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. THE OSHAWA DAILY TIMES, FRIDAY, MAY 9, 1930 " a Supporters ot of ¥ Plan AR casoured by Election of Luther p ------ Lo Fathers of the Young plan for German payment of rep- 'arations, and investers in German securities and industries have been reassured by tion of Dr. Hans Luther as ot the Reichsbank. Scarcely had he taken over the worries of Dr, Hialmar Schacht, re- signed, when the mark went up, "Skinny ! | Gained 11 Lbs. in 8 Weeks and Boy F " "After tryin eral tonics trie "ized Yeast, In 8 weeks gained 11 Ibs, new complexion, roun limbs best of all a boy triend." --8, Balino, Men and 'women "are amazed at B 4) 5 to 15 lbs, in 3 weeks, Ugly seve lron- ollows vanish, Bony limbs round ut, Sallow, muddy, pale skin gets eatlhy color like magic, Nervous- ess, indigestion, constipation, dis- ppear overnight, Sound sleep. New ep from very first day. Two great tonics in one--special reight: building Malt Yeast and Pleasant little ht 9. Far stronger than unmedi- ted yeast. Results in 75 time. No easy taste, no as, hening Iron, " Don't go round "skinny," ugly, un- attractive, Get Ironized Yeast from ggist today, Feel great tomorrow, a hack from manufacturer if hot delighted with results, rallied from thelr slump and the. a ung Plan was ified. A oe One str man has another in the leadership politieally powerful institution, the important thing so fa: he other powers are conce Luther believes in doing tba to carry out the Young Plan, Schacht signed the plan and then did his utmost to fight it and pre- dict its failure, For six years the national pank had beer headed by Schacht, who undoubtedly accomplished great things for Germany, He went in at the most troubled financial period in his country's history; currency was shot to pleces, and the mark had aimost no value in the world market, By a series of daring manouvres Schacht succeeded in making the gold mark a stable currency, He almost wiped out the middle class, but he put Germany back on the money map. Hecame Trouble Maker He participated in the meetings which brought about the Young Plan, but immediately after sigur ing it he became a trouble-maker, He went 'outside his financial do. main and embarrassed his govern. ment in politics, At the Hague conference of the allied powers he fought the very scheme he had signed. He hinted that the Reichsbank might not be able to make the payments called for, and which had to be made to the international bank that is to be set up, This was a blow not only at the Young plan, but at the German coalition government itself, People began to wonder if Schacht were trying to make himself chancellor of the reich, or president. What- ever his thought, Schacht finally got himself in a position where re- signation from his high post was his only possible course, There was only one man whom German political and financial lead- ers could consider as a possible sue- cessor. Thelr choice of Dr, Luther was seconded by leading banking authorities of Britain, the United States and France. There are ten German and seven foreign members the general counell of the Relchs- bank . All who attended the elec tive meeting voted for Luther, Now Financial Boss The financial boss of Germany Travel The King's Highway Daily Coach Service OSHAWA - ' FARE 88e | URAV E OSHAWA AM, P.M, w 600 1.30 w 6.30 2.30 7.30 8.30 8.30 4.20 30 5.30 1030. 5 8.30 11.30 7.30 PM. ®830 12.30 0.30 vy 10.00 YeBun Satu only: Coach connections at Torento for Barrie, Brampton, Schomberg, Hamilton, Falls, Anan Standard Time TORONTO THAvE ali . 3 4 " § » 30 30 30 30 7.30 5 5.30 2.30 10.30 w-~Daily except Sunday, ay, Sunday and Holidays only, Orillia, Brantford, Niagara Buffalo and intermediate points. Coach connections at Buffalo for all U S. A. points. -------------- Tickets and information at GRAY COACH LINES .Genosha Hotel OSHAWA Phone 2828 Tastes Good A Box of '5s fine' Chocolatée: will ba 'warmly appreciated by your Oldest and Best Sweetheart * Special Mother's Day Chocolates i FF vias to 4uit you VADNCT NA Sf DRUG Sore JE= oy ey pk pucepetad but. | nin 1870, studied ent unive: rament. sel eo administration s and ure. He first came Into prominent notice when he served ds bu of the great industrial city of the Rulir, Essen; This was during the most difficult after-the-war period, and he was a great success. | Was in law &t three di entered g taking part in of Charlottenbur he was made a minister, held the same fob in the first Stresemann cabinet, and in the second Strese- mann cabinet was made minister n finance, Incidentally, Luther, gh bears a distinct resemblance to the late Gustay Stresemann, was a close friend and ardent disciple of the great German statesman, He now is one of the most intimate per. sonal friends of President von Hin. denburg, Friends of Luther say it was he and not Schacht who brought about stabilization of currency, for he continued as finance minister in the first Marx cabinet, When Cabinet Fell Luther, who proudly claims des~ cent from the famous Protestant, Martin Luther, took part in the negotiations that led to the adop- tion of the Dawes Plan. In 1925, himself chancellor, he headed the German delegation which signed the Locarno pact whereby Germany, Great Britain, | Te -- France, Italy and Belgium mutually, recognized as unalterable the fron- and mutually pledged themselves to make common cause against any aggressor in a new war., Luther's cabinet fell in 1926. As one of the fathers of the La carno pact and as one of the stout believers. both in the Dawes and the Young plans, Dr. Luther is marked out as the man who, at the head of the great German na- tional bank of issue, can do much to help Germany solve its finan- cial and treaty problems, Since election' to his new post he has stated that the stability of Germany's currency is beyond as- sault and that his policy regarding foreign loans will be guided by their chances of bringing about production in Germany. He said he was a great believer in the efficiency. of the German working class and would do all he could to strengthen the credit of the German state abroad. NAME NEW STAR THE 'PLANET r Ottawa Observatory oral Not Yet Sure What Object Is Ottawa, May 0.--"Planet YT" #s the name gives to the new astro. nomeial object discovered by offiel- als of the Dominion Observatory here. Speak at a service club luncheon Dr. ¥. Henroteau of the observatory used the term for the first time in speaking of the new discovery. He stated it had not been deter. mined what the new object I». "We found," he said, "that it was beyond Neptune and wah a new planet or possibly a comet. It is a Rittle larger the planet X." » Dr, Henrot ay told of the dis- coveries di close of the 18th eutury haere planets which onal onized the study of astronomy and wondered whe- ther the finding of planets X and Y pA the beginning of & new era of avery. "Are we going to find amother group of asteroids beyound Nep- tune which are larger than the as- teroids between Mars and Jupl- ter?" he asked, "Only the future will tell." DOMINION T0 BAN Absolute Embargo Placed Ageinst Importation of the Birds Victoria, B.C: May May B~Canade will declare immediately oR absolute 'em: bargo on the Imgortatio n and trans. portation of all birds' of the parrot species as a result of representations from the British Columbia Depart. ment of Health, which is now en. gaged in systematic efforts to stamp | out parrot. fever, iMgqnwhile, 'B ung. Provin- his depart. ment ate engaged in a he lepers. campaign to confine the outbreak of \Arzot fever to a few cases around ancouver. They have been in telegraphic com munication with United States auth. orities to secure the latest possible information on the subject. : » May : le Carden, who ered 'the first Long fired in. the rdanelles Sampaign af 1915, died 'here yesterday, ai When it was decided to make a naval attack on the powerful forts in the Dardanelles he was selected for the task as one of the navy's 'most fearless officers, "The admiral entered the navy in 1870 and rose . Steadily until he be~ in 1910, becomin, vice a Aonic iT ih fc on t Feat ancss n ied rons + from the naval op per a, melt until > be Unass M Mas Bo In the Cuno eabinet of 1922} teirs fixed by the Versailles treaty' "PARROT SPECIES | JUDGE SUSTAINS MURDER THEORY Township Cleared of Blame and Damage Action Is 'Dismissed Walkerton, May 9--Supposition oot Wiliam: Belbeck, 40, met death play" last August on the 14th of Brant, Bruce Uounty, ning, led Mr, Just. Er ie A preme Court here to d $10,000. demand action deceased widow, Mrs, An- deceased was killed we do Jenow t lille be, certain} oy CW TM, ilton, Prabhu ik iven for the defence yes- , Deadman, path- ilton, declared that the mentioned as hay. on Belbecks head, indicated ied Ld Sal ounds had been ine flicted utes before the auto. mobile and its driver entered Deer Shr ere they were discovered ernoon following the fatality, v No water was found in the lungs, Dr, Peart of Elmwood, one of the phy- sicians who performed the autopsy, testified, 'and he 'could find nothing in the car which would associate it- self with the several wounds on Bel- beck's head, YOUNG PLAN GOES INTO FULL EFFECT FRIDAY MORNING International Bank Expected To Be Functioning by May 16 (By Canpdian Press Leased Wire) Paris, May 9--The Young Plan will be declared in forée today 1ts shactment futo sffectiveness de. pends only upon arvival of papers concerning ratification by Italy In time as anticipated, The deposit by Germany and at least four creditor' nations of their ratification is required to make the plan effective, The papers of (Great Britain, - France, Belgium and Germany Have been recelved and Italy's are on the way, it 'was announced to- day. The Bank for International Sel- tiements will be organized as soon as these ratificatious have been deposited and probably will be in the position to function about May 16. Its first tosk will be to issue the three hundred million dollars reparations bonds for sale in the markets of the world, of which eighty millions will be allocated to America, IS CONSECRATED A CATHOLIC BISHOP (By Canadian Press Leased Wire) Montreal, May 0--Right Rov, Gerald Murray was elevated to the episcopate Thursday, his eonseecra- tion service as Bishop of Victoria, B.C., taking place in St, Ann's church here, His excellency the apostolic de- legate and 18 archbishops and bishdaps, as well as 240 priests, re- presenting the clergy of Canada and the United States were present, There was also a large gathering of the Catholic lalety including Hon, Peter Heenan, minister of labor, and Nt, Hon, C. J, Doherty, former minister of justice, CANADA GAN HELP WEST INDIA TRADE But Political Union Not Con- venient for Either, Says British Peer London, May 9.~Political union between Canada and the West In- dies would not be conven jent for the Dominion of for the Islands, declared Lord Elibank, who has held several administra- tive posts in the Indies, in the House of Lords during discussion of the plight of the West Indies sugar industry, Lord Elibank, as administrator of Bt, Vincent in 1910, bad a hand In the fygning of the first trade agreement hetween Canada and the West Indies, In his address he showed the many ways in which Canada was able to help" the In. lands and he urged gn extension of the scope and degree of the trade agreement, "In ten years' time," sald Lord Elibank, "Canada may have a popu- lation of close to twenty millions, She will then be able to absorb all ---- sins WO---- ' the produce of the Islands," Lord Elibank, thought the Won Indies should continue to look towards Great Britain for help but shoud, at the same time, to 1 closer arrangements with nov which was nearer and provided a more naturs! market, Lord Plymouth, who was Under- fiecretary of State for Dominion Affairs in 1929, asserted the sugar industry of the Islands was being wiped out while the British Govern- ment looked on, Lord Olivier, the Laborite peer, made another assault on the Government's West Indian poliey, Two old-fashioned Isdies were discussing the modern generation, "Yes," said one, I don't know what the world is coming to--Wo~ men mesquerading as men," "Yes," chinned in the other, "and everybody is suspected, too. 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