in
j . , f
If.
7
1 ?' " "!
V'.',',i
. . '
-. r
jtv 1
1
0
i
v - ' "
lllatest Market fifefe
Local spot,, 22.75.
COTTON MARKETS.
YORK COTTON.
NEW YORK, Feb. 14. Unexpect
eaiy large domestic consumption fig
ures from the census bureau were fol
lowed by an opening advance of 20
to 49 points in the cotton market this
morning. The market showed firm
ness, with May selling up to 21.85 and
July to 21.25, making net advances
of 40 to 52 points.
There were reactions of several
points later in the morning under
some realizing. May eased off to 21.55
and July to 21.08 with the market
ruling quiet and steady around that
level, or about 22 to 23 points net
higher shprtly after midday.
i Realizing became a little more ac
tive toward the middleof the after-
noon with! May selling off to 21.45 and
January to 20.95 or about SO to 4
points, frpm the early high level and
back to within 10 or 12 points of last
" night's closing figures.
NEW YORK OPENING.
A NEW YORK, Feb. 14. Cotton fu
"i tures opened steady. March 22 .4 15 to
. 22.68; May .21.85 to 21.67; July 21.20;
October 19.70; December 19.56
NEW YORK CLOSE.
NEW YORK, i'eD. i. uttuu
-closed steady.
:7 High.
Low.
22.29
21.38
20. as
19.52
.9.32
Close.
2.30
21.45
-20.95
19.60
19.25
. March
r'&May .
; Wuly .
!2
68
,85
.26
4.&1
..21
.19.90
.19.65
WTTW YORK SPOT
- t Veteady, quotations revjsed, middlinr 75
5 Spoints up. Sales n the spbt 1,043 ; to
" i . .arrive 1,643. Low miaaung xs.ii aim-
J-i-?''.iVT.jn - n rrc. I ) -r. cr 9 ft 9. R ! irnod Wild-
uuagig.iOi ----
idling 27.25. m
4 : Receipts 7,081; stock 450,933.
? NEW YORK Feb. 14. Spot cotton
.jBteady; middling 25.80.
NEW ORIiEANS COTTON.
NEW;, ORLEANS, Feb. 14. The
pontinued revision of low grades spot
(deferences in ,the south and in tne
unexpectedly large American January
consumption - put the cotton market
to higher levels today. In the first
half hour ' of . business the trading
Months kma 31 to 50 nolnts.
xe market tWed quiet but steaay
the improvement wen susiainea.
ia: tradinff xro to noon the advance
widened to 3T to 60 points, March
fing the strongest, month and rising
23.85. . :-l
Realizing by longs7 caused moderate
recessions' in the afternoon. At 1 o'-
lock fcrffa were 11 to 1 points above
tlevel Of esterday close.
v- V
j'f ; NEW ORLEANS OPENING.
ORLEANS, 'Feb.r 14. Cotton
opened steady. March 23.60; May
21.98; July 21.32; October 19.50; De
bexaberlSlS.. "jjilii--
i zi o --rtJ-y. jjacrss riii T - - - 1-1- Mi.''
35
jlarchv'vi
.aft -. v A - wv
" 21 3-' -a 6
'May..',,
tfuly
Oct.. , .
..21.32 ?4
120.95
19.18
18.85
. .19.f
19!. IS
.18.85
' DeCyyy
CHICAGO, Feb. 14.- Profit-taking
fcyC holders brought about downturns
oday" in the corn market.' ; "Dpening
prices, 'Which ranged from 5-8c off to
l-2c gain with May 1.23 3-4 to 1.23 3-4
an July 1.1 9-to 1.20 1-8, were follow
ed by a material setback all around.
Oats declined with corn.
Provisions quickly Jumped to the
maximum limit, j
Grain and provision future prices:
High
1.23
1.20
.61
.59
41.85 '
40.25
25.30
24.32 ,
Low-
Close
Corn
May, .
July! '.
Oats
May-. . .
July . .
Pork
May !. .
July , , .
Laird
May r-. .
July .
; Ribs
May . .
July . .
i
1.19
1.15
.58
.66
40.00 -39.00
24.50
23.45
22.32-.
21.82,
l!20
1.17
.58
.56
40.20
39.00
24.60
23,67
22.32,
21; 82
23,
22.
32 .
82
FINAL BOND PRICES - '
i ; f NEW YORK, Feb. 14. Final pric-,
i ps on Liberty bonds today, were: ,
s. 98.86; st convertible 4s,
9T.74; second 4s 92.64; first converti
ble. 4 s, 94.84; second! convertible
4s, 93.84;-third 4s, 9 5.0 fourth
4s, 93.90.
gam Morrison Works
OUT THE DETAILS
' 1 T " : - ' 'f
(Continued from Page One.)
entente," he said. "All the gold and
securities now on hand would not suf
fice to cover more-than the most.ur
gent needs. Germany would he glad
to repay honorably- and uprightly as
soon as possible'. If food and raw
imaterials are furnished and Germany
us given assistance toward rehabilita
tion, I believe the economic and gren
leral situation can be brought into an
! Iprderly and progressive .path'."
f, Count Brockdorf-Rantxau, the for
gign minister in the provisional cabi
net; Dr. Edouard David, the president
of the national assembly, and many
persons experienced on economic
lines, he said, would probably attend
e Peace . conference for . Germany,
"but not BernstorfiY, he added in
Btantly to a. miestioniu. If' wa th
first time Count von Bemstorff's par-J
wcipauon.-which had been advertised
ireeiy, was denied authoritatively. The
German
peace delegates, a President
- Ebert COntinnM aX inn9P WitK Hof-
,inite proposals, including plans for a
league of nations, workingmens pro
tective laws and a court to decide in
, national dispute., " ' ' i
S?AVAL PAYMASTERS
J
faymasters of the United : States
: - 'S5i V? boar A were held up and rob
, ,12'000 in the heart, bf. Brook
h iT Irr. at Police -headqtuatters, . -r
" v " 4
tORK STO CKS. - ' '
NEW YORK. Feb. 14. Oils and
shippings were again the outstandlnt
features of today's stock market. Mex
ican Petroleum, Royal Dutch and Ma
rine preferred galntae one to two
points. Tobacco,, American Smelting.
Southern Pacific ! and Reading ad
vanced large fractions. Baldwin Lo
comouve, Bethlehem steel and Steel
foundry were strong. Liberty bonds
were steadier. . ; . . . -
ASvTlliS0tn dvance; Virginia
West Virginia deferred certificates ac
companied advices indicating an ear
y settlement of. that . long.pending
litigation. Changes in stocks were con
fusing however, excepting Marine pre
ferred and Hide and Leather prefer
red, both of which exceeded their best
prices of the morning .
Leading stocks, including rails and
steels, experienced another reaction
later, wnne toyai Dutch, Tobacco
products and speculative issues moved
to higher levels. The closing was
heavy- '
American Beet Sugar .. ....
American Can , 4 ,
American Car & Foundry . .
American Locomotive (bid) .
American Linseed .. .. .
68
44
89
60
47
64
115
197
100
57
91
95
97
71
,46
60
158
59
55
36
23
33
36
47
55
21
15
151
130
92
American Smelting & Refg. . . .
American Sugar . .
American Tobacco, ex. div. . . .
American T. & T. . . . . . . . .
Anaconda Copper .... . . , .
Atchison . . .
Atl.. Gulf & W. Indies
A. C. L. .. ....
Baldwin Locomotive ....
Baltimore & Ohio . . -, .. . .
Bethlehem Steel "B" .. .. ....
Canadian Pacific . . ..... . . . .
Central Leather .... . . .. .. . .
Chesapeake & Ohio ... .. ....
Chicago, Mil. and St. Paul
Chicago, R. I. & Pacific .. ..
Chino Copper . . . . . . . . . .
Colorado Fuel & Iron . . . .
Corn Products . . .... . . . .
Crucible Steel .. ... ..
Cuba Cane Sugar . . . . .
Erie (bid) ..... ..
General Electric
General Motors
Great Northern pf d '
Great Northern Ore Ctfs . .
Gulf States Steel . . . . (bid)
37
51
Illinois Central
97
Inspiration Copper . . .. .. .. 43
Int. Mer. Marine .. ., .. ... 22
Int. Mer. Marine pfd. . .... 99
International Paper 30
Louisville & Nashville .. . .. 114
Maxwell Motors . . . . . . 31
Mexican Petroleum .... . .. .. 174
Miami Copper ...... ... 22,
Midvale Steel 41
Missouri Pacific 23
New York Central ......(bid) 72
Norfolk & Western 104
Northern Pacific 90
N. Y., N. H. & H. ........... 27
Ohio CitieB Gas, ex. div.
35
Pennsylvania ......... ......
Pittsburg Coal ..............
Ray Consolidated Copper .
Reading . .
Rep. Iron &r Steel . . . .
44
46
20
78
78
Seaboard Air Line . . , . .Vp&ioU
7
Sinclair au t Kennmg
4K '
34
48
Sloss, Shef. , Steely & Iron
9?K
Studebaker' Corporation U ; 2
Tennessee Copper . X TV: . ,77;
18
191
85
TAbacCo XVoducts
Union Pacific ......
127
United Cigar Stores
116
U. . Ind. Alcohol ....
104
United Fruit .......
163
United States Rubber
90
67
Utah Copper
Virginia Caro. Chem.
Wabash, Pfd. "A ...........
Westinghouse Electric ..(bid)
Willys-Overland ...... ......
52
31
41
25
MONEY MARKET
NEW YORK, Feb. 14. Mercan
tile paper, 5 5; sterling 60 day
bills. 4.73; commercial 60 day bills
oh bonks, 4.72; commercial '60 day
bills, 4.72. Demand, 4.74. Cables
4.76 7-16. Time loans firmer; sixty
and ninety days, 6 i 5; six months,
5 5. Call money strong; rull
ing.rate, 5 bank acceptance. 4.
CHICAGO IilVESTOCK.
CHICAGO, Feb. l4.r-Hogs: Re
ceipts 57,000; market weak to 5 cents
lower than yesterday's average; bulk
of sales 17.75 18.00; butchers 17.85
18.05: light 17.50 17.95; throw-
outs 16.25&16.85; pigs, good 15.25
17.35.
Cattle: Receipts 4.000. Beef steers
anTshe stock strong to 16 cents high-
eri - other classes ;- generally steady.
Beet cattle good 16.56 20.0'; , com
mon5 10.50 16.56: butchers, cows and
heifers 7.2515.25: stockers' and
feeders, good ll.,14.75; inferior 8.00
11.00: veal calves,- good 15.00
15.25.
Sheen : Receints 7.0 00 ; J sheep
steady, lambs strong to 10 cents
hle-tiATV hmhi rVinlfft ' 17.35 17.60
medium 15.65017.35: culls 13,00
14.75; ewes, choice 11.5f11.60; me
mium 9.75 11.25; culls 5.50 8.25.
NEW YORJt PRODUCE.
NEW YORK, Feb'.' 14. Butter
Firm. Receipts 18235 tubs, creanlery
higher extras 53 1-2 a 54. -
Eggs Steady, receipts 35,104 cases;
fresh gathered extras 45 1-2 a. 46.
. Cheese Irreeulars' receipts 2,505
boxes: averaee run '28 1-2 a 29 12.
Poultry Alive firm, chickens 32;
fowls 38; turks 35 a 40 redressed steady
and unchangecL
SUGAR MARKET.
NEW YORK, Feb. 14. Raw sugar
steady: centrifugal 7.28i fine granu
lated 9.00.
COTTOV TTTGT7RES
LIVERPOOL , Feb. 14. Weekly
cotton statistics: . Total forwarded to.
mills 54.000 bales American 42,00 o;
stock 492,000; American 299,000, im
ports 68,000 American 44,000 exports
none ' "
-v. -MVERPOOTi
OOTTON,
LIVERPOOL. Feb. 14. Cotton;
Spot quiet, prices lower; good mid
dling 17.69: middiin' 17.06; low mid
dllng 16.01; good ordinary 14.49: or
dinary 13.96. Sat 2.000 oaies m
eluding 1,900 American. No! jeeelpt
Futures closed stMdv, February 17-
27; March 15.92: May;12:99j July 12.-i
45; September; 11.94. .f y r""'Vs::
CHICAGO PRODUCE.
; CHICAGO, Feb.; 14 Butter High
er; creamery 38 a 49.';!"
Eggs Higher, .receipts 12,479 cas
es; nrsts 37 l-z.
Potatoes Receipt & 50
cara
changed. k, .u.,'
Poultry Alive unchanged.
.V- THE WILMINGTON DftPATCn
THE - WILMINGTONrPISPATCH. FRIfl AY
Prnnirlnn4 ; 1
1 luOIUolll WllbUII
. - J ,
i mport Of SOCiGtF
from time to time' as occasion may re
QUire fpr the purpose of dealing
with matters within the sphere of ac
tion of the league. Meetings of the
body of delegates shall be held at Jthfe
seat of . the . league or at such other
places as may be found convenient
f"d shall consist of representatives of
thl8rn htracting parties.
JJ-acn or th- high contracting par
ties shall have one vote but may have
noi more than three representatives.
Article ra.
The exeeutrvR council sTia.ll .con
sist of representatives i of the United
3t;ates of America, the British empire,
France Italy and Japan, together
with representatives of four other
states, members of the league. The
election of these four states shall be
made by the body of delegates on such
principles and in such manner as
they think fit. Pending the appoint
ment of these representatives of the
other states, representative of (blank
lert ror names) shall be members of
the executive council.
Meetings of the council shall be
held from time to time, as occasion
may require and at least once a year
at whatever place may be decided on,
or failing any such decision, at the
seat of the league, and any matter
within the sphere of action of the
league or affecting the peace of the
world may be dealt with at such meet
ings.
Invitation shall be sent to any
power to attend a meeting of the
council at which such matters direct
ly affecting its interests are to be dis
cussed and no decision taken at any
meeting will be binding on such pow
ers unless so invited.
Article IV.
"All matters of procedure at meet
ings, of the body of delegates or the
executive council including tne ap
pointment of committees to invest!
gate the particular matters shall be
regulated by the body of delegates or
the executive council and may 'be de
cided by a majority of the states rep
resented at the meeting.
The first meeting of the body of del
egates and the excutive council shall
be summoned by the president of the
United States of America.
Article V.
The permanent secretariat of the
league shall be established at ( -)
which shall constitute the seat of the
league. ; The secretariat shall com
prise such secretaries and staff as may
be required, under the general direc
tion and control of a secretary-general
of the league, who shall be chosen by
the executive council, the secretariat
shall be appointed by the secretary
general subject to confirmation by the
executive council.
The secretary-general shall act in
that capacity at all meetings of the
body of delegates or of the executive
council. i1
The expenses of the secretary shall
be borne by the states members of the
league in accordance with the appor
tionment of the expenses of the inter
national bureau of the Universal Pos
tal Union.
Article VX.
, Representativesoz the high con
tracting parties. officials of the league
when engaged in the business of the
league shall enjoys diplomatic privilege
occupiedt by the league 0r 4ts officials
or by representatives v' attending' its
meetings" shall ehjoy the benefits' of
extra-terntoriaiity. - " v
" Article VH.
. "Admission to the league of states
not signatories to the covenant and
not named in the protocol hereto as
states to be invitBd to adhere to the
covenant requires the assent of not
less than two-thirds of the states rep
resented in the body of delegates, and
shall be limited to fully self-governing
countries, . including dominions
and colonies.
"No State shall be admitted to the
league unless it is able to give effec
tive guarantees of its sincere intention
to observe its international obliga
tions, and unless it shall conform to
such principles as may be prescribed
by the league in regard to its naval
and military forces and armaments.
Article VIII.
"The high contracting parties rec
ognize the principle that the mainte
nance of peace will require the reduc
tion of national armaments to the
lowest point consistent with national
safety and the enforcement of com
mon action of international obliga-
tions, having special regard to the
geographical situation and circum
stances of each state, and the execu
tive council shall formulate plans for
effecting such reduction. The execu
tive council shall also determine for
the consideration and action of . the
several governments what military
equipment and armament gs fair and
reasonable in proportion tothe scale
of forces laid down-in the program of
disarmament,- and these limits, when
adopted, shall not be- exceededwith
out the permission- of the executive
council. - ;"
"The high contracting parties agree
that the manufacture by private . en
terprise of munitions and implements
of war lends itself to grave objections,
and direct the executive council to
advise how the evil effects attendant
upon such manufacture can be prevented-which
are not able to manu
facture for themselves the munitions
and implements pf . war, necessary, for
their safety.
"The high contracting parties un
dertake in no way to conceal from
each other the condition of such of
their industries as are capable of . be
ing adapted to war-like purposes or
the scale of their armaments, and
agree that there shall be full and
frank Interchange of information as to
their military and naval programs.
Article IX. ,
"A permanent commission shall be
constituted to advise the league on the
execution of the provisions of Article
vm and on military and naval ques
tions generally."" ;
Article X.
"The high .contracting parties shall
undertake to respect and preserve as
against external aggression the terri
torial integrity and existing political
independence of all states members of
the ; league. In case of any, such ag
gression or in case of any threat or
danger of such aggression, theiexecu
tive council . shall . advise upon the
means by which the obligation shall
be- fulfilled. . v :M - ! '
.-v Article 3X, !. ; : -
''Any war or threat of war, whether
jTyAdiateiy affecting any of ,the high
contracting parties or not, is hereDy
declared s xma tier . j ujuw u w iuo
leairue and the high contracting par
ties reserve the right to take .any ac
tion that may be deemed wise ana ef
fectual to safeguard the peace of na-
"it is hereby . also- deolared - and
Beads ?Firs!
1 !"
j.-- i i?-r jt- i"
of Hons
A 'v ? '- '-TV...;
agreed to be the friendJ&r rightof each!
oitne-mgfc'eontraettag;
draw he attention, o the body- of del
egates or of -the executive .council tJ
any circumstance s affecting -.interna
tional intercourse ' which threatens to
disturb international ? peace'or, .the
good understanding between nations
upon which peace-depends. , f
. Article xu, f-1 y ,.f
The high contracting parties agree
that should disputes. ! arise 'v between
them which cannot be adjusted by. the
ordinary prcfceSjes ot rmplomacy.tthey
will in no case resbrowarithqut
previously, submlttinff: the S Questions
and ' matters ihvolved either; to arbi
tration or to inquiry by the, executive
council and" until sthreeVmoisSser
the award by the arbitrators or rec
ommendation by the executive counr
cil: and that they will hotu even then
resort to war as against member of
the league which f complies "withv the
award of the arbitrators or theree
ommendation of the executive . coun
cil. " - I ' . ii"C-
. ; Article Xra.'') V;
"The high contracting parties agree
that whenever any dispute or difficulty
shall arise between them Which the3f
recognize to.be suitable for', submis
sion to; arbitration ' and which;
cannot be satisfactorily, settled 'by
diplomacy, they will - submit the
whole matter to . arbitration. v For
this purpose the court ' of r. arbitral
tion to which the case is referted shall
he the court agreed' on by , the - parties
or stipulated in any convention exist
ing between them. The' high contractM
ing parties agree that -they will carry
out in full good faith any war'dithat
may be rendered. In the event of any
failure to carry out the award, the
executive council shall pc.oposeWhat
steps can best. be taken to. give effect
tnereto. . . .-f ?v
Article XIV. .'"t
."The executive council shall.formu
late plana for the establishment of a
permanent court of international jus
tice, and this, court shall, when estab
lished, be competent to hear and de
termine any matter which the "parties
recognize as suitable for' submission to
it for arbitration under the foregoing
article. . W
Article XV.-' '. rC'r-;-i
"J. there should: arlset between
states members of the league -any "dis
pute likely to lead to-' rupture, jWhlch
is not submitted to arbitration -as
above, the high contracting-' parties
agree that they will refer the -matter
to the executive council; v either 'party
to the dispute may sive itotlce of the
existence of the dispute to ;the 'secret
tary-general who will make all neces
sary arrangements for a full investi
gation and consideration thereof. For
this purpose the -parties '.agree -to
communicate to the secretary general
as promptly as possible, statements Of
their case, and Article XH, relating to
action and powers of the f executive
council, shall applyrto the a.ction and
powers of the bodyof delegates.-
, "- Article. XVI. -
"Should any of the contracting pafi
ties break: or disregard Jtseovenants
under Article XII, it aaall thereby ipso
facto be deemed to haveccnmittd
an; act? of-x war against ill the, or
.
undertakes. Jmmediately to s
t It
iodine severance or ait trau 3
cialrelationsthe prohibition c -i-tercourse
between, their natior . -.d
the nationals : of the covenant- . k
lng state and the nationals c ny
Other state, ; whether a-member c : tiie
league or noL t, -" ; . - -
"It shall be the duty of the e j
tlve council in Juch case to-rc j
mend what effective military or r .t-1
force the members of the leaus -:i
severally ' contribute . to." '.the - - 1
forces to be used to protect the . i
nants of the league.-1 - , , i ;
"The high contracting parties c . 3,
further, that they will mutually -port
one another In the financial 3
economic measures ' ''"which ; xr.zy-l&
taken under this article, Inf order to
minimize the. loss andlnc6nYen: . - :-e
resulting from the above meaiur is,
and that they will mutually, surrort
one another, in reeistagVanyv'epecial
measure aimed at one of taelr nun:T :r
by the covenant-breaking state, ard
that- they will afford passag thro t: sh
their territory" to the, forces ar j o f
the" high contracting parties who are
co-operating to protect thejeovenr1
of the league. -7 '
Article Xta" 0 I
"In the event of disputes 5etr:e
one state member of- the league a:
another state which "Is not armemt
of the league - or between states r.ci
members of the league the ftigb con
tracting parties agree that the ctat 3 cr
Btates not members of the league e .,all
be invited to accept the -obligations of
membership In the league for the r ur
poses of such dispute, upensuchocn
ditions as the executive OouAcil ; may
deem Just and upon acceptance of any
such invitatloh,s the aboveprovislons
shall be applied with suchmbdiHca
tions as may be deemed .necessary, by
the league. . , j- y --v', '''-".-.i 1
, Upon Buch invitation V being j given
the executive council shall 4mmedlate
ly institute ah Inquiry into the citv
cumstances merit of -the j dispute, and
recommend -such , action as may. seem
best and most effectual loathe circum
stances, -., V
- "In the event of a power so inviteS
refusing to .accept the obligations ; of
membership In the league forthepur-
poses or tne league wmcn m tae .casa
of a state member of thef league would
constitute a breach of -article' XILthe
provision of Article ,XVI shaUibe" ap
plicable as against .the state, taking
such action.
"If both parties to the dispute-when
so invited refuse to accept the obliga
tions of membership in the-,lrue for
the purpose ot such disputee- exe
cutive council may take such'- action
and make 1 such, recommendations, e s
will prevent hostilities and.twlir,.tesui;
in the setlement of the 'dispute. "j 'j.
. i. -.". '-Article XVTH. f r -'fT.
"The. high contracting: parties grea
that the v league " shall be entrusted
with general, supervision, of "the trad a I
in arms and ammunition' with the
countries which, the control : of :,'ihi3
traffic is, necessary in' the -common, in
terest - " " " V-;-
ARTICLK XIX. .-: .
"To those colonies and territories
which: as . a consequence I of vAthe late
war" have ceased to be under the, sov
ereignty of .the states which formerly
governed them and which, are' inhs. li
lted by peoples not yet .'able ;ta star. ;
by themselves "under .tther j'strenuc -:
conditions of the modern-world, thf
should' be applied the princijla t
the well-being v and development
such peoples formva'L-sacredvtrrt .
civilisation" and that securities fcr t
performance: ot this jtrusV Phr !
"FEBRTIAkV y'1Bi.r:
embodledT- in - the . constitution"' of ; the
league1Thebest; method Vpf givms
practical effeci to tlis principle is.that
the tutelage of such peoples should be
entrusted ,: to- advanced nations who
by reason of their resources, their ex
perience or their geographical posi
tion, , can best undertake this respon
sibility and that this tutelage should
be t exercised - by them as mandatories
on -behalf tt the league.
I The- character ,of the mandate
must ..differ according to the state of
the 4 development of the people, the
geographical" situation of the terri
tory, its;. economic conditions and
Other' similar circumstances,
1 "'Certain communities formerly be
longing to . the Turkish empire have
reached a' stage of development which
their existence as independent nations
can be provisionally recognized sub
ject to the rendering of administrative
advice- and assistance by a mandatory
pBweriUntii such time as they are able
to ? stand ; alone. ', The-wishes of these
communities must be a principal con
sideration in the selection of the man
datory power. ,
SXQther peoples, especially those of
central' Africa, ' are at such a stage
that, the mandatory must be responsi-
blef or the 'administration of the ter
ritory subject to conditions which will
guarantee, freedom of conscience or
reugion, suDject oniy to tne mainten
ance . Of public order and morals, the
prohibition of abuses such as the slave
trade;. the arms traffic and the liquor
traffic, .and the prevention of the es
tablishment of fortifications or mili
tary 'and naval bases and of military
training of the natives for other than
police purposes and the defeirse of
territory, and will also sequel equal
opportunities for the trade and com
merce of other members of the
league.: i
t -"There are territories such as south
west Africa and certain of the South
Pacific-) isles which, according to the
sparseness of their population, ot
their, small size, or their remoteness
from' the centers of- civilization," ' or
their, geographical continuity to the:
mandatory States, and other ctrcum-.
stances can- be best administered under-'
the -laws of -the mandatory state
an integral portions thereof, subject
td the safeguards above mentioned in
the interests of the indigenous popula
tion., -r -
;;in"'eyery case of mandate, the
mandatory state shall, render to the
league an annual report In reference'
to v the territory committed to its
charge. ' '"' "; "
:"The degree oi ! authority, control or
administration- to be exercised by the
mandatory tate shall, if not pre
viously agreed upon by the high con
tracting,; parties in each case be ex
plicitly defined by the .executive coun
cil -in, a' special act or charter.
V.rThe ' high contracting parties fur
ther .agree to establish at the seat of
the league -s a - mandatory commission
to - receive! and examine the annual
reports of the mandatory powers and
to assist the league in insuring the ob
servance v Of the terms of all mandates.--;,
' "- :V V
; Article XX.
The high .contracting parties will
endeavor to secure and maintain fair
and human& conditions of labor for
men- women. andVchildren, both in
their own countries and in all coun
tries to which their I commercial and
industrials-relations extesd, and to
that end gree" t establish aspart, of
the: Organisation of the league a r per
manent! bureau' of labon
Tl-v-'it-jtetiag'r.1 Miticen,
that -provision, shall -.be mJU-thrOugh
the instrunientalrtyot e tleague to
s s cure and , maintain ixreeaom ox trtran
sit and equitable treatment -for ;1 the
commerce of aJl ; states . members , of
the league,, having, in mind, among
other things, u special : arrangements
with regard to the- necessities of the
regions devastated -during the war of
1914-1918. J - 4V;- I
;.-, Article XXII. -;
i "The high contracting parties agree
to'-nlace 'under the control of the
league, "an international bureaus al
ready established by general treaties
if the parties to such treaties consent.
Furthermore they agree that all such
International bureaus to "be constituted"-,
ta future' shall he placed under
Control of the league
' . Article jXXTJI.
The Kigh contracting parties agree
that every - treaty or international
agreiementSs entered into hereafter by
nnv Wtate member of the league shall
be forthwith registered with the sec-
retaey-gfeaerai and as soon as possime
published -' by" him and that no such
treaty j" or International" engagement
shall ho hiding until so registered.
. fA- ' Article XXIV.
1 "I shall be the ngnt oz tne Doay ox
'delegates from time to time to advise
the re-consideration oy states mem
ibers OX the league of treaties which
have 7become : Inapplicable and of in
ternational - conditions of which- the
continuance '-may endanger the peace
otjhe world. . ' , '
. - Article XXV;
; t"The high contracting parties sever
ally agree that the present covenant
is accepted as abrogating an oDiiga
tions inter ;se which are . inconsistent
with the terms thereof, and solemnly
engage that they will not hereafter en
ter into j any engagements inconsistent
withhe terms thereof. In case any
of the powers signatory hereto or sub
sequently admitted to the league shall,
before becoming a party to this cove
nant,' have undertaken any obligations
frhlch are inconsistent with the terms
of this covenant, it shall be the duty
of such -power to take immediate steps
to procure its release from such obii
gationsv-
J. , -'Amendments to this covenant will
ATUCie JULVX.
take effect when ratified by the states
whose representatives compose the
executive council and by three-fourths
of Vjfche states Whose representatives
compose the oooy or aeiegates."
I. 'aJ4vq etaoinshrdlucmfwyp
- -. " .. ."
OUTLINE OF LEAGUE
IS MADE PUBLIC
rf- Continned SVom Page One.)
late plans for the establishment of a
permanent court or international jus
- - Concerning - armaments, the cove
nattt says that", : the '-'maintenance of
peace 'will require J the-., reduction of
national x armaments: to.. ; the .. lowest
point consistent ..with national safety
and t th6 enforcement pf international
c.i ligations by common action, the
' '0?ranhlcal. situations n and circum
stances of the, various,. states Vte!ng
t-jb-ATi ititA Account."--J.
The executive council " shall fix the
i xtent of armaments: ana these snail
r ctbe exceeded without the permls
' -n of the councH..- - :. -V .
It ia 'agreed tha the. private , manu
cture of munitions and implements
; war "Jends itself to grave objeC-
'. i execuUra poiwcia jdiBsJti q
give advice on the abatement of this
evil.1, ' si
The contracting parties undertake
not to conceal then- ability to produce
muniUons 'and armaments and agree
on a -full interchange of information
as to military and naval programs.
Article .x. vi, provides that if any
party break or disregard its covenants
until article XII which provides for
arbitration or inquiry by the executive
council it shall, be deemed to have
committed an act of war against all
the other . members who will- take
economic and financial measures
against it. These measures will refer
both .to members of the league and
those who are not members.
In such a case it will be the duty of
the executive council to recommend
the amount of naval and military
forces which each member of the
3. B. McCABE, O. P. A. '. p. J. SUMiIVAN. C P..A.
Mc CABE, SULLIVAN & CO.
CERTIFIED PUBLIC ACCOUNTANTS
Murchlson Building;
The Ra
European Plan
' WASHINGTON, D. C. .
Pennsylvania Avenue and Twelfth Street,
E. L. WESTON, Managed
Washington Headquarters of The Old Colony Club.
MANY
Speaking of The People's Savings Bank as "MY BANK" showing
the Interest which they take In our progress and their appreciation
of our effort tqj render the best of banking service at all times.
We are justly proud of our large number of depositors who speak
of the bank tn this way and we want you too to call this bank "Your
Bank.' Here yon are assured of absolute safety and your account
will earn 4 per cent Interest compounded quarterly. We cordially
invite you.
ESTABLISHED 1900.
E
PEOPLES
CORNER FRONT AND
FOURTH LIBERTY BONDS
As bonds, are now ready for delivery, please call and
make payment.
The Murchison National Bank
WILMINGTON, N. C
. " ' " . ' ' i '" 1 ' :
THE FOUNDATION OF MOST
FORTUNES HAD SMALL i
BEGINNINGS . r '
Systematlo Saving a little Each Week from the pay envelope
Deposited in ThlsJBanlc will make you independent later in life. Start
-xtNiay.
THE CITIZENS BANK
OF WILMINGTON
Southwest Corner Front and Chestnut Streets.
SUBURBAN
TIDE WATER
Winter Park WrighUvffle,
iniermeoiaie noma.
BAST BOTTCTP
Lun
Bleerl
for
Beacii
"EUetris
for
Winter Fwk
Eleetria
s :B0 a. m.
Tt90a.m.
7:S0 a. m.
i 8:00 ft. m.
80 a. m.
s ftKX) a. m.
10 H a. m.
6:50 a. m.
7:20 a. m,
7 :0 a. m.
8:00 a.m.
8:30 a.m.
a 9:00 a. m:
' 10 :00 a. m.
11 :S0 a. ro.
10 p.m.
1 .-OS p. m.
-3K)0p.9i.
1:80 p.m.
8 .00 p. m,
a so p. m.
4 :S0 p. m.
5:00 p.m.
5?Wp,ia.
:10 p.m.
6:40 p.m.
7 d.5 p. m.
8:15 p. m
9:15 p.m.
10 as p. m.
1105 p.m.
a 6:50a.m.
70.m.
a 8100 a.m.
850 a.m.
9:00 a.m.
10.00 a. m.
11 :30 a. m.
S 10 p. m.
s 1 :06 p. m.
a 8 :00 p. to.
18:80 p.m.
8. -00 p.m.
8 :80 p.m.
4:30 p. m.
5 :00 p. m.
8:10 p. Bt
6:40 p.m.
7 :15 p.m.
8 33 p.m.
9HS p. m.
m05p.m.
11 0 a. in.
s 1:00
l:06p. m.
8 :00 p. m.
tMp.m.
4 s86 p. m.
SKM p. m.
oaop.m.
ed0p.n.
4:40 p. m.
7 OS p.m.
8:15p.m.
9:lSp. m.
10 OS p.m.
11:15 p.m.
Special for. Sundays: Cars leave Center for BEACH, every
,80 minutes from p. m. to 6Vp. nu, and le&ve Beach every
so niinutes from 2 zfota 6 :45 m.
Wbia ear eannocta at Wrlshtafillo on reqoeat ' to Transportation ' Office.
V TMMca Ca WW . .wvwi.
'HU5-60 ir M.; ear t or Vf inter Park-
kvea eaatat 6o A. u.
Daily v except' Snnday.
' Bandar ealy.
XaUr. Bmp
X188T8S r inatB sna orasce streets, anw f. m. '
Frikt Depot epm dail exetpt Saaters from 240 to 8:00 P. 1L ;- ' V
'S:-
ELEVEW
league shall contribute .to the armed
forces necessary to protect the cove
nants of the league. "
The members of the league agree to
mutually suport one . another finan
cially and economically in any meas
ure taken and also to afford passage
through their territory of any forces
necessary to. carry out the covenants
of the league.
In disputes between a membe of
the league and a state not a member
or between states "hot members ot the
league shall be invited to lay their dis
putes before the league. . - ,
It the states invited to allow, the
league to adjust their disputes refuse,
any action against a state or member
of the league would be deemed to be
an act of war against all the other
members of the league.
Wilmington, N. C.
PEOPLE
SAVINGS BANK
PRINCESS STREETS.
SCHEDULE
POWER CO. &
WrighteYTne3eacKLid s
W1C8T BOTTJTP
Iisto
WrlshtcTillo
for
Witnlnrton
Viator Park
for
Wllminrton
fWnmina-toa
at COaB,
a 7 :05 a. m.
a 7:85 a. m.
a 8:15 a.m.
9d5a.m.
9 :15 a. m.
a 10:15 a.m.
a 10:45 a.m.
12:15 p.m.
. 1:45 p.m.
1 :4o p. m.
6.-00 a. m.
ii T :20 a.m.
.- a a. m.
a 8 KM a. m.
a 8-0 a. m.
8 9:25 a. m.
a 9 -M a. m.
a 10 :30 a. m.
a 10 :55 a. m.
12 12& p. m.
a 1:50 p.m.
a 1:55 p.m.
. a 2 :80 p. m.
i 3:00 p.m.
SJS6p.m.
BUX)p. m.
5 :80 p. m.
s 5 :85 p. m.
a 6:00 p. m.
6 :4C p. m.
Tat p.m.
7:45 p.m.
8:45 p.m.
9:45 o. m.
f a 6. -11a.m.
' ' "68a.m.
'lTSli.m.
. , a 8Ha.m.
8211a.m.
s 81a. m.
8 9$4 a. m.
a 9 :41 a. m.
s 10e41 a. m.
8,11:06 ft. m,
12:36 p. m.
a SAlp.m.
s 2:41p.m.
s 8:11p.m.
's 30 p. m.
. 4:09p.m.
5 31 p. m.
5 :41 p, m.
s 6:06 p.m.
a 6:11p.m.
636 p.m.
. Tjil p. m.
7c56 p.m.
86p.m.
9:64 p.m.
106p.m.
UrfWp.m.
- ' 8:45 p. m.
6:45 p.m.
' 6 :4S p. ta.
6:30 p.m.
.655 p. m.
T-o p. m.
sao p.m.
80 p. m.
10:45 p. nui
mwti.ni.
w uNyviuiua viacb. nun vol.
got Uurenxn to Seagate only. Betur&iar
....
-; ' -
faster,
leigh
J
HP
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.,4
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