New Britain Herald Newspaper, December 11, 1925, Page 7

CONOMIG OUTLO0K - NOW I3 FAVORABLE Secretary Mellon, in Annual Re- port, Sees Early Complete Stabilization Washington, Dee, accomplishment of a complete warld-wide economic stahilization is foresoen | tary Mellon, abroad, the . new borro ings. Ho ddvelopments of the | heen so satisfactory th now clear for a. more com recovery.” Mr, Mellon believed the underlying factors of the business sl were fundamentall 1 “warrant optimism for Niich had better, the events w Influenced conditions for the he mentio th respect to th United States, restoration of conti- iction and reform, ous factors of unce tability, steady arm and facto! augmented puuh asing ployment in genarally power. Tmprovement Abroad en nations , revival of industdal |, activity with its consequent em- ployment, the reorgan currency systems of nearly powers, and 1 ised benefits of th a ment, Al of these, support to the optimis garding the economic rehatlitation of Europe.” Mr. Mellon suggested the the re- vislon of taxes p slon of c stim a compls - posed hy the house waysand means committee. T nafowed the foundation of the taxin svstem, he thought, declaring it/ 8hould be broader if he Warns of \pfl}nlmn | While the secretay saw no ap- proaching cloud onthe economic | sky, he warned aginst expansion and speculative :ndencies. The program of public conomy has had its effect, as has t2 public debt re- tirement progran he said, but “there is some tenency for the con- | lmn or the glect Your here | 10 (—Farly | - foreign de M, {the nations assured that thiey T s E suming public to buy every conceiv- able commodity ‘on time' and mort. |kago future earnings.” land, he found business men con- |ducting their affairs with restraint | |and caution In order that the pros- | |perity may ot bring on [ess. “It 18 hoped, added, carele furthermore,” he “that the speculative tend- lency In real vstate in some communi- |ties may not proceed to the point of |undermining the spirit of caution in {business.” Fears Big Tax Cuts Although Mr. Mellon was convine- |t ed that the promised tax reduction 'y has added impetus to business plans, he counselied cut, declaring ductions ady and would Involy ainst too great a the mmn\ n asscrted that LR of the treas- spect as hav- trated. country is prosperous nosw and well able to liquidate fts debt at a reasonable rate,” he continued. hat will gradually reduce dous interest The per- public debt has | [§ a sound policy, H) the contrary it has often bed l‘n a great handicap in an eniergency.” Prohibition Review Mr. Mellon reviewed the 's work In enforcement of pro- pressed the belief that cen made In reducing f illieit lquor ation directed by A ed that expanston of the const guard v if it were to rmm ork in its al ea erver of life an '\!\vl reiterated that the depa | policy was to Kources of sup- v rather than to attempt local po- With rel e to funding of the Mellon reparted z progress” and po ngements under which 0 will bo paid back fo That leases $4.- 9 on which “gratify hooks aga France. Mr, Ihoped that other settlements would be conclnded soon but did not name {any of the powers thus iry, he said, lon of the govert had granted li the earller years amounts were made up in later in each Instance, he added. hecause s of ould ha able to meet their commitments the obvious recuperati ! {then. Included in the secretary’s report was on e American debt com- On the other | the tre- || NEW BRITAIN DAILY HERALD, FRIDAY, DECEMBER 11, 1925, mission, of which he is chairman. at report made mention of fre- {quent press comment respecting re- \!\)MI of the administration to sanc- tion forelgn loans here when the e # new money had not 1 their debts to this govern- after much con- ommission report said, "It trary to the best Interests of the United States to permit forelgn gov- ernments whieh refused to adjust or ir debts to the United States to ance any portion of their nents in this country, States, muni- cloalities and private _enterpriscs vithin the country concerned were the prohibition. consulting the state department were depart- B NEED 1925 FORD SEDAN Fully equipped; like new. 1924 OVERLAND TOURING Paint good; priced right. 1923 FORD SEDAN Good paint; price is low. 1922 FORD COUPE Price is right. Superior 113 CHURCH ST. 8 decided that it was con- | a rensonable effort to adjust | ire- | Bankers | sed Cars THE notified that the government obfect- | thel ed to such flnancing, While |United States was loath to | pressure by this means on any for- elgn government to settle its indebt- iness, and while this country h desire to oo its s uetion and !countries abroud, national interests | n demands that our resources be not | a fc permitted to flow into countries | the ¢ [which do n through the ROME BEGGARS RICH | | Rome, Dec. 11 (B 1 | fou " 1y's most | | opulent cltizens behind the walls of | ROOM—THEY MUST BE SEE THEM TODAY! SOLD! 1924 CHEVROLET ROADSTER Lot of unused mileage in this car 1923 STUDEBAKER (COUPE New paint; good motor. 1920 DODGE ROADSTER You can depend on this car. 1923 CHEVROLET ROADSTER A good car at a right price. Auto Co. E & § Christmas Cards ! WOMANS JAPPAREL SPECIALTIES Shop early if possible MiDOLETGWN == NEW BRITAIN The Real Christmas Spirit Prevails Here £} SO You are Bound to Find a Good Selection Here— of Things She’s Bound to Want If you are on the alert for something for “Her” for Christmas — something new and smart — something that she can enjoy the whole year through— Choose “Her” Gift Where She Would You'll Find It Here SCAN OVER THIS LIST— It Might Help Solve Your Problem— Dainty Undergarments Corsets, Brassieres Bath Robes Negligees Boudoir Costume Silk Dresses Winter Coats Artificial Flowers HAVE Caps Slips OUR DOLL FAMILY? They're the Genuine Madame Hendren Dolls Priced from 98¢ to $14.98 Each If you have a little one to give a Doll to—see our line first —_— L..__._.___________._._.___.,. \g‘? \y“h\ FSM 2l Gloves Hand Bags Umbrellas Silk Hosiery Exquisite Handkerchiefs Smart Ribbon Garters Smart Neckwear Trays, Brackets, Etec. Pretty Rubbar Aprons YOU SEEN NEW 90-92 CHURCH ST.. ‘3‘:"&"\ "‘Q,Afi‘*" BRITAIN'S WE YOU URGE WILL / TO SHOP EVERYWHERE "RECIATE OUR QUALITY AND PRICES LEADIN( If you are among the thousands who have re- eived their Christmas Savings Check we sug- gest the purchase of a Fur Coat AS A GIFT FOR YOURSELF We will accept a reasonable down payment and the arrangement of the remainder in such pay- ments as will be mutually satisfactory. We apprechite the fact you have many places to spend your money at Christmas and we wish to do all we can to help you buy the kind of a Fur and still hay Coat your heart desires ¢ funds left for other purchases. A FEW XMAS SPECTALS A Caracul Coat as low a8 .oonves ins $165 A Muskrat Coat aslowas..........$133 A Hudson Seal Coatfor ....covvevses $195 American Broadtail for and many others. — THEN Connecticut Furriers INCORPORATED 86 WEST MAIN HARTIORD s iy ST. NEW BRITAIN FURRIER: S0 S i i W TS T e e . FREEQEFQ R R R G SRR s FITCH-JONES Co. CITY HALL GIFTS MEN APPRECIATE Neckwear Shirts Pajamas . . Wool Mufflers Silk Mufflers Belts . Ladies’ Luggage . Men’s Luggage Toilet Sets . Lounging Robes Hosiery . Golf Hose loves . . Ladies’ Umbrellas Men’s Umbrellas Card Tables Leather Novelties [EERER $1.00 $3.00 §2.00 $3.00 $3.00 $1.00 $5.00 $10.00 $7.00 $10.00 to $1.00 to $2.00 to $3.00 $5.00 $5.00 $5.00 $12.00 $20.00 $5.00 $18.00 $7.00 $55.00 $50.00 $30.00 $50.00 $5.00 $10.00 to $10.00 to $10.00 to $10.00 $10.00 to $10.00 to to to fo to to to to $1.00 Gift Suggestions To Fit Any Purse MMMMMWM!‘N““’Q&““’Q&%“