44
'
Buy W. S. S. And
Help to Bring The
Boys Back Home
Thankful for Peace?'
Then, Give To The
War Work Fund.
a
VOL. 3
WEDNESDAY EVENING, DECEMBER 4, 1318.
No. 285
fe
PRESIDENT WILSON
! FOR ALLIED
Joe. With Determination To Crush Militarism in
Any Form. Sailed on Transport, George
Washington y
S New York, December 4. President Wilson sailed today
for Europe to participate a one of the five representatives of
the United States tojthe Peace Conference to be held in France.
t' The transport, Ueorge
10:15.
Prior to the PreSident'i
4e goes determined agahstVmilitarism in any form.
The crushing of Prussian
fr the future peace of the world the President feels, accord
istg to persons who conferred with him aboard the ship before
Hailed. '
As the transport swung out into North River President and
Mrs. Wilson stood on the flying bridge at the highest point to
which passenger could climb
playei-' Over There." ,
. IHNDENBURGTO
. . REARRESTED
(By Associated Press)
TJopenhagen, Dec "4. The So.ldlers
-sad Workers Council st Leipstc has
decided that the German general
headquarters shall be dissolved and
Field Marshall Von Hlndeuburg ar
rested, according to the Berlin Lokal
Aaselger.
tUBD CBOHS WKLi'OMJC HONOR
ROLL
JHyw that the .
' "v "War h over,
f tbe Victory's won.
a Might has tost
' 'And rigiU has won,"
'a soldier boys wilt be eomlsg home,
It Is the wish of th Elizabeth City
i'Cfeapter at the American Rod Crow
. ta welcome the beys and show them
. - la ever? ' possible our gratitude
fsf their volent service.
The Home Service would appre
ciate any information from pareoU
-regarding the (lay et arrival of tol-
der boys. The names wili be- pub-
. lUhed ta The Advance us thfose boya J-
arrtTe.
Mrs. Msry Miller Lamb,
Chairman Home Service.
GET IT TOUAY. That stylish
bat yoa've ieen ' wanting. They're
going tea hairy At VltchoUa big; sale
es millinery.
' XOTICH ' .
Ta the local No. 20S United TJro
4harhood of Carpenters aud Joiners
ef America:
la Important araertinc mi be bel l
(sight at seven o'clock at the reg
alar place ot meeting and a matter
of great ImporUnee. especially to
tace who tallra aick benefits, will
he brought up.
Every member la arced to sttond.
' 0. G. BAWTXM. Fiaaaclal Sec.
Oet that tat you thought you
eetldn't afford. Inhere T At theig
Millinery aale at MITCHELLS.
CTES NICHOLAS
WAS DEPOSED
(By AseocUted Frew)
Paris, Dec. 3. The Royal Monte
negrin government has Issued a state
ent denying the report that King
Nicholas bas been deposed. ,
HTS, good looking hats. New
est stylee. We've simply . thrown
them all on the counter abd are
cleaning up our Millinery Depart
ment. It's your chance. Come to
MITCHELLS.',
IXWT ON HLMUV, WXS. 1ST., ON
Martin or Main Street, between the
residence of A. 8. Neal and Dr.
Pendleton, o )e chill's silver wrist
watch. Finder please return to
Dr. Pendioton. D.4-3'.pl
MILLLNFKY AT "JHTCMHLI.J5
That's the slogan, -and fen'd bt
'marry mad get Oe bat rofl't bocw
-wgatlag.
SAILED TODAY
PEACE CONFERENCE
Washington, got unaer way ai
departure it became known that
militarism was a part of his plan
.and the army band 'on shore,
. -
It
BURN HOMES OF
CHRISTIANS, TOO
London, Dec. 4. Recent pogroms
ln'Lember release! Ukranlan crim
Lembecg
inals, who also sacked and burned
many homes of Christians, according
to the Polish Press Bureau, quoting
a Stocffiolm dispatch. v
Allegations that tho Jewish press
Is incriminating the police and sol
diers were declared false.
WILSON STARTS
ON IDS JOURNEY
Now York, Dec. 4. i'rei.i-ot
Wilson's special train arrived itt
Hoboken T : 80 tb's nornlnr.
BEAUTIFUL MILLIbTKUY at most
reasonable prices. WleroY Why, at
MITCHELLS.
BARUCI! RESIGNS
, 5VHSfACCEPTS
.Washington, Dnc. 4. President
Wilson has accepted the resignation
of Bernard M. Raruch as Chairman
of the War Industrie Board effec
tive January 1st and hah agreed that
the War Iadustrlea Hoard shall cas
ta exist aa a Government agency on
that date.
WILSON TO VISIT
, MANY CAPITALS
Manchester, Doc. 4. President
Wilson, the Manchester Guardian
said today that it understands, will
spend a few days conferring with
Colonel House In Peris, ho will then
go to Rome, returning to Italy to
spent! Cbrlstmss tn London; and go
Ing agaia to Paris will spend the
remainder ot bin visit In that city.
WANTS WILSON
TO INTERPRET
Washington, Doo. Ge joral d'a-
cosslon of the fourteen points of
President W11ous peace principle
fwas utartd in the Renutd today by
the nfvweh of Fintntor Frellnqhiiyti
advocating s resolution introduced
by hlinanlf call'ng upon'. Prea'de.-it
Wifton to make a public dTclirRtion
'nterprettng the prlnrlp! tilfcif?
announcod. -
TI1IS DECISION
UNSEATS SULZE!?
(By A'K-'ihm1 Fre)
' War.h:nton, Dr-e. 4 !i.:ij,t V.' "k
ersli?m, n-'piijllrnn. ..-i "b'rtMj
AlsrVn i1o!er-.a in I? II iy -r ("mr
Ih Suitor. I)i THjcrr , th. llouu
'.t!or Cf)m:r.'e t"W. m ,i;l.'y.
Su'w rttr ';(. ; fr,':'"") ol
W''? ftv '' prnr-tnl p;i tn
111 9i fi: lo v i ifttjj tbf
SECRET'RY M'ADOO
MAKES HIS REPORT
Sets Forth Financial History 6f
America's Part in the World
War Today
Washington, Due. 4. The finan
cial liintory of America's iuct in the
war is not forth by Secretary McAdoo
in hih ueuual report drafted bolero
hit) resignation, and mude public, to-
, day by the Treasury. It In the his-
tory. of how the Americun people piild timrtum hud been wnt to the Ger
blllionn in tuxes, raised four grnat'inan government becatiHe all locomo
liberty loans and created a troinen- livus lo bo surrendered under the
dous pool' of credit with which the, terms of the umiiUc cannot be do
Treanury through it's muny war'livered immediiitely.
agencies paid the bills of the army1 The newspaper buys it 1h true that
and nuvy, tho Shipping Rourd and Germany In i:ot keeping up to the
other government dopartmenU. loan-! Bcliodule and General Fo'ch haa given
ed billions to the Allien and millions warning that Germany will bu repon
to war InduHtries, iielpod support tho dlble tor further delays Jjut hiiHn't
tainilles of Blodlers and Kullorn nnd flxed tho time limit for ourrying out
tided farmers over periods of li nan- the clauuci relative to railroad equip
cial stringency. (- . 'nicnt.
"The payment Into the Treasury i 1
of vast sums InWar (axes and from J lug eKtlmutod receipts from -.rdiiury
bond sales,"! gald Secretary McAdoo, sources St. 846,000, 000. In addition,
"und the transformation of our vai - 'be figured roughly on i 'AVU tnor
led and complex economic 11 fo to the than $5,000,000,000 from further It.
supreme tank of winning the wur.nues of liberty bonds rn.l $1,200
have .been accomplished without 000,000 from war saving. The
shock or tinnnvjal disturbance. The figures added to receipts from Lib
credit and business structure of the erty Loan bonds already uol..l m.i
nation remains sound and strong. $14,168,000,000 tho total of pop
The results of the four liberty loans lar borrowings expected during tne
are a tribute to the patriotism of tho year. On this basis total estimated
American people and .to the ecouo-, receipts would be $21,02,000,000
mlc strength of the nation." tor $6,6(5,000,000 lews ttmu tents-
The report constitutes Secretary tlve estimates of disbursements. An
MrAdoo's final accounting of his sto- tual developments are expectod to
wcrdshtp before rot Ir ing as the Na- change these calculatiotm grwutly.
tlon's limine a minister. Throughout The United States' public debt
the report, Mr. .AlcAdoo Mfnrs re. lest Juns 30 was $12,56,000,000
pectedly to the remarkable achieve without taking Into consideration
ments of America's civilian popuU the $1,319,000,000 fre balance In
tion in providing the money und ma- the Treasury to partially offset the
terlalH for war, and acting as lb" t'ebt. Tba public debt Lks been ia
"oager second line of defease." creased since then by tho Fourth
'Commenting ou the show-in of Liberty Loan of noarly $7,000,006,-,
financial arrangements la greut' d. 000 and by Treasury curtlflciatos ot
tail by the document, Treasury Ubra- indebtedness amounting to several
riuns recalled that the flminctsl bis- hundred jnllllon dollars,
tory of tbo Civil War la burW la a Tba report disclosed' for the first
great sjock of mwtty lodgors. tual time tho activities of the Tresaury's
proaonui juorer.wui Vu omui; eon-
Pd.
For the nftoen months ending lj:t
Jane 80 Secretary McAdoo estimat
ed that Us actual cost of the war.
with allowances for tbo governments
ordinary expenses in ordinary times,
amounted to $13,213,000,000. Near
ly bAlt ol this or $6,4,Oe.O0O.
wrjt into permanent investments. iu
the form af shlis, shipyards, war
vessels, army camps, buildings, and
in loans to Allies or to Amric&a
war niuustrtea. ui toe yui a ou- 000,000 were first Liberty Loan con
see 31.6 per cent came from taxa-' vrted bonds. '
tlon. : Tho report also showed that lae
The civil establishment of the gov- War Finance Corporation, up to Oc
ernment daring the year spent $1,- tober 31, had made loans amounting
407,000,000. while the War Depart-1 lo $67,716,000, of which $29,863.
nient spout $j, 484, 000,000 and the: 000 had been repaid, leaving advsn
navy $1,368,000,000. For support CM ouUUndlng $17,863,600. Most
of the army alone the government ' tne loans, or $64,739,000, went
paid out $4,413,000,000. The naval directly to war industries. Public
expenditures Included the construe- utilities were the principal borrow
Uon of now vessels, machinery, arai- r. while lumber companies, coal
ament, equipment and improvements operators, manufacturer snd ntock
at navy yards. Total ordinary dlo ruihers rank next In number of ap-
burscmeeu tor the year amounted to
8. 966, 000, 000 and ordinary receipt Tbo magnitude of the work ot the
excluding money received from Lib- Capital Issue Committee was indi
erty Loans, amounted to $4,174,000,- std by the report that store iu or
000. Loans to Allies during the year ganitatloa last May 17 It hoe etam
amounted to $4,739,000,609 addt- IbmJ near'T OOV applications from
tlonal.
Looking forwsrd, BecreUry Mc- gregatlng about $2,880,000,008.
Adoo found great dlfflculty in fore-; "About 30 per cent of thoee nppli
castlng exiHnditurs for the rurrent 'cat'ns were disapproved" said tbe
fiscal year which ends next June : r"purt, ' and three wire meetly of
on account of the sudden coining of 'iisractir involving new extensions
pence. Estimates which he pre.oot- n would not be contributor;- lo
sd are bauod on calculations of each tfeo winning ot the war. Tk pro
department In sdvanrtj of revision of approximately i.
ince thu signing of the srmi-tip l t onnwsary. " ituiM wlilch
ind he does not rocsider them re! a- t-'uld be pontvonod wa:t an Import
lo. With this explanation Mr. ile- bat contribution to the:onorvatiun
Adoo forecast oipeurtltures for til's J the cs'.lon's rono'irceV
year at $20,687,000,000 for govern- . , ...
1. , Mr. VieAdoo took tn.i occasion to
uiuui purpurea nnu f ,i a.eow.ou'J
for Ice.ns Altf,r"1 im --''
000 fnr- rcdemptinn nf fntl fe -!
rrt:.c-t: J ct':-.r i;:e .j-.d i
"on. Totrl estimated d: iiureinoii.:
for thu year were put rt "7.'l .,-
IMl0,i'H'l.
TP-nut tl.Ia ei't'Ksati r"a!"!' '
nu tip"ne a st the rr.f i t r lift;.
mor". then a billion nu'l li.'f UI
lars a r.:onih to !nle. In !(..;
high. Mr. .McAdoj n r'i:! f 1 i'i:.r
the government will r,-c (. V..it
' "i.OCO, !.'. "'' bro;e tl: m! t 1 !
I ' sol yecr r.ext June au. from In-:r jr..'Iihr.it:o;t nnd wlae tat policy. It
' Pnu t.".ei, l.-.Ct-6..'-deWe and neciwssry from the
jiCl Jr. m o;hcr us.-s, liO.-.Mn.ooti view point of the Treeury In con
Too'lima htid 3;A,e,vco f?.m Cjnsltg the period of readjustment.
in . IrneoUA eourcea, tnt'udti(f '7. od rro mtbf tlewpotat of labsr and
B00.SOO from lncr--4 5trf cmU '&i.:',tT g-aefsllf.
SAYS TIME LIMIT .
NOT YET FIXED
General Foch Has Warned
Germany However Against
Further Delays in Armistice
I Schedule
(15) AitNiM-inteil 1'ienN)
Loudon, Due. 4. The KxprexH
c!aiin to be able to deny the report
from Herlin yeHtenhiy tliut a new ul-
spending, fund to. buy up Liberty J
' Bonds In 'an effort to keep tholr price
from falling far below par. Up to
November 1, It Is shown, $244,030,
600 worth ot bonds,, face value, bud
been purchased on tho open market
for $234,310,000." or' at' ail average
prion of about 96 per rent. nd s"H
" nently held by the Treasury. Of
thin sn, $1 72,446,a were aeooiul
i-t percent isus; 70,V3j,000 Wsre
hir.l Liberty Loan oondi ,anrl $.'.
plications.
i proepoctlve lanuors ot securities, ag-
t,fiinlrr5 ut;aln the irrfportancq of
lit. 'c n r cnaciment of tbeT r?venuc
h II n w pend'ng in Congress.
' t nln.'s 'the measfwio becomes a
law !;i the near future." he bald, "it
. rill nn. J,j ph7!c::lly p isible for
p.'r( -il tit t--amn 11 1 llrtci-i'i.rv
rcrr.lr.'.lnM end to prlti snd distrl-j
Hvto t'te r.er(ycary forms before the j
''.in ) r.nJ t -.1'., ic.i! !n da1. T: f !
1 .'i rcnir.i-u; of V.-2 law v 11 nnt;es- J
i'y hn Uv.f -rllic 1. ' j
Iho r; f'ioai of su'.u tct.on is e
;!'al!j !iy every round ccononlc
KALF.M C'LL'll Olt(i AM.KS
1 OK WOULD ItKLIF.F
About twenty-five members of the
Sulem (jub Jiiut the Homo Uonioii
, strutor at Sale in sclioolliuose Tues
day afternoon at three o'clock.
MIhu Albertson, who is C'hulrmun
of tho Woman's World Hallef work
In this county, presented the subject
of Food Consei-Hitlon und World Re
lief and practically all those present
took the pledge to save food in every
way posslblo for the starving imliniiH
overseas.
A committee consisting of "Mrs.
J.ihn Horry, Chairman, Mrs. Martin
Scolt'iihd Mrs. J. O. Urown wus ap
pointed to huve cliarge of the World
Tlellef Club, to get members, und to
hold meetings ouch mouth, telling
how food had been saved in each
home. Resolutions were drawn up
und forwarded to Food Administra
tor l'uge, embodying the action taken
at the meeting.
The subject of War Savings
Stamps was brought up anoTllie mem
bers promised to do their best to sell
stumps and have pledges redeemed
before the end of the year.
A Dread Club was former among
the girls who will compete for a prize
on the best loaf of bread buked.
The Club meeting wus a most en
thusiastic one, and the only diutur
bating feature of the afternoon was
the distress caused by the furt thut
the County Commissioners have vot
ed Home Demonstration work out of
tho county. Intense Indignation wus
expressed and genuine regret In re
gard to the action.
Mr. McAdoo reviewed the financial
irr.ctlces of the year, Including the
outing of short term certificates of
udebtedness in advance of every
..bcrly Loan to prevent the' dlsturb
u t of the money market sy the
oans and to obtain the money need
ed by the Treasury in advance of loan
eceipts. He said the war savings
movement had resulted not only tn
fathering In $$34,000,000 for war
purposes up to November 1, but It
tad helped to teach the American
,eopie thrift and economy.
"This war-time exporlmont has
'.een.so Successful," he commented,
"that It la hoped war savings eertl-
lctUes will become continuing fea
ture of the nation's financing even
after the restoration of peace."
The report explained at length
that a feature of JJie Treasury's pol
icy In distributing the $8,171,000.
000 rredlte to allies during the ycir,
hod been to stabilize foreign ex
change rates and "bring the dollar
neerer par , In Kuroeean countries,
but did not mention tbe specific acts
undertaken by the Treasury to ac
complish this. In exchange for cred
its, France gave the United States
In Franco of $631,375,000 tor army
purchase. Ureut Britain nMtablLsh
ed similar credits ot $115,633,000
and Italy $5,284. Qeo.
Turning to the enormous tajik ot
collating $3,694,619,000 Id .taxes
during the last fiscal year, or more
than four timet the record collection
of the yesrprevlous, tbe Secretary
emphasized that this bad been ac
complished largely through the co
operation of businosa lntermu and
Individual tax payers.
"During tbe fiscal year 1914,"
said the report, "tho Bureau of In
ternal Revccue has been able to col
loct the largest tsx ever rolliKtod
by any country, an amount which
represents a larger proportion of the
nation's war burgsi thaa y vkr
holligeroat engugod In the preoeut
war has been able to defrsy from
'.i;x revenuee.'
From would be lax dodgers the
revenue bureau now expected to col
oct several huadio.1 ujIIUou dollar
iUdltional tjxes.
Concerning tho tremendous part
ilayed by tbe Federal Reserve' sys-.
em during the war Secrottry- Mr
Vdoo hsd this to say:
"The federal reserve "-ystem hr
permitted tbe enormous transactions
otmected with the f.paii-liirf of the
sr to be cprrled through without
hock or dli turbnncn rtnd Itn servlo
will. not be4ess Important to the gov
rtiTuent and to the nation In farlll
ntinit the readjust me-t front t wte
to a iK-uce bi-,l:enl to m.-Ist
tt . I f(Htir th'-renfter the d'Vclop!n,nt
; i. jtn , o, iiui!'..lr l.uj ij:n-
;n '.! r t yr:-.. I j .n i i i. ...
tor?.-."
Mf. M"Ailao dlt t:t length Wltil
he srcnmpllshmeuts of the .War
lUilt Icnirsnce Bureau, which h
lullt up an organisation of fourte4
thoand employee, neeeeeary for ti
w.fcato of about a million ebeeks
CARTER GLASS
SUCCEEDSM'ADOO
(fty Assoc in ted Press)
Washington, Dec. 4. Word went
around unofficially on the House
side of the Cupitol today that Rep
resentative Carter Glass of Virginia,
Clittiriuaur of the Dunking and Cur
rency Committee, bus been chosen by
i'resldent Wilson to become Secre
tary of the Treasury.
The announcement during the duy
rrom Secretary Tumulty in New York
who is seeing the President depart
for Eurnpe is exported.
Congressman Gluss, it is under
stood, was In conference ut the White
House last night just before the
I'resldent started for bis train.
NATIONS AGREE . -WITH
LLOYD GEO.
- ,.'."
(By AwHooliiied Press) '(
London, Dec. 3. All nations rep
resented at the Inter-Allied Confer
ence here today maybe regarded as
in agreement wltb the policy of
Llpyd Ueorge In rgeard to compell
ing Germany to pay to the limit ot
her cupucity.
Allied representatives are also
agreed on the proposition ot bring
ing to trial those responsible for the
outrages on humanity drrlng the
STYLISH WINTER HATS for
ladles and children are being sold at
exceptionally low prices at Mitchells.
WA.NTKD CAJIR1KB BOY VOR
Main Street route. Good oppor
tunity for bustler. Apply to Mr,
PeMe at Advance Office.
WEATHER
Fair tonight and colder In west
and central portions. Thursday fair
and colder near tbe cooet, moderate
aorth west, winds. -
very month V soldiers or their de
pendent for allotments, allowances,'
disability compensation sad lnasr
aea. "It IA certainty one of the great
ast business enterprise in the world
he said, "and Indubitably the Urg-'
est life insurance concern on tba
globe, having nearly $31,000,096,
000 of life Insurance In force."
Tho report dloclOHee that Liberty
Loon conversions bavo been made m
follow: First Liberty Loan S 1-3 per
cent botds exchanged for 4 per cont
bonds. $568,220,000; First Liberty
Loan1; 1-2's and 4's exchanged for
4 1-4's. $183,II!000: second Lib
erty Loan 4's enhanced tart 1-4'S.
?1. 641,681,000. Tnte lndieuies tho''
mrwt bond buyers have failed to take
iidvauUgn of ths Treasury's offer ta
convert puut Isttios Into bonds bear
ing a higher rate of laterent. It si
nowoo lste to convert.
i
U-ferrlng to federal tarn loans
amounting to tlK. 628.600 during
tbe year ending laA September 16,
tbe report said: "The existence of
thu astcm operated under govern-,
mnnt supervision, granting onlg-term "
loans at Masonable rate of interest.
bas unquestionably saved the farm
ers ot the United Bute from masy
ciaetlua. foreclnerueii, sod denial ot
flnt,nc!l aceomodations daring this' .
period. Tbe system has been a har
bor ot refugee for tbo borrowing
farmer. Through its ' competition
with other loaning agencloa It hso.
reduced Interest rates almost every
where In the t'nlted Slates and fcss
savd the fanner In large measure
from tho Snanclol troubles which
otherwise must tisve bmt him. it
has coa.itituted the Eroa'c-.t cQ
oihnUl ayem for flnnnclcj the bra-e
-'.wlTf'iho United State- that
of agrlCwlfjro."
The report also dealt with the
Treasury's activities In licensing and
supervising the liquidation ot enemy
Insurance cotMpanM operating In tbe
fnlted nto'-; the Publle Health
Service's trTnendnis serompilHh
ments In cnib.iltln thi lulncnxa
(plrH mt' and timintilft'ug eanltary
rondit.'iir.s nlwiit rnmpv; thi Inter
national Hlh Co;nmllon's sucrM
In proninting uniformity of coniintr
ciel r-KUlstlons between the I'nited
State and Latln-Amrlca cr"untrt.
and h taeks Itapoeed on lt Cat -
horn. Mnrvlce In sonaeetlei tits
rs.UcLtg cf lurbon during the ar.