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FREIGHT RATE
1
TURPJE
Lowering of -Transportation
' Costs Definitely Refused
By Inter-State Commerce
' Commission i i
REASONABLE SHARE
PAID SAYS OPINION
Farmers Would Be Injured
f,1ore By Impaired Serv
ice Than by Proposal
WASHINGTON. July 17. Re
ductions In western. railroad rates
on grain, grain products and hay,
sought by ,10 states of the Mississippi-Missouri
valley ' cereal
growing region yonder the leader
ship of Kansas ci, supported by
most farm orgas Jons concern-
' ed,"were deflnit "refused today
by the Interstr:, commerce com
mission. '"'".
At the sar time the commis
sion decide 1 that the results of an
Independent .investigation it had
conducted into the level of rates
on these same products. In all sec
tions of the United States had
demonstrated no need - for any
changes, and proceedings before it
.boating upon both .issues were
dismissed.
One' or two dissenting conwnis-
" slohera did not consider Increases
on other commodities would be
Tequlred,-however. ;
Rate Held Reasonable
As to the United States as a
whole tWdecisioVkaid that rates
on grain and .grain .products and
; Jiay .were reasonable and no de
sirability of even local or region
al adjustments was seen.
There has been a slow but pro
gressive 'improvement in the con
dition of agriculture in th west
ern group - since the com
mission said, adding;, however,
that the Improvement in the grain
rrowinr areas was less than in
'Others. The record of the case. It
h.eld, gave no assurance that there
would be such further increases
,In, topnage of grain, or such re
duction in operating expenses in
the immediate futnre as to enable
the railroads to earn an excess
over a fair return.
Commissioner Lewis in his dis
senting .opinion contended that
the rates on grain, and particular-
Iv wheat, had. been thrown out or
proper .proportion to. other rates
since the war. The commission.
he declared, so recognised three
years ago when lower rates were
rranted for grain ana nay, dui
this reduction, he added, was vir
tuallv wiped out two years ago
when the commission applied the
10 ner cent reduction to other
freight, i
Injure More Than Benefit
Th beset It which would , ac
crue to the average farmer In case
of reduction. In freight rates on
rain and train products gener
ally ia amall. compared with the
disastrous effect I on certain rail
roads' revenues, and on their cred
it. it was declared today in an
opinion handed down by the In
terstate commerce commission.
The commission also found that
the general basis of rates, for the
transportation of grain, grain pro
dncta and hay are not; unreason
ahu or otherwise in violation of
the interstate commerce act, and.
tKA complaint was dismissed. An
investigation previously ordered
was discontinued. -
The case was originally brought
on complaint, of the Kansas pub
lic utilities commission and later
nn the commission's own motion
was made general, affecting all
the railroad and all the grain
rates in the, country.
Purchaser Meet
PORTLAND, Ore., uly - 17.
Tnrchasinz a cents from Califor
nia. Washington. Utah and Ore
gon gathered here today for the
ooeninr of their three day con
vention to further the economic
developments off the Pacific coast
Three , hundred men, who hold the
parse strings of coast buying com
panies registered lor .the comer
ence. The delegates represent
the largest .buslnsss on the coast,
Involvlncr expenditures of ' more
than 12,000,000,000. ": ' -
THE WEATHER
OREGON Cloudy with mod
erate temperature Friday;,
moderate northwest winds.,
SLAYER OF TWO
PAYS WITH HIS
LIFE IN MONT.
Seth Danner Guilty of Mur
dering Husband and Wife,
Hangs Today
BOZEMAN. Mont., "July 1 7.
Seth Orrln Danner, convicted mur
derer of Florence Sprouse.jand
also charged with 4he murder of
her husband, John Sprouse, at
Central park, on the Yellowstone
trail, November 14, 1920, will pay
the penalty of his crime by bang
ing in the, county jail here some
time between' midnight : tonight
and. 'dawn. . . 1 ' .!' ':
The prisoner is showing no sighs
of breaking down and', declares
with a smile that he has made his
peace with God and will , go to
the gallows with " a clear 4 con
science and happy in the thought
that he will soon be in heaven.
The prisoner, jwho has spent
much of his time in jail,, especially
since the verdict of death was pro
nounced by, the jury at the trial
ast .October, in studying the -Bi
ble, enjoys arguing , with Visitors
and the death watch upon Scriptu
ral problems, i J j
Sues Leopold and Loeb for
$1 00,000 Judge Oppos
es Broadcasting Trial
CHICAGO. July 17. Details, of
the alleged . assault, which Mrs
Louise Honley, mother of three
children, charges ' were made upon
her by .Nathan Leopold, Jr., and
Richard Loeb; accused of kidnap-
ng and .killing Robert Franks, a
neighbor boy, .for excitement, were
revealed in a declaration filed to
day in the superior court in her
$100,000 damage suit against the
n.llUnii.l.a.r.nn.
Mrs. Hohley, f who X lied the
praecipe -in .the suit a .month ago.
charges that she was kidnaped
from in front of a theater and
assaaled by two youths In an auto
mobile. She declares she recog
nized the two youths as her assail
ants from newspaper photographs.
She also charges that her : life
has ' been threatened since she
filed th suit.
Plans to broadcast the trial of
the youths, opening August 4, by
radio were frowned upon' today by
Judge John R.'Caverly, chief jus
tice of the criminal court', who
will hear the cases. He said he
would lay the matter before the
board of governors of the Chicago
Bar association and a committee
of circuit court judges.
Hundreds Lose Lives in
Severe Chinese Flood
PEKING, July 16. (By The
Associated Press) The loss Of
life from the flood which partly
destroyed Kalgan, Chlhli province.
early in the wek, is estimated at
700 and the property loss at two
million dollars, j
The losses occurred chiefly in
the congested section ot the city
adjacent to the trading center. !
The cause of the flood was the
destruction of a protecting dyke,
following he heaviest rain in years.
ELECTRICAL STORM
S
Thousands of Trees Uproot-
tii ' i r. '
eu I cicpiiuiic uiiicis uuwn
Lives Endangered
ST. j LOUIS, Mo.. July ; 17. In
the severe electrical and rain
storm j accompanied by a : high
wind which swept central and
northeastern Missouri and St
Louis early this morning, uproot
ing thousands of trees, disabling
telephone and electrical lines and
Imperiling the lives of thousands.
was noted the vrtual absence-of in
juries..' . L
In St." Louis where the greatest
damage was done, only one minor
injury was reported while reports
from the interior of the state in
dicate no persons were injured
Sixteen fires started here 'during
the storm but ) were quickly ex
tinguished. I
The loss of fine old shade trees
whose value cannot be. definitely
estimated, the disabling of 12,000
telephones and 20,000 of the city's
electric light 'connections and
temporary interruption of telegra
phic service constituted the chief
loss In St. Louis, estimated - at
Mm TELLS
ATTACK STORY
DAB ST
LOW
1200,000,
THIRD TICKET !
LEADERS MEET
Vice Presidential Nominee to
Make Race With La Fol
lette to Be Chosen in Con
ference Today
.1
BRANDEIS HELD LIKELY
PROGRESSIVE CHOICE
Doubt Expressed if Justice
Would Retire From flench
, to Make Race
WASHINGTON, July 17.
Leaders in the La Follette-for
president movement will begin, a
series of f conferences here "tomor
row, which are expected to result
not only in the selection of a vice
nresidentlal candidate but In a
definite Campaign program.
The national committee pt the
Conference -for Progressive Politi
cal action, which Senator La' Fol-
lette's independent candidacy, at
its Cleveland convention, will
meet to. name his running mate
and to discuss a wide range of
campaign problems,, chief among
them perhaps the question of fi
nancing their movement. .
In addition to agreeing upon a
financial " program the committee
hopes before the end of the week
to endorse a vice presidential can
didate acceptable ' to Senator "La
Follette. A dozen or more names
have been" mentioned for the post
by friends of the senator but talk
today centered chiefly around As
sociate Justice Brandeis of the su
preme court, who. is understood to
be held in especial esteem .by
Senator La Follette.
Whether Justice Brandeis will
accept the endorsement, necessl
tatlng as it would his retirement
from the bench, has not been
established.., -. :':m -
Content to leave preliminary
campaign details In the hands of
others Senator La Follette con
ferred today with one or two I of
his friends, then spent .the rest of
the- day reviewing his .legislative
record. Material being assembled
by him will be used in the cam
paign, particularly with a view to
showing his friendly attitude to
ward organized labor. ,
SfflD PROTESTS ;
SCHOOL CL0S16
Presbyterians Against Ac
tion to Bar Alaskan In
dians From Chemawa '
EUGENE, Ore,, uJly 17.--Dr
Robert E. Speer, secretary of the
foreign mission board ot the Pres
byterian church and regarded by
many church men as the leader
of Presbyterians in America, was
the principal speaker at the Ore
gon synod today. He- discussed
the difficulties faced by mission
workers; In China. "China," said
Dr. Speer, "is a derelict, the big
gest derelict ever afloat on the
waters of time." Causes of the
breakdown he saw in the fact that
China is doing in a " generation
what It took Europe 30 years to
do, undergoing at one a renais
sance and reformation. '
A resolution that the synod
stoutly protests to the Indian de
partment of the United States
government against 1 closing ; the
Salem Indian school against Alas
kan children until a school for
Alaskans has been established.
was passed today." -
Suicide Jate is High on
Coast San Diego Leads
NEW YORK. July 17. The av
erage suicide rate of 80 American
cities for the year 1923 remained
at. 15.2 per 100.000 of population,
th'e 1922 figure,, the spectator, an
insurance journal announced. The
paper pointed out that this reflect
ed a. nationwide prosperity.
. San Diego, according to the sta
tistics, continued to have the high
est proportion of suicides among
the cities considered,' the rate
.there beng - 50.5. The Pacific
coast generally, as in former
years, had a high rate, the jour
nal said, while in cities - of the
Lake region thet rate ,was low
Suicides were reported as particu
larly few in the coal and Bteel dis
tricts. - .
JAP INVASION
OF MISSOURI'S
LAND HELD UP
Colonization Project Held to
Be Impossible Because
of Land Laws
JEFFERSON CITY, Mo.. July
17. Invasion of southwest Mis
souri by Japanese on a coloniza
tion project is virtually impossible
it was said at the state legal de
partment today. ! Officials declay
ed that such a project would he
prohibited by Missouri's anti-al
ien land laws and that the Ozark
regions seem to j have ' been "un
duly agitated." by reports that
some 25,000 Japanese were to
leave California and buy farming
lands In Missouri.
IRS
G. W. Lott 'Avers That Fair
t Grounds Races Will Be
I Made Safe By Police
G. W. Lott, manager ' for ihe
Oregon Auto .Race Drivers' asso
ciation, was in Salem yesterday.
lie told the reporter that this
association Is composed of all the
race drivers of this state; .27' of
them, and that j 12 of them are
from Jackson "county, where ; they
hold .the best race meets, of the
country.
I He says he has signed with the
fair board for races on. the state
fair grounds on the last Saturday
of July, August! September and
October, "on the ! part of his asso
ciation, i First race. Jhily 26.
He says It is proposed to have
the best police protection ever
had on the track; to make it sat
isfactory to everybody or not' race:
to lock the gates after the crowd
Is. in, and bar everybody from the
inside field, except the drivers and
mechanics.
" Have Made . Arrangements '
: He' says the association has
gone ahead and made the' arrange
ments 'for the races; that Frank
Irwin, chief ' of the "motorcycle
squad of the j Portland police
force, will : furnish eight 'motor
cycle officers and 'start the races
himself." 1 ' r ' '
He says Frank E. Watkina,
Guy E. Dickenson and A. M.
(Bert) Lee' will represent the
American "Automobile association,
and their intention is to make the
track absolutely safe' and dustless.
The referee Is 'to be Mr. Pen
dergrass, and the ' timers Geo.
Adams of the Covey Motor com
pany and Mr. McKinney of the
Franklin Motor; company and Mr.
Harper of. the Zenith Carburetor
Distributing company. The state
fair board is to be in Salem to
morrow, and Mayor Giesy has
been Invited to take any objec
tions or suggestions up with
them. " i '
Democratic Ticket Is
Contradiction Watson
i LACONIA. X. H..MuIy 17. The
democratic ticket,; Tavis and
Bryan, was described as an "im
possible mesalliance" here tonight
by Senator James E. Watson of
Indiana, in a speech .opening the
republican campaign in New
Hampshire. 1
: ''Judging by te usually accept
ed standard," said Senator Wat
son, "Davis is an ultra-conservative
while " Bryan ,l an extreme
radical. Davis is safe and sound,
while Bryan's mind is running
over with fads and vagaries.
m is
MEETING PUCE
About Two Hundred Cattle
Fanciers Attend Gather
ing of Breeders
j The meeting yesterday of the
Holsteln breders and their friends
held on the Meadow Lawn Dairy
farm near Salem, owned by F. W.
Durbln & Son. was one' of a. series
of meetings that are being held
throughout the; state, the national
state and county, association co
operating.- Approximately 200
people , visited the farm.
Judging cattle was the order of
the forenoon., a number of club
teams from throughout the county
competing. Early in the forenoon
Earl S. Cooper, who Is in charge
of the boys and girls club work
of the national association, 'in
structed the bQysjuid frls regard
ing the confirmation of an ideal
BOOKS AUTO RAGES
FOR
FQ1U
Hi
f. (CoUau.ed.pp ,pAe .1 J
COUGAR TRACKS
ONLY EVIDENCE
OF APED BEAST
Expedition Into Spirit Lake
Region Discredits Report :
of Wild Men v
KELSO. Wash., July 17. Only
tracki of cougars- were found
where aped beasts were said to
have been seen in the Spirit Lake
region by mining prospectors last
weekj It . was reported by Dan
Parker, Frank Eein and - Roy T.
Dailey, who were the first of a
number, of men ta make- an ex
pedition into that section, when
they jreturned to Kelso this morn
ing.- They completely discredited
the report that Wild men had been
seen there, or had made attacks
with rocks
0
-44
Aviators Better Smith's Mark
By Staying in: Air 37
Hours 15 Minutes'
CHARTERS, France, July 17.
(By
he AP.)r The airplane dura
tion
record of 37 hours, 15 mln-
utes,
48.8 seconds, made by Lieut.
Lowell H. Smith and Lient. J. H
Rlchter, USA, at San Diego in
1923L was broken today, by .the
Frenchi aviators Co u pet ... and
Drouhin in a f lrght which lasted
37 hours,. 59. minutes, 10 seconds.
Coupet and Drouhin started at
5:02; a. m. Wednesday in an ef
fort to break the'recprd for dura
tion of flight' and' distance with
out Receiving supplies while aloft.
The machine of Smith and Rich-
ter was re-fueled in the air during
their! i record breaking flight.
Wheb the Frenchmen left the
ground It was estimated that they
had sufficient gasoline to fly for
ijO hours.' When they landed there
was jln the tank sufficient fuel for
eight hours more of flying.
Judges Vote to Uphold
130-Day Divorce Filing
SEATTLE, July 17. A -propos
al to. have stricken. the provision
requiring complaints . in divorce
cases to be filed 30 days before
trial, was voted doWn at the. an
nual convention of ' the Assoc ia
tion of Superior Court Judges of
Washington state here, today.
It was the opinion of a major
ity jof the" " convention that the
present su-aay xiung in aivoree
cases should be maintained in or
der to preserve the. stringency of
divorce laws in the state.
Earthquake Felt
EUREKA, Cal., July 17. A sc
vera earthquake which was felt
hero this evening at 7:24 lasted
several seconds. No damage has
been reported
Headquarters in Southeas
Part of City Demolished .
By Victor
btaging arprivate raid all by
himself. Officer Victor,' whose beat
includes the Southern Pacific ter
rltofyj and the southern part of
the . city, completely demolished
the hobo "nest" along the railroad
adk due east from the Oxford
baseball park. All inflammable
stuff was burned while the re
mainder was, demolished.
'jThe hoboes hare been left un
moiesiea until property owners
began to complain that they were
losing various articles, including
quantities of vegetables through
raids upon gardens," Officer Vic
tor isald. "As long as they did not
disturb anyone and I could keep
an jeye on them I left them alone.
They brought' it upon themselves."
Stolen quilting frames were used
as tent poles, and two good shel
ters had been erected of burlap
andj roofing paper, .which had been
appropriated.. A ID-gallon lard
can, partially filled, three tables
and some benches, a quantity of
knives, forks and salt tellers and
empty milk bottles were destroy
ed, along .with a nearly complete
line; of cooking utensils.
One .entire crew is run out. one
night and the next night the camp
is filled with strangers, according
to Officer Victor. Occasionally a
hobo is found to have established
temporary headquarters ,ln the
"bum summer lome."! ' Any .effort
to rebuild the "nest" will be dealt
with in a drastlr manner In the
FRENCHMEN
ORATION
RECORD
FfSoboes
futhre. . .
IN EDUcB
IS HELD NEED
Arthur Walyn Evans Ad
dresses Capacity Audi
ence at Chautauqua on
Subiechof Schools
DUO ENTERTAINERS
HEARD IN AFTERNOON
Range of Musical Presental
tions Delights Hundreds j
j at Big Tent
"The heart of education is the
education of the heart." declared
Arthur- Walyn. Evans, Welch ora
tor, in addressing a capacity audi
ence at the Chautauqua tent, last
night. Mr. Evans spoke highly of
the wonderful new buildings
throughout t the country but de
plored the fact . that teachers were
not paid commensurate with I the
buildings. Of the 680,000 teach
era in' the i country, 250,000 j are
still in their teens, he said. The
speaker advocated men instructors
for high school boys, and regretted
that coaches are paid more than
professors of other: subjects. ;
Illiteracy Causes Trouble' -
' "Illiteracy has caused the main
trouble in such countries as Mex
Ico, Russia and China," Mr. Evana
e-ald. "Japan does not have to
back down to anyone and can hold
up its head. because of educational
facilities.. j
Discussing religious education
in schools, the speaker said that
this cannot be entrusted entirely
to the Sunday school. He advo
cated religious day schools under
the educational system, each
school to the sponsoring church.
with r teachers paid as much as
other teachers, and full credit be
ing given for the work done by
the students. (.
1 Crime Basis Seen
Touching upon the subject of
crime, Mr. Evans said that a ma
jority "of criminals were mere
youths and still in their teens, lie
held that the cradle of crime Is
in the heart, and that recovery
la dependent upon education.
It is somewhat unusual for the
same group of j entertainrs !o
make a second appearance on the
same circuit. But this is what
(Contint'.d on page .)
Youth , Who Posed as Son jof
Justice Brown Arrested
Yesterday
Harold Brown, wanted In Mar-
Ion county on a charge of fraud
In obtaining money, has been ap
prehended at Eureka, Cal,; ac
cording to word received by pis
trict i Attorney John Carson yes
terday. Sheriff Bower dispatched
a message to the. sheriff at Eu
reka pending the arrival of a war
rant for his arrest to answer local
charges.
Brown Is said to have repre
sented himself as the son of Jus
4 ice George M. Brown of the isu
preme court, and to have victim
ized aj large number of people In
Marion county in the vicinity of
Salem by 'taking "subscriptions"
for the Oregonian, Brown told
his victims that he was working
for a scholarship to put him
through college. By . using the
name of Justice Brown he was
unusually 'successful in obtaining
money for
tions.,-LJ
the supposed subscrip-
Liauor Violators are
i Fined in Dallas Cour
DALLAS. Or.. July 17. Work
ing in conjunction, officers from
the state prohibition enforcement
office and denuties from the
sheriff's office hefre haVe j been
making a .series of raids on sus
pected liquor violators in Polk
county. As a result E. Alleman
residing between Monmouth and
Airlie, was arrested and pleaded
guilty of possessing about 70 gal1-
lons of wine. He was also charg
ed with its .sale," which he admit
ted. A fine of $150 was paid.
D.. Patton of the Ilopville dis
trict, charged with- possession of
liquor, Ralph Porterfleld, also or
Hopville, charged with possession
ot ft still-worm. , . ; . .. .
MPOSTFR nARRFD
AT EUREKA
Premier 1 Herrio t's
Power in Balance
' : , .-'i- : ' ' ; - A
If vmK 7 it
i JJ i
Baft air rl ii"--r- iMi.iw.-iwiMMtM
"1 ! -
j Premier Ierrlot
.The! inter - allied: conference
which 'opened in London Wednes
day for the purpose Of devising ;a
workable solution to the repara
tions question also holds in the
balance the question- of Premier
Herriot's position as spokesman
for France. Any reduction-'in the
authority (of the reparations .com
mission, which France dominates,
probably would endanger the -con
tinuance of negotiations and mean
the loss of power forj Herriot
IDG FLIER
S FOUND Sfi
British Aviator arid Compan
ions, Missing Since Wed
.! nesday, Located
i
TOKIO, July i8,-4-(By the As
r
Boclatedi Press.) A. Stuart Mac
Larent, the British aviator on
flight! arsoundThe world who . has
been mikslng since ihe left Lake
To8himoye, Tetbrofu island," for
Paramashiau, Kurile islands, ear
ly Wednesday morning, .has been
foundl j I j !
MacLajren and his companions
were jfoujnd safe tin a bay on the
southwest shore of yruppu lsiana
the" iaJaild adjoining Yetorofu is
land front which the aviators
started jtVednesday. morning. The
news was received 'in a , wireless
message jfrom a steamer off 'Urup-
pu island, picked up by the Japan
ese dst-oyer Isokaze. this morn
ing. The Isokaze is preceding to
Urupriu Island.
Clem Shaver Is Certain
Tb Be Bourbon Chairman
NEW YORK; July 17 Al
though Iformal announcement is
still withheld, there ;is every indi
cation! tjhat j Clem L. . Shaver of
Fairnioubt,' W. Va.,ihas been sel
ected j asj chairman of the demo
cratic national committee In which
capacity jhe will conduct the cam
paign j fqr John I V. , Davis, the
democratic presidential nominee.
Announcement, of this selection
and of he general
campaign- or
ganization is expected to be made
before Mr Davis leaves New York
tomorrow evening jfor - Islesboro,
Me.
Wor
a
d Aviators to Stop Over
Week for Overhauling
and Repair;! Work
BROUGH, England, July 17.
(By Associated Press.) Flying
f rom I Cijoydon this morning, - the
Americajn aviators on their round
the ror-ld cruise reached " here
where their planes are to be over
hauled for the last
air voyage, i r
stage of their
A jbigj force of mechanics this
afternoon began - to prepare for
the Installation of j new . engines.
LThe firsft inspection' of the brace
stays, bdlts and other parts show
ed that the planes were in splend
id condition. j
The rirospectiof an early flight
from; Kirkwall J are:, enhanced by
the news that destroyers and other
available vessels will be distribut
ed along the route from the Ork
neys toj India harbor, making the
transportation of : supplies which
havei slot yet reached Greenland
an easy matter : and providing for
a quic? change of base if neces-
E
pMeBbdueh
SdIBeet
Progress Made Toward So
lution of Reparations
Question and course of
Affairs Satisfactory to All
CONFERENCE PASSING
MOST CRITICAL PERIOD
Scheme 'for Receiving Ger-
many's Payments Is
Completed
LONDON, July 17. (By As
sociated Press.) -The Dawes plan
for a reparations deal intended' to
be devoid of sentiment and politi
cal ; and nationalistic feeling is go
ing' through ' the most crltcal per
iod of its existence under the scru
tiny of the experts, who spent the
second day of the Inter-allied con
ference' at work In the committee
rooms in Downing street. Tonight
it . was authoritatively stated that
America's official, observer. Am
bassador Kellogg and his adviser,
Colonel James A. Logan, Jr., and
the prime ministers of Great Brit
ain, France and Belgium were
highly satisfied' with the progress
made. The British are" said to be
particularly pleased because the
deliberations; are-keeping close to
the vital' purpose-for which the
conference - assembled, . that' of
the proposals embodying th
agreement is ready for the approv.
al of a plenary session of the con
ference which will -be probablj
Saturday.;
: One-Third of Work Done. .
Thus a third of the work laid
out for the conference has been
accomplished within 3G hours of
Premier MacDonald's formal wel
come to the delegates. But the
most optimistic of the envoys who
haye gathered in London to put an
end to the reparations wrangle of
the last six year's do not sugggest
It Is most -important or the most
difficult third of what is to be
done before the Dawes .plan is
effective.! , - t .
; - It is pointed out that making
plans for receiving and distribut
ing reparations was easy sailing,
but the real , rocks around which
the allied plenipotentiaries must
steer a careful course lie hidden
in the two sub-divisions of the con
ference known as committees one
and two. The first is dealing with
the problem; of creating confidence
for an international loan for Ger
many and the second the question
of an American member of the re
parations commission as arbiter of
the subject of defaults.
Herriot's Power lnaangered
All this must be accomplished
wjtbout diminishing the authority
of 'the reparations" commission,
thereby endangering Premier Her
riot's position te spokesman of the.
French government at the liondon
meeting. ; -' V-
Another problem before the
committee is'whaffcenaltles to in
flit if Germany wilfully defaults
under the. Dawes schedules.
I Committee two, which Is at
tempting to devise means to re
store the fiscal and economic unity
of Germany, has encountered dif
ficulties owing to the French re
quests for- assurances that an in
ternational loan upon r which the
whole working of the Dawes plan
depends, shall be underwritten be
fore the question of German unity
is brought up.
It is understood that even the
British treasury experts are not
altogether sure about the flotation
of a big loan but foreign office of
ficials maintain that this point Is
one for the . bankers and rePara
tlons commission and need have
no disastrous" effect upon the
broad lines which the present con
ference should seek .to maintain.
dn the question of sanctions in
case of iB German default, the
" t Continued on pace 71 !
Many. Bargains are offered daily
through the Classified columns of
the Statesman; See page. 6 and -7
today, . . ,
1 J