The Boston Globe from Boston, Massachusetts • 17

THE BOSTON GLOBE- WEDNESDAY. JULY 15, 1931 17 HR (MRJu iBb 9Ml) cm iMtsm REST OF EOROPE REFUSES MARKS Reich Vacationists Feel Pinch in Other Lands HENDERSON, IN PARIS, TO TRY CONCILIATION 4. Briton to Hear Demands of France Today Before Going On to Talk With Leaders in Germany Lf Stock purchased from well-known manufacturer (Nam withheld thru courtesy) The Biggest Purchase of the Year 12,000 Lbs. Pure White Lead 100 Lbs. $10.35 3000 Lbs.

Pure Linseed Oil Colors Yellow, Red lll t-I-l I Lb; .10 Lamp Clack, Umbers, Siennas. Lb. .10 150 Cals. Flat White Paint A Gal. 1.15 F.

O. Pierce Pure Linseed Oil Paint Gal. 1.05 250 Gals. 5-Lb. Cut SheMac Sub.i.

Gal. 1.00 Paint and Varnish Remover t.x. Gal. .07 40-40-20 Paste White. r.i.r.i.i.t.r.t.

Gal. 1.05 150 Gals. Floor and Trim Varnish Gal. 1.15 Ready Llixed Paint.r.r. .05 (Buff.

Cream, Brown, Grays, Green) Pure Orange or White Shellac Gal. Floor Paint (Mahogany. Buff 100 Gale.) V2 Gal. Valspar Varnish g.u. only) Gal.

20-Gal. Galv. Garbage Can Galv. Mop Wringers. t.n.t.i.t.i.i 1.05 .09 2.60 .90 1.49 British interpretation of the action of the Bank for International Settlements in extending for three months its $100,000,009 credit to Germany tended today to the belief that at best It was only a measure of temporary relief.

HOOVER PLAN LAUDED FOR AVERTING CRISIS Situation Without It Today Pictured at Washington WASHINGTON, July 14 (A. belief that President Hoovers moratorium plan had averted what would have been a serious International crisis tomorrow was expressed by American officials today as they continued to watch developments in th German economic situation. Acting Secretary Castle of the State Department said if the Hoover plan had not been adopted, Germany would have been called upon tomorrow to pay lbs, 703 000 reichmarks (about $20,000,000) into the Bank for International Settlements. This, he said, might have resulted In a serious default ou Germanys part and a breakdown of the Young plan with a consequent confused and dangerous- international situation. Other Nations would have expected to receive large payments tomorrow, he added, and it Germany had been unable to make them, nc one knows what attitude the creditor Nations would have taken.

He 'described the present situation os a serious banking problem as contrasted with the international crisis which would have developed tomorrow without the Hoover plan. Unofficially it was estimated that under the moratorium Germany will pay 41,000,000 reichmarks into the Bank for International Settlements tomorrow, of which approximately will be immediately reloaned to her. Meanwhile, State Department officials were encouraged by a telegram from American Ambassador Edge at Paris saying the French Government today considered the situation in Germany was easier. The French, Edge said, did not feel the closing of the German banks for two days or of the Bourse was a bad sign. The State Department was advised also that a bank moratorium of two days had been declared in Hungary.

Ambassador Stockton at Vienna reported that Austria did not expect to take such action. dalue. BOTH fbr 150 Gals. Roof Coaling. 59e Floor or Shingle Oil, gal.

29c Pure Linseed Oil. T. 81c 5-ft. Step Inside Lock Sets 37c Window Cord (100 6-ft. Rules 19c Slate Surface Roofing (red or green) $1.95 Roofing Paper (Birds) I -ply 98c, 2-ply $1.29, 3-ply $1.69 Mall and C.

O. D. Orders Promptly Filled. Avoid Being Tagged, Plenty of Parking Spac. Pure Turpentine 65c Denatured Alcohol, 40c Galvanized Barrels 93c 312x312 Brass-Plated Hinges pr.

15c Round Point Shovels. 10" Stiilson Wrench. PAPER LOSS ON GERMANYS BONDS IS $40,000,000 III AMERICA ALONE American investors who buy bonds in small amounts are taking in the aggregate stupendous losses in the German disaster. For instance, in June, 1930, bankers in the United States offered $98,250,000 in bonds representing the American participation in the Young Plan. The bonds were sold to the public at $90.

Yesterday the same bonds sold on the New York Stock Exchange at $59. A loss to investors is shown here of approximately $31,000,000. Similar issues of Young Plan bonds were made in all other countries, so that the loss to investors All Hungarian Banks Closed Latvian Firms Suspend Belgium Reports Influx of Germans With Cash LONDON, July 14 (A. effects of the German crisis were apparent today throughout Europe. In London British banks refused German currency.

The stock markets closed weak. In Stockholm Banks and hotels refused to accept German currency and it was feared thousands of tourists would be stranded without funds as the banks would not cash German checks. In Vienna The Mercur Bank, controlled by the suspended Darmstaedter und National Bank of Berlin, closed its doors. The Boerse suspended trading in Hungarian stocks for three days. In Budapest All Hungarian banks were closed suddenly, after a Ministerial conference, for three days.

In Riga The Riga International Bank and the Bank of Libau sus-perded in respect to current accounts and deposits. The Latvian Cabinet guaranteed deposits in Latvian currency, but declared it could not be responsible for deposits in foreign currency. In Brussels Reports from the borders of Belgium and Luxemnourg told of thousands of Germans who were crossing over with their cash. Luxembourg suspended its marks exchange, At Ostend many German holidaymakers were stranded. In Copenhagen Thousands of tourists tfere without money when hotels, chauffeurs and shopkeepers refused to accept reichsmarks.

In Bucharest Financial circles were distressed by the closing of the Dacia Bank at Jassy with a deficit. In Basel The mark dropped from 123.50 to 112 and railroad exchange offices closed their wickets. German travelers could not exchange their marks. In Warsaw There were no signs of panic and the stock- market showed only small decline. Silesia was Affected more than other sections of Poland, as several important business concerns there were financed by the Darmstaedter und National Bank.

WALL STREET IS COOL TO PRIVATE LOAN Continued From the First Page missloner of currency to take charge of the difficult German monetary situation, one of Wall Streets leading bankers made what was regarded as the significant statement that such a move would be regarded in high banking quarters here as decidedly in th right direction. Bankers particularly interested in Germany express considerable bitterness over the apparent inability of th French and German Governments to come to terms on a program under which aid can be extended. Comment-ting on reports that France has demanded abandonment of the proposed Austro-German credit union, one banker said such a stand might be compared to a demand by England in 1893, when the United States needed financial assistance, that we disavow the Monroe Doctrine. Gilbert Unlikely to Serve Persons close to S. Parker Gilbert, former Agent-General for Reparations, doubted he would accept if called upon to administer a credit to Germany.

Mr Gilbert is now1 a partner in J. P. Morgan Co. Wall st bankers said American banks were not particularly inconvenienced by the closing of all German banks, although, of course, some funds are tied up. Financial quarters here are anxiously awaiting the planned opening of the German banks on Thursday, in preparation for disbursement of payrolls and the unemployment dole.

The reaction of the Paris Bourse, which has had a four-day holiday a a result of the week-end and th Bastile Day celebration today, at the opening tomorrow, also is awaited expectantly. Young Plan Issue Off Further declines in the German Government issues had a depressing effect on the entire bond market, although the turnover was light outside of the foreign department. Th Young Plan, or 5 percent issue, offered about a year ago at 90, dropped i points to a new low at 59 in active trading. The Dawes plan, or 7 percent Issue, declined four points to a new minimum at 86, in less active selling. Other German issues wer WOMEN IN RUSSIA FREED OF DOMESTIC DRUDGERY Encouraged to Enter Industry State Takes Care Of Children; Cooks Food and Washes Clothes German Envoy Sees Henderson In view of the German crisis much interest was manifested in the departure today of Mr Henderson, who went to Paris to talk with French Government leaders before meeting Mr MacDonald in Berlin Friday.

The Foreign Secretary conferred at length with German Ambassador von Neurath on the station platform as he caught his boat train. Then, turning to newspapermen, he made this comment on the visit he and the Prime Minister will make in Berlin; "We are going under exceptional circumstances. We realize it. But the decision of the Bank for International Settlements yesterday must have eased the situation. At any rate I hope it eased the situation.

King Calls In MacDonald The Prime Minister was called to Buckingham Palace this evening for a conference with King George. Presumably he talked over developments In Germany with the King and told of his plans for the Berlin trip, on which he leaves by airplane Friday morning. The opinion was expressed in official circles today that Germany hardly would emerge from her present crisis without greater aid from the outside than she has yet received. This aid, it was said, might be withheld until even more drastic remedial measures hav been put in effect by the Reich, Montagu Norman, governor of the Bank of England, arrived at Folkstone today from Basle, where he attended the World Bank meeting. He was tired from his all-night trip and proceeded from his boat to his train almost unnoticed.

Mr Norman will be in London for Thursdays meeting of the directors the Bank of England, at which the discount rate will be considered. It was reported that the rate may be raised instead of lowered, as was first thought probable after President Hoovers war debt announcement. Bank Refuses Marks In addition to the suspension of several banks in various parts of Europe, a striking factor today was the unpopularity of the mark. On large London hank said it could not accept marks during the present situation, and that it would adhere to that policy until the German status bettered. It was understood that all the other British banks were adopting a similar policy.

One house with extensive dealings in German paper said it was not accepting marks, not so much because of the critical situation of Germany as because the German banks were not open and Exchange dealings were therefore impossible. London hotels were maintaining ut most caution in their necessary dealings in German marks and, while anxious to oblige the many Germans on vacation in London, they found it necessary to refuse all except the smallest commitments in marks. No News of British Plans There was as yet no answer to the questions about the steps Great Britain Is taking to help the Reich. In authoritative quarters it was be lieved the Government would adopt the attitude that it was the turn of America and France to come to Germanys assistance with credit. There was a strong disposition to blame the entire situation on the delay In accepting the Hoover proposal by other nations, and the hope was expressed that the four-day delay In starting the conference of Young Plan signatories would not have similar evil results.

This conference meets at the Treasury, Friday, with the problem before it of adapting the Hoover plan to the Young plan. The British invitation was for the meeting to start yesterday but it was postponed at Frances suggestion. Mean Trick! Now, you fellows, help yourselves to the cigars! cried Peters, with a genial smile, after dinner. "They are some my wife gave me for a birthday piesent. Politely, but firmly, man after man vowed that he had sworn off smoking, and the dinner-party ended in a ghastly fizzle.

"Whatever did you tell such a fib about those cigars for? asked Mrs Peters in surprise, when the guests had departed. "You know I gave you slippers for a birthday present! thats all right, Mary! replied her husband calmly. That box of cigars cost me $15, and I cant afford to give any of them away! Stray Stories. I Vv i. iu PARIS, July 14 (A.

Foreign Secretary Arthur arrived from London this evening for a two-day stay in Paris before going to Berlin to return the visit to London of Chancellor Bruening and Foreign Minister Curtius in June. Mr Henderson has made no effort to hide the fact that his visit to Paris before going to Berlin has the political purpose of reconciling the French and German views in regard to carrying out the Hoover War Debt Plan and to the extension of further financial aid to Germany, Luncheon Planned Today Tomorrow -he will be given a luncheon at the French Foreign Office by Aristide Brland, Foreign Minister. At that time he will have an opportunity to hear from Premier Laval, Finance Minister Flandin and M. Briand the exact position France has taken in regard to political guarantees from Ger-many in connection with financial aid for the Reich. Mr Henderson was met at the Northern Station by representatives of Minister of Colonies Reynaud and Marshal Lyautey, president of the Colonial Exposition.

The British Foreign Secretary arrived in Paris on Bastille Day, the celebration of which had a distinctly colonial and imperial tone. Frances position as the worlds second colonial empire as marked by a procession of troops, representing 300 years of history, and President Doumer followed tradition by sending a letter to Minister of Marine Dumont complimenting him on the appearance of th sailors, Naval cadets and marines. He Will Visit Exposition Mr Hendersons first official act In Paris will be to visit the Colonial Exposition tomorrow morning. Col Henry L. Stimson, American Secretary of State, will arrive in Paris on Wednesday, while Mr Henderson still is here and will be in position to learn the French point of view regarding the coming disarmament conference.

Frances attitude has been set forth in a memorandum which will be handed to Mr Henderson as president of the Disarmament Conference. It is taken for granted that France Is prepared to discuss world problems of every character with Mr Henderson and Mr Stimson from the point of view of one of tlie three great Powers, all of which have important Interests overseas. The relations betweenFrance and Germany, it was understood tonight, may be kept more or less in the background by the French, although the immediate problem was for Mr Henderson to act as conciliator between Paris and Berlin, specifically on the question of political guarantees demanded of Germany in return for French financial aid. Laval and Flandin Meet Premier Laval conferred at length again tonight with Minister of Finance Flandin relative to the situation in Germany resulting from the Reicjis most recent pleasures. The Premier told reporters there would be no news from France in the next 24 hours.

All the news, he said, would come from Berlin. It was possible a meeting of the Cabinet council a private gathering of the Ministers at the Premiers office without the participation of President Doumer would be called late tomorrow as a preliminery for the full-fledged Cabinet conference to be held Friday morning. London Looks to Leaders LONDON, July 14 (A. German financial crisis placed an entirely new significance today on the visit to Berlin that Prime Minister MacDonald and Foreign Secretary Henderson will make Friday. Great Britain hopes the two Cabinet members will be able to Jiring about a lessening of the tension in Germany, now looked on as becoming increasingly serious.

generally depressed, although the Berlin City Electric 8s which dropped 15 yesterday, recovered four points net today. The stock market experienced one of the dullest session of the year, with a turnover of approximately 1,100,000 shares. Net losses of about $1 were recorded by such Issues as United States Steel, American Telephone and American Can. General Electric closed unchanged, and General Motors lost only 25 cents. Among a few prominent issues closing higher was Atchison, Topeka and Santa Fe, up $2.75.

The commodity markets, generally heavy yesterday, developed a somewhat better tone. July wheat, however, closed a cent a bushel lower. i- 2000 MARCH AT LYNH 111 PROTEST OF liAMB English High Alumni Feels. Strongly on Subject LYNN, July 14 A street parade with 2000 in line and 100 automobiles headed by Post 6, American Legion Bugle and Drum Corps, was held to right by the Lynn English High School Alumni Association in protest against the naming of the nev $1,800,000 high school the Easternl Senior High School, because Lynn English High School, which has been iu existence for more than 35 years will lose its name. The present English High School is to be renamed the Cobbett Junioq High School and the students, enrolled there now, will next Fall enter the new Eastern Senior High School, which will mean that th Lynn Englisn High School will drog out of existence and tho alumni, 20,000 in number, lose their ideiw tity.

The parade was followed by a meeting with the School Committee at its headquarters, where protest were registered by Fred R. Haight, president of the English High School Alumni Association, and James McCarthy and Dr George McAlevey past presidents; John V. Fhelan. Early Jacobs, John Malone and Charles Leader of Waterbury, Conn. The association already had petla tloned the School Committee to reconsider its action, taken two week ago, by which the new school waa named the Eastern Senior High School and the present English High School was renamed the Cobbett High School.

The School Committee voted to postpone action on reconsideration until next Tuesday. The Alumni Association plans to stage another demonstration next Tuesday. They claim that the present scholastic authorities of the present English High School are to tak or the new Eastern Senior High School and that they are moving th records of the present English High School to the new Eastern Senior High School. They also claim that the authorities have already taken the library give to the school by the Alumni Associa--tioa and that they are taking several class gifts. They also put forward the sentiment attached to the name and pray in their petition that the new high school be named the Lynn English High School.

OIL BURNER ASSOCIATION TO MEET IN BOSTON IN APRIL: TORONTO, Ont, July 14 (A. Directors of the American OU Burner Association at their quarterly meeting, today voted to hold their ninth annual convention in Boston next April Approximately 3000 delegates will attend. OJnconges czzz HinlUVfl WKWWtf into acorn rine fottable cKa sutn. Tree Aaciian in for a bet becbons, nigHtofunb.n lts this aU'Steei tt sags studded Yu Uc 330P.ES 1, Tschcduleand Complete seb may be connections oftcC bad at a vrig ot fro TtakcUana' Station, boston. THt icoli a.

H-( 1 banks was to have the same legal status as other bank holidays and provided any period of grace ending during the holiday shall not be considered to have ended "till one week after the last bank holiday. In other words, a draft falling due while the German banks are closed and the Government has authority to extend the holiday Indefinitely cannot legally be collected until a week after the banks reopen. As a result of the sudden shortage of currency, due to the closing of the banks, the Relchsbank, which a few days ago was the scene of a phenomenal run on foreign currencies, became the urgent goal of persons in need of marks which many bought with the foreign currency they had accumulated during the run. It was learned that other banks including the Danat (Darmstaedter und National Bank) will be permitted to satisfy certain payroll demands today although officiallyremaining closed. But the problem of meeting the (about $150,000,000) payroll due July 17 cannot be solved so simply.

The tendency of some taxpayers to regard the closing of the banks as a tax moratorium called forth a warning from the Government to the effect that taxes must be paid just the same. Shortage of Cash Felt A shortage of cash was felt acutely by everybody, especially small business men, who were faced with th necessity of paying employes and meeting running expenses. There wa little buying in big Leip-ziger-st department stores, where clerks were sitting around waiting for customers. This subnormal buying, however, was regarded by department store officials as a sign that folks were keeping cool, and was taken to indicate that the panicky feeling ivhich led to bank runs yesterday had subsided. A usual accompaniment to bank runs is a run on department stores, especially food counters, to convert cash into commodities for a rainy day, merchants said.

Rumors that banks may stay closed all week were causing most people to spend little and those who happened to be unprepared were doing their shopping on credit or touching friends for a loan. Many who had planned Summer vacations this week had to stay at home because they could not make last minute withdrawals. Travel bureaus re ported dozens of cancellations. MILLS CALLS OFF TALK ON MORATORIUM ON AIR AS A WORN OUT TOPIC WASHINGTON, July 14 (A. Acting Secretary Mills of the Treasury today cancelled a radio discussion of steps leading to the debt moratorium, scheduled for delivery tonight.

He said the subject bad been thoroughly discussed and that it was useless to go over th same ground again. No manuscript was prepared. SENATOR CARAWAY TO BE OPERATED UPON WASHINGTON, July 14 (A. Caraway of Arkansas is in the Naval Hospital her suffering from a kidney complaint. Physicians were not alarmed over the condition of the Arkansas Senator and said they expected to perform an operation to remove a kidney stone, probably Thursday.

The Senator likewise showed no concern over his condition and, while suffering some pain, was able to conduct some business from his hospital bed. STRAYED BULL THROWN IN REAL RODEO STYLE AT GREAT BARRINGTON Special Dlipatch to th Glob PITTSFIELD, July 14-A bull owned by Samuel Kalin strayed from pasture Just before midnight last night and came up the New York, New Haven Hartford Railroad tracks to the center of Great Barrington. It stalked down onto South Main st, walked past the Berkshire Inn and up to th Town Hall. There, two young men grabbed hold of the buUa tail and tried to hang on but couldn't. Another young man experienced in the ways of th west grabbed the animal about the neck and in tru rodeo style threw the bull and It was haltered and led back to pasture.

Residents of Great Barrington rubbed their eyee at thi unusual sight In the very heart of the com-, munity, FARMERS GRAIN CORP BUYS SPACE FOR GRAIN STORAGE ST PAUL, July 14 (A. of Twin Cities elevators with space for 5,000,000 bushels of grain and of interests in 350 Northwest country elevator was announced today by C. E. Huff, president of the Farmers National Grain Corporation. The corporation purchased the bushel plant of the Farm Union Terminal Association, its 1,600,000 bushel structure in Minneapolis and its 218,000 bushel elevator in Wllllston, D.

Huff said the transaction gave Farmers' National control of space for more than 50,000,000 feushela, BERLIN STILL DELAYS ON FINANCING PLANS Continued From the First Page sponsible quarters that a way would be found to open the banks for payroll withdrawals while at the same time erecting a temporary ban against withdrawals for other purposes. It was understood the Cabinet discussed a number of drastic plans for meeting the currency shortage, but that difficulties and objections developed quickly in the case of each of the suggestions. Several Plans Offered Among the measures discussed tonight by the Cabinet were the Issuance of rentenmarks based not upon gold but on mortgages against German agriculture and industry; restricted inflation of the reichsmark by lowering the present requirement of 40 percent gold coverage, but sharply restricting circulation to the Nation's actual needs; placing large quantities of silver currency in circulation to provide for some expansion without arousing fear of another flood of paper marks, and the declaration of a general moratorium for a period of several weeks. Public Worries Over Cash Germanys average citizen apparently was more concerned today with how to get enough ready cash to carry on until the banks reopen than about the ultimate fate of his bank account. A shortage of cash was felt acutely by Everybody, especially small business men, who were faced with the necessity of paying employes and meeting running expenses.

There was little buying-in big Leip-ziger-st department stores, where clerks were sitting arouhd waiting for customers. This subnormal buying, however, was regarded by department store officials as a sign that folks were keeping cool, and was taken to indicate that the panicky feeling which led to bank runs yesterday had subsided. A usual accompaniment to bank runs is a run on department stores, especially food counters, to convert cash into commodities for "a rainy day, merchants said. Rumors that banks may stay closed all week were causing most people to spend little end those who happened to be unprepared were doing their shopping on credit or touching friends Tor a loan. An official of one of Berlins largest stores said it still was too early to se the effects of yesterdays bank crises.

Many who tad planned Summer vacations this week had to stay at home because they could not make last minute withdrawals. Travel bureaus reported dozens of cancellations. Other Decrees Planned Dr Hans Luther, president of the Relchsbank, returned in the afternoon from his latest whirlwind credit-seeking trip to a Germany already acting on the now widespread slogan, Dont wait for outside help. Germany, save yourself. The plane that brought Dr Luther back from the Bank for International Settlements meeting in Basel made the trip in 3 hours.

Immediately after his arrival the Reiehsbank president hurried from Tempelhof Airdrome to the Chancellery, where the reparations committee of the Cabinet already was in session. Meanwhile the Government let It be known that the emergency decree closing all banks was only one of a series to be expected in the fight to halt panic, consolidate the Nations credit strength and preserve internal peace. It was considered likely a Federal commissioner with extraordinary powers to control foreign exchange would be resorted to. Just how vigorously the Bruening Government would have to act to preserve internal peace was a matter difficult to predict. The nationalist opposition, led by Alfred Hugenberg and Adolf Hitler, thus far has been talking only vaguely of taking over responsibility.

No indication has come as to whether the opposition will wait for the next election or say it with force. Report Funds Are Tied Up Despite reports that a large part of the Nationalist funds were tied up in the collapse of the Darmstaedter und National Bank, political police were keeping close watch on th Hitlerite and also on th Communists although th latter were reportedly hoping Hitler would first pave the way for them. Any attempt to upset the existing Government would have to reckon with President Paul Von Hindenburg who, regardless of the division of Germany into quarreling political camps, may safely be said to have the unswerving loyalty of the Relchswehr. Tense though the situation is here, Germans were watching with closest interest the reaction to the suspension of the Darmstaedter Bank in other countries, notably Austria, Hungary, Holland, Poland, Denmark and Latvia. No Drafts Collectable Last evening the Government issued a new deere supplementing the regulations of the bank holiday decree, It specified that the of German in other parts of the world has been Just as great.

In 1924 American investors were asked to buy $110,000,000 of 7 percent bonds issued under the Dawes plan.1 These bonds were sold to the public at 92. Yesterday they sold at 86, showing a loss to the public of about $7,000,000. These two issues form only a small part of the investment of American money in German bonds. In addition to the half-dozen issues listed on the New York Stock Exchange there is a Jong list of securities not listed on any of the exchanges. German municipal and industrial bonds on the New York Stock Exchange yesterday declined from $2 to $15 a bond.

(Copyright, 1C31. by N. A. N. Inc.) on street cars.

They consider us safer operators than men. My husband is at work all day. Why shouldnt I contribute also? "Our two children? They are being cared for by expert nurses, and are being educated in kindergartens under better advantages than we otherwise could provide for them. They are infinitely better off this way. My husband? He feels about it exactly as I do.

Before she started her car, the woman explained that her salary is about 80 rubles per month (approximately $40) and that this, combined with her husbands income, permits them to maintain a maid to keep their room in order and to prepare necessary meals. Government figures show that lu 1930, 2,975,283 women were engaged in productive work in the Soviet Union and that 107,000 took active part in political work. Th eaddition of 1,600,000 "women to this number is contemplated for 1931. Hundreds now act as judges and assistants in court proceedings and many occupy positions of importance in various Government departments. Women Do Police Work There are women militia, equivalent to municipal police, whose skirts alone distinguish them from their male companions.

Uniforms, helmets, side arms are the same. In Moscow, many women are operators and conductors on tramcars and auto buses. In the agricultural districts they are found not only in the fields, but as drivers and mechanics of tractors. In the factories and on large construction projects the picture is the same. Two tnousand women are engaged in manual labor at the great Dmeper-prostroi power project.

During concrete operations on the dam, women members of "shock brigades, the front-line troops of workers, outdid the male brigades in completing their work. The Soviets hold the theory that it is especially the duty of women to master technique, and they claim to have found this justified extensively by the example they set their men folk in their enthusiasm and will to work. (Copyright. 1931. br the Associated Press.) The next article will be on "Soviet Russias Ruble, Bad Boy of World Currency.

BODY OF UNKNOWN WOMAN RECOVERED OFF MAGNOLIA MAGNOLIA, July 14-Off the reef of Normans Woe, the body of a woman of about 60 years old was found floating on the lobster grounds late this afternoon, not far from shore. The face was scratched, but Medical Examiner Ira B. Howe declared that this probably was caused by contact with the Jagged rocks along the shore. There are no marks of violence on the body and the theory is that the woman fell from one of the cliffs, along the shore, while out for an evening walk. The body is now at a Magnolia undertaking parlor awaiting identification.

A black dress, with white collar fastened by a gold-plated bar pin, and black shoes and stockings, led the authorities to believe that she wa employed as a domestic at one of the Summer estates here. Dr Howe said that the body had not been long in the water. Hailed by two young men on the shore, Clarence Clifford and Lester Gray, lobster fishermen, towed the body to the beach. Women are playing an important role in the Russian five-year plan, Stanley P. Richardson, Associated Press Correspondent at Moscow, tells what the Soviet republic is doing to relieve women of domestic drudgery in the following story, one of a series on present-day conditions in the U.

S. S. R. By STANLEY P. RICHARDSON MOSCOW (A.

Womans role Is becoming increasingly important in Soviet Russias campaign for industrialism and agricultural development. Due to the shortage of labor, which grows more acute as each additional stride is made toward fulfillment of the five-year plan, their services are being required more and more extensively not only in various professions and clerical capacities, but as actual manual laborers. In factories, in fields, in all forms of Industrial and agricultural work, they labor side by side with the men, receiving the same pay and the same privileges for the same work. To encourage wider induction cf women into the ranks of workers, the Government is making special efforts to provide facilities for relieving them of all domestic drudgery. Extensive measures have been taken for the care of children in day nurseries and kindergartens.

Communal dining rooms are made available both to them and to husbands. Communal laundries also are provided. When approaching motherhood, factory and agricultural workers are allowed four months cessation from work with full pay; office workers are given three months. TVoman Operators Viewpoint A woman operator of a Moscow tramcar was asked how she liked the work in comparison to household duties. I wouldnt go back to domestic drudgery, she said.

"Why shouldnt I like this work? Here we are able to do things and see the achievement cf actual results. Besides they like us The Daily Globe The Sunday Globe Read the Globe while on vaoation. REMINISCENT OF HAVANA The Tempting Flavour of the Spanish Main Imported a. V. S.

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WHERE WORLD BANKERS DECIDED ON PROGRAM TO HELP GERMANY 1' i I IT Jjij V' I i ij I i a- COTEBEHCB ROOM CT. TUB WOULD BANK FOB XNXEBNAXI0ITAL BLTTLEMLNI3 AT BASEL, SWITZEBLAND.