Evening Star Newspaper, March 10, 1932, Page 4

HOARDED DOLLARS RESPOND 10 CALL Pouring Into Channels of Trade, Banks and Baby Bonds. (Continued From First Page.) ‘Treasury bonds that are wanted. It is & privilege to serve any person who be- | lieves that conditions have improved | VE UN HUARDING to such an extent that he wants to get | his money back into useful circulation, help relieve tre credit situation and at the same time cause his idle funds to bring him a definite income. “The point cannot be too strongly stressed that people who put hidden money into the baby bonds, other Gov- ernment issues, or into any other sound investment, including the savings de- partments of the banks, will be looked n as benefactors to society. They “vipfl be playing & very vital part in helping to bring back normal prosper- ity. For that they should and will Je- ceive nothing but praise.” Many indications of the use of idle dollars in trade and good investments are shown in:the increasing stream of Jetters -into The Star's anti-hoarding letter contest. From banking specific instances. case_ceme to a she had $500 in currency. told her of the anti-hoarding movemeut now in full swing throughout the coun- try. She decided to put her money in savings account. = Anofls:r woman, who, according to & second report, had saved several thou- sand dollars, came into one of the banks in the city and invested the entire amount of cash in the new 2 per cent s. "’%‘Qmmm- associations took ac- tion last night against hoarding. The Takoma Park, D. C. Association adopted a resolution “indorsing the re- cent proposals seeking to terminate hoarding, thereby enabling the pre- vention of further loss of income to the ‘hoarder himself, and preventing likewise the continued deprivation of the general public benefit enjoved by circulation, in contradistinction to withdrawal from circulation of invest- ment funds. A letter was read from Newbold No_vtt,d;haimnn of the local -hoarding drive. O Fhe “Ameriean University Park_Citi- gens’ Association adopted a formal res- olution to “indorse the purposes of the campaign to restore prosperity.” The resolution was introduc by Herbert L. Brooks, ent of the association. circles cime two A woman in one banker and said that Th: banker = member of the local committee, on rz’m cam) 3 ‘hsme = Club at their weekly luncheon at the Mayflower Hotel in- dorsed the movement and pledged themselves to take an active part in the drive. Advaniages Stressed. The practical advantages of putting idle dollars to work in the real estate field were stressed today by the Wash- ingtdn Chapter of the American Insti- tute 'of Architects as it gave hearty in- dorsement to the anti-hoarding cam- igh. D."llx?e views of the architects were con- veyed to Mr. Noyes by George Oakley Totten, jr. president of the Washing- ton cha “Real estate investment is one of the best, securities in the world during this period of depression,” Mr. Totten said. “For the past two years building Argentina to Use Wire Netting to Hold Off Locusts By the Assotiated Press. BUENOS AIRES, Argentina, March 10.—Ten and & half mil- lion feet of wire netting is to be stretched across the north- central provinces of Argentina in an effort to hailt the advance of locusts, the ministry of agri- culture has announced. MIDWEST EXTENDS Chairman Knox Says Grow- irg Interest Is Shown by Several States. By the Associated Press CHICAGO, March 10.—The week's campaign by the Citizen Reconstruc- tion Organization te retum hoarded money to circulation may be continued into next week in some States. PFrank Knox, publisher of the Chicago Daily News and chairman of the or- ganization by appointment of President Hoover, last night telegraphed heads of State Committees that they could, if local conditions warranted, extend the campaign, originally set to end this week. “We have had inquiries from a num- ber of State chairmen inquiring if the campaign might be continued aker this week,” Knox sald. “All of them report 2 growing interest and gratifying prog- ress. Despite the fact that the cam- paign was originally designed for only cne week's duration I have suggested to each of these chairmen that on Sat- urday of this week they call a meeting of their local committee and canvass the results secured and the possibilities for further work. The question of con- tinuing the work i#’o another week would then be decided by the local committee.” Knox said reports from over the country indicate a swift growth of pub- lic confidence. A Mississippi city reported $60,000 re- leased from hiding; Arizona banks a notable saving deposits gain, Tennessee workers said securities were being pur- chased with cash, New Jersey that con- fidence has proven to be as infectious as distrust, A report from Indiana indicated a cessation of withdrawals and an up- ward trend in savings accounts. From ashin “excellent results” were ~—_" THE EVENING 100D JOBS URGED | 10 AID SUFFERERS Capper Couples Plea for Un- employed With Attack Against Hoarding. An attack on hoarding was coupled with an appeal for employment of the | unfortunate on odd jobs in a radio talk last night by Chairman Capper of the Senate District Committee over Sta- tion WRC, under the auspices of the District Employment Committee. “The hoarding in this country is ing done,” Senator Capper declared. by people who ought to know better. They are deliberately withholding their money from the empty channels of com- merce until they can see a chance of making a greater profit on their invest- ment. “You have noticed lately that the Government is issuing ‘baby bonds’ to coax some of this money out of its un- productive hiding places. I hope every- bo~y who is looking for a safe and & und investment, even if it is just for $50, will take advantage of this offer.” Sees Many Idle Here ‘Turning to a discussion of the unem- ployment problem, Senator Capper said there are many strong, ablebodied and experienced men out of work in Wash- ington. “I suppose if you are a housekeeper or a salaried employe,” he added, “you have never regarded yourself as an employer of labor. Perhaps you can't just see yourself in that light. But vou know very well that you frequently need somebody for an odd job. “Don’t let those odd jobs be neg- lected now. They mean food, clothes and shelter to so many deserving peo- ple. Just check off with me & list of odd jobs that the Committee on Em- Dmiymem has prepared. I think you will be surprised to see how many can be done in your home, no matter how small or insignificant those jobs may seem to you. Lists Jobs to Be Done. mittee on Employment can furnish you with men to help you clean your cel- lar, paint your floors, clean your fur- nace, oil your washing machine, make shelves, beat and clean rugs, paint and put up screens, scrub floors, hang awn- ings, clean chairs, take out furnace ashes, tend your garden—the weather will soon be fit for that—clean out the attic, wash windows, prune the hedge and a hundred other chores that you haven't the time or the inclination to do yourself. “I am sure you must have found something in that list on which you need help. And here are some occu- pations for which the Committee on nd Massachusetts said “‘grat- ifying results are apparent.” NAVY ORDERS | Capt. Henry G. S. Wallace, detached command U. 8. 8. Milwaukee; to_duty as captain of yard, navy yard, Puget Eound, Wash. Comdr. George B. Ashe, detached R. O. T. C. unit, Georgia School of Tech- nology, Atlanta, Ga.; to U. 8. 8. Chicago s navigating officer. Comdr. Charles M. Elder, detached Naval War College, Newport, R. I., about May 28; to U. 8. 8. New York as navi- gating officer. Comdr. Robert C. Giffen, detached as 1) tor of ordnance in charge naval to o materials have declined in cost. This means that those who are hoarding money E:ve an excellent opportunity to invest some sort of building enter- ln‘ ;l.rx estate mortgages or “Today is the time to set unemployed at work. Not only is it a but this is the time to get your money’ ‘worth in any form of construction. In- cidentally, in helping yourself in the most sensible way you are helping Available at Low Cost. Pointing out that architects, as well 85 others, are hard pressed for work, Mr. Totten said that never have the services of an architect been available at Jower cost. The Merchants and Manufacturers’ Association strongly indorsed anti- hoarding efforts and assured the local committee of the backing of members of the association, according to Mark lu:nshurgh. president of the associa- n “Washington has been less affected by the economic changes of the past two vears than any other city in the country, as is revealed by the fact that the retail trade of department stores for the past calencar year was but 2 er cent below the previous year, which a truly remarkable showing, espe- clally in view of the decline that taken place in retail prices,” he said. “Trat this stabilized situation has existed in the Capital City is an indi- cation that Washington people have maintained a saner attitude in the use | of their funds than in many sections of the country, and they are now tak- ing advantage of the most remarkable values that have existed in years and which are now available in every line of merchandise.” “The Star is to be especlally com- mended tor its efforts in making avail- able loans to its employes in home im- provements. Such efforts may well be emulated by other organizations, for they are far-reaching in their bene- ficial effect. providing for an endless chain of employment.” Radio Talks Tonight. Three speakers will cairy the anti- hoarding message over the radio to- night. The first will be George A. G. Wood, president of the Washington Gas Light Co., who will speak during the radio time of his own company over WRC, beginning at 6:15 o'clock. Joseph Tum to 8 o'clock over WRC. and Arthur Hellen, attorney, will be hcard Station WOL at 7:15 o'clock John B. Colpoys, editor of the Trade Unionist, speaking over WOL last night, there were more than out of work in the from 20,000 persons National Capital. “Hoarded dollars create idleness.” h declared, urging hoarders to put thei: #dle money to work. “Spend wisely, save judiciously, but maintain your standard of living,” ad- monished Mr. Colpoys. “A hLoarder is an enemy of society He ‘njures both himself and society itself. Idle dollars &hould be deposited in banks." he said, “invested in well managed corporation securities, in baby bonds, or spent with Washington merchants." Organized labor here has thrown the support of its 87,000 members behind the anti-hoarding campaign Pointing out that the American Fed- eration cf Labor, the American Legion, the Association of National Advertisers and othe; prominent organizations have oined in the fight against depression, esident R. A. Dickson of the Wash- ington Central Labor Uw»‘on called upon members of otganized labor here to ao !km\r it by putting idie dollars to work. e Hoarders Assailed. *“This vital war against depressicn can be won to a very large extent by im- mediately replacing in circulation the moneys thal nave been withdrawn,” Mr. Dickson declared. “It must be emphasized.” he sald, “that every dollar now being spent is either enabling some employe to con- tinue in employment or creating em- ployment for some worker who not in] Special Service Squadron. secretary to the late | President Wilson, will speak from 7:45 | Comdr. Naval Academy, Annapolis, Md.; to aide and flag lleutenant on staff commander Comdr. James A. Logan, detached Naval Academy, Annapolis, Md.; to U. 8. 5. West, V(rf!.nil as navigating officer. Comdr. Willlam T. Smith, detached U. 8. 5. California after June 1° Naval Academy, Annapolis, Md. Lieut. Comdr. Charles Antrobus, duty as first lieutenant U. S. 8. Oklahoma. Lieut. Comdr. Harold Biesemeier, de- tached office of Judge Advocate Gen- eral, Navy ent, after June 1; to aide and flag secretary on staff com- mander Cruiser Division 2. Lieut. Comdr. Ralph O. Davis, de- tached aide to commandant 1st Naval District; Boston, Mass.; to U. 8. 8. Colorado as gunnery officer. Lieut. Comdr. Pred K. Elder, de- tached Naval Academy, Annapolis, Md.; to Navy Yard, Charleston, §. C. Lieut. Comdr. Guy B. Hoover, de- tached U. S. S. Salinas; to U. S. 8. Salinas as executive officer. Lieut. Comdr. mes L. King, de- tached Naval Te o Station, Newport, R. I to U. S. 8. Northamtpon as navi- gating officer, Lieut. Comdr. John B. Kneip, de- tached U. 8. S. Langley about June 15; to Naval Aircraft Factory, Navy Yard, Philadelphia, Pa. Lieut. Comdr. Benjamin H. Lingo, de- tached U. S. S. Arkansas as first lieu- tenant; to U. S. S. Arkansas as navi- gating officer. Lieut. Comdr. Donald W. Loomis, de- tached U. S. 8. Kittery as navigating officer; to U. 8. 8. Kittery as executive officer. Lieut. Comdr. Charlie P. McFeaters, detached Naval R. O. T. C. Unit, North- western University, Evanston, I; to| U. S. 8. Chester as navigating officer. Lieut. Carleton C. Champion, de- tached aide on staff Aircraft Scouting Force, about June 15; to Naval Aircraft Factory, Navy Yard. Philadelphia Lieut. Robert E. Davenport. duty as navigating officer U. 8. S. Kittery Lieut. Claude Farmer, duty as engi- neer officer U. 8. S. Kittery Lieut. William B. Fletcher, jr. de- tached Submarine Base, New London, Conn., about June 23; to command U. 8. 8. R-5 Lieut. Frederick J. Legere, duty as navigating officer U. S. 8. Salinas Lieut. Paul H. Wiedorn, detached Navy Yard, Philadclphia, Pa, about June 1; to U. 8. 8. R-3 Lieut. Walter E. Zimmerman, tached M. I. T, Cambridge, about June 7: to U. 8. 8. Akron Lieut. (Junior Grade) Clanton E. Austin, o~fers December 12 revoked; continue duty U. S. S. Concord Lieut. (Junior Grade) Hammond J. Dugan, detached M. I. T. Cambridge, | Mass., about June 7; to U. 8. 8. Akron. ‘o { de- Mass., i | Ploved have of securing work to a very ! small minimum.” | | Mr. Dickson issued a personal appeal ito the leaders of the subordinate local labor organizations to take an active | part in this campaign, to keep it con- | stantly before their membership, post appeals for co-operation in conspicuous places, make mention of it whenever ! sending out other appeals, and to see -up s permitted until the | campaign has accomplished its pur- | pose “Make this campaign a part of the regular routine of your organization," Mr. Dickson said in addressing the group leaders. Wants Action, Not Words, “Valuable time should not be con- sumed in attempting to overcome the depres:ion by words. Action is what is | imperatively necessary now. Suffice to |say the depression is making terrific inroads in our everyday life, and it must be exterminated without further delay. “All of us are mainly interested in placing people in employment. This will be realized immediately following the success of this campaign to induce people to put back into circulation the money that they are withholding. 1If the caxpalgn now being conducted ful, the drive to have released all hoarded money must first be successful. against the depression is to be success- | Employment has some fine, competent women on its register; sewing, mend- ing, laundry work, practical nursing taking care of children, reading to old folks or those with faulty sight, com- panion to invalid or old person and l!ll:k.ln‘ sandwiches and cakes for par- ties. “But, aside from these odd jobs, it is possible that the house or some of the rooms or the garage may need painting. I mean to include carpentry, plumb- ing, paperhanging and such work— you will be better satisfied by getting a regular follower of those trades. If you are in doubt as to a good firm, the Washington Board of Trade, in The Evering Star Bullding can put you in touch with a reputable concern.” TOKIO POLIGE FIND HUGE DEATH PLOT Small Band of Ultra-Patriots Blamed for Assassination of Notables. By the Assoclated Press. TOKIO, March 10.—Tokio police said yesterday they believed they had uncov- ered the existence of a small band of ultra-patriots, dedicated to the assassin- ation of notables in Japanese public life and responsible for the slaying of Jun- nosuke Inouye, former finance minis- ter, and Baron Takuma Dan. They arrested today a man named Daiji Kurosawa, who they said was a third member of the “Blood Brother- hood.” to which the two peasant slay- ers of Inouye and Baron Dan belonged. Thejr efforts, they indicated, were being handicapped by obstacles im- posed through the influence of strong reactionary groups, but they hinted that the trails they were pursuing ap- peared to lead to individuals high in the councils of Japanese ultra-patriotic societies, Two Others Sought. It was understood that two of these “higher-ups” already have been tem- porarily detained and that a search is being continued for two surviving members of the brotherhood who are still at large. These were identified as Nissho Inouye, a Buddhist pricst, and Fiji Furuuchi, a schoolmaster of the District Ibaraki Prefecture, from which the slayers of the former finance min- ister and the baron hailed. They sald they believed Nissho Inouye and the schoolmaster Furuuchi had greatly influenced the minds of the assassins. They announced that the weapons with which Baron Dan and the for- mer finance minister were slain had been traced to Lieut. Comdr. Fujll, a naval aviator and also a member of the original brotherhood, who was killed at Shanghai February 5, when his plane was shot down. Grew Out of Treaty. They belleved, they sald, they had cstablished that Lieut. Comdr. Fujil bought eight Browning pistols from a Darien dealers in Manchuria, two of which were given to the assassin of Inouye and Baron Dan. The remain- ing six were not placed. As police officials slowly constru-ted their story, it appeared that in 1930, Licut. Fujii, indignant at what he con- sidered a betrayal of Japan by the sgning of the London Naval Treaty, formed the brotherhoom of six members, who were pledged to do away with enemies of the empire. Financiers were made the first targets because the ultra patriots believed financial interests shared with politiclans—whom they thought the financlers controlled—in a responsibility for having betrayed the interest of the empire at the behest of forelgn powers. MRS. WHITNEY HONORED Presented Medal of American Art Dealers’ Association. NEW YORK, March 10 (#).—The medal of honor of the American Art Dealers' Assoctation has been awarded to Mrs. Gertrude Vanderbilt Whitney, widow of Harry Pavne Whitney. Mrs Whitney s a sculptor and founder of the Whitney Museum of American Art. The rwgal, awarded perfodically for now employed. And every dollar that 18 being hoarded and silowed to remain idle of those decrepses the possibilities now working to continue in employment and the chances the jnem- Iy : ~ “I sincerely request all local labor leaders to co-ord with those of the Anti-Hoa mittee of the District of headed by Mr. Newbold Noyes.” Com- umbia, ate thely activities | consplcuouy service to American art, was voled at a recent meeting of the assoct; Otto M. Torrington, an of- ficlal, No formal presentation will be made, as Mrs. Whitney is il . 4 “You ought to know that the Com-|. In cases of that kind—and | | | ST WASHINGTON D. C., THURSDAY, Letters Attack Hoarding Washingtonians Reveal New Note of Happiness in Star Contest—Compete for Prizes of $100, $50 and $25 Offered for Best Anti-Hoarding Notes. NEW note of happiness runs through the letters now being recelved in The Star's Anti- Hoarding Contest, as Washing- ton residents spend their money for things they long have wanted, re- pair their homes, buy new clothes, ,fl new automcbiles and radios with hoarded funds, or put money back into banks and bonds. Reflecting the financial experiences of many families, these letters make good reading. They are human docu- ments, fresh from recent experience, and they discuss one of the most vital subjects in any family—the pocket- book. A note of warning was sounded in one report of an aged man whose life savings of $6,140, stored in s trunk, were stolen. Take the “gay nineties” for an ex- ample, suggests one writer, and “buy an entirely new outfit for Easter. Thus attired. let us go bravely forth to meet the enemy.” Prizes of $100 in gold for the best letter, £50 for the second best letter, and $25 for the third best letter are offered by The Star in this contest. Write your letters to the Anti-Hoard- ing Editor, Evening Star. If you want to see what many peo- ple are doing with their money to get more happiness, read some of the let- ters below: Lack of Confideice Blamed. “Hoarding of money is caused by lack of confidence in ailable de- positories. In furnishing an out- et for surplus funds, u.> Govern- ment has not only removed this ex- cuse for hoarding, but has provided a thod whereby the funds are satdly kept, at the same time earn- ing anterest for their owner. Credit mamy times the amount is returned channels, employment is provide: discontent removed and confide restored. Surely a most happy consummation without any expense or risk to the former hoarder. “My conviction of these truths has impelled me to put such funds as I had withdrawn back into circula- tion.” Widow Contributes Mite. “I am a widow and a Government clerk in a low salary group. I have brought up a family of two children on this salary, augmented by dress- making in the evening. Within the last two years I have saved a little woney, so I have decided to put it into efrculation by investing in a building lot. Then I bought some things for a possible new home, also a radio and a typewriter. “Now, as soon as I can induce some one who makes construction loans to risk making me a loan, I am going to build a house, thus put- ting several men to work for a few months; in the meantime, I am buying as much furniture as I can afford to at this time. I am also assisting some needy people in the South, as well as subscribing three days’ pay to the Community Chest. “I have put all that I have into circulation and expect to profit by it, as well as being of some small help in making an end to this un- fortunate situatio Will Hoard “Baby Bonds.” “l acquired the hoarding habit early in life, before I knew anything about banking or the science of finance. The nabit became almost a second nature with me, so much so that I find it almost impossible to break away from it. I shall keep on hoarding, but instead ot hiding my money away in secret places, where it does no one any good, I shall in- vest it in ‘beby bonds' and hoard them. In that way I can still gratify my hoarding whim and at the same time release what little money I have and let it do its bit toward bringing back prosperity.” Low Prices Stimulus. “I have taken my surplus money out of the safety vault and invested it in buying furniture which will be useful during the years to come. It Is profitable to me to do so, for prices are abnormally low during this time of depression. It is a good invest- ment. It is socially beneficial as well, for the money so spent, when added to the amounts which others are taking out of hoarding, will start the movement toward in- creased production and decreased unemployment. “The effects of purchasing goods at this time will spread themseives throughout the economic system, and refresh every community from the Atlantic to the Pacific; the increased production of furniture, for instance, will help the retailer, the wholesaler, stimulate factory production, which in turn will provide employment for the lumberman and varnish makers and many others. With the revival of business, the income of the Gov- ernment will increase, the good ef- fects coming back to Government employes in stopping the cutting of expenses in Government work. “Let every one join In the move- ment initiated by the President, and the success will be unquestioned, the depression will be history.” Money Lost in Hoarding. “Two instances that came to my attention cured me of hoarding. The first was an old man in this city, who kept his life savings of $6,140 in his trunk. Some one found it and took it out. Baved in a bank at compound interest he would have had over $10.000 and that, invested properiy, would support him in old age. “The other was a woman here who in 17 years’ time had saved $13,000 by stuffing currency in the mattress of her bed, only revealing it to her son after she became ill. She lost over $5.000 In compound interest that would have been earned in bank—and more if she had asked the banker for help in investing it. Both thought they were thrifty. Both lost about the same amount. “That's only the selfish side. De- posited in bank, the money would have been the reserve required for nearly $100,000 of credit, and that employed in trade would have pro- vided jobs for a number of people and kept business going. I'm against hoarding now."” Hoarding Proves Boomerang. “'Hoarding? Not I—not any more. Why? Let me tell you. In early 1929 a friend of mine was fascinated by the tales of those who were coining wealth in stocks, and was saving money as fast as she could for the same purpose. ““Then came the break in prices— she got scared, drew her money out of bank and where she put it is no- body's business. She thought she was foxy. 5o did a lot of other peo- Elc who did the same thing. Result, usiness dropped off. Her boss had to lower her pay—just the amount she has been saving. Friends suf- fered the same . “Then she began to do a little thinking., First, she saw ihat the banks kere did not fail. If every one had done as she did they would have been obliged to close their doors, through no fault of the man- agement. Second, she figured up the interest she had lost and her pay reduction and decided as a fin- ancier she was & good musician. “The best way to make hard times is to stop and hide one's | times would quickly come good again.” Encouraging Bank Failures. “Fear of disaster causes men to withhold their funds from circula- tion, and this increases depression and about suffering. “I have in bank a small amount. Some time ago I wanted to with- draw it but was afraid it might be stolen from me. However, later, I drew a check and presented it to the cashier. ‘What is the matter? he asked. ‘Oh, banks are f‘llunl, and this one may soon follow,’ I re- plied. ‘True,’ he said, ‘and by your act_are hastening its failure. “I thought a moment, then, with confidence and courage. determined to let my few dollars circulate. Benefit to No One. “If the citizens of this country could be persuaded that hoarding their money benefits no one and in the end only proves injurious to themselves, this practice with its attending evils would be stopped. Few realize how far-reaching are the disastrous effects of taking our money out of circulation. The banks depend on us for their working capi- tal, and when we withhold our money, credit. facilities are restrict- ed, merchants and manufacturers are not able to get the loans they need to carry on business, and we are the ultimate sufferers, our idle dollars making idle hands. The Government recognizes that hoard- ing practiced by the masses is an evil that must be combatted. By legislative means banks have been strengthened and every measure taken to restore confidence in those institutions. For our own good and the good of our country let us put our idle dollars to work.” Gold vs. Raccoon Coat. “After reading several articles in the papers and hearing speeches on the radio I decided to invest the gold pieces I had lying idle in my safe deposit box for several years. “I became convinced that hoarded money is worthless to every one. It was no good to me because it did not bring in interest. It was no good to others because it was withdrawn from circulation. If hoarding money is not stopped. then there will not be enough purchasing power in circula- tion to enable business to continue. This will result in a ‘hot box.' By putting money into circulation through careful purchases or de- posit in a rellable bank, every one profits. The investor receives mer- chandise or interest and the mer- chant or banker sends along the money to others. People should be educated to the fact that money has po intrinsic value. It is useful only for its purchasing power. The newspapers and the radio are the best teachers to bring this home to the folks. “And 50 my gold pieces have been recently exchanged for a beautiful raccoon coat—the kind I have al- ways wanted. Of course, the fur- rier trusted me for the balance. Hereafter, any gold pieces I get will not be in a box, but on deposit, where they will earn interest.” Disturbs Peace of Mind, “I for one cannot see how hoard- ing contributes to one's peace of mind. Having lost faith and con- fidence in our banking institutions, people withdraw their funds, think- ing it is unsafe to leave them there. Then a program of saving and self- denial goes into effect that in some cases becomes an obsession. I prac- tice thrift myself, but I do believe that saving carried to this length becomes a menace to health. Liv- Ing in constant fear and depriva- tion warps our dispositions and gives us a gloomy outlook. Why postpone our happiness waiting for prosperity to return? Cultivate a normal way of thinking ang use your idle dollars to invest in some of the products of this machine afe, in sound securities, or deposit them in the bank. You will thereby help in stabilizing industry and in rout- ing the depression. I do not advo- cate extravagance or unnecessary buying, but the sensible buying of those commodities we can afford. I am concentrating on the purchase (‘.}{l an le:iectl'lc refrigerator and am erested not in frozen assets, in frozen desserts.” s Thought for Easter. oy, There is only one way to end the depression’ and that is for every one who has money to pro- vide work for the unemployed and thus restore their buying power. WkEen we all get to work and spend our earnings we will consume our overproduction’ and reach normalcy once more. At present I can think of no better way to start than to follow the fashion of the ‘gay nine- Ues' and every man, woman and child buy an entirely new outfit for Easter. Thus attired let us go bravely forth to meet the enemy.” Confidence Triumphs. “Panic! Depression! Crisis! I in- stinctively hoarded my money in much the fashion of the proverbial miser, as tens of millions were also doing. And so with an oversuffi- clency of commodities and non-cir- culation of accumulated millions, how could the glut of the market be liquidated? Unemployment Touted? Prosperity restored? I am not _an economist. But supreme ;P‘rxx:;cnsg in my country plus o mm & u"g)hed. on sense soon tri: ut came my hoard. The family purchased much-necded clothes. our house “was repaired, the old Ford traded in for a new one, the bilance adopted two “baby” bonds, and now —happiness prevails.” Patriotism Still Prevails. “The patriotic spirit that inspired me to buy Liberty bonds, when our country was at wer, is no less to- day, for we are at war with selfish- ness and hoarding of dollars. If one is willing to risk his all to save his country when the enemy is at our door, how can he withhold his money when a condition may be brought about far worse because f00d and clothing are at stake? I am again doing ‘my bit' by re- placing my money in the bank. My confidence has been restored by the new method prescribed by the Gov- ernment against hoarding.” MARCH 10, 1932 ALL FRANCE PAYS HOMAGE T0 BRIAND Body of Noted Statesman Impressively Moved to Quai D’Orsay. By the Associated Press. PARIS, March 10—The body of Aristide Briand was taken to the Quai d'Orsay this morning without other ceremony than the spontaneous expres- sion of grief which came from many Parisians who lined the sidewalks. Premier Andre Tardieu and other members of the government attended the removal. The body was placed in the clock room at the Quai d'Orsay, where it will remain until the funeral Saturday. The body was borne slowly to the salon where he signed the Briand-Kel- logg pact to outlaw war. There were impressive evidences of his Ppopularity with the people. All France Mourns. ‘Thousands of persons from al of France, including pean: p.n;ts mothers and children who suffered from the war, continued today to stream into Paris to pay homage to the apostle of peace, and great crowds stood with bared heads as the coffin was carried through the streets from Briand's apartiment in the Avenue Kleber. Besides the government officials and members of M. Briand's family, the late statesman’s faithful valet. Emile, who never left his master's during the 1last 20 years and who s slept out- side his door, teok part in the proces- sien. Many provincial cities have signified their_intention of naming streets after M. Briand. Some members of the Chamber of Deputies began a move- ment today to have him buried in the Fantheon, beside such notables as Vic- tor Hugo, Voltalre and Jean Jacques Rousseau. Messages of condolence from France and _all parts of the world continued to flow in a volume almost unprece- dented. A Parisian boy student brought 2 bouquet of roses with a card on which was written: “Before the coffin of this illustrious Frenchman, this great pacifist, A Briand, I swear to struggle like him, to the last breath, for peace and fra- ternity among peoples.” Newspapers have received appeals from many mothers urging Frenchwom- en to join in Saturday's funeral pro- cession as a mark of homage to the apostle of peace and “as a manifesta- tion of France's will to outlaw war for- ever.” I Declared to Die in Sadness. “Briand died in sadness,” sald Le Temps today, “almost in exile, but death brought him victory. His spirit has gone afar, but Briandism has be- come almost a world religion.” ‘The famous clock in the foreign office salon was draped in black and behind the catafalque on which the coffin rested was a background of the national colors of France with a large wreath of olive branches symbolizing M. Briand's lifework for peace. The four enormous candelabra in the salon were extinguished and only a few lights were left to illuminate the catalfaque, leav- ing a scene of simplicity and grandeur. ORI s SHAW IS RECOVERING FROM SEVERE ILLNESS Former Secretary of Treasury, 84, Out of Danger After Attack of Pneumonia. Leslie M. 8haw, Secretary of the Treasury in the cabinet of President Roosevelt, was reported out of danger | today at his a ent in the Ward- | man Park Hotel. Mr. Shaw, who is 84, | was stricken with pneumonia two weeks |ago, and for a time attending physi- | cians held his recovery unlikely. A trip to New York while he was suffering {from a heavy cold precipitated his ill- | ness, | Mr. Shaw had served two terms as | Governor of JIowa before taking the | Treasury post, and had engaged in !banking in New York after his retire- ment from public life. He retired from active business in 1925, and had made his home in Washington, New York and California. He is known as an author and lecturer. His daughter, Mrs. John McMillan of New York, has been in constant attend- ance at his bedside since his illness. SPRIN_G TESTS OMITTED U. 8. Tilling Scientific Posts From Registers. More than 500 colleges throughout the United States have been informed by the Civil Service Commission that the usual Spring examinations for a gToup of scientific posts in Government service will not be held this year, there being sufficient eligibles on the regis- ters to fill any vacancies. The classes affected are junior scien- tist (agriculture), junior entomologist, Jjunior marketing speciaust, junior for- ester, junicr range examiner, junior chemist, junior engineer, junior physicist and junior patent examiner, . PARTY PLANNED TONIGHT Curley Club to Hold St. Patrick's Entertainment. ‘The Curley Club of Washin wi hold a St. Patrick’s enunlmg\'f:t l(\Jl-l night at the Continental Hotel, Irish recitations by Michael John McCarthy and Aloysius McGarvey, talks by Rev. Francis J. Hurney and Rev. Francis X. Cavanagh and musical selections by members of St. Peter's Choir will be features of the gl’fle’rl-rn. The choir ;nllbe directed by Prof. Christopher ‘enley. Wine Crisis in Portugal. Overproduction has caused a wine crisis in parts of Portugal. In these sections red and white wines are being retailed at three cents a quart, good “vin ordinaire’ at four cents a bottle, and “really good wines" eight cents a bottle. Because of the limited area of the vineyards and the strong organiza- tions among Wwine firms of Oporto the plonuwme trade is not in so serious straits. SALESMAN SHOT IN FOOT Accidentally Wounded as Store- keeper Shows Gun Kept in Shop. Harry H. Lasover, 37 years old, of 648 Lamont street, was accidentally shot through the foot late yesterday by a re- Yolver in the hands of a friend, Henry Epstein, 30 years old, who was keeping the gun in his store at 1402 North ficr;‘mol street for protection from burg- Epstein was exhibiting the weapon to his caller, & salesman, when thew:lccl- dent occurred. Lasover was removed to Sibley Hospital, given first-aid and dis- charged. Eight Hurt in Earthquake. ATHENS, Greece, March 10 (#).— Eight persons were seriously uuuredl on the terday when an e: gl‘um of Cephflomuud several houses to collapse. Extensive damage » If You Want a GOOD Painting Job Done, First Get Paint That Is “0.K.” ALWAYS INSIST ON AINTS BUTLER-FLYNN P-A-I-N-T 607-609 C St. Infant Mortality Rate for Last Year | Lowest on Record Cities of 10,000 to 100, 000 Population Health- iest for Babies. By thie Associated Press. NEW YORK, March 10.—The smaller cities—10,000 to 100,000 population— were healthiest for babies in 1931, the report of the American Child Health Association for that year showed yes- | terday. A The report covers 860 cities in the birth registration area, which includes the 46 States with compulsory birth | registration. The national rate was | 622 deaths per 1000 live births, the | lowest ever recorded. Among the 10 largest cities, Chicago and St. Louis were tied for the best record with a rate of 54. Cleveland was | third with 55 and New York fourth with 55.7. Boston and Pittsburgh trailed this | group with a rate of 69, or 6.8 points | above the national average. | The association’s statement that the West coast and Rocky Mountains area | were healthiest were corroborated by the fact that Seattle led cities with over | 250,000 population with a rate of 37.| San Francisco was next with 40 lnd‘ Portland, Oreg., third with 41. Long Beach, Calif., led cities in the 100,000-200,000 class with 43; Oak Park, | 1ll, was healthiest in the 50,000-100,000 class with a rate of 28; Alameda, Calil., led the 20,000-50,000 class with 21. Among the smallest cities reporting— 10,000 to 25,000—Sherwood, Wis., was | at the top with the perfect score of ne infant deaths during the year, ANTLHOARDING WAR Resolution Adopted at Weekly Luncheon and Active Participation Pledged. The Nation-wide movement to dis-| courage hoarding was indorsed by the | Lions Club_at its weekly luncheon, | Mayflower Hotel, yesterday, and the club pledged itself to take an active part | in the drive. The following resolution | was approved: “Whereas the President has organ- ized a Nation-wide movement to dis- courage the hoarding of money, which results in insufficlent circulation and thus disturbs credit many times the | amount hoarded; and “Whereas the confidence of our | people must be brought back to normal as soon as possible; and “Whereas the civic clubs and other organizations throughout the Nation are organizing a movement against hoard- ing, therefore be it “Resolved, That the Lions Club of | the Capital of the Nation wiil do its| part in this movement and that each and every member will take an active part and also make every effort to in- spire others to bring back the financiat confidence of our country. “And be it further resolved, That in so doing we will to the best of our ability carry out our pledge of last Autumn to mlrxfl;" the cause of unemployment jrelief.” The Committee Against Hoarding is composed of the following: Arthur Heaton. chairman: David Barry, Adam F. Arnold, George L. Haines and Charles W. Hoover. The meeting was addressed by Dr. Robert Thompson of the Netional Edu- cation Institute of New York, who spoke on “Business Conditions.” 8ix new members were taken into | the club. RAIL ARGUMENTS SET I C. C. to Hear Consolidation Pro- posals April 25-26, ° The Interstate Commerce Commission announced today that oral arguments on the proposal to consolidate Eastern rallroads into four systems would be held April 25 and 26. The Chesapeake & Ohlo, Baltimore & Ohio, Pennsylvania and New York Cen- | tral are asking that the commission amend its consolidation plan so rail- roads in the East may be consolidated into four systems. The commission in 1929 authorized consolidation into five systems. s Because of the large number of new commercial firms in the West End of London trains which ran to the center of the city are being diverted to Char- ing Cross, where the number of passen- gers daily have increased 30,000 in the last five years. 14th & INDORSED BY LIONS - CHARITIES GROUP NEEDS §111.81 Increase in Relief Work Among Jobless Cited in Plea by Ufford. Relief demands have increased &o much that the Associated Charities wiil need $111,291 this year in addition to the amount allocateg by the Com- munity Chest, Walter 8. Ufford, gen- . Teported yesterday at a Charities Board meeting. Ufford announced the organization cared for 2499 familles m February, compared with 1,534 in February, 1931. More than 600 of these were jamilies which never before had asked help. Unemployment caused 1,494 of the ap- plications, Actual “elief expenditures totaled 28.- 000 last month, or a gain of 100 per cent over the same period last year. “Our budget, as submitted to the Community Chest Budget Committee and allowed by that organization” Ufford said, “was based on an estimated | increase of 35 per cent in relief funds. It readily can be seen that, with relief increasing 100 per cent, our estimate was too low and we will need the extra money mentioned if we are to continue to aid people at the present rate. “With the lual closing of ‘made’ work provided by the Committee on Employment our burden promises to become still heavier unless steps are taken to meet this additional burden that will me:n the need of stil more money if we are to continue to func- tion properly. “The 5111201 mentioned as needed for additicnal relief is the minimum upon which the Assoclated Charities can operate properly. If there is any error, it is on the side of the conserva- tive, for my personal opinion is that uch more than that, in addition to funds already allowed by the Com- munity Chest, will be found necessary.” HOOVER HELD GAINING Minnesota State Senator Visits President With Optimism. President Hoover is gaining strength politically in Minnesota, according to George Sullivan, State Senator from Stillwater, Minn., who was one of the President’s callers today. “President Hoover's economic and reconstruction pre has strength- ned him throughout the country,” the Minnesota Republican leader said. “The President has reason to feel optimistic over the political situation. He has showh courage and ability in handling the many problems that have faced him and has conscientiously handled the affairs of the Government in the face of adverse circumstances.” Senator Sullivan said that he called at the White House merely to pay his respects and to discuss conditions with the President. S R HOOVER PICTURE IN WOOD Likeness of President Presented by Ruth Bryan Owen. President Hoover today received s likeness of himself formed by the plac- ing together of hundreds of pieces of wood in mosaic fashion. unusual work was done by Arturo Boza of Key w;_a:‘, Fla. e workmanship was brought to the President today by Representative Ruth Bryan Owen. She told the President that the plaque contained more than 22 varieties of wood and that it Boz;‘ many months to complete the worl In the last 10 years not one citisen of Louiseberg, Nova Scotis, has served & sentence in the county jail or aj | in either the Supreme or County on a criminal charge. Our 615% First M offer gages an ment that you can f) ure definitely upon return, It doesn't throughout the years for which runs. B. F. SAUL CO. National 2100 925 15ih 8t N.W. | | IMENS WEAR| O’COATS Alterations at Cost—All Sales Final Sidney West, Inc. G Sts. EUGENE C. GOTT—Preside