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rver Parti cleady and eeetiaaed mI Friday Saturday fair vita rising tamperatare. ' en your payer. Send renewal Ova eara eafore expiration In order to avoid Biasing alncla copy. . . VOL CXIII. NO. 126. : TWELVE PAGES TODAY. RALEIGH, N. C. FRIDAY MORNING. MAY 6. 92I. : TWELVE PAGES TODAY. PRICE FIVE CENTS m 1 1 iii e News .flimio u rase SUPEIIIJDEIIT ; RALEIGH SCHOOLS Signs . Agreernent For Four Tears at salary pi 5b,buu Annually 1 WILL BE SECRETARY SCHOOL COMMITTEE Former Superintendent of Pitt .' County Board Will Assume .' Duties, Here' July 1; . A ;- nouncement Is Hade After Conference Between Mr. Un. ' derwood and Committee 8. B. Underwod, of Greenville, yes terday accepted a four year eoatract .. as Superintendent . of : the Baleigh ' Schools at salary of 15,500 -a year. Heretofore the poaition ha paid p,- - 200 year and employment hai beea on one year basis. . The sew Superintendent attended an executive session, of the school eommit- ' tee lasting several hours yesterday aj which was drawn np a "memorandum of an agreement,'' by the terms of which Mr. Underwood will have much wider powers than hare erer been rested in ( the head of the local school system. If r. Underwood will not only act as executive' officer pf the committee, with v fall control of administrative matters, but will also be the secretary and n nan rial officer of the committee, J. F. Ferrall, the preseat-eeeretary,. having . tendered his resignation aa aecretary effective July 1. Hewill have fuU control of the administration of the ' budget, which will Je prepared jointly by the Committee and the Superinten dent, and will select and assign teach ' era and other employes of the school system. , It was also announced yesterday that the Superintendent's office at the High School building will be abandoned and that the new Superintendent will be provided downtown offices, with suit able clerical assistance. Publish Monthly Resorts ' , Another innovation announced Is ' publieationof monthly reports dealing with the financial and general condi tions of the school system. r The term of the new Superintendent will not begin until July lj but he an . uoanccd yesterday that he wH spend ' a much time in Raleigh as possible riot to tfcn date. He also staked that1 no; announcements regarding personnel win be mad until he can hold a eonfsr-"'- ewe wtt Hirrry Hown.-hw-preew Superintendent, and Miss Lelia Cobb, supervisor of elementary education. Prior to the meeting of the commit tee yesterday, Mr. Underwood held a conference with Mr. Howell, and the i latter assured him of eo-operatlon In every possible way in beginning his aew duties. Mr. Underwood was the unanimous first cboieo of the School Committee for the position nnd members of the com niittee expressed themselves aa highly gratified by his acceptance of their offer. Yertc-.'- v s meeting was attend ed by Hip Ml membership of the board which is as follows: Mayor T. B. Elriririgc, cli-irninn ex officio, J. F. Ferrnll, A. M. Mntipin, 8. Wade Marr, Mrs. W. A. Withers and Mrs. W. A. Up church and W. J. Andrews. At the close of the meeting Mr. TJn-lrrwood staled thnt he is thoroughly satisfied with the terms of his agree ment and is confident that his relations with the board will be harmonious. Only Concern Is Future No ono has attempted to deceive me about the situation here, and I realise that I am entering upon a dif ficult task,' but I am not eoneerned about past .squabbles and am looking only to the future" he stated. "I have accepted the position with complete in formation and after mature delibera tion, because I see the opportunity to do a big Job and my only concern is to build up the school system of Baleigh, with the co-operation of the people of the city'' he added. Mayor Eldridge stated yesterday that the sole purpose of yesterday's meeting waa to confer with Mr. Underwood con cerning his duties and that the matter of a building program is awaiting the report of Mrs. Alice B. Fernandas of the Bureau of Education of the United States government, who recently made a survsy of the city's educational facili ties. Mrs. Fernandea is expected to return to Baleigh within a few days to make her report and Mr. Underwood will also attend the meeting at, which the report is received. Underwood's Record. Mr. Underwood waa graduated from Trinity College in 1900 with Magna cum Laude honors. During his college ca reer, ha waa editor of the college magazine, president of the Y, M. C. A., . . i i . ! a- president i;oiumuiaa xjiterory duuivlj, member of the college debate council, assistant librarian, latcrsociety debater, winner of Wiley Grey Orator's medal, instructor in Trinity Park School, mem ber of "9019" scholarship fraternity at Trinity. During the year following bis grad uation, he was professor of English in Southern College Sutherland, Florida, and from 1907-10 he was superintendent f Hertford County Schools. For the year 1910-11 he waa bead master Trin ity Park Henool and professor or secon dary education in Trinity College. For three years beginning 19rt, he was superintendent of the Einston City Schools and during his administration the bonds for the present High School building wss Toted. Reorganises School System. Since 1914,' he has been superinten dent of Schools for - Pitt County and Professor of School Administration in East Carolina Teachers' Training School. During this time, he -has vir tually reorganized the school system, by means ef consolidation, transportation, improved equipment,' new buildings, and better trained teachers. The local tax districts have beea multiplied by three and one teacher schools reduced fifty pet cent, while the total number ((Continued oa page, threeX 'U. TAKES CHARGE RALEIGH . SCHOOLS ON JULY 0 v i w 8. B. Underwood Mow Supexjateadeat Pitt Ceanty Schools. Governor Morrison' Appoints Six Eminent Members of Profession Governor Morrison made good his early promise to equip State Hospitals and institutions for the unfortunate in North Carolina with larger and more effective medical staffs yesterday when he announced the Board of Con sulting Surgeons for the Hospital for the Insane at Morganton. This, he stated, will bo followed by the appoint ment of a aunilar board for the Cen tral Hospital at Baleigh and for the Other iaatitutions of the State. The plan eoatempUted includes the ap pointment of. other boards of practicing physicians for these institutions. , The Mergattton board is composed of Dr. J. X. Stokes, of Salisbury; Dr. A. 0. Brenizer, of Charlotte; 'Dr. Henry F. Long, of Statesville; Dr. J T. Burrus, of High Point; Dr. Henry Norris of Bntherfordton, and Dr. W. F. Griffith, of AshevU)e. These surgeons, all eminent in the practice of their profession in North Carolina, have agreed to serve without pay and will have, according to the Governor, the full support arid co operation , of the . superintendent and the directors of the institution. Governor M orrison believes that with the services of this board, the inmates Of tho Institution: nU teaelve treat- conditions nnd which neither they it the State can afford to have done financially. The members of the Board agreed to give their services withoat charge as a humsaitanan work and it is believed that many patients in the various institutions may be restored to complete health by the help of the medical men. The Governor has in mind a complete program, that not only will provide more effective medical service at the institutions informed of the progress of medical science and methods through lectures by specialists of na tional reputation. The members of the board were yesterday commissioned in dus form by the Governor. NATION-WIDE SEARCH FOR WILLIAMS' SONS Macon, Gsu. May S. A nation-wide for Marvin Laerolr and Hulon Williams the three sona of John 8. Williams, farmers of Jasper county, who with their father were indicted here by the Federal grand jury on charges of con spiracy to return or hold negroes in a state of peonage and also on a charge of peonage, will be started immediately by Federal agents. They are under in dictment in connection with the death of fourteen negroes who are said to have been killed on the Williams farm. John 8. Williams waa recently con victed in the superior court of Newton county on charge of murder and sentenced to life imprisonment in tho State penitentiary. He is now in the Atlanta jail pending the hearing of a motion for a new trial. Daniels Tells of Offered BT JOSEPH US DANIELS Former Secretary of the Navy 111 to 121 The naval consulting board was cre ated in 1815, with Thomas A. Edison at its head. The announcement of its creation resulted in nn avalanche - of plana, charts, diagrams and models which kept growing in volume and variety until more than lOO.pOO sug gestions for inventions and proposals for the utilization of existing devices in new ways had been reeeievd, classi fied, card indexed, examined and pass ed upon. Eighty per cent of them were devoted to putting the German U-boats out of business. The subma rine early gripped the American ima gination, and stimulated the inventive spirit of the most ingenious people in the world. I remember one Monday morning , in 1917, finding Admiral William Btrother Smith, who had charge of this Work with the. consulting board, gaxing in something like consternation at three huge cache of mail containing about 2,000 letters and packages. We were literally besieged by geni uses of every variety, enthusiastic, petr sistent, and each of them convinced that the adoption of his plan or device would brine- the war to a vietarima end within a few weeaa. We dared not turn any ef them away the first time, sines no one could tell until some inquiry had beea made whether the most ualikely looking person might aot have a really worth-while, proposal to offer. But once the impossible crank and the impracti cal theorist were discovered Bad labeled NAMES ADVISORY STAFF SURGEONS in the mind of Jhe department, steps man m-AH : mm mm v v vka w vmm 1ST I ULnill NLniUMU iu lurumuiu uiuuuuu , ua.nn.yii uimuiuiiu 1 DEAL MAINLY WITH FOREIGN TRADE AS .: INCOME TAX PROBE HELP TO BUSINESS Senator Johnson Not Expected To Push 'Betrayal" Charges, It is Stated , TWIN CITY MAN SAYING ' .. NOTHING, SITS TIGHT ScTeral , Democratic Senator! Keported Is Biding With Calif ornian In His Fight On - Confirmation; Lull In Circuit Judffihip Fight; Virginians FnshWaddiU The Nesw and Observer Bureau, 603 District National Bank Bldg. By EDWARD K. BRIXTON. ., (By Special teased W!re. Washington, May 5. The next turn in .the wheel ef fortune in the ease of David H. Blair, of Winston-Salem, and the signing ef bis nime ss ''Commis sioner of Internal Revenue" is an nounced to. come Saturday morning at 10 o clock. At that time the Senate Finance committee to which it wss re ferred br the Senate, after Senator Hiram Johnson had tired aome broad sides into it, will go into the Johnson charges. A full attendance of the com mittee is expected, for the ease Has excited the greatest interest, a ad the Johnson charges are to have a thorough airing. The understanding now is that the hearing will be with tightly sealed doers, but something may leak through. With' another try before the (senate ahead of him, and trusting that it will again be on favorable report from the Finance committee that the Beaate will go at the matter again Saturday after noon or early next week, Mr. Blair, the selection of President Harding and See retary Mellon for the Commissioner of Internal Revenue, is "sawing wood as to any statementa from him. as to the attack made by Senator Hiram Johnson on his appointment wljen it came before the Senate. Not that he la simply sit ting down and swatting for things to turn up, for he keeps in contact with .... . . . 1 1 i : political irienas, as wou as nuuuni friends. Among those there is ex pressed' the greatest eonfldence in his ultimate confirmation by the Senate. That Senator Johnson is only delaying khe inevitable is the opinion freely ex pressed,' To Tftfesli Oat Income Tax Matter. I learn from the most reliable soureee that there will be aliiht attention gives in the Maanee committee te the charge n n - inanssn tint V- trayed". hint at Chisago. , It is being neUtea" tut that the Republican pri- maar vote in North Carolina was so very small in comparison with toe total .Re publican vote that the preference ex pressed for Senator Johnson as the Re publican Presidential nominee could hardly be called convincing, and that besides this neither Mr. Blair nor any other member of the North Carolina delegation to the Republican National convention received any official notifi cation of the result of the primary, their only informrtion being that given by the newspapers, and that this being , after the vote of the State bad beea recorded in favor of Judge Pritch srd for the nominee, and his name be ing out of the way the delegation had the right to vote as it considered best. But there will be consideration of the charges made concerning the relation ship of Mr. Blair to Mr. J. W. Cannon of Ooncord, as to the effect of this upon the eall being made by Mr. Cannon for a refund of what he declares to be an unlawful amount charged on income tax. Friends of Mr. Blair say that his character for square dealing and honesty will prove a stumbling block for Sen ator Johnson, and fbat it will be recog nised that Mr. Blair as Commissioner of Internal Revenue would not attempt to go behind the legal unit of the in ternal revenue department in any re versal of any finding that it might make as to the just amount of tax that Mr. Cannon and those of his family inter ested are held to be due the govern ment. In the squabble thst Senator Johnson precipitated in the Senate Mon- (Continued On Page Four.) 100,000 Plans "to End the War 99 were taken to prevent their wasting precious time of busy officials by re newed visitations. "Idea Worth MUns" As I was discussing department busi ness with a bureau chief one day, the telephone rang, and a clerk said "long distance" was calling. He did not catch the name clearly, but thought t waa Mr. Ford. I found in a moment that it was not the famous Detroit automobile maker, for the man at the other end of the line began talking a blue streak, starting out with the declaration : I've invented a thing that will wipe out the submarine, I've got something thst positively will end the war.'' He seemed quite excited about it. I asked him what it was. He said he could not tell me over the phone, or intrust the secret to mails or telegraph. "Send it to our inventions board," I suggested. "Not on your life!" he replied. "They might steal it, and Td never get the credit for it. It's worth millions, mil lions!" He said he would never show it to but three people the president,. Mr. Edison and myself; and all three must give the pledge of secrecy. "There's not a moment to be lost, and Tw'ant to bring it to Washington my self, he exclaimed; "but I must be careful. If the Oermana knew I had this, their spies would murder me." "Wire tS,M at Once , "All right, bring it on,' I remarked, "Send me 13.000 by telegraph this afternoon, and I'M start tomorrow," he ' (Coatlnned, .Oa Page. Tonr); Issue Warning Against Hasty Legislative Measures To Re , lieve Conditions ' NATION-WIDE CRUSADE AGAINST BANK ROBBERS Ezecntirs Council of American Bankers' Association Op poses Development of Cot. eminent Organisations To Compete With Sayings InitL tntions Pinehurst, May 5. Reports of com mittees bearing on financial problems in relation to public policy were read today at the meeting of the executive council of the American Bankers' As sociation, in seaaion here. The in fluence of European business and financial conditions on the United States was discussed in a report by John R. McHugh, of New York, chair man of the commerce and marine com mittee. Warning against "hasty meaaaree of legislation dealgaed U relieve the ab normal conditions at sVeeent existing in trade and Industry" wss sounded In a resort ef the economic policy com mission ef which Psnl M. Warburg la chairman. The poaition taken by John S. Dram, of, San Francisco, president of the association In aa address urging the creation of Instrumentalities for exten. elon of credits to foreign buyers wsa aapaorted by Mr. McHngh, A resort ef the aavlags bank division opposed development of government or ganisations te the extent of creating competition with savings Inatltatloas. The eeancil also decided to make a erasade against balk robbers because of the crime, wave. Approval ef the McFadden bill, cre ating a aew position to be known ae the ITader Secretary of the Treasury and abolishing the ofllce ef tho comp troller of the currency, waa embraced today In the report of the economic policy commission. Urge Strictest Economy "We believe," the report says, "that the governor of the Federal Reserve Board should be elected by the board instead of being named, with the vice governor, by the President, and that the governor. Instead of the Secretary of the Treasury, should be tho presiding offices. The latter, being rarely able to attend 1 the - wteetings, - -camtot be closely la touch with pending business. On- account of the imperative demands which the regular duties of the Secre tary of the Treasury make upon that official, we view with favor the sugges tion that the position of Under Secre tary of the Treasury, corresponding to the position of under secretary in the Department ef State, be ereated, and that this official represent the Treasury on the board." The report emphasized the necessity for the strictest economy in all branches of governmental affairs. "We urge," it continued, "that the estimates for the military and naval establishment be carefully considered, with a view to bringing about a reduc tion of such outlays wherever prac ticable and we trust that the influence of the United States will.be exerted to ward promoting an amicable arrange- rfnient among all nations for definitely limiting and reducing this class of ex penditures in the future. The repeal tt the present tax upon excess profits, was urged while the pres ent levies upon transportation, especi ally upon freight, were said to be harm ful on business. In its consideration of the problems confronting the rail roads of the eountry, the report said it was idle to seek a cure-in govern ment ownership and operation. TLi Esch-Cummins law, it continued, has not h-.d a fair test and there is good reason to believe that in normal times and with some modifications it will prove itself capable of effectively meeting our railroad problems. Plan Natien-Wide Crsaade. Plans for a nation-wide crusade against rank robbers wss decided on by the council. Ways and means of stamping out tie prevailing crime wave were discussed and the opinion ex pressed unanimously that never in the 47 years of the organization's history were its 23100 member banks in as urgent need of protection from burg lars and hold-up men as today. The protection department of the eouncil reported that an average of four criminals a wek had been con victed of attacks on member banks since the department was established. Presidentt John H. Drum, of the asso ciation, told the eouncil in an address that the problem of American busi ness was "to create credit machinery to make possible tho absorption of our excess of manufactured goods and raw materials in foreign markets." The report of the savings bank di vision, submitted by its chairman, W. A. Sadd, Chattanooga, flatly opposed in jection of tho postal savings system as an active competitor for savings de posits, further sales of wsr savings, se curities, development of the Farm-Loan Associations1 as saving institutions, es tablishment of a Federal home loan sys tem ss a means for utilizing public funds and credits for private use and ectendUg exemption to incomes frpm investment shares of building and loan associations. Sate Time and Labor Time Is money; dilatory methoow ar intolerable today. The business world demands efficiency and dis patch. To eliminate delay make use of the Want Ads. . . To ranch the right persons quick ly and emphatically to send the message of urgency straight to Its onrh rommliilon tho Want Ads to undertake your taak.1 The Want Ad Columne are the great economists Of time and labor Phone 117 our Want Ad man will gladly call for your ad. STARTS PCK Oil EMERGENCY TARIFF Joins Democratic Leaders In Opposition To The Antir Dumping Clause PENROSE MAKES SPEECH IN SUPPORT OF BILL Simmons Charges Republicans With Attempting- To Trans. fer "A Lot of Commodities . From The Free To The Duti able List" (By Use of The Anti-Dumping Clause "Washington, May 8. Democratic leaders in the Senate continued their attack oa the emergency tariff and antl dumping bill today, although friends of the messure, headed by Chairman Pen rose, of the Finance committee, fought them at every point. Mr. Penrose de livered an hours speech, the first ex tended remarks in nearly two years, in support of the measure. Senator Simmons, Democrat, North Carolina, eharged the Republicans with attempting to transfer "a lot of. com modities from the free to the dutiable list" by use of the anti-dumping clause and argued that those provisions were certain to prove a handicap instead of a relief to agriculture. "Some benefit will inure to the far mere through the tariff items in the bill," Mr. Simmons said, "but those benefits will be absorbed many, many times over by the burdens which will be added to the already burdened backs of tho farmers.' Anti-Dumping Previsions. The Senator referred to the anti dumping provision later as msking the manufacturing interests beneficiaries of the bill. He said he saw no reason for inserting anti-dumping provisions unlesa somebody waa going to be benefited, since Senator hfcCumber, Bepubliean, North Dakota, had informed the Senate that the provisions would do "little good and could do no aarm." Mr. Simmons predicted a clash be tween the Senate and the House when the measure goes to conference. Be publiean leadera in the House, he said, were "wedded to the anti-dumping and currency conversion plans carried in the bill as passed by the House, but stricken out by committee in the Senate, and he added that he believed the liouse would compel the Senate to write them them la the hill again,; . r v-- (-.; -i?r ); Penrose Makes Saeeca. ' '"ITrrPennwe's speech waa given over largely jw taplanatioa of technical pre. visions ef the bill, although he sub mitted estimatee of government actua riea showing that tariff item in tli bill would produce approximately 1105,- 000,000 in the aix months the law would be effective. He added that the amount was $45,000,000 Isrgcr than the revenue received from the same sources under the present tariff lawa. The Senate recessed tonight la order that debate on the tariff measure might be taken up by priority when the Sen ate convenes tomorrow. Mr. Penrose said he then would attempt to reach a definite agreement with opponents of the bill for a day and hour for a final vote. Simmons Opens Bsttle. Senator Simmons, opened the bsttle on the bill. He did not conclude today, but will continue his remarks in oppo sition tomorrow. He called attention to the fact that the pending bill is, with a few frills and more deceptions, the snme bill that was passed by the last Congress and vetoed by Prrsr deqt Wilson; that it eould not have passed In the Senate in the last Con gress exeept for the reason thst the Bepuhlicnn majority felt certain thnt Preaident Wilson would veto it. Its injustices end iniquities, he declared. were so manifest and the attempt de ceit of the farmers so apparent and an raw that it deceived nobody at the time except the members of the Bepublicaa party, who held on to the forlorn hope that aome political advantage might be gained by a bill ostensibly for the protection of the formers' products, but which every person at all informed knew eould be of no possible advantage to the American farmer. He colled attention to the fact that he had predicted in the last Congress that if Harding was inaugurated, the Republican- Congress would not pass (Continued On Page Four.) Unemployment Continues to Increase in United States Increase During April, Reported By Department of Labor, Four-Tenths of One Per Cent ; Frost Damage In. South Seriously Affects Employment Prospects ; General Conditions Washington, May 5. Unemployment throughout the country increased four tenths of one per cent during April, according to figures made public to night by the Department of Labor. A decrease of 7,037 workers from the payrolls of 1,424 firms in 65 principal industrial centres normally employing 501 or more or a total of 1,000,000, was shown by the labor department statis tics. Since January these firms have let out slmost 50,000 employes, or 22 per cent. Of 53 industrial centres east of the MississiDDi. 28 showed decreases in em ployment during April, sgainst US show ing improved conditions, ine i acme coast, the statement said, almost uni versally lost ground, inactivity io ship building and lumber accounting lor much of the reduction. In the iron and ateel industries there, was a de crease of employment of 30,055, or 7.8 per eent, but automobile manuiaeiur-int-. which showed the biggest gain is employment of all industries, added 31,- 986 workers, an iaeresse oi zz-a per eent for the month. Automobile, leather, textiles and ULTIMATUM CALLS FOR ANSWER FROM GERMANY MA Y 12 ONLY WOMAN DELEGATE TO COUNCIL RETURNS Copyright Underwood and Underwood Mrs. Wendell .Phillips, American delegate to the Inter-Allied conference on indemnities and reparations, return ed to the United .States a few days ago oa the steamship Aqnitnnta. Mrs. Phillips, wealthy and socially promi nent, is a member of one of New Eng. land's oldest families. "She was made a Commander xt the Legion. 3rd degree the highest honor ever paid a woman by the French government. Mrs. Phil line is also founder and national chair man of the ''Carry Oa" organisa tion. - Double Killing Starts Many Ru mors In Greensboro But They 'Prove; Baseless , - Greensloro,NMny Sensational s velbpmettcamj thick and fast today in the development' of the aftermath of the shooting affray which occurred. here late yesterday afternoon and in which Policeman W. Thomas MeCuiston and Tom Robertson, alleged whiskey run nef, were shot and' killed and Lewis Kdwards, of Danville, self-eonfessod participant, caught and jailed. Carl Talley waa seen in llillnlale, small village, 12 miles north of this city, shortly after noon today, accord ing to advices received by local police officers late tonight. A Mr. Warren, plantation owner, reported that he had walked down the road with Talley and that Talley had eaten onions out of his patch after he left him. Talley was headed toward his home at Leaksville. Officers were 'dispatched to head him off before or as he crossed Dan river. Guilford and surrounding counties were being combed today for the third member of the trio of alleged whiskey runners, who is still at large. Two members of the party have been accounted for. Tom Boliertsnn was shot to death when he refused to sur render after officers had overtaken him just at dusk last night and Lewis Ed wards, son of a Danville policeman, af ter being raptured near the Guilford battle ground last night, is today in the Guilford Countv jail. Armed Men Keep Tigll The third and unaccounted for mem her of the party, according to Edwards, is Carl Talley, of Leaksville. Rumors gnlore spread early today. One report was that Tnlley had been captured at his homo in Leaksville, but when several local officers reached Leaksville the report proved false. Armed men kept a constant vigil about the battle-ground hist night after (Continued On Page Four.) liquors, tho four industries showing re coveries, took on 42,038 workers,' Frost Damages Fruit. Reports from Delaware, Maryland, District of Columbia, Virginia, West Virginia, 'North Carolina, Georgia and Florida allowed that damage to fruit crops by frost had - seriously affected employment prospects of casual work ers. Shipbuilding and railroading were given as slack in Delaware. Unusually good spring weather ad vanced farm work in Virginia. At Richmond 'unemployment continued in almost all industrial lines, women work ers being particularly hard hit. At Norfolk unemployment was most prevalent in clerical work and ma chinists' trades, but showed some de crease, during April. Roanoke reported building as picking up, and employment in transportation as looking better. . Cotton mills in North Carolina main tain their forces at about the March figures, but at reduced hours. In South Carolina, cotton mills added 364 employes during the month, and suffered at most but , a 1.3 per cent force reduction in the mills. 0 ' i J U , ri4'. C0NT1ESH FOR MISSING IN Germans Must Comply With - Reparations Terms or Allies Will Take Military and - Naval Action GERMAN AMBASSADOR AT - LONDON GETS ULTIMATUM FROM SUPREME COUNCIL Allied Reparation! Commission ' To Hand Ultimatum and Pro. tocol To German War Bar. dens Commission In Paris Today; Member of German War Burdens Commission Snmmoned at Paris By Allies To Eeceire Documents; President Harding' BUS Has Invitation From Supreme! Council Por United States To' Be Represented On Body As Well As On Reparations Commission and Council of Ambassadors, and Kay Pre cent It To Cabinet Meetinr Today London, May 5. (By the Associated ' ' Press.) Members of the Supreme Al- -lied Council shortly after tea o'clock ' this morning signed aa ultimatum t be dispatched to Germany which ante bodied reparations terms of the Ea tente, gave details of the guaraataefl to be enacted and demanded that Germany accept or reject the Allied terms before May 12. Dr. 8tahmer, German ambassador here, was immediately summoned to Dowsing Street, and upon his arrival -Was handed a document containing the ultimatum to Germany. While the uU timatum and the protocol signed by. the council today were in . the form! of one document, only the former wag given the German representative. The Allied Reparations Commission will, however, deliver the whole document to the German War Burden Comiaia sion in Paris tomorrow. Prime Minister Lloyd George and M. . Jaspar, Belgian foreign minister, signed ths English and French texts ef the ultimatum first, and were followed by Premier Briand, of France, Count Sforea, Italian foreign minister, and Baraa Havashi, Jspeaeec ambassador te ' Great Britain. 1 Terms as? The Protocol The Protocol to be hnsded ta German War Burdens Commission is Paris tonight by the reparation com mission soys: . "Germany will perform la the man ner laid down in this schedule her obli gations to pay the total fixed la ac cordance with articles 231, 232 and 233 of the treaty of Versailles, 13200,-, 000.000 gold marks, less (A) the amount already paid, on account of reparations! (B) sums which may from time to time, lie credited to Germany in respect to state properties in ceded territory, eet.r (C) any sums received from other enemy or former enemy powers, 1st respect to which the commission may decide credits should be givea to Ger many, plus the amount of the Belgian debt to the allies, the amounts of those reductions to fiedetermined later by ' the commission' " The protocol then provides for the issue of bonds, as has previously beea outlined, and which shall be seeurel on the whole assets of the German em pire and the German states. The first series of bonds, for thd smount of 12,000,000,000 gold marks, the protocol says, shall be ereated and . delivered by July 1, 1921, but the is . tereat of five per cent, plus one per eent for sinking fund, shall be payable half yearly from May 1. The second "Series, for 38,000,000,000 gold marks, shall be issued oa Novera her 1. The third series, for 82,000 ,000," 000, gold marks shall, not later tham November 1, be delivered to tbe repara tions commission without coupons atv tached, and will be issued by the com mission as and when, it is satisfied the na v menu which Germany undertake ta make in pursuance of this agreement are sufficient to provide for the pay, nient of interest and the sinking fund on such bonds. The sinking fund shall be used for the redemption of the bonds by annual drawings at par. Government Beads The bopds will be German govern . . . . i . . i nient Dearing Donas in sucu igrm u such denominations as the reparation) commission shall prescribe for the pur pose of making them marketable, and shall be free froBy Herman taxes and charges of everydescription, present and future. - Until redemption of the bonds, Ger many will be required to pay yearly 2,000,000,000 gold marks and 20 per cent of the value of her exports as irom May 1, or, alternatively, an equivalent amount as fixed on any other index proposed by Germany and accepted by tbe reparations commission. "It is provided, tbe protocol eon tinues, "that when Germany shall haw dischnrged all her obligations under this schedule, other thsa her liability with respect to outsanding bonds, the' amount payable each year uncjer utg paragraph shall be reduced to the amount' required in that year to meet the interest and sinking fund oa the bonds outstanding. , Mast Pay Billion Marks. Oermanv is reouired to pay within twenty-five days 1.000,000,000 marks in gold, approved foreign bills or drafts at three month on the German Treasury. endorsed by approved German banks in London, Faria, flew lora or otner places designated by tbe .Reparation - Commission. These payments will bs treated as the first tw quarterly Installment of the amounts due oa Germany a f liability to pay ZfiOQflWJjW mark yea (Ceatlnaed pa Page TtO. iSjj
The News & Observer (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
May 6, 1921, edition 1
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