Evening Star Newspaper, May 8, 1932, Page 2

T A2 = FINAL LINDBERGH BABY DRIVE BEGUN “Deadline” Reported Set for Monday as Negotiators Make Supreme Effort. | By the Associated Press. NORFOLK, Va, May 7.—With only brief glimpses of their movements ob- tained through the ever-tightly drawn veil of secrecy, John Hughes Curtis and his assistants were believed prepared tonight for a final and supreme drive to complete negotiations for the return of the Lindbergh baby. The report of a “deadline” being set for Monday, the possibility of which was admitted by one of the inter- mediaries, added to the feeling of tenseness connected with the ma- neuvers of the Norfolk negotiators. Curtis and his party have been putting out to sea in the yacht Marcon almost daily, presumably to make contact with the kidnapers His associates, Very Rev. H. Dobson- } Peacock and Rear Admiral Guy H. Bur- | rage, Tetired, are preserving in utmost secrecy the progress of Mr. Curtis’ work. Dean Dobson-Peacock said tonight had conferred again with Lieut. George L. Richard, naval officer assisting Mr. Curtis, but refused to give any details concerning the conference. Mr. Curtis has been accompanied on his {requent trips on board the Marcon by Lieut Richard and his friend, Ed- win B. Bruce of Elmira, N. Y. Reports also connect Col. Lindbergh with the negotiations here, either as a member of the yacht party or as & passenger aboard the naval planes which usually are observed flying toward the Virginia capes during the trips made by the Marcon. Lieut. Richard was reported to be away from his office and home today, but it could not be definitely ascer- tained if the Marcon had made another secret trip. Monday, the day which the Ledger- Dispatch said it learned was set as the “deadline” for negotiations unless new developments came in the meanwhile, also will mark the end of the second month since Curtis first entered into the case as a negotiator. TEXAS CLUE EXPLODED. Doctor Believes Story of Pair With Baby Resembling Stolen Child. GALVESTON, Tex, May 7 (®— Identity of a baby at an Infirmary here, said greatly to resemble the Lindbergh infant, was partly clarified today by the arrest of & white men and woman, who said the child was their own. The couple told officials the child was born at Liberty, Tex. They had come here recently from Anahuac and were living in a fishing camp. The attending physician was inclined to believe the couple’s story. HIDDEN BILLS SIGNIFICANT. Police See Hope in Failure to Circulate Ransom Money. HOPEWELL, N. J, May T (P — Bignificance was seen tonight by New ! Jersey State police in the fact that only two bills of the $50,000 by Col. Charles A. Lindbergh to the kid- napers of his child had been reported. “The list of bills used in the ransom money has had a very wide distribution . throughout the coun ighboring eountries and Eur Col. H. Norman Schwarzkopf, head of the State lice. “The fact that only two bills ve been reported is significant.” Schwarzkopf also spiked rumors the assassination of t Doumer of France might hlvtml:e‘m the work of same group kidna) the Lindbergh beby. e DOLLAR SLIGHTLY BETTER Age Cause of Anxiety Over Condi- tion of Ship Owner. SAN RAFAEL, Calif, May 7 () — Capt. Robert Dollar, 88-year-old dean of Pacific Coast shipping men, was re- ported by his physician today to be slightly improved and resting com- fortably. The veteran head of the Dollar Steam- ghip Co. is severely {ll with bronchitis 8t his home here. His condition is considered serious because of his ad- vanced age. ——— TREE TO BE PLANTED Kate Waller Barrett Will Be Honored. A tree will be planted on the grounds of the Florence Crittenton Home Fri- afternoon in honor of Dr. Kate ‘Waller Barrett, who succeeded Charles N. Crittenton as president of the Na- tional Florence Crittenton Mission. A memorial service will aro! the tree at 2:30 o'clock. Mrs. John Boyle, jr, is in charge of the program. A board meeting will be held earlier in the day. Dr. o Slain in Brazilian Clash. RIO DE JANEIRO, May 7 (#)—One person was killed and 12 were wounded W strikers, who police said were headed by foreign agitators, sought to disrupt street car, light, gas and tele- phone service here tod Clashes with police came after several street cars ere fired on April Circulation Daily... 122,638 Sunday, 128,693 of W 1 4 c 1 1 1 1 1 1 1 1 1 1 1 Less adjustments ... Total net dally circuiation. ., Average daily net paid circulation. . 121,333 Daty sve £ service, etc Deily average net circulation. RUNDAY. Copies. Days, 130181 17 D,n'l a9 3 L Coptes v 30 LI Less adfustments ...... Total Sunday net circulation. Average net pald Bunday circulation 128,48 Aversze number of copies for ser lce. ete s e s 128,603 > NEWBOLD, Business Manager @ gvora to before me this AD. 1832 ELMER P. YOUNT, = tla. N Average Sunday net circulstion... Bubserite: an %:{' of May ) He believes this condition can be cor- A 7 STAR., WASHINGT( IN, D. C, MAY 8, 1% 32—PART ONE. The Goldsborough Bill Proposal, as Passed by House, Seen as Another *"Psychological” Experiment to Restore Con- fidence—But It Might Not Work. BY JOHN H. CLINE. HE Goldsborough bill to reise | commodity prices is an interest- | ing excursion into the realm of | psychology—an avowed attempt on the part of Congress to legis- late a particular state of mind into existence. | ‘As the bill's author, Representative T Alan Goldsborough of Maryland, sees the current economic difficulties, they are the result larges; of lack of confl- dence on the part of bankers as a class. ted by law. rc;-]lfid bflyl. passed in the House by the overwhelming vote of 289 to 60, would amend the Federal Reserve act so that the Federal Reserve Board and the Federal Reserve banks would be “au- thorized and directed to take all avail- able steps to raise the present deflated wholesale comodity level of prices as speedily as possible to the level existing | before the present deflation, and after- ward to use all available means to main- s level." tm)‘}rl.hS‘Go!(‘lsbm‘ough thinks the pl”Cf’ Jevel can be raised if the Federal Re- serve Board will publicly announce that it has reccived a mandate from Con- gress and is going to purchase in the open market $100,000,000 worth of Gove ernment bonds every week and adjust rediscount rates until the general price level rises to approximatly the level of 1926, A Mandate From Congress. ry,” he said, “is known that the Gko-.- ernment is buying and 1s going to keep on buying secu: at this rate. Grad- ually the bankers as a class will regain confidence in the economic structure | and will begin to"extend credit again | to the producer. The producer Wwill start purchasing raw materials and en- | gage labor, the buying power of the! commuity will be increased and com- modity prices will rise.” | The Federal Reserve experts are heartily in accord with Mr. Goldsbor- | ough in every particular save one. They readily agree thst a rise in commodity prices is supremely desirable and admit that for some time they have been buying Government bonds on the open market just as Mr. Goldsborough wants them to do. The bill, they believe, is admirable in | purpose, but has one fatal defect—it won't work. They do not believe there is any way in which the Government can force credit upon the country if there is not already in existence a de- mand for that credit. The bill has two features. an emer- gency and a permanent feature. The emergency feature contemplates a rise in the general commodity price level to the average between 1921 ana 1929, The permanent feature anticipates the sub- stential maintenance of that price level. “It is imposgible for the debts of the | country to be paid at the present price level,” Mr. Goldsborough said. “Unless the price level is raised the business of | the country is headed for inevitable bankruptcy.” Dollar's Value Increases. The value of commodities, as meas- ured in dollars, has been gradually de- creasing since 1929. In other words, the purchasing power of the dollar has been gradually increasing. This means | that the producer or the debtor is being confronted with an ever-increasing bur- den. His debts, principal and interest, remain fixed. The commodities he sells and which would have purchased a given number of dollars when he bor- 1owed them have decreased in their purchasing_power. . In an effort to re-establish substan- tial justice between the debtor and 1 8 down on the average from that price level, you are immediately confronted with the fact that to fix a price, whether you do it directly or indirectly, is very difficult unless you control pro- duction “Well,” Mr. Goldsborough said, “we canot do_that “No,” Mr. Meyer replied, “but it is necessary before you can level price: Mr. Meyer also opposed any stipula- tion as to the precise amount of bonds to be purchased at regular intervals, “Stabilteation of prices is not only a | question of the quantity of bank credit that s available, he said. he ve- locity of the turnover of that same volume and the use made of it is very fmportant. At that stage there comes in the element of human judgment as to how far to go, how fast to keep it up, when to stop and When to reverse." At one int in his testimony Mr. Meyer said the mandate in the bill was equivalent to ordering a man to | run 100 yards in 10 seconds when such a feat {5 a physical impossibility for him One expert for the Federal Reserve Board called the committee’s atiention to the virtual impossibility of forcing currency into the business channels of the country. “The Federal Reserve banks” he said, “can issue Federal Reserve notes only to the extent that the notes are required by the country. If. for ex- ample, a dealer sells bonds for Federal Reserve notes. and has no use for this money, he depogits it in his bank and through this bank they immediately come back into the Federal Reserve ystem. Mr. Goldsborough has spent years studying the problem of stabilizing the price level and he feels that his bill, at | the least, must be regarded as an hon- est effort to remedy the present situa- tion. Although he attaches great weight to the views of its opponents, he be- lieves the bill will produce the desired results. In any event he feels that it is something, and that something is better than nothing at a time when business conditions are growing stead- ily_worse. When the bill comes up in the Senate, it Will be bitterly opposed by those who think it is a thinly disguised inflation- | ary step calculated to produce revolu- tionary and dangerous changes in our monetary system. In view of the hopes and fears, claims and counter-claims of the experts, it is exceedingly difficult for most observers to see how the measure, if it becomes a law, can have any great effect in re- storing confidence throughout the coun- try as & whole. And, according to its author, if it fails of this, it will accomplish nothing. FOREIGN WAR GROUP WOULD TABLE BONUS Military Order Condemns Proposed Cut in Defense Funds—Offi- cers Elected. By the Associated Press. BALTIMORE, May 7.—Resolutions suggesting that Congress postpone dis- cussion of bonus payments to World War veterans, advocating adequate ap- | propriations for national defense and condemning proposed cuts in the Army and Navy personnel were indorsed to- day by the Military Order of Foreign Wars. Col. P. Bt. G. Bissell of New York creditor, Mr. Goldsborough said, it was | decided to boost prices to the 1926 level. | “Unless the price level is raised,” he declared, “the burden of debt will con- | s elected commander general for three years, succeeding Willlam S Bainbridge of New York., who presided at the two-day convention. be held i tinue to serjously hamper production | and destroy the producing class as now constituted. Eventually the creditor class, being unable to collect their fixed obligations, would also go down in the crash.” In studying the question of what could be done, he said, serious consider- ation was given to the fact that the Federal Reserve System, under the lead- ership of Benjamin Strong, former gov- ernor of the Federal Reserve Bank of New York, measurably stabilized the price level for several years by open market operations and by adjustment of the rediscount rates of the Federal Reserve banks. “If the Federal Reserve System could stabilize prices then,” Mr. Goldsborough declared, “they can do it again.” Desired Result Lacking. | Other officers elected were secretary | general, Maj. J. W. Morgan of New York; treasurer general, Maj. E. S. Bettelheim, jr, of Washington: registrar general, Col. W. I. Forbes of Pennsylvania; historian general, Col. P. H. Martin of Wisconsin; chaplain general, Stick of Baltimore; surgeon general, Col. C. H. Schlichter of New York. BONUS SUPPORTERS LAUNCH MOVE FOR SUMMER SESSION ned From First Page) The open market operations of the Federal Reserve System, the purchase | of Government bonds and the lowering | of the rediscount rate Ao date have not produced the desired result. A lack of confidence on the part of the bankers has resulted in contraction of credit and a lack of confidence on the part of the bank depositors has re- sulted in withdrawals of deposits and hoarding. These two factors have con- sistently offset the anticipated bene- ficial effect of the Federal Reserve operations. Mr. Goldsborough thinks the pur- chase of securities by the Federal Re- serve would work out in this manner: “Agsume that the bank in my home town has $100,000 worth of Government bonds in its vaults. After the Federal Reserve system starts buying Govern- ment bonds steadily the price rises 8 little and the bank decides to sell. It does so and at once has $100.000 in cash or credit to dispose of. It may be indebted to the Federal Reserve Bank for $50.000, and this will be paid off. There is then an unused surplus of $50,000. What is the banker going to do with it? firmly- believe that if he knéw the Fed- ral Reserve was definitely in the open market and was going to stay there until prices went up he would have suf- ficient Adence to lend this money to producers, 1f this process were re- peated in banks all over the country our depression would vanish almost overnight Of course, no one bank can reduece ite reserves and extend credit in times like these and survive, Tt must be a concerted action on the part of the majority of banks. The majority of the bankers, however, are not going to take step, and they cannot be blemed ! they are confident their banks wi er as a result. The burpose of this the report said, “is that we start the printing presses to working and print additional money. * * At the pres- ent time we have outstanding currency to the amount of $5,400,000,000. This tion in our currency of almost 45 per cent. * o | Rainey said the impression seemed to prevail that Congress, in creating the $2,000,000,000 Reconstruction Finance | Corporation, “has authorized the dona- | tion to the banks and railroads of this | enormous sum of money.” “We have appropriated $500,000,000," the report continued. “The R. F. C. is | not making any donations. It is loan- ing money for the purpose of saving from destruction solvent banks and | solvent railroads. * * * | “Patriotic citizens throughout the country and newspapers ought to cor- rect the erroneous impressions which are going out with reference to the operation of the R, F. C. * * *~ | Veterans' Aid Reviewed. | The report continues in regard to veterans that ‘“great liberality has characterized the treatment of veterans ; of the World War” and points out that from April, 1917, to June, 1930, States and municipal subdivisions of Stat have provided in bonuses, emergen: relief, State soldiers'’ homes, other homes, and so forth, and loans for World War veterans, the large amount of £649.860.585 “The Government of the United States has already paid on account of veterans of the World War up to date $6,000,000,000 and according to the testimony of Gen. Hines, if we con- tinue at our present rate, with no authorizations increasing our present is to give them that commitments, by 1945 we will probably | 1d War veterans $21- would amount to an immediate infla-| IMOURNING FRANCE BANISHES POLITICS Al Parties Call Truce—Dou- mer Slayer Is Held Bolshevist. By the Associated Press. PARIS, May 7.—Alexandria Miller- and, former President of France, and Plerre Julllen, head of the secret police, declared today that the assassin who killed President Paul Doumer was a Bolshevist. Their statements came on the eve of the important run-off election which is Chamber of Deputies. In the first balloting last Sunday, the voters swung toward the Left. Some political commentators have seen in the slaying of the President and the horrified sorrow that has swept the teracting this tendency to the benefit of more conservative parties. M. Millerand asserted he had person- al information which “permits me to say in the most categoric way that the vist forces.” ‘The chief of the secret police said he had obtained evidence which led him to believe Dr. Paul Gorgulov, the Rus- involved in a Bolshevist group. On Thursday, the President will be given a national funeral, the highest honor accorded by the republic to its eminent dead. The body will lie in state in Elysee Palace Monday, Tuesday and Wednes- day, that all citizens may pay their respects at the bier. Premier Andre Tardieu will deliver the funeral oration from the steps of the Pantheon, where M. Doumer will be buried with the great of past days— /oltaire, Jean Jacques Rosseau and Victor Hugo. Le Brun is Likely Choice. Premier ‘Tardieu had a conference tonight with M. Le Brun and Fernand Bouisson, President of the last Cham- ber of Deputies. The new President of France will tion at a joint session of the Senate and Chamber of Deputies Tuesday and according to custom Premier Tardieu will present his resignation, which he will continue carrying on the government until a new cabinet is formed in accordance with the political complexion of the new chamber. Albert Le Brun, who succeeded to the presidency of the Senate when M. Doumer left that post to become Presi- dent of the nation, has been mentioned as the, most likely choice. M. Le Brun was & candidate for the presidency, May 13, 1931, a elected Dr. Gorgulov was formally charged with the assassination before an ex- amining magistrate today. An attorney will be named for him Monday and as on_trial. Three alienists examined Gorgulov and declared him a sane man, respon- sible for his crime. Nations Pay Tribute. The body of the aged chief of the government lay in state in the green room of the presidential palace, past the iron gates of which streamed thou- sands of silent Parisians. ‘The public was not admitted today. But there was an unending flow of notable visitors, including diplomats of all the nations of the world bearing ex- pressions of sympathy from their gov- ernments. Ambassador Edee tendered condolences of the United States. Throughout the nation flags were at staff. Public were draped in black, and all civil and mili- tary officials were ordered to wear mourning for & month. The death of the President stilled the turbulence of the election campaign for | the Chamber of Deputies run-off to- | morrow in which the voters must fill the remaining 361 seats in the Chamber of 615 members. The electors will cast their ballots at booths draped in mourning. Political parties declared an unofficial truce. Ambassador Edge announced tonight that the laying of the corner stone of the new American embassy, which was scheduled for May 25, had been can- celed on account of the period of mourning. SOVIETS DENY CHARGE. Claim Doumer Assassin Is Arch Foe of World Communists. MOSCOW, May 17 (#).—The Com- munist International, representing the | Communist parties of all nations, pro- | tested in a statement tonight against what it called the identification by an official French communique of President | Doumer’s assassin as & Communist agent. The declaration of a Prench official that he believed the assassin, Dr. Paul Gorgulov, was involved in Bolshevist group was described as a “slanderous” attempt to absolve Russian White (anti- Soviet) Guards of guilt. The statement was signed by repre- sentatives of the Communist parties of Soviet Russia, France, Germany, Eng- land, Czechoslovakia and Italy. “Not to speak of the fact that Gor- gulov is a most deadly enemy of Com- munism, as appears in his pamphlet and testimony, the world knows that the Communist International, being an international mass organization of the working class, always most resolutely rejected and still rejects, in accordance with its program, individual terrorist acts,” the statement said. Soviet newspapers will publish what they describe as part of Gorgulov's late | history, saying he is head of the “All- Russian National Peasants” otherwise | known as the “Agricultural Party of the | Greens,” and stamping him as an active | counter-revolutionary and enemy of | Bolshevism. | _The contention is made here that the | effort to represent Gorgulov as a “Neo- Bolshevist” was just another attempt to “efend a White Guard terrorist seeking to worsen relations between the Soviet | | Union and other countries. . %0 decide the make-up of the new nation a powerful factor toward coun- | assassin belonged to the regular Bolshe- | sian who shot down the President, was | enter office immediately aiter his elec- | after | when M. Doumer was | quickly as possible he will be placed | has | Japanese government is altogether too | the wisest and soundest policy for J: | folio of foreign affairs. | months when he has had to do a good | deal of tight-rope walking. | fidence of the officals who were in di- | so often compelled to make. CONTROLLER BERRY | ASSAILS WALKER Officials in Open' Break as Mayor- Is Accused of Tolerating Graft. By the Associated Press. NEW YORK, May 7.—A terse state- ment seething with inferences that Mayor Walker had tolerated graft and corruption was hurled at the mayor | today by Controller Charles W. Berry. It marked apparently an open break between the two city officials. | 'The statement, in reply to one in which the mayor accused the controller of conspiring with those “enemies of the public”—the Hofstadter Investigat- ing Committee— was interpreted by some as indicating Berry would attempt to lead a faction of insurgent Demo- crats. | Berry Voices His Stand. | Berry gave his point of view in these | | wo “I am a Democrat and have been in the service of the Democratic party for nearly 40 years, and I assert that the loyal, honest Democrats in this city do not believe that graft and cor- ruption are assets of their party or that those who oppose such things in our Government are in any sense public enemies. “I believe any one who calls himself & Democrat and who tolerates such contemptible practices as have been de- scribed on the front pages of the daily newspapers for weeks past does not truly represent the Democrats of the city of New York, and let me add that the rank and file of the Democratic organization in the five boroughs re- sents this condition of affairs just as emphatically as I do.” Deputy Controller in Clash. | Mayor Walker's attack on Berry was made yesterday at a board of estimate hearing on Queens bus franchises. Deputy Controller Prial, examining one of the advocates of certain companies, was interrupted by the mayor and re. torted: “I want these proposed fran- chises cleared up now. I don't want to be invited to the State building five ars from now to explain why they were granted.” “You won't have to wait five years,” the mayor replied. “You'll be break- ing in to testify if you follow the prece- dent heretofore established. You belong | out there in the gallery. This attitude | almost indicates a rehearsal before- hand with those enemies of the public | who have made vituperative and false statements about this board of esti- mates and its membe: —— DEBUCHI, RECALLED TO CABINET, LEAVES WITHIN 3 MONTHS! ___ (Continued From First Page) | | control Japan's economic life to the ex- | tent of some 90 per cent of the coun- | try's banking, shipping, industrial and trading interests, R The reasoning of these has not been obscured by the military successes in Manchuria. They realize that the policy advocated by the fingoists cannot be | long successful, especially if such a | poliey 1is likely to lead to a conflict with one of the major Western powers. The “Big Five” group is in favor of fighting | for Manchuria, and would eventually agree to embark in a conflict with the | Soviets, but they are afraid of a war with any other power. have already suffered a sub- stantial loss from the Chinese economic boycott and because they have had to finance the Manchurian campaign. Subsidizes the Treasury. The power of this group comes from the fact that it subsidizes Japan’s treasury. The Manchurian campaign been made possible because the “Big Five" have absorbed the largest proportion of the internal loans issued by the government for the continua- tion of the Manchurian campaign. They have advanced the necessary money and do not expect to be repaid by the treasury in cash. The govern- ment is refunding the money advanced by granting them important conces- sions in Manchuria. The “Big Five" feel that the present much in the pockets of the military. Now that the general international situation seems to have somewhat im- proved, they want a cabinet to counter this craving for war against any na- tion that is likely to oppose Japan's imperialistic policies. The “Big Five,” while wholeheartedly supporting the Manchurian aggression, want a gov- ernment to stop right there and risk no further adventure, the consequences of which no one can estimate. Debuchl Proves His Mettle. If this moderate group succeeds in convincing the Emperor that theirs is pan—and the indications are that they are likely to succeed—Ambassador De- buchi will be intrusted with the port- Debuchi has spent many years in the United States and knows, probably better than most Japanese, how far America's patience can be tried. He is a sincere advocate of good relations between the two countries and yet is unquestionably as sincere & patriot as any of the Japanese jingoists. He has proved his mettle as a skillful diplomat during the last eight | Emphatic assurances of Japan’s peaceful imen-l tions, which he was giving the S(atcl Department in the afternoon, were in- | variably contradicted by some new ag- gressive acts of the military the next | day And still he has managed to! maintain, to a certain extent, the con- rect contact with him. This, he has been able to do merely because his good intentions were never suspected and he | was not considered directly responsible | for some of the misstatements he was By his skillful handling of the situa- | provement’ and Business Co-operation Gas Company Control CENTRAL GAS & Erectric Co. [SourwEan CmEs PusLic Service Go. YoRKS RICHMOND) LEGEND — DIRECT CONTROL «eeeer. CORPORATE AFFILIATION ~eem.OPERATING * Chart prepared by Assistant Corporation Counsel] William A. Roberts to illustrate intricate holding company set-up, and involving ownership of local gas companies. PLANNING ADVICE SERVICE LAUNCHED Property Improvement Group’s Offer Brings Num- ber of Requests. Announcement by the Property Im- Committee of the District that advice would be furnished at the headquarters in the Shoreham Building to property owners planning expenditures for mod- ernization and to business houses deal- ing in materials used in such projects hasbrought a number of requests for such | counsel, it was said yesterday by H. G. Outwater, director of the committee. The merchandising council, which is designed primarily to assist the smaller business man with his problems, such as sales promotion and stock arrange- ment, but whose service is available to any concern, already has been formed under the chairmanship of Charles R. | French, advertising manager of the N’utioml Lumber Manufacturing Asso- ciation. The advisory board for Jm)pmy own- | ers is still to be completed. The chair- man is Joseph Ehlers, a construction engineer, now identified with the na- tional construction industry, of which he has been making a survey. It is| proposed to add to it a real estate oper- ator, architect and banker. In assisting property owners in plan- ning for repairs, reconditioning or modernization, the Property Improve- ment and Business Co-operation Com- mittee, composed of leading business | men, is seeking to increase interest in such investment by the owners at a pe- riod when prices are attractive. At the same time this is designed to help the business houses, the combina- tion constituting the *“Washington Pro- gram,” as this effort has been desig- nated by the sponsors. FLOCK OF GENES CORNERED IN LILY CELL AND COUNTED From First Page.) croscope, which biologists assumed con- | tained the genes. In the living plant. | Dr. Belling states, a coat of stainable matter forms about the genes so thick and viscid that it can pulled out into long strings. This is called & chromomere. Chains of chromomeres | make up the chromosomes. There are 24 pairs of chromosomes in each liv- ing lily cell, each consisting of numer- ous chromomeres with the genes as| their nucleus. | Speaking of his discovery Dr. Belling | said: “A minute cell sphere with its 2200 gene pair suggests the celestial sphere visible to the unaided eye and containing fewer than 3,000 stars which | can be seen at one time. Genes exert| specific influences on the life of the organism in question, whether a lily or a man. These influences are so great that if the effects of all the thcusands of genes in a given organism were added together nearly the whole of its in- heritance would be accounted for.” | Appear to Be in Troops. n e, and I believe it will do s0.” expend for W r. Goldshorough believes the Federal ' 500.000.000, which will about equal the tem could purchase $4.000.- cost of our participation in the World | 000,000 worth of bonds by isst War | Pederal rve notes and not g We have spent for veterans of all the 40 per cent gold reserve b er wars previous to the World War law. He thinks the price level would up to date all the history of the | be restored long before this sum had coun $8,000,000,000. | been spent at the rate of $100,000,000 a therefore not be seriously ity that the Government has lberal with veterans of the On their account we are now in our commitments another war as expensive as participation in the World nded bee World Wi col N Meyer Cites Difficulties. ‘While te ving before the commit tee in charge of the bill, Gov. Euge Meyer of the Pederal Reserie Board ed some practical cifficglties in the path of the proposed lcgislation Although favoring the purpese of the bill, he said it extremely difficult to ices unless production can be con- trolled em With respect to the suggestion that (. prices be restored to the 1926 level Gov. ¢ Meyer pointed out, “You must remem- piy ber that, when you talk of this opela- Vernon tion as sufficient to control a price level The perty at any particular point, you are think- street at 7 45 am., ing in terms of a price level which Vernon by special was established by the greatest build- ing activity in the history of the coun- | try. It may be that it is the righ: price level, but it was established by a very extraordinary background of building Thomas. activity. It may be the price level to Laby which the world will rcturn and it may m not. But if you can get the ideal of a 1f fixed price level which you can control by adjusting the volvm= of " ward or downward s prices mo AUDUBON OUTING SET us. —_— Labor Bureau Head Dies. { nitions, died suddenly early today. a 4 into cafe, wh ] uw oi sicus. The first step toward the photography | tion he has attracted the attention of of a succession of movements, or mov- | the leaders of the “Big Five,” who now The genes, according to the Carne- gie statement issued yesterday, appar- Forum Speaker SENATOR PETER NORBECK. NORBECK ON FORUM 10 DISGUSS STOCKS Committee Chairman Will Re- view Market Inquiry To- morrow at 9 P.M. The New York stock market and the tigation by the Senate Committee on Banking and Currency of market operations will be discussed by Senator Peter Norbeck of South Dakota, chair- man of the investigating committee, in the National Radio Forum tomorrow at 9 pm. E. S. T. The National Radio Forum is arranged by The Washington Star and broadcast over a Nation-wide network of the National Broadcast- ing Co. The Senate Banking and Currency Committee has determined to go thor- oughly into the operations of the stock market as they develop both during “bull” markets and “bear” raids. Al- ready the committee has had before it and examined at length President Whit- ney of the Stock Exchange and several operators. Senator Norbeck will tell of the scope of the investigation, what has already been developed and what the commit- tee hopes to accomplish. FOUR TO LOSE POSITIONS FOR ESCAPE OF IMPOSTER Suspensions Face Ellis Island Men for Flight of “Prince Michael Romanoff.” By the Assoclated Press. of the Audubon Society of . to study migratory he vicinity of Mount will assemble at 1013 D roceeding to Mount PARIS. May 8 (Sunday) (#).—Albert director of the International r Bureau and former minister of ¢ at midnight and stag- e fell uncon- ing pictures, was taken by a Mr. Muy- | bridge, a Californian, 60 years ago. want him to take charge of Japan's foreign relations. ! ently work together in trocps. Thus the red eyes of a fruit fly, the animal on which most heredity studies have been conducted, is due to a troop of at least 50. The wing of the same insect constitutes a complex requiring the in- | in wonderful conditic now. Your dollar brings done in a long time repairs. Good mecha stand ready to do it to serve you. 53 veers cld. He was taken How About Overhauling That Auto? It can be tuned up and painted up and put THIS IS THE TIME WHEN A DOLLAR SPENT IS TWO DOLLARS EARNED teraction of at least 100. Each gene, in turn, may affect many characters. Thus the change of a single cne in the fruit fly may result in a col- orless eye or it may change the shade of red. The same general effects are believed to hold true for man. “Genes,” says the Carnegle statement, “have been described as discrete packets of different chemical substances—per- haps supermolecules—bound _together loosely in chains. Each chain consti- tutes a separate chromosome made up of an encrmous number of these packets n at little cost right more now than it has in the matter of auto cs in need of this work well and will be happy cesses taking place in the cell these packets are paired, distributed and re- assembled into new combinations, obey: It will help them and help you. cation Hflsed a special form of staining cal- ated to bring out the most minute details. He was able to see, under the microscope, some of the actual move- ments of the chromomeres which fitted and continuance of which, he believes. will throw much light en the sctual mechanism of heredity, of heredity. Through the various pro- | | NEW YORK, May 7—Two guards and two officials on Ellis Island will be suspended because of the escape through exclusive New York speakeasies of | Harry Gerguson, self-titled “Prince Michael Romanoff.” |~ James Drury, the guard who accom- panied Gerguson to night clubs Thurs- | day night and then absented himself for 24 hours because he lost his charge, will be one of them. Along with him, Guard James Fox, | Dr. Joseph Schlarr, in charge of the | Ellis Island Deportation Bureau, and his assistant, Phillp Forman, an immigra- tion inspector, will bé punished. Ervin 8. Brown, chief of the division | of investigation of the United States KDenll".l‘ne!.ll of Labor, announced to- | night the four men would be officially He said the suspensions would during an investigation. Flyer Falls to Death. MARSHALL, Tex., May 7 (#).—En- tanglement of a parachute with a fall- ing plane today cost the life of Brode Dejernett, Marshall aviator. Dejernett was testing a newly overhauled ship above the munici airport, when motor faflure led to “bail out.” ‘The parachute caught and he with the plane. [] notified of their suspension tomorrow.| last IBANS GAS CONTROL BY OUTSIDE FIRMS Commission Forbids Voting of Stock at Meeting To- morrow. (Continued Prom Pirst Page.) Corporation, was approached by G. Bowie Chipman and Paul Keller, pro- moters of Washington, with the sug- gestion that he acquire the gas come pany. He proceeded to acquire it ror his corporation and was tben informed that the laws of the District and of the United States prohibited it, and “the said Albert E. Peirce nevertheless procceded toward such acquisition by indirect methods for the express pur- !l)ose of fraudulently evading the said aws."” Agreement Entered. He entered into an agreement with the Harris-Forbes Corporation (prede= {Cessor to the present Chase-Harris- Forbes Corporation), the Am Founders. Corporation, H. M. esby & Co. Chase Securities Corporation and Albert E. Peirce & Co, on the one hand, and the Central Put ice Co. on the other, whereby group organized the Seaboard Invest- ment Trust, each member of the agree~ ment taking shares of beneficial inter= est in the trust. The Seaboard Investment Trust (the name of which was later changed to Washington & Suburban Companies), it | Is charged, was officered by three em- ployes of the Boston office of Chase Harris Forbes, and while theoretically independent, the trustees were actually subservient to the will of Chase Harris Forbes and the Central Public Service Corporation. This trust acquired 84 | per cent (109.176 shares) of the Washe ington Gas Light Co.'s capital stock. This stock, together with the other assets of the trust, are irrevocably pledged as collateral security for the payment of $6,500,000 of the gold bonds of the trust. These bonds found their ;a)‘bgne the hands of the Chase Harris orl ‘orporation and were markef by it to the public. o It is charged that Willlam A. Wildes, vice president of the Southern Citles Public Service Co.,, was made a trustee of this trust for one day, March 9, 1931, during which he negotiated a transfer of all of the shares of bene- ficial interest in the trust to the West= fleld Trust, after which negotiation he resigned as trustee. The Central Publie Service Corporation is said to have di- rectly controlled and voted the stock of the Washington Gas Light Co. held by the trust, and to have caused the lelectmn of Albert E. Pierce and Fred S, Burroughs to the board of directors of the local company, and also to have caused the election of George A. G. Wood as its president. All this was accomplished without consultation with the trustees of the trust, it is charged. Managed Operations. Following this the Central 1 Service Corporation "comruuedpu:nfi managed the actual operations of the ‘Washington Gas Light Co. and its sub- sidiaries affirmatively directing all functions of the officers * * * withoug th;_hcon‘i;m. of the trustees.” e Washington & Suburban Com- panles, it is said, now owner of record of the Washington Gas Light stock, has securities outstanding on which the in- terest payable amounts to $810,000 on notes and preferred stock alone, yet its income from dividends on its holdings “does not exceed $450,000, of which $392,371.20 represents dividends received r;om u':; Wuhlfi\‘non Gas Light Co. at the rate prevailing during the y 1929 to 1931, mclu.s'web‘ o “There is no revenue available to the Washington & Suburban Companiss,” the statement goes on, “for payment on its common shares, and there is no revenue available to the Westfield Trust for payment of interest on its cutstand- ing obligations, including the $6,000,000 collateral trust note, the $945,650 Wash- |ington & Suburban Gas Co. note, and the $13,725,000 note issued by the Westfleld Trust for funds received by A. E. Plerce. All of the obligations of the Westfield Trust are in default, and | 2ll of the common shares of beneficial | interest of the Washington & Suburban Companies are in the equitable owner- rhip of the holders of the collateral trust notes of the Westfleld Trust.” Forced to Withdraw Contracts. | It is then charged that the Central | Public Service Corporation required the officers of the Washington Gas Light Co. to enter into a management contract | with one of its subsidiaries, the Utility Engineering Corporation, at a retainer of $12,000 per annum, which contract was later withdrawn on demand by the Utilities Commission. Then the Ce tral Public Service Corporation re- quired the officers of the local company 1o transfer to the Public Service Engi~ neering Co., another C. P. S. subsidiary, the contract with the Columbla Gas & Electric Corporation for the transmise sion of natural gas to the District; that the Public Service Engineering Co. charged a fee on natural gas purchased for the Washington Gas Light Co. of a minimum of $2,400 per month without rendering any services or using any of its property for it; that the C. P. S. claimed for itself a pipe line built for the Washington Gas Light Co., and tried to sell the local company its own pipe line for $68,000; that the Central Public Service Corporation required the officials of the local company to send all plans for additions to the C. P. 8. for approval before they were executed, and that the C. P. 8. and Chase Harris Forbes sent employes to Washington and put them on the pay roll of the local company at ‘“unreasonable” fees, in some cases as high as $100 a day, the difference between the salaries paid by the C. P. 8. to the employes and the fces paid by the Washington Gas Light Ce_being pocketed by the C. P. S. The order directs all the corporations |and trusts named and all related |or " affliated corporations, companies, |trusts and persons, by whatever term Gescribed, “forthwith absolutely and unconditionally to divest themseives and each of them of the control and ownership of all shares of the Wash- | ington Gas Light Co, and to cease and | aesist from exercising any and all ele- ments of control and or management |of the said Washington Gas Light Co. d said parties are specifically prohib- |ited from directly or indirectly holding jor voting the sald stock of the Wash- ington Gas Light Co.” A. H. CLEPHANE FREED Proves He Had no Enowledge of “Bniper” Activities. | Arthur H. Clephane, arrested for questioning in connection with the “sniper” shooting series, was released yesterday when he succeeded in con- vincing police he had no knowledge of the activities of the shoot-and-run gun- man, who killed one man and wounded | three other persons last February. LARGE STILL SEIZED Found Near Farm Where W. C. T. U. Founder Once Lived. JANESVILLE, Wis, May 7 (# —On a farm adjacent to the site of the Frances Willard Sch: .. named in hon- or of the founder ci the W. C. T. U, cherif’s officers tooz und a large alcohol plant and aic:led three men as operators. The school is not far from ‘fi!;’monwhuh Frances Willard once ved. The still, officers said, had a capacit: of about 1,000 gallons a day. r?r{ said they believed the three men ar- rested were sent here by Chicago rac- keteers to operate the plant.