The Oregon daily journal. (Portland, Or.) 1902-1972, December 25, 1922, Page 8, Image 8

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    ,ii:ce at m
:,but
WILL GRAB TOLLS
Paris !; 25.-S-CTT. r.V-a"rncp 're
nounced : lfettIttn : ecwpytng i Ahe
Ruhr at tt" xtraordlnar y scssioti ' of
the" aabint prslded ovel? .fey Premier
Poinesrc on the v pt Christmas. ' it
' was learned'en-hiiffti authority' today
i Instead the French .will :. propose
establishment of a. customs barrier be
tween the Rhineland Kuhr and Ger-
' many. -
"Military intervention," according to
"tha new scheme evolved by Poincaire's
g-overnment, would. In . tnfs . case; be
reserved for protection of the customs
controllers.
j The French plan, while constituting
a back down from, the - stand of -the
; die hards that the Ruhr alley must b
', occupied and eventually annexed would
( place the allies, if they joined in the
; scheme and Franc alone Jf they did
not,- in a position id levy a consider
' able ' dirty on - att.German revenues
(obtained from the rich RMnelands.
1 1-BA.ITCE'S OXtT HOPE
This is the only, manner In which
France can hope to be paid " the au
thority informing the press of the new
pian commented, j :
eventualities -which miaht arise following-
resumption- of this conference
were considered, it. was announced, as
well as the. possibility., of Germany de
faulting on payments due January 15.
; ' The ministerial council Issued the following-
official communique:
"The'inmlstera" examined anew the
Question of reparation and sanctions
particularly the problem" of delivery of
reruuser requtrea r Germany.
The communique further referred to
the situation arising; from a flat refusal
f i Oermatay's jart. to deliver any
amount - f fertilixer; '' however imalL
The allies demanded one-tenth of Ger
man y's production, it was stated, of
ficially, but when the allied represen
tatives returned from Berlin Saturday
night,, they brought the response frodx
the: Ctmo government ' - - .
"Net a srain j ... '- 2 -.
CONFERENCE HEX A FABIS .
; The treaty of Versailles, which earn
into force- oa January 20, 1920. did hot
state ice amount of reparations Ger
many was to pay, but prescribed that
xntr later-allied reparations comml
sion. consuiuiea oy the treaty, was
to decide on or before May 1, .1921,
we exienc or uermanya obligation.
- The commission' was also charged
with, the duty of determining the time
and manner for securing - and dis-
cnargina; the enure obligation within
a period of 0 years from May J. 1S21.
Incidentally' in reaching: these vari
ous, decisions, the members ef the com.
mission had to take into account the
views of the governments they repre
sented and these, were ascertained at
a series Of meetings of xthe supreme
council and other gatherings of allied
officials, the: first being held at San
Eerno in April?1930.t--.'-i' -,..
- In January 1921,. an inter-allied con
ference waa held in Paris, at which it
vas decided that Germany -should -pay
to the alliea ,00,O0000O tn a period
of 45 years. , - -- . ' -
- CJermany wad' a counter proposal,
offering SO.OOO.O&O.OOO 4 gold marks.
$ 7,500.000,000. : : .-. V.. ,:,..
- Aj, allied oonference a.t London in
March. 1921. rejected this, threatening
the Oermans with enforceir.-i.t c-f
ucna if they ..did not accept the Paris
decision, or submit" proposals .-; ;.iiiy
satisfactory- to the allies, uermany
took neither course, and thereupon
Xusaeldorf and other towns were oc
cupied by . Britisii,-, JbTenca ana Bel
gian .troops. , . - '
,, Meantime the reparations commis
sion was reconsidering the matter, and
to April, 1921, came to the conclusion
that- the damage 'for which' Germany
was responsible exclusive of the cost
of -the armiea -of 'Occupation - and -er-
taln sums "- attributed - to Belgium
wa 132,000,000,000 gold marks, (J23,-
000.50.000. - ' , ; -
' Th. allied :. governments agreed, and
on -AprH 28.. the 3 terms were -officially .
forwarded to the German government.
The manner in which payment was 4o
be "madewas prescribed 'on May ,
with the threat that if f he - uermans
did not accept the demand the Kuhr
would be -occupied. ' i ' , .
GEKHAifT FOBCXD TO FAT ".
The schedule of payment drawn, up
by the reparations commission called
for the payment of a fixed annuity;
due Quarterly in, installments of 2.000.r
000,000 gold marks ($500,000,000). ' In
addition there was a. variable annuity
prescribed, -equivalent to ? per cent
of German exports.-. '"X i i.'i t"
.-- During-' 1921 Germany successfully
discharged aH -"'-obligations imposed
upon bers i' HdvsBver, ' following . , the
fall of the mark, -the German govern
ment sought a modification of the
payments. At the beginning of this
year the question was considered vat
a meeting of the supreme council a,t
Cannes. and on JMarcfc - tV-i 1922.? the
reparations commission, imposed upon
Germany the' modified obligation kto
pay -i lit '19 J2 In " monthly I installments
the sum of sf 180,600,000 in cash ; and
$; 62,500,000 lis OOnd, This was coupled
with conditions -as to the reform' of
German financial wnethods , "..
iii ii ii i m
Up to June 15 the icsLa.'.raents u:.--T
ri inodiXisd arrangc-Tner.t were paid.
But on July 13 the German govern
ment asked for a moratorium and thus
.reopened the whole question of repara
tions. - .
s Up-.to October 1 Grmsny paid
tOOO.OOO.DOO gold mark..r;$l,750,&o0.
From 'this "sum came' the cost!
the upkeep of the armies of -occupa
tion, 2,500,000,000 gold' marks. ' ;
G ElUffANS TfATE WMIMB" ,
s - fOB, SOtViXU rKOBlEM
P 1 Br ColTrr Bet i !)"
liondon, Dec 2. -The German gov
ernment states that ft will - shortly
present a scheme which will definitely
solve the reparations problem, accord
ing to. a Central Ktws dispatch from
Berlin., ,
.Coincidentally with this1 announce-
car.. a the Eri fx era Ia.ria t..-y
that Premier, Fciacaa-e, with, members
of the French cabinet and financial
experts, held a. "three-hour conference
today on the reparations question.
Cfiicago Stockyards j
! -'Have D75.000rire
- -: h ;-s - -. ' '"' -h :
. . : -tmr vaiua Kmi - .
Chicago, Iec. 25.Forty livestock
commission firms lost their offices late
Sunday when fire .destroyed the third
floor of the - lives toclc building; in the
heart of the Chicago stockyards. Dam
age was estimated at $75,000.-. .f'
untGrmeyer Galls
Vork of Ku. Klux
Medieval Eruption'
. . - i ii .I i . - - w i
Hartford. Oonn Iec.. 15. Address
ing. large gathering of, Jews at a
banquet here today, Samuel TJntermyef
of New. Tork called the Ku KIux Kla.n
a "strange and medieval eruption" an
the civic life of America, , .
; "Hr deriouncetf it as thr. Tno'st re
volting blot on to, fair escutcheon of
ur beloved country and charg-ed it
with "reckless .undertaking to destroy
the foundations upon which America
is based." He called if a conspiracy
tjalnst American l.btrty ami Asri
can instiiuijoas.
Jlr. Cntermyer enumerated the "il
legal. cowardJy and un-American prac
tices of the Kn " Klux Kla n." stating
that there was overwhelming evidence
pf the.-truth of these, rharges.
i He challenged r In particular, the
charge reported to have been made by
the imperial wisard -of the Ku Khix
Klan that: the Jews are not-'a produc
tive pecpie -and' "added nothing to the
sum of human -welfare, and . by. an
array of. facts and figures refuted the
fcharge so far as; the Jews of America
were concerned . and" 'then" pointed to
Falestine 'Which' the Jews are now re
building; as a home -for their homeless
brethren as the "final" and complete
refutation of this charge of unpro-euctlvit-f
against the : Jewish . people
ut I tue hes-t evt;,-.:i'e f 'f t : j- . ive
Stu- of constructive proUuclive c
compiisltments.' -
President -Thanks
rlaimfed: Soldiers
" - ". . , ' rv
, "Washington, Detv JS. President
Harding- Sunday extended the "grU
tude of the nation to the frick disabled
and maimed men jf the country mni
Uty services. ' In hi message to
wounded veterans Mr. Harding exi
preset the wish that the eoming year
may bring them the fullest measure of
restored fortune, , health and pros
perity. . , - '..:
IJccco Herdin Cgog
.Will Be Inspected
tlnKpeetloii'cf ,0rron,- newtnoose
herd -will be made lsisliy A. E.
purghduf, uta game warden, who
was scheduled to leave tonight for
Marshfletd. FIva. young moose' were
released tn Goose eeunty early last fall
after being brought here from Alaska.
Recently arrangements were made for
tha establishment of a game preserve
around Lake -Tank witch and Lake
Tsiltcooa. Burghduff will Investigate
tha .moose, herd couditlou aiul find out
wntuwr proper poeung or the - pre
serve has been carried out. i
WILL BUY
an i AsscnvrirrLOTt
OF-UTTLEi AND BIGI
O VERCOATSm RAlN-fi
COATS, NOVJSLTY;
SUiTS, KNiCKER
S U IT S - A B O UT?
THIRTY GARMENTS'
SOME - AS SMALL
AS 2 YRS. OTHERS
AS LARGE AS 18 YRS J
SOME ' ARE R A R E
BARGAINS.
, t UI r iff
One Week Only
V DEC. 26 TO DECr30!
j AND NOW IT'S SUPER-VALUES E
Neux York
r Seattle
San Francisco
Los Angeles r
' s ' . . .''. ? ' ;- i; p iassMSsaBSBMBaBssassBsassiMsasBsssssassssasssassssassss "'''""" -'-A'""-A----y - . v-,--: :f""
B). B!
A 391 Washji St. -XJ
s- - cw-w'1 . - -k-v - -ii.Mm. iiusssBaasasatt'J
Close
Out Prices : at
Less TKan Clearance
4-.
4. j
4 '
I
'4 !i
January the month of clearance sales
affords wonderful opportunities for the -bargain
seeker. Realizing that prices
elsewhere irill - now be reduced, we 'have
made ' prices here even less than any
clearance sale in the city. ' - - - -
Our reason : We -have but a fetf mors
4 days' before we have.to' surrender these
-premises to the5 new owners. s The Ttier-
chandlse new on "hand .must be sold and -old
quickly. This la why you may buy
.Jtere. at prices even less - than present
: wholesale- cost. Oome--and compare our..
values. Convince yourself. ' "
. Take, for Instance, .'our plush coatsJust
10 of them- but they are splendid values.
Ordinarily coats of this, sort will sell f -if.
29.SO but we've; priced thejn for tomor-
. row's selling at'enly fll.00.-
We've 56 tailored; suits' left now which
we've grouped and are selling at IIS an t
$15.- In the $15 group there are many
models . 'with 'short i Jackets. ileal ft of
spring ar,"altho' they are the late iFW
, arrivals. In tl $25 group there are $65'
and' $t0 suit values.' a few of the better
ones fur trimmed, others plain. ; We post-'
tlvety assure yott that there isn't a suit
In either of .these groups which Is hot sell-
i
r i
f "s Si i
1
V
Ing for less than wholesale cost,, -: . - ,
...'? "--,!",
Equally good values " await you in our, ?
coat department. For example v .We've a, ,
navy Ormondaie "coat, with platinum wolf -collar,
regular value lS5ut our Close-:
out price ts but $7T. if course there are K'l 5
many other models much mere reason-
abfy priced but the birgalns are equally
" pronounced.' - r. - '--- --
j
Saturday night's nrtfitory showed ap " "
, proximately S dresses still on our racks.
15 of which were .wool, the remaining 50.
'art Canton crepe and silks. These dresses -'
Isave been grouped and are Selling for ! -$ll.3
and $!.&. They arc ehk? new .
f v miaeia, oeautuuiiy rmished with An air
t ' t f individuality about every one of them.
t - " - . 5 . Those who wear a else above a 44 will do " , ' "
J . ' f . well .t shop early In tha day. tor our' :1 y
;'' large wises aVa going quickly. ; To an wa ' : - --i
-t'-. aay "If, Tou Seek Real Bargains -Prices I
. ; Less insn Any clearance Sale by all. r- f - J-
. " , ' , - means come here and sea our stock. T0u"ll - t - ; .
- r save money by bo doing. - j ' ' ' - '.
Peterson's Up-Stairs Shop
WILLIAM XfiArSE, Mgr. "
Second Floor Pittock Block
,VA4hintotWcst Park--Tenth St;
8 '
f-3
-4
I
ftr-
It Is fitting: that we close the year with enthusiasm; All our nent-un ffifilinp-s nnr'
it- m make all Portland and v ;
I : nearrby; women as joyous as we are ourselves, f i - . . rp v..; -
; - "j ; si v -, f-! - . '. ' , ' ' . ' : - . ;. , . - : , . ---t - - .-, v V
We Open this Week's Selling Dramatizing the Realization of an Ambition
LEADERSHIP Leadership Beyond the Reach of Any Other Institutibn
i:i , c, iii uie Yvumeu s xveuuy-iu-vy ear Dusiness
Not Content With the Accompul
The Last Six Days WiU
. Giye a New and Pojvver
fully Pleasing Estimate
of the Super Values
;Sweet Sixteen"" Will
Return You for Ybiir'
J ' T ' .... .Jh-
(fUR NEW YORK; BUYING ORGANIZATION and
r our oi New YorK s leadings manufacturers whose
vital interests are centered in the success of this great
institution, has assembled for this occasion a collection
of garments that makes our Values of the past quite dim
beside them.
Nearly:270Q Garments to Sustai
utation for Supremacy, at
"
f. 4
I
Ii
..vii
' ' im i j' 4 in i i .i ' . - a m m fi sn a , i. . m m a t si ssi
Unimpeachable Kep
" ' " .- - ' - -' . ! ' ' 1
If the like of them were available to other dealers they
' would have to pay, as much for them asjyou can buy
;.i
2? uying in such gigantic quantities, often the entire
output of a producer, for our chain of stores, saving the
I manufacturers9 profits in many cases through our.mah-
? ufacturers' connections, and receiving enormous dis
count for our cashi explains in part how these remark
able values are possible, tV
; .f . An amazing contrast stands out in Portland's merchandising
this iveek on the one hand what will be urged upon you from
old stocks and old f asbioris' with the lure of so-called "Reductions,"
and on the other handthis fresh and highly style-seasoned collec
tion of garments with the superTvalue .they carry
We hope that no woman in Portland who has waited for the "Best" Values Of the year and wants to be in the -style
of the moment, wil overlook this great tf-day event ahead of her. See our .windows a perfect Wonderland
1
i -
, the dresses;
Imported Spangled Gowns; Georgette t&t-i .
JTeta and Spanish Lace Party Dresses, Canton
Crepes Tricotines, Poiret .Twills, ..Velvets
and Velveteens. ' - . T, ,
For Women of All Age Sizes 16 to 44
-. ' ' ' "
ssi
'if H'V H-
IH-'I i
111' I
utii x t',tti"',,:,:!:"ii,i
3 i .,Ki",i.ii.'4r-,',in""::.
Wl-f -
-.iysMHSr.-
: THE COATS ;
A. classical? collection of straight line and
bloased Coats and wrappy Wraps, silk lined, ,'
with and without fur collars ; in Bolivias, VcU
dynes and Velours; - also late man-made Top- v
coats.
MMasssssssaaassBssssj..AHa!gr, "t-awg... tjm,,. j.jaBB-jqaJ S'' - - " ' ' - -
145-147 BROADWAY, PORTLAND, i; f 'iff i
1
A.
J