Evening Star Newspaper, August 17, 1924, Page 13

" MACDONALD HERO OF LONDON PARLEY Strange Reversal of Fortune May Make Pacifist Saviour of Europe. BY A, G, GARDINER, Ry Radio (o The Star, LONDON, August 16—Thi been a week of extraordinary alarms and. excursions in connection with the reparation conference. The out- | look changes from day to day, al-| most from hour to hour. At one moment all prospects of agreement seemed to have vanished, and. the arrival by airplane from Paris of former, Premier Poincare's secretary to interview Premier Her- riot before breakfast was taken as an omen of the worst. This incident fallowed M. Herriot's dash to Paris td consult his colleagues, which seemed entirely actory on its resu The the sudden change and the thermometer fell be- law freezing. The only question seemed to be whether the conference should break up or adjourn. Thursday M. Herriot made two important concessions— first, evacuation of certain Rhine ports and zones between the bridze heads as xoon as the Dawes plan was | in operation, and, second, abandon- ment of the claim to maintain French and Belgian railwaymen in the Ruhr. The writer h: ng reason to be- lieve that Chancellor Marx and his colleagues sent to Berlin a strong recommendation for full acceptance of the proposals. has MacDonald Distinguishes Self. After the conference adjourns Prime Minister MacDonald will be able. to take a much-needed rest in Scotland, with the consciousness of having made the greatest stroke for Burope since the outbreak of the wear. His good fortune in the matter has been immense, for, while his prede- cessors had to wage a hopeless fight against the obduracy of former Pre- mier Poincare, Mr. MacDonald's ac- | ocession to the prime ministership co- incided with the fall of that formida- ble enemy of Furopean reconstruc tion. But all ;agree that Mr. Mae- Donald has managed the situation With conspicuous’ skill and Judsment, and his prestige at the moment un- doubtedly is high, Tt is remarkihle) that the success| of. the labor government should have been achieved in the eld of foreign affairs. In domestic n ters labor's rceord is regarded as equivocal, but the tendency has been to keep to the beaten path and avoid extreme meas- ures. This undoubtedly has strength- ened their position in the country, and | when the election comes it is expected | that they will increase their numbers In any case, Winston Churchill” slogan that “labor cannot govern™ now is regarded as out of date. And| if a Buropean concordat is put to| their credit, the old gibs will lose all its force. | 1t will be one of the strangest re- versals of fortune in history if the man who, during the war, hardly | dared show his face in public, should | live as Furope's deus ex machina. | Fair Crowds Fall Short. | London has gone to the Moors and the seaside. and is except for the 00 left behind and the visitors who continue to pour | in from the provinces and forei lands, attracted by the Wembley I position. Ten miflion people now | have visited the, gxposjtion. but as the | total hoped for w grouse Dty | 15730,000,000, and as | there are little more than two months #0 run, the prospect of realizing i Pectations is not high. | 1t is anticipated. that, as in the case of the Chicago Egposition; the volume of visitors will snérease during the | Jater period, but little now is heard of | the proposal to reopen the exhibition again ne year. Only a.bumper suc cess this vear could justify xo darin an’ cxperiment Tom Gibbons hasx after his five or six minutes’ with Bloomfield. The affair was quite a srotesque o, and the experts are | unanimous that Ingland is without | any firs ass candidate to put the field a ¢ the American master | puglists left for Amer Rexentment Over Fight. Much resentm felt at_the whole . circumstan of the fight, which bears the impression of a mere | money making entei The result in this respect. however, was a rather squalid failure. [t appears that the | promoter was in bankruptey and en- | gineered the match in hope of making 2 great profit. But in spite of enor: mous bousting, .the attendance was only. half what ‘was expected, and Gibbons and others were left to take | legal pr dingk to recover what is| owing them. The affair has thrown | greut discredit on_the boxing world and should lead (o stern meusures to prevent the rccurrence of =0 malo- dorous an a Kahn, on Sevent St. OPEN SATURDAY:! 5 DIAMOND -BARGAINS We are slling the Diamonds listed below for parties who are fn need of immediate cash, We would advise you to take advantage of this exceptionsl opportunity to buy sale price. $400 Blue-white Solitaire Dia- mond Engagement Ring, hand- some solid platinum mounting, set with dlamonds and sapphires. $275 . One-carat less one-eighth. Fine Blue-white Solitaire Diamond Ring, beautiful cut and flery gem. Lady’s handsome mounting. Party must sacrifice. $150 Two-carat Absolutely Perfect Solitaire Diamond Ring, very fine cut and flery dlamond. Gentle- man's 1§-kt. white gold mount- ing. Must be sold at once. $390 WE GUARANTEEE EVERY DIA KAHN OPTICAL CO. St. N.W. 617 7th loperate to hinder France in the col- | g0 on four-da | bankrupte battle | * | not been obliged anxiously to seek a| S aaN\Z THE SUNDAY STAR, WASHINGTON. D. C., AUGUST 17, 1924—PART 1. FRENCH CLAIM HIGH TARIFFS WILL FRUSTRATE DAWES PLAN — See Actions of Britain and America Preventing Ger- many From Securing Money for Reparations. BY WILLIAM BIRTM Dy Cable to The Ster. PARIS, August 16.—The Franco- German skirmish over, the time and conditions for evacuation of the Ruhr served as a dust screen for much more important events, which will have far greater bearing on the ulti- mate operation of the Dawes plan. Chancellor Marx and Premier Her- riot, after all, were only staging a sham battle for the entertainment of their respective parliaments, both hoping to return home within a few days claiming victory—or at any rate enough glory to insure ratification of the London agreement. Issues or Tariff, What is far more important, but is receiving slght attention, 1s prompt preparations in both England and America to frustrate what, from the French viewpoint, is the chief ob- ject of the Dawes project, namely to get reparations payment from Ger- Even before the signing of the Lon- don agreement, Prime Minister Mac- Donald's government issued an order estoring the 26 per cent tax on Ger- man exports to FEngland, while si- multanecusly President Coolidge reaf- firmed his belief in a high Ameriuan' protective tariff Both these measures will inevitably lection of reparations from Germany under the Dawes scheme, and for that reason they are viewed in cnlight- ened French quarters with dismay. MacDonald and Tax. The idea of a 26 per cent tax on German exports was originally an in- terallied measure, the purpose of which was to force German pay- ments. Despite large exports, Ger- many was failing to fulfill her prom- ises, and so the allies determined to collect at the source 26 per cent of all exports sent into allied countries, leaving it to the German government to reimburse the exporters. This the German government failed to do, and the result was that when Mr. Mac- Donald took office, almost his_first act was to reduce the tax to b per cent. He explained that German ex- porters refused to ship goods uriless | GERVAN FACTORES SHIRTEN SCHEDULE Economic Crisis Forces 4- Day Week—900 Bank- ruptcy Cases in July. BY MAXIMILIAN HARDEN. By R B August 16, — Several world famous companies, one of the latest the Benz automobile factory at Mannheim, have been compelled to y-a-week schedules be- ause of the economic crisi In Tuly alone, it is reported, at least 300 cases were started. The | number of liquidations and protests of business control is continually in- creasing. The furious hunt for capital credit has upset the interest rate tremend- ously. There have been cases where a loan of 50,000 marks in cash, paid interest as on 100,000 marks at 9 per cent. Clever co-operation of many money lending institutions prevents appeal to the usury laws. large industrial groups have warned against ruining business morals, pointing out daily that es,of good faith at home must as’a warning to foreigners not to do business with Germany. Up to the present the warnings have not been heeded. All Look to Loan. Ail hopes are set on the forty-mil- lion-pound sterling loan shining across the Atlantic. No party, there- fore, has the courage to take the re- sponsibility of rejecting the Dawes report. The difficulties of carrying it out, with respect to the “tran; | underestimated. Not muc more is known today about the cir- -ulation of large amounts of capital than Montezuma knew about the cir- culation of the blood. And if three parliamentary weak prime ministers —MacDonald, Herriot and Marx—had | brilllant success, the London confer- ence would have ended with a golden dictatorship of the bankers. mers and the industrialists no longer fill the Nationalist “Voelki- schen” war treasu And without a S UNTIL 7 PM. 24-Inch Genuine Richelien (manufac- a Diamond far below the whole- Three - quarter-carat Fin e ‘White Solitaire Diamond Ring, very fine cut and brilllant dia- mond. Lady's beautiful mount- ing. A real bargain. $95 $550 All-platinum Diamond Watch Bracelet, 66 blue-white diamonds; finest 17-jewel adjusted movement. Extraordinarily fine and handsome. $350 All-platinum Flexible Diamond Bracelet, 30 real large blue-white diamonds; very fine quality and workmanship. Cost originally $1,100. $690 ND WE SELL they were paid in full, as they could not get reimbursed’ by their own government, and as a result the tax was ylelding nothing. - It was be- lieved a smaller tax would yield something at least. Immediately a great howl arose from British industry against thus letting down the bars .to German goods. For, of course, the famous 26 per cent tax, while disguised as a reparations measure, was really only a protective tariff and as such ac- complished its purpose—namely, the shutting off of German exports into ngland. And so today Mr. Mac- Donald as head of the Liberal-Labor government, theoretically a free trader, is really restoring the tax for the purpose of stemming the flood of German goods which would result from the building up of German in- dustry. Closing Export Markets. And if American tariffs are also increased the result will be the cl ing of Germany's chief export mar- kets and thus preventing any expor balance, which is the only hope getting any cash payments out Germany under the Dawes plan any other plan. Add to this the fact that England now controls most of Germany's colonies, where the same rule will be applied, and the chances of German economic expansion look dim indeed. It is not surprising in the: cumstances—which. of course, telligent Frenchmen fore sentiment grows apace in both France and Germany for closer com- mercial relations between these countries. Already the preliminary agreements have been drawn up and as soon as French recognition of soviet Russia is given probably Ru sia will figure largely in this n European bloc. But the Buropean continent, With- out banking resources for such vast enterprises, is hardly yet able to throw down the gauntlet to Anglo- Saxon industry. Much American gold is' needed and as a consequence t f 1 or rope appears to be passing from | English to American. (Copyright, 1924.) considerable propaganda fund, ideal- ism loses its motive power. While the adventurers. and the hirelings creep away fro mthe empty trouzh and the Nationalist Goliaths' pulses are rather weak, the republic h raised a powerful party to service against the still dangerous giant. The Catholic party, once Wilhelm's most steadfast supporter, is wisely adapt- ing itself to the new times. It has provided the reich with three mi isters and even three chancellors, but as a community, has never quite openly declared itself republican. The necessity for such a public acknowledgement has only now been realized on the Vatican watch tower. (Copyright, 1924.) Five hundred delegates from vari- ous parts of the United States and Canada are expected to attend the annual convention of the Interna- tional Association of Machinists, which will meet in Detroit, Septem- ber 15 for a session of two weeks. OPINION IN FRANCE IS AGAINST HERRIOT Criticized for Allowing Injec- tion of Issues Desired to Be Suppressed. BY GERVILL By Cable to The Star, LONDON, August 16.—The conclu- sion of the London conference has been marked by some confusion. This is not surprising, for the conference was conducted by politicians and ex- perts who naturally did not employ the ordinary rules of diplomacy. The United States may flatter itself that it was represented by time-tried am- bassadors who were well acquainted with the ins and outs of the game, whereas diplomats were precisely what France lacked. rench opinion is generally inclined to reproach Premier Herriot with having exerted elf too much and finally by having been led to discuss that which he did not wan dis- cussed. REACH Subjects Were Banned. It had understood that neither the military _evacuation of the Ruhr nor interallied debts nor economic con- ventions should figure in the agenda of the conference. The Dawes scheme, which avoided these delicate problems and devoted self to a puaranteed German payments, w; have been the sole subject of cussion. But what trary? The F review and the German sought, with the tacit consent and other delegates, to drive nto discussing the military evacuation of the Ruhr. The im- mediate reaction of the French, of whom new sacrifices were demanded, was to seck to obtain counterparts. That was only natural. They were thus induced to undertake the dis- cussion of a commercial treaty with CGermany. Not satisfied with this somewhat premature discussion, the French re- minded the British government that Andrew Bonar Law, Lord Curzon and. fatterly, Premicr MacDonald, had syste to dis- happened, on lish at the the con- Spithead delegates of | his own government, of | made proposition as to payment of the Franco-British debt. Naturally the English delegates did not evade this delicate problem. When a debtor, generally considered as honest, come: and talks about money he owes, it is not customary to show him the door. Security Ixsue Rixes. As a general rule it is the creditor who makes the first discreet step, but this is a time when customs are changing, so much so that the Eng- lish, in their turn, let it be known that if that question should be raised again they would seek to induce the United States to consider a review of the interallied debts, including the Mellon-Baldwin agreement. But this is not all, There were so many mili- tary experts in London that the ques- tion of security could not be ignored, although it had no place in the Dawes report. It was, at least, decided to discuss security in relation to the evacuation of Cologne, Dusseldorf, Duisburg and Ruhrcort, that is, the region occupied under the Ver- sailles treaty for five years. Then, it must be remembered that there were opposing economic inter- ests to be reconciled. These included very divergent views upon such ques- | tions as transfers and deliveries in kind and in cash; reinvestment in iermany of funds which cannot be transferred: question of complete am- nesty in occupled territories, and be- hind the scenes always were claims of bankers insisting upon adequate safeguards for a German loan. From all this it may be readily appreciated how great were the difficulties to be surmounted. Exhaustion Brings Agreement. Finally, sheer phy al proved to be the powerful element in inducing the confere ¢ Lo an under- standing. Home politics played a part, too. Ambassador Kellogg could not be insensible to the effect in the United tes of the successful launching of u scheme which bears the name of the vice presidential candidate of hf own party. Likewise Mr. MacDonuld desirous of enhancing the prestige of which holds office without a party majority. Thus it came about that the French claim regarding the Ruhr evacuation received unanimous allied support. This combination was too powerful to be resisted by the German govern- ment, which in reality represents noth- ing but an unstable coalition, and, deed, Germany, having obtained suf- ficient concessions with immediate evacuation of railway junctions or ports, Mannheim, Offenburg, Wesel, Emmerich, garrisoned since the Ruhr occupation, with zones between the Rhine bridge- heads, and certainty of withdrawal of allied railway men, bowed before the WANTED A Distributor for a High Grade DOMESTIC OIL BURNER In Washington, D. C. This is an electrically driven power burner and can be sold and installed at a good profit for $265.00. A fine opportunity for a hustler. Only a small amount of capital required. Interview by appointment onl, be seen in operation. References exchanged. at which time burner may Address Box 32—S Star Office SPECIAL FOR MONDAY Including REE Cabinet COMPLETE Floor Lamp Duet Bench Pay Only $3 Per Week! TRADE YOUR UPRIGHT PIANO AT FULL VALUE AND NO CASH NECESSARY G STREET, COR. 13th- of | exhaustion | in- | | | { | decision which preserved their prestige in the Reichstag. Ultimate Effect The great question is the effect of the conference on the fu- rope?’ The ch fear a quickening of the Nationalist spirit in Germany, because it may be a real tory for Nationalist pretentions. It is also_possible that a discussion on the London agreement in the French Par- liament may react unfavorably on M. Studied. vhat will be Herriot's cabinet. Finally, aithough is hardly probable, there remain possibility of a minjsterial cris Gen. Nollett submit his . res minister of war after of Parliament. The gencral opinion is perhaps rather too pessimistic. There proverh in France that there is not example of ba case in which evervthing has not turned out for the best in the end. Once more; after having made “much ado about nothing,” Europe will end by es- it the ation s a favorable vole o hould |&oat of mili 3 thanks of France for having done. hix best for peace in defending., according to his own lights, fisherwoman rists wn country (Copyrig] will deserve tablishing 2 new peaceful balance. AT M. Herriot, after having been the scapc- e the interests of Bt= ht, 1021,) s i 55 S ey Manner of Rve Beach . is New England’s only lobster an occupation frote which she earns a handsome living: | — Where Your Dollars Count Mast t | BEHRENDS 720~22~24 7th St NW. 59¢ Men’s Silk Sox Heavy quality silk sox 39 1,200 Women’s New Underarm Books & Bags Duplicating $3.00 and $4.00 Styles also some drop-stitch effects 3 for $1.00 A great one-day special—this special purchase of Smart Bags in all the new wanted shapes and colors. The immensity of the lot and the dozens and dozens Seamless to, Black, of different styles make a description impossible. See them and marvel, 98 LOT OF 147 HIGH-COLOR SILK DRESSES § Show Room Samples and Jobs, Worth $15.00 to $25.00 \ nmr\*ulmh‘ collection of “class™ dresses of tinest geor- gettes. silk crepes and novelty silks, in styles for voung girl< and women. 1In lot are models and colors for street wear, dinner wear and party wear, in 16 to 44 sizes. Sale. New Tull-length, Full-sweeping Fur Coats, August Sale of Fur Coats with big novelty collars and wide flaring sleeves. Nicely lined throughout. 38 A Deposit Will Hold Until Wanted 19 Buying early saves many dollars in this Coat Up to $10.00 SUMMER DRESSES Take your unrestricted choice of Pure Linen Voiles and Novelty Wash Dresses in this prettiest and most popular styles. Close out price. $10.60 to $18.98 COAT SUITS & JACKETS$ odd |ionable Astrakhan Ja | elty mixture coat 95 | Closing out Tota ot laorleatn kettes and nov- suits in sizes for and Mon Summer's | women. misses zirls pieces of this wonderfal drapers cre tonue arrived i . for Mondar's All full _piece: perfect. Large ing of beautiful hi flower. lantern, ¢ Wide range of printed effects and large assort- ment of beautiful color- ings to choose from. sllsilk fabric. ineh wide brown cotton that will make stronz < sheets and launder white; 2 to 15 yard lengths; not more than 10} yards to each customer. cnly Which Sold to 50c 2 M " $1.25 All-Silk Bed pestns MlEciaas 4 s " 0 Crepe de Chi o dmneni 7 .49 lengths, Mast be soid epe de Chine all perfect.” and . Yoiles, plisse crepe, c 40 3men ‘Crepe de exch iperion: — et s AT 25¢ 32-inch Dress Ginghams | 50 beautiful Nigh Wide runge of Crepe ol o $1 49 o olemtycrow bikck Longeloth 38-Inch Printed Voile A peav. even: Ir woven eham- oo foods that will make lovel $1.39 Silk and Cotton Printed | underwesr. high-class lustroos fin- e it E ezl ataie 58¢ Granite Check Crepes ‘Wide range of bean- tiful colorings in vari- Iy and substantial » End of Season Sale Silks and Wash Goods: K inghams, in showing complete Crepes patterns in dark inches wide, in one-piece dress crepe. Clean-Up of Wash Fabrics //%//////////////////////////////@ Crochet Bedspreads merchandise Printed Not more than two soft and glowing $1.69 Rayon Silk Canton fhostas e} comnlats 25c Yard-Wide 36 inches wide, u 79 medium &hade: ‘Will fashion into love. e i fi A ‘ terns, genuine “Serpentine” crepe and®si pretty styles are the outstanding features of this un- usual Sale of Kimonos. 36-inch Printed Percale Thing for bova’ blou jaquard stripes. Should Wonderfully pretty colorings, exquisite Oriental pat- 9 3 I ° 0 25¢ 36-inch Printed Cretonne $1.25Colored Bolster Throws $3.00 WOMEN’S GENUINE “SERPENTINE” remarkably $2.50 Costume Sll'ps Women’s Rubber Reducing Soft Cotton Charmeuse Slips $1.84 Brassieres $] .00 with fancy ruffled pleated bottoms. Sizes 36 to 44. All wanted shades, also black and white. $1.00 Boys’ Khaki Pants Heavy quality Khaki Pants, 5 3 100 Doz. Women’s $1.25 Silk and Glos Hose Sizes 7 to 17 years. . Subject to a slight shading. Sheer and closely woven Hose that will give unusual service. Seamed back and fashioned ankles. High spliced heels. Colors, black, white, nude, fawn, airedale, gray and peach. Compare Higher P uy ours. th All-Wool Bathing Suits The odds and ends of a large manufacturer’s one - piece and fancy novelty éffects. All want- 89:| Girls’ Dresses Reduced $4.00 & $3.00 Big Girls’ WHITE | DRESSES$ Crisp, or- gandie Dresses in Straight _line and panel effec Fib- hon and embroidery trimmed with drawn work. plaio or sealloped bot- toms. " Sizes & to 14 sears. 19 59_: Women’s Muslin and Crepe SLIP-INS AND w sheer Orchid, peach. honey. flesh, maize and blu Women’s Extra Size . NIGHTGOWNS ble Little Girls® PANT DRESSES Chambray and smail check dainty dresses for little years. Applique and embroidery fronts. band or eiastic knees.. All eolars. Crepe Gowns. .~ Full extra size and length. Blue Bird und: Butterfly patterns, alxo solid colors. T = $1.25 COSTUME SLIPS White, black, and all colors; good quality satine and muslin slips, for tofs 2 to 6