Evening Star Newspaper, February 9, 1927, Page 1

WEA (V. S, Weather Cloudy, possibly snow tonight and mum temperature about 28 degrees. Temperature—H p.m. yesterday; lo today. Full report THER. Bureau Forecast.) followed by rain or A tomorrow. Mini- ighest, 44, at 3:30 west, 30, at 5 a.m. on page 9. ®(losing N.Y. Stocks and Bonds, Page 14 No. 30,234, Bntered as seco nd class matter shington, D. C. b WASHINGTON WITH SUNDAY MORNING EDITION D 90 WEDNESDAY, FEBRUARY ¢ Foening 9, 1927— > The only evening paper in Washington with the Associated Pres: service. news Yesterday’s Circulation, 105,633 FORTY (®) Means Associated Press. 'WO CENTS. post office, Wa BRITAINIS MOVING FORCE T0 SHANGHAI DESPITE PROTESTS { Two Battalions Sailing From| Hongkong—O0thers May Be Retained There. RESUMPTION OF PARLEY WITH CANTON EXPECTED | Minister Chen Suspended Negotia- | tions Recently Because of Troop Concentration Plans. By the Associate HONGKONG, China, February 9.— The 2d Battalion of the ter- | hire Regiment sail for Shanghai to-| day on the transport Vasna. | The 2d Battalion of the Durham | Light Infa which recently ar- rived from Ci left Shanghaid on the tr also sh Intention of | Proof Seen of Bri { Maintaining Position. 9 (P).—Proof | not called back | the troops which she recently ordered to Shanghai was given here toda when it was announced that the sec- ond battalion of a Gloucester: regiment had embarked at Hongkong | i Shanghai. i i 'The n15\‘e made in spite of pro- | tests which have been made by both the Peking and Hankow governments | and the declaration of zene Chen, | Cantonese foreign minister, that no agreement with Greéat Britain wouldbe made with his government regarding | the future ations of the Cantonese and British while Shanghai was under the shadow of foreign forces 2 It was reported from Han’ (\\\‘.l?(w\—‘ ever, that negotiations between Chen | and Br h Charge d’Affaires Owen | O'Malley would be continued Monday | after having been broken off becaus of the British troop movement. The Gloucestershire battalion is the st unit of three brigades of infantry | forming the backbone of the Shanghai ;lxpediuon proper to proceed beyond ongkong. The sailing therefore dispels momen- tarily last week’s impression that Great Britain had altered the orders under which an expeditionary force of 16,000 or more troops was designat- to go to Shanghal. : 'd’l"hofg still is a strong expectation, however, that at least a portion of the expeditionary force will be held at Hongkong. LONDON PUBLIC SURPRISED. Baldwin's Speech, However, ‘Tatimated Troops Would Proceed. TLONDON, February 9 (P).—News| that the British trogps which landed in Hongkong yesterday were already progeeding to Shanghai, site of the grm:st international settlement in China, caused considerable public sur- prise in view of Premier Baldwin's statement on the Chinese situation in the House of Commons yesterday. 1t is pointed out, however, that the premier said the question whether the troops would be landed at Shanghai or stationed at some other point) within convenient distance would be| left to the British representatives on the spot, and that the original plans | called for the troops to proceed to hanghai. & ‘The authorities here state they have received no explanation from the Far East concerning the troop movement, and have heard of no new crisis in Shanghal. The latest re- ports are that negotiations will pro- | ceed between the Cantonese foreign | inister, Eugene Chen, and the Brit-| ish charge d'affaires, Owen O'Malley, | for settlement of the recent anti-for- leign riots in Hankow and Kiukiang Reports published here that Great Britain intended to request convoca-| tion of the council of the League of | Nations to consider the Chinese ques- | tion met with a flat denial today in official quarters. It was stated that the British government would prob- ably keep the league informed of the situation, but did not intend to do more. { PEKING DISCU! 1S ISSUE. British Proposals Believed Subject of | February 9 | unofficial reports that able, discussed yes y Great Britain's proposal to [conduct negotiations dealing with the whole problem of China's relations | with Great Britain The cabinet, it i to reply to the British government’ proposals until the British replied to | China’s note of January which ex- pressed the hope that the British | government would ‘“give the n sary instructions for the immediate | withdrawal of troops dispatched to China, so that nothing untoward ma happen 1o mar the friendly relatio of the two nations.” Rome to Send W; ary 9 OP) A sjdered rel | 4] i | hip. | | ROM cruiser Febr in Giorgio, paper 11 b for China the month. She will and possibly several wiliti Tokio Backs Kellogg Plan TOKI0, February 9 (#) spokesmen sald today svernment highly approve Sha i nd that it Yoshizaw , of its The Italian | rding o the | will leave | the end of | carry marines | units of Fascist | ap ut Foreign | that the Secretary neutr tion intends in- Japanese | attitude. STRESEMANN IN ITALY. Minister Arrives at San Remo for Three-Week Stay. IMO, Italy, February 9 (P).— Minister Stresemann of Ger- y from Chiasso In a was greeted by the wdor to Italy, Baron of to German n i was accompanied by five persons, and mtends to remain three weeks. He refused to make a statement regarding the possibility of a meeting with Premier Mussolini. { meeting’ of the land a dozen others dropped aid, declded not | time | erans’ committee. DR. WALCOTT,SM ITHSONIAN HEAD DIES AFTER APOPLECTIC STROKE PR S | Had Been in Poor Health for Year—Stricken Two Weeks Ago. |Had Long and Distinguished Career as Scientist—Noted in Geology. Dr. Charles Doolittle Walcott, secre- nd executive head of the Smith- onian Institution and one of world’s leading scientists, especially in the field of geology, died at 0 o'clock this afternoon from apoplexy t his home, 1743 Twenty-second street. He had been in poor health for more than a year, but his condition did not become serious until week before last, when he was stricken with the illness which caused his death. He had been confined to his home nearly two weeks. Dr. Walcott would have celebrated his seventy-seventh birthday on March 31 next. At the bedside, in addition to Dr. John Sargent Stearns, the attending physician, were Mrs. Walcott; a son, idney S. Walcott; a daughter, Mrs. Cole B. Younger, and other close rela- tives. The eminent scientist had rapidly during the past week, and all | hope for his recovery was abandoned | this morning, when' it was reported | W | that he was sinking fast. Dr. Walcott himself realized the grave nature of his iliness, and early this week expressed to Dr. Charles G. Abbot, assistant, secretary of the Smithsonian, his ddsire that in the | event of his deatlr prior to Friday the stablishment,” or governing board, of the institution, the | failed | @ B et BACHR A DR. CHARLES D. WALCOTT. with President Coolidge, Chief Justice Taft and members of the cabinet in attendapce, be held that day as heduled. ' In accordance with Dr. Walcott's wishes, this will be done, id. t was probably the best on fossil invertebrate ani- mals, and his researches in paleon- tology, us well as in many other fields of science, had won for him numerous international honors. Although vir- tually a self-educated man, he was the recipient of many university de- grees and numerous fellowships in American and foreign societies, His interests ranged from zoology to avi- ation. He had been secretary in active (Continued on Page 7, Column 2. RAIL SHARES BREAK 210 38 POINTS IN FRENZIED SESSION Wheeling Leads Collapse After Feverish Trading Sends Other Shares Up. By the Associated Press. NEW YORK, February 9.—Specula- tion in railroad shares received a de- cided _shock this noon when wide- open Breaks took place in a number of recent favorites. _Wheeling. and Lake -Erie’ common broke 30 points to 66%, Western Mary- land common dropped 14% to 25, Chi- cago Great Western common and pre- ferred each collapsed about 7 points 2t b points below their earlier highs. Feverish speculation in railroad stocks, inspired by rumors of new combinations and competitive bidding for control, was resumed in the early’ trading. More than a dozen issues were bid up to their highest prices in yvears, some to the highest levels ever recorded, on gains of 1 to 4 points in the first hour of trad- | ing. Speculation Inflamed. Despite banking and brokerage com- ment that many issues were selling out of line with their earning power, public speculation, inflamed by the recent stock market covp in the Wheeling & Lake Erie issues, which was accompanied by a sensational ad- vance of over 100 points in that stock in the short space of one month, con- tinued to run riot in practically all issues of potential merger value. Reading common and second pre- ferred, New Haven, Chicago Great Western common, three St. Paul is- sues, Chicago & Eastern Iilinois pre- ferred, and Missourl Pacific preferred followed each other into new high ground in quick succession. Most of the trading was in 100 and 200 share lots, but long strings of these trans- actions, aggregating several thousand shares, frequently appeared on the tape. ‘Wheeling common’s sensational | collapse from a record high of 130 vesterday to 66% today practically cut in half the aggregate market alue of the road’s stock. The down- ward movement exceeded in severity and rapidity the spectacular advance which preceded it, and furnished the market with the wildest fluctuations nce the collapse of several pools in he drastic reaction last March. Be- -ause of the limited amount of the t Column 2, (Continued on Page DECIDES TO ADVANGE WAR INSURANCE DATE House Veterans’ Committee Votes to Extend Conversion Time to July 2, 1928. By the Associated Press. Extension to Jjuly 2, 1928, of the in which former service men may convert war risk insu e into | regular Government life policies was approved today by the House vet- Under the present law the time | would have expired next July 2. | The committee also approved a bill i which would continue to fix compen- | Chinandega, I sation of veterans in hospitals with- out dependents at $80 a month. This measure would amend a law passed | last session which would decrease the {allotment to $40 per month, beginning next July 1 A third measure, sponsored by Mrs. ith Nourse Rogers, the Massa husetts Representative, to place vet- erans suffering from chronic diseases on the same basis with tuberculosis | patients also was approved. The E | three bills will be consolidated into | one measure to facilitate passage. Radio Programs—Page 22 9 VWife Says Husband Prayed Every Day That She Would Die By the Associated P: JERSEY CITY, N. J., Februar 9.—Before leaving for work each morning Harold Nichols would kneel and pray that his wife, Ger- trude, might die before he return- ed, she asserted today in filing suit for divorce. Charging cruelty, Mrs. asked for custody of child, Harold, jr The Nichols were married January 24, 1920, and she left him December 20, 1923. Nichols their only DIAZ FORCES WIN Key Position in Nicaraguan Fight Retaken—Managua Under Military Rule. By the Associated Press. MANAGUA, Nicaragua, February 9.—Chinandega, a key position be- tween Corinto and Managua and the scene of much hand-to-hand fighting between the Liberal and Conserva- tive forces, is again reported to have been regained by the Conservatives, who gwers forced to retire from a part of the town several days ago. The report is made public by the Conserv- ative authorities, who hear that the railroad station is in the po: ion of their troops. The Conservatives, who are fighting for the cause of President Diaz, have had 150 men killed in the Chinandega region. The number of killed in the Liberal ranks, supporting President Sacasa, is not known. 47 Wounded Arrive. Forty-seven wounded of the Con- servative army reached Managua last | night. They bear wounds from m: chete, bullets and clubs. Earlier reports from Chinandega, which is situated 60 miles from M: nagua, were that the Liberals had in- trenched in the center of the town, | whereby they were able to hold off | the Conservati The Liberals had | placed four machine guns in the tow- | ers of Calvario Church. Conservative | headquarters here, however, announc- ed that Gen. Diego Vargas was at- facking from the southeastern part | of the town with several hundred | men, and that a further 350 men had | been dispatched from Quezalquaque, nog_ far from Chinandega. H { | { Premier Reported Killed. President Diaz learned of a rumor| that Ricardo Lopez Callejos, his prime | minister, had been killed by the Lib- erals in Chinandega; there was con- firmation of a report that the Callejos home had been burned. Managua is under military rule, ho-{ tels and cafes being closed at 9 o'¢lock | 1 night, at which time cabs and icles disappeared from the streets.| Among those conscripted by the Con- | servatives for service with thelr| | armies are many carpenters who have | | been assigned to build barracks for | | the soldier: The predominance of | !women in Mangua is noticeable. Most | | of the men who are not serving in-the | army have been organized into a home | guard and are doing picket duty on ‘lhe outskirts of the city. VICTORY HELD DECISIVE. ilkgafiml Here Is Told of 60-Hour Battle for Chinandega. | By the Associated Pi | Diaz forces a in control Nicaragua, an tant town 60 miles north of Corinte and key to railway communicatfon between that place and Managw, ac- cording to a cablegram received early ]taday at the Nicaraguan Jefation here, The Diaz troops foyshit the Sacasa | men for 60 Roursand won what |is described as.d “decisive victory.” | Heat Wave in Argentina. BUENOS AIRES February 9 (®).— Argentina is suffering from a heat wave. In some provinces the ther- mometer reached 104 degrees and in ! Buenos Aires it has been 96 in the shade, | ber: | membership it BACK CHNANDERA = | the wisdom.” of | impor- ! U..1S DEFINITELY OUTSIDE OF WORLD COURT, NOTES SHOW Three Foreign Nations Agree to Ask Modification of Reservations. ACTION AUTOMATICALLY DISCONTINUES FIGHT Senate Refuses to Take Up Reso- lution Rescinding Acceptance of Protocol. The long fight over American mer. hip in the World Court apparently has come to an end, with the United States standing definitely outside the tribunal. Three foreign governments Who agreed at Geneva to ask for modifica- tion of the Senate reservations to the court protocol have advised the State Department officially of their decision. President Coolidge has announced that it the reservations were not accepted without change he would not reopen the subject. Great Britain Replies. One of the formal notifications came from Great Britain, but what other nations have replied to the American overture remains undisclosed. State Department officials would not even indicate today what lines were fol- lowed in the communications nor con- firm that they constituted rejections. Receipt of the notes from abroad became known today- at a time \\'hfin the Senate W refusing, on the ground that it was unnecessary, to take up a resolution proposing that the Senate's ratification of the court protocol be rescinded. Under the terms of the ratisfication, failure of any one nation having court to accept the Senate reservations makes the American offer to conditionally enter the court invalid. Today Senate action, taken by a vote of 59 to 10, was preceded by a hate which took tke form of a vale- tory discussion of American pros- pects for court. membership and pre- sented the strange picture of a Sena- tor who voted for ratification demand- ing withdrawal, and a Senator who led the fight against ratification opposing {any change in the record as it stands. The fight was over a resolution by Senator Trammell, Democrat, Florida, who supported the court at the last session of Congress, proposing that the Senate reverse itself and rescind its ratification. Senator Borah of Idaho, the foreign relations commit- tee chairman, who was leader of the anti-court forces last session, opposed the resolution, declaring the United already was definitely out of the court and further action was un- necessary. It was on motion of the Democratic floor leader, Senator Rob- inson of Arkansas, that the Trammell proposal finally was laid on the table. Holds Time Inopportune, Senator Borah told his colleagues that the foreign relations committee felt that the court should be “allow- ed to work itself out” and that the present was not an opportune time for any Senate action. “If the Senator from Florida had been as zealous at the time the court fight was on, he would have been more effective than he is now,” he said. “I am sorry the zealousness of the chairman of the committee has waned,” replied Senator Trammell. “The Senator from Florida is deal ing with a matter about which he is not informed,” responded Senator Borah. “That's simply the opinion of the Senator from Idaho,” Senator Tram- mell answered. He thinks he has all MACHADO WILL LEAVE FOR WASHINGTON FEB. 22 Cuban President Will Visit Here Before Going to New York as Mayor’s Guest. By the Associated Press. HAVANA, February 9.—President Machado expects to leave for Wash- ington by way of Key West February 22. He will extend an invitation to President Coolidge and Secretary of te Kellogg to be guests at the pan-American conference at Havana in 1928. After attending a reception at the Cuban embassy in Washington Febru- ary 24 and the Gridiron Club dinner, he will go to New York, where he will be the guest of Mayor James J. Walker, who is visiting Havana at the present time. President Machado will be the first Chief Executive of Cuba to leave the country while in office. ENJOINS VALENCIA CAFE. Bailey of the District Su- preme Court today signed a perma- Rent injunction against the Valencia Cafe, 711 Thirteenth street, preventing the 'sale of intoxicants there. The owners of the cafe gave a bond of $1,000 to see that the national pro- Justice | hibition law was not again violated by them or their employes. Attorney Philip Ershler did not oppose the sign- ing of the permanent decree. He de- clared the injunction would not in- ferfere with the regular business,.of the cafe. ol\oPRESS AT i (Gow AuSMire demren Rop| T Yo ON T TEMEWT Tyar Reossve.- FORD SAYS U. 5. 1S SOLID AS ROCK Auto Maker, After White House Visit, Asserts Busi- ness Outlook Admirable. The country generally is “solid as a rock,” and Henry Ford considers the prospects for the coming year as being bright, he said at the White House today. He added that there is some little diminution in business compared with the great boom of last year, but, in his opinlon, the situation as a whole is admirable. The Detroit automobile manufac- turer came to Washington yesterday afternoon to be one of a notable com- pany at a dinner given by the Secre- tary of the Interior in honor of Presis dent Coolidge. His visit to the White House today was, according to his explanation, merely for the purpose of saying “Howdy do” to the President. He smiled after leaving the Presi: dent’s office, when he said he thought the President would not mind having him call because he had nothing to urge or no favors to ask. Comments on President. “President Coolidge impressed me as being in splendid health and in good spirits,” Mr. Ford said to the newspaper men who swarmed about him as he came out of the President’s office. “The President struck me as standing up well under the many duties of his office. I was happy to see that he was looking so well.” In reply to questions as to what they discussed during the few mo- ments they chatted, Mr. Ford said they talked about nothing in partic- ular. He added that they simply ex. Ch:L{IgEd greetings. When asked for an opinion regard- ing prohibition Mr. Ford readily re. pllodv that he firmly belleved in pro- hibition, adding that the results have been so beneficial he hoped it had come to stay. “‘Prohibition is a good thing for the country, and it should be continued,” Mr. Ford stated. “I am in a position to know that it has been of untold benefits to the working man. Sur- veys made in my own plant show this The conditions among working men now compared with the period before prohibition are as different as is day from night. Country Better Off. “The country is beter off with pro- hibition,” Mr. Ford said. ‘“‘Alcohol is no good for anyone.” Mr. Ford said he was leaving Wash- ington this afternoon to attend a party in East Orange, N. J., tonight in honor of the eightieth birthday anniversary of Thomas A. Edison. one of his intimate friends. Mr. Fora said he had no intention of attending any of the sessions of the Ford tax hearings before the Board of Tax Appeals. Railroad Strike Looms. MEXICO CITY, February 9 (#).— A general strike of railroad workers throughout the country is threatened for next week. The executive com- mittee of the Confederation of Unions of Rallroad Workers has notified 1ail- road officlals that such a strike.%ill be ordered on February 17 unless the companies adjust the differences with the shopmen, who are noW ‘on strike for higher wages. Asks $35,000;,000 for Veteran Fund President Coolidge vesterday asked Congress for a $35,000,000 appropria- tion to care for World War tubercu- lar patients. The money would be in addition to that already provided in regular annual appropriations. By the Associated Press. MERIDEN, Conn, February 9.— Nobody loves a “back-seat driver,” in Connecticut, at least. Even the law has withdrawn its sanction from | the passenger who takes it upon him- | self or herself to warn, advise and | “assist” the driver of an automobile. “A passenger in an automobile should sit still and say nothing, be- cause any other course is fraught with danger,” was the dictum of Judge Curtiss in a finding written for the bench of the State Supreme Court, “Inferference by laying hold of an operating lever, or by exclama- tion, or even by direction or inquiry Connecticut Supreme Court Officially Scores Dangerous Back-Seat Driving is generally to be deprecated; as in the long run the greater safety lies in letting the driver alone,” the find- ing continued. It had been accepted in this State that a passenger in an automobile must caution the driver if, in the passenger’s opinion, the car was being operated in a careless and negligent manner. The Superior Court held in a suit for damages that by not thus cautioning the driver the passenger had acquiesced and assumed responsibility and the defendant driver was awarded a ver- dict. The Supreme Court has set aside the judgment and ordered a retrial. Capt. Peter Wright | Apologizes in Note To Gladstone’s Son the Associated Press. LONDON, February 9.—Capt. Peter Wright has sent a letter to Viscount Gladstone expressing re- gret for the pain caused him and his family by the references made in Wright's book, “Portraits and Criticisms to the viscount's father, the late William Ewart Gladstone, prime minister under Queen Victoria. Capt. Wright lost a recent libel suit based on a letter in which Lord Gladstone excoriated him for his references to the elder Glad- stone as a moral hypocrite. In finding for the defendant, the jury declared that the character of the elder Gladstone had been fully vindicated. .. MAYNOT G COSHOSELLBSIE Danger of Lafayette Square Becoming Commercialized to Be Shown at Hearing. s Further emphasizing the need for protecting the setting of the White House from invasion of business structures, as stressed in the protest of the American Institute of Archi- tects, attention was called today to the fact that the historic corner on Lafayette square owned and occu- pled by the Cosmos Club is in danger of falling into the hands of com- merclal developers unless speedily acquired by the Government. While the danger is said to be rather remote at present, the disposal of this valuable frontage neverthe- less is being contemplated by the board of managers of the Cosmos Club, which has occupied the site since 1884. In the event of its sale to business interests, the interesting Dolly Madison mansion, one of the few remaining landmarks of Wash- ington, in all probability would give place to a modern skyscraper or some_other building that not only would dwarf the White House in comparison, but would be out of har- mony with original plans of the McMillan Commission for the archi- tectural development of Lafayette square. With the passing of the remaining old residences on the H street side of this beautiful square, which offers a natural setting for the White House, the national body of architects pro tests the building scheme i5 “hodge- podge” and inexcusable in a city re- planned as a National Capital. Treasury Amnex Plans. Present plans™6f the Government call for the-erection of the proposed new addition to the Treasury Annex on the-“site of the Cosmos Club and Belaséo Theater, with the new Depart- mernt of State Building facing La- fayette Square on the opposite side. FThese structures would give to the immediate vicinity of the White House a touch of imposing dignity. Though the locations of these proposed monu- mental buildings have been approved by the proper Federal authorities, it was pointed out that some years may elapse before Congress takes the necessary steps to put the plans into execution. 4 Meanwhile officials who are study- ing the situation with an eye to pre- serving the architectural development of this section point to the fact that should commercial buildings be erected at any time soon on either one of these two sides of Lafayette Square the Government would have to pay highly for its delay in acquiring the land. On behalf of the Cosmos Club, it was explained today that plans for the possible disposal of its property or the erection of a new club building on a part of the site are being held in abeyance. It is a matter, however, that {s giving the club management much concern. As a result of a meet- ing last month, at which present and future financing was considered, the board of management was authorized to proceed on the assumption that the, club will adopt, in the reasonably near future, some plan for securing finan- cial advantage from the club land. ‘There the matter rests for the present. Hearing Called Tomorrow. Another phase of the situation af- fecting the development of Lafayette Square will come up tomorrow after- noon at a hearing before the Senate DEBT COMMISSION OUT OF EXISTENCE French War Obligation Prin- cipal One Hanging Fire. " Huge Total Funded. By the Associated Press. The World War Fore Commission expired today ign Debt , dimming | | i 1 | ponents PRESIDENT'S VET0 OF FARM BILL SEEN UNLESS MODIFIED Limitation on His Right to Appoint Board Members Objected to Strongly. PRICE-FIXING C;IANCES ALSO CAUSING ANXIETY Advocates of McNary-Haugen Measure Inclined to Press Pas- sage in Present Form. BY DAVID LAWRENCE. President Coolidge will veto the Me Nary-Haugen bill if it comes to him in its present form This determination is based on a number of phases of the bill which are objectionable to the President They can be removed if the pro of farm legislation care to do so, but indications are that they prefer the present program. Mr. Coolidge objects to the pro vision that the farm organizations of the country shall appoint the mem bers of the proposed Federal F Board and that the Chief Executive hall act as a rubber stamp in accept ing the nominations made for him Such an usurpation of the executive authority, it is contended, has never before' been asked of a Chief Execu tive, Rail Board Comparison. There have been provisions to the effect that appointments shall be made from a certain group, but this has always been on boards or commissior in which freedom of choice as to in dividuals was left to the President The nearest approach to the Me Nary-Haugen proposal was in the provisions of the transportation act of 1920 creating the Railroad Labor Board, which has since been abolished. Three members were nominated by employers and three by labor organiza- tions, but the President had no re striction whatsoever placed upon him | with respect to the three members of more than ever any hopes France|the public group. may entertain for modification of the Mellon-Berenger agreement. If the McNary-Haugen bill provided for four members from farm orga While France has indicated unoffi- | tions, four from the grain export com- cially it might seek modification of the | Panies and four to represent the pub- $4,025,000,000 settlement, Secretary Mellon, chairman of the Debt Com- mission, holds that the deal is closed and any further negotiations would have to be taken up with Congress. The House has already approved the agreement, but the Senate is await- ing ratification by the French parlia- ment. In its five years of existence the bi-partisian / commission settlements with 13 other nations. Of the $10,102,000,000 principal of the | debt, the settlements represent $9,811,004,094 of the principal, or more than 97 per cent. Total Settlement Large. The total value of the settlements, | is | : 4 Of this $565,67%542 | there still remains the question of including the funded interes: $11,522,354,000. already has been paid in accordance with the agreements. All of the agreements have been ratified by Congress except those with France and Jugoslavia. Sena- tor Smoot of Utah, a member of the | Poard would merely in unsuccessful | Withhold the surplus from the export commission, made an concluded | lic, namely the Government Iitself, there would be less objection at the ‘White House to the proposal. Limitations on Executive. The McNary-Haugen bill, if enacted into law, would have 12 members on |the Federal Farm Board nominated {and selected by the farm organiza- tions themselves, and while it is true the President could seft from the three nominations made in._each of the 12 districts, he would have no power to go beyond that and he would be compelled to select one from the group of three even though all three might be undesirable appointments. No such blanket restriction on the executive power of appointment has ever been made by Congress. Entirely apart from this provision {how far the farm board would go in the realm of price-fi that is fundamentally the President. | McNary-Haugen ng, a principle obnoxious to The friends of the bill argue that the an emergency attempt yesterday to obtain ratifi- | market, and that this automatically cation of the latter settlement, a vote | Would affect the price, but the Presi being blocked by debate. Four countries, have not concluded |2 Government board accept the settlements—Russia, Greece, Austr] and Liberia. ed a moratorium until gress is_considering Greece. no negotiations can be ¢ 1943. proposals Con- of " (Continued on Page 4, Column 2. 0., PAY INCREASE FOR D. G, HEAD House Committee Orders Fa- vorable Report—Insur- ance Code Tabled. The House District committee day ordered a favorable report on the bill to increase the salary of the Dis- trict Commissioners from § Austria has been grant- | dent does not like the idea of having re | ponsibility for affecting market pric Curtis-Crisp Measure. | The Curtfs-Crisp bill, on the other Russia is not recognized and | hand, 1«\1.~nd the necessary credits to these | | i \ | | | 0 to! FARM BILL I $10,000 a year after Chairman Zihl-| man had broken a tie vote of 4 to 4.!Congress May P: The committee also ordered a favo able report on the bill to make minor technical corrections in the law for licensing architects, and the Gasque bill, permitting a steam pipe line to be run from the Willard Hotel to Childs’ Restaurant. Chafrman Zihlman emphasized the need for urgent action on the grade- crossing the subcommittee announced ing for Friday morning. Insurance Code Tabled. After considerable debate on the in- surance code and the separate bill covering life insurance business, the matter was tabled until the next a hear- meeting on motion of Representative | Little of Kansas. Martin A. Leese, president of the ‘Washington Chamber of Commerce, urged committee action on the Com- missioners’ salary bill. He pointed out that no increase in salary had been made for a number of years and thi#t it is hard to get the desirable man for the office, who must divest himgself of all_other activities to receive a salary of $7,600 a year. Mr. Leese said he ki «of no opposition to this meas- ure among the citizens and said that ng cannot expect able men to ‘the office for salaries on the same scale as years ago. Representative Blanton, Democrat, of Texas, made the motion for a favor- able report, on which those voting in opposition were: Representatives Ham- bill, and Chairman Stalker of | | I | | Tu i mer, Democrat, of North Carolina; Houston, Republican, of Delaware; Gasque, Democrat, of South Carolina, Little, Republican, of Kansas. bse voting in favor were: Blanton, ocrat, of Texas; Bowman, Repub- {stick to his con to- | comes to him unmodified | the McNary j for 12 hours’ debate to be equally which the President favors, nducted. The | would have 12 persons appointed by | the g {in emer; President, and this board would ncies aid in the formation of corporations out of the co. atives, and the Government would porations whenever the latter de ided to withhold their product from markets to affect the price. But the responsibility for price fix- ng would be on the farm corporations themselves. Politically a veto of the McNary- Haugen bill will affect Mr. Coolidge’s fortunes to a large extent. 't would alienate Republicans of the Middle West, but the friends of Mr. Coolidge think he has lost that group anyhow, whereas if he signed the McNary- Haugen bill he would forfeit the sup port and friendship of Eastern Repub- licans, who would view the signature as the surrender of a conviction to political expedie: Mr. Coolidge will ctions i# the bill (Copyright. 19 N BOTH BRANCHE ss Measure—Reported President Will Veto It. The McNary-Haugen farm relief bill today occupied the attention of both House and Senate. The final vote in ouse is expected by Monday or sday at the latest. In the Senate an agreement has already been reach- ed to vote on the measure Frida While Congress is preparing for a final showdown on the farm bill, with the prespect of passing it and sending it to the President, the reports that the President will veto the bill if it should come to him grew in volume. One report was to the effect the Presi | dent had said as long ago as Decem- ber that he would veto it if he were called upon to make the decision. No official statement has been made at the White House, however, as to what the President will do. Soon after the House met today Rep resentative Burton of Ohio called up special rule reported from the commit- tee on rules for the consideration of faugen bill. It provides divided between supporters and oppo- nents of the bill. One-half of the time is to be controlled by Representative Haugen of Tows And one-half by Rep- resentative Aswell of Louisiana. After 12 hours of debate the bill is to be read for amendments under the five- minute rule, and at the conclusion of the reading of the bill a vote is to be taken. Mr. Burton sought unanimous con- sent for 2 hours and 40 minutes’ de- bate on the rule. Objection was made however, and debate on the rule limited to 1 hour, and, controlled by Mr. Burton, then began. The adop- tion of the rule is expected. Representative Purnell of Indiana, (Continued on 4, Column 2. “"(Spntinued on Page 4, Column 6.) (Continued on Page 4, Column 1.)