davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-21
BY A. C. SMITH

"A. K. Tigert, former president
of the old District Tennis ASSo-
citation. has presented the
Greater Washington T. A. with
two Revere bowls in memory of
his friends and fellow tennis
enthusiasts, the late Col. Carl
Rlstine. The cups will be placed
In competition in the District
doubles championship, to be
played at Hams Point, August
1929. The semifinals and finals
win be held on the courts Of
the Army Navy Club. The
trophies become the property
Of the teams winning them
three times. not necessarily in
succession. Smaller replicas
will be given to the winners
each year. The bowls are en-
graved with crossed tennis
rackets.
Col. Ristine was captain of
one of the University Of Mis-
souri's first championship foot
bail teams. He lived in Wash
i1gton for many years and was
one Of the organizers and first
residents of the District Ten
mis- Association. A much deco
rated Army Reserve colonel, he
was also a former United States
Assistant Attorney General. He
died in 1857.
Tigert, prior to making his
home in Washington, was
president of the Southern Ten
MS Association. He is a for
nter member of the National
Championship, Davis Cup and
Executive Committees Of the
United States Lawn Tennis
Association.
\
As evidenced in the Middle
Atlantic championships, some
of 5 Washintgon's best young
players have not yet learned
that arguing with umpires and
disputing line calls wastes
energy frequently and sorely
needed in extra set matches. AS
any experienced tournament
player knows, the chronic COM
plainer is not a good competitor
mot even a good fighter. He usu-
ally loses matches that go the
full limit of sets because he has
not learned that concentration
is the key to championship ten
mis-. Almost all young players
have to learn this the hard way
by losing a few matches that
they might have won If they
hadn't allowed themselves to be
upset. If they don't learn, they
never quite make the grade.
i i
Russ Cooley reports that
enrollments for the Washing
ton Area Tennis Patrons free
tennis clinics are slightly below
last year, but nearly 600 boys
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-21
HUNTING
and
FISHING

RurTraiE VIM GuInfn the Pa-
tuMRn mHrEfHH for Sura each
fall will tR allnwetf FEWER hirdA
IfllB EHKMIn. TlfR El1erlur DE-
pKI1mRrn ms GIIr t11e daily bag
limit niTm ID 1D Ii.
\ That + titH chief effeUt On this
RlBR nj INV regulations on
hurIInp diWeS. rails gaIlinIIles.
WDDTCDCk and hHnd-tailed
pwRnrB.
TlhEER nIfTREF dH1eS we're set
w1ttlln wttIKih S5a1e Game DE-
pRr1maIrE nHE FIX their sea-
RDlK:
MnIrrnlTR dtTeR SeptRmner l
Through JEnIHrY 1I- rails and
gRIiInifR. SErHn1er I through
.JEnIRIy MI wgGGEuCK., OCt1-
her I IN I8nIRv LIZ; hand
rRilHn uH@nrR. SepteInhEr I
Through lEr1IHrw 1G.
ON rKik 8Iru gaIlinIIles a sea-
Rnn NJ I'D E1,aiE.1t daES may be
#Ht 10y A'1HEr11T FlEway States
BRR 1lnu I'M rails Isl the same
Rs MIR.
BBuHI# GIIUe breeding is
RhnIIt uihR EFZue as last year,
THERE will tH Nh changes IN the
1BguHumlR. TlfH SAME appiies
I'd WDHtiuEEik-.
j. BIilnn EIihW Of Arlington.
n maximum HnpinYe of The
Star, III Justify ErUIIn Of a 7
limit. 1B-l1Hin SH111Hn be unHtad
IN a 1#rarh tIrp nI1 Of Stuart.
Fla. I'M CFgfl VGm < Jdurdan' S
Nnr'WHETHr.
Tine fin w4S hnEHHrf at L: 50
pm. I'm 16-GEunf nse ana
bDB1Rd III 4 pm. II only
JuIIpHt UITH
I Kili1y WRR IN a parity Of seven
IN TIM 1liID wffiEfn produced
1tIl%R UfK,1nn fish In adiinun
I'D TIM SRlil, tina G81Cif included
UnR GItInln DTH FIHcr8CuGa. one
WRfBn. HlR giUTpHr and L
HmnHIHufK.
GRIP MBTHla.T rHEurCS small
tunR, amman aGjE and duipfIin
being GKIEt,IS GESldre while
hluHfRflIrR GuIflullEF around
TIM InlH1 along with fair
Clutches I'm ttfF 8Irf Spanish
mREfRl@l 8re ERiGB GD be running
wtf1iR EunR 8ITglHrS ara taking
uDhR.
A NnrdIk pH-rT of three
GhummHt FRnIiUD SfnInG near
RRTtHlBB InEf1 and hH8bEd
EFnRn UEinB weigiting from
#Rn ttD R2 lnInGS. They used
IfRF a UiHFlfFr as hHit.
-CuVELL.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-21
LEISURE
.OPORTSMAN
SLOW 50 FAR
Trolling for Rockfish
To Be Tops This Fall
By CHARLES COVEIL
OIrnnnnr Hnfrnr

Where are all the rockfsh TINS year, THAT'S a
question friends have been asking ami s0r Oncs,
we haven't satisfactory eKplRnR1Ium-
Chesapeake Bay fishing rs q whole startled S1Eiy
this spring perked up for awhile sn6 then went hack
into the dnldrumS It been slow ever SInrs-
The in-and-out hardhead fshlng we cam usn5sr-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-21

The t1ldEr" !IrIuS CR1nIreG
al rt1e places lHRdng I'D 1itH
USGA Jurlnr CitRuElIrEitIu u
yesterdays EHCTIurRl gtIHIEEEIng
ROUNDS III Chevy CHASE Chin
and They VIII have ItF DEiuiEr
Junlur Championship AL ID
themselves in mB1Eih 4ilET 1GrsaE
and uurnurUU AT WGEftuGnE..
In this EurnFWihB1 CUInriE-
GATED 2-1n-1-. TIM UESGA IInInr
Championship Qualifying WIS
combined with TIM mEtr,Er
JunIU Championship QUALIFY
ing. EUEEE@r, FpTytErttE VIM
played IN TIM lR1lHr EH=rd WIS
moi IN 1tR TSGA.
Dan BaunR M Cn1unnH ard
Bobby UndHISlHm Gf Indian
Spring with TAR, ,JItn ElGHr.
unB1tBchH6 Ens lRrrR ESHtnH
OF KEuW11d with T5lR. Errt BIn-
me RlEh1Er Uf Pr,EHR Ganrgas
with q rs Wun mtIR five EiHrHs
To the TISGA JurIiIr AIEIE1 sd
at Stamford urINgrEuT. 5Inre
is is ami 1tR u1hHrY IL
BUunR, VIM works ID aitH g1iE
shop nj Burning TnaH., GruEEHG
ON ID tine DRmTt JurInr HIW-
ever, me plRrE I'D MAXI Una ulr
TO CRI1muiR.
In 1hR DSmK1 ,gurI1r cham
pInnsh1p several g1 aitR Ia and
Is VERT Dla hEEE SIM Eurss
low enough I'D qualify fur a1H
ChEmpiuuBtg ttHtr1. uI1 they
al plEfETsn I'D remain III utFlr
OWN are hrBCkFsL
The tHI6 VIZ ItH HrTaEr n
ID. c. gurIu hEWrv-
4 Rs1ruIR ESsEtTHR-- WIN HGir;S
al OF TIM R1HB guun u1iHs.
VRE uUt N al ant VIZ II
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-21
Tut Barfzen,
Sally Moore
Win Net Titles

CHIEAGO, July Fl APP
Calm settled over the River
Forest Tennis Club today after
a week. IN which rain and Alex
Olnedo played hon with the
National Clay Court tourna-
msnr.
The meet ended under the
RIn yesterday with Bernard
CTUrJ Bartzen Of Dallas re-
pea1ng for the mems title and
Sally Moore Of Bakersfield,
Calf. Ig-year-0ld Occidental
CGiIsge sophomore. winning the
Wumsn's crown.
Fam washed out a portion of
clay Saturday and all Of Sun
days activities. cutting into
what attendance was left after
1tR exit Of OImedo. the Davis
Cup star
Ousted Frum Tourney
Olrnedu. accused of throwing
rms qIaruer-tnaI match with
Abe SegaI Of South Africa last
week, was kicked out of the
tournament.
Despite bis absence and the
IAN. Tournament Chairman
Pa Eennessey said the club
Hruka even financially.
Because Of the pre-tourney
nIiif W Of OImedo. we had in
creased the seating capacity by
40 per cent" he explained.
7 figure we took in Sc. 800
less az the gate than expected
because Of the Olmedo action
and rain-Gur Sunday"
Reed Is Beaten
Ba-tzen. 31-year-Old south
EHH VINO won the National Clay
Court CROWN in 1854 as well as
last year. retained it by defeat
M uite NCAA champion from
san Jose State. Whitney Reed,
I'd H6. IS.
Mss Moore took her title
Win a g.. "a. 6-3 decision
over Ig-Fear-Old Sandra Rey-
rniGs Of South Africa.
Mss Rsynolds teamed with
hFr South African chum. Rene
SCnuUrman. 20 defeat Janet
E1ppE. Seattle. and Jeanne
4-rt. St. Paul. "a, 60. 6-3
fur r1e wumens doubIes
rurnrS
Ii a mans double marathon
1ita7 IaSted I hour and As min
UraS. Ba-rZeu and Grant Gold
sII., Evanston. IL. won the title
win a Ed. "a Ga victory
GUer California teen-agers r.
Dennis EaIston of Bakersfield
AMI william Bond Of La JoIIa.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-21
WINS MARYLAND STATE OPEN
Romans 139 in Rain
Is of Record CoIiber
BY MERRELL WHITTLESEY
star stan Writer

There are some proud rec
ord holders in Maryland Open
golf championship competition.
including Charley Bassler with
his six titles, Al Houghton, only
player to win three in a row,
and Bobby Brownell, who holds
the tournament record of 1856.
Add Walter Romans name
TO the list, even though his rec
ord may lack official status.
Romans claim is that he
played absolutely superb golf in
the most miserable weather.
Nobody could remember a finer
score in any tournament in this
section made under comparable
conditions.
The 4l-year-old Baltimore
Country Club pro won his sec
ond State Open at Woodholme
in Baltimore yesterday with
68-71-l39. five under par.
and I'm sure you'll find
that's the lowest score ever
made in this tournament when
1t was played over a 36-hole
course, Romans said. 1t prob
ably is.
Five Brides in Morning
1t seems that it rains, thun-
ders. lightning strikes and
rivers form at Woodholme
when it isn't raining any place
else. The Maryland Open was
postponed last week by rain.
And some threesomes stopped
as many as four times yester-
day. But the Maryland State
officials didn't panic, and
rather patiently cultivated the
elements. 1t was soggy under
foot when play was concluded
Just before dark, but there we're
few complaints.
Romans. who won the title
at Woodmont in 1856. had five
brides in a morning So that led
by two strokes. His only DOGGY
was his only three-putt green
OF the day, on the 18th.
Romans, long one of the
smoothest swingers in the area,
went out in "a in the after
noon, birdied the 18th hole
with a beautiful spproach shot,
and was six under par for the
day at that point. He played
carefully from there in and
went one over par.
Greiner Falls Short
Romans. who two weeks ago
was medalist in sectional quail
flying rounds for the PGA, no
longer is a putting pessimist.
He claims he has new conf
dence with his stiff-wrist mo-
ton he returned to in Rich
mond. But he's lost many tour
naments by having the attitude
he was going to three-putt
every green.
Otto Greiner, who used to
caddy at Woodholme, and later
won the Maryland Amateur,
played in the tournament as a
favor TO Carroll Manchester, the
host pro. Greiner now is a sue
ceSsful pro at Tenafly, N. j.,
and a good tournament player.
Greiner had a run at Ro-
mans in the afternoon and at
one point was within two
strokes. But his best was a
73-68-l4l for second place.
Bassler played some of his
best golf when the rain was at
its hardest, but his 1910 fell
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-21
ADVERTISEMENT

0SThe greatest guy
- in the world takes
w. his family to dine
~ in the OLD CLUB
RESTAuRANT in hiSto-
re Alexandra. Finest
sood anywhere. Fine
wines, cocktails, beer.
Lunch s5e, dinners from
SIS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-21

We wish We knew. Last yeRl
and the year before nj TIL
time you could anchor n ths
St. Mary's River. drift on
chunks Of peeler crab On spin
ming tackle and catch MAYBE
Is good-sized rock.
on Cedar Point at SOlOmuns
on Holland Point BRr Rt DeRle
on Bloody Point and NJ seNerR.
other taVorT1e spots one cUulr
troll nucktRils or spoons Enc
sometimes get two CT mure IRlrc
Gals full
Eel drifting this sur1nI
produced a fair quantity q.
gOOd-slzed FISH. many over thi
15-pound limit. Trolling Va.
hit and miss and continues
that way.
DR.. Romeo MansuFti. chie1
salt wsuer Ssh binIng1rt N
Nfa--vIanoi,s faE,r,,n+,,,-,, ~ S,l1-
mons Island Savs
.,-,..
the bay but tHey are dIhused
that Is, not scnOnled I'D. June
.,.Is.,-,-- - -
- :; - -. 81 ~ - - =
go -. = ~ "-
small Rock GrgwinK Fast
/
LlAS nc SAYS AoouL Gnt
du1orum monIns Is Grue. nu
.le NAcb IelnaIN IlaI 1or lllt
tA0" No1'lE "a SoAsOIls cAICIe
" stoAS -1Htl111llrA "ole WAY
e-Dn~ VI '---s F0aI eNT1 "
There one ray OF hone
+,..,-,.,,,,,---,- ,-,lI---7- =
,,,ct49v1, ..-r7,~- IN -. - -.
r7,-j,,cI, ,,,j-,5,--I,-1 I.-+L
Se,tun1hzr an 0rt,.-r ~
NFa-,e,,p+j .a4v .aTT. - !,
+,,a.,,ay,T4n,,r r.1,,.,, +5,-i- Fsm -
wir,+ar
T1,a niolr,o,u+ a., -,i-,,+ ,-,,-,
ar, sxnIanatio,, ~. 80 +p-i-lT,,,.
of the St Mary IN r,,,,lrly,p 4,,-
usual catches .szrtb NFu,-vl,,-
and Virginia binInpi<+r uprr..s >
he exr,lains that +9,iv zsUs1r,'.
crou Of Grains win he = non-
one"
Thus the SOFT crshs nm
which the rockish fend Hrp
not in the rrnSE heas IN M
tract them
Net HaHls huge
Naa,.r1.n,+ .--,.,,-;.1 sr,,
s,-,,,,a,,;, 80 - s.r9 mr. -
cf ~+,-i,u,l - - ~. o.
Eivs,. :, raEa -. - -
vi,.ri,,j, av1,-,---~-s, -, -
5g7 aoo -o1--,4- - -
44v5,,.,---,o. - - - -. :
fri. .e.c+,-, -, -
Nj -
Tl,a C.s.,,..I-a pi-l-, - :
T.J,,,.,+,,,.-- -:
,-,,,,,,, -, -. -. -
80 - = -. ~ n
go yE7;I-s1iF- =. = -,
ggno p-+--.. = -, -, - =. =
49,. - -; ~ - =.
- - -. - - -
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-21
SCOW MADE INTO SPEEDY OUTBOARD

1foo cupboard a 8ng BETTER
than 20 miles hour take that might conventional
pywood hull entirely of
Greek Marina, Cape Charles-Star Staff Photn
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-21
BOAT SUPPLIES

Rope. lie It; anti-foullnE paint,
So so gallon; life Jackets, 50: an
chorS oars, chains, ERE extinguishers,
50 50: canvas taFpaullns; pumps.
nylon rope. 4iae It.. rubber hose
J H cfcHNER. 25I3 N st nv.
p. 3-634k.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-21
MSl4IL IZEE1l 6 5IIEl -
2AI 50 gTAGsSw

w vi INV
CABIN CRUISER. Gift, sleeps fam
Of 4 bottom. fiber glass. Call IA. =
THISTLE SALBOAT, excellent racing
cond.; > sets sails, al equipment,
complete with trailer. $1,000. DA.
RADIO TELEPHONES, RCA. latest
models. FEC type accepted, "0os dis
count. SHADY OAK MARINA, West
River, Nd, UN. 7-60Ol
FIBERGLAS REINFORCED PROD. INC,
repair on fiberglas boats; f1berElas
work on wood boats EN- 3-03l3
CABIN RUNABOUT SO Bay-built COX
-. , hunks, head. new WHY'S
tightening s. inboard motor. Ready
to &C at any time 81 500. At ALI
SON DOCK. Deale. Nd. EV. 4-9179
It'll. FEATHERCRAFT, controls,
tanks. foam-rubber cushions and
trailer. Best offer. OIL. 4-3l44, after ;.
ei-FT., bVilt 1857; SIT. beam, Uni
versal motor, 20 hp; controls for
ward. sleeps . compl. equip; white
cedar bottom: excel cond. UN 7-23S2
1877. WHIRLWIND DAY CRUISER,
S5-h.o cleo. motor, trailer, lots of
accessories. $1,000. Call so. 5-7700,
EAL. --V-si O.
lift. RUNABOUT, 35-h D. elee. John
son. l " old fully equipped: top
cond. Party wishes 10 sell his share
boat, $500, TE. 6-940O, 4-lO, Mon
Gay throE-., Friday.
32-FT., Bay built head, sleeping quar-
tiers: fully euutp. Forced to sell,
Sl.525. 10. 5-O337
SHEPHERD RUNABOUT, % It., SIS,
l50 horsepower. gray engine, double
plank mRhog Call Elk 3-05S2 till 6
pm. At AID 2-52I0 ewes
CHRIS-CRAFT COMMANDER, 35-ft
late 1853; sleep 4. two 1855 &C en-
zine, red gear, hydra. controls. 20
watt shIp-to-shore radio, mile Raw
spotlight. 6-man life raft, loads Of
ether equipment; used very little, like
new condition: $4,000 hrm. For
apt call LA. 6-22O2, weekdays.
Winner Fiberglas Runabouts
l5-ft-. custom upholstery; windshield,
steering wheel, bow light. Clearance
special. $50
THE BOAT CENTER
af.fk rranrura III
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-07-21

stand. Both Virginia and
Maryland biologists predicted
that this would be a Door sea
son. Not enough Young 11sh last
year. Blueftsh always are un-
predictahle. They're here todRy
and gone tomorrow.
But rocknsh9 That's some
thing else again. The fishing
for the last couple OF years has
been excellent. There have
been good crops Of yoUngsterK.
This season the Bay. the Pp-
tomac. the Pa1uxent and Rl
other tributary streams TEEN
with understood striped hKsk.
The commercial catch for 1853
promises to top al prior yea
s0ns. But where are the keep
ers?
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-08-28

346 white children and Is Negroes had
enrolled. The privately operated white
high school has $50 enrollments, a figure
which may include some Implications,
and also has $77,300 pledged toward tut
ton. There were about 800 students In
the private school last year, and the
operating group had hoped for $50 to
700 enrollmentS this year. 1t Is also
estimated that $4,000 will be needed to
operate the private institution, assuming
the availability Of classroom space and
teachers.
In this situation, the operating
board has voted to against commit
ting itself at this time to reopen the
private school. 1t will wait until Sep
TENDER 3 before making final decision.
This delay is understandable. For
the private school alternative to integra-
ton is facing a severe test in Front
Royal The case would be different If
the money were coming in and II the
public schools were shut down. But with
money in short supply and a substantial
white enrolment in the integrated pub
lie high school, it is doubtful that pri-
vate school for whites can survive. Front
Royal, in this respect, promises to be
another critical testing ground in the
indignation struggle.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-08-28
Fair Way to Decide

In choosing site for the proposed
1864 Worlds Fair in this country, the
paramount consideration should be the
national interest-not the interest of
particular city or region 1t is for that
reason that we support the Fulbright
resolution to create an impartial citizens
committee empowered to weigh all fac
tors and recommend the most appropri-
ate location for the big exposition.
Senator Fulbright's proposal, which
needs only Senate approval to become
effective, would authorize the President
to appoint such a committee and, equally
important, to decide promptly the ques-
ton of seeking sanction of the Bureau
of International Expositions in Paris for
an American fair in 1864. Without the
bureaus cooperation the success of such
a show would be virtually impossible.
Once the bureaus approval for an
American fair has been obtained-and
there have been indications that the
bureau is receptive to the idea-the
citizens commission could hear all the
arguments of city boosters in behalf of
New York City, Los Angeles, our own
city and any other contenders for the
fair and could consider the local factors
in relation to the overall interests of
the Nation. For there is no denying the
fact that the holding of a worlds fair
In this country offers our Government
an exceptional opportunity to display to
visitors from all nations the material
and spiritual advantages of living and
working in free society.
That Washington, as the Nations
Capital and the center of the free world S
interest and hopes, can present strong
case for holding this showcase of free
dom" in or near the District is certain.
We are willing, however, to let the final
decision rest with a representative COM
rnittee of distinguished citizens, as pro-
vided for in the Fulbright resolution.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-08-28
Defying Its Own Laws

The absurdity of Congress- action
threatening the palatability and the
safety of WaShington'S water supply was
made Enthusiastically evident yesterday at
the emergency meeting of District,
Maryland and Virginia governmental =
authorities. AS the officials, composing
the Metropolitan Washington Regional
Water Supply and Pollution Abatement
Committee, stressed, Congress has put
the Federal Government in the unten-
able position of preparing to defy its
own mandate against further contain
nation of the Potomac River.
The committee, mindful of recent
warnings by Secretary Flemming of the
Welfare against local moves that
might add pollution to the river, de-
manded that Secretary Flemming use
his Federal water-control powers to
stop the Federal Government from vio-
lating the departments edictS Under
the law he could cite the Federal Avia-
ton Agency for such violation-but,
ironically, the FAA is as strongly OPP
posed as Secretary Flemming and the
regional group to the congressional
plan for dumping treated sewage from
the new airport at Chantilly into the
river above the Districts water intake.
However, Secretary Flemming as
administrator of Federal laws protecting
rivers from just the sort of pollution
threat posed at Chantilly, could and
should use his influence Immediately
with Congress to reverse its action on
airport sewage disposal. An appeal for
such move by the HEW head was made
by the regional conference. And, mean
while, DR.. Flemming ought to request
the FAA to suspend any plans for
treatment plant above the water intake,
pending congressional reconsideration
of the damaging and indefenSible re-
fusal to grant funds for the proper safe
guarding of the regions drinking water.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-08-28
Congress Shirks Its Duty

The Congress will be guilty of dan
gerouS imprudence and responsibility
If it fails to take action on President
Eisenhowers recommendation, repeated
in a special message this week, that
authority be given for removing the stat
utory ceiling on Treasury bond interest
rates and for raising the rate payable
on savings bonds. The House Ways and
Means Committee, after an earlier de-
ciSion to approve the necessary legisla-
ton, reversed itself last week and voted
to table it for this year.
Although United States Government
securities generally are considered the
safest in the world, the current situation
is this: The Treasury Department is I'M
able to sell its bondS-obligation matur-
ing in more than five yearS-at the max
imum 4.25 per cent rate of return which
was fixed by law many years ago. AS a
consequence, it has been forced to meet
its tremendous financing needs through
the marketing of short-term securities
bills and certificateS-on which there is
no interest ceiling Only recently one
year issue of bills was marketed at a
near-record rate of 4.728 per cent-the
lowest the Government could find by
competitive bidding in a free market.
Short-term securities are held mostly by
commercial banks and are employed in
the banking system for an expansion Of
credit which, in effect, increases the
supply of money and is directly infla-
tionary as a result.
AS both the President and Secretary
of Treasury Anderson have emphasized,
the picture of this seemingly deliberate
policy of contributing to in1ationary
preSSureS raises grave questions both at
home and abroad about "our sense of
responsibility in our fiscal management"
1t is quite possible, from that point, to
question whether our money-the United
States dollar-Should continue to be
practically the standard for the whole
world" as it has been for so long. If
and when it ceases to be, our entire
economy is in jeopardy.
AS for the savings bonds, even the
most politically motivated individual
should be responsive to the implications
of the present. problem. approximately
40 million persons hold these small
denomination securities to total value
of $42 billion. They have been urged by
their Government to buy them, but the
current maximum rate of interest of
1926 per cent neither gives fair return
on today'S savings nor offers a caSh-in
value that is commensurate in purchaS-
ing power with their original price. For
this reason, caSh-ins have exceeded new
purchases for months past.
This issue of interest rates has been
made political football on Capitol Hill.
1t is time for the responsible leadership
of Congress to demonstrate it's under
standing and its interest in matter
of major Importance to the national
welfare.