Harrisburg telegraph. (Harrisburg, Pa.) 1879-1948, March 09, 1916, Page 7, Image 7

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    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 <tMA.IIOVAI.-l'lt.l.S TOMtillT
Constipation, biliousness, bad stom
ach, i oated tongue, languor and iiver
trouble are quickly corrected bv Black
burn's Casca Royal-Pills. Hitter than
i-.-istor oil. 10c and 25c at all drug
ist ores. —Advertisement.
THURSDAY EVENING. TCARRTSBURG TELEGRAPH MARCH 9. 1016.
j Valuable Information For Diamond Buyers |
Unusual 'Diamond Sale i I
A Startling Situation in the March 10th to April 10th A World Wide Increase I
Diamond Market TTERK is something truly remarkable, a Diamond Sale conducted 011 distinctly DeflUUld
A \ Kin unusual »Uiation exists in the Dia- 11 different lines from any you have ever had an opportunity to patronize. )R a ( i ccat i e ail j more the United States has
in..n.l market. I lie demand lor Diamonds One of the unique features of this amazing Diamond Sale is the astounding £ been the big market for fine Diamonds. jj£
is increasing; all over the countrv. 1 lie Diamond fact that --ri • . 11 1 j i, . ..u : .1
,• I Ins countrv has absorbed about three-fourths
and grades that iie*needs". DieUer Will Pay YOU Cash tO Wear Diamonds Of the output of the best quality gems. Thede
• .11 . , J mand is constantly increasing.
There is'dan-er 'I eXods'he will be lost Th - is C . 1,H,1 . CC to s . lla " e in . tl,c l> 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 <lia
■d output is taken In the London Snvrlicate -i soil- to cutters bv one >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<c ' Proof of this is contained in the fact that for the
Hj siblv as in the past vear and in time to come . last lil'tceii to twenty years, ill fact ever since the
until the mines are opened. Assuredly they will .. . 1 ,vi " ' ,a - v in cash thc purchase price, plus 3 per cent, interest on that sum ;^''V^er o »,'a.V,.'^^^
H increase. the stone i> 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 <J months from that date, provided-30 days' notice is given me that the stone will Kicater than others, but continually year by year
Hi nr.. iKuiasui. i,« ,i c n ,. .I,'. .. ' the prl«* of hne quality goods lias been creeping'up.
\\ ltJi the diminishing sujjplv controlled abso- i)e oiuriu mc 101 ltptuuiase. "The present situation Is unusual, and Is one that
SI lutelv bv the world's niosi f (> 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 , n<l wcigh l of . ston "' will I>e « 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
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