Evening star., 1923-02-03
MAY USE VICTORY
NOTES. FOR TAXES
Revenue Collectors Told to
! Accept Payments in Ger
tain Issues.

The Treasury Department mas ul-
rected collectors of internal revenue
to receive at par any uncalled AZ
victory notes in coupon form bearing
the distinguishing letters G, H, i.
J. K. or l. prefixed to their serial
numbers in payment Of income and
profit taxes payable March Is.
Registered victory notes of any
series and coupon victory notes OF
either the 3% per cent series or the
~ per cent called for redemption
December Is are not acceptable.
Bond dealers do not expect many
holders to take advantage OF the
notes are quoted at a premium in the
open market and in the present state
of the money market 1t is believed
they will continue to sell at a better
price than the Treasury is offering
for them. Should market quotations
FAN below par these notes would
probably be offered in considerable
amounts.
The volume of victory notes has
already been greatly reduced In the
past year. Outstanding notes that
may be used in payment OF income
and profit taxes may not total $780,
600, 900.
Tribute to Henry Clews.
In a beautiful tribute to his uncle,
Henry Clews, whose recent death re-
moved from New York one of the
great finanoiers of the country. James
B. Ciews issued the following state
ment to members of the. banking
house of Henry Clews & Co.
1T Is with profound sorrow that I
am called upon to announce the death
of my illustrious uncle and business
partner, Mr.. Henry Clews. The i'm
mediate cause of Mr.. Clews' death was
bronchitis, although he has been in
feeble health for the past several
years Mr.. Clews was in the eighty
ninth year Of his age. OF this long
life nearly seventy years we're active
that implies.
Very few men not in public office
have been so widely and extensively
known. His genial nature and fair
treatment to his fellow men made him
hosts OF friends in all parts OF the
country who, 1 am sure, will genu-
inely regret his loss.
Mr.. Clews was the second ranking
member Of. the New York Stock Ex-
change in length of service, there be-
Ing only one surviving member who
Joined the exchange before his cleo
tinn. I have been Intimately assoc-
ated with him as a partner for over
thirty years, and l can truthfully say
thdI nave never KNOWN any one In
whom the milk of human kindness
vas so strongly developed and who
more firmly believed that the only
sure road to permanent success lay in
fair treatment to all.
Owing to Mr.. Clews advanced age
the active management of the firm
has been in my hands for number of
years, and this, together with the able
assistance of my partners, will con-
tinue as heretofore"
Harris Elected Vice President.
Announcement was made last night
that George A. Harris. general man.
ager of the Cleveland Discount Com
pany for Washington territory. has
been elected a vice president and di-
rector of that company.
Mr.. Harris has been associated with
the company for a period of only
fourteen months, and his election to
the position of vice president and di-
rector is the result of the success
with which he has handled the COM
pany's interests in this territory.
Prior to becoming associated with the
company. Mr.. Harris was president of
the Fulton County Bank, McConnells-
burg, Pa, for a number of years, and
later he was treasurer and director
of the Federal Land Bank of Balti-
more. where he served for six years
and from which position he resigned
November l, 1921.
In his new duties. Mr.. Harris will
be southern manager of the company.
with supervision over the territory
comprising the District of Columbia,
Maryland. Delaware, Virginia, Ten
nessee. North Carolina, South Carolina
and Georgia, with central offices in
the MunSey building here.