Evening Star Newspaper, November 15, 1935, Page 44

B—20 FLEMING OPPOSES BANK IN POLITICS Election of Anti-New Deal Official Without Impli- cation, He Says. By the Associated Press. NEW ORLEANS, November 15.— Robert V. Fleming of Washington, new president of the American Bankers’ Association, said today the election of en “anti-New Deal” official by the financiers had no political implica- tons. He made his statement after ad- Journment of the annual convention, at which Orval W. Adams of Salt Lake City, & vigorous opponent of the Roosevelt administration’s banking policy, was chosen second vice presi- dent. “The American Bankers’ Association has never been a political organi- zation and I will do all within my power to prevent it from being such,” Fleming said. He pledged the support of the bank- ers to any sound proposal looking to recovery. Money Worth Hire. In answer to President Roosevelt's recent suggestion that bankers lower their interest rates under 6 per cent, he said: “I don't know of any commercial Borrower who is worthy of the credit he asks that is not getting all of the money he wants at less than 6 per cent. “In some sections, particularly in" the rural areas, mortgaged money is renting for more than that, but as Calvin Coolidge once *Money must be worth its hire.’” Representative bankers from impor- tant agricultural areas yesterday praised the “New Deal” farm program. While some Roosevelt ideas were se- verely criticized here during the con- vention the agricultural adjustment act was hailed as the “savior” of the country by bankers from the wheat, cotton, corn, tobacco and hog areas. Held Share-Wealth Method. W. D. Ferguson, president of the Thomas County National Bank of Colby, Kans., where 7,000 wheat farm- ers received $860,000 in wheat allot- ment checks this year, said: “The A. A. A. has kept us going through two crop failures and wheat allotment checks have furnished us with necessary living expenses. While I might criticize the way the A. A. A. has been administered in our area the idea is fine and some such scheme must be made permanent. In addi- tion to this I think it is a fine way of attaining this redistribution of wealth we have been hearing so much about.” A. D. Simpson, president of the Na- tional Bank of Commerce of Houston, Tex.. was enthusiastic about the pres- ent cotton control program. Grant McPherrin, president of the Central National Bank & Trust Co. of Des Moines, Iowa, in the heart of the corn belt, said: “I think the agricultural adjust- ment act is the most constructive feature of the New Deal. * * * The farmers in Iowa have always been fairly prosperous, comparatively speak- ing, but the A. A. A. has helped them materially.” ‘Tobacco Control Effective. The A. A. A. control program as it affects tobacco farmers “is a very constructive measure,” . according to Millard F. Jones, vice president of the Planters’ National Bank & Trust Co. of Rocky Mount, N. C. The association called for a halt in Government’s commercial and banking enterprises after an admin- istration official told the members Federal activities have turned the tide of depression and offer the best hope for the future. Replying to criticism of the New Deal by previous speakers, Marriner B. Eccles, chairman of the Board of Governors of the Federal Reserve Sys- tem, defended Government interven- tion in business, saying: “Contrast the dismal picture of 1932 with conditions now. “National income, -which fell from more than 80 to less than 40 bil- lions, rose to nearly 50 billions. for 1934. Although figures.are not yet available for the current year, it is probable that on the basis of present business activity the national income will be close to 60 billions—or about half way back to 1929 levels.” NEBRASKA THREATENS TO OPEN GAS STATIONS Reprisal Move Develops in Fight Over 0il Companies’ Efforts to Recover Tax. By the Associated Press. LINCOLN, Nebr., November 15— The State of Nebraska would go into the filling station business under a proposal introduced by Representa- tive Walter M. Burr of Janiata yes- terday. The measure was intended as a re- prisal against oil companies which have sought to recover money paid under a 1-cent-a-gallon gasoline tax. The measure later was invalidated by the Nebraska court. Burr’s bill was placed on file to give it expedited consideration by the House. Russians Learn English. English is being taught in schools of Moscow, Russia. remarked, | Re-elected AGAIN CHOSEN TO HEAD BANK WOMEN. MISS SUSAN B. STURGIS, Assistant branch manager of the First National Bank, Boston, was re-elected president of the Amer- ican Association of Bank Women at the closing session of the organ- ization’s convention in New Or- leans. —A. P. Photo, THE EVENING STAR, WASHINGTON, IRVIN S. COBB SPEAKS ‘AT ROGERS DEDICATION $250,000 Stage Is Marked by Plaque—Senators and Gov- ernors Attend. By the Associsted Press. HOLLYWOOD, Calif., November 18. A $250,000 motion picture sound stage was dedicuted yesterday to the late Will Rogers “who made the whole world laugh and the ‘whole world loves you.” The words were on a plaque un- veiled at ceremonies attended by Gov. B. B. Moeur of Arizons, Gov. Frank F. Merriam and Senator Willlam Gibbs McAdoo of California, Senators Pat McCarran and Key Pittman of Nevada and Wallace White of Maine, Irvin 8. Cobb, close friend of the cowboy humorist, gave the dedication address. Nurses as Walkers, Several nurses in a certain hospital were interested in knowing just how far their duties carried them during the day. They used a pedometer. One nurse reported that she did 10 miles in one day, while another claimed 15 JuLius GINEL &.Co. F STREET AT FOURTEENTH furs . shoes . THERE'S A WEALTH OF CHOICE HERE IN THE LOVELIEST AP- PAREL FOR MISSES . . . JUNIORS AND GIRLS . .. - “We’ll go to Garfinckel’s today” is the Saturday slogan of the smart young crowd bent on a week- end shopping tour . . . We're constantly at work collecting new goods for our fourth and sixth floors, and tomorrow’s showing will thrill you. thing is so smart . . . and an astonishing assort- ment at moderate prices if you're on a budget amount . . . dresses . .. coats . . . ensembles . . . Every- . accessories . . . luggage. WooDWARD & LOTHROP DOWN STAIRS STORE BRILLIANT BLACK AND CLASSIC WHITE For Evening Glamour Flatteringly graceful white crepe and chiffon evening dresses, beauti- fully trimmed with jewel-like gire dles, clips and buttons. Shown, a white crepe dress with beaded re- movable jacket for dining and evening wear. Regal full-length, full-lined capes and coats in rich black velvet. white fur collared. Some hooded, some Dresses, $1 3.95 Capes and Coats, $16-95 . Also a large selection of other style wraps. to $19.75. Priced from $10.95 DowN STAms STORE, DRESSES. BAGS, sl Of glistening sequins, rich velvet, or tiny beads. Pouch or vanity. GIRDLES $.95 Rayon satin brocade with tic panels and talon fastener. Sizes 27 to 32. EVENING SLIPS, $]-95 White satin for sleek, molded_lin Also tea- rose. Sizes 32 to 38. CHIFFON HOSE, 31 We m.n lovely -Inn tone jaf white. 3 pm':.“;znk D. C, FRIDAY, NOVEMBER 15, WOODWARD & 10™ 1™ F anv G STREETS Student and Prep OVERCOATS 31675 Are you looking for an overcoat that is smartly styled and well tailored—one that will keep you warm when the cold winds blow? Here it is, and in a choice of the new checks, patterns and plain colors in brown, gray or blue. Double breasted, set-in sleeve and full-belted models. Sizes 32 to 38. 8HoP yor YOUNGEIR MEN, Srconp FLoOR, 1935. LOTHROP Puose Dismicr $300 AR i Always Correct Oxford Gray by Middishade *35 Wear it for business—wear it for more dress occasions when you do not want to wear a tnxedo—oxford gray is the double-duty suit that is always “right.” Middishade has tailored this new double- breasted, long-roll lapel-to-bottom model with infinite care that it keeps its shape well and always looks neat. It is a suit you will be proud to wear. THE MEN's STORE, SECOND FLOOR. Try on a Homburg STETSON Whether you are old, young or in be- tween, the chances are you will look good in a homburg—particularly the way Stetson styles this favored model. In smart tones of pearl gray, smoke and Afghan brown and made as only Stet- son knows how. ‘THE MEN’s STORE. SECOND FLOOR. SANDALS $3.95 ‘White satin Grecian san- dals with new low .prjnl heel. May be dyed with. out additional charge.