Evening Star Newspaper, December 3, 1930, Page 12

The Miamian ... 3:55 p.m. ‘Gulf Coast Limited 2:5§ p.m. Havana Special. . 3:10 a.m. Florida Special . . 3:25 a.m. Other Fast Through Trains Daily ». e am. " The Double-Track Route Atlantic Coast Line ‘The Standard Railroad of the South , reservations, information from A T SN W Woashi ston S el Nacional 7835 Ask for “Tropical Trips” S Booklet Tells Men Over 50 What They Should Weigh A famous British Physician—a Specialist in Obesity—gives these as the normal weights for men over 50. 8 Pt. 5 Inches 149 Pounds 153 - £ prolBonan | | AARIIIIY Weights include ordinary indoor clothing—Get on the scales and see 1f you are overwelght and how much. ‘The modern way to take off fat is known as the Kruschen Method- ‘lnd is well worth a four weeks trial Cut out pies, cakes, pastry and ice cream for 4 weeks, go light on po- tatoes, butter, cheese, cream and sugar—eat moderately of lean meat, | chicken, fish, salads, green vegetables |and fruit—take one-half teaspoon of | Kruschen *Salts in a glass of hot | water every morning before break- | fast—don’t miss a morning. ‘ Knights of CAMELOT w ge war on Boredom! SpALDING is featuring that fascinating new game, Camelot. A game far live- lier and more interesting than checkers, and simpler than cltess. A colorful, im- aginative, jousting game that has won the hearty approval of game experts. HOOVER'S MESSAGE [ %A EARTENS STREET Financial Community Pleased With Constructive Sugges- tions of President. BY JOHN F. SINCLAIR. Special Dispatch to The St NEW YORK, December 3.—Wall Street liked President Hoover's message. Generally speaking, traders and brokers felt he had said all that could be said just now. ‘Threatened with a Government defi- cit of $180,000,000, the President inti- mated that the income tax cut prob- ably cannot be maintained and that an increase is possible. He recommended additional legislation to aid railroad consolidation, urging that everything possible be done to strengthen the posi- tion of the roads. Two other subjects of interest to business were stressed in the message. These were, first, that a new investiga- tion of the anti-trust laws be made, looking to a possible modification, but opposing the repeal of the Sherman act itself. Second, that mnew appropriations, totaling from $100,000,000 to $150,000,- 000, be made for the public works pro- gram. 1If this is done the total in the {next fiscal year will reach the greatest in the country’s history—$650,000,000. In the matter of Government ex- penses, the. President stands with Sec- retary Mellon in advocating a continua- tion of the reduction of the public debt —the principal of which has been cut over $10,000,000,000 since the close of the war, Altogether, the message Was & prac- tical business address. Col. Woods’ Address. Col. Arthur Woods, chairman of the President’s Emergency Committee for Unemployment, told the council of the American Society of Mechanical Engi- neers the other day that our industrial system now finds itself “in a grave, stupid and anomalous situation.” “On_the one hand,” said the colonel, “the United States is a land with abundant resources of raw materials, plenty of manpower, efficient manufac- turing power, transportation and dis- tributing facilities, and a seeming plethora of fluid capital. On the other, the country has hundreds of thousands —yes, mililons of men—able to work, anxious to work, and craving the goods which the manufacturers have on hand and want to sell—but the go-between machine is dead—dark, black, cold, dead. “Yet we do not know how to brin; the two together,” continued the colonel. “No one profits by the situation. Every one loses. It seems to be nobody's fault. It has come about as the result of un- controlled economic forces which are not well understood.” Col. Woods concluded his remarks with ‘s word of practical advice: “ rwhmit that industrialists, econo- mis.s, engineers and statesmen should now address themselves wholeheartedly to the correction of this stupid situation, with a fixed determination to stay on th> job until it has been mastered.” That's & straight-from-the-shoulder statement, worthy of unanimous support. Mail Rates. “Increase first-class mail rates 25 per cent,” urges Postmaster General Brown, who closed the fiscal year on June 30, as usual, with a By charging 1 four letters instead of five, as at present, the post office will increase its revenue by about $55,000,000 a year, enough to balance the post office budget, except, of course, “for extraordinary and non- postal expenditures.” ‘Today all post office deficits are pald out of general funds of the Treasury by the taxpayers at large, “without re- gard to the extent of their use of the | postal facilities, or, indeed, to whether they (the taxpayers) use them at all.” ‘Two cents postage has been in effect for 45 years, except for a short time during the war. Yet the postmaster points out that since 1916 there has been an increase of 82 per cent in the second-class rate, an increase of 21 per | cent in the third-class rate and an | average increase of 10 per cent in the i parcel-post rate. The Postmaster General further says that if the relative purchasing power of the dollar in 1885 and 1930 is con- sidered, the 2-cent rate of the earlier | date is equivalent to 31, cents today; while if the relative wages paid to labor | is taken into account, the 2-cent rate of 1885 equals 7 cents today. “Raise the rate to 2% cents—a 25 per | cent increase—on the first-class mall,” | Postmaster General Brown tells Con- | gress, “and you will make the Post Office Department self-supporting.” ‘The United States is not supposed to | be in the banking business per se. But it is just the same. For nearly 500,000 citizens have taken their savings into BY CHARLES F. SPEARE. Special Dispatch to The Sta: NEW YORK, December 3.—It became known today that the efforts of four | Eastern Ratlroads to bring about a har- monious relationship and to adopt a plan of trunk line consolidation which they could present for approval to the Interstate Commerce Commission had reached a deadlock. Conferences have been going on for the past month. At the last meeting a few days ago it was decided to adjourn indefinitely. There is still the possibility that the jarring interests in this situation may be brought together. Bankers for the different roads are now trying to work out a solution of the problems that are uppermost in this controversy. Railroad Credit. At one time it seemed probable that the four roads, namely Pennsylvania, New York Central, Baltimore & Ohio, and the Nickel Plate System, would be | willing to make concessions to each other which would permit the four- party plan to become effective. Strong pressure had been brought to bear on the railroad executives by financial in- terests that have been identified with their securities for many years. The unsatisfactory condition of rail- road credit generally and the loss of public confidence in railroad stocks placed upon the different railroad man- agements an obligation to work out a program that would help to restore the faith of Mmvestors in the carriers. It is not now believed that the case is ho oV ILROADS REACH DEADLOCK IN EASTERN MERGER EFFORTS less. It is compared with the situation that developed abroad while the Young plan was in the making and when it seemed likely that no agreement could be reached between the different nations participating in it. Eventually, how- ever, a successful conclusion of these negotiations was effected. The chief points of issue in the rail- road dispute center around the control by the Pennsylvania of the Lehigh Val- ley, the demand of the New York Cen- tral for the Delaware, Lackawana & Western, and the Pennsylvania’s long | scught line in the Lake Erie territory. ‘The proposal that the Lehigh Valley should be admiinstered jointly by the four roads 1s said to have been made, but was unwelcome to the Pennsylvania Railroad, which feels that it should be alloyed to retain and exclusively oper- ate fhis carrier. Not so much of a prob- lem)is believed to surround the Penn- sylvania’s control of the Wabash. Baltimore & Ohio Position. ‘The position of the Baltimore & Ohio in this situation has been less active than that of its three competitors inas- much as it has, through purchases ready made and approved by the In- terstate Commerce Commission, steadily developed the plan ©f consolidation to- ward which it has been working for some years. The only missing link in its chain ot roads bringing it to tide- water js the Reading-Central of New Jersey, which is vet to be secured. It is understood to have about a 40 per cent stock interest in the Reading. The e HAND TAILORED BY FRUHAUF Nothing is neglected and nothing is over-emphasized in these overcoats but quality. They are authentically modeled for the man who wants style. . . . They are hand tailored in fabrics that satisfy the man who wants service ... They are in every desired coloring . . . They are a good investment in good appearance. May we show them to you? Sidney West, Inc. 14th & G Sts. Interstate Commerce Commission plan of consolidation allocated this road to the Baltimore & Ohio. Wall Street has placed a great deal of confidence in the successful outcome of the negotiations between the trunk line' systems and today refuses to be- lieve that the case was a less one, feeling that there is luchhn?n urgent demand Jor a cordial entente being established that it will eventually be brought about either through ba influence or by some other outside lead- ership. (Copyright, 1930.) INVESTMENT BUILDING s IX highe-speed elevators, gare age in basement; building open on four sides. H. L. RUST COMPANY Agent ERCOATS *50 AND MORE C. GOTT—PRESIDENT A SMALL GRAND PIANO o, %425 fastest growing dairy— Over 8,000,000 quarts of milk sold in the past year FAIRFAX FARMS DAIRY 1620 First St. N.W. JERSEY “GRADE A” HIGH TEST MILK, 15¢ QT. For Delivery at Your Home Call—Potomac 2301 This Dairy is not connected in any way with any dairy or combination of dairies either in or out of Washington. It is owned and operated exclusively by, Washington people. MARK DOWN SALE Now takes place on the balance of the furniture from the two recent fires of HUB FURNITURE CO. WAREHOUSES, now owned and being sold by IRA A. WATSON & CO. from two places— 8th & Penna. Ave. S.E. 915 E St. N.W. A few months ago we opened this sale. We had priced the goods at approximately wholesale cost. Since that time we have reduced the prices Now we mark down again for the fifth and 10%, on four different occasions. FINAL time, making the cost to you about 509, less than wholesale cost. COME IN AND SEE FOR YOURSELF TOYS COAL RANGES GLENDALE COAL RANGES —in perfect condition. A real stove for a real cheap price. 17 CirculatingHeaters|| CAMP STOOLS Parlor type, walnut-finish coal LINOLEUMS || PINING RO 20c 7. 85¢ || $36: . s55.» . LOTS OF GOODS LEFT—AND IT ALL MUST GO. Stoves, rugs of all kinds, dressers, smokers, desks, costumers, dishes, tables, kitchen cabinets, odd pieces of furniture, etc., etc. ; You can’t afford to miss this sale. little to buy. Nory " Sale Going On From Two Places 915 E St. N.-W. 8th & Penna. Ave. S.E. Look for the Red Wiridows and the Name IRA A. WATSON & CO. Tricycles, blackboards, Kiddy Kars, doll furniture, doll car- riages, scooters, etc., etc. SEE THESE TWENTY-FIVE DOLLARS FIRST PAYMENT TWELVE DOLLARS A MONTH ! Now about the Grand itself! [ * thousands of post offices in the United States and asked the Government to take care of their money. |~ That's why, without noise or blare of | trumpets, the postal savings deposits n the United States post offices totaled | $192,000,000 October 31—an increase of | more than $15,000,000 above the record | war peak. And noboby can deposit cver $2,500 with the Government. Now Postmaster General Brown is acking Congress to increase ths maxi- mum deposit allowed from $2500 to $5000. The deposited money usually comes not by withdrawals from com- mercial and savings banks, but from | old bags, cigar boxes, shoe boxes, socks, baskets, jars and the like. It is really | new money—much of it—which has been hoarded thus—through fear and | ignorance. | A game full of fascinating problems and excitement— but you don't have to have the patience of a patriarch to play it! $2.50 and $5. See this game and the many others in Spalding's great game collection! pinG pom/ i 8L ""fif | "*“The postal system is the logical St = | refuge for the timid and functions best / / {in areas of financial stress,” says Mr. | Brown, who reports that the total num- ber of depositors increased during last year from 416,584 to 466,401, while the average emount per individual grew from $368.82 to $375.80. The bill to allow the deposit limit to be increased should be passed by | Congress. A wonderful opportunity to buy a grand for the fam- ily for Xmas. No doubt you have always wanted one. We will take your old piano in trade. You owe it to yourself—your family. Come in and see this amazing value that we are now offering as a Christmas suggestion. We have already placed aside many of these grands for Christmas delivery. Let us reserte one for you—a small amount reserves a grand for Xmas delivery. Striped canvas seats. 10c ea. DINING ROOM PING PONG. An old favorite thatishavingarousingrevival. Spalding offers a wide variety of sets priced from $2.50 to Sk = . i $12.50. Official tables $35. || | rye 1atest igures show that the total volume of trading on the New York | Stock Exchange has declined about 25 | per cent this year below last year's figures. The record on the New York Curb is even more impressive, trading | having drcpped more than 50 per cent. , . For the first 11 months of 1930 the total sales traded in on tho exchange were a little over §751,000,000 as against $1,041,000,000 a year ago, while on the curb sales were about $447,000,000 last year for the first 11 months as against 206,000,000 this year. | __This indicates rather impressively the | present condition of business. (Copyright, 1930, by North American News- paper Alliance.) The The The The The The House of Jordan recommends the Grand. material and workmanship are of the best. i Up to Grand is so constructed as to last. Sq. Yd. tone is surprisingly big and beautiful, [finish of the case is wvery pleasing. ; action is light and responsive. DERBY DAY. A lively horse- || ! racing gameinwhich thehorses | run and clear hurdles. As great | ’ afunbargainas $5ever boughe. SECTWS.TO_MEXIGO It will cost you nothing to look and very, Doukhobors in Russia May Migrate if Deal Is Made. NELSON, British Columbia, Decem- ber 3 (#).—J. P, Shukin, an official of the Christian Community of Universal Brotherhood, said today that negotia- tions with the Mexican government for settlement of 20,000 members of were in behalf of WE ARE OPEN EVENINGS UNTIL NINE O'CLOCK 1239 G Street, Cor. 13th £