Evening star., 1927-03-21

President Coolidge Is fond of bark
ing back his messages to Congress
whenever anybody is interested in OBJ.
tanning his views on specific questions
of continuing interest. 1t appears to
be one of his favorite ways of show
| ing that he considers consistency a
political virtue. The President is ad-
herring to the policy of recalling his
previous utterances when he is in
terrogated-as he has been lately
about the foreign debts. Mr.. Cool
idge's latest pronouncement on that
endlessly controversial subject was
| contained in his opening message to
| the late Congress in December, 1926.
He was referring to Americas un-
popularity in Europe and the sugges-
| ton that it springs from our so-called
| "Shylock" attitude on the debts. Then
1 the President mentioned the most re-
| markable and gratifying demonstra-
| ton of the sanctity with which civil
| lized nations undertake to discharge
| their mutual obligations" That
| epitomizes the Coolidge position about
debts, which, in a nutshell, Is that
| money Is hired las they say In New
| England) to be collected. On that
| homespun theory the master of the
White House STANDS unmlstakaply
pat.
| Apropos the duel between Senator
| Carter Glass, Democrat, of Virginia
| and Col. Edward M. House as to the
| honest-to-g goodness paternity or the
| Federal Reserve System, this observer
| is assured that no other than one
| Charles Gates Dawes had hand In
| the making of said law. At least,
| friends of the Vice President depose
and saw that he did When the act
| was fashioned in 1918, Dawes was
| president of his bank at Chicago, the
| Central Trust Co. Of Illinois. Robert
T, owen. then United States Sena-
| tor from Oklahoma, was chairman OF
the Senate committee on banking and
| currency, and was in charge of the
massage of the Federal Reserve legls-
| Iation in the upper house. During the
many months of conference and ne
| gotiation preceding enactment Sena
| tor owen frequently conferred with
| ives at Chicago. The Vice Presi-
! dents admirers are authority for the
! statement that many vital feature
| of the act, as finally written into law,
| had it's inspiration in suggestions
emanating from him. owens claims
| to the real authorship of the Fed
| eral Reserve are said to be not in
| considerable.
| Washington is full of doctors who
haven't anything to do with medicine.
| There's a certain club in the Capital
! with so many doctors among It's
members that the walters take 1t FOR
granted everybody is doctor, and be-
stow the title indiscriminately The
| distinction has it's disadvantages, as
DR.. Julius Klein, chief of the Bureau
| of Foreign and Domestic Commerce
| under Secretary Hoover, recently dis
covered About 3 am, one day last
| week, the bell at DIR. kleins house
rang furiously. Uncle Sans brilliant
| young business sleuth dashed madly
| TO the door, opened ii and found
standing there the excited colored
! janitor from the adjacent apartment
building. Doctor" exclaimed the noe
turnal caller, my baby's got the
measles, and we want you to come
right over!' 1t took some time for
Klein to explain that Phi. D. of Har-
ward doesn't qualify man to treat
measles.
Secretary Kellogg now has the ad.
vantage of some expert advice on cur.
rent crisis and chaos in China in the
presence at Washington of Edwin S.
Cunningham, since 1919 United States
consul general at Shanghai. Mr.. Gun
ninghani. one Of the veterans OF the