davidaulloa/AmericanStories huggingface dataset:
Evening star., 1934-01-08
SERGEANT is HELD
IN DEATH OF BOY
Cofoner's Body Orders Driver of
Car Which Struck Youth Bound
Over for Grand Jury.

Emanuel H. Clavadetscher, 34-year-
ofu Army sergeant, stationed at Boil
ing Field, as held for the grand Jury
today, following an inquest into the
death OF Harvey F. Daniels, l6, of 63S
l. street southwest, who was killed Sat-
urday night when struck by an auto
mobile near Four -anda-half and M
streets southwest. The boy was the sec
ond son Of Mr.. and Mrs. Harvey P.
Daniels to meet his death near that
point. Robert Daniels, IL, q member
Of the schoolboy patrol. was killed
within 100 feet Of the spot on April S
Witnesses before the coroners jury
today testified that Cavadetscher was
intoxicated when he was arrested by
Policemen Wade Cox and H. M. Jewell
OF the fourth precinct, a short time
after the accident Two half-gallon
jars of liquor were found in the SER
geant'S car, which he had driven on
for half block before parking it and
returning to the scene. The police
men said when they talked to the man
he was not aware that he had been in
an accident. They said he seemed con-
cerned only over the fate of a chro-
MUM plated bird which ornamented
the radiator Of his car.
The boy was completing his daily
rounds OF his newspaper route at the
time he was killed.
Evening star., 1934-01-08
GAIN OF II IN NUMBER
OF AIRPORTS REPORTED
Increase Is Exclusive of Great Gov
ernment Construction
Program,

There has been an increase of II in
the number of airportS and landing
fields in the United States during the
past year, exclusive of the great pro-
gram Of airport construction which has
been undertaken by the Civil Works
Administration and the Department OF
Commerce, according to survey an
nounced today by the Department of
Commerce aeronautics branch.
The total number of airports of all
types registered with the Department of
Commerce January l was 2,188, of
which 637 were lighted for night opera
tions. OF the total, 563 were municipal
airports, 652 commercial, 265 interme-
diate Department of Commerce landing
fields, $50 auxiliary fields, SIS Army and
18 Navy airdromes, and IS miscella-
neous Government, State and private
fields.
California led all States with total
of 211 airports; Texas was second, with
IA. and Ohio third, with 1T. The
District of Columbia again was listed
as having three fields, one commercial
one Army and one Navy.
Evening star., 1934-01-08
British Economists Theory Perplexing
NJ l. r. Professor Wishes Know "Where Are These Sagnan
Pools of Currency?"

success. In any event. the loss OF pur-
chasing power occasioned by such
hoardings has been more than made
up by Federal Reserve purchases OF
Government bonds and the issue OF
Federal Reserve notes.
If YOU did not believe there were
stagnant pools Of purchasing power,
and merely wished to urge imitation
via Government bond issues, you may
be interested III the following lnforma-
ton:
During the World War the United
States chose to initiate rather than pay
for war materials with current savings
plus the receipts from heavy taxation.
This initiation was accomplished by the
origination Of enormous quantities OF
purchasing power, mostly demand de-
posits, on the basis of Government
bonds The costs of the war were thus
tremendously increased and large
burden of debt was Saddled on the
country.
In 1920 and 1921 there was period
of defation which largely Cancelled or
retired from circulation the excess pur-
chasing media. Following that, an or
derlv readjustment to pre-war relation
ships might have been expected How
ever. the Federal Reserve System.
through open market operations and by
eXerting every effort to make credit
cheap, made possible nearly decade OF
easy money.
Results Most Unfortunate.
From 1922 to 1929, as a result Of
these policies, there was renewed mfla-
ton in the United States. 1t was In
direct. by means of excess investment
with respect to money savings, and at
the time few realized what was going
on. The results have been most unfor-
tunate. Now, it seems to me. you are
urging us once more to try the policies
which have brought disaster in the past.
Near the close of your letter you suggest:
Gould not the energy and enthusi-
asm which launched the N. r. A. in its
early days be put behind a campaign
for accelerating capital expenditures?
This is the program advocated by
many OF the keeneSt students OF none
tary theory in the United States. How
ever they realize that the proper sources
of funds for long-term investment are
savings from current incomes. And
thev realize that savings thus invested
do not cause a reduction OF consumer
buying power, but merely transfer funds
to those who will perform the work and
are at present unemployed.
It would be an unfair imposition on
your good nature to try to cover all
aspects of the troubles which confront
us. Please accept my thanks, as one
American. for the thought and effort
you are devoting to our problems. I
trust you will have an early opportunity
to clarity, for our benefit, the perplex-
ing features mentioned.
(Copyright, 1894 by North American News
paper Alliance. Inc)
Evening star., 1934-01-08
One Cent a Day
Brings 500 a Month

Over $700,000.00 In cash benefits
have already been paid to one-cent-
a-day policyholders by the National
Protective Insurance Co., 420 Pick
wick Bldg, Kansas City, Mo-, the
oldest and largest company of its
kind.
Their new accident policy, pay
ing benefits up to 500 each month
or 1000 to 81 500 at death, Is now
being sold to all men, women and
children between the ages of 2 and
80 years. The cost is only $3.65 q
year-just one cent a day.
Send No Money
For 10 days free inspection Of policy.
simply send name, age, address, bene-
ficiary's name and relationship: No ap-
plication to fill out no medical examin:
alton. After reading policy. which will
be mailed to you, either return 1t or
send S3.65 which pays you up for
whole year-365 days. Write National
Protective today while offer is still open;
Advertisement
Evening star., 1934-01-08
M'LEOD BILL CALLS
FOR GOLD TRANSFERS
Michigan Representatives. Meas
ure Would Require Reserve Banks
to Send All Holdings to Treasury.

The Secretary of the Treasury would
be directed to order Immediately the
transfer to the Treasury OF all gold
held by the Federal Reserve System
under a bill introduced in the House
today by Representative Clarence j.
Mcleod, Republican, Of Michigan a
member of the House Appropriations
Committee.
Mr.. McLeod's bill provides that fall
ure of the Federal Reserve banks to
surrender their gold will subject them
to a penalty equal to twice the value
Of the gold involved.
In commenting on his bill, MCLEOD
who has consistently voiced his opposi-
ton to exemption Of the Federal Re
serve banks from anti-hoarding orders
declared:
"Any profit to be gained by revalua-
ton Of the dollar rightfully belongs te
the American people as whole anc
not to any group Of individuals or cor.
porations. The present huge nationa
debt renders this question q mos
crucial one to the welfare of every
citizen Of the United States and
shall do everything possible to have my
measure enacted into law without
delay"
Evening star., 1934-01-08

other words, you appear to favor in
tation by the indirect route. How
ever, on reading further in your letter
I find the following:
The other set OF fallacies, of which
fear the influence, arises out of a
crude economic doctrine commonly
known as the quantity theory of mon
ey. Rising output and rising incomes
Will suffer setback sooner or later
if the quantity of money is rigidly
fixed. Some people seem to infer from
this that output and income can be
raised by increasing the quantity of
money"
Where Are Stagnant Pools?
It hardly seems reasonable to sup
pose that one who SO regarded the
crude economic doctrine commonly
known as the quantity theory of mon
ey' would favor imitation. This is one
very perplexing feature Of your letter.
Apparently you advocate increasing the
amount Of the purchasing medium in
circulation, but you feel this dos not
necessarily raise output and income.
The only alternative which occurs
to me is that you believe there are
which should be in use and which can
be drained by selling Government
bonds. The question is, where are these
stagnant pools, and can they actually
be drained as you suggest?
I can conceive Of two possibilities
you may have in mind Perhaps you
believe demand deposits are being
boarded; or perhaps you think hoard
ers of actual currency would be will
ing to buy Government bonds.
Demand deposits are not being
boarded. The velocity Of circulation
compares favorably with that of nor
NAL periods of prosperity in the past,
though less than during the 1929 boom,
as might be expected. So far as we
can tell (the figures are both compre-
hensive and accurate). there are no
stagnant pools OF purchasing power in
the form of demand deposits. Time,
or savings deposits, are merely the rec
ord of funds handed to the banking
system for investment purposes. There
is no stagnant pool Of purchasing pow
er in connection with these records OF
past events.
Tried to Coax Hidden Currency.
We have tried to coax currency out
of hiding by offering Government
bonds of small denomination. without
Evening star., 1934-01-08
POTATO FREIGHT RATE
REVISION is REJECTED
Carolina Shippers Association Com
plains Charges Too High to
Northern Points.
Ry the Associated Press.

By the Associated Press
The Interstate Commerce Commission
refused today to order revision OF car
load freight rates and refrigerator car
charges on potatoes from North Caro-
lima points to destinations in New Eng
land and truck line territory.
The Carolina Shippers Association
complained to the commission that rates
on both sweet and Irish potatoes were
too high from certain points in North
Carolina to destinations in Connecticut
Delaware, District of Columbia, Maine,
Maryland, Massachusetts, New Hamp-
shire, New Jersey, New York, Pennsyi-
vania, Rhode Island, Vermont, Virginia
and West Virginia.
After reviewing the case, the commits
sion said it had found no evidence that
the rates now in effect were unreason-
able or unlawful and ordered the COM
plant dismissed.
Evening star., 1934-01-08
PLAY TOURNAMENT
ENTRIES TO CLOSE
Midnight Tonight Is Deadline for
Entrance in Community
Center Contest.

Midnight tonight is the deadEne for
entry in the 1884 District of Columbia
one-act play tournament conducted by
the Community Center Department, but
the committee will accept registrations
received up to and including Tuesday
morning, January 9. unless the quota
of 20 groups have already registered by
S pm. today. On Saturday, IA groups
had already signed up for appearance
in this tournament, which has been q
drama feature of city-wide interest
since 1924.
Among the groups which have al
ready sent in their registrations are
Bartfield Players, lexington Players,
Federation Players, Marietta Park
Women's Club, Masquers Drama Guild,
Mount Pleasant Players, Playmongers,
Players Club, Southeast Community
Players, Shoestring Productions Co..
Thomson Players, Troupers OF East
Washington Community Center and
Women's City Club Drama Unit.
Other groups which are expected to
enter include the Cue and Curtain Club,
Columbia Players, Pierce Hall Players,
Washington Players, Drama Study
League, Blackfriars and several other
prominent groups.
According to the tournament rules
this season, groups will be accepted In
the order of application up 20 20 in
number. Groups are advised to send
their registrations by messenger today
to the Community Center Department.
The tournament opens February 3.
Evening star., 1934-01-08
BY PROF. E. C. HARDWOOD.

Dear Mr.. Keynes-Much of your
open letter to President Roosevelt
seems SO appropriate as to be above
criticism. In particular, your sug-
gestion that the N r. A. probably i'm
pedes recovery" comedies with views
perhaps more widely held than openly
expressed. Likewise, your criticism of
the attempt to force up prices through
arbitrary depreciation of the dollar will
find many sympathetic readers.
Unfortunately, portions of your ad-
vice seem somewhat perplexing. 1t may
be well to quote briefly from your
letter:
"* lay overwhelming emphasis
on the increase of national purchaS-
ing power resulting from governmental
expenditure which is financed by loans
and is not merely transfer. through
taxation, from existing incomes. Moth
ing else counts in comparison with
| this"
No doubt you will agree that, when
government obtains purchasing power
by issuing bonds and selling them to
the public, the funds involved may
come from either of two principal
sources.
l: That portion of current money
incomes the receivers thereof desire to
save and invest, rather than spend for
consumption goods
2: Credit originated by the banking
system in the form of demand deposits
subject to check, similar in character
to the bank credit ordinarily made
available to business for commercial
purposes in order to represent newly
priced goods and facilitate their dis
tribution.
Transfer of Purchasing Power.
1t is clear that if funds be obtained
for Government spending from the first
source, the net result is merely to trans
fer purchasing power from existing in
comes Ii the one who chooses to
save and invest placed his money in
the savings bank. instead of buying
Government bonds. the purchasing
power probably would be used by the
bank to buy first mortgage.
In that case the carpenters and
others working on the house involved
actually would receive the purchasing
amount of purchasing power involved
is not increased if it is merely trans
ferred to the Government incidentally,
you might have added that the Gov
eminent probably will not use such
funds to any greater, If as great, ad-
vantage as in the case OF private in
dustry.
Apparently you feel the purchasing
power expended by the Government
should come from the second source
mentioned. That would involve orlgl-
nation of purchasing power by the
banking system in precisely the same
manner funds were created for the
Government during the World War. In
Evening star., 1934-01-08

assistant Republican leader OF the
Senate, presents in the tolloDing
article critical analysis OF the
Presidents budget message.
BY SENATOR SIMEON d. FESS.
The item of major importance in
President RooseVelt's budget message is
not so much the figures of the present
demand as what will be the size in the
near future of these demands. 1t is not
overlooked that of the nine spending
agencies listed under the head of emer-
gencies, five are indefinite in their needs
and unlimited in their demands.
The ten and half billion dollars for
the present year may grow vastly be-
yond that figure. For example. it will
be urged that the $4,000, 900 900 for
public construction is but a fraction Of
the S40,000,000.000 that is now engaged
in private construction. The danger i'm
pending is the giving way of private
construction for the public and civil
works program.
Sees Demand Growing.
The Presidents intention to halt ex-
penditures after a specific date may be
defeated by the force of circumstances
beyond his control. as public eXpendi-
ture feeds upon itself. Already in many
quarters is heard the demand for public
money on the basis that if it is to be
used as now applied, demands should
be made for additional uses. These de-
mands, backed by powerful factors Of
group control. both general and local.
will be difficult to withstand.
The President himself may be help
less, as evidenced by his present recon-
mendationS in the light of his official
message on the 10th of last March,
when he commented upon the then i'm
pending defict and its effect upon ma
tional credit. He declared:
For three long years the Federal
Government has been on the road to
bankruptcy" referring to a probable
deficit facing him of 81 200, 900 000 He
further stated: Il point out to the Con-
gress the profound effect of this fact
upon our national economy" He
further stated Upon the unimpaired
credit of the United States Government
rests the safety of deposits, the security
of insurance policies, the activity of in
duStrial enterprise, the value of our
agricultural products and the avail
ability of employment. National recov
cry depends upon it."
Cites Heavy Interest.
The budget message announces a def
icit over six times the amount which
gave him concern on last March. and
1t points to a public debt which by
1885 will reach the staggering figure of
s31 ,834 900 OOo-more than four and a
half billion above the wartime peak
This figure indicates that the public
debt will be doubled by the next year
over its low point of 1880, with an ad-
ditional interest charge of S1.250.000
per day, computed at per cent, reach
ing on the total debt an annual interest
charge of Sl,240,000 900 at the same
rate.
The equanimity of mind displayed
over the impending financial situation
gives rise to the major concern over
what may be the debt situation two
years hence, after all the forces back
OF the many spending demands have
been heard. where will the money
come from and how will it be paid?"
Is on the lips of every responsible leg
tslator in Washington.
(Copyright, 1894. by North American News
paper Alliance. 1ncD
Evening star., 1934-01-08
MECHANICAL NOSE is INVENTED
To AID PROFESSIONAL SNIFFERS

substances too minute even for ready
spectroscopic analysis has been known
to scientists. But only unusual individ-
uals could use it, men so rare that they
usually have been nicknamed golden
nose"
The mechanical nose furnished the
sniffer with precisely measured amounts
of any smell that is worth while IN
vestigating. The shifts begin at his
Threshold" the least he can detect,
and ascend by easy steps which are
not too fatiguing.
This fatigue, Prof. Fair explained. is
popularly known as getting used to an
odor." 1t arises from the fact that
protracted smelling of an odor exhausts
the power to recognize it.
Evening star., 1934-01-08
ACCUSED MAN EXPIRES

Richard Henry Warren, 46, colored,
Of Cullinane court southwest, who was
to have been tried soon on a murder
charge, died yesterday in Gallinger Hos
pital An indictment, which was await
ing Warren's release from the hospital
charged him with the murder of SAM
uel Palmer, Is. also colored, in a fight
which occurred in Cullinane court the
day after Christmas.
Warren had been committed to the
hospital for what attendants said was
alcoholism.
Evening star., 1934-01-08
DEFICIT Of S191,ODO
REPORTED BY c. 0.P.
SiIas H. StraWn Listed as
Largest Contributor to Ma
tiOnaI Committee.
Ry the Associated press.

BY the Associated Press.
A deficit on December 81 of $751;
4758l for the Republican National
Committee was reported to South Trim
bic. clerk Of the House, today by
George F. GetZ, treasurer.
This compared with deficit of SlS6-
464l on August 81, the beginning Of
the period covered by the report. 1t
was filed under requirements OF the
Federal corrupt practices act
Contributions from September l. TO
December 81, 1888, were reported as
totaling $1,000, and expenditures, $l3,-
745. Payments made on notes during
that time amounted to SIS 700
SilaS H. StraWn, Chicago. was listed
for q contribution of 81 600 through the
Chicago office and $500 through the
Cleveland office. The following contrl-
buttons of $500 each were reported:
Everett Sanders, Ogden L. Mills and
GetZ.
The deficit was shown TO include
S57. 800 in notes payable for money bor-
rowed. $4,000 for printing and Sl26,-
82O0 09 in accounts payable. 1mpounded
funds on deposit were recorded at
$2,79O SO and unrestricted cash on hand
and deposit, $353.29.
Contributions from January l, 1888.
to the end of the year totaled S5s.-
369 ct, and expenditures, 1898 696 79.
Evening star., 1934-01-08
SLIDES FOR c. C. C. MEN

The young men of the c. C. c. en-
camped at Fort Dupont. D. c., and
Fort Hunt, Va, will be given the mod
ern counterpart of the old stereopticon
show, when the two new slide film pro-
jectors, received today. get into ac-
ton. Various Government agencies are
cooperating in furnishing slide films
of an educational nature.
A series of lectures is to be started
embracing horticulture. botany, sanl-
tation, geology. natural history and
entertainment features.
Federal park authorities are cooper
ating with Army officials which have
the young men Immediately in charge
in mapping out details OF the pro-
grams.
Evening star., 1934-01-08
WILL HOLD OPEN HOUSE
Public May Inspect Planes at
Naval Air Station.

The Navy here desires to establish
closer relationship with the public, and
so will hold open house at the Naval
Air Station at Anacostia on Saturdays
and Sundays in the future.
Inaueurating this program on Satur-
day Lieut.. Comdr. William K Harrill,
in command Of the station, will act as
host. Various types of naval fighting
craft Of the air will be lined up. so
that visitors may inspect them first
hand. Officers and enlisted men will
be on duty, nearby to explain func-
tionS of the ships.
Evening star., 1934-01-08
FILM STARS ENGAGED
Cary Grant and Virginia Cherrill
to Be Married.
BY SENATOR SIMEON ID. FESS.

LONDON. January (P.-Cary Grant,
Hollywood actor, had recovered from a
recent operation today and said he will
marry Virginia Cherrill, Hollywood
actress, at London registry Office, cor
responding to a justice of the peace in
the United States.
The notice of marriage described
Grant as Archibald Alec Leach, other
wise Cary Grant, aged 90" 1t described
Miss Cherrill as Virginia Adler, other
wise Cherrill, aged 25."
Evening star., 1934-01-08
Seven Arts Kensington Topic.

KENSINGTON. Nd. january 8 (Spe-
ciaD Miss Annie M. Wilson, State
chairman Of poetry for the Maryland
Federation OF Women's Clubs. will be
the speaker at meeting of the Wom-
ems Community Club this afternoon
when she will have as her subject Sew
Ell Arts" Miss Wilson is also art chair
man for the county federation The
musical program will be given by Mrs,
James Atkinson.
Evening star., 1934-01-08
By the Associated Press.

CAMBRIDGE, Mass. January B.
Inauguration of shifting as a business
is promised with a new mechanical
nose invented at Harvard University.
It is a smell meter, made to connect
with the nose, and rejuvenate the lost
art of keen scent.
It is called the oSmoscope and was
developed by Gordon M. Fair, assocl-
ate professor of sanitary engineering at
Harvard. for the Hackensack IN. j.
water Co. It's immediate use is to
analyze impurities in water.
n also opens many commercial pos
sibilities of using the sense of smell
for chemical analysis. The superiority
of the olfactory sense Of a detector OF
Evening star., 1934-01-08
Fears Poison. Kills Two.

DAYTON, Ohio, January 8 Dr.
Fearing, he said that they planned to
put poison in his food, Michael
MichereiS, So, yesterday killed Joseph
Ernyes. &c. and Ernyes' wife Julia, 81,
with whom he boarded. Both victims
were shot and the woman was stabbed
five times Michereis surrendered and
insisted the slayings were justifiable,
officers said He was charged with
flrst-degree murder.
Evening star., 1934-01-08

The Triter OF this response to
AN open Letter to President
Roosevelt" by John Maynard
Keynes, British economist, lUhich
appeared in The Star recently,
is member OF the faculty OF the
Massachusetts, Institute of Tech
nology. He is an economist and
author OF Cause and Control OF
the Business Cycle"
Evening star., 1934-01-08
GUARANTEE TO EXCLUDE
FARM BONDS NOW HELD
Myers Says Proposal Exempts Sc
curities in Hands Of Public.
Amount Is 81, 900, 900.

BY the Associated Press.
William I. Myers, governor Of the
Farm Credit Administration, said in a
statement today that the proposed Fed
eral guarantee Of the principal Of the
administration $1,000 100000 bond
issue would not embrace Federal Land
Bank bonds now held by the public.
The Federal Land Bank issue amounts
to about 81 900 600 900.
Myers said that present demand for
loans indicate the entire $4,000 900 900
issue will be requiI ed for the refinancing
Of mortgage and other farm indebted
ness
Evening star., 1934-01-08
There's Money in Fowls.

JOLIET, III. R.-There really Is
money in fowls. Mrs. Stephen Bieth OF
Channahon, 10 miles from Joliet, found
three gold nuggets in the gizzard OF q
turkey and sold them for $3.50, pront
Of $3.50. including the bird, for which
she paid So