davidaulloa/AmericanStories huggingface dataset:
Evening star., 1925-12-16

vigorously criticizing the settlement.
Senator Reed insisted that the
American debt commission had no
more right to give up the interest on
the debt than to give up the principal
II am positive" declared Senator
Smoot. that if this settlement had
not been made with Italy we would
not have received anything. France
came here and told Us that she did
not owe us anything.
Il know that the Italian people have
been led to believe that they We're not
expected to pay. What happened
when the CaillauX commission made
its gesture here
Il made the prediction then that if
France did NOT settle its debt with us
The franc would decline in value and
that It would continue to decline until
/ Fra nee made some settlement viii
the United States. There must he a
settlement before long or tho franc
will go down a 6 the German mark did
! To have France go 10 the dogs finan-
cially would not help the Unit ed
States or the world. The quicker we
can get The world on stable fna ncial
! basis the better Nothing will he ac-
comolished by deman anding that these
nations pay a the same rate as Great
Britain The money cannot he pro
duced from the ground or from the
| labor Of Italy. A country has got to
live"
Sees Huge Loss to L. S.
Senator Howell told the Senate tina I
the Italian debt settlement in effect
provided for the payment of .Os per
cent Of The principal Of the debt per
year for s. years and then. he said
! the debt is cancelled" He insisted
that the Italian debt settlement. IL
properly figured would cost the
United States over s. 200 600 900.
During the debate Senator Smoot
said that France had "huntly told us
Fra nee did not owe us anything"
But Fran nee has got TO make set.
tlement" he continued IF she does
not the French franc will go the way
of the German mark. That will not do
| this country any good and 1t will not
do the world any good"
The assault on the Italian settle.
ment was taken up by Senator Harri.
son. Democrat. Mississippi. who said
! il would cost American taxpayers
| 50. .O0O. 900 900
Senator Smoot declared however
| that he doubted whether Italy could
| pay even the amount it had promised
| a nd said that II he We're banker he
| would make the best settlement pos.
! Sihle
And If | were an American ba nker
! | would tell foreign country to deal
! honestly with my country before II
! sought 10 deal with me-" retorted
| Senator Reed.
While Senator Reed was continuing
! his attack on the debt settlements the
! House was being told by Chairma r
! Green of the ways and means com
| mittee that it. and not the Senate
/ was charged with first considerable
| Of the subject because ii came Iludel
| the head of revenue legislation.
If the Senate attempted to act or
! the settlements first, Mr.. Green said
he would ask the House to return the
I Senate notification and act on It's owr
! initia tive.
Evening star., 1925-12-16
WILL DRAFT COTTON BILL
Special Congress Committee Formed
for Task

special legislative committee com
posed of senators and representatives
from cotton growing States has been
appoint ed to draft cotton legislation.
Senator Smith. Democrat, South
Carolina. chairman OF the committee.
expects to call a conference within a
few days to begin work on bill which
particularly will he aimed Al improve
rnent of the Government cotton re
ports,
Evening star., 1925-12-16
WAKEFIELD BRIDGE
PERMIT IS ASKED
Private Capital, With Vir-
ginla Charter. Seeks ALL
thority to Span Potomac.

Authority was asked from congress
TODAY for erection ny private ~apital
of 4 bridge across the Potomac River
near Wakefield. Va. the birthplace of
George Washington. which will III in
with the Mount Vernon boulevard
project to connect the city of Wash
incton with Mount Vernon.
Bills were introduced today by Sen
ator Swanson and representative r.
Walton Moore Of Virginia to give au-
thorlty for bridging the river TO a
corporation commission for the
George Washington Wakefield me-
mortal bridge. which received its char
Ter from the State nf Virginia on Mon
dan. II is declared that the bridge
will he erected and open for traft
within two years after authority is
given by Congress. Arrangements are
now being made with the State Of
MARYLAND in sntiCipa tion of favorable
action hv Congress.
Bridge Important Link.
II is proposed 10 bridge the Potomac c
IN the vicinity Of Dahlgren. in the
southern end of King George County,
to a point near the Ludlow Ferry
Il nding in Cha rles County. Md. con
more and Washington with eastern
and tidewater Virginia. This bridge
II Is forecast. will become one Of the
most Importa NJ links in the highwa Y
passing through Virginia to North
Carolina and The South Atlantic
States
1t Is anticipated Mr.. Moore ex.
rlained. that this route will he opened
IN for tourist traffic In Ia32. for the
Cele ebration OF the hi-centenary Of the
birth Of WASHINGTON, II would he an
extension of the memorial bOuleVa rd
10 Mount Vernon. for which Mr..
Moore has introduced lesisla tion and
which is IN he considered next week
by the Joint commission headed by
PAsident Coolidge. which will con
slider the most fitting way in which To
celebrate the hi-centenary of Wash
inEtons birth with rerma nenr
memorial
Senator Fess of Ohio rs the active
chairman Of this commission md Will
Ham Tyler Page clerk of the House
is the executive secretary.
Direct Route to Wakefield.
The new George Wa shington. Wake.
field Memorial Bridge will afford 2 di-
rect route from the North to Wake
field, birthplace of Washington and
also to the birthplace Of Presidents
Monroe and Madison Richard Henry
Lee. who moved the adoption Of the
Constitution in Congress: Gen. Light
Horse Henry Lee. who was one Of
Wa Washington's generals and support
ers: Fra nCis Lighttoot Lee who sign.
ed the Declaration Of Independence.
Pendleton. the first Speaker OF the
House OF Representatives and many
other nota bis who co-operated in the
formation of this Government
While this highway will traverse the
oldest historical section Of this coun-
try. it will also he valua hle 10 the Gov.
ernment from p military standpoint
connecting as II will the various
plants contiguous 10 the highway he
tween Washington and Hampton
Roads.
William z. Moore. secretary of the
commission. which has charter from
Virginia to arrange TO erect the
bridge. was in Wa shington today in
conference with Senator Swa nson.
Representative Moore and Govern
ment nff1cials
Evening star., 1925-12-16
TOY MAKERS HELP PARENTS
FIND TALENTS OF CHILDREN
Structural Steel, Steam Shovels, Vacuum Cleaners,
Typewriters and Other Articles to Aid Those
Inclined to Special Pursuits.

He Is proba bly, destined to become a
famous hricklayer. carpenter, con
tractor or anything else Tor "hi.n
the chief Justification appears 10 ne
questionable ability to construct ana
very real ability to mangle those
things the householder may ne SO
fortunate as to already possess. IN
this event il is well for him to kno"
that the toy sellers have on mana
tool chests containing every variety
Of tool and near tool known to man.
In connection they offer books on
, carpentry. masonry and. in fact. any
thing else that could possibly be used
in developing a great carpenter or
contractor.
Plenty for Girls.
DO not. however. let this lengthy
enumera ion OF implements Tor the
male cause YOU 10 believe that
career for women has been over
look Cd.
One Of our larger stores boasts
complete and upto-date stock or
vacuum CLEANERS for girls. These
aforementioned a machines are guar
anteed to clean dirty rug In hVe
minutes time and well filled pocket
book In considerable less. They are
exact dupliCates Of the one mother
uses and II girl shows any inclina
,ion toward home life these instru-
ments should. prove = very real aid.
both to the child and 10 the mother.
Perhaps Jane has been seen listen
ing to the remarks OF her elders and
has at least come under suspicion of
being responsible for the reproduction
of these remarks that appears on the
wall paper behind the door in the
front hall. If This is the case she will
undoubie edlv some day become very
efficient stenographer. and II might be
we'll for you 10 help her along by buy
ing one Of the thoroughly modern toy
typewriters thai are being demon
nothing else ran he said for them.
they AT their worst can only mark up
loose sheets Of paper.
Talents Can he discovered.
Now if one is SO unfortunate as to
have children that exhibit none of the
above mentioned tendencies. there Is
no need To become respondent. for the
toymakers hold forth one more ray Of
hope. II Charlie and Betty show no
natural talent along any line and their
parents ire unable To decide on their
life work for them, the toy shops ha
on hand great variety Of articles
which they aay will show mp latent
talent and. If this Is lacking. will de
velop ability along al least one line.
They have suggestive books. pretty
blocks and Tmnlhnr of other wonder
f,Il articles. that all that is neces-
Sary is 10 place them at the child 8
disposal at back and wait for reaC
tions. II the child shows consider
able interest in any one thing. then
your problem is solved. for this l.,
where his natural ability lies II.
however, he should proceed in sys-
ematic manner To destroy them. there
is still hope. for il is possible that he
has great future as house wrecker.
No matter what the field of con
quest. il remains evident that nbserVa
ton of the child and advantage taken
OF the means placed AT his disposai by
the toymak kers will make no profes-
SION too difficult 10 master and no
child too hopeless 70 educate.
Evening star., 1925-12-16
One Killed in Theater Panic.

MONTMAGNY. Province of Quebec
December 16 R).-A small boy was
crushed to death and % seriously in
.iured In A fire panic in a motion pic
ture theater here last night A Ain
being shown caught fire prscipita tins
stampede for the exits.
Evening star., 1925-12-16
MUSCLE SHOALS TO WAIT.
House Rules Committee Postpones
Two Resolutions Submitted

The House rules committee TODAY
failed to reach vote on two resoln-
tions designed to carry ont President
Coolidge's recommendations for dis
posal of Muscle Shoals. 1t will he
taken up again Friday.
Evening star., 1925-12-16

Apparently 1t matters little whether
rond parents are trying 10 lure their
youthful offspring into the fields Of
afchit"ctural drawing or attempting
10 interest him in the intricacies Of
! unck driving, for Santa Claus has
prepared an easy read which, II fol
: lowed, holds forth bright promise of
ultimate success.
Realizing that young chiid's char
dcter ia nodded by his surroundings.
and taking what some people consider
on unfair advantage OF his absolute
falth in things that come at Christ l.
mas. the toymakers OF America have
added TO their already varied output a
great number OF toys designed to in
struct and educate the children &C
cordinS to survey Of Wa-hington's s
Toy departments.
Suppose. for instance. the parents
hind the wheel Of taxicah The
larger stores have on display fully
equipped taxis. with headlights. igni-
non systems and horns-horns that
monk with such convincing noise that
Sedate patrons leap for protect ed
spots with speed and deXterty ac-
nuired only after long wears n pedes-
rianism
Plenty Of Musical Instruments.
IT, on the other hand. his fancy
runs 10 the more esthetic pursuits.
there is no end 10 the elaborate dis.
play Of riolins. drawing essentials
and other knick -knacks that go into
the ma king or all great artists.
There are. no doubt. many parents
who have definitely decided that their
boys must he great engineers n so
The stores have on hand an ar
ticie that only Il few years ago con
sisted Of p few simple parts that
might he used in making few
medieval structures. To-day II has
grown int" ma agniicent assort :
ment Of intricate parts from
which are made cranes. electric
tractors. ship coalers and log saws
that would pnt To shame the ma iority
of the mechanical devices used 81
wears ago. Indeed. clerks will read
lily assure Won that there Is nothing
al all that cannot he duplicated. or at
least partly reproduced with one Of
these sets. One tired saleslady. as
she bent to pour some sand from her
slipper. placed there by an overly
efhcienJ SCOOP shovel. was heard
threatening to give mp her present
position and 90 after = joh as loco
motive engineer. for which she felt
herself fully qualified after month
Of handling and dnmonstra these
toys
Traffic Signals Effective.
Another line that viii proha bIv In
terest some Is the assortment Of
equipment 60 vital in the enforce
ment Of the law. One man was seen
In stink by miniature ira ffic sign
while the light was against him and
then To stop short. rigid with terror.
when the electric whistle in the dunn
my cop mouth pealed out its sharp
command
II the NonnGertma about the house
has shown an INCLINATION 10 improve
the carving on the piano legs or 10
alter The size and shape of the kitchen
table one may he justified in assuming
that he has some constructive ability
Evening star., 1925-12-16
Weeks Explains Position.

The full text OF the Weeks letter
follows:
Dear Mr.. President:
Because of the publicity given the
recent airplane hearings by the com
mittee of the House of Representa-
tives to which that question was re
ferred. ! think ! should eXpla in to YOU
briefly why ] am not recommendine
the ppointment of Gen. Mitchell
az assistant chief of the Air Service
"One of the main questions which
came before the committee was the
testimony of Gen. Mitchell that we
had but 10 airplares At for war Serv-
ice. when. as a matter of fact. we
have $50 airplanes Of different ella sses
ACTUALLY in use and 163 in storage.
The chief of the Air Service. Gen.
Patrick reports that we had on hand
on September 80, 1924. l, ,592 air
oIo eSi6e al fol{cwS
Evening star., 1925-12-16
WAR DEBT PACTS
BITTERLY ASSAILED
AS SMOOT ASKS O. K.

continued from First PageD
Evening star., 1925-12-16

Total ................ 81
"Of those in storage 2a0t would
have to be reccnditioned before being
Evening star., 1925-12-16
Old Guard Leaders Dissent.

same architectural grouping as the
memorials 10 Lincoln and Washington.
Evening star., 1925-12-16

placed In use. At an average cost OF
Sa.ooh each. as they are war-huilt
planes. As the War Department has
developed new types of what II he
lleNes al least for the present to he
standard types Of pursuit lombard
ment and observation machines 1t
has not been considered hest under
present conditions to take action 10
reconstruct these $40 planes which
would need to he reconditioned
Evening star., 1925-07-11
CAFRITZ
First Mortgage Notes

Will satisfy your wants in every
detail. We invite your inquiry
concerning our investments, which
are now paying 61s %. Write for
booklet.
c. l.. O'Donnell, Mgr.
Mortgage Department
Evening star., 1925-07-11
BANK CLEARiNGS MOUNT
STEADILY IN BALTIMORE

Special Dispatch to The Star.
BALTIMORE, July 11-Recent
figures compiled by the Baltimore
Clearing House show that bank clear
ings in this city have been mounting
consistently TO higher figures.
During the week ended July 9,
clearings of Baltimore banks amounted
to S130, $50 900 an increase of 15 per
cent compared with the similar week
last year.
During the first half of 1925 local
bank clearings aggregated S2.742 ,S70-
600 compared with a previous record
high total of S2.495. .114,000 in the
same period during 1924. This repre-
sents an increase of 9.93 per cent over
the 1924 six months total.
June clearings increased to an inn
pressive extent, totaling S525, ,967 1893
as against S401, 421 ,529 a gain of LOS
per cent.
Evening star., 1925-07-11
EVERYMAN'S
INVESTMENTS
BY GEORGE T. HUGHES.
The Credit Unions.

There are now q States with credit
union laws, three of them, Iowa. Mimi
esota and West Virginia having
enacted the necessary legislation this
year. The spread of this movement
has brought out discussion as to the
difference between the Morris Plan
Banks and the Credit Unions. Both
institutions are organized to meet the
need of small loans to borrowers who
otherwise would have no credit IA
cilities. Both are effective agencies
to combat the loan shark"
The Morris Plan Bank, however,
operates in a distinct field from the
Credit Union. The banks get their
capital from individual investors, who
buy stock on which they are paid
fair dividends in order to supply
money to be loaned to individual bor-
rowers outside this group of invest.
ing members. The Credit Union is
entirely cooperative and is organized
within and loaned to a specified and
limited group. To be d member of a
Credit Union one must own a share;
to be a borrower one must be a
member while all the profits go to the
members themselves and none to out
siders.
The Credit Union always begins on
a very small scale, and the only re-
sources it ever has is the money it's
members save. In this way the Cred
it Union becomes a great encourage
ment of thrift. Its members work
out their own salvation, and the safe
ty of the plan depends in great meas
ure upon the personal acquaintance
which the union officers have with
their member borrowers. In addition
they have the support which comes
from supervision by the State bank
ing department.
The Credit Union does not serve the
general public. 1t leaves that field
to the Morros Plan Bank. and there
is room for both even though the
Credit Union should grow even more
rapidly in the next few years than it
has in the past,
Copyright. 1925D
Evening star., 1925-07-11
charter No ss6 REPORT OF CONDITION
DISTRICT NATIONAL BANK

in the District of Columbia,
Evening star., 1925-07-11
BUTTER MARKETS FIRM.
Price Levels Maintained During
Week-Trading Lacks Snap.

CHICAGO, July IL LP.-All butter
markets at the beginning of the week
were in a firm position with opening
prices about half-cent higher than the
close on Friday last Eastern mar
kets were apparently in the tirmest
position as prices made a further ad-
vance on Tuesday, which with the
exception of New York was we'll main
tanned throughout the week.
More confidence was shown in the
market and many operators felt that
present price levels would be main
tanned throughout most of the present
month. In spite of this feeling, how
ever, trading lacked snap and was
far from being satisfactory.
Buyers for storage were conserva-
tive as to prices paid and volume of
purchases. and there was practically
no speculative buying as operators
could see but little opportunity for a
quick turnover on purchases.
Evening star., 1925-07-11
DIVIDENDS.

NOTICE TO ACKNOWLEDGEMENTS WOOD
rldge-L -Langdon Savings Commercial Bank
has declared a 3 60 seml-annual dividend on
its capital stock, payable July Is. 1925. to
shareholders of record as of July /. 1925;
Books for the transfer of stock Will be closed
from June 80 to July / x. 1925 inclusive.
FRANk N. HATLEY. Secretary.
Evening star., 1925-07-11
Periodic Statements

of a banks condition enable
its public to gauge the institu-
tion's progress and to pass judg-
ment upon its strength and the
soundness of its policies.
The Union Trust Company
of the District of Columbia takes
satisfaction in presenting this
report, as follows:
Evening star., 1925-07-11
Oil Stocks Ignore
AdUdnce in Price
In Midwest Field
BY the Associated Press.

BY the Associated Press
NEW YORK, July 11.-Oils
made practically no response dur
ing the week to an increase in
midcontinent crude reports and
the publication of statistics show
ing the fifth consecutive weekly
decrease in the daily average of
gross crude oil production. Vague
rumors of the discovery of new
oil fields had a restraining effect
on the buying of those shares. In
dependent Oil and Gas fell back
sharply on the announcement of
the dissolution of a syndicate that
had been operating in that stock.
Evening star., 1925-07-11
Reserve District No 5.
REPORT OF THE CONDITION
OF the
MERCHANTS BANK
AND TRUST
COMPANY

Az Washington, in the District of Column
6ia 6ia at the close of business on June 50,
Evening star., 1925-07-11

. AOehs . vA ~ o. AV-oo
unsecured S245 70 - 500 90
A. U. S. Government securi-
ties owned all other
United States Govern
ment securities tinclud-
ing premiums, if any 332. .7s7 so
ties, etc, ,.'.'.e',',.., -' 421 .527 90
g. Banking house furniture
and fixtures ........ 10000 90
8. Lawful reserve with Fed
eral Reserve Bank 1S6,4lS %
8. Items with Federal Reserve
Bank in process of col
lection ......... 1881 10
10. Cash in vault and amount
due from national banks 16o,1s7.47
IL. Amount due from State
banks. bankers and trust
companies in the United
States tother than in
cluded in items B. o and
10) ....,......... 9.S53.l2
IL. Exchanges for clearing
house ..,....... 66.o27 90
10. Checks other banks in
the same city or town as
reporting bank (other
than item l2I .-.,...,. 1924 SO
Total of items o. 10 IL
10 and IL $3.50 394 OF
II. b Miscellaneous cash items 17o.7o
l6. Other assets ........... 145,20
Evening star., 1925-07-11

RESOURCES.
/. Loans and
d counts
in uding
rediscounts
aeceptances
of other
banks and
foreign bills
of exchange
drafts
sold with
Endorsement
of this bank
except
those shown
in b and cl 81 o651l
b AcceptanCes
of ot h err
banks dis
counted 100000
Evening star., 1925-07-11
Query che Promoter.

Determine how much of his own
money the promoter is putting into
his scheme before you decide to risk
yours Don't take his word for it
make him prove IL.
Evening star., 1925-07-11
Charter No. 1876.
Reserve District No. s
Charter
REPORT CONDITION
Federal American National Bank

At Washington Columbia close of b.
5 1925
Evening star., 1925-07-11
Charter No 4107 Reserve District No. g.
REPORT OF CONDITION
. NATIONAL CAPITAL
BANK

At Washington, in the District OF Columbia.
at the close of business June 80. 1925.
Evening star., 1925-07-11
TIRES HELD LIKELY
TO REMAIN HIGH
Rubber Expected to Advance
Further-Half Years
Profits Excellent.
BY J. c. ROYLE.
ecial Dispatch to The Star

Special Dispatch to The Star.
NEW YORK, July Little en-
couragement for the consumer of tires
and rubber goods was seen today in
the action taken by the American Rub
Der Association to curb production and
so check the advance in the price of
crude rubber. A still further advance
in tire and tube prices is anticipated
by some.
The association has determined to
cut down the number of sizes and
styles of tires manufactured. exercise
more care in the conservation of the
supplies on hand and abolish the plan
for Spring dating The latter is the
practice by which dealers have been
accustomed to buy tires in the FAN for
delivery in the Spring, and its discon-
unuance is expected to tighten the ne
cesSitY of manufacturers to stock
crude rubber heavily.
Britain Has Monopoly.
The manufacturers claim that Eng
land has a virtual monopoly of the
supplies of crude rubber and by the
Stevenson restriction act has taken a
stranglehold on the tire and rubber in
duStry of this country. Some CON
sGmerS pointed out today however,
that the manufacturers were attempt
ing to use exactly the same weapon
OF which they complain, namely, re
StriCtion of production. The burden
these consumers assert, has fallen not
so much on the manufacturers as on
their customers. Most makers already
have made three price advances rang
ing from to Is per cent each in their
products.
The manufacturers claim that the
Stevenson plan was inaugurated to
stabilize the price of rubber on a fair
level and that il should be confined to
that program. They point out the De
partment of Commerce reports show
the cost of crude rubber production is
l6 10 II cents pound and that the
Stevenson committee in establishing
the plan fixed 70 TO 26 cents a pound
as a fair price. Since the unforeseen
demand due to the popularity for bal
loon tires made its appearance, rubber
has risen to nearly 81 a pound and
the American manufac acturerS say that
the Stevenson committee is making no
effort to exercise the powers with
which il is provided to keep the price
within the original range.
Profits Are Excellent.
It is generally conceded that the
profits of the manufa acturerS for the
first half of this year were excellent.
Demand still continues exceedingly
strong, and some makers are urging
their distributors not 10 buy more
than normal requirements for fear of
sending rubber prices even higher and
raise prices on themselves and the
public.
Indications either here or abroad,
however. do not hold out hope for
any considerable and immediate re
duction in prices, and. as was stated
above, a further advance is expected
in some quarters.