Evening star. [volume], March 16, 1934, Page A-11, Image 11

About Evening star. [volume] (Washington, D.C.) 1854-1972

Image provided by: Library of Congress, Washington, DC

                
Senator Asks Greater Cir
culation and Increase
of Credits.
By the Associated Press.
NEW YORK, March 16.—Senator
timer Thomas, Democrat, of Okla
homa. said last night the Nation’s
monetary problem would not be ad
justed until these two steps were
taken:
"1. More actual money must be
placed In circulation.
’’2. Credit or deposit money must
be expanded and made available for
the people and for industry.”
Addressing the Teachers’ College
Chapter of the Phi Delta Kappa,
honorary educational fraternity, at
the Men’s Faculty Club of Columbia
University, Thomas advocated also a
wider use of silver.
"The longer the adjustment of our
monetary system Is delayed the
cheaper the dollar must be made and
the greater the danger of real In
flation.
"If confidence Is to be restored. If
business Is to be revived and If taxes.
Interest and debts are to be paid,
the people must be able to secure
both money and credit; hence, to
dispel the money famine Is the para
mount Issue before Congress and the
country.”
Denies Re Is Inflationist.
Thomas reiterated his denial that
he was an Inflationist, adding that
neither Is he a repudiationlst.
‘‘The American economic system Is
the capitalistic system,” he said. "This
system grows, thrives and expands
upon profits and withers, dwarfs and
decays upon deficits; hence the life
and continued existence of the capi
talistic system Is now In the balance.
"Governments, great and small,
live oil the taxes paid by the masses
of th epeople; hence If the people ere
Impoverished and cannot get money
taxes default, government* fall and
the Inevitable results are revolution
and chaos.”
He said the Nation had had enough
of deflation and that the demand now
is for an expansion of currency.
“Who Is there among us who can
say that It Is not yet time to act?”
he asked.
Points to Two Course*.
"The record before us demonstrates
that we have but two roads open to
possible travel. One Is the continu
ation of deflation, leading to bank
ruptcy and repudiation of debts, pri
vate and public.
“The other road Is an expansion of
the currency, leading to more money,
hence, cheaper money, higher prices
for commodities, wages and salaries,
and thereby reinvesting the people
with added buying power."
Senator Thomas said that more
money means the payment of taxes,
Interests and debts; the saving of
homes, farms and factories; the res
toration of personal, corporate, city,
county, State and national solvency.
Re then asked what program the de- <
flationlsts have to offer.
“Without a plan they are In Wash
ington borrowing the people’s credit
and spending some of the money In
parading Russian and German In
flation ghosts before the public."
Kitten Stops Organ.
Me-e-e-ws Instead of bus notes
came from the organ of the Prince’s
Theater, In London, during a recent
matinee. A kitten had been brought
Into the place by the management to
bring good luck to “On With the
Show.” but It succeeded In stopping
the organ and nearly stopped the
show. The pet got Into the organ
chamber and climbed Into one of the
larger pipes.
Skates for Guests.
At a tea In London recently, Sir
Samuel Hoare. secretary for India,
gave an ice-skating exhibition to his
guests, he being silver medalist of
the International Skating Association
of Great Britain.
^y
Staunchley Suits
Fifty Dollars
Well named, for every man who has ever worn one
forms a preference for Staunchleys. They like the
casual, youthful style ... the richness of the fabrics
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but more than anything else, the service they give.
Make your Easter Suit a Staunchley and be con
vinced, yourself.
Other Society Brand Suits and Topcoats, $35 to $50
Society Brand Silk-Lined Landshire Suits, $75
(Uen’s Shoo. Second Floor)
) ' f \
THE HECHT CO.’S ALL STAR
SALE of GOLF QOIPMENT
Radical Reductions on Famous MacGregor, Wilson and
—q. Kroydon Clubs From Our Own Stock
dubs that have made history on the
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taken from our own stocks, where they
they have sold at much higher prices.
Take your choice • • . match up your
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ings. Men’s right and left hand models
• • • also ladies’ clubs.
Main Floor Sport Shop, The Hecht Co.
JOHNNY
FARRELL
the
Winner of
Ryder Cup
GENE
9ARAZEN
the
Winner of
Welker Cup
Kroydon, Wilson & MacGregor
WOODS and IRONS
I
3ii
Including Wilson Clubs |
Autographed by Johnny Farrell |
Fine persimmon wood heads,
with plain or fancy faces. Plain
or sheathed steel shafts with long
calfskin grips. Sets including
brassie, driver and spoon. Also
irons with chrome-plated heads
and chrome or sheathed steel
shafts. All have fine calfskin
grips. Match them up in sets of
from 5 to 9. Both men's and
ladies9 clubs included! j
(Sport Shop. Main Hoar. The Hecht Oo.)
Wilson & MacGregor
Matched Irons
$1 .99
~ea.
Men’s and women’s.
Chrome-plated heads
and chrome-plated steel
shafts, with long calf
skin grips. Both men’s
and ladies’ models, in
matched sets.
(Sport Shop. Main Floor.
The Heeht Co.)
Special Purchase!
Kroydon
Woods
Fine, perfectly balanced
woods. Driver and braa*
sie only. All have
chrome-plated a t e e 1
shafts and long calfskin
grips.
(Sport Shop. M»ln root.
Til* HBcht Ob.)
Kroydon and Wilson
Irons and Woods
M .99
"*■ u.
All-steel shafts. Plain
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and stainless steel,
chrome-plated irons. De
Luxe Johnny Farrell,
Ryder Cup, Gene Sara
aen and Walker Cup
models included.
Matched and registered
in sets.
(Sport Shop Main Floor.
Tha Hecht Oo.)
ALL-STAR VALUES IN MEN’S SPORTSWEAR!
Wool Pullover
Sweaters
96c
Crew or V necks and long
sleeves or sleeveless. Sises
36 to 46. in a wide assort
ment of smart new weaves.
(Sport Shop. Main Floor)
3-Stay] 5-Inch
Golf Bags
$J.99
Roomy 5-incll bags with
metal bottom and ripper
dosed ball pocket. 6-inch
golf bags (3 stays)....$2.99
(Sport Shop. Main Floor)
Well Known
Golf Balls
6 *» $1
Brand-new atoeka with tough
cover* . . . the real
longfiite type that alwayt
improve* your game. Stock
up while the aupply ia
plentiful.
(Sport Shop. Main Floor)
Brushed Wool
Sweaters
Brand-new Spring model*.
Half-aipper front with long
aleevea or aleevelee*. Siiea
36 to 46 in wanted coloring*.
(Sport Shoo. Uala Floor)
I
Zipper-Front
Suede Jackets
Of toft chromed, inede
finiihed leather, in the
popular blouie ityle. Brown,
grey or land.
(Snort Shop. Mata Floor)
Men's Fine
Wool Slacks
Full cut with deep poeketa
and reinforced aeama. All
wool, in neat patterni or
plain ahadea. Siaea 29 to 40.
(Sport Shop. Uatn Floor)
Leather
Golf Bags
$y.»5
Staylesa, 7-inch bag* with
aipper-doted ball and util
ity pocket* and aipper hood.
Plain or two-toned.
(Sport Shop. Main floor)
Zipper Suede
Cloth Jackets
Wind-proof, ahower • proof'
anede doth jaeketa with full
aipper front. Siaea 38 to 46
In tan, brown or gray.
(Sport Shoo. Main floor)
an*
Parking for Recta Co. Customers—E St. Between 6th anZ 7th—10c for first 2 Hours
; ** i '