davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-12-31

which is the opening theme OF the
second movement. Mozart thanked
him and rushed to table and COM
pleted his concerto.
In the meantime, fifteen or twenty
of the first-stand musicians of the
National Symphony Orchestra had
come into the room and seated
themselves in informal fashion at
the head of the table and played
one of Mozart's minuets. At the
completion of this number, Mozart
took his completed concerto to DR..
CAM and asked him If he would
do him the honor Of conducting.
The group at the dinner then
searched for some one to play the
piano part. The hostess, who pro-
fessionally is Miss Rose d'Amore,
concert pianist, was persuaded to
play the solo instrument.
Other guests at the party were
the Assistant Secretary Of the In
terror. Mr.. Oscar L. Chapman: the
Commissioners of the Federal Trade
Commission, Mr.. Charles H. March,
Mr.. Ewin L. Davis and Mr.. Robert E.
Freer, with Mrs. March. Mrs. Davis
and Mrs. Freer; the Corporation
Counsel for the District of Columbia
and Mrs. Elwood H. Seal Mr.. and
Mrs. Phillip Buck, Mr.. and Mrs. C..
G. Cappel, Mr.. and Mrs. Richard j.
Carr, Mr.. and Mrs Edward Freer,
Mr.. and Mrs. Charles Hekpar, Mr..
and Mrs. Melvin D. Hldreth, Mrs.
Earl Hoffman, Mr.. and Mrs. Austin
Keough, Mr.. and Mrs. Eliot C..
Loyett, Mr.. and Mrs. William
Mearns, Mr.. and Mrs. Donald Pat
terson,r Mr.. and Mrs. Charles Ed
ward Russell. Mr.. and Mrs. Ira Var
nall. Miss Jessie Ash Arndt, Miss
Edith5 Austermuhl, Miss Vivienne
Broadwell, Miss Laura Brookover,
Miss Helen Jean Nolan. Miss .Sallie
Turner. Mr.. Lyle Brookover and DR..
Clifford Swanson.
Evening star., 1938-12-31
Cabinet, Court Officers
To Honor Cummings

Cabinet officers, members Of the
Supreme Court and other high Gov
ernment officials will honor retiring
Attorney General Cummings at q
testimonial dinner January IL in
the Mayflower Hotel.
Among those who will speak are
Associate Justices Owen j. Roberts
and Stanley Reed Of the Supreme
Court. Secretary of State Hull, Post
master General Farley and Senator
Ashurst, chairman Of the Senate
judiciary Committee. Frank J.
Hogan. president Of the American
Bar Association. will be toastmaster.
Evening star., 1938-12-31
Miss Robb Hostess

Miss Janice Robb entertained at a
small buffet supper last evening at
the home Of her parents, 1t. Col. and
Mrs. Holland L. Robb, on Twentieth
street; having as guests Miss Anne
Thurman, Miss Rosemary Newman,
Miss Dorothy Rutherford, Midship-
man Preston Shamer, Midshipman
Wilbur Wtns, Mr.. Richard Higgins
and Mr.. Stewart Thorn.
Evening star., 1938-12-31
Miss Shirley Smith
Is Honor Guest
AtLuncheon

J Miss Jessie G. Kaufman, who is
spending her holidays from West
over School with her parents, Mr.
and Mrs. Samuel Hay Kaufman
entertained at luncheon today at
the Sulgrave Club in honor of her
house guest, Miss Shirley Smith,
daughter of Mr.. and Mrs. Traver
Smith of New York. Miss Smith is
a classmate of Miss Kaufman and
the two girls will return to their
studies some time next week. Miss
Kaufman invited about 18 of her
Young friends to meet her house
guest.
Evening star., 1938-12-31
CARROTS Return
From Wedding Trip

Mr.. and Mrs. Sims Garrett, jr5
have returned to Washington from
a wedding trip and after January
will reside at 1869 Twenty eighth
street. They were married Decem-
ber 20 at Atlanta, Ga. =
Mrs. Garrett was Miss Constance
Shumaker of this city before her
marriage and was secretary to Rep
resentative Ramspeck, who, with
Mrs. Ramspeck, attended the we'd
ding, as did Representative Stephen
Pace and Mrs. Pace, Representative
Pace acting as best man. Mr.. Gar
rett will be with Representative
Pace the coming session of Congress
as his secretary.
Evening star., 1938-12-31
Notes From the Social Calendar Of Washington Its
By the Way:
Beth Blaine;

resolutions
decided ourselves
coming yearl
To try to be:
As good q sport Mrs. John Hnckley.
AS convincing in speech Sir Wilnott Lewis.
capable David Barry.
As enhcient q housekeeper Mrs. Mathews Dick.
even-tempered Kent Legare.
altruistc Demarest Lloyd
staWch q friend Countess Roberu
understanding Mrs. Warren Delano Robbins
adaptable as Mrs Jasper Du Bose.
As sophsticatedy humorous Harold Tttmann.
navey Howe.
unassumng Countess Gramont
good parent Blae de Sibour
As original Countess Rechteren- -LimpurH
AS cautious Sumner Weles.
SOMETIMES incautous Pendleton
AS Stewart Mcdonald.
hospable the Snowden Fahnesocks.
AS Mrs. Marion Warburg.
AS cosmopolitan Mrs. Pettinos Blow.
AS good dancer Arthur Vandenberg, IT,
travelled Mrs. William D. Thomas
dashing the Polish Ambassador
AS daring Prince del Drago
nonchaant Paul Schel.
vital Harold Sims.
AS obiging Dr. Roberto Mendoza.
AS CHEEKY Nine Prochnk
AS interested in others Mrs Kurt Hetzel.
As well informed Charles Lucet.
In reading this have set standard higher than
attain decided call the whole thing or
take instead for 1889 theme sa Sweet You Ae
Evening star., 1938-12-31
Suburban Social Notes
Misses Hull Entertain 20 Guests
At Supper and Dance

sister, Mrs. Alma Grady and her
daughter, jamie Grady of Union,
Miss.
Mrs. Daisy Jeter, who has been
the guest of Mr.. and Mrs. Walter
L. Burgan at their home in Takoma
Park. during the past three months,
left yesterday for her home in In
dianapolis.
Miss Dorothy McCrory. dietitian
at the General Hospital in Cincin-
natl, Ohio, is visiting her father,
Mr.. S. H. McCrory of Takoma Park,
D. c., for the holidays.
Mr.. and Mrs. Vance Cline and the
latter's sister, Miss Margaret Oliver
entertained IA guests Thursday
evening at a post Christmas party.
Mr.. and Mrs. Ralph A. Wells lof
Seven Oaks, Silver Spring, Nd,
have had with them for several
days Mr.. Wells parents, DR.. and
Mrs. David Wells of Boston, Mass;
his sister-in-law, Mrs. Carl Wells
of .Marblehead, Mass, and her
daughter, Mrs. Perry Lyons of Ell
Paso, Tex, who came here to at
tend the funeral yesterday of Lieut..
Lyons. Lieut.. Lyons was killed in
an airplane crash last week in
Texas and was buried Tuesday in
Arlington National Cemetery.
Mr.. and Mrs. Clarence Reed of
Takoma Park, Nd, with their
daughter, Miss Betty Reed, who is
a student at Amber College, are
touring Florida for two weeks.
Evening star., 1938-12-31
Mrs. Hunt Honor
Guest at Lunch

Mrs. Reid Hunt Of Boston, who
with DR.. Hunt is spending the hon-
days with her brother-in-law and
sister, Mr.. and Mrs. Charles Clay
Bayly, was the guest in whose honor
Mrs. Edward M. Tierney entertained
at luncheon yesterday. .
Evening star., 1938-12-31
Hostesses Today
At Art Exhibit

Hostesses this afternoon at the
annual exhibition of the Washington
Water Color Club, which is being
held in the Corcoran Gallery Of Art,
will include Mrs. Pearl Potter Etz,
Miss Lesley jackson, Miss Clara
Saunders, Miss Elisabeth Ellicott
Poe, Mrs. Margerete Lent Mulford
and Miss Minna Gill,
Evening star., 1938-12-31
Miss Berle to Wed
If. ]. r. Weaver

1t. Col. and Mrs. Charles K. Berle
announce the engagement of their
daughter Virginia Lee to 1t. James
Rainier Weaver, U. S. A.. son of Lit.
Col. and Mrs. James r. M. Weaver
OF Fort Benning, Ga. The wedding
will take place in June.
Evening star., 1938-12-31

Dr.. and Mrs. James Alexander
Lyon will entertain at a New Year
eve party at the Army-Navy Club
tonight in honor of Admiral Percy
Foote of Philadelphia and Mrs.
Foote and their daughter, Miss
Diana Foote. who are their house
guests for the holiday period.
DR.. and Mrs. Lyon also have with
them at Glenview Farm, their home
near Rockville, Md, DR.. Lyons sis
ter, Miss Isabel Lyon of New York.
Mr.. and Mrs. Hewitt Crosby and
Mr.. and Mrs. John M. Hager enter
tanned jointly at a dancing party last
evening in the blue room at the
Shoreham for the formers daugh-
ter and son, Miss Helen Crosby, who
Is home from SWarthmore College,
and Mr.. Hewitt Crosby, jr., who is
home from Purdue University, and
for Miss Carolyn Hager and Miss
Helen Hager, daughters Of Mr.. and
Mrs. Hager, and the sisters house
guest, Miss Bunny Hart of Bronx
vile, N. Y. The Misses Hager are
students at the Cathedral School.
Other guests included Miss Pa
tricia OMalley, Miss Aline Wharton,
Miss Louise Alexander, Mr., Walter
Haidar, Mr.. Perry Culley, Mr.. Doug
las Weaver, Mr.. Daniel Murphy, Mr..
John Delafield, Mr.. Theodore
French Mr.. Hans Erickson. Mr..
Charles Fogg and Mr.. William
Brown Alexander.
Mrs. Hercie Munroe had as her
guests at Christmas Midshipman
L. F. Templeton, who has returned
to the Naval Academy.
Dr. and Mrs. Tomas Cajigas, Miss
Anita Cajigas and Tomas R. and
Paul A. Cajigas will spend the New
Year holidays at the Waldorf
Astoria in New York.
DR.. and Mrs. Benjamin F. Jones
of 2226 Decatur place NV. announce
the birth Of a son at the Columbia
Hospital Thursday. Mrs. Jones is
the former Miss Mary Elizabeth
Wyeth. daughter of DR.. and Mrs.
George A. Wyeth of New York City
and Hanover, N. H.
DR.. and Mrs. Nelson Horatio Dar-
ton are at the Waldorf-Astoria in
Evening star., 1938-12-31
Holiday Tea Dance
For Charity

The annual cadet and midship-
man tea dance for the benefit of
the Army Relief Society will be held
under the auspices of the Ladies of
the Army War College this after
noon from S to Z o'clock at the
Army War College.
Evening star., 1938-12-31
Student Visits
Fort Mver

Miss Frances Roffe, daughter Of
Col. and Mrs. A. w. Roffe Of Fort
Myer, is entertaining this week as
a house guest Miss Jeanne Harris
Of Strong Hall, George Washington
University.
Evening star., 1938-12-31
Bermuda Garden Talk

The Garden Club of Chevy Chase,
Nd, will meet at 3 o'clock pm. We'd
nesday at 100 Shepherd street for
an illustrated lecture on Beautiful
Gardens of Bermuda" by Mrs. Jen-
nings L. Bailey, jr. .
Evening star., 1938-12-31
At.Hone Cancelled

Mrs. Frederick A. Burr of Takoma
Park, Md, has Cancelled her at-heme
scheduled for this afternoon due to
illness.
Evening star., 1938-12-31

DR.. and Mrs. Nelson Horatio Dar-
ton are at the Waldorf Astoria in
Evening star., 1938-12-31

Mr.. and Mrs. Frank Quigley are
in their apartment at the Wardman
Park Hotel for the winter season.
Evening star., 1938-12-31

Mr.. and Mrs. David H. Frank of
Woodley Park Towers have left for
Miami Beach, Fla, for an extended
vacation and are at the Surfside
Hotel.
Evening star., 1938-12-31

Mrs. ia Hays .-NcC Candish Of
Silver Spring, Nd, has as her guest
her father, Mr.. G. F. Hays. and her
Evening star., 1938-12-31

DR.. and Mrs. Tomas Cajigas, Miss
Anita Cajigas and Tomas R. and
Paul A. Cajigas will spend the New
Year holidays at the Waldorf
Astoria in New York.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1938-04-29

This union has built up d treasury
of over $500 in the short space Of
four years, truly remarkable ach--
ievement. The Red Caps are pro-
vided a locker room and during theii
moments Of leisure pass away the
time by playing bridge, checkers OF
having impromptu debates. The
men who are employed here have as
whole a fair amount of education
and there is an abundance of talent
ready to be released IN the com
munity. Already some Of their
members have forged on ahead and
now represent part Of the staff Of
the worlds greatest radio station,
WLW and MIC. Station.
Men who now stand high IN the
civic and social life of our communi--
tv and who formerly worked or got
their start as Red Caps are:
Attorney Theodore Berry, pr.
Springer, Dir. Edwards, Dr. $. Clarke,
Patroleman Ed Graves, Samuel Tier,
John Tony. and Bert Hill, manager
Of Terminal Hotel.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1938-04-29
COTTON CLUB
CHANCES

CINCINNATI-The beautiful Cot.
Ion Club has new band, d band
THAT Is real treat, giving varied
asaoa eiIenl IN music, having ais il
feature MISS Helen Wyles, favor
ite oI these pai.s, you all remember
her as the master Of ceremor. a i
few years back, The girl with that
dynamic personality, possessing a
marvellous voice. Now Helen has i
new feature, that is the band, in
Helen, she plays the Italian harp,
something that is new to modern Ne
gro dance bands.
The Edwards Sisters head the bill
ia entertainment these two popular
and famous sgirls who are the fair
exponents Of rhythm in dancing !
need ! ell you how they have improv-
cd with new steps and costumes.
These young ladies are on their
way 70 Australia, stopping at Sidney,
AAelt oalae and various cities there,
Eaei TO you girls.
Miss II t.aler Hund who has a
very pleasing voice sang to our
hearts delight, this girl can sing,
she being d new conner has the maxi
ings Of an artist. Then the Jungle
dance team, Ray Washington and
Bea Rhinehmrt gave their unusual
offering hat pleases the crowd. This
couple are headed for big time we
are for them.
Lem and Angie formerly Of Chi
cago and the Plantation Mite Club
gave dance that was pleasing and
good To look atappearing in spic
and span uniforms. This winds up
my news until next week.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1938-04-29

dition Of the district.
Regretting the necessity of closing
the Dunbar, President G. G. Huitt
said, 1t is d matter Of personal re-
gret on Mr.. Rockefel,er's and my
part. | have formed some wonder
full friendships ZIP here, which | hope
will be continued. I've never been
shown such courtesy any place."
At present, DR.. n r. Moon, pres
ident-emeritus of Tuskegec Institute
is the sole colored member of the
board Of directors. Former coiored
directors were Fred Il. Moore and
Roscoe G. Bruce. Colored bank Off
cials include Robert p. Braddicks,
manager 150th Street Branch and
assistant vice president and G. Rus
sell Waller, Jr., assistant cashier.
There are about 90 Negro en-
ployees, including the officers, tel
lers, stenographers, bookkeepers,
janitors, etc. All will lose their
jobs when the closing order becomes
effective. The bank has approximate
y 10000 checking. thrift and Christ
mas Club accounts. 7he directors
said that all depositors will be paid
in full, and they may withdraw their
funds at their convenience.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1938-04-29
HARLEM'S FAMOUS DUNBAR
NATIONAL BANK TO CLOSE
Board Of Directors Make Public Their
Decision 4. Action Awaits Ratification BY
Stockholders on May % Rockefeller
Bank Has So, 900, 600 in Deposits,
Over S., ,OOO, 900 Assets

NEW YORK CITY (ANP)-- The
business and professional people 81
Harlem were surprised .ast Tuesday
to learn that the Dunbar National
bank, the nations outstanding inter-
racial banking institution will close
it's doors if the stockholders ratify
the announced decision of the board
of directors to withraw from busi-
ness in Harlem.
The bank, organized in 1928, by
John D. Rockefeller, Jr.,. has assets
of over four million dollars and de-
posts Of about three millions. AT
last Mondays meeting of the board
Of directors. Mr.. Rockefeller's de-
sire to withdraw from business in the
Harlem district was made known.
Since he is the principal stockholder
of the bank, the directors decided
upon liquidation, their action being
subject to ratification by the stock
holders at their meeting to be held
on May %.
Most of the banks mortgages have
been made on Negro properties, hum
dreds Of owners having been thus
given financial aid, the courtesy Of
bank officials and employees to the
colored patrons has become a ira
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1938-04-29
plex and trying than the average
rarSnn ras, i,,aa<rt,,a

plex and trying than The average
person can imagine.
His duties are exacting and must
be perfect at all times. He is con
tinually under the direction Of d new
boss, practically seven out Of every
eight hours that he works in addi--
tion to being under the scrutiny Of
the station management.
The Red Caps in this locality re-
ceive no salary and anything that
they receive in reward for their la
Dor comes in the form OF tips. III
pursueing this sort Of work q Red
Cap must have tact, he must be con-
genial he must have working
knowledge of trains so that the pas
sengers may get the proper inforna--
tion. At times there are passengers
who like to play Jokes on Red Caps
and laugh at their expense, knowing
that they cannot crack back. There
are other times when Red Caps per-
fo1m services for passengers and re-
ceive no pay. These and several
other things the Red Cap puts up
with in a spirit which Is amazing.
The Red Caps in this locality and
in various other parts Of the country
have banded together to form d un--
ion which is called the international
Brotherhood OF Red Caps, formed to
force the terminal companies en-
ploying them to recornize them as
employees and to nay them living
wage. The Red Cans in thie com
munity are particularly fond Of their
local organization, called the Red
Caps Protective Association. Under
lie leadership Of Brother George
Van Cleave.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1938-04-29
BETHEL BAPTIST CHURCH
POLICE CHIEF EUGENE
WEATHERBY COMMENDs
CoLORED PATROLMEN

CINCINNATI-Chief Weatherby
stated to the Cincinnati Forum staff
that his entire group of colored pa
trolmen were efficient and fine Off
GERS. He also commented on several
anonymous complaints that had
been received by his office against
some few of the officers but upon
investigation found that the accusa-
tions were not true and sent by some
low lifed, jealous or envious persons.
This seems to be character
istic OF a great number of Cincinnati
Negroes. To tear down rather than
build up the race.
), ncinsjo ltsgeae nafw mfw mnb
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1938-04-29
CINCINNATI
CHURCH NEWS

The Rev. Byndon delivered most
wonderful sermon Sunday at the
Jerusalem Baptist Church 518 w.
Fifth Street to capacity audience.
There were several visitors present
y "
MACEDONIA BAPTIST CHURCH
The Rev. Dunlap conducted most
heartrending devotional service Sun
day. This church has most com
mendable congregation. A cordial
welcome was extended to visitors as
is policy of this church.
-
The Rev. r. Arnold of Covington
Methodist Church and several dele
gates ar eattending the General Con-
ferences in Cleveland this week.
i II
BETHEL BAPTIST CHURCH
1t is not unusual for the Rev. Jack
son to deliver heart stirring sermon
as he did last Sunday to a regularly
crowded congregation.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1938-04-29
CINCINNATI
NEWS BRIEFS
IMPERIAL MONARCH CLUB
TO PRESENT UNIQUE DANCE

The Imperial Monarch Social Club
will present on May 10th another
one of their unique dances, called
the Cartation ball.
The business manager for this So
cial and business club, Joe T. Mil
Ter promises US that this dance will
surpass the aSwizzle Sails dance
and others. IL it does it will be 4
killer diller."
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1938-04-29
DIR. MERIDA SPENDS
DAY IN cTNCY

DR.. j. d. Herida Of Cleveland, o.,
spent a day in our city with DIR. Ray
Carke, making arrangements for the
Doctors State Board Medicine So
ciety convention to be held in our
city this summer. DR.. Merida IS
chairman of the society and mem
Der Of the executive committee Of
the Ohio State Democratic League.
MR.. JONES CALLED
TO CITY BECAUSE OF ILLNESS
John B. Jones Of Chicago, ILL.,, was
called to Cincinnati on account Of
the illness of his sister Mrs. Alice
Paris.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1938-04-29
CINCY LOCALS
RETURNS FROM
NEW YORK

Mr.. and Mrs Charles Williams, ne
IS the former musician at the Ger
man Village here in Cincinnati, ju 1
returned from the East after 4 visit
with Mrs. Williams brother, iRog
Oliver, formerly Of Cincinnati. Mr..
Oliver lives at Atlantic City They
visited Jersey City and New York
City. They had swell time and
wanted to stay. Charlie says one
week is not enough, Glad to have
you back.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1938-04-29
MR.. JONES CALLED
REV. L. k. WILLIAMS, Jr.
SPEAKS AT ANTIOCH

The Rev. 4. X. Williams, Jr., Of
Chicago was guest speaker at the
Antioch Baptist Church last Sun
day and will remain in the city url-
til Friday.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1938-04-29
IRWIN KELLY HAS
BIRTHDAY PARTY

Irwin KelFNls birthday party at
the Cotton Club was quite a success
with every one enjoying y nice time.
Those Of the party were
Miss Marion Jones, Arnett Elliott,
Mr.. and Mrs. Corbin, Mr.. and Mrs.
Clemons Puryear, Mrs. Stella Kelly,
Mrs. Hazel Barbara, Mrs. John Jack.
son, Floyd Brown, Miss Buleen
Johnson, and Dewitt Palmer.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1938-04-29
MISS KATIE AaooRMAN HAS
BIRTHDAY PARTY

Miss Katie Moorman gave a birth
day party at the Cotton Club last
Saturday. Those in the party were:
Mrs. Eliza Williams, Fanny Davis,
George lion Chaney) Frison, Chas.
Lewis and Paul Williams.
Mrs. Moorman was presented with
large and beautiful birthday cake.
Everyone seemed to have enjoyed
themselves.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1938-04-29
ANTIOCH HAS
I UNIQUE DINNER

a very unique affair was held ct
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1938-04-29
HARTLEY TooTS AND
ORCHESTRA COMING
TO COTTON CLUE

Hartley Toots and his orchestra
are coming to the Cotton Club May
3rd. Eighteen musicians. This band
on battle Of music from the Sun
set Royal entertainers at Lakeland,
Fla.
Also d floor show direct from
Chicago. Abtieen Ali and the beach
combers, something new and differ
ent, opening April 26th.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1938-04-29
STREETS OF
CINCINNATI
DOWN AROUND
THE TERMINAL.

In this column we are going to
bring to you word picture of one of
the most interesting characters Of
the modern work day world, the
Red Cap.
Here is person who has taken 4
job upon himself that is more COM
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1938-04-29

Antioch Baptist Church Sunday.
Covers were spread for five hundred
one hundred hostesses. Mr.. Charity
O'Donald conducted the dinner which
was followed by pageant given by
the Twelve Tribes Of Israel.
4 ]: j;
Miss Mary Hughes spent Sunday
IN Kokomo, Indiana with her cousin
Miss Ruth Hughes.
Evening star., 1938-02-02
Merriam URGES
CURB|NG Of CREDIT
Commerce Department Aide
Says Judgment Needed
on InstaIIments.
BY the Associated Press.

~ the AsSOClhNd PreSS.
NEW YORK, Feb. 2.-Better control
over installment credit to keep the in
dustrial production machinery running
more smoothly was proposed today by
Malcolm L. Merriam. chief Of the
installment credit unit Of the United
States Department Of Commerce.
Pointing to wide expansion in in
stallment sales the last few years,
Merriam told the National Retail Dry
Goods Association Convention 1t was
evident that judgment as to the proper
quantity of installment credit and the
timing Of its use may be vastly i'm
proved If stability Of production Is to
be an objective"
Perhaps by financing the growing
installment volume from investment
funds. rather than bank credit, its
diffused stimulus on the upsWing Of
business can be eliminated" he added.
But can see no way, short of inter-
vention by public spending, to counter
act its def1ationary effects in a period
OF debt contraction.
Alarmed Lest 1t Spread.
I'm view of these unsolved prob
lens. even the most moderate state
ment I can make expresses alarm at
the tendency Of installment selling to
spread over the whole credit grant
ing retail field
Merriam attributed recent drying
up OF automobile volume, the main
stay Of installment financing. to IAN
excessive quantity of installment
credit issued when there was little
danger OF impaired liquidity"
Installment credit, he said, had
served as recovery stimulant but
there had been a movement toward
restriction in the last half of 1887 in
light Of business uncertainties.
He estimated installment sales had
Increased last year perhaps 10 per
cent to around S4,s5o,ooO, 900, COM