Evening Star Newspaper, August 4, 1929, Page 34

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

B | TALIAN IS USTED | N LOAN SCANDAL New York Bank Favored in Milan Transactions, Com- mittee Reports. By the Associated Press. ROME, August 3.—Italy reverberated today with its greatest public scandal in years, involving Ernesto Belloni, former mayor of Milan and Italian financial expert at Versailles and the reparations and debt conferences, and unnamed ad- visors. Bellonl was removed summarily late yesterday by Premier Mussolini from all public and political detivity, and vari- ous of his advisors, whose identity has not been made known, were imprisoned. ‘The action followed report of a com- mittee into Belloni's activities as podeata (mayor) of Milan. The charges provoking the investi- gation were leveled by Roberto Fari- narci, former secretary of the Fascist party and now provincial secretary at Cremona. Farinacci claimed Belloni favored the New York bankers, Dillon, Read & Co,, in return for a large money compensation in allotting a loan of $30,000,000 to the city of Milan in 1927. Exonerated by Committee. ‘The committee exonerated Belloni of this charge, but found he had used his office to increase greatly his private for- tune. He was subjected to scathing criticism by the premier, who said: “The head of the government deplores in most forceful manner the action of Attomey Farinacci, deputy in Parlia- ment and member of the grand coun- cll, for having brought publicity and geave defamatory accusations touching direcily the Fascist party and a great banking institution of the United States, “‘i1tese accusations, which the com- mittee has ascertained are wholly witl out foundation, have -furnished to re mains of anti-Fascists, to radical M: sonic elements of lan, Italian and | foreign, pretext for comments to dam- age the kingdom.” The committee's report on the Dillon- Read loan was that the loan itself was regular, but that the negotiations were carried on by Belloni irregularly. But, said the committee, “Signor Bel- loni has excited criticism and comments by the ostentation which he made dur- ing his period of mayoralty. Above all one notices an extraordinary change in the term of his life while mayor of Milan. To judge from the facts pre- sented his high station has been, if not the sole cause, at least one of the factors, however indirect, of his pri- vate wealth. Facts Brought to Light. “Depositions and declarations of re- #ponsible administrators have brought to light a terrible spectacle of men who had office and took a noteworthy part in various public services, particularly in those of the municipal question. The former Podesta did not know how. to resist, perhaps because of attendant circumstances, the deleterious influence of these men, who frequently hid under the banner of Fascism their fllicit per- sonal interests. Some of them were sent today to_prison. “His (Belloni's) figure appears always the same in the personal field as in the political field. He brought into the ad- ministration of public affairs that spirit of legerdemain and light-fingeredness and sometimes of criminal complacency which characterized him in private life and through which he intended to in- sure himself in any event the greatest financial result. He favored friendship or clients, and enlarged through the municipality his own sphere of in- fluence.” Belloni was examined by the com- mittee during its inquiry. His plea was he undertook extraordinary ex- penses and contracts for the city in order to, elevate it to splendor in ac- cordance with directions of the gov- ernment and of P:’mier Mussolini. The committee answered: “But, it is evident that 4n his pro- gram he gave excessive and erroneous interpretation to propositions of the duce since, as is natural, every admin- istrative activity, no matter how im- portant and noteworthy, ought to be “—carried on within t{w Hm‘i;fi o(f thgslve'l! and with caution for public funds. Belloni was president of the Fascist Congress held in Rome in 1921 before the party came into power. Farinaccl once occupied the post now held by Augusto Turati, secretary of the Fascist party, and as su:';l was Premier Mus- olini’s right-hand man. ’ Both n'glen were Deputies in the Ttalian Chamber, and Farinacco was a ‘member of the Fascist grand council. The committee conducting the in- quiry was composed of Senator Derio, president of the council of state; Sena- Yor Longhi, president of the court of cessation, and Gen. Ferrari. Paving Contracts Involved. Mentioned in the committee’s repart as specific activities of Belloni were, for instance, paving, repaving. unpav- ing and repaving of Meravigli street, each time giving the contract to a company in which he was interested. He also was executive in a gas com- pany ‘which secured favorable gas con- tracts from the city. The Dillon, Read & Co. loan referred to in the charges was made April, 1927, and was for 6.5 per cent interest at 88.50 lire in_the hundred, payable in 25 years. The Banca Commerciale Ttaliano made what many considered a better offer, but was turned down. Other banks bidding for the loan were J. P. Morgan Co., Blair & Co., Harris Forbes & Co., the Guaranty Trust Co. and the Bankers' Trust Co. The committee's report sai “Judg- ing from documents existing in the city hall one cannot hide the impression the procedure followed by the city ad- ministration in the preliminary phases of the contracting loan was not fol- lowed with regularity and rigorous cau- tion which the importance of the oper-, ations should/ have demanded. Mor over, documents of the negotiations are missing from the archives.” POLICE CHIEF CAUGHT RUNNING BEER INTO U. S. —\ Official of California Town and Companion Arrested After Truck Trip From Mexico. By the Associated Press. CALEXICO, Calif., August 3.—Charles G. Smith, chief of police of Calipatria, Calif., was arrested near here Wednes- day as he drove a truck loaded with 32 cases of beer and. alcohol across the Mexican border into the United States. A companion, John Maxwell, also was arrested. - Louis F. Fammary,” chief of the United States Customs border patrol made the capture. The prisoners were taken to the county jail at El Centro. CASE GOES TO GRAND JURY SPIRIT LAKE, Towa, August 3 (). — County Attorney Kenneth B. Welty to- day began his final investigations of the collision between two speed boats on Lake Okoboji Sumday, which resulted in the loss of nine lives, in order to lay the case before a grand jury. Although second degree murder u.\Tu were dismissed yester: ;sum Harold Yarnes, pilot of the _mm, owners, ed into the Miss * rest. ‘podunu. The New Fall Stamped Goods Specially Priced $1.00 Fierenses.. $1 Pr, —New designs stamped on best, grade of tubing. Some hemstitched for crochet edges—others with hem- stiched hems. Bea Sprends. 91 Ea. —Good size spreads with bolster attached. Plain or tinted des} stamped on unbleached material. e ... §1En. —Women's stamped and ready-made aprons. Hoover style of uinbleached material, bound in colors. Plain or tinted designs. Painted ‘Bread Sets. . sl set —Tray, bread board and knife in red, blue or green. Waste Seike ... $1 Ea. —Fancy oval-shaped waste paper baskets, firettily dec- Boudoir Pillows $1 Ea. —Fancy pillows of pastel colored organdies — plain colors or rainbow effects— In square and round shapes. Luncheon Seta . o 2 for §1 —Five-piece sets of linen and cotton—Square cover and four napkins—stamped with pretty designs. . Stamped s 2 for §1 —18x36 and 18x45 inch linen scarfs. Simple de- signs. Bedspread e 2 Pcs. $1 —In cream or combinations of cream and pink, ‘cream and blue, cream and green, cream and yellow. Cretonne Pillows. . . 3 for $1 —Bright, colorful pillows in the popular square shape. Fomped 3 for $1 —Linen towels in plain white or with fancy colored borders. Choice of six de- signs. 5 for §1 —Women’s aprons of good quality. unbleached material: Choice of new designs. Stamped Zanred 4 Prs. $1 —Sheer white curtains to be embroidered in colors. Stamped Forpenas 6 for $1 —White towels with bor- ders of red, blue, green or yellow. Hemmed ready for use. Stamped Pillows. . . 6 fOr sl —Dainty voile pillows in pink, blue, green, lavender, yellow or rose. Different shapes. Simple designs. Kann's—Fourth Floor. Stamped ited gree: and. backs & bright orange. —Large natural colored wil- low chairs, with wooden frames and apron fronts. Sturdily made and braced. Folding $1_69 Settee: —42-inch setfees with three- ba and five-slat ed the Chairs ....... $1.98 —Adjustable cha'irs with vas * backs and seats. arm rests, but no foot Adjustable to four Kann's—Fourth Floor. THE SUNDAY 'STAR, WASHINGTON, D. ©.- AUGUST 4, 1929—PART 2. Sharp Reductions Now on These Desirable Summer Housefittings 1,200 Women’s Fine RAYON ‘Underthings Regular and Extra Sizes 88¢c ea. —The daintiest, most praetical Sum- mer undergarments imaginable—offer- ed at a price to attract every fashion- wise and value-wise woman. The gar- ments are neatly made of a nice qual- ity rayon in delicate pastel shades. Some smartly tailored, others trimmed with contrasting colors. Regular Sizes in Gowns Step-ins Chemise Pantles Bloomers Briefs Extra Sizes in Chemise Bloomers Step-ins Panties Kann's—S8treet Floor. Seamless Porcelain- Lined “Northwind” Refrigerators $35.98 —Golden oak finished cases with seamless porcelain linings. 65- pound ice capacity. - 1-inch cork insulated. Guaranteed food pre- srevers. $42.98 values. Convenient Terms —17-pc. Japanese ‘Tea Sets—with tea —b5-pc. Bowl_Sets pot and six cups. of clear glass. Bowls in 4 to 9 inch sizes. —172-inch white duck Shower Bath Curtains. Low priced. ~-5-pc. Bridge Sets, with 4 glasses of rose or green glass and a handled tray with tile bottom. —Rubber Shower Bath Sprayer. Ad- justable to any faucet. Nickel- —3z-§ Breakfast plated spray. Sets, with a pretty design on thin white American poreelain, —Garbage Cans of corrugated galvan- iron, complete $1.00 ized with tight fitting —4-cup Electric cover. Pefl:olltorl‘ otl. —32-gt. Vacuum Ice Cream Freezers. » 1'fl eeze mo:‘t:fiy and quickly - out churning. —Pretfily deco- rated Grill Plates with three com- partments, Serves a complete meal at one time: : —Poreelain - top tchen Utility or cabinet Awnings Now 95¢, $1.25 & $2.50 —Heavy duck awnings mounted on flexible steel or galvan- ized frames—In 30, 36, 42 and 48 inch widths, Made 3 ft. to the frame with 9 to 12 inch valance. Complete with fixtures. 7-ft. Star Brand Porch Shades now —Wide basswood slat shades, stained green $ 3 67 or brown—complete with anchoring device and necessary fixtures. 6 ft. deep. L 95¢ to $1.25 Window Shades now —Choice of four. brands, exclusive with us— $ Lakewood Holland, Riverside oil, Duplex and 69 c ea. Cascade. All mounted on good spring rollers and complete with fixtures, Size 3x5.9. $2.98 Criss Cross Curtains now ~ —Dainty, dotted marquisette cur- tains in cream or ecru. The popu- - lar criss-cross styles with cornice" ° pr. valance and tie backs. 3-Pc. Belgian Linen Slip Covers With 5 Separate Cushions $24.75 Seams will be felled, and —These covers will be made to fit any three-piece suite of furniture, including the five seperate cush- ions. Of striped Belgian linen. rust-proof snap fasteners used. 3-Pc. Ready-Made Slip Cover Sets of Crash Cretonne —Pretty, practical sets made in a size to fit the average three-piece living room suite. Neatly finished with braid. Also at the same price, ®piece Ready-made Sets of striped nearlin. Offered at practically half price. [ Kann's—Third Floor, Sale! Fall RUGS —With prices so drastically reduced, you will find it decidedly to your ad- vantage to buy your new Fall rugs in this August Sale. We will store them for you until Fall, without charge. And you can also buy them on our convenient payment plan if you desire! Regu]ar $40 : Seamless Axminster Rugs (Seconds) --Heavy, cMsely woven rugs, in new colorings and designs. Slightly imperfect in weave— but nothing to mar the wear. [ ] Sizes 9x12 and 814x10%; ft. Smith’s $34.95 Axminster Rugs —Searhless rugs with a rich, high glle. In 9x12 and 814x10%4 foot sizes. sNew colors and pret- ° ty Chinese and Persian designs. Rugs, guarantee give years .$69.95 Royal Wilton Rugs —Beautiful rugs, noted for long vge}a‘r—alttractive patterns and and colors—9x12 and 9x10% ft. rich colorings. Choice of the sizes. s 9x12 and 84x107; fopt sizes. - ; Kann's—Third Floor. Sale!* ‘Wardrobe $39.95 Open-Top $ 29 1,000 sq. yds. of New Felt- Base Floor Covering’ 29¢ sq. yd. —The regular 59¢ grade of felt base. A heavy, sturdy-wearin; quality, in colors that will- nof wash off. $10.75 éenainteed Felt-Base Rugs $7.95 Each —Good-looklng,d Waterproof Wardrobe Trunks —Good strong trunks with rounded edges. Covered with hard fibre and equipped with:10 garment hangers, laundry bag, dust curtain, shoe box, hat compartment and locking bar. Loop draw bolts and spring lock. : $45 Extra Size Wardrobe Trunks at— —Fibre-covered trunks, protected at corners with best brassed hardware. Sturdily built and fully equipped. $55 “Royalrobe” Wardrobe Trunks at— —Raised open-top. truniks. - Fibre covered, with two $ 4 4 center bands. Equipped with 10 garment hangers, shoe box, dust curtain, laundry bag and hat compartment. Kann’s—Fourth Floor.

Other pages from this issue: