Evening star., 1925-05-03

Economic.
Reviewing business conditions for
the months of April and March, the
Federal Reserve Board found that
wholesale business has enjoyed unu-
sual activity and that during the last
two months has been distributing
merchandise at greater rate than at
any time during 1924.
Great Britain last week restored
the gold standard as step in restor-
ing her currency to it's pre-war stand
ard. The change was announced to
the House of Commons by Winston
Churchill, chancellor of the excheQuer
| in outlining the years budget. The
treasury department hailed the res
| toration of the gold standard as the
| most important step toward restoring
Europe's economic conditions since
J the Dawes plan.
| EnEland'S restoration of the gold
standard will necessitate a like move
| on the part of France, it is believed
by some French experts. This would
| mean sacrifice on the part of France
but the opinion is expressed that the
| time has come when it must be at
tempted.
out of existence this month, and it's
| members are suggesting various RENE
dies for an economic situation which
| makes 1t difficult for the person of
small means to find a home One sug-
gestion has been that a corporation be
formed by men who are philanthropi-
cally inclined. which would lend money
FOR home construction at low rates of
interest. Secretary Hoover of the De-
partment OF Commerce is one of those
VINO Is in favor of the idea, while
President Coolidge has expressed his
interest in the matter.
The effect of the new tax law. which
prousht about a decided reduction in
income taxes, was shown last week
with the publication of the first Off
clal figures on collection of income
tax during the first quarter of this
year. income tax receipts were S67.-
osi 'ooS.4l less for the first quarter
TINS year than for the same period
last year.
Educational.
With comment which said: Let
us remember that it was the hope and
desire Tor religious freedom that in
splred the settling and founding of
tr0N
Vic Donahey OF Ohio last week vetoed
the Buchanan Bible bill. which passed
the ONO Legislature and which would
make daily reading of the Bible in all
public schools in the State of Ohio
compulsory. The measure was ac.
tively supported by members of the
ku klux klan in both houses of the
Legislature during it's consideration.
In the course of his veto message the
hot L..
that religious teaching in our homes,
SUNDAY schools and churches by the
good mothers, fathers and ministers
OIL ONO is far preferable to conplIl-
sorry teaching Of religion by the State. !"
A bronze memorial bust of James
Ormond Wilson, sometimes referred to
as the patron saint of the District
public school system" was unveiled
with appropriate exercises at the VIII.
son Normal School last week. Under
Mr.. Wilson's tenure of the Office of
! superintendent of schools from 1872
! to 1885 the graded schools were or
ganized and the present system of
normal schools was established under
| his direction.
The present day need is a program
| OF education against war that will es-
tablish worldwide understanding
| too great and too sound to be broken
down by national and imperial cove
tousness," Attorney General Sargent
declared in an address last week be-
fore the Carnegie Institute in Pitts
burgh. "The desire for peace" he
| said, must grow from within; enough
| individuals must recognize fact in
place of propaganda
Geography.
Earthquake shocks were felt
| through the States Of Ohio, Kentucky.
Indiana and Illinois last Sunday
| night The only damage recorded was
in broken dishes, shaken off the
shelves in some sections. The tremors
were felt as far north as Ottawa, Can
ada.
Fossils Of prehistoric animal life
from 100000 to 100000 years old
have been found in Argentina by sci
entists of the Chicago Field Museum.
When the bones were buried these
scientists claim, Argentina was a
| world apart" The fossil remains
are claimed to be different from any
others ever found.
Capt. Roald Amundsen. veteran
Arctic explorer, is completing plans
for his final dash to the pole, which
he will attempt by airplane about the
middle of May. Airplanes equipped
with skis have been sent to Spitzber-
gen and assembled for a trial fight
to be made early this month.
In the meanwhile the plans of
Americans who are to make a dash
by air for the pole this Summer un-
der the joint auspices of the National
Geogra phic Society and the Navy, are
maturing. The Bureau of Aeronautics
has announced that, should one or
both of the Navy planes, in which
members of MacMillan's expedition