St. Croix Avis, 1921-01-31, page 3
recognition and that the Government nad decidad to acquiesee. Washington. Jan. 26th. —Jap n repiied today to the Uaited States Government’s note regarding che killing of naval Lieutenant Laagdon at Viadivostok with _he promise of a thorough investigation of the incident. The repl is said to be unsatisfaciory to Washington in that it aoes not meet poiats raised in the Uni- (2 States ecommunication. The United States Admiral who investigated the as- -sir has reported ihat Langdon was hlameless and was the subjeet of an un- warranted attaeck by a Japanese sentry. Philadsiohia, Jaow 28th.-—An earth tre- mor and expiosion of great violence caused alarm over a wide arca In this vie'nity early tonight. ihe shock was felt about 6.45 p. m., and engniries pour- ed into newspaper offices from all diree- tinns, many coming iromipoints as far away as Trenton, N. J.. altos those who made enquiries said that the houses were shaken, and the sensation was that of a violent explosion. …
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recognition and that the Government nad decidad to acquiesee. Washington. Jan. 26th. —Jap n repiied today to the Uaited States Government’s note regarding che killing of naval Lieutenant Laagdon at Viadivostok with _he promise of a thorough investigation of the incident. The repl is said to be unsatisfaciory to Washington in that it aoes not meet poiats raised in the Uni- (2 States ecommunication. The United States Admiral who investigated the as- -sir has reported ihat Langdon was hlameless and was the subjeet of an un- warranted attaeck by a Japanese sentry. Philadsiohia, Jaow 28th.-—An earth tre- mor and expiosion of great violence caused alarm over a wide arca In this vie'nity early tonight. ihe shock was felt about 6.45 p. m., and engniries pour- ed into newspaper offices from all diree- tinns, many coming iromipoints as far away as Trenton, N. J.. altos those who made enquiries said that the houses were shaken, and the sensation was that of a violent explosion. Aftcr several hours investization had falied to bring word of an explosion, ilt was concluded by otficials at the elecirical bureaus that an earth tremor was responsible for the commeotion. - Trenton, N. J., Jan. 26th.-—A violent earthshock was feit early tonight in the vicinity of Riverside and Riveri n, where many buiidings were badly shaten. Tne shoek lasted several saconds, and cadsed many of the residents of that seetion sodlee from their homes in terior. ‘ithe huge power piant of the pubiic service corporation a# Riverside was snuken, and employees, frightened offieials o¢f the corporation immediately got In touch with ali power plants from f{ullytown, Pa., to Carney’s Point to leggn if there had been an exulosion but none was re- portei. ~ New York, Jan. 26th.-—Raw sugar was weak eariv today. Cuba’s were offered at 4% cost and freight, equal tc5.27 for centrifugal, without finding buvers. Re fired was at 7.50 for fine granuiated, aithough the undertone was uuseitled. Sugal futures were easier and prices at midday wers b to 10 points inwer ua- der liquidation and selling by irade coni- mission houses. London, Jany. 27th. —The guestion o: direct action by Britisb Labor in cen- neetion with tne unemployment situa tion was brought to the fore today at the National Conference of Labour Par- ty and the Trade Union Congress here. Discussing the poiley of labour towards unemployment Mr. Thomas, Secretary of the National Union of railwaymen, said that if the Govi. failed to accept the proposals of labour, tRe question of direct action would be discussed and a decision regarding it reached on Febru- ary 23rd. New York, Jany. 27th.—Bus ness in raw sugars was not practically active today, the only sales recorded in the ear- AT LBV X AVi ly trading being 15,000 bags of Cuba’s, afloat, 4t four cents, cost and freight equal 1o 5.01 for centrifugals. The Weakness in rawssunsetiled refined, al- rnough prices were unchanged at 7.50 for granulat:d, with business light. Su- sar futures were easier, and at midday “rices were 15 to 1Y points lower under selling by trade . Cuban interests. London, Jany. 27th. —Sa2veral records ar2 beaten by the ficures in the regis tration general’s provisional returns for 1920. 3Births per thousand of popuiation in Bagiand and Wales wore 25,44 and in London 26.3 deaths were 12.4 per thousand in England and Wales and the same in London Infaatile mortality per thousand was eighty in England and Wales and seventy five in London. The birth-rate for 1920 is the highest of the decade and the number of deaths rate 13 the lowest recorded since 1862 when the population was only 20 millions. The infant-mortality’rate (under one year) 1s the lowest ever recorded. Srockholm, Jan., 27th. —Both Houses of Pavitament n:ve ratified by arge majori- tics amendments (» the Swedish Consti- tution extending the Parliamentary vote t 0 Hoch men, and vomen, irrespective of the resiriciion concering the payment of nxes. Women will be eligible to sit in aither Chamber There will be a sin- »ie eleetion day througnout the country and hencoforih tne Riksdag will elect its ownHfficials Formerly it was the King’s oriviiege io appoint the Presidents and Vice- Presidents of the Riksdag. i'okio, Jan. 27th.—Japan will enter a vrotest against the construction with Uniced States capital of large wireless station at Shar.ghai, with branches at [ien Tsin, Chifa and Harbin, says the newspaper Nichior of this city. This action will be based on the claim that the ~vork would infringe upon concessions oranted Japan authorizing this country to build wireless plants at points in the intarior of China. serlin, Jan. 27th.—Russia has given iarse orders for manufactured goods to (yernany, including an order for 30,000 ploughs. : Constantinople, Jan, 27th. —An Italian soidier who became involved in a quarrel in a case on Monday threw a hand gren- ade wounding three British soldiers. Ths was the latest ofa series of dis- orders, which include the killing of a Japanese by a United States sailor and the stabbing to death of a UUnited “tates sailor by an Italian. Constantinople, Jan. 27th.—The Turk- ish Cabinet has accepted the Allies stipu- lations in regard to the control of the finaness, and thereby 1,200,000 Turkish pounds have become available to the Govt. London, Jan. 27th. Th?® tice on unem- ployment is still flowing, the names of those without work registerzd at the La- bour Exchange throughout the Kingdom, which were close to a million on January 21st, having increased by 60,000 in the course of the week just past. The figures are exclusive of those who are ‘vorking on short time and it is known that large numbers are now registe e at the Ex. change. New York, Jan. 27th.—The raw sugar market was still unsett]ed this morning but prices were unchanged at 3 7/8 so, Cuba’:, cost and freight. “ FINANCING FQREIGN TRADE The American Foreign Trade Finaneo Corporation, our latest financial ven- ture in the interest of reviving foreign trade, \will, if it succeeds in its pur- pose, —accomplish wonders for Ameri can trade, especially in agricultural produects. ' It bhas long been evident that our foreign trade was certain to break down . in the near future as conditions were developing. That eventuality has crept upon us apparently unsuspected bythe great mass of people, even some of our financiers evidently closing their eyes to the perfectly obvious, and we have ali been living in a fool’s paradise, assuming that because there was plenty of money in circulation we were all getting rich together. In the mean time, however, foreign exchange has been getting more and more impossible. The evidence is per- fectly clear that not only foreign credit, but American as well. has been prac- tically econsumed already in taking care of the unprecedented export trade, which we have accepted as an evidence of prosperity and whict in its break- down has §sent prices everywhere tun; bling and made a stringency in the money market which is all hut (lianger—- ons. We have foolishly assumed that, when the exchange was in our Javour in some rather tunexplainable way we were enjoying a special advantage in the world of trade. We are - waking up to find that the opposite is true that we are suffering some very decided dis- advantages on this very account, and the time has at last come when the export trade must practically stop un- less a system of credit can be arranged against which this trade may proceed without further affecting excharge. Ilmt is, therefore, with very great de- light that thinking farmers everywhere welcome the united effort of producers and of bankers in their endeavor to find a sound system of financing our export trade, and in such away, we hope, as to turn the tide of exchange upward in favor of the so-called dis- tressed people in Europe, -who, after all, constitute our buying constituency and upon whose prosperity we depend for a safe market for cur surplus mar- gins.— The Country Gentleman.