Evening Star Newspaper, January 6, 1933, Page 13

DEMOCRATS AGREE ON BUDGET PLAN Leaders Fear Extra Session Must Be Called Despite Their Efforts. ) o (Continued From First Page) ®e put through promptly, it might be | made to apply to incomes derived in 1932 on which income taxes will be paid on and after March 15. If the new rates could be made to apply immedi- tely, he raid it would be possible to ce the budget more quickly. Senator Robinson of Arkansas, Demo- eratic leader of the Senate, also was in rence with Mr. Roosevelt today. ‘The financial crisis that confronts some of the railroads was brought into the Democratic conference end infor- mation that at least two class A roads, two of the biggest of the systems, were in desperate traits was laid before it. It was generally egreed that some amendment of the Reconstruction Pinance Corporation act was necessary &t the present session to permit the corporation to lend more money to the «railroads. Fear was expressed that if steps were not taken promptly these two roads and others might be forced into the hsnds of receivers and that savings banks and insurance companies holding railroad securities would find themselves in extremely bad positions. The tax plan was worked out at a three-hour ~conference between Mr. veli and the Senate and House ocratic leaders at Mr. Roosevelt's house here. Its details were revealed by the President-elect himself and by Bpeaker John N. Gerner, Vice-President -elect, and Senator Robinson of Ar- kansas, the party leader in the Senate, #t the conclusion of the conference. Mr. Roosevelt insisted that the plan WAS not his, but he added that he did ‘ot disapprove it. It is, indeed, a pla ch the Democratic ieaders in Con gress have labored over for days and ®hich was perfected at the conference here last night, with Mr. Roosevelt *sitting in" and giving his blessing at ghe end. + The sales tax, or general manufac- ‘Surers’ excise tax, was not men- fioned at the conference. Nearly Bwo . weeks ago Speaker Garner snd Chairman Collier of the House Ways and Means Committee gave the Smpression that the House Democrats were pre, now by the adoption of the sales tax, 8t that were necessary. Immediately there came from Albany, where Mr. Roosevelt was still domiciled, a cir- ‘eumstantial report that the President- elect was “horrified.” No wonder it Mas soon thereafter decided that the Democrats in Congress and their new chieftain must get together and discuss the detalls of iget-balancing legis- Not only did Mr. Roosevelt approve the plans for tax legislation, but he also the House farm relief bill, the “farm ity Dbill” as it 4s dubbed; a kind of domestic_allot- ment plan with tions. Mr. Roose- velt has indicated that if the great farm organizations of the country could agree on & plan for farm legislation, it be satisfactory to him. He laid the prineiple which in his opini ld ““principles, in the opinion of the President-elect and of the farm leaders, and indeed, of the Demooratic leaders in Congress. The bill may be a bitter pill to some of the Democrats, -but they are preparing to t. A ¢ . Roosevel his approval, 100, to the plan to n one of the aspropriation -bills broad powers to the Chief Executive to bring about econo- my in governmental -aaministration through the reorganization of the Gov- ernment, It has been heralded that the President-elect would welcome such powers and would tackle the task with vim and a determination to pare ex- penses in a way that Congress would never dare do, Prepared Right Now. The Democratic leaders have in effect told the country that they gre prepared to balance the budget right now. If President Hoover, who has demanded legislation to balance the budget and hes recommended -the manufacturer’s a8 8 means thereto, thinks fit to veto the beer bill, and thereby de- feat the Democratic plan for a balanced budget, that, in the opinion of the Democrats, is the Presidént's lookout. Bhould it be possible' to put through the m outlined at the conference + Iast night for a balanced budget and for farm rellef, Mr. Roosevelt and the Democratic leaders in Congress believe & special session of the new Congress after March 4 could be avoided ““We hope it can be done,” is the way they put it. As & matter of fact, none of the conferees who reached the agreement on the program last night down in their hearts believes that the program can go through before March 4. They fear and believe that President Hoover red to balance the budget | | Leaders Confer With President-Elect I MEMBERS OF CONGRESS AGREE ON PROGRAM TO BALANCE BUDGET. | Pat Harrison and Cordell Hull. THE EVENING Roosevelt last night in New York and agreed upon a program of legislation for balancing the budget at the present short sestion of Congress. They are, left to right: Senator Key Pittman, Representatives Henry T. Rainey, James | THIS group of Democratic leaders was among the House and Senate members who conferred with President-elect W. Collier and Speaker John N. Garner; Senator Joseph T. Robinson, Representative Joseph Byrns and Senators STAR, WASHINGTON —Wide World Photo. INCOME PROPOSALS EOUAL WAR LEVELS {Lowered Exemptions Would Include $1,000 and $2,000 at 6 Per Cent. By the Associated Press. The new income tax rates decided on by President-elect Roocsevelt and Democratic congressional leaders | their conference last night equal the war-time levies, highest ever imposed by the United States. They start from a basis 2 per cent higher than the rates in force this year, which, in turn, are much stiffer than jany paid since the 1921 revenue law | was supplanted. i Exemptions Lowered. | The drop in exemptions, which will tax all unmarried men and women with $1,000 or more, and all married earners | receiving $2,000 or more, compare with this year, and $1,500 and $3,500 on the taxes paid during 1932. The program now to be attempted— 6 per cent on the first $4,000 of income | and 12 per cent above that, plus a graduated surtax on incomes of $6,000 or more—was strongly advocated in the Sentte last session by Senator Couzens, | Republican, of Michigan, but despite considerable support was defeated in favor of 4 and 8 per cent, with the same surtax, | The yield of the current income taxes remains to be shown after the March 15 payment date, whén a huge proportion of the Tflemuml payments are made in full, e estimate last June was that income tax receipts would be increased $63,000,000 by the higher normal income Tates, $88,000,000 by the surtaxes and 8 further $27,000,000 by-abolition of the earned income credit, or a total of $178,000,000. Various Proposed Rates. The table following shows the various rates in detail: i ot Present. possd . vond First $4,000 incom: xf,za % 6% $4,000-83.000 ..... 3% 8% 13% Above $8000 .0, 8% 8% 13% Married _exemption $3,500 2,500 $3,000 Single exemption.. 1,500 '1:000 '1.000 child 400 400 Earned income’ al- lowance ........ 25% None None The present surtax, proposed to be | continued, graduates from 1 per eent At $6,000 to a maximum of 55 per cent on incomes over $1,000,000. Last year it ranged from 1 per cent above $10,000 to & maximum of 20 per cent at $100,000. At the newly proposed rates, a mar- | ried man with no dependents, earning $2500 & year, would pay the Govern- ment $30 income tax. The single man earning the same amount would pay $90. tucky, one-time chairman of the House | A;’?mprlauons Committee. he members of Congress who came here to the conference were Senators Joseph T. Robinson of Arkansas, Demo~ cratic leader; Cordell Hull of Tennessee, Pat Harrison of Mississippi, ranking member of the Finance Committee; Key Pitman of Nevada, ranking member of | the Interstate Commerce Committee; |James F. Byrne of South Carolina, will veto both the beer bill and the | member of the Economy Committee; farm bill. Nor have they any con-|Speaker John N. Gamner of Texas, Rep- fidence that these measures can be put resentatives Henry T. Rainey, Demo- through over presidential veto. The object of the conference last night clearly was to present & Demo- | Means Committee; | eratic floor leader; James W. Collier of Mississippi, chairman of the Ways and Sam Rayburn of cratic “plan” for the present Congress | Texas, chairman of the Interstate Com- session and at the same time to obtain |merce Committee; Joseph W. Byrns of from the President-elect a clear indi- | Tennessee, chairman of the Appropria- l;ume of cation as to what kind of legislation he | tions Committee, and John Me! would stand for, particularly for budget- | Alabama, Democratic whip of the House, Dalancing purposes. ‘There was no_discussion of proposals While a number of the congressional party, including Speaker Garner and for currency inflation, no discussion of | Majority Leader Rainey, took & mid- the tariff and none, too, of the various | night train for Washington, following g‘r:lpollll to balance the budget through d f{ssues, at the conference last night. Discuss Repeal Proposal. The resolution proposing the repeal of the eighteenth amendment, as draft- ed by the Blaine subcommitiee of the Senate Judiciary Committee, came into , the discussion at the conference, how- ever, and the question was raised as to ¢ whether the resolution conformed to ! the platform declaration of the Demo- cratic party on repeal. Senator Robin- son said that no final conclusion had been reached in regard to the resolu- tion, but that it was clearly not in conformity with the platform declara- since it proposed to have the amendment submitted to the egislatures instead of the con- 2l conventions he Democrats made it clear that they do not propose to hitch onto the beer bill the other proposals for in- creased revenue. Instead, they will seek o put through a separate revenue bill, They expressed the utmost confldence that the beer bill would be brought to & vote in the Senate at the present session and that it would be passed Mr. Roosevelt leaves at 4 p.m. today to return to his Hyde Park home up the Hudson River. He may confer over the veek end with Secretary Stimson, depending upon the latter's ability to come at this time. Discussion with Gov Pinchot of Pennsylvania also is on the Roosevelt calendar for an early date. Although desirous of attending the funeral of Calvin Coolidge tomorrow at Northampton, the President-elect feels it will be impossible for him to make the trip because of the early hour of the funeral. It is a four-hour motor trip from Pirk to Northampton, Utmost harmony prevailed at the eonference in Mr. Roosevelt’s home here, it was said. Eleven members of Congress, five Senators and six Repre- sentatives; journeyed to New York ye: terday afternoon to meet with Mr Roosevelt, who had with him in the conference James A. Farley, chairman of the Democratic National Committee; Prof. Raymond A. Moley of Columbia University, who has been for months adviser of Mr. Roosevelt on economic governmental questions, and former tative Swager Sherley of Ken- the conference, several Senators and | members of the House remained in New York, and some of them were in conference with Mr. Roosevelt again today. Amopg those Who stayed over were Senator Robinson, Senator Harri- son, Senator Hull, Senator Byrne and Representatives Byrns and Rayburn. The program of legislation agreed upon is a program for the present short |session. It is not, it was made clear, “nscessan!\‘ the program that will be advanced by President-elect Roosevelt when he takes command at the White | Congress_meets on | House and the new Capitol Hill. However, if the President- |elect and the Democratic leaders, who | |are to be the Democratic leaders in the | Beventy-third Congress, are favorable to such a program now, it would appear th some of it, if not all, will be put forward when 'the new Congress is cailed Representative Byrns, chairmen of the House Appropriations Committee, is |bent on learning from the President- | elect just how large an Army and Navy {he wishes. Mr. Byrns does not believe |it would be good policy to reduce the | | military appropriations drastically now if | Mr. Roosevelt believes that they must be | |built up. He planned to take the mat- ter up with Mr. Roosevelt today if he had an opportunity. DEMONSTRATION AVOIDED. NEW YORK, January 6 (P)—A num- ber of demonstrators | clash with & policeman nbout two blocks | from President-elect Franklin Roose- | velt's “residence, on Esst Sixty-fith street, last night immediately after the congressional delegation of Democrats joined Roosevelt in conference. A group .of about 50 raised a cry of “We want unemployment insurance,” as the members of Congress entered the Roosevelt house. They were driven by police in the direction of Park ave- nue and & few minutes later, on Madi- ‘son avenue, they were joined by about 200 demonstrators. Several of the group rushed a policeman and a slight en- counter followed before other policemen Tushed to their comrade's ce, The demonstrators were quickly dis- sipated, but continued to L‘m mands for wnemployment in | powers are to be opened to President- exemptions of $1,000 and $2,500 in force f 400 | precipitated a | RODSEVELT 10 GET | - RESIDENT'S DATA \Will Confer With Secretary | Stimson on Foreign Situa- tion When Convenient. By the Associated Press. | 'The pages of the Hoover book on | recent American relatons with foreign elect Roosevelt for his guidance in deal- ing with international questions after March 4. At a time convenient to the incoming Chief Executlve, Secretary of State Stimson will sit down with Mr. Roose- velt and supply him with all the in- formation, experience and policies | which have governed President Hoover's sdministration in the last four years. Request Made Yesterday. ‘; The request for the conference was made by Mr. Roosevelt yesterday and | President Hoover immediately announc- {ed that it would be arranged to sult | his _successor-elect. | No details as to what would be dis- cussed were made known, but it was | assumed that Mr. Roosevelt desired to | shape plans for prompt action after | March 4 not only for dealing with war | debts, but with the Geneva Arms Con- | ference and the proposed world eco- nomic parley as well. | On Far Eastern Situation. Other information which the new oc- cupant of the White House probably will seek concerns the Far Eastern sit- uation, which has been brought to the | foregreund again, and recent develop- | ments in South America. The meeting between Mr. Roosevelt and Secretary Stimson will serve to bridge the gap between the incoming and outgoing administrations. When the Democratic leader rejected Mr. Hoover's suggestion to participate in appointing a joint commission to deal with war debts, disarmament and world | cconomics, he made it clear that he de- | sired to avail himself of all possible in- | formation and expressed a_willingness to consult freely with the President. iy | |EUROPE’S TRADE METHODS DESCRIBED AS INFERIOR The belief that because of the back- | wardness of European business in many | respects, Europe could never hope to compete with the United States, was expressed by Dr. E. E. Pratt, former | director of the Commerce ent’s Bureau of Foreign and Domestic Com- merce, in an address at the Georgetown | University School of Foreign Service | 1ast night. Declaring European merchandising methods are far inferior to American |and that European manufacturers and merchants have no real idea of selling as the term is used in this country, Dr. Pratt eaid: “European-made goods are greatly overrated. There exists an almost child- | like faith in the quality of European- made products. Labels may have meant | something at one time, but today, with | the exception of ‘Made in England, | they mean little if anything of addi- tional value. As a general rule, high | quality merchandise at low prices no longer exists in Europe.” Washington Produce WHOLESALE PRICES. Butter—One-pound prints (93 score), 28; tub, 27; one-pound prints (92 score), | 27; tub, 26; one-pound prints (90 score), | 26; tub, 25. Mggs—Hennery whites, 30a32; current receipts, 28; Government graded extras, 35 standards, 33; medium, 81; medium white, 25a28; puliets, 22a25. | Poultry, alive—Turkeys, young hens, | 16; young toms, 14; old toms, 8; old | hens, 10; chickens, Plymouth Rock broilers, 16a18; Plymouth Rocks, 4| pounds and over, 15216; under, 12a13; | mixed colored chickens. 12al4; Leg-| horn, 10; colored hens, 13a15; Leghorn hens, 6a7; hens, 4 pounds and over, 12a14; capons, large, 19a21; small, 15a | 16; roasting 'chickens, 15a16; Kkeats, | old, 20a25; young, 25a35; roosters, 7a8 Poultry, dressed — Turkeys, young hens, 18a20; young toms, 16a18; old toms, 10; old hens, 12al4; chickens, Plymouth Rocks, 4 pounds and over, 17a19; under, 14al5; Plymouth Rock broilers, 18a20; capons, large, 21a23 1, 17a19; mixed colored chickens, Leghorns, 14; roosters, 10al2; | hens, 4 pounds and over, 15a17; keats. | young, 38a40; old 25a30. Meats—Beef, 11; veal, 11; lamb, 15; pork loins, 10; fresh hame, 9;; smoked hams, 11; strip bacon, 13; lard, 7; com- pound, 7. Live stock—Hogs, light and medium, 3.00a3.25; heavy, 2.50a3.00; pigs, 2.50a 8.15; roughs, 1.75a2.25; lambe, 3.0086.00; calves, 3.0026.00. Pruits—Apples, stock, 1.7522.00 2.50a3.00; bananas, 75a2.50; o California, | 3.0084.50; Florida, 0; lemons, | 5.5026.50; tangerin 50; grape- | fruit 2.5023.50; grapes, 1.25a1.85; alli- | gator pears, 2.00a2.75: casabas, 2.50; | Christmas melons, 2.50; persimmons, | 1.00; cranberries, 2.0022.75; pineapples, 4.00; kumquats, quart, 20. Vegetables — Potatoes, pound New York, 1.00a1.10; Maine, 1.35; Idaho bakers, 1.65a1.85; Florida, new, bushel, 2.75; sweets, 50a75; tomatoes, repacks, three-pan containers, 2.00a 2.26; 30-pound lugs, 3.00; lettuce, Ice- berg, 200a2.50; Florida, 1.0021.50; beets, California, crate, 3.00; carrots, crate, 3.00; celery, 2.00a2.50; bunches, 50a60; spinach, Texas, 1.10a1.25; home-grown, 1.00; broccoli ' 2.50a2.7 bushel, pears, 5081.50; box 100 - “Raincoats” for Airplanes. “Raincoats” have been made for air- planes. They are to be used on the wings to prevent ice forming in Winter fiying. - Cars Deadlier Than Germs. Cars have been deadlier than germs to school children, but their mortality | rate has fallen 44 per cent since 1900. ! D. C, FRIDAY, JANUARY -6,--1933. DICKSTEIN SITS IN-|**"o e pcxeo row TO BE PICKED TONIGHT | Final Qualifying Rounds for Miami BI"ZENSHIP Ru ! Tournament Jan. 16 Will Bring Five Pairs Together. Final qualiying rounds for the se- |House Immigration Chairman | lostion ot Sl e Ny Expevstat Wath- ington in the contract bridge tourna- ment for the Miami-Biltmore Trophy | to open in Miami on January 16, will be played tonight at the studio of Mrs. Dixie T. Wright in the La Salle Apart- ment Building and at the Shoreham Hotel. Investigates Case of Gerguson. By the Associated Press. NEW YORK, January 6.—The chair- | 4 e final are Mrs. Wright and man of the House Immigration Com- |ypy Grmv}!l;l‘el Fortescue; J. "C Link mittee sat In today on the investigation | gnq" W Rosett: Mr. and Mrs. James of the case of Harry F. Gerguson, Who | 1" orion™® el J. H. Muncaster and sometimes calls himself “Prince Michael | om“Famin: "M M. C. Robinson and Romanoff.” M n 4 . rs. Eugene Nolan. These teams were o taste Jor Cxpensive |04 | winners at contests held this week at bacco—e $10-a-pound variety_—resu the Shoreham, Roosevelt, Carlton and in his arrest shortly after Christmas | 5 when he was recognized by a Fifth Ave- | Rennedy-Warren Hotels ard st 1641 nue tobacconist. He had slipped into| " gieven cities will send teams to Miaml the country six days earlier in a man- n o Shete BeF 28 et uneapiained e S e R Visits Ellis Island, R DR. YUI SLIGHTLY BETTER ‘The head of the House committee, Representative Samuel Dickstein of New Chinese ¥. M. C. A. Leader Still Reported in Grave Condition. York, went to Ellis Island today with | The condition of Dr. David Yul, 51, Murray Garsson, special investigator of the Department of Labor, assigned to look into Gerguson's claim that he is an internationally known welfare worker who collapsed Wednesday in the office of Secretary of State Stimson, was re- Amerijcan citizen and has a right to Temain in this country. “I'm going over to sit in and hear ported slightly improved at Naval Hos- pital today. It was said by physicians there, how- what takes place as a matter of justice,” resentative Dickstein said. ever, that his condition is still serious. “If there is no ground to hold him for deportation he should be allowed to go. If the Government wants to make further investigation, they can place bond on him as high as they want to guarantee his surrender. In the in- terest of justice his status should be thoroughly threshed out before he is held longer. The issue, as I understand it, is not the fact that he returned to New York as a stowaway, but merely the question of exclusion.” Attorney Present. Also on the ferryboat to Ellis Island was Gerguson's attorney. wh had mo additional evidence to offer in proof of Gerguson’s claim to American citizenship. Recently records were sub- mitted to immigration authorities by the Soclety for the Prevention of Cruelty to Children purporting to show he came to America as a small child, later went to Europe and returned in 19%% or 1919. Jrom, NEW YORK ot FIFTEENTH THE MOST MODERN MEN'S WEAR STORE IN AMERICA Store Hours: 8:30 AM. to 6 P.M. We Are Discontinuing Business BECAUSE of the inability of the Parker-Bridget Co. to secure the additional capital needed to carry on, it is necessary to discontinue the business. ur Entire Stock is Being Liquidated HE quality of our merchandise is well known. We carry only the better grades of men’s and boys’ clothing, fur- nishings, hats and shoes. effect liquidation, radical reductions have been made l in every department of the store. Our entire stock is included. Shop now while selections are most complete. A_LL sales are final; all transactions for cash only. By order of the court, I invite private bids on the store fixtures and good will of the Parker-Bridget Co. FRANK M. LOW Ancillary Receiver ‘Free Parking at the Capital Garage While Shopping Here Bsbr Bt New York Avenue at Fifteenth 4PBg o 4 MAYER & CO. 1 Berkey & Gay Vanity, walnut. 1 Avodoire Vanity, 5-drawer...... e e et Odd Dressers Chests, Vanities, Beds Chairs, Vanity Benches These leces are mostly all arranged on the flflgl o % floor cf our new annex. All are greatly reduced and offered subject to prior sale. So come real early, please. DRESSERS 45-inch Dresser, mahogany and gumwood .. Tudor Oak Dres mirror .... Grand Rapids Made Dressers, walnut chiefly hem Walnut and Gumwood Dresser. . Grand Rapids Made Dressers, walnut chiefly .... R 1 Dresser, with hangmg” r;{irn;r’; walnut chiefly Dresser, beautified with crotch walnut Beech Dresser, with hanging mirror ...... CHESTS Chests of Drawers, mahogany and gumwood . - A Maple Chest of Drawers........ Fine Maple Chests of Drawers. . Mahogany and Gumwood Chest. Pine Chests of Drawers S-drawer Chest, walnut and gum- wood - Colonial Type Chest of Drawers. Maple Chest, serpentine front. .. WAS $57.00 $88.00 $95.00 $47.00 $95.00 $62.50 $66.00 $95.00 WAS $59.00 $33.00 $55.00 $32.00 $41.50 $35.00 $85.00 $43.00 at great reductions DRESSING TABLES Vanity, made in Grand Rapids. . Vanities, beautified with crotch mahogany Sevii Maple Dressing Tables, 2 draw- ers . e 5-drawer Maple Vanity o Walnut and Gumwood 7-drawer Vanity 2 Vanities, in walnut wood 3 . . WAS $73.00 $63.00 $31.00 $50.00 $95.00 $45.00 $150.00 $92.00 NOW $34.50 $39.75 19.75 24.75 $47.50 §§4.75 9.75 $49.50 Poster Beds, $9.75 Up Bed Room Chairs and Benches Left From Suites, $4.95 Up SPECIAL GROUP Axminster Rugs 9x12 Ft. and 8Y4x10Y Ft. Sizes $19.95 These are good quality, seamless Ax- minster Rugs in beautiful, desirable pat- terns—every one perfect first qualit Made by famous nationally known manu- facturer whose name is withheld. These rugs are all in lovely, desirable colotings and they are mostly all in the 9x12-ft. size. There are, however, several rugs in the 814x10%4-ft. size. Many Suites Reduced for Clearance