davidaulloa/AmericanStories huggingface dataset:
Evening star., 1933-12-19
Extension of X. F. C.'s Lending
POlUer to Be Asked Con gress
Jones States Another Billion Is Needed
as He Studies Ways to Make Direct
Loans to Industry

had sold the corporation stock valued
at $685., 100000.
Idea Gains Strength.
The idea of making direct govern
mental loans to industry to increase
pay rolls and activity, receiving seri-
Gus administration study, has gained
strength because of the lack of new
corporate and bank financing from pri-
vate sources.
Ordinarily hundreds of millions are
lent to business and industry annually
in long-term bonds or common stock
issues. Shorter time bank loans have
totaled similarly huge sums. This
year. however, corporate financing is
relatively negligible and bank loans are
low
Some advocate the use of Govern
ment funds on large scale to furnish
an immediate supply of purchasing
power on a large scale, without pri-
mary regard to the actual need of the
industry. Others urge Federal loans
simply to the extent needed to supply
normal needs.
Two Points of View.
In the first case the proponents view
the scheme as an artificial energizer,
d. BuAlS lIldI IL Is UeCtSSdTy 10 SldTl
the movement of the slow-to-start but
quick-to-accelerate heavy wheels of in
dustry. In the second case, it is argued
| that the wheels will start with only a
normal push, combined with the other
stimulative forces being used by the
Government.
In either case. attention is being
turned to the lack of capital. Private
statistics show that new corporate
| financing in October this year was but
100000, compared with $1,000 ,00C
last year; the huge total of S676 900 .OOO
in 1929 and the more normal s27o, o,oOo,-
00) in 1926.
Railroad issues have been light both
this year and last. In October of both
years there were no new rail issues
Public utilities foated no issues in Oc-
tober this year, against 100000, 900 in
October. 1882
Building issues, ordinarily employing
long-term bonds, were not offered in
either October of 1888 or 1882. These
have shown relatively steady decline
since 1926.
Bank loans for shorter terms have
been light also-bankers say because
good borrowers are not seeking funds,
critics say because bankers are too
particular
Evening star., 1933-12-19
ELKTON MARRIAGE
RESULT OF ROMANCE
Father of Mrs. Bowen S. Crandall
Says Couple Had Known
Each Other Long.

The marriage at Elkton, Md, Satur-
day of Bowen S. Crandall, "a, former
University of Maryland student, and
Clare Cooke. 20. daughter of Rev. Mr..
Henry Teller Cooke, rector of All Saints
Episcopal Church. was described this
morning by Rev. Cooke as the fruition
OF a lengthy romance. He said the
young couple had known each other
for eight years.
The bridegroom has long been active
IN the work of Mr.. Cookies church
and Is highly thought of by the clergy
man.
Mr.. Cooke said the couple had dinner
at the home Of the groom's parents. at
2l3 Raymond street Chevy Chase, Md
and there decided to be married. Ac-
companied by Mr.. and Mrs Crandall.
they drove to Elkton and the ceremony
was performed. with the grooms father
acting as best man, Mr.. Cooke ex-
planned.
Evening star., 1933-12-19
RESTRAINING ORDER
DISSOLVED BY COURT
Temporary Injunction in Kauff-
mann Divorce Case Is Ended
by Justice Let's.
Justice F. Dickinson Let's yesterday

Justice F. Dickinson Let's yesterday
signed an order in District Supreme
Court dissolving a temporary injunction
against Philip c. Kaufman, which
had been issued at the request of Mrs.
Sylvia B. Kaufman in connection with
a petition filed here by her for limited
divorce.
While the temporary injunction was
in effect, it prohibited The Evening Star
Newspaper Co.. the National Savings &
Trust Co. or the trustees of the estate
of Louise Kaufman Simpson from
paying any money to Mr.. Kaufman.
In his answer to the divorce petition.
Mr.. Kaufman made general denial
of the plaintiffs allegations. asserting
that in fact she deserted him year
before he went to Reno, New, in 1929.
where he was subsequently granted a
divorce He also filed counter COM
plant through Attorneys James S. Eas-
by-Smith and Frank S. Easily Smith,
accusing his wife of misconduct.
Evening star., 1933-12-19
ITALY LOOKS TO ARGENTINA.
Hopes to Combine Reform Suggestions
on League.

GENEVA, December 10 P.-Italy
may get her sought-for chance TO re-
form the League of Nations through
the medium of a South American
nation, Argentina.
A league official said today that
Italy would have great opportunity to
dovetail her reform suggestions into an
Argentine request that the Rio de
Janeiro anti-war treaty, sponsored by
Carlos Saaverda Lamas, Argentine
Minister of Foreign Affairs. be studied
by League of Nations commission.
The commission, assigned to har-
monize the League of Nations covenant
with the Kellogg BRAND anti-war pact,
has as its reporter an Italian member.
The official agenda for the council
meeting to be held January IS and at
which Argentina will take the seat to
which she vas elected at the last
assembly, shows that the South Ameri-
can nations recommendation is the
most outstanding question TO come be-
fore the body
Twenty-three ether questions will be
studied, among them being listed at
present the status of the war between
Paraguay and Bolivia Dispatches from
South America, however, indicated
today that the war may be ended
permanently before the council meets.
REPORTS ON HITLER Talk
Evening star., 1933-12-19
SEEKS ROOSEVELT
/. AID FOR SURVIVORS
Master of American Vessel
Burned Charges Consul
Refuses Help.
BY the Associated Press.

BY the Associated Press
YARMOUTH, Nova Scotia, December
ia request for assistance in provid-
ing clothing for his rescued seamen has
been sent to President Roosevelt by
Capt Albert Hines, master Of the Amer
lean schooner Ellen T Marshall, which
burned off the Nova Scotia cosat, it was
learned last night.
The Schooner'S crew Of rs took to the
sea in dories when flames enveloped her
Friday night. Three were drowned.
Council Refuses Clothing"
Grew Of % men of American fishing
schooner Ellen T. Marshall landed Var
mouth after ship burned" read the cap
tain'S message.
Consul refuses necessary clothing
men actually need. We ask your assist
ance in directing that consul supply
clothing needed. Men had only what
they stand in and this is hard and dry
from over 48 hours, soaking in sea
water. Help needed at once.
Three of crew dead on Seal Island. "
American Consul Mckinney declined
W NAoSu . tAlC olGudllOll Will newspaper
men.
L expect the matter will go to Wash
1ngton," he said. but in the meantime
l have nothing to say"
Boat Upsets, Drowning Trio.
Eight of the fishermen were picked
up by the steamer Lars Kruse Saturday
morning. Eleven landed near Var
mouth. Three were drowned when their
boat overturned off Seal Island, but
their dory mate was rescued by fisher
men: Later Saturday, three others
reached the island safely.
Tonight l9 of the survivors were in
Yarmouth, clad ir the fishing togs they
wore when flames drove them from
their ship.
The eight landed at Port williams
last night by the Lars Kruse arrived
today.
Evening star., 1933-12-19
BAND CONCERT.

BY the United States Soldiers Home
Band at Stanley Hall, this evening, at
$50, John s. M. Zimmerman, band
master; Anton Pointner, assistant:
March, "The Spirit Of independence"
Holzmann
Overture, "Orpheus In Hades."
Offenbach
Suite rustic:
cabin Song" (from the Cotton
Fields NEUTRALITY-SUSPICIOUS.. White
"Twilight on the Farm. ..... Lake
Dance at the Huskin' Bee. Lake
Scenes from musical comedy, blue
Paradise" .................R .Romberg
Spanish fox-trot, "Adios Mia Seno-
rita" Zamecnik
Waltz song. It'll We Meet Again"
(Requeste0 ...............W Whiting
Finale. "Solid Men to the Front" Sousa
The Star-Spangled EaAEcr."
Evening star., 1933-12-19
By the Associated Press.

By the Associated Press
An extension of the lending powers
OF the Reconstruction Corporation for
at least another year-and a bolstering
of its depleted Golfers with more mil
lions-will be asked of this session of
Congress by the administration.
Jesse H. Jones. chairman Of the cor
poration. held the view today that as
much as an additional billion dollars
in lending power should be given his
gigantic corporation.
The lending authority Of the R. F. c.
expires next month. The corporation
Is now engaged in carrying on the gold
purchases in the administrations new
monetary policy, and for this reason
alone it was considered virtually certain
that President Roosevelt will ask its
continuation.
Jones also estimates the corporation
could use about $500 900 900 in its job
of opening closed banks and reenforc-
ing the capital structure Of other bank
ing institutions.
Detroit Bank Gets Loan.
The r. F. C. chairman said the effort
to thaw frozen bank deposits already
had accounted for loans of around
$54O, 100000 for the purpose of making
payments to depositors. Only yester-
day the Guardian National Bank of
Commerce of Detroit received a SIS ,0o0,-
600 loan.
Meanwhile, the corporation today
continued its study of the possibilities
/ OF making loans direct to industry. The
previously arranged N. R. A loan plan
under which business men needing
money would form mortgage companie.
in their own communities in order tc
circumvent the present ban against
direct loans, has not proved successful
Jones indicated Congress might be
asked to change the basic law to allow
loans to industry.
Three months ago, after a conference
at the White House between Jones and
the President it was announced the cor
poration would speed the work of liqui-
dating banks and hoped to thaw out al
least billion dollars of their remaining
assets.
At the same time the corporation
began pushing campaign to get banks
to sell it preferred stock and capital
notes in order that they might have
ample cash to mset credit needs of their
communities. Until yesterday 2,443
banks, including $500 which are not
members of the Federal Reserve System
Evening star., 1933-12-19

The Ways and Means Committee tax
situation is fair first example OF what
usually happens when Congress comes
to town. The Congressman naturally
think they know how to write tax laws
better than the Treasury experts and
are trying to ditch the Treasury plan.
Regardless of which plan is best, con-
fusion and squabbling always result. In
this case the Treasury plan probably
will prevail in the end.
Fred Hone of the Consumers
Council recently recalled that
aDhen he ,Uas boy it tDas dis
grace for anyone to accept char
itu. but he had not heard the iUord
"charity' mentioned in siI
months.
Some one asked q Midwest Senator
recently how things were in his State,
saying "You don't hardly get the neces-
sites of life out there, any more: do
you?" mo" replied the Senator. "and
what you do get is hardly fit to drink. ="
(Copyright, 1933.)
Evening star., 1933-12-19
FRENCH ASK UNITY
| AGAINST HITLER
Vote of Confidence Will Be
Sought on Refusal of
Arms Demands.
By the Associated Press.

By the Associated Press.
PARIS, December 19.-The French
government prepared today to marshal
the entire country behind its refusal
to accept the armament demands of
Chancellor Hitler Of Germany by ask.
ing a vote of confidence before the
parliamentary new year.
An overwhelmingly favorable vote
was predicted, approving the French
and little entente stand that Germany
may not increase its armaments by
action outside the League of Nations
from which 1t resigned this year.
War chiefs, including the marshals
and generals, in the meanwhile will
meet as a council of national defense
with Edouard Daladier, minister Of
war; Aubert Sarraut, minister of navy,
and Pierre Cot, minister Of air, to re-
view the Franco-German military sit
uation.
The council is expected to advise
Premier Camille Chautemps to provide
Tor armed soldiers and that further
French concessions to Germany are
impossible, the only hope for eventual
agreement resting upon broad conces-
sions by Hitler.
Sir John Simon, British foreign sec
retary, who is to arrive in Paris Thurs
day for conferences, is expected to at
tempt to moderate the French and
little entente flrmness, but Joseph Paul
Boncour, French foreign minister, al
ready has committed the cabinet TO
vigorous opposition to legalizing Ger
man re-armament except through Ge-
neva, under strict supervision.
Evening star., 1933-12-19
WOMAN REFUSED SIS INSURANCE
FOR GALL STONES RUINED IN MAIL

stone operation and she wanted to be
very sure that her friends saw the
stones. =.
So she mailed them back home parcel
post and insured them for S.. In the
Christmas rush, however, they became
crushed en- route.
The woman put in claim Tor the
full insurance. ThuraS ruled tnat the
stones have only sentimental value
and that the woman cannot collect.
She has appealed the ruling to Wash
ington, ThuraS said.
Evening star., 1933-12-19
Places Burden on Consumer.
PLAN ART EXHIBIT

three-week exhibition of Indian
tribal arts, beginning today and ending
January Z. was announced by the In
ternational Art Forum.
The exhibit at the Forum Studio
164O Rhode Island avenue, will be open
to the public from / to pm. daily
except Sunday, and every evening from
to 10 pm, including Sundays.
Only handmade article, such as jew
elry, paintings, pottery, rugs, baskets
etc, are included in the exhibit, which
is part of the Exposition of Indian
Tribal Arts, Inc, collection.
Evening star., 1933-12-19

That is language the Greeks under
stand. Their exports to us amount TO
less than $l0000,000 annually in cur
rent bad exchange times, but $4,000
600 Is important to them.
simultaneously, the Greek Minister
here was seen in State Department
corridors seeking good quota for Greek
wines. He noted that he was unable
to get any consideration.
II he 1OaS not told outright he
7UGS at least led to believe the
InsulL case had q bearing on
trineS.
Within three days after the tempo
rary wine quota list was given out,
Greece announced its decision to re-
linquish insult.
Roosevelt Becomes Skipper"
Just call Mr.. Roosevelt skipper" All
the inner circlers do in private.
They hit on that accurate personal
title because of Mr.. Roosevelt'S manner
of issuing orders. He acts as if his gov
ernmental associates were the friendly
members of the crew of his yacht, and
they generally respect him in the same
way.
You may recall that Mr.. Hoover's
inner associates formerly called him
the chief"
johnson Speeches Curtailed.
There will be fewer public speeches
from Gen. johnson hereafter, and fewer
national radio appearances.
That much seems to have been de-
cided upon between johnson and the
White House. but the reason is not
clear. Probably the time for speech
making has passed. The general has
plenty else to do.
1t is generally understood inside that
any one who wants the general to
make a speech now should first get ap-
proval from the White House.
JohnSon's literary secrets rere
exposed in that Consumers Coun-
Gil meeting recently at the White
House. The exposing tcdS done
By his c0nSum inner aide, Mary
RumSey.
She told the assemblage that when
the general was at West Point he wrote
short stories. He turned out lot of
them and they were good enough to
make him believe he might have fu-
ture in the short story field.
But the point she made was that the
eral in the N. r. A. campaign is taken
from these old stories. They reeked
with "neanderthalers," "chiselers" and
crack downs"
Wallace Steps on Toes.
Agriculture Secretary Wallace stepped
on the toes of consumer workers at that
White House conference He thought
the efforts of the Government SO far
in that respect had not been effective
and said so. He described the work
as mostly of the club-study-group type.
Wallace must haze seen the
looks on the faces OF the Club
Uomen there assembled. because
he fastened to add:
But that is all to the good,
it's all to the good"
Director Douglas of the Consumer
Council movement said he would soon
have 31O0 local councils created on a
strictly non-political, non-partisan
basis.
One of the local council women
nudged her neighbOr and whispered.
1t isn't true; they only appoint
Democrats
If DR.. Douglas had heard her. the
meeting might have become more lively.
He is sincerely trying to keep politics
out of his outfit You will know the
answer shortly when names of local
councillors are announced.
You rarely see a dry lobbyist in this
town any more. They overran it 10
years ago. The other day F. Scott Nc
Bride (Anti-Saloon League) walked into
the Ways and Means Committee, and no
one recognized him.
Evening star., 1933-12-19

BY the Associated Press.
MINNEAPOLIS, December 19.-The
price of gall stones has risen.
Inside the body. they may be worth
81 900 to have them out, but once out,
they have only sentimental value.
So ruled George Thuras, in charge Of
adjustments of parcel post claims at the
post Office here.
A Minneapolis woman. he revealed,
went to Rochester. Mimi, for a gall
Evening star., 1933-12-19

sl,oOOOOO In cash and s5,OOO,OoO in Sc
curities.
A year later, in December, 1881, he
said, Ford lent his credit to the
group company on loan of S2,5OO,OOO
With the Continental Bank in Chi
cago."
A year afterward, in December, 1882,
the witness added. the Ford Motor Co,
which was used to lift out of the
Union Guardian Trust Co. $3,5OO,OOO Of
criticized assets"
Among the actions Lord described
were:
Making good of defalcations amount
ing to $3,595 900 in the Union Indus
trial Bank of Flint, by c. S. Mott from
his own resources.
A loan by Mott of his credit to back
$2,500,000 loan.
Loan of credit to the extent Of ST.
100000 by irectors of the Guardian
Detroit group, Of which Lord said ST.
100 900 was used.
Purchase from the Guardian Detroit
Co. by a small group of stockholders of
1890 group shares at $3.50 a share or
a total of $3,384,00
Subscription by certain stockholders
W Oo,ooo oidICS Vi SIOup SLOCk AT
cost of more than 81 900 900.
Advance of $400, 900 in cash by stock
holders to purchase certain of the in
ventory Of the Guardian Detroit Co., to
provide funds for reduction of that
company's loans.
Admits Making Mistakes.
Admittedly the institutions in the
Guardian Detroit Union group made
many mistakes" Lord said, but to the
best of my personal knowledge" they
were mistakes of judgment"
Broadly speaking, the greatest mis-
take of the group was that it was or
ganized at the peak of the Nations
prosperity-that we, along with others,
were unable to foresee the conditions
which were to follow that long period
of prosperity and expansion Of bust
ness"
The purpose of this latest banking
Investigation was described as an effort
to get at the truth behind the Detroit
banking troubles last March which con-
tributed to the national bank holiday
Just as President Roosevelt took Office
Prior to its opening. committee mem
bers indicated their study of the eroup
system of banking, as applied in De-
troit, might bring fuller INQUIRY into
bank law enforcement under tne Hoover
administration.
Evening star., 1933-12-19
FINI IIIIIIU VEVUN
uel insult They have a reason.

uel insult They have a reason
They tried every open diplomatic
means of making the Greeks release the
dethroned utility king, with no success
whatever. They sent special represent
ativeS to plead with the Greek courts
They denounced the extradition treaty
with Greece in one of the sharpest
notes that ever went out of the State
Department. All Greece did was to
shrug its shoulders and pat insult on
the back.
The tactics that later brought results
were more subtle. 1t is clear that you
can chalk the matter up as another vic
tory for our new general international
policy Of Yankee trading.
Told TO Use Pressure.
1t seems American Minister Mac
Veagh at Athens was instructed from
Washington to bring little informal
economic pressure to bear. He did
nothing official. But he let the Greek
government know in devious ways that,
if it wanted insult it would have to
peddle its olives and olive oil somewhere
else than the United States.
Evening star., 1933-12-19
Bene6t Scheduled,

FAIRFAX. Va, December 19 (Spe-
ciaD A turkey shoot for the benefit
of the Fairfax Volunteer Fire Depart
ment will be held Thursday afternoon
on the farm of DR.. F. w. Huddleson,
county treasurer, one mile west of Fair
fax, beginning at pm.
Evening star., 1933-12-19
LEAGUE Halls MOVE.

GENEVA. December 1s P.-The
League of Nations was informed Oh
ficially today that Paraguay and BO-
slivia had accepted terms Tor an
s;nrrnistice to begin at midnight
The League was informed representa-
.tives of the two countries engaged IN
ths lonr Gran ChaC0 warfare W0ulu
meet soon at Montevideo to negotiate
conditions of peace and security,
The information was contained In
cablegram from Juan Antonio Vuero'
general secretary of the League OF Ma
'Eions Peace Commission now az la faI'
Bolivia. ., Message
The message follows:
THE President of Paraguay sent 10
the Chaco Geague) Commission tel
epram proposing, first, general aruio =
stice which would begin December
at midnight and which would last unIii
tDecember 80 at midnight, and, secono
,an invitation for the commission to
conyoke Immediately a meeting OF the
bellieerents with the object OF nego-
tiatlng on conditions OF peace ana
"Boliyia has accepted. The commits
sion is convoking the belllgerentS IN q
meeting at Montevideo.
The news of the armlStlce cneereu
leaders of the League of Nations more
than anything else since the League
was formed. They regarded the news
as a proof of the usefulness OF the
League which was the more strlklng
at this moment when the League i
being most fiel cely attacked.
demonstrates League Value"
Castillo Majera. the Mexican min
lister to Paris and chairman OF the
League Council, telephoned the Asso-
ciated Press: y.
This is most wonderful news: II
demonstrates the genuine work OF the
= League of Nations as an internationa!
institution for worldwide peace.
have to pay tribute to all America
which went on record as supporting
the League of Nations in its efforts te
settle the Chaco conflict"
other leaders dwelt upon the sig
nificance of the Chaco armiStice as a
consolidation of world peace. They
spoke particularly of the usefulness OF
the anti-war pact advanced by Argen-
tina and Paraguay and Of the great CO.
operative support of the United States
The opinion was expressed that Latin
America had shown Europe that the
method of consolidation against war car
be followed and that this path might be
applied to the problem of disarmament
Evening star., 1933-12-19
FairyieW Club to Meet.

FAIRFAX STATION, Va, December
i9 Especially .-Fairview Home Demon
stration Club will meet at the home of
Mrs Ann Krehbiel tomorrow afternoon
to lay plans for the work of the coming
year. Mrs Krehbiel will also conduct
q demonstration on Christmas cake.
Evening star., 1933-12-19
PIT. A. to Hold Party.

ARLINGTON RIDGE, Va. Decemaer
~ .Speciail The Hume School Parent
Ley a.a1ae[ ;Assoclation will hold its an
7;so o'clock Thursday nisht. ' ~
Evening star., 1933-12-19
BANK TO BE OPEN LATE
Park Savings Will Close at 8 on
Thursday EVENINGS.

Thursday Evenings.
The Park Savings Bank will be open
until 9 pm. on Thursday evenings
In order to assist depositors in filing
their claims and obtaining the 5 per
cent dividend being paid, James F.
Moran, receiver for the bank, an
nounced today.
On other week days, excepting
Saturday, the bank will be open until
$50 pm. The bank will close at noon
en- Saturdays, 1t was said.