davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-01-08

One az the few people id the
world to become an American
citizen BY act Of Congress was
the guest Of honor at q party
yesterday. Mile. Marcelle Lee
Comte, who for years has
snaoOthed the way for VIPs
attending conferences ii Paris.
helped them with travel ar
rangements. Paris purchases and
conference details, was feted at
the cocktail hour BY North Caro-
lima Representative and Mrs.
Thurrnond Chatham.
The petite, blond French-born
American leaves Washington to-
day after d visit Of several days
with MIR. and Mrs. Chatham.
She win return in February for
another brief stop-over before
going back to Paris where she
has been attached to the AIneri-
can Embassy for over 20 years.
Congress Acted
It took an act Of Congress TO
make her an American citizen
because her citizenship case was
denied through q foul-up. She
had filed her FIRST papers years
before and had been assured
that continuous employment at
the American Embassy in Paris
was tantamount to being on
American soil. When citizen
ship was unexpectedly denied.
Representative Harold Cooley
asked Congress for action and
got it.
Senators and Representatives
fiOcked to the Chatl1arns' charm
ing Georgetown home, Prospect
House, former residence Of the
late James v. Forrestal and the
State Departments official house
for visitors during the Trumans'
residence at Blair House.
Most Of the legislators were
old friends of Mile. LeComte.
Whether members OF the foreign
relations committees, DELEGATES
TO the Inter- Parliamentary con-
ferences in Europe or past
travellers for other official rea-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-01-08
Porty ot Club

A reception for Judge Joseph
G. McGarraghy. recently APP
pointed to the District Court
for the District Of Columbia BY
President Eisenhower, was given
yesterday BY the Capitol Hill
Club from 5 to 7 by members
OF Congress. Representative
Auchincloss. Republican OF New
Jersey. sponsored the party,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-01-08
Miss Moore Enqoued

MIR. and Mrs. w. Robert Moore
announce the engagement OF
their daughter jeanne Ruth to
Mr.. Fred Leonard Sept, son Of
Mr.. and Mrs. Wilbur Sept Of
Iansdale. Pa. Both Miss Moore
and Mr.. Sept are juniors at
Pennsylvania State University
and plan to be married upon
graduation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-01-08
Founders Duy Eete

Tau Beta Phi National So
rority viii hold its annual Foun-
der's Day dinner and dance at
the Washington National Air.
port tonight in celebration OF
the 31st anniversary of its
founding. Dinner will be served
at 8 o'clock and there viii be
dancing from 10 to /.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-01-08
Reviewer to Speok

Miss Barbara Nolen. reviewer
of chiIdrenss books for The
Evening Star. viii speak to-
day at ESQ O'Clock at the
meeting Of the Chevy Chase
Branch Cf the League of
American Pen Women.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-01-08
Don Juan Goes A-Huntinq

LISBON, Portugal, Jan. 8 lE3.
Don Juan. pretender to the
Spanish throne, left last night BY
plane for Kenya. East Africa.
where he win take part ii ! big
game hunt.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-01-08
Ia Place 3
To Pinee .
STAR CLASSIFIED AD
Coll
Sterling $4,000
Closing Hours:

Closing Hours:
SUNDAY EDITION, 10 PM. FRIDAY
MONDAY EDITION, SPIN. SUNDAY
TUES. TO Fri. . Pm DAY BEFORE
SATURDAY EDITION. 10 PM FRI.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-01-08
CLASSIFIED AID RATES:
Local Advertisers
9 linee fkA;n;rn,,,.i

> Lines lMInin1uiil
One time, ~ per line.
Three 70 six times eonsseUtivsly, 4le
per line.
Seven times eenssevsIysiy, 3se per line.
New suiomobilss. 66s per llns tl-ilns
Hninimsal.
Special Notices and personai, Sc Ger
line additional.
ovt-of-sewn rais. tbe per Hire each
insertion.
Claims for errors must be mode Ia time
for correction before second insertion.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-01-08
AUcTlok SALES
THos. ). OWEN 4 SON, Auctioneers,
aIt1 3 81 NV.

. r. = s 4 J.. 3 Il
IssTTsossssY n Ssai,esx pw Sil9hsls a ING
KNOWN AS PREMISES NuMBEH
433 FIFTH STREET, souTHEAsT,
BY virtue Of 4 certain. deed OF trust
Foiio sss & ss Il ts lana Y records Ss
Of the District IL Columbia. and at
the request Of the PARTY secured
thereby. the undersigned tfuetees viii
sch. ct public aus!ion u front q
N MI Gfamasssl e DAY Ml III JAANHuAR4
O'CLOCK PM. the foliowine-ds-
sscrtesd lang and prsn1ises situats
Edeer r. copeland's subdivision 81
oFlFin asd vi r sSu ~ AZ e Rsr
s RE e I.b for re p sa',S 81 coiu-
Terms: Sold subject to j prior tbuild-
ing asgoCiation) deed pf trust for
appEoxinlateiy So, s3s6A further
Ds5s,egalaT !. Fl r.. which I'm u an
chase price above said trust to 81
paid In cash. A deposit Of $500 90
REQUIRED. ConveyancinE, recording.
ETC., at purchasers cost. Adjustments
e. as csm 8 s aas s Fl M t Esg aay e
otherwise deposit forfeited and the
property. may be advertised and re-
sold at the discretiora Of TIE trustees.
JAMES j. CORMAN, Jr..
ias.11is.in s EneoE oArF FIa:.....
Sol southern BuiiidIne,
Attorney for Noteholdef.
THOs. ,. OWN . son, Aactienssrs,
r.u..... iii 81; nav. -.
sT9sossfsy s aalh B ryas!HnSls s TM
DWELLING BEING KNOWN Al
RREMIsE9 NUMBER a4I0 HEvKN-
TEENTH PLACE soUTHEAsT.
p girs Tsso e certain 1. Sss No q sEss
POLIO $40 Il sea. of the land fscSrd;
Of the District OF Columbia. and AZ
the -euuest Of the party secured
thereby. the undermined triiatees
gil IN ssl; ,. = ssblc . 4Y; e tant
ELEVENTH Day Or JAMuGRY,
o'cLocK PM, ths foiiosins-
described land and premises, situate
a II ne I - District q Columbia And
Jay Bee construction Corporaiion's
subdivision OF lots IN eauaie hGg3
as per plat recorded In the once
Of the surveyor for the District 81
seb1ses 3 y b h6sr iys q iolc so
As shown on said piaf and s iis.
shown on Platg ST..
Terms: Subject 10 o prior fbuild-
ing asspciation1 deed Of trust for
appropriately. N,lb3.ba further
particulars Of which VIII be an~
nounceG ~ time Of snies the ptsf.
chase price above said trust 10 b
paid IN cash. A deposit Of $500 90
required. Gonyeyancink. Fecefding.
etc.. 81 prrchassf's cost Adsuft-
msnfs maze as q aats q sale.
Thirty days ,etasfwiss dspcsit foT-
anveftIsed and feNOld 81 ttle distre-
ton Of the trustees.
w r. JH0AzAG. y
.. HUNT.
0ezA.la3.6.0.l0 Trustees,
TfS0s, j. OWEN a T6sSS. Ass~e1~-s@.-
I'LL EaT NV
Truxteeg SAFE III Vnii,akis TrwN1.
ATOHY Avn HxSrffrss,r D1ST
BRICK DWELLING EFfEu Kwt5SgM
AS FREMfSHa Wftk1rIsys afif T.xS
8TREET T1rTHWF9T.
nv VfFfi5N NJ a rertai,. ia.N - ss,,..
duly recorded, ID L VI IA ei Hwy
Folio 323 It sea.. 81 I'M IanS rerasd.
Of the District n Colufnhin, md ~
the request q &c party aeenrcd
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-01-08

experienced, woman. age az-4b, Tor
top-level interesting position with
local ONCE Of national ORGANIZATION.
st, sal, $500. No reg. fee, Person
mel Division. MANAGEMENT CON-
SULTANTS. INC. Suite 400. l406
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-01-08

VACANCY FOE ELDEkLY PATIENT.
list noor, best food, Kind care. home
like atmosphere. UU. S-7$09. 10
sPECIAI. SALE-On beautiful aaccYa-
tive fabrics Ct ezlazlngly low prices.
FRANCIS pHAPERx SHoP, S00e
Hamiiton St, West Hysttsviils. Nd.
CAPITOL .HILL-roseiy quarters, I
bath. 500 up. LI z-67i6. 10
SETTLED LADY Is cornpsnicn 10
sonvaleseent LADY; live n; for parti-
Arls Va.
FORMS 81. q. .. lob application.
prepared and typed. PERSONNEL eoIin-
St. NV. Room Is. 81 a-siiss. 81 :
NICE. PLEASANT HOME for e,derIy
folks. nne food, care, TV. fnanection
invited. NO. 7@3242s.
II YOu HAVE 2 or more trusts Cd
your home, write details tor possible
ssssqnessio1 monthly pAyments. Box
Atlantic and 9. capisol 20. a-s5ss.
AyERAGR ROW HOUSE roof PAINTED.
minor repairs. material includeds
can ST.. SEEDS anytims. : x -
VACANCY IN NURSING NOME 1of
elderly persons. 3A-k0nf nUrNtnR
care; licensed hy GtAte and c9un14.
MIMEOGRAPnIN0. 500 eopies q. N
incl. typ. Of stem. ExCH- SEAN. Coz.
lI40 = 81. NV, I'm. -. 81. Sc teo.
AnuLIs-PIAN0 CLA8sRa snn.
stimuls ting: ~. rs per lesson. an
piano wen loan you one. Cali any-
time w TO l1i30 pm. XXI. e-67az.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-03-04

hotel corridors, within little fric-
ton between the mattresses and
beds going one way into tenn
porary storage and the ampliflers
and loudspeakers moving the
other way into the rooms.
Miss Louise Ralph, named
Miss High Fidelity" for the
beauty of her ears, will open the
show with a very complicated
maneuver. She will sit down
with Alec Templeton and play a
piano duet. the sound of which
will somehow push an electronic
switch. which will set a hi-fi
tape machine in motion, thus re-
leasing the sound of a big re-
corded trumpet fanfare. which
finally-will set the whole show
going.
Then the noise will start.
However beautiful may be the
sounds produced by hi-fi equip
ment. when so exhibitors are all
producing different beautiful
sounds at once, the result is
noise.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-03-04
Star Staf Photo.

Nevertheless, promoters Of the
fair expect their dazzling display
of electronic gadgetry to draw
more than the 10000 Washing
tonians who attended last year.
The show, occupying the mez-
canine and first floors of the
Harrington, will be open from S
until II pm. today, from 10 am
to II pm. tomorrow and l to 10
pm. Sunday.
Among the fancier rigs will be
a $4,000 neutrality-suspicious. to
any one with that amount of
money. This overpowering ma
chine will be pitted every night
from 7 to 10 O'Clock against a
f1ve-piece jazz band to see which
sounds more lifelike.
Visitors. who will see the fair
without charge, will be eligible
for variety of door prizes.
They will find one of the
largest rooms occupied by GER
tainly the smallest gadgets on
display-tiny diamond stylus
points for record players.
The biggest items are loud
speaker systems, housed in huge
cabinets feet high and weighing
some 300 pounds. They are
priced at a little more than $70O.
Fair Manager Dan Cavalier
says this years show includes
many more national manufac-
turers than last years. The
reason they have come. he says,
lies in published statistics which
show that Washington is the
best hi-fl city-in capita ex-
penditures for equiqment-in the
Nation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-03-04
H-Fi Sets Vie for Attention
At Opening of Fair Tonight

The High Fidelity Fair" is
all set to chirp. tinkle and
thunder into it's second annual
three-day stand in Washington
in the Harrington Hotel tonight.
It's going on whether over
night guests check out of the
rooms on time or not.
Last year an Army lieutenant.
weary from a night on the town,
refused to break camp and let
the hi-fi exhibitors into his room
until 1870 pm.
This year. however, traffic has
moved pretty smoothly in the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-03-04
Humphrey Proposes End
OF Electoral College Vote
BY the Associated Press

Senator Humphrey. Democrat,
Of Minnesota today proposed
legislation to discard the present
electoral college system and pro-
vide for election of the President
and Vice President by popular
vote.
A constitutional amendment
would be required to do away
with the electoral college system.
Senator Humphrey said three
men have been elected to the
presidency despite the fact their
opponents received more popular
votes.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-03-04
Voice OF. America
To Let.Frenchmen
Hear Our 'Hi-Fi

Today's opening of the
High Fidelity Fair" is going
to be broadcast in Western
Europe.
The Voice of America is
picking up the ceremonies
as we'll as some of the noise
at the request of the
French Government.
The first French High
Fidelity Fair" is going to be
held in Paris in May and
the French would like to
hear in advance what one
sounds like.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-03-04
Pure wool spring
[COATS! Hand-detailed!

Soft-to-toueh wool fabrics including
suedes, fIeeees, checks. poodIes, eob-
ordines. FIored or boxy styles with
costly HAND DETAILING PosteIs,
navy, black, clear bright eolors. 10 to
8 and 1874 to 24h.
Basement-COATS AND SUITS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-03-04

Fitted effects, boxy types, long torsos and
cIosscs in the group. Creose -resistont
royon oobordines fIonneIs, crepes, spotters
Weoves and tweeds-ALL HAND-FIN-
lSHED. Even some pure woods! 9 to Is,
10 to Is, loh to 24h.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-03-04
Short to A-Iength
TOPPERS 1000 wool

FIeeces, tweeds, suedes and novelty
weoves in dramatic new styles with
fIored or straight backs. All fully
lined! Hand finished for tailored
beauty. PosteIs, vivid tones, dark
shades, 9 to IS. 8 to Is, loH to 24I2.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-03-04
SAAE. Big savings ON
Spring
Hats
So

Crocus-fresh Spring hats in crisp strows straw
cloths and wool fets in stunning pill boxes, soil
ors, cIoches, bonnets and many other styles.
Spring shades Of niooso, ice blue, IiIoc, avocado,
red dark tone, and plenty Of black and white.
SOME ONE-OF-A-KIND! Head sizes y and q
in the group.
LanSburehS BaSement-HATS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-03-04

A revolutionary new deo-now stropless
style! Three inches Of elastic trims and
slims-eives you firm upIift For added
comfort and luxury, the inside seam is
royon plush lined. Back hook style in
white only. A-cup, 81 to 38; B-eup. 81
70 AZ; Coup, ga to "a.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-05-01
Costs Cut Net
.0fPeop|esDrug

Net income of Peoples Drug
Stores, Inc, declined to $3.50, IT'S
or AZ cents a share in three
months ended March 81, after
provision for income taxes, COM
pared with $210.624 or 40 cents a
share in the same 1854 period,
President George B. Burrus an
nounced yesterday.
Net sales totaled $13,302, 284,
compared with $12.67O.7S7 a year
ago and other store income rose
to $212,S21 from $204,273.
Total store income Of $13,515,-
los was '$640, 045 ahead Of $12,-
875,060 in the 1854 period, but
this was Offset by a rise in ex-
penses to $13,123,906 from $12.-
437,086, an increase of 1885, $40.
AS a result operating profit de-
clined to 1891 1893 from $437 ,974.
The company's balance sheet
on March 81 listed $13,996, 787
of current assets VS.. $13,930,230
a year earlier, and $4,729, 469 of
current liabilities VS.. $4,696,773
on the same 1854 date. The
current asset ratio was 2.96 to
! VS.. 2.97 to /.
Merchandise inventories at the
lower of cost or market totaled
$9.803, 800 VS.. $9,367 1882. Invest
ments in land were listed at
$499,050 VS.. $372,819. The I'M
audited report is subject to year.
end adjustments,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-05-01
Bankers Name
Committee for
Convention

The general convention COM
mittee for the 37th annual con-
vention Of the District Bankers
Association at the Homestead,
Hot Springs. Va, June 8-12, was
announced last night by Presi-
dent Francis E. Robey, who is
vice president Of the Bank of
Commerce.
Frank A. Gunther, executive
vice president of the Security
Bank. will serve as chairman and
his vice chairman will be Ralph
Endicott, vice president of the
Riggs National Bank.
Most of the committee mem
bers are bank presidents. They
include:
Trust; A. Scott. onutt, Anacostia Ma
tional; Thomas J. Groom, Bank of Com
meree; Clarence Burton. City Bank:
T ESbs &c. EodleS Tolg VsnoS MelsnW
EiassS M MsEFs aini ne
F FoesssT smh anssy G9Tg g WaT1sn
Cotton, National Bank Of washington:
Seofge A. Didden, jr., National Capital
politan Bank
Also: Bruce Baird. National Savings
Trust; Robert ". Fleming. Riggs Ma
Francis g, Addison. -ir., Security Bank:
Linwood p. Harrell. Union Trust; Harry
z. Thomas. Arlington Trust; William H.
Casbarian, Bank OF Maryland; William
p Blair Bank OF Silver Spring; Alfred
II Smith. Citizens Bank OF Maryland;
Park: Edwin T. Holland. Old Dominion
Bank; Fred L. Lutes. Suburban Trust:
Walter J. oDonnell, First National
of Arlington
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-05-01

Declared or paid SO far this year. arrears.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-05-01
COMMODITY PRICES

NEW YORK, April 90 09.-The Assoc
ciated Press index, Of important com.
straieht week. The food component
dropped to a new 1855 low.
Non-ferrous metals and induSrrials
also were off while livestock textiles and
grains and cotton advanced
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-05-01
YOUR
MONEYS WORTH
Heat on Stockdteers

on the same side of o probe.
And this is a milestone for the
stock exchange, too. for this time
instead of being investigated, it
will be helping in the investigat-
ing.
Since mid-April, key staff
members Of the Foreign Rela-
tons Committee have been ex-
ploring the extent of Canadian
stock swindles.
Now Senator Wiley has learned
enough to tell me. THE Cana
dian stock racketeer represents
one of the most disgraceful
chapters in the history of con-
fldence game swindles-particu-
larly SO in an era when the idea
is that the public be protected
rather than the public be
damned"
So the decision has been made
to push the investigation.
An informal task force" of
Senators who are members of
both the Foreign Relations and
the Senate Banking Committees
Is being formed to decide the
direction, speed and management
OF the probe. In the force"
working with Senator Wiley, are
two Democrats, Senator Full
bright of Arkansas and Senator
Sparkman of Alabama, and one
Republican, Senator Capehart of
Indiana.
A most significant development
is the agreement between the
Senators and the New York
Stock Exchange to work to-
gether. The stock exchange has
been deeply concerned about the
Canadian frauds for a long time.
OF course there are many
worthwhile Canadian stocks and
most Canadian promoters and
brokers are honest. But the
crooks smear the regulations of
all.
And this is warning to you, too.
Be on guard against the penny
peddlers" from Canada, ignore
their get-rich-quick tips. And If
you already have been ap-
preached or victimized, speak up
now; help protect the suckers to
come!
tcopyrisht, 1885, Post-Hall Syndicate.
Incl
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-05-01
NEW YORK COTTON
rnlshed b. the Assoeiated Press

NEW YORK, April 80 R:-cotton
futures prices followed mixed trends
this week Distant deliveries tended to
lose ground. while the nearer months
were generally steady.
Active futures contracts traded on the
New York Cotton Exchange finished out
the week at prices ranging from So
bale higher TO- S1.75 bale lower than
at the close Of the previous week. The
only net gamers were nearby May and
July
The market was rirm at the start Of
the week but drifted lower on reports
from Washington which limited at the
possibility of export subsidies and higher
acreage allotments next season. Some
selling resulted from the recommends
ton Of Senate Agriculture Subeom-
mittee that the Commodity Credit Corp.
take immediate steps to sell 100000
bales of non set-aside cotton stock. and
that flexible" export subsidy program
be inaugurated.
Exports for the week ended Tuesday
were estimated by the exchange at $4,000
bales. This compares with $4,000 the
previous week and 10000 In the like
week last year. The total for the
season through April % was estimated
at 2.956,00 bales VS.. 2,712,000 at the
same time last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-05-01
BUSINESS
BRIEFS

A machine longer than a city
block and as intricate as a Rube
Goldberg invention was the CEN
ter of attraction this past week
at the $50 million newsprint mill
Of Bowaters Southern Paper
Corp. at Calhoun, Tenn.
The auto industry will set up
more new high production marks
this week. Wards automotive
reports said United States fac
tories will build 1877 ,060 cars and
32.152 trucks compared with last
weeks 180,647 cars and 1881
trucks. In the same week last
year United States factories
built 124,844 cars and 1884
trucks.
Thirty-three thousand MONTH
ly investment plans representing
an investment of $14 million
were reported in effect at the
end OF the first quarter of this
year.
Worlds biggest oil tanker, the
Onassis-owned Al-Malik ,Saud
Al-Awal. will leave Hamburg,
Germany, for Philadelphia on
her maiden voyage.
The Lebanese government has
accepted a bid by the American
company of Parsons and Harz for
a survey and experimentation of
the first phase of the Litani
River hydro-electric project.
South Africa's gold output last
year totaled 13,250,000 ounces
worth $46l million, Mines Min
lister DR.. YAM Rhijn reports.
interviewer stocking elected
Marshall G. Gregory, Rocky
Hill, N. j., as president of the
interviewer Stocking Co. at a
meeting of the Board of Direc-
tors in Martinsburg, w. Va. The
meeting was held in connection
with the firms 50th anniversary.
Steel Firms-Anticipating one
of the best business years in his
tory-got word this week that
workers in the humming mills
want a pay increase. What has
steelmen guessing, though. Is
how much the union will want
The Securities Exchange COM
mission has called for an ex-
panded, industry supervised pro-
gram of policing securities ad-
vertising. Transactions on the
New York Stock Exchange in
April amounted to 53.787, 684
shares compared with 43,867, 215
in the like-month last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-05-01
Kaiser Contracted
For MARYLAND Plant

The Kaiser aluminium and
chemical corporation has been
awarded a five-year contract for
a new Government-owned ex-
trusion plant at Helethorpe,
Md.
An extrusion plant operates
heavy presses which squeeze out
metal into aircraft parts such
as propellers.
The SIS million plant is
equipped with 28-000-ton presses.
1t is expected to be in operation
this fall.
Air Secretary Talbot said last
night the Kaiser contract was
on terms very substantially
more favorable" than originally
expected. Other bidders were
Reynolds Metals Co. and Harvey
Machines, Inc.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-05-01
By SYLVIA PORTER
BY SYLVIA PORTER

To the hundreds of thousands
Of Americans who have received
letters postmarked in Canada
and containing tips to buy
penny" Canadian oil or urani-
UNI or gold stocks for a quick,
certain profit:
Send whatever details you
have to Senator Wiley senior
Republican member of the Sen
ate Foreign Relations Commit
tee in Washington. The Wiscon-
sin Senator is preparing full
dress probe into the mounting
wave of stock frauds rolling
down from Canada today: as a
potential sucker or one who al
ready has been victimized by a
Canadian stockateer. you have
valuable information. In Sem
ator Wiley's words. 1.-THE most
serious limitation on the public's
protection is the unwillingness
of most victims to admit to
authorities that they have besn
swindled
To the Securities g. Exchange
Commission:
You, the Governments sole
financial policing agency, are
about to receive a "no-fooling"
demand from the committee TO
get into action. Your record
leaves much to be desired. Sen
ator Wiley is not just talking
when he says. Instead of max
ing reports to gather dust in the
files, the SEC should long since
have used to the fullest its
powers to protect the public"
To the Safe Department:
The Senators will urge you
to intensity your efforts to Sc
cure greater cooperation from
Canadian authorities for Joint
action to control fraud" Much
can be done-and you know It.
To the Post Office Depart
ment:
The committee also wants you
to apply your powers more eff
fectively. Although you have
intercepted some mail at the
border going to known swim
dlers. stamped the letters fraud
ulent" and returned them to the
senders, you could expand your
activities. Instruct Post Offices
through the Nation to refuse
money orders addressed to sus-
pect firms: advise all Post Offices
on the border to be more on
guard.
To the New York Stock Ex-
change:
Senator Wiley gratefully &C
eepts your pledge Of fullest CO.
operation" in this drive against
stock frauds. In O sense, this
investigation win be unique, for
Il win mark the first time WASH
ington and Wan Street have been