The Washington times., 1934-02-20

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And, by the by, Major Jones
comes from a fighting FANNY.
He's one of the boys with plenty
of background-ancestry and all
that. :,
Just now he's all keen about
the dinner the Society OF the
Cincinnati is going to hold
Thursday at the Maryland Cluo
in Baltimore.
Major Jones rightfully takes
pride in being a member OF that
CLIQUE. AS you know, it's very eX-
elusive. Its first president was
George Washington and all mem
bers were officers who had actu-
ally fought in the Revolutionary
War. It's been perpetuated oy
the oldest sons since then-oldest
sons only being eligible.
In addition to being Cincin-
natl member, Major Jones is al
filiated with the Scions Of Colo
NAL Cavaliers, the Society OF Co
lonial Wars, the Society Of the
War of 1912 and the Sons of the
American Revolution.
Despite all his ancestry, he's
really quite a fellow.
Robert v. Fleming, president of
Riggs National Bank, is sojourn-
ing in Florida. He'll be there for
q week or so.
N<Io,.;c r CooI-a1ar assistant 1,ioa
president of the Hamilton Ma
tional Bank, was away over the
week end. He's back at his desk
now, though, plugging away.
Ferry Heath, of E. H. Harri-
man and Company, also is back
on the job. He's been up Michi-
gan way.
T. Hunton Leith, assistant cash
Ter of the Security Savings and
Commercial Bank, has his hands
full these days. He's trying to ar
range for the annual convention
of the American Institute of Bank
ers, which is going to be held here
in June.
Col. Wade H. Cooper, presi-
dent of the United States Savings
Bank, lost his fight yesterday to
stay receivership proceedings. He
wanted to restrain the Treasury
Department and the receiver from
Immediate liquidation measures.
It's presumed, though, that he
will continue the battle.
C. Carol Morgan, of G. M. P.
Murphy & Co., has a habit of
ducking out of his place without
overcoat or hat. He even did it
during the recent zero weather.
John Caswell,. jr, of Clark,
Childs & Keech, has this to say
about the Bankhead cotton con-
troll bill:
"The Bankhead gin control
bill, in q changed form, has
apparently now met with Ad-
miniStratiOn approval. Although
perhaps the whole project of
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troll of an unwieldy surplus in
cotton is erroneous, the emer-
gency efforts of the last sum-
mer have materially benefited
the cotton belt. The AAA plan
for the coming two years un-
dOubtedly would be beneficial,
but even SuppOsing that all
participants in the plan carried
out their contracts. it is Ger.
tainly entirely within the
realms of possibility that the
lint yield per acre would be
materially increased and the
net results not Outstandingly
satisfactory.
"Lf we go back only a few
years, we will find that in
the days when an effort was
being made to encourage pro-
duCtiOn, on experimental acre
age, extremely high yields were
obtained. Fertilizer sales in
the past two months have ex-
ceeded the similar period in
the past four years; mule mar
ketS of the South have dis
posed of all young stock.
These two facts lead to the
thought that acreage remaining
in cultivation will be much
more carefully cultivated than
has been possible heretofore.
Consequently an actual gin con-
troll bill of some type would
seem necessary as an emer-
gency measure if the unwieldy
surplus cotton is to be reduced
draStically."
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