GOVERNMENT SAVING
PLAN PROVES WORTH
System Inaugurated Year Ago
Gives Small Investors Safe
Means of Saving
(Special to the Star)
WASHINGTON, Jan. 7.—“The reor
ganized United States government cav
ings system is a little more than a
vear old and in, that time has fully
justified its existence,’ said Hew Wal
lace, Jr., the director, today. “It has
been the means of inducing persons of
small means and those who earn money
in limited amounts to invest in safe
securities with good interest. The sav
ings system of the government was
begun in war times, when every effort
was used to secure money in large and
small amounts. That money was used
to finance the war. Money is still be
ing borrowed by the treasury depart
ment to refund the short-dated war
debt. A part of that debt is in war
savings stamps—|625,0p0,000 of which
become due January 1st. To pay off
this debt the treasury has. the money in
cash, but it has arranged to pay this
money by an exchange of the maturing
stamps into treasury savings certifi
cates, thereby giving the owners of the
war savings stamps the opportunity to
reinvest their savings and the interest
__ effort to bring
about this exchange in the desire to
encourage the lessons of thrift learned
during the world war.
“The government wants to foster and
encourage these savings habits begun
during the war. and to distribute the
burden of the war debts, among as
large a number of people as possible.
There is no doubt but that when a
man's money is invested his interest is
held. Those who own a government
bond or a treasury savings certificate
have a state in the government and
they become more interested in its
management and its success. By this
savings movement $625,000,000 was in
vested in the 191S series of war savings
certificates, and over $140,000,000 has
been invested in the new treasury sav
ings certificates since they were first
offered to the public in December, 1921.
In addition to this over $137,000,000 is
in the postal savings system. In other
words more than $900,000,000 has, been
safely invested in, the government's
savings system by the American peo
ple. A large portion of this huge sum
of money never would have been in
vested had it not been for the govern
ment’s solicitation and .activity with
securities put out especially for the
small investor, and within the reach
of every wage earner.
“Through the untiring efforts of
Uncle Sam, and in spite of much criti
cism and opposition, it would seem
that the government is succeeding in
its effort to make this a nation of
savers, and of us a people' of thrift
which means greater contentment and
prosperity for all. Extravagance and
frivolous expenditures never built up
a successful community or country.
Another important point is that a con
siderable share of this money is taken
out of hoarding and insecure hiding
places and invested in government sav
ings securities where it is put to work
and is constantly increasing.
“There are still untold millions in
hiding—hoarded in secret places and
earning nothing for its possessors.
Uncle Sam wants this money brought
out and invested . in safe, securities,
where it will increase daily and earn
more for the people. In urging the in
vestment of new money or hoarded
money, a warning against the sharper
and swindler, the peddler of fake
stock schemes, and all fly-by-night get
rich-quick ideas must be sounded. All
classes of society are prayed upon by
these financial buzzards, and the warn
ing cannot be repeated too often. Daily
we hear of some victim, although the
government is doing everything in its
power to protect its people against
them. I want the people to remember
there is within everyone’s reach a safe
nutlet for savings, and security both of
mind and cash can be had by all.'*
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TRAIN SCHEDULES
(Subject to change without notice)
Published by The Star for the
benefit of the traveling public,
without remuneration from
the railroads.
At Wilmington, N. C.
ATLANTIC COAST LINE
Effective September 11. 1022.
Depart '
•3:40 A.M..Raleigh & North.*1:00 A.M.
5:30 A.M.. .South & West,. .11:40 E-M
Sleeper to Columbia Open 10 P.M.
8:15 A.M. North ...... 6:05P.M.
3:10 P.M.. .South & West...1/1:60 P.M.
Sleeper to Atlanta. 1
3:00 P.M.New Bern.12:40 P.m.
8:30 A.M_ Fayetteville ...8:00 P.M.
t6:30P.M... Fayetteville i .t.11:0""; f
7:00 P.M. North ...... 9:45 A M.
Sleepers to Washington and Nor*ol*.
*»aily to Goldsboro, but does not run
to Richmond 'and Norfolk on Sundays.
tTuesday, Thursday, Saturday only.
For Information, phone 160.
SEABOARD AIR LINE
Effective November 13. I®22;
Depart Dally
4:00 A.M. Charlotte ... y.Ua.5 A.M.
Sleeper to Charlotte open'lO^P.
5:10 A.M... Wil.-Ruthfrdtn
3:40 P.M. Charlotte 12:20 P.M,
Parlor Car to Charlotte. _
for further Information phone 1«®,
LONDON NEWS LETTER
By Cable to the Associated Press
LONDON, Jan. 6.— (By Associated
Press.)—Two concrete signs of the
gradual return to cheaper living- ap
peared with the arrival of the new
year in the form of a reduction in the
fares on all London’s underground
railways and bus lines and also a les
sening in the fares and freight rates j
on, all of England’s railroads. These j
cuts were announced simultaneously I
with the coming into force of the!
grouping system, as provided for in .the'
railways act of 1921, which was spon
sored by Sir Eric Geddes as minister of
transport.
Railway. passenger fares are reduoed
from 3 pence and 2 pence per mile for
first and second classes, respective^
to 2 1-2 and 1 1-2 pence. Most of the
freigh rates are reduced by 1 1-2 pence
On the shilling. The reduction in the,
bus fares an^ the underground rail
ways are not so easily computed be
cause of the intricate zoning system
throughout the metropolitan area; but
the reductions roughly amount to from
10 to 20 per cent.
The railway grouping system has
been in the process of arrangement for
two years, and henceforth instead of
their being 120 separate operating sys
tems all of England’s lines will be
consolidated into four main gro'ups,
jvhich will be known as the Southern,
the Great Western, the London, Mid
land and Scottish, and the London and
Northeastern. The railway act pro
! vidcs that the companies must earn
the standard revenue for 1913 and any
excess over that standard will be dealt
Itfwith as follows; One-fifth to be re
tained by the companies and four
fifths to be returned to the public in
the form of reduced fares and freight
rates. Earnings will be computed an
nually by the Railway Rates Tribunal,
on which members of the companies
will have no representation.
Under the new system various im
provements are contemplated, both as
regards roadbeds and rolling stock.
Provision is made in thet law for the
wages of employes to be fixed on a
sliding scale so that the workmen au
tomatically will obtain wages in ac
cordance with the earnings of the road.
It is estimated that with the elimina
tion of overlapping services and other
eeono'mical measures, 1,000,000 pounds
will be saved annually.
-T. P. O’Connor, “Father of the House
>f Commons," and about the most pop
ular member of the body, is showing
marvelous energy for a man who has
entered his 75th year. Mr O'Connor
took a leading part in the debates dur
ing the recent session of the com
mons, heading the opposition to the
demand for restrictions on the impor
tation of . Irish cattle. He also adyo
cated the cause of Christians of tne
near east, oh which subject’ he has
been the chief spokesman in parlia
ment for several years.
' MV. O’Connor today is
parliamentary vacation
utilizing his
in making
AN UNUSUAL ARRAY
OF INTERNATIONAL
EVENTS PREDICTED
1923 to See Much Competition
in the Realm of Sports, is
Prediction
NEW YORK, Jan. 7.—(By The Asso
rted press).—Promising to eclipse its
edeceesor in the keen calibre of com
tition, the year 1923, according to the
eseit outlook, will witness an un-,
ual array of international sporting
ents. While fixtures in such fields of
tablished rivalry as golf, tennis an
chting. both here and abroad, will
Id even greater interest than before
her events of outstanding importance
ve been added to the program.
International track and fie d meet3,
e at Paris, in May. for college ath
tes, and another at Gothenburg
Sweden, in ~ ^
strong American teams, paving the
way for the 1924 Olympics at the
French capital. A combined Harvard
and Yale track team plans to i"va^.e
Fngland for a dual contest with Ox
ford and Cambridge, and if dates d°
not conflict, the Americans are. likely
to participate in the Swedish champion
ShTnterest in international boxing has
been aroused to a higher pitch than at
any time since the Dempsey-Carpen
^ tentacle by a match, arranged
between Johnny ICilbane, American
holder of the world's Ut!e' an2. ^onean
rriaui, French wearer of the European
crown for the f-^dTo'^sVe twi
event atthe Polo grounds in New York,
DNrSTusflead'by the outcome of the
contest for the world’s lawyt tennis
title last year, in which she was de
feated bv Jflle. Suzanne Lenglen, of
France. Mrs. Holla B. Mallory, Amerl
nhnmnlon plans another campaign
-^^n^W,Ur^e=aments
tForamreeetlnhFerbFrenych rival
-ce more and also - -oUrer
pionsliip^grasV^courts at Wimbledon,
,«« —^
team tennis entrTJ ^n
l^^when^S nations challenged for
ft" v Division of the contest
^lilhD^irr.mrlCtenwTnane^r^
Eft ^he*1 United^States ^he^baL
iterest^nf XTn^.^uSh «
Unl tto fresh impetus with the British..
re,C iful of setbacks they received in
mnstfof the important events of 1922,
to retrieve their lost supremacy,
'of American amateurs prob
A team_ or hroa(j to defend the
®Waiklr cup, emblatic of the team
Walker P Gene SaraZen,
championship.^^w champion, has an
American OP® of attempting to
flft the British open title Walter
h.u. «rs ««•
other "likely" entrants in.this blue rib
b°n America's crack young
Seyera , cIu(JIns Gertrude Ederle
Wainwright. of New York,
and new us women’s records,
snd John Weismuller. Chicago star In
and Jqnn Ensiand and possibly
s >”„“•»* «'
earlv in the summer. ,
1 T ively yachting' competition also is
■ Thu Seawanhaka-Corin
■ "
a
preparations f<jr the re-publlcation of
his old and popular paper, "T. P.'s”
Weekly,” which was one of the many
victims of the war. It will be a popu
lar literary journal, mainly intended
for students of literature, especially
among the young. He already has ob
tained most of the capital that will be
required to start the venture. Some of
it came from friends in the United
States. Publication of the weekly will
be begun in February or March. The
weekly will be on the lines of the Lit
erary Digest.
The first contingent of 50 young
English women will sail for Australia
in February under the auspices of the
new organization called the Home
Companions, which is inaugurating a
scheme for the adjustment of the ratio
of the sexes in the empire. The avowed
purpose of the organization is to find
wives for the 200,0001 surplus of the
male population in the rural districts
qf Australia and husbands for the
2,000,000 surplus female population in
the British Isles. /
In order to quality as a member of
this unique expedition a, woman must
have one hundred pounds .sterling, 50
pounds for fare to Australia and 50
pounds to be held in reserve for her
return fare if life in Australia is found
to be undesirable,, or she fails to find
a husband. The women must he be
tween 20 and 30 years of age, but
preferably under 25.
“We want girls who are prepared to
rough it," declared Miss Ettie Rout,
secretary of the organization, tpday.
“We don’t want flighty or irresponsi
ble girls who are out for a good time.
Patriotic, serlouS-minde# girls who
are willing to go to the corners of the
empire for the sake of the empire
that’s the type we want. We wish to
accustom them to the customs of colo
nial life. They will find employment
as companions or helpers in typical
Australian country homes. It won t
be a bed of roses- for them. They may
have to work hard, but they will have
an opportunity to make carers for
themselves. It is more than likely that
a majority of those who go will
marry.”
One hundred acres of the finest park
land adjoining and overlooking the
famous Hamstead, on the heights
northeast of London, will be open to
the public soon. This property con
stitutes the estate Kenwood, owned by
Lord Mansfield, who, like many landed
proprietors, is planning to sell his
acres for building purposes. A move
ment for the purchase pf Kenwood as
a park was started as soon as the
property was put on the market and
through the subscriptions of a number
of public-spirited citizens^ the land
was purchased for 135.000 pounds.
The estate is ideally situated, af
fording a good view of London and of
the hills beyond. It contains two beau
I tiful ponds in which (^peat Britain
! Olympic swimmers have trained for
! several years.
I
Coast Liners Wallop
New Bern “Y” Quint
Locals Defeat Craven Boys by a
Score of 63 to 24
With another brilliant victory added
to their credit, tbe Atlantic Coast Line
basketball Quint returned to the city
from New Bern yesterday, having de
feated on Saturday night in the Craven
county city, the New Bern Y. M. C. A.
'■five” by the decisive score of 63 to 24.
This is not the local’s first victory
! over the New Bern boys.
Superior passing and deadly accu
rate goal shooting from the floor at
all stages of the game, is said to have
been the real cause of the Craven
county cagemen’s downfall. The A. C^
L. lads were never in danger. They
came to the fore as soon as the referee
sounded the initial whistle, and main
tained a substantial lead until the final
moment of play. 1
At times the work of the IVilming
ton boys was dazzling. Their passing,
dribbling and goal shooting from the
floor, and goal shooting from the foul
line was splendid at all times. Gieschen,
Gore and Holden, for the locals were
unusually good. Gieschen caged the
ball nine times from the floor, and
tossed several fouls.
For the home team Taylor’s work
was above the average, and had all
of his co-workers played the game he
staged, the Wilmington bunch would
have had a rough time of it.
The line-up follows:
J New Bern (24)
Taylor .
Right F^orw^rd.
Wilmington (63).
. Gieschen
Wheeler
Westbrook
'Reft Forward.
McGowan
Gore
Center.
Matthews
Hand
High Guard.
Harrell
Holden
Left Guard.
Substitutions—New Bern, Bell for
Harrell; Wilmington, Furlong for
Hand. Referee, Bunting. Timekeeper,
Mullineaux.
Fremont Juniors
Company. “C” Juniors Nosed
Out 21-18 Victory
Company C juniors of the Boys’ bri
gade defeated the Fremont junior
basketball quintet Saturday night in a
well played game. Both teams were
about evenly matched, but the fast
team work of the Brigadirs proved too
much for the Fremont boys.
The game was nip and tuck through
out, one side taking the lead one min
ute and losing It In another. The con
thlane club, of Oyster Bay, N. Y., has
challenged the Royal Northern Club of
Scotland, for the Seawanhaka cup, cap
tured by a British sloop here last year,
while a team contest for the British
American cup, won in 1922 bv the
United. States, also is planned. Both
these events, for craft of the six metre
class, will be sailed in British waters.
Gloucester men, too, are planning
another attempt to lift the interna
tional fishing schooner trophy, which
Canada won last year when the Blue
Nose vanquished the American boat,
Henry Ford.
Syracuse university’s laCross team
has arranged a trip to England in the
spring to meet Oxford, Cambridge and
other college teams;- and Walter
Hoover, of Duluth, who last summer
captured the diamond sculls, emble
matic of the world's amateur sculling
championship, is expected to defend his
honors on the Thames. <
UtliJ

We’ve Advertised It Broadcast!
%
Every family within fifty miles of
Wilmington will know about it!
The Boy Scouts of Wilmington will
distribute our circulars in city.
Watch for the scouts in uniforms.
They bring a message of saving to
the men of Wilmington.
They are representative boys of your city and
we are proud to place in their charge the distribution
of our advertising which announces.
OUR FIRST GREAT SALE
After 15 years of successful business in wilmington
a real sale of high class clothing for men, young
men and boy’s. j
A decidedly different sale in which the attractive features
are “Rock-Bottom” prices and quality clothing.
See Tuesday’s Star—Read our Sale Bill—and You’ll be Convinced
A ‘ sale you can well afford to attend.
SHRIER & SOLOMON
SOUTHWEST CORNER FRONT AND PRINCESS STS.
test was free from roughness and both
teams played excellent ball.
The first half ended 10 to 8 in favor
of the Brigade, but the Brigadirs start
ed a barrage of passing and shooting
in the second half that brought victory.
The Brigade boys were handicapped
with the'low-rafters on the court, miss
Ing a number of good shots, on a regu
i lation court they should experience no
trouble In making.
Picking a star on the Brigade quintet
would be difficult, every one playing a
steller/ game, both on defensive and
offensive. Captain Wenburg lead , in
the scoring with 11 points, Brady four,
Kerr four, and May two. For Fremont
Peacock were the stars,^
Peacock making five points, Ramsey
six, Aycock four, Hooks two.
The Fremont juniors will play a re
turn game with the Brigade boys Sat
urday* January 27th.
The line up follows:
Brigade, Fremont.
Wenburg ... Peacock, J
Forward.
Brady. Peacock, B.
Forward.
Jewell .. Aycock
Center.
Kerr... Ramsey
Guard.
May,. Hooks
Guard.
Substitutes: Brigade, Beale, Newton,j
Grotgen. Fremont, Telverton, Referee
Pike.
The Brigaders made the trip to Fre
mont in automobiles, driven by Kiwan
ians Harry Solomon and ^William Mont
gomery, the latter secretary of the
Boys’ brigade. They returned to Wil
mington yesterday afternoon.
Mr. Montgomery reports that the
roads between here and Fremont are
in good condition, stating that they
made 110 wiles ,!» three hours and 60
minutes. 1
Friends of Mrs. John W. Galloway
will regret to learn that she Is critlr
cally 111 at her apartment, 207 Dock
street. ' '
25 PER CENT
DISCOUNT
On ELECTRIC HEATERS
For One Week Be Finning Monday,
January S
CITY ELECTRIC
COMPANY
"Everything Elect rl cal* •
206 Princes* Phone 905