Evening Star Newspaper, October 10, 1926, Page 10

10 ECONOMIST TELLS OF BRITAINS NEEDS John Maynard Reynes Op- poses Attitude of Conserva- tism in Evolving Normalcy. BY EDWARD PRICE BELL. Corresponcence of The Star. LONDON, August 1 3 teording to John Maynard Keynes, f: mous English economist, need to he elucidated “hy an effort of the mind.” In other words, Mr. Keynes considers thought a desirable thing. He trusts thougit more than he trusts “political agitation or premature experiments ~—at least, he deems such agitation and experiments of doubtful value unless preceded by thonght 1 talked with Mr. Keynes, a tall, un- affected, courteous, lounging man, in The living room of his London home. while towering plane trees rustled above the windows. There is a faint violet tinge in his gray eyes: he looks steadily at vou, talks readily, makes frequent reference to books and pa- pers, has the unmistakable manner of one long habituated to study. “Revolution” in Britain. Britain, in Mr. Keynes' opin- “suffering the first pangs of ing in the nature of another revolution.” Profound have taken place in the world. Men and things have changed. Old systems have broken down. Un- explored ground lies before humanity, iy’ British humanity., Politi- piricists in general need < and thinkers ot wmuch love is lost between Mr. Kevnes and the empiricists of politics and business. Frankly, the economist mitributes to politicians neither over whelming knowledge ner impeccabie morality, while he sees many business wmen groping in a dark and tortuous world Ly the light of tapers. Study harder! Know more! Think more! Mr. Keynes is a disturhing influence. He believes in tiptoe eagerness. He believes in work. The intellectual Jazy do not like him! Rejects Conservative View. What does conservatism s Great Britain in her troublous tic Tt savs: “We must kee old industries, good or bad. Low 52 Have them. Longer them. Protection? Have it. dies? Well, not inconceivably. e anything that may be nec; 7 1o preserve intact our histor dustrial position!” Mr. Keynes rejects this standpoint. Tle is an economist. 1 industry or a business is not conomic, let it die. Probably 10 per cent of Great Brit- ain's export industries have hecome non-profitable because of either inter nal or external reasons. Conservatism By hoos or erook, would enable these fndustries to continue. Mr. Keynes would allow them to wilt a They are a “non-profitable fringe.” Some diminution of exports and also of for- ) investments easily can be traced. Money and energy oted to un economic trades, s Were far better devoted to stimulating other trades in organized fashion “Gr et properly on her feet z y if the in- &titution western society are to survive to advance on accepted lines, s . Keyne Jke it or not. we are on the same We shall float or sink together. Cat: in Great Britain—and _industris 1rophe would involve politic trophe—would create precedented danger in the heart of the democratic world. If statesmen are blind to this great fact, they must be made to see it.” Views Debt As Burden. Tnlike most of his technical co- temporaries, Mr. Keynes regards the Tritish debt to America as heavy addition to Great Britain's bur- it a small sum? It is equiva- vo-thirds of the cost of the cy and to nearly the whole of changes all Great Britain's \d coal mines put to- rer make a profit sufficient to meet . half-million dollar_daily payment ch the country i3 bound to make America for &0 vears. With an l rifice Great Britain could sholish her slums and rehouse her population in_comfort. Interallied debts, as Mr. Keynes he- lieves, rest upon no good foundation anv kind—are equally repugnant to e and to logic. They are politi- \l, debts. He would have had them sponged from the slate on the day of the armistice. He would have Great Britain follow this course regardless of what America did Fie even would have put away the wild visions of what war-ravaged Ger- many could pay. He sees in the debts nomic advantage to any one- the prospect of growing bitter He no doubt that the T the Dawes plan into the « vain theory is only time. ernment chant no e only ness ing of egory « of a little Lent to \\uid \\'a-k‘ t- Jis commentary upon the hu- Why did we lend instead Merely to avoid waste and .ctive financial controls There was nothing else to it looked the money spent in the invested commercially. ofeat the enemy. Did nerica charge France or tish or American shells from British or American British or American off hy not. Yet, when Br an shells were fired - Ttalian guns the v supplied the alties and pensions. we charged. When Americ the war only financially When she was in lock, Debt When Great well as supplies to the there was no idék of chary When we sent only demanded pay for’ them v. when we spent little it all in the books against our and when we spent much we fo America behaved just like ou Whe vour men and gun veached the front and only r wheat or gasoline were nch armies, the latter vour equip- it, vou put s ‘e the price of the s ‘and wheat and gasoline. But elves were furnishing luding the men to do Policy Inconsistent. Rritain sent men Italian front Traly as u charged nothing. Who | You id the rime or reason, justice | se in such a policy?" -d Keynes is one of the | affection are characteristic of you. Well known persons born on that | » has done much to deliver from | date are: Prentiss Mellen, jurist, first | § nationalistic | chief justice of Maine: Henry Dexter, || tively few men of the world whom | the impingements of prejudice. That his deliverance is ab- y. But I do he nt effort to he sc is remarks with r America bear few Signs c nationalism. He has imagination England's seas do not beat too heavily | vpon his mind fact that the waters of the world bind, do Aot separate, the nations. In the erence to a vortex of 1m- | i | UNDERKOLD NORMAN F. TITUS Of San Francisco, just appointed chief of the transportation dhmlon of the Department of Commerce. He will direct, the Federal Government's work in_studying transportation and communication throughout the world influence the foreign trade of the United States. CHICAGO NOW HIGH -ABOVE LAKELEVEL Raising of Downtown Section 14 Feet Makes Building of Subway Difficult. By the Associated Press. CHICAGO, October 9.—Chicago has lifted itself 15 feet by its own boot straps. In so doing it has made the build- ing of a subway more difficult, city engineers point out, but it has fixed itself high and dry above the level of Lake Michigan, and many of its down- town buildings stand where a little nwm than half a century ago were wamps and sloughs. Streets Higher Than Lake. 014 Fort Dearborn, at the mouth of Chicago River and Lake Michigan, was built on a level with the lake and Dbehind it was a marshy morass. When the town began to de\elop. the street level was made 3 feet higher by fill- ing in sand. was raised to 7 feet, and now tlm street level of Micl Ingdn‘ avenue is 15 feet, and the levels of other loop reets nd most of the close-in residential sections vary from 14 to feet. This increasing of its stature was not ed lents can re- member when State street’s sidewalks were lifted to 14 feet, leaving the un- paved mud streets 7 feet below. Makes Subway Difficult. The raising of the street levels has the Illinois Central tr anding on piers along the lake front above the ground level of the business district, now are some 10 feet under the street level, and the water line. Chicago’s whole understructure is of sand, and the surfacing of this with debris and loose dirt has added to the impossibility of ever building a bway by tunneling through under s while traffic goes on. be by open cuts, filled wce streets after the New York’s problem rests largely on rock, and subway bullderl may tunnel through the rock. ~ SALZBURG FETE LOSES. Festival Suffers Incompleted Hall Blamed. SALZBURG October 9 ). Austria, announced by the 1zburg al committee. Unforeseen expenses entailed in the postponed_completion of the festival by it became necessary to ¢ rehearsals in other lo a matter | Nobody | zun- | In this lat- | he | He is conscious of the | roaconiia aceuracy mong the reasons given. ance ot concdWs also failed e up to the mark. tfueh- the other hand, brought What Tomorrow Means to You BY MARY BLAKE. w's planetary aspects are and continue so, although ¢ diminishing fol until They then settle down to a ab condition, betokening unrest and It is not, under any cir- "a very good opportunity the Taunching of any new enter- e. It is, however, a propitious ion for research and study, as (here will be sensed clearness of thought, and the condition of the mind will e well balanced. Plans thought out under the day's influences will, | when put into execution, prove both uccessful and profitable. ning atmosphere calls for self-control 2d a firm resolve not to speak or act Tomor favorable ative r xi “hildren born tomorrow will, during || . respond very readily to ordi- as they will, from those hat are peculiar to childhood. t before attaining adulthood they e threatened with an illness of a complex nature. This will not place their lives or future physical develop- { ment in jeopardy. It will, cause anxiety and demand skillful at- tention. In disposition they will be | rebeltions and self-willed, “and _will { prove to be difficult to restrain when {they eannot get their own way. As time goes on this characteristic, toned down hy experience. will be less evi- denfs but there will always remain signs of a strong will. They will be mhitious and successful. If tomorrow is vour birthday, you s A positive and decided wture. Half-way | peal to vou. and hu are extreme in your opinions, so you are direct in methods. Determination of char- evidenced in vour diagnosi however. tinged by stubborn- at times. by impulsive- v a victim of rtunately, these are usu- sds. but. : duration, as, by will of short ou are able to overcome them. (| re capable and energetic, and usually found in the vanguard, as you |like to lead. Demonstrativeness and John D. Runkle, mathema Henry J. Heinz, manufacture Ambrose, organist. (Conyrizht ulpte tician: { Paul | \\‘wt(w with dirt, rock and || ompanicd by the making of || wlith a mile of land between them and || $20,000 Deficit. || of $20,000 for this || The eve-| i methods of treatment when suf- || however, || measures never ap- | THE SUNDAY STAR, WASHINGTON, D. C, NEW OXYGEN PLAN SUCCORS PATIENTS Presbytenan Hospital of New York Is Center of Medi- cal Interest. By the Associated Press NEW YORK. October 9.—"Oxygen tents,” by which patients can be ad- ministered air containing from 40 to 60 per cent of oxygen, are heing used sfully at Presbyterian Hospltal, it was Previous methods, it was explained, were not highly efficacious because they pro- vided only from 22 to 24 per cent of gen, while the air normally athed contains 21 per cent. The new method, by providing the patient with a sufficient supply of oxygen, relieves over-taxation of the lungs and thus allows the whole strength of the patient to be thrown into the fight against the pneu- monia germs. Other Hospitals Interested. Other hospitals have sent repre- sentatives to inspect the new method, which already has been adopted by several hospitals, it was announced. Two devices, both called “oxygen tents,” and perfected by Dr. Alvan L. Barach, are used at the hospital. One for it. velour. Luxurious spring and Club Chair. $18 Wing Chairs and Rockers $14.75 homes. with cane seat and back. hogany finish. saving tomorrow ! { ristle of the plane trees outside his windows he hears and interprets with and fullness the lanmm:o of mankt oy 126y d. 1-ago Daily News Co.) ]K Chairs and Rockers that have a place in the best appointed The popular wing type, Ma- At a worth-while 1s in the form of a hood, with walls of rubberized silk and celluloid windows, wheih is placed over the patient's head. Afr, pumped through a r ubber hose, 1s mixed with oxygen, and then forced through a glass con- tanier filled with soda lime, which re- moves the carbon dioxide. It then passes through another container flled with ice. The ice cools and dries the air, which is then re- pumped into the hood. For Delirlous Patients. The other form of “oxygen tent” intended for patients who are de- lirfous, is an alumlnum walled cham- ber large enough to contain a bed and to allow a nurse and doctor to be at_the bedside. The warmth of the patient's body causes the oxygen-charged alr to rise to the top of the chamber, where it is chilled by cold aluminum pipes, being thereby forced back to the floor, where the carbon dioxide is r moved hy soda lime placed under the bed. The entire circula- tem is based on the law which causes cold air to descend and warm alr to ascend. B Allen Gives Bond. Morton P. Allen} yachtsman and broker, of New York City, who was arrested in this city on October 7 for the New York authorities, failed to push his habeas corpus case vester- day in the District Supreme Court. Chief Justice McCoy dismissed the petition for the writ and discharged the rule agdinst the police after being informed that Allen had appeared in New York and given bond. He was arrested here for the New York authorities on a larceny charge. “service” charges Furniture of Integrity—at Lowest-in-the-City Prices. FRENCH APATHETIC OVER EX-KAISER Possible Return of Former| Emperor to Fatherland Now Believed Remote. By the Associated Press. PARIS, October 9.—The French public has shown comparatively little interest in the possibility that the former Kaiser may return to Ger- many under the terms of the proposed D n bill for the settlement of his The entires matter is one for the German Republic to decide, it v marked in official circles today. the former German Emperor guest of Holland, and since the governments have given up the i of bringing him to judgment fo share in_the responsibility of bringing on the World War, it is felt that the allied governments scarcely could ask the Dutch kingdom to make him a prisoner in their own country. The feeling was prevalent. however, that if the former Kaiser were wel- comed back to Germany without se- rious resistance or protest it would give a sure indication of the real sen- timents of the republic with reference to him. Some skepticism is expressed as to whether he has any desire to ———NO0 INTEREST OR EXTRAS ADDED TO CHARGE ACCOUNTS 5 N o Interest or Carrying Charges on Budget Accounts Our Budgct Plan of divided payments per- mits you to enjoy your furnnure \\hflc paying No interest or extra fer this privilege. We do not penalize our friends. IT PAYS TO Golden OCTOBER 10, 1926—PART 1. go home. Many Frenchmen think that he would not desire to return from exile until public opinion were so prepared in Germany that he could return as a hero rather than a sort of pardoned conspirator. The Hague correspondent of the Amsterdam_Telegraff today reported that he understuud “from a most au- thoritative source” that there was no question of the former Kaiser avail- ing himself in the immediate future |of any opportunity to return to Ger- | many. The clause in the Prussian state agreement which has caused much comment in Germany is as follows: “Allowing for his former majest Castle of Hombuumx at the disposal of the ex-k for life.” SECRETARIES TO SPEAK. Hoover and Davis to Make Six Ad- dresses Each. Six speaking engagements for Sec- retary Hoover and a _like number for Secretary of Labor Davis wera made public here yesterday on behalf of the Republican Speakers’ Bureau at Chi- cago. Secretary v Hoover will speak at Louisville, Octobe: 20; Columbus, Octo- ber 21, afternoon; Springfield, Ohio, October, 21, night; Duluth, Minn., October® 23; Tulsa, Okla., October 25, and Denver, October 27. Secretary Davis will speak a Ind., October 11; Kokomo, Ind.. ber 12; Cambridge, Ohio, October Steubenville, Ohio, October 14, af: noon: Wheeling, W. , October 14, Gary, Octo- 13; night, and Frederick, Md., October 13 DEAL AT berg’'s BOTH SIDES OF 7™ AT K ST. “THE DEPENDABLE STOR.E" = NN X ) N I, E——— L | eventual wishes, the state places the aiser and his princess wife ! UP BIG GLACIER George B. Grinnell, Who Dis- covered Ice Mass in 1885, Says It Is Melting. Special Dispateh to The Star. GLACIER PARK. Mont.. ber 28 —George Rird Grinnell alist and writer of New York City, cently made what he believes o his nell Glacier. It was in 1885 that Mr. Grinnell, then in this region on one of his ear- liest expeditions through the northern Rocky Mountains, first saw and recog- nized this great mass of snow and ica a gl . but it was not until 1897 | that he really gained fts heights and explored the ma It was at that time, in September. 1§97, that he had brought Lieut. J. H. Beacon, U. S. A., up into the basin where now stands the Many Glacier Hotel, With Beacon he ascended to the er. Lieut. Beacon was then on the Blackfeet “Indian reservation with a small command of soldiers putting an end to depredations of horse thieves Upon his return Lieut. Beacon gave to the glacler the name of fts discov- erer, Grinnell, and that name has e attached to the mountain upon Septem re. FINDER MAKES TR natur- | he | st trip up to and upon the Grin-| v\hou rocky slopes rests the ice mass, to the little lake into which nnell ascended the glacier ago and he then was con- vinced it might be his last time thers, but this Summer he felt the nrge fo again make the ascent in spite of his When T first saw the glacier tha entire rock basin was covered with ice.”” said Mr. Grinnell. “now tha edga of ‘the ice 18 way back. It is divided and the ice caves in which I stood and | was photographed three years azo have disappeared. The faca of the mass probably is A auarter mile back | of the point. where 1 first saw it and |it appears to he meiting at a rapid rate. Thousands of gallons of water are coming down from it every mt ute. ill there is a tremendons mas of ice there, which will undoubted resist the sun’s attacks for man | years, BLEASE FOR REED. Declares Party Should Eliminate McAdoo and Smith. The Democratic party will make no | progress in national elections until | William G. McAdoo and Gov. Al Smith are eliminated as presidential posa bilities, in the opinlon of Senator Cole Blease, Democrat, South Carolina. Returning to the Capital yesterday, he said if McAdoo were nominated the Catholics would defeat him, and If Smith were nominated the South would either refuse to vote or indorse a candidate of their own selection. Blease came out in favor of Senator E DO NOT PENALIZE OUR FRIENDS® We Do Not Charge Interest No interest or extra privilege. Budget Payments Without Interest or Extra Service Charges on Budget Accounts Our Budget Plan of divided payments permits you to enjoy vour furniture w hx!r- paving for it. service” charges for this We do not penalize our friends. e FORNITURE - $195 Living Room Suites Living room suites exceptional in design and value at this price. Up- holstered all over (backs and sides of each piece) in deep cut jacquard cushions, Fiber Ferneries A fiber fernery of good size and excellent construction, 28 inches wide, with galvanized pan. Has a decorative place in the home and protects the plants from killing frosts. Regular $19.75 Tea Wagons $14.75 A special purchase makes the low price possible. We se- cured a lot of these Attractive Tea Wagons at a price con- cession. Mahogany or wal- nut finish, with drop-leaf sides, separate glass-bottom tray and swivel wheels. See this un- usual value at $14.75 tomor- row. $149 reversible and of same material. Taupe and rose, walnut and rose and taupe and blue colorings. 82-inch Sofa, Wing Chair struction. posts. $195 Bedroom Suites The price is very low for a suite of this fine character and sturdy con- Combination walnut ve- neer and gumwood with gumwood 4 pieces consist of 48-inch dresser, large vanity, chifforobe or chest of drawers and bow- foot bed. Dust-proof interior, mahogany-lined drawer bot- $149 Limited Time Only Domestic Desk Model .Electric Sewing Machine We Will Allow $30 Allowance | For your old sewing machine towards the purchase | price of this Beautiful Walnut or Mahogany Desk Model. The Small Deposit of $2.0 DOWN DELIVERS the MACHINE Balance can be paid on our Club Plan Electric-Portable Sewing Machines Push Button Style Shuttle $56 The Usual $70.00 Machine Sewing can be made a pleasure with this handy Portable Complete with air-cooled motor. Atfachments, base and cover. | apartment. Goldenberg's—Sewing Machine Four speeds, foot control. Just the machine for a small Dept.. Fourth Floor. The outward and_visible is matched by the inv $195 Living Room, Bedroom & Dining Room Suites beauty of these suites ible quality and goodness that characterizes every piece of furniture in this sale. They are suites representing a remarkable furniture value. they'll prove their rea Put them to the acid test of comparison— worth and unusual quality at the sale price—$149 for living room, dining room or bedroom suite. $195 Dining Room Suites In the graceful Spanish design, with enamel decorations and a tic hardware. Heavy built-up leg: each piece—walnut veneer on gum- rtis- S on ($149 wood. High lighted antique finish. All 10 pieces perfectly proportioned. Chairs upholstered in tapestry, velour or leather. Special Purchase $24.75 Simmons Graceline Beds Regular $22.50 Cedar Chest 48-inch Cedar Chest solid Tennessee red ced: lock joints. Excellent finish. Through a very special purchase we are able to of- fer these High-class Sim- mons Beds at this big sav- ing. The popular graceline steel beds, with stem cane panels and close fillers. Beautiful mahogany and walnut grain finishes which are exact reproductions of expensive wood beds. Sin- gle and double sizes. Regular $6.98 $3.98 New designs in Bridge Lamps, with cast - iron base and artistic arm, complete with silk shade in many colors. F ceptional value at the sale price. V\ E DO NOT PENALIZE OUR FRIENDS