New Britain Herald Newspaper, December 2, 1918, Page 11

NEW BRITAIN DAILY INKEE DIVISIONS ILE INTO GERMANY Continued from First Page) pleasure of al. er crowds were encountered in es, the largest place occupied, in the day, but even there most fhe people kept moving, maintain- always a studied air of indi So far as possible the men in ki were ignorved. Occasionally the gsters under six years of age, & ed away by the excitement displayed enthusiasm over the hing troops, but their forgetful- was ecorected promptly by some I persen facrican Headquarters At Treves Fig. Gen. Preston Brown, the mil- governor for occupied territory established his headquarters at es, which alse has been made nced general headquarters. n. Pershing will spend part of ime at Treves. Civil affairs will irected by Major Gen. Harry h. he troops marched into the city bands playing, but even the mu- d presence of dozens of high ng American officers failed to either or disap- a he population from iis attitude of! silence. rman Soldiers Sce Procession. curious feature of the situation lthe presence along the line of h of large numbers of dis- d German soldiers, both officers en, still in full uniform. Along ds and in Treves these men in and out of the groups of 2 khaki or stood on the side- s watching the marching col- . At several places in the city in the country districts Ger- s, armed with rifles, were seen g as civilian guards. They had placed there by the German au- jes to maintain ‘order, number of released Allied sol- appeared within the American as it advanced. Some of them heen set free by the retreating hans while others had been per- bd ‘‘to escape.” to Disturb Civil Authority. e Allied commissions which have in eommunication with the Ger- have notified the local authori- f Treves and other places that e the civilian authorities are not Bl lesome and where they co-oper- bvith the forces of occupation, will be permitted to remain at posts and will not be disturbed bt in so far as it is necessary for arrying out of military meas- ON SAYS IT IS DUTY T ATTEND Continued from Fire g jh was sunk near the Orkney is- need not tell you what lay back ls great movement of men and fal. It is not invidious to say back of it lay a supporting or- ation of the industries of theo ry and of all its productive, ac- s more complete, more thoraugh ethod and effective in results, spirited and unanimous in pur- and effort than any other great erent had ever been able to ef- We profited greatly by the lence of the nations which had y been engaged for nearly three in the exigent and exacting bus- their every resource and every tive proficiency taxed to the ut- We were the pupils. But we ¢d quickly and acted witn ptness and a, readiness of co- tion that justify our great prlde we were able to serve the world unparalleled energy and quick plishment. raise for Amecrican Fighters. ut it is not the physical scale pxecutive efficiency of prepara- supply, equipment and dispatch il would dwell upon, but the met- d quality of the officers and men pnt over and of the sailors who the seas, and the spirit of the that stood behind them. No rs or sailors ever proved them- more quickly ready for the test ttle or equipped themselves with splendid courage and achieve- when put to the test, Those who played some part in direct- fhe great processes by which the as pushed irresistibly forward to nal triumph may now forget all and delight our thoughts with ory of what our men did. Their understood tha grim and e: k task they had undertaken and rmed with audacity, efficlency nhesitating courage that touched tory of convoy and battle with rishable distinction at every turn, Jher the enterprise were great or j-—from their chiefs, Pershing and down to the youngest ljeuten- and their men were worthy of uch men as hardly need to be anded, and go o their terrible hture bithely and with the quick gence of those who know fust it is they would accomplish. rrow For Those At Home, lam proud to be the fellow coun- bn of men of such stuff and va- These of us who stayed - at did our duty; the war could ave heen won or the gallant vho fought it given their oppor- to win it otherwise; but for long day we shall think our- ‘accurs’d we were not there, and our manhoods cheap while any s that fought,’” with these at St 1 or Tkier The memory of days of triumphant battle will th theso fortunate men to their s; and ecach will have his fa- memory. ‘Old men rorget; yet all be forgot, but he'll remember ladvantages what feats he ' did ay.’ hat we all thank God st gratitude is that Fuage ) for men | fer- with | { though JUST SOUND COMMON SENSE There 1s no secret in the process of saving money — it is Just sound, commoa sense. Prudence directs the way to independence—- it points to regular de- posits with the Comi- mercial Trust Com- pany. Have you started an account with us? If not, come in mnow and open one 4 Paid counts. cent. Interest vings Ac- per on force into the line of battle just at the critical moment when the whole fate of the world seemed to hang in the balance and threw their fresh strength into the ranks of free- dom in time to turn the whole tide and sweep off the fateful struggle— turn it once for all, so that thence- forth it was back, back, back for their enemies, always back, never again forward. After that it was only a scant four months before the commanders of tho Central Empires krew them- selves bgaten: and now their very empires are in liguidation. “And throughout it all, how fine the spirit of the nation was, what unity of purpose, what untiring zeal. What elevation of purpose ran through all its splendid display of strength, its untiring accomplishment. I havo said that those of us who stayed at home to do the work of or- ganization and supply willf always wish that he had been with ‘the men whom we gustained by our labor; but we can never be ashamed. It has been an inspiring thing to be here in the midst of fine men who had turned aside from every private interest of their own and devoted the whole of their trained capacity to the tasks that supplicd the sinews of the whole great undertaking. The patriotism, the unselfishness, the thoroughgoing devotion and dis- tinguished capacity that marked their toilsome labors day after day, month after month, have made them fit mates and comrades of the men in the trenches and on the sea. And not the men here in Washington only. They have but directed the vast achieve- ment, Throughout innumerable fac- tories, upon innumerable farms, in the depths of coal mines and iron mines and copper mines, wherever the atuffs of industry were/to be obtained and prepared, in the shipyards. on the railways, at the docks, on the sea, in every labor that was neceded to sus- tain the battle lines, with each other to do their part and do it well. They can look any man- at-arms in the face and say: ‘We also strove to win and save the best that was in us to make our fleets and ur- mies sure of their triumph.’ And what shall we say of the wo- tmen—of their instant intelligence, guickening every task that they touch- ed; their capacity for organization and co-operation, which gave their action discipline and enhanced the effec- tiveness of everything they attempted; their aptitude at tasks which they had never before set their hands; their utter self-sacrifice alike in what they did and in what they gave’ Their contribution to the great result is beyvond apprisal. They have add- ed a new lustre to the annals of Amer- ican womanhood The least tributc we can pay them ix"to make them the equals of men in political rights as they have proved themselves their equals in every field of practical work they have entered, whether for themselves of for their country These great days of com- pleted achievements would be sadly marred were we to omit that act of jujstice. Besides the immense practical gervices they have rendered, the wo- men of the country have been the moving spirits in the systematic econ- omies by which our people have vol- untarily assisted to supply the suffer- ing peoples of the world and the ar- mies upon every front with food and everything else that we had that might serve the common cause. The details of such a story can never be fully written, hut w carry them at our hearts and thank God that we can say we are the kinsmen of such And now we are sure of the great teiumph for which every sacrifice was made. It has come, come in its com- pleteness and with the pride and In- spiration of these days of achlevement quick within us we turn to the tasks of peace again peace secluire against the violence of irresponsible monarchs and ambitious mitsey terics, and made ready for a n der, for new oundations of dealing. We are aboul to organization to this fer curselves but for ples of the world as they will suffer us to is international justice that we seek, domestic safety merely Our have dwelt of late upon Fu- vope, upon Asia, upon the Near and tne Far Bast, very littie upon the acts of peace and accommodation that wait to be performed at our own doors. While we arve adjusting our relations with the rest of the world is i* not of capital importance that we shonuld clear all grounds of misunde went in -a co- w or- Justice and fair and oniy give ordov peace, not the other peo- well, so far as serve them. Tt not away men have vied | l standing with our immediato bors? With our immediate neighbors and give proof of the friendship we really feel? I hope that tha mem- bers of the senate will perrit me to speal: once more of the unratified treaty of friendship and adjusiment with the republic of Colombin. T very earnestly urge upon them early and favorable action upon t vital mater. I believe that they feel, with me, that the stage of 18 now set for such action only just but generous spirit of the now age upon Luave so happily entered. So far as our domestic affairs concerned, the problem of our return to peace is a problem of economic and industrial readjustment Thadt. problem is lexs serious for us than it may turn out to be for the nations which have suffered the disarrange- ments and the losses of the war longer than we. Our people, moreover, do not wait to be coached and led. They know their own business, are quick and resourceful at every readjustment, definite in purpose and self-reliant in action. Any leading strings we might seek to put them in would speedily hecome hopelessly tangled because they would pay no attention to them and go their own way. All that we can did as theip legislative and execu- tive servants is to mediate the process of change here, there, and elsewhere as we ma 1 have heard such coun- sel as to the plans that should be formed and personally conducted to a happy consummation, but from no quarter have I seen v general scheme of ‘‘reconstruction” emerge which T thought it likely force our spirited husiness men self-reliant laborers to accept due plianey and obedience. While the war lasted we set up many agencies by which to direct the industries of the countries in {he services it was necessary for them to render, by which to make sure of an abundant supply of the materials needed, by which to check undertak- ings that could for the time be dis- pensed with and stimulate those that were most serviceable in. war, by which to gain for the purchasing do- partments of the government tain control ovr the prices of tial articles and materials, by to restrain trade with alien enemies, make the most of the available ship- ping and systematic financial trans- actions, both public and private that there would he no unnecessary conflict or confusion—by which in short, to put every material energy of the country in harness to draw the an will Eirs e not and in the which we as will are we and with a cer- essen- which S0 could | i HERALD, MONDAY, DECEMBER 2, 1018 MONEY Deposited in | Our AVINGS | Department on or before December 3 Wiil Bear Interest from Dec. 1st at | common load and make of us one team | § in the accomplishment of a great task But the moment . we knew the armistice to have héen signed, we took the harness off. Raw materials upon which the government had kept hand for fear there\ should not enough for the industries that sup- plied the armies have been released and put into the general market again. Great industrial whole output and machinery had heen taken over for the uses of the gov- ernment have been set free to return to the uses to which they were put be- fore the war. It has not been pos- sible to remove so readily ar =0 quick- Iy the control of foodstuffs and of shipping, because the world has stiil to be fed from our graneries and the ships are still needed to send supplies to our men overseas and to bring the men back as fast as the disturbed conditions on the other side of the water permit; but everywhere re- straints are being relaxed as much as possible and more and more as the weeks go by Never before have agencies in this country which knew s0 much of the field of supply, of labor, and of industry as the war in- dustries board, the war trade hoard, the labor department, the food ad- ministration and the fuel administra- tion have known since the labors became thoroughly systematized; and they have not been isolated agencies they have been directed by men which represented the permanent depart- ments of the government and sothave been the centers of unified operative action. Tt has policy of the executive, since the armistice was (which is in effect a complete mission of the enemy), to put the knowledge of these hodies at the disposal of the business men of the country and to offer their intelligent mediation at every point and’in every matter where it was desired. It is surprising how fast the process of return to a peace footing has moved in the three weeks since the fighting ftopped. It promises to outrun Inquiry that may be instituted and any aid that may be oftered. Tt will not be easy to direct it any better than it will direct jtself. The Ameri- can business man of auick initia- tive. “The ordinary and noarmal pro- vesses of private initiative will not, however, provide immediate cmploy- ment for all of the men of our re- turning armies. Those who are of trained capacity, those who ave skill- ed workmen, thase who have acquired famillarity with established busi- nesses, those who are ready and will- ing to go to the farms, al] those whose aptitudes are knowa or will bhe sought out by emplovers, will find no difficulty, it is safe fo say, In finding place and employment. But there wil] be athers who will be at a loss where to galn a llvelthood unless pains are taken to gulde them and put them in the way of work. There will be a large floating residuum labor which should net be left to shift for itself. It scems important, therefore. that the devel- opment of public works of every sort should he prompily resumed, in order that opportunities should be created for nunskllled labor in par- ticular and that plans should be made for such developments of onr unused lands and our antural re- sources as we have hitherto lacked stimulation to undertake. there been and co- been the therefore, assured sub- any of whaolly to me At press president’s message, which is given ai the this account, had not from Washiagton. full time the text of resume beginning been the of of received Ex-Pres. Taft, Fo —advt s theater, Dec. 16, plants whose | its | be | o~ Financial N MARKET AWAITING WILSON'S ADDRESS Traders Hesitate to Assume New Commitments Until He Does Wall Street, 10:30 a. m.—Heaviness of specialties created some unsettle- ment in the general list in the first half hour of today's market. Specu- lative issues. such as Lackawanna Steel, Roval Dutch Oil and Beet Sugar lost 1 1-2 to 2 paints. Ship- pings were moderately firm with Studebaker, U. Rubber, American Wool and American Sugar, but U. S Steel and high grade rails show no pronounced trend, aside from Cana- dian Pacific’s decline of two polnts. Wall Street, Noon—The market settled down ta a condition of extreme dulness in the fivst hour, traders hesi- tating to assiine new commitments uatil after the publication of the President’s address to congress. Ship- pings, motors and a few of the prom- inent specialties reacted, while steels, cappers and oils made irregular re- cove Just before midday trading quickened, rafls taking the lead on another brisk demand for Southern Pacific and Reading. Fourth Liberty 4 1-4's registered another low record at 96.70. New York Stock Exchange cuota- tions furnished by Richter & Co. members of the New York Stock Ex- enange. I3 Dec High 5114 1918 Low 4 101 8214 4034 42y 60 $1% 1 L 5 1013% 64% a3 71 43 383 2% 20 Am Beet Sugar Alaska Gald 114 Am Agri Chem ..1021§ Am Car & Fdy Co 834 Am Tce 411 NantCan o LB SmiLocos iU AmBmealt e 823 Am Sugar LT, Am Tel & Tel .... Anaconda Cop A T § Fe Ry Baldwin Loco BIEEONY BRT : Beth Steel B Putte Superior Can Pac ... Cen Leather Ches & Ohio .... Chine (Copl'. - =000 Chi M1l & St Paul Cruciple Steel Distlllers Sec Erie Frie 1st Gen Eler Goodrich Rub Great Nor pfd Nor Ore Cet Inspiration .... pid | Interhorough [ Henry Clews’ Weekly Letter (Special to Herald.) New York, Dec. 2.—Peace proh- lems are already asserting themselves with increasing force. Iusiness men are anxious to be freed from war restrictions as early as possible, hav- ing due regard to the avoidaiace ot unnecessary disturbance. They want superflious regulations removed or ! modified and at least gradually elim- inated. They want to be rid of price- fixing schemes. They want reasonable consideration from the government in the transfer of industry from public ta civilian work. They desire to avoid harsh canceilations, and above | all they wish the government to avold injury to credit in the process of de- mobilization. In short they earaest- ly look forward for a return to the normal. and a restoration of business freedom soon as - consistent with safety and public welfare, The government praiseworthy effort to meet such ideas. Tt is alsa under the pressurc of public opinion to reduce expense as far as practicable in order ta minimize burdensome war taxes. Not less than $1,500,000,000 of war coatracts have been cancélled without thus far giving any serious difficulties, many business concerns having discounted such contingencies. A gradual and steady reduction of war work is already in process of ac- complishment, and our steel, textile, leather, oil, rubber and other indus- tries will find ample work to take the place of cancelled war orde War products will naturally disap- pear, and the whole tendency of in- dustry is to go back to more normal conditions. This means ultimately lower prices for raw materials and all finished products. The declines will | come slowly, more slowly perhaps than desired in some cases: but th drift is unmistakable, and deflation must he expected wherever inflation has existed. The most difficult prob- Jem ia the outlonk is labor, which has already announced that it will not submit to any reduction of wages, pronouncement that is not surprising in view of the high cost of living. The latter caa only be reduced by decreas- ing the of production; and, if that cannot be accomplished by .wago adjustments, the only alternative | must be greater and more efficlent production on the part of labor itself. n very considerable oxteat labor 1s responsible for the high prices | which 1t dislikes. Another cause Ix the profiteering Indulged in by both capital and labor, a8 woll as by pro- ducers and distributors of all kinds. Many of these problems will, how- ever solve themselves in time, pro- vided there is maintained a spirlt of fair dealing and patience upon all sides, A considerable numbar of men and women hava been discharged as is making a cost To 4 from munition plants, aaxd these aro i va | Westinghouse Interboro pfd insas City so Kennecott Cop Lack steel ... Lehigh Val Max Mot com Mex Petrol Natl Lead NYC& NYNH& Nor Pac Norf & Wes Penn R R Peoples Gas Ray Cons Reading Rep 1 & So Pac So Ry So Ry it Hud HRR com pfd | Studebaker Third Ave Tnion Pac United Fruit Ttah Cop U S Rub ( U § Steel ... U S Steel pfd S Car Chem o Western Union Willys Overland usually finding new employment with little difficulty As a result of the worldwide up- heaval there is w spirit of great unr everywhere: this country in spite its isolation and confinued prosperity having its full share. One of the most disquietinz symptoms is the so- clalistic drift, which manifests jtself unpleasantly by the agitation to take over public utilities by the govern- ment. The railroads have now been under government control for nearly 12 months. The telegraph and tele- phone lines were taken over last July and now the cables and wireless have come under the government aegis. This week another rumored departure orted, that the zov- e over the 85 ves- sels of the International Mercantilo Marine company at a cost of about $90,000,000. This will make the gov- ernment owned tonnage of the United States approximately 4,500,090 ton a very respectable start in estahlishing a merchant marine, thongh on lines nndreamed of hefore the war, would he simply placing our government in to business experiments, for which it js entirely unfitted, and which if not checked will completely throttle that spirit of individual enterprise which proved the basls of our national growth. As soon as the Amerlcan people tully realiza the consequences of this socialistie tendency they will administer the necessary rebuke. The most satisfactory development the week In financial u partial ralaxation of artificial strictions in the money market. While was made, as ref ernment would of re- government requirements in financing | the war to the end must of necessity recelve first attentlon, there is no doubt too little consideration had been pald to ordinary credit requirements. Compromise between widely diverging views on the subject was inevitable, RICHTER & CO. MEIMBERS 21 WEST MAIY STREET NEW YORK STOCOK EXCHANGE .'NEW BEBITAIN, CONN. TEL. 2040 AMERICAN HARDWARE LANDERS., FRARY & CLARK NORTH & JUDD NILES, BEMENT, POND STANLEY WORKS BOUGHT AND SOLD circles was | Vi AR GOODWIN BEACH & CO. FRoom 410 National Bank Bullding. E. F. McCENROLE, Manager. ‘elephone %120, LANDERS, FRARY & CLARK Bought and Sold FRISBIE & CO. 272 MAIN STREET . W. PORTER. Mgr. Waterbury Gas Light Co RIGHTS Bought atd Sold draw the line between artificial regu- 1 Jation and a free money market, there was no doubt as to the advisa- bility of moderating Tecent restraints, if only to permit a gradual return to normal conditions. As a result time money was in better supply than for several months; much to the relief of both the business and the finan- cizl communities. It did not, as some feared, lead to a sudden outburst of wild speculation On the contrary recorded sharp fall ‘of sev- points, but it did permit more natural activity and created an un- dertone of confidence in the monetary situation that did not before exist. Prices responded with more freedom to general conditions which at best are very unsettled, and there is ren- son to anticipate irregular and more active movements in security marke at least until preparation for the ne war loan in the latter part of April, or nearly six months hence. During the interval there will be offerings of Treasury ceriificates every two weeks on a plan more in accordance with good finance and one that will tend to materially prevent any sud- den strain. Demobilization continues to be important factor in stock mar values, the war industrials being most conspicuons in this respect. Dividend and interest disbursements of the leading corporations in December arc figured at about $176,000,000, or ten millions less th a vear ago. Prac tically all of this decrcase was among the industrials, diyidend buy- ing abilities ar considerably im paired by heavy taxes and increased penses. The railroads are working under more settled conditions, the advance in rates is turning de- ficits into surplus, but the outcome of Government operation is still beir watched with keen interest, 1y in view of the rising discussi upon Government ownership, w promises to be an active issue forthcoming political campaigns. More attention must now be given to foreign trade, since ending the war will promote a big expansion on the part of the United States and Great Britain. For some time to come Germany will be a minor factor. at least until she has a surplus to expori. but Great Britain is already putting plans into execution made months ago and the, United States also is making ready. In the coming week the lars- est and most important foreign trade convention in our history at Atlantic City to discuss the prob- lems of foreign trade. Ia all ablifty it will lead to the information of steps that will mark a new era in such relations. In truth events are marching with tremendous rapidity; let us hope into a fresh period of peace, prosperity and justice. HENRY CLEWS. a an n whose WANT NEW EXCHANGE RATE Mexico City, Nov Betterment of the exchange rate on United States and Mexican gold is one of the most significant developments in this public of the recent allied successes in the world war and the peace overtures of the Central Powers. At one time exchange stood at nearly 60, which manent that holders of American money who changed it into Mexican coin lost 20 cents American on each dollar, Since the Teutonic powers' cry of “kamarad,” however, exchange has dropped to 52, which means that only 4 cents Amerjcan is sacrificed on each dollar in the proocess of exchange. 29 re- BEx-Pres. Taft, Fox's theater, Deo. 16, While it may have been difficult to j~— advt I and | especial- | will be held | | prob- | i Polish President Iganace resident of Jand was for of the Austrian cow, and ia tirelessly for Polish political freedom. He is an all-around tesmar possessing great natural ability reveloped by lon parliamentary experience. He is on of the most able lawvers in Europe Daszynship the new 1 mar 1 ent the provisional public of Pc a memn jamont from Cra- vears he worked advancement SANCTIONS RED I'LAG. Hindenburg Says Army Will Not With Von Interfere Councils. Dec Hindenburg Amsterdam, shal von has proclamation, according to logne Volks: Zeitung with the soldiers and councils will at the government abstain conflicts bo same avolded time tha instru intc men's requested central counclis to trom with the arnmy commanders No offense will ho taken to i play of the red flag, “if it is'd in n worthy mannor,” says tho marshal, and the same attituce be expected from the soldlers workmen's councils toward t blems. he plave fiol must and 00p em- Ex-Pres. Taft, Fox's theater, Dec. 16 P ] TOO LATE FOR CLASSIFICATIO! oonfinement Phone 580, 12-2-8dx WANTED—Nursing in cane Whiting St., WANTED—A delivery clork to run Vim truck. Doheriy Market, 12-2-t8