Evening Star Newspaper, June 23, 1933, Page 5

DRAWN-OUT PARLEY: NOW SEEN CERTAIN, | = All Agreements Expected to Be Conditioned on Even- tual Stabilization. BY PAUL SCOTT MOWRER AND NEGLEY FARSON. By Cable to The Star. LONDON, England, June 23.—The World Monetary and Economic Confer- ence is not going to adjourn. It is go- ing to continue for several wecks and perhops much longer. ~his seems certain &s & result of nu- merous private talks among the French, British and Americans here during the Jast 48 hours. All recognize that no fmmcdiate results can be achieved An effort, therefore, will be made to draw up policies, plans and agreements o be put into effect “as soon as pos- sible,” which, in the minds of most of the delegates, means after the United States gets ready to stabilize the dollar. When this stabilization may occur no- body knows. The arrival of Prof. Raymond Moley. Assistant Secretary of State, comm: sioned by President Roosevelt to bolster the American position here, it is hoped, will clarify the point at least partially Some mside American circles feel that stabilization, il approached cautiously and without undue publicity. might be undertaken in the near future. Others consider that it will be risky unless five or six menths arve first allowed for President to begin to give results Probable Parley Trend. Uncertainty thus is still complete. The only thing known is that President Roosevelt has in mind the eventual re- turn to the gold standard, plus the sil- ver standard sooner or later. Consequently the direction the con- ference is now taking can be stated thus: 1. Currency. Adoption of as much as is possible of the resolution of Senator Key Pitt- man of Nevada, suggesting a bimetallic standard, with a reduction of gold cover for currency. 2. Tariffs. Adoption of the Hull or some similar resolution condemning cxtreme eco- nomic nationalism. Since President Roosevelt failed to obtain from Con- gress full powers on this issue, it is considered that this is as far as the United States can possibly go for the present 3. Prices. A statement of a general price-rais- ing policy along the lines of the Cou- zens or some similar resolution, but without binding any one to anything. 4. Production. Agreements, if possible, for restrict- ing the production of wheat and one or two other commodities. A wheat agreement for the moment is being held up by opposition from Australia and Argentina. 5. Private international debts. The setting up of some machinery whereby the differences between debt-| ors and creditors may be equitably arbi- 1 Iy trated: Prolongation of the tariff truce might be added to this list excopl that as | long as the dollar contimtes its recent | violent fluctuations this seems impos- sible. Resolutions by Pittman on currency, Hull on tariffis and Senator James| Couzens of Michigan on concerted pro- | grams of public expenditures, all pre- | sumably in the new American diplo- | matic formula, and issued “by author- ity of the American delegation and in | accordance with the instructions of the | United States Government” have begun | to make plain the American policy. Possibly there will be one or two other | additional resolutions from the Amer-| ican delegates within the next few days Turn to British Policy. Although the stabilization issue now removed from the actual agenda. except _as something to be realized at some future time, the course of the dollar continues to dominate the con- ference. France, Switzerland. Holland and other nations may finally off the gold standard, it is feared, if the dollar continues to fall and if the pound finally follows the dollar. It is, therefore, the British policy which promises to be decisive. British opinion is divided into two strong con- flicting currents. One school, including such radical economists as John May- nard Keynes, Sir Arthur Salter and Sir Hawtry, favors tying the pound to the dollar ‘and letting both go on a €ood and long inflationist spree. The other school, centering around the all-powerful Montagu Norman. governor of the Bank of England, and most members of the present govern- ment. intends to continue to peg the pound to the gold franc at the present evel and let the dollar pursue its own adventures alone Although it is the latter school which firmly deciding the present policies some inside American circles feel that there may be an eventual change lead- ing to a close Anglo-American agree- | ment and resulting in throwing every one off the gold standard prior to some new all_around ‘This internal struggle in the which fin mold British polis undoubtedly one of the vital underlving factors of onference. The final British trend one way or the other will, it is said, powerfully affect the future of the world (Copsright COFFEE NOW.BRAZIL'S BARTER TRADE BASIS Exchange of Goods in Foreign Business Follows Swap With U. 8. for Wheat RIO DE are getting Tollowin JANEIRO (# used to international bar- f r 1 coffec-wheat &wap with No furtk ve been T e gone hook and negotiated ansactions Greek racted to ex country for Brazitan newest deal was b offee ‘Angora governmen t swapping of 3.000,000 poun ish olive o pets for coffee Down in the state of Rio Gr Sul a German trade delegation has been trying to barter steel rails for Brazilian lard, rice and other com- modities, with the state government assisting in the negotiations NAVY FLYERS KILLED Ensign Vorhees and Seaman Are Victims of Plane Crash. S. Ensign Mack E. Vorhees, 27. and J. A. Sheridan. 21. seaman, second class, was injured fatally late yesterday when their plane fell near Descanso, Calif, a mountain resort. Naval Air Station officers said Ensign Vorhees and his mechanic had gone on a familiarization flight over the moun- Vorhee: wes 7vaduated from the Rocsevelt’s domestic policies | be forced | general stabilization at lower levels | Brazilians | DIEGO, Calif.. June 23 (#).— was killed Cruise of the Crew, Give Those Abo BY JAMES ROOSEVELT. ON BOARD -AMBERJACK II CHANDLERS COVE, PORTLAND, Me.. June 23—We dropped anchor in this beautiful spct just after sundown last night. The fragrant odor of Maine pines came offshore to give us quite & kick as we came slowly to anchor. The new Portland fireboat met us and put ,on a display which made quite a pic- !ture. All her pumps were going and | she threw several stresms of water { what seemed to us an astonishin | long distance. We dipped cur color: | reply and gave them three blasts on | the fcg horn. | After puttirg on sail covers and snug- | 8ing down, all hands went below for one j of the cock’s best efforts. distinguished by salmon put aboard by Capt. Ben Pine in Gloucester. A boat from Portland came with a really lovely ship's clock, presented to the skipper by the Demo- cratic women of Portland, Me. All | hands are lcst in admiration as we | turn in. Screens Big Help. Paul Rust's foresight in having | screens prepared for all the hatches | and portholes keeps out the mosquitoes and we have nine hours of solid slum- ber. much enjoyed by all | We make colcrs at 8 am. and pre- pare to get underway at 9:15. There was still no report of John and Frank- lin. jr., and we were beginning to be a little worried. The skipper sends word to get all available information. But just as we put off word ccmes that the boys are aboard the destroyer and | we see them now on the gig on their way here. We'll get their story soon and I'll bet it's a good one. A light southerly breeze yesterday igave us a grand sail drill. first hoisting the fisherman's staysl and FRANCE FIGHTS U. S. TARIFF PROPOSALS: PARLEY WON'T QUIT (Continued From First Page.) amount of these articles which may cross the frontier and this total is apportioned throughout the world { among countries exporting to France. American radios. fruit, _electrical { equipment and machine tools have been | hit heavily by this system. MacDonald Optimistic. Prime Minister Ramsay MacDonald | as president of the conference declared |in a statement to the press this after- | noon that the conference was not going to adjourn. “I am entering the third week with a very buoyant and hopeful heart,” he added. Despite yesterday’s Franco-American rapproachment, which at least tem- porarily ended the currency stabiliza- tion crisis that threatened to wreck the ccnference, the question of adjourn- ment was again raised in the Steering | Committee this morning. | The British prime minister revealed { this in his talk with the press. With a | ep of his hand he added dramatical- | : “But it was laughed off.” Mr. MacDonald said in substance that yesterday’s developments had cleared the air and paved the way for | further progress. He asserted that suc- | cess of the conference depended on the | stabilization of currencies, but pointed out that American difficulties in stabil- | izing the dollar are very real. In any event currency uncertainties i are not going to be allowed to block the conference, the Prime Minister made clear, and “all the work that can g0 on is going on.” General Work Halted. { It was a new MacDonald &ho faced the press. For days he had been fight- ing to save the conference from collapse | over the stabilization issue. All of hiz knack of bringing warring men together | had been exerted, and when the solu- ! tion was found yesterday he was ex- 15| hausted. A prominent member of the Ameri- can delegation. commenting on Mr. | MacDonald’s attitude, #aid: “Thank God, we have an optimist in the presi- { dent of the conference.” | "So far as the general work of the conference is concerned. it suddenly ! dived undergrcund for the most part | Numerocus subcommittees were strug- gling with various momentous problems i behind closed doors. An authoritative source close to the American delegation said that very real and constructive work was being done | by these committees. He added that | the members were imbued with the de- | sire to get ahead and accomplish some- thing. This spadework is likely to continue for a considerable period beéfore the subcommittees will be able to formu- late concrete programs and report to their parent commissions, which. in turn, will bring the proposals before the conference as a whole. Concerned Over Dollar. | High British quarters made no effort | to conceal their serious concern over | the continued gyrations of the dollar but with America’s inability to stabil at this ncture made clear. the British expressed sympathy with the position of the United States. Setretary of State Cordell Hull and James M. Cox held a prolonged dis- cussion during the morning. Mr. Hull and the British prime minister put their gray heads together over cups of coffee in the delegates’ lounge. Finance Minister Georges Bonnet of France and Premicr Hendryk Coliin of The Netherlands, representatives of gold standard countries, were frankly gloomy over the lack of dollar stabili- zation. But M. Bonnet, before entrain- ing for France to spend the week end flatly denied reports that the conti- nental gold countries must join the | United States and Britain in suspending | the vellow metal standard | " Conference quarters in close touch with the developments at private meet- ings of two subcommittees, which are consids 1g the American proposal to return 1o @ definite monetary standard when conditions permit, expressed great encouragement over the attitudes of the various nations in these discussions. | All the important powers were au- thoritatively described as trying to | bring divergent policies together rather than each fighting a knockdown, drag- Fill in Blanks Later. of the gold countries n high conference quar- ers as willing to work out solutions of economic and financial problems in y me. although they ex- the firm conviction that no ents could be reached until tion had been effected subcommission of the eco- nomic commission dealing with com- | mercial policy Delegate di Nola of Italy declared that unless the con- ference does something substantial to abolish import and export restrictions and prohibitions “it will have done nothing worth doing to restore inter- national trade” He said he believed prohibitions and quotas for imports were the worst of all' obstacles to trade., and asserted | that the British proposal of trying to | discriminate between different kinds of restrictions, with a view to safeguard- ing the domestic price level, was too vague. Declaring that any multilateral con- tention for the total abolition of pro- hibitions would include too many ex- ceptions to be really effective, the Italian spokesman concluded that bi- latera] agreements would give the best results Other delegates, mc:(.‘;_m the rep- THE Amberjack II n and Franklin D., Jr., New Members of the ard President’s Vacation Schooner Anxious Moments. | finally the ballooner. The sun was Warm again, so we amused ourselves giving George Briggs messages to wig wag to the destroyer Ellis. A firm in Philadelphia wired an offer to send us a cure for our stove trouble and it sounded so good we sent for it.| The_officers and men at Portsmouth Navy Yard sent greetings to the skipper and he returned his thanks and best wishes. Eat Grayson’s Ham. For lunch the cook broke out the Virginia ham sent us as a gifi from Admiral Cary T. Grayson in Washing- ton. We saw by the newspapers that his horse won the first race at Rocking- ham yesterday, so we sent him good luck and thanks At 5:10 pm. the skipper ordered the engine started as we were bucking a head tide. Picked up our three new members of the crew about 7:30 off Portland. We revised our sleeping ar- rangements last_night because of the new arrivals. The skipper, of course, stayed put, but the rest of us divided up into watches of three, three and two and rotated sleeping aboard the destroyer Bernandou at night. At Wheel Nearly All Day. The skipper has been at the wheel nearly all day, which reminded me of an incident typical of him. Wednesday in Annisquam we discovered that Ames made this his homeport, so immediately the skipper turned over the wheel and command to him and Ames took u through in grand style. Wednesday at Little Harbor the first mate vas ac- corded the same courtesy. It's little things like that which make the crew s0 strong for the skipper. We sent one of the destroyers ahead to Portland to pick up Franklin D, jr. and John. (Copyright. 1933.) RUSSIANS FEEL OUT * DELEGATES OF L., Seek Sentiment on Recogni- tion and Possibiltiy for Credits. By Cable to The Star LONDON, England. June 23 —Rus- sian flirtations with the American dele- gation to the World Monetary and Eco- nomic Conference were thrown into the spotlight today by a rumor that British | Prime Miaister Ramsay MacDonald is |lunching with Maxim M. Litvinov, Soviet foreign commissar. It is known that Scnator James Couzens of Michigan saw Valerie I. Mezhlauk, chairman of tHe Soviet State Planning Department. Mezhlauk, it is stated. offered to place an order for | $1,000,000,000 worth of goods in the United States provided he got 10 years' | credits. Payment would be made in Russian state notes to be taken up dur- ing that period Assured of Progress. | On the political side, Litvinov se- | cured an interview with James M. Cox of Ohio, another American dele- gate. His aim was to sound out the| United States on Russian recognition. | Cox, it is reported, told Litvinov. “gour | cause, I can assure you, is making good progress in America.” MacDonald’s alleged luncheon with Litvonov has both political and trade | significance. At the present moment | the British have a trade embargo| against Russian imports in retaliation for the sensational trial of five and the imprisonment of two British en- gineers in Russia. The Russians say | that the matter is now a question of | prestige and will not release the pris- oners until the British lift the trade embargo. British die-hards only got the em- bargo through their own House of Com- mons on the promise that it would ex- pire on July 15. This time is now draw- ing dangerously close. The Russians have been sitting pretiy. as they know it will cause an interior Britich political sensation when the question comes up in Commns whether or not to continue the embargo | Poles Also Dickering. Both the Liberal and Labor parties are vpposed definitely to continuing the embargo. Several moderate elements in- side the British Conservative party are also opposed. British exporters also want the embargo lifted so as not to lose what apparently are pending Rus- sian orders. The British, therefore, are anxious to get a contact with the Rus- | sians, as they see the Russian-American talks commencirg. It is also known that the Poles are dickering with the Russians on big orders. Franco-Russian relations naturally are ever further improved by | the conflict of Franco-American mone- | tary ideas at this conference. If the | United States hesitates to give Russia | a further extension of credits and | holds out no real hope of recognition. the Russians intend to place all orders in France for which they can secure credit The Germans also are interested in an early renewal of Anglo-Russian trade relations. as it was with a favor- able balance of trade with Great Bri- tain that Russia in the past paid its debts to Germany. «Copyright. 1933.) Lone Seaman on Voyage. HAMILTON, Bermuda. June 23 (/) —Capt. H. V. Hutson of the British Royal Naval Reserve, was beginning to- { day a lone voyage across the Atlantic to Gibraltar, via the Azores, in & 70~ foot cutter. Hutson left Hamilton ! Harbor yesterday after a harardous trip from the Virgin Islands i resentatives of Nor: and Belgium, felt that an international convention would be effective | A document submitted by the League | of Nations secretariat outlined the fol- ng three proposals for abolition of prohibitions and restrictions By Norway—To adopt as a basis the | Geneva_convention of 1927 | By Britain—A declaration that all import prohibitions adopted on the grounds of commercial policy should be EVENING STAR, WASHINGTON, D. C., FRIDAY. JUNE 23, 1 IROOSEVELT PUSHES AMBERJACK NORTH Two Sons Added to Crew. Rumor of European Trip Brings Denial. | By the Assoclated Press, | PORTLAND, Me. June 23—The Amberjack II, vacation schooner of | President Roosevelt, with three of the | four sons of the Chief Executive aboard \got away from Chandlers Cove. off Chebeague Island, at 10:30 am. (East- ern daylight time), today for a run | which was expected to bring it into | Rockland Harbor, 90 miles “Down East,” before nightfall | John and Franklin, D., jr, students Iat Groton School, joined the crew here | 1ast night, but slept aboard one of the | accompanying destroyers because of | ack of accommodations aboard the | smail schooner. { They boarded the Amberjack again . this morning for the day's sail. Denies Rumored Trip to Europe. | Meanwhile, Stephen T. Early, presi- | dential secretary, denied today that the Chief Executive would go to London Rumors that the President would | dash across the Atlantic on the cruiser { Indianapolis in & bold attempt to swing !the World Economic Conference into line with his views have been current and have as often been denied. The latest rumor came from Province- town, Mass, where the Indianapolis, on her way to pick up the President At Eastport, Me. after he completes his cruise up the Maine coast. laid over last night. The announced plans call for the cruiser to take Mr. Roose- velt back to Washington. Won't Go to London. Early was contacted aboard one of the two naval destroyers that are guard- ing the leisurely vacation sail of the President. He said Mr. Roosevelt “has no plans nor intention to go to London.” | The President today proudly displayed | a ship's clock presented to him at the | Chandlers Cove retreat by Mrs. Charles T. Donahue, Democratic national com- mitteewoman. in behalf of Democratic women of Maine. He acknowledged the gift by wireless. Gov. Brann of Maine will meet the President at Eastport next Friday. An electric blower is en route to the Amberjack II from Philadelphia to aid the yacht's crippled stove. Dividing His Crew. Skipper Roosevelt is dividing his crew of nine into three watches, using six on the Amberjack and sleeping three, on off watches, on the Bernadou. The three new members have been mixed with veteran members of the crew. The Portland fireboat gave a salute with three nozzles as the Amberjack pulled into Chandler Cove at sunset last night. The sun was shining bright- ly for today’s 9 o'clock departure, with & northwest wind prevailing. Skirting out beyond Portland Harbor at sunset last night, Mr. Roosevelt put !into the well sheltered Chandlers Cove off Great Chebeague Island in Casco Bay. He was in better position there to resume his northward journey toward Campobelio Island, just over the border in New Brunswick He sent the destroyer Bernadou into Portland to pick up the eager boys and they boarded it early last night, spend- ing the night aboard and joining the President this morning. There are sleeping quarters for only six on the Amberjack and these are very crowded. With Franklin and John cn ‘board, it is planned to have two of the crew sleep each night on one of the accompanying destroyers. Flotilla Starts Early. The flotilla of accompanying destroy- ers, yachts and power cruisers set out early this morning to fall in behind the President skipper and his trim schooner. Making the most of three days of favorable weather, Mr. Roosevelt has caught up with his original schedule, { which would bring him to Campobello on_June 28. The cruiser Indianapolis is already far up the coast ready to take him aboard for the return dash to Wash- ington, beginning around July 1 The folks of Portland were out in the harbor last night awaiting the President. but he switched his plans late in the day to make for the Chandlers Cove retreat amd give him a good posi- tion for today's start. Clear skies and favorable southeast and southwest winds pushed the Amber- | jack II easily along the Maine coast Vesterday afternoon. Land was in sight | at almost all stages. | | John Takes Bumps. On his wi to join his father in sailirg the heaving seas off the coast of Maine, John Roosevelt, youngest son of the President, experienced a pre- liminary shaking down last night 1bolished, except those recognized inter- nationally. | By the United States—The sugges- tions made yesterday for complete and auick removal of embargoes, import quotas and other arbitr: sidering that no general measure in the matter of prohibitions—as also in re- gard to tariff questions—could be adopt- ed as long as the currencies of the) principal states, as well as those of the | parties to the contemplated convention had not been stabilized The French proposal for a truce on| quotas and prohibitions, excluding agri- | cultural products, drew fire today, par-, from Italy, which holds that the agrarian states are just as hard hit by the crisis as industrial countries and are harmed by prohibitions and quotas | on_agricultural products. Meanwhile a technical subcommittee of the subcommission for re-establishing an international monetary standard wrangled over the question of monetary | gold. The subcommittee finally ex pressed general agreement with the view that under modern conditions monetary ®old s not required for internal circula- tio; i | Morgan at Harvard BANKER TAKES PART IN COMMENCEMENT. | ¥ A-S e AL SMITH DEFENDS * FEDERAL POLIGES Tells Harvard Alumni Major- ity Rule Must Be Main- tained. | By the Associated Press. CAMBRIDGE, Mass., June 23.—A tred Emanuel Smith, who obtained his early ng in the college of hard yesterday by th on of higher niversity con- ferred upon him the degree of doctor of laws T Quadrange, as university brought its 297th vear to a close, the former Governor of New York received his diploma from the hands of A. Lawrence Lowell, re- tiring pres dent, amid a storm of ap- plause. Outlines Program. A short time later. speaking before the Alumni Association, Smith laid down a three-point program for the | Nation's future. “First,” he said, “we must preserve at | all costs the rule of the majority: when . fresh from the banking quiz in Washington, took part in ' nt exercises He is shown her tly be terday. o his vest, d Lowell awa AUSTRALIA HOLDS CRAIN PARLEY FATE Russia, Argentina, Canada and U. S. Agree on Acre- age Reduction. Pres June 23 —Australia’s ac- a wheat acreage reduction all that was lacking today mation of a five-power agreement described as an international enlargement of certain provisions of the American farm relief bill Russia and Argentina are the latest nations to join Canada and the United States in the gigantic proposal. One part of the plan provides for curtail- ment of acreage, perhabs by 15 per cent, by the four great exporting countries— Argentina, Australia, Canada and the United States. Russia, to the great surprise and pleasure of delegates, joined in the other part of the plan to limit wheat exports. Confident in Success. Henry Morgenthau, sr.. technical ad- viser to the American World Economic Conference delegation. who has been prime mover in efforts to enlist the biggest wheat producers in the move- ment for increasing prices, is confident Australia, too, will Join “All that remains now is the settle- ment of actuarial details” the New Yorker asserted. He said the plan pro- vided for “reduction of acreage and an arrangement as to maximum exports.” He hopes also that Danubian countries will participate. Maxim Litvinoff. Soviet foreign com- missar, accepted the agreement on ex- ports, and Thomas Le Breton, Argen- tine representative, accepted the entire propesal yesterday on behalf of thei government Stan. Bruce of Au tralia was in touch with Canbyra. Await Canberra D on. One American, sharing his colleagues’ joy at the progress of their plans, de- Scribed the development as “the big- gest thing that has happened so far in the conference.” Should Bruce hear favorably from his government. the wheat delegations were prepared to meet today to draft the agreement for presentation to the conference Smaller producers then asked to enter the pact. By the Assoc LONDON, ceptance of scheme was for the cons would be astride the rear mudguard of a motor cycle policeman’s mount After parking his automobile in a garage some distance from t water- front, Jokn accepted the patrolman’: offer ‘to_transport him to the Portland Yacht Club float. There he was to board a destroyer's gig and sail down Casco Bay to the sheltered cove where | the Amberjack II rode at anchor. The motor cycle had no side car or rear seat, so John perched himself upon the mudguard, clinging grimly to the patrolman's back as they jolied their way to their destination. Harvard Univers in the procession. man in uniform. 1 | DON'T ENVY HIM §I This chap has ' no copyright on keeping cool . Cambridge. Mass., yes- | with glasses & President A. Lawrence —A. P. Photo. FRANGE FAGES TEST TOMANTAN G0LD Experts Fear Drop of Dollar Will Force Abandonment of Standard. X Associated Press. PARIS, June 23—The real test of France's ability to stay on the gold standard is about to begin, financiers said today Opinion is divided on whether the | franc can hold out with the United States inflating. Government experts, regardless of their public declarations, | are said by responsible commentators | to be fearful that France will be forced | off gold if the dollar drops a few francs | further. | The Bank of France still maintains | that only the Government's failure | completely to balance the budget and | to_cconcmize, or a panic among the | people, can shake the franc. The bank expresses confidence that the enormous hoard of gcld is ample protection. Expects Return t« Gold. Before the franc can be shaken the | United States and other countries will | find instability unprofitable and will re- turn to gold, in view of the Bank of France. | PFinancial experts who fear that France may be abliged to leave gold say that the dollar at 17 francs or there- abouts would destroy the remainder of French trade, and the diminished busi- ness would undermine confidence, com- peliing France to follow America. The pre-Bourse quotation today was a lit- tle more than 20 francs to the dollar. The government, foreseeing difficul- ties, is sceking a better commercial line-up in Europe. Seeks Trade Harmony. i Albert Sarraut, minister of colonies, | declared at the World Economic Con- | ference in London that France with | her colonies can be self-contained. This declaration was followed in Paris by a | series of conferences held by Foreign Minister Joseph Paul-Boncour with the little entente nations. (Termites) Cause $40.000.000 Damage Annually to Weodwork in Homes and Buildings GUARANTEED TREATMENT Vacating Unnecessary—Free Inspection Terminix Co. of Washington 1102 National Press Bldg. Z - Saturday Special | Roast Leg of Baby Spring | 50c | Mushroom Pattie, Soft Shell Crab on Toast Lamb, Sweetbreads and Other Dinners, 55¢, 6! 5¢ @oliierFan | oooatotthrakk ik AIR-COOLED DI! NG ROOM ‘ 18th §t. and Columbia R for a Bond Linen Suit Don't envy him— follow him! Treat yourself to a crisp Bond Linen, with a load of eye-appeal; and a liberal dash of price appeal. These come from Ireland —and that means there are none finer. Single or double breasteds, all $8,50. Extra trousers are $2.50 BOND F STREET 1335 N W. . 1 r the majority speaks that's the end of it. ‘Second, keep your eye on the Con- stitution. That's the best guarantee and safeguard of democracy. _ “Third, let Harvard and other Amer- ican universities keep open the doors, without reference to race and creed, to every ambitious voung man, and then no matter wha. else happens to us, we are bound to be safe.” Time to Clean House. _Earlier in his address Smith made light of the idea that the United States was_drifting toward dictatorship, but struck strongly at rule by minority. The former presidentia) candidate as- serted that the present is the time for | the Fedeal Government to put its house | in order. | “Let's have a thorough and complete reorganization,” he cried “Lets put the ship of state in the dry dock and scrape off the barnacle:.” OWNER OF FARM”{S 7HEL|) IN DEATH OF 4 IN FIRE Man Accused After Caretaker Tells of Alleged Threats Against Slain Family. By the Associated Press SEATTLE. Wash.. June 23 —Threats to “wipe cut” an entire family, Sheriff Claude G. Bannick said today, were made about two weeks ago against four perso charred bodies were in the ashes of a burned farm whose sheriff said that Frank La Vergne. elderly caretaker of the ranch until a week ago. describec {lie threats at Taccma. The sheriff quoted La Vergne as sayine e threats were made by George Coyne, ovner of the farm. Coyne was arrested The victims were Arthur Stone. 33; Il:. Vera Stone, 30, and her two chil dren by a former marriage, Jean, and Gloria May. 6. PLAN EXCURSION Ninth Street Christian Church Members to Go to Beach. Approximately 700 persons are ex- pected to attend the annual excursion to Chesapeake Beach tomorrow spon- scred by the Ninth Street Christian Church. Races and games are included on the entertainment program. The McKendree Methodist Church and the Phil Sheridan Woman's Relief Corps of the G. A. R. also will hold excursions to Seaside Park tomorrow. 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