Evening Star Newspaper, October 6, 1926, Page 5

DEBT RESERVATION COMPROMISE SEEN Poincare Proposes Plan to Voice Opinion Without Chapgging U. S. Pact. By the Associated Press PARIS, October 6.—Another version of contemplated French reservations to the debt agreement with the United States appeared tod: Yesterday it was reported that Pre- mier Poincare would propose approval of the Berenger-Mellon settlement with such oral reservations as Parlia- ment might desire to make. Today Excelsior says that Poincare 1s understood to have told M. Simon, president of the finance committee of the Chamber of Deputies that the Washington Government would be disposed to take into account reserva- tions dealing with the question of safe- guard and transfer if expressed in a letter Such & lerter would be similar to that which accompanied the signature of the AngloFrench debt agreement by Chancellor of the Exchequer Churcaill and Finance Minister Cail- lajux in London. Would Not Modify Pact. Such reservations, the paper said, would he embodied In a preamble to the ratification of the debt bill, thus permitting the C‘hamber of Deputies to put on record its views without modifying the text of the debt agree ment While Premier Poincare is now con vinced that the way of France's finan clul salvation lies only through ratifi caton of her debt agreement, says Excelsior, many deputies do not share his conviction and only by permitting them to voice ress ations can he suc ceed in forcing ratification before the end of the vear, as is his desire. M. Poincare is confident of obtain tng a satisfactory vote after this plan and appears tq have won over M &imon. The latter told Echo de Paris that, while guch procedure had never been emplayed in France, it had been in jmerica. The reservations, or ssibns of reserve, he remarked, could take the form of a phrase in- serted in the preambie, such as “con sldaring that this agreement can only be validly applied if accompanied by transfer and safeguard clauses.” Would Protect Exchange. The transfer clause would have pro vided that France should not endan- ger her exchange in order to pay any vearly installment on her debt to the United States, The safeguard clause would have provided for the protection of France in her pavments to the United States should Germany fail to meet her repa- ration obligations. Neither of these contingencles was accepted Flotation of German railroad, indus trial and reparations honds in the United States has become a settled policy of the principal continental allied oountries entitled to repara tions. The Trench government. which formerly was adverse to the scheme because of the large sacrifices it would be ohliged to make in order to render the securitles attractive tn Amer ican investors, now earnestly i favor of the scheme, because of the ready cash in dollars the flotation of the londs would make available for use in Premler Poincare’s stabil- {zation plans. France, Italy and Belgium. who have been especially interested in the profect, have had the matrer up at Washington, 1t was authoritatively | learned yesterday. Thev seek to per suade the American Government to American banks 1o interest in the project. It is under. atood the French used the argument that floating these bonds will make it easter for France to stabilize the franc and hence make the payment of war debts less burdensome. U. S. OFFICIALS SILENT. American Commission Insists on Rati- fication Without Change. the Assoriated Press Reports of various plans in Paris for attaching reservations. oral or otherwise. to the American-French debt agreement have failed to evoke from American officials any indication whatever that their attitude in regard 16 the settlement has changed. The position of the American Debt ommission has been without varla- Br 1 1lon in insisting on ratification of the agreement without wodification. Reservations, it is believed, would re- open the whole debt question from a lagislative standpoint, Inasmuch as the agreement already has been rati fied by the House and is awaiting ac tion by the Senate. Tt is not clear in the eves of ob- sorvers here what effect oral reserva- tions made in the French Parliament, but not attached to the agreement. would have. Officals haver refrained from commenting on reports that such a plan might be adopted. PUPILS EXPR'ESS THANKS FOR GIFT OF BOOK COVERS Neatly Written Letters Received by The Star From St. Dominic’s Parochial School Unit. Sixtesn neatly written letters, rep- resenting the literary and calligraph- iral efforts of the pupfls of the sixth grade of St Dominic’s Parochial Echool, Sixth and E streets south- wast, were received by The Star ves terday, thanking this paper for ‘the book covers it gave the children at the beginning of the school season. A typlcal example of the letters came from Francis Hiddenson. who rald: “We appreciate vour kindness for those covers, sent to us a few weeks ago. They Keep our books from getting sofled.” The 15 other hetter writers wera Jane Kelley, Flora Kurz, Elmer Knott, Elizabeth Constance Kines, Genevieve Catherine Morris. Charles ) Andrew FEllis. Michael Cronin. Cath- erine McWhirt, Helen Tonker. Ger. trude Stone, Thomas Bradigan and Leroy Henley. JAILED KLANSMAN BARES SLUSH FUND INVOLVING MILLION (Continued from First Page.) for the murder of Miss Madge Ober- holtzer. Adams recently declared that an investigation into Indiana politi- cal conditions produced startling rev- elations and has {nsisted that Stephen- son, former grand dragon of the In- diana Ku Kilux Klan, could furnish evidence in corroboration of the charges Mr. Adams has made. Steps were taken yesterday to make clear that although Mr. Adams is a member of the Indian Republican Edi- torial Association, he does not act as & representative of the association in his probe. Five members of the aseo- ciation, after discussing the situation, {ssued a statement saving “The Indiana Republican Editoral Association never has authorized or eppointed any probe committee W hat- ever is being done in that matter is being done on the sole volition of Mr. ' Adams. GIRAFFE AND ITS WILD FRIENDS SAIL ON LAST LAP OF VOYAGE |Big Wart Hog Throws Ship Into Panic by ' Escaping—Python Laying Eggs, Dr. Mann Says. The giraffe, with 200 crates of other more or less interesting animals, has left Port Said on the steamer, City of Calcutta, and Jaunt will be Boston. He certainly will be an educated little giraffe when he finally gets to Washington. The last time the s stopped and he peeked out of his crate he saw the dirty, picturesque wharves of ithe little international city at the western end of the Suez Canal, where East joins West. The next time the big engines stop pumping he will look out_on the classic roofs of the capital of New England. Wild Beast Breaks Loose. Dr. William M. Mann, director of the Zoo, who captured the big animal collection in the Tanganyika province of British East Africa, cabled from Port Said to the Smithsonian Institu- tion that he was on the final lap of the journey at last, and that the next heard from him would be in Boston. They had a little excitement when they were crossing the Red Sea. A big African wart hog broke loose from his cage and ran riot over the decks. He threw the crew, largely Fast In- the next stop of the | dlans, into a panic and it was neces- sary to stop the ship until he could be captured and confined in a stronger | cage. The animal plunged into the stoke- {hold and the stokers. who must be at work all the time to keep the ship going, fled. There was no mov- ing until the war hog was in cap- tivity again. Voyage Terrifically Hot. The voyage across the Red Sea was terrifically hot, Dr. Mann cabled, The trip across the Mediterranean also promises to be a sultry one, and the animals are suffering greatly in their close quarters. The care of these animals during the long voyage con- titutes a problem of enormous dif- ulty, and it is hardly expected that all of them will arrive in good con- dition. Interesting news of the vovage is that the python, the great African snake, is laying eggs, and there may be a brood of baby pythons by the time she reaches Washington. Dr. Mann and his modern ark are expected to reach Boston about Octo- ber 25, a few days earlier than was first expected. FUNERAL DIRECTORS START SESSION HERE Past President Urges That Organi- zation Be Placed on Busi- ness Basis. Twelve hundred members of the Na- tional Funeral Directors’ Association opened their 45th annual convention today at the Willard Hotel, when Mar- tin W. Hysong of this city, president, alled the meeting to order at 10 am. The delegates are visiting the ex- hibition of mortuary merchandise at the Washington Auditorfum this aft ernoon, which will be open until 10 o’lock tonight. of the convention is being held at the Washington City Club until § o'clock this afternoon. F. P. Schoedinger of Columbus, Ohio, immediate past president of the association, delivered the keynote speech of the convention this morn- ing when he urged his fellow morti- cians to co-operate with their officers in “putting the N. F. D. A. on a real husiness basis instead of the poli- tical foundation it has rested vpon for over 40 veary M choedinger declared that the tion has heen the subject of severe criticism by the public for vears and he agreed that much of the resulting hositility was deserved; consequently, he urged that the reformation of the funeral dlrec- tors’ policy. which begun five years ago, be continued. Tomorrow's business ression will open at 9 o'clock and wiil be ad- journed at 1 p.m. so that a scheduled tour of Washington and environs may be participated <in without neglect to the business of the con vention. Officers for the coming year will be elected tomorrow morning and the report of the hoard of gov ernors will bhe delivered. The annual banquet and ball will be held tomor- row night at the Willard. and Friday the final session will be conducted from 9 am. to 1 p.m. MORE INDUSTRiES URGED FOR CITY (Continued from First Page.) Thomas H. H son, W, Armstrong. kinson, R. & win, Howard E. Barnes, F. Bar- rett, George B. Barry, Willlam T. Betts, Harry Blake, Lewis F. Bond, G. A. Bonnet, Joseph B. Boone, W W. Bowie, Willlam A. Bowman. Wi liam P. Boyer, E. W. Bradford, V E. Braithwaite, Paul H. Brat L. Burton, Willlam Westlock ( J. A. Chamberlain Chester Collison, Julian . Dowel! M. Ellot. Lee Farquhar, jr.: John L. A. Finn, Julius Frankenburg, Joseph W. Geddes, W. Herbert Gill, David H. Gottwals| A.Gordon Hamil- ton, ton, Anderson, ie W d- Dulin, Frank Fynon, R B. W. Fenton, jr E. Jobn W Hardell. Harper, John H. Harwood P. D. Hathaway, Georze J. Hen . Harry E. Hill, Luclan 0. Hol mon, Andrew M. Hood. John F. Horne A. M. Hyler, Gardner F. Johnson. Walter M. Johnson, Robert (. Jones, eph B. Kingston, harles E. Klopfer, Konopka, George W. Kreis. Bar- nott Lank, Ralph W. Lee. jr.. M. A. Leese, C. E. La Vigne, Ralph W. Les, Harry L. Light, H. C. McCall, Moore €. MeIntosh, John M. McLachlen, Os r Mann, F. L. Marshall, jr.. Arthur J. May, Edmund P. F ne \° Pettit, Joseph A. Petty, Charles H. Potter, Peter Remsen, F. L. F Robert Jordan, Jr. aniey Track Runner Falls Dead. DENTON, Tex.. October 6 (). Oran Roberts, 18, of Howe, a fresh. man at the North Texas State Teach ers’ College here, fell dead while run. ning on the track at the coliege ath- letic field yesterday. Heart disease Ve declared the use. You can get one of these dandy time- pleces for only 1 CENT DOWYN, on approved credit ac- counts. MEN, don't miss this opportu- nity! Cewen MAR 701 Seventh St. N.W. Northeast Corner A tea for the women | At- | raig_Jones, | | DOUBT $10.000,000 OFFER T0 DEFEAT ROOSEVELT Friends of Late J. J. Hill Know Nothing of His Effort for Cleveland in 1804. By the Associated Press ST. PAUL, October 6.—Close friends here of the late James J. sHill, railroad magnate, vesterday declared they knew nothing of Hill's reputed offer to underwrite a $10,000,000 cam- paign fund if the Democrats would nominate Grover Cleveland in 1904, as reported Monday in a news dispatch from Buffalo, “1 know absolutely nothing about such an offer,” declared Joseph Gilpin | Pyle, librarian of the James Jerome Hill Reference Library here and au thor of the “Life of James J. Hifl." Other associates of the Northwest emplre builder also disclaimed any knowledge of such a tendency on Mr. part, rles #. Armitage, writing _in Grover Cleveland as Buffalo Knew Him,” says that Hill's offer was an outgrowth of the railroad magnate aversion to Theodore Roosavelt. The author points out that Hill sought to have Cleveland run for a third term rather than have a comparatively un- known candidate run against Teddy. SHIPPING NEWS Arrivals at and_Sailings From w York, ARRIVED YESTERDAY. Majestic—Cherbourg. - Southamptos Bepublic Hellig Litua Byror DUE TODAY. Mexico—Progreso .. Vestris—Valparaiso.” Biienos Aires DUE TOMORROW. Fort Victoria—Bermuda e President Hayes—World cruise. erigea—St. JOMns. ... ... Sixaola—Santa Marta ..0ct Ot Ot Oe oot American Balti—Liverpoc 2 Baracoa—Fuerto Colombia. . . —antwerp 2 suthampion n Piracus Jierto Colonibia Fore St Grorke—permuda France—Hayre Frederick V1L Honierio—so Sihagen Maracaibo— Mauretania—Ssouthampion Mougolta—San Southampto bu—Havana 4 ceident Adams—World criiise siaent Gartield—Wortd criise Slaent Hanung—Brenien it Hayes—Worly «riiise ent Folk—Worl cruise Fresid Presidente Wisor: Resolute—Ha | avangerijord—osio Stuttgart—Bremen . amburg d—Buenos Alies apa—Ruerto Barrios —Aniwern OUTGOING STEAMERS, SAILING TODAY President Roosevelt — Plymouth, Caervoure. Southampton Auliitama—Cherbours, Southaip- gt 10:00 A.M Deritinger®—Bremen 1100 AN Kotiu—Naples. Geno BRI SAILING TOMORROW. { American Banker—London. ... 4:00 PAL | : 5iw0 el Clier- — Southampion, 10:00 A tg and HambUrE JAT A— U AMOUTE nieti—Cuoh and Bremen ¢ 1l—0sio_and Lopenhagen San Lorenzo—San Juan. . | Sinchuria—san Francisco. .. | Eoro—Vaipa 5 e 10:00 A Nooii Noon 3:00P.M. Noori | — = | + Prussian Minister Quits. | BERLIN, October 6 (®).—Wilhelm Kar] Sevring, P’russian minister of the interior, has resigned his portfolio be- | | cause of iil health. ANNIY A Remarkable Watch Value FOR GENT’S STRAP WATCH Discard that un- trustworthy watch NOW, and get yourself a GOOD, guaranteed strap wuk watch! COMPAN [ 7th and G Streets |no comment on Mr. Green's s PULPITS CLOSED TOLABORLEADERS Detroit Churches Led by Commerce Chamber and Trade Body, Green Charges. By the Associated Press. DETROIT, Mich., October t.—Dele- gates to the forty-sixth annual con- vention of the American Federation of Labor assembled for their fourth business session today with the knowledge that pulpits of the Protest- ant churches of Detroit were closed to their leaders. Unofficially’ advised that the Federal Council of Churches of Christ in America, the Detroit Ministerial As- sociation and the Y. M. C. A. have rescinded invitations to convention leaders to fill Detroit pulpits next Sunday, Willlam Green, president of the Federation of Labor, issued a formal public statement charging the revocations were inspived ‘‘through the influence of the Detroit Cham- ber of Commerce and the Bullding Trades Association. Commerce Body Explains. Spokesmen for the commercial or- ganization answered Green by rye leasing for newspaper publication an official outline of their position, in which it was requested that add “by men who are admittedly attack ing our Government and our Ameri can plan of employment” be matched by those of “Detroit speakers who will. be happy to show that our city has outstripped all her rivals simply because she has been unfettered by lahor organizations.” C. M. Van Dusen, president of the board of directors of the Detroit Y. M. C. A, affirmed that the attitude of the commercial organization rendered impracticable the plan of L. M. Ter- rill, a “Y" executlye secretary, to hold a “progressive men’s mass meet- ing” Sunday, at which President Green was to have been .the principal speaker. : Representatives of the Ministerial Association said the actlon of various churches In withdrawing the invita- tions had in each case been the result of individual choice. No meeting hfl? formally voted or recommended 4 blanket withdrawal. Others Decline to Comm James Myers, field secreta Federal Council of Churche: v of the offered tement, hut confirmed the labor chieftain's con clusion that convention leaders were not expected to speak in the churches Sunday morning. Officers of the Building Trades sociation, a contractors' or received newspaper reports Green's statement without comment. Addresses by the fraternal delegates from labor organizations cf foreign countries were first in the regular order of convention business today FRENCH AIRMAN PLANS PARIS-NEW YORK HOP Tarascon Hopes to Make Trans- atlantic Dash Before End of Year. By the Astociated Press PARIS, October 6.—Paul con, well known French aviator an war ace, will attempt a Paris-to-New York flight in a Bernard monoplane. probably before the end of 1926, M Tarascon vesterday informed the As sociated Press, The alrman, however, said that re ports that he would start October : were not accurate. He declared t the accident which caused the death of two of the crew of the plane piloted by Rene Fonck had made hir and hi companfons doubly cautious not venture to hop off unless he was cer- tain of success M. Tarascon estimated that the flight, which will be made in an effort to win the Raymond Arteig prize of $25 should take from 31 to 33 hours. His plane will have a load of 4.200 kilograms and will be equipped with an engine of 420 horsepower fs expected to average 115 miles an hour. Francols Coll, an expert aerlal maritime navigator, and an alternate pilot, whose name has not vet been divulged, will make the trip with M Tarascon. BUS SERVICE TO BE TOPIC. State Senator Ball to Speak at Glebewood Citizens' Meeting. Special Dispatch to The Star. BALLSTON, Va.. October Senator Frank I. Ball and Leon nold, president of the Washingto ginia and Maryland Coach Co., will be the principal speakers at a mass meet- ing of the bewood Citizens’ Asso- clation October 12 at the home of E M. Wright. The bus service will b the topic of discussion. AT LAST! Leak-Proof Roofs t Low Cost tion s- to —State A Stormtight will make ANY roof leak-proof against ANY weather. Stormtight is brushed on over the old roofing and !urmn!:in a one-pizcle. coat= ing without seams, laps or mfi holes. E TOR USE ON ARY ROOF 1N ANY WEATHER. One coat is sufficient—no renewals or repainting. It will outlast any other roofing by years. Just brush it on. Anyone can do it. Don’t rip off the old roof—Apply Stormtight. Your local dealer will sell you Stormtight in all uantities, for patching or or the whole roof. The Butler-Flynn Paint Co. 607609 C Street N.W. ‘Washington, D. . of Mr.! Soviet Buys More In U. S. Than From | Any Other Country , By the Associated Press. In spite of the non-recognition of Soviet Russia by the United States, that country is purchasing a great- er volume of commodities from the United States than from any other Nation, Commerce Department fig- ures show. For the first 11 months of 1925, the latest figures available, imports into Ru from the United States were valued. at $107,120,000. Im- at Britamn and Ger- ut $56,000,000 each. tituted the great- For the year 19 the depart- ment said, Soviet statistics indicat- ed Russia had an adverse trade balance of $97,000,000. THREE BODIES BUSY INHOSPITAL QU Geqeral Accounting Office May Investigate Other Institutions. ! 1 | TAXCUFDECLIED | UNWIS THS YEAR Winstun Tells Bankers Pres- ent Rates Should Be Given Full Trial. By the Associated Press LOS ANGELES, October 6.—Further Federal tax reduction hinges on the | insurance of an annual surplus of $100,000,000, which can be determined only after a “full year's trial” of the present rates, the American Bankers' Association convention here was in- formed today by Garard B. Winston, Undersecretary of the Treasury. A good surplus is in sight for this fiscal year, he says, but warned that “it is quite too early to be assured thut revenues will keep up.” “The people do not want a reduc tion one year,” he declares, “and new takes the next. The administration has:gone far in the past few years, and it should be sure the mext step is not over the line. Reductions in expenditures are not likely. ~We should consider an annual surplus of $100,000,000 as no more than a prop- erly balanced budget.” Hits “Political Finance.” Mr. Winston demanded that the debt he wiped out at the present uni- form rate and denied that the debt had been reduced at the expense of | Tn its investigation of St. | Hospital, under authority 8 slution, the General counting Office, it was learned today, may send some of its investigators to | visit other hospitals of the countr | purposes of comparison. When these visits may be made, or what hospitals may be Inspected, has not as yet been decided, *but as the probe is making substantial progress, and a report must be rendered to the House by the next sesslon of Congress in December, it was considered likely today that decision in the matter wiil be_made soon. The investigation has been divided into two principal parts, financial and non-financial, and is being carried out by a force of nine investigators and ten auditors. Two Distinct Inquiries. While under the mandate of (on- gress the general accounting woffic has proceeded to carry out an investi- gation of exceedingly broad scope, it_was emphasized by officials of that' office today that the purely medical phases of the institution are heing left to the special committee of super- tntendents of hospitals for the insane, i recently appointed by Secretary of the {Interior Work. This committee of eminent medical specialists is also working at the hospital, but entirely separately from the general account- ing office works Two District Inquiries. The preliminary part of the Gen eral Accounting Office survey, it was learned, involved the survey of per- sonnel, and a study of the records of the institution. Both the employed and patient personnel will be thoro investigated by Controller Giene it Several lette) it wa abeth's a o | have been received, ned today, from various per- ng an interest in the mat- Most of the letters have come patients, it was said. These followed up by the in- who have been disclosing of each person, in order from have heen vestigator: the histor | “35 per cent came from surplus. and | program adequate tax reduction. He criticized “political finance.” which, he said, has recently resulted in a proposal that the surpluses of two years be added to allow for a total tax cut of that amount. “It has been the policy of the Treas- ury,” he explained, “to recommmend a balance between debt reduction and tax reduction. If the 1820 return from internal revenue had been main- talned for the succeeding six years to date, the American taxpayer would have given his Government nearly $14.000,000,000 in additional taxes. Compare this with $6.000,000,000 of decrease in debt in that period. He said that much of the public debt retirement had been with funds which would rot hereafter be avail- able, including returns from war sur- plus and capital investments made during the war. Living on Stored Goods. “We have been living on the bar- rel of flour, sides of bacon and canned goods which we bough in previous years and stored away.” he said. “When these are exhausted, we will be restricted to current taxes and have less surplus.” Of the deht reduction of $6.000. 000,000 since the war, the Secretary explained that 18 per cent came from the general fund balance on hand at the end of the war and 31, per cent of which will influence future debt reduction. “Of the he continued. remainde: this represented return of half of investments. Thirty per cent capital | came from the sinking fund and 131y per cent from our foreign debtors Compares Two Programs. Adverting to suggestions in (‘on gress that retirement of the debt be extended over s, he sald this would cost American tax payers $71,000,000,000, compared with $41,000,000.000 required by the 25 vear program, as a result of added in terest charges. het testimony Personal Interviews Held. Not only records themselves been gone into in comprehensive fashion, but there have heen numer- ous personal conferences hetween the investigators and any of the persons on the big reservation who may be able to throw additional light on the matter. » far the conferences with officials | @ been purely informal and, ae- | rding to the investigators. hospital | officials have co-operated fully in the matter of making available all ma- | terial desired. | Later on. it may become desirable | in the course of the investigation, it said, to formally subpoena some of the officlals and hold hearings, | with witnessex under oath. This, | however. will be a #ater development | and will be in “executive session. In addition to the investigation by | MeCarl's forces and the committee of medical experts, the Veterans' Bureau is making a further investigation of its own at St. Elizabeth's to determine how many of its beneficiaries there may be in such condition that they have | to determine the true value of his or | | gressional proposals for ame ! sinking fund requirements, declaring The Seeretary warned against con- nding the the Government will need all _this fund to meet $2,500,000.000 in Third Liberty Loan honds, which mature within two years. The association today accepted a mandate to prosecute vigorously the enactment of the McFadden branch banking bill now hefore Congress, minus. however, the two Hull amend. ments. Action Ts Reversed. In a speclal session of the ff: second convention of the bankers' as- socfation, which started last night, but ended early today. the McFadden bill was indorsed after much argu ment. The vote was 413 to 268. This reverses the action of the association taken in Chicago in 1924 when the Hull amendments were indorsed. In substance, the Hull amendments are designed to confine branch bank- Ing 1o the 22 States in which it is now permitted by State laws. The bill and its amendment, which has been a permanent convention topic. was first debated Monday when the State bank division, in a stormy may be transferred to soldiers’ homes for’ domiciliary care, instead of hos- pital care. 13th, N. Y. Av session, first voted down a resolution indorsing the measure with amend- ments. but adopted it when it was For Lease Masonic Auditorium and H Sts. N.W. About 11,000 square feet floor space, exclusive of balcony and basement. Un usually large parking space. Low Rental for Term Lease Walter A. Brown 1400 H St. N.W. DINNER DANCE Wardman Park FHotel Saturday, October 9—7:30 RETURN ENGAGEMENT The 'Little Symphony Orchestra later introduced. The national bank group in a separate session voted for the bill without the Hull amendments. The McFadden bill provides that national banks shall have*a similar privilege in those States where State laws permit branch banking, re- stricted, however, in that national banks are to be permitted to estab- lish branches only within the cor- porate limits of the municipalities in which the parent bank is located. The number of these branches would be further limited according to popu- lation. U. S. Prosperity Cited. America s in a “state of great Oscar Wells of Birming president of the associa- ay. The industrial output of the Nation, he said, “is exceeding the estimates of the trade enthusiasts and our rec | ord for efficiency is beyond dreams of an_expert. Meeting in their first general ses-| sion, the bankers chose Houston, Tex for the 1927 convention. While Mr. Wells' address was re- plete with examples of the prosperous condition of the country, he sounded a note of caution. “Although fundamental conditions are encouraging and prospects may well be considered fair, bankers know that sodner or later the growth of expansion will receive a halt.” he said. “It has been o in the past and often enough to convince us that it will be so again. When the test comes much will’ depend upon the soundness of the credit structure.” Conservation of Capital. World prosperity will help this country, Mr..Wells sald, launching into a discussion of the economic situation of the world. He urged the bankers not to waste capital. Point ing out that prudent financiers are convinced that the United States would do well to avoid the absorption of additional amounts of gold during the next few years, the president said bank credit has been abundant for long period and in the nature of things it “cannot healthfully continue to expand as it_has done in the past two vears. The responsibilities of the bankers of the Nation have increased mani- fold. Mr. Wells sald, adding that bankers now, more than ever bhefore, have need of the “combined strength of our indlvidual and collective efforts. “This i3 not meant to contain any expression of doubt, but to emphasize the need of our continued co-operation as essential to the part we may take in the future development of the Na- tion,” he added. RETIRED FIREFIGHTER FETED BY COMRADES Fifth Battalion Members Give Chief Charles F. Beers Watch The retirement of Battalion Chief from miscellaneous sourced. neither| charles F. Beers from the Metropol- | itan Fire Department after service, which became effec ber 1. was marked last night by farewell and testimonial tendered him by a number of men who have served under him at many fires and numbers of fellow fire chiefs. in- cluding Fire Chief George S. Wat- son. . The program, which was held In No. 28 Engine House, Connecticut avenue and Porter street, was pre- sided over by Battalion Chiet W. I Lanham. who succeeds Chief Beers in_command of the fifth battalion. Stories of many thrilling fires of the past century, when Washing- ton’s department was hor: and when equipment was limited, were told by speakers who traced the career of Chief Beers with the fifth battation. In appreciation of Chief Beer's service, members of the gave him @ watch and chain. presentation was made by Lanham. In addition to No. gine Co.. the fifth battalion No. 20 . 12 Truck 14 Truck. Capt. A. §. Halght of No. 11 En- gine (‘0. of the fourth hattalion. who has heen promoted to acting chief of the fifth battalion, presented Mrs The Chief 28 En inolude: and No. Beers, wife of the retired chief, with a bouquet of flowers, the gift of the | men of the battalion Among those attel monial were Deputy Nicholson, Battalion ( O'Connor, D. J. Kaufman, Dudley Brown, Samuel Steinberg, W. R Shaw and many residents of Cleve- land Park. Mr. Brown presented a bouquet of flowers to Mrs. Beers and another gift of flowers was made Mr. and Mrs. R. E. Daily to Chief Haight ling the testi- e Chief . W. ief Thomas BISHOP PAYS VISIT TO LINGOLN SHRINE London Prelate Also Wel« comed by Gov. Small and Clergy of Springfield. By the Associated Presa URBANA, Tll, October 6.—Passing in the footsteps of thousands. the Lord Bishop of London, the Right |Hon. and the Right Rev. A. F. Winnington-Ingram, vesterday knelt before the tomb of Abraham Lincoln Springfield and, departing. was pre sented with a souvenir, a bit of wood from Lincoln's log-cabin home When he retu gland he will place it in Fulham Palace, seat London bishops for 1,300 vears Appreciates Honor. such a wonderful of Lincoln and his great commented the lord bishoj g presented with the small rough wood by the shrine keeper. It had been mounted for special presentation to the prelate. Such souvenirs have been presented only to national and international dlg nitaries. “I deem it a_great honor to be pre sented with this remembrance,” he said. “I have long been a student and admirer of Lincoln. The lord bishop and his party ar rived here lust night from Springfleld where they were given an official wel come by Gov Len Small and by slergy of the Syringtield diocese “Tt is remem upon e slab of courages Students. f the Univer Middle W st uraged pe small num Episcopal students sity of Ilinois and the should not become disc cause of their relatively bers, the bishop said. He urged them to forget the past and turn to the future, “for what are 2,000 vears of history compared to the millions of years required in the formation of this earth and the millions of vears that lie open for future development of the church?” The bisl was the guest of Presi- dent David Kinley and faculty mem bhers at a reception following last night's convocation. Ordered to Washington. Williams, Army ationed in the Philip- 'n ordered to this city the United States Medical Cory ping has b for duty ~drawn | | | | | battalion | J V | Stop Her Sore Throat Don’t experiment. 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