Evening Star Newspaper, March 22, 1929, Page 48

A 48 U. 5. LOANS ABROAD EXCEED 13 BILLION All Records Are Broken—In- creasing at'Rate of Bil- Man Antedates Monkey, Asserts Munich Scientist By the Associated Press. BERLIN, March 22—Take it from Prof. Edgar Dacque, famous Munich paleontologist, Darwin was wrong—man did not descend 1rom & monkey. In a lecture before the Cosmo- technical Society, and.with the THFE EVENING STAR, WASHINGTON, D. €. FRIDAY. MARCH 'ICE-BOUND WOMEN WIN POLLING PLACE |Study Club, Cut Off From Shore, Have Extra Precinct Created. WALGONAC, Mich. (#).—Because swirling ice in the St. Clair River cut tually two precinets appeared. Next the women went after the di- rect primary to take the place of the old-time caucus. They obtained it. One of the club members was appointed election inspector with consequent ir- regularities of the registration books spread before her. The club members now are actively supporting the State League of Woman Voters’ legislative plan for permanent registration, piimREr iy Northwest Stores Grain. ST. PAUL (#)—Tanks of about 1,500-bushel capacity are being sold to AGREE TO SAVE TREES. 0il Operators Will.Conserve Tim-| ber in Oklahoma. OKLAHOMA CITY, Okla. (#).—Oper- ators in the new fields opened south of this city have signed an agreement to leave standing every possible tree. Part of the area is thickly wooded 22, 1929, with oaks, pecans and persimmons, | Heretofore it has been the practice of || | oil companies to clear a road along | the most direct route for its traffic and | pipelines, with the result that many trees are felled. (1 Wirt Franklin, chairman of the oper- || || ators’ - oil -conservation committee, who || | promoted the agreement, says that so far as is known this is the first instance || in which ofl companies have co-operated for the protection of timber. off their homes on Harsens Island from | far s 'mers for storing their grain and flax. their yoting booth on the mainland, | whe "hidy they will be sealed and ine members of the Women's Study Club | 2 succeeded in having two -precincts cre- | Sured, after which attempts will be ald of elaborate scientific mate- rial, Prof. Dacque advanced the claim that the human type ex- isted long before the glacial Wreaths & lion a Year. ! 18 loaned to national governments, pro- { American investments abroad .have reached the fabulous total of $15500,- 000,000. They are increasing at the rate of from $1.000,000,000 to $1,500,000,000 a year. The amount of American capi- tal loaned to foreign governments and private enterprises in 1928 broke all Tecords, with a grand total of $2,096,- 041,810. The extraordinary figures of these overseas operations have just been made public by the Foreign Policy Association in an analysis by Dr. Max ‘Winkler, New York banker and interna- tional financier. He shows that Uncle Sam has become the world’s banker and creditor on a scale unsurpassed in all | history. Yankee dollars are rolling all over both hemispheres. Europe last year absorbed the lion's share of them.” In Europe by far the largest borrower of American capital was Germany, which was loaned $422,442,750 out of a total for all Europe of $1,147,304.350. In South America in 1928, $577,618,060 was invested; in Canada, $359.450,000; | in Central America, $57487,300; in! Japan. China -and Australia, $167,.- 345,000, and in:yarious other parts of the world, $72,470,000. Most Invested in Securities. About three-quarters of the funds sent abroad from the United States are being invested in the securities of in- dustrial corporations, banks or public utilities. Nearly all of the remainder vincial states and municipalities. A considerable sum- ($69,370,000) was put at the disposal of investment trusts, which are becoming features of the foreign capitalistic world to the same extent as in the United States.-. - - Dr. Winkler points out that our for- eign lending is not so alarmingly Jarge as some people are inclined to. believe. “Our annual lendings abroad,”, he says, “aggregating less than $17 per capita, compae with an estimated per capita wealth of the United States of $3,200; with an estimated annual in- come of $750 per capita; with annual per capita savings of $167; with our Yyearly commerce of $100 per capita, and with annual revenue of the United States Government of about $33 per capita.” 4 The confidence of American investors in the economic recovery of Germany is exemplified by the fact that 36 per cent of the sgwmr cent, which total: European borre gs in 1928 represent in the aggregate export of our capital last year, went into the Fatherland. Of the $422442,750 German investment, $361,192,750 is ‘accounted for by the loans to corporations, as distinguished from governmental borrowers. The big- gest individual German-American trans- action was the investiment by General Motors of $21,420,000 in the shares of the Opel Automobile Co., largest German motor works. The North Ger- man Lloyd Steamship Co. borrowed $12,075,000 here on its shares. Power Firms Borrow in U. S. Another famous German industrial concern, the Gelsenkirchen M Co., was accommodated in the United States to the extent of & $15,000,000 bond is- sue. The corporation, which conducts the celebrated * annual Leipzig Trade Fair, floated $2,000,000 of bonds in the American -market. - Numerous German T companies -borrowed money here sums up to-as high as.$20,000,000 in one case. Even the “German Roman Catholic Welfare”- organization sold in the United S . & 7' per cent bond issue of $3,000,000. The state of Bavaria and the cities of Berlin, Cologne and Frankfort-on-Main were helped out to the extent of '$61,250,000. Dr. Winkler's analysis, which is en- titled “The Dollar Ab; rnled or_followed by commercial -al- iances. Upon ,careful analysis it will be discovered that financial and com- mercial interdépendence has done far more for the.maintenance of peace among nations than agreement or al- liance, treaty or truce.” F. W. W. (Copyright, 1920.) e Six different types of rubber road- ‘way are undergoing tests in London at the present time. Some blocks at St. f:_;;cru Station were laid down in Chief of Breakfast Dishes ‘The inauguration of Golden Crown and hot eakes to the supreme posi- tion on America’s break- fast tables took place many years ago-in the his- toric old South. Once you have tried this supremely satisfying and tempting dish you'll inaugurate a life-long breakfast custom, for the Southern flavor of lden Crown brings out the full tastiness of Lot cakes, puts a brand new deliciousness into them. Your Grocer Has Golden Crown Steuart, Son uu:-‘-sv'.' e, FREE! Bookies telling Bew $0 make “Te Things Wita Gelden Crows.” Write for ol;ien fown ‘TABLE SYRUP True Southern Flavor period, the first human ‘being a contemporary of dragons and sea serpents. Men, are far less related to monkeys than is generally as- sumed, he said, being much more primitive than' the latter. Ferrets as Electric Linemen. In the early days of commercial elec- tricity laying cables was not easy till they could'be carried through pipes on a sort of clectric trolley. One engineer hit on a bright idea for avoiding the work of pushing rods through the pipes. From the country he got some ferrets and gave them collars. Fastening a cable to the collar, he put a ferret in at one of a pipe and at the other en- ticed it with a plece of meat. See vehicles in popular prices. Terms as low as week. | ated where only one had been before. Now there is a polling place on their | own little island, | Not content with this they built a | community hall and are_at work-trying | to obtain a separate township for the several islands which make up the | | widely known “St. Clair flats,” a year- | round residence resor! | In the Spring of 1927 when it came time to vote the women found them- | selves facing a sea of ice. Out of the 187 voters on the island eight essayed | the Eliza act, leaping from cake to| cake of ice. Not one woman was, able | to complete the trip. ! “Next day the study club met. A com- mittee was appointed to confer with the attorney general and the Michigan League of Woman Voters to see what | could be done about obtaining a vot- | ing precinct for the island. Petitions were circulated, the township board | was advised of their desires and even- | 1929 Baby Vehicles the newest and smartest of baby our most complete -lhsx‘e) at c a -Strollers ¢ Carriage “This $139 Less $30 for figured damask.on reverse cushions. Mahogany finisl top. A special value! Easy Terms! Settee, . armchair .and wing chg;ir covered. in imitation mohair with $ (No Hood) Special 8 |s15: Combintaion Mohair Living Room Suite Your Old Suite A WEEK Pays for a WILLIAMS TIRE The Tire With a 15 Months’ Guarantee side of % hed - rail Summit Tires 30x3%2 (Clincher) $5 95 Summit Tire ...... e e $10.95 RiitsTge . 29x4.40 made to obtain loans on the grain'to the extent of 70 per cent of current market value. LU vittquickly devel ance is lowered by cold. Don't take & chance. Tonightrub your chest well with the original pure white GOWANS, which willpenetrateand relieve congestion. Rub the Ieadersof your neck. Put a littie u) our nose. Take lazative and go tobed. he fumes from the healing oils in GOWANS will open and soothe the head, relieve the make breathing easier. GOWANS has been famous for conquer. ing colds for 35 years. Ask your dru ggist Rub on S St GOWANS if your resist. B Suitoantl) I} R N ) 1 A iy | Sprays Beautiful Floral Tributes 5 . 1407 H Street Main 3707 | The suites turned in for allowance on new suites are immediate- ly disposed of at auc- tion — they are not placed on our floors or in our warehouse. Il With Muin Spring Arch This Main Spring Arch is flexible’and light weight, supporting scientifically the bones of the foot and absorb- | ing the shocks. \ 1 \ b The Wales prevents tired feet. English | last—in black and tan—non-slip heel—custom grade shoe. | ‘10 Wolf&?flaé’(c_;,@{er Shop 929 F Street Electric Sweepers &y $0.75 Well known makes, fully guaranteed. These are factory reconditioned sweepers and good as new. 50c a Week Close-Out Doll Carts Fifty doll carts with rubber tired wheels. '~ On sale Saturday in & special close-out. Liberty Coaster A rubber tired wood body wagon. Si ;‘ e 12 28 The Hub Offers This Especially Attractive 4-Piece Bedroom Suite—A $142.50 Value This artistic suite is of walnut veneer on gumwood with maple top drawers. As sketched, a dresser, chest of drawers, French vanity and wood bed. A splendid example of the outstand- ing values in bedchamber. suites. 112 $5.00 Allowance for Your Old $11.95 Coil Spring Less $5:00 for 95 . your old spring. This $189 Bed-Davenport Priced at $169—Less $30 for Your Old Suite Upholstered and covered in Jacquard Velour, fin- ished with mahogany-finished rail top and loose revers- $ As sketched, a bed-davenport, arm- H The ideal suite for the com- ible cushions. chair and wing chair. bination llving-bedroom. 18 Months to Pay \?’jndsMetal ‘Bed for ;:ursst;ld 510.75 bed .. . = e A T T oy et 7 by $1.49 $179.75 Dining Suite—Special, $159.75—Less $30 for $15.75 Layer-Felt Mattress 102 o N thi Less $5.00 for your old' mat. tress. Special.. » Suite is Specially s special group. Old Suite This unusually smart looking suite consists of a buffet, server, china cabi- net, extension table and six leather seat chairs. Carvings and panel decorations add toythe beauty and desirability of '129 10-Piece Phonograph Outfit, Including Pair of Torcheres The phonograph sketched is of the con- sole type, finished in mahogany. cluded in this outfit are an end table, six records and Two Metal Floor Torcheres. Ten pieces as illustrated for $1.00 a Week In- 43