1919-09-30 — Page 2

RKET.

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INSPECTION INVITED.

DODWELL

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THE STANDARD LIFE ASSURANCE CO.

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-- MAKUFACTURERS OF

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Oil Drilling Cables of say xime up to 3,000 feet in Jangth, Prions, Bamples And fall partieniam wil be forwarded on application.

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OWING to the present high iate of EXCHANGE we are now offering our KODAKS and FILMS at very lowest

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«GREEN ISLAND GEMENT COMPANY, LIMITED,

R

PORTLAND GEMENT.“

In Chakning 375 lbs. net. In Bags of 150 lba, ziek,

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HE LOFTOR' BIRKOTORY; GO, LYB; 25, Abcharcă Las, Losson, E.,C, 4, Eizlash:

most interesting part this volume deals with the struggle inside Germany over the use of U-boats and the making of

peace overturea Helfferich claims, to "have been" in close touch with all the phases of the struggle. For him both were questions of policy and were closely intermingled. The slok: ing of three English cruisers by- the U.29 and the assurance given by von Tirpits to a representative. of the American Press that Eng-- -land-cpukt be defeated Ty the destruction of her merchant craft had caused great enthusiasm in Germany. When Helfferich joined the Government in February, 1915, the Navy had prepared a proclamation declaring the waters of Great Britain and Ireland & war area in which merchant vessels would be sunk, but the consent of the Kaiser and the Chancellor not yet been obtained. The two reluctantly agreed, with the limitation that neutral ships would not be sunk. Protest, but not much more, was expected from neutrals, Zimmer manu is stated to have already sounded Mr. Gerard, and to have ascertained that American appos ition would be formal. The protest was stiffer than had been expected, and the subsequent ex- change of Notes and the deaths of American citizens on various vessels culminating with the Lusitania made the matter very serious.

Brand:

ition

perage

ON

rine Engines ALEX ROSS

& COL

DEAFNESS

Nouses IN THE HAD

direction. Foreign often under the errone ods impression that the actual amount · paid an import duty and transit dues does not exceed *7.5 per cent, and this combined duty is 5 per cent, less than what they would pay under the Mackay Treaty. This, however, is by no -means always the case, as there are other taxes, such as the destination tar, levied on imported goods. Although the transit pass -protects their goods until: they resch an inland centre of distri- bation it gives them no further protection when bulk is broken and the goods redistributed from these centres. The present system of likin bot only imposes additional taxation, but the movements of goods is

Scores apparently "topeless cases delayed by the repeated examina- have be completely cured by the tion en route. As a rule foreign well known French Orlene." traders do not believe that likin NOTHING EQUALS THIS SIMPLE in all its forms can be abolished. REMEDY. Boklet Free

Price 4/5 per Box on the contrary, believe that a scheme can be devised to carry out the abolition effectly.

Orlene Co. Station Rd. Croydon, Eng Any good class Druggist can obtain this ready to your order, or it can be obtained direct from us spon receipt

of cost

i

REFORM. INSTALMENTS.

One of the principal difficulties will be the financial arrangement during the period of transition from the old system to the new. It seems to me that the best way to bring abou the change by to overcome these difficulties is

instalments.

in

to defend the making of the peaceertures and the restrict ion he U-boat warfare. He' had difficult task, but the

Suppose we decide that all the support of the General Staff carried the day. The Centre, in four years time. We can then likia stations shall be closed down however, held a party meeting, abolish one-quarter of the stations and deared that if the Chancel-

the first year. Imported or decided for unrestricted U- boat war, and if he were supported articles could be arranged into by the Army Staff, be would four groups and a new tariff have the Reichstag behind him. applied to one or these groups. This was giving him a blank from all kinds of inland taxes in

This group then could be exempt | cheque, but at the same time definitely weakening the authori- all parts of China, while the re- ty of the political chief of the mating three groups could be Empl with respect to the treated according to the present Milita Staff. Helfferich com- arrangement. When, at the end

first of the

year, another ments that anyone who knew Luder off's personality group of articles comes under set hasar that the U-boat the new tariff, another

of stationspuld be question would soon recur.

It did recur. In the end of closed down, and so on until the fourth year is reached, when the December, 1916, the Armyleaders wished a Note to be sent to

new tarii becomes universal and

must

Helfferich had been negotiat ing with American cotton merch- ants and bankers, and had hopes of using their influence towards establishing "freedom of the seas." He was therefore most averse from pressing the U-boats, and arged his views on the Kaiser and the Chancellor against Tirpitz, who offered to resign. In 1916 the German Admiralty continued their propaganda, and on von Falkenhayn to theirviews. Moder ation, however, prevailed and Tirpitz was replaced by Capelle. Then came the American Note 03 the sinking of the Sussex. There was a conference at head- quarters Falkenhayn insisted- that if the U-boat campaign were lightened the English and French America declaring the opening of all likin stations abolished. By

unrestricted U-boat warfare with adopting this out regard to peace negotia portunity would be given to both tions. At Pleas Hindenburg foreign and Chinese traders to themselves that the satisfy received and Ludendorff Chancellor, Zimmermann, and abolition of likin is being carried Helfferich with "icy coldness.", out effectively, while the danger Their determination had been of loss of revenue to the Chinese taken, and the Chancellor said! Government in any one year that the Keiser would have to would be minimised. This is, in

fact, the decide. On January 8, 1917, a

same principle wire from Hindenburg summoned adopted in the Alcock conven- tion, provisionally signed in 1869. the Chancellor to Pless once more. Hindenburg and Ludenorff said NECESSITY OF A DIFFERENTIAL that the opening of the unrestrict- ed U-boat campaign must not be delayed beyond February 1.

would be strengthened morally and materially, and the sacrifices a'ready made for Verdun would be thrown away. The Kaiser was impressed and told the Chancellor that he would have to choose between America and Verdun. The Chancellor sum mored Helfferick by telephone, but before the latter's arrival the Chancellor had won the day for moderation.ima

The Admiralty propaganda was continued, and in August, 1916, there was another conference at Pless attended by the Chancellor, Hindenburg, and Ludendorff, now in control, Holtzendorf, Kock, Wild von Hohenborn, Jagow, and Helfferich himself. The whole position was reviewed, and the generals, although it was clear that they were now favourably disposed to the Admiralty view, declared that in the present state of affairs they could not sanction the risk of a breach with America. It was therefore decided against the Admiralty.

the

course an op

80.ALE.

So far I have kept to the etipulations in the Mackay Treaty. The Chief of the Naval Staff But, as has been already pointed had sent to the Chancellor a new out the present uniform rate the tends to restrict the importation memorandum estimating shipping and the food require of raw materials and machinery, on these articles) ments of England and the rate of and duties destruction that could be accom- should be reduced. On the other that the task of reducing England, into China can no doubt bear plished. He gave his assurance band, the luxuries now imported if begun on February 1, could be a heavier burden without being accomplished in five mouths. adversely affected the raising Helfferich says that he coached of the opium duty in 1887 supplies the Chancellor against the naval an excellent example. The scale view, and insisted that Germany can be so arranged that the The Chancellor told Jagow and of America into the war than she exceed the 125 per cent rate would lose more by the entrance total duty collected shall not Helfferich that the situation was could possibly gain by the agreed to, bat luxuries should pay so grave that he thought the time had come to get Mr. Wilson to boats. But the generals prevailed, more and necessities less Nor Helfferichthen wished to need we make any complicated act as peacemaker. Helfferich

resign. The Chancellor told him classification. As an illustration opposed this on the ground that what had taken place at the we may propose that the imported Mr. Wilson was too much on the side of the Entente to make a fair conference. The generals had articles be divided into, say, five peace, and suggested the altern. declared that they would not be classes, each paying a different ative of an understanding with responsible for the military situatimport duty in such a way that Russia at the expense of Poland,

tion unless the U-boat campaign more than 50 per cent of the total But von Jagow and the Chan- were undertaken. On the other volume of imports pay 12.5 per cellor thought that Russia

band, they would be responsibla cent, according to the Mackay. for the result even if the new step Treaty, and 25 per cst of the would do nothing without the brought America into the war imports pay less, and theremaid- promise of Constantinople. Then The Chancellor said that he also ing 25 per cent. more. The mark came the speech of Lord Grey had wished to resign, but bad wum rate, however, need not be lin October. The Chancellor

thought that Germany must res- would not prevent the U-boat which can never do any harm to felt that such action on his.part more than 25 per cent ad valorem, pond to the suggestion of a League of Nations, but Helfferich war, but would certainly reduce the trade in these articles, as it will retorted that the end of the war its efficacy by throwing doubts still be the comparatively lightest must come first, and that the into the minds of the nation and duty in the world, but it will military position was so strong decided to stay on and do the best to allow many kinds of raw mot of Germany's Allies. He had enable the Chinese Government that the enemy would probably he could to make the new weapon erials and machinery to be on the listen to definite proposals. The Chancellor took the advice, sent successful. Helfferich agreed to free list, thus encouraging home take the same line, and even industry as well as import trade. messenger to Vienna, and saw. the Kaiser. The latter was per. accepted the task of commending It cannot be overemphasised that the richer. a country becomes, the it to the Reichstag. suaded and a few days later seat

titre it will be able to consume a formal letter to the Chancellor'

De fördiga sporta. I ansed bardly telling him to prepare the neces- FINANCIEE LOSER EYE AT GOLEE that Brited traders have say documents.As the enemy A Paris message states that everything to gam by such ́s had no man of sufficient moral golf ball struck the monocle õhu (measure, as many ardcles which greatness to speak for peace in by Mr. James de Hothschild, son

ybe obtained in the the interests of his own people of the late Baron Elmund de British Empire will pay reduced and of enemy peoples, he himself Rothschild, one of the famous rate, and immense development would undertake the tankene family of financies. Mr. de of British trade will certainly At the secret session of the Rothschild's eye was so severely take place to the benefit of both Beichstag Helfferich was deputed injured that it had to be removed, countries.

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