Daily capital journal. (Salem, Or.) 1903-1919, September 03, 1915, Image 1

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'' "" ' """ " I - ,. , - .,. ,,
S .
' FULL LEASED
WIRE DISPATCHES
r.
CIRCULATION IS
OVER 3900 DAILY
)Jt j(c sc )s st sc jjt jt sc !c sjc s)c )t
THIRTY-EIGHTH YEAR SAM5M, OREGO PRICE TWO CENTS gmigFSg
GRODNO OCCUPiED I - T0 navy league, call j TRODPS BATTLINGENGLANO IS NOT SUJSS3 PEACE IS IN 1
"JSJli. ' ran to meet A, f arnin
Hi HIES ( IN DENSE BRUSH GERMAN TERMS - 1 WAR MAY END
After Capture of Fortress City
Across River Is
Taken Also
ITALIANS HAVE TAKEN
FORTRESS OF ROVERETO
Berlin Reports British Trans
port Sunk At Dardanelles
By Mine
Berlin, via wireless to TiK'kerton,
Nept. 3. 'Field Marshal Y'ou Hindeu
burg's forces have captured the fort
ress of Grodno and also occupied the
city, au officiul statement anuouaccd
today.
After taking the fortress the Ger
runns crossed the Niemen river to te
city, where they engaged the .Russians
in a desperate street battle.
While the Germans about Grodno
were scoring their victory, other forces
further north crushed resistance offer
ed by the Russians in the Vilna region,
inflicting heavy losses, it was announc
ed. More than 301)0 prisoners were
taken by part of Von Hiudenburg's
forces and further gains are reported
on the southern front.
Reporting the occupation of Gioluo,
the official statement added:
"Other Germans reached the Niemen
between the Aiigustowo channel and
Swislocz. Our cavalry stormed Lena
wardeue. "Following a 10 days' bombardment
we captured the bridgehead at Lennc
wade, northwest of Friodrichstadt.
Cavalry swam the river and aided in
taking the position.
"Southeast of Meretsh, the Russians
were thrown back. Too troops of Gen
eral Von Oallwits: broke the resistance
'filong the Alckszyzc-Swislocz road.
"Field Marshal Von Rindenbnrg
took more than 8000 prisoners yestorday
and captured one cannon and 18 ma
chine guns.
"Prince Leopold continuos the en
gagement north of Prushany.
"Field Marshal Von Maekeuaeu, in
"pursuing the enemy, has reached .Insi
olda and "also the district east of Ko
brin. "
The Russian Report.
Petrograd, Sept. 3. The fortress of
i.rouno lias surrendered. Tuougn this
last fortified position of the Kovno-
Brest-Litovsk line is in the hands of
the Germans today, the city of Grodno
is still held by the Russians. The re
tiremeut of the main bodv of the fort
ress garrison is being made iii good or
der to the right bank of the Niemen
river.
Au official statement from the war
office today admitted the evacuation
of the fortress. Tiie withdrawal of the
the Slav garrison followed the capture
or severnl of the outer defenses west
of Grodno and the arrival of fresh Ger
man forces and guns, which made its
npture inevitable. The fortress was
held only to cover the withdrawal of
the Slav forces retiring to the north
find east, and with this rotreat accom
plisiied further resistance was aban
doned.
No booty fell into the hands of the
Germans, as the same tactics observed
tit Warsaw were cmploved in the evac
nation of the fftrtress. AM ammunition
mid guns were removed and mounted
on the right bank of the Niemen, When
the Slavs evacuated the Germans were
prevented from crossing the river and
occupying the city. At Warsaw the
garrison first retired to Praga from
where they shelled the victorious Ten
tons for several davs.
The Russians' lines are now being re
formed east of Grodno under cover of
tlio Slav artillery holding the city. No
surprise was caused bv tho evacuation
if the fortress, after a siege of only
three davs.
The German forces which captured
"lita are now only yiree miles from
the Vilnii Grodiio railway. Other Teu
tonic forces are southeast of Grodno
and retirement from this .dangerous sa
lient was imperative. It was officially
admitted tolny tiint the Russian forces
u the southeastern front may almndon
alicia entirely! They aro retiring to
new positions utnl with the occupation
f the new line the territory conquered
"triy in the wnr will probably be com
pletdy abandoned.
'n the extreme north front where
'lie Germans are making a thrust at
I'ilna, the situation is declared to he
unchanged. About Kriederiehstng
Heavy enemv forces have been innssed
I'esrernte resistance is being offered
there by the Slavs, who retain all their
positions.
Italians Capture Rovereto.
Home, Sept. H. Italian forces are
"lowly occupying Rovereto today,
Kvaciintiiin or the citv about whi
desperate fighting has been in progrcs
a negun by the Austrian yesterday,
The forts were blown up by their de
fender nnd the Aiistrinns are now re
treating upon Trent, 13 miles away.
Herore starting to withdriw, - tue
enemy forces demolished Italian monii
(Coutinusd on fttfo Six.)
V.t 1 v L ... f- .... ...... A --cttl
Y;2: i V . "we Mexicans, Including High Official Authority States I . 1
O X4 ! V !C One Wodian, Are Al- That Asquith's Speech Still V V
Li ! . reaiyKilled Holds Good
' RAIDERS ARE DFSPFRATF pt. s.-n the hiKhe.t of- I s' r'
JJ - g ' IAlUJLJJftlUiULjrLIllL fu-iol authority, thp lTnito.1 States was " ,jf
Is-.' wi- I FIGHTING FOR THEIR LIVES
towarl pence has not changed since l ft N iJ
T' ' i t , 1 J Premier Asquith outlined the British II . ? WZS
Top, Mrs. William Gumming Story
(left) and Mrs. Daisy McLaurin
Stevens; bottom, Geneveive Clark
Thomson.
Washington,- D. 0., Sept. 3. (Spe
cial.) Ten national presidents of wo
men's organizations, representing a
combined membership ot over half u
million, have promised to serve the
woman's section of tho Nuvy league.
the first woman's national defense org
anization, on its national committee.
These women assured the section of cor
dial support, and it is said the raaioritv
of the membership they represent will
line . up behind the national defense
banner.
The ten include:
Mrs. William Gumming Story, presi
dent general Dnughtors of the Ameri
can Revolution; Mrs. Clara Rogers
Bleak ley, New York City, Daughters of
the Revolution; Mrs. Mary A. .Tamioson,
Marine City, Mich., president Ladies of
the Grand Army of the Republic; Mrs.
ii. Nierman. president, Dames ot
the Loyal Legion; Mrs. William 'Gerry
Slnde, New York City, president of
general Daughters of 1812; Mrs. Waisy
Mel.anrin iMevcns, president general,
United Daughters of the Confederacy;
Miss Frances Whitnkor Baker, Wild
wood, N. J., national president Chil
dren's Auxiliary, Woman's Made in U.
s. A. league; M rs. Charles H. Mnsury,
Dnnvcrs, Mass., president Daughters of
the Union.
Clark's Daughter to Serve.
Mrs. Genevieve Champ Clark Thomp
son, daughter of Speaker Clark, has ac
cepted as national committee member
of the section from Louisiana.
Mrs. Thompson is enthusiastic on
the subject, of national defense and be
lieves that the women of the coi.ntry
can and will awnken a great sentiment
in behalf of sufficient defenses. Mrs.
Thompson also has been selected os one
of the judges who, with Julia M.r.'lowc,
Duvid Belusco, Col. George Harvey, and
others will decide the contest tor a
word creed of national defense. This
has brought hundreds of entries. Among
one of the most striking is the contribu
tion of Miss Frances W'hitnker Baker,
daughter of Representative J. Thomp
son Baker, of Wildwood, . ,!,
Miss Bnker turned in the following
suggestion for a "creed of national de
fense: 'I believe in national defense be
cause it will save us from the violence
of enemies and from every evil of ag
gression to which wo may be exposed.
(rr i r c
r reeaom ui oeus iviusi
Be Defined By Germans
(By J. W. T. Mason.)
(Written fyr the United Press.)
New York, Sept. 3, What Germany
means by "freedom of the seas must
be defined before peace Is passible in
Kuroiie. Dr. Dernburg was the first
spokesman to announce that Germany
1 . . . . . a . I. a
would continue to ngni until mis irer-
dom was secured, lie declared this
while in New York. Hut he did not de
fine it in detail, nor has any German
statesman attempted to.
Jt is a curious fact that there is sOtremc mis lor lis purpose tun aoontioii
much vagueness regarding the basic j of the blockade ami contraband from
principle which Germany insists hug-j
land must admit before peace is nego-
tiable. Germany is fighting tor a tor-, venting hostile troops irom neing nans
inula that has liot been worked out, or iiorted end assisting in making land
that gives different results to different mgs. Freedom if the seas would apply
persons. Insistence on n generality and to an enemy's foreign trade whether
reluctiiiice to discuss details, usually the enemy possessed a navy or not. In
implies that a nation is not sure what, the present war it would prevent the
it can get ind wants the other side British from blockading Germany. Iur
to begin talking first. lug the civil wnr the south could have
Kngland, in fact, has begun to talk traded with Kurope. obtaining, perhaps,
first. Sir Kdward Grey declured free-a decisive advantage.
THE WEATHER
vote !M
Oregon: Fair to
night and Satur
day; n o r t h e t ly
winds.
10 iwiii w
C5 &
It will bless the labors of the husband
man with security and enable us to
work in quietness and eat our broad in
safety nn'd happiness. It will tench our
children how to preservu this nation for
themselves and for nil geuorarions, and
luild up in their lue.rts u love of count
try that tho chaiift'is and chances of
this mortal lite cannot take nwsy.
"I believe in muiciuil "defense nc
cause it prepares the- way for the com
ing of peace and because we, surely
t.usting in tho might of a righteous
people, may not t'.'ar the power of nny
adversaries.
Must Be Strong Nation.
"I believo in nntional defense be
cause I want my country to bo a strong
nation among the strong, nnd a pro
tecting friend "of the weak. 1 want it
to stand up in the councils of the na
tions nnd be able to demand that wars
and tumults shall cense, at least in the
western hemisphere.
"I believe in national defense be
cause in' days now past our valiant
forefathers fought for the freedom we
onjoy and which we should be prepared
to defend, especially in these times of
world wars and apprehensions. The
percious heritage of liberty they be
queathed to us should be our high con
cern and be placed above all thought
of mnterial advantage or individual
gain.
"I therefore pledge myself to tho
cause of national defense and will en
deavor to be a patriotic servant of
the republic to my life's er.'d, and do all
that in my power lies to secure my
country from the hands of every
foe."
nr-i
dom of tho sous was n reasonable sub
ject for discussion if linked with guar
antees binding Germany as well as Eng
land. Germany has nut yet replied
whether this is her understanding of
the meaning of the subject. Such guar
antees would be extremely difficult to
arrange, but with a determination on
both sides to reach a practical result,
the effort could be begun through a
limitation of armaiiieut.
This is one extreme of the meaning
I of freedom of the seas. 1 he other ex
future wars. Lmler this interpretation
the use of the navy is limited to pre-
INVESTIGATE ACCIDENT.
Seattle, Wash., Kept. 3. Coincident
with the beginning of the work of rais
ing the steamship Admiral Watson,
sunk by the steumer Puiuiso, as the
Wutsou lay nt her dock here Sunday
morning, an investigation was started
this morning by United Staten inspect
ors. WILSON MAT COME WEST
Washington, Sept. 3. Rumors thut
President Wilson will visit Han Fran
cisco were revived here todny whon
the White House announced the presi
dent nuuld not return to Cornish this
yeur. It was denied, however, that he
pin lined any western trip.
Aviators Located Murderers
of Donaldson and
Smith
i
xas, Sept. 3. Ameri
can soldiers sut'ounded the Mexican
murderers of Karl Donaldson and .1.
II. Smith, in the brush near Fresno to
day. Karly this afternoon the bandits were
battling for their lives. Three Mexi
cans, including one woman, have nl
ready been killed.
Reports here declare a baud of .r0 or
00 raiders faces annihilation.
Aviators, scouting ahead of the Am
erican troops, located the Mexicans.
They could not drop bombs nu the
bandits for fear of hitting soMicrs who
were scattered throegh the brush nnd
closing in.
The brush where the Mexicans are
making "their stand is so thick it is im
possible to sec more than a few feet,
ahead. When the enmp of the Mexi
cans was located, however, it was im
mediately raided, and the bandits, hav
ing been forewarned when the aero
planes were sighted, took to flight.
Animals which wre stolen by the raid
ers yesterday were recovered and a
quantity of dynamite was found in the
Stanley Dodd, the surviving member
of the trio of Americans kidnaped yes
terday, said Smith and Donaldson were
tortured by tho Mexicans before be
ing killed. The bottoms of their feet
ware cut off and boiling water was
poured over them, Dodd declared. The
heads and bodies of the two Americans
were riddled with bullets.
A Moxicun wlio was killed in a
skirmish at dusk yesterday, when Dodd
nseaped, wore the uniform of n soldier
of the Matniuoras garrison.
Posses are forming throughout this
region today and practically everyone
is armed in anticipation of n general
border battle.
Whole Border Aroused.
Brownsville, Texas, Sept. 3 The en
tire border country was again stirred
up today, followiug the kidnaping and
killing of two Americans by Mexican
bandits. United States troopers were
combing the brush for traces tif raid
ers, while civilians were armed and
prepared to protect their property. One
Mexican was killed in a running fight
with soldiers late yesterday and the
bandits were still being trailed today.
Karl Donaldson, J. Ii. Smith ai'nl
Stanley Dodds, a contractor, were kid
imped by the Mexicans.- Dodds was
liberated, but the bodies of the other
two men were found near the scene
of their capture. They had been shot
to death. The pumping plant owned
by Dolds wns burned, considerable oth
er property in the district destroyed
and livestock stolen,
Try to Steal Cattle.
Nogules, Ari.., Sept. 3. A bond of
Mexican mugcis attempting to steal a
herd of rattle from the Kd Holler
ranch, one mile west of here, today
was rounded up by Line Rider Glover
ami 10 soldiers from the Twelfth infan
try. Surrounded, the Mexicans fought
until one fell wounded. Two surrender
ed and four escaped over the border
into Mcxiro.
The prisoners said they had been or
dered to raid the American side to get
food fur Nogulcs, Sonera, where Gover
nor M;iytoienii, Villista commander, is
bottled up by i 'arraii.istas.
Oarrann Wants To Know.
Washington, Sept. 3. General Cur
ranza today oHl.ed whether Secretary of
State Lansii'i; and the Central and
South Aiucrinin diplomats signed the
Mexican pc'ico plea as individuals or
officially, Lansing answered for nil,
stating thnt it. was an official expres
sion from nil the courtrles wrose repre
sentatives signed the document sent to
all Mexican tuctionul leaders.
Cnrntuzn 's inquiry is regarded as
merely a quibble, but tho reply made
bv Secretary lousing was intended to
eiiininnle the Inst excuse for further
"bnll.'ing ' on the part of tho "first,
chief." Intimntions from Vera Cruz
were that Curranza would respond to
tho H'U'-e appeal ns soon as he gets
Lansing's message.
The state department today made
strong representations to both Geueruls
Villa nnd nmuiza frgnlnst the outrages
nliing the Texas border.
SON OF ARCHIE LUNGER.
Viillejn, t ill.. Sept. 1. While dis
patches' were telling Inst night of the
renin nl from the wreckage of the ill
fated Ktiliuiur inn F 4 remains of victims,
among whom may bo those of Archie
11. Lunger, gunner's mate, the gunner's
widow, residing III this city, gave birth
to a little gif.
London, Sept. 3. On the highest of
ficial authority, the United States was
informed today that Kngland's attitude
toward pence has not changed since
Premier Asquith outlined the British
position in his Guild hall speech in
August, 1914.
At thnt time the premier declared
Knglnnd was fighting to force the re
storation of Belgium and remove for
ever the menace of militarism from Ku
rope. Thcauthority giving this infor
mation requested that his name be not
used.
The statement was made in view of
the peace reort8 in circulation in tho
United States and in the German press,
and in response to the nniiouncenieiit
of the terms under which Germany will
make peace as outlined exclusively yes
terday by the United Press.
The official stating the British atti
tude, said:
" We took up arms with a definite
object, admirably stated by Premier As
quith. Wo are bound not to undertake
any step toward a separate peaco. We
shall act only in concert with the other
allies.
"And there is absolute confidence
and fixed determination on the part of
an ine antes that none suall seek a sep
arate peaco.
"Germany's references to 'freedom
of the sens' is vague. $ir Kdward
Grey's statement of this question being
negotiable does not refer to tho pres
ent, but to the future, after the war.
"The statement of the German em
bassy in Washington to the United
Press does not mention the freedom of
Belgium or the return of territory now
held in France. By promising freedom
ot the .lews, Uermany is evidently try
ing to enlist the aid of America to help
her out of her difficulties.
"Germany is anxious for America's
sympathies for some ulterior niotivo, I
Know not what."
BASEBALL TODAY
National League.
R. II. E.
Philadelphia 0 4 1
New York 2 7 0
Mayer ami Killifer; Perritt and Doo
in. McQuillan replaced Mayer.
K. II. K
Brooklyn 3 fi i
Boston 0 10 0
Douglas, Smith and Miller; Rudolph
ami Howdy.
R, II. E.
Chicago 1 6
Pittsburg 4 6 1
Humphries, Standridgn and Brcsun
linn; Mnuimiiiix mid Gibson.
H. If. E.
St. Louis 3 8 0
Cincinnati 1 7 4
Meadows and Snyder;
Wingo.
Schneider and
American League.
M.
,.10
H.
1.')
(1
Host on
Philadelphia
Shore ami Cady; Seehiin nnd Lapp.
Gregg replaced Shore; Ancker replaced
niicchan.
R.
.. 0
II. K.
4 0
New York
Washington
Pieh und Nunainaker;
2 8 1
Johnson and
Williams.
II. II. E.
Detroit 2 7 2
St. Louis 3 7 0
Dnoss ami Staunge; Hamilton and
Severoid.
Pirst game R. II. E.
Cleveland 2 0 4
Chicago ' H 7 1
Mitchell, Jones and 'O'Neill; I mm
and Schnlk.
Second giiine R. H. E.
Cleveland 7 I
Chicago fj 7 2
Klepfer and O'Neill; Cicotte nnd
Mayer. Morton replaced Klepfer;
Bowman replaced Mis ton; Scott replac
ed Cicotte; Schnlk replaced Mayer.
Federal League.
R. If. K.
Newark 1 2
Huffulo 8 12 0
Moselev nnd Unridcu; KniPp nnd Al
len. Miiisii rephieed Moneley; llilhll
replaced Kinidcu.
It. H. E.
Chicago )
Kansas City 4 4 1
Browh ami Wilson; Ciillop and East,
erlv.
U. If. E.
Ht. Louis 1 7 3
Pittsburg 3 10 2
Groom and Hartley; Allen and IJerry.
Willett replaced Groom
It.
H. E.l
Haltimore
Brooklyn
Johnson and Owens;
Laud. Smith replaced
2
3 '
Fiiineruii
Fiiinera.
1!
J
and I
I')
innings.
HARRY THAW'S MOVEMENTS.
Sun Francisco, Sept. 3. -Harry ThaWjlar as the busis as is done in pound;! , lost when the wur ends, tight fisteil
will reach San Francisco tomorrow, a sterling und soon, at the present nite,men will be making the englo scream
telegram received by the management 1 the advanliige will be with the Ainer- ln every market place of the world in
nt a local hotel announced this after-1 lean coin, I another year or two, so tho bankers de-
noon.
Ellseo Arredondo (topXnd Enrique
Llorento.
Washington. Sept. 3. (Speeiul.)
Tho efforts of Euriquo Llorento, chief
of the Villa agency in Washington, to
bring ubout u peace parley between
himself and Eliseo Arredondo, Cnrrnii
za's representative here, have been
sternly rebuffed by Arredondo. Cnr
ruuza's envoy muiiitnins thnt his chief
is near victory, and that it would be
useless to compromise with Villa when
the bitter will soon bo overwhelmed
anyway.
It is through Arredondo thnt com
munications of the Mexican "first
chief" are submitted to tho Btute de
partment. With the othor members of
the junta ho lives in tho Mexicnn em
bassy, which wns bought some years
ago by the Mexican government for
its diplomatic representative and which
was liikeu possession of after lluertii
was driven out of Mexico by tho Cur
ranza representatives in Washington.
Arredondo is a first ousin of General
Currunzn on his mother's side and is u
n'utivo of the stnte of Cnuhuila, where
the Curranza family has lived for years.
Beforo the revolution he was a federal
district judge and biter when Mndero
c n me into power wns a member of the
lower house of the Mexican congress.
After that he was secretary of govern
ment of Conhuilii, a position that cor
responds to that of secretary of state
in one of our stutes. Beforo he cuine
to Washington, Mr. Arrodondo wns sub
secretary of the interior in the Currunza
cabinet.
QUEEN OF DESERT HELD.
Barstow, Cal., Sept. 3. Jiiuiiita Dow
dy, known as "(ueen of the Desert,"
is held without bail today for trial on
a charge of murdering W, D. Morrison,
a civil engineer, August 7. Friends of
Morrison threatened to lynch the girl,
girl, according to the sheriff's office,
and extra precautious wero taken to
safeguard her.
AMERICAN
INTERNATIONAL BIRD
SINCE STERLING SLUMP
By Lowell Mollctt.
(United Press staff correspondent .)
New York, Sept. 3. Tho eagle on
the American dollar bus become nn in
terimlional bird. Wherever goods uie
bought or sold our bird Is becoming
known. Another yenr and he will be
sbout the best known fowl that ever
took winiz. if the dreiims of New Yoikldiuint" ho asked.
financiers come true.
Every time Well street notes the quo-1
tntion of England pound sterling these i
days, Wall street's respect for the!
I American iioiinr grows, it js not too
much to hiiv Wall street nlwnys held the!
dollar in high esteem, out It Is more'
than thnt now for the big bunkers nnd
the little ban'ki'is are of one opiui
that the dollar is just about to take
the place nnd prestige of pounds ster
ling. Already, thev mh v. almost as much
foreiun business is dune with the did
Today sterling exchange was quoted
German Terms Are Tentative
ly Known Through Von
Bernstorff
MUST BE MODIFIED
TO MEET ALLIES' WISHES
Diplomats o f Washington,
However, Think Outlook "
Is Much Brighter
By O. P. Stewart.
(United Press staff correspondent.)
Washington, Sept. 3. Peace is in the
nir hero today.
l'essimists are little heeded.
Due note has been taken that Great
Britain is not enthusiastic ovor the Ger
man memorandum accepting American
terms in tho submnnue controversy.
Tho semi-official stntemont from the
White House thut President Wilson will
take no stop until it is desired by
both sides is not overlooked. It is
conceded that Germany's pence terms,
tentatively outlined by Ambassador
Bernstorff, must be limited and perhaps
modified before the allies will accept.
Novcrtholess, the developments wero
regarded as tending toward peace.
It was rocontly hinted thnt Ger
many's concessions to the United States
in the Biibmnrino controversy "might
be" of such nnturo as to lead to furth
er negotiations in the "right direc
tion." Today many ' diplomats are saying
thoy believe events are moving with
moderate rapidity.
It is not that much has hoen accom
plished, but that tho belligerents are
throwing out peace "feelers."
Signs of Sanity,
Powerful interests aro encouraging
them. Experts "sense" a return of
"sanity" at the belligerent cnpitnls.
The following are among the tangible
signs of this new feeling:
Germnny's concessions in the subma
rine controversy.
Germnny's open declaration by th"
unofficial statement from Ambnssador
Von Bernstorff that tho Berlin memor
nndum wns in behalf of securing Amer
ican co-operation' to end hostilities.
Tho German ambassador's informal
outline of Germany's pence terms.
Sir Edward Grey's admission that at
least the question of freedom of th
sens as advanced by Germany is nego
tinble. The assurances from Great Britain of
modification of tho "hard rule" of
blockade,
Pope Benedict 's tentative overtures
to the White House, through Cnrdinnl
Gibbons ns to mediation,
Rome's intimntion' of Austrin's wit'
ingnoss to consider overtures, if from
tho allies or the United States.
Pope Aaks Wilson to Act
Reports that Cnrdinnl Gibbons con
veyed tho pope's opinion that the time
has come for President Wilson to re
new his overtures to the belligeronts
could not bo confirmed today, but stress
was laid on the statement of tho cardin
al in which he snid:
"Settlement of the questions nt issuff
between Germany nn'd Americu has
brought tho possibility of pence near
er." Considering the closeness of the v
enn nnd Vienna, the greatest signifi-
(Contimied on Page Three.)
EAGLE IS
at l."0 to tt.!. Little more thuii
a year ago, it wus 0..10.
"The world cannot do business with
exchange thnt fluctuates like thnt."
explained tt hunker today. "The world
will have to eoinu to the dollar."
"Of what advantage will it be to the
United Stall's to have tho dollar become
)!lw world's principal exchange me-
Being a bunker, lie answered from tt
bunker 's viewpoint,
"The business of tho world will huve
to be done through New York. New
i oi k win iiiku nn cuiiiiimhsiuii, nuiuini-
y,"
"Is thut ull)"
"Well, it will bting business to this
couiitry, it Is to be expected. Hu.iinv.
men of other countries will porter to do
business where the exchaugo does an!,
f luctuute.
Anyhow, unless the lend given t.e
- 1 United States bv the European war is
cluro,