davidaulloa/AmericanStories huggingface dataset:
Evening star., 1953-05-31

OPEN SUNDAY, 1-6
GIS-Ss25 down-Bellehaven l lge.
Cape Cod with 2 lge. bedrms.. ex-
bedrm. ramblers with big beaut. liv.
nm. Close in but very secluded.
Total price. S16.500. DIR: Out
Central ave. past Addison rd. blk.
to Barney's Market, right to Belle
haven homes
Doug. M. Smiley, Inc.
On. 4-s26o. AP. 1920. UN. 1910.
Evening star., 1953-05-31
JIM BRITT
$3.50 DOWN

Mr.. ANDREWS BOILING. N. r. L.
Price. S6,950: 2-bedrm. bungalow
120x220 lot. IL Woodland rd.,
Morningside. Md. JOHN H Nc
ALLISTER REAL ESTATE. 10.
Evening star., 1953-05-31
YOU'LL FREEZE

II you don't come warmly dressed
when you enter this air-conditioned
Cape Cod. There's flrepl in the
liv. rm., sep. din. rm., screened
porch, equip. kit. 9 twin bedrms.
and tiled bath on first fl. A large
fin. bedrm. is on the second. Part
bSmt... det. garage. Lovely level
fenced wooded lot on dedd-end
DUCED TO $15,5OO WITH $500
70 INSPECT: Drive out Lee hwy. to
Nottingham St. turn left to 91st
st. Then right to co.'s N. 21st st.
and our OPEN HOUSE
Evening star., 1953-05-31

FALLS CHURCH
BEST SMALL HOUSE
604 BLAIR ROAD
PIE, OR RETIRED FOLKS. This
sparkling new vacant brick rambler
has large liv. rm. with firepl., din,
rm;, G. E.: de luxe kitchen, 2 large
bedrms.. tile bath. large wooded lot; :;
short walk to shops. schools, bus,
rentaEon ana d. c. S15.950. very
Directions: Out Columbia Pike past
Bailey's Crossroads to Blair rd.
turn right to property.
Evening star., 1953-05-31
FOLLIES BERGERE
OOH, LA LA!

Colonel transferred can't take you
you. his house. Just q months old,
and custom-b built, this 3-bedroom,
21a-bath Colonial is o in spotless
condition. There's a paneled recre-
alton room in the full basement,
large screened porch, separate
breakfast room. adjoins the de-
luxe equipped kitchen, and an at
tached garage. All this in fashion,
able Lacey Forest, an area of lovely
custom homes. Just reduced 81 800
to S2S.95O. with generous terms.
TO INSPECT: Drive out Washington
blvd, few blocks past Glebe road
70 Inglewnod street. turn left to
Evening star., 1953-05-31
OScar-Award Rambler

OSCdI WdIU ILd1IIUIET
DE LUKE IN EVERY RESPECT AND
living and din. rm., equip. kit. with
eating space. Dry bsmt.; at. gar.
Beautiful large lot with tall. tai
trees. SEE THIS ONE FIRST! ONLY
$1,000 DOWN!
DIRECTIONS: Out Lee hwy. to
Falls rd., left to 27th. right to
Venable and OUR SIGN"
Evening star., 1953-05-31
BELLEVUE FOREST

BELLEVUE FOREST
Best Rambler Buy
LOCATION. New. mod
ern brick. GOOD size rms. extra
large kit. full bsmt. &C. garage.
TOPS FOR ONLY S23,95O!
Out Lorcum lane te
Military ;, rd;; 5isht to corner of 31st
WESTOVER AREA
4 Bedrooms-2R Baths
YOU CAN WALK TO EVERYTHING
SCHOOLS. SHOPS, BUS. Builders
brick home. Excel. cond Full bsmt.
screened porch; large lot with trees.
DESIGNED FOR A GRACIOUS
HOME OR PERFECTLY SET up
FOR HOME AND INCOME! UN-
DERPRICED AT S24,95O!
Out Washington blvd.
lust beyond Westover shopping
center to 18th ST., direct right to
OUR SIGN"
TO INSPECT EARLIER, CALL OUR
AIR CONDITIONED OFFICE
w. FRANK CANEY, INC.
1880 Wilson Blvd. Arl.
ia. 5-6161 ga Hrs. Day.
Evening star., 1953-05-31
STRATEGIC LOCATION
3 Bedr0nnS-2 Baths

DON'T FAIL TO SEE THIS TODAY
Brick. dry bsmt., garage. HOBBY
SHOP" Lovely lot with trees Walk
and shops. TRANSFERRED CO.
LIONEL SAYS sell AT ONCE"
to Fillmore ST., right to 5th St, or
out Arlington blvd, No. 30. to Fill
more, left to 5th ST., right to OUR
Evening star., 1953-05-31
ALEXANDRIA
AL BAKER OFFERS
MIR, INVESTOR

Make this 7-rm. house make
money for you.
$3.50
Has bSmt.. bath and coal
heat; nr bus. shopping and
churches. A buy of the year.
See for yourself.
XII. 9-6644 TIE, 6-7343
Evening star., 1953-05-31
OPEN E1SF'2S''fF 2 I'LL 6

CRASH! BANG! SLASH!
YOU SET THE PRICE on this spar
king 3-bedrm. brick home with
bsmt,. and conv. to schools. bus.
IDEAL FOR MILITARY. LARGE 4eo
LOAN. GOOD TERMS!
DIRECTIONS: Out Columbia pike
beyond Glebe rd, to Taylor ST..
right to sth ST.. right to OUR
Evening star., 1953-05-31

ACCOMMODATIONS Hall Village. s.
bedroom brick, 8 mos. old: owner
leaving city: near new school, shop
ping center: $4,000 cash; S14, 300,
OWNER. King 9-5902.
Evening star., 1953-09-23

ment who are trying to reduce
expenses, cut taxes, eliminate
, bureaucracy and foster a demo-
cratic form of government"
He said the banking system
must play its part in maintain
ING full employment and per-
petuating a sound and ever-in-
Creaslng prosperity.
I'VE must work constructiyely
with those in charge of our
Government who have much to
do in shaping the future of our
country" he said. However, in
our position of world leadership
we must prove that we can
manage our affairs under free
enterprise in such a way as to
maintain good levels of employ
ment and activity without war
or Government assistance"
Mr.. Reese long has been active
in ABA affairs. He served on the
executive council and the Federal
legislative council of the associa-
ton from 1943 to 1916.
He was a member of the small
business credit commission from
its inception in 1914 to 1916 and
chairman of this commission
from 1948 to 1852. He became
vice president at the Atlantic
City convention last year.
He has served on the faculty
Evening star., 1953-09-23
ABA Elects Reese,
SmaII-Town Banker
OF Newark, Ohio

Everett D. Reese, president of
the Park National Bank of New
ark, Ohio, a small-town banker,
was elected president of the
American Banking Association
at the closing session today.
Formerly vice president of the
association, Mr.. Reese succeeds
w. Harold Brenton, president of
the State Bank of Des Moines,
Iowa.
Homer Livingston, president
of the First National Bank of
Chicago, was elected vice presi-
dent. carrying out the tradition
of alternating a big-city banker
with a Small-town banker in the
ABA'S top Offices.
Mr.. Reese, accepting the presi-
dency. pledged the support of
the ABA to those in Govern
Evening star., 1953-09-23

Federal debt stands around S272
billion).
"A short and modest step has
been made in stretching our ma
TURTLES in refunding issues by
giving holders choice between
one-year and somewhat longer
maturitieS," he continued. I'VE
should have liked to have moved
further in this direction, but
market conditions did not JUS
tify it,"
Referring to the market drop
and rising interest rates which
accompanied the Offering of
longer-term 314 per cent bonds
in April, Mr.. Burgess said:
THE few steps we have taken
toward spreading out the debt,
together with other pressures for
funds and the Federal Reserve
policy of mild credit ~estraint
have caused some jolts and
bumps in. the market. Some of
these have been unpleasant,
particularly for holders of long
term Government bonds, who
have seen the prices of their
bonds depreciate in the market.
Looked on IS Normal Risk.
Most holders, including bank
ers. have taken the price change
in good spirit and with under
standing, as one Of the normal
risks of investment"
Mr. Burgess pointed out that
the adjustment to freer markets
and more realistic rates started
several years ago, and especially
since the accord reached by the
Federal Reserve System and the
Treasury in the spring of 1851.
"For example," he said, "the
longest 212 per cent bonds were
selling above LOG in April, 1916
they were down to 9512 in jan
uary. 1858, dropped below 80
early in June and now are back
up above 9312."
Mr.. Burgess said two principles
guided the Treasury in its debt
management: Cd to avoid in
| f1ation or def1ation, and CD to
Evening star., 1953-09-23
Bankers

Continued From First Page.)
that with employment and pro-
duction at record levels, bal
ancing of the budget is essential
to a strong and stable economy.
Another policy statement said
it is the responsibility of every
banker to intensity his efforts
to inform his community about
the services his bank performs.
Finally, the organization re-
neWed its support of the Gov
ernment's Savings Bonds sale
program.
Situation Improved.
Mr.. Burgess, in his address,
credited the Governments i'm
proved budget situation for his
forecast of a possible end to
deficit financing.
The market has now shown
evidence that it has weathered
a readjustment to higher yields
and is able to stand on it's own
feet without price props" he
told the bankers.
Without new cash to raise,
we and the market will be freer
to deal with refunding," he said.
Pointing out that the Treas
ury has had to finance more than
$50 billion of matured bonds and
redemptionS. in addition to a
deficit of SO to $40 billion in
1858, Mr.. Burgess said this has
been accomplished without any
net increase in bank holdings of
Government securities, hence,
without any increase in inf1a-
tionary pressures from tlRt
cause.
Bulk of Debt NearS Maturity.
However, he pointed out that
steps taken so far in funding
the debt scarcely show in the
totals and that nearly three
quarters of the debt still will
mature within five years.
with this huge debt getting
shorter day by day, you have
to run fast to keep even," he
said. In 1854, we shall still have
to refund a quarter of the debt. "
according to recent figures, the
Evening star., 1953-09-23

of the real value of our bonds and
our money. That is what has
been done-that is what we are
stopping"
Near the end of his address
there was laughter when he
turned to the final section cap
toned in the newspaper advance
as looking ahead" and Smilingly
said Nov, let me tell you ex-
actly what is going to happen. "
Then after the laughter: In
my best bureaucratic language,
of course"
Preceding his prepared address
Mr.. Burgess thanked the banks
for their spirit of cooperation,
particularly in the sale of United
States savings bonds. You
bankers are the Treasury's sales
men," he declared.
! Later, he said the Treasury
had been aided materially in its
task of debt management by an
ABA committee headed by Rob-
ert V. Fleming of Washington
and other committees represent
ing the Investment Bankers AS
sociation, saving banks, life in
surance companies and other
I groups and individuals.
/ MI. Fleming is a past presi-
dent of the ABA and board
chairman and president of the
Riggs National Bank.
Candian Speaks.
The final speaker Of the con-
vention was Leonard w. Brock
ington, c. NJ. G., @. c., of Toronto
Canada. He is president of the
j. Arthur Rank Organizations OF
Canada, Ltd, and a former presi-
dent of the Canadian Bar ASso-
citation.
He said the United States peo-
pie have become the vigilante!
of the world and added, "Yol
have no more faithful friends il
the world than the men of Great
Britain, Canada, Australia anc
New Zealand. They cherish the
sanities and decencies of life"
1t was announced today thai
next years convention will bt
held at Atlantic City October
| 1920.
Evening star., 1953-09-23
Bankers Playing Santa Claus
ToHoteIs, Cafes and Florists

December IS is about three
months off but it's already
Christmas time for Washing
tons hotel keepers, florists, res
taurateurs and others.
The bankers are in town.
They're a collective Santa Claus.
Robert C. Baker, president of
the District Bankers Associa-
ton and head of the general
convention committee for the
American Bankers Association
meeting, gratefully told the visi-
tors at their meeting yesterday
it had been estimated they would
spend $3.5 million here.
Divide that figure by the 1900
registration figure and the $46C
result appears a little high fol
the four-day stay of most OF
the visitors. But take a look at
the entertaining gcing on and il
seems reasonable.
Little banks make deposits in
Evening star., 1953-09-23

of the Graduate School of Bank
ing since 1949 and as lecturer at
the School of Banking at the
University of Wisconsin. He was
president of the Ohio Bankers
Association in 1942-1943 and was
member of the National Volun-
tary Credit Restraint Commit
tee and the Small Business Ad-
ViSory Committee to the Secretary
of Commerce.
He is a director Of number
of companies in Central Ohio
and is a past president of the
Newark Chamber of Commerce.
Livingston Active.
Mr.. Livingston also has been
active in the association, having
served as member of the COM
mittee on Federal legislation and
chairman of the subcommittee
on bankruptcy from 1910 to
1945. He has been member of
the credit policy commission
since 1949.
He started his banking career
with the First National in 1922,
became vice president in 1945,
and president in 1850. He is
chairman of the executive COM
mittee and chairman of the stock
trustees of the Monon Railroad,
president of the National Safe
Deposit Co. and a director of the
Continental Casualty Co. and
the Continental Assurance Co.
The nominations were present.
ed to the convention by Frank
c. Rathje, of Chicago, chairman
of the Nominating Committee.
Evening star., 1953-09-23

big banks. Big bankers are anxi-
Gus that little bankers know they
appreciate the business. Some
big banks have bank depositors
all over the country.
Some of the most opulent en-
tertaining has been offered by
the Bank of America, the giant
California organization. Mon
day it invited bankers to buffet
luncheon in the Mayflower
Hotel ball room. California
Spanish delicacies competed with
turkey. ham and lobster and the
buffets. And the drinks ran the
! gamut up or down from cham
payne, according to how you look
at it.
Yesterday the same bank had
about 1000 guests for the cock
tails and buffet in the same
Evening star., 1953-09-23

avoid impairing the dynamic
growth of the economy.
If the Treasury has to bor-
row money too often in the
course OF a year, it has no elbow
room to turn around; it is
constantly off balance and keeps
the market off balance" he
declared.
Borrowing Cramps Operations.
Even worse, continuous
stream of Treasury borrowing
leaves no space in the market
for the Federal Reserve System
to operate, when it needs to
make a policy move to resist
imitation. The Reserve System
cannot serve two masters at the
same time: it can't lend neces-
sary aid to Treasury financing
and, at the same time, tighten
money to check imitation in the
broad public interest"
Turning to the second ppin-
cipal, Mr.. Burgess added that
the Treasury must not impede
the free flow of funds into
business enterprises.
Its policies should encourage
saving, for saving provides the
capital basic to economic
growth" he said.
"A substantial part of the in
f1ation, which doubled the price
level and cut the buying power
of the dollar in half in 13 years,
was due to financing too mucA
of the debt at short-term
through the banks and SO
creating bank credit in effect,
printing money.
THE total money supply
currency and bank deposits
swelled from less than sos bill
lion in 1899 to $195 million al
the end of 1852. This printing
press operation doubled the
price level-more than doubled
the price of a house. of a piece
of beef or a suit of clothes.
Every person in the country
was hurt in one way or another,
and eSDeciallV DeODle who saved
or who lived on fixed or slug
gish incomes. The only gamers
were the spectators or the
pressure groups, which kept
their own income a jump ahead
of the trend"
Definition of Imitation.
Applause interrupted Mr.. Bur-
CESS early in the address when he
said that imitation is a form OF
r1o ,,fio1 1.or1I1Iio ,.oI,JofiAr,
Evening star., 1953-09-23

Applause interrupted Mr.. Bur-
CESS early in the address when he
said that imitation is a form OF
partial repudiation, a reduction
Evening star., 1953-09-23

room. An orchestra in Spanish
jackets played.
Seemingly there are music and
flowers everywhere. The bank
ers' ladies wear orchid corsages.
The second floor of the Hotel
Statler appears to have parties
in every meeting room. All the
luxurious suites in the big hotels
are occupied.
For the hotelkeepers Christi
mas is going to seem tame by
comparison.
Aaxi drivers said the conven-
ton had been a godsend to
them.
Evening star., 1953-09-23
Mrs. Eisenhower Didn't Plan
To Receive Bankers Wives

dents wife, did not state that
Mrs. Eisenhower would receive
the guests.
Harold Stonier, executive vice
president of the ABA, announced
at today's meeting that it had
not been expected that Mrs.
Eisenhower would receive the
visitors. It is impossible for her
to do that when great groups
visit the White House, he added.
He pointed out that 5000 had
visited the White House on the
regular tour yesterday morning
and that special tour was ar
ranged for the $500 women of
the convention in the afternoon.
He asked the members of the
association to give the explana-
ton to their wives.
Evening star., 1953-09-23

Wives of bankers attending
the American Bankers Associa-
ton convention today received
an explanation to ease their dis
appointment at not seeing Mrs.
Eisenhower at the White House
yesterday afternoon.
Some of the women COM
planned after the White House
visit that they had had to stand
in line for a considerable period.
were then ushered through the
White House without an oppor-
tunity to tarry but that Mrs.
Eisenhower was nowhere to be
seen.
The announcement of the
White House tour. however,
while saying it was by the per-
sonal invitation of the Presi-
Evening star., 1953-09-23
Scrup Metal for japan

Japan has received from New
Zealand its biggest postwar cargo
of scrap metal-1.500 tons-in-
cluding two old ships, the mine
sweeper Whakakura and the
steamer Claymore. Tokyo re-
ports.
Evening star., 1953-09-23
Bunche to Talk at Cornell

ITHACA, N. Y, Sept. % (P),
Cornell University yesterday
announced the appointment of
DR.. Ralph j. Bunche, 1850 re-
cipient of the Nobel Peace Prize.
as a visiting lecturer.
Evening star., 1953-10-09

newspaperman goes OF the
beaten path he is going to step
on toes. I think the Diamond
back did exactly right. It is
part of the function of a news
paper. It is the right Of free
dom of speech"
He reviewed three of the items
objected to, and said, "The Dia-
mondback was performing with
in the limits of its service. AS
a newspaperman, ] am delighted
and glad that the Diamondback
felt the responsibility for print
ing the articles, even if some
one wasn't going to like it."
Didn't Tell Full Story.
Mr.. Swanson said the cut
lines under the picture taken at
Anne Arundel Hall did not tell
the full story because the quar-
terS are only temporary and the
occupants are living there Of
their own volition. The picture
did depict an existing condition.
he said, and the full story should
have been in the cut lines.
The editor expressed the opin-
ion the attempts by faculty
Evening star., 1953-10-09
WE. Priest, ", Dies;
Taught History DC.
Schools for 43 Years

w. Edwin Priest, 90. who once
was the Mr.. Chips" of Western
High School. died yesterday in
Suburban Hospital. after an ILL.
ness of two weeks. He entered
with pneumonia and suffered a
heart attack yesterday.
Mr.. Priest lived at 102 West
Thornapple street, Chevy Chase,
with a sister, Miss Anna May
Priest. who retired from the
Library of Congress A years ago.
Mr.. Priest was born in Ches-
ter County, Pa. He was edu.
Gated at the State Teachers Col
lege in West Chester, Pa. He
taught seven years in Pennsyl-
vania.
He came to Washington in
1889 and taught ancient history
in District schools for 43 years.
He first started teaching at
the old Washington High School.
When Central High School was
built, he was assigned there. He
was transferred to Western High
School when it was completed.
During his career, Mr.. Priest
is said to have taught as many
as 1000 pupils.
His students included the late
Senator Robert LaFollette and
his brother Philip, former Wis
Evening star., 1953-10-09
Railroad Clerk, "a, Dies
In Exhausf-FiIIed Auto

A 24-year-old Pennsylvania
Railroad clerk, who had been
separated from his wife two
months, was found dead last
night in his car, parked in the
driveway of his home at 1851
North Cleveland street, Airing
ton.
Identified as John A. Waddell,
the dead man was found at 1880
pm. by his roommate Norman j.
Furber. The car motor was run
ming and a garden hose led from
the exhauSe pipe to a window
police said.
Arlington Detective Russell
Petite said the victim left note
for his wife, indicating he was
respondent over i'll health.
Mr.! Wadden, who was a clerk
in the railroads dining car serv-
ice at Washington terminal will
be buried in Arlington Cemetery
Monday. .
Evening star., 1953-10-09

| consin Governor, and Quentin
Roosevelt, son of President Theo-
dore Roosevelt. Most of the stu
dents knew him as Pop Priest"
because he was so fatherly, his
! family said.
Since his retirement in 1888.
he had been writing poetry and
living quietly.
Mr.. Priest was a deeply re-
ligious man and was long time
member of Green Tree Church
of the Brethren, at Oaks, Pa.
Mr.. Priest was a bachelor. In
addition to his sister, he is sur
vived by a niece, Mrs. Esther
Montague. of 4030 North Thirty
fifth street, Arlington, Va, and
a granddaughter, H. Cotton Mon
tague.
Funeral services will be held
here at 8 pm, Sunday, in the
Robert Humphrey Funeral Home,
1857 Wisconsin avenue, Bethesda.
Md. Another service will be held
in Oaks at pm. Monday. with
burial there.
Evening star., 1953-10-09
City Comes CIeon':
Didn't Know 1t
Bought a SteriIizer
BY the Associated Press

! VICTORIA. B. c., Oct. o. -
Anybody know what an autoclavs
is?
Don't be ashamed to say no.
Victoria'S City Council members
didn't know what it is, either.
and they bought one for $275.
In fact they bought a larger
autoclave than the one they
didn't know they had.
A recommendation from the
Union Board of Health at yes
terday'S meeting asked that "a
larger autoclave be authorised
purchased for the sum Of ap-
proximately $275." ,.
The committee resolution
passed without a word. Queried
later. each alderman admitted
he didn't know what 1t was and
thought maybe one Of the others
did.
An autoclave is a type Of ster.
ilizer.
Evening star., 1953-10-09

Ition gave an unfair portrayal Of
conditions and showed a warped
sense Of news judgment.
Five Items Mentioned.
Miss Lake said either faculty
officials or officers of the Student
Government Association had
tried to block publication of five
items in the September Is edi-
ton.
Dean Eppley objected to a
picture which showed crowded
conditions in temporary base
ment living quarters at Anne
Arundel Hall, a women's dormi-
tory. He also objected to a pic
ture of the first Student Govern
ment Association meeting of the
year, with an empty seat for the
student president because he
was late.
Another item objected to was
one about a traffic ticket being
given to DR.. Adele Stamp, dean
of women.
"Just remember this" Mr..
Swanson told the sophomore
journalism class. whenever a
Evening star., 1953-10-09
z Surviving QuodrupIets
Flown to Hospital
BY the Associated Press

! SYDNEY, Australia, Oct. g.
Mrs. Ethel Hudson's two sur
viving quadruplet babies were
brought here today by air from
Gilgandra. They were taken to
Crown Street Hospital where
they will be attended by special
lists in an effort to save their
! lives.
! Two Of the quads, born Tues
day at Gilgandra. 326 miles
northwest Of here, died Wednes-
day. Mrs. Hudson, a 38-year-old
grandmother, got her first look
at the survivors-Terry and Bet
ty-just before they left Gilgan-
dra today. Mrs. Hudson, wife Of
a fence-builder, has eight other
children.
Evening star., 1953-10-09

members to suppress the stories
only heightened the investiga-
ton that went into them and
resulted in a bigger story than
if there had been no interfer-
ence.
Any one who tries to inter-
fere with the freedom of the
press, he said, also feels justified
in interfering with the judgment
of the people.
Freedom of the press is the
peoples right to know" he said.
People have a right to know
anything that affects their lives. "
Evening star., 1953-10-09
Diamondback Fight
OnCensorship Hailed
By Baltimore Editor
By the Assosio.ed Press

Neil H. Swanson, executive edi-
tor of the Baltimore Sunpapers,
yesterday complimented Univer-
Sity of Maryland student editors
for resisting efforts to keep stories
out of the campus paper, the
Diamondback.
"I think the Diamondback did
exactly right" Mr.. Swanson said.
His reference to news suppress
sion tied in with a controversy
which developed on the campus
when Elm Lake, Diamondback
editor. disclosed university au-
thorities rounded up copies of
the September IS edition of the
Diamondback.
Dean Geary Eppley said he had
ordered the papers disposed of
because two pictures in the edi-