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HERE TO NAME AGENT FOR BANK State Examiner Relieves Dudlev, Who Goes To Oklahoma After having turned the affairs of the Commercial City Bank, of which he had resigned as liquidating agent, to Joseph E. Cagle, a state bank examiner who arrived Tuesday from Atlanta, Macon Dudley left on the Seminole Wednesday morning for Picher, Okla., to take up his duties receiver for the National Bank of Picher. as The apointment to this position came direct to Mr. Dudley a few days from the assistant comptroller of the currency at Washington. Mr. Dudley was accompanied by W. T. Lane, Jr., who is on a sightseeing and experience trip, and ,who may remain in the west if he finds conditions to his liking. Bank Examiner Cagle is in charge of the affairs of the Commercial City Bank only temporarity. "I am here for only a day or two, until I am able to make an appoint ment of a permanent liquidating he agent to succeed Mr. Dudley," said. He indicated a local man would be chosen. our navy from attaining first strength few in capital ships within the next years and which would leave Engher apparent abandonof the capital ship, ment land, despite the still undisputed mistress of seas. If our present program is sidewill remain supreme ships and naval tracked, in capital England strength is in 1924, whereas if the program carried through she will lose leadership in big-gun strength and will be required to spend additional large sums to bring her strength in capital ships up to ours. The fact that she discontinued work on two sister ships to the Hood -...the most modern of her big battleships-does not necessarily mean, it is insisted here, that she has decided the day of the battleship is past. But if we should follow her example, she would, without the expenditure of a dollar, maintain her supremacy in capital ships. Also, the new ships that we have laid down are SO far in advance of the Hood in design, armament and gun-power, that it was a wise piece of economy, it is suggested, for England to scrap them and lay down vessels of still greater power, if this country refuses to withdraw from its authorized program. Serious questions of international relationships have entered into the armament problem. Plot in East Recently a member of the cabinet declared the administration has evia new dence of militaristic imperial- East ism developing in the Far through which Germany and Turkey hope to break the bonds by which they are now held and again attack world democracy. In view of unsettled world conditions generally of the widely scattered of this espossessions country, and of specially in the Pacific, our new immense tion our great open coast-line, merchant not to marine menvast world balance of and overwhelming our \commerce, opinion States the in Washington is that the United can take only one position with respect to its navy, until all powers to definite naval agree limitations. An American navy second to none, able to defeat the navy of any other single nation in the world and to prevent the landing on these shores of a hostile army.
