Show News Review of CUll Current ent Events the W World o Over ovel vel- vel United States Wont Won't Won t Interfere in Spanish Civil War War- War Crop lay Control May Be Dropped by Ly AAA AAA- AAA Jeffersonian Democrats Organize By EDW EDWARD ARD W PICKARD C 0 W p P r Union of European nations L notably France to persuade the United States to join In a neutrality pact concerning the civil war In Spain are lire not likely to succeed However However However er it is the intention of our government not to interfere inthe in 4 the situation in any anyway way whatsoever In Instructions to this ef- ef effect ef ct effect teet were sent cent to all American representatives 44 gt In Spain by William Phillips acting secretary of v Phillips state While assert asserting I log jag that the tha American neutrality law prohibiting assistance to war war- warring warring ring nations does not apply to the Spanish civil war Mr Phillips said aid that the United States Intended to conform with Its Ita well established policy of noninterference with in- in internal in internal affairs In other countries ei- ei either ei either ther In time tune of peace or civil strife trite Most of the Ue nations Invited to participate in the non intervention agreement were willing walling but Ger Ger- Germany Ger- Ger Germany Germany many temporarily blocked the tha plan by announcing that t its answer would be delayed until Madrid gave a sat sat- satisfactory sat satisfactory reply to German protests regarding the execution of four German nationals in Barcelona France set net August 17 as the dead deadline line for completion of the tho agreement agree agree- agreement agreement ment ment and It was expected that if general neutrality failed the French government would lend aid to too tile Leftist government at Madrid Dispatches from Seville said Gen General General General eral Franco rebel commander in chief in-chief eWe chief had received a large num num- number number ber her of ot German and Italian planes manned by aviators from those countries and was waa about to launch an attack on Madrid from the tho air flir The fighting for tor possession of San Sebastian and in the mountain passes north of Madrid continued unabated and losses were heavy on both sides side General Queipo rebel commander at Seville announced he was wag about to adopt new colors colora of the tha rebellion red and yellow which are arc the colors of the Spanish monarchy OFFICIALS OFFICIALS of the tho agricultural adjustment administration tion dis- dis discussed dis discussed cussed in Washington the advisability advisability of drastically reducing red or ro- ro re removing moving altogether the planting reo re- restrictions re restrictions on corn com and next year No decision wax was wa made and farmers will wm be consulted before any changes are or red It was however definitely stated that wheat acreage will be e expanded Secretary of Agriculture Wallace passing through Chicago on his way back from Iowa said he believed government controlled crop insurance insurance Insurance ance would prevent wild price fluctuations fluctuations fluctuations in farm produce The plan he said has not progressed be- be beyond be beyond yond rood the embryo stage but probably ly b would entail storage of crops In government granaries Each farm farm- farmer farmer farmer er depending on the percentage of his normal crop he wished to In Insure sure would make his insurance payments in the form of bushels bushela to tobe tobe tobe be stored in a common pooL The plan preventing lean years and fat years would tend to stabilize stabilize lize market prices because it would assure a continual adequate sup sup- supply supply ply of Gr g r commodity was to tobe tobe tobe be Insured Gradually he said it might be t e worked out to Include all major form farm produce FIGURES compiled by Dun d Bradstreet for July show a de decline cline elins in commercial failures to the lowest figures since 1920 and a con continuation of the rate of decline was shown for the first week of Aug August August August AugustOn On the basis of an index kept by bythe bythe bythe the agency since the end of ct 1932 July insolvencies were at the an annual annual annual nual rate of 33 38 2 for firms In business It compared with in June end and 62 52 8 in July 1935 In January 1933 1033 as business was heading beading for the banking holiday it was above July failures numbered a 8 fig figure figuro uro ure exceeded on the downside only twice for tor the month since 1894 1 de- de despite do de spite the growth of 01 population and business In the meanwhile It com com- compared compared pared with 02 in the same month last T year ar and 2500 2596 in is July 1932 around the perk peik of the depression liquidation movement For the year to August 6 0 failures totaled against In the corresponding 1935 1035 months a Q drop of 16 3 per cent FOLLOWING L a conference ot of ofa a President Roosevelt velt Chairman Harrison of ot the senate finance com committee Chairman Doughton of ot the house ways and mears committee and Secretary of the Treasury Mor Mor- Mor the administrations administration's fiscal program for the coming year was thus outlined 1 Assurance that no request will willbe willbe willbe be made to the next congress for forthe forthe the levying of additional axes or in increase crease of present tax lax rates rafts rates it i 2 Launching of an immediate study by treasury and congressional tax consultants of present revenue laws as a basis bails for recommendations recommendations tiona to the next congress for slim elimination nation of inequitable taxes especially especially all ally those unfair to consumers or orto orto orto to trade 3 Treasury assurance that with continued recovery the revenue yield is approaching the point where it will wUl cover government costs coata and provide a surplus for reduction of the public debt Mr Roosevelt then started on a day three three day trip to the vicinity of Johnstown Pa where he talked over flood control problems with Governor Earle and others and on onto onto onto to Cleveland for tor a visit to the Ule Great Lakes exposition Ills itinerary pro pro- provided provided provided vided then for tor a visit to Chau Chau- Chautauqua Chau N Y to deliver a speech on foreign affairs TWO WO veterans of the senate Wll wn lam E Borah of Idaho Republican lican and Joseph T Robinson of Arkansas Democrat and majori majori- majority majority ty le leader der won their fights for tor re re- re rc nomination without much difficulty Borah defeated Byron Defenbach who ho was backed by the Townsend Townsend- Townsend ites His Ills Democratic opponent at atthe atthe atthe the polls in November will be Gov c C Ben Den Ross noss In the Ule Democratic primary to select a congressman to succeed the late Joseph W Byrns of Tennessee the Townsend in ence u- u ence gave victory to Richard M 1 Atkinson of Nashville by the nar nar- narrow nar- nar narrow narrow row margin of at 13 votes In the Presidential contest the American Federation of Labor lIB as lIBan asan anan an organization will maintain iu its traditional non partisan policy polley ac- ac according according ac according cording to the firm declaration of PresIdent William Green The fed fed- federation federation said cald he is 18 not In the Non Non- NonPartisan Partisan Non Partisan Labor league which is iI backing President Roosevelt We will not Dot formally Indorse any candi candi- candidate candidate date this fall faU Mr Green contin contino continued Our non partisan committee will merely prepare parallel reports on the UlC labor records of the two chief candida candidates tell and of the Ule pIa plat platform t- t forms form We will wUl send out all data to our membership They will have to make up their own minds FORTY I IT ORTY THREE Democrats most ot of them prominent nt nation nation- nationally nationally ally or locally and representing twenty states gathered In Detroit to tell ten one another 5 and the world how much and why they xA t disliked t the h c New N ew DeaL After two days of conferring the t h e y organized r themselves as the ther r National Jefferson Jefferson- ian inn Ian Democrats and named n a m e d Form r Form Sen Senator tor James A Aj Ax x j Reed need of 01 Missouri as J A Reed their national chair chair- chairman chairman man They decided to establish headquarters at once in St SL Louis and to set up an in every state Then they gave out outa outa n a 1500 word declaration or plat platform platform platform form in which they declared they will not support for re election the candidates of the Philadelphia con conventi convention venti on for President and Vice President and ond we e call caU upon all aU loy loy- loyal al nl and sincere Democrats to con consider consider alder sider the question of their duty to their country In the approachIng election with the same earnestness that has hu guided our deliberations deliberations- joining with us If they tee feel I that our conclusions are aro sound and our fety tor for the tha future of our party and our O country Is justified to The name namo of Governor Go mor Landon was v as not mentioned in the declara declara- declaration declaration tion tion but a number of its signers are openly supporting the Republican Republican can candidate Among these Ulese arc Joseph B Lly CoL Cot Henry ridge John Henry l Kirby rby of TC Texas and Robert tobert S Bright of Mar Maryland land PREMIER pREMIER BLUM made good one of of his campaign promises by putting the French leftist goi gO ern em emment meat ment in control of ot the Bank of France The board of regents in existence tor for a century was abet abol abolished shed and replaced by a council of seven headed by Leon president of the conference of la In labor labor bor The others are ere of the ministry of ot finance swings 1 ings banks consumers co operatives handicrafts chambers of commerce and chambers of agriculture The new board Is expected to continue the anti antl poi pol policy policy icy of 01 the retiring board of the institution HENRY ENRY secre secretary tary tart of the treasury and the national commission on fine arts hate ha given their approval to the desIgn for tor a memorial half dollar which will bear the likeness of Phineas T Barnum The coin wall ull commemorate the centennial unni anni anniversary of the establishment of Bridgeport Conn us liS a city cit and Barnum is honored not for his achievements as a showman but buttor for his great philanthropies and andrich andrich rich gifts gUts to Bridgeport W t X T the American Bar as as- as vy ns-vy VV convenes In Boston soon It will receive two widely dif dif- differing dif differing fering reports from a special com com- committee committee named to study the effects of New Deal legislation on the tho rights and liberties of citizens They were made public in Washington The majority report signed by John D Clark dark Cheyenne Wyo Fred H 11 Davis Tallahassee Fia Fla George L Buist Charleston S C Cand and Charles P Taft II H Cincinnati Ohio deplored the action of President Roosevelt In reducing congress to a rubber stamp body to carry through his bis program of legisla legislation tion Novel legislative and governmental govern govern- governmental governmental mental trends of the New Deal are just as uncertain today as they were two years ago the report said Laws Lawa specifically proposed as emergency measures with limit limit- limited limited ed life have been declared by in- in important Im Important portent members of the administration administration tion to be bo the beginning of perma perma- permanent permanent permanent nent changes In national policy There has been a continuing con conflict lct between such officials as to whether a new social and economic order is in the making or the old institutions are being perfected so that they may be preserved These findings were challenged by Kenneth Wynne New Haven Conn Fred L Williams St St Louis Mo and James G McGowen McGowan of Jackson Miss In their minority report they said If If the purpose of the resolution creating the special special special cial committee was to get the opinion opinion opinion ion of the American Bar association regarding legislative trends do- do de designed signed to meet changing economic conditions the report is superficial It does not deal with the problem but concerns Itself with a short range attack on surface trivialities The sharp divergence between the two reports presages a conflict and heated discus discussion ion at the tho as association meeting TARY OF OP COMMERCE L ROPER S department has bas just put out a world economic review for 1935 1835 which contains many interesting statements state ments meats It says for instance t hat hatt h a t s t future u t u r e business y prospects are condi condi- conditioned conditioned in hi part upon narrowing a t 1 narrowing the gap gapi i between g o 0 v e m in ment e expenditures and and receipts It as asserted assorted assorted x sorted t that hat h a t the government deficit a springs fro from m the root of ot A r P Sloan Stoan ment which is still the major problem confronting the country and continued Most of the recent increase in inthe inthe inthe the public debt has bas resulted from emergency expenditures which will willbe willbe i be reduced as the need diminishes At this date the evidences of need are still manifest Saying the public debt has has con con- continued continued continued to mount rapidly notwithstanding notwithstanding notwithstanding standing the substantial increase in inthe inthe inthe the national revenues the report added I Future business prospects are in ina ina Ina a degree conditioned upon the pos pos- possibility possibility of bringing e more In line with receipts and thus eliminating partially at least the uncertainties prevailing in connection tion with ith future taxation and other budgetary problems I As to the part pla played placed cd in the reo re- recovery re recovery covery to date by b the heavy govern government government government I ment expenditures the the report saidI said This Tills question is not easily an answered answered I but it is certain that such outlays have had bad an influence I In many directions for ample e on retail sales on farm Income on the growth o of bank deposits and on I Ithe the prevailing level of interest rates I The latter statements may well be compared with the report of Alfred Allred P Sloan president of ot Gen Gon General GonI I oral eral Motors to the Business recovery throughout the world In which the United States has participated is being gen crated by a combination of ot various Victors Mr Sloan explains In InI Inthis Inthis Inthis I this country the Ule automobile indus industry industry Industry try has been helped he says by principal Influences Only one of these Ulese ho he points out has Its roots in the New Deal financial schemes and ho he finds that influence influence influence ence a bad one because it creates a temporary fool tool s A p In which sales and earnings are bal bol boned by go govern government government ern ment expenditures bolI I T R p among the Town L smoldering ever since their Cleveland Cleeland convention has broken out into civil war Dr Fran Francis Francis Francis cis Townsend has just summarily FranI I ousted from the organization three of the eleven leven directors Apparently the reason is twit tint they are support supporting I f fing ing ine President Roosevelt and object to Townsend s effort to swing his follo ers to the support of ot Lemke The three men thrown out are arc Dr Clinton tS under a former Bap Baptist Baptist preacher now living hung in New YorI John B D Kiefer Chicago ra re-I re re regional gional dir and Maj WillIam Parker of New Nework fork ork eastern re regional regional cion gional l director LEADING T T FADING officials of Class I ran rail railroads rail rail- |