The midland journal. (Rising Sun, Md.) 1885-1947, 1925-07-03

try. The catching and Furnishing OF
illicit drinkers is left to the states,
like New York and Maryland, that
now have no state enforcement acts,
the local authorities are not absolved
from enforcing the national statute.
REECE is getting to be as addict
~ ed to revolutions as are the Cen
trail American countries. Last week
another was staged there, in which the
Saloniki garrison led and was Joined
by the fleet. According to the brief
dispatches that filtered through, mill
tary government was set up presided
over by General Pangalos, former gen.
eralissimO who handled the rebels
when the lroyalists were defeated in
1922 and proclaimed the Greek repub-
lie on December 80, 1923. All civil and
military institutions have been occu-
pied by the revolutionists and press
censorship has been established The
immediate resignation of Premier
Michalakopoulos was demanded be-
cause Of his alleged inefficiency.
I'M QUOTATIONS are now unde-
way for the funding of Italy's
war debt to the United States, the dis
cussions having been begun in Wash
ington between Ambassador de Mar
tino and Mario Albert on the one hand
and Secretary Mellon and Undersecre-
tary Winton of the American debt
debt is about $2,1SS,000,000. The gov
eminent at Rome wishes to spread it's
payments over period Of years and
also desires that there be a delay in
the beginning of actual remittances.
The moratorium may be for ten years.
The conferences concerning the debt
are to be surrounded with secrecy, NO
statements being given out except for
mally by Mr.. Mellon and the ambassa-
dor.
DRESIDENT COOLIDGE with his
family and suite is safely and COM
fortably installed in the summer White
House at Swampscott, protected from
intrusion by guard of marines Be
fore leaving Washington he addressed
the department and bureau chiefs
urging further economies in the con-
duct of the governments business and
making the welcome announcement
that the economies already effected
promised reduction in income taxes
of about $3O0,O00,O00. Total public ex-
penditures in this fiscal year, ending
June 80, are $3,035, 100000, compared
with $5,116.O00.000 in 1921, while the
public debt has been reduced from
4 $23,977, 100000 to $2O,551 100000 That
retrenchment the President pro-
nounced unparalleled in history. He
estimated the surplus for this fiscal
year at $200,000,00O and for the next
fiscal year at $29000000O, and said he
would recommend to congress reduc-
ton of taxes.
THE sensation of the week in the
= business world was the change of
presidents and policies by the direc-
tors of the Chicago & Northwestern
railway. President w. n. Finley re-
signed, ostensibly on account of i'll
health, and F. w. Sargent, vice presi-
dent and general counsel, was elected
to succeed him. At the same time
Marvin Hughitt, the veteran railroad
err, resigned as chairman of the board
of directors and that office was abol-
ished.
The change in management of the
Northwestern was generally accepted
as having been brought about by bank
ing interests that for several years
have been dissatisfied with declining
earnings and operating policies. The
Vanderbilt and First National bank
groups in New York are the dominant
interests behind the road. Sweeping
changes in operating policy are ex-
pected under Mr. Sargent. Under his
direction, the Northwestern recently
assumed the leadership in the move of
the Western roads to obtain relief
from poor earnings through an in
crease in freight rates. These appli-
cations are now pending before the in
terstate commerce commission.
a MOTHER United States senator,
"A like La Toilette prominent
member of the insurgent bloc, died
last week-Edwin f. Ladd of North
Dakota. He passed away in a Balti-
more hotel after long illness. Mr..
Ladd, who was elected as a Republic
an with the support of the Nonparti.
san league, was q staunch supporter
of La Toilette in the third party move
ment last year. His successor win be
appointed by Governor sorlie.