Evening Star Newspaper, November 16, 1931, Page 12

AUSTRIAN TRADE $200,000,000 OFF Importers. Rationed, With Preference to Fuel, Raw Materials and Foodstuffs. BY A. R. DECKER. By Cable to The Star. VIENNA, Austria, November 16— Austria’s visible trade balance shows a deficit of about $200,000,000. As its| budget also shows & deficit and further | foreign aid in the form of loans seeias | to be out of the question, the govern- ment, having taken extreme measures to maintain_the stability of its cur- rency, is doling out means of foreign payment. State agencles have a monopoly in dealing in foreign _currencies and Austrian importers are rationed, with preference being given to dealers in fuel, raw materials and foodstuffs. Preferential treaties on the basis of contingents have further complicated the task of the importers. Free com- merce is impossible and restrictions are threatening to cause a breakdown of all trade relations. Restrictions and referential treatment are bringing so that none knows where al Europe is heading. Many liken e situation to thé period during the 30 years' war. Clearing Systems Numerous. Manufacturers and business men are showing surprising ability to adapt themselves to the new conditions. As means of payment cannot be acquired in the form of forelign exchange, all kinds of clearing systems are springing up like mushrooms. One of the strangest clearings is ift the hotel business. For example, an Austrian living in a Paris hotel runs up a bill because he cannot bring schillings out of Austria or buy French francs in Austria for export. Likewise, a Frenchman in a Vienna hotel runs up bills and finds it inconvenient to bring francs into Austria. In such a case an Austrian family deposits schillings with the Austrian hotel keeper, who arranges with the Frenchman to have a similar amount in francs deposited with_the Paris hotel keeper, and the two bills are cleared. Travel bureaus are arranging such clearings on a large scale. A similar system is being used to finance sales of foreign newspapers where the news- paper has a correspondent in a country that forbids the purchase of foreign exchange. In such a case correspond- ents’ expenses are used to cover sales. Shipping companies are also working out clearings. Goods Are Exchanged. Some manufacturers have found a way of exchanging goods, especially in the case of raw materials. A need hav- ing arisen for a general goods exchange clearing, Ausian industrial leaders have now organized a limited liability co-operative association for clearing goods between countries. Shares cost $3 each and are limited to members. Only old, reliable firms can join the association. It is not organized for profit and the costs are covered by a one-half of 1 per cent charge and reg- ulated by a board. A reserve ‘und is built up by & 2 per cent charge on cxchanges. Goods and services are placed in & pool and credited to the members. Credits must be turned over within three months and are debited to the members, so that each transac- tion balances. Surpluses can be drawn out or paid in through the postal savings accounts of clearing associations, so that the co- operative clearing association becomes an . acceptance clearing institution working in conjunction with the Aus- rian postal savings department. (Copyright, 1931.) GERMAN TRADE FAVORABLE. About $600,000,000 From January to October. BERLIN, November 16 (#)—Germa- ny's export trade continued to show a favorable balance for October, a surplus of 282,000,000 marks, bringing the total favorable balance for the period from January to October to 2,010,000,000 marks (about $500,000,000). Imports for October’ were 482,800,000 pared with 448,400,000 for October exports were 865,- xs, compared with Septem- Balance 1930 &-nnu mber imports were 448.- rks and exports 835,000,000; October imports 833,000,000 and exports 1,073,000,000 Thz fave for t) payments 000 mar h'v balance of 2,010,300,000 ive of reparations ex in k nd, which total 347,300,- Philip Snowden Improving. LONDON, November 11 (/).—Philip Snowden, lord privy seal in the national government, who was stricken with chills and fever last night, was said yes- terday to be much better. ' Mrs, Snow- den is keeping him in bed. Marine Corps Orders The nounced following changes are = an- ph J. Mitchell, on November 1ed Headquarters Marine ington, D. C., to Quanti- Lieut. Howard N. Kenyon, on reporting of relief detached U. S. S. Asheville*to Teceiving ship, New York, Robert L. Skidmore, de- tached Washington, D. C., to U. 8. 8 Asheville, to report not later than No- vember 18 Second Lieut. Albert F. Moe, de- a, Fla, to San Diego, QUICKEST wAY T0 KNOCK A COLD ons Say of This Proved Way You Feel Like a New Person Almost Before You Know It IF you want quick relief from a cold, go back to first principles and use something you know does the business—don’t start “trying” a lot of fancy ideas or remedies. Even a “little” cold is too danger- ous to take chances on. Get Hill's Cascara Quinine. A scientific formula made to do ONE THING WELL: fo knock a cold in a jiffy, not to cure a hundred dif- ferent things. Take two tablets now. Then fol- low directions on box. Drink lots of water, too—that's all. Soon those mean, aching pains in head and body begin to go; the cold breaks up; poisons leave your sys- tem. Almost before you know it, you feel like a new person. If it doesn’t do that, your money back. Get a box now. Youll be surprised at the speed with which it works. Costs only a few cents. HILL'S s 2 THE EVENING STAR. WASHINGTON, D. C, MONDAY, NOVEMBER 16, 1931. Communism, Bridge And Borrowing Hit In College “Bible” xy nu Assoctated Press. RTHAMPTON, Mass, No- vzmber 16—Smith College’'s 584 freshmen have been given col- lege ‘Dbibles,” neat little gilt- edged volumes that tell “What Smith Is All About.” Two of the “hints” are: “Communism has never been | successfully worked out. Wear your own clothes and let others wear theirs.” “Bridge is the thief of time."” British Educator Dies. | LONDON, November 16 (#).—Dr. H. | A. James, 87, noted British educator, for | 22 years president-of St. John's College, Oxford, and former headmaster of Rugby and other schools, died vesterday British Flyer Escapes in Crash. CAIRO, Egypt, November 16 (#).— J. A. Mollison, British fiyer, who was attempting to surpass Miss Peggy Sala- man’s record between London and Cape Town, made a forced landing at Minia Saturday night and wrecked his plane. He was not injured. ! Never parched. never toasted— \DEATH PLOT RIVALS | ster assassination plot with the mys- | tery of a Sherlock Holmes case was re- | ing early yesterday of Milton Mann, Immor liquor dealer. | the back room and lifted the receiver SHERLOCK HOLMES| Chicago Liquor Dealer Uses Phone | at Appointed Time and Escapes With Neck Wound. | By the Assoclated Press. CHICAGO, November 16.—A gang- counted by police tonight in the shoot- Mann_escaped death by inches, a bullet striking him in the neck. He was taken to a hospital, where he asked police protection and insisted he be kept away from windows. ‘Some one had made an appointment with Mann, police said—an_appoint- ment by which he was to make a tele- phone call exactly at midnight. At the appointed time he went to from the telephone just as a clock in & speakeasy he owned began striking mid- night. Mann stood directly in front of a window, a light throwing his shadow on the window shade to form the assassin’s target. Then came the blast and flash in- tended to carry death to him. Be- | member the telephone number, cause he sat down as the shot was fired stead of the abdomen, where it evi- dently had been aimed. Mann insisted that he did not re- saying | he called a “Mr. Morgan, or somethmg‘ like that.” icians said Mann, for- merly of Louisville, Ky., probably would | Tecover. | Navy Orders Orders issued to ofllcers under date Of November 12, 1931 Lieut. Ruthven E. Libby, to duty in connection with fifting out U. S. S.| Boggs and as engineer officer when | commissioned. | Lieut.-(Junlor Grade) John L. Collis, detached U. S. S. Oklahoma about De- cember 19, to U. S. S. Fulton. | Lieut. (Junior Grade) Myron W. Graybill, detached U. S. S. Ellis about December 1, to U. S, S. Fulton. | Lieut. (Junior Grade) Harry J. Hard- ‘wick, detached Naval Academy, Annnp-‘ ‘Blue Spruce, 75¢ | | (1 foot bunches) Red Crepe Myrtle Mimosa Trees MARYLAND NURSERIES | Edmonston (East Hyattsville) | | olis, Md., about December 15, to U. 8. §. the bullet struck him in the neck in-|S-47. to Navy Recruiting Station, Albany, N. Y. Lieut. (Junior Grade) Edgar J. Eas- ley (M.C.), to duty Naval Hospital, Mare Island, Calif. Lieut. (Junior Grade) Gary (M. C), Washington, D. Lieut. (Junior Grlde) Keitt H. Sml'.h Lieut, (Junior Grade) George L. Jones, jr., detached U. 8. S. Saratoga about December 5, to U. 8. S. Fulton. Medical Corps. Lieut. Richard B. Blackwell (M.C.), | detached Marine Recruiting Station, Philadelphia, Pa., about November 18, tc duty Naval Hospital, | Round Trip PHILADELPHIA $2.25 WILMINGTON, $2.50 CHESTER SUNDAY, NOVEMBER 22 THANKSGIVING DAY, Thursday, NOVEMBER 26 Good on TWO trains. 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