Evening Star Newspaper, November 6, 1931, Page 31

EXCHANGE PARLEY NEAR AGREEMENT E&E=s Trade Recovery Plan, Up at oulf s Prague, Seeks to Bar Double Demands. BY A. R. DECKER. By Cable to The Star. PRAGUE, Czechoslovakia, November 6.—A virtual agreement whereby the edhering States would confine their rgreign exchange requisitions to their own territories without having their Nationals repatriate exchange from other countries has been attained by the Judicial Commission of the Inter- national Foreign Exchange Conference here with representatives from th Bank for International Settiements and the central banks of various Cen- tral European and Balkan countries. This measure would prevent double demands on exchange such as have been causing friction heretofore among the continental countries, stalemating ‘wholesome trade. However, less progress is made the Clearing Committee, and prob- ably final gnunenfi will have to be made from State to State. Dr. Richard zuclh.ngreklldhe‘nt of p‘zd‘“‘uyl:;mul; nal ink, has a 8 of a triangular clearg:: with balances to be deposited with the Bank for Inter- national Settlements. By this means deficits would be guaranteed by the re- spective central banks whenever deficits occurred, as in time the triangular ac- counts would balance or else imports made _contingent until a Many Objections Made. It is suggested that creditor nations would sdvance sufficlent forelgn ex- change with the Bank for International e eions"hgvs been toade 0 ol the Pu.’n in the debates because of its involved technical difficulties and its ean | Epstlon, loaonxerence. to consider exchanges in the -xchw is It is also to dis- cuss trade settlements while a general trade war is on. No Agreement in Sight. It is almost a year now since the Osechs and Hungarians ceased their commercial relations, and despite tariff | negotiations, an agreement has not | been reached, nor is any in sight. Com- | paratively no freight is being trans- ported over their common frontiers. ‘While not so aggravated, the relations between all the Central European coun- tries are similar, for in one way or an- otner there is an artificial brake hold- g trade back. that industrial countries, like Czecho- slovakia, Austria, France and Germany, are trying to stimulate home production of foodstuffs, while agricultural eoun- tries, like Hungary, Jugoslavia and Ru- mania, are trying to develop industry. The old rivalry between France and Germany also contributes to preventing recovery, for each desires to extend its political and economic influence. Each French loan is timed with a trade treaty or political advantage, while the Ger- mans offer the German market for re- ciprocal advantages. More than ever, it is_spparent that Franco-German con- ciliation would be the greatest tactor in the tranquillization of Europe. The exchange technicians here can propose measures, such as loans of for- eign exchange and exchange clearing, but these can be but palliative until trade relations are resumed. The tendency is just the opposite, for gov- ernment control of exchange makes the problem mcre political. (Copyright, 1931.) LIKE BALLADS PURE Oklahoma U. Deprives Fraternity of Privileges for Risque Version. NORMAN, Okla, Novem! ber 6 (). Officlals of the University of Okl like their hl!k h‘l’lw"w‘;{hom vark ations. Because Dl of Sigma Gamma {raternity sang a rhmm of “Frankie and Johnny” at annual smoker, the cha) 1 the | be ved of its social for mmel year. kel CcO Buys this black natural skunk- trimmed Coat or this new pebble crepe Coat with opossum - trim ...and other smart new styles in ATS We set out to capture the Junior Miss “trade” of Washington with a bevy of beautiful coats, at the devastatingly low price of $24.75. Pebble crepes and center crepes. price” manner. Black, brown, and blue; sizes Furred and finished in a “high- Spanish tile, green 11, 13, 15 and 17. (Third Yioor, The Hecht Co.) THE HECHT CO. F Street at Seventh One of the causes is | held. THE EVENING BRITISH NOBLEMAN FOUND DEAD ON LAWN Lord Carrick Held Strickem by Apoplexy While Mowing on Florida Estate. By the Assoclated Press. REDLAND, Fla, November 6.—The body of Baron Charles Ernest Alfred French Somerset Butler, 58, seventh Earl of Carrick and former controller of the lord lieutenant’s household of Ire- land, was found on the lawn of his home here Monday. Two physicians who examined the body said death occurred Monday ap- proximately 24 hours before the body was found by J. B. T. McElroy, a friend, besie a lawn mower. Dr. M. D, Hart- man and Dr. J. A. Smith, who con- ducted the examination, said death was caused by apoplexy appcrently induced by over exertion while the baron-was mowing the lawn. No inquest will be Known in the Redland district ag Mr. Carrick since he moved here from Miami two years ago to start a vegetable farm, the English nobleman had eon- ducted a series of experiments with cu- cumbers and mushrooms. He came to Miami from England in 1925. He lived alone at his farm here, but is survived by his widow in London, a| son and two daughters in London and two sons in India. Lord Carrick was born in Gibraltar, November 15, 1873, and succeeded his| father to the title in 1009. He was made an officer of the Order of the British Empire in 1918. He was extensively interested in British oil companies. Scotland Yard police are looking for | a man who “walks in a stilted manner | due to distorted toes,” and is said to have stolen a registered letter contain- ing $6,000. Special Sale WAX PLANTS (Begonias) 79¢c ea. Beautifully decorative plants that will bloom all Winter. Usually sold for $1 and $1.50. Flower Mart Twe Locations 1618 H St. N'W. 1528 Conn. Ave. Met. 5893 No. 8272 STAR, WASHINGTON, D. C, FRIDAY, NOVEMBER 6, 1931 of attempting to| from Frank Russell White Bowle PLEADS NOT Gl‘"LTY cash counterfeit banknotes. Prince Georges County, 'MMM —— Her arrest followed an alleged effort | guilty before United States Commis- Capital Woman, Linked to Coun- |to pass a spurious $100 bill at a Balti- | sioner J. Frank Supplee last week and more street fmlrymre. where she pur« | was released in $5,000 ball. terfeiter, Freed Under $2,000 Bond. |chased a $16 watch. She was taken — Jefferson’s Mome Town Wants Special Dispatch to The Star. @Gir], 15, Badly Hurt by Auto. 5 2% BALTIMORE, November 6.—Pleading not guilty, Miss Carolyn 1. Wildman, 35- e Soiorl 1 e store mouesd = pice a cl In 3 ‘e notict a ture of George Washington on the| Grace Hopps, 18 old, of 1000 Committee to Meet There to banknote and recalled the Father of | \soryland avenue northeast was taken Plan Convention. zlgo-:lz- :Mwm nhn; was tr'eleused in from 81 bls. s i to C‘S“""m Hospital with concussion of | py tne Associated Press. Peral rind Ty he e | T te: pgid est:rday after she walked| cyARTOTTESVILLE, Va., November fore United States Commissioner Aber- = She is said to have secured the bill ' street and Marsland avenue n CHARLOTTESVILLE ASKS |3 wanis the mational S ot lect its next 3 FOR DEMOCRATIC SESSION fsetect convention ity 4 Committes of the city's invitation Sought yesterdsy by Senator Hull' of Dr. Wilbur A. Nelson, president the Charlottesville Chamber of 0-:” ‘merce, ‘week g ably to present the invitation to His Country’s countenance only smiles into the path of an automobile at Tenth Shouse, chairman of the Demoeratir t | 6.—The home town of Thomas Jeffer- ' National Executive $2 and $3 \(aloves \ Kid Gloves Cape Gloves Lambskin Gloves Gloves you can wear right now . and for colder months, too. Costume or slip-ons . . . soft, supple and perfect fitting. Self- colored or contrasting trim. Brown, log, mode, grey, black-and-white.’ Sizes 5% to 8. (Main Ploor, The Hecht Co.) SN NAtional 5100 ILK TOCKINGS } $119] 3 pair $3.50 Non-tarnishable and dust proof WRIST WATCHES $2.95 A good-looking, dependable Amer- ican made watch. Non-breakable crystal . . . non-tarnishable and dust- proof case. Guaranteed for one year. Makes an’ inexpensive, practical and desirable gift. (Msin Floor, The Heeht Co.) $5.95 Alternating Current Electric Clocks . . . $3.95 $1.65, $1.95 and $2.50 grades. Made by one of the country’s leading silk hosiery manufac- turers, whose name we agreed not to advertise. Full fashioned, fine gauge chiffon silk. Picot tops. Some with silk soles . . . others plated. Main Floor. SHADES Negrita Nu-Brown Paseo Mauve Beige Bronse and Smoke Boys” and Girls’ $14-50 Wrist Watches 7-jewel, chromium finished e Reeeie 256593 Charge Customers May Buy in NOVEMBER—Pay in JANUARY HE HECHT CO. F Street at Seventh NAtienal 5100 . Things to. remember! Eyery pair full fashioned. Every pair allsilk chiffon. Every pair perfect. And every pair new. (Main Ploor, The Hecht Co.) Free Auto Parking—E Street Between 6th and 7th