Evening Star Newspaper, June 4, 1925, Page 16

AS. THE 'EVENING - STAR, WASHINGTON, - D. C. THURSDAY, JUNE 4, -1925.' ‘| funded their obligations to the Un\ufl Aapproval. L | make for peace, prosperity and sta-| their -purchases of American goods Gen, Aleshire, who was retired in| TORONTO, Ontario, June 4 UP).— States Treasury. . The Morgan deal| Government financiers uy thers is | bility in. European countries. They |would diminish and eventually cease Body of Maj. Gen. Aleshire to Be |1916 because of {1l health, MURG ANIS IIAUAN $2,138,543,852 — who have _not without at lesst Washington's uelt[muua States. Such transactions |of the peoples of France and alv.|W|LL REST IN ARLINGTON. D S today tollowing brief tunesl] . Heads Camadism Church. th, was a_vet- . i with Italy seems to dispose of a|every reason for approving the policy | strengthen well-intentioned govern: | altogether. So in helping Kurope to poc B v o en Wer The Rev. Dr. G. C. Pidgeon, minister | theory ircesponsibly. put forward in|of which the Italian transaction is|ments and fill them with ambition to|get back to currency normalcy Amer- Brought From Wyoming. the Boxer Rebeljon, Sioux and Apache | Of Bloor Street Church, Toronto, was Washington that the Coolidge admin- | the latest example. Far from en-|square accounts with Uncle Sam and | ica is helping herself. Indian campaigne and was active in|uUnanimously chosen last night mod istration would ‘‘frown” on further | couraging Italy or other debtor coun-|their other forelgn creditors. (Copyright, 1925.) SHERIDAN, Wyo., June 4 (®).— |the work of the Couneil of Natlonal|erator of the fifty-first General Assem A LERTRGN . 0F Smerioan eapltal, 1] tries (8 pOscOSDa MUk lonalc the Iind. | STREN £qld reaft deiwikrs turther | A RN | Maj..Gen. James B. Aleshire, who died | Defense during the World War. bly of the Presbyterian Church in European -delinquents. While “re. |ing of their American debts, anvthing | more of direct advantage t0 American | here Monday night after an iliness of 0 i y of ‘the Presbyterian -Ghurc volving ctedits ' are not exactly loans, [that helps them bolster up their cir |business. If French francs and Ital-| Fifty thousand people now are sm ‘m.nv vears, will be buried in the Na- Canada. He will hold office until the % Jt §s wholly tmprobable that even they | rency systemns promotes their ability | ian lires were (o timble fo values that | ployed In Relghim's turniture Indus-|tional (emetery at Arlington. s| Wireless apparatus expositions are | denomination enters officially the $50.000.000 Relief’ Fund |S would - be . extended by Wall street 1o ‘approach a settlement with the put the gola doliar beyond the reach ' try. body. Wil be BtRrted to Washington,being held in Bngiand. Uitea Charen on June 10 —_— - M-/ ’rt r ryY-m] - - Virtually Vote of Confidence | 9@y Sas 0o 9nSaOptoa B BB 0BG GG0 GO GG OOES BLGY @mmmmmmmm@&mmm@@@ Y . in Mussolini Regime. ey | : ' 1 000 AStOllIldll’l Creatlons Messrs. J. P. Morgan & Co.’s $80,- 3 : . 000,000 credit to the banks of Italy 18 a far more significant transaction than is indicated on its tace. It Isin s fact only the latest: of a series of ¢ \ l' l I Ol I ' e ‘NJ Ol transactions during the past year ‘de- - < 7 aigned 1o stabilize Furopean curgen- (§ I : cies' with the ald of American gold. About a dezen different European \ countries have been thus alded. The p ; = : TInited States, quietly and systemat- - - lcally, has been contributing toward d . A B the restoration of the gold standard SN - % throughout the Old World. « & The main purpose of these Ameri- ol Rt can relief measures, as in the case of = . Italy, is to keep the currency unit of . g » i i ¢ the country in question from falling % i : ; 2 to the danger point. The Italian lira 7 e ; has been crashing toward the bottom R . st a rate that threatened serious re- R 3 5 sults. Nothing less than the fate of E = Mussolini's regime. Washingion au £ > - = 4 thorities declare, was at stake, I 4 ; - * £ the lira had tumbled another American cent or two in value, a crisis would have ensued in Rome, Milan and other Ttalian centers that would almost in- evitably have spelled disaster for the Fascist government. The Morgan firm's willingness to establish a $50,- 000,000 ‘“‘revolVing credit” for Itallan banks, on the lines of the recent $300,- 000,000 Federal Reserve-Morgan credit to the Bank of England, is a vote of confidence in Mussolini. Thomas W, Lamont. the Morgan “foreign min- ister,”” was in Rome in April and May. He satisfied himself that Mussolini's achievements in budget-balancing taxation reform, and strong govern ment generally are such that the lialian financial situation deserved | Ten Countries Ailded. The roll n( the United States Sul(‘ eredit tra for the benefit of Enrope du; 25 is as follows: France ©..$100,000,000 Sweden ... <i... 30,000,000 Czechoslovakia ... ... 10,000,000 Denmark 40,000,000 Finland ... .. Germany Great Britain. Austrla ..... Hungary. .%.......... e e e 4] Every dollar of these credits, aggre- | gating nearly $750,000,000, has been private banking capital. None of it has been supplied by the United States Treasury. It, of course, does not rep- resent money actually sent out of the country. It is money placed to the | credit of the various countries for use in case of need, and is principally of moral value In’the rehabilitation of credit and exchange. The amounts 5 * v A - listed against the names of Austria \ Lg ot 100 St l 14 W 14 And Hungary ‘Ace "shealled “reson: : i - A - yles. onaerru artevy . struction credits,” for which the b « League of Nations is more or less A sponsor. The $110,000,000 credit in Germany’s favor fs America’s share AN 5 & Selling starts tomorrow! = And the selling ‘will be. rapid, we've no doubt under the Dawes plan of the funds re- . : auired to put the German reparations : : : Qs o of that—for such hats at $2.94. with the Summer season just starting is far Prnicor pto i Kold baed 2 \ : : ? ; 2%/ beyond vour fondest expectations! They're wonderful! Made to order by e Italian transaction is particu. | larlv Interesting beczuse the bene- | £ Hdrr\ S. Morris, one of New York's leading makers of popular-priced milli- ficiary is one of our European debtors : . . —in fact, the third largest. owing us : A / mery. To get just an inkling of the rare treat that is in store for vou, won't you 2 S 4 : 4 come down tonight and see these wonderful creations in our 7th street windows? Our entire popular- prlced section, plenty of extra salespeople — all rle\nted to this great event! An amazing sale of Summer millinerv! . Starts tomorrow ! ST T : EINEE ) ) : Absorb These Details—Come Early! i 1 £ 2 el i 5 ¢ ¢ < : ‘ - There are scores of styles—for misses, dignified types for matrons! Gay sport hats, smart 16 [Be=w / ) i 7 / T street hats. stunning afternoon hats! All New York stvles! Direct from New York! A rainbow E_DAY WATER & g y p " ™ 5 of colors! And newest trimmings! ¢ LAND ROUND %! A / 2 s 5 s J TRIP TOUR OF | |a Materials Trimmings Colors Styles /CCC Leghorn Pins Red Sand Pokes F L 0 R l D A g Taffeta Wreaths Navy Wood Sports i) B\ ah Bengaline Ostrich Copen Black Turbans Every hi ¢ 07 WA Crepe de Chine Ornaments Pablo Almond Mushrooms ¥ /I S Novelty Straws Single Flowers Orchid Ash Rose Cape Lines Included K g, f : -\ Swiss Hair Braids Cluster Flowers | Combinations of black and | Off-the-Face Azure Hair Braids Velvet Bindings | red, navy and red, red and | For Misses i Lyons Velvet and Hair Braid | Pleated Ribbons | white and others. For Matrons ext Tour S S ZAA, i In Ordering By Mail or Phone Use Numbers Marked on Each Hat. Only a Few Other Tours Start | § \ "‘ Sy \ of the Many Styles Are Pictured. So Come In If You Can June 9, 12, 16, 19, 23, ) 3 X Make Your Reservations Today y g d ", Leave Washington bV bus " s / Baifimore — making ction S 8 2 p ¥ with Merchants = § \ X K This waier irip “nclia vaxfi:"# Y 2 water trip ‘inel: | 7thoand Sth of Jane.~ At Jack: : Ronville the' tour contitues 6 8. Augustine in one of our $15,000 o = Palatial Buses, and slong the east i 7th to 8th to E—~FAMOUS FOR QUALITY SINCE 1860—Franklin 7400 coast of Florida, affording inspec- tion of Daytons. Indian River C . Stuart, e return trip is the same. By Fhe Sea Gen. $5,000,000 Goethals Housing Plan —A bond and s personally mortgage com) — sUpDervisng ) organize the” construc- { ‘fnance the build: tion of Holly wood's $18. 000.000 Deep Sea Harbor. 8-Day Railroad Round.-Trip Tour these rail "and = sighteseing urs. - Offering you the T subatituting the ‘water way. Al XDendes are included. Open Every Evening Until 10 P.M. 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