Evening Star Newspaper, September 29, 1936, Page 9

THE EVENING MONEY PROGRAN WL BE LEYBLE = Morgenthau Says There Has Been No:Agreement on Dollar-Pound Ratio. By the Associated Press. A flexible, but controlled, relation- ship between the dollar and the pound, rather than an exact, ironclad ratio, appeared today to be a probable aim of the tri-power monetary agreement. Secretary Morgenthau told a press conference late yesterday that the monetary understanding by Great Britain, France and the United States included “no definite agreement” on the dollar-pound ratio. ‘This question had aroused specula- tion since the accord was announced last Friday night because the dollar and the pound are important measur- ing rods for other currencies, and the | relationship between them thus has a | vital bearing on the international | monetary and trade situation. | War Debts Not Involved. ‘The problem of war debts, and whether they would be affected by the three-power agreement, also drew at- tention at Morgenthau's conference, but he said these obligations had not been involved in the monetary nego- tiations. The Treasury chief declined to elaborate on this in response to further questions as to whether the currency understanding would not provide a gateway through which the nations could enter upon new debt negotia- tions. Morgenthau had no comment on statements by the Russian State Bank that its offering of 1,000,000 pounds Saturday was not calculated to drive down the price of sterling. Earlier, he had said $5,000,000 of the Treas- ury’s stabilization fund was used to buy the offering and halt a down- ward plunge of the pound occasioned by it. Explains Agreement. Discussing the dollar-pound rela- tionship, Morgenthau told reporters that the “gentlemen’s agreement” on money was simply an arrangement under which “three nations are work- ing together toward stability in for- eign exchange.” British and American stabilization funds and the French stabilization fund, ‘'which is to be created under the agreement, Morgenthau said, will be used for this purpose. “We will be working together and we will be working in the same direc- tion to even out any sharp swings” in foreign exchange, he said. He added that each nation may ‘“‘use its own discretion” as to when ex- change fluctuations necessitate sta- bilizing action, but quickly added t parties to the agreement will main- tain close contact at all times and will -consult frequently regarding | operations. Numerous exchanges of views, he added, passed between the three countries yesterday. Morgenthau appeared optimistic over the outlook for the monetary accord, saying all the information the Treasury received yesterday “‘was hopeful.” “Everything everywhere was con- structive,” he asserted, adding that “there were no signs anywhere of a devaluation war.” Marriage Licenses. Jeff Freeman. jr., 24. 340 M pl. s.w.. and Mary L. Maithews, 17, 221 M st.i Rev. W. Westray. Willie H. Luck. 39. Danville. Va.. and Mary L. Pair, Greensboro, N. C.; Rev. . 10 St. Matthew's Herbert. 31, 1131 F. W. Alstork. and Sallie i Rev. A Montague 40.1015 3d st., and 2th st. n.e.; Rev. and Mary C. Mo of Baltimore; Rev and Georgia M. Shepherd, 30. Bucking- . J. C. Ball Euclid st.. and e Hayes st.'n.e.; . H. Fren Emmett D Sudduth. 42, 903 C st. ne.. and Bessie E. Sloper. 4K Alexandria, Va.: Rev. J. C. Ball Millara C. Edelen, 1 Dorothy ‘A._Fairall, Rev. John 'Weidley Boward H. Botz. 3. and Joyce T. Fisher, 25. both of Keswick. Va.; Rev, U. G. B Bierce est _jones. 20. 618 L st. and Sena Chambers. 19, 1215 Neal pi.; Rev. 8yl- vester Moss Carroll Buchanan, 30. and Mandy Palmer, 28, both_of 65 Springman’s ct. s.w.. Rev. W. L. Scott Robert. Williams, 40. M Richburg. 2. st:; Rev. W. H Jernigan Alfred C. ‘Whitehead. 36, ‘and Josephine glifton. i Rev. K st. se. and 743 1%th st eaumont. Tex.. and 23, 930 Westminster 1, both of 1303 R st . C. Bmith. Nathaniel L. Leek. 38, Brooklyn. N. Y., and Thelma G, Johnson. 36. Bronxville, - Y.: Rev. J. H. Dunha; Howard' L. Huddleston, 9 8 st. and Carrie A. Shipp. 56 V st.. Rev. M. . German John N. Randolph_26. 1301 Madison st.. and Vitginia A. Edwards, 24, 1323 Tay- : Rev. J. A, Dunn. wn. 33. Ch and Joy Waterfield. H. H. D. Sterret| ‘Wilmer A. Jasper { Rhode Island ave . 3812 Kansas 7 14th st.. and 38 Longfellow . 312 Maryland Bradshaw. 26, C. Ball. wood. Mo.. and 916 29th st.; Quincy ‘st.. and | 4236 Sth st} Rev. AS GUESTS OF AN EMPRESS 29 PORTS MADEIRA GIBRALTAR SPAIN RIVIERA ITALY GREECE PALESTINE EGYPT INDIA| CEYION STRAITS SIAM JAVA BALI PHILIPPINES CALIFORNIA PANAMA 125 DAYS From New York January 9, 1937 v Fares from $2.300 (with bath from $3.990). including stand- programme. See aget or Canadian Pacific: General Agent, 14th and New York Ave. N.W.. Wash- . Wash- ington, D. C. Nationai 4235. Deaths Reported. Bertha E. Lans. 72, 8t. Elizabeth's Hos- pital, Gertrude D. Staley. 3. 1410 R st. ch‘afiu" R. Rennerverger, 64.. Casualty ospita Maude R. Hoffhines. 3. 3010 Dent pl nn. 56. Providence Hospital. Gallinger Hospital. Georse Washinston Uni- Columbia Hosoital. Providence Hospiial. Providence Hospita) Al 77 Home for Aged and Infizm. Arthur Blue, 61. Home for Aged and In- rm. Nobert_ Tolen, 45. Gallinger Hospital. Bone mass: B0 Garfeld Hospieal, Infant Barbara Lee. Children's Hospital. Infant Leon Mack. Freedmen's Hospital, Infant Nicholson 'Columbia Hospital. Infant Hill, Gallinger Hospital Infant Griffin Hospital, Infant Addison, Gallinger -Hospitaly’ Infant Gordon, Gallinger Hospital, Infant Frazier. Gallinger Hospital, Births Reported. Reginald and Daisy Vaughn, boy. Percy and Ethel Guthridge. boy. Mark and Gladys McCoy. ®irl. William and Ethyl Harrison. bor. George and Kate Durnbaugh, boy. Ralph and Heélen Rabuch. girl. Cleveland and Sallie Moffett. Preston and Grace Elliott, by Thomas and Katherine Green girl. Edward and Irene Wroten, girl. Antlers Shed Regularly. The bull elk sheds his antlers after each mating season and grows a new pair in Summer. By Fall he is ready to fight off other swains and acquire & new harem. Freedmen's THE SE EVICTED WOMAN ENDS BANK FIGHT Had Planned to ‘Occupy Porch Until She “Got Home: or Died.” By the Associated Press. CHICAGO, September 29.—The porch-sitting phase of Mrs. Ruby Lucas’ fight against “the millionaire bankers” apparently was ended today, but her opinion of them remained un- changed. Mrs. Lucas, 43, who sat for four days on a mattress on the front stoop of her South Side bungalow in protest against being dispossessed, suddenly aban- doned her siege Jast night. Her broth- er, Edward , induced her to withdraw. Evicted last Priday for failing to | meet mortgage payments for three | years, Mrs. Lucas sat down on her furniture with the avowed intention | of ‘staying “until I get my home back STAR, WASHINGTON, IN SEATTLE STRIE Labor Board Investigation of Hearst-Newspaper to Be Completed. By the Associated Press. SEATTLE, September 29.—A Na- tional Labor Relations Board hearing of charges the Post-Intelligencer dis- ¢harged two employes for activities in the American Newspaper Guild neared & close today with predictions it would end at noon (3 pm., E._8:T.). Attorneys for the strike-bound news- paper_ and for the Labor Board in- dicated they would not. make. closing arguments, but would let the.case res: with testimony of several rebuttal wit- nesses for.the board. Charles B. Lindeman, associate pub- lisher of the hearst-owned newspaper, testified yesterday the guild cosnection of Frank M. (8lim) Lynch; news or die.” pliotographer, and Philip Everhardt ASON’'S CHOICEST PATTERNS and COLORINGS! HOW WE DO IT! This is not just “sales’ merchan- dise” as ‘you usually -understand the word “sale.” These are genuine $42.50 Ostermoors which we pur- chased at carload prices —a tre- mendous saving. Ostermoor- and Co. slashed their profit if we would take assorted covers —often only one of a kind. ‘We did, and to make this a notable sale, decided to slash our own profit, too. You get the whole benefit —a $12.65 saving on every one you buy. This genuine Innerspring Oster- moor is a $42.50 mattress by any yardstick of comparative values. Some of these -beautiful woven tickings have never been sold ex- cept on $49.50 Ostermoors . .. Because we, the exclusive Oster- moor store in this city, bought in carload quantity, you save enor- mously. Armstrong, dramatic . critic, had nothing to do-with their dismissals and that executives had been instruct- ed to avoid “intimidation” of guild members. ‘The discharge of Lynch and Arm- strong precipitated the news room walkout, called by the Seattle chapter of the guild, August 13, and caused the paper’s indefinite suspension. Sub- sequently the guild cited the®Post- Intelligencer before the Labor Board on charges of violating the nationel labor relations act. B “I had told Mr. Colvin (Ray Colvin, day managing editor) that under no circumstances could guild members be Intimidated and that no statemenis could be made that could be inter- preted as such,” Lindeman said. Two witnesses, Paul Stoffel, jr., re- lief editor, and E. P. Chalcraft, Federal ADVERTISEMENT. [Don’t Endure S| ipping ' FALSE TEETH Do your false teeth drop or slip .when you talk. eat. lsugh or sneeze? n't ‘be annoyed and embarrassed a minute longer. FASTEETH new | powder to sprinkle on your plates._holds | teeth firm, Gives fine feeling of se- curity and'comfort. No gummy. gooey. DAasty taste or feeling. Get PASTEETH | 10day at Peopies Drug Steres or any other drug sto RE F D. C., TUESDAY, SEPTEMBER 29, 1936. HEARING NEAR END Building reporter, neither of them on strike, told of canversations with guild leaders intended to show the strike was called because it was feared the labor relations act was unconstitu- tional, DEMOCRATS TO MEET Democratic headquarters at 1500 Rhode Island avenue will be open to~ night to persons wishing to hear the President's radio address, which is to be broadcast at 9 o'clock from Syracuse, N. Y. ‘Tomorrow night a Democratic rally will be held at headquarters, with speeches to be delivered by Evelyn Adams, recorder of the General Land Office; Elwood Seal, corporation coun- sel, and George McNeil, assistant Dis- trict attorney. OLD GOLD AND SILVER will bring you THE NEW PURER ALL-VEGETABLE SHORTENING Y SPRY just once! You'll never go back to ordinary shortenings again. Spry is ALL-vegetable, smoother, whiter, creamier, purer. 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