Evening Star Newspaper, December 13, 1932, Page 3

NEW FRENCH CRISIS UNFORESEEN HERE ¥. S. Officials Regard Paris | Action as Making Issue { of Minor Matter. (Continued From First Page.) sBtates when there are no funds coming l;;mm Germany. This is the reason wLy any French government must today bmit the question of payment to the ench lower house. Blow Not Unexpected. The rejection of the draft note as gubmitted to the Foreign Relations and Finance Committees is a heavy, but Jiot unexpected, blow for Premier Her- iriot. He is reported to be decided to Might to the bitter end and hopes that Ahe last note sent by the British gov- sernment to the United States last night, Jccepting the point of view of Secre- tary Stimson in regard to the reserva- itions contained in the memorandum cf dJast Sunday night, to a certain extent, will influence the French Chamber. But, unfortunateiy, things have gone pretty far in France. The French press almost unanimously objects to payment without _strong reservations. Public opinion is inflamed and manifestations of public bodies have taken place yes- terday and today in Paris before the Chamber of Deputies and the American embassy. The members of the French Parliament are usually very sensitive to such manifestations of public opinion «and guide their actions frequently more in accordance with the popular feeling than with what is believed to be real 1ship. In Was inexpected {puzzling r" The debtor governments know by now hat the United States Government has 0 power to accept any reservations to he payment due under the old agree- ents made and ratified by the Ameri- an Congress. Consequently American fcials do not understand why these jovernments should insist on a theo- retical reservation when the American overnment has granted the maximum t can under the circumstances, and hat is to promise the debtor nations at the President will recommend to {Congress a study of the entire debt Pquvsuun with the object of revising the uture payments in accordance with the capacity of payment of each in- dividual nation. Issue of Minor Matter. The Congress has not had yet an ppportunity to express itself as a body on this matter, but from the declara- tions of many members of both houses ‘made to the press in the course of the gast few weeks it is obvious that neither the Senate nor the House of Repre- rsentatives is opposed to a re-exami- @ation of the debt question. N J Consequently, it is asked in official quarters, why should the debtor nations try to make an issue out of a minor fmatter? Whether the payments due on De- cember 15 are regarded as an advance on the final sums to be paid is a mat- ter of no consequence. When the mat- ter of debts is taken up again by the idebtor nations and the American Gov- ernment, it seems that it would be easy to obtain a sufficient reduction to cover the amounts paid this month. The total matter involved which will come under discussion is more than $22,000,000,000, while the payments due on Thursday are less than $124.000,000. Tt is reasonable to think that if France were to get a reduction of say 50 per cent of her present indebtedness $20.- 000,000 more or less would not make much difference. And, if it were neces- sary. for reasons of internal politics, to represent the amount paid on De- cember 15 as having been subtracted from the amount still payable after an agreement has been reached, *here is 10 reason to believe that anybody would object to it. MAYOR EXONERATED False Registration and Illegal Vote Charges Thrown Out. EBENSBURG, Pa., December 13 (#). «Charges that Mayor Eddie McCloskey of Johnstown registered falsely and Voted illegally in the general election nvere nolle prossed yesterday by Judge John H. McCann. The judge acted on a recommenda- tion of District Attorney W. Lloyd ‘Hibbs, who said the charges contained Mo allegations that could be sustained. McCloskey was indicted last week on charges preferred by R. Milton Good, a private detective. ki F PP SPECIAL NOTICES. )T BE RESPONSIBLE FOR ANY LEWIs E HAZAR! L g 1 L N E IS HEREBY GIV LB clon I the will of William James proved and e Register of Tollowst %t ington the entire turn was and to a certain extent exhibited of b3 2 Turther give every person “hul ma '" my executrix hereinaft :iu’ Probate Court im and establish any degree of relationship to me by ties of con- the sum of one dollar (S1.00) however, that such claim shall orie (1) vear from the date hed in a daily paper MARY HALLOWELL 9 Talbert st. £e. To e the satisfaction ter named or of sanguinity, rovided Pe made within of a legal notice publis ©f Washington, D. C. ATIMER. Exccutrix, 12 vashingion. D C. MAKE THIS A REAL X} Give Her a Baby The Howard Model, Baldwin-Made, Baby Grand Piano, only € rms. $10 and : r AS. 11_studio size up- $15 down, S2 per . J. DE MOLL & CO., 12th and G Sts. _ TTRIPS, FULL AND PART LOADS: 2 a. New . Boston; 200- York Ave. : 5-LB._CAN. PURE. @c DELIV- ? CHA RENT, AR Oy S haucts, wedgines gmeetings, 10c up per day each: new cl valid rolling_chairs_for rent or AROriD ST ATES 'STORAGE CO.. 418 10th Metropolitan 1844 EASURY DEPARTMENT. Ofice nX.nlahe ‘Comptroller of the Currency. washington, D. C. September 23, 10! Notice is hereby giv ay have claims against ank,’ Washington, D. must be nrzsgn!e‘d llop;l(l,,o the legal fnallones (Slgned) F. G. AWALT, Acting_Comptrolier of the Currency. _ ANTED—LOAD OF HOUSEHOLD FURNI- N e ew York. Dec. 16: to_Boston. Dec. from_ New York. Dec. 19. ~SMITH'S ANSFER & STORAGE CO. 313 You st. - iDR. J. F. BRAUER, Yannounces his rer Capitol Street to 7 ents requirin Brethoc tment “will_ receive eficien: ethod. of trea ‘and skillful attention, For appointment, iphone North #55%. 15 TO THE SHAREHOLDERS' . Totice s hereby given that the annual dgmeeting_ of the shareholders of the Liberty ational Bank of Washinston, D. C.. will e held at the banking house. i5th and Eve Streets N.W.. on Tuesday, January 10th, 03, at 1% o'clock noon. 'for the purpose J! electing directors and the transaction of L S GhRE JITSIOT, A (1 e 5ime betoce st nw all persons who ‘The Departmental that the same B. Allman. Re- thereof, within may #he meeting. e polls will be open ‘Trom ' noon until o'clocl . s ek M. F. CALNAN. _Vice President-Cashier. GLOBE-WERNICKE COMPANY. NOTICI 'CREDITORS. O. A. Wilkerson and ere appointed ancillary lobe-Wernicke Company District of THE . On July 7. JFrank B Kunke eceivers of The G by the Supreme Court of the Eaid ey have since that ‘Gime. been $he” operation of the business of %Vrrn!cke Company. By_order of the said Supreme Court of the District of Columbia, all creditors hav- ing claims against The Giobe-Wernicke Com- pany are directod and required to file said Claims with O. A. Wilkerson and Frank H. Kunkel. receivers of The Globe-Wernicke Company, Norwood. Ohio, before February 11, 19 If_desired. the receivers will be glad to forvard. on request. forms of claims. fosether with directions for filing the same, O A_WILKERSON and FRANK H. KUNKEL. Ancillary Receivers of Globe-Wernicke Company. URLING & RUBLEE, by VI'NG’N.;N. BURL] jon Trust Building, hington. D. C.. L itors for Ancillary Recelvera, The Globe- and | Debt Texts New Notes Are Drafted by Great Britain and France. (Continued From First Page.) read solely as relating to their own position, which they 'have taken after mature consideration, vis. ‘That they are prepared to make payment on the 15th of December in the light of considerations set out in their note of the 11th of Decem- ber and they must reserve the right to recur to these considerations in the examination of the whole ques- tion to which the United States Government have agreed. They would again emphasize the impor- tance of entering upon that exami- nation withcut loss of time. ‘The French note: ‘The government of the French Republic takes note of the reply of the Secretary of State dated Sep- tember 8, 1932, by which the Gov. ernment of the United States admits the possibility of “examining all elements affecting the French re- quest for Tevision and for the taking of this request into consideration by the American Congress and the American people.” The French government, there- fore, asks the opening without delay of negotiations in the direction of revising a regime henceforth in- compatible with the legal and factual situation created by the moratorium established at the request of Presi- dent Hoover, as well as with the acts which have been the conse- quence of this, and &s a result of which the reparations payments have been suspended. The French government will pay on December 15, 1932, $19,261,432.50. It will ack that this payment be considered a part of the new accord to _be arrived at. It has the honor to inform the Government of the United States that so long as there is maintained the situation brought about by the moratorium, France, if a new gen- eral settlement of international debts is not made, will not be in a condi- tion either Teally or legally to sup- port henceforth the burden of a regime which in good faith can only be justified by the payment of repa- rations. JAPANESE REJECT FAR EAST BOARD Instructions Sent Geneva Delegation to Oppose British Proposal. By the Associated Press. TOKIO, December 13.—Disregarding friendly advice of its old ally, Great Britain, Japan instructed its delega- tion at Geneva today to reject the pro- posal that an international conciliation commission be created to attempt a settlement of the Sino-Japanese con- troversy over Manchuria. Financial British manner of approach in making this proposal to Japan (before the League had taken definite action) as a diplomatic reverse for Japan and there were sharp declines in the stock market. Resumption of diplomatic relations between China and Russia, announced yesterday at Geneva, also contributed to the market decline. It was learned Great Britain had acted alone in proposing that Japan ac- cept the commission conciliation scheme and that other powers were not as- sociated with its suggestion. Hope for Pact Wanes. Great Britain pointed out that if Japan refused conciliation efforts under paragraph 3 of article 15 of the League covenant, it probably would be un- avoidable that the League would pro- ceed with application of paragraph 4. (Paragraph 3 provides that the League Council endeavor to effect a settlement of disputes. Paragraph 4 provides that if this fails, the council by majority vote shall publish a report of the facts and recommendations “in regard thereto.”) Great Britain hoped such action would be unnecessary. Commenting _on resumption' of rela- tions between China and Russia, a gov- ernment spokesman said the possibility of completion of a Russo-Japanese non- aggression pact now was greatly dimin- ished. He challenged _the statement of Maxim Litvinoff, Russian foreign com- missar, that lack of diplomatic relations between “some nations” bordering on the Pacific were to blame for present troubles in Manchuria. “Angling for Recognition.” “Evidently meaning the United States and Russla could have checked Japan's course in the continent of Asia, M. Litvinoff, it appears, is angling for American recognition and simultaneous- !ly indirectly threatening Japan,” the spokesmafi said. “If this is Russia’s frame of mind, thinking of possible alignments of power against Japan, what is the use of a non-aggression pact?” Meanwhile Japanese officials_consid- ered the information that Gen. Su Ping-Wen, defeated Chinese Manchur- ian leader, was being detained at Tomsk, Siberia, was an indirect com- pliance by Russia with Japanese de- mands. The information from Moscow was that he was detained about 2,000 miles west of the point where he fled across the Manchurian border because of lack of tunds to continue a journey to Europe. The general was reported plan- ning to present his case against Japan to the League and Japan demanded his extradition. This was refused by the Russian government. CONGRATULATES LITVINOFF. Japanese Pays Respects to Soviet for Diplomatic Move. GENEVA, December 13 (#).—Yosuke Matsuoka, special Japanese counsel at the League Assembly to consider the Sino-Japanese controversy in Man- churia, congratulated Maxim Litvinofl, Russian foreign commissar, today on the resumption of diplomatic relations between the Soviet Union and China. Adopts Five-Day Week. SAN FRANCISCO, December 13 (#)—Definite adoption of the five-day week for employes, effective December 15, was announced here today by G. Legh-Jones, president of the Shell Oil Co. The announcement said ‘the five. day week had been since December 1 —e - Backs Through Door. ALVA, Okla, December 13 (A)—If your spectacles become clouded with moisture when you enter a warm room on a cold day, try backing in through the door. The editor of the Alva Re- view-Courier sought sclentific advice in this matter and obtained the forego- ing suggestion. He says it works. Pty An escort chasing a soldier who broke away and jumped five platforms at Waterloo Station, London, recently, was thrown over 20 feet when he came in eontact with an el quarters considered the| on a “trial basis”| THE EVENING STAR, WASHINGTON, ] 1 NEW BRITISH NOTE Allows Acceptance of Pay- ment Without Strings, Officials Believe. (Continued From First Page.) session a little after 3 o'clock with M. Marin, a former cabinet minister, opening the debate on the debts. He began with a denunciation of the Hoover moratorium. Once again the Chamber was jammed | with members and visitors. In the diplomatic gallery, where every seat was occupied, sat Robert Scotten, repre- senting the American embassy. Herriot Speech Criticized. M. Marin criticized the speech Premier Herriot made in the Chamber yesterday in the course of which the premier appealed to the Chamber not to dishonor the signature of France. Nobody wants to strike a blow at the sanctity of the Nation's given word, said M. Marin. “What has broken the contract?” he demanded, “it was the initiative of President Hoover when he launched his ‘moratorium!” There_was & voice from the benches on the left: “We never should have voted in favor of that moratorium!” M. Marin went ahe: “Where,” he cried, “can you find a man of common sense who will not admit that our interests have been harmed by the Hoover initiative? “France wants to respect her con- tracts, but everybody must take the consequences of his acts.” Situation Declared Worse. Mr. Hoover, he said, declared the moratorium would improve the situa- tion in Germany, but that situation has only grown worse, “and all Europe has felt the bad effects. The British pound sterling, solid for a century, has fallen.” “The entire American press,” he de- clared, “forecast the moratorium. Why? American credits invested in Europe had reached 450,000,000.000 francs. He read what he said was a report of the Finance Committee of the United States Senate asserting that as a re- sult of certain operations by American bankers, the committee and the Presi- dent had warned the bankers that in Germany the payment of reparations bad priority. There was more applause when he exclaimed: “If we pay now why shouldn't we pay on June 15 and for that matter for the next €0 years? “We are not bound to pay_ because of the Hoover moratorium. We don’t want to be dupes!” Holds Position Strengthened. He argued that the report of the Young plan experts who met at Basel strengthened the French position. “If we pay,” he said, “we no longer can use the arms provided by Basel. We always have proclaimed that debts and reparations are linked.” He declared that Leon Blum, the Socialist leader, had told the chamber that if Germany did not pay France, France would not pay the United States, and he recalled that the Social- ists in their campaign platform de- manded total cancellation of the war debts. . “This payment cannot be made!" he shouted, “the people of France believe that the financial burden of the war | should be divided among all peoples. | The French people cannot understand why France alone should support the burden.” M. Matin declared that the French people cannot permit France to be invaded and ruined by American pro- ducts as_compensation for concessions by America. yHe is convinced, he said, that reserva- practical result, ‘“because Franklin Roosevelt has said therz could be no relation between debts and relations and that readjustment of the debts depended upon the capacity of the paying countries.” He charged that France already has been duped many times after making concessions at various international conferences. “And now,” he said, “we see a mili- tary government in Germany. That is all we have obtained.” Positions Held Different. The speaker said he appreciated Premier Herriot's policy to stay united with England. but said he thought England’s position with respect to the United States is not the same as that of France. “England.” he said, “has a special | policy toward the United States, and has a means of pressure which we have not.” In this connection it was made known | while M. Marin was speaking that when Premier Herriot was before the Foreign Affairs and Finance Committees he was asked whether he was convinced that Great Britain would refrain from pay- ing the next debt installment to America in June. He replied that such was his belief. M. Marin discounted the likelihood that the United States, in the event, of ron-payment would exercise pressure such as the seizure of private property. “As for tariff,” he said, “there already is a tariff war. “The state of our treasury does not permit the francs, and we cannot make any con- cession, in the domain of agriculture y ain. o ere k;::;gg’mme solution: A frank and firm refusal without any kind of reservation.” There his speech ended, and the chamber adjourned to permit discussion in committee. Council of Ministers Acts. The French Council of Ministers, with President Lebrun presiding, after being officially informed that Great Britain had decided to send another communi- cation maintaining its reservations, agreed upon the draft of a note to Washington. g Premlge‘r Herriot told the Associated Press the new British note, which al- ready has been forwarded to Washing- ton, stipulates that the British reserva- tions are to be regarded as unilateral. Events moved in Paris with calm, but with amazing rapidity, which indicates, first, that the government wishes to liquidate the debt problem today in the Chamber of Deputies, and second. tha it is realized a serious internal crisis is at hand, because there were indications that hostility to Mr. Herriot’s decision to pay was growing in Parliament. The Council of Ministers originally was scheduled to meet at 11 a.m., but the premier himself explained why the meeting was suddenly and hurriedly convoked for 9 a.m. Gets Call From Britain. “I received a telephone call during the night from the British embassy,” he said, “informing me that another note had been sent by Great Britain to ica. A Tyrrell, the British Ambassa- dor, said I would be given a copy at 8 o'clock. It was evident that the British government had reached a decision earlier than e 5 “When I read this note I saw th English had maintained all thelr reser- vations, though they be deemed unilateral in nature. That is why mediately summoned the cabinet, which unanimously agreed on the draft text of a projected reply to America, which will be submitted to Parliament for ap- roval.” % Like England, the French government agrees that the reservations possess un- lilateral cuaracter—namely, that they gem&exmflmuflyunm ie_note. ‘The cabinet agreed unanimously upon tions on the debts would Fave little; payment of 500,000,000 ! € | siderable interest was FIVE ARE ARRESTED) 130 Gallons of Alleged Liquor and Three Automobiles Seized. Five men were arrested and 130 gal- lons of alleged liquor and three auto- mobiles seized by the headquarters liquor squad in three cases yesterday. The men were released under an ag- gregate bond of $5000 for their ap- pearance in Police Court today. Sixty-five Gallons Seized. In a seizure in the first block of Sea- ton place James T. Cole, 25, of the 500 block of Fourth street northeast was charged with transportation and illegal possession of 65 gallons of liquor. An alleged companion—Raymond F. Hart, 24, of the 1000 block of Rhode Island avenue—was charged with illegal pos- session of the 65 gallons in the auto- moblle and an additional 25 gallons found in a nearby house, where, police say, the alcohol in the car was being delivered. Hart also was charged with aiding and abetting in the transporta- tion. Cole was released under $1,500 bond and Hart $1,000 bond on the charges. Irving Selis, 32, of the 2100 block of First street, was arrested and his auto- mobile seized with eight 5-gallon cans of alleged alcohol at Ninth street and New York avenue. He was released un- der $1,000 bond on charges of trans- portation and possession. Two Held in Seizure. ‘Two men were arrested in a seizure in the 1600 block of Florida avenue. John F. Mitchell, 24, of the 900 block of Sixth street, was charged with illegal posses- sion and transportation, and the addi- tional charges of speeding and failing to stop at a stop sign were placed against him. Francis E. Henry, 23, colored, of the 1000 block of Minnesota avenue southeast, arrested at the same time, was charged with possession and transportation. Police ~ obtained 20 quarts of alleged alcohol, they said. Both men were released under $1,000 bond each on the liquor charges, while Mitchell also was required to put up collateral on the traffic charges, PARDONS CAN BE FRAMED California Governor Orders Special Forms for Rum Violators. SACRAMENTO, Calif,, December 13 (#)—Gov. James Rolph, jr., said today he is having special pardon forms printed for the approximately 150 per- © sons he intends to pardon from city and county jails when the State prohibition enforcement act repeal goes into effect, probably next week. “They will be suitable for framing" the Governor said, “and in a few years they will be curiosities.” the necessity for making the policy of ! France parallel and identical with that :of England. Speaking for the press, M. Herriot in- sisted particularly on unanimity and “the touching cordiality which I have found among my colleagues of the go ernment in these grave national hours. The American embassy has received a large number of letters opposing the debt payments, some signed, some an- onymous, usually inclosing clippings from speeches. It appeared that several busses packed with young Royalists arrived at the embassy last night, explaining that they had received a telephone call from | the secretary of the embassy that the embassy wanted them for purposes of protection of the embassy. No such call was issued by the embassy. Finally the Royalists departed. The embassy was kept open later than usual. as it had been notified that a delegation of the French National Association of War Veterans, whose members are holders of the War Cross and the Legion of Honor, wished to de- liver a petition. The delegation failed to arrive, but placed a floral piece at the base of the war monument in the Place des Etats Unis. which today was viewed by a steady file of passersby. A ribbon attached to the wreath read: “To our American comrades— you did not wish that.” | _This monument shows American and French soldiers clasping hands, and bears Alan Seeger's tribute: “Hail Brothers and Farewell!” ‘The veterans’ petition was found in the embassy letterbox today. It is mod- erate in tone, dwells upon the moral and legal aspects of the debt question, and requests the Ambassador to inter- vene with the American Government to secure an effective study of the entire debts question. BRITISH POLICY UNCHANGED. New Note Renews Appeal for Early Re- view of Debts Question. LONDON, December 13 (£).—A la- conic British note dispatched to Wash- ington today promising to pay the debt instalment due on Thursday signifies that there has been no change in the basic British policy of cancellation of the war debts, with payments to be made under protest or with reservations until that goal or at least a drastic re- vision of the debts has been realized. The new note merely affirms in words less liable to be misunderstood what was set forth in the British note of last Sunday, and completes the exchange of legalistic views. What the note lacks, in the eyes of government critics, is any notification to the United States that the $95.500,000 payment due this week will be the last Great Britain will make under the present funding scheme. Early Review Sought. ‘The government meets this criticism somewhat with a renewed appeal to the United States for an early review of the whole problem. 2 The latest note was made available after a cabinet sesslon at No. 10 Downing = street this morning, ~over which Prime Minister MacDonald pre- sided. He reported, also, that the Disarma- ment Conference has been given a new lease of life by the five-power nego- tiations at Geneva, which are expected to result in the return of Germany to the general parleys. Mr. MacDonald has been suffering from a cold, but the negotiations at Geneva seemed to have served as a ¢ | tonic to his health. N Advised to Stay Home. In the House of Commons this aft- ernoon, however, it was announced Mr. MacDonald was not so well and was remaining indoors at home on the ad- vice of his doctor. His illness is not at all serious, how- ever, and it was expected that he would be able to participate in the war debt debate in the House of Commons to- morrow. All newspapers contiyjed to spread the debt question on font pages, up- holding the British st/ndpoint, but at the same time the difficult position of the present United States administration. Hopes were that the whole matter will, be a 5 by interested parti -3 _view bseqn Te- Vision - ot“the debts ‘2m"e‘men3“ 'Oon- displaygd in a debate scheduled for Wednesday'in the House of Commons, in which many membets were expected to “let off steam.” Cabinet members expressed the wish that it be conducted with moderation and an absence of, state- ments which might create ill-feeling in the. United States. Neville Chamberlain, chancellor of the exchequer, made it plain in an ad- dress in Parliament yesterday that the inion in that body would not alter e decision of the government on the debt question, D. C., TUESDAY, EUROPE GOT $10,338.058.351 BEFORE AND AFTER ARMISTICE 1S SATISFAGTORY|ON LIQUOR CHARGES| oreizn Nations Fia ve Repaid $2,627.580.-| 897 to America—Principal Has Been [Lindhergh Reduced by Only $443,310,743. DEC By the Associated I'Wess. How were the war debts, out of which have been spun reams of inter- national pullicity and diplomatic cor- respondence, contracted and why? Inquiries from the “man in the street” show that in the decade since the United States loosed its purse to Europe, original facts have been buried. to the lay mind, under discussion of repayment. In all, the United States handed out in cash and supplies, before and after the armistice, $10,338,058,351. Most of this, ' $9,598,236,575, was raised by the Liberty Loan drives in this country and loaned to the allies for war supplies. ‘Their own cash was being spent at home for the same purposes. _Victory depended on more production and more cash., Only the United States could supply these, and it did. In 1918, the war over, the United States had surplus supplies in Europe. Congress authorized their sale. The debtor nations bought $598,869,010 worth, on credit. $100,000,000 Revolving Fund. Eighteen months later, many nations suffered from food shortages. Congress created a $100,000,000 revolving fund to furnish food, and soon after it authorized the United States Grain Corporation to sell 5,000,000 barrels of flour to the suffering countries. Euro- pean nations purchased $140,952,766 worth of relief supplies. ‘Thus the grand total was piled up above the 10 billion mark. Before the armistice Great Britain and Cuba repaid a total of $140,010,580. | With repayments made after the | armistice, six nations—Belgium, Cuba, France, Great Britain, Italy and Yugo- slavia—repaid $281,564,445, before the | debts were funded. Nothing was paid on account of the surplus war supplies and relief credits, The grand total was further reduced |G, $1,932,923 by a credit to Finland for a cargo sunk by a mine. Congress originally provided that the firsy Joans should bear interest not less than the highest paid on Liberty bonds and 312 per cent was fixed. But the Secretary of the Treasury decided that the billions borrowed from the American people were costing the Government 5 per cent. All borrowers | agreed to the increase and after May | 15, 1918, all loans bore that rate. Interest Scaled Down. Some of the allies were not able to pay back interest. When the funding agreements were made, back interest Cash ad; Armenia Cerominaey o Austria Belgium .. 1 Cuba 10,001 61,97 Czechoslovakia Estonia .. Finland France Great Britain. 0 0 1,648,02 Nicaragua Poland Rumania . Russia . Jugoslavia | | Cash loans. EMBER 13, 1932. was added to the total, making the funded - debt $11,522,354,000. The in- terest fate was scaled down in those agreengents to an average less than 3 per_cent. ‘This made the total interest to be re- ceived eventually $10,621,185,993, and :)}e]e gr;’nd total olt all thei war debt to paid cver a lon riod of years $22.143,539,993. Ak 7 The 'idea held by some that the| United States has cancelled or remit- ted part of the war debts is not correct as to principal. But the cut in inter- est rates slashed approximately $11,- 000,000,000 off the grand total that would have been collectable if the orig- inal rates had remained. Down to date, including the early payments set forth above, the foreign nations have repaid a total of $2,627,- 580,897. This has reduced the principal of the debts $443310,743. Ap!oulp:( $1,230,926,551 has gone to pay interest. The table that follows shows what was actually lent before the armistice ??dizkllg totals repaid before November Country. Belgium Fre-armistice Cash loans. Tepaymenst. $171,780,000 one 10,000,000 $10,000,000 . 1.970,000,000 None in 3,696,600,000 130,010,580 « 1,031,000,000 None 187,729,750 None 10,605,000 None +++.$7,077,114,750 $140,010,580 Post-Armistice Loans. ‘The amount of cash loans after the armistice and total repayments of prin- cipal, including those given above, he- fore funding of the total loans were Repayments. $2,057,630 10,000,000 None 64.302,901 202,181,641 None 364,319 None Jugoslavia .. Totals $177,434,467 61,974,041 .. 1,970,000,000 in 581,000,000 15,000,000 617,034,050 26,000,000 25,000,000 None 16,175,465 720,600 Totals ....$2,521,121,825 $281,564,445 The last loan was made to Czecho- slovakia on May 29, 1922, and amounted to $717,834, while the last big one was to France, on September 28, 1921, to- taling $10.000,000. The total cash advanced before and ‘aner the armistice, the amount of sur- ! plus war materials sold and the reliet upplies sold is set forth by nations in | the following table: anced. Burplus war supplies. Czechos'vakia Prance Great Brita Jugoslavia o Relief supplies. $11.959,917 . 24,055,708 $29,872,732 g 20.604,302 12,213,377 4467 0,000 4,041 9,301,327 1,785,767 ioiiinich R 0.000 i 0,000 4,050 1,685,853 610,417 06,082 24,978,020 $598,869,010 $140,952,320 U.S-REICH TRADE REVIVAL FORECAST Assets for Future Prosperity Are Enumerated by Attache at Berlin. A revival.of the United States-Ger- man raw material and finished goods trade is expected as soon as the ex- change restrictions are cleared up in Germany, the Commerce Department was advised today in a report from As- sistant Commercial Attache Douglas Miller at Berlin. ‘While he has held his Berlin post for years, Mr. Miller is well known in this country’s export trade circles, having lectured in various sections during his annual leaves of duty abroad. He is considered an authority on Germany’s import demands. Mr. Miller informed the department that while exports to Germany have been considerably reduced because of | the present considerably curtailed pur- chasing power of the people, that coun- try offers an attractive market “for a very large variety of American goods, and the market seems likely to grow in the future.” “Germany’s assets for future prosper- ity.” Mr. Miller observes, “are her trained and industrious population, her central geographical location and the best industrial equipment outside of the United States. “Industry is extraordinarily diverse, almost every article to commerce is | manufactured or traded in Germany, and this inevitably means important trade relations with the United States.” Buying Power Drops. Decreased purchasing power, in Mr. Miller's opinion, is the chief obstacle temporarily hindering sale of Amer- ican goods in Germany. In 1927 the United States shipped $429,000,000 worth of goods to Germany, the high- | est figure on record, but in 1931, sales declined to $166,000,000, while for the first half of 1932 sales totaled $63,000,000. Although Mr. Miller does not refer to reparation settlements, which in the main are considered the factor behind depressed purchasing power, he pointed out the German people are industrious even in time of economic distress, and “the working classes seem determined to maintain their high living standards.” He declared this was shown by the fact that the German public today pre- fers to draw upon its savings and use every method of obtaining credit than return to conditions considered normal for the working classes 100 years ago. “The German buying power will defi- nitely improve as world business ad- justs itself to the new level of low prices and Germany frees itself of po- litical -amcertainty,” the Government Tepresentative said. Tariffs Held Reasonable. He added that tariffs, although high on some items, are not considered un- reasonable, and the import quota,ef- fects only & few items, of which motion pictufe films and nitrogen products are le the financiel difficulties “brought practically all the banks under government supervision,” the trade official said, “capital in nor- mal times is sufficient to finance im- ports and as a matter of fact large quantities of American capital now tied in Germany under the provision of the standstill agreement may later be mobilized for the financing of American exports of raw materials.” King Has Prize Cattle. YNORWICH, England, December 13 (#)—King George took two firsts and a second prize with 3- -old Red Polled heifers at the annual Pre- Christmas Fat Cattle Show here, EX-ENVOY FAVORS | | | | | Dr. Schurman, Who Headed First Commission, Doubts Japanese Danger. | “Complete independence” was advo- cated for the Philippine Islands last night by Dr. Jacob Gould Schurman, | president of the first Philippine Com- mission and former United States Min- };slter to China and Ambassador to Ger- any. Dr.’ Schurman. speaki = | dience “at " Catholic” Omiversicy, " which | Included a number of diplomats, ex- | pressed the opinion that the Hawes- Cutting bill, now pending in the Senate, | and other proposed measures for Philip- | 5 | pine independence delay too long the | relinquishment of American sovereignty | over the archipelago across the Pacific. Holds Mission Ended. Declaring America’s mission in the | Philippines is finished and the time | has come to grant the Filipinos their | freedom, Dr. Schurman said: “Once having made up our minds to grant in- | place the better for them and for us.” _Scouting the theory that the Philip- | pines present a prey for Japan in the | event of the withdrawal of the United States’ rule, Dr. Schurman declared he was of the opinion that inner Mon- golia, China, south of the Great Wall, and Eastern’Siberia “present to Japan- ese militarists and expansionists far greater attractions than the Philip- pines.” In 1899, when he was head of Presi- dent McKinley's Philippine Commis- sion, Dr. Schurman said he believed the Japanese expansionists had “their eyes turned southwards.” Denies Hurley Claim. “But in 1921 to 1925, when I had the honor of representing the United States as Minister to China, I observed that the goal of Japanese expansion had shifted to the west,” he said. Dr. Schurman took issue with ‘Secre- tary of War Hurley's contention, in testimony given before the House Com- mittee on Insular Affairs, last Winter, that Philippine independence should be withheld until the Filipinos have achieved not only stable government, but also economic independence and more perfect social standards. —_— WINTER HOME for Senator, . Representative Or Other Resident Family away for the Winter, will rent delightfully furnished home on Massachusetts avenue west of Scott Circle at reasonable price. 1st floor—Drawing room, library and dining room. 2nd floor—Library and sitting room, 2 bed rooms, dressing room bed rooms, dressing Toom, 2 baths and 2 servants' rooms. 4th floor—-2 servants’ bath and store room. Basement — Kitchen, servants’ dining room, sitting room and laundry. rooms, If interested, address, confiden- tially, Box 169 B, Star Office 00D RACE STARTED | dependence to them, the sooner it takes | - FOR SEA AR LANES Staff Far Behind Foreign Builders, but Plans Surprise. By the Associated Press. NEW YORK, December 13.—The make-haste-slowly pelicy of Col. Charles f A. Lindbergh and his associates has re- sulted in an international hare-and- tortolse race for supremacy on the ocean air lines, in which America is playing | the part of the tortoise. During the last year Col. Lindbergh | and his assistant have constructed two, glant planes for regular commercial | schedules between the hemispheres—on | paper. | During the same ye Germany, France, England and Japan have been constructing other giant ocean planes, not on paper, but of wood and alumi- num and fabric, planes which will| probably be flying over the waves before the American ships have achieved more than the one dimension of the draughts- man’s board. Americans Not Worrying. Before Spring it is expected that the new planes of the Frencn o the Gere | b mans, and possibly of both, will be fiy-| ing schedules across the At- lantic. By that time the planes de- signed by Col. Lindbergh and his essist- ants will just about be ready to start construction, which will take approxi- | m%ly ’:‘:3 b};enrs. | e rgh staff is not worrying. | The Atlantic the Germans and® (e French will be fying will be the South | Atlantic, and the crown of the air will g0 to that country which first estab- | lishes a regular line across the North antic. The European nations plunged into construction first, but by that very im- petuosity they limited themselves to bullding planes much the same as are in = ie— contrast, the Lindbergh staff, the technicians of Pan-American Airways, of which he is technical adviser, sat | back and figured out something new ! in planes. Designers Confident. When those Lindbergh planes at last | g0 into the air, their designers are con- vinced they will be far better planes than: have e:er{been built. present four ocean-going flying boats are nearing completion in France, two in Germany, one in England and one in_Japan. They are the hares of the world race, but the American tor- ::‘f:h glflslde:imb); C& Charles A, Lind- . is still to be acc S ounted for at OIL OPERATOR DIES John B. Smithman Was Pioneer in Industry. OIL _CITY. Pa. December 13 (). — John B. Smithman, 88, founder of Oil City's street railway system and a pioneer oil and gas operator, died yes- terday. | In 1867 Smithman began the first ofl | drilling operations in the Oil City field. | On a site that is now part of the busi- ness district he drilled holes large enough :o that fresh water could be excluded with casing. Later he secured a charter for the Oil City Oil Exchange. He invented the flexible coupling for gas pipes. BURGLARY INSURANCE and insurance against theft and pilferage may be had through our insurance depart. ment. BURGLARY PROTECTION We make and install cover. ings for windows and doors to be used when houses are closed, and also devices for protecting French doors and windows. COMPLETE SECURITY for valuables by sending then: to our depository., A trunk of valuables, §1 per month if valued at $500 or less. 60c per month if valued at $50. Locked vaults capable of holding 6 trunks and upward at $2.50, §3, $4 and $5 per month. Beruritp Starage 1140 FIFTEENTH ST A SAFE DEPOSITORY FOR 42 YEARS C. A. ASPINWALL, President New Sets for Your Christmas 65C Check your sets and get new bulbs NOW 1! With Electric Candles, - 906 < MUDDIMAN § as,well 911 G 3:;‘5’::'1‘(:;:0-2622 I.: cold cuts 3 GULDENS ‘Mustarl:l ‘ Wreaths FOLLOW THE TREND TO AMERICAN SHIPS To Ireland, England, France and Germany For Christmas in Evrope Apply to yoar local agent. He knows travel valoes, or to Compeny's ofice. Gala New Year’s Eve ot Sea FILIPINO FREFDM LEVIATHAN-© MANHATTAN us/ ROOSEVELT STEAMSHIP CO., lac., Gen. Agents 743 14th St. NW. Tel. National 1648 Du Pont ¥ | 830 13th St. N.W. i through every scrubbing test with flying colors— it is truly a WASH- ABLE Window Shade fabric, the choice of architects and home build- ers who won't be satisfied with anything short of the best. Factory Prices—Ask for Estimates TONTINE comes District 3324-3325 STOKES SAMMONS LOOK —for the Schwartz Gold Clock THINK of what 44 of satisfactory service means to you BUY where you know your dollar gets 1009 value GIFTS DIAMONDS—WATCHES SILVERWARE—RADIOS NOVELTIES—CLOCKS E ] years your protection PAY NEXT YEAR HOME OF PERFECT DIAMCNDS 708 Seventh St. N.