Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-16
AMERICAN WATER
PLANT FOR ATHENS
Modern System Is Planned
on Shore of Marathon
Lake.
BY JOHN F. SINCLAIR.

Special Dispatch 10 Inc star.
NEW YORK, February 16.-For the
first time in 5000 years, the ancient
city of Athens, Greece, Is 7oon to have
an adequate water supply.
The American firm of Ulen & Co. has
Just completed the Boyati Tunnel-8H2
miles through the Parnes Mountains =
to give the Athenians modern water
works system.
Roman Emperor Hadrian, in 100 AID,
has been utilized. This aqueduct was
the only substantial source OF water
supply for Athens until 1925.
These American engineers reported 10
their New York Office recently that Mara
thon Lake, created by the marble
faced Marathon dam, had overnoWeo'
indicating that over OOO,OO0,0OO gal
Ions of water is now impounded.
The entire cost of the water works,
Including the tunnel, will be little
more than S11 900 900, and the Amerl-
can firm has joint contract with the
Bank of Athens to manage the water
supply for the next Is years.
The city that Pericles made glorious
Is becoming Americanized.
Canadian Mining.
so much has been said about the
Canadian wheat situation that one
might get an impression that nothlng
else matters IN OdIldud' ouV Az '
very materially. "a. o+a1
production for 1880, valued at $40
a5o moo This stands second only TO the
record established in 1929. 1t Is nearly
60 ooO 600 greater than the total LOT
1928. which was the record up 10 tnat
time. ,o,,o,0,,,,,e,,t
in mining is going ahead, without muca
heing said about it. is shown by the fact
that in 1921 the output was valued a az
SI72 600 OOO Eight years later, In 1872
II was more than $4,000, 0OO
Copper. nickel, gold, zinc, silver, coal,
lead and crude petroleum constitute
the bulk of the valuable products: a.
The Royal Bank OF Canaoa, ~ no
current monthly bulletin. commentHle
on the expanding gold production says
that in 1880 the production exceeoeo
for the first time 100000 ounces, OF
more than double the output OF 1871:
Only two nations-the United States
and South Africa-exceed Canaoa III
gold production; And Dy ts'4 r. LIE exceed
that of the United States. For the total
American production in 1880 was q
232, 593 ounces. o;,,,,,
in the region of Porcuplne ana hHk
land contributed 81 per cent OF
the total last year. -,,,,
Canadian business conditions are stand
ing up better than many other coun-
tries. not so richly endowed by nature.
Feast and Famine.
In his recent book, THE Menace OF
Overnroduction-Its Cause, Extent ana
Cure'" DR.. Virgil Jordan, clear-headed
economist of the McGraw-Hnl Co.,
says: IL,
should suffer from having too much IN
a world where good deal OF WanC -
found everywhere at all times. But IN
this society in which serving human
needs is still secondary and incidental
to making money, feast and famine are
constant companions or always close
on each others heels"
DR.. Jordan more and more seems 70
be following in the footsteps OF the wen
known English economist, j. A. Hob
son. in believing that the key problem
of the present era Is the wide distr1-
button Of purchasing power, instead OF
being concentrated, as 1t has been, In
the last few years through relnVest-
ment of income.
Price Of Bread.
Why does not the price of bread In
the United States come down? Con-
gress wants to know. So does every
body else.
Joseph Becker of he United States
Bureau of Agricultural Economics OF
the Department of Agriculture has
completed a study which shows that
the farm price of wheat Is now at
the lowest point reached in % years.
Flour made of wheat, has come down,
too. according TO Ethelbert Stewart,
commissioner of labor statistics. For
mer Representative Sydney Anderson
Of Minneapolis, representing General
Mills, Inc, also has given figures to
show this.
Wheat has dropped-so has wheat
flour! But not bread, made from -four.
In fact, it has shown rise. Why?
Mr.. Anderson explains that flour.
after all, is relatively small factor
in the price of bread. Other in
gradients control"
Mr.. Stewart, however. furnished in
formation to show that all other in
gradients except milk also have de-
.clined, and that the average cost OF
labor had not increased since 1921.
This pertinent question has been
asked:
What American cities have the low
est-priced bread? Mr.. Stewart answers
by saying Baltimore has the lowest
price, with New York second and
Philadelphia third, while Washington,
where the highest wages are paid, has
the highest.
Now that the subject has been
brought to the attention of Congress
there is likely to be thorough in
vestigation.
Britain Raises Cash.
England still has plenty of cold cash
laid away for rainy day. Take the
case Of the recent loan made in Lon
don to the new government of India.
It was thought that the political and
economic difficulties in India might
have a real effect on the loan of
E17,000,000 (about $85, 000,000) which
was offered this week on the London
market.
The subscription for the loan. which
was 5l2 per cent, sold at 81, and was
oyersubScribed within two hours.
In spite of the difficulties, under
which London has been working since
the war, she can still raise an enor-
nous amount of money whenever the
occasion demands.
(Copyright, 1881. by North American News
paper Alliance