Hie News and Ofoser ver ' WEATHER: Partly cleady Thnrsdny, trU" day local shower and taaadcr atorau. ; - ,. -s-- WATCaiASIL. a a. I'4. two si t are Mm (4raM a smid Mac siasi wr. ' VOL CX. NO. 52. FORTY PAGES TODAY. RALEIGH, N. C, THURSDAY MOItKtNG, AUGUST 21, 1919. : FORTY PAGES TODAY. PRICE: FIVE CENT EXTENSION OF FAIR INTEREST President James A. Gray De livers Annual Address To . Bankers' Convention . - CORDIAL WELCOME GIVEN VISITORS TO TWIN-CITY Secretary of The Treasury Oar. ter Glass and General 8. L. ' Falson Will Be Speakers at Annual w Meeting of North Carolina Association in Win. aton-Salem " Today ; Large Attendance at Opening Ses sion; Colonel Fries Reviews . Kemarkable Growth of To bacco City During The Last " Tourteen Years By FRANK BMETBL'BST. (Special Staff Representative.) Winston-Salem,' Aug. 20. The exten . sion of credit at a fair interett rate to every legitimate borrower upou food security up to the limit of safety, ' ia one of tho most effective mean of keeping down Bolshevism in this coun try, said President James A. Gray, of tho JJorth Carolina Bankers' Associa tion, in hit address before the annual convention which met 'in' Winston Salem tonight Two hundred and fifty banker from all part of North Carolina had as sembled for the opening in the. Zinxen dorf hotel, with more expected to morrow. Preceding President Gray's address, . tho brief formalities of welcome and - response wcro gou through with, Bishop Edward Bondthnlcr, of Winston Solera, offered the invocation, and Mayor Robert W. Oor'rell followed with a welcome on the part of Wlnston Kalem'i people, recognizing at tho tame time the magnificent service which the bankers of tho State have rendered during the last few years and re minding his hearers that npon thm a class, tho destiny of the State de pends now as upon no others. Given Cordial Welcome. , rrs of Winston-Salem,' CoL W A. Blair, president of tho Peoples National Bank, greeted the guests ns about the only body of gentlemen who hav not in some way or another been connected with strike.. ' ;, ; l,t ; Col IV H. Fries taking up tho wel com for th bunking Interests of the city and particularly for the Wachovia Loan and Trust Company, of which he la tie 'president, (panned with a few figures the fourteen years of progress oince the last meeting of tho associa tion in Winston-Salem. "Then," said Col. fries who was president of that convention, 'North Carolina had 257 banking institutions, and only 209 of 1 them wcro enrolled in the nssoeintion. Now therefore 652 banks and 530 are enrolled ' in the- organisation. In the meantime, with the number of bank doubling their resources have quad rupled. As for Winston-Salem the city has jumped from 20,000 to about 50,000 ia population, and increased its wealth five . times, it tobacco industries ten times, its pay rolls fifteen times and its revean receipts fifty time. . The response to the addresses of welcome was delivered by Mr. W. O. Oalther, of Elisabeth City. Then am the president's Address which will be followsd tomorrow by a full day's ses sion, including group meetings, and ad dresses in .the evening by Secretary of the Treasury Carter Glims, ami Uen- . 1 II I' 1 . . M crai o. u. Iliwn, cumaiuncirr ui mo 30th division in Franco. Presidential Addresa. Alludink to the opportunities and re sponsibilities of the changing time of reconstruction. President Grav com mented warmly on the progress of the banking institutions of the Stat and referred to tho increase of on hun dred in the membership of the asso- itttlA Aurtntr the war. hrimriaff the total to fiv hundred. Then he -sailcd certain definite problem facing the banker of th 8tat and nation. With war-stricken Europe far from a position to pay ia gold for th igoodi which America is in. prim condition t! oll, Mr. Gray pointed out th ne cessity "for American investors to pur chase foreign, securities and to purchase ' them ia liberal amounts in order to create credit ia exchang so that our foreign friend may hav th funds with which to pny u for our goods." , Average Cltiien Should Bay, ,H immediately relieved any imprci sion that be was talking for th ben fit of capitalists, and tho comfortably Hied. .He laid the burden npon the averng eitisen, who shouldered tb , immense' war -loans' of th American government. "Thcs sam millions," he Mid, "should bvy foreign securities, and must do so if they want America to continue to l piosperou. In helping to eon . Unu in fore the (feat prosperity which , th nation ba ia recent years enjoyed inch investor will in turn ntinue his r her prosperity. Without this general ind wid cupport of the foreig-ue!Uri-tic market. America will fiad 'hat she asao foreign trade of consequence ilthouah w hav ship to carry our trad which w did not hav prior to - lb war, and without .Jorelgr trad, 1 to not e how America1! prosperity saa continue a w wih it. v : J - Callroad Extension. Tb (xteaiioa of railroad', too, cam within th rang of th 1 resident's die tnssion. ' "Now when there is such a question a jo th futur ownership and manage ment of th railroads. he said, "w must net forget th n.ient seed 'or - railroad development ia fact, oar coun try' development cannot go forward iContlnned on fag Two.) ' CREDIT AT A RATE URGED LEADER OF 30TH TO ' - TALK TO BANKERS o Major General 8. L. Falsoa, native North CarqlminM, who led th famous Thirtieth Division, when it smashed the Hindonburg line, lias accepted an invitntinn to speak tg th 8tat Bank er at Winston-Sntcm tonight. 1 E Administration Democrats Ask For Series of Interpreta tive Rsservations REPUBLICANS REFUSE TO ACCEPT SUGGESTION League Opponents Adhere To Their Positions That Beser- vations Must e Made Part of JPeace;Treaty; Senator Pittnian, Who PreseRts Bes olutions, Speaks in Support .Washington, Aug. 20- Th first open mov for a compromise ia .th League of Nation, fight cam from administra tion quarter today embraced in a pro posal that tb Senate adopt interprets tiv'c reservation bot that they be kept apart from th actual ratificatioa of tie- treaty. Tb overture met with no' immediate suceesa on the Republican sid of th chamber, Sena'ora of th Republican reservation groip declaring they could not recede f-otu tiiuir position that to be effective the reservation must (o into tl-e ratification itself. Compromise Proposal Made. Senator J'it'man of Nevada, a )e-n erotic member of tliCnForoign Relations committed, presented th compromise proposal in the form of absolution embodying in ertert Its lour reserve t ions agreed on by seven Republic Senator and declaring them to consti tute the Senates understanding of dis puted point in the covenant. In the Republican draft, however, tt i expressly provided that the reserve tion "bo made a port of the treaty by the Instrument of ratification, a pro vision, which Senator MeNary, of Oregon, and other of the, group of seven Republicans said they considered absolutely necessary if enough Bepubli can vote are to bo gained to secure ratification of tho treaty. To overcome this objection Senator Pittman proposed in a speech in the Senate that the resolution be adopted at one and submitted to th other power who will be represented oa the league council. A general debate developed dur ing which Senator Borah, Republican, Idaho, and others took exception with President Wilson's distinction between moral and legal obligation under th covenant aa expressed In yesterday' Whit House conference between tb President and th Foreign Eolations eouimitte. Represent Wilson' View. Although Senator Pittman said be had not submitted hi resolution for the President's approval, he asserted thatSt carried into effect Mr. Wilson viw on th cubject of reservations a et pressed to tb committee yesterday. He indicated hi firm belief that th ad ministration would go no further toward compromise becans it feared that Inclusion of the reservation in th rati fientlon would reopen tb negotiations with Germany. . Leader of th MeNary group, never theless, insisted they had information that in th end their plan would hav Democratic support. An attack oa the Shantung provision of tb treaty was made k the Senat by Senator Me Cormiek, Republican, Illinois, who as serted that by accepting th provision th United State would become a party to on of th most utrageous xhibi. tiont ol "hypocrisy and vlolsne" la tb world history. ..(.; xat snantang provision also was nnder consideration before th Foreign Re' tion Committee, which was told by Or. J. C. iergusoB, adviser t th Chi act president, that . China regarded American acceptance of th ettlomnt as a acviatioa from th traditional Pol icy ef Americaa friendship to tb Chi. - ,j l t.v Vj.. - OPEN IV FOR COMPROMIS e government and poopla. : ' Helping Tkfe Banks To Help Tte People; Patriotic CoOperation of Botk Asked ; By Secretary of Treasury Carter Glass By HON. CARTER LASV Secretary of th Treaoary. No group of men in the United States measured up to th test of the great war more admirably than did the bank era. The success of the United States Treasury Department in floating over $21,000,000,000 in liberty Bonds arid Victory Notes during the past two years was due tn no small measure to the patriotic co-operation of the banks. They took a most active part in each of the loan campaigns . They subscribed generously for themselves. made loans to their customers in order that they migh' buy bonds and sold bonds on install ments to accommodate - those having small savings. In other words, the banks did every thing possible to promote the sale and distribution of govern ment securities. The banker can render an equally great service in reconstruction co operating with the government in its movement to teach the people of the United States the lessons of sound finance and of wise investment In promoting this cause the banker will aid his institution and the ft ancial situation in general at the same time. Now that the war is over, the people should be impressed with the wisdom of holding their government securities and also of purchasing more, from time to time. The more gener ally the people of the United States absorb our government securities the greater will be the ability of the commercial banks to devote practically all After a Trying 36 Hours of Campaigning Soldiers Go Into Camp AVIATOR TELLS ABOUT KILLING ONE BANDIT Reports From Chase On Bor der Are Meager, Only Short Cryptic Message Having Been Received By Airplane; Major General Dickman Is On Tour f Inspection Marfa, Texas, Aug. 20. The Ameri can punitiv expedition that raced Irto Mexico ia search of Jesus Rnateria's band of bandit who held Lieutennnts Peterson aud Davis for ransom went to the enmp ia the mountain tonight nfter a trying thirty-eix hour of campaigning through rugged country. Sine th troops crossed he Kio Grand early Monday morning they have been riding constantly during day light hour in pursuit of the b .dits. Tb only reported contact with tb ban dit resulted in th killing of on of three Mexicans who fired on aa Ameri can airplane yesterday. Accoiding to the aviators' report upoa returning from th field the' fight lasted twenty minutes. Th aviators were unharmed. Reports from the field were meager Th broken country south o' th border compelled tb cavalry troop to scatter and follow auch trail a they can pick up. Th conatry below the Big Bend border is too rough for airplanes to ef fect a landing without great danger. A cryptic message, "still following trail," brought to the border by air plan today, was the only definite word from the expedition. No officer eou manding troops in the field have yet returned to the field bases oa the river. Major General Joseph T. Dickman. commander of the Southern Department, ia expected to reach her tomorrow morning on an inspection of posts and eainpa along the border between Saa Antonio and Marfa. While hi visit here at this time is not believed to be inspired by th local Mexican situatioa. the commander un doubtedly will go over the entire situa tion with Colonel Langhorne, district commander. It i aot known whether h will go to the border while here. Report from Presidio, Texas, (pld ef movements of Mexican Federal cavalry nnder General Antonio Pruned today Gen. Pruneda left Ojinaga last sight rmarehiag toward Cuchillo Parado, 40 mile up th Concho river.. -Yorkshire Coal Strike Off. London, Aug. 20. (By Tb Associated Press.) Th strike of the Yorkrhire coal miner, which ha beea ia progress for many weeks, baa beea settled. All tb Torkshir pita will return work aoot a practicable. of their, resources to furnishing adequate credit to the com merce and industry of the coun try. Providing short time credit to commerce and industry is their normal peace timo func tion. The sale and movement of farm crops, manufactured products, and all other com modities; as well as the contin uous and efficient employment of labor, in fact, the whole in dustrial process will be pro- HON. CARTER CLASS. moted by permitting the com mercial banks to devote all their resources to this function The people of the United States should therefore be en couraged .to save and pay off their installments and borrow ings on bond collateral as rap idly as possible and also to pur chase additional government securities as issued from time to time or in the market If this is done this people of .this MEXICAN GENERAL NOTIFIES WASHINGTON THAT I'OROt IS SENT AFTER BANDITS . Washington, Aag. 2. Mexican Consal Beagooehea at Praaldlo, Tx, la a telegram to Ambassador Benil M, mad pabllc tonight at th Em bassy, reported that General Pre neda, commander of the Federal troop U tk portion of Mexico acroo th border freaa Cnndslarla, Texan, had, gon In pursuit of tho bandits. Tk consul raid he had no tified Col. Lnagbore that Gene-al Pranadn was snaking pnraalt so that th Americaa commander might "or der th return of his forcea." Am bassador Bonilla waa asked to. ob tain aa order from th War Depart meat her for th withdrawal of th Americaa fore, bat when th de partment closed today no each re quest so far a coald be learned had been received. OF 98 Per Cent Voted in Favor of Walkout, Says Commit tee Spokesman Youngstown, O., Aug. 20. Ninety eight per cent, of the steel workers voting on the question of a national strike, voted in favor of a walkout, it was announced hero this afternoon by W. Z. Foster, seeretary-treasnrer of the American Federation of Labor's committee on organization in the steel industry which ennvsssed th" vote to day. Mr. Foster said that tb committee now is taking up th matter of setting a date for the strike. The committee did not giv out th number of rote cast. Th matter of setting n dats has been referred to a conference committee, Mr. Foster said, which includes Samuel GompcTS, president of the Amerienn Federation of Labor; John Fitzpatrick, president of the Chicago Federation of Labor i D, J. Davis, of the Amalgamated Association of iron, Steel and Tin Worker; E. J. Evan, of the electrical workers; William Hannon, of the In ternational Machinists' Union, and Mr. Foster himself, who is head of the rail way carmen' onion and spokesmaa for (he committee. Whether tb eonferenre committee will proceed without Mr. Compere, who it on ti way horn -from Europe, re main to be determined,' Mr. Foster said. Th strike question will not be referred again to the-'lnternationals, it was stated, as their rote give th ex ecutive committee full power-to act. Whether a nation-wide strike of Iron and Steel Worker will be called de pend upon a conference which the union leader hope to obtain within the next tea day with representatives of th United State Steel Corporation. If tho corporation officials refuse to meet th union representative a con ference committee of sis representing STEELWORKERSIN FAVOR STRIKE , ' (Continued m Fag Eleven.) country will be benefited in a two-fold way. In saving to pay their loans and t installments and also in order to buy addi tional Liberty Bonds and notes, they will refrain from waste and unnecessary expenditures and thus free material;, and la bor, for the production of com modities which are now so des perately needed the w-rld over. At the same time they will be strengthening them selves financially. Nc one can do better than to make a sub stantial proportion of govern ment securities the foundation of his investment fund. Noth ing elte 'will give such, sound and unfailing support to bis en tire financial structure and at the same time yield such ex cellent returns. The less one can afford to risk his funds, the ess time he has to devote to his investments, an1 the less expe rience he has had in the things which are daily affecting the values of ordinary bonds and stocks, the larger should be the proportion of his funds invsted in securities which need practi cally no attention, which are acknowledged by all to be ab solutely safe, and which yield a satisfactory return. Therefore, on account of the direct flnantial benefits to the investors, on account of the in direct assistance which it will give the government and on ac count of the effects in bringing about normal financial, 'idus- trial, and living conditions, I bespeak the co-operation, of all the people and especially of all saving and investment institu tions In the promotion of na tion-wide saving and the dlstrl bution of United States securi ties, among ih people. - . G Attorney General Palmer Says Prices in Many Lines Begin ginning To Ease Off LAW OF SUPPLY AND DEMAND STILL HOLDS Government Can Only Make Machinery of Distribution Naturally Instead of Artifi cially; Difference Between Stored food and Hoarded Food Explained Washington, Aug. 20. Attorney-General Palmer said today there was evi dence that th government campaign to rcduee th cost of living nlrendy was bearing fruit. A prominent vege table packer of Marylaad wrote Mr. Palmer that price in many line were beginning to esse off ns it became evi dent that the Department of Justice meant business in announcing that erimlnnl prosecution against homders and profiteers would be instituted wher ever the law was violated. "We want to make clear, however," the Attorney-Genernl said, "that noth ing we can do enn change the immu table economic lnwa on which prices depend. If we can inercase the oupply by greater production and lessen de mand by greater saving on the part of the people, then tho cost of living should com down. We can help that along by forcing hoarders to put on the market food held out for an' ad vance in prices and further by holding up to public scorn or by prosecuting if Congress gives us the criminal amendment to the food control law, those who are guilty of trying to osact a greater profit than is reasonable and just. We are going to make the mar ketthat Is the law of supply and de mandoperate normally instead of ar tificially." Th Attorney General and Judpe Ames, hi ssitant, drew distinction which they said th public diould recog nize between hoarding food and stored food. The former is held out of the market in greater quantities than re quired for the owner's business for the purpose of forcing up th market. The latter is surplus being husbanded from the horvvpt to the lean eaon. "Not all stored food is hoarded by any menns," Mr. Palmer Mid, "sad wc are going to be very eireful not to do any body in injustice or to joopar lite' the winter supply by forcing on th market th surplus of th summer lesson.- W hav libelled great quanti ties of food which w believe to be hoarded and it disposition after th case ar nettled by th court will de pend oa th aatur of th commodities aad tk plae af torg. CIPAI mm- GETTING RESULTS KOREA GRANTED LOCAL SELF- GOVERNMENT BY JAPAN AND OTHER REFORMS PROMISED bankers to hear 1 overman Friday United State Senator' Ie 8. Overman, of Salisbury, will deliver aa addresa oa Th League of Nations" before the State Banker Association in Winston-Salem tomorrow. Senator Overman left Washington last night to SU this engagement. Too Many Employes For Work Required, He Contends, In Letter To Senator AN INVESTIGATION IS SUGGESTED BY WRITER Secretary of War Baker Tells V of . Oreat,-Achie?emest ia Bringing Soldiera Home ""from Overseas aid Getting Them Mustered Out of Serv ice; Gives Comparisons Tho News aad Observer Bureau, 903 District National Bank Bldg, , By a a. WINTERS (By Special Leased Wire.) Waahlngton, D. C, Aug. . TTpoa examinatioa today of th file of Sena tor Simmon nnder th beading of th diaeuaalona relating to th railroad problem, a letter was uncovered which approaches the subject from a fresh and Interesting angle. The communication was written by a level beaded business mnn of Rocky Mount and addressed to Frank Hampton, privet secretary to Senntor Simmon. "I believe that it eaa be shown that there are now in the employ of th road forty per ecnt more men thnn are needed to do tho work, observes th Nash county citizen who has made first hand investigation na to railways operations in Boeky Mount. 'I have com to thi conclusion after talking with the employees,'' eommcuts the business ma who proceeds to gite concrete evidence rather than depend on glittering generalities. "Ilere is a sam pie," be indicates, ''there are fourteen ear inspectors, six colored -ad eight white, at South Bocky Mount. It tated on good authority that if the train ran systematically cne man could do all the work, but a they com in at different times four men ar needed Too Many Inspectors Used. 'So here we have a ease where four teen men are doing the work of four, Ibelieve that thi condition prevails throughout the entire system of all roads. It ought to b known and con sidered in any plan that has for it ob ject the proper solution of th rsllroid question. We hop Congress will see th public' (id of th railroad sitna tion and not permit threat of striking or anything ls to (way them ia this Important matter. "The whole country is just now be- ninnins to set a view of th ugly looking railroad problem. It may be of interest to you and Senntor Himmons to know how th people in thi section feel about it. I can say without exag gerating that except for the railroad employe and their families th senti ment is against any concessions of any kind icing made to them. "The public fed that they are al ready being paid tnore than they arc earning, and regard their demaads in the nature of a hold-up. 1 hav taken same little trouble to sound out and Ind out the views of men iu different callings. 1 find n grim determlnatioa mid it .ef , pu rpose to resist to the limit anything that may seem like a surrrn riertt tbe-nggretsive and unreasonable demand of the railroad employes. "Seem to me that while Congress Investigatiug other things it might be profitable to find out to what extent the railronds are being efficiently man aged and operated." Captain Daniels Mastered Oat. Capt. Josephus Daniel, Jr of th United States Marin Corp, the ton of the Secretary bf Navy, who last .week returned to thi country from France, i new out of the service. Hi resig nation from the Marin corps was ac eepted today. Captain Daniel will go to hi horn at Haleigb ia a few days, (Coatlaaod an Pag Two.) ' t . , V. - f t . 1 ROCKY MQUNT MAN TALKS ON RAILWAYS Military Rule Has Been Dis placed and Succeeded By Civil Government KOREANS GIVEN SAME : RIGHTS AS THE JAPANESE Gendarmerie, Which Has Beea Severely Criticised, .WiD, Be Replaced By Civilian Police force Entirely , Under Civil ian Control ; System of Vil lage and Town Municipal Government Based On Pop ular Suffrage Will Be Under taken; Present Government In Korea Will Be Entirely Changed ' r - Wsshlagtoa, Aag. 80. Local . self-. government for Korea aad ? reform looking toward bom rule, are an nounced ia aa Imperial rescript issned yesterdsy ia Tekio aad received her today at th Japaaes embassy,- Th military . government w im displaced and ncceeded by a eivQ on. Th military gendarmerie, so much bu der criticism of Into, la to b replaced by a civilian police fore, ntirely nn der civilian control. A ytem of vil lage and towa mnnlcip! government baaed oa popular snffrsg also is to b undertaken. ...,,....,,....,. Poeeibly moat important of all, from th Korean point of view tb rescript by th Emperor of Japan provide that Koreaat shall hav th tn privilege and legal right aa Japaaese. Hereto fore Japanese have beea a privileged class. ."-!-. Japaaos Kmperor'a Rescript. ' Baron 8aito, former Miatater of Stat, aad on of th beat knows of Japan tnteamea become Governor General succeeding Marshal Fasegawa. . Kir. Midznmo, former - Minister of Iattrlor In th Kato Cabinet succeeds Director General lamagata la administration, The m-ntiv orders earrrlne lata ef fect he Emperor' rescript were Issue 1 today ia Tokiq,bnt hav apt yet beea received here. They at tliaed, how ever, la a atntomcnt by Premier Man, cabled tc- tbj trT..Tk Emperor rescript follow i "Wa bar am mad it tar In t promote the mwarity ad welfare of oar territory of Korea and to xtend to the native populatloa af that territory a our beloved. rabjeet a fair aad impar tial trcarvat ia all reepeete, to th nd that they may without distinction of persons lead their Urea in peae tad la contentment We art persnadad that tb stage of development at which the general situatioa has now arrived, call for certain reform la th ad ministrative organisation ef th gor-ernment-genernl of Korea aad w laraa nor imperial command that nek re forms b put Into operation. The measures thus takes ar solely designed to facilitate th working af adminiatratioa and to secure good aad enlightened gjvernment ' in pnmuses of onr settled policy aad ia fulfillment of tb altered requirements f tha country. Especially ia view of tha terminntioa of the wnr la Europe and of mpi'l efts ages in tn affair or xna world w consider it highly desirable that every effort should b mad for th advancement of tha national re sources and th well being of tha people. . ' ' . . .V, Premier Ban's Ststossent, ' "We eatl npon all th pvhli fnne tionariea concerned to exercise thir best endeavor ia obedience to tag wishes ia order that a benign ral nay. h assured to Korea aad that th peo ple, diligen', and happy ia attending? to their respective voeatioat, may en joy the blessing of peae sad con tribute to th growing prosperity ol the country." Premier Ham' atatement follow: -"Nearly tea year hav elapaed siaea Korea wa incorporated into th Eaa- - pi re of Japan aad ia new of aigaiSeaat change which hav meaawhil pr- sented themtelveo in th condition af the country, a plan of varion reform in th Korean ndministrntioa ayatoaa ha for some time beea ngsglnf my attention. . "Unfortunately ia March last dis turbances broke out in several parts af the peninsula which for obvious reason . . . al- . i . : . At. nv rernrneu in iniroaumon oi snw contemplated reform. It will aot ba necessary at this moment to fiv a fall sccou vt of those disturbance. It la much to 1e regretted that a is gener ally the east under Ilk cirenmstaneaa they gave birth to wild and baseless representations tome of which vs went ao 'far aa to make new stories sot of old incidents untedatiug th aaaeaa tion. Present Coverament Bcrgsaltd. -1 "Being determined t be perfectly just and fair in the conduct of affair . connected with the recent uprising the Covernment will admit so lcos for any culprit whether i b a government official or a private citiaen. Tnk th Suige occurrence, for instance. Thr th government hid caused ,thrV sponsible officer who had already bees subjected to sdmioistrative censure ts K- ...miirlit fnr trial hefora a tour I martial. . a. "Ia proceeding to th reorganization of th system of the government general of Korea, 1 regret to nnomee th res- ignatloa of Marshal Hasegawa, gover nor general, nnd of Yamagata, director, rearral of idminjft ration, both of whom hnv rendered eminent service to th Stat at th importaat post which they hav occupied for several year. Ta fill th vacancies caused by their retire- aBSBBBBBBBBB - . . (Continued aa Pg Tw)'f