Show news review of current events the world over insull brought back for trial defends himself token payments on war debts are barred compromise silver bill being formulated EDWARD V W PICKARD AMUEL INSULL once the grand S SAMUEL old man of public utilities has hag been brought home to be tried for his alleged sins after his long period of refuge in foreign M lands ills his prison ship the Er ilona arrived J off fort nan ban cock N X J and insull was taken oft off at open sea by the united states coast guard cutter hudson which jr landed him quickly A after an automobile ride to princeton junction he w was as put samuel insult insull aboard oard a train and transported swiftly to chicago ills ton eon samuel insull jr had been permitted to join him on the E and accompanied him on the trip west landing an on american soil insull appeared to recover his old time confidence fi to reporters lie he said 1 I am in america to make the most important light fight of my life I 1 am fighting not only for freedom but for complete vindication I 1 have erred but my greatest error was in underestimating the effects of the financial panic on american securities and particularly on the companies I 1 was trying to build 1 I worked with all my energy to save eave those companies I 1 made mistakes but they were honest mistakes they were errors tn in judgments judgment but not dishonest manipulations arbitrarily I 1 had been instructed to resign as head of these companies which I 1 had built and which I 1 had tried to protect 1 I was told that I 1 was no longer needed tired from the fruitless struggles ruggles tt to save the investments of thousands of men and women discouraged cou raged in ID my attempts to save sae the investments of my friends and associates as well as everything I 1 had I 1 sot got out no charges were brought against we me until I 1 had bad been away tor for three months my return at that time would have further complicated the problems of the reorganization of the companies the whole story has not yet been told you only know the charges ot of the prosecution not one word has been uttered in even feeble defense of 0 me and it must be obvious that there also Is my side of the story gnei it Is told in court my judgment may be discredited but certainly my honesty will be vindicated RUSSIA ring has been angered by a ruling of bf attorney general cummings and there Is danger that all the plans tor for reestablishing establishing re trade with that country will go awry sir mr cummings was called on to determine what nations would be barred by the johnson act from marketing their securities curi curit ties les in this country or in any way receiving financial assistance this lie he did by announcing the six foreign nations that are not in default to the united states government on their obligations these are finland great britain czechoslovakia italy latvia and lithuania finland has met in full all installments on its war debt the others have made token payments on recent installments immediately after the attorney generals ruling was made public it was authoritatively stated in washington that president roosevelt had decided to accept no more token payments therefore england and the others that have bare made such payments will fall into the default class on june 15 when the next payments are due even finland may now default it if the nations proffer token payments they may be accepted by the treasury as on account but the nations will still be held in default and thus will be shut out under the new johnson act from obtaining any government loans inthe in the united states the president will inform congress it Is reported that he desires no BO legislation at this time with respect to the debt question soviet russia fell in the default class because it ignored obligations of cit the preceding czarist and Ker kerensky ensLy governments A directly at the american telephone and telegraph company and the western union company both of 0 which are said bald to have defied him recovery administrator johnson made public a drastic code for the wire communications industry prepared by his own staff imposition of a code Is regarded to all intents the same as writing law for the industry affected equal in scope to the authorization tor for licensing industry nothing like ilke it has been resorted to heretofore in the telegraph casic case with all but ona one minority group flatly opposed to any code the nita NIIA Is proposing to change longstanding long standing conditions and alter the internal economy of the industry on oil the ground that mat existing conditions burden commerce and reduce employment A date for hearings was set get after which the president was to be asked to take action the 1 I he code it 1 adopted would deprive oil native interests of financial ad vantages amounting to many millions of dollars the authorities declaring these are not fairly held among the things it would abolish are exclusive rights of the western union telegraph company to something like worth of bustness business annually use by many corporations of private wire circuits leased at figures alleged to be out of line with regular charges cli arges for the same volume of business and free use of these circuits by clients of the lessees lessels to the tune of millions of dollars worth of words each yearn year DRASTIC reorganization of the illta to give the federal government a permanent balance of power between large and small industries was recommended in the majority report by the darrow board which president roosevelt decided not to make public in its original form but referred to three government agencies for preliminary digesting on the theory that the kita has shown business incapable of self regu lation the 5 to 1 majority report proposes to scrap all the present code authorities ties in favor of an entirely new setup set up in which the federal government big business and little business have equal voting representation OME sort of a compromise on silver s SOME legislation that will be acceptable to both the white house and the silver bloc in congress Is likely to be worked out though senator borah wn who wants outright remon of the white metal thought the bac plan being prepared would not serve secretary of the treasury and eight silver senators 7 held prolonged conferences and all but the gentleman from idaho secretary were fairly ay iy well i satis gig fled g senator king of utah said he be hoped for a bill which would nationalize silver bullion and provide for the establishment of a 25 per cent silver reserve for currency probably the measure will be mandatory as to policies and permissive in leaving to the discretion of the president the means of carrying out the policies 0 AVOID impending defeat by the TO Ts senate enate the president w withdrew from its consideration the names of two men he had bad appointed to office one was willard L thorp nho ho had bad been made head of the commerce departments part ments bureau of foreign and domestic bestic commerce the senates objection to mr thorp who ho has been serving as head of the commerce bureau pending action on his nomination was based on the tact fact that he once registered as a republican in a massachusetts primary the other withdrawal was of rene A alosca as united states attorney for the eastern district of louisiana lie ile was opposed by senator huey P loss lorig W MELLON the venerable ANDREW and wealthy ex secretary of the treasury and former ambassador to england came out on top in his latest contest with the department of justice pe ll 11 N the government Z bad accused him of evading his income i N in taxes and sought his indictment by a federal grand jury in pittsburgh however the grand jury refused to return a true bill declaring the charges were A W whellon mellon basl basis the foreman of the jury was william beeson a bank clerk among others on the jury were five laborers two farmers two engineers two mechanics chanice cs two clerks one plumber one carpenter a lumber dealer and a writer mr air mellon said laid 11 1 I am of course gratified that I 1 have been exonerated by a jury of my fellow citizens the fact that the grand jury reached a sound conclusion notwithstanding the unusual methods pursued in my case Is proof of the good sense and fairness of the american people the finding of the jury probably ended finally the affair mr cummings saying baying the government would not challenge the decision it may also put an end to the not infrequent attacks on mr mellon in congress pa PRESIDENT RESIDENT ROOSEVELT Is again 1 a grandfather grand tor for down to in fort worth texas a daughter has been born to sir mr and mrs elliott roosevelt the baby who weighed six pounds sli six ounces has been named chandler roosevelt acome A IR mall mail flying by the army has ax come to an end and tile the routes are being taken over by commercial aviation as fast as the short term contracts are let H OW the league of nations nation pro 1 poses to aid china was wag told in 0 long report made public by the nan king government covering the arrangement ran gement made by dr ludwig rajeh man inan representative in china of the tha league this plan it Is supposed led to japans recent statement of a policy demanding that other nations keep their hands off china the document was politically innocuous being chiefly the recommendations of technical advisers tor for projects designed to attract foreign capital to china and consolidate it as an independent nat loii the list of advisers did not include any japanese the chief interest in the report from the standpoint of the united states concerned the section devoted to cotton it shows that china must purchase about worth of raw cotton annually most of which comes from the united states the report also proposes an exten give road building program which la Is likely to improve the market foramer for amerlean american cars as well as gasoline A chinese national military and communications commission has just left shanghai for the united states by way of europe its twenty two members are instructed to learn how china can acquire a modern war machine and methods of communication that are up to western standards from cairo egypt told aa somewhat hazily about fierce fighting that was going on in the arabian peninsula where ibn saud the fanatical king of 0 saudi arab arabia Is was making war on the ancient kingdom of yemen determined to con conquer quer it already the sandlan army which Is powerful and equipped with all modern arms had captured the yemeni seaport hodella Ho delda and it was advancing to attack saud sang sana the capital the war started with a border dispute according to the conflicting stories reaching cairo both sides bides claimed victory one report was that the emir feasal heir of ibn saud had overtaken and defeated the rear guard of the retreating yemeni army from yemeni officials however came telegrams stating that their retreat had been halted and that the gaudian army suffered a severe defeat in a 0 23 hour battle capture of 36 or armored more cars cars nine of them undamaged 88 36 guns and prisoners was claimed by the premier of yemen who wired that the gaudian casualties exceeded 2000 because of their nearby territories in asia and africa great britain italy and france were watching the conflict with deep concern and all had warships at hand to protect their interests te and wives who want to abe HUSBANDS be divorced and lots of them do may now accomplish their purpose in conjunction with a pleasant visit to cuba which Is bidding tor for the amerlean american divorce business president mendieta signed a decree that shortens the time required to get mutual consent divorces from three years to six sir months it also provides that instead of three appearances before the court at intervals of ss six months the parties way may make three appearances 30 days apart four new causes are added to the 15 recognized as grounds for divorce they are bigamy vice or immorality use of any drug and disparity of character REAT and japan are on G GREAT the verge of a big trade war the british have threatened to take strong action to protect their textile export interests against increasing japanese competition although the british government officially declares it will do everything to maintain amicable relations with japan the official position in tokyo is that japan can take care of herself and there was every indication that it would riot not yield to the british ultimatum that it must modify its trade program and tactics the british ish already have begun to impost impose quotas on japanese goods but trade leaders in tokyo said this would not hurt their country seriously especially since japans imports from the british isles in 1933 totaled yen or almost as much as was exported there yen hence they said the tokyo government would be able to make reprisals trade with the british dominions Is considered far more important and the japanese are confident the dominions will not follow the mother coun arys lead especially australia which sold to japan in 1933 tour four times its purchases and canada which sold seven times as much as it bought to the unanimous report aport ACCORDING of a house committee of investigation vesti gation gatlon maj gen benjamin D Fou pou lols chief of the army air corps acted in clear violation of existing law in the proposed purchase of airplanes costing coupled with the criticism of foulois was a commendation of narry harry H 11 woodring assistant secretary of war the report stated that late in 1033 the public works administration set aside tor for the purchase of army airplanes it asserted that F alls bad decided to buy the planes without competition from the northrup corporation the boeing airplane company and the glenn 1 L martin company on Wood woodring rings insistence the plan for direct purchases was dropped and specifications drawn on which alch competitive bids were asked ad C by bir western no anub |