Evening Star Newspaper, March 11, 1932, Page 4

A4 THE EVE NING STAR., WAS RELEASED MONEY | HINGTON, D. C. FRIDAY, e mic, the ' program succeed.” “must co-operate if reconstruction is to MARCH 11, 1932. Among those released today was John Mulgrew, an American citizen, who wa: KIWANIANS REVEAL HOARDED MILLIONS RETURN TO BANKS Reports From Various States Indicate Growing Success of Campaign. By the Associated Press. CHICAGO, Msarch 11.—The citizens' reconstruction organization is loosen- ing the Nation's purse strings. And from the purse, said Chairman Frank Knox yesterday, flow hoarded millions back to the banks and chan- nels of trade, the new issue of 2 per| cent United States Treasury certificates furnishing momentum Reports from thousands of men who have volunteered their time and energy the country over to aid the anti-hoard- ing dfive sponsored by President Hoover were full of optimism. i Seven million dollars was the gain 0!1 Atlanta’s bank deposits since February | 1. Two Louisville banks found their vings accounts growing by $2.640,000 | nce Pebruary 9. In Albuquerque, N. Mex., one man brought in $5000 in gold and another a like amount in old- sized currency. One bank doubled its saving deposits in two weeks and otl told of spurting savings and checkl® accounts. Massachusetts said money was coming in rapidly, New Jersey declared its campaign’ was i voluntecrs in other States Two thousand six hundred Mic! 800 communiljes were or- d 289 local chair- Tesponse foun: “enthusiastic.” COUPLES TO RECEIVE FOOD SHOW PRIZES Oldest and Youngest to Be Hon- ored in Last of Series of TUnusual Competitions. ‘The oldest and youngest married couples will receive prizes tonight at the United Food Stores Exposition in the Washington Auditorium, Ninetsenth and E streets. It will be the last of a series of unusual competitions which have been conducted each night of the show this week. A baby contest limited to infants be- tween 2 and 3 years old will mark this afternoon’s program at the food show, while a twin baby contest and a final contest to determine the “most popular” baby of the exposition will take place tomorrow afternoon. Handsome silver loving cups are being awarded winners in these contests. Mrs. Louis Skelton, 34 years old, of 426 East Raymond avenue, Potomac, Va. was winner of the contest for the title of “youngest grandmother” held at the show last night. Her daughter, Mrs. Colene Acheson, 17 years old, is the mother of a 1-year-old baby. Lambert Lyles King, 21-month-old son of Mr. and Mrs. Lambert King of 517 Allison street, was selected as win- ner of the baby contest for 18-months- to-2-year-old infants yesterday. Twenty contestants participated. The Food S8how will conclude tomor- row night with a gala carnival night affair. The several handsome prizes, cluding the 1932 automobile, three elec- tric refrigerators, two radios and other awards, will be presented to winners at the exposition at that time. THORPE ADDRESSES SCRAP INSTITUTE Editor of Nation's Business Tells Iron and Steel Men of In- dustry's Growth. Merle Thorpe, editor of Nation's Business, last night praised their 1 dustry as one which “makes one man’s ‘waste another’s wealth," speaking befcre the members of the Institute of Scrap| Iron and Steel at their fourth annual| banguet at th> Mayflower Hotel “The junk man of yesterday, who picked up stray bolts, pieces of old pipe, tires of abangdoned buggy and old bot- tles, has put on long pants, and his occupation has become a billion-dollar industry, emploving more than 200,000 men.” the speaker said. Th> banquet concluded a three-day meeting of the institute, and also was addressed by Charles F. Abbott, execu- tive director, American Institute of Steel Construction, and Senator Gerald P. Nye of North Dakota. The conference was attended by about 300 members, and yesterday ap- pointed 2 committes to act as a cen- tral agency for all exporting business. Herman D. Moskowitz, New York City, was elected president. CHILDREN'S FESTIVAL CAST TO HAVE 500 Betty Ballou and Constance Kramer, Daughters of School Head and Assistant, Jom. The young daughters of the superin- tendent and assistant s_,erintendent of schools, respectively, B-tty Ballou and . will be among the and girls who will part in Festival of 1932, at Cen- Winkle" will be presented. | will assume_the role of | “Young Rip” while Miss Kramer wiil| take the part of Judith, daughter of Rip. ‘The role of Rip Van Winkle will be played by Edward E. Muth, who has had 20 years' experience in character roles here. Miss Beatrice Mullen of Thom- son Community Center will play Dame Van W le, and Mrs. Maude Howell Smith will recite the brief prologue which is to introduce the dance festival. | Local members of the Boy Scouts un- | der the direction of Col. E. L. Mattic®, | rve as ushers, and groups of mott from various community cen- ters wiil a Hospitality, Committee | oon and will Vikewise act the personnel for the | d lightings of “Rip ! be under the direc- yder of the Commu- | Department. Musical ac- for the dances will bel! Gertrade McRae Nash | h Harold S ment CONCORDANCE OFF PRESS| Volume on Prudentius Is Work of Catholic U. Dean. An outstanding contribution to the fleld of cultural literature, an 823-page “Concordance of Prudentius” is just off the presses of the Medieval Academy of America, it was announced today. The | volume is the work of Dr. Roy J. De- farrari, professor of Greek and Latn| and dean of the Graduate School of Catholic University, and Rev. James Marshall Campbell, associate professor of Greek and Latin Prudentius is the outstanding Chris- tian Latin poet of all time and the concordance is of incalculable value to scholars in their study of the life and times of the ancient m and his influ- sace on writers of & period. ) . Cook Engaged by One So She Can Take Advantage of Bargains—Many Join Letter-Writing for Star Prizes. \ OMEN are tak a keen e cing rom et Seteived today in The Stars contest for letter writers. One said she had A & cook, and now had more time “to shop and take advantage of bargains” being of- erywhere. T eother amd_daughter, who said they previously had been rted by others, obtained employment advertisement in The Sunday Star, and now have released their relatives’ funds, and added to thelr own income for spendini D;nll: :wre people are buying house- hold n>cessities the letters indicate. Th~ Star is offering $100 in gold for {the best anti-hoarding letter, $50 in gold for the second best, and $25 in gold for the third best. Send your letter te the Anti-Hoarding Editor of The Star. ;nlhfl‘ personal testimonials to the effect of wise spending and pru- dent investment are contained in the new letters below: !w"’rhc first of February I received a semi-annual interest check which I really did not expest this year at all. “Instead of relnvesting it as I usually do. T had a buving spree and spent every cent. T may not have been wise or providential, but I hope I helped scme strumgling business cencerns who were just hanging on ‘by a thread. “If others contributed their bit and stopped hoarding it would rot take long to get money in circula- tion, thereby bringing back good times and chasing out ‘old man depression.’ " Investments Successful. “Some years ago I began invest- ing my savings in interest-bearing bonds (not speculative) and re- investing the interest which savings dded. - “T find this remunerative and in- @cresting. It keeps money safe and helps others. "‘;fdded to this is the great truth that nothing really belongs to us, but to God. and duty devolves upon us to use the money in our posses- sin for the greatest good to man- kind.” Hiding Money Found Wrong. “When we realized that strict economy was no longer stylish and that hoarding seemed criminal we decided that our plan of a ‘hard- time fund,' hidden away, Was wrong and unnecessary. “Therefore our first move was to put cur money into the so-called ‘baby bonds.’ Our next was to en- gage a cook from the ‘army of the unemployed,’ which has left me time to shop and take advantage of the bargains now offered. “Instead of hoarding for mext Winter we are buying for next Win- ter, thereby saving for next Winter. We feel that we are again living & normal life.” Conditions Made Better. “For four years my daughter and 1 had been supported by my son and my sister. Having raised my family I was not gn experienced worker in anything but housekeeping. “Last Fall I put an advertisement in The Sunday Star to this effect: Mother and daughter as cook and child’s nurse, “We got work in a nice home, and besides a combined income of $125 a month and board we have released our family wage earners’ money 50 that they can live better, buy better clothes, ‘enjoy recreation that was prohibitive while we were not work- ing. E'1"th all contributes toward em- ployment of sales girls and shop- workers. “Some thought we were lowering our ideals in doing this kind of work, but I cannot see it, unless we do not give the best service possible. “T would advise people to take a job, though it 15 not as dignified as they are used to, and then put dig- nity into it. “My daughter and I are able to buy much more than when we were living on the ‘dole.’ thus helping the merchants to take the depression ‘bull by the horns' and throw him.” Way to Stop Hoarding. “Have you stopped hoarding? “You should do so! “If every family in the United States would employ one of the un- employed every day, there would not be any cause for hoarding. “Put the idle dollars in circul tion: the unemployed would have plenty of work, there would not be any poverty “The depression started here and increased in force for five months bafore it hit Europe. “Restore prosperity and balance the budget. By spending my money conserva- tively, depositing it in a bank, or in- vesting it in sound securities. I am being loyal to the general welfare of my impoverished neighbor. My dol- lars are working for me, and I am aiding a return to prosperity.” Spending as Saving. “Spend your money and you will have it! “Paradoxical as this statement sounds, it proved true in my case, I was compelled to withdraw my sav- ings from a family fund to express my firm conviction—to spend money SEoouiese and increases the supply of it “In 1831 I put back into eircul tion every dollar I made. By s0 do- ing I contributed to church, school, laundry, painter, plumber, maid, real estate, taxes, coal company, gas company, electric company, water, parents. music school, hotels. pullman, railroads, food stores, shoe stores, clothing stores, unemployed, etc., leaving a balance of $2 in my checking account. I gave $10 to a farmer to assist in buving a horse that he might farm this Spring. T am working and will always have this world’s goods. I know the art and necessity of spending.” Harding Is Withholding. “Each time we actually hoard we are withholding from some one the necessities of Iife. It is like putting one's talent into a napkin and hiding 1t into the ground. where it does no one any . We not only hurt others by so doing, but we damage our own characters, for hoarding develops a fear complex, and it has the tendency to make us selfish and inhuman.” When you find yourself becoming a ‘hoarding individual, stop it immediately, put vour money into circulation and buy something with which you have been doing without, and thus help your neighbor as well as yourself.” Return in Merchandise. “Suddenly realizing that spare ccllars invested in certain so-called securities had not returned the ex- pected dividends, my wife and I de- cided to partake of some unusual values in ‘bousehold and other ne- cessities, thereby putting money into circulation and getting in re- turn merchandise for which at some later date we would. in all prob- ability. pay considerable more. In this manner we feel we are receiv- ing as dividends the difference be- tween the real value in times of prosperity and the amount expended at the present time. Furthermore, we have intrusted a portion. at in- terest, with an institution of proven merit and management. Money Representing Power. “A certain amount of money rep- resents a certain amount of power. ‘That is, with it I can buy some- thing useful, or anything that is necessary for spiritual or physical happiness. I can let it work for me by putting 1t in a bank, or by in- vesting it in & sound business. In every way I gain by putting it into circulation; it is an asset. This same money can _become a liability by hoarding it. It might be lost or stolen. It wouldn't bring any in- terest or returns. Therefore, no patriotic or civic duty is required— just ordinary common sense to put idle money into circulation. All my savings I have invested in a home I purchased last year. And, besides buying all the other necessary things for life and_happiness when- ever I need them, I shall feel proud and happy to have contributed a small part toward fighting ‘Old Man Depression.’ " Enemy of liurdhl;. “I detest hoarding and do the exact opposite, because: “Spending helps others. My lit- tle money helps the man who runs the small business. “Patriotically speaking, when I spend, I am doing my best for my country, for the small business is an integral and indispensable part of the economic foundation of this ‘big business' country. To keep this foundation sound, the small busi- ness must flourish. “Ethically speaking, it is wrong to hoard. Is not greed one of the seven deadly sins? “No truly sane person would hoard, because: “Death (resulting from poverty caused by unemployment) is a re- sult of hoarding. If hoarding were universal, our society would collapse. So spend, brother, spend, and have no cause for regret. Hoarding Results Tragical. “Idle dollars, idle men, hungry children, homes unhappy and some broken up. Means crime, suffering. Hoarding means loss of faith. With- out faith life would be a failure and death, too. Savings invested means more dollars for you and children. Jobs for others. Dollars added means thousands and millions. Cowards don't go to war, cowards are slackers. Hoarders are the same. Put idle money to work means jobs for others. “If you light a light you don't put it under cover, it shines for you, for others. Money is the same. “Happiness for you, for others, begin now, dollars working.” Leads to Destruction. “I am employed by one of the Government departments and do not receive a large income, but I have been saving a little from time 1o time and keeping it in my home. When the plea by President Hoover was made to put all idle money into circulation I did not pay much attention to it at first. Then I he- gan to think that even though my savings were small, if every one in the same situation would put their money back into circulation it would add materially to the cause. Few of us up to this time have ever given a thought to the question of hoarding. But when we take it in the final analysis it is easily seen that it can lead to destruction and ruin of our economic principles. “I have since put my savings back into circulation, buying things which my family and I need.” Temptations to Spread. “The questicn is not ‘Have You Stopped Hoarding?' but ‘How Can One Hoard With So Much to Tempt One to Spend?’ “Life being a cycle of needing and wanting things, both luxurious and necessary, it is best not to sacrifice happiness and contentment by deny- ing oneself in order to hoard. “With prices more attractive than at any time since before the war: with merchants searching everywhere for commodities to please the public, and manufacturers constantly intro- ducing new devices to make both work and pleasure more enjoyable, it 15 wise to spend. “Bo, let's spend 'til it hurts, and helps.” Cause of Unemployment. “Hoarded money is one main rea- Essays Against Hoarding SHOULD BE IN BY 6 PM. SATURDAY $100.00 in gold wit be paid by The Evening Star to the D. C. citizen who has returned his or her money to normal chan- nels and who will write the best 100-word account of the reasons why hoarding was stopped. $50.00 in gold wil be paid to the writer of the second best letter. $25.00 in gold win be paid to the resident of the District of Columbia who writes the third best letter. WRITE AND TELL US WHAT YOU HAVE DONE TO FUR- THER THE WAR AGAINST IDLE DOLLARS AND FROZEN CREDIT. Letters will be received up until 6 p.m. Saturday. Only those recelved before that hour will be considered in this contest. Names will be kept confidential until the victors are announced. Address all communications to the Anti-Hoarding Editor of The Evening Star. HELP THE CAUSE ALONG—TELL OF YOUR EXPERIENCES—AGTNOW ! BRNEING RELEF Results of Anti-Hoarding [ Drive Gratifies Secretary Milis and Others. (Continued Prom Pirst Page) national bank failures since February 17, the first time that the number has been so small in nearly two years. Federal Reserve Board reports also showed a decrease in bank failures for the month of February, but officials de- clined to make them public pending their formal announcement in the Fed- eral Reserve bulletin which will be is- &ued In about a week. While money in circulation showed a decrease, the country's monetary gold stock increased $12,000,000 in the week, bringing the amount held by the Nation 1o $4,362,000,000. [ Pointing to the strength of Wash- | ington banking institutions as deserving | the utmost confidence of people of this city, A. J. Driscoll, president of the Mid-City Citizens' * Association, and vice president of the Monday Eveni Club, in a statement today predicted that the membership of citizens’ organi- zations in the city would actively sup- port the anti-hoarding drive. Need of Hidden Money. The campaign, as Mr. Driscoll ex- plained it. is “to bring Lack into circu- ) lation, where it properly belongs. money ! that may be hidden away in old socks, or other musty resting places.” “It is certainly not my intention to indicate to any person where they should make their deposit. Our splendid banking houses, and building associa- tions ord the depositor ample pre tectigh, as well as payment of interest, he sqii. “In this I need only call at- tenti® to a recent run on one of our buildirng fations, where every de- mand not only met, but the insti- tution remained open after regular closing hours, in order that all demand- ing their deposits should receive same. This institution is still going strong.” Mr. Driscoll also recommended the ttractive investment the Treasury Department is placing at the disposal of our Reconstruction Committee in the shape of short-term certificates paying interest, aimed to release dollars that cannot be gotten into banking business, or other normal business channels, to accommodate the small investor. “My 18 years' experience with citizens' associations of Washington, being presi- dent for that span of one of the largest and most active,” said Mr. Driscoll, “leads me to the statement, that the entire membership of all organizations here is going to support President Hoover and the Treasury Department in the present call. We did it during the sale of Liberty Loan bonds, and we are going to do it now. “Once agaln we are afforded a splen- did opportunity for service. I am therefore appealing to every member of each and all associations to support Mr. Noyes and his Citizens' Reconstruction | Organization in the work before them. In stimulating public confidence in the soundness of our country we will do much to overcome the present economic situation.” Improvement Is Seen. Expressing new confidence in the economic situation, Mr. Wood of the | Washington Gas Light Co.. in a radio address last night over WRC, declared that “personally, I believe that things have already begun to clear up. _ “A great many constructive moves have been made by governmental and private agencies to relieve abnormal conditions,” he said. “Through the National Credit Corporation, the Re- construction Finance Corporation, the Rallroad Credit Corporation and, more recently, the Glass-Steagall bill, every reasonable assistance is being given toward building up confidence and lib- eralizing credit. “During the last two years a great many soft spots in business have been eliminated, and the majority of com- panies are now on a sound basis.” Declaring that “fortunately there is little hoarding in Washington,” Mr. Wood suggested to his hearers, how- ever, that money which has been kept out of circulation and hoarded can go back into circulation through any of the following channels: “By its expenditure for needed mer- chandise or home improvements at current low prices; by its investment in sound securities; by its deposit in a sound bank; by the purchase of ‘baby bonds.’ " Calling attention, however, to the fact thal these baby bonds are an emergency measure—the speaker said “for this reason there is no advantage of taking money out of sound banks and putting it into baby bonds.” Discussing the economic situation, Mr. Wood said that “the primary prob- lems of production hzs to a great ex- tent been solved, but there now faces society another task quite as important re—that of distribution anc H “It is quite apparent that business depends very largely upon our facilities for exchange of goods. And any one who does anything to retard this ex- change of goods by fallure to make normal necessary purchases or by keep- ing money out of circulation by hoard- ing it, is obviously helping to bring about the downfall of our economic structure.” “The great mass of people, which son why unemployment continues. I stopped hoarding because, I think, hoarded money does not give its owner any good benefits. Hoarded money should be used now to buy furniture, clothes and other furnish- ings while prices are low. That is what I have dome. By spending hoarded money, which otherwise would be useless in aiding industry, unemployment would vanish and ‘good times’ would be here again That is another reason why I have put money that I stored away into circulation again. But the main reason why I have stopped hoarding is because it benefits me and bene- fits our country.” Drop in Store Sales. “Statistics show decrease of 8 per cent in department store sales, 1930- 20, and 11 per cent decrease 1931-30 For Washington, relative decreases were 15 per cent and 2.1 per cent, 1929. Retail trade in the United States, 1929, was placed at $53.206,- 785,634, and for Washington $331,- 000,000. Eighty-five per cent of our spendable income is controlled by women (estimated). What an op- portunity for women! For the past two years I have used my income to purchase merchandise for present and future use, and have borrowed from the banks to improve my home. A dollar is worth $1.50 today as compared with a few years ago. It is good business, as well as a patri- otic duty to keep all spendable in- come in circulation.” BUY or RENT Office Furniture H. Baum & Son 616 E St. N.W. Eves Examined Glasses Fitted DR. CLAUDE S. SEMONES Eyesight Specialist Phone National 0721 410 McLachlen = “I":l and G Sts. l-.#.' Mr-f!;lh:}u dieal Nat. 9136 | Tumulty on Alr. Sharply criticizing the hoarder of idle dollars, Joseph P. Tumulty, attor- ney, secretary to the late President Wilson, last night reminded the Na- tional Capital in & radio bddresl over WRC that America had always Snneroed Vickorious fom panics and de- pressions, and called upon the peopl %o substitute the “philosophy of faith” for the “philosophy of fear and doubt. “In the life of this Nation panics and lepressions are not unusual happen- ings,” he said. “They are the that affect the body politic. America in the past has been affiicted by panics and and by reason of our great resources she has emerged tri- umphantly, stronger and better, more magnificent and prosperous in every way.” 'x’mm. briefly the history of panics, when “we had & bad fall,” Mr. Tumulty pointed to this record as the “trial bal- ance of America that he who runs and hoards may read. The impulse to hoard is based upon the basest and meanest passion of man,” he declared, “that of fear. The man who hoards mot only runs in panic from himsel{ but by his very act he separates himseli from his fellow countrymen who int to stand by their Government and its people ta the end. “One who hoards pulls down the tem- ple of credit upon his head.” said the speaker. “Uncle Sam, if the necessity should ' come, can do without the hoarder, but the hoarder cannot do without Uncle Sam.” Clouds to Pass Away. Paying tribute to “our beloved Uncle Sam,” Mr. Tumuity said: “With the vicissitudes of the past few years he has grown older and grimmer, but with it all wiser still. He is not discouraged nor in panic. He knows that from a fringe of nations along the Atlantic seaboard in 1776 America has grown into a great economic power—the lead- ing Nation among the nations of the world. He is conscious that the things through which we are passing are tran- sitory and ephemeral; that soon the clouds will pass away, and that then will come the sunshine. He is hoping that in this emergency we will show ourselves worthy of those who set up this Nation, who built it out of their tears and sacrifices. There could be no better times than this—the Bicenten- nal—to prove that we are worthy sons of a worthy sire.” Arthur Hellen, attorney, speaking over Station WOL, called upon the people of this city to help restore con- fidence and bring a return of pros- perity by bringing out their idle dollars. “By far the greater part of the busi- ness of this country, and, in fact, any country, is done on credit,” he said. “This “applies not only to the large organizations but to the individual citi- zen. to you and to mé whether our means are large or smell. Now, the basis of all credit is confidence and faith in our Government, and in the sound financial and business institu- tions of the country,” The speaker addressed his talk to “those of you who have money in safe deposit boxes, old socks, bureau drawers and similar places, hoarded and out of circulation—in other words, idle money, which is just as unproductive and dan- gerous as idle hands or idle brains. Cites Harm of Hoarding. The harm of hoarding was laid by Mr. Hellen to three things—first, it is dangerous and hazardous; second. it hurts you directly, and you are getting no return on what you have saved, and. third, it hurts legitimate and honest business, which thrives and flourishes only if money is in circulation, and unless business is thriving and flour- ishing in the end you are the sufferers.” Declaring the Government needed the | help of the hoarder, the speaker sug- gested that the principal means of offering such assistance were “by tak- ing advantage of the present low prices to purchase merchandise or make neces- sary home improvements, by depositing this idle money in a sound bank, and by investing it in sound securities.” In recommending purchase of “baby bonds” Mr. Hellen explained that by such purchase “you are really getting interest-bearing dollars for your pres- ent non-interest-bearing dollars, and at the same time are doing your bit to restore to the Nation and all its citi- zens happy and prosperous times.” 20 FROM PRISON President’s First Act Is to Release Group of Po. litical Offenders. By the Assoclated Press. DUBLIN, March 11.—The gates of ing long jall sentences for offenses and who became. fre tical thanks to the change in government with the election of Eamonn de Valera as President. A crowd of many thousands outside Arbour Hill Prison, where De Valera himself once was incarcerated. cheered wildly as 17 men appeared tals. The released inmates to shoulders and carr automobiles. “Welcome Home.” The cars. adorned colors, carried signs reading: = “Wel- come Home, Republican Prisoners.” There was a great parade through the | streets of Dublin between rows of | cheering throngs, and the prisoners Iwu» taken to & hotel for a public arge tri- reception. George Gilmore. one cf the men re- leased, was sentenced to five years sev- eral months ago in conr with the discovery of a dump of g Gilmore bore cbvious traces «f his ordeal Throughout his term he refused to wear prison clothes, making it necessary that he remain in bed, he was very weak “Yes, it was tough” he said, “but it was worth it. The republic isn't dead yet." The crowd cut short his words. Priends, cheering loudly, lifted him to their shoulders and bore him away. Another of the men released was Frank Ryan, editor of the Republic, | who was under sentence for three months for contempt of court. Others to Be Freed. Two prisoners were released from Maryboro prisn and one from Mountjoy. It was expected that others would be released within a few days and that the public safety act, which authorized the military tribunal by which many po- litical offenders were sentenced, would be repealed by an order in council be- fore the adjournment of the Dail for Holy week. The release of the prisoners took place before De Valera had been in of- fice 24 hours, and apparently it was his first act. Arbour Hill has been used for po- | litical prisoners for more than 10 years, Mr, De Valera was there in 1923, when and |an American commission visited him | to take evidence. He refused to recognize the commission so long as he was & three Irish prisons opened wide yes- | for 20 Irishmen who were sery- | sentenced in November to six mont! imprisonment and deportation on com- pletion of his term. SENATOR FESS TALKS ON G. 0. P. HISTORY ‘Benew! Activities From Arthur to McKinley in Address Before Young Republican Club. History of the Republican party from the administration of President Arthur to the assassination of William McKin- |ley was discussed by Senator Simeon D. Pess of Ohio, chairman of the Re- publican National Committee, at the monthly meeting last night of the Young Republican Club of the Dis- trict at the club house of the National Capitol Republican Cub, Sixteenth street and Scott Circle. Senator Fess' talk, which was more the form of a review of political his- tory, was one of a series in which he has outlined the history of the Repub- lican party from its beginning. Representative Frank Crowther of | | New York, during a brief talk at last | night's meeting. discussed the tax prob- |lems now facing the Nation. He ex- | pressed the opinion that the increase |in"the national debt was due to a breaking down of credit rather than to deflation of currency. He urged a high protective tariff as a necessity to promote American industry and to maintain the present high level of wages and the standard of living. He declared that Americans should buy American- made goods as an added means of re- suscitating business in this country. CHURCHES LENDING AID IN CAMPAIGN FOR JOBS Literature outlining the activities of the Work Creation Committee of the District Employment Committee will be distributed in local churches Sunday through the co-operation of the Wash~ ington Federation of Churches. The pamphlets were circulated last Sunday, but church attendance was far below normal because of inclement weather. The federation decided yes- wise. Col. E. G. Bliss, chairman of the | Work Creation Committee, cited the | work of the Good Works Circle of the Chevy Chase Presbyterian Church in finding positions for approximately 50 men and women. “This is a shining example of what |a church can do when it is really aroused.” Col. Bliss said. “I am sure that if we can get the churches of the city awake to the tremendous possibili- ties that lie within their own organi- 2ations, we can do a great deal toward t}!\f relief of the unemployment situ- ation.” Drive Decreases Hoarding $39,000,000 in One Week By the Associated Press. How about these for signs of im- | provement? | Hoarding during the last week de- | creased $39,000,000. National bank faflures in the last | three weeks were only two, lowest num- | ber for such a period in nearly two | vears. | *_The country's gold stocks increased $12,000,000 in’the week. | The Treasury's latest issue of cer- tificates ($900,000,000) was oversub- scribed nearly four times in two days Loans to brokers and dealers reported by the Federal Reserve Board bounded up $57,000,000, reflecting increased stock market activity. | The reduction in total money in circulation since President Hoover called | for & campaign against hoarding now amounts to a total of $87,000,000, bring- ing the total of currency and coin out- standing for all purposes to $5544,- 000,000. The country’s gold supply has | gone up to $4,362,000,000. There was | Just $3,402,725,500 of capital clamoring |to be taken in exchange for the ‘ Treasury’s new issue of short-term vaper, the larger part of it offered for | the one-year 3% per cent certificates. This was taken, partly at least, as an | indication of public confidence Government securities. The amount to be sold has not yet been an- nounced. At the same time Secretary Mills let it be known that the “baby bonds,” special anti-hoarding weapon | of the Treasury, are selling well. No iwuu are in yet, for they are being retalled by banks and returns are slow. | terday that a second distribution would | in | exact | AID FOR CHILDREN 242 Underprivileged Cases Handled in 10 Years, Cost $33,953. The work of the Kiwanis Club in the interest of underprivileged children was | outlined at a meeting last night of the | Thomsan School Parent-Teacher Asso- clation, when the Washington Kiwa- nians staged a typical club meeting. | _After a brief business session of the parent-teacher organization, Edwin F, Hill, vice president of the club, presided over the Kiwanis Club meeting. John S. Bennett, superintendent of the Cen- tral Union Mission. pronounced the in- vocation. after which Mr. Hill “intro- duced” the Kiwanis Club “guests,” who included J. T. Robb, president of the Thomson & ol Association, and Mrs. A. C. Driscoll, secretary Reviews Child Program. Charles W. Pimper, chairman of the Kiwanis Club’s Underprivileged Child | Committee and speaker at the staged Kiwanis meeting, reviewed his club's work for unfortunate children. The club, he said, has handled 342 cases during the past 10 years and has spent $33.953.75. The largest number of casds were the 83 paralytics. Rickets was seccnd with 75 cases and various foot deformities were third with 41. The club’s exnend:tures were for hospitaliza- tion, casts, braces. nurses’ salaries and the automobile for their use Other speakers included James B. | Evans, Mark Lansburgh, Charles R. Huff, Dewey Zirkin and George H. | Winslow. Win Boxes of Flowers. Boxes of flowers, given by Z. D. | Blackistone and George C. Shaffer, were won by Miss Catherine Thalls, 628 G street, and Mrs. Ruth Stevens, 1335 Eleventh street. Music was presented by the Chesapeake & Potomac Tele- phone Co. Glee Club, under the direc- tion of Robert H. Davidson. Miss Dor~ othy Reddish, accompanied by Mrs. Margaret Morgan Harry, sang. Guests at the miniature Kiwanis Club meeting included Mrs. Joseph N. Saunders, president of the District of Columbia Congress of Parents and Teachers; Miss Gertrude Bowling, di- | rector of the Instructive Visiting Nurses, nd George W. Offutt, president of the | Board of Trade. I PHONE PROGRESS SHOWN Engineers Observe 56th Anniver- sary of First Conversation. Marking the fifty-sixth anniversary of the first ule&hone conversation, the Institute of Radio Engineers last night at a meeting at the Continental Hotel was shown a series of motlon pictures dealing with progress in the ‘telephone industry. An accompanying explana- tory talk was made by E. P. Hogan of the commercial department of the Chesapeake & Potomac Telephone Co. The first crude telephone instruments on March 10, 1876, carried a message between two rooms of a residence in Beltimore, Md., between Dr. Alexander | Graham Bell, inventor of the telephone, | and his assistant. Chain Bibles to Pews. | The Bibles in the Congretional Chapel at Bedworth, England, have been | chained to the pews to prevent their | thett. MAKE YOUR HOME MORE LIVABLE BY INSTALLING All Modern Improvements. | 12 Months to Pay. || Weatherproof Centracting Bond Bidg. 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