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Show AMERICAN FORK CITIZEN News Review of Current " . Events the World Over Silver Remonetized by Order of President Recovery .Program Developnjent-rrHukey Long's. Income Tax. Under Investigation. By EDWARD W. PICKARD mmmmmrmmmmmm ... ' ,, Senator Pittman SILVER has come back. By executive ex-ecutive order of President Iloosevelt It ia remonetized In the United States and will be coined . on ,v iurg sea le. Formally ratifying the London conference confer-ence agreement and exercising the powers pow-ers given him by the Inflation amendment amend-ment to the farm adjustment act, the President .. directed all the federal mints to accept for coinage all silver mined hereafter In the United States or Its possessions, up to 24,000,000 ounces a year, at a price of (HVi cents an ounce. This Is to be In force for four years. The government split the present legal price of $1.29 an ounce for silver In half In reaching . purchase pur-chase figure which Is 19 cents an ounce over the present open market. mar-ket. "This proclamation," the President Presi-dent wrote, "in accordance with the act of congress, opens our mints to the coinage of standard silver dollars dol-lars from stiver hereafter produced In the United States, or Us possessions, posses-sions, subject to the depositors of such silver surrendering, to the gov ernment one-half of it as seigniorage seignior-age and to cover all usual charges and expenses. The dollar coined from half of such newly mined silver sil-ver will be returned to the depositor. deposit-or. The half surrendered to the government will be retained by the treasury. M Mr. Roosevelt, In ratifying the agreement, pointed out that such action had already been taken by the government of India' and that oinvr naiions concerned were reauy Also to act Host Jubilant of all public men over the President's action was Senator Key. Pittman of Nevada, who, as a delegate to the London conference, took a leading part In drawing up the silver agreement lie foresees greatly Increased ex port business as a result of the move because the baying power of the sliver-using countries of the Far East, especially China and India, la lifted by about 00 per cent Senator Pittman said the effect of the new order would be to take Into the treasury about 24,000,000 ounces of silver, to coin one-half of It and deliver It to the owner or depositor of the silver. The other 50 per cent will be retained as bullion in the treasury. It Is his expectation that the- new order -of the White House will give great encouragement to the silver mining regions In the West BOTH the federal Surplus Relief corporation and the agricultural adjustment administration have been purchasing commodities for the Teltef of the Idle, and thereby economy and efficiency have suffered. suf-fered. Such purchasing operations have now been consolidated in the Surplus Relief corporation. The administration also was completing com-pleting plans for utilising the Surplus Sur-plus Relief corporation as a device for retiring millions of acres of sub-marginal sub-marginal lands from cultivation. The work Is being directed by Bexford 0. Tugwell, assistant secretary sec-retary of agriculture, and It is planned to use funds of the public works administration to purchase the economically unproductive areas. OFFICIALS of 21 railroad unions met In Chicago and adopted a ..program of . diistrecL. lclUUlao-. Uat Includes a six-hour working day for the million or more railway workers in the country as a means of Increasing employment. A. F. Whitney, president of the Brotherhood of Railway Trainmen, who acted as chairman at the meeting, meet-ing, estimated that a six-hour day wM cot the railroads of the country f.WO.noo.OOO annually. The railroads themselves have estimated estimat-ed the probable cost at twice that mount, he admitted. AFTER receiving a report from an Investigating committee headed by Robert S. I.ynd, the consumers' con-sumers' advisory board of the NRA recommended the establishment of consumers' standards bourd that would be chnrged with the dovel opraent of means of enforcing accurate ac-curate labeling. Anions the articles named as necdln quality grading are gnsollne, razor blades and children's chil-dren's shoes. Legitimate Industry, in the opinion of the board, Is encountering en-countering destructive i-mi)-i it ion from unethical producers who nre reducing the quality of t ln-i r products prod-ucts to fill the gnp In llirir pr.;ts caused by enforcement of m; Adinfnlstr.-itor IIu'li S. .Il-i '.;( busy trying to Hour up lie- i-.t itfon coTl'vrnli:;; the cleimer- :r '! '-.era. M.'inv in lliis Industry h:il. been cited for prosecution for refusing re-fusing to comply with prescribed minimum prices. The cash-and-carry cleaners contended these prices wrr no high that -their business busi-ness would be ruined. Johnson defended the prices prescribed pre-scribed as "reasonable and fair for the quality of cleaning which the public has the right to expect," but conceded that "there la some demand de-mand for lower quality or so-called scamped work." "Accordingly," he continued, "cleaners "clean-ers who wish to maintain higher prices and higher standards, may Join with the President to continue the minimum prices originally approved ap-proved and such cleaners will be given the right to display the blue eagle with appropriate Insignia yet to be decided on, Indicating they are maintaining higher quality and higher prices." CHAIRMAN FLETCHER and bis senate banking subcommittee received report In which were listed several million dollars In In-sull In-sull securities and German bonds among 7,000 Items of collateral held by the Reconstruction Finance corporation cor-poration on the famous 190,000,000 loan to Charles O. Dawes' Central Republic Bank and Trust company of Chicago. Members of the committee refused re-fused to make the report public, but said It showed the outstanding balance of the loan ($62,000,000) was covered by the collateral under the corporation's estimate of present pres-ent value. They said the value of all Insull securities held as collateral collat-eral was not totaled, but one member mem-ber estimated It at from $8,000,000 to $0,000,000. In addition, committee members said, the collateral Included several million dollars of foreign securities, among them many German federal and state bonds. The loan was made In 1032 shortly short-ly after General Dawes retired as head of the R. F. C. to take the chairmanship of the bank. It was sharply criticized by members of congress and was made an Issue of the Presidential campaign. Buenos Aires, said: "My most enduring en-during remembrance of the confer ence will be the beautiful patriot-Ism, patriot-Ism, the patience, and the states manshlp of the Bolivian and Paraguayan Para-guayan delegates In the midst of delicate and anxious problems. The tasks were unspeakably difficult hut the good will toward peace which both have shown has been superimposed upon differ encea, and . they offered., the . world an example of how powerfully a will for .peace can conquer apparently appar-ently ( Insuperable obstacles." I Ft SENATOR HCEY P. LONG, the Louisiana "klngflsh." may be nearlng the end of his rope. The latest news about him Is that the administration has decided upon his prosecution on the often heard charges of evasion of income in-come taxes. When Mr. Hoover was President a,r Investigation Inves-tigation of his receipts, re-ceipts, as well as those of his political polit-ical associates In T oll I ol a n n ntna Senator Long . . , , " started, and dropped probably because the Presidential Pres-idential election was near. Now tills Jnqulry-ha been resumed, the agents of the Internal revenue department de-partment seeking to find out whether wheth-er Long reported in his Income tax schedules all the sums he received both as governor of Louisiana and as United States senator. In Washington Wash-ington It is held virtually certain, that this action has the approval of President Roosevelt. Huey himself professes not to be worried. "That matter was scheduled sched-uled to come up now. he said to an Interviewer. "It has been up 1TJ0 times before, and always comes Just before congress meets. I am no Interested." Long's power In his home state Is fast waning. In the first place, he has been unable to obtain any -rogmtifm In the matter of federal fed-eral patronage. And the senate committee's Investigation of the election-of Long's colleague, Senator Sena-tor Overton, uncovered a most unsavory un-savory mess, the odor of which offends of-fends Louisiana folk. Only a few days ago Mayor T. S. Walmsley of New Orleans announced that he had definitely broken with the "klngflsh," and others of his prominent prom-inent adherents have followed suit O EALTY and personal property taxes, for state purposes, have been abolished by the state government govern-ment of Illinois. The step wns taken after state officials decided a 2 per cent tax on retail sales, with pnrhaps some help from liquor taxation, tax-ation, would be adequate to replace the $:5T.,0N).(Xo levied annually In recent years on general property. This action Is notable as the first complete substitution of a sales tax for property taxes any slate has nwid'1. It will result In n saving ranting from 7 to 1!) per cent to properly Owners. f!ov. Henry Horner, Stiite Tre:ii:n r .1 ('. Mur lin ami Nl::te A'nli'or IMwnrd .1. 1' in'i'l coiiiprlM' the I, i.-ird 1 1 1 ; 1 1 :tl-l:-!:. I Hie ::. T t iv MAJ. Gen. Edward L. King, U. S, A, commander of the Fourth corps area, died suddenly In Atlanta, Ga. He was a graduate of West Point and served In France during the ...W.orjd .wax, earning many decorations, tie also fought In Cuba in t)e war with Spain. PRESIDENT DE VALERA'S -government In the Irish Free State sustained a severe reverse when Justice Byrne of the Dublin High court released on a writ of habeas corpus Gen. Owen O'Duffy and Capt John Sullivan, leaders of the Blue Shirt movement They had been arrested ar-rested at Westport under the public safety act Justice Byrne, In announcing his decision, said : "I can only come to thd conclusion conclu-sion that O'Duffy was arrested because be-cause he was speaking to some persons per-sons while wearing a blue shirt That Is the only reasonable Inference Infer-ence to be drawn from the facts. J do not accept the police superio tendent's story of the arrest on su plcion as the true explanation of the case. "So far as Sullivan Is concerned there Is no evidence why he was arrested and his detention Is Illegal, So far as O'Duffy Is concerned, I am also satisfied his detention t unlawful." "We are teaching the government to respect the law," said 'General O'Duffy, as he left the prison. "The Blue Shirt movement Is perfectly lawful and constitutional and will go on to victory. I don't anticipate there will be any more Interference with Blue Shirts after the high court vindication. If there Is, we are prepared to meet It We will carry on until the objects which we established are achieved and until eventually, as I hope and believe, the Irish people entrust us with the government of this country." CHINESE National a'r forces bombed Foochow, Fuklen province, prov-ince, where Communists were concentrated, con-centrated, and In the process damaged dam-aged the church and other property of the American board mission. Fifty-eight Chinese were killed but no Americans or other foreigners were Injured. Nationalist gunboats then took possession of the Foochow Foo-chow forts. PECULIARLY atrocious was the murder of Archbishop Leon Tou-rain, Tou-rain, head of the Armenian church In America, as he was attending services In a New York church. He was stabbed to death presumably by members of a group opposed to the. Soviet regime 4 Armenia. Tfee-assassins Tfee-assassins escaped from the church, but a number of suspects have been arrested. JESSE II. JONES, chairman of the Reconstruction corporation, believes the railroads will need further fur-ther financial assistance from the government during 1034. He said that the government either ei-ther through the corporation or some other agency would have to help refinance refi-nance the security Issues that became due during the year. Several railroads rail-roads already have discussed the matter mat-ter with the cor poration, among them the New York Central, which has a maturity of $48,000,000 due May 1. Wall Street statisticians have estimated es-timated that the larger maturities total about $372,0(10,000, but smaller "maturities probably will add another an-other $100,000,000, and buying of rails and rolling stock might put the railroads' expenditures for the year far higher. Jones mentioned a figure of $2,300,000,000. Most of the roads are asking the corporation to advance half of the maturities, planning to pay a portion por-tion of the bond Issues In cash and the remainder with new bonds. "V .-IP Jesse H, Jortss tpn HOWE, known as "the sage of Potato Hill," Is eighty-one years old, so he Is retiring to enjoy the leisure he always has desired. It was announced at Atchison. Knn., that Howe's Monthly, for 22 years his personRl organ of "indignation and Information," has discontinued publication. The veteran journalist journal-ist and philosopher Is sending the winter in Miami, Fla. FRANCE'S worst railroad disaster llllllln l-Kfilihi.na n ., 9 ... ...m.,v ininiiin a linn- in iiMMiril- lug Instead of Joy there. Two hun drcd and one men. women and cliil j dren perished when the I'arls-Stras- ' lioiirg flyer crashed into the Nancy exprevs n( full speed ;il Pomponm-, nln'iit 1 " miles Cr.'ii Paris, 'the ac ei.'i id liyjjpcci-d dwriiitf n !ens. (.. fn f h- rnnnhrr of (rnA"V" .T:-.-iv t !" .'. .. I" I e ' I,, ill!.. . 1; ( ,; , ;, (,,., it s. ..i..M,.i .t, pi: i,i -.. ii . , .' : y : I ; -I. TRdDSlMS BEVkitLY HILLS. Well all I- know is just what I read In the papers, pa-pers, m what I -have read 4o -the .ps," pers In the last year, 1933, you are "Leaving . eiwreniie."vNw, lets kinder add up and see what the old year dealt us. She opened on the . tail end rof the "Republicans "Republi-cans Last Round Up " and she Is ending on "Many New Deals." She held a lot of hope when she come In. Mr. Roosevelt had just been elected elect-ed by some unearthly majority, forgot for-got how much. Lots of folks felt like It mfght have been better It 1 Mr. Hoover had resigned and turned the office over on or about the first, as It will be from now on. That would have given the new President a chance to get his plans started ten weeks earlier. Had the bank holiday been called ten weeks earlier you would have saved ten weeks of continuance con-tinuance closings. In fact some of the banks ought to have been closed before they opened. Well there wasent a thing could be done, or that could happen In January or February, as naturally the old Administration couldent pat over anything. They had been diss-credited diss-credited at the polls. So January and February were a total loss as far as action. Congress was In session, ses-sion, but they were just bidding each other goodbye, for It wu a sad old bunch.. Many an old timer that had. .been in those old halls for years, and did his best, was ousted. Lots of cases the voters dident know what they were getting in bis place, but they dident care. They just wanted want-ed something else. So January and February were null and void. But brother when March came, things begin to pop. Mr Roosevelt was sworn In about eleven A. M. and before lunch be had every bank In the land shut He called Congress In extra session ses-sion while he was having his desert for lunch. Well from then on you got to think fast as to what happened, hap-pened, (1 cant remember either) but just about everything that we had never thought of happened. First thins he had to do was to get the bankers out of bock. This brings us up to about June, and they had an Economic Conference Confer-ence in London, (but we better let that drop). All 1 can remember was that William Allen White went over and wrote about it. Thats about the best thing in It. Well I guess the deligatcs came back. I dont know whether they did or not, for we cant remember who they were. That brings us up to July and August. Au-gust. Right along in there some Where Congress adjourned, if It interests in-terests you I can look it up and And you the exact date. No? All right we will go ahead. Around In there somewhere we went off the gold. I like to forgot that. a It dident Inter est me at the time, or since then either. All I can remember la.Eng land and France were broken-heart ed. so it must have been the right tiling. And say wait a minute, the N.R.A. came in there someplace too. TlnnHhe scare over Inflation. That has been a dally dozen since we dived off the gold. Then we were supposed to be washed up If we dident stabilize the dollar. Yon couhkiii have a thcrmomoter dollar. Well here It Is going into another year, and we still dont know Its value. An Englishman wont give us but'si.xiy cents for one, but then an Englishman bas no use for It. 1 wouldent know what to do with one of his pounds either. As Fall -crept on us prohibition crept off of us. We were allowed to sell liquor, but nobody, knew by whom it was to ha. sold Now these and a million of other important things have happened this past year. Now we got it down lets add up what did the year brine I ' .-5 us? Well for the first and best thing it brought us a year nearer to the old pros perlty corner L:ts of benefl rial things have happened. Some schemes bavent worked out 100 per cent, but there has always been a constant effort to help the un employed, and the little fellow. Roosevelt wants to see the big fellow fel-low do well, but be wants to make snre that be gives an even break In the accumulation of his wealth. But. taking the year all the way through, you can mighty easy report "Progress." Thla depression was deep, and you dont climb out of any thin:- as quick as von fall In. Its ccitam.v been a ycat f rxrlfement. not a d ill moment. I think we can Sin !' i c I time to relax lu 31, and Che -..i.e. of Uiese plans u chancii. 'ii j. " r i. !tt. vim are I!:i?de'I'i vime '' " " ' . ..-Id'-: A ' tm-le t : . rl-' p -. ' -d n to , V Jb - . ... M ")'.. - Scenes, and Persons in the CwrenQfewT .!v-- X. h "i -' i - -,-- i. liSL-. I It itk 1 n.ot . e4. r-ii i i . . . uwiui V. pw otrnaW v..m, unplug uiemaeives out 01 a OO-Inch snowfall that ter off right. 2-Membera of the Tennessee division, United Confederate Veterans nr! ,? " 1 Roosevelt a pledge of Ihelr solid backing of his dmlnlatratlon. 8Mr. Ann. i i..,L ' : . "n to P Point, N. Y- after her 30,000 mile air Jaunt with her husband, Col Charles A Lindbergh." Waters Break Through Uncompleted Madden D J w J. -V 1 3 - -. i -.. .. : - n Bi t Si! 0 i M n "I iD -v. ",v i. . . Flood waters of the Chagres river breaking through a section of the uncompleted Madden dta a ma. Work on this project Js expected to be completed In 1934. Increased water storage for the Prami and better control of the wet season floods are two objects of building the dam. MAY ENTER CABINET jJK-'-'t-i. Reports were current In Washington Washing-ton that Martin J. Conboy, recently appointed United States attorney In New York city by President Roosevelt Is being groomed to en ter the Roosevelt cabinet at Wash ington, as attorney general. Attorney Attor-ney Geeeral Homer S. Cummlngs Is said to be about ready to leave the cabinet to become governor gen eral of the Philippines. 4 l Mi K il ' C . ill M II WW Making Shells for Our New Cn& n WANTS KEAN'S TOGA? (Sun' ' ; o " f)!! X Sty - td k4 tef.v; : Wu 'i r e? : If lm i T Section of the cartridge case shop In the navy yard gun ttd , Washington where thousands of shells are being turned out to w k minds resulting from the nation's three-year building program, n f tnl-w whleh rfnrln th Wnrlil m,ar omnlnverl 10.000 WOrtteA, J, working at Increased speed turning out guns of every type, gnu and ammunition supplies for the new cruisers. Built to FoU Chinese Pirates ' - ' Mayor Frank Hague of Jersev City, N. J., is, according to tlx reports, thinking of entering tin fists for t tie Democratic nomination for, Pulled States senator In tin ninio in nun! ics. i ne seal now oc cjipled by .nator Hamilton y Heal, ivlio woo. Iiis.u;tn In-the l't?. rtoover-laniWM.i. ui'il he at nu".v. and it k .. . ':i! i . f.. , ..,.,, ,),,,, h l.i ; ;e.iv !,e . . 1 1 1 I li t i. .tr, errid' ' dc i M, , ,, :iM 1 i . . i n IP . ... , i ,i I.. I ' -y-. i fTJ'.T"" l""",l"'",i',"i yw? " 1 1 - .1 ,,-nfHH s- - -h Cliliie.se pirates .won't have much ch '' " ,. ,. , i,( 'e"'- rthl.il was txilll lit 1'aiil.ilT. Wale, f "l m K.'inI In, lie;., ('Iillia mid .1.1 ..I n linll- '"''' across ihe hliin to protect Hie cabins nh'' " IS 1 11 I I iriL ...,;,.-d i'-J in' i' f of I I |
