Evening Star Newspaper, November 15, 1936, Page 38

R—16 BOOMING BUSINESS CHEERS FILIPINOS Quezon’s Administration Wins Confidence of Peo- ple and Foreigners. BY JAMES G. WINGO. Celebrating its first anniversary to- day, the Philippine Commonwealth looks back on a year of considerable achievement. President Manuel Luis Quezon’s administration has won the confidence not only of the Filipinos but also of Americans and foreigners in the islands. As a result of that confidence, busi- ness is unusually active. Three stock exchanges have been established; a real estate boom and a gold-stock boom have been in progress in Manila for several months; new industries are being established, and mining con- tinues to be exploited. The regular industries, sugar, coco- nut, tobacco and hemp, also have had a good year. As a result of the Roose- velt administration’s raising the price of gold from $20.67 to $35 an ounce | and the mines increasing their pro- duction, the value of the Philippine | gold output jumped from $5,700,000 in 1933 to $15,600,000 in 1935. John W. Haussermann, “Gold King of the Phil- ippines,” stated that the 1936 gold out- put will be well over $24,000,000 and that the only Philippine exports now more important than gold are sugar and coconut. ‘The economic upswing in all parts of the world helped tremendously to give the new commonwealth a good start. The average Filipino has much more ready cash than ever before. ‘The payment of A. A. A. sugar bene- fits, amounting to almost $15,000,000; the Philippine World War veterans’ share of the bonus paid out by the United States, amounting to $4,000,- | 000; Spanish capital marooned in Manila by the Spanish revolution, and the readiness of the Japanese, Chi- nese, English and other foreigners to | invest in Philippine enterprises have raised stock values. Values of the | shares of most gold mining companies | gquadrupled in the past year. | The banks have much money, and the interest rate is low. Even Fili- pinos, who heretofore had been far behind foreigners in the investment field, are organizing various corpora- tions for the exploitation of the vast | natural resources of the Philippines. | Observers credit the apparent pros- perity in the islands to the settlement | for the time being of the independence | question. Investors now know what| to expect, it is said. Outstanding achievement of the Quezon administration in its first year | is the establishment of the Philippine | army and a universal military service\ program. Maj. Gen. Douglas Mac-‘ Arthur is mainly responsible for the | organization of the Philippine national defense forces. ‘Thousands of Filipinos are now be- — I " o i h,,fi ‘ ing trained how to handle arms in schools and citizens’ training camps. Recently the Philippine army received & shipment of 25,000 service rifies, purchased from the United States Gov- ernment at $8 each. These rifles were originally bought from England by the United States during the World War. President Quezon, in the past year, reorganized the government and main- tained a balanced budget. With the payment of $30,000,000 in excise tax collections on Philippine coconut oil in the United States, the Quezon gov- ernment will have no difficulty in meeting next year's largest appropria- tion. Eradication of banditry in Central Luzon and Moroland, dismissals and suspensions of erring and inefficient government officials and employes, preparation of data for the forthcom- ing United States-Philippine trade conference, prompt cancellation of illegal oil leases and establishment of a minimum monthly wage of $15 for government workers, were among the noteworthy accomplishments of the Quezon administration in the first year of the commonwealth. ‘There are, however, certain offsets. President Quezon is occupied with the radicalism problem as the new govern= ment begins its second year. The fre- quency of terrorisms in various parts of the nrchlpellgo has frightened the people. In the provinces schools and churches have been burned. Communism is said | to be thriving in many cities and towns and the people are alarmed. The situation will not change until the commonwealth authorities can remedy the apparent lack of men with enough ability and experience to han- dle such subversive activities. Another difficulty is seen resulting from President Quezon's failure to cancel illegal leases held by Japanese in Davao. The number of Japanese there has been variously estimated from 20,000 to 30,000. Early last Spring Smart, New RIMLESS FRAME Beautifully finished with the new, high ear pieces. Regularly s $7.50 KRYPTOK LENSES Invisible Bifocal One pair to 6'95 see far and near $12 Value Cylindrical or Tinted Not Included THE SUNDAY. STAR, WASHINGTON, fer with the Japanese. Yoshizo Furu- kawa, owner of Davao's largest plan- tation, warned him, “The Davao ques- tion should be left alone.” The Tokio foreign office also promptly expressed the hope that the Philippine govern- ment would recognize and respect Japanese vested interests, inasmuch as 1,000 natives of Japan had died in Davao “attempting to develop the country and fighting the savage abo- rigines” and millions of Japanese yen had been invested there. After feasts, speeches and inspec- tions Quezon left Davao without an- nouncing any solution to the Davao problem. He has not said anything publicly about Davao ever since. Fili- pinos feel that the Japanese are in Davao to stay. President Quezon is, for practical purposes, political dictator of the Philippines. Explanation for his ac- quisition of immense powers, in addi- tion to what has been already gener- ously granted by the commonwealth constitution, is that a young country needs a strong chief executive. BENEFIT ARRANGED Will Be Held Thanksgiving for Poor Jewish Families. A benefit ball to raise money for the Hebrew Orphans’ Home and pro= vide poor Jewish families with Passe over Matsohs will be held by the Kolker Progressive Society on Thanks= | giving night at the Almas Temple. David Ehrlick is chairman of the Committee on Arrangements. He will be assisted by the officers of the society, Samuel Kolker, president; Mrs. J. Paregol, secretary, and B. Bronstein, treasurer. Mrs. V. Sher is in charge of tickets. Complete Name of Court. The full name of the World Court is the Permanent Court of Interna- | President Quezon went south to con- | tional Justice. 29 YEARS EXGLUS PRESERVE YOUR SIGHT ELY OPTICAL Eye-Strain Headaches Positively Relieved attention given nl & Dr. A. Personal nations by The Shah Optical Co. OCULIST PRESCRIPTIONS 812 F St. N.W. ACCURATELY FILLED Established 25 Years We offer to the people of greater Washington, as in the past, the advantages of savings on nationally known and advertised pianos .through— Be among the many Jordan Christmas Savings Piano Club members Christmas morning. could be What brighter than having the ‘ lasting gift of « piano on this com- ing glorious Christ- mas day. -Come in —let us tell you more about our club. Group buying and placing orders in advance have caused savings which we are pass- ing on to you. These lower prices enable us to give you easier terms on these na- tionally known and advertised pianos. Christmas Savings Club New lowbey eon- SPECIAL Hee 5219 —full keyboard— M. tone — light of Qur store now has on its four floors the larg- est and most beautiful display of modern types FLOORS Stocked Full of . PIANOS pianos they have ever shown. New verti- cal pianos, new studio apartment pianos, new grands, both small and large. Come in—see for yourself — hear for yourself — you will be delighted with the values and the savings —and here’s the CLUB ADVANTAGES Greater Price Savings. Extra Easy Terms. Jordan Club Service. Free Bench or Chair. Free Delivery. Club Exchange Privilege. Larger Trade-in Allowances. —and DELIVERY NO or Ohristmas Eve D. C, NOVEMBER 15 1936—PART ONE e B R e e et B e e e e R BRITAIN TO LAUNCH UNITY CAMPAIGN Extent of Nation's Defensive Power to Be Made Known in Face of World Menace. BY the Associated Press. LONDON, November 14.—The Chamberlain Centenary Committee announced today & campaign to spread the gospel of unity and defense throughout the British Empire;, and to let the world know the extent of Britain’s defensive power in arma- ments, Sir Henry Page-Croft, chairman of the committee, announced the cam- paign would foster an instructed opin- jon on development of the empire and would seek to stimulate interest in the need of unity for defense and trade programs. The committee was named to honor Joseph Chamberlain, father of Chan- cellor of the Exchequer Neville Cham- berlain and Sir Austin Chamberlain, former foreign secretary. The father was an ardent imperialist. “The threat of the great martial powers, with whole populations organ- ized for war and capable of instant action under the orders of dictators, is an ever-present menace to the peace of the world,” Sir Henry said. “What greater deterrent could there be to any country with aggressive in- tention than the knowledge that such an aggressor had not only to meet the defensive might of Britain as expressed in her navy, army and air force, but that behind the by no means negligible powers of this island there existed a great air force in all the dominions and subsidiary forces in all the crown colonies, capable of early action.” Wide extension of luxury taxes is planned in the Philippines. HIGH SCHOOL STUDENTS WILL PRESENT OPERA Roosevelt Group Holding Final Rehearsals of “In 0ld Vienna.” Roosevelt High School reported yes- terday that the cast for its opera, “In Old Vienna,” to be presented next Thursday and Friday uights, i busily at work in fina] rehearsals. The leading solcists, Don Cavalier, Joe Dosh, Wayne Hill, Prances and Jane Davies, Mime -Norton and Bar- bara Carow, were reported “in fine voice.” e | A designing class under Miss Alice McCauley is rushing the costumes, while an advanced class in scene painting including Mary Ellen Mor~ row, Laura Gardner, Thomas Collinge wood, Betty Parsons and Irma Hirsche man has finished the stage sets dee chtml Vienna -truu, & market inn and “gypsy woods.” Ralph Alpher is directing a largs group that will handle scenery and lighting, ——— Business leaders in Japan are proe testing a tax-increase program. ~ SPEND your muey wbere you could not be extravagant if you tried! Go. where the thrifty go. Save whgeerq they save. 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