Evening Star Newspaper, July 6, 1933, Page 3

s SPECIAL NOTICES. able request 5 p.m. Cen Coo;iludlwxlum 2 I WILL NOT BE RESPONSIBLE FOR BIL unless contracted by myself JAMES COP- PERTHITE. 4930 Canal rd. nw. ___§ v COLLECT YOUR ACCOUNTS FOR “e. with our ‘spreialized collection service. ersonal call nietaods used and satisfaction guaranteed. _Call NAtional 0780. 5o CIAL, RETURN-LOAD ON FULL fg(fculn loads to all points within 1.000 miles: padded vans; Euaranteed serviccs lo- s cal moving also _Phone NA. 1400, DEL. ASSOC.. INC.. 1317 N. B Eve . 0 Y. ave. WE WILL SELL AT G. EICHBERG. tioneer, 1 R st. n.w., at 12 noon, July ¥, one Velie Sedan, motor No. V. 8. 36238, 1 12504; one Stutz 19206 Sec Ci TECHNICIAN, CHAS. Reed Hospital; now . ORTHOPEDIC BRUSCH;_14 yrs. Walter with J. E. Hanger. Inc. 221 G st.’ n. BRACES., 'ARCH SUPPORTS a special Pprices reas.; satisfaction guaranteed. _9¢ CHAMBERS 1,01 ot the 1y est undertakers in the world. Complete funerals as low as $65 up. 6 chapels. 12 parlors, 17 cars, hearses and ambulances, 25 undertakers and RAINY DAY ROOFS COMPANY North 4423 Treasury Department Office of the Comptroller of the Curremey ‘Washington. D. C. y 20. 1933 to_all persons who a: Notice 1s hereby given may have claims against ‘“The Commercial National Bank of Washington.” District of Columbia, that the same must be presented to Robert C. Baldwin, Receiver, with legal proof thereof within three manths from this date or they may be disaliowed. J. O'CONNOR. Comptrolier _of the_Currency. INUTE ) YSTERY| Dr. Fordney is professor & famous university. His sought by the police of many cities when fxg';\(rnntrd with particularly baffling cases. is problem has been taken from his case- ook covering hundreds of criminal investi- ations. MURDER ON THE WHARF. ROF. FORDNEY bent over the body of derelict Joe propped against a pile extending above the wharf. The front of his ragged clothes were stained with blood from a knife wound in the heart. Eves staring, head sagging on chest, arms sprawled at his sides, extended legs, with toes pointing out- ward, presented a picture of utter re- Jaxation had it not been for the evi- dence of violence. y Gad, Ford- ney,” exploded In- spector Kelley, “he might have been stabbed while doz- ing. Take the body away,” he com- manded the officer In charge, after the doctor had made his examination and reported that the wound was mbout 3 inches deep. “Poor old devil!” The professor’s attention was at- tracted by two freshly blood-stained, newly-carved initials in the pile, pre- viously hidden by the back of the body. “G. V.” Could the person who cut them have stabbed the derelict? And why was the tramp steamer Katle prepar- ing to leave port so suddenly? Was the murderer aboard? of eriminology at advice is often Milligan, first mate of the Katie, said | he had seen Joe sitting on the whart most of the morning, arms hugging his knees, smoking a corn cob pipe. While busying himself about the deck shortly after noon, he saw a fellow sneak along the wharf and stab Joe. He believed | the old fellow must have been asleep, @s he made no attempt to escape his murderer. He hastily made his way to the dock, but the assailant had | fled. As it was obvious he could do| nothing for Joe, he had called the| ng"‘ No, he had not touched the ly. WHY DID FORDNEY HOLD MILLIGAN UNDER SUSPICION? (For Solution See Page A-10.) Perhaps you have a story or problem you would like to submit to Prof. Fordney. If 80, send it to him care of this paper. He wiil be delighted to receive it. (Copyright, 1933.) STEAM RAILWAY JOBS SHOW APRIL INCREASE Higher Employment Reported to I. C. C. for First Time Since Last October. By the Associated Press. Class 1 steam railways reported an fincrease in employment to the Inter- state Commerce Commission during April for the first time since last Oc- ber. Statistics released today by the com- mission show that 925485 men were employed on class 1 steam roads during April as compared with 919,881 in March. However, the compensation of the men showed a decrease. payments during April amounting to $107,403,704 &s_compared with $110,607,067. March was the lowest in number of gnen employed of any month since 1889. 6« HAVE often wondered,” United States Marshal I Haines said, “just which is the oldest and most per- sistent of the rackets. I found that this one is old enough to suit any one.” \;‘E‘RS To ) °" SIR FRAN ’ —heirs to a “Stock market?” suggeshd In- spector Willing. “Nope,” the Federal man re- torted. “Heirs, that’s it. Every year or two we grab a bunch of operators for pulling the ‘heir to a great estate’ racket. The estate of Sir Francis Drake is the fa- These exposures of rackets are printed to ad: and his | : NATION IS BACKING PRESIDENT ON GOLD -|General Approval of His Stand Toward France Found Here at Capital. BY MARK SULLIVAN. ‘The strong and general disposition in ‘Washington is tq stand by Mr. Roosex velt'’s note of Monday to the London Conference and to consider that its imperativeness was justified. The na- tions on the gold standard, led by France, had evolved a resolution and asked us to agree to it, which, in some words of elusive meaning, would have . | morally obligated the United States to support France in remaining on the gold standard at the present gold con- tent of the franc. The United States does not wish to be so committed di- rectly or by implication. Prevailing American opinicn is that the countries remaining on the gold standard are likely to be obliged by circumstances to the | depart from it, and that this will be wholesome because it will tend to further a higher world-level of prices. ‘The same opinion holds it is unrea- sonable for the Logflon Conference to expect the United tes to go back on the gold basis at a time which is less \than three months after we went off. | Great Britain went off a year and 10 months ago, is still off, and is not pre- pared to say when she will return, or even whether she will return at all or not. When France some years ago went off the gold standard she remained off some four years before she felt matters had sufficiently stabilized to return. America, having gone off only in April, is entitled to more time for conditions to develop to the point where she should return. Ome gathers it may be a con- siderable time before the United States gives thought to getting back on the gold basis, if indeed we ever go back. Doubt About Returning. ‘To readers, the phrase “if we ever go back (to the gold standard)” will come as a surprise. Yet the fact is there is doubt about it. The doubt arises out of | the following words in Mr. Roosevelt's note of Monday to the London Confer. ence: “The United States seeks the kind of dollar which a generation hence will have the same purchasing power and debt-Laying power as the dollar value we hope to attain in the near future.” As the words were used in Mr. Roose- velt’s note they expressed merely a gen- eral aspiration. The words imply what some economists call a “managed dollar” or a “commodity dollar.” There is no sign, however, that any thought has been given to any particular form of managed dollar. Probably nothing will be done about it for some time. One would infer that the problem of a dollar with a permanent fixed purchasing power would be approached, whenever it is approached, not primarily as a currency problem but rather as a com- modity problem. We can conceive that the administra- tion, through the farm relief act, may hope to maintain a permanent fixed price for wheat, cotton and other farm commodities. We can conceive that through the control of industry act, | attempt might be made to maintain similarly permanent fixed prices for | other commodities. Average Would Determine Value. The average of many fixed commodity | prices would determine the fixed value | of the dollar. This method would con- form to suggestions some economists have made for a non-fluctuating dollar. One of the suggestions is that we should continue to have a gold dollar, but that the quantity of gold contained in it should be changed from time to time. When prives of commodities tend up- ward, the gold in the dollar would be reduced and vice versa. What is said here about the future dollar is indefinite. Nevertheless this is all that can be said. The facts are indefinite. Probably the question most in the minds of business men, bankers and others is just what the American dollar will be a year from now. No j answer can be given because no au- thoritative thought has been given to it. All that is positive is that we shall remain for an indefinite time as we now are, with the dollar off the gold basis and changing in value. It can be assumed safely that the tendency of the change will be slightly downward in value. This is the same as saying that the tendency of commodity prices as a whole will be slightly upward. Sometime, somewhere, the upward tendency of prices will come to an end, or be brought to an end. There are signs that the administrators of the farm relief act consider the price of wheat to have gone as high as they deem desirable at this time. There are similar signs that they regard the prices of some other farm commodities as not yet high enough. As to com- modities generally, the signs are that they have not yet reached the height which the adminjstration regards as a desirable level. (Copyright, 1933.) Tinted Toes Street Fad. ‘Tinted tocnails are flashing along the pavements of London, England. For several seasons colored toenails have been considered smart at the beaches. Now the ides seems to be gaining vogue in the city. Girls wearing opén leather sandals reveal scarlet-tinted toes to the public gaze. s a rag](ez‘. JamesyE. Grant. vorite. Some English criminolo- gist checked up and found it was being used 200 years ago as the basis for a gyp. “The usual method of operation is to work by mail. They notify the sucker that he is one of the ™me €5‘h‘£ great estate. heirs and will share in the division of untold millions. They offer him a chance to share the legal ex- pense. One mob we caught had | taken in close to half a million | dollars. You know, where there is a will, there are relatives—and some one to gyp them.” and protect the public. (Copyright, 1933.) THE EVENING STAR, WASHINGTON, D. C., THURSDAY, JULY 6, 1933. REASSERTING OUR INDEPENDENCE. - \, ‘l /4’/ b/ Recovery Dreams Fade 66 Nations Give Up Early Hope of Economic Improvement When Gold Proves to Be Too Great a Stumbling Block. By the Associated Press. Dreams of an economic Utopia where- in fairly-priced goods would move free- ly and there would be few problems of | debts and unbalanced currencies were brought to the World Economic Confer- ence just 24 days ago by delegates from all parts of a suffering world. Today these visions of economic equality, stabilized currencies, higher prices, controlled production, freer trade, co-operation, capital movements and economic equilibrium have largely vanished—so far as the world as a whole is concerned. Most of the 66 delegations were ready to abandon this huge assemblage, which in the words of the League of Nations Preparatory Commission was called “to seek & comprehensive program of world reconstruction.” Of seemingly irrecon- cilable views on one problem they set out to solve, stabilization caused them to_throw up their hands. While the Agenda Commission listed six major topics—monetary and credit policy, prices, resumption of movement of capital, restrictions on international trade, tariff and treaty policy, and or- ganization of production and trade— each delegation of statesmen and ex- perts had formulated its own prescrip- tions for the world’s ills. Gold Stumbling Block. Broadly, they seemed to agree that a few adjustments would bring back pros- Tity— pet Readjustment of currency exchange levels. -2. Lowering of trade barriers. 3. Price and production stability. But from the start the first point on the Preparatory Commission’s agenda, the gold standard, was the stumbling block. Most of the suggestions the various representatives brought, optimistically, to the parley got no farth{r than the first general explanations offered by delegation spokesmen at the initial plenary sessions. Here is a brief outline of what sev- eral countries. hoped—or at least were said to hope at the statt—would be ac- complished: ‘The United States—Stabilize the cur- rencles of the world, at least those of the major countries (President Roose- velt recently called this impracticable for the present); increase the price of silver and restore it to something like its old place in the world’s currency scheme; start a resumption of the flow of international capital; reduce tariffs. Germany—Lower trade barriers, sta- bilize currencies, remove restrictions upon the exchange of monies between countries, thus relieving unemployment; return to gold, reduce crop acreage. ‘Brazil—Open markets for coffee, sup- port movements tending to lower trade walls and release “frozen credits.” Spain—Co-operation in tariff reduc- tions. Russia—Obtain economic non-agres- sion ts, procure credits for imports. Be&:‘ \—Suppress all hindrances to Scandinavian countries—Loosen mar- kets for wood, general reduction of tariffs. Significant Remarks. Ttaly—Restabilization of the lira on a lower basis, reduction of tariffs, a re- turn of other nations to gold; elimina- tion of exchange restrictions, drastic scaling down of international debts by exchanges of and services. France—Stabilization of the American dollar and the British pound, general use of gold as a monetary standard, limit production of primary commodities. Great Britain—Raise prices of raw products, remove trade restrictions; sta- bilize. (Prime Minister MacDonald, con- ference chairman, said: “The all-com- prehending problem is how to get the riches of the world enjoyed by the peo- ple who dwell in it.”) These remarks, made early in the conference, also are significant now: Neville Chamberlain, British chancel- lor of the exchequer—Unless each of us is prepared to give something in order to secure agreement—if, in short, this Somiathe expectations and. hopes of all am; e and hopes of tbe world—then, indeed, it would be well that the conference never was called. James M. Cox, American member (as he sailed for London)—If the world is sick enough to have gained any sense the conference will be a success. Finance Minister Georges Bonnet of France—Currency stabilization is a fun- damental problem for an armistice to end economic wars. Failure of the con- civilization itself. Japan’s policy is to get rid of all trade barriers as soon as possible, and for | that reason alone I warmly welcome the | opportunity now afforded. 4 PHILCO BATTERIES 83 lJ95 With your old battery. WAS A Westinghouse May Be Yours for as little as Ao pay Immediate Mounting of Tires DRUG CLERKS FIX CODE $50 Minimum Weekly Pay Sought for Pharmacists. CHICAGO, July 6 (#).—The Na- tional Association of Drug Clerks yes- |terday ~recommended adoption of & | code calling for a minimum salary of $50 a week for full registered pharma- cist employes and a maximum working week of not more than 60 hours. The recommendation was made to the Code Committee of the Drug Institute of | America. A minimum salary of $30 a week’ for assistant registered pharmacists and $10 for apprentices was proposed. Check These Low Prices: (U. 8. PEERLESS) o 185 5.50x19. ... 8.50 ( [ 14th and P Sts. N. W. 7th and Pa. Ave. 8. E. 9th and H Sts. N. E. 14th and Col. Rd. N. W. 2250 Sherman Ave. N. W. HINGTON OWNED & OPERATED DAVIS RETURNING - FOR PARLEY HERE Plans Talk With Roosevelt as| Geneva Arms Conference Recesses. By the Associated Press. Because his presence at informal arms is not regarded as necessary at this e, Ambassador Norman H. Davis has delayed his re- turn and was on his way to Washing- ton today to confer with President Roosevelt. ‘The Arms Conference is in recess un- til September but conversgtions be- tween representatives of various nations had been planned meantime. Davis, Ambassador at large who has represented this Government abroad in disarmament negotiations for several years, had intended to sail for Europe this week but his time for departure is now indefinite. | ‘Acting Secretary Phillips of the State | Department will participate in the dis- | cussions with the President late today. Davis returned to America about a fortnight ago, taking advantage of the | recess to attend the recent wedding of his son and confer with President Roosevelt. In announcing Davis’ intention to| visit America. the State Department at | the time said he would return almost at once to Europe. s ‘The Ambassador left New York this morning by train for Washington, ac. companied by Allen W. Dulles, an ad- visor to the American arms reduction delegation. | I ravies | £ | GULDENS ‘ Mustard ‘ cnnzlbzn’s o CAFE o Since 1886 427 11th St. N.W. After 47 years of servi folks ot Washineton " snd® vaitors from all over the Nation. we are not content to tion for the FT! Sea Food Meals HIO% T0%e are constantly steiving o imbrovement. 2 Friday 50 Special. . . .. Little Neck_Cl Chowder. Fried or Real Beer or Coffee Served From 1AM to 1 AM. A Clothing Sale that sets a new mark There’s no denying prices are on the up and up. Fact is— placing our orders for Fall we're already agreeing to pay consid- erably more—even more than you'll pay for these suits—which are just as good in every way—quality of weave, character of craftsmanship-—and designed by our two exclusive sources of supply are just as desirable in style. But they are this Spring’s stock—and the Mode creed says—every garment out in its own season. So think of what you'll be buying—and what you'll actually be saving. Reduced prices become effective at once— Every Fashion -Park Suit - (year-around weight) and Every Top Coat Regular prices, $38 to $55 Now $25.75! Unprecedented—but it means just _what it says—unrestricted choice. Every Glenbrook Suit (year-around weight) and Every Top Coat Regular prices, $22.50 to $35 i $1 9.75! ' It’s a shame to make such sacrifices —but our policy is a fixed ' rule. There will be no charge for alterations The Mode—F at Eleventh Street