Evening Star Newspaper, August 27, 1935, Page 24

r SOOI LT INPEGEING PRES Experience of Hoover Farm Board Feld as Warning in Congress Debate. | By the Associated Press. A report showing the old Federal | Farm Board lost $344,900,000 trying to peg the prices of cotton and wheat echoed a warning yesterday in the congressional controversy over 12-cent eotton loans and 90-cent wheat loans. The report was submitted by Sen- stor McNary, Republican, of Oregon, trom an agriculture subcommittee set up to investigate operations of the farm board under the Iioover admin- istration. The committee found that $344,900,- 000 had been lost out of the $500,. 000,000 appropriated for the board, rhiefly in operations designed to peg the prices of the two staples. Losses Declared Costly. “The losses were costly,” the com- mittee reported. “The committee has sought to summarize the board's ex- periences in a manner most useful as » guide to future policy in financing farm marketing.” The committee found that of $1.- 150,000,000 in loans made by the Farm Board, $746,000,000 went to the grain and stabilization corporations in ef- forts to maintain price levels. Loans on grain amounted to $635,600,000 and on cotton $409,000,000, including loans to co-operatives as well as purely for price operations. “It can now be seen,” the com- mittee reported, “that the stabiliza- tion activities were foredoomed to| failure; but the Farm Board made | its loans for price pegging without | the benefit of the certainties which | experience since has taught. “The board set up its stabilization | program in response to urgent pub- | lic demand; and acted. when it did proceed, on assurance from respected advisers that there was no alterna- tive to price pegging and no strong likelihood of its failure. | “Inability to halt the cecline of | commodity prices led to severe losses. | * * * Failure to halt the decline of | commodity prices was responsible also | for losses incurred in settlement of | some of the loans made by the board to co-operatives. Inexperience, ex- travagance, avarice, and in a few cases dishonesty on the part of offi- | cials and employes of some of the co- | operatives increased these losses.” i WIGGLING AND HOPPING | PASSE ON DANCE FLOOR| AR ] Dancing Master Says Twist of | Foot in Smooth Charleston Is Coming Back in Vogue. By the Associated Press. | PASADENA, Calif, August 27— Ernest E. Ryan was here today to| reiterate that there’ll be no more of | this wiggling and hopping about on the dance floors this year. Said Mr. Ryan, president of the Bouthern California chapter of the Dancing Masters of America: “Stamping, jumping and body , twists borrowed from the war dances of aborigines are passe. But a smooth | Charleston, with a twist of the foot instead of hops, is coming back.” Make Washing Easy With an &/ This Model With Electric Pump That Empties the Water, is only $69.50 ~Clothes are cleaner and “EASY” washer! This model is equipped with balloon-type wringer rolls, large tub, agi- tator, Gereral Electric life- time motor (which requires no oiling) and other features. $2.50 down—$4.06 a month for 18 months ~—which includes a small carrying charge. Other EASY Models up to $159.50 Phone Dist. 7200—Br. 305 THE EVENING STAR, WASHINGTON, D. O, TUESDAY, AUGUST 27, 1935. A High SpotinClamp AUGUST SALE! DELIGHTFULLY AIR-COOLED I FI'HIS STORE1S e e————————————————————————— Here Are Two of the New IIDREWH 56.50m —Drew Arch Shoes are comfortable, they do not cramp Or squeeze your toes or feel loose at the heels, because they are made on a free-fitting last. ARCH REST SHOES to Get Your Feet in shape after a Summer of Toe-less, Heel-less Sandals. We consider these high style “Arch Rest” Shoes an achieve- ment at $6.50. 30 styles in kid, calf, and the suede that will actually feel good on your feet. Sizes 4 t09, AAAtoD. Some styles to size 10. Kann's—Fourth Floor. NE FALL SHADES IN "Selma79's" Sheer Chiffons —With jacquard lace tops, ringless and shadowless. Med. Service Weight —With lisle tops and feet. 79cw 2 Prs. $1.50 3 Prs. $2.22 —Selma 70’s are wear tested by thousands of women ev. day. Choice of two weights. Another Special Lot! BRYN MAWR SLIPS Regularly $2.95 at 219D ~In every one of these slips you will find the Bryn-Mawr label, which desig- nates them as about the best known slips made. Cut on a patented, alter- nating bias pattern, which prevents , sagging or stretching, and fits like a glove. Made of a beautiful, sup- ple crepe Gartiere. @ Trimmed with imported laces. @ Seams double lock-stitched— can’t rip. @ Lace bottoms attached—ean't ull off. @ Blush or white, medium or long lengths. Kann's Air-Cooled Second Floor. Need Night Gowns? 600 Rayon GOWNS Unusual Values at 9c . —52-in. lengths, full and well cut for comfort. There are several different styles trom which to select. In soft subtle Tea-rose shade. Sizes 16 and 17. Kann's Alr-Cooled Strest Floor, Avenue"=Tth, Sth and O Sta Sample-Room COATS '68. —While these coats are samples of coats that are manufactured to sell from $79.50 to $125.00, their intrinsic value is far greater because a sample coat is made almost like a coat made expressly for you, by the finest tailor, to your own exacting requirements. The furs used on these coats are seldom duplicated in regular stock coats. Every coat is an individual model, no two alike. The values are so unusual. the coats so exquisite we feel sure they will be gone soon after opening time tomorrow. Choice of the Following Fine Furs: Silver Fox Mink Kolinsky Black Persian Lamb Gray Persian Lamb Russian Caracul Blue-Dyed White Fox Polar Wolf ~ Natural Lynx Natural Fox Misses’ sizes 14, 16 and 18 Wemen’s sizes 36, 354 and 37'5 Kann's—Air Cooled—Second Floor. The Shorter Woman's First Autumn Choice Satin-Backed ALPACA $13.95 ~Distinctly new in feeling, is this graceful dress in rich Renaissance colors, with its softly draped double jabot, edged in cire braid and caught with & dull gold clip. An ideal dress for Fall; in Bordeaux wine, Cellini green, brown and bilack. - Sizes 16%; to 24Y; Kann's—Second Floor. Samples of coats that would ordinarily sell for $79.50 to $125.00 A reasonable deposit will hold your selection for later delivery if you wish. No Mail or ‘Phone Ordes, Piease Kann's Alr-Cooled Third Floor. @ New Neckwearz« ¢ 7 Lots of It, at *1.95 —Lace, lace fagotting, rough crepe, satin—in many lovely new styles make up this attractive assortment. And vou'll ind much of it in cream and “7hite—are so fashionable for Fall. Kann's—Air Cocled—Street Floor. = [ If You Knit or Crochet Reg. 59¢ Cone Colonial Reg. 23c Balls 3-Ply Cotton Shetland Floss 49c - 16¢ —1-ounce balls in a large assort~ 5 Bt Kubiing st et g P ment of light and dark colors for spreads and other household ar- knitting and crocheting dresses, ticles. 1,800 yards in a cone. suits, sweaters, scarfs, etc. Kann's—Fourth Floor. In the Summer Sale Seal-Dyed-Coney Fur COATS 548 —Ism't it a happy surprise to think you may buy a real fur coat for $48? The improved processes used in curing, and the dyeing of fur skins has made it possible to buy excel- lent fur coats at this low price. New-shaped collars, interesting sleeves, slightly flared skirts. $4.80 will deliver the coat to you. Balance ip small monthly payments, plus carrying charge. Kann's Air-Cooled Street Floor. "Wake Up!"-Say These Smart New ALARMS —And they say it so attractively you'll wake uj d like it! new assortment of styles, shaj price. Its a g al % of sty and C colors—all with easily readable dials. * Many of them are ordinarily higher Whites, Blues each ‘ priced, but here they are at one low —We’ve sold thousands of these - &JPular shirts at higher prices! th lots of hot weather still to come you can probably use sev- eral more of them, especially at this low price. Small, medium and large sizes. Kann's—Air Cooled—Street Floor— Button Neck Zipper Neck ® Mesh Rayon and fle Weaves Maize and Other Popular Colors . Kann’s—Ain Cooled—Street and Third Floors. ]