Evening Star Newspaper, November 24, 1932, Page 4

r A4 o - SPECIAL'FARM AID - STEPS'ARE URGED Henry A. Wallace, Agricul- tural Editor, Hits U. S. Ac- - tivities as Creditor Nation. ‘By the Assoclated Press. NEW YORK, November 24.—Special gvernmmm powers must be invoked preserve American agriculture “until such time as we find it possible to act as a mature, créditor nation should,” sgid Henry A. Wallace, Des Moines farm publication’s editor, in an ad- dress yesterday. The foreign market may be restored #in some measure by intelligent tariff action, diplomatic adjustment of for-| eign war debts, and temporarily re- “newed loaning of American money d, but added, that "l'n)l");d. t ecause of the pioneer, ebtor psychology ¢f so many of our “people.” L Mr. Wallace addressed & luncheon at “the Bapkers’ Club, g:\'en by Edward L. | SBernays, publicist, Tor a group of in- dustrialists, financiers; ecoaczists ond financial writers Mr. Wallace has been | mentioned in political quarters as a pros- | ug’ct for the portfolio of Agricultyre in *President-elect Roosevelt's cabihet, and | “Tuesday the Iowa Fedcrated Farm Or- | “ganizations sent a telegram to Gov.| ~Roosevelt urging his appointment. Farmer Most Acutcly Hit. Mr. Wallace recalled that the compli- | .cations growing out of the World War | #had hit the farmer more acutely: than Zmost business ‘men, because agriculture | 31s more directly dependent upon foreign | markets. “The people 'of the United States have been told repeatedly,” he con- tinued, “by thousands of economists ‘and financial experts cvery year since 919, that the change in this Nation om a debtor to a creditor nation had Zprofound significance. To no class daes “this change have greater significance than to the farmer class which has mormally exported half its cotton, one- third ‘of its lard and cne-fifth of its wWheat.” Touching upon the drastic decline in world price levels, he explained that it takes from two to six times as much ‘wheat, cotton, corn and hogs to pay farmers interest and tax charges as Was the case three years ago, and de- clared “‘as a result, tax sales and mort- ,Bhge foreclosures will reach calamitous proportions in the agricultural sections of the United .States. this Winter. “Unless there is wise planning and prompt, decisive action,” he continued, “there is danger that thousands of men will be dispossessed who are defl- nitely more efficient than the men wh will take their places. Agree on Congress Plan. “Mest of the farm organizations and co-operatives have agreed on a ‘domestic price adjustment plan’ which they will push in Congress this Winter for the purpose of establishing a domestic price levei for basic farm products whica. s sufficiently higher than the world frice level. to establish an equit- able price ratio between farm and in- dustrial prices.” Mr. Wallace did not set forth any specific remedy such as the export de- benture, but said that the problem would require co-operative effort arid experimentation before a perfect solu- tion could be reached. He said the first | ginia, efforts “have been crude, but they can be perfected if men of qualified tech- nical knowledge co-operate “‘Gov. Roosevelt in his cam , sald, “repeatedly re tariff benefit should .be given to agri- culture which would make domestic the necessity of out plan: which will do _justic ture, without doisg. n.m’ ufipm"fl.mmf-- He said that M"mu wep o m groups of busi- . i the past have fought the efforts, the ' farmers to n:“'me help ffom the. Government that its corporate to -‘the , are it “modern sclence and ‘mod- CO-EDS’:REASONS VARY FOR GOING TO COLLEGE Only Half of Survey List Say Edu- cation Is Aim—=Social Asset Claim of Some. By the Associated Press. NEW YORK, November 24—In an effort to discover why co-eds go to col- lege, the New York University Daily News conducted a confidential survey— |-his cottags and only half those interviewed said they had come in quest <f education. Many answered that they were seek- ing a good time. | ‘Three blushing co-eds, the paper re- | ported, said their parents thought every | girl should have a higher education as | a social asset | The majority of the freshmen and | sopbomores at the Scheol of Commerce, | Accounts and Finance said it was | “more fun to go to college than to work.” Share Madrid Taxi Trade. MADRID (#).—To cut down depres- sion in the taxi trade, cab owners here have given each vehicle & letter dencting & week day which is a forced day off. Arrest and fine is the penalty for any driver caught hustling for fares on his day of non-competition. | foreign governments. Roosevelt De The text of President-elect Roose- velt's statement on the question of war debts d his visit here follows: “My conferences with the President and with leaders of my party have been most illuminating nm}l tl:.we u].t ‘}1 wish to expfess my appreciation of the op- portun‘ty thus aloraed mp. “At this time I wish to reafirm my position on the tions that have been the principal sul 15 of our discussions. “As to the debt paymcn‘s due De- cember 15, I find no justification for modifying my statement to the Presi- dent on November 14, when I pointed out that ‘the immediate questions raised | by the British, French and other notes create a responsibility which rests upon those now vested with executive and | legislative authority.’ “With regard to general policies re- specting thes2 debts, I firmly believe in the principle that an individual debtor chould at all times have access to the creditor; that he should have oppor- tunity to lay facts and representations before the creditor, and that the credi- | tor always should give courteous, sympa- thetic and thoughtful consideration to | such facts and representations. Rule Applies to Nations. “Thig is a rule essential to the preser- vation of the ordinary relationships of life. It is a basic obligation of civiliza- tion. It applies to nations as well as to individuals, | £ “The principle calls for free access by the debtor to the creditor. Each casc should be considered in the light of the conditions and necessities peculiar to the case of each nation concerned. “I find myself in complete accord | with four principles discussed in the | conference between the President and myself and set forth in a statement which the President has issued. NG. STAR., WASHINGTON, bt Statenient . President-Elect Opposes Dealing Cdkgfivélj F{ith Nations and Denies Relationship With Reparations. These are: b 1. These debts were actual loans made under the distinct understanding and with the intention that they would be paid. 2. In dealing with the debts each government his been and is to be con-| sidered individually and all “dealings | with each government are independent | of dealings with any other debtor gov-| ernment. In no case should we deal| with the debtor governments col- lectively. Scparate From Reparations. 3. Debt settlements made in each case tike into consideration the capacity | to pay of the individual debtor nations. 4. The indcbtedness of the various European natlons to our Government | has no relation whatsoever to repara-| tions payments made or owed to them. | Once these principles of the debt re- lationships are cstablished and recog- nized, the methods by which contacts | between our Government and the debtqr | nations may he provided are matters of | secondary importance. My view is that the most convenient and effective contacts can be made through ‘the existing agencies and con- stituted channels of diplomatic inter- course. No action by the Congress has limited or can limit the constitutional | power of the President to carry on dip- lomatic contacts or conversations with | oreign governments. The advantage of | this method of maintaining contacts with foreign governments is tht any | one of the debtor nations may at ai time bring to the attention of the Go | ernment of the United States new con- ditions and fdcts affecting any phase of its_indebtedness. It is equally true that existing debt agreements are unalterable sive by con- gressional action. - ROOSEVELT IS COOL TO PROPOSED BOARD FOR STUDY OF DEBTS | (Continued From First Page.) provided are matters of secondary im- | portance. | “My view is that the most convenient | and effective contacts can be made through the existing agencies and con- stituted channels of diplomatic inter- course, 3 “No action by the Congress has lim- ited or can limit the constitutional power of the President to carry on dip- lomatic contacts or conversations with Informal Talks Held. “The advantage of this method of | maintaining contacts with foreign govs ernments is that any one of the debtor | nations may at any time bring to the| attention of the Government of the| United States new conditions and facts | affecting any phase of its indebtedness.” The statement was the fruit that ma- tured from two days of active discussion | of the gquestion in the Capital, first in | a historic meeting with President Hoo- ver at the White House, and then in a series of informal talks with Demo- cratic leaders at his hotel. - One of his callers just before he left the Capitol, Senator Swanson of Vir- , & delegate to the last disarma- ment conference, had expressed a sim- ilar view, along with several other of the congressional leaders who visited the President-elect. Swanson had said bluntly that if the debtor nations had any proposal to make, they should make it ‘and it should be presented to Con- gress for action. He did not believe the present Congress would approve the creation of a group to make a new study of the debt problem. Four Advisors Abroad. In the formulation of his statement of general policies on war debts, Mr. Roosevelt had at hand four advisors on board the train. They were Bernard M. Baruch, Charles Michelson, glubllcuy manager for the Democratic National ttee; Prof. Raymond Moley and Louis M. Howe. Baruch, a New York banker, and Michelson left the train at Lynchburg & few minutes after the statement had been given to the news- paper men. Moley, the advisor who sat with the President-elect in the con- ference with President Hoover, and Howe, an old friend and associate of the New York Governor, continued with him to Warm Springs. The schedule of Mr. Rogseyelt. placed him in ‘Warm Springs in time for the” annual Thanksgiving er given by. the board of trustees of the Warm Springs Foundation. He expected to spend the next several days in complete relaxation with few callers to invade the | 5 the grounds of the Warm Springs ution. NEIGHBORS TAKE DAY OFF. gul:t of the pine-sheltered cottages that Quiet and Informal Greeting Arranged at Warm Springs. WARM SPRINGS, Ga., November 24 (). — Neighbors of President-elect Franklin D. Roosevelt took Thanksgiv- ing day off to welcome him to his little white six<poom cottage in the pines. The plen was to extend him a quiet and informal greeting, and patients at the Werm Spring Foundation, where he comes for rest and recreation, were released from routine for the occasion. A fleet of approximately 10 automo- biles was designated to meet the New Yorker at the train to escort him to e. ‘The cottage has been redecorated and made ready for his arrival. Oak logs were lighted in the fireplaces. Gov. Roosevelt planned to join pa- tients and trustees of the foundation ir a Thanksgiving dinner. He has sched- uled an sddress before the Meriwether County Forestry Assoctation November 29 as his only public speech. LANDLADY KEEPS ORDER ] ) | PARSONS, W. Va, (#)—One word | |led to another between Miles Helmick | |and his star boarder, George Lantz, | until the air was full 'of fists. Neigh-| | bors shrieked for police. Meanwhile, | Mrs. Helmick arrived. When police| | came the combatants had already been | knocked out with a poker. The land- | lady explained: “There’ll be no fighting in this house ROOSEVELT GREETS PARALYSS VCTIN President-Elect Not Too Busy to Talk to Miss Pauline Murrell. Although every minute of his time was in demand before he left Wash- ington yesterday, President-elect Roose- vell was not too busy to pause and greet & young woman who, like himself, has successfully battled infantile paral- ysis. Miss Pauline Murrell & number of years ago was stricken with paralysis of the same kind the New York Gov- ernor suffered. She spent several years at Warm Siarlnga‘ Ga., where Gov. Roosevelt helped establish the Warm | Springs Foundation. After nearly three years of treatment in the South, Miss Murrell came here much improved. ‘The President-elect had scores of re- quests for appointments yesterday be- fore leaving for the South, but he stopped everything else to say a few cheerful words to Miss Murrell when she called. ELECTS HIMSELF HEAD OF PARK COMMISSION Enoxville Man Has Deciding Vote in Great Smoky Mountains Group Meeting. By the Associated Press. KNOXVILLE, Tenn., November 24— Voting for himself after one roll call | had ended without any candidate re- celving the necessary majority, George | Dempster of Knoxville yesterday was | elected chairman of Tennessee's Great Smoky Mountains Park Cemmission. The first roll call gave Dempster three votes to two for David C. Chap- man of Knoxyille, former chairman. Temporary Chgirmgn James A. Trent suggested that “one ‘of you will have to vote for yourself.” ~“Whereupon Dempster cast the ~necessary ballot. Chapman passed on the second roll call. The commission has been without permanent presiding officer since Trent’s election as temporary chair- man shortly after Gov. Horton reor- ganized it recently by appointing five new members and reappointing two old ones. Failure to name & permanent chair- man in several meetings has drawn criticism from United States park offi- clals, and one, Arno B. Camerer, said in a recent interview that.due to the “chaotic _condition” of .the commission he could “see no reason” for going forward with the Federal rcads pro- REDUC "1.00 BALTIMORE Every Saturday and Sunday, good returning till' last “train Sunday night W.B. & 12th St. and New York Ave. N. W. GREAT FOUNDERS AND FED! D, OFPOSTTON GRONS INWAR DEBT POLL Members of Congress Against, Changing of Present | U. S. Attitude. The poll conducted by the North American Newspaper Alliance to de- termine the attitude of Senators and | Representatives toward an extension of the Hoover moratorium on war debts has brought additional answers, which are given here. Earlier replies from members of Congress have been pre- sented in articles appearing in e Star. Ancther will be printed to- MOrTow. | (Republican), | been Burton L. French Idahe—"The United States has most generous in the matter of in-| debtedness.” As a moratcrium on in- teres; or principal due from foreign countries would b2 tiken by them as a prelude to cancellaticn, I am opposed | to_moratorium and cancellation.” W. W. Hastings (Democrat), Okla- homa—"1 am opposed to any further cancellat’'on, reduction or_ postpone- ment of ;rincipal or interest on foreign war debis. We paid our own expenses during the World mately $11552.- 000,000. Through extensions, ~taking into consideration that we are paying 474 per cent in- terest on the money we loaned our allies, we lost in our foreign debt settlements $10, - 1705,000,000. This must be borne by the taxpayers of the United States. I shall vote against any cancellation, extension or postpone- ment of any part of the war debts, principal or interest.” Grant E. Mouser, jr., (Republican), Ohio—"I1 am absolutely opposéd to any postpenement or further revision of war debts. I believe that at least several European nations are able to pay and the United States needs money in order that no_further burden of taxes may placed upon the people. I will op- se strongly any effort in debate and by vote* to postpone payment or to re- vise agreements already mede for pay- ment. M. H. Thatcher (Republican), Ken- tucky—"I am against the cancellation or any further extension of moratorium on debts due us from foreign nations. If they wish to de- fault, let them do it, but the next time they come to us for loans we shall profit by our experiences a n d keep our money at home. If we had the $10,500,000,000 loaned them, we would today be on easy street and not in the middle of a blind alley. As these debtor countries are spending billions of ollars for new armies and navies, Rep. Thatcher. the net effect is that the taxpayers of the United States are paying the cost of these armaments abroad, which in a future war may be employed against us.” J. B, Shannon (Democrat), Missouri— “I voted against granting the original moratorium. I know of no reason to change my position.” Clarence Cannon (Demacrat), Mis- 01 “Money to make loans was se- | cured from the sale of Liberty Bonds. | The; are still outstanding and the | Unif tes pays its obligations, 100 | cent#® e dollar. > “It“foreign taxpayers, who gbt the moné¥ and spent it, do not pay for the bonds; Americim taxpayers must. Even if the merits of the proposition war- ranted an extension, the alarming in- crease in deficit renders this wholly impracticable.” Clay Stone Briggs (Democrat), Texas —*I am opposed to any extension, re- duction or cancellation of governmental debts owing by foreign. countries to’ the United States. Further moratoria will only encourage repudiation. “If the foreign countries do not pay these obligations as installments fall due, the American people Will have to assume another great financial burden and pay off the Liberty Bonds issued to make -the $11,000,000,000 loan.” Ross A. Collins (Democrat), Missis- sippi—"“I am opposed to the revision bf the debts due the United Btates by-the | debtor nations.” (Copyright, 1932, by North American News- paper Alliance, Inc.) Italy Curbs Boastful Ads. | ROME (#)—Hotels, theaters and like | establishments which advertise them- selves as the largest, best or most| luxurious in Italy have been ‘“re-| quested” by the government tourist office to abandon the superlatives and leave the verdict to the judgment of cllgzlr'-s. ‘The ‘“request” amounts to.an order. ED FARE. ROUND TRIP Rep. Hastings, A.E.R.R. ERAL-FINANCE, John_Poole . C.,. . THURSDAY, XO BRITAIN ALLOWED 10 PAY IN POUNDS Concession Granted to Pro- tect Currency, but Gold Is Guaranteed. BY DAVID LAWRENCE. Great Britain may pay her £20,000.- 000 on December 15 in sterling. is the extent of the concessions granted to Europe after President Hoover and President-elect Roosevelt, as well as the Republican and Democratic members of Oongress, had conferred over a way out of the debt problem. The British, however, will be obliged to guarantee that the £20,000,000 will be worth $95,000,000, when the Amer- | b can Government decides to make the necezsary transfers. ‘To put it another way, the British at the present rate of exchange, namely, with the pound selling at the lowest point in many years, would have to supply about £30,- 000,000 of sterling to meet the $95,- 000,000 gold payment. From the British viewpoint £30,000,- 000 is & 50 per cent increase over the payment that is due, and this means also that, with the scarcity of gold, diffi- culties- in getting the necessary ex- change are encountered. Will Supply Difference. The United States Government has no desire to embarrass the Britich gov- ernment at this time. So President/ Hoover believes the American Govern- ment would be willing to accept pcunds | sterling for payment, provided the Lon- | don government guarantees that it will| at the first opportunity either furnish the necessary pounds to make up the difference in exchange or else accept the present payment of £20,000,000 in exchange for $95,000,000 in gold at some later date. The whole transaction presents an | unusual problem for the American Government because, if the £20,000,- | 000 are converted immediately into gold in the exchange market, they would bring $65,000,000, but such a selling movement undoubtedly would tend to depress further the price of the pound. Under the circumstances, the Treasury here probably would hold the £20,000,00 for some favorable time at which the exchange could be made and then the British government would make up the differential. ‘This is not a new concession. It has worked the other way around. Thus foreign governments are permitted to pay their war debts to the United States in Liberty bonds or other Gov- ernment securities. They could, for instance, have purchased some of the 3 per cent bonds when they were sell- ing in the 80's and these securities would have been accepted at par, name- ly 100 cents, if held for the December 15 payments. Sufficient Gold Lacking. ‘The British do not have sufficient gold accumulated here to pay the De- cember 15 installment and at the same time take care of their normal needs for gold exchange. So what the Amer- ican Government is about to do by ac- cepting a pound sterling which is guar- anteed to be worth $4.68 whenever the United States ultimately demands that they be cashed, is to adjust itself to conditions that are unfavorable at the moment for London, but w] in the long run will not prove to be any finan- cial loss to America on this particular payment. If the United States did not make the concession which President Hoover has proclaimed, it would mean that the British, by paying 30,000,000 pounds instead of 20,000,000 peunds, would be paying a premium which, at normal rates of exchange, would amount to ap- proximately $48,600,000. Should the pound sterling ever be stabilized at $3.20, it would not affect the present-transaction, because in ac- cepting 20,000,000 pounds today for the December 15 payment, the British gov- ernment must’guarantee that ultimately the. United :States will get a total of $95,000,000 in gold. It is assumed here that the willingness to accept payment in pounds will be of material assist- ance to the British, and serve to al- leviate such irritation as may be pro- duced, by the stubborn attitude which Congress has adopted toward any re- vision of the war debts. Both Oppose Postponement. After the congressional leaders had | read President Hoover's views on the whole debt problem, it became apparent that both the President and Mr. Roose- velt were agreed in theif opposition to | any postponement of the December 15 ! payment, but that the creation of This | iBER 24, 1932, Missing Child Found, Was Asleep in‘Auto When It Was Stolen By the Associated Press. DALLAS, Tex., November 24— Police were advised today that an unnamed man had found Paul Tanner, 2 years oid, missing since last night and that he was being returned to his parents’ home. The baby, son of Mrs. F. B. Tanner of Irving, Tex., was asleep in a motor gar which was stolen when Mrs. Tanner left it a few minutes to run into the house of a sister. debt funding commission would be recommended by Mr. Hoover to Con~ gre;s. and would lie there unacted upon, per] ot to the delegates to the World Economic Conference. - Mr, Hoover undoubtedly will consult with Mr. Roosevelt again if a united front on foreign policy be- comes necessary through any action of a foreign government; but the events of the last 24 hours have cleared the air so far as December 15 is concerned, leaving the whole dept problem still up to Mr. Roosevelt, with a choice on his part either to influence the Democratic House of Representatives in the short session or else to postpone a decision until an extra session shall have been called, some time in 1933. Meanwhile, Congress undoubtedly will | approve the concession to permit pay- | ment in forelgn currency, if guaran- | teed. Speaker Garner has announced | his acceptance of the idea and this is taken to mean that President-elect Rocrevelt concurred in it at the Wed- nesday conference at the White House. (Copyright, 1932.) 'CLEOPATRA’S JEWELS ARE REPORTED FOUND Count Byron de Prorok Claims Dis- | covery of 800 Emeralds in Ruins of Palace. By the Associated Press. NEW YORK, November 24—Count Byron de Prorok returned to this coun- try from Egypt yesterday and told of having found 800 emeralds in the ruins of the Summer palace of Cleopatra, near Alexandria. ‘The count said he was sure they were the first intimate possessions of the Egyptian Queen ever unearthed. “Some of the emeralds” he said, “were only a fraction of a carat, while others were 15 carats. Some were sep- arated, but most of them were co- mingled in jewelry set with garnets| and oornelians.” “T realize,” said the count, “that my | work as an explorer often had been under attack. Why not? I started when I was 19 and now I am only 34. In sclence, as well as in other walks| of life, the achievements of the young are challenged.” Count de Prorok formerly was the son-in-law of Willlam F. Kenney, wealthy New York contractor. His marriage to Alice Josephine Kenney ended in a divorce in Paris in 1927. PASSING OF MEXICO CITY MULE CAR IS MOURNED Busses Prove More Efficient in Handling Small Traffic, in Capital’s Subtirbs. MEXICOQ CITY (#).—In Mexico, as everywhere, the march of progress brings qualms to the lovers of old-fash- ioned things. Therefore many an old- timer felt like shedding a tear today on reading death notices that dolefully announced the passing of the last mule- | drawn street car in the metropolis. i “Tranvig de mulitas” goes to the|| barn teday, its last trip ended. The|| car has been running on the Granada | spur in the suburbs. For more than 30 | vears this method of transit was an in- | || stitution thereabouts. But busses proved better able to take care of the small | =t L ONDON AND PARIS EXPECT TOPAY UL, British Prepare to Presentl New Facts—Hail Hoover Statement. (Continued From Pirst Page) U. S MARKING:TIME ON DEBT QUESTION Next Step Up to Europe. Leaders Herg Put Ban on Wholesale Review. (Continued From Pirst Page.) request made n the British note ask- ing extension’ of . the Hoover mora- torium. ITALY'S STAND DQUBTFUL. it . | Fasclsm Council Adjourns After Three- Hour: Session. ROME, November 24 ' (P).—Ttaly's preblem of whether or not to pay the war debt to the United States was as doubtful as ever early today after ad- Journment of the second night session this week of the grand council of Fas- cism. Premier Mussolini again spoke length ily, but after a three-hcur session the meeting adjourned until December 5. The present and former ministers of finance, Guido Jung and Alberto de Stefani, respectively, again discussed the jation, .and’ Minister Dino Grandi here from London. He also spoke. * An officlal announcement gave out only the names of those in attendence, and said Premier Mussolini and eight others spoke on “the internal and in- ternational situations.” Although the grand council session: were secret, it was known that Monday night, when Mussolini spoke two hours, he gave no indication of any desision about the debts, but presented a pic- ture of conditions in every country as a background to the discussion. Newspapers have been carrying dis- cussions and continucus reports of the Hoover-Roosevelt conference and con- gressional reaction in the United States, but nowhere have indicated the Itallan position since a week 8go, when several papers announced that Italy would bs sending a note requesting postponement, which later was officially denied. ‘The government has argued consist- ently for cancellation of both repara- tions and war.debts, viewing them as interlinked, in ccntrast with Mr. Hoo- ver’s reiteration that they should be regarded separately. FRANCE READY TO PAY. Parliamentary Complications on Ques- tion are Brewing, However. PARIS, November 24 (#) —France ap- peared ready today to make the De- cember ‘payment in war debt interest to the United States if Great Britain met her obligation in Washington .on that date, but parliamentary complica- tions were brewing. Premier Edouard Herriot was repre- sented as prepared to stake the fate of his government in Parliament on the point. He failed to.attend a meeting of the parliamentary Foreign Affairs Com- mittee yesterday, and the committee postponed discussion of the debt issue. This was taken as a sign of confidence. But, Deputy Franklin Bouillon, for example, expressed astonishment that the committee had taken no action, de- claring the question was now a parlia- mentary one in France as well as Great Britain. Newspapers said they had learned a big majority of the Chamber was op- posed to payment of the December in- terest. Some deputies were insistent that the premier take no decisive step without a parliamentary mandate, The premier and Lord Tyrell, the British Ambassador, talked for some time yesterday, presumably about the debt question. o il Tt impossible newspaper, seems under the circumstances that debtor governments will not consult ether on technical measures to be adop! to prevent transfer of such important sums without the commercial counter- part affecting too severely their eco- nomic and financial balan traffic. So up went the funeral notices, which | | notation: “Please do not carried the nd flower: Once again let us repeat the old saying—"“Time and tide wait for no man” HAVE YOUR TRAIN SET REPA 20 Years IRED NOW! ‘We have been servicing and selling Lionel Electric Trains. ‘This should mean sometbing. When in trouble, remember we will give you real Lionel Service. Bring in your set, no charge for g. We repair and service all makes. SHOP IN COMFORT! Buy your tree ormaments here, A VISIT OUR GREETING In charge of Mrs. Baker, formerly of th ing of some numbers. 8 wonderful assortment. 5S¢ & 10¢ CARD DEPARTMENT e Quality Card Shop. Exclusive show- LIONEL TRAIN SETS PRICED FROM $5.95 up to $70 4mple Suply of exira Cars sud Easincs. Platforms to order, nery. Mountain Superior Lock & Electric Ce. 1410 L St. N.W. Ope: Washington Buildin, the ideal gift for her 5 O'Clock Tea Bag n Evenings Ph. Met. 9439 g 0 g, 1419 G St. N.W. son’s fashions—and Yes, sir! Customary $30 and $35 Values in Glenbrook Suits and Overcoats $22.75 This season’s production—in this sea= efficient craftsmanship which character- izes Glenbrook tailoring—and gives Glen» brook Clothes superiority. Suits after an extraordinary meeting: of con= gressional leaders at the White House. Immediately there followed a chorus of mixed approbation and opposition. lOne Senator and Representative after | another declared against a commission | to review the debts. The same men, | however, expressed approval of Mr. Hoover's stand against further mora- | tortum or cancellation. | Some congressional leaders told Pres- | ident Hoover at the White House con- ference that he already had power to negotiate or set up a commission such as he proposed to negotiate with the foreign powers. The same view Was echoed later by other prominent mem- bers of Congress on Capitol Hill who did not attend the meeting, but in ad- ministration quarters it was held that the Executive had no such power. Speaker Garner, who led the Demo- cratic contingent into the eabinet reom conference, and later into parley with Mr. Roosevelt, reiterated In public & be- lief expressed by several at both meet~ | | 188, | " “Let them default?” he exclaimed in answer to questions. “Who said they would default? They won't.” Suggestion’ on Payments. Following his direct declaration ‘that no facts have been presented by the id btor governments which would justie | fy” suspension of the December 15 paye | ments, Mr. Hoover inserted a suggese tion that in some instances 8] {in foreign currencies rather md& |lars be accepted temporarily. When foreign currencies have }mchud and there has been 8 :en:a all of trade, he said, payments in dale lars in some instances might not by possible “withbout losses on both sides. He propoed that the instalimenty might be made in foreign currencies, with “transfers to be effected from time to time as the situation of the exchanges permits, of course, with guare antees as to the values of such cure rencies.” “If any such circumstances exist and are called to the attention of this Gov= ernment,” he added, “I shall transmit them to Congress for prompt considera tion, but I must insist that existing agreements be respected until they have been mutually modified by duly au- thorized representatives of the governe ments affected.” Speaker Garner said later that'in the cabinet room conference, Mr. Hoo- ver and Secretary of the Treasury Mills had spoken of guarantees that the ex- changes be made up within 30 or 60 days on the face value of the 3 “I don't see any great objection to that,” Garner said, “because we don't lose anything and the foreign govern- ments won't gain al except pos- sll:l)yml u"’le'}:m." X er of the cm:gnnkmfl eaders who attended the cabinet room meet- ing, he said, apparently had no -objec- tion to this plan. JUDGE ORDERS ALI Student Who Suggested Scale Must ‘Work if Necessary. : , Calif., November 24 (#).— 't be with that specially —in worsteds, Harris and Donegal tweeds. Single and double breasted; and the bi- swing model. Made up with Glenbrook excellence. DIAMONDS There are many gradations of quality in Diamonds. For instance, there may be hundreds of dollars difference in the value of two diamonds of the same size. We have continued to deal in only the finest quality Diamonds. Bought from us at today’s low prices, these diamonds are a real investment— a greater value than ever before because of our remarkably low rofit margin—the lowest in our 7 years! 'R.Harris & Co. F Street at 1lth ANNE HUTCHINSON She founded the first woman's_club in ¥ America—and was the pioneer fer in the new movement for freedom of. speech. SEE THE EXHIBI. OMAN?'S financial freedom is evidenced at this . bank by these figures: 51% of our Safe Deposit ‘ Boxes are by women. Hundreds of women TION OF DRAW- INGS AND ETCH- INGS BY BENSON facilities are less than 2 eents a day your jewelry and valuables MOORE — MAIN FLOOR. are secured in our Safe Deposit Vaults. As trustees, we handie the affairs of hundreds of heirs, many of them women. FEDERAL-AMERICAN NATIONAL BAN AND TRUST COM?%NY Qvercoats ~—in soft lamb’s fleeces that have warmth without weight; single and double breasted. Also the dressy Chesterfields, with velvet. collars. Glenbrook tailored. Diamond Solitoires $50 to $5,000 No Charge for Alterations The Mode—F at Eleventh Here's one gift she'll welcome with enthusias: She simply couldn't help falling for #his dainty little bag with striking metal trimming and superb fit- Engraving extra. Locations Half & 14that G . Jewelers and Diamond Merchants for Oyer