Konta'sName Lose Half Dreadnoughts by Surrender Often · Konta'sName Often Linked ToBrisbane's...
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Konta's Name Often Linked To Brisbane's £ditor Denied He Had Heard From Konta in Eight Years In 1912 He Dealt With Mrs. Konta Konta's Wife and Son Were Interested in Factory on Brisbane's Land (Special to The Tribune WASHLN'GTON, Nov. IS..Evidence .f a closer connection between Arthur Brisbane and Alexander Konta than the Hearst editor has nitherto admitted Î3 now in the hands of a member of the Senate committee investigating Bris¬ bane's purchase of "The Washington Times" with money supplied by a pool of German-American brewers. Besides the known intimacy between Brisbane and Konta's son, Geoffrey, who has served as the former's person- al attorney, this evidence includes the record of real estate deals with Konta's wife (née Lemp, daughter of the St. Louis brewer), and of business en- terprises conducted by Mr. and Mrs. Konta at various times on and near Brisbane's properties in Monmouth County, N. J. The importance of this evidence rests in its contradiction of a statement made "by Brisbane when A. Mitchell Palmer, Alien Property Custodian, in disclos- ing the relation of Brisbane with the brewers, gave out a letter from Alex- gnder Konta to Dr. Dernburjr in which Konta discussed the possibility of en- listing the aid of German-American brewers in the purchase of one or more daily newspapers by the German gov- ernment At that time Brisbane said over his signature in "The Washington Times" that Konta was "a man whom J have not seen and from whom I have tot heard in eight years." Two Year3 Later It may be presumed, according to in- ¦formation in the hands of a member of the Senate committee, that by this statement Brisbane expected to cover the sale to Mrs. Konta in December, 1310, of the house at 42 West Forty- seventh Street, New York, which is giv- en in the New York City Directory for' 1918 as the residential address of both Alixander Konta and his son Geoffrey. Two years later, however, in Novem- _er, 1912, the real estate records of New York City show, an indenture was recorded between Brisbane and Mrs. Konta voiding a previous agreement ffi.de at the time of sale of the Forty- seventh Street house, by which Brisbane retained certain financial rights in re- gard to a resale. Shortly after this the real estate deals of Brisbane and the Konta family were expanded to include the sale to Mrs. Konta of thirteen acres of prop- erty on Brisbane's Hempstead, L. I., estate. This was on May 16, 1912, six &nd a half years ago. In 1915 further evidence of the Bris- bar.e-Konta connection centres around Brisbane's other large holding of coun- try property, the "deserted village" of Allaire, N. J. The state records at Trenton, N. J., show the incorporation,: <m June 21, 1915, of the Allaire Wood-¡ workers, with Mrs. Konta holding seven shares, Geoffrey Konta, then living at Hempstead, L. L, holding two shares, Md Geoffrey Konta's law partner, Karl W. Kirchwey, holding one share. Tie Allaire Woodworkers, Inc., was » tompany formed to make toys. It: «apied one of the old buildings in the "Verted village" which had been part ¦«the flourishing iron foundry for **iîn the olace was famous many years «*>. j German Toy Makers There »s principal stock in trade seems to cave been the 6ervice3 of a number 1 German toy makers, who were sub- .''-ts of the Kaiser, stranded in Ameri- ¡ ¦* by the war. I Daring the latter part of the Allaire Woodworkers' stay on the Brisbane Property Alexander Konta, according ^ one of these German employes, v,site«i the factory every Friday, bring- ."_ the payroll. According to other information, Bris-j «ne spent much time on his Allaire] Pf'Perty resting and writing. He ihr*d in a house close to the factory. »he toy factory proved unprofitable, «ere xvtre many changes of manage¬ ment, and the company finally moved **.* -of the antiquated old building in Allaire and settled on property in the *W town, Farmingdale. The Board of Trade of Farmingdale gave the land **"> erected a modern building on a «...ding-and-loan plan. The entry of .«ötrica. into the war made it more *d more difficult to get lumber and "".fî shipments. Under the resulting uncial «tres», Alexander Konta took ov'i the active management of the y*nture. Th«.- Germana arc now practi- *% the only employes. 'hi Konta name has been connected g» Mother curiouH feature of Bris- *.***'» "deserted village" -the Allaire *n> * typical roadhouse. And the Allaire Inn fy» fiepternber 15, 1915, the Allaire n. Inc., wan recorded in Trenton, with £* ««pita! stock divided among Will- ¦** Foadick, a satellite of Brisbane; A. f**»l, now dead, and Kmrna Meier. The j**-- named is described locally as "a "«"»«?keeper for Mrs. Konta," and she ^acted the inn for a period under 3* Konta':* management. For a time "¦*- Allaire Inn was run as a "temper- ****" roadhouse on the favorite Bris- wae..reWefs* ru*e 0f "Ught wines and r*T*" only. To bring more trade, a **r** amount of money, said to run ** «*fe as 118,049, was put Into the property by the Lemp and Pabst in-J terests, the grounds were improved and the road elaborately refenced and lighted. Mrs. Konta retired from the man¬ agement, business continued poor, and a professional restaurateur was installed. Finally, the prop¬ erty was rented to the proprie¬ tor of a Scandinavian restaurant in New York, Miss Gerda Simonson. Under her management, with other beverages besides wine and beer, the Allaire Inn has done a flourishing busi¬ ness, attracting many Germans as well as Scandinavians. The bulk of the farm employes on the Brisbane property, some of which has been leased,out, are of the German race and consort pleasantly enough with the German and Austrian toy- makers still at work in the Allaire Woodworkers' plant. Senate Ready To Bare Deals Of Brewers Continued from page 1 who have been summoned for the open¬ ing session of the hearing, give some indication of the line that the inquiry is likely to take at the start. Brisbane to Appear Later Alexander Konta, and Arthur Bris bane, who have asked to be heard, will bt« given opportunity a little later, as will A. Mitchell Palmer, United States Alien Property Custodian, who exposed the Brisbane deal. John P. Gardiner, president of the Pennsylvania State Brewers' Associa¬ tion, one of the six men, formerly was manager of the organization bureau of the United States Brewers' Association. This is the agency through which the brewers spent the millions they raised for beer propaganda. Before the grand jury in Pittsburgh Mr. Gardiner re¬ fused to testify, on the ground that his testimony might tend to incriminate himself. His brewery was sentenced to pay $2,300 fine and a fourth of the costs of the case.about $2,000 more. Hugh F. Fox, secretary of the United States Brewers' Association, is another of the six men called. He also refused to testify at Pittsburgh, and h& was actually in jail for a few hours for cffntempt. Named in Texas Case. John A. McDermott, manager of the organization bureau of the U. S. B. A., who also has been summoned, also re¬ fused to testify at Pittsburgh. During the hearing of the Texas cases evi¬ dence was given as to a "McDermott- Gardiner fund" which contributed an¬ nually to the Texas brewers' war chest. C; W. Feigenspan, president of the U. S. B. A., the man who gathered and managed the Brisbane fund, and a con- tributor of $25,000 as his personal share in making Brisbane "100 per cent owner" of "The Washington Times," has been called, as have also A. J. Sun- stein, treasurer of the Protective League of the National Wholesale j Liquor Dealers' Association. and George F. Dieterle, of Cincinnati, mem¬ ber of the executive committee of this protective league. The following official memorandum was prepared by Mr. Humes for the guidance of the court in fixing the fines in the Pittsburgh case: "Perhaps one of the best illustra- tions ;s to be found in the State of Iowa, where a three-cornered agree- ment was entered into with the local political organization of the State of Iowa by Messrs. Andrea (he is the man who gave $42,000 of brewers' money for use by the disloyal National German-American Alliance), John Gardiner and A. Sunstein, by the terms of which they were to pay into the Iowa campaign fund the sum of $37,- 500, and the local political organiza¬ tion to raise within the State of Iowa an equal sum. A third of this amount ($12.500) was to be paid by Andrea, a third S12.500) was to be paid by John Gardiner, of the organization bureau of the United States Brewers' Associa¬ tion,'and a third ($12,500) by A. Sun¬ stein, and this money was in fact paid." -%.- Time Zones in U* S. Change After Jan* 1 .*- Lines Move Westward by Order of Federal Board Fixing New Limits WASHINGTON, Nov. 18..New and official boundaries for time zones in the United States, unifying existing lines and moving them slightly westward, were announced to-day by the Inter¬ state Commerce Commission, to be¬ come effective at 2 a. m., January 1 next. This order is pursuant to the daylight saving act, which in addition to authorizing advance of the clock during the summer, provided for per¬ manent United States standard time, and required the commission to de¬ fine the limits of the standard time zones, which previously had been fixed only by custom of cross-continent railroad or by local law. The line fixed by the commission, separating the Eastern and Central time zones, beginning at the Great Lakes, follows the boundary of Michi¬ gan through Toledo, Fremont, Clyde, Belle-vue, Monroeviile, Willard, Shelby Junction, Mansfield, Galion, Marion, Columbus, Lancaster, Dundas, and Gal- lipolis Ohio; Huntington. Kenova and Williamson, W. Va.; Dungannon, Va.; Bristol, Va.-Tenu.; Telford, Tenn.; Asheville and Franklin, N. C; Atlanta, McDonough, Maçon, Perry, Americios, Albany and Thomasville, Ga.; the northern boundary of Florida to River Junction and the Apalachicola River to the Gulf of Mexico. Between Central and Mountain time the line begins at the Canadian bound- ary, Portal, N. D., running through Minot and Goodall, N. D., and following the Missouri River to Pierre, S. D., then through Murdo, S. D.; Long Pine, North Platte, McCook and Re- publican Junction, Neb.; Phillipsburg, Plainville, Ellis, Dodge City and Lib- eral, Kan.; Waynoka, Clinton and Sayre, Okla.; Sweet Water, Big Springs and San Angelo, Tex., and the 100th meridian to the Rio Grande River. Between Mountain and Pacific time zones the line is fixed following the eastern boundary of the Blackfeet Indian reservation, in Montana, and the Continental Divide, to Helena, Butte and Dillon, Mont.; Pocatello, Idaho, and the Oregon Short Line to Ogden and Salt Lake City, Utah; thence the Los Angeles & Salt Lake Railroad and the wintern and southern boundaries of Utah to the 113th meridian, thence to Seligman and Parker, Ariz., and along the Colorado River to the Mexican boundary. All of Alaska is !eft within a singlo time zone, the commission holding that it cannot deal with this matter» nor i with the omission of the Hawaiian Inlands from the terms of the daylight saving act. _ To Resume Railroad Work WASHINGTON, Nov. 18..To allow work to be (started on railroad con¬ struction delayed by the war the War [industries Board to-day issued an or¬ der giving lumber shipment-* for rail¬ roads a priority rating higher that accorded any other class of that acco modules. com- Germans Lose Half of Dreadnoughts by Surrender »! WITH the surrender of twenty-one warships, not counting subma- rines, to the Allied navies, Ger- many has been stripped of more than half of the fleet of dreadnoughts which were in commission or under construc¬ tion at the outbreak of the war, and nearly all of that nation's battle-crui¬ sers. The vessels named in advices from London are the best of their respective classes, and their surrender reduces the German fleet to virtual impotence. The battleships Kaiser, Kaiserin, König Albert, Kronprinz Wilhelm, Prinz Regent Luitpold and Friedrich der Grosse are of 24,310 tons each and were completed as part of the 1910 German naval building programme. The Markgraf, Grosse-r Kurfürst and König are of 26,575 tons displacement. The Bayern is the latest German battle- cruiser of 29,000 tons. The Kaiser and König Albert, accom¬ panied by the cruiser Strassburg, made a cruise to East Africa and the prin¬ cipal ports of South America before the war. Battle-Cruisers Yielded Of the five battle-cruisers to be sur¬ rendered by Germany, the Seydlitz, the Moltke and the Von der Tann are of 24,600 tons and were completed before the war, while the Hindenburg and the Derflinger, the two latest and speediest battle-cruisers in the German navy, were completed during the war. Both of them took part in the Battle of Jut¬ land. The Von der Tann visited the United States in 1912. The light cruisers Bremen, Brummer, Frankfort, Köln, Dresden, and prohably the Emden, are the very latest of this type of ships possessed by the Ger¬ mans. They are noted for their speed and long range, although possessing vulnerable armors. The appearance of the Dresden and' the Emden in the foregoing list of light Six of the battleships given up by the Germans are of the class of the Friedrich der Grosse, shown in the upper picture, and are among the, finest ships of the German navy. Six battle cruis- cry, most of them ot the older type shown in the lower photo¬ graph, have been surrendered. cruisers recalls to mind the fact that two ships of these names have been sunk during the war. The Dresden was sunk by the British under Admiral Sturdee in the battle off the Falkland Islands, the battle in which the British avenged the loss of the fleet under Admiral Cradock. The Emden, famous raider commanded by Captain Muller, was sunk by the Australian cruiser Sydney in the Indian Ocean, following a stormy career in Far Eastern waters and the Pacific and Indian oceans. , Envoys Meet British The German cruiser Königsberg, which carried the Soviet plenipoten¬ tiaries on their visit to the British fleet, met the British November 15. The delegates were received the same night by Vice-Admiral David Beatty, commander of the Grand Seas Fleet, aboard his flagship, the Queen Eliza¬ beth, in the Firth of Forth. Representing the Germans were Vice- Admiral von Meurer, delegate of the Soviets; Admiral von Hipper, who, as former chief of the Kaiser's high seas forces, met Admiral Beatty in battle of? Helgoland in January, 1915; a Zep¬ pelin commander and a submarine com¬ mander. Vice-Admiral Beatty has been the leading figure of the British navy in the war. He won the first sea fight of the war off Helgoland Bight and later frustrated a German coast raiding ex¬ pedition, sinking the battle-cruiser Blücher. He was made vice-admiral at the age of forty-four. Born in England in 1871, Beatty entered the navy when thirteen years of age, and achieved first distinction with Kitchener in Egypt in 1898, when sec¬ ond in command of the gunboat flotilla which went up the Nile after the Brit¬ ish forces. He was in China two years later during the Boxer outbreak. Beatty was appointed commander of the first cruiser squadron in March 1913 and made vice-admiral August 3, 1914. The new ship Königsberg was named after the German vessel which was de¬ stroyed by British monitors in the River Rufiji, German East Africa, where it took refuge after a raiding expedition on July 4, 1915. Fears Autocratic Rule Unless China Grows in Own Way Dr. C«, T, Wang Here to Urge Society to Pro- mote Friendship Unless China is permitted to work! out her destiny without interference' o^other nations she may develop along autocratic and militaristic lines, in which case, with her vast resources and population, she would become "a menace to the world's peace," accord¬ ing to Dr. C. T. Wang, leader of the Constitutionalist movement in China,; who came here frcyn Washington to address a meeting in the City Club yesterday, at which plans for the ' fcrmation of a Chinese-American So- ciety were made. Dr. Wang was the Vice-President of the Senate of the first Parliament, of the Republic o£ China. "The object of my visit," he said in j an interview following the meeting, "is to place the cause of China before the American people in order that they may help us develop along democratic! and constitutional lines. People Are Awj^kening "If China were to develop along au- tocratic lines, then indeed she would become, with her 400,000,000 popula- tion and vast resources, a menace to the world's peace. Her people are gradually awakening. Everything de- ponds upon the way in which they are developed. If she is permitted to work out her own destiny, without any out- side interference, she will grow along peaceful industrial lines. "We have to look to America to sec, that she is given her chance to develop in that way." Commenting on China's attitude tow- ard the world wr.r, Dr. Wang said: "The thinking men in China knew that the battles being fought in Franc«;' were not fought for the peoples of Europe alone. They knew that China's I destiny was linked with that of the Allies, particularly America, which we regard as our warmest friend. "China felt that she should do her share. One contribution was to send about 200,000 coolies, who were used for various constructional purposes by the Allies. We have sent our quota of men to serve in the Siberian ex¬ peditionary forces. China would have done mora had the enlightened ele¬ ments been m control of the political situation." Expression of Friendship "The 30,000 Chinese who wore enlisted in less than three weeks in the Ameri¬ can Red Cross during that organiza¬ tion's last war drive gave testimony of China's friendship for this country. They chose the Red Cross as the chañ- ! ncl through which to express frieiul- 'ship. They knew that the Red Cross ; had always been first to help our people in time of flood and famine." Definite plans for formation of the Chinese-American Society, to promote | friendly relations, were made at the meeting. A committee of five was ap- pointed to take steps for incorpora tion of the organization. Speakers included John K. Sague, American delegate on the China Tariff Revision Commission; Frank N. Dou- | bleday, of Doubleday, Page & Co.; Dr J Chalien Tour, Chinese Consul in this . city, and Judge Rob«* L. Luce. * Surrender of German Fleet is Imminent Continued from page 1 t.inger, Scydlit?,, Moltke and Von der Tann. ¡ Light cruisers Bremen, Brummer, Frankfurt, Köln, Dresden and Emden. The German cruiser Dresden was sunk off the Falkland Islands by the British fleet under Admiral Sturdee, while the Emden was sunk in the In- dian Ocean after it had raided ship¬ ping in the Far East. It is probable that old ships had been given the names of the ships sunk or that new ships have been built to replace them. Poles Are Thanked For Aid to Allies Message of Congratulations Sent to National Com¬ mittee by Balfour LONDON, Nov. 18..-A. J. Balfour, Secretary of State for Foreign Affairs, has sent, the following letter to the Polish National Committee: "At this moment, when the armistice has set the seal on the united efforts of the Allies in the cause of freedom, his majesty's government is more than ever conscious of the loyal cooperation which it received from the Poles dur¬ ing the course of this cruel war. It is a great pleasure for me to beg you on behalf of his majesty's government to convey to the Polish people a message of our sincere congratulations." -«- 22,000,000 Troops Convoyed by British Only 4,391 Were Lost on Transports During Four Years of the War LONDON, Nov. 18.. During the war 'the British Admiralty transport service conveyed by sea 22,000.000 soldiers, with the loss at sea of only 4,391. More than 1'.0,000,000 tons of naval and military stores and more than 2,000,000 animals also were transported. The British fleet and auxiliary craft grew during the war from a total of 2,500,000 tons to a total of 6,500,000 tons, while the personnel increased from 1 1(5,000 to 400,000. Wlulc in 1916 1(J9 ships were sunk by mines, only twenty-five ships were de¬ stroyed from this cause between Janu¬ ary I and September 30 this year. The salvage department of the navy has succeeded in salvaging 500 ships torpedoed by submarines or mined. Strong Polish State Demanded by Lodge WASHINGTON, Nov. 18. -Senator Lodge, of Massachusetts, Republican leader, introduced a resolution to-day declaring the Senate favors the crea- tion of a strong independent Polish state, with free access to the sea. "An underground movement here and abroad opposes a strong Polish state in Europe," said Senator Lodge. He added that his resolution is in the same terme as Point 12 of the President's fourteen points, and that it "will ¿low that the Senate is with the President." The only access to the sea for Po¬ land, Senator Lodge said, is by way of Dantzig, and if that city continues to be held by the Germans a strong Polish state will be impossible. Mann Back in Congress Illinois Representative Returns After Long Illness WASHINGTON, Nav. 18..Repres- entative Mann, of Illinois, Republican leader in the House, returned to Wash- ington to-day after several months' ab- sence because of illness. He said he had no announcement to make as to the speakership in the next Congress, or whether he would resume the minority floor leadership. *'I never felt better in my life," said Mr. Mann, "but I have no plans as to the future, and will not make any un¬ til I have consulted my physicians, I do not think they will find anything wrong with me." Ship Adrift at Sea; Crew Stricken by Grip Wireless Call for Help Is Sent Off by the Normanby, Helpless in Storm BOSTON, Nov. 18..Officers of the steamship City of Bombay, which ar¬ rived here to-day from India, reported that on Friday, while several hundred miles off the coast, they picked up a wireless call for help from the British steamer Normanby. The message said that all hands on the vessel were ill with influenza and the ship was help¬ less. At the time the City of Bombay was battling a storm of hurricane propor¬ tions and was not able to go to the assistance of the distressed vessel. The Normanby was bound westward from Liverpool. German Finances Scanned by Allies To Fix Indemnity National Debt Now Three- ¡ fifths Estimated Wealth of Entire Country See Heavier Taxes War Cost Kaiser's People $35,000,000,000, With More To Be Paid WASHLNGT0N, Nov. 18..Study of Germany's financial situation has been undertaken by government agencies here with a view to throwing light on the ability of the German nation to pay big sums as reparation for de¬ vastation of invaded countries. Un¬ official reports indicate that Germany's national debt, represented mainly by- war bonds held within the empire, is now nearly $35.000.000,000. or almost three-fifths of the estimated national wealth of eighty billions. Although there has been no official announcement or intimation of the aggregate amount which the Allies will expect Germany to pay, H is certain to run into billions of dollars, and neces¬ sarily the terms of payment must ac¬ cord with Germany's ability to pay. This ability will be measured by the nation's power to revive her peace time industries and trade and to tax these for state purposes. Financial obser¬ vers here say some claims for restora¬ tion and restitution set forth by in¬ terests in a few Allied nations are ex¬ travagant, because they are beyond Germany's ability, even though this is estimated at the highest. May Increase Taxes The victorious Allies will not con¬ cern themselves primarily, it is be¬ lieved, with Germany's redemption of her own national debt, since this is largely internal. Comparatively small amounts of German war bonds are owned outside Germany, and perhaps the largest sums are held by citizens of the United States, former German subjects. Officials here who have known internal conditions in Germanv in the past do not believe the govern¬ ment will repudiate the internal in- debtness, but think that taxes will be made so heavy as to force citizens to turn in their bonds in settlement. In this way the debt would be cancelled without actual repudiation. There is some discussion in official circles of the advisability of the Allies requiring payment of an indefinite amount for reparation, this sum to bo determined in the future by commis¬ sions as the physical reconstruction progresses in Belgium and France and the actual cost of the work become.1', more clearly determined. It is pointed cut that future prices cannot be meas¬ ured accurately at present. Interest on the part of American officials in the subject is somewhat indirect, how¬ ever, inasmuch as -the government expects none of the payment*c to go to its credit. Huns' Burden To Be Heavy Whatever may be the weight of the final burden of reparation and restitu¬ tion to be placed on Germany, the enormity of the task ahead of her may be illustrated by comparison of her national debt with that of the United States. Germanv has 66,000,000 popu¬ lation and $80,000,000,000 of estimated wealth to pay $35.000,000.000 of war debt alreadv created. The United States has 110,000,000 population and an estimated national wealth of $:?50,- 000.000,000 to pay nearly $18,000.00",000 war debt alreadv created, or approxi¬ mately $23,000,000,000 within another six months. This means that, the per capita burden will be at least three times greater in Germany than in the United States. -9-,-.- Davis Formally N cm in a ted Ambassador at London WASHINGTON, Nov. 18..John W. Davis was formally nominated to-day by President Wilson to be American Ambassador to Great Britain, and Alexander O. King, of Atlanta, was nominated to succeed Mr. Davis as solicitor general. ma« 4*# MADÍSON AVENUE = FIFTH AVENUE, NEW YORK Thlrty»fourth Street Thirty--fifth Street The Fur Department 'received amid is prepared to display a pew airad marvel 11 onus collection of /^ Whoice i^Mssifflini consisting off rich, lunstrouis pelts expertly selected arad matched, fromm which gar mm emits of incomparable beauty and elegance will be made to individmial requirements at !09000.00 to $4i The Fur Department is located o an the Third Madison Ave one section. ¿KÄfiiV#i5> Atts-wtlM» ara Prtw | Quality.Sfrviee. H'í Self Dependable | Merchandise at Prices § Ltr-ver Than Any Other Store, hut for Cash Only. This Magnet Pulls You sOur Depositors' Ztc- Ëcount (D. A.) depart- |ment is a distinct and % self-supporting institu¬ tion, responsible as such I; to the State. // is not a él¡cii on the store or its I merchandise. 3 &¿^ (Z&'í'ZS} Pfro.sitor.*' Account û Dépt 'Private Bankers, under the D5 io supervision of the Superintendent of % Banks of the Btatt of New York. | In its splendidly unique II and simple operation it | requires the labor only I of a small staff of clerks. II (As an actual fact we I know of no crédit system hiti, any competing depart- §j ment store even, nearly as |j inexpensive in operation %and maintenance.) Û The Proof Lies in the |j Fact That We Regularly 4 Undersell Our Competi¬ tors 6% At Least, Article %1 For Article. || Absolutely i One Price I to all customers.and we §1 sell only for cash.is a M statement of the fact as 1 it exists in this store. What We Do Through Our D. A. is to place at the disposal ¡of all \A Co-operative [Buying Power j which, through 1 he de¬ posit system, enables our Ij customers to support those | conveniences of the charge account THEMSELVES, for which, under the credit system, they are as¬ sessed by the store. I You Deposit Your Own At 4°/, &Cash ^Charge û the Purchases I Make. You i Yourself For You The Money ¡s I Yours, the System ts á Yours, the Advantages M Are Yours. '^But. I When the credit house m 1 charges you, you pay r ffor. I .the upkeep of the sys- I ten. as the store sees fit to charge for it. Interest on the money the store advances in merchandise. É .For "Bad" accounts. || .Whatever the store i works out of the trans- | action as its additional ¡a | profit. I.Excessive cost of credit ^ H sales due to exchanges |i returns, goods on ap- f! proval, extra deliveries, | etc. I IF YOU CAN PAY YOUR 3 BILLS MONTHLY, YOU I DON'T NEED CREDIT. g IF YOU DON'T NEED 1 CREDIT, WHY PAY IFOR IT? % "He that sells on credit ?A asks a price for what lie H sells equivalent to the § principal and interest of 1 his money, for the time hf 1 is to be kept out of it; |j therefore, he that buys h upon credit pays interest 1 for what h" buys.". 1 Franklin.
Transcript of Konta'sName Lose Half Dreadnoughts by Surrender Often · Konta'sName Often Linked ToBrisbane's...
Konta'sNameOften LinkedTo Brisbane's
£ditor Denied He HadHeard From Konta in
Eight Years
In 1912 He DealtWith Mrs. Konta
Konta's Wife and Son WereInterested in Factory on
Brisbane's Land
(Special to The Tribune
WASHLN'GTON, Nov. IS..Evidence
.f a closer connection between Arthur
Brisbane and Alexander Konta than the
Hearst editor has nitherto admitted Î3now in the hands of a member of theSenate committee investigating Bris¬bane's purchase of "The WashingtonTimes" with money supplied by a poolof German-American brewers.Besides the known intimacy between
Brisbane and Konta's son, Geoffrey,who has served as the former's person-al attorney, this evidence includes therecord of real estate deals with Konta'swife (née Lemp, daughter of theSt. Louis brewer), and of business en-
terprises conducted by Mr. and Mrs.Konta at various times on and near
Brisbane's properties in MonmouthCounty, N. J.The importance of this evidence rests
in its contradiction of a statement made"by Brisbane when A. Mitchell Palmer,Alien Property Custodian, in disclos-ing the relation of Brisbane with thebrewers, gave out a letter from Alex-gnder Konta to Dr. Dernburjr in whichKonta discussed the possibility of en-
listing the aid of German-Americanbrewers in the purchase of one or more
daily newspapers by the German gov-ernment At that time Brisbane saidover his signature in "The WashingtonTimes" that Konta was "a man whomJ have not seen and from whom I havetot heard in eight years."
Two Year3 LaterIt may be presumed, according to in-
¦formation in the hands of a memberof the Senate committee, that by thisstatement Brisbane expected to cover
the sale to Mrs. Konta in December,1310, of the house at 42 West Forty-seventh Street, New York, which is giv-en in the New York City Directory for'1918 as the residential address of bothAlixander Konta and his son Geoffrey.Two years later, however, in Novem-
_er, 1912, the real estate records ofNew York City show, an indenture wasrecorded between Brisbane and Mrs.Konta voiding a previous agreementffi.de at the time of sale of the Forty-seventh Street house, by which Brisbaneretained certain financial rights in re-
gard to a resale.Shortly after this the real estate
deals of Brisbane and the Konta familywere expanded to include the sale toMrs. Konta of thirteen acres of prop-erty on Brisbane's Hempstead, L. I.,estate. This was on May 16, 1912, six&nd a half years ago.
In 1915 further evidence of the Bris-bar.e-Konta connection centres aroundBrisbane's other large holding of coun-try property, the "deserted village" ofAllaire, N. J. The state records atTrenton, N. J., show the incorporation,:<m June 21, 1915, of the Allaire Wood-¡workers, with Mrs. Konta holding seven
shares, Geoffrey Konta, then living atHempstead, L. L, holding two shares,Md Geoffrey Konta's law partner, KarlW. Kirchwey, holding one share.Tie Allaire Woodworkers, Inc., was
» tompany formed to make toys. It:«apied one of the old buildings in the"Verted village" which had been part¦«the flourishing iron foundry for**iîn the olace was famous many years«*>. j
German Toy Makers There»s principal stock in trade seems to
cave been the 6ervice3 of a number1 German toy makers, who were sub-.''-ts of the Kaiser, stranded in Ameri- ¡¦* by the war. IDaring the latter part of the Allaire
Woodworkers' stay on the BrisbaneProperty Alexander Konta, according^ one of these German employes,v,site«i the factory every Friday, bring-."_ the payroll.According to other information, Bris-j«ne spent much time on his Allaire]
Pf'Perty resting and writing. Heihr*d in a house close to the factory.
»he toy factory proved unprofitable,«ere xvtre many changes of manage¬ment, and the company finally moved**.* -of the antiquated old building inAllaire and settled on property in the*W town, Farmingdale. The Board ofTrade of Farmingdale gave the land**"> erected a modern building on a
«...ding-and-loan plan. The entry of.«ötrica. into the war made it more*d more difficult to get lumber and"".fî shipments. Under the resultinguncial «tres», Alexander Konta tookov'i the active management of they*nture. Th«.- Germana arc now practi-*% the only employes.'hi Konta name has been connected
g» Mother curiouH feature of Bris-*.***'» "deserted village" -the Allaire*n> * typical roadhouse.
And the Allaire Innfy» fiepternber 15, 1915, the Allairen. Inc., wan recorded in Trenton, with
£* ««pita! stock divided among Will-¦** Foadick, a satellite of Brisbane; A.f**»l, now dead, and Kmrna Meier. Thej**-- named is described locally as "a"«"»«?keeper for Mrs. Konta," and she^acted the inn for a period under3* Konta':* management. For a time"¦*- Allaire Inn was run as a "temper-****" roadhouse on the favorite Bris-wae..reWefs* ru*e 0f "Ught wines andr*T*" only. To bring more trade, a
**r** amount of money, said to run** «*fe as 118,049, was put Into the
property by the Lemp and Pabst in-Jterests, the grounds were improved andthe road elaborately refenced andlighted.Mrs. Konta retired from the man¬
agement, business continued poor,and a professional restaurateurwas installed. Finally, the prop¬erty was rented to the proprie¬tor of a Scandinavian restaurantin New York, Miss Gerda Simonson.Under her management, with otherbeverages besides wine and beer, theAllaire Inn has done a flourishing busi¬ness, attracting many Germans as wellas Scandinavians.The bulk of the farm employes on
the Brisbane property, some of whichhas been leased,out, are of the Germanrace and consort pleasantly enoughwith the German and Austrian toy-makers still at work in the AllaireWoodworkers' plant.
Senate ReadyTo Bare Deals
Of BrewersContinued from page 1
who have been summoned for the open¬ing session of the hearing, give someindication of the line that the inquiryis likely to take at the start.
Brisbane to Appear LaterAlexander Konta, and Arthur Bris
bane, who have asked to be heard, willbt« given opportunity a little later, aswill A. Mitchell Palmer, United StatesAlien Property Custodian, who exposedthe Brisbane deal.John P. Gardiner, president of the
Pennsylvania State Brewers' Associa¬tion, one of the six men, formerly wasmanager of the organization bureau ofthe United States Brewers' Association.This is the agency through which thebrewers spent the millions they raisedfor beer propaganda. Before the grandjury in Pittsburgh Mr. Gardiner re¬fused to testify, on the ground that histestimony might tend to incriminatehimself. His brewery was sentenced topay $2,300 fine and a fourth of thecosts of the case.about $2,000 more.Hugh F. Fox, secretary of the United
States Brewers' Association, is anotherof the six men called. He also refusedto testify at Pittsburgh, and h& wasactually in jail for a few hours forcffntempt.
Named in Texas Case.John A. McDermott, manager of the
organization bureau of the U. S. B. A.,who also has been summoned, also re¬fused to testify at Pittsburgh. Duringthe hearing of the Texas cases evi¬dence was given as to a "McDermott-Gardiner fund" which contributed an¬nually to the Texas brewers' war chest.
C; W. Feigenspan, president of theU. S. B. A., the man who gathered andmanaged the Brisbane fund, and a con-tributor of $25,000 as his personalshare in making Brisbane "100 per centowner" of "The Washington Times,"has been called, as have also A. J. Sun-stein, treasurer of the ProtectiveLeague of the National Wholesale jLiquor Dealers' Association. andGeorge F. Dieterle, of Cincinnati, mem¬ber of the executive committee of thisprotective league.The following official memorandum
was prepared by Mr. Humes for theguidance of the court in fixing thefines in the Pittsburgh case:"Perhaps one of the best illustra-
tions ;s to be found in the State ofIowa, where a three-cornered agree-ment was entered into with the localpolitical organization of the State ofIowa by Messrs. Andrea (he is theman who gave $42,000 of brewers'money for use by the disloyal NationalGerman-American Alliance), JohnGardiner and A. Sunstein, by the termsof which they were to pay into theIowa campaign fund the sum of $37,-500, and the local political organiza¬tion to raise within the State of Iowaan equal sum. A third of this amount($12.500) was to be paid by Andrea, a
third S12.500) was to be paid by JohnGardiner, of the organization bureauof the United States Brewers' Associa¬tion,'and a third ($12,500) by A. Sun¬stein, and this money was in fact paid."-%.-
Time Zones in U* S.Change After Jan* 1
.*-
Lines Move Westward byOrder of Federal Board
Fixing New LimitsWASHINGTON, Nov. 18..New and
official boundaries for time zones in theUnited States, unifying existing linesand moving them slightly westward,were announced to-day by the Inter¬state Commerce Commission, to be¬come effective at 2 a. m., January 1next. This order is pursuant to thedaylight saving act, which in additionto authorizing advance of the clockduring the summer, provided for per¬manent United States standard time,and required the commission to de¬fine the limits of the standard timezones, which previously had been fixedonly by custom of cross-continentrailroad or by local law.The line fixed by the commission,
separating the Eastern and Centraltime zones, beginning at the GreatLakes, follows the boundary of Michi¬gan through Toledo, Fremont, Clyde,Belle-vue, Monroeviile, Willard, ShelbyJunction, Mansfield, Galion, Marion,Columbus, Lancaster, Dundas, and Gal-lipolis Ohio; Huntington. Kenova andWilliamson, W. Va.; Dungannon, Va.;Bristol, Va.-Tenu.; Telford, Tenn.;Asheville and Franklin, N. C; Atlanta,McDonough, Maçon, Perry, Americios,Albany and Thomasville, Ga.; thenorthern boundary of Florida to RiverJunction and the Apalachicola Riverto the Gulf of Mexico.Between Central and Mountain time
the line begins at the Canadian bound-ary, Portal, N. D., running throughMinot and Goodall, N. D., and followingthe Missouri River to Pierre, S. D., thenthrough Murdo, S. D.; Long Pine,North Platte, McCook and Re-publican Junction, Neb.; Phillipsburg,Plainville, Ellis, Dodge City and Lib-eral, Kan.; Waynoka, Clinton andSayre, Okla.; Sweet Water, Big Springsand San Angelo, Tex., and the 100thmeridian to the Rio Grande River.
Between Mountain and Pacific timezones the line is fixed following theeastern boundary of the BlackfeetIndian reservation, in Montana, and theContinental Divide, to Helena, Butteand Dillon, Mont.; Pocatello, Idaho, andthe Oregon Short Line to Ogden andSalt Lake City, Utah; thence the LosAngeles & Salt Lake Railroad and thewintern and southern boundaries ofUtah to the 113th meridian, thence toSeligman and Parker, Ariz., and alongthe Colorado River to the Mexicanboundary.
All of Alaska is !eft within a singlotime zone, the commission holding thatit cannot deal with this matter» nor
i with the omission of the HawaiianInlands from the terms of the daylightsaving act.
_
To Resume Railroad WorkWASHINGTON, Nov. 18..To allow
work to be (started on railroad con¬
struction delayed by the war the War[industries Board to-day issued an or¬
der giving lumber shipment-* for rail¬roads a priority rating higherthat accorded any other class ofthat accomodules.
com-
Germans Lose Half of Dreadnoughts by Surrender
»!
WITH the surrender of twenty-onewarships, not counting subma-rines, to the Allied navies, Ger-
many has been stripped of more thanhalf of the fleet of dreadnoughts whichwere in commission or under construc¬tion at the outbreak of the war, andnearly all of that nation's battle-crui¬sers. The vessels named in advices fromLondon are the best of their respectiveclasses, and their surrender reducesthe German fleet to virtual impotence.The battleships Kaiser, Kaiserin,
König Albert, Kronprinz Wilhelm,Prinz Regent Luitpold and Friedrichder Grosse are of 24,310 tons each andwere completed as part of the 1910German naval building programme.The Markgraf, Grosse-r Kurfürst and
König are of 26,575 tons displacement.The Bayern is the latest German battle-cruiser of 29,000 tons.The Kaiser and König Albert, accom¬
panied by the cruiser Strassburg, madea cruise to East Africa and the prin¬cipal ports of South America beforethe war.
Battle-Cruisers YieldedOf the five battle-cruisers to be sur¬
rendered by Germany, the Seydlitz, theMoltke and the Von der Tann are of24,600 tons and were completed beforethe war, while the Hindenburg and theDerflinger, the two latest and speediestbattle-cruisers in the German navy,were completed during the war. Bothof them took part in the Battle of Jut¬land.The Von der Tann visited the United
States in 1912.The light cruisers Bremen, Brummer,
Frankfort, Köln, Dresden, and prohablythe Emden, are the very latest of thistype of ships possessed by the Ger¬mans. They are noted for their speedand long range, although possessingvulnerable armors.The appearance of the Dresden and'
the Emden in the foregoing list of light
Six of the battleships given up bythe Germans are of the class ofthe Friedrich der Grosse, shown
in the upper picture, and are
among the, finest ships of theGerman navy. Six battle cruis-
cry, most of them ot the oldertype shown in the lower photo¬graph, have been surrendered.
cruisers recalls to mind the fact thattwo ships of these names have been sunkduring the war. The Dresden was sunkby the British under Admiral Sturdeein the battle off the Falkland Islands,the battle in which the British avengedthe loss of the fleet under AdmiralCradock. The Emden, famous raidercommanded by Captain Muller, wassunk by the Australian cruiser Sydneyin the Indian Ocean, following a stormycareer in Far Eastern waters and thePacific and Indian oceans. ,
Envoys Meet BritishThe German cruiser Königsberg,
which carried the Soviet plenipoten¬tiaries on their visit to the Britishfleet, met the British November 15.The delegates were received the same
night by Vice-Admiral David Beatty,commander of the Grand Seas Fleet,aboard his flagship, the Queen Eliza¬beth, in the Firth of Forth.Representing the Germans were Vice-
Admiral von Meurer, delegate of theSoviets; Admiral von Hipper, who, asformer chief of the Kaiser's high seasforces, met Admiral Beatty in battleof? Helgoland in January, 1915; a Zep¬pelin commander and a submarine com¬mander.Vice-Admiral Beatty has been the
leading figure of the British navy inthe war. He won the first sea fight ofthe war off Helgoland Bight and laterfrustrated a German coast raiding ex¬
pedition, sinking the battle-cruiserBlücher.
He was made vice-admiral at the ageof forty-four. Born in Englandin 1871, Beatty entered thenavy when thirteen years of age,and achieved first distinction withKitchener in Egypt in 1898, when sec¬ond in command of the gunboat flotillawhich went up the Nile after the Brit¬ish forces. He was in China two yearslater during the Boxer outbreak.Beatty was appointed commander of
the first cruiser squadron in March1913 and made vice-admiral August 3,1914.The new ship Königsberg was named
after the German vessel which was de¬stroyed by British monitors in theRiver Rufiji, German East Africa,where it took refuge after a raidingexpedition on July 4, 1915.
Fears AutocraticRule Unless ChinaGrows in Own WayDr. C«, T, Wang Here to
Urge Society to Pro-mote Friendship
Unless China is permitted to work!out her destiny without interference'o^other nations she may develop alongautocratic and militaristic lines, inwhich case, with her vast resources and
population, she would become "amenace to the world's peace," accord¬
ing to Dr. C. T. Wang, leader of theConstitutionalist movement in China,;who came here frcyn Washington to
address a meeting in the City Clubyesterday, at which plans for the '
fcrmation of a Chinese-American So-
ciety were made.Dr. Wang was the Vice-President of
the Senate of the first Parliament, ofthe Republic o£ China."The object of my visit," he said in j
an interview following the meeting, "isto place the cause of China before the
American people in order that theymay help us develop along democratic!and constitutional lines.
People Are Awj^kening"If China were to develop along au-
tocratic lines, then indeed she wouldbecome, with her 400,000,000 popula-tion and vast resources, a menace tothe world's peace. Her people are
gradually awakening. Everything de-ponds upon the way in which they are
developed. If she is permitted to workout her own destiny, without any out-side interference, she will grow alongpeaceful industrial lines."We have to look to America to sec,
that she is given her chance to developin that way."Commenting on China's attitude tow-
ard the world wr.r, Dr. Wang said:"The thinking men in China knew
that the battles being fought in Franc«;'were not fought for the peoples ofEurope alone. They knew that China's
I destiny was linked with that of theAllies, particularly America, which we
regard as our warmest friend."China felt that she should do her
share. One contribution was to sendabout 200,000 coolies, who were usedfor various constructional purposes bythe Allies. We have sent our quotaof men to serve in the Siberian ex¬
peditionary forces. China would havedone mora had the enlightened ele¬ments been m control of the politicalsituation."
Expression of Friendship"The 30,000 Chinese who wore enlisted
in less than three weeks in the Ameri¬can Red Cross during that organiza¬tion's last war drive gave testimony ofChina's friendship for this country.They chose the Red Cross as the chañ-
! ncl through which to express frieiul-'ship. They knew that the Red Cross; had always been first to help our peoplein time of flood and famine."
Definite plans for formation of theChinese-American Society, to promote
| friendly relations, were made at themeeting. A committee of five was ap-pointed to take steps for incorporation of the organization.Speakers included John K. Sague,
American delegate on the China TariffRevision Commission; Frank N. Dou-
| bleday, of Doubleday, Page & Co.; DrJ Chalien Tour, Chinese Consul in this. city, and Judge Rob«* L. Luce.
*
Surrender ofGerman Fleet
is Imminent
Continued from page 1
t.inger, Scydlit?,, Moltke and Von derTann. ¡
Light cruisers Bremen, Brummer,Frankfurt, Köln, Dresden and Emden.
The German cruiser Dresden was
sunk off the Falkland Islands by theBritish fleet under Admiral Sturdee,while the Emden was sunk in the In-dian Ocean after it had raided ship¬ping in the Far East. It is probablethat old ships had been given thenames of the ships sunk or that new
ships have been built to replace them.
Poles Are ThankedFor Aid to Allies
Message of CongratulationsSent to National Com¬
mittee by BalfourLONDON, Nov. 18..-A. J. Balfour,
Secretary of State for Foreign Affairs,has sent, the following letter to thePolish National Committee:"At this moment, when the armistice
has set the seal on the united effortsof the Allies in the cause of freedom,his majesty's government is more thanever conscious of the loyal cooperationwhich it received from the Poles dur¬ing the course of this cruel war. It isa great pleasure for me to beg you onbehalf of his majesty's government toconvey to the Polish people a messageof our sincere congratulations."-«-
22,000,000 TroopsConvoyed by British
Only 4,391 Were Lost on
Transports During FourYears of the War
LONDON, Nov. 18.. During the war'the British Admiralty transport serviceconveyed by sea 22,000.000 soldiers,with the loss at sea of only 4,391.More than 1'.0,000,000 tons of naval andmilitary stores and more than 2,000,000animals also were transported.The British fleet and auxiliary craft
grew during the war from a total of2,500,000 tons to a total of 6,500,000tons, while the personnel increasedfrom 1 1(5,000 to 400,000.Wlulc in 1916 1(J9 ships were sunk by
mines, only twenty-five ships were de¬stroyed from this cause between Janu¬ary I and September 30 this year.The salvage department of the navy
has succeeded in salvaging 500 shipstorpedoed by submarines or mined.
Strong Polish StateDemanded by LodgeWASHINGTON, Nov. 18. -Senator
Lodge, of Massachusetts, Republicanleader, introduced a resolution to-daydeclaring the Senate favors the crea-tion of a strong independent Polishstate, with free access to the sea."An underground movement here and
abroad opposes a strong Polish statein Europe," said Senator Lodge. Headded that his resolution is in the sameterme as Point 12 of the President'sfourteen points, and that it "will ¿low
that the Senate is with the President."The only access to the sea for Po¬
land, Senator Lodge said, is by way ofDantzig, and if that city continues tobe held by the Germans a strong Polishstate will be impossible.
Mann Back in CongressIllinois Representative Returns
After Long IllnessWASHINGTON, Nav. 18..Repres-entative Mann, of Illinois, Republicanleader in the House, returned to Wash-
ington to-day after several months' ab-sence because of illness. He said hehad no announcement to make as to thespeakership in the next Congress, orwhether he would resume the minorityfloor leadership.
*'I never felt better in my life," saidMr. Mann, "but I have no plans as tothe future, and will not make any un¬til I have consulted my physicians, Ido not think they will find anythingwrong with me."
Ship Adrift at Sea;Crew Stricken by Grip
Wireless Call for Help Is SentOff by the Normanby,
Helpless in StormBOSTON, Nov. 18..Officers of the
steamship City of Bombay, which ar¬rived here to-day from India, reportedthat on Friday, while several hundredmiles off the coast, they picked up a
wireless call for help from the Britishsteamer Normanby. The message saidthat all hands on the vessel were illwith influenza and the ship was help¬less.At the time the City of Bombay was
battling a storm of hurricane propor¬tions and was not able to go to theassistance of the distressed vessel. TheNormanby was bound westward fromLiverpool.
German FinancesScanned by AlliesTo Fix Indemnity
National Debt Now Three- ¡
fifths Estimated Wealthof Entire Country
See Heavier Taxes
War Cost Kaiser's People$35,000,000,000, With
More To Be Paid
WASHLNGT0N, Nov. 18..Study ofGermany's financial situation has beenundertaken by government agencieshere with a view to throwing light on
the ability of the German nation topay big sums as reparation for de¬vastation of invaded countries. Un¬official reports indicate that Germany'snational debt, represented mainly by-war bonds held within the empire, isnow nearly $35.000.000,000. or almostthree-fifths of the estimated nationalwealth of eighty billions.Although there has been no official
announcement or intimation of theaggregate amount which the Allies willexpect Germany to pay, H is certain torun into billions of dollars, and neces¬sarily the terms of payment must ac¬cord with Germany's ability to pay.This ability will be measured by thenation's power to revive her peace timeindustries and trade and to tax thesefor state purposes. Financial obser¬vers here say some claims for restora¬tion and restitution set forth by in¬terests in a few Allied nations are ex¬travagant, because they are beyondGermany's ability, even though this isestimated at the highest.
May Increase TaxesThe victorious Allies will not con¬
cern themselves primarily, it is be¬lieved, with Germany's redemption ofher own national debt, since this islargely internal. Comparatively smallamounts of German war bonds areowned outside Germany, and perhapsthe largest sums are held by citizensof the United States, former Germansubjects. Officials here who haveknown internal conditions in Germanvin the past do not believe the govern¬ment will repudiate the internal in-debtness, but think that taxes will bemade so heavy as to force citizens toturn in their bonds in settlement. Inthis way the debt would be cancelledwithout actual repudiation.
There is some discussion in officialcircles of the advisability of the Alliesrequiring payment of an indefiniteamount for reparation, this sum to bodetermined in the future by commis¬sions as the physical reconstructionprogresses in Belgium and France andthe actual cost of the work become.1',more clearly determined. It is pointedcut that future prices cannot be meas¬ured accurately at present. Intereston the part of American officials inthe subject is somewhat indirect, how¬ever, inasmuch as -the governmentexpects none of the payment*c to go toits credit.
Huns' Burden To Be HeavyWhatever may be the weight of the
final burden of reparation and restitu¬tion to be placed on Germany, theenormity of the task ahead of her maybe illustrated by comparison of hernational debt with that of the UnitedStates. Germanv has 66,000,000 popu¬lation and $80,000,000,000 of estimatedwealth to pay $35.000,000.000 of wardebt alreadv created. The UnitedStates has 110,000,000 population andan estimated national wealth of $:?50,-000.000,000 to pay nearly $18,000.00",000war debt alreadv created, or approxi¬mately $23,000,000,000 within anothersix months. This means that, the percapita burden will be at least threetimes greater in Germany than in theUnited States.
-9-,-.-
Davis Formally Ncmin a tedAmbassador at London
WASHINGTON, Nov. 18..John W.Davis was formally nominated to-dayby President Wilson to be AmericanAmbassador to Great Britain, andAlexander O. King, of Atlanta, was
nominated to succeed Mr. Davis assolicitor general.
ma« 4*#MADÍSON AVENUE = FIFTH AVENUE, NEW YORK
Thlrty»fourth Street Thirty--fifth Street
The Fur Department'received amid is prepared to display a pew airad
marvel 11onus collection of
/^
Whoice i^Mssiffliniconsisting off rich, lunstrouis pelts expertly selected aradmatched, fromm which garmm emits of incomparable beautyand elegance will be made to individmial requirements at
!09000.00 to $4i
The Fur Department is located oan the ThirdMadison Aveone section.
¿KÄfiiV#i5> Atts-wtlM» ara Prtw |Quality.Sfrviee.
H'í Self Dependable| Merchandise at Prices§ Ltr-ver Than Any Other
Store, hut for Cash Only.
This MagnetPullsYou
sOur Depositors' Ztc-Ëcount (D. A.) depart-|ment is a distinct and% self-supporting institu¬tion, responsible as suchI; to the State. // is not aél¡cii on the store or itsI merchandise.3 &¿^ (Z&'í'ZS} Pfro.sitor.*' Accountû Dépt 'Private Bankers, under the D5io supervision of the Superintendent of% Banks of the Btatt of New York.
| In its splendidly uniqueII and simple operation it| requires the labor onlyI of a small staff of clerks.II (As an actual fact weI know of no crédit systemhiti, any competing depart-§j ment store even, nearly as
|j inexpensive in operation%and maintenance.)Û The Proof Lies in the|j Fact That We Regularly4 Undersell Our Competi¬
tors 6% At Least, Article%1 For Article.
|| Absolutelyi One PriceI to all customers.and we§1 sell only for cash.is aM statement of the fact as1 it exists in this store.
What We DoThrough Our D. A.is to place at the disposal¡of all
\A Co-operative[Buying Powerj which, through 1 he de¬posit system, enables ourIj customers to support those| conveniences of the chargeaccount THEMSELVES,for which, under thecredit system, they are as¬sessed by the store.
I You Deposit Your OwnAt 4°/,&Cash
^Chargeû the PurchasesI Make.
YouiYourself For
YouThe Money ¡s
I Yours, the System tsá Yours, the AdvantagesMAre Yours.
'^But.I When the credit house m1 charges you, you pay rffor.I .the upkeep of the sys-I ten. as the store sees fit
to charge for it.Interest on the moneythe store advances inmerchandise.
É .For "Bad" accounts.|| .Whatever the storei works out of the trans-| action as its additional ¡a| profit.I.Excessive cost of credit ^H sales due to exchanges|i returns, goods on ap-f! proval, extra deliveries,| etc.I IF YOU CAN PAYYOUR3 BILLS MONTHLY, YOUI DON'T NEED CREDIT.g IF YOU DON'T NEED1 CREDIT, WHY PAYIFOR IT?% "He that sells on credit?A asks a price for what lieH sells equivalent to the§ principal and interest of1 his money, for the time hf1 is to be kept out of it;|j therefore, he that buysh upon credit pays interest1 for what h" buys.".1 Franklin.
