DESIRED FLEET TO COST BILLION i pkeep of Navy Planned Would Be $760,000,000; l". S. Should Prepare Special to the Telegraph 1 Nvuflhington, D. C., March 9. —I Approximately a billion and a half dollars lor new ships and an annual j upkeep charge of $760,000,000 is; what Admiral Fletcher, commanding lhe Atlantic fleet, estimates It would j cost to carry out the Navy General j Hoard's recommendation that the Am- j erican navy should equal the most powerful fleet afloat by not later than 192">. The admiral's estimate was given i in testimony before the House Naval Committee. Representative Calla way, who brought out the statement j ■ ailed attention to published reports j t hat Great Britain had added nearly | a million tons to her fighting ships j since the war began. He asked if the situation was not "hopeless." Admiral Fletcher thought not, add ing' that judging by its great wealth, the United States could well afford to give its interests the same protection) that other nations thought necessary. Representative Hensley asked if a lace in building warships or in any other military preparation between two nations had not invariably led to war. Admiral Fletcher said no, and expressed the opinion that failure to prepare was merely making certain that a nation must surrender its rights. Foresees Coming End of War Representative Callaway asked if it was not reasonable to assume that lhe European war would end within 1 it year or a year and a half at most, j Admiral Fletcher thought it would,! and added that he believed the close ; of the war would see the greatest op portunity in history for the success of an international disarmament or limitation of armament agreement. .He insisted, however that the United j Slates could not afford to put off its! navy building on that account." Water Power Opened to Private Capital by Bill Special to the Telegraph Washington, D. C., March 9.—The! Senate last night after four weeks of | debate passed the Shields bill to pro- | vide for development of water power in navigable waters by private capital. The vote was 46 to 22. Conservation champions fought hard to amend the ! measure, but without avail. Several j Senators voted for the bill who had j opposed It during the debate. As adopted the bill permits the construction of dams in navigable waters under licenses Issued by the Secretary of War, and gives grantees the right to operate power plants for fifty years, after which time the Fed eral goverment may take over the plant, after giving two years' notices \ and paying a fair value to be deter-1 mined by the Secretary of War and j owner or by proceedings in the: Vpnited States courts. Regulation of rates and services is j placed with the States in which the | plants are located or, if interstate j commerce .is involved, with the Inter-J State Commerce Commission, on ap-! peals when the States Involved are | unable to agree on reasonable rates . and adequate service. The bill also provides that no works shall be operated in any combination j to limit the output of electric power | or in restraint of trade. Dr. W. L. Rodman, Who Held Highest Honors in American Medicine, Dies Special to the Telegraph Philadelphia. March 9. Dr. William I L*>uis Rodman, one of the foremost surgeons in America, died last veiling at lilh home. 2106 Walnut street, after j an illness of only a few days. Death i was caused by pleurisy. Dr. Rodman was president of the American Medical Association, a body representing almost 80,000 physicians in this country. He also was profes- : .-.iir of surgery at Medico-Chirurgical < 'allege and professor of the principles I «>r surgery anil clinical surgery at the W omen's Medical College. Many dis tinguished honors had fallen to Dr. j Rodman. Me is survived by a son, Dr. John Stewart Rodman, two daughters. Miss Virginia Rodman and Mrs. bin coin Godfrey. Jr.. who was Miss Mary \ Yandell Rodman, and his witjow, who ! was Miss Betty t". Stewart, daughter \ of Dr. .T. Q. A. Stewart, a distinguished i alienist of Kentucky. Man Who Killed Son Is Sent to Pen For 20 Yrs. Special to the Telegraph Lebanon, Pa.. March 9. John j Miller, of this city, who in a drunken I frenzy June 5, shot and instantly kill ed his son. Cyrus Miller, 21 years old, j in lite Miller home here, was yestcr-j day sentenced by Judge Henry to the ' Kastern penitentiary l'or a term of; not more than twenty years nor less j lhan twelve years. Miller pleaded guilty to murder in ! the second degree, and it was dis- j c losed that at the time of the shoot- | ing he was verging on delirium tre-1 mens for which he was treated at I the hospital immediately following | the shooting. Will Spend $25,000,000 For New Steel Tube Plant - Special to the Telegraph s'cw York. March 9.—A new tube i pant to cost $25,000,000 will be! ' ected at Gary, Ind., by the United j Mates Steel Corporation, according to; • iticial announcement made here late v. storday by Klbert H. Gary, chair-1 iiis.n of the corporation. The new plant, with other exten-1 sion w >rk authorized during the last | six months, will make a total of about jr.", 000.000 appropriated for new con-] Jfsl ruction. I,AST TEACHERS' bECTIBE The ninth annual course of lectures under the auspices of the Harrisburg Teachers' Association, will close this '•veiling, when Mrs. William Calvin I'liilton. of Mississippi, will deliver a series or readings from popular au thors. Her subject is "An Evening in 1 Dixie Dand." ui** WBAVESB TO RBCITK Special to the Telegraph Dickinson. Pa., March 9. Penn <;range,, of Centerville. ill present Miss Kits M. Weaver, of Lebanon Valley I'ollege, Annville. Pa., In "Peg o' My Ifoart," on Saturday evening, at 7:30, in Penn Hall. The proceeds of the enter tainment will be used for the benefit of tin- Grange Orchestra. TltV rofits lol,e gained by the phenominal in- ]{ Js a psvchological fact that the rarer a ge m in transit ' crease in Diamond values which is bound to continue for the next few years. becomes, tin- more greatly il is desired, and there Id led 'to this is the inequitable condition as ' h r'l J«*t made a very unusual purchase o Diamonds from the largest and js p reason t(1 believe that the detmtld for | to k rcb' 11 excliall <> c vli ch makes the importer 'V° St rclia 1,0 D,a "i° l " l cutt £ rs m America harly m January 1 was informed fine Di J monds will hc ter tllan ever in com -10 foicign wiikii niaki. int '1 that an advance of \? to JO per cent. 111 Diamond prices would go into effect • and cuttci pay Mom l- to pci tent, nunc .foi within three months and that other sharp increases would follow during the year. . ■ the goods than the price lor which they arc I went to Xew York and spent three davs selecting stones. I purchased New markets are also being developed, actually billed to him. on aaa tvf l rt\ • j South America is becoming an important Dia- Another sharp increase in price, the greatest SZU,UUU W Ortll Ol DldmOnClS mond market. S single advance made, amounting from 12 to 20 per .. . , . . , , . . ~,. ~ . - •*« • '™ Buying Now Is Wise UttN " . . Matty of these stones have been mounted in fashionable settings m our own The rapid development of Brazil, Argentine Crisis For DBa'.erS sll °p- ()r . v °u call choose from ihe unmounted Diamonds, having your selection an j ot i, cr South American countries is produc !il J his v ery unusual situation is rapidly becom- "lounted as desired. ing many fortunes and more moderate ing critical to Diamond dealers. PriCeS Range FrOm $50.00 tO $400.00 O " eS , Tl J se are " ot ° n J- v Dia- Ihe mines have been closed for 10 months. ®. . . nionds: they aie demanding line quality stones. B I Whatever rough stones may be secured must . J his magnificent stock ol Diamonds, bought and priced before the increases The Indian market is also growing. More I come through the London Snydicate, which con- ?' ' lo ct nt ' " n wholesale prices, permits you to secure real bargains pick- an( j morc fl ne stones are being sold there. The trols absolutely the Diamond market. my voui gem tiom hundteds ot fine stones every *one ol winch is exceptionally big world's demand is outstripping the supply. Heavy inroads upon the surplus stock of rough \alue lor the in ice. ... . . . . Of the output of the mines, onlv about 5 per I stones in London have been made and as this is In add,l, °» t() niakll, S lhese money-saving-for-you- prices. lam making ccm tQ fine cok)r perfect stones * of The Most Generous Repurchase Proposal Ever Offered J to impossible to get the goods to meet the de- I will buy back any Diamond purchased at this sale, paying you SOi gems, weighing less than /> carat. Instead of mand for Diamonds. in cash the full purchase price plus interest on your money. increasing, tliese percentages are decreasing. Those who are in close touch with the situ- I can make this extraordinary repurchase agreement, and give these tremend- v m, . able ni buv fine Diamond* ation and best informed concerning the Dia- on si v big values, because I paid cash for this exceptional! v large assortment of fine „ . lt . ' BR i i i i • . v i t . . • » t as dieapiv as you can now. mond industry see unprecedented increases in I hamonds —before the cutters were compelled to increase prices to dealers I? to H value for the next half dozen years or longer, 20 per cent. —and am offering them at a very close margin of profit. Also because , . ___ Diamond values are certain to increase more rapidlv then usual during the next AS til© ClltterS SeS tlie g The war and Diamonds' few years. , ! i his acme situation is the immediate result of Facts About Diamond Values xJiamono. bituaaon I the Luropeaii war. The great South African mines owned and Diamonds have never decreased in value. For 20 years before this war began "Mi*, r. «. nicner. operated by the De Beers Company shut down l ' ,c average yearly increase for fine quality stones was 17'1 per cent. In 1015 the "iiari'isimrg, i*a. the first of Auinist, 1014 These mines furnish increase was considerablv more. The South African mines, which produces ( >8 "i)e«r sir:—Replying t<> ,vo»r invor, nskins our ]P , ' , , ~ . i.i • , . . , ,s opinion on the (liamoiul .situation. I>cji lo state that '8 per cent, ol the worlds supplv. The entire l"" r cent, of the worlds supply ol gems, are controlled and their output marketed we are firmly «*OIIVIihimI tliat the prices on ct of men. the world's greatest motiopolv. The mines were uioiuls will continue to advance lor some lime to isS 1 - y... . J ■ MUHI " u 1 . il i , i . .. ,• • eome. The eost ol iiiiiiiiia and ctltting has ad mg organization. Ihe -Syndicate sells only to a Ult ultl ' t,,e beginning of the war and are still closed. Stocks of rough stones vaneed cunsiderably in late years. selected list of cutters J 'ver since the Sviwlicite are becoming so scarce and so high in price cutters are having great and increasing "The mines are much more diiTiei.it and expen : . , . ' - r ... . . / . ® n sivc» lo operate, as the deeper the material is lo was formed, twenty-odd years ago, l)iaiuoiids diiticulties in securing material toi making new goods. ratod the more the eost of mining. The mines of have advanced steadilv in nrice ' ' lc scarcity of stones, the increased demand, the cost of opening the mines qnaiity diamonds are eontinuaily produc. * i 4,u •1.. ... -il i i : • f.. .« .. i. . n:.... ' i less quantities, hut aln>\e all the main eause of «md i the industry will be JL rices fV nw lor a number of years to COllie. "The demand for line perfect stones has i>een i The Svn.H.»r, Z. Zl , , A Thi ," » "» W <•* ««"% Diamonds Ih,„ k lh at ,W» . n licatc hxes llie pi ice for yeais m ad- wonderful sale. urally eau es licso advances, and \vc do not see vance, taking into consideration increased de- Read the adjoining columns for valuable information about the situation in the anv v ,W '' H,C C ° n,,n,!: yt,a, ' S • m mand the decreasing output from the mines, Diamond indttstrv. LOKHCII « cx>„ INC. pai ticularly oi good fjuality stones, and the enor- • - ••Arthur liorseh, Treas." ■ motisiy increasing cost of" production. Repurchase Agreement SB brou'dit i'\'ii"li m- 1 - l ' K | i''' 1 " 1 luent : x . Vl d,s ha.- I to | )UV anv Diamond purchased at this sale on these conditions: "Mr. P. nicer, cedhfo it 1 shipment pre- , u j]l |)a> in cash the fu „ purchase price> plus 4 per cent . interes t on that sum, "n„rrisl,ur K . r.i. W hen normal condiiions are returned prices thc T'"- o, ? l ' red , mc 4 >' e . a !' s the d atp of purchase, or within 4 years and „i„Vhcr u'.od lo .. .ii , . i . i . () months from that date, provided jO days notice is uiven me that the stone will advance in the future, we should say that the best B , LOnUnUC , to advance, not so sharply pos- be offen d m.' for rentirrfii ohered me .i veais altei the date ot puichase, oi within .■> veais and creased in value, some years the rise lias been Diamond or ices never have rnii<-l-iM .~, ~ i ' u '" allow the full purchase price at any time in exchange for a more valu- " f| l unquestionably bring about considerably higher n „j u ~;,...,i prices, for the reason that the diamond mines have iK| pt ices Will always be going up. Diamond, no previous notice bem a letjuntd. been shut down ever since the war began, and the hh < A bill of sale showing the date of purchase, price paid and my guarantee of quantities of rough goods on hand has been stead- Sg High Prices Not Temporary lhe H u: , l!ity a , ne « le, 'vered with each Diatnond. ilv - wc l ym. that goods purchased at the B I | lavc ] )L . e n conducting a jewelrv store 111 Ilarrtsburg lor 18 vcars. 1 have present time, and particularly in the Itettcr grade Hi - n . cu , < '° I ni,,, 'V» ••Nistiim ill the Diamond industry renewed mv lease oil niv nrcw.it Im-atmn for >0 vents from \nril I 1<)17 t,. of goods will be bought at much lower prices than H Will rot end whin the war . nds, itnewtu m\ lease on mv preset.i location 101 -u years—irom \piii l, i n/, lo wl || i, e aMe to i„ f i, c ruture. B H Jt . wl " years before the output of Diamonds will -March 31, l ( '.v. You have everv possible protection in making this Diamond in- ."Rcspeetruly yours. '"The reasons "or" ii is are clear, it takes an enormous vestment. Diener's motto is, "What we say it is, It is." Eighteen years of honest • '.\GOM.\K GOLDSMITH & co." 9$ amount of capital to ouerate the Diamond mines. En*,'- representation, fair dealing and generous values arc back of Diener's—and a 20 H sume a\ Vl ome o the C extensTve operaUon 'ot® rC " >" earV lc ' aso secu rcs you against our moving away or being compelled to move. "Mr. P. G. Dicner, ''" ° r ' ,aruU W ' 19 ' 6 ' This Sale Lasts For One Month, March iOth to April 10th , . Vo " l vi " ' re P a . id I'andsomelyfur wcarin s the Diamond yo.i purchased here S"°ovl iStoSK experienced workers. Many of these workers, especially during this sale. In cash, at a liberal interest rate oil your investment, if you we understand it, there are none beiiig mined, and iLv' wnnll.nnfiVi?? 'V. 1 ' 6 ' 1 , wai ' ol " disabled so that want to resell the stone to us. Also in the great pleasure and satisfaction which "mse \v° get arc froin accumulated Blue tiround; they will he unnt to resume their work. The Diamond e i • c rv j u*l twt consequently, everybody's stock is low and prices cutting industry In Belgium bus been practicaly wiped comes from owning and wearing a hue Diamond, whether you resell the stone or high, and will be much higher; wish we had a good ou L m . fM „ tK u „ not. Come in and see this magnificent display of Diamonds. All goods are mark- !,took of thu,M ' , , I . lhese facts will make it several years after the war •,. ,• , v - mi * u i I* i "Yours very truly, is over belore normal conditions will be restored. e " 1,1 P'aill figures, 101 l Will not be asked to bU\. "MALIjEET & KXOX." The Hallmark T\ * Af "WhatWeSay ■ U lt/lIC/1 JtWclcr It Is, It Is" I 7