New Britain Herald Newspaper, January 1, 1923, Page 12

WORLD ECONOMIC SITUATION FOR 1923 (By SECRETARY OF COMMERCE HERBERT HOOVER) The of the world's economic situatios pects is based upen the speeial vestigation of the department's rep pesentatives 1n each foreign country In the large view the world has made distinet economic progress dur 1ag the past year and the conditions are very favorable to continued pre gress during 1923, There are In ex ception three or four states in Bur. epe which give continued anxiety Put these execeptions sheuld net ob seure the profound forces of progress elsewhere over the whele werld. In the main even in these areas of un- certainty the difficulties are to & large degree fiscal and politieal rather than commercial and industrial During the year the world general- Iy has gained in soelal stability: Bel. shevism has greatly diminished and even in Russia has been replaced by ®» mixture of soclalism and individua! 1am; at least active war has eeased for the first time since 1914; famine and distress have diminished 1o much less pumber this winter than at any time| since great war began; production has fncreased greatly during the past year; unemployment is less in world totals than at any time since th armistice; international commerce is fncreasing; the world is now pretty generally pun ng Its commodities by the norma! exchange of services and goods, a fact which In itsel? matrks an enormous step in recovery from the strained movements o eredit and gold which followed the war, following Summary and pros in al No Unemployment In our country unemployment oceased to be a problem and we are indeed upon an economic level of comparatively great comfort in every direction except for the lag of re- covery in some branches of agricul- ture. Even In this fleld there has been a distinct improvement in prices ! in the past twelve months and its troubles are mostly due to over pro-| duction in some lines. Our manu-| facturing industries are engaged well up to the available labor; industriall production has enormously increased over last year; real wages and sav- ings are at a high level, Our trans-, portation and housing show great| gains in construction, though we are| yet behind in these equipments. Both are exports and our imports are again increasing after the great depression and are today far above pre-war levels. Outside of Europe the whole world has shaken itself free from the great after-war slump. The economic wounds of Asla, Africa, Latin Ameri- ca, and Australia from the war were more the sympathetic reaction from slump in the combatant states than direct injury. Their production and commerce has recovered to levels PREDICTS A LONG LIFE FOR THE SUN Swedish Scientist Makes a Start- ling Statement Stockholm, Jan. 1.—*The sun can keep on shining at the present rate for another 86,000,000,000 years, and if human culture is to perish it will not be for lack of sunshine.” This start- ling and whimsical statement was made in the course of a recent lec- ture by Dr. Svante Arrhentus, the Swedish authority on astrophysics, in which he explained certain thearies and discoveries regarding solar condi- tions. “Suppose the sun were a mass of coal,” sald Dr. Arrhenius in order to fllustrate his problem. “Giving forth heat energy at the present rate, it would then have lasted only 4,000 years, or about half as long as the period of known human history. But since there were living things of some kind on earth at least 1,000,000,000 years ago, and since there has evi- dently been very little deterioration of the sun during that period of time, any theory of the expenditure of solar energy must provide for upwards of one hundred billlons years.” General Theory. Though it is difficult to interpret Dr. Arrhenius in popular language, it may be of interest to state his gen- eral theory. Heavenly bodies begin as cold nebulous masses of hydrogen, helilum and the so-called nebulium. Light then arises through radioactivi- ty. The hydrogen is condensed to form the other two elements, helium and nebulium, and from these develop a whole series of heavier elements, the most abundant of which is iron. After this stage has been passed, the radio- active eiements again resolve them- selves into unstable elements and pro- duce helium. This chemical process, going on in cycles, accounts for the Javish production of light and heat by the sun. has | above pre-war. The enforeed isola tien of areas in Latin Ameriea and Asia during the war has strength ened their economic fibre by In ereased variety of production and has vitally 19 thelr effective | contributed recorery In Furope England together with the old neutral nations are making steady progress in production and | diminishing unemployment. |trade and ecom improving their governmental finanees are grow: ing stronger; their cuprencies that are not already on a go'd basis are stead. {tly approaching par; and their ex- | ehanges are stable, The com- batant states on the econtinent are | slower in recovery Even these na- tions, including Russia, have shown progress all along the line in com- mercial, industrisl and agrieultural !n-:l. aithough the harvests suffered in some spots. Nome of these na- tions such as Italy, Nelgium, the Ral- tie Htates, Polund, Csecheslovakia and Hungary show increasing politl- cal and social stability and improve- ment in the governmental finances, In Germany and s minor states in eastern Burope governmental an. political difficulties threaten to overwhelm the commer- and industrial recuperation al- ready made, The continued maintenance of armies on a greater than pre-war basis in the old Allled states main- tains political uncertainty, lowers pro- ductivity, and retards the balancing of budgets with consequent cessation of direct or indirect inflation, Dis- armament and the constructive set- tlement of German reparations and the economic relations of states in southeastern Europe are the out- standing problems of Europe, and their adjustment to some degree will affect the progress of the rest of the world, The more general realization during the past year of the growing menace of these situations and the fundamentals that underlie their solu- tion Is in itself some step toward progress. Their solution would mark the end of the most acutely destruc- tive forces in the economic life of the world which still survive the war. Economic forecast can not amount to more than a review of tendencles and a hazard in the future. The odds are favorable for 1923; the world be- gins the year with greater economic strength than a year ago; production and trade are upon a larger and more substantial basls, with the single ex- ception of the sore spot in Central Europe. The healing force of busi- ness and commerce has gained sub- stantial ascendency over destructive political and social forces. There is ample reason why there should be continued progress during the next twelve months. e s — - [ In Burope, eree are elal announced that it will maintaln a monthly service from Hamburg to Australian ports in conjunction with the Nord deutsche Lloyd and Holt's Blue Funnel lines. In marine circles it is expected that German companies soon will re-enter the continental- Australian passenger trade. | VOICES IN THE AIR Monday, Jan. 1, 1923 KDEKA (Westinghouse, East Pittsburgh). 3:00 p. m.—Concert by C. Howard Van Zandt, tenor; D. Diebell, accom- panist; Kamiki Hawaiian Troupe of New Kensington, Pa. Wm. J. Murray, steel guitar, director; Alfred Tress, regular guitar; George Tress, ukulele; Normand Tress, tenor mandola. 6:30 p. m.—Play by play report of football game, Penn. State college vs. University of 8. California, at Pasa- dena, California. 8:30 p. m.—Concert by the Chami- nade Concert company. WIZ (Westinghouse, Newark). 7:00 p. m.—Stories from St. Nicho- las Magazine. 8:30 p. m.—Dance music by Club Sterling orchestra, members, Frank H. Cureau, piano; Arthur G. Ferris, violin; Edward J. Duggan, banjo; Wm. T. Graff, Jr., cornet, and Her- bert M. Foxwell, drums. 9:30 p. m.—Concert under direc- tion of Chas. D. Isaacson of New York Evening Mail. 10:01 p. m.—Program under direc- tion of Chas. D. Isaacson. WGY (General Electric Co., Schenectady.) 7:45 p. m.—Musical program and New Year's message (recorded on Hoxie Pallophotophone) by General John J. Pershing. The Veddas, now an almost extinct race of Ceylon, have none of them ever been known to laugh and they seem unable to tell a lie. What becomes of dead suns and stars? Dr. Arrhenius replied to this question that celestial bodies which ‘have burned out may tlame up again in case they happen to wander into nebulous reglons where condensation and production of heat again takes place. Thus he explained the dis- coveries of new stars which are fre- quently announced by astronomers. Dr. Arrhenius paid a tribute to the successful work of American astron- omers, remarking wistfully that, in addition to bright skies, they are alxo favored by ample funds for research and experiment. RESUME GERMAN TRADE Hanau is the First Steamer to Reach Sydney, Australia, Since the Begin- ning of the War. ¢ , N. 8, W., Jan. 1.—The first | @erman steamer to arrive in Australia the war—the German-Austral- Hanau—at Mn;‘y. ,.mmmpflon of Germany's mercantile marine efforts in Austral- -,ho vessel’s cargo consisted main- toys and pianos. line has For Sale six room Cottagé and two-car gar- Steam heat and Owner leaving town and age at Belvidere. fire place. will sell at sacrifice. COX & DUNN Realtors COLD WEATHER NEEDS We have a full line of new and wecond-hand stoves, oil heaters, gas heaters, etc. A. LIPMAN New and Secondhand Furniture. 24 Lafayette St. Tel. 1329-2 ————— THE HERALD The A-B-C Paper with the A-B-C Want Ads | Thekr | BRITAIN DAILY HERALD, MONDAY, Nobility at St. Moritz NEW Society from all parts of the world has gathered to enjoy the winter sports at this famous resort. In the first row, left to right, are Lady Birkenhead and Miss Dunn, Standing, the Duke of Sutherland and Lord Birkenhead. POPULAR IN WINTER Are mountain and hlll sections of New ingland, however, where the gales pile the snow into huge drifts, the snow-roller s still a famillar sight, This contrivances, resembling two gi- gantic hogsheads joined together, 1y drawn by teams of horses or oxen which slowly break their way through the drifts, The rolier packs the snow down to a hard surface which ls maintained in fairly good condition except In case of a thaw. More Automoblles Now Used During Winter Months Than Ever Before, Records Show, Boston, Jan, 1.—The first snows in New England have served to em- phasize the change in winter traffic conditions that has resuited from the increased cold weather use of motor | vehicles, ban communities residents aocus- tomed to hearing the tinkling bells on the horse-drawn sidewalk plow have peered out of their windows on hear- ing the loud roar of a motor and hawve rubbed their eyes at the sight of a tractor worming Its way along the middle of the road. Attached to the tractor is a plow which throws the snow in a pile at one side. Back and forth the machiie travels until only the lightest coating of snow is left on a strip of roafi- way wide enough for vehicles to pass. On many state roads running In many urban and subur- City Items All roads lead to State Armory to- night. Fireman's ball, State Armory. —advt. Radio sets and supplies at Morans' —advt. Charles Barry of 157 Lake street | has returned after a visit with rela- | tives in Wallingford. ¥ Meet me at Schmarr’s for dinner.— advt, Miss Gladys Marsh, who has been | epending the Christmas recess with her parents on Greenwood street, | left last night to return to ‘Whitmell, | Va., where she is teacher of eco- school of that 272 Main St. through long stretches of countr¥ | nomics in a high similar plows are in use, With the re-| oty Accompanying Miss Marsh was sult that motor traffic is made com- ey guest, Miss Edna Eighmey, who paratively easy. In some of thel cturns to the University of Virginia. Whist—Bridge—Dance Given By . Daly Council, K. of C. At Elks’ Hall THURSDAY EVG., JAN. 4TH, 1923 10 Prizes N Special prize $5.00 in gold to one having highest score in whist. " Regular prizes: $2.50 in gold to best bridge player. $2.50 in gold to ladies’ first whist prize. $2.50 in gold gent's first prize. Second and third ladies’ and men’s prizes in bridge and whist also. Admission 55 cents, including tax w If you would like to ask about a security in- vestment that has paid nineteen consecutive 'monthly dividends write Box 22 W.H., Herald. e R R S e S S R After inventory, check over your insurance and see that you have the proper amount of protection. Schultz & Costello Inc. TEL. 24- 242 MAIN ST. Will Your Boy Blame ¥ou If He Is a Failure? He can't if you see that he is given the opportunity to prepare himself for whatever line of business he is fitted. 1 The only way you can be sure of doing this is through an Educa- tional Fund Policy that will provide the money at the right time whether you are living or not. You can secure it from— | Joseph M. Chernoff PHONE 1200 §7 WEST MAIN ST. New Britain, Conn. Phoenix Mutual Life Insurance Co. Hartford, Conn. For Quick Returns Use Herald Classified Advis. Volz Floral Co. 92 W. Main St, "7 % w Fowes” 1¢l, 1116 | JANUARY 1, 1023, INDIAN TRIBE 18 RULED BY WOMEN Brplore Finds Toeesting Con- dions In South Ameria Boston, Jan, 1~—~An Indian tribe of South America ruled entirely by wom» en was described recently by ‘Dr, A, Hamilton Rice in a leoture before the Lowell Institute. The tribe lives on the Jeana river, a branch of the up- per Amazon where Dr. Rice \eat on a trip of exploration. The wemen of the tribe appeared to be permanent residents of the Vi lage, Dr. Rice said, while the men whe were there came mostly from tribes along the river Gulana. The an- clent Amasonian legend, of a tribe of self supportive women, visited (rom time to time by men of other tribes, came to the explorer's mind with his discovery, he said, and indicated to him that he might have found the basis for the legend, During his lecture, Dr, Rice was asked if he believed that former President Roosevelt's life had been shortened by the effects of his South African journey, He replied: “Yes, he died from the effects of his journey to South Africa. There was not a doctor In New York who knew what ailed him." The object of Dr, Rice's explora- tion was mainly to determine the character of the country surrounding the Itilla, Mesaya and Inirida rivers, and to identify these rivers, At San Martin he found 800 per- sons served by three priests who be- moaned their lack of knowledge of medicine, Many of their parishion- ers were suffering from disease. Dr. Rice's examinations developed that they carried the tertian form of ma- larial parasite and the epidemlc skin disease known as pinta, a particular- ly disfiguring form. Dally Dr. Rice was begged for rellef by the suf- ferers. The old La Sal-Calama trail across the Vega in the rainy season caused Dr. Rice's party much difffculty, ¥or nearly 45 miles the trall crossss a chain of swamps and quagmire through which the natives of the par- ty floundered naked, cursing and whipping the pack animals before them. TRINITY ALUMNI LEADERS Hartford, Jan. 1.—Selection of cap- tains for the alumni teams that will canvass Hartford for the Trinity Col- lege Centennial Campaign beginning January 15 is now complete. Organi- zation of team of Hartford citizens, not alumni, is still proceeding. At a meeting last night at the University club the following alumni captains were present: Robert Morris, Rev. E. C. Thomas, E. 8. Allen, Johnston, Roger Ladd, Frederick P. Woolley, James L. Cole and Karl P. Morba. Russel Z. OYSTERS CLAMS CRAB MEAT SHRIMP SCALLOPS LOBSTERS HONISS’S 24-30 STATE ST. HARTFORD M CROWLEY BROS. INC. PAINTERS AND DECORATORS 267 Chapman Street TEL. 755-13 Estimates cheerfully given on all jobs Miss Margaret Lindsay Willlams, famous English painter, has arrived in Washington to paint a portrait of President Harding for the English Speaking Union, She scorns the modernist school of painting in which she says that you have to pretend to find a meaning, mm_q_sgoohs Approximately 5,000 Children to be Compelled to Cease Study of Lan- guages in Honolulu, Honoluly, Jan, 1.—Approximi 1y 5,000 children, mostly Japanese, now attending allen language schools in the territory, will be compelled to cease attendance January 1, by the terms of the new school department regulation which has been approved by Governor Wallace R. Farrington, according to department estimates. The terms provide that no child after January may attend a foreign language school until he has had at least one year of public school in- struction or its equivalent. After September 1, 1923, no child may at- tend a foreign school until he has had at least two years of public in- struction or its equivalent. The de- partment has not estimated the num- ber of children to be affected at the time. The signing of the new regulation closes a controversy that had persist- ed since the school department pro- mulgated a rule abolishing the first two grades of the allen schools. Gov- ernor Farrington refused to sign that rule, and the new one provides for more gradual elimination of the first two grades of the schools. . In Holland, more than 10,000 acres are devoted te the cultivation of tulip bulbs. NOTORIOUS PRISON 70 BE DENOLISHED Saint Lazarre of Parls Has Boen Ondered Torn Down Parls, Dee. 30~The Baint Lasare prison” for women, which is both fa« mous and notorious In the annals of French history, has been ordered torn down by the municipality of Paris It was in this prison that d & general war certain well known . en spies in the pay of Germany Were ned, often previous to execution, Mata-Hara, the Red Dancer, spent her last days in the bullding, Before the war the grey walls of this old convent held In bondage such women as Madame Calllaux, who shot and killed M, Calmette, editor of t Figaro; Jeonne Weber, the strangier Theresa Humboldt, charged with one of the greatest swindles known to recent French history, and a long lst of other women involved In the crim- inal annals of nineteenth oentury When the walls of this by & amil- ing garden there will have disap- peared one of the most remarkable bulldings of France, from the point of view of historic association, Founded in 1110 as a leper houwse, five centuries later it was taken' in charge by the monks of the order of Saint Victor who abolished the leger house feature, and used the b 5 as a monastery. During this perlod of the bullding’s history the great military and literary figures of France frequented the gardens, Then, for about 30 years, it was used as a political prison, and with the coming of the French revolution, in July, 1789, during the famine, the place was broken into by the mob, looted for food and set afire. Under the Terror, BSaint Lazare again became a prison, mostly for the detention of men and women of prom- inence previous to their execution. Shortly after that time the bullding was converted into a woman’s prison. POPE HOUSES ORPHANS, Rome, Jan, 1.—The villa of . the Pope situated at Gastel Candolfo, a few miles from Rome, has been given by Pope Pius as an asylum for 400 or- phan girls who recently arrived from Armenia. The villa was alloted the Popes under the Law of Guarantees after the break between the Pontiffs and the Italian state. —DRINK — AYERS’ SODA WATER Take home a large bottle of lemon and lime—something you will like— it’s deliclous. Three size bottles—3c, 10c, 15¢. Cottage at the west end for only $7,500. It has all improvements and is in excellent condition Very desirable 3-family house on Henry St. Wanted to buy good second mortgageé. CAMP REAL 272 Main Street FOR Phone 343 ESTATE CO. Rooms 305-6 Bank Bldg, SALE NEW OOTTAGE—6 ROOMS AND 2 CAR GARAGE ALL MODERN EQUIPMENT. MUST BE SOLD AT ONCE—OWNER LEAVING TOWN H. D. HUMPHREY 272 MAIN ST.—ROOM 208 OLD GENERAL SHED AT A HécE OF PAPER AND BR NATIONAL BANK BLDG. TWen, v mavca INTO A RUN THE FIRST TIME HE WAS EVER KNOWN TO DO SUCHATRICK AUNT SARAH PEABODY HAD VISIONS OF WRECK AND RUIN TO THE PRECIOUS BoX OF FREIGAT CONSIGNED To HER HOME . | | / %, For Quick Returns Use Herald Classified Advts.