Evening Star Newspaper, October 17, 1927, Page 7

LAW ON FOREIGN LOANS 1S SCOUTED Controversy Centered About Permanency of Present U. S. Policy. BY DAVID LAWRENCE. Senator Glass says the Department of State has no authority to veto for- eign loans—and the Department of State agrees with him. The Virginia Senator states that it would be un- constitutional to pass a law placing an embargo on credits to foreign gov- ernments—and again most officials of the Government who have dealt with the subject say the question will never need to be handled by law. The controversy that has arisen over the State Department’s policy in reference to foreign loans is solely as to when the policy should be termi- nated. Neither President Harding nor Secretary iof State Hughes, who inated the policy, ever contemp that it would be permanent. It was inaugurated merely as a step in the foreign policy of the Government in dealing with war debts and just as many things can be done by common consent wtihout law or authority, i all parties agree, so the bankers vol- untarily agreed to let the State De- partment know when they had any foreign loans coming. Merits Not Passed On. The State Department specifi declared that it would merely whether or not it had any objection to the floating of the loan and this was not to be taken as in any way passing on the merits of the loans. When the United States was en- deavoring to bring European nations in line in the matter of war debts, the American bankers thought it patriotic not to lend money to countries which were declining to fund their debts to America. The Department of State knew that it had a greater power than any law to veto such flotations even if the bankers had not agreed with the department’s policy. It was the power -of public sentiment and moral suasion. If the President State had seen fit to e a statement appealing to the American people not to let their funds go to foreign coun- tries which had failed to recognize or settle their war debts, the chances are that the flotation of such loans to American iInvestors would have been difficult for the bankers. So on all sides it has been agreed that where the Department of State wanted banker co-operation on broad questions of international policy, the bankers would follow the wishes of the Government. State Department had no legal power in the matter has long been recognized; in fact, on two occasions, loans were floated despite the frowns of the State Department and no penalty was ap- plied nor was any public comment made by the Goverrment. Legislation Discussed. ‘There has been talk of a law to pre- wvent indiscriminate lending to foreign countries, but the thought back of this was to prevent loss to American investors and to prevent the Govern- ment here from becoming in any way a guarantor of foreign loans. It was assumed that under the license sys- tem some constitutional authority would have been found, but neither the Harding nor Coolidge administra- tion has ever encouraged the idea of legislation, ‘When the French debt question is settled, and possibly before, the policy of passing on foreign loans will have been terminated. In fact, if invest- ment bankers had ever decided to pull out of the informal truce entered into under the Harding administra- tion, they would have found very little resistance against their course except at moments when critical negotiations with foreign governments were in progress. (Covyright, 1927.) —— POLICEMAN ATTACKED. Young Colored Man Sought as As- sailant of Beechner. An unidentified young colored man is wanted by the police to answer charges of reckless driving and as- saulting Policeman Harold W. Beech- ner of No. 4 precint at Fifth and K streets southeast last night. The policeman, reported to have been struck with a blunt instrument and kicked in the mouth, suffered the loss of three teeth and injuries to his h Beechner, oft duty and_in_civillan r Secretary of attire, was driving near Eighth and | p M streets southeast when, he said, he | Resol noticed the young colored man driv- ing in reckless manner. Beechner overtook him at Fifth and K streets southeast and placed him under ar- rest. The officer said the man then attacked him.' The wounded police- man was taken to Casualty Hospital. BOTTLES LEAD TO BODY. Presence of milk bottles in front of the home of Mrs. Sarah Finn, about 75 years old, 907 Fourteenth street south- east, about 10 o'clock this morning, suggested to two occupants of the ad- Joining house, Policeman Edwin C. Crouch and P. E. Allen of the police squad at the White House, that they make an investigation. ‘They entered the premises and found the body of Mrs. Finn in the bath- room. Mrs. Finn, whose death result- ed from natural causes, was last seen alive about 5 o'clock yesterday after- noon. Police learned that a sister of Mrs. J. Patton, resides in . Y., and a niece, Catherine Graham, resides in Vancouver, B. C. They were notified. AT R Lipton Offers Miami Cup. MIAMI, Fla., October 17 (#).—Sir Thomas Lipton will offer a trophy for the yacht races here this Winter c ducted by the South Florida Boat R: ing Association, and has accepted an invitation to be the guest of the city during the races. The announcement ‘was made toda; The fact that the | THE EVENING STAR, WASHINGTON, BRITISH CRUISERS AT NAVY YARD The cruisers Cairo and Calcutta, which tied up at the dock in Wash. ington Navy Yard today, on their mis- sion of good will to the United States. Below, Admiral Sir Walter H. Cowan, commander of the ships. Underwood Photos. SHIPPING NEWS Arrivals at and Sailings From New York. ARRIVED YESTERDAY. Toloa—Port Limon. Belgenland—Antworp Minnewaska—London Maraval—Trinidad DUE TODAY. Cameronia—Glasgow Aurania—Liverpool . American Farmer—London. Cedric—Liverpool . Duilio—Genoa .. Fort St. George—] Hamburg—Hamburg . Leviathan—Southampton . Yorck—Bremen ....... Santa Ana—Valparaiso Frederick VIII—Copenhage San Lorenzo—San Juan, Yoro—Kingston . .. Porto Rico—San Jus DUE TOMORROW. Drottningholm—Gothenburg . Colombla—San Francisco. Lancastria—Southampton Orizaba—Hayana . Roussillon—Bordeaux auban—Buenos _Aires lle do France—Hhavre . Bolivar—Puerto Colombia DUE WEDNESDAY, OCTOBER 10, Homeric—Southampton +eec Qctober 13 Lara—Maracaibo ... 1111 0ctober 8 DUE THURSDAY, OCTOBER 20. Fort Victoria—Bermuda . Silvia—St. John's .. Santa Marta—Santa, President Garfield—World DUE FRIDAY. OCTOBER 21. Aquitania—Southam) resden—Bremen . ute— Hambury Volendam—Rotterdam . DUE SATURDAY, OCTOBER 22. Columbus—Bremen .. . .October 13 DUE SUNDAY, OCTOBER 23. Colombo-—Genoa October 13 Hubert—Para . October 10 DUE MONDAY OCTOBER 24. Adriatic—Liverpool American Shipper—Lo AR Antwers A ronia— Sonthamb Cedric—Liverpool . 8 Laconia—Liverpool .. g President Wilson—Trieste ......Qctober 1 ‘Westphalia—Hamburg .. ++.October 12 OUTGOING STEAMERS, SAILING TODAY. Colon—Corunna, Santander and Cristobal Bilboa. Rochambeau—Havre, SAILING TOMORROW, President Roosevelt—Plymouth, Cherbourg and Bremen. Cristobal—Fort au Prince and Crigtobal. Mayaro—Gr: Trindaid and merara. SAILING WEDNESDAY. OCTOBER 19. aracs—San Jusn, Le Guayra and Mara- Fort 8t George—Bermuda. §mw).(m.—lbmwm and Southampton. Gro—Kiniston. Roma—Alexandris, Jaffs and Beirut. Zucapa—Kingsions ‘Cristobal —and -~ Puerto Colombia. SAILING THURSDAY. OCTOBER 20, American Farmer—Plymouth and London. Cleyeland—Cherbourg. Southampton 8nd Ambure, Dominica—St. Thomas, Martiniqus and Tinidad. Mexico—Havana, Progreso, Vers Crus and Tampico. SAILING FRIDAY. OCTOBER 21. Ile de France—Plymouth and Havre. Homeric S Inagua and Port_au T rince. Ghus—Ta~ Guayra, Puerto Cabello and ibo Perfect baking results every time! If you use GOLDMEDAL FLOUR - “kitchen-tested” For every kind of baking: pies, pastries, cakes, biscuits, bread , Baked CITY NEWS IN BRIEF. TODAY. A card party for the benefit of Goodwlll_Council, No. 18, D. of A., will be held, 8:45 o'clock, at Naval Lodge Hall, Fourth and Pennsylvania avenue southeast. The Monday meet, 8 o'clock. in Y. M. ing. ' Louls Brownlow and speak. ‘The Holy Name Guild will observe its eleventh coln Colonnade. o'clock. The Hubbard-Raymond Home and School Association will meet in the Hubbard School, 8 o'clock. Annual election. Evening Club will C. A. Build- will preside from 8 Rev. G. 0. Bullock, pastor of Third Baptist Church, will preach a special sermon this evening at the Vermont Avenue Baptist Church. The Ladles' Auxiliary to the I O. ill have a 500 card party, 8:39 onic Temple, Sth and F streets northeast. West End Citizens' Association will meet, § o'clock, in Corcoran Hall Twenty-first near H streets. Elect of officers. FUTURE. Hope Council, No. Sons and Daughters of Liberty, will have a 500, card party, tomorrow, £:30 p.m., at Naval Lodge Hall, Fourth street and Pennsylvania avenue southeast. The Soclety its season F' ington Club, streets. tives will open v, 8 p.m., at the Wash- Seventeenth and K Burnside Post will meet tomorrow, 2 -~.m, in G. A. R. Hall. Bertrand Russell, former professor of philosophy at Harvard and lecturer on the staff of the British Institute of Philosophical Studies, will speak to- morrow night in the W Auditorum on “Education and Worldl Peace,” under auspices of the Wash. ington Chapter of the League for In- dustrial Democracy. Maj. Joseph C. Fegan, U. 8. M. C,, will speak tomorrow before the Wash- ington Advertising Club at its lunch- eon at the Men's City Club, 12:30 p.m. Rabbl Rosenblum will speak of “Brothering Our Youth,” Wednesday, in the vestry rooms of Eighth Street Temple, at the Broatherhood annual meeting and election, Entertainment and smokes. Dr. Winfield Whitman will address ed chiropractors of the District v at 7:30 pm. at the hool, 8th and T streets. p.m., at the La Fayette Hotel. D. C. Soclety of the Sons of the American Revolution will give a for- mal presentation to the National So- ciety of the new national headquar- ters building, at 1227 Sixteenth street, tomorrow at 2 p.m. The local soclety will act as host at the ceremony and all compatriots are invited to attend. The Business Women's Council will meet tomorrow in the lecture room of the Church of the Covenant. Rev. Willlam A. Eisenberger will lead the Bible class from 6:45 to 7:15 p.m., and William Knowles Cooper will speak of “Europe Toda The Kalorama Citizens’ Assoclation will meet tomorrow, 8 p.m., in_St. Margaret's parish home. Senator Wil- liam E. Borah may speak. P. E. O. luncheon tomorrow, 12:30 p.m,, at the Arlington Hotel. The District of Columbia Congress of Parent-Teacher Associations will meet tomorrow, 1:45 p.m., in audito- rium of Interior Department building. Dr. Frank K. Ballou will give greet- ings and the State president will speak on the national convention in Cali- fornia. in the good old New England way with molasses, brown sugar and prime sugar-cured pork Baked in the ground under the embers of a campfire—cooked for hours till they are mellow and tender as butter —under a heavy cover tightly sealed with clay to keep the fragrance and fla- ,vor in—beans baked like that are even better than they sound! And now you can get beans like that —beans with the “woods” flavor that home cooks have al- ways tried to match! Camp cooksin the ans b. Now you can taste beans like them Maine logging country say that Bean Hole Beans taste just like the beans they themselves still bake in the “bean hole.” Molasses—brown sugar—gener- ousslices of fine sugar-cured prime pork—give Bean Hole Beans their distinctive, old-fashioned logging- camp flavor. These, and a new_way of cooking. Try them for din- ner tomorrow night. Two sizes—medium aked in the roud D. €., MONDAY, OCTOBER 17, Ciyitan luncheon tomorrow, 12:30 || 1927. Clever Housewives Appreciate This— Piggly Wiggly Is more ':l'h.nn an !‘Zc‘onomy— !t ‘is .Al‘so a Lowest chain .St:we prices .0:1 Standard }évertised '.l'h.ingl, but ' Convenience > * | Of selection Found nowhere * * Bread Today Lady Alice Split-Top Lady Alice Rye Bread. . Lady Al Bread Lady 1 Alice Sandwich Whols Wheat Health ] Brea Always Nationally Known Quality Famill labels gre below t ordinary, Sugar Loaf Peas Excellent quality Breakfast Figs “Bockwith" and_beneficial. No 1 Poas o Y ceeeee Pineapple {iicd,,, The famous Libby brand No. 2 Can, 21c 3 Cans, 60c Big No. 2! Can, 25¢ 38 for 0c LIBBY’S quality line at Libby’s Beet Steak and Onlons, can o Libby's Corn Beef Hash, can Libby’s Vienna Sausage, can. ices PIGGLY Sunshine Soda Palmolive Soap Calimpbell’s Tomato Try Lady Alice Brands A few items from this excellent prices: 30c . 19¢ 12%¢ WIGGLY— Crackers Crisp, fresh crackers, direct from the great ovens of the Sunshine Biscuit Company. Special— A national favorite. At this ])rice you should certainly lay n a supply for months, 2 Cakes ....15c 8 Cakes ....50c 16 Cakes ..$1.00 Virginia Tomatoes Soup Made from luscious red-ripe tomatoes. This famous brand at a famous low price. 2 Cans, 15¢ Or Buy a Dozen for 85¢ Schindler’s Peanut Butter Made right here in Washing- ton—so you know it's fresh! _You will easily note the differ- ence, 1-Lb. Jar 25¢ Gold Medal Flour Amerlca’s most famous bak- ing flour. “Kitchen Tested”— you know what that means. Very special— 12-lb. Sack, 59¢ 24-Ib. Sack, $1.17 2 Cans, 15¢ 12 Cans, 79¢ Case (2 Doz.) $1.55 Fancy Pack, Red- ripe fruit. No. 2 eans. At this ba kain ‘price = you should "buy sev- eral cases. Pillsbury Pancake Flour One of the finest prepared griddle cake flours on the mar- ket, And right in the cake sea- son! Package 10c¢ We Wish You Would B Examine Our Refrigerators Sweet and spotlessly clean—exactly as you would have your refrigerator at home. Foods requiring_refrigeration are very easily contaminated by dirty or careless handling. Inspect our 9c 1c 1c 9c 1c , Sunset Gold Butter, Ib. . refrigerators the next time you are in and you will find another reason for trading at Piggly Wiggly. Very Special Prices on— 520 Kraft’s Pimento Cheese, 1, " 58¢ . 20c | 22¢ 14 1b. . Kraft’s Swiss Cheese, 14 1b. . Selected Eggs, Eratt’s American Cheese, 2()¢ 3 1b. Fresh Vegetables Cabbage, Ib., 2c YLarge, solld green heads. Finest quality and tender leaved. Iceberg Lettuceiii10c Splendid condition. Not .peck (15 1bs), 41c Crisp and fin a it of waste. Potatoes. " |l Sweet Poiatoes (Naney Halls), Sears = Nichols Co. Botr ““Tittts Admiral’ Spinach... brand. Deliclous 18¢ 10c 10c on these Edwards’ Preserves In the 0-oz. jars. Your cholce of Strawberry, Red Raspberry, Peach and several other fruits. ill's. 3sc Krumm’s Macaroni Also Spaghett! and Egg Noodles. You ean gny them assorted at 3 Pkgs. for Asparagus “California State” brand. We e ntinuing our speelal price on the 1 tall can for another week. 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