davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-06-22

research work, where he will be for
several weeks. Mrs. Mcmahon, who is
better known in the literary world as
Valrie Mcmahon, remained in Wash
tngton, where she Is engaged in writing
several childrenS stories and a novel OF
more serious and scientific material.
Mrs. Mcmahon is the author of several
ohildrenS books, which she also Illus
trates, having been adept in the model
ing OF clay before she started to write.
Lieut.. and Mrs. Willard A. Holbrook.
jr., are spending today with Mr.. and
Mrs. Wright Rumbough in their place
at Onteora, N. Y, on their way to Long
Island from East Gloucester, Mass,
where they have been guests of Miss
Blanche Stanley. Lieut.. and Mrs Hol-
brook attended the graduation exercises
at West Point before going to East
Gloucester, and after their visits on Long
Island and at Seabright NJ j. they will
come to Washington, arriving about the
first of next month. Mrs. Holbrook was
before her marriage a fortnight ago
Miss Helen Herr, daughter of Lieut.. Col.
and Mrs. John X. Herr, and Lieut..
Holbrook Is stationed at Fort Myer,
where they will live after July l.
Miss Ida La Barr Anderson, daughter
OF Capt. and Mrs. e. Hamilton Ander-
son, will sail this week from New York
for Panama, where she will visit her
former roommate at Southern College,
Miss Anna Ruth Van Bracklin.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-06-22

at a garden party Sunday afternoon
| from S to o'clock at their home on
| Upton street
Mr.. Edelin, Parks, son Of Mr.. and Mrs.
Frederick H. Parks of Hesketh street, Is
( the house guest of his cousin. Mrs. E.
| Gray Pendleton, in Atlantic City, N. j.
Mrs. G.. E. Emery entertained at
luncheon and bridge on Wednesday in
her home on Woodbine street.
Miss Alice Cohnl of Stafford Hall,
| HagerStown. Md has been the guest of
Miss Anne De Beaupre Beach on Meadow
Lane. Miss Cohill has been taking the
college board examinations of Vassar
College. Miss Beach is the guest of her
claSsmate. Miss Anne Turnbull, of Bal
timore, Md.
Mrs. Earnest Walker Sawyer and her
son Richard of Elm street left We'd
nesday for California, where they will
visit Mrs. Sawyer's son, Mr.. Norman
Sawyer, and meet Mr.. Sawyer, who is
returning from Alaska.
Mrs. Florence Goodwin Of Hagerstown
Md, is house guest for a week Of Mr..
and Mrs. Joseph B. Bowling on Harrt-
son street.
MRw. Richard Kimbell entertained at
q bridge tea Tuesday afternoon in her
home on Chevy Chase Parkway in
honor of Mrs. Stowell Smith and her
| daughter, Miss Esther Smith of Cali
| fornia.
Mr.. and Mrs Frank Cartwright and
| their son have returned to their home
after spending two weeks at the Uni
versity of Wisconsin, where Mr.. Cart
wright was engaged in research work.
Miss Barbara Moulton, daughter of
| Mr.. and Mrs. Harold Moulton of Oliver
| street, is the house guest for two weeks
| of Mr.. and Mrs. Victor Whitlock in
| their Summer home at Sherwood Forest,
Md.
Mrs. NJ. N. Little and her children Of
! Annapolis, Md, are spending the Sum-
mer with Mrs Little's parents, DR.. and
| Mrs. D. @. Davis, on Mckinley street.
/ Lieut.. Little has gone to Europe on the
midshipmen's cruise. He will return in
| the Autumn.
Mrs Robert Kline, ST., and her son,
Mr. Donald Kline of Chevy Chase Park
| way, left Sunday for motor trip
through New England.
Mr.. and Mrs. Walter Dunlop and
their family Of Oliver street have gone
to their Summer home in Bay Head
N. j.
Mr.. Burr N. Edwards, son of Mr. and
Mrs. Burr N. Edwards, will return TO
his home on Melrose street tomorrow
after a visit to Mr.. and Mrs. @, W.
Downs of Parlin, N. J.
Mr.. and Mrs. Arthur T. Epson enter
tanned at a supper dance Saturday eve
ming in their home on Rodman street
Mr.. and Mrs. Frank r. Speer OF TIL
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-06-22

fin, Ohio, have been house guests oil
Mr.. and Mrs. Luther F. Speer, 1901
Jocelyn street. Mr.. George Pavord OF
New York City is guest OF his uncle
and aunt, Mr.. and Mrs. Speer. Mr.. and
Mrs. Speer will sail June % from Mon
treaL Canada, on the S. S. Laureptic
for England and Continental Europe fol
a three months stay. They will attend
the Passion Play" at Oberammergau
Bavaria. Mr.. and Mrs. Herbert l.
MauSk viii occupy the home of Mr.. and
MS. Speer during their absence.
Mrs. Edwin M. Evans and her daugh-
ter Mary of Charlottesville, Va, were
their home on LenoX street and are
spending the Summer in their cottage
at Virginia Beach, Va.
Mrs. Wayne Dennis and her daugh-
ter Mary of Charlottesville, aV., were
week end guests of Mr.. and Mrs. Der
Temple Webster on West Irving street
Mrs. Henry Pennywitt of Pittsburgh
Pa, spent the week end with Mr.. and
Mrs. E. H. Pitcher on Mckinley street
en- route to Berkeley, Calf.
Mr.. and Mrs. George W. Lewis and
their children OF Ridgewood avenue
will spend the Summer in their cot
tage at Lake Winola, near Scranton
Pa.
Mrs. Flavelle E. Koss has returned tc
her home on Harrison street after q
visit to Boston, Swampscott and Mel
rose, Mass, and Philadelphia, ElkinS
Park and Rosemont, Pa.
Comdr. and Mrs. j. B. Earle and
their children of Bennington, Wash.
where Comdr Earle has been stationed
for two years, arrived last Tuesday tc
be house guests of Mrs. Earle's brother
tn-law and sister, Mr.. and Mrs. A. II
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-06-22
Mrs. Prindeville Visits
At Coronado Beach

Mrs. Katherine Prindevlle of WASH
ington has arrived to pass the Summer
at Hotel del Coronado. Coronado Beach,
Calf, where she has spent much time
for many years. Mrs. Prindeville. who
has many friends here, has been much
entertained since her arrival, several
luncheons and dinners having been
given in her honor She has been
Joined by her granddaughter. Mrs.
Greenslade wife OF Lieut.. John Francis
Greenslade. U. S, NJ, who has been In
the East since the departure OF the
feet from the Pacific Coast. visiting
her mother in Washington and later
passing some time At Norfolk. Va. and
returning 10 Coronado by way OF the
Canadian Rockies. Lieut.. Greenslade
is en- route TO Codonado, where he Is
stationed on the u s. S. Saratoga.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-06-22
Army and Navy Circle
Largely Represented
In Social Activities

Continued From First Page.)
Benjamin r, Cheatham, will return to-
) morrow from Virginia. where she has
been for a week or more watching the
progress on the new home which they
are building.
Lieut.. Col. and Mrs. John X. Herr
have as their guests at the Army War
College Mrs. HEIRS sister, Mrs. Taul-
bee, wife Of Maj. Joseph T. Taulbee,
and daughters, who are back in the
States from Honolulu, where Mai. Taul-
bee has been on duty for three years
Mrs. Tsulbee and her daughters will
join Maj. Taulbee at his new post at
Fort Sam Houston later in the Summer.
Capt. and Mrs. Charles S. Freeman
will give up their house at the end of
this week. Capt. Freeman having started
on the Summer cruise with the class
of midshipmen from the Naval Acad-
! ington Saturday and will spend the
Summer on Staten Island In the
Autumn Mrs. Freeman will 60 to West
Point to remain through the Winter.
Maj. A. w. Hoyt, U. s. M. C.. and his
mother Mrs. Emma Hoyt, who have
occupied the house of Lieut.. and Mrs.
j. P. w. Vest at 1T2l Riggs place. will
give up the house at the end of this
week and Mrs. Hoyt will 20 to her home
in Cleveland for the Summer. Mai.
Hoyt will join his mother later for q
vacation.
Lieut.. and Mrs Vest, son-in-law and
daughter Of the commandant of the
Marine Corps, Maj. Gen. Wendell G.
Neville, have been transferred for duty
at Annapolis, where they are established
for the Summer. Gen. Neville, who has
been seriously ILL., is still in the Naval
Hospital.
Maj. and Mrs. Richard d. Newman
will shortly give up their quarters at
Fort Myer and have taken the house of
Maj. and Mrs. Rene de r. Hoyle, near
Fort Myer, for the remainder of the
season. Mai. Newman will later take
up his new duties at the Army War
College.
Comdr. and Mrs. M. r. Pierce have
arrived in Washington from Lakehurst,
N. j., for a short visit at the Mayflower.
Mrs. Church, wife Of Comdr. Gaylord
Church, will go late this week to Daw-
son, Pa, to spend the Summer with her
aunt Mrs. Sarah Cochran, in her Sum-
mer home there. Comdr. Church will
join his family later in the season.
Capt. Bernard B. Mcmahon, who has
been on duty as instructor Of the Re-
serve Officers' Training Camp at De
PAW University, at Greencastle, Ind,
will join Mrs. Mcmahon in their apart
ment at ll07 Sixteenth street. Capt.
Mcmahon is now in Chicago on special
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-06-22

whose marriage 10 Mr.. Alfons Beau
mont Landa will take place Thursday
Mrs. Delos A. Blodgett will assist Mrs.
Stevens.
Miss Rose Carrick and Mai. Oliver L..
Haines entertained company at pic
mic supper last evening on the grounds
of the Army, Navy and Marine. Corps
Country Club, for Miss Lillian Whitside
and Lieut.. wellington Alexander
Samouce and Miss Campbell of Balti-
more and Mai Wilder, whose weddings
will take place Saturday. The guests
included the members Of the two we'd
ding parties.
Mr.. and Mrs. Norman Baxter enter
tanned last evening at dinner. when
their guests were Mr.. and Mrs. Harold
Brayman, Mr. and Mrs. Harold X.
Philips and Mr.. and Mrs. Phelps
Adams.
Mr.. and Mrs. c. j. Stockman enter
tanned at the Summer home on South
River last week the members OF the
Good VIII Club. The guests included
Mrs. p. Dulac, Mrs. j. Amidon, Mrs. A.
Harrington. Mrs. T. A. Dornin, Mrs. N.
l.. Fitzhugh, Mrs. d. w. Gould Mrs. f.
w, Garrett, Mrs. f. E. Mountioy. Mrs.
J. O. Walton, Mrs A. Wild. Mrs. M.
Trembley, Mr.. F. c.. Campbell. Mrs. NJ
Helpman, Miss Helen Campbell and
Miss Marie Walton.
Miss Francis Elizabeth Proctor, 1926
Quesada street northwest entertained
in honor Of her thirteenth birthday an
niverSary at a bridge party Tuesday
evening, The guests we're Miss Janet
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-06-22

Deibert, on Morrison street. They sre
en- route TO Newport, r. l., where Comdr
Earle will be stationed. Mr.. and Mrs.
Deibert entertained at bridge and sup
per last Saturday evening In honor Of
Comdr. and Mrs. Earle.
MRS. Harry Paul Gentner, who has
been the guest of her mother, Mrs. Alice
Ford, and Mr. and Mrs. William T. Pol
lard, returned Wednesday to her home
In Atlanta, Ga.
Mrs. Joseph Z. Angel and her daugh-
ter, Miss Margaret Angel Of West Kirke
street, left Thursday for a trip TO the
Pacific Coast.
Mr.. Z. A. Goldenweiser of Elm street
sailed June IL for Europe, where he will
spend three months. Mrs. GoldenweiSer
and her children are spending the Sum-
mer on Cape Cod, Mass.
Miss julia Hugo Of Whiteford, Md, Is
a house guest Of Mr.. and Mrs. Burton
Corning on Leland street.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-06-22

Williams, Miss Helen Detwiler, Miss
Ann Gorgas and Miss Mary Barnum, all,
Of Chevy Chase, n. G.
Mr.. and Mrs. Harold X. Philips en-
tertained at dinner In their home We'd
nesday when their guests we're Mr.. and
Mrs. Phelps Adams and the formers
mother, Mrs Adams, and Mr.. and Mrs.
Norman Baxter. The dinner was ia
honor of the second anniversary of Mr..
and Mrs. Adams wedding,
Miss Charlotte Marks will be hostess
at tea this afternoon, for which she has
issued cards OF invitation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-06-22
Early Summer Season
Marked by Charming
Society Functions

Continued From First Page)
Mack. Lieut.. Willard Lewis. Mr.. Will
liam Arnold, Mr.. Fontaine Bradley, Mr..
Page Hufty, Mr. Gwynn Gardner. Mr..
Charles MCGUIRE, Mr.. Edwin Scherer,
Mr.. Douglas Macarthur, Mrs. Prescott
Galley, Mr. Edward K. Cook, Mr.. Bow
man Macarthur, Mr.. Robinson, Mr..
Gus Frailey, Mr.. william Legg, MFR
Robert Peter, Mr.. Kent Legg, MIR. NAL
colin Macarthur, Mr.. Andrieus Jones,
Mrs Hugh Southgate, Mr.. Paul Lutes,
Mr.. Oliver Walker, Mr.. Charles Dur
ham, Mr. Thomas Foote, Mr.. Sidney
Prince, Mr.. Frank Walker, Mr.. Edward
Burke and Mr.. David Stone.
Maj. and Mrs. Ernest G.. Cullum will
entertain at tea this afternoon in COM
pliment to the formers brother. Mr.
William Cullum, of Detroit, who is
spending the week with them
Maj. and Mrs. Cullum will give up
their house the first of next week and
go to Long Island for the polo matches
before going to the majors new post
at Colorado Springs.
Mrs. Cabot Stevens will be hostess at
luncheon Tuesday, entertaining at the
National Woman's Country Club. In
compliment to Miss Mari orie Mondell.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-24
GENERAL MOTORS SHOWS
STRONG CASH POSITION

Special Dispatch to The Star.
NEW YORK, July 24.-Althouph
operations of the General Motors Cor
poration in the second quarter of this
year yielded a profit of only SLIT a
share on the common stock compared
with $2.01 share in the same period
OF last year, the company reports its
financial position as substantially
stronger on June 80 than at the END
of last year.
Alfred p. Sloan. jr., president of the
corporation. issued statement yes
terday showing that net earnings in
the second quarter amounted to $751;
1856, 1853, including equities in the I'M
divided profits of subsidiary and affili-
ated companies not consolidated. This
brought the total earnings for the first
six months. up to sos, 1855, 1855. The
quarterly figure compares with $89, 949.-
323 in the second quarter of 1929. while
earnings for the first six months COM
pare with $751;. 860.310 in the CORE
spending period of last year.
The half-year net in 1880 was equiva-
lent to sails share on the common
stock, against 1888 in the first half of
1929. The corporation earned $44, $685.
600, or SO cents a share, in the first
three months of this year, so that on
the basis of this comparison considerable
improvement is shown.
Mr.. Sloan's statement showed that the
corporation realized profit of $9.5l7,943
on the sale of 1,375.000 shares of Gen.
eral Motors common stock to the
General Motors Management Corpora
ton in the second quarter. This is
equal, after Federal income taxes and
other charges, to II cents a share on
the outstanding common stock and is
listed as a homecoming profit. With
this amount added, the otal net earn
ings in the second quarter we're
$50 963, Gal, or $I.34 share ON the
common.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-24
Washington Produce

One-pound prints. 401aa41
tub, 39a40.
Eggs-Hennery. Is; current receipts
20a2l.
Poultry, alive-Spring broilers. large
S0a32; medium, 27a28; small, 25a26;
Leghorns, 2oa22; fowls. large, "a; medi-
UNI and small, 2Oa22; Leghorn fowls
16a17; ROSTERS, Is. Dressed, shipped
in ice-Spring broilers, large, 30a32
small, 25a27; fowls, heavy, IS; small
15a17; ROSTERS, II.
Jobbers, prices: Home dressed-spring
broilers. large, 35a36; medium, 33a34
small, 32a33:: Leghorns, 26a28: Leghorn
fowls, 20a22; ROSTERS, 17a18; ducks, ga
"a; turkeys, 32a35
Meats, fresh killed-Beef, 18a21, veal
l5al6; lambs. IS; pork loin, 25a28
fresh hams, IS; fresh shoulders, 18a20;
smoked hams, 81; smoked shoulders, 20;
bacon. 81; lard, in packages, 10; in
bulk, IL.
Live stock-Calves, 9: lambs, Sac.
NEUTRALITY-SUSPICIOUS., 40a75 canta-
Ioupes, Ridgeway, N. c., 1.25a2 90:
homegrown, two-peck baskets, ITS:
one-bushel crates, 2.25; honeydews, zoo
az SO; honeyballs. 3.00a4.50; apples, 50a
$50; peaches, 2.O0a3.50 pears, Bart
let's, $50; alligator pears, and in
box, ESQ., cherries. Hood River, per box.
4.50; plumS, California, 225a2. rs:
grapes. 2.50a325; plums, 2.25 a ais:
huckleberries. per quart, l6a18; oranges,
7.50a8.50 lemons, 9.0Oal3.O0; pineap-
pies, 500: lines, per 100. $50.
getables-Potatoes 2.5Oa3 90: sweet
potatoes, yellow, 7.00a7 so; red, 4.5Oa
500; peas 500; tomatoes, two-peck
baskets, Local so. .kale ~. sninacb
75a1 90; cabbage, LOCAL rs; corn. five
dozen sacks. LOCAL. so; beets, per 100
punches, 3.00a400; carrots, per 100
punches. 300a400; string beans. 5Oa
200; okra, 1.50a2 90; lima beans, 2,50a
800; eggplant 1.25al so; peppers, 1.O0a
!.25; squash, l.00a1,50; cucumbers,
LOCALES.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-24

Sales Of Stocks New York Exchange
1880 AM....... 209. 100 1900 ...... 714Ooo
1880 PM........ 984. 200 P.M........ l22 700
Dividend given the
Unit OF trading than 100
regular rate Payable earned
In cash or stock. Plus in
Plus 2s in stock Plus stock 81 in stock Plus
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-24
BOND PRICES MOVE
IN NARROW RANGE
Junior Rails, Speculative In
dustriaIs and Others Sag
in Heavier Trading.
BY r. II. RICHARDSON


Special Dispatch to che Star.
NEW YORK, July 24.-Bond trading
increased in volume today, but prices
remained unchanged or-as was the
case with the junior rails. speculative
industrials and second-grade foreign
dollar credits-sagged little.
The opening was strong on mod
erately large overnight accumulation of
orders, induced by Wednesdays strong
market. but when these had been
cleaned up, little new buying appeared
and there was an increase in selling.
Some of it was attributable to the fact
that hundreds of quotation tickers in
New York City were put out OF COM
mission by an electrical storm and
nervous spectators sold their holdings
rather than remain in the market with
out the guidance of the ticker.
Counter Trading.
The principal index to the market was
in counter trading, and here prices were
firm and trade was brisk. New capital
issues for the day totaled only S8,00O,-
COO, of which $7,O00,000 consisted of
Mississippi Power & Light Co. first
mortgage gold bonds due December l,
1857 These were priced at IS and &C
criied interest. to yield about $50 per
cent. This is another slice of the
500, 000,000 new financing currently
being put out by Electric Bond g. Share
subsidiaries.
In listed bonds, figh-grade rails and
public utilities were the only spots OF
strength, manifested more by unchanged
prices than by advances. Canadian Pa
cific As, which touched new high on
Wednesday at 89l4; were unchanged at
the opening and continued in good de-
mand. The same applied to such is
gues as Atchison general As. Baltimore 6t
Ohio first Is, Canadian National SIS, New
York Central As, Pennsylvania 4l2s,
Southern Pacific 4i2s, Frisco A Is,
Northern Pacific As. Great Northern rs,
and Chicago. Burlington e. Quincy as.
Public utilities such as American Tele-
phone SIPS, Duquense Light 4l2s, Phila-
delphia Co. SIS. and Columbia Gas &
Electric SIS were also firm.
ConvertibIes Dull.
Convertibles mirrored a dull stock
market Texas Corporation SIS had a
small gain.
In the second-grade rail group ST.
Paul adjustments dropped to a frac-
tional net loss on the day after being
sharply higher at the opening. Rock
Island A 412s improved. Florida East
Coast SIS were up Il and some of the
Southern Railway issues commanded
better prices. Industrials like Anglo
Chilean Nitrate rs, National Dairy
Products 5l4s and Goodyear SIS we're
slightly higher Chile Copper SIS failed
10 reflect the cut in the company's divi-
dend rate Oils were steady. fractions
were fairly active.
Foreign bonds were unchanged for the
most part. German SIPS we're IA higher
and so were the old Austrian Is. The
new Austrian rs sold at their offering
price of IS. Belgian and French issues
continued strong
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-24
Baltimore Markets

Special Dispatch to The Star.
BALTIMORE, Md, July 24-Pota-
toes white, 100 pounds, 175a2 90; bar
rel, 1.25a2.50; beans, hamper, GOAL so:
beets, 100. 1.00a2.00; cabbage. hamper
65a90; carrots, 100 pounds, 3.O0a4 DO
celery, crate, 2.50a3O0; corn, dozen
says; bushel, 1.50a250; lettuce, crate,
50a1.00; onions, bushel, 75a1 90; pep
pers. hamper, 65a75; peas, bushel, 1.00a
250; spinach, bushel, LOCAL 10: squash
hamper, 15a25; tomatoes, hamper 50a
100; apples, bushel, 1.25a3OO; black
berries, quart, 10al5; cantaloupes
crate, 1.00a2 so; oranges, box, 3.75a9 90;
peaches, bushel, 200a4.00; watermelons,
100, 15.00a40.00.
Dairy Market.
Poultry, alive-Chickens. Springs
pound, 23a32; Leghorns. 17a23; old
mems: l9a24; Leghorns, l4al7; ducks
18a23; pigeons, pair, 15a25.
Eggs-Receipts, TAT cases; nearby
nrsts, 22a24; Southern firsts, d.
Butter-Good to fancy creamery
pound, 34a38; ladies, 24a25; rolls, 24s
IS; process, 29a29l2; store packed, 10.
Hay and Grain.
Wheat-No. 2 red Winter, export, 95:
No. 2 Winter, garlicky, spot, 9134; July
aI94; August delivery, 90; .Septem-
Der. "a.
& Corn-No. domestic, yellow, new
a5a96; cob corn, 4.25a4.50.
: Rye-Nesrby, 60a72.
Oats-White, No. 2, 46la; No. 3. 451a
Hay-Refeipts. none. No change In
market; continues quiet
Live Stock Market.
Cattle-Receipts, 500 head; good sup
ply. market dull and slow.
Steers-Good to choice, 800 to $50
medium 10 good. TBS to IT'S; fair u
medium, $50 to TOO; plain to fair, ST:
BullS-Good to choice, 6.25 TO $50
medium to good, 500 to 6.25; fair Il
medium, SIS to 500; plain to fair
5.25 to $50; common to plain, $50 II
500
Cows-Good to plain, SIS to 500
medium TO good, 500 to $50: fair Il
medium, 400 to $50: plain to fair, 80!
% 3.75: common to plain, ESQ to 800
Heifers-Good to choice, 7.5o to 800
medium to good, $50 to TOO; fair t,
medium. 800 to $50; plain to fair
$50 to 500; common to plain, 500 Il
$50.
Fresh cows and Springs. 1000 L
1000
Sheep and lambs Receipts, 100
head; good supply, market lower. Sheer
100 to $50; lambs, 500 to 9.25,
Hogs-Receipts, 500 head; light sup
ply, market higher. Lights. 1910 I
l0.45; heavies 900 to go; medium
1920 to 10.45: roughs, TOO to ass
light pigs, 900 TO $50; pigs 1000 :
1880.
nly snariI
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-24
BONDS STRENGTHENED
BY NAVAL PACT RATIFICATION
Action of y. S. Is Looked Upon as Further
Guarantee of Peace and Prosperity
IN European Countries.

ment in question has balanced bud
get, whether proceeds of foreign loans
will be used for military purposes and
whether the loans will be used to fos-
ter monopolies injurious to American
trade.
Benefits to Lenders.
Benefits of American lending abroad
have been numerous. The rehabillta-
ton of Europe has been greatly accel-
Grated. Hundreds of millions of Amer
lean dollars loaned to Europe have been
spent in the last 10 years in buying
American products and thereby con-
tributed to the great post-bellum boom
this country enjoyed. Foreign bor-
rowers pay high rates of interest for
loans. According to the United States
Department of Commerce, our income
nearly $500 100000.
(Copyright, 1907