St. Louis Post-Dispatch
May 23, 1929

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* 31. LOUIS POST- DISPATCH SPORT FIN TODAY WEDNESDAY LONDON PM MAY 22, 1929, Pull Pope in:Cue of de the Sunday Post-Dispatch 2 WORDS You OH NO ep! NOT QUITE SIR. BUT CHARz I MUST LEAVE “YES SIR. ' ? : : eS | tithe , A a4 VIL hha AA, « ’ — ao « Es, _— vam IS VERY IMPORTA AND AT ONCE? a ' wes 4 ——————- Apord as $45,000,000 ’ 2 “4 ‘ T AS I THOUGHT; WHEELS WONT 99 ROUND. | i York stock exchange today. Boveries in most of the active 1 Bh final =a" fMoads 1 point and 20 utilities nae —— * ihe - ei s as a Full Page in One of the ns of the Sunday Post-Dispatch “Fis Down $45,000,000. #rettenauce of the 514 per cent Some of the Recoveries. Fon during the m®. *88 readily absorbed, and ED HIM “TO DINNER = COULON'T STAY NY MOORES “HES GOT TO SIE AN PREYS fick SLUMP ; h : of Yesterday’s De- - & ‘ $ ’ ; & > ik we & Meu | Under Last Week. * SEP RARER REG U.S PAT OFF The Only Evening Newspaper in St. Louis With the Associated Press News Service sd) ST. LOUIS, THURSDAY, MAY 23, 1929—44 PAGES. pi aly DAY FROM a Tn ine Wiped Out — Re- }aweries in Active Issues spISCOUNT RATE. [BAT 5 PER CENT LOLOL a CE andl YORK, May waning recovery in stock prices a wiped out many of yeste?- declines, took place on the ds es to 12 points, generally ~ ranged from 2 quotations a the high levels of the day. he average closing price of 60 rial stocks rose 5 points, 20 } points. | er call money, Which held | at 6 per cent all day and | sin plentiful supply in the. de markét” at 5 1-2, was an} mrtant factor in the duy’s buy- ’ Movement. Reports that sev- | Hef Wall Street's large opera- Miad covered extensive short pet stock in the last two duys Mwited the recovery, with the Mutilities giving one of the impressive demonstrations of Wp strength. 2 Mas to brokers and dealers by New York Federal Reserve wer banks for the week end- ay 22 were announced by ‘Federal Reserve Board after fof market today as $5,520.- wit, representing a decrease of p00,000, as cOmtpared with the Beading week. KENTUCKY BOY, 6, CONVICTED OF MANSLAUGHTER BY JURY Paintsville Child Got Father’s Shotgun and Killed Playmate, 8 — Sent to Reformatory Until He Is 21. By the Associated Press, PAINTSVILLE, Ky., May A jury here today found Car! New- ton Mahan, 61$-year-old son _ of John Mahan, railroad fireman, guilty of a charge of manslaughter for the killing of his 8-year-old playmate, Cecil Van Hoose, follow- ing a quarre] over a piece of scrap iron. The boy was sentenced by Judge John W. Butcher to serve until he is 21 tn the reform school at Greendale, Ky. John Wheeler, defense attorney, announced he would file motion for a new trial. According to Mahan’s story of the shooting, he and Van Hoose were hunting for scrap iron to sell. Mahan found the prize piece of the hunt and Van Hoose took it away from him, being older and strong- er. Mahan, it is charged, went into his home, stood on a chair to get his father’s shotgun off the wall and shot Van Hoose to death, When the trial opened today the non én @ .-- defense, evidently fearing that the Judge planned to send the boy to reform school, demanded a jury trial. The demand was granted. Mrs. Mary Fitzpatrick testified that from her back door she heard Mahan tell Van Hoose that if he did not give up a piece of iron he would kill him. She said Van Hoose held fast to the iron and Mahan cried out that he would get agun and shoot him. Mrs. litzpat- rick said she paid no more atten- tion to what she thought was a childish quarrel until five riinutes later she heard the report of a gun. Van Hoose was running from the yard and she went to the door and she overtook him and helped put him into an automobile. He was taken to a hospital where he died. Paul C. Hager, called as a wit- ness, said he asked Mahan why he had shot his playmate and the boy answered that Van Hoose had struck him and that he (Mahan) meant tod kill him. GETS $379,000 IN GOODS POSING AS ENGLISH DUKE ‘‘Dr. Charles Maitland”’ Ar- rested at St. Petersburg, Fla., for Obtaining Mo- ney by False Pretenses. Associated Press. PETERSBURG, Fla., May known as “Dr. Charles By the ST. 2£3.—A man EXmerson Maitland’ who also posed | as the “Duke of Sutherland” Was | in the city jail today, accused of $375.000 in house fur- merchants for Snelle Isie obtaining nishings from gorgeousiy appointed apartment, The man, who was cnarged with his obtaining money under false pre- | | istrike May 1 STONE CUTTERS END STRIKE. OLD SCALE ACCEPTED First of the Building Unions to Call Off Walkout — Men Will Resume Work Tomorrow. L'nion stone cutters, who went on when ifor a wage increase of 29 cents an by employers, at refusea will return to work tomorrow the old scale, $1.25 cents an hour. Leaders of the union agreed _ to withdraw the wage demands of the 150 stone cutters at a conference with employers yesterday. ‘The set- tlement was confirmed today by hour was their demand | } } j } | employers und by Alfred von Arx,} , ifrom St. Louis yesterday, was -hot president of the union. Orders for Sis of the loan report re-| tenses, from his cell, asserted thut] cyt stone ave been accumulating ed loans for own account de-! Bed $33,000,000 and lkcans for Mint of out-of-tuwn banks fell 00,000, while loans for ac- Bt of others rose $63,000,000. iit rate by the Bank of En- isirengthened hopes that no me Would be made in the New arate. With sterling around the import” point any advance Probably will be preceded by meer London rate in order to ment a drain on Great Britain's Meupply, Many brokers actu- PWelcomed an increase in rate (et ground that it was better tit over with and the un- my removed rather than to prospect of a high rate maethe sword of Damocles F me market. ss @nnounced after close of mati that no change was madc MS per cent rediscount rate. Me News Largely Faverable. ey day's trade news continued ¥ favorable. Additional in- > “ere announced in the ~ * crude oil and gasoline, di- = Of Packard Motors recom- ee & 6 for 1 stock split up. holders of By-Products Coke da split-up $f stock and a ™ Cent stock dividend was de- On Borg Warner. The only vorable development was the B that the Paris reparations = tC@ Was threatened with > W8S considerable nervous forenoon, ™ efforts in the afternoon fompletely unsucccssful. “Wealth Power ran up — American & Foreign mu American Power & Light f American Water Works, ™ Gas, and several others Mints, Electric soared 10 UMbia Graphophone 9, leal 8, und Packard » U. S. Steel common, Can, Radio, National i tr, Chesapeak: & Ohio » *Ork Central closed with % four points or more. Was relatively light in , * day's sales falling be- 900 shares. a exchanges were slight- : ve a8 4 result of the © feparations news. * Cables dipped to $4.84 7-8 W the generally accept- import" point, and ree a point or so took © other European cur- prices with market news On pages 35, 36 F tables ‘ . found Stock and “everything would come right."’ Maitland merchants as the head surgeon of eight European agd California hos- pitals. He also claimed to be a member of the British aristocracy, the Duke of Sutherland. At psy- chological moments, during shopping expeditions for art jects, Oriental rugs, diamonds and tapestries, he that his bank deposits in this coun- try alone totalled $19,000,000. The merchants were more than convinced. So much = so, in fact, that one rug dealer who parted with Oriental rugs valued at $80,- 000 also lent the doctor $200. Maitland bought diamonds valued at $25,000 from a 5Bdt. Petersburg jeweler and_ several thousand dollars worth of furni- ture from a Tampa dealer. A great variety . of musical instruments and an expensive town car also came his way without initial pay- ments. When the merchants de- manded cash, Maitland told them his business manager in Los An- geles, was on his way to settle tor everything in full. W. L. Hardin, the business man- ager, however, wired police that Maitland had obtained = various sums of money from him under pretense he was heir to a vast estate, and last night Maitland went to jail. represented himself to . illS $2,000,000.000 MONEY ISSUE FOR U. S$, ROADS PROPOSED Building of Great Federal Highway System Provided for in Bill by Brookhart, By the Associated Press. WASHINGTON, May 2.—Con- struction of a great Federal high- linking the Afiantte and Pacific and the North ard South and built from funds rived from an issue by the Treus- ury of $2,000,000,000 in way system out alli during the strike, as none of | the local concerns hus oltempted to op- /erate on the open shop plan, and i ' | | | Ob-=- | | Herbert mentioned casually | ‘announced today. de- paver | money was proposed in a bill in- | troduced today by Senator Brock- | hart (Rep.) Iowa. The syster would include the following routes. | Krom a point on the Lakes to a point in Oregon on the ~acific Coast. From. -Portland, Me.. to Seattle, Wash., by way of Chicago. From Boston to San Francisco, by way of St. Louis, from New York to Los Angeles, Cal.. from Washington, by way of Richmond, Va. through Tennessce and Arkansas to a point in Oklaho- mo, from New York to Jackson- ville, Fla., following the coast and from a point on that route near Jacksonville to Brownsville. Tex.. following the coast of the Gulf of Mexico. From the terminal in Oregon of the first route to Los Angeles following the Pacific coast, ¥ Great | ‘shops wil! reopen at maximum Cu- pacity. Union iron workers and building laborers, who also went on strike May 1, have been negotiating with eluployers. iron workers today early settlement of Itivers, international the taborers’ predicted an resentative of A representative of the | | Louis suburb. the difficulty. |} rep- | union, | is conducting negotiations for that | Another has been organization. with employers tomorrow. The 700 iron workers, receiving $1.50 an hour, usked an increase of $2 a day. Laborers, numbering 3500 men, demanded a flat scale of 90 cents an hour, in place of To cents and 87% cents, The strike has interrupted the building program here to the ex- set ‘tent that loca! planing miills have of carpenters about 40 per vepresentative The strike also affected other building work- men, who have been unable to pro- ceed without the services of the strikers. CLOUDY TONIGHT, SHOWERS LIKELY; COOLER TOMORROW THE TEMPERATURES. ee Aare ow sae reduced their force and cabinetmakers cent, a miillimen’s — ‘ » Mm, Yesterday's Dp. m.): low ae 10:8. m.) EF Official fore- “ast for St. Louis and vicinity: Mostly cloudy to- night and tomeor- row. probably with showers; cooler tomorrow. CANADA HAS Out ORY AGENTS 1 RUFFALOED night and tomor- row, probably With ‘ooler portion and in east and south portions tomorrow. Illinois: ly cloudy, prob- ably with show- ers in north por- tion tonight, and in south portion tonight or tomor- row: cooler in north and central portions tonight, and in south por- tion tomorrow. Sunset 7:13, sunrise 4:41. Stage of the Mississipp!, fect, a fall of 2.0. north tonicht in Most- (tomorrow) 30.0 has | - Agricultural meeting | tor | AMPLIFIER CARRIES WALES’ WHISPER ABOUT BEING BORED Prince’s Aside to Duke’s Pro- posal of Toast Gets Laugh at Luncheon. May who England, of Wales, flew here from Lendon yesterday, created a hearty laugh at a lunch- NOTTINGHAM, 23.—The Prince eon in his honor while the Duke of Portland was proposing a toast. “The Prince has often to long’’—began the Duke. oi and boring speeches,” terjected the Prince in a lorgetting that an amplifier placed in front of him. Eiveryone burst out laughing us lide | | to listen | whisper. | Was | t | the interpolation of the Prince re-| sounded through the room. ' The! Duke was a good sport and smil-| ingly chimed in, “that is what I Was going to say.” THEODORE ROOSEVELT TO TAKE GOVERNORSHIP OF PORTO RICO } Brother Says He Will Accept; Ap- | pointment to Succeed Town- er Will Follow. By the Assoviated Press. WASHINGTON, May 23.—The- odore Roosevelt Jr. will be ap- pointed Governor of Porto Rico to succeed Horace M. Towner, since Roosevelt has accepted the ap- pointment which was. tendered some time ago. Inquiry as to the for- mer Assistant Secretary of the Navy would take this place was made of his family some time ago, and relatives conmmunicated with him in the wilds of China. He and his brother, Kermit, have been there on a scientific expedition for the Field Museum. Dispatches from Shanghai today said Kermit Roosevelt had ar- rived there with word that Theo- would accept the appoint- Ife said his brother other members of the were Planning another hunting at Saigon before ing to the United States. BANK TELLER SHOOTS ROBBER whether aore ment. month's PRICE 2 CENTS POWER FIRM HEAD. SUGGESTED IDEA UF MOBILE PRESS T. W. Martin Was Dissatis- fied With Attitude — of There, At- torney Testifies. Newspapers J. F. M7GOWIN LENT $100,000 FOR IT Subject Came Up at Con- ference of International Paper and Alabama Pow- er Officers. By the Associated Press. WASHINGTON, May 23:—Thom- as M. Stevens, at- the that A la.. before Commission a Mobile, testified today Trade torney, Federal | the first discussion of the establish- and expedition returne | | | AND FRUSTRATES HOLDUP | Wounds One of Two at Indianap- Olis Depository; Bonds Stolen in Maplewood Recovere:t, By the Associated Press. INDIANAPOLIS, May 23. — A robber who said he was J. C. Jack- son, 32 years old, of Iver, La.. was shot today in an unsuccesful at- tempt to hold up the Fountain Square State Bank. Lle is serious- ly wounded. His coimpanion-= es- caped in an automobile. Jackson, who said he came here by Val F. ter, while Schneider, a paying tel- he was grappling with William) Nacknehorst, president of the bank. Police said they found $1693 cash and three $1000 bonds Jackson's possession. Police said bonds tound son's possession Maplewood Wn came from Citizens’ Dank, Was robbed At a according ndmitted Which several wecks where he was authorities, J: had been in: Louis, azo. to {nl-~ taint Nh, rckson The Citizens’ National Bank of Maplewood was held up last March 28 by three men who took four $1000 bonds and $190,617 in curren- cy. The bank has been compcn- Sated for its loss. Proceedings to recover the securities probably will be undertaken the American Surety Co. JAPANESE BEETLE FOUND IN WHITE HOUSE GROUNDS by Specialist Places Chemical Traps to Lradicate Pest. | By the Associated Press. “5, Courtney, a ‘+ )} culture . ithe WASHINGTON, May: 23.—No respecter of persons or places, the Japanese beetle has made its Into the White House grounds. Steps have been taken by O, Department of specialist, to Courtney discovered the KK. pest. | testified, ‘led to the mecting in in | | fisher ‘t.| Chandler and J. I’. i bile hospital | he | recent holdup in St. | ment of the Mobile Press occurred conference Alabama and the Internationa] Paper Co. on industrial develop- ments in Mobile. Appearing in connection with the in eonnection with a between officers of the Power Co. commission’s inquiry into reported investments of power companies in Alabama newspapers, Stevens outlined in his testimony the nego tiations preceding the founding of the Press which began publication last April 15. In conference the course of a between executives and engineers of the paper company and the Ala- bama Power Co. on un_ industrial in Mobile, discussed development program Stevens testified he had the establishment of another news- paper in that city at a luncheon with Thomas W. Martin, president of the Alabama Power Co. He said Martin at that time expressed dissatisfaction with the attitude of the Mobile newspapers. At the suggestion of Martin, Ste- vens said he arranged for a con- ference with Victor Hanson, of the Birmingham News and Age Her- ald, in an effort to find a publish- er for the proposed Mobile paper, Iflanson Jater told him, Stevens that he had a man he to recommend and this Hanson's of- with R. B. Chandler, now pub- of the ress. Stevens declared that he had not sponsored the negotiations betweels McGowin, Mo- lumberman and capitalist, which led to the latter’s agreeing to lend the publisher $100,000. In his appearance before the commis- sion Chandler refused to make the was ready fic: ‘name of his: backer public but gave ‘it in confidence to the commission. ' through i ciated McGowin, however, on May 21 in. a letter published in the press disclosed that he had agreed to lend $100,000 to Chandler. Stevens, however, testified that Chandler had met McGowin him and that later the publisher had suggested that Ste- vens mention the question of a loan to the lumberman. The wit- ness added that he had told Chand- ler to do this himself. The witness declared he had never been asso- with the Alabama Power Co.. but was the attorney in Mo- ‘bile of the International Paper Co. | He said. under questioning, that he i was not familiar with the paper ‘company’s parent concern, the In- ' ternational Way Power Co. i. and Archibald Pauper and had never met 'Graustein, president of that com- pany. Agri-| exterminate beetle during an inspection of the’ shrubbery and chemical traps were “| placed on the grounds to aid erad- ication. Although has been the beetle reported in tions in the Last in recent the nutional capital and its merous parks have been compara- tively tree of the pest. Japanese MRS, JULIUS ROSENWALD DIES Missowu rt 7] Mostly cloudy to- | | Wile of showers: | } By FOLLOWING A LONG ILLNESS | Louis of | into Chairman of Board Sears, Roebuck & Co. Suc- cumbs in Chicago. Assuctated Press. CHICAGO, May 23.—Mrs. Julius Rosenwald, wife of the multimil- lionaire philanthropist, died today at her home after a long illness. Mrs. Rosenwald had been in ill health much of the time since 1926 when she underwent . two operations for stomach disorders. A year ago she was taken il! again. but apparently had recovered until stricken a few weeks ago. Mrs. Rosenwald devoted much of her time to charitable work and was a leader in Gir! Scout activities. She was married to Rosenwald in 1899. She was baum of Chicago. the various sec- | years. | nue | Sane : 'Afcasure Benetiting Entire Person- Stevens said that in conversa- tions Martin told him the Alabama Power Co. did not consider it wise or sound policy to invest money in i newspapers. f ' j ; | | | | | | Augusta Nus- | ated and supported STATE SENATE APPROVES POLICE PENSION PLAN FOR ST, LOUIS nel Already Passed by House; Now Up to Governor. Special to the Post Dispatch, JEFFERSON CITY. May The Senate today passed the St. police pension Dill, putting effect ua pension system for the entire personnel of the depart- ment. The measure was passed by the Hlouse several weeks ago and now awaits action by the Governor The pension fund will be cre- by smal] pay ments by each policeman, the amount varying according to ‘he age of the individual, and by con tributions by the city. It has bee: an =a. estimated that the cost to the city will be approximately $415,000 .a vear for 20 years and that after th t time the city’s contribution gradually will decrease. Acceptance of the pension Sys- tem is optional] with present mem- bers of the department, but those who join the department will be obliged to accept it. ONE GERMAN DELEGATE QUITS, BUT SCHACHT STILL ES FOR SETTLEMENT Queene MISS BOARDMAN INDICTED IN $2000 INCOME TAX FRAG Actress Paid U. S. Only $4200 for Three Years, Bill Alleges—Is 13th Named in Hollywood. SIMILAR CHARGE AGAINST HUSBAND King Vidor Gave Govern- ment Fourth or Half of Amounts Due, Informa- tion States. By th2 Associated Press. LOS ANGELES, Cal., May 23. The natnes of Eleanor Boardman, motion picture actress, and King Vidor, her husband, and a film di- rector, added today to the list of Hollywood persons by the Government of their income tax obliga- were growing accused evading tions. It was expected that Miss Board- man Vidor would report court today. A Federal grand jury yesterday indicted the actress on a charge of evading income tax payments during 1925, 1926 and 1927. At the same time an information was filed in Federal Court accusing Vi- dor of similar evasions in 1925 and 1926. Counselor Previously Indicted. Miss J. Murjorie Berger, Holly- and in wood income tax counselor, previ- ously had been indicted on a charge of having prepared a fulse incOmme tax return for Miss Board- man and Vidor for the year 1926. Miss Berger had been named in five federal indictments lately on charges of having prepared false returns for motion picture stars The indictment against Miss Boardman charged: that for 1926 and 1927 she prepared her own re- turns and paid taxes of $1522 and $989 on incomes of $52,177 and $46,916, respectively. The Govern. ment charged that the tax paid represented only one-fourth to one- half of the amount actually due. Miss Boardman's income for 1925 as set forth in the indict- ment was $41,826. Miss Berger was alleged to have wrongfully figured the tax at $1500. Vidor’s income for 1925 was fig- ured by the Government at $141,- 124 and $88,360 for 1926. For the respective years he paid taxes of $2222 and $895. The information alleges the tax paid represented only 25 to 650 per cent of the amounts due. A problem in domestic account- ing—just how to classify a $1200 bet on a prospective addition to the family—provided one of the humorous details of the charges against Vidor. Wager Over Baby Deducted. Examination of the income tax returns involved in the informa- tion disclosed that Vidor, prior to the birth of a child in the family, bet Sainue!l Goldwyn, the tilm pro- ducer, $1200 that the baby would be a boy. ‘The baby was a girl. The $1209 bet, in the return, was deducated, Federal offjcials said, from the gross income as exempt from taxation. Less than two weeks ago Mix was indicted, while a_é short time before names of 11 others, most of whom are prominent on the screen, were disted in charges of fraud filed against Miss Berger and Edward H. Hayden, another income tax expert. Mix, along with Miss Derger, was aecused of evading full payment of tuxes on incomes which reput- edly averaged nearly $400,000 an- nually for 1925. 1926 and 1927. Torm With him were named his brother- | in-law, Eugene J. lorde, whom the grand jury said was falsely listed as the cowboy actor's agent, and John D. Hill. publicity agent, who was charged with con- spiracy. More names of aco the tod La than a month William Haines. Rocque. Dorothy Mackaill, Ilred Niblo, Raoul Walsh. Ramon No- varro, George O'Brien and others were listed in Indictments against Miss Berger and Hayden growing out of tax returns prepared by the so-called experts, but the actors named were not indicted. | ’ ) business | ACCUSED OF U. S. TAX FRAUD IN HOLLYWOOD ELEANOR BOARDMAN. KING VIDOR. TWO MORE OIL WELLS BROUGHT IN AT DUPQ Each Estimated at 300 Barrels a Day—Eleven ‘Shot’ So Far. Two more oil wells estimated to be capable of producing more than 590 barrels a day each were brought in yesterday in the newly developed Dupo, IIL, field, 10 miles south of Last St. Louis, causing conservative oil men to declare the field appears twice as productive as they considered it a few weeks ago. Although four wells of unexpect- ed capacity have been brought in recently, they are not being pumped to the limit, owing to lack of marketing facilities. MHquip- ment for withdrawing about 250 barrels a day is being installed. Seven wells wers producing up to 200 barrels a day, May 9, when the S8t. Clair County Ga (Ce. brought in an 800-barrel well in an unproved field. The ninth pro- ducing well was broughtin Sunday by Morris & Yeager of Terre Haute, Ind., who shot another well yesterday an hour after Arthur Pratt of the Ava Oil & Gas Co. of Murphysboro, lil, shot a osV0- barrel well. The Pratt well is on the Dupo High School campus and members of the Board of Educat: n forese? a reduction in school taxes from their royalty of one-eighth of the production. The smaller wells drilled into the Kimmswick limestone 40 feet, but the more had been better flow at this elevation equivalent to uncovering a new field. oil men explained. Prospects of another good well which will “‘shoot’’ its fifth tomorrow. More than 1000 persons, from St. Louis, witnessed the tonation of 160 quarts of nitro- giycerin in each of the wells yes- terday. <A second flow of oil after the explosion wreci.ed the drill at the Morri. & Yeager well. Oil is being carried to the Twu- brite Refining Co.'s plant at bast St. Louis through a pipe line, con- structed at a time when production of the field was estimated at about 1000 barrels a day.. Construction of a larger line to the pipe lines from Texas to New Jersey which cross the M.ssissippi River at Wood River, is being considered. Mediterranean Fly in Texas, By the Associated Press AUSTIN, Tex. May 23.—The Mediterranean fruit fly has invaded Texas, George B. Terrell, State Commissioner of Agriculture, an- nounced today. ”/VOEGLER OF STEEL GROUP GIVES UP HI POST IN PARIS Dissatisfied With Young Reparations Proposal Which His Chief Thinks May Yet Be Modified. SUSPENSION CLAUSE INSISTED UPON Berlin Spokesman Objects to Allied Insistence on $588,000,000 Dawes Plan Annuity This Year. By the Associated Press, BERLIN, May 23.—Dr. Albert Voegler, colleague of Dr. Hjalmar Schacht on the German delegation to the experts conference on re- parations at Paris, resigned today. The Government will accept his resignation. Dr. Voegler returned unexpect- edly from Paris yesterday, preced- ed by reports that he wus dissatis- fied with reparations proposals put forward by Owen D. Young, chair- man of the gonference, andwould refuse to sign a settlement based on them, Dr. Voegler informed the German Government several days ago that he desired to be relieved from his reparations mission as he did not consider that the concessions which his colleague, Dr. Schacht, thought possible were acceptable to Ger- nan business and industry. It is understood that his res- ignation then was couched in such terms that Chancellor Mueller and Foreign Minister Stresemann, in a conference with President von Hindenburg yesterday, thought he could be persuaded to remain. Consequently a hurried Govern- ment press communique was is- sued denying his resignation. Overnight the situation changed, however, in that the counter pro- posals of the allies became known. Dr. Voegler then decided that un- der no circumstance was there any point in continuing discussions with the opposing group. He therefore yielded his place to Dr. Ludwig Kastl, executive secretary of the League of German Industrialists and hitherto the third German delegate at Paris. Schacht Still Hopeful. Dr. Schacht, like Voegler, is un- derstood here to consider the al- lied counter proposals impossible of acceptance in thelr present form, but it is reported that he inclines to the vie that by bargaining some sort of a compromise may even now be found. Dr. Voegier and those behind him consider this hopeless. Dr. Voegler today confirmed in writing his oral decision to with- draw. The text of his letter to the German was not available tonight, but he doubtless declared he was unable conscientiously to agree to oil-bearing | only about) recent and | larger wells have been sunk one TR q } 1g ry" Cc Ve , | m : s | are conside- | ee a Ou C | judicial ered excellent by the Ohio Oil ee alae at S€il! any | MANY | tung dee | the allied counter-proposals to ex- tend payments of reparations be- yond 37 years or to the safeguard clauses as amended. Stecl Influence Denied. Official spokesmen said his de- ently and the that impression it | was due to pressure from heavy in- dustrial interests was highly pre- to German understanding Voegler is director-gen- eral of the United Steel Works. The Deutsche Allgemeine Zel- organ of the industrialists, supports this position. It charac- terized as “‘pure swindle’ asser- tions elsewhere that Dr. Voegler’s withdrawal was due to “revolt of the Ruhr magnates.” On the other hand, the Vossische Zeitung an dthe Tageblatt madé definite accusations against the Ruhr industrialists for having put “enormous business and social preasure upon Dr. Voegler, who is on the directorates of the whole range of industrial concerns.” The <Acht Uhr Abendblatt con- demns Dr. Voegier’s withdrawal. It said the withdrawal was precipitate he should have awaited the text of the creditors’ reply to the report an dthe German res- ervations, and superfluous because because | the German delegation as a whole Continued on Page 3, Column 2. ; cicheanipanemeritineeateeedianrpeemeananatin “ : vs as A . ao frees 7 Pee ryt em A ar aa as aac a 7 — _ —s a a el eal “ — fn = aan ae ar aman: ew nana sattincctmantin . se . hte a sinning RE ANAL AAR GEE AT Ae RAMS BTR EO! 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