Evening Star Newspaper, July 10, 1933, Page 1

WEATHER. (U. 8. Weather Bureau Forecast.) Fair tonight and tomorrow; change in temperature; gentle winds, mostly northeast and east. Temperatures—Highest, 82, at yesterday; lowest, 69, at 4:30 terday. Full report Closing N. Y. Markets, Pages11,12&13 little 2 pm. m. yes- on Page A-9. Z b — No. 32,577 Entered as second class matter post office Washington, D. €. @b ‘WITH SUNDAY MORNI NG EDITION ¢ Fpening Star. WASHINGTON, D. C, MONDAY, JULY 10, 1933—TWENTY-EIGHT PAGES. *¥#¥ PARLEY TO QUIT JULY 26 | UNDER TENTATIVE PLAN; FRENCH SEE -DE < 15 Days’ Work on Hand, Chiefs Feel. DELAY DECISION ON CURRENCIES Favorable Report on Silver Due This Week. By the Associated Press. LONDON, July 10.—The Steer- ing Committee of the World Eco- nomic Conference today decjded tentatively that the parley would be adjourned on or about July 26, 1t was said in well informed quar- ters. 3 % This decision was taken at a meeting of the committeer which found that the deadlock over the question whether monetary mat- ters should be discussed remained snbroken. The Monetary Commission of #he conference, however, at a meeting later today voted 23 to A8 to retain all the original ques- tions on the agenda for treatment in the further work of the con- gress. Seen as Defeat for France. This vote by the monetary group was seen as a defeat for France and her gold allies, but the strength of the opposing minority was enough to indi- cate the size of the difficulty which has arisen over the futufe program. The Steering Committee, which is composed of the leaders of the con- ference. agreed to eliminate subsidies and ccmmerciel policy—including tariffs and quotas—from the further delibera- tions. This vote agreed with the gold bloc’s desires. Currency Issue Undecided. ~ The committee, however, was unable to decide whether monetary questions, which the European gold countries say cannot be dealt with until stabilization is realized, should be treated, and asked a drafting committee to ccnsider this controversial matter and report to the steering group tomorrow afternoon. After today's meeting it was stated that the conference would be adjourned on July 26 for an indefinite pericd, perhaps two months. In the meantime the conference would complete such work as is possible in view of the disagreement between the gold bloc and the non-gold countries. Ccmmittees would be appointed to pre- pare resumption of the deliberations in the Autumn. It was understood the Steering Com- mittee feels that sufficient work can be found to keep the conference going another 15 days at least. Developments in that period might even justify further ‘continuance cf the sessions beyond that date. Some of the non-gold countries’ dele- gates indeed predicted that events Would warrant further continuance, al- though the gold bloc professed to see little use in keeping on with the dis-| cussions even for-the present. b Conflict Fails to Develop. It had been expected that there would be a hot fight in the committee which guides the course of the cenclave over the question of continued discussion of monetary matters—in other words, a battle between the United States and her followers, who wish to deal with virtually the full original agenda, and the gold countries, headed by France, who demand elimination of monetary subjects. The conflict did not develop, however, because the monetary commission thus far has been unable to agree on what agenda it should recommend. This commission will try again to reach a recommendation and report it to the Steering Committee tomorrow. Hendryk Colijn, Dutch prime min- ister and one of the leaders of the conference as well as an ardent sup- porter of the gold bloc, told the Asso- ciated Press atter today's meeting that (Continued_on Page 2, Column 8.) FACTOR ABDUCTION REMAINS MYSTERY Wife Believes Kidnaping Bona Fide and Will Offer $10,000 for His Return. By the Associated Press. CHICAGO, July 10.—The disappear- ance of John Factor was as much & mystery today as it was the morning his abduction was reported, nine days ago. Local authorities sald that Mrs. Rella Factor, the missing speculator's wife, apparently was convinced that Factor’s disappearance was a bona fide kidnaping, and pointed te-e statement that she would offer a reward for in- formation leading to his safe return, as substantiution of her belief. The announcement of the reward came from Mrs. Factor’s brother, William Cohen, who said he under- stood the amount to be offered would be approximately $10,000. Counsel for the British government has charged that Factor's abduction was a hoax, designed to prevent his ex- tradition to England on & swindle charge, but local investigators continued to work on the theory that Factor may be held for ransom. They raided & dozen reputed haunts of the gang of mr Touhy, yesterday on a “tip” fur- ed by & girl, described as a sweet- heart of a disgruntled gangster. Capt. Daniel Gilbert of the State’s attorney’s police said no information as to Factor's whereabouts was obtained: ‘Fhe girl was ordered held incom- Dollar Hits New Record in London At $4.80 a Pound Valued at 69.4 Cents in Terms of French Gold Franc. By the Associated Press. NEW YORK, July 10.—The dollar, in terms of the French gold franc, was alued at about 69.4 cents today, com- pared with 70.5 cents Saturday and 81.3 | cents a month ago. LONDON. July 10 P).—The Ameri- can dollar slid to a new record at $4.80 to the pound in early dealings today because of selling orders. The rate opened unchanged at $4.73, but soon weakened. The French franc improved to $84.90 to the pound, as compared to the previous close of 85.00, and the Dutch guilder rose from 8.24 to 8.23. During the forenoon the movements of the currencies were irregular. The dollar touched $4.831z, but recovered to $4.8012 at noon. The Canadian dollar crossed the $5 ark to $5.02 to the pound. Gold currencies weakened slightly, the franc to 85.03 and the guilder 8.2413. DOLLAR'S FALL T " N BRTISH DEBATE {Chamberlain Predicts Re- versal of Depreciation This Autumn. | mi | By the Associated Press. | LONDON, July 10.—The depreciation | of the American dollar in world ex- changes is largely unnatural and arti- | ficial, Neville Chamberlain, British chancellor of the exchequer, declared in the House of Commons today during | the debate on the government's policy with regard to the World Economic Conference. . | The chancellor predicted a reversal of this process in the Autumn when | various factors will begin to work to | strengthen the dollar. | _The depreciated dollar, he said, is a disturbing factor in the world situa- tion, “but We must remember that de- preciation is to a large extent unnat- ural and artificial and is not based on intrinsic economic and financial fac- {a{‘s, but is chiefly the result of specu- ation.” Seeks to Lift Prices. Chamberlain declared Great Britain's | basic policy is the raising of wholesale commodity prices. He declared this was not possible by monetary action alone, although cer- tain monetary factors must be present |as a necessary preliminary to raising | the price level. of-the-road policy between the gold and non-gold countries, Chamberlain cén- | cluded with the advice “to keep our heads.” He added that Great Britain also must maintain the closest and friend- liest contact with representatives of all countries. ‘The chancellor indirectly approved President Roosevelt’s sejection of a w]und economic conference stabilization plan. . He asserted that the declaration re- jected by Mr. Roosevelt was ‘“pretty weak stuff.” It laid down, he added, general principles, but was practically confined to a declaration by the gov- ernments that they would do what they could to check speculation in exchange. The world economic conference check has not dealt a mortal blow to chances of an agreement on vital world problems, declared the chancellor. The parley, awaiting the outcome of the alring of British policy in the House of Commons, nevertheless, again was brought to a standstill waiting to see whether Great Britain would throw her support to the gold countries or lean toward the development of the sterling-dollar bloc. 2 Lansbury Lauds Roosevelt. George Lansbury, parliamentary leader of the Labor party following Mr. Chamberlain, declared, “One thing Mr. Roosevelt has done is that he has thrown as on a screen the fact that the productive power of the world must be made a blessing instead of a curse.” Wi Chancellor Chamberlain smiled ued on Page 2, Column %.) 4 BT ! Maintaining Great Britain’s middle- | PACT 'Premier Hints Issue Will Be Solved. EVENED BUDGET IS PROMISED Decljne- of Dollar Held Motive of Gold Call. By the Associated Press. PARIS, July 10.—France was committed today by Premier Edouard Daladier to keep her money sound by a “youthful” policy of non-inflation and budget balancing. The premier, in a speech at Apt, hinted also that the United States war debt problem would be solved. He declared France could meet her bills, and he pledged re- payment of the British loan. “Determined to defend France and let nothing harm the na- tional money, we will recall Par- liament, beginning in October, and invite it to crown the work neces- sary to public safety by a final straightening out of our finances,” he said. “France intends to work to tighten the * * * cherished bonds with the United States. If on one precise point differences are raised, we will remove m. He said the Nation’s financial con- dition was improving, and that the treasury within three weeks would re- pay half the recent British loan. Budget Minister Lamoureux, speaking at Saint-Pourcain Sur Sioule, said measures would be sought to salvage French trade from the threat of the rheapened dollar and pound. GETS $4,250,000 SHIPMENT. Bank of France Receives Gold to Cover Last Weéek's Loss, CHERBOURG, France, July 10 (#).— A shipment of $4,250,000 worth of geld from the New York Federal Reserve Bank to the Bank of France arrived on the Europa yesterday. It more than covered the bank’s loss last week. EUROPE WANTS ITS GOLD. Drop in Dollar Held Major Reason for Asking Metal From U. 8. NEW YORK, July 10 (#)—The de- preciation of the American dollar to around 70 per cent of its gold standard parity is the major reason, bankers state, for the decision of foreign coun- tries to call home what remains of their earmarked gold now in the New York Federal Reserve Bank. When the United States left gold end put an embargo on export ship- ments, an exception was made in the case of the yellow metal held here for foreign account. Gold holdings for this account total- ed some $400,000,000 at the time of the national bank holiday. Since then approximately 25 per cent has been taken home. According to international custom, earmarked gold is regarded as a trust fund, and it is considered unlikely there will be any interference if foreign banks desire their metal. There is no free market for gold in this country, bank- ing quarters explain, and as a result central banks cannot sell America their holdings except at a loss. The only free market for gold now in existence is located in London. The rate _quoted there is a substantial (Continued on Page 2, Column 1.) BOARDS TO BE NAMED Roosevelt Expected to Appoint Groups to Review Veterans’ Cases. President Roosevelt probably will an- nounce tomorrow the appointment of a number of special boards to review presumptive cases of disability among war veterans and determine whether they shall continue to receive compen- sation or be removed from the Gov- ernment’s pension rolls. This was indicated today at the Vet- erans’ Administration, which has been sending names for these appointments to the white House almost daily. The administration hopes to have all the boards ready for operation within a few days. Civil service employes who have ob- tained temporary jobs with the National Recovery Administration were informed today by personnel officials they could keep their jobs providing they obtain pr_‘}g‘er “itical “indorsement. e Zers, all slated for separation from th sovernment service after hav- ing been employed for years in the Com- merce, Interior and other departments, recently obtained temporary positions wl;;n the Recaxry Adminmn:.io%l ~ reports they were not able obt;iley the indorsements because of the lack of political influence, and they are now fearing, they said, they would again be forced to search for work. The order also affects all non-civil service status employes now at work either in the Industrial Cmtroa or Pub‘l;c Works sections of the tration. Recently, 33 civil service clerks, tem- porarily at work in the Public Works section were dismissed. Officials ex- plained the separations were only tem- mflrytodlnvume(ormm:oltnflv e employes’ qualifications. small Sabe” propen. policey, Mndaeasments, proper indorsements, were reported re-employed. The othera | POLITICAL INDORSEM.ENT NEEDED IF RECOVERY WORKERS KEEP JOBS Work of Public Works Section Delayed Because Employes Don’t Have Proper Patronage Credentials. have not yet returned to work, accord- ing to reliable reports. Investigation also revealed today-that only about 2 per cent of the clerks now employed by the administration have civil service status. Approximately 4,000 civil service workers in Washing- ton are losing their places in the Gov- ernment by July 15 as a result of put- ting into effect the economy 5 Al h both the industrial control and public works sections have been functioning for about 30 days, neither has completed its personnel set- Much administrative work has been ‘Commission. So far the employes, either non-civil regular Government workers, administration say been salaries, LV BRARY oF CONGRES S, | EXCUSE ME- WE'VE NoT MET BEFORE! AR N LR N EASTMAN 10 STUDY RAIL IMPROVEMENT Modernization of Freight Service Sought to Meet Mo- tor Truck Competition. | By the Associated Press. . Joseph B. Eastmar, Federal co-ordi- a study of railroad freight service in an brought about by competition of motor trucks. The co-ordinator appointed part of the personnel of the freight service sec- tion of his organization and announced that on July 14 he will confer here with the three regional co-ordinating com- mittees formed by the railroads. BEnmlisting Prominent Officials. Eastman is enlisting the services of prominent railroad officials in handling the important phases of his work. He named J. R. Turney of St. Louis, Mo., 8 vice president of the St. Louls-South- western Rallway Co., director of the freight service section; O. O. Castle of Houston, Tex., superintendent of trans- pertation for the Southern Pacific Co. in Louisiana and Texas, director of the car-pooling section, and R. L. Lockwood of Washington, D. C., formerly with the Commerte Department, as purchasing specialist. Other personnel named includes: Eastern regional director, H. J. Ger- man, Pittsburgh, Pa., president of the | Montour Railroad; Western regional director, V. V. Boatner, Chicago, I, former president of the Chicago Great Western Railroad; Southern regional director, C. E. Weaver, Savannah, Ga., general manager of the Central of Georgia Railway; Eastern traffic assist- ant, W. H. Chandler of New York, chairman of the Executive Committee of the Shippers’ Conference of Greater New York; Western traffic assistant, C. E. Hochstedler, Chicago, Ill., traffic di- rector of the Chicago Association of Commerce; Southern traffic assistant, M. M. Caskie, Mobile, Ala., general manager of the Alabama State Docks and general manager of the Terminal Railway at Mobile; executive and legal assistant, J. W. Carmalt, Washington, D. C.; executive assistant, J. L. Rogers, special examiner for the Interstate Commerce Commission. Research Staff. ‘The research staff appointed includes O. S: Beyer, Washington, D. C., labor specialist; Leslie Craven, Durham, N. C., professor of law at Duke University; W. B. Poland, New York, a consulting engineer, and Fred W. Powell, editor of the Institute for Government Re- search, Washington, D. C. ‘The freight service section, Eastman said, will deal especially with methods of handling less than carlot freight, including the utilization of containers, demountable truck bodies, lighter equipment and the problem presented by car forwarding companies, the re- lation of the Railway Express Agency to the situation, store door pick-up and delivery service and the use of motor trucks as-auxiliaries to or sub- stitutes for rail service. It is probable, he added, that a sim- ilar unit will be created to deal with passenger service. There is a bility that the passenger inquiry be de’omblned with the freight service study. WHEAT HITS RECORD OF $1.10 A BUSHEL New Processing Tax Turns Spec- ulators to Rye in Bread Price Advances. By the Associated Press. CHICAGO, July 10.—A startling jump of 8 cents a bushel in rye T wheat to the season’s highest price levels, The new processing tax of 30 cents a bushel on wheat turned - lators to rye in the belief that rye bread would factor because there is no tax on the “black bread” grain. The May delivery of wheat soared to $1.103; a bushel with all deliveries selling above a dollar at the close. The maximum gain in wheat was 13 cent hator of transportation, soon will begin | cflort to modernize it to meet conditions | become a much greater | ¢p Roosevelt Names Two Professors to Study U. S. Budget Yale and Cornell Men to Aid Douglas on Finances and Balancing. By the Associated Press. President Roosevelt today assigned two college professors—James H. Rogers of Yale and George Warren of Cornell —to make a special study of Govern- ment financing and balancing of the bug%:c. y will make a special survey of Government financing under Lewis | Douglas, the director of the budget, expenditures for the recovery program with the Ggvernment's economy cam- ign. The professors were recommended to | the President by Secretaries Roper and | Wallace, who went to the White House today with them. wants a study made of means of con- verting a huwge outstanding indebted- ness of the United States to & lower in- NATTERN REQUESTS Texan Wires Backers Ex- pressing Desire to Continue Solo Hop Around World. By the Associated Press. A plan to enable Jimmie Mattern to | continue his flight around the world— despite the misfortune that apparently wrecked his plane beyond repair in Si- beria—was taking form today. From Anadyr, Siberia, Mattern wire- lessed his Chicago backers asking that a plane be sent so he could fly back to New York solo. The backers said they would “do everything” in their power to comply. Mattern’s message, received last night, asked that a rescue expedition plane now in Alaska, be sent. The Soviet government announced that a powerful seaplane would leave Khabarovsk, Siberia, momentarily for Anadyr, and that it was ready to fly from there to Nome, Alaska, to return Mattern to American territory. Plans to Fly Solo. Mattern’s own plan was to fly solo from Anadyr to Nome in the American rescue expedition plane, and for the members of the expedition, which is to_Nome in the Russian plane. His latest message, sent to H. B. ::‘r‘xl:;aon. one of his backers in Chicago, “Journal, New York, wires they will me to Nome. Contact them and ar- range for it to come immediately for me to fly solo to Nome. Pilot to return to Nome in Russian airplane coming mey ald.” . ameson relayed the message to the New York Journal, backers of Alex- will | ander, who is now at Juneau, Alaska, with two other members of the expedi- . They expect to take off today to fly to Anadyr by way of Fairbanks and g:;z: and comply with Mattern’s re- / Alexander and his companions fiew several days ago from New York to Terrace, British Columbia, where they were fo;eed down. ne?m the plane carries heavy equipment, they gmnfiurmlmmmmm FOUND BY GUARD BOAT. Moscow Dispatches Say Mattern Stayed Near Plane. MOSCOW, July 10 (#).—Dispatches from Khabarovsk, Siberia, published in today’s Moscow newspapers say that Jimmie Mattern, the American aviator, was forced down 80 miles from Anadyr on the same day he left Khabarovsk (June 14) by motor trouble and that e Gamiged. n anding. beckule. ot were use of the rough terrain. ‘The American came down on 8 spot 3% miles from the bank of the River Anadyr, frozen which on that date was still remained (Continued on Page 2, Column 8.) over. How long he BALBO IS DELAYED 32, | Unfavorable Weather May Hold to $8.50 a barrel. The December delivery well above 90 cents a Armada for Several Days. REYKJAVIK, Iceland, July 10 (#)— weather with a view to co-ordinating the huge Among other things, Mr. Roosevelt| PLANE FOR FLIGHT headed by Willilam Alexander, to return | send Nome airplane to Anadyr to fly | BIG DAIRY PROFIT 5 FOUND N PROBE One Found to Have Made! From 8 to 40 Per Cent in Past Five Years. One prominent Washington dairy has | made net profits ranging between 8 and | 40 per cent during the past five years, according to a preliminary report of ac- | countants who are checking its books, | Elwood H. Seal, special milk investigator, revealed today. ‘The name of the distributor was not made public because the study has not |been completed, Mr. Seal said. The| |work of the accountants, however, he | reported, showed the firm had an 8 per { cent profit in 1928, which had increased | by successive, jumps to 34 per cent in 1931, For the first five months of 1932, the report shewi the firm had & profit of 40 per cent. Corps of Accountants. The study of books of the Washing- ton dairies is being conducted by a corps of accountants, three from the General Accounting Office_and three from the District auditor’s office. Under the direction of Mr. Seal they are seek- { ing to determine the spread in costs of milk from the producer to the con- |on a number of the minor codes now | shortly. “From Press to Home Within an Hour” ‘The Star’s Carrier system covers every city block and the regular edition is delivered to city and suburban homes as fast as the papers are printed. /Saturday’s Circulation, 110,951 Sundsy's Circulation, 122,102 (®) Means Associated TWO CENTS. Press. PROMPT APPROVAL | OF CODE FOR STEEL INDUSTRY PLEDGED Speed on Recovery Agree- ment Is Promised Presi- dent by Myron Taylor. TEXTILE PLANTS PLAN IMMEDIATE APPLICATION 400,000 Mill Workers Will Get In- creased Pay—Child Labor Abolished. By the Associated Press. Prompt establishment of an indus- | trial code for the steel industry was promised to President Roosevelt today by Myron Taylor, chairman of the board of the United States Steel Cor- poration. Mr. Taylor conferred at iength with the President, who is determined thas | the codes for governing production, hours of work and minimum wages shall go into effect immediately as a part of his recovery program. The President hastened into effect last night the code for the cotton textile industry, providing a 40-hour week and minimum wages of $12 and $13 a week e South and North, respectively. ye will have our code promptly,” said Mr. Taylor. “That means just as fast as the work can be done. We are very friendly to it.” Will Force Laggards Into Line. At the same time Secretary of Com- erce Roper, chairman of the Indus- trial Recovery Board, made it known that plans are being studied to force the lagging industries into line if they don't come forward voluntarily. The nature of such action has not been determined upon. Hugh S. Johnson, recovery admin- istrator, said today he was informed the textile industry was so well pleased with the cotton code that many plants in- tended to put it into operation right ! away. A meeting of Labor, Consumers and | Industrial Advisory Committees this| morning sought to map out future! policy of the recovery program, and ! considered setting times for hearings | on file with the administration. No final decision was reached, but announcement of one is to be expected Steel Codes Rejected. Johnson has received several codes submitted by the steel industry, but said he had rejected each one for changes to bring the industry into line | With the recovery act's purposes, Likewise, he said, he had returned proposals of the oil-industry for addi- tional data on employment. A nreeting was planned later in the day by Johnson with officials of the National Manufacturers’ Association #nd Iilinois Manufacturers’ Association ! to talk over various questions which the manufacturers have raised. 400,000 to Get Increases. Upward of 400,000 employes in cot- | ton textile mills next Monday will be- sumer. ‘They also are seeking to establish the profits to the local distributing firms, if any of the “surplus” milk bought frem producers is being used here the same as the “basic” milk, for which they have to pay the producers at higher rate. They also are seeking to deter- mine if a monopoly in milk distribution exists here. |, The entire milk study is being made ifor':e special Senate District subcom- mittee. Probe Favoritism Report. Mr. Seal today also started an inves- | tigation to determine the accuracy of a report that a local dairy is charging some af its customers a lower rate than others. Mr. Seal was told verbally last night that one Washington milk consumer had discovered that several of her ac- quaintances were being charged but 11 cents a quart while other customers were charged 13 cents. When she called the dairy and told them to discontinue their service to her for this reason, Seal was told, the dairy offered to sell to her at 11 cents a quart. ‘This customer, Seal also was inform- ed, later called a second dairy which was to have saild milk might sold in large quantities to apartment house dwellers at 11 cents, but that in | small quantities the price would be 13 cents. GLASS ENTERS HOSPITAL FOR EXAMINATION Virginia Senator Confers With President on Banking Law on Way to Baltimore. By the Associated Press. Senator Glass of Virginia went to Johns Hopkins Hospital in Baltimore today for a physical examination. He stopped ig Washington for a con- ference with ident Roosevelt on ad- ministration of the new national bank- ing act before going to the institution. The Senator said he just wanted a thor- mhhmmmnthn ea:‘:a%e lex;aecm to leave “]g Jmm ly. p-Tn?:umw lnuzr;‘gd 'ihne thy ':l;ll;{e e 8] 2 ment of the liquidating board under the act to speed release of deposits in closed banks. Early appointment of the board appears in prospect. HIS OWN JOKE G Charles Conway Loses Life Drowned as the result of his own practical joke during a gay boating party on the Potomac early ‘morn- ing, the body of Charles Gm“yi 40, be | as trustee in bankruptcy of the Corpo- | | 1da’s first triple execution, Louis Leavine, PRACTICAL JOKER IS DROWNED He Told to Jump Overboard—Boy, 10, Also Drowned. | gin working only 40 hours a week in- ! stead of 48 to 50, for no less than $12 or $13, against $8 to $9. That was assured when President Roosevelt, with reservations and in- terpretations, last night approved and promulgated the first work-spreading, wage-raising code of fair competition | completed under the recovery act. Approval of this agreement, officials i " (Continued on Page 5, Column 1.) E. F. SWIFT ESTATE SUED FOR $37,308,646 i i Insull Bankruptcy Trustee Bases Claim on Alleged Fraud- ulent Acts. By the Associated Press. CHICAGO, July 10.—A $37,308,646 claim was filed against the estate of | the late Edward F. Swift, packer, in Probate Court today by Sam Howard ration Securities Co. ‘The claim was based upon an allega- tion that Swift. with other directors and officers of the defunct Insulls in- vestment house, were responsible for loss of the huge sum through fraudu- lent acts. i Swift, a member of the pioneer pack- ing family of Chicago, died in a fall |from his apartment window a year ago, leaving an estate estimated at 185,000,000 when the will was filed for probate last week. The claim against his estate was the largest ever filed in Cook County Pro- bate Court and represented an effort of the trustee to recoup something from the ruins of the once $150,000,000 Cor- poration Securities Co. for the benefit of | sreditors. _———— FLORIDA EXECUTES TRIO Three Men Die in Chair for Tampa Murder. RAIFORD, Fla., July 10 (#).—In Flor- Victory Palmer and Norman Heidt died in the electric chair at the State farm here today for the murder of Joe B. Johnson of Tampa. OING AWRY, in Attempt to Save Friend| 2701 P street, the man who took literal- ly Conway’s joking command to jump into the water. ‘The craft was cruising between Key and Arlington Memorial Bridges when Conway made his jesting remark to| . An instant later the latter plunged into the river. Alarmed, Conway -leaped into a dinghy to go to the rescue, but the boat capsized and he sank, never to re- appear. Spain was able to paddle about until picked up those on the boat. For almost an LOANS FOR' PUBLIG WORKS T0 UNDERGD CAREFUL SCRUTINY Ickes Says Funds ‘Will Be Ex- tended Only Where Con- ditions Justify. EXPENDITURES MUST BE IN LINE WITH REVENUES Declares “No Political Pressure or Appeal” Will Influence Those Making Decisions. Scretary Ickes took over his new as- signment as public works administrator today with an announcement there will be no curtailment of the $3,300,000,000 public works program, but that Federal funds will be extended only to those local governmental bodies which bring their expenditures in line with rev- enues. Referring to recent suggestions that the program might be curtailed in view of industrial gains, the Secretary said: -“Swift translation of the administra- tion plan into action giving millions jobs is our first objective. “Recent gratifying gains in industry and employment do not justify curtail- ment or slowing up of the employment program until those gains are secured and consolidated. “When conditions justify, expendi- tures for public works will be ended promptly.” Ickes served notice that only worthy projects will be advanced funds. Expects Loans to Be Repaid. “Loans to local governmental bodies where ordinary current expenditures are not being brought within prudently estimated revenues will not be forth- coming,” Ickes said. “The Government expects its loans to be repaid.” President Roosevelt is expected to announce within a day or two accept- ance of a recommendation from Ickes that regional rather than State admin- istrators be created to supervise the allotment of advances to local govern- mental units. Ickes is going forward with his plans on the assumption that this would be the set-up, rather than having State administrators. The regional adminis- trators would receive recommendations from voluntary State advisory boards, composed of three members each. To put as many men to work as soon as possible, the public works adminis- tration is concentrating on allotments for Federal projects. A subcommittee is expected to report on the first batch of such projects to- morrow. Deluged with Demands. The administration is deluged by de- mands which do not qualify under the law and the worthy are being separated from the unworthy. “The Nation is assured its funds will not be dissipated on a first-come first- served basis,” he said. ‘“Projects for which loans are sought must be backed with facts and specifications able to stand the strict examination they will receive. “The criterion for allotments will be worth and public benefit. “Who makes the request and when . will not govern. All possible safeguards will be" invoked to protect the public - money. — Ickes served notice that projects to which the Federal Government ad- vances funds “must entail no recurring public expense for maintenance.” He also announced that they must have “lasting social usefulness” in ad- dition to providing work. “So many such plans have been re- celved” he said, “and so many more are in sight that financing any projects which are mere workmakers, giving no lasting benefit upon completion, is impossible.” p While the PFederal f pushed as a means of getting men to work speedily, the machinery for dis- tribution to non-Federal projects will soon be set up. Ickes asserted that “no political pressure or appeal” will influence those making the decisions on these pro- rogram is being To Consider $36,000,000 for D. C. The Public Works Board expected to consider at its meeting tomorrow ap- proximately $36,000,000 to be expended for construction work in this area. The board will go nto session at 11 am. with the naval construction pro- gram of $238,000,000 first to be dis- cussed. The Army’s improvement plan calling for an expenditure of $135,000,- 000 will be next_and the program sub- mitted by the District Commissioners calling for disbursement of $22,716,500 for 30 needy projects will be the last item to be considered, members of the board said today. The Army, should its program meet with approval, will spend $10,009.231 in the District, Maryland and Virginia. The Navy's program will be of local (Continued on Page 2, Column 3.) TWO DAYS HéAT RELIEF PREDICTED FOR DISTRICT Mercury Pjobably to Be Held in 80s, With Humidity Remain- ing Fairly High. Washington need not wor about the heat—for a couple of duyfit least. The Weather Bureau said this morning the mercury would probably be kept down in the 80s by a northeaster] mze, although the humidity remains igh. Yesterday's temperatures, while lower than the real hot days which preceded them, were accompanied by high hu- midity, and a shower which brought about .20-inch of rain between 4 and 5 o'clock did little to lower the mer- cury. : The bureau said that practically all States east of the Mississippi today were enjoying relief from the heat, and that showers were falling, or about to where dry weather and heat have com- bined to affect crops, was promised rains today or tomorrow. I GUIDE FOR READERS