Evening Star Newspaper, October 13, 1936, Page 1

WEATHER. (U. 8, Weather Bureau Forecast.) Generally fair tonight and tomarrow; not much change in temperature; gentle to moderate winds, mostly easterly. Tem- peratures—Highest, 73, at 3 p.m, yester- day; lowest, 48, at 7 a.m. today. Full report on page A-7. Closing New York Markets, Page 18 84th YEAR. No. 33,768. GOV. LANDON GIVES WORKERSWARNING ON FALSE FRIENDS Lauds Gompers for Keeping Organized Labor Out of Party Politics. RIGHT TO ORGANIZE SUPPORTED IN TOLEDO Government's Duty to Protect Freedom Is Pronounced. Deplores Split. (Landon’s Speeches, Page A-8.) By the Associated Press. TOLEDO, Ohio, October 13.—Gov. Alf M. Landon, addressing Ohio’s labor vote in this railroad center, said today that “labor today has its false friends” who in other nations ®have already betrayed the men and Women who work.” Praising Samuel Gompers, organizer bt the American Federation of Labor, for keeping “organized labor from be- ing - destroyed by its socialistic enemies,” the Republican presidential nominee said “His wisdom kept or- ganized labor from the great tempta- tion to participate in party politics.” The Republican candidate’s speech here closed his personal campaign for ©Ohio’s 26 electoral votes. Backs Right to Organize. “I am absolutely opposed to any infringement on the rights of labor to organize and any curtailment of the right of freedom of assembly,” the Governor said as he addressed a crowd in a local theater. “It is the Government's duty to pro- tect labor and the people in these Tights. “I, for one, am sorry to see the re- cent split in the ranks of labor and hope it will be speedily healed. The great gains made by labor through its organizations are in danger so long as this division exists. Here again unity 1s requisite for progress and achieve- ment.” “‘Organized labor,” the Kansan said, *in the 50 years of its experience, has made a distinct contribution to our American life. It has achieved pro- gressive reforms for the welfare of working men and women through evo- lutionary rather than revolutionary processes. “Workmen's compensation benefits, industrial accident insurance, child labor laws, minimum wage laws, the right of collective bargaining, relief from the abuse of injunctions, reduc- Rion of hours of labor—there are among the improvements gained for the work- ing people largely through the efforts of their organizations. Promises to End Abuses. ‘Gov. Landon, making his first Mich- igan campaign thrust, said earlier that if elected he would solve the relief problem and end New Deal po- litical “abuses.” Concluding a three-day Ohio drive, the Republican presidential candidate eped toward Detroit for the third major address on his Lake States tour and conferences with Henry Ford, ‘Edsel Ford and other political and in- dlustrial leaders. His speech, to be nationally broad- cast from Navin Field tonight, was ex- pected to deal with “freedom of en- terprise” in American business. At Sandusky, first Ohio stop today, Landon re-emphasized the keynote of his Cleveland relief address last night—that relief money “must go to those in need and not to the spoils- men who take advantage of their dis- tress.” No More Votes for Bread. Presenting his relief program at Cleveland, Landon told a throng that overflowed the 15,000-capacity public suditorium: “I am dedicated to the proposition that henceforth no American citizen will ever again be put in the position where he has to sell his vote for bread.” Landon said this was “a broad out line” of the Republican relief pro- | gram: “Get rid of waste, extravagance and politics in the administration of Telief. . “This first step in building an in- telligent system for handling relief is to find out the faces. “The Republican party, as a major reform, proposes to return the admin- istration of relief to the States. It will then be possible for the commu- nities themselves to determine just what form the relief should take.” “The Federal Government must continue to give financial aid through the States. We intend to establish a Entered as second class matter post office, Washington, D. C. Baltimore Detective Con- fers With County Prosecutor. BACKGROUND— Corinna Loring, public stenogra- pher, Mount Rainier Sunday School teacher and flancee of Richard Tear, St. Elizabeth’s Hospital at- tendant, disappeared shortly before she was to have been married last November. Her garroted body fJound a few days later five blocks from her home on a lonely ridge. Mystery of her murder remains un- solved. No indictments were re- turned after a grand jury probe last April. Py & Staff Correspondent o1 The Star. UPPER MARLBORO, Md., October 13.—New evidence in the Corinna Lor- ing murder case will be presented to the Prince Georges County grand jury, in session here, it was learned today as investigators gathered outside the hearing room. Lieut. Joseph Itzel, Baltimore detec- | tive, who has led investigation, ad- mitted new information on the case has been gathered recently. Accom- panied by Detective Sergt. Leo Vogel- sang, Itzel conferred with State's At- torney Alan Bowie this morning. Asked directly whether he thought an indictment might be obtained, Itzel replied he did not know. He freely admitted, however, that new evidence, including some statements, would be presented to the jury. Ques- tioned earlier, Bowie had told report- ers that he was “not sure” whether the case would go before the jury. Also present in the local court house was Eugene Plumer, chief of the | Mount Rainier police, who led the sarly | investigation of the crime. Plumer PRESIDENT RAPS GOSPEL OF FEAR Wichita Told Americans Not Frightened by Bed- time Stories. (Tezt of Roosevelt Speech, A-6.) By the Associated Press. WICHITA, Kans., October 13.—De- nying his administration was encour- aging “class distinctions,” President Roosevelt declared in the home State of Gov. Alf M. Landon today that Republican leaders were telling “politi- cal bedtime stories” in making such charges against the New Deal. Sitting in an open car s & micro- phone was held before him, the Chief Executive addressed a throng in Law- rence Stadium which filled to capacity its 10,000 seats and flowed far out on the fleld. ‘The President was loudly cheered on & 15-block automobile drive to the stadium through streets jammed with people. More than 20 minutes was devoted to an informal reception for the Presi- dent by Kansas Democratic leaders at the railroad station after the Roose- velt train arrived. The speech was the first formal one in the Sunflower State where the President was making eight talks in all before going to Kansas City, Mo, this evening for another address. As the President drove the mile route from the depot out over the big Arkansas River to the Kansas Dia- mond Jubilee Exposition grounds, some straw hats sailed out of win- dows from which scores applauded. One sign held aloft along the way said, “Independence, Kans., Landon’s home town, votes for Roosevelt.” Change in Conditions. The President was introduced by Senator McGill, Democrat, of Kansas and then prefaced his prepared re- marks by saying, “After four years things have changed a good deal.” “Every four years,” he added, still speaking extemporaneously, “there’s a { knockdown, Kilkenny fight, but we get over it the day after election.” Loud “noes” followed his question- ing whether there was a farmer in the audience “who wanted to go back to (See PRESIDENT, Page A-5) EDWARD PLANS TRIP LONDON, October 13 (#).—Sand- system of Federal grants-in-aid to the | ringham House, where the late King States.” NEW PARKING BANS IN DOWNTOWN AREA Commissioners’ Orders Affect 11 Streets During Morning Rush Hours. Prohibition of parking of commer- ‘gial vehicles on 11 downtown streets between 8 and 9 am. even for pur- gestion during the early rush hours. ‘The streets on which stopping of commercial vehicles during the morn- hour is now barred are: side of Pennsylvania avenue, Beventeenth to Twenty-second H th side of H street, from to Eighteenth streets; 1 street, from Eighteenth Thirteenth streets: street, from Connecticut avenue George died January 20, is being pre- pared for the return of its new mas- ter, King Edward VIIL The King, on his first visit to the estate in Norfolk since his father's death, is expected to arrive there next week and stay a week. Municipal and provincial officials : south side of K | predicted the death list would steadily to | increase as recession of flood waters, Thirteenth street; west side of Con- |brought by the typhoon's rains, permits relief workers to-search 654 Still Missing he ‘WITH SUNDAY MORNING EDITION bening Star WASHINGTON, D. C, TUESDAY, OCTOBER 13, 1936—THIRTY-EIGHT PAGES. New Evidence in Loring Case To Be Presented Grand Jury ° CORINNA LORING. also said he planned to confer with Bowie. Miss Loring was found murdered on Saddleback Ridge, near her Mount Rainier home, early last November, on the eve of her marriage to Richard Tear, St. Elizabeth’s Hdspital attend- ant. Although the grand jury con- sidered the case at its last session, no indictments were returned. At no time since the crime have any murder charges been placed against numerous suspects. Little has been said about the case by investigators in recent months. Court house observers, however, have prophesied that the jury again would | Personal consider the crime. Just when the jury will hear the evidence was un- determined today, although it was known that the investigators would g0 before the group within several days. HITLER PROTESTS INSULT'IN FRANCE Quick Explanation Expected on Thorez Statements at Strasbourg. BACKGROUND— Government of Premier Leon Blum of France, came into power with support of Communist party, but since elections in May there has been a widening gulf detween this and other radical elements supporting cabinet, evidenced by growth of occupational strikes. Communist meetings held throughoui Alsace-Lorraine Saturs day under restriction from Paris that hot more than 10 were to be conducted. 85 the Assoclated Press. PARIS, October 13.—The German Embassy announced today an official protest had been delivered to France against a Communist “insult” to Reichsfuehrer Adolf Hitler. ‘The German Charge d'Affaires made an “oral” protest, the embassy de- clared, to a French foreign office of- ficial concerning alleged statements during a speech at Strasbourg by Maurice Thorez, secretary general of the French Communist party. The French official was declared to have promised to transmit the Nazi objection to Premier Leon Blum and Foreign Minister Yvon Delbos. The German Embassy asserted it expected an early response from the French government. Locarno Move Seen. In official quarters an accusation was made that Germany might be seeking an excuse to block the new Locarno conference in “magnifying” the alleged Communist insults against Hitler. . Declaring words such as those ‘Thorez used were employed every day by Communists the world over, officials said the German protest might be the first move in a German campaign to escape attending the new conference to work out & new security system for ‘Western Europe. The Nasi action coincided with the arrival in Paris of Maxim Litvinoff, Russian commissar for foreign affairs, (See GERMAN, Page A-2.) Sir Godfrey Collins Dies. LONDON, October = 13 (P)—Sir Godfrey P. Collins, 61, secretary of state for Scotland since 1932, died to- day in Zurich, Switzerland, where he became ill during a holiday. He was & member of the House of Commons since 1910. R in Typhoon Which Swept Island of Luzon By the Assoctated Press. MANILA, P. I, October 13.—An of- ficial tabulation today placed the LANDON'S CHANGES IN IDAHO HINGE ONBORAH SUPPORT State Held Sure for Roose- velt Unless Senator Urges Vote for Kansan. “LONE WOLF” IS SILENT ON NOMINEE OF G. 0. P. 30,000 Lead for President Is Seen Likely Despite Hard Work by Republicans. BY G. GOULD LINCOLN, Staft Correspondent of The Star. BOISE, Idaho, October 13.—“The Big Potato State” is thinking of Franklin Delano Roosevelt as just an- other “Old Potato” (a term of appro- bation in 1932). There seems no doubt that Idaho will.go for Roosevelt on election day— or very little doubt—unless something happens in the next three weeks to materially change sentiment. The State's four electoral votes otherwise are lost to Gov. Landon, the Repub- lican candidate for President. One thing that might have a great influence on the outcome in Idaho and in other States of the West—the indorsement of Landon by Senator William E. Borah—apparently is not going to happen. Borah, the lone wolf Republican nominee to succeed himself, is silent about Lan- don. He probably will remain so until the end of the campaign. He reserves, of course, the right to change his mind and go into the fight for Landon. At present Borah is making Repub- lican speeches. Like Landon, he is denouncing the reciprocal agreements which the Roosevelt administration has made with Canada &nd foreign nations, which he claims are injuring the American farmer and stock raisers. Like Landon he is denouncing New Deal efforts to evade the Constitution of the United States and to break down the dual system of government, creat- ing vaster and vaster powers In a centralized government in Washington. Like Landon, he defends the Supreme Court and its right to pass upon the constitutionality of laws passed by Congress. In that respect Borah is going along with the Republican national cam- paign. But he is saying nothing about the Republican national ticket, At the same time, he has no intention of joining forces with Roosevelt. Effort after effort has been made by Re- publican leaders to get the veteran Republican Progressive, who wields & great influence with the independent voters of the West, to come out openly for Landon. Just one speech—if no more—they plead. Such a plea was| made to him personally by leading Republicans from a nearby State only yeésterday. But he is turning a deaf ear. In a speech to Lemke-for-President (See LINCOLN, Page A-5.) Ends Leg of Flight. SYDNEY, Australia, October 13 (#). ~Jean Batten arrived here today from Long Reach, New South Wales, on her attempt to set a new air flight record between England and New Zea- land. Summary of Sports ‘Woman's Pg..B-12 2000 HELD SLAIN IN OVIEDO BATTLE Loyalists Killed, but Insur- gents at Jerez Are in Extreme Danger. BULLETIN. BURGOS, Spain, October 13 (#). —Headquarters of the Spanish in- surgent armies announced today it had flatly refused an offer from “several” Madrid government lead- ers for the surrender of the capital. BY the Associated Press. RABAT, French Morocco, October 13.—Insurgent radio broadcasts re- ported today 2,000 government troops were killed in battles on the Oviedo front in Northwestern Spain. ‘The station at Jerez, however ac- knowledged insurgents in the Bay of Biscay City were in extreme danger. It declared a rescue column was rush- ing to Oviedo to combat Socialist militia encirling the Fascist garrison. (Government reports from Madrid declared a bomb squad led by dyna- mite-throwing Asturian miners had conquered four-fifths of the city after a charge and artillery barrage.) The announcer at Seville declared many government militiamen were wounded and captured beside the 2,000 killed in a PFascist atiack. Senora Manuel Azana, wife of the Spanish President, and Jose Pereira Giral, minister without portfolio in the Madrid cabinet, boarded the Ar- gentine cruiser 25 Mayo, the Jerez announcer said. The insurgent high com@lnd at (See SPAIN, Page A-2.) Today’s Star Marital status law gets Supreme Court tacit approval. Page B-1 Supreme Court defended and criti- cized in legal forum. Page A-7 Montgomery drives against importa- tion of District liquor. Page A-7 | Court hearing on Washington milk President scores Republican “Bedtime" stories in Wichita talk. Page A-1 Landon, opening Michigan drive, promises relief solution. Page A-1 Roosevelt invades Gov. Landon's home State. Page A-1 Virginians cheer and heckle Knox in Richmond. Page A-3 Gov. Curley confident of Massachu- setts Senate victory. Page A-4 Ex-Virginia State Senator ‘-Ilfll Jef- fersonian Democrats. Page A-6 Robinson mourns loss of Smith's sup- port. Page A-9 NATIONAL. Conference, but no compromise seen in labor split. Page A-1 treatment. Page A-1 New gold bloc established to benefit . world ttade. Page A-1 Prospects of peace in organized labor war. Page A-1 T. V. A. accused of coercing Jackson titical rally. Supreme Court will hear New Deal law arguments. Page A-3 New Bolivian Minister links economics with peace. Page A4 Lady Astor says world freedom rests on U. 8. and England. Page A-6 FOREIGN. g, Spanish Loyalists in counter-attacks near Madrid. Page A-1 Hitler protests “insult” by French Communists. Page A-1 Typhoon death toll mounts to more than 400. Page A-1 Army and navy present Hirota de- mands. Page A-3 Manchukuo accuses Russians in bor- der deaths. Page A-8 WASHINGTON AND VICINITY. sumccmmuhdtonl-onp‘u; agreement continues. Page B-1 Cate sisters find success despite un- lucky date. Page B-1 Next people’s counsel may have double duty. Page B-1 Budget Bureau hearings on training school merger. Page B-1 Effect of one-man car shift is dis- Pputed. Page B-1 U. 8. claims milk agreement protects farmers. Page B-1 Federal American Bank to pay divi- dend early in 1937. Page B-1 Dearth of jobs for youth of today is cited. Page B-1 Engineers ask separate public works department. Page B-1 EDITORIAL AND COMMENT. Alice Longworth. Page A-2 This and That. Page A-10 Answers to Questions. Page A-10 Stars, Men and Atoms. Page A-10 David Lawrence. Page A-11 Paul Mallon. Page A-11 Mark Sullivan. Page A-11 Jay Pranklin. Page A-11 Headline Folk. Page A-11 SPORTS. _ Vengeful C. U. team pointing for De Paul game. Page A-14 Sectional tilts mark foot ball card for Saturday. Page A-14 G. W. eleven set to match tack of Arkansas. passing at- Page A-14 Keegin becomes regular as Hoyas lose Ferrara. Page A-14 Coin harvest seen for U. 8. college grid teams. Page A-15 District pro ring seeking homebred talent. . PageA-15 FINANCIAL. Corporate bonds gain (table). Page A-17 D. C. power total soars. Page A-18 Stocks at new S5-year peaks (table). Page A-18 Metals rise on Curb (table), Page A-19 climbs. Page A-19 Page A-2 Page A-9 Page B-1 Page B-10 Page B-10 Page B-12 B-12 ; g B-14 8% AUNTIE, NOW THAT AL’S FLEW THE COOP OME A e CME e Supreme Court Is Asked to Rule On District Tax Personal Property Levy Held Invalid in Plea. The Supreme Court today was asked to decide whether the District per- tutional because it exempts cabinet officers and members of Congress. The request for the ruling was made by William Cogger, Washington attor- ney, who had been ordered by the Dis- trict Court to file & schedule of his personal property for taxation pur- poses in accordance with the law. | Hundreds of similar cases, insti- | tuted by the District Commissioners to | compel the filing of delinquent tax returns will be controlled by the de- | cision in this case. ‘When the suit was first filed against him, Cogger protested that it should be dismissed because the taxing statute valid. The trial court, however, ruled (See TAXES, Page A-3) COMPROMISE HOPE DIM FOR LABOR Lewis and Green Indicate Firm Stand in Spite of Conferences. BY JOHN C. HENRY. Conferences, but no compromise, was the picture looming in labor ranks today as both the Committee for Industrial Organization dnd the Exec- utive Council of the American Federa- tion of Labor prepared to name rep- resentatives to discuss their split. Although John L. Lewis, chairman of the C. I. O, is awaiting formal notification of the council’s action yesterday in voting to participate in “peace” discussions, a source close to the militant leader disclosed that he will agree to name a conference group. Such a committee, however, will be under specific instruction to insist upon the C. I. O. program of indus- trial organization of certain mass pro- duction industries. On the other side, President Wil- liain Green of the A. F. of L. em- phasized last night that confgrees for the council will be empowered to make no concessions and will enter any discussion of the situation “with- out commitments or stipulations.” ‘Little Room for Peace. With the C. L O. insistent upon its organization program and the council of necessity just as firmly opposed to this disregard of craft union lines, there obviously is little room for com- promise. As this situation continues, it also hecomes obvious that the success or failure of the C. I. O. attempts to or- ganize the steel, rubber and automo- bile industries hold the real key to the outcome of the division in labor's ranks. If the C. I O. fails in its (See A. F. OF L, Page A-5.) sonal property tax law is unconsti- | was discriminatory and therefore in- | MRV BOARD ASKSSTRHEDELAY Appeals to Operators and Unions for Peace Pend- ing Inquiry. | By the Assoctated Press. Moving to avert a threatened Pa- cific Coast water front strike, the Maritime Commission today requested | ship operators and maritime unions | to continue operating under agree- ments now in effect until the com- mission could complete an investi- gation. At the same time the commission announced Rear Admiral Harry G. Hamlet would proceed to San Fran- cisco tomorrow “to carry on the in- vestigation on the ground.” “In the meantime and until such determination,” the commission said, “both the ship operators and the maritime unions not only are re- quested, but they are also expected, to continue operating under agree- ments now in force. They are re- minded that the first obligation of each of them in this emergency is to the public.” The commission acted with oply 36 hours remaining before the expi- ration of a 15-day truce arranged while negotiations designed to settle the West Coast dispute, involving 37,- 000 workers, were proceeding. Hamlet recently was offered mem- bership on the commission by Presi- dent Roosevelt, but did not qualify because he had not yet retired from the Coast Guard. The commission said he would be followed to San Francisco immedi- ately by additional representatives.” The comission called reporters into its offices after an all-morning conference. Previously extended conferences had (See MARITIME, Page A-2.) COLDER WEATHER ARRIVES IN CAPTIAL Heavy Frost Fails to Arrive, but Temperature Is 10 Degrees Lower. Today's temperatures were run- ning almost 10 degrees below yester- day’s to bear out the forecaster's pre- diction of “much colder” weather for the Capital. The Weather Bureau went astray, however, when it predicted heavy frost and near-freezing tempera- tures this morning. As far as could be learned, the frost did not materialize in the Washing- ton area, mor did the mercury sink as low as expected, the minimum being 48 at 7 am. This was not the lowest tempera- ture experienced here this Fall, the mercury having dropped to 45 Octo- ber 4. At 9:30 today the mercury was 54, 9 degrees lower. than at the same hour yesterday. Yesterday's mini- mum was 51 at 2:45 am. The maxi- mum yesterday was 73. The official forecast for the District is generally fair tonight and Wednes- day, with not much change in tem- perature. Story in Star Launches Hunt For White House Corner Stone Government officials today ob- served the 144th anniversary of the laying of the corner stone of - the White House by launching an in- tensive hunt for the historic marker i effort to restore it was made during into the location of the corner stone was precipitated by a White House visitor, George B. Hedges of 668 Mary- land avenue northeast, a retired em- ploye of the Government Printing , who questioned guards ‘without The only evening in Washington wit! Associated Press News and Wirephoto Services. Yesterday’s Circulation, (Some returns not yet received.) (P Means Associated Press. aper the 138,345 TWO _ CENTS. GOLD AGREENENT TOBOLSTERTRADE FFECTE TODAY Three-Power Pact Designed to Curb Speculation and Stabilize Money. EXPECT OTHER NATIONS TO JOIN IN MOVEMENT, Great Britain and France Also . Enforce New Ruling With United States. BACKGROUND— International currency stabiliza- tion as a forerunner of exchange and trade stabilization has been a world hope since 1933, when the London Ecomomic Conference, called to eflect stabilization, col- lapsed. The first step forward came 18 days ago when the United States and Great Britain agreed with France to protect the franc should it be devaluated, which it was. Some European capitals felt that this accord would break down in competition between the dollar and pound sterling. Yesterday's move eliminated this competition, but still is not yet “the final pattern of the picture” of stabilization, Py the Associated Press. Declaring that its aim was more normal trade relations, the United States Government today put into effect what Secretary of the Morgenthau termed “a new kind of gold standard.” Great Britain and France took similar action as the result of a three- power agreement. Officials here said the pact was designed to curb cure rency speculation, put a check-rein on exchange fluctuations and estabe lish a free movement of gold among the three governments. Other nations were invited to join the new “gold bloc’ and some Gove ernment economists predicted it might spread within a few weeks to a large part of the world. The understanding provided that the stabilization funds of the three governments would exchange gold with each other, buying or selling as the occasion arises. Gold can no longer be exported from the United States by individuals, nor can it be purchased by nations not a party to the agreement. Other Nations Act. About the time the accord was bee ing announced, trade and money ree lations also were the subject of pro= nouncements in other nations. Tokio disclosed that Japan stands ready to attend any international economie conference which aims to stabilize currencies and wipe out trade barriers, A Hitler lieutenant warned that Gere many might be forced into an intere national trade war if her lost colonies were not returned. ‘While the Franco-British-American accord did not establish fixed ratios between the three currencies, Morgenthau said he regarded it as a long “second step” toward ultimate stabilization. The first step was taken September 25, when the same three nations made a “gentlemen’s agreement” to coe operate in steadying the exchanges while France devalued her currency. Morgenthau characterized the first understanding as a ‘“complete suce cess.” He noted that seven other na- tions had followed France in devalua-~ tion, in some cases simultaneously easing their tariffs and other trade restrictions. The Secretary said today's agreee ment would have virtually no direct effect on “the man in the street,” be- cause it will not influence the internal value of the dollar. Immediate Results. Immediate results, he said, would be felt only by two groups: 1. Professional currency speculators, who will no longer be able to influence the market by shifting gold from one country to another. 2. Business men buying and selling abroad, who will be relieved of the risk of violent exchange fluctuations. Previously gold could be exported by any individual or firm which obe tained a license from the Governe ment. Under the new arrangement, gold will be sold only by the Federal Reserve Bank of New York, acting as the Government's fiscal agent. Its only customers will be the sta- bilization funds of Great Britain and Prance—or of any other nation which subsequently may join the agreement. Price of gold today is $35 per fine ounce plus one-fourth per cent handling charge. This price may be changed, if necessary to protect the internal value of the dollar, but Mor- genthau indicated that such a shift was considered highly improbable. Gold prices may be changed, or the agreement terminated by any of the three nations on 24 hours’ notice. Further Out of Trade. Today’s arrangement removes gold still further from ordinary commers cial transactions, Government econo= mists observed. Under the new agreement, it is re- moved from ordinary internationa) business, and becomes, in effect, simply a kind of counter for use in bookkeeping between governments. Commenting on the new move, Morgenthau said: “The level of foreign exchange as between the United States, Great Britain and France may be thougnt of as a triangular plane. Each rore ner rests on the foundation of & The | Stabilization fund. (A fund set up ight g L i i i | £ |