Evening Star Newspaper, April 23, 1929, Page 5

e i L N Yt B ey S NEW SHORT-TERM 1. NOTE IS RGED Measure Designed to Make Government Financing Oper- ations More Flexible. By the AsstCiated Press. Identical bills designed to make more ficxible the Government’s short-term financing operations were presented to the Senate and House yesterday with a request that the legislation be enacted at the special session. The measure, proposed by Chairman Smoot of the Senate finance committee, and Chairman Hawley of the House ways and means committee, would au- thorize the issuance by the Treasury of & new form of short-term security to known as Treasury bills. These would be issued principaily with maturities of 30, 60 and 90 days, and in no ‘case of more than one year, and offered for competitive bidding on a discount basis rather than with interest coupons. Debt Certificates Retained. Indorsed by the: Treasury, the meas- ure would permit issuance of the new |. bills in addition to certificates of in- debtedness which bear interest coupons, and redemption of these bills before ma- turity -under such terms and conditions as the Secretary may prescrbie. In statements explaining the purpose of the measure, Chairmen Smoot and Hawley expressed the opinion that such short-term financing would be more economical, that competitive bidding would result in the lowest possible in- terest rates and that the Government, under the plan, would be able to take advantage of scasonal periods of low money rates. “The sale of Treasury bills,” they said, “can be made to coincide more ex- actly with the Government’s need for funds, and also will afford the investing public a desirable investment for short- term purposes. Allows Greater Latitude. Secretary Mellon said the Treasury | fntended to use the legislation where it was to the advantage of the Govern- ment to do so. It would allow the Treasury a greater latitude in its financ- ing, he said, and in effect invite bids for the money needed from which the Treasury could select the most advan- tageous offer. Under the new plan, he continued, the Treasury would not have to set fixed period_for short-term loans and could take advantage of market conditions in making its offers. The old plan, the Secretary added, probably would con- tinue to be used in floating large long- term security issues. Representative Garner of Texas, rank- ing Democrat on the House ways and means committee, declared the proposed issuance of Treasury bills “seems to be feasible and may be desirable.” HIGH SCHOBL STUDENT HURT IN AUTO ACCIDENT Skidding Car Near Luray Causes Injuries to 17-Year-Old Son of Robert Short. Special Dispatch to The Star. LURAY, Va., April 23—Alvin Short, 17-year-old high school student and on of Robert Short of Leaksville, about 5 miles southwest of Luray, had his leg | broken, skull fractured and suffered severe bruises of the stomach in an au- tomobile accident on the Lee Highway, 2 miles west of Luray, yesterday after- noon. ‘The car, driven by Floyd Hite, young son of Hubert Hite, was reported to have been traveling at a rapid rate of speed when it skidded on a curve, upset and rerighted itself almost a total wreck. The driver escaped with only minor bruises. Young Short was hur- ried to the Rockingham Memorial Hos- pital at Harrisonburg, where he is in & critical condition. RITES FOR MOTORMAN. Julian Ford Buried in Fairfax Cem- etery Today. Bpecial Dispatch to The Star. FAIRFAX, Va, April 23.—Julian Ford, for the past 20 years a motorman on the Arlington-Fairfax Railway be- tween Washington and Fairfax, was buried this afternoon in the Fairfax Cemetery under the auspices of Acacla Lodge, No. 16, F. A. A. M,, of Clifton. Mr. Ford died in Emergency Hospital, ‘Washington, on Saturday afternoon. He is survived by his widow, formerly Miss Schwartz of Fairfax, and three children. Mr. and Mrs. Ford made their home at Ballston. Maryland Coal Land Leased. LONACONING, Md., April 23 (Spe- elal) —A. K. Althouse of Philadelphia, treasurer of the Big Vein Coal Co. of Lonaconing, has leased the property of the Potomac Coal Co. at Barton, con- sisting of about 1,000 acres with a large deposit of big-vein coal. As soon as the property is cleaned up and put in con- dition operations will be started. : ) Your firm and its business enjoy added prestige through \BI‘CWOOC[ Engraved Business Stationery It inspires the confidence ofthe recipient at a cost increase of only a few cents a hundred Letters. Samples and prices on request. ‘BRE®@®D [Engravers and Printers 611 Twelfth Street $4.00 Wilkes-Barre Pittston and Scranton Coal Regions " and return B 4:00'P.M. Pilts! Pennsylvania -Railroa wed Betsy Cushing of Brookline, Mass,, where he is a junior. £ THE EVENING STAR, WASHINGTON. D. €. TUESDAY, APRIT 23, 1920, In Balloon Race James Roosevelt, son of Gov. Franklin D, Roosevelt of New York, will following his graduation from Harvard, TEXTILE WORKER STRIKE IN TENNESSEE UNBROKEN Employers See No Hope of Break Except by Aid of Non- Union Group. By the Associated Press. ELIZABETHTON, Tenn., April 23.— Officials of the American Bemberg Ray- on plants today based their hope for the return to work of 5,000 striking em- ployes on the “Royal Workers of Bem- berg,” a group opposed to the textile union. Dr. S. C. Rhea of the Bemberg chemi- cal department said late yesterday the management of the mill would meet with the group as it had grown to suffi- cient size. The American Glantzstoft Co., under the same management, ex- pected a similar organization to be formed among its workers. ‘The management of the two mills has refused to confer with union representa- tives, and Thomas F. McMahon, presi- dent of the United Textile Workers of America, left Elizabethton yesterday after: expressing doubt that the strike could be settled any time soon. Air mail service between Cristobal. Panama, and Costa Rica was recently inaugurated. G R O S 1325-7%- corvmicut FUrrENREINIR WIDOW HELD. IN DEATH OF HER SLAIN HUSBAND‘ | Roomer in House Also Detained in Alabama Case—Colored Sus- pects Released. By the Asgoclated Press. BIRMINGHAM, Ala,, April 23.—Mrs, Margaret Fay Wharton, widow of Bev- erly Wharton, who was clubbed to death in his home here last week, was placed in the county jail last night by order of Coroner J. D. Russum. A. R. Hall, a roomer in the house occupied by the Whartons, also was held in jail in connection with the in- vestigation. Several men arrested last week have been released. The arrest of Mrs. Wharton followed a conference between the coroner and investigating officers. Basis for her ar- rest was not revealed. Wharton was found fatally wounded in his Northside home last Monday morning. Police say they believe his wounds were caused apparently by the blunt side of an ax. Mrs. Wharton told police Wharton also attacked her. N E RS BT REE T FAMOUS FIFTIES by Kuppenhel'mer Always famous for its extra-wear worsted in the higher price ranges, now Kuppenheimer has developed a mew ome~the fifty dollar class. champion of the It offers the tailor« ing qualities and the wear resistance that have always lpe“ell more ‘money. Yet it’s only ‘50 Other suits $277%5 10 §90 GROSNERS : “1325.F «. STREET o A KUPPENHEIMER was wounded “by a burly negro,” who | PARKING CHANGES WILL BE SOUGHT Lamb Tells Citizens That Cars Before Apartment Houses Hamper Firemen. An effort will be made to create re- strictive parking areas in front of Ipnrt- ment houses exceeding three stories, Lieut. Benjamin H. Lamb of the Traffic | Bureau told the Midcity Citizens' Asso- | ciation members last night at the ‘Thomson School. ‘The action will be taken as the result of the difficulty experienced by fire companies in maneuvering apparatus and extension ladders around parked automobiles in front of burning apart- ment dwellings, he sald, adding that in one instance cars were parked 50 close together that it was impossible for firemen to go between them with hose. In a recent conference with Chief Engineer of the Iire Department George Watson and Inspector A, W. Brown of the Traffic Bureau, in which traffic probléms were discussed, Chief Watson said that it was his opinion that had the blaze in the two recent apartment house fires, the Victoria and Gladstone, originated in the lower floors instead of in the upper, more casualties prob- ably would have resulted in view of the handicap firemen were forced to labor under. A resolution introduced by William E. Richardson was adopted in favor of the association continuing its fight against an appropriation for the new farmer's market at the Southwest ‘Washington site. The assoclation is in favor of the Convention Hall site. A recommendation was made by A. J. Driscoll, president of the association, that an investigation be made into the large number of traffic fatalities since 1926 in comparison with the small num- ber of convictions. Mr. Driscoll read from a chart, submitted by Supt. of Police Pratt, that 201 deaths have re- sulted from automobile accidents since 1926 and only two convictions have been made.* While agreeing that in the ma- Jjority of the cases the pedestrian prob- ably .was at fault, Mr. Driscoll belleves that the percentage of convictions is too small. Street noises of London, claimed by medical experts to be injurious to health, are being studied with elaborate record- | ing instruments by sclentists with a view to their control. W. A. KLICKOFF Will pilot the Detroit Flying Club entry in the national climination balloon race. HELD ON FRAUD CHARGE. Special Dispatch to The Star. BALTIMORE, April 23.—Helen' Ab- bott, alias Helen Landis, of Leonard- town, St. Mary's County, is being held here under $500 bail on charges of try- ing to obtain money by false pretense. The girl, who is 18 ycars old, has been staying at an uptown hotel. It was testified that she tried to pass two worthless checks at two stores. under parole from a Washington court. She is a nurse, she said. e Calls Fairfax Democrats. FAIRFAX, Va., April 23 (Special).— Judge J. M. Love, chairman of the Fair- fax County Democratic committee, has called a meeting of the members of the committee, consisting of one delcgate from each voting precinct in the coun- ty, for Thursday morning at 10 o'clock, in the Courthouse. |LawnFencing NEW-—at low prices always! 3 BRANCHES I Aect 674 C Sta SW. . S”&FlaAveNE 5621 Ga Ave KW, TRADE MARK REG. US. PAT. OFF. ‘Street and Housewear CONSTANT COMFORT AND PROPHY- LACTIC SHOES FOR WOMEN, in One-Strap and Two-. ";Ji;"p styles one-strap, shoe styles. two-strap, oxford and high Of genuine kid leather—some in patent. Medium and low heels, 4 Sizes 21, to 10—AA to EEE OYCE & LEWI Priced at $3 to $6.50 MR. J. T. NORRIS ) CusToM FITTING SHOE High or Low y Juliet $3.! 439-7°St.NW. MR. H. O. BRUBAKER Just Below E Are identified with us ‘Write for Catalog—Mail Orders Promptly Filled RERERRRRER e Aoy Meet Sammy Cohen of “What Price Glory” Fame iz v S R Did You See boy who made you lau, ] Tune in‘on Station WMAL Today at 6:30 PM. AR A ‘%% —And Maxine Hamilton the Photoplay “What Price Glory”? Then you remember Sammy Cohen, the gh until you cried. He’s here in person at our main store, 1212 I¥ Street Northwest, Wednesday morning from 11:30 to 12. Sammy will be accompanied by Miss Maxine Hamilton, both of whom are appear- ing in a “Say It With Flowers” act this week at Loew’s Palace Theater Bring along your autograph album hecause Sammy may be in a mood to give you his auto- graph if you ask him: ‘Always “Say It With Gude's Flowers”—There Is No Better Way! , GUDE BROS. CO. FLORISTS Four Stores for Your Convenience - 1212 F St. N.W. Main 4278 3103 14th St. N.W. Col. 3103 Members of Flori: 1102 Conn. Ave. Decatur 3146 5016 Conn. Ave. Coly. 1226 Telegraph Delipery dssociation She is said to have admitted she is, [ BOY EXPLOSION VICTIM, Dies From Operation After He Lights Dynamite Cap. Special Dispatch to The Star. ‘WESTERNPORT, Md., April 23.— Stanley Whittaker Funkhouser, 11 years old, son of Walter Funkhouser of Luke, died at Hoffman Hospital, Keyser, yes- terday, the victim of an explosion of a dynamite cap found on the street while ihe boy was plnyli;n: with com lons. ‘When he appl a match the explo- sion blew two fingers and a thumb off his right hand and cut his face with gravel. The boy did not rally from the anesthetic following an operation. th]rll;h cause was given as cardiac em- olism. g | FINANCE COMPANY HEAD KILLS SELF TO SAVE FIRM By the Assoclated Press LOS ANGELES, April 23.—A letter left by Joseph W. Walt, automobile finance company president, who was found shot to death in his home at Flint Ridge, Calif, Saturday night, indicated yesterday that the man had committed suicide so that his $500,000 | life insurance might be used to protect his company and business associates. Coroner Frank Nance in revealing that Walt had penned the letter to his family before he died said the case was plainly one of suicide and that no inquest would be held. C. J. Rietter, executive vice president of the finance company, admitted that {the firm had some difficulty with a department of the Federal Government, but said “there was no reason for Mr. Walt taking such a drastic step.” ‘Walt was killed by a shotgun charge, The weapon was found beside his body. , For Impaired Vision —cousut an Eye Physician A thorough examina- tion by an eye physician is urged.upon the first indication of defective EDMONDS === O PTICIAN— 918 Fifteenth Street Established 1899 I 50,000 SQUARE YARDS of Wide Seamless CARPETS HIS great grouping of Broadloom Carpets, found on our second floor, includes many weaves anda wide range of widths in solid colors. A list of our ex- tensivestock of wideseamless carpetingsis shown below. These are not merely representations of manufact- urers’ samples' they are actual merchandise which we bave in our own warebhouses and which can be delivered promptly. 2,500 sq. yds. Saxony Plain (12 colors) in 9 and 12’ widths, per sq. yd. - 11,000 sq. yds. Lascony Carpets (25 colors) in 9, 10%-6", 12/, 13’-6", 15’ and 18’ widths, per sq. yd. . 12,000 sq. yds. Ferndown (10 colors) in 9/, 10"-6", 12’ and 15/ widths, per sq. yd. « & < 8,500 sq. yds. Claridge Carpet (21 colors) in 9’ 12 widths, persq. yd. o o 3 @ = < & o F o 5,000 sq. yds. Riviera (14 colors) in 9, 10-6”,12, 13" 6", 15’ and 18’ widths, persq. yd. . « + o < . 2,000 sq. yds. Kerrimere (12 colors) in 9/, 10%-6"; 12/, 13-6” and 15" widths, persq.yd. . . . o . & 2,000 sq. yds. Saxony Tufted (8 colors) in 9’ and 12 widths, per sq. yd. Store open from 9 a. m. to 5:30 p. m. Daily Including Saturday Charge Accounts Conveniently Arranged S—op $G50 7150 8.00 10.00 11:50 12.50 1 3.50 Lo & and CRENT el s T iR M R N o imi oe el R B e They may either be used to caver_the floors from wall to wall or be made into plain seamless rugs. « A SPECIAL OFFERING 7,000 square yards of a well-known seamless, heavy pile carpet in 9/, 12’ and 15’ widths. Regularly priced at $7.00 per square yard is MADE IN 16 DIFFERENT COLORS A o' x 12" seamless, completely bound rug of this carpet costs $70.00 «The House with the Green Shutters ” 709-711-713 TWELFTH STREET; N. W. WASHINGTON, D.C. Sloane Endorsed Merchandise Carries an Assurance of Satisfaction i