Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-07-19
JAPAN'S PREMIER
|SF|NANCE EXPERT
Hamaguchi Has Been Twice
Named Minister-PopuIar
With Masses.
By JOHN r. SINCLAIR.
pecial Dl,patch TO The Star,

BIZ JOHN r. SINCLAIR.
Special Dispatch to The Star.
NEW YORK, July 19.--Japan's new
prime minister. Yuko Hamaguchi. leader
of the Liberal party, which has 100 seats
in Parliament out OF total of 466, Is
the third untitled prime minister of
Japan.
The new prime minister, an econ
omist, student Of business and finance,
was twice minister in previous cabinets,
and is very popular with the masses in
Japan. His one son, graduate of I'm
perial University of Toxic, jiu-jitsu in
tercollegiate champion of France, fond
of outdoor sports, is at present a re-
search worker in the New York branch
of the Bank of Japan
Japan's foreign minister, Shidehara, Is
the former Ambassador to the United
States, well-known in Washington: while
the third of the big members of the
cabinet-the minister of finance. J.
Inouye-is one of the mcSt liberal mind
ed Of Japan's international leaders.
He has been a banker, has often visited
the United States, is an international
banking expert and has been governor
of the Bank Of Japan.
1t is expected that as result Of the
change In Japan's government, more
compromising attitude towards China
will result, and Japan's interests in the
soon-to-be-calledn naval reduction con-
ference will be felt On the side OF
reduction.
And If japan Is asked to become the
arbter of the present serious Russian
Chinese dispute, her new government is
well prepared for the task.
Ernest K. Moy Of China, who repre-
sents the Kuo Min News Agency, pre-
sided as gracefully as any American
could at the dinner given in New York
by the Association of Foreign Core
spondentS to the foreign journalists,
who are leaving America tonight. after
| SPENDING two months visiting all Sec
lions of the country. under the auspices
of the Carnegie Foundation.
international friendship and good
will are built up by friendly co-opera-
ton and spirit Of frankness." said
Mr.. Moy. mo one has mere RESPONSE
bility To the great masses of people in
the world than has the journalist. who
reports on the news of one country to
the peoples of another. 1t is no new
thing for journalist to do what he
can for the sake CT international peace
and good will That's his business. if
he is real journalist"
Mr.. Petro Pet-idis Of the Argon Of
Athens. Greece, in responding, made
this statement:
I'VE have been a5tonished at what we
have seen in this wonderful land of
dreams. Your material foundation is
secure. Certainly if any foundation of
that kind in the world is secure, yours
is. Now. what's next? asked bust
ness man in the West, reported to be
worth s<0,000.000. who was working as
! hard now as he did when he was max
ing his FIRST million, why he continued
to 90 1t. Why because it's my life he
said. To a foreigner, such a state
ment is hard to understand. Why does
your American business man keep on
making more money when he has
plenty? Your present generation OF
| business men have wrought miracles,
making the desert blossom like a rose.
Perhaps the next generation will not
emphasize the same kind of work, but
will carry America forward to new and
| greater heights.
What will American civilization be
| like hundred years from now? /. for
/ one. would like to return and see"
That's the only way to find out.
Alonzo s. Parham, 20, of Chicago. the
Military Academy. at West Point. in ii
years. has focused the attention of the
country again on Americas outstanding
military school.
All West Point cadets are first recon-
mcnded by their Congressman to the
President for appointment. No one can
apply direct for entrance. no matter how
much interested in military affairs he
may be.
Ha he lot
Point until he graduates all of his ex-
penSes are paid by the United States
Government. 1t is estimated that the
cost to the Government of making an
Army officer out of each West Point
! cadet is exactly Sl9,9S9
One Congressman suggests that the
Government take an equal number OF
| men and women and put them through
a course of training preparing for peace.
and spend exactly as much on such
training as Is now spent per capita at
West Point.
Motion picture thcaters were the
first relief" stations from the fiery
blasts of the Summer heat About three
years ago their owners began installing
for Summer use air-cooling machinery
to regulate temperature.
And business. which normally fell off
in the Summer. expanded to remark
able degree. So instead of using it in
only the larger theaters. the work has
gone on until now there is hardly city
in the United States but what has at
least one, and some many, air-cooled
theaters.
In this innovation the motion picture
industry is far in the lead. Other bust
ness has been slow to adopt it.
But this Summer the r. H. Macy Co..
one of the large department stores in
New York. has installed similar cool
ing system for its basement and first
floor 1t is an experiment, but the
crowds shopping there during the re-
cent hot spell would indicate that it Is
proving both practical and profitable.
Undoubtedly other progressive depart
ment stores throughout the Nation will
follow suit.
Will Office buildings be next-some
already are experimenting-and then
homes?
THE air-cooled home. making it de-
lightful and comfortable in the hottest
day in Summer. will be reality before
many years" said 3. J. Dahlberg. Chi
cago building supply manufacturer, in
discussing this subject.
(Ccpyright. 1929. by North American News
paper Alliance.)