Evening Star Newspaper, March 7, 1932, Page 14

THE EVENING STAR, WASHINGTON, D. C. MONDAY, MARCH 7. 1932. e and some fell by tlle Wa[ysicle and the fowls of the air devdured it o S Dollars are like the seeds which the sower went forth to sow. Planted in the good ground of American business enterprise, they increase and multiply for their owner . ... producing a bumper crop of National prosperity. Hoarded away, they are as unfruitful as those seeds that fell by the wayside; and they stand an equal chance of being de- voured by the ravens of crime who wax fat on the hoarded dollars of the unwise. The rich fields of American business were never in better condition for sowing, but they lie fallow because too much seed has fallen by the wayside ... because over $1,500,000,000.00 has been withdrawn from circulation and hoarded away, deny- ing those fields the only seed from which can grow the crop we call ‘‘prosperity.” Hoarded away, every one of those dollars is just a dollar, nothing more. Expended for something essential, deposited in a a9 Washington, perhaps because her people are in closer touch with actualities, has maintained a saner attitude towards the dollar than many other sections of the country, but there are several million idle dollars hoarded away in the Capital of the Nation. Let’s put them back to work. Let’s stop hoarding the seed from which must come our future prosperity. Let’s plant them in the fertile fields lying fallow all around us. Let’s give them the vitalizing rains of American initiative and warm them with the sun of American enthusiasm. Let’s stop waiting to be fed with manna produced by some economic or political alchemy, and fatten ourselves on the bread of our own achievement. Only when we do this, shall we cease to be hungry. PRESIDENT HOOVER’S and BUY United States Certificates of Indebtedness $50 $100 & $500 BABY BONDS Redeemable on Sixty. Days’ Notice 29% Interest You don’t have to be a depositor—every banker has enlisted his services in this campaign. CITIZENS RECONSTRUCTION ORGANIZATION District of Columbia Branch NEWBOLD NOYES, Chairman Clarence A. Aspinwall Byron §. Adams Dr. Wm. Ballinger sound bank, or invested in well-chosen securities, each of those same dollars be- comes the basis for $5 worth of business credit, the very life-blood of our economic organization. Put back into circulation, the $1,500,000,000.00 now hoarded away would establish $7,500,000,000.00 worth of such credit, enough to start every factory wheel turning again, enough to provide a job for everyone who wants 2 job, enough to send our industrial securities back to their normal levels and to re-establish our National confidence in our economic and political institutions. Edward F. Colladay W. 8. Corby . Frederic A. Delano Joshua Evans W. W. Everett ‘Wm. J. Flather Bishop James E. Freeman C. C. Glover, Jr. E. C. Graham Dr. Gilbert Grosvenor Wm. F. Ham John Hays Hammond John H. Hanna Coleman Jennings Joseph D. Kaufman John C. Koons Mark Lansburgh Sidney B. Lust Bishop Wm. F. McDowell Bishop J. McNamara Rabbi Solomon Metz Dr. Kelly Miller Gen. John J. Pershing John Poole H. L. Rust, Jr. Dr. Abram Simon Gen. Anton Stephan Corcoran Thom Joseph P. Tumulty Lloyd B. Wilson Robert V. Fleming Stanton C. Peelle Fleming Newbold Franklin H. Ellis A. C. Case B. M. Bergunder Ralph Goldsmith Harold Levi Arthur Abbott M. G. Gibbs Ralph W. Lee Samuel H. Kauffmann Rev. T. E. Berry Geo. A. G. Wood Frank S. Hight Julius Garfinckel Frank Jelleff Henry Spencer W. Coleman Nevils Cloyd H. Marvin Clarence F. Norment, Jr. Randall H. Hagner Dr. George F. Bowerman John H. Cowles Merle Thorpe David Lawrence A. Julian Brylawski George W. Offutt Harry King J. F. M. Bowie E. A. Rule Frank J. Hogan C. H. Pope Joshua Evans, Jr. John E. Locker S. Percy Thompson Edgar N. Brawner Eugene R. Woodson L. H. Brodie Miss Elizabeth M. Haney Henry Schiffert Maurice L. Townsend Gordon Bonnette Mrs. Wm. Lee Corbin Mrs. Amelia Gude Thomas Mrs. Nell R. Hysong Howard W. Berry Russell P. Freeman Lowell Mellett Edmund S. Jewell Mrs. Eleanor Patterson Ira Bennett ‘Theodore W. Noyes. Norman C. Kal Presidents of Citizens’ Associations Donald Chamberlin Maj. Geo. O. Totten Herbert L. Brooks Dr. Geo. C. Havenner Fulton R. Lewis Frank James Charles W. Ray George R. Ellis J. 8. Gorrell Wilbur 8. Finch John T. Townsend F. D. Ryan H. V. Schreiber Thomas W. Joy Erwin J. Hibbs Burd W. Payne Albert E. Westrater E. F. Neagle E. S. Hobbs Dr. Ed. E. Richardson Allen Fisher Wm. J. Weber Mrs. Joseph M. Saunders Mrs. Ruth 8. McKelway E. P. Hazelton Joseph E. Oliver John Otto Johnson Harry Friedman B. A. Bowles M;ran R. Walker C. L. Scott Joseph Fitzgerald, Jr. John S. Driggers Joseph L. Gammel Mrs. Ella M. Thompson W. H. Seaquist Dr. A. C. Christie E. J. Breman A. J. Driscoll A. Guy Reber Will P. Kennedy J. B. Dickman J. W. Lambert Horace J. Phelps Edgar B. Henderson Mrs. Leon Arnold Herbert F. Mati E. G. Sievers George L. Buckman Joseph J. Wilson Dr. Lewis J. Battle Dr. Clarence A. Weaver A. G. Hermann Jozeph M. Chaffer W. W. Keeler S. E. Blassingham Geo. J. Cleary Bessie B. Warren Robert D. Lyons Allen S. Jackson Enoch G. Gray W. W. Horab Dr. J. A. Porter J. Henry Lewis 8. J. Murry Dr. G. H. Richardson Andrew L. Mundy George W. Beasley P. M. Tolliver C. N. Martin H. Lewis, Jr. N. B. Hudson Rev. Arthur Chichester George T. Beason H. H. Banks