Evening Star Newspaper, July 26, 1932, Page 2

T OA—2 %% TISONREVES | “PLANSTORESEN E I Former House Leader Aims to End 22-Year Service. Gets G. 0. P. Post. Representative John Q. Tilson, for-| mer House leader, who four years ago | was a prominent candidate in the R&-! publican Naticnal Convention for the | nemiration for Vice President, an- nounced today in the Congressional Record that he is about to resign from Congress after 22 years of service. At the opening of the present Con- gress, when the Democratic majority too kover the speakership, Representa- tive Tilson was succeeded as Repub- lican leader in the House by Repre- gentative Bertrand H. Snell of New ho was subquently permanent an of the Republican National Convention, and who on August 11 is to make the notification speech officially informing President Hoover that he is th~ Republican candidate for President. Representative Tilson’s appeintment #: manager of the Eastern Republican akers' Bureau, with offices in New York City, was announced yesterday H> held it four years ago. Whether his a sncement of his retirement from Congress will alter this program has not been disclosed. Revealed Unexpectedly. Representative Tilson announced his reiirement in 8 most unexpected man- ner by printing it in the form of “ex- tension of remarks” in the last issue of the Appendix of Congressional Rec- ord for the session of Congress just closed, which became available this morping. Mr. Tilson said: “Since Congress ad- Journed on July 16 I have decided not only to not be a candidate for te-! election to the Seventy-third Congress, but &s soon as it is practicable, without expense or inconvenience to my con- stituents to elect some one to fill my place, it is my purpose to resign my seat in the present Congress. Making this cceision at this time does not neces- sarily mean that I am permanently re- tizing from the public service. That will depend upon circumstances as they may_develop. stood beyond question that my country is always first and that no sacrifice is tco great for me to make at any time in case the importance of the service sesms to demand it.” Apparently referring to the period he served as Republican leader—from 1925 to last December—Tilson said: “If the service I might reasonably ex- pect. to render here curing the next few years appeared to be-of an importance comparable to that I had the privilege of rendering during the last three Con- gresses under Republican control, I should still deem it my duty to stay here just as long as my. own people approve. Questions Sacrifice. “Under present conditions, however, 1 doubt whether the importance of my service here is sufficient to justify me in further sacrificing what may prove to be my last opportunity to provide somewhat more adequately for my family and future and, therefore, I feel warranted in making this decision at| this juncture.” S after defeating Tilson for the speakership nomination, lost to John N. | Garner of Texas in the election. Snell then was named Republican leader. THREAT TO U. S.0IL AND COAL RISES AT PARLEY IN OTTAWA (Continued Prcm Pirst Pege.) ‘bushels in the 1930-31 season. Jump: ing from total production of 703.000,000 ‘bushels in 1929 to 1,048.000,000 in 1930, Russia increased her production by an amount equal to the entire Canadian €ro; Buring_the war the United States | usurped Russia’s place as the world's greatest wheat exporter and in turn lost 1o Canada. Now Argentina threatens | the Canadian position as a result of a Canadian wheat pool, which controlled 65 to 70 per cent of the crop in 1929 and tried to force higher prices on the United Kingdom. American representatives have point- ed out that United States export wheat, chiefly a soft variety used in cake and pastries. was of small competition to the hard bread wheats of Canada, which have three contract grades bet- ter than the best American hard Win- ters and one equally as good. The/ 'hcme market, it was sald, is almast suf- ficient to absorb American hard Winter ¥ wheats for bread making. 3 Discount Russian Factor. Demands at this conference for Brit- ish embargo on Russian wheat were ‘:am to be predicated of the fact that Russia can grow both hard and soft| heat and undersell the world market. “The unofficial English view, hcwever, is | ’xhnn the Russian threat is overempha- gized, since the crop shortage has re- suited in few sales of Russian grain to 2he United Kingdom in the last several months, regardless of Liverpool cargoes. American interests said today the United Kingdcm would do well to take 5 per cent of the Canadian anthracite rade away from the United States. Most of the Welsh anthracite is con- sumed in the Montreal district, they “gaid, because of the expensive haul to he interior. The Canadian seaboard 3s said to have storage room for only 000,000 to 1,500,000 tons and the ports - @re closed by ice part of the year. Further, they said, ocean transport of anthracite is not profitable except as ballast. i Welsh Coal Cheaper. Recently Welsh coal has been selling B to 50 cents a ton cheaper than Amer- jcan ana Montreal interests are Te- ported to nave started expanding port acilities for it. However, Nova Scotia has a soft coal she has been trying to get used as stoke fuel in Canada and is represented as standing firmly against increased imports from the United Kingdem. To encourage Nova Scotia ‘industry the Canadian government has been paying a bounty of $1 per ton on lignite laid down in Ontario. Prospects of Canadian beef cattle Te- placing the Irish in the British market weakened today when it was found it costs $20 a head to get Alberta stock o the seaboard. Besides, the cattle ‘ere stockers and feeders and not the type that can be quickly finished for the market. There bas been some talk of shipping them through the Hudson Bay, but the inclement weather was ronsidered prohibitory for that. A present drawback to Canada seri- ously entering the export packing in- dustry was said to be the fact it is con- gstituted for domestic trade, largely by ‘American finance, and not equipped for world ccmpetition. The Western United {{States. except for the tariff, were re- “garded as the-natural outlet for Cana- . dian beet stock. ‘}& RADIO DOG IS DEAD Canine, Trained to Bark to Music, y Is Believed Poisoned. | CINCINNATI, Ohio, July 26 (P.— Mike, the who barked his way to radio fame, died of today. ‘The % ‘was trained by his master, HHenry o bl‘l:.dum. to bark ‘music. in rxg:hm e e, Ty e or o ; St PARADE WILL 0PEN 1.6, LEGIONSESSION I would have it under- |82 REPRESENTATIVE TILSON. Fifty Marching Units, With| Bands and Floats, to Be in Line Tonight. ‘The 14th annual convention of the District of Columbia Department, Amerjcan Legion, will open tonight with a parade of almost 50 marching units, many bands and a series of floats. The parade, forming on Fifth street | just nurth of Florida avenue northeast, will move at 6:45 o'clock by way of Fifth to K street, east to Fourteenth, south to H, west to Fourth and south on Fou to E street, disbanding at convention headquarters, in Stuart Junior High School, Fifth and E streets. The convention will be in session to- night, tomorrow and Thursday nights, with the Northeast Business Men's As- sociation acting as official hast to dele- tes. National Guard and disabled veterans’ units will participate in the parade with representatives of the varicus legion posts and auxiliaries. Bands include the Firemen's Drum Corps, Waskington Gas Light Band, Indepencdent Boys' Band, Fox Theater Band, Elks' Boys' Band, Colored Elks’ Band, Holy Comforter Boys' Band and the National Training School for Boys' | Band. JOBLESS MEN MAY WAIT FOR LONG TIME Former Head of Editorial Associa- tion Warns Those Laid Off Not to Expect 01d Positions. By the Associated Press. LOS ANGELES, July 26.—The chap who loses his job and then sits around and waits for something to happen may wait a long time, in the opinion of Erwin Punk of Arkansas, past pres- ident of the National Editorial Asso- tion. Speaking before the association’s na- tional convention here, Funk warned the jobless that the place made va- vant when a man is let out because of poor business conditions may not be avallable to him when business picks up: “It may be a long time,” he said, “and again, employers perhaps will begin looking sbout for new blood.” L. B. Watt, business manager of the Pilot-Tribune, Storm Lake, Iowa, pub- lished by W. C. Jarnagin, received the association prize offered the best week- 1y newspaper for the year. The prize was the president’s cup. WOMAN FOUND DAZED BELIEVED IDENTIFIED Photograph Is Recognized by At- lantic City Man as Newport News Girl. BY the Assoclated Press. PHILADELPHIA, July 26.—A young | woman was found in a dazed condition | yesterday after leaving a Washington- Philadelphia bus here, and who was un- able to tell anything about herself, was believed by police today to be Miss Grace Morgan, 23, of Newport News, Va. | A photograph of the young woman, who police believe is suffering from amnesia, was recognized in a news- paper yesterday by a man in Atlantic City. He told police he believed Miss Morgan had intended making a trip to Philadelphia, but did not know if she | had left her home. He will be brought an effort to make positive fon. COMPANIES AGREE TO SIX MONTHS’ CUT IN GAS RATES (Continued From First Page) re in identificat Md,, and the Rosslyn Gas Co., in Arling- ton County, Va., but indicated that the situation in both counties was being studied. The present rate for gas for domestic purposes is $1 for the first thousand cubic feet per month, 90 cents per thou- sand for the next 2,000 feet, and 85 cents per thousand for all in excess of 3,000 feet. For heating houses the rate is $2 per 100 cubic feet of maximum hourly rate of use, payable only during the heating months—October to April—plus 60 cents per 1,000 feet for all gas used. Schedule C, for commercial and in- dustrial services, is 90 cents per 1,000 cubic feet for the first 25,000 cubic feet per month; 85 cents per 1,000 for the next 75,000 feet, and 80 cents per 1,000 for all in excess of 1,000,000 feet per month. The rate for certain commercial and industriz] uses such as bakeries and restaurants starts at 92 cents per 1,000 cubic feet for the first 50 cubic feet used in any month per foot of maxi- mum hourly rate of use; 77 cents per 1,000 feet for gas used in excess of the first block up to 400,000 cublc feet: 65 cents per 1,000 feet for gas used above block two, up to 1,000,000 cubic feet; 50 cents per 1,000 for the next 1,000~ 000 cubic feet, and 40 cents per 1,000 for all in excess of 2,000,000 cubic feet. Under schedule E, for water heating, space cooling or generating power by the use of gas, the rate is 65 cents per 1,000 feet for the first 25,000 cubic feet per month, and 40 cents per 1,000 for all in excess of 25000 cubic feet, lus & maximum use charge of $4 in ber and January and $3 in No- Vember and z ‘The last schedule, avallable for a) t houses in which gas is fur- to tenants by the landlord, is 90 cents per 1,000 cubic feet for the first 5,000 cubic feet per month; 80 cents per 1,000 for the next 20,000 cubic feet and 75 cents per 1,000 for all in 930, reduction ‘in pany since 1! THE EVENING STAR, CHINA WILL RESIST JAPANESE IN JEHOL New Threat in Manchuria Unifies Nation, Says Envoy, Visiting Capital. The invasion of Jehol by the Japa- nese has caused an increased determi- nation to resist the Japanese occupa- tion of Manchuria with all the re- sources of China, said Dr. Qub Tai Chi, newly appointed Chinese Minister to Great Britain, who is here on his way to London. He will sail from New York Thurscay. Dr. Quo is a graduate of the Univer- sity of Pennsylvania, and was chief of the delegation to the Chinese-Japanese armistice negotiations which ended the | Shanghai hostilities and brought the withdrawal of Japanese troops. Japanese aggressions have done more to encourage those who believe in the eventual unification of China than per- haps any other event in recent years, said Dr. Quo. The growing public opinion against civil war, the tendency of intellectual leaders to rally to the Nonking government, even some of those who formerly opposed it, ani the ncieasing importance of civilian lead- in governmental affairs all point, he to the probablity that event- China will be able to present a united front to Japzn. “Most natiens are having a hard iume now, due to the economic depres- sion, unemployment, tariff wars, war debts, and political unrest,” said Dr. Quo, “but China seems to be having more than her share of trouble. She has internal disorders and external ag- gression, natural calamities and human misories, all on a laige and unprece- dented scale. And it can safely be sald that in the longz natlonal history of China the present is perhaps the most critical period. “All this, however, seems to have had & sobering and unifying effect, for the Chinese race finds unexpected strength in times of acute national crisis. The government leaders and people who are now confronted with these difficulties are tackling the most, pressing problems before the nation. The main problems are three: Putting the government on a business basis, suppressing Communism by politico-economic as well as military measures and the Japanese controversy. “For the first time since the re- public was founded the budget has been balanced by economies and re- trenchment. The government existed for the last six months without borrowing, and during this time has occurred the Shanghai War and the dislocation of trade and finance. The principle of running the country on a business basis has been established in | the face of strong internal pressure. One reason for this is that in the gov- ernment now, for the first time, the cesponsible head and most of the ministers are civilians. Civilian Rule Gaining. “There 1is growing opposition to military men holding public offices, and in the provinces there is a return to the | old custom of appointing civilian gov- ernors. There is an attempt to make the army_not the personal following of military leaders, but a national army under the orders of the state. This, to use an old Chinese saying, is somew"at like ‘negotiating with the tiger for his skin,” but it must be done. “There has been a change of policy also toward Communism, and not only will military force be employed. although that has proved somewhat ineffectual in the past, but efforts are being made to stop Communism by reforms of land tenancy, and granting of greater local self-government. There is about to go into effect a plan to give people local and national representation, and some branches of the national government will be partly elected by the people, such as the legislative Yuan and the super- | visory Yuan. The old Chinese system of making the village elders responsible | for order will probably also be revived. One result of popular representation, would ultimately be ths abandonment of party distatorship by the Kuomin- tang, because of the inevitable rise of | minority parties. “The Chinese-Japanese dispute has unfortunately been aggravated by Japan's invasion of Jehol, again violat- ing her pledges to the League of Na- tions and the world, because Japan solemnly undertook mot to aggravate the situation. The resistance to Japan in Jehol will be as strong as it was in Shanghai. Since Japan has again been the aggressor, China is determined to resist with all her rescurces, military and econamic, always, however, leaving the way open to settling the difficulty by negotiation. China has been and is ready to agree to any honorable settle- ment compatible with the maintenance of her territorial soverelgnty and her political and administrative integrity, as guaranteed by the nine-power treaty and the League covenant. China will never close the door to a peaceable so- Iution, Hope Found in League. “Some hope is to be found in the fact that Baron Uchida, who signed the Briand-Kellogg pact, is now foreign minister of Japan, and it is hardly con- ceivable that he would regard the treaty as a scrap of paper. China has faith’ in the League of Nations as a great agency for world peace, and also believes that the United States, which sponsored the nine-power treaty, will not remain indifferent when that inter- national agreement is treated with con- tempt. The United States always has maintained the policy of the open door and fair play, and China knows that policy will not be abandoned. The co- operation of Great Britain and the United States ever since the Manchu- rian trouble started also brings hope to China, for we believe that upon Anglo- American solidarity depends not only peace in the Far East, but also world peace. “As for Chinese unity, there is grow- ing public opinion against further eivil wars, & public consciousness which has reached a point where no Chinese polit- ical leader, civilian or military, can af- ford to disregard it. It is now an ef- fective check on internal dissension, aside from communism. Another strong factor in the situation is that the in- tellectual leaders who have been out of sympathy with the Nanking government are now supporting it. Dr. Hu Shih, the philosopher, is an instance, as he was a strong critic of the government. But he and others have realized that in time of crisis the stabilization and strength- ening of the government, and of the civilian element are essential. Dictators Found Futile. “The ‘strong man’ cannot succeed in China, indeed he never has succeeded. Many ambitious men have tried to gain control of China and all have failed. The size of the country, the lack of communication, make a dictatorship impossible. Even government itsell must to a large extent be decentralized. The central government must control foreign affairs, finances, and national defense leaving a large measure of au- tonomy to the provinces. A successful government controlling all of China would probably consist of a federation of provinces or states. But to attain this end all the liberal forces for re- construction must be permitted to work with the full co-operation and support of the entire country. “But local control, provincial au- tonomy, is essential, because in differ. ent parts of the country there are old traditions, old customs, which cannot be swept away and which cannot be unified. The individuality of the Chi nese must never be forgotten Wwhen speculating on what a future united China might be. United it will be, but not in the close way a small compact country is united, until communication, educ: d governmental orga: tion have been highly developed.” Dr. Quo was at one time secretary and counsellor to Dr. Sun Yat Sen, and recently political vice-minister of 1 affairs. (Copyright, 1932, by North A paper Alliance, merican News- Rubbed Poison Ivy On Wife’s Clothes; Guilty of Assault By the Associated Press. NORTHAMPTON, Mass. July 26.—Antoni Ciaglio of Hadley pleaded guilty today to assault, admitting he rubbed poison ivy leaves upon his wife's clothing end upon a towel she used, ®ith the result that the woman's life was for a Ume despaired of. The ccurt coniinued the case for disposition. MELLON DEN! HE WILL RESIGN “Midsummer Night News,” Asserts Ambassador, En Route Home. By the Associated Press. Mellon, returning today on the liner Majestic, denied reports he intended to resign as Ambassador to Great Britain. “That's news to me—Midsummer night news,” sald Mr. Mellon. The Ambassador while on board the boat was not certain whether he would go directly to Plttsburfh or to Wash- ington, but said he would spend no time in New York. He declined to discuss the reason for his trip home, saying only: “There was a lull over there for the time, and I took advantage of it.” He refused to discuss debts or repara- tions or anything official. He received newspaper men in his stateroom aboard the Majestic. “I don't want to make any statement about anything official or controver- sial,” he told them. Although he refused to discuss the debt situation, he sald he was keeping in touch with matters. He considered the imperial conference at Ottawa & matter abcut which he should not com- ment. The Ambassador refused to discuss the coming political campaign. “I will do anything I can,” he said. “But I did not come for that purpose. He said he would return to England within two or three weeks. WOMAN FLYER FACES TWO LEGAL ORDEALS Mrs. Keith-Miller to Have Immi- gration Quiz and Testify in Fiance's Death Trial. By the Associated Press. | MIAMI Fla., July 26—Mrs. Jessica | M. Keith-Miller, Australian fiyer, faces | a double ordeal here next week. Monday she will appear at a closed hearing before immigration officers. The next day she will go into the State |courts as a defense witness for Capt. W. N. Lancaster, former British army aviator, charged with murder in the | death of her fiance, Haden Clark, writer. He was shot in Mrs. Keith-Miller's | home, April 21, where he and Lan- caster both were guests Both she and Lancaster expressed belief Clark shot | himself, but forged suicide notes and other circumstances led to Lancaster's indictment. Lancaster also was named in an immigration warrant, charging illegal entry into the United States, but service * was withheld pending the outcome of | the raurder trial. 4 Mrs. Keith-Miller is charged with entering the United States May 27, 1931, fllegally as an Australian citizen She 'is under $1,000 bond pending her hearing. No ruling on her status will be made until officials at Washington have studied the evidence. The aviatrix con- tends her presence here is legal. FARLEY CONFERS HERE WITH PARTY LEADERS ON PLANS (Continued From First Page.) I WASHINGTON, IBORAH HOPE SEEN | NEW YORK, July 26.—Andrew W.| P. . €., TUESBAY, INWORLD PARLEY Proposed Session May Meet Senator’s Ideas on Debts and Arms. By the Assoclated Press. Predictions that the world confer- ence, on which the United States al- ready has been sounded out, might meet at least some of Senator Borah's ideas emerged today from talk about economics. At the same time, though, Borah in- dicated impatience over delay in a for- mal invitation for the United States to join the meeting sponsored by the League of Nations., expressing a hope that the United States would take the initiative. The Government officially was silent, but in some quarters there were admis- sions that European nations will sug- gest debt revision when the next debt payments become due, December 15. State Department Silent. No intimation as yet had come from the State Department that this country would be willing to talk about debts and tariffs at the suggested conference growing out of the Lausanne meeting. When Sir Ronald Lindsay, British Am- bassador, talked over the new meeting with American officials he was told the things—but not war debts and tariff rates. The Idaho Senator would trade war debts for disarmament and reparations cancellation. His plan, regardless of administration silence and because of his prominence abroad, was considered at the Capital as at least an overture toward swapping with debt payers next December. ‘The Capital likewise has heard talk linking Ambassador Mellon’s return with plans for an economic get-together. ‘There is no doubt but that he will tell his chiefs what he thinks will happen in December, possibly mention- ing the advisibility of discussing things with Europe by that time. Arms Issue Pressing. But elections and the Ottawa confer- ence may prevent an immediate dis- cussion. Pending a careful survey of public reaction, and public education, no one believes that when and if the conference is agreed to it will get away from a consideration of proposals to reduce armaments. Borah wants arms cut 50 per cent; President Hoover has suggested a 33% per cent slash. Meanwhile the United States has not yet said it would decline to analyze war debts individually with European nations. The position has been. and so far as has been publicly said, still is, that concerted European demands for revision or reduction will be of no avail. DISBARRED ATTORNEY ACCUSED OF LARCENY iNorman S. Bowles Arrested on Watrant Charging $44,000 Theft. Norman S. Bowles, a disbarred attor- iney, was arrested yesterday on a war- | rant charging him with the larceny of | $44,000 from Edward B. Dean, &, wealthy local real estate man. In a civil suit filed some time ago | Dean alleged that Bowles and several |other men had blackmailed him of ap- | proximately $151,000 by hiring young proper conduct with them. Bowles, who lives at 1800 Seventeenth street southeast, voluntarily surrendered to Deputy Marshal John J. Clarkson yesterday afternoon. He was released by United States Commissioner Need- | ham C. Turnage under $25,000 bond for | a hearing August 8. Bowles was disbarred after the Nicky Arnstein case here several years ago. TREASURY FLOODED BY BANK QUERIES ON NEW CURRENCY (Continued From First Page.) of Mr. Farley to Washington, following his trips to New England and his speech in New Jersey to the Democratic | State Committee, when he made it clear that Roosevelt holds no animosity toward any of the Democrats who sup- ported other candidates for the presi- dential nomination. There is no disguising the fact that followers of Al Smith have been in a disgruntled frame of mind, and the Roosevelt leaders, now the leaders of the national party, are doing their ut- most to wipe out any feeling of bitter- ness that may exist. They feel that the party must show a united front if it is to win from the Republicans in November after being out of power for a dozen years. Mr. Smith has himself declared that he will support the Democratic party. While he made no mention of Gov. Roosevelt personally in his public statement, it was pointed out that he could not support the party without supporting its presidential nominee. In the issue of the Saturday Evening Post, published today, in an article by Mr. Smith on “Campaign Business,” and great prominence is given a photograph of Mr. Smith and Gov. Roosevelt, stand- ing shoulder to shoulder during the 1928 campaign. Friends of Gov. Roose- velt are hopeful that Mr. Smith will come out wholeheartedly in support of the national ticket during the campaign, and certainly every effort is being made to bring about a reconciliation. Notification Prepared. While the Democratic national chair- man was busy with his conferences here today, George de B. Keim, secretary the Republican National Committee, a) nounced completion of plans for the notification of President Hoover of his nomination by the national convention, vhich is to take place in Constitution Hall the night of August 11. The pro- gram will be opened at 8:30 p.m. with an address by Everett Sanders, chair- man of the Republican National Com- mittee, instroducing Representative Ber- trand H. Snell of New York, Republican leader of the House, chairman of the Notification Committee. Mr. Snell will deliver a brief address and then Presi- dent Hoover will make his speech of ac- ceptance, the keynote of his campaign for re-election. Mr. Hoover's speech will be broadcast over national radio hook-ups. President Hoover was notified of his nomination for President in 1928 also on August 11. The President and Mrs. Hoover will entertain at & luffet Junch- eon at 1 o'clock the day of his notifi- cation the members of the Notification Committee, the Republican National Committee, campaign officials and the Reception Committee. Admission to the hall for the notification ceremonies will be by card invitation. The hall seats 4,000 persons and it is expected that Republican leaders from all parts of the country will be present. N ents were made also today Comimttee, Committee. the inquiries applications for permis- slon to issue currency while others held they were only informal requests and {said the bonds to guarantee the cur- rency had not yet been deposited. The Riggs National Bank of Wash- ington was said to have indicated a de- sire to issue $3,000,000 in new currency, while the Denver National Bank indi- cated it wished to issue $1,500,000. Washington bankers took the view that any increase in national bank notes ex- pansion would result in a consequent decrease in Federal Reserve circulation. ) Robert V. Fleming of the Riggs Na- tional Bank said his institution had by no means decided to take advan! of the new law, but if it did it would be purely from the standpoint of profit and not because of any need for additional currency. Bankers held, however, that the ultimate effect of the operation of the new law could not be determined until it had been tried. Other requests for information came from the Halstead Exchange National Bank, Chicago; the FPirst National Bank, Stroud, 'Okla.: First National Bank, El Monte, Calif.; First National Bank, Fortville, Ind.; Union National Bank, Wilmington, Del.; First National Bank,. St. Johns, Kans.; Second Na- tional Bank, Wilkesbarre, Pa.; Citizens’ National Bank, El Reno, Okla., and Planters National Bank, Predericks- burg, Va. fon: A bank having $100,000 in _eligible bonds could issue a total of $95,000 in new currency. First the bank would have to deposit the bonds with the treasurer of the United States, but 1| would continue to receive interest from the Government called for by the bonds. Slight Expense Involved. The bank would have to pay one- half per cent a year for the privilege of issuing the currency and pay for the engraving and printing which would be done at the Bureau of Engraving and Printing at Washington. The latter expense would be small. Of the $100,000 deposited with the Government the bank would have to leave $5,000 of it on deposit with the treasurer for the redemption fund, thus putting $95.000 new money into cir- culation and still drawing full interest on the $100,000 and at a cost of less than the interest received on the bonds. There is nothing in the new amend- ment which permits any official to ex- ercise any veto or discretionary power in the issuance of the new currency. It provides that when a bank deposits the eligible bonds with the treasurer the controller of the currency must issue the new currency. —e PRESS CONFERENCE OFF President Hoover today called off his T semi-weekly press conference, the explanation being that the Presi- dent had nothing he wished to discuss for publication at this time. Mr. Hoover held a conference with the correspondents last Friday, that being the only one in more than three ‘weel ks. The Presiderit met today with his cabinet, as usual, b , but otherwise made Qo engagements, ;s his plan for a round-table discussion of ! United States would discuss many, | women to accuse him falsely of im- | The new law will work in this fash- | JULY 1932. New Stocks 26, retained by the Senate Finance i last Fall. Investigator THIRD MAN TACKLES SENATE INVESTIGATION. AMES E. STEWART, former South Dakota bank president, who has been Committee to continue its sensational investigation of the steck market, photographed as he dug into great mass of evidence which has been placed before the committee. the third investigator who has handled the probe since it was started Mr. Stewart is —Underwood Photo. | | | 1. STEELVOTES REGULAR DIVIDEND {Quarterly Payment of $1.75 on Preferred Stock Wil Be Paid. (Continued From First Page.) rectors, who faced today the job of de- termining whether the rate should be | maintained, were reported to be in favor | of omission 7 ca..e the steel business| has been doing poorly. In the first quarter the Steel Corporation had a| deficit of $13,219,0-0, even before divi- | dends came up for consideration. In| 1931 the company only earned $3.62 a chare on its preferred, or approximately | half of its $7 anrual requirement on | its outstanding $360,281,100 of preferred | stock. Nevertheless, the regular pay- | ments were made. Those directors who favored con- | tinuing the company’s record of never | missing a payment on the preferred were in position to argue strongly from the standroint of economy and effici- ency. They noted that the great com- pany has reduced its overhead and operating costs—first, by retiring all of its bonds on the crest of the bull market, thus eliminating fixed interest charges for the parent company; sec- | ond, by modernizing its plants and, | third, by combing iis personrel and re- | placing many veterans with younger | 2nd more vigorous men. In addition, the corporation cut wages twice, the latest reduction of 15 per cent having gone into effect last May | 16. Almost edually as powerful a weapon in their hands was the strong evidence | that present production of steel is far| below actual normal requirements, even | in depressed times. Estimated per cap- | ita production this year is below 300 pounds, a figure not reached since be-! fore 1900, an era when a score of im-) portant industries which today consume | steel by the millions of tons were in | their bare infancy. | OFFICER SHOOTS ONE | RUM BOAT SUSPECT| Effort to Land Liquor in Detroit| River Alleged—Two Men Are Captured. By the Associated Press. DETROIT, July 26—Two men en-| gaged in & pistol fight with a lieutenant of the border patrol at the foot of First street in the Detroit River at 2 am. today while allegedly in the act of landing a load of liquor. One of them was shot in the hip and both| were captured. Lieut. Joseph Bohling reported that | he encountered the boat and the men, | who gave the names of Ralph Step-| aniak, 23, and Rudolph Wicherk, 24, both of River Rouge, 100 feet from the American _shore. When he ordered | them to halt, he said, the men at- tempted to make off in their boat and fired at him. Bohling returned the fire, and the boat of the two men crashed | \molfl piles along the river front nnd; sank. The men were pulled from the water, | and Stepaniak was taken to a hospital. | Stepaniak told detectives that he was| shot in Canadian waters, but Patrol-| man Carl Faustman, who aided in the rescue, said he heard all the shots | fired and could tell that they were fired near the Detroit shore. IRISH BAN BRITISH GOODS, | BUT PEACE MOVE SEEN| | Flynn Leaves for “Important” Mis- sion to London as Prohibitive Tariff Is Levied. By the Assoclated Press. DUBLIN, Irish Free State, July 26.— The Anglo-Irish trade war began | officially tcday, but there were rumors of another attempt to reopen nego- tiations to settle it. The Free State government levied its | prohibitive schedule of duties against | British imports last night by publish- ing the list embraced in the special tariff bill passed by the Dail Eireann last week. ‘The rumors of new negotiations re-| sulted from the departure of Hugo| Flynn, parliamentary secretary to the ministry of finance, for London last night. ~All the government would say was that Flynn was on “an important government mission. TWO BELIEVED DROWNED AT RESORT IN NEVADA By the Associated Press. RENO, Nev., July 26.—Mrs. Muriel | Thoma, 30, of Berkeley, Calif, and R.| M Jones of Baltimore and Berkeley, | have been missing since last Friday | night and are believed to have been drowned in the Pyramid Lake. J. A. Marshall, manager of the Desert Inn, a resort on the shore, told the sheriff Mrs. Thoma and Jones registered late Friday and apparently went to the beach a few minutes later. A pair of woman's shoes, & pair of man's shoes, a wallet containing $49, a wrist watch and a woman's purse | were found on the beach under a blan- | ket. Other clothing was in the rooms | of the pair at the resort and $700 worth of travelers’ checks were found in_Jones' room. Boats were used yesterday to search the lake, PHONE PROPERTIES VALUATION SOUGHT Keech Petition Points Out Figure Set in 1917 Was Abrogated in 1927. Taking advantage of a three-day re- cess in the public hearings on tele- phone rates before the Public Utilities Commission, People’s Counsel Richmond B. Keech today filed a petition for an immediate valuation of the properties of the Chesapeake & Potomac Telephone Co. The petition was not offered as a substitute for the present rate case, which he said should continue inde- pendently. “No Existing Valuation.” The petition set out that there is no existing vaiuation of the company's properties since the valuation of 1917 was abrogated by a consent decree of the District Supreme Court in 1927. It stated that since 1917 radical changes have taken place, both i equipment and in price trends. The present rate hearing. the petition states, has demonstrated the necessity for a complete and thorough revaluation of the properties actually us:d and use- ful at the present time for public | purposes. Urges Beginning on Work. The petition urged that the valuation be begun now, since present economic conditions would permit the commis- sion to obtain the services of engineer- ing and accounting experts not avail- able in normal times and at figures substantially less than those usually demanded. The possibility of obtaining lower cost valuation work at this time will be beneficial both to the company and to the consumers who are called upon ultimately to stand the cost of such a proceeding, the petition stated. The rate case was recessed yesterday until 10 am. PFriday, when the com- mission will rule on motions by the telephone company to strike out certain evidence offered by witnesses for the commission. AR S STUDENT LEAVES HOME FEELING SHE IS BURDEN Vassar Pupil Takes Car and Asks Family Not to Try to Follow Her. By the Assoclated Press. CHICAGO, July 26—Miss Fannie Turnbull, 19, a Vassar College student, today was reported missing from her fashionable Lake Forest home. She left a note, addressed to her family, in which she said: “I can't stand it any longer—feeling that T am a burden cn you. I know you will forgive me for taking the car. Please don’t try to follow me. I am going away where you will never find me.” Miss_Tumnbull is the daughter of Henry K. Turnbull, a real estate dealer. WINS DIAMOND MEDAL Lincoln Girl Is Awarded Honors at W. C. T. U. Picnic. Special Dispatch to The Star. HILLSBORO, Va., July 26.—Lucille Lanham, 12-year-old Lincoln girl, was the winner of the diamond medal at the annual picnic and contest held here by the Women's Christian Temperance Union. Two gold medal contests were also held and the winners in these were Ann Morgan, 10-year-old Bloomfield girl, iundd}lelen ‘Wynkoop, 11 years, of Wheat- and. In the silver medal contest Mabel | Thompson of Hijllsboro was the winher. — BAND CONCERTS. By the United States Navy Band this evening at the District War Me- morial at 7:30 o'clock. Charles Benter, leader; Alex Morris, assistant leader: March, “Washington Evening Star,” Stannard Prelude-quartetto-tempesta and finale from: “Rigolet; Verdi Solo for cornet, “Mein Thuringen,” Birley Gardner, soloist. Excerpts _from the musical comedy, “Rio Rita” Overture, “The Force of Destiny,” Verdi Valse, “Gold and Silve .Lehar “Ride of the Valkyries" -Wagner From the music drama “The Valkyries” Symphonic poem, “The Redemption,” Franck Rhapsody, “Slavonic” ....Friedmann “Anchors Aweigh,” “The Star Spangled Banner.” By the United States Marine Band this evening at the United States Vet- terans' Hospital. Mounte Alto, at 7 o'clock. Taylor Branson, leader; Arthur S. Witcomb, second leader. March, “Kings of the Highway, Col. Burt Overture,. “Poet and Peasant”..Suppe Cornet solo, “Facilita’ Hartman Winfred Kemp, soloist. Excerpts from “Of Thee I Sing.” Gershwin Tbanez . Arlen “Songs of Other Days,” compiled and arranged by Morris. Valse intermesso, “Spring Zephyrs,” Vessella “song of the Marching Men” from “The New Earth” .Hadley Marines’ hymn, “Th Monte- suma. “The Star ‘Spangled Banner.” Tierney | INOUNTING QUTLAY FOR VETERANS HIT Harbord Avers Present Law to Cost Two Billion Yearly by 1945, By the Associated Press. NEW YORK, July 26.—Mej. Gen. James G. Harbord today told the first national meeting of the National Econ- omy League that conservative figures by the Government indicate that by 1045 payments to veterans and their de- pendents would reach $2,000,000,000 annually under existing laws. Delegates from 30 States attended the meeting to form a country-wide or= ganization of the league, the object of which is to aid in bringing about economy in Government expenditures. Gen. Harbord, who presided, read a letter from President Hoover and a telegram from Gov. Franklin D. Roose- velt. Democratic presidential nominee, both praising the movement. Tells History of Move. The general then outlined the forma- tion of the league early in May, when a few veterans, to whom it was apparent the largest single economy that could be made in the national budget was in the elimination of unjustifiable appropria=~ txgrfisl wdvelt;r;ns who suffered no dis- ability, decided to form an organizas to correct that condition. e G He pointed out that all of these men firmly :elie\'ed in ‘flu.sb compensation to men who were re: dependents. ey President Hoover's letter said he was deeply interested to learn of the formation of the league, and pointed out there was “great need for a Nation- wide and non-partisan organization designed to give persistent attention to l‘(‘?r‘:sing down governmental expendi- Gov. Roosevelt's message said he was glad the league would work to create a clearer understanding of all Govern- ment expenditures on the part of the average voter, and added that “knowl- edge of and interest in Federal and State budgets by the electorate is es- sential to sustain the Executive and legislative branches of Government in reducing Government costs and balane- ing budgets.” Points to Increasing Debt. Grenville Clark, president of the league, said 70 per cent of the annual Federal expense concerns four items, public debt, Army and Navy, .public works and veterans. Of these four, he said, public debt is increasing, pub- lic works expenditures probably have in- creased and Army and Navy costs can only be reduced if and when interna- tional disarmament becomes a realty, and therefore veterans’ expense is the only one that can be cut. Rear Admiral Richard E. Byrd term- ed the league a “national coalition of citizens to supply an effective method of correcting the gross governmental mistakes that are making this depres- sion chronic.” A national committee and other offi- cers were to be chosen today. It was intended also to set up State and local organizations. Sponsors announced the league seeks: “As our first specific objective, to secure the elimination of the great annual expenditure—now amounting to mor2 than $450,000.000 annually—for those veterans of the Spanish-Ameri- can and World Wars who suffered no disability in war service, without, how= ever, impairing a just and liberal pro= vision for the dependents of those who lost their lives in war service and for those who in fact have suffered dis- ability from war service. “As a general objective to secure the reduction of all wasteful and unneces- sary governmental expenditures * * *.* THREE WOMEN RELEASED IN STORE ROBBERY HERE Taxi Companions of Sentenced Bandits Give Personal Bonds. Charges to Be Nolle Prossed. Loretta Sutherland, Leona Van - perman and Clementina Cavalier, wi !have been in custody since early last | month when Liggett’s Drug Store at Florida and Connecticut avenues was robbed, were releazed today on their personal bonds. The indictment re- turned against them will be nolle prossed soon, it is said. The women were riding in a taxicab with two men when it stopped before the store and Anthony Owens allighted “to get some ginger ale,” he told them. {While in the store the rcbbery was | staged, and on‘the return of Owens to | the machine a getaway was attempted, but the car was overtaken ' on Key Bridge. | Owens and Willlam T. Hardy, the ‘omer occupant of the cab, pleaded guilty and Owens was sentenced to 10 years' imprisonment and Hardy to 8 years. Owens exonerated the women. NATIONAL AERONAUTIC PARLEY TO BE PLANNED Committee on Arrangements to Meet Next Tuesday to Complete Convention Details. Plans for the annual convention of the National Aeronautic Association here August 18 and 19 will be macie at & meeting of the Committee on Ar- rangemer:s at 8 p.m. next Tuesday in the association headquarters, Dupont The assoclation will co-ordinate plans for its convention with those of the Washington Air Derby Committee, which is arranging a four-day air meet August 18 to 21 in connection with the starting from this city of the Atlantic wing of the National Handicap Air Derby for the Cord Trophy. The convention will be the second held in this city in the history of the association, which is in charge of all official aeronautical contests and rec- ord attempts made in the United States. Detegates from all parts of the country, including many of the country’s fore= most aeronautical leaders, are expected to attend the sessions, to be held in the Mayflower Hotel. TOLEDO CASHIER HELD F. Morris Bruns Among Five In- dicted in 82,000,000 Fraud. ABINGTON, Mass., July 26 (P).—F. Morris Bruns was held in $15,000 bail today for Toledo, Ohio, authorities. He was one of five men indicted in Tolado for fraud and misapplication of funds estimated at $2,000,000 after an in- vestigation into the affairs of the closed State Exchange Bank of Stryker, Ohio. Bruns was taken into custody at Rockland last night after police had received a telegram from Toledo asking his arrest. He waived a hearing and also waived extradition. Bruns was a cashier of the State Exchange Bank, which fafled in 1926, He was the son of the bank'’ - dent, A E Brome® T° . Will Cut Atlantic Time. GENOA, Italy, July 26 (#)—The Italian steamship line announced today that the navigating time ~ betwesn Genoa and New York will be cut from nine days to approximately six when the glant new liners Rex and Conte 1 di Bavola go into service next Winter. The Rex is due to make her maiden Voyage September 27 and the Conte di Savoia November 18, | 1 H |