The evening world. Newspaper, December 19, 1921, Page 5

) REPUBLICAN PLAN ON FUNDINS BIL Won't Give Harding or Me"on Pree Hand in Handling $1 i.- 000,000,000 War Debt. (Special to The Evening World.) WASHINGTON, D, C, Dec, 18— Owing to opposition of minority members of the Senate Finance Com- mittee, Administration leaders have been compelled to abandon,}until after the holiday recess, their efforts to put Chrough the bill funding the eleven billion dollar debt owed the United States by foreign Governments. ‘mocratle Senators, notably Sen- ato. Simmons of North Carolina, ranking minority member of the Winance Committee, are unalterubly opposed to giving Secretary Mellon carte blanche to handle the fore’gn debt as he desires, They take the position that an impo mental policy is involve: greae should at least prescribe how the | funding should not be done, At one lime during the past week it appeared that a bill would be brought out of the committee which would be s+tis- factory all around, but after an agreement had been reached between Democratic and Republican members the insistence of Secretary Melon and the President on the Administra tion haveing an absolutely free hand brought about renewed complications, Democratic Senators believe that the Administration's attitude forecasts n to entirely wipe out by cane ant govern- atCon- ton obligations owing u United States. * basi There has never been a popular ref- erendum on the subject and in view of the fact that it involves billions of dollars raised by subscription to Lib- erty bond issues minority members of the Senate Committee, @nd even some of the Republicans, believe that there should be no cancellation at thi time. Democratic members of Congress say that Secretary Mellon may be in- fluenced, at least subconsciously, by the fact that he is a member of sixty~ eight directorates; some of which have loaned the Governments of Bu- rope large sums of money. y members of Congress detect a far- reaching propaganda comanign to bring about cancellation of foreign debts. They call attention to the re- peated and persistent declarations of Frank A. Vanderlip and other inter- national bankers to the effect that Europe cannot pay. Some of the things that have oc- curred in the nate Finance Com- mittee within he past few daya 'l- luminate the situation and make clearer the Administration’s pro- gramme, “The House bill,” said Senator Sim-~ mons, “left to the commission the questions of the maturity date of tne obligations and the amount of inter- est to be paid, and the selection of the commission which would handle these matters was left entirely in the hands of the President. Under the provi- sions of the House bill, the Preside. was free to select a. majority of tne commission without — confirmation, thus depriving Congress of any .u- thority in determining the character of its personnel. The commissien would then have been at liberty 70 fix any date it pleased for the ma- turity of its obligations and to charre any rate of interes® it might see fit. The House bill was practica‘ly blanket authority to the President and to Secretary Mellon to settle the question of funding this eleven billion dollar debt, and the Republican ma- jority in the Senate Finance Com- mittee seemed ready to accept the House bill,” On July 27 Senator Simmons offered op the Senate floor two amendments to the bill, providing that nothing In the bill should be construed as au- thorizing or empowering the Presi- dent to cancel or remit any part of Ct, DEMOCRATS BALK the chtenion change the rate of interest of such of such newly created ‘These proposed amendménts were re- ferred to the Finance Committee, Later Simmons s i the United States t er to which was fixed at 5 per cei also that the bill does not authorize or empower the President to substitute the bonds or obligations of one debtor Government for another or to post- pone the intereat on such obligation after July, 192% except the obligations of the newly created Governmen and im such cases only with the vernments. itted a provision gome discussion Senator Stm- mons's suqaee ms were agreed to “in principle” by the Finance Com- mittee, and Senator McCumber, the ranking Republican on the commit- tee, went so far as to embody the suggestion: own, this being soon after Congress conditional indorsement of guaranty} met in the regular session, Dec. 5. The committee failed to report the bill out and Simmons went to Mo- Cumber to ascertain tne cause of de- ae... Ponte Senator, “objects atures of it.” Simmons suggested that committee. peated some of the statements he had) the President could en the House bill was being) matter his attention ted, that some of these for- eign countries could never pay these ts and that many of them could pay No Interest within the next ten years, Despite Mellon's gloomy ple- ture of Europe's financial status, the| real situation committee in an amendment of his ‘ecretary Mellon,” said the North made formula’ subsequently rt the bill out as amended, ‘wo days elapsed and no report, | giving the whereupon Simmons Cumber to learn the cause of the time it is the Preside: p the bill, but we expect to .aG WORLD, MONDAY, DEOEMBER 1 yt “a. treed Negron lellon be invited before the| McCumber ask Mellon eared and re-| seen the President. but we hope to see Democratic Senators decided to} national banking President went to Mo- settlement at other provided in the present Toys For the Seven Ages of Boyhood I When Bobby's a wee little chappie, just able to crawl, noth- ing makes life so bright and gay as: Big Colored Rubber Balls. . .80c to 1.00 And Colored Nested Picture Blocks, with which to give vent to his instinct of building up and tearing down. And Celluloid Jack-in-the-Box. . And a Sandy Andy that carries sand up and down like a machine. 78c to 1.60 II When he can make his way in the world on somewhat unsteady feet, at three and four, he shows an absorbing interest in Bubble Tops that show a moving pic- ture. wo vs Foc And Tinker Toys that will roll along no matter on what side they may fall, as long as they are pulled on a string, 68¢ Mechanical Toys that arouse one’s curiosity by going in all sorts of direc- tions without any seeming assistance. 75c to 3.00 Ill At five and six, Bobby loves to play soldier and circus and wants to build real houses, chairs, and other objects he sees every day. Therefore: Drums hold their greatest charm just now, for he can head the parade with one. An agreement was reached durin, the day that the bill would not be re. ported out before the holiday recess. believe the that uniess the inte: powers can the House bill, or a similar measure, Secretary Mellon a free hand in settling the foreign debts, they do not want any han wha’ The uation foreshado hard we @ figh' jain went to|the Senate after the Christmas holl- | floor w jm if he had | days. The George W. have Gilbert Brown Jr., an of poration, fined $500 preme Cou had entered pleas of violation of Section Brown Company of by Supreme Court Justice McAvoy, and ial of the egr- | 6; former Su- | 0! Justice Clarence J, Shea: ity for each for 'Wwassery: in 341 of the Gaa- the Supreme Court eral Business Laws of the state. © pald, * This cleans up the fedletmenpe fumes dustry the Lockwood divi wore indicted. The lcAvoy aunoynved tha! es fend the, Ext rinyinal Bean yall the tpl epiion of ene having of. | The renuining am Chapman, a sascall lof Brindoll, will be tried vs the Crlml dames McGreery & Co. 5th Avenue 34th Street Sterling Silver Mesh Bags—19.75 ‘To whomever these bags are given they are certain to arouse favorable comment, for they are made of the finest baby mésh, soft and Bags made of solid gold do not possess a greater perfection of work- , pliable as silvery lace. manship. Also 200 Green Gold-finished Bags, same as those illustrated above. Madeira Gift Linens Less Than Half Former Prices : turned frames. (Main Floor) As we have purchased all those a well-known manufacturer had on hand, we are able to offer them at these amazingly low prices. They are of Sterling Silver, and have engraved or engine- (Taz ineluded) Special, 19.75 Reduced to 14.50 (Tax Inoiuded) Ribbon Novelties For Holiday Gifts | o For the ~ Seven Ages of Girlhood I When Betty is wee—just able to grasp ig till the time she's able to drag her Teddy Bear after her from chair to chair: Hand-painted Rattles will make her land-paint oc « A Celluloid Dolly is lots of fun wi floating in the bath. BSc to I "i A col wralted | oh i ke ri at tl ha imi face can be hugged tight without breake ing or doing harm. ¢ And a T Bear is such a hen itv’e dark and time to go ween? 188 Il + When she becomes a big girl three or four then tie Bios many interesting new objects: Books, for instance, made of eeneyreclicloas brightly coleesd. Ae though you may be tempted to 7s they won't tear. 7 Aa Indoor Sand Game brings home all the good times of the beach without 2 being messy. 750 to 1.50 And's Kiddie Kar is the joy of the dae one can travel quite swiftly along way. Ii At five and six Betty is i at quite a page and likes to ime tate Mother in her ways. - Doll Carriages are nice things to wheel along a8 one walks out with nurse, or just plays house. 5,00’ Pewter Tea Sets are a good excuse pleaded guilty two weeks ago, Just rought about hy the Inveatis IN THE MARBLE TRADE) 24%, ied aa RIE: ee 7c to 5.00 wte f Lead Soldiers also provide an excellent, are particularly appreciated , Eaquisitely dainty novel- Moe mM atte vt Rud‘ aee : opportunity for him to play Geserak, by the young bride and lover ey: ‘ashioned of variously a dish it won't break, which J om i .! i ‘ me colored ribbons and lace ports Cie EReern ccs eeIs OF linens) Hackl new: piece make delightful gifts. Sachet If you prefer Agate Tea Sets they are sal And Konstructo Blocks give bim an added to the chest brings the “ll i. all gt | 1,00 f opportunity to make all sorts of models, keenest delight. Real Ma- pillows in al jee Bu Lad During recesstime at school, Skipping i 1.00 to 15.00 deira Linens, hand-embroid- Hye or Powder au and ope with painted handles are Te i iw irrors on sticks. ra or un. IV sella Odie Pang Bags" of Suh with nhl Ment gy yn Cloths..............5 fi : ‘ sf enev: 4 Sham battles in full soldier aemeaae each, 10:80 aiid 18.00 Toshud deslans, Fray P ee which is often, a laundry set myst be | * tes 1 Japkii - had, Mother. 3.25 4 equipment become actualities of Tea Napkins. ...doz., 6.75 and 8.75 cased in captivating bags, ” \ | us day, at seven ane eight, and fiche eee 11,5000 '2.00 Handkerchief Cases and Lin- IV 5 the putting together and pulling Roetr aia eric Sets. Also Hair Bows F apart of toys 1t;a/real jay: Luicheon Sets, 13 plete nse: fn Boxes, ap betty, at seven and eight finds Play Suits give free rein to hie imag: ‘set, 5.65 and 7.80 Holly Ribbons for tying Christ- te ei iB i i is just ther rod. 5 ry . ( ’ Stone Building Blocks never lose Centre Pieces...cach, 2.50 and 3.50 bined are 34 to %4 inches wide. pevsleg Hi s most like real babies. ‘ Uheie favor, for there is alwayssormething Bread ‘Tray Cove : Wher Red Satin Ribbons with: because they are most like 1 ies Hi Fi new to build. 00 to 15. each, 35c and S0c out decoration may be secured in i ‘ith which to 4 actory _ And Pull Apart Toys provide all the Boudoir Pillow Cases........-. a widths of 34 to 7 inches. ett Seoled 6 ie ee a 4 ; argc! ate eaten no Ho. eiuenaaell Soe Tata mibonsfourey MED sewing Sets, mats ih to You Vv EXTRA SPECIAL Inches ide MUSTER Mtge help one to learn to make dolly clothes : Hand-crocheted Luncheon Sets, Afternoon Dresses (Main Floor) = At nine and ten he begins to 13 pieces, set, 7 V notice his muscle and oudly Phe, Urish Linen Hematitehed for Women Pare Mersin yt shows Dad its progress. In other ‘ca Napkins. Jozey 4. en jut when y tor- words: (Second. Floor) Special at 19.75 Walrus Bags ner of nine and tgn shie shows ; Footballs enter his life... .2.00 and 3.50 Z will leave thy - signs if pins oe a littl 4 Pogo, the newest of jumping sticks, A Pre-Holiday Event woman by deman: 2 iy finds a keen rooter. 3.00 A Nut Bowl and they’ look amare and Wsnd Her very owa Rocker and(Chair. And And the first sign of frost finds him u wl an Some a € Poi Tricoti any amount of wear, year in shovias « Popes. ign aga mani aaiha the suena iets ieee) Gol pacate CG " is 4.00 are made of Poiret or Tricotine, and year out. i elie osmnen, preety 4 § \ Mather, have Santa bring Ice Skates, vacker ts 4. others of Canton Crepe or Crepe de Chine. A i6\ach Bar, dik thant ke Bowes ATO thy! we : 3.50 Mahogany finished and Many are in tailored effect, displaying but a Fs pecial 15.00 might pig Bespin ny, wink VI neatly Miiened (iia copious a sulgestion of adornment, others are quite ware light of making some of her own. bowl is provided with a lavishly beaded, braided or embroidered. A ; 4.25 to G£00 q (F. O. B. Factory) When eleven and _ twelve, ee ted: kumener cracker ava Navy Blue, Black, Brown and some light An 18-inch Bag, leather Character Dolla that leek five andjin- a The most amazing piayer-piano offer ever Bobby simply can’t resist mak- anvil with aailch to ceick the shades. Sizes 34 to 46, but not ineevery lined, with a good lock and * sal di ised. J hink — t ing things, while tricks of all sorts, rs Fi style. catches, of either Genuine VI advertised. ust think a moment! you get a Slike syed ents nuts. It is a most unique and Walrus or hand-boarded Cow- > 5 . Walnut $10 addi- and toys that entertain acquire attractive gift. AU Sales Must Be Final v r Life tak : beautiful, new mahogany (Walnu acet a new interest. He would be de- 8 hide. Special, 24,75 fe takes on a varied mspect at 4 tional) or oak Ellwood Player-Piano at prac- | lighted, for instance, with: (Sizth Floor) (Fourth Floor) (Fifth Floor) seve and pps Ril pra tically the cost of an ordinary upright piano. | A Novanao Bon, with whlch he can Beuiy fuse lic He irl Compare this p@yer-piano with others at build bridges, cranes, machinery and all i P aind some- 3 oducti d sorts of mechanical things, 1.50 to 50.00 i times she becomes quite serious a $200 ava .. romeo Bi, mse an Magic Trick Boxes are good fun at Golf Outfits and grown up. Consequently we a new nrhitzer juitable 1ano urchase parties, 1,00 to 5.00 An Electric Cook Stove, with utensils, Plan make possible this startling offer. Call | And a Moving Picture Machine, . P ; 5 upon which the could make the dishes NOW and hear this beautifully toned piano. selueh erevines teal sham ot iit Barve, Christmas Gift €conomp Make Splendid Gifts ate is just beginning to makeie cookin 2 It’s your grelest opportunity to own a fine | 5. This space is devoted each day to a Gift For golf is an every man and every As wail ep aller beets forgond apie. player-piano. Convenient terms can | ar | r ‘Sisetestion of MeCrear uality— woman’s’ game which, once started, makes an And the Book of Knowledge, to an- ranged under this Wurlitzer Equitable Piano ; Vil corse posed psoas A enthusiast of every partici ant. ‘The golfing swer all troubling questions. 20 Purchase Plan. If unable to call, or reserve your | Ps thirgeenth, foarteenta and outfit lated! belcw ate qe ceed) substanael VII Ellwood NOW, mail the coupon below. Act | Perteulae beat or hobby of fone quality, made especially to withstand all the And last, but not least, when quick! Telephone Bryant 8140. sort that he is highly interested in: hard usage the game demands. Betty enters the last of the por- > | OPEN EVENINGS UNTIL 10 P. M. IP soca agel Sete hat ely tans 4.50 Imported Golf Tons, staintess. ......+.. rete ie ESO ree ae “PF UNABLE TO CALL, MAIL 11ils COUPON TODAY— Tol Chaise, with cod ual i. , ; eGrenor's Gk ne ke eitietlenibe taameaea thea UU Ie ee Rie nesta, with goo Auality feole, Men ’s Leather Slippers MeGregor’s Golf Irons........... Sie SRNR 5.50 ah faz te ee aly none WURLITZER, 120 West 42d St, Wilgay | Wireless Outfits, with which he can f Wood Clubs..........ceececcceeeevee 6.00 rushes, 5c to 12.50 } and complete tnformation regarding your send actual messages. 15.00 i 45 . . Or Ice Skates, with shoes. Send cr offering, No obligation to Durctiusa, And Sporting Goods of all sorts for all I. Women’s Golf Bags, made of canvas, two or three mite, A ridin oy Name mee ages. a stays, leather bottom and leather sling strap, large ball site + hF A .00 to 10.00 Address cote IG Foon) Made of Tan Leather in Opera pocket. Caeinaanegaennreny cage - 5.00 (8th Floor) fe | or Everett styles. All sizes from Men’s Golf Bags, made of heavy canvas, four stays, | The Rudolph Wurlitzer Co. 6 to 12, nitro pecan tt coy 120 West 42d Street reaed Cees Ansan) Sunday Bags in’ White or Khaki 1.25 Mee Petween Broadway and Sixth Avenue \ietrolas—Victor Reco ds—Player Rolls—Sand and Orchestra Instruments. Sunday Bags with feather bottom and leather ring top made of canvas 1.75 (Fifth Floor)