The Seattle Star Newspaper, September 2, 1921, Page 11

ATION'S BURDENS MULTIPLY verybody Now Affected by ‘Seriousness of Empire’s Financial Problems DON, Sept. 2.—“Is Britain pkrupt?" the question ts being asked seriously concerned Hritishers, ‘eminent authorities like Reginald na, former chancellor of the and great Britigh author finance, say it must be an- in the affirmative unless are reduced. available facts and figures their contention. ‘TION SEVEN AS STRONG Britain is raising by taxa- , gf her people nearly seven much as she did before the severe industrial depression ced the tax-bearing capacity nation, the burden tends to heavier Instead of lghter. is nearly three years since the won by the allies, but "s burden of taxation ts higher “than it was at any ge of “war. Here are the figures show- ‘the taxation levied for the last i , a t 707.228,000 021.000 | C it year is ex: higher than central fact tion for the prewar days, the one-tenth of the annual th production in taxes, today it sin foo Par, ae Sper i iil 3 8 i 8 ? : | 3 g | i iy . women and children. the prevailing depression, of workmen are unable to} y the income tax and all over the, try their homes are being sold! the taxable capacity of Great n is betng exceeded by nearly hundred million pounds a year. latest reference to the sub- sald: . e must reduce this burden, and it at once to reasonable size. 2 I can see nothing but ruin and disaster ahead of us, and if the nt rate’of taxation and expendi | is maintained, ruin will come to sooner than we realize at pres- 9] ‘ 2 pe HELENA, Mont.—Death comes to J. M. Clements, 71, former U. district attorney at Nome, REAT BRITAIN | direct statement on the coming dis- The Sea SEATTLE, WASH., FRIDAY, SEPTEMBER 2, 1921. ttle Star [Pacms1 1020] | WHO OWES US Total Odligations THOTT 24,065, 708.02 |Titerest acerued | and unpaid up to and Inc Ing lant int Country Arivenio Austria Belgium T2Letl 94,007,409. wt Finland Franee Great Britain Greees Hungary Italy. Latvia Liberia . Lithuania Poland Rumanta 8.081 9,950,762,038.19 4.166318. 90846 15,000,000.00 1.685,835.61 1,648,034,060.90 SLR BST 00.00 4.281,628.03 1904 61'660.68 TRE e tre 192.6 a7 $1.183,160.21 HOTA 267, CaS CT PERIL. SAYS NORTHCLIFFE (Copyright by N. BE A.) “It will not be easy to find tm: HONOLULU, Sept. 2.—"There are] mediately a basis upon which all the problema on the Pacific of which the | nations concerned will agree to cur allies must find a solution, and find} tall their armaments. ts quickly.” SAYS D L This from Lord Northcliffe, the) yusT BE SCOTCHED famous Bfitish publisher, in his first) we in Great Britain, yourselves, our allies, the whole world, perhaps, are inclined today, ip the reacti armament conference and the Pa- cific problems which it will consider.) which the end of the war ha HOPES TO LEARN brought upon us, to lean anew upon SOMETHING NEW fighting strength as the one force Lord Northcliffe was interviewed|which renders possible even the here for the Newspaper Enterprise | patched and tattered peace we have association on his journey around) so far managed to achieve. the world, including stops in Fiji, “The Washington conference must Australia, New Zealand, Japan and) scotch this dire peril, and I am abso thence back to London, | tutely persuaded that if every dele “I am going to the east to go to gate there will keep before his eyes school,” said Lord Northcliffe, “I/ this single supreme object, and, In will not express views on subjects go doing, faithfully represest with which I am only partially fa-| opinion of his country—and, what is miliar and that at second-hand, equally important, if we, the share “There is One point, however, | holders in this tremendous’ business tion on the Pacific seaboard—a | will do the utmort In our power to point upon which I should like to prevent the intrusion of any other talk to you—and that Is the vital/ considerations at the Washington which is latent in every civilized na. “That question Is, tomy mind, one| tion will see to it that the greatest of the most momentous which has| council the world has ever known ever been laid before any gathering | will be carried on in an atmosphere of nations: and upon ite successful) of sincerity and good faith. resolution depends, I am firmly con- vinced, the peace, prosperity and happiness of the world for many years to x “The mn of armaments which has so long lain on the shoulders of civilization must be very largely re- duced if we are ever to recover from the shock of the war, ments. created and made to endure; unless each and every nation honestly Washington for the single purpose for which the conference ts called, the genuine Imitation of armament and that no thought of tactical gaina of any sort is being entertained, the TTD Ce) The Is a written noyance of Homaker Features L Rast - resisting inner casings with air space between. . Four-inch warm and cold alr spaces sround castings. . Heavy cast radiator with 34% more heating surface than the ordi- nary pipcless furnace. 4, Heavy cast combustion chamber. 5. Double inside casing with oneinch circulat- ing air space protected by patent No, 1,171,245, issued Feb. 8, 1916, . Heavy one-piece double- ribbed fire pot, ‘guaran toed for 5 years. The last word in Gas SIXTH AND HOW MUCH - the! Total debt to United States C8. 79018 | Interest here- tofore paid 99,904.693.96 LSDRRALSOT 5.880,266.96 4912 NOLAT 021,642.97 000,000.00 736,410.88 3.63 4572 16, 1. } } conferente will fail, and the greatest | opportunity in history for securing permanent and universal peace and prosperity will have been thrown | away. MUST DISARM MENTALLY ALSO “We must all be mentally dis. armed before we begin to dircums the | Umitation of arma. We must meet at that table as friends indissolud® bound together by one great pur- pose, But we munt realize a¢ the outset that it i» of the first im- portance to the successful issue of the conference that our minds should be open and that we should fot, by | any prematyre action, prejudice the situation which may arise after the labors of the conference are con- cluded, “The economic havec wrought by the war can only be mitigated in a long period not only of peace but of | | which very deeply concerns the situa | of renewing the sanity of the world, freedom from all thought of ware | probable and improbable. “There in only one thing which will save the world now, and that is 00°! question of the reduction of arma-|conference—the solid common sense | hard, unremitting work In the cause | wouLD GRANT of distinction, who, of all the emt | to come we shall none of us hav time, if the Washington conference bears fruit. for any thought of war, “In President Harding and Secre- “Unless that atmosphere can be| tary of State Hughes I saw two men | the ixsue, are perfectly clear, of distinction, who, Pof all the emi- | nent men with whom I have dis shows that it is represented at| cussed this great conference, seemed) be utterly disastrous to the whole | to my humble thinking most fitted to preside over such @ council, “Roth are men who have the peace of the world at heart, to whom the inevitable difficulties of the dis pice uarantee! ntee to heat your home to your entire satisfaction, without the an- lust, smoke or ashes in the living rooms. Come in and let the HOMAKER heating engineer explain the patented features which insure even temperature and a saving of 25% to 50% on your fuel bill, or phone Elliott 4126, and have him call at your home and give an estimate on the cost of installation. 7. 10, Mu 12, Pipeless Furnaces t Hardwate @ AVENUE and PIKE STREET aia * TS WARNED -OF . | BY LEO BR, SACK WASHINGTON, Sept, 2.—A real teat of the strength of the Harding adminintra: will come in October immediately upon reconvening of congress after its recess, It will be on the administration bill authoria ing the secretary of the treasury to refund obligations of foreign govern: ments owing to the United States, The measure which t# strongly urged by President Harding and Secretary Mellon gives Mellon broad authority to refund or to convert and to extend the time of payment of the principal and the interest, or jretary ample power “to enable him jrepubitcan, is leading the republican |when the condition of, each debtor | opponents to the plan and associated ry shal} have been definitely aw | with him is virtually the entire certained—-to deal with the situation, |democratic membership of both promptly and broadly In such @ way [houses, ay well as republicans who an will best protect the interest of|are not satisfied with the proposal the United States and necure the pay-|The plan has not offictally reached ment of the principal and interest | the house yet, but it Ix now before now owing to It.” the senate accompanied by strong It provides for the refunding or laudatory and denunciatory reports. conversion of debts owing to the| LaFollette in his minority report United States by Czechoslovakia, : Greece, Rumania, Ruania, Serbia, Po-| “In all the history of the nation no land and other countries, These na-| such sweeping powers have been de | tions also owe large amounts to) manded by or granted to any official | ‘countries other ‘than the United /in time of peace, Even in time of interallied indebtedner | % BANKRUPTCY! | REIGN DEBT PROBLEM WILL TEST ARDING ADMINISTRATION STRENGTH most in their minds since the armis- tice “It in true,” the report says in fair ness to former president, “that Presl- dent Wilson rejected this proposal for cancellation, but this does not offset the fact that the British prime minister has served formal notiee that his government would press for the reduction or cancellation of the Spanish type contains no “w.” 9%. Largo feed door, both, of any obligation now dus to! States, Their resources and their the United States. ability to pay differ widely and the EUROPE OWES | conditions that will have to be dealt BILLIONS | with can not be forseen, it in ex: ‘The authority will include loans | Diained. from the sale of the liberty bonds,| Secretary Mellon and his senate funds due for the purchase of sur-|*POkesman say that the United plus equipment of the American Ex. | States is committed to this policy: peditionary Forces, advances by FIRST—To the postponement of United States Grain corporation and | the Interest for two or three years the American relief administration, | (Ver two years of which has elapsed) Burope ja indebted to the United 894 lso to spreading over subse- Btaten $1 802,341.67. Of thi Quent years the collection of the sum $943,534,755.99 represents inter. Postponed interest instaltments. est accrued ang unpaid, “Direct un-| SECOND—Not to charge interest paid loans under the various Liberty 09 the postponed interest, at least Bond acts total $9,435,225. surplus army and navy supplies on | This obligation, however, hand at the close of the war totaled tngent $565,048,413.80, Foodstuffs furnished by the United States Grain corpora. |P*%* Promptness a satifactry fund. tion amounted to $56,899,879.09 and)!" of thelr short time obligations advances by the American relief ad: held by the United States is con. upon | ministration were $84,093,963.65 — in| SEN. LA FOLLETTE of LEADS OPPOSITION Thru appeals from the president i and Secretary Mellon the adminis- ich has been | tration has built trong case, But these officials hi not sufficiently convinced senators and congressmen to insure passage of the measure without a prolonged and bitter fight. Benator LaFolette, of Wisconsin, all $10,141.267,685.68 exclusive nearly a billion dollars of unpaid tn- terest. ‘The proposed law, wh: reported to the senate by Senator Penrose and a majority of the mem- bers of the eenate scape <n ag tee, gives the secretary unlinited au- thority to negotiate—in secret and fale of | during the two or three year period. | the foregin govern-| ments carrying out with reasonable. | war, when there was a disposition to grant almost unlimited authority to the executive, congress, in originally authorizing these loans, specifically and in detail provided that the only obligations of foreign government which whould be accepted should be| those bearing the same rate of inter- ent and containing in thelr easentials | the same terms and conditions as| those of the United States issued | under authority of this act.’ * MIGHT CANCEL ENTIRE DEBT ‘The nation is reminded that for years, possibly a century, congress will be raising revenue to meet the | obligations which were intended to be dixcharged from the proceeds of} Warning! Unless you see the these foreign loans, Thru this leg-| name “Bayer” on package or on tab- islation a restraint is placed upon all/iets you are not getting genuine succeeding congresses. Aspirin prescribed by physicians for The broad hint 1s made that such| twenty-one years and proved safe transfer of authority may lead to|by millions. Take Aspirin only as the entire cancellation of our foreign! told in the Bayer package for Colds, debt—a proposal which was frankly Headache, Neuralgia, Rheumatism, made by Premier Lioyd George in Toothache, Lumbago and correspondence with President Wil-|for Pain. Handy tin boxes of aon. Many of these documents have|twelve Bayer Tablets of Aspirin cost not been made public, but the subject | few cents. Druggists also sell larger fs one that is dear to the hearts of| packages. Aspirin is the trade the European debtor nations and {t|mark of Bayer Manufacture of Mo 1s a thought which has been upper- nonceticacidester of Salicylicacid, ASPIRIN Name “Bayer” on Genuine without congressional approval with the debtor nations for the juatment and settlement of any and all claims. BROAD POWER ‘The purpose of the bill, according | to ite champions, is to give the sec- cussion, no lew than the gravity of as I said, the conference the consequences will “It, should fail, world: but I am strong in my belief that it will not fail, that it will rise from it» deliberations with @ tre- mendous effort to its credit on behalf of civilization.” E>. ch 7 to T%-inch, Now Now 8% Ni . urday only. Special.. SMM SIXTH AVENUE and PIKE STREET Glass Mixing Set of 5 (5, 6, 7, 8, 9 ins.) Special 98c Legalite Lenses 1% to 8%-Inch, was... to 9%-Inch, was.....$3.60 Single-Bit Axe An exceptionally good value for Sat- { Hardware @ Garbage Cans A well-made 18-inch can with reinforced Special, 92-39 |, Special. A Special 40-watt Hygrade Mazda Lamp Spécial for Saturday only, 29c Bowls $3. teee eee MBL 92.49 Buck Saws Plain tooth, 2-inch blade; regular $1.25. Special at seeeeeeeee es O8E | seeeee BL 29 — 8-Inch Furnace Pipe Toilet Seats Special $3.10 Golden Oak and _ Birch, Mahogany, solid brass, nicke)-plated hinges. Five- year ‘guarantee against splitting. 24-inch lengths ....... . $1.25 Very slightly marred by ‘handling before 8-in. Furnace Pipe Ells. $1.25 varnish was absolutely dry. Regular $5.75 Homaker é value. Features Old English Wax 1 Quart Door on each side in 1-lb. can, special.....69¢ Varnolac outer casing makes it easy to find thin might drop down the register. All cast front, battle ship gray fintsh, ener. Special Two-gallon water pan. be Old English Waxer ‘and Polisher This includes a pint can of Old English Bright- A varnish stain for fin- ishing old or new pine or hardwood floors, furniture or woodwork in perfect imitation of expensive woods, such a8 oak, ma- hogany, walnut, ete, $2.95 |"... $1.29 Large ash pit and door full width of ash pit. Dust-proof shaker, used exclusively in the Homaker enables you to stand up while shak- ing or dumping grate without dust or dirt. Scholler Auto Wrench With adjustable jaws, special....79¢ Auto Pliers Extra-thin nose Combination Pliers with wire cutters, special......30¢ Russwin reveled edge plete with 3 Front Door and Store Door Locks Special $9.95 A wonderful yearing cylinder lock, heavy volid brass, dull finish, Com- ceys. Impossible to pick, Cylinder | Shepard’s Keyhole . Guards Fits into any common key- hole and makes it just as secure as a heavy bolt on the inside. Can be used from either side. Cannot be’ picked. Special, each ........ $1.00 value, Ball- plates, made of Liberty eilver ZZEOUNOTTOAUOAUOAGOUAUAGUUAEOAOEOEUGREORAEUEEGEA AGATE l a —No Phone or C. 0. D. Orders— AVTUAUUNULUUAOALUUERU UNCUT