Evening Star Newspaper, May 18, 1931, Page 10

A—10 NATIONS SHUN LEAD N SLVER ROBLEN Writer Believes Effect on Trade May Bring Return of 1896 Agitation. BY MARK SULLIVAN. Examination of actual developments about an International conference on silver reveals that the present expecta- tion rests on having China issue th: call. In last week, it was expected Jepan might take the lead. Inquiry in that quarter revealed, however, that the Japanese government is not so ready to act as the promoters of the idea hoped. Speaking broadly, the. prevailing atti- tude of practically all the European governments and of our own is one of wishing the conference to be held, but of reluctance on the part of most of them to be the one to init'ate the call. ‘They are all dressed up and ready to ®o to the party but they want some one else to issue the invitations and take the responsibility. For this reluc- tance, each nation has its own reasons. A close survey of what is being done shows that as respects the United States, the principal active agencies promoting the conference are a small number of Senators from States haviRg Jarge silver mines, especially Senators Pittman of Nevada and King of Utah. They have in part an obvious interest | in making a better market for silver. Lately Senator Borah of Idaho has join. ed them. To stop with saying thes Senators are the principal activ agencies would be misleading. Sym- pathy for the idea of an international conference comes from some cf the most powerful and most conservative financial circles in the East. It is equally clear that thought about silver 1s increasing throughout the country as an incident of the business depression. It would not be impossible for this thought, some sound and some unsound, to become a formidable wave approxi mating the one which culminated in the ;;;ese silver” presidential campaign o Have Different Aims. ‘The several groups of promoters of .an international conference have two prineipal objectives widely differing Irom each other. One group wishes by international agreement to add silver to gold as a basis for currency, yith the purpose of greatly increasing the quantity of money in the world. The ratio commonly proposed is that an ounce of silver should be regarded as having a fixed value of one-twentieth of an ounce of gold. The present actual value of silver is about one-sixtieth that of gold. ‘To another group of promoters of an nal conference this purpose is utterly repugnant. If this second group felt that the conference woul result in making silver a basis of cur- rency in countries where gold is now the sole basis, they would much rather ot see the conference heid. This more | the generai public. |such a subject commonly leads to po- Ann Corio and Good Show Draw the Fans to the Gayety. (GINGER-SPICED amusement, served by funny comedians, good songsters and pretty girls, is attracting burlesque patrons to this week's Gayety show, “Jingle Jingle Girls. ! Leading the parade of talent is the | famed mistress of burlesque, Ann Corio. wh» is anpearing as the guest artist in this particular show, with no notable additions in her “lin: ance earlier in the Winte: however, seem to hig Ann and her appearance always raws the crowd. ‘Billie” Diamond, a dazzling brunette, also sings well, dances better, and helps to share the honors with the star. Tommy Miller and rry Se; ur, two ‘venders of comedy,” intersperse their fun with a bit of p: with it to good advas the straight man. s “Limehous=" discloses dramatic talent worth while in Charles Bonau, its B | The chorus is well costumed and attrac- tive to the eye. Seaside Park to | Open Next Saturday. | QEASIDE PARK will open i's regular season Saturday of this week and augmented train service will be ava |able for those who wish to make the |trip by rall. Trains for Chesapeake Beach, where ide Park is located on From tfie Front Row Reviews and News of Washington's The‘aters. headquarters, and Capt. Nosh Hazzard, an authority on matters piscatorial, is on hand to aid them in tracking down hardheads, that are said to be running | earlier than usual this Spring. | group of interpretative dances Saturday | | night in the Wardman Park Theater | before an audience that was enthusiastic | Bioccom Dance.” in its reception, tae fo.lo | number | sented for the first ‘time. her usual agility and poise supplemented by fine taste in the interpretative de- signs which she had arranged in the dances for her students. this capabie young dancer, and another who deserves THE EVENING STAR. WASHINGTON, D. €. MONDAY, MAY 18, 1931 MUSIC GARDINER DANCE RECITAL. SENIOR students of Lisa Gardiner | appear:d with Miss Gardiner in a | Of especial interest to | Gardiner was her | which _she She dis s of “Haunted, by Kathry vas one of two presented by special mention was encra Bell Jumps who won much ap- in her “Hoofer” icea. Wieniaw- .” by Alice Louise Hunter, | was one of several interesting numbers | auspice in which this young lady appeared. Tap | Wa sequenccs were arranged and taught by | ground just above the blue waters of | Beatrice Coles, while Miss Gardiner and | | Chesapeake Bay, lea: ot Line tation. which can trict Line cars leaving the Treasury Building. | Meantime, until the park opens, anglers are making the beach their tive quarters, especially in England The other category of proposals merely has to do with the marketing of silver | bullion by various governments. This type of proposal will not be so strongly debated. | | So much for the prospect as it is® |today. The fundamental argdment for doing something about silver has to do hiefly with China, which has a silver and not a gold basis for currency. The | drop in the price of silver from above {60 cents an ounce to below 30 has more | than cut in half the capacity of China to buy goods from the rest of the world. | The same condition applies to India |and other Asiatic nations where silver | |is the principal form of savings and | | treasure. It applies also to Mexico and |some other Latin American countires. | This is the alluring and compelling | fact which inspires all the agitation | from all quarters. Increase in the price of silver to even 50 cents an ounce, | whether brought about by international conference or otherwise, would enor- mously increase the capacity of many peoples to buy goods. The outstanding present development | in the situation as a whole is spread of argumentative interest in it among Such a flood on litical consequence: Christine Stewart were responsible for | lic, will be on the the costuming, which incldentally drew much favorable comment. Other students taking part besides those named were Faye Rogers, Evelyn Glasser, Margaret Becker, Jane Duns- combe, Katherine Vaughn, Maurine Mulliner, Beatrice Mullin, Leila Gurley, Eda Vomachky, Anne Vucinovich, Bar- bara Worrell, Betty Yoder, Christine Stcwart, Carol Baer, Anne St. John, | Louise Gardiner, Catherine Gardiner, Julie Harper, Margaret Cobey, Bernice Haimovicz, Jacqueline Kitchen, Mary Elizaboth Hunt, Betty Jean Wheatley, Virginia Hortenstine, Frances Rands, Mary Ettla, Elizabeth Berkeley, Betty Frost, Averill Stewart, Eleanor Haynes, Louise Mantz, Sylvia Weiller, Betty ‘Wolfe. Alice Canter, Lora Wills, Kath- leen Plazza, Phv'lis Speich, Betty Sahm and Charlctie Walton. The younger student dancers were | presented in a recital in the afternoon. students | with a few of the advanced assisting. Featured at this perform- ance was the “Fairy Tale Ballet,” in which 6-year-old Betty Jean Wheatley carried the leading role. She also was presented In a_solo number, “Cherry Miss Gardiner danced the famillar ard popular “Polka” in this afterncon peorformance. B. W. SCIENTIST TO SPEAK !Sir James Jeans to Address Na- tional Museum Audience Tonight. Sir James Jeans. former secretary of > Royal Soclety and one of the fore- | st living astronomers, will lecture at the National Mus:um tonight under the s of the Carnegie Institution of hington, of which he is a research clate. The lecture, which is free to the pul Depths of Space. SANICO BAKERY PRODUCTS Are Unvaryingly Good ...Day in and day out you’ll always find Sanico Bakery Prod- GANG WAR REVIVAL FEARED IN CHICAGO Capone Men Invade Territory of North Side Beer Baron—Coun- ter Move Is Expected. By the Assoclated Press CHICAGO, May 18.—The Herald and Examiner said today that Alphonse Capone mvaded 41 Northwest Side places, long icentified as being under the protection of Matt Kolb, czar of illicit traffic in that district, and left forders to buy their beer from Capone’s syndicate in the future. Kolb's gambling devices were all Te- placed by Capone’s, the newspaper sald. Police authorities of Chicago were Te- | ported to be fearing a sanguinary gang War as & | CLAFLIN Optician—Optometrist | 922 14th St. N.W. y Established 1889 FURNITURE RENTING | { | ‘ Fl RE | [auses 616 E SENW. Not for many years past has your money bought so much good meat. These lowered meat prices bring meat once again into the class of economical feods. 193 MODERN MEAT MARKETS IN SANITARY & PIGGLY WIGGLY STORES These Prices Effective Monday, Tuesday and Wednesday Fine Sirloin Steak - 33c Bottom Round Steak . .™ 29¢ Top Round Steak . . .™ 33¢ Porterhouse Steak . . . ™ 4lc Shoulder Lamb Roast . . ™ 15¢ Shoulder Lamb Chops . . ™ 23¢ Legof Lamb ......... = 30c Loin Lamb Chops . .. .. ™ 55¢ Rib Lamb Chops . . ...... ™ 49¢ ucts the same fine quality and flavor that result from a masterly combining of quality ingredients. Prime Rib Roast .......... » 29¢ standard. | One specific step this conservative | Phon conservative group believes, however, | that an international conference could take certain concrete, but less porten- | tious, steps which would be helpful | ° without at all threatening the gold An rtunity Quote | e o e A . Hamburg Steak . . group contemplatcs has to do with In- dis. Five years ago the British Gov- ernment declared for India a 10-year of adoption of a complete gold retired silver coins melted . sale of silver has had its part in de- mdn( the price everywhere. Hence suggesticn of completely conserva- tive bankers in America and Europe is that Great Britain she agree to “cease selling sllver from the Indian treasury. Accompanying this could be a “gentleman’s agreement” other nations, including America, not to see any of the silver they may have in ve treasury vaults until step " by their respecti: after silver shall rise to a price agreed | upon. Another step of the same kind would be that France and other Eurc- pean nations should return to the use of silver for small coinage instead of bronze and alloys which the paper, these nations have been using since t! Great War. This would provide an ditional market for silver bullion. 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