Evening Star Newspaper, September 5, 1930, Page 4

A4 ass» WASHINGTON COLLEGE OF LAW Co-educational Thirty-fifth Year Fall Term Begins September 22 -year course leadin, i e M. P, 2000 G Street merson Institute 78th Consecutive Year d | mento, Call V. F. W. DEMANDS DRY LAW REPEAL {Hour’s Debate Precedes Ac- tion of Convention Meet- ing in Baltimore. By the Associated Press. BALTIMORE, September §.—After more than an hour’s debate, with sev- eral roll calls, the thirty-first National Encampment of the Veterans of For- eign Wars today went on record de- manding the repeal of the eighteenth | amendment and its enforcement laws. | “The vote was taken on a resolution | introduced by the New York delegation. motion to table it was defeated, 873 637. Mrs. Ada E. Harrison of New York ity was unanimously elected national | president of the Ladles' Auxiliary. Formerly national senior vice president, | she succeeds Mrs. Bessie Hanken of | Revere, Mass. Others chosen for office by the auxiliary were: Mrs. Dora Raffensperger, Harrisburg, Pa, senior vice president; Mrs. Edna Arnold, Tulsa, Okla., junior vice presi- dent; Mrs. Amber Christie, Seattle, chaplain; Mrs, Grace Davis, Nutley, N. J, treasurer; Miss Helen Shanshan, Waterbury, Conn., judge advocate; Mrs, Consuelo de Coe, Sacra- conductress, and Mrs. THE EVENING STAR, WASHINGTON, D. C. Talking It Over With Ford Manufacturer Demands Congress Act to Prevent Baseless Stock Speculation W hich Paralyzes Industry and Causes Unemployment. BY A. M. SMITH. Copyright, 1930, by North American News- + __ paper Alliance.) DETROIT, September 5 (N.AN.A).— “It is not the employers that make un- employment,” Henry Ford said, dis- cussing pre 1s that industry be com- gress to take care of the “There is a great deal of wron thinking along this line, and there is likely to be more. At that, we are bet- ter off than we were in previous periods | of depression, for at least the present| breakdown has not produced any false | prophets. We have only an occasional gggncun who proposes to compel some- i to support somebody else without work. “Unemploym t is a thing I hate, next to war. Where does it begin? Here is a man lald off at the factory. What does that mean? It means that the factory has no work for him? And what does that mean? It means that somebody outside has quit buying. And what does that mean? It means that something has i.appaned to that buyer. And vhat has happened to him? Well, somewhere back of him there was an influence that upset the flow of pur- chasing power, A Moral Upset. “The only cause of this is some vio- lent interference with the normal and natural exchange of the means of liv- ing before even gold shipments.’ wholesale collapse of honest industry— and Congress will not prevent you. “Congress should have acted three years ago to prevent this recurrent rob- bery of the people through the mani lation of inflated and therefore ba - less values on the stock market. A share of stock in an industry should be as genuine and as well guaranteed as a dollar bill. money has ever so threat~ned the coun: try as the counterfeit values sold as stocks in this country. “Congress cannot neglect this much longer, because the day has arrived when our stocks and shares and bo. s ar: becoming a sort of national money. Dr. Julius Klein, nt Secretary of Commerce, has recently reminded us of the fact that many of us had noticed, namely, that t-e world is compelled by the scarcity of gold to economize in its use. Gold is not a sufficiently extensive counter on which t do the world's busi- ness today. “Dr. Klein says: ‘The use of gold in settling International accounts may some time be reduced greatly by settle- ment in murltl;l,m%::‘;f t;urtné-n: - cial experts at the ent of Com- merce, Dr. Ray Hall, feels that these security interchanges might some time become the foremost settling item in America’s international accounts, com- “That indicates that thougl save the Amer- Con- No counterfeiting of| “GUM-SHOE” ROBBER SLUGS FIFTH VICTIM Detroit lhopknpcl;'l Daughter Felled by Blow on Head While on Duty in Store. By the Associated Press. DETROIT, September 5.—The mys- terious “gum-shoe” robber who has been bothering Detroit police almost & week, has taken his victim, ‘The robber, who slips \xbemndh!l victims and strikes them down without warning, last ht slugged Miss Ethel Goldsmith, as remained on duty alone in her father's shoe store. Her ad was seriously injured and doctors at Receiving Hospital said chances for her recovery were slight. The four previous victims of the sh T, all small shopkeepers, also re- main in Meelrfle:gufluphll, In each c;;e 'd‘nw cash T in the shop was b . Ditch Digger Likes Apples. SASKATOON, Saskatchewan, Sep- tember § ().—Dmitro Guly is a 6-foot ditch digger who just loves apples. He ate 81, big ones, one right after the other, just to show he could do it, then had some bread, bologna and a cigar, Practically ':.1!‘1: automobile driving into the rural districts in Spain still is before nightfall. i s 33 :IDAY, SEPTEMBER b5, 1630, LONDON EXPRESS CALLS FREE TRADE ISSUE VITAL Comments on Victory of E T. Campbell in By-Election at ' Bromley. By the Associated Press. LONDON, September 5.—The Daily Express, owned by Lord Beaverbrook, yesterday said that the election of E. T. Campbell in the by-election at Bromley yesterday showed “the policy of empire free trade” is the only British issue with real political vitality. Campbell, & Conservative, defeated the Liberal and Labor candidates, as well as Mr. 'wood, who made a strong fight with the backing of Lord Rothermere, and was understood to have the sympathy, though not the offi- cial support, of Lord verbrook. ‘The press as & whole called attention to the debut of the United Empire party with a candidate who, without organ- ization or time, polled nearly s quarter of the number of votes cast. The Empire Free Trade faction advoca free trade between the British domin- jons under protection of a tariff against outside products. — Laced Boots for Dogs. NEW YORK, September § (#).— Among Fall fashions for gay dogs on view in smart shops are laced leather boots, collegiate yellow slickers, patent leather harnesses and brushed wool sweaters. HUNGARIAN FLYERS DELAY ATLANTIC HOP »3z85w Hope to Draw Attention to Post- | dled War Plight of Country. By the Assoclated Press. \pest. The first leg of the flight was made yesterday from Flint, Mich. September 5—A further | Father Knickerbocker Particular. neckine. b Of ohn pae Jie B cl up of tl e for o o i ‘war En and Capt‘m Mt T, take off on the second of & trans- atlantic flight planned as a patriotic gesture to eall attention to the post- war conditions of their wuntrr;n After checking over the plane the NEW YORK, September 5. (f— Father Knickerbocker is looking for more for his money, and so little fel- lows no longer can be policemen or firemen. Candidates for firemen Illul: be at least 5 feet 7, for poncemen feet | New Fall Ways of being smartly Shod, inexpgnsively : “Hahn— 1738.1740 P St. North 10359 Day_School—Late Afternoon School— Co-Educational—Accredited in the gress ican citizen from traffic in misvalued securities, it will have to insure that a dollar in stock value represents a dollar in real value when our securities are accepted as American money abroad. Congress cannot much long esca) doing it. And if Congress d this, the need for compelling industry to support | unemployment will not exist, for unem- ployment will not exist. If Congress had acted even a year ago, this depres- Again at Head of Their Class! “HAHN SPECIAL” Coffman, Albert Lea, Minn., |in It is never a natural interferen o. & | guard. Nature goes on doing her part, rega i Several hundred veterans and ladies [less. It is a moral upset. Something of the auxiliary, ill following a luncheon c happens to divert men’s minds and | Wednesday on the grounds of the Naval [ money away fr' 1 legitimate business, € | Academy at Annapolis, were sufficiently and the result is that honest industry e e mane” ek (of exami” B | recovered today to laugh about the ex- | languishes, Unemployment begins a . Army; also for Fiying Cadets, perience and blame their condition on |long way back of the employer and = e . 8. Corps. heat, excitement, lack of sleep and in- | employe. It has a cause. At some Fras O Cut | judicious eating. stages of the cause people call it pros- 2 None of those stricken was seriously | perity and think it is great: at later Specials” and_University Point—Annapolis—Const Guard Boardine Department for Information ._Randolph. Principal RN AR THE SWAVELY SCHOOL Nationally Known Preparatory School for Boys 28 Miles From Washington - 31st Year Opens Sept. 15 Study and recreation adapted to individual needs. . r's mgn 'school Gradu upervised Athleti Qolf course. or Oatalag a wavely School 's for every boy. athletic feld. | | | | | | | | - | 111, attending physicians said, and vir- nlully all recovered after taking medi- cine. At the luncheon one of the chief items of diet was crabs. At first these were blamed, but physiclans today agreed their patients did not suffer from food poisoning, and an mvuu,:- tion by the Annapolis V. F. W. Post in- dicated all food was in good condition. It was pointed out that the visitors have been getting little sleep, were eat- ing irregularly and have been on the go since the encampment opened Sun- day, and that most of those stricken were not familiar with what goes with crabs. ‘The menu consisted of crab salad, cold ham, hard-shell crabs, pickles, 10lls and near-beer. And on the boat trip back to Baltimore there was con- siderable consumption of ginger ale and ice cream. stages they think it is terrible. But it is the same cause all down thc line. And it does not begin in industry. “There is not a factory in America that was built for shutting down. Em- ployer and employe are hoth dependent on the continuous orernuun and pros- perity of e industry. When depres- sion comes, business men are equally the victims with the workingmen, and often to a more serious extent. ;loymenb is not intelligent. farther back. “I am willing to believe that Con- gress could do something about it if it would. But I know there are some things that Congress absolutely cannot do. Congress cannot”compel people to buy motor cars and other commodities to keep t' e factories at full production; Congress cannot compel industry to sion could not have come. of unemployment, identify them, expose them, prohibit them, and it will find employe It begins | “Let Congress dig back into the causes that it was not the employer nor the that caused unemployment.” t, (" Good (redst an Asset . Consolidate Y our School Shoes Very sophisti- cated, this new mode in Al mora_Brown plle up goods with no prospect of sale or no money to “ay for manufacture; Congress cannot compel employers to pay emplo; ‘whether or not there is work for them to do or money to pay them. For it is tl . buyer that pays. It every industry is to be turned into an. orphan asylum, the buying public will pay the bills. And the biggest bill they will Pl! will be the ruin of indus- trial efficiency and all chance of gen- eral prosperity. Thi- is tackling the problem at the wrong end. Wh- Is the I oney Idle? “But there are other things that Con- gress can do. It can find out, for ex- ample, how it happens that all the l| | money, gevlouuly in the use and con- trol of the people, is now lying idle in || the banks. How did it get out of the hands of the people into the banks? l| | Congress might investigate that. That EDUCATIONAL. Bills, Pay T hem All and Keep Y our Credst Good w ‘Washington Preparstory School Opens Sept. 17—Co-educational 1736 G St. N.W. (Y. M. C. A) National 8250 NATIONAL UNIVERSITY || Fall Term Begins tember 27, 1930 | “scHOOL OF LAW—SCHGOL OF ECONOMICS AND Devitt School An accredited boarding and day || school in Washington, D. C, which stresses College Entrance Board and p\;ep;rafi;n for é}\est Point, Nava cademy, oast Guard and Air Service. = Boston GOVERNMENT 3 ces available. Catalogue on ||}l Resistrar's office open for registration sentoat . Fall term begins Septem- || SR ! Tuition and board $800 818 13th St. N.W. | Telephones Nat. 6617, Met. 7964 Strikingly Styled— Wonderful Wearers— Extra Economical Also Autumn . Brown or Black Calf—this tailored pump, with dia- mond tip and new decorations, w4 2 their legitimate and pur- chases became wages, and a healthful lad ‘was maintained. “What happened? Why, it was taken for something that gives no return; it was taken in the peculative stock mar- ket. The difference between honest and dishonest business is that in the former the money circulates back again and maintains a normal prosperity; in the latter it collects in clots and causes depression. “Well, at present this wrecking of the Nation’s economic welfare is legally permissible in this country. You can raid the people'’s prosperity; you can use the entire public machinery of this country to work up a grand climax of baseless culation; you can cause the EDUCATIONAL. 2961 Upton Street N.W. Washington, D. 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