davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05
RICHIE SEES END
OF DEBT PAYMENTS.
Governor Asserts Years Sus.
pension Is Step Toward
Cancellation.
BY the Associated Press.

BY the Associated Press.
BALTIMORE, Md, July Accept
ance by Europe of the Hoover plan will
mean the eventual loss to the United
States of its debts from foreign ma
tions, Gov. Albert c. Richie Of Mary
land predicted tonight
In an independence day address,
broadcast over a Nationwide hook-up.
the Maryland executive said that If
the Hoover plan was accepted There
Is no likelihood that foreign debt pay
ments under the Young plan will ever
be resumed"
German Collapse Feared.
The Hoover plan, said Gov Richie,
was based on the disastrous effect the
financial and economic collapse of Ger
many would have on Europe and then
on u.s."
THE proposal has not only brought
recognition of another thing which the
Federal Government and the people
might as well face. II the suspension
of one year is put into effect then there
is no likelihood that the foreign debt
payments under the Young plan will
ever be resumed.
The surprising thing is that we have
thought the prevailing conviction among
our people to be that the foreign coun-
tries must be required to pay their
debts to us, and yet we find our coun-
try responding favo7ably to a PROPOSE
ton which will doubtlessly be the be-
ginning of the end of these payments. +"
The Maryland Governor said that
If Germany does not pay the
repara tions to the allies. then the allies
are not going to keep on paying their
debts to u.s."
Must Not Buy Arms.
He declared that no matter what the
outcome of the debt conferences. the
effects must not be used by the bene-
fitting countries to aggrandize their
armamentS'
Speeding Of the problems presented
by the business depression, Gov. Richie
declared that the ostrich has become
the favorite political bird of the ma
tional Government" and attacked the
20-year plan preached by President
Hoover as picture of the Nation under
self initiative and self-reliance" which
already has been shown.
High tariffs as bar in the path of
nations seeking trade were attacked by
the executive.
"Of what benefit is this tariff to the
Nation" Gov Richie asked, when,
with foreign trade the only outlet for
surplus, we shut the door on nearly all
our best customers, until our export
trade fell of nearly billion dollars in
1880.
How can we expectI these nations
to pay their debts to us, If we make 1t
impossible for them to trade with us?"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05
PRESIDENT VISITS
CAMP ON HOLIDAY
Hoover Leaves ADVISERS Here
to Keep In Touch With
g. Debt Situation.
BY the Associated Press.

BY the Associated Press.
President Hoover went to his Rapidan
camp yesterday. leaving his close ad-
visers to keep in direct touch with de-
velopments In the moratorium negotia-
lions at Paris
Before beginning the 100-nile Journey
he conferred with Acting Secretaries
Castle and Mills Of the State and
Treasury Departments.
Held Conference Later.
Castle said later there had been no
change In the situation since Friday
nights discussions In Paris which re-
suited In the settlement of major Diff
ferences, but left some points still in
dispute.
After the Presidents departure, Castle,
Mills and Ambassador Claudel were In
conference at the State Department.
Mr.. Hoover had postponed leaving
for the camp, awaiting developments
from Paris. He originally planned to
go Friday night.
To Return Monday.
With him In his car was Mark Sulli-
van, newspaper writer. Other guests
preceded the President They were
Senator and Mrs. Reed Of Pennsylvania,
Mr.. and Mrs Lewis Strauss Of New
York, Mrs. Mark Sullivan and her
daughter Narcisse, Mr. and Mrs. George
Cole Scott of Richmond, their son
George. and Mrs. Evelyn w. Allen Of
Brooklyn.
Mr.. Hoover made arrangements to
keep in touch with Mills and Castle
here throughout his stay at the camp.
He planned to return TO the city Mon
day morning.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05
DEBT DELAY PARTIAL
Benefit, SAYS BORAH
Nations Urged to Restore Silver
Purchasing Price, July 4
Crowd Told.
0y the Associated Press.

Dy the Associated Press.
PARMA. Idaho, July 4.-Urging that
the leading nations of the world take
action to resto-e the purchasing price
of silvef, Senator William E. Borah
declares today a years moratorium on
war debts and reparations alone would
not bring a return of prosperity.
The chairman OF the Senate Foreign
Affairs Committee. in addressing an In
dependence day gathering. said mora
torium will only be fruitful in case we
take advantage of that year to do that
which it is necessary to do IN order to
bring relief"
The remedy he put forward was res
toration Of the purchasing power ot
silver. . movement which he DECLARED
would enhance the purchasing power of
the VOL Id. now crippled by international
action in making gold the worlds money
medium.
France and the United States now
hold IS per cent of the worlds gold
he said. leaving the balance of the
1900. 100000 people Of the world with
q scant supply of 81 cents per capita.
rs it any wonder that you have heard
every now and then the strange and I'M
natural language of revolution?"
The gold in the United States is I'M
willing to come out of hiding. he said
for anything except national securities
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05
CONDITIONS HELD
GRAVE IN BERLIN
Reichsbank Reserve Depleted
by $4,000, 900 Friday and
$7,50O,000 Yesterday.
~ the Associated Press.

BY the Associated Press.
BERLIN, July 4.-The eyes of Ber-
Inns financial world were fastened
anxiously tonight upon the continue
ton of the Franco American repara-
tions conferences at Paris, satisfactory
completion of which was being de-
pended upon to stop the melting of the
reserves of the Reichsbank.
The failure of the conferees to reach
complete accord last night had
decidedly gloomy effect here, where
every hours delay costs runs on foreign
exchanges and Withdrawals of short
term credits.
The foreign exchange reserve OF the
Reichsbank was depleted yesterday by
between $10,000.000 and $12,500,000,
and today by about $7,500.000.
The cabinet met during the day with
Reichsbank President Luther for dis
cussion of conditions, which were rapid
~ becoming like those Of June 20,
which led President Hoover to an
nounce his plan before it was generally
expected.
President Luther of the Reichsbank
was reported to have told the cabinet
that unless a solution was reached he
would be forced to restrict credits still
further and to accept no drafts ma
turing under 80 days.
If the gold cover Of paper currency
Is further reduced, it was believed, 1t
would automatically entail raising the
discount rate.
There was a prospect that, as mat
tiers stood, the general board Of the
Reichsbank might be convened Mon
day to authorize temporary measures OF
an unusual character. These measures,
1t was forecast, would permit the
Reichsbank management to lower for
o short period the coverage OF bank
notes which. by bank statutes, is fixed
at 40 per cent in gold and foreign ex-
changes. A percentage as low as 20
was being mentioned today as pos
eibility.
BY way of explanation, it was stated
that the continuous demand for foreign
exchange had compelled the Reichs-
bank to use up the entire 100000
marks resdiscount credit given it by
group of international banks OF issue
only few days ago. This credit must
be repaid July Is.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05
Text of Note on Debts
American Government Suggests That Frsnce accept
Proposal and Refer Technical Points 10
Committee of Experts.

The following h the text Of the debt
memorandum sent by the United states
Friday night:
The American Government Is pleased
TO understand that the French govern
ment 10 now In general agreement with
1t on all major questions Of principle
which have been before the two gov
ernments for discussion and concern
ing which the American Government Is
an interested party.
/. That France viii forego the re-
tention Of any payments from Germany
for the period Of one year, and that the
principle of continuity Of payments Of
unconditional annuities Is recognized
while complete relief to Germany is
afforded. We understand that this
point Is now settled by the provision
that the payments made by the Ger
man Reilway Co. to the Bank for Inter-
national Settlements shall be reloaned
to the German Railway Co. on the fol-
lowing conditions:
It Is our understanding that the
French government proposes now that
the Young plan payments which are
required of the German Railway Co.
into the Bank for International Set
Elements should be paid as for
merly and that that part Of such pay
ments which Is for distribution to the
different governments benefiting there
by Is to be reloaned to the German
Railway Co. and will be available for
whatever use may be determined by the
railway company, including direct or
indirect loans to the German govern
ment.
Terms for Railway Loan.
From this proposal we understand
that during the moratorium year the
annual contribution of $50 million
reichsmarks by the German Railway
Co. will continue to be made to the
Bank for International Settlements
through their account in the Reichs-
bank as required to be deposited
Settlements by the terms Of the
The Young plan provides for q nom
postponable annuity payable by Ger
many to the Bank for Interna-
tional Settlements to the account Of
the creditor powers amounting to 612,-
00O, 900 reichsmarks. This covers serv-
ice on the 1880 German international
loan young PLAN, but it does not
cover service on the 1874 German ex-
ternal loan Dawes loan). which Is to
be paid independently by Germany.
For the purpose of maintaining intact
the continuity Of payments on the I'M
conditional annuities, the payment by
the German Railway Co. in the year Of
postponement shall be made into the
Bank for International Settlements
and shall be on account of Ger
many's liability to make the I'M
conditional payment. Any balance of
the 6l2 000, 900 reichsmarks that may be
left after service is provided for on
the 1880 German international loan Is
to be loaned to the German Railway
by the Bank for International Set
Elements for the period agreed
upon. The loan thus contemplated Is
to be made for the account and risk
OF the creditor powers which share the
unconditional annuity according to
their interests therein. Presumably the
difference between the 100000. 900
reichsmarks and the 612, 000, 900 reichs-
marks above mentioned is to be
used on the service Of the 1924 Ger
man external loan. ut Is to be under
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05

Poland. 800 900. These payments total
S373, 500 900. Germany Is also required
to pay to Belgium $5.100,000 for losses
during the occupation Of Belgium by
Germany during the war and the in
siStence by Germany at that time that
the Belgians accept the German mark
at its full face value Of "a cents, al
though the mark was then greatly
deprecated.
The German reparations are divided
into conditional and unconditional
under the terms of the Young plan.
Germany. under that plan, may de-
clare a moratorium in regard to the
conditional reparations. but may not do
so with regard to the unconditional.
The unconditional reparations this year
would amount to $3.50 SOC, 900 and the
conditional $243, 100000.
France Sacrifices S2,o0o.0 200.
France under the terms of the Young
plan and the debt agreements she has
entered into with the United States
and Great Britain, would receive from
Germany a total of $l92, 100000 In
reparations during the coming year, and
would pay to the United States $50
000, 900 and to Great Britain $50, 000,-
600. The difference between the two,
the receipts Of France from Germany
and the payments to this country and
Great Britain, amounting to $4,000
600, somewhat measures the sacrifice
that France is making under this plan.
However, it was realized that If moth
ing were done to aid Germany in this
economic crisis she would declare a
moratorium on her reparations which
would have reduced her payments to
France to $109 900 900 Of unconditional
reparations. which would have merely
Offset the payments due by France to
this country and Great Britain. And
in addition France would be compelled,
under such circumstances to live up to
q provision Of the Young plan whereby
France would pay into the Bank for
International Settlements the so-called
guarantee fund of soc, 1000. 900 marks,
in the neighborhood of 500, 000, 900,
leaving France actually out of pocket
by that amount during the coming
year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05
BUS DRIVER HELD
ON FOUR CHARGES
Accused Was Drunk and De-
Iiberately Struck Auto,
Officer Reports.
BY a stan Correspondent of The star.

FAYETTEVILLE. Md, July 5.-Ar-
rested after his bus collided with q
policeman's car on the Baltimore
Boulevard. Frederick Reading of 900
block of Irving street. Washington. a
driver for the Capital Traction Co,
was booked for driving while drunk,
speeding, reckless driving and resist
ing arrest here last night.
Policeman Arthur Brown said he
attempted to stop the bus for speed
ing near Muirkirk. When he pulled
in front of the machine, however, he
claimed the bus driver deliberately
drove into the rear of his machine
and then sped away.
Brown called the local substation and
two other officers were dispatched up
the boulevard and succeeded in stop
ping the bus.
Reading was arraigned before Justice
of the Peace John A. Downing, who
fixed his bond at $1,000. The bus
had been specially chartered and was
carrying a crowd Of colored persons
back to Washington.
Browns car was only slightly dam
aged by the collision.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05
ALICE MARY ROBERTSON
BURIED IN MUSKOGEE
By the Associated Press.

By the Associated Press.
MUSKOGEE, Okla, July miss
Alice Mary Robertson, the Nations sec
ond Congresswoman, was buried here
yesterday, bugler sounding taps at the
conclusion of the simple rites.
President Hoover sent condolences
to Mrs Augusta Moore Of Haskell, a
sister of Miss Robertson, as did Secre-
tary of War Patrick j. Hurley and
Theodore Roosevelt Governor General
Of Porto Rico.
The services at the First Presbyterian
Church were led by Rev. w. G. Letham,
pastor. Dr. John B. Finlayson, president
of the University of Tulsa. which for
merly was Henry Kendall College, Mus
kogee, founded by Miss Robertson, Of
fered a prayer at the services.
Miss Alice" died Wednesday. She
was II wears old
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05
Debt Holiday Facts
BY the Associated Press.

os viz hooONiutCu iNGbs
Negotiations at Paris last night
produced the basis of an ac-
cord" on the Hoover moratorium
plan.
This is being transmitted to
Washington for American APP
proval.
Ofilcials regarded one point.
concerning contracts for pay
ments in goods by Germany. as
still preventing complete agree
ment.
In q memorandum to France,
Washington suggested that II
this cannot be cleared up it be
referred to a Committee Of
Financial Experts from the in
terested powers.
The memorandum revealed
that points agreed upon we're:
Unconditional annuities will
be paid into the Bank for Inter-
national Settlements and re-
loaned to the German Railway,
which in turn can make direct
or indirect loans to the German
government.
Loans amounting to $25.000,-
900 which France wished to be
made small Central Powers from
the unconditional payments will
be cared for by leans from the
central banks Of England, France
and America.
Differences over funding sus-
pended payments were compro-
missed. France asked for five
years and the United States IS
years. A period of II years was
agreed upon.
France indicated that the ques-
ton Of guarantee payments could
be dropped from the discussion
so far as the American Govern
ment was concerned.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05
SPANISH STATESMEN
QUIT MADRID TO REST
Calmer Political Situation Enjoyed
by Cabinet Before Assembly
Opening.
BY the Associated Press.

MADRID, July 4.-Cheered by the
prospect of more calm political stu
alton before the opening of the Ma
tional Assembly, members of the Span
ish cabinet left Madrid today for the
week end.
Although labor unrest continued in
Andalusia and general strike was
threatened at Coruna for Monday,
working conditions seemed generally
improved throughout the country.
The Catholic newspaper FL Debate
today attacked Minister Domingo's re-
strictions on the export of artistic treas
ures. declaring the minister was trying
to place the church in a bad light.
The paper declared the government
was principally responsible for the de-
terioration Of the country's art treas
ures through failure to furnish suficient
police protection to prevent the robbery
and burning Of religious buildings.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05
SPECIAL NOTICES.
OFFICE OF THE FIREMEN's INSURANCE
COMPANY OF WASHINGTON AND

special meeting of the stockholders Of
4hiS company is hereby called to take place
q: the ofnces OF the company, 303 It'll st.
NV, Washington. D. C.. on the seventh
9TH day OF July, 1891, at twelve (2I
o'clock noon: to consider and act upon the
resolution which was unanimously adopted
by the Board Of Directors at a regular meet
ing held on June %. 1891, for the purpose
Of amending the charter OF the company to
permit 1t to underwrite additional forms of
Insurance and to increase its capital stock.
ALBERT w. HOWARD. Secretary.
CHAIRS FOR RENT, SUITABLE FOR
BRIDGE PARTIES, banQuets, weddings and
meetings NEE III. loc up per day each; new chairs.
fS FIJI STATES. sToRAoE CO. 4is 10Th
gt. NV. Metropolitan 1914.
WHO OWES YOU MONEY? COLLECTION
SPECIALISTS No charge for services unless
collection is made. Federal. PROTECTIVE
HUREAU. 30l Bond Bids National 3o7s
GOING? WHERE? TELL Os WHEN AND
we'll move your furniture and take mighty
Sood care of it at low cost. A telephone
call will you time and trouble. NATL
DELIV. ASSN. Phone Natl 1850.
FOR RENT-SECOND-F FLOOR STORE OR
once desirable location; corner 10th B. z
Electric Power Co; entire floor; attractive
Lease terms to good tenant. Call MR.. MOTT.
49,, WANTED-LoADs .
To PHILADELPHIA PA ............ July .
TO CLEVELAND ACKNOWLEDGEMENTS. July 9
And ali points south and west. AGENT
ALLIED VAN LINES. we also pack and
ship by STEEL LIFT VANS anywhere
SMITHS TRANSFER & STORAGE CO.,
1913 You st NV. Phone North 3342-3343.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05
GERMANY TO UNVElL
BUST OF STRESEMANN
Monument to Mark Nation 3
Thanks for Liberation From
Foreign Occupation.
BY the Associated Press.

BY the Associated Press.
MAINZ, Germany. July 4.-This an
cient city on the banks of the Rhine
prepared today to pay homage TO Gus
tave Stresemann, the man Germany
thanks for the liberation Of the Rhine
land from for: ign occupation.
Stresemann died In the execution OF
his self-imposed task His memory will
be honored tomorrow when monV-
ment Of him will be unveiled here,
where for decade after the war the
French tricolor fioated.
The inscription around the bust read:
ITO the freedom Of the Rhineland," ITO
the greatness Of the German Father
land" Erected by a grateful German
nation" and I'm memory Of Gustave
Stresemann."
Among the contributors to the memo
rial are Frank B. Kellogg David Lloyd
George, Austen Chamberlain, Ramsay
Macdonald. Arthur Henderson, Aristide
BRAND, Edouard Herriot and Count
George Bethlen of Hungary.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05
BRITISH SHIPS AT KEEL
Visit Is First Since 1914 as World
War Opened.

KEEL, Germany, July 4 R.-Two
British cruisers. the Dorsetshire and the
Norfolk, newest of their type. steamed
official respects for the first time since
June, 1914, when the visit Of the British
feet was interrupted by the assassina-
ton of Archduke Francis Ferdinand at
Sarajevo in Bosnia-the event that
started the World War.
The meeting today reunited as
friends two men who fought each other
in the battle Of Jutland-Rear Admiral
T. A. Eastley-R ushton and Vice Ad-
miral Hansen, now commander of the
Baltic naval station.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05
NATIONS DUCK SUPPLY
IMPERILED BY DROUGHT
Northwest Breeding Range to Be
Studied for Remedy by q. s.
Survey and Canada.

BY the Associated Press.
The Nations supply of ducks has
become endangered by the Northwest
drought.
AS a result the Biological Survey in
cooperation with Canadian officials
has undertaken a study of the breed
ing range to determine what can be
done.
A large decrease in ducks was noted
during the last hunting season. For
several years drought conditions have
been unfavorable during the breeding
season in the Northwest. A good share
Of the wild fowl that spend the Fall
and Winter months in the United
States come from that area.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05
SPECIAL NOTICE
Springer Sanitariun

Springer Sanitarium
over 30 years treating nervous diseases
arising from abuse of alcohol or drugs. We
gradually reduce the stimulants. No suf-
ferine. 1904 Park Heights ave. Baltimore
near Pimico, Phone Lib. 1000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05

Brazil Is increasing taxes On insur-
ance premiums.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05
BASIS OF COMPLETE
DEBT AGREEMENT is
REACHED IN PARIS

Continued From First Page.)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05
SPECIAL
HOUSE MOVER.

I1OOOE WIOV Tx.
As Washington's most successful house
mover and among the many building operat :
lions have handled, have moved Is brick
and stone buildings without any damage.
Will be pleased to furnish references from
Virginia. West Virginia, Maryland and Dis
trict Of Columbia. Inspect brick house Just
moved at 37th St. and Wisconsin Ave. will
be pleased to furnish estimates. Will furnish
anywhere.
P. DUDLEY,
3S4 Van ST. s.W. Phone Nat. $40. .
HEATING EXPERTS
Repairs New Installations. Always at
your service. Let us estimate.
BUDGET PAYMENTS if desired.
J. GOD c l411 v
G. o. st. NV.
Day. Dec. 27oo-Eveninss. Clev. osls
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05
German Payments Ss73. 600. ooo.

The reparations which Germany
would be called upon to pay during
the coming year, II the Hoover plan
were not effective. are as follows:
$50, 500 900: italy, $44 800, 900; Belgium,
$24, zoe, 900; Jugoslavia, $4,000 900;
Portugal, 100000; Japan, $4,000 900;
Rumania, $1,000, 900 and 81 SOC, 900, and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05
Conference Ends at 1 Am.

1t was just before / o'clock this morn
ing that the French and American con-
ferees emerged from the conference
cnamner ana that the communique they
issued was read. Secretary Mellon and
Ambassador Edge, ACCOMPANIED bv
Councillor of Embassy Mariner and the
embassy secretary Robert Pell, walked
swiftly throuSh the crowd Of waiting
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-30
PLAY IN TWO SERIES
IN PRINCE GEORGES
Hyattsville Aims to Stop Dixie
Pigs, Mount Rainier-Lindbergh
Mines Open Fire.

EVANSVILLE Md, August 29.-
Play in two series bearing on county
championships will feature the sandlot
baee ball card tomorrow in Prince
Georges County
Dixie Pigs and Hyattsville All-Stars
will clash at the University of Mary
land in the third game, the outcome
Of which win have much weight in de-
Gliding county unlimited honors Play
viii start at 2:30 O'Clock. The barbecue
boys already have won two games.
At Mount Rainier the Lindbergh nine
and the Dora club of Riverdale will
have it out in double-header on the
Lindy Field. starting at 2:30 o'clock.
The games will open play in a series
to determine a county senior titlist
Prior to the Lindbergh games. Dor-A's
viii engage Nationwide tossers of
Alexandria on the Riverdale field at
1890.
Landover will meet Marbury Tigers
Of Charles County, Md, on the Land
over field at 8 o'clock.
BladenSburg unlimited and Junior
teams play at Kenilworth diamond
The unlin1iteds will meet Woodmen OF
the World of Washington following a
tilt between the juniors and Riverdale
A. c., starting at l o'clock.