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HOOVER GRATIFIED AT FRENCH TREATY President Points Out Sacri- fices Made By People of United States FINANCIAL F PROBLEM Present 'Settlement Repre- sents Reduction in Total of 61 Per Cent. gton, Aug. 1.--The gratibs jation of of President Hoover, Henry Shon, Secretary of State, and Andrew Mellon, Secretary of the Moon Bere Whe ratification of the renger debt funding settle- lent was expressed Saturday in simultasicous statements. Mr. Hoover and Mr. Mellon declared the conces- ""sions and sacrifices represented in "the agreement were being borne by the people of the United States as well as the people of France. President Hoover's statement de- _clared that he wanted to give due weredit to France for the honorable ay in which that nation met its ob- " ligations, and predicted that the § greement on a basis of muthial un- + derstanding, sacrifices and consider- _ ation would go'far to further cement She existing friendship between the "two great powers. Mr. Mellon, whose name has be- come attached to the agreement as one of its negotiators, said he was #sure that France weuld profit by the settlement in a strengthened econ- omic nation ard European continent as a result of it. In ratifying the 'pact, Mr, Mellon said, France has done all within her power to remove one of the last financial problems of "the world war. i" "The President set forth some of the important details of the settlement and added that he gave those facts i because he believed that "in fairness to the American people I am justified win mentioning the liberality of the settlement." Expresses Gratification He was gratified at the disposi- tion, in so far as France Is concern- ed, a question that has "occasioned much controversy and debate. "I am very much gratified to learn "that France has ratified the agree- Hoag providing for the settlement of ¢ debt of the French to the United A tes, thus disposing, in so far as Ji8S within her power of one more of "the great financial problems left over *by the World War, With the high sense of honor and financial respons- ibility that have always characterized the actions of the French pcople, it was. always certain that to the full extent of their ability they would meet their obligations. The definite settlement, of the amounts to be paid in complete discharge of this debt is a cause for mutual satisfaction, re- moving as it does a question that has ocgasioned much controversy and debate, The settlentent calls for payments ot $35,000,000 in the fiscal year 1930, gradually rising over a period of 11 years until they reach a maximum of $125,000,000 annually. "I think in fairness to the Ameri- Washi Tator made ; aren $25.00 "Seotiand 32500 Mills 8 Rotish, Mgr. 1 Simcoe si JURY & LOVELL'S OPTICAL PARLORS "J. W. Worrall, Oph. D. Eyesight Specialist PHONE 3215 id LOUNTS SALTS AMYWHENE TO | 3 HIGH GRADE EQUIP: MENT KEPT IN PER FECT CONDITION. MEANS RELIABLF SERVICE ; P hone 82 COLEMAN dy S JCAL ANC ONG DISTANCE MAY FIGURE IN I'M ALONE J. B, Read, legal adviser, department of internal affairs, former dean of Law School, Dalhousie University, who may be Canadian legal adviser in I'm Alone arbitration. can people I am justified in mention- ing the liberality of the settlement. The total debt of the French Re- public to the United States as of June 15, was approximately $4,230,- 000,000. On a 5 per cent basis, which is the rate of interest borne by the obligations given by the French Government, the present value of the payment provided for by the Mellon- Berenger agreement is §1, 682,000,000, or, in other words, a reduction of approximately 61 per cent of the total indcbtedness. This settlement in effect wipes out the entire indebt- edness of France, which arose dur- ing the war period, and simply pro- vides for the payment of advances to France after the armistice, which ag- gregate, including accrued interest, is $1,655,000.000. Facts Are Stated "While some of the after-armistice advances were made for the liquida- tion of obligations, incurred in this country by the French Gevernment during the war period itself for per- manent improvements; for shipping, for the meeting of obligations to pri- vate creditors, incurred prior to the entrance of the United States into the war, and advances to the Bank of France for credit and exchange purposes. "I am giving these facts so that in recognition of the honorable way in which France has to meet its obli- gations, they will understand that our people too feel that this settlement involves a measure of a sacrifice on their part. There is every reason to hope and believe that such an agree- ment, based as it is on mutual secri- fice and consideration, cannot but promote a better understanding be- tween these two great nations and serve further to cement a friendship that has lasted for a century and a half." Mr. Mellon said he felt credit should be given the French plenipo- tentiarics who negotiated the debt settlement with him for the frank- ness shown by them in disclosing all of the factors involved and necessary in arriving at a satisfactory solution of the problem. He added that in finally accepting the agreement the French Government had given new evidence of that "financial integrity which has always characterized her conduct." 7 FEAR INFANTILE PARALYSIS IN THIS PROVINCE Several Cases Are Reported --Check Sources for Pre- ventive Serum Toronto, Aug. 1.--Infantile par- alysis, which in the last three years has successively been "epidemic in British Columbia, Alberta and Manitoba, is feared by Ontario pub- lic health officials this year. An increase in the numger of cases of the dread disease, partic- ularly in Ontario, prompted the dominion department of health to issue yesterday a special blue book warning the public of the danger of an epidemic. Until a week ago provincial health officials thought that the danger season for the disease was passing without more than the us- ual number of isolated cases. Last night information that cases had been reported in Bruce county, in Grey county, near Thornbury, and in the Ottawa district, as well as a number of isolated cases. The sit- uation was such that an epidemic was feared, and every precaution- ary measure would be taken. Already the provincial depart- ment is preparing to round up yos- sible donors of blood for serum treatment in case an emergency arises. It is only the blood of peo- ple who have had infantile paraly- sis that is used for the serum. Ad- ministered in the very early stages the serum checks paralysis which has been the most dreaded feature of the disease which still perplexes medical science. In the Winnipeg epidemic last year, doctors said, it worked wonders. The danger period for infantile paralysis is from Junue to Septem- ber, though August and September are the peak months. Ontario may escape without any epidemic this year, but there are enough cases REPAIRING 'WATCHES OUR SPECIALTY. . If your Watch is not giving satisfaction we can repair and make it tell the correct time D. J BROWN THE JEWELER Official Watch Inspector for Canadian National and Oshawa Railroads _ 10 King St. W. Phone 18) THE OSHAWA DAILY TIMES, THURSDAY, AUGUST 1, 1929 DUKE OF MONGOLIA BORN IN SWEDEN Becomes Wealthy and Power in Politics of China's Interior HAS ENGLISH ACCENT Success Followed Former Missionary Who Turned Businessman London, Aug. 1.--He's a Duke of Mongolia and he owns and runs a big wholesale business and speaks with an English accent, and his real name is F. A. Larsson, because he's really a Swede. His story is one of the most fascinating yarns that has come out of the troubled realm of the Chinese in recent years. When he was a youth, Larsson, whose people were peasant farmers in Tillberga in middle Sweden, went to China as a missionary. A Mongolian prince took a liking to him, protected him in his work, and taught him a little Mongolian. Armed with this, moved deeper 1n- to the interior and settled at Urga, that mysterious being known as "The Living Buddha," who is for the Buddhists of Mongolia some- thing like what the Pope is for the Catholic world. Rose In Popularity "The Living Buddha' also took a fancy to this young Christian missionary and often had him come to his palace where they talked about things that excited the Bud- dha's curiosity, especially oil lamps and watches. Some time later Lars- son moved down to Kalgan, near the Chinese wall. Kalgan is a great trade and caravan centre and here Larsson expected to spend the bal- ance of his days, especially as ne had married an English woman missionary. All went well with him until tue Boxer rebellion. Two thousand Boxers, with their red girdles and their crooked swords, rode into Kalgan one evening and summoned all the yellow men to join them tn putting an end to the 'white dev- ils" throughout China. Their leader said this was easy because he and his = chosen ones were invulnerable to wounds from white men. Larsson walked out, faced this leader and offered him 50 taels. All Larsson wanted in re- turn was that the leader should make himself a voluntary targe: for a shot from a Swedish gun. The offer was not accepted, but the stock of the Boxer chief fell rapla- ly as Larsson's rose. But Larsaon's big chance came in 1913, when the Mongols rebell- ed against Chinese rule ana rneir general achieved considerable mili- tary successes. Pekin was worried. Pekin wanted to deal with the Mongol chief. But both sides were troubled as to an intermediary who could not be bought by either side The Mongols proposed Larsson and he was accepted. He rode back and forth between Urga and Pekin and finally brought about peace. Whereupon the grateful "Living Buddha" promptly made him Duke of Mongolia. He's a Merchant Prince « The title may not mean mucn mn Europe, but it means a lot out there, and Larsson has cashed m on it. Starting in a small way as a business man in Kalgan, he has now prospered to such an extent that he is one of the merchant princes of Mongolia. Mongol peasants come to his place to get thread. A great ex- plorer iike his fellow countryman, Dr. Sven Hedin, comes to him and orders a whole caravan with just ag much nonchalance. And in due time the caravan is ready--multi- tudes of stout camels, camel driv- ers, stocks of food and drink and supplies and arms and everything that is needed for an exploration in the great unknown steppes of Cen: tral Asia. Sr --r-------------- ADVICE TO WOULD BE POETS Would you be a poet, Be silent till you drink Deep of a rainbow At a brook's brink! You shall tread deftly Lest beauty he bereaved Bv bruising of a flower, Your spirit shall be grieved. When a bough is broken Else from your lips shall come No elegy, no idyl, or Prothalamium. When you hear the world's laughter And feel the world's grief In the wash of a wave, In the stir of a leaf. When there shall fall upon you The shadow of a wing Though never a bird is in the sky, Then sing! --Mary Sinton Leitch, A MYSTERY (Chicago Daily News) A husiness man was complaining that 'his partner kept incapacitated for duty much of the time, as he ex- pressed it--hashed. He repeated this term so much that one of his lis- in the Lyric. teners finally took it up. "Seems to me that's a new one. You used to say stewed. "Why do you now say hashed?" "Well, you know stew." what's in a reported to make public health offi- cials prepare for every contingency. Doctors stated last night that it could not be said that the disease was sweeping the dominion in an- nual invasions from west to east. The fact that three western prov- inces had successively been invad- ed, was, they considered, a coinci- dence. Cages in Ontario last year, they believed, came from Winni- peg infection. At the same time that the epidemic raged in-Alberta, fhere was an enidemic in Bosten. which happens to be the seat of | Corporation near Orillia. ORILLIA HEMP GROWS TO MAN-HEIGHT Mr. Wayne Bellrose and J. F. Braid, exhibiting a '""man-high" hemp after six weeks growth, taken on the 1,000 acre farm of the World Fibre sample of MISSING BOTTLE Medicine Container From Which Fatal Dose Was Taken Is Missing London, Aug. 1.--A missing medicine bottle was added yester- day to the puzzling aspects of the Croydon poisoning case. It was referred to hy oner just hefore his jury decided first that Mrs. Violet Sidney had been poisoned wilfully and had then taken back that conclusion and brought in a substitute verdict to the effect that there was not sufficient evidence to show wheth- | er this one of the three mysterious deaths was due to morder or aceci- dent. the cor- ADDS TO MYSTERY The coroner 'told the jury that no one could be found who admit- ted having seen Mrs. Sidney's medi cine bottle from the time it was de- livered to the housekeeper, a Mrs Noakes, and handed by her to Mrs. Sidney, until the time that the last dose was taken from it. Scotlana Yard is trying to find out what pe- came of the missing container. If the jury was uncertain about the manner in which Mrs. Sidney got the poison, it d no doubts that she sucumbed to the dosage. The medical testimony on this point was overwhelming. The coroner expressed the helief that poison was administered in the medicine. Several days ago the same cor- oner's jury returned a verdict of {murder in the case of Miss Vera Sidney, daughter of the woman whose death was the subject of vesterday's double finding. The third death in the family, that of BETTER RELATIONS WITH U. 3. URGED Lord Rothermere Describes Wall Street as Another World Power 'EUROPE'S DEPRESSION Article Suggests Attracting American Capital to London, Aug. 1.--~The predominant influence of the United States' fin- ancial strength in the world's econ- omic affairs makes it supremely im- portant for Great "Britain that she improve her relations with the Unit- ed States, in the opinion of Viscount Rothermere, noted British editor, in the Sunday Pictorial. His' article was headed : "Will Wall Street Swal- low Europe?" The publisher describes "Wall Street" as "anpther world power" having | more authority than the League of Nations and "more. subtle- ty than Bolshevism." The rise of this great financial world power, Viscount Rothermere declares, ought to be a cause for sat- isfaction and not resentment for Great Britain, "When the present glut of capital in America at length produces a surplus," he said, "we should do everything possible to at- tract it together with American tech- nical skill and experience to the task of revitalizing and developing de- pressed British industry. This is Britain's shortest road to industrial recovery and all handicaps on the in- vestment of American capital in our country, such as the disqualification of American shareholders from vot- ing, should be removed." Europe's economic state Lord Ro- thermere pictures as deplorable. "With trade depression hanging like a thunder cloud over European stock exchanges and political complications always possible it is not surprising that money which is the most sensi- tive and mobile commodity we use should fly to the fairer fields of the United States. America today is the goal of refugee capital just as a gen- eration ago she was the goal pf po- litical fugitives." He describes. Wall Street as a co- lossal suction pump draining the world's capital and creating a va- cuum in Europe. "The absorption of European gH tal in America," the writer said, rapidly giving to the United Site the financial empire of the world. Great European banks, with the ex- ception of the Bank of England, and the Bank of France, will tend in- creasingly to become dependencies of the Federal Reserve Bank of New York, "These are facts which emphasize | Crighton Duff, a son-in-law, will | be the subject of an inquest begin- [ning August 6. tor of England the supreme importance strengthening still further our "An Unusual and Interesting Event 'Beauty Expert to Visit Our Store One Week Only, Aug. 5 to 10 Have your Skin Analyzed Free by this A'Lure Dermatologist Appointments Now. Phone for yours,' Drug 10 Simcoe St. S. "EE HT Jil TIT You are invited to avail yourself of the services of this trained A'Lure Beautician free of charge or obligation. She will make a complete analysis of your skin, zecom- mend the most suitable treatment and give you a free facial to show the superiority of A"Lure Analysis Method of Beauty Culture and A"Lure Toiletries, A Private Booth Will be Provided. THOMPSON'S Store OSHAWA, Phone 22 We Deliver (COO I TITTY good relations with the United States by closer co-operation with the United States by copying their mo- dern methods and securing their friendly aid, we shall be using the best means to extricate our own older and hardly tried economic organiza- tion from the difficulties which so dangerously beset it." THE COUNTRY FAIRS (Regina Leader) The country fairs in Saskatchewan continue to justify themselves. Re- ports bearing upon these annual ex- hibitions throughout the province tell a consistent story of increased attendances and increase in exhibits over last year, and, in most cases over all previous years. It has be- come a trite saying that there is a place for the small town fair as well as for the exhibitions in the larger centres. These small exhibitions have proved their worth for the unques- tioned stimulus to the basic industry of the province which they offer and for their educational and social value. DISCONTENT (The Country Youth) I'm tired of feeding the chickens, And the sight of pigs I abhor, Oh, give me the life in the city, Then I will ask for no more, There's nothing like policemen and trolleys; I love the buzz and the stir Oh, give me the life in the city For it is the life I prefer, (The City Youth) I love the horses and chickens, And the pigs and £OoWs So dear. Oh, give me the life in the country, Then I won't shed a single tear, I'm tired of policemen and trolleys, The hum and the buzz and the clat- ter; Oh, give me the life-in- the country, Then nothing else will matter, --Curtis, "5 ACRES - $8,500 Opportunity to get site on Kingston Highway, Harmony. Six room frame house in good condition.. Good barn, carpenter shop and chicken house 0) remises. Ideal place for Motorist Rest Camp or garage. For te: [= apply J. H. R. LUKE 52 King St. E. Phoyes 871 or 687TW LUMBER F.L. BEECROFT Whitby Lumber and Wood Yard. Phone Oshawa 824 Whitby 12 HARDWOOD FLOORS LALD BY EXPERT MECHANICS | 01d floors finished like new. Storm windows, combination doors. General Contractors. B. W. HAYNES 161 King St. W. Phone 81, residence 180r2. PH .C.YOUNG in PrincelSt. INSURANCE #13 Simcoe St. 8S. Phones 1198W---Office 1858J -- Residence PHONE 22 For Your Drug Needs THOMPS ON'S 10, Simcoe St. S.--We Deliver A clash between a steam roller and an airplane seems to have been a draw at Roosevelt Field, N. Y. One was cruising at two miles an hour. The other 'was slipping out o. the skies at about thirty-five for landing. The smokestack was knocked. off and the engineer put in. a hospital. The fuselage was battered and one winz smashed. ---- Promptly Delivered Practically every line of busi- ness is represented in this di- rectory--a handy reference for COAL COAL Phone 103 W. J.SARGANT Yard----89 Bloor street KE. STORE FOR RENT At 9 Prince St. Apply " ROSS, AMES & GARTSHORE CO. 135 King Street West, Phone 1160 Oshawa. Machinery Repairing NOTHING TOO LARGE NOTHING TOO SMALL Adanac Machine Shop 161 King St. W. Phone 9p, For Better Values tn DIAMONDS Burns' Jewelry Store Corner King and Prince Cash or Terms those List Your Firm who wish to become acquainted with the various business houses. in the "Times" Business Directory! INSULATING BUILDING BOARD WARM IN WINTER COOL IN SUMMER DISTRIBUTED BY OSHAWA LUMBER COMPANY LIMITED OSHAWA, ONT. LUMBER # Build folding Prompt Delivery Right Prices Waterous 'Meek Ltd. High Class Interior Trim Rough and Dressed Lumber W. J. TRICK COMPANY LIMITED 35 Albert Street Phones 280 & 157. Real Estate Telephone 572-288 Night Calls 510-1560 AT THIS TIME You should buy one of our 8 roomed garage homes On Gibbons St. Heights. .Elec- tric lights. Good water. $875 with $50 cash, balance as DISNEY Opposite Post Office. Phone 1550 W. A OPTOMETRIST 23%; Simcoe St North Rundreds of jouple wear utmost comfort Hare's Faultiess Lenses