Evening Star Newspaper, March 1, 1935, Page 6

PRESIDENT OPENS - BABY BOND SALES Acquires Six of New Offer- ing at Ceremony in White House. (Continued From First Page.) have been taken by banks and corpora- ticns. He added that the Treasury has decided that every citizen should have a chance to buy sound Govern- ment securities, and become a partner in his Government. Z Units Up to $1,000. “These bonds are issued in de- nominations as low as $25” the Treasury head told the President. “The other units are $50, $100, $500 and $1,000. The $25 bond will cost you $18.75 today. It grows in value every year, and if you hold it for the full 10 years you will increase your investment by one-third. That ap- plies to all the other denominations being issued.” At this point the President inter- rupted him by saying, “But suppose I want to_cash my bond before that: suppose I need my monty in a hurry?” “In case of an emergency,” Mr. Morgenthau answered, “the Govern- ment will redeem your bond at any time after 60 days from the date of issue. You cannot be deprived of payment through loss, theft or de- struction. The Government always teplaces them. Your name is written on the face of the bond when you buy it and the United States Treas- ury will have a record of your own- ership. It will keep a bond for you if you request it.” H During his explanation of what me; Post Office Department is doing as a | sales agency for the bonds, Postmaster | General Farley said: “It is as simple as buying a money- order. Throughout the country these | bonds are on sale in about 14,000 post | pffices. I have advised postmasters and their staffs to give every assist- ance. In many post offices there will be separate windows and special offi- cials to handle the sale.” Portraits of three Democratic Presi- dents and of one Republican appear on the face of the new securities. The $25 bonds bear & picture of George Washington, while the like- ness of Jefferson appears on the $50 | bond, Cleveland on the $100 denomi- | nation, Wilson on the $500 and Lin- | coln on the $1.000 unit. Treasury spokesmen said it was the first time a picture of Woodrow Wilson had been used on a public debt security of the United States. CELEBRITIES IN ART | 87 Included in Exhibition of Miss | Peggy Bacon. Thirty-seven contemporary Ameri- can celebrities are included in Miss Peggy Bacon's art collection, “Off | With Their Heads,” which went on exhibition today at the Art League of Washington, 1503 Twenty-first | street. | Portraits of political and business world celebrities, such as President Roosevelt, Mayor La Guardia, Rex- ford Guy Tugwell, Dr. Fred Howe, : Bernard Gimbel and Mrs. Charles Sabin are included in the collection. | From the world of art, literature, music, theater and journalism are found portraits of Mrs. Juliana Force, Henry McBride, Sinclair Lewis, Lil- lian Gish, Dorothy Parker, George Gershwin, Heywood Broun and Art ! ‘Young. ‘The exhibition will continue through March. The galleries open at 10 am. and close at 5:30 p.m. daily. Admis- &ion is free. HOOVER NAME FORGED Police Hunt Youth Offering Check at Liquor Store. Police today were searching for a | young man said to have represented himself as a “Department of Justice employe” in an effort to cash a check bearing the forged signature of J. : CLEVELAND 8.50-PHILA 3.50 Edgar Hoover, chief of the Bureau of | Investigation. The young man presented the check | at a liquor store in the 1300 block of | B street northeast, but the clerk de- | clined to cash it. I Give your home the ’As President Roosevelt is shown with Secretary of the Treasury Morgenthau (left) and Postmaster General Farley at the White House ceremony this morning which inaugurated the sale of the Government’s new “baby bonds.” THE EVENING STAR, WASHINGTON, D. C. FRIDAY, MARCH 1, 1935. President Purchased First “Baby Bonds” Mr. Roosevelt purchased one for himself and one for each of his five grandchildren. —A. P. Photo. BONUS BILL OFFERED Gore Would Pay Fund by Foreign ‘War Bonds. Payment of the soldier bonus with bonds sent to this country in liquida- tion of war and post-war debts was proposed yesterday by Senator Gore, Democrat, of Oklahoma in & bill in- troduced in the Senate. Coupled with the bonus payment was a provision in the bill that in event this gountry engaged in war the debtor countries would be per- mitted to pay off the bonds with munitions or other products needed by this country. EDUCATIONAL. SIVE GOURBE. "The Croil Beviice: Brepara STATISTICAL CLERK Opening New Class Special course preparing for civil service examination starts Tuesday evening, March 4. The course in- cludes only material essential for examination. The class is limited. Register this week. || MOUNT PLEASANT SCHOOL FOR SECRETARIES Tivoll Theater Building 14th Street and Park Road Telephone Columbia 3000 EDITORIAL CLERK s2¥100. T e e SIGNATURES IDENTIFIED i LOS ANGELES, March 1 () —Miss | Ann E. Murphy, secretary of the Scripps Newspaper enterprises, yes- terday testified that the signature of | the late B. H. Canfleld, publisher, on | notes totaling $250,000 were genuine. ! Miss Murphy was a witness in Su- | perior Court at the trial of the suit | of Miss Alice L. Canfield, suing as executrix of the estate of her brother, | in which she seeks to recover $1,100,~ 000 from E. W. Scripps and his asso- ciates. Miss Canfield alleged the signatures on two of the three nol.aI were forgeries. | Experienced Travele prefer these Heated by Hot Water. LOW FARES. NEW YORK (Six Thru Expresses) 5.50 NORFOLK (Stops U.S. Naval Gate) 4.20 MIAMI ;.. 10 - PITTSBRGH $6 - BOSTON 8.50 CHICAGO $13-ST.LOUIS 15.50 - RICHMND 2.50 ANGLS 39.50 —savings to all points Phone District 5600 INANNAPOLIS HOTEL 33%:%, REAT EASTERN <> System "LUMBER MILLWORK} ‘ We Specialize in SMALL ORDERS It we don’t have it stocked, we’ll cut it withe out extra charge. Never a charge for delivery! Phone Mr. Jack for Prices J. 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