Evening Star Newspaper, November 13, 1927, Page 18

5 FUROPE SUSPETS. NS OF ANEREY Distrust Aroused:in Negotia- tions Over Payment of Debts. BY GERVILLE REACHE. By Radio to The Star. 1 PARIS, November 12.—French pub- lc opinion memorandum of S. Patker .Gllbert; agent general of reparations, criti- clzing Germany for' overborrowing,. but one section of opinion, fearing an Ameriman hegemony of Europe, ex- claimed after reflection: “That's what we may eéxpect oié day! In a few years it will be our turn, when France has become aun American colony like Germany and anger, however, js not very alarming. France, on the coutrary, in the last year has continually shown her independenge, first regard- ing war debts and customs farifs, and also in the recent Morgan 8 per cent loan conversion rperation. Poth were carried out with the greatest courtesy on both sides. o sl | Question of Loans. But it should be known in the United States that the majority:of the French people would much prefer a kind of Americanization of Lurope to a return to such terrible wars as the last ome. o el and fe The idea of a federalized Eutope like the United Stat>s, the creation of one single European inarket snd a central issue bank with, a European. gold currency, cften has been re- garded as chimerical: Yet every day there is progress Jn ihis And America, -especially, power of hasterilng this work. . Mr. Gilbert's controversy with Ger- many and the American bankers' con- vention at Houston opened the whole ‘world’s eyes on the question of Ameri- can loans to Europe. The situation regarding the Euro- $ean debt to America is about as:fol- { = Yows: There are 13 war debtors, not in- cluding Germany and Russin.. These 13 have undertaken together to pay $11,- 500,000,000, .including @ocrued - fnter M est. or if preferable, 62 annuities amounting to more than '$22,600,000- 00. S oaraPaty Commerial debts, presenting American thvestments in glmpe since | the war and up to ‘August, 1927 amonnt to $3,157,000,000, according to figures compiled by the Department of Commerce and the ral Reserve. bulletin. This money is invested—and this is extremely curious—almost sole- 1y in bonds. The Toponhn of bonds 10 stock shares is 10 to 1, and in the latter- are included. many shares of preferred stock with limited profit. How Debts Are Paid. Obyiously Europe {8 paying the in- terests . on . her with money loaned by America. . 5 Would nat such considerabls credita —which are increasing—justify a spe- clal organization for re-covering debt: and an American organ of centraliza tion in Europe? - { Regarding new loans, not only to Germany, but to all pf Europe, would it not be to the American bankers' in- terest, instead of competing with each other, to form a single syndicate of issue, established on our continent, to study the réal productive purpose of each business and its economlc im- of Europeati reconstruction and’ organization, as _for instance, the.} Dawes plan? 2 - Could..not. the, permitiing the #uperintend and facl nt of war debts, be the embryo of | i It\umre Eun::u:‘ issue esr(ltor? - Naturally, the directors o an || @stablishment would need oo rable f3ct and a thorough knowledge of Euyrope. They ought not to aim at aay kind of hmmo;wn financial, or want to prevent nationl ‘from settling its own need for credit, but ; Hif en this condition, would it not be possible to succeed in making the dif- ferent national interests’ of .Europe | |i one common interes! " This week at Geneva soms progress was made toward free trade. Eight. states. Unfortunately the Upnited ||| States—doubtiess frigiftened Ddy. the gblmxu clauses—was not among the st signatories. :But ‘she has uatil fext February 1, 'and Do to change her mind. "In sny case, the «fforts tend to reduce to the lowest o, sible figure the number of reserva- | i ns made in customs prohibitions. * Lamint’s View. b ’.‘These ideas, while scanty at pres- &nt, are not new. -Melvin Al Tayior, ratiring president of the American Bankers' Association, considered them recently at Houston, and even before— | i May—they were expounded by iomas W. Lamont at the Interna- tional Chamber of Commerce in the following form: "It is not inconceivable that Europe May some day become a great region ot free trade, as the United States is within its own borders. Such a de- welopment may take a long time in coming. On the other hand, it may ove much more swiftly than we gine. If it does, we shall be able ithin a short span of years to wit- '#s a Europe restored, industrious, able, peaceful, stronger in every y than ever before. well for the American business man 0. look forward and prepare himself :do business with a Burope of this (Coprrieht. 1027.) GOWGIRL ACQUITTED With Demonstration. B the Associnted Press. ZLAKEVIEW, Oreg., November 13.— ena Trickey, rodeo’ cowgirl, was nd not guilty today by a jury ich tried her on a charge of kiiltng P. (8miling Slim) Harrls, rodeo star. Trickey, who sald she was the mon law wife of Harris, pleaded f-defense, saylng she stabbed him | il en he attacked her. The jury was out 20 ‘minutes. A d demonstration followed announce- nt of the verdict. - Fager for the outcome,.a crowd of ®wild west” types, with sombreros, Bandanas, chaps and spurs was in the .. Both M Rormed with a rode foured the Far West. b4 articlpat 1 an unidentified man had stabbed Harris. Later Miss Trickey comfessed she killed him with a knife wifen he k ris because she was jealous of him and he had threatened to leave her. Mtiss Trickey testified in her own de- | Hi fanse that she was forced to kill the imin she loved ‘to save herseif.- ’Fex«gi-,* ‘mony indicated she and Harris often “Bad guarreled. i sy X largely . approved , m,ll " LUl I It would be | i} 'i‘HE SfiN’DAY STAR, WASHINGTON, D. €, NOVEMBER 13, 1927—PART 1. Socialist Mayor of Pehns&lvania Cits; Says Administration Will Make Good By'the Associated Press. READING, Pa., November 12.—The Labor Advocate, the Socialist weekly, today published a signed article by Stump, elected st. ticket, in which.he says: ‘e will make good. We realize that the task to which tie people of this city have set us is not an easy one. We have been placed in charge of local affulrs after the administrations which preceded us succeeded in accumulating a city and school debt of $10,000,000. % "We are faced with the task of adjusting an assessment which has mayor on |pelled” to-complete. unpopular pla aroused more resentment among the rank ‘and file of our fellow citizens than any other. public t in the history of our city. We will be co and programs which have been started by our predecessors. We will be called upon to take action for the conyenlence and health of the people. “We were elated by our magnifi- < cant victory. We are sobered by the responsibilties which confront us. But we will make good because we will give our full time and all our energy and intelligence to the one task of giving service to-the plain All merchandise sold by us is .Y ; Sealy Mattresses, De Luxe Springs, Luxart Living Room Suites, Foster Beds, people who assigned us to the im- portant offices we soon will fill. “We are the servants of the people of Reading, not their masters. For that reason we appeal to every man and waman within the confines of our city for thelr unstinted co-operation and support.” e RUMANIA BANS MEETING. 2ST. Rimania, November The government has refused sion to the National Peasants’ to hold its congress at Alba . November 20. ess would be permitted if held in any other city but Alba Julia, a government spokesman said, and the discussions restricted to subjects hav- ing .no connection with the dynastic situation. LONG LIST OF STORMS RECALLED BY FLOOD Atlantic Coast and Interior Have Experienced Many Gales and Water Disasters. The present flood in the New Eng- land States recalls a long list of gales and floods from which our Atlantic Coast and interior have suffsred fromn the early settlement of the country. A violent flood took place soon after the first settlement at Plymouth in August, 1635, of which the Memorial- ist speaks of the “Indians climbing trees for their safety.” There were tremendous gales and floods in 1723, 1804, 1815, 1821, 1841, 1851, 1859, 1860 and 1869. The memorable flood of Septembe: 1816, which devastated the New En land coast and interior States, r mained for years without a parallel in {ts extracrdinary characteristics of various phenomena, violence in de- structiveness, ;ieverity and power. The historical records of Prof. John Farrar of Harvard University, who made observations of the character and course of this wonderful storm sald “that it moved northward at the rate of about 12 miles an hour,” thence to Boston nearly on the same meridian, it was a curve convex to the west. No part of the New England coast seems to have escaped its fury, Sg1ving flftractive Jurniture at Jpe Nationally-Known Furniture, Rugs "and General Home Furnishings—at Lowest Prices and Most Liberal Credit Furniture and numerous other well known lines. Every article we warranted. .- Remember, “ONCE A CUSTOMER—ALWAYS A CUSTOMER.” most-assuredly, nothing fairer in price may be obtained anywhere. 20 Yary e > el e o TR The Choice of the Shrewd ,Bus;er Three-piece LIVING ROOM SUITE, covered all over in Genuine Silk Mohair. Full web construction, carved frame-and reversible spring-filled cushions. ‘Exceptionally low. priced. at..+ . " "$10 Cash-—Balance cheerfully arranged >4 s aise beautiful s24 Other Living Room Suhites,§125 to $575 Genuine 11-piece Walnut Veneer Bedroom Suite, Bow- end Bed, full size Vanity, Dresser, Chest .of Drawers or Chifforobe, Chair, Bench, Rocker, 20-year guaranteed Coil Spring, All-]a{zr Felt Mattress weighing 50 pounds and two pillows. . he 11 pieces Just Ar. Terms cheerfully arranged $10 Cash—Balance cheerfully arranged Other Bedroom Suites, $95 to $500 rived—S500 Room Size " Including all sizes makes such as Alexander Smith & Sons, W. & J. Sloane, Stephen San- Meadowbrook other “Nationally Known' makes. We are featuring this week: $29.75 ford & Sons, 9512 All Wool Alex. Smith & Sons: Asxminster Rugs 8.3x10.6 AUl Wool Alex. Smith & Sons Axminster Rugs. 9x12.W. & J. Sloane’s Wiltow Rugs. . 3.3x10.6 W. & J. Sloane’s Wiltow Rugs Scatter Rugs 27x48-inch Sizes—oval design 27x54-inch Sizes—Axminster....... 36x63-inch Sizes—Axminster. . . Other Sizes Proportionately Priced The same liberal credit termns appl:v to residents-of Maryland and Virginia. Free delivery to these points, Remem- ber, “A store for everybody.” A small deposit will hold your selection for later delivery IN BUILDING S and standard and $24.50 $69.00 - Displayed on Our Sixth Floor 4-Room De LIVING ROOM . DINING ROOM BEDROOM KITCHEN The famous “Sealy” Mattress, tufted style, S0 lbs., all layer felt. A three-day sale—always lower in price here. $14 $2 Cash—Balance Cheerfully Arrenged. “Sealy” Star Mattress .. “Sealy” Gi window, hear about it over the radio. The best that money can buy......iiien.n 88 Cash—Balance Cheerfully Arranged. A Well Known and “Nationally Advertised” Kitchen Cabinet .. $32.50° Pillow, see it in pur $50 public, though in Vermont and western parts of New Hampshire its severity was much less. It is noted that there is a record of one of those great tropical storms hat devastated the South Atlantic a few years after Columbus discovered America in 1492, 435 years ago, thus they are as old as the land and water they sweep over in their destructive course from tropical lairs. s ALGOMA STEEL. NEW YORK, November 12 (#).— Rail mills of Algoma Steel Corpora- tion will resume operations next Mon- day. Orders on hand amount to 100, 000 tons of rail for Canadian rallroads, with further business in prospect. “NATIONALLY KNOWN?” for its high quality, ihnuring satisfaction and service to the purchaser. Rockford and Grand Rapids Bedroom and Dining Room sell is unrestricted in its guarantee to be as represented. Your money cheerfully refunded if the merchandise is not as Nothing finer in design—nothing fuller in quality and Three-piece Bed-davenport suite, covered all over in Genuine Mo- hair, reversible spring-filled cushions. Of course, a standard SUGAR ENVOYS CONFER. Four Nations Represented ‘at Ses- sions in. Parls. mber 12 (@).—Repre- sentatives of Germany, Poland, Czecho- slovakia and Cuba sugar producing in- terests are meeting in Paris under the presidency of Col. J. M. Tarafa, chair- man of the Cuban onal Commis. sion for the Defense of Sugar, to study the re-establishment of the balance of sugar production and consumpton and the stabilization of At the end of today’s ses a coms munique was issued to the effect that although it was too early for a def- inite statement there was a general impression, that an agreement would soon be reached. The conference will meet again tomorrow PARIS, “Once a Customer Always a Customer” ”.'V‘VVe believe that: you will agree with us—after inspecting this suite—that it is positively the greatestvalue ever presented to the '165 make, With-or without the exposed tail.cciveoieieiiveccecieesiocaenneit $10 Cash—Balance Cheerfully arranged May be had in white, gray or oak. Your inspection invited. $28.50 $2.00 Cash—Balance Cheerfully Arranged The Final Week of This Offering Luxe Outfit} ‘495 Completely Furnished—Including Rugs, Pictures, Lamps, Etc. A distinguished 10-piece Dining Room Suite, consisting of Extension Table, Server, China Cabinet, Buffet, Host A Suite of Beauty and of Gen- The entire ten pieces . $10 Cash—$10 a Month Other Dining Room Suites, $125 to $550 Walnut-Finish Metal Beds Made by the makers of the Chair and' five side Chairs. uine American Walnut Veneer. 225 Nine Immense Floors Filled With De Luxe Springs, complete with a guaranteed spring mattress. k If you are contemplating furnishing your home, inspect the super-value and the opportunity to pay in small weekly or monthly payments. ' see AMERICAN piper AMERICAN FURNITURE: (0. 512 NINTH STREET, NW. TER-OCEAN “WASHINGTON’S LARGEST BETWEEN E ANDF STS. FURNITURE STORE” and a 50-1b. all-layer felt The entire outfit complete Quality Furnishings for the Home kit ‘/,’,‘,',',',";/,:////7 it i il /1) Balance cheerfully arranged If you want a single piece or a complete outfit—pay us a visit. Nine immense floors filled with furniture, rugs, re- frigerators and general homefurnish- ings at prices you can afford to pay A small deposit will hold your selection for later delivery