Evening Star Newspaper, February 24, 1935, Page 22

FRANCE SEEKING | STABLE CURRENCY Feels Time Is Ripe for Some Agreement With U. S. and Britain. BY WILLIAM BIRD. By Radio to The Star. PARIS, February 23.—The French government feels that the time is near ‘when some agreement must be reached between the gold bloc countries and the sterling bloc on the stabilization of exchanges. It had been understood that the adjourned London Economic Confer- | ence was to be reconvened in Wash- ington this Spring or Summer, but it 1s generally agreed that there is no use bringing that conference together ‘again unless there is a preliminary agreement as to what is to be done. During the recent visit of Premier t by air from land to Australia Flandin and Foreign Minister uvn]:';h:’m. g to London, M. Flandin made several fruitless efforts to draw the British government into a discussion of the monetary problem. He was informed that England could not discuss the subject so long as the intentions of the United States had not been made Enown. M. Flandin, on the contrary, had hoped that he could persuade England to see the advantage of presenting s united front in Washington. But it soon became evident that England considers that the pound and the dol- 1ar must for the present stick together. French Proposal Unknown. Nobody knows as yet what kind of stabilization the French government ‘would propose. - Officially, the Flandin cabinet adheres to its promise that the franc will not be depreciated in relation to gold. All that it is seeking to do, ostensibly, is to wring from the United States and England an assur- ance that the dollar and pound will not be devalued further. But both these currencies have been approxi- mately stable since early in 1934, when the American Treasury fixed the price of gold at $35 an ounce. Since then the pound sterling has declined slightly, until it now is ap- proximately at its normal dollar parity, and from all indications the British government’s intention is to keep it there. ‘The writer, however, has been as- sured on eredible authority that Pre- mier Flandin while in London gave the impression that France would like to “draw the franc and the pound closer together,” i. e, that he believes the rate of the franc to the pound should be highér than 74 francs. This has led to the supposition that France would not be averse to a slight de- . valustion of the franc, provided that in so doing an “exchange war” is not started. Seek to Avoid Devaluation. In other words, if France devalues, 1t must be once and for all, and not the beginning of a race between the gold bloc and the sterling bloc, the finsl end of which nobody could foresee. Neither England nor the United States wants the gold countries to devalue their currencies. Should France and the other nations decide on their own initiative to devalue, the fear is that the United States and England would at once ripose by a further devaluation of the dollar and pound. M. Flandin is understood to believe that monkeying with currency cannot go on indefinitely, and that the sooner s broad international agreement to stabilize at a fixed rate is reached, the better it will be for everybody. (Copyright. 1935.) - COL. E. 0. THOMPSON © HAILS NEW OIL LAW Iaw Will Check Excess Output, Says Chairman of Texas Railroad Commission. By the Assoclated Press. NEW YORK, February 23.—The oil conservation bill, made law by Presi- dent Roosevelt's signature last night, was hailed today by Col. Ernest O. Thompson, chairman of the Texas Raflroad Commission, as a ‘“perfect measure.” The law “is complete and leaves nothing needed,” the commissioner said. He regarded it as an effective check against excess production and was confident that it avoids the legal pitfalls thet thwarted similar legisla- tion last year. “It will be helpful,” he said, “in stopping the interstate movement of excess oil. It creates a power for con- trol that the State never possessed.” Col. Thompson viewed the law’s im- portance primarily from the stand- point of conservation. He said that ‘where there is no market there is no inducement to produce oil, and the result will be equality for all producers on 2 pro rata basis. HUEY LONG WILL LEAVE FOR LOUISIANA HEARING Senator Declines to Comment on Moody's Part in Tax Cases Against His Aides. By the Associated Press. Senator Huey P. Long announced last night that he was leaving the Capital and would be in Louisiana Monday in time to participate in the utilities hearing before the Louisiana Public Service Commission. “There’s nothing going on here,” he oid, “s0 I'm going down to Louisiana.” Asked for comment on the an- nouncement that Dan Moody, attorney and former Governor of Texas, would be a prosecuting attorney in the Gov- ernment’s income tax case in New Orleans against one of Long’s political friends, Long said he had nothing to Ry, ‘The first among several of Long’s friends who is scheduled to go on triai for alleged income tax evasion is Abe 8hushan, former head of the New Orleans Levee Board. —_—_———— BANKER GETS 3 YEARS Oklahoma Man Accused of Mak- ing False Entries. OKLAHOMA CITY, February 23 (#)—Donald A. Douglas, 28, former tant cashier of the defunct Shaw- Radio Reproduces Typewritten Note From Byrd’s Base By the Associated Press. NEW YORK, February 23— Little America in nearby Ridgewood, N. J., by wireless, it has just been disclosed here. The experiments involved the use of sutomatic typewriter equip- ment linked to wireless sending and receiving sets. Thomas J. Watson, president of & business equipment firm which directed the work in con- junction with Mackay Radio, said that short waves sent from Little America were strong enough without relaying to operate the receiving instrument in Ridge- " THE SUNDAY STAR, WASHINGTON, D. C, _.—_._——-————-——————‘—‘—"—'———_——_'———r—\——'_— when a local newspaper sponsored an GUVERNUR UUS]’S vestigation into conditions at the AIRMAIL GONTRACT R CLEVELAND'S ‘RED REPORT MYSTERY Trade Body Refuses to Tell Source of Warning to Citizens. By the Associated Press. CLEVELAND, February 323—All Cleveland now wants to know who are the members of the Chamber of Commerce “Secret Seven” Committee. The secret seven first come into prominence nearly s month ago by investigation. Neither would he tell a council- manic committee when its members questioned him for two and & half hours. He won’t even tell his best friends. The report has stirred up a bomb- shell of controversy. Professors, preachers, lawyers and others made no secret of the fact they considered the report a lot of “hooey.” Most of those interviewed on the secret seven's activities said that they not only doubted the truth and verae- ity of the report but doubted that such a committee exists. Suspect Unfound. Havens and a suspected member of the mysterious chamber group, Wil- lam Frew Long of the Anti-Labor Associated Industries, were to be subpoened to appear before it. They couldn't find Long. FEBRUARY OHOPRSINHEAD 17 Allegations Are Listed. Neglect in Fatal Fire of 1930 Charged. —_— By the Associated Press. manently removed as head of Ohio Penitentiary by Gov. Martin L. Davey. ‘The dismissal order listed 17 alle- gations, including incompetency, in- 24, 1935—PART ONE. century-old prison at the request of the Governor, drafted the d order. The temporary suspension was made on the ground that presence of the warden at the prison, which he head- ed for 33 years, might keep Reams from obtaining valuable information. ‘The warden’s post had been under civil service and before the removal had been completed, the charges must be filed with the Civil Service Com- mission. Demas B .Ulrey, attorney for Thomas, said he would file a motion attacking the charges and also the right of the Governor to file them. He has 10 days in which to file an appeal to the wehmum':-mhh-m em. Duty Neglect Charged. Among the 17 particulars cited in the charges were allegations that Thomas “grossly neglected” his duty CASE IS APPEALED Company Seeks Reinstatement in Action Against Farley in Bupreme Court. ‘The Supreme Court was asked yes- terday afternoon to compel Post- master General Farley to reinstate the airmail contract of Pacific Air ‘Transport, canceled & year ago in the general airmail shake-up, and to permit the company to bid for new contracts, Pacific Air Transport, which flew the route between Seattle and Los Angeles up to the time its contract was eanceled last February, was one of the companies which lost its fran- pany contended that the Post Office Department had canceled the cone tract without the notice required by law and without giving the company [3 ;::nee to be heard. District Court, dismissing suit, held it to be an action tnltn: the United States which should have been brought in the Court of Claims. The case was appealed and the action :'ljen:;mmn court was affirmed by Stal Court ppea. lcr!;ht DI.IMCL'A. o e carrying the case to the court yesterday, the company mhlth that it could not obtain redress in the Court of Claims, holding that court is without authority to set aside the action of the Postmaster General. —_——— MINE UNION SUED DANVILLE, IIl, Pebruary 33 (#)— Suit for a total of $300,000 against wood and correctly spell out the final message sent by Rear Ad- miral Richard E. Byrd before he started homeward. 10,000 Letters Go by Air. midst, engaged in deep, dar! ment.” THE NEW issuing & voluminous report “warning ing plots to overthrow mk'w'l;: or thoughts of the secret seven. nonfeasance. ‘The removal was effective at noon He did tell the committee, however, susp Munson Havens, secretary of the |that the secret seven proposed to rid :ogagz; ,:"..‘,’.f' eaj: JameD. More than 10,000 letters are being | CRAmber, refuses to tell Who ERe|ine city of the reds and pinks by re- He wouldn't tell s self-appointed | Porting their activities to their em- “Sherlock Holmes” seversl weeks ago 'Dployers and boards of directors. Prober Drafis Order. eutor, who conducted & sweeping in- | riots. your inefficiency and incom tellectual pinks are everywhere in our petency | bidding f¢ g liberty to divulge the names, methods | havior, misfeasance, malfeasance, and | ¢ 4 the loss of the lives of 333 m":nn"‘:m;":’-a?m”ny,. con | abie wes Sled th Fedeial 5 tract, Postmaster General - | the At hargs Wit bt eral Farley pro. e eastern district of Illinois here has been “if constant fear of the|mail for five years, The company | Karnes of Madisonville, Ky. :hruon. mmufl];fl:n' mn': '::;d since” usuod the Postmaster General in the , and had faf e proper | Supreme Court of the District of Co- | when beate: L] d Prazier Reams, Lucas County prose- | steps for guarding against fires and | lumbia to have its contract reimm,:d he was emvxl‘trybeyfl hy“ l.:a. ;umbodym 'chc}l-: . |and to compel lifting of the five- | Co.'s No. 43 mine at Harrisburg. convicts.” ANNOUNCING A motor oil that will outwear, outlast and o Incredible as they may seem— every one of these facts has been proved W would you like to use a motor oil that you can drive farther be- tween fillings than the finest oil you ever put in your crankcase? How would you like to use a motor oii that has let cars drive as much as 3,000 miles without having to add a single quart? How would you like to use an oil that practically wipes out the cost of carbon cleaning—an oil that forms virtually no carbon at all—only one fifth as much car- bon as some of the best known motor oils made? Such an oil is now actually avail- able. It is the new Gulipride. You can buy it at Gulf stations and dealers. Never before in the history of petro- leum refining has there been an oil to equal it. Even in the coldest weather Gulfpride starts your motor faster—~makes 100% Pure Pennsylvania Seld only in refinery- sealed cans—85¢ a quart the finest oil you ever bought before it seem smoother and livelier—gives it greater protection. It will literally out- wear, outlast and outperform the finest oil you have ever been able to buy heretofore. Why no other oil can equal the new Gulfpride The new Gulfpride is the product of an advanced refining process—developed, patented and used only by the Gulf Re- fining Company—known as the Alchlor process. No other oil goes through this extra refining step. Many of the highest priced motor oils— Ne.1 No. 3 composite sample after treatment residue remeved THE TEST THAT PROVES GULFPRIDE'S SUPERIORITY Bottle No. 1 contains a mixture of 6 of the best compet- itive motor oils on the market. In Bottle No. 2—the same finished oils after being treated with Gulfpride’s patented, exclusive Alchlor process. 20% of their volume bes been removed—waste materials. In Bottle No. 3—thediscarded ‘waste—carbon and sludge-forming compounds. Note the piles of carbon in front of each bottle, which represent the relative amount of earbos residue from esch oili already refined—and ready to be sold to motorists—when put through the Alchlor process in tests have lost as high as 20% of their volume. And this 20% is harmful, non-lubricating material that forms car- bon and sludge. And now—thissame process is being applied by Gulf to selected 100% . Pennsylvania crudes—admittedly the world’s finest—to produce the new Gulipride. Proof? Plenty of it! Gulfpride has already helped break 17 world’s records on land, sea and in the air. It has surpassed every set of specifica- tions ever written for motor oil, includ- ing those of the U. S. Army and Navy. But perhaps the best proof of Gulfpride’s quality comes from enthusiastic motorists who have used it. ,They tell of driving a filling of Gulfpride ¢wice as far as other fine oils before draining. One motorist, for example, drove all the way from Vermont io Portland, Oregon, without adding one drop of eil, and with periect lubrication. : Havens appeared but frankly told ‘immoral conduet, dishors during the Easter Monday fire at the | chise as & result of charges of collu- |the first district of the Progresst Cleveland citizens that reds and in- | the committee that he was not at :,fl,’:,’::f’;g duty, faflure ,;,‘m“,,‘.’: penitentiary, April 30, 1930, “in which | sion and fraud in connection with | Miners of America and officers as well as more than 300 individual defend. the airline from carrying |late Thursday afternoon by Alwin Karnes claimed he was injured erform Still another motorist drove his ear 86,000 miles over four years using only Gulfpride oil and Gulf Gasoline. During this entire time carbon was never formed and never cleaned. And at the end of the period, compression was over 90% of orig- inal compression in each of the 8 cylinders. You can get the new Gulipride today at any Gulf dealer. It is 35¢ a quari— and over a year’s time it will cost you far less than any other oil you can buy. For the good of your pocketbook and your motor, we ask you to try it. Use it once, and we believe no other oil will completely satisfy you. © 1935, GULF REFINING €O., PITTORUROH, PA. A WORD TO NEW-CAR OWNERS from Mr. William B. Stout Pres., Society of Autometive Engineers “In recent years the tendency in auto- motive engine design has been towards ever-faster speeds, greater bearing pressures, closer clearances between moving parts—which means that lubri- eants must be more efficient than ever before. The new 1935 carsare the finest that have ever been built—and they deserve the highest-quality motor oil.” Willian B. Stout The New Gulfpride is the supet-cil espe- eially refined for modern engines. It will 4ive your new car better performance and pretection. Try it. Gulf Refining Compan MAEERS OF GOOD GULF GASOLINES AND MOTOR OILS A : . Gullidy