The midland journal. (Rising Sun, Md.) 1885-1947, 1925-05-22


tinue to enjoy the benefits derived
from it's designation as a contract mar
ket, it must draft more definite and
stringent rules facilitating the opera
ton and maintenance of federal super
vision, preventing the development
and dissemination of rumors in the ma
ture of false, misleading and inaccur-
ate reports and statements, prevent
ing actual or attempted manipulation
or cornering Of the markets and dis
couraging any tendency toward ex-
tensive Misrepresentation.
Mr.. Jardine admits that so far the
inquiry has not uncovered sufficient
proof of manipulation for the obtain
ing of conviction, but says the in
vestigation will be continued, with the
aid of the Department of Justice, and
that If enough proof Of guilt is OBJ
tanned it will prosecute to the limit
of the law. He says, however, that he
is even more concerned with the larger
phase Of the question, namely, the de-
velopment of some method by which
may be Obviated.
President Carey Of the Chicago
board of trade said action would be
taken at once to meet the "construc-
tive suggestions" of Secretary Jardine.
Charges of speculative interference
with prices already are under investi-
cation by the exchange.
THE International Council of Wom-
L en- brought its quinquennial con-
vention to close last week after ten
days of discussions and resolutions
that aroused the ire of many women
outside the council The critics made
charges Of pacifism and International
ism against the council, and one of
the most bitter, Mrs. o. D. Oliphant,
national president of the American
Legion Auxiliary, asserted that the
American delegates had passively per-
mitted the foreign women to run the
convention, which she characterized
as propaganda party" Mrs. Philip
N Moore, president Of the National
Council of Women. denied this. .
II am at a loss to guess at the rea-
sons for or the purposes Of these I'M
fortunate TRADES which have been d.
rected against u.s." she said. 1T may
be desire for personal notoriety on
the part of the individual critics. 1t
may be a misdirected overflow of pa
triotism. At all events, the insinua-
tons against our patriotism or 10y
atty have been unwarranted, unjust
and unfair"
In the matter Of international peace
the chief action of the convention was
the adoption of the resolution favor
ing gradual simultaneous disarmament
under the control of the League of Ma
lions. As worded it implied the right
of France to arm for security, and for
this reason the German delegates re-
Trained from voting.
WELL, Won Hindenburg is presi-
wv dent Of Germany, and the re-
public still lives. What's more, the
erstwhile leader of the kaiser's armies
| took the prescribed oath to preserve
| the constitution and laws of the COM
monwealth, led the formal cheers for
the republic and with three "hochs, !"
| and in his brief, well-worded address
gave no least intimation that he would
like to see the monarchy restored. The
ceremony of Inauguration was rather
simple The Communists gave it the
only exciting touch. AS Hindenburg
entered they chanted: Down with
monarchism, long live the soviet re-
public" and marched from the room.
| Next day the president received rep
resentatives of all the departments of
state, and his bearing and talks made
an excellent impression. In his con-
ference with DR.. Steiler secretary of
| state, the new president came face to
face with the difficulties the Germans
are facing in fulfilling the Dawes plan.
DIR. Steiler defended the directors of
the railways from the attacks made in
the reichstag and he told how 10000
more employees will have to go before
the railways can come within the
budget figures.
"A great part Of the payments which
Germany will have to make, accord
ing to the plans of her war adver-
sarles, will be put on the railways"
DIR. Steiler said. ut will call for our
whole strength If we are to fulfill the
obligations imposed on us. Only if
we succeed will the great treasure of
the German railways be kept free of
foreign influence for Germany. 1t is
not an economic problem, but a ma
tional one, that we must solve"
ERENCH operations against the Riff
Il fans In the French zone of Moroc-