Evening Star Newspaper, October 4, 1936, Page 6

A6 TOUGHLINASSALS ONEY BONDAGE! Priest Says Both Roosevelt -and Landon Are ‘“Sham Battling” Campaign. By the Associated Press. DETROIT, October 3.—Rev. Charles E. Coughlin asserted tonight that both Gov. Alf M. Landon and President .Roosevelt were “sham-battling their ‘way through this political campaign with sophistries and misstatements, confident that an unanalytical public ~will applaud their golden words and keep the American people in financial bondage.” In a radio address, the head of the “National Union for Social Justice re- ferred to President Roosevelt's state- ment Thursday night that within a year there had been no “single bank failure” in the United States. The priest said: “Oh, yes, we are celebrating a re- «quiem anniversary for our local cor- Ter banks in our cities. It is true that no national bank has failed within the year. Is it likewise true that no grocery store, no small industry failed during that space of time? They were all private corporations. Cites Eight “Reasons.” “But how could the banks fail under the eight following reasons? “First, the Federal Government sup- plied adequate capital to them. Sec- ond, the New Deal made loans to them on the full value of their cats and dogs and other assets. Third, the re- vived banks were permitted to pawn even their stocks which were held by the Federal Deposit Insurance Corp. Fourth, all deposits up to $5,000 were insured. “Fifth, the Reconstruction Finance Corp. owned by the Government, took care of all large loans to big industry. Sixth, the home owners' loan and the farm loan acts relieved bankers | of the responsibility of making loans | to the average man. Seventh, the ideal of banking according to the New Deal became ‘liquidity,’ which is the absence of banking. Eighth, local banks found it impossible to} make local loans to small industry because local. banks became the store | houses of Government bonds. Banking Held Diseased. “When I learned this boast of how guccessful the New Deal had been in preserving the local banks from failure 1 was reminded of a health officer who had set out to make a record for him- self,” Father Coughlin continued. “In his desire to eliminate smallpox from | his town he recorded every case as| measles. | “Instead of curing the banking dis- | ease of this country, instead of driv- | ing the money changers from the | temple, instead of restoring to Con- gress the right to do all the issuing| of money, permitting the bankers to | do the retail lending of money, the New Deal has fallen in love with the Old Deal. Worse than that, it has put | the cart before the horse. The banks | issue money and the Government does | the retail lending of money.” . French (Continued From First Page.) to oust several hundred striking ma- sonry workers who invaded Parcay- Meslay airfield on bicycles. Bakery workers at Roanne struck, demanding collective bargaining, while a toy factory in the city wuj occupied by 400 striking workers. | De la Rocque tonight charged that | the government-ordered investigation of his social party was undertaken *on direct orders from Moscow.” He would give his followers secret orders, De la Rocque said, on what they were to do at the Communist meeting. The Communists, he | charged, previously had threatened to | do the same thing to any meeting of | his followers he might call | The “Moscow” charge tonight ap- | peared to have gained a degree of | parliamentary attention. | The Rightist Deputy, Jean Ybarne- | garay, in a letter to the premier, wrote he would ask Blum what the premier would do to ‘“remove our country ! from the degrading¢ dictatorship of | bolshevism and to guarantee French political parties and citizens legal equality.” Government proclamations were posted on billboards asking citizens to co-operate in the government’s ef- forts to prevent “unjustified price rises” following devaluation. The appeal for “confidence and vigi- lance” was prefaced by a brief state- ment that devaluation would lead to economic recovery and prosperity only Faces Court COWBOY ACTOR DECLARED TO HAVE CUT WRIST. REX LEASE. The cowboy film actor is shown in court at Los Angeles, where he was given a five-day suspended sentence on a drunkenness charge. He was said to have slashed his wrist with a razor blade in a fit of despondency, and was ar- rested in the hotel room of a Jriend he was visiting. —Copyright, A. P, Wirephoto. EX-GOV. VAN SANT IS HEART VICTIM { Last Civil War Veteran to Serve as Minnesota Governor Dies on Way to Florida. By the Associated Press. ST. PAUL, October 3.—Samuel R. Van Sant, last Civil War veteran to| serve as Governor of Minnesota, died today in Attica, Ind., en route to spend the Winter. Heart disease caused the death of the former national comman- der of the Grand Army of the Repub- lic, who was 92 years old. A Republican, Van Sant served two years in the State House of Repre- sentatives, one of them as Speaker, before being elected Governor. He| served for two terms, from 1801 to | 1905.- He was the State's fifteenth Governor. Best remembered of his accomplish- ments of his period as Governor in- | volved one of the business giants of his time, the late James J. Hill, whose | work as a pioneer railroad man won | | him the title “The Empire Builder.” Gov. Van Sant inaugurated the legal proceedings which led ultimately to dissolution of the Northern Securities Co. through which Hill sought to combine his two lines, the Great Northern and Northern Pacific. By a vote of 15 to 14, Dublin Cor- poration, Irish Free State, refused to abolish the office of city manager. OFFICIAL PIANO OF THE METROPOLITAN OPERA KNABE Now Makes a New Small Grand at A New Low Price « + « for full particulars see our ad in the roto- gravure section of this paper today. HOMER L. KITT CO. 1330 G Street if prices were kept “relatively stable.” ‘The government posters asked con- sumers to report all price increases, and warned merchants that retaliation would be “immediate and severe.” BLUM COMMENTS. Premier Foresees Period of Economic Disarmament. GENEVA, October 3 (#).—French Premier Leon Blum, commenting on the devalued franc under the mone- tary accord of Great Britain, France and the United States, said tonight: “We can now look forward to a pe- riod of economic disarmament.” Fire in 1877 Is Topic. Fire in the United States Patent Office in 1877 will be discussed by Wal- ter E. Allen, vice president of the As- sociation of Oldest Inhabitants, at the organization’s meeting at Old Union Engine House, Nineteenth and H reets, Wednesday night. ADVERTISEMENT. Kspirub’ For Lame SORE MUSCLES Keep this in mind. Because of the other ingredients in Aspirub, | the Aspirin this great rub contains, | swiftly penetrates thru the skin and greatly helps the other pain| | killing agents to do a fast and thor- | |ough job of reiieving aches, pains | patents. Aspirub is a white, stainless, anti-| septic ointment—it is powerful. trating_and harmless. It is th W _THE SUNDAY STAR, WASHINGTON, D. C, OCTOBER 4, 1936—PART ONE. FRENCH TARIFF CUT AIDS TRADEOF U. First Step in Abandonment of 'Restrictive Policies Seen by Economists. By the Associated Press. A boost in PFranco-American trade was forecast by State Department of- ficials yesterday as a result of the French government's reduction of cus- toms duties on imports. Even more important to administra- | tion economists, however, was their | interpretation of the French move as | the first step toward abandonment of France's long-time foreign trade re- strictive policies. One spokesman said France now appears to have aligned herself with the United States and Great Britain behind the principle that a restora- | tion of the flow of foreign commerce guests. anteed sagless construction, beautiful 2-tone tapestry. | external sensation for torturing joint | pains and muscular aches and soreness. Its success in the speedy relief of chest | lcolds. lumbago. backache. stiff sore feet is amazing. 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Officials said the tariff reductions would offset a ten- dency toward rising prices. Officials noted the French move in- cluded no change in the present im- port quotas. Elimination of these, they said, would be of much greater significance than duty reductions, (The ministry of national economy in Paris yesterday established a spe- cial committee for customs revision after announcing a reduction in du- ties up to 20 per cent. Effective Oc- tober 10 the reductions would amount to 20 per cent on raw products, 17 per cent on partly manufactured and 15 per cent on certain classes of manufactured articles). Officials here said all American ex- ports to France would benefit, but the imum advantage would accrue to 2-Pc. Moderne Living Room Suite This modern suite, with its wide arms, comfortable upholstering, modern design ond cheerful tapestry covering, will win the plaudits of your family and Includes sofa and chair to match. Guor- Covered all over in a Use the J. L. 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