Evening Star Newspaper, July 12, 1935, Page 3

PRESIDENT HIT ON GUFFEY BILL Has Sacred Duty to Consti- tution, Declares Prof. Warren R. West. President Roosevelt invited Con- gress “to abandon the obligation of office” when he suggested that it fgnore the constitutionality of the Guffey bill, Dr. Warren Reed West, professor of political science and as- sistant dean of the George Washing- ton University School of Government, charged in a lecture yesterday. The courts are not the only proper Interpreters of the. Constitution, and Congress and the President have an equal duty to keep that document in- violate, he declared. Defends Sunreme Court. Dr. West strongly condemned ef- forts to undermine the prestige of the Supreme Court “by placing upon it the onus of repeatedly holding acts unconstitutional.” “The more beneficial these uncon- stitutional laws may seem on their face, the more plausible the criticism | will appear to be,” he continued. “If it is the legislation of the ‘social’ type it is almost inevitable that the court will be called reactionary, a bar to progress or a horse-and-buggy type of mind and lacking in the stream- lined proportions of the high-powered 1936 model progressive. Respect for High Court. “Probably of all our institutions, the Supreme Court has commanded the most respect of all our own citi- gens and has been held in greatest admiration abroad. Certainly it would seem to be a mistake to proceed lightly to weaken the standing of an institution that occupies so impor- tant a place in our system.” With respect to the obligation of the President, Dr. West quoted the words of the late William Howard “Taft, the only man who served both as President and Chief Justice, that it is the duty of the President to veto & bill if it “violates the Constitution he has given his plighted faith to maintain and enforce.” — SPECIAL NOTICES. §EPORT OF AFFILIATE OF A NATIONAL ank., made in compliance with the re- quirements of the banking act of 1933, Report as of June of Metropoil- tan Maryland Land & Parking Corporation, office. Washington, D. C., which, under the terms of the banking act of 1933 is afliated with the National Bank of Washington, Washington, D. C. ~Charter number 3425, Federal Reserve district number 5. “Function or type of business Real estate holding company. Manner in which above-named organization is afili- ated with national bank and deeree of control Majori! of directors are also directors of a: te bank. PFinancial re- lations with bank: Stock of afliated bank owned. none: stock of other banks owned. none:; amount on deposit in affili- ated bank. $54.00: loans to afliated bank, none. Borrowings from affiliated bank, §$K85,714.25. Other information necessary to disclose fully relations with bank. none. I JAMES R. ELLIS. secretary-treasurer of Metropoiitan Maryland Land & Parking Corporation. do solemnly above statement is tr i knowledge and beitef. JAM secy.-treas. Sworn to and subscribed fore me this day of July. 1935 (Seal) = JOHN HILLYARD, 'Notary Public REPORT OF AFFILIATE OF A NATIONAL bank. made in_compliance the Tre- act of 14, f Nos 11th 7. guirements of the panki Report as of June 29. 1935, Smith & Fuller Co. Inc. 631 vania ave. n.w.. Washingion, D. C., h, under the terms of the banking act of 1933 Ml:ated with The National Bank ton. Washington. D. C.. Charter 25, Federal Reserve district No. 5. o Or type of business: Real estate, s and insurance. Manner in which above-named organization is affiliated with Dational bank. and degree of control: Majority of directors are also directors of amliated_bank. Financial relations with bank: Stock ‘of afMliated bank owned, none; stock of other banks owned, none; amount on deposit in affliated bank, $35.702.68; loans to aflliated bank. none; borrowings from afiiliated bank. none: other _information necessary to_ disclose 1ully relations with bank. none. I. ODELL 8. SMITH, president of Norment. Smith & Fuller Col. Inc. do solemnly swear that | the above statement is true. to the best | of my knowledge and belief. ODELL S. | SMITH, president. Sworn to and sub- | scribed before me this 1ith day of July, | 1935. (Seal.) JOHN F. HILLYARD, No- tary Public. | bank made in compliance with the T quirements of the banking act of 1 Sepors as of June S0 1635 of the Nor: | folk & Washington. D. C.. Steamboat Co. | office 1120 ith st. sw.. Washington. D. C.. which, under the terms of the banking act of 1933, is aflillated with the National Bank of Washington. of Washington_ D. C. Charter No. 3425 Federal Reserve District No. 5. Function or type of business: Trans- Portation. Manner in which above-named organization is afiliated with national bank, &nd degree of control: Majority of direc- tors are also directors of affiliated bank. Financial relations with bank: Stock of afiliated bank owned. none: stock of other banks owned, two shares par value $20 er share: amount on deposit in affiliated ank, $164.705.76: loans to afliated bank, none. Borrowings from affiliated bank. none. Other information necessary o disclose fully relations with bank. none. 1. CLARENCE F. NORMENT president of “the Norfolk & Washington, D. C.. Steamboat Co.. do solemnly swear that the above statement is true. to the best of my knowledge and belief. CLARENCE P. NORMENT. Jr.. president. Sworn to and subscribed ' before me this_11th day_of July. 1935 (Seal.) JOHN F. HILLYARD, Totary public. THE ANNUAL MEETING OF THE SHARE- holders of the Northeast Building Asso tion will be held Thursday. July 18. 1 | at 7 o'clock pm. at the office of | Northeast Building Association. 2010 Rhode Island ave. ne. for the purpose of elect- ing directors for the ensuing vear and the transaction of such other business as may Properly come before the meeting. SCHUYLER S. SYMONS. Secretary. § SHALL NOT BE RESPONSIBLE FOR = T 1830 TO_WHOM IT MAY CONCERN: NOTICE 15 hereby given that on or after three weeks of consecutive advertisement. I will gell junk. or auction at any reputable piace” that Is authorized for same. one Chievrolet sedan described as foll i exhaust No- 33% M. H. PE nd day of July. 1935 at the hour of vclock p.m.. for the purpose of sub- 2 to a vote of the stockholders of d Export-Import Bank of Washington, the question of retiring the preferred D _C. and for th transaction of any other "\‘:eus'(:‘lee:fm!‘h. roperly come befor 5 may proerly GEORGE N. PEEK. t P % H. NEFF, ROBERT F. KELLEY Malority of Trustees of Second €xport-Import Bank of Washinsten. D. C. June 24. 1935. SPECIAL RETURN-LOAD RATES ON FULL and part loads to all points Wwithin 1.000 iles; padded vans: guaranteed service; jocal moving also. Phone National 1460. AT. DEL. ASSOC.. INC.. 1317 N_Y. Ave. WANTED _RETURN LOADS FROM KNOX- ville, Tenn.. Pittsburgh, Pa.. Rochester. N. Y. and Springfield. Mass. moving__ SMITHS 'TRANSFER STORAGE CO.. 1313 You st. n.w. orth_8343. AILY TRIPS MOVING LOADS AND PART oads to and from Balto, Phila and New ork. Prequent trips to other Eastern jties “Dependable Service Since 1896.” i"ll! DAVIDSON TRANSFER & STORAGE £O _phLone Decatur 2500. is one of the largest CHAMBERS g ertasers ™ "he world. Complete funerals as low as $75 ap. 8ix chapels. twelve parlors, seventeen ears. hearses and ambulances. twenty-five undertakers and assistants Reduced Rates to Pacifiec Coast in our “pool carload” via water from Baltimore, for household goods, luggage, etc. Motor Van Moving, return load rates to and from ter- ritory East of Mississippi. Security Storage Company . 8 safe depository for 45 years at STRATOSPHERE. BALLOON OPENED YLIKE A PAPER. SACK. EXPLODING?, AND THE HELIUM RUSHED OQUT. The Army-National Geographic Society’s stratosphere balloon, which burst today, was similar to the one which collapsed last year after it had started to the stratosphere. In this picture, showing last year’s balloon, the artist has indicated the relative spot where this year’s mishap occurred. At left: At right: Capt. Orvil A. Anderson, copilot. Capt. Albert W. Stevens, commander. This Changing World Ethiopians Object of Cruel Discriminations in Attitude of Larger Powers on Arms. BY CONSTANTINE BROWN. way the big powers are behav- ing in regard to the pending I tragedy of Ethiopia. Japan, which was the first impor- tant nation since the end of the war to tear treaties and agreements to pieces, is denouncing Italy as an in- solent aggressor, and is shedding croc- odile tears over the Kellogg pact. Great Britain, the open champion of Abyssinia’s independence, is refus- ing to issue licenses for the export of arms to that country. The other na- tions, like Denmark, Belgium and| Czechoslovakia, who are greatly in- terested in discouraging wars of ag- gression, have done the same. No such measure has been taken gainst Italy. Thus. while the aggressor nation can buy all she wants and wherever she wants, the country which is threatened is handicapped in the purchase of even small quantities of war material. ¥ ok Finally, the reports from Berne that Italy is trying to purchase the sup- port of some of the races of Abyssinia by paying them cash in silver for their loyalty to Italy are confirmed. But, the reports say, so far Mussolini has met with but little success. What hap- pened is this: Mussolini has commandeered all the available silver coins in his country and bought some more abroad. But silver is high these days and the Italian treasury is not blessed with too a; | much gold. The payments to the races has to be made in the Abys- sinian currency, the Maria Theresa thaler. Mussolini had these minted in Vienna, but it appears that upon care- ful investigation by the races these coins had more alloy than silver. They were shiny all right, but contained much too much lead and nickel. Although Mussolini has been de- cided for almost a year to conquer Abyssinia and the plans of campaign settled since last March, there is at present the usual fencing preliminary to the military operations. The Abyssinians- are accused of wantonly creating incidents and of insulting the Italian flag. These as- sertions cannot be proved or dis- proved. The next thing which we may expect within the next few weeks is an attack without a declaration of war; the provocation will come nec- essarily from the Ethiopian side. If you don’t believe it, go and prove that the Italian staff in Eritrea has not told the truth. * % % % Whatever efforts some of the na- tions like Great Britain and the United States may make for the maintenance of peace in the world, it appears every day more clear that their efforts are bound to be doomed. ‘The reason for -this is that seven great powers control the world. These are the United States, Great Britain, France, Russia, Germany, Japan and Italy. * % % % Of these seven powers the first four may be placed in the “saturated” class. The other three belong to the “hungry” or the “have-not” class. The first four have practically all the territory they want and have suf- ficlent room for their overpopulation, either in the home land, as is the case of the United State and Russia, HERE is cruel humor in the is the case with France and Great Britain. * % k% The Japanese begin to have suf- ficient territory by their conquest of the Asiatic mainland, but they are insatiable and believe that the cli- matic conditions of the newly con- quered lands do not suit their over- population. Hence their desire for territorial conquests in regions more adaptable to the Japanese climate. * x % x Italy and Germany are outright “have-nots.” Italy has a population larger than the French and con- | tinually increasing because of Mus- solini’s “bonus baby” system. Her former outlets for immigration are restricted. Her present overseas pos- | session are mainly sand. Hence her | claim “expansion or explosion.” | the two Mussolini prefers expansion, | at the expense of the oldest inde- pendent country in the world. A war in Ethiopia, says Il Duce, is preferable to an explosion in Europe. EIE I O Germany, with a population of 66,- 000,000 inhabitants—and Hitler is en- couraging bonus babies, too—raises the most formidable problem which the harassed peacemakers at Geneva and in London don’t know how to handle. Hitler has made it clear to all those who have talked with him, and espe- cially to the British, that Germany does not propose to be content with its present boundaries. To create & mightier Reich in the old spirit of anti-Slav expansion has been an es- sential part of the Fuehrer’s dream and creed. His aspirations are none the less real because they cannot be defined yet. The Third Reich is rising to a preponderance in the combined arms over any single neighbor and may easily become as strong as any two neighbors. That force is not being created “for nothing.” The German nation is being drained of its last cent for the sake of building up an army, a navy and an air force, which experts consider even better than the Kaiser's pre-war machinery. * % * & Hitler has never withdrawn any of his threats against Russia. Much as the German peoples dislike the Jap- anese, there is no doubt that there is an understanding between these two “have-nots” to take away from Russia large tracts of land. The trial days of Europe are just beginning. If we were to listen to the realists who have Just returned on luxurious liners from the other side of the Atlantic, the 1914 war was just a child's play to ‘what is being prepared over there now. p————— APPROVE WAGE PLAN NEW YORK, July 12 (#).—The Rubber Manufacturers’ Association announced today that the rubber flooring manufacturers’ division has formally approved in principle a con- tinuation of wage and hour policies with respect to thé basic 40-hour week, ln.l::lmum wages and abolition of child o “While operations were conducted under the N. R. A. code,” said the announcement, “wage and hour pro- visions were carefully observed. Em- ployers now believe that the advantages enjoyed by both themselves and their employes should be continued on a $140 15th St. ~(District 40-40.) or in their colonies and dominions, as | voluntary basis” EY ’ of | —A. P. Photos, Stratosphere (Col feverish activity in the bowl, 11 miles from here | After nearly six weeks of delay, prin- | cipally because of unsuitable weather, the start was decided on yesterday ncon. A crew of 300 soldiers was summoned to inflate the bag. At midnight, while a crowd of thousands of persons watched from the cliffs 500 feet above, the stratosphere force completed inflation. Even after midnight a continuous | stream of cars jammed the 11-mile stretch between Rapid City and the “strato-camp.” It was unofficially estimated automcbiles rolled into the fiight grounds at the rate of about 3,000 an hour. Night was turned into day in the bowl as a battery of 36 floodlights of : 1,500 to 2,000 candlepower each fllu- | minated the rocked-walled natural | valley where the big bag was slowly rising. Gondola Lashed to Bag. At 2:25 am. the balloon was in proper position and a2 crew ctarted | rolling the gondola teneath the bag. | The next step was lashing the metal | ball to the balloon hv a network of | ropes and webbing. It was while this task was being pertormed that tne top of the helium-filled fabric gave way. There was a rush of spectators to the rails guarding the rim ot the bowl. All sought a vantage point to see what had nappened. The catastrophe stur.ned the crowd for a few minutes. As the situation slowly dawned urucn them—there would be no flight tcday—they com- menced their 1l-mile trip into the city. All roads on the rim were made one-way lanes—going out. For nearly three hours automobiles loaded with peopls left the rim and hundreds of cars rmained. Military police who directed traffic estimated 20,000 automobilss were crowded around the bowl. Meteorologists at the flight base had completdd one wind direction test, and were preparing to make another when the collapse halted everytning. Near the base a crew of newspaper men stood by, some o1 them waiting to follow the hag thiough the air by plane. The short-wave radio nook- up by which the bailoun crew was to keep in contact with their ground aides was tested and ready. Watching over all were the men who planned to climb into the gon- dola and soar at least a dozen miles above the earth. Foremost among their aims was the collection of data on the little-known cosmic rays, which continuously bombard the earth from a mysterious source. Al- though “cosmic radiation” has been known for more than 30 years, scient- ists are eager to learn more. Had Many Other Aims. Other purposes of the flight that did not materialize were measure- ments of temperature and barometric pressure changes, collection of sam- ples of stratosphere air, spectrographic studies of sunlight and skylight, sky brightness, sun brightness and earth brightness, wind direction and ve- locity, electrical conductivity of the upper air, spore studies, radio re- search, photographic studies and others. Precautions had been taken so there would be no recurrence of last year’s near disaster, when the bal- leon ripped and the crew of Explorer I were forced to take to parachutes. In addition to the individual parachutes there was an 80-foot parachute at- tached to the gondola of this year's balloon, which in case of accident was expected to slow the fall suffi- ciently to permit the fiyers to jump and then bring the lightened gondola nued From First Page.) rock bound Then suddenly, while the crew was preparing to say good-bys and receiv- ing wishes of good luck, the adventure was, at least temporarily, ended. A puff of blue haze, a sag of the huge fabric, a confusion as roll was called to determine possible casualties, and everything was changed. A AMBASSADORS SEE Ford Sees Share-Wealth Taxes Rosso Touches Briefly on Situation—British, French Views Are Heard. BY CONSTANTINE BROWN. Conversations which Secretary of State Hull had this week with the Italian, British and French Ambassa- dors were described in official quarters today as purely informative, the Sec- retary having given no indication as to whether this Government intends to take an active part in the Italo- Ethiopian controversy. Augusto Rosso, the Italian Ambas- sador, who called on Hull Wednesday to discuss principally the question of Italo-American trade agreement be- fore the Secretary’s departure for the Summer holidays, talked over casually the question of the Ethiopian con- flict. Secretary Hull informed Rosso cautiously that the fundamental prin- ciple of this country’s foreign policy is the maintenance of peace through- out the world and consequently this administration hoped the Italo- Abyssinian conflict could be settled without & war. The ambassador, after expounding the needs for territorial expansion of Italy and the steps Premier Mussolini has taken to obtain a foothold in Abyssinia without fighting, expressed the hope a war might still be avoided if the Emperor of Abyssinia could see the situation in its true light. No Message Required. Secretary Hull is reported not to have asked the ambassador to convey any special message to Mussolini and treated the visit as an ordinary rou- tine courtesy call. The British and French ambas- sadors were summoned to the State Department yesterday after Hull talked with Ambassador Rosso. Sir Ronald Lindsay and M. Andre de Laboulaye informed the Secretary of State about the steps their respective countries intend taking in order to avold a war in Africa. They are reported to have men- tioned the 1906 treaty signed by Great Britain, Italy and France, whereby the three powers concerned undertake not to make any move in Abyssinia without first consulting each other. As in the nine-power pact, there is nothing provided in the 1906 agree- ment to prevent Italy from intervening in Abyssinia if it considers such an intervention necessary. According to the provisions of that treaty, Italy will be obliged to take into considera- tion the particular interests of the other signatories, but cannot be pre- vented from occupying or establishing & protectorate over that country. No Specific Peace Plan. Hull is reported to have made no specific suggestion as to how the con- flict might be avoided, outside the fact that he re-emphasized the strong de- sire of the United States that a war should be avoided. He obtained from these two Ambassadors inside infor- | mation they had received from their governments regarding the efforts which are being made at the present moment to prevent the outbreak of hostilities. Secretary Hull is leaving today for his Summer vacation, and it is con- sidered unlikely any special step will be taken during his absence. He wanted, however, to be in full posses- sion of all the facts connected with As“New Form But He Does Not Fear It Because He Feels It Cannot Work. Believes U. S. Will Enter New Era After Con- fusion Dies. The following copyright article is oprinted in The Star today through the courtesy of the Chi- cago Tribune and the Washington Post. BY PHILIP KINSLEY, DETROIT, Mich, July 11.—Henry Ford looks upon the American scene of today as one of momentary con- fusion and darkness, with the sun of & new era of brilliant technical and sound social advance visible on the horizon. Nothing will obscure this light permanently, he thinks, least of all the politicians in Washington. Mr. Ford expressed his opinions on industrial and social affairs to- day to this correspondent. He has kept silence during the slow waning of the N. R. A. and the effort to “crack down” on him and bring him into line in a policy which he felt was wrong. Now that that has failed and & new effort begun, that of the “share- the-wealth” taxation plans of the New Dealers, he feels that the psychologi- cal time has come to talk to the American people. They will not long be deceived as to their true welfare, he thinks. “The proposed share-the-wealth taxes will not share the wealth and there are no rich to soak,” he said. “They are a figment of political imagination on the one hand and a new form of destruction on the other.” “Form of Destruction.” Sitting in the office of his public relations counselor, W. J. Cameron, in the engineering laboratory where he does most of his work, the master of the greatest industrial empire ever built by one man sald of this “new form of destruction,” which he con- siders as aimed chiefly at his organ- ization: “We do not intend to be destroyed.” He appeared unworried, as though he had stepped aside for a moment from more important problems to con- sider some lesser thing. “I have never objected to paying | taxes,” he continued, “but I do object to Government eating up the real wealth of this country on the pretext of giving it back to the people. It never gets back to the people.” “Can industry stand it?” he was asked. “Industry can stand it—yes—but it would be like using the doors and | woodwork of your house for fuel— pretty soon you would have neither house nor fire.” “Part of the scheme,” he sald, re- ferring to the tax problem pat be- fore Congress, “is to get independ- ent Institutions Lie ours into the hands of the money lenders. Well, | 80 far as we are conccrned, we don't | intend it shall woik out that way. There is no independence or prog- ress in business onee a grouo of money lenders can tell you what to do. “Money | under of Destruction” HENRY FORD. hands of that crowd. Money lending is the only business that has pros- pered during the depression.” “Personally,” he declared, “1 am not paying any aitention to this new tax scheme. I just know that there | is a principle of right and wrong, and that the wrong thing will not work. I feel perfectly able tc handle any situation they may create. We have been doing that all our life. “Spending money is a greater science than gett'ng it. Those )eople in Washington don't know how to spend, because they don't know how to earn money. That is why they| take a course which will not only dry | up the sources of wealth, but render | useless such wealth us they are able | to collect. “Our institution,” he said, “has al- | ways been a great conundrum to those who want to live by lending. They have sought countrol in many ways. But finance id not build this business and when we were born Gov- ernment was content siruply to overn. Now finance and Government propose to step in and Luke centrol. “They tried it under N. R. A. and that tailed. They have tried it by financial methods and failed. Now comes the new thing (taxatton). Well, we shall see how that goes. Of course, they know I am 72 years old and they probably think that some- | thing is likely to happen, but I expect | to be around here a long time yet.” “Every business with a surplus has become a source of envy,” he con- | tinued. Says His Surplus Sought. “Our surplus keeps men working when business is bad. Now, the Gov- ernment never has a surplus, and it wants ours. The financiers get in, ! too—tell us what to do. There are a lot of other concerns in the same position that we are in. It's a fine piece of confusion.” | He was asked about the Ford for- tune and the inheritance tax. It has been estimated in some quarters that one schedule advanced in Washington the Government would take about $900,000,000 upon the death of Henry Ford. “The inheritance tax?” he said “Well, what is that? Take ourselves. “There is no Ford fortune to divide up. If they divide up the plant and | the organization what will they do with it? Can they use it? “America is not a land of money. but of wealth; not a land of rich the present conflict in order to be ment which might occur within the next few weeks. Inquiry (Continued From First Page.) have had very serious results, it was pointed out. The bag had received its entire charge of helium and preparations were being made to attach the gon- dola when the top of the bag burst and the acres of rubberized fabric began to fall, local headquart:rs was informed. Officers May Come Here. ‘The photographs which are on the way here today will be followed by detailed reports from Capt. Stevens, Capt. Orvil Anderson, pilot of the bal- loon, and members of the ground crew, and it is possible Capt. Stevens and Capt. Anderson may come here personally to testify before the com- mittee of scientists, headed by Dr. Briggs. At Geographic Society headquarters 1t was said the gondola and its precious cargo of scientific instruments prob- ably will be left in the stratosphere camp until a decision is reached as to whether the bag is to be repaired or replaced. This work will have to be done at Akron, Ohio, where the bag was constructed, it was pointed out. The committee probably will be called together by Dr. Briggs as soon as the reports and data are on hand here. Members of the committee, in addition to the chairman, are Brig. Gen. Oscar Westover, assistant chief of the Army Air Corps; Dr. Frederick V. Coville, chairman of the Research Committee, National Geographic So- ciety; Dr. W. F. G. Swann, director of the Bartol Research Foundation, Franklin Institute; Capt. R. S. Pat- ton, director of the Coast and Geo- detic Survey; Willis R. Gregg, chief of the Weather Bureau; Dr. Floyd K. Richtmyer, Cornell University, and member of the Research Council of the National Academy of Sciences; Dr. L. B. Tuckerman, Bureau of Standards; Dr. Charles E. K. Mees, Eastman Kodak Co.; Dr. John Oliver La Gorce, vice president of the Geo- graphic Society, and Thomas W. Mc- Knew, Geographic Society, secretary to the committee. Plague Deaths Climb. Many deaths from plague are being reported in South Africa. CLOSED SATURDAY-During JULY and Lending “The politiclans msy not know it, Taxes (Continued Prom Pirst Page.) sion from payment of the graduated | tax. Some Democratic leaders, mean- | while, expressed fear that telegrams| attacking the proposed tax levies| would pour in on Congress as a result | of the campaign opened by the Chnm-! ber of Commerce of the United States. The National Association of Manu- facturers also is opposing the program, and James A. Emery, its counsel. was scheduled to testify at today's Ways | and Means Committee hearing. Numerous members of both House and Senate previously have urged that the bill be delayed. Those arguing against passage now stress the fact Congress already has been at work 6% months and the members are tired. They say, too, more detailed study should be given to the bill. But Democratic chiefs vigorously deny the bill will be delayed. Post- ponement would give Democratic ap- proval to an attitude taken by Repub- licans from the start, they argue, and also would give opponents time to or- ganize as they did against the com- pulsory abolition of certain utility holding companies. Further, the leaders point out that Senator La Follette, Progressive, of Wisconsin, and other Senate liberals have given no indication of willing- ness to forget Democratic pledges of prompt action. But in one Capital quarter it was said postponement had been agreed on at a secret White House meeting Wednesday night. Democrats re- sponsible for the legislative program insist they have not discussed the bill with the President since Tuesday night, however. “The urgent need at the present time,” said the statement the chamber sent to its 1,500 member organizations, “is not more taxes on income but more income to tax. “More income means more purchas- SHOP FRIDAYS AT THE RALEIGH HABERDASHER 1310 F STREET ing power for consumers, and more revenues for the Government. Efforts to obtain restoration of the income that our people have enjoyed in past years are directly affected by the tax policies of Government, “In view of the shrunken income, the losses yet to be recouped, and the present methods of imposing taxes, the rates and effects of general tax policies now in force already bear too ALL DAY AUGUST people, but successful workers.” able to cope with any new develop- | but they are workirg right Into the (copyright, 1935, by the Chicago Tribune) heavily upon the types of personal and corporate enterprise that must be de- pended upon to produce recovery.” The statement, drafted by the chamber’s Committee on Federal Finance, contended the President's proposals are destructive because based solely on the idea that large enterprises, estates and incomes should be taxed heavily merely because of size. Such an idea, it said. does not pay sufficient attention to the utility or economic value of aggregations of capital. “There are many instances through- ' out the country,” it said, “of the em- | ployment of fortunes in such a man- ner as assures employment, stimu- lates development of whole sections and increases efficiency in production and distribution with benefits to con- sumers.” “Prudent use of the taxing power,” it said, “would limit it to the produc- | tion of revenues sufficient to enable the Government to carry on its nec- | % essary functions. To sttempt wide- reaching social effects through taxa- | tion involves the danger of and per- version of the taxing power.” For the first time this season See our “ad” NOW 1 EAT CUCUMBERS Upset Stomach Goes \n Jiffy with Bell-ans. BELLANSNEEE LAWYERS’ BRIEFS RUSH PRINTING BYRON S. ADAMS Turn your old trinkets, jewelry and watches into MONEY at— A.KXahn Jne. Arthur J. Sundlun, Pres. 43 YEARS at 935 F STREET GO TO G C. ELLIS CO. 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