Evening Star Newspaper, October 11, 1931, Page 6

A6 WORLD FINANCIL "LEADERS CONFER New _York Federal Reserve Representative Is at Basel for Meeting. Human ‘Scarecrow Found in Cornfield Regains His Voice Man Thought Living in Half Fantasy and Half Reality. By the Associated Pres! DENVER, Col “Scarecrow Man" October 10.—The no longer mute. , Kans,, By the Associzted Press. BASEL, Switzerland, October 10.—| as brought to the Randolph Burgess, representative of | Colorado Psychopathic Hospital here ‘Federal Reserve Bpnk of New |from a cornfield near Holyoke, Colo, the e ¢| where he was found with his body rigid York, began here today a serles of|,;q aymg extended last Sunday. inférmal conferences with international |~ “Ajthough Mays talked incoherently, leaders of finance upon all phases of | phycicians believe that within a short the world situation. The conference | fima he may be sble to intelligently began on the eve of the monthly|angyer questions asked him. Mays was meeting of the directors of the World | gentified Thursday by his brother, Bank - for International Settlements. | yedley Mays of Beardsley It is understood that Burgess’ mission After hcurs of observation, 18 to. obtain all possible information about European monetary conditions sand to furnish to his European colleagues accurate information on the situation in the United States. Leaders here believe lack of accurate information on monetary problems, both’in the United States and Europe, are responsible to a_considerable degree for, what is termed here the “prevailing confusion.™ There were authoritative denials to- night that Burgess brought a_large stock. of gold to the World Bank's vaults, but it was learned the Federal Reserve Bank of New York had some funds on deposit here. Th funds | wera - described as “not large.” and n one was willing to say how long they have been here. The American banks representative is a'guest of Gates W. McGarrah, pre: derit of the World Bank. He intends to | remain here several days, but he will| ot participate in the directors' meeting which begins tomorrow afternoon In bank quarters tonight it was re- | garded as not likely that the present meeting would result in any definite | concerted action for the restoration of | world financial stability. There was | even -a_suggestion from an_excellent that world improvement, should ot be looked for through international action. ‘The upturn. it was indicated. is more Ukely to came gradually without dra- | matic developments. one cohintry first | tting back on its feet and leading | low movement of others to confidence | and, prosperity | In authoritative quarters the United States was regarded as having the best chanée of leading the way to recovery A{nong those with whom Mr Burgess | conferred today was Montague Norman, govergor of the Bank of England. AGTREfiSS SEEKS DIVORCE Yola d’Avril Files Suit Charging Cruelty After He Halts Action. LOS ANGELES. October 10 (#).— Yola d’'Avril, motion picture actress, | filed suit for divorce from Edward Ward, composer, today charging cruelty. A few weeks ago Ward dismissed & similar sult he had filed against the actress. It wes_understood a reconciliation had been effected. The actress, who said they married October 15, 1930, and separated July 31, 1931, accused Ward of nagging, be- lnwlzg her in the presence of friends FINAL of MARX’ 4 JUBILEE a split-mind. He live: | chiatrists have diagnosed th ow” man's case as schizophrenia, or they said, in a world of half fantasy and half realit Persons suffering from this mental d order are unable, they said, to asso- clate the reality of life with the unreal. DENTAL SOCIETY TO MEET. Dr. Nye Goodman of Los Angeles to Be Guest Speaker. Dr. Nye Goodman of Los Angeles, will be the honor guest of the District of Columbia Dental Society Tuesday night at a dinner at the of the organizat®n. After dinner, the soctety will meet at George Washington University. One of the features of the season will be a clinic at the Mayflower Hotel in March with dentists m the Dis- trict, Maryland and the Virginias in attendance. Several soctal features are being ar- ranged by the Ladies’ Auxiliary. Dr. Herbert C. Hopkins is president of the socte Manufacture of carbon paper has just been started in Brazil. | Hamilton Hotel, | which will launch the Winter program THE SUNDAY GLASS ASKS PROBE ON RESERVE PLAN Move to Broaden U. S. Base for Borrowing by Banks Suspicious to Senator. BY the Associated Press. LYNCEBURG, Va., October 10.—Sen- ator Carter Glass, charging that various interests are seizing upon President Hoo- ver's proposals for temporary expedients in an effort to broaden the field of stock and bond speculation, today ad- vocated a searching inquiry into the necessity of broadening the base of “eligible - paper” for borrowing from Federal Reserve Banks. “It seems to me that another attempt is to be made to clutter up the Federal Reserve Banks of the country with speculative securities and thus amplify the opportunities of stock and bond operators to ply their trade and to disturb the business of the country Pperiodically as a result of their excess,” the Virginia Senator said. Senator Glass, who is chairman of the Senate subcommittee charged with recommending banking legislation at the next session of Congress, expressed his views in a letter to Senator Joseph T. Robinson of Arkansas, the Demo- cratic leader, and several other prom- inent members of Congress. “Of course Congress should promptly, without a moment of unnecessary hesi- tation, co-operate in any sane and effec- tive plan to relieve the existing de- <ion and particularly to guard gainst a repetition of -the disaster,” Senator Glass said. “But it does not necessarily follow that this may be done | by tampering with the Federal Reserve Banking System in order to promote the business of those largely respon- ;{xllill; or precipitating situations of this e Don Jaime Is Buried. VIAREGGIO, Italy, October 10 (&) — Don Jaime of Bourbon, pretender to the throne of Spain, was burled today in the Bourbon Palace chapel in the pres- erce of a number of Bourbon princes f-om Spain and Austria. For better business and economy you should buy a York | York Oil Burners Since 1919 have served and sa Unsurpassed—Seldom Equaled tisfied thousands of home owners. SIAR, WASHINULC Columbia Teachers “Murder English,” Students Charge 26 Professors Are Cited for Poor Grammar in Petition for Probe. By the Associated Press. NEW YORK, October 10.—The way | students say some Columbia University | professors handle the King's English| comes under the heading of “murder in_the rlass room.” s?emwr, the university publication, reports in an editorial bearing that title that letters have been | pouring in all week from indignant stu- dents and that ‘“eight precise under- graduates” have demanded a full in- vestigation. The eight students did not stop at generalities. They named 26 professors and included specific charges, such as these infractions of grammar: “The people that—-." “If any one has any questior.-, they | should ask them now.” | One professor was accused of using “don’t” for “doesn't” or “does not” 17 times in one lecture. student | ] D C’ OL1uBER 11 WILL EXPLAIN POOL. Dr. Julius Klien to Discuss New Financial Plan on Radio. “A New Move Toward Pinancial Stability” will be the title of a special radio talk to be given by Dr. Julius Klein, Assistant Secretary of Commerce, tomorrow night over the coast-to-coast nettwork of the Columbia Broadcasting system. In his speech he will, discuss the meaning, purpose and probable effect of the new $500,000,000 national dis- count corporation organized by the banking interests, as well as the other measures for financial relief initiated at the recent conferences of bankers and members of Congress under the leader- ship of President Hoover. Dr. Klein is expected to explain the situation with respect to “frozen assets” and the manner in which the new dis- count pool promises to set the financial and commercial currents in more vig- orous motion again. West Virginia Banks Close. CHARLESTON, W. Va., October 10 | (2).—Closing of the Bank of Farming- |ton at Farmington and the Central Union Trust Co. of Wheeling was an- nounced yesterday by the State bank- ing department. Both institutions were closed, the banking department said, upon order of their board of directors. $294949094383293232323 3323237 A New Men’s Store SCH Establish Over Becker’s Accepted by Washington Over Night AINUCK’ ed 1885 Upstairs—1318 F St. N.W. Take Elevator This Is the Plan— You Simply Buy All-Electric, with no gas pilot—only 2 moving parts. Guaranteed against defects for 5 years. No better burner built at any price. Passed by underwriters to burn 6-Cent Oil For a small cash payment you can enjoy automatic oil heat- Balance. small monthly payments. See them and get full information from York Automatic Heating Co. 227 9th St. N.E. Phone Lincoln 0272 th FEATURE A splendid diamond set in 18- . kt. white gold mounting. One of ,our greatest values. 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