Evening Star Newspaper, June 18, 1929, Page 5

THE EVENING STAR, WASHI NGTON. D. C, TUESDAY, JUNE 18, 1929. - VOTE STREET WORK AT TAKOMA PARK New Surfacing and Sidewalk Ordered by Council—Fire- | works Are Banned. @pecial Dispatch to TAKOMA PAR! mayor and Town resurface Park avenue 650 fe It also was announced at the coun- | 5 premium of 53 sidewalk would be Lt avenue if pra ¢il meeting tha constructed e work Brown only that portion Star. qd.. June 18.—The | Council meeting last night voted to authorize the construction of new sidew: Philadelphia and Elm avenues and to VI—Gallatin and the War of 1812, BY FREDERIC J. HASKIN. | The policies of Alexander Hamilton as Secretary of the Treasury had proved s0 sound that when in 1798 the Gov- ernment deemed it wise to borrow $5,000,000 in preparation for the threat- ened war with France, it was possible | to place the securities ‘at par. A year later another loan of $1,500,000 brought per cent. This meant that the Treasury of the United States enjoyed sound credit. Although the sums small in comparis in special ks on for a distance of already had been | involved were struction of a X ful planning and more careful adminis. | tration. For example, an increase in the ky tax resulted in the Whisky Re- 3 affairs were in- volved. paying tribute to the Barbary ate: tes, a practice to which we eventuaily put a stop by fight- tes War. In this was be- 3 men-o'-war_were ructed. That navy cost much les: iiction in | than is now expended on prohibition en- | town located in | forcement in one year. Cut Debt to $24,880,000. ext inary exp Jefferson’s Secret in 1807 nses, Treasury, blic debt reduced to only ly $5 per capita immigran acked | e, but was | m~ and a careful stew- | ed to the Sen- | t was refused d been m lll’v (‘,un nstitu- | tional nine v d | During this period Jefferson learned that Spain had receded the Louisiana Territory to France. Napo- leon held sway and, because of his vast ambitions, Jefferson did not | s0 " several 'HAMILTON'S POLICIES HELD AID IN FINANCING LATER CRISES 5t et denva s'3osboo0. 7 | Left Nation in Such Condition Albert Gal- latin R.cported Public Debt Reduced to Only $24.880, 000 in 1807 | more to explore than the territory was worth. The price was $11,250,000 and 6 per | cent bonds in that amount were It did not prove necessal thorized. to sell these in the they were turned over in a bundle to | | Napoleon. ‘The trouble | France and England More than ten million | worth of American ships and | growing worse. dollars’ cargo had been seized by France by England. other considerations, land of 1812. War Brings Set-Back. It was well that Gallatin had the Treasury into so favorable sition, because evil times fell. of 1812 was extremely New York and New necticut, it will be remembered. w to secede from the Union other Stat followed. Contr ence, Government wa dersubscribed. Bonds bearing 6 pel of a par value of $100, | for $80 cash, undersubscribed and both | Congress were opposed to increased tax- ation to bear the cost Government resorted to the Treasury circulating notes, b per cent interest and per_cent bonds. some in denominatio; An interestirg incid: ing is that a special was authorized for the rebuilding of | Mexican War. the Capitol and the White House, both over. Neverthele: that war was declared- Even such offerings were From 1815 $32,457,000 of these were | of which had been burned by the| | British. | So heavy had been the expenses of peak of the American public | | Gebt: for the-entire pertod of the History [of the republic from its foundation | until the Civil War. And it amounted to only about $20 per capita. The war | had been won and the restrictions on | our commerce at sea were removed. Commerce revived so enthusiastically that customs revenues poured into the | Treasury exceeding all expectations. | Federal revenues leaped from $11,500,- | 000 in 1814 to $49.892,000 in 1815. This began a period of 20 years in every cne of which receipts greatly exceeded ex- | penditures. Each year the Treasury | | surplus was devated to the retirement of public debt. au- v | Treasury Funds Given to States. domestic markat: | pyplic finances continued to flourish amazingly, in spite of large expendi- with | tures. Spain was paid $5,000,000 for eadily | Florida, $7,000,000 of the stock of the freshly reorganized Bank of the United Timber | States was purchased, the frontier was eized | fortified and the naval establishment 3 se of | maintained. Still the surplus piled up. | it \was upon ENE- | and still debt retirement continued. The | situation became such that in 1831 Sec- retary McLane, in his annual report, | found it necessary to make all manner | of suggestions for using up the Treas- | | ury funds. Most of the suggestions re- | laed to increased pay of naval officers | nd civil servants. Sales of public lands | had begun and a tremendous annus revenue resulted from theses operatic | shipping had been s the pot a po- The War unpopular in Con- nted Had it u\n . England. to 20 per cent. It the clipper-ship | era, and trade continued so brisk that, even under the reduced rates, revenues soon climbed up again to where they d been before. At length, its purse h too heavy to support, Congress | authorized the Treasury to’ distribute | its surplus among the States in four | v installments. ‘Three install- the fourth never, be- business depression com- eversed the situation and the Treasury faced a deficit | There had been a sharp controversy through | between President Jackson and the Bank | ued, | of the United States. Congress refused low as to renew the s charter. Large | nt of the financ- | quantities of ints bearing circulating loan of $225.000 | notes had to be issued. Then came the It cost $63,605,000, of | which 23 per cent was met from cur-' ? Joans were un- had to be of the w convertibl 1812 | Lutheran Body Will Not Con- | debt “retirement began on a large scale, | continued in force as the principal gov- SYNOD PROTESTS CHURCH IN POLITICS sider Resolution Bearing on National Policies. By the Associated Press. RIVER FOREST, I, June 18. Strongly opposed to the intrusion of the | church into politics, officers of the Mis- | souri Synod of the Evangelical Lutheran Church have announced there would be no resolutions “urging the United States to join the League of Nations or get out of Nicaragua” passed at the 10-day biennial church conference opening | here tomorrow. “The platform of the Missouri Synod,” the church_ officers announced, ‘“con- ceives its only purpose to be the preach- | ing of the gospel. It maintains no| lobby in Washington. It advocates neither prohibition nor saloons. Synod Attitude Outlined. “Individual members may feel very strongly on some of these points. They will not make their church a vehicle for driving these convictions somewhere. The efficient conduct and expan- sion of missionary undertakings and the strengthening of the synodical educa- rent revenues and the remainder from borrowings The fssue of the war was a happy | - one and times grew better. Once more more than $45000,000 being redeemed between 1853 and 1856. The faflure of the Bank of the United States to ob- tain a renewal of its charter resulted in the establishment of the independ- ent treasury system, a system which ernor of the credit and monetary Sy tem of the country until the adoption of the Federal reserve act in 1913, Tomorrow—Financing Wars. the Sanitary ared to begin im- wers on and Ta- thorized the com- military pro- 2 op- ag e of folly. No one VW \'\l the territory was or how - it extended. It appeared to the av- @ Prnpbmic™ yloania ! Itlanll system will be the chief topic for | discussion at the conference.” More than 1,000 delegates will repre- sem 1 100,000 members in Illinots, Wis- | Missor Chio, Indiana nnd\ neighbormg smms at the conference. The church officers said the conven- | tion would be no battle ground for| fundamentalists and liberals, pointing | out that the Missourl Synod recognizes | the “marvelous advances raade by the sciences” in the four centuries since | Luther, but finds “no contradictions be- | tween the results of honest scientific | research and the revelation of God in the Bible.” SOVIET TO MAINTAIN PRICE OF BREAD UNTIL 1930 | Measure Is Taken to Assure Stable Supply Untl End of Year, Through Harvest. By the Associated Press. MOSCOW, June 18.—The Council of | Peoples” Commissars of the Soviet Union | today instructed the trade commissariat to maintain existing bread prices dur- ing the harvest season of 1929 and 1930, The council decided also to maintain the present bread-book distribution sys- | Tevestia, official organ of the central | executive ‘committee, today sal measures have been taken to assure the | present rate of bread supply will remain | unaltered until the end of v “The situation as regards meat also | is strained, but no keen shortage is ex- | pected. The normally developing but- ter and egg market foreshadow mal supply of those commodities “Fish are fairly plentiful. The po- tato market is bad and the problem of supplying the working centers with po- tatoes remains difficuit.” | e 5 | | “Gold Rose” From Pope to Queen. ROME, June 18 (#).—The newspaper Tribuna learned yesterday that one of the famous gold roses which are the | traditional giit of the Pope to the con- sorts of Catholic sovereigns is being | prepared for presentation to the Queen ot Italy in the Autumn. Is will be the second that Pope Pius XI has bestowed, The first was given to the Queen of Spain. | MOHAIR SUITS $18 Open a charge account EISEMAN'S, 7th & F N For Impaired Vision —Consult an EN'C Ph)‘Si(.‘i(lll Start early in life to con- serve your eyesight to en- joy its pleaures in later years. WE 00 NOT *PRESCRIRE* GLASSES WE MAKE THEM EDMONDS - O PTI C IAN=— 918 Pifteenth Strewt WASHINGTON Established 1899 Satuma 23 inches Efi&fi!fifl'i&fiflifli‘”&fi&fi&fi!i&fifi&fikfibfi&fi&fifli&fifim Design to match age man that a large sum was being High paid for the single town of New Orleans and a wilderness which it would cost d light to pr to be effective T ;m. nce day celebra- committee to fact " Avenue at v Seventh pare specia during the tion and ir erect signs c: that the spe an hour that the law w LIONS OPEN FOUR-DAY | SESSION AT LOUISVILLE Thirteenth Annual Convention of The SLenery Moves in Yellowstone Strange were the tales of Yellowstone told by explorers in the early days. How could any color 2ight heme or : s Fixture decoration. High-Grade Japanese Pottery IMPORTED The Shape _ Each lamp is_fitted with a hand-painted ® parchment shade to match and Color will fit in decoration on base of lamp. International Association Has Busy Program. LOUISVILLE, Ky., June 18.—A meet- ing this morning of district governors opened the four-day session here of the thirteenth annual convention of Inter- | national Association of Lions Club which is expected to be attended by 5,000 members of the tawny herd. The program for the opening dav‘ called for rapid-fire transaction of busi- | ness after the addresses of welcome and hearing of the report of Ben A. Ruffin, | Richmond, Va., international president, | at the afternoon session. A reception, | a_ parade, presentation of a pageant, “Holiday ‘on the Old Plantation,” by | Kentucky and Tennessee clubs, and a ball were social and entertainment fea- | tures for today and tonight. | Many Lions are arriving here on spe- | cial cars, some of which were not due | until tonight. California, New York, l | | | | llD with all dec- orative in- teriors. Old Fllthlul Canyor stone clrved bow colors! A Yellow- stone Park Tour is the vacation of a lifetimel Nowhere will vacation dollln buy mnle 45¢ Down—>50c¢ a Week WE SOLICIT OUT-OF-TOWN ACCOUNTS MARX Jewelry Co. 701 7th Street N.W. OPEN EVERY SATURDAY EVENI | Yellowstone Park Trip Conet’ Oty e o Washington, all ex- penses from Chicago. We'l glady “ym.u entire trip and ar. range every detail for you if you wis] 296 for free booklets and full infor mlllm‘l‘ B. M. Decker, General Agent ielity-Philadelphia ‘rust Bldg. Philadelphia, Pa. o NORTHERN PACIFIC RY | mmmmmmmmmmflafimmmfimm55555‘5555555&9 2 New Jersey, Illinols, Texas and Okla- | homa were' among the States l:\rzely‘ Tepresented. Practically all of the past intcrna-| tonal presidents were In attendance. | bubbling as if there were a wve underneath | and wunl)‘ ers if you take a Northern : ‘The black be.n are fi W re A 50 ou're Away o gently shampooed—cleaning the $6.75 Porch Hissing caverns| Mud Paciic Tov. to Yellowstone this summer | like pet dogs and be' for candy. —is a most convenient time to (COAT AND TROUSERS) surface and also the base all the ROCKERS folks back home believe such taies churning about as if Hightibacks ft were bewichedl Streams of water sud- MEglevErames. et wonttansan -+ » ok pudding | — Strange tak e ot Hac. Sons Co. G A B A R D I q I I : Tlowst National Park of mountains, Dasidonn & E= sivers, lakes, waterfalls and canyons. Buffalo G ANS zoam-the valleys. Ik, moose, aniciope and et ace st home here. Beara-come atn 7 @ nh N 7 T o v Jown out of the wood 817-823 Seventh St.N WILL KEEP YOU SMARI1 You'll se sights in Yellowstone you'llnever as 'you live. Cody Road with let us_clean your floor cover- ings—domestic or Orlental Tugs. We remove every particle of dirt and grit. Then with & process way through. Successive rinsings and a thor- ough dryin follow, and you see your rug with the hap raised, in water hot enough to cook a fish-—constantly PR, Youmay acofc yoursell these strange sights own biack bears and i Homefurnishers Since 1866 , < - ~ 7 aian WHILE IT KEEPS YOU COOL! entirely our own, each rug is its original color and beauty. R R R R Rt R AR R R R R R Rttt R R R A Rt R Rt thth R R R R AR th = SAY this for the handsome Gabardine Summer Suit of Saks—it is short on weight, but long on style. It will keep vou cool, but it will also keep you smart Actor-Slayer Is Paroled SAN QUENTIN PRISON, Calif., Junc 18 (#)—Paul Kelly, screen star, serv- ing a five-year term for manslaughier, has been granted a parole by the State Board of Prison Directors, effective next month. Kelly was convicted of the slaying of Ray Raymond, actor-husband | of Dorothy Mackaye, an actress. He | has served two years. Call Mr. Pyle THE NEW SILENT KELVINATOR . « « Built to Stay Quiet 5 +...because it is tailored by craftsmen Sanitary Carpet & who are just as good at putting distinc- Rug Cleaning Co. 106 Indiana Ave. NW. I 3257 hl 3257 3291 3291 tion into thin clothes as into heavy ones. Ohio Sailor Dies. SHANGHAL June 18 (#).—Benjamin a;ulw of Elyria, Ohio, a seaman aboard es warship Pittsburgh, 1307~9~11-13 G St YOU will have your choice of hand- some Tans and Grays newest and in the very tones—and and best-looking we've regular, long, models. All richly silk trimmed. short stout IODAY we display at our showrgoms a New Silent Kelvinator, that repre- sents the combined experience and con- stant improvement of Kelvinator’s 15 years’ leadershipin electricrefrigeration. -mnnmum.mm HATS IRTIGARE Famcy-weave Palm Beach Coats and Trousers . Plain-weave Palm Trousers ...... Smart Nuro-Tes Coats and Tropsers Fine Linen Suits—Coat, Vest, Trouser: Cool Linen Coats and Trousers.. Tropical Worsted Coats and Trousers, $2. Tropical Worsted Suits—Coat, Vest, Tl oriserale Sosiss WA otk ot s ] $35.00 Saks—Third Floor $16.50 -wwuwmumnm"-uum Bishio: and ..815.00 .$18.00 ..$18.00 .$15.00 to $30 Its balanced mechanism requires very little current and its exclusive cold- keeper and heavily insulated walls insure that it keeps the coldlit makes— the new Kelvinator is the most economical ever buile. Tomorromw-Positively the Last Day of Our Best of all, the new Silent Kelvinator will stay quiet after years of service. Vibration has been eliminated in its de- sign and manufacture, and the machine cannot become noisy through wear. AND HERE’S THE RENOWNED “SAKS BLUE,” COMBINED WITH WHITE FLANNEL TROUSERS! $37.50 YHE Saks Blue 2.Trouser Suit is the foremost Blue Suit value in Washing- ton. And now—just to prove it's a Suit you, can't do without with a combination of ‘White Flannel Trousers in addition to the Blue. BEAUTIFUL DESIGN: Kelvinators are planned by artists, they are modern — reflecting the new tendencies in design. They are sturdy, strong and graceful, two-toned ' finish and some models in brilliant, cheerful colors. Built around this marvelous mechanical unit are striking modern cabinets, as beautiful as they are efficient. Kelvin- ator builds its own refrigerator cabinets —and the complete new units repre- sent unquestionably the greatest values ever offered in household refrigeration. Come in and see this splendid new domestic electric refrigerator at our display rooms. A wide range of models and sizes—many attractively finished in colors. Enjoy your Kelvinator at once. Buy it now on Kelvinator’s convenient ReDisCo monthly budget plan. No 5 Somes sy SILENT POWER: Fully automatic, vibrationless, silent. You need never give a thought to Kelvinator home refrigeration. The Kelvinator starts and stops only one-third as often as the average electric refrigerator = need to wait. therefore more economical of current. 560 T H E R B RBOIS ASBE LLE KELVINATOR Third Floor BARBER & R0SS INC., 11th & G STS. THERE ARE KELVINATOR ELECTRIC INSTALLATIONS FOR EVERY COMMERCIAL PURPOSE TWO s * 1 @ Dresses for ‘1@ TWO = * 1 5 Dressesfor ‘1§ TWO &:2:52.5 Dresses for 25 $29.95, $39.50, $49.50, $59.50—Also 2 for the Price of 1 70U that means two com- plete outfits—for every business or social hour of Summer. (Of course, both pairs blue if you wish.) Saks—Third Floor - can easily see that Ori AKE your choice of fine Blue Serge or Unfinished Worsted— and your choice of smart single-breasted or dou- ble-breasted models. No Exchanges No Refunds No Single Dresses Sold! All Sizes 14 to 20, 36 to 50 |The Friendly Shop BRESLAU’S 1307-13 G Street S —— ! oo