The Houston Post. (Houston, Tex.), Vol. 37, No. 53, Ed. 1 Friday, May 27, 1921 Page: 3 of 18
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PL AllS DISCUS3ED
; BYll.t-BAffiffiS
N Presets of Vasl Scopere
. v Foriulatecr-at Dinner at
.i - f i- - . .
haijdiNgproposal
. ; fully approved
r foreign ioans (t Also Iji-
crease Banking BiisfiwisSri'
tiring Busjnes
' Say Rnanders t:j
By ARTHUR SEARS HENNINQ
vBy Leased -Vlre to The Houston Pott
WABHUlGjroS. May .Ze.-iprojecti
of International financing of. vast scope
t 1 I
and plana for the promotion of Ameri-
N can foreign trade are being formulated by
. the Harding administration in co-opera-.
turn with the big international Bankers
" of New. York - - .
At a dinner at the-White House on
Wednesday night the plana were discus-
- ed.by President. Harding Secretary of
the Treasury Mellon and Secretary of
Commerce Hoover with. J. P. Morgan
s James A. VUexanderof tte National Bank
" of Commerce; Charles A. Sabin of the
Guaranty Trust company: C. E. Mitchell
of the National City bank; William KeoH
.of the Bankers' Trust company; Benja-
min Strong governor" of the New York
Federal Besem bank and H. C. McEl-
downey of the Union Trust company
Pittsburg. -
To Establish Credit Herei
It was. atated at theWhite House
Wednesday that the president hurried the
bankers.-to Washington to discuss his
proposal that in "making future loans to
to
areian aovernmenrs and individuals the
oankera snould require tnst tne proceeds
be used to establish credits for the pur-
chase of American goods or discharge of
foreign obligations to this country.
The bankers are reported to hare ri-
' en unqualified assent to the president's
proposal wucn emanated originally trom
New York financiers. To require ioreign
bans to be sxDended in this country not
' only will promote foreign trade it was
pointed out but increase banking bust
ness as American sales incresse. '
At -the. same time the bankers con
tended that extensive American invest'
ments to Europe would not only foster
American foreign trade by promoting
European rehabilitation add the power
to pay the government aid of such financ-
' ing was urged- ' '
No Referssee to Liberty Bonds!
Th administration has no intention to
work out in the immediate future any
scheme by which allied securities would
be used to take up Liberty bonds. upon
their maturity.-'
Secretary of the Treasury Mellon
made this clr Thursday in commenting
on reports- that the administration al
I
ready has decided upon such a plan and
that this is what President Harding had
in mind in his reference to the allied
loans in Ms speech m New York Monday.
Secretary Mellon said the president
merely - has" a hope that some day a
scheme will be feasible under which the
. allied securities could be pieced in trie
"hands of American investors thus es-
tablishing a direct obligation between the
'foreign governments and the holders
- these securities instead of continuing
the present system by which the United
' Ststes government holds the obligations
of the foreign' governments and Ameri-
can investors in turn hold bonds based
on-these loans. '
No Traatter of Dbllgatlont.
So far as the negotiations which are
now going on between the treasury and
the British government ' relative to the
funding of the present demand obliea
tions are concerned Secretary Mellon
. ssid thst there is no intention to' work
out such a Dlan for the transfer of obli
- gations. Mr. Mellon ssid that while it is
Intended to place the foreign obligations
to marketable form there is no idea that
any plans can be made in the early fu-
ture for actually 'phtoing them on v the
market. x
The present negotiations he said
merely will work out "an arrangement for
denpite maturities of the allied oblige- U
lions ana so ijrermeni an 10 ' we pay-
Bent of interest. Mr. Mellon denied re-
ports that there is any intention of per-
mitting all interest to go unpaid over a
period of e5 years.
No General Refaadisg Plan.
The administration has no intention of
; presenting any general refunding nlans
involving Victory notes. Liberty bonds oi
" certificates of indebtedness to congress
during the present session. Any arrange
HUfc'V
ment relative to the transferVf allied ob-J
ligations from the united states govern-
ment to American investors would await
action b7 congress v on the refunding
"A
af tSI tS6 '
1 ;
o
V
V
"If-
(1
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7 -
7c )Voit Mcali- Net
ier Bannefs
v ;i-v- '-AA;
- 'Aiiodated'Prw.Heaort. . : :
'.CHICAGO; May 28. live hundred
"Ipttner members or. tbs American ex-
peditionary forces who served to
JTrance paraded osr Michigan- boule-
vard Thursday la aa effort to imprest
upon Chlcaro the battle they are wag;
toff Tot existence. ; -The parade wss
in nennectlon with the Buck. ptivster;
rasaation "Hire t hero" week .-
I" The former soldiers carried the-
flags nndet which they had fought in
the Argonne and at BelleaavVooda.(
They wore their -4Kve drab uniform
and hats. Many of them tarried ban
- .:
;
ners appealing for employment some rl
ot which read; j - j -
"We want mskv not medala" TVJ
swell memorial our names on the pay
roIlav "what ire" you going to do
about It?" vend "have you got a Job
for a douihboy. r;a gobF.. A v
Which wiH be necessary prior to May
fn93 ihn h Vtrtnrr iiAfu mihiM. '
Whn .the refunding operation Uses
place it is expected that the floating debt
remaining at that time will be; absorbed
In long term bonds. In connection with
the whole refunding operation it-would
l . i ! j I m J...
DV proper w couaiuer acueioes xornuia-
ferrinx the allied obligations to American
Investors thus reducing by that amount
the outstanding public debt ot tne United
states. - r - . -x .
'The $10000000000 of allied ebiiga-
loas. lf transferred (o American In
vestors wsuld absorb the present floating
debt of more than $2&(X)I000000 the
Victory notes and also the third Liberty
Insin -t fali nay nMiant maa whan
SUSSUs j tviuuua SIS utwvsis Mwav lSaMS
13600000000: which matures to 1028.
I .
Galveston French Colony
To Celebrate July I f
uouston rosi special
GALVESTON. Texas. May 20. The
French colony- of Galveston will stags a
celebration here on July 14 inobservance
of the anniversary of the ' fill of the
Bastucit was anu mnced Thursday by
K. P. Blron a member of the Sodete
Frsneaise de Bienfaissnce (I'Assistsnce
Mutuelle. The celebration will consist of
atanquet to bo held on the evening of
July 14 it waa stated. V
Recently a Joint meeting of commit
tees from the two French societies .of
Qalveston waa held and tentative plans
for the observance of the day were made.
These two organisations are the L'Union
Frahcaise and the Bociete Frsneaise de
Bienfaissnce d Assistsnce Mutueile.
A number of French residents on the
mainland have signified their indention of
attending the Banquet Mr. Biron said. A
complete program of . the -celebration is
new oeing arranged" and iurtner an
nouncements will be -made later it was
said. v .
The committee from the Societe Frsn
eaise de Bienfaissnce d Assistance Mu
tuelle is composed of V. J.' Biron Charles
Bales and E. P. Biroa.N The L'Union
Frsneaise committee consists of J
Almeras S. Dufau and H
JAudie.
Memorial Dav is Not
v Legal Holiday in Texas
N Houston' Post Special.
AUSTIN Texas May 26. The Attor-
ney general's department in an opinion
written by Assistant Attorney General
Keeling held that Memorial day is not a
legal holiday in Texas. Judge Keeling
stated 'that he had construed the rov-
eraors Memorial day proclamation and it
does not proclaim next Monday Memo-
rial day as a holiday to this State. He
added that thkTnJinf was given to the
heads of the various "State pepartments.
Several inquiries hsd alsd been re-
ceived from banks oyer the State desir
ing to know: if next Mondsy Memorial
da& was a holiday and if banks would be
refuirea to cioy on tnat day.
GOOD things
.from 9 sun-
shiny climes
poured into
stogie glass for
you. r
The Coos-Cols Co.
MB
ay
allfi.
LJ
you; l) P
thinlc bf
If .i Jl
-
J .
Cake Sila m
: Saturday"
Ftnt Floor - V.
North Side M. Er
n
Church V. '
fMtra OTecalsM ouav and' 1 Omori
.We have Utted tut. comparatively few of the hunclreds of special value$ for today ana Satur-
Bay. All over the store you
. vV can not rau toouease.. uo a8.xnuchor your snoppmg today and
::f will be close-aU''Memoriall SA !.
ton mil tou vv'vooci .wwm.umvutui yvwi uiupu uamjt ouu
LongclothK;
EilTa Specials -
S3.95
aook.
yard.
Ten-Yard Bolta 16-lBch Nalft-
SpoclaL a rt9 1ft
$4.98 tan-Yard-
.cloth. Special
yard...........
Bolta iMnci j-)nas
$3.48
$4.75 Ten-Yard
cloth. Special sa
Tsrd aa
Bolta 36-inoh Long-
.. $3.95 Ten-Yard Bolta
SS-incb Long-
cloth. Special a
- yard...................
$225
n SilkSpedali
18.00 SPORT SILK8 S2.9S 40-lnck
r
vDewktet. Sport Silk. In wnltei orcnia
nd pink. Special for to-
day aod Saturday a yard.
$295
fl.25 8ILK FAILLE 9o-3Mnclt Pilk
allle; colors reseda green wistaria
' lardlnal Pekln. tan' emerald bran
and Copenhagen. Special a Oft
yard. HOC
v '
SS5 SPORT 6ILK $4.48-r40-lnch
Sport Silk; white ground with gold
and begonia stripe' tor coats and
extra skirts. Special a
yard... v
$4.48
UJO0 CHIFFON TAFFETA I1.S8 36-
Inch high lustre Chiffon. Taffeta-In
silver gray sand cardinal navy bran
scarlet rose matte midnight trory
and black. Special a $lJ8
$1.76 CREPE DE CtTIN $1i40.
- inch Crepe de Cb4ne in navy gray
pink flesh brown tan orchid wis-
taria flamingo Pekin Ivory and
black. Special a 42
............v.
White Goods
$1J5 DOTTED SW48"$1i9 Si-Inch
White Swiss In small and medium
dots also' In stripes and & 1Q
small plaids. Special yard.. 7le?
$iJ5 FANCY ORGANDIE8 $U9 88-
inch White Organdies in shadow
plaids fancy stripes and i 4 A
checks. Special a yard .... $ 1 sO V
M WrflTE VOILE $90 40-inch
White VpUe sheer .and fine thread
just the? rolle for' a cool summer
dress or waist Special
a yard.....
69c
98o WHITE ORGANDIE 79c 46-inch
.White Organdie Swiss make and re-
tains Its crisppess after washing and
ironing. Special a
yard......... j.
79c
Colored Wash Goods
6So apAE8E CREPE 4So SS-tnch
japenese Crepe for underwear etc.
In ivory .light blue pink flesh and
marse.
Special a
yard .a
$1.95 FANCY ORGANDIES $MC-4t
and 88-lnch Fancy Organdies la
shadow checks fancy plaids and polka
dots in light and dark "t1 CQ
'colon. Special a yardj v level
69o VOILES 63c 38-inch Fancy
Voilea In tan navy Copenhagen and
bran grounds In polka dots and small
figures. Special a j
74 A
53c
75c CREPES 42c 86-lnch Silk aad
Cotton Crepe de Chin. In gray tan
navy re kin malse white light blue
Abellotrope and black. SpeclaX JO.
a yard........ V.
$14SFANCY VOILES 79o 44-lnch
' Fancy Voiles; navy ground with gold
emerald white and red; novelty de-
signs.' Special a - sa
lrd...x IpC-
Slapl
cs
32-1 NC VI ginghams ISeSMnch
Plaid Dress Olnghama fn-a large as-
ortment of novelty plaids; to clone
out today and Saturday ' a r. . '
'I yard;.:..........;...;... IDX
81-INCH 8HEETING 5o Brown
Sheeting standard ' make by South-
' ern mills. Special a ' "OC
yard .f....;.. J0C
SHIRTING MADRAS 49c 81-Inch
Inch Woten StHpe Madras Shirting
in plain ana rancy stripes.
Special a yard
A KIMONO CREPES 83-incb. Klmoao
ft Crepes; pink heliotrope light blue
v. -: and white grounds wiu small roeebu
assigns. special .: 9r I
36c
I .... . 5. ...... .. .j ...... .
SHIRTING- MADRAS Mo IC-tacb
i Shirting Madras in plain and fancy II f-lltW:
Itripea foremen's and "rVt--.0;M .'v V ZlXl
iBv.iU. 0C 7 C.
WANTEO-The loan ef eleUlme eong bo.oka "The Ssorsd Harp." Baoalpt
' A ! frwtjimwsl lil good order.
nr
II II
vriUfinde4onabIe; goodf desirable
L f
r esses
Voiles:Ginm
" . --AN w! i :y K-v!A
Women 's Blouses at $4tl 9
The real charm and the extreme values presented in this group 6f blouses will be a
source of pleasure to scores of women today And Saturday. Choice is offered in
voiles Georgette crepe wash satins and crepe 'de chines; white and flesh colors in
widely-diversified motifs in trimmings including tucks laces embroidery; etc
Many different styles. "Every Blouse a bargain at this price; $419
Men V Wide or Natjow Stripe Genuine
Lorraine
Seersucker Suits
A BIG SHIPMENT just received
Wide or narrow stripy genuine Seer;
sucker Suits in complete rapge of ses
from 32 to 46 inclusive. Suits' tp fit
every man and young man. Specially
tailored and very special 1 O CA
at ottr price ... . ... ... V 1 U
;Extra Trousers td
- Match $5.50
In either the narrow or wide stripe
seersuckers; all sizes splendidly tai-
lored; a pair today and dJC Cfi
Sat-rday tJKJsJU
Silk Shirtf
. EXTRA SPECIAL! S
Complete selection is offered. Hundred
of them in Pussywillow Shantung
Btoadcjoth Crepes Tub Silks etc.;
white solid colors or fancies. They are
all here. Look them over.
$6.00 Silk Shirts sell for. .'. . . .$4.85
$7.00 Silk Shirts sell for. .....$5.65 .
' $8.00 Silk Shirts sell for...;.. $6.95
$8.50 Silk Shirts sell for . . . . . .$7.35
Men's Sealpax Unions $10x
Three-quarter length short sleeves
renuine ; "Seahax" Union Suits for
men : perfectly made ; cool comfortable
. af ;. nri
fabric and very special at this price.
r
:3lil
Boys' snappy' modils in gen-
uine Palm Beach well tailor-
ed to stand hard wear; all
sizes from 8 to 16 years- inclu-
sive. Very .special at. . . .. . .
. $4.95 Boys' Wash Suits
Good washable fabrics in desir-
able fast colors broken line of
Suits in several styles'that solo
at $8.95 and MS.xM. QC
Priced special
They are te be usedlti tho6emniunlt)r Sift 1
' V.'
I..CS(.)
cm
:. A
mercHandse at prices that
tjayniiAaj- aa puooiujc
daturday as pos:
V t : "Z-L
tes
..A
mm
dmS and
Tdfl
etas
liA ; A.
$10 .$16;
50
$1950
.In styles that are in every way abreast of the modes
for immediate and summer wear. Tht novelty and
charm in trimmings and 'the combining of colors in
many of them can hot fau to prove unusually de-
sirable at these-special prices for--today and Sat
urday i j ' . s
All of' them are newly arrived and the choice hi
organdies voiles ginghams ancHaf fetas presents an
Jalmost limitless selection to please tne particular
fancy of every woman. f j
-
Men's Night Shirts
' $1.00 toJISO
Full cut perfect i fitting garments in
cambric muslin 'handkerchief cloth
etc ; plain or fancies. Specially priced
at $2.50 $1.75 $1.25 . jj QQ
Genuine B.V.D. Unions $1J9 .
Genuine B. V. Union Suits. Every
man knows these wonderfully satisfac-
tory garments perfect fitting roomy
cut; garments in the finest quality
nainsook ; athletic styles kuee lengths.
Extra special. -'J .
$1250 Genuine Patm'Beach Suits
$9
5
. Boys' Union Suits . .
Extra Specials j
All sizes .from 2 to 16 years;;
good grae nainsook elastic or
buttoh waists. ' "rs; -.-A'-V--
98c Unions at 85c
5 tl-25 Uniona at ' . 1 Oft
w - " ' w s ar we
will be given fo them In ewr muslo department.' irwafllne floor te be
the first Methodist Church Choir under direction Mrs John W. MP!); y
1
rnrv'7 :
; ; first Floor r
North 8ldN.E.
s . Church
Notice!--
HjKTTiU :StbVe Wi3 Be i
v ;Qose AD Day A ;
V Monday IX
;v--yv';;y A-A?A:
Jecbhitioh
So that erery employe of the Big
Store may spend this day as best
suita his or her wishes; this store
will remain closed all day Moiv
ar.May80Vr.;;:A-v
Finish as far as possible your '
hopping toaay aad Saturday .
$2.50 Silk Stcddngs at
$1.95
An excellent quality full fashioned
Ptfro Silk Hoae. .madeAwtta high. .' t
splloed heeL full double sola and fine
silk lisle garter top; offered la white
black grays suede and field moose'; a
pair today and Batur- r
$1.95
day ...C. ....i..1
11.50 SILK HOSB AT 9So Pure tuk. .
made with a seam aad high spliced j
heel; navy suede whits aad black; '
pair today aad Batur. ' aq
l(kPJiiiolrfeomp
'4
'iA:
18o Stork Castfle Soap- M' '
- 10c Cut CaatUe. Soap . . . . 4 . U 7a
25o Certified Witch Eaxel 8oap...14o A
26c Packer's Tar Soap .......MM19o.
80o Cuttcura 8oap .....Mm....1So - -
Mo Pebeod Paste .......... ....SBo
Mo Dr. Lyons Tooth Powder ..18o
40o Vlfadon1 Tooth Paste......r.29o
2Bo Maria Talcum.. 18o .
ISO Laaelle's Talcum .. 10o t
76o Fiancee Talcum ... .... ...48o ' :
tfio MaaatU race Powder M. 14o 1 v
60o Java! Rico Face Powder.. .....87e 'A
BOo Mavis Face Powder.. $
ILPO Maldor Face Powder MM.76o
I6o Melballae Face Powder .. 18o
IBo Sylvan Face Powder ....M..19o
IU0 Toilet" Waters....... 93o V-
BOo El Caya Cold Cream ..39b
BOo Garden Fragrance Cream. ...SSo ' .t
v25e Melba Skin Lotion .".M.1S
(Oo Luxor Cream ..-.....SSo 15
SDo Ingram Milkweed Creamy... S7o7.i
60o Egyptian Cream M..........3So .
60o Fiancee Cream... ....390
' 60c Palmollve Cream ........ .3S -v -i
$3.98 Wometa's Pajamas at
$2.59
........... .
Two-Piece Pajamaa.ln MTeTalUtyleaV
batiste and WlntaoKcrepe; fA
white or flesh. SpectaTat. . epaaWef
$2.19 Bfflie Burkes at
Several styles In plain or trimmed
Windsor crepe or fine batiste; white
or flesh color. Exura -
I - . y
$1.27
.special a ............ .. m
t. '"t
$1.49 Bungalow Aprons
97c
1 "i
Slipover or side-closing styles; excel-
lent percales in light or dark shades; '
stripe or floral effect Extra n
special ...... af IC
12.49 Bungalow Aprons ...... 11.47
$2.98 Bungalow Aprons .;.$1J7
24.60 Bungalow Aprons .........12.97
- ' . . .
$3.75 Sfflc Gloves .
$2.75
lS-Buttoa Length Long Kaysef SUk' .
Gloves In complete1 range of altea and
all wanted shades and colors pair f -
today and Baton t
day ..$LiJ
11.98 CHAM0I8ETTE GLOVES IS- t
button length Kayser ohamolsette' la
pongee gray brown beaver and white;
: a pair today and .
$117'
BBjalUlUe . I i ; e srtyifle
$25 to$490 Sun or Rain
: I1m.W1.TI.. '
VIHUIOW '
' - . .: r.t -. ...... f ? f
Complete choice In. plant and fancy '
Umbrellas and Parasols sterling su
. rer bandies frory handles rtnga tips
. eta In green red purple-brown navy .
etc Today aad Saturday choice at
? HAL PRICE. ;;.' v..A i
-'15 CHILDREN'S UMBnELLAS In
' navy green aad red; ivory rings and
!
- '
tips; lexoeuent quality and m f a
extra" special at choice.... p4slU
V
J
'V i'i A
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The Houston Post. (Houston, Tex.), Vol. 37, No. 53, Ed. 1 Friday, May 27, 1921, newspaper, May 27, 1921; Houston, Texas. (https://texashistory.unt.edu/ark:/67531/metapth608236/m1/3/: accessed June 27, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; .