Evening star. [volume] (Washington, D.C.) 1854-1972, 1934-12-02
Tour of England, Reich and
U. S. Reported for This
Purpose.
FRENCH CHIEFS PUSH
BUDGET DISCUSSIONS
Paris Efforts Bent on Slashing
Cost Of Living-London Spurred
by Wedding Throngs.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, December 1.-Accord-
Ing to a cable dispatch from Moscow
to Business Week the five Russian tex
tile experts who left Moscow on No
vember 26 for a four month inspec-
ton tour of England, Germany and
the United States will have as one
of their chief detectives the purchase
of textile machinery with which to
equip newly constructed Russian mills
for production in 1885. while Rus
sia's heavy industry in the first nine
months of 1884 is reported as having
increased production by % per cent
over last year" the dispatch states,
the machine building industry. which
must supply the light industries with
their working equipment, has not full
filled its share of the plan output For
1885, the plan calls for the produc-
ton of numerous new machines for
the textile industry. If they are not
produced, newly constructed mills will
be forced to remain idle.
With Russia's increased gold output
and favorable balance of trade, 1t is
not reasonable to think that Soviet
leaders will allow this to happen. Pur-
chases abroad of the necessary ma
chinery are expected. BY the end OF
1887, the cotton industry according to
| the plan. should have 100000
spindles in operation; and 246,0 900
looms. This means an increase Of O.
100000 spindles and So 900 looms. The
investment in new construction and
equipment in the textile industry will
run to $500 600, 900 gold rubles about
$4,000 ,000000) A fair share of this
will no doubt be produced at home"
Other cables and radio dispatches to
Business Week give the following sur
vey Of business abroad for the week
ending today.
French Trade Stagnant.
PARIS-"Business and the Bourse
are stagnant and greatly hampered by
the unwarranted panicky atmosphere
resulting from the discussions of mill
tary appropriations in the budget.
There is some CONSERVATION, some re-
lief. in the report that Paris and
Berlin have come to preliminary
agreement on the problems connected
| with the Saar.
Discussion of the budget is pro-
crossing rapidly under the direction
| Of the new government. All efforts
are bent on new savings which will
help to reduce the cost of living. The
public is expecting daily announce
ment that the government has aban-
doned its price -pegging plan for wheat
and substituted some method of
financing the carryover. probably
through the existing agricultural
! banks"
London Gay for Wedding.
LONDON-"Not since the coro-
nation Of King George and Queen
Mary in 1911 has London been so gay
as this week. Despite the lone but
dramatic protest in the House of
Commons over the increased income
which Britain pays to a royal prince
when he marries, the total is small
change compared with the boost to
business which has come with the fes-
Invites of the last month
Restaurants and hotels are turn
ing away thousands. Throngs have
been pouring into London for days.
Taxicabs. BUSES. trams-all are doing
rush business. Tailor shops and
dressmaking establishments have been
swamped with orders for new outfits
for the formal functions Florists
have not been so busy in months.
Gift shops are swamped with bust
ness. When the royal bride arrived
in London wearing a hat with ostrich
feathers, there was rush of milliners
to copy the style. London supplies
were inadequate to meet the demand.
London stylists are delighted at the
prospect of another and young men,
Der of the royal family who will die
tate new fashions.
THE boom is accepted with real
optimism, for it is expected to con-
tinue more or less without interrupt
ton into next year, when the country
will celebrate the silver jubilee of the
King and Queen. Hotels, theaters,
music halls, transportation services
and the retail trade look with conf
dence for a big year."
Saar Tension Eases.
BERLIN-"Tension over the Saar
Is greatly eased by the announcement
that French and German officials
have practically agreed on a settle
ment for the mines in the territory
which went to France following the
Versailles treaty and which, it was
stipulated then, would return to Ger
many in case the plebiscite went in
that country's favor, only if Berlin
made payment in full. Evidently
there is some prospect that Germany
can meet satisfactory ARRANGEMENT.
though the world at large wonders
where they can get ready funds"