Evening Star Newspaper, December 13, 1934, Page 32

U.S. HOMELENDING Private Loans Must Be Fair, However, Chairman Tells Insurance Group. By the Assoclated Press. NEW YORK, December 13.—The Home Owners' Loan Corp. “should complete its work and withdraw from the lending field as soon as possible,” John H. Fahey, chairman of the cor- porgtion, told the Association of Life Insurance Presidents today. “But,” he added, “I do not believe that public sentiment will permit its withdrawal unless or until it is evi- dent that private lenders will carry on with lending plans, which are ac- cepted as eminently fair.” Thomas I. Parkinson, president of the Equitable Life Assurance Society of the United States, reported to the association that payments and credits of United States life insurance com- panies to policyholders and benefic- iaries during 1934 will total $2,700,- 000,000. Parkinson is chairman of the convention. Natural Revival Need. James Layton Ralston of Montreal, former minister of national defense for Canada, declared a “natural revival of trade” was needed to bring about business recovery. Fahey asserted in his address that the Home Owners’ Loan Corp. had kept families representing some 4,000,- 000 persons from losing “practically @ll their savings.” “In less than 12 months,” he said, *the Federal Government has lent over $2,000,000,000 to more than 650,000 families to assure them undisturbed possession of their homes. Soon it will have disbursed another $1,000,000,000. 'This means that $3,000,000,000 will have been distributed and nearly 1,000,000 homes saved. “If this had not been done families representing some four million persons would have lost practically all their savings and a large proportion of them would have been turned into the streets.” Resumption Uncertain. Whether the H. O. L. C., forced last month to suspend the receipt of any more applications, will resume the making of loans, he said, rests with President Roosevelt and Congress. “The Home Owners’ Loan Corp.,” Fahey continued, “was devised as, an agency to meet an extraordinary emer- gency. It should be kept to that con- ception of its functions. The Govern- ment should not be expected to go on indefinitely financing the home mort- gage needs of our people when the privately managed lending institutions of the country, with their long expe- rience and highly developed efficiency, are abundantly able to meet the de- mand and rates and for terms com- parable with those which the corpora- tion has extended. * * * “The Home Owners' Loan Corp. should complete its work and withdraw from the lending field as soon as pos- sible.” He called upon the life insurance companies to make vigorous efforts “in every possible way to the end that as soon as practicable the responsibility for supplying the mortgage needs of the United States may again be as- sumed fully by the private lending in- stitutions.” Insurance Disbursements, Of the $2,700,000,000 disbursed by life insurance companies during 1934, Parkinson said, $1,800,000,000 was to living policy holders in matured en- dowments, annuities and the like, and the remaining $900,000,000 represented death payments to beneficiaries. Ralston said it was doubtful whether “we can get far on the road to recovery without some measure of stabilization between the trading countries of the world.” “If monetary measures could bring stabilization of exchanges, and othcr trade restrictions, such as tariff walls, could be lessed, there is every reason to hope,” he said, “that a new eco- nomic era would be before use; and since most of the misunderstanding, suspicions and distrust between va- rious countries are based on the deep dissatisfaction of the public with ex- isting conditions, peace and good will might also go hend in hand with prosperity.” CONVICTS TO GIVE SAWS AS SECURITY FOR PARTY Warden Will Play Santa Claus Only if Inmates Prove They’re “Good Boys.” By the Assoctated Press. JOLIET, Ill,, December 13.—Warden Frank D. Whipp has promised to play Santa Claus at Stateville Penitentiary provided the 6,000 inmates promise to be “good boys” and slip no dangerous tools in their stockings. As proof of their good faith the 6,000 were asked yesterday to turn in anonymously such contraband as knives, forks, chiscls and saws, in ex- change for a merry Christmas party. In the yard of each prison, the new and the old, Warden Whipp said, will be placed a large box wherein prison- ers may deposit the forbidden imple- ments unobserved. . Benefit Dance Tomorrow. A dinner dance for the benefit of the indigent children at the dental clinic of Children’s Hospital will be given at the Army, Navy & Marine Corps Country Club tomorrow night by the District of Columbia Dental So- ciety Women's Auxiliary. All You Who Have Indigestion Stomach Agony—Gas, In- digestion Must Go or Money Back. ‘There’s & sure way to put an end to indigestion, gas, shortness of breath and all the ailments that are caused by a bad stomach. You are simply patching up your stomach when you take things that only give relief for a few hours. Why not build up your run-down stomach—make it strong and vigorous 50 that you can eat anything you want without the least sign of distress? Dare’s Mentha Pepsin is what every stomach sufferer needs—a pleasant tonic elixir for all stomach ills. Thousands of bottles of Dare's Men- tha Pepsin are sold every day oecause it is the one outstanding, supremely effective stomach remedy that is guar- anteed by Peoples Drug Stores and druggists everywhere. °'S Byt S FAHEY WOULD END! Ruth Kirksey (left) and her sister, Mrs. James Hickey, are shown a few hours after they had been arrested in a raid on a reputed gang rendezvous in East St. Louis, Ill. Mrs. Hickey's husband, identified as a bank robber by the aufhorities, was shot and killed in the raid. Officers announced the raiders had broken up a plot to kidnap G. Locke Tarlton, wealthy contractor. GIRL SLEDDER INJURED WHEN HIT BY TRAILER Treated at Emergency Hospital After Being Struck While Crossing Street. Elizabeth Gobbett, 11, 424 Tenth street southwest, was seriously injured in the season's first reported sledding accident when struck by the trailer of an automobile while she was pull- ing her sled in the street near her home. At Emergency Hospital she was treated for an injury to the pelvis and was under observation to see whether she was injured internally. Edward Watson of Clarendon, Va., *GOLDENBERG ‘CO. LSSy Fpd s 708K SRS e Tl 1,300 rs. Women’s Arch-Support Black and Brown Soft Kid Leather Many Styles Widths A to EEE Sizes 4 to 9 Medium Leather Heels —A. Photo. was driver of the automobile, police said. z Burchell’s French Candies Superior Quality 1Lb.Box......... 25¢ 3 “ “ ssc 5 ¢ ¢ L ikei... 100 N. W. Burchell 817-819 Fourteenth St. EEEREER Women’s All Rubber Galoshes ? ST < Give a ALL SIZES Ali Fleece Women’s and Children’s Gift Slippers MANY C STYLES All Sizes Main Floor. Captured in Fatal Gang Raid URS[:HEI. SUSPE[;IS GET DEATH THREAT U. S. Agents Refuse to Say if Gangsters at Large Gave Warnings. By the Associated Press. OKLAHOMA CITY, December 13.— Threats of death by the underworld harrassed four Federal prisoners as they prepared to testify before a grand jury today in the latest chapter of the Urschel kidnaping case, The four—Edward Feldman, Clara Feldman, Alvin H. Scott and Marga- ret Hurtienne, brought here from Oregaon after the discovery of addi- tional portions of the $200,000 ransom paid by Charles F. Urschel, Oklahoma | Storm Shoes All sizes to large 6. Scout type knife includ- ed. Men’s Sizes $2.98 Little Boys’ Sizes, $1.69 KODAK NO gift is more in harmony GIVE a Kodak—and you give a lifetime of picture-making fun, We're ready to help you choose. For the friend who already has a thana with the true spirit of Christ- mas than a Kodak. And no store could be better equipped than ours—with complete stocks and helpful, interested salespeople—to make your choice easy and appropriate. Kodak, there’s no more welcome gift picture-making “gadget” he’ll enjoy. We urge you to see our splens did array of Eastman accessories. s 607-14th STREET N. W. ) (EASTMAN KODAK STORE City oil millionaire—were being guard- ed by Federal officers. Agents “who disclosed the threats would not say whether they came from friends of kidnapers already convicted or from members of the abductipn gang who so far have evaded justice. A report of & local “master mind,” the “finger man” who arranged the details of the kidnaping, gained credence as the word went out that the grand jury would search deeply into this phase of the investigation. It was learned that Feldman, 22- year-old step-son of Albert Bates, one of the convicted members of the gang, is booked at the jail under an assumed name and has been spirited out for questioning several times since his arrival here. Women Protest Edicts. Many women in China are protest- ing against the new edicts banning unstockinged legs, lipstick, permanent waves, low-backed gowns, mixed bath- ing ard mixed dancing. -,I\...L’ o vl With Practical Gifts From Women’s Porto Rican Gowns 59¢ Soft muslin, hand em- broidered and sewn. White, flesh, peach. Regular and extra sizes. 'alace—Second Floor s 89¢ It actually cooks food; complete in every detail; nicely enameled; with cook- ing utensils. King’s Palace—Third Floor Gates § 79 (Mexs) cioes * 1 Unlined genuine pigskin, also lined and unlined cape and suede, for dress or driv- mng. King's Palace—Stireet Floor Handkerchiefs 50C Initialed; fine linen- finished cloth; all white or with colored borders; gener- ous size. King's Palace—Street Floor Boys’ Coat . Sheepinedy 2275 Heavy grained leatherette; wide wombatine collars; cor- duroy inside facing; sizes 6 to 18 years. King's Palace—Street Floor All-rayon or rayon-mixed yarns; plain colors, stripes and novelty patterns in all sizes—10 to 12. King’s Palace—Street Floor Bridge Lam| A T A most practical gift. Gold-finish- base with rayon shades of rose, rust, green or white. Wired ready to light. King’s Palace—Street Floor L3 Home Club Elects. Special Dispatch to The Star. FORESTVILLE, Va., December 13.— Mrs. E. P. , secetary and treas- urer, and Mrs. Fred Ball and Mrs. William Winston, leaders. Twin Roads Built. ‘Twin asphalt strip highways are be- % |'ing constructed in South Rhodesia. PREVENT SMUDGE; PROVIDE PROP- ER HUMIDITY, BEAU’ HO! Reasonable Prices Convenient Term nfénn 3 m“;‘ CKBHzRN" " o Fationa) o178t EIRLINLES | { ] :.\ ) J e 20th and “Speaks for Itself” DINE HERE ONCE— And you and your friends will quickly dicover there are obvious reasons why one should dine here always. Our homemade pastries con- tribute to the deliciousness of | Luncheon. Tea or Dinner. Now Serving Wine, Beer and Drinks to Owr Patrons Other S e v e The New 1935 Studebaker is in town—the same beautiful car that King’s Palace will give away in this easy contest. before it closes—Dec. 31st. for details. Rubber-Tired .98 "Velocipedes s2 Steel frame; leather, spring saddle, rubber pedals and hand grips; brightly enam- eled red. King’s Palace—Third Floor (V;Il:;-:‘n'l Fabric 59c Double woven, “Kayser” and other makes; a wide range of colors, also black with novelty cuffs. King's Palace—Street Floor W ’s Gif| gl o Also styles for misses’ and men; 7 and 10 rib frames; rain-proof covers; novelty handles. King's Palace—Street Floor Men’s Heavy Bath Robes $ 1 69 Colorful patterns; wide shawl collars with rayon cord trim; heavy girdle cord. All sizes. King’s Palace—Street Floor Boys’ Jackets i (T::eed.:r:y) $3 » Bi-swing and Cossack style; brown or gray; sizes 8 to 16. Knickers to match at $1.95 pair. King's Palace—Street Floor gg:e‘l:mps $598 Three candle lights on separate switch. Complete with pleated silk shade in colors or plain white. King's Palace—Street Floor -~ —T A T Get your entries in Ask our employes ?'ll'uxi)ml;li:hu 49C Coffee, tea and baking sets of 11 pieces. Just the gift for the “little housekeeper” to play “house.” King's Palace—Third Floor Pajamas .00 ll:d Gowns $]. Fine rayon 1 and 2 piece pajamas in dark and pastel shades. Regular and extra size gowns. King's Palace—Street Floor 12 Women's .00 Handkerchiefs $ 1 All linen and imported swiss; all white and gay prints; embroidered corners. Each, 10c. King’s Palace—Street Floor Overnight 98 c-:::’ (‘fittetl) s4 Strongly constructed; 18- in. size; black only; double clasp and lock and key; with 5 useful pieces. King's Palace—Street Floor Shirts Fast color, plain blue, gray, tan, green and white; collars attached; white with neckband; 14-17. King’s Palace—Street Floor 31.00 Tiny seed pearls cover them; white, black or ivory; some with dainty colored flowers. King's Palace—Street Floor for Evening 5 VISIT “ j<* EISEMAN'S GIFT Department Open a Chnr(e Account Lovely Negligees — Pocket- books — Gloves — Hose — Perfume Seventh and F Streets Children’s Dresses For Gifts $ l .09 Rayon, silk and broad- cloth prints; shirtwaist yles; sizes 2 Table and .39 Cllui: S.:h $2 3 pieces; sturdi structed and brightly enam- eled table with 2 Windsor- back chairs. King's Palace—Third Floor siime D9C Also other makes; perfect qualities and irregulars; sheer chiffon; full fashioned. All popular shades. King's Palace—Street Floor Carving Sets $1 .00 (3-pcs.) Imitation stag horn han- dles; stainless steel blade knife; sharpening steel and fork with rest. King's Palace—Street Floor Fine Silk $ 1 .09 Underwear Slips, chemise, dancettes and panties; beautifully trim- med with fine imported laces. All sizes. King's Palace—Second Floor el . Girls’ Coats .98 Size: Tto 14 $5 Chin-glo, cheviot and tree bark cloths; several styles; all the most popular colors. King's Palace—Street Floor e R S e S e S T S S ST S S e b e S B b b S e S S $1.00 (6-1b.) Irons l A sensible gift; tip and turn style with evele(redze. Elements guaranteed for one full year. King's Palace—Third Floor SN o - 2 ’