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Zurich Herald, 1920-11-25, Page 7CANADA MAY MEET ALL WE DEBTS BY DECEMBER Total War Obligations Amount to h2,127,41,S00--To. Pay Them Dominion Must Raise Each Year Over $125,000,000 Besides Interest A despatch from Ottawa says: -1f Canada can avoid further borrowing and set aside sui'fieient funds by way of sinking fund, her war obliga- tions will all bo paid by December 1, 1937. Those obligations total $2,- 127,481,800, of which ;1,970,608,800 is the principal of War and Victory Loans issued in Canada and largely held by Canadians. The balance amounting to $150,873000 represents the principal of Public Service Loans issued in New York To liquidate- this large liability without snagging farther issues, Canada would have to provide, in addition to sums required to carry on the public servieo and to pay interest on all these loans, an average of more than $125,000,000 a year by way of sinking fund. Of course, as maturities were net, the 'annual interest burden would be diminished ane; the task of providing money for sink- ing fund to that extent would become less onerous. Outstanding bonds of domestic and New York issues with their am- ounts, rata of interest and elates of maturity, are aa follows; -- Aug. 1st, 1921 $15,000,000 5% per cent. Oct. 1st, 1921 Dec. 1st, 1922 Nov. 1st, 1923 Nov. lst, 1924 Dec. l.st, 1925 Oct. lst, 1920. Dec. ist, 1927 Aug. 1st, 1929 Oct. lst, 1031 , . • . Oct. lst, 1931 Nov. lst, 1933 Nov. I.st, 1934 Aug. lst, 1935. , Mar. 1st, 1937 Dec. 1st, 1937 25,000,000 194,812,100 1a:1,881,800 100,365,100 43,245,300 25,000,000 65,96.1,450 60,000,000 25,000,000 54,398,700 463,081,250 488,360,100 878,000 92,652,800 252,820,200 5 per cent. 5% per cent. 5% per cent. 5% per cent. 5 per cent. 5 per cent. 51 per cent. 5% per cent. 5 per cent. 5 per cent. 5% per eent. 5% per cent. 5 pet cent. 5 per cent. 5% per cent. PREMIER VENIZELOS RETAINS POWER Elections Shatter Hope of Constantine to Regain Greek Throne. Athens, Nov. 15.—Premier Venize- los announces that his party has ob- tained a majority in the elections throughout Greece. Demetrios Gounaris , former Pre- mier and leader of the Opposition, who was the opponent of Premier Venize- los in theballoting, was the candidate of the elements desiring the return of Constantine. Mr. Venizelos, on the other hand, is unalterably opposed to the return of the fallen monarch. A bitter campaign has been waged by both sides, and no matter which side earries•the 'election, trouble is feared. • Claims of certain victory were made by both the Venivelists and the Roy- alists, With indications that M. Veni- zelos would 'poll ri big majority in the new provinces of Macedonia and Thrace and the island, but that old Greece would witness a fierce struggle. Gotmaris inade preparations for quick flight in case the elections went against him, having requested pass- ports to Italy on Friday last. Exiled during the war on the ,charge of high treason, he was promoted with the ap- proval of M. Venizelos to return to take part in the campaign, but should he fail of election his parliamentary immunity would expire immediately. In ease Premier Venizelos is success- ful, he will be given a free hand in the selection of a now head o:" the State.; Pr,inee Paul, who was offered the throne on the death of the late King; Alexander, not having as yet formally j accepted the Government's invitation to return from Switzerland and rule+ Greece. HUNGER -STRIKE IS CALLED OFF Nine Prisoners in Cork ,Tail Have Fasted 94 Days. A despatch from Cork says:—The nine hunger strikers in the Cork jail have at last taken food after fasting for ninety-four days. Reports from the prison were to the effect that all the prisoners had been given nourishment and all seemed well able to assimilate it and all are expected to recover after their fast. "it will he anxious work,•.but we are quite hopeful of pulling all the men through," says Dr. Pearson. "The first nourishment will consist of infant's food, the white of eggs and beef juice. We are feeling our way with each case and the outlook is distinctly, favorable." Dr. Pearson denied reports. that the prisoners began to take food several clays ago..He declared they had no- thing whatever to eat until Friday. Soma of the strikers at first showed 'reluctance to comply with Mr. Grif- fiths' advice to cease their fast, but all of them finally consented. The cessation of the strike created little surprise here, in 'view of the efforts begun last week by the Bishop or Cork to end it. German Bonds Delivered to Allies for Debt A despatch from London says:— Germany has delivered to the Repara- tions Commission bonds to the am- ount of (30,000,000,000 gold (narks, the value of which is approximately £3,000,000,000 at the present rate of exchange. The delivery of the bonds is in accordance with the requirements of the peace treaty, and the commis- sion proposes to hold then. as security for and in acknowledgement of Ger- many's debt. CO WRANGEL'S ARMY WIPED OUT AND SEBASTOPOLEACATD "White" Forces Unable to H old the Crimea—Flee South- ward Pursued by 27 Di visions of Bolshevists. Paris, Nov, 14,—The army of Gen- eral Wrangel, the anti -Bolshevik lead- er in South Russia, 'has been wiped tut. The White army, thoroughly beaten, is continuing to retreat southward, ac- tording to information received by the French Foreign Office to -day, pursued by a well commanded Bolshevik army of 27 divisions. 'General Wrangel has suffered great losses and ninny of his officers have been killed. The evacuation of Sebastopol by civilians and foreigners is tinder way, according to foreign Office advices. It is reported that the Bolsheviks cap- tured the seaport Saturday night. The Members of General Wrangel's Gov- ernment, however, were still in Se- bastopol Saturday afternoon, although the Bolshevilai were reported to be oc- cupying the suburbs, including Sim- feropol, and capturing nnany prisoners and large quantities of materials, Information reaching the Foreign. Offiee says the Bolsheviks did not Morn. the Perelcap lines, but by an enveloping movement of their lefts 1 .wing invaded the Crimea. They i srreseed over the ice -frozen Putrid Sea i t and attacked the inain body of Gen - mai Wrangel's troops, which then were still holding the Perekop de- fences from the rear. General Wrangel has decided not to attempt guerilla warfare in the Cri- mea, the information acids, owing to the overwhelming Bolshevik forces converging on the peninsula, which are variously estimated at between 150,- 000 and 200,000 men. According to an official Moscow wireless message the commander of the Bolshevik army on the southern front has sent a ,demand to General Wrangel for his immediate surrender, promising amnesty to General Wrang- eI and his troops. General Wrangel has gone aboard one of the French warships in Se- bastopol, but the vessel is still re- maining in port, says the advices. The evacuation is continuing, but there is inadequate shipping for the number of persons seeking to flee. Wrangel's troops are declared to have fought splendidly, in the battle of their defeat, whieli began with the ess of Perekop and soon developed nto a wild retreat toward headgticar- era at Sebastopol. Princess Mary May Visit Canada Next Year.. Officials of the Canadian National Exhibition are endeavoring to ar- range for a visit of the daughter of the King to the annual fair at To- ronto next year, and they are hopeful that their efforts will be successful. LEAGUE ASSEMBLES AT GENEVA British Delegation Numbers One Hundred—Three Rep- resentatives from Canada. Geneva, Nov. 14.—The League of Nations Assembly ' will begin work here supported by the prayers of al Geneva. Special services were hel in all the churches to -day, and were largely attended by the delegations The British delegation numbers on hundred. Canada is represented b Sir George Foster,. Hon. N. W. Rowel and flan. C. J. Doherty. The representatives of Great Bri- tain and her Dominions went to Holy Trinity Church, where George Nicoll Barnes read the fust; part of the ser - .Armenia in Danger of Annihilation A despatch from Paris says:—The Armenian Republic is on the eve of being entirely wiped out of existence through the combined attacks of the Turkish Nationalists and the Soviets. LAKE FREIGHTER IS TOTAL. LOSS Becker Liner Francis J. lar Wrecked in Lake Superior. Sault Ste. Marie. Mich., Nov. 14. --- The Becker Line steel freighter, Franc -is J. Wider, t •hie+h tva4. overdue for 72 hour, and ,„as supposed to have ITALY, JUCO-SLAVIA SIGN PACT Cordial Relations Established Between Two Countries, A despatch from Santa Margl.tier- ita, Italy, shys:•--The treaty between Italy and Jugc.-Slavia was signed Fri- day evening at Rapailo, 'iltr preamble to the treaty reads; been lost with it, CTOW of 3 Wren is „'The kingdoms of Italy and of -the stranded on Pancake Shoal, ten miles Serbs, ( route, and establ ea axe sin- stranded of Whitcf elf B:ty, and Cap- relations; d' •z ons to establish cordial tain Arthur Fort, of Ashtabula, 0., relations between the two countries .in command of the veAssl, has been for their common weal. Italy recog- nizes the sou'.ructions of the neigh - taken aboard the steamer Livingstone, boring state as the realization of one Captain Forbes in a me a:ge ask -of Iter Ingheet aims." ed that an attempt henacre to talcs' The diplomats of both countries ex - of the crew was taken aboard the steamer Livin , :,n±• with Captain Forbes, The Widier i.. a complete d i eerease rs wreck, according to Captain Forbes' Railway Traffic dressage. The steamer Francis 3. Wi:Ilar. A despatch from Toronto says:— owned by W. H. Becker• and Company, Passenger traffic an the leading rail - of Cleveland, is a steel Freighter of ways eorrtinues unusually heavy for 7,600 tone, in corrim and. of Captain this time of the year. The railway Arthur Forbes, of Ashtabela, Ohio, offices in the. principal centres are finding it difficult to cope with the GRAIN L0V ST business offering. Up to the present INFOUR YEARS time it is stated that, so far as can be judged, the recent increases in rates have not affected the volume of business to any extent whatever. Ad- vance bookings for Christmas busi- A despatch from ('l:icagu : ays; ness are also reported to be very I\otivithctancll� g the severity with heavy. These bookings would indi- which grain price; have green s inched cafe that the volume of traffic Eras. during last fortnight, r=ew dutsied Western Canada to England for the were. witnessed on Friday, and quota - lash season this year will estab- tions for all c:erFa' dropped lower lish a new record. In a g eat many titan at any time within the Rise forty cases people have not been back home de - years. The it '..n downturns were since before the war and this notable chiefly by "the fact that they velopment is resulting in a very large came after ri week's decline of more + movement for the coming holiday that 20 cents a bushel in wheat and season. of about 10 cents the week before.Ma Friday's setback in wheat. ranged in3C}ti1 Growth of from 2%, to 5 cents,' with December Pacific Coast Shipbuilding delivery closing at $1.76 to $1,77%. Opinion an 'clrairge was practically A despatch from North Vancouver nanimous that the unfavorable fin- mays:—Figures concerning the de- ucial outlook has had a big share velopment of the shipbuilding indus- n forcing values to shrink to such a try on the North Shore were divulged ow degree. 'Under normal conditions, by Mr. A. Wallace recently. In 1915, rain prices breaks, equal to those 172 men were employed at the Wallace which have been witnessed of late, Shipyards, the payroll at that time vould have induced investment buy- amounting to $88,856; in 1916, 237 g on a large scale. Little or no buss- men were employed and the wage ess of this kind, however, has ap- sheet totalled $164,915; in 1917, 685 arently developed on the present de- men were employed and brought the cline. - wage sheet up to the $720,603 mark; in 1918, 892 men brought the wage ad Lost Husband sheet up to $901,635; the figures for and Sons in War the past year showed that 1,067 men were employed and the payroll am- A despatch from London says:—Of minted to $1,220,882. Repair work I the witnesses that packed White - third amounted to approximately one - all or crowded the Abbey at the me- third of the total output of the local moxial services an Armistice Day, a yard and has considerable to do con - little band of approximately 100 tvo- corning the number of men employed, Chicago Market Shows Big Decline in Cereals. u a 1 g The refusal of all powers to accept n 1 the mandate over Armenia Inas put the in d Armenian problem directly up to the 1r League of Nations, which is admitted-; 9 ' ly powerless to act. ' • e The Matin declares that unless the allies act to save Armenia the Turk- H -treaty- maj be considered as an- other "scrap of paper." Ship Grain From al 1. vice and Lord Robert Cecil the second Ontario to Spain part. The Bishop of 'Worcester, who • came to Geneva expressly for the pur- pose, delivered a sermon on Christ as the originator of the idea of good international fellowship. The principal delegations held confer- ences during the day. The British, with the Dominion representatives, continued talks, begun in London, on the policy to be followed on the floor of the Assembly, and .it is hoped in League circles that these preliminary conferences will diminish the chtunce:s of friction, which it is desired to avoid in this first meeting. The leading delegations will go into A despatch from Fort William says:—Foreshadowing days when the deep water canal will make this an ocean port, two ships for Vigo, Spain, carrying 100,000 bushels of grain each, Antoneo and Joseffa, just built: at Duluth, sailed from here on Thursday on their maiden voyage. men in the Abbey received the most stated Mr. Wallace. The fact that the reverent attention. They had been cost of repairing had increased in the selected for the seats of honor be- Orient and decreased in this province cause each had lost her husband and should have a tendency to increase all her sons. the amount of repairing done in this ;.- province. London's metropolitan policewomen force now numbers about 500. Flew Over Europe on - _ Business Trip A despatch from London says:— A flight of 3,250 -miles for business lis a new record made by an English busi- ness man. He is R. Wright, a Man- chester engineer, who returned here from a tour of Central Europe in a Handley Page flying machine. The return trip was made from Jassy, 215 miles beyond Bucharest, by way of Strasburg. From Strasburg a record nonastop flight was made to Loudon, a distance of 420 miles, in 3 hours and 50 minutes. From Jassy to the hangar at Cricklewood the distance is 1,635 miles. "It was a very successful and en- joyable trip," Mr. Wright said. "I was away a Iittle more than a month and covered 3,250 miles in all," Former King of Bavaria is Dead Weekly Market Report Wholesale Grain. Provisions—Wholesale. i Toronto, Nov. I0.—Man. wheat-_. Smoked meats—Hams, med., 47 to the sessions with a well-defined policy, No. 1 Northern, $2.12%; No. 2 North -160c; heavy, 40 to 42e; cooked, 64 to and .surprises can come only frons the ern. $2.11%; No, 3 Northern, $2.08%; 68c; rolls, 34 to 3iic; cottage rolls, 41 smaller States, whose delegates are N0. 4 wheat, $2.01%. to 43c:; breakfast bacon, 50 to 56e; expected to exercise care not to as- Manitoba oats—No. 2 CW, 65%e; fancy breakfast bacon, 56 to (32c; No. 3 CW, 59%c; extra No. 1 feed, backs, plain, 52 to 54c; boneless, 60 to some the responsibility of provoking a 59%g. No, 1 feed, 50iigci Ng. '? feed, 64x• conflict. 53cs:e I Cured meats—Long clear bacon, 27 Matt barley—No. 3 CW ;fir 1i• Ido to 28c clear bollrr„ 26 to 27c FRANCE HONORS 4 CW, $107• refected 87%ic• feed Lard—Pure tiereea 00 to 301tc• UNKNOWN BRITISHER 1 871, c, r •' , 'J tubs, 30% to 31c; pails, ,30U to 31'!i e; American corn---No..8 yellow, $soot,prints, 32% to 83c. Compound tierces, Ontario oats—No. 2 white, 58 to 60c, Marshal Foch at Boulogne as Ontario wheat—No. 2 Winter, $1.95 Body of Nameless Soldier ' to $2, per car lot; No.2 Spring, $1.90 Goes Home to $1.96; shipping points, according to freights. A despatch from Paris says:---Witlz Peas—No, 2, nominal, no less emotion than when at Verdun Barley—$1 to $1,05, according to oats, baa 90 lbs„ $1.05. Bran, -x0.:'0. the French people chose for the honor! freights outside, t Shorts, $45.25, Hay ---No. 2, per ton, of burial below the Ave de Triomphe! BuckwheRye-Neat- ..hl° 5 2, nominal. nal. Iocarov cot butter, choice Cheese, ess5cor}tso the body, of their own Unknown, they 4, $ g o $ . (, nominal, y, a cording to fres its outside. 56c: eggs., fresh, 65 to 6fic; entrane% saluted at Boulogne that of the Brit-.. Man. ;hour—$1`2.90 tap patenfs;� per bag, car lots, $1,"r5. ish soldier who will rest in Westmin-1$1.2.40 second patents. Live Stool: Markets. stet Abbey. The whole population of Ontario flour --$8.75, bulk, seaboard.' Toronto, Nov. 16.—Choice heavy the lJittle seaside town, which has play- M,illfeed--Car lots, delivered Mont- steers, $12.50 to $13.50; go'd heat' ed so great a part in the history of real freights,. bags included: Brain, per' steers, $1.1.50 to $12; butchers' cattle the war, lined alto streets to see the ten, $38 to $40.25; shorts, per ton, 542; excuse, $11 to $12; do, good, $9 to 810; procession bearing the body* from. the: to $9.5.25; good feed flour, $2.75 to 43.1 do. meal., $7 to ,$8; do, corn,, $5 to $6; Citadel, where it had lain all night, to Country Produce—Wholesale, l burls, choice, $9 to $10.50; do, good, the British vessel Verdun, which was I $8 to $x1; do cont., $5 to $7• butchers' to carry it to England, Cheese—New, •urge, 28 to '39e; cows. Choke, $9 SO to $1.0; do, good, twins, 29 to 30e• triplets, 291/- to $7.25 to $8; do, corn., $5 to $(3; feeders, All the church bells were rung, and 30%c; ok!, large, 33 to 34e; do, twins, best, $10 to $11; do, 900 lbs., $9,50 to ships in the harbor flew their flags at 33�:+ to $4%e, to mast as the ceremony was not one Butter—Fresh i �,1Q, do, 800 lbs., $8. c5 to $9.25; do, 1 re iz dairy, <•lroice, 40 to cont °'1125 to $+15• °unser t of mourning, but of glorification. Marshal Foch paid to the British a great tribute, making the special journey to Boulogne to honor the un- known hero. Standing beside the coffin on the quay just before it was taken aboard -the ship on its last jour - nay back from France, the Marshal made a short speech. To all those. who, from the British Isles, Canada, Australia, Africa, India and the other eottntnies of the Empire, brought to aid France their courage, valor, en- durance and abnegation, he paid a touching tribute. 22 to 20c; tubs, 2294 to 24'44; pails, 23% to 23s,ic; prints, 26 to 27c, Montreal Markets. Montreal, Nov. 16.—Oats, CanadianWest,. No. 2, 86c; do, No. 3, 80e. Flour, Man., best stand. grade, $12 10. Rolled 130c; creamery, 2nd, 55 to 58e; finest, tors,' $3.50 to $4.50; milkers, goodtto 58 to 61c. choice, $100 to $165; do, conn. and Margarine. --35 to 37e. !reed.; KO to $76; lambs, yearlings, $9 Eggs—No. 1, 64 to 66e; sele,'ts, 68 to , 10i do, `Bring, $1j. to $12; ea len, to 70c; new laid., in Cartons, 80 to Sue, I good to choice, $1(3 to $i.'Y; h oo .fea.na -l , . 'atraclian, hand-picked, bus.. to $8; fed and watered, $IFi;25; $4.25 to $4.50; primes, $3 to $3.50; dor weighed off cars, .1(1.66; do, f.o.b., Japans, 9,sc; Limas, Madagascar, $15.25; do, country points, $15, 1,0%e; California Limas, 12%e, Montreal., Nov. 16.—Butcher heif- Maple m''oducts—Syrup, per imp. ors. tom., $4.50 to $7; butcher cows, gal., 58.40 to $3,60; per 5 imp. g.aIs,, m. -d., $5 to $7; canners, $3; cutters :$3.25 to $3,40. Maple sugar, ib., 27 $3.50 to ,$4.50; bologna, bulls: $4.25 to to 80c, $5 50.:,00c1 veal, -$13 to $15; mod., $11 Honey --(10.30.1b. tins, 26 to 27c pet' to $1.".50 grass, $5.50 to $13,50; ewes, lb.; Ontario comb honey, at $7.50 per £•t to $7; lambs, gond, $12 to $12.50; � 15 section ense, 514 -2% -lb, tins, 27 to vein., $8 to $11; logs. off car weights, 280 per lin, selects, $17,25; sows, $13.25. A despatch from Munich says:— Former Icing Ludwig III. of Bavaria is dead at the age of 75 years. King Ludwig III. has been living in the Swiss mountains near the head waters of the Rhine, where an the past two years it has been reported that he was losing his reason, as had the mad Kings of Bavaria before him for nearly a century, King Ludwig was born January 7, 1845, and became ruler of Bavaria on November 5, 1913, in his 68th year. He was forced to abdicate when the German revolution broke out, Army of Occupation Costs $18,000,000 a Year A despatch from London says:—It was stated in the House of Commons recently that the cost of the British army of occupation on the Rhine was £3,600,000 sterling a seat•. The total cost since the armistice u1t1tQ Se tc rl r r 0 this year was £5,0 0,0 s in•L, and the amount received from. Germany for the troops amounted to 346,000,000 marks.