Evening Star Newspaper, August 31, 1935, Page 1

WEATHER. (U. 8 Weather Bureau Forecast.) Fair, continued cool tonight; tomorrow fair, not quite so cool; gentle north winds, becoming variable. Temperatures—High- est, 75, at 3:45 p.m. yesterday; lowest, 57, at 5:30 a.m. today. Full report on page A-2. " Closing N. Y. Markets, No. 33,339. Pages 12 & 13 Entered as second class matter post office, Washington, D. C. @h WITH SUNDAY MORNING EDITION ¢ Foening Star WASHINGTON, D. C, SATURDAY, AUGUST 31, 1935—TWENTY-SIX PAGES. U. S. NEUTRALITY STAND REAFFIRMED AS ETHIOPIA CEDES AREA TO OIL FIRMS| 1, Senators Hold Position Is Unaltered. BORAH ASSAILS ‘WAR INTEREST’ - | | Commercial Move| Raises Problem, Diplomats Say The Ethiopian Situation. An announcement by the Ethiopian government that a concession had been granted to African Develop- ment Exploration Co., Inc., in Dela- ware, to develop oil resources of half of Ethiopia startled world states- men. Francis M. Rickett, British promoter who negotiated the concession with Emperor Haile Selassie, said the corporation was controlled by the Standard Oil Co. but did not specify which Standard Oil Co. The con- session was for 75 years. The news was received gravely by world foreign offices, where officials searched for possibilities of far- reaching implicatiors. French officials said they were uncer- | tain of ihe effect of the disclosure; | but the opinion was expressed un- officially that the Italians might say the British stand on principles had merely masked business @spirations. | British officials said the last thing the government would want to do under present circumstances would be to support an enterprise of the charac- ter reported. Meanwhile, a spokesman for the Italian government said the con- | cession could in no way deter | Premier Mussolini's plans regarding | Ethiopia. While the report was spreading, Mussolini himself was telling his army that 200,000 more men would be called to the colors next month. By the Associated Press. Swift and emphatic comment that the American people are determined to steer clear of foreign wars was heard among Senators today as they read of Emperor Haile Selassie’s deeding of half his kingdom for exploitation by Anglo-American interests. Senator Borah of Idaho, widely known for his stand against “foreign entanglements,” heard the news with displeasure. He characterized such transactions as buying an “interest in ‘war’.” Borah, who is ranking Republican on the Senate Foreign Relations Commit- tee, declared: “The fact that American citizens have purchased an interest in ‘war’ ‘would not change, I believe, this coun- try’s neutrality policy. ‘ “The people of this country are de- termined to stay out of European wars and no amount of maneuvering upon the part of political or industrial lead- ers will, in my opinion, change the purpose of the people.” “Partnership” Hit. From Senator Jobnson, Republican, of California, came the remark that it ‘would be “perfectly silly for the United States to enter into any partnership with England which will put us in the position of pulling chestnuts out of the fire for the British.” Senator Bulkley, Democrat, of Ohio declared he saw no reason “why the acquisition of property in Ethiopia by the Standard Oil Co. should involve the United States in any prospective ‘hostilities.” The only comment at the White House was that other American in- terests already were in business in Ethiopia. Official notification of the concession to the African Development Explora- tion Co. was received by the State Department during the day. State Department officials declined any comment on the concession grant other than to express the opinion that participation of an American-con- trolled corporation in Ethiopian af- fairs at this time presented no im- mediate problems for the United States Government. The African Development Explora- tion Corp., according to information here, is registered in Delaware and its (See SENATORS, page 3.) NUDE SWIMMING PARTY CHARGES ARE DROPPED New York Doctor Not to Face ‘Warrant—Guests Included ‘Washington Man. By the Associated Press. NORWALK, Conn. August 31.—A charge of indecent exposure against Dr. Harold Otto, New York physician, resulting from an alleged nude swim- ming party, was dismissed today by Prosecutor John Cuneo. Cuneo said Mrs. M. Preston Good-' fellow, wife of a Brooklyn, N. Y., against Otto and his four week-end guests, including Dr. Herbert Feis of ‘Washington, D. C. Warrants had not been served on Otto’s guests. ’ TOWN FOOLS CRICKETS Lights Turned Out to Keep In- sects on the Move. INDIO, Calif., August 31 (#)—In- °> Italy Sees Detil Leaving Outlook For War Same Surprise Expressed at “Temerity” of Business Interests. ROME, August 31 (#).—Ethiopia’s conces;” 1 of a vast portion of her territory for development by Ameri- can and British interests can in no way deter Premier Mussolini’s plans regardirg that kingdom, a govern- ment spokesman said today. “eports of Emperor Haile Selassie’s transactions reached here today and were given a prominent display in the press. Officials said, however, that they had received no official reports from the Italian Legation at Addis Ababa and minimized the importance of the concessions as war deterrents. ‘The spokesmal xpressing surprise at the “temerity” of American and British business concerns in planning large-scale developments in Ethiopia at the present time, said Italy had (See ITALY, page 3.) HULL DECLINES COMMENT ON DEAL State Department Awaits | More Details on Ethio- pia’s Move. BY CONTANTINE BROWN. The State Department has adopted a non-committal attitude regarding the important concessions granted to commercial interests, including Stand- ard Oil, by Emperor Haile Selassie of | Ethiopia. Secretary Hull was reluctant to dis- cuss the matter and its possible inter- national implications pending arrival | in the department of more ample in- | formation. So far only a short dispatch from the charge d’affaires at Addis Ababa, | Cornelius H. Van Engert, has been re- { ceived, saying merely that such a | transaction has been consummated. In diplomatic and political quarters | this development overshadows com- | pletely any other international politi- | cal situation, even the reply of the | State Department to the last Soviet | note. ! U. S. Government Surprised. ‘The Secretary of State declared that the Government has been taken com- | pletely by surprise and had no ad- | vance information that the deal was under consideration. The surprise is explained by the fact that, during 4 the present administration the State Department has been most careful to avoid any consultation with conces- sion hunters, and has refrained from giving them advice. ‘The guarded manner of expression adopted by officials—more guarded | than “usual—indicates the adminis- tration is fully aware of the possible political complications. | It is known that for the last eight | months the representatives of the Ethiopian government in Great Brit- ain and its agents in this country have been endeavoring to induce American and British concerns to be- come interested in concessions, rang- ing from the pledging of the customs —in case of a small advance of money —to the turning over of all Ethiopia’s raw materials for an important sum. Heretofore Risk Held Too Great. ‘These efforts have been in vain be- cause British and American financiers considered the risk too great. They knew that whatever diplomats and the League of Nations may think, Mussolini will fight the Ethiopians and did not want to get entangled in a country which was by way of being conquered by another power. In the light of this situation, it is believed among observers of interna- tional politics that the change of at- titude of the British oil company— presumably that headed by Sir Henry Deterding—is ¢ e to influence of the British government, which owns a large share of the stock of that com- pany. 1t is evident in the eyes of those ob- servers that these concessions have a more political than economic char- acter. Swimming Race Postponed. TORONTO, August 31 (#).—Find- ing Lake Ontario still too cold at 51 degrees, Canadian national exhibi- tion officials today again called off the five-mile swim for women. They said shat if conditions improve the race will be held Monday. 20,000 Priests ADDIS ABABA, August 31.—Twen- ty thousand Ethiopian . priests fied Emperor Haille Selassie today of their willingness to battle beside regu- ‘Move to Halt Il Duce Laid to Selassie. STANDARD OIL \ UNIT INVOLVED | | | Join in Deal for Exploitation. BY JAMES A. MILLS. (World Copyright. 1935. by the Assoclated Press.) ADDIS ABABA, August 31.—An | Ethiopian government officlal com- munique today announced that a con- cession had been granted to the Afri- | can Development Exploration Corp., in corporated in Delaware, for develop- { ment of oil resources over virtually | half of Ethiopia. Prancis M. Rickett, British pro- moter, who negotiated the concession with Emperor Haile Selassie, said the African Development Exploration Corp. was controlled by the S(lndlrd} Oil Co. Which of the numerous | Standard Oil companies was involved was not designated. (The African Development Explora- tion Corp. was chartered at Dover, Del. July 11, 1935, with a capital stock of 5,000 shares of a par value of $100 a share. The incorporators were Alfred W. Britten, Edward F. Willlams and Vincent W. Weinturp. ‘The charter authorizes the corpo- ration to drill for oil, seek out precious stones, gold, silver and asphalt and to engage in the work of general de- | velopment. The headquarters are | given as New York, with a repre- | sentative in Dover.) British Negotiations. Rickett said, in addition, that the Emperor had entered negotiations to grant to a British-controlled cor- | poration known as the Lake Tana | Conservancy Syndicate, the right in| perpetuity to construct a dam and | pumping station at the famous Lake Tana, headwaters of the Blue Nile Emperor Haile Selassie’s action in granting vast €dncessions to Ameri- can and British interests was general- ly regarded here as closing the door | to Italian economic penetration of Ethiopia. It created a sensation in diplo- | | matic circles, especially at the Italian | Legation, Most of the diplomats ap- | | peared too stunned to make consid- | | ered comment but the general im- | | pressicn among non-Italian sources was that the “conquering Lion of Judah” had made a bold, shrewd stroke which would have not only profound political and economic sig- nificance but would greatly affect the course of the Italian-Ethiopian con- | troversy. Rickett s2id an initial investment of $60,000,000 would be made in the oil and mineral exploitation enterprise. The affairs of the corporation, the promoter said, would be directed by an | American board under an American president. $50,000,000 Project. ‘The “.ake Tana project involved an |investment of $50,000,000, Rickett said, and would be controlled by in- | terests representing Ethiopia, the Su- |dan and Egypt, with capital appor- | tioned among them which would be forthcoming from London and Cairo. mated by the promoter to be behind both enterprises. A 75-year charter, authorizing its holders to exploit the oil and mineral resources and develop an area of 150,- 000 square miles was :igned just be- fore midnight Thursday, Rickett said. This correspondent saw the char- ter, bearing the Emperor’s official title, “Anointed King of Kings.” There were two versions, one in Eng- lish and the other in Amharic. They bore the great ‘mperial seal. Rickett, known as the “Lawrence of Finance of the Near East” and known for having acquired great Mesopotamian oil fiel¢;, said work ‘would begin in a few weeks. He -aid the Emperor would receive & substantial share of the profits, which would be devoted to road build- ing, education, hygiene and general i srovement of the empire. Involves Eastern Half. The concession area embraces the entire eastern half of th~ empire, running from Lak Rudolph in a northeasterly direction toward Eri- trea and including '~ ol fields of Aussa and Jigjigga. Obser~ers believed that the Em- peror’s aim, on the eve of an apparent war, was to prevent Italy from ob- taini=g control of Ethiopia, with its resources of petroleum and mineral, as well as Lake Tana, source of the Blue Nile waters of Egypt and the Sudan. Ethiopians assumed that even ff (See ETHIOPIA, page 3.) Offer Lives noti- | Red British Interests & Capital of $500,000,000 was esti- |. THE FEATHERS ALWAYS FLEW AROUND HIM! | A Voice From the New Deal Burying Ground! FEW INDUSTRIES ASK NEW GODES Possibility of Further N.R.A. Legislation Given as One Reason. By the Associated Press. Only 24 of the Nation’s hundreds of industries were found today to have ajolied formally for codes under the Federal Trade Commission, which succeeded N. R. A. as a code maker. Some 112 more have made inguiries, but pos “ility of new N. R. A. legis- | lation and the stringency of present laws were said in reliable business circles to have prompted most indus- | Estate Levies Are Only Ones tries to wait for developments. There were some 550 codes under N. R. A. and an additional 200 sup- plemental agreement.. Ne Campaign Planned. Ewin L. Davis of ‘he Trade Com- mission announced some time ago that the commission did nct intend to campaign for codes. While industry, | in some secti)ns, immediately indi- cated a strong desire for commission agreements, fuller understanding of the L aked the process. Commission agreements are limited to trade - actices, and commission policy has closely adhered to granting only those things which have strong legal sanction und-r present law. Abolition of N. R. A. immediately re- stored the curbs of the anti-trust laws, Aside from the uncertainty over new legislation, two other factors have made the new codes less attractive. First, some have noted confusion over labor provisions, which may be at- tached, purely as a voluntary matter to the codes. Officials have not re- ceived specific orders from President Roosevelt as to who is to be responsible for approving such provisions, and or- ganized labor has appeared indifferent. Many Maintain Standards. In the second place, business men contend improving economic condi- tions have led many industries to maintain the hour, wage and price standards set under N. R. A. Further, some industries believe they now are capable of maintaining “fair competition” without codes, this being particularly true in the very large and closely-knit sections. Other industries are waiting for the first commission agreement to be an- nounced in order to see exactly what the policy will be, particularly as to price controls. Retail and service trades, and other industries of a large- ly intra-State character are virtually excluded from agreements since the commission’s authority is limited to interstate commerce. FOUR LOST GIRLS FOUND IN WOODS Missing Overnight at Resort. 300 Joined Search on Mountain. By the Associated Press. BRETTON WOODS, N. H, August ommission’s limited powers has | GIRL SHOOTS UP PARTY Man Wounded as She Fled Denies Acquaintance. LOS ANGELES, August 31 (#).—An unidentified young brunette, invading 2 late dinner party, early today shot and critically wounded Joseph Walsh, 39, a liquor salesman, and fled. 'his is a fine state of affairs,” other guests told police the woman said be- fore she fired. Walsh, who suffered a bullet wound in his chest, told police he had “never seen the woman before.” TAX BILL SIGNED: PAYMENTS IN 1937 Placed in Effect Immediately. BY the ASsvciated Press. Rushed through during the last weeks of Congress at the behest of President Roosevelt, a tax bill which will raise no substantial revenue until | 1937 was signed last night at the ‘White House. Calling for higher estate rates and | new and increased corporation levies, the new law places only cne provision in effect immediately, with virtually all of the new tolls becoming collect- able in June, 1937. Estimated rev- enue for the first full year of opera- tion is $250,000,000. The higher estate taxes apply im- mediately to all persons who die leaving an estate of more than $40,000. The estate tax rate is 2 per cent on that portion between $40,000 and $50,000 and rises to 70 per cent on that over $50,000,000. i The gift taxes become effective January 1, 1936. They amount to three-fourths of the estate levies. The increased individual income surtaxes will be applied to the 1936 income, payable in 1937. Under the new rates, the surtaxes start at 31 per cent on income between $50,000 and $56,000 and range up to 75 per cent on that portion over $5,000,000. ‘The new corporation levies also will be applied to 1936 income, payable in 1937. These fix a tax of 12}, per cent on the first $2,000; 13 per cent on in- come between $2,000- and $15,000; 14 per cent between $15,000 and $40,000 and 15 per cent on all over $40,000. The first full taxable year ending after June 30, 1936, is the effective date for the higher excess profits taxes. ‘These levies place a tax of 6 per cent on profits between 10 and 15 per cent and 12 per cent on that portion over 15 per cent. ‘The new law carrles a tax on inter- corporate dividends which requires corporations to include in their income for tax purposes 10 per cent of all divi- dends from another corporation. This tax is applicable in 1936 and must be paid in 1937. 3 The year ending June 30, 1936, is the effective date of the higher taxes on capital stock—$1.40 on each $1,000. Under the new law, personal hold- ing companies will be taxed 20 per cent on undistributed net income up to $2,000; 30 per cent on the portion between $2,000 and $100,000; 40 per cent between $100,000 and $500,000; 50 per cent between $500,000 and $1,- 000,000 and 6 per cent on all over $1,000,000. This tax also will be ap- plied to 1936 income and is payable in 1937. Readers’ Guide AR RACE AWARD Howard Only 23 Seconds | Ahead of Turner—Women Compete Today. By the Associated Press. CLEVELAND, August 31.—Benja- min O. Howard, 33-year-old mail pi- lot from Chicago, held top honors in the national air races today, but the | country’s woman pilots planned to | pluck some of the silver cups and | prize money from the sky before sun- | down. | Howard brought his cabin slane, “Mister Mulligan,” into Cleveland |from Los Angeles yesterday in eight hours, 33 minutes and 16.3 seconds | to win the Bendix Trophy race. It took Col. Roscoe Turner 23.5 seconds longer. The official scorers said the finishing times would be “subject to confirmation after receipt of official reports.” The finishing times will be checked | times which did not include frac- | tions of minutes. Russell Thaw of New York, son of | Evelyn Nesbit Thaw, finished third and Roy O. Hunt of Oklahoma City fourth. Amelia Earhart was fifth | Howard's average speed was 238.704 | miles an hour for the 2,042-mile | Journey. Rain halted all other events on yes- terday’s program. Eight woman pilots warmed up their planes today for the feature race of “women flyers' day.” The Amelia Earhart Trophy race is the major event. Among those entered are Edna Gard- ner and Mrs. Genevieve Moore Savage, | both of Washington. The race will be three laps of a 15-mile course. The Ruth Chatterton Sportsmen's Pilots'’ Derby from Los Angeles, stranded in Akron, Ohio, yesterday | by the rain, is scheduled to make the final leg to Cleveland today. Mrs. Grace E. Prescott of San Diego, Calif., held first place as the planes pre- pared for the final leg. —_— SOVIETS PAY TRIBUTE TO HENRI BARBUSSE | Body of French Pacifist Lies in State in Moscow—Funeral Is Planned. By the Associated Press. MOSCOW, August 31.—The body of Henri Barbusse, French pacifist- writer who died yesterday, lay in state today in the Moscow Conservatory ‘of Music. A committee was named to arrange nls funeral. Nicholai Bulganin, chair- man of the Moscow Soviet, headed it. Members included Alexai Tolstoi and one of the French delegates to the Comintern (Communist Internation- ale), named Maumuso. Barbusse had been in a Moscow hospital suffering with pneumonia for several weeks, He was held in high esteem by the Soviet government. He was famous for his war novel, “Le Feu. By the Associated Press. SHANGHAI, August 31.—The Japa- nese government turned to Shanghal today in its efforts to prevent news- paper discussion of the Emperor in the vein of Vanity Fair's recent caricature The only evening paper in Washington with the Associated Press News and Wirephoto Services. AVATS CHEEKUP more closely against the lunidzr *% FORMER WORKERS 10 BE PREFERRED UNDER LIST PLAN {President Orders Reduced Agencies to Submit Names for Future. DECISION CULMINATES JOB TRANSFER FIGHT ‘Compilation to Be Undertaken by W. P. A—N. R. A. Group to Top Eligibles. President Roosevelt today took offi- ployes of some of the curtailed Fed- eral emergency agencies and directed the compilation of lists of those per- sons who have been unable to find new positions. The action was taken, it was ex- plained, with the intention of making these lists available to all existing Federal agencies and thus giving these former servants of the administration new employment. ‘The President’s move climaxed a three-month fight on the part of the Interdepartmental Committee on Per- sonnel Transfer, made up of mem- | bers of the American Federation of Government Employes, for the estab- lishment of a job-transfer agency. Members of the committee two | days ago unsuccessfully sought an interview with Mr. Roosevelt, but left for his attention a memorandum on the plight of thousands of workers of such organizations as the N. R. A. W. P. A. te Supervise List. | Compilation of the lists is to be undertaken by the Works Progress Administration and will include first the former employes of the curtailed | National Recovery Administration. | On comparable curtailment by other | agencies, however, they will be re- quested to submit similar data for compilation. ‘The White House order then states specifiqally that such lists must be | consulted by Federal agencies plan- ning addition to non-civil service per- sonnel before appointments may be | made from any other source. | The statement from the White | House follows in full: | “The matter of placing in other | Federal employment emergency em- | ployes vho have been released or who | may nereafter be released from the | National Recovery Administration and from other emergency agencies, but who have failed to secure positions in other agencies has received the con- sideration of the President. To Include Salaries. “He has directed the administrator of the Works Progress Administration | to undertake an emergency employe | placement program and has requested the National Recovery Administration | to forward to the Works Progress Ad- ministrator lists of all employes of that administration to whom notices of termination of service have been sent, but who have not found other | employment. | in each case the name, title, last posi- tion held, last salary received and a | brief statement of the qualifications and experience of the employe. “Whenever other emergency agencies contemplate reductions, they will be requested to compile and forward similar lists. “The works progress administrator nd classified by oecupations and will ake them available to all Federal agencies having non-civil service em- ployes paid from emergency funds. Such agencies will be instructed to consult these lists, with recruiting per- sonnel or filling vacancies, before mak? ing any appointments from other sources.” | TALMADGE CHALLENGES BANKHEAD ACT IN SUIT Governor, as Farmer, Files Action in U. 8. Court—En Route to South Dakota. By the Associated Press. MACON, Ga. August 31.—Con- stitutionality of the Bankhead cotton control act was challenged today by Gov. Eugene Talmadge of Georgia in a suit presented in United States Dis- trict Court here. ‘The Governor, acting in his capacity as a Monroe County farmer, thus car- ried into court his attack on one of the chief features of the National Government’s agricultural recovery program. Talmadge was en route to Sioux Falls, S. Dak.,, to make a Labor day speech, when the petifion was pre- sented here at his direction. American Paper at Shanghai Rebuked by Japan for Comment B. Powell of Hannibal, Mo., a long- time resident of Shanghai and cor- respondent for the Chicago Tribune. Powell, commenting on the Japanese allegations, said: “I have no power to prevént Japanese military officials from making themselves ridiculous apanese diplomats, but that the army took it 'up at Tokio. () Means Associated Press. cial notice of the plight of former em- | a preferred status in the quest for' ‘These lists will include | will cause these lists to be maintained | Yesterday’s Circulation, 120,991 Some Returns Not Yet Keceived. TWO CENTS. ROOSEVELT REPLY T0 SOVIET DRAWN ON EVE OF TRIP |Statement Due Today as He Clears Desk to Visit Hyde Park. NEUTRALITY AND T. V. A. BILLS YET UNSIGNED President Hopes to Leave Tonight for Three Weeks, Then Go to San Diego. | By the Associated Press. | President Roosevelt strove today to | clean up the big chores left him by | Congress and head for his Hyde Park, N. Y., home and a vacation tonight. | Two important measures—the neu- trality resolution and the Tennessee Valley Authority amendments—re- mained to be signed into law. In ad- dition, there were many other minor bills to be acted upon, some of which faced vetoes. Also, before the President could close his office, last-minute domestic and foreign problems demanded his at- tention. He indicated yesterday a de- cision on the Soviet-American dispute over communistic activities in this country had been reached and that an announcement probably would be made today. p What its nature would be was a matter of speculation. However, ob- servers were inclined to believe it would review the circumstances of the Amer- ican protest against communistic agi- tation here and couple it with a warning that friendly relations might | be severed unless activities of the Third Internationale bearing on this country are curbed. Plans Long Visit. By nightfall Mr. Roosevelt hoped to have his desk cleared away, allowing him to take a train for his Hudson Valley estate, where he expects to stay until late in September. He probably will return here for a day or two and then leave for the San Diego, Calif., Exposition about Sep- tember 22. He already has expressed his ap- proval of the neutrality resolution im- Posing a mandatory embargo against the shipment of arms to warring na- tions, and the T. V. A. amendments, designed among other things to give the Tennessee Valley Authority express authority to sell surplus electric power. The President and Secretary of State Huli have been carefully reviewing So- | viet Russia’s rejection of the United States protest against alleged sub- versive activities by the Third Interna- tionale. Both refrained from giving any hint as to what the Government’s fu- | ture attitude would be, but intimated some word would be forthcoming dur- ing the day. Working far into the night, the President has. been slowly whittling down the stack of bills passed by Con- | gress just before adjournment. Late ‘yeswrdsy he signed the $250,000,000 tax measure. | The President’s action immediately put into effect new and higher levies on estates which are estimated to produce $80,000,000 a year in addi- tional revenue. They range from 2 per cent on the portion between $40,000 and $50.000 to 70 per cent on all over $50.000,000. | Under the law higher gift taxes, which are three-quarters of the estate | taxes, become effective January 1, | 1936. To newspaper men the President yesterday expressed gratification over | co-operation offered to the Govern- | ment by the International Brother- | hood of Locomotive Piremen and En- | gineers in setting up the new Railroad Retirement Board. The brotherhood, through D. B. Robertson, its president, offered to lend the Government $1,000,000 for any period up to a year in order that | machinery for administration of the pension law might be established. 11Initial funds were in the now-dead | deficiency bill. Law Forbids Acceptance. The President replied to Robertson, expressing “deep appreciation,” but explained that Federal laws governing disbursements made it impossible for him to take advantage of the “gen- erous and patriotic offer” of the | brotherhood. | The Executive reiterated that it would be impossible to provide State | grants for old-age pensions and care | of crippled children under the social security act. Funds for this purpose also were contained in the third de- | ficiency bill. The Executive explained | that while some money could be made available for skeleton machinery for administrative purposes, no cash benefits could possibly be disbursed. Asked when he expected the Guf- fey coal measure to reach a point of effectiveness, the President said its machinery would be set up within a short time. He added that he did not expect a large number of additional employes would be required to admin- ister the “little N. R. A.” of the soft coal industry. The Federal housing program is moving ahead rapidly, the executive indicated, with $3,000,000 daily going out in loans. LABOR DAY WEATHER TO BE FAIR AND COOL Showers May Follow Late in Afternoon ‘or Night, Says Local Weather Bureau. Labor day promises to be fair, ac- cording to the Weather Bureau, and moderately cool, with the probability that in the Washington area there will be showers either late in the