Evening Star Newspaper, December 15, 1932, Page 6

HOME LOAN BANKS DEFENDED BY FORT Board Chairman Sees End | of Repeal Move—Direct [ Credit Reports Lacking. Although the 12 regional banks have been operating for 60 days, Chairman Franklin W. Fort of the Federal Home Loan Bank Board zald yesterday he had not received a report from any of the Institutions announcing direct loans tc small home owners in distress. At the same time, commenting on the bill recently introduced by Senator | Borah, Republican, Idaho, seeking re- peal of the bank act, because he said it was of no direct benefit to the small heme owner in distress, Chairman Fort asserted that after the board had been in operation for another two months no person would want the act repealed. J. F. Lucey of Dallas, Tex. presi- dent of the Little Rock Regional Bank, who conferred with Mr. Fort yesterday, told newspaper men that while his in- stitution had on hand approximately 2,000 direct loan applications, none so far had been approved. Mr. Lucey explained that an effort was being made to get loans for this class of applications through home | finaneing institutions in the district | which haveg become members of the | new home rerve system. The board chalrman announced that | he had called on the Trcasury for $5.- | 000.000 of the $125,000,000 made avail- | able for capitalization by the Home Loan Bank act and that the funds had | been distributed among_institutions lo- | cated at Cambridge, Mass.; Newark, Pittsburgh, Winston-Salem, Cincinnati, Indianapolis, Evanston, Des Moines and Little Rock. Applications for credit since Decem- ber 1 have been received from 113 home financing institutions, Mr. Fort sald, seeking loans amounting to $20,000,000. So far, he declared, the board has ap- proved loans amounting to between $8,- 000.000 and $9,000,000. Declaring that the board had been working harmoniously in settling mat- ters of policy incident to the function- ing of the system, the chairman empha- sized that new trails were being blazed requiring some cebate, but that action | of four-member board had been unani- | mous. | Prior to commenting on the Borah bill. Mr. Fort said that home financing | institutions are co-operating now that money has begun to flow through the arteries of the system in efforts to set up clearing houses so that applications | for direct loans can be directed to an institution ready to make the loan. | He asserted that when voluntary clearing houses are in full operation the caring for pressing cases will be greatly facilitated. Thirty thousand passengers were | carried on the London-Paris air lines in May, June, July and August, accord- ing to figures just released, this being an increase of 14,000 over the same period of 1931. | including * Forty-eight Stars” and “Fac- | Cachet Desig COMMEMORATES VICTORY OVER WASHINGTON schoolgirl s responsible for a special cachet which will be applied to_covers mailed in Washington - ber 23 in commemoration of the naval victory of the U. 8. S. Enterprise over the Tripolitan man-of-war Mastico off Tripoli on that date in 1803. She is Helen May, 14 years of age, & daugh- ter of m.t g-lur ‘Av. m%m,flmedlt::ll director of George n , and Mrs. lllzl; )dny Honr;mml;&mi ane esigner. jves A m&‘u%enm street, and attends Central High School, where she is sec- retary of the Philatelic Club. Miss Bloedorn _explains that the cachet which she has designed is based upon an old engraving of th2 Dbattle. The Mastico was a ketch, with four] guns, and her capture made poscible| the exploit which Admiral Nelson, the| hero of Trafalgar, described as “the| most bold and daring act of the age"— | the destzuction of the frigate Phila- delphia_in Tripoli Harbor February 16, 1804. The story is told in every stand- ard life of Stephen Decatur. Indeed, it represents the beginning of his rise to fame. Renamed the Intrepid, the Mastico was inducted into the Navy of the United States and remained & part of the Navy establishment for many years. The cachet is full-size and will be imprinted in red ink on all self-ad- dressed covers forwarded for that pur- pose before December 21. A specialist in American issues, Miss Bloedorn has been collecting _stamps and covers for several years. Philately is her special hobby, but she has other interests as well. She is & pianist and | violinist. and plays in the crchestra of | the Institu> of Musical Art. She has| composed & number of original works, | ing New Worlds.” She is an_ex-presi- dent of the Army and Navy Society of the Children of the American Revolu-| tion. Born in Washington, she is a&| godchild of Mrs. William S. Benson and | of Julius Garfinckel. An_American business men_ recently established & five-hour record hop from Hong Kong to Shanghal, China. KEEP WARM Economically COAL RANGES Cooking, Baking & Heating COAL HEATERS All Kinds, All Sizes OIL HEATING Gravity Circulation Roofing, Furnace Installations Repairs and Cleaning We carry the only complete line of all kinds of Stoves, Ranges and Heate: Washington. W.S. Jenks and Son 723 7th N.W. Nat. 2092 Washington’s Oldest Stove and Hardware Store ned by Girl TRIPOLITAN MAN-OF-WAR IN 1803, HELEN MAY BLOEDORN. —Star Staff Photo. N Injuries Prove Fatal. Jerome Diggs, 74 block of V street southeast, Casualty Hospital toda: injs received in an automobile accident near T B, Md., December 6. Nelther State nor county police had a report of the accident. Hospital records showed Diggs was brought to Casualty by Benjamin Cady, 1200 block of V & southeast. Cedar RO.T.CARHTLAD TO & W. RADGALS Students Asking Added Unit Claim Support Has Been Doubled.’ Efforts of “radical” students at University to de- gtw encouraged or aity one having to do with the Govern: ment or any other sity authorities T. C. Committee tition in & three days - move explained ‘today. a The caption -Btudent Comunii R.O.T. C! students. “It must be noted.” the R. O. asserts, George Washington feat sentiment for establishment at that | the institution of another Reserve Officers’ Tral Corps unit has resulted merely in doubling the number of signers to & petition seeking the military unit. ‘This was revealed in a statement is- sued today by the Acting Committee for the R. O. T. C. over the signature of four students. ‘The committee, Rob- ert Cohen, John Chadwick, Robert Vogt and Harold Siegel, reviewed its own ef- forts to secure enough student support to warrant an application to the War Department for the R. O. T. C. unit, and pointed out that while it operated op! affixed “Student Committee” which lsunched & counter movement neither signed its literature nor published the names of the persons directing the attack. Sponsored by Students. In reviewing their efforts to secure an R. O. T. C. unit, Cohen, Vogt, Ch: wick and Siegel explained today that at the beginning of the current school year they considered the ibility of the formation of a new military unit at the university. The movement, they point- Chests in wonderful variety ‘14 to *55 ‘The statement charges that “any one Ilmeusctunly superior to & moron will not give a second thought to such an argument as was presented in the pa- per,” and concludes: “Let us add that we are not in the leas: discouraged by the appearance of the paper. Signers of the petition for the R. O. T. C. have nearly doubled since its ;xpnnnee ‘We now have st , and if we e mgn'“'a‘“ War Departmen we get our oo g Play Features Meeting. COLLEGE PARK Md., December 15 (Special) —“The Christmas Ghost” featured the meeting of the Progress Club yesterdsy. In the cast were Mrs. M. W. Parker, Mrs. Wells Hunt, Miss Florence Harrison, Mrs. Joseph ridge, Mrs. Sellman and Miss Helen | H Symons. -|Bound Over to Grand Jury by NATIONAL PARK NIGHT HELD BY WALTONIANS Value of Sanctuaries Stressed in | Address by Dr. Bryant Who Shows Motion Pictures. The value of America’s national parks as sanctuaries for birds, game FIVE YOUTHS HELD ON HOLD-UP CHARGES Judge Given—Accused of Rob- bing Two Men. Five colored youths, who were charged with waylaying and robbing two men of $17 in cash and jewelry, were bound | and all forms of wild life was stressed over to the grand following ar- |last night by Dr. Harold Bryant of Park BService lbefmgo“lz!mdum the National e X Y7 . Bryan species December 8. are protected and preserved in the e youths, with the exception of Veney, country's parks, and that the service were charged with holding up Richard [ has an educational value, as sclentists Wheeler, 100 block H street southwest. | always are present ready to act as ‘They are sald to have taken $14 worth | guides for those who wish to nudiy of jewelry from him. Don Ward, 21, | the types found in the sanctuary areas. the fifth member of the group, was in- | Following the movies members and cluded in the latter charge. ited the aquarfum of the! Judge Given fixed bond for Mat- | Bureau of Fisheries. thews, Branner and Olden at $10,000, while Ward and Veney were held un- dexr $5,000 bail. PASS BARBER SHOP BILL Add Beauty to Your Furniture Glass enrich - ubed Turbivure. snd pioicet s sheen and brilliance of finish from all injury. @ Furniture tops protected with fine plate glass will give results of enduring beauty and utility , . . which you will re- gard with endless pleasure and Benate hat e action of the THe e at the time e 'nate af same to the House amendment to the h-lfir:;! tending congressional automobile tags to several additional officials of the satiefaction. ® Regardless of size or shape, get in touch with us for your glass neecs. louse and Senate. This ready for signature. bill also is KASSAN-STEIN IN TIME FOR WILL DESIGN . . . HAND-TAILOR AND DELIVER TUXEDO OR FULL DRESS YOUR SUIT COMING HOLIDAYS CUSTOM-TAILORED TUXEDOS (including vest) Selling at the lowest price we have ever been able to make them 35 CHRISTMAS EXCURSION g AN X S H Tickets sold daily Dee. 14t wood to u.:v'f- e to 25tN nation Miami, Fla. .. Tampa, Fla, ..... St. Petersburg, Fla. . Charleston, S. C... Wilmington, N. C. PIFar furiner: detaits, reiervations, tickets, ete., consult Ticket Agent, Union Station 1418 H St. N.W. ,Washington, D. C. 835 Phone NA: 783! ATLANTIC COAST LINE CHRISTMAS GIFTS of Fine Furniture . . . Tables, Buffets, Bureaus, Dressers, etc., will be doubly appr d with tops of gleaming Plate Glass NEW LOW PRICES—ESTIMATES ON REQUEST HUGH REILLY CO. PAINTS—GLASS 1334 New York Ave.—Phone NAt. 1703 iated, if furnis MEN... Let us help YOU with your You will find it a delightfully simple task to select o cedar chest from the vast Mayer & Co, displays. The all cedar 'styles start at $14. Then there are many, ever 3o many, of the walnut and mahogany styles with cedar lining at temptingly low prices. MAYER & CO. Between D and B ALL SILK LINED and silk trimmed Tell the “missus” if she wants to give you a “real” Christmas gift . . . you can surely make good use of one of these hand- tailored Tuxedos which can be purchaeed this year at the low- HRER An Answer to the Question WHAT TO GIVE? Cenuine Top-Grain Walrus GLADSTONE BAG What a marvelous gift for a man! Full cut 24-inch genuine top-grain walrus Gladstone bag with real leather lining and inside partition shirt fold. Top-Grain Initialed without charge. Black or brown. Seventh Street Cowhide " FITTED TRAY CASE A gift she'll cherish for years to come. Genuine top-grain cowhide leather case equipped with removable tray contain- ing ten useful Prystal fittings. Black or brown case with green, blue or brown fittings. 22-inch size. out charge. Initialed with- An Extraordinary Offer! BENGAL-ORIENTAL RUGS---9x12 feet *95 - ( formerly selling up to $185) These are the finest of the American made Oriental type rugs we show. Heavy, luxurious quality, with long wear and Oriental loveliness. Gorgeous eastern patterns— 16th Century Ispahan, Persian Garden, Mosque Prayer, Palace Garden, Royal Sarouk, Kirman, Tabriz Antique reproductions and others. This is a remarkable oppor- tunity to secure a good® rug of unusual distinction at a low popular price. Quantities limited. Come early! Seventh Street @ MAYERR & CO. 500 Dolls Many are “Madame Hendricks” character dolls, which have sold 4 | regularly at $3.00. The animals include ele- phants, cats and dogs and are strongly constructed. NEW ELECTRIC ANGEL-CHIMES Special 31 2 | Sale......... By mail 10c extra. |l Has 6 angels and 3 bells. Re- volves at top of tree, with musical chimes of 3-toned bells. Guaran- teed safe. GARRISON'S The House of Novelties Open Evenings Till 10 P.M. 1215 E St. N.W. Extra Spels ' From Garrison’s—The House of Novelties est price we can remember. KASSAN-STEIN = Custom Tailors 510 ELEVENTH STREET N.W. ( ) Does she dislike honsework ?* ( ) Is she modern and efficient?* ()Is work?* she economizing by doing her own Does she find her cleaning duties very tiring?* ) For Your Tree Tree Lights ... 5 Outside Lights. FREE ! With _every set of i Il give ‘Flashett makes the "lights blink o hold aids?* green felt. Fitty-four inches | protect floor and carpet 98¢ Tree Ornaments Complete Assortment 28c and 49¢ Dozen Genuine . CHILTON Fountain Pen Regularly $7.50 THE BEST While Stock Lasts .00 Does she appreciate the best of house *GIKE HER A HOOVER AND YOU GIVE HER Any husband will find that any ‘wife welcomes the le ink capacity, fully guar- h‘nbod d-..d,nd for p‘I; giv- » trade-in special, any old pen is worth $5.50 in trade. Fountain Pens Repaired New sack and pen thor- 25: oughly cleaned. Only.... Speécial Discounts on Other High-Grade Pens S. KANN SONS CO. gift of a Hoover. The only cleaner with the remarka- ble cleaning principle, Positive Agitation. Easier than ever tobuy. New low prices—reduced down paymeng. " LANSBURGH’S BARBER & ROSS VIRGINIA PUBLIC SERVICE CO. mmmmwnuw.ueum