Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-08

Washington political friends of
Senator Jim" Reed of Missouri give
him chief credit for Henry Ford s
recantation about the Jews. On the
eve of Reeds appearance as Ford's
counsel in the $1,000.O00 Sapiro libel
suit last March, the Senator's intl-
mates quoted him as saying that
sooner or later he hoped to kill the
whole anti-Semitic business out there
in Detroit" Reed indicated that II
the Jewish note was dragged into the
trial, 1t would not be from his side OF
the courtroom. Ensuing develop
ments bore out this plan. Reed I'M
mediately succeeded in having the
case tried on the intrinsic merits or
dement's of Aaron Sapiro as a CO.
operative marketing authority. the
Jewish conspiracy" feature was
forthwith and throughout eliminated.
Senator Reed was conscious that MS
appearance as Ford's advocate hao
alienated some Of his friendships
among the Jews Of the country, de-
spite their knowledge that he person
alIy hasn't an anti-Semitic atom in his
makeup. They looked upon. his
lampooning of Hefiin in the Senate
last Winter as the most effective plea
for tolerance heard at Washington In
years.
Chiefs of the Banks Of England.
France and Germany. who conferred
with Governor Crissinger OF the FED
eral Reserve Board in washington
this week, are financiers by occupa-
ton today, but none of them has long
been a professional banker. Montasu
G.. Norman, governor OF the Bank OF
England. was professional soldler
not so many years ago, having been
an officer, in the celebrated Bedford
shire Regiment. With that command
he fought CALAMITY in the South Al
rican War and emerged with d.
S. O. Norman has been boss OF the
"Old Lady of Threadneedle Street"
only since 1920. Like so many Eng
lishmen of big business. Governor
Norman is university bred, being an
Elton boy and a Cambridge man. lie
Ia q member Of the Privy Council,
which carries the title of Fright Hon
orable," but, having never been
knighted. Norman is not "Sir Mon
tagu," as he is frequently but mis-
takenly described in this country.
X 4 y x
NJ. Charles Rist, deputy governor
of the Bank Of France. and DIR. HAL
mar Schacht, president of the German
Reichsbank, are both political econ
omists by training and profession.
NJ. Rist until recently was a professor
at the Sorbonne. He is well known
throughout Europe as Il fiscal expert.
France to an unprecedented degree
holds the key to the international
gold situation, and American tinan-
ciers are more interested in the per.
sonality and views of NJ. Rist than
in those of his British and German
colleagues. DIR. Schacht Is the young
est of the Old World banking group
now in the United States, having just
turned So His title is derived from
the fact that he is PHI. d. OF Ger.
man university. His career since the
war has been meteoric. When the
war began Schacht was librarian of
one of the big Berlin banks. The
Reichsbank president was brought up
in a bit of an American atmosphere.
For many years his father was In
charge. Of the German business Of the
Equitable Life Assurance Society of
the United States.
y ~ X y
James l.. Wright. Washington cor
respondent of the Buffalo News, con-
tributes to Editor and Publisher an
amusing account of how the reporters
and photographers covering" the
Summer White House In South Da'
kota are furnishing the only wild
West note visible in the Black Hills.
Wright narrates that South Dakotans
wear fedoras ana business clothes.
while the gentler Of the species are
bobbed haired. short skirted and
modishly caparisoncd like their flap.
per sisters in the East. 1T takes the
East to give the West ita Western
atmosphere" says Wright. '"There
are more Sears Roebuck cowboys
standing around now in the Hobbies OF
the Rapid City hotels than there ever