Evening Star Newspaper, September 30, 1932, Page 3

e~ CREEN IS PLEASED BY JOBS INCREASE August and September Show- ing Best Since 1929 in Union, He Says. The gain “in employment in Septem- ber is encouraging,” President William Green of the American Federation of Labor said today in his monthly report. He pointed out this was the first time since 1929 that employment had gained, both in August and September among union men. “While enough to s Green s seasonal trend suggests returning con- fidence.” Despite the showing presented in re- ports received at headquarters here from State federations, however, Presi- dent Green's statement said unemploy- ment increased by 100,000 in August for the country as a whole. The cause was attributed to wage earners being laid off in smaller industries. “Contrary to expectations based on trade union reports,” Mr. Green said, “our estimation of total unemployment in the United States, based on Govern- ment figures, shows more out of work in August. For the country as a whole, 11,400,000 were out of work in July and 11,500.000 in August. 100.000 Farm Men Released. “Ihis increase is due to the fact that many of the smaller industries, which do not feature in the news, but which nevertheless control jobs for wage earn- erns, have laid off men. In agriculture alone nearly 100,000 farm laborers were released after the July harvest. “Government indices show that while employment improved in some of our major industries, the gains have not yet spread throughout. In manufac- turing and in mining, workers were taken out, but on the whole, not in large numbers, compared to the num- ber unemployed.” Mr. Green warned that the employ- ment gains were seasonal in character with few exceptions, and “we cannot count on large numbers going tack to work threugh normal channels, unless measures are taken to create jobs.” He cited the recent report, of the Labor Department that generdl relief given in July in 125 cities was more than double last year's payments. *'Unquestionably the Winter ahead of us holds suffering never before experi- enced in this country,” Mr. Green as- serted, “and no adequate means are yet in sight to prevent it. Federal Plans Pushed. “Leaders of the Government recon- struction program are hard at work on the improvement is mnot ow a definite upturn,” Mr. estoration of the normal’ THE EVENING STAR. WASHINGTON, D. HOOVER RATES CHILD WELFARE MOST VITAL PROBLEM OF HOUR Women's Conference Told Depms;'o;,| BY BANK TROUBLE Would Be Relieved Largely’l)y Eliminating Labor of Young. By the Associated Press. President Hepver has taken the posi- tion that “in the larger sense none of the problems Lefore us is greater than the problems of the home and the chil- dren.” The Chief Exccutive expressed this view in a message to a round table conference of representatives of more than 1,800 women'’s organizations, held in New York under auspices of the New York Herald Tribune Institute. It was broadcast nationally last night from the Lincoln study of the White House. Mr. Hoover repeated to the confer- ence the “children’s charter” evolved at the White House Child Welfare Cor- ference and Eledged his support to its realization. Text of His Adress. His address follows: “Your meeting is for the purpose of forming programs of work in local ad- vancement during the next year. I ! have been asked to speak for a few mo- ments on the question of housing and of children. I could have taken part of my time to speak to you about such problems as world disarmament, Amer- ican policies in advancement of world peace, the importance cf the forthcom- ing economic conference in Europe, the problems of reconstruction from the | present depression, the tremendous problems of reorganization we must face as a result of our experience in the last three years. “All of these are vital questions to which the wom of America are in- terested and in which you can con- tribute enormously to advancement. But in the larger sense none of the problems before us is greater than the problems of the home and the children. “Second only in importance to the direct problems of childhood are the collateral problems of home surround- ings and home ownership. The con- ference in Washingtcn on Housing and those present with you this evening par- national thought and progress in the great social and economic problems in- volved. which T recommended to the Congress for both emergency purposes and for the permanent advancement of home ownership. The authority in the Re- construction Finance Corporation act to make loans for slum clearance in the cities is another evidence of the ad- vance of public thought. To you who are planning ahead programs of work for earnest groups of organized women | I strongly commend study of the new | data, new ideas and methods and plans | envisaged by this most exhaustive con- | Home Ownership in which many of | ticipated, has established a basis lur‘.I-ENAN.l- M'GRAI'UN The work of that (‘(ml'erenl:et already has flowered in the creation of | a new system of Home Loan Banks, | him* with safe and wholesome places for play and recreation and education {1" safety and protection against acci- ents. *“ ‘For every child who i$ blind, deaf, crippled or otherwise handicapped, care and treatment, and such training that he may become an asset to society. “‘For every child who is in conflict with society the right to be dealt with intelligently as society’s charge, not so- ctety’s outcast. ““For every child the right to grow up in a family with an adequate stand- ard of living and the security of a stable income. “‘For every child protection against labor that stunts growth, that limits education, that deprives children of the ;lgth of comradeship, of play and of oy. “‘For every rural child as satisfac- tory schooling and health services as for the city child. “‘Every stimulation and encourage- ment to the voluntary youth organi- zations. “‘Everywhere a district, county or community organization for health, education and welfare, with full-time officials, co-ordinating with a State- | wide program which will be responsive to a Nation-wide service of general in- formation, statistics and sclentific arch. | “‘For every child these rights, re- | gardless of race or color or situation, | wherever he may live under the protec- | tion of the Ameican flag.’ “This is my answer to your request | for a specific program for your organi- zations. Our problem is to bring these ideaM into reality. “I have worked with you for many rears in the development of this vision and ip the perfecting of the practical means by which it may be realized. I pledge to you my support in your endeavors. IS STARTED TODAY {Apartment Transfers This Year Are in Excess of Total in 1931. IFEW CITIES i New Analysis of Adjustments Fixes 32 Per Cent as Those Affected. 1 By the Associated Press. CHICAGO, September 30.—A new e | analysis of banking adjustments in the United States reveals that 68 per cent of all towns and cities have experienced “no bank trouble whatever,” since Jan- uary, 1930. Of the Nation'’s 10,275 cities and towns with a populatioh of 1,000 or more, the survey says, only 420 of those which had banks in 1927 are without banks today. This review of bank adjustments will be published tomorrow in the Bankers’ Monthly. “Many people think bank adjust- ments have been universal,” the maga- zine will say. “The truth is that trouble has been concentrated in less than one-third of the cities and towns with banks.” In 1921, the survey points out, there was a bank for every 4,000 people in the United States, while today there is one bank for every 8,000 people. Good in Some Phase. “It is not easy to determine whether we are better off with 8,000 people per bank than with 15,000 (as in 1880)," the analysis states, “but it does seem reasonable to assume that we are bet- ter off with 8,000 than we were with 4,000 per bank. “The really good news and the news that ought to stop every calamity monger is that no bank trouble has been recorded in 68 per cent of all the cities and town in the United States since the first of 1930. “There have been no banks closed in those towns; tiwre have been no mergers or consolidations; no bank has been taken over by another or reor- |ganized. There have been no banking adjustments of any kind. “The forced readjustments have been concentrated in 4,985 citles and towns out of 15,754 which had banks in 1930. Some of those towns that did have trouble, of course, are really in better shape today, frcm a banking stand- point, than they were two-and one-half years ago. Excessive competition has been eliminated.” Bank Trouble in Five States. In only five States, the survey re- ports, have as many as half the towns reported bank trouble. In Arizona 50 per cent reported such trcuble, in North Carolina, 51 per cent; in Arkansas, 52 per cent; in North Dakota, 52 per cent, and in South Caro- lina, 62 per cent. All other States had lower percentages. These five men were tied up—two NEW PHONE RATES. | Utilities Commission Stays Order While Court Studies Application for Restraint. | The Public Utilities Commisidon yes- | teerday stayed for 10 days its order reducing telephone bills by 10 per cent. | The order was to have been effective |on bills rendered for service after to- The Chesapeake & Potomac Tele- phone Co., however, asked Justice Pey- ton Gordon of District Supreme C-urt to issue a restraining order. Justice | Gordon asked the ccmmission to sus- DELAYED TEN DAYS of them shoved into an icebox—by two bandits who held up a Sanitary grccery store at 4883 Conduit road early today. Top, left to right: Claude McMullan, grocery clerk; J. M. Crawley, customer; Meat Market Memager Harry Mundy and Stcre Manager Kent R. OOpper. Below: Fireman U. M. Westbrook, No. 29 Engine Company, a customer, who —Star Staff Phctos. FIVE MEN BOUNC, 3 BUT STORE BANNTS | GET LITTLE CASH| (Continued From First Page) | elderly clistomer, J. M. Crawley, of 4901 V street, came into the store, making his reguiar early morning call. “There was no one behind the counter,” Crawley told police, “so I walked back to the door opening into | through the glass panel and said, ‘I | want some sugar’ “A man came out with a white coat on. I thought he was | a new clerk. But he pointed a gun at me and led me into the back of the store. Then they tied me up and threw | me under a shelf and piled boxes on top | Alumni and Students of George- town Will Gather Under Auspices of me.” | At this point Fireman U. M. West- | brook, of No. 29 Engine Company, a | block away, entered the store. He | found one of the men standing by the grocery counter. | “I thought he was a customer,” said Westbrock. “But not for long. When I turned my back on him for a moment, Bandits the back part of the store and looked |y————— ————— LT SUPPORTERS ROOSEVE WITNESSES HEARD INWARDMAN PROBE | Government Begins Investi- gation in Milwaukee of Defunct Company. By the Assoclated Press. MILWAUKEE, Wis., September 30.— Fifteen witnesses appeared before the Federal grand jury here yesterday as the Government started an investiga- tion of the sale by Halsey, Stuert & Co. of about $200,000 in Wardman Properties, Inc., bonds to Wisconsin residents. Most of the witnesses were employes or former employes of Halsey Stuart & Co. James D. Hobbs of Wash- ington, a former vice president of one of the Wardman investment companies, remained in the jury room more than an hour. Authorities said the purpose of the probe, coming after months of work by the United States Bureau of Investiga- tion, is to determine whether “h'gh- pressure” methods of selling Wardman securities constitute violation of the law or use of the mails to defraud. ‘The Wardman bond issue of $13,500,= 000 was floated by a syndicate of invest- ment houses to refinance 11 buildings in Washington, including the Wardman Park Hotel. The issue was underwritten and sold by Halsey, Stuart & Co. The bonds originally sold at 100, defaulted in interest and principal and now -are quoted at 10, Hearing of evidence probably will be | finished today, according to Forest A. Harness, Washington, special prosecu- tor. The case was brought to Mil- waukee because a substantial number of bonds were sold in this section and numerous complaints were received from losing investors here. SIGHTSEEING LINES ANNOUNCE MERGER |Gray and Royal Blue Will Have Joint Offices at 1417 Penn- sylvania Avenue. Merger of the Gray Line Motor Tours, TO HOLD RALLY TONIGHT |1nc, and the capital Sightseeing Co., of Democratic Committee. Roosevelt supporters among the alugni | ment. and students of Georgetown University seeing Co., and the officers will opsrating the Royal Biue Line, was an- nownced today by William L. Bush, president of the former, and Harry G. | Taylor, president of the latter. | The systems will continue to operaie | as two units, with one general manage- ‘The new operating company will be known as the Blue & Gray Sight- be o8 plan a rousing political rally tonight at | follows: Mr. Taylor, president: Mr. Bush, vice 8:30 o'clock under the auspices of the | Democratic Central Committez of the | president; Frederick W. Niles, general District of Columbia at its headquar- | manager and ~secretary, and Leroy ters, 1320 G stree | Galer, assistant treasurer. Offices will Robert E. Curry, son of John F.|be consolidated at 1417 Pennsylvanis Curry, Tammany leader of New York, | avenue. who is a tudent at Georgetown, will | be one of the speakers. National Com- | mitteeman John F. Costello will open | the session and turn the gavel over to | Dr. Lewis C. Cassidy, professor of law at the university, who will introduce schemes to create jobs, but getting men back to work by the million is necessarily a slow task and, unless progress is speeded, by whole-hearted co-operation of all, millions of families will have to be supported by charity. “We estimate the depression has dragged 40,000,000 persons below mini- mum standards for health and effi- ciency, including workers and those dependent upon them. * * * Starva- tion, illness, the moral evils of unem- ference on Housing and Homes. ¢ Children Safeguarded. “Our most immediate question is the | Washington's large body of tenants| In contrast, the analysis continues, | pend jts orfier while he studied the are engaged today in the annual whole- | Rhode Island reports 96 per cent of its | priefs submitted by both sides at the cale moving from one list of apart-|banking towns without any trouble|hearing on the company’s petiticn yes- since January, 1930. Other high per- | terday. : € | ments to ancther, piling peak loads of | fi','c'}:" ‘i;‘{‘fi:%‘:,ffi:;‘s’i’(‘m“"a‘;"nfl%ffl_‘»wark on moving van concerns and pub- | centages were reported by Vermont,| At the same time the commission er be- | 0Tl Nities ang, last but not least, on | with 93: Delaware, with 91: New Hamp- | changed from October 1 to November 1 igfiiae%enfii“fi”fii’g’f, e avsonsi- | Mother and Dad and octher available | shire, 90; Massachusetts, 88; New York. | the effective date of its order requiring Bility to safeguard and protect the chil- | members of families. 85; Caiifornia, 84; Maine, 84: Wis- |the company to credit its depreciation e T ey as the humane necessity |, The predominant portion of leases|consin, 82; New Mexico, 79; Loulsiana, | reserve with 5 per cent per annum in- G S e e oy be i | here Tun for 12-month periods and the | 79, and New Jersey, 78. | terest, an order which would have the Sanger for the future. The devotion of | MOSt cf each end September 30, causing| Banks of today are larger than ever | effect of making some $350.000 more before, the survey says, citing figures | per gnnum available for rate reductions he grabbed my arm, pointed a gun at me and then tied me up. They drag- ged me back of the meat counter,| stuffed rags in my mouth, and left me.” | With everyone securely bound, the | two bandits then rifled the cash drawer and fled. Copper told police he believed the men had a car parked about a block away and that they escaped in it. He| said he had noticed two men, Te- sembling the bandits, in the machine a flood tide of transfer business each ployment, are eating away the very fiber of our national being. “We can prevent much of this de- terioration if we have the will to do it. There is still time to stave off the| ‘Winter's unemployment if business men, financiers, workers and all citizens in every community will co-operate to rten work hours, create jobs and money for relief. The present emergency calls for patriotism of the highest order. Let us not fall short.” KANSAS CITY DRY RAID CASES READY FOR JURY Three More Are Arrested as 100 Federal Agents Move to Clean- l up Speakeasies. { B/ the Associated Press. KANSAS CITY, September 30.—The gtaff of William L. Vandeventer, United States district attorney, worked last night preparing cases growing out of extensive prohibition raids here this week, for presentation to a Federal grand jury. Three persons were arrested yester- day, bringing to 95 the total taken into custody since nearly 100 Federal agents, *most of them brought in from other States, opened wide operations Tuesday night against night clubs and other establishments. “The big campaign to ’rid Kansas City of its open dealing in ‘Jiquor is just under way,” Vandeventer said. SPECIAL NOTICES. FALE, WEDNESDAY, SEPT. 28th, AND SAT- urday. Oct. 1st, 2 to 8 p.m. Maithews, 1833 Mintwood. Owner leaving town. offers home furnishings. linen. china. antiques. GOING? WHERE? TELL US WHEN AND we'll move your furniture and take mighty wood care of it at low cost. A telephone call will save you time and trouble NATL. DELIVERY ASSOCIATION. phone Nat. 1460, THE_ANN UAL MEETING OF THE COLUM- bia Building Association will be held at the office of the association, 716 Eleventh street T.w.. Thursday, October 13. 1932. at 7:30 p.m WANTED—LOAD TO NEW YORK OR EN Toute between September 28 and October 7. McNEILL BROS. TRANSFER CO.. Dec. 1866, BRENNER'S MODERN Av"f‘? LAUNDRY. 2525 M ST. N.W. i CARS WASHED. 75c __CARS GREASED. 75¢. THIS 1S TO NOTIFY ANY MERCH-NTS OR stores i Washington, D. C.. and ‘in Mary- Jand that I will not be responsible for any debts contracted by any one other than J. C. JUBB. 817 G_St. N.W. 4 100 LETTERS. $1.25; 200, $1.7>. Circulars, notices, etc., addressing, mafling. Ace Letter Service, District Nat. Bank Bldg INFORMATION ‘WANTED REGARDING Daniel Woodard, son of Isaac and Angeline Woodard, missing since 1908; age, if still 43. ADA HOBBLLY, 4302 Douglas st._ne. oty MR, HERBERT A. GILL ANNOUNCES that he has retired from the firm of Her- bert A. Gill & Son, and that the business will be rgrr;‘unged uNndar"lh! same firm name by . The . Gill,_ir. B i ‘H!RBERT A. Gl " THEO. N. GILL, Jr. September 26, 1932, Terminel Refr ing. 11th and E SW__2* FURNACES 1500t cianes $2.50. Parts fer every furnace: gas and oil heat installed. Robe: Heating Co.. 1395 Fla. ave. n.e. Lin. Elfl"‘n = TREASURY DEPARTMENT, Ofice of the Comptroller of the Currency, Washington, D. C. September 22, 1933. Notice s hereby given to all persons who may have claims against ““The Departmental Bank.” Washington, D. C.. that the same must be presented to W. B. Allman. Re- ceiver, with the legal proof thereof. within three ‘months from this date or they may be disallowed. ST A (Signed.) ___Actine Comptrolier of the Currency. _ Wesonler's Public Atiction on Saturdsy. Oc- ber 15, , for charges: O iaton | Coupe—D. G N 308 left by ton. Chevrolet Roadster—Penn. 46; left by Mr. Imnoe. " X lett by e CoACh—D. C. P 5350; left by Mr. W e Kouring—D, C. 4774 left by Mr. 2 s ‘bedun—D. C. U 5181 left by Mr. ARL, INCORPORATED. c”",!' Eu H Street N.W. c MOVING “%viasre CALL CURLES, ATLANTIC 1112 __1° t1 1 contracting. 20 years at 1310 1 ereet hw. " New location, 901 Webster w. Never were prices €0 low for guar- Col._4224—RUCKER'S—Col. 8431 ‘Established Since 1891 terior and exterior painting, 3 B hanging. repairing, refinishing < THE FOLLOWING CARS TO BE SOLD Jemes Hamp! Roadster—D. C. V 2733; left by Mr. Ford A_Coupe—D. C. T 1095 M. Culbert J. Robinson. HEAP—QUICK n antéed work. Now Located at 1622 H St. NW. g and Feupholstering furniture, draperies and win= dow shades. voluntary effort, the solicitude being | given throughout the Nation to the wel- | fare of children through this trying dis- | tress is a stimulant to the spirit of | every one of us. The continuous re- | ports of the Public Health Service | showing a less infant mortality, less | infant disease than in prosperous times, | can mark only one thing and that is the most extraordinary devotion to those who would be ncrmally the most hard pressed. I know of no greater | service than constant watchfulness of your groups that they shall continue to be safeguarded. | “There is another opportunity grow- ing out of these times to advance the cause of children. It is obvious that the discoveries of science and inven- tion, of labor-saving devices, have out-‘ run the rapidity with which we nor- | mally balance our economy with em- | ployment in produetion of new com- modities and new services. The result | is a large increase in what we popu- | larly call ‘technological unemploy- | ment.’ One answer to it lies in short- ening the hoy of labor that all may ultimately par8cipate in the produc- tive work of the Nation. But there also is another contribution which can be made—that is the steady elimination of child labor. A great deal has been accomplished in this direction in past years. But it would not only help childhood, but would aid in the better distribution of work among adult breadwinners if more children were eYminated from those few industries where they are still employed. It would be a step toward the permanent elim- ination of young children from indus- try. “We should not forget that idleness is no more helpful to children than it is to adults, and that a rigorous en- forcement and support of school at- tendance is of vital accompaniment of all reduction of child employment— which, in turn, brings us to the neces- sity of maintaining and supporting our schools as 2 first charge upon all of our resources in these times of emer- gency. Not alone should we maintain and support and expand them for the purpose of absorbing the comparatively small percentage of children who other- wise might be engaged in industry. We cannot afford to slacken one moment in the preparation of the new day of a generation of Americans stronger and better, not only physically and intel- lectually, but, above all, morally. “We can do much to help the Na- tion and the children over the present emergencies. But the greatest service in the leng view is the endowment we can give to the next generation in health and character. In that field lies the progress of the Nation in stamina, health and character. So much have I felt this to be an imperative respon- sibility, that I have given every weight of this office and much time in asso- ciation with these effcrts. The Children’s Charter. “Latterly I have been much interest- ed in the systematic formulation of the conclusions of the White House confer- ence on problems of children. Out of this conference came the Children’s y | Charter, containing a definite program —a program near to your heart and mine, & program so compehensive, so varied as to provide a foothold for every kind of organized interest, a program so definite that you can make it a per- sonal and specific undertaking. at it struck a responsive chord in the Na- tion is evidenced by the millions of coples of it which have been reproduced. “To refresh your memory of it and to re-express my own interest in it, I shall repeat to you an abbreviated con- densation of it. This then should be our creed and our program for child- hood: “‘Fgr every child spiritual and moral training to help him to stand firm un- der the pressure of life. ‘For every child understanding and the guarding of his personality as his most_precious right. “‘For every child a home and that love and security which a home pro- vides—a dwelling place safe, sanitary and wholesome, a home environment harmonious and enriching. ‘For every child full preparation for his birth, his mother receiving prenatal, natal and postnatal care. “‘For every child health protection from birth, promotion of health, health instruction and physical and mental recreation. “‘For every child a school which is safe from hazards, sanitary, properly equipped, lighted and ventilated; an education which prepares him for life and prepares him for a living. “‘For every child a community which recognizes and plans for his needs, pro- tects him against physical dangers, moral hazards and disease; provides 3 year in late September and early Octo- ber. No Available Figures. | While there are no available figures giving an accurate check on transfers for comparable periods, indications are moving this year is of greater propcr- | tions than last. These indications are seen in records of the public utility concerns regarding the number of new connection orders | for their services. These figures, how- | ever, are not ccnclusive as to the num- ber of family moves being made. The Washington Gas Light Co. finds that it has received 3,285 new supply | orders during the first 24 days of this month, as compared with 3,160 for the first 24 days of September of last year. Figures gathered this morning for the period of September 26 to 29 this year | show 832 new supply crders to the gas company, this bringing the September total for this year to date to 4.117. Officials of the company point out that today will run up the biggest total for | any day of this month. The September | total for this year thus will exceed the | figure of 4,150 new supply orders for | September of last year. | " During the past year, from Septem- ber 1 through August, there were a total of 35,126 new supply orders, which was approximately the same as the dis- continue orders received by the Wash- ington Gas Light Co. Orders received by the Chesapeake & Potomac Telephone Co. for a moving of telephone service for its customers shows a more clear picture of the in- crease in family transfers this year. During August of last year it received 1,118 “move” orders as compared with 1,461 for August for this year. Transfers Last Year, In September of last year there were 1,380 such transfers as compared with a closely checked estimate of 1,800 for September of this year. In October of last year there were 1,699 such orders as compared with an estimate of 1,900 for October of this year. The figures of the Potomac Electric Power Co. for orders for new installa- tions #lso shows the trend to the peak of such transfers. Last year it received about 200 such orders a day in the early part of September and the figures rose to 582 on September 31. The daily figures then declined to 478 on October 1and to 273 on October 31. CUBAN FLYERS SEE SIGHTS OF CAPITAL Luncheon Only Function for Good Will Trio, Who Will Take Leave Tomorrow. here in the course of a good-will flight arcund the United States, are spending today sight-seeing. Only one function, a luncheon by officers of the Army Air Corps at the Carlton, was arranged. The three pilots, Capt. Torres Menier, flight commander; Lieut. Rodolfo Her- rera and Lieut. Pablo Alonso, will take off from Bolling Field early tomorrow for Langley Field, Va., and will con- tinue to Havana by way of Charlotte, N. C.; Jacksonville, Fla., and Miami. Today's luncheon was informal, with approximately 50 present, inciuding Lieut. Col. Barton K. Yount, comman- dant of Bolling Field, and officers of Three Cuban Army flyers, now guests | pef his staff and officers from the office of the chief of the Army Air Corps. Ar- rangements were made by Capt. E. E. Hildredth of the office of the chief. ‘The visiting Cuban officers were en- tertained informally at dinner last night at the Mayflower Hotel by Dr. Jose T. Baron, charge d’affaires of the Fall Is the Ideal Landscaping T Plants set gyt now will s growth earlie® next Sprins more bloom in the Summer. us give you free estimates on’ planting bardy lawns, evergreens, plants, roses, etc. to show that the average resources for all banks have grown from $1,612,000 in 1921 to $3,020,200 in July, 1932. EXCESS RESERVES BOOSTED. $400,000,000 in Federal Banks “Un- paralleled Figure.” NEW YORK, September 30 (#).—The twin forces of steady gold gains and the return of hoarded currencies to the banks had resulted today in boosting excess reserves of Federal Reserve member banks to the unparalleled figure of about $400,000,000. This is money placed with the Federal Reserve banks above the legal require- ments of member banks. It is idle money and the amount is sufficient to form a base for extending $4,000,000,- 000 of additional credit. ‘The Federal Reserve System, bankers pointed out, has the power to reduce this large total, but is not doing so be- cause it is seeking to stimulate the more active use of credit by making it so abundant that the banks will seek outlets where they can put their funds to work. By selliing its present heavy holdings of Government bonds, the Re- serve benks could sop up most, or all, of the surplus. A further gain of $20,000,000 was re- ported for the week ended yesterday in the Nation's monetary gold stocks. The total is now $4,185,000,000. On June 15, when the low point of the Summer’s gold exodus was reached, the Nation’s gold supply had dipped down to $3,909,000,000. The increase since then has been $276,000,000. In the meantime currency has con- tinued to come back to banks from mattresses and tin boxes of the hoard- ers. Because of this improvement, money circulation as reported by the Federal Reserve System decreased an- other $37,000,000 last week. PRIVATE NAMED TO TAKE WEST POINT EXAMINATION Cavalryman Stationed at Fort Myer Is Among Six Men Se- lected in This Region. Pvt. AHen J. Greer of Headquarters Troop, 3d Cavalry, at Fort Myer, was among the six young men in this vicin- ity who were designated by President Hoover today to take the March 17 entrance cxamination for the United States Military Academy. The following candidates were listed from Washington: Roy C. Heflebower, jr., 5209 Fourteenth street. a son of Lieut. Col. Heflebower; Donald K. Nickerson, 2320 Nineteenth street, a son of Maj. Lewis A. Nickerson: Roscoe Conkling Davis, jr., 3228 Klingle road; Harold E. Marr, jr., 1918 N street, a son of Maj. Marr. and William H. Cor- t. 1918 N street. | " Arguments cn the company’s petition occupied most of yesterday in Justice (Gcrdnn's court. At the end he an- nounced that it wou'd be impossible for him t> reach a decicion for several days and accordingly requested the commis- | sion to stay its order. The company contended the order would amount to a confiscation of their | property, while William A. Roberts, fcr | the commission, denied this and said |all of the evidence in the company's | affidavits had been considered carefully | by the commission in reaching its d cision. _ . | D. C. DEMOCRATS HEAR TARIFF BLAMED FOR ILLS Representative Ragon of Arkansas and Miss Elizabeth Wheeler Address Party Meeting. Representative Ragon, Democrat, of Arkansas, and Miss Elizabeth Wheeler, daughter of Senator Wheeler of Mon- tana, were the principal speakers at a meeting in the Democratic Central | Committee headquarters last night. Declaring the protective tariff on ag- ricultural commodities has been em- | ployed by the Republican party for the betrayal of the farmers, Ragon con- demned the Hawley-Smoot tariff bill, and said the depression could be traced to the*day the measure became law. District Young Democrats Club and na- tional vice president of the organization, said hundreds of young progressive voters of the West have joined the or- ganization to throw their support be- hind Gov. Franklin D. Roosevelt. RUSH PRINTING EXPERT SERVICE HIGH GRADE —NOT HIGH PRICED F fomes in a Distinctive New Community TO REACH- Drive out 16th and Alaska Ave.. nort’t on Ga. Ave., right at signs. S | chattering. Miss Wheeler, who is secretary of the | when he came to work. All five men were released by an eighth precinct policeman, who was off duty and had come to the store to buy groceries. When the officer and the firemen opened the ice box coor they found Mundy and McMullan on top of each other, huddled together trying to keep warm. An hour later when newspaper men and seventh precinct police were | | questioning them, their teeth were still | | I NAVY LETS CONTRACT 1$11,674 Award Goes to Otis Ele-| vator Co. | | The Navy vesterday awarded a con- | | tract for $11,674 to the Otis Elevator Co. here for construction of an in- clined passenger elevator-at the Naval Air Station, Sunnyvale, Calif, as part | of a public works program, totaling | $132,159, to be supervised by the Bu- | reau of Yards and Docks. For altera- | tions to quarters at the radio station, Annapolis, Md., Hollyday & Stahl of Baltimore, Md., will be paid $1,179. | Wheel Chairs | FOR RENT OR SALE | UNITED % STATES STORAGE CO. | 418 10th Street Metropolitan 1843 the other speakers. Speakers include _Prof. Roach, Roland B. Mahone, Crane, Washingtcn attorney. A group from the university will sing the recent campaign song, “Good Times, Roosevelt, Good Times.’ Charles E. . former Rep resentative from New York and former | Minister_to Equador; Charles D. Dray- ton of South Carolina and Wililam J. Nokc . OIL BURNERS SAVE MONEY | | Automatic Heating Corp. 1719 Conn. Ave. North 0627 | Window Shade That Can Be Cleaned is Decidedly Economical! Dupont TONTINE a washable shade cloth— washable to the point of SCRUBBING— therefore replacements are fewer and they may be kept clean and Factory fresh indefinitely. We are at your service! You Money 830 13th St. N.W. Ww. Venetian STOKES SAMMONS Blinds for Home or Office NEVER CONNECTED WITH ANY OTHER DAIRY IN WASHINGTON OR ELSEWHERE. FOR PROMPT SERVICE PHONE DECATUR 1400 THOMPSONS DAIRY