Casper Daily Tribune Newspaper, February 7, 1923, Page 5

\ “~ Shap, me WEDNESDAY, FEBRUARY 7, 1923. UNDERWRITERS ARRIVING HERE ANINSPECTION Annual Insurance Rating Adjustment Scheduled forithis City. [, Casper will be re-rated along fire ‘insurance lines by a-corps of six men from the Mountain States Inspection bureau of Denver, according to In- formation recéived this morning by Ithe’R. T. Kemp insurance company. ;The first of the corps will arrive this afternoon and begin work tomorrow. } In connection with this re-rating sMayor W. A. Blackmore has ordered the fire department to make an in- ispection, starting tomorrow, of all =buildings in the business district and ‘those used ‘for commercial purposes. sin any partvof the city. Firemen will visit each building and will report on the condition. If heaps of rubbish or waste paper are permitted to accumulate, the tenant of the building will be ordered ‘by the city to clean it up immediately ‘as it furnishes a fire hazard. © Heat- ing appliances will also be looked over and an inspection taken’to see ‘that gasoline and all other inflam- imable property 1s properly stored. The*inspectors coming here will be ‘under the/supervision of L.A. Bar- ielay, chief engineer of the Mountain “States division. Inasmuch as the city ‘has been provided with the David ‘etreet fire hall and additional fire ‘fighting equipment, including a Game- ‘well alarm system, it is expected that ; Casper will be put in a higher classi- ‘fication and that better fire insurance ‘rates will prevail. SHIPSUNK IN (Continued from Page One.) in motion within 20 minutes after i news, of the collision was picked up by the Federal Telegraph company’ : beach station. Shipping men notified of the acct- dent were of the opinion that the Wil- ‘helmina would be able to save the Screw of the Slerra—believed to num- ‘ber about 30—if the motor ship sank ‘before aid came. The Wilhelmina, in- :bound from Honolulu, was thought *to carry 200 or more passengers, ‘though an accurate check of the list could not ba made early this morning. ‘Pho passenger. liner, explaining “I 1 Jeaking byt, will stand by,” reas- “sured the endangered crew of the “Sierra, Tho Sierra wireléssed that “she could not proceed, since her en. gine room was flooded, and added that “she had! listkd to 45 degrees and was “Vheeling fast.” ©) The Sietra was bound from Belling- sham, Wagh., to San Pedro, Cal., with “a cargo of lumber. = Details received in San Francisco ‘ft 7 o'clock indicated that the Wil- helmina was not in danger. Her only “damage was said to be a dented bow. She was described as able to make sport but ald was looked for momen- Startly. © The collision occurred eight miles “west by southwest of San Francisco Aightship. A fog prevailed, but by <calm. = Captan oule, master of the Withel- ‘nina, was on the bridge at the time sof the collision. When he saw that Sthe impact was inevitable he ordered 4ull speed astern, and this action prob- ibly saved the motorship from being Teut in two. The crash was said to “have been slight, but enough to tear Sa dig hole in the wooden vessel. “The Wilhelmina’s passengers, “though roused from sleep by the mis- t the adventure calmly. eh ae a ere 983 South David “oe Thomas Baty, ‘street, who was recently operated on for rupture of the stomach and gen- eral peritonitis, returned to his home Tuesday after being in the county hospital 12 days. Dr. Kimball, tae attending surgeon, says that Mr. Baty, while somewhat weak from the effents of the peritonitis, will com- Pietely recover. COMB SAGE TEA INTO GRAY HAIR Darkens Beautifully and Re-! stores Its Natural Color and Luster at Once, Common garden sage brewed into @ heavy tea, with sulphur and alcohol added, will turn gray, streaked and faded hair beautifully dark and lux- uriant. -Mixing the Sage Tea and Sul- phur recipe at home, though, 1s troublesome. An easier way is to get the ready-to-use preparation improved y the addition of other ingredients large bottle, at little cost, at drug stores, known as ‘Wyeth’s Sage and Sulphur Compound,” thus avoiding a lot of muss. While gray, faded hair fs not sinful, we all desire to retain our youthful appearance and attractiveness, By darkening your hair with Wyeth’s Sage and Sulphur Compound, no one can tell, because it does it so natural- ly, so evenly. You just dampen a sponge or soft brush with it and draw this through your hair, taking ona} * nd at a time; b morning I sappeared irs nge Ady GHASH ATSEA “daylight it had lifted and the sea was; {to your sanction. } that “it is a busines: | B | (Continued from Page One.) in joint session in order that I may submit to you the report of the world war foreign debt commission, cove: ing its accepted proposal for the fund- ing of thé debt. due to the United States from the. government of Great Britain. This report concluded on February 3, 1923, reads as follows: The President. ‘The world war foreign debt commis. sion created under the act of congress approved February 9, 1922, having re. celved the mission appointed by the British government to consider the funding of the demand obligations of that government held by the United States report as follow! - The British government designated as/its representatives the Right Hon. Stanley Baldwin, chancellor of the exchequer, and Mr. Montagu Nor- man, the governor of the Bank of England, who have conferred with the commission in Washington and presented facts relating to the posi- tion of the British government. The commission has aiso met frequently n separate sessions and has given the fullest, consideration to the prob- lems involved in funding of the Brit- ish debt to the United States. It become manifest at the outset that it would not be possible to effect an agreement for funding within the Umits of the act approved February 9, 1922, and the commission has, herefore, considered the practicability of a settlement on some other basis, and though it has not been able, in the absence of authority under the law, to conclude negotiations, it unan. imously recommends for submission to congress a settlement with the British government as follows: Principal of notes to be refunded $4,074,818,358.44. Interest accrued alla unpaid up: to December 15, 1922, at the rate of 4% Der cent $629,836,106.99. ‘Deduct payments. made October 16, 1922, and November 15, 1922, with in, terest at 4% per cent thereon to De- cember 15, 1922, $100,526,376.69. Total $4,604,128,085,74. To be paid in cash $4,128,085.74. Total principal of indebtedness as of December 15, 1922, for which Brit- ish government bonds are to be issued to the United States government at par $4,600,000,000. PART TWO The principal of the bonds shall be paid in annual installments on a fixed schedule, subject to the right of the British government to make these payments in three year periods. The amount of the first year's installment will be §23,000,000 and these annual installments will increase with due | regularity during the life of the bonds j until, in the sixty, second year, the amount of the installment will be $175.000,000, the aggregate install- ments being equal to the total prin- | cipal of the debt. ‘The British government shall have the right to my off additional amounts bf the’ principal of the bonds on any-interest date upon ninety days nrevions, notice. Interest {s to be payable upon the unpaid balances at the following rates, on December 15 and June 15 of each year: 3 per cent semiannually, June 15, 1923 to December 15, 1923, inclu- sive; 3% per cent semiannually. June 15, 1923, until final payment. For the first five years one half the interest may be deferred and added to the principal, bonds to be tssued therefor similar to those of the orig- inal Issue. Any payment of interest or of prin- cipal may be made in any United States government bonds issued since April 6, 1917, such bonds to be taken at par and accrued interest. The commission believes that a settlement of the British debt to the United States on this basis is fair and just to both governments and that its prompt ‘adoption: will make a most mportant contribution to interna- |tionar stability. ‘The extension of payment both of the principal and in terest over a long period will make for stability in exchange and promo tion of commerce between the two countries. The payment of principa' has been established on a basis of positive installments of increasing volume, firmly establishing the prin ciple of repayment of the entire cap- ital sum. Tho payment of interest has been established at the approx imately normal rates payable by strong governments over long terms of years. It has not been the thought of the commission that it would be just to demand over a long period the high rate of interest naturaly maintained during the war and reconstruction, and that such an attempt ‘vould de- feat our efforts at settlement. Be- yond this the commission has, felt that the present difficulties of un- employment and high taxes in the United Kingdom should be met with suitable consideration during the early years, and, therefore the com- mission considers it equitable and de- sirable that payments during the next few years should be made on such basis and with such flexibility as will encourage economic recupera- tion not only in the countries imme- diately concerned, but throughout the world. ‘This settlement between the British government. and the United States has tho utmost signiflance. It is a business settlement fully preserving the integrity of the obligations, and it represents the first great step in the readjustment of the inter-govern- mental obligations growing out of the war. Respectfully submitted, A. W. Mellon, chairman, Charles EB. Hughes. Herbert Hoover. Reed Smoot. ‘Theodore E. Burton. In {ts comments upon the arrange- ments negotiated the commission it- self has said essentially everything necessary to commend the agreement Note that the com- mission urges that the settlement 1s on a basis which “is fair and just to both governments” and “will make fA most important contribution to in- ternational stability.” More impor. tant still Is the closing observation settlement ft of the obliga great inter. is preserving the integrt tions, and it represents the readjustment of the step in’ the RITISH DEBT FUNDING PLAN IS DETAILED BY PRESIDENT IN.MESSAGE DELIVERED TO CONGRESS governmental obligations growing outvery grant of authority to make the of the war.” ‘In these observations I most heartily approve. The call of the world today is for integrity of agreements, the sanctity of covenants, the Valfdity of contracts. Here is the first clearing of the war clouded skies in a debt-burdened world, and the sincere commitment of one great nation to validate its financial pledges and discharge its obligations in the highest sense of financial honor. PART FOUR. ‘There !s no purpose to report that your commission has driven a hard bargain with Great Britain, or to do a less seemingly thing in proclaiming a rare generosity in settlement. Amid widespread clamor for the camcel- lation of world war debts, as a fancied but fallactous contribution toward peace—a clamof not limited to thé lands of debtor nations but insistent among many of our own people—the British commission came to make acknowledgement of the debt, to put fresh stamp of approval upon its validity and agree upon terma for its repayment. It was manifest from the beginning that Great Britain could not under- take any program of payment which would conform to the limitations of time and interest rates which the commission had been authorized to grant. But here was a great nation acknowledging its obligations and seeking terms in which it might re- pay. So your commission proceeded to negotiate in a business way for a fair and just settlement. Such a settlement had to take into considera: tion the approximately normal inter- est rates payable, as the commission suggests, “by strong governments over a long term of years,” with 9 temporary interést rate and ‘suitable options adjusted to the tremendous problems. of readjusment and recuper- ation. Your ccmmission went so far as it believed the American senso of fair play would justify. Even then the British debt commission did not feel justified by its instructions to accept the proposal. Only after sub- mission to the British cabinet was the proposal of your commission ac- cepted, and. I bring it to you, with the earnest recommendation that. it be given so far as legislative procedure ‘will admit, a cordial and prompt approval. PART FIVE A transaction of such vast import- ance naturally has attracted wide- spread attention and much’ of com- mendation. It is a very gratifying thing to note the press and. public have uttered substantially, unanimous approval. It means vastly more than the mere funding and the ultimate discharge of the largest international loan ever contracted. It is a re-com- mitment of the English speaking world to the validity of contract; it is in effect a plight against war and war expenditures, and a rigid ad- herence to that production and ro- trenchment which enhaces stability precisely as it discharges obligations. It cannot-bé unseemly to say it, and it is too important tobe omitted, the failure of; the, British _ undertaking would have spread political and econ- omic discouragement throughout the world and. general repudiation would have likely followed in its wake. But here is :kept faith—willingly keyt let it be recorded—and a covenant” of peace no less effective than It would be if Joint British and American oppo- sition to war were expressly agreed upon. It is a covenant of peace and recuperation, of respect and coopera: tion. It is a new element of financial and economic stabilization, when the world is sadly needing a reminder of the ways of peace. It 1s an example of encouragement and inspiration, when the world is staggering in dis couragement and bowed with the sor. rows of war that were and fears of wars which humanity ts praying may be avoided. * PART SIX Ordinarily I should be reluctant to add this question to a congressional program which is already crowded, in view of the short period remaining of your session. But it is of such out- standing importance to use:and to the world that I should be remiss if I did not invite your sanction even amid crowded calendars and pending prob- lems of great import. And I hope you will be glad to approve, If the debtor nation could decide to assume the great obligation in two cabinet sessions, in the face of enormous fin- ancial and economic difficulties, sure. ly the deciding authority of the credit- or nation will be ready to approve in a.spirit appropriate to the great tran- saction and with a promptness which will convey befitting. appreciation. . I am not unmindful of the dispos!- tion to pledge the application of antic- ipated payments in giving sanction to the settlement. It is not necessary to remind the congress that the use of monies secured in the repayment of war loans has been pledged by the Be sure to get ' real Resinol If you want to get rid of ecema, pimples, or other distressing skin ‘eraption, you will accept no “snub stitote” for Resinol. Preparntions similar ih namecr appearance are not ‘just the same as Resinol.” Although a few unscrupulous der ers may offer them as or for Rew inol, they are often crudely made, ‘of lithe healing power, and soms mey even be dangerous to use. Buy-fh the-original déce package. Che Caspet Daily Cridune loans. ‘The repeal of that commit ment is always within the authority | of the congress if such a repeal is deemed wise, but it will best comport with the importance of such an inter- national transaction to give a frank,! exclusife and direct decision, unin-| volved by any disposition of the! monies which the funding program ultimately will bring to the federal treasury. Nor am I unmindfal of the import- ance of pending legislation with which any prolonged consideration of the) debt settlement might come in con-! fict. PART SEVEN. Knowing there is abundant time | for ample debate I would be recreant | to my belief in the urgency of a de- cision on the merchant marine bill if I did not renew the request that it be! brought to a final disposition. I ven-| ture the allussion because it has been threatened that the merchant marine | act shall not be allowed to come to a) vote. Today you have a debt settle- | ment which is to bring the treasury | something more than a hundred and fifty millions a year, and we rightly appraise it a notable accomplishment On the other hand the executive branch of the government is charged with the operation of government: owned shipping, which is losing the federal treastiry $50,000,000 a year. It ts as important to avoid losses ns it is to secure funds on debts or from taxation sources. I have detailed the discouraging situation with our shipping to con- gress, and inte suggested what. is believed to be a remedy, not only to put an end to the losses but to up- build an American merchant. marine to meet our cherished aspirations and further our commerce abroad. In inviting your support I frankly urged that if congress would not approve, that it should submit some alternative remedy. I am willing, the public is unwilling, to continue these appalling losses to the public treasury when we know we are operating with no pros- pect of relief or of ultimate achieve ment. PART EIGHT. Congress owes to itself, to’ the executive branch of the government and to the American public some de- cisive action. More avoidance by prolonged debate is a mark of im- potence on a vitally important public question. I plead for a decision. If there is a favorable majority, the bill should be enacted. If a majority is opposed, defeat will be decisive. Then, if congress fails in providing the requested alternative measure, Yhe executive branch of the govern- ment may proceed as. best it can to end the Ipsses in liquidation and humiliation. IT speak frankly, because the situa- tion demands frankness. I am trying to emphasize a’ responsibility whien cannot be met by one branch of the government alone. There is call for congressional expression, not mere ‘avoidance. I am not secking now influence the senate’s decision, but I am appealing for some decision. COMMISSION Oh TAXES PROPOSED SCOUT TOPS COMPETE "OR PRIZE IN DSPLAY Thirteen troops of Casper Boy Scouts are decorating windows around the city today for the purpose scouting. Each window will represent a troop. Tomorrow an inspection of the various window displays will be made by W. O. Wilson, president of | the council; Earl G. Burwell and | Harry Black ,vice presidents; and H. Roe Bartle, executive. A special prize will be awarded the troop having the best display. In order that the boy scouts of Casper may get the news of the var. PAGE FIVE. on, Executive Bartle has arranged to a bulletin board placed at some convenient place down town inform- ing the boys of things they will want to know. The bulletin just put up is in the window of the Wyoming Na- tional bank. ee Since 1906 the per capita consum- tion of lumber in the United States has dropped from 500 board feet to | ¥orced persons, forbidden by the Wy-! , | legal holidays in Wyoming after Gov |senate Tuesday. (Contthued from Page One.) of This would end, the custom of di- oming law to marry within one year after the granting of a decree of divorce, avoiding the prohibition by! merely going into another state and there going through tho marriage ceremony. Armistice day and Labor day will be | ernor Ross affixes his signature to house 64, which was passed by the Efforts in earlier legislatures to get a Labor Day holl- day bill through, and in the last leg: | islature to get an Armistice Day bill | through, were unavailing. | The senate Tuesday afternoon also} passed senate 6, the Sibley child labor bill, and house 60, providing for the extermination of injurious ro-| dents. The house passed house 24, providing that shot-firers shall be em. | ployed in mines; house 96, providing | that candidates for public offices! shall file sworn statements of their qualifications; house 37, consolidat- Ing the state insurance commission. | er's office with the stato treasurr’s| office; house 80, relating to the dis: tribution of federal oil royalties, and a number of other houso measures, Senator John Dillon of Lander Tuesday afternoon brought in senate joint memorial 9, memorializing con. gress to extend the limits of Yellow- stone park to include the ‘Teton mountains and scenery adjacent thereto. This is a lve subject and the memorial is expected to result in| some interesting debate. Incidentally, superintendent Horace M. Albright of Yellowstone park may come to Cheyenne to urge the passago of the Dillion bill. The Republicans of the senate Tuesday afteriwon cngaged in a two hour caucus at which the party atti- tude to the Kabell primary amend- ment Dill was discussed. Eventually the decision of the meeting was that the bill should not be regarded as a party measure and that each Republi. can senator should follow in his own inclination regarding whether to vote for or against it. Senate File 83, brought in by Sen ator John Dillon of Fremont county would forbid the use of natural gas for the production of casing-head gas oline unless its use for the production of carbon black also were permitted. This measure gets at the carbon black problem from a new angle by hitch ing it to another alleged wasteful use of natural gas without taking ad vantage of its caloric properties. >. Try Tribune Want Ads for results A RAW, SORE THROAT Eases Quickly When You Apply a Little Musterole There is time, abundant time, for decisive action on both these tremend- ously important questions. I have brought up the shipping bill because I can foresee the possible conflict for right of way, but it ought and can be avoided. There is time for essen- tial debate of both, and each carries its own appeal. Elther Is fit to be recorded a chapter in great achieve- ment, both will mark a_ signal triumph. Both are inseparably re- lated to our good fortune at home and our high place in the world. ITALY OKEHS CONVENTIONS ROME, Feb. 7.(By The Associated Press.)—The Italian chamber of deputies had on its program today the formal ratification of the Wash: ington conventions to which it gave approval yesterday. Premier Mussolini, in expressing Italy's pleasure in becoming a party to the treaties, declared that the Fascist! government's request for rati- fication was an indication of the “line it intends to take in foreign politics.” “I declare that Italy is very glad to join in these conventions,” he said, “being thus able to disprove the ac- cusations that she 1s a fire eating nation.’ CHICHESTER S PILLS iz DIAMOND I ND P for 5 years known as Dest, Safest, Always Rellable SOLD BY DRUGGISTS EVERYWHERE Tell Them And You Will Sell Them! _ Be sure you tell them in the big Industrial num- ber of the Tribune. Make your advertising reserva- tions now. And Musterole won't blister like the old-fashioned mustard plaster. Just | spread it on with your fingers. It penetrates to the sore spot with a gentle tingle, loosens the congestion and draws out the soreness and pain. Musterole is a clean, white ointment made with oil of mustard. It is fine for quick relief from sore throat, bronchitis, neuralgia, headache, congestion, pleu- risy, rheumatism, lumbago, pains and aches of the back or joints, sprains, sore muscles, bruises, chilblains, feet, colds on the chest. Keep it handy for instant use. 35c and 65c, jars and tubes; hospital size, $3.00. Better than a mustard plaster For Ten Days Only All Makes of Dodge Cars Simon- ized for $6, Including Wash Casper Simonizing Shop 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 Resinol:ts.never sold’in bulk WATCH FOR ‘f ‘THE MYSTERY WOMAN’ Pie as } = |= oe ee ee ee = a eo demonstrating some phase of Luscious— Made With Raisins —and already baked for you AVE the trouble and the time of bak- ing pies at home, yet give your men folks pies that are exactly to their taste. Master bakers and neighborhood bake shops in your city are making luscious raisin pie fresh every day. Your grocer or these bake shops can supply them. ‘Taste them and you'll know why there's no longer need to bake at home. Crust that’s light and flaky—tender, thin- skinned, juicy fruit, the juice forming a de- licious sauce! There’s nothing left to be desired in a pie. Pie Raisin Your retailer should sell you Sun- Maid Raisins for not more than the following prices: For Wednesday and Thursday Only LADIES’ DRESSES In finest Canton Crepe, Taffeta, Poiret Twill and Velvet. Hand- somely trimmed. Regular $20 values— SPECIAL lar $10 values. THE NATIONAL SAMPLE COAT-AND SUIT STORE HENNING HOTEL BLOCK Sun-Ma The Supreme 186 150 ) LADIES’ TRIMMED HATS A big assortment of Spring models in trimmed hats. Wednesday and Thursday only .... 316 board feet. Made with finest seeded Sun-Maid Raisins. 1560 calories of energizing nutriment per pound in practically predigested form. Rich in food-iron, also—good for the blood. Make cakes, puddings and other good foods with them. You may be offered other brands that you know less well than Sun-Maids, but the kind you want is the kind you know is good. Insist, therefore, on Sun-Maid brand. They cost no more than ordinary raisins. Mail coupon now for free book of tested Sun- recipes. id Raisins [corms ouranpsmsp Ir | Sun-Maid Raisin Growers, sno, California. i Please send me copy of your free book, “Recipes with Raisins.” | wane. | sraer. | Crr.. JUST RECEIVED NO TWO ALIKE Regu- $5.95 112 SOUTH CENTER ST. ey, pir in- to- pw