Evening Star Newspaper, June 10, 1922, Page 3

DISTRIT BANKERS {PEN CONVENTION AT HOT SPRINGS,VA. Year’s Activities Detailed in Annual Report of Presi- dent Larner. FAVORS MEMBERSHIP IN CHAMBER OF U. S. Federal Reserve System Critics Answered by F. N. Shepherd, A. B. A. Official. iul fro: respondent. HOT & . June 10.—The bankers' arrying over 200 binkers, their ladies and invited ®uests, which left Washington at 9 o'clock last night, arrived here early this mornir fter a rather hard trip nd a lurge modicum of fun and amusement Breakfast was served at the Home- - d Hotel and audience z thereafter the in the n ssembled FRED N. SHEPHERD, F.xecutive manager Americnn Bank- ers’ Association. ballroom to witness the opening pro- of the fourth annual con- \f the District Bankers' As- hn B. Larner, president he aud and sang Phe Star Spangle iner.” After the invocation Mr. Larner s annual report for the vear, ch he said. in part: bers of the District Bankers’ i 1 and Gentlemen he association dur- ar have been varied with some success ling. s have manifested a keen SPECIAL NOTICES. STOCKIN OF THE DOTUGLASS Leag c.. 8re hereby moti will_be Leld at and U sts. n.w., at 8 pm., to elect coustitution adopted S ot I of D« n Fire I at the office of the com- ou Tinrsda > Amesiend 18 HET s SHY Company of the <ued in name of wits lost or destro aud_that ‘apital Trac- ams for the of Juliet M. of u duplicate cert TLAR AN jors of the Dodek Clothing and Furni- ¥. Ine., will be held on July 18, Wk pom, at the office of the com: L street n.w., Washington, D. C., the company wiil be er business as may N he Currency, Wash- —Wherens, by sat- ented to the undersign nk of \Washington, tha City of W . in the District of Co- jumbia, has compiled with all the provislons of the Statutes nf the United States, required fo be cpwplicd with before an association shall ed, it has Hamilton ¥ in be author! to commepce the business of g re, I, D. enicy, do Liereby cer:l n National Bank of Wash- 1 Inghon, ty of Washington, in the District of Columbia, is authorized to commence the business of banking as provided in section ffiy-one hundred and sixty-nine of the Revised Statutes of the United States. Conversion of the Hamllton Savings Bank, with a matn office wnd_three brunches located within the limits of the city of Washing Via. District uf Colum- ? witness my_hand IFTH DAY OF MAY, CRISSINGER, Comp- In testime seal of offic " (Seal) D R. r of the Currency. WATCH repuiring EPATEING —WE ARE iruen, American and i's JEWELRY 2 X. Y. ave g 14th and R stx. "~ Old Floors Made New STORES, nw. Planed, New floors Iaid, e neoln Cstes PAINT YOUR ROOF —and keep it in good repair; and you will add Monger life t vour properts. Estimate free. R. K. FERGUSON, Inc. ofiog Dept. 1114 9th st. Ph, M. 2490-2491. desire in matters of business and to a man have shown a desire to pro- tect the interests of the banking fra- ternity and to cultivate a closer in- terest between its members. Every Bank Visited. “At the commencement of my ad- ministration I 'stated that 1 would | 1 e | | & Huppis Evisg C. H. WARRINGTON, | President Automutive Association. isit personally every member bank )f this association. I did so, and will alw. remember with pleasure the cordial manner in which 1 was re- ceived. Some of the new acquaint- ances made on these visits, 1 trust, will always continue to be among the acquaintances which I prize. Mr. Larner recalled with pleasure the opportunity for the be host to the admin mittee of the American Bankers sociation, at the Racquet Club in De cember of last yvear, and the friend- ships made there. There are fifty-one members In the | association. of which branch bamks and forty-four banks. Mr. Larner tohl the story of the work perfo cheerfully and ef- fectively By ent committees, complimenting the work of C. C. seven are born, H. H. McKee, Howard Moran ank G. Addison, jr.; Joshua Evans, jr.. and John I'o <o R. N. Harper for his an n address de- livered at snvention by F. ¥ 1d. ts of the Frank committee and responsible for which will be read convention at a later the the prize ess: at the adding: “This plan iington € is so closely ganization, the of securing from apter A, B. A, filianted with this or. benefit of suggestions on practical banking is an excellen one. It has been found time and again that we are indebted to junior bankers for valuable suggestions.” Urge Membership fn Chamber. In the strongest lanzuagze Mr. Lar- ner advocated membership in the Chamber of Commerce of the United States. expressing the helief that “it would be of great benefit to the peo- ple of the District of Columbia in the one matter alone, participation in_the ‘referendum.’ " He acknowledged tha had withdrawn its m chamber, and added _“I know no rea why ciation should not line it t the A. B. A mbership in the 1f with the SPECIAL NOTICES. | GFFICE OF THE MAYOR AND Takoma Park, ML, June 5, | hereby given'of the follow | publte work: | Cement sidewalks at an estimated cost of 1 Notice is confemplated | SLOD per linear foot. to be usseesed wgninat 5 utting property us herein described. on Federal Reserve System. | Ettan Alien. |Prince Gewrges. Eim. Poplar | After the president's address Mr. S50 Shekie. S A e & Larner introduced F. N. Shepherd. peing Jats % lexccutlve munager of the American i, 'l Bankers' Association, who spoke on | a1, 4 - 53| the federal reserve system and the | K 34 lots 34, 35 tind 36, ilock 10 il | AttAcks being made against it. Gilbert's wibdivision, Lats 1, 3, 8, | Mr. Shepherd said: lock 10; ;18 and 14, biock 12; all In th 12, block 13, Pine Crest suldivision. Tats 1. 2. 3. 4.5 and 6, block 45. Carroll Manor sub. division. “and the unenbdivided Jand oo Maple aven walk thereon ated ecost PR third of such ks o linear ng ass . block . trutees’, snbdj Grading of the Hill Cr intersection cost of §2 near foof, the total cost to be assessed to the abutting unsubdivide to be utting unsublivided Tiie mayor and counc Monday_evening, June 2 in the basement of the will_hear all persons interest templated work herein describod BEN G. DAVIS, T, _JAMES L. WILMETH, Masar. " o FLOORS. We will shelinc and wax in a very poliah vour dinlag room, hail. parlor od stafn 636 F at n special meetin; Ir : WO0OD FLOORS 0. ~ Main 1. [ BTA 2376, Titn ST N 100 241 ndry rycleaning. ROOF PAINTING AND GENERAI, RE| B ing 't lowest Drices, Drop v o oara oo s will call. J. €. KIDWELL & C0., 1112 and Emerson planos. BOATS ¥OR HIRE—3 shing parties at A CRACGTR 1t ot Fantpart Us your old gold, silver. platinum, DIAMONDS and discarded jewelry. manufacturing department. WILL PAY HIGHEST PRICES. for hand coloring, gifts, infants’ clotlies, developing, printing, Mart} . ort candy. g, Martha ‘} sh- NIA CARS FOR HOUSENOLD GOOD: gage at cednced rates, VAR Speed—Nan Francier. Sgaieat Avgeles. June SECURITY STOR- Los 3 AGE CO.. 1140 15th_at. ltices Tuts HEAT in Heating Biggs Will Save You Cash g8 " ,‘" on heating work, If yvon order ona now. ‘while mateclal prices are s 4inee down. They'il jump before fall. 1leating Have us modernize that old steam £ or hot water plant at once. Work _ Vii"reasonable on' PLUMBING. The Biggs Engineering Co. WARE W. BIGGS, President. 1510 T4th st now. I":l. Fri Ironclad Roof Paints “The best rust retardant known. Sueces fully by us in Washington for 50 years. fot us apply it and p out rust and decay. IRONCLAD &, it s Printed “Salesmen” of Ability - That's our_specialty. HIGH GRADE BUT NOT THE SERVICE SHOP | BYRON S. ADAMS, Fauemms, g PROPERTY, gv’.‘fins. GARAGE * ITMENTS WILL RETUEN YOU 050% ANNUALLY. 317, ICED. We _will finance, bulld and rent for you National Garage Mffi. Co., inc., 2039 Ga. ave. one N. 8088. The Shade Shop ‘W. STOEES SAMMONS, 830 13th St. 8% High Grade Window Shades—to Order at Factory Prices The Kind of Printing You Need —No lob too large for efficlent execution. The National Capital 12101212 D st. oW, Press| MGeo. M. Barker Screen Your Porch Now *® Galvanized iron screening on “‘made to order white fram, inches by 681 inches; price screens made for Un Mall bld; zewly Daintes T et T3 ench. - Thees cie Sam 'and removed from For Your Garden Shovel, B9c; pick, 88c: 1 nation ‘ot ail thete !:’S‘L EISINE S Comut: Government Lanterns, 69¢ New Gas Heaters Pittsburgh “Lion,” $12.50. flmLAfllE_D WALL BOARD, 1%e f¢, Sidney L. Hechinger Co, fil:u;:lhfl'g’:ll. Oth and Fla. ave, n.e, Saleamen at bott Diacea 1" &> Tin Roofs—Slag Roofs BEPAIRED A INTED, Cant sdary 00 | Grafton Fam. lLows & “Heating and Roofing Experts 33 foass - Screens Last Longer suresco |—When painted, espe- waALL [cially ‘when DEVOE FINISH PAINT is the Per pt e protector. 50: Becker Paint and Glass Co, CHAS. E. HODGKIN, Mgr. 1280 Wisconsin ave. - Phove ‘West 67. Selling Garage Doors —of approved type at de- cidedly interesting prices. Call and see ’em. Co., Inc, i1 N. Y. Ave. 1517 7th, Tel, M. 1348, lere date, | the | which | this asso- | ays and curbs on Spruce ave- | —and_ask ahout our reasonabie prices for | We need them fn our ! These | civic organizations of Washington. State bank assocations of Illinols, the Carolinas, Maryland and New Jer- sey and the National Assoclation of Investors' Bankers are members.” Revision of the.by laws of the asso- clation by the council of administra- tion was urged. Continuing, Judge Larner sald: “Three years ago, when the firat convention of this assoclation was held at Deer Park, there were those who doubted yery much that such a convention would be succesaful. We have now assembled for the fourth time and inder auspices which In dicate clearly the wisdom of the pro- motors of the plan and the perpetu- atlon of an annual assemblage of Washington bankers keenly inter- ested in the welfare of their {ndi- vidual banks and the uplift of the profession. Secret of Banking Success. “Banking is no longer a proposition for the uninitiated. It is a profes- sion which requires the closest at- tention and the highest order of in- telligence. The success of banking is the conservative investment and management of funds of both the shareholder and the depositor. It would seem, therefore, that it does not matter what a bank has as what it does with that entrusted to its care, and not so much what it does with net as with gross profits.” After speaking at lensth on per capita wealth, growth of busines: lincreased circulation, etc, he con tinued: “Along the lines of this very in- teresting subject, one which is en- srossing the attention of all ourl people at this time, it may be well to cnumerate certain factors given by {Mr. Lawrence Chamberlain as essen- tial to the steady increase of per| capita wealth. =) i “'Security of principal—the cer- tainty that the money invested will be returned some time in the future. “*A falr income return. Stability of Income. “¢‘Stability of income—the assur- nce that the income will be paid romptly at stated Intervals, and that the rate of income will not de- |crease during the life of the invest- {ment. Marketability—the quality which makes it possible for the investment #o0 be converted ingo immediately (ble funds. Value as collateral—value suffi- cient to make the investment useful a urity for a loan; exemption from taxation; freedom from care—sim- plicity of administration; acceptable duration; acceptable denomination. **‘Potential appreciation—the chance that during the life of the invest- ment its market value be sed.’ “Brotherhood” of Man. “We hear in these days much about the ‘brotherhood’ of man. Our brother |today does not necessarily live in our own home, in our own city or our own country. He is everywhere. We nnot fail to understand this propo- sition. The war has brought to us the full realization of the theme. “Today the economic condition of the world makes plain to the think- ing man that unless we widen our views and liberalize our feelings toward our brother throughout the world we will hinder the return of the nations to prosperity, and, per- chance, stimulate the hate of nations for each other and bring about a conflict more serious than the one closed. hese thoughts may seem to be threadworn and bare. They may sug- cest ideas that have not been uni- approved. They may bring the answer that is so often m I my brother's keeper?" cannot pass by these great in- will “We problems in these days when the ery of the suffering and the distressed | | is sounding and resounding in our ears. We must not forget the plati- Itudes of the past or the beatitudes of the ‘mount.’ “The world is rapidly moving on.to {better things. We may not know it jor feel it. but progress is being made, not by reason of any great thing man may do, but In spite of what he doing or has done. The great consummation will come when Provi- {dence is ready for it" “Political attacks that now menace the federal reserve system, if success- | ful. would destroy the great bulwark | of defense in the United States against panics, such as visited this {country time and again before the in- auguration of the system. “The greatest menace to the fed- al reserve system is political. . “There are now in Congress some | forty bills which would do anything {from making slight amendment to the ct to destroving absolutely its in- tent and purpose. During siress and jdepression it seems to be the ea | thing to try a short cut and under- ltake to bring about by legislative j enactment that which can be attained onty through individual initiativ enterprise and good judgment, as- sisted by the healing element of time, and politicians are attempting to use the federal reserve for this purpose. Hinstory of U. S. Bank. “The present agitation recalls the history of the Second United States Bank. which, upon the inauguration jof President Jackson. stood In the | best of favor and was doing good iservice. Jackson questioned its con- {stitutionality, but congressional in- {vestigating committees found nothing that warranted interference with the ibank's operations. The attacks on { the bank included charges of official misconduct and misuse of funds. The i chief witness against it was a former { director of the bank. but at that time an insolvent merchant. This man re- minds one of certain characters who have appeared during the last two or three years in that he seemed to go on the theory- that if you - threw plenty of mud some of it will stick. | Before the committee of inquiry, he inot only was unable to substanfiate ithe charges he had made, but was iproved a perjurer. “These charges and investigations, {however, unseated public confidenc, lin the institution, thereby impairing {one of its greatest assets. The bank became a political issue and congress- :men did what they do today—they re- {sponded to what they conceived to be ipublic opinion and refused to re- ter the bank. ince the inauguration of the fed- reserve system there has not such thing as a normal The officials of the system problems for mel eral ibeen any { situation. met tremendous general welfare and to the best “of their ability and they did it as well as it was possible for any set of human beings to do. No great eco- nomic change, however beneficlal it may be to the general community, [ can take place without adversely af- fecting temporarily certain groups or | individuals, but. their loss is more than compensated for in the general 'gnin. It is true that changes wrought under the federal reserve have borne more heavily on some than others, but the benefits have far outwelighed ;the disadvantages and in the long run will be shared by all. “Many bankers are more or less re- sponsible for much unjust criticism | heaped upon the federal reserve sys- tem. The blame was passed to the Federal Reserve Board by some bank- ers, who could neither make mor ex- tend certain loans and were not candid and tactful enough to explain why. Some of them were not even members of the system and could no more rediscount with a federal re- iserve bank than with the Bank of England, So, consclously or uncon- sciously,'bankers themselves are more Por less responsible in no small degree for the undeating of confidence in the among the farmer: Critics in U. 8. Senate. “From the United States Senate, the last place from which misstatements should emanate, the members of the Federal Reserve Board have been falsely charged with withholding credit to agriculture. When the price of agricultural products suf- fered the greatest decline} did the federal reserve banks restrict credits to-agriculture? Here are the fact: In non-agricuitural aistricts redi counts ware decreased by 28 per cent, but in agricultural districts that we have heard were discriminated against. they were increased no less than 56 per cent. “In the few years that the federal {United States PLAN TO GIVE AWAY “WHITE HOUSE GATES” BLOCKED IN HOUSE The House almost gave away the White House gates yesterday. President Harding and Lieut. Col. Clarence O. Sherrill, officer in charge of public buildings and grounds, favored this action, ac- cording to a letter read by Rep- resentative Begg of Ohlo. Representative Merrill Moores of Ohio stopped the proceedings by sucelnctly sayi "I object.” It was proposed that these gates should be given to Col. Webb Hayes, son_of former President Rutherford B. Hayes, who intended to place them in the old Hayes family home, now a museum, at Fremont, Ohlo. X The gates in question are those between the White House and the State, War and Navy bullding. The letter stated that the gates are a menace to traffic 4nd ought to be removed. —_— reserve banks have been in operation they have accomplished more than the framers could possibly have ex- pected. Although there had been five panics during the thirty years previ- jous to the federal reserve act, since the system was put in operation the went through the greatest period of stress that it has ever known without a panic or the semblance of a panic.” €. H. Warrington, president of the Automotive Association of Washing- ton, addressed the bankers on “Clos- er Relationship Between the Auto- motive Association and the District Bankers' Association.” He said, In part: “My organization, the Washington Automotive Trade Association, feels honored and indebted in being able to place before you a few of the financial items, in the sale of tge world’s largest transportation medi- um, the motor vehicle, and of dis. cussing with you the basis and methods of financlal procedure, as well as that of the retail sale on the deferred payment plan. It s but natural that this great industry should create problems heretofore unknown, due to its rapid growth—a growth during which for a time it was unable even to consider the problems ahead of it. Big Aute Industry. ‘“Comsider for a moment this over- grown creature—the motor vehicle. The year 1921 registered 10,444,632 motor vehicles of all descriptions running on the highways of our country, with a productive repre- senting a wholesale value of $2,212,- 068.420, employing 160,000 men, re- ceiving wages and salaries of $299,- 098,780, distributed by 13.452 dealers, served by 100,979 garages and re- pair shops. Washington shared in the distribution with 45 passenger, 11 commercial and 141 service depart- ments, with 15,000 employes, receiv- ing $3,500,000 to $4,000,000 a year wages. Washington has $62,500,000 on transportation equipment on its high- ways. “With an average .life of three yvears, the average price on this would be about §417 per annum. Add this the cost of maintenance, about 60 per annum. The per capita cost maintenance is low, slightly over ) per annum. ‘A" much larger proportion of financing the sales of motor vehi- cles is required than for the sale of other commoditics on time payments. Eighty-five per cent of the retail sale cars in 1321 was made in this way, and 40 per cent the money involved in the business is used in financing sales. A large number of these sales in- volves the acceptance of a used car to complete the transaction on the new car. The transaction {nvolves a loan on the original car, a mortgage for the unpaid portion of the new car, and the sale of the used car, which, in the majority of instances. carries a mortgage on the unpaid balance. Element of Risk. “It is evident that the retailer can- not be expected to do this financing in the way that such matters are be- ing handled in otfler flelds. “Depreciatiqn_between the price of a new car and the price of a second- hand car introduces a larger element of risk in connection with this time method of pavment and makes financing more burdensome. This is complicated by the condition in which the owner keeps his car and, ehe attention paid to its servicing. “To my mind this presents a funda mental relative to a loan on a motor vehicle, and the specific loan should be based on two cardinal points to my mind, salability aind reliabilit. salability of the car—has it a mar- ket? Reliability of the retailer—to whom you make the loan? “This problem cannot be met thor- oughly and the financing of automo- bile sales will be surrounded by some difficulty until it has been worked out by whatever means are necessary to secure co-ordination. Fluctuating prices add to these difficulties, cause a vehicle seized for non-pay- ment is uncertain, and the amount spent for recondlitioning and received for its subsequent sale. Need of Concerted Action. “It is at this point that I feel that a concerted action on your part would bring about a great stabilization of these difficulties. It Is not a banking secret that time-payment sales of automobiles of this type have run from fourteen to eighteen months. Again this same extension of time has been accompanied by the pay- ment of a small cash percentage, say 25 per cent of the total delivered sell- ing price. “1 therefore submit for your con- sideration the policy of allowable dis- count on ten-month paper, and in no case more than twelve months: this with a minimum payment of 40 per cent cash, and not a side note nor a vost-dated check. General practices in the past have been on a 25 per cent basis. Tramsactions on this basis, I feel certain, are in your agreement, are dangerous. The losses sustained were due largely to the disregard of the economic factor of price change, and the purchaser naturally found it would save him considerable to re- turn the car for non-payment of his note and immediately purchase an- other of the latest model, or even a closed car, for what he then owed on_the original car. “The dealer was then forced into an unwarranted loss on the sale of his repossessed car. I am glad to ad- mit that the 25 per cent practice was soon abandoned, even on Fords, fol- lowed by a minimum of 33% per cent. Few Cars Returned. “In my opinion 40 per cent down would not be a factor of sales re- sistance. All my sales since the first year have been on a 40 per cent basi: and I have not lost a sale. Average: show that repossession takes place in six-month cycles. A purchaser who has paid 40 per cent and six install- ments will work hard to avoid the loss of his car. By a ten-month period of payment, gnd not over twelve under any circumstances, the investment would be small and the resale assured, at a minimum of loss, if any. “The stability of the retail outlets any dealer and the flexibility of his credits are directly involved in the proper arrangement of the flnancing of time sales, so that financing will be orderly, surrounded with proper safeguards and easily arranged. “It is at this point that a closer co- operation and co-ordination between the District of Columbia Bankers’ As- sociation and the Washington Auto- motive Trade Association would greatly Inure to our mutual benefit. Credit Quickly Absorb “In the past, when production of motor vehicles did not exceed a half million per annum and the retail sales a like number, the question was not a difficult one, for a note for the entire unpaid balance was given and this discounted by the dealer in his bank. 7 “This practice In some cases pre. vails today, but, due to the enormous increases in volume of business done, the credit extensions are very quick- 1y absorbed. “If we were to consider but this phase or plan, it would resolve into but a straight banking question and one in which you as bankers would have no difficulties. However, the increasing volume and entry of new organizations into the retail trade gave rise to foreign, that is, outside of Washington, financia] agencles, who, on well defined plans, extended - be- | " THE EVENING STAR, WASHINGTON, D. C., SATURDA]‘{, JUNE 10, 1922.” credit to the dealer in placing the new car on his floor as well as as- sisted him in financing of its retail sale, “A large and profitable business im- mediately came to the front with the ultimate consumer paying a heavy eariff. This rapid growth naturally set up keen competition, originally carrying only the dealer's indorse- ment on all paper, followed by ac- ceptance without recourse and guar- anteed by a repurchase agreement in * case of forced repossession. This has been extended further to the more positive position of the finan- cial agency in paying the dealer for the car and financing its purchase for the customer. This plan like- wise carries the repurchase agree- ment stated above. “It {s perhaps amazing that the present business should have reached its present point with so little trouble from these difficulties, considering the rapidity with which it has grown and the number of retaflers who have come into the business within the past five years. “In view of the present and the probable future market conditlons, however, it {8 not likely that the percentage of time sales will de- crease. Credit transactions will re- quire a closer and more careful con- sideration of the stability of the purchaser—the profit or loss {nvolved in the trade of the used car—depre- clation in price of the new car—and safeguards against fraud or lax methods of doing business. Bank Officers Burdened. “To place the duty and responsi- bility of such a survey on an officer of & bank would be cumbersome and difficult. #He would naturally have to have a distinet and thorough knowl- edge of the fleld. “The individual degler should pro- tect his line of credit with you for purchase of merchandise he rather than consume the major por- tion if not all in the financing of his retail sales. The adoption and fos- tering of a number of local finance companles would minimize the diffi- cultles and safeguard the Individual transaction. “Gentlemen, fn closing T want to say that it has been the belief of the Washington Automotive Trade Asso- ciation that a more common under- standing with the banking frater- nity as a whole of this great indus- try and its many manifestations would be mutually profitable. 1, therefore, desire to impress you with the hearty co-operation we extend to you wherein these difficulties may be cleared away to the best of our co- operative ability. “I realize that In this space of time T have but touched the high lights of this great question—and with the consent of your esteemed airman 1 shall be pleased to an- wer any particular or individual question you may desire to ask me to the best of my ability. In behalf of my organization and personally 1 thank you. RENT COMMISSION AGTS AGAINST 25 Attorney Brown to Seek Compromise Before Go- ing to Court. The District rent commis: put into the hands of its attorney, Chapin Brown, twenty-five additional {cases where landlords have fafled to l ! sells | l on today refund excess rent in accordance with the commission's determina- tions. Under the provisions of tnei newly enacted Ball act extension| Attorney Brown will endeavor at first to settle the cases out of court “The landlords will not be haled be- fore the Municipal Court in these disputes until it has been found that efforts at a compromise are unavail- ing. it is stated. If the commission should find that the tenant had paid the excess rent voluntarily and with knowledge of the commission’s de- cision the whole amount of any re- covery will be paid into the United | States Treasury, according to the: law The attorney for the commission is | authorized and directed by the new | Ball act to commence action in the | Municipal Court in uncompromised | cases for recovery of double the | amount of excess rent. together \\llhj | | an attorney’s fee of $50, to be taxed s part of the costs. Out of the sums Toceived by judgment of the court the tenant will receive the amount of excess rent which he was forced to| pay and the Treasury will receive an | taual amount, credited to the Dis-{ trict of Columbia On or before May 22, the date of ex- piration of the old Ball rent act, At- torney Brown filed in the Municipal Court about 220 cases involving a refundment of nemrly $100.000, in- cluding the Treasury share and at- torney's fees. Under the previous law | there was no provision for compro- \\sing cases, and consequently court action was resorted to. WOULD RENAME STREET. | I { { Bill Provides That 16th Be Called | i Presidential Avenue. Senator Ball, chairman of the Dis-| trict committee, vesterday introduced a | bill at the request of Mrs. John B. Hen- derson, to change the name of 16th | street to “‘Presidential avenue. The District chairman received from | the District Commissioners a request for the establilthment of a new tree nursery to be located one mile above St. Elizabeths, up the Anacostia river. The present nursery is located in Ana- costla at Fort Dupont. The Commis- sloners say that the present nursery small and that if the District desires to keep up & supply of good shade trees the proposed new nursery should be pro- vided. —_— RADIO BILL IN CONGRESS. the recommendations of the radio conterence called by Secretary Hoo- ver at the request of President Har- ding, was _introduced Thursday Dy Senator Kellogg, republican, Minne- sota, and_in the House by Repre- sentative White of Maine. The bill follows the general line of the conference's report, which was drafted by a committeé of experts, and would enlarge the powers of the Secretary of Commerce in the regula- tion of radio communication and the | apportionment of the various wave | lengths to the different users. It also would create an advisory committee to aild in the administration of the law. Allocation of wave lengths to give stations would be in the hands of the President under the amend- ment. CALLS WAR ON FLIES. Health Officer Says Swatting Should Begin in Earnest. Now that Washington is experienc- ing regular summer weather, Health Officer Fowler today proclaimed it the duty of every good citizen to take his swatter in hand and start after the flies. The temperature during May was o mild_that flies did not breed rapidly, ot from now on they will come forth n droves from the dark corners of | the house. Dr. Fowler sald today that aside from_its germ-carrying propensities, the fly is a dirty insect and should not be tolerated in any home. Every fly that escapes your swat- ter this month will mean many more to combat later in the summer. Swat early and often, is the health officer’s advice. | | The law, {m. lant Chap Abe Martin Says: - P What's become o’ th’ ole-fash- ioned girl that used t’ drop out o’ sight when crossed in love ? We've allus noticed that th’ fellers with th’ most civic pride | don’t pay any ta: (Copyright National xe wepaper Service.) INES COLLECTED AND STATE DEFIED, Montgomery County, Md., Will Fight to Last Ditch to Save New Law. ROCKVILL! Ma.. June 10 (Specis —Notwithstanding the opinion of Attor- t ney General Alexander Armstrong th the law enacted by th ture, affecting the poli other justices of e county, is unconstitutional because its title does not sufficiently indi- | cate the prov ns of the act and for other reasons, and that, therefo; fi all automobile coll ed in this unty must, tofore, be turned over motor vehicle comm tices of the peace county have becen county commissior attorne; John nd coll als through their rrett, to somply with the prov f the law and °nd all such fines and ecollaterals to Thomas Gott, clerk of the police ceurt, who Wil turn same over to the county treasurer v credit to the “police 1 byt law. ) The law be effective June 1 nd funds from sources indicated e dy 1 to 1 ved he attorney weneral, ver, has | let it be understond that steps will be taken by him to have the courts declare the law unconstitutic nd if that is done a lively te i beli 1o be inevitable, as the county commisstoners seem’ equal determined in the e In his letter to th the peace Attorney Garrett in considerable detail the of the law. The justic formed that the curtails the juri c: of all jus “County, cxc and that alone authorized 1 termine” any case in which a violi- { tion of 1aw 'is charged. but that the other justice: to | issue warrants, them return- able before the police justices, n fix the amount of bail or co. d issue summonses for wit however, does not, g to Mr. C rett, affect the iction of justices’ of the pe civil cases. HONORS GEN. PERSHING. Council of Churches Presents Him With Chaplain’s Medal. n. Pershing was pi ted with e chaplain’s medal of the Federal Couneil | of Churches at a diny + his honor at the Cosmus Club Thursday night. Col John T. Axton. chief chaplain of the | Army, made the presentation in behulf of the council. Bi m F. Me- | Dowell of the Methodist Episcopal Church presided, The medal has been av i to all Protestant chaplains, who ved either the Army or Navy durin war. It h also be warded W row Wilson, Pre Sta during the war, Secretary of War Baker and Secretary of the Josephus Daniels. In gddition it been awarded to commanding gener- s and chag who rende out- n in Among nding Christ t mies of the allies re Marshal Ferdinand nder of the allied arn Gen. Baron Jacques of army, Gen. Armando D Italian army, Gen. Robert Neville of the French army, Pierre Blomaert, chief of the I'rotest- ins' Corps of the Be Georges 1 chiei army: Bishop J. Tayvlor Smith. chaplain of the English army; Col. William Reattie, director of the chap- lains' service of the Canadian army; haplain E. Bertalot of the Italian army, and Chaplain Victor Monod of the French army. The medal is of bronze, about three inches in diameter, design Laura_Gardin Fraser of one of the best known of York, American medalists. The design exp the | spirit of the men who served as Measure Would Give Secretary of chaplains in both branches of the | service. me side commemorates in Commerce More Control. [(iniyoi' the service ofthe Army ! A bill amending the radio communi- | chaplain, representing a chaplain in cation act of 1912, to make effective |the act of supreme service minister- ‘ing at the risk of his own life to a wounded gunner. | WEEKS TO GO TO WEST POINT. will attend the s of the United Secretary Weeks graduating exerci States Military Academy. at West Point, N. next Tu v morning and will distribute the diplomas. HOUSEHOLDERS ATTENTION The Recommended Serv- ice Column in the classified section of The Star can help you solve your many house- hold or personal service problems. The advertisers in this column have been recommended to The Star as reliable and guarantee satisfactory services to Star readers. nl For admission to t h e Recommended Service Column apply to the Advertising Manager, Sixth Floor. for this | of the United Maj. | r~o e C. S. OFFICE TO BE MOVED. Secretary Fisher to Open Quarters in Archie Butt Building. The office of L. H. Fisher, secretary of the fourth civil service district, will be moved Monday from its pres ent quarters in the old land office building to the Archie Butt Building 1725 New York avenue. will open for busi quarters Tuesda trict_of the civil the District, Marylund, Virginia and West Virginia HOUSE STIRRED UP BY PHILLIPS CASE President Accused of Seck- ing to Bridle Press. Daugherty Attacked. i The case of J. Phillips, n»publu‘nl\’ state chalrman of Georgia, arrested! on charges connected with war fraud | | prosecutions, came up on the floor of | |the House yesterday. Representative oy C. Woodruff of Michigan, repub- lican, Joint author with Representa-| tive Royal C. Johnson, South Dakota, of a resolution calling for investiga- | ition of the Attorney General's failure to prosecute war frauds, renewed his | attack. Representative Larsen of {Georgia was led into the controversy by Chairman Campbell of the rules| committee and stated positively that | 4 congressional investigation is need ed and that he belicved there w !ground for such action. Representative Begg, Ohio, defended the A persions an - should not be assailed ks to put war grafters | | e LES NEVER CURLS. ASF) S| 7HE SHINGLE THAT BEAUTIFUL—DURABLE. ASBESTOS COVERI COMPANY, 916-918 D St. N.W. *Plfune M. lffu Wnln!n.fm. D‘,‘:' Match Your Odd Coat With Our Special TROUSERS $4.65 | Representative Woodruff, referring | to the Phillips said “There is a | S . great activity now, but there was Save the price of an en- Inone until after April 11, when on the | fluor of the House T threatened to im- {prach the Attorney General if he did not do his duty in dealing with war fraud off i Representative Larsen said “The pubiic will never be satisfied with an | of fraud cases by the General, who is himself tire new suit. All col- ors, sizes, patterns. EISEMAN’S 605-607 7th St. N.W. NATIONAL SANITARIUM Lady Physician in Charge orney under fire Represe tative Begg, defending At- torney General Daugherty, declared | - if he was *“‘one alf as guilty s some | people had charged” the President and | the public soon would find it out | b o member sharply criticized | s by innuendo” on the Attorney | t to jail as ~tiga ; in during dozen members | sen bro with half a 10 APt ithrdin, Mummall_and Four Miles This Side of ¢ went 1o prison after congres- Rockville, Md. inquiries B} n charged that efforts had | . The ideal. dignified, quiet and de to “bridie the press of the i restful sanitarium recommended Washington's leading phy- s Only minutes by auto or trolley. Rates upon request. Phone Kensington 2-M. ¢ to say,” he added, *th en made by the disti chief as, in my do a thing | executive of this country, udgment, undertaken to that Congress itgelf is not permitted | do. The Constitution provides that all_pass no law abridging om of the press. Yet the ative of this government, the to execute the | the papers and | he press ent upon the vari t his distin- arges made i Attorney Gene /GIVEN VERDICT OF $3,915 AGAINST SHIP BOARD, | Hupmobile The Hupmobile de- velops great pu 1lin g power on high gear climbs the average low- gear hill on }\igh. and pulls through sand and mud on high gear. San Francisco Shippers Claim Dam- | ages for Delay in Cargo—U. S. Supreme Court, verd Uni 31 Shipping Sterrett & Fleming, Inc. 7 exchange on 23,000 pound between June 1819, an L T ecion witl pronanr, || Champlain St. at Kalorama Rd. +1 from the judgment which is ' (Below 18tk St.) llow the rdict, because, it is "h there arc more than 100 simi- | Telephone North 5050 claiins pending against the Ship- | ping Board, which maintained that | ould not be 1d liable for the fall | nge i sn contra d W he H-'tl‘ | corporation to ship a cargo of barley e il L s | For Sale—Houses was delaye i g did not oecur untl Sep- . 5 When the goods arrived Central Downtown—9 exchunge on the pound d 2 % ling had fallen from 4.31 to 4.16 rooms and 2 baths. 3 “hr hippers cl they should Large. new, double ga- » have th ¢ in addition to . r dama and paid by rage, 30-f oot side alley. | the Heet co. All rooms bright and { Attorne Covington, Burling & = tablee and Spencer Gordon represent- airy. |nvi the shipper: | QUITS SHIPPING BOARD. James P Murphy Priced for quick sale at $17.300. Very attrac- terms. es represent tive tive of the material sales division of | {ihe United States Shipping Board | nergency Fleet Corporat gned position o b Possession at once. JOHN W. THOMPSON & CO. Incorporated 821 15th St. Main 1477 Exclusive Agents, Capt Benning, Gi istant pr nd tactic: Institute, at_Fort Lexington. The 14th Street Terrace Development | 1S NOT ALONE THE LARGES OF ITS KIND.IN WASHINGTON BUT ALSO THE MOST SUCCESSFUL 4 T = To have been able to give thé people of Washing- ton completely detached homes at the prices usually charged for row houses is-an accomplishment of which we are justly proud. i The buyers of Homes have expressed their opinion of the values offered in the following manner— Over 127 Homes Sold Before Completion i An Inspection of These Detached Houses and American Bunga- lows Is Time Well Invested THE SHANNON AND LUCHS INTOWN SUBURB All the advantages of suburban life, but with all of the city’s comforts. | | | i E i | i TO INSPECT Take any 14th Street car—finest service in Washing- ton-—to Jefferson Street N.W. Prices, $12,950 to $16,500. Our usual easy terms available, .SEE THEM TONIGHT Owners and Builders