Evening Star Newspaper, April 28, 1940, Page 3

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Al Week Nightly sfarting May 2nd; D.m. LEAGUE LARGER LIFE 1414 16th St. N.W.__ WELCOME | ¢ | not interested.” E 1N 6 HOURS x_Trot Of mba., Fo% rise’ your d inexpensive Summer V- V'S b til 10 p.m- for for Ve th istere s thel M. Fi : ARTHUR MURRAY STUDIO 1101 Conn. Ave. I s 937 F St. N. W, Elevetor fo 3rd Floor NA. 7988 for information or appointment OUR LADY OF GRACE MAY ALTARS Statues of Our Lady of Grace have been specially reduced for the month of May. Prices now range from 49c for the 8" size to $8.98 for the 33" size—a re- duction of approximately 50%. Catholics are urged to purchase au- thentic religious articles from W. J. Gallery & Co.. 718 11th St. N.W. Visit their shop and look over the seasonable display of First Communion Bets, Bridal Sets. and Gift Articles of Devotion for any Catholic. | Jor roje in this situation despite the | tern appears. The iron industry is | Brazil. Latin American Trade Seen Reshuffled by European War Profit to U. S. Foreseen Even if It Means Early Loss of Some Markets By CARLOS J. VIDELA. NEW YORK, April 27 (N.AN.A). —Under the impact of the European war, a complete reshuffie is taking place in the trade of the United States with Latin America. Behind the hectic scramble for concessions and the fight for new markets, punctuated here by more offers of loans to the Latin countries, there is a movement afoot which has been unobserved in this country yet, but it may portend more than mere commercial orders in the future— the Latin Americans have finally turned to trade among themselves. The fact that Mexico is seeking— and finding—new outlets for her oil in South America; that Argentina is beginning to emerge as a. supplier for Brazil, Peru and Bolivia and to look north and investigate what she can do in Colombia, Venezuela and the Antilles; that the closing of Europe’s doors has opened the eyes of the people in the south to the enormous possibilities for trade and development which they had hith- erto overlooked, means that the Western Hemisphere is entering jupon a new stage in its history, as it did in 1914. Profit for United States. In the long run this process, if the war lasts long enough to let it develop, cannot help but bring a good profit to the United States, even if it means at the beginning the loss of some markets. Let the standard of living in Latin America rise one notch, and the demand for United States products will shoot up. At the present time a great deal of confusion marks the efforts be- ing made in this country to increase trade with the peoples south of the Rio Grande. Some have rushed headlong into proposing that hun- dreds of millions of dollars be lent to our southern neighbors for “cur- rency stabilization” and other fiscal purposes, following the pattern of the $50.000.000 loan made to Brazil early last year. Others have sug- gested steps along the line of the “Inter-American Bank,” which does not seem destined to play any ma- good intentions of official Washing- ton. Hardly had the idea been ad- vanced here when Argentina, which, on paper, was to be one of the major shareholders, bluntly said, “We are Definite Pattern Appears. If certain factors are borne in mind and correlated a definite pat- about to have its beginnings in Argentina is taking steps to develop her sales of corn and meat in Peru, on the west coast of South America. Bolivia, one of the world’s foremost tin producers, finds herself now in a position to shake off to a large degree British domi- nation of her mining. Mexico ap- | pears to have definitely decided to | keep the former American and Brit- ish oil fields. | Taken together, those facts are | more than straws in the wind. | They point concretely to a redistri- | bution of economic, industrial and | financial forces in the Western | Hemisphere. Due to proximity and lower costs Brazilian iron and steel can have a very large market in southern South America, a region of huge and unscratched natural riches, capable of supporting a population larger by tens of millions than the | present one. What that may mean | for railroad and ship building is obvious; and what these railroads and ships—for which there is, now, at this moment, urgent need, as wit- | ness the purchase by Brazil of more than a dozen vessels from the United States—will mean in turn for the development of natural re- sources is obvious also. Argentina Lacks Oil. Despite her increased domestic | production Argentina lacks oil in large amounts. Mexico, which last year signed a contract with Brazil for the supply of $18,000,000 wbrth of oil, can be Argentina’s furnish- er of this commodity once the Mex- ican oil fields swing back into effi- cient management—as President Cardenas, who issued an ultimatum this week to the labor unions con- cerned, is determined that they do— and the tanker problem, disrupted by the war, is solved. This means not only that Mexjcan finances could straighten themselves out but Mexico could be something of an American power, énce her oil sales are organized on a hemisphere-wide basis. This, of course, may mean competition with Venezuela, one of the world’s largest oil producers; and | there is no telling what such a strug- gle might lead to. Bolivia confiscated the property of a large American oil company a couple of years ago and is now op- erating it in close co-operation with Argentina. Expropriation of the ex- tremely rich tin mines is not to be ruled out as impossible. There lies another potential nucleus for a South American economic and financial unit. Tourist to Be Factor, Still another factor has an im- portant bearing on this situation— the “invisibles,” such as tourist ex- penditures. One visit to the docks of New York at sailing time is enough to reveal some interesting sights. Ships that formerly left for the east coast of South Amer- |ica carrying a few forlorn travel- ing salesmen now leave packed with | tourists. 'The lines serving Carib- bean ports—Cuba, Santo Domingo, | Venezuela, Colombia—are doing ex- | cellent business, as are those going | down the West Coast through the Panama Canal. Nelson Rockefeller is now in Caracas, Veneguela, and it is reported that a chain of hotels will result from his visit, to open the country for American tourists. ‘With Europe closed to visitors from this side of the Atlantic, the tourist stream has no other outlet than Latin America. Cognizance has been taken of this fact both by the Washington administration (“Travel America Year”) and by large American interests. A news- paper chain in the United States is advertising extensively in Latin America to promote travel and new business. It would not be an exag- geration to say that hundreds of millions of dollars will be spent by American tourists in those countries, and that this sum can go a long way to solve their exchange prob- lems. The two questions affecting the United States are those of. Mex- ico’s expropriations and Argentine ¢ THE SUNDAY STAR, WASHINGTO! “DECKED WITH SNOW ALONG who calls himself “Daniel Boone. THE BOUGH”—When A. E. Housman wrote of the cherry trees in his native land and.sorrowed that he had only 50 springs left to see them, his poem might well have been dedicated to Washington's own, particularly when the “snow” is the cluster of double blooms which burst forth yesterday. Among those who came to gaze with awe was George Stirl, —Star Staff Photo. Chungking Police Try To Halve Population To Meet Air Raids ‘Unessential’ Residents Due to Move Into the Suburban Areas CHUNGKING, China (Corre- | spondence of the Associated Press) — | Chungking's police are striving | against strong popular opposition to make this wartime capital safer from bombing raids, already re- sumed, which killed several thou- | sand civilians last year. | Because existing air raid shelters | can accommodate fewer than 25,- 000 persons, a police program calls for departure of all “unessential” residents. By the middle of April, however, not more than 50,000 had taken advantage of inducements such as free transportation and 5,000 low-rent houses built in out- lying suburbs. After the seasonal cloud bank set- | tled over the upper Yangtze Valley | last fall Chungking nearly forgot the danger irom the air. Residents | who fled during the air raids flocked back by the tens of thou- sands, shops reopened and the theater and restaurant business boomed. With the springtime lifting of the fog and the approach of the “open season” for bombing, however, the police, spurred by, orders from | i Generalissimo Chaing Kai-shek, stated to enforce a program of compulsory removal of civilians, de- | signed to halve Chungking’s esti- mated wintertime population of 450,000. Japanese warplanes, apparaently operating from bases in Hupeh Province, near Hankow, opened the “bombing season” this week, making several raids on Chungking's out- skirts and towns in Szechwan Prov- ince, including the provincial capi- tal, Chengtu. Chungking was enjoying greater prosperity than at any time since the arrival of the government after the loss of Nanking and Hankow. opposition. Nothing in sight war- rants the thought of Mexico’s set-| tling with the former owners in| the near future on mutually satis- factory. terms. Argentine opposi- tion, on the other hand, is an arti- ficial barrier erected by politicians, on both ends, which can be done away with by businesslike dealing. Once this plug is removed, Amer- ican trade with South America in general is sure to spurt. Sold, Serviced and Guaranteed by . . L. P, Steuart & Bro, INCORPORATED 139 12th St. NE. Lincoln 4300 cities in West China, however, the police started to crack down. Uniformed squads went house to house examining the domi- | cile permits required of all residents and canceled the papers of all civilians who could not prove that their presence in the city was in- dispensable. Merchants who re- fused to move their families and their shops to the suburbs had their street doors boarded up by the police. Republican Women Of Maryland to Meet The Federation of Republican Women of Maryland will hold its spring meeting tomorrow in the Alexander Hotel, Hagerstown, Mrs. Margaret Townsend, Riverdale, of the Prince Georges County unit, has announced. Mrs. Grace Reynolds, Republican from | | | 'HARD OF HEARING? | The New Model 41 Vacuum Tube | After the sounding of the first alrj national commltleewomanlrrum In- id al f nearby | diana, will be the principal speaker, Tens.armaofyihe yeasiin ] and Mrs. Eva Chase, State chair- | man, will preside. Year—French. vanilly ice trawberry sher. atr ! bet fller: topped d with whi eream and fresh strawberries. - RADIOEAR 1—Has no carbon noise. 2—Reproduces tones accurately and enables one to hear clearly at a distance 3—Is very small and light. 4—1Is easily concealed. Come in—try it—compare it with your former experiences with hearing aids Radioear Washington Co. 702 National Press Building i " 14th and F Sts. N.W. Phone DI. 2054 DOLLARS... ¢AN BECOME ffout MAGIC CARPET! IT OPENS A CHECKING ACCOUNT AT —# Gty Bark NO MINIMUM Balance Required on our metered service plan six eonvenient locations 10th & Pa. Ave. NW. @ 3401 Conn. Ave. N.W. 3608 Ga. Ave. NW. ©® 8th and G Sts. SE. Oth & Mass. Ave NW. @ 9th & E. Capitel Sts. member federal deposit insurance corporatien A | ‘D, C, APRIL 28, 1940—PART Polifical Despoiling OfL.S. U.IsTold in Report of Audit New Administration Has Wiped Out Deficit And Has $75,000 Surplus By the Associated Press. BATON ROUGE, La., April 27— The story of the political despoiling of Louisiana State University, which led to the downfall of the Huey Long dynasty, was unfolded today in the first comprehensive public report on L. 8. U.'s tangled affairs. A State audit for the fiscal year ended June 30, 1939, shawed the practices which left the school on that date with more than $2,000,000 squandered and a $600,000 deficit. Revelations of Audit. ‘These are some of the recitals studding the audit: George Heidelberg, in charge of the student employment office, com- mitted suicide the day after ques~ tioning concerning student pay rolls. Subsequently, records in his office could not be found.. L. 8. U. paid a professor for teach- ing extension courses in another State, Mississippi. A former mem- ber of the university’s Board of Supervisors still owes the school $300 for a radio. Dr. James Monroe Smith, former president now serving a long prison term imposed when he admitted forging a dead State Governor's| name on university bonds, kept the school's group insurance dividends and maintained a life insurance policy from the university cash till. An artist was paid $2,500 as “visit- ing professor”; but the sum really represented a commission for paint- ing the late Huey Long’s portrait. Deficit Wiped Out. Under new administrators, the deficit has been wiped out and audi- tors said L. S. U. would end Lhe‘ current fiscal year with approxi- | mately $75,000 working capital. | Example of savings shown under | the new system: The year's supply of soap for co-ed dormitories is bought for $2,000 less, at wholesale, | than before, at retail | Gov. Earl K. Long, brother of the | slain Huey, has declined to partici- | pate in the May 14 inauguration of Gov.-Elect Sam H. Jones. He ex- | pressed appreciation of an invita-} tion, but said “something, might | arise which might ve embarrassing | to me and Gov. Jones.” © CLEANED ® REGULATED g HAIR SPRING ADJUSTED ® DEMAGNI- TIZED ® GUARANTEED ONE YEAR Bring This Coupon To Get } skilled watchmakers to serve you. Indiana House Member Talks to Sigma Nu Phi Problems facing the country were | discussed last night in an “off the| record” speech by Representative | John W. Boehne, jr., of Indiana, at | the annual initiation banquet of the | Oliver Wendell Holmes Chapter of Sigma Nu Phi, international legal fraternity. The banquet was held at the Continental Hotel. James L. Whittaker was toastmaster. | Prior to the banquet, an executive | meeting was held at which the fol- | lowing new members were initiated: | Robert B. Power, Elmer H, Amund- son, Francis M. Divilio, Theodore G. | Craver, Theodore 8. Cuttitts, Henry R. Kempka, Thomas A. McDonald, Frederick K. Renner, Wilfred J. Serpas, Alex S. Ward and Glenn | ‘Wimer. Yacht From Baltimore Surprises Yugoslavia By the Associated Press. DUBROVNIK, Yugoslavia.—Yugo- slav newspapers treated as an im- portant—and surprising—event the arrival of an American yacht at the little port of Pirovac. | Willlam Shirley of Baltimore | dropped the anchor of his yacht | Baltimore in Yugoslav waters at a time when the government was clos- ing most of its tourist offices. Accompanied by his wife and | child, Mr. Shirley announced he would stay several months, despite | the fear of Balkan countries that| the European War may spread. 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