Evening Star Newspaper, November 15, 1927, Page 37

SEES BANK CREDIT COSTLY T0 FARMER Brookhart Attributes 65 Per Cent of Troubles to Fed- eral Reserve Rates. | ; | Bimultaneous with the spurring of | the administration’s efforts tow wrd | farm telief by the report in New York | of;the Business Men's Commission on Agriculture, Senator Brookhart of Towa, one of the group of independent | Republican Senators, issued a state | ment in which he atwibuted 33 of the farme troubles | cost of eredit in the Fed. | System and in the gen | stem under | vt consti arm reliei | o re- Thei jection . oxi system. L which | 1we opponents | heart, and its | 1 farm bhoara | ion new apao was listened group. Its pro however, res by adminiser; 1o & ) posal for tariff revision | ted in a studied silence | ion members. Senator’s Suggestion, In his statement Senator Brook bart proposed. that the Federal Bank rediscount rate be fixed at 3 per cen by law and that the Federal Reserv: act he amended to proh’bit membe: banks from making loans for specula tive purposes The Jowa Senator declired thit : fixed if hibited from other hank on redepos b ss was thereby foreed into the Reserve Banks. He would authoriz the Reserve Banks to pay interest on these deposits “Thi “would greatly in l‘n- volume of husinex rescrve banks could surt rate of 3 per cent, which ought to be fixed by iaw. If the rediscount rate were cent, a 2 per cent margin enoush for the ordinary inte to farmer: 3 +of the co v, therefore provide a per cent rate and give a equal chanee of the countr: Would Amend Credit Bank Act. Senztor. Brookhart also proposed | amendment_of the intermadiate tredit | bank act to miys these hanks powers of the Federal Reserve Bank. includ lmmz nmvs.r-‘ to e roser notes as oney, ut ) ive - mones upon co-operative prin. He would then permit country banks and labor banks to become members.of this co-operative reserve system which “would give the farmers and the laboring people of the coun try the right to organize their own savings in a complete co-operative svstem under their own control. and | these =avings are far more than the | gredit requirements of agriculture and Jabor.” | 2 per cent | | | per ! wide | st and the weneral hus s Congzress should | Everyday Prom the Roston Transerint. Any guy can be gay when he's off | for a day with a rod or a gun or an Ruto: but the fellows worth while are the s who can smile when they | don’t want to work but hav | Herces. i P Nationa! |, dark '« | side. 5 led. | to_the telephone. THE EVEN Phylins's Party. HYLINA GAGE sat by her stove with her feet on the fender in a “tew” of thought, as she wuold have expressed it. Her pink, healthy lovable old face showed an unusual pucker of mental struggle, and she rubbed her thumbs nervou Iy and occasionally sighed “olks have been so dreftul kind to me that I feel I'd like to do somethin for them,” she said. “But there’s so litile 1 can do. I'm poor and alone in the world and I've only got these | four little rooms, and thel isn't a| thing in them as nice as any of my friends have. Yet there ought to be mething I could do to pay back yme of my obligations. I know what like to do. I'd like to give a but, any party that 1 part give wouldn't amount to noth- coul suddenly reached dow! the poker and began to stir the fire. A glow of warmth and light came out into the dull little »m and with it perhaps the courage | and inspiration she had been seeking within herself. ! “I will give a party,” she directed. i00d land. 1 can't any more thar| tit. I'll have it just as soon as I can ready for it and ask folks. nd I'll go over to Mrs. Hawkins' right now and ask it I may use their tele- phone. Phyl head s partment, in_something When she stated her errand Mrs. Hawkins smiled rather scornfully. “My goodness, Mrs. Gage; you don't ou're going to give a party to people in that place where you Why. I wouldn't think of doing uch a thing! And think of the ex-| : You can't afford it.” | ‘s pink face paled slightly . T've got to do something to | 1 appreciate their kindn d. “I can’t think of anything but a pa All the folks I know are well provided for. T couldn't do anything for them that way.” But, my dear woman,” said the subtle Mrs. Hawkin: fost of friends live in fine houses. Mrs. Freemantel! What would Phylina picked up oss to the oth: . Hawkins lived show your There she thin “She comes Phylina. “She'd come to my You'll come too. won't pleaded suddenly Mrs. Hawkins laughed. “You won't “And anywi erowded.” Phylina bit her lip. Her spirits were falling like the thermometer out- to call on me" s party. you?" she she said. don't like to be vbe you won't have to be erowd- T'll see,” she said as she went “M Within 10 minutes she had 15 a ceptances for the next evening. It| was certainly heartening the way peo- ple answered: “Of course I'll come’ Thank you. Phylina. What a j 1 idea! ell,” said Phylina, as she turned from the telephone. “They are all! d now I've got to get ready Mrs. Hawkins laughed again. “Oh, it's so easy to find excuses; after you ve accepted,” she said light- ly. “In fact, it's much easier to back out than to decline.” Phylina_could not reply. She went | back to the stove and had some bit- ter communion with it. Perhaps Mrs. Hawkins was right. Perhaps she was WNIthnfieideTltSu' rub ewbray Herelcide dntoscalp with finger tips. DAN- DRUFF disappears, hairsparkles with new life, lustre and beauty Dn-b—finm:‘hl-vfi— THE EVENING STAR. WASHI NG STORY a tool for even thinking of asking so many people to her poor little apart- ment. “But now that I've done it T'll get ready for them. If they want to back out they ca She gulped at the thought. Then she arose and began to_work. She worked until she was tired enough to sleep that night, knowing that only so could she sleep. Next| morning she arose and began again. She made cookies, all the delicious small kinds of cooky she knew, thim- ble biscuits that would crumble at a touch, to be eaten with thin-sliced pink ham and a taste of her famous picalilli, and lastly a_great pail of maple mousse, which she froze in the snow. At 7 o'clock that night her rooms ere in perfect order, the fire glo ing, the refreshments ready to se and herself dressed in her best black taffeta, with the white collar and cuffs. Her usual color was lacking, for she was pale with doubt. But as yet she ad heard not a word that would make her believe that anybody in-| tended to stay away. At half past 7 nobody had arrived at 8—still nohody. Phylina began to walk her kitchen. clasping and un- clasping her trembling hands. Some one would come—oh, somebody must come. Three minutes past 8 came a knock | at her sitting room door. She open the door and found M mantle and the judge and Dr. A Wight. And hehind them. owding the all the others, not 1 | “We simply couldn't make the men at_home,” said Mrs. Wright. The sitting room was full, the din- ing room was full they oveiflowed into the kitchen. Phylina's bedroom was stacked high with wraps. There were not chairs enough. but nobody minded. They stood about. talking cagerly and laughing a great deal. Then somebody started the old-fash- foned game of forfeits. Nothing wa ever merrier. Th quiet elderl enjoyed themselves like young- sters. As for Phylina, her color had come ave and her face shone with | | st: " she said to her- | welf, “that ther ookies and hiscuits enough. [ think the ham will hold but I'm not sure about the in_her elegant | Wight. in her | taupe crepe. Phylina serve. | The men heiped. too, handing round | the things with great skill and alacri- ty. ‘There were more than enough cookies, although the judge confessed to eating seven; the biscuits and ham | held ont wonderfully and the mousse emantle and Mrs helped Mrs. Fi gray satin Do Your Xmas Shopping Early! BOGUDOIR LAMPS Make Useful Gifts—Prices Range From 30 Also Special Prices on TABLE AND FLOOR LAMPS Silk and Parchment Shades C. A. MUDDIMAN CO. 709 13th St. N.W. SERVICE#/ GuLF PUMPS~ or service station are beaton lights of service and quality ~Courteous at- tendants, prompt and efficient, make it a pleasure to That Good " Gulf Gasoline Gulf No-Nox Motor Fuel Supreme Motor Qil Combined with Su either of these and mileage ~ | trom s | close to Phylin: | she said earnestly. asolines insure power %‘ill your tank, cmnge was made to answer by serving small- er_portio “I hope we aren't keeping any one awake,” Dr. Wight said when 12 o'clock came. “But anyway, they will forgive vou this once, Phylina. You don‘t give your friends such a good time every da; At last, yet reluctantly, they de- parted. The men shook hands with Phylina, the women kissed her. It was not necessary to tell her that they had enjoyed themselves, for they beamed pleasure. And Pl vlina, tired though she was, beamed back. “Your par was a great success. Phylina,” Mrs, Freemantle said. never had a better time. Ask us again some time, 4 “T will Then alone. Just yet, turned out the lights a the glow of her stove and rocked and lost herself in ha momories. That story the judge had told! She could laugh yet about it. And the way Dr Wight described his fir: case—could anything have been funnier? And Mr Poultney recited a poem that was clear comedy right straight through Oh, it was without the least doubt a success after all she had suffered 2 what Mrs. Hawkins had said remembered M 1 vot promised Phylina. it was all over. She was| But she could mot go to hed | for she could not sleep. She nd sat down by i i her happiness at number of her guests.: Well, tomor- vow she would take her a plate of ze for the no the door opened Hawkins entered. kept you awake!" Phylina At t and Mr “Oh, w exclaimed. Mrs. Hawkins smiled faintly. She came and took the other rocking-chair left ol She s there anything of the part for me?" she asked tremulousl. know 1 don't deserve it, but— Phylina looked at the woman. had unmistakably been crying. She had been lone’ while the rest of them were merry. The poor thing! Phylina could never keep a grudge an_instant. She jumped up and brought a plate of cookies. “I wish 1 had more to offer you,” | THE END. (Covyright. 1927.) Mirth From Munich. From the Boston Transcript Kitchen Help—I have to announce, madam. that my engagement is hroken Mistress—That doesn’t interest me Ann: Help—But magam has told me 1 must always report anything that gete husted in the Kitchen. August 4 marks the opening of the oyster season tn England, not Septem ber 1, as in Americ 5620 Main 140—6436 anywhere~dealer purchase Gulf preme Motor Oil your oil and note the improvement in your motor. At the Sign of the Orange Disc NGTON, D: €., TUESDAY, N OVEMBER 15, 1927. Played It on Him. om the Boston Transeript ITION LOOMS IN RUMANIA e- Fagged Hushand—I've heen in every shop in town, and they ean't match this material anywhe Wite—Splendid! 1 ji make sure no one else ¢ gown like it. By the Associated Press BUCHAREST, Rumania, November 15. — Progressive prohibition, which in 12 years it is hoped “will make Rumania as dry as the United States is called for in a hill which will be introduced in Parliament shortly on behalf of the Bratianu government. If, as seems most likely. the bill | becomes law, only one saloon will be allowad to every 1,000 of population, | with a gradual reduction in the num || ber of saloons until at the end of 12 | years all will disappesr. I The bill makes available ns food | | and industrial products all ingredi || | I i Collateral Loans Vop can borrow from us on Listed Securities under our Savings Loan Plan. ents which heretofore have entered into the composition of spirituous drinks, ‘ Dr. SIEGERTS For gas, heart-burn, cramps, sour stomach or indigestion, caused by in- wfficient digestive fluids. A tonic In your food Makes everything delicious Same formula since 1824 This service available to all Washingtonians. Reasonable Rates. Phone Main 6900 for Estimates Merchants Transfer & Storage Co. 920-922 E Street N.W. Departmental Bank “Your Bank” Under 0. § Government Supervision 1714 PA. AVE. N.W. Pays 4% on Savings Accounts eigh the values when you trade-in your present car A dollar taken in with the right hand and paid out with the left leaves you with no dollar at all. Remember this simple arithmétic when you trade- in your present car for a new car. For if an excessive offer is made possible by an excessive price on the new car, you are simply swapping dollars. These are basic facts about used car allowances: 4 The largest allowance is not necessgrily the best deal for you. Sometimes it is; sometimes it is not. 1 When you trade-in your present car for a new car, you are mak- ing a purchase, not a sale. You are simply applying your present car as a credit toward the purchase price of a new car. 5 An excessive allowance may mean that you are paying an ex- cessive price for the new car in «comparison with its real value. 2 Your present car has only one fundamental basis of value; i.e what the dealer who accepts it in trade can get for it in the used car peesorien 6 First weigh the merits of the new car in comparison with its price, including all delivery and finance charges. Then weigh any differ- ence in allowance offered on your present car. 3 Your present car has seemingly different values because competi- tive dealers are bidding to sell you a new car. GENERAL MOTORS A car for every purse and purpose i . CHEVROLET : PONTIAC - OLDSMOBILE - OAKLAND BUICK - LASALLE - CADILLAC - FISHER BODIES GENERAL MOTORS TRUCKS - YELLOW CABS AND COACHES FRIGIDAIRE—The electric refrigerator