New Britain Herald Newspaper, December 6, 1923, Page 11

’:JH apatl and accept a bitter truth hard facts. Suffering and pain in | their own bodies alone will succeed, | it seems, where the appeal to sanity failed.” Meanwhile, he added, the ganization of foreign exchanges runs | its fatal course, and the flow of gold to our shores continues with grim consisten REPARATIONS MUST BE ADJUSTED FIRST Warburg Sees No Sense in Talk- ing Loans Beforg That New York, Dec. 6.—The futility of discussing the international loan and Doliar Will Stay | These circumstances, Mr. Warburg admitted, have greatly helped Ameri- can bankers to popuiarize the use of dollar bankers acceptanées in all parts of the world. There can be little | doubt, he said, but that the dollar ac- ceptance will retain its place per- anently at the side of the sterling bill. Declaring he was that the words “tax exemption” are anathema for most people, Mr. War- | bu zgested that the income eligible bankers acceptances be ex- empted from the normal tax only for |acceptances in the hands of foreign holders and of | insurance companie corporations in the {7 Such action he sa the kind of excmption that is objee- tionable because it renders tax im- mune large individued incomes. TIn- stead, he said, it would mean the sub- stitution of bankers' acceptances for single name promissory notes {would bring about an enla ply of liguid paper which is an es- sential step forward in the direction | of perfecting the nation’s system, -slabilization schemes until the repa- rations question has been settled in a practical way, was emphasized Faul Warburg today in an address at the fifth annual meeting of the Amer- ican acceptance council, Mr. Warburg, who is president of the council, expressed satisfaction with progress made during the past year in obtaining general cognition and adoption of sound principles and practices in the art of making and distributing American bankers and trade acceptances. However, he pointed out, since the bulk of bankers' acceptances are bas- ed upon foreign trade, it is the vol- ume of international commerce that determines the growth of American acceptance banking. It is natural, theretore, 'rted, to look closely into the Kuropean political situation, by not unmindful and ited States, “to real- banking | ll|fl’|( rn democr are so dhholcit 14 power of imagination that | it is utterly hopeless by an appeal to | their intelligence to make them visu- alize the logical inescapable —conse- ¢ their course. the cruel cup of waste a5 horrors must be drained. to the bottom hefore those blinded by fear and fury, or chewing their cud in | | b : | of Mexico, | | | that o i | EXTENSION GOURSES ‘rlklnloll University Will Establish Busi- ness School Classes for Residents Dee. 6 from | banks, savings banks, | investment would not mean Extension courses offered by Boston pdmin- | Boston, Mexico will University coll of business Ashley’s 1 Lnounce toda Nall, head of ish at the for a number ters at the University of Mexieo, have charge of the project. e take with him o group of st |from the eollege who will reeci | eredit towards their Boston Univer ity degrees for the semester spent in Muxico, Dean Lord nlso is making ments for other colleges of and business administration |e v to send students " 1 group. The students wiil b {employed during the moraing and |early afternoon Mexican business | houges, be held in the afternoon and evening. In wlli- in be Guille | ment of sp has taug mo Gifts That Refiect Good Taste of srmes. wiil will Jonts arrangoe- finanee thi 1he in with “Lancaster” Scarfs A new creation, imported s in from England in very at- . Classes will | department already tractive colors and patterns ASHLEY BABCOCK CO. 139 MAIN ST, | Kleetricity exists In two forms, the | | negatiev, which 1s called an electron, and the positive, called a proton tlon the American students may take any of the regular courses they d wire at the University of Mexico, he Americans will study Me comaerclul, lgnd and mining phy and | economic geog louse practices, and salesmauship | and advertising for latin American | markets, o B | chean custom | Chrigtmas & | - Greetings | Lastcall for engraved per- sonal Greeting Cards for the Holidays. Only a few days more before the Christmas chimes will be ringing. May we not have your order at once? ADKINS 66 CHAURCH ST, Sell the things you do not use, Desk or chairs or billiard cues, PHONE A “Grafton” An ovch-supporting FEase Arch madel in a popular strap styls and shown in fine black k:l with welt sole and mediam rishher heel for style. m}mdfir ability $8.50 TYLE—as smart as you like it, as distinctive as in all “Derothy Dodd™ models! And comfort, with perfect arch support, is yours the moment you slip on a pair of EASE ARCH shoes! A fitting will demenstrate the features that make these styles supreme. § GLOBE CLOTHING HOUSE VST A wi WA | of | the Geologleal Survey. present | Barawak has been “disor- |« Fort WoWrth, jubilee, Texas, successfully And these two little maidens, Martha Massengale, left, | just 4, and her sistser, Anice, who admits she is 6, all decked out celebrated its diamond in costumes of the early 50’s, entertained folks with their singing and dancing, SUBHIT TAX BILL Measure Embodying Mellon's Pro- posals Alrcady Has Been Sent to Capitol For Action, Washington, Dec, 6.—The treasury has drafted and sent to the retary Me revision, which eapitol Se n's estions for tax will is or comm A fight ove treasury has n brewing for 2.0 carly presentation v the prop bes sever, of a revision e to the front at the cion, The first round of the contest place in the ways and me cmmittee, Comimittee plans still a1 somewhat indefinite, but it is assumed thut several weeks will be taken up in examination of the proposed eha before a report is made bringing me formally be- tore the house for debate, During tie committe how friends and opponents of Sccretury Mellon's plan both in house and senute are ex- pected to find opportunity to the country in various support very outset of the wiil the asure sexsions, to appeal ways for \Cement Production Unable To Keep Pace With Demand Washington, Cement pro duction established another record in October exceeding the record made ir September by 241,000 bis, Production totuled avrels, the highest any month on record according to Shipments dur- exceeded productions by 000,000 barrels Dee, 6, ing October aumost 1 Supplies, which had been diminish. ing monthly since February, woere the lowest since October a year ago. Stocks on October 31 this year totaled 1 W00 barrels or about one-third of a month's supply at the October rate of shipments Ex-Ofiicer Offered € James Brooke many ye an ex-officer in old Kast India compuny’s service wihen he was of- fered the crown of S8aravwak in Borneo He pted and his descendant, the Rajah Brooke still reigns an independent protection sinec win ago was state 1888, under Dritish | pared | uifice | chudes 105 pr | the a bill embodying | from Harm sure is expected to bring the issue | | subject HOLD MANY DEGREL Dec. 6.—-A report pro for the university ary and made public to the Yale university fuculty s who hold, in the orary degre or Jave one or more de and 14 have dey New Haven, shows that ag; s, 1her grees from Yalo rees ard, 1O COLLEGE FRAT Dee, f.—A vote of RESTRICTED the Yale college taculty has made inst I no- Aipha Chi Rho a coll frat niversity one. The ofi given today by Dean | Jones, restricted to college to regulation by the college taculty, i % i i b b LR T Home-made Remedy ‘.’s'cn:p-méou:hl Quickly The best cough medici used. A family supp quickly made, Saves about 82, Saasas L o0 12 - 3y : B % i | The frat herealter will be | membership and | Ty GOING TO LOUISVILLE, KY. Joseph Dean 50 South High has resigned as superintendent cleaning and dyeing depart- ment of the Union Laundry, Ine, which position he has occupied for more than three ye With Mrs. he will teave Saturday for Ke ky, to spend the t L 7 been offered & pnsll:un in that city. !va- action of the powers in son | marines ashore at Canton was taken | for the purpose of preventis n Yat | Sen fronw seizing the customs house, | of us he had threatened. 2 by the h com- hd the F ad- s quoted as prom- | of ALLIED WARINES LAND IN CANTON Take Possession of Custom Housei -Dely Sen Yat Sen treet th nuw)w in | miral, Sun ¥ non-inte vou T0 REBUILD SPEEDWAY t Los Louisvifl ising meas- ures ake are suffi ter mor than any world, is r more newspapers y of its z¢ in the claim of Cairo, Egypt. Havir other ¢ Hong Kong, Dec, |rines from tie foreign gunboats an- lchored off Canton are reported to have taken poseession of the custom | | house there. The troops are said to | be equipped with machine guns. | six Boats T Six foreign gunboats known to be anchored off Shameen. They in- clude the two American vessels, the | Asheville and tr Pampai; the British ships Cicala wnd Moorhen {and the French gunboats Maliciense, and Craonne, The British flotilla strengthened by the arrival gunboats Magnolia with | Deveson aboard, and the according to later advices | here, The Japancse gunboat Matsu uml the destroyer Sugi also have arrived |at Canton, the advices state. Admiral Frochat of the is aboard the Craonne. Canton, military objective north China forces of General Cher |Chiung-Ming and stronghold of Sun South China leader, his f | ne of much internal |disturbances during the past few | months, forces menaced | nearby tov al law recently | was declar hout the cit | Last month Chen's army was | ported only 20 miies from Canton and Sun's forces pre gage- ment in en- trenching themsclyve {miles from (a Sun's my hay 6.~ ies of ma- Pamous Ascot Racetrack An- geles Will be Put in Shape for GIFT SUGGESTIONS For Her For Him For the Kiddies On Today’s Want Ad Page Classifications 65 A-B-C-D Leading way, nationally knowi ! dirt track automobile rebuilt at and enough to attraet the ent are to be offered ed here hy George new specdway is to be a mile long. au onc pri best racin is been of the| Admiral Tarantula, rece i\'ml has year for fox-hunting in Great Britan Ouldren Cry for French the oe en the s s Chen's mar red for an en defonse of the city by on the hills six rorted to b itry Syrups, prepared Sun Yat Sen’s Threat | London, Dee, 6.—A dispatch from Hon To avoid imitatio Proven direction news ng toc You might be surprised to know that the Lest thing yon can use for a severe cough, is a remedy which is easily pre- wared at howe in just a few moments. ‘||4 cheap, but for prompt results it beats anvthing else you ever tried. Usu- elly stops the ordinary cough or chest cold in 24 hours, Tastes pieasant, too— children like it—and it is purc and good. | Pour 2! bottle: the lated sugar unces of Pinex in a pint fill it up with plain granu- svrup, Or use clarified molasses, honey, or corn syrup, mntvanl of sugar svrup, if desired. make a full pint-—a family supply—but costing no moce than a small bottle of ready-made cou; v And as o really nothing better to had at any price, 1t goes right to the spot and nives quick, lasting relief, 1t promptly heals the inflamed membranes that line the throat and air passages, stops the annoving throat tickle, loosens the phlegm, and soon vour cough stops en- tirelv. Splendid for bronchitis, croup, hoarseness and bronchial asthma. Pinex is_a highly concentrated com- pound of Norway pine extract, famous for its healing effect on the membranes. To aveid disappointment ask your druggist for “214 ounces of Pinex” with directions and don't accept anvthing 41«- Guaranteed to give absolute satis- faction or money refunded. The Pinex o, Ft. Wayne, Ind. e, there is Answers the Problem of What to Give Christmas brings with it perplexity as well as pleasure. So we suggest jewelry not merely to ease your mind, but to eliminate your problem entirely. Our vou will find thousands Watches, Rings, assortment of gifts Pearls, are unequaled. Here of appropriate items— Mesgh Bags, Diamonds, Brocades and a score of other articles embracing gifts that are ideal for everyvone and anyone. All are priced =0 moderately that no one need hesitate to buy. 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