Evening Star Newspaper, October 4, 1931, Page 26

GERMAN BANKERS SEE NEW DANGERS Declare Leaders Have Been Remiss in Protecting Cur- rency Values. BERLIN, Germany, October 3—Pro- | teste among German bankers are be- coming loud that the Reichsbank lead- ers again have been remiss in protect- ing German currency and thereby have allowed the threat of a new currency catastrophe to appear on the horizon. According to_vesterday's Relchsbank report, the entire cover for German currency now has reached the lowest figure ever reached since the stabiliza- tion, namely, about $343,000,000, or about 31 per cent. This week's loss in cover amounted to $53,000,000. At the present rate the loss in cover would be fotally exhausted in seven weeks and last July's terrible experience would be renewed despite the creditors' self-con- “ral agreement. wotrces of Loss Cited. ‘The chief sources of loss according to an important banker, are az follows: 1. Withdrawal of 25 per cent of for- | eign bank balances from Germany, as | foreseen under the Basel agreement. 2. Abuse of supposed balances by dis- | honest persons who have thus man- aged to secure foreign exchange for themselves. 3. Sale of securities by Germans through foreign go-betweens, who are allowed to sell German securities and export proceeds. 4. Repayment of British debts in de- preciated pounds by the Germans. 5. Abuse of the system of allowing exchange for legitimate imports. 6. Failure of exporters to bring back | proceeds of sales abroad. Agree to Selling Ban. Yesterday German banks agreed among themselves to accept no more foreign selling orders, thus eliminating leak 3 The same bankers maintain that un- less the other leaks are speedily stop- ped a catestrophe can hardly be pre- vented, and they urge an immediate in- | crease of the discount rate and renewed severity on the part of the Reichsbank authorities in discounting bills. (Copyright, 1931.) PAIR SHOOT SELVES RATHER THAN GIVE UP Men Sought for Questioning—One Dead, Other Not Expected ‘ to Live. By the Assoclated Press. ‘ ENID, Okla., October 3—Two men | who fled from Enid after engaging Deputy Sheriff Elmer Hutchinson in a gun fight shot themselves rather than surrender to & posse, which trapped them 8 miles southeast of here this afternoon. One of the pair was killed and the other was near death. Hutchinson had attempted to stop the men for questioning as they were driving through the business district. They opened fire and Hutchinson re- turned it. The assailants fled and 4 miles out of town Ib:"1donzd their au- tomobile, striking out’ on foot. Hutch- inzon, who pursued, was not injur although the windshield of his car w shattered by bullets. R GIRL DIES, 2 MEN SHOT IN ROAD HOUSE BATTLE Pair Flee in Car Driven by Accom- plice After Pistol Fight at { Barnesville, Pa. | By the Associated Press. TAMAQUA, Pa, October 3.—Kath- | erine Mates, 21, of Barnesville, was fatally shot and two men were seriously | wounded_early today in a pistol fight in the Cornfleld Inn, a road house at | Barnesville, 4 miles north of here. The wounded men are Frank Maro, 19, Carbondale, and Frank Valdala, 22, Barnesville. They were shot as they lay in bed by two men who escaped in an automobile driven by an_accomplice. State police said they had found sev- | eral bullet holes in the walls of the inn, indicating some one in the establish- | ment had exchanged shots with the slayers. Three men and & girl found in the house were arrested as material | ses. They said the girl was shot | she attempted to block the gun- | men's path as they rushed upstairs to | where Maro and Valdala were lleeplnm‘ Males the Better | Bridge Players, Experts Decree| Work Says Few Women | Rank With Real | “Topnotchers.” ! By the Associated Press. ! CHICAGO, October 3.—The bridge experts met in Chicago today to draft | a new official system of bidding, and | agreed on at least one thing—that men | § are better players than women. said Milton C. Work, one of the e: perts. “Women may become good play- | ers, but few of them rank with the real topnotchers.” F. D. Courtney, president of the Ad- visory Council, .s?onxoflnl the new em, went so far as to say that men lack the essential stick-to-it- iveness and stamina to make crack players.” Several of the experts also sajd that “it isn't cricket” for men to play | partners in bridge with their wives, or wives with their husbands. They didn't want to say why, however. | RAISE RABBITS FOR US and Be Independent of Hard Times We need more Associate Breeders to s for o supply Meat NO EXPERIENCE I8 NEEDED as we give you complete tralning in Rabbit culture. supply CLO ITE BREED STOCK. Hutches and other ry. 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