The San Antonio Light (San Antonio, Tex.), Vol. 41, No. 98, Ed. 1 Wednesday, April 27, 1921 Page: 6 of 20
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CHIU STARTS
■ REFORMS IN
' INETSTSTENI
Aims of U.S. Bankers in
Consortium Are Ex-
plained.
♦PLAN TO BUILD MINT
Seeks Financial Standard
Which Will Insure Sale
of Bonds.
B. WILLIAM H. c.n.r«
♦pedal Corr»spond«ne. Is Th. San Antonio
Hast on I The Chicago Dally News
Peking Chin*. March 2t^-4.XiiM took
ha first step toward currency reform
th* other day when the minuter of
finance signed an agreement with the
so-called Chinese banking group for a
loan of $2500000 for the erection and
establishment of a mint at Shanghai.
At thia mint it is proposed to coin uni-
form silver dollar*. The object be-
hind the project is to abolish the toel
■KA cents) and substitute therefore
the dollar as the standard currency unit
of thia country.
The loan agreement is significant as
it evidences the willingness of Chinese
banking interests to support projects
of real benefit to the country if guar-
antee are obtainable that the proceeds
of loans for which they assume respon-
sibility will really be used for the pur-
poses specified.
American Bankers’ Aim* ia China.
The aims of the American banking
group forming part of the international
banking consortium organised to gire
financial aid to China should China
require assistance for reconstruction
purposes bare been *’t forth by Fred-
erick W. Stevens representative of the
American bankers. Discussing the
terms and conditions upon which the
Amerioans will consider participation
in the consortium’s proposed loan* to
China. Mr. Steven* declared that a
few facts and banking principles would
govern
"One fact is" be said “flat the
American bankers do not need to come
to Chin* to find opportunities to buy
good securities and they are not now
and never hare been urging a loan upon
China on any term*. They are seeking
neither big Concession* nor big profits.
They are represented in China now and
the consortium plan ia being presented
because the American government with
the most friendly motive* toward China
requested the bankers to be so repre-
sraMl with a view to joining the other
foreign banking groups in the consor-
tium in giving the Chinese government
an opportunity when political and
other condition* warrant to borrow
UNDERWOOD
Financial Commercial Educational and Literary Fields
More UNDERWOODS —
Better Business
UNDERWOOD Typ>ewriter Company'
makes and sells more typewriters
than any other company in the world.
WEDNESDAY.
I money ia large amounts for roostruc-
| five purposes on terms thst will be
reasonable from China's standpoint and
I that will make the Chinese government
hoods salable ia the American invest-
ment market.
My aim is tn cominiT the people
of China that the American hr .ker*
are not trying to put through any bad
scheme that they bare only friendly
motives and that it it should turn out
that China does not desire American
financial help in building important
railways or great highways for ex-
ample. e*|>ecially if she can find ways
to build them with Chinese money it
will be quite satisfactory to tbc Ameri-
can bank-rs.”
How Money Must Be Spent.
Mr. Steven* then touched upon the
question of what is necessary to make
Chinese government long-tecm bonds sal-
able in American market*.
"Many political and business consider-
ations enter into the answer.” he said.
"The money loaned must be actually
spent and wisely spent in wsys to beue-
| fit . the Chinese people at large. Xt
. must produce something of value like
a railroad or a highway. The railroad
must be located where it is likely to
rsrn more than it costs to operate it.
The money must not be spent on un-
wise plans and specifications. The
railroad or whatever is produced must
be built at as low a cost as good man-
agement of the construction will allow.
While the railroad or the highway when
built will be the property of the Chin-
ese government all these matters will
concern the lenders as well a* the
Chinese people. Anything that is good
for them is good for the banker* for it
helps to make the bond* salable to in-
vestors. Anything that i» bad for the
Chinese people is bad for the bankers
because it makes the bonds harder to
sell.”
Mr. Stevens reiterated that the land
tax in China was never considered by
the. consortium bankers as security for
loan* to China. This report w spread
b: the militarists who oppose any loan
to China from.the ccnsortium. because
Mr. Stevens has flatly announced that
no money will be forthcoming for ad-
ministrative or military expenditures
and that what money is loaned must go
for purely reconstructive purpose*. The
land tax report created quite a furor in
the interior where the peasantry hotly
resented the idea of paying taxes to
foreigners instead of to their local mag-
istrates.
DEPAttTMKNI OF
INgURANC® ANH HANKING
STATE OF TEXAS.
No. 111. Auallu. Tex.. Mareß 30 1121.
To All '.Vnom It May lone.rn:
This U to csrtlri that the SprUttlell
giro and Martos Insurance Company
Springfield XlaaaaehusstU. ha* In all rs-
* ports full* complied with the laws ot
Texas as conditions precedent to It* doing
businsaa in thia State and I have Issued
to said Company a Csrtltl'jate of Author-
ity from thia otflee aatltUnr It to do
tualneaa <n thia State tor the year endins
the 2ith nt February. 1133.
Given under my hand and aval of of-
fice at Austin. Texas the date llrvt aboxe
written.
IP H AI4- r e.mm'.aolonsr.
Meyer A Burttaeholl. Agema. San An-
tonio Texan.
1 •
Wut Philippine Independence. 1
Manila. April Tt. — The national com-
mittee of the Natiioalirt party today
adopted resolution* reaffirming its at-
titude in favor of immediate independ-
ence for the Philippines and instruct-
ing its executive officers to prepare a
memorial to be submitted to the Wood-
Forbes mission asking that the pend-
ing Independence problem be immediate-
ly solved.
Russian Refugees
GRATEFUL TO SAILORS
OF 'AMERICAN FLEET
Gobs Bought Clothes and
Furnished Food for 11
Ragusa. Dalmatia April 27.—The
generosity shown by the officers and
men of the American warships in the
Adriatic commanded by Rear Admiral
Andrews will never be forgotten by more
than 20000 of the Russian refugees
from the Crimea who infected with
typhus fled from the Bolshevists and
found refuge here on the Dalmatian
coast.
The American sailors' tenderness in
keeping the children clothed snd fed
and the outpouring of pocket books and
storea on the ahips for relief ia the chief
topic ot conversation in the Russian
colony and the refugeea remaining in
this district.
"They have saved u«. They are the
brightest remembrances of our unhappy
existence" ia the most common senti-
ment expressed about here.
The bluejackets of the flagship Olym-
pia. and the destroyera Alden. Brooks.
Reuben. James and the Sturtevant have
fed 5000 persona daily and have even
taken clothing from their own backs to
give to the refugees.
When the refugees landed at Cattaro
bay and other places and it was found
that no preparation had been made for
their arrival the Bailors worked hard
to make dwelling places for them. They
cleaned the old barracks and hangar*
and sometimea made up gangs of Rus-
sians who assisted in the general clean-
ing up.
Upon an outbreak of typhus later the
sailors brought into use improvised dis-
infecting plants steaming apparatus and
baths snd eliminated the dirt and ver-
min which the Russians had accum-
ulated in their clothing through the
winter.
With real American generosity Ad-
mira; Andrews’ men. when they saw
the destitute children hungry and ill-
clad mother* would take them to the
local stores and. from their own pock-
ets. outfit them from bead to foot.
The Russian women showed the most'
grateful spprecistion of the sailors'
work although they were powerless to
repay them. Captain Wyman of the
Olympia received a long note from the
Russian women extolling the sailors'
generosity declaring that the American
boys had brought hope to the hopeless
women and children who had been driv-
en out of their country.
Col. W. It. Jackson the head of the
American Red Cross mission here told
the Associated Pres* that the I’nited
State* navy did fine work in nipping the
। pidemic of typhus in th* bud.
MENONITES TO MEXICO
Negotiation* Being Made to Settle
Colonie* In .Coahuila and Durango.
Torreon. Coahuila. Mn.. April 27. —
If satisfactory arrangement* can be
made and suitable lands acquired in
Mexico seme four hundred thouaa-.d
Menonitev will eventually emigrate to
PRODUCTS LEAD
UNDERWOOD
STANDARD
—- TYPEWRITER
Speed-Accuracy—Durability-Service
Destitute.
- THE SAN ANTONIO LIGHT.
this country from Canada and tbs
United States.
This sect bitterly oppose* war of any
kind and they arc religiously oppowd
to taking any part uhatcwr in >UMd
battle*. They pose a* a am ple On '•
fearing industrious people who desire
to till the soil and follow ether peace-
. able puraults of hrnith wealth aul
happiness nud be free to won hip thor
Grid occrirding to the dictates of their
concience.
Agent* are said .to br inspecting
lands in the states ot < ouhuila and
I Durango and repmertat.vces have
been sent to Mexico City to conie:
with government official; and investi-
gate conditions in this republic.
Beautiful Roselawn Cemetery not a
graveyard a beautiful well-kept burial
park. Crockett KW.—(Advi
Charter* Granted.
Austin. Tex.. Anrll 27. — Chartered:
Bonham Baaball Association Bon-
ham; capital atock. $2400. Incorpora-
tors : Ben Hnlsell E. H. Pritchett R.
T. Lipscomb.
Mystic Guard of America Houston;
uo capital stock. Incorporator*: G.
B. Campbel) H. P. White M. M
Priaee.
Mexican Workingmens' ’ Association
Texas City; no capital stock. Ineor-
porators: Benjamin Garcia M. N.
Fowler. Joseph Garcia.
Eclipse Manufacturing Company.
Dallas; capital atock. $25000. In-
corporators : V. P. Dupiea J. C. Rit-
ter W. W. Slaughter.
Elderly People Need This
In Medicine Chest
To relievo chronic constipation always
keep a bottle of Dr. CaldweU’a
Syrup Pepsin handy.
^EARLY all people as they advance
AT in age suffer from chronic constipa-
tion. Many however are indifferent to
the laxative they use on the theory that
"they are all alike.” That is a great
mistake.
Dr. Caldwell’s Syrup Pepsin for ex-
ample is a mild gentle liquid laxative
ana it does not lose its effect with re-
peated use. It so trains the bowel
muscles that in time medicines of all
kinds can be dispensed with.
A sixty-cent bottle of Dr. Caldwell's
Svrup Pepsin will last many months.
The prescription was written thirty
years ago by Dr. W. B. Caldwell a well-
known family doctor who is himself
now in his 82nd year and can ap-
preciate what chronic constipation
must mean to elderly people; how it
bring* on headaches colds loss of ap-
petite and sleep heaviness and a
general dull feeling.
Every home that has an elderly man
or woman should be provided with a*
bottle of Dr. Caldwell's Syrup Pepsin.
Eight million bottles were bought at
drug stores last year. It is a truly
wonderful constipation remedy.
< UNDERWOOD -X
BOOKKEEPING
MACHINE M
San Antonio Branch
226 Avenue C.
Telephones:
Crockett 4263 4264
BOY LIKE KIPLING’S
“MOWGLI” IS FOUND
IN INDIA STORY SAYS
Child Stolen by Mother
Leopard Who Lost
Cubs.
l/indon. April 37. — A wild boy re-
sembling in some re»(>c<-t« Kipling'*
• liaraeter. "Mowgli." vho w*- suckled
by a »he-wolf and grew up to be leader
of the park ha* been found in a remote
mx- tion of India aevording to a story
told in the Time*. In thin ease how-
ever. the boy i* reputed to have been
kidnaped by a leopard. He ha* been
recaptured and hi* father in how keep-
ing a sharp eye on him to w* that hr
doe* not run away to the wood*.
The Time* credit* the tale to Stcu -
art Raker who was reeeatlv in the un
developed country round the t’aehar
hill* on the northeast frontier of India
where he was in charge of road-mending
It is customary in that region for the
villager* to mend road* instead of pay-
ing taxes. Mr. Raker a«ked a vil-
lager why he did not do hi* share of
road-mending.
The man replied that he was sfmid
to' leave hia village. Ilia wife havin';
dfrd a short time previously he hnd
no one to take care of hi* little "wild
*on" who. In his absence might run
TRY IT FREE
Send me yonr name and ad-
dress and I uill lend you a free
trial bottle of my Syrup Pepun.
Addreu me Dr. W. B. Cold-
.well 513 Washington Street
MonuceUo Illinois. Every-
body now and then needs a
laxative and it is u ell to know
the best. Write me today.
UNDERWOOD
FAN-F
1 BILLING
MACHINE^
into the jungle and get lout Mr. Baker
•mid the villager a visit and found with
him a child about 7 year* nf age with
hirumcraMe white earn of tiny cuta
and wrratrhoK aH over ita body.
The rliild'a father told him that ffv*
vrara before. th*» MUagota ef Caehnr
hid killed two I'N'ngrd »ab*. The moth
er leopard hnd prowl’d nbout the jnn*
tie bor«lrring on the vlllnge. a few
daya later the mother of the child left
it lying nn a cloth while ah* went awgy
In her ahorocr the
’ropard carried the child off. The vib
•agera aeurchod for it but could find no
tract of It
' Some three year* later a aportamsn
Affection^
drows Ke
with 4^
years $ ?
IK \ i
> -F. c 1.1.
FmAXWELL HOUSE
■ COFFEE
’ Also Maxwell House Tea
pure'S^ CfIEEK-HEALCOFFEE CO.taiu^
killed n leopard in the jungle. He to'd
the villeger* that the leopard hud two
< üb*. They searched the junels and
found the two cubs and with them th#
missing child.
It run on all four* quite fart didged
snd hid in huHhc* with greet ngility und
skill and bit and fought with everyont
who tried to lay hold of It. It tore to
pieces aid ate with extraordinary
qulcknasi any village fowl that come its
way.
Recover Stolen Good*.
C leveland. Ohio Anril 27. — Mer-
chandise valued at S.'M)O<IO said to have
been stolen from one of Cleveland's
Adopt New Methods
Have your Departments investigate
UNDERWOOD PRODUCTS. Write
or telephone to any Underwood office.
APRIL 27 1921.
largest department stores was recovered
early today during a raid on the home
of a night watchman employed at the
store.
Comfort Baby’s Skin
With Cuticura Soap
And Fragrant Talcum
Far a faarlnatfpjr tra«r«s»<!e
A Jdrrva CaUaara ÜberßtoriM.bat* X1iC.!40; I_.
Underwood Produels:
Lnderwood Standard Typewriter
Underwood Bookkrcping Machine
Undemxood Standard Portable Typewriter
* Underwood Fan Fold Billing Machine
Underwood Condensed Biller
Underwood Check Writing Machine
Underwood Waybilling Machine
Underwood Railroad Expcnae—Freight Biller
Underwood Card Writing Machine 4
Underwood luibel Roll Machine
\ Underwood Unit Bill and Order Machine
/ Underwood Looae I^af Record Writer
Underwood Insurance Policy Writer •
Underwood Retail Bill & Change Machine
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Diehl, Charles S. & Beach, Harrison L. The San Antonio Light (San Antonio, Tex.), Vol. 41, No. 98, Ed. 1 Wednesday, April 27, 1921, newspaper, April 27, 1921; San Antonio, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1617197/m1/6/: accessed July 12, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; .