76TH YEAR.
CHRISTIANSTED.
V.l U.S.
A.,
MONDAY
9tH
MAY
1921.
sued
in November.
The
balance
4,250,
[
000,000
pounds
will
be
issued
in
ac-
|
cordance
with
Germany’s
capacity
to
pay.
That
capacity
will
be
guarded
by
the
product of
25% on
exports.
Be-
sides
the 5%
interest
on
the
bonds,
an
additional 1%
47ill be
imposed
on them
to form
a sinkiny; fund.
The amount
re-
quired
for
service
bonds,
will
be
thus
2,500,000,000
pounds.
Should the 100,000,
000 pounds
annuity and 26%
on Germ
n
exports,
amount
to
more
than
£250,000,
000 required for
interest
on
the
service
bonds
to be
issged
immediately
and
in
November
a
sufficient
amount
of
the
required
bonds
held
in
reserve
will
be
automatically issued
in
order
to
absorb
the
balance.
There
will 2lso
be
an
ad-
dition of 1% on
German
exports
for the
purpose
f providinga
fund to
pay
the
interest,
and
any
bonds paid
off will con-
tinue for the
sinking fund.
It is
calcu-
lated
that
the
bonds
will
be
renewed
within seven
years
from
date
of
issue.
In no case,
according
to the secheme,
will
Germany
be payiag
more
than
5% inter-
ast
and 1% sinking fund
on
the total debt
of £675,000,000,000
These amounts
are
to
be charged
on (zermany
customs,
or
any
|
other
revenue
that the repacations
Com-
|
mission
is prepared
to
accept.
The
re-
1
parations
Commission
will
receive
the
|
bonds
and
opportion
them
among
the
Allies,
in
accordance
with the Brussels
|
agreement.
Each
power
will
dispose
of
}
them
or
hold
them as it pleases.
The
Allied Supreme
Council decided
today
to
invite the United
States
to send
a repre-
I
sentative
as
a
member
of the Supreme
|
Council,
and
also
te
be
represented
on
|
the
reparations
Commission
and
the
|
Council
of
Ambassadors.
|
Washington,
May
3rd.—The
Senate
|
today
passed
the
Emergency
immigra-
|
tion bili fixing admission
of Aliens
to 3%
|
of each
Nationality
resident
in the Uni
|
ted
Scates
in
1920.
The
bill is eflective
|
for
fourteen
months,
beginning fifteen
|
days after enactment.
;
3
Soutnamnton,
May
4tan. —A orediction
|
that
the
Coal
miners
strike
would
be
over
in
a
week,
was
made
.ere
today
|
by
Mr.
J.
H.
Thomas,
General
Seety.
!
of
the
National
Union
Railwaymen.
Mr.
Thomas
was
a-
passenger
.on
the
Steamer
Olympic sailing for
New
York.
|
He is making
the trip ior
the benefit
of
|
his health.
‘
LLondon,
May
4th.—An
appeal
to the
whole
Labour
Movement
to support
the
|
miners
was
issued
last night by the joint
|
committee
of the Parliamentary
Commit-
|
tee of the
Traders
{lnion Congress
Inp
!
THE ST. CROIX AVIS
l
18 printed and
published
daily (Sundays
|
and Holidays excepted)
by G. Johansen
at
the Avis Office.
TERMS---50
cents
monthly in advance.
2
cents
per
single copy.
fntered
as
second-class
matter
May
|
26th
1917 at
the Post
Office at Christian
sted,
St. Croix,
V. L of the U. S. A.,
un-
der the Act of March
3. 1879.
Contribution
to this paper
will be glad-
lg received
when the same
deals
wih mat-
ters of general interest,
and is
accompa-
nied with the
author’s
name,
as
a quar-
|
antee
of good faith.
The editor caunot
be
|
responsible for the views ofhis correspon-
|
dents
nor does he necessarily
endorse
them.
\
TELEGRAMS.
|
ST. CROIX STATION.
1
London
May 4th.—A
new German
of-
|
fer
to
the
Ailies
was
telegraphed
on
{
Tuesday
from
Berlin
tn
the
German
|
Ambassador
at
Paris
for communication
|
to the reparations
comm.ission,
according
‘
to a statement
aseribed
by the
""Times’”’|
to a good authority.
The
terms
of
the
|
offer are
not known,
but
the
‘‘Times’’
|
~says
it is believed they are approximate
to
acceptance
of the Allies’ decisions
at Par-
|
is on January
29th.
It is
presumed
the
|
offer will be
forwarded
to
London
and
placed
before
the
Supreme
Council
on
‘
Wednesday.
:
London,
May
3rd.-The
Supreme
|
Council
reached
a
complete
agreewient |
this afterncon
on
the
substance
of the
altimatum
to
be
sent
to
Germany
by
|
the
reparations
Commission
not
later
than
May
6th.
The
ultimatum
expires
six days later.
The
diafting committee
is
busy
tonight
completing
the
docu-
ment,
which
will
be
finally passed
at
another
meeting
of
the
“ouncil tomor-
|
row, and
then
handed
to
the reparation
Commission
which
had
been
called from
|
Paris,
and
which
will forward
the last
|
word
of the
Allies
to
the
Berlin
Cabi-
|
net
in
accordance
with
the
Treaty
of
|
Versailles.
The
total
sum
which
Ger-
|
many
will
be
called
upon
to
pay,
has
|
been
Incieased
to
£6,7sooooooo:sterling
|
by the inclusion
>f the
sum due Belgium
|
or
account
of
her
debts
to
the
Allies
|
under
the bonding
scheme
to guarantee
|
the
payment
of
£100,000,000
anpually
|
plus 2569, tax on
(German
exports.
£6OO, |
000,0C0
.in
bonds
will
be
issued
when
|
the ultimatum .expires
¢r
Germany
ac-
cepts
the
terms.
Bonds
to
the
amount
of
1,900,000,000
pounds
will
be
is-
No.
109.
the
course
of
the
appeal,
it it is stated
that
the
‘‘Mineowners
and
the
Govt.
have declared
war upon
the miners.
Its
weapon
is
starvation.
Its first
vietims
are
women
and
children.
It
is
to
be
a war
of starvation.
They
count
upon
hunger forcing the Miners
back
to work
in a fortnight,
on
terms
which
Sir
Ro-
bert Horne tried
to
dictate
to them
last
week.
They
calculated
that
by
these
methods
the spirit of
the
men
and
the
unity of the
Federation
will by
then
he
broken.
Organized
Labour
must
de
feat such
strategy.
It must
defend its
own tutures
by rallying
to
the
Miners
Now.”’
Liverpool, May 4th.—ln
the
Liverpool
and Birkenhead
docks
there
are
today
1156
vessels,
aggregating
282,294
tons
lying idle,
their
idleness
due
almosi
wholly
to
the
coal
minrrs
strike,
and
the consequent
impossibility
of
obtaip
ing
coal
for their
bunkers.
The
quay
presents
a
silent
depressed
spectack:
alongside
the docks,
in which
a few pas
senger
liners and many large
coal
steam-
ers and tramp
steamers
are
moored
so:
lack of coal.
Washington,
May 4th.—7 The possibility
that association
of the
United
States
in
the
reparations
settlement
with
Ger-.
mary
has
not
ended
with
the despatcl:
of
Monday
night’s
communication,
re.
turning
the
counter
proposals
to
Ber
lin was
seen
today
in
the
invitation
o
the allied supreme
council
to
have
Uni
ted
States
representatives
among
it:
members
as
well
as
on
the
reparation:
Commission
and
“ouncil
of
Ambassa-
dors.
I.ondon,
May
4th.—A
telephone
mes-
sage
received
from
Paris
gives
a Berli
despatch
saying,
that
in view
of the
sit-
vation
that
arose
in
consequence
of the
reply of Mr.
Hughes,
the United
States
Secretary
of State,
to Germany’s
counte:
proposals
on
reparatiors,
the
German
Govt, unanimously
decided
to
resign.
Chancellor
Fehrenbach
informed
Pres
dent
Ebert
of
the
C(abinets
decisior.
whereupon
the
President
requested
tfe
ministry
to continue
to deal with current
affairs, which it consented
to do.
One
Victrola
with Records,
IN PERFECT
CONDITION.
Apply to
;
ERIK R. STAKEMANN.