Evening Star Newspaper, February 14, 1931, Page 2

2 * - SANDINO TO FIGHT * UNTIL MARINES B0 Spokesman in Mexico Says Nicaraguan Wilk Retire if Americans Leave. MEXICO CITY, February 14 (®).— Augustino Sandino, Nicaraguan insur- gent leader, is determined to continue his fight for complete Nicaraguan in- dependence until the last American Marine has left the country, his repre- sentative, Dr. Pedro Jose Cepeda, said ay. The plan of the American State De- partment for withdrawal of Marines will not bring immediate peace lnz Nicaragua, he said, and any scheme for gradual withdrawal of armed forces means_that guerrilla warfare will con- tinue for at least another year. Denying that Sandino aspires to be President of Nicaragua, Dr. Cepeda said he was authorized to promise that when the Marines are withdrawn San- dino will disarm his men and either leave Nicaragua or retire to private life there. COST U . $5,500,000. Marines Had 300 Battles and Lost 42 Men in Nicaragua. It cost the Marines a little more than $5,500,000 to stay in Nicaragua and to fight more than 300 battles and brushes with insurgents, but only 42 of their number have been killed since 1926. Now that it has been deeided to bring the Devil Dogs out of the Central American republic, the cost can be totaled. The cash figure given, of eourse, covers only the difference in the expenditures for the force ovet and above what would have been spent upon it at home. Disease Takes, Toll. The number of dead, tdo, represents only those killed by the “enemy.” Others lost their lives in accidents or sickness, but they are more difficult to charge against the Nicaraguan ac- count, as such fatalities occur every- where, ‘The withdrawal plan announced yes- terday by Secretary Stimson called for fmmediate shipment home of the en- tire combat force. This movement can be completed by June. Then there will remain in Nicaragua about 500 Marines, incipally engaged in training the Na- g‘;ml Guard or,_ in the alr unit which will have to be kept in the country to maintain communication with the hinterland, which has neither roads nor raflways. All Out Next Year. ‘The thhmwn,m%d]courfi; 'd;p;&% n Nicaragua’s ng 5 ?tgoown Nltglnll Guard, but this has be;any Bext year every American Marine should be out and home, or in some other corner of the world, where Amer- ican expeditions still remain. e R TAX RAISE OR BOND ISSUE PREDICTED IF BONUS BILL PASSES (Continued Prom First Page.) sales of securities to the public in order s to pay cash to the veterans.” Aside from the merit or demerit of the proposal, he continued, the impor- tant consideration was the amount the ‘Treasury could borrow without disor- the bond market, upon which must depend to cover its obligations. *This question,” said, “cannot be ted from the present finan- clal situation of the Treasury. * * * ‘We are oonfronted with a probable deficit of not less than half a billion dollars for this fiscal year, which also are steadily falling behind, not only the figures of last year, but below what a; rnmm‘bly preewd to_receive at beginning of this year.” Mellon udfied ‘the !Tm o g R ropriations for public an %«J a statement o? the public debt situation showing that in the next sev- eral years there will be billions of old obligations to refund and short-term borrowings to refinance. Outlook for Treasury. “Present indications are that there will be no decrease in the public debt, but, rather, an increase this fiscal year and a very material cut in the esti- mated debt retirement figures for 1932 and 1933," he continued, “so that in the three-year period the public debt will be reduced by probably not more than $800,000,000 or $900,000,000, leav- ing a short-term debt outstanding on Junsozo, 1933, of approximately $2,200,- 000,000 “This is altogether too large, ©of the necessity of making provision for ae I‘u;x;;h Liberty loan bonds in Octo- ‘The Liberty bonds which become icallable then and mature in 1938 total $6,268,000,000. Mellon said he regretted he could not recommend the veterans’ legislation, but asserted the cumulative ;flect of I;};e factors he outlined made e BUREAU READY TO ACT. Jceps Informed of Legislative Proposals Affecting Veterans. By the Assoclated Press. When Congress decides how much fmore, if any, veterans should be per- mitted to borrow upon their service cer- tificates and provides the money, the Veterans' Bureau is ready to start lend- Director Ijams disclosed today that as fegislation was presented at the Capitol, the bureau kept abreast of it with ten- tative plans for necessary administra- tive changes. 1f the plan of permitting veterans to borrow 50 per cent of their certificates is declded upon, however, bureau offi- cials said the Treasury would bear the heaviest burden. Many Loans Outstanding. ‘They pointed to 1,384,036 loans out- , totaling $258,131,516, with the amounts on each certificate ranging from a small per cent to the maximum of 22 and a fraction per cent now al- Jowed. The certificates range upward “OTN) $700 to a maxirum of around #$1,100. One million six hundred thousand former soldiers are on the “loan rolls,” &s having. at one time or another, bor- rowed upon their certificates, with a total of 2,621,337 loans made by the bureau through November 30. Many of have handled, according Bureau records, only 140,000 loans, total- wzb,zsa.zoo, or 10 per cent of total More Bank Loans Seen. Officials expect, however, that an in- in the amount that could be action. ‘Bmu&aumvedw r:?redmmnfinws it. Banks also are limited to 2 per cent reduouu_nt:u.hnt cent unless FORUM SPEAKER TO OPPOSE FOOD AID. REPRESENTATIVE CRAMTON. CRAMTON T0 TALK AGAINST FOOD AID Will Reply to Robinson Plea Tonight in National Radio Forum. Representative Cramton, Republican, of Michigan, tonight will present the arguments of the administration forces in_ Congress who have oppuse? a $25,000,000 appropriation to buy Tood for drought sufferers, when he speaks in the National Radio Forum, arranged by The Washington Star and broad- cast over a coast-to-coast network of the Columbia Broadcasting System. Mr. Cramton will speak through ‘WMAL at 9:30 o’'clock. Mr. Cramton's address will be in reply to that of Senator Robinson of Arkansas, Democratic l-ader, who last week was the Forum speaker, and who advanced the cause of those advo- cating a fund of this sort, which its opponents have termed a “dole.” Particular interest will attach to the Cramton speech, inasmuch as a com- promise now has been worked out by Senate and House conferees under which $20,000,000 would be. made a able for relief in the form of loans, and this plan came before the Senate for vote this afternoon. The legislation is embodied in the annual Interior Department supply bill, as chairman of the Hous: subcommittee handling this measure, Representative Cramton has taken a very active part in carrying on the battle of the admin- istrgtion forces. > Michigan man is retiring from Congress n:xt month after serving 18 years, during which he has, won recog- nition as one of the most forceful speakers in the House. YALE’S OLDEST GRAD DIES IN 100TH YEAR Edward P. Bradstreet, Active Cin- cinnati Barrister, Was Civie Leader. By the Assoclated Press. CINCINNATI, Ohio, February 14.— Edward P. Bradstreet, oldest graduate of Yale and Nestor of the Ohio bar, died at his home here early today. He was 100 years old. The aged barrister, who until the last year or two had maintained his law office and took a prominent part in civic affairs, had failed gradually for some time. Recently he was crit- ically ill, but managed to rally. Bradstreet was a member of the famous class of 111 which finished Yale in 1853. He celebrated his one- hundredth birthday last June 5, when he was honored at a banquet by the Yale Club. - The centenarian main- tained his interest in Cincinnati affairs almost to the last. Gymnastics, he said, enabled him to achieve his long life. During his career as an attorney, he was at one time personal attorney to the late Eugene Zimmerman, father of the Duchess of Manchester. fpiess= et AR JACKET IS KIDNAP CLUE TEXARKANA, Tex, February 14 (#)—A patched woolen jacket, given R. W. Hanks, Redwater banker, by a man who kidna) and later shot and woun: , led to the indict- ment of Jess “Blackie” Glasscoe for robbery with firearms and assault with intent to murder. Hanks, 55, was kidnaped from his home in Redwater December 7 and marched 10 miles througlr woods by his captor. The banker finally was shot three times when the kidnaper l:a)lrmuy became disgusted after con- federates failed to arrive. Indictment followed identification of the jacket as one formerly worn by Gi . He wag held in the county jail, but denied Film Stars BILL PASSES HOUSE Supply Measure Increased to Provide for High-Speed Planes Experiments. \ The Senate today had on its door-| step® the $348,830,000 naval supply bill, | following passage of the measure by the House yesterday without a dissenting | vote. . In approving the bill, the House de- feated an attempt by Representative Ayers, Democrat, of Kansas, to have inserted a provision for withdrawal of the Marines in Nicaragua. Increased from $344,342,000 by the House, the bill now carries amendments providing funds for experiment/ng with high-speed airplanes, scrapping two battleships decommissioned under the London naval treaty and for construc- tion at shore stations. Personnel Limit Removed. Backing up recommendations of the Navy Department, the House overrode its Appropriations Committee and' dis- pensed with limitations proposed on officer personnel. By removing a limit of 5499 line officers, the House pro- vided for commissions for the 1931 graduating class of the Naval Academy. It also struck out the provision to re- strict the number of high ranking offi- cers in the Bureau of Aeronautics. Two World War veterans, Represent- atives La Guardia of New York and Maas of Minnesota, succeeded in having adopted an amendment carrying $220,- 000 for experimentation with high-speed airplanes. They declared that within two years, British service planes would exceed in speed those of the American Army and Navy 50 miles an hour un- less faster planes were developed in this country. It would be fatal, they said, for slow planes to engage fast ones in combat. This increased the nayal avia- | tion allotment to $31,070,000. Sum to Battleship. The sum of $779,000 was inserted to caegvert the battleship Wyoming into a training vessel and the Utah into & radio-controlled target ship, while $3,- 379,000 was allowed for shore construc- tion and $110,000 was added to the sub- sistence fund of the Marines. No proj- ects were named in the construction amendment. An amendment by Representative Black, Democrat, of New York to ap- propriate $4,500,000 to construct four destroyers authorized in 1916 was de- feated. In offering it, the New Yorker assailed Representative French, Repub- lican, of Idaho, in charge of the bill, as “inland Congressman” who “‘does more to discourage our Navy men, to lessen our naval strength, than all the conferences we have ever had.” The measure, as finally passed, is $32,000,000 less than was appropriated for the current year for the Navy. * MOSCOW NEWSPAPERS HIT AT U. S. EMBARGO Forced Labor Charges Are Held “Ridiculous” and Retaliations Are Threatened. By the Associated Press. MOSCOW, February 14.—Moscow newspapers, commenting today on an American embargo on Russian lumber, reiterate assertions that charges of forced labor in the Soviet Union are “ridiculous” and threaten retaliatory measures. Pravda, asserting that America’s ac- tion, will be felt as keenly by American business as by Russian, asserts the em| o “will endanger future indus- 4rial relations between €he two countries lect the balance was more than $100,000,000 in America’s favor.” Says Izvestia: “If the American Gov- ernment will consider the bulk of Soviet trade with the United States, it will soon be convinced that if we need America, she also needs us. Anti-Soviet measures adopted by foreign govern- ments were foreseen months ago -by the Council of People’s Commissaries, which authorized the commissariat of trade to adopt corresponding measures.” “In the past,” says Economic Life, “American anti-Soviet' outbursts were based on forged documents; now they consider it wiser to base them on charges of some anonymous observer who probably doesn't exist at all. These lumber embargo charges obviously are part of a conspiracy to defeat the five- year plan” N\ AIR STOCKHOLDERS SUE Juggling of $1,560,000 Charged on . Marchetti Motor. SAN FRANCISCO, February 14 (#).— Fifty-eight stockholders of the Mar- chetti Motor Patents, Inc., and the United Tall ition have brought $1,560,000, charging tha been “juggled and dissipated” through an_interlocking directorate. Among the defendant officers and directors of the two concerns named are Lieut. Comdr. George O. Noville, companion of Rear Admiral Richard E. Byrd on his transatlantic and North Pole expeditions; Capt. A. 1. Eagle, former Army aviator; Dr. R. P. Gio- vannetti, vice president and secretary; Peter Lippi, treasurer, and Directors Prank Santina and G. Gianinni. ‘The Marchetti concern was organized by Paul Marchetti, Italian inventor of an airplane motor. to Separate USED AIRPLANE TO GET MARRIED. INA CLAIRE. By the Assoctated Press. JOHN GILBERT. seems to want.” Later she issued the following statement: “On my arrival in Los Annlf: today, rate. and - have had probably at least are lg_!mntfib my fault as his. 3 that I have recently been felt 1t vnlfi fair and more comf for Mr. Gilbert, myself and our mr:mnned ::mu:ummch a home of Ronald Colman, Miss Claire’s telephone call had summoned him from a game of tennis, He ye- fused to comment. Educator Dies DISTINGUISHED CAREER ENDS AT AGE OF 69. [BTHEL DR. HOWARD L. HODGKINS. DR.H. L. HODGKING, G.W. U. DEAN; DEAD Distinguished Career as Edu- cator Ends at 69—Funeral Tomorrow Afternoon. Dr. Howard Lincoln Hodgkins, dean of George Washington University since 1923 and professor of mathematics there, died in George Washington Uni- versity Hospital last night after a long illness. He was 69 years old. For manv yearz associated with the university in various important ca- pacities, Dr. Hodgkins had attained a national reputation as an educator. He was.closely linked with the university's growth and development. During his period of service at ¢he university he had held the positions of dean of the department of arts and sciences, dean of the College of En- gineering, dean of the Corcoran Scien- tific School and professor of mathe- matics. Served as Presideny. Dr. Hodgkins also had the distinction of serving §s acting president of the university trom 1921 until 1923, when he was named dean. Besides his work at the university, Dr. Hodgkins had been prominent in many school activities and various sci- entific organizations. He was the author of the “Historical Catalogue of Columbian Unlvem:‘; and at one time was director of Columbia Institute for the Deaf. Organizations of which he was a member include the Washington Acad- emy of Sciences, the Philosophical So- clety of Washington, the American Mathematical Society, the Mathemati- cal Association of America, the Ameri- can_Association for the Advantement of Science, the Cosmos Club and the Federal Schoolmen’s Club. Native of Illinois. Born in Elgin, Ill, January 23, 1862, Dr. Hodgkins was the son of David and Harriet Shears Hodgkins, Coming to the National Capital in his youth, he was graduated from Washington High School in 1878 and from George Washington University in 1883. He held the degrees of bachelor of arts, master of arts, doctor of philosophy and doctor of sclence. Early in his career, from 1882 to 1892, he was special computor for the Nautical Almanac Office, United States Navy. He became connected with the old Columbian University, now George ‘Washington University, in 1883. FPirst e held the position of tutor, then as- sistant professor, professor, and the other offices. Dr. Hodgkins is survived by his widow, Mrs. Marie Wilkinson Hodgkins; two sons, Howard W. Hodgkins and George W. Hodgkins; a sister, Miss Jessie E. Hodgkins, and a brother, H. Grant Hodgkins. The Hodgkins home is at 1821 Kalorama road. Funeral services will be held in Cor- coran Hall of George Washington Uni- ver]::g; tomorrow " afternoog at 3:30 o'clock. CITY NEWS IN BRIEF. TODAY. Entertainment, dance and card party, Ruth Chapter, No. 1, O. E. May- flower Hotel, § . Ball, British United Athletic Club, Lee House, Fifteenth and L streets, 9 p.m. Card party, Good Will Chapter, No. 36, O. E. 8., card club, 658 'th street northeast, 8 p.m. Card party, Boosters Club, 1750 Mas- sachusetts avenue, 8 p.m. Card party, Home and School Asso- ctation, Capitol Helghts School, 8 p.m. Ladies’ minstrel show and dance, Parent-teacher Assoclation, Columbia Park School, Columbia Park, Md., 8 p.m. Dinner, Ohio State Girls’ Club, May- flower Hotel, 6:30 p.m., Dance, Upsilon Lambda Phi Fra- ternity, Hamilton Hotel, 10 p.m, * Banquet, Masters’ Association of 1925 (Masonic Qrder), Hamilton Hotel, 6:30 p.m. Banquet, disabled_emes cy officers of World War, Hamilton, 7 pm. Dance, Assumption Auxillary, No. B R cohgraas Heigtee, Masano tion , Congress Heights, c Hall, Fourteenth and U streets south- east, 8:30 p.m. Meeting, Mount Pleasant Citi%ens®| Association, Mount Pleasant Branch Public Library, Sixteenth and Lamont streets, 8 pm. Dance, Sigma Beta Sorority, Carlton Hotel, 10 p.m. FUTURE. Dance, Vohliner Ladies’ Relief So- clety, Almas Temple, tomorrow, 8 p.m. Hike, Wanderluster Club, start Wis- consin and Massachusetts avenues, to- morrow, 2:45 p.m. . BAND CONCERT. \By the United States Soldlers’ Home Band Orchestra, this evening at Stan- ley Hall at 5:30 o'clock. John S. M. Zimmermann, bandmaster; Anton Pointner, assistant. Mar p With Pep' Overture, “L’Exultante Gabriel-Marie Suite romantic, “Carnival Venetian” Burgmein «“Plorinda,” “Resaura.” “Seigher dAriequin” Excerpts from musical comedy, “Nina Fox t, “Waiting at the End of Valse, “Charm! “The Star-Spangled Banmer. D. C., SATURDAY, FEBRUARY ILEROY BRADY GETS 10 YEARS IN PRISON Charge Against Brother in Bombing Case Is Nolle Prossed. Special Dispatch to The Star. ANNAPOLIS, Md., February 14.— Lawrence Leroy Brady, Washington au- tomobile mechanic, who was convicted two wecks ago of second-degree murder in connection with the Seat Pleasant bombing, which resulted in the death of his sister-in-law and two small chil- | dren, was sentenced to 10 years in the | penitentiary by Circuit Court Judge Robert Moss today. The maximum sen- tence would have been 18 years. Asked if he had anything to say be- fore being sentenced, Leroy told the court he was absolutely innocent and did not know who committed the'crime. Brother Is Freed. Prior to the imposition of sentence, States Attorney Alan Bowie and the other prosecuting attorneys nolle prossed a murder charge against Herman Brady, brother of Leroy, whose 18-year-old wife, Naomi 1l Brady, opened the bomb which had been disguised as a Christmas present and addressed to her. In imposing sentence Judge Moss de- clared that while everybody agreed that if Leroy Brady was guilty of the crime, | he should pay the exireme penalty, the court could not fail to take into consideration the large elemTt of doubt in the case as evidenced by the fact that the Montgomery County jury which first heard the case could not agree, and by the “compromise” ver- dict returned by the Anne Arundel County jury. Following a conference between de-| fense and prosecuting attorneys it was | announced that no appeal would be taken by Leroy's counsel, but that they would enter a plea of former conviction in regard to the two other indictments against their client. The additional charges accused Leroy of murdering Naomi's sister Dorothy and her baby brother, Samuel, the two other victims of the bomb. Prosecution Concedes Point. In consideration of the defense agree- ment not to appeal the case, the prose- cution conceded the “former convic- tion” plea, so there will be no further trial of Leroy. ‘The bomb which took the life of | Naomi Brady and her brother and sis- ter exploded while being opened in the home of their parents, Mr. and Mrs. John Hall, in Seat Pleasant, New Year day, 1930. The Brady brothers were indicted the following April by the Prince Georges County grand jury. On motion of the defense the case was removed to Mont- gomery County, where Leroy elected a separate trial, but the jury failed to reach a verdict. A change of venue was then sought by the prosecution, and the second trial resulted in the conviction of Leroy; s JUSTICE HITZ TAKES APPEALS COURT: OATH Formerly on Supreme Bench of Dis- trict, He Is Sworn Into New Office. Justice Willlam Hitz, recently ad- vanced from the District Supreme Court to the District Court of Appeals, was sworn in yesterday afternoon as a member of the latter tribunal., The oath was administered by the clerk of the Court of Appeals in the presence of Chief Justice Martin and Assoclate Justices Robb and Van Orsdel. Justice Hitz had been on the District Supreme Court bench since 1916. POLICE BREAK OWN DOOR WHEN ALARM GOES OFF ‘When the burglar alarm in the chief clerk’s office at police headquarters rang loud and long yesterday afternoon and police could not find the key to the | barred door of the room, consternation reigned. Two husky policemen, Sergts. Ben- jamin Kuehling and A. T. Fihelly, threw themselves against the door while Sergt. Hugh Brodie ran up the | fire escape to prevent the “thief's” escape and Lieut. C. P. Cox went in quest of the key. The door gave way Wwith the batter- ing of Kuehling and Fihelly. The alarm had been set off by, the | slamming of & door by the wind. g e LINCOLN DAY SERVICE The Lincoln Mutual Relief Associa- tion will celebrate the 122nd anniver- sary of Abraham Lincoln and the twentieth year of its organization, to- morrow at 8 pm., in the auditorium of the New Masonic Temple, Tenth and ‘You streets. The address will be delivered by Dr. John T. Risher. e divine oration will be delivered by Dr. J. H. Curtis. Among the other participants are Lucian Thompson, Laurence Curtis, Dr. W. H. Jackson, and Rev. J. N. Beaman. It is under the auspices of the Institutional 14, 1931. Text of Mellon Statement Disruption of Governme nt’s Financial Plans Seen If Bonus to Veterans of $700,000,000 Must Be Raised by Treasury. ‘The full text of Secretary Mellon' letter to Chairman Hawley of the House Ways and Means Committee follows: In response to your request that the Treasury comment on H. R. 17054, with particular reference to the financial re- quirements which it creates and the probable effects on' the Government finances and public debt operations, I submit the following: ‘The bill amends the war adjusted compensation act by-increasing the loan value of certificates up to 50 cent of their face value. As the face value of these certificates is $3,440.000,000 in round numbers, this proposal establishes a potential Hability $1,720,000,000. ‘What proportion of these loans will be demanded by the veterans cannot be determined, It will depend upon the circumstances. ‘The estimates run all the way from $550.009.000 to_$1,000,000,000 of loans beyond“those already made. The sug- gested use of the adjusted service certifi- cate fund does not alter the situation, as these reserves are in Treasury obliga- tions which will need %o be_ converied into cash by means of sales of securities to the public ‘in order to pay cash to the veterans. May Need $1,000,000,000. In this connection I think I should call attention to the fact that the only funds made available for meeting this liability of $1,720,000,000 are those in the adjusted service certificate fund amounting to $772,000,000 less $21,- 000,000 which must be reserved for the payment of death claims.this year. This would indicate that unless Congress is prepared to incur an obligation without providing means of meeting it, an ap- propriation of approximately $1,000,000,~ 000 is necessary. Aside from the merit or demerit of the proposal, the important considera- tion is the amount of cash that can be obtained by the Treasury through bor- rowing without disorganizing the fi- nances of the Government and adversely affecting the security market to which the Government must resort to cover its obligations. ‘This question cannot be disassociated from the present financial situation of the Treasury. That position is at best a trying one at this time and the diffi- culty of ob ing these additional great sums cannot be fairly appraised if considered alone or as if times were normal, but only if this consideration is made a part of the general picture and viewed against the background of the great financial problems already facing the Treasury. Half-Billion Deficit Seen. We are confronted with.a probable deficit of not less than a half billion dollars for this fiscal year, which must also be made good by borrowing. The revenues of the Government are steadily falling behind not only the figures of last year, but below what we reasonably expected to receive at the beginning of this year. In addition to the normal expenditures of the Gov- ;n-:im;n:‘,d;ler have been called upon to nd fu or emergency purposes of various kinds, including relief measures and an increase in public works and construction activities of the Govern- ment for purposes of increasing employ- ment. For construction work alone we will spend this year over $600,000,000, as_compared with $275,000,000 in 1928. If the bill in its present form becomes law, the funds to be provided must be raised either in the first instance or at a comparatively early date by long-term bond issues. The ry, even with- out this burden, is already in a difficult position. A statement of the public debt situation will make this entirely clear. There is at present outstanding a_ short-term debt of approximately $2,800,000,000, which, under existing circumstances, is already m large. On March 15 next $1,109,000, of old ob- ligations mature. In June, $1,933,000,000 of First Liberty loan bonds become callable, of which $536,- 000,000 bear 4%, per cent interest. In October, 1933, $6,268,000,000 of Fourth Liberty loan 4%, per cent bonds become callable. Irrespective of the desirability of re- tiring the $536,000,000 First ~Liberty loan 4%, per cent bonds and the $6,268,- 000,000 6f Fourth 4), per cent Liberty loan bonds because of the high inter- est rate they bear, it is obvious that refunding o?ernuon.s must be under- taken in 1933, since it is unthinkable that $6,268,000,000 of obligations should be allowed to mature in the single year 1938. It is evident, therefore, 'gllt im- portant refunding operations must be | undertaken both in the immediate and the near future. Big Short-Term Debt. On June 30 our short-term debt amounted to something over $3,000.- 000,000. At that time it was reasonable to anticipate that ordinary debt retire ments-hrough sinking fund, foreign re- | payments and other smaller amounts would permit the reduction of the short- | term debt by about $1,800,000,000 in the | three-year period ending June 30, 1933. Present indications are that there will be no decrease in the public debt, but rather an increase this fiscal year, and a very material cut in the estimated debt retirement figures for 1932 and 1933. 8o that in the three-year period the public debt will be reduced by prob- ably not more than $800,000,000 or outstanding on June 30, 1933, of ap- proximately $2,200,000,000. This is altogether too large an amount in view of the necessity of making pro- vision for the Fourth Liberty loan bonds in October, 1933. At least a billion dollars should be refunded some time before that date. If to this be added 700,000,000 or more required for loans on adjusted service certificates, it besy comes apparent, that, leaving out of consideration the first 4% per cent Liberty loan bonds, it will become neces- sary to undertake in the courfe of the next 28 months, exclusive of those of March 15 next, refunding operations to the extent of $1,000,000,000 and, in addition, to raise $700,000,000, more or less, of new money, which, directly or indjrectdlf must be obtained through the medium of long-term securities. One Month’s Offering. Coming to. the operations that must be conducted next March, if the ‘Treasury is obliged to borrow $400,000,- 000 to take care of the potential loans that may have to be made until the June quarter day, the Treasury will be obliged to offer a billion and a half of securities in a single month, of which $1,100,000,000 “will be of a refunding character and $400,000,000 will have to be sold to new buyers to obtain addi- “%Bhe Trgairy wishes eammestly e ury €S earn to call attention of the committee to the cumu- lative effect of all these factors which make the problem of current financing extraordinarily difficult, particularly in view of the desirability of the Govern- ment’s not making too great demands upon the investment market at this time. I regret that I cannot, in view of the situation explained above, approve of the Treasury assuming the obliga- tions imposed by this bill. I cannot too urgently recommend that this measure should have re - ation in order that it should be placed upon a basis which will not damage our whole financial position. MAN WITH BROOM ATTACKS BANDITS AND HALTS ESCAPE (Continued Prom First Page.) turned to the cellar door, released the druggist, forced him to give up $6 he had in his pockets and locked him up again. Meanwhile, Mr. Imirie, who was sweeping the cellar of his wife's res- taurant, the “Paddy Kitch Inn,” which adjoins the pharmacy, heard the noise and told his wife. While Mrs. Imirie was telephoning the Montgomery Coun- ty police at the Bethesda substation Mr. Imirlfe was running from the res- taurant, broom in hand. The restaurant fronts on the old Georgetown road, while the drug store is on Wisconsin avenue, the two streets forming an acute angle at that paint. Just as Imirie reached the entrance of the pharmacy the young bandits were coming out. He fell upon them with the broom and one of them jammed a gun in his ribs. Nothing daunted, Imirie continued to wield his improvised weapon and three of the robbers fled in confusion to their car. ‘The way of Wiggs, however, was mo- mentarily blocked and he was left be- hind. Mrs. Imirie, at the door of her restaurant, saw him run up the Old Georgetown road and hide behind a grocery store. She notified police and he was found by Policemen Robert Howes and Edward Shoemaker. His gun was found nearby. Union Mission. Wiggs first attempted to mislead the officers as to the identity of himself and his companions. Later he broke down and made a full confession to Sergt. Leroy Rodgers, commander of the substation. Sergt. Rodgers, Corpl. Oscar Gaither and Shoemaker brought Wiggs to ‘Washington. Headquarters Detectives Cole and Barrett were picked up and Wiggs led them to Steelman’s home, |8t da: He was arrested. They then went to the room which O'Brien shared with 192, | BLAINE STANDS PAT ON FUNDS CHARGES Reply to Nutt’s Statement Says Latter Will Have Chance to Testify. By the Associated Press. Despite deaials from Postmaster Gen- eral Brown and Treasurer Nutt of the Republican National Committee, Chair- man Blaine of the Senate Postal Lease Committee insisted today that bene- ficiaries of postal leases have contributed heavily to Republican campaign funds. His only reply to Nutt's assertion he was a “loose-tongued” Senator was that Nutt would have an opportunity to re- but the contributions testimony after it has been placed in the committee record, adding the committee might call Nutt to testify. The chairman has said he has evi- dence which he will put in the record $900,000,000, leaving a short-term debt | postal at a later date of large contributions to Republican campaign funds by bene- ficiaries of the leases. Treasurer Nutt says Senator Blaine's intimation that lease beneficiaries con-~ tributed a million and a quarter to the Coolidge and Hoover campaigns is utterly false and entirely inexcusable.” “Just another instance of a loose- tongued Senator making statements which are false,” the treasurer said in a formal statement given out by commit- tee headquarters last night. List Open to Public. Every conribution of $1 or more re- ceived by the committee since he be- came treasurer, said Nutt, has been listed in a file at the Capitol, which is open to the public. Only one contri~ bution came from any one figuring in tal leases during that time, he added. STthul:u’i. szodo u&nt in by J. A. Love of 3 s _an returned to the Missouri State Com‘gl?tm. “‘Considering that the charges fathered by Senator Blaine contain not a shadow of truth,” said Nutt, “I presume that he did not avail himself of these rec- ords. Such an omission was inex- *Siaine, proper e, however, said at the “| time” he would produce evidence of large political contributions. His first mention of these occurred in a ques- tion directed at a witness appearing before Blaine’s Postal Lease Investigat- Elown yesicrdsy desoumega the sy b4 lay denoun the impli- u;'fmtxtu untrue. it 5 utt became treasurer of the Repul lican Committee in June, 1928. s DONATION NOT RECALLED. | St. Louisan Denies He Has Ever Been a Lessor of P. O. Properties. ST. LOUIS, Yebruary 14 (#).—John A. Love, president of Love gfl Co. - vestment securities, said last night he did not recall * any $200 con- tribution to a Republican cam mfi in 1928, but it is very possible I “If I did make any contribution. it was after T had been solicited by the State Committee and the check was shington through error. I don't remember the occurrence at all, v denid e had : ve ever been a lessor of post office properties, saying the only possible connection he could have had with such leases was his firm's under- writing some post office issues to lessors. WILD OIL WELL ROARS ON “NEW ENGAGEMENT” Efforts to Cap 600-Barrel-an-Hour Flow Awaited by 30 Families, ‘Who Fled Homes. i By the Assoclated Press. , February 14. Victorious in a flood-lighted night bat- Ue, a wild ofl well, Mary Jane Unsell No. 4, mlr:i into another engagement Wiggs and took him into custody. From |Said Steelman and O’'Brien they learned where Adkins lived and he in turn was apprehended. ‘Wiggs told police that he came to Washington Sunday from Preston, N. C., with O'Brien to look for work. “O'Brien said he knew Steelman and thought he could get us a job. We didn’t get the job, and last night I heard the rest talking about a hold-up. I didn't want to join them, but they said I was yellow if I refused. - “We drove t the drug store,once and came back. All of us got out and the other three went inside, leaving me on the sidewalk to warn them if any one approached. All four of us guns. Steelman gave me mine.” $69.65 Cash Recovered. Practically the entire sum taken in the robbery was recovered from Steel- man, Adkins and O'Brien. Money found in their pocl totaled $69.65. They are said to have admitted that the cash was that taken from the pharmacy. The store is owned by James A. Fink, 4917 Forty-fourth street. A check-up this morning revealed that everything was taken from the cash register except about $1 in pennies. ‘The open safe, containing narcotics, and the liquor cabinet, which was un- locked, yere not disturbed. Rehearsing for Festival of Nations GIRLS BEGIN WORK In the photo, Reta Helmes, who is held at Wardman PII‘I’.‘ ON Miss Calvert, Miss Kitty Berry and and creating % 1 all the dancing MUSICAL SPECTACLE FOR CHERRY BLOSSOM TIME. vain to cap the geyser until late night. The task was abandoned daylight, with a new to be stabbed in les, evacuated Thursday night when clouds of gas were borne upon them by the wind. FISHERMEN FIND BODY AMOY, China, February 14 (#).— Fishermen working offshore today found in their nets the body of Joseph Herring of Los Gatos, Calif., petty cer of the U. S. S. Tracy, erboard here two ‘weeks ago. ‘Stores Will Close Early. Department stores of Washington will follow tMeir usual custom in *keep- ing ho:.en until 1 pm. on Washington’s birt! , February 23, decision made at a meeting of the Department Store Section of the Mer- chants and Manufacturers’ Association at a luncheon at the Raleigh Hotel yesterday. INCOME TAX FACTS. No. 13. Of the millions of income tax returns that are filed annually the vast majority are from per- sons. whose income consists of “compensation for personal serv- ices actually rendered.” All of the various types of e tion, unless such income is spe- cifically exempt by statute, should be included in the tax- payer'’s return of gross income, such as salaries, wages, fees, orariums, prizes, awards, pensions in recognition of past services,. In general, compensation for personal services should be reported for taxa in the _ear it is received or unqual- made subject to demand. If the services were rendered dur- ing the year 1929, or even prior thereto, but the compensation was not received until 1930, the year received whe e taspeger when the is reporting on the cash s cash_rece! net _income.