his reply
dated
March
29th.,
Socretary
Hughes expressed
pleasure
at Germany’s
unequivocal
expression
of
its
desire
io
pay
to
tne
limit of
her
ability and
de-
clared
the
United
States
stands
with
the Govt’s. of
the
Allies in holding Ger-
manyv responsible
tor the
war, and
‘here-
fore morally bound
to
make reparations
so far
as
may
be
possibie.
This
Gov-
ercment
“‘the
Hughes
memorandum
said’’. pelieves
inat it recognizes
in
the
memorandum
of
Dr.
Simons
a
sinecere
desire
on
th2
part of the
German
Govi.
to reopen
negotiations,
vrhich,
once
re-
sumed,
may
lead
to a
prompt seitlement
which will
at the same
time« satisfy
the
just
claims
of
the
Allies
and
permit
Germany hopefully
to
renew
iis
produc-
tive activities.
Londnn, April sth—Rioting
broke
out
tonight
in connection
with the
coal strike
in
Cowdenbeath
in
Fifeshire,
Scotland
according
to
a
central
news
despatch
from Dumifiermlime.
The police
attacked
the strikers
with baton.,
but
the strikers
hoisted
the red flag and
besieged
the
po-
liece
station.
{'he situation
1s
assuming
a critical aspect,
the
despatch
says
the
trouble
arose
when
the strikers captured
the under manager
of
the
mine
who
re-
fused
to cease
manning
the pumps.
The
police responded
to a eali for aid and
res-
cued
them,
but
the
police were surround-
ed
oy the
miners,
whose
forces
had
by
this time Increased
to thousands.
London, April
sth.-—For
some
hLours
this morning
ihe
hundred
delegates
of
the
National
transport
federation,
as-
sembled
here
(o
consider
the
attitude
of
the
organizacion
toward
the
strike
of
the
Briush
miners,
debaied
the
strike question
without
reaching
a decis-
sion.
['he
conferees
adjourned
shortly
after
noon,until 10-30
a
m
Wednesday.
London April sth. —Sugar
in Stock
on-
the 2nd,
instant
was
14,000
tons.
Lasc
year 54,000
tons.
Budapest,
April dth.—=Former
mmper-
or Charles
left Sterthamanger
on his
wayv
to
Hungary
at
10.35
o’clock this
morn-
ing, according
to word
receired
here
late
this afternoon.
Paris,
April sth.—The
reply
of
the
United States
to Germany
on the
repara-
tion
question
has
given
the
greatest
satisfaction
to
French
official
circles,
where
it is
regaaded
as
finally closing
the
door
to all escape
by
Germany
from
loyally
meeting her
liabilities under
the
Treaty of Versailles.
Brownsville,
Texas,
April 4th.
Five
Mexicans
oi the Cardenas
Brothers
""len
Man
Revolution’”’ were
captured
by
Ru-
rales
on Saturday
vight
ne.r Sanferman-
do, south of Matamores,
court
martialled
and
executed
at
4
o’clock
on
Sunday
morning.
Official
apnouncement
of
the
execution
was made
in Matamores
roday.
The
entire
band of revolutionists
now is
practicaliy
wiped out,
the
announcement
said.
General
Cardenas,
one of the broth-
ers,
was
captured
and
executed
last
week.
8
1.
GChuyu
L
2BN ab
Constantinople,
April 6th-
-T'ne
securi-
ty of the Aliies occupying Constantinople
1S beiicved
by some
to be
threateuned
un-
less
the
Gree~ks
are able
to
hold
firmly
the Turkish Nationalists.
The
Allies are
considering
the
employment
of
their
fleets
to protect
Mudania
and
Ismid.
Constantinople,
April sth,—The
Greeks
are
evacuating
Afium-Karahissar,
the
important
junetion point of the
Bagdad
railway, whieh their
southern
army
cap-
tured
in the recent
offensive.
it
was
an-
nounced
here
today.
The
Greeks
in
this section
are retiring
to their
o d posi-
tion.
New
York,
April
sth.—The
United
States
bids fair
to win
the English
coal
export
(rade
if
the
present
strike
:n
Great
Britain
lasts
any
length
of
time, says
a
statement
issued
here
to-
night by the
wholesale
cral
trade
asso-
ciation.
Foreign
buyers
have been
dis-
pieased
by the recurring
troubles
in
the
Britisli
coal
mines,
and
the
subsequent
interrupted
shipments
ot contracts,
reads
the
statement.
United
Spates
exporters
are
very
anxious
to
secure
this
busi-
ness.
London, April 6th.—-1t
was learned
th's
morning
that
large
coal
orders
baave
been
placed
in Canada
as
a
result
«f the
the strike situation.
Announcement
was
also
made
that
Germany
is
offering
steam
coal
‘from
the
Ruhr
district
at
54/- per
ton cif Liverpool.
London,
April 6th.—Disorder
wh ch
began
yesterday
in
the
coal-mining
town™
of
Cowdenbeath
in
Fifeshire,
Scotland,
became
more
serious
at mid-
night, and
in
a
series
of
melees
with the
police
a number
of strikers
were igjured,
says a Cepniral
News despaten
from
Dun-
fermline.
I'he message
says
that
sever-
al policemen
were
wounded.
The rioters
repeatedly
brokc through
the
police
eor-
don and
succeeded
in
cutting
eleetric
light wires, throwing
the town into dark
ness
tolice
reinforcements
are
being
-rushed
to the
scene.
:
Lanark,
April 6th,—DisOrders
were
re-
ported from
many dlstrictsin Lanarkshire
this
morning
at
several
mines,
sirik-
ing miuers
have inteifered
with
pun.pe
ing operations.
Several
arrests
are
said
to have been
made.
Cardiff, April 6th.—Welsh
miners
are
reported
to
be
developing
an
angry
mood
and threatening
officials and
work-
ers
at
collieries,
who
remained
ati
the
mines
to
conduct
pumping
operations.
Fear
is
expressed
ihat
-several
mines
already
are
in
such
a
condiiion
that
it
will
take
fromh
6
to
12
months
to
put them
into
working
order.
In
some
cases
companies
are
declared
Lo be
con-
sidering
the
possibility
o#
abandoning
entirely
old
collieries,
which
are
more
or less
exhausted
and
hardly werth
the
cost of rehabilitation.
'
NEW YORK, April 6th
1921.
Flour, Blenczd Ciears St. Lawrence
l-rand
:
pr,
brl
3R.25,
Meal, Kilndried per
100 ibs $2.10
New
Season’s
Pork
per brl. $37.00
Heavy Mess Pork
per bbl. $27.00
Sugar---Crystals
maximum
per
100
ibs.
:
$6.27
.
Molasses
Sugar
89°
test,
no quotation.
Cotton,
Middling Upiand,
at
Liverpool
per
lb.
6 91-100 d.
tixchange,
New
York
and
@.ondon,
60
days’
sight $3.88
iixehange New
York
and
London,
sight
$3.91%
LONDON,.
April oth
15921,
Sugar, Demerata
Crystals,
per cwt.
595.
—6ss.
**
Muscavado
per cwt.
455.
-525.
German
Beet 88°¢ f.o.b.
no
sales
White
Java
sugar
cif United
Kingdom
395.
6d.
Demerara
Rum,
per gal. nominal.
Trinidad
Cocoa,
Good Middling Red
no-
minal per
ewt
565.
60s.
nominal.
Cotto.
good
Medium
West
Indian
Sea
Island per Ib. 28d.
nominal.
!
Bank
of
England
rate
of Discount
per
cent.
7.
5
Censols
484,
Three
per cent
rents
in Paris
Fes.
58.90
SEA ISLAND COTTON
MARKET
The
following infcrmation,
as
well
as
that
received
by
the
Imperial
Com-
missioner
of
Agriculture
from
other
sources,
points
clearly
to
the
fact
that
the
West
Indian
cotten
growers
willg
have
1o face
a
depressed
Sea Island
cot-
ton marke
for at
least
the next year
or
two.
Itis
recommended
that
growers
during
the
present
planting
season,
should
bear
t'is
carefully
in mind,
and
reduce
the
area
planted
last
year.
With
a
bO-per
cent
reduction
there
would
still
be
enough
cotton
to
meet
next
year’s
demand.
Other
crops
should
be
substituted
mainly
food
erops.
More
will be written
on
this in
the
next
issue
of
the
Agricultural
News.
Below
is
Messrs.
Wolstenholm
&
Holland’s
Re
port
from Livernool--
Unless
here
is
a
¢omsiderable
change
in the situation.
we are afraid
that
shivp-
pers
of Sea
Island
cotion
iv
this
market
will not_be
able
o
dispose
of
the
same
for a
very co.siderable
period.
\ll spinnersof Sea
Island
eotton
are
carrying
large
siocks;
the
majorny
no
doubt
have
twelve
morihs’
supliy
or
more.
They wili naturally oniy purciase
more
at
10W prices,
as
compared
with
those
which
have
been
rufing,
upon
whiech
no doubt.
thoy
ave sufferi
v
hea
vy losses.
Some
of the larger
oncs
doibiivss
wish
to keep
the cul ivatior
.going,
bui
there
is a
limnit
in earryinz
¢o
ton in
face
of
a
continually falitnz market.
At present
we see
no sizoas
of improve-
ment in (rade,
2nd
goo
s made
from
Sea
Isiand
cotton
being
used
{or luxury
pur-
pose,
will probably
be
the last
to feel any
advance,
in viea of ‘the
general
poverty
of nations
—Agricuttural News.