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WEATHER. Unsettled tonight and tomorrow; probably showers; somewhat warmer tomorrow. Temperature for twenty-four hours ended at 2 p.m. today: Highest, 83, at € p.m. yesterday; lowest, 66, al 10:30 a.m. today. ‘ Full report on page 7. Closing New York Stocks, Page 21. No Entered as second-stass matter . post office Washington, D. C. ANDWORLDGREVES ~ FORLOSS 0FTENG Twenty thousand Washingtonians Noted Singer Suddenly . failed to make personal tax returns to the District.assessor before Au- : Passes Away at Home in Naples. 28,219, gust 1.and will have a 12 per cent penalty added to their bill when they are rendered next May, Asses- sor Willlam P. Richards announced today.. i The actual number who filed their return before the time limit expired was 30,500. This figure represents approximately two-thirds of the total personal tax levy. = The assessor's office urges the de- linquents to file’ their return before the end of the calendar year, since the board of personal tax appeal meets in February. SIMOGEMCLA ON OYSTER ESTATE Galt & Bro. Files Bill for Jew- elry Cost—Includes $600 Weddinq Ring. | Galt & Brother, Washington jew- lelers, today filed a claim of $10,060.25 against the estate of George M. Oys- ter, jr., seventy-one-year-old dairy- man, who died only a few months after his marriage last January to Mise Cecil Ready, twenty-six years old, of Syracuse, N. Y. Included in the items of the jeweler's bill are purchases made in January and i March last. A diamond wedding ring costing $690 is among the articles bought. Other purchases include a diamond ring _at $2,700, a. diamond bracelet at $2,009, a sapphire and diamoné bar pin at $1,800, a gold vanity case, $230, and a gold drinking cup at § All ‘these purchases were made i January, and on March 11 a diamond bracelet was bought for $3,100. . An inventory of- the Oyster estate is in course of preparatior by the appraisers of the court. Counsel for the young widow has not yet decided whether he will advise her to ac- cept the $25,000 bequest made to her by a ccdicil of the will executed shortly before the déath of Mr. Oys- ter, in lieu of her dower. The law allows Her six months from the pro- bate of the will to make this de- cision. BRITISH DROP PLAN FOREARLY PARLEY Decision Reached to Agree to Original Proposal of . President Harding. . “WILL SING IN HEAVEN,” HIS HOPE AND PROMISE Greatest of Operatic Stars and Idol of Multitudes Had Tri- | umphant Career. ENR iCO CARUSO. Ry the Associated Press. : NAPLES, August 2.—Enrico Caruso, world famous tenor, died here today. The condition of the singer, which had been considered: satisfactory un- 1il recently, became grave yesterday, peritonitis developing, and another operation being considered necessdry. From the beginning of his relapse, however, there was serious concern over the outcome, and last might his life was despaired of. During the night the conditfon of the patient grew steadily worse, and the career of the great artist came to an end *with his death at an early hour this morning. In June, 1920, his country home was robbed of thousands of dollars in jewels, and in the same week a bomb *vai; set in the National Theater at Havana just before his entrance in th: second half of “Aida.” 2/EW YORK MAPRNS-DEATH. By the Associated Press. Seanalah LONDON, August 2—Great Britain s Hiy Geatget Trimmphni G oonealthe propoest to Bold s Shocked by News. preliminary conference on Pacific NEW YORK, ‘August 2—The death of Enrico Caruso beneath the kies of his own‘Italy today caused sorrow on every highway and by- way of New Tork. o Here he was loved by all—the poor of East Side tenements, the wealthy of 5th Avenue's stately mansions, the' countless numbers who filled the seats of the Metropolitan Opera House between the gparkling pit and the somber galleries whenever the tncomparable tenor sang a. role. Street sweepers stopped their work to mumble a prayer for the departed tenor; the cultured lamented the loss to art of one of its most cherished possessions. They felt the loss was questions and has agreed to partici- pate in the Washington conference as originally suggested by President Harding, according to official circles here today. ‘This decision was 1eached after an exchange of conversations between London and Washington. Great Britain has also agreed to the original date suggested, November 11, the anniversary of Armistice day, if President Harding still considers that the most suitable time, and will enter the conference without any reserva. tions as to the set program, it was stated. Doubt is expressed whether Pre- mier Hughes of Australia and Pre- mot only America’s, but the world's. 'mier Massey of New Zealand will be For Caruso’s superb tones have en-|able to attend, but they will, it I raptured audiences the world n.round, said, be represented by a British Voice Missed During Illness. deputation. The homage paid him was never | The attendance of Mr. Lloyd George, better realized than when his voice | the prime minister, also depends upon was'silenced during his long illness | circumstances, it was stated. last winter. When he lay stricken, gallantly CONFER ON DATE. . . fighting against a death that seemed only hours away, ever expressing the- hope that he might be spared until he could return to the soil that gave him birth, the meek and the mighty of egery land prayed that the great tenor would be spared to them and to_art a little while longer. Princes sent messages of sympathy and hope to his bedside from every country that knew a cable station or a wireless plant. In New York, push-cart peddlers, as well as busi- ness barons and leaders of society, eagerly bought newspapers hour by hour to learn how Caruso's courageous fight was progressing. To the hotel suite where he was suffering from one operation after another there went exquisite bouquets from ¥ shops and also simple garlands that expressed the love and @dmiration of the poor. 2 Cheerfulaess Admired. On the stage Caruso always was cheerful. His gayety in responding to <curtain calls,- his gracious bows and unexpected tricks, his inexhaustible energy, aroused an admiration that knew no boundaries, creeds or birth. His joy was in singing. “I promise you that when I go to heaven I shall sing forever,” he told an audience at the Friars’ Club five years ago. Sometimes, the possession cf a voice that thousands considered the most perfect ever given to a man, palled upon the great tenor, and he would express regretsthat he could not be Just an ordinary somebody. * “The burdens of my gift-are greater than the rewards,” he would say. Personal friends knew Caruso to be as cheerful in private life as on the stage. Trouble seemed ever to follow him, yet he kept cheerful and undis- mayed. Last December a disheartening se- ries of mishaps preceded the illfiess which led to his’ death. On the 8th ‘he sprained his side when making an energetic exit after the aria “Vesti Ja Giubba,” in “Pzgliacci.” Three days later he burst a blood ~essel in his throat during a per- Yormance of “L’Elisir d’Amore,” in Brooklyn, but he bravely carried on. Two days before Christmas he lay in bed, his chest under treatment for “4ntercostal neuralgia,” but the Christmas eve audience for “La Jul. | Li 8UtROL of a number of works on ~va" was not denied the joy of hearing natural history, among the most im- ta f which were “Zoological him, for he left his sickroom and |BOpart o e L2 sang the role of Eleazar.” Fhilosopiiy; Defore:Darwins andi:Eub: marine Exploitation: Heavens Moura Loss. - e tame eord " thee” sy | SHORT SKIRTS TQ STAY. next day came word that pleurisy had attacked him. CHICAGO, August 2.—A revolution in women's lt'les,‘kl‘nvolvhl‘ every- Foreign Envoys Begard Agenda as More Important. Determination of the date for the disarmament conference is under- stood to rest largely in the foreign offices at London, Paris and Tokio. The diplomatic representatives of the invited powers have conferred at length with Secretary of State Hughes concerning the advisability of begin- ning the conference November 11, or upon some other date, and have in turn referred the question to their respective governments. Until further instructions are received by the am bassadors it is expected that no defi- nite action will be taken. Representatives of foreign govern- ments. have made it plain, however, that they regard determination of the agenda as far more important than the fixing of the date of meeting. They are understood to have reported in detail to their governments the de- sire ol Secretary Hughes to leave to the main body as much of that work as possible, but there-is increasing evidence' that Japan .is not alone in her insistence that the scope of the conference be more clearly outlined before the formal sessions are begun. Although conalderation of that phase of the plans for the conference is not expected t6 give rise to further delay in issuing the formal invitations, it is believed that the ambassadors expect to receive from their home offices in- structions as to the parts they shall assume in adding to or taking from the list of subjects that may be dis- cussed. —— EDMUND PERRIER DEAD. Eminent French Naturalist Passes Away in Paris. PARIS, August 2—Fdmund Perrier. director of the Museum of Naturai History in Paris, died here today. He was born in 1844. Prof. Perrier was one of France most eminent naturalists, having been a prominent leader of a number of societies of natural history. He was Week after week he battled for life, undergeing several operations en he was sufficiently strong he was & went to Atlantic City for a few S s ey icat v_eekat. nmli then. when the Warm|pers of the National Wearing Apparel fun of early summer came to Italy, | Association, in convention here today. he _”e 't New York, emaciated but!giraight lines, flowing -sleeves, coats #miling, confident that he would re-|aimost to the knees will be worn this turn in the fall to the thousands of | winter, they said music lovers who await: m. o r To_the uupammo‘-'u it seemed as fif,‘",:%;w:’nfo'fi':cfx b‘l‘;'fg,"?y‘;'{f lprntue trimmings of monkey fur, 4 (Continued on Nineteenth Page.) - The T CITY HEADS PARING | - STREET PROJECTS Citizens’ Delegation Tolq ‘Some Disappointments-Are. Sure to Come. IMPORTANT NEEDS_ FIRST Location of Trash Disposal Plant Also Discussed—Occoquan Site'Is Favored. Many citizens’ associations are des- tined to be disappointed in the amount of street improvements to be asked for by the Commissioners in their esti- mates to Congress, it was indicafed today by Engineer Commissioner |- Kutz. The Commissioner made this.clear this morning during a hearing at which a committee from the North- east Washington Citizens’ Association presented a list of eleven clvic better- ments desired by that community. When President Evan H. Tucker told the city heads his assoclation hoped to see several streets approach- ing+ the .new Eastern High School paved, Col. Kutz said: “Tke requests belng made to the Commissioners for street improve- ments are 8o large that we will be compelled to ask only for the most important needs of the various tions of the city. Last year we mitted estimates for $800,000 worth of street improvements and received ap- propriations for only $140,000 worth of paving.” Eleven Projects Asked. The eleven projects which the northeast citizens asked to have sub- mitted to Congress in the estimates are: First—An appropriation for the purchase of the Patterson tract for a public park, provided :Fere shall be no assessmépt for benefits on owners of adjacent property. Second—Ap appropriation sufficient AUTOISTS AROUSED AT PROPOSED TAX Declare $347,000,000, Ap- proximately, Is Now Levied Annually-on Motor Vehicles. to construct and maintzin a bathing beach and the necessary appurtenances| Automobile owners throughout the thereto, to be located in Anacostia untry, reports to Washington today e ey ¥ aicated. ave goln to make a dater- Third—An appropriation for a plant | mined fight against the proposal to for the disposal of refuse and the|place a federal tax on automobiles. city's waste, that the existing nuisance | qpo “ a1 T U e Assocta- rtheast e trelonr €35t | 11on has fired the opening gun for the protestants in a statement sent to Fourth—An appropriation for the paving of streets approaching the new | Chajrman Fordney of the House ways and means committee requesting a Eastern High School, viz., East Cap- itol street from 15th to 19th street, A street northeast from 15th to 17th | hearing before action is taken. street, B street northeast- from 15th | Representative Appleby’s bill propos- ing a federal motor registration fee, followed by the recommendation ye: to 19th street and 17th street from A street southeast to B street north- terday of Secretary Melion for a flat tax of $10 on all cars, aroused motor- ists y fo the realization that noth- ing -short of a vigorous preseutation of facts to Congress will prevent th iation for im- | placing of more burdens on an indus- Virgin: €nwettry declared to be already overtaxed. from Florids avenue to New- York| In its letter to Chairman Fordney avenue. the American Automoblle Assoclation Seventh—An appropriation for!the ts an interesting array of taxa- installation of modern electric street|tion figures . showing that some ten lamps on H street northeast to 15th [ million motor vehicles in the United street. £ States now pay into federal, state and Eighth—An _appropriation for the municipal coffers approximately $347,- installation of modern electric street | 000,000 annually. lamps on Massachusetts avenue, east This statement declares the fleld of from Stanton Park. motor taxation has been pre-empted Ninth—An appropriation for the by the states. If the proposed fed- purchase of vacant ground adjacent|eral tax were substituted for all oth- to the Ludlow School for playground|er taxes there would be no objection e e oL AR (oGt e msociativnjatates: enth—' nu: tions for the reclamation of the Ana- [Ta senlonjMotorfvenicien. costia flats be materially increased| The letter to Chairman Fordney fol- 20 as to Insure the completion of the | lows: roject at an early date. . : - P eventh—An' appropriation for the | “The papers indicate that Repre repaving of H street along the sub- | sentative Appleby of New Jersey has Way under the tracks of the Wash. | introduced a bill which is to be con- Ington Terminal Company. sidered by your committes as & part of the general scheme of federal tax- iWants/Trask Blaxt st Oeconn ation. This bill would place a tax of Col. Kutz asked the committee if it | 40 cents per horsepower on passenger automobiles and $10 to $70 per ton cared to suggest where the proposed on trucks. trash plant should be located. All ““There are now more than a millfon three members agreed that it should | commercial vehicles or trucks and be bullt outside the city, possibly at|more than nine million passenger cars Occoquan. B operating on the public streets and Prof. Percival Hall, a member of { highways of this country. This or- the delegation, sald he realized that|ganization, which represents a large it would be possible to bulld a mod- [number of these car owners, is most ern incinerator in the city proper |emphatically opposed to a federal reg- that would burn waste paper with- | istration tax of this sort for the rea- out throwing off objectionable odors. |son that the motor vehicle owners now He told the commissioners, howeves .W pay more taxes than any other class that there is a great variety of junk | of individuals. that cannot be put in an incinerator. “The registration tax Large piies of this cast-off material, | states is now as high as $1 per such as bed springs, ash cans and | horsepower, and on the heavier broken bottles, have accumulated |classes of trucks $160 per ton. Car around the trash plant in Trinidad, [ owners in many of these states are he said, and would accumulate around | paying a multitude of.taxes on their even a modern trash plant built any- | cars, including a registration fee, a where In the city proper. driver’s license fee, a personal prop- east. Fifth—An appropriation to complete the grading of New York avenue and U street from Florida avenue to Bladensburg road. Sixth—An approj provement of We. in_ some 000. “Municipal registrafion and license fees amounted to over $1,000,000, and municipal miscellaneous taxes, such as motor transportation franchise taxes, and motor fuel taxes for the benefit of cities amounted to over ate-and mun‘el- pal_burden now carried by the 3 (Continued on Page 2, Column 7.) NEW YORK, August 2.—The opening of the New York Stock Exchange was postponed three hours today because of a fire in the north wall annunciator board on the exchange floor. x The Consolidated exchange also closed until the big exchange re- sumed trade, but the curb market was unaffected. The, flames, believed by fire: of- ficials to have startd from a short circuit in electric wires, were dis- covered shooting up a shaft ad- joining the north wall, where an addition is being bullt to the ex- change. - Cleuds of smoke swept into the main exchange. Firemen fought nearly two hours to keep the fire out of the building, but despite. their: efforts the big indi- cator was destroyed. The -fife —attracted, p. great crowd. Rolice mmuacd scores” The delegation was composed of |erty tax, 2 municipal franchise tax, Mr. Tucker, Prof. Hall and Roscoe|a motor fuel tax, etc. Six or eight Jenkins. states now place a tax on gasoline of from 1 to 2 cents per gallon, which = % is not in lieu of, but in addition to, MANY DIE IN QUAKE. other burdens borne by the motorists. —_— o ‘During um‘ the federal ex;l-a i xes on passenger cars amounted to Eight Bodies Taken From Bari, 35%'223'3%}* ‘":! commercial , vebicles, Offi¢ 160,456, and on_parts, accessories Italy, EostiOMce/Rulns. and tires, 349,960,128, By the Associated Press. “In addition to this car owders pay ROME, August 1.—The post office m raglnlrauon ':rtnd license fees in building at Bari, in southeastern Italy, | the _various states approximately on the Adriatic, collapsed today, as & | $aerol sorC and, I Bersonal property result of an earth tremor, and eight( $76,000, and in miscellansous tax- bodies have so far been recovered uch as motor fuel taxes, motor from the ruins. Others are reported |{Tansport franchise taxes, mileage to have been kiljed In the disaster and | turers and dealers at least $10,000.- many injured. 00. Grogtd One of the bodies taken out was that of M. Zavolenia, reputed to be a @reek millionaire, who was transact- ing business in the post office at the time of the collaps: LO! , - Augu: 2.—A violent earthquake shock was felt at Leg- h Jtaly, and elsewhere Monday, Avs’a dispateh to the London Times from Milan. Severe damage was done in the Lake Lugano district. Declared Necessity to Cope With Public Demands. DETROIT, Mich.,, August 2.—The necessity of eStablishing a candy clear- ing house to cope with the varying | dgmands of the candy-buying public was undér conslderation today at the convention of the National Jobbing Confectioners’ Association. The jobbers explain that the public tasts is far from being -uma;wuut one confection will be popular . for & time, then another will suddenly “catch on.” The clearing house would then redistribute the unpopular brand to new territory, relieving the dealers of stationary stock and at the same time releasing capital that otherwise would be‘sewed up. . Commenting on charges of profiteer- ing in their trade, the candy men de- cl sugar was the only ingredient that had dropped in transportation and fla serted, were twice as hi, the war, while nuts that 20 cents & pound now-coms at 90 cents, [ 4 SUNDAY MORNING mfi:ong : WASHINGTON, 'D.” C., TUESDAY, AUGUST 2, 1921—_TWENTY-EIGHT PAGES. % WAYS AND MEANS WAILS AND MOANS. FIRE IN NEW YORK STOCK EXCHANGE TIES UP OPENING FOR THREE HOURS l The Associated Paper and also Member of the Associated Presd Press 1s exclusively entitled to the use for republication of all news dispatches credited to 1t or not otherwise credited In thig the local ncws published her:tn. All rights of publication f special dispatches oerein are alw ieserved. Yesterday’s NEW REPARATIONS PACT BETWEEN GERMANY AND FRANCE NEARLY READY By the Awociated Press. PARIS, August 2.—Germany and Frapee. will probably sign the new reparations ‘agreement negotiated hy Louls. Loucheur .and Drs Walter Rathenau, German minister of recog- struction, in a few days, it was de- clared by the Petit Parisien today. The agreement will be submitted to the Bupreme allied council for ap- proval when it mects here early next week. B 3 The accord which was reached by M. Loucheur and Dr. Rathenau is merely awaiting ratification by the German government before formal signatyres are exchanged. Final de- tails of the plan agreed upon have thus far been withheld from the pub- c. PORTLAND NOISILY 'GREETSPRESIDENT Welcomed by Governor and Mayor, He Makes a Brief Speech. By the Associated Press. PORTLAND, Me., August 2.—Presi- dent Harding left here for Lancaster. N. H, shortly before 11 am. today, making the trip by automobile. An informal recestion was tendered him when his party landed from an eagle boat at custon house wharf—aftér an overnight trip crom Plymouth on the | presidential yalht Mayflower. Later CONSIDER WIDENING e % e :steps of the muuicipal building. destroyers. The presidential party was to remain in Portland only twen- ty nrinutes before departing by auto- War Department Officiais Favor Broadening Highway to Cover New Flume. mobile for New Hampshire, Presi- dent Harding, however, made a brief address from his automobile. The President believes in an Amer- ica concerned with every section of the republic and wants an America in abeolute truth, as well as in name, he Plans for widening Conduit road at the time Washington's new ten-mil- lion-dollar conduit from Great Falls is built are under consideration by the War Department, it was learned today. Thé improvement contemplat- ed would, it is belleved, make that said, in his short talk to the thou- sands of people gathered in front of thoroughfare the most traveled one leading from the District. city hall. Informal Welcome. The chief executive was welcomed informally to the state and city by Gov. Percival P. Baxter and Mayor Charles B. Clarke. As he walked to the automobiles furnished by Secre- tary of War Weeks, whose guests the The new water line is to be con- structed alongside the present one, which lies just a few feet below the surface of Conduit road. This means travel over the road will be restricted considerably during the construction period, which is expected to consume three years. Army engineers point party will be in New Hampshire, the President shook hands with those out that the road will be damaged by the comstructfon work and that it PRIZE FOR PRESIDENT. Watermelon Weighing 76 Poundl' Expressed From California. TURLOCK, Calif., August 2.—A watermelon = welghing _seventy-six pounds, and measufing thirty inches in length, thirty-two inches in cir- cumference, was forwarded today by express to President Harding by a grower of this district. The melon is expected to reach ‘Washington about the time President Harding returns from his vacation. G. 0. P. ORGANIZING SOUTHERN STATES First Step of National Com- mittee Successful in Georgia. Secretary Clarence B. Miller of the republican: national committee has re- turned to national-headquarsers here ter 2 three-day-conferemce at At- fanta wtih leading citizens of that state on the reorganization of the re- publican party in Georgia. Similar efforts will be exerted in other south- ern states with the same objective. “As a result of that meeting,” said SBecretary Miller today, “a southerm state for the first time has now a strong republican organigation, consist- along the dock. President Harding wfs given the { presidential salute of twenty-one guns when the Mayflower was abreast of Fort Williams after passing in by Cape Elizabeth. Whistles on harbor craft snd in the city took up the salute and continued as the May- flower anchored. Through streets crowded by thou- sands, who learned only at the last moment that the President had con- sented to address them briefly at the request of Senator Frederick { Hale of this city, who accompanied him,. the automobiles -passed to city hall. His short address delivered. the President and his party were off again, this time on the Roosevelt trail for the four-hour ride to Lancaster. Their route took them through the picturesque White mountain country, on which Naples, Brideton, North Cen- way, Bartlett and Crawford Notch are stations. Luncheon was arranged for at Crawford Notch. Unforgettable, Snys President. be done out of the appropriation au- thoriged for the additional pipe line. -‘Almest Toe Narrew Now. Conduit road has become a boule- vard for automobilists, and is almost t00 narrow for the traffic now mov- ing over it, especially on Sunlay: when there are so many machines on the road that little room is left for ing of men of Imporiance in the state | pedestrians. It is the one travel ar. = a Who have the confidence of the people |téry over which automobiles may h‘:’;&’:fl“gfidfil}“",gf‘t‘“‘;f’,‘mofnh ind whe are pledged to further the |venture into Maryland without hav- President Harding et Tymonth ing to procure a Maryland license, the road being the property of the jUnited States government. It became known today that the War Department has prepared a three-million-dollar item for .prose- cuting work on the new comduit dur- ing the new fiscal year. This is in line with its policy to complete the improvement within three years. The initial appropriation, provided in the current Army bill, is but $200,000, and will cover merely the cost of preliminary operations. Speed May Be Up to Dawes. Director of the Budget Dawes may have something to say, about how fast the condujt shall be built. The District is to pay 60 per cent of the cost and, at the rate of progress contemplated by the War Depart- ment, that would mean charging about $2,000,000 annually to the mu- nicipality’s budget for the next three years. If this rate is maintained certain improvements needed in the District, such as new - streets, parks and bridges, may have to go by the boards for the time. The seriousness of the water situation has brought about an agreement between ‘federal and District government heads that a new conduit is the capital’s great- est need and should be given the right of way over other proposed improvements when the budget is being prepared. Maj. M. cause of republican policies and prin- ciples. “This is the first step of the na- tional committee to promote party or- ganization in the southern states and replace present chaotic conditions with order. submarine chaser 408, with the presi- dential party aboard. showed off at 11:17 nd went down the harbor to transfer them to the Mayflower. Before he left President Harding sald: “What impressed me most of all, apart from its sheer beauty, and the spiritual significance of this tercenten- was the fine manner in whjch spiritual significance o fthis tercen- celebration was brought out. For me the pageant, and indeed the whole day, was an_ unforgettable experience.” U. S.-ARGENTINA TRADE. Balance Ageainst Southern Republic 260,949,200 Pesos, Figures S8how. BUENOS AIRES, August 1.—Fig- ures, which are understood to be based on official calculations, pub- lished by La Nacion show that Ar- gentina’s unfavorable trade balance in commerce between United States and Argentina for the year ended June 30, amounted to 260,949,200 pesos, gold, thus explaining the high price of the American dollar in this coun- Time Seen Propitious. “The national committee deems the time propitious to organize in the southern states a républican party ‘conmutlng of committees, officials and members that will command the re- spect of the citizens of the state and advance the cause of republicanism. The national committee, after a care- {ful canvass of the state, invited some }tw- hundred citizens to the meeting, and no more representative body of men_ever constituted a political con- ference in the south. “A state committee of fifty mem- bers was created, with J. L. Philips of Thomasville chairman. Chairman Philips was here yesterday in con- ference with Chairman Adams of the national committee, and upon his return will maintain offices in Atlan. ta for the state central committee In addition there the year round. will be a district committee in each congressional district. Proper repre- sentation is accorded to all-elements of citizenship in Georgia. Other States Next. “In due order the national com- ‘mittee proposes to take up the same line of éndeavor in Florida, Missis- C. Tyle® district engineer sippi, the Carolinas and other south.|officer, representing the War Depart- ern states. Many democrats realize |ment, who is to supervise the build- the benefits to good citizenship in ing of the conduit, now has a large having two strong political parties|force of men at work on drawings in_the fleld.” and other office work Incidental to Joseph B. Kealing of Indianapolis, |the starting of a large construction one of the wheel horses of the re-[job. He stated that the present year publican party in the,Hoosler state, | Will see ground broken in the under- Dho attended the conference at|taking, though little can be done with Atlanta, is in the city today, and|Pick and shovel with the small initial talked with Chairman Adams and|3Ppropriation provided. If $3,000,000 Secretary Miller. Mr. Kealing was|i8 allowed for the second year, the enthusinstic over the results of the| Work probably will be divided into Georgia reorganization and predicted sections and let to several contractors. good results from it. LEAGUE FOR SMOKING, | \'-LED WITH WRENCH. - 2 Postmaster at Tobacco, Va., Brutal- NEW YORK, A it 2.—Th nen X ly Slain Near His Store. on, Incorporated, has been granted a charter by.Supreme Court| ZFETERSBURG, Va. August 2.— Sistice Martin, The league plans to|Tivnal Elmore, postmaster and store- flhnulmnh nndt c(:lle‘r’veut‘);es:lght o: keeper at Tobacco, Va., a small town the citizens of the Unite = ©Lfon the Virginian railroad about fif: America to the use of tobacco. miles south of Petersburg in Brun:! wick county, was killed about 400 yards from his store last night about nine o'clock. A bloodstained wrench, found alongside the road on which the body was found, told how the crime had been committed. Mr. Elmore's head was_ terribly crushed, having been battered almost beyond - recognition. WORLD WEAL IN U. S. HAND Toutist Sees Future Destinies Un- der American Control try. The figures take into consideration American_ export _prices, plus in- creases due to freights and other charges, and the increased costs im pesos, due to the unfavorable ex- change. With such balances piling up; the newspaper says, it will be impossible for Argentina to continue importing large amounts of merchandise from the United States, especially now that the emergency tarlft has interposed a barrier to Argentinian exportations to the United States. Today’s News in Paragraphs Street improvement projects certain to _be reduced by Commissioners. Page 1 South to be organized by republicans for political contests of future. Page 1 Ten thousand-dollar jewelry claim filed against Oyster estate. Page 1 Widening of Conduit road being consid- ered in connection with new water supply plans. Page 1 to home of Secretary Weeks. Page Automobile owners oppose the proposed federal tax on motor vehicles, declar- ing $347,000,000 is now levied on them annually. Page 1 sid killing at Welch, W. Va. Page Chile to make inquiry to U. 8. over ot detectives and private guards were thrown into the financial spoech of Douglas in Peru. Page 2 district. Traflic was stopped on the ‘Wall and Broad street sides of the burning: building. s While the firemen were still at work, J. Plerpont Morgan: arrived at. his offices, just across the street, and watched the spectacle, Like othey prominent Wall street men he was forced to leave his automobile a block from the scéne and walk past the fire to his of- fice. The Morgan building was under a heavy guard of police. ‘With the exception of the an- " nunciator the exchange proper suffered little damage, ex- cept from smoke, althou, ‘water. poured over the floor. total damage was estimated by fire of- | Gen. Pershing to address D. C. campers | “at Meade this-atternoon. " Page 2 Gov. Small of Illincis-hints suit for false arrest to follow service of warrant for alleged embezzlement. Mystery in express loss of $57,500 by LAKE JUNALUSKA. N. C., August aston 1 e Same 2 5Cs 8 3-—Tnat the United States folas' the | TTeLY sttt e o e L ture of the world in its hands, w: sirte the \mprossion gained by 3 G. Fed b e gaughter of clergyman, an, in an exten ur of Bu: o and Latin American countries, he des nd fund is increased by 3250 clared before the Methodist mission? S Page ary conference here yesterday. Mr. Inman said President Harding more than any other man controls the destinies of the nations and if the churches of ‘America would back him ficials. at $25,000. .- ./ |in.disarmament conference politicians ng on the floor of the ex- {would not dare deprive the world of _shortly _after 1 {another chance for -universal peace. He said England was more anxious than ever lsor closer relations with derhocratit being held Virginia de; e primary ng e“ o tax revision bill. Page 18 W. R. and E. committee meets tomor- row to discuss fare cuts. Page 13 ‘War of provinces disturbing to government, > House ways up detal Page 19 | considering Portian® greets President on his-way | 1| Mills asked. Hiatfleld hit by five bullets at double | 12™151s "5 25" “lending 3}1y, but did no Page 4/of Chinese | ¢l Net Circulation, 87,631 TWO CENTS. WILLIAMS SCORES GOVERNING POLICY OF RESERVE BANKS Former Controller of -Cur- rency Criticises Gov. Harding and Loans. HITS INTEREST RATES AND CREDIT DIVISION Tells Joint Congressional Commit- tee Money Was Used for Specu- lation—Favoritism Charged. John Skelton Williams, former Con- troller of the Currency, appeared today before a joint congressional committee agricultural problems, to criticise administration of the Federal Reserve banks. Gov. Harding of the Federal Reserve Board sat in the audi- ence. “I did not agree with the poliey of the reserve board in indiscriminately raising interest rates in 1919,” Mr. Wil- rllnms said, “nor did I agrce with it pre- viously in a policy of making prodigal advances to institutions in the east, to the disadvantage of the west and south. “I found that the board in 1919 was ‘advancing directly and indirectly a total |sum of $130,000,000 to a single institu- tion in New York city.” Cites Statistics. Mr. Williams read statistics which he said showed New York. Chicago and other city banks were getting more reserve loans than all the coun- try banks at the period. When asked that he present 1921 figures, too, Mr. Williams promised to do so. The New York Reserve Bank, Mr. Williams said, always was a tremen- dous borrower. “to the extent of four times its capifal. for use in specula- tive operations and promotions.” Representative Mills, republican, of New York, moved to strike out the testimony. but the commission voted him_dow “Aren't you giving these figures without any reference to the assets and deposits of the borrowing bank ™" Mr. Mills asked. “I prefer to have the board, whose members I see here, ask questions ax to their administration.” Mr. Wil- liams replied, adding that the board adopted general rules which con- trolled the amount of credit granted to individual banks and that these rules varied with varying conditions in_the different reserve districts. It was developed that the reserve board established “basis lines” com- pounded from resource totals of banks which controlled amount of re- discounts. o Protests Credit. Returning to his statement, Mr Willlams sald: “On December 26, 1919. the report showed the New York Federal Re- serve Bank had lent to one New York bank $130,000.000." Mr. Williams said he had protested to the board at the extent of the credit because the “bank was con- spicuous for its speculative activi- ties.” “This was not a national bank?” Chairman Anderson asked Mr. Willlams returned. clal examination of its condition, but was not allowed, on the ground that the board’s interven- tion might alarm the state banking authorities. Senator Harrison, democrat. Mis- sissippl, asked If the reserve law did not forbid “speculative borrowings.’ Mr. Willilams sald it did. “But that does not preveng an in- stitution from borrowing $10.000.000 in liberty bonds.” Mr. Willlams added, “and rediscounting it with the reserve system and then lending the money to its president for speculative op- erations.” “Isn't it true that that institution is largely engaged in lending money for export of grain, all other farm products and manufactures to Eu- rope”’ Mr. Mills asked. “I presume it is largely so engaged.” Mr. Willilams replied. “Its funds were largely loaned to its executive of- ficers for speculative operations.” Power to Contrel. “The reserve board has always loan- ed largely and at low rates of inter- est,” Mr. Willlams continued. “to cer- tain New York iastitutions, and main- tained the practice in good times and hard times alike, when the board was forcing liquidation at immense sacri- fices to borrowers in Richmond, At- lanta and Dallas districts.” Effectual power is in the reserve board to control all the conditiong he criticised, Mr. Williams asserted dur- ing an argument. It can remove any reserve bank of- ficer found incompetent,” Mr. Wil- liams added, “and it can tell any bank to go slow.” 'm informed that country banks send large sums to New York to be loaned on call, for speculative pur- poses,” Chairman Anderson said. *] you recommend that these country banks be subject to restrictions also”" “I do,” Mr. Williams said. Criticises Loans. “We find that these specul loans in New York banks in question are studiously camoufiaged,” Mr. Wil- liams continued, “by means of con- cealed loans to icers, who partici- pate in syndicates and promotions.” “Do you think the lending power of the Federal Reserve Board ought to be used to compel compliance with banking laws on the part of member banks?” Mr. Anderson asked. “I do,” Mr. Willlams replied. “Do_you contend any federal re-- serve bank has viglated the law?" Mr. “I make no such charge,” Mr. Wil- liams said. He read more of the resource sta- tistics of the New York bank, which howed, he asserted, that in Decem- huge sums to certain institutions” while the board was curtailing credit elsewhere. At Issue With Harding. Mr. Williams, reading testimony' from congressional bearings _took issue with statements of Gus.. Harg- ing, who followed the witmess intent- ek to interrupt. Mr. Willlams testified from a mass of papers, bank reports and docu- ments, which he sorted out with aid a secretary. Reserve lendings to agricultural interests were than Gov. Harding said during 1920 and the early part of 1921, he said. “There is ground for the farmers’ ing's statements are true.” “Are you under the impression that loans of country banks have con- tracted since 19197 Chairman Ander- ed. There was general bank- ing contraction since then. Mr. Wil- liams he no usion as -traction b;