Evening Star Newspaper, July 11, 1929, Page 6

U1 5. FROM BANK Official American Representa- tion in International Finan- cial House Discussed. The answer to whether the United States shall be represented in a formally official sense on the new Bank for In- tornational Settlements, comes do to ~ae sentence, “The Senate won't Jet us.” ‘1t gz answer has been the expla- ~spon of many oi our refusals and ne- gations in the field of intenztional re- lations during the past 10 years. ! In the present case, the Senate would have no direct authority. Appointment of an American representative on the board of the bank, even if it were made or suggested by the President, would not need to be confirmed by the Senate. The Senate, however, by a series of actions since the Paris Peace Conference, has created*a policy. That policy is that the United States shall not participate in the collection of reparations from Germany. It may be good policy or bad policy. Many thoughtful persons think the policy is most unfortunate, because, no matter how vehemently the Senate de- nies it, the fact remains that the United States has an intimate connection with the collection of reparations. Whether the policy be good or bad, it is a policy. Since it is a firmly held Senate policy, it must be respected. Everybody knows the Senate is meticulous about it. If a step were taken of a nature contrary to that policy, the Senate would most crr- tainly take notice, and take notice in | a serfously hostile way. The conse quence is that the step cannot be taken, the United States, we might fine quent occasion to wish sented. 'Will Be Represented. In fact, however, this situation will not arise, because we stwll be repre-i sented Even though our relfrmm- atives be unofficial, they will, If wisely chosen, be no less effective at once in Elmuecun[ our interests and in further- g the interests of the whole world. The potential importance of the new bank is suggested by a belief that is held in some high business quarters. This bellef looks upon the mere an- nouncement about the new bank as partly the cause of the new momentum toward prosperity that has just become obvious in America. Just as the creation of our own Federal Reserve System immensely increased the quan- tity of our own available credit, so will | the new bank work the same kind ofl effect throughout the world. Of course, it is not the new bank e that brings this result. It is the new bank taken in connection with the reparations settlement, of which it is a part. These two asasociated events are believed by persons who have I thoughtful students. of reparations from the beginnirg to be of enormous im- portance. They think that when the reparations settlement is confirmed and accepted there will result throughou®| the world such a state of confidence as will give rise to immense world-wide business activity and prosperity. Of course, this result is still in the poten- tial stage. It can bzcome actual only in case the new bank is managed weil by men of adequate experience and wisdom and only after the reparations settlement is accepted by the public| opinion of the world as just and practi- cable. M. S. we were repre- A Natural Chemical Reservoir. The Dead Sea is said to be a natural eservoir of chemical wealth and two en are at this time dickering with i e By the Associated Press. - \ CHICAGO, July 11.—In the matter J‘P“'. s'i'““ of xal!m Pact| ;¢ pathing sutts, the public was told by Criticized for Wording of Anti-War T ty. science be its guide. bathing suit ordinance, enastsd o the exacting atmosphere of the discreet ante-bellum days, which forbade bath- ers to wear, as one exaggerating wag put it, anything less than an overcoat, ear muffs, wool socks and hip boots. Alderman Rowan explained that styles had been so modified that “en- forcement of the old- ordinance would be contrary to social customs.” By the Associated Press. TOKIO, July 11.—The Emperor has accepted the resignation of Count Yasyua Uchida from the privy council. The count, who signed the Kellogg anti- war pact for Japan at the Paris cere- mony, had been criticized in the council in connec- tion with the word- ing of the pact. The former Jap- anese opposition, now the Govern- ment party, or Minseito, objected to the phrae “in the names of their respective: peoples,” which they claimed violated the prerogatives of the Em- peror. He tendered his resignation June 26, preceding the fall of the govern- ment of Premier Baron Tanaka. Count Uchida. ROSES MAURICE PHINNEY WEDS. | GLADIOLAS 10c Each— 100 for $10.00 Ex-Harvard Star Athlete Marries| Georgia Heiress. ; | MIDDLETOWN, Conn., July 11 (#)— | Maurice Phinney, wartime Harvard star | athlete d Mrs. Jennie Johnson At-| kins, Atlanta, Ga., heiress. were married here yesterday. The couple left im- mediately for New York to embark for | 807 14th return- | the city council today to let its con- ‘The council yesterday repeaicd 6\-9‘ New York Justice Rules Capital Broker Must Return to An- swer in Divorce Battie. By the Associated Press. NEW YORK, July 11.—When coun- | sel for Ray H. Arnold, president of Arnold & Co. of Washington, who is defending a divorce sult brought by his wife, said that he could have his [o]———]o/———ojc———o[c— ONE-CENT SALE Dozen Fine Blooms for $1.00 Two Dozen Blooms for $1.01 CASH & CARRY FLOWER STORES client here from Paris within two | weeks if the trial were ordered before !'a referee, Justice Black in Supreme Flowers to Beautify the Home -This Week End lole———[o]——]q] 804 17th that date. The decision come of & stormy session. Herman J. Witte. attorney for Ar- nold, said that his client is in Europe ter, who is in ill health. said, did not intend to .| turn until September 1, and asked with his daugh! Arnold. he ‘was the out- daughter is not 11l - Petters in Parliament. LONDON, July 11 (#).~~What's heavy parliamentary debate to folks in love? fluence on the flow of world gold and on here ocould see reason | adjournment untfl that time. A young couple re SENATEMAY AR |Eesisnssstoaiss UCHIDA RESIBNATION \BATINR FERTTITTINS (o[ ARNOLD 1S ORDERED \Gif urh SR, Briof wing, ct ot SE TR e BT BT B SR So e ACCEPTED BY RULER TO APPEAR AUG. 10| S5 S el 2o Bl 0 s o o In thatching the roof of a dairy st Hertforshire, England, 132,000 bundles of reeds were used by Robert Farman, whose family record in this vocation goes back to the Middle Ages. 5 n.....|muuumlmllllllllilIIfliIIIIIIlItIflllllllluHIIlIIHIIlEIIIIIII||||Il|l|l||||l|l|||| m 00 == Closed Saturdays During July and August the British government for the privi- lege of treating the water to recover its mineral content. A recent analysis of samples of the Dead Sea water indi- cate that in the sea there are as follows: Potassium chloride, 2000 million tons; a European honeymoon tour, ing to live in Providence, R. L. where | Metropolitan 7433 Phinney is in business. Mrs. Phinney | is the daughter of Cornelius Johnson, | Atlanta millionaire, She was a widow. ! and for that consequence the Senate is responsible. Formality Doesn't Matter. ‘The other side of the situation is that | it does not matter at all whether the | United Sates is represented on the new | magnesium bromide, 980 million tons; bank in a formal official sense. The |sodium chloride (salt) 11900 million fi:fi;’fi ;-grgfe:g '{;fi.‘,,",‘fi‘,f:;‘,;',ezsnfiflff;; tons; magnesium chloride, 22,000 mil- entation | : of ine Uaited Btatos Witn that 1 lion tons: calclum chloride, 6000 realized, it will follow that the United States will be represented informally, | and the informal representation will as effective as the formal one would be. Some two American bankers, whether connected with our Federai Reserve system or not, can be made the Amer- | ican representatives on the board of the new bank. Assuming the two bankers are wisely | chosen, they can carry on the co-opera- tion of the United States as fully as if they had been confirmed by the Senate. They can be more effective than if the entire Senate itself sat on the board. That co-operation by the United States 1s essential in our own interests is a conviction held by every thoughtful persons. The Bank for International Settle- | ments will start with the primary pur- pose of acting as a clearing house through which payments from Germany will be passed on to the nations for ‘which they are destined. Starting with functions related directly to reparations, the bank will become an international bank in a sense never before attempted and hardly ever dreamed. It will make a reality eut of the often dreamed “bank of nations.” In a way it will be to the whale world what the Federal Reserve system is to the United States. It will be, in the words of one thoughtful stu- dent of the plan, “more ideally con- stituted to play the part of central bank of the world than any existing institution.” When the new bank is seen in those terms the question is not whether we shall be represented, but whether we can afford not to be represented. Such an institution will have a powerful in. Frank. 10391 Every Gliding Settee Sharply Reduced Now for immediate disposal Store Closes at 2 P.M. Saturdays The Annual July Clearance Begins Tomorrow—Friday Straight through the store from Clcthes to Haber- dashery deep reductions are the rule. ; This sale is held for a purpose—but it opens oppor- tunities to replenish the wardrobe at worth-while sav- ings—at a time when ycu will appreciate them. All 3-Piece Spring Suits Fashion Park, Charter House and Mode Makes §38 San:lifs 40 845 sa‘:‘ii §50 $55 Sa:;:ls 560 Seventh Street Between D and E $26L5 $3 6 .15 $46_L§ om0 0 e $65 and $70 $75 and $80 | THE ONLY Suits Suits ; TO C oats Fashiion ‘Pavk-andMode Makes : REFRIGERATOR Were $35, $40 and $45 . | Shirts : rugged. warp-proof- durable $2, $2.50 and $3 shirts; sepa- $1.00 cut silk rate collars and collar at- $1'69 $1.50 cut silk. ... This is a remarkable opportunity to purchase a comfortable Glider at a greatly reduced price. Select your Glider imme- diately and enjoy Sum- mer more. by new 3=second way O excuse for painful corns and N calluses. Only one drop of amazing liquid eases them scien- tifically. Deadens pain in 3 seconds. Then shrivels up corn 8o you can peel it off. Mil- lions use it on doctors’ advice. Beware of imitations. Get the real “Gets-It” — for sale everywhere. “GETS-IT,” Inc, Chicago, U. S. A. GETS-IT 8 Good - looking Gliders, i ;flpe upholstery, reduced 5] 7,50 ik . il $24.75 $89.75 Green Striped Coil Spring Gliders, reduced to $94.75 2 Coil Spring Gliders, de- lightfully upholstered, re- duced to 4 Comfortable Gliders, with coil springs, reduced to... 2 Smartly Upholstered Gliders, reduced to....... 2 Orange and Black Up- holstered Gliders, coil SPEINRAS. oo o crnvinsoaimas 1 Green Fiber Glider, with loose cushions, in ecre- tonne ........cco0cnveinae MAYER & CO. $26.75 $44.75 2 Gliderls wif'h sepaléate éoose cush- ions, coil springs, reduce 26.75 L PR 836 o Penn. Ave. 8th Street D Strest “Keep Smiling with Kellys” $95.75 Neckwear ...69¢c, 3 for $2.00 .$1.15, 3 for $3.00 More L PR SR B 3 for $5.00 $2.00 and $2.50 cut silk. . .$1.79, 3 for $5.00 T Mileage $3.50 to $4.50 shirts; sepa- sz 89 Finest cut silks and silk .n:aofif“e:}npfi::gfiflfgfix Lower Cost rate collars and collars at- ¥ knitted scarfs. Were g9 30 | tirel ot steal: et strong as tached .. ... 3 for $8.00 $3.00, $3.50, $4.00, $5.00 e. It cannot warp. Its doors = and $6.00 SEESTRAE S :nd sills, faced with warp-proof $5, $6 and $6.50 shirts; sepa- s3,69 Textolite, cannot sag. It keeps :::; ;""‘" and collar at- Underwear cold in and heat o;]n motrl: efi:u L e 3 for $10.00 . . tively than any cabinet that has 3 ozl irts: whi Moda: Union " Suits, " were 89C ever been sold. Which is just Kelly “Buckeye Broadcloth shirts; whiteand §189 e N-ge gt i 98 ot 3 alth- To collar attached .. ... 3 for $5.00 Rockinchair Union Suits, 51.19 :r;;::,l: :iche the gs“mall:sg res alld Tu.l)es Fine coc ‘;: on b,-o.aul.,g, $3 15 were $150 .............. 3 for $3.50 amount of current. shirts; white only; neck- E : And the mechanism of the Gen- 3 D band and collar attached.. 3 for $9.00 Fancy Shorts; were $1.00 79¢ el El:c‘;ic—-how far aHesdkce own 4 i # ERAISLS0N. . s 3 for $2.25 the field that is! All enclosed in Finest of silk shirts, radium, hat is! ji - an hermetically sealed steel cas. cquard, etc.; ate $5 95 : y —The most dependable low priced tire—Kelly Buck- ” Tlar: wd co‘l:‘l; “ut[:u ;ud. o Pajamas ing—unusually quiet, self-oiling, eyes—are full size, full thickness of sidewall and St 3 5 dust-proof—with an easily acces- 3 for $17.00 Were $7.50 to $10.00. . ... Golf Hose $1.50 and $2.00 grades. $1.59 3 for $4.50 $2.89 3 for $8.00 sible temperature control. All the mechanismismounted ontop, out of the way . ... leaving the atest possible room inside the cabinet for food storage. Another advantage of the General Electric is the fact that it is portable and needs no tread. All 4-inch sizes'and up are six-ply. They give $2.00 and $2.50 Pajamas. ... . 3 Ply. Y & the same mileage in proportion to their cost as regu- lar Kellys do—and they can be bought for only $3.00 down and the balance in small monthly payments. $3.00, $3.50, $4.00 and $5.00 Pajamas $6.00, $7.50, $8.00 and $9.00, As evidence of guaranteed reliability—there are now more than 300,000 users and not one Balloon - Dl o maae $3.00 and $3.50 grades.......... including '“.k and impor- *installation” than an electric iron. has e t a single dollar f irs. Bize Tire Tube :j::.::, ::;:::; ':;:: '::; 3 $3 69 tl:‘lons ffrfn dVVel-h-M.r- s 4.79 i‘:‘;:emelrely plijgelinito wiigelEctris oulet as ever spent a single dollar for repairs. 440-21 (20x4.40)..96.55 $1.55 § 6.00-21 (33x6.00)..1340 235 $4.00, $4.50 and $5.00 grades. . .. o s SAOCMR It is mounted on legs, with lots of broom- See all the models, study them carefully. 4.50-20 (29x4.50).. 6.95 160 Se. room under it. It is easy to clean because And be sure to ask about our plan of con- 4.50-21 (30x4.50).. 7.25 1.5 size amlar#" 'rm $6.50 and $7.00 grades. .... R $4-79 ol Bathrobes all its interior corners are rounded. veniently spaced time payments. ( 4.75-19 (38x4.75) .. 830 170 1.28 ayon, terry, etc.; were Listew in on the General Elsctric Hout, broodcast every Saturday evening, s .00 and $10.00 grades... %06, seon and s700. . $4.69 ek e g iy 475-31 (30x4.75) .. 9.00 1.80 17 Imported flannel, Irish pop- 5.00-19 (29%5.00) 1385 1.80 Hfllf Hose ISTS’.S :w.oo, $1200 and ss 39 5.00-20 (30%5.00) 135 135 REREIE B0 il oGO - 1 I EO SO AR SR o GE C 5.00-21 (3135.00) 190 e Fancy Silk and Rayon Hose; §5¢ Flanel, sill, etc, $1500, ¢13 £g NERAIJ ELECTRI 5.25-18 (28x5.25)..10.10 1.95 23 attractive patterns ...... 3 for $1.50 $16.50 and $20.00. ........ o 53619 (29x535)..1050 205 § 335 (6-ply 20 s ¥ : ALLSTEEL REFRIGERATOR 53520 (3035.26)..10185 215 3 i ban e n soek—ricss The Mode—F at Eleventh i Kelly-Springfields Begin at . , $6.65 for the Standard Size [u and $8.15 for the Balloons ! 1328-1330 . MEW YORK AVE.