davidaulloa/AmericanStories huggingface dataset:
Evening star., 1953-05-11

announced it would borrow 81
billion in cash at 3A per cent
on a thirty-year bond. The
offer was oversubscribed.
1t wasn't the rise Of interest
offered on this single billion
that was so important by it.
self but what effect it had and
will have on the future Of the
entire structure of Government
and private debt involving tre-
mendous sums. It was tanta-
mount to recognizing that
money has been earning too
little and that hereafter money
would get a better income.
Immediately. for instance. the
effect was felt on Federal hous-
ing loans and mortgage loans
generally. Veterans loan in
terest went up from 4 to AZ
per cent. Interest on Govern
ment housing loans rose from
~ to AZ per cent.
Immediately a hue and cry
arose from some Of the polit-
zeal folks-the radical Demo-
crats-who saw an end coming
soon to the flow of Government
capital for socialistic enter
prises, including public owner
ship projects that are first
cousin to the state socialism Of
either the Fascist or Commun-
ist type.
But the truth is the step just
taken emancipateS a vast num-
ber of people-the lenders or
savers-from the bondage Of
cheap money and imitation.
For when money is made cheap
deliberately an artificial boom
is created by the Government
itself and prices of everything
go sky-high.
If one looks at the political
side, there are more votes
among the lenders than among
the borrowers in America. Ev-
cry owner of an insurance pol
icy or a pension contract in a
sense is a lender. This is
because the money that is put
out at interest by the insur-
ance companies cannot earn a
Evening star., 1953-05-11

policy under Secretary of Agri-
culture Benson as well as in
the Interior Department. He
said, among other things:
"At a time when the farm
problem is casting it's ugly
shadow across the whole of
agriculture, why does Benson
urge a 10 per cent cut in ap-
preparations for the United
States Department of Agricul-
ture? Right at a time when
farmers need help the worst,
PIMA, SCS, FTIA, REA and
other governmental agencies
which have been rendering
good service to farmers are to
be sharply reduced! I don't
understand it.
Then / wonder at the
goings-on in the Department
of the Interior. as well as in
REA (Which is in USDA)
about public power and trans
mission lines and telephone
service. Every member Of a
farmers electric cooperative
understands the terrific fight
we've had over power and
transmission lines. The priv
ate utilities want to keep us
short Of power; they don't
want us to have our own
transmission lines. They want
to furnish all the power.
transmit it to our local CO.
operatives, and charge US all
more than we can afford. The
Interior Department and the
new officials of USDA seem to
favor the utilities right at a
time when farmers need help
the worst"
And so it goes with economy
and "S0ci0l gains
Evening star., 1953-05-11

Up to q couple Of years ago
there was no Western nation
more respected and liked in
Iran than the United States.
Premier Mossadegh came to
Washington last year for a
short visit and stayed for
nearly 10 days. He was given
the presidential suite at WAL
ter Reed Army Hospital where
he spent some delightful days
under the courteous and able
care Of the military doctors
who gave him a thorough
checkup.
American Protestant educa-
tional institutions were estab-
lished in Iran when it was
still known as Persia and long
before we had even minor
diplomatic representation in
that country. A number of
Persian leaders are graduates
Of those colleges. The Teheran
government looked to us after
the war for support against
the Muscovite encroachments
and it was due principally to
q determined American stand
that the Red troops which
entered Azerbaijan in 1945
were compelled to leave in
1916. ....
But after the naturalization
Of the Anglo -Iranian oil fields,
this friendship began to cool
off although we had no in
tention of grabbing anything
Iranian. One of the cardinal
points of our foreign policy
is to support the interests of
Great Britain, particularly in
the Near and Middle East,
without asking even for the
usual quid pro quo.
1t is true that during the
quarrel between London and
Teheran we counseled moder-
alton to our British friends
and actually prevented a mill
Evening star., 1953-05-11
Doris FIeeson:

AS the financial pages Of the
Nation have duly noted, the
Eisenhower administration has
suffered a severe setback in the
field in which it was supposed
to be strongest-economics
Such setbacks inevitably have
. political effect.
The situation is reflected in
various gloomy pronounce
ments by Republican spokes-
men. Senator Taft has warned
that the Eisenhower deficit
may be even greater this year
than any of Mr.. Truman's.
Secretary of the Treasury
Humphrey has talked of rails
ing the national debt ceiling.
What has happened is that
Mr.. Humphreys first major
move in what was touted as
his bold new hard money
ROAASJ wac q 0PCNVe1CuAdA 4d14~
ure. The Treasury Secretary
raised the. interest rate one
half of one per cent on his
first offering of long term
bonds, which was in the COM
paratively modest amount of
81 billion.
Although $6 billion worth
of subscriptions were entered
for it, these bonds are now
selling below par; in fact,
they went to a discount before
they had even been issued.
This situation was described
by Business Week as "igno-
miny" for the Treasury, by the
New York Times as a "fiasco
that had been handled in
eptly."
The problem now posed for
Evening star., 1953-05-11

tary intervention when the
British government decided to
occupy Southwestern Iran.
But outside of such action.
which we considered suicidal
for our ally because it would
have brought it face to
face with a much stronger
Russian force ready to "help"
Iran at once, we have sup
ported to the limit Of our
ability Britain's demands on
the Teheran government.
AS a result of this attitude.
American prestige among the
Iranian masses has fallen to
an unprecedentedly low ebb.
Mossadegh and his followers
in the government and in par
Lament are still discreetly pro-
American. But they do not
dare make any gestures to-
ward us lest they give more
ammunition to the Tudeh
(Communist) Party and the
religious fanatics who have
been strongly propagandized
against us.
But a gesture by the Amer.
ican Secretary of State would
have been something entirely
different and might have dis,
proved the stories circulated in
Iran that America is fronting
for Great Britain.
A short stopover by Mr..
Dulles could have softened up
the present strong anti-Amer-
ican sentiments and might
have helped our diplomatic
mission in Teheran.
The fact that the Secretary
of State could not spare a few
hours tends only to give weight
to the Shrewd Red propaganda
in Iran and some of the other
Middle Eastern countries that
America will do nothing to
offend, even by implication,
the sensibilities of the London
government.
Evening star., 1953-05-11

Every month their guards ro-
tate-Britain, America, France.
the Soviet Union. With the
change of guard the whole
system, including rations,
changes. the Russians reducing
them to starvation level.
The prison is guarded by
high electrically charged fen
ces and can be swept by a
storm Of bullets from machine
gun nests. Every fifteen min
utes during the night lights
are turned on to flash in the
prisoners eyes. Once in two
months they are permitted
one visitor for fifteen minutes,
who may speak only through a
heavy wire mesh with every
word recorded. Prisoners may
write censored letters not ex-
ceeding 1,500 words per month.
They are forbidden newspa-
pers or any current publica-
tions.
No personal turpitude has
been alleged against the two
admirals.
Every judicial standard was
violated in the ad hoe tribu-
nails that tried them. Every
civilized standard of the treat
ment of war prisoners is being
violated at this moment. And
meanwhile, the West-co-op-
Grating with the U. S. S. r. in
their torture-is pressing West
Germany to rearm.
But who would like to be
again a German officer?
And what shall be done in
their case about "the rights
on which this nation was
founded?
Evening star., 1953-05-11

Secretary Humphrey lives in
two stubborn facts. Within
two weeks the Treasury must
face up to another momentous
step in debt management. It
must fix terms for refunding
six billions of the national
debt coming due between now
and June IS. And this is
only the first of four big re-
findings totalling q billions
which the Treasury must ham
die between now and next De-
cember /.
Meanwhile, commercial in
terest rates of all kinds were
raised, following the Treasury's
lead. The effect on would-be
home owners was instantane-
GUS. Public utilities are feeling
the pinch and so are NUM-
cipalities.
Congress hears about this
kind of thing with rare speed,
and it can be expected that it
will have many questions to ask
of the Secretary of the Treas
ury before he undertakes any
new moves.
There are inklings that ques-
tions are also being raised
within the administration it.
self.
One of the administrative as
sistants to the President is Ga
briel Hauge, a former editor of
Business Week. and it is under
stood that the President relies
upon him for advice in eco
nomic matters. The directing
head of Business Week. Incl
dentally. is Eliot v. Bell, for
merly Gov. Dewey's Superin-
Evening star., 1953-08-20
Senate Unit 10 Probe
Dope Sale toChiIdren
And Rise in Gangs

Dope peddling to children and
the rise of juvenile gange here
will come under the scrutiny of a
special Senate subcommittee.
Washington was listed as one
of the first targets of Nation
wide investigation. which got
rolling yesterday with selection
of a staff.
New York and Los Angeles
also were listed as likely pros
poets for investigation, although
the dates and places of hearings
were not finally decided.
The subcommittee, headed by
Senator Hendrickson, Republi-
can, of New Jersey, is undertak-
ing an intensive investigation into
the causes Of juvenile delin-
| quency.
After q subcommittee session
yesterday. Senator Hendrickson
announced the appointment of
Herbert j. Hammock, Newark at
torney, as chief counsel. Also
hired was Douglas MacNeil, an
official of the New Jersey De-
partment of Institutions and
Agencies.
The group also has employed
an unnamed agent of the Fed
eral Narcotics Bureau to help in
the investigation.
Senator Hendrickson said the
inquiry will require closest CO.
operation of State and local Of
ficials who deal with juvenile de-
linquency.
The subcommittee, which has
$4,000 for its inquiry and will
pay its chief counsel at the rate
of $11,646 year, plans to spend
much of its time delving into
the factors of American life
which attract youngsters from
their homes and lead them into
juvenile delinquency.
Senator Hendrickson pointed
out that more than one million
children in their teens or younger
are getting into trouble with the
law each year. At the present
rate of increase, he said, the
number would reach LIS million
by 1860.
Evening star., 1953-08-20
Sailor Held for Assault
On Police in Morals Case

A sailor was charged today
with running down one officer
and assaulting three others after
they surprised him with a woman
IN his automobile.
Jack R. Brooks, q, a seaman
attached to naval operations at
the Pentagon. was booked on a
morals charge in addition to
assault with a dangerous weapon.
reckless driving and three counts
OF assaulting police officers.
Inspector Roy E. Blick said
four members of the morals
squad saw Brooks pick up a
woman and followed his car until
he was parked in the 200 block
OF E street S.W. Two of the
policemen went to the car. When
Brooks saw them, they said, he
suddenly drove away, knocking
Pvt. Leroy w. Barnes to the
street.
The policemen halted Brooks
car at Third street and Penn
sylvania avenue NV. They re.
ported the sailor fought them
and called to bystanders for help.
The woman fed.
Evening star., 1953-08-20
Fairfax Officials Seek
Bus Safety Controls

Fairfax County officials today
were trying to determine whether
the county or the State of Vir-
ginia has adequate power to en-
force safety controls over private
school buses.
Mrs. Anne Wilkins, supervisor
from Falls Church District,
asked County Executive C. C.
Massey to study the matter at
yesterdays Board of County
Supervisors meeting.
Mrs. wilkins asked the admin
istrative officer also to determine
the feasibility of obtaining nee
essary powers if adequate county
or State powers do not exist.
The supervisor referred to an
accident near Rockville, Md,
last month in which a day-camp
bus, operated by a 17-year-old
boy, ran off the road, killing one
and injuring nine of its passen-
gers. Mrs. Wilkins said she read
where Montgomery County was
taking steps to regulate private
school bus operations as a re-
suit of the accident.
Evening star., 1953-08-20
.UCS Research Chief Predicts
Even More Women for D. C..

The Washington Of the future
will have even more women than
it has now.
That's what Miss Rita E
Beuchert, director of research
and statistics of the United
Community Services, said yes
terday. She spoke in the Wash
ington Gas Light Co. auditorium
Eleventh and H streets NV, as
the second in a series of three
meetings to acQuaint new men,
bers Of UCS with Its problems
and program.
eve face a future city," she
said, with more women, more
middle-aged and old persons;
fewer children; less residential
construction; increased use of
land for Government buildings
and national and international
organizations.
1--WE must plan for more con-
Structive leisure time activities
for our increasing female popu-
lation or be confronted with an
increase in crime, prostitution
and illegitimate pregnancies.
Must Consider Aging.
"We must think of our aging
population when we plan recrea-
ton facilities and programs. We
must Immediately recognize the
educational, recreational and
health needs of young pcpula-
ton which has moved into the
outlying sections OF the city and
the suburbs. We must face the
fact that so-called slum areas
must be wiped out and adequate
housing made available for
every one.
1--WE must realize that we have
an educational and public rela-
tions job to do with our neigh
bors, our Congress, and the en-
tire Nation, to the end that we
will have sufficient moral and
financial support for the job we
have to do"
Miss Beuchert gave the audi
ence Of 125 persons these sta
tistics about the National Capt.
tai:
A District departments budget
must go before 81 groups includ-
ing congressional committees
and subcommittees. She said
Evening star., 1953-08-20
Madison Drive Parking
Restricted Near Monument

Bright new No Parking and
two-hour parking signs went up
on Madison drive between Four
teenth and Twelfth streets S.W.
today.
The new signs came as a sur
prise to many who have been
using the strip for all-day park
I ing.
The signs in the area read
mo Parking from z am. to $50
am" and "Two-Hour Parking
from $50 am. to $50 pm"
Inspector Mark Raspberry,
head of the Park Police, said the
new restrictions are an attempt
to provide more parking space
for visitors to the Washington
Monument. He said the area is
congested daily.
Mr.. Raspberry said the new
regulations would probably be
permanent, unless the conges-
ton around the monument
proved to be a seasonal" thing.
Changes would probably be
made in that event, he added.
Similar parking restrictions
also have been placed in the
mall from Seventh to Twelfth
streets S.W. on Adams, Wash
ington and Jefferson drives. No
restrictions have been placed as
yet on these drives, except for
Madison. between Twelfth and
Fourteenth streets.
Evening star., 1953-08-20

this is "tied up with our lack
of franchise"
Washington, ninth largest city
in the Nation, with 1900 in
1850, has SO per cent women, S
per cent foreign-born, 35 per
cent Negro, and IL per cent of
its adult population divorced or
widowed. 1t has 10000 fami-
lieS-74.5 per cent of them with
out children under 10. Thirty
per cent Of its men are single,
and 26 per cent Of It's women.
In the 1850 census, it devel-
oped that SO per cent of the
men and As per cent of the wom-
en- worked for the Government.
In 1851, more than 10000 ba-
bieS were born to District resi-
dents and about II per cent were
born out of wedlock, she declared.
While marked reduction has been
made in the tuberculosis rate
here, she said it is still about 80
per cent higher than the rate for
the country as a whole. Wash
ington's homicide rate is 119 per
cent higher than the national
rate; the suicide rate is % per
cent higher, the death rate from
heart diseases is 10 per cent
higher and the infant mortality
rate is 8 per cent higher, she as
serted.
Other speakers were Mrs.
Charles Runyon. immediate past
chairman of UCS Volunteer Serv-
ices and Isadore Seeman, as
Sistant UCS executive director.
The Recorder of Deeds, John
B. Duncan, who is also second
vice president of UCS, presided.
Evening star., 1953-08-20
HyattsviIIe Woman
Charged in Highway
Fatality in Tennessee

A car driven by a Washington
area woman was involved in an
accident near Blountville, Tenn,
yesterday in which a Tennessee
highway maintenance employe
was killed.
Highway Patrol Corpl. H. K,
James told the Associated Press
the car was driven by Mrs. Annie
P. Reeves, SO, of 3714 ingalls,
avenue, Landover Estates, Hy-
attsville, Md. The dead man was
Arthur Godsey. SO, of Blount-
vile, who was at work on the
roadside.
The State patrolman said the
accident occurred on U. S. Route
11-W two miles west of Blount-
vile about 4 pm. yesterday
after Mrs. Reeves car went out
of control on a curve. The car
hit a e-foot-deep drainage
ditch and turned over, crushing
Mr.. Godsey beneath it, the pa
trolman reported.
Mrs. Reeves and two other oc-
cupants of the car, identified
only as Mrs. Ellen Watson, SO,
of Washington, and Yvonne
Rodgers of Fairfax, Va, were
treated for injuries. Mrs. Reeves,
police said. was charged with
involuntary manslaughter.
Evening star., 1953-08-20
AIexondriun Named
Republican Leader

Attorney Robert S. Hope, OF
407 South Washington street,
Alexandria, has been appointed
10th District Republican cam
paign chairman by I. Lee Potter,
the district G. o. P. chairman.
Mr.. Hope, a member of the
Republican State Central Com
mittee, promised an all-out cam
paign for the party ticket headed
by State Senator Ted Dalton of
Radford for governor; Stephen
Timberlake of Staunton for lieu
tenant governor, and Walter S.
Hoffman Of Norfolk for attor-
ney general.
Evening star., 1953-08-20
Transit Fares
Lower in D. E.,
Expert Admits
Commission Aide
Comedies Some Cities
Permit Higher Rate

The Capital Transit Co. today
won from a Utilities Commission
consultant concession that its
transportation fares are lower
than those now prevailing in a
number Of other comparably
sized cities.
Edward A. Roberts, of New
York, retained by the District
Public Utilities Commission for
the present rate hearing, made
the admission under cross-exam-
ination by Company Counsel F.
G.. Await. Although he denies
he is an expert" Mr.. Roberts
was chosen by the commission to
look over the transit company's
rate structure and report his
findings and conclusions.
Submits Rate Chart.
Earlier in the proceedings, the
conSultant submitted a chart
that ranked Washington's street.
car and bus fares among the
highest in the country. Under
questioning by Mr.. Await, how
ever, Mr.. Roberts said that in
preparing his chart he did not
take into account the fact that
number of other cities charge
transit passengers on a zone
basis, impose a charge for trans
fers and have a higher school
fare than the Scent per ride
charge required here.
Mr.. Await pointed out that in
Philadelphia fares are Is cents.
the same rate Capital Transit
now charges, but that the charge
for transfers in the Pennsyl-
vania city raises the average cost
per ride above the District level.
The lawyer added that an g.
mile ride from Pinehurst Circle
to Thirteenth street and Penn.
sylvania avenue NV. costs the
local transit rider Is cents at the
token rate, whereas in Indianap-
oils ride over the same distance
costs % cents.
Higher Fares in Plea.
Capital Transit seeks to raise
its fares to 20 cents cash. five
tokens for 95 cents, and to elm.
mate the weekly pass. Mr.. Rob.
erts has submitted a seven
point fare structure which en-
viSages the 75-cent weekly per-
NIT with a charge of 10 cents
per ride, and cash fares rang
ing from II cents to 20 cents
per ride with a token charge
scaled proportionately.
In one brief exchange this
morning, Commission Counsel
Lloyd B. Harrison observed:
Transit companies always ask
for far more than they are en-
titled to. and they know it,"
To which, Mr.. Await retorted:
I won't concede that. I will
say it is not true as far as Cap
ltal Transit Co. is concerned"
Evening star., 1953-08-20
Starlight Movies
Playground Film
Program for Tonight

Programs presented by The
Evening Star through the CO.
operation of the District, Airing
ton County, Prince Georges
County. Montgomery County and
Alexandria Recreation Depart
ments and the Film Center of
Washington:
Washington, at Dusk.
Stoddert, Thirty-ninth and
Calvert streets NV.
Raymond. Tenth street and
Spring road NV.
Powell, Sixteenth and Lamont
streets NV.
Sherwood, Tenth and G streets
NE.
Garfield. Second and r streets
Sc; also craft exhibit at pm
Anne Beers, Thirty-sixth
place and Alabama avenue Sc.
Cook. first block Of p street
NV.
Rose Park, Twenty-seventh
and o streets NV.
Kelly Miller, Forty-ninth
street and Washington place
NE.
Syphax Center, 105 s street
S.W.
Arlington County, $3.50 PM.
Yorktown, 5201 North Twenty
eighth street.
Shirley Homes, 1908 South
Twenty eighth street.
Montgomery County, $3.50 PM.
Norbeck, Norbeck.
Rolling Terrace, Bayfield, and
Hood streets, Takoma Park.
Evening star., 1953-08-20
Washington Man Hurt
In Crash at Accokeek

A Washington man was in
jured yesterday when the car
in which he was a passenger
crashed into the rear of an
other car trying to make a left
hand turn. The accident oc-
Cured at 7:15 pm. on Route
210 at Accokeek, Md.
Injured was Thomas F. Lacey,
IS, of the TOO block of Upsal
street Sc. He suffered a bro
ken collar bone and severe cuts
on the right hand.
State police said the driver
of the colliding car was Nc
Clellan Cztterton, "a, of the
4600 block of Livingston road
Sc. He was unhurt.