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Show THE HELPER JOURNAL, HELPER, UTAH News Review of Current Events the World Over United States Pledges Aid for Peace and Security J. P. Morgan Questioned by Senate Committee Plan to Finance Public Works Program. By EDWARD W. PICKARD a RESPONDING to a demand for of the policy of the United States lu the matter of peace and disarmament, Norman II. sawn Davis, ambassador- announced 4 Y' ' ' to the disarmament 1 conference In Gene ( va what seems to many a revolution- ducted from the firm's taxable Income In 1031, 1932 or 1903. Three or four million dollars of the he said, was deducted from profits in 1931 a year in which the partners paid no tax-- but none in 1932, when the firm "had loss enough." On the second day the senators heard about Morgan & Co.'a "preferred list" of friends to whom the firm sold Alleghany Corporation common for $20 a share when the 1 ary departure from traditional Ameri-- f 4 can Ap policies. In this list parently It means market price was $35. names, inkX f 1 that the United were many k. '? States has aban cluding William II. Woodin, now doned Isolation, secretary of the treasury; Charles N. H. Davis neutrality rights Francis Adams, later secretary of and the freedom of the seas. Spe- the navy; Senator McAdoo, Newton D. Baker, John W. Davis, Gen. cifically, Mr. Davis pledged his government never to interfere with In- John J. Pershing, John J. Raskob, ternational action against a nation Silas II. Strawn and Col. Charles that has been satisfactorily identi- A. Lindbergh. Another list revealed Included fied as an aggressor, and to particidipate in "effective, automatic and con- the names of bank officers and tinuous" international supervision rectors to whom the Morgan firm Some of these designed to make certain that the had made loans. nations carry out their promises In loans had been repaid, but many had not, and in the latter category disarmament. "President Roosevelt's message," the largest was a little over $0,000,-00- 0 to Charles E. Mitchell, former he said, "is a clear indication of the fact that the United States will president of the National City bank exert full power arid influence and of New York, whose trial for alaccept its just share of responsibil- leged Income tax evasion was goity to make the results In disarma- ing on in New York city. ment definite, prompt and effective. ' HAROLD JUDGE After announcing that the United FEDERAL of California was States was willing to consult with the other states in case of a threat acquitted in the impeachment trial to peace, Mr. Davis set forth the in the senate, but he escaped by a narrow margin. On the fifth and American policy in these words: "Further than that, In the event most comprehensive charge 45 senthat the states, in conference, de- ators voted guilty and 34 for actermine that a state has been guilty quittal. But under the constitua procedure of a breach of the peace in violation tional Impeachment s vote, is necessary for of its International obligations and take measures against the violator, conviction. then, if we concur in the judgment rendered as to the responsible and IF THE administration and its supporters in congress have their guilty party, we will refrain from any action tending to defeat such way, the $3,300,000,000 national recollective effort which these states covery bill, providing for regula tion of industries may thus make to restore peace." and construction of real must be there that Asserting vast public works, accomplishment In the way of diswill be financed by armament, or a reversion to a race increased Income In arming, Mr. Davis proposed drasand gasoline taxes tic arms reduction, and promised and higher Income that the United States would go as Imposts on stork far In this as the other states. dividends, as well Great P.ritain, Germany and Italy as the continuawere highly pleased with Mr. Davis' tion for one year pronouncement, but France reof all the nuisance mained dissatisfied, both with the taxes levied in the security offered by the United Hugh S. revenue bill of States and with the Davis proposals Johnson 1932. That was the for armament reduction. The more the French get, the more they de- way It was reported to the house by the ways and means committee, mand, and their obstinacy is exceedingly irritating to the other nations. and though the Republicans and r told some others objected to these taxes Foreign Minister the conference that France would and fought for a sales tax, that Is riot reduce her armaments unless a the way It Is likely to become law. The sum of $220,000,000 annualdefinite system of mutual assistance is created, supplemented by genuine ly will be needed for interest and amortization of the public works supervision of armaments. The subond issue, and the committee demust he especially said, pervision, cided this should be raised by: cover armaments which are manuIn1. Increase of the normal factured in private factories. come tax rates from 4 to 0 per cent on the first $4,000 of net inINVESTIGATION of the private J. P. Morgan & come and from 8 to 10 per cent on all above $4,000. This levy is esCo., greatest of its kind in Amertimated to raise $40,000,000 a year. bank senate was started by the ica, 2. Extension of the new normal ing committee with Income tax rates to dividends now J. Pierpont Morgan, subject only to surtaxes and taxauenior partner, as tion at the source. Estimated to chief witness. The yield $83,000,000 a year. proceedings were s 3. The addition of another conducted by Ferdito the present 1 a cent of beon nand Pecora cent a gallon federal tax on gasohalf of the commitline. Estimated to bring in tee and attracted a annually. of spectathrong These additional taxes, the retors. John W. Davis, port said, "are temporary in charformer Democratic acter and may be eliminated by Presidential candiJ. P. Morgan proclamation by the President as was there date, counsel for Morgan, and the banker when operating revenues exceed was several times relieved from operating expenditures, or when Eighteenth amendnagging questions of Pecora by the the repeal of the new and ample a ment opens protests of Senators Glass and source of revenues to the governMost interesting to the public of the facts brought out was ment." To administer the industry conthat no Income tax whatever was features of the measure when paid by Morgan or any of his trolbecomes law. President Roosenineteen partners for 1031 and it velt has selected Hugh S. Johnson 1932 and that they paid an aggre111., and he has been gate of only $18,000 in 1030. This of Moline, was because of heavy losses sus- busy getting an organization' In tained by the firm. Morgan could shape so he can go to work promptnot recall whether he personally ly. He had a large part in formuthe bill. paid any tax in 1930, but counsel lating A close associate of Bernard for the Investigators said he did Democratic leader and New not Morgan repeatedly answered was a Johnson "I do not know" to Pecora's queries York financier, about a $21,000,000 loss written off member of the old war Industries his firm's books on January 2, 1031, board. He was also head of the in addition to other deductions first draft board during the World which already bad wiped out tax- war and since then has had extensive experience In manufacturing, able income. lie was born in Kansas In 1S82. LeonFinally the banker asked ard Keyes, office manager of the lie turned to the army for a career and was graduated from West firm, to explain the matter. Point In 1003. When ho retired in transacinvolved Keyes said the tion was the inevitable result of a 1919 he was a brigadier general. revaluation of assets made necesof credit rather XPANSION sary by the admission of a new than of currency has been partner, S. Parker Gilbert, on Janstarted by the government under uary 2, 1931. Pecora hammered away with the powers given the President In act. Secretary of the questions, but Keyes, a methodical the farm Woodin announced that and who man crisply Treasury spoke appearing without hesitation, repeated his ac- the federal reserve banks had made count over and over. He testified an initial purchase of .vt.Oih,oK) that the $21,000,000 loss could, as of government bonds in the open the law then stood, have been de market A well-know- a.- two-third- three-fourth- E That is the start of an Inflationary step," Woodin said. "It is being done to inject something Into the market In other words, to keep things moving along." Briefly told for Busy Readers Woodin said additional purchases would be "entirely dependent upon FOREST ARMY ARRIVES The new law authorconditions." DECLARE CRICKET WAR izes the reserve bank to buy up to $3,000,000,000 of securities. TEST IDAHO BEER LAW When the reserve banks buy NO MORE FACTLTV CITS bonds, cash balances of member SUSPENDS MINING WORK banks are Increased by equal amounts. The administration hopes COEUR D'ALENE, IDA. The that the banks, with these additest of the Idaho prohibition second tional funds on hand, will advance law as regards to 3.2 per cent beer them to industry. was initiated In the Kootenai coundistrict court here, based on the Roosevelt ty XniEN President arrest of Paul Miller, of Wallace, asked the nations of the world on a charge of possession of intoxito agree to a tariff truce pending liquor. cating the outcome of the London economIDA. Training orders BOISE, ic conference, the administration thought it would not be In accord have been received here for 33 Idawith good faith to assess now the ho reserve officers who will go into processing taxes on wheat, cotton camp June 11 with the National and perhaps corn and hogs provided Guard in Boise. for In tiie farm relief act But NORTH SALT LAKE, UT. The Secretary of Agriculture Wallace last few weeks have seen choice thought otherwise, and after a con- beef selling at the highest prices reference with Secretary of State ceived for two years on this market. Hull he was permitted to go ahead BOISE, IDA. It has been anwith this undertaking. Probably nounced here that no further rethere will be protests from Europe ductions are contemplated in the and Canada, and then the diplomats of the Idaho State univerfaculty must get busy. Secretary Wallace and George N. sity. IDA. Ten units rOCATBLLO, of the farm Peek, relief act, selected Guy O. Shepard of the citizens conservation corps of Evanston as administrator in have arrived here for work in the charge of the packing bouse prod- Idaho forests. ucts under the act lie will have TWIN FALLS, IDA. Twin general charge of trade agreements Falls county lamb pool directors between packers and between pro- sold the county's first wool pool ducers and processors relative chief- 30,000 pounds of wool for 22 Mr. cents a pound. ly to hogs and their products. Shepard was formerly vice presiIDA. Assistance from BOISE, dent of the Cudahy Tacking com- the conservation corps in combatpany. an outbreak of crickets on the ting To handle the cotton work under south fork of the Boise river has the farm act, C. A. Cobb of Atlanta, been by the state commislie Is editor of sionersought Ga., was named. of agriculture. . the Progressive Farmer-RurallstUT. The AMERICAN FORK, Both he and Shepard rank alongside of Prof. M. L. Wilson, appoint- American Fork Gold Mining company has resumed operations at the ed administrator some time ago. old Pacific property situated at head of American Fork canyon. XJEW YORK state came to the the IDA. Reports received fore In favor of prohibition reBOISE, peal in a manner that surprised here state that President Rooseeven the ardent wets. The vote was velt has signed a bill for suspension about twelve to one throughout the of annual assessment work on minstate, and In New York city it was ing claims. The aprpoximately forty to one. BINGnAM CANYON, UT. The 150 delegates elected to the conven- town board has decided to retain tion all are pledged to repeal, and all regular employes on a basis of they will meet In Albany on June IS days a month. This applies to 27 to execute the will of the people. the police and water departments. The Empire state will thus become BOISE, IDA. Advance payment the sixth to ratify the repeal amendof taxes due the state have been ment to the Constitution. promised by counties to meet a note issue due on a stately parade down $500,000 treasury 1, "the state auditor has anJuly avenue, speeches by Postmaster General Farley and oth- nounced. PLEASANT GROVE, UT. The ers and much picturesque ceremony, A Century of Progress, Chicago's major festival of the year for this World's fair, was formally thrown city, Utah Strawberry day, will be open to the public, and thousands of held June 21. Because of the delaymen, women and children entered ed season, the twelfth annual festithe vast exposition area and mar- val will be held ten days later than veled at what had been accom- usual, but will not lack in any of By high pressure work, the features which in the past have plished. the fair was already virtually com- made it an outstanding Utah celebration. Free strawberries will be pleted. The most thrilling and dramatic Berved as usual. TWIN FALLS, IDA. Idaho part of the proceedings came at nightfall, when through a "hookup" Anieriean Legion department will of three astronomical observatories invite Geo. II. Dern, secretary of a ray from the star Arcturus was war and former governor of Utah, caught by telescopes, transmitted to to attend its state convention in this the exposition grounds and used to city next August the gorgeous put into operation BEAVER, UT. The local relief lighting system of the fair. Accord- committee has hired 12 teams and ing to the scientists, the ray started a crew of men, to go into Fremont from Arcturus just forty years ago, pass, IS miles southeast of Beaver, at the time the fair of 1893 opened. to open up a road leading into an The fact that Chicago has created area of good dry wood. this exposition during the depresTRICE, UT. Carbon high school sion Is as impressive as the fair band Is making arrangements to enitself. ter the national band contest at Evanston, 111., June 8, 9 and 10, In In Cuba seems to be a connection with the Century of PEACE off, though the governTrogress exposition at Chicago. ment continues with vigor its efSALT LAKE CITY, UT. Utah forts to wipe out the revolution will ship apiToximately 75 carloads ists. And, accord- or 1,500,000 pounds of broiler chicking to the latter, ens to the eastern and mldwestern President Machado states this year. The 1933 shipments V Is using more than are expected to show a 30 per cent Operations Increase over the vigor. crop of 1032. against the opposiLAKE SALT CITY, UT. The tion are being dilast date to apply for loans for sumrected by M'aj. mer fallowing and winter wheat Ortiz, Macha-do'- s chief military planting has been extended from 31 to June 17. The maximum strategist, and he is May for loans in Utah and Idaho Is $1.-5- 0 same the pursuing an acre. Not more than $300 will tactics with which Major Ortii he terrorized Orl- - be loaned to any one applicant. The ente province in 1031. In Santa Clara applicit must agree to plant not and Ca maguey provinces he has (more than 70 per cent of his 1932 been banging captured rebels to the wheat acreage. Loans will mature trees along the highways and in the on August 31, 1934, and will bear iter cent per antowns, and it was reported that he Interest of 5 secured by first held as hostages the family of Car- num. They will los ICyva, who led a rebel raid on liens on wheat to be harvested in Taguasco, threatening to kill them 1034. SALT LAKE CITY, UT. Utah unless Leyva surrendered with fifty Then Ortiz returned to farmers who have in the isist sevfollowers. Sancli Spiritus, and it was believed eral years made loans upon their he would pursue the same ruthless farms through the Federal Land bank will not be required to pay methods In that section. upon the principal of their loans from China, confirmed during the next five years, but wiil REPORTS foreign office In Tokyo, be required to continue their interest payments, according to Willard said that an agreement for a truce In the north D. i:ilis of Berkeley, California, China r.onc had been reached and president of the Eleventh Federal The Chi- Land Bank district. was about to be signed nese defenders of Pelplng already McCAMMOX, IDA. By taking had withdrawn from that city and the Japanese were only a few miles advantage of favorable weather, farmers in this district have sucaway. It was understood that the truce required the Chinese troops ceeded In planting practically all of to remain south of a line running the spring wheat acreage planned. from the Great Wall nor h of SALT LAKE C ITY, southeast to Lutal on the ri M) nu n from Virginia have arrived coast, the line passing north of In Utah to work in the forest army both Pieping and Tientsin. camps. Despite the reported truce there 1'KOVn. UT. Volunteer workwas iciiowod fighting at the walled ers In the Rcnovize Trovo campaign 13 miles east of city of Tuiigihow, lave riporloil total pledge of Peiplng. $10(i,o)0, nt the conclusion of a 2 1333, Western Hewapaper I'ni ,n weeks drive. Intermountain Scenes and Persons in the Current News News Edwin M. Watson, selected to be chief military aide to President Roosevelt 2 Young Nazis making a huge bonfire of books collected from libraries and private owners and condemned as literature." 3 Some of the many Gold Star mothers about to sail from New York on the President Harding for the first of this year's pilgrimages to the graves of their sons who fell in France. Col. 1 in Berlin On the Banks of the Wabash When Floods Come 1-- 2 Recent heavy rains have caused record flood tides along the Wabash river with considerable damage to property and crops. This photograph shows a typical scene in Vincennes, Ind. wins geneva trip Livinfi Buddha Tries a Plane Ride i Z WITH U t ! r: ' r" 7 : i! !4 4 ::: A. v: ' 'v r 24-2- & r-- . f: J"" I Sidney II. Levy, seventeen-year-olBuffalo (N. Y.) high school student who was declared the winner In the seventh annual competitive examination for high schools on the His reward League of Nations. will be a free trip to Geneva this summer as the guest of the League of Nations association. His holiness, the Panshan Lama (the living Buddha), of Tibet, being assisted from the American plane in which he recently enjoyed his first trip In the air, at Peiplng, China. The plane was piloted by an American airman, Julius Barr of Utah. MAY RUN FOR SENATE Italian Submarines at Boston TT5 - r- ' " s ! ' 1 . - k rKfr 1-- 2 1 Pel-plu- . UT.-Ne- arly A 4 , 4 4 S'.. " .! ., s-- it 1 ' : .. J Mrs. Gertrude Bowler o! Sheboygan, Wis., Democratic national committee woman, who has neen asked Den.ocrats by .Milwaukee county and Democrats from other Wisconsin counties to become the candidate for United States senator In opposition to Senator Robert M. I.a I'ollette In the 1931 election. ' 1 A'. ,W...'- r These two Italian submarines, the Ballila and the Millilire, were photographed nt the Boston navy yard as they were taking on stores and fuel. They came over to patrol the Atlantic during the projected (light of Italian planes from Italy to the World's fair In Chicago. Impreifing People is easy to Impress the people." said Hi Ilo, the sage of Chinatown, 'It More Male Bathert Drowned than six times as many in. ile are bathers as females i!rned while hiiiliiiiy in the United 'talcr- each year. .More . they are often like children the promise of sweets and become fretful if there are Hot sufficient to satisfy them." "but ttbo love Creen Oak Weight More Green oak weighs more Hum dry oak; the specific gravity of various species of oak, when dry. ranges froir. ,"t; to .01, white with a niois lure content of I'J jnr rent, ti e specif. c gravity varies from ."2 to .5,0 |