10 THECUBAREVIEW 



sometimes with considerable opposition and at times with discouraging slowness. With 

 the passing of the loan measure, General Crowder departed for Washington to make 

 a report and at the present writing is still there. 



The bill as finally enacted calls for the issuance of bonds to the amount of 

 $50,000,000, payable in gold coin of the United States. The President is empowered 

 to fix the rate of interest, the date they shall fall due, and the details of guaranty, 

 as well as the price and conditions of sale to the best interests of the republic. The 

 specific purposes for which the money is to be employed have also been decided upon. 

 It will be used for replacement of funds to the credit of official accounts in the 

 Treasury, liquidation of the $5,000,000 loan of January, 1922, payment of salaries 

 of employees now several months in arrears, and the payment of over-due pensions 

 to veterans. 



Texas Bankers Stop Over in Havana: En route to the American Bankers 

 Convention in New York City, the Texas Bankers Association spent several days 

 in Havana sightseeing. During their stay in Havana they were entertained by the 

 local bankers association, attended receptions arranged in their honor at the presidential 

 palace and the American Legation, and visited various points of interest. 



Dayton Hedges Buys Residence in Marianao: Mr. Dayton Hedges, president 

 and general manager of the Marianao Electric Light Co., has purchased a beautiful 

 residence in the Reparto Miramar, Marianao, and will move from his present residence 

 in San Antonio de los Baiios within the next few days. 



Sevilla Club Opens for Fall Social Season: After a short respite during 

 the vacation season, the Sevilla Club, which has proved very popular with Havana 

 society, has again opened its fall season with the Meyer-Davis Orchestra of New York. 

 The Sevilla and the Plaza Clubs should prove very popular with tourists this winter, 

 as both cater to the Americans in Havana. 



President Asks for Three New Vice-Consulates: President Zayas has requested 

 Congress for authority to establish consular agencies at Buffalo, N. Y., Milwaukee, 

 Wis., and Rangoon, India, in the interest of trade development. The matter is under 

 consideration by Congress. 



University of Havana Opens Fall and Winter Session: With the customary 

 ceremonies the University of Havana opened the fall and winter term on Monday, 

 October 2d. The function was attended by the President and his Cabinet and addresses 

 were made by President Zayas and members of the faculty. 



National City Bank Secures Well-Known Sugar Man : Having acquired several 

 sugar centrals during the depression, the National City Bank has organized a separate 

 institution, known as the Cuban Sugar Plantations, to operate these mills. Announce- 

 ment has just been made that Thomas D. Boyd, Jr., an experienced sugar executive, 

 formerly identified with large sugar interests in Louisiana and Porto Rico, will assume 

 active management of the company at an early date. 



Old Landmark to be Torn Down: The Centro Aleman (German) Cafe, one 

 of the old landmarks of Havana and at one time one of the most popular rendezvous 

 in the city, will be demolished about the first of the year to make way for the 

 erection of a modern drug store. This cafe is said to have made several of its former 

 owners wealthy, but during the war lost considerable prestige, which it has been 

 unable to regain. At one time pictures of all the noted statesmen of the German 

 empire, including that of the Kaiser, adorned the walls, but they were removed 

 at the time of Cuba's entry into the war. 



Distinguished Citizens Bid Crowder Farewell: General Crowder's departure 

 for Washington on Tuesday, October 10th, was marked by a distinguished gathering 

 of government officials and prominent business men of Havana. Among those who 

 wished the General a safe trip and an early return were the members of President 

 Zayas' Cabinet, Secretary of the Temporary Bank Liquidation Committee, Williamson C. 

 Howe, American Charge d'Affaires, as well as a number of well-known American business 

 men. 



