Evening Star Newspaper, August 26, 1931, Page 4

DETATORS ROLE Prepares to Cut $600,000,- 000 From Expenditures De- spite Labor’s Opposition. (Continued From First Page.) expels him from the membership of the local party.” Mr. MacDonald's residence is in the section of London, and he tly an- move on the eve mmt‘;c‘:eduled to all mem- bers of llament a personal message explaining his recent course of action. “The financial wWas rapidly,” he wrote. matter of hours, and immediately. strove hard to agree about it might continue its work in other fields, but it failed and had to face the consequences. “If our financial stability is en- “Black Damp” Kills Miner, Two Uncles Attempting Rescue Youth’s Fall Into Iowa Shaft in Course of Re- opening Brings Tragedy. By the Assoclated Press. DUDLEY, Iows, A 26.~Three members of Andrew 's died in his hiliside flln'ti:m two in futile efforts to save the other from the dread “black ! Ernest Redburn, 19, of Des Moines, had been working with his uncles, Harold and Glenn Hanson, near the of the shaft, to it had been idle for & year. Redbu: and fell into the — NOMEN CELEBRA VOTE ANNNERSARY t, (20 Achievements Detailed by Mrs. Wiley, National Party Chairman. Leaders of the National Woman's Party took occasion today, upon the eleventh anniversary of woman's suf- prey open the mmnn. after and Text of MacDonald’s Appeal Prime Minister Declares British Situation Is Financial and Promises That New Cabinet Will Act Swiftly, Decisively and Effectively to Restore Confidence. By the Associated Press. v LONDON, August 26—Followl; thnuuot\hrulonmlorl:ma Mnu‘:nmm.w hnl:llhtfiflm home at 10 Downing under unusual, and | suggest, “I speak tonight to me, rather sorrowful circumstances. “I have given my life to the bullding up of a party. “‘ at its birth. “I was its nurse w) had attained adult years. “At this moment I have changed none of bel and none of my ideals. I see that it is said that I have no Labor credentials for what I am doing. It is true, I do not plan to have them, al- though I am certain that in the inter- ests of the working classes I ought to have them. “Be that as it may, T have the cre- dentials of an even higher authority. My credentials are those of national duty, XW:'euu it, ana I obey them ve irrespecti consequences. “‘You will have read in the daily pa- pers during the last few weeks of great activity in London. my many friends who have been in close touch with it has been a time of very great . There have been sensa- tional stories and many rumors of all kinds. You have the words ‘crisis’ and ‘emergency’ and you will know matters of great moment have arisen in what is llnlnl.llfl a quiet holl- Let me teil you briefly ‘happened. I was day season. what has N Confidence Impaired. “During the last two weeks the country has been faced with a finan- cial emergency. What has been going on is that Ppeopie and institutions abroad who have money in this coun- try have been withdrawing it in con- siderable amounts. They have been accustomed to deposit big sums in Lon- don for short mflafi because they had complete nce that they could always rely on ting their money when it. cation of world trade, from which every m.mmu-nfi;mmmu of this ooun?'y, will er. “Purther, if the value of the pound Isn.y and clunm;?.- pl AS some but without plan, by the force of economic crisis, without control, rise much faster than wages, and incomes could not be ad- “Conditions similar to those in Ger- many when some millions of marks were given in exchange for a pound stering would arise by the widening of a vicious circle. The people who would suffer most are the people, not with large, with the smallest incomes. The questions of international finance are very complicated. A great many people talk about them with great a: surance, but for myself I am no au- thority on them. Swift Action Necessary. “But I have consulted with every shade of opinion and given the situ- ation the most careful thought of which iiy o ey facts y grelnxw acts. haj nln(wlchnullondws:m speedily produce a crisis. nder these ciroumstances, it is no use discuss- % the theories of banking in the Mac- reports, who s to blame, and 50 on. “This threatening cloud has to be dis) , and dispelled immediately. A , swift, decisive and effective, is asked for, and t we propose to give when the danger has been removed and we can have an assize trial and a ver- dict, but my colleagues and myself are determined that the assize trial shall not be a coroner’s inquest. Everyone from whom we have ed or who has placed deposits in our keeping must be assured that the budget will be bal- anced, and that assurance bas to be of intention, but as a program in the essential detall. “There was no disagreement in the Labor cabinet that economies of a fairly drastic nature would have to be made. Nene of us want economies. I do not want economies myself, but if | I cannot afford an expenditure I have | got to make them. We certainly do not want ee’ouomlu whh‘:h mean h}};ll: suspension of programs of work, w! ‘we belleve are for the national good, or reduction which we also believe is not . | in the long run sound. But, if by reason of shrinkage in the national income, good works mean such borrow- these ‘They | ing as will damage our credits, well, we sentence, foreigners, who | in our firincial trust, have to in a gloomy and have become rather Tt is not true to suggest oreign % e to that f countries are _deliberately _trying . N could be further helped us greatly, and they They have are and ready to help us more. , | response means, providing always he has the assurance everybody y | leagues, 4 I stretch must cut our coats according to the cloth. We must try, of course, to get more cloth, but while it is limited, our ts will have to respond to its t | Eonitation, ‘Will Entail Sacrifice. “It undoubtedly will entail a sacri- fice, but I am perfectly certain that in order to put our financial house in order there is no in the whole community who 1 fall to give what he can, according to his else Is doing the same. “Apparently ~the matter which troubles most of the people with whom | T have been associated and whose in- terest is dear to me, and whose whole confidence is equally dear, is the pro- to cut unemployment benefits. May I make an observation or two in order that the mass of our people may consider it with some sense of benefit is not & liv- wage. It was never meant to be that, But 1, like every one of my col- , have been willing rather to than to”curtal those benefits, ‘The proposal now is that as a part of | this urgently required national saving 10 | proportion and equity in their minds? “Unmnkflmfi;’.“ anxious Iutmqneedwbemmedlbmtcurimm benefits should be reduced by 10 per cent, but that children’s allowan glven at once, not only as a declaration | Jjusted, even if adjustment were possible. oo lose their value. In view of the eircumstances, I believe those who are receiving the benefit desire to be treated in the same way as other are “When you look all around this question and see and appreciate the consequences and alternative you will conclude it is not mere words which I am using. Not Bankers’ Ramp. “There arc those who say that one of the consequevices of the world's in- dustrial plight should be a slackening' of the programs devised to help na- tianal development, but in my view the final resources from which those pro- grams can be financed, whether from loans or from current revenue, is trust in our national credit, and anything which jeopardizes that must be in- | stantly and firmly dealt with. “This big psychological storm which | has suddenly presented itself has to be dealt with as a matter of supreme urgency, and none of those Questions | can justify us in the fatal policy of re- | fusing to use immediate measures. | “There is'no time for slow change so | long as this lasts. We must act now. --nere"u - obsf;ge I should like to | remove from the minds of il many of my “We are told that this is a bankers’ ramp or conspiracy or something of the kind against the Labor government. The ehancellor of the exchequer and myself were chosen by the Labor gov- ernment to be a contact between itself and the Bank of land. Prom our knowledge and experience, I can give you all the most emphatic assurance this is not true. We were never pre- sented with any political ultimatum. | We never found in the attitude or conversation of those with whom we were negotiating any political bias, one way or m:z%“ “They us when we put 0~ posals to them whether in lhel‘?o:{m ion those would meet the cir- | cumstances to give confidence. When | they were doubtful they were perfectly | willing tests should be imposed. Situation Is Financial One. “I wish to assyre you that the atti- | tude which they will observe toward the new government will be precisely the same in character as was their attitude to the old, and if the government suc- ceeds in getting the loan, the old would have succeeded also, had conditions been the same. The situation is a financial one. It belongs to the world of finance. “The only way to secure necessary money is to afford those who have “It has been formed to do this work. If the work takes little time, the life of the government will be short. When that life is finished, the work of the House of Commons and the gencral political situation will return to where they were last week and those who have taken risks will either receive punish- ment or reward. The election which will follow will not be fought by the government. There will be no coupons and, I hope, no {illegitimate prejudices, but in the meantime I appeal '}u: all the force I have to everyone of you, rich and poor alike, employed and un- employed, to face, as the people of this country always have done, the difficul- ties, with hearts determined to over- come them and with a conscience ready to respond to whatever the call and necessity may be.” S g POLICE CHIEF CLERK ILL AT ATLANTIC CITY Harry M. Luckett, Stricken on Va- cation, to Be Brought Home in Ambulance. Harry M. Luckett, chief clerk of the ‘Washington Police Department, is seri- ously il at Atlantic City, where he went | two weeks ago for a brief vacation. His brother, D. G. lé%m] o drug- gist, and Dr. W. 8. e y for 'Atiantic_City bring by airplane to him to his home. It was said at the Police Department, where Mr. Luckett has been clerk for more than four years, that he went to Atlantic City A 11, intending to stay only a few days. Pive days later he is said to have been seized with a severe attack of rheumatism. Before leaving Washington the brother made arrangements for an ambulance to meet the train on which Mr. Luckett will be jht here tonight. Mr. Luckett's wife and daughter are with him at the New Jersey resort. residence is at 7704 Twelfth street. Sidsie i Germany’s Reichswehr soldiers have been deprived of their Sunday cake in the interests of economy. Prosaic bread will take its place, but it is a question- able policy, for it has demonstrat time and again that an occasional gas- tronomic treat improves the morale of any organized group. ted | in British public_life, MacDonald Names Leaders Of All Parties in New By the Assoclated Press. A pacifist, he suffered obscurity the World War, then rose to the ministership in 1924 as as umon‘:l"‘me t. He is :t-‘:‘n‘i:‘ rnment. - ister no]:v for the third time—a record men. Stanley Baldwin, 64, country squire of Englishman, scion of a long line of Conservatives, twice was prime min- ister. Sincere, simple, homey, old clothes and his pipe is political advertisement. He cated at fashionable Harrow bridge. He saw his son Socialist and sit in the House mons against him and never utigred a word of protest. Canny Yorkshireman. CHANCELLOR OF CHEQUER.—Philip Snowden is 67, & canny Yorkshireman. “Iron chancel- lor” of the late Labor government he warned Great Britain months ago of in the World War, he has been treasury watchdog for both of MacDon- ald's Labor governments. A serious bicycle accident in his youth made a cripple for life and he drags his emaciated body about on canes. He been helped throughout his career him frail, James Henry Thomas, 55, is * everybody. Penniless errand boy at 9, later successively a locomotive engineer, labor leader and cabinet minister, he now is one of the leading members of the national government. He lives in | & house in Dulwich, given to him by railréad workers. Thomas, like Mac- Donald, is under fire by trades union ’h‘di." for joining the national govern- men Baldwin's Chief Aid. MINISTER OF HEALTH.—Neville Chamberlain, 62, is a younger brother of Sir Austen, both sons of Joseph | Chamberlain, famous | Chairman of the Conservative party since 1930, Neville Chamberlain is Stanley Baldwin's right-hand man. ‘He is, like Baldwin, a former chancellor urpthe exchequer. ment. He served in army retary of the Minisivy of N retary o try of National Serv. ice in 1917. The son of the late Col. Y. G. Lloyd-Greame, he assumed present name in 1924. HOME SECRETARY —Sir Herbert s;mul:l has spent 30 of his 61 years mem- bership in Liheral cabinets. He distin ;\lxhhed ‘himself as high commissioner to lestine in 1920-25, during which he Store Closed All Day Saturday i § i H i 1t i i i §s L gk E | L } =i iy E £ | 5 i Z g B £ E i i ; i 55 E £s 4 2 5 rgég";g of a distinguished We Tecord, his greatest interest is 5 Other Officials Named. addition to the above full eabinet members, the following been “appointed” to serve e aviation, has | I Admiralty—Sir berlain, holder of ’nnny VATICAN TAKES ACTION Nuneio and Spanish President Dis- cuss Protest. “It is no good saying they ought not | should not be touched st sll. important | Jooks pretty big. :;lnru that the; e i 'y are anxious, and their | “But will those who are listening anxiety has faced the government with ! to me remember this: That during the s financial situation which is like an |isst two years the cost of living has attack of appendicitis, and cannot be trified with, but must have immediate treatmen whatever reduced by 111, per cent, so that if the unemployment benefits had been |} subject to this consideration—a con- | sideration to which hundreds of thou- sands of workers are subjected—a con- sideration which not a few trade unions have deliberately arranged in the in- Testored. | terests of their own people—had that | been so, the unemployment benefit, a: the pound sterling, | tomatically and without changing this should be care- | hair's breadth of its value in main- taining the standards of life, could al- ready have been without even |a clamor or a fight, by 11%, per cent. | The proposal to reduce these benefits, | therefore, leaves the recipients one and ! i | one-half per cent better off than theyji | were in 1929. Matter of Individual Pride. “That is one thing I hope you will i {all "consider. And there "is another | |f I if the be im- § ON INCREASE IN U. S. s Bureau Figures Reveal Aliens Among Foreign-Born Steadily Decreasing. ?B i £l Reaching a Climax in the August Sale The Biggest Outstanding Value of This Eventful Sale $279 Bed Room Suite for 147 For Thursday and Friday Only It isn't material what conditions made it possible for us to offer such a value. The point is that we are able to command the suites at such a price as to permit us marking them $147. The real value is plainly evident. You don’t have to be an expert in furniture technique to sense the real worth of these suites. The design is new—a 1931 Autumn model—of especially graceful lines; rich natural figured burl walnut veneers and effec- tive carvings, while the workmanship is notably high-class, with that high gloss finish that is a distinguishing characteristic of fine furniture. In every feature and phase these suites are real “Furniture of Merit”"—and decided bargains—that can be provided only for these two days—Thursday and Friday. *147 . The New Philco Radio That latest development in radio service’-that catches everything that's on the air. Several models. Begin- § 49.95 ning at i g ] | of and the results of fully considered. Loss of Credit Fatal. “PFirst of all, if there were any col- i g ER ®g ‘I‘ 284 E il S the 1920 figures for com- bureau found the natural- 21.7 per cent the number 25 per papers. Adj parisons, ized citizens increased by between 1920 and 1930, any government go to the country and | gppeal for general economy and sacri- | , and say to every person whose income can be touched ‘we want you| to give us heartily something you now possess, in the interests of your nation.’ to the people to go the with the government in bal- sncing the budget. per_cent. ‘The males totaled 7,153,709, the fe- males 6212,698. Of the males, per cent were naturalized, 13.2 per had taken out first papers, 34.4 per cent were alien. Of the females, 56.8 per cent were naturalized, 4.9 per cent had taken out first papers, 344 per cent were alien. righest petcetiage.of, navaralmation ighest percentage of nal n, 179.3. New York, with its 3,191,549 for- wed 54.9 per cent — Hike for Political Gain. | ‘Hikes are now being turned to politi- | ‘cal advantage by the many branches of | Junior Imperial League in Great Britain. When villages erican construction being used extensively in Prance. ' Cluracter Security for Loans Closed All Day Saturdays During August Store Hours: 8:15 to 6 ‘When anyone thinks ofLorrowins money, he not onTy considers the rate which l{e vil] |>¢ clursul an tlu manner o'f pay- ment of the oblisnion-—he is concerned with the rype of security which he can put up in order to obtain the loan. Under the Morris Plan no pl:piul property is required. The Morris Plan has made it pouiuc for a persen of good character,.steadily employed, to obtain money through en- ¢, that is, the signing of a prom- issory note, by two of his friends. Actual : $279 Four Pieces as Pictured All the Shoes in Rich’s Clearance Sale REDUCED TO $5.90 o4 $7.90 —and there remains(,- good variety of styles. in smart Spring and Summer models—many of them of those styles that will be worn this Autumn and Winter. Special— Special— ) Coil Springs Felt Mattress 99 highly tempered resilient coil springs; bound together with helical springs and secured to $8.95 heavy metal ‘We loan on the reputation and char- acter and earning :Li]it’ of the borrowee “J Lll two COHILCPI. Morris Plan Bank Under Supervision U. S. Tressury All layer {elt, 50-1b. weight, covered with $ 8.95 attractive art ticking; roll All Sales Are Final House & Herrmann “Furniture of Merit"- Losning Hundreds to Thousands