Evening Star Newspaper, October 15, 1931, Page 7

TREASURY DEFICIT NOW HALF BILLION Figures for First 14 Weeks of Fiscal Year Emphasize Federal Position. B the Associated Pre Cold figures emphasized anew today the difficult financial position of the Government, the deficlt passing the half-billion-dollar mark. For the first three and a half month of the fiscal year, which began July 1. the Treasury books show the Govern- ment to be $502,106,600 in the red. Even as this was revealed fiscal ex- perts of the department were pondering over how to adjust the situation— whether taxes should be President Hoover has said the study will continue some time, with no decision likely before Congress returns to work in December. o Collections $629,768.231. The deficit is $485.000,000 more than it was for the same period of the previous fiscal year. At the close of business October 13 the Government had collected from all sources $629.- 768,231 and had spent $1.131.874,831 The receipts were $250.000.000 less than collected in the same period of last year and the expenditures $200.- 000,000 more than spent in the first two and cne-half months of the 1931 year. The seriousness of the Government's financial position became apparent early this year when income taxes dwindled away at an alarming rate and the Gov- ernment finished the fiscal year on June 30 with a deficit of $903.000.000. Income Receipts Off. The chief cause of that deficit was a decrease of $550.000,000 in income tax collections. In the two and one-half months of the present year income tax receipts were $241,000,000 less than col- lected in the same period of last year, when they amounted to $561.000,000. Total internal revenue collections for the present year amounted to $481,717.- 805, as compared to $738,621,055 last year. Since the Government's recgipts have been dropping away its expenditures have been: met by borrowing money through issuance of Treasury bills, cer- tificates of indebtedness and bonds Since March 15 the Government has sold securities amounting to $400.000.- 000, about half of which has been used for refunding maturing security issues May Exceed Billion. Any plan that might be approved by Congress could have but little effect on the present fiscal year. as it will be half completed before Congress could act The deficit seems certain to mount to $1,000.000,000 or more for this year. It could be taken care of through security iseues and a tax increase would relieve the pressure on the Government after next July 1 In the meantime, however, the Gov- ernment must provide for funding £990,000,000 of securities which fall due in December and another $700,000.000 due in March. While no official would venture a pre- Aietion of what course would be pursued, it was believed the Government would resort to another long-term bond issue or an issue of notes combined with Treasury certificates to meet the emer- gency. Science Cold Virus Passed Through Fine Filter. Discovery of a filterable virus which appears to be responsible for the com- mon cold is reported by Dr. A. R Dochez in the British Medical Journal. Lancet. This was obtained by passing wash- ings from the naso-pharyngeal tract of persons suffering from colds through a filter too fine to permit the passage of bacteria. Then colds were produced in both humans and chimpanzees by inoculation with the filtered material The virus was carried on through 15 generations and the final product, which contained about two quadrillionths of the original material, produced a mild cold in two out of three volunteer sub- jects. The virus remained active when kept in an ice box from three to four days. There was some evidence, Dr. Dochez reports, that the virus not only pro- duced colds specifically, but stimulated other pathogenic agenis which might be in the nose or throat. such as the pneumococcus. responsible for pneu- monia. increased. ! Those White House Curtains Mrs. B the Assoctated Press BUFFALO. N. Y.. October 15.—Mrs. Herbert fAcover’s suggestion to Ameri- can women during periods of economic stress is “Keep on living a normal life.” “The one who is not in trouble will have to help the one who is in trouble.” | she sald in an interview yesterday. Mrs. | Hoover is here for the National Con- vention of Girl Scouts. Flashing her quick smile, fered other terse comments: “Do notcurtail too many of your ac- tivities that are essential, because other- | wise you throw the whole machine out of gear. | “If we all stopped buying any more things than we have to have to keep life "and soul together, employment | would drop tremendously. “Keep Spending Money." “Keep on spending money as a people. | “Every one should seize the opportu- | nity to do what he can.” Elaborating on the need for not cur- | Itailing necessary expenditures, Mrs. | ,Hoover referred to some of her own housekeeping problems. | “The White House windows.” she | said, “will need new curtains within | the next year or two. I suppose the | she of- | OCTOBER 1S HECHT MONTH on this $66.50 Premier Vacuum and Polisher This Is What You 1. Premier Duplex Vacuum Cleaner, nationally tised at $60. 2. $6.50 Premier Electric Get both Floor Polisher. now for $49.50. N improved de the best. NDORSED by Good Housekeeping and nationally advertised at $66.30, w motor-driven 71TH HE durzble ball-hearing motor never requires oiling. - THE HECHT CO. F Street at Seventh -— g IMENS WEAR,_ Better Quality / Better Value / IN “WEARCRAFT” EXTRA TROUSERS SUITS We simply ask that you examine and try on these suits. offered. They are the best clothing value we have ever Single and Double for Fall, 1931, in Hoover Tells Girl Scouts They Could Be Mended, but Buying New Ones Will Help in Present Dcpression. sister to every other Amerjcan woman.' 1 A luxe model for those who want brush—30% over previous models, '35 THE -EVENTE WASHINGTON, B ~C STAR, !lll ich-encouraged ‘Service,'"” she said. | “In this year of trial and depression, we may see what part in alleviation the Girl Scouts will take, individually and_collectively. “There hes, as yet, been no general | program for this winter adyanced for the organization as a whole, but I was greatly interested in the long discus y sion of the subject at the Execuu\'b Committe meeting, as I am_sure you | would be, to see how the Girl Scout | troops, all over the country, were al- ready meeting their share of the prob- | ‘lems in their various communities.” MAN HELD IN ATTACK | frayed edges might be cut and the cur- tains made to do. “But the man in Washington who would make the new curtains is hl\'lnkl a diffficult time to maintain his estab- lishment. An order for curtains for the White House windows—they are so awfully big—would be of tomiderlble‘ il o INew dJersey avenue, attacked Jerse; venue, ~ attacl All Should Be Sisters. | Rachasl Wade, 48, colored. same h::;- Mrs. Hoover believes American wom- | OTess, With a hatchet early today, beat- en can aid definitely in preserving world | IIf her about the head,”according to peace. “Friendliness toward our neigh- Woods, who accused the woman of bors is the expedient way,” she said.|biting him, was arrested by Policeman Then she paraphrased the Girl Scout|F. R. Tierney on a charge of assault | law: | with a deadly weapon. The woman was | “An American woman should be a|taken to Emergency Hospital | Woods, police reported. served two years in the Federal Penitentiary at| Atlanta for setting fire to Shiloh Bap- tist Church. i Accused of Beating Woman About Head With Hatchet. John Williams Woods, 39. colored. 815 the outset. the Pirst Lady stressed the fact that she was attend- ing the convention not so much in her o!%flll capacity as in the role of an interested listener who found that the National convention “gives me inspira- tion for the coming year” and “brings many old friendships to the fore that have not been heard of for the past vear." “This is a year for us to take stock of the serious side of Girl Scouting, its 1005 Pa. Ave. 1744 Pa. Ave. Use Your Credst Cleaner Get: adver- ith polisher. D. J. Kaufman added power founder of the business, hand.” 200 Gabardine Tren Double breasted; belt all around' .. cos0vne 100 Black Tuxedo Vest 34 to 44—regular, short: longs e Belt and Silver Initiale: Shirts—neckband style collar-attached style, a (3 for $4.25) ... $1.35 Genuine Dar- brook Mogadore Ties. (3 for $2.25) $2.50 Bond Street Spats sl Non‘RaVel Rayon Achletic Shirts and Shorts. (4 for $2.25). $12.50 Brown and Black Famous Neverbreak Leather Gladstone Bag o Breasted . . . Styled the Newest Patterns $2.50 Genuine SiE. Cor. 14th'6 Eve Sts. light tan: 34 to 44. § Set of Genuine Morocco $ 9 45 colors. cellophane packed. Introductory Offer Harvest Home Special ONIG HEADS NANED I UNNERSIY PARK Herbert L. Brooks Elected President of Citizens’ Association. Herbert L. Brooks was elected presi- dent of the American University Park Citizens' Association, succeeding D. S. Burch, at the annual meeting of the association last night at Hurst Hall American University Prizes were awarded in the garden contest for the year, photographs of the gardens competing were displayed by means of a projectoscope and there was | a musical program. Garden Prizes Awarded. Other officers were named as fol- lows: Marshall J. Gleason, vice presi- dent; Mrs. Blaine McCollum, secretary: Mrs. Ora G. Visel, treasurer; Thomas D. J. Ei OLD THURSDAY, OCTOBER 15, 1931. E. Lodge and Arthur Carr, delegates fo the Federation of Citizens’ Associations. For the best gardens in the com- |CRASH OVERTURNS TRUCK, e S e URINGFOURMER) ceived prizes of shrubbery: George L. | Willams. Herman Oldham, Gilbert L./ Four men were injured. two seriously, Rodier, John J. Smith, Frank S. Lilly, when a truck overturned after a col- | Jett Wayland, Arthur Carr, William T | lision with an automobile at Siith | ’liiewq. D. 8. Burch and Marvin c.wan’lu_ P streets today. | oore. hose hurt were Dewey | FHonorable mention in the garden con- | coloree, 228 H ‘sircet couthnert, Srine test went to L. A, Vernue, James C.|of the car, internal injuries; Arthur Dulin, Eugene C. Miller, Charles E.| Watson, 44, colored, 218 D street, in- | Gause, Vincent B. Smith, Dennis H. | jured spine and cuts: Theodore String- Noonan, Thomas E. Lodge. Robert H. er, 18, colored, 1221 Eighth strest Stone, ‘William R. Manning. Ora G.| sprained shoulder, and Leroy Atlee, 20, Visel. C. E. Caldwell and Joseph Hop- | colored, same address, bruiscd leg. The kinson. driver of the truck, Alonzo H. Stringer, Winning Plctures Picked. |23, colored. aiso of the Eighth siresi Prizes elso were awarded to the fol- | eolored’ men ‘:{‘d'.‘:;’-‘:‘:h‘;finfl'osg:her | lowing for the best photographs of their | was alone. IS premises, the pictures being projected on | _ Watson and Strong were taken to | 8 screen: Elmer B. Brammell, George D. | greedmen's Hospital. ‘while the others | Wolfe, P. P. Lilly, William Manning | Vincent B. Smith. F. A. Varrelman, F. | = |5. Sanford, 7. . Bulin and D. & Bureh. Judges in the garden ccntest were 5 | 5. W Wellington and J. C. Dulin. ir. | TURDAY AT ; mers BARGAINS ¥O) FRIDAY, BA Avrebire (Wisconsin) C, utter 2¢ a b, Really Fresh Eggs from nearby Virginia e a dogen Genuine Guatemais * Coffee, 38¢ & Ih. 3e value) COLUMBIA TEA & COFFEE CO.. 1505 N. Capitol 8t. Open Evenings Till 9 Because the house was too small to | accommodate the crowd who attended | the funeral of Color Sergt. A. Sayers Sheerness, England, the coffin was placed on trestles in the street and the service held there. KAUFMAN'S ghth Annual FRIENDS MEET 34 years ago D. J. Kaufman founded this busi- ness, which to be the la fitt{ng business in town This sple from a modest beginning has grown rgest and fastest growing men's out- / flll’d and ever-rncrErs;ng success we owe to YOU, and to the 70ya7ty of thousands of other good friends and customers—and it is for YOU that we are going to hold this 8th Annual Harvest Ho me Festival. Apples, cider, cigars, cigarettes and, many other good things have been planned for you, our Friends. Come help us celebrate. We want to renew "‘old friendships” and make new ones. We want to sha Home. who will be around to give you the “glad Where we have o ch Ceats. 11.75 A HARVEST HOME FESTIVAL ke your hand and make you feel at 'Mo}p' ! 13 A Shoes eager te go places and do things. SMITH SMART SHOES Sold and Serviced ezclusively by “Radio Joe and His Gang” (Dd Kaufman - 1505 PENNA AVE. 17 SouTHENsT "B Tt 1005 Pa. Ave. 1744 Pa. Ave. S.E. Cor. 14th & Eye Sts. Use Your Credst ]oseflt D. Kaufman (better known as Radie Joe), whe 1o carrying on in Dad's footsteps. gathered a crop of old-fashioned values. \ 600 Extra Value Top- § coats, belte 2.500 GREATER-VALUE 53.75 d Belt Buckle ($2.50 value) $2.50 Pre-shrunk Broadcloth in white— 11$165 79c Warm Woolly Overcoats 2-Pants Suits Sharp Topcoats light and Ideal for Silk-Lined Tuxedos silk trimmed —guarant:ed He'll be looking for you. tee! d models. 19.75 300 Featherweight Rain Coats, dark tan—34 to 46. motorists 5695 water- $250 Oxford Collar-attached Shirts—whi green, tan. (3 for $5.25 e A perfectly marvelous range and selection of new, specially made merchandise. Every gar- ment tailored and trimmed to the rigid D. J. Kaufman standard—and specially priced for $1 .95 1 this look Sweaters . ed-for event. Sizes, styles and models for all young men from 19 to 91. 59¢ Buy Yours on the Kaufman Budget Plan $1.50 Plain N DRES $9.75 1005 Balance 10 Weekly or 5 Semi-Monthly Payments *HOME OF SMITH SMART SHOES Money's Worth or Money Back USE YOUR CREDIT S WELL—HEAD TO FOOT* Pay Only V4 Cash PENNA. AVE. 1744 PENNA. AVE. $15 Famous Leather Sport Jackets. . $5 Wool Coat suits. (3 for $2.50). ... 300 Nobby Felt Hats . ... Harvest Home Special 75¢c Fancy SilkHose .- ...... (6 for $2.75) te, blue. grey, All eizes. $ 1 .85 Monarch §, .45 33.95 and bob = 85¢ 3.95 49¢ SIDNEY WEST, wc, 14th & G s A EUGENE C. GOTT—President Capeskin Gloves. L% SOUTHEAST CORNER 14TH & EYE