Evening Star Newspaper, October 31, 1929, Page 4

STOCK CRASH LAID ' T0G.0:P. LEADER Hoover, Mellon and Coolidge Are Responsible, Senator Robinson Says. By the Associated Press. Responsibility for the stupendous drop fn stock market prices was attributed last night to President Hoover and other chieftains_of the Republican party by Senator Robinson of Arkansas, the Democratic floor leader. ‘The Chief Executive, Secretary Mel- Jon and former President Coolidge were blamed by the Arkansan, who a year ago was his party's choice for the vice presidency, for encoumglnl the recent speculative market with overconfident statements and the present administra- tion for not taking steps to check the recession when it came. Disputes Klein Statement. In addition, Robinson took exception to the statement of Dr. Julius Klein, in a radio speech on Tuesday night, that the condltion of American business and industry was highly sound and stable and asserted it was common knowledge that a persistent depression had gripped the smaller businesses and industries and agriculture as well, “It may be well to trace the begin- ning of this calamity,” Robinson sald, referring again to the stock market col- lapse. “If the foundation of the belief of ruined investors was faith in the strong position of American industry it 48 also true that the prophets and high priests of American prosperity, repre- sented by no less personalities than a former President of the United Siates, the Secretary of the Treasury and the former Secretary of Commerce, now President, contributed by unduly and repeated optimistic statements to the creation of enthusiastic, if not fren- mied, ventures in stocks. “The good faith of these gentlemen may not be impugned except in so far as their zeal is justly attributable to the desire for that partisan political ad- vantage which is so often derived from Teal or fancied business conditions. Had the Democratic party been in power ‘when the stampede on the Stock Ex- change occurred the ruinous results ]‘éméld h:vet:eer’n‘ charf:ld by‘mpubllcnn aders to the financ licies of the &dministration.” i Falled to Act, He Charges. He went on to say “it must be ad- mitted” that neither President Hoover mnor Secretary Mellon nor any other ad- ministration leader “took adequate steps to prevent the collapse” or “to stay or check the recession when it passed be- low the sane economic level—the level established by the due and proper in- fluence of the capital involved and the earning power.” In addition, Robinson asserted that @s a result of the decline, the “power and prestige of the United States” had {nfltl w?Akened :&md and been greeted y foreign ex as “a great relief to their bllslnessp:nstflufionlw Referring to Kline's statement, the Arkansan said that “there has been substantial diminution in the purchas- ing power of consumers, due not alone to losses and bankruptcies which have occurred through stock transactions, but due in part to the natural and Jogical reactions which always follow periods marked by unusual speculation,” Teactions which bring “contraction and slowing down” in various business spheres. “Confidence will return,” he said, “and stocks will recover so that their prices will bear fair relationship to ac- tual values. These conditions and re- sults, however, may best be promoted by frank recognition of the certainty that conservatism will ede reck- lessness in business ..éfi:m and that this may mean e kage in the volume of ~bus| transacted for & considerable time.” DUFFLE BAG MARKET SLUMPS ON INSPECTION Baggage Abandoned by Deserting Sailors Once Brought $5 Each Before Opened by U. S. By the Assoclated Bress. NEW_YORK, October 31—A pile of old duffie bags and battered suit cases, abandoned by seamen deserting from American ships, brought an average price of slightly more than $1 apiece at an annual auction sale, conducted in the United States barge office on the water front yesterday. Time was when those shabby pieces of baggage, which are not opened until after they are sold, used to bring as high as $5 aplece. covery of two bottles of Scotch whisky in an ancient duffie bag last year, de- «creed that every,piece had to be in- spected after sale for contraband. There was no whisky yesterday. Only clothing, old shoes, razors, soap and first-aid kits. A Navigation Ends December 23. MONTREAL, Quebec, October 31 (). —Navigation on the St. Lawrence River will close December 23, the Montreal Harbor Commission announced yester. day in refutation of reports said to have been published in British papers that the river would be closed November 23. ‘The December date was made public officially last week by the Department of Marine and Fisheries at Ottawa. EUROPEAN TRADERS BLAMED FOR CRASH IN STOCK MARKET (Continued From PFirst Page.) that a sudden withdrawal of those de- posits would unsettle the American market. Great Britain had similar ap- prehensions. That is one reason why the governors of some of the European central banks have been making visits to the Federal Reserve Bank of New York and close communication by cable has been maintained always. = ‘This course has been criticized as not protecting American interests or as caring too much about European finan- cial affairs, but if the theory that Euro- pean speculators came near bringing a anic of values in America then what rope does will become of vastly more importance hereafter. The rise in money rates in New York attracted large funds from abroad, European central banks were troubled by the prospective flow of gold to America. When money rates fell in the United States large amounts were withdrawn from the American call money market. It did not cause a stringency in the money supply, because the bill policy of of the Federal Reserve system in effect since last June had become operative and had achieved a momentum which ‘;nlde it possible for money rates to be ow. But the withdrawal of European money had its effect on European speculators and investors. It may not have been the single controlling iorce in the break of American security wvalues, but, on the other hand, it takes very little of a scare to start a run on a bank or on a stock market if the quantities of deposits withdrawn cr securities sold happen to be sizeable. ‘The Federal Reserve authorities are maintaining silence ancut the whole situation. The expressions of cenfidence from {mvne quarters in the business outlook have been such that it was not felt the board here need say anything at this time, but a survey of the credit ‘may. be’expected and business in the not far nt future. e govright, 1929 But that was befores customs officials, inspired by the dis- | = = Clearing House Sets All-Time Record by $3,500,000,000 Total By the Associated Press. NEW YORK, October 31.—Set- tlements through the New York Clearing House yesterday totaled $3,500,000,000—a record for all time. It was attributed al entirely to the abnormal exchange of checks in settlement of Stock Exchange transactions, ‘The previous recotd for one day was $3,034,000,000 on last January 2, when the figures were swelled by month end and year end payments, dividends and other settlements. REBOUND IN STOCK MARKET RESUMED AT OPENING TODAY (Continued From First Page.) before they could settle on fair opening rices. prices, The tickers quickly fell behind the market, sales in the first half hour totaling 2,452,10 Oshares. Odd-lot houses, which handle the ac- counts of small customers, reported that they had never seen such an army of “bargain hunters” looking for chea stocks of high-grade investment merit. Investment trusts and wealthy individ- uals also were reported to be in the mérket on a large scale. Curb Shares Gain. Favorable dividend announcements continued to come from large corpora- tions to inspire confidence. Directors of the Consolidated Gas Co. raised the annual dividend from $3 to $4 today, and_directors of the Standard Ofl Co. of Indiana announced an extra pay- ment of 25 cents. The initial outburst of buying at- tracted profit-taking on the part of traders who had bought stocks in the last few days for a “turn,” and part of the gains were lost. On the Curb Exchange, utility and oll stocks were tossed up in startling fashion. Humble Oil shot up $42.75 to $123, Standard Power & Light, $77 to $160; Electric Bond & Share, $20 to $99.87, and Gulf Oil, $22 to $164. End of Hysteria Is Seen. With the three-hour session today ending trading for the week, Wall Street felt confident that the worst was over. Prices showed substantial recov- ery yesterday from their record-break- ing decline. They were carried up in & rally that was accelerated by news that John D. Rockefeller, sr., was buying. Heavy buying resulted in a turnover of 10,727,320 shares with gains of 1 to 36 points for leading issues. Frantic liquidation Tuesday had thrown 16,140,- 030 shares into the market and driven prices to record lows until last-minute support halted the rout. LONDON BANK RATE CUT. Easier Money Conditions Result in Drop to 6 Per Cent. LONDON, October 31 (#).—The Lon- don bank rate today was lowered from 613 to 6 per cent. One of the main reasons for the lower bank rate is the easier monetary position occasioned by the inflow of gold and the return of British capital which followed the 6!2 per cent rate recently imposed. Gold has come in from the Argentine and the outflow of gold to Germany and the United States has ceased. Announcement that the Commonwealth Bank of Austrzlia is sending $4,000,000 in gold to London before the end cf the year also has helped to ease the situation, which the authorities believe no longer warranted such a high rate as 615. The reduced rate caught the Stock Exchange quite unawares, and as soon as the indicator marked the 6 per cent dealers immediately marked up gilt- edged stocks, while transatlantic issues showed (ul’fl’lg‘ strength, all other sec- tlons soon r moving higher in sym- thy. ] Bankers and discount houses got mg adjusting their rates to coincide with the official minimum, and a sigh of relief went up from borrowers, who have been hit hard since the higher rate was established. India Bank Raises Rate. BOMBAY, India, October 31 (P).— The Imperial Bank today raised its rate from 6 per cent to 7 per cent. Stocks Firm in London. LONDON, October 31 (#).—The Stock Exchange today developed & firmer tone after recovery of Wall Street yesterday of some of its lost ground. Most securi- ties were harder and Anglo-American issues registered quite good advances. Business was not large. ‘The exchange will be closed tomorrow for the usual November 1 holiday. Conditions Normal in_ Paris. PARIS, October 31 (#)~—The situ- ation in the Paris Bourse and financial markets today was perfectly normal and safe, representatives of banks, ,hrukeu and technical experts informed high officials of the finance ministry who called on them to determine the effect of the New York depression on the French market. INSULL JOINS ROSENWALD IN SUPPORTING EMPLOYES| Public Utilities Owner to Guaran-| tee Margin Stock Accounts Until After Crisis. By the Associated Press. CHICAGO, October 31.— Another | Chicago multimillionaire has come to the succor of his employes threatened with financial loss through margin ac- counts on the stock market. Samuel Insull, public utilities owner, announced that margin accounts of employes of his companies would be guaranteed until they were no longer in danger of being sold out. The an- nouncement followed a similar guaran- tee by Julius Rosenwald, philanthropist, and chairman of the board of Sears, Roebuck & Co. Insull declined to elaborate on his brief announcement. {FORD BUYS MORE RELICS. JOHANNESBURG, Mich, October 31 (#).—The. entire equipment of an old-time lumber camp in Otsego County, such as flourished in Michigan during the '70s, has been purchased by Henry Ford for his early American museum at Dearborn. The equipment includes bunks, blan- kets, ox yokes, big wheels, chains, spike skids, draws, sleighs, saws, axes, mark- ers, grub hooks, loader crotch, come- alongs, skidding tongs and other pieces of equipment whose usefulness has long since passed away. Even the kitchen sink, towel rollers, dinner horns and water jugs will be transported to Dear- born to be set up there. Treasury Officials Expect Good Volume Of Christmas Trade By the Assoclated Pre Treasury officials expect there will be a large and satisfactory Christmas trade despite the re- cent reaction in the New York stock market. Some reports have been circu- lated that the decline in stock prices might affect the Christmas business, but officials do not feel that this will be large enough to hurt the huge volume of trade at the holiday season. It was pointed out that busi- ness generally is unusually good, ected ’ not by the break in the stock market. \ THE EVENING' STAR, WASHINGTON, D. C. THURSDAY, OCTOBER 31, 1929. OHIO PAYS TRIBUTE |REVIEWS NATIONS' 0 BURTON-ATEBIER) ATTITUDE ON PEAGE Officials Gather' to” Honor Senator at Last Rites in Cleveland. By the Assoclated Press. CLEVELAND, October 31.—Ohio State sorrowfully paid her last tribute today to the second of her distinguished statesmen to be taken by death in less than a year, with impressive public funeral services for Senator Theodore E. Burton. Just as President Hoover and official ‘Washington bowed before the veteran legislator's bier in the Senate cham- ber yesterday in honors accorded few public men, State and local officials, with national figures and the city’s most prominent men, gathered for the last rites here today. His fellow citizens and supporters from all walks of life were given an op- portunity to pay their respects as the bod{ lay in state this morning at the public hall. Details Directed by Burton. Most of the details of the services were directed by Burton himself when he knew his death was but a short time away. The body, accompanied by a score of his colleagues in the House and Senate, arrived from Wash- ington, where the Senator died Monday night, over the Pennsylvania Railroad at 8:10 am. and was mit gy ‘Federal officials and Republican leaders. A detachment of the 145th Infantry, Ohio National Guard, was assigned to escort the body to the public hall where it lay in state until the funeral procession formed at 1:15. A military escort was provided for the route to the Euclid Avenue Congrega- tional Church and hundreds of official and private mourners planned to follow the carriage containing the flag-draped bier. Besides his near relatives, the cortege was to include an official com- mittee of United States Senators, Gov. Myers Y. Cooper and his cabinet mem- bets, Postmaster General Walter F. Brown, representing President Hoover: members of the State Legislature and nearly all of Cleveland’s most noted citizens. Bishop McDowell to Speak. The services at the church, starting at 2 p.m., were in charge of the pastor, Rev. Ferdinand Q. Blanchard, with Bishop William McDowell of the Wash- ington Conference of the Methodist Episcopal Church delivering the ora- tion. Burial was to be in a lot in Lake View Cemetery immediately beside that of President Garfield and not far from that of Ambassador Myron T. Herrick, who was similarly honored in services here last April 15, STATE FUNERAL HELD. Services for Senator Burton in Senate Chamber Impressive. After impressive funeral services yes- terday in the United States Senate chamber with President Hoover and other dignitaries in attendance, the body of Senator Theodore E. Burton of Ohio was returned to Cleveland. Members of Congress, the justices of the Supreme Court and the diplomatic representatives of foreign nations were present. The ceremony was the first state funeral accorded a member of the Senate in recent years. House Members Present. ‘The casket was placed in front of the Vice President's rostrum in the palm-banked chamber, Members of the House, of which Mr. Burton also had been a member, occupied chairs at the left of the chamber, with the members of the Senate on the right. Chief Justice Taft and the assovilite Jjustices of the Supreme Court md in their black robes. They ng d near the front on the right. ose by were the diplomats and Army and Navy aides in bright uniforms. Vice President Curtis_ called the gathering to order. Rev. Z. B. Phillips, the chaplain, offered the opening pray- er. friend of Senator Burton during his long service in the House, read the twenty-third psalm. Fess Pays Tribute. Senator Burton was termed a'man of “national and international dimen- sions,” by Simeon D. Fess, the senior Senator from Ohio, in final words ,of tribute to his friend and colleague. “Those who knéw him best,” Senator Fess added, “fully realize his great concern about the peace of the world. He was perhaps the foremost American in an endeavor to promote this great object.” Another speaker, Representative Wil- lis C. Hawley of Oregon, declared Mr. Burton had been a leader in develop- ment of inland waterways, promotion of world peace and settlement of the ‘World War debts of foreign nations to the United States. ROCKEFELLER'S “RESCUE’ RE-ENACTS 1907 ACTION 0il Financier Stepped Into Market in Panic at That Time to Aid Recovery. By the Associated Press. NEW YORK, October 31.—When John D. Rockefeller, sr., came to the rescue of a wildly fluctuating stock mar- ket yesterday with orders to buy he re- enacted a role he played 22 years ago. On October 23, 1907, during one of the severest panics in the market's his- tory, he issued a statement expressing confidence and began to buy .sound common stocks. His action, taken a day preyious to the formation of a $25,~ 000,000 1 by J. Pierpont Morgan, had a stabilizing effect on the market. HELPHENSTII&E FUNERAL IN ST. ANDREW’S CHURCH Union Veteran of Civil War Was Engaged in Manufacture of Medicine Here. Funeral services for Rufus K. Helphenstine, 85-year-old Union veteran of the Civil War and a dru?sl!l, and medicine manufacturer here for years, who died Tuesday at his home in the Albermarle Apartment, Seventeenth and T streets, were held this afternoon at St. Andrew's Church by 'Rev. J. J. Dimon, the rector, and interment fol- lowed in private at Arlington Oemetery. Mr. Helphenstine came here in the early 70s. In addition to his widow he is survived by a son, Rufus K., jr.; a sister, Mrs. John D. McKahn, and a brother, O. P. Helphenstine, both of Waynesburg, Fa. SWEDISH EXPORTS GAIN. STOCKHOLM, October 31 (P — Sweden's surplus of exports over im- ports for the month of September has been valued at about 9,000,000 crowns (about $2,430,000), compared to 7,000,- 000 crowns (about $1,890,000) in 1928. This indicates that the country will have a favogable trade balance for the year. The lowered duty on coffee, effective on September 1, caused the import of this commodity to rise to twice September, 1928. The imports of sugar Rev. James Shera Montgomery, a | Pas! increased 75 per cent. The gasoline import rose 50 per cent. Export gains were made in pulp, lum- ber, pig iron and manufactured articles such as ball-bearings and internal combustion motors, i Speakers at Anti-War Group Dinner Discuss Feeling Toward U. S. Britain, Japan, Germany, Mexico and Chma and their attitude toward the United States and world peace were discussed by speakers at a good-will dinner of the National Council for Pre- vention of War last night in the Young Women's Christian Association Build- ing at Seventeenth and K streefs, ‘The dinner was one of the features of the annual conference of the council now being held here. The speakers were Willmott Lewis, Washington correspondent of the Lon- don Times; Gideon A. Lyon, associate editor of The Star; Dr. Paul Lever- kuehn of the commission for liquidation of war claims between the United States and Germany; Dr. Kiang Kang- Hu, president of the University of Shanghal, and Dr. Loyal Lincoln Wirt, secretary of the western office of the council. Dr. Edward T. Devine of New York, director of the Yorkville-Bellevue health demonstration, presided. Hopeful for Naval Parley. Of special interest in view of the approaching arms conference in London in January, were the speeches of Mr. Lewis and Mr. Lyon who were hopeful in their opinion of the outcome of the conference, at least so far ss con- cerns Great Britain, the United States and Japan. Mr. Lewis viewed the movement to- ward peace as keeping pace with the progress of civilization and government which extend and enlarge in concentric circles the “areas of peace” formed by unification of persons, communities, States and nations into harmonlous wholes. Speaking of the London conference, Mr. Lewis asserted that “only the states- manship of President Hoover has made it possible, and this statement comes from an Englishman.” Even if the con- ference fails at complete accord, he de- clared, there should result at least a tripartite agreement between the United States, the British Commonwealth of Nations and Japan. Then, he indicated; these nations can say to France and Italy, if they do not wish to sign, com- fort yourselves as if you had signed for two or three years and then come back and we will talk it over again. ‘The British newspaper man gave it as his opinion that peace would brought about at last only by the sub- stitution of a positive for a negative attitude for peace among the nations of the world, and particularly the United States. “There was a time when an Amer- ican statesman who interfered in for- eign disputes would have been severely criticized,” he sald. “I pray for the day when the American statesman who does not interfere for peace will be severely censored.” Conflict Unthinkable. Mr. Lyon, who recently toured the Orfent with a group of -prominent newspaper men under the auspices of the g-.melle Endowment for Interna- tional Peace, made it clear that he was presenting an impartial view of Japan, speaking neither for the Japanese or American people or Government. “Conflict between Japan and our country is next to unthinkable,” he de- clared. “To take the shortest possible step to understanding, let us look at Japan's trade relations with the United States for guldance in estimating the chances, not of war, but of peace be- tween the two countries.” Mr. Lyon then went on to quote from the Japan Year Book for 1928 figures which showed that this country is by far the greatest imporier of Japanese oods. He said: “Can therc be better proof of the peace pudding than these few figures? Jingoism may have prevailed in Japan at one period of her recent development as a member of the family of nations. But one of the most pow- erful lessons Japan has learned in the t 75 years is that jingoism is folly, highly dangerous folly. The present generation of Jaj ese statesmen know that in the peaceful advancement of the material interests of the country, in the development of trade, in the educa- tion of the people, in the im- provement of their condition and in the cultivation of friendly relations with all other nations lies Japan's most important, most profitable, most patri- otic line of endeavor.” Germany Gratified. Dr. Leverkuehn pointed out that the recent developments in Washington tending toward reduction of armaments are regarded in Germany with gratifi- cation, the methods of procrastination heretofore employed at Geneva and elsewhere during the last 10 years hav- ing called forth deep disappointment. Against this he hatled the recent con- versations between President Hoover and Prime Minister Macdonald as fore- runners of real action. He said that it is felt by all Germans that the death of Dr. Stresemann was particularly ;rnglc as occurringh juit ‘:hen active rogress seems at hane furt] the ideals he fostered. P Dr. Kiang Kang-Hu explained Chinese philosophy as a philosophy of peace, and said that while China is overrun with wars, in time the program of education and philosophy will triumph over the war lords and a united China will result. Dr. Wirt, who has just returned from For Wide, Narrow, Long, Short, Small or Large Feet “No Foot Too Hard to Fit* 30 Different Styles In All Leathers and Fabries AAAA to EEEEE FIT SNUG AT THE HEEL Custom-Made Stylish Stouts $7.50 to $11.00 Nurses’ White Cloth, Calf and Black Kid Oxfords Complete Line of High Shoes 0YCE & LEWI CusToM FITTING SHOE 439-72 St NW. J. T. NORRIS J. T. ARNOLD H. 0. BRUBAKER Formerly With The Family Shoe Store Are Associated With Us be | operations of the Chicagoans Light Emergency Beacon For Lost Airman By the Associated Press. CHICAGO, October 31.—An unidentified airplane, evidently lost in low, heavy fog, flew over the downtown district before day- light this morning and dropped two flares, indicating the pilot was lost. ‘The sound of the plane’s motor was first heard shortly after 3 o'clock over the near North Side. A few minutes later two flares were dropped. The Tribune tower was lighted to give the flyer his bearings and a huge bonfire was built on a large vacant lot suit- able for an emergency landing place. Flying fields turned on their flood lights. No plane was reported missing. OFFERS MEASURE FOR STOCK PROBE Senator Nye Proposes Com- mittee to Investigate Spec- ulative Activities. By the Assoclated Press. A resolution was Introduced in the Senate today by Senator Nye, Republi- can, North Dakota, proroflnz appoint- ment of a special committee to investi- gate speculative operations on all stock exchanges. The resolution went over for future consideration, as required by Senate rules, without any discussion. It would have the special committee recommend remedial legislation by next February. Another resolution by Eena- tor King, Democrat, Utah, advocatin, a sweeping investigation of the credit situation is now before the Senat benking committee, with little prospect of consideration before the regular ses- sion in December. ‘The committee would include in its membership Chairman Norris of the judiciary committee and Chairman Nor- beck of the banking committee, as well as the respective ranking minority members of these committees, Senators Overman, North Carolina, and Fletcher, Florida. ‘The resolution says the speculative Stock Exchanges “threaten the stability and integrity of the entire industrial life of the coun- try” and “it is necessary that legisla- tion be enacted to regulate purely spec- ulative operations in the securities reg- resenting the physical equipment of the industrial structure of the Nation.” LOUISVILLE TO OPEN NEW BRIDGE TODAY Dedication of $5,000,000 Span Will Mark End of Month of Celebrations, By the Associated Press. LOUISVILLE, Ky., October 31.—This community today rounded out a month of gala celebrations, which began with the American Legion national conven- tion and reached a high point with President Hoover's dedication of the Ohlo River canalization, by opening & new $5,000,000 highway bridge. The structure links up national high- ways and gives Southern Indiana its first direct highway connection with downtown Louisville. Gov. Flem D. Sampson of Kentucky and Lieut. Gov. Edward Bush of In- diana were to represent their respective peoples at the ceremony this afternoon, ‘The bridge was built by the City of Louisville under a financial plan re- garded as entirely original. After two efforts to get the necessary two-thirds approval at the polls of a bond issue for a bridge the city made a contract with a banking firm whereby the latter fur- nished money for the bridge and issued debenture bonds against tolls. When the tolls have paid off the bonds the bridge becomes free. a tour of inspection of Mexico, made a strong plea for support of the educa- tional program there. Only in this manner, he sald, can ignorance and superstitution bs overcome. He told the council that the Mexican government is making great efforts to build up an educational program, but it needs en- couragement and support. Mexico needs confidence, stability and friendship more than the Monroe doctrine of high tariff laws, he asserted. The council adopted resolutions ex- pressing its regret at the death of Sen- ator Burton and its sorrow at the pres- ent eritical illness in San Francisco of Dr. David Starr Jordan, president emeritus of Leland Stanford University. I our and 7th & D Sts. el ——b——lh Il ——xI0 » SERVICE —are essential requirements when selecting your bank. Your deposit in this bank is secured by $7,935,000.00 of resources, guarded by conservative men of vision many of whom have been connected with this bank shiknicie thirty-five years ago. You will find our officers interested in your success and always eager to be of service to you. A confidential interview on requirements welcomed. LINCOLN NATIONAL BANK TOLSTOY DECLARES | SOVIET 15 DOOMED Russian Count Believes Com- munistic Government Is Nearing Chaos Communism put to & working test is developing tendencies of self-destruc- tion, which must overthrow the bol- sheviks in Russla before their dream of converting the world can materialize. Count Ilya Tolstoy, son of the great Russian novelist, expects to see the Red e topple before his remaining years have run their course. Senator William H. Klng:f Utah, who visited Russia under the Soviet, believes that Communism must fall of its own weight, but does not expect the change in his day. Both men told large audience in the Jewish Community Center last night that Russia under the Soviet is ap- proaching chaos. Hopes for Recognition. Senator King expressed the wish that reform in Russia would make it pos- sible for the American Government to recognize that country. Senator King was certain this step cannot come so long as Russia is represented by the Communist party, which he described as a small minority of city workers pledLed to convert the world to bol- shevism. Count Tolstoy told of the destruc- tion, of the famine and the decline of the ruble in the wake of the revolution, The count declared that the pinch of famine is stronger today than 12 years ago. ‘The stability of the bolshevik regime, the count said, rests upon the outcome of the struggle for food between the city workers, or members of the ruling party, and the peasants. Faced with the urgency of feeding 35,000 city workers and their families, the Communists first bought food from the peasants with worthless money. te | When the peasants refused to sell more, confiscatory taxes were levied and sol- diers sent to collect. Government Took Products. Thus the peasant found, Count ‘Tol- stoy said, that the cow was his, but the milk the governmen! the chicki was his, but the eggs the government’ the land was his, but the government took the yleld. Later the government fixed a price for farm products, but when the peas- ant sold he found his purchading power was a fifth of what it had been. Now, the count said, the peasant is clinging to his products and destroying them rather than trade in a market fixed against him, Count Tolstoy declared this funda- mental quarrel between peasant and fiovnnmem is growing more acute daily. e said Communism destroys the peas- ant’s desire to better his worldly sta- tion and that the only equality which results is equality of misery. ‘The mass standard of living is being lowered, with mediocrity at a premium, and the hoped-for industrial growth is blocked because the purchasing power of the population has been reduced to a minimum. Sketches Leaders. Senator King told of meeting the heads of the Soviet government in 1923 ‘The Benator sketched the character of Lenine, of Trotsky and of Stalin. While the American was impressed with the sincerity of the Bolshevist leaders, he felt that they were dogmatic, narrow and obsessed with a strange fanaticism that set up a political creed in the place of religion. As for the Soviet dream of world con- uest, Senator King said it had been reely admitted to him that the bol- sheviks would do their utmost to pro- mote a Red revolution. He said the Soviet is contributing money to spread their doctrines among the people of the earth, and that the Red army is kept out of adjoining countries because the prospect of victory is still too small Count Tolstoy and Senator King led the program of a Russian symposium, the opening event of a series planned at the Jewish Community Center under auspices of the National Forum. o Dog Bequeathed $200. MONTESANO, Wash., October 81 (#). —Another dog will have his day. A bequest of $200 is left to Lady, a rat terrier, by the late John P. Mugford, Cosmopolis gasoline station operator, in his will just probated here. The ter- rier was left to Donald Fredericks of Cosmopolis. Mugford died recently in Portland. 59&FlaAmNE § 7 5021 Ga AuNW and [ajc———q] officers and. directors, business experience, its organization own banking would be your 17th & H Sts. 0/c———|o|———|a|c———=|a|c——|o|—=[a[—=] WILKINS SAILS FRIDAY. Base ‘Will Be Established on De- ception Island. [ONTEVIDEO, Uruguay, October 31 (#)—8ir George Hubert Wilkins, Aus- tralian explorer, announced last night that his party would sail for Deception Island, in the South Shetlands, on Fri- day to establish @ base for Antarctic air exploration. He plans long flights over Umlg‘Ded territory, and hopes to celebrate Christmas with Comdr, Rich- ard E. Byrd at Little America. o HOOVER WATERWAY PROGRAM LAUDED Atlantic Association Group Calls at White House to Com- mend President. A _committee representing the Atlan- tic Deeper Waterways Assoclation call- ed at the White House today to com- mend President Hoover's program for development of the waterways of the country as announced by him in his speech at Loulsville, Ky, a8 week ago. ‘While felicitating the President upon this definite plan for encouraging water transportation, the committee made a plea for further inclusion of the At- lantic_intrawaterway from Florida to New England in the administration’s program for waterway development. A special plea was made for consideration of the New Jersey ship canal, for which & Suez or Panama Canal tonnage was predicted. It was pointed out that the New Jersey ship canal is now only 7 feet and if it was doubled or increased to at least 26 feet the traffic on that canal would be thrice as heavy. Copies of resolutions adopted at_the annual meeting of this association, held in September, which called for the completion of the Atlantic Intracoastal Waterway. were left with the President. J. Hampton Moore, former mayor of Philadelphia and for a number of years a Representative in Congress from that city, as president of the association, acted as spokesman during the com- mittee’s call at the White House. The other members of the committee were John W. Small, former member of Con- gress from North Carolina; Repre- sentative Linthicum of Maryland; Rich- ard Voglain, director of wharves, docks and ferries in Philadeiph'a Capt. John P. Magill of the Mariti~= Association at New York, Capt. Wil E. Barn- ard, president of the Vesse Owners and Captains’ Association, T~ .were River; ‘Walter Wood of New Jor:cy, State Sen- ator Powell of New Jersey and Milton Morton of New Jersey. CHLOREN' HONE FOUNDER DIES Mrs. E. M. Fleck Was Widely , Known for Charitable Ac- tivities in Capital. Mrs. Elizabeth MacKay Fleck, widely known in this city for her charitable activities and loved by thousands to whom she was foster mother, having cared for them in the Bruen Home for Children, which she founded on her own initiative and financial resources, died in the Home for Incurables Tues- day after an illness of a number of years. ‘The Bruen Home for Children was first located at 436 M street' and later moved to Georgetown and then at 3535 Eleventh street, where Mrs. Fleck served it as superintendent while forced to remain in a wheel chair, due to illness. She continued as superintendent of the home until it was partly destroyed by fire in 1924. All children entering the doors of the home found kindly sympathy under Mrs. Fleck. When the home caught fire five years ago, Mrs. Fleck supervised the or- derly exit of the children from the building and left it herself only after she was certain all the children were safe and no one left in the home. A native of Nova Scotia, Mrs. Fleck was educated at Mount Union College, where she married [Prof. John Fleck, who died a year aftér their mafriage. Soon after her husband’s death she came to this city and founded the home. Mrs, Fleck is survived by a daughter, Mrs. Roy Palmer of this city. Many ot her former wards in tHe Bruen Home are expected to attend funeral services for her, to be held at Wright's, under- taker, 1337 Tenth street, tomorrow morning at 11 o'clock. Mrs. Fleck was more than 70, years old. . Property Left Capital Woman. NEW YORK, October 31 (#).—Fan- nie C. Browning of the Presidential Apartments, Washington, D. C,, is the chief beneficiary under the will of her sister, Marie C. Coddington, which was filed here yesterday for probate. 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