Evening Star Newspaper, June 29, 1922, Page 11

Mutual Fire Insurance Company of the District of Columbia —since 1855 has maintained more than ', sufficient-assets for.the protection of its policyholders. It has never asked for meore than the regular annual premiums to defray the losses and expenses:. The selected character of the risks as- sumed and the conservative amount ac- cepted preclude heavy losses. The wide streets and avenues of the City and Dis- trict and the .efficient fire protection service is assurance that a conflagration is very remote. This company has “stood the test” for nearly 68 years. B 'W. A. H. CHURCH, President Phone Main 1180 L. PIERCE BOTELER, Secretary 13th & New York Ave. N.W. “ Ta-11 57, NULLDgom paas wOTA We will deliver any order of $5.00 or over to any part Lb., 30c Morris ” Smoked Hams Yo Sipreme; brand New Potatoes | FreshTomatoes o No.- 1 Stock Lb. 10c 3 Ibs., 25¢ Delivery— Watermelons On Ice Each, 50c 15 Ibs., 40c 150 Cantaloupes /%, Potatoes, No. 2 String Beans, ° (Medium size) Head Fresh ‘Fish Specials— Halibut Steak. .lb., 40c Boston Mackerel, Ib., 25¢ Butterfish. .. .. . .lb., 22c. Croakers.. . ....lb, 15c Trout..........lb, 20c Sea Bass.......lb., 20c Fresh Meat. Specials— Leg o’ Lamb. . .1b., 35¢ Prime Rib Roast, Ib., 35¢ Bouillon ......lb, 25¢c Shoulder Clod. .1b., 25c ‘Baking Chickens.lb;, 35¢ Frying Chickens, Ib., 55¢ Eggs (Strictly doz.; 32¢ fresh) Veal Shoulder. .lb., 25¢ Hot Bread and Rolls Delivered to us at 4 o'clock every day. Fresh from the ovens Box Bread, Vienna, French, Whole Wheat, Graham and several Varieties of Rolls, Berens’ Rye Bread, in 1-1b. and 1%:-Ib. loaves., with and without the seeds. PK Coffee Lb., 27¢ 25¢ Toe. 20c 1bs., 1& doz, 18¢. Cabbage 10c New Beets. 5¢ Apple‘ (Cooking) 4 Ibs., 25c ilk Lemons Bunch “Sunbeam Brand 10c can, 4 for 32¢ “Gold Medal" 12-1b. sacks 63c Flour Gingerale ¥t Semn” 25¢ Best Cane Sugar cranuiated, 10 1be 65¢ Try it iced, it’s delicious ‘There’s a Message In the Mails For You - Worth Careful Reading Your letter should reach you Fri- day morning. You will want to read it, and we do not want any car owner to miss what we have to say about SEIBERLING “CORDS 'C The Tire sensation of 1922. We have a message that will save you money. - . Wil be particularly intérested in the Sei- berling Clincher Cord 30x3%4 at $12.50 (no tax). j i : * The First and Only High-Grade Cord Tire. - - Designed for Fords. }partment Chairman of Senate’Fihance Committee Given Data oni Conditions. Charges of profiteering on the part of American “department stores and their {nfluencing of the metropolitan press against the Fordney-McCumber riff-blll, made on the floor of Sensite, were denied in an open lettér to Chairman McCumber of the Senate finauce committee from the executive committee of the Natfonal Retail Dry Goods Association, made public -to- day. The committee requested tHAt Mr. McCumber place the letter in the Congressional Record, in which his charges were published. % The letter said, in part: ) “The answer to the charge that the great metropolitan newspapers are. venal and corrupt should more prop-' erly come from the newspapers, but we desire to record our belief that this charge is untrue and unsuppotts able. “We consider it fitting that the M@ tional Retail Dry Goods Association should answer- your second charge, that df ‘profiteering,’ as our member- ship includes ghout 2,000 stores, both large. and .small,- situdted. from “the Atlantic to the Pacific, from the-Cana- ian border to the Rio Grande, doing a net business yearly of more than two billion dotlars. “You base your charge on the pre: sentation of a number of imported articles, such as a cuckoo clock, imi tation pearl necklaces, kitchen tabl¢ knife, barber's clipper, linen napkin; electric light bulb, silver-backed watch, ladies glove, shears, razor, curling iron, paper thermos bottl English straw hat, cane, carving sef pocket knife, decorated plate, flap- jack turner, briar pipe and smoothing fron. Ynu designate the ‘spread’ bes tween the forelgn cost and the retail price of each of the articles of your exhibit as the ‘profit! as follows: “‘Here fis a little ‘'watch, silver backed, I think. 1 _do not know whethe it is bought by the gross or by the piece. The forelgn cost is a doliar, and it is retailed in this coun- try for 9.45. Tho spread, therefore, is §8.45, and the profit, of course, would be 845 per ¢ent.” “Without questioning the accuracy of the cost and selling figures or your method of computing them, or wheth- er they are duc to depreciation of ex- change, the truth as to the “profit” is, of course, entiraly. differenf from your. statement, bécauke to the for- eign cost must be added the cost of foreign buying, inland freight aboard, consular fees, freight and insurance, duty to the United States govern- ment, custom house charges, general overhead, th: cost of doing business in this country and federal and other taxes. The spread between the cost %0 detgrmined and the price at which the goods are sold fs the true profit. Thus it is apparent that every-per- centage of ‘profit’ of importer and re- taller, stated by you, ‘In some cases to be upward of 2,000 per cent.”. is incorrect and misleading. Tt appears that you have made the error of de- signating _as ‘profit’ the difference between the first cost of the mer- chandise and its marked retail selling price. How profitable all business would be if there were no expense! Little Profiteeriog Found. “The truth about the so-cniled profiteering by department stores has been authoritatively proven to be at complete variance with your asser- tions. In 1920 the Department of Justice completed, under the Lever act, a searching investigation into the charges of retall ‘profiteering’ so widelv circulated in the press at that time. “To the best of our knowledge and bellef, out of thousands of depart- ment stores investigated, profitesring was found in practically no cages. It is interecting, In view of’,.yowr charges that the newspapers: are controlled by their large advertisers, to note that for a period of skx’ or eight months the press of this coun- try at that time carried on the hue and-ory against the retail stores, al- though the members of our trade were lafge users of their advertising columns. . “The bureau of business research of the Graduate Schogl of Business|’ Administration of Hi rd University conducted, an- inquiry into the cost of operation in retail dry goods and de« - stores . throughout .the TUnited States. We quote from their report. Profit and loss statements for the year 1920 were obtained from 305 stores located in thirty-nine states. with aggregate net sales of '1$535,193,000, varying per store from $71,000 to $29,000,000. The average net profit was thown to be .018 per cent of sales. other words out of each $1.00 of sales 18-10 cents was retained as profit. Certainly a net profit of 1 8-10 cents would not be regarded as satisfactory by even the most bitter critic of the retailer.” 5 —_— The Czechoslovakian government in- tends to the sale of radium a state_monopoly. Joachemsthal, near Carlsbad, is the chief source of supply ‘| of radium. L] a MEXICANS FREE40 - - AMERICANS, SEIZE 6 IN BRITISH CAMP (Cbitiniied from FIrst-Page. ®ficial captured by bandits near Cu- ernavaga.and held ‘for rancom, hed] obtained his release, but gave no de-; tails, The department in answer di- rected Mr. Summerlin to take steps as soon ag: Mr. Blelaski reached Mexico City to urge the Mexican fegeral au-- thorities to capture and punish the bandits who had held the American |. in_ captivit. g The Washington government still withheld any step- that might pave the way toward more emphatic demands that the Mexican government-accord the American in jeopardy. full protection. attitude taken at the State Depart- '-flem was that'the meager reports now EUROPEAN LEADERS Britain, France and Spain| 2" All Jealous of Spot Hav- " ing No Real Owner. BY LIAM E. NASH. By Cable to The Star and Chicago Daily News. Copyright, 1922. PARIS, June 20.—A survey of the European political fleld indicates that July and August wiil'be active in a diplomatic way. Three supreme.coun- available, serious as the' situation ap- |C\} Meetings’are scheduled, the, firat peared o be in the face of Consul haw's message, did not justify as yet dispatch of warships to Mexican waters or any similar step. Nothing has yet- come to hand indicating that the Obre- gon government is not, as it i3 expected to do in the circumstances, dealing with the Gorozave coup in @ way to safe- guard American lives and property. i 15,000 Troapa: Omce im 'Distrist There i3 ope poifit in which:the:: sage of Consul Shaw does not check up with what was previously understood in offfclal circles here to -be the situation in the Tamplco region. The consul's message said there were no Mexican federal forces in the vicinity of the Aguarda camp of the Cortez Oll Com- pany, where the rald and capture took place. Other reports indicate that there are at least 2,500 Mexican federal troops in_the Tampico region. Until recently there were approxi- mately 15,000 Mexican federals in the Tampico district. The troop concen- tration there was one of the largest in the Mexican army, indicating the importance attached to maintaining firm hold of the oil regions by the Mexico City authoritles and also, presumably, the condition of unrest prevailing in that region. Labor and other disturbances: to thesouth of Tampico a short time ugo resulted in the movement of considerable bodies of troops to other points. Gave Bandits Chance. . The result was a heavy reduction of the available forces near Tampico, and it was this condition, it -was pointed out here today, which prob- ably gave Gorozave his opportunity. In view of the serious conéequences to the Mexican government which any injury to the captive Americgns would imply, however, it was argued that the Obregon government would feel it necessary to rush its forces back to the Tampico region In suf- ficlent strength.to guarantee protec- tion of foreigners. OBREGON ISSUES DENIAL. Cites Telegram as Proof Tampico Area Is Normal. By the Associated Press. SAN FRANCISCO, Calif,, June 29.— President Alvaro Obregon of Mexico in a telegram to the San Franclsco Chronicle asserted that news from Tampico. of Americans held captive by bandits was “absolutely baseless.” Heé characterized the dispatch as “only one of the many malicious deeds to create unfavorable opinion be- tween the two nations.” ‘The Chronicle telegraphed to Presi- dent Obregon, asking for a statement as to conditions. at Tampico and the truth of ~gports of Americans held for ransom. His answer read: Baseless, He Says. “As chief executive, when I re- ceived your dispatch I knew that the news-to which yoyi allude is absolute- 1y: baseless and is omy one of the mar’y malicious deeds of persons whise intentions are inimical ta the interests-of Mexico. - However, to sat- isty public opinion I telegraphed to ghe chiet of operations at Huasteca for complete information. - I herewith submit. the telegraphic communica- tlon: “'Gen. Guadalupe Sanchez, conollto. B "1 see that newspapers in the United States in scandalous form publish & report from Tampico an- nouncing that forty Americans have been taken captives and held for ransom from the camps at Aguada.de Ia Cortes Oll Company by the: bandit Gorozave, and although I feel positive that thig report' is one of the many ainful means used by the enemies of exico to bring about difficulties be- tweén the two ‘governments and to create animosity between the two na- tions, T want your official advices for submission to the press. “‘ALVARO OBREGON.'" Chin- _— e The Largest Savings Department of Any Bank in Washington I You cannot down him. .. He may be up against but he will scheme and squirm -and. wiggle through—somehow. The deeper the hole “he finds himself in the - more ingeniously and * earnestly ' hee. will struggle ¢o extricate hifnself.: . 7. - He will save some- - thing—no matter what hisincome. it Independence will some ard. Lincoln National Bank T GRSt Everything Reported Normal “His reply: “‘Chinconcillo, June 28, 1922. President of the Republic: “‘Up to the present time no agency of any oil company has presented The The Saver tough proposition, day be his re- in Kondon on the subject of Tangier, with & Spanish delegute assisting in the discussion; the second in Paris on reparations, and the third on the subject of thé near east. _In all these discussions the French &nd * British prime ministers will strive to reconcile points of view 8o radically. different” that they keep — cemplaint in regard to.the taking of prisoners of forty Amerigans. I made inquiries of Gen. Juan Casiano, super- intendent of the Cortes O/l Company, who was n the barracks yesterday afternoon. He Informed ‘me that rebels had beep near tr's Aguads, La Pluma and” El Rosiilo camps.® I.im- mediately ordered Gen. Portas to pro- ceod to the vicinity of those camps with orders to pursue and run down the enemy. 1 am sorry that owing to the long distance.from the.camps I haven't the knowledge that other in- dividuals who are In tne neighbor- hood may have. “'GUADALUPE SANCHEZ. “A later communication follows: President of the Republics ‘I have the honor. to .inform you that there has just arrived here from Ozuluama an automobile containing Gen. Panunclo, two officers and three troopers, having passed through La Aguada, La Pluma and El Rosillo. They report everything is normal. “‘GUADALUPE SANCHEZ' “The above replies from the chief of operations tend to the certainty, once more, that there are.powerful opera- tions at work to create unfavorable opinion and animadversion between the two nations, with no other object than to satisfy thelr own interests.” (Slgned) “A. OBREGON.” In Strategic Position. Tangier,.which is opposite Gibral- tar, represents one of the few spots left on theysurface of the globe hav- ing no real owner. Theoretically under the control of the sultan of lorocco, it is specifically excluded from the control of France, which dominates, the policy of the suitan. Though irtually, surrounded by 4t has nothing to hich would 1tke to control it post to the Mediterranean and a com- lement to the rock of Gibraltar, is ept out by the jemlousy of France and Spain. Besides being of strategical im- portance the city controls most of the commerde passing out of Morocco into Europe. Consequently France wants it decided immediately whether a con- tract for harbor Improvements Te- cently let by the sultan to a French compapy s valld, “The’ $eparations dispute now, as ever, turns about the feasibility of applying penalties to Germany,” the writer was told today by an authority on French foreign policies. “Britain belleves 1n the virtues of concession and compromise. France thinks that the spirit of revenge, which is gain- ing ground In: Germany, should be obliterated once-for all by a demon- stration of force. It is about the mat- ter of penalties that the most diffi- cult ‘negotiations®will turn. Problems in Near Enst. “In respect to-the Levant, the dif- ferences of opinion between France and Great Britain are deep, Funda- mentally France is not hostile to Greek inguence in the Dardanelles. She is beginning' to dread that a re- suscitated Turkey will be strong enough to lay clalm once more to Syria and to demand the leadership of the Mohammedan world. Neverthe- fess, as it has proved-impossible to coerce the nationalists’ by force. of arms, France maintains that it is preferable to treat with the Angora -government and§ obtain concessions while there is yet time.” — 'PLAYGROUNDS TO OPEN. Twenty-Five Schoolyards on July 5. Ready School playgrounds will open for | the summer season July 5, it was an-. nounced yesterday by Mrs. Susie Root Rhodes, in charge of District play- srounds. The twenty-five school playgrounds will augment the other recreation places of the District for the young- sters. ——— There is no ‘word in the Chinese language that conveys an intimation Jof what we term public spirit, nor| is there any synonym for patriotism. HY not have your home as comfortable as your oflceg 5 G-EFansmakeit easy tokeepcoolanywhere, everywhere—at work or at play. A Product of . General@Electric smagte Company shdas i Sold by dealers everywhere Buy From Your Local Dealer Look for the G-E Fan Display in His Window There Is a Dealer in Your Neighborhood—Patronize Him National Electrical Supply Company 1328-30 New York Avenue Pennsylvania Avenue [ A Sale of “Our” Suits ,Chdice of several hundred Suits, of our best grades—the season’s best ! sellers—which we have divided into two groups— . Suits that sold up Suits that sold up b e e NN . Of course we’ve had to shut out all consideration of the actual cost— .-~ but'we want to move these Suits—and yow’ll'appreciate having them BE- .© "'FORE “The Fourth”—instead of after. So we shall start the sale tomor- .. . fow morning—opening the store at 8 o’clock-for your special benefit. Tweeds—Homéspux;s—VV orsteds. Single-breasted; Double-breasted; Youtig Men’s, Conservative; and our distinctive Sports models. Tl.iere‘are all sizes in the combined lots—and every Suit has come out _of our regular-stock. Seventh Street $3175 $21.75