The Bismarck Tribune Newspaper, February 22, 1919, Page 2

WILL. PAY, None ‘of ‘Phem Now Now Alive Will Be: Living ‘When ‘Last Dollar ‘Has Been-Handed Over By RICHARD SPILLANE A cablegram ‘from Zurich the other day reported an announcemen meeting of the finance ministry -thar thats state-of bankruptcy be de clared throughout Germany. In this; “event, according to Finance Minister Sudekum, priyate incomes would be confiscated, ‘allowing individuals only such an amount as they actually need-} | ed for sustenance. This would be interesting and im-} portant, if true. If any nation were to embark on such a communistic undertaking the | world af large would ‘prefer it should} be Germany for it would be followed by disorder, travail and woe. We are likely to have all sorts of! reports as to what Germany intends} to-do.” They may be taken with grain of salt. Some will be to wor the-allies. -Some will be for home con sumption. “Germany, to use a figure ‘speech, is ‘between the devil and the deep blue sea, the devil in this instance being a debt which appals the German statesmen and financiers. It is to thetr interest to make it appear as if they -Seamnot pay anything like what the ai- les ‘will demand in the way of indem-| nities, and every ruse and artifice will be utilized }in that direction. In the ‘end, however, Germdhy must pay what the allies tell them is’the -penalty for the erimes they have committed. And Germany will pay, but not without pro- test, threats, lamentations such ‘as we never heard: before. a, 38, reveal today Ls It Wwouldbe Just fis easy to prove she yOu I depends wholly upon“ how you wish’ to view the situation. ‘As the wealth of nations is estimated Germany's wealth is put at $50,000,- ,000, und ‘her national debt at $40,- . When you add to this debt the indemnities which she must pay the situation seems hopel That is what the Germans would like the world to think, bpt the pl finance among th® allies hav nosed Germany and the Prescribe a long ¢ of tre ‘for the patient t ant for th 1,000, «many is to be determined. s mates yun from 40 billions to 100 bil lions. Manifestly this could not be add- ed ‘to-Germa: domestic debt with- out Mteny crushing her. tent in,.the field 6f es eat ihes “and we ¢te ely . ha n the way Gerniany debt problem is handled. ”* Without ‘any pretense to pri may ‘be said tht something after this |. “form will be the plan: ‘oThe allies ealculatton of the co: ‘them, ‘will estimate what it is possi- iving at a fair ner Cent on 2 that the internal caled down or ‘to “inter t at 5 a eney will in Sertly, become preferred credi They will s or giv sideration to this 40 billions of domes- ‘tic obligation. It may be funded to be paid or, rather, to have interest paid after the indemnities are dis- “charged, but not one mark ‘until then. If the allfés believe Germany can pay interest and principal on 50 bil- ‘Hons 6f indemnity that will be the bil: ‘The‘amount will:be alccording to ‘their ‘findings ‘and it will be ful Before Germany fipishés pa; May pay in interest and ielnelval, sit, ble or treble the sum named as the to- tal of the damage claim. ‘As security for the debt the’ mate- ral-resources of Germany—coal mines, potash beds and other properties of value greater than her estimated na- tiortal wealth—may be pledged. ‘The estimated national wealth of a ‘Nation is no index to the material un- developed wealth. For example: The British national wealth is put at 100 ‘Billions of dollars, vet the value of her yét to-be mined is esti- mated at 700 billion: It would be easy to prove Germany | THE HEROIC SAC- RIFICES OF FRANCE Never in the world’s history has any ‘nation -ever -sacrificed -so -heroicaly,-of its bldod-and treasureithan has Erance in the present world conflict, Her‘great peasant population have :sfiffered and _ PAY, PAY! bled for democracy with undying forti- tude. Anierica ‘also owes these people ln great debt of gratitude for a perfect remedy “for ;stomuch, liver and intes- | tinal dist rs.which it is reported has jalready saved many American lives and }prevented thousands of su opera- tions. Geo. 1. , for years a lead- hing Chicago ate st, imports and sells lit in this country under the name (of Mayr's Wonderful Remedy. Jt: is a ple, harmless preparation that rée- aturrhal mucus from the et und allays the inflam- mation which causes practically all |stomach, liver and ntestinul ailments, lincluding appendicitis. One dose will | convince or money-refunded. For sale. by druggists evervwhere. ———— 0—————————— |mate is speculative purely, but | serves to illustrate ‘the pojnt. | In figuring on Germany's -ability to |pay, the allies will not overlook the fact that the Teutonic empire, while sirloped of Alsace-Lorraine and per- haps of ‘some eastern provinces, will jabsorb German Austria and be as jlarge, if not Jarger than before. Also that Germany's industrial and agricul- tural establishment has ‘not’ Been im- | paired seriously. Likewise that in the jgovernmental overturn there has been a speedy return-to order. To safeguard themselves in the pe: riod of reconstruction and after and to lighten the burden of their taxa; tion as well as ta make it impossible for Gernminy to ‘outstrip them com; jmercially, they must draw from Ger- many all that Germany ‘can bear with; out having her vitality impaired. No person now on “earth (will live to see the day when Germany has paid the last dollar of her war debt. .To children and?children of children now, unborn the burden will be passed. that we have such emanations as that from Weiniar by ‘way of Zurich. _ NEW BANK ‘CASHIER \Graduate ‘of Dakota Business College Promoted announced that C. J. cashier of the . D. Mi ing busine ay the Dakota Business College, sarge, D. s in great, “ema it fi Just x he Amenin- “| Sharon Land Co. y DLE ‘tilted atas y Bean at $85. 00. , has just been employed by ‘North: Dakota Legjslatare Bik itch “Ant Mabel Damon b; jehlossery: rar of Deeds, aronto*e Cars , N. De : : The ‘great..demand for D. B. °C. pupi is no doubt due to the fact that real business methods and net, mere ries are taught. F. L. Watkins, President of the Dakota Bus .{iness College, bee) Front Street, Fargo, cs ! Rheumatism A HOME CURE GIVEN BY ONE WHO HAu IT. in the pring of 1893 I was at- “ by Muscular and Inflama- Rheumatism. I_ suffered as those who-have it know, ‘for over three years. I tried remedy arfter remedy, and doctor after doctor, but such relief as I ‘re- ceived was only temporary. Final- ly £ found a remedy that curedme completely, and it has. never re- turned. “I have gtven'it to a num- ber who were terribly afflicted ‘and even bedridden with Rheumatism, and it effected a cure in every case. «l want every sufferer from any form of rheumatism trouble to -try thi: marvelous healing. eve Don't send a cent, simply_ mail your name ang apres. pa 1 will send it free to t After you have used it and it Has proven itself to be that long-looked-for means s curing your rheumatism, you may send the price of it, one dollar, ‘but understand, I do not want -your unless you are_ perfectly fied to Send ‘it. Isn't that fair? Why suffer any longer ‘when positive relief is thus offered you free? Don’t delay. Write tod: Mark_H. Jackson, No. 167E:Gur- ney Bldg., ‘Syracuse, N. Y. Mr. Johnson fs ‘responsible. ‘Above ‘statement true. mone The Wealth of ‘the Nation The crisis ‘has passed but the sky is not yet entirely clear. We have much-to do be- fore us—and thingé will never go‘b: warconditions. We-have outgrow: to pre- |d meth- ods; old.limitations, and narrowing ideas, and are shattering precedents right; and left. But the wealth o: soil and her farmers. Once .again the f the nation is still her call is heard for. large crops, inereased.food production, The fprnier will hear and respond. ‘This-bank is ‘especially. interested in its farmer "customers. There are.men here at »your-serviee who have had practical farming experience-:and« who understand farming ‘problems ‘and their solutions. Make’ use of this feature of our service. Let this hank be Sor rte pthao whenever you-are in tewal >: ¢-: ; It is because the Germans know this |: BY CARL SANDBURG. N. E. A, Staff Corespondent Recently ‘Returned From Northern Eupope It is not easy to get «# ‘straight- away answer to the question, “How much of a money stake did the allied nations put into Russia before the war and during the war?” I put this question to bankers, ‘fi- nancial editors and government ofti- cials in Sweden and Norway. They said Russia is so big and money mat: ters so tangled, nearly everyvody knows something and nobody knows anything about Russian finance. _ France alone puté$2,300,000,000 into Russia up till 1912, according to one Stockholm authority. His figures showed England to have $873,000,000 up to 1907, of which $388,00v,000 was state loans. The best that one financial editor could do for my enlightenment was to cite a Rusisan statistician, M. Isch- chanian. He put foreign capital in Russia in the year 1900 as amounting altogether to 7,145,600,000 rubles. (A ruble in normal times was worth 50 ‘ No Let-Up in Its Torture e Pretty soon you will be reaching for the liniment bottle again, for the mil- lions ‘of ‘little pain demons tliat gause Bheumatism are on tlie warpath. Win- ter weather seems to awaken them to renewed fury. But your Rheumatisni cannot be rubbed away, because liniments and lo- tions ‘cannot reach the disease” It is inthe: blood, and only a remedy that RUSSIA HAS MORE FOREIGN. MONEY THAN HOME CAPITALIN INDUSTRIES cents, though it ranges around 10 and | 15 cents now) This was split among outside nations as follows: » France, 4,400,000 rubles; Germany, @,920,000,- 000; Higland, 372,000,000; Belgium, 253,000,000; other European countries, 200,000,000... At. the time these totals were announced they were generally believed to be a good deal under the true figures. Also, the outside finan- iclal development of Russia ahs seen its largest increases since the fore, going figures were given out. They indicate, however, something of the immensity of Russia #8 a field for the stakes of foreign capital. Between 1911 and 1913, there were 774 companies founded with Russian capital. In the same: period, foreign- ers. came in and founded 92 compan- jes. So “we see that just before the ‘big war came ‘along, about one new company ‘out of nine in Russia was started by outsiders, It should be noted that the enter prises. started by foreign capital were lager than those of Russia.. The average’ share-capital of ‘the -foreign companies was 1,736,000 rubles per Rheumatism Back on the Job With Its Old-time. Fury and routs out the disease germs, can rid‘you of this disabling disease. S. S$. 8. has given some wonderful results in treating Reumatism. Be- ing a purely vegetable blood remedy, it ‘purifies the blood of every germ, and thus removes the case of Rheu- matism. Get a bottle today at your drug store, and start on the right treatment that will get results. Free advice about your case can be had by writing to Medical Director, 26 Swift Laboratory, Atlanta, Ga. goes deep down in to the circulation, FURNITURE ~ see THIRD OFFICIAL U. The Oldest and ‘Larggst Bank { inthis sectionof nngnueceueeeneonegnacnacvecvevapctcuenescasvaegntveeatencanoncegenaenazesia 2 During this time of high prices it-will pay you to ‘have that old furniture repaired and‘refinished at a small frac-- tion of the cost of new. Picture Framing, Window Shades, Tents, Awnings We are located directly west of the Postoffice. Call and We Make a Specialty of Crating and Packing Furniture for Shipment. A. E, SHIPP, Prop. ‘PHONE 349-K A “FRONT” SEA1 in the “THEATRE of WAR!” See Foch and Pershing at historic Versailles. See the Yankee flier bring-down a Gefman Plane! See the fighters at Chateau-Thiérry and on the Pisve. “UNDER FOUR FLAGS” Filmed by U.S. Signa! Corpa and Navy: Photographers ip France and itety’ AUDITORIUM," Last Time To-Night ADMISSION 25 and 50c Special Saturday Matinee, 2:30 p,m. REPAIRING antnuvccaccasanean us. S. WAR FEATURE -UNDERSTANDIN Go THE HELD ‘The’sati#faction which you derives from ‘your bank ‘depends to ay large extent upon how thor- oughly it‘understands the field in which it operates. On this’ “point there-is no bank ‘better fitted to _ vender satisfactory ser- . vice than ‘the FIRST NA- _MONAL BANK. For nearly » forty years we TAUAOUOUOOUOSUOTENNAT rubles. years more. now, on have been serving firms _have ‘developed facilities that are setond to none. We cordially » invite company, while tlie average share-cap- ital per russian company was 1,220,000 We get a line on Russia as a pio- meer in ‘modern industry by looking at these figures: 16 stock companies in Russia operated on foreign capital. 215 new ones came between 1900 and 1910 thero were 160 Before 1890 only In the next 20 ‘n. And I talked with an American who made the trip between Vladivostok and ‘Petrograd. He jotted in his note book, “The country we went through today was like Kansas.” day it was Oregdn or Wisconsin or Montana. There is land, everything of physical resource, need- ed for the makings. of a great nation in Russia and Siberfa. All they need The next coal, iron, climate, top of what they've already got is—well, that’s what the peace conference and the whole world is talking about. the history of the next 10 years or a hundred. On the answer hangs 2% 11% Isn’t this a reasonable profit?,... . _, ‘ in 1918. 2 cents-on each dollar of sales-—only @ i) "3 fraction of a-cent:per pound—was too'small to have any noticeable effett on prices. * 11% on investment (capital ae ets) means: only fair returns: to shareholders; they received. Bde dividends, in 1918. Would margin of profit in your business? : This and many other interesting and instructive i: ie fatts ‘are ‘shown in our 1919 Year Book, which will ‘be bh sent on request. , Stock Yards®Chicago, Hlinois. ‘ The figures: quoted in this advertisement : are certified by Arthur Young‘& Company, | | - | Certified Public“Accountants, Chicago, Ill. / a. It is what Swift & Company earned a | The 1918 earnings of Swift & Company ‘were equivalent to a profit of only i " $212 on Sales of $12,0 ALL NATIONALITIES AGREE _ Rent receipts are worthless. Why accumulate them? You will be interested in-our-+home building properties!at the prices for {|§ - which we*hold them. You cannot start younger. Buy a. 2 lot for a‘home today. Bismarck. Realty Co. Tel. 814 ot 212 Bismarck Bank ‘Bldg. on Sales. on Investment . ) f >=, 25,000 th i ii 19.1 h 2 000. you be content. with that Address Swift & ‘Company, Union i < rr] ‘ / "The Fidelity. and Casualty Company of New York .J. B. HALLORAN & CO., Agents Fire, Lightning and Wind Storm, Automobile, Farm and Hail, Life, Ac- cident and Health, Bonds, Plate Glass and Burglafy, Physicians and Drug- gists’ Liability. AUTOMOBILE Liability, Property Damage ‘and Collision. BISMARCK BANK BUILDING