davidaulloa/AmericanStories huggingface dataset:
Evening star., 1924-04-09

fContirued from First Pagen
turc and industry 1t has received
from the German government ana us
representatives voluminous and satls-
factory answers in response to writ
ten injuries. In connection win Va
rious features of its rcsort. both for
the purpose of gathering information
and for advice. the COMMITTEES calIeU
TO it's assistance outside experts OF
international reputation. The pub
lished reports and statements OF
economists of world wide standing
have been in it's hands. 1t has had
also the benefit of the accumulated
information heretofore gathered by the
reparation commission.
I'm its work the full committee has
held since January II. 1924, forty
eight meetings. The subcommittee on
the stabilization of currency, com
posed of NJ Parmentier, Sir r. NJ.
Kindersley, NJ. Emile Tranquil and
Prof. r. Flora, assisted by Mr.. Henry
NJ Robinson and under the chair
manship of Mr.. owen ID. Young, has
held sixty-eight meetings, and the
subcommitte on balancing the Ger
man budget, composed OF NJ. Alix,
Baron Houtart and DR.. Pirelli, under
the Craftsmanship of Sir J. c. Stamp,
has held sixty meetings. These sub
! committees have also had the as
+. IL,
the general secretary of the repara-
| tion commission. The time of the
committee outside of that has been
given largely to investigation and
| study.
Free Agent Colleagues.
| 'In speaking of my colleagues and
as bearing upon the value of this
report, 1 feel that I should make
known to the reparation commission
and to the world that their govern
ments have in no case limited their
complete independence of the judg-
ment and action, either before or
aration commission. Limited only by
! the powers granted by the commits
( sion, each of my colleagues has per-
! formed his work as a free agent;
these men, searching for truth and
advice thereon, were answerable
only to their conscienceS. In grant
| ing this freedom, the governments
have on the same lines followed the
commissions spirit and intent in con-
stituting the committee, but in so
tribute which governments can be-
stow, namely, complete confidence in
| a time of crisis in human affairs. In
their vision, in their independence of
| thought, and, above all, in their spirit
! of high and sincere purpose, which
1 rises above the small things over
which the small SO often stumbl 2,
my colleagues have shown themselves
worthy of this trust.
THAT their work, which I now
place in the commissions hands, may
assist in the discharge of the COM
missions great responsibilities, is
| their prayer, and the knowledge
hereafter that it has done SO win be
their full reward
/ (Signed.) CHARLES G. DAWES"
Chairman"
Evening star., 1924-04-09
French delegates, NJ. Parmentier and

French delegates, NJ. Parmentier and
Prof. Allix.
when any question involving the
security OF France was broached ne
tparmentier) was adamant. once as
sured that no concession at the eX-
pense OF Frances right to safety vas
involved, he was foremost in suggest
ing liberal and constructive measures
designed to bring about united ac-
ton. Possessed of a technical equip
ment, high ability and exerting great
influence on the committee, he is yet
so modest that I imagine he does not
suspect his commanding influence on
the retirement"
Paper Attacks Report.
These sentiments are not shared b
fertinaX, who, like several othei
french writers, offers comment-aHd
condemnatior-on the report before
1T is published.
Inc French experts, by the verE
terms or reference Of the committee.
could hardly hope to obtain more
than they have wrenched from their
colIeagues, he writes. We are IA"
rom wishing TO censure them. Never
theless' the work which is presented
TO US To-Day IS hardly satisfactor!
Iermany Is given means of resurning
her eVasions Of 1921 and 1922"
Lucien Chassaigne, chief editor o.
lie journal, declares diyereencies
stil existed yesterday between the
cling the English and French YER
sions Of the report, but on important
points Of principle.
i Dispute on Ruhr.
The British and American delegates
desirous of leaving nothing in OBJ
| security, he says, asked that the repor I
should make clear that the mill
tary occupation Of the Ruhr was in
I Compatible with the complete ec0nom
&c liberty Of which Germany had need
to meet her obi cations, The French
and Belcians cmpbatically objected
and, as such pronouncemcut was out
side the attributions of the commit
tee, the point was dropped.
NJ. Chassaigne believes that or
paper, technically. the expert sue
ceedcd in solving the difficult problem
Iof restoring German finances to health
and assuring immediate payments to
/ tn" allies. They have undoubtedly
opened a wide way to general settle
ment Of the reparatiou question bv
simple, logical and honest means. and
Germany by rejecting them would
avow that she intended TO repudiate
all principles of justice and set hsr-
self against the whole world"
Evening star., 1924-04-09

By the Associated Press.
PARIS, April 9.-Part two Of the
Dawes committees report deals with
the conditions the experts found con-
fronting them when they began their
work, gives the reasons which led
them to some of their conclusions and
goes into various details regarding
the currency, the finances, budget
making and the imposition of taxes
and means of collection and admins
trat;on.
The committee points out that
when it took up it's task the German
currency could hardly be called sta
biliZed. but was rather in what might
be called a state of unstable equil-
ibrium" AS measured by gold value
the currency was deficient in vol
ume, rather than excessive, being
only about half the pre-war volume,
and to meet this there had been re-
sort to various devices as substitutes,
such as the use of foreign currenoies,
token money and ultimately the eS-
tablishment of the rentenmark.
Other Factors Found.
AS regards the temporary equilib-
rum the currency has reached the
committee found the psychological
dSpcCl " nave dH iHlpol tdH
part, notably by reason of the. efforts
being made to balance the budget and
the appointment of an expert COM
mittee by the reparation commission.
The prevailing conditions, the COM
mittee found, had produced dearth
Of liquid capital, but there were re-
sources through which this might be
remedied-for instance. the German
balances abroad and the foreign cur
rencies held by the people-resources
which would be available if there
were confidence in currency stability
In addition the need was felt for a
new bank, the establishment of which
was necessary to restore the old con-
dftions of German banking, and in its
desire to see such bank established
the committee went far beyong the
original gold bank plan formulated
by Dr. Schacht, the German currency
commissioner.
Takes Up Taxation.
The report then takes up the ques-
tion of the measurement of Ger
manys burden and of what 1t calls
commensurate taxation. In Ger
Evening star., 1924-04-09
liable to the allied and associated

lfable to the allied and associated
powers.
c2) Deliveries in kind are to be
continued but are paid for out OF bal
ances' in the bank.
IL. How the annual payments are
made by Germany:
(a) The amounts will be raised In
gold marks and paid into the bank.
(b) These payments cover Ger
many's annual obligation.
IS. How the payments are received
by the creditors:
(a) Germany's creditors win use
these mon'GEs in Germany or convert
them into foreign currencies.
(b) Experience will show the rate
and extent to which the conversion
can safely take place.
(c) The risk to stability through
excessive remiI tances is obviated by a
transfer committee.
(d) Sums not RENTED are ac-
cumulated but with a limitation of
amount.
Added GumKnntee Given.
IA Guarantees in addition to railway
and industrial bonds:
(a) The following revenues are pledged
for continuation of collateral security
for budget contributions and other pay
ments: "a Alcohol, (s) tobacco, (3)
pttf, t1J sugar w ~ooe'i4io'
(b) The yield of this soa't of revenues
is estimated to be substantially in ex-
cess of required payments.
Is. External loan-its conditions and
purpose:
Foreign loan of 500, 900, 900 gold marks
meets double purpose:
(a) Requirements of gold reserve OF
new bank;
Cb) Internal payments for essential
treaty purposes in 192i-25.
16. Organization.
Organization for Administration.
The organization consists Of
(a) A trustee for railway and indus
trial bonds;
CD Three commissioners of ID rail-
ways, CD the bank and CD controlled
revenues.
(c) An agent for reparation payments,
who will coordinate the activities OF the
above and will preside over the trans
fer committee.
II. The nature of the plan:
(a) The plan is an indivisible union;
(bD The aim of Germany G) to en-
able maximum transfers to be made to
Germany's creditors, (2l to take the
question of what Germany can pay out
of the field of speculation and put 1t in
the field of practical demonstration, and
go TO fasten a final and comprehensive
agreement upon all the problems of the
reparations committees questions as
soon as circumstances make this pos
Sible" "
Evening star., 1924-04-09

By tire Associated Press.
PARIS. April Am official sum-
mary Of the report of the second
committee of experts follows:
preamble.
The committee to consider the
means of estimating the amount of
German exported capital and or
bringing il back to Germany held
thirty-eight meetings in Paris and
Berlin. 1t adopted the date of De-
eember 81, 1929. as that to which it's
estimates relate 1t is not possible
to fix precise figures, but the COM
mittee has laid down maximum and
minimum limits between which the
actual amount is to be found.
Section Method of work.
"(a) While availing themselves of
all information the committee reject
! cd the method of making detailed
/ inquiry of bankers and business men
throughout the world as to specific
and confidential transactions on the
] part Of Germans.
| Method Of Procedure.
] .'tb> Instead it adopted the fol-
! lowing method: GD The committe e
| estimated the total value of German
capital abroad at the outbreak of the
! war. (2) II estimated the total re
duction thereof during the war as a
result of adverse trade balance dur
+ ing that period, advances by Ger
many 10 her allies, loss by sequestra-
/ tion of property in allied and asso-
/ Ciated countries and loss through
| depreciation in value of securities
! (3) 1t estimated the total accretions
/ TO German foreign assets during the
i war as a result of sales of German
| securities. interest acCumulations
sale of gold and profits realized from
| territories occupied by Germany.
(c) The foregoing calculation re-
! suited in an estimate of German for
/ eign holdings at the time of the
| arTniStice.
Methods of Increase.
(d) Since that date until Decem-
| ber 81, 1923. methods of increase of
! foreign holdings have been as follows:
| % Chiefly the direct sale Of paper
marks and mark bank credits; (2)
the sale of goods, real estate, pre-
cious metals; (3) interest on accumu-
J lations, tourist expenditures. foreign
! money expended by armies of occupa-
| tion in Germany; ca remittances
| from Germans abroad, earnings OF
| sportation companies for trans
Evening star., 1924-04-09

Hollands picturesque skyline Of
windmills is fast disappearing and in
their place the very modern electri-
cal transformer towers are rising.
The chief purpose of the windmills was
to pump flood water from the dykes,
to protect the low.lying fields from
overflow. But like all the crude in
ventions, the windmill often failed to
work when rains were heaviest. Now,
however, the electric motor will work
whenever current is turned on regard
less Of weather, mad Dutch farmers
viii continue to prosper.
Evening star., 1924-04-09
Not So Dumb.

From Life
Dorothy-How long is it 10 my
birthday?
Mother-Eot very long, dear.
We'll, is i time for me to begin
to be d good girI?"
Evening star., 1924-04-09

the first committee of reparation ex-
perts, is highly praised by Gen.
Dawes. in statement today TO
lie Matin.
Il can not leave France" said Gen.
Dawes. without speaking of the in
valuable contribution to the construc-
tive work of the committee of the
Evening star., 1924-04-09
DAWES WELCOMES
REST AFTER STRAIN

Continued from First Page
Evening star., 1924-04-09

Sales of gold aggregated one and a.
half milliard gold marks (c) Sale
OF German real property and securi-
ties to Foreigners approximated one
and half milliard gold marks.
section y. Conclusions as to amount
OF German foreign-held assets.
Conclusions of Research.
(a) Committee estimates that Ger
man capital abroad of every kind.
whether liquid or in permanent in
vestments, was not less on December
IL. 1923, than 81 milliard gold marks,
and not more than rs milliard gold
! marks. and it thinks the middle fig
ure of CTS milliard gold marks is the
approximate total. This figure by
comparison with the 1914 estimate of
German foreign holdings shows a
reduction in foreign holdings of ap-
proximately 81 milliard gold marks.
CD In addition to the foregoing,
foreign currency now in Germany
lapproximates 1000, 100000 gold marks.
tcl 1t must be remembered that
foreigners hold property in Germany,
"hIch mas counterbalancinS effect
ara the committee estimates the
Value OF such property as from one
. 10 one and a half milliard gold marks.
Section 4. Conclusion as to means
I OF bringing exported capital back to
| Germany.
Evening star., 1924-04-09
Opposes Military Club.

(c) Within the unified terrhor! 'he
plan requires that when ii is IN ef-
fective operation: QD If any military
organization exists, it must not I'M
pede the free exercise of economic ac-
tivities: (2) there shall be no foreign
economic control or interference other
than that proposed by the plan out
adequate and productive guarantees
are provided.
4 The committees task.
ta) Stabilization of currency ana
the balancing of budgets are inter
dependent, though they are provision
ally separate for examination.
Oh Currency stability can only De
maintained if the budget Is norhlaLi9
balanced: the budget can only pe
balanced if n stable and reliable cur
rency exists;
(c) Both are needed to enable Ger
many to meet her internal require
rDents and treaty payments.
T. Economical future of fertndhE.
ta) Productivity is expected from
increasing population. technical Skin
material resources and emlncnces III
Industrial science;
tbD Plant capacity has been IN
creased and improved since the war
Evening star., 1924-04-09

By the Associated Press.
PARIS, April 9.-An official sum-
mary of part l of the report of the
first committee of experts follows:
/. The attitude of the committee:
(a) The standpoint adopted has
been that of business and not poll
tics;
tb) Political factors have been con-
sidered only in so far as they affect
the practicability of plan;
(c) The recovery of debt, not the
imposition OF penalties, has been
sought;
Germany is her necessary contribu-
tion to repairing the damage OF the
war;
Good Faith Demanded.
(e) 1t is in the interest Of al par
ties TO carry out this plan in that
good faith which is the fundamental
of all business;
(D Our plan is based upon this
principle-the reconstruction OF Ger
many is not an end in itself; 1t Is only
part of the larger problem OF the
reconstruction of Europe;
(g) Guarantees proposed are eco
nomic, not political.
T. .. German political unity.
For success in Stabilizing currency
and balancing budgets Germany neeos
the resources of German territory as
defined by the treaty of Versailles
and free economic activity therein.
5. Military aspects, conllhuai
sanctions and guarantees.
(a) Political guarantees ana pen
alties are outside our JurlSdlctlon,
III, The military aspect of this prob
lem is beyond our terms of refer
enCeS,
Evening star., 1924-04-09
DAWES SEES PEACE AID
IN ACCEPTANCE o FPLAN
BY PREPARATIONS BODY

from First Pagel
Evening star., 1924-04-09
Cause OF Flight.

(a) Flight of capital was a result
IN the main of the usual economic
factors, namely, the failure to bal
ance the budget, initiation and the
raising of large national loans, but
1T was accentuated by the attitude
OIL the German people toward the pay
nent of Germany's war creditors and
was marked by ingenious devices to
evade restrictive legislation. 1t was
also Influenced by the action of spec
uIators and timid investors
(b) Neither legal enactments nor
severe penalties hampered the flight
OF capital or resulted in the disclosure
OF assets abroad. Under the economic
conditions above stated this demon
strates the ineffectiveness of rcstric-
tive legislation and the committee
feels that it would have been incffec-
tive whether or not the laws had
been fully enforced.
Must Eradicate Causes.
(c) Th only way to prevent exodus
of capital and encourage return is TO
eradicate fundamental causes Infia-
tion must be permanently stopped;
the budget must be balanced and a
bank of issue on sound basis estab-
lished
I'D The committee knows the con-
clusions of the first committee of ex-
ports and if effect is given to their
recommendations it thinks that a
considerable part Of German assets
abroad will return to the ordinary
course Of trade.
(e) Austria is case in point where
under a stabilized currency the neces-
sites of trade bring back existing
foreign holdings
% While believing that special
legislation is not required when a
country's finance is on stable basis
nevertheless during the period of
transition the committee suggests
that Germany might grant an am
nesty for a limited time to those
bringing their capital back who vio-
lated German law in sending it
abroad and that special terms be of
fered for subscriptions to government
loans which are made in foreign cur
rencies.
Evening star., 1924-04-09

Continued from First Page.>
Evening star., 1924-04-09

IinbiIity Is DeSiEnhted.
II Inclusive amounts and deIiv-
cries in kind:
Cd The above sums cover all
amounts for which Germany may be
Milford chronicle., 1924-10-24
Shawnee

Mr.. and Mrs. Edwin Taylor are
entertaining her mother, Mrs. Coffin
of Berlin, Md, the bast week.
Misses Dorothy and Geraldine
Green were weekend guests of
their parents at Wilmington.
Mr. and Mrs. Pierce Prettyman and
mother and Tom Prettyman of Mil
ford spent Sunday with relatives at
Smyrna.
Mrs. Nancy Truitt of Lincoln
spent last week with her daughter,
Mrs. Harry Belts.
Mrs. Jones of Houston is visiting
her daughter. Mrs. Clarence Cal
hOOn.
Mr.. and Mrs. Chas. Zach were Mil
ton visitors on Sunday.
Mrs. Mollie Prettyman and Mrs.
Pierce Prettyman were Georgetown
visitors on Tuesday.
The farmers in this vicinity are
busy now seeding wheat,
Milford chronicle., 1924-10-24
Magnolia

William Marvel of Wilmington is
visiting his parents, Mr.. and Mrs
Watson Marvel.
Charles Grace has opened a but.
cher shop in the 7. B. Draper store
Mrs. S. c. McIlvaine, Mrs. J.
Ralph McIlVaine and daughter Doris
motored to Primas, Pa, on Satur-
day and were weekend guests of
Mr. and Mrs. L. A. Reiff. Mrs. w. M.
George accompanied them as far as
Philadelphia. Mrs. McIlvaine remain
ed for a visit with her daughter.
Mrs. Laura COverdale of Bowers
Beach is visiting Mr.. and Mrs. CAL
eb Johnson.
Mrs. J. E. Hallman of Berlin, Md,
is a guest. of her mother, Mrs. Emma
Taylor,
Mrs. Paris Camper of Wilmington
spent the weekend with her par
ents, DR.. and Mrs. James Martin.
Announcement was made last
week of the engagement of Miss Lii
lie Williams and Mr.. Raymond Will
cults, of Wilmington. Mr.. Wilcutts
was a former resident of this vicin-
ity. He is the son of Mr.. and Mrs.
G.. W. Wilcutts near town.
Mrs. G.. W. Wilcutts is recovering
from her recent illness.
The shadow and box social held
at the school house on Friday even
ing was quite a success.
Mr. and Mrs. J. X. Sapp, daughter
Mrs. J. B. McIlvaine and son James,
motored to Middletown on Sunday.
Mr.. and Mrs. G.. w. Collins motor
ed to Philadelphia on Monday |
where Mrs. Collins will receive |
treatment under a specialist of that
city.
The Epworth League was led by
Mrs. G. Collins Davis on Sunday ev-
sning.
The Deputy Great Pocahontas and
her aides, installed officers of the
Degree of Pocahontas, No. 9, to their
stations on Tuesday ev-
ening, October 14th. Great Senior
Bro. Dyebeck was also
present. At the close of the meeting
corn and venison were served.
Mrs. Mollie MilbOurne has return
ID from a visit to Dover.
Milford chronicle., 1924-10-24
SUnnyside
(Near BridgeViIle)

Mr.. and Mrs. Harry Wiley were
visiting Bridgeville friends on Sun
day.
w. S. O'Day and Morgan Williams
passed the weekend with Mr.. and
Mrs. Austin Saxton of Delaware
City.
Wood Stewart and Miss Mary o.
Day and Jessie Rose and Miss Stew
art of Coverdale Cross Roads were
circling among friends here on Sun
day.
Mrs. Ida O'Day of Chaplains Chap
el was a guest of Mrs. Mary Wilkins
on Sunday.
The farmers are about through
picking tomatoes at this time and
are now busy threshing peas and
beans and hauling pumpkins.
Morgan Williams has just COM
pleted a sand table for our school.
He also specializes in converting old
worn out organs into useful book
cases.
Milford chronicle., 1924-10-24
FELTON,

The beautiful Indian summer wea-
ther that has prevailed for October
is an opportunity for farmers to dig
and store the sweet potato crop;
which is of large importance to this
part of Kent county. The buyers at
the station and spectators, are pay
ing growers sixty cents-which is a
fine price for sweets direct from the
field. No loss from shrinkage.
The prospect now is, for growers
to get large prices this coming win
ter by storing. Those who have the
storage houses are putting them
away and will take the chance for
the winter market.
The wedding of Miss Pearl Marker
and Ira Delong, took place at the
Harrington M. P. Church parsonage
on Sunday, October 18th, 1924. The
ceremony was performed by Rev.
Morris. The bride is a daughter of
Mrs. Susan Marker of FELTON,. The
bridegroom is a son of Mr.. and Mrs.
Sydney Delong, also of FELTON,. The
young people have a host of friends
who wish them a very happy future.
The w. c. T. U. held very much
enjoyed social meeting at the home
of Mrs. Charles Cook on October
10th.
Jack Frost paid his respects to
last week and blasted |
tender vines. The leaves are gorge
GUS in color-but the brown fields
and bare limbs Of the trees will soon
warn that winter is at hand.
The cannery here completed can
ming tomatoes last Saturday, Octo-
Der 18th, and started working on
keiffer pears last Monday and will
work until near the middle of No
yember.
Mrs. Agnes Carson is yet patient
n the Milford Emergency Hospital
md is slowly improving. She is able
o move about in a wheel chair, but
an not walk.
Miss Madaline Reeves is a student
It Beacom's Business College in
Mr.. and Mrs. VIM. Kitchens Of
were guests of Mr.. and
Irs. George Kitchens over the week
nd.
Milford chronicle., 1924-10-24

Most of us do our best work under
the whip of necessity.
Milford chronicle., 1924-10-24
CaFeys

Mr.. and Mrs. Horace Wootten anC
family visited Elisha Wootten anC
family on Sunday.
Mr.. and Mrs. C. E. Wilkins Of
MillsborO visited R. e. Wilkins anC
family on Sunday.
The farmers in this vicinity are
busy harvesting their sweet potato
crop which is not nearly so large as
usual.
Mr.. and Mrs. Lloyd Rogers and
son of Georgetown visited VIM. R.
Dorey and family on Sunday.
Miss Olive Bush has returned to
her home here after being under the
care Of a doctor at Lewes for about
six weeks. Her condition seems to be
much improved at this time.
Mr.. and Mrs. VIM. S. West spent
Sunday with C. D. West and family.
Mr.. and Mrs. L. P. Jones and fam
lily entertained friends from Will
mington and Newark Sunday.
Mr.. and Mrs. John Conoway and
Mr.. and Mrs. John Conoway and
daughter Mildred spent Sunday with
P. J. Mumford and family.
Mr.. and Mrs. John Brittingham
and son Clifton spent Sunday with
J. J. Brittingham and family
Mrs. Sarah Truitt and daughter
Mildred Of Salisbury are spending
some time with R. E. Wilkins and
family.
Several from here attended the
revival services held at Zoar on
Sunday night.
Washington Hudson spent Sunday
with Walter Locates and family.
Services Sunday: Sunday school
1870; class-2:S0. Everybody invited.