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The sun. (New York [N.Y.]) 1916-1920, December 20, 1919, Image 2

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2 Who is uimblo to buy. Stio Is willing to, but her money la valueless and ho 1ms no securities to offer qxeept work. filio Ih unnblo to Imy raw ma- terials. Wo lmvo formed a prlvato company, wlth'tbo assistance of the Hoover American Kellef organization p5 advisor aud with myself as n sort 'pt chief of staff. Tho Government has subscribed 10,000,000 crowns, the city 10,000,000 and tho banks 100,000,000. This company Is now feeding 30,000 .persons at public kitchens at cost Hut although this capital would bo ample In normal times we oro balked becauso wo can- not purclmso supplies with Austrian crowns. \The entire outlay required to tide Vienna over iho crisis at tho present maximum niurkct prices is $15,000,-00- 0. Unless wo obtain this we go to pieces.\ The plan for such a loan Is given only In outline hero. Chancellor Ilenner asked In Paris for ?100,000,00O. If It Js granted It Is, expected thnt only enough will be used for food to assuro ra(ions on the Government basis. Stnny objections have been made to n loan for food direct, or nt least un- reservedly, because tho Govcrnraeut cannot buy cheaply oven for cash nnd cannot buy nt all In the markets of llhingary, Czechoslovakia and Jugo-'Blavl- There Is further fear that the Gov- ernment, being Social Democratic, will patronize tho workers to tho detriment of the middle clashes, who possibly are even greater sufferers than the workers. The credit If ex- tended must be spent In dollars, of tl'.e general fear of a further fall' in the price of crown, nnd even Of bankruptcy. It has been suggested that tho loan might be mndo to the government on the condition that It be expended under tho supervision of the Hoover administration, which frotild uwure Its expenditure for food with a minimum 'of overhead expense and distributed impartially, regard-los- s of race\ religion or class. It Is considered likely that such a loan might not be exhausted, for any plan must he based on the cost of tho sale of meals, that although purchases made In dollars would be pnld for In Vienna In crowns nt the present rate 6f exchange the crowns would have a Value when Industry was resumed. - Loan Would Solve Problem. \Such n loan,\ Dr. von I'lrquet said, \would solve the entire problem, for qnco Vienna Is fed from .International sources provincial fears will be cmled, the frontiers will be opened, regular (rade will begin nnd once more food wll be In the market for private H&.vers. But If we sire not helped we liave the plundering Bolshevist. There are two parties, the Social Democrats nnd tbc Christian Socialist and Catho- lic. If the coalition Government re- signs neither, party will care to as- sume -- csponsiblllty for administering the fiimlue. The only ones willing to jule at on. price will bo a .small group ibf Bolshevists. ?; \I do not believe that $li,000,000 Is 5j large price for the world to pay to itave Europe from this disaster. J \Tlw city kitchens, whose capacity :1s a million dally, could undertake to supply this muxlmum in January If 4lie loan were made. No other sola-itlo- n Is thinkable, as there Is not coal rcnoush to permit the population of Vienna to cook Its own meals. \Don't Imagine that starvation Is .'coming to us as It came In the Indian :fainlnc, with people dying In the ''streets. If man has a .third of the fnocdert food supply It takes a long time to die. Many diseases carry htm off faster than does starvation. Our vgreat danger Is tuberculosis. Its 'death rate doubled during the war and the number of cases Increased three to four fold. As a general rule Ncvery person In Vienna is normally infected with the bacilli of tubercu- losis, so that reduction of food simply gives the disease Its opportunity. The number of deaths, which was great In 1918, is now coming to another peak. Already there are complaints that the city cemetery Is unable to liandle bodies expeditiously enough. , \Other diseases due to undernour- ishment are appearing.' Among them ore osteomalacia, weakness of the Ibones, due to absence of salts of lime; Jlropsy, caused by eating too many 5vntery foods, antj scurvy, from lack jpf vltamlnes, which comes even to amply fed children who lack fresh food. An Idea of our desperate state li? obtained from the fact that while the normal milk supply of Vienna Is 1,000,000 liters dally the present wip-- j tily Is only 70,000 liters. There are 840,000 children under 14 years of! Sge, una two-tinrtl- s of these are get- ting no milk whatsoever.\ \glass asks aid for STARVING nations Secretary Wants Legislation to Extend Credits. f Special DetpatcA to Tni Sts. i Waehin.jtom. Dec. 19. Secretary of .the Treasury Glats y sent to Con- gress an urgent appeal ?or legislation Authorizing' extension of Government credits to rend American food to starv-Jfo- people In stricken European coun- tries, particularly PolanJ. Austria and Armenia. ', In his tecommendatlon to Congress I' $MemnMixTui(it THERE IS HO SUBSTITUtE FOR 30 .YEARS HIGHEST QUAUTY OBTAINABLE j. . i..,-..- n..l. I nrn mA T1IT1T1 T n III KsSSE previous recommendation \cite.' oialnst U ASKS TU f MD LOAM ther Government loans or credits and 1 says ha Is reluctantly convinced that only Instant Government action cnll r.ive the situation. Ho lias conferrcit with Herbert Hoover, wno outlined tho grave conditions existing In an Inter- view In Tub Bun two days ago. Mr. Glass sent tho following letter to Chairman Koritney of the Ways and Means Committee of the House \Report! nnd urgent aavices rcceiveu , was, therefore substantially cnuoa eight rrom renuDio sources n to mo iuiui i months ago, nnd utter lack of food In certain por tions of Europe are to serious tnnt i feel It my duty to lay somo of the facts beforo Coinrenn. Although the shortage of food In Kurope as' a whole Is less this winter than Inst, there Is In parts of Kuropo (especially Austria, Poland and Armenia) a. most dangerous short- age of food, clothing nnd fuel. In these places there has not been eufflcient re- covery of economic llfo to enable the people to produce enough to meet tholr needs or to enable them to buy or to borrow mifflelent food and clothing to keep them alive. Whole Population! Wenlc. \In rrrtnln sections whole populations aro now dangerously weak and hopeless from hunger. Tho death rato caused by starvation la already Increasing to an alarming extent and unless something id dond great number will die from starvation or cold. It Is unnecessary to elaborate the grave effects which this may have on the social order anil tho 'economic fabric not otdy In the plncca where these conditions exist but In tho (whole of Europe and even the world. 'rri. T,llit riAvwnminl hmm Informix! this Government that It Is prepared to share with u to tho extent of Us ability In the relief of Austria, which, according to our lofoimatlon, Is In the moat des- perate condition. \As you are aware, the Treasury lias strongly held the opinion that this Gov- ernment should at tho earliest possible moment discontinue lending money to other Governments. I have urged that private Initiative should be restored and that credits for purchases In the United States should bo obtained through private channels. In discussing in my annual rcnort the International financial situation I said thnt 'wo aro prono to overlook tho vast recuperative power In- herent In any country whlh. though devastated, has not been depopulated, the people of which are not starved afterward. Private Charity Not IJnonjrh. \I am reluctantly convinced no)v that In order to meet the urgent necessity of keeping the destitute populations of Europe nllvo through this winter thoro must be taken at once mensures for their relief. The resources and efficiency of tho prlvato churltles of this country' arc r.ot adequate to the necessities, which cannot In the nature of tho caso he financed through ordinary private chnnnels. I therefore have the honor '.o reiiucst that your committee afford me the opportunity ,of 'laying before It any iniormauon wnicn it may oesire anu which I am able to furnish In order thnt appropriate legislation may bo consid- ered at once. \The emergency is of such magnitude ; the dictates of humanity arc so press- ing; the possible effects of the present situation upon the noclal, economic and financial rehabilitation of Europe, and consequently upon tho trade and pros- perity of the world In which the United States hifl so great a stake, may be of Huch consequence that I do not hesltato ?rom the standpoint of humanity and public policy to assume the responsibil- ity of appealing to the humane .uid prac- tical tentiments of the Coqgre;s to. take Immediate steps to furnish from our surplus the food necessary to save the situation. \Wo cannot and must not now fail to supply Kome food on credit to save human lives and safeguard civilization for which we have already expended 60 many lives and billions of dollars.\ ITALY WILL DOUBLE THE PRICE OF BREAD State : No linger Can Bear Burden, Says Controller. Ilo me, Dec. 18 (delayed). Slgnor Murlaldl, the Poo Controller, in a state- ment on the food supply, said the nation In the present year had produced only If, 000,000 quintals of wheat as com-luire- cl with 13,000,000 last year. The needs of the civil population, he said, amounted to 42,000,000 quintals yearly, Wheat had been sold by the Govern- ment at 60 lire a quintal, the Food Con- troller stated, without reference to the ncpe paid. In order that the people might be fed. This had resulted in very heavy leases for the State. The price of bread, he added, would In consequence be doubled. Slgnor Murlaldl said the Government had been forced to pay 130 lire for wheat Imported from Argentina snd ISO lire when bought In North Amerl ca. By Is loss on wheat, due to the differ- ence between the Government's buying nnd selling price, the State budget would rufter a deficit of 100,000,000 lire. Production of oil will be only one tenth of that last year, tl.us tho Gov, eminent will be forced to Import cotton oil at a cost of 670 Uro a quintal, en- tailing a loss for the year estlinated at 200,000 lire. Dairy products were less than half the quantity before the war. Owing to the high rate of exchange with Great Britain and America nego tlatlons are proceeding for the purchase o' wheat from Bulgaria and Rumania. In the Chamber several Deputies pro- tested against the new wine tax. The tax formerly was assessed against con.' turners only. Now the grower Is af fected. Among those protesting most loudly was Deputy Scottl, a Catholic peasant, who cried: \You are striking chiefly at the peasant populations, 'ihe vines are ofTected by blight and in ten years all will be dead. Then there will be no more wine.\ ' Leak in Brooklyn Gai 3aln, Becauso of an accident to Its g.iB mains the Kings County Company, which furnishes gas to a population of about 230,000 In Bay Ridge, Benson- - hum, Borough Park and Fort Hamil- ton, asked the police last night to warn residents of those sections not to go to b:d with gas Jets burning. At the of- fices of Ralph Elsman, nt of the company, It was said every effort wa'i' being made to maintain pressure and to locate the leak In the mains. Metre Bats. $5.00 io.V00.00 BAGS NEW BAGS of rroire and chiffon velvet bags of beads in brilliant or subdued color, bags in unusual leather may all be had at Ovington's at very reasonable prices. OVINGTON'S \Til &ft Shop fSlhAvi.\ $ 14 Fifth Av., near 32d St, MEREST OF ALLIES Continued from Firtt rase. elgn Governments, The programme au thorlicd hv Conrress for forelcn loans i \At almout theTiame time the foreign Governments of their own accord, but with the henrty approval of the Treas- ury, ceased tho \pegging\ of their ex- changes. \These necessary stepn by tho United States Treasury and treasuries of our associates, in the endeavor to reduce Governmental financial activities and to return trade and finance to normal channels, have been reflected In the great drop which has taken place In the foreign exchanges. \With tho ending of the war nnd of the prosrrammo of our loans to foreign Governments It was considered appro- priate In accordanco with the nuthorlty conferred by tho Liberty Bond acts to take up with those Governments the funding of the demand obligation! now held by the United States Into long- time obligations; and In view of tho fact that, ns Indicated by the statn of negotiation exchanges, the reconstruc- tion of Europe has not proceeded to n point whero Europe can even yet pay by exports for Its necessary food, It was considered by the Treasury moit expe- dient that, as a part of n general fund- ing arrangements, provision should bo mado for deferring nnd spreading over a later period the payment of Interest which would accrue during the next two or three years. How Exchnnsre linn Kailen. \At the time of writing exchanges of the principal Allies nre quoted as fol- lows: \Sterling 3. 86, or at a discount of 2n per cent. \Francs 10,23, or at a discount of 40,4 per cent. \Lire 12.75, or nt tt discount of 59.4 per cent. \Belgian francs, 9.97, or at a discount of 48 per cent: \Under theso circumstances nn Im- penetrable barrier exists which makes It lmpractlcablejgfor these Government to pay in dollars the- - amount of Interest duo from them to the United States. \This Involves no question as to the solvency or financial responsibility of these Governments, nor a falluro to raise funds by loans and taxes from their people and a corresponding burdening of our ptople, but result from the condi- tion of the foreign exchange market If the Governments of the Allies were to raise Immediately by taxs and loans the whole of their debt to us these taxes and loans would produce only sterling, francs and lire, and these foreign cur rencies would not furnish one additional dollar of exchange because condi- tions are not such as to permit these currencies now to be converted Into dol- lars. The Unltod States Treasury has no use at the present time for any consider- able amounts of these currencies and could not afford to accumulate large idle foreign balances. AVonld Hinder Ileconstrnctlon. \If tho Treasury does not defer the collection of Interest and thus add to the present difficulties In the financial and economic rehabilitation of 'the world by demanding an immediate cashpaymcnt of interost before the Indtu'ry nnd trnln of Europe has an opportunity to revive, we should not only make It Impossible for Europe to continue needed purchases here and decrease their ultimate capacity to pay their debt to us, but should hinder rather than help the reconstruc- tion which the world should hasten. A nation can liquidate its foreign debts only by the accumulation of foreign credits, Which may be accomplished thiough an excess trade balance. Invisi- ble exchange Items, the creation of credits by loans, cr by the export of gold. \Until our associates in the war, whose manufactures nnd trs.de Buffered ro much more than our3, have had op- portunity to resume normal Industrial and commercial activities, th?y have not the exports with which to pay the In terest due on our obligations and could ---- -ji THE SUN, SATURDAY, DECEMBER 20, 1919. make such payment wily by the nhlp ment of gold or bv obtaining dollar loans In the United States. The loans which the allied Governments have been so fnr able to placo m our markets havo not been sufnclent to correct the situa- tion. \I cannot believe that any one woull consider It equitable or wise In the pres ent circumstance! for us to require pay-mo- nt In cold, of wtych we already havo enough when the payment of one year's Interest alone would exhaust about fin per rent, of tho gold reserves of our debtors. While i tuny realize me de- sirability of collecting thli interest auJ of decreasing at onco by a corresponding nmount the taxes which wo must collect I should be most reluctant without spe cific Instruction from Congress to th contrary to demand tho Immediate pay- ment of Interest, which would not only seriously tetard th) conomlo restora- tion of those countries without which they will be unable to pay the Interest and principal of their debt to us, blit which would also destroy their power to innlco needed purchases In our mar- kets, , \My ad Iters are firmly of the opin- ion that, In connection with nnd as part of a general funding of the demand ob- ligations Into time obligations, I am duly authorized under the Liberty Loan arts to spread over subsequent yenri the Interest which would .accrmi during' the reconstruction period, of lay two or threo years, nnd to Include such amounts In tho tlmo obligations. If, however, the Ways and Means Commltteo of tho House, whioli shared with the Sccretnty of the Treasury the Initial responsibility for the Liberty Loan acts, should ques- tion my power so to act, I shall bo pleased to have yon so Inform me at onco In order that I may lay bofors your committee a proposal for further enabling legislation.\ LONDON HAZY AS TO FRENCH LOAN TERMS Suggestion Favors Issue Premium Bonds. of Spetfal Cable DetpalcA to Tns Sus from tht London Timet Bervlct. Copyright, 1W, all rightt rttervei. London, Dec, 19. Very little seems rc.illy to be known regarding tho ar- rangements for the French lonn, at all events about tho probabilities either for tho dato or for the terms, all that Lloyd George Iibb said being that they would be settled later. With overy good will to France there is i distinct feeling in London's financial circles that before the loan here Is finally settled a good deal more ought to bo dono by the French Government to put Its own house In order In tho way of in- creasing Its tax revenue, which Is at oresent barely ono-thlr- d of our own. As between the Englishman nnd the Frenohman of equivalent wealth, the former. Is now paying thrco or four times as much In taxation j the State out of his income. Meanwhile the suggestion Is still cur-re- In tho city that the Fronch loan might take the form of premium bond-- but In order to avoid objections raised to a nremlum bond Issue here, It Is now suggested that It might be made In Purls, especially for British subscribers. The effect on exchango position would be of course the tame. SWAKN'S BILL TO CITY $32,078. llYpeiise Incurred In Defending City Cluli Chances. It will cost the city $32,076 to meet tho expenses Incurred by District Attorney Swann In defending himself against the charges preferred two years ago by the City Club. After hearings had been held by n special commissioner Gov. Whitman dismissed them. Of tho above amount, which Comp- troller Craig was authorized to pay by the Hoard of Estimate yesterday, $!!,-00- 0 will go to John (B. StanchflelJ, who acted- - as counsel iqr the District At- torney. The. charter provides that on ndvlce of the Corporation Counsel the city may pay the expenses Incurred by public in meeting charges that are not sustained. r MM. mam, THIS A1U5TUUJ&AJI Forbear to call your enemy a poor \prune unless you wish to compliment him. For, thanb to the genius of T nfVuM- - Rurrwrilr thft nninc N has become the polished aris- tocrat of the fruit world. Filled to overflowing with nature's sweetness, it is the delicacy de luxe of the well' appointed table. Over 175,000 ipounds a.ycar are served at CHILDS. CoTtrvd with rich syrup ma4a of tbtir own sweet julc. LOVE a MIKE, ILL, IS BACK IN BELLEVUE . Bronchitis Takes Baby From His Mother to Hospital. Little Lovo n' Mlko wont back to Bcllevue yesterday. Even for a grown- up It would bo very hard to bo left with a perfect stranger at Grand Cen tral, taken to n pollc-- j station, sent tn Bellpvue, claimed by a strange woman as her kidnapped bab, taken to a new tenement home, reclaimed by his own mother taken to Children's Court and cent home again, all within ten days. But for a baby of ten months It Is altogether too much, nnd although Love o' Mlko was fat enough nnd spry enough and ruddy enough when he started on his adventures, he was a pale, wan, quiet hnby when he was taken Into the hospital yesterday morn- ing by Mrs. Llna Lisa, his real mother, nnd Nelllo Bly, newspaper writer, who has been helping to straighten out the big tangle of whic.n hu Is the small cen- tre. Love o Mllko has bronchitis rather badly, and really doesn't seem lo care n wholo lot Jnat what becomes of him. But at Bellevue ho Is being care- fully tended In the babies' ward and they hope to have him taking notice soon. By the tlmo Love o' Mlko Is ready to leavo the hotpltal It Is hoped that Mrs. Lisa will be settled In a better homo and earning enough money to keep both babies with her. M lift equals the appeal of fcofc. A loo deal of your Christ-m- as shopptnl mtihi tentenltnily be done in our ideally healed, fully slocked shop. Lord & Taylor Book Shop Condurtid ev th' Doubledav-rat- c UoaK Shop Co, Fifth Avenue At S8lh Street HOLIDAY GIFTS at the Hew FIFTH AVEHUE UNITED CIGAR STORE NEW United Cigar Store- - at 543 5th. Avenue corner of 45th Street ' spacious in size and equipped in accordance with its surroundings, offers our customers an unusual choice of Cigars, Cigarettes, Tobaccos, Pipes and Smokers1 Novelties of higher grades. At present a holiday shop par excellence. Ladies are very sure to find here just the thing they are seeking for men who smoke. illlwli up FIFTH AVENUE AT 45th STREET SOUTHEAST CORNER' V i J James McCreerv & Co. 5th Avenue Second Floor ' , a ! $ , Street In Our New Men's Fifth Avenue Clothes Store TO-DA- Y IS THE LAST DAY Here's your chance to have little Christmas all to yourself uPinki dlu OF HIGH-PRICE- D ULSTER -- TYPE OVERCOATS at 11 were formerly $150. 15 were formerly $135. 41 were formerly $125. 34 were formerly $110. 88 were formerly 95. 189 And another group at $CC 35th 24 were formerly $85. 83 were formerly $75. 144 were formerly $65. 251 GREAT COATS HUGE ULSTERS TOWN ULSTERS Blue Mixtures, Gray Imported - O'Briens, Brown and Green Heathers Plaid Backs, Belted Backs and Plain Backs Almost all of them are satin trimmed S ome have muff pockets All are phenomenal bar- gains! USE 5TH AVENUE ENTRANCE If

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