Evening star., 1932-03-13
CITIZENS TO PUSH
FIGHT ON BOARDING
Spokesman for Organizations
Believe Campaign Should
Extend Indefinitely.

In the local campaign against h0arQlng
came to an end last night, assurances
have reached Newbold Noyes, chairman
of the local committee of President
Hoover's Citizens Reconstruction Or
ganization. that the spirit Of anti
boarding will carry on" at several
occasions in the future
Not only do leaders in Washington's
civic life feel that the campaign has
been a good thing so far, but they
think that people should keep on talk
ing and thinking in terms of anti
boarding indefinitely.
Several presidents Of local organiza-
tions haYe communicated to Mr.. Noyes
their intention of bringing up the
matter again at future meetings, and
some special addresses on the subject
are scheduled
Lawrence Will Speak.
Among the speeches during the COM
ing week will be one by David Lawrence,
of the United States Daily, before the
March meeting of the Washington
Board of Trade next Tuesday night at
the Willard Hotel. Mr.. Lawrence VIII
discuss "Hoarding."
Mark Lansburgh, president of the
Merchants and Manufacturers ASso-
citation. announced that the board OF
governors of the chamber had formally
adopted resolution indorsing the anti
boarding movement. He felt, too. that
the campaign should continue infor-
mally into the future.
Harry King, president of the Chamber
of Commerce, said general activity 1or
bringing out idle dollars should GER
tainly continue, and he will bring the
matter to the attention of his organi-
zation for the purpose in mind OF con-
tinuing the anti-hoarding actions.
DR.. George C. Havenner, president OF
the Federation of Citizens Associations,
will bring the matter before the fedora
ton again at its next meeting, March
19, with the idea of obtaining continu-
ing interest among the nelghborhood
associations of the purposes OF the
movement.
Among the presidents of other local
organizations who have informed MI.
Moves of their intention to continue the
anti-hoarding drive among their or
ganizations to stimulate the business OF
"keeping dollars at work. are S. Percy
Thompson, president OF the Rotary
Club; Eugene R. Woodson, president OF
the Kiwanis Club; Edgar Brawner, pres
ident of Lions Club; DR.. M. l.. Town
send, president of the Civitan Club.
and Page NICK Etchison, president of
the Round Table.
Other Groups to Aid.
1t is hoped that other organizations
In the National Capital will join in the
movement.
c. H. Pope, president of the District
of Columbia Bankers Association, said
the council of administration of the
association would take up the matter
of carrying on" the anti-hoardng
movement informally at its regular
meeting this week.
"It takes time to convince people
that they ought to take their money
out of hiding" said Mr.. Pope. They
won't be in a hurry to decide to take
their money out of boarding, and after
they have decided they won't be in
hurry to put it in a place where 1t Will
get into circulation.
THE campaign has done much good.
Hoarders are just beginning to realize
what harm they have done. But we
hope that there will be much talk OF
anti-hoarding, and much discussion Of
it. in order that those who have been
impressed, but who still have their
money IN hiding, will be moved to take
it out and put it to work" :,
Many persons in this city placed
their money in baby bonds according TO
reports to the Antihoarding Commit
tee, but much money was stimulated
into channels Of trade, into loans and
banks IN addition.
Bonds Due Tuesday.
The Federal Reserve Bank of Rich
mond, in which district this city lies,
has received applications for more than
sl000,000 of the new baby bonds, ac-
cording to announcement made In
Richmond yesterday.
The bonds will be available next
Tuesday. Application blanks have been
placed in all the banks in Virginia,
Maryland and the other States in the
Fifth Federal Reserve District, West
Virginia, North Carolina and South
Carolina. The presidents OF all the
Chambers of Commerce in Virginia also
have been supplied with the blanks:
Washington banks will obtain their
bonds from the Federal Reserve Bank
of Richmond. All these bonds are be-
ing handled through the IL Federal
Reserve banks instead of applications
being sent direct to the Treasury.
Part of the applications already re-
ceived at Richmond are to fill orders
taken by the banks during the last
week from people who have been
anxious to place idle funds back at
work in order to obtain definite in
come and at the same time help to
speed up business recovery. Other
blocks are being taken by banks in
anticipation of further demand from
customers.
The radio program, which has
brought a series Of speakers to the
microphone during the week, was
brought to a close last night by Frank
]. Hogan at Station WRC and Joseph
D. Kaufman at VOL.
Mr.. Kaufman, in an informal man
ner, called on his radio public to
knock those dollars out of the hole" "
He likened the situation to a game Of
faith versus fear" and asked his lis
teners to which team they belonged
Quoting the old sentence used for
trying out typewriters, the speaker de-
clared Now is the time for all good
men to come to the aid of their party"
Men, women and children, he said,
were needed in this drive to put idle
dollars TO work.