move slowly and warily.
The avowed program of the Belgian
socialists led by Vandervelde, re-
sembles the election platform of the
British labor party-nationaltzati
a capital levy, recognition Of Russia,
etc. -
Whatever may emerge. certainly
this development at this precise time
is Calculated" to cause embarrass-
ment and apprehension to NJ. Poin-
care. I speak cautiously. i cited the
above analysis as highly plausible; 1t
may turn out incorrect and exag-
Eerative.
X y: !. X
GERMANY continue to refrain
comment on the partial information
Evening star., 1924-03-02
Shoals Shift on Coast Line;
Menace in Old u. S. Charts

Inext spring and summer. The Lydonia
was engaged last summer off Cape
Fear, N. c., and as far south ah Bull
Bay, 8. C. She will proceed south as
soon as she is reconditioned and will
work north.
Many Of the surveys on which
charts now used on the Atlantic coast
were based were made a century ago,
when sailing vessels were the only
ones in use. Invention 18th OF the :, steam an
navigation problems necessitating
new surveys and mo more s,,,a accurate C
miles off shore along the iow-lying
coast lines Of the Carolinas.
The coming work, which is in part
a resuryey, will extend out to the
1oo-fathom depth: and is ma made 1 largely .
ing place along the shore line as a
result of the endless assault Of the
waters upon the land. Some cham
|nels known to mariners hundred
years ago. have changed into shoals
ana vice versa, with the result that
lunchartered menaces to navigation
have been created. ;.
Evening star., 1924-03-02


profit have come to pass in
the oil industry. While pub
lie attention has been fixed
on disclosures brought to light by the
Senate Investigating committee. gaso-
line prices, out OF the spotlight for the
moment, have been gradually easing
upward until consumers today are
paying 100000 a day or more for
gasoline than they paid few months
ago. From S5 to 80 per cent of this
the automobile users of the United
States. The remaining 10 to 10 per
cent is paid by other consumers of
gasoline.
Nor does there appear at the present
moment an end of the price-raising
Further increases are expected. by
those who have been following the
stormy course of the oil industry dur
ing the past few months. Another
$1,000 a day increase lies Well with
in the possibilities, SO well. in fact
that it is regarded as quite likely.
Investigation Under Way.
How much of the past and prospec-
tive increases are due to economic
conditions and how much to artificial
manipulation of the market cannot
be reliably estimated on the basis OF
available information. However, the
federal trade commission has under
taken an inquiry into those questions
and is proceeding to develop such
Evening star., 1924-03-02
Use Train Control, Save Lives,
|. C.. C.. Impresses Railroads

factor fails. Under the first general
order forty-nine major trunk line
carriers are required to install and
have in operation on at least one en-
gine division by January I, 1925. an
automatic train control device. Sup
plementing the original order, an
other has recently been issued, In
structing forty-three other railroads
specifying where they shall be in
stalled by February I, 1926, on at
least one full passenger locomotive
DIVISION. In the meantime, the first
group of railroads must have in
stalled the devices on two locomotive
divisions. So the installation is pro-
gressive, and will ultimately become
general on American railroads.
More than year ago the commits
sion held extended hearings on train
control, in which it secured exhaus-
tive testimony from representatives
of the railroads and of the manufac-
turers Of the train control devices.
The hearings resulted in the original
order requiring installation.
Must Meet Requirements.
Such devices as are installed must
meet requirements of the commission,
the primary function of the stop or
control being designated in this way:
Automatic train stop. with manual
control by the engineman, requiring
the train to be stopped, after which
the apparatus may be restored to
normal condition gradually and the
train permitted to proceed.
General requirements laid down by
the commission provide that an auto
matte train stop device shall be ef-
fective when the signal admitting the
train to the block indicates stop, and
SO far as possible when that signal
fails to indicate existing danger con-
ditions. An automatic train control
or speed control device shall be ef-
fective when the train Is not prop
erly controlled by the enginemar, and
it shall be operative at braking dis
tance from the stop signal location II
stop signal location if an adequate
overlap is provided.
The federal reg-ulative body has not
specified any particular system for
adoption. Any system will do If 4,
meets the general requirements
What the commission is interested
in Is prevention. of the many acci-
dents on American railroads.
Evening star., 1924-03-02

or conjectures furnished by the dis
patches concerning the work of the
committees headed by Gen. Dawes
and Mr.. McKenna. The reports the
thing, the joint report, which should
be completed within the next few
days. Presumably the reparations
commission will not delay to publish
lit.
The foiIed heroes of the Munich
Beer Hall revolution" Of last autumn
are now undergoing trial. The affair
seems to be a screaming farce. The
testimony reveals Hitler as an econ
omist of the medieval type. His
idea for financing the revolution was
to round up all the money lenders
and dealers in exchange and strip
them Of their cash" This was Rich
ard Couer de Lions way.
Mr. Macdonald, the British premier
and foreign minister, has sent a note
to the French government, proposing
that allied military control be re-
sumed in Germany. and that thereto
a plan be devised more efficient than
the one hitherto pursued. The pro-
posal is very important and highly
creditable to Mr.. Macdonald's good
sense.
X X = =:
ArabixtaD, Turkey. Etc.-Did space
allow and were the matter less COM
plicated, I should like to examine a
little the Arabistan movement-ie., the
movement for confederation of Arab
states to include, for the present
Hejaz, Irak, Transjordania and Syria
(including Palestine), a problem in
finitely complicated by the British
commitments on behalf of Zionism
No doubt the French, who have a
stomach full in Syria. would be glad
to clear out of that region If the
British would simultaneously leave
Palestine to the natives. The British
cannot, for all their Zionist commit
ments, but lend trembling ears to the
voice of their good friend the Aga
Khan. who advises them to work for
a real and free Arabia. federation
Of small states including Syria and
Palestine" so forestalling possibili-
ties of terrific dangers in that quar-
ter.
It is doubtful if any other human
being wields an influence equal to
that welded by the Aga Khan. His
religious sway extends not only over
the large Ismailah section of Mo
Evening star., 1924-03-02
BY HERBERT COREY.
FEARS ago an inspired songster
~ wrote a ditty in which this re-
frain recurs:

frain recurs:
Il II want what / want when
I want it,"
That Is the theory on which DR..
julius Klein operates the Bureau Of
Foreign and Domestic Commerce. Ex-
cept that he restates it in somewhat
| more homely language. The motto
of the bureau under DR.. Klein is: D..
"The most perishable commodity is
, commercial intelligence"
Perhaps, like a great many other
7, truths, that sounds dry, not to say
arid. Dig into it little and the con-
trary proves to be the case. To mix
, the metaphor somewhat, the husk
may be a trifle gritty but the kernel
| is packed with all the delights. To-
days progress in art, literature and
| the sciences may in some measure be
! traced to it. This may be a ma
| terialistic age, as so often charged,
| but if men were not at work in lab
oratories and factories poets and
painters could not support their little
homes in Greenwich Village. Com
mercial prosperity carries the artistic
overhead.
Yesterday and Today.
Early New England fortunes were
I; built up by merchants who sent out
Yankee notions and sailed back in
ships laden with rum, tea and slaves.
| 1t was slower age than ours, but
even then early and accurate COM
| mercial information vas essential to
success. The man who took the right
cargo to the wrong market went
broke. Nowadays, with the world in
ferment, twenty-four hours advance
1 knowledge may make the difference
| between a ten strike and a strike
out. 1t is because American manu-
facturers have recognized this fact
that we are holding a fair share of
the gains in export business we made
tduring the war. Foreign competition
is daily growing more dangerous, as
the countries Of Europe begin to re-
cover from the effects of the war.
| Our future prosperity will depend
| in large measure on the knowledge
our manufacturers may have of
where to ship, when to ship and what
to ship. DR.. Klein is fond of quoting 8
Mica wbers maxim:
1 Income twenty pounds, expendi-
! ture nineteen pounds, result happi-
mess. Income twenty pounds. expen-
diture twenty pounds, ought and six,
result misery"
That Extra Is Per Cent.
! The application is that as people
we can, one year with another, con-
sumo So per cent of our annual manu-
factured output. If we can sell the
remaining Is per cent abroad we are
happy and prosperous. If We are
. compelled to attempt to consume that
15 per cent at home hard times fol-
low. Factories close down.. miners
strike for more work, wages are
sliced, bankruptcies increase. DR..
Klein's job Is to furnish American
| manufacturers with the information
on which that 10 per cent can be sold.
1--WE are trying to catch the differ
! ence that makes solvency," he says.
He made his job himself, which is
a hint worth noticing by those who
wish to get ahead. AS Californian
he noted that the rest Of us do not
know much about Latin America and
the Latin Americans. Therefore We
Evening star., 1924-03-02
Real Workers in the National Capital

He swaps news with banks and credit
agencies and steamship lines. Newly
made consuis, who belong to the
State Department, are. nevertheless.
sent over to the Department of Com
merce to talk with Klein before they
leave for their posts. The old-tlme
jealousy between the departments IS
has been broken down. He wants
more speed than a city editor. Three
thousand inquiries come to the bu-
reau each day and most of them are
answered within twenty -four hours.
He has thirty-four service stations
scattered over the country and the
man in charge Of each much know
personally every exporter in his dis
trict. They use the telegraph. the
telephone, the radio and the mails.
Not long ago a business house de-
termined to give up it's branch in
Spain because Of million dollar
complication. In two days intensive
telephoning the misunderstanding
had been Strengthened out.
An attache in Japan had no time
| in which to communicate with Wash
| ington on a matter Of Importance and
so he acted on his own initiative. \
Forty countries have changed tariffs
since the war.
Because the bureau is on the job
American manufacturers have been
able to meet the new conditions.
Where they cannot sell shoes they
sell shoemaking machinery.
The bureau is working direct with
the manufacturers in the effort to
! give them the knowledge they need
! when they need it. The country has
| been divided between four graf re-
| gional organizations and seventeen
! commodities divisions, aided by sew
| enty committees selected by the trade
| guilds, representing 10000 manufac-
| turers.
Knows What Will Happen.
| Hard-up governments tax ciga-
| rettes first of all. Klein was able to
. tell 250,000 tobacco growers wha,
! was going to happen. He untangled
| an automobile complex with Switzer-
| land. Once the rice growers Of Cali
: fornia thought they were ruined
| The bureau was able to show that
the bad news was not true and prices
| recovered. The rice growers stayed
In the business. If the bad news had
| been true he would have told 1t jus,
| the same.
THE concea;ment Of truth is dan
=, gerous," he says. IF the truth is un-
! plea SAINT, all the more reason why we
, should have it,
! He believes in the circulation oi
young blood. He gets his expert:
| from the industries. They serve with
4 the bureau for the sake of the school.
| ing. The bureau gets the benefit OF
| their knowledge. BY and by they &c
| back to the industries. He keeps the
; printing presses busy with up-to-the-
minute reports on conditions. If the
| American people had followed his til
we would not have blown in million:
Of dollars for no-account German
| marks.
| The bureaus year books are the
| last word on sound commercial intel
ligence. It's monthly, weekly ant
| daily reports are supplemented BY
| wire news when conditions warrant
Some of its intelligence is of SO conf
Dental a character that it goes onl!
! to blown in the bottle Americans
The system is SO excellent that ou
| foreign rivals pay it the high com
pliment of imitation. Klein alway'
tells them just how he does it.
But as yet they haven't found
ma to do it the way Klein does.
Evening star., 1924-03-02

III 5e:ss:;s,: n; "a; :';s %s:;S:
" " Commission has started a
campaign of inferential
and persuasive argument for adop-
tion of the one factor which experts
claim the railroads of the United
States need to make them as nearly
safe for passenger travel as human
ingenuity can devise. That FACTOR is
an automatic train control system,
an automatic device which stops
train without an impulse from the
human being guiding the train when
ever and wherever it enters block
or railroad section in which there is
danger.
Significant is the recent change
from the indirect to the direct method
of pressing railroad adoption OF an
automa tic train control device on the
railroads of the nation. tor prac-
tically every accident report or the
,.ommission-and they average PROB
ably eight or ten a. month-has enoeo
with this statement:
Had an adequate automatic train
control device been in use on TINS
line this accident undouotediS "o"io
These injunctions rarely vary. They
are Impressive in their continued
hammering on the one point They
point out to the American people,
even better than any compelling Or
ders might do, that human lives are
to be saved and property losses pre-
vented by installation or devlce
that reckons not with the human rae.
tor in railroading, but is sufficlent
unto itself.
Human Frailtiex Menacing.
Railroad enginemen have been
known to go to sleep. They have
been shown to have had temporary
lapses of memory or defective vision
Sometimes they have died from sud-
den heart failures. and the heavy
train, with the hand of a dead man at
the wheel. has gone laundering along
the rails, to run through an open
switch and bring disaster to the hu-
man charges of the responsible engi-
neer. These things cannot happen
when the railroads are all equipped
with automatic train control stops OF
whatever proved type. They entirely
disregard the human factor and bring
railroading, In so far as passene er
travel is concerned. into the field of
full mechanical guidance.
The commission has issued several
orders compelling the railroads to
install automatic train control de-
vices TO stop trains when the human
Evening star., 1924-03-02

do not always get along well with
our neishbors to the south. No one
could understand North America who
did not comprehend the part that
British laws and traditions played
in its development. So DR.. Klein de-
termined to post himself on Latin
America and then post us. After
ties he went to Berlin and the Sor-
bonne. Then he read up on early
Latin America in the dusty archives
Of Spain.
just Who DR.. Klein Is.
He was instructor in Latin Ameri-
can history and economics at Harvard
when the war came. He was called
to Washington by the Department Of
Commerce because his specialized
knowledge was needed. In 1919 he
was sent to Argentina as a CONNER
cial attache.
Ever since 1890 a government bu-
reau had collected trade statistics.
Then they were filed. No one ever
thought of using them. The men
who might have made use of them
may not have known they existed.
Anyhow, they were probably regarded
as state secrets. Matters had begun
to look up in 1913, when the present
bureau was created, but not very far
up. Publication of trade facts was
Evening star., 1924-03-02
A Thoughtful Lad.
|. Boston Transcript.

From the Boston Transcript.
An American in London, on buying
a paper from a newsboy, remarked: :
"Td have to pay twice as much for
this paper If were over in America" )"
well, guv'nor." replied the young
ster. "yer can pay me double II It will
make yer feel more at ONE"
Evening star., 1924-03-02

~ HITTING shoals of a sinking
coast line on the Atlantic sea-
I. board from Chesapeake bay to
- the Florida keys have claimed
many vessels with their treachery.
Charts now in use along this stretch
of seaboard, which counts among Its
hundreds of miles of watered expanse
some of the worst stretches Of coast
wise water travel in the world, are
antiquated according to the coast and
geodetic survey. Constant changing
about Of the channels and shoals as
the shore line sinks have antedated
many of the maps now in use by
mariners.
To bring the mariners instructions
down to date the survey is planning
to resurvey the coast line from Nor
folk to the tip of the Florida keys.
The vessel Lydonia, owned by the sur
xey and commanded by Lieut.: J: II:
|Hawley. is now undergoing repairs
lat Charleston. S. c., lin preparation for
her sounding and map-making trip
Evening star., 1924-03-02
BY HARDEN COLFAX.

N AVS of thrift and nights of
profit have come to pass in
the oil industry. While pub
Evening star., 1924-03-02

BY HENRY w. BUM.
HE following is a brief sum.
mary of the most important
news of the world for the
seven days ended March !
Evening star., 1924-03-02
DI WILL. Il. KENNEDY.

"\A1"''a1sH:s3H 'as:s are we tend
" What Of the Constitu-
The Birmingham age-herald., 1924-10-19
REAL ESTATE-RENT J

SOME OF M'CARY-FARLEY- HUMMER R. E. G INS. co. RENT REDUCTION. SPECIALS S05 Woodland Ave-, Groom bum gadoW .........a....... .SoOVO 909 Alabama St., Groom bunga- hlOW ........'..s .@oo.VO 143S S. 18th St., rooms ..$70.00 920 S. 18th St., 5 rooms; fur nished heat $65.OO 1719 11th Ave, rooms, upper apartment ..................$6 .$60.OO Call and inspect our rental list and let us show you what we have. It will be pleasure for us to show you. We have auto mobiles for that purpose.
 M'CARY-FARLEY-PLUMMER
 R. E. & INs. co.
 11S N. 21st St. Phone 6S61 SEE US BEFORE YOU BUY
 OR BURN
The Birmingham age-herald., 1924-10-19
REAL ESTATE-SALE X BUSINESS PROP. FOR SALE

DOoAENEoio hSOh OhS 0HhA@N INVESTMENT In the Heart of the Southside Activity.
 Corner
 19Ox190 The present rental is $415 per month. There is a big profit for the buyer. For price and terms and location,
 See or call
 T. F. Wood
 With MEYER & ENGEL 1901 1st Ave. Main 1906.
The Birmingham age-herald., 1924-10-19
REAL ESTATE-SALE K
 BUSINESS PROP. FOR SALE 9S
BE s s E ME R IN V E s T M E N T s

INV ES T M E N T s $30, 0,0O0-Centrally located in business section, lot 50 X140 it. with modern 2-story brick store building; terms, $6,- GOO cash, balance $6,000 900 per year with per cent interest. This is a very choice piece of property, and is sure to go quick. Rapid en- hancement assure.
 $12O,Ooo-win buy of the most choice pieces of business property in the city. One 18th St. corner, 1OOx1O0; improved and ,t well rented; ? modern .I 2-story brick stores in the very heart of the busiest retail section. This property is now leased to very reliable tenants for more than $7,000 per year. This proposition is worthy of the closest consideration of the keen investor. Terms can be had.
 $5,500-Cash will buy a brick store building 25x140, paved street in less than 200 feet of the busiest corner in the city. This is a pickup.
 s3,OOo-Cash for well located corner, 100v190 feet, a splendid location for store on corner and ad- ditional space for small bungalows. With these improvements this property would produce handsome return on in- vestment.
 We have for quick sale, 17 very choice negro lots at $25O each; legs than one-half the price Of any other similar lots in the city, Let us show you how you can build houses for rent on these and receive handsome re-