Evening Star Newspaper, August 16, 1921, Page 6

8 THE EVENING STAR _-With Sunday Morning Edition. WASHINGTON, D. C. TUESDAY.... |fan in about two months of about 1 67-100 of a cent. This fall in marks has caused great anxiety if not serious loss to those American speculators in foreign ex- - - -August 16, 1921 | ;p,g0 who have bought, without ‘any prejudice, francs, lire, pounds, marks THEODORE W. NOYES....Editor |53 even Austrian crowns, in expecta- Business Office. 11th St. and Peansylvania Ave. 7 Oftice: 150 Nassau St. time opened a way to speculation in i K Natlooal Rank Butdiag. | Germany. As the mark has fallen, during the past few days, the bourses of that country have been fldoded with stock-buying orders. The lower the mark the higher the stock prices. Con- sequently there has been in progress at Berlin for two or three days a veri- table “catastrophe boom.” The Ger- 70c | B2 people have been eager to trans- " 5oc | form their shrinking marks into pos- 20c | sibly advancing shares of stock. Grave anxlety is felt in Berlin lest g5c | this speculation may lead to disaster. 60c | The fall of the mark is calamitous in itself, but the rush of the people to invest in any sort of stock, regardless of value or prospect, is even more serious in its potentiality for economic evil. A bursting of the bubble may, have grave political consequences. —_—————— The Evening Star. with the Sunday morning | edition, is delivered by carriers within the city gaily only. 43 cents per cents per month. Or- ‘mail, or telephone Maln made by carriers at the Sun ders may be sent 8000. " Collection i end of each month. Rate by Mail—Payable in Advance. Maryland and Virginia. Daily and Sunday..1y: Daily only.. Sunday only All Other States. Daily and Sunday.1yr., $10.00; 1 mo. Daily only.. = Sunday only —_— Raussian Politics and Relief. To those who look at the present Russian situation without reference to the past the reported deadlock in the arrangements for the conduct of re: = lief works in that country is a reflec- The New Tax Bill. tion on the American sincerity of pur-| Save for the postponement to Janu- pose. It may seem to them that the|ary 1 next of the date of repeal of the representatives of this country should {€Xcess profits and remission of cer- not stand on what may appear to be|tain income surtaxes the tax bill re- technicalities and delay the beginning |Ported yesterday to the House follows of the work while millions of Russian | the lines laid down in the recent con- people are starving and thousands of ) ference between the President and the them are dying. House majority committee members. But this is not an understanding|The net effect is a reduction in the view of the case. The so-called techni-|estimated total of collections and a calities upon which the representa-|shift of some taxes from their present tives of the soviet and the American {bases. The net reduction is figured at relief organization at Riga are unable | $355,000,000, and the total yield of the o reach agreement are of vital im-|taxes is estimated at $8,200,000,000. portance to the success of the relief| Were it not for the postponement of measures. The demand of the soviet|the repeal of the excess profits tax for control of the supplies and direc;|the reduction would be about $555,- tion of the workers cannot possibly be | 000,000, the figure stated at the time granted. For the soviet government|of the agreement between the execu- has already demonstrated its incapac-|tive and the legislators. ity to deal equitably and fairly with| In some cases the changes consti- the needs of the Russian people. It|tute a shift from one immediate payer would be idle for the American relief |to another. Thus the stamp taxes on organization to deliver quantities of | proprietary medicines, toilet articles foods and other necessities of life into]and perfumes is'succeeded py & manu- the hands or into the control of the|facturer’s tax of & per cent on sales. No assurance could be felt|The ultimate effect jz #he same. The X, as he pays is true of the soviet. that the materials were being properly | consumer will pay~tha handled. On the contrary, ther& would |all others. The be substantial reason to believe that]repeal of the much of the precious store was going | cream tax, affd the substitution for it into favored and not urgently needy|of a mafiufacturer's tax of 10 cents a quarters. gallon on syrups. But in some other Insistence upon the release of all|respects real relief is afforded to the Imprisoned Americans has been justi-|consumers. Thus all luxury taxes on fled by every consideration of fair |clothing are repealed from January 1 play. The detention of these people,|next, and transportation taxes aiso most of whom have now been released, |&re remitted. has had no warrant. In sending out| The item which affects most direct- some of them and retaining others{ly & large qumber of people is the in- the soviet has shown its incapacity|crease in the income tax exemption to,be wholly square. Thus the issue|for the head of a family from $2,000 of the release of these people has been|to $2,500, and in that for dependent a test of the good faith of the govern-|children from $200 to $400 each. To ment at Moscow. offset these changes the income tax If the soviet had the welfare of the|on corporations is increased from 10 Russian people sincerely at heart it|Pper cent to 1234 per cent. would have met the conditions imposed| The sole purpose of the revenue law promptly and without qualification,|is to provide the necessary money to and strained every effort to fulfill{operate the government. That cost them at once. Possibly some of the de-|comes in every case finally from the lay is due to misunderstanding, but|Ppeople, whether directly or through there are signs of a disposition both |their purchases or their investments at Riga and at Moscow to invoke]or their earnings. The problem of tax technicalities, inconsistent with a}law Wwriting is to secure the most genuine disposition to grasp the op-,equitable basis consistent with a suf- portunity for help afforded by the|ficient yield. In the present proposal, American offer. And it is only too{about to be adopted by the House— plain that in this Lenin is playingjinasmuch as caucus action by the ma- politics, hoping that out of the dis-|jority is tantamount to passage—it aster and the measures of relief may|Wwould seem that the task has been come some sort of recognition of his|measurably well performed. government, now menaced from with-| Advocates of a sales tax, as the in through the remorseless working of most effective and the least likely to the laws of nature. cause a piling up of prices and profits, —_—————————— will regret that the principle which bas been adopted in part in this bill The Excess Profits Tax. has not been ' extended throughout. Tt will be difficult to reconcile the|But the movement jn that direction is decision of the House republican cau-|gratifying. The bill as it stands is a cus to continue the excess profit taxes|far better measure than that which it until next year with either good faith{is proposed to replace. It makes or good judgment. fewer changes in the-basis of taxation In the presidential campaign if|than many had hoped to see and more there was any one point on which the|than some had expected. spokesmen for both the major parties 2 ST were agreed, it was that the excess| The greatest books that can result profits tax was to be immediately re-{from the war, according to some pealed, as it was of necessity an in-|eminent thinkers, will be a series of equitable one and one that gravely|volumes clearly and justly defining hampered business and inflated prices. { international law. In the present industrial depression ——— . the return from it has dwindled with| The definition asserts itself as an each year, and the return this year|important element of most formal dis- will be still less than last year. but,|cussion. Japan leads up to the inter- based as it i3 on a fantastic “invested|egting question, “What is an accom- capital” which utterly disregards real piighed fact?” values, the gravest injustice will be done to those who still pay a tax that| mye earth recently passed through every reasonsble student of taxation |, ‘comet's tail without any knowledge Sdiees (g4 noetun s gburder, of the event on the part of the gen- It is much to be hoped that if thelgorg) public. Even a comet needs e House persists in thus continuing a press agent. confessed injustice the Senate will i N R o, i rri e & Gt | T et = st S, mentals of proper taxation palnted ghen Ls)gocs toisuviet tarxi; B tory and finds out what be bas been talking about. —————— A presidential vacation is never a period of genuine repose it the invita- tion committees have their way. —mt—————— Cleveland’s Union Station. For a long time the people of Cleve- land have hoped for the erection there of a union railroad terminal suited in size and equipment to the growth of the city in population and business importance. They bave endured with decreasing patience the poor accom- The ex-kaiser may feel compara- tively safe when retribution fails to overtake so comparatively small a specimen as Bergdoll. ——————— ‘While not prominent in present counsels, it must be conceded that Col. W. J. Bryan was always a peace advocate. No questionnaire is so cruel as to include the Einstein theory as an es- sential topic. S modations of the different lines enter- Germany’s “Catastrophe Boom.” {i,z the city, sustained by the belief German marks, already low in the|that some day there would be a great. exchange tables, are falling to new|commodious, attractive station hous-| points of depreciation. Normally|ing all the Mnes and thus making en-| ‘worth 23.8 cents each, they have been| trance into Cleveldnd & pleasure rather| at no time since the armistice above| than, as in the past, a distress. 2.5 cents in the American market,| Some years ago a joint terminal which is today the world's exchange|plan was broached and gained accept- clearing house. A year ago at thislance by three of the trunk lines. A time they were quoted at 2.16, which)design was prepared for a station was regarded by some observers in|fronting on the public square, thus foreign money values as indicative of{bringing the railroads into the heart, & return to an upward climb toward|of the city and giving them & status par, a long climb, of course, but still a}as contributors to its architectural de-| move in the direction of “normalcy.’ The reparations adjustments, however, | some old properties were razed in an-! have hit the mark hard, end a week| ticipation, leaving en ugly scar on one ago it stood at 1.26 cents. Within the|side of the square. Necessarily this past few days something has happened| checked development jn that quarter, to send the mark down still further.|as capital refrained from investment Perhaps it was the postponement of{in improvements until work was ac- the Silesian question by reference goltually begun on the station. At last velopment. Land was acquired and| speeding.” Commerce Commission for permission to expend a sum estimated at $60,000,- 000 in terminal construction. Now the commission has refused its assent, on the ground that the termi- nal proposition has not received ade- quate consideration, either from the public or the railrcad point of view.: It does not close the case, but leaves it open for further argument, and pos- sibly the necessary assent may be ob-} tained, on the basis of some modifica- tion of the plan. The traveling public of this country is concerned in this matter of proper railroad terminals. In most cities the station arrangements are poor. In some of them, as in New York, Wash- ington and Boston, they are admirable. In some, individual railroads maintain well equipped terminals, while others do with sorry makeshifts or decrepit equipment. In Chicago a horrible ex- ample is afforded of utterly inadequatc terminal arrangements, but recently a plan for a large union station, to ac- commodate most of the lines entering the city, was financed. It is hardly to be expected that much progress will be made toward terminal improvements while the rail- roads are in stringent circumstances. But these works cover a long period of years, and it is not amiss to start now on betterments that must eventually come and by another decade will be imperative. —_————— The Policeman. , At the national convention of the Fraternal Order of Police, in session at Reading, Pa. Secretary of Labor Davis sald yesterday in an address: “It is high time that we, the citizens who profit by the policeman’s protec- tion, should take up the policeman’s cause. If he cannot plead his own cause, we must plead it for him. It is time We think of him as a man like ourselves. After years of benefits at let us exert ourselves in his “A policeman’s lot is not a happy one.” This is nons the less true be- cause expressed in a comic opera ditty. It i3 a sober fact, easily sup- ported. He Is underpald. The figures taken from any city in the United States show that his pay is discreditably small when the character of his serv- ices is considered. Those services are among the im portant ones rendered by public offi cialg. He walks his beat, day or night, with his life in his hands. He may be called upon to tackle a mob, or pre- vent the assembling of one, at any moment. He turns in fire alarms, and guards property while fires rage. He helps to rescue persons in peril in burning buildings. And yet much of all this, being familiar, is taken as a matter of course. The public reflects little about it. It is a subject for reflection. The “cop” should be well remunerated for his services, and treated with con- sideration. When worthy of his uni- form—and he usually is—he isa friend to the community, and deserves, and should recelve, the community’s friendship. ————— A bull pup is to be the companion of the White House airedale, Laddie Boy. The combination is one of ad- mirable significance. The airedale is renowned for sagacity and the bulldog for tenacity of purpose. ————————— Many plays will be brought from abroad for the coming theatrical sea- son. The Americdn theater makes no effort to complicate tariff discussion by an appeal for protection as a home industry. —————————— ‘Those famous contributors to public thought, “Vox Populi” and “Tax- payer,” are emphatically in favor of doing away with the expense attached to unreasonable armaments. f One of the secrets of John D. Rocke- feller's prosperity in the oil business was his ability to resist the allure- ments of irresponsible oil stocks. i The only permanent unemployment is that based on incompetence or un- willingness. Lenin’s theories for the manage- ment of Russia have gone on a hunger strike. t SHOOTING STARS. BY PHILANDER JOHNSON. Geographical Boundaries. Geography’s a fearful task, The small boy sadly said. I hear the questions that they ask ‘With great and growing dread. l ““The books describe the populace, The wealth in farms and mines, I i l | | But, oh, it is a job to trace The proper boundary lines.” The statesman, who on work undone ‘Was laboring anew, Paused in his toil and said, “My son, 1 quite agree with you.” Visible Evidence. i “Do your constituents read the Con- gressional Record?” “No,” replied Senator Sorghum. “But its voluminous pages are useful. They serve to show that the people’s representatives in Washington have not been idle.” Jud Tunkins says you've got to dlsA| trust the judgment of a man who voted for a defeated candidate and a year later can't even remember his name. The censor has a task severe. Of things that none should see or hear He may in duty be apprised ‘Until he's all demoralized! Ancient Lore. “Do you remember the fable of the hare and the tortoise?” “Yes,” answered Mr. Chuggins; “it's: all out of date. A proper modern ver- sion would have the hare arrested for : Faclal Expression. ¢ “You find golf helpful?” “Very,” replied the eminent diplo- mat. “When I happen to look worried or displeased the observant newspaper men can’t be sure whether I'm worry- ing over new intermational The Hecht Co. THE EVENING 'STAR. WASHINGTON. D. C., TUESDAY, AUGUST 16, 1921 7th at F W here pric;as are guanmleedx 7th at F Glorious news! Dresses, *18% Notably new fashions Highly desired fabrics —Fashionable Canton Crepes —XKitten’s Ear Satin —Knit silk mignonette ~—Charmeuse —Taffetas Wide sleeves, not talking PARIS; this is a $18.75. Black Navy ~ Brown The colors that top the fashions Misses’ sizes, 16 to 20; women's, 36 to 44 Extra size dresses —in mignonette—that glorified silk jersey which gives that slenderizing look. Also satins. Sizes 4215 to 52). dorrento blue. Bketored — Wool velour, ‘besverstte trimmed. $39.50. "FUR sale with its guaranteed savings of 25% including our entire stocks without reserve Buy furs in Auguet. Because in August you have first pick of the pelts; the finest matching; the most careful, unhurried workmanship. August furs are new; styles are right; qualities are dependable. Stocks, more- over, are at their fullest and freshest. All furs are sold true to name and backed by our guarantee of satisfaction. Each fur is ticketed with its regular price. From this first fair price you take a straight 25 per cent—your profit for helping us to do a fur business in August. Sale is now on. As an example of the savings we pote a $395 36-inch Hudso: 25 sealsknnk-h-';mm:lw::, 52% ? A deposit will hold any fur to your order. Furs stored free, at our risk, until November 1. Women’s low shoes were $8 $2.95 were $10 were $12 A clean-up of broken assortments —a few, of this, a few of that, in white, black, tan and gray leathers. One-strap_ purips and ox- fords, tongue pumps, etc. Luek consists in finding your size Womeén’s HANAN $11.50 white low shoes, $4.75 White reiguskin extords and pamps in broken —Tricotines —Poiret Twills wider and longer skirts; irregular hems; tight little bodices—but we're sale. And at Sleeveless jumper dresses $Q.98 Wool serges, jerseys, linefies Silk lined wool velour and tricotine SUITS Yes, and many are FUR trimmed Women will welcome a sale that brings ~—Semi-ruffle styles New ideas in embroidery, erochet buttons, fancy braids "and stitching. Plenty of BROWNS —and, of course, the regulation navy, oxford, beaver and Misses® sizes, 14 to 18; women's, 36 to 42. all of it that. isn’t economy. furniture, we simply want leave this thought with you. $29-50 s’ corduroy suits, 524 Corduroy makes a dressy suit for little boys; corduroy makes ,a durable suit for schoolboys. And at $245 the cost is less than an ordinary cotton suit. Oliver Twist trated, Round smoked pearl buttons. e, as illue- R 1on S coller; Brown, tan, Havana and gray shades. Sizes 3 to 8. Big news and good news i l Boys’ blouses, 69¢ Woven madras; 80 count percales, crepes and corded madras; the first two fabrics being among the finest shirting used. a féemy of plain white and, of course, the usual stripes. Sizes to 16. Boys’ shirts, 79¢ ;Collrattached and neckband styles in corded madras and per- cales. Neckband sizes 12 to 14. Boys’ cloth or corduroy KNICKERS | CROMPTON’S ‘allweather corduroy, the corduroy known the country over not only for its durability but also for its wearability. The cloths are in mixed woolens. Fall weight, in dark shades. All the knickers are tailored to high standards and fin- ished with hip and side pockets and belt loops. Sizes hammocks $1.95 , 'ASallthevorld knows U. S. Navy hammocks are extra ; strong, extra dursble, extra reinforeed. Typieal salty “Gob” hammoeks of extra white csnvas, All cords are extra tied and spreader rope spliced, and the ham- mocks can be taken apart to clean and reassembled in . & iify. ; 2 Sale of U. S. Navy canvas For the Nor do we advise you to buy Tricotine, col- ot gme anything just because you can get it at a considerable reduction— we credit you with knowing that But assuming that you need Sale of handmade Blouses Extraordinary all prices. Sales for MEN See Special Advertisement page 5. FURNITURE discounted 1@% to 4'0% tomers the question of settling their own business for them—only a short-sighted firm would do Right up to the start of this sale we were meeting competition us on our first fair Now that we have discounted to We have never tried to snatch from our cus- these prices 10% to 40%, we think our prices are unmatchably low. The furniture is here in evidence. i and in front. them so much in newness and value. —Some show clever vest effect. —Others with lay-down collar. —The 10“8" coats —Long sleeves and turnback . =—The boxy models Finer handmade blouses, Our enfiré stocks are included—each piece of furniture ticketed with its first fair price and the present sale price, showing discounts of 10% to 40%. $l.95 Beautiful materials and beautifully made \with an excellence of detail only possible where every stitch is done by hand. —Fine French batiste with band-drawn work on collar Sale of georgette blouses, $2, 95 Maker’s samples and surplus, g also our own stocks deeply reduced Blouses and overblouses, tuck-ins and tiebacks. Diversity of styles. Ecru, flesh and white. (Blonse shop, third fioor) Clearing entire stock of BRASSIERES were $1 to 85 now 75¢c to $3 Broken sizes cause the break in prices, but all sizes in one style or another. Scores of brassiores in every favored fabric. Wonderlift, Paraknit, Biltwell, DeBevoise, Nemo Juspul, B. & J. (Oorset shop, second floor.) Sale of women’s and misses’ ORGANDY dresses ) K& We took over our maker's entire sea- son’s surplus—upwards of seven hundred dresses—with choice of eight charming styles that include about everything smart $3.00 dresses $4.00 dresses $5.00 dresses shown this season. Solid colors and embroidered dots. and fichus. All siges. iqps, and seme with with frills, laces (Lingerie shops, second Soor) Annual sale plush coats savings average 25% The woman who doesn’t want a fur coat plush, and where in the BLACK demanded by fashion can more beauty be found? featured at Coats are 339 349 With choico of Beliring seal, pile plash and Salt’s peco plush Fur trimmed or embroidered and every cost the famous and