Evening Star Newspaper, April 17, 1935, Page 1

—————————————————————— WEATHER. (U 8. Weather Bureau Forecast.) Partly cloudy with lowest temperature about 38 degrees tonight; tomorrow cloudy and slightly warmer, followed by rain in the afternoon or at night. Temperatures —Highest, 52, at noon today; lowest, 34, at noon yesterday. Full report, page A-11. The only evening paper in Washington with the Associated Press News and Wirephoto Services. WITH SUNDAY MORNING EDITION Yesterday's Circulation, 131,923 Closing N. Y. Markets,Pages 17,18&19 e @ Entered as seco post_office, Wa No. 33,223. nd class matter shington, D. ¢, N WASHINGTON, D. ¢ LEAGUE CONDENINS Rooseelt Ready to Toss Bail Opening “New Deal” Season REICH IN ADOPTING ARMS RESOLUTION OF ALLIED POWERS Draft Requested Naming of | Committee for Study of | Penalties in Future—Reich Is Dazed by Action. DELEGATE OF DENMARK ABSTAINS FROM VOTING | Hindrance to Reconciliation Task Feared—Polish Ballot Is Cast | for Condemnation Under French | Pressure—Litvinoff Seeks to ‘Widen Effect of Council Action. | | (Copyright, 1935, by the Associated Press.) | GENEVA, April 17.—The League of | Nations Council today adopted the tri- power resolution condemning Ger- many for her repudiation of treaty | obligations, with only Denmark ab- | staining from voting. The resolution, presented jointly by | France, Great Britain and Italy, de- plored unilateral abrogation of treaty obligations and - requested that the | League appoint a committee to con- sider what measures, economical and | financial, may be taken against future ; repudiators of international commit- | ments. | In London it was learned from re-| liable sources that Great Britain will | oppose Germany's demands for a large | navy during the forthcoming Anglo- German bilateral technical conversa- tions. It was said Britain does not intend to sanction an increase in the Reich's sea force which would meke it equal or superior to the British home fleet in Northern European waters. ] Dr. Peter Munch. Danish foreign minister, in the discussion which pre- ceded the voting, explained Denmark would not cast its ballot because she feared adoption of the resolution would hinder “the task of reconcilia- tion.” Poles Back Resolution. Joseph M. Beck, Polish foreign min- ister, voted for the tri-power resolu- tion, presumably, League authorities said, under strong persuasion from France. Poland previously had indi- cated her hostility toward the declara- tion because of its proposals for in- voking sanctions against future treaty violators. The vote came after Maxim Lit- vinoff, Soviet foreign commissar, had characterized Germany's rearmament | as motivated by a policy of “revenge | and conquest.” Litvinoff indicted Germany by im- plication, saying that her rearma-| ment was intended to fulfill “a policy | of revenge, the unlimited conques! of foreign territory, and the destruc- tion of the independence of entire states.” Hitler Indirectly Accused. He indirectly accused Reichs- | fuehrer Hitler and the Nazi regime| of “having publicly announced such | a program,” and he implied that the Nazis, “far from repudiating it. con- tinually circulate it and bring up their country in this spirit.” An attempt by Litvinoff to extend the implications of the resolution to parts of the world other than Europe was overridden. The Soviet delegate’s proposal was opposed by Sir John Simon, British Foreign Secretary, who asked the Council to confine itself to “practical measures so all our efforts won’t be lost in shallows and miseries.” 1 Foreign Minister Pierre Laval of | France supported Sir John's views and asked Litvinoff not to press his request. Laval suggested that the Soviet objective might “more appro- priately be done at another time under other circumstances.” Original Draft Voted On. Litvinoff thereupon agreed and the vote was called for on the tri-power resolution as originally introduced by the French foreign minister. Litvinoff told the Council it was “the duty of all countries, especially those who are members of the League, to respect international obligations.” He was the first delegate to speak on the resolution proposed by Great Britain, France and Italy to admon- ish the Reich for her unilateral ab- rogation of the military clauses of the Versailles Treaty. The Council session opened amid a tense and solemn atmosphere. The chamber was crowded with hundreds of spectators. Soon after the Soviet speaker con- cluded, Salvador de Madariaga an- nounced Spain would support the tri- power resolution. Seven Ask to Speak. Tewfik Aras of Turkey, presiding, said representatives of Portugal, Aus- tralia, Mexico, Argentina, Chile, Den- mark and Turkey had expressed their desire to speak on the momentous issue. While alluding to Germany from time to time in the course of his ad- dress, the Soviet foreign commissar forbore to mention the Reich by name. He recommended that in the interest of world peace the countries not rep- resented at the session should re- (Continued on Page 5, Column 6.) R A GLIDER FORCED DOWN Pilot Foiled in Catskill-Philadel- phia Elight. » N. Y., April 17 (P).— Lieut. Lewin Barringer, attempting to pilot a glider from the Catskill Moun- tains to Philadelphia, Pa., landed in a swamp 4 miles from here yesterday. The flyer said he encountered tur- bulent winds over High Point Moun- tain in Northern New Jersey and ‘ound it impossible to proceed, |velt was all set, first ball as a belated signal that the base ball season is on here. More Than 20,000 Game of Year This Expected at First Afternoon—Brisk, Bright Weather Greets Fans. With Clark Griffith of base ball's brain trust promising a new deal to IWxashimnon's fandom, President Roosevelt—greatest New Dealer of them all— was ready to shove affairs of state aside this afternoon to see what President Always willing to lend a hand to I with hardly any weather yesterday delayed the local®® opening until today. The Presidential heave, to be re-1 corded by cameras and applauded by | a throng of some 20,000 fans, was w‘ be the signal, specifically speaking, for Bucky Harris, the one-time boy man- ager who has returned home, to spur a reorganized Washington team to- | ward a repetition of glorious triumphs of yesteryear. Several new faces will replace old, familiar ones when the newly-uni- formed Nationals take the field shortly after 3 o'clock against the ven- | Griffith has to offer in the way of a recovery act for the Nationals. ift others out of a slump, Mr. Roose- training at all, to fling out the Too frigid erable Cornelius McGillicudy's Phila- delphia Athletics. The popular Joe Cronin, playing manager of former years, is gone to other fields and in his place at short- stop will be a flashy newcomer, Lyn Lary. Of particular interest to Wash- ingtonians will be the debut in cen- ter field of Alvin Powell, former sand- lot star here, who, for the time being at least, will fill the shoes of Fred Schulte. Taking over the pitching assign- ment from President Roosevelt after (Continued on Page 2, Column 8) HOPKINS MAY JON ICKES-LONG ROW PRESIDENT HINTS ATRELIE SET-LP ISaves Fire Until Course of‘Monetary and Building De- CLIPPER BREAKS ALL SPEED MARKS ON HAWAI! FLIGHT Time of 17 Hours 47 Min- utes Beats Previous Mark 7 Hours. MAINTAINS SCHEDULE OVER ENTIRE DISTANCE Instruments Work Perfectly on Flight Involving Hours in Cloud Banks. By the Associated Press. HONOLULU, April 17.—The big clipper plane Pioneer alighted on Pearl Harbor here at 7:57 a.m. Honolulu time (1:27 pm. FEastern standard time), today after a 2,400-mile flight from Alameda, Calif The plane roared over Honolulu at 7:05 am. Honolulu time, setting a new record for the East-to-West cross- ing of the Pacific. Gliding gracefully down in a wide circle, the clipper split the waters of | Pearl Harbor exactly three minutes | before her scheduled landing time. The ship had spent 52 minutes cruis- ing over the city and adjacent cane fields. Cuts Mark Seven Hours, | | | | WEDNESDAY, APRIL 17, 1935—THIRTY-EIGHT PAGES. ¢ Foening Star THIS 1S GOIN' To BE EMBARRASSIN' To ME! ‘SEGURITIES RULES Louisiana Bill Is Determined. By the Associated Press. With hostilities between Senator Long, Democrat, of Louisiana and Roosevelt men flaring into the open again,* the Capital watched today in the expectation that Harry L. Hop- kins, relief administrator. may be the next to crack down on Long’s newest plans. So far Hopkins has refrained from saying anything about the news from Baton Rouge that a bill has begn put | tails to Be Separate, Roosevelt Says. BY J. RUSSELL YOUNG. The administration set-up to direct the $4,880,000,000 work-relief program will be announced within a few days, President Roosevelt said today in an- nouncing progress in working out plans. In revealing at his press conference some major features of his expanded recovery drive the President said the It cut exactly seven hours from the | FHN Some Returns Not Yet Rece| () Means Associated P %Barbering Taken In Hand by Court In Price War Curb best time made in the six previous crossings from California Comdr. Kneffler McGinnis led a mass flight of six Navy planes to the | islands January 11, 1934, in 24 hours forward to place relief money under | the control of the State administra- tion, which Long directs through Gov. | 0. K. Allen But the Capital noted the assertion | of Secretary Ickes, public works ad- ministrator. that public works funds 'won't be used to build up Senator Long’s poiitical machine,” and re- i called that Hopkins, too, had acted | program will be divided into two sep- | arate functions—one to make allot- | ments of money and the other to handle engineering and building | details. In the matter of relief, the Presi- | dent said Harry L. Hopkins, Federal relief administrator, is at present | working on a program to include, first, | the determining of an absolutely cor- and 45 minutes. The Clipper, which left Alameda at 3:50 pm. (Pacific standard time) | (6:50 p.m. Eastern standard time) yesterday, reached almost 160 miles an_hour at times. Frequently, however, it slowed down to keep on its exact schedule. Weather conditions were unusually | MADEANDATOR Board Will Compel Accept- ance of Control Program, Kennedy Says. | By the Associated Press A threat of force was raised today | | | Chicago Lawyers Say Ac- tion One of Strongest |19 Others Sentenced Fol-' Ever Taken. By the Associated Press. CHICAGO, April 17.—Cutting a | man’s hair for 49 cents may send any | Chicago barber to jail | And the old days are over when a SHITZES G FRE N SPY CAARGES lowing Long Trial of French Case. By the Associated Press. PARIS, April 17.—After 16 months | favorable for the flight, and the crew | by the Securities Exchange Commis- | department store barber shop sent | in French jails, Mr. and Mrs. Rob- frequently messaged about the scenic | sion to secure obedience to its newest busses after its customers, competing ert Gordon Switz of New York and beauty of the sunset and the moon- light as it skimmed through the clouds. Majestic in its flight, the clipper | of a broad set of mew rules designed employing about dipped a greeting to the thousands of | residents who gathered early to await | its arrival. Exactly on schedule, Capt. Edwin C. | tion be adopted “as rules of the ex- |taken against price-cutting. | Musick and Pilot R. O. D. Sullivan pointed its nose directly over the city. With smooth precision the clipper, | after crusing over the city, settled on the waters of Pearl Harbor, | was lifted, however, when P. W. A. | in the case of other States where he | charged politics had become entan- | gled with relief. Hopkins was known to be follow- ing the Baton Rouge developments closely and was said to be saving his | fire until he knows just what is to ! become of the relief bill in question. | Cancellation Threat. [ Just what he might do if the relief measure passed was not disclosed. | Ickes’ statement yesterday took the form of a threat to cancel all public | works projects in Louisiana—a threat which brought from Long the reply that Ickes might “go slap damn to hell.” Once before Ickes had struck at the Long forces, holding up all non-Fed- eral Louisiena projects for some time after the enactment of Louisiana’s two- year debt moratorium act. The ban | | | lawyers found the law would not in- terfere with repayment of project loans. Although 98 per cent of relief in Louisiana has been paid for by the Federal Government, Louisiana re- ceived its April grant of $1,367,962. After Hopkins had demanded in- creased contributions, the State Legis- lature recently authorized local taxes expected to bring in $2,400,000 for the care of unemployables during the coming year. Further recriminations were in pros- pect in the Long-Ickes dispute, for the Louisiana Senator said: “I'll answer all these cabinet mem- bers and Senators on the floor of the Senate Monday.” “There’s one sovereign State left in America run by the people who don't give a damn about the combination between Stalin and the Nourmahal.” Ickes had said: “If Senator Long is going to dictate to us how we shall conduct the P, W. A. program in Louisiana, we reserve the right to cancel our contracts.” Foe Threatens Long. BATON ROUGE, La., April 17.— The Louisiana Legislature was ready today to rubber-stamp more laws for Senator Huey Long after a night meeting enlivened by the ousting of Mrs. J. S. Roussel, president of the women's division of the Square Deal Association, anti-Long organization, and a near fight between Long and Representative Malcolm S. Dougherty. Six new bills, largely technical amendments to existing acts, were introduced and 26 others advanced to passage votes. When Representative Isom J. Guil- lory, administration floor leader, in- voked a rule last night to clear spec- tators from the side-wall railings, Mrs. Roussel shouted: “I object!” On orders from Speaker Allen J. Ellender, Sergeant at Arms A. J. Thomas seized her by the arm and led her out of the chamber as she waved an American flag and sang “The Star Spangled Banner.” Dougherty, dairy farmer from the strongly anti-Long parish of East Feliciana, had a run-in ‘with Long that resulted in his being put out of Gov. O. K. Allen’s office by one of the Senator’s bodyguards. “I told Long I was able to knock h— out of him any time and any place I could get to him,” Dougherty declared. —_— LOCAL OPTION DEFEATED Tennessee Senate Turns Down Bill by 21 to 11. NASHVILLE, April 17 (#)—Efforts to legalize whisky in Tennessee, dry for 25 years, have ended in faflure. The State Senate, by a vote of 31 to 11, late yesterday turned down an administration-opposed local option liquor bill. By its action, the Seaate definitely put a stop to any further efforts to repeal the prohibition laws at this session. 2 rect and fair list of the unemployed everywhere in the United States; sec- ond, the rechecking of these lists and. third, the redistricting of relief regions. The President also said an accurate | census of the unemployed will be made by the so-called “white collar” unemployed and that this census will be the most thorough and painstaking of its kind ever undertaken in this country. The President estimated it would probably cost between 12 and 15 million dollars. Mr. Rooseveit indi- cated he has been considering the un- employment situation in Washing- ton when he said Commissioner Allen had discussed with him the plan he is working out to take care of the so- called pick-and-shovel men out of work here. Approves D. C. Plan. The President seemed to think the District Commissioners’ plan was practical and would prove satisfac- tory. Mr. Roosevelt said applications for ! more than $900,000,000 work relief money already have been received from all parts of the country and that from his study of the subject he felt confident the applications finally will total between 16 and 20 billion dol- lars. Mr. Roosevelt made it plain he is going to avoid as far as possible direct grants to States, counties and munici- palities and others. He is going to insist on carrying out a policy of putting the money out in the form of loans. In this connection, he made it clear he wants the Government to get back as much of this money as possible. 4 In determining allotments, the President said he wlil create a large round table conference to pass on applications for small allotments as well as large ones. He explained he wants to make sure every plan pre- sented is given a fair hearing. The personnel of this large round table conference, according to the President, will comprise heads of various agencies that will participate in the work relief program and others. He will personally retain the whole responsibility of spending this money and will work with the con- ference in deciding upon allotments. In engineering and building phases of the general program, he said it will not be necessary to utilize a round table conference. He said this work will be carried on by existing agencies (Continued on Page 3, Column 4.) ROOSEVELT ORDERS CLQTH IMPORT QUIZ Complaints Against Japanese Bleached Cotton Goods Leads to Move. By the Associated Press. The Tariff Commission was ordered today by President Roosevelt to make an immediate investigation into com- plaints against the importations of bleached cotton cloth. Mr. Roosevelt acted upon recom- mendation of the National Industrial Recovery Board, which has been study- ing complaints by the cotton textile industry that imports, pa rly from Japan, are damaging the domestic industry. The board reported “the facts war- rant further investigation.” Secretary Hull concurred in the order for the Tariff Commission investigation. The source of the importations complained of was not named by the President in informing newspaper men of his action. New England Governors last week complained to the President about im- portations of Japanese cloth which they said was a factor in the trouble- some condition of the textile Capt. Musick shot N choppy channel for a short | then turned and headed into position | before the concrete ramp. 1,000 Greet Arrival. | As the plane taxied to the ramp, it was halted before about 1,000 cheering spectators Comdr. Wayne Tood of the Fleet Air | Base, accompanied by Col. Clarence M. | Young and J. Parker Van Zandt, local manager for Pan-American Airways, greeted Capt. Musick. | Vastly pleased at the successful | culmination of the flight, Col. Young, | said that “the results of this trip are | tremendously satisfactory.” | “However, Pan- American officials | consider this flight a routine move- ment in steady construction of trans- oceanic airlines. “It was undertaken only after care- ful preparation and was in no way in- tended as a stunt flight.” The Clipper’s commander and his crew of five men were introduced to | A. E. Kirk, president of the Honolul | Chamber of Commerce, who in turn | Foindexter, Admiral Harry E. Ya | nell and others. to Hawaii was delivered to Postmaster John Wilson, whose men deposited it in an automobile and sped toward the Honolulu Postoffice, accompanied by a police escort. DETROIT POLITICIAN AGAIN REAPPEARS John Gillespie Is Located After Second Mysterious Dis- appearance. | | By the Associated Press. LANSING, Mich, April 17.—John Gillespie, Michigan political figure, was back at Clare, Mich.,, today after a second mysterious “disappearance.” The “goings and coming” of Gil- lespie, located Monday at the ranch home of a friend after he had been missing 11 days, only to “disappear” again yesterday, elicited barbed com- ment from Gov. Frank P. Fitzgerald. “This has gone past the humorous stage,” the Governor said. “It is strange if there is not some way of ending the thing.” Meanwhile, the State Police guard before the executive's office was in- creased to three men. The former millionaire Detroit police commissioner had quarreled heatedly with Fitzgerald over the Governor's order barring him from the Detroit Liquor Commission office. representing Pan-American Airways, | | control program. In sending the exchanges eopies | to check manipulative practices, the | | commission “suggested” the regula- | jchnnu.“ But Chairman Joseph P.| Kennedy announced the commission { compel any recalci- to adopt and enforce | was Ffi to tra; les. T ey ‘The general intention of & n% regulations, announced | to attempt to prevent stock:e: | | members from making money at the | | expense of their customers, to put a | stop to excessive trading and to re-| 'xmct the personal account opera-: | tions of specialists to the needs of s/ “orderly” market. ' To Allow Flexibility. A statement accompanying the | rules said: “This course will allow | | greater flexibility of administration | | to attend these rules—a desirable at- | tribute, inasmuch as these rules must | | still be regarded to a large degree as experimental.” Much in the way of interpretation was left to the Business Conduct Com= mittees of the exchanges. This was especially'so in the rules prohibiting | excessive trading and with the com- | | mittees left the task of defining “rea- | onable” volume. | However, Kennedy made it plain with rivals who gave away sacks of | candy to the children. The entire trade—some 4,000 shops, 10,000 men — has been taken in hand by Superior Judge | John P. McGoorty in what lawyers | call one of the strongest actions yet | | | Every shop in the city now operates under a permanent injunction issued by Judge McGoorty. While the order | only fixes minimum prices, these con- | stitute in effect a tradewide price scale. * A plain shampoo is 50 cents by the judge's order. Hair tonic comes at 15. An egg shampoo is 75. A hair cut is 50, a shave is 25. RICHBERG T0 ACT I Senator Nye, Informed of Plan, Withholds Proposed - Inquiry for Time. By the Associated Press. Chairman Nye of the Senate Muni- tions Committee said today he was informed that Donald ‘R. Richberg, | presented them to Gov. Joseph B. | that if such definitions do not meet | Chairman of the National Recovery | with its approval, it will request Board, was going to “crack down” on East Orange, N. J., were ordered freed today by a court which for the last | month had tried them and 19 others on espionage charges. Most of the others were ordered to jail. The court recognized that the Switzes were guilty, but declared them “exempted from punishment” because they had turned State’s evidence against their co-defendants. “I am delighted to be free” ex- claimed Mrs. Switz, immediately after the court’s verdict was announced. Estrangement Indicated. Mrs. Switz listened eagerly as a judge read off the sentences. She watched her husband sharply, but he never glanced in her direction. Both smiled happily when it was announced they were to be released. Switz seemed studiously to avoid look- ing at his wife, strengthening rumors that they had become estranged dur- ing their long imprisonment. Col. Octave Dumoulin, one of the sentenced to five years’ imprisonment. Mme. Dumoulin, who was in the back of the court room, shrieked wildly, walked up and down, and cried: “It's not right!” She sobbed aloud as the rest.ot the sentences were pronounced. Lydia Stahl, g#ho had been one of the gayest flefendants despite her hav- ing been characterized as one of the ringleaders, broke down when she heard a five-year sentence pronounced against her. Two Mothers Shocked. Marie Mermet and Chana Salman, both of whom have babies born in prison, heard their sentences of three years each with little gasps of shock, | changes and, if these are not forth- | the Colt Firearms Co. for asserted non- | The first airmail from the mainland | coming, compel the acceptance of its | comPpliance with N. R. A. labor clause: | own interpretations. | He repeatedly emphasized that the rules were experimental but predicted | they would provide the basis for per- manent regulatory policies. New Rules Announced. Some of the rules are already in effect or substantially so on the ex- changes. Under new ones, an ex- | change member (his firm or any part- gaging in: Transactions involving an amount of stock which is “excessive” in point of either the market for that stock or his financial resources. Transactions in a stock in which he has a joint account interest with any person other than a partner, unless the Exchange approves. ‘Transactions for others in which he has discretion to select the security, determine the amount and whether to buy or sell, unless—the transaction is for a bona fide cash investment ac- count, or unless the person for whom he acts is unable to affect the trans- action and in all such instances a quarterly report must be made to the Exchange. Transactions in which he buys a stock at successively higher, or sell at successively lower, prices to create a false appearance of activity in the stocks involved. Transactions in which he, his firm or any partner has, to his knowledge any interest in any put, call, straddle or option. ‘Transactions calling for action as an odd lot dealer or specialist without registering with the Exchange. By the Associated Press. LONDON, April 17.—Mrs. Evelyn Violet Jean Kennerley, fined after pleading guilty to a charge of at- tempting to evade duties on cloth- ing said to be gifts from Princess Barbara sHutton Mdivani, was quoted by the London Express today as say- ing the American heiress “may pay the fine for me.” Mrs. Kennerley, an American of; British birth, disclosed the garments involved were some discarded by Prin- cess Mdivani. “The princess often bought lovely clothes, wore them opce and then gave them to me,” she said. “I am sure this case will not affect our friendship.” The ) Princess’ Second-Hand Frocks Land Friend in Customs’ Toils amounted to £211 $1,000). Mrs. Kennerley, who lives in Lon- don’s “Greenwich Village,” Chelsea, with her American husband, said she traveled around the world with Prin- cess Mdivani and also was with her recently in Egypt. “It all happened,” the interview continued, “when I went to a birth- day party the princess gave in Paris last November. She gave me some of her lovely, clothes and 1 brought them to England unaware that second-hand clothes should be declared.” Fourteen dresses, seven hats, two pairs of shoes and two handbags were found in her luggage by the customs inspectors. The dresses were said to have cost between £25 and £80 each (approximately from $120 to $400) i (approximately I s. | but otherwise showed little emotion. He added that for that reason the | Maurice Milice was ordered jailed committee would withhold for the four years and fined 3,000 francs; | ner) would be prohibited from en- | | sessions would begin today and con- time its proposed inquiry. | “I am advised that Richberg is going | to notify the Government departments that Colt’s has lost its Blue Eagle,” the | North Dakotan said, explaining that | | this order automatically should cut off | | all Government orders from the com- | pany. | | Await Department Step. | “After that we will see what the | War Department will do,” he added. | Meanwhile, asserting directly that Bernard M. Baruch was “running | away” from efforts to take the profit | out of war, members of the Senate | Committge answered the financier's criticisms by at once starting to write | their own proposals into the House bill embodying his iceas. Baruch, New York financier, said the committee’s drastic taxation pro- gram might cause defeat in war time by crippling industry, and this aroused Nye and Senator Vandenberg, Repub- lican, of Michigan. Smith’s Closing Story. With little comment or outward evidence of interest, the committee yesterday heard the closing story of how Ben Smith, Wall Street operator, acquired control of the New York Ship- building Corp. There was some laughter at his picturesque narration of events surrounding attempts to get the com- pany for competing interests. The committee afterward an- nounced that immediate executive tinue the balance of the week while it built into the McSwain war-profits bill passed by the House its far more drastic plan for scraping every ves- tige of war earnings out of industry and trimming individual salaries to the minimum. The McSwain bill contains most of Baruch’'s proposals. Efforts of the committee to elicit evidence from yesterday's witnesses that those interested in buying New York Shipbuilding stock had “inside information” of the Roosevelt naval program of 1933 brought emphatic denials from all. “It was all in the newspapers,” Smith summarized. Guide for Readers Radio Serial Story Short Story | years, 500 francs; Moise Gorin was ordered jailed 10 months and fined 1,500 francs, Other sentences: Octave Aubry, four years, francs; Feribel Storm, four years, 3,000 francs; Marcelle Aubry, two Riva Davidovici, 1,000 francs; Douchan | Narandisch and Vatroslav Reich were acquitted. = SPRING RETURNING WITH MERCURY RISE 55 Degrees Is Forecast Today, With Warmer Weather Due Tomorrow. two years, Higher temperatures today brought back to the Capital a semblance of Spring which "had been pushed into the background for several days. With a steadily rising temperature since early last night the Weather Bureau expected the mercury to rise to 55 degrees this afternoon and prom- ised slightly warmer weather for to- morrow. It is to become cloudy, how- ever, with rain tomorrow afternoon or night. The official thermometer at the Weather Bureau read 38 degrees at 8 p.m. yesterday. From then pn it climbed up through the night and read 42 at 8 a.m. today. If the warmer weather continues, officials expect the double-blossomed cherry trees along the speedway in East Potomac Park to be in bloom by Sunday to furnish a good show for Easter crowds. RIDDER SUCCEEDS OCHS Takes His Place on A. P. Board in Accordance With By-Laws. By the Associated Press. NEW YORK, April 17.—The Board of directors of the Associated Press today named Victor F. Ridder of New York to fill the vacancy caused by the death of Adolph S. Ochs, whose term tablished precedent of not filling vacancies prior to the general mem- bership meeting, a provision of the by- laws making it mandatory that a member from New York State must sit upon the board. Ridder has announced that he will not be a candidate for the vacancy at the membership 2,000 | ived. TWO CENTS. HARRISON OF FERS COMPROMISE FOR BONUS PAYMENT WITH BOND ISSUE 1$1,300,000,000 Estimated Cost of Settlement by Means of 3 Per Cent Ne- gotiable U. S. Obligations. ress. ENACTMENT OF PENSION LEGISLATION IS BARRED Bill Provides for Punishment for Transfer of Securities of Less Than Face Value Within Pe- riod of Six Months After Their Issuance to Veteran. BY G. GOULD LINCOLN. A “compromise” soldiers’ bonus bill, | estimated to cost $1,300,000,000, was | introduced in the Senate today by | Senator Harrison, Democrat, of Mis- sissippi, chairman of the Finance Committee. Senator Harrison is confident the | President will not veto the measure if it is passed. The bill provides for exchange of World War veterans’ adjusted service | certificates for 3 per cent, negotiable | Government bonds. | 1t declares, “in view of the generous benefits” accorded the veterans of the World War by the Government, that it is the policy of Congress “that there should not be any general pen- sion laws enacted for the veterans of the World War or their dependents.” Based on Military Service. The Government bonds which the Government will issue in exchange | for the adjusted service certificates— the bonus certificates—will be based on the military service of the veteran, at $1 a day for service in this coun- try and at $125 a day for service abroad, and shall include interest at 4 per cent, compounded annually, | from November 11, 1918. 1If the vet- éran turns in his bonus certificate the interest will be compounded up |to that time. Otherwise the interest will be compounded to January 1, | 1945, the date on which the adjusted service certificates are now due and payable. Indebtedness of the veteran, due to loans and interest thereon accrued to the date of settlement, will be deducted from the face value of the | bonds issued to take place of the bonus certificates. The bill is designed to place in e hands of the veterans, or as many of them as may desire® negotiable | Government bonds which they may ltum into cash. | By dating the compound interest | back to November 11, 1918, the vet- erans will lose little of the face value | of their present bonus certificates. The | bonus certificates are based on their | adjusted service cradit and interest | compounded at 4 per cent from the | dates of issue. None of them was issued prior to January 1, 1925. Sale Price Limit Fixed. The Government bonds issued to the veterans for their bonus certi- ! ficates are to be redeemable in law- {ful money of the United States at |a date to be fixed by the Secretary | of the Treasury. In order to protect the veterans, the bill provides that for a period of six months after a bond has been issued to a veteran any one who buys |or loans money on the bond for a | less amount than the amount shown |on the face of the bond shall be | guilty of a fraud and shall be punished by a fine of not more than $10,000 or | imprisonment for not more than two years. Senator Harrison issued the follow- ing statement in explanation of his bill: “The bill seeks to amend the World War Adjusted Compensation Act of | May 19, 1924, s0 as to permit veterans | who so desire to surrender their eer- | tificates and in lieu thereof receive negotiable bonds. The rate of interest which the bonds will pay is 3 per cent, and as Government obligations bearing this rate are now selling at a premium and are greatly in demand, such veterans as may desire to con- vert these securities into cash will find a rgady market for them. So as to protect the veterans against being defrauded by unscrupulous persons attempting to gain possession of the (Continued on Page 4, Column 3.) Veterans Would Lose |$235 on $1,000 Bonus |{Under Bond Plan ‘The following explanation of the way the Harrison ‘“compromise” bonus bill would work came today from officials of the Veterans' Ad- ministration and from Senator Harrison: If the holder of a bonus certificate with a face value of $1,000 desires to trade in his certificate for a negotiable bond, he would receive a 3 per cent bond with the principal amount of about $765. Although the credits would be figured from 1918 instead of 1925, a calculation of the Vet~ erans’ Administration, the sur- render value of the bond would not equal the maturity value until some time in 1942, instead of 1938, as would seem to be the case. If a veteran elects not to cash in and holds his bonus certificate until 1945, because of the added interest, he would receive about $1,115 if the face value of his cer- tificate had been $1,000. At the same time he would retain the insurance protection now afforded by the present act. In other words, should he die, the face value of the certificate would be payable to his beneficiaries. |