EXTRA ON DEMPSEY ? TUNNEY FIGHT TONIGHT WATCH FOR IT
DIFFICULT WARD
OFF DEMOCRATS
TAX REDUCTION
More Returns From Sr)?
tember Collections Come
in Morr I'roMem for Ad
ministration Increases
G. O. P. WANTS W AIT
Saving Tux Cut I'ulil Time
. When It Cuii lw I'rofitalh
ly Used for Political
Purpogca
4
k By DAVID I. UVIIKWK
(C**rrtt*t. Itt*. By Thf Ad.mcf)
Washington. Sept. 23. ? Tlio
morr the ri'lurn* front the Sep
tember collections of income tax
are studied (In* more complicated
become* t tm problem of the ad
? InlBtniti'in in warding off the
movement for further tax reduc
tion to be branched by the Demo
crats at the December session of
Congress.
The, administration has taken
the position thai the facts avail
able Justify no predictions as to
when the tax cut can be made.
The minority insists that tills is
?Imply a means of postponing the
tax reduction until the next I'res- |
identlal campaign year 1928.
But the September collections
do verify the statements of the ?
experts that what has been lost '
through the reduction of miscel
laneous and indirect tax**s would
be more than offset by the in
crease in the amounts paid on in- '
dividual and busincsa returns.
This Increase amounts to $69,
1(3.000 which with $9,433,000
additional from tariff receipts
Bakes a total of $7K,r,KH.00U
which is for purposes of approxi
mation about the same uh the
$81 ,000,000 loss in miscellaneous
k receipts.
N Most of the receipts from taxa
tion, however, are on incomes
carnad during the year 1925. Bus
iness conditions during 1926 ad
mittedly have ben oetter than
laat year so the Treasury may ex
pect greater productivity from
the new tax rates than might oth
erwise have been the case. But
While the experts inay prophesy
this, the definite data cannot pos
?Ibly be available before the pay
ments made on March 15, 1927,
ace studied and this will be about
#9kprll or May of next year. Con
* g ress, on the other, unless called
J> into extra session would adjourn
"on Harch 4, 1926, In law and
would not have to meet again un
til the session of December, 1927,
which would run into the spring
Of 1928
The administration also Intends
r, toltcrate and reiterate that it is
ifnSAfe to reduce taxes on an ex
pectation and that nobody can
foresee business conditions In
1928 and 1929 and that too low
a cut might be dangerous. To
tnla the minority will answer that
by the early part of 1928 it will
be just as difficult to sec Into the
future and determine the curve of
business as it Is today and that
no tax bill has been passed on the
? assumption that business condi
tions would be good or bad, but
SO the batds of the average pro
uctivlty of rates. In other words,
^ the Treasury's own argument that
the lower the tax rates the higher
the return which was first opposed
by many Democrats now will bo
used by them as a reason for a
cut In the December session of
Congress this year.
This will csnse the administra
tion to emphasise the necessity of
waiting till the March returns are
examined and then tho . pressure
for an extra gesslon on the retro
active application of the new cut
In taxes will begin.
If It were not for the public
debt policy which has been fol
lowed in the past by the adminis
tration. there would be an argu
,m#nt raised to the effect that If
jfcet receipts for any one year fall
^Klow eapeetatlons. the payments
?n the public debt for that yesr
^Min be correspondingly reduced,
lui affording a cushion against
the unexpected.
Just whst the minority will be
able to do In the next session it Is
a little early to forecast but evi
dence Is accumulating that the
Democrats will be demanding a
cut In taxes and that Insurgent
Republicans will be aiding them
rfo that It Is not at all certain at
this date that the administration
will be able to withstand the pres
sure especially since detailed re
ports on the September receipts
also will have been available and
there are some experts who be
lieve December will show some In
crease over September In Indirect
tax collections
LEGAL OBSTACLE TO
THE FIGHT REMOVED
Philadelphia. Hept. 3J. Appll
?tlnn for in Injunction lo alop
?"Oempary-Tunney Buhl tonlghl
rllRnilmird thin mornlnn by
?Imoita opinion of three Jud*e*
He Common Pima Court here,
court'* declalon rrmovn the
legal nbetaele to lha bout.
;ini|dy with poaalhle ahowera
,?Ho proapect early today for
Sahi The day broke with oy
>1 mlra and at tlmea there
a allghl drlule.
7*mM would be more rrapret '
If they would quit taking up I
murh room In mlae* pHa.
Hog Calling Contest
Will Be Feature
Of The Fair
\
A hog railing content for five
free bans of "Ballards Insurance
Pig Grower" will be a new fea- i
ture at Iho Albemarle District
Fair this fall.
The fact that hog 'ailing con
tests have been featured in the
newgpapars throughout the nation
will mean that the hog calling con
ical at the Albemarle Fair will bo
of intercut to practically every -
bntly.
Volume will counl 50 points In
the contest, according to Grover
Falls, Secretary of the Fair. Va
riety will come in for 25 points,
enticement 10 points, musical qual
ity 10 points and facial expression
10 points.
The first prize will be three bags
of Mallard's Insurance Pig Grow
er ? valued at $ 10.50.
The second prize will be two
bag* of the same product. The
prize is given by G. \V. Parson* &
Sons, wholt.tale brokers of this
city.
GREETINGS SENT
TO ROCKY MOUNT
Highway Drlegalion Here
Forward* Felicitations to j
Koute 10 Body
' Greetings to the Koute 40 Asso- ,
elation of the South Atlantic Coas
tal Highway, in session in Hocky i
Mount today, were authorized In
a resolution panned late yesterday ,
by the members of the Koute 30 |
Association, assembled at the
.Country Club here. This action;
was taken at the close of a session
i In which Fred Ward, sectalary
manager of the South Atlantic
Coastal Highway Association, was
the principal speaker.
Many prt-si-ni at the session here
| commented In moat complimen
fashion on the approprUu
aud excellence of Iho Intro
Ions given the various speak
ers by H. M. Jacobs, of New Hern,
'chairman of the Route 30 Associa
tion, and master of ceremonies at
the event. There wero compli
ments .too, of the singing of Mrs.
J. Wesley Foreman and Mrs. Thor
buru Dennett, and of a reading
given by Miss Augusta Sample, of
?his city.
I Secretary Ward and the other
delegates left for home In mid-af
ternoon, at the closo of the day's
program at the Country Club.
COTTON CROP REPORT I
ANNOUNCED TODAY
Washington, Sept. 23. ? A cot
ton crop of 15.810,000 bales of
500 pounds gross weight is Indi
cated by September 16 condition f
of the prop which *n 59.5 por
cent normal, the Department of
Agriculture announced today.
The Indicated production in
North Carolina was placed at 1,-j
199,000 bales. * ?
ADAPTS REPORT ON
U. S. RESERVATIONS
Genovt, Sept. 23. ? Tho World
Court delegate conference today
adopted its committee report con-!
ccrnfng acceptance of American
reservations to membership In the
court and then adjourned. The
conference voted to give irfembers !
of the court the right If they later !
saw fit to withdraw their approval
of American reservations concern
ing adoption of tho amendments to
court statutes and concerning the
question of asking advisory opin
ions of the court.
TUNNEY LITERALLY
FLIES INTO FIGHT
Philadelphia. Sept. 23. ? Oene ,
Tnnney arrived her# this after- j
noon from his Stroudsbourg train
ing camp by airplane for his fight j
with Jack Dempsey.
PHONE OFFICE IF
WANTTiGttT EXTK I
AT IHH)K TONIGHT
OfHpKc a rHlhcr lukewarm
?csponse from fight fan* who
trc looking to their radios for
news of the T?m |wgf 'Tan ney
fight, and In the fare of the
\nowlcdge that It will Involve
lota off hard work ffor which
rhere will be no compensation.
The Advance has deckled to In*
?ae an extra on the fftght to
alght.
Thla extra will carry The An*
wlstrd Preaa acennnt of the
fight hy round*. Renders who
alwh n ropy delivered at their
loor are Invited to 'phone the
iffltv before fl o'clock tonight,
>r It may be obtained at the
?ffk*e or on the ntrreta la the
lown-town aeetlon. Regular
dhlonx off The Advance to
morrow will carry Robert
4 mall's story of the flffht on the
??wt page. ?
RALEIGH PARTY !
PAYS VISIT TO
ELIZABETH CITY
Now Bond of Friendliness
Forged Between Capital
of the State and Capital of
"Lost Province*"
VISITORS TOUR CITY
Concert by State College
Band on the Courthouse
Green and Brief Speeches [
Conclude Program.
A new bondTf amity ??
Thursday the 1 c *
of the State and the capital ?
"North rnateni Provinces, when ?
de.eg.Hoa of 1?? ??""*<? bu'lnc?"
m.? paid '? .k'to.
J? ^drNorthea.tcr? part, of tho
BranV' ' representative
iY the capital city.
Commerce, and adorned with hit
Trn^-a iouy crowd, radlat
inlO,r h'i no" tor KreK the vlaltorj
..early 1?? Blltabeth City
business men. headed by Mayor A.
? ? Mrfabe and President h. C.
tjon?ferl of ' the Chamber of Con,
*w M iked Ihr oufh the
ne*rre?ldentl*l^^latrlct onWeat
Hospital, and back ,? , lb. J ????
S i tat" C*o U e g e ' B a n d "b r ou g h t a.onR
for the ?"'}* """i'u' Brooks.
? csy of President ?
/^Preslden^CcmfeT.^ot ^d^^ro^t
ISSHrS'Sr?
ot'?heoj.
X'**? ?T2 Browne. "of
the State Department of Kduca
ton -poke brltfly to offer assur
ante "hat Kale.gh -a. ^oor c.p
sra^TS&E "
1 Tli? Hpcechmaklng program whs
'sfer.sss'fflrsa
specklr'puUed out.'^arlni" tM?
5Ss?S-Css?
mouth Plnetown. Washington.
Vanceboro. New Bern. Dover, Kin
aton. LaO ranee and OoliUboro.
On Wednesday*, trip, which
bssife
!~=ui=:Hlr
SENIORS BUSIED
ON LOUDSPEAKER
The managers of the Kllzabeth
City High School newpaper, Thn
Loudspeaker. have announced that 1
the first lnnie of the paper will
come ont Friday. The edltor-ln
chief this year la Keith Rauniera,
the buslneaa manager Is Tyre Saw
yer, and the managing editor l?
Hebecca Htevens. The reat of the
editors will be chosen later. The
paper thla year Is twlse the alse It
waa laat year. A yearly aubaerlp- ;
tlon la only 15 rente more than ?
laat year, which makes It 60 cents. .
The achool la expert Ing to* go
100 per cent on subscriptions.
Tyre Hawyer made a pie* for the
co-operation of the atudent body
during chapel exercise* Monday
morning. He said. "We cannot'
make this a aucceas without thof
help of every pupil, which I am
sure ws will have."
The material for the flrat Isaue
la being furnlahed by the Henlora.
Those handing In the best material
will be placed on the atari aa as
sociate edltora. The editor and
managing editor are buay prepar
ing the first Issue.
The loudspeaker was founded
by the Claas of *15. Ths officers
were: Kllxabeth Thompson, edl
tor-ln-rhlef, William Perry, bual
neas manager, and Kunlre Rich' I
ardson, managing editor. The year '
proved successful for the loud
speaker.
The year of *2C was successful,
for the paper being under the fol
lowing officers: Martha Pat
Archhell. edltor-ln -chief; Anna
Johnson. bualneaa manager, and '
Clarence P/ltchard. managing sd
U#f.
TIMBERS TORN FROM BUILDINGS BY CRISS-C ROSS AIRITRRKNTS
Alter | He wat?*ia una r?-ctdr<l on l-'laK*er atijeel, oiu' ol Miumi's mam IhoruUBhluri Nut** th< limbec: I urn I rum luti-jua &tiuc
lurrs by the crl."H-ero?? uir cilire nta. )if ' ' ? *
AMENDMENT AND
REFERENDUM TO
BE VOTED DPON
Amendment Alxuit ('.anvus
ning Elrrtiun Kelurint fur
Stute Officer#; Keferen- ,
dum Veterans' Loans
TIME NOVEMBER
Raleigh, S<pt. 22. ? Although It
apparently ha* Upon forgotten
that a constitutional amendment J
ami a referendum are to be voted!
on by the people of the State at 1
'the November elect Ion, the fait
! remains. The two matters In1
Iqucstion consist of an amendment
to the constitution. Section 3. Ar
ticle 111. providing for a change |
: in the canvassing of election re- 1
turns of State officers, aside from!
the Governor; the referendum i*
Ion the World War Veterans' Loan
Act.
There is thought to be Ifttle op
position to the constitutional
lamendmeut, which gives the board
! of elections power to canvass the'
'vote cast In the general election,
| instead of requiring the Legisla-i
i ture to canvas* the vote, as is the
case at present. This would re
1 move tho necessity for candidates
for State offices having to waitj
until the Legislature meets before
being able to take office, an.l
would enable such officials to take*
office In January. Only in 4 rases
where an election Is contested,
would the matter be taken before,
the Legislature. Owing to the
fact that in the majority of cases
the legislature accepts the figures
of the board of elections and
merely certifies them. It Is thought
that little opposition to the change
proposed will develop.
Hut In the case of the Veterans'
Loan Act, an entirely different i
note Is sounded, and the song muiik
Is In u minor key. It will be re
membered that this act was sub
mltted to a referendum vote In the
1 1924 election and received a ma
jority. of the vote* east, but be
cause it was worded to say "qual
ified electors" Instead of "votes
cast" the act was lost. It now
Is to be re-submlttnd. with "vote*
cast" substituted for "majority of
qualified electors."
But despite this change, many,
believe that now since the after- j
the-war hysteria has worn off to
a great degree, little chance for
the adoption of the measure re
mains. It will be rec tiled that the
act calls for the creation of a loan
fund of $2,000,000, through the
sale of bonds, and that this fund 1
?hall be loaned out to former ser- <
vice men. in sums not excoedlng
$3,000 for not mure than 2?
years, and at six per cent Inter- i
est. All loans must be properly i
?(cured with property or oMl.iter- i
si approved by the bourd of super- <
visors. Tho law Is to be admin- <
Istered by a commissioner of the I
Veterans' I/oan Fund, who will re i
ccilve a salary of $3.f?00 a year, an I
office In a State building and what I
other clerical help he may need. '
Two years ago the law was ac
tively, sponsored by the American I
Legion and It received a majority <
of the votes cast at that4tlme. but i
because of the. wording of the act
It must again be submitted In No <
vember. Whether the American I
!?eglon will actively sponsor the I
bill again remains to b" seen>Hnt I
It Is the opinion of quite a num- '
ber that the meanure Is In reality']
nothing m<fre than a gestnre to ; <
pracate a certain element of the'i
ex-service men. that It Is really no i
moro than a sop thrown out at;l
rsndom. and thst shout the <*ly I
thing It would do. If appi^Bd.jt
would be |o crests two or ?
more "aoft" State Jobs ler ? t
favored ex -service men. It Is It-]
(CwMlnned on HM ? > '
Biggest and Best Fair
In History of Section
To Begin Tuesday Week
ill Paris of Albemarle District Co-D/h' rating in Ureal
Exposition llere.-iPctoher 5-9, Inclusive; Many
Unusual Amusement features Promised
With entertainment features ur-j
ranged on a scale never before ui - ,
tempted here, and Willi promise*
of broudur co-operation on thu part
of the ten counties* embraced In
the district, this year's Greater
Albemarle District Fair Is ex peel -
ed to eclipse mII expositions that :
have preceded It in this part of !
the Slate. The fair will begin '
Tuesday week, October &, and will
end the tallowing Saturday night.!
Assurance of worth while exhlb-j
ItH hatt been received from all
parts of the Albemarle District.
Peril ulinaiiH will feature soy beau
culture, with a display of varieties
gathered from throughout the
Uultcd Stales, together with In
sects and diseases and methods of
combatting them, and a bewilder
ing assortment of products of the
bean. These will include puints,
breakfast foods, commercial oils.'
flour for baking purposes and oth
er widely assorted items.
(Sates County, long theoretically
Included in the Greater Albemarle
Fair District but actually only In
It since the opening of the Acorn
Hill Highway across the Dismal
Swamp lasl year, will have a rep
resentative exhibit which Is ex-;
pet ted to feature the far famed ?
Uatex ham, uccordliiK to ' word
from Mrs. T. W. Costen, of tiates
villc, chairman of the committee'
for the county.
< traded and I'ngradcd
Pasquotank's exhibit largely
will be devoted to a comparison j
of graded and ungraded products,
with emphasis on the hlg'uer mur
kot value of the former, accord
Ing to t'ou lit y Agent Falls. The.
chief money crops of th?* county. I
potatoes, truck peas and cotton
will be given the prominence duo
them, he says, adding that many
other products will bo shown also,
including a wide range of maiiu
fsctured articles.
Currlttck's display will bo main
ly agricultural, according to word
received front those In charse of
It. The exhibit will be put on un
der the supervision of Km try
Smith and T. 11. Klllotl, instruc
tors In agriculture In Poplar
Branch and Moyock high'* h v?!s.
respectively, assisted by Miss Its*
chel Everett, Currituck's hone
demonstration agent.
George Carter, of Fairfield, lias
written the dlrectar* of the f.?lr
thai his county, Hyde, tnay he de
pended upon for i creditable and
representative nhowlng of its pro
ducts. Hyde's neighbor county
of Dare, which has put on excep
tionally Intcreptlng displays here
in other fairs, Is expxccted to dup
licate or excel these thi* year,
though no official word Ha* been
received from the committee th? re
pet. Cainden, too, Is believed to
he preparing a highly attractive
exhibit.
\ Xew Kxlilblfor
A newcomer among community j
'xhlbltor* In announced this your
In the New Central High School ,
District, which promises to offer i
keen competition aftsln?t Weeks
rllle High School, winner of last
gear's first award. W^eksvllle Is ,
-nmlng back strong, however, a*1
*ordlng to word from that part of
the county, vnd Newland High
School, which won second prize i
last yar with sn unique and In
lerestlng display, Is bark In the
running slso. determined to take i
he hl?? ribbon. I
Other high school communities I
(Coatiauad #o ,?? ?> I
Relief Work Goes
On In Stricken
Florida
I Mr TU? AiM itMl
i Sanitation, movenn nt of refu
gees out of the storm an u, and ,
efforts to locate anil recover bod- j
lea of the uncounted dead today I
occupied the attcntirtn of workcm ;
endeavoring to rehabilitate tin- 1
Southeastern Florida coast section 1
hit Saturday by the hufrlcane.
Every effort wan being made t?? '
get Into th<> district medicine* and (
serums needed to prevent SlCk
ncSS.
Davie and Moorehaven lmvi>|
been ordered evacuated by all ex
cept the workers needed to clean;
up the search for bodies. All ,
workers or persons remaining in j
the district are required to be ;
vaccinated against typhoid.
The known death list today
stood at 400 with the possibility
that Moorehaven nilchl have more
deaths than the city of Miami. A
total of 110 hodl'M had been re
covered at Moorehaven und prob
ably 200 more were killed there.
K. It. Collins, head of the miss- .
I n k persons bureau at Miami, es
timated that deaths then- might
reach H50.
Ten In IjmmI lletdRVn
Jacksonville, Sept. 23,? The
II rat mc?I Id train load from the
South Worlds disaster xone ar
rived lure today with a font In-,
gent of ?i00 storm victims, mostly ,
women and children. j
They came from West I'alin
Beach and points south by tin
Seaboard Air Line Itallway.
MELI.ON COMPELLED
TO BOOST ESTIMATE
Washington. Sept. 23 -Increas
ing tax receipts flooding Into the'
T re* miry Impelled Secretary Mel
lon today to boost his original es
timate of 11X6.000.000 for this
liscal year. H?- was tin willing,
however, to pi edict what t tie ef
fect of the Miirplus might be and
maintained that It was too ???*!>
tn talk of tax reduction.
? i:\TH.tl. llltiM Pl.WS
COMMIMTV IMMffH
The Central High School Coni
munlty has organised for a Com
m >| Ally Booth a't thu Albemarle
l>istrl?-t Valr t ? be held In K!Ua-,i
both City October 6, ?, 7. * and 0 I
A committee wan appoint rd to
make plans for the community ex
hibits st a meeting held Monday!
night. P. A. Prllchard. City
ltonte Five was named a* chair
man of the cotnmlttec. Others on i
the committee are: Mr". J. C. Ov~!
(itnan. Mr. and Mrs. tl. It. Ilnr
rell. Mr. and Mrs. F. W. I*?wry. I
Jftcob It Idd irk. Cecil Jackson, ' I
James llrlte. Mr. ami Mrs. E. P. ! I
f'artwrlghi. Mrs. Clara Weeks. Mr. <
snd Mrs. M. H Sample Mr. and'<
Mrs. P. I). Ives. Mrs. I> W. Mor-j|
gan, from ( Ity Route Three; Mr. |
snd Mrs. II. F. Sample. W. I.. |
White. Joshua Bmllhuon. Mr. and i
Mrs. B. F. Prltchard. W W. Car- J
ler from City Bout< Three. i
Bertram Mills. Knjtlsnd^ John < ]
Rlngllng, aays th< rlrcus business <
Is In a stronger position in Europe <
today than li hi* ever been for the I
last 90 rw*
TRIES PRAYER
BARRAGE BEFORE
MURDER TRIAL
If ti i>tiKt I'asior ?i '"rl
Worth Wujjoa Serif* M <?<-(
ing? Tlial BriiifS Hint i"
Contact With Juror*
MANY llKAlt HIM
lly C. T. ItKAIUMlN
ICiwKM. II-'' B* TSt AaMif'i
Kurt Worth. Tex., Sept -
The Ui'V.-rt'iui J. Frank *"rr '
wl,li-ly known evangelist 11 n ' l|'1 l* I
(1st pastor or Kort Worth,
inu down u "prayer barrage In
preparation for It la trail ?? No
vember (or murder In c"1,nP"l."'J I
wtlh ill'- slaving Of I). I. llliit I
Chippa. wealthy lumberman and
Clone friend ot Mayor Meacliaiu. I
The pastor la relying on a" ouu
try-wide revival of ,l,,or''",l l '
"Old Time Kollglnn. to aid him
ni'p'ii-wua "hot to death In the ;
atiiilv I)f l>r. Norrls where ha had
protest certain j
nubile statements appearing In the
pustor'a paper, the Searchlight,
which he >ald rationed on Iho In- 1
tegrlty uf Mayor Mcarham. 1
Norrls plana to eonduet meet
lues lu every I'ort Worth factory
where he ean gain p.-rmlssliin. lo ,
speak lu town halls
inn plan's, anil to plteh a tent ,
Where no mill. Units are available.
The pastors drive apparently,
will bring hlni f.iee to face with
practically every prosp^ctlvo Juror
who might be called for
nnri I Uu oUfstiull now UKltalinK i
friend linil foe of -ho militant
Kuiiiluinc list parson is. how ,
will a jury bo selected In T?"a t
Coll Illy?" The answer as .ecu toy
lawyers on the sidelines Is that
(1,1, rite llosey, veteran Judge In
i rlnilual eonrt. will listen to ven
irinii.il after venireman
fyliiK h'maplt. anil then order a
chanKe Of veil nue lo Hemon t.ouu- 1
tv to ihu north. ,i
At Norriss opening
meeting at ManaBelil fully
n rsons attended, although the
population ot the town ia under
I not). Many oanie expecting to
hear Norris tell how he "hot
Chlpps. as he told members of his
own congregation the *''n'l''y '>.
lowing i he shooting. Hut N?rrl?
conttneil himself to a straight old
fashioned Itaptiat sermon, anil his
carefully chosen choir sang such
hymns as "Old Time Itcllgiou Is
(! no. I Kni.ugh for Me. _
While thu "prayer barrage Is
under way Hie heavy artillery li
being brought up by legal tali nt
will. It oners a strange paradox lit
that men who usually defend will
prosecute and proaerntore will de
Heproaenling the state as spe
cial i ounxel. retimed liy Mrs.
(hlpps. will be lawyers Who are
no.nl throughout the South as de
lens* a'.iorneya in many celebrut
e<t cases They are W illlani I I
McLean, Walter II. Scott and Ham
I'. Sawyers They grew up to
gether In the otflca of M. Ijean s
father. Who died recently, a nollo
generlan and siill In harness.
"Wild Hill" M Lean i? best re- ,
membcred nationally tor his de- ,
fense of Clara Smith when she was ,
tried for the slaying of Jake llani
n,on. Oklahoma oil millionaire :
and fi rmer Republican National I
rommlttaeman. II" faced gun j
lilay la that trial. Mm Milrfan. a
powerful crosa examiner and Jury .
pleader, with flayers as his Brat i
aide, has alwaya been flanked by t
Scot i. a cool ami anny Judge of i
character, eapecialiy as applied to i
jury limber. These same men I
prosecuted Norris H years ago I
alien he faced arson charges in
?onnectlon with the burning of .
his church. '
Opposing tha prosecution In tne 1
? ' i A
DAWES PLAN AND
GERMAN AID THE
CHIEF FACTORS
Krcneli Stabilization Ap
parent U \\ I'll \\ ii y and
Pru|>hecie? of Yeur Ago
Sfi-ni I uliill. <1
KltANC HOLDS HP
I'iihH l-'rum (i t' r many
1 1 1- 1 1 >< ? I anil Increase in
(.erinaiiy'H Payment of
Special Significance
lly KIMi.Mt ANSKI.f. MIIWKKB
iCupyrigJil. Iin. Hj TN< Unnnl , ?
Iter I in, Sept. 23. ? " Prophet*
who ii year ago said that eventual
French stabilization would be
made with German help now bid
fair to be right" according to Pro
fessor David Friday, (lie American
economist.
Professor Friday visited Ber|l{i
in January and then predicted the
German industrial recovery with
audi astonishing accuracy that he
has earned a reputation for al
most uncanny knowledge. Now#
after weeks in Germany, "he baa
received thin correspondent.
"Stabilization 'of the French
currency is Europe's chief finao
? la I problem" h? said. "It ia near
er solution today that ever before,
for the world in the. last six weeks
has become convinced that (for
mally will meet her reparation
payments.
"Hut Germany's importance for
Premier Point-are of France is not
alone In the con tide nee l%i(|
France can reckon on regular pay
ments from Gerinauy and con
Mtruct a budget accordingly, lb
AiigUMt the agent general of rep
arations made the rirst large cash
transfer to the Allies under the
Dawes plan, of which France m
celved about hair, .1 proximately
$8.0011,000.
"This cash was of the utmotft
importance in maintaining the
franc during August, the posslbft^
ity of which eaperta generally had
questioned, in the face of the bil
lion in paper franc payments which
must be met.
"Hut the frauc held astonldlt* '
Ingly and the agent's Mtatement
for September showed why tba
franc had not fallen. There was
a greater surprise when early In
September the agent general an
nounced that Germany had agreed
to Increase the current reparation
payment by $75,000,000 of which
France will get about half, or an
additional billion and a quarter
francs. Her total reparations re
ceipts for t lie curreui year, thero
fore, will Hinouut at the current
rate to six billion francs. This
year France will receive about
915,000.000 a month, nearly twlco
the first year's payments. In otb
er words, France, will have froa|
Germany more than a half billion
rrams u mcnth.
"It must be remembered that
the cost of the French military oc
cupation has been reduced mora
than half since 1924. Now tbo
$75,000,000 increase In Germany'*
payment during the third year of
the Dawes plau has a special
niflcance for Premier Polncaro*
since France's share will be mora
than $3H,000,000 ? more thnc^ tha
suggested $.10,000,000 annssl
payment to tho United Statea* ai
der the Horenger agreement.
Therefore. M. Poincare could t?U
the French people that the Cham
ber of Itoputles ought to ratiff tb?
agreement since he already has
found additional revenues to moot
the payment. **
"German reparation payment,
lo France during the current yeas
exceed all the foreign debts of tha
French government. Including tha
Herenger payment, by a wide mar
gin. France will receive fro?
Germany $172,000,000. She wllj
pay Kngland $20,000,000 and M
asked to pay the American Gov
ernment $.10,000,000 while inter
est on the sinking fund of h*
commercial debt of one billion dol
lars does not exceed $76,000.00#.
This makes a total of about $111.
000,000 per year and leaves has
with a surplus of about $547,0+#s?
000.
"The I)m wps plan and the Otr
man payin* nu are M I'olncaro'a
Mlrongest flnanrlal support." JJj
Now York. Hcpt. 23. ? Cotton f<*?
lures opened today at the follow*
Ins levels: Ort. 155.71, l>ec.
16. *7. Jan. 10. 00, March 1? 2?,
May 16 55.
New York. Hopt. 23. ? 8pot eot
l on cloxed quiet. middling IB. 01.
? derllne of 140 points. Futttfes,
r IohIiik bid: Oct. 1 4 43. r*?e. H.?S.
Jan. 14.75. Mar 14.97. May li.lt.
N'orrls <a*o will be a man who tot
iwenly years ha* relentlessly par
ned enemies of ihe law Ho to
Dayton Mose*. < -oiinsel for the
*onthwestern Cattle 11 n Inert' Aa
loclatlnn. whose duty It has been
lo flRht the rattle thieves Mosoo
represents the cattle kin** of Tsfc
?h. New Mexico and Montana. Ma
Das sent msny men tn prison N
sune of thMr "carelaesnes*'* la
Handling their branding Iroas.
Sow Mote* Is the commander of
i small army of lawyers engaged
n the defttuo of
M\ltKKT