davidaulloa/AmericanStories huggingface dataset:
Evening star., 1947-02-03
Fields 1estifies
On Conviction
In StockCas
Accountant on Stand
At Contempt Trial
Warned by Judge

Benjamin F. Fields took the wit
ness stand today in District Court
at his trial on contempt of Congress
charges. He followed another de-
fense witness, Ted r. Strom, certi-
fled public accountant who works for
Fields.
Defense Counsel william B. Ma
honey asked Fields, among his first
questions:
"Have you ever been convicted of
crime?"
'I have" Fields replied. He ex-
planned that this was on charge of
conspiracy in 1881 and added that
it grew out of the 1929 stock market
crash.
Court Permits Questions.
Although Prosecutor Assistant
United States Attorney William Hitz
contended that the defense was try
ing to impeach its own witness, Mr..
Mahoney was allowed to proceed.
Mr.. Strom had occupied the wit
ness stand most of the morning. At
one point he was warned of possible
contempt by Justice Holtzoff.
The witness had remarked to Mr..
Hitz:
Last week you had me confused.
I thought you knew what you were
talking about"
IF you make remarks like that
again the court will give very seri-
GUS consideration to Furnishing you
for contempt" Justice Alexander
Holtzof interjected.
Mr.. Hitz showed that on the
Strom work sheets there were at
least two notations that touched on
the surplus bronze wire screening
sale which the House Surplus Prop
erty Committee was inquiring into
last August. Fields is charged with
failing to produce all his financial
records on the sale before the COM
mittee.
Papers Described.
Fields testified that he had given
Representative Ross Ridley, Repub-
lican, of Oklahoma, a member Of
the House committee, a folder con-
tanning a number of papers.
These, he said, included notice
of ALLEGATION by the War Assets Ad-
ministration of the bronze wire to
him, a receipt by the Philadelphia
WAA Office, freight designation
from the Richmond (Va) depot Of
the WAA, and the John Doe"
memorandum showing how Fields
commission on the sale was split up.
Fields explained to the court and
jury the steps taken to purchase the
wire from WAA.
MIR. Hitz recalled today that on
Friday, Mr.. Strom, answering Mr..
lMahoney, said regarding his rec
Iords: There is nothing In them on
, the wire screen deal"
Il Mr.. Hitz read from the steno-
graphic transcript of the trial TO,
Friday.
Evening star., 1947-02-03
IA More Art Students
In Arlington County
Enter Star Contest

Fourteen more young art students
have registered for The Evening
Stars Calendar Art contest over the
weekend, all from Claude A. Swan
son Junior High School in Airing
ton County.
The new entrants are Ronnie
Cutter, Keneth II. Downey, Ashton
Duffey, Barbara Buell., Norman
Beachley, Courtenay Kalbhsisch
Leonore Hunter, Patricia Paine,
Claudia Smith, Harold A. Thomp-
son, Suzanne Hotel, Pat Pryor,
Carolyn Bair and Anne Page Grif-
fifth.
Last week, through a typograph-
ical error, the name of one of the
earlier entrants, Miss Cynthia Ros-
ser was misspelled. Miss Rosser, of
Woodrow Wilson. High School, was
the first high school student to reg
lister in the contest.
The Swanson Junior entrants
bring the total now registered to
81.
Montgomery Hills Junior High
School, which already has entered
13 students, announced at least six
more will be enrolled.
With the beginning Of the new
semester it is anticipated that the
entry list will grow rapidly. All
entries are required to be in by
April l when the contest officially
closes.
The six 500 United States Saving
bonds to be awarded to the artists
whose work is considered best will
be presented publicly during the
downtown display of the entries
which will open around May l in
a suitable auditorium to be selected
when the number of pictures is
known.
Completed pictures may be de-
livered to the Office of the Art Con-
test Editor, Room 724, Evening Star
Building, at any time before April /.
Early submission is suggested to pro-
vide greater ease in handling.
The contest is open to Junior and
senior high school students in all
public, parochial and private schools
of the Washington metropolitan
area.
Evening star., 1947-02-03
Air Crashes to Be Discussed

A discussion on who Is Respon-
sible for the Air Crashes?" will be
broadcast by Station WINK at 7:30
o'clock tonight, with Admiral Emory
S. Land, president of the Air Trans
port Association and former head
of the Maritime Commission, par
ticipating. Robert n. Wood, editor
Of Aviation News, and Scott Hershey
of American Aviation magazine also
will take part.
Evening star., 1947-02-03
Green Meadows, which also holds
Jimmie and his wife and daughter.

Green Meadows, which also holds
Jimmie and his wife and daughter.
Before he can hire his veterans
and put them to work he needs,
first, a place to set up an expanded
shop. Secondly, he needs more
tools. He needs some material to
work with. FoY all these things, he
needs money to start on-some-
where around $4,000 or $3,000-and
he hasn't got any.
The banks, of course, cannot help
him. The venture looks to risky,
as things stand now. The Recon-
struction Finance Corporation has
regretfully come up with the same
decision. They're not allowed to
put up money for projects which
are still in the promotional stage,
they say.
"I've tried every way T know to
get this going" Jimmie said today
Evening star., 1947-02-03

Georgetown road and Tilden lane,
police said.
A native of Bethesda, Mr.. Stock
was graduate of Griswold College,
Davenport, Iowa. He was active in
Republican politics in his district,
running several times for State Sen
ator. ....-
Founded Bank.
Mr.. Stock was a founder Of the
Bank of Bethesda, a member of the
Rotary Club of Bethesda and of
Christ Episcopal Church Of Rock
vile. He was also vice president of
the Bishops Council in the Wash
ington Diocese of the Episcopal
Church. He lived at 6752 Fairfax
road, Bethesda.
He is survived by his widow, Mrs
Mildred Kline Stock, and three sons,
Charles S. Stock of Bettendorf
Iowa; Edward L. Stock, jr., of Rock
vile, and ]. Steven Stock of Prince
ton, N. j.
Funeral services will be held at II
am. Wednesday in the Bethlehem
Chapel of the Washington Cathe-
dral. The Right Rev. Angus Dun,
Bishop of Washington, assisted by
the Rev. Raymond P. Black of the
Cathedral, will offlciate. Burial will
be in Rock Creek Cemetery.
Meanwhile, Virginia State Police
revealed the identity of a Fort Bel
voir soldier who was injured serious
ly Saturday night by a hit-run
driver on Highway No. l south of
Alexandria. The victim was Gordon
F. Schlueter, 81, private first class,
they said. He is in the post hos
pital with fractures of both legs and
head injuries, Army authorities said
Arlington Man Hurt.
The Associated Press reported that
a 21-year-old Arlington man, Lloyd
S. Myer, was in critical condition
at Christiansburg, Va, after the
automobile in which he was riding
skidded off the highway. The young
man, a student at Virginia Tech,
was injured at midnight Saturday
when his car was wrecked near
Christiansburg. At the New Alta
mont Hospital, physicians reported
Mr.. Myer received a brain concus-
sion and chest injuries and was un-
conscious.
Seaman 1fc Robert e. Bullin, q,
of 1135 New Hampshire avenue NV.
is under treatment at Bethesda
Naval Hospital for head injuries
suffered when the Navy Department
car he was driving yesterday struck
the rear of a streetcar at Seventh
street and Independence avenue
SW., police said. His condition is
undetermined.
The seaman was treated first at
Emergency Hospital. Police said the
streetcar operator was James H.
Peck, IS, of $685. Colorado avenue
NV.
Pedestrian Struck.
In another accident yesterday,
Mark Steele, A, of 742 Quebec place
NV, pedestrian, was struck by an
automobile while crossing the 5000
bolck of Georgia avenue, police said.
He was treated at Garfield Hospital
for shoulder injuries and released.
Driver of the car was identified as
Pearl c. Dwyer, 46, Of Mount Airy,
Md.
Cuts of the hand were suffered
by John L. Faulkner, 40, colored, of
4243 Eads street NE, when he lost
control of his car yesterday in the
1900 block of Florida avenue NE.
Police said the car ran over side
walk, severing fire hydrant and
a lamppost.
Evening star., 1947-02-03
Government by Indian Office
Extends OverU S. and Alaska

Throughout the United states the
Indian Bureau operates So boarding
schools, 18 of them off reservations
and 1877 day schools. Thirty-eigh1
offer high school education. Three
thousand teachers are employed tx
instruct 24,775 children.
In Alaska there are 240 teacher
in charge of 112 day schools ant
four boarding schools for Indians
Aleuts and Eskimos. The $4,000 Esk1
mos, scattered over Alaska, are
special concern Of the bureau.
rs Hospitals Operated.
Last year the bureau was operat'
ing 76 hospitals and sanitariums II
the United States and Alaska, pro-
yiding not less than $10,000,0 1000 worth
of medical and surgical service tt
9,22l out patients and 1882 ad-
mitted to the 4,080 beds. In addi-
ton, there are seven tuberculosis
hospitals in the United States ano
one in Alaska.
Many are the problems facing field
workers. Last summer the one flelo
nurse on the Jicarilla Apache reser-
vation in New Mexico, heard of
sick baby. She drove from the
northernmost end rs miles south
took the baby back the entire length
over almost impossible roads. The
baby had pneumonia, but it lived.
But in all the vast Navajo coun-
try, there is no field nurse to per-
form such duties.
Urged to Leave Reservations.
The bureau employees, who include
6 300 Indians and 1890 persons work.
ing part-time, were paid from
general administration fund of $2,-
$14,337 last year. OF this amount,
81, ,64O,337 was appropriated to de-
partmental Offices and $3.50, 600 to
five district. Offices. The bureau en-
ploys 3O4 persons in Chicago, the
present central Office, and 16 in
Washington.
The Indian Offices answer to the
question of giving the redman his
freedom" is this: There are no
restrictions on him now; he may
leave the reservation when he
pleases, and in truth, the bureau
urges Indians to attend public
schools and enter the white mans
world.
During the war $4,000 Indians
served in the armed forces and an
other 10000 engaged in war work
The bureau attempted a survey to
determine how many returned to
the reservations. An accurate count
was impossible, but more than halt
are believed to have chosen their
old haunts.
Peculiar situations, such as In
Arizona where abandonment Of the
Navajos would throw them upon
the mercy of charity, complicates
the picture. In Arizona, as in some
other States, the bureau must pay
part of the expense of any Indians
sent to public schools.
Evening star., 1947-02-03
Mon Burned in Fire

William Coleman, 20, colored, re-
manned in Providence Hospital to-
day for treatment of arm burns re-
ceived yesterday when fire swept
the two-story residence at 1926
Union street SW. where he roomed
The Fire Department reported the
fire, caused by an oil stove explo-
sion, also damaged the house al
| 1927 Union.
Evening star., 1947-02-03

automobile acci-
dent near Rock
: vile, Montgom-
! cry County po-
: lice reported.
!: Mr.. Stock, a
: Washington and
M o n t G m cry
County heating
!; engineer a n d
: b u i l d er, was
hurt when his
| car collided with
one driven by
John F.. Watkins.
III, of Rockville
near the inter-
ccntinn of Old
Evening star., 1947-02-03
Uncle Sam Says

Benjamin Franklin's devotion to
thrift is as well known to my nieces
and nephews as his love Of liberty.
The two go hand in hand because
with wise savings you can give your
self the freedom to achieve many
personal goals for yourself and fam
lily. We remember Franklin's advice
that penny saved is penny
earned. Were he alive today, he
would revise this advice to fit these
times by saying that a three dollars
saved in United States Savings
Bonds earn an extra dollar In 10
years.-United States Treasury De-
partment.
Evening star., 1947-02-03
PAC Man to Speak

Palmer Weber, research director
of the CIO Political Action Commit
tee, will speak at a meeting of the
Alexandria Chapter of the Southern
Conference for Human Welfare at
8 pm. tomorrow at Elks' Hall, 227
North Henry street. Alexandra.
Evening star., 1947-02-03
Builder, Dies
After AutoCras|l
Near Rockville
Fort Belvoir Soldier,
Victim of Hit-Run
Driver, Identified

Edward l.. Stock, 70, Bethesda
builder, civic and church leader,
died last night in Suburban Hospital
of injuries received Saturday in an
Evening star., 1947-02-03
Do You Know That

A man who was a patient at
Children's Hospital 60 years ago
recently sent a contribution to
the new building fund?
A summary of the progress
of the building fund campaign
follows:
Amount needed ST. 300, 900. 90
Contributed to date - 1,l66,626 5S
To be raised -------- 1888 3 ~
Contributions should be sent
to the Children's Hospital New
Building Fund, Thirteenth and
v streets NV, Washington 9,
D. c.
Evening star., 1947-12-23
Cotton Futures Traders.
Err Features Traders.

Big traders in cotton futures in
all markets and in all futures on
october 81, 1947. included:
James E. Bennett 81 Co., Chicago,
u 400 long and 12,40o short. strad-
ding (Which is the same as spread
ing operations in grains).
Bouden, Clay g. Co., New Orleans,
16 300 long and 1880 short. specu-
lative and straddling.
c. H. Brock, Mobile, Ala, 1l.7OO
long, speculative.
J. w. Brown, New Orleans, 12,500
long and 12,500 short, straddling.
L. V. Butler, Memphis, IA 900 long
and $500 short. speculative and
straddling.
Clinton Cotton Mills, Clinton, S.
c., 5000 long, speculative.
Charles L. Cohen, Chicago, 5000
long and 5000 short, straddling.
Milton K. Cummings, Huntsville,
Ala, $4,000 long and 5000 short,
speculative and straddling.
William D. Fielder, jr., Dallas, 49,
300 short, speculative.
Robert M. Harris, New York, 8,700
long and $500 short, speculative and
straddling.
Harris 81 Vose, New York, 14,700
long and 9,700 short, speculative and
straddling.
Leslie j. Healy e. Co.. New Orleans,
So 900 long and 81 900 short, specula-
tive and straddling.
Hrand Issacoulian, New York
10, 100 long and 1900 short, specu-
lative and straddling.
Thomas Jordon, New Orleans, La.
40 200 long and 16,8O0 short, specu-
lative and Straddling.
Loeb, We'll Associates, Montgom-
cry, Ala, 1890 long and $500 short,
speculative and straddling.
Manget Brothers Co., Newman
Ga. 1900 long and $500 short
speculative and straddling, and IT,
700 and 1880 short, hedging.
D. T. Manget, jr., New Orleans
22,200 long and 7.100 short, specu-
lative and straddling.
George H. McFadden & Bro. New
York, 1880 long, speculative and
140, 500 long and $500 short, hedg-
ing.
Edwin T. Maynard, Chicago, 5000
long, speculative.
Arthur G. Post, Lakota, Va, 6,7o0
long and 2,700 short, speculative and
straddling.
Mrs. Christine Sturgis, Camden,
Ark, 5000 long, speculative.
Warren Cotton OIL and Manufac-
turing Co., Warren, Ark, 900 long
and $500 short, speculative and
straddling.
Wolford and Hayward, New York
Evening star., 1947-12-23

Cotton Futures Traders.
Big traders in cotton futures on
all markets and in all futures on
October 81, 1916, included:
Allenberg Cotton Co., Memphis,
$500 bales long and 1000 short,
speculative and straddling, and
10000 long and 19,100 short, hedging.
Atlantic Cotton Mills, Macon, Ca,
5000 long and 1000 short, specu-
lative and straddling, and 12,S00
long, hedging.
w. s. Campbell & Co., Memphis,
$500 long and 1000 short, specu-
lative and straddling, and 1000 long
and 1000 short, hedging.
Ray A. Graham, jr., Washington,
42,300 long and $1,000 short, specu-
lative and straddling.
Harris & Vose, New York, 27,900
long and 17.4o0 short. speculative
and straddling.
Leslie J. Hea]y g. Co.. New Or
leans, $500 long and 51,100 short,
speculative and straddling.
William r. Jones, Holmdel, N. j.,
1000 long and 5000 short, specu-
lative and straddling.
Manget Bros Co., Newman, Ca,
81 200 long and $4,000 snort, specu-
lative and straddling. and $1,000
long and 22,500 short. hedging.
.. T. Manget, jr.. New Orleans,
60,200 long and $500 short, specu-
lative and straddling.
Garner H. Tullis, New Orleans,
$4,000 long and 81 200 short, specu-
lative and straddling.
John c. Weaver, Memphis, 1890
long and 10000 short, speculative
and straddling, 1,100 long and 1900
short, hedging.
John M. Wisdom, New Orleans,
14,100 long and 12,500 short, specu-
lative and straddling.
Soybeans Meal Futures.
Big traders in soybean meal fu-
lures in all markets and In all fu-
lures on Octobepr31, 1916, included:
Myron I. CARRIER, Memphis, 100
tons short, speculative.
Southern Cotton Oil Co., New Or
leans, 1900 long, speculative.
Wheat Futures.
Big traders in wheat futures in all
markets and In all futures on
October 81, 1916, included:
William H. Danforth, Boston,
10000 short, speculative.
B. w. Dyer & Co., New York, 3oO.-
900 long, speculative.
Daniel F. Rice, Chicago. 100000
long and 255,000 short, speculative
and spreading.
E. G. Wallingford, Kansas City,
Mo, 250,000 long and $4,000 short,
speculative.
Corn Futures Traders.
Big traders in corn futures in all
markets and in all futures on Oc-
tober 81, 1916, included:
w. c. Chisum, Chicago. $4,000
long and $4,000 short, speculative
and spreading.
B. w. Dyer a. Co., New York,
,l55 900 long, speculative.
Max D. Greenspan, Chicago. 410,-
900 long and 100000 short. specula-
tive and spreading.
Richard H. Grimm, Chicago, 2lo,-
900 long. speculative.
Investment Corporation OF Phila-
delphia. 5000 long and $4,000
short, speculative and spreading.
Isbrandtsen Co., Inc, New York,
450, 900 long and $4,000 short. spec
ulative and spreading, and 10000
short, hedging.
Lehman Bros, New York, 250, 900
long, speculative.
Leval & Co., Inc, New York,
! 10000 long and SOC, 900 short,
Evening star., 1947-12-23
Dat Futures Traders.


Big traders In oat futures in all
markets and in all futures on Oc-
tober 81, 1946, included:
A. o. Andelin. Idaho Falls. Idaho,
297 900 bushels, long, speculative.
w. c. Chisum, Chicago, SOS 900
long and 100000 short, speculative
and spreading.
William H. Danforth. Boston, L.
SOC, 900 short. speculative.
Ralph K. Davies, Washington,
100000 long, speculative.
Duluth-Superior Dredging Co.,
Marysville, Mich, 100000 short,
speculative.
B. w. Dyer & Co., New York, L..
355 900 short, speculative.
Vincent N. Pagan. Chicago. 420, 900
long and 225,000 short, speculative
and spreading.
Heating Specialties Co., Baltimore,
100000 long, speculative.
Isbrandtsen & Co., Inc. New
York, 100000 long and $4,000 short,
speculative adm spreading and $4,000
short, hedging.
Herman Lubin, New York, SOC, 900
long and $4,000 short, speculative
and spreading.
Manget Brothers Co., Newman, Ca,
425 900 long, speculative.
Norris Grain Co., Chicago, 240,-
600 long, speculative, and $4,000
long and 10000 short, hedging.
Duane Orton, Cumberland, Iowa,
1,480, 900 long, speculative.
Edwin w. Pauley, Los Angeles,
240, 900 long, speculative.
Daniel F. Rice, Chicago, 1,110,000
long and 1,O35, 900 short, speculative
and spreading.
James Richardson & Sons, Winni-
Evening star., 1947-12-23

speculative and spreading and
$4,000 short, hedging.
B. F. Lndheimer. Chicago. 35o. 200
long, speculative.
Walter Lindheimer, Chicago, 225,-
600 long, speculative.
E. T. Maynard, Chicago, zoos 900
long and $4,000 short, speculative
and spreading.
Daniel F. Rice, Chicago. 752 900
long and 100000 short, speculative
and spreading.
Searle Grain Co., Ltd. Winnipeg,
Canada, 100000 short, speculative.
Evening star., 1947-12-23

'on October 81, 1916. the only name
listed is that Of Cargill, Inc, Min
neapolis, 10000 bushels long. spec
ulattye.
Evening star., 1947-12-23

peg. Canada, $4,000 long, specula-
i've, and $4,000 short, hedging.
Under big harley futures trading
Evening star., 1947-12-23
Cottonseed Oil Futures.

1880 long and 1880 short, specu.
lative and straddling.
Evening star., 1947-12-23
Traders in Egg Futures.

Big traders in egg futures on all
markets and in all futures on Octo-
Der 81, 1916, included: Tin carlots.)
Blue Diamond Produce Co., Coun-
Gil Bluffs. Iowa, 76 long, speculative.
j. L. Eichler, San Mateo, Calf, SO
short, speculative.
Fox, Peter Sons Co., Inc, Chi
.cago, II long and 81 short, specu-
lative and spreading, and so short,
hedging.
Holland, Brodsky Co., Chicago, II
short, speculative, and II short,
hedging.
R. F. Jarrett, Dillsboro, N. c., Is
long, speculative.
Harold F. Johnson, Prospect. KY,
Is short, speculative.
Irving Laurie, New Brunswick,
N. j., 20 long, speculative.
Isadore Lipschutz and Charles
Gertwirth, New York, Is long. spec
ulative.
Marshall Land & Livestock Co.,
Belvidere, ILL.,, 81 long and IS short,
speculative and spreading.
Jno. v. Mccarthy Co., Chicago,
80 long and 50 short, speculative
and spreading. .,
Larry Ryan and Co., Inc, Chi
Evening star., 1947-12-23

Cottonseed Oil Futures.
Big traders in cottonseed oil fu-
lures on the New York Produce Ex-
change in all futures on October
81. 1947, included:
Clements Grain Co.. Waco, Tex
SOC, 900 long, speculative.
David Coleman, New York, 540,-
900 long, speculative.
Robert H. Crandall, Tucson, Ariz
100000 long, speculative.
Dyke Cullum, Washington, 480, ,00C
long, speculative.
Ralph K. Davies, Washington
300, 900 long, speculative.
Downing Gin Co., Dyersburg
Tenn, 100000 long, speculative.
Roy Flowers, Mattson, Miss, 600,-
600 long, speculative.
Clem v. Gies, Palm Beach, Fla
600 900 long, speculative.
William j. Grimm, Chicago, SOC, 900
long, speculative.
Orville Harden, New York, 900, 900
long, speculative.
Robert M. Harris, New York, 720,-
600 long, speculative.
Mrs. Alice G. Haslam, Short Hills,
N. j., 100000 long, speculative.
Russell E. Hays, San Angelo, Tex,
1896, 900 long, speculative.
Hoke Oil & Fertilizer Co., Raeford,
N. c., 100000 long, hedging
F. ]. Hughes, joint account, New
York, 100000 long. speculative.
William o. Hunt, Chicago, 800 900
long, speculative.
Rabun Jones, Hollandale, Miss,
100000 long, speculative.
Herman C. Krannert, Indianap-
oils, 100000 long, speculative.
George A. Krug, Jamaica, N. Y,
100000 long, speculative.
Sydney ]. Lamon, New York.
300, 900 long, speculative.
w. Scott Linn, st. Charles, ILL.,,
300, 900 long, speculative.
Manget Bros. Co., Newman, Ga,
540,0 900 long, speculative.
Mrs. Marie McHenry, Beverly
Hills, Calf, 100000 long, speculative.
Edwin w. Pauley, Los Angeles,
100000 long, speculative.
Charles S. Pearce, Chicago. 300,-
900 long speculative.
Schuster Bros, Cover, Mo-, 900,-
900 long, speculative.
George Sirota, New York, 100000
long, speculative.
I. Usiskin, New York, 660, 900 long
and 100000 short, speculative and
straddling.
END October 81. 1947, List.)
Evening star., 1947-12-23

cago, is long and IS short, specu-
latlve and spreading.
Evening star., 1947-12-23

600 long and $4,000 short, specula-
tive and spreading.
J. E. Seagram 81 Sons, Inc, Louis
vile, KY, 100000 long, speculative.
Tidewater Grain Co., Philadelphia
545, 900 long and $4,000 short, spec
ulative and spreading.
Evening star., 1947-12-23
Butter Futures Traders.

Big Traders in butter futures on
October, 1947, included:
C. j. Best and Co., Chicago, 68
carlots long and 20 short, specula-
tive and spreading.
Stone, Saul and Co., Chicago, 81
carlots long and 81 short, spread
ing.
Milford chronicle., 1947-12-12
SAVING BONDS ARE
A GOOD INVESTMENT

Thrifty citizens of Delaware can
draw out, on or after today, $780,
600 they have accumulated in
Christmas Clubs operated by banks
in this state, according to an an
nouncement by Christmas Club
headquarters in New York City.
Commenting on this today,
Clarence E. Keyes, State Director
Of the Savings Bonds Division, U. S.
Treasury said: According to a
cross-section survey made by the
Christmas Club organization, 30
per cent of the national total of
STAT, ,000,000 to be distributed to g.
100000 club members in some $500
banks and savings institutions will
go into permanent savings.
"It is hoped that much of that 80
per cent will be invested in U. s.
Savings Bonds, especially Series
L Bonds, which return four dollars
for three in ten years averaging
2.9 per cent interest, compounded
semi-annually if held to maturity.
Every dollar that can be saved