Evening Star Newspaper, June 16, 1933, Page 24

Katharine Lee Ogilvie 1325 Connecticut Ave. GUARANTEES To Permanently Wave WHITE HAIR Without Streaking Decatur 5098 Manicure North 1306 Body Massage End Constipation No;v Thanks ® modern sciénce, a safe, non-habit- forming preparation has been discovered that gently bat thoroughly cleanses the intestinal tract. Drives out poisons and ac cumulated wastes. It is calle Min-Rol-Psyllia. A pleasant fruit ROOSEVELT TO FX | BONDHOLDER SETUP President Has Power to Pro- tect U. S. Investor in Case of Default. At such time as President Roosevelt finds it desirable, a corporation of for- eign security-holders will be set up un- | T HE E VEN Head Sorority ‘WASHINGTON GIRLS NAMED NATIONAL OFFICERS SILENT ON “BREAK” Refuse to Comment on Speech Un-] complimentary to Latter in Record. | By the Associated Press. No comment was made yesterday by ‘Benltor Balley, Democrat, of North }c-mum, on reports that he and his | colleague, Senator Reynolds, Democrat, | of North Carolina, were near a break |as a result of the latter's insertion in ING STAR, WASHINGTON REYNOLDS AND BAILEY BODY FOUND IN RIVER Mrs. Rachsel Edwards, colored, ap- peared at the Harbor Police Precinct Station shortly before 1 yesterday morn- ing and excitedly informed Desk Sergt. Frank Howard that her daughter, Mrs. Bemsle Jackson, 22, had gone. to. the dock at the foot of L street southwest for the purpose of jumping overboard. A policeman sent to investigate found her shoes on the dock, but no trace of the woman. Members of the precinct squad soon were on the scene dragging for the body, and when the tide became | low they sighted it wedged between plles of the wharf. “Her body was taken to the morgue, and her husband, residing in the 400 block of Casey's court southwest, ar- D. C, FRIDAY, JUNE 16, 1933. \) VTR flavored combination of pure |der authority of Title II of the new Fed- | the Congressional Record of a speech ranged to have it prepared for bu mineral oil, Psyllium seed and phenolphthaiein. Pleasant to take. Does not gripe. Recommended by physieians. Get a_ generous $1.25 bottle for 89c today at Peoples Drug Stor MIN-ROL-PSYLLIA eral securities act. Its purpose will be to act for American holders of defaulted dollar bonds of foreign governments and corporations. These total more than $1,500,000,000. not take effect until the President “finds that its taking effect is in the public interest, and by proclamation 50 declares.” Secretary of State Cor- dell Hull has advised the President | that some of the foreign nations whose Stock Com an | bonds are in default would regard the | creation o;flt.hedl’ cor&onug Just m;w {38 an unfrien g nsequently, AUTOMOBILE INSURANCE {no immediate cetion is contemplated. | Creation of the corporation undoubt- s . 'egly ;lll lge g;:md‘ ltéea.;t until after e Worl nomic Conference con- at 2 8 0 AVING | Cludes s work: ‘Title II was not contained in the A original securities bill as sponsored by Become a member of the American ‘the administration. It was added on Motorists Association and save 28% u;e floor‘:f Llhi?rsen‘;eh::s the insténlcle ile i - of r am Johnson of Cali- : » | vestigation by the Senate Finance Com- with a refund of 10% at the end of the | mittee into the sale of foreign bonds in policy year. Insure yourcarwithstrong | the United States. The administration stock companies— Keystone Automo- | indicated its willingness to accept the bile Club C: Ity Company and Key- Johnson amendment after it had been stone Automobile Club Fire Com- y— having combined resources of $3,529,000 and nation-wide claims service in the U.S. and Canada. Become a member of the American Motorists Association and enjoy the modified so as to give the President discretion in the matter of making it additional savings and advantages of free emergency road service and tow- effective. To Follow British Pattern. ing, free bail service up to $1,000, free notary service, complete touring It is contemplated that the activities of the corporation shall be similar to burcau service, and others. Join the A.M.A. today. Call: National 6262. those of the British corporation of for- eign bondholders, which has an offi- Annual Membership Dues {No Entrance Fee} $G.00 | cial status and has been in existence | for 65 years. The corporation will take the place of numerous unofficial com- mittees which now represent American holders of defaulted foreign dollar bonds the varying degrees of success. The act states that the corporation shall be created “for the purpose of protecting, conserving and advancing the interests of the holders of foreign securities in default.” Its principal of- fice_ would be in the District of Co- lumbia, but branch offices may be es- tablished elsewhere. ‘The control and management of the corporation is vested in & board of six who shall be appointed by the Federal Trade Commission, which also shall appoint their successors. The first chairman and vice chairman will be appointed by the commission, but their successors in these offices after they cease to be directors will be named by the board itself. Six-year terms are provided for the directors after the completion of initial stag- gered ‘terms. No person shall be eligible to service as a director who within the five years preceding has had any interest, direct or indirect, in any corporation, com- pany, partnership, bank or association which has sold, or offered for sale, any forelgn securities. Board's Powers Defined. With the approval of the Federal Trade Commission, the board may fix, the compensation of its own members |as well as of officers, members of com- | mittee employes, attorneys and agents without regard to the provisions of other laws applicable to the employment and compensation of officers or employes of the United States. The board may dis- miss employes at its pleasure and oth- | erwise 15 given complete power over its a fairs. Under the terms of the act, the board may: | 1. Convene meeting of holders of for- eign securities. | 2. Invite the deposit and undertake the custody of foreign securities which | have defaulted in the payment either | of principal or interest and issue re- ceipts or certificates in the place of securities so deposited. dquarsers Hea BLACKSTONE HOTEL An Entirely NEW 'Dainty Way to Stop Perspiration Trade Mark Pag—Putent Pend. The act provides that Title II shall | A Safe Anti-Perspirant with g Marvelous New “No-Wess” Applicator Only 50e 3. Appoint_committees from the di- | rectors of the corporation and other | persons to represent holders of any class or classes of foreign securities | which have defaulted in the payment either of principal or interest and de- termine and regulate the functions of such committees. Miss Regina M. Haines, president of Tau Beta Phi Natfonal Sorority, Inc. and Miss Myra K. Browne, vice presi- dent, both Washington girls, who were | elected at the convention of the or-| ganization held here last week end. | Miss Haines has announced an_ execu- | tive meeting of the sorority to be held the second Monday in July to formu- late plans for the organization for the coming year. | SRR T i or under the control of management of | the corporation. 6. Collect, preserve, publish, circu- late and render available in readily ac- | cessible form, when deemed essential | or necessary, documents, statistics, re- | ports and information of all kinds in | Tespect to foreign securities, including | particularly records of foreign external | |scturifles in default and records of the progress made toward the payment of past-due obligations. 7. Take such steps as it may deem expedient with the view of securing the adoption of clear and simple forms of forelgn securities and just and sound principles in the conditions and terms thereof. 8. Generally, act in the name and on behalf of the holders of foreign securi- ties, the care or representation of those interests may be entrusted to the cof- poration; conserve and protect the | rights and interests of holders of for- eign_securities issued, sold, or owned | in the United States; adopt measures | |for the protection, vindication and preservation or reservation of the rights and interests of holders of for- eign securities either on any default in or on breach or contemplated breach of the conditions on which such for- eign securities may have been issued, or otherwise; obtain for such holders | such legal and other assistance and ad- | tvice as the board of directors deems | expedient; and do such other things as are incident or conducive to the at-| tainment of the above objects. Board May Levy Charges. ‘The board of directors is given power | to require from trustees, financial agents or dealers in foreign securities information relative to the original or present holders of foreign securities and such other information as may be | required, and to issue subpenas there- for. It may take over the functions of any fiscal and paying agents of any foreign securities in default. It may borrow money and may pledge as col- lateral for such loans any securities | deposited with the corporation. The corporation may at its discre- tion levy charges, assessed on & pro| rata basis, on the holders of foreign securities deposited with it. Such an initial charge may not exceed one-fifth of 1 per cent of the face value of the securities. Any additional charges shall bear a close relationship to the cost of the operations and negotiations and | shall not exceed 1 per cent of the face value of the securities. corporation may receive sub- scriptions from any person, foundation with a public purpose or agency of the | United States Government, and such | subscriptions may at the discretion of | the board of directors be treated as loans repayable when and as the board shall determine. As 2 fund with which to commence activities, the board may borrow $75,000 from the Reconstruction Fi- nance Corporation. Despite the official sponsorship of the corporation, it is stipulated that its activities shall not be construed as | being on behalf of the United States | Government, | | uncomplimentary to Bailey. Reynolds later withdrew the speech with a public apology, saying he had not read it and did not know it con- tained anything uncomplimentary to Balley. Morris A. Bealle, author of the speech, in a letter to Reynolds and Vice President Garner yesterday, asserted, however, that Reynolds had read the speech and knew what was in it. Bailey said he had heard of Bealle’s letter, but had no comment to make. —e Edge Heads Noteholders. NEW YORK, June 16 (#).—Walter E. Edge, former Ambassador to France, has been elected chairman of the Studebaker Corporation Noteholders Protective Committee, it was announced yesterday. Crystal & Diamond $12 Pendants *5 mnu:‘ di;;nondldut in , and white gold medallion makes this lovel; pendant the ideal gift for any girl when she .ln:'u! And you can pay on eur ates or is Confirmed. easy credit terms' America s Oldest Credit Jewelers 1004 F St. N.W. PP i s | for all airline destinations EASTERN AIR TRANSPORT SYSTEM 808 15th Street, N.W. (National 7161) Washington Alrport jonal 3646) WASHINGTON-NEW YORK EVERY HOUR ON THE HOUR <:m 'rluv;.) Information Reservations I 95 50c @ Week! iking and engraved Deserves his “day"l It's June 18th —and the way to cele- ‘brate it is with practi- cal, useful GIFTS like these— DORIC SHIRTS 31.55 —Fine broadcioth shirts with the famous Manhattan label... White and colors in collar-at- tached style...White in neck- band style. The sort of gift a man would choose for himself! Sizes 131 to 17%. Street Floor. six of He knows To ° Flannel and Serge Trousers .73 A very ferns to please €YC qord every one P A xélcye veed for gift BVInE —The smart_ things for Summer ...Correctly cut, well tailored trousers—white flannels and striped white serges, with stripes in varied widths. Very swank with blue, gray or tan ‘sports coats. Second Floor. Basket Weave Sports COATS $10.95 —Blue or tan basket weave flannel coats with pleated back and bellows The coats the well dressed 4. Negotiate and carry out, or assist |in negotiating and carrying out, ar- | rangements for the resumption of pay- | ments due or in arrears in respect of | any foreign securities in default or for | rearranging the terms on which such securities may in the future be held or for converting and exchanging the | same for new securities or for any other | object in relation thereto. Under this!| clause any plan or agreement made | with respect to such securities shall be binding upon depositors, providing that | the consent of holders resident in the | man wants to wear with his white or striped trousers. Second Floor. Sale of 1,000 | i e Fine Panamas and Vanities Lansburghs >/ | 10 comtcnon wm ey omven wismrOn sT0Re [ 17,7 ané § Stop perspiration in a jiffy— without muss or fuss—or drip- ping or spilling. The Perstop :gplkl(or stays in the neck of e bottle—it’s always moist— merely apply it under the arm- pits. Perstop is safe and effec- United States of 60 per cent of the | securities deposited with the corpora- | tion shall be obtained. May Publish Useful Data. “ALL OVER TOWN” ET COMPAN H‘ e - A WE SELL US. GOVER! NT INSPECTED MEATS 311 7th St NW. 3146 M St. N Specials for Friday and Saturday Ih, 100. Beer s 010e »19¢ 0.9 a 123¢ See wBelsin abe STEAK-STERK 5= Young Steer BOLOGNA 1.1 27¢ | Yo " Ground (Sirloin) Smoked Beef | Shoulders Shoulders Dl.lY SUGAR CURED Best Machine Sliced Bacon, Veal Toin Chops 8.20¢ | nemn10c | Eioen ] 23e Yo, 0.25¢ Package Lard LARD-LARD 2mwl1be 0123 ‘_E".‘.. 0.25¢ E':Ixu_23c i""015¢ SMOKED HAMS .. w15¢ fomis 1Q¢! 3o 25| S Local All-Meat Smoked Rausage Sliced Spiced Ham FRYING CHICKENS 2.4 SHORT RIB BOILING BEEF » 5¢ 217e B 0.25¢ F5° 0.25¢ S 0.30¢ LARGE FRESH EGGS «17¢c y Bon 19655 2w Te' a0 The Rose Brand [} Butter compacts, pastel shades. amel compacts French signs — loose style. double. We can't to tell you all the styles— but—whatever ty vanity you desire, it’s un- doubtedly here! STREET FLOOR The famous Flap-Jack in white and Black en- rhinestone powder Dainty cloisonne compacts—single and ; Compacts It’s a scoop! We “scooped” up vanities and com- Manufacturers’ samples, mind you . . . obtained after a thorough door-to-door buying expedition . . . from one end of New York to the other! An artist in attendance, who will monogram vanities, pacts by the hundred! at no extra cost. /‘ IMail and Phone Orders to Jane Stuart, NAtional , with de- begin pe of Plaids, dots, plain colors—shades to blend with any and every Summer costume! Loose powder styles and double compacts. vanities designs, Mondaine vani- ties, shell compacts, square compacts, lope vanities, debutante vanities—shapes and sizes to suit feminine tastes. STREET FLOOR checks, polka Pastel with miniature enve- $3.85 t-weight, closely woven J panama hats—] o in the Special Saturday! Straws. . 5119 —Fine Sennit weaves with all the newest comfort features. Light- weight hats with plain or novelty bands. Kann's Men'’s Store—Street Floor. . ’ Here Are Your Swim Suits “CAMPUS” All Wool Speed Suits . . . —Sturdy suits for a life “on the rolling deep”...Navy, green, sky blue, black and $ maroon. In sizes that run from 28 right . up to 38. “PURITAN” Zephyr Yarn Suits . . . —The_ suits ‘that never get stiff and scratchy...Speed and suspender styles $ . ...Navy, sky blue and maroon. Sizes s 28 to 36. “JANTZEN" Swim Suits . . . —The “King” of swim suits. .. We have all the new models, including the zip- $ per combination, the backless suit and . the popular Speedaire. All sizes 28 to 38. ; and up! " .89¢ 1.50 All-Wool Swim Trunks ... Hawaiian Style Gabardine Trunk: Boys’ Store—8econd Floor. “The Avenus"—7th. Sth and O Sta.