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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Feb. 27, 1920)
THE OREGON DAILY JOURNAL, POR TLAND. FRIDAY. FEBRUARY 27. 1920. TRADE EXPLOITERS ABROAD HARD HIT BY HIGHER RATES By Hal OTtftherty Special Cable to The Journal and The Chicago Dally News, (Copyright. 1020, by Cbkato Dally Newn Co.) Stockholm, Feb. 27. The rising coat of American dollars has cauaed depression among Importers and ex porters In the Swedish markets, and especially those who must meet pay ments! on shipments from the United Htates. The older firms which have been doing buainew with America for many years prepared for such an emergency by large purchases of American dollars when the exchange was favorable and they are now reaping a harvest. But these rep resent only the soundest eloment of the traders who have done business during the past year. . Others who entered the market with a view to' exploiting the postwar de mand for luxuries find themselves hard hit. Their plight seems to overshadow every other phase of the Swedish American financial nituation even lead ing to sharp criticism of the American government for Its failure to lend finan cial aid. This critlclHni hag gradually Increased within the past week as the exchange rate has gradually rlaen to ti.fiO kroner to the dollar with no indi cation of any decrease visible. HA T AMERICA SHORTSIGHTED On every side one hears the question, "Why does not the American govern ment prevent a further increase by large foreign credits?" This is usually followed by complaints over the general business conditions which seem to be attributed to America's supposedly shortsighted policy. An American busi ness man here had several trails today asking for his help in securing Ameri can dollars to tide over the difficult period. One demand was based upon the claim that the whole sltUHtlon was due to the American Influence which cut off trade with Russia and Germany and even damaged trade relations be tween the Scandinavian countries. It is difficult to determine why it is but in the mincjs of the smaller Im porters this idea of America's alleged .remissness seems to be firmly fixed. Considerable publicity has been given to falter Glass' statement that America cannot grant government loans. These reiort8 come from the entente and are usually given the worst possible Inter pretation, leading the public to believe ttiat all American help will be refused. ThiH fornix the basis of many eom plaints arising today. BtSlNr.SS AT STANDSTILL Meanwhile American agents in Sweden declare that it Is impossible to sell goods until the exchange Is lowered, uhile British agents are able to do con siderable trade with the pound at its normal value. Swedish bankers express their optimism, believing that the ' ex change will right itself because the Imports from Ihe United States must cease while the exports from Sweden hi .signs of increasing. They believe that in time the money market will re set .uid bring good results. But It is only men aith the broadest knowledge of international banking who see the situatlotiT.iri this light Others, realizing only that their pockets are hit, look for something upon which they can cast the blame. While this critical attitude towards the United States is prevalent in nearly all business circles, I have found that It Is mostly superficial irritation and does not go far beneath the surface. Swedish merchants who come in con- Roumania Plays Though Broke r t an te, t at K n Bankruptcy Confronts Nation WAR CRIMINALS IN By Caattaatlae Browa Special Oabl to The Journal and The Chicago Dally Jtew. (Copyright, 1820, by Chicago Daily New Co.) Bucharest, Roumania, Feb. 7. (By Courier to London, Feb. (Delayed). After the cold and gloom of Belgrade, the gay and amusing Bucharest appeara to the traveler as the promised land. The hotels are open, the elevators are in working order and all kinda of com modities are obtainable at fancy prices. However, American travelers can live ( here cheaper than at home, for the dol lar which before the war was worth 5 lets now is exchanged for 50 lets. The country at first sight seems to be better off than ia .Serbia, but on closer inspection the condltiona are found to be much woree. The crops are defi cient because the farmers are still mo bilised against a potential but Improb able Bolshevist attack. The Bolshevlki, who have occupied Odessa, ahono In clination to extend their operationa fur ther. The Bolshevist propaganda haa not taken root In Roumania, where 80 per cent of the people are land owning farmers who desire no social change. The main difficulty in Roumania Is the deplorable state of the finances. On ac count of thelack of income and want Of gold reserves and the greatly inflated paper currency, the country is on the brink of bankruptcy. The efforts of the government to get a loan in England or Franco met with a stubborn refusal on the part of the bankers, who asked that the loan ahould be guaranteed by the Incomes of the atate railways, as well ao of the vast forests and oil fields. This has so far been refused and Roumania la afraid of mortgaging all of her natural resources and thus allowing herself to be bound hand and foot to a foreign power. The government is looking anxiously for American capital, preferring to get It from a source free from politics. Only a little American capital haa been In- j vested in Roumania thus tar. xnere are a few American business men here who try to compete with the British, but they lack proper organization and efficient methods. Though bankruptcy Is imminent, the !eop!e here worry little about the future. Officers In glittering uniforms and wo men dressed in gowns costing thousands of francs, attend,, dances In the afternoon and evening. A carnival Is In full awing. The ballrooms are crowded until late in the morning, and money, though It Is only paper, la spent recklessly on wines and unnecessary luxuries. Meanwhile, the government does not know how to get funda with which to pay next month's salaries of its army of officials and clerks. GERMANY TO FACE I DRY OF GERMANS By George Wltte tact with American business men find they are willing to meet them fairly during the exchange fluctuations by ex tending reasonable credits, deferring payments where otherwise financial in jury would result and granting most liberal terms to lijsure future business. Rumor Says Exile Rather Than Trial Of Kaiser Desired Special Cable to The Journal tod The Chicago Daily News. (Copyright. 1920. by Chicago Daily Nwa Co.) Paris. France. Feb. 27. It is an nounced here that at its London oonter- I ence the supremeifcouTicil has decided to I abandon the effort to try the former l kaiser and merely ask Holland to exile I him to some distant Dutch color.y. More I over, the British view regarding "war j criminals" is reported to have prevailed : over the French attitude and a dlstino j tion will be made between those who .ordered crimes to be committed and those I who merely executed them. Premier ! Millersrd of France, however, secured the adoption of the phrase, that "Ger many must not deduce from the weak ened application of the clause regarding punishments that other chapters of the treaty will lso be weakened." lans want, he says, is a frontier which will afford them military safety and ob viate the necessity of Jiving indefinitely under a regime of armed peace. Italy haa now abandoned practically all her claims save as to Istria. Fiume, the coun ties of Gorltza and Gr ad esc a and the island of Llssa. The population of these districts1 comprises 260.000 Italians against 410.000 Jugo-Slava. Now cornea the kernel of Professor Berard'a argument. To avoid an armed peace Italy, a nation of 38,000.000 In habitants, desires to annex 410,000 for eigners. For exactly the same motive, to secure a safe frontier against their neighbors. Jugo-Slavia, a nation of 13. OOC.000 Inhabitants, haa actually already been granted by President Wilson and the other allied chiefs 'the right to an nex 100,000 to 150.000 Germans, 200.000 Roumanians, 200,000 Bulgarians and 100, 000 to 150,000 Albanians a total of from 600.000 to "00.000 foreigners. . Under these circumstances Professor Berard believes that It Is to the Jugo-Slavs' own Interest to accept the Italian compromise. Foreign Student Is Opponent of Wilson Solution of Fiume By Paul Scott Mowrer Special Cable to The Journal and The Chicago Daily Nw. (CoiiyriKht, 1020. by Chicago lily New Co. I Paris, France, Feb. 27. Professor Vic tor Beixird, an eminent student of for eign affairs, while professing warm J .J t . 1 e . r . I , t ui icuusiiiij mr me jugvaiavs, nas come oui. in lavor oi me iuman compromise and against President Wilson's position In the matter of Flume. The arguments he presents are considered here of great Importance. The Italians, he points out. are ready to. accept either public or secret arbi tration while the Jugo-Slavs cling stub bornly to the Wllsonian formula and re fuse even to arbitrate. What the Ital- German Says Allies Don't Want 'Guilty' By I.eo Frankeathal Special Cable to The Journal and Tba Chicago Daily News. (Copyright, 1920. by Chicago Daily News Co.) Berne, Swluerland, Feb. 27. The Ber lin correspondent of Der bund reports that there 's a strong feeling there that the list of accused Germans demanded by the allies was purposely so framed as to prevent its being complied with, there by permitting the execution of further annexationist plans. A member of the Swiss general staff, who asks that his name be withheld, is of the opinion that the entente desires to remove the capable military leaders from Germany for tac tical purposes. Special Cable to The Journal and The Chicago Dally News. (Copyright. 1920. by Ohicago Daily News Co.) Berlin, Feb. 27. "Germany her self will point- out for speedy and just punishment all those named in the entente's extradition lists who are really guilty of crimes commit ted for reasons ottier than strate gical reasons." This assurance was given me by Eugene Schlffer, the German minister of Justice, who has Just ordered an attorney to make a close scrutiny of the extradition lists and bring to trial before the supreme court at Leipsig those against whom the evidence gathered by the entente is damaging enough to warrant such proceedings. "Germany no less than the entente wants to see the punishment of all men guilty of wanton destruction, plunder ing and murder," said gehlffer. "The archives of our courts show that we have not waited for the entente's lists to proceed against such criminals, but that in the course of the war we pun ished severely all soldiers and civilians who committed crimes not justifiable by the war emergency. Much of the material contained in ihe extradition lists Is so vague and Incomplete that it entirely falls to form the necessary basis for indictments. "Many of our military leaders are ac cused of deliberate destruction of whole regions in France and Belgium. But tn their cases the question must be asked. 'Did they do it for military and strategical reasons that would have prompted the generals of any other army to do the same thing, or did they do it merely for the sake of destroying the enemy's property?' Even our bit terest enemies should have enough chivalry to admit that when we razed villages, destroyed woods and flooded mines we did it for military reasons only." "Then you think," it was suggested, "that the entente's material does not Justify the trial of generals like Luden dorff and Hindenburg?" ','The extradition lists accuse Luden dorff and Hindenburg of laying wast large areas in France." replied Mr. Schlffer. "Men like these generals should srrind above the suspicion of having mistreated prisoners of war In German prison cam pa. However, we shall be able to sift the evidence at once and punish thoe guilty of the crimes with which they are accused. We have done away with much red tape ao that Justice may be speedy. Since all those named in the lists know no law but German law It would be an injustice to try them before a foreign court. Besides, there is no one in Ger many who would dare lay hands on them, and If there were such they would undoubtedly be mobbed before they could fulfill their mission. "What the entente asks is Impossi ble. Germany, however, thinks It Is her duty to punish the war criminals in her own realm, and she will punish them no 'matter what the entente does." Hiccough Influenza, Brand New Variety, Is Found in Europe By, George Wltte Special Cable to The Journal and The Chicago Daily News. (Copyright. 1K20, by Chicago Daily News Co.) Berlin, Germany, Feb. 27. "Hiccough influenza" U a new form of the Spanish influenza observed in Germany and Aus tria by Professor Kaminer, an eminent specialist. "Persons afflicted with this disease sneeze and have prolonged spells of hic coughs as though they were drunk." said he professor. "Most of the cases have been fatal." Dr. Kaminer. who is at the head of Beveral large clinics, declares that ihe present influenza epidemic in Germany Is worse than that which prevailed dur ing the war. The mortality If greatest I among newly married women a, id robnst j men. 'While during the war I was inclined to t li ink that the blockade contributed largely to the death rate in Germany," continued the professor, "I have found that lack of heat in the homes and the attendant lack of cleanliness are among the principal causes. The conclusion that sunshine is a cure for influenza is a fallacy. In 1918 the epidemic began after a long period of uninterrupted sunshine." Professor Kaminer says heprescribes alcohol and quinine as preventatives. British Blame V . S. For Shipping Loss London. Feb. 27. (L X. S.) The British government was reported today to have sent a note to Washington re garding losses sustained by British ship ping companies through the delay of the United States in releasing former Ger man steaansmps, sucn as me imperaior. For Ccldi. Qrlo or Influenza and an a Pre.entaBTe. take LAXATIVE "HOMO QUININE Tablets Look for K. W. GROVES ilgnatnn on the box. SOc Auckland Geddes to Succeed Lord Grey London. Feb. 27. (I. N. S.) Sir Auck land Geddes. minister of national service. has definitely accepted the post of Brit ish ambassador to Washington, succeed j Ing Viscount Grey, the Daily Telegraph stated today. 1 ffhPuts a THOR in Your Home P JL jf Balance Easv Pavments 'Every hankie, every sheet"- Spring Styles Let your new Spring Suit be of good quality. It will give you the most for your money in faithful service, besides the satisfaction you will get from being truly "dressed up." .Mathis clothes are carefully hand tailored smart in style up to the minute. You will feel exceedingly well dressed the moment you put them on. Priced $30, $40, $50, $60 and up New Dobbs and Mossant Hats MENS WEAR Mathis Corner. Fifth and Morrison Spring Shirts and Neckwear m J I EVERYTHING you put into your Thor gets equal attention. The smooth, polished maple "lifts" inside the Thor cylinder carry a load of sudsy clothe to the top, every time around. 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MT.VA6lh & STARK, 71 "VASHLKQTOKl , BET- 17 6-?18XBlU GQBQXBJPWI BOIL Complete March List of Columbia J5L Recofds Yew Ain't Hoard Nothiaa Yat Cmm O. and Play With Me Juat Like the Reee Lawn Jams Wkera the Lanterns Gl All I Hae Are Sunny WaaUar f n.mcia Haw I Keew Lea , That All A UttU Bit Haney . . , Recked is tke Cradle f tke Deep Aeleep in Ik Dee . . Hand1 ia Hand A (tie My Love Soag, My Rnaa avatat Y . a Year Arm .... Juat Lika Gypay Wham You're A lea W.it'll You oa . . Tko Mooa Saiaoa oa taa Mooaahiao Saaaaboa, Al Jalton Billy Murray and Chart Harrlaon Campbell and Burr Campbell and Burr Lawlt la met Margaret Romaine Margaret Romaine foe Mardonee ota Mardonee Campbell and Burr Char le Harriaon . Nora Bayea . Nora Bayea . Henry Burr Peerleaa Quartette e Bert William Bert Williamt 1 A.Z834 BSc A-2841 BSc A-2M) BSc A-2S47 ( $1.00 $1.50 I A-284B S5c A-613S I1.2S A.2-50 85c A-284f B6 msrom Opera Vaepri SeOlaal-SeilUaa . La Boh.mo Maeatta Walts 4icat Roatd Gavatta Reaa Paaaetle 4tM6-f 1.B0 Margaret Romaine 1 A-2B46 Marg are I Romaine j $!.( -O" Fox-trot Introducing "The Vamp." Ted Lewi Jan Band Barlrin' Dor Fox-trot . Gorman'a Novelty Syncopators Hickman Trio 1 Hickman Trio Art Hickman O reheat ri Art Hickman'a Orchestra Noody Kdowi Fox-trot Wonderful Pal One-ctcp : Rainbow of My Dreams Fox-trot Burmaa Bailee One-step ! . Dardanolla Fox-trot . , Prince's Dance Orchestra Wild Flower Walts i . Yerk.es jaiartmba Orchestra I Want a Daddy Wko Wlil Rock Ma to Sloop Fox-trox Waldorf Astoria Dance Orchestra I I Mi(ht Bo Your Oaco-ia-a-Wkila Fox-trot I Yerkes' Jatarimbs Orchestra) Naw York Hippodrome Modlcy One-step The Happy Six Nobody Ever Medley Foxtrot . The Happy Six Ok, What a Pal Wu Mary Medley Walts Prince s Orchestra 1 Carolina Sunahina MdJty Walti . , Prince's Orchestra A-2844 85c A-283t Sc A-2841 85c A-2851 85c A-2&40 85c A-6133 $1.25 A-813 $1.25 Iimstraimeimtfiil Mnisiic DM Ins Forever Blewiac Babbles Violin' Solo 78798 ; Toscha Scidcl $1.00 CertefO sla Sardar Philharmonic Orchestra of New . York under the direction t,f Josef Stransky A-613S Tarkisk March Philharmonic Orchestra of New York $1.50 under the direction of Josef Stransty . . , Fatkar O'Flynn and Haata to the WcJdinf Accordion Solo . . . Patrick I. Scanlon I Ar2837 Keel-Row and Money Maak Accordion Solo I 85c Patrick J. Scanioft ' WMatHaf Rafua .... Prince's Orchestra A-2838 Tko Nightingale and the Frega Sybil Sanderson Fa pa a 85c Ben Hur Chariet Race . . . J. Prince's Band 1 A-2848 Under Orders Prince's Band BSc Bird Calls. Part 1. Bird Imitations Edward Avis A-2B32 Bird Calls. Part 2. Bird Imitations i. Edward Avis 85c Prelude ia E Minor Prelada ia C Mlor Prelude in 1 . en- Piano Solo . . 1. Mary Hallock T.X COLUMBIA KRAFONOLAS f faiMfare' Jafoe?eJe wp to $300 Perorf Dmiigmt mp to $3109 A Maioi Nocturne in G Major Pisao Solo . Mary Hallock J Spanish Gypsy Danca Columbia Spanish Orchestra E-4470 Night of Lore Concert Walta, Spanish Gypsy Orchestra j 85e Any Ctlmmtta Dtmltr ntiiU plmy y mmy Caeaseia Rifrd Afea CeemUe Aecare1 ea'Jee th 10tHm4 'Cth of ery Afeatfl COLUMBIA CIUraoniOl CO Rev Tare Columbia Novelty Record Week-Now-Somethinf Different Grafonolas and Records Are Sold by the Following Dealers: Reed-French Piano Mfg. Co. 435 Washington St., Corner 12th Vern L. Wenger 14212 Second St. Win. GacUby & Son Corner Second and Mormon Hyatt Talking Machine Co. 350 Alder Schwan Piano Co. Ill Fourth St at Washington McCormick Music Co. 429 Washington, Bet. 11th and 12th S. & D. Phonograph Shop 172 Third Street Oregon Eilers Music House 287 Washington, Below Fifth