Evening Star Newspaper, July 9, 1931, Page 3

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

" RECHBANG HEAD " HUNTIVG FORLOAN Twer Starts (Pilgrimage. in Search of Credit to Sta- bilize Germany. .__(Continued Prom First’ Page.) the situation Lere will take a definite | 4rend for the better. Change Due in Eight Months. Within six or eight months the corner wnll have been turned. If the money is not found by the 2sistent Dr. Luther, then what? No- £oay seems io know, and those wiih Spinions prefer to leave them unsaid. Here arises another problem which y prove a stumbling block—namely, the French dctermination to make po nomic need. So long as it was a que: tion of the Hoover plan, the Germans were sure that President Hoover could not allow his scheme to fail, and they refused to give any political guaranties except the bare promise that they would not use any of the unpaid reparations $0 Increase their military budget. ¥ Opposes Customs Union. This does not eatisfy the French, who want the Germans to suspend construc- tion of the second wonder battleship and postpone the project for a customs union with Austria. This viewpoint, if one can judge by the opinions of such po- litically opposed English newspapers as the conservative London Times and the Labor Daily Herald, is shared by the British. Before the Hoov:r plan was accepted. British Charge D'Affaires B. C. ton and _American Ambassador Frederic M. Sackett visited Foreign | Minister Julius Curtius and asked| whether he would not postpone the cus- toms union project and battleship build- ing. The Germans refused to bind themselves politically. Today they cannot find shelter be- hind President Hoover unless British and American banks alone are prepared to satisfy the German credit demands. Dr. Luther will have to approach Paris in a humble frame of mind and, in the TFrench sense, “talk politics” which means giving political guaranties such as the PFrench require—or renouncing their desire for money. (Copyright, 1931 U. S. ISOLATION HELD ENDED. Berenger Says America Must Concern Self With World Affairs. PARIS, July 9 (#).—America has reached the end of her policy of politi- cal isolation, Henry Berenger, formor Ambassador to Washington, said today, and henceforth the United States ‘rust concern herself with the affairs of the vest of the world. * The most significant feature of the Hoover moratorium, he said, is the il- ustration it provides of the fact that 'diplomacy henceforth will be dominated by “intercontinentalism.” Commenting en last night's radio speech in Wash- ington by Acting Secretary of State Cestle, M. Berenger said: “The whole world is in peril the moment one nation is endangered. How- ever repugnant it may be to them, America and Europe no longer can evade the law which commands speed in all its forms. Would Widen Briand Plan. “For a dscade the United States has tried to imprison herself in the citadel of her own continent. In vain has she tried to obey President Washington's warning against foreign entanglements. Each year America is mixing more in the affairs of Europe.” He declared it would be stupid for Eyrope to think of existing alone, and asserted that if the European union projected by Aristide Briand is to suc- ceed it must be intercontinental in character. Prance will lose nothing in the forth- coming international conferences, in- cluding that with Germany, he said, adding that “she will be more in a position to direct intercontinental evolu- tion than to have it imposed upon her.” France had Germany's pledge today that the savings realized from the moratorium would not be utilized for | armaments. Text Handed to Laval Ambassador von Hoesch handed to | + Premier Laval the text of Chancellor | Bruening’s recent statement to the| United States to the effect that Ger- | many would use the benefits of the | holiday to reconstruct her economic life. | The premier jssued a communique | saying Germany had acted on_ her own | ; initiative in the matter and had “ex- | . pressed her happiness over the conclu- jon of the Franco-American -me-\[ ent.” Preparations for the visit of Secretary of State Stimson on July 15 are under way. Arrangements have been made for a luncheon at the foreign office, to be attended by members of the cabinet, and a dinner at the American embassy Armament is expected to be the chief topic of conversation between Mr. | Stimson and officialdom. ‘The cabinet will meet tomorrow to select the French delegates to the meet- ing of fiscal experts on the moratorium | in London on July 17. | The press attaches great importance to Mr. Stimson's presence in Europe, contending that it foreshadows a ‘wholesale revision ‘of armaments to; complete the work of the moratorium in stabilizing world economics. Sees Better Relationship. | ,Le Temps sees in the German gov- ' ernment's giving assurance that the benefits of the moratorium will be used | for its financial ends, the first step | toward bettering Franco-German re- lations which “must be one of the L principal uen: of - President Hoover's initiative.” 2 “In officially handing to Premier! Laval the text of the solemn engage- | ment_Chancellor Bruening made j I #TER JULY 7. 1931 1 WILL NOT BE RE- sonsible for any bills contract=d by iaer than myself, " WM. R. TURNER. st. n Zucker: Y, AUGUST WE CLEAN AND furnace for 53.50. Heating sys- lled and repaired; 24-hour serv Co.. Inc., 1395 Florida DURING . paint your ting . 1440. agae _HA FOR SUTTA FOR NRIDGE PARTIES, banque:s, weddings and mectings. 10c up per day each; new chairs. Also_invalid rolling_chairs_for rent UNITED STATES S1ORAGE Cf SECOND-FLOOR STORE OR sirable location: corner 10th & E 5 Bi-p0BBOSILe mew bullding of Potomac lectric Power Co. floor: _attractive leae terms to good all MR. MOTT. Met_1 The' N. it tenant. Ci C. P. Imprint— . P.—standing for National Capi- tal _Press— n assurance of Quality s _a in Printing. Employ this million-dollar printing plant to handle your next job. The National Capital Press 1210 D St. N.W. Nat. 0650._ = NTE] To BINGHAMTON. N. T | constituted an _effort to induce the Another Old Landmark Passing GALE HOUSE, BURNED TWICE, BEING TORN DOWN TO MAKE ROOM FOR BUILDINGS. his declaration to the American Gov- ernment,” the newspaper says, ‘“the Berlin cabinet goes in effect further than France had a right to demand. “Financiai sacrifices made to aid the Reich in distress would be ‘in vain if at the same time the European politi~ cal horizon was not cleared of mis- understandings and disquietudes that the evolution of German politics to- | ward Nationalist demands has caused to be bor: MELLON RESTS AT BEACH. Isolates Self for First Day of Vacation at Cap Ferrat. CAP FERRAT, France, July 9 (#).— On this first day of his European vaca- tion Secretary Andrew W. Mellon put cares of state out of his mind and went with his family to a small private beach near their villa. His son and daughter arranged with the local police to discourage visits by outsiders and even by friends for the first few days of his stay, and the route to their home is barred to all! unannounced visitors. ‘The prefect of police offered Mr. Mellon a special telephone and tele- graph line to Paris, but he declined, explaining that he intends to do no work while he is here. The Secretary will sail for home in two weeks, probably from Genoa or Monte Carlo. MAY NOT PAY ON JULY 15. A Germany Expected to Pass Part of Debt Due at This Time. State Department officials said today they were proceeding on the assumption that Germany would not pay its condi- tional reparations due July 15. The Franco-American accord, they pointed out, called for postponement of inter-governmental debts as from July 1, while the agreement contem- plated assent of the other European powers and arrangement of details, | they did not look for Germany to make | any payments except the unconditional annuities, provided under the plan. In announcing the accord, President Hoover Monday described the plan as morally in effect. Since the actual ar- rangement of details is expected to require some time, State Department officials said today it would of necessity have to be retroactive. LEAVES LONDON FOR PARIS, | Luther Has Hurried Conference in| Britain After Trip by Air. | LONDON, July 9 (#).—Hans Luther, head of the German Reichsbank, paid a flying visit to London today and, after a two-hour conference with the ambassador at the German embassy, | left for Paris. He left Berlin last night without an- nouncing his plans and crossed the Channel by airplane today. His itin- erary,- it is understood, will take him | to both Paris and Brussels before he goes to Basel next Monday for a meet- ing of the directors of the Bank for International Settlements. Officials Are Silent. His visit here brought no statement | from any of the officials concerned, but it was understood that Dr. Luther is visiting the financial centers in an effort to negotiate a long-term credit of between $250,000,000 anc 5 000 to shore up Germany's financial structure, weakened by heavy foreign withdrawals in the past two weeks. Only preliminary _discussions took place here. it was understood, but these Bank of England to join private bankers in the United States and the Bank of France in underwriting the loan to Germany. It was learned in authoritative quar- ters that nothing but the preliminaries | will be undertaken here and that the loan, if it is granted, would be con- tracted at Paris, possibly so that An- drew W. Mellon, American Secretary of the Treasury, might participate in the | conversations. . Norman Leaves With Him. One reason for Dr. Luther's uncom- municative attitude while he was here | was believed' to be the injunction to | silence_which_was placed upon_Chan. Dethol Kills Flies | Quickly—Surely Without Staining Be sure snd demand Dethel whea Prom ELMIRA, To CLEVELAND To BOSTON .. And poin! AILIED YA I vANS 'SMITH'S TRANSFER & You St N.W. Phon ROOF WORK —of any nature promptly and capably looked us after b actical roofers Ki fi Roofing KOONS &mpany "o —when you need s Plumber. Tinner or 1¥nnn “Expert 25 years rience. 5t Gestred. %,.!FI-OOD ?) 1411 V Aaywhere. ORAGE C N 334: practical expe ET PAYM St. N.W. spraying flies, bugs, etc. Dethel’s se- cret formula is unconditionally guar- anteed not tostain. The Dethel death mist is also guaranteed to immediately destroy mosquitoes, roaches, ants, bed- bugs, fleas and other vermin quicker than anything used before. Nothing elea like it. Nnthing so sure. Try it— like it—or your money refunded. | Dethol Mfg? Co., Inc., Baltimore, Md. 'Dethol |rag dealer, 'RECKERS are doing to hl.s-’ ¢ toric old Gale mansion what two fires failed to do— | it. ‘The 66-room Second and T streets northeast, built in 1830, is being torn down to make room for either an apartment house or a playground, de-| pending on the outcome of negotiations | now under way. The dwelling was| bought in 1869 by the late Chief Jus- | tice Salmon P. Chase, who spent tvo | years remodeling it. Following his death in 1873, the residence passed into the hands of his daughter, Kate. Before the World War, it became Washington | College; a school for young women.| During the war, the Chesapeake & Potomac Telephone Co. used it as a dormitory for operators. In 1921, the Order of Carmelites took it over, making it their retreat house. It was sold about three years ago, becoming a night club. Finally as a result of| mortgage foreclosure proceedings, the National Savings & Trust Co. acquired | it. Last January it was damaged by a fire which, according to officials who inves¥gated it, started under “suspicious { circumstances.” Another blaze, also sald to have been of questionable ori-| gin, broke out in it last month. It was| condemned by the inspector of build- ings as being in a “condition dangerous | to life and limb.” Will Rogers BEVERLY HILLS, Calif.—Show you what enterprise will do. Clare- more was one of the few towns that was built up so solid that it had no landirg field. Even the ad- joining _country Wwas one mass of suburban homes. Well, overnight, in order to get our great Oklahoma pilot Post and his famous partner Gatty to come there they just tore down and blasted out blocks of homes and now they got the best landing_field in the world (outside of the Templehoff Field in Berlin) Just 10 minutes' drive from the heart of Claremore. Course (due to a ccnstant Republican administra- tion) most of these destroyed hcmes were mortgaged, but at that it shows what a real town can do. My friend Frank Hawks has suggested making a landing field out of New York City. I knew somebody would think of a useful use for that ground some day. cellor Bruening and Foreign Minister | Curtius_after their conversations with | Prime Minister Ramsay MacDonald at | Chequers recently. Montagu_Norman, governor of the | Bank of England, traveled with Dr. Luther in the boat train from London. | It is understocd he is on the way to Basel in connection with the world bank meeting. | BELGIUM JOINS CONFERENCE. ; BRUSSELS, July 9 (#).—The Belgian | government today accepted Great Brit- ain’s invitation to_participate in the London Treasury Experts’ Conference | July 17. 1 ‘The delegates have not yet been named. The names of Camille Gutt, Georges Jonson and Leopold Smeers have been put forward. Notes of a nominal value of 6,109, 000,000 marks, which were left by Ger- mans in Belgium and became worthless after the German inflation. have been destroyed. The destruction operations lasted a month, the notes. sold to a bringing $400 to the treasu | Store For Rent 915 G St. N.W., in the heart of Retail Shopping District. 20x80 ft., will remodel to suit. Rent, $250. Apply. Mr. Gibson 917 G St. N.W. GULOENS .Mustard‘ | Bring the Sunshine of Into the Sick Room! Their beauty is healing—bring- ing, as they do, the most peaceful and optimistic thoughts. Blackistone Service exceptional, and cha always fair 1407 H St. N.W. Nat’l 4905 DAVIS IS PRAISED IN FILIPIN PRESS Papers Carry Special Articles on Second Anniversary, Commenting on Diplomacy. BY WALTER ROBB. By Cable to The Star. MANILA, Philippine Islands, July 9., —Tod: newspapers, including Fili- | pino journals, all carry special articles on the second anniversary of the inauguration of Governor General Dwight F. Davis, emphasizing his tact- ful diploma: pronoun “we” in referring to his ad- ministration, which, La Vanguardia says, “includes the Filipino members in cabinet.” Governor General Davis said: “We are es hing a governmental policy and initiating a far-reaching program not superficially visible, but taking a firm root and better judged years hence.” Yesterday's Manila Herald published a letter from an unnamed United States Senator declaring that leaders | in the Middle Western and Western farm States were grooming Gov. Davis for the Republican presidential nom- ination. According to the letter, these leaders want Gov. Davis to resign his governorship and get into the Washing ton picture again. For his weekly conference with foreign correspondents, Gov. ~Davis tbday armed himself with & sheaf of typewritten statements. “I am not a candidate for the nomi-| nation of president in 1932 he said. “I believe strongly that the Republican party should re-nominate my chief,| President Hoover.” | Gov. Davis' third year will be his; hardest, owing to decreasing revenues, the overseas trade slump, wage cutting, low commodity prices, and curtailment of public works, even roads and X (Copyright, 1931.) Do hi: TWO CONCESSIONS ASKED OF GERMANY British Press Urges Suspension of Naval Building and Cus- toms Accord. By the Associated Press. LONDON. July 9.—Suggestions that Germany suspend naval construction now in progress and drop her projected customs accord with Austria to contrib- ute to world betterment were made "y two newspapers today. The Times and the Herald, of widely divergent political views, pointed out that while other nations had been called on to make great sacrifices Ger- many had not been asked to make ma- terial concessions in connection with the Hoover debt-suspension plan. While admitting that no obligation rests on Germany to contribute to Eu- ropean reconstruction, the papers con- tended she had it within her power to cffer substantial help, lending a psy- chological impetus to economic rs, 25c Days at Gibson’s Friday and Saturday 50c Prophylactic Tooth- S~ 25 cial Tooth 25; Listerine aste, spe- cial, 2’IorA 5 250 50c Lilac Toilet Water, for use after shav- ing, spe- OB oioivpeais 250 50c Gypsy Double Edge Blades, spe- and unfailing use of the | of l\l. S. Action Reveals World Not Looking on Germany as Outcast. ¥ § BY MARK SULLIVAN. ' | ‘The next step in debt post) will be the meeting of Eurcpean . dred- itors of Germany under the Ing plan, in which America has no fpart. This technieal step is merely to |settle detalls within and subject to the al- ready accepted Hoover plan. It is| rela ‘tvely unimportant compared to tise as- sured consequences of the Hoovery plan, already accomplished or certain tojbe. The concrete effects of the plan begin with a long-time funda- mental political and social reshlt to Germany, and indirectly to the rwonld. original cause of Mr. Hoover's mc- tion was that Germany politically snd socially was on the way to go either Communist or Fascist, probably the flat- ter. The chief reason was that radical leaders were able to tell the Gemman people that the world regarded 'that country as a pariah and a criminay and that the policy of the other nationg was to keep Germany chained and helpless. President Hoover's action' was| con- vineing evidence that this charjze the radical leaders is not true. unnhnulndupuntheum’in ion of the German people as proof thpt the world is willing to treat Germanfy with Justice and sympathy. Hence tHe con- :%Illencel vgulhe debt action isyfto dis- Iummm. Communist and§ Fascist Radicals Fail to Rejoice. ent One evidence of this is that these | radicals are the only groups iin many that have falled to rejpice, and on the contrary have reviled esident Hoover and America. The |German electorate will now go on with, the re-. publican form of government, which is the natural expression of & tHoroughly sound and orderly people once \they are lifted from their despair and] rescued from the leadership of inflymmatory radicals. This is the long-time, funda- mental result of the action about debts. A collateral and intangible, but nev- ertheless real, effect is thai the re- moval of a focus of despair from one part of the world will bring a measure of wholesomeness to the whdle world. Moods of g:&snnlsm and bitterness such as have en eyident everywhere re- cently are as infectious as same forms of rgey;:lul dlse;.u. The disinfection any’s despalr may help to bring the mood of the wi back to normal. Howorld Parenthetically, it is obserwable that America seems to have become in- creasingly and not wholly fcrtunately :r"l::finnmsuh‘ject lln sudden and e e epidemics of alternate simis| and optimism. b - Banks Near Collapse. The more immediate effects of the Hoover plan, likely to show themselves at onee, are economic and financial. At the moment President Hoover acted the German banking and currency sys- tem, partly as consequence of the country's political condition, was near collapse. Presumably, indeed almost certainly, that calamity is now averted by adop- tion of the Hoover plan. If the Hoover plan of itself is not enough, it will be supplemented by the vigorous and prac- tically unlimited aid of the banks of world, as well as the industrial leaders now made confident and Ger- Westchester's BE ver | ) Snug and Warm Here MEXICO IS HOPEFUL BLAZE ADDS TO MIDSUMMER HEAT DOWNTOWN. tution avenue. The new Internal HE site for the Department of Justice is shown being cleared of unsalable | trash as smoke curls upward from the corner of Tenth street and Consti- | with the Washington Monument in the background. —Star Staff Photo. OF DEBT HOLIDAY Wants Plan Extended by Private Bankers to Latin Ameri_ca. By the Associated Press. MEXICO CITY, July 9.—With a for- eign debt of $700,000,000 outstanding and a disheartening economic situation to deal with, Mexico has received news of the success of President Hoover's debt-suspension plan with the hope that the holiday will be extended by pri- vate bankers to Latin America. Press comment is divided as to the motive behind Mr. Hoover's plan, but the papers agree it will help the world to its feet, especially, La Prenss says, if its benefits can be extended to Mex- ico and other Latin American debtor countries. Now that the benefif of the plan has been extended to Europe, La Prensa says, Mexico should refuse outright to make payments on her (orelgn debt. “We will not pay our debt,” the paper declares; “we have a right to live.” ‘The Mexican government is supreme efforts to solve its finan difficulties. Congress has put off rati- fication of the foreign debt agreement signed in New York a year ago by Sec- | retary of the Treasury Luis Montes de | Oca,” and all administration depart- | ments have been called upon to tut | down expenses to a minimum for the rest of the year. . PLANS ATLANTIC HOP | i Al | Portuguese Sportsman to Try Non- Stop Flight to New York. Revenue Bureau is shown on the right, |, LISBON. July 9 () —Pernando Costa * 18hL. | yeiga, well known Portuguese sportsman and amateur aviator, announced last |willing by the initial step. This aid by banks and industrial leaders in sev- | leral countries is now actively under way. ‘The banking and currency systems. ot only of Germany, but of all Central rope, may now fairly be regarded as safe, although there is still one bad | spot in & small and unimportant coun- try. The wholesome consequences of this restoration are as unnecessary to detall as the consequences in the other icirection that would have followed the ’collnpu which seemed imminent three veeks ago. | Largest Cause Removed. | To relats all this is not to assert that by this one step of debt postponement |alone the whole world is at once set Iright. What can reasonably be said is ithat the largest single cause of present | jand continued depression is removed. 'Many other dislocations remain to be | Istraightened out. The happy consequence to America 1of a restoration taking place chiefly in {Europe is not always clearly understood | lby the average American. The connec- | tion is much more direct today than a | 'hundred years ago, when Macaulay ob- | served that actions of statesmen in Eu- | | rope had led to Indians scalping each other in America. | New Addmong delightfully COOL "AUSE Westchester is completely surrounded hy the park; the refreshing breezes are mechanically brought in and distributed throughout the building; the extremely high elevation assures a maturally cool temperature. Park-breeze Swept Step- down living " rooms and Air-Cooled The new “thing” in mod- ern apartment habitation. Four hundred distinctive suites from one room and bath to seven rooms and three baths; over- looking Wesley Heights, bordering on the park and just ten minutes from downtown, Occu- pancy Oct., 1931. Reser- vations now being made. and the Convenience of a Dining Room WESTCHESTIR. | g CATHEDRAL AVE & >91 STager ' | i cial, 10 Zsc blades . ... . 50c Gibson Floor Wax Paste, 1b., 25c special . ... 25¢c — 100 Saccharin gty *r= 25¢ 50c Pile Oint- ment, cial 50c H. B. & W. Milk of Mag- ne: pint, . special ... 250 50c Poison Oak or Ivy Salve, spe- 2 5 c cial .. 50c Genuine Laco Cas- GIBSON'S 919.G St, N.W. C OO And you can converse without shouting on our popular afternoon train to Philadelphia and New York, the air-conditioned COLUMBIAN Windows are closed to keep the cars always cool, clean, and quiet. Yet there’s a complete change of air in each car every two minutes. D. L. Moomuax, Ass't Gen'l Pass. Agent, Woodward Bldgs 16th & H Sts., N.W. Phone District 3300 BALTIMORE & OHIO gi:gt ::e wo’aj:bonmmp;: a non-stop Wins Reserve Commission. ;Ai.fmy,,m e He obtained his pilot's license at the Richard C. Hughes, 1400 Ingraham street this city, has been commissioned | Jumiers Aviation School at Leipsic last by the War Department a second lieu- |~ Karl Bader, professor of the fiying tenant in the Air Corps Reserve of the school at Leipsic, probably will accom- Army. ' pany him. du Pont Tontine —are WASHABLE. FADELESS and extra serviceable. The choice of lead- ine architects and b iders threughout the countrs. m; 5 the 1 es” for ‘small Don't forget g Or our Estimates W. STOKES SAMMONS + - SALTZ : BRQTHERS Summer Clearance Sales ~ Are Beginning Now Agreeing with the thought of today, that low prices will stimulate distribu- tion, we have taken almost our entire stock of finest quality merchandise and concentrated it at prices that repre- sent the most outstanding values in our history. For a Limited Time Only We m®ntion here only four of the items selected at random L % $1.00 Black Silk Hose. fashioned Y Pull-Over Undershirts. Swiss rib, Chalet rib, flat knit % $3.50 Madras and Broadcloth Pajamas. + Al styles Y $25, $30, $35 Sports Coats. Blues, tans. Camel’s hair ... SALTZ BROTHERS 1341 F STREET N.W. 55c¢ $2.45 515

Other pages from this issue: