Evening Star Newspaper, January 27, 1933, Page 4

TARFF IS PUZLE " FORDEMOGRAT { _Erotecfion or World Currency Stabilization Offering No Alternative. BY MARK SULLIVAN. Much that is being discussed at Wash- #ngton as “depreciated foreign curren< cies” might with greater accuracy be called “protective tariff.” The caucus of Republican members of the House, called Wednesday to deal with the for- mer subject, contained many more members eager to advocate raising the tariff. It is a fact not disputed by the most ardent low-tariff partisans that depre- clated currencies all over the world have made the existing Smoot-Hawley tariff law obsolete. The reason a Jap- anese yen, for example, when valued at 21 cents, permits the sending of more goods across the American tariff barrier than a yen at its former and normal rice of 52 cents is intricate. The fact it ‘The same increased access to American markets is caused by other depreciated currencies in practically all the countries of the world. It is being said in the cloak rooms of Congress, whether accurately or not, that about 85,000 articles of rubber are made in the United States and that every one of them is recently coming into the United States from abroad. The same is true of many other commodities Comparatively little of this sort of thing 1s enough to make a considerable noise any congressional district where an industry is affected, especially under present conditions with so much Ameri- can labor unemployed. Typical Con- gressmen say more letters are coming 1o the Capitol about the insufficiency of the tariff than about any other sub- Ject. Not even inflation gives rise to 80 much interest or at least so much pro- test to Congress. It does not take much of this to make a hot fire under a Con- gressman’s seat. Two Remedies Seen. If the condition is to be stopped, there are two ways. One is to raise the American tariff, the other to bring about world-wide stabilization of currencies. President Hoover is said to believe in stabilization of world currencies as the sounder permanent curé, but readily concedes that this process may take a long time and that in the meanwhile there is need for temporary adjust- ments of the tariff upward. Manufac- turers, farmers and labor leaders and the public generally understand very little about stabilizing currencies, but are perfectly familiar with the tariff. Consequently Congress has become the of a very formidable demand from every section of the country for in- creased tariff protection. It was really for this purpose and on account of this condition that the Republican caucus was called. Republican leaders were quite willing to have it called and are sympathetic to bringing about immedi- &te and adequate tariff protection. The situation raises a complex ques- tion for the Democrats. Democrats in Congress know the condition as well as | Republicans and receive s many let- ters from constituents. Consequently m: Democratic Senators and Repre- | sen ‘es favor imrhediate action in the | direction of higher tariffs. ' The strong- est high-tariff speech’in the Senate this session- was made by Demacratie Sena- tor J. Hamilton Lewis of Illinois. This espousal of the tariff as a practical matter under necessity runs straight in the Iace, of course, of the Democratic edge o reduce the tariff, The good h of the Democrats, when they made pledge last June, is not violated, be- > the condition has arisen mainly ince June, and in its acute form has s only during the last few weeks | iths. As one Democrat puts it, eant_every word of the low-tariff speeches T made during the campaign, but every one 6f those speeches has to- day become ®bsolete.” Stabilization Takes Time. The net of the political part of it is that the coming Democratic adminis- tration apparently must either bring about stabilization of world currencies or else be on the defensive abouft the Party’s position on the tariff. Stabiliza- tion of world currencies will take a long time. It is expected to be brought about by the coming world economfc confer- ence. Recent information is that the world economic conference will not come into session for at least four months. ~ After the conference sits it would take many more months to achieve ectual stabilization of curren- cles. During all this time the Demo- crats will be embarrassed about the tariff. Some Republicans in Congress, alert to seize political opportunity and fundamentally almost fanatic in favor of high protective tariffs, are saying that the Republican party ought at :;’;f:mm god beforemthe country with a € and sustained campa Tom- ising increased tariffs, B v N MARINE PIGEON EXPERT RETURNING TO QUANTICO | Chief Quartermaster Clerk Buscall, | Who Has Been at Shanghai, Headed War Service. Coming to the Marine Barracks, Quantico, Va., shortly, for duty is Chief Quartermaster Clerk David C. Buscall, United States Marine Corps, who is re- turning from service in China with the 4th Regiment of Marines, with which he was disbursing officer. For 40 years now this Marine, who was in immediate charge of the American pigeon service in France during the World War, has been interested in racing pigeons. His home is at 2901 Thirteenth street northeast. In China he was president of the Shanghai Homing Club and was given a farewell dinner at the Astor House, upon his departure from the Orient, aboard the naval transport U. . S. Chaumont. Membership of the Shang- hai Club was tripled under Mr. Bus- call's regime and new quarters were acquired. He was on duty in Shang- hai for three years. Mr. Buscall is a native of England, where he was born, September 22, 1873. In July, 1921, he accepted a warrant of- ficer’s post, following 15 years’ *service in the famous fighting outfit. He is honorary president of the American Racing Pigeon Union. A son of the Marine, David C. Bus- eall, jr, resides at 608 Sheridan street, BONES OF SCOUTS SLAIN IN 1780 BELIEVED FOUND Discovery Made Near Monument in Pennsylvania Honoring Victims of Indians. By the Associated Press. SAXTON, Pa, January 27.—Only & few feet from the monument erected in memory of 10 pioneer scouts massa- cred by Indians, bones belleved to be those of seven of the victims have been unearthed in this historic community. History records that the scouts were slain at a pow-wow on July 16, 1780, after they had been taken captive from the cabin fort commanded by William Phillips, near Saxton. Settlers later buried the bones. ‘Workers searching for the skeletons found bones buried only 18 inches under the ground. Examination of the skulls by medical experts indicated that five of the men had been tomahawked. —_— eral hoof-and-mouth disease epi- | Gonzaga High School Class demics have been reported in England #acently. THE EVENING Heads Reich Ceremony VON HINDENBURG PRESIDES AT ANNIVERSARY CELEBRATION. NEW and intimate picture of the aged President of Germany taken at ceremonies commemorating the sixty-second anniversary of the founding of the Reich. President von Hindenburg is shown, in military uniform, reading the program for the occasion. —A. P. Photo. JURY IS STILL 0UT INTRIAL OF CLARK Indication That Agreement May Be Near Is Lacking This Morning. By a Staff Correspondent of The Star. ROCKVILLE, Md., January 27.—The guilt or innocence of Berry E. Clark, former clerk to the Montgomery County Board of Commissioners, on trial for embezzlement, was being weighed be- hind locked doors at the Court House today by a jury in Circuit Court here. | The jury began its deliberations at 9 | o'clock last night, following an after- noon and evening devoted to final ar- guments by counsel for both sides. When no werd had come from the ! jury room by 11:40 o'clock last night, | Chief Justice Hammond Urner and As- sociate Justice Arthur D. Willard, pre- | siding in the trial, ordered the jurors | locked up for the night. The judges left for their homes in Frederick after instructing the clerk to telephone them this morning if the jury had reached a verdict. Tried on $426 Charge. There was no indication from the jury room during tHe morning, however, that an agreement was near. He was tried on an indictment charging him with misappropriating $426 of county funds. There are 96 other indictments | against the former clerk, involving sums aggregating about $50,000. | Clark and his attorneys waited at the | Court House until departure of the judges last night. The defendant ap- peared calm. He has expressed confi- dence he will be acquitted. Mrs. Clark sat with him during part of the court session yesterday afternoon. Deliver Closing Arguments. Attorneys for both sides made strong pleas to the jury in closing arguments yesterday afternoon. State’s Attorney Prescott, after tracing Clark’s alleged juggling of bank accounts, through which it was charged | he concealed his handling of official funds, demanded that Clark be con- | victed “not only as punishment for him but as a warning to others.” | “They haven't any defense,” Prescott shouted to the jurors. “They haven't offered a scintilla of evidence that he | didn’t take this money or that he re- turned it. The State has proved to a mathematical certainty that he took the money and spent it for his own use. “Why did he take any of that money? A man doesn’t have any right to spentl one penny belonging to other people. ‘They can't tell you he didn't intend to take 1t, because the evidence shows he had been doing it time and again with similar sums.” All Facts Not Produced. All four defense attorneys made ap- | peals to the jury. They stressed the | act that a witness had testified to the | existence of a third account in the name of Clark at the Montgomery County National Bank, and that be- cause “all the facts” regarding “all the accounts” at the bank were not pro- duced by the State, the jury should give Clark the “benefit of the doub* " “You can't convict this man with only part of the facts beiore you, .. Bernard Welsh, defense attorney, de- | clared. “This case is full of things that ought to be explained. The State hasn’t shown that the county lost a nickel. There is no such thing as a clerk’s account under the law. Berry Clark had the right to put the county funds in his shoe, his pocket or any where else he wanted to, just so long | as he pays it back when it is due.” Albert Bouic, another lawyer for | Clark, pointed out that Clark’s bank accounts were “kept openly and above | board” at a bank of which two mem- bers of the Board of County Commis- sioners were directors. He emphasized Clark’s previous “spotless reputation.” Barrett Prettyman, also of defense counsel, branded two charts introduced by the State to show Clark’s financial | operations as a “lot of silly arithmetic.” | .Should “Demand All Evidefice.” = | The closing srgument by the defense | was made by Thomas Dawson, who told | the jury it should “demand all the evi- dence” before you brand this man as a felon for ghe rest of his life.” When Dawson shouted: “He was fine enough for a Democratic organization in_this county until they kicked him out,” Prescott jumped to his feet with an ‘objection and Justice Urner re- proached the lawyer, saying “That was an . unfortunate remark. The jury will disregard it.” Dawson described Clark’s “modest home life” and his efforts to provide for “a crippled wife and an only daugh- ter.” Mrs. Clark had left the court room cdly a short while before. ‘The court room was packed and scores stood on tiptoe in the corridors. SENIORS PLAN DANCE > to Hold Willard Event Tonight. The annual midyear dance of the se- nior class at Gonzaga High School will be held at the Willard Hotel tonight. The committee in charge includes Richard E. Hall, chairman; James T. Barbour, jr.; J. Carlton Gartner, Joseph M. Davison, Thomas E. Burke, jr.; George J. Fleury, Windle X. Jarvis and Frederick J. Harigan. GARNER'S AID ASKED IN CHOOSING ENVOY Mexican Political Writer Says . Men of “Exceptional Cali- ber” Needed in Posts. By the Associated Press. MEXICO CITY, January 27.—The newspaper El Universal said in an edi- torial today that men of ‘“exceptional caliber” are required for the posts of American Ambassador to Mexico and Mexican Ambassador to Washington, which are to be filled soon, and urged that Vice President-elect Garner advise | President-elect Roosevelt concerning the former. The editorial was signed by Juan Sanchez Azcona, recognized national political writer and prominently identi- fied with the Madera revolution in 1910. Lauds Two Men. He expressed the hope that Mr. Gar- ner, whose home is near Mexico, would be instrumental in the selection of the envoy to succeed J. Rueben Clark, jr., who is quitting Mexico about Febru- ary 5 ‘Mr. Garner has a great moral in- terest in the cultivation of relations of | his country with Mexico,” the editorial said. ‘The editorial confines its praise to | only two American envoys. the late Dwight Morrow and Mr. Clark, and de- clared past Mexican-American relations bristled with difficult and tense mo- ments due to the “personal incompre- hension of the direct negotiators.” Against Career Diplomats. Ambassadors drawn from career ranks are out of the question, the editorial said. “Career diplomats attain the peak of usefullness as first secretaries or counsellors. * * * The chiefs of missions should be persons familiar with the reigning politics of the country they represent and come from the ranks of the ruling political power,” it said. Ferdinand Gonzalez Roa is the “right man to succeed Manuel Puig Casauranc, former Mexican Ambassador to the United States and now federal secre- tary of foreign relations,” the writer said. FETED BY D. C. WOMEN Mrs. Kathryn Malstrom, Washing- ton State Senator, Is Guest. Mrs. Kathryn Malstrom, State Sen- ator from Washinglon, was guest of honor last night at a dinner given by the board of directors of the Business| and Professional Women's Club. Mrs. Malstrom, here in the interest of the Legislature’s memorial to Congress favoring inflation of currency, was scheduled to appear before the House Ways and Means Committee today- She is a special envoy of Gov. Clarence D. Martin. e MOBILE OFFICE RETAINED Coast Guard to Remain in Alabama City Indefinitely. ‘Temporary headquarters of the Southern Area of the United States Coast Guard will remain in Mobile, Ala,, indefinitely, it was disclosed to newspaper men at Coast Guard head- quarters today. Under the reorganization plan which went into effect January 15, Mobile was designated as temporary headquarters and New Orleans as permanent head- quarters. to be occupled at a later date. Brothers 1213 F St. N.W. Saturday Specials PYJAMAS. . .Regularly 950 to 1250 Batin and crepe de chine; Dpastel shades; STAR, WASHINGTON, LATE VOTE SWELLS DE VALERA VICTORY Fianna Fail Has Clear Major- ity of 4, With 33 Seats Still Undecided. By the Associated Press. DUBLIN, Irish Free State, January 27.—Preisdent Eamon de Valera's pros- pects for forming his first independent government appeared bright again to- day as additional returns from Tues- day's election showed the Flanna Fail to have a clear majority over all other parties. Wi 33 seats still undecided, the Flanna Fall had 62, Cumann Na Ngaedhael (ex - President Cosgrave's party), 35: Independents, 7; Labor, 7; Center Party, 8, and Independent Although recording gains, there was still & feeling in some quarters that final returns will show De Valera is unable to carry on without aid of the small Labor party, which supported him | line during the past year. Shrewd judges have been completely mystified by the Labor party success. Decimation of party was confl- dently prophesied befoge Tuesday’s vot- ing in many quarters. Yet it has re- turned seven, equal to its representa- tion in the last Dail. Expected Clear Majority. When De Valera dissolved the Dail January 3 he was confident of winning & clear majority for the first time in the 10-year history of the Free State and release from the dependence on labor's vote, as he has had for the past year. The party of Willlam T. Cosgrave, who held the presidency continuously until his defeat last March by De Va- lera, has gained no seats in any dis- tricts and has sustained losses in seven. These are National University, Dublin South, Leix-Offaly, Longford-West Meat, Monaghan, Dublin County and Kilkenny. ‘The Fianna Fail has lost one seat in Kilkenny and has gained seats in Na- tional University, Dublin South, Dublin County and North Cork. The new Center party, which was expected to throw its support to Cosgrave, has won three seats. Labor has gained one new seat. The Planna Fail polled heavily in the areas hardest hit by the economic war with Great Britain and it was evi- dent thousands regarded the contest as a reply to the challenge by Britain. De Valera, in his fight for complete inde- pendence of Ireland, declared the Brit- ish officials were confident he would be overthrown and that they could deal again with Cosgrave. Ministers Re-Elected. In a declaration on the elections, Finance Minister MacEntee declared the Fianna Fail was fighting the cause of a “united, independent Ireland.” He said the government, in calling the election, was going back for an un- challengeable mandate to assert and maintain the political and economic rights of the nation. De Valera's final success would be regarded as a mandate for complete abolition of the oath to the crown, abolition or a reduction of the num- bers and powers of the Seanad Eireann (the Senate), further withholding of land annuities claimed by Great Bri- tain, eventual abolition of the gov- ernor generalship appoinged by the King, and continuation of the tariff war. All of De Valera's cabinet ministers have been returned to the Dail. De Valera doubled his own vote, but Cos- grave was re-elected by a greatly re- duced vote. Willlam Norton, leader of Labor party, and Frank McDermott, leader of the Center party, are two other organization chiefs who retain their seats. A third woman was assured of & seat in the new Dail today. She is Miss Margaret Pearse of the Fianna Fail, elected in Dublin County. She is a’sister of Padraig Pearse, who was executed in the 1916 rebellion. Other women assured seats are Mrs. H. Concannon of the Fianna Fail, and Mrs. W. A. Redmond, Cosgrave sup- | porter and widow of the famous Water- ford leader. WILL RESIST REPUBLIC. | BELFAST, Northern Ireland, Janu- ary 27 (# —Lord Craigavon, prime minister of Northern Ireland, announc- ed today that it was the firm inten- tion of Ulster Loyalists to resist to the limit any attempt to include Ulster in | any Irish republic. The premier said he could not help thinking that Nationalist abstention rom the Ulster (Northern Ireland) Senate and House was “dictated frcm elsewhere” and had close connection with the movement to create an all- Ireland republic. He wanted it to go forth, I said, that the Loyalists of the north “are thoroughly prepared to defeat any at- tempts to incorporate Ulster in such a republic no matter what the sacri- fice and inconveniences entail.” “Our people will rise in wrath and spurn with contempt every endeavor to subborn their allegiance to the British crown,” he added. SHOWGIRL A.SKS $250,000 New York Social Registerite Is Named in Heart Balm SBuit. NEW YORK, January 27 (#).—The Dally News says Mary O. Clark, red- haired showgirl, who came to Broadway from Anniston, Ala., filed & $250,000 breach-of-promise suit yesterday against Sewell T. Tyng, social registerite. Miss Clark appeared in such pro- ductions as the “Vanities,” “Artists and Models” and in “Manhattan Mary.” The News says Tyng., son of the socially prominent Mrs. William Adams Kissam, denied the showgirl’s charges that he acked her to go to Europe and marry him and that he said he would go to Reno and divorce his wife. Mrs. Ruth Hapgood Tyng, daughter of Nor- ‘man Hapgood. : January CLEARANCE Undergarments of TOOE all sizes. NEGLIGEES. .Regularly 3.95 to 7.50 Of silk, crepe de chine and satin; lace-trimme French crepe de chire; tatlored Satin and ¢ an full bias cut; pure dye. d. WU Regularly 4.95 O .....Regularly 295 repe de'chine; tailored and d lace trim. |95 e e e D. C., FRIDAY, JA M.S.BOGGS KILLED INAIRPLANE CRASH Commerce Department In- spector Drives Craft Into Power Line in California. By the Associated Press. t a high tension wire near here. ‘The two women, both of whom gave r address Angeles, were identified as Mrs. Mary Gogan and Miss Stacia Curry. Mrs. Gogan' broken and Miss Curry’ injured. Struck Power Line. Investigators said Boggs presumably mistook & grain fleld for the emergency field last night and was circling pre- paratory to landing when he struck a group of eucalyptus trees and the power e. The plane did not catch fire. The three were to have been guests at a soclal gathering at the O. R. ranch, ler is the former head of the old Century !;;lt:lllnc al.rllnu‘ i Boggs g 1917 the Army. For the last five years he had been connected with the Department of Commerce, and had been active in the development of radio beacons, Al- though he worked out of Washington, his home was in Piedmont, Calif, Lived at Riverdale. Boggs, wWho served In the Army Alr Corps during the World War as a first lieutenant, part of the time being as- signed to Bolling Fleld here, was born December 22, 1893, at Tuscon, Ariz. He was a bachelor, and while assigned to the Commerce Department aeronautics research field at College Park, Md., lived in Riverdale. At the time he entered the Commerce Def)an.mem.. in January, 1928, he was flying for the Forest Patrol Service. From his first position with the aero- nautics branch of the Commerce De- partment, Boggs was transferred to De- troit, where he became supervising aero- nautics inspector of that district. Later he came to Washington as assistant to | the chief of air regulation, and in May, 1930, was assigned to air line inspection | work, in which capacity he was serving | at the time of the fatal crash. Peri- odically, however, he was sent to Col- lege Park to engage in aeronautical radio research. Survivors, if any, are unknown by of- ficials of the aeronautics branch. CONFIDENCE SPURS SKYSCRAPER WORK $25,000000 Marshall Field Build- | ing in Chicago Backed by Faith That Built Fortune. By the Associated Press. CHICAGO, January 27.—The confi- dence in future prosperity such as marked the rise of a late merchant prince today was leading trustees of the great fortune he amassed to carry to completion a $25,000,000 office build- ing that will rise 43 stories in the finan- clal district. It is the Marshall Field Bullding. and when completed will provide 1,400,000 square feet of floor space. Two wings, 24 stories high, already have been com- pleted and work on the main portion is to be finished by May 1, 1934, To those who sald such a project | should not be undertaken in times like these, the trustees merely pointed to the life of Marshall Field. | It 'was in 1856 that he came to Chi- | cago and began laying the foundations | of ‘& huge business and fortune. One | of his rules was mever to turn back, | despite conditions—and he passed through several periods of economic | stress in his lifetime. The trustees said they believed the time would come when the building would be completely tenanted—mean- while it will.give employment to sev- eral hundred men. S. P. C. A. WINS DAMAGES FOR ANIMAL SALE CHARGE Society Had Been Accused of Sell- ing Dogs and Cats to University for Vivisection Purposes. By the Associated Press. NEW ORLEANS, January 27.—The Society for the Prevention of Cruelty to Animals yesterday won a libel suit against two defendants, who charged that the society sold dogs and cats to ‘Tulane University for vivisection pur- poses. and was awarded a judgment of $1.750, in Civil District Court. The suit asked $8,000. The litigation developed over an affi- | davit allegedly circulated by Mrs. Harry | S. Armstrong and Mrs. Joseph Villars, | charging that the soclety sold the ani- | mals for pathological purposes. Judge Hugh C. Gage said he per- sonally believed in vivisection, but real- ized many members of the society were opposed to the practice, and therefore held that the charges were libelous. He awarded the soclety $1,000 and thr;e officers of the organization $250 each. Judge Gage held that the defendants waived all other forms of defense when they pleaded that the charges were true. He said the defense did not prove that the animals were sold to the university. Cameraman Hurt in Jungle. COLOMBO, Ceylon, January 27 (#). —T. B. White, American camerman Who has been filming wild life in Ceylon, fell 50 feet from a tree in the jungle near Balagoda yesterday, suffering a severe spinal injury. The PALAIS ROYAL G Street at Eleventh Women’s TARY -27. 1933, Dies in Air Crash INFLATION VIEWED VAIN ANDHOPELESS Conservative Strength Held Sufficient to Overcome Misguided Supporters. BY DAVID LAWRENCE. From all parts-of the country in- quiries are coming as to whether Con- gress is to infiaf tion. Little distinction seems to be drawn between inflation of credit and infla- tion of the currency. The word “infla- tion” appears to have terrors for many, largely because the subject is not widely nnrg:xstood except as something radical in the monetary situation. As & matter of fact, inflation of | credit has been going on at different intervals since the depression began, and during the war period it was re- sorted to as a method of obtaining the sinews of war. But as for inflation of the currency, there is not the remotest possibility that this Congress or the next will undertake it. The reason is that, notwithstanding the conspicuous tion that the radicals occupy in both ouses, there is & substantial majority— certainly more than two-thirds in both the House and Senate—who would never vote to tinker with the currency. Many Are Conservatives. ‘The Democrats have as many, if not more, conservatives than the Republic- ans. Mr. Hoover would not sign any such measure, and Mr. Roosevelt would throw the entire weight of his influ- ence against experimentalism is money. While efforts to inflate the currency probably will be made, the truth is there has been plenty of money in cir- culation to meet all requirements. The real impetus behind the inflation move- ment is the desire to cut the value of the dollar arbitrarily and thus de- crease the amount of debt carried by the country as a whole. Most of the sponsors forget that bank deposits are debts, and so are insurance policies, and that the prospect of having all such amounts cut down is not going to be relished by the creditor class when the consequences of any inflation of the currency are fully understood. The measure which is expected to help the debt situation materially is that which is pending now, known as the Summers-La Guardia-McKeown bill for adjustment of debt. Devaluation Dangerous. To devaluate the dollar by reducing its gold content is held to be as dan- | gerous a course as any inflation schem proposed. Once a House or Senate committee reported any such bill, the demand for gold would reach the h‘:‘lghu of a gold panic. Great Britain could overnight change her standard | from gold to sterling, but in America, | with the congressional system, it would | be difficult to put such a proposal into | effect without driving the Nation off the gold standard altogether by the very process of discussion. | Just the same, talk of inflation per- sists. Senator Wheeler’s proposal to remonetize silver, along with the state- ments of men like Representative Rainey of the House, that debt cutting by arbitrary means is inevitable, must naturally give rise to nervous quivers in the financial world. It has alread; sent foreign exchange up in terms of the American dollar. Unquestionably such rumors have something to co with the fluctuations of the exchange, but looking at the situation here from a practical standpoint it is difficult to see the friends of inflationary measures getting & mléorlt.g" :f either house, (Copyright, 193 on & course of Terminal Special Egg Size Bituminous—Smokeless COAL 8L i, 2,240 Pounds ¢ TERMINAL 7 ICE and FUEL CO. 3rd & K Sts. N.W. Na. 0990 ; g@mm&\\\\“m SESS R SAR RN SRS S S RN S S SR S AN R AN SR S Telephone District 4400 Raynshus 1.95 All rubber, felt-lined —with turn-down cuff or high shaped top. Automatic Zipper fastener. Black. Sizes 3Jto8. Palais Ro; Second Floor. | ’ 1 By the farmer I 2 uall { there are a few encouraging signs.’ LONG CLAIMS CURE FORALL U.S. LS Louisianan Offers to Quit Pol- " Itics if His Plan Does Not Work in Six Months. By the Associated Press. NEW YORK, January 27.—Huey Long, on a day's vacation after his Senate filibuster, came to Manhattan yesterday with this proposal: “If I can't end the depression in six months, providing Congress adopts my p::’nm. Tl get out of public life for L 's plain horseback philosophy,” ex- plained the Democratic Senator as he outlined this program: “l. Take an estimate of foodstuffs on hand today. wheat to last next year, prohibit the raising of any wheat next year. And the same with all other commodities. Government taking over the surplus commodities and paying the “B. By building the necessary ‘and needed public improvements—such as inland waterways, irrigation projects, flood control—which would give work to every needy farmer. Production by Permit. . As regards the laborer: “I propose cutting the hours of labor, until all surplus has been consumed, down to four hours a day.” During the coming year and hence- forth, the Louisiana Senator said he would .make production on a permit basis only. He also said that laborers could be used in public improvements. & would get the money for the public improvements by one of three | rocesses: “A. A $10,000,000,000 bond issue, to be | retired in seven or eight years out of vastly increased inheritance taxes. “B. Drastically higher income taxes, “C. A capital levy.” “He! office. That's where I can do good. So I run on either the Democratic or Re- I'm the only man run- ning for office that's got the right to seek office as a true follower of Thomas Jefferson or Abraham Lincoln.” Evolution or Revolution. ‘With much quotation from the scrip- tures, Senator Long hastened through his favoritism for an inflation of the currency, “if for no other way, by re- monetization of silver”; expounded his views that inherited estates should be limited to $5,000.000 at first, then grad- ly trimmed down to one million. “We've got to make cur choice,” he “Well have either lution or Tevolution, whether we like it or not. Whenever the people get tired of the publican ticket. existing Government, they've the right | to change it. That's the theory on which this Government was founded. And there ain’t no such a thing as half the people consenting to go starving and ml?g and homeless in a land of too much.” — ATTERBURY IS HOPEFUL FOR RAILWAYS’ FUTURE Day of Carriers’ Greatness Has Not Ended, Declares Pennsylvania President. By the Associated Press. ST. LOUIS, January 27.—Gen. Wil- | liam W. Atterbury, president of the Pennsylvania Railroad, who arrived in St. Louis yesterday on a tour of in- spection. said that while rail carriers have strong competition, the the railroads’ greatness is not ove: | “Mr. L. Loree showed proper con- fidence in investing heavily in New ork Central,” Gen. Atterbury said. uch a property is part of the bacl bone of America. We of the Pennsy vania, are not abandoning our program of improvement.” Gen. Atterbury said that “we of the railroads, have settled down to weather a siege.” While he was not expecting the turn of the correr “at any time now." Gen Atterbury said that “in general, The Morris Plan Bank offers the INDIVIDUAL the facilities of a SAVINGS BANK with the added feature of offering a plan to make loans on a practical basis, which enables the borrower to liquidate his ob- ligation by means of weekly, semi- monthly or monthlydeposits. It is not neces- sary to have had an account at this Bank in order to borrow. Note If there’s enough | Amt.of Depomit $120 $180 $240 $300 $360 $540 $1,200 $100 $6,000 $500 MILLS WOULD END NOTE BID PADDING Oversubscriptions for Treas« ury Blamed on Policy of Prorating Securities. By the Assoclated Press. ‘The latest Treasury offering of five- year notes at 2% per cent has met with such a huge oversubscription that it led Becretary of the Treasury Mills to an- nounce formally that steps will be con~ sidered to prevent “padding.” Reports from the Federal Reserve banks show the new offering, which was for about $250,000,000, stimulated sub- scriptions totaling over $7,800,000,000. Subscribers Pad Bids. “The large oversubscription for recent Treasury otferings,” sald Secretary Mills, “should not be rcgarded as an indica- tion that idle funds are available in an amount even remotely approaching the total subscribed for. This great volume of subscriptions is due in large measure to the fact that many subscribers are deliberately applying for amounts far in excess of their requirements, anticipat= ing that under the Treasury’s percent- age allotment they will receive a reduced amount approximating their actual needs. “This practice of padding has steadily | Increased until it has now reached such proportions that the department must | consider measures to deal with it in the interest of subscribers and of the Treasur Began More Than Year Ago. ‘The large oversubscription ascribed to the padding of the amounts applied for became noticeable first a year ago last June, when the Treasury offered $800,« 000,000 in bonds and received subscripe tions totaling $6.500,000,000. Since then, it was explained, the demand for Gov- ernment securities has been so great from hanks and others that subscribers wishing to get a portion of the issue padded their accounts enormously in hope of getting the amount they wished. Of the total subscriptions of more than $7,000,000,000, $123920,900 represent exchange subscriptions, in payment for which Treasury certificates of indebted- ness maturing February 1 were tendered. Such exchange subscriptions were ale lotted 62 per cent. The new notes will mature February 1, 1938, COLORED CHOIR PRAISED NEW YORK, January 27 ¢P).—The new Fisk University Choir of 60 colored boys and girls of Nashville, sang last night at Carnegie Hall to an enthusiase tic audience. In addition to some of the works bf | Bach and Palestrina, the c 1o | dered several spirituals, whch W-re particularly well received. A committee of well Yorkers, including Paul Cravath, sponsored the concert. Mr. Cravath's father founded Fisk, in 1868 own New The BANK for the _INDIVIDUAL Loans are pass- ed within a day or two after filing application— with few excep- tions. Monthly For 12 Months $10 $15 $20 $25 $30 $45 MORRIS PLAN notes are usually made for 1 year, though they may be given for any period of from 3 to 12 months. MORRIS PLAN BANK Under Supervision U. S. Treasury 1408 H Street N. W.; Washington; D. C. #Character and Earning Power Are the Basis of Credit” TRADE 1 At Sloan’ 715 Thirteenth Street REGISTERED s Art Galleries ESTATE SALE Valuable Housei:old Adornments and Objects of Art Embracing in part Antique and Farniture, Eastern Rugx in all Bric-a-Brac, Valuable Paintingz Colored Print: Marbles, Bronze: Collection of Mounted Animal Ski 3 Tigers, 5 Brown Bears, Zebra, Modern American and Furopean sizes, Imported China, Glass a silverware, Tenkwood Tabl Fireplace Brasses, ete. ge Polar Ben » nw incl Leopn From the Estate of the Late Joseph Leiter, a Former Federal Judge and Other Owners To Be Sold at Public Auction Within Our Galleries 715 13th Street Tuesday, Wednesday, Thursday and Friday, Jonuary 31st and February 1st, 2nd and 3rd, 1933, at2P. M. Each Day ON EXHIBITION Saturday and Monday, Catalogues on Application January 28th and 30th to C. G. Sloan & Co., Ine.