Show RAM STABLE MONEY IS OBJECT OF LEAGUE Organization Hopes to Avert Fluctuations WASHINGTON May 28 organ 28 Organ Organization of the Stable Money league teague designed to foster interest and promote promote promote pro pro- mote establishment of ot a system of or preventing fluctuations in the buying power of of- the dollar was completed today by financial men and economists econ econ- A resolution was adopted pledging its membership to w work rk for forthe forthe forthe I the creation of a stable currency with exchange value and purchasing power not subject to violent fluctuations fluctuations fluctuations which disrupt the order of business business busi busl- ness ness and industry and remove the strongest Incentive to human labor I thrift and efficiency J. J W W. Jenks chairman of the board of the Alexander Hamilton institute was elected president and L L. S. S Rowe Howe director of the Pan-American Pan institute H H. A A. Wallace Jr Jr Iowa lows and Robert D D. Kent Passaic N N. J J. were elected vice presidents 1 I Professor Irving Fisher of Yale Tale university chief proponent of one plan for stabilizing money values Mr Wallace Vallace and Mr Kent were vere I among the speakers Mr Vall Wallace ace who is the son of the secretary of agriculture warned that this country will witness a severe crisis with dangers of another rise of populism on the farms during the next eighteen months unless sound money is instituted Last year the average renter had nothing left as a return for his la labor labor labor la- la bor bor he declared the average return being less than 5 cents an hour |