S
LUL
A vle
:
-_s
Easter
Greetings
NEW COLUMBIA RECORDS
FOR THE
Easter
Season
'
Special reduction i.n %)ri.ce‘ of. 26%
on all Records.
.
AT
JOHN
ALEXANDER,
"
COLUMBIA DISTRIBUTORS.
THE
price for
canes
delivered_durin.g
the
week
ending
the
19th
inst.
18
33.65
cents
per hundred
pounds
of cane.
AKTIESELSKABET
ST. CROIX SUKKERFABRIK.
March 21st
1921.
Christiansted
Theatre
®
day Night.
Commencing
Monday
Night
28th inst.
THE GRAND SERIAL
The Lion Man.
TELEGRAMS.
ST. CROIX STATION.
London,
March
18th.—Following
is
the result of the Grand
National
Steeple
chase.
Shaun
Spadah
Ist.
Bore
2nd.
All White
3rd.
Paris,
March
16th
—The
Allied
Gov-
el nme?it
in its note
to (ermany
demand-
ing fullilment of article
235 of the Peace
Treaty
notified
the
German
Govt. that
it wust pay
one
billion gold marks
before
March
23rd it
was
learned
today.
The
money
must
be deposited
in the bank
of
France,the
bank of England or the Feder-
al reserve
bank in the United States.
Ger
many
was told it
must complete
the pay-
ment
of
twenty
billion
gold
Marks
by
May
first.
The
commission
gave
Ger-
many
until
April first
to submita pro-
posal
to pay
the
balance
of twenty bil-
lion marks,
otherwise
than
cash.
Ger-
many
may
submit
a plan for a foreign
loan
by
April.
The
proceeds
of
this
shall be payable
to the commission.
The
commission
.announced
that
Germany
had virtually refused
to pay
the balance,
asserting
that
the
20 billion marks
had
been
fully
paid.
The
commission
in
making
its
announcement,
recited
the
the history of the negotiations
for
fulfii-
ment
by
Germany
of article
35.
It said
the
commission
reminded
Germany
of
her
obligation
on
March
19 and
on June
15 the
commission
insisted
on
knowing
what
liguid assets
the
German
Govt.
coukd
offer
in payment
of the
20 biliion
gold
marks.
Germany
replying
under
date of June
23rd,
announced
she
would
farward
later
a demand
that all deliver-
ies
of goods
made
by
her
be
credited
against
the
20 billion,
and the
commis-
sion
replied
to
it on February
26th
noti-
fying
Germany
that
the
credit
against
the
account
could
hardly reach
8 tiilion
marks
by
May
Ist.
Furthermore
the
commission
asked
Germany
to
suggest
how
she
expected
to pay
the balance
of
tweive billion marks
due.
Germany
in
a
letter of March 14th,
the
announcement
stated,
virtually
refused
this
demand,
declaring she ccnsidered
she
had fulfilled
her
obligation
under
article
235
under
those
conditions
the
announcement
con-
tinued,
the
commission
notified the
Ger-
man
Govt.,
first,
to
pay
between
now
and
May Ist 1921
the
balance
of twenty
billion
gold
marks,
and second,
to make
before
May 23rd.
1921
a first
payment
of
a billion
gold
marks
to apply on the
12
billions
remaining
due.
Before
fixing
the date
or methods
of further amounts,
the
commission
will consent
to consider
any proposals
submitted
before
April Ist
1921
by the German
Govt. for
substitut-
ing merchandise
deliveries
or the
trans-
ference
of
German
or foreign securities
instead
of
payments
in
gold or foreign
exchange.
The
Govt.
of
Germany
has
been authorized
to
submit
to
the
com-
mission
proposals
for
the
issuance
of a
foreign
loan
whose
proceeds
shall
be
paid
to the commission,
sometime
ago
the
commission
announced
that
the
allied
claims for reparations
had be:n forward-
ed
to Berlin.
'T'ne
exacc
total of
those
claims
has
not been
announced
but in usu-
ally
weil
informed ciréles
it is said they
- probably amount
to approximately 250 000
000,000
marks
or roughly
two
and
a
haif times
the figures fixed for
iadeini-
ties
by the
Pafis
Conference.
Comput-
ing of the
total
reparations
was difficuit
chiefly because
of the
widely fluctuating
rates,
as
well
as
the
v
st task of check-
ing of
claims
and
compuiing
prewar
values
and
transforming
them
into
to-
day’s figures
on
falling marks.
Washington,
Marceh
16th. -The
inclu-
sion by
the
Aliied reparations
commis-
sion
of
the
United
Stares
Federal
re-
serve
banks
as
a
optional depository
for
Germany
indemnity
payments
brought
from Treasury
officials tonight the
state
ment
that the
zomm ssion
possibly nad
two
purposes
in
view.
First
to
enable
the
German
Govt.
to
call
upon
vast
credits
which it is said
to do through pri-
vate agen!s
in
the
United
Srates.
Se-
cond
to
emplov in
favour
of the
Alied
Govts.
the
tremendous
difference
in ex-
change
rates.
Information
gathered
by
the
reserved
banks
was
said
to show
that
since
the
Armistice
Germany
has
been
umassing
credits
in
the
United
*®
States
National
Bank
holding the jfunds
in
the
names
of
individuals.
No
ap-
proximate estimate
of
the
amount
could
be
obtained,
but
oificials said
that
the
sim would run
into many
millions.
This
money
it
was
said,
presumad
to
be
for
us 2 in Germany’s
future
trade.
In some
quarters
it
was
believed
that
Allied in-
telligence
agents
had
discovered
the
existence
of the
German
funds
here and
that
the
commission
had
acted
on
the
feeling
that
Germany
would
use
the
money
in
indemnity
payments.
f{he
suggestion
also
was
made
that
Germany
°
might
attempt
to
boyrrow in
the United
States
in
which
case
the
shipment
of
gold to Europe
vould
re-act
favourably
on
th2 exchange
situation
not
strongly
against
all
the
Allied
nations.
No
in-
formation
has reached
the
treasury
how-
ever,
1
was
said,
that
:would
indicate
that
Germany
sought
or
would
seek
loans
through
private financial
houses
London,
Mareb
17th.—Four
capital
warships
of
the Hood class willbe laid
down
within
a year,
Sir
James
Craig,
Parliamentary
and
Financial
Secretary
to the Admiralty annou
ced
in the House
of
Commons.
The
Hood
is
a
.battle
.cruiser
of 41,200
tons
normal
displace-
ment
and 44,500
tons with full load.
She
carries
8
15 inch
guns,
12 54 inch guns4
4-inch anti-aircraft
guns,
4 three-pound-
ers
and 5 machine
gupns and has
two sub-
merged
torpedo tubes and4 above water.
The
vessel
was launched
in August
1918
and
has
a complement
of 1,475 men.
She
is an oil burner.
P
_Berlin, March 18th.—Dr.
Simons, For-
eign
Minister,
speaking before
a. com-
mittee
of the economic
Council of the
Reichstag
today
said,
‘‘we
are ‘pretty
well agreed
that sooner
or later
we shall