Casper Daily Tribune Newspaper, February 4, 1923, Page 11

SUNDAY, FEBRUARY 4, 1923. Casner Sunhsav nrnina Tribune PAGE ELEVEN ' ! gan, Although the plaintiff protest- | Oil shares developed strength on i ed the Prince ‘took the view that since! the announcement of further n= ¥ 3 the Duchess had agreed. to. accept 3 jereases in the price of crude oif. an Austrian in plate of Swiss currency,| Coppers benefited: by the resumption he would continue to pay Austrian | of dividends on Butte and Superior currency, regard'ess of the difference [and sales of the red metal at 15% in value. cents a pound, the highest price in Through her attorney the Duchess some time told. the court that as the result of as OFFICIAL, ANSWERING BABSON Problems of Europe can be corrected la 165. Other r to moter stocks, | would r sult In a better showing next |Grand ‘Trunk Ral Casper 1 ton forced us into Essen. It was a|the spiritual conditi B Great Norttern 7a A - 2 EHoulasty Cl ie : eit case of sink or swim. We swam. must be feapeowedlt on of Europe | Great Northern § 1-38 B ae ne ee ee oS nes Mr. Babson again reiteratec, his soe Seats And TAA Le Gis Ee AM: statement that the troublo with Eu-| General business in the United|Montena Tene Bem 48 rope was primarily spiritual rather | States meanwhile continues slightly} New York Central deb. 6 than financial. He still contends that | above normal, plus 3 per cent to be| Northern Pacific pr. lien 48 the French tactics in the Ruhr dis- tricts are fundamentally wrong and will complicate the problem rather than simplify it. Discussing the ac- *tual payment of the reparations, Mr. Babson continues: “Several ways of collecting the thirty-two billion dol- lars, that Germany owes as repara- tions has been suggested. “The French plan is being tried out at present. It promises little in the way of tangible returns. Regardless of how much the French are able to collect at the point of the gun in the Ruhr district, the methods ‘they are employing, if continued, are bound to increase hard feelings between France and Germany. They are sowing the sceds for another war. “The English view approaches the problem from another angle, but Mr. Balfour's suggestion that we cancel one another's debts, and thus reduce greatly the German reparations, is to my mind absolutely unfair. All nations involved, except the United States, are borrowers as well as lend- ers. The person who is borrowing as much as he is lending can enter into the agreement that all should cancel his debts. He forgives a mil- lion dollars and likewise has a million dollars forgiven him. The United States, however, is at the end of the line. These nations owe us ten bil- lion dollars and we owe them practic: ally nothing. The mutual cancella- ion of debts is not a solution to the problem. I believe that an effort to- ward reason, rather than force, how- ever, {s a step in the right direction. “One of the most feasible solutio suggested so far is that proposed by C. W. Barron, owner of the Wal Street Journal, and Boston and Phil- acelphia News Bureau. He suggests that a receiver be appointed for Ger- meny and thatthe matter be han- died exactly as that of any other great bankrupt.: Secretary Hughes’ idea to have a commission of. prac: tical bankers, rather than a commis sion of diplomats and_politic'ans, is a similar step in the right direction. “If we look at the matter,” con- tinued Mr. Babson, ‘from. either. of these receivership points of view, we face the real problem. If Germany had thirty-two billion dollars in gold it might be a simple matter. to coilect it, but she has no such amount on hand. Germany has only about $260,- 000,000 in gold. This means that some method must be devised by vhich Germany can get thegold with vhich to pay the reparations, France ays that if ‘she ‘cannot pay in» gold she must pay in machinery, coal and other property. But taking away these tools does not help her earn- ing power. It simply makes it hard- er for her to earn. anyth| It is like attaching a.carpenter’s tool kit for a debt. It makes it impossible for him to work or earn anything and he never can pay up. “Obviously, if the reparations are to be paid, some plan must be worked out which will enable Germany to sell more goods in Engiand, France and the United States, than she is selling today. This suggestion, of course, raises a howl from our man- ufacturers and the manufacturers in all these other countries, They say that by such a plan Germany would ultimately be the winner rather than the loser because she would ultimate- ly have the trade of the world, They say that this suggested receiver for Germany, if on to his job, would de- velop great foreign traCe and when the receivership was discharged the German nation would ‘stlil have this tremendous © ‘commercial machine. England has thought the thing through to this point, hat has made her so anxious to cut down German reparations. “Jf such a commission should be appointed and should decide what Germany can pay and will pay, the shock to our commercial and finan- clal organization could be somewhat reduced by having payments begin in small amounts and gradually increase over a period of several years, then gradually decrease again so that the commerce of the world and tho finan- clal machinery involved in-interna- tional trade could adjust itself to the nges. The problem is very complex.” continues Mr. Babson, “but it does not appear hopeless, Individually we an all insist that it be handled by a Woard of commissioners, who are Christian business men—who ap- ’ ach it with the idea of coming to solution that will be best for the worlé as a whole. In the inter- oxt of future peace, we should protest udly against proposals offered politicians, or others who are in- tested primarily in gettng as much ‘as they can for themselves regardless of the conseg ces. about the “T am not pessimistic ropean tangle. I feel that it will work out some way. Secretary Hughes is making a very good start. William G, McAdoo also has some sound suggestions in connection with the matter. Men who were former- y rabid on one side or the other, are dually showing an open-minded. a toward any practical solution. I yer,"" concluded M and it-is:thig4 Ure 100,000 new, boys for this moye he problem {s larg od of the United nnd up In the Thia applies to Germa to! gland as well as to France, and to] qact. The action of foreign change and other international ba- rometers strongly suggest that while | Pacific Gas and 5} things are looking very dark in Bu-|Penn, R. R. gen.. 6 okt iba ; ading gen., 45 rope, it is always darkest just before | Reading gen. 4s dawn. pa + at aS WOOL MARKET CONTINUES TO GAIN MOMENTUM AND SHOW STRENGTH, REPORT BOSTON, Feb. 3 bulletin says: “The wool market has shown in creased momentum during the past week and the market is continuing to strengthen. There has been an es: pecial tendency on the part of low grade wools, both scoured and greas: to appreciate and the market ten- dency beyond any question is up- ward all along the line, reflecting a healthy tone in the marke for goods and a general belief that the post tions of the raw materials must force prices higher. “Some contracting In Utah, Nevada The commercial ex: | Or Oregon Short Lino’ ref., gon Short Line gtd. ctri Standard Oil of Cal. Union Pacific first U. 8. Rubber, 73 U. §. Rubber, 5s Utah Power and Light 58 - Western Union 6 Westinghouse Elec 7 STOCKS HIGHER INA. Y. MIARKET Firm Tone Prevails in Trading During Short Session This Morning. NEW YORK, Feb. A firm ton was noted in the opening market to- day due largely to 2 continuation of the large buying movement from yes terday. A wide list including the food specialties, equipments, low priced oils and the independent steels was included in the demand. and Wyoming is reported at prices} General Electric advanced varying from 38 to 43%c although | points, Royal Dutch 1% and Unite the entire business done thus far does|Retail Stores and Ame not appear to have exceeded 260,000 cach. Baldwin sold at 1 pounds, a neglible quantity. “The foreign markets have gener- ally held firm. possibly a bit higher in the primary )} market, although values in London |c on the continental types of wool have ’s been undecidedly irregularly and ¢ there-has evidently been more or le uncertainty in these wools on count of the continental political sit uation. “Mohair has been rather slow hardly changed in price, although ‘ mohair noils have been. very activ The Commercial Will publish quotations as for tomorrow: Wisconsin: Half blood 48@50; blood 53@54; %4 blood 50@51. Scoured basis: Texas fine months 138@142; fine 8 months 125@ 5 points abov With prices edging | pro; end Un Thu Trading broadened as the morning sed, gains of a point or more eng 3 red by more than a 1 nf active {ss Marland O1 and Strom aretor each were push av the former to a new Ga'ns of 1% ed in the first Chicago emical, Stee! €o Mo . Amer‘ean ores. div um and Coca air, Maxwell Playe tal forn Pan-Ameé ‘ohol, Cu figures. demand ste: 8 were around firm, pg selling 128. 4.67, French frances : ‘sing 22 points to California: Northern 135@140;|-40 cents and German marks being jquoted at .00285 cents compared middle county 120@12 @105, . Oregon: ‘Eastern number 1° staple 140@14 Eastern clothing 120@ Fine and fine medium combing ; southern 100 Fine staple choice 142 blood combing 90@93.| Delaine 140@143; A A ; A supreme 115@1 Mohairs: Best combing best carding 70@7 ———————— 78@83. THIRTEENTH ANNIVERSARY: The Boy Scouts of America will be celebrating their thirteenth anniver- sary the week of February 8 to 15. This movement has created for the American boy remarkable aids in character-building and citizenship} training. This program of organized work and play directs the “gang’’ in stinct of boys into channels of whole some, useful activity; the boys’ en ergy to.constructive ends. There is @ great nation-wide campaign to se ment before February 16. Each first class couneil in the United Staten ts requested’ to furnish a quota agsignea to them. Casper council was assigned forty boys. Executive Bartle report- ed this morning that the local coun cil had gone “over the top” and stated further that there was a big surprise in store for Casper when the exact figures would be released. Th Back Log soclety, composed of Sco loaders in Casper, have determined t« recruit her troops to the maximum number. Fifteen troops are now in good standing with the local head-| qutrters, and three new troops are tn the process of organization, Tho leaders of this movement, tn our city, have fixed the goal of 400 boys by January 1 The past two weeks a strenuous campaign for leaders has been in progress. ‘The result of this cam paign has been very successful, and enough leaders for the troops now oF-| d have been secure: “SIGN MAN’ SELLS OUT TO STEWART IND GO- J. M. Stewart and James Wilson, owners of Stewart’ and company, have just bought out Wood, “the sign man,” whose offices are located, on South Center atreet, The new managers of this company intend to continue {t along the same nd to mpociallze In advertising oral painting and decorut of t ro new jobs will tn. painting of the signa on the | | | | | | | elude th Casp, ny nd Witwon have been in business In Casper for two years, | closing was With the recent low of .0020 cents. NEW YORK, 3—With a variety of) constructive news, both in foreign and domestic fields a gen ral response was made today by the markets, An announcement of further advance In crude oil quom the Importance ached to Gary’s prediction’ of higher steel prices, together with the belief | that Britain will accept the terms of the United States for funding the war firmness of prices, Further testi- business was furnished by the weekly trade review. Dealings were on an unusually large scale for a session with the inquiry for stocks virtually diversified, Many shares scored advances of one nearly five points with Fisher Body, American Tank, General Ice and Stromberg Carburetor strong. The strong. Sale approxi ,000 shares, short mated SWAN UNDERREAMERS & AT YOUR The Demand Exceeded the supply of last year’s INDUSTRIAL NUMBER of the Tribune. Order your extra copies Now For this year’s edition and do your part in Boosting Casper Phone 15 \Nobility Appears In Court Because Of Crown's Slump B. F. WILLIAM BUSCH NNA (By Mail to United Press.) | tremendous post-war drop of | 1 crown is the moving | ta court pro 8 insti. [te y the Duchess Maria Antonio of Parma, moth impress Zita of Austria, against her step-son, Prince Elia Bourbon-Parma, for the yment of (19,608,000 crow | which, are no whotding the attention | of the courts here. According to the testimony offered by the pla’ntiff she was left, upon the death ofeher husband, the Duke | Robert of Parma, the:r land hol at Schwarzau Castle monthly rental of Prior to the war a wn had e value s the step-son offered to ay Austrian currency, to which the assented. ‘This method was | out throughout th and as we'l as 000 Swiss francs when “the Aus pproximately the | san the rental Duchess fol’ owe Phone 1381 ntinued when the drop in v: be- STAR he Lowest Priced Car in the World Having Standard Units We have ordered another carload of Star Cars, having sold two carloads now in transit. First come, first served. Place your order now to insure prompt delivery in the near future. 442 E.Y Yellowstone Motor Sales ellowstone ttn Bo oF Pana re to capacity tomorrow. 0. D. Army Shirts. Govern- ment standard Flannel Shirts with buttoned breast pockets. Challenge Sale 4 $1.85 price 22 __. Men’s Neckwear, Four-in- Hand ‘style. Large assort- ment of ‘patterns. Challenge price _.-- 15¢ Felt Hats. One lot of Men's ‘elt Hats. Chal- Jonge price 1. SLeQO Men’s Cotton Sox. 7e Sale price — Men’s Khaki Pants, Sale price, pair 95¢ Jersey Knit price, pair -..- Dress Caps. Large assort- ment of patterns. Challenge Sale price .. ate All-Leather Gloyes— atletigs mesa. fe 238c wey All-Wool Socks. Chal- onge price 19¢ Men's Sweaters, rolled collar, price, Gray color, only 224 SOUTH CENTER STREET THE BARGAIN EVENT THAT If you value the purchasing power of aed Powe 23 at, Saisie 8 ya see Mead ees Wey ebaceh ea TR : firs E savings of 25 to 50 per cent. MEN! HERE ARE WONDERFUL VALUES IN SHOES Men’s All Leather Scout Shoes, Sale price $1.67 Dress Shoes for Men. 100 per cent leather, in Blucher and English lasts. Mahogany a black Men's All Leather Army Last Work Shoes. $4.00 colors. Goodyear welt. Sale $1 95 value. Challenge CC, Saeco e we meatal e price bie eee sn ncn wwe nnn n ene e $2.45 Men's high-grade Dress Shoes. Full stock. Calf Men's 100% Leather Work Bhoes, Balt on the Skin. Goodyear Welt. A $6.00 $3 95 ‘amous Munson last. Triple stitched. value for —- eases ° Sale price -----___- se eplete $2.95 World Renowned REGAL Dress Shoes in the Little Gents’ Gun Metal Veal Leather $1 95 latest styles. Come in Brown and Blucher Shoes, Sale price ° Black. Challenge price $8.95 Men's 4-Buckle All Rubber Over- shoes. Sale price Just received 500 p. $2.50 ss of W. L. Douglas D-ess Shoes, from.... Men's cloth top one-buckle Arctic Overshoes, Sale price $1.75 $5.50 to $10.00 SUITS AND OVERCOATS At prices so low that our patrons cannot fail to realize the tremendous economic im- portance of this greatest of all clearance sales. $12.50 Overcoats, Challenge price $4.95 $17.50 Overcoats, Challenge pric: $40.00 Men’s All-Wool Suits. Come in up-to-date styles. $22.50 Overcoats Challenge price $12.50 Neat patterns. Sale price $30.00 Men's Suits, t patterns $14.95 $24.95 THEHUB CLOTHIERS: FINAL WIND-UP OF THE HUB’S THIRD ANNUAL Challenge Sale! We Challenge pa ‘ TENTION OF THE ENTIRE fs I your dollar, you will join the rush of happy, enthusiastic, This is a wonderful opportunity to MAKE MONKY—BY SAVING months to come, at these Challenge Sale prices, which mean BONA F the Entire West to Meet These Prices WEST 8 thrifty Casper shoppers that will fill this store IT on the purchase of the many things you need for Clearance of All Winter UNDERWEAR Men's heavy Suits on sale tomorrow Men's Union Suits at Heavy fleeced Union _ _ 89e Wool | Mixed $1.75 100 per cent Wool Union Suits with stamped neck band drawers go on sale at Men's and price Men’s high-gr Union Suits. price heavy Drawers. Men's Leathe lined, 80 inc two pockets price Men's Eli heavy rit guarantee in : 69ce ae fine ribbed “ $4.45 r Vests Wool ches long with Sale $8.95 5 10¢ jf ve Casper Rep h Douglas Shoes kosh B'Gosh Overalls = ae po 5 NEW YORK, Feb. 2——The out-) issues on the curb, reacted in sym- ™~ “ . . } Dominion 6f Canada, 6% per cent notes, 1920 101% 102 |@uced: to dire want. She has been|standing feature of the week in the! pathy? but all made good recovery reat estate, owners of ght for im to Preach. But Anoth Thing to| Zrensh Remutitle. 83. - 83 forced to sell all of her Jewels. in|financial market was the sharp te-| later. erste: |. keoureventndyee 7 er ING CO} French Republic, 748 — 89% her step-son’s action she has been re-|preciation and thé quick recovery of| ‘The United S 2a wanted. Call or write { Collect Mone F M ” Kingdom of Belgium, 7%4s 9644 Switzerland, where she is living at/foreign bonds and excha rates in| ¢ United States Steel corpora-| evelopment Co., 218 M \. 'y France |Viust et; roblem Is Kingdom of Belgium, 68 9414 the present time with her children. lwhich the changing sentiment. of| p22, whron enn herd quar Gasper, W cin, chads rH i a ss nent ©} which showed that only ot| ——___— Very Complex: Receive hip S q Fingdom, of Nprways. Sa is A commission has heen named and speculators was apparent. GLNE) quarterly dividend’ on inal Rees cake ery plex; rship Suggested, UK. of G. B, & L,'5%s, 1937 Yo2% Sil tend haldiaee eet entory of] Stock prices generally moved within | common stock ed, wa At ie apmesed. to. the American Sugar, 6a 102 Ro on triluted Br thecDike oie oad narrow trading area with the gen-| munity which law stiich: provides Cor are e American Telephone and Telegraph cv., 114% Pe eee. ag Parma, | eral public showing ltt! lina nlusabove dividen: Lt he 1 —Roger W. Babson's statement last|those who have most, the most ia/Atmour & Co., < 88% of the estate. road sha enjoyed temporary | sult. Chairman Gary explained tater | idie mien (ero BOW PEE B. te week on “What's the Matter With | expected. Statistics. show that the, B#ltimore . - ee ee period of strength following publi tthe poor allowing renulted trom | en ee France” ‘has aroused widespread com=|World War came upon us because | Hethlehem Steel ret../ = Cotton. |tlon of the December earning stat fact that ine planta of the cowl te SMagiand ab uta an (HS Sich ment a man’s intellectual powers had in-| Canadian Pacific deb. x NEW YORK, Feb. 3.—Spot cotton} ments, which in the main, were un-| pany had been at work on low priced! to aa : wan: thought unt Jt 48 alright for Babson to preach,” |ereased so much faster during the last | Chicage Burlington & Quin x i steady; middling 28107. usually favorable. | business..piaced early in the spring | ten toe mir ee nought unfit: pec ih ees arhs cic a seep but it | fifty years than his spiritual powers.) Chicago, Milwaukee & St. Paul cv., digs — E: ———.———_. One of the widest’ fluctuations dur-| and summer and that the recent iy : . . is a om r3 collect the money |Our system of control was out of|Goodyear Tire 8s, 1931 a TO WHOM JT MAY CONCERN. |i>& the week occurred in Fisher} per cent wage increase added $4. y ~ that France must get, and get at/equilibrium. The same condition | Goodyear Tire §8, 1941 x I will Ponsible for any| Body, which dropped to 150 as against | 000 monthly to the payroll. Higher| —yemotpy wick - once, Every week we are going fur-| still exists, and before the financial | ( i Trunk Rafiway oi vt 2 ‘a by' my wife from this|this year’s high of 213%, recovering, prices for steel products, he | | lewely and watch: rene ting bo ex ther into debt. Our financlal condi- Grand Trunk Railway of Canada, 6s zi | pert workman; all work guaranteed. - |