Evening Star Newspaper, October 13, 1935, Page 10

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STABILIZING FUND IS KEPT SECRET Treasury Officials Refuse to Comment on Use of “Gold Profit.” By the Associated Press. Secrets usually are not secrets long in Washington, but the Government has managed to keep one phase of its | activities generally relegated to the realm of mystery. This is the operation af the vast| $2,000,000,000 stabilization fund, hy‘ which the Treasury seeks to keep the foreign value of the dollar at such Jevels as seem best for American busi- ness. Rumors and reports of its activities | come and go, but the Treasury says nothing. If asked what the fund is doing, Secretary Morgenthau's re- | sponse is stony silence and a slightly amused stare. . This silence he has broken but once, and then only after foreign officials had revealed one detai! of the fund’s operations. In June it went to tl'!e1 aid of the franc, when its position was threatened by a flight of gold from France. Help to France Revealed. “Thanks to the genero'is co-opera- tion of Secretary Morgenthau, who constantly fed the market with dol- lars,” Jean Tannery, president of the Bank of France, told a meeting of Eu- ropean bankers, “France was able to avoid the stopping of gold purc'k‘luu and its dangerous consequences. Even then Morgenthau would not tell what had been done. He appre- ciated the “generous” remarks of the French banker, he said, and the ac- tion to which he referred was no more than an “act of common decency be- tween nations.” Known as “Gold Profit.” The fund was created by Congress | from the excess of gold which resulted from the reduction of the gold content of the dollar, generally referred to as the Treasury’s “gold profit.” With it, the Treasury was author- 4zed to deal in a wide variety of ex- change and securities, giving it a practically unlimited field of opera- tion. Soon after the legislation was en- scted, $200,000,000 was piaced at the | disposal of the fund. It has never yet called for the $1,800,000,000 addi- | tional to which the act entitled it. — Births Reported. ise Coles. boy. Mary Smith b Jessie and Helen Beling. b sey and Eva Swilling. boy Halvor'® And Matauerice Riedesel boy. Francis J. McArdle. boy. ¢ and Leonora Goldsmith. boy :'fle;meg and Patricia Constantinople, boy Amason. boy. ""fl'zy':‘%a:%fl: g:“is\‘onei Por. uls and Mary Cook. airl. ' land and Mildred Gardner. sirl. Tonus and. Vireie Ray.. irl S ona e fim;«'ufx;re’"flr'lm' us an . gl Walter W. and Dorothy Girton, eirl. Jerome and Marearet Gaspard, girl. John C. and Mary Ritter, girl. James and Helen Nurney. wson and Josel d “Rut James and Edn - girl. Harold and Winifred Ackman. eirl. James R. and Louise Tennyson. irl. Frank and Amolee Brantley. gi George and Leanah Vallandingham. girl. Edw: Catherine Jarrett. rl. Peter and Lola Calhoun. boy. uther and Catherine Marshall. boy, Cebron and Lena Jackson. bov. Eugere and Priscilla West. boy. James and Verona Lancaster, boy. John and Helen Day. boy. Thomas and Helen Butler, boy. n. boy. H_and Doretha Gaines. boy. ‘Thomas and Mary Moore. boy. Maurice and Hilda Anderson. boy. nd Gladys James. girl, and Bertha New irl, James and Martha McDonald. girl arrington and Pearl Jeferson. girl. enry and Cleo McDonald. girl. Nettie Marshall. girl d_Rosenda G Giibert and Ollie Chandler. girl. Chauncey ani Grace Gross. girl, David and Jessie Ricks. giri. Foward and Mildred Mason. girl, sames and Pauline Asbury. girl Benjamin and Rebecca Foster, sirl, = Marriage Licenses. Alexander Norman, 58 i Solemon. 54, both of Richmons tva: v J. C. Bai Francis H 618 E st. ne. 1778118 Wi . 'Lar, and Prances 27 st Rev. Abram Simon. Laurence "Gershoutz. 41, and Carman Gregory, 31. both of ‘Baitimore, Md.: E. Mattingly, ers, 26, 1511 4th Locustdale, 6. and Alida L. both of Atlantic City, N. J.. Judge Robert E. Mattingly. Turner Peterson, 21. 454 M st. and Alma 19, New Jersey ave.: Rev. Shoemaker. 24. and Ine; t. 22, both of ~Baltimore, " Poore. 2, 1429 11th st. and inihl® 11th st Judse z M Md.; A Bates st.. :A',n Madison H. Moun! and Vesta I, mpton, %3 both of Lynchburs, Va.: Gordon Grady, 5. and Berrie B, Hilldrup, 31. both of ‘Fredericksburg., Va.: Rev. H. M. Hennig Othelio Leo Evans, 21, Mitchellville. Md., and Clemintine’ E.' Hamby. 21. West Jeflerson N. C: Rev. A. F. Poore. Jolin D. Boves. 25 and Janie L. McLaney, 25. both of Akron. Ohio: Judge Robert E. Mattingly. Thomas A. McMullen. 25, and Doris M. Randolph, 23, both “of Akron, Ohio: Rev. M. P. German, Joseph C. Macchio. 4. New York City. and Dolores I Carey. 18, 2215 14th t.: Rev. J. L. kenney. Tolaey O. Chi and Frances G. Chase, 32, both of M st.: Rev. H. 8. Smith. Clarence Gaines. 23. and Josephine J. Eobinson. 18 both of 1227 Ist st.: . 8. Michaux. Loran P. Karsner 22. Prankfort. Ky. and 23, Dickson, Tenn. Dorothy D. Robinson. GRANDS UPRIGHTS = AIND ~- MIDGET PIANOS FOR RENT HUGO WORCH 1110 G.Est.81 A THE SUNDAY STAR, WASHINGTON, D. C., OCTOBER 13, 1935—PART ONE. Washington Wayside “GANGWAY—!I" 11 HE mail must go through” is the slogan that postel authorities have proudly lived up to for many years. ‘This was clearly shown when a Wayside operative was made to move aside as a huge lumbering mail cart made its way through' the corridors of the Department of Commerce with & single letter aboard. THE FORGOTTEN MAN. Director J. Edgar Hoover of the Federal Bureau of Investigation re=- cently received this plea from a desperate husband: “Wife left me. No job long time. Positively must have her back. Tried everything else. What can you do? The Original Forgotten Man.” * % % x PAINTER AT WORK. THERE are various methods of reach- ing one’s destination. Most of case it was just as effective, even if | slow. Frank Smith, local newspaper man, the modern ones are fast, but in this| Random Observations of Interesting Events and Things. after a day's work, started to open a window, and, to his amazement, found his hands covered,with wet paint. Slightly annoyed over the incident, Smith remarked no arrangement had been made for the repainting of his apartment and certainly he had given no one authority to enter it. Further, he could see no reason why “fresh paint” signs could not have been posted. = Inquiries failed to reveal how the painters gained access to the room. Finally he inquired of the house manager, a woman. “No,” she said, “I did not let any one into the apart- ment.” “Well,” inquired Smith, “do you have any idea how the painter got in?” “Why, surely,” answered the man- ager, “he let himself down from the roof on a pulley scaffold.” GOLDEN WEDDING NOTE. Cortze Steed of the 700 block of Massachusetts avenue northeast has been married to his third wife Jjor more than 50 years. The couple will celebrate their fifty-first an- niversary in February. ATTACK AT DUSK. A ROCK CREEK course golfer took & mean swing at the ball. He missed. The hour was late and dark- ness was fast egttling over the fair- ways. He took another swing, and just as his brassle met the gutta percha pellet an angry bee banged its stinger into his neck, Adam’'s-apple high. As he rushed for the club house the golfer figured he must have an- gered the bee as well as himself by ‘retumtd to his apartment recently|the blow that fanned the air. Per- GC.5T AT # 9x12 and 8.3x10.6 Ft. VELVETS—-AXMIN haps something naughty was said. He may have made a hole in two, but he didn’t even take the trouble to retrieve the ball. SIGHT-GLANCER. We have jound a rival for the girl who, while sight-seeing on the Continent, dropped in at the Louvre for a minute or two. She alighted from a slinky black town car, ran up the steps of the new Supreme Court Building, peeked in the door- way and dashed back to her motor. We wonder what her impression was. * % % % WITHIN HIS RIGHTS. JEVERY man has a right to “cuss cut” his boss—to his back. At least that's the belief of Ben- jamin L. Gaskins, colored lawyer and member of the Board of Education. Gaskins expressed his opinion when a group of engineers appeared befors the board to protest the appointment of a certain man in the school sys- tem. A number of objections were BAY ;SON OlL_ WORKS CoLUMBIA 5228 < offered, among them the statement that the man in question had used profanity in talking about the Board of Education and the new job. “Hold on just & minute,” Gaskins interrupted. “I want to make myself understood about one thing right now. “You say this man ‘cussed out’ the board. Well, many a time when I've been in court and the judge didn't rule to suit me, I left the court build- ing and to myself ‘cussed out’' the judge. I hold that every man has thai right. He can ‘cuss out’ his boss to his back just as much as he wants to. It is his right and he can use it. I, for one, won't even consider this as » serious charge against this man.” * % X % DID YOU KNOW—? The upper windows in Stratford, the bdirthplace of Gen. Robert E. Lee, are larger than the lower ones. Visitors at the dedication of the renovated building yesterday found this was because country mansions of & century ago were different. Bed rooms were on the first floor. The: family lived upstairs—in the big dining room, ball room and general living quarters. * ¥ X ¥ STREET VIGNETTE. TREET scene: The window is em- blazoned with journalistic horrors depicting the unhappy plight of the “masses.” Three—obviously—of the masses lounge on the curbing outside. “Now, if we had a million dollars we’'d do some good with it'!" declames one. “Yes, or 15 or 20 million,” chimes in another, who saw no reason to be held down to minimums. “Sure,” agrees the third, stumped by the astronomical flights of his as- sociates and unable to “raise” their ante. HOT-WATER HEAT American Radiator Co. Heating Plant Completely Installed in 6 Rooms Up to 3 Years to Pay—First Payment Dec. No Cash Down Written Guarantee nt. Nothing ¢ rees for this pe el de-to- aystem for each house. Federal Housing Tates! Free Estimates Day or Night ROYA 907 15th Nights and Sundays Phone Adams 8529 Dor We inute” heating e HEATING CO. RS UATE HEATING ENGINE § at. 3803 t. N.W. = - g STERS—BROA Instead of describing this rug event with many adjectives (whieh, hpwever, cert- ainly would be justified) we’re simply saying—shop anywhere in the city and see if you can duplicate such high quality rugs for many dollars more than we’ve priced them. RUG PADS 5 29 Sizes 9x12 and 83, X 106" Heavy quality, all-hair felt with the famous waffle imbedded. Moth proofed. displays. Every rug guaranteed perfect Shopping is the only fair way to compare—shop—compare. 9 29°34° Fringed Velvets e 15 finely woven patterns Patterns for every room. o Deep, lustrous fringe Axminsters and Broadlooms o 14 patterns! 11 solid colors! @ Seamless, extra-heavy Axminsters o Deep-piled, smooth-finish Broadlooms Arm Every rug guaranteed perfect ‘s Inlaid strong's Inlai LINOLEUM Oriental Designs 17 choice Oriental patterns Colors woven through to back High-lighted just like Orientals Every rug guaranteed perfect Rubbert Cemented to floor over 1Y; 1b. deadening felt All of the newest patterns in standard quality embossed and straight - lined bath rooms. Rug and Linoleum Dept.—Fourth Floor All sizes. A genuine Heller custom-built, innerspring mattress. But- ton Tufted . . . Eight Ventilators for Sanitation . . . Roll Edge . . . Taped Edges . . . Sewed Handles and all such features that characterize a high quality mattress. damask, plain or striped tick. Panel See our window 1.95.~ inlaids. Cut to your measure from perfect quality. Slight extra charge for small room sizes. Genuine 525 Heller Custom Built Heller Studio Couch ......._...24.75 Opens 1o Double or Twin Beds— Attractive Coverit Buy on Our Convenient Budget Plan Palais Royal—Fourth Floor ex Floorings Looks just like real linoleum and wipes clean in a jiffy. Choose from 23 gayly colored designs, suitable for kitchen, dinette and bath. Please bring Buy These on Our Easy Payment Club Plan FEDERAL BAR GROUP PLANS DANCE FRIDAY Golf, Tennis, Swimming, Bowling to Be Followed by Dinner at 7:30 P.M. The Federal Bar Association will hold its annual outing and dinner dance Friday, October 25, at the Con- gressional Country Club. to golf, tennis, swimming and bawl- ing, with Thomas G. Sherman in charge of arrangements. | Justin Miller will preside. Arrangements for the dinner are in do un an wil tough and durable, and cure. permits painting. 710 12th St. N.W. The afternoon will be given over | ‘The dinner | | will be held at 7:30 pm. President | My H charge of the organization’s Social Committee, which will meet Tuesday at 5 o'clock in the University Glub. Tickets may be purchased from mem- bers of the Social Committee or at the association headquarters i the Earle Building. Deaths Reported. l‘yr;nz 8. Gibbs. 854, St. Klizabeth’s Hose ce E. Smith, 78, 724 Marylapd ave. John Maloney. Gallinger flonll:l,! Ora Jane Rog 3. Gallinger Hospital. James Edw. W) 5, Veterans' Adminise GeriHuds Broack 43. Gallinger Hospital ; 7’43, Gallinger Hospital. Jenrie Johnson. 18’ Freedmen's ‘o‘lp‘"fl. Chnrllol; Stewart, 86, St. Elizabeth’'s Hose s | John C. Mocre. 63. 8t. Elizabeth’s Willlam Garrett, 52, Preedmens Hospitar 50. Gallinger Hospital . Eatly. 40, St. Elizal ‘s Hose pital, Edwara Spivey. Emergency Hospital. George D. How, 27, alty Hospital “If Winter Comes”’ n't let it find your voof able to cope with snow d rain . . . protect it NOW th... Our Roof Paint This Roof Paint is bigger than the weather. It is if used in time to offer PROTECTION you will not need some other costly Get -this off your mind while the weather E.J. Murphy Co, Inc. NAtional 2477 Wire-tied spring unit!

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