VOL. 34
PLYMOUTH, N. C., FRIDAY, JANUARY 5, 1923.
NO. IS
m EXPORTS MAY
EXCEED IMPORTS
META<JL SENT TO THE UNITED
STATES SHOWS ENORMOUS
DECREASE.
RUSSIA SUPPLY EXHAUSTED
This Country, Before Many Months,
May be Sending Out More
Gold Than Received.
|'^Washington.—Possibility of a shift
tMthe international movement of gold
( xAulting some this year in the gold
^Reports from the United States ex
ceeding imports is being discussed
here on the basis of statistics on
gold transfers for the 11 months
ending November 30, last, these fig
ures, recently made public, show
that gold imports by the United
States for the eleven months aggre
gated only 1249,000,000, a decrease of
$411,000,000, or 62 per cent, from the
figures for the corresponding period
of 1921.
While the imports were decreas
ing at * rate unprecedented since the
American entry into the war exports
were going up at the rate of 57 per
sent. The exports, so long negligible,
Were only $34,000,000 for the ensu
ing 11 months, against $22,000,000 for
the same period in 1921, but some offi
cials declare the trend is unmistak
able and, if continued, warrant the
assumption that .the country before
many months will be sending out
more gold than it receives.
The gold receipts are .said to havs
been the smallest in five years and in
dicate to sonje officials enormous for
ird strides in industry and com
irce in some foreign countries rath
Jhan a depressed or decreased out
^jjjWhg business or trade fof the
jpgv/iiiB i/u5u»wo v* -— -
United Stales. Conditions, however,
are regarded as pointing to a con
tinuation of the expert flow even in
the face of payments on account of
the allied debt.
Detailed: figures show a decline in
the imports from Great Britain but
j?*Tf&the department of commerce statis
^ fticians trace that to the strike in the
TRanfl and declare that there will be
a different picture shown by the fig
ures on British exports to the United
Stkfes since the miners have return
ed to work.
Another factor, which is said to
have heM down the British exports
to America is the industrial revival in
India. Restored and renewed busi
. ness activity in that part of the Brit
ish empire has enabled Iridia to bid
for gold in the London market.
India and Canada took most of the
gold exported by the United States
in the period covered by the figures,
and it was shown again that the pros
perity of our countries was respon
Bible for the purchases of gold here.
In the case of Canada, most of the
gold sent there was transferred in Oc
tober when the Canadian dollar was
it a premium.
The decline of imports from Can
Jfda, it is said, was due largely to the
same trade conditions responsible Yor
the export of gold by the United
States, while, with good harvests, In
dia normally is an importer of gold
and she has been improving virtually
throughout the last year.
The third factor affecting American
gold imports is saH to be the ex
haustion of the Russion gold reserves
and the Consequent reduction in ship
ments to the United States, France
and Sweden. In 1921 Russian gold
was exported to France and Sweden
in large quantities and re-exported to
America*, but the movement natural
ly declined with the exhaustion of the
source of supply, it is explained.
Hopkins to Have New Laboratory.
Baltimore, Md.~r-Plans for the con
struction of a new chemical labora
tory at Johns Hopkins university to
cost approximately $600,000 have been
completed, and will be discussed by
the trustees of the institution at a
meeting here.
The new building will be between
Hopkins club and Gillman hall,
where some of the college tennis
courts are now located. It will be
the second of a group of four build
to be built in that vicinity.
Hopkins dormitory, the first, is now
nearing completion.
Driver of Auto Kills Four.
Baltimore.—John E. Maurer, said by
police to have been the driver of an
automobile which crashed into a tel
ephone pole here, resulting in the
death of four men, was arrested,
charged with manslaughter. Maurer
waa slightly injured as a result of the
accident.
ONE WOMAN IS DEAD.AND
FIVE ARE IN HOSPITALS
Richmond, Va.—One woman is
dead and five persons are in hos
pitals suffering from bullet wounds
accidentally inflicted during the
celebration of the advent of the
New Year.
Mrs. Peter Trafiereri, wife of a
merchant, was struck by a stray
bullet when she put her head out
it a window of her home to wit
ness the celebration by a crowd in
the street below. She died a few
hours later.
Richard Gregory and Norman
Jordan were struck in the foot by
stray bullets while walking near
their 'homes.
Oliver Pollard is suffering from
a wound in the hand, also inflicted
by a stray bullet. Julian Blunt, of
Reldsvllle, N. C., had a wound in
the hand and Harry Greenberg, one
in the shoulder. Both were self
inflicted, Blunt, while handling a
shotgun apd Greenberg’s while h«
was examining an automatic pis
tol.
AGAINST BORAH PROPOSAL
FREE HAND FOR DEBT COMMIS
SION IS ASKED BY THE
PRESIDENT.
Declares European Situation Has Been
Given the Most Thorough and
Thoughtful Consideration.
Washington. — President Harding
asked the senate not to adopt Senator
Borah's proposal for a new interna
tional economic conference, saying in
a letter to Republican Leader Lodge
that formal congressional action on
the subject now would embarrass him
in the negotiations he already is con
ducting looking to such a conference.
The President> letter was sent to
Senator Lodge for presentation dur
ing the senate's | second day’s debate
on the Borah proposal which is embod
ied in an amendment to the naval ap
propriation bill.
The President acted directly to
block senate action after he had con
sulted with Secretary Hughes and
after Senator Lodge had visited the
White House and had reported on the
progress made in the determined fight
already being waged against the Bo
rah amendment by administration
leaders in the senate. The letter stat
ed that while the senate might proper
ly “advise’’ in regard to international
negotiations, its action of the Borah
plan might give "false impressions" to
European powers. The administration,
the President said, was “trying to be
helpful’ in the European situation,
which had been given “most thorough
and thoughtful consideration for many
months. As to further armament lim
itation negotiations also provided for
in the Borah plan, PresidenWfanffnjT
warned against what might W Aa ges
ture of promise to the worn which
cannot be fulfilled until thfe nations
directly concerned express their readi
ness to co-operate to such an end.”
Without disclosing detail^ of what
he is doing the President suggested
that Congress might be helpful by
freeing the. bands of the Allied Debt
Commission. He also declared that
the reparations was the foundation of
European difficulties and that this na
tion" cannot assume to say to one na
tion what it shall pay in reparations
nor to another what it shall accept.”
Ford Buys Coal Plant.
Boston.—The sale to the Ford Motor
company of the coal lands, mining
plant and equipment of the Fond
Creek Coal company, situated in Pike
county, Ky., was announced by Presi
dent T. B. Davis of the latter com
pany. The purchase price was not
announced, but Mr. Davis el-tJmatcd
that upon final liquidation the net |
worth of the present company would
approximate $15 a share. There are
212.290 shares of common stock.
The board of directors of the Pond
Creek Coal comapny at a meeting re
cently cc firmed the sale and author
ized the calling of a special meeting
of stockholders to ratify their action.
It was announced that the full 'bash
consideration involved in the trans
action had been deposited in the Na
tional eShawmut bank o fthis city
in escrow, pending examination of the
title.
-A
Get $1,000,000 Worth of Liquor.
New York.—A report received by
customs officials from Nassau, Baha
mas, of a $1 000,000 liquor robbery on
the high seas was taken by customs j
officials as proof oWTeports that pi
rates were raiding runners of the At- |
lantic coast. The report said the Vin
cent White, which cleared from Nas-1
sau for Miquelon, on October 21 with
10,500 cases of liquor, had been board
ed off the New York coast and all the
liquor and money she carried taken, j
ASK CONGRESS TO
MODERNIZE NAVY
PRESIDENT HARDING WANTS A
SPECIAL APPROPRIATION
OF $6,500,000.
NO DETAILED INFORMATION
Mark* Change of Policy Resulting
Directly from the Wpfehlngton
Arm* Conference.
Washington.—In order to keep the
first line of the American navy on a
parwith the Sea forces of the other
great powers President Harding ask
ed Congress for a special appropria
tion of $6,500,000 as a beginning on
a battleship modernized program.'
The plan behind the request marks
a change of policy resulting directjy
from the Washington arms confer
ence, and was described by Secretary
Denby in a letter accompanying the
President’s recommendation as of ma
jor and vital Importance in national
defense. Before the conference it had
been the practice to build new ships
rather than modernize old ones, a pol
icy which no longer can be followed
because of the construction limita
tions imposed by the naval limitation
treaty.
Secretary Denby reported that a de
tailed study of the problem had been
madeyby naval officers and that tSe
$6,500,000 asked for would make It
possible to begin work on 13 vessels.
No definite information as to what
ships will be affected by the first ap
propriation or what work wilt be done
on them, was given to Congress by Mr.
Denby or made available at the navy
department. It is known, however,
that in general the tentative plahs
call for equipment of all of the 14-inoh
gun shipr-Of the fleet w'tbt deck .piPm
tectlon against aircraft bombs and
high angle fire, “blister’’ protection
against torpedo attack and moderniza
tion of the main batteries to give
i them a range now usable with air
crafts spotting.
British ships of the .^ame general
type have already been brought up to
date in this way as a result of les
sons learned in the war . The work
was begun in the British navy yards
during the war, and a specific provis
ion permitting it to be completed if
more than 3,000 tons was added there
by to the displacement of each ship
was included in the naval treaty.
The new ships which the United
States was building and has agreed
to scrap under the treaty were equip
ped with all of the devices which it
now becomes necessary to add to the
older craft. The new ships would
ftare fud mu firTiatteries with a Fange
of 34,000 yards and the interioi con
struction of the hulls was calci fated
to minimize the danger from to -pedo
attacks.
Offers Freedom to Prisonoral
Washington. — Eight former Inein
bers of the Industrial \Vorkers <lf the
World, sentenced four years ago to
varying terms at Leavenworth Ipeni
tentiary for conspiracy and violation
of war-time legislation were offered
freedom by President Harding on con
dition that they leave the United
States. Sixty days wdre allowed for
the prisoners to arrange their affairs
preparatory to deportation, a bond
being required during the interval
which will ensure their embarkation
for soni/b foreign land.
The commutations announced were
in the cases of the following:
Aurelio Vineeti Azuara, sentenced
j. Bourg, 10 yearsj Pe
; Oh a riri' L. Lam
bert, 20 years; Harry Lloyd, five
years; Burt Lorton, 10 years; Sam
Scarlett, 20 years; Archie Sinclair, 10
years. ^
The President's action was said both
at the White House ana at the depart
ment of justice to have been confined
strictly to the cases acted upon and
did not indicate any intention to ex
ercise similar clemtrcy toward the
other members of the same organisa
tion who are still imprisoned for fail
ure to observe the espionage act and
other emergency laws.
It is emphasized that the extension
of clemency was strictly “provisional"
and that the unexpired sentences
would befeome immediately operative
should anyone of the eight men returp
to the United States.
According to officials of the depart
ment the decision to commute the
eight sentences to expire immediately
was reached after a review of re
ports made to President Harding in
scores of cases, the views of prose
cuting attorney and the presiding
judge being attached in each in
stance.
I
SIXTY LYNCHED BELOW
MA80H AND DIXON LINE
New York.—Sixty persons were
lynched in states below the Mason
and Dixon line in the year just end
ed, the National Association for
the Advancement of Colored Peo
ple announced in a report made
public here. Texas headed the
list in numbers.
Of those lynched, the report
stated, 52 were negroes, seven
White Americans and one a Mexi
can. Seven of the victims were al
leged to have been publicly burned
to death.
.... ■a————
Accidents claim iq,i6b
DEATHS FROM INFLUENZA, TU
BERCULOSIS AND HEART DIS
EASE FALL OFF.
fulcides for 1B21 Numbered 11,136;
Much Higher Rate for 1922 is
Indicated.
— Declines from the
dent rat! 'fi-om heart disease, influ
ent find pneumonia, and tuberculosis,
ia jul its forms, the three principal
caomB of death in the United States,
weRPthe prominent outstanding fea
tures of 1921, which shows the low
est death rate recorded in any year
since the beginning of the annual com
pilations in 1900, the census bureau
announced. Increases were shown in
the rate for cancer, automobile acci
dents and injuries, diphtheria, typhoid,
Suicide and homicide, and several oth
er causes;
“While in 1921 the death rate was
ll.< per 1,000, compared with 13.1 in
1920, a higher rate for 1922 is indi
cated in the reports from that period.
Those rates are for the registration
area of continental United States,
comprising 34 states, the District of
Columbia, and 16 cities in non-regis
tration j states, with * total estimated
j population on July i of ifo.flfTiTOfr, or
82.2 per cent of the estimated popula
tion of the United States on that date,
which was 109,248,393.
"The total number of deaths in the
registration area was 1,032,000, com
pared with 1,142,558 in 1920. The rate
per 100,000 was 1,163.9 compared with
1306.0 in 1920. Based on the death
rate for the registration area the num
ber of deaths for the whole United
States for 1921 approximates 1,271,444.
“Heart diseases were responsible for
one-eighth of all deaths or 130,351
deaths in 1921, but tbe rate per 100,
declined from 149.7 to 147.0. Influenza
and pneumonia in all forms caused 86,
458 deaths compared with 182,205 in
1920, the rate declining from 208.8 to
99.8. Tuberculosis in all its forms re
sulted in 88,135 deaths compared with
99.916 in 1920, thd rate declining from
114.2 to 99,4. Cancer and other malig
nant tumors were responsible for 76,
274 deaths compared with 72,931 in
1920
Automobile accidents and injuries
resulted in 10,1*8 deaths, compared
with 9,103, the rate Increasing from
10,4 to 11.5 per 100,000 people. Sui
cides numbered 11,136 compared with
8,859 in 1920, the rate increasing from
10.2 to 12.6. Of the suicides 4,122 were
by firearms, 712 by cutting or piercing
instruments, 1,942 by hanging or stran
gulation, 1,739 by poison, 1,401 by as
phyxiation, 710 by drowning, 271 by
jumping from high places, 130 by |
crushing, and 109 by other means, j
Homicides also increased numbering !
7,545, compared with 6,205 in 1920, the 1
rate increasing from 7.1 ta S.5. Fire
arms accounted for 5,509 of the homi
cides, cutting and piercing instruments
768 and other means 1,260.
“Declines were shown in the num
ber of deaths from railroad accidents
and injuries, mine accidents and inju
ries, machinery accidents and inju
ries, street car accidents and inju
ries.”
France Would Seize German Forests.
Paris..— Premier Poincare plans to
follow up the reparations commission's
decision declaring Germany in default
of her wood deliveries by presenting \
to the allied premiers’ meeting here
a scheme for taking over the German j
state forests as a guarantee. If the;
other premirs will not agree to this
step dt is understood France is pre
pared to act alone.
It is now feared that the British
and French attitudes will be as far
apart when the premiers reconvene
as they were when the recent London
confSrenee adjourned and the latest
reparations development is taken to .
support this view. Sir John Bradbury j
went to London to eonefr with Prime j
Jiftniiter' Bonar Law and other mem
bers of the government on the effect
of the reparations commission's ac-1
tion and on the question of the gen
eral British policy toward the pre
miers’ meet*ng.
1
UNITED STATES TO
TAKE NO PART
REGARDS FROTHCOMING PRE
MIERS’ MEETING PURELY AS
EUROPEAN AFFAIR.
MAY STARTLE CONFERENCE
It it Reported That German Chancel
lor Has Definite Proposal For
Four-Power Pact.
Paris. — Persistent reports that th«
United States would participate li
some form in the coming conferenci
of the Inter allied premiers were defl
nitely eliminated upon the receipt ol
the news that the United States gov
ernment would take no part in the
meeting. Unofficial but authoritative
information reached Paris that the
American administration regards the
forthcoming premiers’ meeting as i
purely European affair and as no!
warranting intervention by the United
States.
Although it is not believed the state
depratment at Washington has made
any statement on the matter, inter
ested governments on inquiring in re
sponsible American sources were in
formed that there did not seem to be
the slightest chance of American par
ticipation. There was some sugges
tion, however, that the breaking up
of the conference and the probability
that this would certainly be followed
by French seizures in Germany might
provoke some eleventh hour step by
the United States.
ReportB that Wilhelm Cuno, the
German chancellor, intends to startle
the premiers’ conference with definite
proposals for a four-power pact which
would guarantee the security of
France and the present Franco-Ger
man frontiers, reached reparations
circles and (created considerable com
ment. This pact, according to the re
ports, would extend over a period of
30 years. It would be signed by Great
Britain, Italy, France and Germany.
The United States also would be asked
to sign, but without assuming any mil
itary obligations.
French officials are said to have al
ready received an outline of the
scheme from unofficial sources and
there is believed to be little enthus
iasm for it, since it is supposed to
contain a clause giving any country
the right to withdraw within the 30
year period, provided a referendum
decides to this effect. Another feature
of the reported pact would be the with
drawal within a short time of the
troops of occupation. This, it is as
serted, would find no support in
France.
Germany is keeping her new pro
posals much in the dark, so far as the
reparations commission is concerned.
The commission has learned, however,
that among Chancellor Cuno’s pro
posals will be one to pay a lump sum,
somewhere between five billion and
eight billion gold marks, one billion
to be paid at once and the remainder
over a period of ten years. This would
be accompanied by a certain form of
allied financial control sufficient to
insure the balancing of Germany’s
budget and the stabilization of the
mark.
Good Business During Month.
Washington. — November business
conditions represented a continuation
of the upward trend in production, a
greater employment of labor, which in
some localities was reported nearing
the scarcity mark, according to the
monthly survey made public by the
Federal Reserve Board.
Contrary to the usual situation at
this season of the year, the board
found production in basic industries
increasing, a condition that has pro
ceeded almost uninterruptedly since
July, 1921 when production was lower
than at any time in recent years. This
condition the board believed augured
well.
The increased production was ac
companied by a heavy freignt move
ment. car loadings for November be
ing reported only five per cent below
the high record in October and sub
stantially higher than corresponding
months in previous years. Despite the
heavy demand, the rail lines were said
to be meeting the call for cars because
of the great decrease in the number
under repair.
Labor shortagec were reported in
some localities. th< review stated, ad
ding that the demand for workers at
most industrial establishments seemed
to be increasing. The shortages were
found largely among steel and textile
mills and building contractors, but
there was said to be some surplus of
common labor in the eastern section
of th* nation.
rz
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