Evening Star Newspaper, November 26, 1931, Page 26

B—10 SHEDEN WEIGHS CURRENY NG !anaged System Considered £ to Replace Gold Standard as Basis. 2 BY WILLIAM H. STONEMAN., &y OCable to The Star. “ STOCKHOLM, Sweden, November 26. ~—TFormulation of & new system of man- aged currency to replace the gold | standard system, which Scandinavians general consider “antiquated and; dhsatisfactory,” is now occupying the | sjtention of leading Swedish econo- 'whue the Swedish National Bank is present so helplessly short of for- | exchange holdings that it must | with the utmost caution and slrive to correct that weakness before definite plans for future man- ment of national money aflairs ac- cerding to any fixed system. its leaders pear to share the opinion of inde- dent economists as to the general es of the new policy which eventually ust be adopted. wOne of the most clearly formulated | sfans for the establishment of a man- aged currency system is that set forth a group of economists including of. Bertil Ohlin and Prof. Gunnar dal of the University of Stockholm. 4 Features of Plan. =Tts sallent features are as follows: *1. The purchasing power of money i the hands of the consumer would be | intained at a fairly fixed level—for | TUBE STOPS HICCOUGHS John Weber, 60, of Illinois Recov- ers After Nine Days. AURORA, Ill, November 26 (). — John_Weber, 60, is through hiccough- Ang . N. Kinenplon announced last nl[hb lhlt the hiccoughs from which ‘Weber had been suffering for nine days | had been stopped by frequent washing ‘n! the stomach through a rubber tube inserted following an operation. ‘The tube has been remo\ed GLASSFORD STUDIES DETECTIVE CHANGES | Confers With Executive Staff on Reorganization to Increase Efficiency. Proposed reorganization of the Head- quarters Detective Bureau was discussed at a protracted conference yesterday be- tween Brig. Gen. Pelnam D. Glassford, | superintendent of police, and members of his executive staff. ‘The reorganization plan was drawn up about a month ago by ln.specu)r F S. W. Burke, chief of detectives, & vivw of Inérstsing ins emtitncy wad effectiveness of the personnel of the Detective Bureau. It provides for the creation of several additional special | squads, and the detailing of general assignment men to the various pre- cinets Inspector Burke outlined the scheme in detail to Gen. Glassford, Others who took part in the discussion included In- spector L. I. A. Edwards, personnel offi- cer, and Inspector E. W. Brown, assist- ant superintendent. A new book revlew magazine in Braille for the use of the blind is to ample, at the level of September, | 8] 30, or of any other date to be fixed n. 2. There would be no attempt to con- g.l' wholesale prices. As a matter of , & rise in wholesale prices might be welcomed, as it would tend to bring jem into the balance with retail prices and would alleviate depression by as- sisting industry. 3. As currency would be free, there would be no effort made to maintain fixed relation between the new | vedish crown and the gold crown, or | tween it and the pound or any for- gold standard currencles. The re- lation between the new currency and foreign currencies would vary according to the retail purchasing powers of the | latter. Not New in Theory. In order to maintain the level ot eurrency at a “fixed purchasing power” the central government bank would be able to use discount rate and other |= restrictiol ns to prevent a rise in ice levels, Distortion of the currency outside influences would be prevented the use of a stock of foreign ex- ange, which would be sold whenever y foreign currency rose above its true | lue. sWhile this plan is not altogether new theory, its proposal at this time as- symes considerable importance because w for the first time in history there a considerable chance of its being put into practice. ~The only alternative to such a plan uld be a return to some sort of gold , l!ld the Scandinavian coun- are not the only ones which feel t the d:yl of the gold standard are tel ‘Were such a plan mccenrully by Sweden, it is| unlikely that it would have the | e-pmd eflect. of influencing the ney lll:les of other European na-| ch are sick and tired of gold. : Illt Acquire Exchange. *When the Swedes will be able to go sfead with the establishment of their ncy on some such basis depends ly upon the Riksbank's success in the necessary supplies of lor- wedhh exporters a “J:o-u quumuu ot the situat] au ‘will improve gmmwy when they can be com- lled to convert them into Swedish CE¥hen the British polinid returned to prity with the crown last week, it was expected that this sterling would he dumped on the bourse, but apparently those holding it preferred to retain it. Restrictions on the issuance of foreign exchange and the granting of credit, h were put into effect by all the dish banks during the last few days, E now expected to force the conver- n of hm quantities of this sterling At the Capitol Fur Shop . . . where you can expect the finest in quality, workmanship and individuality. Come see our specially plan- ned . collection that proves conclusively that the Capitol, that leads in exclusiveness and style, can also excel in value. Ask About Our Deferred Payment Plan Repairing & Remodsling UR [Snor 1208 G Street (Oopyrisht. 1931 Can your frien ds "tell" when you're wearing a Girdle? “Smoot }s eompletely TEATATFAVSY TPEN ST CANCIRIRANSEUR I TEITAIRNIIIETS h Hip” self-effacing! EDFERN took a R tip from dull- finish silk stock- stockings and turned the tricot of “Smooth Hip” inside out. That’s why it can’t reveal a line, even under a clinging vine of a dress. With tiny ab- dominal bones and elastics at the sides. Sizes 24 to 30. Miss Howarth, Redfern’s repre- sentative, will be in our depart- ment all week to help you choose the correct foundation. See her! THE HECHT CO. F Street at 7th (Third Ploor) THE EVENING STAR, WASHINGTON, D. C. THURSDAY, NOVEMBER 26, 1931. B i At The Season’s Slart Gem Radiator Shields—1/3 Off In the lot—>5-inch to 12-inch widths—adjustable from 35 inches to 65 inches in length—all with Humidifier Pan. In Regular Stock at $9. In Regular Stock at $6.50. In Regular Stock at $8. In Regular Stock at $7.50. In Regular Stock at §7. Housewares, Firts FLOOR. WobbpwAaRrD & LLoTE -«DOWN STAIRS STORE = Tomorrow—Remnant Day You Can Save ¥4 and More Remnant Day Merchandise is not returnable or exchangeable; not sent C. 0. D. or on approval; Phone and mail orders not accepted. Misses’ and Women’s Dresses, $6 Were $10 and $15 47 Smart Frocks for street, afternoon and sports. Of crepe, satin, chiffon, and woollens, in desirable styles and a large selection: of new colors. Also a lim- ited number of Evening Dresses, in several styles and colors. Sizes 14 to 20, 36 to 42, and 201 to 2. 86 Very Fine Q!llll] Dresses. in desirable s L ";‘x,' hies g;"';:;,- Styles for misses, women, and little e women. Of’vel'vxe'lm:revv‘em:‘ndm:oo in Were" 1% "“" Sizes 14 to 20, 243, Were $15. Nal.. THE Dowx STAIRS STORE Women’s Street Shoes and Evening Slippers, $2.95 pair Were $3.95 to $6.50 Pair 96 Pairs Pumps, and Oxfords and Strap Shoes of suede; also a group of evening slippers. A spiendid assortment, in a large variety of styles. Broken sizes. 45 pairs Women's Arch Support Shoes. In an attrac- 108 _pairs Wyllxln:ll s l{&!lfi llll“ r!l(hzr{-fl"'rlfllfl!g tive tie style, of patent leather. With Goodvear b hat wou regularly T mucl hl hei 1 Bom re soiled, welt soles and covered heels. Broken sizes, 4 to broken- "u'ui".n are lpl:ndld Vali 9. Would regulsrly sell for $5. Now. ... SLBS 95, Men’s Leather Opera Slip: n. Broken sizes. Were $1 e 20 pairs Mon's Black Oxfords. with Goodsear -m soles. Sizes 6 to 10, Were 34. -$2.95 THE DOWN STAIRS STORE Children’s Sturdy School Oxfords, Special, $1.95 Regularly $2.95 and $3.95 Pair 108 pairs Children’s Fine Oxfords, of tan elk or two-toned leathers. Some with leather soles, others with crepe or gristle rubber soles. Sizes 8/ to 2. 30 pairs Children's Patent Leather High Shoes, With Goodyear welt sole: 40 vairs Women's Low Top Arctics, in black, gray, and brown. Small sizes only. Were 3$1.95. L] Bllrl Junior Misses’ Pumps and Oxfords, includ- ing lflmle samples 170}?\(’!0:?" knfllnn mdln':lflg- iferTEvery Dair with Goodsear welt and hand- |\Il’nfd llol!‘" !Bl’(;ktll llsl!‘fl ;‘?fl B et! d Were $2.95. Now ar or Trom i et o A 9 190 pairs Childrgn n's r 40 palrs Children's Oxfords: several atyles Tebe, and. leatner. Some Ieathers. 'Sizes s to 8. Were $1.95. sl Were' s1"and $1.35. Now. e DOWN BTAIRS STORE Women’s and Misses’ Dress Coats, $16.50 Were $25 12 Fine Coats, trimmed with French beaver (beaver-dyed rabbit), Man- churian Wolf (dog), and natural wolf—greatly reduced. Sizes 14, 16, 18, 38, 6 Misses? 2-Plece Suits, In attractive tweed mixtures. Sizes 13, 16, rnd 8. Were . P LT AN L 375, $16.50. Now Were $39.50, No . 10 Women's Rubber! ¥ Pelo Coata, in tan snd brown, Sisas 14, in brown, navy, 6 and 18. Were $16.50. . .$12. 4. 3. THE Felt Hats, 50c Were $1.95, $2.95 and $3.95 138 Felt Hats in several smart shapes. Black, brown, green, red. and navy. of lelll. flannel. and Sof-tee Hats, 1n a vlrltl’ of dark co|nrs hell, 3 colors. Were $1.95. Mc !7 ‘Were $2.95. . Sizes 34 t 40. 20 Feathers. sza 50c. N . tl.” $2.9¢ 01 . PR 1 K '§ Leather Handbags $1 Were s2.95 Woollen Sports Dresses, $1.95 Were $5.95 24 Smart Sports Dresses of jersey and novelty knits. In black, brown, navy, green, and attractive mixtures. Sizes 14 to 20. 4 Loatherette ucm | Bizes 14, 16 and 20 ,‘f'fi# THE DOWN STAIRS STORE L] 2 e o k 44 Black Calf Boys’ Heavy Weight Union Suits speciat 50c emart . poughy “L“.‘:‘:‘.fi.;", and top-strap styles. 200 Boys' Fine Quality Winter-Weight Union Suits, for which you would ordinarily pay much more. Of soft cotton random, fully cut and nicely made; with short sleeves and short legs. Very il M : unusual values at 50c. Sizes 8 to 16. ;}’L" and in ‘;:::"!eld 150 Boys' All-Wool Sweaters, light weight, in attractive plain colors with nuul’ in’ white contrasting borders. Sizes 28 to 36. Special st prown, “and black. N 25¢ and Soc. THE DOWN STAIRS STORE \ Kid and Cap;kln Gloves, $1 sxgen, Wer Juveniles’ Sweater Juniors’ Jersey Suits, $1.95 Were $3.95 and $4.95 15 Sweater Suits, including sweater, leggings and cap; of brushed wool or jersey. Sizes 2, 3 and 4. 80 pairs Cotton Jerser Leg- dingee i navy, tan, pink 2oifea” broken “sizes §1e0a 305" Now.... 25 Little Girls’ Dresses. in sev- eral styles. ed, and some solled. ere 31, 1 Now ... THE DOWN STAIRS STORE Dresses, 75¢ Were $1.95 25 Junior Misses’ Jersey Dresses, in smart, youthful styles. Navy, brown, green, and wine. Sizes 13, 15 and 17, 3 3 Girs' Gom Suits, in sreen. and blue. 150, 10 Misses’ and Gis in several ‘Were $2.95. Now. THE DOWN STAIRS STORE Were $1.95 and $2.95 31 Pairs Women'’s Kid Gloves in tan; broken sizes, Were $2.95. Also 28 pairs Capeskin _ Gloves; soiled. Were $1.95. Splendid values. Wash Frocks, 95¢ Were $1.95 25 Attractive Wash Frocks, of rayon and sheer fabrics. In gay, fast-color prints. Same mussed. Sizes 14 to ” I'qur Aprons, in _white, e and “green. | Broken :, .Nmme mussed. Were THE DOWN STAIRS STORE WobbpwarD & L.oT —~The Christmas Store — After-Thanksgiving Selling These Values in Brings SMART COAT 100 Little Women’s Coats at Special Low Prices $39.50 $59.50 $79.50 An exceptional purchase makes it possible for us to offer these leading coat fashions at prices far lower than they would be regularly. In black and brown. Sizes 3514 to 41%5. Trimmed with: Kolinsky =~ Squirrel Persian Lamb Beaver Fox Skunk Hudson Seal (dyed muskrat) Women’s and Muisses’ Coats Greatly Reduced 25 Coats. Were $5950) News ... vvcu $39.50 Sports coats trimmed with raccoon, Jap mink, beaver, wolf, lapin (rabbit), Persian lamb, caracul, squirrel, kit fox, and mountain sable (sable-dyed Jap marten). 35 Coats. Were $79.50 $ 5 9 50 and $95. Now . . .. i Dress and sports coats of smart woollens trimmed with beaver, wolf, raccoon, kolinsky, kit fox, Persian lamb, skunk, fitch, and lapin (rabbit). $I15 and $125. Now . . .$69‘50 Sports coats of boucle woollens, trimmed with wolf, beaver, Persian lamb, 30 Coats. Were natural lynx, raccoon, and caracul. D M .. ..o oiiinriiin ot i 7l Dress coats of boucle and rough woollens, trimmed with Persian lamb, 30 Coats. Were $95, Men’s Deerskin Gloves Special $1.25 pair 250 pairs Men's Fine Quality Deerskin and Capeskin Gloves, that would regu- larly sell jor $1.95. Excellent driving gloves, in snap and pull-on styles, some lined. The skins are without scars—every pair is perftc!. izes 734 to 9 in lot. 100 Pairs Mo it] b - l:-l" ‘?. - ‘Lz‘lg ot et o Snk lllk<l:ld -wool, an ther popular warm fllnntlellj nrlpeud Dattorne. scart fabrics In s ‘Sssortment of Datterns a v sifts. "8zes A to D. ~Special 5 solled. Greatly red: e 1 Pairs M Wi I-LI L Good Quality Searts of Men's All-Wool Cost Sweaters, in £00d heavy weight. Were $5. Now §2.95 100 Pairs Men's Athletic Shorts of broad- cloth: In 'neat, ‘striped feured 288 Men's Swiss Knit Ties, I Datterns. " Sizes 30 fo'40. Bpecial, she e riped patterns. - Spechi THE DOWN STAIRS STORE. skunk, beaver, kolinsky, kit fox, and fitch. 251 Coats i Were $125 §150 and $175. Now .. 39230 Majority one-of-a-kind coats of the foremost fashions trimmed with Pérsian lamb, kolinsky, beaver, blue fox, leopard, and Alaska seal. CoATS, THIRD FLOOR.