The evening world. Newspaper, February 23, 1920, Page 4

ee ete ho 6 ss ee ay ft) ¥ a ¥ aa ai! i me BOARD TO CHECK AGE BORROWERS Declares Big Loans Made to Europe Force Up Prices in America. WASHINGTON, Feb, 22 —Dotermi- “ation of the Federal Reserve Board %© exert the full power of the re- J@erve banking system to regulate and Comtrol the credit situation—a course / designed +o aid commerce and in- Austry in restoring a pre-war equi- | Mirtum—was disclosed in the board's annual report, made public to-day. With this as its announced peace- Time poticy, the board was prepared “teat the ability of the system to Bheek expension and induce health inition.’ Recommendations «iso were made|— ‘te Congress to amend the réserve act NE DE LAN 4 whenever she leaves her home. normal maximum credit accommodation for HINDENBURG TRIAL Datks. An ascending scale of rates Se ey ‘Would be provided in event money| Minister of Justice Also Comes to rien tad corre ink maximum) Defense of Ludendorff and induce banke to hold their own large von Bethmann Hollweg, ‘Berrowers in check and thus work to] LONDON, Feb. 26—Trials of Weld the end thut credit expansion on a|Marshsi von Hindenburg and Gen. Lu- ‘Surge sale would be stopped. dendorit on the AlHed charge of de- Warning was given that the country |#truction of villages in France and Bel- qwuet guard against too rapid defia-|sium is tmprobable, Kugen Schiffer, tom, it being pointed owt that rame.|7°T™man Minister of Juatice, was quoted ies eaployed to correct inflation|™ *#¥ing in an interview in Berlin, ‘might create conditions woree than | Sed to the Daily Mail to-day. om } Destruction of the villages, Schiffer 6 was quoted as saying, was under mili- « “Tt must not be forgotten that pro-| tary necessity and hence cannot merit @uctive industry is profoundly affected | punishment. ‘The interview also quoted by credit conditions, Modern business | the Minister of Justice as asserting Dr. Is-done on credit. The ultimate test} Theobald von Bethmann Hollweg, for- ‘ef @ credit system must be found in| mer Chancollor, cannot be punished for what !t does to promote and increase | his attitude toward Belgium because ihe production of goods. The truth of | ‘ere was no law covering the offense. Tines of ir Dolls, Reigning Fad Introduced to U. Instructors in Paris, S. by Two Girls CLES AND This photograph, taken on board the Steamship Lapland on its arrival in New York, shows Miss Catherine Delaney and her rag doll “Fifi,” and Miss Mae McNamara and her pet “Cleo.” ‘The dolls are of Paris origin and are the reigning fad in the Frenoh capital. Every petite Parisian maid carries one or more of them ‘We ae to permit reserve banks to oe-| GERMANY OPPOSES {TEACHERS STRIKE FOR HIGHER PAY IN HIGH SCHOOL at Monongahela, Pa., Walk Out After 25 Per Cent Boost Is Refused, The Krening Wortd, INGAHELA, Pa,, Feb. 23. HEL demands for a salary increase of % per cent. re- fused ‘by the scHool board, instructors in the Monongahela High School went on strike this morning. The freshmen and go- Phomore classes were dismissed, but efforts were made to continue the junior and senior classes with teachers drawn from the grade schools, A few weeks ago the teachers ‘THe KVENING WORLD, MONDAY, FEB | {which saya he considers himself rea jalms before members of the Labor BRITAIN PLEDGED' _|2 SAILORS KILLED, TO ASSIST TURKS.| 2 HURT BY BURSTING Compromise Limit Them to | PIPE ON DESTROYER Constantinople May Be Urged. LONDON, ¥eb, %.—Premier Lloyd | Occurred. jeorge ts not Likely to alter his opinion that the ‘Turks should remain in Con-| SAN DIEGO, Cal, Feb. 23.—~Two stantinople, according to the Daily Majl,/@ailors were scalded to death and two others so badly burned ht was to a pledge to that effect, given in 1918 | necessary t6 remove them to a hos- in the course of @ statement as to war! pital when a steam pipe on the | United States Destroyer Kilty burst while the vessel was on a speed run near San Diego Saturday. Clarence B. Lambeth, chief ma- chinist’s mate, and Clarence Joseph Lanzell, machinist’s mate, second clams, were the dead. Adolph Nuezch and T. F. Carroll were the injured men. wonton te ~~ STOP BULL FIGHT IN U. S. Kl Paso Police Stop Spectacic ai Packing Plant. EL PASO, Tex., Feb. 23.—A bun fight, staged In the corral of a local packing LONDON, Feb. 23,—Bolshevik revo- plant, with matadors, picadores, band- jutionists bave seized the town of Mur-|erillas and all the traditional appurten- mansk, in the North Russian anti-Bol-| ances of the Spanish national sport, was shevik district, a dispatch from Vardo, |interrupted by the poriée. Norway, to Lloyds to-day said. Nineteen Mexicans were taken to jai) The revolutionists obtained all ship- : ping in the h except one vessel h escaped in charge of two British Belgian officers, ‘The shtp waa @truck by bullets, Several wound- ed have arrived at Vardo. Boe nd Vessel Was on Speed Run Near San Diego When Accident Party. Moreover, the newspaper says he considers dispossession of the Turks would have a serious effect upon Mos- lems {np India, Mesopotamia and the Near Bast. Ldoyd George is said, however, to have prepared a compromise by which ‘Turkish Influence would be restricted to the City, of Constantinople. Protests againat the Turks retaining thelr hold upon Conatantinople were made im #everal churches here yester- aay apis REDS CAPTURE MURMANSK. Seize All Ships Except One, Which Encapes. PRISON FOR SINN FEIN CHIEF. D. J. Barton In Sent to English Jail LONDON, Feb, 23. J. Barton, Sinn Fein leader, who was recaptured after hia recent escape from Mount Joy prison, has been sentenced to three years in a penitentiary, |less message says that Denikine’s fleet in the Caspian has joined the Soviets, Gen. Baron Wrangel has replaced Denikine in chiet command of the White Army. Sale Starts Tuesday Morning LONDON, Feb. 28.—A Moscow wire- Rarton left for England last night, under guard. Browning King & Company Announce a ‘inal clearance of Men’s and Young Men’s Suits at an unusual saving. About 600 Suits of regular $50.00 quality Reduced to this observation deserves to be partic- Pre \ ularly emphasized in the present de- ) > Yanged state of world industry and _ } trade when production if the crying need of the hour everywhere.” ye In checking expansion the board 1 [> % aectarea much depended upon co- H —— ee ee pperation of business and the com- § smmunity generally. “There is, however, BG Reed for drastic or precipitate ac- ) Mon,” the report continued. 4» “Our economic and financial posi- Mon is, at the bottom, safe and sound. extremes must be. avoided, the processes of «djusting the volume of eredit to @ normal basis should be effected in an ofderly manner, and its rapidity must be governed entirely by conditions nd circumstances as they develop.” A plea was made in this connection for complete absorption by investo-s +, of, outstanding portions of war securi- © tles issues.“ As these pass into the * hands of permanent holders and the 4) national debt is reduced by the opera- |, tion of the sinking fund there gradually *, Will come a proper balance between the “volume of credit and the volume of {4 concrete things,” the board explained. | The specific of greater production +) was urged again as one of the methods -{ by which the “proper balance” might ~~ be materially aided. But the board di- rected attention to dangers which lie ,, inthe path of great production unless that production is immediately followed + by distribution and avoidance of waste- ~ * fuk’consumption. It emphasized that - @! hoarding must not be practiced or the ‘) <timulant of production will avail noth- om The granting of extensive credits * te: fo trade and the resultant keen competition in our own markets ‘ the foreign buyer w: sherged § e ‘Doard opposed the financing of which require long term €redits through banking operations as ‘; stingulshed from appeals to the i rities market. Cf America's ‘val oe of trade for the calendar year Treasury advances during he year amounted to $1,757,989,000, this was not regarded as suffi- glent to offmet the corresponding ' Measure of expansion necessitated by the carrying of the credit balance. 'GRANDRapID . FURNITURE CREDIT TERMS: $3.00 Down on $50 $00 “ a 750 -” “ 100 10.00 bd “ 150 15.00 ® “ 200 25.00 3 “ 300 Furnished ‘] opens Gee on Easy At Payments. ACCOUNT| 14th St, “L” Station at Corner FISHER Bros i COLUMBUS AVE BET 103 & 104"ST ,017,745,000—approximately $2,000,000, - | was declared to have fallen as) predit transactions on the commercial | ‘banks. of the city asked for the increase, The board explained the appro- Schiffer will have charge of the trials} Priations for the year had been ar bullty at talbaie, made and it was impossible to CA dias grant more money until next NOES AE RACA term. The explanation satisfied the RED FORCES SEIZE on teachers but not ed eleven eh ho« it ctor, uperin- PORT IN FINLAND] £23,223) rtm. Sorin, cee ‘the bigh pol term might be ended this week unless there was a nettlement, Shipping Taken After Revolution Has Broken Out in City. LONDON, Feb. 23.—-Bolshevik forces ‘have seized Murinansk and shipping in the harbor there, following a revolution which broke out at that port Satur- day afternoon, according to a Lioyd's despatch from Vardo, Norway. Murmansk is situated on the Mur man, or Kola, Peninsula, jutting east- ward from Finland and north of the White Sea. It is northwest of Arch- angel and across the White Sea from the district which was taken over by the Bolsheviki late last week, Last year Murmansk was (he base of opera- tions for Allied forces fighting the Bol- sheviki along the western shore of the White Sea. aie ikae eve wae 20,000 Miners Strike for Two. | LONDON, Fob. 23.—CoMleries in the | Rhondda, Valley were idle to-day when 20,000 miners struck in sympathy with | two men who. were discharged. ONE OF 300 NECCO SWEETS New England Confectionery Compang BOSTON, MASE, Best & Co. Fifth Ave. at 35th Street Established 1879 in our collection of 65.00 There are no extreme models— . Realizing that simplicity is the better each of these suits has only slight rows of stitching, bias bandings of buttons, etc. The tricotine is excellent quality— and that in face of the ‘high cost of the yard. The tailoring is expert— and shows in the snugly fittin buttonholes, the nicely turned 4 pockets. Plain or belted styles, shawl or notch collars, for slim or full figures. From Soup to Cheese Now, just this — jelly, crackers and PHILADELPHIA CREAM CHEESE. My! But it’s good! To order just “cream cheese” means nothing. Say “PHILA- DELPHIA” and get the origi- have liked for yee a rou have ior years. fe dare that “SMILADELPAIA® is onthe label. It is A PHENIX PRODUCT PHENIX vas GOOD CHEESE NOT ONE STYLE BUT MANY Women’s TRICOTINE SUITS part of style, adornment— the material, the fabric by shoulders, the firm pels, and the smart *35.50 There are several models and a range of patterns large enough to afford a auit- able choice for every man’s preference. This sale, the last and the best of the season, is at our COOPER SQUARE STORE ONLY. BROWNING KING & COMPANY 16 to 26 Cooper Square, at 5th St. Fourth Avenue cara stop at the door East Side subway station at Astor Place West Side subway station at 8th Street QUALITY SERVICE PRICE Since way back in the '80s, Borden's have grown with the city. As the city has become larger, Bor- den’s service has been developed. , The big idea has always been to give the most in quality milk for the lowest possible price, Borden’s Grade Bottled Milk 16c Per at. E in Richmond, where it is 17c per quart. Borden’s Farm Products Company These Are the Three Big Reasons Why Borden's Milk Should Be in Your Home Every Day B Phone us for our solicitor and we will arrange for prompt delivery, 2891 conveniently located stores will serve you, in addi- tion to our wagons. The ‘‘Milled-in-Oil” Tooth Cleanser Removes the Causes of Pyorrhea Pyorrhea is the RESULT of soft gums and un- clean teeth, Ch! x not only removes tartar and all impurities deposited on the teeth, but massages gums to healthy hardness; thus it prevents Pyorrhea, Chlorox contains no soap or grit. It protects delicate tooth enamel from injury and re- stores the natural beauty of healthy teeth without injury to tooth structure. The sec of Chlorox effectiveness is the process of illing: .” Ask your druggist for the ed-in-Oil” Tooth Cleanser in the blue and white checkered tube. Sold Everywhere—Every Drag Store in New York Has It. NULYNE LABORATORIES, Jackson, Michigan. BTSs eee Oe Ee Just look what TOMORROW at BEST'S offers mothers lucky enough to have babies and little children or big girls to shop for 4 =a Spring Guimpes “4 5.50 to 6.95 | Spring styles in guimpes offer attractive j models in dotted Swiss. colored organ- ‘ die, fine dimity and lawn. Short sleeves. with colored embroidery, fine hemstitch- ing or lace. White, blue, tan or yellow. Illustrated. Sizes 6 to 12 years. FOR MISSES i A Tricotine Suit has every right to its simplicity of line, for the tricotine is excellent quality and needs no adornment. Dei belted. ; Nicely tailored. Navy or black. ‘ si ‘ 59.00 § Se ee Me Se Special A Georgette Frock : q A slim, graceful dress with a becoming M4 neckline, a soft girdle; weighted with ; attractive bead embroidery which blends -or contrasts according to the color of A --. the fabric. Silk foundation. f . Special 79.00 iy AE i + y. 9 , > at A Camel's Hair Polo Coat a Three-quarter length, sportily belted and i lined with gold color “tlle, to match the : ’ tan of the polo. ¥ i Special 55.00 y : 4 i A dainty flowered kimono H it of crepe, china silk lined. a Babies’ sizes. French blue. } Special 4,25 Silk mandarin coal, over 7 which trail apple blos- i ¥ soms in self color. Softl i , lined. Coral, Copen, light 1 blue. Illustrated. H t Special 4.75 \ q 3 INFANTS’ WOVEN DIAPERS | i Special 2,50 dozen 4 A limited quantity of the i ,, finest quality diapers. Soft A \ and absorbent. Small sizes. Ny 4 This price is good only while ; the present assortment lasts. iW i LITTLECHILDREN’S TANSHOES Heretofore 5.50 3.55 H Fe Orthopedic specialists designed & them to strengthen the plastic 1 r bones of your baby’s feet. 4 fi Tan calf, button. Turn soles. i] I Sizes4to8. Widths, C,D & E. A 3 ql i 4 i Best & Co. ' Fifth Avenue at 35th Street ‘ Est. 1879 mms You Never Pay More at Best's a i 1920 World Almanac Fountain of Statistical Knowledge 3Bc AON BRADY. BOe Stands By Mail,