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Balancing of Budget and
Return to Gold Urged in Town Hall. Balancing of the budget and re turn to a "statutory" gold standard to relieve the depression were advised by Dr. Edwin P. Kemmerer, Prince ton professor of International finance, •peaking at the Town Hall of Wash ington at the Shoreham Hotel last night before approximately 1,000 \Vashingtonians. Dr. Kemmerer warned his audience that "we are drifting in an ever-in creasing inflation current and there •re rapids below." He said the United Btates would have been further ad vanced out of the financial and eco nomic depression if the Government had held on to the gold standard. Inflationary spending was roundly scored by the speaker. On almost every point where he touched on criticism of administration monetary policies he was questioned at length by the panel, made up of Senator Tom Connally, Democrat, of Texas; Earl Bryan Schwulst, director of the Commodity Credit Corp.; John Dick inson, Assistant Secretary of Com merce; Representative John B. Hol lister, Republican, Ohio, and Repre •entative Robert Ewing Thomason. Democrat, of Texas. Slow Turnover Blamed. Depressions are not caused by lack ©f money, but by the slow turnover of currency, Dr. Kemmerer said. He demonstrated this with charts of fig ures collected since 1919 of the aver age velocity of money turnover in banks throughout the country. These charts showed the turnover for 1929 was 42 times a year, 34 in 1926 and 23 in 1934-5. The speaker's advice to monetary chiefs was to slash Government ex penditures, balance the budget, finance spending out of taxation and the creation of a taxing system that will make every citizen feel the weight of the governmental spending. He advocated an income tax similar to Creat Britain's, reaching down to in comes of $550, and an excise tax of selective nature, rather than a general sales tax. He also asks for the stabilization of the dollar, con vertible into gold bars at the present rate of 15.5 grains of gold to the dol lar, instead of what he termed the "de facto gold standard dollar," which has no gold-buying power. Confidence Prime Necessity. "The prime necessity for recovery Is confidence," Dr. Kemmerer as serted. "So long as the people lack confidence in the financial policies of the country, just so long will they hold currency out of circulation. People get the idea that if there were more money in circulation all their ills would heal themselves. This is a false idea, there is a superabun dance of money in this country now. All that is needed is confidence to start money to moving out of our banks and from the pockets of hoarders. "Inflationists have sought to raise e prices, with results disappointing to them, despite their open-market pur chase of Government securities, their spending for public works, reduction of the dollar's gold content, repudia tion of gold contracts, purchases of gold and silver and lending of Gov ernment money." Dr. Kemmerer said there is 21 per cent more gold in the United States than there was in 1929, based on the old dollar. Based on the new dollar, there is 105 per cent more, he said. He said that in order to whip the de pression confidence must be restored and that this can come only with a converitble gold dollar and a bal anced budget. ' Only One Agrees. Representative Hollister was the only member of the panel to appear . to evince any agreement with the ■peaker. He observed, during ques tioning, that Inflationary measures had hurt wage-earners and the mid dle classes most. Senator Connally flred several questions, demanding yes or no answers, at the speaker before Dr. Kemmerer called a halt with the observation that such brief handling of the question "might cause me to mislead the audience." Connally argued that we were on the gold standard when the depression came and that this fact had not prevented the catastrophe. DIONNES GOING HOME Will Push Bequest for Share in Trust Fund. INDIANAPOLIS, February 25 (#).— Mr. and Mrs. Olivia Dlonne are going back to Canada after their appear ance in e theater here today to push their request for a share in the *100,000 trust fund established by the Canadian government for their quintuplet daughters. Leon Kervin, personal represent ative of the Dioimes. explained their plans, emphasizing, "They don't want the money for themselves. They cimply want actually to be parents to all of their children, and to have enough money to bring them up." NATURE STOPS COLDS when you lend a helping hand Plenty of fresh air is nature's way of curbing a cold. But it is certainly reasonable that you cannot breathe in fresh air when your nostrils are clogged. The way to help nature rid you of that cold is to open up wide the air passages. Ephedrinated Vapex Nose Drops will do it—instantly. You can feel them penetrate to the inner most passages and clear them so that fresh, cooling, healing air can soothe the cold-inflamed mem branes. j But be sure you use Ephedrinated Vapex Nose Drops. They are differ ent from any other cold remedy ever made. They contain Vapex, that fa mous war time discovery for colds, and ephedrlne, which is prescribed by doctors in the treatment of colds. Get a bottle of Ephedrinated Vapex Nose Drops now from your drucclst or department store—ana keep that cold from (ettlnt a real start.—Advertise ment. k (Heads Association DR. FRANK T. SHYNE. 1 DR. FRANK T. SHYNE ; HEADS PHYSICIANS ] Tri-State Drugless Doctors Hold | Convention Here—Security President's Topic. Dr. Prank T. Shyne of this city , was elected president of the newly formed Tri-State Drugless Physicians' Association at the closing session yes- . terday of their convention here held at the New Colonial Hotel. Dr. Shyne's inaugural address was devoted to "Social and Economic Se- [ curity." 1 Dr. Shyne pointed out that drugless therapy has achieved legal recognition in 42 States and in the District of Co lumbia and is recognized as a sepa rate and distinct science. Other officers elected were Dr. Justin C. Wood, Salisbury, Md.: Dr. John Shaw, Richmond, Va., and Dr. Eliza beth N. Smith of Washington, as vice presidents. Dr. J. K. Kennedy of Baltimore, Md., was named secretary treasurer, and Dr. C. R. Smith of Washington, Dr. J. T. Blanck, Balti more, and Dr. Harry R. Bybee, Nor folk. as members of the board of directors. Dr. H. N. Roberts was elected legislative chairman to head a permanent committee in this regard. The next annual convention will be held in Baltimore, Md. OLD SKELETON VIEWED BY SOVIET SCIENTISTS By the Associated Press. LENINGRAD, U. S. S. R. Febru ary 24.—The richly ornamented skeleton of a small child, found near Irkutsk in an archeological field thought to date back 30,000 years, was studied today by the Soviet Academy of Science. Around the neck of the skeleton was a necklace of carved bone heads from which was suspended a plate, made from what was believed to be a mammoth bone bearing a design of three snakes. At the feet of the skeleton, found under a tombstone, wtre large pointed weapons made of similar bone, as well as the image of a small bird. Nearby were 20 bone images of women, thought to be figures of god desses. A plate believed to be made from a mammoth tusk, on which was cut a picture, was among other articles unearthed. A farmer digging in his cellar stumbled upon the find. FEWER FUNIS OPERATING HERE Commerce Department Fig ures Also Reveal Decrease in Wage Earnings. Industrial estaolishments operating n the District of Columbia dropped rom 485 in 1931 to 386 in 1933, It vu revealed by the Department of Commerce today in & tabulation of esults of a manufacturing census for 933. The average number of wage earn rs employed throughout these years ias 7.969 in 1933, as compared to 1,612 in 1931. Wages showed a drop if more than $2,000,000, the 1933 total leing $11,185,041 and that of 1931 >eing $13,988,042. The value of prod icts showed a much greater decrease luring the two-year period, that of 933 being estimated at $61,284,125, vhile that of 1931 was $76,928,513. 'art of this drop was shown in com jarative cost of materials, fuel, pur :hased electric energy and similar «6ts, these totaling $20,859,804 in i933, as compared to $27,621,279 in 1931. The printing and publishing indus ,ry for newspapers and periodicals lumbered the most establishments ir. he District in 1933 with 67 listed. Vage earners, this classification not ncludlng salaried officers and em jloyes in any of the compilations, otaled 1,256 in the printing and pub ishing industry. Their wages totaled S2.176.344, while the value of their jroducts was estimated at $17,329,274. Bakeries numbered 63 and employed he largest number of wage earners, 1,547. The value of their products A'as only $7,695,188, however. Wages imounted to $2,205,421. All the industries were grouped in !6 classifications. Ex-Mrs. Astor Sees Enzo's First Wife To Talk Finances Mother of Fighter Says He and Second Bride Are Happy. By the Associated Press. ROME, February 25.—One by one the peasant-stock family of Erno Fler monte Is making the acquaintance of his wealthy and socially prominent American wife, the former Madeline Force Astor Dick. The handsome ex-pugilist's first wife, Tosca, and his white-haired mother were presented yesterday to the second Mrs. Enzo Fiermonte In her luxurious hotel suite. Enzo's mother was still excitedly talking about her visit today. She described her new daughter-in law in glowing terms and insisted the couple, despite the disparity in their ages, seemed like young newlyweds. "I am so happy that my boy Is married to such a charming person who loves him so much," was the elder Mrs. Fiermonte's enthusiastic com ment. One of the subjects of conversation at the meeting, Enzo's mother said, was the financial settlement to be made in behalf of the former boxer's first wife and his infant son, Olovannl. GANG HOLDS UP 200 COSHOCTON, Ohio, February 25 (A').—Patrons of a cock fight in a dance hall near here reported to police today they had been held up by a gang which took from $6,000 to $10,000 in cash and valuables. Conflicting reports Indicated the gang numbered from four to six men. all masked. The victims told police about 200 persons were forced to go to one end of the structure, where their belongings were taken. The men were armed with pistols and sawed-off shotguns. Cock fight ing Is Illegal In Ohio. WALKED "BROKE," HE SAM COURT Former Mayor Answers Summons From New York Creditors. Br the Associated Press. LONDON, February 25.—Jimmy Walker, dapper as ever, but, ac cording to his own testimony, empty of pocketbook, appeared in Chancery Court today on two summonses from American companies seeking to col lect bills owed by the former New York mayor. "I can make no offer at this time," Walker said, replying to questioning by counsel for Sommers, toe., who with the 60 East Sixty-fifth »treet corporation brought the action. "I have no means," he added. Walker said that during his recent tour of the continent with his wife, the former Betty Compton, stage actress, Miss Compton paid the bills. "During the time you were mayor of New York," the Sommers' attor ney asked, "you were possessed of con siderable wealth?" "No," Walker replied, "I had a salary of $25,000 a year, over >15,000 of which was given to my then wife, who caused these debts." HAVANA NASSAU MIAMI 11-Day Sunshine Cruises World Cruising Liner S. S. Columbia Rale S12S.00 Up Saillnt March 2. 16 and 30 PANAMA PACIFIC LINE 743 14th St. N.W. NA. Hill. CITY NEWS IN BRIEF. TODAY. Card part, benefit Ladies' Aid Society of the Christian and Eleonora Ruppert Home, 1326 Massachusetts avenue, 8 p.m. Dinner, Haverford Alumni, Uni versity Club, 7 p.m. Banquet, Business and Professional Women, Lafayette Hotel, 6:30 p.m. Card party, benefit Samla Temple No. SI, Daughters of the Nile, 2809 Chesterfield place, 8 p.m. Celebration of Silver Anniversary Year, El Dorado Club, Hamilton Hotel, 8 pjn. Bingo party, benefit James S. Pettit Camp and Auxiliary, United Spanish War Veterans, Fourth street and Pennsylvania avenue southeast, 8:30 p.m. TOMORROW. Dinner, Delta Chi Fraternity, Ham ilton Hotel, 7:45 p.m. Address by Sigred Larson on "Pic r torlal Photography," before Washing ton Photographic Society, 911 Twenty third street, 8 p.m. Annual social and card party, \ under auspices of the League of the I Sacred Heart, benefit Church of the f Nativity, 6000 Georgia avenue, 8:30 | p.m. Address by Joseph Katz. before Advertising Club of Washington, Na tional Press Club, 12:30 p.m. Card party and dance, A. <fe P. Tea Co., Wardman Park Hotel, 9 p.m. Banquet, Southeastern Building and Loan League, Mayflower Hotel, 7 p.m. Dinner, South Atlantic Holy Cro6« Club, Mayflower Hotel, 7 p.m. Card party and dance. Italian World War Veterans, Mayflower Hotel, 9 p.m. Address by P. T. Staples, on "The Tennessee Valley," Industrial National Forum, 1418 Q street, 8 p.m. His Best Friend Told Him _ It was bis vrif# and the told him the truth. But she didn't My he had "bad breath." Instead, ahe said "My dear, you need E-Z Tablets." A hint to the wise was sufficient. Don't wait for some* one to tell you. If you feel slug gish, headachy, dizzy, or bilious, due to constipation, you may b« quite sure your breath is telling others. Get a package of E-Z Tablets today. At all good drug stores, only 254. —Advertisement. 1 Now They've Found A Way to Restore Natural Whiteness to Dull Teeth i A Discovery That's Bringing New Attractiveness to Millions There is now a way to restore the natural whiteness to your teeth. A way that makes or dinary uncleansed teeth look 5 shades lighter almost at once. Results are among the most noticeable known to modern dental science. People by the millions are quitting old-time toothpastes and adopting it. It is called KOLYNOS, and is the discovery of N. S. Jenkins, one of the most widely known dental scientists of this generation. Acts On New Principle It acts on an utterly different dental theory — instantly banishes that yellowish film-stain from teeth. And, at the same time, destroys bacteria that foster ugly teeth and decay. Results pre quick and immediate. And you notice them at once. A new lightness, clear* ness, and brightness to your teeth. Sparkling natural whiteness restored-a smile that charms and attracts. Get Tube at Druggist's Everywhere men and women say it literally transforms the appearance of one's teeth. Try it. Get a tube of Kolynos Dental Cream at your druggist's today. You will be delight ed and amazed at what it does. You will see the difference in your own mirror. Your friends will see it when you smile. KOLYNOS DENTAL CREAM Makes off-color teeth look shades lighter Off-color teeth ruin otherwise attractive women DOT: Oh no, she's younger than he is—I know that! ALICE: But her hands—they're so rough and coarse and old! DOT: That's because they're "dishpan"— I must tell her to change to Lux! ALICE: Yes—it keeps my hands simply lovely. And costs less than one cent a dayl Dishes—prevents old-looking hands OUR BOARDING HOUSE DISCOVERS THROAT-EASE.. by Gene Ahern Major Hoople has taken the words right out of his master's voice! "I, for one, am delighted at the Major's dis covery. For he is the chief bread-winner in the Ahern family—-so, I'm for anything that will keep him in good voice. 11 know Old Golds will, because I've been smoking them myself for six years or more, and my throat is as happy as the Major's smile when he hears the dinner gong." (Signed) GENB AHBRN Gene Ahern ta born in Chicago in W5. After leaving art school in Chicago he joined the N.E.A. syndicate service in 1914. His famous car toon serial, "Our Boarding House," was introduced in 1918 and today is followed daily by a delighted audience of 25,000,000 newspaper readers. EGAD LADS,-m.IVE SMOKED YOUR OLD SOLDS TOR A WEEK, AND I ANN "FORCED TOR ONCE TO ADMIRE YOUR JUDGEMENT / BY vSOVE,7HEY ARE SO EASY AND GENTLE ON MY THROAT, I SERIOUSLY THINK I'LL "RESUME MY CONCERT SINGING TOR THE WORLD TO THRILL AGA\N AT MY •RICH MELLOW BfcSS VOICE I merica's ^ryyuxrtAe^t' ci IMMMCklH. AM ERIC/IS ZnYOOCXlfl&Ms CIGARETTE No batter tobacco grows than is usod in OldQolds. A • And ifs purs. Easy on th* THROAT and NEKVES.